Wholesale inventories up in January

Wholesale inventories up in January

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BPC Staff | Mar 10, 2015 | 7:22 pm |

<1 min read time

| 45 words | All Latest News, Manufacturing

U.S. wholesale inventories rose 0.3 percent in January and sales dropped 3.1 percent, the largest decrease since March 2009, according to the U.S. Commerce Department, Reuters reported.

U.S. wholesale inventories rose 0.3 percent in January and sales dropped 3.1 percent, the largest decrease since March 2009, according to the U.S. Commerce Department, Reuters reported. At the present sales pace, it would take a little more than one month to clear warehouse shelves.