BTS Sales Index decreased by 0.3 points (0.3%) in the month of June,
down to 105.4. The 1,000 companies surveyed for the BTS Sales Index
reported a decrease in aggregate revenue of $8 billion, down to $3.279
trillion from $3.287 trillion in May. This is the third consecutive
month of decreases for the index, which BTS began tracking in October
Key factors contributing to the decline included wage growth at a
moderate pace compared to higher growth rates earlier this year. Further
federal increases to interest rates are expected moving forward.
Employment in key industries such as manufacturing, construction,
business services, leisure and hospitality all increased in June, while
the retail sector showed a decrease. Furthermore, fears of trade wars
with China, the European Union and other trading partners may soon
impact many sectors, particularly manufacturing.
What is the BTS Sales Index?
The BTS Sales Index is a simple and predictive monthly metric that gives
enterprise leaders the right vantage point by which to view their
critical business decisions.
It represents the aggregate total revenue of the 1,000 largest publicly
traded companies in the U.S. in one easy-to-understand number. Every
month, the total revenue reported by these companies is run through BTS’
custom-built indexing tool. The index uses Q2 2013 numbers as a baseline
based on the quarter’s stable economic recovery indicators.
The BTS Sales Index is published in the first week of every month,
reflecting the previous month’s data, along with context such as
industry-specific trends and job rates that impact revenue.
Find the BTS Sales Index here.
BTS is a global professional services firm headquartered in Stockholm,
Sweden, with 650 professionals in 33 offices located on six continents.
We focus on the people side of strategy, working with leaders at all
levels to help them make better decisions, convert those decisions to
actions and deliver results. For 30 years, we’ve been designing fun,
powerful experiences that have a profound and lasting impact on people
and their careers. It’s strategy made personal.
BTS is a public company trading on the Nasdaq Stockholm under the symbol
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