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Monday, July 16, 2012

BREAKING U.S. business inventories climb 0.3% in May


U.S. business inventories climb 0.3% in May

  Inventories at U.S. businesses rose 0.3% in May, compared with a revised 0.2% decline in April, the Commerce Department said Monday. Sales of businesses fell 0.1% in May, however, while the inventory-to-sales ratio increased to 1.27 from 1.26 ij April

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