The 1.2% rise in sales was the first since August and the largest since June 2000. Inventories fell 0.2% in January, the eighth consecutive decline. Their value declined to $287.7 billion, the lowest since January 2000.
January wholesaler sales rises
March 12, 2002
WASHINGTON—Wholesalers sales showed the largest gain in 19 months in January, the Commerce Department recently reported.