[Economic Indicators July, 1998]
[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 were unchanged and inventories 
fell $0.4 billion. According to advance data, retail sales rose 0.1 
percent in June, following a rise of 1.2 percent in May. (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                                                                                                                                                                                       
                                                                                                                                                                                                
                                                     -------------------------------------------------------------------------------------------------------------------                        
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     840,622    149,506     195,769    153,718     55,736      97,981    239,780    121,159    118,621          1.52         1.56
1991................................................    542,815     834,595    148,306     200,389    154,661     54,165     100,497    243,256    119,100    124,156          1.53         1.54
1992................................................    567,176   r 842,843    154,150     208,242    162,632     58,634     103,999    252,091    123,116    128,975          1.48         1.52
1993................................................    595,015   r 869,367    161,560     216,919    172,820     64,996     107,824    268,409    134,600    133,809          1.44         1.51
1994................................................    637,695   r 932,267    172,870     235,328    185,823     73,509     112,314    292,062    152,004    140,058          1.41         1.51
1995................................................  r 682,501   r 991,655    188,837     253,556    194,109     78,311     115,798    307,114    163,421    143,693          1.43         1.56
1996................................................  r 714,837  r 1,009,64                                                                                                                     
                                                                          7    200,115     256,442    205,100     84,044     121,055    316,476    168,891    147,585          1.40         1.52
1997................................................  r 749,645  r 1,053,07                                                                                                                     
                                                                          8    208,342     273,298    213,851     88,186     125,665    323,647    174,430    149,217        r 1.38         1.50
                                                                                                                                                                                                
1997:May r .........................................    740,762   1,026,712    207,970     260,258    210,532     85,906     124,626    319,566    171,460    148,106          1.39         1.52
      June r .......................................    747,239   1,032,661    208,544     265,008    212,577     87,101     125,476    319,706    171,645    148,061          1.38         1.50
      July r .......................................    755,835   1,034,582    209,473     263,299    215,031     88,469     126,562    321,626    173,033    148,593          1.37         1.50
      Aug r ........................................    749,943   1,036,070    205,671     265,112    216,022     89,407     126,615    319,221    171,696    147,525          1.38         1.48
      Sept r .......................................    759,616   1,043,131    210,706     268,772    215,488     88,617     126,871    322,135    173,394    148,741          1.37         1.49
      Oct r ........................................    757,474   1,046,871    210,040     269,182    215,113     88,349     126,764    322,136    174,141    147,995          1.38         1.50
      Nov r ........................................    755,731   1,050,183    208,413     270,955    215,914     89,357     126,557    321,462    173,448    148,014          1.39         1.49
      Dec r ........................................    763,107   1,053,078    209,816     273,298    216,867     90,877     125,990    323,647    174,430    149,217          1.38         1.49
                                                                                                                                                                                                
1998:Jan r .........................................    761,165   1,055,034    210,224     272,130    219,004     92,060     126,944    324,707    173,673    151,034          1.39         1.48
      Feb r ........................................    768,061   1,062,460    211,312     275,750    220,866     92,778     128,088    325,532    174,162    151,370          1.38         1.47
      Mar r.........................................    773,877   1,068,754    213,781     277,624    221,105     92,607     128,498    329,182    176,350    152,832          1.38         1.49
      Apr r.........................................    772,160   1,070,555    213,900     275,933    222,707     93,460     129,247    329,954    176,500    153,454          1.39         1.48
      May p.........................................    772,499   1,070,127    213,413     277,699  r 225,464   r 95,111   r 130,353    326,699    173,849    152,850          1.39         1.45
      June p .......................................    774,370  ..........    214,029     277,934    225,691     95,092     130,599  .........  .........  ..........  .............  .........
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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 recent revisions 
to manufacturers' series. See Note, 
p. 21, for details.

    Source: Department of Commerce, 
Bureau of the Census.