U.S. Wholesale Inventories Climb 0.8%, But Wholesales Sales Slump 1.1%

Wholesale inventories in the U.S. increased by slightly more than expected in the month of January, a report from the Commerce Department revealed on Friday. The Commerce Department said wholesale inventories climbed by 0.8 percent in January after rising by an upwardly revised 0.7 percent in December.Original Article