Investor's Business Daily - Inventories rose by 0.4% in June, matching views, with gains across the factory, wholesale and retail sectors. Overall sales dropped 0.3%, the biggest decline since Jan. Auto inventories jumped 1%, the largest gain since June '06. The inventory-to-sales ratio climbed to 1.27 months' worth from 1.26 in May.
Source: http://rss.news.yahoo.com
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