Eye on busi­ness

Chattanooga Times Free Press - - BUSINESS -

The Com­merce De­part­ment re­leases its monthly tally of U.S. busi­ness in­ven­to­ries to­day.

Af­ter ris­ing 0.5 per­cent in June, busi­ness stock­piles in­creased at a slower 0.2 per­cent pace in July. Econ­o­mists ex­pect that the lat­est data will show in­ven­to­ries grew in Au­gust by 0.6 per­cent. When busi­nesses in­crease stock­piles, it is gen­er­ally seen as a sign of con­fi­dence that sales will in­crease in the com­ing months.

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