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To: marginmike who wrote (185795)8/5/2002 12:42:44 PM
From: ild  Read Replies (1) | Respond to of 436258
 
All new inventory WAS IMPORTED!

Although it was wonderful to see exports in 2Q 2002 up at a 12% annualized growth rate, imports increased 23.5%. One of our main concerns earlier in the year was that a potentially large share of an inventory rebuild in this country just might be imported as opposed to occurring domestically. Suffice it to say that the above chart still suggests this to be an important issue.

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