Business Inventories increased by 0.3% in June to $1,359.9 billion, higher than the consensus estimate of a 0.2% increase. Business inventories had increased by 0.2% in May, and currently stand 0.2% more than June 2009 levels. The inventories/sales ratio was 1.26 at the end of June, compared to 1.37 recorded a year ago.
Upcoming Releases
Net Foreign Purchases (08/16 at 9:00 AM EST)
PPI (08/17 at 8:30 AM EST)
Housing Starts (08/17 at 8:30 AM EST)
Industrial Production (08/17 at 9:15 AM EST)
PPI (08/17 at 8:30 AM EST)
Housing Starts (08/17 at 8:30 AM EST)
Industrial Production (08/17 at 9:15 AM EST)
