Business Inventories Fall 1%

Business inventories fell 1% in May, marking the ninth consecutive decline, the Commerce Department said Tuesday.

The decline in goods unsold at factories, retailers and wholesalers followed a revised 1.3% decrease in April. Sales fell 0.1%.

The decline was slightly larger than the 0.8% drop forecast by analysts, Bloomberg reported.

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