Inventories at wholesalers fall for 11th month

By: Bloomberg News September 14, 2009

Inventories at U.S. wholesalers fell for a record 11th month in July as higher sales helped distributors move out more of their excess supply. The 1.4 percent decline in stockpiles was greater than forecast and followed a revised 2.1 percent drop in June, the Commerce Department said Friday in Washington. Wholesale inventories have had the longest ...

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Inventories at wholesalers fall for 11th month

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