In the US business inventories +1.5% versus +1.3% estimate prior month revised to +1.3% from 1.1% retail
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In the
- US business inventories +1.5% versus +1.3% estimate
- prior month revised to +1.3% from 1.1%
- retail inventories increased +1.4%
- retail inventories prior month revised to +1.7% from +1.2%
- Sales not adjusted for price changes were up 1.0% from January 2022. Sales year on year are up 18.8% from February 2021
- the inventory to sales ratio was 1.26 in February. That is still below the 1.33 level in February 2021
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The gain was the fifth straight month of inventory rise by over 1%.
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