Wholesale inventories fell a substantial 1.1 percent in October, the most since late 2001 following the September 11 attacks and dot-com slowdown. Sales by wholesalers dropped a record 4.1%. This points to lower production levels in 2009 and businesses trying to realign inventories to match lowered consumer spending.
Wholesale news
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on December 12, 2008 12:06 PM.
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