Financial News: U.S. Business Inventories Rise In Line With Estimates

U.S. Business Inventories Rise In Line With Estimates In January

03/17/2025 - 11:07:00 (RTTNews)

(RTTNews) - Business inventories in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Monday.

The Commerce Department said business inventories rose by 0.3 percent in January after dipping by 0.2 percent in December. The rebound matched expectations.

The modest increase by business inventories came as wholesale inventories climbed by 0.8 percent in January after falling by 0.4 percent in December.

Manufacturing inventories also inched up by 0.1 percent in January after rising by 0.3 percent in December, while retail inventories were unchanged in January after declining by 0.5 percent in December.

Meanwhile, the Commerce Department said business sales slid by 0.8 percent in January after jumping by 1.0 percent in December.

Retail and wholesale sales slumped by 1.4 percent and 1.3 percent, respectively, while manufacturing sales rose by 0.4 percent.

With inventories rising and sales falling, the total business inventories/sales ratio increased to 1.37 in January from 1.35 in December.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April (09 hr(s), 55 min(s), 40 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

Russia Holds Key Interest Rate As Expected (10 hr(s), 18 min(s), 40 sec(s) ago)
(RTTNews) - The Bank of Russia left its interest rate unchanged as widely expected on Friday, desp ...Full Story»

UK Retail Sales Rise; Consumer Sentiment Weakens (11 hr(s), 05 min(s), 40 sec(s) ago)
(RTTNews) - UK retail sales grew unexpectedly in March as good weather boosted demand for clothing ...Full Story»

Iceland Producer Price Inflation Eases To 8.3% (14 hr(s), 19 min(s), 40 sec(s) ago)
(RTTNews) - Iceland's industrial producer price inflation moderated in March after acceleratin ...Full Story»

French Manufacturing Confidence Rebounds In April (15 hr(s), 48 min(s), 40 sec(s) ago)
(RTTNews) - The confidence among French manufacturers rebounded strongly in April to the strongest ...Full Story»

UK Retail Sales Rise Unexpectedly (16 hr(s), 48 min(s), 40 sec(s) ago)
(RTTNews) - UK retail sales grew unexpectedly in March as good weather boosted sales of clothing a ...Full Story»

Hungary Jobless Rate Falls To 4.3% (17 hr(s), 07 min(s), 40 sec(s) ago)
(RTTNews) - Hungary's unemployment rate decreased slightly in the January to March period, dat ...Full Story»

UK Auto Production Surges On Foreign Demand In March (17 hr(s), 26 min(s), 40 sec(s) ago)
(RTTNews) - Edited third para UK auto production logged a double-digit growth in March but th ...Full Story»