Market Overview

The BTS Sales Index, a predictive monthly metric for business leaders, decreases again in May

Share:

The
BTS Sales Index
decreased by 1.9 points (2.0%) in the month of May,
down to 105.7. The 1,000 companies of the BTS Sales Index reported
aggregate revenue of $3.287 trillion, down from $3.349 trillion in
April, a $63 billion decrease. This is the second consecutive month of
decreases for the index, which BTS began tracking in October 2017.

The decrease in the BTS Sales Index reflects slower than predicted
growth in inventory, consumer spending, and exports, although these are
expected to accelerate in coming months. Wages continue to grow modestly
in comparison with hiring growth. Trade policies are expected to slow
down business investments and create cost-cutting strategies due to the
higher cost of products. Despite the lower BTS Sales Index this month,
the economy shows signs of continued health such as increased hiring,
especially in retail and healthcare, along with steady growth in
construction and manufacturing. Interest rates are also expected to
increase in June.

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.

About BTS

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.

View Comments and Join the Discussion!