US businesses boosted stockpiles 0.7 per cent in August
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WASHINGTON — U.S. businesses increased their stockpiles in August by the most in nine months, a sign of solid confidence in future demand.
The Commerce Department says business inventories increased by 0.7
Sales also grew 0.7
Economists expect that inventory growth will strengthen further in coming months and help support overall economic expansion.
August inventory gains were led by a 0.9