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