Manufacturers’ and trade inventories in the US dropped 2.3 percent from a month earlier in May 2020, following an upwardly revised 1.4 percent fall in April and matching market expectations. It was the biggest decline in business inventories on record, amid the coronavirus pandemic. Stocks dropped at retailers (-6.2 percent vs -3.8 percent in April) and wholesalers (-1.2 percent vs 0.2 percent). Meanwhile, stocks at manufacturers rose 0.2 percent, rebounding from an upwardly revised 0.5 percent fall in the prior month. Year-on-year, business inventories went down 4.8 percent.

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 August of 2020. source: U.S. Census Bureau

Business Inventories in the United States is expected to be 0.30 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 0.50 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.

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United States Business Inventories

Actual Previous Highest Lowest Dates Unit Frequency
-2.30 -1.40 1.30 -2.30 1992 - 2020 percent Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-15 02:00 PM Feb -0.4% -0.3% -0.4% -0.6%
2020-05-15 02:00 PM Mar -0.2% -0.5% -0.2% -0.5%
2020-06-16 02:00 PM Apr -1.3% -0.3% -0.8% -0.6%
2020-07-16 02:00 PM May -2.3% -1.4% -2.3% -1.8%
2020-08-14 02:00 PM Jun -2.3% -1.2% -1.4%
2020-09-16 02:00 PM Jul
2020-10-16 02:00 PM Aug
2020-11-17 03:00 PM Sep 0.3%


News Stream
US Business Inventories Fall the Most on Record
Manufacturers’ and trade inventories in the US dropped 2.3 percent from a month earlier in May 2020, following an upwardly revised 1.4 percent fall in April and matching market expectations. It was the biggest decline in business inventories on record, amid the coronavirus pandemic. Stocks dropped at retailers (-6.2 percent vs -3.8 percent in April) and wholesalers (-1.2 percent vs 0.2 percent). Meanwhile, stocks at manufacturers rose 0.2 percent, rebounding from an upwardly revised 0.5 percent fall in the prior month. Year-on-year, business inventories went down 4.8 percent.
2020-07-16
US Business Inventories Fall the Most Since 2009
Manufacturers’ and trade inventories in the US fell 1.3 percent from a month earlier in April of 2020, following an upwardly revised 0.3 percent drop in March and compared with market expectations of a 0.8% decline. It was the biggest fall in business inventories since August of 2009, as stocks went down at retailers (-3.7 percent vs 1.1 percent in March) and manufacturers (-0.4 percent vs -1.1 percent). On the other hand, inventories at wholesalers increased 0.3 percent, rebounding from a 1.1 percent decrease. Year-on-year, business inventories slid 2.2. percent.
2020-06-16
US Business Inventories Fall 0.2%
Manufacturers’ and trade inventories in the US fell 0.2 percent from a month earlier in March of 2020, following an upwardly revised 0.5 percent drop in February and matching market expectations. Inventories declined faster for both wholesalers (-0.8 percent vs -0.7 percent) and manufacturers (-0.8 percent vs -0.4 percent). On the other hand, stocks at retailers increased 1 percent, rebounding from a 0.3 percent decrease. Year-on-year, business inventories edged down 0.3 percent.
2020-05-15
US Business Inventories Drop 0.4%
Manufacturers’ and trade inventories in the US fell 0.4 percent from a month earlier in February of 2020, following an upwardly revised 0.3 percent drop in January and matching market expectations. Inventories declined for auto/parts (-0.8 percent); wholesalers (-0.7 percent); manufacturers (-0.4 percent); and retailers (-0.3 percent). Year-on-year, business inventories edged down 0.1 percent.
2020-04-15

United States Business Inventories
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.