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flag In March, US wholesale inventories declined by 0.4%, contributing to slower economic growth in Q1 2021.

flag In March, US wholesale inventories declined by 0.4% as initially estimated, according to the Commerce Department's Census Bureau. flag This drop in inventory contributed to slower economic growth in the first quarter of 2021. flag Excluding automobiles, wholesale inventories decreased by 0.5%, which is a component of GDP calculations. flag Sales at wholesalers declined by 1.3% in March after increasing by 2.0% in February.

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