Table 1. ESTIMATED MONTHLY SALES AND INVENTORIES FOR MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 12 2001 1 -------------SALES------------- ----------INVENTORIES---------- INVENTORIES/SALES RATIOS Dec. 2001 Nov. 2001 Dec. 2000 Dec. 2001 Nov. 2001 Dec. 2000 Dec. 2001 Nov. 2001 Dec. 2000 (p) (r) (s) (p) (r) (s) ADJUSTED TOTAL BUSINESS 817,451 817,316 847,114 1,135,075 1,139,678 1,206,603 1.39 1.39 1.42 MANUFACTURERS 326,662 324,866 354,689 448,809 451,365 483,544 1.37 1.39 1.36 RETAILERS 268,083 268,849 258,456 398,057 398,375 418,594 1.48 1.48 1.62 MERCHANT WHOLESALERS 222,706 223,601 233,969 288,209 289,938 304,465 1.29 1.30 1.30 NOT ADJUSTED TOTAL BUSINESS 848,380 817,536 880,539 1,119,626 1,171,624 1,191,498 1.32 1.43 1.35 MANUFACTURERS 321,466 322,099 351,571 437,615 453,358 472,455 1.36 1.41 1.34 RETAILERS 311,341 272,597 303,104 393,409 426,046 414,186 1.26 1.56 1.37 MERCHANT WHOLESALERS 215,573 222,840 225,864 288,602 292,220 304,857 1.34 1.31 1.35 (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 12 2001 1 ADJUSTED NOT ADJUSTED --------------SALES--------------- -----------INVENTORIES------------ --------------SALES--------------- -----------INVENTORIES------------ Dec. 2001/ Nov. 2001/ Dec. 2001/ Dec. 2001/ Nov. 2001/ Dec. 2001/ Dec. 2001/ Nov. 2001/ Dec. 2001/ Dec. 2001/ Nov. 2001/ Dec. 2001/ Nov. 2001 Oct. 2001 Dec. 2000 Nov. 2001 Oct. 2001 Dec. 2000 Nov. 2001 Oct. 2001 Dec. 2000 Nov. 2001 Oct. 2001 Dec. 2000 TOTAL BUSINESS 0.0 -1.6 -3.5 -0.4 -1.2 -5.9 3.8 -4.2 -3.7 -4.4 -0.5 -6.0 MANUFACTURERS 0.6 -1.2 -7.9 -0.6 -1.3 -7.2 -0.2 -4.5 -8.6 -3.5 -1.3 -7.4 RETAILERS -0.3 -3.3 3.7 -0.1 -1.0 -4.9 14.2 -1.6 2.7 -7.7 0.8 -5.0 MERCHANT WHOLESALERS -0.4 0.0 -4.8 -0.6 -1.3 -5.3 -3.3 -6.8 -4.6 -1.2 -1.2 -5.3 (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 12 2001 1 -------------SALES------------- ----------INVENTORIES---------- PERCENT CHANGE IN INVENTORIES INVENTORIES/SALES RATIOS KIND OF BUSINESS Dec. 2001 Nov. 2001 Dec. 2000 Dec. 2001 Nov. 2001 Dec. 2000 Dec. 2001/ Nov. 2001/ Dec. 2001/ (p) (r) (s) (p) (r) (s) Nov. 2001 Oct. 2001 Dec. 2000 Dec. 2001 Nov. 2001 Dec. 2000 ADJUSTED 44,45 RETAIL TRADE, TOTAL 268,083 268,849 258,456 398,057 398,375 418,594 -0.1 -1.0 -4.9 1.48 1.48 1.62 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 192,110 192,006 189,990 281,160 281,593 286,352 -0.2 -0.7 -1.8 1.46 1.47 1.51 441 MOTOR VEHICLE AND PARTS DEALERS 75,973 76,843 68,466 116,897 116,782 132,242 0.1 -1.8 -11.6 1.54 1.52 1.93 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 15,791 15,549 14,418 24,177 23,747 24,428 1.8 0.7 -1.0 1.53 1.53 1.69 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 24,239 24,550 23,408 40,183 40,081 40,944 0.3 -1.1 -1.9 1.66 1.63 1.75 445 FOOD AND BEVERAGE STORES 40,911 40,683 39,586 34,366 34,379 33,396 0.0 0.1 2.9 0.84 0.85 0.84 448 CLOTHING AND ACCESSORY STORES 14,370 13,991 14,213 32,451 32,984 35,300 -1.6 -2.3 -8.1 2.26 2.36 2.48 452 GENERAL MERCHANDISE 35,624 35,259 34,094 65,721 66,544 65,996 -1.2 -0.5 -0.4 1.84 1.89 1.94 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 20,182 19,892 19,612 42,303 43,197 43,572 -2.1 -1.2 -2.9 2.10 2.17 2.22 NOT ADJUSTED 44,45 RETAIL TRADE, TOTAL 311,341 272,597 303,104 393,409 426,046 414,186 -7.7 0.8 -5.0 1.26 1.56 1.37 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 245,242 202,024 243,255 272,379 307,989 277,283 -11.6 0.3 -1.8 1.11 1.52 1.14 441 MOTOR VEHICLE AND PARTS DEALERS 66,099 70,573 59,849 121,030 118,057 136,903 2.5 1.9 -11.6 1.83 1.67 2.29 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 21,875 17,035 19,858 24,153 26,929 24,330 -10.3 4.0 -0.7 1.10 1.58 1.23 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 21,523 23,419 20,847 38,857 39,199 39,675 -0.9 -1.7 -2.1 1.81 1.67 1.90 445 FOOD AND BEVERAGE STORES 45,141 40,898 44,032 35,053 36,013 34,068 -2.7 1.7 2.9 0.78 0.88 0.77 448 CLOTHING AND ACCESSORY STORES 25,020 15,548 25,068 29,952 36,975 32,582 -19.0 -2.9 -8.1 1.20 2.38 1.30 452 GENERAL MERCHANDISE 57,283 41,041 55,505 60,838 78,563 61,162 -22.6 1.7 -0.5 1.06 1.91 1.10 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 34,705 23,905 34,026 38,919 51,620 40,173 -24.6 1.5 -3.1 1.12 2.16 1.18 (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 12 2001 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 135 -13,031 -29,663 0.0 -1.6 -3.5 MANUFACTURERS 1,796 324,866 -28,027 0.6 0.0 -7.9 RETAILERS -766 -9,079 9,627 -0.3 -3.3 3.7 MERCHANT WHOLESALERS -895 33 -11,263 -0.4 0.0 -4.8 INVENTORY TOTAL BUSINESS -4,603 -13,748 -71,528 -0.4 -1.2 -5.9 MANUFACTURERS -2,556 -5,976 -34,735 -0.6 -1.3 -7.2 RETAILERS -318 -4,074 -20,537 -0.1 -1.0 -4.9 MERCHANT WHOLESALERS -1,729 -3,698 -16,256 -0.6 -1.3 -5.3 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 12 2001 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 819,986 -2,450 -0.30 818,971 -1,655 -0.20 MANUFACTURERS 324,681 -2,582 -0.80 326,970 -2,104 -0.64 RETAILERS 272,652 -55 -0.02 268,433 416 0.15 MERCHANT WHOLESALERS 222,653 187 0.08 223,568 33 0.01 INVENTORY TOTAL BUSINESS 1,172,375 -751 -0.06 1,141,990 -2,312 -0.20 MANUFACTURERS 454,024 -666 -0.15 453,111 -1,746 -0.39 RETAILERS 426,162 -116 -0.03 398,477 -102 -0.03 MERCHANT WHOLESALERS 292,189 31 0.01 290,402 -464 -0.16 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