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The Boston Globe

Business

Business inventories gain at slower pace

WASHINGTON — Inventories in the United States rose at a slower pace in August, indicating that unexpected strength in sales may be starting to drain stockpiles.

The 0.6 percent increase in goods on hand followed a 0.8 percent gain in July, Commerce Department data showed Monday in Washington. Sales at factories, wholesalers, and retailers climbed 0.5 percent after advancing 0.9 percent the prior month.

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