Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)
Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
July June May} June-}  May-| Apr July June May July} July
2000° 200° 2000} July] June} = May} 2000" 2000" 2000 1999] 00/99
All manufacturing industries 485,241 | 482,041} 479,362} 40.7] 40.6] 0.3] 487,283] 479,830] 483,500] 46618] 44.5
Manufacturing industries
with unfilled orders 319,297] 317,278] 315,949 +0.6 +04 +03} 322,500] 317,115] 320,001] 311,804 43.4
without defense capital goods 466,625 | 462,733] 460,500} +08] +05] +03] 468,356] 460.414] 404,591] 447.496| 44.7
Durable goods industries 303,308] 301,119] 299,916] 40.7] +04] 40.2] 305.334] 299,648] 303,296] 294.903]  +3.5
With unfilled orders 277,157 | 275,276} 274,223} +0.7] 40.4} = 40.2} 279,601] 2741673] 277-719] 270,504] 433
Stone, clay, and glass products 10,131} 10,079} tora] 40.5] +06 0.7] 10,164} 10,152] 10,252 9514] +68
Primary metals -. . 25,264] 25,029] 24,948] 40.9) 40.3] 40.1] 25,355] 24.828] 24.913] 23.797| 46.5
Blast furnaces, steel mills 12,340] 12,288] 12,162] +04] +10] 409] 12,416] 12,106} 12,030} thas} +84
{ron and steel foundries 1,599 1,592 1,595 +04 0.2 40.6 1,584 1,617 1,645 1,591 0.4
Nonferrous and other primary
metals . . 11325] 1149] tg} +16 -04 O07] 11355} 110s] 14,238] 10,755} 45.6
Fabricated metal products 32,628} 32,247] 32,040] +12) +06] +08] 32,846] 32,559] 32.420] 31198] 453
Industrial machinery and equipment 61,445 61,141 60,806 40.5 +06 +0.6 61,484 60,446 61,807 42.9
Engines and turbines 4.815 4699] 4620} +25] 417] +14 4,909] 4,543 4.728 479
Farm and garden machinery 3,803 3,764 3,744] +10] +05] 40.8 3,468 3,507 3,566 +63
Construction, mining and
material handling equipment 8,807 8,759] 8,782] +05 03 0.2 8,693 8,760 8,906 -10
Metalworking machinery 8,188 8,289 8,128 12 +2.0 +11 8.417 8,320 8.261 424
Computer and office equipment 8,596 8,487 8,487 13 0.0 +16 8,837 8,320 8,949 09
Electronic and other
electrical equipment : 45,838] 45,202] 44.845] +14] +08] +11] 46,449] 45.217] 45,950 +110
Electrical transmission and
distribution equipment and
industrial apparatus : 5,545 5,490 3438] +10} +10] +09 $525 5,384 5,449 5.226] +5.7
Household appliances 2,677 2,634 2,586 +16 +19 +0.7 2,694 2,678 2.817 2399] +123
Electric lighting and
wiring equipment 4,084 4,099 4,085 04] 403] +19] 47a 4,163 4,182 3,664] +13.9
Household audio and
video equipment : 1,134 1172 1,139 32) +29) 423 1,239 1211 1,094 1,268 -0.7
Communications equipment 11860) 11,821) 11,672} +03) +13} 418] 11,976] 11659] 121002] 10.929] +96
Electronic components 16,374] 15,993} 15,852] +24] 40.9] +05] 16,495} 16,042] 16.259} 14.552] +13.4
Transportation equipment . 69,296} 69,166] 69,204] 40.2 -0.1 -1.2] 69,886] 68.280] 69,362] 72,712 “3.9
Motor rehicles and parts 18,745 18,510 18,458 +13 40.3 +0.9 19,085 18,064 18,434 17,942 +64
Aircraft, mis
space vehicles ‘and parts. 44,441 44,670] 44,443 0.5 +0.5 22] 44,631 44,501 48.611 8.2
Shipbuilding and tanks . 2,435 2,486 2,482 2.1 +0.2 +04 2418 2,487 2,220 +8.9
Instruments and related products 27,856 | 27,662] 27,729 +0.7 “0.2 40.8] 28,264 28,103 27,276 43.6
Search and navigation equipment 6,720 6,744 6,793 -04 07 “0.1 6,915 6,893 7.015 “14
Measuring and controlling devices 8,960 8,806 8,798 +17 40.1 +2.6 9,084 8,878 8,191 +109
Medical instruments and supplies 9,043 9,014 9,056] +03 0.5 0.2 9,122 9,174 8899] 42.5
Photographic goods : 2,400] 2378 2365} +09 +05] +06 2,408 2,435 2,423 -0.6
All other durable goods 30,850] 30,593] 30,330) +08] = +0.9] = +0.1 | 30,886 30,480] 28911] +68
Nondurable goods industries 181,933 | 180,922] 179,446] +06] +08] +05] 181,949] 180,182] 180.204] 171,525] 46.1
With unfilled orders 42,140 42,002 41,726 +03 40.7 +0.7 42,899 42,442 42,282 41,210 +41
Food and kindred products 38,985} 39.057] 39,136 -0.2 02] 40.1] 37,759) 37,504] 37,986] 36.946] 42.2
Meat products ...... 4,596{ 4,611 4,589 03] +05] +07 4,603 4,692 4.704 4304] +69
Dairy products . 3,902 3,900 3,886{ +0.1] +04] +01 4,023 3.966 3,983 3,998] +06
Beverages . . 8811 8,800 8751] +01] +06 0.0 8,575 8,700 8,755 8459) +14
All other foods, except fats and oils 20,149 20,192 20,328 0.2 0.7 +03 19,106 18,646 18,987 18,630 42.6
Tobacco products 5341 5,381 5,293 07) +17 -03 4.827 4,936 5,039] 4.645} 43.9
Textile mill products 10414) 10,391) 10,311) 40.2] 0.8] = 40.5] 10,575] 10,507] 10,634] 10.163] +4.
Broadwoven fabrics and
other textiles. . 6,048 6,072 6,080 -0.4 OL] +01 6,096 6,084 6.231 6,167 “12
Paper and allied products. 17,232] 16,999} 16,884, +14] 40.7) 40.7] 17,235] 17.010] It] is97tf +79
Pulp, paper, and
paperboard mill products... . . 6,815 6,688 6,585 19} +16] +06 6,785 6,669 6,656 6,350] +69
Paperboard containers and boxes 4,369 501 4,507 15 Ol] 429) 4584 4,484 4,529 3.981} +15.1
Miscellaneous converted
paper products 5,848 5,810 5,792} 40.7] +03 -0.9 5,866 5,857 5.926 5640] +4.0
Chemicals and allied products 50,117} 49,230] 48,471 +18 +1.6 +0.6| 50,453] 49,252] 49.086] 47.019 +73
Industrial chemicals. 20,793 20,506 20,074 HA 42.2 +0.6 20,887 20,381 20,096 19,444 +74
Drugs, soaps, and toiletries 23.421 22,772] 22,463 +28 +14 +04) 23,898] 23.114] 23,098] 21,929 +9.0
Petroleum and coal products 13,850] 14,104] 13,831 18} 420) +12] 13.981} 14338} 14.230f 11.275] 424.0
Rubber and plastics products 18,559] 18,376] 18,282] 1.0] +05] +08] 18,555} 18358] 18449] 17,061] 48.8
All other nondurable goods 27,435] 27,384) 27,238) 40.2} = +0.5] 40.6} += 28,564] 28.277] 27,669] 28,445] +04

” Preliminary. ‘ Revised.

See note at end of table 2 relating to survey error and revision.


10

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

400 400
New Orders
380 | Shipments | - - - 2 2 2 2 2 - e — +4380
360 F-------- +--+ +--+ 2+ + ee CREO 2 2 ee eH 360
340; - - - > - - - e e e e d 340
320 --------- 2-2-2 22-2 - ee ee eee eee ee ee eee -4 320
300 1 1 i L. 1 1 1 1 1 L 1 1 300
Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul
Jul. 1998 - Jul. 2000
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

VS Ratios UO/S Ratios
2.5 3.7
2.4 vos }-4 3.6
2.3 vs jp3.5
2.2 3.4
2.1 3.3

2 3.2
1.9 3.1
1.8 3
1.7 2.9
1.6 2.8
1.5 2.7
1.4 2.6
1.3 2.5
1.2 2.4

Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul
Jul. 1998 - Jul. 2000

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES
FOR TOPICAL SERIES'
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
July June May | June- | May- | Apr- July June May July | July
2000" 2000" 2000 | July | June | May | 2000" 2000" 2000 1999 | 00/99
UNFILLED ORDERS
All manufacturing industries 580,190 | 582,143 | 558,264 0.3 44.3 41.2 | 584,133 | 578,103 523.311 +116
Market categories
Automotive equipment . . . 2,518 2,472 2,566] +19] 37] 412 2,500 | 2,407 2,543 2,474 +1
Home goods and apparel... . 9,096 | 9,183 9,482 09] 32] +10] 9322 9,219 9,800 9,293 +03
Consumer staples . penne 3,085 3,184 3,298 3.1 35] +14] 3563 3,236 2,969 3145 | +133
Machinery and equipment 257,009 | 255,204 | 246.420 | 40.7} +36 -0.6 | 257,223 | 254.937 | 247,504 | 235,429 493
Business supplies . . = 7370 7,439 7613 09] 23] +02 7,789 7,619 7,745 7,529 43.5
Construction materials
and supplies ........... 18,191 | 18,009 | 18,266 | +10] -14 | +04 18,165 | 18,459 | 18,198 +10
Defense products 102,261 | 102,961 | 89,436 0.7) 415.1] +11 104,182 | 89,162 | 88871 | 415.8
Other materials, supplies and
and intermediate products . 180,660 | 183,691 | 181,183 “17 | +14 | +40 | 182,457 | 178,338 | 181,268 | 158,372 | 415.2
Durable goods industries
Nondefense capital goods * 273,544 | 272,087 | 263,052 | 40.5 | +34 -0.7 | 273,103 | 271,339 +88
Excluding aircraft and parts + | 128,553 | 127,011 | 122,923 +12 433 +0.4 | 128,114 | 126,293 +17.0
Defense capital goods * -» | 107,692 | 108,423 | 94,795 07] +144 | +10 | 108,400 | 109,866 93,704 | +15.7
Durabies excluding capital goods 173,284 | 175,832 | 174,362 -14 40.8 +4.4 | 175,617 | 170,507 152,718 +15.0
Miscellaneous series :
Producers’ durable equipment . . 296,376 | 294,437 | 287,191 40.7 42.5 -0.3 | 296,452 | 293,264 | 288,179 | 274,030 48.2
Household durable goods : 5,617 5,671 5,927 -1.0 43 40.7 5,688 5.491 6,008 5,760 13
Information technology industries 48,860 49,154 46,420 0.6 $5.9 0.6 49,064 49,194 46,745 41,146 419.2
Health care equipment
and products ........ 10,806 | 10,979 | 10,551 16] +41 | 405 | 10.734 ] 10.601 | 10,586 9659 | +1LL
TOTAL INVENTORIES
All manufacturing industries 485,241 | 482,041 | 479,362 | +0.7 | +06 | +03 | 487,283 | 479,830 | 483,500 | 466,518 44.5
Market categories
Automotive equipment . . . 9375 9,193 9189 | +2.0 oo | +06 9,589 | 9.016 9374 9,024 +63
Home goods and apparel... . . 32,880 | 32,491 | 32.114 | +12] 41.2] +05 | 33,889 | 33352 | 32.971 | 32.439 +45
Consumer staples 79.315 | 78,923 | 78,367 | +05] +07] +04 | 78404 | 77.711 | 78,077 | 73,540 46.6
Machinery and equipment . . . 116,288 | 115,334 | 115,328 | +08 0.0 -04 | 116,685 | 113,971 | 117,074 | 117,099 0.4
Business supplies . . : 29,428 29,476 29,252 0.2 40.8 +0.8 29,778 29,603 29,490 28,551 44.3
Construction materials
and supplies... 0... - | 32,038 | 31,856 | 31,662 | +06] +06] +04 | 32,203 | 31,991 | 32,010 } 29,585 +88
Defense products... 0... . 18,216 | 18,761 | 18,412 29) +19 -0.6 | 18,523 | 18,870 | 18.478 | 18,710 “1.0
Other materials, supplies and
and intermediate products . . 167,701 | 166,007 | 165,038 | +1.0 | 40.6 | +0.7 | 168,212 | 165,316 | 166,026 | 157,570 +68
Durabie goods industries
Nondefense capital goods * : 107,038 | 106,155 | 106,067 40.8 40.1 -0.3 | 107,607 | 105,046 | 107,804 | 108,615 0.9
Excluding aircraft and parts 74,625 74.072 73,695 40.7 +05 40.8 78,257 73,465 78,377 72,516 43.8
Defense capital goods * 18,616 | 19,308 | 18,862 36] +24 -02 | 18927 | 19416 | 18,909 | 19,022 -0.5
Durables excluding capital goods 177,654 | 175,656 | 174,987 +11 40.4 +0.5 | 178,800 | 175,186 | 176,583 | 167,356 +6.8
Miscellaneous series
Producers’ durable equipment . . 194,879 | 192,760 | 192.241 +1 +03 +0.1 | 196,354 | 191,599 } 194.757 | 191,124 427
Household durable goods 17373 | 17,175 16,879 +12 +18 40.7 | 17,762 | 17,390 | 17,226 | 16,634 46.8
Information technology industries 34,608 34,258 34,061 +10 +0.6 +17 35,207 34,006 33,393 +54
Health care equipment
and products. . 24,715 | 21,340 | 21.217 | +18] +06 | 40.2 | 22,048 | 21.471 | 21,674 | 20,766 +62

Sce footnotes at end of table 5
See note at end of table 2 relating to survey error and revision.


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS
FOR TOPICAL SERIES'
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted *
Monthly Percent Change Monthly Percent Year to date
Industry change
July | June | May | June-} May-| Apr] July | June | May} July| July
2000" | 2000'} 2000] July} June} May] 2000°] 2000} 2000] 1999] 00/99 | 2000" | —_ 1999
SHIPMENTS
Ail manufacturing industries... . . | 379,547] 384,208] 381,157] 1.2} +0.8]  +2.2 341,490} 412,589] 380,276] 320,282] —+6.6] 2,600,864 [2,411,534

Market categories :
Automotive equipment ... . . 16,609} 17,401 16,715) +4.1) +431 10,106] 18,678] 17,370} 10,180) -0.7] 114,810} 110,606
Home goods and apparel 20,670] 20.785] 20.972 -0.9{ 1.1] 19.213] 21,567] 19.930} 18.725] +2.6] 142,557] 135,027
Consumer staples . . . 80,644] 80,506] 80,409] +0.2) +0.1] +18) 78,250) 83,721] 80,022) 71.795]  +9.0] $46,233] 497,335

Machinery and equipment .......| 73,249) 75,016] 75.350] -24]  -0.4) +3.7] 61,563} 85,476] 74,115] 57,136] +7.7] 500.376] 462,593
Business supplies .............| 28,423) 28,471] 28,220] -0.21. +09} +19] 27,073} 29.838] 28.164] 25,331] +6.9| 193.670] 181.063
Construction materials
and supplies sees 23,070} 23,359] 23,642) 1.2] -1.2) +15] 22,525] 25,186] 24,005] 23,137] -2.6} 162,842] 158,121
Defense products .......... 6,755) 7,171) 6,517{ 5.8] +100 +04) 5.990] 7,792} 6,285] 6,022] -0.5] 45.336} 46.298
Other materials, supplies and
and intermediate products ...... | 130,127] 131,499] 129,332] 1.0} +1.7] +2.1) 116,770} 140,331] 130,385} 107,956] +8.2) 895,040] 820,491
Durable goods industries :
Nondefense capital goods * ......| 60,798] 61,938] 62,537] 1.8] -1.0] 43.5] 53,610] 72,107] 60,034] 48,646] +102] 411,386] 371,029
Excluding aircraft and parts ....| 53,989] 53,548) 53,144} +08] +0.8) +0.91 47,826] 62,846 50,367] 42,377 +12.9] 358,514] 314,221
Defense capital goods * . 6,600] 7,050} 6,230] -6.4) +13.2}  -0.91 5,786] 7,710] 6,004} 5,750] +0.6] 43,660] 44,543
Durables excluding capital goods . | 146,148] 148,657] 146,103] -1.7] +1.7]  +2.5] 121,875} 159,016] 147,908] 116.853 +4.3] 1,004,901] 949,415
Miscellaneous series
Producers’ durable equipment . ... | 138,169] 141,232] 140,158] -2.2]  +0.8]  +3.0] 111,901] 157,243] 139,519] 106,291] +5.3] 947,140] 891,774
Household durable goods... ....] 11,231] 11,161] 11,235] +0.6] -0.7]  -0.9} 9,796] 11,702] 10.851] 9,206] +6.4} 76,112] 70,083

Information technology industries | 32,699] 32,059] 32,353] +2.0] -0.9] 42.1] 28.388] 38.745] 29.803} 24,338] +166] 211.975] 178,562
Health care equipment

and products vee 13,971] 13,737] 14,004) +17] -19) +3.81 12.991] 14,900] 13,294] 12,061 47.7) 93,261] 88,520
NEW ORDERS
All manufacturing industries 377,594] 408,087] 387,906] -7.5) +5.2|  +4.7] 347,520] 431,242] 383,765] 328,590 +5.8} 2,652,306 |2,421,859

Market categories
Automotive equipment , + 16,655} 17,306} 16,746} -3.8) +33] 44.5) 10,199] 18,542] 17,342} 10,218) ~0.2} 114,824] 110,684
21,066}

Home goods and apparel - =| 20,583} 20486} 21, +0.5[  -2.8]  -0.2] 19,316] 20,986] 20,245 19,021] +1.6} 143,271] 136,009
Consumer staples... .. 80,545] 80,392 80,454] +02) -0.1]  +1.9] 78,577] 83,987] 80,109] 72,218] +88] 546,730] 498,217
Machinery and equipment . . 75,054] 83,800) 73.879] -10.4] +134] +1.S] 63,849] 92,909] 72,793] 56,557] +12.9] 518,406] 457,453
Business supplies ves 28,355] 28,297 28,237] +02) +0.2) +15) 27.243) 29,711] 28.456] 25,580} +65] 194,263] 182.071
Construction materials
and supplies... , : 23,252} 23,102 23,714) +06] -2.6f  +0.8] 22,748] 24,892] 24,057] 23,265] -2.2] 163,863] 159,079
Defense products .. . 6,055] 20,696] 7,497] -70.7] 176.1) +35.0] 4,699} 22.812] S.106] 5,475] -14.2] 59.144] 44,254
Other materials, supplies and
and intermediate products . . 127,095} 134,008] 136,313) -5.2) -1.7] +94} 120,889] 137,403] 135,657] 116,256] +4.0] 911,803] 834,092
Durable goods industries
Nondefense capital goods * 62,285] 70,943] 60,818] -12.2] +16.6] -1.1] 55,376] 79,963} 58,333] 47,804] +15.8] 427,896] 365,070
Excluding aircraft and parts. 55,531] 57,636] 53,635] -3.7]+7.5] -L.5} 49,647] 65,785] 50,896] 42,589} +16.6] 371,410] 317,128
Detense capital goods * .. 5,869] 20,678] 7,151} -71.6) 189.2} +29.9] 4,320] 22,823) 4.700} 5,066] -14.7] 58.420] 42,534
Durables excluding capital good: 143,600] 150,127] 153.419] -4.3[ 2.1] +9.9] 126,985] 154,483] 153,743] 125,670 +1.0] 1,022,974] 964,888
Miscellaneous series ;
Producers’ durable equipment ... . | 140,108} 148,478] 139,346] -5.6] +6.6| +20} 115,089] 162,328] 138,759] 106,225]  +8.3] 967,066] 886,300
Household durable goods ++} 11,177) 10,905] 11,277) +25] -3.3] +0.8) 9.993} 11,185] 11,018] 9,557] 44.6] 76,354) 70,682

Information technology industries 32,405] 34,793] 32,086] -6.9] +8.4] —-0.1] 28.258] 41,194] 30,029] 24,636] +14.7] 216,192] 180,592
Health care equipment
and products. 13,798] 14,165} 14,051] -2.6{  +0.8} +68) 13,124] 14,915] 13,286] 12,524] +4.8] 93,921] 88,554

® Preliminary. ‘ Revised.

* Topical series are regroupings of the separate industry categories.

* Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.

*Nondetense capital goods industries include : ordnance and accessories: steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and mat
handling equipment; metalworking machinery: special industry machinery, general industrial machinery; computer and office equipment; refrigeration, heating and se:

industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and eng
and parts; ships and tank components: railroad equipment: and search and navigation equipment.

* Defense capital goods industries include : ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, t
and tank components; and search and navigation equipment

See note at end of table 2 relating to survey error and revision.


Table 8. RATIOS OF MANUFACTURERS’ INVENTORIES TO SHIPMENTS AND
UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP.
(Based on seasonally adjusted data)

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry July June May Apr. July June May Apr.
2000" 2000" 2000 2000 2000" 20007 2000 2000
All manufacturing industries 1.28 1.25 1.26 1.28 2.67 2.64 2.56 2.58
Durable goods industries 1.42 138 1.40 1.43 3.1 3.08 2.98 3.01
Stone, clay, and glass products . Las 1a 112 13 0.75 0.75 0.75 0.76
Primary metals -, 138 156 1.56 1357 1.94 1.94 1.96 199
Fabricated metal products . 159 1.56 154 135 130 130 130 131
Industrial machinery and equipment 139 145 1.43 141 214 221 245 211
Electronic and other
electrical equipment 112 1.09 ian Lia 249 2.52 2.44 235
‘Transportation equipment 1.46 132 139 150 9.86 8.63 8.42 9.22
Instruments and related products 1.88 178 1.85 1.89 3.28 3.14 3.18 3.26
Nondurable goods industries 1.10 1.09 1.08 1.09 0.65 0.65 0.66 0.66
Food and kindred products oot 0.92 0.92 0.92 (Xx) (x) (X) (x)
Tobacco products 119 125 113 122 (X) (x) (x) (&)
Textile mill products 1.60 159 1.60 137 (NA) (NA) (NA) (NA)
Paper and allied products 11g 117 LAs 116 (NA) (NA) (NA) (NA)
Chemicals and allied products 135 134 131 133 (x) (X) ® (X)
Petroleum and coal products 0.70 0.69 0.73 0.75 () (X) &) (X)
Rubber and plastics products 1:28 1:25 124 126 (Xx) (X) (x) &

° Preliminary. ‘ Revised. (X) Not applicable. (NA) Not available.

' Excludes the following industries with no unfilled orders : Wood and lumber products; glass containers; metal cans, barrels and drums; farm and garden machinery;
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related products; chemicais:
petroleum and coal products; and rubber and plastics products.

Table 9. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES
(Based on seasonally adjusted data)

Shipments New orders Unfilled orders Inventories
Industry
July July July ~| July
July? | 1999- July? | 1999- July? | 1999- July? | 1999-
July! | 1995-] June | Juty! | 1995- | June | July! | 1995} June | July! | 1995- | June
2000} 1999 | 2000 | 2000] 1999 | 2000] 2000] 1999 | 2000] 2000] 1999 | 2000
All manufacturing industries as) Ot on a) 02 03 (%) 4 0.1 (0) 0.0 00
Durable goods industries. : 0.0 0.2 0.2 0.0 03 0.5 0.0 0.1 0.1 (X) 0.1 0.0
Stone, clay, and glass products . . . (X) 03 05 (X) 09 03 (X) 08 03 1) oO. 0.6
Primary metals : 0.2 02 03) 02 05 08 0.0 02 03 (%) 0.0 02
Fabricated metal products. . . (xX) 02 03 (Xx) 0.2 04 (X) 02 03 (X) OL 0.1
Industrial machinery and equipment 1 03 05 12 02 06 0.0 ol 03 &) 01 ol
Electronic and other

electrical equipment : : 01 0.6 04 0.4 Ll 18 0.4 07 08 (X) ol 02
‘Transportation equipment . . . ... “0.1 08 os) 0.1 08 12 0.0 01 02 () 02 0.1
Instruments and related products (x) 05 07 © 12 12 (x) 03 03 &) on ol
Nondurable goods industries . . (X) 0.0 0.1 () 0.0 0.1 (xX) 0. 0.1 () 01 4
Food and Kindred products - (xX) 03 02 (&) &) ) (x) a) (x) (xX) ol Oo
Tobacco products . - &) 0.0 02 (x) & (x) (X) (x) (X) (x) 0.0 0.0
Textile mill products . . . . . : (e) 04 03 (x) | (NA) | (NA) (xX) | (NA) | (NA) (x) 0.1 02
Paper and allied products . .. . . ® 0.2 0.2 (x) | (NA) | (NA) (xX) | (NA) | (NA) () 01 0.0
Chemicals and allied products : (x) 03 02 (&) & (x) & (&%) a) () ol ol
Petroleum and coal products . (X) 01 06 (x) (xX) (x) (X) (X) (X) (X) 0.2 0.6
Rubber and plastics products. &) Ol 01 & (X) (x) &) (X) &) &) 00 02

Capital goods industries :
Nondefense . vee 0.6 02 03 ol 04 07] 0.1 Ou 0.2 (x) o. 01
Defense .... - 08 0.8 07 04 29 56 02 0.3 (x) 02 02

(X) Not applicable. (NA) Not available.

Note: The five year and the twelve month revisions are the differences between the month-to-month percent changes of the preliminary and final estimates, The
monthly averages are the simple averages of the absolute values of the differences for the months specified. ‘The advance to final percent change revisions for the
durable goods industries are shown in the advance report for the month

' The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.
? Average for this month for the last five years


CURRENT INDUSTRIAL REPORTS

an
By

U. S. Department of Commerce
Economics and Statistics Administration
BUREAU OF THE CENSUS.

Manufacturers’ Shipments,
Inventories, and Orders

July 2000
'3-1-(00)-0"
For Wire Transmissions 10:00 a.m. E.S.T. August 31, 200(

For Data - (301) 457-4673
For Questions - Lee Wentela or Derrick Roy
(301) 457-4832 or (301) 457-4814

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in July decreased
$30.5 billion or 7.5 percent to $377.6 billion, the Department of
Commerce, Bureau of the Census reported today. This follows
a 5.2 percent June increase and is the largest decrease on record.
Excluding transportation, new orders decreased 2.6 percent.
Year to date, new orders are 9.5 percent above the same period
a year ago.

Shipments decreased $4.7 billion or 1.2 percent to $379.5
billion, following a 0.8 percent June increase. Year to date,
shipments are 7.9 percent above the same period a year ago.

Unfilled orders decreased $2.0 billion or 0.3 percent to
$580.2 billion, following a 4.3 percent June increase. The
unfilled orders-to-shipments ratio was 2.67, up from 2.64 in June.

Inventories increased $3.2 billion or 0.7 percent to $485.2
billion, following a 0.6 percent June increase. This is the tenth
increase in the last eleven months. The inventories-to-shipments
ratio was 1.28, up from 1.25 in June.

New Orders

New orders for manufactured durable goods in July
decreased $30.0 billion or 12.4 percent to S118 billion,
unrevised from the previously published 12.4 percent decrease.
This is the largest decrease on record. Excluding transportation,
new orders decreased 4.7 percent.

Transportation equipment had the largest decrease, $21.8
billion or 31.8 percent to $46.7 billion, mostly due to aircraft and
parts. This is the largest decrease on record. Electronic and
other electrical equipment decreased $8.1 billion or 17.2 percent
to $39.0 billion, due to electronic components and
communication equipment. Instruments and related products
decreased $2.0 billion or 12.1 percent to $14.6 billion. Industrial
machinery and equipment, up four of the last five months,
increased $2.4 billion or 5.5 percent to $46.0 billion.

New orders for nondurable goods decreased $0.5 billion
or 0.3 percent to $165.8 billion. Petroleum and coal products
had the largest decrease.

Shipments
Shipments of durable goods in July decreased $4.1

billion or 1.9 percent to $213.5 billion, unrevised from the
previously published 1.9 percent decrease.

Transportation equipment had the largest decrease, $4.5
billion or 9.4 percent to $47.3 billion; all component industries
decreased except shipbuilding and tanks. is is the largest
decrease since the 9.9 percent decline in July 1993.
Instruments and related products decreased $0.7 billion or 4.5
percent to $14.8 billion. This is the largest decrease since the
4.5 percent decline in October 1988. Industrial machinery and
equipment increased $2.2 billion or 5.2 percent to 34a 3

illion.

Shipments of nondurable goods decreased $0.6 billion or

0.3 percent to $166.0 billion. Petroleum and coal products

had the largest decrease, $0.7 billion or 3.4 percent to $19.7
illion.

Unfilled Orders

Unfilled orders for durable goods in July decreased $1.8
billion or 0.3 percent to $554.5 billion, unrevised from the
previously published 0.3 percent decrease. Electronic and
other electrical equipment had the largest decrease, $2.1
billion or 2.0 percent to $102.2 billion, due to electronic
components. Transportation equipment, down five of the last
six months, decreased $0.6 billion or 0.3 percent to $242.3
billion. Primary metals, down nine consecutive months,
decreased $0.3 billion or 0.8 percent to $31.0 billion.
Industrial machinery and equipment increased $1.7 billion or
1.9 percent to $90.2 billion. This is the thirteenth consecutive
increase.

Inventories

Inventories of durable goods in July increased $2.2
billion or 0.7 percent to $303.3 billion. “This is the tenth
increase in the last eleven months. All major industry groups
increased.

Electronic and other electrical equipment had the largest
increase, $0.6 billion or 1.4 percent to $45.8 billion. This is
the tenth increase in the last eleven months.

Inventories of nondurable goods, up thirteen consecutive
months, increased $1.0 billion or 0.6 percent to $181.9
billion.

By stage of fabrication, July finished goods increased 2.1
percent in durables and 0.3 percent in nondurables. Work in
process decreased 0.3 percent in durables and increased 1.5
percent in nondurables. Materials and supplies increased 0.7
percent in durables and 0.4 percent in nondurables.

Our internet address is: http://www.census.gov/indicator/www/m3

‘The advance

ort on durable goods for August is scheduled for September 27, 2000 at 8:30 a.m. and the full report on October 4, 2000 at 10:00 a.m. For sale by the Superintendent

of Documents, U-S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through STAT-USA/Internet at www.stat-usa.gov.


Nondefense Capital Goods 1
New Orders and Shipments

Three Month Moving Averages

Billions of Dollars
66 66

New Orders

Shipments

46 L J 1. L L L 1 a 1 L i 46
Jul Sep Nov Jan = Mar May Jul Sep Nov Jan Mar May Jul

Jul. 1998 - Jul. 2000

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
12

11
10

Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May = Jul
Jul. 1998 - Jul. 2000

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’

BY INDUSTRY GROUP
(Millions of dollars)

INVENTORIES, BY STAGE OF FABRICATION,

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
July June May | June- | May- | Apr July June May July July
2000" 2000° 2000 | July | June | May | 2000" | 2000" 2000 1999 | 00/99
MATERIALS AND SUPPLIES
All manufacturing industries 162,534 | 161,655 | 161,126 | +05] +03 | +10 | 163,088 | 160,632 ] 160,531 } 154,458 45.6
Durable goods industries 98.311 | 97,663 | 97,252 | +07] +04} +11 | 98,933 | 96,721 | 96,680 | 93,582 +57
Stone, clay, and glass products - 3394 3400 | 3,355 02, +13 | +14 388, 3,389 | 3.331 3,205 +57
Primary metals 8,069 8,049 8028 | +02] +03 | +05 075 7903 TIB TAl2 48.9
Fabricated metal products 217 | oannos | 14138} to] -03 | +17 | 11257 | 11102 | 11,037 | 10,579 +64
Industrial machinery and equipment 24191 | 21319 | 20,893 06} +20 | +429 | 21320 | 21259 ) 21,035 0,090 +61
Electronic and other
electrical equipment 18,594 | 18,271 | 18,225 | +18] +03 | +07] 18,939 | 18,109 | 18,280 | 16,793 | +128
‘Transportation equipment . 15,093 | 14.719 | 15,028 | +25 21 -0.7 | 15328 | 14549 | 15,039 | 15.662 21
Instruments and related products 9397 | 91426 5216 03} +23] +15 9/462 9469 | 9.238 | O17 438
Lumber, furniture and
miscellaneous durable goods 11,356 | 11,374 | 11,369 0.2 0.0 | +06] 11,164 | 10,941 | 10,947 | 10,724 +41
Nondurable goods industries . 64,223 | 63,992 | 63,874] +04] +02] +08 | 64,155 | 63,911 | 63,851 | 60,876 45.4
Food and kindred products |... 11393 | 11,471 | 11527 07} -05 | +04 | 11208 | 11385 | 11419 | 11342 “12
‘Tobacco products . . 4567 4568 | 4,545 oo] +05] +01 4227 4278 | 4399 209 +04
Textile mill products 3,017 2928 | 2893 | +30] +12 | +03 3070 | 2.946 2972 | 2.872 +69
Paper and allied products 8144 81072 8144 | +09] 09] +13 3,103 8,020 8.127 7,668 45.7
Chemicals and allied products 16,174 | 16,005 | 15,943 | +11] +04 | +408 | 16326 | 16,119 | 16,073 | 13,784 $3.4
Petroleum and coal products 4,195 4368 | 4,349 40) +04] 4291 41 4467 4,469 3,288 | +27.7
Rubber and plastics products 79 7,636 7517 | +11 | +16] +08 TIM 7588 7.481 6.968 | +115
Apparel, printing and publishing
and leather goods 9,014 8,944 3956} +08] -01] +07] 9,251 9,108 8911 8,745 +5.8
WORK IN PROCESS
All manufacturing industries 145,496 | 145,323 | 145,104 | +0.1 -0.6 146,129 | 147,799 -1.0
Durable goods industries . 113,563 | 113,876 | 114,240 03 0.7 115,370 | 117,417 2.6
Stone, clay, and glass products . 1,647 163 1640 | +09 -16 1,697 1486 | +121
Primary metals a 8,778 8,721 8614 | +07 40.1 8.678 8,283 +73
Fabricated metal products. - 9431 9/355 9272 | +08 +08 9351 9,062 453
Industrial machinery and equipment 20,726 | 20,693 | 20,816 | +02 -08 21172 | 21,890 “5.0
Electronic and other
electrical equipment 14,114 | 14,096 | 13,979 | +0.1 +0.1 | 14,237 14,369 | 14.232 0.0
Transportation equipment . : 42,644 | 43,281 | 43,631 “15 -19 | 42,655 43,592 | 46,821 “8.9
Instruments and related products . 10,225 | 10,103 | 10,316 | +12 +0.8 | 10,489 | 10,107 | 10.490 | 10,185 +3.0
Lumber, furniture and
miscellaneous durable goods 5,998 5,995 5972 | +01] +04] +04 6,059 | 6,025 6,021 5.458 | +110
Nondurable goods industries 31,933 | 31,447 | 30864] +15 | +19 -0.1 | 31,968 | 31,154 | 30,759 | 30,382 45.2
Food and kindred products 6519 6,557 6,578 06{ 03 | +10 976 | 6,102 6.131 0636 +6.0
Tobacco products. . . . 83 84 83 12] +12 | -17.0 4 1 a 8 5.1
Textile mill products... . 2,469 2,530 2,551 24] 08 | +06 2,486 | 2516 | 2,584 2,491 -02
Paper and allied products 1831 1812 1748 | +10] +37] +09 1,842 1/838 1,757 1.670 | +103
Chemicals and allied products 97794 91120 8802 | +74] +36 -10 | 10,083 242 | 9,049 9314 +83
Petroleum and coal products 33321 31356 3,223 -Lo | +41 -26 3299 | 3,344 33302 2636 | 425.2
Rubber and plastics products 2298 2301 2/306 “0.1 02) +05 2274 2253 2/285 2/280 -03
Apparel, printing and publishing
and leather goods . . 5,618 5,687 5,573 12] +420] +08 5,934 5,788 5,580 6277 55
FINISHED GOODS.
All manufacturing industries 177,211 | 175,063 | 173,132 | +12] #11 | +04 | 177,887 | 175,052 } 176,840 | 164.261 +83
Durable goods industries. 91,434 | 89,580 | 88,424 | 421 | +13 | +03 | 92,061 | 89.935 | 91,246 | 83,994 +96
Stone, clay, and glass products . 5,090 047 5,019 +0.9 +0.6 “17 5,110 5,110 5,224 4,823 +6.0
Primary metals -.. 2.2... 8.417 8,259 8306 | +19 -06 0.2 8390 8.236 8,462 8.10: 43.6
Fabricated metal products 11.980 | 11,787 | 11,630 | +16] +13 02 | 12,051 | 12.054 | 12,032 | 11/557 +43
Industrial machinery and equipment | 19,528 | 19,129 | 19,097 | +21 | +02 “0.2 | 19358 | 18,716 | 19{600 | 17,773 +8.9
Electronic and other
electrical equipment... . 13,130 | 12,835 | 12,641 423] +15 | +29} 13.273 | 12,805 | 13,310 | 10,807 | +228
Transportation equipment 11559 | 11166 | 10545 | 435] +59 | 414 | 11903 | 11390 ] 10,731 | 10,229 | +164
Instruments and related products 8.234 81133 897 | +12] -08 0.0 8313 8,136 37 7974 +43
Lumber, furniture and
miscellancous durable goods 13,496 | 13,224 | 12.989 | 421 | +18 -0.5 | 13,663 | 13.488 | 13,512 | 12,729 473
Nondurable goods industries 85,777 | 85,483 | 84.708 | +03 | +09 | +0.6 | 85,826 | 85,117 | 85,594 | 80,267 +69
Food and kindred products 21,073 | 21,029 | 21.031 +02 0.0 -0.3 | 20,575 | 20,017 | 20,436 | 19,968 43.0
Tobacco products. 69 729 665 52] +96 -0.7 52 587 569 358 | +469
Textile mill products. . 4,928 | 4,933 4,867 O1} +14] +07 5,019 5,045 5,078 4,800 +46
Paper and allied products 7257 3 6992 | +20] +18 -0.1 77290 | 7.152 7227 6,633 +99
Chemicals and allied products 24149 | 24,105 | 23,726 | +02 | +16] +11 | 24,044 | 23,801 | 23,964 | 21,921 $9.7
Petroleum and coal products 6.334 6,380 | 6,259 07] +19 | 422 6,483 6.527 459 $351 | +212
Rubber and plastics products. 8542 8,439 8450] +12] 02] +10 8,510 8517 8.683 7813 48.9
Apparel, printing and publishing
and leather goods . . . 12,803 | 12,753 | 12,709 | +04] +03 | +05 | 13,379 | 13.381 | 13,178 | 13,423 03

* Revised.

» Preliminary.



Table 3. VALUE OF MANUFACTURERS’ UNFILLED ORDERS FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
July June May] June-} May-| Apr. July June May July July
2000"| 2000" 2000) July} June} = May] = 2000") 2000" 2000 1999] 00/99
All manufacturing industries 580,190 | 582,143] 558,264 03 #43 +12] $84,133] 578,103] 559.450] 523,311} +116
Manutacturing industries
without defense capital goods 472,498 | 473,720] 463.469] 0.3} +2.2] 41.3] 475,733] 468,237] 464,697] 429,607] | +10.7
Durable goods industries $54,520] 356,312} 532,209 -03 +45 #12} $57,122} $51,712} 533,276] 497,545] +12.0
Stone, clay, and glass products 6.336 6,383 6,452 -0.7 “Ld -1.0 6,333 6,405 6,499 6,078 +4.2
Primary metals 31,029] 31,290] 31,391 08) 03 04] 31,093] 31,301] 32,026] 31,544 “14
Blast furnaces, steel mills 11,866 12,213 12,435 28 “18 24 11,805 12,269 12,862 12,574 6.1
Iron and steel foundries 5.053] 5,001 4902] +10] 420] 428] 5,036 5.011 4,960] 4,835] +4.2
Nonferrous and other primary
metals 14,110] 14,076] 14,054} +02] +02] +04] 14,252] 14,021] 14.204] 14,135] 40.8
Fabricated metal products . 25,211] 25,314] 25,425 -0.4 04 +02} 25,574} 25,418] 25,635] 25,503 +03
Industrial machinery and equipment 90,158 88,460 86,934 +19 +18 +13 89,534 87.513 87,165 78,518 +14.0
Engines and turbines : 29,083] 27,816] 25,875] +4.6] +75] 42.8] 28,507] 27,112] 25.153] 22,066] +296
Construction, mining and
material handling equipment 8,732 8,763 8,705 04 +0.7 13 8,593 8,848 8,953 8,859 3.0
Metalworking machinery 6,643] 6,789] 7,034 22 35 04] 6643] 6,789 7,034) 6.971 47
Computer and office equipment . . 8,675 8,913 9,040 2.7 14 417 8,889 8,979 9,359 8,587 43.5
Electronic and other
electrical equipment vee 102,200] 104,296] 98,545 -20{ +58] +75] 103,173] 99,037} 98,009} 70,027) +473
Electrical transmission and
distribution equipment and
industrial apparatus... . . 7,609| 7,618 7,283 O01} #46) 40.2] 7,627 7,593 7,361 6510} +172
Electric lighting and
wiring equipment . . 5.487| 5,309] 5461] 43.4 28] +17) 5,487 5309] 5,461 5375] 42.1
Communications equipment 30,195} 30,100] 26,798] +03) +123 -0.7] 29,381] 29,637] 26,600] 18,132] +62.0
Electronic components . . 52,340] 54,860] 52,252 46] 45.0} +149] 54220] 50,197] 51,801] 34,302] +581
‘Transportation equipment 242,255 242,897 226,686 -03 47.2 -0.7 | 243,579 244,055 226,522 230,205 +58
Aircraft, missiles,
space vehicles, and parts. 207,048 | 207,618] 189,906] -03] +93 -1.0] 208,409} 209,031] 189,948} 194,576] +7.1
Shipbuilding and tanks . 18,691] 19,041] 19,552 18 26] 413] 18,729] 19,089] 19,541] 19,172 23
Instruments and related products 48,553] 48,722| 47,579 0.3] #24] 40.3} 48,639] 48.827] 47,742] 46.875] +3.8
Search and navigation equipment 26,302} 26.443} 25.551 05] 435] +04] 26463] 26.936] 25,665] 26,069] +15
Measuring and controlling devices 10,615 10,482 10,642 413 “1S +0.2 10,615 10,482 10,642 10,325 42.8
Medical instruments and supplies 10,760] 10,932] 10,503 -16] +41] 40.4] 10685] 10552] 10538] 9614] +11
All other durable goods vee 8,778 8,950 9,197 19 27 +1.0 9,197 9,156 9,678 8,846 +4.0
Nondurable goods industries . . 25,670| 25,831 26,055 0.6 0.9 +1.0] 27,011 26,391 26,174 25,766 44.8

” Preliminary. ‘ Revised.

See note at end of table 2 relating to survey error and revision


Table 2, VALUE OF MANUFACTURERS’ NEW ORDERS FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted’
Monthly Percent Change Monthly Percent Year to date
Industry change
July | June | May | June-| May-] Apr-| July| June | May} July] July
2000" | 2000] 2000} July} June] May} 2000] 2000} 2000} 1999] 00/99} 2000" | 1999
All manufacturing industries 377,594) 408,087] 387,906) 7.5} +5.2] +4.7] 347,520] 431,242] 383,765] 328,590] — +5.8] 2,652,306 |2.421,859
Manufacturing industries
with unfilled orders . . ++ | 215,662] 244,098] 225,003] -11.6] +8.5] +6.7] 200,111] 258,836] 217,966] 189,389] +5.7] 1,528,156 ]1,382,861
without defense capital goods 371,725] 387,409] 380,755] -4.0] +1.7] +4.3) 343,200} 408,419] 379,065] 323.524] — +6.1 | 2'593.886 [2.379.325
Durable goods industries 211,754) 241,748] 221,388] -12.4] +9.21 +72] 186,681] 257,269} 216,776] 178.540, +4.6] 1,509,290 1,372,492
With unfilled orders... 176,433) 204,812) 185,142] 13.9} +10.6f  +7.9] 161,410] 217.787] 178,686] 151.732) +64] 1.257.375 1.125.085
Stone, clay, and glass products 8,774) 8,743] 8.886] +0.4)  -1.6] -0.1} 8.677/ 9.270] 9.012] 8.5931 +1.0] 61436) 58.674
Primary metals . 15,741] 15,991} 15,864) -1.6] 40.8} 40.8) 14,344] 16.221] 15,646] 14.435 -0.6} 112,813] 104,860
Blast furnaces, steel mills 5,725] 5,920) 5,849] 3.37 41.2) +13) 5,033] 5,870[ 5.732] 5,307 -5.2] 42,752] 41,031
Iron and steel foundries : 1,522) 1,556] 1,606 -2.2) 3.1] +10.8) 1,264] 1,592] 1,576] 1,334] 3.2] 10825] 10.240
Nonferrous and other primary
metals wae 8494) 8.515] 8.409] 0.2) 41.3] -1.3) 8,047) 8,759] 8,338] 7,7941 43.2] 59.236] 53,589
Fabricated metal products 20.360] 20,538] 20,793} -0.9 1.2) +0.51 18.278] 21,767] 21,169] 18,325] -0.3] 143.733] 141.785
Industrial machinery and equipment 45,993] 43,612] 43,560] +5.5] 40.11 -0.2| 41.412] 49,631] 42,267| 35.206 +17.6] 301,129] 264.306
Engines and turbines : “| 4012) 4,546) 3,374) -11.7] 434.7] 425.0] 3.406] 4,963] 3,155] 2: +403] 21,872] 19,677
Construction, mining and
material handling equipment 3.971} 4,062] 3,991) -2.2) +1.8} +12) 3,483] 4,461] 3,859] 3,235) +7.7| 28,944} 27,206
Metalworking machinery 3,668} 3,496] 3,707] +#4.9)  -5.7]  -5.3} 3,035] 3,744] 3,586] 3.344 -9.2| 25,162] 24,059
Computer and office equipment 14,901) 13,808} 14,353) +7.9] -3.8) +1.0) 13,250} 17,683] 13,009] 11,047| +19.9} 93.281] 77.797
Electronic and other
electrical equipment 38,955] 47,067] 47,323) -17.2) -0.5] +28.4] 40.277] 46,469] 44,398] 37.7431 +6.7] 286.716] 238.357
Electrical transmission and
distribution equipment and
industrial apparatus . 4,067] 4,528) 4,232) 10.2] +7.0) +2.6, 3,699) 4,864] 4.086] 3.671 +0.8| 29,520] 26,423
Electric lighting and
wiring equipment os 2,881) 2,581] 2,721) +116) -5.1) +3.) 2,430) 2,762) 2,633] 2,122] +14.5] 18,058] 16,304
Communications equipment 10,292] 13,335] 10,388} -22.8) +284) -4.1/ 8.371] 14,820] 9,593] 7,578] +105] 70817] 55.576
Electronic components : 15,896] 21,091] 24,094) -24.6] 12.5] +79.1) 20,697] 18,210} 22,515] 19.370] +6.9] 128,624} 102297
‘Transportation equipment 46,681] 68,467) 48.354] -31.8] 441.6) +6.8) 31,229] 73,682) 48.124] 31.128] +03] 351.721] 319.428
Aircraft, missiles,
space vehicles, and parts. 9,748] 30,100] 10.824) -67.6] 178.1) +8.4 9.273] 8,490) 4.1] 93,915] 71,092
Shipbuilding and tanks 837] 598) 1,346] +40.0] -55.6] 216.0) 1,327] 57s] +32.9] 6,626] 6,427
Instruments and related products 14,647) 16,657) 15,112} -12.1] +10.) +6.8} 14,314] 12,629] +2.6] 104,344] 97,989
Search and navigation equipment 2,867} 4,134} 3,160] -30.6} +308) +10.3 2.663{ 2.196] +13] 22,017} 21,292
Measuring and controlling devices 4,862} 5,065] 4,761] -4.0] +64] +14] 4,706] 3,669) +15.6] 33,444] 28,395
Medical instruments and supplies 4,539] 5,096] 4,745} -10.9] +74) +122] 4,487] 4,683) -7.0] 32,438] 32,843
All other durable goods 20,603) 20,673} 21,496) 0.3} -3.8) +0.9) 21,881] 21,846] 20,531 5.0] 147,398] 147.143
Nondurable goods industries 165,840} 166,339} 166,518] -0.3{-0.1] +1.6 160,839} 173,973) 166,989] 150,050} +7.2} 1,143,016 [1.049.367
With unfilled orders 39.229) 39.286] 39,861] -0.1] -1.4) +1.8] 38,701 41.049] 39.280] 37,657] 42.8] 270,781] 257,806

® Preliminary. ‘ Revised.
"Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.

(n) When new orders for a prior month are negative because of cancellations, the percentage change calculation is algebraically negative, even though there is a net dollar
increase from the prior month to the current month

Note: Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error.
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Further
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current- Industrial Reports’ M3-1(96),
“Manufacturers” Shipments, Inventories, and Orders: 1987-1996."



Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS
(Millions of dollars)

FOR INDUSTRY GRO!

Seasonally adjusted

Not seasonally adjusted!

Monthly Percent Change Monthly Percent Year to date
Industry change
July} June | May | June-] May-| Apr-| July] June | May| July | July
2000? | 200°} 2000} July} June] May} 2000") 2000'} 2000] 1999] 00/99} 2000" | 1999
All manufacturing industries . . 379,547] 384,208] 381,157] 1.2) +08] +2.2| 341,490] 412,589] 380,276] 320,282] — +-6.6| 2,600,864 |2.411,534
Manufacturing Industries
with unfilled orders 217,615] 220,219] 218,254) -1.2] +0.9]  +2.2) 194,081} 240,183] 214,477] 181,081] +7.2}1,476,714 |1,372,536
without defense capital goods . . . | 372,947| 377,158] 374,927] -1.1]  +0.6| +2.2) 335,704] 404.879] 374.272] 314,532] +6.7}2,557.204 |2,366,991
Durable goods industries 213,546] 217,645] 214,890] -1.9]  +1.3) +2.7] 181,271] 238,833] 213,946] 171,249] +5.9] 1,459,947|1,364,987
With unfilled orders 178,225] 180,709] 178,644] -1.4] +12] +2.4} 156,000] 199,351] 175,856] 144,441] — +8.0] 1,208,032 ]1,117,550
Stone, clay, and glass products 8,821] 8,812] 8,950] +0.1}  -1.5] +0.7] 8,749} 9,364] 9.140] 8.641] +1.2] 61,340] 58,667
Primary metals 16,002] 16,092} 15,978] 0.6 +0.7] +0.9} 14,552] 16,946] 16,313) 13,574) 47.2] 112,841] 102,163
Blast furnaces, steel mills 6,072} 6,142) 6,153] 1.1] -0.2) #22) 5,497] 6,463) 6,299] 5,169] +63] 43,580] 39,492
Iron and steel foundries 1470] 1,457) 1,473) 40.9) -Lll 43.1) 1,230) sai} sao} 1,321] -6.2] 10,453] 10,757
Nonferrous and other Primary
metals... .. 8,460} 8,493] 8,352) -0.4] +17} -03] 7,816} 8,942) 8,474] 7,084] +103] 58,808] 51,914
Fabricated metal products 20,463} 20,649) 20,749] 0.9} -0.5] +12) 18,122] 21,984] 21,106] 18,208] -0.5] 142,907] 141.716
Industrial machinery and equipment 44,295] 42,086] 42,478] +5.2]  -0.9]  -0.7] 39,391] 49,283] 41,107] 34,097] +15.5] 292,822] 260,229
Engines and turbines _ 2,745} 2,605) 2,671) +54) -25) 7.3] 1,921] 3,004) 2,596] 1,860} +33) 18,073] 16,336
Farm and garden machinery | 2,170) 2,045] 2,099] +6.1]  -2.6f 44.41 1,808] 2,079} 2,595] 1,420] +273] 16.461] 14.827
Construction, mining and
material handling equipment 4,002] 4,004) 4,102) 0.0) -2.4) +2. 3,738] 4,566] 4,183} 3,544) +55] 28,930) 27,980
Metalworking machinery 3,814] 3,741) 3,738] +2.0/ +0.1)  -4.0] 3,181] 3,989] 3,617} 3.054) 44.2} 25,009] 23.534
Computer and office equipment 15,139] 13,935] 14,198] 48.6] -1.9] +0.4) 13,340] 18,063] 12,353] 10,641] 425.4] 93,073] 77,151
Electronic and other
electrical equipment 41,051] 41,316] 40,455] -0.6] 42.1] +3.8] 36,141] 45,441] 38,783) 30,909] +16.9] 267,230] 226,136
Electrical transmission and
distribution equipment and
industrial apparatus 4,076) 4,193} 4,221) -2.8] -0.7} 47.1) 3,665] 4,632} 4,124] 3,582] +23] 28,789] 26,094
Houschold appliances 2,292} 2,404) 2,477) -4.7) -29) +46) 2,121] 2.801] 2,484) 2,253} 5.9] 17,021] 16,466
Electric lighting and
wiring equipment 2,703] 2,733} 2,629} =I.) $4.0] +4.8) 2,252) 2,914] 2,541] 2.046} +101] 17,603] 15,951
Household audio and
video equipment ... .. 1,254] 1,231] L114] +19) +105] -15.3] 1,165] 1,159] 961 998] +16.7] 7,655] 6,718
Communications equipment 10,197] 10,033} 10,576] +16) -5.1| +3.1] 8,627] 11,783] 9,982] 7,530] +14.6] 67,059] 54,501
Electronic components 18,416] 18,483) 17,317] -0.4]  +6.7| +5.3) 16.674] 19,814] 16,627] 12.711] 431.2] 114,878] 91,650
‘Transportation equipment . . 47,323] $2,256] 49,912] 9.4] +4.7] +71] 31,705] 56,149] 51,605] 32,697] -3.0] 334.524] 331,807
Motor vehicles and parts 33,490} 35,026] 33,581) -4.4] +43] +47] 19,891] 37,337] 35,124] 20,450] —-2.7] 232,336] 227,902
Aircraft, missiles,
space vehicles, and parts. 10,318] 12,388} 12,675] -16.7| -2.3) +14.3) 8,762] 13,632] 12,818] 9,299] 5.8] 76,014] 80,524
Shipbuilding and tanks 1187] 1,109) 1,087] +7.0] 42.0) +82) 1,124] 1,193) 1,065 903} +245] 7,425} 6,577
Instruments and related products 14,816] 15,514] 14,959] 4.5] 43.7] 42.8) 13,150] 17,263] 14,546] 12,834] +2.5] 102,201] 98,299
Search and navigation equipment 3,008} 3,242) 3,047] -7.2) +64) +521 2,098] 3,572] 2,880] 2.877) -6.2] 20.974] 21.651
Measuring and controlling devices 4,729] 5,225] 4,737] -9.5] +103] +0.3) 4,110] 5,669] 4,682} 3,669] +12.0] 32,961] 28,255
Medical instruments and supplies 4711] 4,667] 4,698] +09) 0.7] #31) 4.223) 5300] 4,497] 4.221 0.0] 31,788] 32,815
Photographic goods 1,840} 1,868] 1,949] -1.5]-4.2) 45.1] 1,603] 2,159] 1,932] 1,619] -1.0} 12,893] 12,208
All other durable goods 20,775] 20,920} 21,409] -0.7) -2.3) +1.1] 19,461] 22,403) 21,346] 20,288] 4.1] 146,082] 145,969
Nondurable goods industries . 166,001] 166,563] 166,267] -0.3] +02] +1.5] 160,219] 173,756] 166,330] 149,033] +7.5] 1,140,917 1,046,547
With unfilled orders 39,390] 39,510] 39,610} -0.3] -0.3) +14} 38,081) 40,832] 38,621] 36,640) +3.9] 268,682] 254.986
Food and kindred products 42,634] 42,626] 42,590] 0.0] +0.1) -0.3) 40,763} 43,770] 42,673] 39,577] +3.0] 291,696] 285,672
Meat products . . 9,844] 9,847) 9,753] 0.0) +1 -0.4] 9,592) 10,063} 9,893) 8,678) +10.5] 66,801] 60,291
Dairy products . 6,304] 6,435] 6,380] -2.0) +0.9] -0.1) 5,893} 6,701] 6,420] 5,909] 0.3] 43,402] 44,653
Beverages... . 6,567] 6,560] 6,681} +0.1)  -1.8) +07} 6817/7411] 7,146] 6,621] +3.0] 46,327] 44,074
All other foods, except fats and oils | 18,194] 17,990] 17,973] +11] 40.1] -0.8] 16.736] 17,801] 17,411] 16.668] +0.4} 122,619] 123.672
Tobacco products ............ 4,493] 4,298] 4,695] +4.5]  -8.5] 47.8) 4,352] 4,432] 4.987] 4,157] +4.7 30,764] 28,950
Textile mill products 6,489] 6,554] 6,446] -1.0) +17) Ll] 5.973] 7,123] 6.439} 6,045] 1.21 44,797] 44.756
Broadwoven fabrics and
other textiles 3641] 3,651] 3,606] -0.3) +12} +0.7} 3,208] 3,959} 3,668} 3,253) -1.4] 25,115] 25,913
Paper and allied products 14,556] 14,540] 14,672] 40.1] -0.9) +4.1] 14.114] 15,081] 14,573] 13,208] +6.9] 100.966] 93.817
Pulp, paper, and
paperboard mill products 5,859] 5,858] 5,843] .0| +0.31 +05] 5,752) 6,020] 5,710] 5,162) +114) 40,482) 35,857
Paperboard containers and boxes 3,928} 3,942) 4.057) -0.4] -2.8) +0.8] 3,755} 4,039] 4.107] 3,275] 14.7] 27,536] 23,267
Miscellaneous converted
paper products . . . 4,769) 4,740) 4,772| +0.6) -0.7] +2.1) 4,607] 5,022) 4,756] 4,771|  -3.4] 32,948) 34,693
Chemicals and allied products 37,026] 36,621) 37,082) +1.1 -1.2)  +2.5] 35,388] 39,032] 37,235] 33,033) +7.1] 256,187] 237,132
Industrial chemicals... . . . 16,007] 15,999} 16,042} 40.1] -0.3) +06) 15,513] 16,890] 16,130] 14.960] +37] 112,601] 104,722
Drugs, soaps, and toiletries 17,095] 16,730) 17,176] +22 -2.6| +4.) 16.217] 17,709] 16.206] 14.495] +11.9] 113,367] 102,634
Petroleum and coal products 19,651] 20,342] 18,876) -3.4]  +7.8| +29] 20.261] 21,369] 19,610] 15,083] +34.3) 132,828] 87,919
Rubber and plastics products 14,526] 14,696} 14,794] -1.2{ -0.7] +2.9) 13,196] 15,662} 15,244] 12,292] +7.4] 102,395} 95,080
All other nondurable goods 26,626 26,886] 27,112] -1.0|  -0.8)  +1.3] 26,172] 27,287] 25.569] 25.638] 42.1) 181,314] 173,221

T Preliminary. "Revised.

' Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations