WASHINGTON (MarketWatch) - Wholesale inventories in the U.S. fell 0.1% in March, the government said Thursday. Sales jumped 2.3% in the month. The ratio of...
WASHINGTON - Wholesale inventories in the U.S. fell 0.1% in March, the government said Thursday. Sales jumped 2.3% in the month. The ratio of inventories to sales dropped to 1.32 to 1.35. That's how many months it would take to sell all the inventory on hand. One year, ago the ratio stood at 1.29, when the economy was somewhat stronger. The increase in wholesale inventories in February, meanwhile, was revised up to 0.4% from 0.2%.
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