U S. International Trade in Goods and Services, April 2025 U.S. Bureau of Economic Analysis BEA
The difference between finished goods and inventory is finished goods are ready for sale and shipment; inventory is any material or product that is used to make finished goods. Let’s say your starting inventory is $3,481, your cost of goods manufactured is $5,000, and your cost of goods sold is $2,090. Finished goods are valued […]