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Tuesday, July 15, 2014
U.S. business inventories climb 0.5% in May
Business inventories rose 0.5% in May to a seasonally adjusted $1.34 trillion, the Commerce Department said Tuesday. That matched the MarketWatch forecast. Sales advanced 0.4% in May. The ratio of inventories to sales slipped to 1.28 from 1.29 in April. In April, inventory growth was unchanged at 0.6%
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