U.S. wholesale inventories were unchanged in December on a month-over-month basis, with the indicator holding at 0.2% growth, the same pace recorded in November 2025. The latest data, updated on 24 February 2026, suggest wholesalers maintained a steady approach to stock management at year-end, neither accelerating nor cutting back on inventory accumulation.
The December reading, measured against November on a month-over-month basis, indicates that the modest inventory expansion seen in late 2025 has continued without significant shift. With the “actual” figure comparing December to November and the “previous” figure reflecting November’s change versus October, the back-to-back 0.2% increases point to a period of relative stability in wholesale stock levels heading into 2026.
