Total business inventories in the United States, a key component of the GDP, rose by 0.4% month-over-month in February 2024, after being unchanged in the prior month and compared with market forecasts of a 0.3% increase. Stocks went up at retailers (+0.6% vs +0.4% in January), merchant wholesalers (+0.5% vs -0.2%)) and manufacturers (+0.3% vs -0.1%). Year-on-year, business inventories increased by 1% in February. source: U.S. Census Bureau
Business Inventories in the United States increased 0.40 percent in February of 2024 over the previous month. Business Inventories in the United States averaged 0.30 percent from 1992 until 2024, reaching an all time high of 2.60 percent in December of 2021 and a record low of -2.40 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 2024.
Business Inventories in the United States increased 0.40 percent in February of 2024 over the previous month. Business Inventories in the United States is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.