The Census Bureau of the Department of Commerce announced today that the combined value of distributive trade sales and manufacturers' shipments for October adjusted for seasonal and trading-day differences, but not for price changes, were estimated at $762.1 billion, down 0.1 percent (+/—0.2%) from September but were 4.6 percent (+/—0.4%) above October 1996. Total durable goods decreased 0.5 percent (+/—0.3%) from September but were 6.5 percent (+/—0.8%) above October 1996. Total nondurable goods increased 0.4 percent (+/—0.2%) from September and were up 2.8 percent (+/—0.7%) from October 1996.

Manufacturers' and trade inventories, adjusted for seasonal variations, but not for price changes, were estimated at an end-of-month level of $1,040.8 billion, up 0.4 percent (+/—0.1%) from September and 3.7 percent (+/—0.7%) above October 1996. Total durable goods increased 0.2 percent (+/—0.1%) from September and were up 3.9 percent (+/—1.2%) from October 1996. Total nondurable goods increased 0.5 percent (+/—0.2%) from September and were up 3.3 percent (+/—0.7%) from October 1996.

The total business inventories/sales ratio based on seasonally adjusted data at the end of October was 1.37. The October 1996 ratio was 1.38.

December 12, 1997U.S. Department of Commerce

Statistics

CHICAGO BOT DELIVERABLE GRAIN STOCKS

EXPORT SALES REPORT

REDBOOK RETAIL AVERAGES Retail Sales Index

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

U.S. EXPORT INSPECTIONS

NAPM REPORT ON BUSINESS

COTTON GINNINGS

CROP PRODUCTION HIGHLIGHTS & SUMMARY

USDA U.S. SUPPLY/DEMAND PROJECTIONS

ADVANCE MONTHLY RETAIL SALES SUMMARY–NOVEMBER 1997

MANUFACTURING AND TRADE INVENTORIES AND SALES SUMMARY OCTOBER 1997

MONTHLY WHOLESALE TRADE SALES AND INVENTORIES OCTOBER 1997

U.S. IMPORT AND EXPORT PRICE INDEXES–NOVEMBER 1997

PRODUCER PRICE INDEXES NOVEMBER 1997

Consensus National Futures and Financial On Line Index

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