Fifth District Survey of Manufacturing Activity: Inventories of finished goods: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly
This series is part of the dataset: Fifth District Survey of Manufacturing Activity (Richmond FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about manufacturers collected by the Federal Reserve Bank of Richmond, the seasonally unadjusted diffusion index for inventories of finished goods (share of CEOs seeing a recent increase minus share reporting a decrease) was 5.0 in October 2026, compared to 4.0 in September 2026.
Sample. In this monthly time series, there are 354 records. The time period covered by the series extends from May 1997 to October 2026.
History. Here are a few statistics computed on the full sample: the diffusion index was equal on average to 17.2; it reached its minimum of -22.0 in November 2021; it reached its highest level of 48.0 in September 2000.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 6.00000 |
| 2026-09-30 | 4.00000 |
| 2026-10-31 | 5.00000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did finished goods inventories increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident indicator of the business cycle |
| Deflation method | Not applicable |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | Federal Reserve Bank of Richmond |
| Source type | Central bank |
| Data licence | Not copyrightable under U.S. law |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
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