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In July 2025, business inventories in the United States experienced a 0.2% month-over-month increase, mirroring June's growth and aligning with market forecasts. This trend represents the second month in a row where inventories have expanded. Specifically, manufacturers' inventories grew by 0.3%, retailer inventories increased by 0.2%, and merchant wholesalers saw a modest inventory rise of 0.1%. Annually, total business inventories rose by 1.5% in July, slightly below the projected 1.6% increase.
