Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Feb. Jan. Dec.| Jan-| Dec-| Nov.- Feb. Jan. Dec. Feb.| Feb.
1993? 1993" 1992] Feb. Jan.| Dec. 1993" 1993" 1992 1992] 93/92
All manufacturing industries 378,658 | 378,452| 378,926] +0. 0.1 -0.6] 381,401} 378,030] 372,815] 385,716] -1.1
Manufacturing industries
with unfilled orders 249,726 | 249,850] 250,532 0.0 03 -1.0} 250,757] 247,859] 244,672] 260,696 38
without defense capital goods see 348,439 | 347,964] 348,001 +0.1 0.0 -0.7| 351,638] 348,453] 343,073] 350,677 +03
Durable goods industries 234,773 | 234,363] 235,360} — +0.2 04 -0.9| 236,538} 233,005] 230,530] 245,863
With unfilled orders 216,408 | 216,360] 217,239 0.0 -04 -0.9} 217,364] 214,602] 212,352] 226,972
Stone, clay, and glass products 7,831 7,853 7,846 03} +01 -10} 8,056} 7,876] 7,741 8,172
Primary metals. 19,345] 19,323] 19,332] +0.1 0.0 0.6} 19,343] 19,311] 19,381] 19,778
Blast furnaces, steel mills... .. 9,628] 9,607] 9,557] +02] -+0.5 04] 9589] 9,699] 9,836] 9,824
Iron and steel foundries 1,422 1,383 1,430] 42.8 33 09 1,442 1,386 1,405 1,393
Nonferrous and other primary
metals . : 8,295] 8,333 8,345 -0.5 0.1 8312] 8,226] 8,140] 8,561
Fabricated metal products | 22,322] 22,385} 22,615 -03 “1.0 22,505] 22,386] 22,162] 22,956
Industrial machinery and equipment : 44,095| 44,102] 44,328 0.0 0.5 44,563| 43,875] 43,090] 46,068
Engines and turbines - 3,576 3,598} 3,601 06]  -0.1 3,513| 3,417] 3,264) 3,490
Farm and garden machinery | 2322] 2389} 2409] -28] 08 2,464| 2466] = 2,412 2,465
Construction, mining and
material handling equipment  . 5,854 5,862] 5,855 01} +01 -1.0] 5,965 5,903 5,758] 6,294
Metalworking machinery 5,433 5,342 5373] +17 06]  -23 5,422 5,278 5214] 5,624
Computer and office equipment . 9493] 9379] 9,293] +12] +09 49] 9,531 9,230] 8,930] 9,624
Electronic and other
electrical equipment 31,128] 31,041} 30,676} +03] +12 0.0] 31,162] 30,661] 29,833) 31,020] +0.5
Electrical transmission and
distribution equipment and
industrial apparatus . 4,051 4,029] 4,058] +05 -0.7 23] 4,071 3,999] 3,964] 4,328 59
Household appliances .......... 2,640] 2,639] 2,541 00} +39 17] 2,735 2,611 2,346] 2,875 49
Electric lighting and
wiring equipment 2,873 2,904] 2,909 “ld -0.2 23 2,839] 2,807 2,766] 2,913 25
Household audio and
video equipment ....... 1,108 1,119 1,150 -10 2.7 “37 1,098 1,094 1,091 1,226} -10.4
Communications equipment 7998| 7,960] 7,602] +05] +47] +26) 7,981 7,935 7,520| 7,255] +10.0
Electronic components . . 9,099} 8,995 8962] +12] +04) +15] 9,035 8,863 8,812 8,894] +16
Transportation equipment . . 66,600] 66,481] 67,170] +0.2 -10 -15} 67,199] 65,971] 65,725] 73,646] 8.8
Motor vehicles and parts 11,388] 11,339] 11,503] +04 -14 49] 11865} 11,619] 11,542] 12,732 68
Aircraft, missiles,
space vehicles, and parts. 50,869] 50,873} $1,428 oof -La 50,899] 50,075} 50,020] 56,346 9.7
Shipbuilding and tanks . 1,842 1,780 1810] +3.5 “17 1,816 1,742 1,733) 2,147] -15.4
Instruments and related products . 23,136] 23,154] 23,389] -0.1 -10 23,084] 22,718] 22,694] 24,152 44
Search and navigation equipment 6595| 6634] 6867] 06) -34 6583] 6,421 6596] 7,857} -16.2
Measuring and controlling devices . 6,665] 6,641 6601] +04] +06 6,645] 6,586] 6,485 6,773 -19
Medical instruments and supplies : 6254| 6,262] 6,314 0.1 -08 6285] 6,193] 6,187] 6,090] -+3.2,
Photographic goods . : 2928! 2,934] 2,923 02] +04 2,878| 2850] 2,764] 2,781] +35,
All other durable goods 20,316] 20,024} 20,004] +15] +01 20,626| 20,207} 19,904} 20,071] +28
Nondurable goods industries 143,885 | 144,089] 143,566 01] +04 144,863 | 145,025] 142,285} 139,853] +3.6
With unfilled orders 33,318] 33,490] 33,293 05] +06 33,303] 33,257] 32,320] 33,724 “10
Food and kindred Products : 30,644] 30,721] 30,453 03} +09 30,833} 31,302] 30,884] 30,184] = -+2.2
Meat products . 2,950] 2,933] 2,863) +06) +24 3,000] 2,896] 2,739) 2,775} 48.1
Dairy products . 2,754| 2,766] 2,699 04) 42.5 2,691 2,704] 2,585] 2,572| +46
Beverages ........ 5,496] 5,526] 5,675 05 -2.6 $,523 5,535 5,615 5454] +13
All other foods, except fats and oils 17,756 17,758 17,628 0.0 +0.7 17,863 18,316 18,262 17,779 40.5
Tobacco products : 6,692] 6,679} 6,782] +0.2 -15 7,194] 7,210] 6,938 6,982]  +3.0
Textile mill products ..... 9156] 9,170] 9,141 02} +03 9,256] 9,109) 8,711 8850] +46
Broadwoven fabrics and
other textiles ...... : 5,162 $212 5,223 10} -02 5,250 5,233 5,028 $5,238] +02
Paper and allied products... . 13,436] 13,429] 13,394] 40.1] +03 13,672| 13,585] 13,307] 13,784 08
Pulp, paper, and
paperboard mill products... . . 5,565 5,568 5,541 01} +05 5,715 5,654 5,540 5,741 05
Paperboard containers and boxes 3,290] 3,260] 3,222] +09] +12 3,303 3344] 3,277} 3,244] +18
Miscellaneous converted
paper products . on 4,581 4,601 4,631 0.4 -0.6 21 4654] 4,587] 4,490] 4,799] -3.0
Chemicals and allied products... . 35,229] 35,401] 35,354 05} +01] +03] 35,686] 35,669] 35,118] 34,455] $3.6
Industrial chemicals ..... . 17,314] 17,428] 17,498 -07 -0.4 06} 17,574] 17,689] 17,510] 17,551] +0.1
Drugs, soaps, and toiletries... . 13.211] 13,184] 13,092] +02] +07) +12] 13,039] 12,975] 12,787] 12,024] +84
Petroleum and coal products - | 11360] 11,330} 11,246} 03] +0.7 04] IL119} 11,191} 11,155] 10,690] +4.0
Rubber and plastics products ..... 11,568 11,597 11,611 03 0.1 +13 11,757 11,729 11,631 11,145 +5.5
All other nondurable goods 25,800| 25,762] 25,585 40.1 +0.7 +0.71 25,346] 25,230] 24,541 23,763 +6.7

° Preliminary. ‘ Revised.


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

300 300
New Orders
280 F----- rr rr rr rrr ttre rere ed Shipments |—| 280
260 260
240 240
220 220
200 1 1 L L 1 L 1 1 L L i 1 4 200
Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1991 - Feb. 1993
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments
VS Ratios UO/S Ratios
2.5 4.5
OT ae vos --] 4.4
2.3 4.3
2.2 4.2
2.1 41
2 4
1.9 3.9
1.8 3.8
1.7 3.7
1.6 3.6
1.5 3.5
1.4 3.4
1.3 3.3

1.2 tt | L n l L l L L 1 rt L LJ 32
Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb

Feb. 1991 - Feb. 1993

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
Feb. Jan. Dec v2 | Dec- | Nov.- Feb. Jan. Dec. Feb. | Feb.
1993" 193° 1992 | Feb. Jan. | Dec. 1993? 1993" 1992 1992 | 93/92
UNFILLED ORDERS
All manufacturing industries 476,164 | 474,748 | 472,751 +03 | +04 | +03 | 477,597 | 474,838 | 469,792 | 501,517 48
Market categories :
Automotive equipment . 1,671 1,653 1616 | +11] +23 “15 1,688 1,652 1,584 1,737 -28
Home goods and apparel 10,686 | 10,586 | 10,249 | +09] +33 0.1 | 10,534 | 9911 8,779 | 9,498 | +109
Consumer staples 1,365 1,321 1341] 433] -1S | +08 1,357 1,353 1,381 1,269 +69
Machinery and equipment 200,298 | 198,450 | 200435 | +09] -10 0.0 | 200,550 | 198,553 | 199,843 | 212,983 “5.8
Business supplies ee 5,829 5,748 5,752 +14 0.1 43.8 5,780 5,665 5,613 5,646 42.4
Construction materials
and supplies 14,637 | 14,356 | 14,056 | +20] 42.1 -0.1 | 14,660 | 14,190 | 13,900 | 13,978 +49
Defense products 120,819 | 122,152 | 121,058 ll] +09 0.0 | 121,654 } 123,513 | 122,203 | 133,454 8.8
Other materials, supplies and
and intermediate products . 120,859 | 120,482 | 118,244 | +03] 41.9] +09 | 121,374 | 120,001 | 116,489 | 122,952 13
Durable goods industries
Nondefense capital goods * 218,715 | 216,945 | 219,290 | +08]  -11 -0.1 | 219,219 | 217,351 | 218,919 | 233,873 63
Excluding aircraft and parts 73,493 | 72,781 | 72,403] +10] +05] +0.1 | 73,997 | 73,187 | 72,032 | 76,235 29
Defense capital goods * 127,346 | 128,647 | 127,521 -10} +09] +0.1 | 128,051 | 129,832 | 128,353 | 141,182 93
Durables excluding capital goods 106,660 | 105,780 | 102,903 | +08] +28] +12 | 107,221 | 104,959 | 100,307 | 103,683 43.4
Miscellaneous series
Producers’ durable equipment 224,454 | 222,094 | 223,247 | +11 -0.5 | +04 | 224,661 | 222,008 | 221,241 | 236,605 5.0
Household durable goods 5,621 5,608 5,952 40.2 +10 +12 5,501 5,249 4,475 5,267 +44
Information technology industries 32,521 32,008 | 32,190 +16 -0.6 +3.6 | 32,323 | 31,718 | 31,878 | 33,345 31
Health care equipment
and products 8,432 | 8,687 8,416 29] +32 2.0 8,431 8,686 8,416 8,228 42.5
TOTAL INVENTORIES
All manufacturing industries 378,658 | 378,452 | 378,926 | +0.1 -0.1 -0.6 | 381,401 | 378,030 | 372,815 | 385,716 “ll
Market categories :
Automotive equipment 6,209 | 6136} 6188 | +12] -08 34 | 6,528 6,273 6,152 | 6,731 3.0
Home goods and apparel 29,801 | 29,603 | 29,493 +04 | +10 | 29,758 | 29,415 | 28,395 | 27,642 477
Consumer staples 59,465 | 59,507 | 59,326 +03 0.0 | 59,743 | 60,136 | 59,299 | 57,841 +33
Machinery and equipment . 86,891 | 86,416 | 86,532 -0.1 -1.6 | 87,859 | 85,896 | 84,340 | 89,655 -2.0
Business supplies . 21,489 | 21,710 | 21,578 +06 -12 | 21,520 | 21,460 | 20,965 | 21,873 -16
Construction maté
and supplies 22,828 | 22,680 | 22,660 | 44.7] +0.1 -04 | 23,174 | 22,667 | 22,296 | 22,740 +19
Defense products . se 28,525 | 28,698 | 29,116 06] -14] 412 | 28,153 | 27,925 | 28,151 | 32,904] -14.4
Other materials, supplies and
and intermediate products . 123,450 | 123,702 | 124,033 02] 03 -08 | 124,666 | 124,258 | 123,217 | 126,330 13
Durable goods industries :
Nondefense capital goods * 81,624 | 81,226 | 81,320 40.5 0.1 1.7 | 82,341 80,639 | 79,210 | 84,821
Excluding aircraft and parts 53,417 | 53215 | 53.171 | +04] +01 -1.7 | 53,698 | 52,687 | $1,500 | $5,079
Defense capital goods * 30,219 | 30,488 | 30,925 09] -14 | +08 | 29,763 | 29,577 | 29,742 | 35,039
Durables excluding capital goods 122,930 | 122,649 | 123115 | +02] -04 -0.8 | 124,434 | 122,789 | 121,578 | 126,003
Miscellaneous series :
Producers’ durable equipment 139,355 | 138,922 | 139,317] +03] 03 -1.7 | 140,972 | 138,525 | 136,238 | 144,267 23
Household durable goods ..... 12,685 | 12,696 | 12,701 -0.1 0.0} -08 | 12810 | 12,685 | 12,210 | 12,917 08
Information technology industries 28,222 | 28,031 | 27682 | +07] +13 -1.1 | 28,209 | 27,675 | 26,875 | 28,068 +05
Health care equipment
and products ............... 13,425 | 13,418 | 13,420 | +01 00} +05 | 13,365 | 13,239 | 13,132 | 12,627 +58

See footnotes at end of table 5.


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
Feb. Jan. Dec. | Jan.- | Dec.- | Nov.- Feb. Jan. Dec. Feb. Feb.
1993} 1993"] 1992] Feb.} Jan.] Dec.| 193°] 1993'} 1992] 1992] 93/92] 1993" | 1992
SHIPMENTS
All manufacturing industries... . . ]257,189 }253,021 |257,027] +16] -1.0] +3.6|252,096 |226,456 } 249,541 |233,875 | +7.8 | 478,552 | 444,710

Market categories :

Automotive equipment .........} 12,052} 11,602} 11,734] +3.9 -1.1] +113] 12,368 | 10,295 9,433 9,739 | +27.0 22,663 | 17,607
Home goods and apparel . . 18,435 | 18,623 | 18,386] -1.0} +13] +5.4] 18,430] 15,976] 15,636] 15,995] +15.2 34,406 | 29,647
Consumer staples . . . veeess+ | 56,169 | 56,321] 57,000] -0.3 -1.2] +25] 54,184 | 51,891 | 57,015 | 51,650 +4.9 | 106,075 | 100,767
Machinery and equipment oe 42,917 | 42,695 | 44,045 | +0.5 -3.1] +5.8] 41,712 | 36,202 | 47,190 | 38,001 49.8 77,914 | 70,135
Business supplies ........ ++] 19,470 | 18,934] 19,412] +2.8 -2.5| +33) 18,968 | 17,637] 18,817 | 18,044 +51 36,605 | 35,082
Construction materials

and supplies . . penne | 16,507 | 15,827 | 16,135] +43 -19} 42.8} 15,567 | 13,524] 14,380 | 14,067] +10.7 29,091 | 26,662

Defense products .
Other materials, supplies and |
and intermediate products ......| 83,555 81,106 | 82,206] +3.0] -13| +2.1] 83,146] 74,548 | 77,134] 78,067] +6.5 | 157,694 | 149,721

8,084 7913 8,109} +2.2 24) 42.7) 7,721 6,383 | 9,936} 8,312 71 14,104 | 15,089

Durable goods industries :
Nondefense capital goods ° 32,948 | 32,700} 34,188] +08] 44] +44] 31,471 | 26,885 | 39,456 | 29,642] +62] 58,356 | 54,500
Excluding aircraft and parts ....| 27,496 | 27,160 | 27,954] +12] -2.8] +5.4] 26305 | 22,638 | 31,669 | 23342] +12.7| 48,943 | 43,776
Defense capital goods * -| 73920 | 7,672] 7,858] +32] -24] +26] 7,450] 6,030] 10,076] 8,149 6 | 13,480 | 14,714
Durables excluding capital goods | 93,113] 90,093} 91,964] +34] -20] +48] 92,850] 80,676] 82,252 | 82355 | +12.7 | 173,526 | 155,234

Miscellaneous series :
Producers’ durable equipment 85,174 | 83,976 | 85,426] +14} -1.7] +53] 84,332 | 72,907] 84,409] 75,173] +12.2 | 157,239 | 139,905
Household durable goods .. . 7,573 | 7.577| 7.620] -0.1] -06] +14] 7467] 6.404] 6961] 6812] +96] 13,871 | 12,587
Information technology industries. | 15.213 | 14.750] 15,264] 43.1] -34] +36] 13,999} 12,140] 18,709] 12,567] +114} 26,139 } 23,997
Health care equipment

and products ...............] 7,906] 7,929] 8,555] 03] -73] +90] 7,903} 7,740] 8581] 7,544] +48] 15,643 | 15,176
NEW ORDERS ‘
All manufacturing industries. 258,605 |255,018 |258,264 | +1.4| 13] +6.1|254,855 }231,502 |251,033 }230,845 | +104 | 486,357 | 443,962
Market categories
Automotive equipment ...... 12,071 | 11,638} 11,709] +3.7] 0.6) 1.8] 12,404] 10,363] 9,386] 9,770] +27.0 | 22,767 | 17,669
Home goods and apparel -| 18{534 | 18,960] 18,376] -22] +32] +44] 19.054] 17,107] 15,234] 16,417] +161 | 36,161 | 30,706
Consumer staples .............] 56,214] 56301] 57011] -02| -12] +25] 54187] 51,864 | 57,060] 51,608 | +5.0 | 106,051 | 100,750
Machinery and equipment --| 44;765 | 40,710 | 44,027] +10.0} -7.5] +158] 43,709 | 34,912 | 46,825 | 36,847] +186 | 78,621 | 69,256
Business supplies .............] 19,551] 18,930] 19,624] +33] -35] +48] 19,083] 17,689] 18,994] 17,962] +62] 36,772 | 34972

Construction materials
and supplies
Defense products
Other materials, supplies and
and intermediate products ......] 83,929] 83,345 | 83,285] +0.7] +0.1] +39] 84,519] 78,060| 78,182] 78,494] +7.7 | 162,579 | 151,326

16,789 | 16,126] 16,116] +4.1] +0.1] +28] 16,036] 13,814] 14,472] 13,980] +14.7 29,850 | 26,763
6,752 | 9,008 8,116 | -25.0] +11.0] +14.0] 5,863 7,693 | 10,880 5,767 +17 13,556 | 12,520

Durable goods industries :
Nondefense capital goods * 34,718 | 30,355 | 34,044 | +14.4 | -10.8] +19.0] 33,339 | 25,317 | 38,946 | 28,262] +18.0 58,656 53,772
Excluding aircraft and parts 28,208 | 27,538 | 28,004] +2.4 1.7] 47.5] 27,115 | 23,793 | 31,353 | 23,550] +15.1 50,908 | 45,348

Defense capital goods * 6,619 8,798 7,955 | -24.8 | +10.6 | +17.7 5,669 7,509 | 10,839 5,605 +11 13,178 12,265

Durables excluding capital goods} 93,993 | 92,970] 93,209] +11] -0.3| +60] 95,112] 85,328 | 83,636 | 83,056] +14.5 | 180,440 | 157,425

Miscellaneous series :
Producers’ durable equipment .... | 87,534 | 82,823] 86,211] +5.7] -3.9| +111] 86,985 | 73,674] 84,434 | 73,624] +18.1 | 160,659 | 139,747
Household durable goods .......| 7,586] 7,633] 7,550] -0¢] +11] -11| 7,719] 7,178] 6601] 7,045] +9.6 | 14,897 | 13,364
Information technology industries . | 15,726 | 14,568| 16393] +..9] -111| +149] 14604] 11:980| 19,343] 12425] 417.5] 26,584] 23,701
Health care equipment
and products ...........+---| 7,651] 8200] 8385] -67] i.] +62] 7.648] 8011] 410} 7,529] +16] 15.659] 15.183

Preliminary. ‘ Revised.
' Topical series are regroupings of the separate industry categories.
2 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; elect: al * slustrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engines
and parts; ships and tank components; railroad equipment; and seaix's 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.



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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Feb. Jan. Dec. Nov. Feb. Jan. Dec. Nov.
193° 1993" 192 1992 1993? 1993" 1992 1992
All manufacturing industries... . . . 1.47 1.50 1 1.34 351 3.56 3.45 3.55
Durable goods industries ......... 1.75 1.80 1.76 1.85 4.25 433 418 431
Stone, clay, and glass products... . 1.44 133 1.47 1.48 132 137 1.28 133
Primary metals .. . . . 1.68 174 11S 178 197 1.96 1.85 180
Fabricated metal products . . : 161 16l 1.60 1.68 1.85 1.87 1:83 1.90
Industrial machinery and equipment . 192 193 1.96 2.07 2:38 235 235 2.46
Electronic and other
electrical equipment sees 1.67 1.75 1.59 1.69 235 2.49 2.22 235
Transportation equipment : 1.83 1.88 1.84 2.00 1233 12.73 12.15 12.46
Instruments and related products 2:25 228 224 230 530 5:38 5.16 5.22
Nondurable goods industries . 1.17 1.18 117 1.20 0.81 0.80 0.78 0,80
Food and kindred products . 092 091 091 091 &) &) (X) fe)
Tobacco products . . 2.43 2.20 2.14 2.51 (X) (xX)
Textile mill products... . . 1.49 145 149 155 (NA) (NA) (NA) (NA)
Paper and allied products . . 130 1.29 1.25 132 (NA) (NA) (NA) (NA)
Chemicals and allied products. 137 1.40 138 143 &) ® ® &)
Petroleum and coal products... ... 0.84 0.87 0.86 0.85 (x) &) & &)
Rubber and plastics products. . . 1:26 128 130 129 &) &) &) ®

° 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
Feb. : Feb. Feb. Feb.
Feb? | 1992- # eb? }  1992- Feb? | 1992- Feb? | 1992-
Feb! | 1988-] Jan. | Feb. » 1988-] Jan. | Feb.! | 1988- Jan. | Feb.' | 1988-| Jan.
1993 | 1992] 1993] 1993] 1992] 1993] 1993] 1992] 1993} 1993] 1992 | __ 1993
All manufacturing industries... . es) 0.0 02 X) 01 03 es) 0.0 01 «® 0.1 0.1
Durable goods industries .......... 0.1 0.1 03 0.2 0.2 0.6 0.0 0.1 0.1 ) 0.0 0.1
Stone, clay, and glass products .. . . . fe) 07 08 &® 08 13 x) 02 06 &) 0.1 03
Primary metals... 0.0... .- 02 02 03 1.0 07 08 04 03 03 & 02 ol
Fabricated metal products ........ (es) 02 06 ) 02 09 ) 02 04 & 01 03
Industrial machinery and equipment 0.0 04 04) 01 03 04 0.0 03 01 &) 02 ol
Electronic and other
electrical equipment 0.0 02 04 04 03 06 O1 01 01 (e9) OL 0.
Transportation equipment . . . 01 02 07 0.1 05 18 0.0 01 02 & Ol 02
Instruments and related product (xX) 03 09 & 0.6 09 () 0.1 0.1 (xX) 0.0 02
Nondurable goods industries . on (xX) 01 01 () 01 0.1 03 0.5 [e.9) 01 02
Food and kindred products a (x) Ol 03 & o) oa) (en) ® 1 04
Tobacco products set OD O1 26] &| &] MW] Wl MW] WI ¢ 00 0.1
Textile mill products . . . . (x) 05 05 (Xx) (NA) (NA) (x) IA) (NA) Xx 0.2 04
Paper and allied products _ x) 05 02 (x) | @NA) | (NA) &) IA) | (NA) &) 02 04
Chemicals and allied products... . . x) 05 03 ©! ~@) x) &) ®) &) & Ol 02
Petroleum and coal products a 04 03 Cc (x) &) (Xx) (x) &) (Xx) 02 03
Rubber and plastics products .. . ies) 05 03 OA (x) (x) (x) (x) (&) 01 02
Capital goods industrie:
Nondefense 0.0 03 06 0 03 11 0.0 01 0.1 (ea) Ol 0.1
Defense 07 03 12 om 12 33 0.1 0.0 02 &) ol 04

(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 precent change and the percent change as shown in this publication.
2 Average for this month for the last five years.


CURRENT INDUSTRIAL REPORTS

EN

es

U. S. Department of Commerce
BUREAU OF THE CENSUS

Manufacturers’ Shipments,

Inventories, and Orders

February 1993
3-1-(93)-2
For Wire Transmissions 10:00 a.m. E.S.T. March 31, 1993

Steve Andrews or Kathy Menth
(301) 763-2502 or (301) 763-2575

Summary

New orders for manufactured goods in February
increased $3.6 billion or 1.4 percent to a new high of $258.6
billion, the Department of Commerce, Bureau of the Census
reported today. This follows a 1.3 percent decrease in
January and 6.1 percent increase in December and is the
fourth ‘increase in the last six months. Excluding defense,
new orders were up $5.8 billion or 2.3 percent.

Shipments increased $4.2 billion or 1.6 percent to a
new high of $257.2 billion, following a 1.6 percent decline in
January and 3.6 percent increase in December. Like new
orders, this is the fourth increase in the last six months.

Unfilled orders increased $1.4 billion or 0.3 percent to
$476.2 billion, the fourth increase in the last five months.
Excluding defense, unfilled orders increased $2.7 billion or
0.8 percent. The unfilled orders-to-shipments ratio
decreased from 3.56 in January to 3.51 in February.

Inventories increased $0.2 billion or 0.1 percent to
$378.7 billion, following a 0.1 percent decline in January.
This is the first increase since August 1992. The inventories-
to-shipments ratio decreased from 1.50 in Jam to 1.47 in
February, matching the December 1992 ratio, the lowest on
record,

New Orders

New orders for durable goods in February increased
$3.2 billion or 2.4 percent to a new high of $135.3 billion.
This follows a 2.3 percent decrease in January and a 9.7
percent increase in December, and is the fourth increase in
the last six months.

Transportation equipment had the largest increase, up
$3.6 billion or 10.8 percent to $36.8 billion, as increases in
aircraft and parts, motor vehicles and parts, and railroad
equipment more than offset a decline in shipbuilding and
tanks. This follows an 8.3 percent decrease in January.
Industrial machinery and equipment, up $0.4 billion or 1:5
percent to $23.5 billion, has increased four consecutive
months. The largest declines were in electronic and other
electrical equipment, down $0.7 billion or 3.7 percent to
$18.2 billion, and instruments and related products, down
$0.7 billion or 6.4 percent to $10.2 billion. Primary metals
declined $0.2 billion or 1.5 percent to $12.3 billion, following
four consecutive monthly increases.

New orders for nondurable goods increased $0.4 billion
or 0.3 percent to $123.3 billion, following a 0.1 percent
decrease in January. This is the third increase in the last
four months. Increases, led by petroleum and coal products,
chemicals and allied products, and printing and publishin;
more than offset declines, led by textile mill products an
tobacco products.

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

Shipments

Shipments of durable goods in February increased $3.5
billion or 2.7 percent to $134.0 billion, following a 2.6
percent decrease in January. Transportation equipment had
the largest increase, up $1.1 billion or 3.2 percent to $36.4
billion, primarily due to motor vehicles and parts.
Electronic and other electrical equipment increased $0.9
billion or 5.1 percent to $18.6 billion, with increases in nearly
all categories. Lumber and wood products, primary metals,
and stone, clay, and glass products also had large increases.

Shipments of nondurable goods increased $0.7 billion
or 0.5 percent to $123.2 billion, following a 0.4 percent
decrease in January. This is the third increase in the last
four months. The largest increase was in petroleum and
coal products, up $0.6 Billion or 4.4 percent to $13.6 billion.
Chemicals and allied products was up $0.5 billion or 2.2
percent to $25.8 billion. Tobacco products had the largest
decrease, down $0.3 billion or 9.5 percent to $2.8 billion.

Unfilled Orders

Unfilled orders for durable goods in February
increased $1.3 billion or 0.3 percent to $452.7 billion. This
is the fourth increase in the last five months. The largest
increase was in primary metals, up $0.8 billion or 3.8 percent
to $22.7 billion, following a 6.8 percent increase in January.
Transportation equipment was up $0.4 billion or 0.2 percent
to $242.3 billion, following three consecutive monthly
declines. The largest decrease was in electronic and other
electrical equipment, down $0.4 billion or 1.0 percent to
$43.6 billion, following eight monthly increases. Unfilled
orders for nondurable goods, up $0.1 billion or 0.3 percent
to $23.4 billion, have increased for five consecutive months.

Inventories

Inventories for durable goods in February increased
$0.4 billion or 0.2 percent to $234.8 billion. “ Like total
manufacturing, this is the first increase since August 1992.
Lumber and wood products had the largest increase.
Transportation equipment was up $0.1 billion or 0.2 percent
to $66.6 billion. This is the first increase in four months.
Nondurable goods decreased $0.2 billion or 0.1 percent to
$143.9 billion following a 0.4 percent increase in January.
This is the third decline in the last four months.

By stage of fabrication, finished goods increased 0.7
percent in durables and decreased 0.2 percent in
nondurables. Work in process was down 0.1 percent in
durables and up 0.8 percent in nondurables. Materials and
supplies increased 0.1 percent in durables and decreased 0.4
percent in nondurables.

(SEE BACK PAGE FOR UPCOMING REVISIONS)

‘The advance report on durable
Superintendent of Documents, U.S. Government Printing Office,
of Commerce's online Economic Bulletin Board (N-8-1) (202-482-3870)

163-2074) can provide content information and general

for March is scheduled for April 23, 1993 at 8:30 a.m. and the full
fashington, DC 20402.
)) and through the Census
is available from Dialog Information Services, Inc. (1-800-334-2564) and CompuSe:

on April 30, 1993 at 10:00 am. For sale by the
‘This report is also available the day of issue through the Department

u's online information service-CENDATA. CENDATA
srve (1-800-848-8199). The CENDATA staff at the Bureau of the Census (301-


U.S. Department of Commerce | | | |
BUREAU OF THE CENSUS
Washington, D.C. 20233

Official Business
Penalty for Private Use, $300

POSTAGE AND FEES PAID
U.S DEPARTMENT OF COMMERCE

COM-202

First Class Mail

NOTICE

Revised historical data for Manufacturers’ Shipments,
Inventories, and Orders will be issued in mid-June. The

primary purpose of the revision is to benchmark the data to the
1991 Annual Survey of Manufactures. Less significant revisions
will reflect the addition of data received too late to include
in the monthly press releases, corrections for misclassified
reports, and updating the trading day adjustment methodology.
Revisions related to benchmarking affect all industry categories.

Any questions regarding this announcement can be answered by
calling Steve Andrews on (301) 763-2502.



Nondefense Capital Goods 11

New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

New Orders

aaf------ +--+ 2 reerrerrerrrrree Shipments |-1 38

1 1 i 1 J. i 1 i 1 L L 1 i
Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1991 - Feb. 1993

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
11 11

5 1 1 1 1 1 1 L 1. = 1 L i d, 5
Feb Apr Jun Aug Oct Dec Feb Apr Jun “Aug Oct Dec Feb

Feb. 1991 - Feb. 1993

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
T change
Feb: Jan. Dec. | Jan. | Dec- | Nov.- Feb. Jan. Dec. Feb. | Feb.
1993? | 1993" 1992 | Feb. | Jan. | Dec. | 19937 | 1993" 1992 1992 | 93/92
MATERIALS AND SUPPLIES
All manufacturing industries 117,853 | 117,993 | 118395 | -0.1 | -03 | -0.1 | 118,665 | 119,614 | 119,406 | 119,493 0.7
Durable goods industries... . 65573 | 65,488 | 65,897] +01] -06 | -03 | 65,884 | 66,148 | 66,090 | 67,383 22
Stone, clay, and glass products . 201 | 2,414 | 2.471 05} -23 0.0 | 2424 | 2442 | 2,501 443 08
Primary metals. . : 6124] 6210] 6202] -14] +01) +12] 6056] 6321] 6478 | 6056 0.0
Fabricated metal products J | 7843 | 71841 | 8206 oo} -44] +17] 7816 | 7907 | 8204] 7,895 -1.0
Industrial machinery and equipment | 13/986 | 13878 | 13775 | +08] +0.7 | +12 | 14061 | 14,078 | 13,603 | 13,339 | +54
Electronic and other
electrical equipment . 9149 | 9,159] 9099] -o1] +07] +03] 9155 | 9,146 | 9,068 } 9,222 0.7
Transportation equipment . |... 11459 | 11413 | 11564] 404] -13 | -330 | 11620] 11499 | 11,588 | 13,839 | -16.0
Instruments and related products - 6989 | 7o71| 7095 | -12] 03] +04 046 fos | 6936 | 6957 | +13
Lumber, furniture and
miscellaneous durable goods . . 7622 | 7,502 | 7485] +16] +02] -05] 7,706] 7,671 | 7,712 | 7,632 | +10
Nondurable goods industries 52,280 | 52,505 | $2498 | -0.4 0.0 | +02 | 52,781 | 53,466 | 53316 | 52,110] +13
Food and kindred products .. 107141 | 10261 | 10178 | -12]; +08 | +10] 10234] 10551 | 10.404] 10156] +08
Tobacco products. : 5302 | 5250] 5,207; +10] +08] +05] 5,586 "702 | 5,662 | 5375 | +39
Textile mill products: 2712 | 2705 | 2779, +03) -27| +12 | 2760 | 2727 | 2725 | 2699 | +23
Paper and allied products - .. .- 6,746 690 | 6678 | +08] +02] 26] 6831} 6812] 6.748 | 6942 -16
Chemicals and allied products 11724 | 11928 | 11940 | 17] 0.1 | +06 | 11761 | 12,000 | 11,908 | 11,556] +18
Petroleum and coal products 33003 975 | 2/864 | +09] +39 0.0 92 2915 | 2/983, "729 | +73
Rubber and plastics products . 4306 | 4317 | 4346} -03 | -07 | +06] 4300] 4352 | 4493 | 4.254) +11
Apparel, printing and publishing
and leather goods ...... 3346 | 8379] 8506] -o4] -15} +01} 8380] 8407] 8393 | 8,399 02
WORK IN PROCESS
All manufacturing industries 131,921 | 131,810 } 132,335 -04 | -03 | 132,133 | 129,990 | 128,545 | 138,045 43
Durable goods industries .. | 108,632 | 108,704 | 109,233 -0.5 |  -0.5 | 108,928 | 106,989 | 106,066 | 115,777 39
Stone, clay, and glass products . . 1090 7092 | 1,103 10} -03 | 1128 | 1,081 3053 | 1,145 15
Primary metals : 7241 | 7,239 | 7)182 4os | -09 | 7205} 7116 | 7042 | 71457 “34
Fabricated metal products / | 7181 | 7305 | 7,255 +07 | 403} 7256} 7323 | 7006 | 7,594 45
Industrial machinery and equipment’ | 17,217 | 17,336 | 17,511 -10 | -38 | 17206 | 16929 | 16855 | 18,894 89
Electronic and other
electrical equipment . . .. 13,886 | 13,865 | 13,566 +22 | 40.7 | 13,909] 13,678 | 13,086 | 13,153 +5.7
Transportation equipment... - 47368 | 47,276 "89: “13 | 401 | 47557 | 46543 | 46,707 | 51,555 -78
Instruments and related products - 10,417 | 10,373 | 10.548 17] +01 | 10365 | 10,102 | 10216 | 11,796 | 12.1
Lumber, furniture and
miscellaneous durable goods 4232] 4218 | 4,169 | sia] 04] 4302 | 4217 | 4101 | 4,183 428
Nondurable goods industries . 23,289 | 23,106 | 23,102 | oo | +08 | 23,205 | 23,001 | 22,479 } 22,268 | +42
Food and Kindred products - 3/591 3641 | 3,647 02 | +01 64 3,759 | “3,783 | 3,588 | +17
Tobacco products : 90 93 85 +94 | 43.7 92 100 85 gi] +136
Textile mill products. . ° 2,466 | 2,463 | 2,434 +12 | -01 | 2468 | 2,431 | 2,326 | 2,457] +04
Paper and allied products 1132 | 1,122 | 1,108 413 | 03] 129} Lis | Loss | 1145 “14
Chemicals and allied products 5855 | 5,734 | 5,720 +02 | +07] 35850} $717] 5528 | 5351 493
Petroleum and coal products 21904 | 2.838 | 2,915 261 -12| 2812 | 2,769 | 2,823 | 2,849 -13
Rubber and plastics products _- 1538 | 1,514} 1,523 06} +061 1558] 1541] 1499 | 1,549 | +06
Apparel, printing, and publishing
and leather goods . .. . 5,713 | 5,701 | 5,670 405] 429] 5647] 5,569) 5,340] 5,248) +76
FINISHED GOODS
All manufacturing industries 128,884 | 128,649 | 128,196 | +02] +04] -14 | 130,603 | 128,426 | 124,864 | 128,178
Durable goods industries ....... 60,568 | 60,171 | 60,230 | +07] -0.1 | -22 | 61,726 | 59,868 | 58,374 | 62,703
Stone, clay, and glass products - 4340 | 4347 | 4272 | 02] +18) -18 5 4353 | 4187 | 4/584
Primary metals .. sogo | 5'874.| 5.948] +18] -12] -21 | 6082] 5,874) 5,861 | 6,265
Fabricated metal products l|) 7208 | 7239] 7154] +08] +12] 47] 7433 | 7156 | 6.952 | 7,467
Industrial machinery and equipment | 12,892 | 12/888 | 13,042 00} -12} 22] 13,296} 12/868 | 12,632 | 13,835
Electronic and other
electrical equipment . 3093 | 38017] so | wo] +01] -16] 8,098 | 7,837] 7,679 | 8,645
Transportation equipment . - 7773 | 7792 | 7707) 02} +11} -56 | 8022 | 7929] 7430] 8252
Instruments and related products - 3730 | s7i0| sis] +4] -06] +14] 5673 | 5532 | 5542] 5,399
Lumber, furniture and
miscellaneous durable goods .. . 3462 | 8304] 8350! +19] -06 | -01 | 8618] 8319] 8,091 | 8,256
Nondurable goods industries . 68,316 | 68,478 | 67,966] -02] +08] -0.6 | 68,877 | 68,558 | 66,490 | 65,475
Food and Kindred products - 16912 | 16819 | 16628 | +06] +11] -Li | 16950] 16992 | 16,697 | 16,440
Tobacco products ...... 1301 1336 | 1490} 27) -103 | 2 516 | 1.408 | 1,191 13526
Textile mill products. . - 31978 | 4002 | 31928 | -06] +19] -12 | 4028 | 3951 | 3660 | 3,694
Paper and allied products 3558 | 5617] S08] -11} +02] -40] 5.712 | 5,658 | 5464 | 5,697
Chemicals and allied prod 17,650 | 17,739 | 17,694 s| +03 0.0 | 18075 | 17,952 | 17,682 | 17,548
Petroleum and coal products 5,453 3517 | 5,467 +09 | 03 | 5378 "507 | 5,349 | 5.112
Rubber and plastics products 5.724 | 3,766 | 5,742 7] +04] +420] 5899 | 5836] 5639 | 5,342
Apparel, printing an ! publishing
and leather goods ......... 11,741 | 11,682 | 11,409 | +05} +24 0.0 | 11,319 | 11,254 } 10,808 | 10,116

 Prelimary. ‘ Revised.


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
Feb. Jan. Dec.} Jan-| Dec.-| _Nov.~ Feb. Jan Dec. Feb.| Feb.
1993" 1993" 1992] Feb.} Jan} Dec.} 1993" 1993" 1992 1992] 93/92
All manufacturing industries . . . . . 476,164) 474,748| 472,751| +03] +04] +03] 477,597] 474,838} 469,792] 501,517 48
Manufacturing industries
without defense capital goods ... . 348,818] 346,101] 345,230 40.8 403 +03} 349,546] 345,006] 341,439] 360,335 3.0
Durable goods industries ........ 452,721] 451,372| 449,714] 40.3) = 0.4] = 40.3] 454,491] 452,142] 447,579] 478,738 “S.
Stone, clay, and glass Products sees 6,633 6,457 6326] 427] 42.1 35] 6,699} 6,132] 6,113] 6,337] $5.7
Primary metals... .. 22,657} 21,821] 20427) +38] =+6.8] = +3.6] 23,184] 22,015] 20,231) 21,522] +7.7
Blast furnaces, steel mills 10,069 9,260] 8,214] +87) +127) +86] 10,583 9,480 8,205 8,405| 425.9
Tron and steel foundries : 2,904 2,900 2,851 +0." +17 +2.0 2,869 2,962 2,775 2,800 42.5
Nonferrous and other primary
metals............. 9,684] 9,661 9362] +02} +32 00] 9,732] 9,573] 9,251] 10,317 “5.7
Fabricated metal products 23,459] 23,559] 23,497 04] +403] 40.7] 23,515] 23,688] 23,289] 24,658 46
Industrial machinery and equipment - | 51,531] 50,996] 50,739] +10] +05 05| 52,096] 51,498] 50,437] 54,007 35
Engines and turbines + | 10,841] 10,873] 10,899 03 02) 02) ogi] 11,127] 11,167] 10,467) +42
Construction, mining and
material handling equipment 6,205 6,136 6,075 +11 +10 14 6,397 6,297 6,049 6,388 +0.1
Metalworking machinery a 6,690 6,703 6,849 0.2 21 29 6,690 6,703 6,849 8,238 -18.8
Computer and office equipment . 8,259] 7,837] 7,864] +5.4 03) +08] 8077 7,551 7,549] 8,854 88
Electronic and other
electrical equipment + 43,650] 44,074] 42,884 10] +28] +04] 44,049] 43,785] 42,104] 42,630) +33,
Electrical transmission and
distribution equipment and
industrial apparatus... . . 5,843 5,803 5,652] +07] 42.7 35 5,900] 5,837 5,612] 6,464 87
Electric lighting and
wiring equipment . . . .. 2,968} 2,916] 2,842 +26] +20] 2,968] 2,916] 2,842] 2,985 -0.6
Communications equipment 14300] 14,488] 14,631 -10] +17] 14361] 14,498] 14,588] 14,240] +0.8
Electronic components : 15,892] 16,201] 15,330 45.71 +10] 16,099] 16,000) 14,914] 14,513] +109
Transportation equipment . .. .. . 242,330] 241,954] 14934 -09 0.1] 242,688] 242,632] 244.419 | 265,184 “85
Aircraft, missiles,
space vehicles, and parts. . 210,889] 210,358] 213,511} +05 “15 -0.3] 211,278] 211,047] 214,019] 230,746 8.4
Shipbuilding and tanks . . 23,455| 23,866} 22,805 7 44.7 +11 23,313) 23,746] 22,705] 26,628 12.4
Instruments and related products 54535] 54,653] 53.943} 02] 413] +420] 54,749] 55,105] $4,281] 57,074 “41
Search and navigation equipment 36,268 | 36,339] 35,909 02] +12] #20] 36523] 36,825] 36,276} 39,354 -12
Measuring and controlling devices . 8,917 8,839] 8,785] +09] +06] +66) 8,917 8,839] 8,785 8,670] +28
Medical instruments and supplies 8,403 8,658 8,388 29] 432 2.0] 8,403 8,658 8,388 8201] +25
All other durable goods .......... 7,926 7,858 7,864 +0.9 01 24 7,511 7,287 6,705 7,326 42.5
Nondurable goods industries 23,443 | 23,376] 23,037 +03 +15 +0.2| 23,106] 22,696] 22,213] 22,779 +14

* Preliminary. * Revised.


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
Feb.| Jan] Dec. | Jan.-| Dec] Nov.-| Feb.| Jan. | Dec. | Feb. | _Feb.
1993" 1993] 1992] Feb. Jan.] Dec.] 1993) 1993"] 1992] 1992] 93/92] 993°] 1992
All manufacturing industries . . . . . }258,605 255,018 258,264 | +14] -1.3] +6.1 254,855 |231,502 ]251,033 |230,845 | +10.4 | 486,357 | 443,962
Manufacturing industries
with unfilled orders 137,060 | 135,284 138,172} +13] -2.1] +8.u] 135,403 | 122,400 | 140,104 | 122,552 | +10.5 | 257,803 | 236,767
without defense capital goods... .. 12517986 |246,220 |250,309 | +23] -1.6] +5.8 249,186 |223,993 | 240,194 |225’240 | +10.6 | 473,179 | 431,697
Durable goods industries ....... . .|135,330 | 132,123 ]135,208 | +24] -23] +9.7|134,120 |118,154 | 133,421 [116,923 | +14.7 | 252,274 | 223,462
With unfilled orders. ......... .1107,973 | 105,900 [108,768 | +2.0] -2.6] +9.7]106,308 | 94,965 |111,889 | 94,498 | +125 | 201,273 | 182,607
Stone, clay, and glass products «=. 5,629] 5.251] 5116] +72] +26] -12] 5557] 4370] 4,157] 4,603] +207] 9,927] 8,717
Primary metals... . vase 12,317 | 12,509} 11,730] -1.5] +66} +9.4] 12,592] 12,298] 11,202] 11,385] +106] 24890 | 21,598
Blast furnaces, steel mills... .. 5,915 | 5,906] 5,366] +02] +10.1} +15.7] 6,168] 6010] 5,198] 4.754] +297] 12,178] 9,188
Iron and steel foundries... . .. 1,063] 1,094] 1079] -28] +14] +15] 954) 1117] '838] 836] +141] 2071 | 1,741
Nonferrous and other primary
metals . voveeecnees 5,339] 5,509] 5,285] -31] +42] +52] 5,470] 5,171] 5,166] 5,795] -56] 10,641 | 10,669
Fabricated metal products ++} 13,806 | 13,929] 14.291] -09] -25] +53] 13,566] 12,678] 13,643] 12929] +49 | 26,244 | 25,080
Industrial machinery and equipment . | 23,470 | 23,112 | 22.383] +1.5| 3.3] +39] 22,618 | 20,168 | 24,480] 19,274] +173 | 42,786 | 37,202
Engines and turbines... . -| 1,673} 1,541] 1,596] +86] -34] +3.7] 1361} 1152] 2382] 1178] +155] 2,513 | 2,400
Construction, mining and
material handling equipment .:..| 2,786] 2,688] 2,459] +36] +93] +5.0] 2,877} 2,579] 2,369] 2,249} +279] 5,456] 4,279
Metalworking machinery .. . 2,308 | 2,423) 2,385] -4.7] +16] +38] 2,266] 1,879] 2516] 2,087) +86] 4,145] 3,925
Computer and office equipment ...] 7,124] 6512] 6.271] +94] +38] +31] 6270| 4937] 8199] 4.678| +340] 11,207| 8,764
Electronic and other
electrical equipment ...........] 18,174] 18,879] 19,490] -3.7] -3.1] +7.0] 18,640] 17,274] 19,893] 16925] +10.1 | 35,914 | 32,300

Electrical transmission and
distribution equipment and

industrial apparatus... . -.-[ 2,452] 2,505] 2,224] 2.1] +126] -6.0] 2,527] 2,296] 2,192] 2,214] +141 | 4,823 | 4,489
Electric lighting-arid
wiring equipment ... . . --| 1,898] 1,898] 1,853] 00] +24] 439] 1,933] 1,665] 1,958] 1,699] +138] 3,598] 3,140
Communications equipment .....| 3,708 | 31619 | 4638 | 425] -220| +235] 3668] 3120] s'sos| 3356] +93] 6788] 6408
Electronic components 5693 | 6,484] 6.276] -122] +33] +41] 6215] 6270] 6.034] 5,728] +85] 12.485 | 10,977
Transportation equipment .... . . 36,825 | 33,223 | 36,241] +108] -8.3| +24.6] 36,725 | 28380 | 34,821 | 29,186] +25.8| 65,105 | 54,240

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

10,289 | 6,602] 9,959 | +55.8 | -33.7] +62.9] 9,433 | 4,499] 13,050} 7,429] +27.0 13,932 | 14,697
717) 2,138 1,353 | -66.5 | +58.0 |+183.6 678 1,883 1,546 563 | +204 2,561 1,101

Instruments and related products 10,177 | 10,869] 11,538] -64] -5.8] +116] 9,555] 9,869] 12,935} 9,482} +08] 19,424} 19,054
Search and navigation equipment 2,691} 3,129] 3,275] -140] -45] +168] 2,250] 2,741] 4,400} 2,491 7) 4,991 | 5,283
Measuring and controlling devices 2,837 | 2,621) 3,243 | +82] -19.2] +238] 2,790] 2,477] 3,288] 2,397] +164 5,267 4,940
Medical instruments and supplies 2,527] 3,112] 2,914] -188] +68] +03] 2533] 2971] 2996] 2819] -101] 5,504] 5,509

Alll other durable goods ..... 14,932 | 14,351] 14,419] +4.0] -05] -12] 14,867] 13,117] 12,290} 13,139} +13.2 | 27,984 | 25,271

Nondurable goods industries... . . . . | 123,275 ]122,895 ]123,056 | +03] -0.1] +24 |120,735 |113,348 ]117,612 113,922 | +6.0 | 234,083 | 220,500
With unfilled orders ........... 29,087 | 29,384] 29,404] -1.0] -0.1] +1.9] 29,095 | 27,435 | 28,215 | 28,054] +3.7] 56,530] 54,160

* 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.


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

‘Seasonally adjusted

Not seasonally adjusted’

Monthly Percent Change Monthly Percent | Year to date
Industry change
Feb.| Jan. | Dec. | Jan.-| Dec.-] Nov.-| Feb. | Jan. | Dec. | Feb. | __Feb.
1993°| 1993} 1992] Feb. Jan.] Dec.] 1993] 1993"] 1992] 1992] 93/02] 1993" | 1992
All manufacturing industries . [257,189 ]253,021 |257,027 | +1.6] -1.6] +3.6 |252,096 |226,456 |249,541 ]233,875 | +78 | 478,552 | 444,710
Manufacturing Industries
with unfilled orders . 135,644 | 133,287 136,935 | +18] -2.7] +3.2]132,644 | 117,354 | 138,612 [125,582] +5.6 | 249,998 | 237,515
without defense capital goods . . . {249,269 |245,349 }249,169 | +16] -1.5| +3.6 |244,646 |220,426 |239,465 {225,726 | +8.4 | 465,072 | 429,996
Durable goods industries . 133,981 | 130,465 [134,010 | +2.7]  -2.6| +4.6 ]131,771 [113,591 |131,784 120,146 | +9.7 | 245,362 | 224,448
With unfilled orders... . 106,624 | 104,242 }107,570 | +22] -3.1| +35] 103,959 | 90,402 |110,252 | 97,721] +64 | 194,361 | 183,593
Stone, clay, and glass products 5,453 | 5,120] 5346] +65: 42! -O1] 4990] 4351] 4514] 4.496] +110] 9341 | 8,632
Primary metals. 11481 | 113115] 11,018} 4334 +09! +06} 11,423] 10514] 9869] 11,060] +33] 21,937 | 21,421
Blast furnaces, steel mills... 5,106 | 4860] 4,713] +51) 43.1] +07] 5,065] 4.735] 4.213] 4,730] +71] 9,800] 9,330
Iron and steel foundries... . 1059] 1,045] 1024} +13] +21] -10] 1,047] 930] 827] 983) +65] 1,977] 1,841
Nonferrous and other primary
metals . 5316| 5,210] 5,281] +20] -13] +09] 5311] 4849] 4829] 5,347] -0.7] 10,160 | 10,250
Fabricated metal products. ........ | 13,906 | 13,867] 14,118] +03] -18] +38] 13,739] 12279] 13,247] 13,068] +5.1 | 26,018 | 24,670
Industrial machinery and equipment . | 22935 | 22,855 | 22,658] +04] +09] +4.0| 22,020] 19.107] 24,982] 19325] +139] 41,127 | 36,266
Engines and turbines... ... 1705} 1,567] 1,622] +88] -34) +44] 1577| 1.192] 2396] 1353] +166] 2,769] 2,477
Farm and garden machinery 1314] 1200] 1,046] +95] +147] -23] 1487] 1148] 947] 1321] +126] 2635] 2,479
Construction, mining and
material handling equipment 2,717] 2,627] 2,545] +34] +32] +65] 2,777] 2,331] 2,394] 2186] +270] 5,108] 4,056
Metalworking machinery... . 2321 | 2569} 2592] -9.7] -09] +12] 2279] 2,025] 2,723] 2031] +122] 4304] 3,604
Computer and office equipment ...] 6,702} 6,539] 6207] +25] +53] -05] 5,744] 4935] 8638] 4812] +194] 10,679} 9,125
Electronic and other
electrical equipment ........ 18,598 | 17,689 | 19,306] +5.1] -84| +6.1] 18,376 | 15,593 | 20,037] 16,601] +10.7] 33,969 | 31,295
Electrical transmission and
distribution equipment and
industrial apparatus . . 2412] 2,354] 2,426] +2: ] -30' +21] 2464] 2,071] 2,405] 2,298] +72] 4,535] 4,302
Household appliances . . 1704} 1523] L7ist+in-| ri, +09] 1or9] 1348] teat] 1,442] +123] 2,967] 2,678
Electric lighting and
wiring equipment . 1,846] 1,824] 1,798] +12 +14) +15] 1881] 1,591] 1,903] 1,701] +106] 3,472] 3,134
Household audio and
video equipment . : 1,034} 1,034] 1,039] 0G] -os] -19] 920] 842] 996] 930} -1 | 1,762 | 1,721
Communications equipment... . 31896 | 3,762} 4399] 43.6] -145] +111] 3,805] 3,210] 5,365] 3,491] +90] 7015] 6553
Electronic components : 6.002] 5,613] 6.119] +69] -83] +73] 6116] 5,184] 5.874) 5333] +14.7] 11,300] 10,234
Transportation equipment . 36,449 | 35,303 | 36,493] +32] -33| +72] 36,669] 30,167} 34,903 | 32,721] +121 | 66,836 | 58,649
Motor vehicles and parts . . 24,027 | 23,204 | 23,345] +3.5| -06| +9.8] 24,830] 20,720} 18,853] 19,626] +265] 45,550] 35,590
Aircraft, missiles,
space vehicles, and parts. 9,758} 9,755] 10,590] 00} -79| +14] 9,202] 7,471 | 13,437] 10,830] -15.0 | 16,673 | 18,965
Shipbuilding and tanks : 1128} 1077] 1101} +4.7| 22] +46] iit] 842] 1395] 1125] -12] 1,953] 1,953
Instruments and related products . 10,295 | 10,159] 10,459} +13] -29} +32] 9911] 9,045] 11,324] 9,885] +03] 18,956] 18,920
Search and navigation equipment 2,762 | 2,699] 2,579] +23] +47] -14] 21552] 2192] 3183] 2672] 45] 4,744] 4,883
Measuring and controlling devices .| 2,759 | 2,567] 2,697] +7.5| -48] +22] 2,712] 2.423] 2,742] 2.555] +61] 5,135] 5,086
Medical instruments and supplies 27782} 2/342] 3,083] -21] -78] +78] 2,788] 2,701] 3,165] 2834] -1.6} 5,489] 5,502
Photographic goods .. . 1,627] 1,662] 1,746] -21| -48] +45] 1495] 1396] 1,907] 1,493] +01] 2,891] 2,829
All other durable goods . 14,864 | 14,357] 14,612] 43.5] -1.7] 43.9] 14,643 | 12,535 | 12,908] 12,990] +127 | 27,178 | 24,595
Nondurable goods industries ...... . 123,208 | 122,556 |123,017 | +05] -0.4] 42.5 ]120,325 ]112,865 | 117,757 |113,729 | _ +5.8 | 233,190 | 220,262
With unfilled orders... . 1... 291020 | 29,045 | 29,365] -o1] -:.1] +22] 28685 | 26952 | 28,360 | 27,861] +3.0} 55,637] 53,922
Food and kindred products. 33,470 | 33,580 | 33:422| 03] +05! -01] 32'870| 30,961 | 32°812| 31,778] +34 | 63,831 | 61,096
Meat products 7700 | 7,948] 7,483] <1) + 2! -14) 7409] 7356] 7,353] 7,032] +62] 14,825 | 13,767
Dairy products 4328] 4214] 4301] 27] -zol -13] ass] 3937] 4147] aoss] +24] 8122] 7,932
Beverages . . 44] 4732| 4789) -04] -12] +15] 4266] 4.065] 4,423] 4191] +18] 8,331 | 8,047
All other foods, except fats and oils | 14,805 | 14,941 | 14.984] -0.9| 03] -03] 15,027] 13,858] 15,024] 14,716] +2.1 | 28,885 | 27,782
Tobacco products. . . 2.751| 3,041] 3,171] -95] -41] +170] 2,096] 1979] 3.852] 2013] +41] 4,075] 3,747
Textile mill products . . 6161] 6316] 6143] -25] +28] +37] 5936] 5,443] 5,567] 5,759] 43.1] 11,379} 10,890
Broadwoven fabrics and
other textiles 2.0.2.0... 3,902| 4,047] 3,758] -36] 47.7] +25] 3,801] 3,547] 3,526] 3,715] +423] 7,348] 7,033
Paper and allied products ..... . 10,365 | 10,410] 10,705] -04]| -28] 42.1] 10,389] 10,086] 10,281 | 10,437] -0.5 | 20,475 | 20,460
Pulp, paper, and
paperboard mill products ...... 4322| 4378] 4425] -13] -11] 27] 4378] 4.255] 4353] 4474] 21] 8,633] 8,711
Paperboard containers and boxes ..| 2,476 | 2,420] 2,513] +23] -3.7] -02] 2,451] 2349] 2350] 2451] 0.0) 4,800} 4,829
Miscellaneous converted
paper products . . . 3,567] 3,612| 3,767) -12] -41] +10.1| 3,560] 3,482] 3,578] 3,512] +14] 7,042] 6,920
Chemicals and allied products 25,763 | 25,218 | 25,642] +22] -1.7| +43] 25,772 | 24,207 | 24,373 | 24,040] +72] 49,979 | 47,338
Industrial chemicals... . 13,422 | 13,091 | 12,952] +25] +11] +02] 13,637] 12,420] 12,101] 12,608] +82 | 26,057 | 24,345
Drugs, soaps, and toiletries 9430 | 9369] 10,096 | +0.7| -72] +99] 9,411] 9,293] 10.010] 8,664) +86] 18,704 | 17,819
Petroleum and coal products . . 13,584 | 13,006 | 13,139} +44] -1.0] -0.6] 12,221] 12,048} 12,867] 11,259] +85 | 24,269 | 22,296
Rubber and plastics products 9.173} 9035] 8943] +15] +10] +08] 9163] 8332] 7,916] 8945} +24] 17,495] 17,230
All other nondurable goods... .. 21,941 | 21950} 21852] 0.0] +0.4| +5.0] 21,878} 19,809} 20,089} 19,498] +12.2 | 41,687 | 37,205

” Preliminary. * Revised.

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