Nominal Changes in Inventories for Australia
Annual, Not Seasonally Adjusted
NINVXDCAUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,029.00
Year-over-Year Change
32.30%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic indicator measures total nonresidential fixed investment in the United States. It is a key metric for understanding business spending and economic growth.
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
Nonresidential fixed investment refers to the acquisition of new or used assets, such as equipment, software, and structures, by private businesses. This metric provides insight into business investment and capital expenditures, which are important drivers of productivity and economic expansion.
Methodology
The data is compiled by the U.S. Bureau of Economic Analysis based on surveys of businesses and government entities.
Historical Context
Policymakers and analysts monitor nonresidential investment to gauge the health of the broader economy and inform decisions about fiscal and monetary policy.
Key Facts
- Nonresidential investment accounts for over 13% of U.S. GDP.
- Investment in equipment and software makes up the largest share of nonresidential fixed investment.
- Nonresidential investment grew by 2.1% in 2021 following a decline in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' indicator measures total nonresidential fixed investment in the United States, which includes business spending on equipment, software, and structures.
Q: Why is this trend relevant for users or analysts?
A: Nonresidential investment is a key indicator of business confidence and economic growth, as it reflects companies' willingness to invest in capital expenditures and expand their productive capacity.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis based on surveys of businesses and government entities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor nonresidential investment to gauge the health of the broader economy and inform decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The 'Annual, Not Seasonally Adjusted' data is released quarterly with a delay of approximately two months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NINVXDCAUA), retrieved from FRED.