# United States Merchant Wholesalers: Inventories

United States Merchant Wholesalers: Inventories was up 6.4% year on year in August 2026, compared with 5.8% in July 2026.
The level stood at 964,199 USD m.
That is the highest reading since March 2023.
Over the past ten years it has ranged from −6.0% (Jun 2020) to 25.7% (Jun 2022), averaging 4.7%.
The next update is expected on 16 November 2026.

- Source agency: U.S. Census Bureau
- Makrognosis code: `US.WHLINV.M.SA`
- Frequency: monthly
- Units: USD m
- Coverage: 1992-01-01 to 2026-08-01 (416 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/merchant-wholesalers-inventories

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| August 2026 | 964,199 USD m | 6.4 |
| July 2026 | 959,769 USD m | 5.8 |
| June 2026 | 946,687 USD m | 4.4 |
| May 2026 | 943,113 USD m | 4.2 |
| April 2026 | 940,672 USD m | 3.6 |
| March 2026 | 934,572 USD m | 3.1 |
| February 2026 | 920,443 USD m | 1.9 |
| January 2026 | 911,902 USD m | 1.3 |
| December 2025 | 914,350 USD m | 2.5 |
| November 2025 | 915,713 USD m | 1.9 |
| October 2025 | 913,477 USD m | 1.7 |
| September 2025 | 911,532 USD m | 1.8 |
| August 2025 | 906,038 USD m | 0.8 |
| July 2025 | 906,926 USD m | 1.1 |
| June 2025 | 906,639 USD m | 1.4 |
| May 2025 | 905,131 USD m | 1.3 |
| April 2025 | 907,978 USD m | 2.2 |
| March 2025 | 906,371 USD m | 2.1 |
| February 2025 | 903,141 USD m | 1.2 |
| January 2025 | 900,015 USD m | 1.2 |
| December 2024 | 891,703 USD m | −0.5 |
| November 2024 | 898,579 USD m | 0.9 |
| October 2024 | 898,061 USD m | 0.6 |
| September 2024 | 895,719 USD m | −0.2 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.WHLINV.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.WHLINV.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```