Table 1. ESTIMATED MONTHLY SALES AND INVENTORIES FOR MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 12 1999 1 C1 C2 C3 C4 C5 C6 C7 C8 C9 -------------SALES------------- ----------INVENTORIES---------- INVENTORIES/SALES RATIOS CMCY PMCY CMPY CMCY PMCY CMPY CMCY PMCY CMPY (P) (R) (S) (P) (R) (S) ADJUSTED TOTAL BUSINESS 868,827 859,289 795,774 1,145,115 1,139,025 1,094,345 1.32 1.33 1.38 DURABLE 444,020 439,235 409,162 694,049 690,403 663,987 1.56 1.57 1.62 NONDURABLE 424,807 420,054 386,612 451,066 448,622 430,358 1.06 1.07 1.11 MANUFACTURERS 367,353 364,971 344,247 470,951 469,836 466,798 1.28 1.29 1.36 DURABLE 205,752 204,430 195,531 295,323 294,970 295,344 1.44 1.44 1.51 NONDURABLE 161,601 160,541 148,716 175,628 174,866 171,454 1.09 1.09 1.15 RETAILERS 261,332 256,854 236,466 369,159 365,540 340,842 1.41 1.42 1.44 DURABLE 109,806 108,319 99,299 199,607 197,079 181,069 1.82 1.82 1.82 NONDURABLE 151,526 148,535 137,167 169,552 168,461 159,773 1.12 1.13 1.16 MERCHANT WHOLESALERS 240,142 237,464 215,061 305,005 303,649 286,705 1.27 1.28 1.33 DURABLE 128,462 126,486 114,332 199,119 198,354 187,574 1.55 1.57 1.64 NONDURABLE 111,680 110,978 100,729 105,886 105,295 99,131 0.95 0.95 0.98 NOT ADJUSTED TOTAL BUSINESS 921,484 859,284 843,090 1,131,084 1,168,568 1,079,784 1.23 1.36 1.28 DURABLE 458,332 433,672 422,061 684,279 697,456 653,981 1.49 1.61 1.55 NONDURABLE 463,152 425,612 421,029 446,805 471,112 425,803 0.96 1.11 1.01 MANUFACTURERS 365,470 364,779 342,295 460,856 470,921 456,330 1.26 1.29 1.33 DURABLE 208,973 203,877 198,280 287,557 295,759 287,415 1.38 1.45 1.45 NONDURABLE 156,497 160,902 144,015 173,299 175,162 168,915 1.11 1.09 1.17 RETAILERS 312,668 257,734 281,619 363,970 391,455 335,457 1.16 1.52 1.19 DURABLE 120,342 104,171 108,445 200,695 205,231 181,797 1.67 1.97 1.68 NONDURABLE 192,326 153,563 173,174 163,275 186,224 153,660 0.85 1.21 0.89 MERCHANT WHOLESALERS 243,346 236,771 219,176 306,258 306,192 287,997 1.26 1.29 1.31 DURABLE 129,017 125,624 115,336 196,027 196,466 184,769 1.52 1.56 1.60 NONDURABLE 114,329 111,147 103,840 110,231 109,726 103,228 0.96 0.99 0.99 Legend: CM=Current Month PM=Previous Month CY=Current Year PY=Previous Year CM/PM=Current Month to Previous Month PM/PM-1=Previous Month to Previous Month minus one Table 2. PERCENT CHANGES FOR SALES AND INVENTORIES - MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 12 1999 1 C1 C2 C3 C4 C5 C6 C7 C8 C9 C10 C11 C12 ADJUSTED NOT ADJUSTED ----------SALES---------- -------INVENTORIES------- ----------SALES---------- -------INVENTORIES------- CMCY/ PMCY/ CMCY/ CMCY/ PMCY/ CMCY/ CMCY/ PMCY/ CMCY/ CMCY/ PMCY/ CMCY/ PMCY PM-1CY CMPY PMCY PM-1CY CMPY PMCY PM-1CY CMPY PMCY PM-1CY CMPY TOTAL BUSINESS 1.1 1.5 9.2 0.5 1.0 4.6 7.2 0.1 9.3 -3.2 1.5 4.8 DURABLE 1.1 1.6 8.5 0.5 1.1 4.5 5.7 -1.0 8.6 -1.9 1.6 4.6 NONDURABLE 1.1 1.3 9.9 0.5 0.9 4.8 8.8 1.3 10.0 -5.2 1.3 4.9 MANUFACTURERS 0.7 1.3 6.7 0.2 0.5 0.9 0.2 -1.3 6.8 -2.1 0.5 1.0 DURABLE 0.6 1.0 5.2 0.1 0.5 0.0 2.5 -1.4 5.4 -2.8 0.8 0.0 NONDURABLE 0.7 1.7 8.7 0.4 0.5 2.4 -2.7 -1.2 8.7 -1.1 -0.1 2.6 RETAILERS 1.7 1.3 10.5 1.0 1.4 8.3 21.3 2.8 11.0 -7.0 2.9 8.5 DURABLE 1.4 2.3 10.6 1.3 1.4 10.2 15.5 1.3 11.0 -2.2 3.4 10.4 NONDURABLE 2.0 0.6 10.5 0.6 1.5 6.1 25.2 3.8 11.1 -12.3 2.3 6.3 MERCHANT WHOLESALERS 1.1 1.9 11.7 0.4 1.3 6.4 2.8 -0.4 11.0 0.0 1.3 6.3 DURABLE 1.6 1.9 12.4 0.4 1.6 6.2 2.7 -2.0 11.9 -0.2 1.0 6.1 NONDURABLE 0.6 1.8 10.9 0.6 0.7 6.8 2.9 1.5 10.1 0.5 1.8 6.8 Legend: CM=Current Month PM=Previous Month CY=Current Year PY=Previous Year CM/PM=Current Month to Previous Month PM/PM-1=Previous Month to Previous Month minus one Table 3. ESTIMATED MONTHLY RETAIL SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS, BY KIND OF BUSINESS DATA MONTH 12 1999 1 C1 C2 C3 C4 C5 C6 C7 C8 C9 C10 C11 C12 ----------SALES---------- -------INVENTORIES------- PERCENT CHANGE IN INVENTORIES INVENTORIES/SALES RATIOS KIND OF BUSINESS CMCY PMCY CMPY CMCY PMCY CMPY CMCY/ PMCY/ CMCY/ (p) (r) (s) (p) (r) (s) PMCY (PM-1)CY CMPY CMCY PMCY CMPY ADJUSTED RETAIL TRADE, TOTAL 261,332 256,854 236,466 369,159 365,540 340,842 1.0 1.4 8.3 1.41 1.42 1.44 TOTAL (EXCL. AUTO GROUP) 195,951 192,391 177,756 261,423 258,600 244,739 1.1 1.1 6.8 1.33 1.34 1.38 DURABLE GOODS, TOTAL 109,806 108,319 99,299 199,607 197,079 181,069 1.3 1.4 10.2 1.82 1.82 1.82 BUILD MATERIALS GROUP STORES 15,858 15,792 14,570 29,521 29,212 27,087 1.1 0.7 9.0 1.86 1.85 1.86 AUTOMOTIVE GROUP 65,381 64,463 58,710 107,736 106,940 96,103 0.7 2.2 12.1 1.65 1.66 1.64 FURNITURE GROUP STORES 14,073 13,830 13,067 26,368 26,021 25,351 1.3 1.1 4.0 1.87 1.88 1.94 NONDURABLE GOODS, TOTAL 151,526 148,535 137,167 169,552 168,461 159,773 0.6 1.5 6.1 1.12 1.13 1.16 GENERAL MERCHANDISE GROUP STORES 32,725 32,384 30,072 62,404 62,865 60,311 -0.7 1.9 3.5 1.91 1.94 2.01 DEPT STORES (EXCL. LEASED DEPTS.) 25,429 25,184 23,730 50,916 51,483 49,184 -1.1 2.2 3.5 2.00 2.04 2.07 FOOD GROUP STORES 40,498 39,256 37,360 31,802 31,555 29,554 0.8 0.1 7.6 0.79 0.80 0.79 APPAREL AND ACCESSORY STORES 11,188 11,151 10,753 25,898 25,594 25,542 1.2 1.5 1.4 2.31 2.30 2.38 NOT ADJUSTED RETAIL TRADE, TOTAL 312,668 257,734 281,619 363,970 391,455 335,457 -7.0 2.9 8.5 1.16 1.52 1.19 TOTAL (EXCL. AUTO GROUP) 253,291 198,959 228,459 252,288 283,682 235,966 -11.1 1.8 6.9 1.00 1.43 1.03 DURABLE GOODS, TOTAL 120,342 104,171 108,445 200,695 205,231 181,797 -2.2 3.4 10.4 1.67 1.97 1.68 BUILD MATERIALS GROUP STORES 14,357 15,176 13,347 28,399 28,394 26,058 0.0 -0.8 9.0 1.98 1.87 1.95 AUTOMOTIVE GROUP 59,377 58,775 53,160 111,682 107,773 99,491 3.6 5.9 12.3 1.88 1.83 1.87 FURNITURE GROUP STORES 20,098 15,089 18,520 25,999 29,690 25,021 -12.4 3.4 3.9 1.29 1.97 1.35 NONDURABLE GOODS, TOTAL 192,326 153,563 173,174 163,275 186,224 153,660 -12.3 2.3 6.3 0.85 1.21 0.89 GENERAL MERCHANDISE GROUP STORES 54,578 36,810 49,791 57,861 73,925 55,921 -21.7 3.6 3.5 1.06 2.01 1.12 DEPT STORES (EXCL. LEASED DEPTS.) 43,459 28,911 40,127 47,097 60,699 45,495 -22.4 4.3 3.5 1.08 2.10 1.13 FOOD GROUP STORES 44,475 38,613 40,655 32,502 33,176 30,231 -2.0 2.1 7.5 0.73 0.86 0.74 APPAREL AND ACCESSORY STORES 18,142 12,387 17,154 23,671 28,588 23,320 -17.2 0.3 1.5 1.30 2.31 1.36 Legend: CM=Current Month PM=Previous Month CY=Current Year PY=Previous Year CM/PM=Current Month to Previous Month PM/PM-1=Previous Month to Previous Month minus one Table 4. ADJUSTED MTIS DOLLAR AND PERCENT CHANGES DATA MONTH 12 1999 1 C1 C2 C3 C4 C5 C6 ----------DOLLAR CHANGES----------- ----------PERCENT CHANGES---------- CMCY-PMCY PMCY-(PM-1)CY CMCY-CMPY CMCY/PMCY PMCY/(PM-1)CY CMCY/CMPY SALES TOTAL BUSINESS 9,538 12,492 73,053 1.1 1.5 9.2 DURABLE 4,785 6,980 34,858 1.1 1.6 8.5 NONDURABLE 4,753 5,512 38,195 1.1 1.3 9.9 MANUFACTURERS 2,382 4,770 23,106 0.7 1.3 6.7 DURABLE 1,322 2,124 10,221 0.6 1.0 5.2 NONDURABLE 1,060 2,646 12,885 0.7 1.7 8.7 RETAILERS 4,478 3,306 24,866 1.7 1.3 10.5 DURABLE 1,487 2,449 10,507 1.4 2.3 10.6 NONDURABLE 2,991 857 14,359 2.0 0.6 10.5 MERCHANT WHOLESALERS 2,678 4,416 25,081 1.1 1.9 11.7 DURABLE 1,976 2,407 14,130 1.6 1.9 12.4 NONDURABLE 702 2,009 10,951 0.6 1.8 10.9 INVENTORY TOTAL BUSINESS 6,090 11,253 50,770 0.5 1.0 4.6 DURABLE 3,646 7,300 30,062 0.5 1.1 4.5 NONDURABLE 2,444 3,953 20,708 0.5 0.9 4.8 MANUFACTURERS 1,115 2,314 4,153 0.2 0.5 0.9 DURABLE 353 1,522 -21 0.1 0.5 0.0 NONDURABLE 762 792 4,174 0.4 0.5 2.4 RETAILERS 3,619 5,083 28,317 1.0 1.4 8.3 DURABLE 2,528 2,673 18,538 1.3 1.4 10.2 NONDURABLE 1,091 2,410 9,779 0.6 1.5 6.1 MERCHANT WHOLESALERS 1,356 3,856 18,300 0.4 1.3 6.4 DURABLE 765 3,105 11,545 0.4 1.6 6.2 NONDURABLE 591 751 6,755 0.6 0.7 6.8 Legend: CM=Current Month PM=Previous Month CY=Current Year PY=Previous Year CM/PM=Current Month to Previous Month PM/PM-1=Previous Month to Previous Month minus one Table 5. PM REVISIONS PRELIMINARY TO FINAL DATA MONTH 12 1999 1 C1 C2 C3 C4 C5 C6 ------------UNADJUSTED------------- -------------ADJUSTED-------------- PM (P) PM(F)-PM(P) PM(F)/PM(P) PM (P) PM(F)-PM(P) PM(F)/PM(P) $ CHANGE % CHANGE $ CHANGE % CHANGE SALES TOTAL BUSINESS 858,366 918 0.11 857,765 1,524 0.18 DURABLE 432,835 837 0.19 438,174 1,061 0.24 NONDURABLE 425,531 81 0.02 419,591 463 0.11 MANUFACTURERS 364,185 594 0.16 364,518 453 0.12 DURABLE 203,324 553 0.27 203,984 446 0.22 NONDURABLE 160,861 41 0.03 160,534 7 0.00 RETAILERS 257,653 81 0.03 256,442 412 0.16 DURABLE 104,238 -67 -0.06 108,229 90 0.08 NONDURABLE 153,415 148 0.10 148,213 322 0.22 MERCHANT WHOLESALERS 236,528 243 0.10 236,805 659 0.28 DURABLE 125,273 351 0.28 125,961 525 0.42 NONDURABLE 111,255 -108 -0.10 110,844 134 0.12 INVENTORY TOTAL BUSINESS 1,168,195 373 0.03 1,137,494 1,531 0.13 DURABLE 697,208 248 0.04 689,430 973 0.14 NONDURABLE 470,987 125 0.03 448,064 558 0.12 MANUFACTURERS 471,002 -81 -0.02 469,656 180 0.04 DURABLE 295,802 -43 -0.01 294,834 136 0.05 NONDURABLE 175,200 -38 -0.02 174,822 44 0.03 RETAILERS 391,555 -100 -0.03 364,891 649 0.18 DURABLE 205,127 104 0.05 196,501 578 0.29 NONDURABLE 186,428 -204 -0.11 168,390 71 0.04 MERCHANT WHOLESALERS 305,638 554 0.18 302,947 702 0.23 DURABLE 196,279 187 0.10 198,095 259 0.13 NONDURABLE 109,359 367 0.34 104,852 443 0.42 Legend: CM=Current Month PM=Previous Month CY=Current Year PY=Previous Year CM/PM=Current Month to Previous Month PM/PM-1=Previous Month to Previous Month minus one