U.S. wholesale inventories reached $945.9 billion in June, a 0.3% increase from May and a 4.4% rise from a year earlier, according to the Census Bureau. The month-to-month change for May was revised to a 0.3% increase from 0.1%. Meanwhile, retail inventories were largely unchanged from the previous month and up 3% year over year.

Advance International Trade in Goods
The international trade deficit was $101.5 billion in June, down $4.4 billion from $105.9 billion in May. Exports of goods for June were $204.7 billion, $3.8 billion less than May exports. Imports of goods for June were $306.2 billion, $8.2 billion less than May imports.

Advance Wholesale Inventories
Wholesale inventories for June, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $945.9 billion, up 0.3 percent (±0.2 percent) from May 2026, and were up 4.4 percent (±1.2 percent) from June 2025. The April 2026 to May 2026 percentage change was revised from the preliminary estimate of up 0.1 percent (±0.2 percent)* to up 0.3 percent (±0.2 percent).

Advance Retail Inventories
Retail inventories for June, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $831.3 billion, virtually unchanged (±0.2 percent)* from May 2026, and were up 3.0 percent (±0.5 percent) from June 2025. The April 2026 to May 2026 percentage change was revised from the preliminary estimate of up 0.6 percent (±0.2 percent) to up 0.5 percent (±0.2 percent).

Learn more at the Census' website.