US business inventories up 0.6% vs 0.4% estimate
June 12, 2014 at 10:00 AM EDT
U.S. business inventories recorded their biggest increase in six months in April and picked up excluding automobiles, supporting expectations of a sharp rebound in growth in the second quarter.. The Commerce Department said on Thursday inventories increased 0.6 percent in April after rising 0.4 percent in March.