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

Por: RTTNews Business July 18, 2023

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The Commerce Department released a report on Tuesday showing another modest increase in U.S. inventories in the month of May.The report said business inventories rose by 0.2 percent in May after inching up by a downwardly revised 0.1 percent in April.Economists had expected business inventories to edge up by 0.2 percent, matching the uptick originally reported for the previous month.The modest increase in business inventories came as a 0.7... + full article



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