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Investor's Business Daily - Wholesale inventories rose 0.8% in Sept., while Aug.'s gain was revised sharply higher to 0.7%, the Commerce Dept. said. The strong readings suggest Q3 GDP growth estimates might be revised to nearly 5% from the initial reading of a 3.9% annual rate. But stockpiles aren't bloated. Wholesale sales jumped 1.3% in Sept. So the inventory-to-sales ratio fell to a record-low 1.1 months' worth from 1.11 in Aug. and 1.15 a year earlier.Visit website
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