[Economic Indicators July, 1997]
[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 fell 0.5 percent and inventories 
rose $2.3 billion. According to advance data, retail sales rose 0.5 
percent in June following a decline of 0.3 percent in May.
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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     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     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     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     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     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     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     867,513    161,681     215,878    172,732     64,677     108,055    267,497    133,624    133,873          1.44         1.51
1994 ...............................................    637,585     930,049    172,973     234,893    185,610     72,784     112,826    290,128    149,840    140,288          1.41         1.50
1995 ...............................................    681,597     985,905    188,811     253,066    193,670     77,085     116,585    303,750    159,767    143,983          1.42         1.55
1996 ...............................................    716,763   1,004,425    201,723     255,808    203,775     82,778     120,997    314,183    165,997    148,186          1.39         1.52
                                                                                                                                                                                                
1996:May r..........................................    717,503     992,630    200,079     256,740    204,177     83,239     120,938    305,592    160,893    144,699          1.38         1.50
      June .........................................  r 712,814     992,218    200,078     256,739  r 202,684   r 82,371   r 120,313    305,677    161,138    144,539          1.39         1.51
      July .........................................    721,396     996,796    204,254     256,467    203,291     82,531     120,760    309,786    163,433    146,353          1.38         1.52
      Aug ..........................................    718,782     999,357    201,892     256,598    203,036     82,487     120,549    311,112    164,862    146,250          1.39         1.53
      Sept .........................................    724,103   1,000,431    203,419     254,788    204,713     83,091     121,622    312,969    166,530    146,439          1.38         1.53
      Oct ..........................................    727,725   1,004,990    204,987     255,671    206,277     83,871     122,406    315,281    168,146    147,135          1.38         1.53
      Nov ..........................................    730,646   1,004,540    205,561     255,850    205,789     83,485     122,304    313,490    165,865    147,625          1.37         1.52
      Dec ..........................................    728,760   1,004,425    205,560     255,808    206,894     83,785     123,109    314,183    165,997    148,186          1.38         1.52
                                                                                                                                                                                                
1997:Jan  ..........................................    737,464   1,007,618    207,506     257,895    210,233     85,344     124,889    313,980    165,441    148,539          1.37         1.49
      Feb ..........................................    747,790   1,011,899    211,801     258,088    213,022     87,786     125,236    315,938    167,380    148,558          1.35         1.48
      Mar...........................................    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 r.........................................    746,769   1,017,150    209,926     258,046    209,934     85,472     124,462    317,596    168,701    148,895          1.36         1.51
      May p.........................................    743,232   1,019,470    210,354     258,680  r 209,311   r 84,701   r 124,610    317,330    168,563    148,767          1.37         1.52
      June p........................................  .........  ..........  .........  ..........    210,299     85,134     125,165  .........  .........  ..........  .............  .........
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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.

    Source: Department of Commerce, 
Bureau of the Census.