Table 1. ESTIMATED MONTHLY SALES AND INVENTORIES FOR MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 03 2006 -------------SALES------------- ----------INVENTORIES---------- INVENTORIES/SALES RATIOS Mar. 2006 Feb. 2006 Mar. 2005 Mar. 2006 Feb. 2006 Mar. 2005 Mar. 2006 Feb. 2006 Mar. 2005 (p) (r) (s) (p) (r) (s) ADJUSTED TOTAL BUSINESS 1,048,891 1,041,326 973,482 1,324,104 1,314,806 1,270,806 1.26 1.26 1.31 MANUFACTURERS 408,026 404,642 384,622 477,131 473,664 461,291 1.17 1.17 1.20 RETAILERS 325,869 323,838 302,294 480,251 475,304 464,569 1.47 1.47 1.54 MERCHANT WHOLESALERS 314,996 312,846 286,566 366,722 365,838 344,946 1.16 1.17 1.20 NOT ADJUSTED TOTAL BUSINESS 1,108,957 955,675 1,023,855 1,332,444 1,316,957 1,278,026 1.20 1.38 1.25 MANUFACTURERS 439,387 383,207 407,011 477,097 477,342 460,777 1.09 1.25 1.13 RETAILERS 330,589 286,273 307,927 485,818 470,326 469,839 1.47 1.64 1.53 MERCHANT WHOLESALERS 338,981 286,195 308,917 369,529 369,289 347,410 1.09 1.29 1.12 (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 2006 1 ADJUSTED NOT ADJUSTED --------------SALES--------------- -----------INVENTORIES------------ --------------SALES--------------- -----------INVENTORIES------------ Mar. 2006/ Feb. 2006/ Mar. 2006/ Mar. 2006/ Feb. 2006/ Mar. 2006/ Mar. 2006/ Feb. 2006/ Mar. 2006/ Mar. 2006/ Feb. 2006/ Mar. 2006/ Feb. 2006 Jan. 2006 Mar. 2005 Feb. 2006 Jan. 2006 Mar. 2005 Feb. 2006 Jan. 2006 Mar. 2005 Feb. 2006 Jan. 2006 Mar. 2005 TOTAL BUSINESS 0.7 -0.6 7.7 0.7 0.1 4.2 16.0 -0.1 8.3 1.2 0.7 4.3 MANUFACTURERS 0.8 -1.2 6.1 0.7 -0.4 3.4 14.7 2.7 8.0 -0.1 0.9 3.5 RETAILERS 0.6 -0.8 7.8 1.0 0.0 3.4 15.5 -1.1 7.4 3.3 0.5 3.4 MERCHANT WHOLESALERS 0.7 0.3 9.9 0.2 0.9 6.3 18.4 -2.6 9.7 0.1 0.8 6.4 (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 2006 1 -------------SALES------------- ----------INVENTORIES---------- PERCENT CHANGE IN INVENTORIES INVENTORIES/SALES RATIOS KIND OF BUSINESS Mar. 2006 Feb. 2006 Mar. 2005 Mar. 2006 Feb. 2006 Mar. 2005 Mar. 2006/ Feb. 2006/ Mar. 2006/ (p) (r) (s) (p) (r) (s) Feb. 2006 Jan. 2006 Mar. 2005 Mar. 2006 Feb. 2006 Mar. 2005 ADJUSTED 44,45 RETAIL TRADE, TOTAL 325,869 323,838 302,294 480,251 475,304 464,569 1.0 0.0 3.4 1.47 1.47 1.54 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 249,974 248,730 228,224 323,688 321,389 310,711 0.7 0.1 4.2 1.29 1.29 1.36 441 MOTOR VEHICLE AND PARTS DEALERS 75,895 75,108 74,070 156,563 153,915 153,858 1.7 -0.3 1.8 2.06 2.05 2.08 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 18,579 18,534 17,262 31,151 30,974 29,057 0.6 0.9 7.2 1.68 1.67 1.68 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 30,998 30,510 26,294 47,203 46,327 43,733 1.9 -0.5 7.9 1.52 1.52 1.66 445 FOOD AND BEVERAGE STORES 44,610 44,686 42,501 33,865 33,825 33,186 0.1 0.2 2.0 0.76 0.76 0.78 448 CLOTHING AND ACCESSORY STORES 17,448 17,384 16,255 43,343 42,782 41,619 1.3 1.2 4.1 2.48 2.46 2.56 452 GENERAL MERCHANDISE 45,579 45,576 42,903 73,287 73,301 72,822 0.0 -0.8 0.6 1.61 1.61 1.70 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 17,813 17,887 17,861 36,344 36,666 38,563 -0.9 -1.7 -5.8 2.04 2.05 2.16 NOT ADJUSTED 44,45 RETAIL TRADE, TOTAL 330,589 286,273 307,927 485,818 470,326 469,839 3.3 0.5 3.4 1.47 1.64 1.53 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 247,124 218,288 226,772 320,652 311,621 307,635 2.9 0.5 4.2 1.30 1.43 1.36 441 MOTOR VEHICLE AND PARTS DEALERS 83,465 67,985 81,155 165,166 158,705 162,204 4.1 0.7 1.8 1.98 2.33 2.00 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 18,150 16,720 16,737 30,185 29,301 28,156 3.0 -1.9 7.2 1.66 1.75 1.68 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 31,017 23,948 26,326 49,516 47,068 45,832 5.2 1.9 8.0 1.60 1.97 1.74 445 FOOD AND BEVERAGE STORES 44,321 40,502 42,860 33,631 33,339 32,966 0.9 -1.4 2.0 0.76 0.82 0.77 448 CLOTHING AND ACCESSORY STORES 16,471 14,544 15,763 42,866 40,771 41,078 5.1 4.9 4.4 2.60 2.80 2.61 452 GENERAL MERCHANDISE 43,163 39,424 41,027 71,272 68,866 70,860 3.5 0.1 0.6 1.65 1.75 1.73 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 16,455 14,771 16,561 35,363 34,173 37,560 3.5 -0.2 -5.8 2.15 2.31 2.27 (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 2006 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 7,565 -6,484 75,409 0.7 -0.6 7.7 MANUFACTURERS 3,384 404,642 23,404 0.8 0.0 6.1 RETAILERS 2,031 -2,565 23,575 0.6 -0.8 7.8 MERCHANT WHOLESALERS 2,150 856 28,430 0.7 0.3 9.9 INVENTORY TOTAL BUSINESS 9,298 1,129 53,298 0.7 0.1 4.2 MANUFACTURERS 3,467 -1,786 15,840 0.7 -0.4 3.4 RETAILERS 4,947 -194 15,682 1.0 0.0 3.4 MERCHANT WHOLESALERS 884 3,109 21,776 0.2 0.9 6.3 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 03 2006 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 955,340 335 0.04 1,040,594 732 0.07 MANUFACTURERS 383,455 -248 -0.06 405,046 -404 -0.10 RETAILERS 286,362 -89 -0.03 324,001 -163 -0.05 MERCHANT WHOLESALERS 285,860 335 0.12 312,114 732 0.23 INVENTORY TOTAL BUSINESS 1,316,199 758 0.06 1,314,460 346 0.03 MANUFACTURERS 477,422 -80 -0.02 473,769 -105 -0.02 RETAILERS 470,219 107 0.02 474,303 1,001 0.21 MERCHANT WHOLESALERS 368,531 758 0.21 365,492 346 0.09 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