Business Inventories Rise 0.4%; Sales Dip

U.S. business inventories rose 0.4% in June, while sales fell, the Commerce Department said Monday.

Sales fell 0.3%, the first decline since January. Inventories had risen 0.5% in May.

The inventories gain matched analysts’ forecast, Bloomberg reported.

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

Higher inventories mean goods are not being sold at a rapid pace, which could lower demand for trucking services.