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US wholesale stockpiles in June show largest gain in year

U.S. wholesalers increased their stockpiles in June by the largest amount in more than a year, while sales crept up slightly. The Commerce Department said Tuesday that wholesale stockpiles rose 0.9 percent, the largest monthly gain since April 2014. Sales increased 0.1 percent in June yet have dropped 3.8 percent over the past year largely because ...

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