A report released by the Commerce Department on Tuesday showed business inventories in the U.S. increased by more than expected in the month of February.
The Commerce Department said business inventories climbed by 0.4 percent in February following a revised unchanged reading in January.
Economists had expected business inventories to rise by 0.2 percent compared to the 0.1 percent dip originally reported for the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.