Annual Retail Trade Survey

From Open Risk Manual

Definition

Annual Retail Trade Survey. Provides detailed industry measures of retail company activities.

Covers retail companies with one or more establishments that sell merchandise and associated services to final consumers (NAICS sectors 44-45).

The first year the ARTS was collected on a NAICS basis was 1999. For ARTS, companies provide data on the dollar value of retail sales, sales taxes collected, inventories, method-of-inventory valuation, cost of purchases, and account-receivables balances.

This information is used for the annual I-O accounts. In addition, information on sales taxes, inventories, and purchases are used to supplement Economic Census information for the benchmark I-O accounts.[1]

References

  1. Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009