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

Chipmakers Slide as OpenAI Revenue Falls Short

Shares of major technology and chip companies fell sharply after reports suggested OpenAI has missed …