WASHINGTON - -- U.S. wholesale businesses restocked faster in April, responding to a strong gain in sales.
The Commerce Department says stockpiles grew 0.6 percent at the wholesale level in April, double the March gain. Sales by wholesale businesses jumped 1.1 percent in April, nearly three times the March sales gain.
When businesses step up restocking, they order more goods. That generally leads to increased factory production and higher economic growth.
Stockpiles at the wholesale level stood at $483.5 billion in April. That's 25.6 percent above the post-recession low of $384.9 billion in September 2009.
Ahead of the Bell: Wholesale Inventories - Yahoo Finance
WASHINGTON (AP) -- Businesses likely slowed their restocking of store shelves this year following a big jump in inventory building at the end of last year.
The Commerce Department will report on inventories for April on Friday at 10 a.m. Eastern time. Many economists were looking for another modest gain with analysts forecasting that sales at the wholesale level rose 0.4 percent, according to a survey by FactSet.
Businesses order more goods when they increase their stockpiles. That typically leads to more factory production and economic growth.
It would have taken roughly five weeks to exhaust all wholesale stockpiles at the March sales pace. That's considered a healthy time frame and suggests businesses will keep restocking to meet demand.
Inventories are expected to keep growing this year, though probably nowhere near the level seen at the end of last year.
Many businesses cut back on restocking last summer fearing that the economy was on the verge of another recession. When it became clear that it wasn't, they raced to rebuild stockpiles and keep pace with consumer demand.
In the first three months of this year, the economy grew at an annual rate of 1.9 percent. That gain was driven by the fastest growth in consumer spending since late 2010.
Consumers spent more partly in response to strong hiring. But hiring has slowed sharply over the past two months. In May, employers add just 69,000 jobs, the smallest increase in a year, and the unemployment rate edged up form 8.1 percent in April to 8.2 percent in March.
And wages have continued to lag as well. Sluggish job growth and weak pay raises threaten to drag on consumer spending. That would weaken growth. Consumer spending accounts for 70 percent of economic activity.
Stockpiles at the wholesale level account for about 27 percent of total business inventories. Stockpiles held by retailers make up about one-third of the total. Manufacturing inventories represent about 40 percent of the total.
US wholesale stockpiles grew 0.6 percent in April - Boston Globe
The Commerce Department says stockpiles grew 0.6 percent at the wholesale level in April, double the March gain. Sales by wholesale businesses jumped 1.1 percent in April, nearly three times the March sales gain.
Wholesale Jersey New England Patriots - Salon
One of the most popular cheap NFL jerseys Wholesale Jerseys China ever is the Peyton Manning uniform and the Indianapolis Colts. This is a blue replica Reebok jersey with the #18 and the Manning name on the back. This apparel is also made of heavy-duty polyester to withstand the rough housing of the youths and adults that wear it. It has a reinforced v-beck with the NFL football emblem at the bottom of V. The split drop tail replicates the authentic, official NFL jersey perfectly. The Reebock logo is printed on each sleeve to add to the authenticity of this clothing. Of course, this uniform is official and licensed by the National Football League.
You can purchase this uniform anywhere from $70 - $80. Everyone that has bought and reviewed this jersey gave it a 5-star review. They say that jersey looked just like it did on the Internet, and that the company was a Wholesale Jerseys Cheap pleasure to deal with. This is a perfect gift for anyone young or old, youth or adult.
For only $55, you can own of the most popular football uniforms on the market today. That is the jersey of Ben Roethlisberger of the Pittsburgh Steelers. The polyester mesh of this uniform along with the detailed stitch work makes it seem like this is much more than a replica jersey - it seems like it is completely authentic.
You can get this Steelers apparel Wholesale Jerseys personalized and customized with your own name and number if you would like, or you can leave it with Roethlisberger's name and number on it. Either way, Wholesale NFL Jerseys you won't be disappointed as this is one of the best cheap NFL jerseys available. Oh yeah, it is machine washable as well which means that you can keep it clean and looking brand-spanking new.
Want to go old school and but some throwback NFL uniforms? No problem - we have everything you need including authentic jerseys right Wholesale Jerseys Free Shipping here. Throwback legends such as Walter Payton, Lawrence Taylor, John Elway, Joe Montana, Walter Payton - you can get all of these throwback uniforms and more ranging from $60 - $150. Of course, you are going to get the embroidered NFL shield, the throwback looking jerseys with the player's name and number on it, and these are all officially licensed by the NFL.
The Adrian Peterson jersey of the Minnesota Vikings is one of the most popular uniforms there are. This is a replica youth jersey that features the logo and colors or the Vikings along with Adrian's number and name. Or you can have this uniform personalized and customized with your own number and name printed on it if you would like.
This replica uniform is made of heavy-duty polyester mesh that can be machine washed with no problem. Its fabric is made to resist tearing, ripping, and staining. It also has a reinforced neck to reduce stretching. As we know, football fans tend to play football, and they want to do it in their favorite player's apparel, so this clothing is made to ensure a lot of stress. Of course, this cheap NFL jersey is officially licensed by the NFL. By the way, customers who bought this NFL clothing were happy with the customer service and quick delivery. And they said the uniforms look 100% authentic.
NFL Jerseys Chicago Bears
NFL Jerseys Cincinnati Bengals
NFL Jerseys St. Louis Rams
NFL Jerseys Tampa Bay Buccaneers
NFL Jerseys Tennessee Titans
NFL Jerseys Washington Redskins
No comments:
Post a Comment