Wholesale Inventories in U.S. Rise 0.1%; Sales Gain 0.6%
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Inventories at U.S. wholesalers rose less than forecast in November as distributors struggled to keep up with demand, a sign gains in manufacturing will keep the economy growing.
The 0.1 percent increase in inventories followed a 1.2 percent revised gain in October, Commerce Department figures showed today in Washington. Economists projected a 0.5 percent rise, according to the median estimate in a Bloomberg News survey. Sales climbed 0.6 percent in November.