Industry Balance Sheets
Can someone explain the specific differences between Industry Balance Sheet reports, and Commodity Balance Sheet reports? I am trying to determine under what conditions I would want to use one over the other.
Thanks.
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The industry balance sheet focuses on a specific industry. What commodities the industry produces. What commodities the industry buys to make what it makes. In other words you are looking at the column of the Use/Absorption matrices and the row of the Make/Byproducts matrix. The commodity balance sheet shows what industry makes that commodity and which industries buy that commodity for their production process. In other words you are looking at the row of the Use/Absorption matrices and the column of the Make/Byproducts matrix.0
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