[Economic Report of the President (1996)]
[Administration of William J. Clinton]
[Online through the Government Publishing Office, www.gpo.gov]

[DOCID: f:erp_b53._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 104-161
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]


Table B-53.--Manufacturing and trade sales and inventories, 1954-95
[Amounts in millions of dollars; monthly data seasonally adjusted]
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Total manufacturing and  trade               Manufacturing                   Merchant  wholesalers                   Retail  trade
Year or month                  -----------------------------------------------------------------------------------------------------------------------------------------------
Sales\1\  Inventories\2\  Ratio\3\  Sales\1\  Inventories\2\  Ratio\3\  Sales\1\  Inventories\2\  Ratio\3\  Sales\1\  Inventories\2\  Ratio\3\
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1954............................................    46,443       73,175        1.60     23,355       41,612        1.81      8,993       10,637        1.18     14,095       20,926        1.51
1955............................................    51,694       79,516        1.47     26,480       45,069        1.62      9,893       11,678        1.13     15,321       22,769        1.43
1956............................................    54,063       87,304        1.55     27,740       50,642        1.73     10,513       13,260        1.19     15,811       23,402        1.47
1957............................................    55,879       89,052        1.59     28,736       51,871        1.80     10,475       12,730        1.23     16,667       24,451        1.44
1958............................................    54,201       87,055        1.61     27,248       50,203        1.84     10,257       12,739        1.24     16,696       24,113        1.44
1959............................................    59,729       92,097        1.54     30,286       52,913        1.75     11,491       13,879        1.21     17,951       25,305        1.41

1960............................................    60,827       94,719        1.56     30,878       53,786        1.74     11,656       14,120        1.21     18,294       26,813        1.47
1961............................................    61,159       95,580        1.56     30,922       54,871        1.77     11,988       14,488        1.21     18,249       26,221        1.44
1962............................................    65,662      101,049        1.54     33,358       58,172        1.74     12,674       14,936        1.18     19,630       27,941        1.42
1963............................................    68,995      105,463        1.53     35,058       60,029        1.71     13,382       16,048        1.20     20,556       29,386        1.43
1964............................................    73,682      111,504        1.51     37,331       63,410        1.70     14,529       17,000        1.17     21,823       31,094        1.42
1965............................................    80,283      120,929        1.51     40,995       68,207        1.66     15,611       18,317        1.17     23,677       34,405        1.45
1966............................................    87,187      136,824        1.57     44,870       77,986        1.74     16,987       20,765        1.22     25,330       38,073        1.50
1967............................................    90,820      145,681        1.60     46,486       84,646        1.82     19,576       25,786        1.32     24,757       35,249        1.42
1968............................................    98,685      156,611        1.59     50,229       90,560        1.80     21,012       27,166        1.29     27,445       38,885        1.42
1969............................................   105,690      170,400        1.61     53,501       98,145        1.83     22,818       29,800        1.31     29,371       42,455        1.45

1970............................................   108,221      178,594        1.65     52,805      101,599        1.92     24,167       33,354        1.38     31,249       43,641        1.40
1971............................................   116,895      188,991        1.62     55,906      102,567        1.83     26,492       36,568        1.38     34,497       49,856        1.45
1972............................................   131,081      203,227        1.55     63,027      108,121        1.72     29,866       40,297        1.35     38,189       54,809        1.44
1973............................................   153,677      234,406        1.53     72,931      124,499        1.71     38,115       46,918        1.23     42,631       62,989        1.48
1974............................................   177,912      287,144        1.61     84,790      157,625        1.86     47,982       58,667        1.22     45,141       70,852        1.57
1975............................................   182,198      288,992        1.59     86,589      159,708        1.84     46,634       57,774        1.24     48,975       71,510        1.46
1976............................................   204,150      318,345        1.56     98,797      174,636        1.77     50,698       64,622        1.27     54,655       79,087        1.45
1977............................................   229,513      350,706        1.53    113,201      188,378        1.66     56,136       73,179        1.30     60,176       89,149        1.48
1978............................................   260,320      400,931        1.54    126,905      211,691        1.67     66,413       86,934        1.31     67,002      102,306        1.53
1979............................................   297,701      452,640        1.52    143,936      242,157        1.68     79,051       99,679        1.26     74,713      110,804        1.48

1980............................................   327,233      508,924        1.56    154,391      265,215        1.72     93,099      122,631        1.32     79,743      121,078        1.52
1981............................................   355,822      545,786        1.53    168,129      283,413        1.69    101,180      129,654        1.28     86,514      132,719        1.53
1982............................................   347,625      573,908        1.67    163,351      311,852        1.95     95,211      127,428        1.36     89,062      134,628        1.49
1983............................................   369,286      590,287        1.56    172,547      312,379        1.78     99,225      130,075        1.28     97,514      147,833        1.44
1984............................................   410,124      649,780        1.53    190,682      339,516        1.73    112,199      142,452        1.23    107,243      167,812        1.49
1985............................................   422,583      664,089        1.56    194,538      334,799        1.73    113,459      147,409        1.28    114,586      181,881        1.52
1986............................................   430,419      662,753        1.55    194,657      322,669        1.68    114,960      153,574        1.32    120,803      186,510        1.56
1987............................................   457,735      709,814        1.50    206,326      338,075        1.59    122,968      163,903        1.29    128,442      207,836        1.55
1988............................................   496,079      765,270        1.49    223,541      367,422        1.58    134,521      178,801        1.30    138,017      219,047        1.54
1989............................................   523,065      811,154        1.52    232,724      386,911        1.64    143,760      187,009        1.28    146,581      237,234        1.58

1990............................................   542,682      834,391        1.52    239,459      399,068        1.65    149,506      195,550        1.29    153,718      239,773        1.55
1991............................................   538,485      829,685        1.54    235,518      386,348        1.67    148,306      200,062        1.33    154,661      243,275        1.54
1992............................................   561,293      838,895        1.49    244,511      379,238        1.57    154,150      207,663        1.32    162,632      251,994        1.52
1993............................................   593,076      860,979        1.44    258,520      377,425        1.47    161,681      215,878        1.31    172,875      267,676        1.51
1994............................................   639,770      916,550        1.39    280,835      391,810        1.37    172,521      234,722        1.30    186,414      290,018        1.50

1994: Jan.......................................   611,246      862,844        1.41    268,330      378,908        1.41    164,963      216,890        1.31    177,953      267,046        1.50
Feb.......................................   619,760      867,093        1.40    271,815      380,068        1.40    166,382      218,326        1.31    181,563      268,699        1.48
Mar.......................................   627,790      866,214        1.38    274,497      379,772        1.38    169,411      217,295        1.28    183,882      269,147        1.46
Apr.......................................   626,577      870,731        1.39    274,243      380,645        1.39    168,757      219,270        1.30    183,577      270,816        1.48
May.......................................   628,646      880,441        1.40    276,232      382,382        1.38    169,257      223,145        1.32    183,157      274,914        1.50
June......................................   634,614      885,082        1.39    278,566      383,106        1.38    170,884      222,970        1.30    185,164      279,006        1.51

July......................................   632,993      890,318        1.41    275,485      386,645        1.40    172,073      225,908        1.31    185,435      277,765        1.50
Aug.......................................   652,773      896,946        1.37    288,080      387,012        1.34    176,743      226,815        1.28    187,950      283,119        1.51
Sept......................................   650,790      902,022        1.39    286,134      386,531        1.35    175,759      228,619        1.30    188,897      286,872        1.52
Oct.......................................   653,389      908,519        1.39    283,975      388,063        1.37    177,903      231,982        1.30    191,511      288,474        1.51
Nov.......................................   661,571      913,799        1.38    291,191      389,988        1.34    178,711      233,824        1.31    191,669      289,987        1.51
Dec.......................................   670,968      916,550        1.37    296,053      391,810        1.32    182,830      234,772        1.28    192,085      290,018        1.51

1995: Jan.......................................   673,918      928,672        1.38    297,790      396,104        1.33    182,829      238,272        1.30    193,299      294,296        1.52
Feb.......................................   675,480      936,091        1.39    298,556      399,726        1.34    185,056      240,365        1.30    191,868      296,000        1.54
Mar.......................................   674,797      942,743        1.40    298,437      402,081        1.35    183,207      243,462        1.33    193,153      297,200        1.54
Apr.......................................   672,912      952,235        1.42    295,293      405,678        1.37    184,597      246,867        1.34    193,022      299,690        1.55
May.......................................   678,444      956,516        1.41    297,093      408,289        1.37    186,244      247,702        1.33    195,107      300,525        1.54
June......................................   682,958      960,157        1.41    298,712      410,011        1.37    187,472      249,813        1.33    196,774      300,333        1.53

July......................................   675,776      964,894        1.43    293,474      412,423        1.41    186,232      253,060        1.36    196,070      299,411        1.53
Aug.......................................   687,610      968,658        1.41    303,021      413,146        1.36    187,203      253,017        1.35    197,386      302,495        1.53
Sept......................................   689,804      973,482        1.41    304,280      416,177        1.37    188,303      254,063        1.35    197,221      303,242        1.54
Oct.......................................   688,407      979,840        1.42    303,155      417,816        1.38    188,517      256,134        1.36    196,735      305,890        1.55
Nov ....  ........
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\1\ Annual data are averages of monthly not seasonally adjusted figures.
\2\ Seasonally adjusted, end of period. Inventories beginning January 1982 for manufacturing and December 1980 for wholesale and retail trade are not comparable with earlier periods.
\3\ Inventory/sales ratio. Annual data are: beginning 1982, averages of monthly ratios; for 1958-81, ratio of December inventories to monthly average sales for the year; and for earlier years,
weighted averages. Monthly data are ratio of inventories at end of month to sales for month.

Note.--Earlier data are not strictly comparable with data beginning 1958 for manufacturing and beginning 1967 for wholesale and retail trade.

Source: Department of Commerce, Bureau of the Census.