U.S. Wholesale Inventories Rose 0.5 Percent in May
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Inventories of unsold goods where up in May, while separate data showed consumers cut back on spending amid higher gasoline prices and continued troubles in the housing market.
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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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Businesses saw inventories rise in July and sales picked up, the government reported Wednesday. The Commerce Department said that stocks of unsold goods increased 0.9% in July, down from a 1.1% rise in June.
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Investor's Business Daily - Stocks of unsold goods rose 0.5% to in May as inventories of autos, metals, electrical supplies and other goods climbed, the gov&#39;t said. Sales rose 1.3% after April&#39;s 1.5% gain. The inventory-to-sales ratio, a gauge of how long it would take to deplete stocks at the current pace, fell to a record low of 1.11 months.
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Inventories at wholesalers rose more than forecast in November and sales increased, reflecting rising prices for oil and farm products.
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Inventories at U.S. wholesalers  climbed a steeper-than-expected 1.1 percent in November as  stocks increased across a wide variety of categories, including  cars and computers, a government report showed on Monday.
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Inventories at U.S. wholesalers rose   by a slightly larger-than-expected 0.8 percent in July on   bigger stockpiles of autos and electrical equipment, a Commerce   Department report on Thursday showed.
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The number of Americans submitting  new claims for jobless aid dropped 9,000 last week, while  stockpiles of wholesale durable goods rose for the 35th  straight month, government data released on Thursday showed.
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Wal-Mart Stores Inc.  on  Thursday reported a 1.1 percent rise in sales at U.S. stores  open at least a year in May, excluding fuel.
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NEW YORK -- The nation's manufacturing sector extended its growth streak to a fourth consecutive month in May, overcoming worries about inflation, soaring gas prices and the economy's slowing growth, a research group said Friday.
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WASHINGTON -- Orders to U.S. factories for big-ticket manufactured goods posted a moderate increase in April, helped by a continued rebound in business investment.
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The number of Americans filing new  claims for jobless benefits rose slightly last week, while  wholesale inventories dropped unexpectedly in December in a  good sign for future economic growth, government data showed on  Thursday.
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Inventories at U.S. wholesalers rose  0.9 percent in August, in line with expectations, as stocks of  autos, metals and computer equipment swelled, a government  report showed on Friday.
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U.S. producer prices barely edged up  in July, kept in check by lower prices for new cars and trucks  and for many food items, according to a government report on  Tuesday showing muted inflation at the wholesale level.
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Orders at U.S. factories rose 0.5  percent in October as demand for military equipment surged, the  Commerce Department said on Thursday, but orders were flat when  defense was excluded.
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Retail chains on Thursday reported  moderate May sales increases, as warmer weather fueled demand  for seasonal items, like gardening and other outdoor goods,  helping retailers rebound from their dismal April.
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Inventories at U.S. wholesalers rose a slightly-less-than-expected 0.5 percent in September as stocks of automotive goods declined, a government report showed on Tuesday.