Wholesale Inventories Rise in October

Washington, DC, Dec. 10, 2013 -- U.S. wholesale inventories rose 1.4% in October, the Commerce Department said.

It was the largest gain in inventories in two years.

Also, wholesale sales increased 1.0%.

Inventories of durable goods rose 0.4% in October, while inventories of nondurables increased 3.0%.

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