Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday.
The report showed wholesale inventories rose by 0.6 percent in July after surging by 1.8 percent in June. Economists had expected wholesale inventories to climb by 0.8 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com