Millions of Dollars, Not Seasonally Adjusted
This dataset tracks millions of dollars, not seasonally adjusted over time.
Latest Value
55475.00
Year-over-Year Change
10.67%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the value of U.S. manufacturing and trade inventories in millions of dollars, reported on a monthly basis without seasonal adjustments.
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 Millions of Dollars, Not Seasonally Adjusted metric tracks the total dollar value of inventories held by U.S. manufacturing and trade businesses. It provides insight into production, sales, and supply chain dynamics across the economy.
Methodology
The data is collected through monthly surveys of U.S. businesses.
Historical Context
This indicator is closely monitored by economists and policymakers to assess the health of the broader economy.
Key Facts
- Inventories reached a record high of $2.4 trillion in January 2023.
- Inventory levels are a key indicator of economic activity and future production.
- Rapid inventory buildup can signal optimism, while drawdowns may signal weaker demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of inventories held by U.S. manufacturing and trade businesses on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Inventory levels provide important insights into production, sales, and supply chain dynamics across the economy, making this a closely watched indicator by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the overall health of the U.S. economy and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 6-8 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (S4238SM144NCEN), retrieved from FRED.