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December Wholesale Inventories Cut 0.8 Percent


Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected. (File)
Source: WBZ

Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected and a troubling sign that companies are still too pessimistic about the economy to begin restocking shelves on a sustained basis. Economists believe that the country won't be in a sustained recovery until businesses begin restocking their depleted shelves which will mean higher orders to factories and increased demand for manufacturing workers.


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December Wholesale Inventories Cut 0.8 Percent


Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected. (File)
Source: WBZ

Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected and a troubling sign that companies are still too pessimistic about the economy to begin restocking shelves on a sustained basis. Economists believe that the country won't be in a sustained recovery until businesses begin restocking their depleted shelves which will mean higher orders to factories and increased demand for manufacturing workers.


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