Reported about 6 hours ago
US business inventories experienced a slight increase of 0.2% in July, matching June's advance, amid rising sales according to government data. Year-on-year, inventories rose by 1.5%. While inventories decreased at a $32.9 billion annualized rate in the second quarter, a smaller trade deficit contributed positively to GDP growth, which is projected at 3.1% for the third quarter by the Atlanta Federal Reserve.
Source: YAHOO