US Wholesale Inventories Growth Slows
2026-07-08 14:12
By
Larissa Caser
1 min. read
US wholesale inventories rose 0.1% month-over-month to $941.8 billion in May 2026, following a 0.7% increase in April and below a 0.3% gain in the advance estimate.
The latest reading marked the third consecutive month of slower inventory growth after a 1.5% increase in March, the strongest since mid-2022.
Compared with a year earlier, wholesale inventories were 4.0% higher, accelerating from an upwardly revised 1.2% increase in May 2025.
Meanwhile, the inventories-to-sales ratio for merchant wholesalers, excluding manufacturers’ sales branches and offices, stood at 1.15 on a seasonally adjusted basis, down from 1.31 in May 2025.