Wholesale inventories, sales post strong November gains | NevadaAppeal.com
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Wholesale inventories, sales post strong November gains

WASHINGTON (AP) – Inventories held by wholesalers posted an unexpectedly strong gain in November while sales shot up by the largest amount in 10 months.

While these gains gave the economy a strong boost as 2009 was ending, economists expressed concerns over the durability of the rebound given the stubbornly high unemployment.

The Commerce Department said Friday that wholesale inventories rose 1.5 percent in November, a much stronger showing than the expected 0.2 percent drop.