WASHINGTON (MarketWatch)
U.S. wholesale inventories gained 0.6% to a
seasonally adjusted $483.5 billion in April, the Commerce Department reported
Friday
That's a gain of 8.2% from year-ago levels, while March's estimate was
marginally revised higher by $0.1 billion
The ratio of inventories to sales
grew to 1.17 from 1.15
Rising inventories are generally considered a positive
signal, as it shows businesses stocking items in anticipation of demand
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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