Inventory pipeline is healthy: No problems emerged with inventory during the first quarter, according to Intel. In fact, the company benefited from some inventory replenishment during the period.

库存情况健康：据英特尔，第一季度库存方面没有出现问题。实际上，该公司第一季度受益于一些库存补充活动。

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Remember the first few easings encouraged corporate America to refill the inventory pipeline that had been emptied in 2008 and 2009.

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So from a buyer perspective there may be some more inventory in the pipeline.

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While the shadow inventory and a clogged up foreclosure pipeline present challenges, if the economy improves to the point where the labor market begins to seriously recover, it should be possible to overcome those obstacles in the medium-term.

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