Economic Event | Business Inventories |
Units | Percentage Change from Previous Period |
Current Period | Mar 2011 |
Release Date | May. 12. 11 |
Reported | 1 |
Consensus for Current Period | 0.8 |
Number of Forecasts | 6 |
Economic Surprise | 0.2 ( 25.00 % ) |
Prior Period | Feb 2011 |
Reported Value for Prior Period | 0.7 |
Revised From | 0.5 |
Next Release Date | Jun. 14. 11 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.census.gov/mtis/www/data/pdf/mtis_current.pdf |
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. |