U.S. Wholesale Inventories Rise 0.6% in September, Retail Holds at 0.3%

U.S. wholesale inventories rose 0.6% in September, accelerating from August, while retail inventories increased 0.3% and matched their revised pace, showing different month-to-month movement across the two sectors. The U.S. Census Bureau’s advance estimates put wholesale inventories at $1.0115 trillion at September’s end, up 7.4% from a year earlier. The August monthly increase was 0.5%. Retail inventories totaled $885.3 billion, up 4.8% from a year earlier. The bureau revised August’s monthly increase to 0.3% from its preliminary estimate of 0.2%, matching September’s pace. The August inventory report initially put the increase at 0.2%.

Source: TokenPost