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Dec business inv +0.4%, above the +0.3% by..>

US DATA
US DATA: Dec business inv +0.4%, above the +0.3% expected by analysts 
but on target with an MNI calculation based on the previously-released 
source data. 
- Retail inv +0.2%, unrevised from the advance estimate. 
- Total business inv ex retail auto +0.5%; retail inv ex auto +0.5%, 
auto inv -0.4%.
- Other retail inv components were up, apart from a small decline 
in department stores. The unpublished retail inv components were +0.4% 
based on an MNI calc, following +0.5% in Nov. 
- Business sales +0.6%. Inv/sales ratio 1.33 unch from Nov, but down 
from 1.37 a year ago as sales growth outpaced inv growth. 

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