80.3 F
San Fernando
Friday, Jan 27, 2023
-Advertisement-

Wholesale inventories plunge by most in 16 years

WASHINGTON — The government says wholesalers cut back on their inventories in December by the largest amount in 16 years, as companies slashed stockpiles amid the deepening recession. The reduction means wholesalers ordered fewer new goods, leading to reduced production and potentially more job layoffs. For the full story click here

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-