Bulletin
Investor Alert

New York Markets After Hours

Market Pulse Archives

Feb. 14, 2020, 10:13 a.m. EST

U.S. business inventories inch up 0.1% in December

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Greg Robb

Business inventories in the U.S. rose a slight 0.1% in December after a 0.2% decline in the prior month, the Commerce Department said Friday. The gain was in line with Wall Street expectations. Sales slumped 0.1% in the month. Retailer sales were flat. The ratio of inventories to sales, meanwhile, inched up to 1.40 in December from 1.39 in the prior month. That's how many months it would take to sell all the inventory on hand. One year ago, the inventory-to-sales ratio was 1.39. A smaller gain in inventories in the fourth-quarter relative to the July-September period subtracted 1.1 percentage points from GDP growth.

This Story has 0 Comments
Be the first to comment
More News In
Economy & Politics

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.