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U.S. Business Inventories Rise 0.4% In July, Slightly More Than Expected

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Business inventories in the U.S. increased by slightly more than expected in the month of July, according to a report released by the Commerce Department on Tuesday.

The Commerce Department said business inventories climbed by 0.4 percent in July rising by 0.3 percent in June. Economists had expected business inventories to increase by another 0.3 percent.

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