Value of Manufacturers' Total Inventories for Capital Goods: Nondefense Capital Goods Industries : 231975 (As of 2024-11-01)
Basic Info
It measures the total value of unsold inventories of capital goods produced by manufacturers, excluding items intended for defense purposes. Nondefense capital goods include industrial machinery, technology, transportation equipment, and other goods that businesses use for production, operations, and expansion. Inventory levels of nondefense capital goods are closely tied to business investment cycles. Rising inventories may indicate slowing demand or overproduction, while lower inventories suggest strong business activity and investment in expanding operations.
Monthly, End of Period , seasonally adjusted . This series is a topical regrouping of the separate industry categories.
Value of Manufacturers' Total Inventories for Capital Goods: Nondefense Capital Goods Industries was 231975 as of 2024-11-01, according to United States Census Bureau. Historically, Value of Manufacturers' Total Inventories for Capital Goods: Nondefense Capital Goods Industries reached a record high of 232719 and a record low of 95789, the median value is 130527. Typical value range is from 172483 to 216009. The Year-Over-Year growth is 2.09%. GuruFocus provides the current actual value, an historical data chart and related indicators for Value of Manufacturers' Total Inventories for Capital Goods: Nondefense Capital Goods Industries - last updated on 2024-11-01.
Category | Production & Business Activity |
Region | USA |
Source | United States Census Bureau |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 231975 | ||
Latest Period | 2024-11-01 | ||
Long Term Average | 194,245.83 | ||
Average Annualized Growth Rate | +2.66% | ||
Value from 1 year ago | 227222 | ||
Change from 1 year ago | +2.09% | ||
Frequency | Daily | ||
Unit | Millions | ||
Download Source | source link |