News Summary: US wholesalers increase stockpiles

Print
Font Size:
Default font size
Larger font size

Posted: Tuesday, June 11, 2013 12:00 am

(AP) - STOCKPILES UP: U.S. wholesalers increased their stockpiles 0.2 percent in April after 0.3 percent rise in March.

SALES REBOUND: Sales at the wholesale level rose 0.5 percent in April, the best showing since February. Sales had plunged 1.4 percent in March.

OUTLOOK: An increase in restocking can drive more economic growth. It means companies are ordering more goods from U.S. factories. Faster restocking helped the economy grow at a 2.4 percent annual rate in the January-March quarter.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


loading...

SPOTLIGHT »

Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail announcements@owh.com.

World-Herald Alerts

Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.