In a sign that holiday sales season will be better than initially expected, business inventories rose 0.9% in September as companies re-stocked their shelves for the nation’s busiest shopping period. The increase also suggests that third-quarter U.S. GDP growth figures may be revised upward.
Continue reading Business Inventories Rise 0.9%, Suggesting Stronger Growth Ahead
Business Inventories Rise 0.9%, Suggesting Stronger Growth Ahead originally appeared on DailyFinance on Mon, 15 Nov 2010 11:40:00.
Filed Under: Economy