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Monthly Wholesale Trade Survey
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The Monthly Wholesale Trade Survey (MWTS) tracks month-to-month trends for sales and inventories of U.S. distributors, jobbers, drop shippers, and import/export merchants, excluding manufacturers' sales branches or offices (MSBOs). Companies provide dollar values of sales and end-of-month inventories. Estimates are released 6 weeks after the close of the data month, containing preliminary current month estimates and final data for the previous month. Statistics include: sales, inventories, and inventory/sales ratios along with standard errors. Estimates are both seasonally adjusted and unadjusted.
Detailed Methodology
4200 establishments. The MWTS uses a stratified, one-stage design with primary strata defined by industry (e.g., Motor Vehicle and Motor Vehicle Parts, Furniture and Home Furnishings, Grocery, etc.). There are 42 primary strata. The primary strata are substratified into 4, 7, 10, or 13 annual sales size strata. The largest sales size stratum within each industry stratum consists of companies, all of which are selected with certainty (sampling weight equal to one). The other strata are populated by EINs. Sample sizes are computed to meet multiple coefficient of variation constraints on estimated annual sales and end-of-year inventory totals. Constraints are specified at detailed industry levels and at broad industry levels up to the total wholesale level. Sampling weights range from 1 to 500. Units are selected independently between strata using simple random sampling without replacement within the size substrata.Sample revisions are performed approximately every 5 to 7 years. During the period for which the samples are used, updates are made on a quarterly basis to reflect changes in the business universe. These updates are designed to account for new businesses (births) and businesses which discontinue operations (deaths). The samples are also updated to reflect mergers, acquisitions, divestitures, splits, and other changes to the business universe.
Data are collected by mail, fax, internet, and telephone. Response is voluntary. Questionnaires are mailed each month and request data for the month just ending.
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