[Economic Indicators July, 1996]
[Page Number 20]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
BUSINESS SALES AND INVENTORIES--Manufacturing and Trade

In May, manufacturing and trade sales rose 0.8 percent and inventories 
fell $1.9 billion. According to advance data, retail sales fell 0.2 
percent in June following a rise of 0.8 percent in May. (Manufacturing 
series revised beginning 1982.)
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                                                        Manufacturing and          Wholesale                                      Retail                                Inventory-sales ratio\4\
                                                             trade\1\       -------------------------------------------------------------------------------------------                         
                                                     -----------------------                                    Sales\2\                       Inventories\3\          -------------------------
                       Period                                                                      --------------------------------------------------------------------                         
                                                                   Inven-     Sales\2\    Inven-                Durable   Nondurable              Durable   Nondurable  Manufacturing           
                                                       Sales\2\   tories\3\              tories\3\    Total      goods       goods      Total      goods       goods     and trade\1\    Retail 
                                                                                                                 stores     stores                 stores     stores                            
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(9)Millions of dollars, seasonally adjusted, except                                                                                                                                             
 as noted                                                                                                                                                                                       
                                                                                                                                                                                                
                                                     -------------------------------------------------------------------------------------------------------------------                        
1986................................................    430,419    r662,738    114,960     153,574    120,803     45,057      75,746    186,510     89,983     96,527          1.55         1.56
1987................................................    457,735    r709,846    122,968     163,903    128,442     47,989      80,453    207,836    105,481    102,355          1.50         1.55
1988................................................   r497,157    r767,226    134,521     178,801    138,017     52,430      85,587    219,047    112,453    106,594          1.49         1.54
1989................................................   r527,039    r815,486    143,760     187,009    146,581     54,763      91,818    237,234    121,347    115,887          1.52         1.58
1990................................................   r545,909    r840,428    149,506     195,550    153,718     55,736      97,981    239,773    121,105    118,668          1.52         1.55
1991................................................   r542,815    r834,281    148,306     200,062    154,661     54,165     100,497    243,275    119,039    124,236         r1.53         1.54
1992................................................   r567,176    r842,137    154,150     207,663    162,632     58,634     103,999    251,994    122,948    129,046         r1.48         1.52
1993................................................   r595,240    r874,515    161,681     215,878    172,924     64,795     108,129    267,916    133,949    133,967         r1.45         1.51
1994................................................   r637,561    r931,702    172,973     234,893    185,936     73,042     112,894    290,602    150,441    140,161         r1.41         1.50
1995................................................   r679,700    r989,839    187,387     254,616    195,068     78,018     117,050    302,879    160,363    142,516         r1.43         1.54
                                                                                                                                                                                                
1995:Mayr...........................................    676,690     969,908    186,946     246,823    194,493     77,296     117,197    300,278    158,389    141,889         r1.43         1.54
      June..........................................   r681,375    r974,061   r188,359    r249,252   r196,139    r78,393    r117,746    300,516    158,057    142,459         r1.43         1.53
      July..........................................   r676,521    r977,660    187,155     251,897    195,465     78,006     117,459    299,041    156,810    142,231         r1.45         1.53
      Aug...........................................   r684,477    r982,154    187,953     252,209    196,716     79,527     117,189    302,700    159,326    143,374         r1.43         1.54
      Sept..........................................   r686,272    r986,369    188,874     253,111    196,644     78,711     117,933    303,299    160,195    143,104         r1.44         1.54
      Oct...........................................   r685,660    r992,265    189,643     254,738    196,193     79,160     117,033    306,224    162,165    144,059         r1.45         1.56
      Nov...........................................   r690,243    r993,644    191,574     254,727    197,914     80,296     117,618    307,265    163,243    144,022         r1.44         1.55
      Dec...........................................   r695,289    r989,839    194,901     254,616    199,104     80,852     118,252    302,879    160,363    142,516         r1.42         1.52
                                                                                                                                                                                                
1996:Jan............................................   r690,692    r995,352    192,878     256,258    199,129     80,623     118,506    304,370    161,316    143,054         r1.44         1.53
      Feb...........................................   r699,208    r996,008    194,053     255,569    203,392     83,285     120,107    304,824    161,575    143,249         r1.42         1.50
      Mar...........................................   r700,253    r994,010    195,379     256,444    204,228     84,108     120,120    302,153    159,659    142,494         r1.42         1.48
      Aprr..........................................    709,541     998,430    197,507     259,592    204,031     82,794     121,237    303,397    160,490    142,907          1.41         1.49
      Mayp..........................................    715,153     996,571    198,258     258,834   r205,692    r84,176    r121,516    303,517    160,748    142,769          1.39         1.48
      Junep.........................................    712,174  ..........    198,812     258,735    205,187     83,785     121,402  .........  .........  ..........  .............  .........
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    \1\See page 21 for 
manufacturing.
    \2\Annual data are averages of 
monthly not seasonally adjusted 
figures; monthly data are seasonally 
adjusted totals for month.
    \3\Seasonally adjusted, end of 
period.
    \4\Annual data are averages of 
seasonally adjusted monthly ratios.

    Note.--Total manufacturing and 
trade data reflect manufacturing 
series revisions beginning 1982 (see 
Note, p. 21).
    Source: Department of Commerce, 
Bureau of the Census.