U.S. January wholesale inventories jump 1.2%

Inventories at the wholesale level rebounded sharply in January after slight gain in the prior month, the Commerce Department said Friday. Inventories rose 1.2% in January to a seasonally adjusted $504.4 billion. This is the largest monthly gain since December 2011. Economists were expecting an…

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U.S. January wholesale inventories jump 1.2%

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