By Xavier FontdegloriaWholesale inventories in the U.S. increased solidly in April compared with the previous month, reflecting firms' restocking efforts amid persisting supply-chain bottlenecks. Inventories of U.S. merchant wholesalers rose 2.2% in April on month, easing from the revised 2.7% increase registered in March, data from the Commerce Department showed Wednesday.

Source: Wall Street Journal June 08, 2022 14:13 UTC