Business inventories rose 0.3% in May, the Commerce DepartmentÌýsaid Monday.ÌýÌý
The gain followed a revised 0.3% increase in April, smaller than initially estimated. Sales fell 0.1%.
The inventories increase met economists’ projections, Bloomberg reported.
Factory inventories, which make up about two-fifths of the total, dropped 0.2%, but wholesale inventories, which make up about 30%, climbed 0.3% in May.
When sales are growing, it usually means trucking is seeing additional demand to deliver goods and restock shelves.
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