US DATA: March business inventories +1.0%, slightly..

US DATA: March business inventories +1.0%, slightly above +0.9% expected
as retail inv +0.9%. Retail mtr veh inv +1.2% when sales declined,
retail inv ex. mtr veh +0.8% on gains in every category. Total business
inventories ex. retail auto still +1.0%. Business sales +2.2% in March,
putting the March inv/sales ratio at a record low 1.23 vs 1.24 in Feb.
The data incl the retail annual revisions released on April 29.