U.S. Wholesale Inventories Jump More Than Expected In November

Wholesale inventories in the U.S. jumped by more than expected in the month of November, according to a report released by the Commerce Department on Monday. The report said wholesale inventories surged up by 1.4 percent in November after spiking by 2.5 percent in October. Economists had expected inventories to increase by 1.2 percent.

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