US Commerce Department (Census Bureau) data: wholesale inventories rose 0.5% MoM in August, revised from a 0.7% preliminary estimate; July inventories rose 1.4% MoM. Inventories were up 6.4% YoY. By category, durables +0.8% MoM, nondurables unchanged

2026-10-08

US Commerce Department (Census Bureau) data: wholesale inventories rose 0.5% MoM in August, revised from a 0.7% preliminary estimate; July inventories rose 1.4% MoM. Inventories were up 6.4% YoY. By category, durables +0.8% MoM, nondurables unchanged, petroleum stocks -3.9%. Wholesale sales climbed 1.8% MoM in August (July +1.0%), signaling accelerating demand. The inventory-to-sales ratio edged down to 1.18 months from 1.19 in July. Firms appear to be rebuilding stocks after five straight quarters of inventory drawdowns despite strong consumer spending and AI investment.