Inventories
Returns total business inventories including manufacturing, wholesale, and retail inventories in billions of dollars.
Data Details
| Attribute | Value |
|---|---|
| Source | Census Bureau / FRED |
| Frequency | Monthly |
| Unit | Billions of USD |
| Coverage | Manufacturing, wholesale, retail |
Notes
- Rising inventories may indicate slowing sales or preparation for increased demand
- Falling inventories may indicate strong sales or supply chain issues
- Part of the inventory-to-sales ratio analysis
Syntax
=Inventories()Examples
=Inventories()=Inventories()/1000When to Use
- Tracking business inventory levels
- Analyzing supply chain conditions
- Economic research on business cycles
- Forecasting production needs
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need industrial production | IndustrialProduction() |
| Need manufacturing orders | ManufactureOrdersDurables() |
| Need capacity utilization | CapacityUtilisation() |
Common Issues & FAQ
What unit is the result in?
Billions of U.S. dollars.
What sectors are included?
Manufacturing, wholesale, and retail inventories.
How often is it updated?
Monthly, with about a 6-week lag.
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