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U.S. business inventories up 0.8 percent

WASHINGTON, July 14 (UPI) -- U.S. manufacturers' and trade inventories rose 0.8 percent in May to $1.324 trillion, the Commerce Department reported Friday.

The department also said June's inventories were up 5.1 percent from May 2005.

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Manufacturers' sales were up 1.4 percent from April's level to $1.057 trillion, and 8.8 percent higher than the May 2005 level.

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