Value of Manufacturers' Total Inventories for Information Technology Industries : 45608 (As of 2024-11-01)
Historical Data
Basic Info
Value of Manufacturers' Total Inventories for Information Technology Industries was 45608 as of 2024-11-01, according to United States Census Bureau. Historically, Value of Manufacturers' Total Inventories for Information Technology Industries reached a record high of 53721 and a record low of 33152, the median value is 39674. Typical value range is from 37 to 44. The Year-Over-Year growth is -0.71%. GuruFocus provides the current actual value, an historical data chart and related indicators for Value of Manufacturers' Total Inventories for Information Technology Industries - last updated on 2024-11-01.
It tracks the total monetary value of unsold IT products held by manufacturers. This includes a broad range of technology hardware and components such as computers, semiconductors, telecommunications equipment, and peripheral devices. Rising inventories in the IT sector may indicate slowing demand for tech products, overproduction, or supply chain bottlenecks. Lower inventory levels can signal strong demand, particularly from sectors like consumer electronics, cloud computing, and telecommunications.
Monthly, End of Period , seasonally adjusted . This series is a topical regrouping of the separate industry categories.
Category | Production & Business Activity |
Region | USA |
Source | United States Census Bureau |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 45608 | ||
Latest Period | 2024-11-01 | ||
Long Term Average | 40,579.13 | ||
Average Annualized Growth Rate | +0.36% | ||
Value from 1 year ago | 45934 | ||
Change from 1 year ago | -0.71% | ||
Frequency | Daily | ||
Unit | Millions | ||
Download Source | AITITI.txt |