The Housing Chronicles Blog: Wholesale inventories rose faster than expected in May as domestic demand rose

Wednesday, July 11, 2018

Wholesale inventories rose faster than expected in May as domestic demand rose

U.S. wholesale inventories were a bit higher than initially estimated in May, rising by 0.6 percent amid strong increases in the stocks of machinery and a range of other goods. Economists expect the pace of inventory accumulation to pick up slightly in the second quarter after weak domestic demand in the first quarter.

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