Business inventories in the U.S. saw a modest rebound in the month of April, the Commerce Department revealed in a report released on Thursday.The report said business inventories rose by 0.2 percent in April after slipping by a downwardly revised 0.2 percent in March.Economists had expected business inventories to edge up by 0.2 percent compared to the 0.1 percent dip originally reported for the ...
For comments and feedback contact: editorial@rttnews.com
Business News
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.