US wholesale inventories were unchanged in December on a month-over-month basis, holding steady at a 0.2% increase, according to data updated on 19 February 2026. The latest reading for December 2025 matches the previous month’s pace, indicating a period of stability in how wholesalers are managing stock levels.
The consistency in the 0.2% change suggests that businesses neither sharply accumulated nor drew down inventories heading into the end of 2025. For investors and analysts, this flat profile may point to a balance between demand expectations and supply conditions in the wholesale sector, with no clear signs of either overstocking or aggressive destocking at year-end.
