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Business Inventories, Sales Climb in March

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American businesses increased inventories by 0.4 percent in March as total sales soared following a February setback, the Commerce Department reported Friday.


The March increase in the total amount of goods held on shelves and back lots followed a 0.5 percent gain in February. However, a portion of that inventory growth reflected an unwanted accumulation as sales fell a sharp 0.5 percent during February.


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Los Angeles Business Journal Author