Nominal Private Sector, Changes in Inventories for Australia
Annual, Not Seasonally Adjusted
NINVPXDCAUA • 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' series measures total private nonresidential fixed investment in the United States. This metric is a key indicator of business confidence and economic growth potential.
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 productive assets like equipment, software, and structures by private businesses. This data provides insights into capital expenditures and firms' willingness to invest in future productivity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Policymakers and analysts monitor this trend to assess the health of the broader economy and guide decisions on interest rates, tax policy, and other economic interventions.
Key Facts
- Annual private nonresidential fixed investment exceeded $2 trillion in 2022.
- Investment in equipment accounts for over 50% of total nonresidential fixed investment.
- Nonresidential investment growth is a leading indicator of future GDP expansion.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures total private nonresidential fixed investment in the United States, which includes business spending on equipment, structures, and intellectual property products.
Q: Why is this trend relevant for users or analysts?
A: Nonresidential fixed investment is a key indicator of business confidence and economic growth potential, as it reflects companies' willingness to invest in future productivity and capacity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of the broader economy and guide decisions on interest rates, tax policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The 'Annual, Not Seasonally Adjusted' data is published with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NINVPXDCAUA), retrieved from FRED.