August business inv +0.7%, as expected by...>

US DATA: August business inv +0.7%, as expected by analysts and an MNI 

calculation based on the source data, with retail inv +0.7%, unrev from 

the advance estimate. Wholesale inv already reported +0.9% and factory 

inv +0.4%. Total business inv ex retail auto +0.6%; retail inv ex auto 

+0.4%, unrev from the advance estimate, while retail auto inv rev up to 

+1.3% from +1.2% in the advance estimate. Other retail inv components 

were generally higher, but inventories at clothing stores and general 

merchandise stores were flat. The unpublished retail inv components were 

+0.7% based on an MNI calculation, following -0.2% in July. Business 

sales +0.7%, with retail trade sales -0.1%, wholesale sales +1.7%, 

factory shipments +0.5%. Inv/sales ratio 1.38 vs 1.38 in July, down from 

1.40 a year ago. See MNI main wire.