Manufacturing and Trade Inventory and Sales

{
  "id": "MLC-T-ECS-001131",
  "term": "Manufacturing and Trade Inventory and Sales",
  "field": "Economic statistics",
  "definition": "Provides monthly measures of combined changes in domestic retail trade, wholesale trade and manufacturers' activities.\n\nRetail firms provide data on dollar value of retail sales and sales for selected establishments; a subsample of firms also provide data on the value of end-of-month inventories.\n\nWholesale companies provide data on dollar values of merchant wholesalers sales and end-of-month inventories.\n\nManufacturing companies provide data on value of shipments; new orders (net of cancellations); end-of-month total inventory, materials and supplies, work-in-process and finished goods inventories.\n\nMTIS is one of the Principal Economic Indicators defined by the Office of Management and Budget (OMB). The U.S. Census Bureau releases 13 Principal Economic Indicators on a monthly or quarterly basis.",
  "abbreviation": "MTIS",
  "see_also": [
    "Business and Industry",
    "Economic Census",
    "Economic Indicators",
    "Industry Statistics Portal",
    "Manufacturing",
    "North American Industry Classification System",
    "Retail Trade",
    "Wholesale Trade"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/manufacturing-and-trade-inventory-and-sales/"
}