UPDATE 1-U.S. commercial paper supply at lowest level since February

May 14, 2015 2:35 PM

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NEW YORK May 14 (Reuters) - The amount of U.S. commercial paper outstanding fell below $1 trillion to its lowest level since mid-February, suggesting weaker corporate demand to finance payrolls and inventories, Federal Reserve data showed on Thursday.

Recent economic data showed domestic business activity has remained sluggish due to weak global demand.

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