Business inventories showed another notable decrease in the month of March, according to a report released by the Commerce Department on Wednesday, with the drop in inventories coming roughly in line with economist estimates.

The report showed that business inventories fell 1.0 percent in March following a revised 1.4 percent decrease in February. Economists had been expecting inventories to fall by 1.1 percent compared to the 1.3 percent drop originally reported for the previous month.

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