Topic: Recessions and Depressions
Wholesale inventories fall, restocking expected
Reuters US Online Report Business News
WASHINGTON (Reuters) - U.S. wholesale inventories fell unexpectedly in January and sales hit their highest in more than a year, suggesting businesses will soon need to begin restocking, which would support economic growth. Wholesale inventories slipped 0.2 percent after a 1 percent drop in December, the Commerce Department said ...
NC Jan. jobless rate hits record 11.1 percent
AP News
North Carolina's unemployment level hits record high at 11.1 percent for JanuaryThe recession pushed North Carolina's unemployment rate to 11.1 percent in January, a historic high, the Employment Security Commission reported Wednesday. January also marked a year that the state's jobless rate has been stuck ...
Wholesale inventories fall while sales increase
AP News
Wholesale inventories drop 0.2 pct in January while sales advance for 10th consecutive monthBusinesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves. The Commerce Department ...
Ahead of the Bell: Wholesale Inventories
AP News
Businesses likely increased inventories at the wholesale level by small amount in JanuaryBusinesses likely increased inventories by a small amount in January, responding to a strong gain in their sales. Economists surveyed by Thomson Reuters expect inventories at the wholesale level rose by 0.2 percent in January with sales ...
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