US wholesale inventories jumped 1.3% in July
U.S. wholesale inventories surged in July, the government confirmed. Stocks at wholesalers rose 1.3% in July, unrevised, according to the Commerce Department’s Census Bureau.
S. 3% in July, according to the Commerce Department’s Census Bureau, which confirmed the unrevised figure on Thursday. The increase in wholesalers’ stocks may leave inventories in a position to add to economic growth in the third quarter.