Manufacturers' Inventories, Nondurable Goods Industries for United States
M0519BUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,322.00
Year-over-Year Change
5.43%
Date Range
1/1/1947 - 9/1/1968
Summary
This economic trend measures inventories held by U.S. manufacturers in nondurable goods industries. It provides insights into production and supply chain dynamics that are important for economists and policymakers.
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
The Manufacturers' Inventories, Nondurable Goods Industries metric tracks the value of physical goods held in inventory by manufacturers producing non-durable consumer products. This data point helps analysts assess production capacity, inventory management, and the overall health of the manufacturing sector.
Methodology
The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Historical Context
Inventory levels are a key indicator used by the Federal Reserve and other institutions to monitor economic conditions and guide policy decisions.
Key Facts
- Nondurable goods include products like food, clothing, and fuel.
- Inventory levels signal production capacity and supply chain efficiency.
- Trends in this metric are closely watched by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the value of physical goods held in inventory by U.S. manufacturers producing non-durable consumer products.
Q: Why is this trend relevant for users or analysts?
A: Inventory levels provide insights into production capacity, supply chain dynamics, and the overall health of the manufacturing sector, which are important factors for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Inventory levels are a key indicator used by the Federal Reserve and other institutions to monitor economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for minor revisions over time.
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Citation
U.S. Federal Reserve, Manufacturers' Inventories, Nondurable Goods Industries for United States (M0519BUSM144NNBR), retrieved from FRED.