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3/11/2014 10:05:00 AM Write a Letter to the Editor Write a letter to the Editor

Wholesale Inventories Rise 0.6% in January


Daniel Acker/Bloomberg News

Wholesale inventories rose 0.6% in January but sales declined, the Commerce Department reported March 11.

Sales declined 1.9% in January, the largest drop since March 2009 when the economy was in recession. The rise in inventories followed a 0.3% increase in December.

The heavy snowfall in January caused shoppers to stay at home, and retail sales declined 0.4% that month, the Associated Press reported.

Wholesale inventories account for about one-fourth of total business stockpiles. Retailers and factories account for the rest.

By Transport Topics

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