"Rising" is functioning as an adjective here that describes "inventories."
If instead we had something like "The rising of inventories", then we would know that "rising" is being specified as the noun, and is being modified by inventories.
i have a question. why not see "rising inventories‘ as a subject? i mean like this. Swimming in the sea makes people relax. if we see "rising inventories" as a subject, we should use leads instead of lead
Hi there :) It turns out that the phrase "rising inventories" is the subject. Because inventories in the plural, the verb must also be in the plural. For that reason, lead is the correct conjugation of the verb :)
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