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Inventories cloud 1966 gains as 1967 begins
AP Analysis notes inventories swelled as 1966 ended, menacing a slowdown in 1967. Production ran ahead of sales creating a $135 billion stock buildup across manufacturing, wholesale and retail sectors. Auto and appliance sectors show layoffs as firms work to clear surplus goods.
MENTIONED IN THIS ARTICLE
John Caniff
AP Business News
NEW York (Ap
U.S
Lion
Ifi
Automotive Industry
Detroit