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

Gold Rockets Toward $5,000 as Yen Strength Sends Dollar Tumbling

Gold continues its remarkable ascent, pushing closer to the $5,000 per ounce mark, as renewed …