Gross Private Domestic Investment Change in Business Inventories, Current Dollars for United States
Q0503AUSQ244SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
-54.05%
Date Range
1/1/1921 - 10/1/1939
Summary
The Gross Private Domestic Investment Change in Business Inventories, Current Dollars for the United States measures the change in the value of unsold goods held by businesses. This metric provides insight into 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
This indicator tracks the net change in the physical volume of inventories, including raw materials, work-in-process, and finished goods held by private businesses. It is a key component of the Gross Domestic Product (GDP) and can signal changes in future production and sales.
Methodology
The data is collected through surveys of private businesses and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Analysts and policymakers monitor this metric to assess the overall state of the economy and guide fiscal and monetary policy decisions.
Key Facts
- Inventory changes can signal future production and sales trends.
- Positive inventory growth indicates increased investment, while negative growth signals a drawdown of inventories.
- Inventory data is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the net change in the physical volume of inventories held by private businesses, including raw materials, work-in-process, and finished goods.
Q: Why is this trend relevant for users or analysts?
A: Inventory changes provide insight into the overall state of the economy and can signal future production and sales trends, making this metric important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private businesses and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this metric to assess the overall state of the economy and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The inventory data is published quarterly by the U.S. Bureau of Economic Analysis, with a typical delay of several weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, Gross Private Domestic Investment Change in Business Inventories, Current Dollars for United States (Q0503AUSQ244SNBR), retrieved from FRED.