Table 4. VALUE OF MANUFACTURERS’ INVENTORIES 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.
1996" 1996" 1996] Oct.| Sept.| Aug. 1996" 1996" 1996 1995} 96/95
All manufacturing industries 437,907] 436,700] 435,687] +03] +02] = +03] 438,779] 435,970| 438,946] 432,338] 41.5
Manufacturing industries
with unfilled orders : 294,064 | 293,015} 292,712 40.4] 40.1} 40.3} 294,264] 292,493] 296,632] 290,049 1s
without defense capital goods. 419,045) 417,686] 416,572) +03) +03) +403) 419645] 416676] 419.354] 412-100 18
Durable goods industries 277.014) 276,347) 275,926] 402] +02] +04] 277,242] 275,520] 278,690] 270299] +26
With unfilled orders Sco | 254551} 253,687] 253,024] 40.3] 40.3] 40.4] 255,009] 253,177] 256158] 248283] +27
Stone, clay, and glass products . . 8310] 8.271 8,252] +05] +02] +06] 8,061 8106] 8,255 8,334 33
Primary metals 23,753} 23,856] 23,612 04] +10] 40.2] 23,702] 23.862] 23.685] 23,625] +03
Blast furnaces, steel mills 11,943 11,925 1L,715 +0.2 +18 +13 11,979 11,935 11,714 11,447 +4.6
Iron and steel foundries 1,479 1,476 1,453 40.2 +16 0.2 1,454 1,448 1,439 1,368 +63
Nonferrous and other primary
metals . 10,331} 10,455] 10,444 12] 401 0.9} 10,269] 10,479} 10,532] 10,810 “5.0
Fabricated metal products 26,103} 26,071} 26.133] 40.1 02} 40.5] 25,746] 25,821] 26.216] 26,307 21
Industrial machinery and equipment 58,655] 58,670] 59,201 0.0 -0.9 0.0) 58,618] 58,130] 59,940] 57,700] +16
Engines and turbines : 3,867] 3,837] 3,862] +08 06] 40.7] 4.031 3,922] 4.102] 4,109 +19
Farm and garden machinery. | 2,831 2,845] 2,802] 0.5 16] -08] = 2667] 2.671 2,691 2,567} $3.9
Construction, mining and
material handling equipment 7,336 7.216] 7,215] 41.7 00; +06] 7,285 7,138 7,158 7,054) +33
Metalworking machinery : 7,185 7180] 7,123) 40.5) 404] 405 7,199 7.241 7414] 6818] +56
Computer and office equipment 12,423] 12,684] 12,952 21 2d 14] 12,547] 12,326] 13.451] 13,367 “6.1
Electronic and other
electrical equipment 41,223) 41,140} 41,062} 40.2] 40.27 +03] 41,393 41,037] 41,731] 40,793] +15
Electrical transmission and
distribution equipment and
industrial apparatus 4,733] 4,734] 4,679 00, +12 00} 4,797] 4,745] 4,752 5297] 9.4
Household appliances . 2,838 2,814 2,753 +0.9 42.2 423 2,722 2,638 2,669 2,577 45.6
Electric lighting and
wiring equipment . . 3,295 3,283 3314] +04 09 0.3 3311 3.241 3377 3,499 “5.4
Household audio and
video equipment see 1,512 1513 1,538 -0.1 -16 “14 1,488 1,581 1,664 1537] 3.2
Communications equipment... 1378} 11,304) 11,268] +0.7) +03} 42.7] 1419} 11274] 431] 10730] +64
Electronic components. . 13,816] 13,917] 13,943 -0.7 -0.2 16} 14,023} 13,970] 14,167] 13,682] 42.5
‘Transportation equipment . . 67,827) 67,515] 67,112] +0.5} +406] = +04] 68,427] 67.761] 67947| oa'4i2| 462
Motor vehicles and parts... ... 15,948] 15,815] 15,812] +08 0.0 047 16,023} 15,897] 16,073] 15,485] 43.5
Aircraft, missiles,
space vehicles, and parts. 46,746] 46,515] 46,095) +0.5] 40.9! 40.4] 47,353] 46,780] 46,669 43,838] +8.0
Shipbuilding and tanks . : 1,877 1,938 1859] 3.1] 442] 43.2 1,821 1,883 1,856 1745] +44
Instruments and related products. | as'419| 25:103| 251049 s13| 102 +0.5) 25,623) 25,168] 25,485] 23,736] +7.9
Search and navigation equipment 7,006 6,782 6,719 43.3 +0.9 40.4 7,023 6,781 6,857 6,061] +15.9
Measuring and controlling devices . 8,052 8,030] 8,054] +03 03] +06] 8,052] 8.029] 8 164 7,564] +65
Medical instruments and Supplies 7.429) 7,354) 73417 +100] 40.2] = 40.6] 71555 7,337 7,464 7,064} +7.0
Photographic goods . . . - 2,290] 2,294] 2,293 0.2 0.0 02] 2,354] 2,385} 2359/2430] 3.1
All other durable goods . . . 25,724] 25,721] 25,505 00} +08] 41.7] 25,672] 25,635] 25.431] 25302) +11
Nondurable goods industries . . . 160,893 | 160,353] 159,761] +03) +04] = +0.1} 161,537] 160,450] 160,256 | 162,039] -0.3.
With unfilled orders... . 39,513] 39,328] 39,688 -0.9 0.2) 39,255] 39,316] 40,474] 41,766 -6.0
Food and kindred product 33,282} 33,389] 33.171 +0.7 0.0] 35,148] 34,092} 32,933] 34.924] +06
Meat products 4,080] 4,036] 3,995 +10 0.3] 4,080] 4,027] 3,920] 3'872] 45.4
Dairy products 3,072) 3,085] 2,983 434] 421 3,103 3,101 3,042] 2,653] +17.0
Beverages 6,321 6327] 6,266 +10) +11 6460] 6,397] 6,142] 6,336] +2.0
All other foods, ‘except fats and oils’ | 17°723] 17928] 17°683 +14 0.9] 19,354] 18,884} 17,859] 20,126 38
Tobacco products : 5,875] 5,728] 5,630 +17] +19] 6,004 5,696 5,399] 5,740] +4.6
Textile mill products . . . 10,063 10,042 10,071 -0.3 +0.6 9,844 9,830 10,147 10,107 -2.6
Broadwoven fabrics and
other textiles. . viens 3977] 3,977] 6,007 00) -05) +06] 5,881 5,833 6,040] 6,070 3.1
Paper and allied products .... 2... 16,637] 16,727] 16,781 -05 03] +03) 16372] 16555] 16.782] 17,200 48
Pulp, paper, and
paperboard mill products. . . 6,904] 6,985 7,059 “12 -1.0] 40.2] 6800] 6,912 7,046] 6,830 0.4
Paperboard containers and boxes . 4027} 4,012} 3,985] +04] +07| +03] 3934] aors| —s'9gs 4624] -14.9
Miscellaneous converted
Paper products... . . 3,706} 5,730] 5,737 -04 01} 405 5,638 5,625 5,751 5,746] -19
Chemicals and allied products 39,376 | 39,251] 38,991] 40.3} 40.7] 40.3] 38,922] 38,892] 38948] 38310] +16
Industrial chemicals 19,091} 19,041] 18,810] +03] +412] 40.7] 18,900] 18.940] 18,765} i865] +02
Drugs, soaps, and toiletries 15,301 15,243 15,164 40.4 40.5 0.1 15,240 15,275 15,469 14,885 424
Petroleum and coal products 12,582] 12,543] 12330] 403] +17 0.0} 12,773} 12,744] 12,494] Ina] +119
Rubber and plastics products 15,571) 15,470] 15,352] +0.7] +08} = 40.5} 15249] 15147] isi9| 14973] +18
Alll other nondurable goods 27,507| 27,203] 27,435 +11 08 -L0] 27,225] 27,494] 28,434] 29,374 73

° Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability.


10 Total Manufacturing

New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

360 360
New Orders
ee Shipments |-1 340
320 320
300 300
280F -- ------- +--+ eee eee eee ere ee eee eee eee +] 280
260 1 L 1 1 1 1 L 1 1 1 1 L L 260
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1994 - Oct. 1996
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 3.9
24F-- 77 tr rr cr rt rr tr te vos |] 3.8
2.3 “us {43.7
2.2 3.6
2.1 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
12 ! \ n n l i l nl ! ! ! 1156

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1994 - Oct. 1996

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. Oct,
1996" 1996" 1996 | Oct. | Sept. | Aug. 1996" 1996" 1996 1995 | 96/05
UNFILLED ORDERS
All manufacturing industries $11,062 | 505,188 | 501,833 | +12] +07] -05 | 507,424 | 500,074 | 501,882 | 469,380 +8.1
Market categories :
Automotive equipment . . 1,933 1,949 1,952 08] 02] +08 1,898 1,940 1977 1,996 49
Home goods and apparel 9,658 | 9,234 | 8.987 | +46] 427] +04] 9278 | 9391 9,691 8,603 478
Consumer staples 1,961 2,019 | 2,126 29] 50] -38 1972 | 2129 | 2347 1,868 +56
Machinery and equipment 231,379 | 228,634 | 225,618 | +12] +13 -0.8 | 231,167 | 227,364 | 225,270 | 201,402 | +148
Business supplies . . . 6.493 | 6,509 | 6,541 02] 05 -12 | 6375 | 6584] 6.738 | 6,274 +16
Construction materials
and supplies ......... 15,880 | 15,960 | 15,764 05 | +12 | +01 | 15,639 | 15,987 | 15,929 | 15,480 +10
Defense products 100,264 | 100,993 | 101,980 0.7} -10}  -1.0 | 98,738 | 99,396 | 100,641 | 96,882 +19
Other materials, supplies and
and intermediate products 143,494 | 139,890 | 138,865 | +26] +0.7 | +04 | 142,357 | 137,283 | 139,289 | 136,875 +4.0
Durable goods industries :
Nondefense capital goods * 251,351 | 247,058 | 243,619 | +17] +14 -0.9 | 251,254 | 245,918 | 243,211 | 219,530 | +14.5
Excluding aircraft and parts 98,170 | 97,336 | 98,096 +09] 08 -0.7 | 98,073 | 96,196 | 97,688 | 95,758 424
Defense capital goods * ++ | 105,209 | 106,108 | 106,945 -0.8 | -1.0 | 103,707 | 104,530 | 105,586 | 101,970 417
Durables excluding capital goods 129,892 | 127,761 | 127,257 +04 | +08 | 128,594 | 125,217 | 128,184 | 124,138 43.6
Miscellaneous series :
Producers’ durable equipment 263,524 | 262,059 } 259,208 +0.6 +11 -0.5 | 263,358 | 261,043 | 259,691 | 235,921 +116
Household durable goods ....... 993 5,687 5,640 +5.4 +0.8 04 5,952 5,792 038 5,726 43.9
Information technology industries 38,211 | 36,664 | 37,962 | +42] -34 -2.1 | 38,536 | 36547 | 38.295 | 38,880 -09
Health care equipment
and products... . . 7,984 | 8,164 | 8,082 22] +10] +14] 8176 | 8,040 8.018 7,587 +78
TOTAL INVENTORIES
All manufacturing industries 437,907 | 436,700 | 435,687 | +03 | +0.2 | 40.3 | 438,779 | 435,970 | 438,946 | 432,338 415
Market categories =
Automotive equipment . . 8219 | 8,217 | 8,257 00] -03 00} 8181 8177 | 8,356 7,639 +71
Home goods and apparel 32,321 | 32,199 | 31,941 | +04] +08] +08] 31,534 | 31,989 | 32502 | 31.757 -0.7
Consumer staples : 64,641 | 64,497 | 64.068 | +02} +07 0.0 | 66,444 | 65,400 | 64,235 | 65,342 +17
Machinery and equipment 112,083 | 111,454 | 111,479 | +06 0.0 | +07 | 112,475 }| 110,920 | 112,793 | 105,519 46.6
Business supplies . 26,142 | 25,877 | 25849] +10] +01 0.1 | 26,190 | 25,967 | 26.276 | 26.529 13
Construction materials
and supplies. . . 25,974 | 25,957 | 25,890 | +01 | +03 | +03 | 25,706 | 25,712 | 25,844 | 26,277 22
Defense products . . . 18,680 | 18,781 | 18,830 05 |  -03 07 | 18,910 | 19,012 | 19,255 | 19,908 “5.0
Other materials, supplies and
and intermediate products . 149,847 | 149,718 | 149,373 | +0.1 | 40.2 } +02 | 149,339 | 148,793 | 149,685 | 149,367 0.0
Durable goods industries :
Nondefense capital goods * ..... . 106,083 | 105,459 | 105,350 | +06 | +0.1 | +0.8 | 106,628 | 104,957 | 106,756 | 100,415 +62
Excluding aircraft and parts 71,424 | 71,293 | 71,735 40.2 0.6 +03 | 71,594 | 70,789 | 72,881 70,639 +14
Defense capital goods* ..... -- | 18,862 | 19,014 | 19,115 08] -05 -08 | 19,134 | 19,294 | 19,592 | 20,238 “55
Durables excluding capital goods 152,069 | 151,874 | 151,461 | +0.1 | +03 | +03 | 151,480 | 151,269 | 152.342 | 149/646 +12
Miscellaneous series :
Producers’ durable equipment 179,104 | 178,325 | 178,125 | +04} 40.1 | +0.7 | 179,182 | 177,524 | 180,031 | 172,115 +4.1
Household durable goods ....... 15,614 15,545 15,297 +04 +16 42.6 15,375 15,420 15,550 14,743 +43
Information technology industries 36,402 | 36,496 | 36,721 03 | -06] +01 | 36,632 | 36.169 | 37.563 | 36,049 +16
Health care equipment
and products. . 15,748 | 15,642 | 15,587 | +07] +04] +02] 15,839 | 15,641 | 15,870 | 15,161 +4.5

See footnotes at end of table 5.

See note at end of table 2 relating to survey variability.


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.
1996"| 1996'| 1996] Oct. | Sept.] Aug.| 19967] 1996'| 1996] 1995] 96/95] 19967] 1995
SHIPMENTS,
All manufacturing industries 315,417] 315,160] 312,847} +0.1]  +0.7]  +0.1] 323,892) 335,330] 315,225] 308,358] —_+5.0] 3,088,523 |2,967,457
Market categories :
Automotive equipment 14,126] 14,687) 14,211] 3.81 +33) -1.1] 15,224] 15,282] 13,922} 14,698] +3.6/ 138,994] 133,369
Home goods and apparel 18,797] 18,701] 18,583] +0.5] +06 0.0] 21,311} 21,249] 19,935] 20,218] +5.4] 185,710] 177.971
Consumer staples : 67,933] 66,362] 66,300] +2.4] +0.1] +0.1] 70,027] 70,483} 68,117] 63,611] +10.1] 652,931] 605,857
Machinery and equipment 56,255] 57,559) 56,255] -2.3] +23] +4.5} 55,588] 62,506] 53,429] 52,131]  +6.6] 545,014} 509,726
Business supplies 24,970} 24,944) 24,880) +0.1] +0.3) -0.2) 25,623] 25,833) 25,102} 24,283] +5.5| 245,417] 230381
Construction materials
and supplies 19,707] 19,554) 19,619] +0.8|  -0.3] -0.81 21,019] 20,942] 20,769} 19,914] ~—-+5.5] 192,933] 188,530
Defense products... . . 5,996] 6,379] 6,282) -6.0] +15] 43.4) 5,870] 6,945] 6,188] 6,133] -4.3] 61,911] 63,633
Other materials, supplies and
and intermediate products 107,633) 106,974] 106,717] +0.6] +0.2} 0.2 109,230] 112,090] 107,763] 107,370] +1.7] 1,065,613 1,057,990
Durable goods industries :
Nondefense capital goods * . . 43,232) 44,076 43,304) -1.9] +1.8) 42.4) 41,318] 49,194) 40,612] 38,997] +6.0] 418,002] 392,641
Excluding aircraft and parts 37,644] 38,428] 37,564] -2.0] +2.3 +1.1] 36,164] 43,142] 35,243) 34,510] +4.8] 367,329] 341,763
Defense capital goods * 5,694) 6,086] 5,937) -6.4} +2.5) 43.7) 5,585] 6,629) 5,793] 5.810] 3.9] 58,407] 59,725
Durables excluding capital goods . | 119,900] 120,543] 119,230] -0.5] #1.1] -0.4] 125,949} 127,476] 120,093] 120,424]  +4.6] 1,178,094 |1,132.568
Miscellaneous series :
Producers’ durable equipment 108,439) 110,501} 108,836] -1.9] +1.5] +0.7] 110,246] 118,861] 105,720] 104,689} —_+5.3| 1,060,902 ]1,003,911
Household durable goods 9,352) 9,318] 9,188] 40.4) +14) +0.2) 10,387] 10,691] 9,480] 9,527] +9.0] 90,931] ° 82.799
Information technology industries 21,107] 21,430) 21,331) -1.5] +0.5] +11) 19,684] 25,102] 19,619} 18,740] +5.0} 202,463] 183,608
Health care equipment
and products 10,736] 10,593) 10,306) +13] +2.8) -0.8] 10,801] 11,630] 10,326] 9,543] +13.2] 101,810] 93,389
NEW ORDERS
All manufacturing industries 321,291] 318,515] 310,575} +0.9] +26] — -2.1) 331,242) 333,522] 311,139} 310,080] +68 13,121,472 |2,972,530
Market categories :
Automotive equipment . 14.111] 14,684] 14,228) 3.9) 43.2] 1.2) 15,182] 15,245] 13,966] 14,626] +3.8] | 138,974] 133,201
Home goods and apparel 19,221] 18,949] 18,622} +14] +1.8|  +1.7]/ 21,198] 20,949] 19.807} 19,433] +9.1] | 187,378] 179.386
Consumer staples 67,875] 66,255] 66,216] +24] 40.1) -0.4) 69,870] 70,265] 68,108] 63,601] +9.9] 653,077] 606,048
Machinery and equipment 58,999] 60,575] $4,537] -2.6 411.1] -6.8] 59,390] 64,599] 51,489] 54,663] +8.6] $67,318] 515,044
Business supplies . 24,954] 24,912] 24,801] +02) +0.4) -1.0] 25,415] 25,678] 25,097] 24,088]  +5.5] 245,555] 230,565
Construction materials
and supplies... ........... 19,627] 19,730] 19,638] -0.6| +0.6 —-0.9] 20,671] 20,999} 20,749} 19,620] +5.4 193,294] 188,598
Defense products . : 5,268) 5,392) 5,267) -2.3) 42.4) 43.61 5,211] 5,200} 4,279] 5,733) 9.1] 62,277] 58,377
Other materials, supplies and
and intermediate products 111,236] 107,998} 107,266] +3.0) +0.7] — -2.1) 114,305] 110,087] 107,644] 108,316] — +5.5] 1,073,599 ]1,061,311
Durable goods industries :
Nondefense capital goods * 47,525] 47,515} 41,172| 0.0] +154] -10.4| 46,654] 51,901] 38,447} 40,563] +15.0] 442,082] 397,503,
Excluding aircraft and parts 38,478] 37,668] 36,847] +2.) +2.2 38,041] 41,650] 34,493} 35,391] +75] 370,078] 347,861
Defense capital goods * . . ++] 4,795) 5,249) 4,901] -8.6)+7.1] +2.0] 4,762] 5,573] 3,829] 3.454] -12.7] 59,003] 53.819
Durables excluding capital goods . | 122,031] 121,047] 120,194) +0.8]  +0.7}— -1.2} 129,326] 124,509] 120,430] 122,293] +5.8] 1,185,258 1,139,519
Aiscellaneous series :
Producers’ durable equipment 109,904] 113,352) 107.446] -3.0] $5.5] -3.5} 112,561] 120,213] 104,394] 107,556 +4.7] 1,081,916 ]1,011,925
Household durable goods 9,658) 9,365) 9,166] 43.1] +2.2) 42.3] 10,547] 10,445] 9,457] 9,164) 415.1] 91,909] 83,464
Information technology industries 22,654] 20,132] 20,497} +12.5] -1.8]  -6.0] 21,673] 23,354] 18,870] 19,291] +123] 202,756] 185,869
Health care equipment
and products... . 10,555] 10,676] 10,420} -1.1] +2.5] -2.4) 10,937] 11,652] 10,414] 10,034] —+9.0) 102,458] 93,004

” 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
andling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment, refrigeration, heating and service
adustry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment, aircraft, missiles, space vehicles, and engines

nd 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
nd tank components; and search and navigation equipment

See note at end of table 2 relating to survey variability.


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Oct. Sept. Aug. July Oct Sept. Aug. July
1996" 1996" 1996 1996 1996? 1996" 1996 1996
All manufacturing industries . 139 139 139 139 2.97 291 291 2.94
Durable goods industries. 1.64 162 1.64 1.64 3.56 3.50 351 3.54
Stone, clay, and glass products . . 116 120 1.20 Lis 0.95 101 097 0.96
Primary metals see 159 161 159 1.56 2.08 214 214 2.08
Fabricated metal product feces 1.48 147 1.47 148 141 139 1.36 137
Industrial machinery and equipment 1.83 1.80 185 1:87 241 239 2.43 2.45
Electronic and other
electrical equipment 1.30 151 1.54 1.54 1,92 181 187 1.87
Transportation equipment... . . 174 1.65 1.69 1.70 12.97 12.18 1211 12.67
Instruments and related products 2.01 2.00 1.98 1.95 3.67 3.72 3.73 3.73
Nondurable goods industries 1.10 1 Lil 1.10 0.69 0.68 0.67 0.67
Food and kindred products 0.85 0.86 0.85, 0.85 () (x) (X) (X)
Tobacco products ...... 2.02 2.03 1.96 1.93 (&) (&) &) (x)
Textile mill products . . 1.57 1.55 1.57 1.53 (NA) (NA) (NA) (NA)
Paper and allied products 1.25 126 127 1.24 (NA) (NA) (NA) (NA)
Chemicals and allied products. 122 125 124 1.23 () fe) &) (X)
Petroleum and coal products 0.75 0.79 081 0.83 ) (X) &) &)
Rubber and plastics products 132 131 129 126 (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? | 1995- Oct? | 1995- Oct? | 1995- Oct? | 1995-
Oct.’ | 1991. | Sept. | Oct. | 1991- | Sept. | Oct! | 1991-} Sept. | Oct! | 1991-] Sept
1996 | 1995 | 1996 {| 1996 | _ 1995 | _ 1996 | 1996 | 1995 | 1996 | 1996] 1995 | 1996
All manufacturing industries (x) 04 01 (ea) 01 03 (X) 0.0 Ol (e) 0.0 01
Durable goods industries : 01 02 02 02 01 04 0.0 0.1 0.1 (xX) 01 0.1
Stone, clay, and glass products (X) 06 05 (X) 14 08 (X) 10 07 (x) 03 Ol
Primary metals... . 0. 04 05 0.1 05 08 -03 01 04 &) 01 OL
Fabricated metal products ..... . (xX) 01 0.4 (X) 04 04 (xX) 03 03 (X) 01 0.2
Industrial machinery and equipment 04 05 05 09 08 0.6 02 02 02 (xX) 01 O41
Electronic and other

electrical equipment ........ Ou 04 03 0.1 09 05 -0.1 02 03 re) 01 02
Transportation equipment... . . . 02 03 06 02 03 13 0.1 ol 02 &) ol 03
Instruments and related products . . . . (3) 03 05 (X) 13 09 (X) 03 03 (X) 04 OL
Nondurable goods industries . . (x) 0.1 01 (xX) 0.1 0.1 (4) 0.2 0.2 (Xx) 0.1 0.1
Food and Kindred products . - &) 02 02 (X) & 9 (x) ® &) (Xx) 01 ol
Tobacco products . . &) 02 00 (X) x (x) (%) &) &) (X) 0.0 0.0
Textile mill products 62.2.2.) XY 02 03 &} way] way (x) | @NA) | eA) &) 02 o1
Paper and allied products . . . . (x) 0.1 02 (X) (NA) (NA) (X) (NA) (NA) (X) Ol 02
Chemicals and allied products. |. | (x) Ol 02 rN (X) (%) (x) x) (x) &) 01 02
Petroleum and coal products... . (xX) 03 04 (X) (X) (X) (X) (X) (X) (X) 02 03
Rubber and plastics products . . (xX) Ol 02 (xX) (X) (X) (X) (xX) (X) (X) On 02

Capital goods industries :
Nondetense ene 03 04 04 06 04 06 0.0 0.0 O. (x) 01 03
Defense ...... fees 02 05 08 0.2 2.0 58 0.0 01 03 & 03 04

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

Net aye 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 variability.


CURRENT INDUSTRIAL REPORTS

oF
c>
od
U. S. Department of Commerce

Economics and Statistics Administration
BUREAU OF THE CENSUS

Manufacturers’ Shipments,
Inventories, and Orders

October 1996
‘M3-1-(96)-10
For Wire Transmissions 10:00 a.m. E.S.T. December 6, 1996

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 $2.8 billion
oF 0.9 percent to $321.3 billion, the Department of Commerce, Bureau of the
Census reported today. This follows a 2.6 percent September increase and
is the seventh increase this year. Excluding transportation, new orders
increased 2.3 percent, following a 0.3 percent September increase. Year to
date, new orders are 5.0 percent above the same period a year ago.

Shipments, up for the fourth consecutive month, increased $0.3 billion
or 0.1 percent to $315.4 billion, following a 0.7 percent September increase.
Year to date, shipments are 4.1 percent above the same period a year ago.

Unfilled orders, up five of the last six months, increased $5.9 billion
or 1.2 percent to $511.1 billion, following a 0.7 percent September increase.
The unfilled orders-to-shipments ratio was 2.97, up from 2.91 in September.

Inventories, up for the fourth consecutive month, increased $1.2
billion or 0.3 percent to $437.9 billion, following a 0.2 percent September
increase. The inventories-to-shipments ratio was 1.39, unchanged from
September.

New Orders.

New orders for manufactured durable goods in October increased
$0.5 billion or 0.3 percent to $174.4 billion, revised from the previously
published 0.1 percent increase. This follows a 4.5 percent September
increase and is the third increase in the last four months.

Electronic and other clectrical equipment, up four of the last five
months, had the largest increase, $4.6 billion or 17.2 percent to $31.2 billion,
mostly due to electronic components and communication equipment. This
follows a 0.2 percent September increase. Instruments and related products,
up for the first month since July, increased $0.3 billion or 2.3 percent to
$12.3 billion, following a 0.7 percent September decline. Transportation
equipment decreased $3.4 billion or 7.7 percent to $41.2 billion, with all
component industries declining. This follows a 19.0 percent September
increase and is the fourth decrease in the last five months. Industrial
machinery and equipment, down for the third consecutive month, decreased
$0.5 billion or 1.4 percent to $31.8 billion. This follows a 0.2 percent
September decrease. Fabricated metal products, down for the first month
since June, decreased $0.3 billion or 1.9 percent to $17.9 billion. Primary
metals, down for the third consecutive month, decreased $0.1 billion or 0.6
percent to $14.5 billion, following a 3.7 percent September decline.

New orders for nondurable goods, up for the seventh month this year,
increased $2.2 billion or 1.5 percent to $146.9 billion, following a 0.3
percent September increase. Petroleum and coal products, chemicals and
allied products, and food and kindred products had the largest increases,

Shipments

Shipments of durable goods in October, down for the first month
since June, decreased $1.9 billion or 1.1 percent to $168.8 billion, revised
from the previously published 1.2 percent decline. This follows a 1.3
percent September increase.

Transportation equipment, down for the first month since June, had
the largest decrease, $1.9 billion or 4.8 percent to $38.9 billion; led by motor
vehicles and parts, all component industries declined. This follows a 2.6
percent September increase. Industrial machinery and equipment, down for
the first month since July, decreased $0.5 billion or 1.6 percent to $32.0
billion, following a 1.5 percent September increase. Fabricated metal

products declined $0.1 billion or 0.8 percent to $17.6 billion, following a 0.1
percent September decline. Electronic _and other electrical equipment
increased $0.3 billion or 1.2 percent to $27.5 billion, the fifth increase in the
last six months. Stone, clay, and glass products, up for the first month since
July, increased $03 billion or 3.8 percent to $7. billion. Primary metals
increased $0.2 billion or 1.3 percent to $15.0 billion, following a 0.5 percent
September decrease

Shipments of nondurable goods, up for the cighth month this year,
increased $2.1 billion or 1.5 percent to $146.6 billion, following a 0.1
percent September increase. Petroleum and coal products, up for the fourth
consecutive month, increased $1.0 billion or 6.2 percent to $16.8 billion,
following a 4.3 percent September increase. Chemicals and allied products
increased $0.7 billion or 2.1 percent to $32.2 billion. This follows a 0.4
percent September increase. Food and kindred products increased $0.6
Bilion or 1.6 pereent to $392 bilin, following a 1.1 percent September

cline.

Unfilled Orders:

Unfilled orders for durable goods in October increased $5.5 billion or
1.1 percent to $486.5 billion, unrevised from the previously published 1.1
percent increase. This follows a 0.7 percent September increase and is the
fifth increase in the last six months.

Electronic and other electrical equipment had the largest increase, $3.7
billion or 7.5 percent to $52.9 billion, following a 1.1 percent September
decline. Transportation equipment, up five of the last six months, increased
$2.3 billion or 0.9 percent to $246.0 billion; a large increase in aircraft and
parts more than offset declines in the remaining segments. This follows a
1.6 percent September increase. Fabricated metal products, up for the ninth
consecutive month, increased $0.2 billion or 0.9 percent to $23.2 billion.
Primary metals decreased $0.4 billion or 1.4 percent to $31.1 billion,
following a 0.5 percent September decrease. Instruments and related
products, down for the sixth consecutive month, decreased $0.3 billion or 0.7
percent to $46.3 billion. Industrial machinery and equipment decreased $0.2
bition or 0.2 percent to $72.7 billion, following a 0.3 percent September
lecrease.

Inventories

Inventories of durable goods in October increased $0.7 billion or 0.2
percent to $277.0 billion, the fourth consecutive monthly increase.
Instruments and related products, up for the fourth consecutive month,
increased $0.3 billion or 1.3 percent to $25.4 billion. _ Transportation
equipment, up nine of the last ten months, increased $0.3 billion or 0.5
percent to $67.8 billion. This follows a 0.6 percent September increase.

Electronic and other electrical equipment, up for the third consecutive
month, increased $0.1 billion or 0.2 percent to $41.2 billion. Primary
metals, down for the first month since July, decreased $0.1 billion or 0.4
percent to $23.8 billion, following a 1.0 percent September increase.

Inventories of nondurable goods, up for the third consecutive month,
increased $0.5 billion or 0.3 percent to $160.9 billion, following a 0.4
percent September increase. The largest increases were in printing,
Publishing, and allied industries; bacco producis; and chemicals and allied
products.

By stage of fabrication, October finished goods increased 0.8 percent
in durables and decreased 0.1 percent in nondurables. Work in process
increased 0.6 percent in durables and 0.4 percent in nondurables. Materials
and supplies decreased 0.8 percent in durables and increased 0.8 percent in
nondurables.

Our internet address is http://www.census.gov/ftp/pub/indicator/www/m3prel.html

‘The advance report on durable goods for November is scheduled for December 27, 1996 at 8:30 a.m. and the full report on January 7, 1997 at 10:00.a.m. For sale by the Superintendent
of Documents, U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through 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

§2-------------------------------------- New Orders |] 52

Shipments

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1994 - Oct. 1996

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
10 10

New Orders

al i Hl 1 i i n lL fl l 1 l Lt 4
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct

Oct. 1994 - Oct. 1996

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.
1996" | 1996" 1996 | Oct. | Sept. | Aug. | 1996" | 1996" 1996 1995 | 96/95
MATERIALS AND SUPPLIES
All manufacturing industries 143,391 | 143,597 | 143,378 | -0.1 143,895 | 143,474 | 143,997 | 146,514 “18
Durable goods industries ......... | 82,686 | 83,373 | 83,250 | -0.8 83,333 | 83,715 | 84,182 | 84,535 “14
Stone, clay, and glass products 822 | 2,785 | 2,790 | +13 2/827 | 2,787 | -2'833 | 2/831 0.1
Primary metals -.. 22... 77a7 | 77m | 7555 -03 7805 | 7/852 | 7610 | 77711 +24
Fabricated metal products | 9816 | 9647 | 9671 | +18 9,732 | 91587 | 9,705 | 91472 42.7
Industrial machinery and equipment | 17,001 | 17.676 | 187021 38 179048 | 17,734 | 181413 | 18,240 “65
Electronic and other
electrical equipment : 14352 | 14397 | 14400 | -03 14,542 | 14508 | 14,662 | 15,631 -10
Transportation equipment . |. | 12702 | 12.723 | 12627 | -02 12;692 | 121658 | 12,693 | 12,165 +43.
Instruments and related products 7375 | 7915 | 7810 | -0.5 7879 | 7,946 | 7'871 371 +69
Lumber, furniture and
miscellaneous durable goods 10371 | 10459 | 10376 | -0.8 10,718 | 10,643 | 10,365 | 11,114 3.6
Nondurable goods industries . 60,705 | 60,224 | 60,128 | +08 60,562 | 59,759 | 59,845 | 61,979 23
Food and Kindred products | 11,653 | 11373 | 11,603 | +0.7 11995 | 11.224 | 11.167 | 11,868 +1
Tobacco products 4,768 | 4.733 :700 | +0.7 4587 | 4,622 | 4566 | 4.470 | +26
Textile mill products |: 3019 | 2956 | 2.948 | 421 2932 | 2879 | 2956 | 21932 0.0
Paper and allied products 7,787 | 7.791 | 7/840 | 0.1 7,809 | 7817 | 7/855 | 8799 | 11.3
Chemicals and allied products * | 13,100 | 13,072 | 12847 | +02 13,045 | 13,027 | 12818 | 12812 +18
Petroleum and coal products 4all | 4322 210 | +21 4,443 3343 | 4:28 3.947 | +126
Rubber and plastics products 5922 | 51872 | 51837 | +09 5,827 | 5,840 | 5,776 | 5.847 03
Apparel, printing and publishing
and leather goods .......... 10,045 | 9,905 | 10143 | +14 9,924 | 10,007 | 10,420 | 11,304 | -122
WORK IN PROCESS
All manufacturing industries 145,678 | 144,810 | 144,967 | +06 { -0.1 | +05 | 147,403 | 145,802 | 146,832 | 141,416 +42
Durable goods industries . 119,595 | 118,830 | 118,867 ] +06 0.0 | +04 | 120,491 | 119,370 | 120,658 | 115,024 +48
Stone, clay, and glass products | 248 {1217 | 1205 | 425] +10 | 40.7 | 1173 1.187 | "1,209 1,183 -08
Primary metals -.. .. _ 8.965 | 3943 | gots} +02] +03] -o8 | 8921 8.972 | 8.980 | 8/873 +05
Fabricated metal products... 00.2 | 71110 | 72290 | 73374 | 25} 11 | t0a | 73163 | 7/347 | 7/480 | 8002 | -1035
Industrial machinery and equipment | 23,524 | 23317 | 23,645 | +09] -14 | -14 | 23;826 | 23510 | 247136 | 23609 | 409
Electronic and other
electrical equipment... . 15,585 | 15,574 | 15,604 | +01] 02} 418] 15574] 15,475 | 15,732 | 14,083 | +109
Transportation equipment . - 47,083 | 46,704 | 46282 | +08] +09] +10 | 47;707 | 47,072 | 46.942 | 44324 | +76
Instruments and related products | 11429 | 11,137 | 11,222 | +26] -08 | +08] 11,492 | 11147 | 11,490 | 10299 | +116
Lumber, furniture and
miscellaneous durable goods 4651] 4,648 | 4,620] +01} +406] +11 | 4635 | 4,660 | 4,680 | 4,691 “12
Nondurable goods industries 26,083 | 25,980 | 26,100 | +04] -05 | +11 | 26,912 | 26432 | 26174 | 26,392 | 42.0
Food and kindred products 4,629 | “4654 | “4626 | -05} +06] +67 264 | “4834 | “4.276 | “5065 | 43.9
Tobacco products... . 284 242 268 | +174] 97] -3.6 403, 290 244 339 | +189
Textile mill products |. ||! 2,722 | 2,723 | 2,735 00} 04} +01} 2,709] 2,740 | 2,756 | 2,842 “4.7
Paper and allied products: | 1.753 | 1,776 | 1.774 13] +01] +01 1688 | 1.761 1,804 1648 | 424
Chemicals and allied products 6,674 | 6,726 | 6840} 08} -17 | 404 | 6,652 | 6.770 | 6.927 | 61537 +18
Petroleum and coal products 2576 | 2522 | 2491 | 421] +12] +04] 2621 2572 | 2/571 2273 | +153
Rubber and plastics products | 2,024 1072 | 2061 23) +05] +13 | 2056 | 2055 | 2'033 | 2/086 “14
Apparel, printing and publishing
and leather goods ............. 3421 | 5,265 | 5,305 | 430] -o8 | -11] 5519] 5410} 5,563 | 5,602 “15
FINISHED GOODS
All manufacturing industries... . 148,838 | 148,293 | 147,342 | +04] +06 | +06 | 147,481 | 146,694 | 148,117 | 144,408 421
Durable goods industries. . 74,733 | 74,144 | 73,809 | +08] +05] +13 | 73,418 | 72,435 | 73,880 | 70,740] 43.8
Stone, clay, and glass products 4240 | 4269 | 4257 0.7{ +03 | +05] 4061 | 4132 | 4213 | 4320 “6.0
Primary metals»... . veces Toa | 7142 | 7142 | <4 00} +17 | 6886 | 7038 | 7,095 | 7,041 -22
Fabricated metal products 220/222 | 917 9.134] 9088 | +05] +05] +05] Biss} 8887 | 9.022 | 8833 +02
Industrial machinery and equipment 18,130 | 17,677 | 17535 | +26 | +08] +19] 17,744] 16886 | 17301 | 15851 | +119
Electronic and other
electrical equipment 11,286 | 11169 | 11058} +10] 41.0} 404] 11277} 11054} 11,337 | 11119 +14
Transportation equipment . 8,042 088 | — 8,203 06] -14 | +12] 81028 | 8,031 | 8312 | 7/923 +13
Instruments and related pro 6s | 6.051 | 6.017} +11 | +06 00 | 6252 | 6075 | 6124 | 6,066 +31
Lumber, furniture and
miscellaneous durable goods . . 10,702 | 10,614 | 10,509 | +08} +10] +30 | 10319 | 10332 | 10386 | 9,587 +76
Nondurable goods industries... . . 74,105 | 74,149 | 73,533 01} +08} 01 | 74,063 | 74,259 | 74,237 | 73,668 +0.5
Food and Kindred products 17,000 | 17)162 | 16942 09} +13] -13 | 17;889 | 18,034 | 17490 | 17/991 -0.6
Tobacco products ...... 823 753 662 | 4931 +1371 +44] Lola 784 589 931 $8.9
Textile mill products. < | | 4322 | 4363 | 4,388 09] 06} +09} 4.203} 4211 | 4,435 | 4,333 “3.0
Paper and allied products ° 7097 | 7,160 | 7:167 09| 01] +09] 6875 | 6977} 7123 | 6753 +18
Chemicals and allied products 19,602 | 19.453 | 19304] +08] +08] +05 | 19225 | 19.095 | 19203 | 18961 +14
Petroleum and coal products 5,59. 5,699 | 5629 | -18] +12] 08 | 5709 829 1636 | 5,191 | +10.0
Rubber and plastics products 7625 | 7526 | 7454] +13] +10] +06} 7366] 7252 | 7310 | 7040 +46
Apparel, printing and publishing
and leather goods ........ 25. 12,041 | 12,033 | 11,987 | +01} 404 | -0.3 | 11782 | 12,077 | 12,451 | 12,468 “55

* Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability.


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.
1996" 196" 1996] — Oct.]—Sept.} Aug. 1996" 1996" 1996 1995] 96/95
All manufacturing industries... . . 511,062] 505,188] 501,833) +12] +07 -0.5] 507,424] 500,074] 501,882] 469,380] +81
Manufacturing industries
without defense capital goods 405,853] 399,080] 304,888] 41.7) 9 +11 03] 403,717} 395,544] 396,296] 367,410] +9.9
Durable goods industries 486,452 | 480,927] 477,821] +14] 40.7 0.5] 483,555] 475,665] 476,981] 445,638] —+8.5
Stone, clay, and glass products 6,468] 6,581 6339] -17] #38 2.0) 6302] 6,719] 6,586] 6,882 “84
Primary metals . . . 31,130] 31.567] 31,723 -14 05} +11] 29,290] 30,147] 31,185] 27,030] +8.4
Blast furnaces, steel mills 12,851] 12,924] 12,904 0.6} +02] +06) 12,003) 12331) 12,771] 11005] +91
Iron and steel foundries 4,193 4,338 4,345 33 0.2 +22 4,088 4,235 4,288 3,682] +11.0
Nonferrous and other primary
metals . - | 14,086] 14305] 14,474 “15 -A2] +11} 13,199] 13,581] 14,126} 12,343} +69
Fabricated metal products... |... 23,186 | 22,983] 22,575] +09} = +18] = +05} 23,036] 23,141] 22,941] 21514] 47.1
Industrial machinery and equipment - | 72,655] 72,807] 73,032} -0.2 03} +04] 72,590] 71,680] 72.400] 70,394) 43.1
Engines and turbines. . . . 11,157] 10,951] 10,962} +19 0.1 0.1] 11,553] 11144] 10.911} 11,084] 44.2
Construction, mining an
material handling equipment 9,119 9,433 9,385 33 +0.5 +10 8,918 9,133 8,967 8,438 45.7
Metalworking machinery 9,150] 9,198] 9,190 05] +01] 405) 9150] 91987 9190] 9313 -18
Computer and office equipment 10,098] 9,958] 10,197] +14 23] +04] 10,401 9,826] 10,517] 10,389] +0.1
Electronic and other
electrical equipment... 52,921} 49,213} 49,763] -+7.5 “ld 0.1] 53,674] 47,792] 50,340] 52,339] +26
Electrical transmission and
distribution equipment and
industrial apparatus ........... 6287) 6,275] 6,310] +02 06 12] 6311 6,208 6,353 6,316 0.1
Electric lighting and
wiring equipment . 4398] 4,328] 4379] +16 2] 415] 4398] 4328] 4379/3900] +12.8
Communications equipment 15,444} 14,120} 14820] 49.4 47) 27] 15,472] 14118] 14.800] 14.982] +33
Electronic components ........ 22,634] 20,432] 20,184] +10.8) +12] +14] 23,336] 19.142] 20,661] 23,063} 41.2
Transportation equipment ......... 245,971] 243,660] 239,842} +09] +16]  -0.9} 244,494] 242,293] 238.944] 212,608] +15.0
Aircraft, missiles,
space vehicles, and parts. 216,659 | 213,459] 209,588] +1.5 1.0] 215,352] 212,143] 208,626] 182,037] +18.3
Shipbuilding and tanks ....... 16,272] 16,782] 17,110 x Li] 16315] 16,761) 17,128] 17372 “6.1
Instruments and related products . . 46,322 46,636] 47,161 0.7 Ld 46,306 46,263 46,712 47,241 -2.0
Search and navigation equipment 27,882] 27,995] 28,220 0.4 -19] 27,659] 27,735] 27,843] 28,836 4.1
Measuring and controlling devices 9,550 9,587 9,908 12 9,550 9,587 9,908} 10,047 49
Medical instruments and supplies 7,954 8,135 8,053 . +14 8,145 8,010 7,987 7,558 478
All other durable goods .......... 7,799| 7,480] 7.386] +43. 40.2] 7.863 7,630] 7,873 7,630] 43.1
Nondurable goods industries ....... 24,610} 24,261] 24,012 +14 +10 0.3) 23,869] 24,409] 24,901] 23,742 +05

° Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability,


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.
1996" 1996" 1996 | Oct. } Sept.] Aug.| 1996? 1996" 1996 1995 | 96/95 1996” 1995

All manufacturing industries... . | 321,291] 318,515] 310,575] +0.9] 42.6 —-2.1) 331,242) 333,522) 311,139] 310,080] +6.8]3,121,472 [2,972,530
Manufacturing industries

with unfilled orders 0... 2... ~ -| 178,206] 176,759} 170,040} +0.8| +4.0 -3.7} 182,964] 185,600] 167,879] 172,058] +6.3| 1,731,988 1,645,097
without defense capital goods . . .. . | 316,496) 313,266] 305,674] +1.0]  +2.5|  -2.2) 326,480] 327.949] 307'310] 304,626] +72 3.062.469 [2.918.711
Durable goods industries... . 174,351] 173,811] 166,267] +03] +4.51 -3.6| 180,742) 181,983] 162,706] 168,310 1,686,343 [1,590,841
With unfilled orders. .........1 142,245] 140,638] 134,100] +11] +4.9|  -4.3) 146,449] 147/857] 130,702) 135:704| 1,372,390 1,287,297
Stone, clay, and glass products .....] 7,047} 7,137] 6.776| -1.3] +53] -02| 7402 7.613] 7.417] 6.608 69,153] ” 63,582
Primary metals ©... ..........--{ 14,524] 14,619] 15,177] -0.6{ 3.7} -3.9] 14'509} 14,179] 14.773] 15'510 150,938] 154,009
Blast furnaces, steel mills .......} 6,111] 6,220] 6244] -1.81  -0.4| 4.7 6,066] 5.920] 6,186] 6,500 62,435] 64,162
Iron and steel foundries . 1,274] 1,431] 1,526] -11.0] -6.2} -3.5] 1357] 1,459] 1,500] 1,440 14,659] 13,032
Nonferrous and other primary

metals... . a -5.9) 3.4) 7,086 6,800} 7,087] 7,570 73,844] 76,815

m tee 7,139] 6,968) 7,407) +2.5)
Fabricated metal products 17,851} 18,198] 17,915] -1.9) +1.6) +11] 18,527] 18,920] 18,4281 17,256

Industrial machinery and equipment . | 31,838] 32,301] 32,354] -1.4]  -0.21 -0.7| 31,848] 33,054] 30,252] 30,039
Engines and turbines .........

Construction, mining and

176,528] 167,155
| 316,464} 295,090
1,882} 1,662, 1,618] +13.2] +2.7) -17.5) 1,929] 2,284) 1,552 1,658] +163 16,632} 17,191

material handling equipment ....} 3,361 3,732} 3,705} -9.9] +07] +2.7] 3,442) 3,844] 3,353] 3,773] -8.8| 36,176] 34,279
Metalworking machinery... 3,133] 3,199) 3,248} -2.1) -1.5]  -4.6/ 3,442] 3,563] 3,087] 3,335] 43.2] 31,676] 30,609
Computer and office equipment 8.851] 8,797] 9,014] +06] -2.4) 0.3] 8180] 10,755] 8.116] 7,516] +88] 8440s) 74.411

Electronic and other
electrical equipment... . . -+---[ 31,219] 26,640] 26,596] +172] +0.2} -5.3] 33,769] 27,716] 25,815] 29,134] +159] 268,700] 254,131

Electrical transmission and
distribution equipment and

industrial apparatus ...........) 3,213] 3,154) 3,079! 41.9) 42.4) -a! 3,212] 3,447] 3,037] 3,123 42.8] 31,543] 31,057
Electric lighting and
wiring equipment . ...........) 2,096 2,003] 2,127] +46 -s.81 -3.4] 2,084) 2,182} 2,108] 1,913] +8.9| 20,459] 19,611
Communications equipment .....} 7,560] 5,551] 5,621] +362] -1.2} -13.2| 7304] 6334] 4950] sias} +329] 58.130] 51,878
Electronic components .........] 12,941] 10,687) 10,331] #21.1] +34] -3.7] 14944 10,011] 10,037] 12.816] +166] 105/588} 1021479
Transportation equipment ........ 41,191] 44,637] 37,503) -7.7| +19.0] -8.8] 42,613] 45,989] 35,843] 39.488] +7.9| 406,057] 370.624
Aircrafi, missiles,
space vehicles, and parts. . . 11,796] 12,956] 7,012] -9.0] +84.8) -30.0] 11,374] 13,303] 5,828] 8,724) +30.4] 106,283] 81,019
Shipbuilding and tanks... 240/534] “s64]-55.1] -5.3] +831) 264] 553] 49s] 269] 1.9] 7533] 5.934
Instruments and related products . 12,306] 12,024) 12,109] +2.3] -0.7] -4.2) 12,343] 13,096} 11,696} 12,324) +0.2) 121.996] 116,484
Search and navigation equipment 2,383) 2,194] 2,004] +86] 49.51 -1.2} 2.2717 2,541] 1.838] 2.222] 42.2] 22,600] 22,059
Measuring and controlling devices . | 3,788] 3,457] 3,713] +9.6{ 6.9] -4.0] 3,685] 3,746] 3,676] 3,764] -2.1| 36.880] 36,866
Medical instruments and supplies . | 3,931] 4,242] 4,143 -7.3| +24) -3.7) 4,066] 4.488} 4051] 3.990] +1.9| 40,073] 36,087
All other durable goods ....... 18,375] 18,255] 17,837} +07] +231 +1.0/ 19,731] 19.416] 18.482] 17,951] +9.9| 176,507] 169,766
Nondurable. goods industries ...... . | 146,940} 144,704] 144,308] +15} +0.3) -0.4] 150,500} 151,539] 148,433] 141,770 +6.2] 1,435,129]1,381,689
With unfilled orders ...........] 35,961] 36,121] 35,940] -0.4) +0.5| -1.4) 36,515] 37.743] 37,177] 36354] +04] 3591508] "357,800

” 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 Reporis: M3-1(95),
"Manufacturers’ Shipments, Inventories, and Orders: 1982-1995."


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

Oct.} Sept. } Aug. | Sept- | Aug-| July-] Oct] Sept] Aug. | Oct. | Oct.
1996} 1996'} 1996] Oct. } Sept.] Aug] 19967] 1996] 1996] 1995] 96/95 | 1996" | 1995

All manufacturing industries . . 315,417] 315,160] 312,847] +0.1] +0.7} +0.1] 323,892] 335,330] 315,225] 308,358]  +5.0]3,088,523 2,967,457
Manufacturing Industries
with unfilled orders... . -} 172,332] 173,404] 172,312] -0.6] +06] +0.4] 175,614] 187,408] 171,965] 170,336] _ +3.1] 1,699,039 |1,640,024
without defense capital goods 309,723] 309,074] 306,910] +0.2] +0.7}  +0.1) 318,307] 328,701] 309.430] 302,548} — +5.2) 3,030,116 [2,907,732
Durable goods industries. .. .| 168,826] 170,705] 168,471] - +13) +0.4) 172,852] 183,299] 166,500} 165,231] +4.6 | 1,654,503 |1,584,934

Ll
With unfilled orders... . - -| 136,720] 137,532] 136,304] -0.6| +09} +0.6] 138,559] 149,173] 134,496] 132,625] +4.5} 1,340,550 1,281,390
Stone, clay, and glass products... 7,160] 6,895] 6,904] +3.8  -0.1]  -2.8) 7,819} 7,480] 7,475] 6,954] +12.4] * 69,613] ” 63,349
Primary metals... --| 14,961) 14,775] 14,845] +13) -0.5] 1.6 15,366] 15,217] 14,886] 15,640] -1.8] 149,923] 155,706
Blast furnaces, steel mills .......] 6,184) 6,200] 6,166] | -0.3} +0.6 -1.5] 6394] 6,360] 6,192 6514] 1.8] 62,110] 63,816
Iron and steel foundries... | 1419] 1,438) 1.434] -13] +03) -6.9f 1,504) 1512} 1,477] 1368] 49.9] 14141] 13,033
Nonferrous and other primary
metals... 2... . 7,358] 7,137] 7,245] +3.1] -1.5] -0.6 7,468) 7,345f-7,217| 7,758] -3.7] 73,672 78,857
Fabricated metal products. 17,648) 17,790] 17812] -08} 0.1] +1.5] 18,632] 18,720] 18,285] 17,685] +5.4) 174,813] 166,723
Industrial machinery and equipment | 31'990] 32,526] 32.037] 1.6] +13] +12} 30.938} 35.774 29.970 29'399] +5.2| 3141438] 290309
Engines and turbines ....... 1,676] 1,673) 1,634] +0.2) +24) -6.4/ 1/520) 2,051] 1.431] 1,588] -4.3] 16,514] 17.231
Farm and garden machinery .....{ 1,905] 2,001) 1,952] -4.8} +25] +181 1:808] 1,794) 11585) 1,574] +149] 19357] 17,897

Construction, mining and
material handling equipment
Metalworking machinery
Computer and office equipment .
Electronic and other
electrical equipment ...........] 27,511] 27,190} 26,637} +12) 42.1) +02} 27,887] 30,264) 26,083) 26,232) +63] 264,011] 244,427
Electrical transmission and
distribution equipment and
industrial apparatus,
Household appliances . . :
Electric lighting and
wiring equipment ............| 2,026] 2,054] 2,063] 1.4] -0.4] +137 2,014] 2,233{ 2,044] 1,963) 42.6] 19,991] 19,436
Household audio and
video equipment : 1,289] 1,321] 1,321] 24] 0.0} 43.9) 1,768] 1,635] 1,414] 1,675|+5.6] 12,425} 11,275
Communications equipment .....| 6,236] 6,251] 6.027] -0.2) +3.2] -1.5] 5,950] 7,016] 5,382] 5.282) +12.6| 57,162] 49/506
Electronic components . . «| 10,739] 10,439] 10,046] +2.9} 43.9] 40.8] 10,750} 11,530] 10,042] 10,194] +5.5] 103,043) 94,774
Transportation equipment . 38,880] 40,819} 39,771] -4.8]  +2.6f +13] 40,412] 42,640] 38,837] 39,309 +2.8| 382,724] 376.161

3,675) 3,684] 3,608} -0.2]  +2.1] +03} 3,657) 3,678 3,459} 3,378) +83 35,941] 33,026
3,181 3,191 3,203} -0.3 04) +13) 3,490] 3,555) 3,042) 3,559) -1.9] 30,993] 29,787
8711 9,036} 8,977] -3.6)  +0.7/  +4.6) 7,605] 11,446 7,999) 7,291 +43 83,780) 74,050

3,201 3,189 3,155] 40.4) +11 -0.1 3,109} 3,592) 3,114) 2,902 +71 31,293} 30,872
2,050 1,991 2,000} +3.0} 0.4] -0.6) 2,056) = 2,115) 2,102] 2,008) +24 20,435 19,557

Motor vehicles and parts... 27,547| 28,558] 28,046] -3.5 +1.8] -1.7| 29,460} 29,487] 27,540] 28.918] +1.9] 271,876] 264.024
Aircraft, missiles,
space vehicles, and parts... 8,596] 9,085] 9,048} -5.4] +04) +113] 8,165] 9,788] 8,631] 7,710] +5.9] 81,985] 83,114
Shipbuilding and tanks... .. 750/862) 754) -13.0] +1431 -9.8) 710] 920) 735] 767|-7.4) 8,205] 8,353
Instruments and related products . 12,620] 12,549] 12,643] +06] -0.7/ -1.0] 12,300] 13,545] 12,416] 11,816] +4.1f 123,839] 119.163
Search and navigation equipment .| 2,496] 2,419] 2,536] +32] -4.6 0.31 23471 2.649] 2.507] 2349] —-0.1] | 24.734] 25,259
Measuring and controlling devices 3,825) 3,778] 3,838] +12] 1.6 +15] 3,722) 4.067] 3,801] 3,637] +23] 37,434] 36,067
Medical instruments and supplies. | 4,112] 4,160 4.030] -1.2) +32] +04 3.931] 4,465] 3,964] 3,499] 412.3) 391431) 36,470
Photographic goods . . . . 1,793} 1,805 1,856] -0.7) -2.7}-8.7] Loti} 1,955] 1,756] 1,988} 18,478] 17.965
All other durable goods ..........] 18,056] 18,161] 17,822] -0.6] +19} +0.3| 19,498] 19,659] 181548] 18,196] +7.) 175,142] 169,096
Nondurable goods industries .......] 146,591} 144,455] 144,376| +1.5]  +0.1] — -0.2| 151,040] 152,031] 148,725] 143,127] +5.5] 1,434,020 |1,382,523

With unfilled orders .
Food and kindred products

35,612) 35,872] 36,008) -0.7; 0.4) -0.5] 37,055] 38,235} 37,469] 37,711 -L.7] 358,489] 358,634
39,239} 38,620] 39,046] +1.6) -Ld -0.2) 40,930] 40,977} 39,800] 38,985] 45.0) 384,543] 364,774
Meat products . . 9,003 8,862} 9,236) +1.6} 4.0) +21 9381 9,315) 9,523] 9,178) +22 89,667} 84,844
Dairy products . 5,035] 5,018} 5,014) +0.3) +0.1]  +0.9) 4,995] 5,175 5,093) 4,610} +8.4 48,282) 45,167
Beverages . . 5,592] 5,651 5,635} -1.0} +03] -2. 5,407} 5,798] 6,138] 5,286) 42.3 56,780] 53,469
All other foods, except fats and ‘oils 17,482] 16,998} 17,165] +2.8] 1.0) -1.3) 19,020] 18,598] 17,050) 17,967 +5.9} 170,200] 163,543
Tobacco products .... 2,914) = 2,827 2,868} +3.1 -14) +01) 2,920] 2,728] = 3,020) 2,643] +10.5 27,592} 26,320

Textile mill products ............] 6,427) 6,494) 6,427] -1.0] +1.0| 1.6 6,737] 7,253, 6.849] 6.712] +04] 64,944] 66,491
Broadwoven fabrics and
other textiles... 0... -| 3,903] 3,972) 3,949) -1.7] 40.6 © -0.7}. 3,938] 4,420} 4,169] 3,997] -1.5] 39,611] 40,805
Paper and allied products .........{ 13,271] 13,237| 13,246] +03] -0.11 -1.8) 13,485] 13,667] 13,577] 14,571] -7.5] 135,384] 144.176
Pulp, paper, and
paperboard mill products ......} 5,329] 5,336] 5,291] -0.1] +09) -1.s] 5,350] 5,477] 5,412] 6,284] 54,643] 63,774
Paperboard containers and boxes ..| 3,409 3.431] 3,387] -0.6f +13] -0.6 3,525] 3,513] 3,489] 3,757 34,944] 36,930
Miscellaneous converted
paper products sosf 4,533] 4.470 4,568] +14) -2.11 29] 4.610] 4.6771 4,676 4,530] +18] 45,797] 43,472
Chemicals and allied products |---| 32,160] 31,487) 31.370] 42.1] 40.4) -o.4) 31,657] 32498] 31371] 29.494] +73] 311.211 300,907
Industrial chemicals ...........{ 15,606] 15,423] 15,537] +12] 0.7] +09) 15,356] 15,651] 15.754] 15,044} +21] 154.464] 157.877
Drugs, soaps, and toiletries | . 12,188] 11,833) 11,535] +3.0] +2.6) -1.6} 12,639} 13,197} 11,689} 11,099) +13.9] 114,637) 104,449
Petroleum and coal products .. . . 16,790] 15,814] 15,156) +6.2| +43) +26] 16.911 16,243] 15,902] 12,753] +32.6] 150,920] 128,485
Rubber and plastics products. . 11,773] 11,794) 11,860] -0.2] -0.6 1.8) 12,169} 12.285] 12,160] 12,324] 1.3] 119,772] 121,355
All other nondurable goods... . . 24,015] 24,182] 24,403] -0.7| -0.9] +0.6] 26.231} 26.380] 26,046] 25,645] +23] 230.654] 230,015

* 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 variability.