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


 
Table B-57.--Manufacturing and trade sales and inventories, 1965-2002
[Amounts in millions of dollars; monthly data seasonally adjusted]
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Total manufacturing and  trade         Manufac-  turing            Merchant  wholesalers                Retail  trade            Retail
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Year  or  month
Sales\1\    Inven-    Ratio\3\  Sales\1\    Inven-   Ratio\3\  Sales\1\    Inven-   Ratio\3\     Sales       Inven-   Ratio\3\  services
tories\2\                      tories\2\                      tories\2\               \1\\4\    tories\2\              sales
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SIC: \5\
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     664,039     1.56    194,538    334,749     1.73    113,459    147,409     1.28      114,586     181,881    1.52    ........
1986..................................................   430,419     662,738     1.55    194,657    322,654     1.68    114,960    153,574     1.32      120,803     186,510    1.56    ........
1987..................................................   457,735     709,848     1.50    206,326    338,109     1.59    122,968    163,903     1.29      128,442     207,836    1.55    ........
1988..................................................   497,157     767,222     1.49    224,619    369,374     1.57    134,521    178,801     1.30      138,017     219,047    1.54    ........
1989..................................................   527,039     815,455     1.52    236,698    391,212     1.63    143,760    187,009     1.28      146,581     237,234    1.58    ........

1990..................................................   545,909     840,594     1.52    242,686    405,073     1.65    149,506    195,833     1.29      153,718     239,688    1.56    ........
1991..................................................   542,815     834,609     1.53    239,847    390,950     1.65    148,306    200,448     1.33      154,661     243,211    1.54    ........
1992..................................................   567,176     842,809     1.48    250,394    382,510     1.54    154,150    208,302     1.32      162,632     251,997    1.52    ........
NAICS: \5\
1992..................................................   537,899     837,873     1.53    239,330    375,602     1.57    144,302    194,463     1.32      154,268     267,808    1.68     171,219
1993..................................................   564,458     864,841     1.51    248,789    376,205     1.51    150,833    202,730     1.31      164,837     285,906    1.69     182,841
1994..................................................   605,983     927,859     1.47    265,918    396,074     1.45    161,133    219,766     1.30      178,932     312,019    1.67     197,735
1995..................................................   648,961     986,329     1.49    284,499    420,648     1.45    176,227    236,145     1.31      188,235     329,536    1.72     207,704
1996..................................................   680,673   1,005,021     1.47    293,835    425,904     1.44    186,649    238,782     1.28      200,190     340,335    1.68     220,431
1997..................................................   716,672   1,044,981     1.43    313,018    437,801     1.38    194,541    256,417     1.27      209,112     350,763    1.65     230,616
1998..................................................   736,556   1,076,471     1.45    318,730    442,771     1.39    198,319    269,412     1.33      219,507     364,288    1.62     242,228
1999..................................................   779,798   1,134,734     1.41    329,029    456,547     1.36    211,756    285,686     1.31      239,013     392,501    1.59     262,803

2000..................................................   827,951   1,198,395     1.42    343,710    477,242     1.37    229,313    304,678     1.30      254,928     416,475    1.59     280,427
2001..................................................   815,111   1,122,990     1.43    324,811    439,162     1.42    226,313    288,014     1.32      263,987     395,814    1.55     290,713

2001: Jan.............................................   824,702   1,200,281     1.46    331,977    479,506     1.44    232,529    303,655     1.31      260,196     417,120    1.60     286,878
Feb.............................................   827,420   1,195,223     1.44    334,843    477,731     1.43    231,852    303,381     1.31      260,725     414,111    1.59     287,182
Mar.............................................   822,713   1,189,606     1.45    335,154    473,644     1.41    228,370    303,029     1.33      259,189     412,933    1.59     285,716
Apr.............................................   815,643   1,186,817     1.46    325,595    472,121     1.45    228,128    302,941     1.33      261,920     411,755    1.57     288,366
May.............................................   825,554   1,183,677     1.43    334,343    468,623     1.40    227,281    303,204     1.33      263,930     411,850    1.56     290,567
June............................................   812,935   1,174,448     1.44    325,391    463,509     1.42    224,588    301,309     1.34      262,956     409,630    1.56     289,681

July............................................   814,554   1,168,281     1.43    325,820    460,388     1.41    225,620    298,162     1.32      263,114     409,731    1.56     289,971
Aug.............................................   817,149   1,165,208     1.43    326,654    456,084     1.40    226,739    297,079     1.31      263,756     412,045    1.56     290,791
Sept............................................   798,394   1,158,218     1.45    313,222    452,041     1.44    225,166    295,766     1.31      260,006     410,411    1.58     286,322
Oct.............................................   816,883   1,141,144     1.40    318,134    449,047     1.41    221,333    293,113     1.32      277,416     398,984    1.44     304,043
Nov.............................................   806,589   1,129,014     1.40    315,079    443,805     1.41    221,978    289,458     1.30      269,532     395,751    1.47     296,278
Dec.............................................   803,005   1,122,990     1.40    316,191    439,162     1.39    220,380    288,014     1.31      266,434     395,814    1.49     294,328

2002: Jan.............................................   811,196   1,122,911     1.38    321,171    436,648     1.36    223,023    286,994     1.29      267,002     399,269    1.50     294,852
Feb.............................................   804,624   1,120,288     1.39    311,476    434,087     1.39    224,738    284,508     1.27      268,410     401,693    1.50     296,468
Mar.............................................   808,644   1,116,303     1.38    315,593    431,434     1.37    224,855    283,732     1.26      268,196     401,137    1.50     296,199
Apr.............................................   822,615   1,113,864     1.35    322,962    430,153     1.33    228,131    281,193     1.23      271,522     402,518    1.48     299,642
May.............................................   820,227   1,116,527     1.36    323,736    428,592     1.32    228,052    281,080     1.23      268,439     406,855    1.52     296,567
June............................................   822,795   1,119,454     1.36    320,810    428,230     1.33    229,638    282,340     1.23      272,347     408,884    1.50     300,634

July............................................   833,564   1,124,317     1.35    326,101    427,996     1.31    231,353    284,083     1.23      276,110     412,238    1.49     304,218
Aug.............................................   834,562   1,125,024     1.35    323,729    428,574     1.32    233,314    284,348     1.22      277,519     412,102    1.48     305,616
Sept............................................   828,454   1,132,074     1.37    322,608    429,385     1.33    232,798    285,386     1.23      273,048     417,303    1.53     301,181
Oct.............................................   832,466   1,133,221     1.36    326,339    429,074     1.31    232,891    283,971     1.22      273,236     420,176    1.54     301,551
Nov ...........................................   834,967   1,136,014     1.36    323,730    427,792     1.32    235,672    284,491     1.21      275,565     423,731    1.54     304,198
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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 1965-81, ratio of December inventories to monthly average sales for the year; and for earlier years,
weighted averages. Monthly ratios are inventories at end of month to sales for month.
\4\ Food services included on SIC basis and excluded on NAICS basis. See last column for retail and food services sales.
\5\ Effective in 2001, data classified based on North American Industry Classification System (NAICS). Data on NAICS basis available beginning 1992. Earlier data based on Standard Industrial
Classification (SIC).
Data on SIC basis include semiconductors. In 2002, data on NAICS basis were revised and exclude semiconductors.

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

Source: Department of Commerce, Bureau of the Census.