Change in Manufacturers' Inventories, Purchased Materials for United States
M0513AUSM027SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.28
Year-over-Year Change
-589.47%
Date Range
1/1/1939 - 12/1/1953
Summary
This economic indicator tracks changes in the value of raw materials and supplies held by U.S. manufacturers. It provides insights into production levels and supply chain pressures.
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 Change in Manufacturers' Inventories, Purchased Materials measures the monthly change in the dollar value of raw materials, supplies, and other inputs held in inventory by manufacturing firms in the United States. It is a key metric for understanding production capacity, inventory management, and supply chain dynamics.
Methodology
The data is collected through surveys of U.S. manufacturing firms and calculated by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this indicator to assess the health of the manufacturing sector and broader economic conditions.
Key Facts
- Measures changes in value of raw materials held by U.S. manufacturers
- Provides insights into production levels and supply chain pressures
- Monitored by economists to assess manufacturing sector and broader economy
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly change in the dollar value of raw materials, supplies, and other inputs held in inventory by U.S. manufacturing firms.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into production capacity, inventory management, and supply chain dynamics within the manufacturing sector, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. manufacturing firms and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess the health of the manufacturing sector and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Change in Manufacturers' Inventories, Purchased Materials for United States (M0513AUSM027SNBR), retrieved from FRED.