US Wholesale Inventories Increase for Third Straight Month in April

U.S. wholesale inventories increased more than initially thought in April, likely reflecting stock building to hedge against shortages and high prices stemming from the war with Iran. Stocks at wholesalers rose 0.6%, revised up from the 0.5% gain estimated last month, the Commerce Department’s Census Bureau said on Tuesday. Wholesale inventories have now increased strongly […] The post US Wholesale Inventories Increase for Third Straight Month in April appeared first on GV Wire.