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The US Commerce Department released the business inventories data on Wednesday. The U.S. business inventories rose by 0.2 percent in August, after a 0.4% in July. That was the smallest increase since June 2013.
Analysts had expected a 0.4% increase.
Business sales dropped by 0.4% in August.
Sales by manufacturers decreased by 1.0%, while sales by wholesalers fell by 0.7%.
The business inventories/sales ratio remained unchanged at 1.29 months in August. The business inventories /sales ratio is a measure of how long it would take to clear shelves.
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