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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: Johnny Canuck who wrote (43061)2/14/2006 12:54:54 PM
From: Johnny Canuck  Read Replies (1) of 68200
 
10:00AM U.S. inventories tighten in December by Rex Nutting
WASHINGTON (MarketWatch) - U.S. business inventories tightened in December as the 1.2% increase in sales outpaced inventory gains of 0.7%, the Commerce Department said Tuesday. It was the biggest increase in sales in a year. The inventory-to-sales ratio fell back to the record low of 1.25 reached in October. In November, business inventories increased 0.6%, revised up from the previous 0.5% estimate. For all of 2005, business sales increased 7% while inventories rose 4.3%. Much of the data in the inventory report had been released earlier. The one new bit of new news was the 0.7% increase in retail inventories.

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