Wholesale inventories in the U.S. increased by slightly more than anticipated in the month of November, according to a report released by the Commerce Department on Tuesday.
The report said wholesale inventories surged up by 1.0 percent in November after edging down by a revised 0.1 percent in October.
Economists had expected inventories to climb by 0.9 percent compared to the 0.4 percent drop originally reported for the previous month.
Inventories of durable goods jumped by 1.0 percent in November after inching up by 0.1 percent in October, while inventories of non-durable goods rebounded by 1.0 percent after falling by 0.4 percent.
The Commerce Department also said wholesale sales rose by 0.4 percent in November following a 1.1 percent spike in October.
Sales of both durable and non-durable goods increased by 0.4 percent in November after climbing by 0.8 percent and 1.3 percent, respectively in the previous month.
With inventories rising more than sales, the inventories/sales ratio for merchant wholesalers ticked up to 1.32 in November from 1.31 in October.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.