US wholesale stockpiles rose slightly in March

May 8, 2015 2:06 PM

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US wholesale stockpiles rose slightly in March

WASHINGTON (AP) — U.S. wholesalers expanded stockpiles modestly in March even though their sales fell for an eighth straight month.

Wholesale stockpiles edged up 0.1 percent following a 0.2 percent rise in February, the Commerce Department reported Friday. Sales at the wholesale level fell 0.2 percent after an even bigger 0.6 percent drop in February. Sales have fallen every month since August.

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