Table 1. ESTIMATED MONTHLY SALES AND INVENTORIES FOR MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 01 2009 -------------SALES------------- ----------INVENTORIES---------- INVENTORIES/SALES RATIOS Jan. 2009 Dec. 2008 Jan. 2008 Jan. 2009 Dec. 2008 Jan. 2008 Jan. 2009 Dec. 2008 Jan. 2008 (p) (r) (r) (p) (r) (r) ADJUSTED TOTAL BUSINESS 1,004,014 1,014,558 1,166,795 1,440,075 1,455,834 1,461,901 1.43 1.43 1.25 MANUFACTURERS 369,404 375,980 437,643 537,568 541,986 537,497 1.46 1.44 1.23 RETAILERS 308,461 302,852 343,739 478,280 486,517 504,564 1.55 1.61 1.47 MERCHANT WHOLESALERS 326,149 335,726 385,413 424,227 427,331 419,840 1.30 1.27 1.09 NOT ADJUSTED TOTAL BUSINESS 920,370 1,060,191 1,086,364 1,427,260 1,436,556 1,451,367 1.55 1.35 1.34 MANUFACTURERS 335,500 368,574 404,937 534,495 528,015 534,311 1.59 1.43 1.32 RETAILERS 281,464 354,475 312,020 467,613 480,352 494,118 1.66 1.36 1.58 MERCHANT WHOLESALERS 303,406 337,142 369,407 425,152 428,189 422,938 1.40 1.27 1.14 (p) preliminary. (r) revised. Table 2. PERCENT CHANGES FOR SALES AND INVENTORIES - MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 01 2009 ADJUSTED NOT ADJUSTED --------------SALES--------------- -----------INVENTORIES------------ --------------SALES--------------- -----------INVENTORIES------------ Jan. 2009/ Dec. 2008/ Jan. 2009/ Jan. 2009/ Dec. 2008/ Jan. 2009/ Jan. 2009/ Dec. 2008/ Jan. 2009/ Jan. 2009/ Dec. 2008/ Jan. 2009/ Dec. 2008 Nov. 2008 Jan. 2008 Dec. 2008 Nov. 2008 Jan. 2008 Dec. 2008 Nov. 2008 Jan. 2008 Dec. 2008 Nov. 2008 Jan. 2008 TOTAL BUSINESS -1.0 -3.4 -14.0 -1.1 -1.6 -1.5 -13.2 5.8 -15.3 -0.6 -5.0 -1.7 MANUFACTURERS -1.7 -3.3 -15.6 -0.8 -1.9 0.0 -9.0 -1.0 -17.1 1.2 -4.5 0.0 RETAILERS 1.9 -3.3 -10.3 -1.7 -1.5 -5.2 -20.6 15.7 -9.8 -2.7 -8.4 -5.4 MERCHANT WHOLESALERS -2.9 -3.7 -15.4 -0.7 -1.5 1.0 -10.0 4.2 -17.9 -0.7 -1.6 0.5 (p) preliminary. (r) revised. Table 3. ESTIMATED MONTHLY RETAIL SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS, BY KIND OF BUSINESS DATA MONTH 01 2009 -------------SALES------------- ----------INVENTORIES---------- PERCENT CHANGE IN INVENTORIES INVENTORIES/SALES RATIOS KIND OF BUSINESS Jan. 2009 Dec. 2008 Jan. 2008 Jan. 2009 Dec. 2008 Jan. 2008 Jan. 2009/ Dec. 2008/ Jan. 2009/ (p) (r) (r) (p) (r) (r) Dec. 2008 Nov. 2008 Jan. 2008 Jan. 2009 Dec. 2008 Jan. 2008 ADJUSTED 44,45 RETAIL TRADE, TOTAL 308,461 302,852 343,739 478,280 486,517 504,564 -1.7 -1.5 -5.2 1.55 1.61 1.47 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 249,142 245,309 268,363 336,534 338,216 345,830 -0.5 -1.2 -2.7 1.35 1.38 1.29 441 MOTOR VEHICLE AND PARTS DEALERS 59,319 57,543 75,376 141,746 148,301 158,734 -4.4 -2.1 -10.7 2.39 2.58 2.11 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 17,502 16,916 19,079 30,940 31,223 33,101 -0.9 -1.3 -6.5 1.77 1.85 1.73 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 24,810 25,142 27,480 49,807 50,053 50,146 -0.5 -1.9 -0.7 2.01 1.99 1.82 445 FOOD AND BEVERAGE STORES 49,213 48,273 48,210 38,341 37,889 36,652 1.2 -0.6 4.6 0.78 0.78 0.76 448 CLOTHING AND ACCESSORY STORES 17,739 16,909 18,981 45,743 45,982 47,237 -0.5 -0.9 -3.2 2.58 2.72 2.49 452 GENERAL MERCHANDISE 49,686 49,162 49,071 73,259 74,126 76,951 -1.2 -1.3 -4.8 1.47 1.51 1.57 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 15,973 16,131 17,134 33,142 33,776 37,068 -1.9 -2.0 -10.6 2.07 2.09 2.16 NOT ADJUSTED 44,45 RETAIL TRADE, TOTAL 281,464 354,475 312,020 467,613 480,352 494,118 -2.7 -8.4 -5.4 1.66 1.36 1.58 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 228,973 299,991 245,180 324,401 329,403 333,424 -1.5 -11.3 -2.7 1.42 1.10 1.36 441 MOTOR VEHICLE AND PARTS DEALERS 52,491 54,484 66,840 143,212 150,949 160,694 -5.1 -1.4 -10.9 2.73 2.77 2.40 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 16,324 23,689 17,690 30,228 31,004 32,340 -2.5 -13.4 -6.5 1.85 1.31 1.83 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 19,029 22,253 21,906 48,612 47,951 48,993 1.4 -3.2 -0.8 2.55 2.15 2.24 445 FOOD AND BEVERAGE STORES 48,718 52,476 46,981 38,309 38,714 36,624 -1.0 -3.9 4.6 0.79 0.74 0.78 448 CLOTHING AND ACCESSORY STORES 13,875 27,390 14,459 42,312 42,901 43,647 -1.4 -16.3 -3.1 3.05 1.57 3.02 452 GENERAL MERCHANDISE 43,384 69,657 42,052 68,501 70,296 72,091 -2.6 -20.3 -5.0 1.58 1.01 1.71 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 12,701 27,505 13,412 30,590 31,479 34,362 -2.8 -24.8 -11.0 2.41 1.14 2.56 (p) preliminary. (r) revised. Table 4. ADJUSTED MTIS DOLLAR AND PERCENT CHANGES DATA MONTH 01 2009 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 -10,544 -36,071 -162781 -1.0 -3.4 -14.0 MANUFACTURERS -6,576 375,980 -68,239 -1.7 0.0 -15.6 RETAILERS 5,609 -10,300 -35,278 1.9 -3.3 -10.3 MERCHANT WHOLESALERS -9,577 -12,823 -59,264 -2.9 -3.7 -15.4 INVENTORY TOTAL BUSINESS -15,759 -23,918 -21,826 -1.1 -1.6 -1.5 MANUFACTURERS -4,418 -10,267 71 -0.8 -1.9 0.0 RETAILERS -8,237 -7,268 -26,284 -1.7 -1.5 -5.2 MERCHANT WHOLESALERS -3,104 -6,383 4,387 -0.7 -1.5 1.0 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 01 2009 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 1,061,959 -1,768 -0.17 1,016,643 -2,085 -0.21 MANUFACTURERS 370,041 -1,467 -0.40 377,642 -1,662 -0.44 RETAILERS 354,751 -276 -0.08 302,935 -83 -0.03 MERCHANT WHOLESALERS 337,167 -25 -0.01 336,066 -340 -0.10 INVENTORY TOTAL BUSINESS 1,438,418 -1,862 -0.13 1,460,523 -4,689 -0.32 MANUFACTURERS 529,521 -1,506 -0.28 544,301 -2,315 -0.43 RETAILERS 480,642 -290 -0.06 488,726 -2,209 -0.45 MERCHANT WHOLESALERS 428,255 -66 -0.02 427,496 -165 -0.04 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