Wholesale Trade Survey: September 2012 quarter

Definitions

About the Wholesale Trade Survey

The Wholesale Trade Survey (WTS) provides short-term economic indicators for the wholesale trade sector. Survey data is also used to compile the wholesale trade sector component of quarterly national accounts. The survey was last redesigned in the September 2002 quarter.

More definitions

ANZSIC: Australian and New Zealand Standard Industrial Classification system.

Business Frame: a register of all economically significant businesses operating in New Zealand. The Wholesale Trade Survey population is drawn from the Business Frame.

Enterprise: a business entity operating in New Zealand either as a legally constituted body such as a company, partnership, trust, local or central government trading organisation, or as a self-employed individual.

Kind-of-activity unit (KAU):  an enterprise subdivision that is engaged in predominantly one activity and for which a single set of accounting records is available.

Operating income: income from total sales. This includes:

  • sales of processed goods
  • sales of goods purchased for resale
  • sales of services
  • repair services
  • processing fees
  • management fees
  • rental income
  • leasing income
  • royalties
  • patent fees.

Operating income excludes:

  • interest/dividends received
  • donations
  • insurance claims
  • subsidies
  • government grants
  • exchange rate gains
  • extraordinary items
  • gains on sales of fixed assets
  • excise duties
  • bad debts.

Rolling mean employment (RME): a 12-month moving average of the monthly employee-count figure.

Total stocks: closing stocks of raw materials for use in production, plus the closing stocks of finished goods, work in progress, and trading stocks.