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U.S. July business inventories up 0.4%
Marketwatch ^ | 9.14.11 | Greg Robb

Posted on 09/14/2011 9:43:25 AM PDT by Free Vulcan

Inventories at U.S. businesses rose 0.4% in July...Business sales rose 0.7%...The inventory-to-sales ratio declined to 1.27 in July from 1.28 in the prior month.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: inventories; retail; wholesale
Economists had predicted inventories to rise 0.5%. The retail portion of inventories was flat and the inventory-to-sales ratio in retail was unchanged at 1.34.

This is a hard report to read but my guess here is that businesses are playing it safe, and aren't going to let inventories jump ahead of sales.

Full report here: http://www2.census.gov/wholesale/pdf/mwts/currentwhl.pdf

1 posted on 09/14/2011 9:43:28 AM PDT by Free Vulcan
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