US wholesale inventories show surprise growth for February
US wholesale inventories increased unexpectedly in February, while January’s monthly sales growth rate was revised upwards, according to preliminary figures reported by the US Census Bureau on Thursday.
Seasonally adjusted wholesale inventories increased 0.8% to $919.58 billion in February compared with a 0.3% decline to $911.90 billion, revised from a 0.5% decline, in January. February’s figure beat the FXStreet-cited consensus for a 0.2% decrease.
On an annual basis, total inventories in February were up 1.8% from $903.14 billion.
Adjusted sales of merchant wholesalers increased 2.7% on-month to $751.87 billion, and rose 8.8% from $691.26 billion in February, 2025.
January’s sales grew 1.1% on-month to $731.77 billion, revised from the preliminary estimate of a 0.5% rise.
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