US business inventories fell 0.1% in March, with wholesale inventories down 0.4% and retail inventories up 0.2%.
US business inventories fell by 0.1% in March as expected, down from a 0.3% increase in February, according to the Commerce Department's Census Bureau. Wholesale inventories decreased by 0.4% while retail inventories rose by 0.2%. This modest decline may indicate a potential slowdown in economic activity, with businesses managing their stock levels more conservatively amidst economic uncertainty.
May 15, 2024
12 Articles