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Post by bot on Sept 10, 2014 16:43:03 GMT -5
WASHINGTON (MarketWatch) - U.S. wholesale inventories rose by 0.1% in July, the Commerce Department said Wednesday. Inventories of durable goods such as autos and machinery increased 0.3%, but inventories of nondurable goods were flat. Wholesale sales advanced 0.7% following a 0.4% increase in June. At July's sales pace, the inventory-to-sales ratio dropped a tick to 1.16 from 1.17. In June, the rise in inventories was revised down to 0.2% from 0.3%.
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