Table 4, VALUE OF MANUFACTURERS’

(Millions of dollars)

INVENTORIES FOR INDUSTRY GROUPS

‘Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Oct. Sept. Aug. Sept-|  Aug-| — July- Oct. Sept. Aug. Oct.| Oct.
1997" 197" 1997]  Oct.] Sept | Aug.| 1997" i997" 1997 1996] 97/96
All manufacturing industries. . 451,143 | 449,152] 448,447 +04 +0.2 +0.4] 452,199} 448,616] 452,128] 434,837 +4.0
Manufacturing industries
with unfilled orders. . 298,681] 297,714] 298344] +03]  -02] +04] 298,791] 297,372] 302,607] 287,970] +3.8
without defense capital goods... 434,931] 432,854] 432,336 40.5 +0.1 +04 435,778) 432,003] 435,685] 417,875 +43
Durable goods industries. . 282,587) 281,762} 281,878 +03 0.0 +04] 282,687] 281,112] 285,033| 271,704] +40
With unfilled orders 258,990] 258,098] 258940] +03]  -03] +04) 259,286] 257,720] 262,433] 249,142) +4.1
Stone, clay, and glass products 8678| 8,744] 8,707] 0.8] +04] = 40.1] 8360] 8.565] 8.674] 8,198] 42.0
Primary metals .......... 24,896] 24811] 24895] +03] -03| +04] 24693] 24,726] 24971] 24,168) — +2.2
Blast furnaces, steel mills . 12,067] 12,060} 12,091 40.1 03 40.2] 12,055] 12,060} = 12,069] 12,040 40.1
Iron and steel foundries. 1,637 1653} 1,642] 1.0] 40.7] 05 1,603, 1,622 1,612 161s} -0.7
Nonferrous end other primary
metals . 11,192] 11,098] 11,162] +08] -0.6] +0.7] 11,035] 14,044] 11,290] 10,513] +5.0
Fabricated metal products : 28.974] 28,868] 28,639] +04} +08/ +03] 28556} 28617] 28,668] 26,950] +6.0
Industrial machinery and equipment 60,421 60,084 60,241 40.6 03 +0.1 60,476 59,594 61,170 59,069 424
Engines and turbines : 3788] 3,742] 3,657] #12] 423 00} 3,974] 3,832] 3,853] 3,858] +3.0
Farm and garden machinery .. . 3314] 3,236] 3,261] #24] 08] = 1.4] 3125] 3,015] 3,003] 2,820] +108
Construction, mining and
material handling equipment . . 7,964 7,940 7,901 +03 +0.5 +0.4 1,932 7,864 7,840 1,529 45.4
Metalworking machinery . 7,273 7,187 7,259 412 -1.0 0.7 7,295 7,246 7,550 7272 +03
Computer and office equipment 1745} 11915] 12.083] 14] 14] 0.1] 11898] 11,675] 12,742] 12,416] 42
Electronic and other
electrical equipment 40,021 39,964] 40,176 +0.1 0.5 031 40,245] 39,921 40,946] 39,607 +16
Electrical transmission and
distribution equipment and
industrial apparatus . . 5,252] 5,246] 5,255] 40.1 02] 06] 5305} 5,238] 5,317] 5,159] 42.8
Household appliances . . . 2,703 2,748 2,784 16 3 27 2,611 2,599 2,716 2,745 49
Electric lighting and
wiring equipment . 3,401 3392| 3,382] +03] 403) +02] 3415] 3,339] 3,448) 3,257] +4.9
Household audio and
video equipment ....... 1,587] 1,546] 582] 42.7] 23] 42 1,555 1,586 1,710 1595] 25
Communications equipment 10,840! 10,839} 10,915 oo} 07] 0.7] 10.950] 10897] 11,147] 10,370} +56
Electronic components . . 12,938 12,847 12,811 +0.7 +03 +18 13,132 12,901 13,039 13,028 40.8
Transportation equipment . . 67,751| 67,561] 67,486] +03) +01] +09] 68,241) 67,864] 68,371] 63,028) +83
Motor vehicles and parts . 16,707 17,101 16,713 23 42.3 “14 16,780 17,230 16,990 16,896 07
Aircraft, missiles,
space vehicles, and parts. . 46,235] 45,753] 46,038 +11 -0.6 +19] 46,673] 45,939] 46,604} 41,340
Shipbuilding and tanks ..... 1,626 1,625 1,587 +0.1 42.4 0.0 1,585 1,600 1,573 1,675
Instruments and related products . 24952] 24,898] 25,019] 0.2] 0.5] +0.1] 25,064) 25,018] 25,510] 24,882
Search and navigation equipment. 6.017} 6,148] 6306) 2.1 25] 02] 5,985] 6,183] 6,463] 6,187
Measuring and controlling devices . 7,802] 7,793) 7,829) +0.1 05] -08| 7802} 7,786] 7,960) 7,694
Medical instruments and suppl ies 8023] 7970] 7.930) +07] +05) +10]  815t 7,938| 8,051 7,109
Photographic goods... . 2335| 2321] 2.294) 40.6] +12] +04] 2,449) 2,452] 2,373] 2,670
All other durable goods... 26994] 26,832] 26715] +06) +04] +13] 27,052) 26807] 26,723] 25,802
Nondurable goods industries . 168,556 | 167,390] 166,569 40.7 +05 40.5] 169,512] 167,504] 167,095] 163,133
With unfilled orders 39,691 39,616] 39,404 +0.2 40.5 40.5} 39,505] 39,652] 40,174] 38,828
Food and kindred product 35,541], 35,308] 35,229] 40.7] +02) +04) 37,679] 36,074] 35,030] 36,670
Meat products 3,826 |" 3,824] 3,881] +01 -15] +03] 3,845] 3,810} 3,810 3,784
Dairy products . 3167] 3164] 3,141] 0.1] 40.7] 404] = 3,224] 9 3,194] 3,230] 3,306
Beverages .... : 7131 7048] 6866] +12) +427) +19] 7395] 7,209] 6,733] 6,849
All other foods, except ‘fats and oils 19,426 19,372 19,521 +03 08 0.2] 21,136] 20,318 19,694] 20,748
Tobacco products. 6140] 6,066] 6140] 412) 12] 9-13] 6257] 5,912] 5,834] 6,187
Textile mill products... . . 10,296] 10,309} 10294] 01] +01] 405} 10091} 10110] 10386] 9.786) +31
Broadwoven fabrics and
other textiles .. 6,410 6,412 6,404 0.0 40.1 +0.7 6,295 6,265 6,447 6,157 42.2
Paper and allied produ 16,052] 16,098] 15,941 03] +10] +05] 15,874] 15,985] 15,899] 16,123] -1.5
Pulp, paper, and
paperboard mill products... .. . 6560] 6592] 6560] -05] +05} +02] 6488] 6,560] 6,552} 6,726] -3.5
Paperboard containers and boxes . 3,902] 3,854] 3,832] $1.2] +06 00} 3,824) 3.847] 3,820] 3,834] 0.3
Miscellaneous converted
paper products . 3,590 5,652] 5,549) ta] +19] 413] 5,562] 5,578] 5,527] 5,563 0.0
Chemicals and allied products 43,820] 43,206] 42,633} +14] = +1.3} 40.2] 43,401] 42,905] 42,588] 40,408] +74
Industrial chemicals... . . 19,802] 19,815} 19,807] -0.1 00] +10] 19.604] 19,814] 19,744) 19,019[ 43.1
Drugs, soaps, and toiletries . 18,644] 18,042} 17,539 433 42.9 0.9] 18,644] 18,021] 17,863] 16,520] +12.9
Petroleum and coal products . 12,457 12.450] 12,431] 40.1] +0.2) 942.1] 12,535] 12,583] 12,594) 12,347] +L.
Rubber and plastics products 16,346 16,318 16,361 +0,2 03 +04 15,984 15,979 16,159 15,226 +5.0
All other nondurable goods: 27,904] 27,635} 27,540 +10 +03 +0.7| 27,691 27,956] 28,605] 26,386 +49

? 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

380 380
New Orders
360 F------- er rr rr rr rr tr rr rr rr rrr rrr Shipments |_4 360
340
320
300 f= - > - 7-55 2s ---------- +--+ 2-22 ee - ---- - e - e - 300
280 L L L L i 1 1 L L L L L 1 280
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1995 - Oct. 1997
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

US Ratios UO/S Ratios
2.5 3.9
24 b--- > or rrr tee vos [73.8
2.3F---- > cr rr rr rr rr rr rrr rr rr rte us {43.7
Ce == 3.6
21 -- 7-7 or rr ttt rr tr rrr rr tt tt rd 3.5

2 3.4
1.9 3.3
1.8 3.2
1.7 3.1
1.6 3
1.5 2.9
1.4 2.8
1.3 2.7
1.2 L 1 1 iL 1 1 L L L L L i 1 2.6

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1995 - Oct. 1997

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
Oct, Sept. Aug. | Sept- | Aug~ | July- Oct. Sept. Aug. Oct.
1997" | 1997" 1997 | Oct. | Sept. | Aug. | 19977 | 1997" 1997 1996 | 9796
UNFILLED ORDERS
All manufacturing industries 529,986 | 527,931 | 527,033 | +04] +02 | +09 | 526,509 | 522,706 | 527,147 | 510,448 43.1
Market categories :
Automotive equipment . . 2464} 2,428 | 2,432} +15] -02] +06] 2426} 2421 | 2,494] 2,206] +100
Home goods and apparel 9,455 9,293 8,886 +7 +4.6 10 9,340 9,572 9,486 OL 42.5
Consumer staples . .. . 2,326 | 2,318 | 2,368 | +03} -21 37] 2298 | 2,460 | 2673 1992 | +154
Machinery and equipment . 237,070 | 234,197 | 233,907 +12 40.1 +0.6 | 236,916 | 233,157 | 233,761 | 230,817 42.6
Business supplies 7038 | 6905 | 7,017] +19] -16]  -13 907 | 6,957 | 7,297 | 6,474 +67
Construction materials
and supplies. 17,421 | 17,230 | 17,219 | +11] 40.1 | 403 | 17,185 | 17,282 | 17,347 | 15,840 | 485
Defense products 100,247 | 101,575 | 102,311 “13 | -07 |  -0.7 | 97,743 | 99,381 | 100,622 | 100,093 23
Other materials, supplies an
and intermediate products... . .. 153,965 | 153,985 | 152,893 00) +07 | +3.0 | 153,694 | 151,476 | 153,467 | 143,915 +68
Durable goods industries :
Nondefense capital goods * ...... 254,706 | 252,771 | 252,628 | +08] +01 | +04 | 254,596 | 251,751 | 252,016 | 250,653 +16
Excluding aircraft and parts. 100,641 | 100,556 | 99,263 | +01 | +13 100,531 | 99,536 | 98,651 | 96,469 +42
Defense capital goods * 104,684 | 106,134 | 106,848 14] -0.7 102,178 | 103,976 | 105,135 | 104,932 2.6
Durables excluding capital goods 144,109 | 142,836 | 141,551 +09 +09 144,067 | 140,734 | 143,179 | 130,857 +10.1
Miscellaneous series :
Producers’ durable equipment .... | 276,376 | 272,091 | 271,578 +16] 40.2 +0.5 | 276,370 | 271,354 | 272,198 | 265,858 +4.0
Household durable goods ....... 6,467 6,455 6,212 40.2 43.9 23 6,574 6,699 6,605 5,926 | +109
Information technology industries 38,311 | 38,722 | 38,822 oll 03 12 | 38,462 | 38,641 | 38,956 | 37,006 43.9
Health care equipment
and products ......... 8038 | 7,977 | 7,985 | +08} -o1] +19] 8216 | 7,859] 8010] 7,877 +43
TOTAL INVENTORIES
All manufacturing industries 451,143 | 449,152 | 448,447 | +04] 40.2 | +04 | 452,199 | 448,616 | 452,128 | 434,837 +4.0
Market categorie
Automotive equipment ..... 8,294 | 8,496 | 8,231 24] 432] -16] 8295] 8534] 8376] 8312 -0.2
Home goods and apparel 32,917 | 32,763 | 32,808 40.5 0.1 +0.2 | 32,273 | 32,630 | 33,504 | 30,914 +44
Consumer staples . . . 70,427 | 69,507 | 68976 | +13] +08 0.0 | 72,468 | 70,262 | 69,116 | 68,960 45.1
Machinery and equipment . . 114,044 | 113,192 | 113,816 | +08} -05 | +05 | 114.454 | 112,730 | 115,497 | 107,242 46.7
Business supplies 27,078 | 26,993 | 26,751 | +03] +09} +16] 27,180 | 27,142 | 27,162 | 26,174 +38
Construction materi
and supplies 27,652 | 27,636 | 27,575 | +01 { +02] +04] 27310 | 27,388 | 27,532 | 26,250 +4.0
Defense products . 15,948 | 16,029 | 15,800 05] +14] +03 | 16114 | 16.287 | 16063 | 16,538 26
Other materials, supplies and
and intermediate products . 154,783 | 154,536 | 154,490 | +02 0.0 | +05 | 154,105 | 153,634 | 154,878 | 150,447 424
Durable goods industries :
Nondefense capital goods * 108,031 | 107,231 | 108,103 | +0.7] -08 | +0.7 | 108,581 | 106,839 | 109,883 | 101,412 471
Excluding aircraft and parts. . 72,092 | 71,769 | 72,127 40.5 0.5 +0.1 | 72,427 | 71,486 | 73,555 | 70,795 423
Defense capital goods * .. . 16212 | 16,298 | 16,111 05} +12] +04] 16421 | 16613 | 16,443 | 16,962 32
Durables excluding capital goods 158,344 | 158,233 | 157,664 40.1 +04 +0.2 | 157,685 | 157,660 | 158,707 | 153,330 428
Miscellaneous series :
Producers’ durable equipment 182,974 | 182,349 | 183,108 +03 -0.4 | +0.1 | 183,096 | 181,708 | 185,541 } 174,684 44.8
Household durable goods ...... 16,379 16,309 16,377 40.4 04 03 16,192 16,197 16,696 15,585 439
Information technology industries. 34,765 | 34,943 | 35,289 0.5 -1.0 0.2 | 35,101 34,867 | 36,419 | 35,051 +0.1
Health care equipment
and products ......... 0.2.0, 18,129 | 17,755 | 17,448 | 421] 418 oo | 18,255 | 17,711 | 17,741 | 16,672 +9.5

See 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
Oct] Sept.| Aug. | Sept-} Aug-| July-| Oct. | Sept.| Aug.} Oct. | Oct.
1997"| 1997} 1997] Oct} Sept.] Aug} 1997] 1997°} 1997] 1996] 97196] 1997°| 1996
SHIPMENTS
All manufacturing industries... . 335,188) 335,366] 330,178] -0.1] | +1.6] — -0.8| 344,791] 357,830] 331,637] 325,541] +5.913,282,868 [3,102,596
Market categories
Automotive equipment 15,096] 14,736} 14,733] 42.4) 0.0) -1.4) 16,575] 15,419] 14,637] 15,342] 48.0] 145,379] 140,219
Home goods and apparel 19,250] 19,527] 18,859] -1.4] 43.5] -1.3] 21,761] 22,366] 20,019] 20,969] +38] 191,425] 182,723
Consumer staples . . . : 69,876} 69,147] 69,544] +1.1!  -0.6  +0.3) 72,520] 73,102] 71,183] 71,570] +13] 688,688] 663,252
Machinery and equipment . 60,793] 61,775] 60,118) -1.6] +28] -2.6) $9,940] 67,527] 57,137] 54,541] +9.9| 586,155] 536,096
Business supplies . a 26,059| 26,033) 25,636] +0.1} +1.5]  -0.2) 26,794] 27,126| 25,960] 25,367] +5.6| 254,829] 243,748
Construction materi
and supplies. 20,899] 21,159} 20,814) -1.2] 41.7) -2.7] 22,233] 22,791] 22,018] 21,482] 43.5] 210,110] 197,278
Defense products . : 6,786] 6,550} 6,488] +36] +1.0/  -3.7] 6,679] 6,974] 6.301] 5,886 +135] 65,684] 62,391
Other materials, supplies and
and intermediate products ...... 116,429] 116,439] 113,986] 0.0] +2.2) 0.0] 118,289] 122,525] 114,382] 110,384] — +7.2| 1,140,598 1,076,889
Durable goods industries :
Nondefense capital goods? . . 47,373] 48,482) 46,897] 2.3] +3.4)  -2.4) 44,983] 54,362] 43,873] 40,282] +11.7] 453,259] 409,200
Excluding aircraft and parts . 40,860] 41,251] 39,982} -0.9}  +3.2}  -1.2} 39,166} 46,627] 37,470] 35,142] +11.5| 387,289] 358,472
Defense capital goods‘ ...... 6,381] 6,163} 6,116] +35] +08) -3. 6,281] 6,564] 5,882 5,587] +12.4] 61,751] 58,706
Durables excluding capital goods. | 130,438} 130,851] 128,118] 0.3] 42.1) -1.0} 137,235] 139,352] 128,769] 127,804] +7.4/ 1,277,769]1,195,297
Miscellaneous serie:
Producers’ durable equipment . 118,787] 119,360] 116,501] -0.5}  +2.5]  -1.4) 121,095] 129,174] 113,444] 110,690] +9.4] 1,147,130 |1,066,784
Household durable goods 9,878} 10,093} 9,496] 2.1] +63) -1.7} 10,972] 11,726] 9,637] 10,339] +6.1] * 96,616] * 90,108
Information technology industries 22,716] 23,002{ 22,764) -1.2)  +1.0f 0.0) 21,118) 27,211) 21,083) 18,900} +11.7] 213,792] 194,045
Health care equipment
and products 11,286] 11,292] 10,914) 0.1] +3.5]  -1.9] 11,350] 12,372] 10,689] 11,001] + +3.2| 109,614] 102,963
NEW ORDERS
All manufacturing industries... . 337,243) 336,264] 335,040] +0.3]  +0.4}  +1.2| 348,594] 353,389] 335,065] 333,193] +4.6]3,297,158|3,136,010
Market categories :
Automotive equipment . . 15,132) 14,733] 14,746] 42.7] -0.1) 1.3] 16,580] 15,346) 14,711] 15,271] +86] 145,602} 140,189
Home goods and apparel 19,412{ 19,934] 18,768] 2.6] +6.2) -4.1] 21,529] 22,452] 19,663) 20,834] -+3.3) 193,260] 184,333
Consumer staples... . 69,884] 69,097] 69,455] +1.1]  -0.5] 0.0) 72,357] 72,889] 71,106] 71.377] +1.4] 688,825] 663,364
Machinery and equipment 63,667] 62,064] 61,456] +26] +1 -0.2{ 63,699} 66,923] 58,264) 58,212] +9.4] 594,500] 558,582
Business supplies .... . . 26,192] 25,921] 25,541] +1.0] +15] -0.8} 26,745] 26,786) 25,886] 25,143] +64) 255,128] 243,882
Construction materials
and supplies fees 21,089] 21,171] 20,873] -0.4) +14) -3.2 22,137) 22,726] 21,970] 21,159] +4.6] 211,168] 197,674
Defense products... . 5,458} 5,814) 5,805] -6.1] +02} 9.6 5,040] 5,733] 4,604] 5,320 56,320} 62,794
Other materials, supplies an
and intermediate products . . 116,409] 117,530] 118,396} -1.0] -0.7]_ +5.9} 120,507] 120,534] 118,861] 115,877] +4.0] 1,152,355 1,085,192
Durable goods industries :
Nondefense capital goods? . . 49,308| 48,625] 47,987 +13] +12] 47,828] 54,097) 44,750] 45,562} +5.0] 458,332] 433,500
Excluding aircraft and parts 40,945} 42,544] 40,110) +61) -4.81 40,165] 47,512] . 37,385] 37,027] +8.5| 394,045] 361,292
Defense capital goods‘ ....... 4.931 5,449] 5307] +27 -112| 4,483} 5,405] 4,064] 4'862] —-7.8] 52,251] 59.336
Durables excluding capital goods . | 131,711] 132,136] 132,901 0.6 +3.6 140,568] 136,907] 133,855] 131,531] — +6.9] 1,295,463 |1,202,796
Miscellaneous series
Producers’ durable equipment 123,072) 119,873] 117,747 +18) -0.7] 126,111] 128,330] 114,751] 113,005] +11.6] 1,160,490 }1,088,313,
Household durable goods . 9,890] 10,336] 9,348} +106 -7.5] 10,847] 11,820} 9,364] 10,496) 43.3} 98,390] 91,074
Information technology indu: 22,305] 22,902] 22,279] +2.8) 7.8] 20,939] 26,896] 20,572| 20.955] -0.1] 217,164] 194,543
Health care equipment
and products. .......... 20... 11,347] 11,284] 11,062] +20) -0.2] 11,708) 12,221] 10,921] 11,033] +6.1] 110,374] 103,497

® 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.

 Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and material
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment, refrigeration, heating and service
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engines

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, tanks
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 Al
UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP
(Based on seasonally adjusted data)

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Oct. Sept. Aug. July Oct. Sept. Aug. July
1997" 1997" 1997 1997 197° 1087 1987 197
All manufacturing industries . 133 134 136 134 281 2.78 2.85 2.80
Durable goods industries . 1.53 1.52 1.56 153 3.34 3.30 3.38 3.32
Stone, clay, and glass prod: 1B 13 his Vit 0.89 0.87 0.89 0.88
Primary metals -....... : 1.60 139 1.62 159 215 215 2:10 2.04
Fabricated metal products. a 149 148 1.50 1350 1.47 1:46 1:46 1.46
Industrial machinery and equipment. 172 171 177 172 223 224 230 2.23
Electronic and other
electrical equipment . 1.32 129 133 137 1.85 1.80 1.83 175
‘Transportation equipment .... <2... 156 156 158 152 11:25 10.91 1130 10.87
Instruments and related products... 181 1°80 191 188 3.48 3.49 3.74 3.70
Nondurable goods industries ........ 112 112 1.12 Lut 0.70 0.70 0.71 0.71
Food and kindred products». 2... ; 0.88 0.89 0.87 0.87 &) ) (X) (x)
Tobacco products. . : 1:82 1:80 191 1:96 () &) (X) &)
Textile mill products . 149 149 1st 147 (NA) (NA) (NA) (NA)
Paper and allied products . : : | Ld 116 ris 119 (NA) (NA) (NA) (NA)
Chemicals and allied products 133 131 131 130 tea) & & &)
Petroleum and coal products... |. . 0:80 0:80 0.79 0.80 & (x) (&) &
Rubber and plastics products .. . 1.28 1.29 133 130 (xX) &) (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; chemicals:
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
Oct. Oct. Oct. Oct.
Oct? | 1996+ Oct? | 1996- Oct? | 1996- Oct? | 1996-
Oct.! 1992. Sept. Oct." 1992- Sept. Oct.! 1992- Sept Oct." 1992- Sept.
1997 1996 1997 1997 1996 1997 1997 1996 1997 1997 1996 1997
All manufacturing industries... . . ea) 0. 02 oa) ol 02 ies) 0.0 Ol (x) 01 ot
Durable goods industries... 1.2... 0.0 0.2 0.2 0.2 01 03 0.1 0.1 0.1 (xX) 0.0 O41
Stone, clay, and glass products. ; ®) 06 04 (oa) 13 10] x) 1.0 08 &) 01 02
Primary metals... 2... oo 0.1 03 0.2 -0.2 07 07 “0.1 0.2 03 (x) 0.1 0.0
Fabricated metal products. .......) (x) 02 03] 04 oT] 03 04 (X) oul On
Industrial machinery and equipment 0.2 03 05 02 07 08 Ol 02 02 & On On

Electronic and other

electrical equipment... 02 04 os} -01 09 12 0. 03 0s & 4 on
Transportation equipment ........ Ol 03 03 03 07 1.0 0.0 Ol 02 (X) 01 Ol
Instruments and related products . (x) 03 05 (x) 12 13 e9) 02 03 (Xx) 02 02
Nondurable goods industries ) On 0.1 fea) ol 0. (x) 02 03 () O41 0.1
Food and kindred products (x) 03 0.5 (X) (x) (xX) (xX) (Xx) (X) (X) 0.1 0.2
Tobacco products . &) 02 or (Xx) « (xX) ro (X) (X) (x) 0.0 0.0
Textile mill products. & 02 03 QO] ona) | wa) (| NA) | (vA) & 02 02
Paper and allied products. . : &) 01 04 (x) | vay | (NA) (x) | NA) | (NA (x) 0.1 0.1
Chemicals and allied products |<!" !'} (x) 02 02 & | (x) & | O& (x) &) Ol Ol
Petroleum and coal products (X) 02 02 (&) (&) (X) & () &) (X) 02 05
Rubber and plastics products |). !] (yy ot 03 ®| &] & | & &) &) 02 Od

Capital goods industries :
Nondefense ........ 03 0.5 04 05 04 06 0.0 01 01 (x) 0.2 Ol
Defense 0.0 0.6 0.7 0.2 40 32 0.0 0.2 0.2 (xX) 03 0.2

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


CURRENT INDUSTRIAL REPORTS

oye

ard

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

Manufacturers’ Shipments,
Inventories, and Orders

October 1997
M3-1-(97)-10
For Wire Transmissions 10:00 a.m. E.S.T. December 5, 1997

For Data - (301) 457-4673
For Questions - Kathy Menth or Gloria Cable
(301) 457-4804 or (301) 457-4832

Note: All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in October increased $1.0 billion or
0.3 percent to $337.2 billion, the Department of Commerce, Bureau of the
Census reported today. This follows a 0.4 percent September increase and
is the fifth consecutive monthly increase. Excluding transportation. new
orders decreased 0.6 percent, the first decrease since May. Year to date,
new orders are 5.1 percent above the same period a year ago.

Shipments decreased $0.2 billion or 0.1 percent to $335.2 billion,
following a 1.6 percent September increase. This is the second decrease in
the last three months and the fourth this year. Year to date, shipments are
5.8 percent above the same period a year ago.

Unfilled orders, up five of the last six months, increased $2.1 billion
or 0.4 percent to $530.0 billion, following a 0.2 percent September increase.
The unfilled orders-to-shipments ratio was 2.81, up from 2.78 in September.

Inventories, up fifteen of the last sixteen months, increased $2.0
billion or 0.4 percent to $451.1 billion, following a 0.2 percent September
increase. ‘The inventorics-to-shipments ratio was 1.35, up from 1.34 in
September.

New Orders

New orders for manufactured durable goods in October decreased
$0.3 billion or 0.1 percent to $186.0 billion, revised from the previously
published 0.3 percent decrease. ‘This follows a slight September increase and
is the first decline since May

Primary metals had the largest decrease, $1.2 billion or 69 percent
to $15.6 billion, following a 5.0 percent September increase. This is the
second decrease in the last three months and the third this year. Electronic
and other electrical equipment, down four of the last five months, decreased
$1.1 billion or 3.4 percent to $30.4 billion, led by a decrease in
communication equipment. This follows a 7.8 percent September decrease.
Industrial machinery and equipment, down two of the last three months,
decreased $0.6 billion or 1.7 percent to $348 billion. This follows a 1.9
percent September increase. Fabricated metal products, down three of the
last four months, declined $0.2 billion or 0.9 percent to $19.6 billion,
following a 3.3 percent September increase. Transportation equipment, up
two of the last three months, increased $2.6 billion or 6.2 percent to $44.9
billion, due to increases in aircraft and parts and motor vehicles and parts.
This follows a 1.7 percent September decrease. Instruments and related
products, up four of the last five months, increased $0.6 billion or 4.4
percent to $13.5 billion. This follows a 2.3 percent September increase.

New orders for nondurable goods, up four of the last five months,
increased $1.2 billion or 0.8 percent 10 $151.3 billion, following a 0.8
percent September increase. Food and kindred products and paper and allied
products had the largest increases.

Shipments

Shipments of durable goods in October, down two of the last three
months, decreased $1.3 billion or 0.7 percent to $184.2 billion, unrevised
from the previously published 0.7 percent decrease. ‘This follows a 2.4
percent September increase and is the third decline this year.

Electronic and other electrical equipment, down for the first month
since July, had the largest decrease, $0.7 billion or 2.4 percent to $30.3
billion. This follows a 2.6 percent September increase. Industrial machinery

Our internet site address

and equipment, down two of the last three months, decreased $0.1 billion or
0.2 percent to $35.1 billion. This follows a 3.2 percent September increase.
Fabricated metal products, down for the first month since May, declined 0.2
percent to $19.4 billion. " This follows a 1.8 percent September increase.
Instruments and related products, down two of the last three months,
declined 0.3 percent to $13.8 billion, following a 5.5 percent September
increase. Transportation equipment increased 0.1 percent to $43.3 billion,
as increases in motor vehicles and parts and shipbuilding and tanks more
than offset decreases in aircraft and parts and railroad equipment. This
follows a 1.2 percent September increase and is the fourth increase in the
last five months.

Shipments of nondurable goods, up three of the last four months,
increased $1.1 billion or 0.8 percent to $151.0 billion. This follows a 0.6
percent September increase, Food and kindred products had the largest
increase, $0.6 billion or 1.5 percent to $40.3 billion. This follows a 13
percent September decrease and is the third increase in the last four months

Unfilled Orders

Unfilled orders for durable goods in October increased $1.8 billion or
0.4 percent to $503.5 billion, revised from the previously published 03
percent increase. This follows a 0.1 percent September increase and is the
fifth increase in the last six months.

Transportation equipment had the largest increase, $1.6 billion or 0.7
percent to $250.6 billion, with all industries increasing except shipbuilding
and tanks. ‘This follows a 0.4 percent September decrease and is the second
increase in the last three months. Fabricated metal products, up for the
twenty-second consecutive month, increased $0.2 billion or 0.8 percent to
$26.9 billion. This follows a 1.4 percent September increase. Electronic and
other electrical equipment, up five of the last six months, increased $0.1
billion or 0.2 percent to $55.9 billion, This follows a 0.8 percent September
increase. Industrial machinery and equipment, down for the first month
since June, decreased $03 billion or 0.4 percent to $73.5 billion, following
a 0.3 percent September increase. Instruments and related products declined
for the third consecutive month, $0.2 billion or 0.4 percent to $47.9 billion.
This follows a 1.7 percent September decline.

Taventories

Inventories of durable goods in October, up fourteen of the last sixteen
months, increased $0.8 billion or 0.3 percent to $282.6 billion. This follows
a slight September decrease. Industrial machinery and equipment, up six of
the last seven months, had the largest increase, $0.3 billion or 0.6 percent to
$60.4 billion. This follows a 0.3 percent September decline. Transportation
equipment, up for the twenty-second consecutive month, increased $0.2
billion or 0.3 percent to $67.8 billion. This follows a 0.1 percent September
increase. Fabricated metal products, up for the thirteenth consecutive month,
increased $0.1 billion or 0.4 percent to $29.0 billion, following a 0.8 percent
September increase.

Inventories of nondurable goods, up fourteen of the last fifteen months,
increased $1.2 billion or 0.7 percent to $168.6 billion, following a 0.5
percent September increase. Chemicals and allied products had the largest
increase, $0.6 billion or 1.4 percent to $43.8 billion. This is the fifteenth
consecutive monthly increase.

By stage of fabrication, October finished goods increased 0.9 percent in
durables and 0.7 percent in nondurables. Work in process decreased 0.1
percent in durables and increased 1.4 percent in nondurables. Materials and
supplies increased 0.2 percent in durables and 0.3 percent in nondurables

http://www.census.gov/ftp/pub/indicator/www/m3/index.htm

‘The advance report on durable goods for November is scheduled for December 23, 1997 at 10:00 a.m. and the full report on January 6, 1998 at 10:00a.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 the Department of Commerce's online Economic Bulletin
Board (N-8-1) (202-482-3870).


Nondefense Capital Goods 11

New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders
52F----------------+--------------------- ——_ 1452

Shipments

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1995 - Oct. 1997

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
10

: New Orders
Q9F---------------------- 2-2 LL Le —es |

Shipments

4
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1995 - Oct. 1997

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATION,
BY INDUSTRY GROUP

(Millions of dollars)

‘Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Oct Sept. | Aug. | Sept- | Aug- | July- Oct. | Sept. Aug. Oct, | Oct.
1997 | 1997" 1997 | Oct. | Sept. | Aug. | 19977 | 1997" 1997 1996 | 97/96
MATERIALS AND SUPPLIES
All manufacturing industries... . 149,067 | 148,666 | 147,304 +09 0.0 | 149,706 | 148,698 | 147,792 | 145,789
Durable goods industries... . 87,381 | 87,175 | 86,360 +09 | -0.1 | 88,042 | 87,713 | 87,291 | 84,848
Stone, clay, and glass products 2,932 2,918 2,873 +16 “AB 938 2,926 2,907 2,884
Primary metals... g121 | 8041 | 8035 401 | <0 | 8252 | 8095 | 8118 | 7871
Fabricated metal products . . 10,513 10,604 10,468 +13 0.0 10,413 10,564 10,446 10,209
Industrial machinery and equipment 440 | 18378 | 18,124 +14 | -0.7 | 181556 | 18569 | 18,622 | 18,105
Electronic and other
electrical equipment . . . 13,614 | 13,675 | 13,629 +03 4 | 13,794) 13,814 | 13,827 | 13,739
Transportation equipment - 14989 | 14883 | 14,713 +12 14973 | 14/868 | 14.770 | 13/959
Instruments and related products . 8347 | 8477 | 83395 +10 937 5 81489 | 7,881
Lumber, furniture and
miscellaneous durable goods . 10,225 10,199 10,123 +08 10,579 10,372 10,112, 10,200
Nondurable goods industries 61,686 | 61,491 | 60,944 +09 61,664 | 60,985 | 60,501 | 60.941 | +12
Fe kindred products 11,323 11,271 11,201 +0.6 11,703 10,924 10,784 11,879 “LS
‘Tobacco procs 292 | 5/217 186 +06 1179 | 5,054 | 5.017 "366 | +64
Textile mill products’ | 3116 | 3.170 | 3,172 0.1 3012 | 3,088 | 3,153 | 2940 | 424
Paper and allied produc 7746 | 7740 | 7,683 40.7 Tm | 7738 | 71652 | 7972 25
Chemicals and allied produ 143529 | 14;581 | 14;360 +15 14478 | 14623} 14313 | 13,805 | +49
Petroleum and coal products 3,693, 603 582 406 3.116 | 3,589 | 3,62 737 0.6
Rubber and plastics products: 6,305 6,273 6,212 +10 6,230 6,237 6,149 6,095 42.2
Apparel, printing and publish
and leather goods . 9,682 9,636 9,548 +09 9,575 9,732 9,804 9,647 0.7
WORK IN PROCESS
All manufacturing industries 142,680 142,353 142,775 +0.2 03 +08 144,187 143,457 144,887 138,006 +45
Durable goods industries wee 113,917 113,995 114,626 0.1 0.6 +0.6 114,472 114,551 116,505 110,485 +36
Stone, clay, and glass Products 1,312 1,281 1,271 +24 +0.8 +85 1,227 1,241 1,269 1,169 +5.0
Primary metals 8,715 8,759 8,829 0.5 0.8 0.1 8,621 8,766 8,876 8,682 0.7
Fabricated metal . 8,066 8,112 8,086 0.6 +03 0.2 8,086 8,212 8,238 7611 +62
industrial machinery and eq 22/387 | 22:723 | 22814 | +06] -04 | +03 | 23,001 | 22,776 | 23,236 | 22430] +25
Electronic and other
electrical equipment . 14,969 | 15,057 | 15,066 | -06] -01 | +08] 15,033 | 15,075 | 15,299 | 15,195 “Ld
Transportation equipment . 43,162 | 43,030 | 43395 | +03] 08 | +14 | 43,592 | 43329 | 44,084 994 | +910
Instruments and related prod 9,661 839 | 10080] -18} 20} -14 | 9,718 "883 | 10,304 | 10,261 53
Lumber, furniture and
miscellaneous durable goods... .. 3175 | 5,194] 5,125 | 04] +13] 03} 5,194] 5,269 | 5,199 | 5,143 | +10
Nondurable goods industries 28,763 | 28,358 | 28,149 | +14] +07] +15 | 29,715 | 28,906 | 28,382 | 27,521 +8.0
Food and kindred products 5285 | “5242 | “sia ] +08] -01 | 436} “6085 | “Sago | “4.942 3679 | 47.1
Tobacco products ..... . 115 138 179 16.7 22.9 -17.1 1S7 154 163 323 514
Textile mill products a 2,622 2,575 2,555 +18 +08 0.0 2,627 2,594 2,580 2,538 43.5,
Paper and allied products . 1,780, 1,782 1,735, -0.1 42.7 42.9 1,720 1,771 1,757 1,622 +6.0
Chemicals and allied products 14 7,681 7,518 +5.6 42.2 +05 8,094 7118 7,651 6,692 +21.0
Petroleum and coal products 2702 | 2683 | 2630 | +07] +20] +16] 2738 | 2718 | 2689 | 2.763 -0.9
Rubber and plastics products | - 2184 | 2303 | 2267 | 52] +16] +14 "210 | 27292 | 22248 | 2098 | +53
Apparel, printing and publishing
and leather goods ......... + soot} 5,954] 6017] +01] -10 | +18] 6084] 6170] 6352 | 5,806 | +48
FINISHED GOODS
All manufacturing industries... .. 159,396 | 158,133 | 158,368 | +08] -o.1 | +05 | 158,306 | 156,461 | 159,449 | 151,042 | +48
Durable goods industries ......... | 81,289 | 80,592 | 80,892] +09] -o4] +06 | 80,173 | 78848 | 81,237 | 76371 | +50
Stone, clay, and glass products oy 4,434 4,545 563, 24 04 -12 4,195 4,39) 498 4,145 +12
Primary metals... ; 060 | soil | 8031 | +06] -02]| +14] 71820] 7865] 7977 | 7615 | +27
Fabricated metal products 27/27: | 10,395 | 10,152 | 10,085 | +24] +07 | +10 | 10,057 | 9841 | 9984 | 91130 | +10.2
Industrial machinery and equipment 19,124 18,983 19,303 +0.7 7 +0.6 18,919 18,249 19,312 18,534 42.1
Electronic and other
electrical equipment .... . 11,438 14,232 11,481 +18 2.2 0.3 11,418 11,032 11,820 10,673 +7.0
‘Transportation equipment . 7600 | 9oas | 9378} -05| +29] 03 | 9676 | 9667 | 91517 075 | +6.6
Instruments and related products . 6,644 6,582 6,584 +0.9 0.0 +10 6,809 6,630 6,717 6,740 +10
Lumber, furniture and
miscellaneous durable goods 11,594 11,439 11,467 +14 -02 +18 11,279 11,166 11,412 10,459 +78
Nondurable goods industries . 78,107 77,541 77,476 +0.7 +0.1 +04 78,133 77,613 78,212 74,671 +4.6
Food and kindred products 18,933, 18,795 18,780 +07 +0.1 0.2 19,891 19,661 19,304 19,112 +41
Tobacco products... . 733 71 775 +31 83 13 921 704 654 998 17
Textile mill producis’ | 4558 | 4,564 | 4567) 0.1] -01] +06] 4452] 4428] 4,653 | 4308 | #33
Paper and allied products | 6526 | 63576] 6523 | -o8| +08] +10] 6383 | 6476} 6490 | 6,529 22
Chemicals and allied products 277 | 20944 | 20,755 | +11] +09 | -01 | 20829 | 20,564 | 20624 | 19,911 | +46
Petroleum and coal products 6062 | “66s | “6219 ] -17] -09 | 428] “6081 | 6.276 | 6.27 5847 | +40
Rubber and plastics products 7,857 7,742 7,882 +15 1B +04 7,544 7,450 7,762 7,033 +73
Apparel, printing and publishing
and leather goods 12,261 12,045 11,975 +18 +0.6 40.9 12,032 12,054 12,449 10,933 +10.1

* Preliminary. ' Revised.

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


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
Oct. Sept. ‘Aug.| Sept-]  Aug- | July- Oct. Sept. Aug. Oct. Oct.
19977} 1997" 1997]  Oct.| Sept} Aug. 1997 1097 1997 1996] 97/96
All manufacturing industries . 529,986| 527,931} $27,033] +04] +02] +09] 526,509] $22,706] 527,147] 510,448] 43.1
Manufacturing industries
without defense capital goods... 425,302} 421,797] 420,185 +408] +04] +14] 424,331] 418,730] 422,012] 405,516] — +4.6
Durable goods industries ........- 503,499 | 501,741} 501,027 40.4 40.1 +1.0] 500,841] 496,461 | 500,330] 486,442 43.0
Stone, clay, and glass products . . 6477 6,398 6,396 +12 0.0 3.0 6,259 6,437 6,510 6,382 “19
Primary metals ..... : 33,418| 33,422] 32,280 0.0 43.5 41.7] 32,109] 32,462] 31,922] 28,296] +13.5
Blast furnaces, steel! mills . . . 13:487| 13,197] 12,905) 422] 423] = 405] 12,840] 12,739] 12.931] 11,796] $8.9
Iron and steel foundries ..... $5,143, 5,153 5,021 0.2 42.6 +11 4,999 5,034 4,963 4,058] +23.2
Nonferrous and other primary
metals . : 14,788] 15,072] 14354] -19]  #5.0] 42.9] 14,270] 14,689] 14,028] 12,442] +14.7
Fabricated metal products - | 261897] 26672] 26.302} +08] +14] +04] 26,777] 26,850] 26,664] 23,990] #11.6
Industrial machinery and equipment. 73,546 | 73,839} 73,604 0.4 403 +0.9| 73,516| 72,805] 72,795] 72,826 40.9
Engines and turbines ........ 11,829 11,713 11,749 +10 03 +14 12,288 11,890 11,574 12,422 Ll
Construction, mining and
‘material handling equipment 9955} 9,659] 9,477] 43.1] 19] #20) 9,756] 9,286] 9.144] 8,533) +143
Metalworking machinery... .. 1,656 7,713 8,113 0.7 49 +23 7,656 1713 8113 8,849] — -13.5
Computer and office equipment . 8,176 8,592 8,598 AB -0.1 19 8,315 8,501 8,728] 10,164] -18.2
Electronic and other
electrical equipment. 35,902] 55,785] 55,331] +02] +08) +76] 57,255] 54,257] 56,218} 54,158] +5.7
Electrical transmission
distribution equipment and
industrial apparatus . . : 6,143 6,478 6,537 5.2 09 10 6,090 6,402 6,553 6,336 39
Electric lighting and
wiring equipment ......... 4739| 4,619} 4,735] 43.7] 9-24] 42-4] 4,789] 4,619] 4,735] 4,341] +103
Communications equipment . 14877) 1si7| 14,683] -1.6] 3.0] = -08} 14,931] 15,128] 14,649] 14,413] $3.6
Electronic components . 23,997] 23,151] 23,141] +19 oo] +198] 24918) 21,720] 23,853] 23,938) +4.1
‘Transportation equipment 250,597] 248.971] 249.913] +07)  -04] 40.1] 248,308] 247,126 | 248,724] 248,068) +0.
Aircraft, missiles,
space vehicles, and parts. 218,310] 217,133] 218.819] — +0.5 40.4) 216,205] 215,287] 217,482] 217,090| — -0.4
Shipbuilding and tanks ...... 17,384] 17,851] 17,712] 2.6 20] 17,440] 17872] 17,723] 17,802) -2.0
Instruments and related products 47,877] 48,091} 48,906 0.4 08] 47,569] 47,704] 48,665] 44,819 46.1
Search and navigation equipment 28,295} 28,610] 29,070 old 1.1] 27,840] 28,287} 28,728] 26,716 44.2
Measuring and controlling devices 9,938 9,650 9,976 43.0 04 9,938 9,650 9,976 9,306 +6.8
Medical instruments and supplies : 7,994 7,932 7,942 40.8 +19 8,170 7,812 7,964 7,846 +41
All other durable goods... . - oe 8,785 8,563 8,295 42.6 42.4 9,048 8,820 8,832 7,903] +14.5
Nondurable goods industries . . . 26,487] 26,190] 26,006 +11 0.8] 25,668] 26,245] 26,817] 24,006 46.9

» 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

Oct.| Sept.] Aug. | Sept-| Aug-] July-| Oct.} Sept.] Aug.} Oct. | Oct,
1997" 1997"] 1997] Oct. | Sept.| Aug.] 19977] 1997°] 1997} 1996] 97/96] 19977] 1996

All manufacturing industries ... . . | 337,243] 336,264] 335,040] +03} +0.4) +1.2) 348,594] 353,389] 335,065] 333,193 +4.6 | 3,297,158 ]3,136,010

Manufacturing industries
with unfilled orde
without defense capital goods .

Durable goods industries
With unfilled orders :

Stone, clay, and glass products .

Primary metals. :
Blast furnaces, sté 7 mi Is. .
Iron and steel foundries... .
Nonferrous and other primary

190,611} 190,490) 189,699] +0.1] +0.4) +27} 195,500] 201,101) 187,105] 183,827] +6.3| 1,843,173 [1,739,508
332,312} 330,815] 329,733} +0.5) +0.3) +1.4) 344,111} 347,984) 331,001] 328,331 +4.8) 3,244,907 [3,076,674

185,950] 186,210] 186,195} -0.1 0. +2.5] 192,879] 196,409] 182,669} 181,955 +6.0] 1,806,046 |1,695,632
152,481] 152,870] 153,090] -0.3} = -0.1] +3.9) 156,657) 161,742] 149,387] 147,517] +6.2] 1,475,742 |1,380,518
7,764] 7,720) 7,389) +0.6] +4.5]  -2.3) 8,210) 8,275] 7,955} 7,498) +9.5| 76,698} 69,878
15,558} 16,709} 15,919) -6.9} +5. -2.1) 15,546] 16,536} 15,461) 14,288 +8.8] 158,713] 146,629
6,491 6,489} 6,224 0.0} +43) -4.4) 6,482] 6,144) 6,109) 5,928] +93) 64,118] 61,110
1,560) 1,643) 1,528) -5.1] +7.5) -8.3) 1,653) 1,664] 1,489] 1,337] +23.6) 15,730] 14,613

metals... 20.0.2... 7,507| 8,577] 8,167] -12.5] +5.0| +11] 7,411] 8,728} 7,863] 7,023] +5.5] 78,865] 70,906
Fabricated metal products. «| 19,632] 19,817] 19,186] -0.9] 43.3] -0.4) 20.475] 20,741] 19.590] 19,262] +63] 193,198] 182,236
Industrial machinery and equipment. | 34,769] 35,361] 34,704] -1.7] +19] -1.1] 34,668} 38,933] 32296] 31,728] +93] 337,138) 314,673
Engines and turbines .......... 2,125 1,874) 2,097} +13.4) -10.6) +12.1) 2,259) 2,520} 1,973) 2,071 49.1 17,818 17,899
Construction, mining and

material handling equipment
Metalworking machinery

4,247) 4,111] 4,050) +3.3] +15} 41.1] 4,413) 4,077) 3,740) 3,278) +34.6) 39,242} 34,794
3,481 3,267] 3,713) +66) -12.0] +84) 3,715) 3,733) 3,511 3,367) +103) 33,377] 30,568

Computer and office equipment . . 8,889] 9,469] 9,154) -6.1] $3.4) -2.2| 7,937] 11,990} 8,182] 7,966] -0.4] 86,867] 81,895
Electronic and other
electrical equipment ......... «| 30,389] 31,461] 34,123} -3.4) -7.8) +29.4) 33,374) 32,854] 33,891] 33,545] —-0.5] 298,338] 267,691

Electrical transmission and
distribution equipment and

industrial apparatus ........... 3,104) 3,452) 3,197] -10.1] +8.0] -2.3) 3,045] 3,820) 3,115] 3,232] 5.8] 32,941] 31,743
Electric lighting and
wiring equipment. ...........) 2,367] 2,114] 2,242! 412.0) -5.7)-3.7] 2,341] 2,334] 2,219] 2,057] +13.8] 21,454] 20,195

Communications equipment .
Electronic components. .
Transportation equipment . . .

Aircraft, missiles,
space vehicles, and parts.
Shipbuilding and tanks .

6,497} 7,170) 6,867) -9.4) +4.4) +8.6f 6,173) 8,041) 6,218) 6,807] -9.3 63,738] 54,011
12,720) 12,774) 16,235) -0.4) -21.3) +79.0} 15,300] 12,136) 16,460} 15,339) 0.3] 123,964} 108,296
44,937) 42,324) 43,038] +6.2) -1.7)  +3.1) 46,567] 43,599) 41,612) 43,457] +7.2] 414,860) 415,748

11,010} 8,804) 10,972) +25.1) -19.8) +23.5) 10,074] 9,028] 9,586) 11,330) -11.1 92,717] 106,796
451 990 500] -54.4] +98. 8.9) 403] 1,026 391 363] +11.0 6,736) 8,268

Instruments and related products ....] 13,545] 12,980| 12,693] +4.4] +2.3] -17.5} 13,298] 14,023] 12,187| 12,052} +103] 131,750] 118,516
Search and navigation equipment .| 2,646] 2,375 2,299] +114] +33] -48.8] 2,384] 2,665] 2,028] 2,210] +7.9] 26,704) 21,828
Measuring and controlling devices . 4,362) 3,783) 3,957) +153] -4.4)  -21 4,248) 4,128] 3,921] 3,668] +15.8] 38,952] 35,581
Medical instruments and supplies. A410] 4,389) 4,230] +05] +3.8) 43.2) 4,532] 4,635] 4,223) 3,822] +186] 41,912] 38,948

All other durable goods .......... 19,356] 19,838] 19,143] -2.4] +3. 4.2) 20,741] 21,448] 19,677} 20,125] +3.1] 195,351] 180,261

Nondurable goods industries .

151,293} 150,054} 148,845} +0.8} +0.8]  -0.4) 155,715] 156,980] 152,396} 151,238] $3.0] 1,491,112 1,440,378
With unfilled orders... . .

38,130] 37,620} 36,609} +14) +2.8) -2.2) 38,843) 39,359] 37,718) 36,310} +7.0| 367,431] 358,990

* 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(95),
“Manufacturers” Shipments, Inventories, and Orders: 1982-1995."


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

FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted’

Monthly Percent Change Monthly Percent] Year to date
Industry change
Oct. | Sept.] Aug. Aug-| July-} Oct] Sept.] Aug. | Oct. | Oct.
997 | 195% | 1997 Sept.] Aug.] 1997°| 1997] 1997] 1996] 97/96] 1997" | 1996
All manufacturing industries . 335,188] 335,366] 330,178] -0.1] +1.6] 0.8) 344,791] 357,830] 331,637| 325,541] —_ +5.9 3,282,868 [3,102,596
Manufacturing Industries
with unfilled orders ... | 188,556] 189,592] 184,837] -0.5] +2.6 —-0.9} 191,697] 205,542] 183,677] 176,175] +8.8] 1,828,883 |1,706,094
without defense capital goods... | 328,807] 329.203] 324,062) -0.1| | +1.6] _-0.8| 338,510] 351,266] 325,755} 319,954]  +5.8)3,221,117 [3,043,890
Durable goods industries . 184,192] 185,496] 181,131 +2.4) 1.3] 188,499] 200,278] 178,524] 173,673] +8.5] 1,792,779 1,663,203
With unfilled orders... ++. «| 150,723} 152,156] 148,026 +28) 1.0] 152,277] 165,611] 145,242] 139,235] +9.4] 1,462,475 |1,348,089
Stone, clay, and glass products . 7,685| 7,718] 7,588} +17] -3.4) 8388] 8348] 8.1321 7901] +62] 77,016] 70,305
Primary metals. 15,562] 15,567] 15,392] +11] 1.1) 15,899] 15,996] 15,320] 14,900] +6.7] 155,042] 145,525
Blast furnaces, steel mills. 6201) 6,197] 6,161 40.6 © -1.6] 6,381] 6,336] 6,136) 6,252] +2.1] 62,813] 60,822
Iron and steel foundries. . 1,570] 1,511} 1,472] 42.6 -5.6 1,688] 1,593] 1,530] 1,482] +13.9} 15,023} 14,090
Nonferrous and other primary
metals 7,791) 7,859] 7,759] -0.9} +13) +02] 7,830) 8,067] 7,654] 7,166| +93] 77,206] 70,613
Fabricated metal products «| 19,407] 19,447] 19,094) -0.2] +1.8] +0.3) 20,548] 20,555] 19,591] 19,262] +6.7] 190,651] 180,435
Industrial machinery and equipment - | 35,062] 35,126] 34,042] -0.2] 43.2} -2.6] 33,957] 38,923] 31,747] 30,728] +10.5] 335,786] 312,560
Engines and turbines 2,009] 1910] 1.936] 45.2] -1.3) -2.6f 1,861] 2,204] 1,690] 1,630] +142) 18,231} 17,771
Farm and garden machinery . 2,068} 2,172} 2,086] -4.8] +41) -7.7] 1,952) 2,035] 1,715] 1,824] +7.0] 21,134] 19,382
Construction, mining and
material handling equipment . . 3,951] 3,929] 3,866] +0.6] +1.6] +0.2} 3,943] 3,935] 3,696] 3,547] +112] 38,115] 34,629
Metalworking machinery 3/538) 3,667 3,530] 3.5] 43.9) -1.6) 3,772) 4,133] 3,328) 3,389] +113) 33,931] 29,885
Computer and office equipment . 9,305] 9,475] 9,323) -1.8] +16] -1.6] 8,123] 12,217] 8,377] 7,364] +103] 88,333] 81,177
Electronic and other
electrical equipment : 30,272] 31,007 30,214] 2.4) +26] +2.9) 30,376) 34,815] 29,377] 27,781] +9.3] 288,945] 263,006
Electrical transmission and
distribution equipment and
industrial apparatus . 3,439] 3,511] 3,260) -2.1) +77] -2.7] 3,357| 3,971] 3,198) 3,128] +73] 33,153] 31,492
Household appliances . 2,145] 2,136] 1,993) +04) +72] +03] 2,177] 2,311] 2,058) 1,978] +10.1] 20,508] 19,635
Electric lighting and
wiring equipment ....... 2,197] 2,230) 2,133) -1.5] +45] -0.9] 2,171] 2,450] 2,110) 1,991] +9.0] 21,079] 19,736
Household audio and
video equipment .......... 1,274] 1,300) 1,284] +12) -0.2} 1,733) 1,642] 1,367] 1,724] 40.5] 12,771] 12,122
Communi 6737 6,736] 6,990} -3.6) +5.1] 6370] 7,562] 6,386] 5,537} +15.0] 61,207] 53,100
Electronic components. . 12,274) 12,764] | 12,404) +29] 44.0, 12,102] 14,269] 12,165] 11,041] +9.6] 118,807] 105,690
‘Transportation equipment . 43,311] 43,266] 42,773} +12) -2.7| 45385) 45,197] 42,082] 41,227] +10.1] 422,287) 392,215
Motor vehicles and parts . 30,840} 29,875] 29,954] -0.3] -1.2] 33,371] 30,869} 29,900] 30,434] +10.3) 295,760} 282,211
Aircraft, missiles,
space vehicles, and parts, 9,833} 10,490] 10,152] 43.3] -7.5] 9,136] 11,223] 9,570} 8,130] +126] 99,421] 82,271
Shipbuilding and tanks . . 918] 851) 862 -13} -6.1) 835] °877) 838) 752) +110] 8,749] 8,901
Instruments and related products 13,759] 13,795] 13,077] +5.5{ -1.9] 13,433] 14,984] 12,712] 11,976] +12.2] 129,993] 120,253
Search and navigation equipment 21961] 2/835] 2,633 47.3] 43] 2,831] 3,106] 2,522] 2,283) +24.0| 26,481] 23,889
Measuring and controlling devices .| 4,074] 4,109] 3,996 +28] -1.2] 3,960) 4,454] 3,960] 3,588] +104] 38,761] 35,999
Medical Instruments and Supplies 4348) 4,399] 4,085 +7. 1.6 4,174! 4,787] 3,993 3,791] +10.1] 41,168] 38,420
Photographic goods . 1,910] 1,987} 1,902] +45] 0.4) 20011! 2,155] 1,776| 1,919] +48] 19,066} 18,261
All other durable goods . 19,134] 19,570} 18,951 43.3] -4.1] 20,513] 21,460] 19,563] 19,898] +3.1] 193,059} 178,904
Nondurable goods industries . 150,996] 149,870} 149,047] +0.8] +0.6| 0.0] 156,292} 157,552] 153,113] 151,868] +2.9] 1,490,089 1,439,393
With unfilled orders . . 37,833) 37,436] 36,811] +11] +17] -0.6] 39,420] 39,931] 38,435] 36,940) +6.7] 366,408] 358,005
Food and kindred Products 40,341] 39,756] 40,298] +1.5]  -1.3] 40.1] 42,323) 41,897} 41,127] 41,927) +0.9] 400,384] 391,369
Meat products 8,649] 8,620] 8.999] +031 -42! -0.1] 8,986] 8,971] 9,378] 9,215 3] 88,566] 87,583
Dairy products . $,043] 4,978] 5,031] +13] -1.1] +0.6 5,028] 5,119] 5,142} 5,069] 8] 49,936] 48,950
Beverages -| 6190} 6,019] 5802} 42.8) 42.21 +02] 6,128] 6,179] 6,418] 5,617] -+9.1] 59,553} 57,651
All other foods, except fats and oils | 18,318] 18,101] 18387] +12] -1.64 —-0.3) 20,040] 19,590] 18,200] 19,923] +06] 182,108] 177,808
Tobacco products 3/380} 3,375 3,215] +0.1] +5.0f +11] 3,454] 3,336] 3,324] 3,013] +146] 31,952] 28,536
Textile mill products 6,894] 6897/6824] 0.0] +11] 1.8] 7,188] 7,662] 7,190] 6,804] +5.6) 68,841] 65,701
Broadwoven fabrics ani
other textiles... ... 4,296] 4,200) 4,126] +23) +18) -3.4) 4,348] 4,636} 4,301] 4,057] +7.2] 42,215] 40,828
Paper and allied products 14,047] 13,824] 13,528] +16] +22) +1.2) 14,355] 14,309) 13,797] 13,523] +6.2| 135,322] 136,005
Pulp, paper, and
paperboard mill products... . 5,605] 5,499] 5,399] +19] +1.9] 43.81 5,672} 5,662] 5,502] 5,364] -+5.7] 53,453] 55,056
Paperboard containers and boxes . 3,407] 3,338] 3,224) +21] 43.5] -0.3) 3,547] 3,423] 3,305] 3,377] +5.0) 32,965) 33,346
Miscellaneous converted
paper products 3,035] 4,987| 4,905] +10] +17] -0.5] 5,136] 5,224) 4,990) 4,782] +7.4] 48,904) 47,603
Chemicals and allied pro 33,016] 32,872) 32,449] +04) +13) -0.9} 32,570] 33,884] 32,025) 31,744) +26 328,633) 311,320
Industrial chemicals 16,083] 16,152] 15,943] -0.4] +1.3] +0.) 15,810} 16,412] 16,100] 15,153] +43] 161,204] 152,906
Drugs, soaps, and toiletries 12,753] 12,673] 12,556] +06] +0.9]  -2.2| 13,187] 13,965) 12,296] | 13,277 7| 125,828] 118,680
Petroleum and coal products . 15,625] 15,501] 15,814] +08] -2.0) +4.0] 16,026] 15,919] 16,630] 16,627 6] 154,427] 148,054
Rubber and plastics products 12,727] 12,620] 12,340] +08] +2.3)  -4.3] 13,187] 13,142] 12,572) 12,395] +64] 126,025} 121,644
All other nondurable goods .. . 24,966] 25,025] 24,579] -0.2| +18} -1.1] | 27,189] 27,403] 26,448] 25,835] +5.2] 244,505] 236,764

¥ Preliminary. ‘Revised.

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

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