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Economic Trends

June U.S. Wholesale Sales Drop 3% as Petro Reverses Course; Industry Largely Flat

June wholesale sales gave back most of May’s gain, but remained 14.1% above a year earlier as inventories edged higher. The monthly pullback was concentrated in oil and gas, while sales across the rest of wholesale trade were nearly flat. Get all the key figures and trend charts here.

August 6, 2026

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The U.S. Census Bureau released its monthly wholesale trade report on Aug. 6, reflecting results through June, which showed that sales gave back most of May’s surge while inventories edged higher — narrowing, but not erasing, the sizable gap between sales growth and stockpile growth.

June sales of merchant wholesalers — except manufacturers’ sales branches and offices, after adjustments for seasonal variations and trading day differences, but not for price changes — were $794.1 billion, down 3.0% from the revised May level but up 14.1% year-over-year. May’s increase was revised upward from…

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