Business Inventories Rise 0.7% In January Reflecting Growing Optimism – ValueWalk Premium

Business Inventories Rise 0.7% In January Reflecting Growing Optimism

Business inventory figure were released today for the month of January. The figure showed a rise in inventories of 0.7%%. Analysts had forecast an increase of 0.6% in stocks. The figured had increased by 0.3% and 0.4% for November and December respectively. A general increase in the total business inventories is a sign that the economy is improving, inventories are required to be . . .

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