U.S. Wholesale Inventories Rise

U.S. wholesale inventories rose in March as companies experienced a sudden boost in sales, implying that areas of the economy are expanding firmly, according to Commerce Department data released Tuesday. Inventories increased by 1.1% in the last month of the first quarter, slightly above economists’ estimates. Sales jumped 2.9%cent. At $392.01 billion, sales were at their highest since June 2008.

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