US wholesale inventories rose by 0.2% month-over-month to $908.4 billion in July 2025, matching market expectations and following a 0.1% rise in June, according to advance estimates. This marked the second consecutive month of growth in inventories, with non-durable goods stocks climbing 0.8%, accelerating from a 0.2% increase the month before. Meanwhile, inventories of durable goods fell by 0.2%, reversing a 0.1% gain the previous month. On a yearly basis, wholesale inventories were up 1.3% in July.