Wholesale inventories rose 0.2% MoM and 2.3% YoY in April to $908.7B, while sales increased 0.1% MoM and 6.0% YoY. The inventories-to-sales ratio fell to 1.30 from 1.34 a year earlier.

• Durable goods inventories increased 0.1% MoM and 1.3% YoY; nondurable goods inventories rose 0.3% MoM and 4.2% YoY.
• Computer equipment inventories rose 2.7% MoM and 20.7% YoY, continuing a strong upward trend.
• Petroleum inventories dropped -7.1% MoM and -15.4% YoY, the largest decline among major categories.
• Grocery inventories increased 1.4% MoM and 11.5% YoY, supporting strong demand trends.
• Farm product inventories declined -0.6% MoM but were up 15.4% YoY.