United States Wholesale Inventories

US wholesale inventories increased by 0.2% over a month to $908.7 billion in April 2025, compared to the advance estimate of no change and following a downward revision of March's increase to 0.3%. Nondurable goods inventories rose 0.3% in April, rebounding from a 0.1% decline in March, as gains in apparel (+1.5%), groceries (+1.4%), and pharmaceuticals (+1.3%) helped offset a sharp 7.1% drop in petroleum stocks. Meanwhile, durable goods posted a modest 0.1% gain, easing from the previous month’s 0.6% rise. On an annual basis, inventories grew 2.3%, slightly above the earlier 2.1% estimate.