FX & CFD trading involves significant risk
The U.S. Commerce Department released the business inventories data on Friday. The U.S. business inventories rose by 0.3 percent in September, in line with expectations, after a 0.1% gain in August. August's figure was revised down from a 0.2% increase.
Business sales were flat in September.
Sales by manufacturers rose 0.1%, while sales by wholesalers were up 0.6%.
The business inventories/sales ratio remained unchanged at 1.30 months in September. The business inventories /sales ratio is a measure of how long it would take to clear shelves.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.