The warehouses won’t be full of complete and ready to go instruments though. The supply chain is still in a mess so likely to be in various states of build but not ready for shipping.
Fenders business model is bizarre anyway. As has been mentioned already the Japanese made instruments and many of the Mexican made ones are now premium instruments around the £1000+ mark.
Custom made US build would make more business sense.
The USA is also in recession by standard economic definition so Fender may be planning ahead, however in a country as large and diverse as the US recession is hard to quantify.