Ratio of Manufacturers' Total Inventories to Shipments for Durable Goods Industries: Primary Metals : 1.68 (As of 2024-11-01)
Basic Info
It measures the ratio of unsold inventories of primary metals (such as steel, aluminum, and copper) to the value of those metals shipped over a given period. This ratio helps assess how efficiently manufacturers in the primary metals industry are managing their inventories relative to sales. The primary metals industry is closely tied to broader industrial and manufacturing health.
Monthly , seasonally adjusted .
Ratio of Manufacturers' Total Inventories to Shipments for Durable Goods Industries: Primary Metals was 1.68 as of 2024-11-01, according to United States Census Bureau. Historically, Ratio of Manufacturers' Total Inventories to Shipments for Durable Goods Industries: Primary Metals reached a record high of 2.37 and a record low of 1.34, the median value is 1.67. Typical value range is from 1.67 to 1.87. The Year-Over-Year growth is -2.88%. GuruFocus provides the current actual value, an historical data chart and related indicators for Ratio of Manufacturers' Total Inventories to Shipments for Durable Goods Industries: Primary Metals - last updated on 2024-11-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1.68 | ||
| Latest Period | 2024-11-01 | ||
| Long Term Average | 1.77 | ||
| Average Annualized Growth Rate | -0.05% | ||
| Value from 1 year ago | 1.73 | ||
| Change from 1 year ago | -2.89% | ||
| Frequency | Daily | ||
| Unit | Ratio | ||
| Download Source | source link |
Related Indicators
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