WASHINGTON—U.S. wholesale inventory accumulation slowed in July, lagging further behind sales, and it is now taking wholesalers the shortest time in seven years to clear shelves. The Commerce Department said on Friday that wholesale inventories rose 0.6 percent as estimated last month. Stocks at wholesalers increased 1.2 percent in June. Wholesale inventories climbed 11.5 percent…
US Wholesale Inventories Rise; Inventories-to-Sales Ratio Lowest in Seven Years
US News
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