Manufacturers’ and trade inventories in the US rose by 0.7 percent from a month earlier in September of 2020, following a 0.3 percent advance in August and slightly higher than market expectations of a 0.6 percent growth. Stocks increased at retailers (1.7 percent vs 0.5 percent in August) and at merchant wholesalers (0.4 percent vs 0.5 percent) while those at manufacturers were unchanged, the same as in the previous month. Year-on-year, business inventories went down 4.7 percent. source: U.S. Census Bureau
Business Inventories in the United States averaged 0.26 percent from 1992 until 2020, reaching an all time high of 1.30 percent in May of 1994 and a record low of -2.30 percent in May of 2020. This page provides - United States Business Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Business Inventories - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Business Inventories in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Inventories in the United States to stand at 0.30 in 12 months time. In the long-term, the United States Business Inventories is projected to trend around 0.20 percent in 2021, according to our econometric models.