US wholesale inventories rose by 0.5% to around $911.5 billion in September 2025, after a revised 0.1% decrease in August and better than market estimates of a 0.1% uptick. This marked the strongest increase in inventories since February. Non-durable goods inventories picked up 0.7%, following a 0.1% fall in the previous month, mainly on the back of drugs (+1.9%) and petroleum (+1.1%). At the same time, durable goods inventories rose by 0.3%, bouncing from a 0.1% decrease in August, with notable stock builds in computer equipment (+4.1%), electrical equipment (+2.4%) and metals (+1.6%), partly offset by a 3.2% decline in miscellaneous durables. On a yearly basis, wholesale inventories increased by 1.8% in September.
Today Markets
