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Article: Both Inventories, Sales Record Biggest Gains Since November

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THE JOURNAL RECORD
Article date:
April 15, 1994
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WASHINGTON (AP) _ Business inventories rose in February for the sixth time in the last seven months, but were outpaced by sales as both indicators scored their biggest gains since November.

Analysts said Thursday's Commerce Department figures, generally in line with economists' predictions, are a sign there is room for manufacturing expansion in the months ahead.

In another report, the Labor Department said the number of Americans filing first-time claims for jobless benefits jumped by a surprising 12,000 last week to the highest level in more than a month. Most economists, expecting an improving unemployment picture, had forecast a decline.

The Labor Department said new ...

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