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Volume Index

   Also found in: Medical, Wikipedia 0.01 sec.
Volume Index
An index that measures the aggregate production of a given set of goods and services over a period of time. For example, a volume index may measure changes in the amount of refined oil, corn and automobiles. A volume index may be an indicator of an economy's direction. That is, if production is falling, it may portend an economic downturn.


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According to provisional estimates, the turnover volume index of retail trade decreased by 9.
Researchers are now turning the obesity calculation used by GPs on its head after a study proved a better way of measuring patients is with a body scanner using the new Body Volume Index or BVI.
The Sales Volume Index increased slightly from 5 to 12--the 13th consecutive quarter the index has been under 50 and the sixth consecutive quarter in which more than 70 percent of respondents said that volumes were lower.
 
 
 
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