Oct. Business Inventories: +0.2% to $1,305B vs. -0.3% expected, and -0.4% last month. The...

|By:, SA News Editor
Oct. Business Inventories: +0.2% to $1,305B vs. -0.3% expected, and -0.4% last month. The increase reversed 12 straight declines, but inventories were down 12.6% from a year ago. Sales +1.1% to $1,004B. Inventory/sales ratio slips to 1.30 from prior 1.32, and down from a year-ago 1.37.