[Economic Indicators January, 2004]
[Page Number 20]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
BUSINESS SALES AND INVENTORIES--Manufacturing and Trade

In December, according to preliminary estimates, manufacturing and trade 
sales rose 1.0 percent. In November, manufacturing and trade sales rose 
0.8 percent and inventories rose $4.3 billion. According to advance 
estimates, retail sales rose 0.5 percent in December. Retail and food 
services sales also rose 0.5 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-                                                 food
           Period                          Inven-      tory-                 Inven-       tory                                 Inven- tory    services
                              Sales \2\  tories \3\    sales    Sales \2\  tories \3\    sales    Sales \2\  Inventories \3\  sales  ratio    sales \2\
                                                     ratio \4\                         ratio \4\                                   \4\
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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  r 1,169,21       1.40    229,250   r 288,708       1.25    270,451       436,317             1.56       298,334
                                                  3
2003p.......................    859,482  ..........  .........    241,127     294,457       1.21    285,256  ...............  ............       315,156
 
2002:Novr...................    834,536   1,163,281       1.39    234,619     286,317       1.22    273,390       434,465             1.59       301,469
    Decr....................    831,652   1,169,213       1.41    232,347     288,708       1.24    275,943       436,317             1.58       304,659
 
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 ...................    863,732   1,178,142       1.36    238,919     289,061       1.21    287,565       448,314             1.56       317,512
    Aug ....................    861,312   1,173,573       1.36    239,515     288,717       1.21    290,121       445,224             1.53       320,703
    Sept ...................    869,199   1,178,322       1.36    242,007     289,691       1.20    289,594       450,337             1.56       319,621
    Oct r...................    875,497   1,183,298       1.35    246,732     291,224       1.18    288,940       453,394             1.57       319,705
    Novp....................    882,135   1,187,621       1.35    248,260     292,716       1.18   r292,421       456,779             1.56      r323,541
    Dec p...................    891,175  ..........  .........    250,864     294,457       1.17    293,778  ...............  ............       325,036
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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.