# United States Total Business Inventories

United States Total Business Inventories was up 4.6% year on year in August 2026, compared with 4.0% in July 2026.
The level stood at 2,818,757 USD m.
That is the highest reading since May 2023.
Over the past ten years it has ranged from −5.8% (Jul 2020) to 21.7% (Jun 2022), averaging 4.4%.

- Source agency: U.S. Census Bureau
- Makrognosis code: `US.BUSINV.M.SA`
- Frequency: monthly
- Units: USD m
- Coverage: 1996-01-01 to 2026-08-01 (368 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/total-business-inventories

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| August 2026 | 2,818,757 USD m | 4.6 |
| July 2026 | 2,807,083 USD m | 4.0 |
| June 2026 | 2,782,459 USD m | 3.2 |
| May 2026 | 2,779,297 USD m | 3.3 |
| April 2026 | 2,768,760 USD m | 2.9 |
| March 2026 | 2,753,536 USD m | 2.3 |
| February 2026 | 2,726,854 USD m | 1.3 |
| January 2026 | 2,715,293 USD m | 1.0 |
| December 2025 | 2,714,847 USD m | 1.4 |
| November 2025 | 2,716,493 USD m | 1.1 |
| October 2025 | 2,710,258 USD m | 1.2 |
| September 2025 | 2,703,132 USD m | 1.1 |
| August 2025 | 2,695,242 USD m | 0.8 |
| July 2025 | 2,697,987 USD m | 1.2 |
| June 2025 | 2,695,066 USD m | 1.4 |
| May 2025 | 2,689,596 USD m | 1.4 |
| April 2025 | 2,690,464 USD m | 1.9 |
| March 2025 | 2,692,787 USD m | 2.2 |
| February 2025 | 2,690,892 USD m | 2.0 |
| January 2025 | 2,687,443 USD m | 2.2 |
| December 2024 | 2,677,321 USD m | 1.6 |
| November 2024 | 2,685,880 USD m | 2.5 |
| October 2024 | 2,677,991 USD m | 2.2 |
| September 2024 | 2,674,777 USD m | 2.0 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.BUSINV.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.BUSINV.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```
