Transport Topics Online
Welcome  Guest  Log In         
 
9/12/2012 10:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Wholesale Inventories Rise 0.7%

Wholesale inventories increased 0.7% in July, the most in five months, while sales slipped 0.1%, the Commerce Department said Wednesday.

The gain followed a 0.2% decline in June. Durable and non-durable goods stockpiles each rose 0.7%.

Economists had called for a 0.3% gain, Bloomberg reported.

Wholesale inventories account for about a fourth of total business stockpiles, while retailers and factories account for the rest.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.
 
  RELATED ARTICLES

LATEST NEWS