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2010.11.1510:15:00UTC+00U.S. Business Inventories Rise In Line With Estimates In September

Business inventories in the U.S. increased in line with economist estimates in the month of September, the Commerce Department revealed in a report released on Monday, with the report also showing a modest increase in business sales.

The report showed that business inventories increased by 0.9 percent in September, matching the revised increase seen in August. The increase in inventories matched economists' expectations, while the growth in the previous month was upwardly revised from 0.6 percent.

Additionally, the Commerce Department said that business sales rose by 0.5 percent in September following a 0.3 percent increase in August.

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