Partly reflecting a jump in retail inventories, the Commerce Department released a report on Tuesday showing U.S. business inventories increased by more than expected in the month of September.
The report said business inventories climbed by 0.7 percent in September after rising by 0.3 percent in August. Economists had expected inventories to increase by 0.5 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.