✉news BusinessBusiness first seen 1 d ago, last 1 d ago, peak #20
US business inventories rise moderately in August
US business inventories increased at a moderate pace in August, according to a report carried by Reuters. The data point offers a read on how quickly American companies are stocking up on goods relative to sales, a figure economists watch for signs about demand and future production. The report did not specify the size of the rise or revised figures for earlier months.
Why now: Inventories data feeds into GDP forecasts and signals about consumer demand, so investors and economists follow each monthly release.
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