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United States Business Inventories
Last Release
May 31, 2024
Actual
0.5
Units In
%
Previous
0.3
Frequency
Monthly
Next Release
Aug 15, 2024
Time to Release
29 Days 3 Hours
Highest | Lowest | Average | Date Range | Source |
2.1 Dec 2021 | -2.3 May 2020 | 0.3 % | 1992-2024 | U.S. Census Bureau |
Business Inventories in the United States measure the monthly percentage changes in inventories from manufacturers, retailers, and wholesalers. Inventories are a key component of gross domestic product.
Latest Updates
Total business inventories in the United States, a key component of the GDP, rose by 0.5% month-over-month in May 2024, following a 0.3% increase in the prior month and beating market forecasts of 0.3%. Stocks went up at retailers (+0.6%), merchant wholesalers (+0.6%) and manufacturers (+0.2%). Year-on-year, business inventories increased by 1.6% in May.
United States Business Inventories History
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