financetom
Economy
financetom
/
Economy
/
US wholesale inventories rebound strongly in September
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US wholesale inventories rebound strongly in September
Mar 10, 2026 10:13 PM

WASHINGTON, Dec 11 (Reuters) - U.S. wholesale inventories rebounded in September amid increases in the stocks of long-lasting manufactured goods, which likely provided a lift to gross domestic product in the third quarter.

Stocks at wholesalers increased 0.5% after falling 0.1% in August, the Commerce Department's Census Bureau said on Thursday. Economists polled by Reuters had forecast inventories edging up 0.1% in September.

The report was delayed by the recently ended 43-day shutdown of the government. Inventories, a key part of gross domestic product, increased 1.8% on a year-over-year basis in September.

Wholesale stocks of durable goods rose 0.3%, driven by computer equipment, metals and electrical products. But motor vehicle inventories were unchanged.

Business inventories decreased at a $18.3 billion annualized rate in the second quarter, subtracting 3.44 percentage points from GDP. That was, however, more than offset by a record 4.83 percentage point contribution from a smaller trade deficit.

The Atlanta Federal Reserve is forecasting gross domestic product increased at a 3.5% annualized rate in the third quarter. The government will release its first estimate of third-quarter GDP on December 23 after it was delayed by the shutdown. 

The economy grew at a 3.8% pace in the April-June quarter. While the rebound in inventories likely added to GDP growth last quarter, it also reflected softening demand. 

Sales at wholesalers slipped 0.2% in September after declining by the same margin in August. At September's sales pace it would take 1.29 months to clear shelves, up from 1.28 months in August.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Big banks win dismissal of Libor-rigging litigation in New York
Big banks win dismissal of Libor-rigging litigation in New York
Sep 25, 2025
(Corrects ninth paragraph to identify Bank of America ( BAC ) as a defendant, corresponding with list of bank defendants in fourth paragraph) By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Thursday dismissed all remaining claims in a slew of antitrust litigation accusing large banks of conspiring to rig Libor, an interest rate benchmark that once underpinned hundreds...
US agrees South Korea not a currency manipulator, Seoul says
US agrees South Korea not a currency manipulator, Seoul says
Sep 28, 2025
SEOUL (Reuters) -The United States has agreed that South Korea is not manipulating its currency for trade advantage, a spokesperson for President Lee Jae Myung said on Sunday. The two allies agreed that Seoul does not fall under the manipulator designation that the U.S. Treasury Department announces in reports twice a year, Kang Yu-jung told a press conference. Officials at...
US labor board withdraws claims Apple CEO violated employee rights, Bloomberg News reports
US labor board withdraws claims Apple CEO violated employee rights, Bloomberg News reports
Sep 28, 2025
(Reuters) -The U.S. labor board has withdrawn its allegations that Apple CEO Tim Cook violated federal labor law and several other claims, Bloomberg News reported on Friday. The office of the general counsel of the National Labor Relations Board said it was withdrawing many of the claims in a complaint it had issued against Apple in January, the report said,...
US dollar at risk if Trump can sway Fed to more dovish stance, says PGIM exec
US dollar at risk if Trump can sway Fed to more dovish stance, says PGIM exec
Sep 28, 2025
NEW YORK (Reuters) -The risk that pressure from U.S. President Donald Trump could shift the Federal Reserve to an overly dovish stance is the main near-term concern for the U.S. dollar, said a senior executive at U.S. asset manager PGIM Fixed Income. Trump has relentlessly criticized Fed Chair Jerome Powell and the U.S. central bank's Board of Governors for not...
Copyright 2023-2026 - www.financetom.com All Rights Reserved