U.S. Business Inventories Rose 0.6% in February

Date : 16/04/2018 @ 15:30
Source : Dow Jones News

U.S. Business Inventories Rose 0.6% in February

   By Eric Morath 
 

WASHINGTON--U.S. business inventories rose 0.6% in February to a seasonally adjusted $1.929 trillion, the Commerce Department said Monday.

The gain matched expectations of economists surveyed by The Wall Street Journal.

Manufacturers' inventories increased 0.3% in February from the prior month, while retail inventories rose 0.4%, and wholesale inventories increased 1%.

The data were adjusted for seasonal variations but not inflation.

Business inventories advanced 4% from a year earlier in February.

The Commerce Department's full report on manufacturing and trade inventories and sales can be accessed at: https://www.census.gov/mtis/www/data/pdf/mtis_current.pdf

Write to Eric Morath at eric.morath@wsj.com

 

(END) Dow Jones Newswires

April 16, 2018 10:15 ET (14:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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