Wholesale Inventories, Sales Continue To Rise

In yet another indication of an ongoing recovery, wholesale inventories were up again for the ninth straight month.

August Retail Sales Beat Estimates

Retailers were able to post better-than-expected sales in August, according to numerous wire services and published reports. “Early reports gave analysts hope retailers were able to clear excess inventories ahead of the crucial holiday-selling season without having to resort to deep discounts,” Yahoo News reported. And in an encouraging sign, it was reported that retailers [...]