Manufacturers' Inventories to Shipments Ratios: Miscellaneous Products : 1.9 (As of 2024-11-01)
Basic Info
It tracks the ratio of unsold inventories of miscellaneous manufactured goods to the value of those goods that have been shipped within the same period. This ratio reflects how efficiently manufacturers in diverse product categories are managing their stock relative to sales. A rising ratio indicates an accumulation of unsold goods, suggesting potential overproduction or weaker demand, while a declining ratio points to strong sales and more efficient inventory management.
Monthly , seasonally adjusted .
Manufacturers' Inventories to Shipments Ratios: Miscellaneous Products was 1.9 as of 2024-11-01, according to United States Census Bureau. Historically, Manufacturers' Inventories to Shipments Ratios: Miscellaneous Products reached a record high of 2.15 and a record low of 1.53, the median value is 1.76. Typical value range is from 1.71 to 1.91. The Year-Over-Year growth is -1.04%. GuruFocus provides the current actual value, an historical data chart and related indicators for Manufacturers' Inventories to Shipments Ratios: Miscellaneous Products - last updated on 2024-11-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1.9 | ||
| Latest Period | 2024-11-01 | ||
| Long Term Average | 1.81 | ||
| Average Annualized Growth Rate | -0.38% | ||
| Value from 1 year ago | 1.92 | ||
| Change from 1 year ago | -1.04% | ||
| Frequency | Daily | ||
| Unit | Ratio | ||
| Download Source | source link |
Related Indicators
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