Largely reflecting a jump in retail inventories, the Commerce Department released a report on Wednesday showing U.S. business inventories increased by slightly more than expected in the month of December.
The Commerce Department said business inventories climbed by 0.6 percent in December after rising by 0.5 percent in November. Economists had expected another 0.5 percent increase.
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Forex News
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.