Wholesale stockpiles grow

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Friday, June 08, 2012

U.S. wholesale businesses restocked faster in April, due to a strong gain in sales.

It would take roughly five weeks to exhaust all wholesale stockpiles at the April sales pace. That's considered a healthy time frame and suggests businesses will keep restocking to meet demand.

When businesses step up restocking, they order more goods. That generally leads to increased factory production and higher economic growth.

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