Wholesale Inventories Rose in June, Soothing Recession Worries
Wholesale merchants are not acting like they see a recession on the horizon.
Wholesale merchants are not acting like they see a recession on the horizon.
A sign of confidence in growth for the second half of the year.
American businesses are still running down wholesale inventories, Commerce Department data showed Wednesday. Inventories are goods produced for sale that have not yet been sold. Businesses tend to shrink inventories when they expect sales to fall and expand inventories when
Inventories climbed in September, the Commerce Department said Wednesday.
Wholesalers appear to be liquidating their stock at a faster rate than expected.
Wholesale inventories in the U.S. declined for the second consecutive month in April, the Commerce Department said Thursday. Inventories at U.S. wholesalers ticked down 0.1 percent in April compared with the prior month. March inventories were revised down to show
The March rebound for wholesale inventories unexpected evaporated in the Commerce Department’s second estimate.
Excluding autos, retail inventories actually fell in September as stores brace for inflation-inflected holiday shopping.
Amid many signs that the U.S. economy may not have contracted as much as expected given the fevered rate of Fed rate hikes, U.S. wholesale inventories continued to expand in July but at a slower pace. That could indicate cooling
Wholesale inventories rose as businesses expect robust demand in the months ahead.