|PDF Title||:||The Trader’s Guide to Key Economic Indicators|
|Total Page||:||306 Pages|
|PDF Size||:||5.31 MB|
|PDF Link||:||Read and Download|
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“Several economic reports address the inventory position of U.S. companies, but the most comprehensive is the monthly Manufacturing and Trade Inventories and Sales (MTIS) report. The MTIS report also referred to on the Street as the total business inventories report contains the most recent available inventory data for the manufacturing, wholesale, and retail sectors.
It is assembled by the U.S. Department of Commerce’s Census Bureau and released at 8:30 a.m. (ET), about six weeks after the reference month. The report for June 2011, for example, was distributed on August 12. Both the current report and historical data are available on the Commerce Department’s website, http:// www.economicindicators.gov.
Despite the importance of inventories to GDP and business management, the monthly MTIS report generally is ignored by the investment community and the business media.
One reason is that all the sales statistics it contains and two-thirds of the inventory data those for manufacturing and wholesalers have already been reported elsewhere. The only new information is on retail inventories, and all the figures are a month and a half old.”
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