Business Inventories Gain in November

Business inventories rose 0.4% in November, the Commerce Department said Tuesday.

The increase in goods unsold at factories, retailers and wholesalers followed a 0.1% increase in October.

The inventory gain matched analysts’ expectations, Bloomberg reported.

Sales jumped by 1.6%, the most since March.



When sales are growing, it usually means trucking is seeing additional demand to deliver goods and restock shelves.

Higher inventories mean goods are not being sold at a rapid pace, which could lower demand for trucking services.