Whole­salers’ stock­piles grow slightly as sales shrink in May

Austin American-Statesman - - BUSINESS -

In­ven­to­ries held by whole­salers rose for a fifth con­sec­u­tive month in May but sales fell for the first time in more than a year, send­ing a cau­tion­ary sig­nal about the strength of the re­cov­ery.

Whole­sale in­ven­to­ries in­creased 0.5 per­cent while sales dropped 0.3 per­cent, the Com­merce Depart­ment said. It was the first de­cline for sales since March of 2009. Weak­ness in sales could dis­cour­age busi­nesses from boost­ing their or­ders. That would trans­late into a slow­down in fac­tory pro­duc­tion.

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