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U.S. Business Inventories Increase Less Than Expected In July

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  • U.S. Business Inventories Increase Less Than Expected In July

    A report released by the Commerce Department on Thursday showed U.S. business inventories increased by less than expected in the month of July. The Commerce Department said business inventories rose by 0.6 percent in July after surging by 1.4 percent in June. Economists had expected business inventories to climb by 0.8 percent.

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