Thursday, July 14, 2011

Inventories rise, good for Q2 but?

May Business Inventories rose 1%, a touch above estimates of a gain of .9% and April was revised higher to also a 1% gain. Because sales fell by .1%, the inventory to sales ratio rose to 1.28 from 1.27, the highest since Dec. The gain in inventory was particularly felt at the wholesale level where [...]

Brittany Daniel Kate Moss Zhang Ziyi Nikki Reed Natasha Bedingfield

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