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US wholesale inventories rise slightly

01-11-2012 14:01 BJT

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Some fresh figures out of the U.S. now. Wholesale inventory data for November showed only a slight increase versus October, climbing just one-tenths of a percent. Figures from October were also revised down. This means the U.S. economy did not get as much of a boost as expected, from companies restocking their shelves in recent months.

Orders from businesses helped keep factories busy, which in turn supports economic growth. The new data fell fourth-tenths of a percent below analysts’ expectations. And it could cause economists to scale back their growth forecasts for the fourth quarter.

The inventory-to-sales ratio, which measures inventory build-ups, held steady at 1.15. That’s a solid number right there - if it gets too high, it means businesses are not shifting enough sales which will hurt cash flows and business sentiment.

 

Editor:Zhang Rui |Source: CNTV.CN

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