Merchant wholesalers posted a 1.4% decrease in inventories in December, while sales dropped 3.6% in the month, according to data released yesterday by the Commerce Department.

Inventories of merchant wholesalers slid to $427.5 billion following a revised 0.9% decrease to $433.7 billion in November, originally reported as a 0.6% decrease to $435.0 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.