[Economic Report of the President (2003)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-23.--Real private inventories and domestic final sales by industry, 1987-2002
[Billions of chained (1996) dollars, except as noted; seasonally adjusted]
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Private inventories\1\                                      Ratio of private
------------------------------------------------------------------------   Final     inventories  to
Con-                                                  sales      final sales of
struc-                                                  of      domestic business
Quarter                                           tion,    Manu-  Whole-            Other              domes-  --------------------
Total\2\   Farm    mining,   fac-     sale  Retail   indus-     Non-       tic
and    turing   trade   trade  tries\2\   farm\2\    busi-
util-                                                ness\3\    Total     Nonfarm
ities\2\
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Fourth quarter:

1987...........................................   1,024.1   110.7  ........   361.6   228.6   239.7     81.6      911.7    422.7        2.42      2.16
1988...........................................   1,042.5    96.5  ........   378.5   238.5   247.4     80.4      945.4    443.0        2.35      2.13
1989...........................................   1,072.1    96.6  ........   392.7   243.2   261.9     76.8      975.2    454.7        2.36      2.14

1990...........................................   1,088.6    99.2  ........   401.6   252.2   260.2     73.8      989.0    457.2        2.38      2.16
1991...........................................   1,087.6    96.9  ........   394.9   257.3   260.8     76.8      990.4    457.5        2.38      2.17
1992...........................................   1,104.7   103.1  ........   390.1   266.2   265.4     79.1    1,001.1    479.7        2.30      2.09
1993...........................................   1,124.6    95.2  ........   393.7   273.1   280.8     81.9    1,029.8    493.9        2.28      2.08
1994...........................................   1,191.5   108.1  ........   405.8   290.2   301.4     85.9    1,083.3    512.2        2.33      2.11
1995...........................................   1,221.9    95.9  ........   419.9   304.5   313.6     88.0    1,126.0    529.7        2.31      2.13

NAICS:

1996...........................................   1,251.9   103.7      28.9   422.1   287.4   327.9     81.9    1,148.1    552.8        2.26      2.08
1997...........................................   1,315.6   106.9      31.6   436.8   311.3   339.9     88.7    1,208.7    576.7        2.28      2.10

1998: I........................................   1,343.9   108.5      32.9   446.3   319.7   347.0     89.1    1,235.4    582.9        2.31      2.12
II.......................................   1,354.4   107.1      34.4   453.0   322.6   347.0     89.9    1,247.2    591.7        2.29      2.11
III......................................   1,372.3   107.3      35.5   458.3   329.8   350.3     90.9    1,264.9    595.9        2.30      2.12
IV.......................................   1,392.3   108.4      37.1   464.0   335.2   354.4     92.9    1,283.7    606.7        2.29      2.12

1999: I........................................   1,412.3   110.7      38.0   467.6   340.1   361.1     94.5    1,301.4    612.0        2.31      2.13
II.......................................   1,420.1   110.9      37.8   467.9   341.6   365.1     96.3    1,309.0    619.0        2.29      2.11
III......................................   1,432.0   107.8      36.9   471.5   347.0   370.3     97.7    1,323.6    626.3        2.29      2.11
IV.......................................   1,455.1   106.5      36.2   478.3   354.2   380.0     98.6    1,347.8    635.2        2.29      2.12

2000: I........................................   1,466.4   103.0      36.7   482.0   359.9   381.9    101.6    1,362.5    642.3        2.28      2.12
II.......................................   1,489.3   103.7      35.7   488.3   365.5   390.0    104.7    1,384.7    647.1        2.30      2.14
III .....................................   1,505.1   103.2      35.5   491.8   369.6   394.8    108.7    1,400.8    650.4        2.31      2.15
IV ......................................   1,520.1   104.0      33.6   495.8   374.1   401.6    109.8    1,415.0    652.4        2.33      2.17

2001: I........................................   1,513.3   105.4      34.9   491.1   372.9   396.6    111.0    1,406.8    657.0        2.30      2.14
II.......................................   1,498.8   104.6      37.5   480.7   370.6   392.3    111.3    1,393.1    655.3        2.29      2.13
III .....................................   1,483.3   105.1      38.9   469.7   364.3   391.5    111.8    1,377.2    654.1        2.27      2.11
IV ......................................   1,458.7   106.0      40.0   459.6   357.6   381.3    112.4    1,351.8    661.4        2.21      2.04

2002: I........................................   1,451.5   107.6      40.4   451.7   352.6   384.7    112.4    1,343.1    665.3        2.18      2.02
II.......................................   1,452.7   107.8      40.2   448.1   350.4   390.2    113.7    1,344.1    664.6        2.19      2.02
III .....................................   1,457.4   107.2      39.6   447.5   352.4   394.1    114.3    1,349.3    670.6        2.17      2.01
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\1\ Inventories at end of quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the change in private
inventories component of GDP is stated at annual rates.
\2\ Inventories of construction, mining, and utilities establishments are included in other industries through 1995.
\3\ Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of households and
institutions and of general government and includes a small amount of final sales by farm and by government enterprises.

Note.--The industry classification of inventories is on an establishment basis. Estimates for 1987 through 1995 are based on the 1987 Standard
Industrial Classification (SIC). Beginning with 1996, estimates are based on the North American Industry Classification System (NAICS).

See Survey of Current Business, Table 5.13B, for detailed information on calculation of the chained (1996) dollar inventory series.

Source: Department of Commerce, Bureau of Economic Analysis.