Manufacturers’ and trade inventories in the US went up 0.3 percent from a month earlier in January of 2021, in line with market expectations and easing from an upwardly revised 0.8 percent growth in December. It was the seventh consecutive month of gains in business inventories. Stocks at manufacturers edged up 0.1 percent, slowing from a 0.3 percent advance in the previous month and inventories at retailers fell 0.5 percent, down from a 1.7 percent rise. Meantime, stocks at wholesalers rose faster (1.3 percent vs 0.6 percent). Year-on-year, business inventories dropped 1.8 percent. source: U.S. Census Bureau
Business Inventories in the United States averaged 0.26 percent from 1992 until 2021, 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 April of 2021.
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 2022, according to our econometric models.