US Wholesale Stocks Skyrocket 0.1% in February: Warehouse Surplus Reflects Booming Economy
The US Commerce Department revealed on Monday that wholesale inventories rose by 0.1% in February, while sales during the same period climbed by 0.4%. The inventory-to-sales ratio fell slightly to 1.37 months from 1.38, compared to 1.24 a year ago. This measure indicates the length of time it would take a company to sell all […]