Economic Buzz: US Business Inventories Rise 0.5% In July

Economic Buzz: US Business Inventories Rise 0.5% In July

Sep 17, 2021 09:09 IST capital market

US business inventories rose by 0.5 percent in July after climbing by an upwardly revised 0.9 percent in June, the Commerce Department revealed in a report released on Thursday. Wholesale and manufacturing inventories climbed by 0.6 percent and 0.5 percent, respectively, while retail inventories rose by 0.4 percent.

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