U.S. business inventories increased by 0.4% in July, surpassing expectations.

U.S. business inventories increased by 0.4% in July, surpassing expectations. This uptick reflects a gradual growth in stock levels, which may indicate a cautious optimism among businesses regarding future demand. The rise in inventories is a key economic indicator, as it can impact production and sales forecasts moving forward.

September 17, 2024
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