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

Oil Prices Drop Sharply as US–Iran Peace Talks Lift Global Market Sentiment

Brent and WTI crude slide several percent as geopolitical tensions ease and traders price in …