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Business Survey in Focus: Assessment of Inventories in Distribution

Author

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  • Stefan Sauer
  • Christian Seiler

Abstract

To survey developments in the current business situation, the Ifo Institute asks survey participants from the distribution sector to classify their inventories as “too small”, “satisfactory” (normal for the season) or “too big” every month in the framework of the Ifo Business Survey. This article describes the various assessment patterns in the individual distribution segments and analyses the relation between the development in inventories with the current business situation and other variables from the Ifo Business Survey. Overall, the current results indicate that excessive inventories in the Ifo Business Survey are an indicator of overly weak demand. They oblige firms to take corrective measures.

Suggested Citation

  • Stefan Sauer & Christian Seiler, 2014. "Business Survey in Focus: Assessment of Inventories in Distribution," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(04), pages 41-44, February.
    • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:04:p:41-44
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    References listed on IDEAS

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    1. Stefan Sauer, 2013. "Business Survey in Focus: Special Survey on Sales Constraints in Retailing," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(03), pages 44-45, February.
    2. Klaus Abberger & Stefan Sauer & Christian Seiler, 2011. "Der Test des Tests im ifo Konjunkturtest Handel," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 52.
    3. Klaus Abberger & Manuel Birnbrich & Christian Seiler, 2009. "Survey of the survey in distribution - a meta-survey on the Ifo Business Survey," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(21), pages 34-41, November.
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    Cited by:

    1. Christian Seiler & Klaus Wohlrabe & Przemyslaw Wojciechowski, 2014. "Business Survey Spotlight: Inventories and Order Backlog in Manufacturing," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(21), pages 40-46, November.
    2. Evgenia Kudymowa & Klaus Wohlrabe, 2014. "Business Survey in Focus: Manufacturing of Print Products; Reproduction of Recorded Media," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(06), pages 31-35, March.

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    JEL classification:

    • L80 - Industrial Organization - - Industry Studies: Services - - - General

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