The Traderszone Network

Published in TZ Latest News 10 July, 2015 by The TZ Newswire Staff

U.S. wholesale inventories rise more than expected

U.S. wholesale inventories rose at their fastest pace in six months in May, reinforcing the view that economic growth should rebound in the second quarter after a weak first three months of the year. The Commerce Department said on Friday wholesale inventories increased 0.8 percent from a month earlier, more than the 0.3 percent gain forecast by economists polled by Reuters.