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Companies in U.S. Kept Inventories Lean in June as Sales Rose

Bloomberg Businessweek (08/13/13) Lorraine Woellert

Inventories at U.S. companies largely held steady in June as sales improved, signaling manufacturers will be growing orders. Stockpiles held at about $1.66 billion after declining 0.1% in May, according to the U.S. Department of Commerce. A Bloomberg survey had forecast a 0.2% increase. Sales increased 0.2% in June.