Business inventories were up 0.1% and sales levels rose 1.0% in March, according to Commerce Department data released yesterday.

Business inventories rose to $1.465 billion following a downwardly revised 0.5% gain in February, originally reported as a 0.6% rise. IFR Markets had projected that business inventories would be up 0.5% in the month. Overall inventories were 5.2% above the March 2007 level, according to Commerce.

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