Inventory To Sales Ratio Builds Massive Bottom
ECONODAY: Inventories have been rising relative to sales and the build is not intentional, based on business inventories which were unchanged in both January and a revised December vs sizable declines in sales of 2.0 percent in January and 1.0 percent in December. The inventory-to-sales ratio is at 1.35 vs 1.33 in December and 1.31 in November...