Businesses' Inventories, July Sales Up
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Businesses saw inventories rise in July as sales picked up, the government reported Wednesday.
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U.S. manufacturing grew a bit more rapidly in May as factory managers restocked depleted inventories, according to a survey published on Friday.
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New orders for long-lasting U.S.-made manufactured goods surged a much bigger-than-expected 5.9 percent in July, the biggest gain since September.
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New orders for long-lasting  U.S.-made manufactured goods surged a much bigger-than-expected  5.9 percent in July, the biggest gain since September, and a  business investment gauge posted the first gain in three  months, a Commerce Department report showed on Friday.
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Oil prices rose Friday after the U.S. government reported sales of durable goods and new homes rose in July, suggesting the economy may not be slowing as much as investors feared.
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U.S. business inventories grew by  more than expected in July and the previous month was revised  higher, government data showed on Wednesday, delivering the  strongest two-month performance in nearly five years.
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Sales of new homes unexpectedly rose  2.8 percent to an 870,000 annual sales pace in July, reversing  two months of declines, and inventories eased, a Commerce  Department report showed on Friday.
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U.S. business inventories rose  slightly more than expected in November while sales growth  eased, Commerce Department data showed on Friday.
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Stocks climbed on Friday as an unexpected rise in July new home sales calmed worries about the housing market slump, helping investors put aside fears about a recession.
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U.S. chain store sales rose in the  fourth week of July, boosted by some back to school related  buying and summer clearance sales, a report said on Tuesday.
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Inventories at U.S. wholesalers rose  a larger-than-expected 0.8 percent in October led by autos,  machinery and computer equipment, while sales fell 0.5 percent,  the government said on Monday.
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The nation's factories cranked out more products in July, miners dug more minerals and builders broke ground on more homes, the government said yesterday in three reports that showed some rebound in economic activity last month.
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Orders for U.S. durable goods posted  a larger-than-expected rise in July, but new home sales showed  signs of buckling under the weight of higher interest rates,  two government reports showed on Wednesday.
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The nation&#39;s factories cranked out more products in July, miners dug more minerals and builders broke ground on more homes, the government said yesterday in three reports that showed some rebound in economic activity last month.
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Manufacturing output has climbed by 0.2 percent in July compared with the previous month.
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Retail sales rose more than twice as much as expected in May, while import prices surged, adding to recent data suggesting the U.S. economy is recovering strongly after a slowdown in the first quarter.
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Still, July&#39;s sales pace is the third-best ever, and far ahead of the rate at the same time last year. By Associated Press. WASHINGTON - Sales of previously owned homes declined in July but still posted their