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July 2020 total business inventories/sales ratio was 1.33. The July 2019 ratio was 1.39. #Census 

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U.S. business inventories post first gain this year

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July 2020 total #business_inventories  were $1,914.3b (seasonally adjusted), up 0.1% from June 2020, but down 5.9% from July 2019 #Census 

U.S. Business Inventories Inch Up In Line With Estimates In July: A report released by the Commerce Department on Wednesday showed a modest increase in U.S. business inventories in the month of July. The Commerce Department said business… RTTNews

U.S. business inventories post first gain this year INVESTINGcom

United States Business Inventories meets forecasts (0.1%) in July

U.S. business inventories edge up 0.1% in July

US business inventories for July 0.1%vs. 0.1% estimate

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The U.S. economy collapsed at a record -32.9% pace in 2q (April-June), the govt. says. Deep plunges in consumer spending (70% of U.S. economy); exports, inventories, business investment and spending by state and local governments

U.S. business inventories drop more than expected

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GDP WATCH: U.S. 2nd-quarter growth slows to 2.1% from 3.1%. A mixed bag. Consumer spending surges 4.3%, but business fixed investment posts biggest drop in 3 ½ years. Falling inventories (-44.3B) and wider trade deficit are also big drags.

US consumers save Trump: US economy expanded at 4.1% pace in 2Q, less than expected 4.2%. This quarter, consumption was basically growth: it added 4ppts to growth of 4.1%. Net exports contributed 1.06ppt to GDP, most since 4Q 2013. Change in business inventories subtracted 1 ppt.

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Over half the whopping 3.2% GDP figure due to surge in inventories and slower trade. Imports fell. Consumer spending and business investment slowed to a crawl. Federal government flatlined in wake of gov shutdown.

Mar. retail sales unexpectedly fell & Feb. business inventories fell for the 2nd consecutive month. It's not fiction, the recession is real!

Today's figures on plunging retail sales & soaring business inventories scream recession. Is anyone at the Fed or on Wall Street listening?

Sept. business inventories unexpectedly jumped by .3%. The 1.38 inventory-to-sales ratio is now the highest since the financial crisis!

Ratio of business inventories to sales inches up to 1.38, the highest since 2009

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