[Economic Indicators March, 2003]
[Page Number 20]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
BUSINESS SALES AND INVENTORIES--Manufacturing and Trade

In January, manufacturing and trade sales rose 1.3 percent and 
inventories rose $3.3 billion. In February, according to preliminary 
data, manufacturing and trade sales fell 1.0 percent. (Data reflect 
revisions to wholesale trade series.) According to advance estimates, 
retail sales fell 1.7 percent in February. Retail and food services 
sales fell 1.6 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 r.........................    564,458     864,050       1.51    150,833     201,939       1.31    164,837       285,906          1.69       182,841
1994 r.........................    605,983     926,949       1.47    161,133     218,856       1.30    178,932       312,019          1.67       197,735
1995 r.........................    648,961     985,312       1.49    176,227     235,128       1.30    188,235       329,536          1.72       207,704
1996 r.........................    680,673   1,004,067       1.47    186,649     237,828       1.28    200,190       340,335          1.68       220,431
1997 r.........................    716,672   1,043,991       1.43    194,541     255,427       1.27    209,112       350,763          1.65       230,616
1998 r.........................    736,556   1,075,444       1.44    198,319     268,385       1.32    219,507       364,288          1.62       242,228
1999 r.........................    779,839   1,134,215       1.41    211,797     285,167       1.31    239,013       392,501          1.59       262,803
2000 r.........................    827,187   1,196,212       1.42    228,549     302,495       1.30    254,928       416,475          1.59       280,427
2001 r.........................    814,520   1,122,186       1.43    225,722     287,556       1.32    263,987       395,468          1.55       290,713
2002 r.........................    822,735   1,146,144       1.37    229,250     288,847       1.25    272,162       426,346          1.51       300,395
 
2002:Jan r.....................    809,685   1,122,201       1.39    222,112     286,905       1.29    266,402       398,648          1.50       294,130
    Feb r......................    804,049   1,120,243       1.39    224,199     284,463       1.27    268,374       401,693          1.50       296,371
    Mar r......................    807,555   1,117,383       1.38    223,766     284,812       1.27    268,196       401,137          1.50       296,199
    Apr r......................    821,947   1,115,413       1.36    227,463     282,742       1.24    271,522       402,518          1.48       299,642
    May r......................    819,280   1,117,939       1.36    227,105     282,492       1.24    268,439       406,855          1.52       296,567
    June r.....................    822,098   1,120,847       1.36    228,941     283,733       1.24    272,347       408,884          1.50       300,634
    July r.....................    832,436   1,125,995       1.35    230,225     285,761       1.24    276,110       412,238          1.49       304,218
    Aug r......................    833,754   1,126,914       1.35    232,506     286,238       1.23    277,519       412,102          1.48       305,616
    Sept r.....................    827,968   1,133,634       1.37    232,312     286,946       1.24    273,048       417,303          1.53       301,181
    Oct r......................    832,040   1,134,969       1.36    232,465     285,719       1.23    273,236       420,176          1.54       301,551
    Nov r......................    832,747   1,138,176       1.37    235,263     286,419       1.22    274,621       423,537          1.54       303,385
    Dec r......................    833,578   1,146,144       1.37    233,732     288,847       1.24    278,830       426,346          1.53       308,061
 
2003:Jan r.....................    844,102   1,149,419       1.36    236,978     288,705       1.22    279,859       429,403          1.53       308,967
    Feb p......................    835,490  ..........  .........    238,145     289,544       1.22    275,125  ...............  .........       304,092
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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.--Wholesale trade data 
reflect annual benchmark revisions 
released April 3, 2003. Total 
manufacturing and trade data reflect 
the revisions.
    Source: Department of Commerce, 
Bureau of the Census.