SAN FRANCISCO--(BUSINESS WIRE)--The BTS Sales Index increased by 0.8 points (0.8%) in the month of January, up to 103.5. The 1,000 companies of the BTS Sales Index reported aggregate revenue up $3.220 trillion from $3.195 trillion in December.
The BTS Sales Index saw an increase in revenue levels during January. Significant growth in global economies positively impacted US trade. Strong growth in the Service sector along with Construction and Manufacturing also led to January’s revenue increase. The substantial number of private jobs added to the economy may eventually make it harder to companies to find qualified talent. Business spending continues to increase due to corporate tax cuts, and is expected to continue.
What is the BTS Sales Index?
The BTS Sales Index provides a simple and easy-to-understand 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 publically traded companies in the US in one simple to understand number. Every month, the total revenue reported by these companies is run through BTS’ custom-built indexing tool. The index uses the total revenue of the BTS 1,000 companies at the end of the second quarter of 2013 as its baseline because the economy showed signs of stable recovery. Unemployment was back to normal rates, housing prices remained steady, and stock prices were back to record levels.
In the first week of every month, BTS will publish the previous month’s Sales Index as well as context to understand that month’s performance. This includes things like industry specific trends and job rates that impact revenue.
To check out the BTS Sales Index, click here.
BTS is a global professional services firm headquartered in Stockholm, Sweden, with some 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 BTS B.