Wholesale inventories jump 1.2%

Stockpile boost beats estimates in January; increase biggest since ’11

Posted: March 9, 2013 at 3:32 a.m.

An employee at Organically Grown Co.’s warehouse in Gresham, Ore., sorts bell peppers in February. Inventories at U.S. wholesalers rose 1.2 percent in January, beating economists’ estimates.

Inventories at U.S. wholesalers jumped in January by the most in more than a year as companies shrugged off concerns about fiscal policy and ramped up in anticipation of rising consumer demand.

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Business, Pages 29 on 03/09/2013