Track US Business Inventories m/m to gauge future business spending trends and economic health.
This indicator reflects anticipated business expenditure, as firms tend to buy more goods once they have reduced their stock levels.
What it Measures
It tracks the variance in the total value of goods stored by manufacturers, wholesalers, and retailers.
Usual Effect
When the 'Actual' figure is lower than the 'Forecast', it typically benefits the currency.
Source & Frequency
Census Bureau (latest release) - https://www.census.gov/ • Data is released monthly, approximately 45 days after the conclusion of the month.
How Data is Derived
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Also Known As
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Acronym
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