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Gross private domestic investment: Change in private inventories (USD million; nominal) - United States - BEA - Quarterly

Latest updates. In the United States, the change in private inventories was -46 billion US dollars (annual rate) in 2025-Q2, versus 212 in 2025-Q1. This constitutes a reduction of 121.70 percent.

Sample. There are 314 records in the quarterly time series shown in the chart above. The series covers the time period going from March 1947 to June 2025.

History. Here's a snapshot of a few descriptive statistics computed on the entire sample: the change in private inventories had a mean value of 24 USD billion (annual rate); it peaked at 283 in March 2022; it reached a minimum of -283 in June 2020.

Latest values

Date Value - US dollars (USD) million
2024-12-31 17789.0
2025-03-31 212200.0
2025-06-30 -45790.0

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Series Metadata

Field Value
Description Gross private domestic investment: Change in private inventories
Country United States
Economic concept Flow
Data type Nominal aggregate
Deflation method Current prices
Seasonally adjusted Yes
Rescaling Annual rate
Frequency Quarterly
Unit US dollars (USD) million
Source Bureau of Economic Analysis (BEA)
Source type National statistical agency
Data licence Open Data
Measure type Level

Series in the same data set

Discover the other time series included in this data set.

GDP

Series Name Observations Start Date End Date
Gross domestic product (GDP) (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Main GDP components

Series Name Observations Start Date End Date
Personal consumption expenditures (PCE) (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Net exports of goods and services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

PCE components

Series Name Observations Start Date End Date
Personal consumption expenditures (PCE): Goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Personal consumption expenditures (PCE): Goods: Durable goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Personal consumption expenditures (PCE): Goods: Nondurable goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Personal consumption expenditures (PCE): Services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Investment components

Series Name Observations Start Date End Date
Gross private domestic investment: Fixed investment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential: Structures (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential: Equipment (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Fixed investment: Residential (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Gross private domestic investment: Change in private inventories (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Net exports components

Series Name Observations Start Date End Date
Exports (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Exports: Goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Exports: Services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Imports (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Imports: Goods (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Imports: Services (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Government spending components

Series Name Observations Start Date End Date
Government consumption expenditures and gross investment: Federal (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment: Federal: National defense (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment: Federal: Nondefense (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Government consumption expenditures and gross investment: State and local (USD million; nominal) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30