WASHINGTON -- Sales of merchant wholesalers rose 0.4% to $425.9 billion in June, the Commerce Department reported Friday.

The June sales increase followed a revised 1.5% rise the previous month, originally reported as a 1.6% gain. The June increase in sales was weaker than the median 0.7% gain projected by economists polled by Thomson Reuters.

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.