IHS Global Insight

U.S. wholesale inventories rise; labor market tightening

U.S. wholesale inventories unexpectedly rose in January as sales recorded their biggest decline since 2009, lifting the number of months it would take to clear warehouses to its highest level in more than 5-1/2 years.

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Soft U.S. data hints at near-term hiccup in economic growth

The number of Americans filing new claims for unemployment aid last week rose to its highest level since May, but economists dismissed the increase as weather-related and said the jobs market remained solid.

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