U.S. business inventories rose 0.4% in November to a seasonally adjusted $1.895 trillion, the Commerce Department said Friday.
Economists surveyed by The Wall Street Journal had expected a 0.4% gain from the prior month. It was the largest one-month gain since August.
Factory inventories rose 0.4% in November. Retail inventories were up 0.1% from October. Wholesale inventories climbed 0.8% on the month.
The data were adjusted for seasonal variations but not price changes.
Source: Dow Jones