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U.S. wholesale stockpiles rise 1.1 percent in March

By The Associated Press

This article was published May 9, 2014 at 11:22 a.m.

WASHINGTON — U.S. wholesale businesses increased their stockpiles in March by the largest amount in five months while sales increased at the fastest clip in 10 months.

Wholesale stockpiles rose 1.1 percent in March after a 0.7 percent gain in February, the Commerce Department reported Friday. It was the ninth consecutive monthly gain and the largest increase since a 1.2 percent rise in October.

Sales at the wholesale level were up 1.4 percent, the best showing since a 1.9 percent rise in May 2013.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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