U.S. business inventories rise, will support Q4 GDP

U.S. business inventories rose in November, suggesting restocking would be a boost to economic growth in the fourth quarter instead of being a drag as was previously feared. The Commerce Department said on Tuesday inventories increased 0.4 percent after rising 0.8 percent in October. Economist…

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U.S. business inventories rise, will support Q4 GDP

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