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Post by bot on May 14, 2014 22:50:36 GMT -5
WASHINGTON (MarketWatch) -- Inventories at U.S. businesses rose 0.4% in March, the Commerce Department said Tuesday. Economists had been expecting inventories to rise 0.5%. Business sales rose 1.0%. The inventory-to-sales ratio, an indication of demand, held steady at 1.30 in March from the prior month. One new piece of information was retail inventories, which were flat in March compared with a 1.5% increase in sales. The inventory-to-sales ratio in retail fell to 1.42 in March from 1.44 in February.
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