The Commerce Department says inventories rose 0.3 per cent in November following an even stronger 0.8 per cent gain in October. Sales rose 0.3 per cent in November after a 0.6 per cent October increase.
Companies are building up their stockpiles again after cutting them over the summer. That's a positive sign for growth because it means many businesses are anticipating stronger demand.
The increase pushed inventories to a seasonally adjusted $1.55 trillion in November. That was 17.7 per cent above the low hit in the recession year of 2009. Companies tend to build their inventories when they expect stronger sales.