U.S. Wholesale Inventories Rise 0.2% in November as Sales Climb 0.6%

U.S. wholesale inventories increased 0.2% in November 2025, following a revised 0.1% gain in October, according to the U.S. Census Bureau. The modest buildup reflects cautious restocking amid rising sales, which jumped 0.6% month-over-month. Inventories of durable goods edged up 0.3%, led by machinery and computer equipment, while nondurable goods inventories were flat. The inventory-to-sales ratio fell to 1.27 from 1.28 in October, indicating faster turnover and improved supply chain efficiency. The data suggests businesses are aligning stockpiles with demand rather than overbuilding ahead of uncertain economic conditions. Analysts note the trend supports expectations for stable GDP growth in Q4 2025, though persistent inflation risks remain.