Economic Event | Business Inventories |
Units | Percentage Change from Previous Period |
Current Period | Jun 2009 |
Release Date | Aug. 13. 09 |
Reported | -1.1 |
Consensus for Current Period | -1 |
Number of Forecasts | 7 |
Economic Surprise | -0.1 ( -10.00 % ) |
Prior Period | May 2009 |
Reported Value for Prior Period | -1.2 |
Revised From | -1 |
Next Release Date | Sep. 15. 09 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.census.gov/mtis/www/mtis_current.html |
Note | |
Description | The corporate profits and inventory data are a great resource in the GDP report for equity investors, since these items show total growth during the period. Empirical work has shown that significant surprises in Business Inventories are correlated with stock price movements. |