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Economic Indicators

Issue: #437

August 22, 2016  

About the CIC:

The Census Information Center of Eastern Oklahoma provides access to data generated from the US Census Bureau and through the Community Service Council's Data and Systems Development Task Forces. 

New U.S. Census Bureau Report on Advance Economic Indicators



The U.S. Census Bureau will introduce a new release, the "Advance Economic Indicators Report." This summary level report will combine the release of advance statistics on trade in goods, which are currently presented in the "Advance Report: U.S. International Trade in Goods," with the release of new advance estimates for retail and wholesale inventories. With this new report, the Census Bureau will also discontinue the current version of the "Advance Report: U.S. International Trade in Goods." The new report will:
  • Be released monthly, 25 to 29 calendar days after the close of the reference month.
  • Consist of three tables:
    • Table 1. U.S. International Trade in Goods by Principal End-Use Category, which presents levels and percent changes for the advance statistics on trade in goods by principal end-use categories. This table will include statistics for the reference month, the prior two months, and the same reference month in the prior year. For example, the July 28 release will include statistics for June 2016, May 2016, April 2016, and June 2015.
    • Table 2. Levels and Percent Changes for Inventories, which presents levels and percent changes for the advance estimates for retail and wholesale inventories. This table will include statistics for the reference month, the prior month, and the same reference month in the prior year. For example, the July 28 release will include statistics for June 2016, May 2016, and June 2015.
    • Table 3. Estimated Measures of Sampling Variability, which presents estimated measures of sampling variability for the advance estimates for retail and wholesale inventories. This table will include statistics for the reference month, the prior month, and the same reference month in the prior year. For example, the July 28 release will include statistics for June 2016, May 2016, and June 2015.
  • Contain both seasonally adjusted and not seasonally adjusted statistics and estimates.
  • Include statistics for international trade in goods on a Census basis by principal end-use category.
  • Not include statistics for trade in goods on a balance of payments basis or statistics for trade in services, which are both featured in the FT-900.
  • Include estimates for total retail inventories, for total retail inventories excluding motor vehicle and parts dealers, and for retail inventories for motor vehicle and parts dealers.
  • Include estimates for total merchant wholesale inventories excluding manufacturers' sales branches and offices, for total merchant wholesale durable goods inventories, and for total merchant wholesale nondurable goods inventories.
Advance Economic Indicators Report sample file (PDF) (updated 5/18/2016): [ XLS ] [ PDF ]
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Until Next Week,
 
Jan Figart 
Census Information Center
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