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Business Inventories December 2008

 
 
 
 
 
IBTimes

by IBTimes

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Business inventories declined for the fourth consecutive month in December. The inventory-to-sales ratio continued to climb as sales continue to fall faster than business owners can cut production, providing further evidence of a tough fourth quarter for businesses. We look for the change in inventories to be a drag on first quarter GDP.

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02/12/2009
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