Manufacturers’ and trade inventories in the US rose by 0.7 percent from a month earlier in October 2020, following an upwardly revised 0.8 percent growth in September and in line with market expectations. Stocks increased at merchant wholesalers (1.1 percent vs 0.9 percent), retailers (0.9 percent vs 1.6 percent), and manufacturers (0.2 percent vs -0.1 percent). source: U.S. Census Bureau
Business Inventories in the United States averaged 0.26 percent from 1992 until 2020, 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 December of 2020.
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 2021, according to our econometric models.