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



 
BUSINESS SALES AND INVENTORIES--Manufacturing and Trade

In July, according to current estimates, manufacturing and trade sales 
rose 0.8 percent and inventories rose $12.0 billion. In August, 
according to preliminary estimates, manufacturing and trade sales rose 
0.7 percent. According to advance estimates, retail sales fell 0.3 
percent in August. Retail and food services sales also 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-                                 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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1994 ..........................    610,669     930,681       1.47    161,133     218,119       1.29    179,693       312,227          1.66       198,496
1995 ..........................    655,227     989,067       1.48    176,227     234,268       1.30    189,028       329,582          1.72       208,496
1996 ..........................    687,472   1,008,623       1.46    186,649     237,186       1.28    201,058       340,621          1.67       221,299
1997 ..........................    724,126   1,049,527       1.42    194,541     254,763       1.27    210,027       350,960          1.64       231,530
1998 ..........................    743,702   1,081,988       1.44    198,319     267,689       1.32    220,399       365,068          1.62       243,119
1999 ..........................    787,531   1,142,277       1.41    211,631     284,396       1.30    239,910       394,235          1.59       263,733
2000 ..........................    835,194   1,200,666       1.41    228,630     301,618       1.29    255,849       417,652          1.59       281,385
2001 ..........................    819,061   1,146,151       1.44    225,123     287,913       1.32    263,063       406,002          1.58       289,667
2002 ..........................    822,013   1,163,690       1.40    228,524     288,990       1.25    269,177       430,512          1.56       296,965
2003 ..........................    856,998   1,185,477       1.37    240,442     295,435       1.21    283,295       451,458          1.56       313,057
 
2003:July r....................    861,215   1,172,316       1.36    238,762     289,037       1.21    285,205       442,512          1.55       315,123
    Aug r......................    860,457   1,167,917       1.36    239,756     288,848       1.20    289,025       439,437          1.52       319,550
    Sept ......................    866,774   1,173,444       1.35    241,527     291,248       1.21    287,649       443,902          1.54       317,464
    Oct .......................    873,519   1,177,496       1.35    246,430     292,549       1.19    287,264       446,267          1.55       318,064
    Nov .......................    879,925   1,181,735       1.34    247,737     293,534       1.18    290,734       450,075          1.55       321,798
    Dec .......................    891,329   1,185,477       1.33    251,526     295,435       1.17    291,318       451,458          1.55       322,342
 
2004:Jan ......................    894,394   1,187,402       1.33    253,664     296,016       1.17    292,253       451,357          1.54       323,918
    Feb .......................    902,285   1,197,124       1.33    259,109     299,712       1.16    295,019       454,614          1.54       326,996
    Mar .......................    931,224   1,205,977       1.30    266,509     301,311       1.13    301,790       460,087          1.52       333,818
    Apr .......................    930,732   1,214,579       1.30    269,017     301,989       1.12    299,146       465,891          1.56       331,131
    May .......................    938,211   1,222,744       1.30    269,823     306,229       1.13    303,683       466,569          1.54       335,920
    June r.....................    940,345   1,236,066       1.31    270,235     309,744       1.15    301,306       472,012          1.57       333,543
    July p.....................    948,135   1,248,040       1.32    272,479     314,354       1.15  r 303,551       475,005          1.56     r 336,137
    Aug p......................    954,688  ..........  .........    275,812     317,211       1.15    302,737  ...............  .........       335,239
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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.