[Economic Indicators June, 1997]
[Page Number 20]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
BUSINESS SALES AND INVENTORIES--Manufacturing and Trade

In April, manufacturing and trade sales rose 0.3 percent and inventories 
rose $3.4 billion. According to advance data, retail sales fell 0.1 
percent in May following a decline of 0.9 percent in April. 
(Manufacturing series revised.)
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                                                        Manufacturing and          Wholesale                                      Retail                                  Inventory-sales ratio 
                                                            trade \1\       -------------------------------------------------------------------------------------------            \4\          
                                                     -----------------------                                    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                                                                                                                                                                                       
                                                                                                                                                                                                
                                                     -------------------------------------------------------------------------------------------------------------------                        
1987................................................    457,735   r 709,848    122,968     163,903    128,442     47,989      80,453    207,836    105,481    102,355          1.50         1.55
1988................................................    497,157   r 767,222    134,521     178,801    138,017     52,430      85,587    219,047    112,453    106,594          1.49         1.54
1989................................................    527,039   r 815,455    143,760     187,009    146,581     54,763      91,818    237,234    121,347    115,887          1.52         1.58
1990................................................    545,909   r 840,396    149,506     195,550    153,718     55,736      97,981    239,773    121,105    118,668          1.52         1.55
1991................................................    542,815   r 834,287    148,306     200,062    154,661     54,165     100,497    243,275    119,039    124,236          1.53         1.54
1992................................................    567,176   r 842,204    154,150     207,663    162,632     58,634     103,999    251,994    122,948    129,046          1.48         1.52
1993 ...............................................    595,049   r 867,513    161,681     215,878    172,732     64,677     108,055    267,497    133,624    133,873        r 1.44         1.51
1994 ...............................................  r 637,585   r 930,049    172,973     234,893    185,610     72,784     112,826    290,128    149,840    140,288          1.41         1.50
1995 ...............................................  r 681,597   r 985,905    188,811     253,066    193,670     77,085     116,585    303,750    159,767    143,983        r 1.42         1.55
1996 ...............................................  r 716,763  r 1,004,42                                                                                                                     
                                                                          5    201,723     255,808    203,775     82,778     120,997    314,183    165,997    148,186        r 1.39         1.52
                                                                                                                                                                                                
1996:Apr r..........................................    711,826     993,660    199,853     257,612    202,496     81,603     120,893    304,696    160,065    144,631          1.40         1.50
      May ..........................................  r 717,345   r 992,113    200,038     256,601  r 204,060   r 83,131   r 120,929    305,214    160,631    144,583        r 1.38         1.50
      June .........................................  r 712,919   r 992,218    200,078     256,739    202,789     82,394     120,395    305,677    161,138    144,539        r 1.39         1.51
      July .........................................  r 721,396   r 996,796    204,254     256,467    203,291     82,531     120,760    309,786    163,433    146,353        r 1.38         1.52
      Aug ..........................................  r 718,782   r 999,357    201,892     256,598    203,036     82,487     120,549    311,112    164,862    146,250        r 1.39         1.53
      Sept .........................................  r 724,103  r 1,000,43                                                                                                                     
                                                                          1    203,419     254,788    204,713     83,091     121,622    312,969    166,530    146,439        r 1.38         1.53
      Oct ..........................................  r 727,725  r 1,004,99                                                                                                                     
                                                                          0    204,987     255,671    206,277     83,871     122,406    315,281    168,146    147,135        r 1.38         1.53
      Nov ..........................................  r 730,646  r 1,004,54                                                                                                                     
                                                                          0    205,561     255,850    205,789     83,485     122,304    313,490    165,865    147,625        r 1.37         1.52
      Dec ..........................................  r 728,760  r 1,004,42                                                                                                                     
                                                                          5    205,560     255,808    206,894     83,785     123,109    314,183    165,997    148,186        r 1.38         1.52
                                                                                                                                                                                                
1997:Jan  ..........................................  r 737,464  r 1,007,61                                                                                                                     
                                                                          8    207,506     257,895    210,233     85,344     124,889    313,980    165,441    148,539          1.37         1.49
      Feb ..........................................  r 747,790  r 1,011,89                                                                                                                     
                                                                          9    211,801     258,088    213,022     87,786     125,236    315,938    167,380    148,558        r 1.35         1.48
      Mar r.........................................    745,460   1,013,376    210,195     259,389    212,342     87,042     125,300    315,427    167,444    147,983          1.36         1.49
      Apr p.........................................    748,003   1,016,797    210,187     257,639  r 210,440   r 85,857   r 124,583    317,759    168,572    149,187          1.36         1.51
      May p.........................................  .........  ..........  .........  ..........    210,155     85,621     124,534  .........  .........  ..........  .............  .........
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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 1987 (see 
Note, p. 21).

    Source: Department of Commerce, 
Bureau of the Census.