[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.
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                                       [Millions of dollars, except ratios; seasonally adjusted, except as noted]
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                                    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\
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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
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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.