India, Oct. 15 -- Business inventories in the U.S. increased in line with economist estimates in the month of August, according to a report released by the Commerce Department on Thursday.
The Commerce Department said business inventories rose by 0.4 percent in August after climbing by an upwardly revised 0.9 percent in July.
Economists had expected business inventories to rise by 0.4 percent compared to the 0.8 percent increase originally reported for the previous month.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....