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Friday, October 16, 2020

August business inventories +0.3%

 August Business Inventories: +0.3% to $1,919.2B vs. +0.4% consensus and +0.1% prior.

Sales +0.6% to $1,452.4B (M/M)

Inventory/Sales ratio 1.32.

Previously: July business inventories edge up, as expected (Sept. 16)

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