U.S. wholesale inventories gain 0.2% in March

WASHINGTON (MarketWatch) — Wholesale inventories rose 0.2% in March, according to Commerce Department data released Tuesday. This was above the preliminary reading of a 0.1% decline. Inventories in February were revised up down to a 0.3% gain from the previous estimate of a 0.2% gain. The inventory-to-sales ratio remained steady at 1.28 in March, down from 1.35 in the same period a year earlier.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply