Morningstar

U.S. Business Inventories Climbed in July

Provided by Dow Jones

By Dean Seal 




  U.S. businesses inventories rose between July and June at a faster clip than expected, the Commerce Department said Wednesday. 



  Across manufacturers, retailers and merchant wholesalers, inventories were up 0.8% month-over-month at $2.76 trillion for July. Analysts polled in The Wall Street Journal's pre-release survey had been looking for a 0.6% pickup. Inventories ticked up by a revised 0.1% in June. 



  The inventories-to-sales ratio in July was 1.3, unchanged from last month and down from 1.37 in the same month a year earlier. A falling inventories-to-sales ratio indicates that sales have been outpacing restocking activity. 





  Write to Dean Seal at dean.seal@wsj.com 





  Corrections & Amplifications



  This was corrected on Oct. 15, 2026. Across manufacturers, retailers and merchant wholesalers, inventories were up 0.8% month-over-month at $2.76 trillion for July. The original version incorrectly said the amount was $2.76 billion.



  (END) Dow Jones Newswires



  September 16, 2026 10:29 ET (14:29 GMT)


Copyright (c) 2026 Dow Jones & Company, Inc.
  

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