Business inventories fell by a seasonally adjusted 0.2 percent in April, following March's gain of 0.2 percent, the Commerce Department said Wednesday.
Stanley Black & Decker’s signs finally are coming down at the Best Access Solutions building at 75th Street and Binford Boulevard after a big acquisition in February by Dormakaba Group.
Orders increased 2.1 percent following seven monthly declines, the Commerce Department reported Monday. In further good news, orders in a key category that tracks business investment plans eked out a 0.1-percent rise.
Businesses slashed spending on machinery and equipment in January after a tax break expired, pushing orders for long-lasting manufacturing goods down by the largest amount in three years.
Total business sales rose 2.3 percent, the best showing in four months and the sixth straight gain in sales.