Inventories and wholesale sales · United States
United States Retail Inventories Ex Autos MoM
The United States Retail Inventories Ex Autos MoM measures the stock of unsold goods held by businesses in the United States, or the sales of wholesalers.
- Importance
- Medium
- Released
- Monthly
- Next release
- Currency
- USD · US dollar
- Central bank
- The Federal Reserve
Latest figures
The latest release for AUG, published on 15 October 2026, came in at 0%, below the consensus of 0.1%, down from 0.8% the time before.
Over the last 12 releases it ranged from -0.4% to 0.8%, averaging 0.3%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 15 Oct 2026 | AUG | 0% | 0.1% | 0.8% |
| 16 Sep 2026 | JUL | 0.8% | 0.7% | -0.5% |
| 14 Aug 2026 | JUN | -0.4% | – | 0.7% ® |
| 16 Jul 2026 | MAY | 0.3% | 0.4% | 0.6% |
| 17 Jun 2026 | APR | 0.6% | 0.6% | 0.6% |
| 14 May 2026 | MAR | 0.4% | 0.5% | 0.3% |
| 21 Apr 2026 | FEB | 0.3% | 0.3% | 0.3% |
| 1 Apr 2026 | JAN | 0.3% | – | 0.4% |
| 6 Mar 2026 | DEC | 0.4% | 0.2% | 0.0% ® |
| 10 Feb 2026 | NOV | 0.2% | – | 0.2% ® |
| 14 Jan 2026 | OCT | 0.3% | 0% | 0.1% ® |
| 16 Dec 2025 | SEP | 0% | – | 0% |
Why it matters
Inventory changes feed directly into GDP: building stocks adds to growth, running them down subtracts. A pile-up of unsold goods can foreshadow cuts in production.
How it is calculated
Businesses report the book value of their stocks and sales; the inventory-to-sales ratio shows how many months of sales are on the shelves.
What changes mean
- Rising inventories with falling sales are a warning sign; with rising sales they are healthy restocking.
- Markets react little except where the figure changes GDP estimates.
A short history
Inventory cycles were first described by Joseph Kitchin in the 1920s ("Kitchin cycles" of about 40 months).
Questions
What is the United States Retail Inventories Ex Autos MoM?
The United States Retail Inventories Ex Autos MoM measures the stock of unsold goods held by businesses in the United States, or the sales of wholesalers.
What was the latest United States Retail Inventories Ex Autos MoM?
0% for AUG, published on 15 October 2026 (consensus 0.1%, previous 0.8%).
When is the next United States Retail Inventories Ex Autos MoM?
On Tuesday 17 November 2026 at 15:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.