FOREX TradingCharts.com

Financial News: U.S. Business Inventories Growth Matches Estimates In Sept

U.S. Business Inventories Growth Matches Estimates In September

11/16/2021 - 10:35:00 (RTTNews)

(RTTNews) - The Commerce Department released a report on Tuesday showing U.S. business inventories increased in line with economist estimates in the month of September.

The report showed business inventories rose by 0.7 percent in September after climbing by an upwardly revised 0.8 percent in August.

Economists had expected business inventories to advance by 0.7 percent compared to the 0.6 percent increase originally reported for the previous month.

Wholesale inventories jumped by 1.4 percent during the month, while manufacturing inventories climbed by 0.8 percent. Meanwhile, retail inventories edged down by 0.2 percent.

The Commerce Department also said business sales increased by 0.9 percent in September after inching up by 0.1 percent in August.

While wholesale sales surged up by 1.1 percent, retail and manufacturing sales advanced by 0.9 percent and 0.6 percent, respectively.

With inventories and sales both climbing, the total business inventories/sales ratio in September was unchanged from the previous month at 1.26.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Greek Economic Growth Remains Robust (02 hr(s), 09 min(s), 07 sec(s) ago)
(RTTNews) - Greece's economy continued to grow at a strong pace in the third quarter, underpin ...Full Story»

China Cuts Reserve Requirement Ratio (05 hr(s), 16 min(s), 07 sec(s) ago)
(RTTNews) - China's central bank lowered its reserve requirement ratio for the second time thi ...Full Story»

Egypt Non-Oil Private Sector Shrinks Again (06 hr(s), 28 min(s), 07 sec(s) ago)
(RTTNews) - Egypt's non-oil private sector in November contracted at the same pace as in the p ...Full Story»

Saudi Arabia Non-Oil Private Sector Growth Slows In November (06 hr(s), 27 min(s), 07 sec(s) ago)
(RTTNews) - Saudi Arabia's non-oil private sector growth eased in November, survey results fro ...Full Story»

Italy Retail Sales Growth Slows In October (06 hr(s), 29 min(s), 07 sec(s) ago)
(RTTNews) - Italy's retail sales growth eased in October, data from the statistical office Ist ...Full Story»

Germany Factory Orders Decline More Than Expected (06 hr(s), 49 min(s), 07 sec(s) ago)
(RTTNews) - Germany's factory orders declined more-than-expected in October on weak foreign de ...Full Story»

Eurozone Investor Confidence At 8-Month Low (07 hr(s), 16 min(s), 07 sec(s) ago)
(RTTNews) - Eurozone investor confidence eased to the lowest since last April as tighter lockdown ...Full Story»

Austria Wholesale Price Inflation Rises In November (07 hr(s), 38 min(s), 07 sec(s) ago)
(RTTNews) - Austria's wholesale price inflation continued to increase in November, data from t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Greek Economic Growth Remains Robust

12/06/2021 - 10:58 AM (RTTNews)
(RTTNews) - Greece's economy continued to grow at a strong pace in the third quarter, underpin ...Full Story>>

China Cuts Reserve Requirement Ratio

12/06/2021 - 07:51 AM (RTTNews)
(RTTNews) - China's central bank lowered its reserve requirement ratio for the second time thi ...Full Story>>

Saudi Arabia Non-Oil Private Sector Growth Slows In November

12/06/2021 - 06:40 AM (RTTNews)
(RTTNews) - Saudi Arabia's non-oil private sector growth eased in November, survey results fro ...Full Story>>

Egypt Non-Oil Private Sector Shrinks Again

12/06/2021 - 06:39 AM (RTTNews)
(RTTNews) - Egypt's non-oil private sector in November contracted at the same pace as in the p ...Full Story>>

Italy Retail Sales Growth Slows In October

12/06/2021 - 06:38 AM (RTTNews)
(RTTNews) - Italy's retail sales growth eased in October, data from the statistical office Ist ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.