Manufacturers’ and trade inventories in the US rose 1.4 percent from a month earlier in May of 2022, picking up from an upwardly revised 1.3 percent gain in the prior month and slightly above market expectations of a 1.3 percent increase. Stocks rose at a faster pace for manufacturers (1.3 percent vs 0.8 percent in April) and retailers (1.1 percent vs 0.8 percent), while inventory growth eased for merchant wholesalers (1.8 percent vs 2.3 percent). Year-on-year, business inventories jumped by 17.7 percent in May. source: U.S. Census Bureau
Business Inventories in the United States averaged 0.30 percent from 1992 until 2022, reaching an all time high of 2.40 percent in March of 2022 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 August of 2022.
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. In the long-term, the United States Business Inventories is projected to trend around 0.30 percent in 2023 and 0.20 percent in 2024, according to our econometric models.