Wholesale sales grew for a fourth consecutive month in August, though at a much slower pace compared with the previous three months. Sales edged up 0.3% to $65.7 billion in August after growing 5.2% in July. While four of seven subsectors increased in August, led by higher sales in the building material and supplies and the motor vehicle and motor vehicle parts and accessories subsectors, declines in the personal and household goods and the food, beverage and tobacco subsectors partially offset the increases. In volume terms, wholesale sales increased 0.1% in August. After growing for the fourth consecutive month, ... (full story)