US wholesale inventories rose by 1.3% month-over-month to $959.1 billion in July 2026, after an upwardly revised 0.3% increase in June and largely surpassing the expected 0.1% gain, advance data showed. This marked the sixth consecutive month of growth in wholesale inventories and the strongest since March, driven by both nondurable (1.6% vs -0.4%) and durable goods (1.2% vs 0.8%). On a yearly basis, wholesale inventories advanced by 5.7%.