Business Inventories increased by 0.9% in January to $1,453.1 billion, higher than the consensus estimate of a 0.8% increase. Business inventories had increased by 1.1% in December, and currently stand 9.1% more than January 2010 levels. The inventories/sales ratio was 1.23 at the end of January, compared to 1.25 recorded a year ago.
Upcoming Releases
Net Foreign Purchases (03/15 at 9:00 AM EST)
FOMC Policy Statement (03/15 at 2:15 PM EST)
PPI (03/16 at 8.30 AM EST)
Housing Starts (03/16 at 8:30 AM EST)
