Business Inventories Rise 0.3% for Second Month

Business inventories rose 0.3% in November, the Commerce Department said Tuesday.

The increase followed a 0.3% rise in October. Sales at factories, wholesalers and retailers increased 1%, after falling 0.3% the prior month.

The November inventories gain matched economists’ median forecast, Bloomberg News reported.

Factory inventories, which make up about two-fifths of the group were little changed, and wholesale inventories, which make up about 30%, rose 0.6%.

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