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March business inv flat vs +0.1% expect by..>

US DATA
US DATA: March business inv flat vs +0.1% expect by analysts and an MNI 
calc. Retail inv -0.5% vs -0.4% in the advance estimate.
- Total business inv ex retail auto +0.2%; retail inv ex auto -0.1%, 
unrev from advance estimate, but auto inv -1.1% vs -1.0% in advance.
- All retail inv components were down except for building materials 
(+0.3%) and the unpublished retail inv components category (+0.2% based 
on an MNI calc).
- Business sales +0.5%. Inv/sales ratio 1.34, down from 1.35 in Feb and 
1.38 a year earlier, as sales growth sharply outpaced inventory growth.

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