US August Wholesale Inventories Revised Lower

US August wholesale inventories revised lower

WASHINGTON, Oct 8 (Reuters) - US wholesale inventories increased less than initially thought in August as strong demand boosted sales, government data showed on ​Thursday. Stocks at wholesalers rose by a downwardly revised ‌0.5%, the Commerce Departmen...

August U.S. Wholesale Sales Jump 1.8% as Broad Gains Continue

U.S. wholesale sales accelerated in August, rising 1.8% as 16 of 19 product categories posted monthly gains. Durable goods led the advance — especially for those tied to data centers — while inventory growth slowed considerably, pushing the industry’s inventories-to-sales ratio lower. Get our full data breakdown and analysis of what it signals for distributors.

U.S. Wholesale Inventories Rise 0.5% to $964.2 Billion

August growth was revised below the 0.7% advance reading, while July inventories were revised higher to $959.8 billion.