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Economic Trends

July U.S. Wholesale Sales Rebound Broadly as Inventories Jump

Industry sales rose 0.8% in July after June’s revised large decline, with gains across most product categories. Inventories increased even faster, but remain lean relative to sales compared with a year ago. Get our full data breakdown and analysis of what it signals for distributors.

September 10, 2026

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The U.S. Census Bureau released its monthly wholesale trade report on Sept. 10, reflecting results through July, which showed a broad rebound in sales alongside a more pronounced buildup in inventories.

July 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 $801.3 billion, up 0.8% from the revised June level and 13.0% year-over-year. June’s decline was revised to 2.9% from the initially reported 3.0%.

Durable goods sales increased 1.1% month-over-month after…

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