US Business Inventories Hit Highest Monthly Growth Since January

2026-01-14 15:09 By Dongting Liu 1 min. read

US business inventories increased 0.3% month-over-month in October 2025, marking the fastest growth since January 2025 and exceeding market expectations of 0.2%.

This follows an upwardly revised 0.3% gain in September.

Retailer inventories led the increase, climbing 0.6%, up from 0.5% the previous month.

Manufacturers’ inventories remained flat after a 0.1% decline in September, while wholesale inventories rose 0.2%, moderating from a 0.5% gain.

On a year-over-year basis, total business inventories grew 1.4% in October.



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