United States Wholesale Inventories

U.S. wholesale inventories rose 0.3% month-over-month to $902.3 billion in February 2025, following a 0.8% increase in January, according to final estimates. Durable goods inventories edged up 0.2%, down from 0.8% the previous month, with slower growth in professional equipment (1.2% vs. 3.1%) and computer equipment (2.7% vs. 6.9%). Declines were noted in machinery (-0.5% vs. 0.5%), electrical equipment (-0.4% vs. 1.3%), and metals (-0.1% vs. 1.5%). Nondurable goods inventories rose 0.5%, also easing from 0.8% in January, with slower increases in drugs (0.3% vs. 0.9%), groceries (1.0% vs. 1.3%), and farm products (0.1% vs. 3.4%), alongside a decline in apparel (-0.3% vs. 0.6%). On an annual basis, wholesale inventories were up 1.1%.