U.S. business inventories flat in August

WASHINGTON - Business inventories in the U.S. were flat in August after a revised 0.3% increase in the prior month, the Commerce Department said Wednesday. Sales rose 0.2% in the month.

The ratio of inventories to sales, meanwhile, was unchanged at 1.40. That's how many months it would take to sell all the inventory on hand. One year ago, the inventory-to-sales ratio was 1.35. An increase in inventories adds to gross domestic product while a decrease subtracts from it.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

How Amazon moved into the business of U.S. electionsMore than 40 states now use one or more of Amazon's election offerings, according to a presentation given by an Amazon executive this year and seen by Reuters.
Fuente: NBCNews - 🏆 10. / 86 Leer más »