Wholesale inventories getting even leaner

JAN 10, 2008
Wholesale inventories getting even leaner

WASHINGTON
Higher oil prices sent sales of U.S. wholesalers up 2.2% in November,
the biggest gain in more than two years, the Commerce Department
reported Thursday.

Market Snapshot: U.S. stocks decline on weak retail sales, Capital One
warning

U.S. stocks lost ground on Thursday after credit-card issuer Capital One
Financial Corp. undershot its profit forecast and major retailers
reported weak December sales, intensifying concerns about the economy's
malaise.

Weak December retail sales spark 2008 concern
U.S. retailers reported disappointing holiday sales in
December, which in turn sparked some profit warnings, after promotions,
last-minute shopping and gift-card redemptions failed to turn around
lackluster performance in the largest sales month of the year.

Forecaster of the Month: Year's top forecaster is getting nervous

WASHINGTON
The most accurate forecaster in December and for all of 2007 is getting
a bit nervous about his call that the U.S. economy will avoid recession
this year. S