Real Changes in Inventories for Canada
NINVRSAXDCCAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
674.50
Year-over-Year Change
-91.35%
Date Range
1/1/1961 - 1/1/2025
Summary
This economic trend measures the real changes in inventories for Canada, which is a key indicator of economic activity and business investment.
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 Real Changes in Inventories for Canada tracks the change in the value of physical goods held in inventory by businesses over a given period. It provides insight into production and supply chain dynamics, as well as business confidence.
Methodology
The data is calculated by the Statistics Canada based on surveys of businesses and other economic indicators.
Historical Context
Inventory changes are closely watched by policymakers and analysts as a gauge of economic conditions and the business cycle.
Key Facts
- Inventories represent a key component of GDP.
- Rising inventories can signal economic expansion.
- Declining inventories may indicate production cutbacks.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the real, inflation-adjusted changes in the level of inventories held by businesses in Canada over time.
Q: Why is this trend relevant for users or analysts?
A: Inventory changes provide important insights into production, supply chain dynamics, and overall business confidence in the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Canada through surveys of businesses and other economic indicators.
Q: How is this trend used in economic policy?
A: Inventory changes are closely monitored by policymakers and analysts as a gauge of economic conditions and the business cycle.
Q: Are there update delays or limitations?
A: The inventory data is published quarterly with a delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Real Changes in Inventories for Canada (NINVRSAXDCCAQ), retrieved from FRED.