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    US wholesale inventory surged 2.3% in October

    US inventory (waiting for sale) levels rose 2.3% in October as companies tried to secure inventory before the holidays. Companies are struggling to keep their inventories handy because of strong sales at US ports and a significant delay in keeping goods from reaching where they are needed. The delay may continue for some time to come. That month’s sales increased 2.2%. The inventory-to-sales ratio soared from 1.22 to 1.31. This ratio reflects the time it takes a company to sell all the goods on the shelves in the warehouse. The October increase indicates that the company has increased its inventories to some extent.

    US wholesale inventory surged 2.3% in October

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    The post US wholesale inventory surged 2.3% in October appeared first on Eminetra.

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