Open Demo Account
Home / Market Update / US Business Inventories Rise for First Time in 2020

US Business Inventories Rise for First Time in 2020

M. Ali 16 September, 2020 6:31 pm Market Update

Business inventories in the United States rose in July, for the first time in 2020, data showed on Wednesday.

Business inventories increased by 0.1% in July, after decreasing by 1.1% in June, according to the US Department of Commerce.

Retail inventories grew by 1.2%, while wholesale inventories fell by 0.3%.

Tags

Check Also

Asia stocks rebound as tech jitters ease; Japan, China lead gains and Australia’s exports surprise

Asian equities snapped back on Thursday, recovering part of the prior session’s slide as anxiety …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends