In August 2025, wholesale inventories in the United States remained stable at approximately $908 billion month-over-month, contrary to expectations of a 0.2% decline, and following an upward adjustment to a 0.1% increase in July. Within durable goods, inventories rose by 0.1%, rebounding from a 0.2% drop the previous month. This growth was driven by higher stocks in metals (up 1.1%), computer equipment (up 0.5%), and automotive (up 0.4%), which helped offset reductions in furniture (down 0.9%), machinery (down 0.3%), and professional equipment (down 0.2%). Conversely, inventories of nondurable goods decreased by 0.1%, after experiencing a 0.6% rise in July. This decline was primarily due to sharp reductions in chemical stocks (down 1.8%), drugs (down 1.8%), and paper (down 1.4%), despite gains in petroleum (up 5.9%) and farm products (up 1.4%). Annually, wholesale inventories were up by 1.1% in August, surpassing the preliminary estimate of a 0.7% increase.
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