(CercleFinance.com) – The Commerce Department announces a 0.1% decline in US business inventories in October 2023 compared to the previous month, after an increase of 0.2% (revised from an estimate of 0.4 % at first reading) in September.
Sales of companies in the United States contracted by 1% in October compared to the previous month. At the October rate, it took them 1.37 months to sell their stocks, compared to 1.36 months a month earlier.
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