Wholesale inventories acquire barely greater than anticipated in September


A worker operates a forklift to move parts used to assembled car seats at the Lear Corp. manufacturing facility in Hammond, Indiana.

Jim Young | Bloomberg | Getty Images

A worker operates a forklift to move parts used to assembled car seats at the Lear Corp. manufacturing facility in Hammond, Indiana.

U.S. wholesale inventories gained slightly more than estimated in September.

The Commerce Department said that wholesale inventories rose 0.4 percent in September, better than the 0.3 percent gain expected by economists surveyed by Refinitiv.

Wholesale inventories gained 0.9 percent in August, the biggest gain for the measurement since November 2016.

This story is developing. Please check back for updates.



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