The Commerce Department released a report on Wednesday showing little change in U.S. business inventories in the month of August.The report said business inventories came in virtually unchanged in August after climbing by a revised 0.3 percent in July. Economists had expected inventories to rise by 0.2 percent compared to the 0.4 percent increase originally reported for the previous month.Business...
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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.