Business inventories up in December

[admin]

Business inventories up in December
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) -- Business inventories edged up 0.1% in December to a seasonally adjusted $1.62 trillion, the Commerce Department said Wednesday. That's a 5.1% gain compared to Dec. 2011, and the ratio of inventories to sales was 1.27, down from 1.28 in November. November's inventories growth was lowered to 0.2% growth from a 0.3% gain.