Investing.com - U.S. wholesale inventories fell unexpectedly in the last quarter, official data showed on Friday.
In a report, US Census Bureau said that U.S. Wholesale Inventories fell to a seasonally adjusted annual rate of -0.4%, from 0.2% in the preceding quarter whose figure was revised up from 0.1%.
Analysts had expected U.S. Wholesale Inventories to rise 0.3% in the last quarter.
In a report, US Census Bureau said that U.S. Wholesale Inventories fell to a seasonally adjusted annual rate of -0.4%, from 0.2% in the preceding quarter whose figure was revised up from 0.1%.
Analysts had expected U.S. Wholesale Inventories to rise 0.3% in the last quarter.