September 26, 2021

New Data Resource: U.S. Census Releases First Ever Advance Economic Indicators Report

From the U.S. Census:

Today the U.S. Census Bureau released its first ever Advance Economic Indicators Report that combines the release of advance statistics on international trade in goods with new advance estimates for retail and wholesale inventories. This summary level report contains select aggregate levels for retail and wholesale trade inventories.

Background

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.

Additional Background Here and Here

Direct to Advance Economic Indicators Report

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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