Business Inventories Rise in May

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.