Business Inventories Rise 0.4%

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Business inventories rose in November, the second consecutive increase, the Commerce Department said Thursday.

The 0.4% gain matched the one in the previous month, marking the first two consecutive increases in more than a year. October's gain was originally reported as 0.2%.

Sales rose 2%. Economists had forecast a 0.3% increase in inventories, Bloomberg reported.

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



 

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