U.S. businesses increase inventories by 0.4 percent

By MARTIN CRUTSINGER, AP Economics Writer Published: April 15, 2014
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U.S. businesses boosted their stockpiles in February as sales rebounded by the largest amount in nine months.

Stockpiles increased 0.4 percent in February, following a similar 0.4 percent increase in January, the Commerce Department reported Monday. Sales rose 0.8 percent in February, bouncing back after a 1.1 percent sales decline in January that was blamed on the harsh weather that month. It was the biggest one-month sales gain since last May.

A separate report showed a surge in sales at the retail level in March.

The report covers manufacturing, wholesaling and retailing. Manufacturers’ inventories rose the most in February.

Associated Press



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