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Thursday, March 13, 2014

U.S. business inventories up, sales post largest drop in 10 months | Reuters

U.S. business inventories up, sales post largest drop in 10 months
| Reuters

Business sales fell 0.9 percent in January, the largest drop since March last year. Sales had slipped 0.1 percent in December. Some of the weakness in sales could be weather- related.
At January's sales pace, it would take 1.32 months for businesses to clear shelves, up from 1.30 months in December. It was the highest inventory-to-sales ratio since October 2009.


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