U.S. business inventory accumulation increased solidly in August, though motor vehicle retailers continued to struggle to restock amid an ongoing global semiconductor shortage, which is forcing automobile manufacturers to cut production.Business inventories rose 0.6% after a similar gain in July, the Commerce Department said on Friday. Inventories are a key …
Read More »U.S. Business Inventories Rise in June
Business inventories in the United States registered a large increase in June, the U.S. Department of Commerce reported on Tuesday. With a monthly increase of 0.8%, business inventories exceeded the 0.6% growth seen in May. On an annual level, business inventories rose by 6.6%. Retail inventories also leveled up by …
Read More »U.S. Business Inventories Rise in May
Business inventories in the United States increased by 0.5% in May, according to official data. The increase came above the expected 0.1%, with businesses aiming to cope with the rising demand as the economy reopens and shows more signs of recovery from the coronavirus pandemic (COVID-19). Moreover, the ratio of …
Read More »U.S. Business Inventories Rise in April
Business inventories in the United States declined by 0.2% in April, official data showed on Tuesday. The reading follows a rise of 0.2% in March. On the annual level, inventories fell by 3.6%, according to the U.S. Department of Commerce. Retail inventories plunged by 1.8%, after decreasing by 1.4% in …
Read More »U.S. Business Inventories Rise in March
Business inventories in the United States increased during March, official data by the Department of Commerce showed on Friday. The increase in inventories in March was relatively limited due to raw materials shortage that impacted production across some sectors. In March, business inventories leveled up by 0.3% with the reading …
Read More »U.S. Business Inventories Rise in December
Business inventories in the United States rose more than expected during December, data showed on Wednesday. U.S. business inventories increased by 0.6% in December, after rising by 0.5% in November, according to data by the U.S. Department of Commerce. On an annual basis, business inventories declined by 2.6% in December …
Read More »U.S. Business Inventories Rise in November
Business inventories in the United States grew during November, data by the U.S. Department of Commerce showed on Friday. After registering an increase of 0.8% in October, business inventories increased by 0.5% in November. On an annual basis, business inventories declined by 3.2% during November 2020. Meanwhile, retail inventories went …
Read More »US Business Inventories Rise in October
Business inventories in the United States grew during October by 0.7%, after rising by 0.8% in September, data by the US Department of Commerce showed on Wednesday. On an annual basis, inventories declined by 4% compared with their level in October 2019. Retail inventories increased by 0.9% in October, up …
Read More »US Business Inventories Rise in September
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 …
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