U.S. March Wholesale Inventories Rise 0.3%, Sales Climb 0.5%
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Inventories at U.S. wholesalers rose in March at the slowest pace in four months as companies kept their stockpiles in line with demand.
The 0.3 percent gain in stockpiles, which was less than the median forecast in a Bloomberg News survey, followed a 0.9 percent increase in February, the Commerce Department reported today in Washington. Sales climbed 0.5 percent in March after rising 1.1 percent a month earlier.