Auto & Financial Industry Bailout Debate
CNN
November 18, 2008
(CNN) - ECRI’s Achuthan discusses the proposed auto industry bailout in the context of the ongoing recession.
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12/08: (ECRI’s) forecast of the recession helped us anticipate reduced merchandise sales; we proactively revised our inventory forecasts down months ago, and that has helped to greatly minimize the inventory swell and need for markdowns.
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