US Business Inventories for January Don't Meet Expectations

Thursday, 14 March 2024, 14:00

The latest report on US business inventories for January shows a halt in growth, with a 0.0% change compared to the expected +0.2%. This news has significant implications for market performance and investor sentiments. The data suggests potential challenges ahead for businesses and the overall economy, highlighting concerns about future growth prospects and consumer spending.
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US Business Inventories for January Don't Meet Expectations

US Business Inventories Report

The US business inventories for January revealed that there was no change in growth, contrary to the expected increase of +0.2%. This news comes following the prior positive trend of +0.4%.

Retail Inventories

Retail inventories also showed stagnation, with no growth at +0.3% compared to the previous reading.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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