A report released by the Commerce Department on Tuesday showed a modest decrease in business inventories in the U.S. in the month of January.The Commerce Department said business inventories edged down by 0.1 percent in January after coming in unchanged in December. The slight drop in inventories matched economist estimates.The modest decrease in business inventories was partly due to a continued ...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.