Ratio of Manufacturers' Total Inventories to Shipments for Durable Goods Industries : 1.84 (As of 2024-09-01)
Historical Data
Basic Info
Ratio of Manufacturers' Total Inventories to Shipments for Durable Goods Industries was 1.84 as of 2024-09-01, according to United States Census Bureau. Historically, Ratio of Manufacturers' Total Inventories to Shipments for Durable Goods Industries reached a record high of 2.39 and a record low of 1.31, the median value is 1.64. Typical value range is from 1.63 to 1.89. The Year-Over-Year growth is -0.54%. 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 - last updated on 2024-09-01.
It measures the relationship between the value of unsold durable goods held by manufacturers and the value of goods shipped over the same period. This ratio helps to assess inventory management within durable goods industries, such as automobiles, machinery, electronics, and furniture. A rising ratio indicates a buildup in inventories, possibly signaling weaker demand or overproduction, while a declining ratio suggests stronger demand or more efficient inventory turnover.
Monthly , seasonally adjusted .
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1.84 | ||
| Latest Period | 2024-09-01 | ||
| Long Term Average | 1.76 | ||
| Average Annualized Growth Rate | -0.33% | ||
| Value from 1 year ago | 1.85 | ||
| Change from 1 year ago | -0.54% | ||
| Frequency | Daily | ||
| Unit | Ratio | ||
| Download Source | AMDMIS.txt |
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