• Font Size    

December Wholesale Inventories Cut 0.8 Percent


Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected. (File)
Source: WBZ

Businesses slashed wholesale inventories sharply in December, a much weaker showing than expected and a troubling sign that companies are still too pessimistic about the economy to begin restocking shelves on a sustained basis. Economists believe that the country won't be in a sustained recovery until businesses begin restocking their depleted shelves which will mean higher orders to factories and increased demand for manufacturing workers.


Archive

Dig Deeper Into cbs2chicago.com

 Logo CNET and CNET.com, from CBS Interactive

CNET Reports

Find out all the exciting possibilities of how technology can make your life better, with reports from CNET. You can see CNET reports weekly on the CBS 2 Morning News, and log onto CNET.com to learn more.


no image

Good Housekeeping Reports

The reports offer Good Housekeeping Institute product testing, consumer advice, health and diet news and parenting advice.
More

no image

Get Breaking News Alerts From CBS 2

Sign up to receive breaking news alerts from cbs2chicago.com in your email box or on your wireless device.
More

Featured Advertisers

From Our Partners

House Hunting

House Hunting

Your guide to getting the home that's right for you:

Finding It
How much can you afford? What kind of agent is right for you?

Buying It
Finding the right lender and what to expect on closing day.

Making It Right
Managing renovations, contractors and maintenance.

Take It and Run
Tips and worksheets for making it happen

You need the latest Flash player to view video content.
Click here to download.

Click here to bypass this detection if you already have the latest Flash Player.

Rates

Financial Calculators

Deep in credit debt? Looking to refinance? Trying to meet an investment goal?
Get help from our easy to use calculators

Gas Prices

Cars and Driving

Driving Today

Hosted by Jack Nerad, Driving Today is built for the driving enthusiast:

America on the Road
An hour-long weekly radio show that brings you the latest news, interviews and question and answer sessions

Greatest Cars
A look at the greatest cars of all time.

XML/RSS Feeds