Wed, 11 Dec 2013 08:53:05 GMT
U.S. wholesale inventories climb in October
Wholesale inventories in the world's largest economy advanced more than economists initially expected in October mainly due to a notable advance of non-durable goods inventories that rose 3%, the Commerce Department reported on Tuesday. According to the report, the U.S. wholesale inventories climbed 1.4% in October after jumping 0.5% in prior month.