U.S. wholesale inventories rise 0.7% in August

U.S. wholesale inventories rose by 0.7% in August, the U.S. Commerce Department said Thursday. Inventories of durable goods, such as autos and machinery, rose 0.8%, while inventories of nondurable goods rose 0.5%. Wholesale sales fell 0.7%, following a 0.4% gain in July. At August’s sales pace, the…

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U.S. wholesale inventories rise 0.7% in August

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