Menu
Posted February 25, 2026

December wholesale inventories inched up 2.8 YoY

Wholesale inventories for December, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $917.2 billion, up 0.2% (±0.4%) from November 2025, and were up 2.8% (±1.1%) from December 2024.


The October 2025 to November 2025 percentage change was unrevised from the preliminary estimate of up 0.2% (±0.2%).

Advance International Trade in Goods

The international trade deficit was $98.5 billion in December, up $15.8 billion from $82.8 billion in November. Exports of goods for December were $180.0 billion, $5.6 billion less than November exports. Imports of goods for December were $278.6 billion, $10.2 billion more than November imports.

Advance Retail Inventories

Retail inventories for December, also adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $812.5 billion, virtually unchanged (±0.2%) from November 2025, and were up 0.8% (±0.5%) from December 2024. The October 2025 to November 2025 percentage change was revised from the preliminary estimate of down 0.1% (±0.2%)* to down 0.5% (±0.2%).

SPONSORED ADS