Factory Inventories Tuesday, Apr. 2, 10 A.M.By
Inventories held by manufacturers likely rose by about 0.4% in February, despite sharp cuts in production in recent months. Inventories were unchanged in January and had fallen 0.8% in December. But problems in wholesale and retail trade stockpiles, plus continued sluggish demand, suggest that an excess buildup of inventories may have begun last quarter. MMS reports factory orders probably fell by about 0.3% in February, after decreasing 1.7% in January.
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