Forex News 24
  • RSS

news

U.S. Business Inventories Rise In Line With Estimates In February

U.S. Business Inventories Rise In Line With Estimates In February
админ
16/04/2018

4c535a43021f2de5a51bf8a2d2a007bf - U.S. Business Inventories Rise In Line With Estimates In February

A report released by the Commerce Department on Monday showed business inventories in the U.S. increased in line with expectations in the month of February.

The Commerce Department said business inventories climbed by 0.6 percent in February, matching the increase seen in January as well as economist estimates.

The report showed a notable increase in wholesale inventories, which jumped by 1.0 percent in February after climbing by 0.9 percent in the previous month.

Retail inventories also increased by 0.4 percent in February after climbing by 0.7 percent in January, while manufacturing inventories rose by 0.3 percent after increasing by 0.4 percent.

The Commerce Department also said business sales climbed by 0.4 percent in February after falling by 0.3 percent in January.

Wholesale sales showed a significant rebound, surging up by 1.0 percent in February after tumbling by 1.5 percent in the previous month.

The report also showed a 0.2 percent uptick in manufacturing sales, while retail sales edged down by 0.1 percent during the month.

With inventories and sales both rising, the total business inventories/sales ratio came in at 1.35 in February, unchanged from January.

by

Source

Related ItemsBusiness InventoriesCommerce Departmentmanufacturing salesretailretail salessales

Leave a Reply

Cancel reply

Your email address will not be published. Required fields are marked *

Anti-spam: complete the taskWordPress CAPTCHA


news
16/04/2018
админ
Related ItemsBusiness InventoriesCommerce Departmentmanufacturing salesretailretail salessales

More in news

273116ff712463a8fe797bc26d4bddd2 400x240 - Major policy change for the FED

Major policy change for the FED

админ30/08/2020
Read More
5ecd652efa96beb5e9daab8a81713e20 400x240 - Powell expected to preview Fed’s policy framework

Powell expected to preview Fed’s policy framework

админ27/08/2020
Read More
1cfd53e4dc84605be8f34b32e1fc08ff 400x208 - European markets look defensive

European markets look defensive

админ26/08/2020
Read More
Scroll for more
Tap

Last news

  • 273116ff712463a8fe797bc26d4bddd2 95x60 - Major policy change for the FED
    Major policy change for the FED
    news30/08/2020
  • 5ecd652efa96beb5e9daab8a81713e20 95x60 - Powell expected to preview Fed’s policy framework
    Powell expected to preview Fed’s policy framework
    news27/08/2020
  • 1cfd53e4dc84605be8f34b32e1fc08ff 95x60 - European markets look defensive
    European markets look defensive
    news26/08/2020
  • cbda506728f805be55e3597fd478b623 95x60 - Another record-setting session for U.S. stocks futures
    Another record-setting session for U.S. stocks futures
    news25/08/2020
  • 3c51d052540d35f9b8497fc0b1942d58 95x60 - $50M worth of cryptos or more left China
    $50M worth of cryptos or more left China
    news23/08/2020

Tags

american Asia Bitcoin China cryptocurrency currency Dollar dollar index economic Economists EUR euro Fed Federal Reserve forex futures GBP GDP Germany Index inflation interest rate interest rates Japan losses lost market markets monetary policy Oil price prices rate rates retail rise risk sales trade trade war trading Trump UK United States US

Copyright © 2019 Forex News 24, all rights reserved.

Trump Accuses Russia, China Of Currency Devaluation
U.S. Homebuilder Confidence Unexpectedly Edges Lower In April