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1277. Retail Trade--Estimated Purchases, Estimated Gross Margin, and Gross Margin as a Percent of Sales, by Kind of Business

[1,259 represents $1,259,000,000,000. As of Dec. 31. Includes warehouses.Adjusted for seasonal variations. Sales data also adjusted for holidayand trading-day differences.Sales and inventories for leased departments and concessions aretabulated in the kind-of-business category of the leased departmentor concession.Based on Current Business Survey, see Appendix III and summary below]

 
1987 Purchases Purchases Gross margin Gross margin Gross margin Gross margin
SIC (bil. dol.) (bil. dol.) (bil. dol) (bil. dol) as percent of sales as percent of sales
Kind of Business code 1
1990 1991 1992 1993 1994 1995 1996 1997 1998 1990 1991 1992 1993 1994 1995 1996 1997 1998 1990 1991 1992 1993 1994 1995 1996 1997 1998
 
      Total (X) 1,259 1,259 1,331 1,425 1,546 1,617 1,717 1,789 1,878 589 600 629 674 727 758 795 831 882 31.9 32.3 32.2 32.4 32.3 32.1 31.8 31.8 32.1
       Excluding automotive group (X) 942 955 996 1,046 1,111 1,154 1,216 1,264 1,319 519 534 554 588 626 650 684 720 768 35.6 36.0 35.8 36.2 36.3 36.2 36.1 36.4 37.0
 
    Durable goods stores 2 (X) 492 476 519 583 664 707 762 796 853 177 172 188 210 240 252 263 272 291 26.5 26.5 26.8 26.9 27.1 26.6 25.8 25.6 25.0
Building materials group stores 52 65 63 70 77 87 92 98 104 114 30 28 32 35 40 40 43 45 51 31.2 30.9 31.3 31.5 31.9 30.9 30.8 30.6 31.3
Automotive dealers 55 exc. 554 317 304 335 379 435 463 501 525 559 70 66 76 86 101 108 111 111 114 18.0 17.8 18.6 18.7 19.2 19.2 18.2 17.5 17.0
 
Furniture group stores 57 57 57 61 67 76 83 88 90 96 35 35 37 41 46 46 47 50 55 38.1 38.4 37.9 38.4 38.3 36.0 35.2 35.7 36.6
 
    Nondurable goods stores 2 (X) 767 784 812 842 882 909 955 993 1,025 412 428 441 463 486 506 533 558 591 35.0 35.5 35.3 35.6 35.7 35.9 35.9 36.1 36.7
General merchandise stores 53 149 159 174 186 202 212 222 233 248 66 71 75 81 83 88 91 96 102 30.6 31.3 30.6 30.7 29.4 29.6 29.2 29.2 29.3
  Department stores 531 111 117 126 135 149 158 167 177 187 55 59 63 68 71 76 79 84 90 33.2 34.0 33.6 34.0 32.6 32.8 32.4 32.4 32.3
Food stores 54 277 279 281 285 294 297 305 311 318 93 96 96 98 101 107 110 113 118 25.3 25.5 25.5 25.6 25.7 26.5 26.5 26.6 27.2
Apparel and accessory stores 56 55 54 62 63 65 65 67 70 73 41 44 45 44 46 45 48 51 55 43.2 44.7 42.7 41.2 42.0 40.7 41.7 42.3 43.4



1 Based on 1987 Standard Industrial Classification code;see text, Section 13, Labor Force.
2 Includes kinds of business not shown separately.

Source: U.S. Census Bureau,Current Business Reports, Annual Benchmark Report for Retail Trade,January 1988 Through December 1999, (BR/99-RV) and prior issues.

http://www.census.gov/econ/www/retmenu.html***************************************************************************************ANNUAL RETAIL TRADE SURVEY

PURPOSE

To provide detailed industry measures of retail company activities. TheUnited States Code, Title 13, authorizes this survey and provides formandatory responses.

COVERAGE

Retail companies with one or more establishments that sell merchandise andassociated services to final consumers (SIC Division G). In 1995, consumersspent more than an estimated $2.3 trillion at retail establishments.

CONTENT

Companies provide data on dollar value of retail sales, sales taxescollected, inventories, method-of-inventory valuation, cost of purchases,and account receivables balances.

FREQUENCY

Annually since 1951 (except 1954); reported data are for activity takingplace over the prior calendar year. Data collection begins the first weekafter the close of the year. Samples are re-selected every 5 years andupdated annually, most recently for the 1996 reference year.

METHODS

A mail-out/mail-back survey of a sub-sample of about 22,000 firms selectedfrom the monthly retail trade survey panels. The annual survey consists ofall monthly survey panel firms that had payrolls during the reference year,plus administrative data or imputed values to account for nonemployerretail businesses.

There are currently about 31,000 companies in the monthly sample. Themonthly sample consists of 3 rotating panels of about 6,100 single-unitfirms and 2,200 small multi-unit firms; and a special panel of largemulti-unit firms and other firms with large sales.

The annual survey uses 2 of the 3 rotating monthly panels, and the specialmonthly panel. Since 1977, the monthly retail trade survey has beenbenchmarked to the annual retail trade report. Inventories have beensimilarly benchmarked since 1951. Annual estimates are benchmarked to themost recent census of retail trade. In addition, benchmarking the annualsurvey to the monthly surveys greatly improved the quality of the monthlyestimates and allowed the sample to be reduced.

*DEFINITION OF TERMS

Sales. Sales include the following: merchandise sold for cash or credit atretail and wholesale by establishments primarily engaged in retail trade;amounts received from customers for layaway purchases; receipts from rentalor leasing of vehicles, equipment, instruments, tools, etc; receipts fordelivery, installation, maintenance, repair, alteration, storage, and otherservices; and receipts from gasoline, liquor, tobacco, and other excisetaxes which are paid by the manufacturer or wholesaler and passed along tothe retailer. Sales are net after deduction for refunds and allowances formerchandise returned by customers. Trade-in allowances and manufacturers'rebates are not deducted from total sales, however, rebates offered by theretailer are deducted. Total sales do not include commissions from vendingmachine operators or nonoperating income from such sources as investmentsand rental or sales or real estate.

Sales exclude sales and excise taxes collected directly from customers andpaid directly to a local, State, or Federal tax agency. Also excluded arereceipts from customers for carrying or other credit charges.

The sales data represent total sales and receipts of all establishmentsprimarily engaged in retail trade. They do not include sales at retail byman