[Economic Indicators February, 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 revised estimates, manufacturing and trade 
sales rose 1.1 percent and inventories rose $3.2 billion. (Data reflect 
revisions to wholesale trade series.) According to advance estimates, 
retail sales fell 0.4 percent in January. Retail and food services sales 
fell 0.3 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 r......................    610,669     930,616       1.47    161,133     218,119       1.29    179,693       312,162             1.66       198,496
1995 r......................    655,227     989,129       1.48    176,227     234,268       1.30    189,028       329,644             1.72       208,496
1996 r......................    687,472   1,008,554       1.46    186,649     237,186       1.28    201,058       340,552             1.67       221,299
1997 r......................    724,126   1,049,468       1.42    194,541     254,763       1.27    210,027       350,901             1.64       231,530
1998 r......................    743,716   1,082,005       1.44    198,319     267,689       1.32    220,413       365,085             1.62       243,133
1999 r......................    787,490   1,142,353       1.41    211,631     284,396       1.30    239,869       394,311             1.59       263,696
2000 r......................    835,319   1,200,800       1.41    228,630     301,618       1.29    255,974       417,786             1.59       281,497
2001 r......................    818,774   1,145,720       1.44    225,123     287,913       1.32    262,776       405,571             1.58       289,300
2002 r......................    823,287   1,169,281       1.40    228,524     288,990       1.25    270,451       436,103             1.56       298,334
2003 r......................    858,835   1,191,687       1.38    240,420     294,980       1.21    285,155       458,123             1.58       315,049
 
2002:Dec r..................    831,158   1,169,281       1.41    232,033     288,990       1.25    275,763       436,103             1.58       304,537
 
2003:Jan r..................    844,125   1,171,707       1.39    235,662     288,367       1.22    278,798       439,120             1.58       307,456
    Feb r...................    836,373   1,179,578       1.41    236,716     289,611       1.22    274,066       443,879             1.62       302,741
    Mar r...................    850,675   1,183,219       1.39    239,542     290,876       1.21    280,369       447,163             1.59       309,567
    Apr r...................    837,207   1,184,120       1.41    234,998     290,655       1.24    279,601       448,258             1.60       308,675
    May r...................    838,571   1,180,719       1.41    234,073     289,756       1.24    280,578       446,914             1.59       310,214
    June r..................    849,170   1,181,151       1.39    237,209     289,727       1.22    283,318       448,758             1.58       313,142
    July r..................    863,926   1,179,291       1.37    239,113     290,210       1.21    287,565       448,314             1.56       317,512
    Aug r...................    861,826   1,174,817       1.36    240,029     289,961       1.21    290,121       445,224             1.53       320,703
    Sept r..................    868,719   1,179,879       1.36    241,527     291,248       1.21    289,594       450,337             1.56       319,621
    Oct r...................    875,195   1,184,623       1.35    246,430     292,549       1.19    288,940       453,394             1.57       319,705
    Nov r...................    881,112   1,188,505       1.35    247,737     293,534       1.18    291,921       456,845             1.56       323,076
    Dec r...................    891,121   1,191,687       1.34    250,236     294,980       1.18    292,400       458,123             1.57       323,699
 
2004:Jan p..................  .........  ..........  .........  .........  ..........  .........    291,223  ...............  ............       322,867
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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 on March 3, 2004. Total 
manufacturing and trade data reflect 
the revisions.

    Source: Department of Commerce, 
Bureau of the Census.