April 14, 2010
Feb. Inventories Up Most Since 2008
By Matthew L. Brown
Businesses increased inventories by 0.5 percent in February, the second consecutive month of gains and the greatest increase in inventories since July 2008, according to the U.S. Census Bureau.
Despite the month-to-month gain, inventories were down 6.7 percent compared to February 2009.
Inventories increased by 0.2 percent in January.
Businesses cut inventories to a minimum during the recession in response to slow sales.
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