Reported 3 days ago
In February, U.S. business inventories experienced a slight rise of 0.2%, coinciding with strong sales as households prepared for impending import tariffs. This gradual increase follows a 0.3% uptick in January, aligning with economists' forecasts, while year-on-year inventories grew by 2.1%. Despite robust consumer spending, uncertainties from changing trade policies have led to lowered GDP growth expectations for the first quarter, with many estimates suggesting growth below 0.5%.
Source: YAHOO