U.S. manufacturers and trade inventories in Sept. this year kept flat from the previous month, after businesses increased their stockpiles for a 20th consecutive month, the Department of Commerce said in a report on Tuesday. The Sept. inventory figure of 1.533 trillion U.S. dollars also represented a 9 percent increase from a year earlier, said the department. The total business inventories-to-sales ratio, a figure measures the time span of the inventories being sold, dropped 0.1 percentage point from Aug. to 1.28 by the end of September, lower than the level of 1.30 one year ago, noted the report. It is normally interpreted as a positive sign of economy when businesses increase their inventories, but some economists held that businesses might slash inventories in the near future if the economic growth pace slows.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor