Open Demo Account
Home / Market Update / US Business Inventories Rise in September

US Business Inventories Rise in September

M. Ali 17 November, 2020 8:15 pm Market Update

Business inventories in the United States grew during the month of September by more than expected, data by the US Department of Commerce showed on Tuesday.

Business inventories increased by 0.7% in September after rising by 0.3% in August.

Meanwhile, retail inventories increased by 1.7% in September, up from an initial reading of a 1.6% rise.

Tags

Check Also

Dollar Near 2-Month High as Iran Tensions and Hot ISM Data Keep Rate Hike Fears Alive: Yen Hovers at 160 Danger Zone

Key Takeaways Dollar holds near peak: The DXY was little changed in Asian trading after …

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