Manufacturers' Inventories, Goods in Process for United States
M0511AUSM027SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.38
Year-over-Year Change
3.85%
Date Range
1/1/1939 - 12/1/1953
Summary
The Manufacturers' Inventories, Goods in Process for United States measures the value of unfinished goods held by manufacturers. This provides insight into production capacity and supply chain dynamics.
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 data series tracks the dollar value of goods-in-process inventories held by U.S. manufacturers. It reflects the intermediate stage of production, offering an important indicator of production capacity and future output.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and investors to assess the health of the manufacturing sector and broader economic conditions.
Key Facts
- Measures unfinished goods held by U.S. manufacturers.
- Provides insight into production capacity and supply chains.
- Closely tracked by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the dollar value of goods-in-process inventories held by U.S. manufacturers, reflecting the intermediate stage of production.
Q: Why is this trend relevant for users or analysts?
A: This metric offers important insight into production capacity and future output, making it a closely watched indicator for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess the health of the manufacturing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Manufacturers' Inventories, Goods in Process for United States (M0511AUSM027SNBR), retrieved from FRED.