15 October 2012, 19:04  USA: August, Business inventories increased 0.6%

Commerce Department data showed today that inventories in the U.S. rose a bit in August.
The 0.6% increase came after 0.8% gain in July. Sales at factories, wholesalers and retailers were 0.5%, compared to 0.9% month before. The increase in the demand some economists see in the looming fiscal cliff at the end of the year and government spending changes.

© 1999-2024 Forex EuroClub
All rights reserved