Business inventories in the U.S. increased by more than expected in the month of May, according to a report released by the Commerce Department on Tuesday.
The Commerce Department said business inventories climbed by 0.5 percent in May after rising by 0.3 percent in April. Economists had expected business inventories to grow by another 0.3 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.