Skip to content
Subscriber Only

U.S. Wholesale Inventories Rise More Than Forecast

Inventories at U.S. wholesalers rose more than forecast in December as distributors tried to keep up with improving sales.

The 1 percent increase in stockpiles compared with a 0.7 percent gain median forecast in the Bloomberg News survey and followed an unchanged reading in November, Commerce Department figures showed today in Washington. Sales grew 0.4 percent to $371.5 billion, the highest level since August 2008.