business inventories

US business inventories post biggest gain in nearly four years in March

From left: Pollen’s chief of staff Tan Yang En; co-founder and CEO David Ng; and co-founder and chief product and technology officer Liyana Sulaiman.
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Inventories advanced 2.4 per cent on a year-on-year basis in August. Private inventory investment contributed to the economy’s 3.0 per cent annualised growth rate in the second quarter.

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Though many businesses are still committed to making long-term investments, uncertainty about the November presidential election and future demand has caused firms to be cautious about expansion plans.

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The Commerce Department’s Census Bureau said on Monday (Sep 9) that wholesale inventories rose 0.2 per cent, revised down from the 0.3 per cent gain estimated last month.

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The increase in inventories, a key component of gross domestic product, was in line with economists’ expectations.

US business inventories rise marginally in June

Wholesale inventories rose 0.6 per cent, as previously estimated last month.

US wholesale inventories rise in May

The rebound in inventories, a key component of gross domestic product, was in line with economists’ expectations.

US business inventories rebound in April

Retail inventories rose 0.2 per cent in March, instead of 0.3 per cent as estimated in an advance report published last month.

US business inventories fall in March