MarketXLS

Total Business Inventories 2.819T for 

Total Business Inventories came in at 2.819T for Aug 2026, up 0.42% from 2.807T the prior month and 4.58% above its level of 2.695T one year ago. The series has averaged 1.562T since 1992, reaching a record high of 2.819T in August 2026 and a record low of 801B in January 1992.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

Embed this chart

Preview ↗

Free to use on your site, blog, or newsletter. The chart stays current automatically. The snippet includes one small visible credit line below the chart, which you can keep or remove. Click the code to copy it.

<iframe src="https://marketxls.com/embed/indicators/business-inventories" width="100%" height="460" frameborder="0" title="Total Business Inventories chart"></iframe><p style="font:12px/1.4 sans-serif;margin:4px 0 0"><a href="https://marketxls.com/indicators/business-inventories" rel="nofollow">Total Business Inventories chart - MarketXLS</a></p>
Cite this data: "Total Business Inventories," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/business-inventories

Historical Data

⋮
⋮
August 1, 20262.819T
July 1, 20262.807T
June 1, 20262.782T
May 1, 20262.779T
April 1, 20262.769T
March 1, 20262.754T
February 1, 20262.727T
January 1, 20262.715T
December 1, 20252.715T
November 1, 20252.716T
October 1, 20252.71T
September 1, 20252.703T
August 1, 20252.695T
July 1, 20252.698T
June 1, 20252.695T
May 1, 20252.69T
April 1, 20252.69T
March 1, 20252.693T
February 1, 20252.691T
January 1, 20252.687T
⋮
⋮
April 1, 20091.377T
March 1, 20091.396T
February 1, 20091.416T
January 1, 20091.437T
December 1, 20081.455T
November 1, 20081.487T
October 1, 20081.503T
September 1, 20081.518T
August 1, 20081.528T
July 1, 20081.525T
June 1, 20081.516T
May 1, 20081.506T
April 1, 20081.503T
March 1, 20081.497T
February 1, 20081.496T
January 1, 20081.489T
December 1, 20071.478T
November 1, 20071.465T
October 1, 20071.455T
September 1, 20071.451T

About Total Business Inventories

What it measures

Total Business Inventories (FRED series BUSINV) measures the combined end-of-month dollar value of inventories held by US manufacturers, wholesalers, and retailers, published monthly by the Census Bureau in the Manufacturing and Trade Inventories and Sales report. It is seasonally adjusted, reported in current dollars, and arrives with roughly a six-week lag, accompanied by the closely watched inventories-to-sales ratio.

Why it matters

Inventory swings are a major amplifier of the business cycle: restocking adds to GDP growth while liquidation subtracts, and the change in private inventories is often the most volatile line in the national accounts. Economists use the series to refine GDP tracking estimates. Unintended inventory buildup foreshadows production cuts and discounting, while lean stocks signal that any demand pickup will pass straight through to new orders.

How to read it

Always read inventories against sales via the inventories-to-sales ratio, since rising stocks are healthy when demand is growing but ominous when sales stall. Distinguish voluntary restocking from involuntary accumulation by checking whether sales rose in the same period. The figures are nominal, so commodity price swings can move the dollar value without any change in physical stock levels.

Get Total Business Inventories in Excel

Pull Total Business Inventories directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=Inventories()

View the Inventories formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Total Business Inventories?

Total Business Inventories is 2.819T as of August 2026.

What is the all-time high and low of Total Business Inventories?

The highest value on record is 2.819T (August 2026) and the lowest is 801B (January 1992).

How often is Total Business Inventories updated?

Total Business Inventories is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Total Business Inventories in Excel?

Use the MarketXLS Excel formula =Inventories() to pull Total Business Inventories directly into any cell, with historical values available for analysis.

Basic info
Inventory refers to all the items, goods, merchandise, and materials held by businesses of the economy for selling in the market to earn a profit.
RegionUnited States
FrequencyMonthly
Last updatedOctober 15, 2026
Seasonal adjustmentSeasonally Adjusted
UnitMillions of Dollars

Stats
Last Value2.819T
Latest PeriodAug 2026
Last UpdatedOctober 15 2026, 09:03
Value Previous Month2.807T
Change From Previous Month0.42%
Value 1 Year Ago2.695T
Change From Year Ago4.58%
Average Growth Rate3.71%/yr
Record High (Aug 2026)2.819T
Record Low (Jan 1992)801B
Long-Term Average1.562T
FrequencyMonthly
AdjustmentSeasonally Adjusted
UnitMillions of Dollars

Annual Averages
20262.769T
20252.699T
20242.659T
20232.611T
20222.498T
20212.107T
20201.975T
20192.035T
20181.951T
20171.873T
20161.824T
20151.802T

Related Indicators
Industrial Production: Total Index
Capacity Utilization: Total Index
Advance Real Retail and Food Services Sales
US Light Vehicle Sales
Durable Goods Orders
Core Capital Goods Orders
Commercial and Industrial Loans
Total Consumer Credit
Corporate Profits After Tax
Housing Starts
Building Permits
Housing Units Under Construction
<< PREVIOUS INDICATOR
NEXT INDICATOR>>