US Wholesale Inventory Growth Slows in April

US wholesale inventories advanced by 0.5% month-over-month to $938.6 billion in April 2026, following an upwardly revised 1.5% increase in March and compared with market forecasts for a 0.6% rise. This marked the third consecutive monthly increase in wholesale inventories, but the pace moderated from March, which saw the strongest growth since August 2022. Stocks of durable goods rose by 0.9%, after a 0.5% increase in March, while those of nondurables decreased by 0.2%, after a 3.2% advance in the prior month. On a yearly basis, wholesale inventories rose by 3.4%.

US wholesale inventories advanced by 1.3% month-over-month to $906.371 billion in March 2026, following a 0.9% increase in February and compared with a preliminary estimate of 1.4%. Still, this marked the second consecutive monthly increase in wholesale inventories and the strongest since August 2022, prompted by a surge in stocks of nondurable goods (3.2% vs 1.1% in February). Rises were noted in drugs (0.2%), groceries (1%), farm products(2.4%), and petroleum (33.9%). Meanwhile, durable goods inventory growth slowed to 0.2% from 0.9%, as a decline in machinery (-0.2%) and automotive (-0.1) more then offset increases in electrical (2.9%) and metals (0.7%). On a yearly basis, wholesale inventories rose 2.9% in March.

US wholesale inventories advanced by 1.4% month-over-month to $932.8 billion in March 2026, following an upwardly revised 0.9% increase in February and overshooting market forecasts for a 0.4% rise. This marked the second consecutive monthly increase in wholesale inventories and the strongest since June 2022, prompted by a surge in stocks of non-durable goods (3.2% vs 1% in February). On the other hand, durable goods inventory growth slowed to 0.3% from 0.9%. On a yearly basis, wholesale inventories rose 2.9% in March.