Business inventories in January came in at $2.59 trillion, up 0.3% from the month prior and up 2.3% from a year ago, the Commerce Department said. Trade sales and manufacturers’ shipments were $1.9 trillion, down 0.8% from the month prior but up 3.5% from a year ago.
Beige Book: Economic activity ticked up in May, June
Economic activity increased at a slight to moderate pace in eleven of twelve Federal Reserve districts in late May and June, while one district reported no change, the Fed said in its fifth Beige Book report of the...









