Table 1. ESTIMATED MONTHLY SALES AND INVENTORIES FOR MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 07 2014 1 -------------SALES------------- ----------INVENTORIES---------- INVENTORIES/SALES RATIOS Jul. 2014 Jun. 2014 Jul. 2013 Jul. 2014 Jun. 2014 Jul. 2013 Jul. 2014 Jun. 2014 Jul. 2013 (p) (r) (r) (p) (r) (r) (p) (r) (r) ADJUSTED TOTAL BUSINESS 1,360,306 1,349,568 1,292,409 1,750,069 1,742,777 1,652,144 1.29 1.29 1.28 MANUFACTURERS 507,362 501,319 486,471 653,831 652,952 629,486 1.29 1.30 1.29 RETAILERS 394,381 393,076 379,482 562,475 556,804 527,769 1.43 1.42 1.39 MERCHANT WHOLESALERS 458,563 455,173 426,456 533,763 533,021 494,889 1.16 1.17 1.16 NOT ADJUSTED TOTAL BUSINESS 1,361,643 1,375,212 1,289,789 1,732,704 1,720,907 1,636,288 1.27 1.25 1.27 MANUFACTURERS 496,460 522,242 475,206 656,465 648,157 632,257 1.32 1.24 1.33 RETAILERS 400,395 391,309 382,904 546,871 546,769 513,368 1.37 1.40 1.34 MERCHANT WHOLESALERS 464,788 461,661 431,679 529,368 525,981 490,663 1.14 1.14 1.14 (p) preliminary. (r) revised. Table 2. PERCENT CHANGES FOR SALES AND INVENTORIES - MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 07 2014 1 ADJUSTED NOT ADJUSTED --------------SALES--------------- -----------INVENTORIES------------ --------------SALES--------------- -----------INVENTORIES------------ Jul. 2014/ Jun. 2014/ Jul. 2014/ Jul. 2014/ Jun. 2014/ Jul. 2014/ Jul. 2014/ Jun. 2014/ Jul. 2014/ Jul. 2014/ Jun. 2014/ Jul. 2014/ Jun. 2014 May 2014 Jul. 2013 Jun. 2014 May 2014 Jul. 2013 Jun. 2014 May 2014 Jul. 2013 Jun. 2014 May 2014 Jul. 2013 TOTAL BUSINESS 0.8 0.6 5.3 0.4 0.4 5.9 -1.0 -1.1 5.6 0.7 -0.7 5.9 MANUFACTURERS 1.2 0.8 4.3 0.1 0.2 3.9 -4.9 2.2 4.5 1.3 -1.3 3.8 RETAILERS 0.3 0.4 3.9 1.0 0.7 6.6 2.3 -5.4 4.6 0.0 -0.2 6.5 MERCHANT WHOLESALERS 0.7 0.4 7.5 0.1 0.2 7.9 0.7 -0.9 7.7 0.6 -0.3 7.9 (p) preliminary. (r) revised. Table 3. ESTIMATED MONTHLY RETAIL SALES, INVENTORIES, AND INVENTORIES/SALES RATIOS, BY KIND OF BUSINESS DATA MONTH 07 2014 1 -------------SALES------------- ----------INVENTORIES---------- PERCENT CHANGE IN INVENTORIES INVENTORIES/SALES RATIOS KIND OF BUSINESS Jul. 2014 Jun. 2014 Jul. 2013 Jul. 2014 Jun. 2014 Jul. 2013 Jul. 2014/ Jun. 2014/ Jul. 2014/ (p) (r) (r) (p) (r) (r) Jun. 2014 May 2014 Jul. 2013 Jul. 2014 Jun. 2014 Jul. 2013 ADJUSTED 44,45 RETAIL TRADE, TOTAL 394,381 393,076 379,482 562,475 556,804 527,769 1.0 0.7 6.6 1.43 1.42 1.39 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 305,750 304,971 296,916 373,706 372,311 361,111 0.4 0.3 3.5 1.22 1.22 1.22 441 MOTOR VEHICLE AND PARTS DEALERS 88,631 88,105 82,566 188,769 184,493 166,658 2.3 1.5 13.3 2.13 2.09 2.02 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 17,175 17,177 16,877 29,031 28,983 27,343 0.2 0.5 6.2 1.69 1.69 1.62 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 27,598 27,723 26,596 49,965 49,627 48,567 0.7 0.5 2.9 1.81 1.79 1.83 445 FOOD AND BEVERAGE STORES 55,919 55,834 54,209 43,570 43,453 42,410 0.3 0.2 2.7 0.78 0.78 0.78 448 CLOTHING AND ACCESSORY STORES 21,306 21,125 20,888 48,043 47,985 46,923 0.1 0.1 2.4 2.25 2.27 2.25 452 GENERAL MERCHANDISE 55,568 55,371 54,404 82,688 82,410 80,557 0.3 0.0 2.6 1.49 1.49 1.48 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 14,070 13,998 14,183 29,483 29,645 30,269 -0.5 -0.4 -2.6 2.10 2.12 2.13 NOT ADJUSTED 44,45 RETAIL TRADE, TOTAL 400,395 391,309 382,904 546,871 546,769 513,368 0.0 -0.2 6.5 1.37 1.40 1.34 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 305,900 301,293 295,328 365,912 363,430 353,510 0.7 -0.5 3.5 1.20 1.21 1.20 441 MOTOR VEHICLE AND PARTS DEALERS 94,495 90,016 87,576 180,959 183,339 159,858 -1.3 0.2 13.2 1.92 2.04 1.83 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 16,748 15,957 16,424 28,392 28,490 26,769 -0.3 1.2 6.1 1.70 1.79 1.63 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 29,819 31,603 28,512 48,866 49,875 47,499 -2.0 -3.3 2.9 1.64 1.58 1.67 445 FOOD AND BEVERAGE STORES 57,466 55,176 55,254 42,959 43,208 41,762 -0.6 0.3 2.9 0.75 0.78 0.76 448 CLOTHING AND ACCESSORY STORES 20,090 19,198 19,417 47,515 46,785 46,454 1.6 1.2 2.3 2.37 2.44 2.39 452 GENERAL MERCHANDISE 53,472 53,685 51,958 78,797 78,208 76,720 0.8 -2.0 2.7 1.47 1.46 1.48 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 12,670 12,943 12,692 27,773 27,659 28,544 0.4 -2.8 -2.7 2.19 2.14 2.25 (p) preliminary. (r) revised. Table 4. ADJUSTED MTIS DOLLAR AND PERCENT CHANGES DATA MONTH 07 2014 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 10,738 7,411 67,897 0.8 0.6 5.3 MANUFACTURERS 6,043 501,319 20,891 1.2 0.0 4.3 RETAILERS 1,305 1,557 14,899 0.3 0.4 3.9 MERCHANT WHOLESALERS 3,390 1,844 32,107 0.7 0.4 7.5 INVENTORY TOTAL BUSINESS 7,292 6,119 97,925 0.4 0.4 5.9 MANUFACTURERS 879 1,013 24,345 0.1 0.2 3.9 RETAILERS 5,671 3,853 34,706 1.0 0.7 6.6 MERCHANT WHOLESALERS 742 1,253 38,874 0.1 0.2 7.9 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 07 2014 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 1,374,463 749 0.05 1,347,661 1,907 0.14 MANUFACTURERS 521,045 1,197 0.23 499,828 1,491 0.30 RETAILERS 391,314 -5 -0.00 392,456 620 0.16 MERCHANT WHOLESALERS 460,869 792 0.17 454,447 726 0.16 INVENTORY TOTAL BUSINESS 1,721,372 -465 -0.03 1,743,594 -817 -0.05 MANUFACTURERS 648,593 -436 -0.07 653,775 -823 -0.13 RETAILERS 546,954 -185 -0.03 555,825 979 0.18 MERCHANT WHOLESALERS 526,074 -93 -0.02 533,486 -465 -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 Last Revised: September 12, 2014