Companies in U.S. Kept Inventories Lean in June as Sales Rose
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Inventories at U.S. companies were little changed in June as sales improved, signaling manufacturers will be growing orders.
Stockpiles held at around $1.66 billion after dropping 0.1 percent in May, the Commerce Department reported today in Washington. The median estimate in a Bloomberg survey projected a 0.2 percent advance. Sales rose 0.2 percent in June.