Manufacturers' Inventories, Finished Goods for United States
M0510BUSM027NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.57
Year-over-Year Change
8.51%
Date Range
1/1/1953 - 3/1/1970
Summary
The Manufacturers' Inventories, Finished Goods for United States measures the value of finished goods held in inventory by U.S. manufacturers. This is an important economic indicator for assessing supply and demand trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series provides insight into the finished goods component of total manufacturers' inventories. It can signal whether manufacturers are building or drawing down inventories, which has implications for production, employment, and consumer prices.
Methodology
The data is collected through the U.S. Census Bureau's Monthly Manufacturers' Shipments, Inventories, and Orders survey.
Historical Context
Policymakers and analysts monitor this metric to gauge the health of the manufacturing sector and broader economic conditions.
Key Facts
- Finished goods represent the final stage of the manufacturing process.
- Inventory levels can signal changes in future production and sales.
- Declining finished goods inventories may indicate rising demand.
FAQs
Q: What does this economic trend measure?
A: This metric measures the dollar value of finished goods held in inventory by U.S. manufacturers. It provides insight into supply and demand conditions in the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Monitoring manufacturers' finished goods inventories is important for assessing the health of the manufacturing sector and overall economic conditions. Changes in inventory levels can signal shifts in production, employment, and consumer prices.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Monthly Manufacturers' Shipments, Inventories, and Orders survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely track this metric to gauge supply and demand dynamics in the manufacturing sector, which can inform decisions around monetary policy, fiscal policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 4-6 weeks. There may be revisions to previously reported figures as new information becomes available.
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Citation
U.S. Federal Reserve, Manufacturers' Inventories, Finished Goods for United States (M0510BUSM027NNBR), retrieved from FRED.