WASHINGTON (AP) — U.S. wholesalers restocked their warehouses at a modest pace in June for a second straight month, a sign they may anticipate slower growth ahead.

The Commerce Department said Friday that wholesale inventories rose 0.3 percent, the same as the previous month. May’s inventory gain was revised down from 0.5 percent.

Recommended Stories

Economy grows faster than expected

Pandemic shipping delays cause excess inventory at Walmart, Costco, Target

Too much of a good thing