52 Days
Source:
الاقتصادية
الاقتصادية
Ready to play
Ready to play
Data from the U.S. Department of Commerce show that wholesale inventories in the United States increased by 0.1% in May, down from the previous estimate of 0.3%. The inventories also recorded a 4% annual increase, despite declines in recent quarters, which may limit expectations that inventory replenishment will boost economic growth in the second quarter. Additionally, wholesale sales rose by 3.4% in May, with the inventory-to-sales ratio falling to 1.15 months—the lowest since 2012. Meanwhile, the country’s imports increased significantly due to the impact of the war in the Middle East.
Notice: This Is an AI-Generated Summary
Comments (0)