Investing.com - U.S. wholesale inventories fell unexpectedly in the last quarter, official data showed on Thursday.
In a report, US Census Bureau said that U.S. Wholesale Inventories fell to a seasonally adjusted annual rate of -0.2%, from -0.6% in the preceding quarter whose figure was revised down from -0.5%.
Analysts had expected U.S. Wholesale Inventories to rise 0.4% in the last quarter.
In a report, US Census Bureau said that U.S. Wholesale Inventories fell to a seasonally adjusted annual rate of -0.2%, from -0.6% in the preceding quarter whose figure was revised down from -0.5%.
Analysts had expected U.S. Wholesale Inventories to rise 0.4% in the last quarter.