US Wholesale Inventories: August 2025 (DELAYED)

Fri, Nov 21, 2025 · 10:00 AM ET Next release · Nov 9, 10:00 AM ET

U.S. wholesale sales edged up +0.1% MoM in August 2025 to $711.1 billion, rising +6.1% YoY, reflecting a modest monthly increase alongside solid annual growth.

  • Wholesale inventories were $907.9 billion, essentially flat MoM (0.0%) and up +1.1% YoY, indicating broadly stable stock levels compared with July.
  • Durable goods inventories increased 0.1% MoM (but were down -0.2% YoY), offset by a nondurable goods inventories decline of -0.1% MoM (but were up 3.3% YoY).
  • The June to July sales revision was adjusted to +1.3% MoM (from +1.4%), showing only a slight change in previously reported momentum.
  • The July to August inventory change was revised from a preliminary 0.2% MoM to effectively unchanged, emphasizing limited month-to-month movement.
  • The inventories-to-sales ratio held at 1.28 in August, down from 1.34 a year earlier, suggesting leaner inventories relative to stronger sales levels.