USA: business inventories up 0.4% in February

(CercleFinance.com) - The Commerce Department reported a 0.
4% rise in US business inventories in February compared with the previous month, following stability in January (confirmed compared with the initial estimate).

US business sales climbed by 1.6% sequentially in February. At the rate for the second month of 2024, it took them 1.38 months to clear their inventories, compared with 1.39 months the previous month.

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