16 November 2001, 12:42 US Business Inventories Keep Contracting
An eighth consecutive decline in U.S. business inventories of -0.5% in September
was probably not enough to stabilize the factory sector. Retail
inventories were 0.3% lower, and overall sales plunged 2.8%, showing
inventories remain lean -- but probably not lean enough for a
shell-shocked distribution system.
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