March 10, 2008
Jan. Good To U.S. Wholesalers
By Matthew L. Brown
According to the U.S. Department of Commerce , American wholesalers sold at their fastest pace since March 2004 in January.
Sales rose 2.7 percent in January and inventories grew by 0.8 percent. The department's inventory-to-sales ratio fell to 1.07, a record low that indicates the increased sales allowed wholesalers to trim inventories.
Sales rose 2.7 percent in January and inventories grew by 0.8 percent. The department's inventory-to-sales ratio fell to 1.07, a record low that indicates the increased sales allowed wholesalers to trim inventories.
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