Below is the latest August trade and inventories data. While the numbers haven't shifted dramatically, it’s a helpful metric to monitor—significant swings in inventory levels can signal future adjustments in domestic manufacturing and import volumes. However, the current adjustments remain relatively modest.
This is an article on cycles and inventory,
What Do Inventories Tell Us About the EconomyManufacturing and Trade Inventories and Sales: August 2026
The combined value of distributive trade sales and manufacturers' shipments for August 2026 was estimated at $2,123.5 billion, reflecting a 1.1 percent increase from July 2026 and a 10.2 percent increase from August 2025.
End-of-month inventories for manufacturers and trade for August 2026 were estimated at $2,818.8 billion, representing a 0.4 percent increase from July 2026 and a 4.6 percent increase from August 2025.
The total business inventories-to-sales ratio at the end of August 2026 stood at 1.33, down from the 1.40 ratio recorded in August 2025.
U.S. Census Bureau. (2026, October 15). Manufacturing and trade inventories and sales: August 2026 (CB26-166). U.S. Department of Commerce.
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