Wholesale inventories and sales both post gains

[NJmaverick]

Source: Associated Press

WASHINGTON – Inventories held by wholesalers rose by a larger-than-expected amount in February while sales increased for the 11th consecutive month.
The Commerce Department said Friday that inventories at the wholesale level were up 0.6 percent in February, better than the 0.4 percent increase analysts had expected. Sales rose 0.8 percent, surpassing the 0.5 percent rise economists had forecast.
The gains were an encouraging sign that stronger demand is prompting businesses to restock depleted shelves, a development that will help sustain the economic recovery.
The inventory increase followed a 0.1 percent rise in January, which was initially reported as a decline of 0.2 percent.
The rise in sales followed a 0.9 percent January advance and marked the 11th straight month that sales have been up.

Read more: http://news.yahoo.com/s/ap/20100409/ap_on_bi_go_ec_fi/us_economy;_ylt=AiJ2dnalpBWPJ93bY4YNWMKs0NUE;_ylu=X3oDMTFlcjM5aXRxBHBvcwM5OQRzZWMDYWNjb3JkaW9uX2J1c2luZXNzBHNsawN3aG9sZXNhbGVpbnY-

[JuniperLea]

1. This should stimulate job growth...

The stronger these numbers, the more likely employers will loose the paranoia.

[NJmaverick]

2. The only thing holding back the economy is the right wing propaganda machine

once people regain confidence the economy should really start to take off.

[JuniperLea]

3. I agree...

Fear breeds fear, and it's being dumped on the American people via the GOP Media by the bucketful.

We need to start calling it what it is... the GOP projection of "liberal media" is a well known crock. It's time to speak the truth to their lies... immediately and loudly.

We really do need to do something about the media... I'm not sure what, but some serious brainstorming is in order.