The 0.7% increase in business inventories in October was less than expected, but it still represents the ninth straight monthly rise. The best news: Sales are rising at a slightly faster pace than inventories, so more growth via restocking is likely.
Continue reading October’s Business Inventory Rise Shows Continued Confidence in Recovery
October’s Business Inventory Rise Shows Continued Confidence in Recovery originally appeared on DailyFinance on Tue, 14 Dec 2010 12:20:00.
Filed Under: Economy