UPDATE 1-U.S. wholesale inventories rise strongly; first-quarter GDP seen revised slightly up

Industry News

(Adds details, analyst comments)By Lucia MutikaniWASHINGTON, May 9 (Reuters) – U.S. wholesale inventories increased solidly in March and the pace of accumulation in the prior month was stronger than previously reported, which could lead to a small upward revision to the first-quarter gross domestic product estimate.The Commerce Department said on Monday that wholesale inventories rose…

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