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United States Wholesale Inventories
Last Release
Oct 31, 2024
Actual
0.2
Units In
%
Previous
-0.2
Frequency
Monthly
Next Release
Dec 27, 2024
Time to Release
17 Days 14 Hours
Highest | Lowest | Average | Date Range | Source |
2.7 Mar 2022 | -1.9 Mar 2009 | 0.4 % | 1992-2024 | U.S. Census Bureau |
The Wholesale Inventories are the stock of unsold goods held by wholesalers. Inventories are a key component of gross domestic product changes. A high inventory points to economic slowdown in the US, while a low reading points to a stronger growth.
Latest Updates
US wholesale inventories rose by 0.2% month-over-month to $905 billion in October 2024, in line with the preliminary estimate and following a 0.2% decrease in the prior month. Stocks of non-durable goods rose by 0.3%, following a 0.4% increase in September, primarily groceries (+1.6%), drugs (+1.1%) and miscellaneous products (+0.7%). Meanwhile, durable inventories rose by 0.1%, after a 0.6% decrease in the prior month, with notable increases seen for computer equipment (+2.9%), furniture (+2.7%) and professional equipment (+2.6%).
On a yearly basis, wholesale inventories increased by 0.9% in October, matching the preliminary reading.
United States Wholesale Inventories History
Last 12 readings