Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
9/14/2012 10:10:00 AM Write a Letter to the Editor Write a letter to the Editor

Business Inventories Rise by Most in Six Months

Business inventories rose 0.8% in July, the biggest increase in six months, the Commerce Department said Friday.

The increase followed a 0.1% upturn in June. Sales at factories, wholesalers and retailers rose 0.9%, following a 1.2% decline.

The inventories gain was double economists’ median forecast, Bloomberg reported.

Factory inventories, which make up about two-fifths of the total, increased 0.5%, but wholesale inventories, which make up about 30%, rose 0.7%.

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

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement