US wholesale inventories rise 0.6% in July

US wholesale inventories rise 0.6% in July

Wholesale trade sales fall 1.4% to $698B

By Ovunc Kutlu

ANKARA (AA) - Wholesale inventories in the US rose 0.6% in July to $900.7 billion, according to Department of Commerce figures released on Friday.

The figure, which measures the change in the total value of goods held in inventory by wholesalers, was expected to show an increase of 0.8% from the previous month.

The figure in June was revised to $895.4 billion for a monthly gain of 1.8%.

Wholesale trade sales, also known as total sales of merchant wholesalers, on the other hand, fell 1.4% to $698 billion in July.

While the estimate for wholesale trade sales was for a gain of 1.4% in July, the level in June was revised to an increase of 1.6% from 1.8%.

Kaynak:Source of News

This news has been read 136 times in total

ADD A COMMENT to TO THE NEWS
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
Previous and Next News