Production: Manufacturing: Intermediate Goods: Total for Austria
Quarterly, Not Seasonally Adjusted
PRMNIG01ATQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.03
Year-over-Year Change
9.92%
Date Range
1/1/1960 - 7/1/2023
Summary
The Quarterly, Not Seasonally Adjusted trend measures the value of manufacturing and trade inventories, providing insights into the health of the U.S. economy.
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 economic indicator tracks the total dollar value of inventories held by manufacturers, wholesalers, and retailers on a quarterly basis without seasonal adjustments. It serves as an important barometer of economic activity and production efficiency.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Inventory levels are closely monitored by policymakers and analysts to assess near-term economic conditions and forecast future growth.
Key Facts
- Inventories peaked at $2.13 trillion in Q4 2021.
- Inventory-to-sales ratio was 1.35 in Q1 2023.
- Inventory growth has moderated since 2022 amid supply chain disruptions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures the total dollar value of inventories held by manufacturers, wholesalers, and retailers in the United States.
Q: Why is this trend relevant for users or analysts?
A: Inventory levels are a key indicator of economic activity and production efficiency, providing insights into supply chain dynamics, consumer demand, and near-term growth prospects.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor inventory levels to assess current economic conditions and inform future policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMNIG01ATQ661N), retrieved from FRED.