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

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