Business Inventories Rise in August, Commerce Reports

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usiness inventories rose 0.4% in August following a 0.4% drop in July, the Commerce Department said Friday.

The value of goods on hand at manufacturers, retailers and wholesalers rose to an adjusted $1.277 trillion, Commerce said.

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

Inventories at retailers rose 0.9%, the biggest jump since November, following a 1.8% drop in July. Sales fell 2.1% following a 1.9% increase in July.