FOREX TradingCharts.com

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

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

12/13/2019 - 10:33:00 (RTTNews)

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

The Commerce Department said business inventories rose by 0.2 percent in October after edging down by a revised 0.1 percent in September.

Economists had expected inventories to edge up by 0.2 percent compared to the unchanged reading originally reported for the previous month.

The modest increase in business inventories came as retail inventories climbed by 0.3 percent, while manufacturing and wholesale inventories both inched up by 0.1 percent.

Meanwhile, the report said business sales dipped by 0.1 percent in October following a 0.4 percent decrease in September.

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

Even with inventories rising and sales falling, the Commerce Department said the total business inventories/sales ratio came in unchanged from the previous month at 1.40.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


IMF Lowers Global Growth Forecast As India Loses Steam (05 hr(s), 57 min(s), 57 sec(s) ago)
(RTTNews) - The International Monetary Fund on Monday cut the global growth forecasts for this yea ...Full Story»

IMF Lowers Global Growth Forecast As India Loses Steam (06 hr(s), 05 min(s), 57 sec(s) ago)
(RTTNews) - The International Monetary Fund on Monday cut the global growth forecasts for this yea ...Full Story»

German Economy Probably Stagnated In Q4 - Bundesbank (07 hr(s), 06 min(s), 57 sec(s) ago)
(RTTNews) - Germany's economy likely stagnated in the final three months of 2019, the Bundesba ...Full Story»

Moody's Lowers Hong Kong Credit Rating, Outlook (07 hr(s), 19 min(s), 57 sec(s) ago)
(RTTNews) - Moody's Investors Service lowered Hong Kong's credit rating and outlook on Mon ...Full Story»

Moody's: UK Credit Conditions To Remain Stable In 2020 (08 hr(s), 44 min(s), 57 sec(s) ago)
(RTTNews) - Credit quality of new securitisations and covered bonds in the UK will remain stable t ...Full Story»

Pressures On British Household Finances Ease: IHS Markit (09 hr(s), 09 min(s), 57 sec(s) ago)
(RTTNews) - Pressures on the UK household finances eased in January, a consumer survey from IHS Ma ...Full Story»

China Keeps Loan Prime Rates Unchanged (09 hr(s), 07 min(s), 57 sec(s) ago)
(RTTNews) - China kept its benchmark lending rates unchanged for the second straight month, as wid ...Full Story»

Norway Industrial Confidence Falls In Q4 (09 hr(s), 32 min(s), 57 sec(s) ago)
(RTTNews) - Norway industrial confidence decreased in the fourth quarter, data from Statistics Nor ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

IMF Lowers Global Growth Forecast As India Loses Steam

01/20/2020 - 10:15 AM (RTTNews)
(RTTNews) - The International Monetary Fund on Monday cut the global growth forecasts for this yea ...Full Story>>

IMF Lowers Global Growth Forecast As India Loses Steam

01/20/2020 - 10:07 AM (RTTNews)
(RTTNews) - The International Monetary Fund on Monday cut the global growth forecasts for this yea ...Full Story>>

German Economy Probably Stagnated In Q4 - Bundesbank

01/20/2020 - 09:06 AM (RTTNews)
(RTTNews) - Germany's economy likely stagnated in the final three months of 2019, the Bundesba ...Full Story>>

Moody's Lowers Hong Kong Credit Rating, Outlook

01/20/2020 - 08:53 AM (RTTNews)
(RTTNews) - Moody's Investors Service lowered Hong Kong's credit rating and outlook on Mon ...Full Story>>

Moody's: UK Credit Conditions To Remain Stable In 2020

01/20/2020 - 07:28 AM (RTTNews)
(RTTNews) - Credit quality of new securitisations and covered bonds in the UK will remain stable t ...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.