11. It could reach $ 95 billion, he predicted, which would be a record rate of inventory accumulation . 12. The economy grew at a 3.3 percent annual rate, but about one-third was due to inventory accumulation . 13. On the negative side, the revisions reflect a slower pace of inventory accumulation and slower retail sales. 14. The inventory accumulation is bound to mean production cuts and fewer jobs until spending catches up, they said. 15. Capital spending and inventory accumulation by businesses were lower in the fourth quarter than previously estimated, the government said. 16. The economy grew at a 3 . 3 percent annual rate, but about one-third was due to inventory accumulation . 17. Much of last winter's big pileup, when inventory accumulation hit a record $ 91 billion, has already been whittled away. 18. Inventory accumulation contributed $ 51.4 billion to the economy's annual output rate of $ 7.1 trillion during the first quarter.19. Most of the upward revision, Ms . Schaja felt, was caused by farm inventory accumulation that was stronger than estimated. 20. And Fed officials have noted in recent months that a sizable chunk of the recent inventory accumulation consists of imported goods.