U.S. business inventories slightly rose in October, hinting at preparation for potential tariff impacts.

U.S. business inventories rose by 0.1% in October, driven by a 0.2% increase in both retail and wholesale inventories, partially offset by a 0.1% decline in manufacturing inventories. Business sales were unchanged, maintaining a 1.37 ratio of inventories to sales. Economists suggest a potential uptick in inventory accumulation as businesses prepare for possible higher import tariffs.

4 months ago
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