Wholesale Inventories Up 1.5 percent in September

Inventories at U.S. wholesalers grew more than twice as much as expected in September, a sign companies have confidence demand will hold up as the economy recovers. Wholesale inventories climbed 1.5% to a seasonally adjusted $416.95 billion, the Commerce Department said Tuesday. The increase was partly driven by growth in inventories of farm products. – WSJ

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.