Federal Budget Receipts, Miscellaneous Internal Revenue for United States

Millions of Dollars, Monthly, Not Seasonally Adjusted

M1503BUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,031.78

Year-over-Year Change

5.38%

Date Range

1/1/1954 - 4/1/1959

Summary

This economic indicator measures the value of manufacturing and trade inventories in the United States on a monthly basis. It is a key metric for analyzing business cycles and inventory management 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

The Millions of Dollars, Monthly, Not Seasonally Adjusted series represents the total dollar value of inventories held by manufacturing, wholesale, and retail trade establishments. It is used to gauge the overall state of business inventories and production pipelines.

Methodology

The data is collected through monthly surveys of U.S. businesses.

Historical Context

Inventory levels are closely monitored by economists and policymakers as an indicator of economic activity and future production plans.

Key Facts

  • Inventories reached a record high of $2.4 trillion in 2022.
  • Inventory-to-sales ratios are closely watched for signs of imbalances.
  • Inventory movements can signal changes in production, sales, and investment.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the total dollar value of inventories held by manufacturing, wholesale, and retail trade establishments in the United States on a monthly basis.

Q: Why is this trend relevant for users or analysts?

A: Inventory levels are a key indicator of economic activity, production plans, and supply chain dynamics. Monitoring inventory trends helps economists and policymakers assess the overall state of the economy.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of U.S. businesses.

Q: How is this trend used in economic policy?

A: Inventory data is closely watched by the Federal Reserve and other policymakers as an indicator of economic conditions and future production plans. Changes in inventory levels can signal shifts in consumer demand, supply chain issues, or inventory management strategies.

Q: Are there update delays or limitations?

A: The inventory data is published monthly with a typical 1-2 month lag, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Millions of Dollars, Monthly, Not Seasonally Adjusted (M1503BUSM144NNBR), retrieved from FRED.