(CercleFinance.com) – The Commerce Department announced on Tuesday further stagnation in US business inventories in June compared to the previous month, after stabilization (revised against +0.2% at first reading) in May.
Business sales fell 0.1% in June from May. At the rate of June, it took them 1.40 months to sell off their inventories, a stable ratio compared to that of the previous month.
Copyright © 2023 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
