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Wholesale Inventories Edge Up, Sales Rise 3.4% in May

7/10/2026

24 3 Full Breakdown

Summary

Story summary

The Census Bureau said wholesale inventories rose 0.1% in May 2024, 0.5% lower than May 2023 but 4.0% higher year-over-year.
May saw computer equipment inventories rise 4.0% while metal stocks fell 2.8% and petroleum stocks 5.7%.
Wholesale sales grew 3.4% in May, cutting the clearance period to 1.15 months.
The Atlanta Fed projects Q2 GDP to expand 1.4% after a 2.1% Q1 pace while imports rose to a 14-month high widening trade deficit.

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Story summary

The Census Bureau said wholesale inventories rose 0.1% in May 2024, 0.5% lower than May 2023 but 4.0% higher year-over-year.
May saw computer equipment inventories rise 4.0% while metal stocks fell 2.8% and petroleum stocks 5.7%.
Wholesale sales grew 3.4% in May, cutting the clearance period to 1.15 months.
The Atlanta Fed projects Q2 GDP to expand 1.4% after a 2.1% Q1 pace while imports rose to a 14-month high widening trade deficit.