U.S. wholesale sales fell 3.0% in June while inventories edged up

Sales by U.S. merchant wholesalers fell 3.0% in June 2026 to a seasonally adjusted $794.1 billion, the Census Bureau reported Aug. 6. Despite the monthly decline, sales were 14.1% higher than in June 2025.

The May monthly sales increase was revised from 3.4% to 3.5%. The figures exclude manufacturers’ sales branches and offices and are not adjusted for price changes.

Inventories reached $944.7 billion i

Wholesale inventories increased 0.2% in June to $944.7 billion and were 4.2% higher than a year earlier. The monthly change was not statistically distinguishable from zero at the Census Bureau’s stated confidence level.

The inventory-to-sales ratio was 1.19, compared with 1.30 in June 2025. The lower year-over-year ratio indicates wholesalers held less inventory relative to monthly sales than they did a year earlier.

July report is scheduled for Sept. 10 i

The next Monthly Wholesale Trade report, covering July, is scheduled for Sept. 10 at 10 a.m. Eastern time.

Sources

• Monthly Wholesale Trade Report, June 2026, U.S. Census Bureau
• Monthly Wholesale Trade Release Schedule, U.S. Census Bureau

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