Bloomberg (04/09/15) Carlos Torres; Vince Golle
Sales of durable goods at U.S. wholesalers in January and February saw the biggest two-month decline since early 2009, according to the U.S. Department of Commerce. Demand has fallen, and stockpiles have accumulated. The inventory-to-sales ratio is near a six-year high. As a result, the nation’s manufacturers may see a downturn in production. The Institute for Supply Management’s factory index has declined for five consecutive months, falling to an almost two-year low in March.
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