US companies restocked at slower pace in December
WASHINGTON (AP) -- U.S. companies restocked their store shelves and warehouses at a slower pace in December, a sign of caution as sales weakened. Slower restocking was a major drag on the economy in the final three months of last year.
Business inventories ticked up 0.1 percent in December from November, the Commerce Department said Wednesday. That was below the 0.2 percent pace the previous month and the smallest increase since last June.
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