Business Inventories Fall 1.3% in February

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Business inventories fell 1.3% in February, the sixth consecutive decline, the Commerce Department said Tuesday.

The decline in goods unsold at factories, retailers and wholesalers followed an initially reported 1.1% decrease in January. Sales increased 0.2%, the first gain since July, Bloomberg said.

The decline was slightly larger than the 1.2% 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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