FOREX TradingCharts.com

Financial News: U.S. Business Inventories Inch Up In Line With

U.S. Business Inventories Inch Up In Line With Estimates In December

02/14/2020 - 10:26:00 (RTTNews)

(RTTNews) - Business inventories in the U.S. edged higher in the month of December, according to a report released by the Commerce Department on Friday.

The report said business inventories inched up by 0.1 percent in December after slipping by 0.2 percent in November. The uptick in inventories matched economist estimates.

The modest increase in business inventories came as manufacturing inventories rose by 0.5 percent, more than offsetting a 0.2 percent dip in wholesale inventories. Retail inventories came in unchanged.

Meanwhile, the Commerce Department said business sales edged down by 0.1 percent in December after climbing by 0.5 percent in November.

Wholesale sales slumped by 0.7 percent, more than offsetting a 0.5 percent increase in manufacturing sales. Retail sales came in unchanged.

With inventories rising and sales falling, the total business inventories/sales ratio crept up to 1.40 in December from 1.39 in November.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


UK Manufacturing Growth Fastest In 10 Months (59 min(s), 38 sec(s) ago)
(RTTNews) - UK manufacturing grew at the fastest pace in 10 months in February, while the services ...Full Story»

U.S. Existing Home Sales Pull Back Less Than Expected In January (09 min(s), 22 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. pulled back in January after jumping in December, acco ...Full Story»

Eurozone Private Sector Growth At 6-month High (01 hr(s), 14 min(s), 22 sec(s) ago)
(RTTNews) - Euro area private sector grew for a third straight month and at the fastest pace in si ...Full Story»

Ireland Wholesale Prices Fall In January (04 hr(s), 31 min(s), 22 sec(s) ago)
(RTTNews) - Ireland wholesale prices declined to the lowest in five months in January, data from t ...Full Story»

Latvia Producer Prices Fall For Fourth Month (04 hr(s), 38 min(s), 22 sec(s) ago)
(RTTNews) - Latvia's producer prices fell for the fourth month in a row in January, figures fr ...Full Story»

Poland Retail Sales Growth Slows In January (04 hr(s), 45 min(s), 22 sec(s) ago)
(RTTNews) - Poland's retail sales growth slowed in January, figures from Statistics Poland sho ...Full Story»

Italy Inflation Steady In January (04 hr(s), 53 min(s), 22 sec(s) ago)
(RTTNews) - Italy's consumer price inflation remained stable in January, data from the statist ...Full Story»

Japan Private Sector Shrinks Most In Nearly 5 Years (05 hr(s), 45 min(s), 22 sec(s) ago)
(RTTNews) - Japan's private sector declined in February at the strongest pace since April 2014 ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

UK Manufacturing Growth Fastest In 10 Months

02/21/2020 - 12:00 PM (RTTNews)
(RTTNews) - UK manufacturing grew at the fastest pace in 10 months in February, while the services ...Full Story>>

U.S. Existing Home Sales Pull Back Less Than Expected In January

02/21/2020 - 10:51 AM (RTTNews)
(RTTNews) - Existing home sales in the U.S. pulled back in January after jumping in December, acco ...Full Story>>

Eurozone Private Sector Growth At 6-month High

02/21/2020 - 09:46 AM (RTTNews)
(RTTNews) - Euro area private sector grew for a third straight month and at the fastest pace in si ...Full Story>>

Ireland Wholesale Prices Fall In January

02/21/2020 - 06:29 AM (RTTNews)
(RTTNews) - Ireland wholesale prices declined to the lowest in five months in January, data from t ...Full Story>>

Latvia Producer Prices Fall For Fourth Month

02/21/2020 - 06:22 AM (RTTNews)
(RTTNews) - Latvia's producer prices fell for the fourth month in a row in January, figures fr ...Full Story>>
Copyright © 2020. 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.