Banks--- Betting on the recovery Message Board

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Non-Tech : Banks--- Betting on the recovery

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Nov 14 9:30 AM EST

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From: tejek	4/14/2009 10:28:53 AM
	of 1428

Business inventories fall 1.3 percent in February 17 minutes ago By MARTIN CRUTSINGER AP Economics Writer (AP:WASHINGTON) Businesses slashed their inventories for a sixth straight month in February as they tried to cope with a steep recession. The Commerce Department says business inventories dropped 1.3 percent in February, matching the January decline and close to the 1.2 percent fall that economists had expected. The sixth straight decline is the longest stretch since stockpiles fell for 15 straight months ending in April 2002, a period that covered the country's last recession

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