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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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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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