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US wholesale inventories up 0.1% in June

From breakingthenews.net

Wholesale inventories in the United States increased by 0.1% in June compared to May's revised figure and stood at $906.3 billion, the US Census Bureau revealed in a report released on Thursday. Total inventories increased by 1.3% compared to the same period in the previous year. The sales of merchant wholesalers, adjusted for seasonal variations and trading-day differences but not for price changes, rose by 0.3% in the reported month compared to May to reach $698.5 billion in the reported month, and advanced 5.5% compared to the revised figure from June 2024. Based on seasonally adjusted data, the inventory-to-sales ... (full story)

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