Inventories Rise and so do sales

Written September 10, 2010 at 10:02 AM EST by  

Sales rose by 0.6% but Inventories rose by a greater 1.3%. As a result, the Inventory to Sales ratio moved higher.

Higher inventories are good for GDP. The good news is businesses are stocking up. The potential bad news is will sales gobble up those inventories in the future.

The markets are quiet. London and Europe close the next event.

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