Table 1. ESTIMATED MONTHLY SALES AND INVENTORIES FOR MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 03 2000 1 -------------SALES------------- ----------INVENTORIES---------- INVENTORIES/SALES RATIOS Mar. 2000 Feb. 2000 Mar. 1999 Mar. 2000 Feb. 2000 Mar. 1999 Mar. 2000 Feb. 2000 Mar. 1999 (p) (r) (s) (p) (r) (s) ADJUSTED TOTAL BUSINESS 891,250 881,157 811,873 1,166,278 1,162,448 1,108,353 1.31 1.32 1.37 DURABLE 454,837 449,396 419,510 709,072 706,828 676,275 1.56 1.57 1.61 NONDURABLE 436,413 431,761 392,363 457,206 455,620 432,078 1.05 1.06 1.10 MANUFACTURERS 377,108 370,865 349,065 476,216 475,999 463,578 1.26 1.28 1.33 DURABLE 211,230 206,555 198,292 298,305 298,505 293,391 1.41 1.45 1.48 NONDURABLE 165,878 164,310 150,773 177,911 177,494 170,187 1.07 1.08 1.13 RETAILERS 268,550 267,164 242,316 375,586 374,219 352,287 1.40 1.40 1.45 DURABLE 112,831 113,179 101,367 204,728 203,281 190,241 1.81 1.80 1.88 NONDURABLE 155,719 153,985 140,949 170,858 170,938 162,046 1.10 1.11 1.15 MERCHANT WHOLESALERS 245,592 243,128 220,492 314,476 312,230 292,488 1.28 1.28 1.33 DURABLE 130,776 129,662 119,851 206,039 205,042 192,643 1.58 1.58 1.61 NONDURABLE 114,816 113,466 100,641 108,437 107,188 99,845 0.94 0.94 0.99 NOT ADJUSTED TOTAL BUSINESS 935,722 842,283 851,099 1,170,356 1,164,016 1,111,225 1.25 1.38 1.31 DURABLE 489,545 433,245 450,771 714,260 710,139 680,561 1.46 1.64 1.51 NONDURABLE 446,177 409,038 400,328 456,096 453,877 430,664 1.02 1.11 1.08 MANUFACTURERS 399,124 365,756 369,208 475,488 479,087 462,645 1.19 1.31 1.25 DURABLE 230,310 205,200 215,480 297,781 300,744 292,680 1.29 1.47 1.36 NONDURABLE 168,814 160,556 153,728 177,707 178,343 169,965 1.05 1.11 1.11 RETAILERS 273,022 244,951 244,511 377,569 369,233 353,713 1.38 1.51 1.45 DURABLE 118,178 105,562 105,375 209,710 203,974 194,654 1.77 1.93 1.85 NONDURABLE 154,844 139,389 139,136 167,859 165,259 159,059 1.08 1.19 1.14 MERCHANT WHOLESALERS 263,576 231,576 237,380 317,299 315,696 294,867 1.20 1.36 1.24 DURABLE 141,057 122,483 129,916 206,769 205,421 193,227 1.47 1.68 1.49 NONDURABLE 122,519 109,093 107,464 110,530 110,275 101,640 0.90 1.01 0.95 (p) preliminary. (r) revised. (s) Adjusted data were revised due to concurrent seasonal adjustment. No revisions were made to Not Adjusted data. Table 2. PERCENT CHANGES FOR SALES AND INVENTORIES - MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 03 2000 1 ADJUSTED NOT ADJUSTED --------------SALES--------------- -----------INVENTORIES------------ --------------SALES--------------- -----------INVENTORIES------------ Mar. 2000/ Feb. 2000/ Mar. 2000/ Mar. 2000/ Feb. 2000/ Mar. 2000/ Mar. 2000/ Feb. 2000/ Mar. 2000/ Mar. 2000/ Feb. 2000/ Mar. 2000/ Feb. 2000 Jan. 2000 Mar. 1999 Feb. 2000 Jan. 2000 Mar. 1999 Feb. 2000 Jan. 2000 Mar. 1999 Feb. 2000 Jan. 2000 Mar. 1999 TOTAL BUSINESS 1.1 0.4 9.8 0.3 0.5 5.2 11.1 7.5 9.9 0.5 1.2 5.3 DURABLE 1.2 -0.6 8.4 0.3 0.3 4.8 13.0 9.8 8.6 0.6 1.6 5.0 NONDURABLE 1.1 1.5 11.2 0.3 0.7 5.8 9.1 5.1 11.5 0.5 0.7 5.9 MANUFACTURERS 1.7 0.1 8.0 0.0 0.7 2.7 9.1 9.7 8.1 -0.8 1.8 2.8 DURABLE 2.3 -1.4 6.5 -0.1 0.7 1.7 12.2 11.3 6.9 -1.0 2.1 1.7 NONDURABLE 1.0 2.0 10.0 0.2 0.8 4.5 5.1 7.7 9.8 -0.4 1.4 4.6 RETAILERS 0.5 1.4 10.8 0.4 0.1 6.6 11.5 6.6 11.7 2.3 1.4 6.7 DURABLE -0.3 1.3 11.3 0.7 -0.5 7.6 12.0 11.4 12.1 2.8 1.1 7.7 NONDURABLE 1.1 1.5 10.5 0.0 0.8 5.4 11.1 3.2 11.3 1.6 1.7 5.5 MERCHANT WHOLESALERS 1.0 0.0 11.4 0.7 0.6 7.5 13.8 5.0 11.0 0.5 0.1 7.6 DURABLE 0.9 -0.8 9.1 0.5 0.6 7.0 15.2 6.1 8.6 0.7 1.3 7.0 NONDURABLE 1.2 0.9 14.1 1.2 0.6 8.6 12.3 3.8 14.0 0.2 -2.1 8.7 (p) preliminary. (r) revised. (s) Adjusted data were revised due to concurrent seasonal adjustment. No revisions were made to Not Adjusted data. Table 3. ESTIMATED MONTHLY RETAIL SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS, BY KIND OF BUSINESS DATA MONTH 03 2000 1 -------------SALES------------- ----------INVENTORIES---------- PERCENT CHANGE IN INVENTORIES INVENTORIES/SALES RATIOS KIND OF BUSINESS Mar. 2000 Feb. 2000 Mar. 1999 Mar. 2000 Feb. 2000 Mar. 1999 Mar. 2000/ Feb. 2000/ Mar. 2000/ (p) (r) (s) (p) (r) (s) Feb. 2000 Jan. 2000 Mar. 1999 Mar. 2000 Feb. 2000 Mar. 1999 ADJUSTED RETAIL TRADE, TOTAL 268,550 267,164 242,316 375,586 374,219 352,287 0.4 0.1 6.6 1.40 1.40 1.45 TOTAL (EXCL. AUTO GROUP) 201,129 198,717 182,102 265,896 264,849 250,465 0.4 0.6 6.2 1.32 1.33 1.38 DURABLE GOODS, TOTAL 112,831 113,179 101,367 204,728 203,281 190,241 0.7 -0.5 7.6 1.81 1.80 1.88 BUILD MATERIALS GROUP STORES 16,065 15,341 14,680 29,974 29,791 27,856 0.6 1.1 7.6 1.87 1.94 1.90 AUTOMOTIVE GROUP 67,421 68,447 60,214 109,690 109,370 101,822 0.3 -1.0 7.7 1.63 1.60 1.69 FURNITURE GROUP STORES 14,516 14,436 13,133 26,664 26,169 25,178 1.9 0.4 5.9 1.84 1.81 1.92 NONDURABLE GOODS, TOTAL 155,719 153,985 140,949 170,858 170,938 162,046 0.0 0.8 5.4 1.10 1.11 1.15 GENERAL MERCHANDISE GROUP STORES 33,214 32,972 31,155 63,062 63,435 60,847 -0.6 0.3 3.6 1.90 1.92 1.95 DEPT STORES (EXCL. LEASED DEPTS.) 25,857 25,678 24,506 51,280 51,592 49,757 -0.6 0.6 3.1 1.98 2.01 2.03 FOOD GROUP STORES 39,553 39,236 37,375 31,888 31,850 30,284 0.1 0.3 5.3 0.81 0.81 0.81 APPAREL AND ACCESSORY STORES 11,884 11,702 11,087 25,825 25,647 25,797 0.7 0.9 0.1 2.17 2.19 2.33 NOT ADJUSTED RETAIL TRADE, TOTAL 273,022 244,951 244,511 377,569 369,233 353,713 2.3 1.4 6.7 1.38 1.51 1.45 TOTAL (EXCL. AUTO GROUP) 198,151 178,248 178,266 261,579 255,571 246,176 2.4 1.6 6.3 1.32 1.43 1.38 DURABLE GOODS, TOTAL 118,178 105,562 105,375 209,710 203,974 194,654 2.8 1.1 7.7 1.77 1.93 1.85 BUILD MATERIALS GROUP STORES 15,694 12,113 14,272 31,173 29,880 28,942 4.3 5.1 7.7 1.99 2.47 2.03 AUTOMOTIVE GROUP 74,871 66,703 66,245 115,990 113,662 107,537 2.0 0.9 7.9 1.55 1.70 1.62 FURNITURE GROUP STORES 14,267 13,436 12,812 25,837 24,834 24,347 4.0 -0.4 6.1 1.81 1.85 1.90 NONDURABLE GOODS, TOTAL 154,844 139,389 139,136 167,859 165,259 159,059 1.6 1.7 5.5 1.08 1.19 1.14 GENERAL MERCHANDISE GROUP STORES 31,199 27,308 28,984 61,092 60,073 58,899 1.7 2.8 3.7 1.96 2.20 2.03 DEPT STORES (EXCL. LEASED DEPTS.) 24,125 21,056 22,693 49,793 48,858 48,264 1.9 3.3 3.2 2.06 2.32 2.13 FOOD GROUP STORES 39,732 36,506 37,420 31,762 31,483 30,165 0.9 -1.6 5.3 0.80 0.86 0.81 APPAREL AND ACCESSORY STORES 11,311 9,147 10,609 25,438 24,262 25,410 4.8 6.3 0.1 2.25 2.65 2.40 (p) preliminary. (r) revised. (s) Adjusted data were revised due to concurrent seasonal adjustment. No revisions were made to Not Adjusted data. Table 4. ADJUSTED MTIS DOLLAR AND PERCENT CHANGES DATA MONTH 03 2000 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 10,093 3,886 79,377 1.1 0.4 9.8 DURABLE 5,441 -2,489 35,327 1.2 -0.6 8.4 NONDURABLE 4,652 6,375 44,050 1.1 1.5 11.2 MANUFACTURERS 6,243 300 28,043 1.7 0.1 8.0 DURABLE 4,675 -2,887 12,938 2.3 -1.4 6.5 NONDURABLE 1,568 3,187 15,105 1.0 2.0 10.0 RETAILERS 1,386 3,671 26,234 0.5 1.4 10.8 DURABLE -348 1,465 11,464 -0.3 1.3 11.3 NONDURABLE 1,734 2,206 14,770 1.1 1.5 10.5 MERCHANT WHOLESALERS 2,464 -85 25,100 1.0 0.0 11.4 DURABLE 1,114 -1,067 10,925 0.9 -0.8 9.1 NONDURABLE 1,350 982 14,175 1.2 0.9 14.1 INVENTORY TOTAL BUSINESS 3,830 5,506 57,925 0.3 0.5 5.2 DURABLE 2,244 2,237 32,797 0.3 0.3 4.8 NONDURABLE 1,586 3,269 25,128 0.3 0.7 5.8 MANUFACTURERS 217 3,293 12,638 0.0 0.7 2.7 DURABLE -200 1,939 4,914 -0.1 0.7 1.7 NONDURABLE 417 1,354 7,724 0.2 0.8 4.5 RETAILERS 1,367 351 23,299 0.4 0.1 6.6 DURABLE 1,447 -951 14,487 0.7 -0.5 7.6 NONDURABLE -80 1,302 8,812 0.0 0.8 5.4 MERCHANT WHOLESALERS 2,246 1,862 21,988 0.7 0.6 7.5 DURABLE 997 1,249 13,396 0.5 0.6 7.0 NONDURABLE 1,249 613 8,592 1.2 0.6 8.6 Legend: (P)=Preliminary (F)=Final 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 03 2000 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 839,263 3,020 0.36 876,845 4,312 0.49 DURABLE 431,863 1,382 0.32 447,280 2,116 0.47 NONDURABLE 407,400 1,638 0.40 429,565 2,196 0.51 MANUFACTURERS 364,533 1,223 0.34 368,910 1,955 0.53 DURABLE 204,751 449 0.22 205,534 1,021 0.50 NONDURABLE 159,782 774 0.48 163,376 934 0.57 RETAILERS 243,140 1,811 0.74 265,147 2,017 0.76 DURABLE 104,520 1,042 1.00 112,044 1,135 1.01 NONDURABLE 138,620 769 0.55 153,103 882 0.58 MERCHANT WHOLESALERS 231,590 -14 -0.01 242,788 340 0.14 DURABLE 122,592 -109 -0.09 129,702 -40 -0.03 NONDURABLE 108,998 95 0.09 113,086 380 0.34 INVENTORY TOTAL BUSINESS 1,163,151 865 0.07 1,161,337 1,111 0.10 DURABLE 709,718 421 0.06 706,349 479 0.07 NONDURABLE 453,433 444 0.10 454,988 632 0.14 MANUFACTURERS 478,780 307 0.06 476,052 -53 -0.01 DURABLE 300,915 -171 -0.06 298,974 -469 -0.16 NONDURABLE 177,865 478 0.27 177,078 416 0.23 RETAILERS 368,014 1,219 0.33 372,733 1,486 0.40 DURABLE 202,951 1,023 0.50 201,901 1,380 0.68 NONDURABLE 165,063 196 0.12 170,832 106 0.06 MERCHANT WHOLESALERS 316,357 -661 -0.21 312,552 -322 -0.10 DURABLE 205,852 -431 -0.21 205,474 -432 -0.21 NONDURABLE 110,505 -230 -0.21 107,078 110 0.10 Legend: (P)=Preliminary (F)=Final 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