Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
July June May] June-|/ May-| Apr July June May July} July
1995? 1995" 19951  July| June = May 195° 1995" 195 1994] 95/94
All manufacturing industries . 412,451] 410,011] 408,289] +06) +04] +06] 414,525] 408,950] 412,496] 387,563) +7.0
Manufacturing industries
with unfilled orders... ....-. 276330| 274,190] 272,536] +08] +06] +08] 279,365] 274,612] 276,650] 258,051] +83
without defense capital goods... . 300.679 | 387995] 386.279| +07| +04] +0.7) 392,367] 386,754] 390,082) 362,745] +82
Durable goods industries 259,440 | 257,442] 256,787 +08] +03] +06} 260,856} 256,720] 260,036] 244,142] +68
With unfilled orders “11 3575666} 236120] 235.229} +07] +04] +06) 239,769] 236,022] 238,593] 223,970) +71
Stone, clay, and glass products... . . 8446) 8370] 8278) +09] +11] 423) 8556] 8,447 8498] 7,513] +139
Primary metals : : 2i908| 21900] 21741] +404] 40.7) 40.1] 22,132] 21,726] 21,760] 20,002) +10.6
Blast furnaces, stee! mills 10,470} 10,466] 10,381 oo} +08] +02] 10606] 10,284] 10,256] 9,703] +9.3
Iron and steel foundries ..... 1,678 1,659 1,638 +11 +13 +0.4 1,656 1,677 1,683 1,512 +9.5
Nonferrous and other primary
metals . 9850] 9,775] 9,722] +08] +05 0.0] 9,870] 9,765 9,821 3,787] +123
Fabricated metal products : 25630| 25,606] 25535| +01] +03] +05} 25,780] 25,912) 25,876] 23,902] +79.
Industrial machinery and equipment . | 52580] 52.318| 52,320] +05 oo} +11] 52,722] 51,820} 52,905] 48,900) +7.8
Engines and turbines : 3,843| 3,871 3,783 07) 423) +18] 3,900] 3,832} 3,815 3,697] $5.5
Farm and garden machinery . 2,728 2,766 2,780 Ad 0.5 13 2,485 2,568 2,641 2,363 45.2
Construction, mining and
material handling equipment 6,459 6,455 6,489 +0.1 -0.5 +12 6,401 6,496 6,580 5,796 | +104
Metalworking machinery sees 6,233 6,126 6,077 +17 +08 +18 6,376 6,113 6,122 5,713} +116
Computer and office equipment . . . 11,426] 11,352] 11,460] +0.7 09) +17) 11,792] 11,066] 11,718) 12,108 -26
Electronic and other
electrical equipment ....... 44722) 43,796] 43,260] 42.1) 41.2] +06] 45,363] 43,973] 44,268) 37,690] +204
Electrical transmission and
distribution equipment and
industrial apparatus . . . 4857] 4,824] 4,807] 40.71 +0.4 02) 4926] 4,838] 4,877] 4,531] +87
Household appliances . . . - 2,885 2,846 2,888 +14 15 -0.6 2,819 2,932 3,147 2,550] +10.5
Electric lighting and
wiring equipment ..........-- 3,281 3.247| 3,279] +10] 1.0] 42.2] = 3,360) 3,325 3,362] 3,046] +103
Household audio and
video equipment ........ 1,552 1,548 1541] +03] +05) +19 1,692 1,653 1,875 1,234] +371
Communications equipment 1415] 14098] 1401s | 422] +06] «= 408] 14,529] 14,062] 14,510] 11,089] +310
Electronic components . . 13963] 13.534] 13,125] 432] 43.1] +14 { 14,200) 13,405] 13,108] 11,840) +19.9
Transportation equipment . 59,069| 58,756] 59,221] +05 -08| +06} 59,102] 57,960] 59,820) 60,296] -2.0
Motor vehicles and parts . 12,534] 12360] 12,450] +14 o7{ +404] 12308] 11,873] 12,244] 11,874] 43.7
Aircraft, missiles,
space vehicles, and parts. 41,840] 41,862] 42,006] -0.1 -03| +0.7| 42,107] 41,644] 42,780] 44,442 53
Shipbuilding and tanks . 1,639 1,528 1,517 +73 +0.7 0.1 1,698 1,513 1,579 1,431] +18.7
Instruments and related products . 22,157] 22,140] 21,846 40.1 413 -0.5| 22,403] 22,342) 922,114] 22,125 +13
Search and navigation equipment 5,375 5,435] 5,382] -1.l {+10 24) 5,481 3,492] 5,428 5,886 69
Measuring and controlling devices . 7:145 Z102| 6984] +06] +17] +02 7202] 7,156] 7,065 6471 | +113
Medical instruments and supplies 6.199} 6,133] 6,095} +11] +06 0.1 6.236| 6,174] 6,177 6,234 00
Photographic goods .. . 2,560| 2,596] 2,507 14] 43.6) +02) 2,601 2635] 2,558] 2,696 3.5
All other durable goods . . 24°38] 24,556] 24,586] +1.1 0.1 0.0| 24798] 24,540] 24,795} 23,714] -+4.6
Nondurable goods industries . . 153,011 152,569} 151,502) +03] +0.7| +08) 153,669] 152,230| 152,460] 143,421] +7.)
With unfilled orders . 38,664| 38,070 37307| +16] +20] +18] 39,596] 38,590) 38,057] 34,081) +16.2
Food and kindred Products 30,876] 31,010] 31,034 04 0.1 0.4] 30,045] 29,574] 29,836) 30,069 0.4
Meat products 3,545 31533, 3:522| +03] +03] +16] 3,616] 3,600} 3,588 3,586]  +0.8
Dairy products . 2669| 2616] 2604] +20) +0.5 74{ 2762) 2,712 2,698] 2,775 -0.5
Beverages ..... : 5,327 5312] 5,343] +03 06] +02 5,258] 5,281 5,348 5,245] +02
All other foods, except fats and oils 17,717] 18,004] 18,030] -1.6] 0.1 02] 16867} 16,503] 16,651] 16,767| +06
Tobacco products ....... 5:290| 5,308] 5,336 03 0.5 13] 4,994 5,029 3,173 3,555] -10.1
Textile mill products . . . 10282| 10.252| 10,182] +03] +07) +0.7) 10,496] 10,392] 10,583 9/867] +64
Broadwoven fabrics and
other textiles .......... 5,826| 5,763 5691} thd} +13} +h 5,913 5,716 5,857 3,482] +79
Paper and allied products . . 15,966] 15,551] 15,050] +2.7 33] +20] 16100] 15.679] 15,393] 13,523} +19.1
Pulp, paper, and
paperboard mill products ...... 6,138 5,943 5,768 433 +3.0 +19 6,150 5,955 5,911 5,618
Paperboard containers and boxes . 4537} 4359] 4190] +41] +40] 43.3] 4,601 4392] 4,227 3,259
Miscellaneous converted
paper products ......... 5,291 5,249 5092] +08) 431) +11 5,349 5,332 5,255| 4,646
Chemicals and allied products 36.148 | 36.009) 35,716] +04] +08] +13] 36,113] 35,781} 36,024) 34,177
Industrial chemicals oa 18,016 17,750 17,730 +15 40.1 +17 18,052 17,618 17,760 16,127
Drugs, soaps, and toiletries . 13,223] 13,252] 13,104 02) +11] +03 13.461] 13,439] 13,437] 13,930
Petroleum and coal products 10,873) 11,167] 11,297 26 12] +06] bits} 11,423] 11,547] 10,900
Rubber and plastics products 14357|  14299| 14178| +04] +09] +03) 14,314] 14,249) 14,342] 12,559
All other nondurable goods 29219| 28973| 28709] +08] +09} +15} 30,492) 30,103] 29,562] 26,771

» 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

340 340
New Orders

320 --- +--+ 2-2 reer eee eee ees Shipments | 320

300 300

280 280
260 260
240 L L i i i i 1 i L 1 L 1 1 240
Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May = Jul
Jul. 1993 - Jul. 1995
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments
VS Ratios UO/S Ratios
2.5 3.9
24 ----- or rt rrr rr tr rr rr tr ttt rr rte vos [+] 3.8
2.3 “us _}43.7
2.2 ==
2.1
2
1.9
1.8

1.7
1.6
1.5
1.4
1.3

1.2 i 1 i i i 1 1 1 i L L 1 2.6
Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul

Jul. 1993 - Jul. 1995

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES
FOR TOPICAL SERIES'

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
July June May | June- | May- | Apr- July June May July | July
1993? 1995" 1995 | July | June | May | 1995" 1995" 1995 1994 | 95/94
UNFILLED ORDERS
All manufacturing industries 460,066 | 459,979 | 461,937 00] -04 0.0 | 461,890 | 460,551 | 466,720 | 450,852 424
Market categories :
Automotive equipment 2,079 | 2,101 2,108 10} 03 -14 | 2,065 2,045 2,099 | 2,075 05
Home goods and apparel 10,245 | 10,477 | 10,613 22] -13 | +63 | 11,029 | 10.931 | 11,106 | 11,512 4.2
Consumer staples . : 1,834 1,785 1719 | 42.7] +38] 434 1,872 1781 1,657 1519 | 423.2
Machinery and equipment 183,548 | 184,580 | 184,984 0.6 0.2 +0.5 | 183,375 | 184,699 | 185,670 | 181,321 +11
Business supplies 6225 | 6218 | 6255 | +01 06} +02] 6236 | 6270] 6426 | 5,734 488
Construction materials
and supplies 15,783 | 15,662 | 15,857] +08]  -1.2 0.2 | 16,045 | 15,780 | 16,158 | 15,427 +4.0
Defense products . . . 102,347 | 103,448 | 104,563 Ld Ll -0.9 | 102,180 | 103,419 | 105,095 | 106,512 41
Other materials, supplies and
and intermediate products . 138,005 | 135,708 | 135,838 | +1.7]  -0.1 -0.5 | 139,088 } 135,626 | 138,509 | 126,752 49.7
Durable goods industries :
Nondefense capital goods * ... . . 203,300 | 204,371 | 204,441 05 0.0 | +06 | 202,810 | 204,139 | 204,692 | 199,009 +19
Excluding aircraft and parts . . 98,139 | 98,612 | 97,621 -0.5 +10 +0.8 | 97,649 | 98,380 | 97,872 | 84,680 +153
Defense capital goods* ....... 107.864 | 109,097 | 110,174 -ll 1.0 -1.0 | 107,744 | 109,096 | 110,787 | 112,277 4.0
Durables excluding capital goods 122,893 | 120,544 | 121,194 | +19] -05 -0.2 | 124,688 | 120,709 | 124,449 | 114;716 48.7
Miscellaneous series :
Producers’ durable equipment .... | 218,590 | 219,454 | 220,034 04] 03 | +05 | 218,788 | 219,160 | 220,801 | 213,395 425
Household durable goods - 6,177 6,027 5,886 425] +24] +453 6,604 6,144 6,171 324 +44
Information technology industries 40,092 | 39,936 | 39,608 | +04] +08 0.0 | 40,245 | 40,248 | 40,096 | 34,914 | +153
Health care equipment
and products ............., 5,727 5,742 | 5,746 03} -0.1 29] 5,728] 5,742 5,746 | 6949 | -17.6
TOTAL INVENTORIES
All manufacturing industries 412,451 | 410,011 | 408,289 | +06] +04] +06 | 414,525 | 408,950 | 412,496 | 387,563 47.0
Market categories :
Automotive equipment ......... 6,729 | 6609 | 6636] +18] -04] +03 6,570 | 6379 | 6,609 | 6,065 +83
Home goods and apparel 33,916 | 33,885 | 33,809] +01) +02] +04] 34927] 35149 | 35,192 | 32,162 48.6
Consumer staples . . 58,729 | 59,053 | 58,954 05] +02 0.0 | 58,232 | 57.977 | 58,283 | 58,066 +03
Machinery and equipment 100,327 | 99,317 | 99,392 | +10] -0.1 | +08 | 100,562 | 98,544 | 101,107 | 92.835 +83
Business supplies . 24,041 | 23,947 | 23,644 | +04] +13] +14] 24402 | 24,023 | 23,891 | 21553 | +132
Construction materials
and supplies... .........0. 26,479 | 26,224 | 26,236 | +1.0 0.0} +07 | 26,666 | 26,485 | 26,631 | 24,887 471
Defense products ............ 21,179 | 21,389 | 21,335 10} 403 | +05 | 21,551 | 21,562 | 21,707 | 23,881 98
Other materials, supplies and
and intermediate products ..... . 141,051 | 139,587 | 138,283 | +10] +09} +08 | 141,615 | 138,831 | 139,076 | 128114 | +105
Durable goods industries :
Nondefense capital goods * 95,075 | 94,131 | 94311 | +10] 02 | +09] 95,733 | 93,527] 96,149 | 87,884 48.9
Excluding aircraft and parts 68,497 | 67,797 | 67,953 +1.0 0.2 +11 69,144 | 67,560 | 69,374 | 61,477 H12.5
Defense capital goods * +. | 21,772 | 22016 | 22,010 “Ll 0.0 | +02 | 22158 | 22196 | 22,414 | 24818 | -10.7
Durables excluding capital goods 142,593 | 141,295 | 140,466 +0.9 +0.6 +0.4 | 142,965 | 140,997 | 141,473 | 131,440 +8.8
Miscellaneous series :
Producers’ durable equipment . 161,597 | 160,296 | 159,989 | +08] +02 | +06 | 162,062 | 159,646 | 162,312 | 149,386 48.5
Household durable goods . . 14819 | 14,873 | 14,844 04] +02 0.0 | 15,107 | 15,195 | 15,288 | 14,004 479
Information technology industries 36,161 35,750 | 35,601 +11 +04 +0.8 | 36,747 | 35,508 | 36,490 | 33,090 +111
Health care equipment
and products... . 13,407 | 13,356 | 13,237 | +04] +09] +402] 13,571 | 13,495 | 13,499 | 13,800 “17

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
July} June] May | June-} May-] Apr.-| July] June} =May| July | July
1995} 1995"] 1995] July] June] May] 199°] 1995'| 1995] 1994] 95/94] 1995" | 1994
SHIPMENTS
All manufacturing industries 292,824] 298,712] 297,093] -2.0] +0.5] +0.6| 264,055] 321,334] 298,324] 250,532) +5.4] 2,053,398 1,900,478
Market categories :
Automotive equipment 12,333] 13,654] 13,629} -9.7] +02) 1.4) 8,382] 14,874] 14,917] 8,565] -2.1] 98,272] 95,156
Home goods and apparel 19,472} 19,626 19,475] -0.8)  +0.81 0.0}. 18,039) 20,459] 18,153] 17,754] +1.6] 131,815] 126,380
Consumer staples ..... . 60,646) 60,380} 60,469] +041 -0.1]  -0.6 $8,395] 62,906] 59,879] 56,445] +3.5] 414,006] 399,249
Machinery and equipment 51,639} 54,646] 53,380] 5.5] +2.41 +04) 42,962] 62,173] 53,249] 40,037] +7.3| 367,791} 333,323
Business supplies . . 22,690} 22,679] 22,279] 0.0). -+1.8) +0.3} 21,510] 23,547) 22,335] 20,070} +72] 154,427] 142,690
Construction materials
and supplies 18,501] 18,369} 18,341] +0.7] +02] +1.3) 17,592| 19,883] 18,751] 17,179} 42.4] 128,147} 122,273
Defense products . : 6,787] 6,948} 7,061] -2.3] | -1.6 +04) 6,195] 7.415} 6,805] 6,696] —-7.5] 47,664] 49,523
Other materials, supplies an
and intermediate products . . . 100,756] 102,410] 102,459] -1.6] 0.0). +1.8] 90,980] 110,077] 104,235] 83,786] +8.6] 711,276] 631,884
Durable goods industries :
Nondefense capital goods > . . 40,976] 43,034] 41,885 +1.3) 35,099] 50,067] 40,261] 31,994] —+9.7] 283,591] 248,916
Excluding aircraft and parts 36,305] 37,988] 37,098 +3.0] 31,130] 43,888] 35,725} 28,018} +11.1] 249,091] 215,974
Defense capital goods * sees 6,342] 6,439) 6,629 +15} 5,712] 6,916) 6,360] 6,164) -7.3] 43,961] 46,441
Durables excluding capital goods . | 108,266] 111,355] 111,098 +0.9} 91,694] 119,776] 114,545] 88,227] +39] 777,617] 726,102
Miscellaneous series :
Producers’ durable equipment . 97,730] 102,868] 101,485 +0.5] 79,200] 114,735] 102,857] 76,481] +3.6] 704,761] 658,253
Household durable goods... . . 8,406] 8,430] 8,326] +0.8| 7,322) 8,686] 7,876] + 6,993) +4.7| 56,074] 53,320
Information technology industries .| 20,015] 20,964] 20,587] +4.7] 16,352] 25,160] 19,133] 14,587] +12.1] 134,069] 116,235
Health care equipment
and products ....... 8,649] 8,613) 8,714] +04) -1.2) +24) 7,942] 9,174] 8,228] 7,837] +13] 59,306] 58,015
NEW ORDERS
All manufacturing industries 292,911] 296,754] 297,046] -1.3]  -0.1] +1.4} 265,394] 315,165] 297,199] 250,853] +5.8}2,063,520]1,912,972
Market categories :
Automotive equipment ...... 12,311] 13,647] 13,601] -9.8] +0.3]  -1.4! 8,403] 14,820] 14,854] 8,619] --2.5] 98,191] 95,329
Home goods and apparel 19,241] 19,490] 20,104] -1.3} -3.1]  +3.1] 18,136] 20,284] 18,915] 18,218 0.5] 134,514] 129,229
Consumer staples ....... 60,695] 60,446] 60,525] +0.4) -0.1]  -0.6] 58,486] 63,030] 59,913] 56,492] +3.5] 414,247] 399,291
Machinery and equipment 50,607] 54,243] 54,317) -6.7| -0.1] +4.21 41,638) 61,202} 54,214] 39,791] +4.6] 370,334] 334,420
Business supplies... . . 22,697] 22,642] 22,292] +0.2] +1.6f -0.2} 21,476] 23,392) 22,433] 20,096] +69] 154,855] 143,056
Construction materials
and supplies ...... . 18,622} 18,174) 18,310) +25) -0.7)  +1.9] 17,858] 19,505) 18,845] 17,425] +2.5] 128,754] 123,825
Defense products ....... 5,687] 5,833] 6,069] -2.5] -3.9) +5.2) 4,955] 5,739] 4,903] 5,392) -8.1] 42,606] 45,125
Other materials, supplies an
and intermediate products . 103,051] 102,279] 101,828) +0.8] +04) +1.1] 94,442] 107,193] 103,122} 84,820] +11.3] 720,019] 642,697
Durable goods industries :
‘Nondefense capital goods ° . . 39,905] 42,964] 43,115 -0.4|  +7.6 33,770] 49,514] 41,474] 31,669] +6.6] 286,485] 250,588
Excluding aircraft and parts 35,832] 38,979] 37,831 43 +5.0) 30,399] 44,396] 36,441) 29,455} +3.2| 255,733] 224,996
Defense capital goods * ..... 5,109] 5,362] 5,548) -3.4| +73) 4,360] 5,225] 4,359] 4,792] -9.0) 38,600] 41,580
Durables excluding capital goods . | 110,615] 110,705] 110,839] -0.1] +05] 95,673] 116,036] 114,017] 89,953] +64] 787,878] 737,666
Miscellaneous series :
Producers’ durable equipment . . 96,866] 102,288] 102,595] -5.3] -0.3] +2.8| 78,828] 113,004] 104,037] 77,669] +1.5] 709,835] 665,505
Household durable goods --| 8,556] 8,571] 8,620] -0.2)  -0.6 +82) 7,782] 8,659] 8,187] 7,293] +6.7) 57,481] 54,809
Information technology industries . | 20,171] 21,292) 20,588] -5.3] +34] +4.2) 16,349] 25,312] 19,778] 15,276] +7.0] 137,385} 119,063
Health care equipment
and products ..... 8,634] 8,609] 8,543] +03) 40.8) +1.0] 7,928] 9,170} 8,058] 7,878] +06] 58,712] 57,477

° Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories.

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

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

and parts; ships and tank components; railroad equipment; and search and navigation equipment.

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

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


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 July June May Apr. July June May Apr.
195° 1995" 1995 1995 1995? 195° 1995 1995
All manufacturing industries... . .. 141 137 137 137 2.84 2.78 2.82 2.86
Durable goods industries ....... . 1.67 1.60 161 1.62 3.43 3.34 3.38 3.44
Stone, clay, and glass products... . . 117 118 119 1.22 114 114 11s 1.24
Primary metals .......... . 1.49 1.46 1.43 1.46 1.86 1.85 1.87 1.95
Fabricated metal products wees 1.63 1.64 1.62 1.62 148 149 149 1.47
Industrial machinery and equipment . 1.74 1.69 1.70 Ww 2.56 252 248 2.53
Electronic and other
electrical equipment 175 1.66 1.69 123 2.13 1,98 2.05 2.06
Transportation equipmer beens 71 135 1.59 154 11:36 10.80 11.10 10.91
Instruments and related products... . 199 194 1.88 1.95 414 4.05 401 4.16
Nondurable goods industries . 1 1 1.10 1.09 0.73 0.72 0.75 0.75
Food and Kindred products . 0:85 0.86 0.87 0.86 ) &) rea) &
Tobacco products ...... 1.78 1.92 1.79 179 &) te) & &)
Textile mill products. - 1.67 1.64 1.62 161 (NA) (NA) (NA) (NA)
Paper and allied products a 1.14 1.09 1.07 1.08 (NA) (NA) (NA) (NA)
Chemicals and allied products. 118 117 117 118 & &) ® &)
Petroleum and coal products 0.86 0.86 0.83 0.83 & & & O&O
Rubber and plastics products -. .. . 149 145 141 141 &) & & (X)

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

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

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

Shipments New orders Unfilled orders Inventories
Industry
July July July July
July? | 1994- July? | 1994- July? | 1994- July? | 1994-
July! | 1990-] June | July! | 1990- | June | July! | 1990-] June | July! | 1990-] June
1995 | 1994] 1995] 1995} 1994} 1995] 1995 | 1994] 1995] 1995 | 1994] _1995
All manufacturing industries ..... . () 01 01 es) 01 02 es) 01 Ol e9) 0.1 0.1
Durable goods industries ........ . -0.6 02 02 04 03 03 0.0 0.0 01 (es) 02 0.0
Stone, clay, and glass products . . (X) 08 07 (X) 14 1.0 (X) 0.5 0.5 (X) 03 0.1
Primary metals... ... 0.0 03 os! 03 06 UL 03 03 04 &® 02 02
Fabricated metal products ........ (%) 05 04 (X) 0.6 0.6 (x) 02 03 (X) 01 0.2
Industrial machinery and equipment . -16 02 04 “19 04 07 -0.1 01 0.2 (xX) 01 01
Electronic and other
electrical equipment . . sees 02 03 04] 0.1 08 07] 0.1 03 03 (ea) 01 01
Transportation equipment .........] 08 06 06] -05 05 09 Ol O14 01 &) 07 02
Instruments and related products (Xx) 0.3 03 (X) 0.5 1.0 (xX) Ol 02 (X) 01 0.1
Nondurable goods industries . . toa) 01 01 (e9) Ol 02 fea) 02 03 &® 0.1 01
Food and kindred products & 02 01 &) & & & &) (Xx) &) 01 01
Tobacco products. . &) 03 0.1 (x) (x) (x) &) (x) &) &) 0.0 0.0
Textile mill products . & 05 02 (| (NA) | (NA) (| (NA)] (NA) & 02 ol
Paper and allied product : (xX) 04 02 (xX) (NA) (NA) (X) (NA (NA) (X) 0.5 02
Chemicals and allied products (Xx) 03 02 (xX) (xX) (xX) (xX) (X) (X) (X) 0.2 0.2
Petroleum and coal products (xX) 03 02 (x) (X) (X) (X) (X) (xX) (X) 0.2 02
Rubber and plastics products: - (x) 04 03 &) &) &) «X) &) &) (x) 03 ol
Capital goods industries :
Nondefense : “15 02 03 LS 0.5 07 0.0 0.0 01 (esa) 0.5 0.1
Defense ..... 03 03 05) -18 13 24] 01 01 Ol &) 03 03

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

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

' The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.
? Average for this month for the last five years.
See note at end of table 2 relating to survey variability.


ULURKEN! INVUSIRIAL ROFURIS

ee

ay

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

Manufacturers’ Shipments,
Inventories, and Orders

July 1995
3-1-(95)-17
For Wire Transmissions 10:00 a.m. E.D.T. August 31, 1995

Kathy Menth or Gloria Cable
(301)457-4804 or (301)457-4832

Summary

New orders for manufactured goods in July decreased $3.8 billion
or 1.3 percent to $292.9 billion, the Department of Commerce, Bureau
of the Census reported today. This follows a 0.1 percent June decrease
and is the fifth decline in the last six months. Year to date, new orders
are 8.1 percent above the same period a year ago.

Shipments decreased $5.9 billion or 2.0 percent to $292.8 billion.
This follows a 0.5 percent June increase and is the first decline since
April and the third this year. Year to date shipments are 8.3 percent
above the same period a year ago.

Unfilled orders increased $0.1 billion to $460.1 billion, following,
three consecutive monthly declines. The unfilled orders-to-shipments
ratio was 2.84, up from 2.78 in June.

Inventories increased $2.4 billion or 0.6 percent to $412.5 billion,
following a 0.4 percent June increase, This is the tenth consecutive
monthly increase and the seventeenth in the last nineteen months. The
inventories-to-shipments ratio was 1.41, up from 1.37 in June.

New Orders

New orders for manufactured durable goods in July decreased
$3.4 billion or 2.1 percent to $155.6 billion, revised from the previously
published 1.7 percent decrease. The July decline follows a 0.3 percent
June decrease and is the fifth this year. Nearly three-quarters of the
decrease was due to motor vehicle and parts, which was heavily affected
by the growing industry practice of shutting down for two weeks in
July.

Transportation equipment had the largest decline, $3.0 billion or
8.2 percent to $33.1 billion, mostly due to motor vehicles and parts.
This follows a 1.i percent June decline and is the fifth this year.
Industrial machinery and equipment decreased $2.1 billion or 6.7
percent to $29.8 billion. This follows a 2.4 percent June increase and
is the first decline since April. Instruments and related products
declined $0.4 billion or 3.5 percent to $10.9 billion, the first decline
since March. Electronic and other electrical equipment had the largest
increase, $1.7 billion or 6.4 percent to $28.0 billion, mostly due to
electronic components and accessories. This follows a 1.8 percent June
decrease. Stone, clay, and glass products, up for the third consecutive
month, increased $0.2 billion or 2.3 percent to $7.3 billion.

New orders for nondurable goods decreased $0.4 billion or 0.3
percent to $137.3 billion, the first decline since March. Declines, led
by petroleum and coal products and paper and allied products, more
than offset increases led by textile mill products and tobacco products.

Shipments

Shipments of durable goods in July decreased $5.2 billion or 3.3
percent to $155.6 billion, revised from the previously published 2.7
percent decrease. This follows a 0.8 percent June increase and is the
first decrease since April and the second since, October 1994.
Transportation equipment, down five of the last six months, decreased
$3.2 billion or 8.6 percent to $34.6 billion; led by motor vehicles and
parts, all industries declined. Electronic and other electrical equipment
decreased $0.8 billion or 3.1 percent to $25.6 billion. This follows a
3.2 percent increase in June and is the fourth decline this year.
Industrial machinery and equipment, down for the first month since

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

April, decreased $0.7 billion or 2.1 percent to $30.2 billion. Instruments
and related products, down four of the last five months, declined $0.3
billion or 2.6 percent to $11.1 billion. This follows a 1.5 percent June
decline. Primary metals, down three of the last four monchs, decreased
$0.3 billion or 1.8 percent to $14.7 billion. This follows a 1.2 percent
June decline and is the fourth this year. Stone, clay, and glass products,
up for the third consecutive month, had the largest increase, $0.1 billion
or 1.4 percent to $7.2 billion.

Shipments of nondurable goods, down for the first month since
March, decreased $0.6 billion or 0.5 percent to $137.2 billion.
Petroleum and coal products had the largest decrease, $0.3 billion or 2.6
percent to $12.7 billion, following a 4.1 percent June decrease. Rubber
and plastic products, paper and allied products, apparel and related
products, and textile mill products also decreased. ‘Tobacco products
had the largest increase, $0.2 billion or 7.5 percent to $3.0 billion.
Food and kindred products also increased.

Unfilled Orders

Unfilled orders for durable goods in July increased slightly to
$434.1 billion, revised from the previously published slight decrease.
This follows three consecutive monthly declines and seven consecutive
monthly increases. Electronic and other electrical equipment had the
largest increase, $2.4 billion or 4.6 percent to $54.7 billion; except for
the 0.3 percent June decline, unfilled orders have increased every month
since August 1994, Stone, clay, and glass products increased $0.1
billion or 1.8 percent to $7.8 billion, following a 1.0 percent June
increase. Transportation equipment had the largest decline, $1.5 billion
or 0.7 percent to $195.9 billion. This is the fifth consecutive monthly
decline and the forty-third in the last forty-seven months, Industrial
machinery and equipment decreased $0.4 billion or 0.6 percent to $72.8
billion. This is the first decline since December 1994 and the second
since June 1993. Primary metals, down for the fifth consecutive month,
declined $0.4 billion or 1.6 percent to $27.3 billion.

Inventories

Inventories of durable goods in July increased $2.0 billion or 0.8
percent to $259.4 billion. ‘This follows a 0.3 percent June increase and
is the seventeenth increase in the last nineteen months. Electronic and
other electrical equipment had the largest increase, $0.9 billion or 2.1
percent to $44.7 billion. This follows a 1.2 percent June increase and
is the nineteenth consecutive increase. Transportation equipment, up
four of the last five months, increased $0.3 billion or 0.5 percent to
$59.1 billion, following a 0.8 percent June decline. Industrial
machinery and equipment, up five of the last seven months, increased
$0.3 billion or 0.5 percent to $52.6 billion.

Inventories of nondurable goods in July increased $0.4 billion or
0.3 percent to $153.0 billion, the tenth consecutive monthly increase.
Paper and allied products had the largest increase, $0.4 billion or 2.7
percent to $16.0 billion. Petroleum and coal products had the largest
decline $0.3 billion or 2.6 percent to $10.9 billion. This follows a 1.2
percent June decline and is the second decline in the last ten months.

By stage of fabrication, finished goods increased 0.8 percent in
durables and 0.4 percent in nondurables. Work in process increased 0.6
percent in durables and 1.0 percent in nondurables. Materials and
supplies increased 1.0 percent in durables and decreased 0.1 percent in
nondurables.

The advance report on durable goods for August is scheduled for September 27, 1995 at 8:30 a.m. and the full report on October 4, 1995 at 10:00 a.m. For sale by the Superintendent
of Documents, U.S. Government Printing Office, Washington, DC 20402. This report is also available the day of issue through the Department of Commerce's online Economic Bulletin
Board (N-8-1) (202-482-3870)and through the Census Bureau's online information service-CENDATA. CENDATA is available from Dialog Information Services, Inc. (1-800-334-2564)
and CompuServe (1-800-848-8199). The CENDATA staff at the Bureau of the Census (301-457-1305)can provide content information and general guidance.


Nondefense Capital Goods "1

New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders

Shipments

Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May — Jul
Jul. 1993 - Jul. 1995
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
11 11
New Orders
1Ob-------------------+--- +--+ ee eer e eee —— |410
Shipments

5 ka L n L

n

i

Jul

Sep

Nov

Jan

Mar

May

Jul

Jul.

1993 - Jul.

Sep

Nov

1995

Jan

Mar

May

Jul

Note: All Charts based on seasonally
adjusted current dollars.

U.S. GOVERNMENT PRINTING OFFICE: 1995 388-042/20007


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
July June May | June- | May- | Apr- July June May July | July
1995? 1995" 1995 | July | June | May 193° 1995" 1995 1994 | 95/94
MATERIALS AND SUPPLIES
Alt manufacturing industries... . . 135,868 | 135,168 | 134,147 | +05] +08] +07 | 136,090 | 134,463 | 133,757 | 123,788 +9.9
Durable goods industries ......... 79,196 | 78,441 | 77,927 | +10} 40.7] +06 | 79318 | 77,692 | 77,535 | 71,774] +105
Stone, clay, and glass products 2/837 2/823 2/801 +05] +08] +18 2/853 2,838 2,798 2,553 | +118
Primary metals ©... 2.2... 6.740 | 6,744 6.725 OL] +03] +06] 6,765 6,670 6,554 6079 | +113
Fabricated metal products : 9,004 9,000 9,084 0.0] 09] +09 8,989 8,998 8,953 8,088 | +111
Industrial machinery and equipment 17,654 | 17,477 | 17,746 | +10] -15 | +10 | 177670 | 17294 | 17/868 | 15,903 | +111
Electronic and other
electrical equipment 15,524 | 15,237 | 14,618 | +19] +42 | +405 } 15,741 | 15,167 | 14,689 | 12,204 | +29.0
Transportation equipment . . . . . 10,371 | 10,336 | 10,278 | +03 | +06 -03 | 10,274 | 10,172 | 10319 | 10921 “5.9
Instruments and related products 7.012 97 902 | 406] +10] +05 7,061 "013 95 6717 +51
Lumber, furniture and
miscellaneous durable goods ... . . 10,054 9,854 9773 | +20] +08] +01 9,965 9,540 9,397 9,309 47.0
Nondurable goods industries... . $6,672 | $6,727 | 56,220 01] +09] +09 | 56,772 | 56,771 | 56,222 | 52,014 +9.1
Food and kindred products 10,198 | 10,163 | 10,049 | +03] +11] +08 9,960 | 10,003 9,845 9,701 427
Tobacco products... . . 626 614 4645 | +03 07 -1.0 4399 | 4,413 4,565 4712 -6.6
Textile mill products : 2992 3,014 2/995 07] +06] +05 3,079 3,063 3,094 2,867 +74
Paper and allied products... . . 8,086 8,020 7924 | +08] +25] +425 8,109 8,026 7,838 6,659 | +218
Chemicals and allied products 11,741 | 11,819 | 11,663 07] +13] +06] 11,785 | 11839 | 11716 | 11351 43.8
Petroleum and coal products 3273 3347 331 22) +05 27 3,379 3,475 31447 3,124 +82
Rubber and plastics products... . 5,432 5/426 5347 | 40.1] +15 -03 51444 5373 5,349 4,683 | +163
Apparel, printing and publishing
and leather goods ............. 10,324 | 10,324 | 10,366 0.0] -04} +31 | 10,617 | 10,579 | 10,368 8917 | +19.1
WORK IN PROCESS
All manufacturing industries 133,540 | 132,610 | 132,906 | +07 02 | +06 | 134,548 | 131,668 | 133,912 | 130,863 42.8
Durable goods industries 108,586 | 107,902 | 108,408 | +06] -05 | +05 | 109,447 | 107,351 | 109,562 | 106,930 424
Stone, clay, and glass products . 7362 3336 295 | +19] 432] 429 1398 368 3347 1,065 | +313
Primary metals ©... . : 81244 8,160 8.101 +10] +07] +08 83348 8,095 8114 7,612 49.7
Fabricated metal products 8,015 8,041 7964 03 | +10 0.0 8,049 8,024 8,032 77732 44.1
Industrial machinery and equipment 19,644 19,540 19,492 40.5 40.2 40.9 19,741 19,278 19,625 18,995 43.9
Electronic and other
electrical equipment ........ 16,695 | 16,446 | 16582] +15] -08 -0.2 | 16,895 | 16,386 | 16,894 | 15,487 49.1
Transportation equipment . . . . 40,299 | 40,074 | 40,636 | +06} -14] +11 | 40,483 | 39,757 | 41,086 | 41,52: 2.5
Instruments and related products - 9271 97243 9223 | +03] +02 -14 9,438 9,347 9,288 9,433 40.1
Lumber, furniture and
miscellaneous durable goods . . . . . 5,056 5,062 5,115 -0.1 “10 0.1 5,095 5,096 5,176 5,082 +03
Nondurable goods industries 24,954 | 24,708 | 24,498 | +10} +09] +09] 25,101 | 24317 | 24,350 } 23,933 +4.9
Food and kindred products 4113 4 4,054 00] +14 -0.7 31873 3,833 3,708 3,875 -0.1
Tobacco products ...... 182 184 178 “ll | 434] +47 132 136 135 127 439
Textile mill products... . . - 2,703 2,679 2,653 | +09] +10 0.6 | 2,752 | 2,672 2,704 2,641 +42
Paper and allied products . . - 1481 1413 1376 | +48] 427] +14 1,528 1,445 1,402 1,224 | +248
Chemicals and allied products 5,648 5,559 5482] +16] +14] +19 5,703 5,502 5,561 5/551 42.7
Petroleum and coal products 2161 2277 2381 “5.1 44 | +60] 2,207 2327 2,404 2,389 -76
Rubber and plastics products... . 2)092 2,083 2121 +04 18 | +32 2,057 2,017 2,105 1,822 | +12.9
Apparel, printing and publishing
and leather goods .........- 6,574 6,402 6253 | 427] 424 “ll 6,849 6,385 6,331 6,304 +86
FINISHED GOODS
All manufacturing industries... .. 143,043 | 142,233 | 141,236 | +06] +0.7 | +06 | 143,887 | 142,819 | 144,827 | 132,912 +83
Durable goods industries . . 71,658 | 71,099 | 70,452 | +08] +09] +06] 72,091 | 71,677 | 72,939 | 65,438 | +102
Stone, clay, and glass products, 4247 4211 4182 | +09] +07] +424] 4305 4241 4353, 3,895 | +105
Primary metals - 7014 | 6,996 6915 | +03] +12 “11 7,019 6,961 7,092 6311 | +112
Fabricated metal products : 8611 8,565 8487 | +05] +09] +06 8,742 890 8,891 8,082 48.2
Industrial machinery and equipment 15,282 | 15,301 | 15,082 Ol] +15 | 417] 15311 | 15,248 | 15,412 | 14,002 493
Electronic and other
electrical equipment 12,503 | 12,113 | 12,060 | +32] +04] +18] 12,727 | 12,420 | 12,685 9,999 | +273
Transportation equipment . . - 8399 8/346 8307 | +06} +05 -0.8 8,345 8,031 8,415 7851 +63
Instruments and related products: 5,874 51927 5,721 09 | +36 04 5,904 5,982 5,869 5,975 12
Lumber, furniture and
miscellaneous durable goods . . . 9,728 9640 | 9,698 | +09] -06 0.0 9,738 9,904 | 10,222 9,323 +45
Nondurable goods industries ....... 71,385 | 71,134] 70,784] +04] +05] +06 | 71,796 | 71,142 | 71,888 | 67,474 +6.4
Food and Kindred products 16,565 | 16,736 | 16,931 10} -12 1.0 | 16,212 | 15,738 | 16,283 | 16,493 o17
Tobacco products . . . 48 51 513 “5.5 06 -5.5 463 480 4B 716 | 353
Textile mill products 4,587 4,559 | 4,534. | 40.6] +06) +17 4,665 4,657 4,785 4359 +7.0
Paper and allied products 6,399 6118 5850 | +46] +46] +14 6,463 6,208 6,153 5,640 | +14.6
Chemicals and allied products 18,759 | 18,631 | 18,571 +071 403 | +16 | 18,625 | 18,440 | 18,747 | 17,275 +78
Petroleum and coal products 5,439 5,543 5,585 “19 08 | +03 5,529 5,621 5,696 "387 42.6
Rubber and plastics products 6833 6790 6710 | +06] +12 0.0 6,813 6,859 6,888 6,054 | +125
Apparel, printing, and publishing”
and leather goods ....... 12,321 | 12,247 | 12,090 | +06] +13 | +14] 13,026 | 13,139 | 12,863 | 11,550 | +128

* 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
July June May} June-| May-| — Apr.- July June May July] July
1995? 1995" 1995] July] June} May} ~—1995? 195° 1995 1994] 95/94
All manufacturing industries . 460,066 | 459,979] 461,937 0.0 04 0.0] 461,890] 460,551] 466,720} 450,852 424
Manufacturing industries
without defense capital goods 352,202 | 350,882] 351,763] +04 03} +03] 354,146] 351,455} 355,933] 338,575] +4.6
Durable goods industries 434,057| 434,012] 435,809 0.0 -04 0.0} 435,242] 433,944] 439,928] 426,002] +22
Stone, clay, and glass products . . . 7,760 7,620 7,542 +18 +10 “19 8,095 7,594 7,805 1,746 44.5
Primary metals ©. 2.2.2... 27,349) 27,781 | 28,435 -16 23 24) 27,556] 28.241] 29.514] 26.293] +4.8
Blast furnaces, steel mills . . 11,361 11,446 11,603 -0.7 “14 -0.6 11,429 11,637 12,061 11,091 43.0
Iron and steel foundries 3,639] 3,737) 3,828 -2.6 2.4 33 3,679] 3,750] 3,850] 3,634] +12
Nonferrous and other primary
metals . cece eee 12,349] 12,598] 13,004 -2.0 3 38] 12,448] 12,854] 13,603] 11,568] +7.6
Fabricated metal products ........ 21,435] 21,424] 21,453 40.1 01 +14] 21,585} 21,480] 21,539] 20,794 43.8
Industrial machinery and equipment . | 72,779} 73,212] 72,172 06) +14] +05] 72,145] 72.835] 72,387] 61,295] +17.7
Engines and turbines 10,248} 10,342] 9,850 09] +50] -16] 10,048] 9950] 9317] 9,876) #1.7
Construction, mining and
material handling equipment 7,939 7,898 7,848 40.5 40.6 +14 7,780 7,883 7,981 6,508] +19.5
Metalworking machinery : 1137] 1081} 1158} +05 0.7) +24] 11,137] 11081} 11,158] 9,192] 421.2
Computer and office equipment . . 12,265} 12,487] 11,961 18] +44 -3.7] 12,400] 12,791} 12,434] 9,956] +24.
Electronic and other
electrical equipment ........... 54,686] 52,304] 52,448] +46] 0.3] +23] 55,338] 52,019] 53,625] 46,256] +19.6
Electrical transmission and
distribution equipment and
industrial apparatus ........... 6,026 5,991 6,086] +06 16] +03] 6,035 5,973 6,091 6,039] -0.1
Electric lighting and
wiring equipment . . . . . 3,851 3,806] 3,887] +12 21) +04) 3,851 3,806] 3,887] 3,511] +9.7
Communications equipment 16,716] 16,629] 16,805] +05 -10] 43.6] 16,746] 16,627] 16,789] 14,405] +163
Electronic components ......... | 22,731} 20,485] 20,256) +110] = +1.1]  +2.7] 23,436] 20,375] 21,532] 16,669] +40.6
Transportation equipment ........ 195,862] 197,321] 199,051 0.7 09 -0.4} 195,965} 197,465} 200,014] 206,162}  -4.9
Aircraft, missiles,
space vehicles, and parts. 165,719] 166,528] 168,153 0.5 “10 -0.1} 165,801} 166,793} 169,048] 177,193 64
Shipbuilding and tanks . 17,611 17,940] 18,031 18 -0.5 -18] 17,667] 18,016] 18,084] 16,711 45.7
Instruments and related products 46,080] 46,350] 46,524 -0.6 0.4 09] 45,846] 46,077] 46,269] 48,927] -6.3
Search and navigation equipment 29,522} 30,055} 30,270 “18 -0.7 0.8] 29,290] 29,791] 30,004] 31,995 8.5
Measuring and controlling devices . 10,014 9,757 9,702] 42.6] +06 0.2] 10,014 9,757 9,702 9,230] +85
Medical instruments and supplies 5,695 5710] 5,713 03 0.1 29) 5,695 5,710 3.713] 6.917] -17.7
All other durable goods .......... 8,106] 8,000] 8184) +13 22) 425 8,712] 8,233 8,775 8529] +21
Nondurable goods industries... . . . 26,009] 25,967] 26,128] 40.2] 0.6] 40.2] 26,648] 26,607] 26,792] 24,850) +7.2

” 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
July| June | May | June-| May-} Apr-] July] June] May! July | July

1995" 1995" 1995] July} June} May} 1995" 1995" 1995 1994] 95/94 1995? 1994

All manufacturing industries ... . . | 292,911] 296,754] 297,046] -1.3] -0.1|_ +1.4) 265,394] 315,165] 297,199] 250,853] +5.8]2,063,520]1,912,972

Manufacturing industries
with unfilled orders . . . ++] 162,331] 163,782] 163,741] — -0.9)

i ee 42.9] 145,441} 173,820] 160,734] 134,416] — +8.2] 1,130,771 |1,029,660
without defense capital goods .... . 287,802} 291,392] 291,498] 1.2

+1.2| 261,034] 309,940] 292,840) 246,061 +6.1 | 2,024,920 |1,871,392

ee

Durable goods industries 155,629] 159,031] 159,502] -2.1] -0.3] +2.5] 133,803] 170,775] 159,850] 126,414] +5.8] 1,112,963 ]1,029,834
With unfilled orders. . . . - | 126,756] 128,068] 128,641] 1.0) -0.4]  +3.6] 111,493] 137,275] 126,186] 103,757] +75] 888,835} 812,843
Stone, clay, and glass products ..... 7,345] 7,182] 6,832] +2.3) +5.1)  +7.1] 7,527] 7,572] 7,112] 6,922 +8.71 48,952] 46,040
Primary metals ..... + 14,285] 14,329] 14,455] -0.3) -0.9) -1.1] 12,521] 14,575] 14,356] 11,899] +5.2] 105,557] 91,836
Blast furnaces, steel mills 5,957] 6,063] 6,295] 1.7] -3.7] +1.3] 5,248} 6,131] 6,190] 5,107] +2.8] 45,310] 40,745
Iron and steel foundries 1,218] 1,223] 1,196] 0.4] +23) -7.6 953] 1,305} 1,226] 1,054) -9.6) 9,229] 8,745
Nonferrous and other primary

metals............ vevesef 7L10] 7,043] 6,964] 1.0] +11) -2.1] 6,320] 7,139} 6,940) 5,738] +10.1] 51,018] 42,346
Fabricated metal products ........| 15,753} 15,613] 16,011] +09]  -2.5] +1.7] 14,170] 16,573] 16,267] 13,753] +3.0] 110,615} 104,777
Industrial machinery and equipment . | 29,807] 31,934] 31,180] -6.7] +24) +2.9} 24,966] 36,142] 30,704] 24,720] +1.0| 214,904} 193,463

Engines and turbines .......... 1,648] 2,213} 1,821] -25.5] +215] -4.9f 1,320) 2,585} 1,690] 1,431] -7.8} 11,840] 11,693

Construction, mining and
material handling equipment... .
Metalworking machinery

3,291 3,254) 3,258) +11 0.1) +4.5) 2,838 3,384) 3,291 2,430) +16.8 23,259} 19,622
3,484) 3,374) 3,560) +3.3 5.2) -14) (2,881 3,691 3,494) 2,538) +13.5 24,050} 20,652

Computer and office equipment ...| 8215] 9,245] 8,331] -11.1| +11.0] +18) 6,072] 11,847 7812] 6,182 -1.8] 56,677] 50,504
Electronic and other
electrical equipment ........... 28,004] 26,310) 26,796] +64) -1.8) +4.1] 25,943) 27,241] 25,901] 20,133) +289] 181,283] 151,814

Electrical transmission and
distribution equipment and
industrial apparatus ........... 2,884] 2,842) 2,824 +1.5]  +0.6] +15] 2,589] 3,122} 2,802] 2,369] +9.3] 20,145] 18,355
Electric lighting and
wiring equipment .......
Communications equipment
Electronic components . .

Transportation equipment
Aircraft, missiles,

space vehicles, and parts.
Shipbuilding and tanks . .

1,922] 1,783) 1,913] +7.8] 6.8) -0.6} 1,614) 1,875) 1,899) 1,590 +15 13,270} 12,305
6,130] 6,337) 6,611 73.3) All +114) 5,173) 7,222| 6,168) 4,215} +22.7 41,619] 31,554
12,270} 10,231] 10,139] +19.9] +0. +14) 12,223] 9,708} 9,970] 7,409} +65.0 72,851 55,327
33,120] 36,082) 36,499] -8.2 -1.1] +3.0) 23,484) 39,335] 37,905} 23,325 +0.7] 260,412} 258,000

7,288] 6,840) 8,200] +6.5] -16.6) +22.4) 6,117) 7,563} 7,140] 4,055] +50.9 52,418} 51,085
479) 765) 509) -37.4] +503) +55.2) 414) 839) 510} 820) -49.5 4,571 4,418

Instruments and related products . . 10,869] 11,263] 11,167] -3.5] +09] +0.7| 9,682) 12,344] 10,897] 10,195] -5.0)_ 76,203] 72,187
Search and navigation equipment 1,847] 2,236 2,286] -17.4]  -2.2)  -5.2| 1,583) 2,466] 2,024] 2,572) -38.5] 14,798] 14,531
Measuring and controlling devices 3,766] 3,733] 3,640] +09] +2.6 +4.8] 3,324] 4,002 3,637] 2.917] +14.0| 25,438] 22,189
Medical instruments and supplies .| 3,039] 3,087] 2,984] -1.6] +3.5] +1.7] 2,779) 3,378) 2,917] 2,815] -1.3] 20,758] 19,970

All other durable goods .......... 16,446] 16,318] 16,562] +0.8} -1.5] +1.81 15,510] 16,993) 16,708] 15,467] +03) 115,037} 111,717

Nondurable goods industries . . .

137,282} 137,723] 137,544) -0.3]  +0.1 0.0} 131,591] 144,390] 137,349] 124,439) +5.7] 950,557} 883,138
With unfilled orders .

35,575] 35,714] 35,100] -0.4) +1.7} +0.6} 33,948] 36,545] 34,548] 30,659] +10.7) 241,936] 216,817

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

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

Note: Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error,
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Further
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(92),
“Manufacturers’ Shipments, Inventories, and Orders: 1982-1992."


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

July| June] May | June-} May-| Apr-| July] June] May] July | July
19957] 1995'| 1995] July] June] May} 19957] 1995} 1995] 1994] 95/94] 1995" } 1994
All manufacturing industries .. . . . | 292,824| 298,712] 297,093] -2.0] +0.5] +0.6] 264,055] 321,334] 298,324] 250,532] +5.4]2,053,398 1,900,478

Manufacturing Industries

with unfilled orders... . .| 162,244] 165,740] 163,788] -2.1] +12) +1.5} 144,102] 179,989] 161,859] 134,095] +7.5] 1,120,649 1,017,166
without defense capital goods . . . | 286,482] 292.273] 290,464] -2.0] +0.6| +0.6| 258,343] 314,418] 291/964] 244,368] — +5.7]2,009,437]1,854,037

Durable goods industries 155,584] 160,828] 159,612) -3.3] +0.8|  +1.0} 132,505] 176,759] 161,166] 126,385 +4.8] 1,105,169 |1,021,459

With unfilled orders + «s+? 126,711} 129,865] 128,751 2.4! +0.9}  +1.7] 110,195] 143,259} 127,502] 103,728) +6.2] 881,041] 804,468
Stone, clay, and glass products sees 7,205| 7,104! 6,981} +14) +1.8) +5.4) 7,026) 7,783 7,056} 6,558) +71 48,371] 45,113
Primary metals -++] 14,717] 14,983] 15,169) -1.8) 1.2] +1.6] 13,206) 15,848] 15,519] 11,650) +13.4] 105,860] 87,091

Blast furnaces, steel mil 6,042] 6,220] 6,370] 2.9] -2.4) +16] 5,456] 6,555] 6,544] 5,205] +4.8] 44,532] 39,366
Iron and steel foundries ........| 1316 1314] 1,326] +0.2| -0.9} +49) 1,024] 1,405] 1,387] 935] +9.5] 9,237) 8,154
Nonferrous and other primary

metals... eee eee eee 7,359] 7,449] 7,473] -1.2| -0.3) +1.2] 6,726] 7,888) 7,588} 5,10] +22.1] 52,091] 39,571

Fabricated metal products .- | 15,742] 15,642] 15,719] +0.6 -0.5] +02) 14,065] 16,632} 16,044) 13,509) +4.1} 109,522] 104,029
Industrial machinery and equipment . 30,240] 30,894) 30,816} -2.1]  +0.3} +2.1] 25,656] 35,694] 30,237) 23,495 +9.2| 209,955} 185,146

Engines and turbines .... . . [1,742] 1721] 1984) +12] 13.3) -1.7] 1,222] 1,952) 1,928] 1,202) +1.7} 12,416] 11,956
Farm and garden machinery .....| 1,843) 1,789] 1,726] +3.0) +3.7] -5.6] 1,375] 1,816] 2,068] 1,334] +3.1) 14,164} 13,400
Construction, mining and

material handling equipment ... . 3,250] 3,204] 3,153] +14] +16] 42.01 2,941] 3,482) 3,263) 2,513} +17.0) 22,478] 18,905
Metalworking machinery ...... 3,428] 3,451] 3,303 -0.7| +4.5]  -2.01 2,825] 3,768) 3,237] 2,472| +143] 22,490] 18,795
Computer and office equipment... | 8,437] 8,719] 8,790} -3.2] -0.8} +70] 6,463 11,490] 7,653) 5,646) +14.5] 55,477] 47,799

Electronic and other

electrical equipment ...... ...] 25,622] 26,454] 25,627] 3.1] 43.2} +3.1] 22,624] | 28,847] 24,951] 20,290] +11.5] 172,077] 149,996

Electrical transmission and
distribution equipment and

industrial apparatus... . . .....] 2,849} 2,937] 2,803] -3.0] +4.8) +21) 2,527] 3,240] 2,788] 2,353] +7.4] 19,856] 18,086
Household appliances ..........| 1,835] 1,875] 1.875] -2.1] 0.0) +2.6 1,756] 2,140] 1,905] 1,803) -2.6} 13,079] 12,996
Electric lighting and

wiring equipment ........... 1,877] 1,864] 1,899] 40.7) -1.8|  -1.4, 1,569] 1,956] 1,885] 1,529] +2.6] 13,062] 12,031

Household audio and
video equipment
Communications equipment
Electronic components .
Transportation equipment . .

1,176} 1,133) 1,145] +3.8] 1.0) +19) 1,058) 1,006) 947) 948] +116 6,915 6,169
6,043) 6,513! 6,023) +72) +81) 42.1 5,054) 7,384) 5,655] 4,354) +16.1 39,877} 32,181
10,024] 10,002) 9,613] +0.2] +4.0) +5.6) 9,162] 10,865 9,590 7,373) +243 65,347] 53,762
34,579] 37,812] 37,332] -8.6) +1.3]  -2.1) 24,984] 41,884} 39,559] 25,997) -3.9] 267,621] 265,314

Motor vehicles and parts .......| 23,756] 26,141] 25,989] -9.1] +0.6] -1.9) 15,372] 28,813] 28,576] 16,392] -6.2] 189,533] 188,575
Aircraft, missiles,
space vehicles, and parts. .....| 8,097| 8,465] 8,301 42.0) -5.4 7,109] 9,818] 7,846) 7,291] 2.5} 57,509] $7,917
Shipbuilding and tanks ...... 808] '856] 847 +11] +30) 763] 907] 854) 807] -5.5] 5,843] 7,003
Instruments and related products ....| 11,139] 11,437] 11,609] -15] +29] 9,913] 12,536] 11,568] 9,795] +12] 78,375] 74,654
Search and navigation equipment .| 2/380] 2,451] 2,523 29 3.4] 2,084] 2,679] 2;501] 2,306) -9.6] 17,215] 16,826
Measuring and controlling devices .} 3,509] 3,678} 3,660 +05] +75] 3,067} 3,947] 3,657] 2,806] +9.3| 24,673] 21,791
Medical instruments and supplies. .] 3,054] 3,090] 3,155 -2.1) +56 2,794] 3:381] 3,088] 2,775] -+0.7) 21,355] 20,509
Photographic goods ......... 1,787] 1,801] 1,859) 3.1) 02] 1,569] 2,070} 1,898] 11572] -0.2] 12,304] 13,000
All other durable goods ..........| 16,340] 16,502) 16,359 +0. +0.3] 15,031] 17,535} 16,232) 15,091] -0.4] 113,388] 110,116

Nondurable goods industries . . . . 137,240] 137,884] 137,481
With unfilled orders... . ». | 35,533] 35,875] 33,037
Food and kindred products ........] 36,155 36,009] 35,743
Meat products . . : 8,439] 8,280] 7.986
Dairy products 4,567| 4,588] 4,613

+03} +0.1) 131,550] 144,575] 137,158] 124,147] +60] 948,229] 879,019
42.4) +1.) 33,907] 36,730) 34,357] 30,367] +11.7] 239,608] 212,698
40.7} -1:5| 34,509] 37,163] 35,752] 33,698] +24] 247,806] 243,457
43.7] 46] 8346] 8,524] 8,169 7,946] +50] 56,706] 55,495
+05] -1.0| 4,476] 4,825] 4,690] 4,488] 0.3} 32,565] 32,157
Beverages . . . 5,367] 5,339] 5,312 +05] -07| 5609] 6,163] 5,782| 5,426] +3.4] 37,386] 36,385
All other foods, except fats and ils. 16,073] 15,979} 16,049) 0.4} +0.1] 14,369] 15,828] 15,328] 14,190) +13} 107,930] 106,784
Tobacco products... . 2,966] 2,758] 2,980] -74 1.6 2841] 2,899] 3,120] 2,516] +12.9} 19,897] 18,631
Textile mill products . . . 6.169] 6267 6.301] -1.6f -0.5] +03] 5,448] 6.933] 6,296] 5,511] -1.1} 43,188] 41,750
Broadwoven fabrics and
other textiles .... o
Paper and allied products
Pulp, paper, and

3,742) 3,849] 3,886} -2.8] -1.0]  -0.5) 3,192] 4,199} 3,979} 3,317) 3.8 26,921} 26,016
14,016] 14,220] 14,003} -1.4] +1.) +2.4] 13,710] 14,878) 13,932] 11,144] +23.0 95,678} 76,875

paperboard mill products . . . 6,169 6,235 6,140] -1.1] +15] +17] 6,101 6,482! 6,111 4,457) +369} 41,674) 30,359
Paperboard containers and boxes . . 3,629 3,750] 3,753) -3.2| 0.1) +4.8] 3,509] 3,910) 3,806] 2,906] +20.8 25,512} 19,914
Miscellaneous converted

paper products ....... sees 4,218 4,235) 4,110} -0.4) +3. +13) 4,100] 4,486] 4,015! 3,781 48.4 28,492) 26,602

Chemicals and allied products
Industrial chemicals .

30,748} 30,706) 30,441] +0.1] +09) +1.5} 29,012] 32,794] 30,743] 26,746) 48.5] 215,213] 195,399
. 16,576] 17,037] 16,840} -2.7] +12) +1.8] 15,963) 18,113] 17,051] 14,515} +10.0) 118,777] 101,488

Drugs, soaps, and toiletries 10,321} 10,169] 10,233] +15 -0.6 +0.7} 9,506} 10,659] 9,440] 9,334) +18 69,832] 69,052
Petroleum and coal products . 12,674) 13,016] 13,573] -2.6 4 0.0] 13,225] 14,086} 14,000} 12,873 42.7 89,883} 80,546
Rubber and plastics products . . . 9,665, 9,870) 10,077} -2.1 -2.1)  +0.3) 8,835} 10,722] 10,373) 8,659] 42.0 70,474) 65,231
All other nondurable goods ..... 24,847] 25,038] 24,363] -0.8) +2.8) -0.4] 23,970] 25,100] 22,942] 23,000) +42) 166,090] 157,130

* 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.