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 0.50 in 12 months time. In the long-term, the United States Business Inventories is projected to trend around 0.20 percent in 2020, according to our econometric models.


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United States Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 57.7 56 53 55 57 52
Manufacturing PMI 55.7 53 52.1 52.8 53.2 51
Services PMI 54.8 53.4 53.1 54 55.3 54.8
Non Manufacturing PMI 60.3 54.6 54 54.2 56 52
Composite Pmi 54.9 53.3 55.2 55.4 54.2 55.1
Industrial Production 4.1 3 2.9 3 2.6 1.1
Industrial Production Mom 0.1 0.4 0.3 0.4 0.2 0.2
Manufacturing Production 2.7 2.1 1.8 2.38 2.31 1.9
Capacity Utilization 78.4 78.3 78.5 78.6 78.82 78
Durable Goods Orders 0.8 2.5 -1.5 2.2 1.5 2.4
Durable Goods Orders Ex Defense -0.6 2 -0.8 1.8 1.2 1.3
Durable Goods Orders Ex Transportation 0.1 0.7 0.3 0.5 0.3 0.1
Factory Orders Ex Transportation 0.4 0.8 0.3 1.2 0.5 1
New Orders 515334 519608 521513 522309 522632 522844
Factory Orders 0.7 1.5 -0.9 2.2 1.8 0.8
Business Inventories 0.3 0.2 0.4 0.3 0.5 0.2
Changes in Inventories 76.33 69 52.68 74.01 47.79 75
Wholesale Inventories 0.4 0.5 0.3 0.4 0.55 0.2
Bankruptcies 22103 21769 21569 21575 21436 21498
Corporate Profits 2008 2058 2074 2088 2102 2219
NFIB Business Optimism Index 107 105 107 105 102 97
Ism New York Index 69.8 55 56 53.9 60 55.9
Philadelphia Fed Manufacturing Index 12.9 21 25 9.41 10 16
NY Empire State Manufacturing Index 23.3 21 19 17 22 10
Richmond Fed Manufacturing Index 15 5 10 11 7 3
Chicago Fed National Activity Index 0.17 0.9 0.7 0.25 0.23 0.05
Dallas Fed Manufacturing Index 29.4 27.9 20.1 28.6 29.16 12
Chicago Pmi 58.4 59.1 61 58 56 56
Car Production 2.78 2.97 3.1 3.2 3.1 3.54
Car Registrations 443 466 484 469 463 471
Total Vehicle Sales 17.57 17.4 16.9 17 18 17.3
Crude Oil Stocks Change 10.27 -2 2.5 4.5 3.8 2.6
Natural Gas Stocks Change 39 -180 -55 75 55 -200
Gasoline Stocks Change -1411 1000 2200 -1600 -1200 2000
Leading Economic Index 124 125 126 127 128 134
Internet Speed 18748 23553 24392 24867 25327 29875
IP Addresses 128949703 129684171 129654649 129670238 129654406 129691461
API Crude Oil Stock Change 8.79 6.2 4.8 -3.2 5.2 2
Crude Oil Rigs 888 902 916 921 922 923
Corruption Index 75 75 75 75 75 75
Corruption Rank 16 16 16 16 16 16
Competitiveness Index 85.64 86.14 86.14 86.14 86.14 88.64
Competitiveness Rank 1 1 1 1 1 1
Ease of Doing Business 8 6 7 8 8 6
Steel Production 7251 6870 7352 7279 7285 7150
Mining Production 13.1 11 9 11 13.88 4