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Tuesday, November 16, 2021

Business inventories rise more than expected in September

  • September Business Inventories: +0.7% M/M to $2,101.8B vs. +0.6% consensus and +0.8% prior (revised from +0.6%).
  • Sales: +0.9% M/M to $1,669.7B.
  • Inventories/sales ratio 1.26 at the end of September, unchanged vs. the end of August.

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