US wholesale stockpiles grew 03 per cent in March smallest gain in

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email US wholesale stockpiles grew 0.3 per cent in March, smallest gain in 4 months by News Staff Posted May 9, 2012 10:17 am MDT WASHINGTON – U.S. wholesalers increased their stockpiles more slowly in March after seeing less growth in sales.The Commerce Department says wholesale stockpiles increased 0.3 per cent in March, just one-third of the 0.9 per cent rise in February. Sales in March were up 0.5 per cent, about half the 1.1 per cent sales gain in February.Weaker stockpile growth means businesses aren’t stepping up orders for goods. That typically means less growth in factory production and slower economic growth.While restocking has been growing more slowly this year, the steady gains have pushed wholesale stockpiles to $480.4 billion. That’s up 25.3 per cent from the low-point hit in September 2009.

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