Wholesale inventories in US dips yet again in June

WASHINGTON – U.S. wholesale inventories dipped for a third straight month in June, raising concerns that the economy is still weak and the second quarter growth may need to be trimmed, belying earlier optimism. The Commerce Department said on Friday wholesale inventories, which measures the change in the total value of goods held in inventory by wholesalers, fell 0.2 percent after declining …

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