[Economic Indicators February, 2003] [Page Number 20] [From the U.S. Government Publishing Office, www.gpo.gov] BUSINESS SALES AND INVENTORIES--Manufacturing and Trade In December, manufacturing and trade sales rose 0.3 percent and inventories rose $7.3 billion. In January, according to preliminary estimates, manufacturing and trade sales rose 0.7 percent. According to advance estimates, retail sales fell 1.1 percent in January; retail and food services sales fell 0.9 percent. ________________________________________________________________________________________________________________________________________________ [Millions of dollars, except ratios; seasonally adjusted, except as noted] -------------------------------------------------------------------------------------------------------------------------------------------------------- Manufacturing and trade \1\ Wholesale Retail ----------------------------------------------------------------------------------------------------------- Retail and Inven- Inven- Inven- food Period Inven- tory- Inven- tory tory services Sales \2\ tories \3\ sales Sales \2\ tories \3\ sales Sales \2\ Inventories \3\ sales sales \2\ ratio \4\ ratio \4\ ratio \4\ -------------------------------------------------------------------------------------------------------------------------------------------------------- 1993........................... 564,458 864,841 1.51 150,833 202,730 1.31 164,837 285,906 1.69 182,841 1994........................... 605,983 927,859 1.47 161,133 219,766 1.30 178,932 312,019 1.67 197,735 1995........................... 648,961 986,329 1.49 176,227 236,145 1.31 188,235 329,536 1.72 207,704 1996........................... 680,673 1,005,021 1.47 186,649 238,782 1.28 200,190 340,335 1.68 220,431 1997........................... 716,672 1,044,981 1.43 194,541 256,417 1.27 209,112 350,763 1.65 230,616 1998........................... 736,556 1,076,471 1.45 198,319 269,412 1.33 219,507 364,288 1.62 242,228 1999........................... 779,798 1,134,734 1.41 211,756 285,686 1.31 239,013 392,501 1.59 262,803 2000........................... 827,951 1,198,395 1.42 229,313 304,678 1.30 254,928 416,475 1.59 280,427 2001........................... 815,111 r 1,121,96 1.43 226,313 r 287,339 1.32 263,987 r 395,468 1.55 290,713 9 2002 p......................... 823,526 1,143,945 1.37 230,018 287,126 1.24 r 272,186 425,868 1.51 r 300,419 2001:Dec r..................... 805,003 1,121,969 1.39 220,917 287,339 1.30 267,895 395,468 1.48 295,789 2002:Jan r..................... 811,979 1,122,271 1.38 223,341 286,354 1.28 267,467 399,269 1.49 295,195 Feb........................ 804,624 1,120,288 1.39 224,738 284,508 1.27 268,410 401,693 1.50 296,468 Mar ....................... 808,644 1,116,303 1.38 224,855 283,732 1.26 268,196 401,137 1.50 296,199 Apr ....................... 822,615 1,113,864 1.35 228,131 281,193 1.23 271,522 402,518 1.48 299,642 May ....................... 820,227 1,116,527 1.36 228,052 281,080 1.23 268,439 406,855 1.52 296,567 June ...................... 822,795 1,119,454 1.36 229,638 282,340 1.23 272,347 408,884 1.50 300,634 July ...................... 833,564 1,124,317 1.35 231,353 284,083 1.23 276,110 412,238 1.49 304,218 Aug........................ 834,562 1,125,024 1.35 233,314 284,348 1.22 277,519 412,102 1.48 305,616 Sept ...................... 828,454 1,132,074 1.37 232,798 285,386 1.23 273,048 417,303 1.53 301,181 Oct........................ 832,466 1,133,221 1.36 232,891 283,971 1.22 273,236 420,176 1.54 301,551 Nov r...................... 832,955 1,136,646 1.36 235,471 284,889 1.21 274,621 423,537 1.54 303,385 Dec p...................... 835,799 1,143,945 1.37 234,635 287,126 1.22 r 280,128 425,868 1.52 r 309,454 2003:Jan p..................... 841,964 .......... ......... 236,899 286,498 1.21 276,921 ............... ......... 306,570 -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.