US wholesale inventories rise 0.3% in June, below expectations
Key Takeaways
- •U.S. wholesale inventories increased 0.3% in June, missing the 0.4% rise forecast by economists.
- •The June reading followed a 0.1% increase in wholesale inventories in the prior month.
- •U.S. retail inventories excluding autos declined 0.2% month on month after a 0.3% gain previously.
- •The wholesale inventories report is published by the U.S. Census Bureau and tracks goods held by wholesalers across the United States.
- •Inventories are watched as an input to GDP and as an indicator of economic activity, business confidence, and near-term demand.
US wholesale inventories increased 0.3% in June, falling short of the 0.4% month-on-month rise expected by economists.
The latest U.S. wholesale inventories data for June, published on 28 July 2026, followed a prior increase of 0.1%.
US retail inventories excluding autos fell 0.2% month on month, compared with a prior rise of 0.3%.
The U.S. Wholesale Inventories report measures the monthly change in the value of goods held by wholesalers across the United States. Wholesalers sit in the middle of the supply chain, buying goods from manufacturers and selling them to retailers, businesses, and institutions before those products reach consumers. Published by the U.S. Census Bureau, the report gives investors and economists a snapshot of inventory trends and what those changes may indicate for economic activity, business confidence, and future GDP growth. Because inventories are one input into GDP calculations, the report is often watched alongside related trade and retail data for a fuller read on near-term demand.
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