Table 1. ESTIMATED MONTHLY SALES AND INVENTORIES FOR MANUFACTURERS, RETAILERS, AND MERCHANT WHOLESALERS DATA MONTH 03 2009 -------------SALES------------- ----------INVENTORIES---------- INVENTORIES/SALES RATIOS Mar. 2009 Feb. 2009 Mar. 2008 Mar. 2009 Feb. 2009 Mar. 2008 Mar. 2009 Feb. 2009 Mar. 2008 (p) (r) (s) (p) (r) (s) ADJUSTED TOTAL BUSINESS 971,738 987,859 1,151,711 1,404,091 1,418,398 1,474,598 1.44 1.44 1.28 MANUFACTURERS 359,958 364,479 434,378 524,822 528,920 545,791 1.46 1.45 1.26 RETAILERS 300,837 304,889 337,621 467,566 470,939 502,206 1.55 1.54 1.49 MERCHANT WHOLESALERS 310,943 318,491 379,712 411,703 418,539 426,601 1.32 1.31 1.12 NOT ADJUSTED TOTAL BUSINESS 985,673 890,296 1,160,629 1,397,214 1,414,557 1,471,809 1.42 1.59 1.27 MANUFACTURERS 371,881 336,200 447,025 521,907 530,825 544,108 1.40 1.58 1.22 RETAILERS 295,440 269,015 335,581 465,002 463,111 501,109 1.57 1.72 1.49 MERCHANT WHOLESALERS 318,352 285,081 378,023 410,305 420,621 426,592 1.29 1.48 1.13 (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 2009 ADJUSTED NOT ADJUSTED --------------SALES--------------- -----------INVENTORIES------------ --------------SALES--------------- -----------INVENTORIES------------ Mar. 2009/ Feb. 2009/ Mar. 2009/ Mar. 2009/ Feb. 2009/ Mar. 2009/ Mar. 2009/ Feb. 2009/ Mar. 2009/ Mar. 2009/ Feb. 2009/ Mar. 2009/ Feb. 2009 Jan. 2009 Mar. 2008 Feb. 2009 Jan. 2009 Mar. 2008 Feb. 2009 Jan. 2009 Mar. 2008 Feb. 2009 Jan. 2009 Mar. 2008 TOTAL BUSINESS -1.6 0.0 -15.6 -1.0 -1.4 -4.8 10.7 -1.5 -15.1 -1.2 -1.0 -5.1 MANUFACTURERS -1.2 -0.5 -17.1 -0.8 -1.3 -3.8 10.6 1.1 -16.8 -1.7 -0.6 -4.1 RETAILERS -1.3 0.3 -10.9 -0.7 -1.2 -6.9 9.8 -3.0 -12.0 0.4 -0.7 -7.2 MERCHANT WHOLESALERS -2.4 0.2 -18.1 -1.6 -1.7 -3.5 11.7 -3.2 -15.8 -2.5 -1.8 -3.8 (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 2009 -------------SALES------------- ----------INVENTORIES---------- PERCENT CHANGE IN INVENTORIES INVENTORIES/SALES RATIOS KIND OF BUSINESS Mar. 2009 Feb. 2009 Mar. 2008 Mar. 2009 Feb. 2009 Mar. 2008 Mar. 2009/ Feb. 2009/ Mar. 2009/ (p) (r) (s) (p) (r) (s) Feb. 2009 Jan. 2009 Mar. 2008 Mar. 2009 Feb. 2009 Mar. 2008 ADJUSTED 44,45 RETAIL TRADE, TOTAL 300,837 304,889 337,621 467,566 470,939 502,206 -0.7 -1.2 -6.9 1.55 1.54 1.49 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 245,547 248,464 265,590 332,381 333,059 343,090 -0.2 -0.5 -3.1 1.35 1.34 1.29 441 MOTOR VEHICLE AND PARTS DEALERS 55,290 56,425 72,031 135,185 137,880 159,116 -2.0 -2.8 -15.0 2.45 2.44 2.21 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 16,444 17,353 18,575 29,746 29,890 32,553 -0.5 -1.5 -8.6 1.81 1.72 1.75 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 24,400 24,586 27,038 50,454 49,923 49,968 1.1 0.5 1.0 2.07 2.03 1.85 445 FOOD AND BEVERAGE STORES 48,780 48,702 48,454 38,083 37,978 36,634 0.3 0.0 4.0 0.78 0.78 0.76 448 CLOTHING AND ACCESSORY STORES 17,427 17,940 18,660 45,516 46,168 47,372 -1.4 -0.5 -3.9 2.61 2.57 2.54 452 GENERAL MERCHANDISE 49,857 50,122 49,442 72,782 72,237 75,477 0.8 -0.6 -3.6 1.46 1.44 1.53 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 15,939 16,020 16,921 33,260 33,197 36,553 0.2 0.2 -9.0 2.09 2.07 2.16 NOT ADJUSTED 44,45 RETAIL TRADE, TOTAL 295,440 269,015 335,581 465,002 463,111 501,109 0.4 -0.7 -7.2 1.57 1.72 1.49 44,45-441 TOTAL EXCL. MOTOR VEHICLE AND PARTS DEALERS 236,257 217,519 258,830 326,673 323,069 337,452 1.1 0.1 -3.2 1.38 1.49 1.30 441 MOTOR VEHICLE AND PARTS DEALERS 59,183 51,496 76,751 138,329 140,042 163,657 -1.2 -2.3 -15.5 2.34 2.72 2.13 442,443 FURNITURE,HOME FURN.,ELECTRONICS, APPL.STORES 15,505 15,700 17,541 28,378 28,186 31,153 0.7 -4.7 -8.9 1.83 1.80 1.78 444 BUILDING MATL. & GARDEN EQUIPMENT & SUPPLY STORES 23,456 18,457 25,492 52,523 50,322 52,067 4.4 3.8 0.9 2.24 2.73 2.04 445 FOOD AND BEVERAGE STORES 47,253 44,201 48,436 37,586 37,186 36,155 1.1 -1.9 4.0 0.80 0.84 0.75 448 CLOTHING AND ACCESSORY STORES 15,903 14,930 17,814 44,651 44,506 46,567 0.3 3.6 -4.1 2.81 2.98 2.61 452 GENERAL MERCHANDISE 46,742 43,640 47,978 70,245 68,150 72,927 3.1 -0.2 -3.7 1.50 1.56 1.52 4521 DEPARTMENT STORES (EXCL. LEASED DEPTS.) 14,306 13,127 15,904 31,830 30,906 35,054 3.0 0.9 -9.2 2.22 2.35 2.20 (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 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 -16,121 -159 -179973 -1.6 0.0 -15.6 MANUFACTURERS -4,521 364,479 -74,420 -1.2 0.0 -17.1 RETAILERS -4,052 968 -36,784 -1.3 0.3 -10.9 MERCHANT WHOLESALERS -7,548 760 -68,769 -2.4 0.2 -18.1 INVENTORY TOTAL BUSINESS -14,307 -19,865 -70,507 -1.0 -1.4 -4.8 MANUFACTURERS -4,098 -6,930 -20,969 -0.8 -1.3 -3.8 RETAILERS -3,373 -5,559 -34,640 -0.7 -1.2 -6.9 MERCHANT WHOLESALERS -6,836 -7,376 -14,898 -1.6 -1.7 -3.5 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 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 894,593 -4,297 -0.48 994,901 -7,042 -0.71 MANUFACTURERS 336,710 -510 -0.15 365,928 -1,449 -0.40 RETAILERS 273,006 -3,991 -1.46 309,246 -4,357 -1.41 MERCHANT WHOLESALERS 284,877 204 0.07 319,727 -1,236 -0.39 INVENTORY TOTAL BUSINESS 1,416,016 -1,459 -0.10 1,421,255 -2,857 -0.20 MANUFACTURERS 531,187 -362 -0.07 529,667 -747 -0.14 RETAILERS 464,357 -1,246 -0.27 472,251 -1,312 -0.28 MERCHANT WHOLESALERS 420,472 149 0.04 419,337 -798 -0.19 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