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Earnings: Companies continue to build inventories in Q3

Yahoo Finance's Brian Sozzi breaks down the stat of the day on inventories reported by 60 companies so far in Q3.

Video Transcript

[AUDIO LOGO]

BRIAN SOZZI: All right, while still early, of the more than 60 companies with inventories that have reported earnings, they, on average, saw a 21% year-over-year increase in those inventories in the third quarter, says FactSet. That is an acceleration from the 18% increase in the second quarter fueled in part by the global economic slowdown.