Question 1

What is Total Business Inventories?

Accepted Answer

Effective June 14, 2001, data were reconstructed to reflect the switch from the Standard Industrial Classification (SIC) system to the North American Industry Classification System (NAICS).

Question 2

Where does Total Business Inventories data come from?

Accepted Answer

This dataset is sourced from FRED (FRED), a trusted provider of economic and financial data. DataSetIQ aggregates and standardizes this data for easy access and analysis.

Question 3

How often is Total Business Inventories updated?

Accepted Answer

This dataset is updated on a m basis by FRED. DataSetIQ syncs the latest data regularly to ensure you have access to the most current information.

Question 4

What time period does Total Business Inventories cover?

Accepted Answer

This dataset covers the period from 1992 to 2025. The temporal coverage allows for historical analysis and trend identification over 33 years of data.

Question 5

What units is Total Business Inventories measured in?

Accepted Answer

The data in this dataset is measured in Mil. of $. Understanding the measurement units is important for accurate interpretation and comparison with other datasets.

Question 6

What is the data quality score for Total Business Inventories?

Accepted Answer

Total Business Inventories has a DataSetIQ score of 88/100. This score measures data quality based on completeness, timeliness, consistency, and coverage metrics.

Total Business Inventories

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