US Wholesale Inventories Increase Strongly; Sales Growth Slows

US Wholesale Inventories Increase Strongly; Sales Growth Slows
A Walmart employee stocks the toy section of Walmart on Black Friday, in King of Prussia, Pa., on Nov. 29, 2019. Sarah Silbiger/Reuters
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WASHINGTON—U.S. wholesale inventories increased slightly more than initially thought in April, suggesting that inventory investment could provide a lift to economic growth this quarter.

The rise in stocks reported by the Commerce Department on Wednesday, however, came as sales growth moderated.