Merchant wholesalers posted a 1.4% increase in inventories in July, while sales dipped 0.3% in the month, according to data released yesterday by the Commerce Department.

Inventories of merchant wholesalers grew to $441.3 billion, following a downwardly revised 0.9% increase to $435.1 billion in June, originally reported as a 1.1% increase to $435.9 billion.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.