[Economic Report of the President (2004)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-57.--Manufacturing and trade sales and inventories, 1965-2003
[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..................................................   541,227     840,820     1.53    242,002    379,183     1.57    144,302    193,706     1.31      154,923     267,931    1.67     171,875
1993..................................................   568,073     868,067     1.50    251,708    380,102     1.51    150,833    201,939     1.31      165,533     286,026    1.68     183,537
1994..................................................   610,669     931,353     1.47    269,843    400,335     1.44    161,133    218,856     1.30      179,693     312,162    1.66     198,496
1995..................................................   655,227     989,989     1.48    289,973    425,217     1.44    176,227    235,128     1.30      189,028     329,644    1.72     208,496
1996..................................................   687,472   1,009,196     1.46    299,766    430,816     1.43    186,649    237,828     1.28      201,058     340,552    1.67     221,299
1997..................................................   724,126   1,050,132     1.42    319,558    443,804     1.37    194,541    255,427     1.27      210,027     350,901    1.64     231,530
1998..................................................   743,716   1,082,701     1.44    324,984    499,231     1.39    198,319    268,385     1.32      220,413     365,085    1.62     243,133
1999..................................................   787,656   1,143,124     1.41    335,991    463,646     1.35    211,797    285,167     1.31      239,869     394,311    1.59     263,696

2000..................................................   835,239   1,201,677     1.41    350,715    481,396     1.35    228,549    302,495     1.30      255,974     417,786    1.59     281,497
2001..................................................   819,373   1,145,363     1.44    330,875    452,236     1.42    225,722    287,556     1.32      262,776     405,571    1.58     289,300
2002..................................................   824,013   1,169,352     1.40    324,313    444,188     1.37    229,250    288,847     1.25      270,451     436,317    1.56     298,334

2002:  Jan............................................   810,748   1,144,083     1.41    323,837    448,919     1.39    222,112    286,905     1.29      264,799     408,259    1.54     292,393
Feb.............................................   810,406   1,141,534     1.41    320,087    446,363     1.39    224,199    284,463     1.27      266,120     410,708    1.54     293,878
Mar.............................................   807,958   1,140,487     1.41    318,481    445,444     1.40    223,530    284,642     1.27      265,947     410,401    1.54     293,579
Apr.............................................   823,133   1,139,091     1.38    325,938    444,605     1.36    227,173    282,779     1.24      270,022     411,707    1.52     297,827
May.............................................   819,673   1,142,364     1.39    325,999    442,917     1.36    227,446    282,853     1.24      266,228     416,594    1.56     293,870
June............................................   821,495   1,144,988     1.39    322,827    442,415     1.37    228,575    283,920     1.24      270,093     418,653    1.55     298,026

July............................................   831,022   1,152,039     1.39    328,367    442,605     1.35    229,714    286,083     1.25      272,941     423,351    1.55     300,842
Aug.............................................   833,117   1,153,106     1.38    326,168    442,827     1.36    232,373    286,685     1.23      274,576     423,594    1.54     302,449
Sept............................................   828,278   1,159,217     1.40    326,165    443,595     1.36    231,752    287,186     1.24      270,361     428,436    1.58     298,239
Oct.............................................   833,161   1,160,528     1.39    329,349    443,545     1.35    231,615    285,890     1.23      272,197     431,093    1.58     299,924
Nov.............................................   834,536   1,163,281     1.39    326,527    442,499     1.36    234,619    286,317     1.22      273,390     434,465    1.59     301,469
Dec.............................................   833,037   1,169,352     1.40    323,362    444,188     1.37    233,732    288,847     1.24      275,943     436,317    1.58     304,659

2003:  Jan............................................   844,999   1,172,045     1.39    329,665    444,220     1.35    236,978    288,705     1.22      278,356     439,120    1.58     307,045
Feb.............................................   837,850   1,179,647     1.41    325,591    446,088     1.37    238,193    289,680     1.22      274,066     443,879    1.62     302,741
Mar.............................................   851,680   1,183,281     1.39    330,764    445,180     1.35    240,547    290,938     1.21      280,369     447,163    1.59     309,567
Apr.............................................   836,843   1,183,557     1.41    322,608    445,207     1.38    234,634    290,092     1.24      279,601     448,258    1.60     308,675
May.............................................   838,547   1,179,925     1.41    323,920    444,049     1.37    234,049    288,962     1.23      280,578     446,914    1.59     310,214
June............................................   849,696   1,180,343     1.39    328,643    442,666     1.35    237,735    288,919     1.22      283,318     448,758    1.58     313,142

July............................................   863,732   1,178,142     1.36    337,248    440,767     1.31    238,919    289,061     1.21      287,565     448,314    1.56     317,512
Aug.............................................   861,312   1,173,573     1.36    331,676    439,632     1.33    239,515    288,717     1.21      290,121     445,224    1.53     320,703
Sept............................................   869,199   1,178,322     1.36    337,598    438,294     1.30    242,007    289,691     1.20      289,594     450,337    1.56     319,621
Oct.............................................   875,497   1,183,298     1.35    339,825    438,680     1.29    246,732    291,224     1.18      288,940     453,394    1.57     319,705
Nov p...........................................   879,768   1,187,426     1.35    339,899    437,904     1.29    247,448    292,743     1.18      292,421     456,779    1.56     323,541
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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 include 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.