|
Post by bot on Jun 11, 2015 10:20:27 GMT -5
U.S. April business inventories up 0.4%, sales rise 0.6%
WASHINGTON (MarketWatch) -- Inventories at U.S. businesses rose 0.4% in April, the Commerce Department said Thursday. The gain was higher than the 0.2% gain expected by economists polled by MarketWatch. Business sales were up 0.6% in April, matching the gain in March. The inventory-to-sales ratio, an indication of demand, was unchanged at 1.36. One new piece of information was retail inventories, which rose 0.8% in April compared with a 0.1% increase in sales. Excluding autos, retail inventories rose 0.6%. The inventory-to-sales ratio in retail rose to 1.47 in April from 1.44 in March.
|
|