Tracy Byrnes
Tracy Byrnes
Tracy Byrnes joined FOX Business Network in October 2007 as a reporter.
Since September 2005, Byrnes has been a recurring guest on FOX News Channel (FNC), appearing on "Cashin' In," "Bulls and Bears," and "Your World with Neil Cavuto." She has also been a weekly morning business correspondent for FOX News affiliates in New York, Chicago, Washington, D.C., Philadelphia, Detroit, Salt Lake City, and Atlanta.
Byrnes has been a freelancer reporter in the financial news sector since 2001, contributing personal finance and tax stories weekly to TheStreet.com and the New York Post. She was also a senior writer for TheStreet.com, where she created the Tax Forum and Global Tax Forum columns.
Byrnes began her career at Ernst & Young LLP as a senior accountant.
A graduate of Lehigh University with a B.A. in Economics and English, Byrnes is the recipient of the Newswomen¿s Club of New York Internet Breaking Business News Award and the NY State Society of CPAs award for Online Excellence in Journalism. She received her Master of Business Administration Degree in Accounting from Rutgers University Graduate School of Management.
FOX Translator
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The book-to-bill (B-to-B) ratio is the demand-to-supply ratio for orders on a firm's "book" to number of orders processed and billed. A simpler explanation is orders/orders filled (or billed).
If you just ordered a sweater from your favorite online store, your purchase gets tacked onto the "book" side of the book-to-bill
ratio. If you have the bill in your hands, then your transaction is now added the second "b" of the ratio.
If the company has more orders than it can deliver, the B-to-B ratio is greater than one. The higher this number is, the higher
the backlog of orders that need to be filled/delivered.
If everything is just right and supply is keeping pace equal to demand, the ratio is equal to one. And if it¿s less than one, then the company is hoping orders get a kickstart in order to get some of the dusty inventory off the shelves.
