(RTTNews) - Business inventories in the U.S. increased by more than expected in the month of May, according to a report released by the Commerce Department on Friday. Economists had expected business inventories to jump by 1.2 percent, matching the advance originally reported for the previous month. "Businesses face an arduous task as they manage their inventories in a difficult economic environment of cooling goods demand, persistent supply chain constraints, elevated inflation and higher interest rates," said Oren Klachkin, Lead U.S.