Exact(27)
While inventories declined slightly in August, they are still at an elevated level.
New orders rose to 0.5 from minus 7.8, while inventories rose to zero from minus 10.
A separate report today showed sales at wholesalers slowed in April, while inventories grew.
June shipments of goods from the nation's factories rose 1percentt, while inventories increased 0.5percentt.
The slump means inflated costs for equipment and raw materials are falling, while inventories can be run down.
Imports have been declining and are now at the lowest levels since mid-August, while inventories are rising.
Similar(33)
At the same time, many potential buyers have been shut out of the market, because not only have sales prices climbed while inventory remains low, but credit remains tight.
The volume of sales increased by 30 percent over last year to 3,837, while inventory was down by nearly 22 percent, and the time listings spent on the market shrank by 54 percent.
The administration focused on the economic problems in front of it -- keeping the world economy on an even keel -- and didn't spend much time looking at what might happen if demand for oil picked up while inventory and production capacity were still low.
The first generation camera will continue to be sold while inventory exists, for $299.99.
"While inventory levels are starting to come down, they are still on the rise in the luxury market," says Ken Shuman, spokesman for Trulia.com.
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