Wholesale inventories enjoy slight uptick


Inventories continued to rise in September after a good August.

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Inventories continued to rise in September after a good August.

Inventories are a key component of gross domestic product changes. The component that goes into the calculation of GDP – wholesale stocks excluding autos – increased 0.1 percent.

Sales at wholesalers rose 0.2 percent in September, more than the 0.1 percent increase predicted by economists. At September’s sales pace it would take 1.19 months to clear shelves, unchanged from August.

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