Inventories and wholesale sales · United States

United States Wholesale Inventories MoM Adv

The United States Wholesale Inventories MoM Adv 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
Moves
AUDUSD · EURUSD · GAUUSD# · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

Latest figures

The latest release for SEP, published on 28 October 2026, came in at 0.6%, above the consensus of 0.5%, up from 0.5% the time before.

Over the last 12 releases it ranged from -0.3% to 1.4%, averaging 0.4%; it has been falling for three releases in a row.

May 2025: 0%Jun 2025: -0.3%Jul 2025: 0.2%Aug 2025: 0.2%Sep 2025: -0.2%Feb 2026: 0.2%Apr 2026: 1.4%May 2026: 0.5%Jun 2026: 0.3%Aug 2026: 1.3%Sep 2026: 0.7%Oct 2026: 0.6% May 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
28 Oct 2026SEP0.6%0.5%0.5%
30 Sep 2026AUG0.7%1.1%1.3%
27 Aug 2026JUL1.3%0.1%0.3% ®
26 Jun 2026MAY0.3%0.2%0.7% ®
29 May 2026APR0.5%0.6%1.5% ®
29 Apr 2026MAR1.4%0.4%0.9% ®
19 Feb 2026DEC0.2%0.2%0.2%
25 Sep 2025AUG-0.2%0.1%0% ®
29 Aug 2025JUL0.2%0.2%0.1%
29 Jul 2025JUN0.2%-0.1%-0.3%
26 Jun 2025MAY-0.3%0.1%0.2%
30 May 2025APR0%0.4%0.3% ®

See it in the economic calendar →

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 Wholesale Inventories MoM Adv?

The United States Wholesale Inventories MoM Adv measures the stock of unsold goods held by businesses in the United States, or the sales of wholesalers.

What was the latest United States Wholesale Inventories MoM Adv?

0.6% for SEP, published on 28 October 2026 (consensus 0.5%, previous 0.5%).

When is the next United States Wholesale Inventories MoM Adv?

On Friday 27 November 2026 at 13:30 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.