Business Inventories Fall 1.1% in January

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Business inventories fell 1.1% in January, the fifth straight decline, the Commerce Department said Thursday.

The decline in goods unsold at factories, retailers and wholesalers followed a revised 1.6% decrease in December. Sales fell 1% after a 3.4% drop in December

The decline was larger than the 1% drop forecast by analysts, Bloomberg reported.

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



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