Tuesday, July 8, 2008

U.S. May Wholesale Inventories Just Above Forecasts

U.S. wholesale inventories rose 0.8% month-over-month in May, marginally above expectations for a 0.7% advance, while the previous month's figure was revised to a 1.4% gain from a previously reported 1.3% rise, according to a report released Friday by the Department of Commerce. Read More Now

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