Business Inventories Rise 0.6%, Commerce Says

Business inventories rose 0.6% in February, the Commerce Department said Monday.

The increase in goods unsold at factories, retailers and wholesalers followed a revised 0.9% increase in January.

Sales fell by 1.1%, the most in more than a year.

The inventory gain matched analysts’ expectations, 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.