Home / Market Update / US Inventories Rise in August

US Inventories Rise in August

Business inventories in the United States increased during August for the second consecutive month, data showed on Friday.

Business inventories went up by 0.3% in August after rising by 0.1% in July.

Meanwhile, retail inventories increased by 0.4%.

Check Also

Dollar Drops to Four-Week Low as Ceasefire Resets Market Expectations Ahead of Fed Minutes

The U.S. dollar weakened sharply on Wednesday, falling to its lowest level in four weeks …