Home / All, Mkt News / US DATA: Business inv +0.6% in Aug, business sales?
US DATA: Business inv +0.6% in Aug, business sales +0.5%, inv/sales
ratio 1.28, unch from July. Retail inv +0.6%, but +0.2% ex. mtr veh.
Total business inventories ex. retail auto +0.5%. The other retail
categories were mixed in Aug: mtr veh inv +1.5%, building materials
+0.5%, clothing +0.1%, furniture +0.1%. Those offset drops in food
-0.1%, and general merchandise stores -0.1%, with dept stores -0.5%.
Other retail inv not published +0.4%, based on an MNI calc.
Source: http://www.forexlive.com/blog/2012/10/15/us-data-business-inv-0-6-in-aug-business-sales/
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