Business inventories
US business inventories rose 0.2%
  • Prior month -0.1%
  • Business inventories for April 0.2% versus 0.2% expected. This is 1st positive number for this year
  • Retail inventories -0.2% versus -0.1% last month
  • inventory to sales ratio 1.4 months unchanged from March
  • business sales +0.1% versus March -1.5% (revised from -1.1%)

Building inventories adds to GDP