U.S. business inventories unchanged for second successive month in March

Business inventories in the U.S. stayed flat for the second straight month in March, while retail inventories decreased and wholesale inventories rose, the Commerce Department reported on Monday. The report showed that business inventories missed economists' forecast of a 0.3% gain, when it stayed unchanged, while retail inventories dropped 0.5% and wholesale inventories added 0.4% in March.