From the FINANCIAL TIMES:
US wholesalers saw their sales and inventories rise in March, as businesses ramped up orders to meet growing demand, official figures showed on Tuesday.
Inventories rose by 0.4 per cent to $394.8bn, according to the commerce department. That was slightly lower than Wall Street estimated but marked the third straight month that inventories increased, bringing them to the highest level in eight months.
Rising sales outpaced inventories, climbing by 2.4 per cent to $348bn. Sales increased 15.8 per cent year on year and recorded the sharpest monthly rise since last November. In February, inventories were up by 0.6 per cent…
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