U.S. companies on an inventory buying binge

Goods trade deficit rises; inventories increase REUTERS, SEPTEMBER 29, 2020 WASHINGTON (Reuters) – The United States’ trade deficit in goods increased in August, with imports surging as businesses rebuild inventories which were depleted early in the COVID-19 pandemic, suggesting trade could be drag on economic growth in the third quarter. Still, the widening in the … Continue reading U.S. companies on an inventory buying binge