Merchant wholesalers posted a 1.4% decrease in inventories in April, while sales slumped 0.4% in the month, according to data released yesterday by the Commerce Department.

Inventories of merchant wholesalers slid to $405.4 billion following a revised 1.8% decrease to $411.1 billion in March, originally reported as a 1.6% decrease to $411.7 billion.

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