US Wholesale Inventories Swung Back Up in February

U.S. wholesale inventories ticked up slightly in February, returning to an upward trajectory after slipping in January for the first time since mid-2020. Inventories of U.S. merchant wholesalers sequentially rose 0.1% in February compared with the previous month after declining 0.4% sequentially in January. Inventories of durable goods rose 0.5%…Read More