Wholesale inventories in the United States fell by 0.4% from a month earlier to $929 billion in January 2023, in line with preliminary estimates and after a 0.1% increase in the prior month. It was the first decline in inventories since July 2020, reinforcing the idea that businesses are scaling down their restocking efforts amid weaker demand. Stocks fell for both non-durable goods (-0.9%, the same as in December), mostly apparel (-5.5%) and farm products (-3.5%) and durable ones (-0.1% vs 0.7%), notably furniture (-2.7%). On an annual basis, wholesale inventories grew by 15.8% in January, slightly below an earlier reading of 15.9%. source: U.S. Census Bureau

Wholesale Inventories in the United States averaged 0.43 percent from 1992 until 2023, reaching an all time high of 2.70 percent in December of 2021 and a record low of -1.90 percent in March of 2009. This page provides - United States Wholesale Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Wholesale Inventories - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Wholesale Inventories in the United States is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States Wholesale Inventories



Calendar GMT Actual Previous Consensus TEForecast
2023-02-28 01:30 PM Wholesale Inventories MoM Adv Jan -0.4% 0.1% 0.0%
2023-03-07 03:00 PM Wholesale Inventories MoM Jan -0.4% 0.1% -0.4% -0.4%
2023-03-28 12:30 PM Wholesale Inventories MoM Adv Feb -0.4%


Related Last Previous Unit Reference
Durable Goods Orders Ex Transportation 0.70 -0.40 percent Jan 2023
Durable Goods Orders Ex Defense -5.10 5.60 percent Jan 2023
Durable Goods Orders -4.50 5.10 percent Jan 2023
Factory Orders Ex Transportation 1.20 -1.20 percent Jan 2023
New Orders 542787.00 552484.00 USD Million Jan 2023
Factory Orders -1.60 1.70 percent Jan 2023
Business Inventories -0.10 0.30 percent Jan 2023
Wholesale Inventories -0.40 0.10 percent Jan 2023
Retail Inventories Ex Autos 0.10 0.10 percent Jan 2023
Non Defense Capital Goods Orders Ex Aircraft 0.80 -0.30 percent Jan 2023

United States Wholesale Inventories
The Wholesale Inventories are the stock of unsold goods held by wholesalers. Inventories are a key component of gross domestic product changes. A high inventory points to economic slowdown in the US, while a low reading points to a stronger growth.
Actual Previous Highest Lowest Dates Unit Frequency
-0.40 0.10 2.70 -1.90 1992 - 2023 percent Monthly
Current Prices, SA

News Stream
US Wholesale Inventories Shrink in January
Wholesale inventories in the United States fell by 0.4% from a month earlier to $929 billion in January 2023, in line with preliminary estimates and after a 0.1% increase in the prior month. It was the first decline in inventories since July 2020, reinforcing the idea that businesses are scaling down their restocking efforts amid weaker demand. Stocks fell for both non-durable goods (-0.9%, the same as in December), mostly apparel (-5.5%) and farm products (-3.5%) and durable ones (-0.1% vs 0.7%), notably furniture (-2.7%). On an annual basis, wholesale inventories grew by 15.8% in January, slightly below an earlier reading of 15.9%.
2023-03-07
US Wholesale Inventories Fall for 1st Time since 2020
Wholesale inventories fell by 0.4% from a month earlier to USD 929.7 billion in January 2023, following a 0.1% rise in the prior month, preliminary estimates showed. It was the first decline in inventories since July 2020, as stocks fell for both durable (-0.1% vs 0.6% in December) and non-durable goods (-0.8%, the same as December). On an annual basis, wholesale inventories grew by 15.9% in January.
2023-02-28
US Wholesale Inventories Growth Slows to Near 1-1/2-Year Low
Wholesale inventories in the United States went up by 0.1% from a month earlier to $932.9 billion in December 2022, in line with preliminary estimates and slowing from the 0.9% rise in the previous month. It was the smallest increase in wholesale inventories since July 2020, suggesting that businesses were scaling down their restocking efforts as demand weakens amid tighter financial conditions. Inventories rose at a slower pace for durable goods (0.9% vs 1% in November) and stocks of non-durable goods decreased (-1.2% vs 0.8%), especially for petroleum (-5.8% vs 2.2%), farm products (-3.6% vs -1.9%), apparel (-2.3% vs 2.4%) and paper (-2.3% vs -0.8%). On an annual basis, wholesale inventories rose by 17.6%, slightly below an earlier reading of 17.8%.
2023-02-08