Wholesale Inventories Fall for Second Straight Month

Wholesale Inventories Fall for Second Straight Month

THE SIGNAL

Wholesale inventories in the U.S. declined for the second consecutive month in April, the Commerce Department said Thursday.
Inventories at U.S. wholesalers ticked down 0.1 percent in April compared with the prior month. March inventories were revised down to show a decline of 0.2 percent from the preliminary report showing inventories were flat for the month after rising a bit in February.
Economists had expected inventories to decline 0.2 percent in April, so the report was stronger than expected. But with the revision to the prior month, inventories si …

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