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Reply #23: U.S. Sept. business inventories up 0.1% [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-12-04 10:07 AM
Response to Reply #3
23. U.S. Sept. business inventories up 0.1%
10:00am 11/12/04 U.S. SEPT. BUSINESS INVENTORIES UP 0.1% V FORECAST 0.5%

10:00am 11/12/04 U.S. SEPT. BUSINESS SALES UP 0.3%

10:00am 11/12/04 U.S. SEPT. INVENTORY-TO-SALES RATIO REMAINS AT 1.32

http://cbs.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38303.4167702431-826546951&siteID=mktw&scid=0&doctype=806&

WASHINGTON (CBS.MW) -- Inventories at U.S. businesses rose 0.1 percent in September, below expectations and slower than the 0.3 percent increase in sales, the Commerce Department said Friday. The inventory-to-sales ratio, an indication of demand, remained at 1.32 for the third consecutive month. Economists had been expecting the nation's inventories to rise 0.5 percent in September, according to a survey conducted by CBS MarketWatch.
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