Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
12/12/2013 10:15:00 AM Write a Letter to the Editor Write a letter to the Editor

Business Inventories Rise 0.7% in October

Business inventories rose 0.7% in October, and sales increased 0.5%, the Commerce Department reported Dec 12.

Economists had forecast inventories to rise 0.3%, Bloomberg News reported.

The gain in inventories indicates businesses anticipated a healthy holiday shopping season, according to the Associated Press.

Retailer inventories rose 0.8% after a 1% increase the prior month, Commerce said.

When sales are growing, trucking usually faces 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

© 2013, 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

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