US Dec Business Inventories decreases to 0.1% vs 0.2% (Nov)

Feb 13, 2013

American equity markets edge higher Wednesday

The US Stock market experienced a positive opening Wednesday following the release of economic data in the US. In the United States, Retail Sales (MoM) rose +0.1% in January, against expectations of +0.1% and down from +0.5% previously. In addition, Retail Sales ex Autos (MoM) reported a figure of +0.2% in January, exceeding a consensus of only +0.1%.

US: Business Inventories rose +0.1% in December

In December, Business Inventories in the US have risen +0.1%, coming below the expected rise of 0.3%. November data was revised lower, from +0.3% to +0.2%.