SAN FRANCISCO--(BUSINESS WIRE)--The BTS Sales Index increased by 0.4 points (0.4%) last month, up to 108.9. The 1,000 companies of the BTS Sales Index reported aggregate revenue of $3.387 trillion, up from $3.374 trillion in December, a $13 billion increase. This is the third consecutive month of increases for the index, which BTS began tracking in October 2017.
The rise in the BTS Sales Index reflects marginal growth in the construction industry and higher than expected auto sales, due to increased consumer demand. Downward pressure comes from slowed factory activity due to skilled worker shortages and capacity constraints. In the coming weeks, keep an eye out for the impacts of steel and aluminum tariffs, specifically on steel commodity prices and retaliatory trade threats.
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.
In the first week of every month, BTS will publish the previous month’s Sales Index as well as context (such as industry-specific trends and job rates that impact revenue) to understand that month’s performance.
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 BTS B.