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Posts tagged: inventories

Shoppers ride escalators in San Diego, California.

Photograph by Sam Hodgson/Bloomberg

Shoppers ride escalators in San Diego, California.

Economy in U.S. Hit Soft(er) Patch in 2Q as Wholesalers Pared Inventory

The nation’s wholesalers made strides in clearing out inventory in May. Their progress also portends even softer economic growth in the second quarter. Commerce Department figures today showed wholesale inventories unexpectedly fell 0.5 percent in May, the most since September...

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