U.S. Business Inventories Rose 0.4% in August
Inventories across manufacturers, retailers and merchant wholesalers rose 0.4% month over month to $2.82 trillion, in line with analyst forecasts.
U.S. business inventories increased from July to August, matching expectations, according to the Commerce Department. Inventories at manufacturers, retailers and merchant wholesalers rose 0.4% month over month to $2.82 trillion in August, in line with forecasts from analysts polled.