US business inventories unchanged in June

17 hours ago 1

Reuters

Fri, August 14, 2026 astatine 9:37 AM CDT 1 min read

WASHINGTON, Aug 14 (Reuters) - U.S. concern inventories were unchanged successful June arsenic an summation successful stocks astatine wholesalers was ‌offset by a diminution astatine retailers, reflecting beardown home request ‌in the 2nd quarter.

The level speechmaking successful inventories followed a 0.4% emergence successful May, the Commerce Department's Census Bureau said connected Friday. Economists polled by Reuters had forecast inventories, a cardinal constituent of gross home merchandise and 1 of the astir volatile, edging up 0.1% successful June.

Inventories ‌increased 3.0% year-on-year successful June.

Business ⁠inventories person been drawn down for 5 consecutive quarters amid robust home demand, a premix of user ⁠spending and concern business tied to artificial intelligence.

They subtracted from gross home merchandise maturation successful the 2nd quarter. The system grew astatine a 1.5% annualized rate past quarter, though home demand accrued astatine its fastest ‌pace successful much than 3 years.

Retail inventories fell 0.2% successful June alternatively of being unchanged arsenic estimated successful an beforehand study past month. They surged 0.8% successful May. Motor conveyance inventories roseate 0.4% arsenic antecedently reported. They accrued 0.9% successful May.

Retail inventories excluding autos, ‌which spell into the calculation of GDP, dropped 0.4% alternatively of falling 0.2% as estimated past month. They gained 0.7% successful May.

Wholesale inventories roseate 0.2% successful ‌June portion stocks astatine manufacturers edged up 0.1%.

Business income fell 1.1% successful June aft dropping 2.1% successful the anterior month. At June's income pace, it would instrumentality 1.30 months for businesses to ‌clear shelves, up from 1.28 months successful May. The inventories/sales ratio was astatine 1.39 months successful June 2025.

(Reporting by Lucia Mutikani; Editing by Andrea Ricci )

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