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U.S. business inventories flat in March
The Commerce Department reported on Wednesday that
business inventories were flat m-o-m in March, following an unrevised 0.3
percent m-o-m increase in February.
That was in line with economists’ forecast.
According to the report, inventories at manufacturers rose 0.4 percent m-o-m in March, while stocks at retailers and wholesalers dropped by a respective 0.3 percent m-o-m and 0.1 percent m-o-m.
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