U.S. wholesale inventories climb 0.2% in February

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WASHINGTON (MarketWatch) – Wholesale inventories in the U.S. rose a mild 0.2% in February, the government said Wednesday. Sales increased 0.3% in the month. The ratio of inventories to sales was flat at 1.35. That’s how many months it would take to sell all the inventory on hand. One year, ago the ratio stood at 1.29, when the economy was stronger. The increase in wholesale inventories in January, meanwhile, was unchanged at 1.2%Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.