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



 
BUSINESS SALES AND INVENTORIES--Manufacturing and Trade

In September, according to preliminary estimates, manufacturing and 
trade sales rose 0.6 percent. In August, manufacturing and trade sales 
fell 0.2 percent and inventories fell $4.9 billion. According to advance 
estimates, retail sales fell 0.1 percent in September. Retail and food 
services sales fell 0.2 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...........................    568,073     868,067       1.50    150,833     201,939       1.31    165,533       286,026          1.68       183,537
1994...........................    610,669     931,353       1.47    161,133     218,856       1.30    179,693       312,162          1.66       198,496
1995...........................    655,227     989,989       1.48    176,227     235,128       1.30    189,028       329,644          1.72       208,496
1996...........................    687,472   1,009,196       1.46    186,649     237,828       1.28    201,058       340,552          1.67       221,299
1997...........................    724,126   1,050,132       1.42    194,541     255,427       1.27    210,027       350,901          1.64       231,530
1998...........................    743,716   1,082,701       1.44    198,319     268,385       1.32    220,413       365,085          1.62       243,133
1999...........................    787,656   1,143,124       1.41    211,797     285,167       1.31    239,869       394,311          1.59       263,696
2000...........................    835,239   1,201,677       1.41    228,549     302,495       1.30    255,974       417,786          1.59       281,497
2001...........................    819,373   1,145,363       1.44    225,722     287,556       1.32    262,776       405,571          1.58       289,300
2002...........................    824,013   1,169,352       1.40    229,250     288,847       1.25    270,451       436,317          1.56       298,334
 
2002:Aug r.....................    833,117   1,153,106       1.38    232,373     286,685       1.23    274,576       423,594          1.54       302,449
    Sept r.....................    828,352   1,158,660       1.40    231,752     287,186       1.24    270,435       427,879          1.58       298,313
    Oct .......................    833,517   1,160,224       1.39    232,465     285,719       1.23    271,703       430,960          1.59       299,458
    Nov .......................    835,360   1,163,611       1.39    235,263     286,419       1.22    273,570       434,693          1.59       301,707
    Dec .......................    834,194   1,169,352       1.40    233,732     288,847       1.24    277,100       436,317          1.57       305,816
 
2003:Jan ......................    844,999   1,172,045       1.39    236,978     288,705       1.22    278,356       439,120          1.58       307,045
    Feb .......................    837,850   1,179,647       1.41    238,193     289,680       1.22    274,066       443,879          1.62       302,741
    Mar .......................    851,680   1,183,281       1.39    240,547     290,938       1.21    280,369       447,163          1.59       309,567
    Apr .......................    836,843   1,183,557       1.41    234,634     290,092       1.24    279,601       448,258          1.60       308,675
    May .......................    838,547   1,179,925       1.41    234,049     288,962       1.23    280,578       446,914          1.59       310,214
    June.......................    849,696   1,180,343       1.39    237,735     288,919       1.22    283,318       448,758          1.58       313,142
    July r.....................    863,732   1,178,142       1.36    238,919     289,061       1.21    287,565       448,314          1.56       317,512
    Aug p......................    861,849   1,173,271       1.36    239,515     288,717       1.21  r 290,658       444,922          1.53     r 321,200
    Sept p.....................    867,380  ..........  .........    240,739     289,777       1.20    290,477  ...............  .........       320,584
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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.