US wholesale inventories surge in July

In July, the United States experienced a notable spike in wholesale inventories, paving the way for anticipated economic growth in the third quarter. Inventories for both durable and nondurable goods surged significantly, while wholesale sales made a comeback after a downturn. The rise in the inventories to sales ratio suggests a slight extension in the time needed for goods to clear from shelves.

Raccontata daeconomictimes.indiatimes.com