Stronger retail sales prompted businesses to restock shelves and warehouses, and inventories rose 1% in July as a result. The gain should help ease concerns that inadequate sales will slow the U.S. economic recovery.
Continue reading Business Inventories Climbed in July, Easing Double-Dip Concerns
Business Inventories Climbed in July, Easing Double-Dip Concerns originally appeared on DailyFinance on Tue, 14 Sep 2010 11:20:00.
Filed Under: Economy