Level calculated as QFR Table 1.1 - Balance Sheet for Corporations in the NAICS Manufacturing Sector, All Total Asset Sizes, line Inventories, multiplied by a benchmark ratio of SOI inventories to QFR manufacturing inventories. SOI inventories are calculated as the most recent SOI Corporation Income Tax Returns, Returns of Active Corporations, Table 6 - Balance Sheet, Income Statement, Tax, and Other Selected Items, by Major Industry, excluding the industries of manufacturing, finance and insurance, management of companies, and unpublished detail on equity REITs line Inventories. Unadjusted transactions are the change in the level; seasonally adjusted transactions are obtained using X-13-ARIMA procedure.
Last edited on: 09/19/2019