- CNTV English - CCTV News

US wholesale inventories rise slightly

01-11-2012 14:01 BJT

Watch Video

Play Video

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

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program