Inventories rise, sales fall for second straight month
January 22, 2001,
In one more sign of a softening economy, stockpiles at U.S. companies climbed higher in November, even as sales dropped off for the second month in a row, the Commerce Department reported.
It was the second straight month of falling sales and rising inventories. In October, inventories climbed even more briskly, by 0.7 percent, as sales declined by 0.5 percent as the U.S. economy began to slow down.
Related Content By Author
Vegas Performing with PureCare's Lonnie Scheps