Businesses boosted stockpiles 0.4 percent
WASHINGTON (AP) — Companies restocked at a faster pace in December, a positive sign that they expect consumers to step up spending.
Business stockpiles grew 0.4 percent in December, the Commerce Department said Tuesday. That followed a similar gain in November. Sales rose 0.7 percent, almost double the November gain.
Companies are building up their stockpiles again after cutting them over the summer amid ...
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