US business inventories for July 2020
- Business inventories for July 0.1% vs. 0.1% estimate
- Prior month came in at -1.1%
- Inventory to sales ratio 1.33 months vs. 1.37 months prior
- Business sales rise 3.2% vs. 8.6% last month (revised from 8.4%)
- Retail inventories ex auto's unrevised at 0.6%
