U.S. business inventories rise 0.8% month-over-month in July
Commerce Department said inventories rose 0.8% month-over-month in July, reaching $2.76 billion, faster than expected.
U.S. business inventories increased 0.8% month-over-month in July, the Commerce Department said Wednesday, outpacing expectations. Across manufacturers, retailers and merchant wholesalers, inventories rose to $2.76 billion for the month.