Economics
Factories Be Warned: U.S. Wholesalers Face an Inventory Glut
New data reflects a worrying outlook for manufacturers
Aluminum components sit in a warehouse before being manufactured into ladders at a Werner Co. factory in Louisville, Kentucky
Luke SharrettThis article is for subscribers only.
If wholesalers have anything to say about it, America's manufacturers may be in the doldrums for a while.
Sales of durable goods at U.S. distributors in January and February suffered the biggest two-month drop since the recession's last gasp in early 2009, figures from the Commerce Department showed Thursday in Washington.