US businesses boosted stockpiles in November
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WASHINGTON — U.S. businesses stockpiled more goods in warehouses and on store shelves in November as sales improved slightly.
The Commerce Department says business inventories rose a seasonally adjusted 0.7
Department stores saw their inventories and sales decline between November and October, part of a broader long-term slowdown as shoppers move to online retailers.
But auto dealers bulked up their inventories of vehicles by 1.9
Manufacturers boosted their inventories 0.2