Skip to main content
Advertising

Originally published Friday, February 8, 2013 at 2:41 PM

  • Share:
             
  • Comments (0)
  • Print

News Summary: US wholesale stockpiles dip 0.1 pct.

STOCKPILES DIP: U.S. wholesalers cut their stockpiles 0.1 percent in December after a 0.4 percent gain in November. The decline suggests businesses were cautious at the end of a weak quarter.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

STOCKPILES DIP: U.S. wholesalers cut their stockpiles 0.1 percent in December after a 0.4 percent gain in November. The decline suggests businesses were cautious at the end of a weak quarter.

SALES COOL OFF: Wholesale business sales stayed level in December. That followed a 2.2 percent increase in November, the largest in nearly two years.

DRAG ON GROWTH: Less restocking reduces factory production, which slows economic growth. A big decline in restocking was a major reason the government estimated last week that the economy shrank in the October-December quarter.

News where, when and how you want it

Email Icon


Advertising