U.S business inventories rose 0.5% in August, as expected

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15 October 2018

U.S business inventories rose 0.5% in August, as expected

Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,960.8 billion, up 0.5 percent (±0.1 percent) from July 2018 and were up 4.2 percent (±1.2 percent) from August 2017.

The total business inventories/sales ratio based on seasonally adjusted data at the end of August was 1.34. The August 2017 ratio was 1.39.

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U.S.: Business inventories , August 0.5% (forecast 0.5%)

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