Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July{  Aug-| — July-] June- Sept. Aug. July Sept.} Sept.
1998” 1998" 1998} Sept} Aug.| July 1998” 1998" 1998 1997] 98/97
All manufacturing industries . . . 468,642] 468,445 | 467,636 0.0] +02] 40.2] 467,790] 471,596] 469,220} 451,811] — +3.5
Manufacturing industries
with unfilled orders ........... 315,273] 314,994] 313,620 +01 +0.4 +0.2] 314,740] 318,882] 316,461] 300,725 44.7
without defense capital goods 449,852] 449,439] 448,801] 40.1) 40.1) +0.1| 448,752] 452,163] 450,000] 434.621 43.3
Durable goods industries 297,016 | 296,913] 295,669 0.0} +04} 40.2} 296,212} 299,838] 297,154] 283,984] +43
With unfilled orders se 273,500 | 273,472] 272,043 0.0} +05] 40.1] 272,896] 276,614} 274,042] 260598] +47
Stone, clay, and glass products . 9,238 9,164 9112] +08] +06 0.0 9,043 9118, 9,176 8,867} — +2.0
Primary metals... : 24,929} 24,859! 24,763| +03] +04) 40.6] 24,905] 24.933] 24851] 24333] 42.4
Blast furnaces, steel mills . 12,428 12,437 12,335 0.1 +0.8 +14 12,460 12,485 12,349 11,731 +62
Iron and steel foundries 1,569 1,583 1,570 09 40.8 +0.5 1,540 1,556 1,557 1,541 0.1
Nonferrous and other Primary
metals... . 10,932] 10,839] 10,858] = +0.9 -0.2 02] 10,905] 10,892] 10,945] 11,061 “14
Fabricated metal products 31,047] 30,944] 30,939] +03 0.0/ +06) 30,839] 30970} 31,152] 29131] +59
Industrial machinery and equipment 61,006] 60,958] 60,903] +0.1] 40.1 0.01 60,458} 61,693] 61,030} 59,209] 42.1
Engines and turbines 3,987 4,135 4,179 “3.6 Ld] 42.5 4,014 4,320 4,196 4,048 -0.8
Farm and garden machinery 3,786 3,733 3688) +14] +12] +16 3,545 3,486 3,431 3,235] +9.6
Construction, mining and
material handling equipment 8,781 8,753 8,711 +03 +05 40.3 8,685 8,692 8,653 7,828]  +10.9
Metalworking machinery .... . 7,999 7,925 7761) +09) +21] +24 8,103 8,285 7,980 7,332} +105
Computer and office equipment . 9,298 9,464 9,625 “18 “17 4.2 9,074 9,984 9891] 10,862] 16.5
Electronic and other
electrical equipment a 40,377] 40,526] 40,345 04 +0.4 1.2] 40,143 41,197] 40,866] — 39,807 40.8
Electrical transmission and
distribution equipment and
industrial apparatus . 5,275 5,275 $5,283 0.0 0.2 “04 3,241 5,309 5,299 5,603 “65
Household appliances .......... 2,391 2378 2,363] +05] +06] +16] 2.285 2,342 2,364 2,336 22
Electric lighting and
wiring equipment . . . . 3,507 3,486 3,458] +06] +08} © 41.6 3,463 3,561 3,544 3313] +45
Household audio and
video equipment 1,055 1,014 980} +40] 435] +43 11 1,109 1,060 1102] +08
Communications equipment | 10,290} 10,385} 10,407 0.9 02 10,263] 10,596] 10,491] 10,534 -26
Electronic components . . . . 14,266] 14398] 14,317 0.9{ +06 33] 14,168] 14,547] 14,448] 13,296] +6.6
Transportation equipment 75,636{ 75,812} 75,032 0.2] +10] +06] 76,016] 76,819} 75,256] 69.911 +87
Motor vehicles and parts . 16,710} 16,511} 16,790] +1. “17 -15] 16,894] 16,842] 17,022] 16,863] +0.2
Aircraft, missiles,
space vehicles, and parts 53,291] $3,572] 52,529 -0.5 +12] 53,503] 54,179] 52,504] 47,923] +116
Shipbuilding and tanks . 1,876 1,844 1,739 +17 22 1,871 1,828 1,729 1,600} +169
Instruments and related products . 26,575| 26,651] 26,659 03 -O.1} 26,582} 27,121} 27,010) 23,973] +23
Search and navigation equipment 6,717 6721 6,773 -0.1 +04 6,716 6,890 6,988 6,499] +33
Measuring and controlling devices . 8,022 8,092 8,033 09 -18 7,982 8,212 8,127 7,960} +03
Medical instruments and supplies 8,517 8,503 8526] +02 +11 8,458 8,614 8,554 8,237] +2.7
Photographic goods .. . 2,618 2,629 2,622 0.4 0.0 2,734 2,695 2,634 2,637 43.7
All other durable goods 28,208] 27,999] 27.916] +0.7 +0.8] 28,226] 27,987] 27,813] 26,753] +55
Nondurable goods industries . . . . 171,626 | 171,532] 171,967 40.2] 171,578] 171,758} 172,066] 167,827] +2.2
With unfilled orders... . 41,773} 41,522] 41,577 +06] 41,844] 42,268] 42,419] 40,127] +43
Food and kindred Products: : 37,096] 37,115] 37,424 0.0} 37,975] 36,828} 36,333) 37,314] +18
Meat products . . 4,036 4,040 4,083 -0.1 3,987 3,956 4,087 3,885] +26
Dairy products . . . 3,761 3,775 3,786 +14 3,745 3,844 3,926 3,384] +10.7
Beverages .. 8,140 8,183 8,190 +0.8 8,292 7,993 7,987 7,992]  +3.8
All other foods, except fats and oils 19,301] 19.289] 19,467 0.7] 20,236] 19,368} 18,521] 20,579 “17
Tobacco products : 5,686 5,563 5,665 0.9 5,555 5,234 5,210 5,553 0.0
Textile mill products . . . 10,310 10,245 10,285 +03 10,114 10,317 10,428 9,997 +12
Broadwoven fabrics and.
other textiles... . 6,416 6,370 6393] +07 04} +06 6,266 6,389 6,461 6138) +21
Paper and allied products . . 16,682} 16,643] 16,584) 40.2) +04] =+0.5] 16,506] 16,602] 16513) 15,845] 442
Pulp, paper, and
Paperboard mill products 6,732 6716] 6,711} +02} +01] +02 6,668 6,704 6,648 6,425] +38
Paperboard containers and boxes 4341 4,343 4,328 0.0 +03 40.4 4,308 4,320 4,327 3,889]  +10.8
Miscellaneous converted
Paper products . . . 5,609 5,584 5545] +04] 40.7] +10 5,530 5,578 5,538 5,531 0.0
Chemicals and allied products 46,323] 46,535] 46,382 05 40.3 40.7] 45,748] 46,489] 46,483 42,656 472
Industrial chemicals ...... 20,245} 20,330] 20,381 -04 -03 -0.1] 20,137] 20,284] 20,393) 19,879} +13
Drugs, soaps, and toiletries 20,387) 20,504] 20,441 0.6} +03) +12] 20,210] 20,806) 20,783} 17,775] 413.7
Petroleum and coal products 10,629] 10,759] 10,906 +12 -13 0.3) 10,721] 10,828] 11,066] 12,791] -16.2
Rubber and plastics products 16,662] 16,699] 16,650 02} +03 -0.3] 16,308] 16,508] 16,646] 16,018] +18
All other nondurable goods 28,238} 27,973} 28,071] +09 0.3) +04] 28,651] 28,952] 29,387] 27,653] +36

° Preliminary. ‘ Revised.

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


10

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

380 380
New Orders

360 F- - -- rr rrr rd Shipments |} 360

340 340

320

300

320

300

280 bet n L L n L L n n L 1 L Ll 280

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1996-Sep. 1998

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 3.9
2.4 “wos }-] 3.8
2.3 3.7
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
1.3
1.2

2.8
2.7
n n L i L L l L l L L n rIo6
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep

Sep. 1996 - Sep. 1998

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
Sept. Aug. July | Aug- | July- | June- Sept. Aug. July Sept. | Sept.
1998" 1998" 1998 | Sept. | Aug. | July | 1998" 1998" 1998 1997 | 98/97
UNFILLED ORDERS
All manufacturing industries ..... | 530,167 | 530,359 | 528,989 00] +03 -0.1 | $24,843 | 529,830 | 531,291 | 519,365 +
Market categories :
Automotive equipment ......... | 2,295 | 2,314 | 2,358 08] -19] 28] 2271 2,351 2,361 2,550 | -10.9
Home goods and apparel ....... 8,385 8219 | 8007 | +20] +26] -27 8,600 8,526 8,418 | 9,092 4
Consumer staples : 2311 2279 | 2288 | +14] -04] 432] 2,453 2,655 2,739 | 2377 432
Machinery and equipment -». | 250,396 | 248,931 | 245,443 | +06 +14 -0.2 | 249,522 | 248,666 | 245,501 | 229,547 48.7
Business supplies... . . sees] 6891 6868 | 6922] +03] -o8 | +06] 6957] 7,200] 7,307] 6,826 +19
Construction materials
and supplies seveeesssss | 17,683 | 17,996 | 18,129 7] 0.7 -04 | 17,660 | 18,051 | 18,274 | 17,596 +04
Defense products ....... ee 92,250 | 91,634 | 93,267 | 40.7] -18 -0.9 | 90,346 | 90,059 | 92,775 | 97,443 .
Other materials, supplies and
and intermediate products ... . . 149,956 | 152,118 } 152,575 14 -0.3 +0.7 | 147,034 | 152,322 | 153,916 | 153,934 4.5
Durable goods industries :
Nondefense capital goods” ...... | 267,008 | 266,583 | 262,434 | +02] +16] -02 | 266,185 } 265,781 | 261,837 | 249,104 +69
Excluding aircraft and parts + | 108,332 | 105,379 | 104,309 +28 | +10 -0.4 | 107,509 | 104,577 | 103,712 | 101,084 +6.4
Defense capital goods‘ ........ 97,087 | 96616 | 98371 | +05] -18 -1.0 | 95,147 | 95,006 | 97,894 | 102,165 69
Durables excluding capital goods . | 141,762 | 142,914 | 143,793 0.8 0.6 +09 | 139,148 | 144,064 | 145,837 | 141,806 -19
Miscellaneous series :
Producers’ durable equipment .... | 289,477 | 287,265 | 284,823 | +08] +09 -0.4 | 288,666 | 287,287 | 284,951 | 268,399 47.6
Household durable goods ....... 5,343 5,233 5,092 | +21] +28 48 | 5,530 5,415 5,260 6227 | -11.2
Information technology industries . | 40,073 | 39,815 | 40,103 | +06] -0.7 -0.8 | 40,036 | 39.977 | 40,323 | 38,869 43.0
Health care equipment
and products ....... sees 9,723 | 9,639} 9646} +09} 01] +40] 9,572] 9,682 | 9,661 7,963 | +20.2
TOTAL INVENTORIES
All manufacturing industries ++ | 468,642 | 468,445 | 467,636 0.0] +02 | +02 | 467,790 | 471,596 | 469,220 | 451,811 43.5
Market categories :
Automotive equipment ......... | 8,338 | 8,330 | 8,535 | +01 24 0.0 | 8,393 8,555 8,630 | 8,444 -0.6
Home goods and apparel ...... 32,087 | 31,724 | 31,564] +11} +05 | +08 | 32,056 | 32,355 | 32,501 | 30,571 +49
Consumer staples 72,491 | 72,611 | 73,016 02] -06 | +03 | 73,093 | 72,505 | 72,164 | 71324 42.5
Machinery and equipment ....... | 120,570 | 120,861 | 119,846 02] +08] +04 | 119,974 | 122311 | 119,920 | 114,675 +46
Business supplies ............. | 28364 | 28,140 | 28,210 | +08] -02| +06] 28568] 28490 | 28.621 | 27,498 439
Construction materials
and supplies .............2. 28,821 | 28,752 | 28,542 | +02] +07] +06 | 28,583 | 28,760 | 28,666 | 27,974 42.2
Defense products ++} 18,518 | 18,740} 18,573 12] +09] +22 | 18,706 | 19,105 | 18,898 | 16,966 | +103
Other materials, supplies and
and intermediate products . . . . 159,453 | 159,287 | 159,350 | +0.1 0.0 | 0.4 | 158,417 } 159,515 | 159,820 } 154,359 +26
Durable goods industries :
Nondefense capital goods * ...... | 112,720 | 112,969 | 111,963 +0.9 | 40.1 | 112,263 | 114,503 | 112,277 | 108,050 43.9
Excluding aircraft and parts : 71,740 71,949 71,834 $0.2 0.2 71,298 73,188 72,464 71,160 +0.2
Defense capital goods * . . . 18,790 | 19,006 | 18,835 +09 | +422 | 19,038 | 19,433 | 19220] 17,190] +108
Durables excluding capital goods. | 165/506 | 164.938 | 164871 0.0 0.0 | 164,911 | 165,902 | 165,657 | 158,744 43.9
Miscellaneous series :
Producers’ durable equipment . 193,184 | 193,215 | 192,212 00] +05 | +03 | 192,416 | 195,391 | 193,150 | 184,532 +43
Household durable goods . . 16,393 16,164 16,041 +14 +08 +14 16,375 16,459 16,351 15,156 +8.0
Information technology industries . | 32,700 | 33,013 | 33,119 09} 03 -2.0 | 32,473 | 33,956 | 33,680 | 34,218 “5.1
Health care equipment
and products ............... 19,561 | 19,613 | 19,601 03] +01 | +11 | 19,406 | 19,883 | 19,812 | 17,885 +85

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


rs

6
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

Sept.| Aug. July | Aug-] July-| June-|  Sept.| Aug July] Sept.] Sept.
1998? 1998" 1998 | Sept. | Aug. July} 1998" 1998" 1998 1997 | 98/97 1998" 1997

SHIPMENTS

All manufacturing industries +++ | 339,412] 336,445] 335,380] +0.9) +0.3} +0.1] 363,202] 337,377] 302,131] 356,369 +1.9] 3,017,139 [2,923,353

Market categories :
Automotive equipment .. . -| 15,116] 14,777] 13,344) +23) +10.7) +1.0} 16,290] 15,005} 8,370] 15,062: +8.2] 128,112] 125,410
Home goods and apparel 18,848] 18,928] 19,329] -0.4] -2.1] +1.8} 21,252] 20,034] 17,945] 21,421| — -0.8] 169,844] 163,315
Consumer staples . . . : 69,801] 69,369] 69,212] +0.6] +0.2!  -0.5] 73,746] 70,871] 67,118} 71,651] +2.9] 618,337] 601,115
Machinery and equipment . 66,122] 63,815] 63,235] +36] +0.9] -2.0] 72,807] 60,645] 52,850] 67,385] +8.0| 569,445] 524548

Business supplies... . . 25,314] 25,432) 25,623) -0.5] -0.7] +04) 26,416] 25,674] 24,196] 26,691] 1.0} 228,093] 224,640
Construction materials

and supplies ........ -+++-{ 21,709] 21,656] 22,063] +0.2] -1.8] +1.0] 23,233) 22,766] 21,640} 23,145] +0.4] 195,213] 190,072
Defense products... 2... +] 6,828) 6,975] 6,792] -2.1]  +2.7] 42.2) 7,358} 6,784] 6,027] 6,912|  +6.5{ 60,968] 58,278
Other materials, supplies and

and intermediate products... . . . 115,674] 115,493] 115,782] +0.2] -0.2} +0.9} 122,100] 115,598] 103,985] 124,102| —_-1.6] 1,047,127]1,035,975

Durable goods industries :

Nondefense capital goods . . . 53,044) 51,222) 51,316] +36] -0.2) -2.1] 59,497] 47,823) 44,305] 55,042] +8.1] 456,363] 414,171

Excluding aircraft and parts. 44,761] 43,715] 44,124] +241 -0.9]  -2.0) 50,613] 40,798] 37,828] 47,435] +6.7] 389,600] 355,124
Defense capital goods‘ ...... 6,526] 6,688} 6,495] -2.4] +3.01 43.0) 7,043) 6,462] 5,691] 6,524] +8.0| 57,881] 54,905

Durables excluding capital goods . | 132,499] 130,879] 129,096] +12] +14] +10] 141.913 131,773 108,996 138,556] +2.4] 1,169,083 |1,132,698

Miscellaneous series
Producers’ durable equipment . .. . | 125,489] 122,178] 120,398] 42.7] +1.5]  -0.2} 136,905] 119,098] 97,546] 128,916] +6.2| 1,087,763 ]1,023,616
Household durable goods ... . 9,280] 9,247] 9,629] +04]  -4.0] +1.6 10,593] 9,288} 8,281] 10,620] -0.3] 82,899] ° 77,365
Information technology industries 25,160] 24,628) 24,835] +221 -0.8} 1.8! 29,875] 22,636] 20,382] 27,703] +7.8] 216,928] 197,143
Health care equipment

and products ........... +} 12,216] 11,895] 11,962] +2.7] 0.6) -2.4) 13,513) 11,654) 11,130] 12,480} +8.3) 106,088} 97,582
NEW ORDERS
All manufacturing industries... . . | 339,220] 337,815] 334,821] +0.4| +0.9]  +1.1] 358,215] 335,916] 306,253] 352,126| +1.7] 3,010,424 [2,933,766

Market categories :
Automotive equipment
Home goods and apparel
Consumer staples ...

15,097} 14,733) 13,276] +2.5] +11.0) +0.5] 16,210} 14,994) 8,363) 14,985) 48.2] 127,896] 125,638
19,014] 19,141] 19,105} -0.7} +0.2) +04) 21,327) 20,143} 17,919] 21,510) 0.9} 169,888] 165,259
69,833} 69,360] 69,283} +0.7/ +0.1 -0.5] 73,545] 70,786] 67,646] 71,446 42.9] 618,742] 601,407

Machinery and equipment .. . . 67,587) 67,303) 62,709) +0.4) +73) 1.2] 73,663] 63,811} 52,752) 66,901] +10.1] 576,225] 528,966
Business supplies .......... +] 25,337] 25,378] 25,666} —-0.2| Ll} 40.1] 26,173) 25,567] 24,501) 26,359} 0.7] 228,618} 224,979
Construction materials

and supplies ...............] 21,396] 21,523] 21,986] -0.6 -2.1) = +0.9) 22,842} 22,543) 21,569) 23,083) 1.0} 195,247] 191,260

Defense products . . on 7,443] 5,342] 5,901] +39.3 9.5) 3.4) 7,645] 4,068 4,423 5,687] +34.4 53,769} 50,720
Other materials, supplies an
and intermediate products + | 113,513] 115,035] 116,895 -13) 1.6) +4.1] 116,810} 114,004] 109,080} 122,155 ~4.4] 1,040,039 |1,045,537

Durable goods industries :
Nondefense capital goods * . 53,469} 55,371} 50,763} -3.4)  +9.1) 0.6] 59,901] 51,767] 43,832] 54,923) +9.1) 461,332] 416,104
Excluding aircraft and parts 47,714) 44,785) 43,708) +6.5}  +2.5) -1.6] 53,545] 41,663) 37,492] 48,410) +10.6] 393,937} 359,988

Defense capital goods * 6,997) 4,933 5,522] +41.8) -10.7] -24) 7,184) 3,574) 3,919) 5,382] +33.5 50,812} 47,366

Durables excluding capital goods : 131,347} 130,000] 130,332] +1.0} 0.3} +3.2) 136,997} 130,000) 114,886] 136,124) +0.6| 1,165,329 }1,147,054

Miscellaneous series : |
Producers’ durable equipment 127,701 124,620} 119,173 +2.5| +4.6 -0.3] 138,284) 121,434] 97,641] 128,171] +7.9] 1,093,315 1,031,620
Household durable goods . . . 9,390] 9,388] 9,373) 0.0) +02) -1.4 10,708] 9,443) 8.249] 10,715] 0.1] * 82,646] | 79,138
Information technology industries: | 25,418] 24,340] 24/505] +44] 0.7] -4.1] 29.934] 22.290] 20212| 27.372] +9.4] 218994] 199803 |
Health care equipment

and products ........ 2... -| 12,300] 11,888) 12,336] +3.5] -3.6 -0.5] 13,403] 11,675] 11,864] 12,326] +8.7] 107,196] 97,989

Preliminary. ' Revised.
' Topical series are regroupings of the separate industry categories.
? Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.
> Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and material
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and service

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

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

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Sept. Aug. July June Sept. Aug. July June
1998? 1998" 1998 1998 1998" 1998" 1998 1998
All manufacturing industries... . . 138 139 139 139 271 2.74 2.72 2.74
Durable goods industries... ... _ 155 157 1.58 158 3.19 3.24 3.23 3.24
Stone, clay, and glass products... | 14 114 112 113 0.83 0.84 084 0.84
Primary metals ©. ....... sete 1.66 1.65 1.65 1.64 2.05 2.10 2:16 2.19
Fabricated metal products |. : 1:53 154 152 156 1:38 1.40 ral 1:46
Industrial machinery and equipment 1.66 1.66 161 161 2:19 211 2.04 2.04
Electronic and other
electrical equipment . . 1.25 130 1.29 1.32 1.84 1.88 1.89 1.86
Transportation equipment . . | : 1.64 171 1°85 1:83 9.77 10.35 11.00 10.80
Instruments and related products . . 1.88 1.94 1.90 1:88 339 351 3.47 3.43
Nondurable goods industries... .. 1.16 1.16 1.16 11S 0.66 0.65 0.64 0.65
Food and kindred products... |... 0.90 0.90 092 0.92 (X) (X) (X) (X)
Tobacco products. .......... 1.63 1.60 1.64 161 (X) (X) (X) (X)
Textile mill products... 0...) |) 137 1.53 1.48 154 (NA) (NA) (NA) (NA)
Paper and allied products |<: | 126 121 119 119 (NA) (NA) (NA) (NA)
Chemicals and allied products 1.43 1.45 1.43 1.40 &) (xX) (X) (X)
Petroleum and coal products... . - 089 091 0.90 0.88 &%) (X) & (x)
Rubber and plastics products |. | | | 1:25 127 127 1.28 &) &) & &)

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

i 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
Sept. Sept. Sept. Sept.
Sept? | 1997- Sept? | 1997- Sept? | 1997- Sept? | 1997-
Sept’ | 1993. ] Aug. | Sept’ | 1993-| Aug. | Sept! | 1993-] Aug. | Sept! | 1993-| Aug.
1998 | 1997] 1998 | 1998 | 1997 | 1998 | 1998] 1997] 1998] 1998} 1997] 1998
All manufacturing industries .... . . (x) 01 02 a) 0.1 02 &) 0.0 01 (x) 0.1 0.1
Durable goods industries ...... - 0.2 0.1 02 0.1 02 03 0.2 0.0 0.1 (xX) 0.1 01
Stone, clay, and glass products ... . . (xX) 05 03 (xX) 0.6 0.6 (X) 03 0.5 (xX) Ol 0.2
Primary metals... 2... ......../ Q4 02 04] 02 1.0 07 0.0 05 02 x) Ol 01
Fabricated metal products. . (x) 03 02 (x) 0.5 04 (X) 02 02 (x) 02 01
Industrial machinery and equipment . 07 0.5 0.3 0.2 0.6 03 0.3 01 0.1 (X) 0.1 0.1
Electronic and other

electrical equipment ......... 02 04 0.6 0.1 07 09} 0.1 02 05 (%) 0.2 0.1
Transportation equipment . . .. . : 01 06 06) 0.5 08 07]  -01 01 0.0 (x) 02 03
Instruments and related products . . os) 04 04 os) 12 09 (x) 03 02 (xX) 04 01
Nondurable goods industries . . (x) 02 02 (x) 0.2 0.1 (%) 05 0.1 01 0.0
Food and kindred products . . (xX) 04 0.2 (X) (X) (xX) (X) (X) (xX) (X) 03 0.2
Tobacco products . . (x) 0.0 0.0 te (x) (x) (x) &) (X) () 0.0 01
Textile mill products . (X) 0.2 04 (x) | (NA) | (NA) (X) | (NA) | (NA) (Xx) 01 0.1
Paper and allied products... |. | (x) 03 02 (X) | (NA) A) (x) } @NA) | NA) &) 02 on
Chemicals and allied products (xX) 03 03 (X) (xX) (xX) (X) (X) (xX) (X) 0.2 0.1
Petroleum and coal products : (x) 02 02 (x) (Xx) (x) (Xx) (xX) (X) (x) 02 03
Rubber and plastics products |... ; (x) 02 01 ®) &) (x) &) &) (x) &) 02 01

Capital goods industries :
Nondefense : P's) 05 03 02 07 Os} 0.1 0.0 Ou (x) 0.0 02
Defense ............ vee 10 08 08} 3.1 25 20} 02 O14 OL &) 04 02

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

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

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


CURRENT INDUSTRIAL REPORTS

co
ey

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

Manufacturers’ Shipments,
Inventories, and Orders

September 1998
M3-1-(98)-09
For Wire Transmissions 10:00 a.m. E.S.T. November 4, 1998

For Data - (301) 457-4673
For Questions - Kathy Menth or Lee Wentela
(301) 457-4804 or (301) 457-4852

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

Summary

New orders for manufactured goods in September increased
$1.4 billion or 0.4 percent to $339.2 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a 0.9
percent August increase and is the sixth increase in the last seven
months. Excluding transportation, new orders increased 1.3 percent,
the third increase in the last four months. Year to date, new orders
are 2.6 percent above the same period a year ago; third quarter new
orders are 1.3 percent above the second quarter.

Shipments increased $3.0 billion or 0.9 percent to $339.4
billion, following a 0.3 percent August increase. This is the fourth
consecutive monthly increase. Year to date, shipments are 3.2
percent above the same period a year ago; third quarter shipments are
0.7 percent above the second quarter.

Unfilled orders, down four of the last five months, decreased
$0.2 billion to $530.2 billion, following a 0.3 percent August
increase. The unfilled orders-to-shipments ratio was 2.71, down from
2.74 in August.

Inventories increased $0.2 billion to $468.6 billion. This is
the twentieth increase in the last twenty-one months. The
inventories-to-shipments ratio was 1.38, down from 1.39 in August.

New Orders

New orders for manufactured durable goods in September
increased $1.5 billion or 0.8 percent to $191.8 billion, revised from
the previously published 0.9 percent increase. This follows a 2.0
percent August increase and is the fourth consecutive monthly
increase. Industrial machinery and equipment, up three of the last
four months, had the largest increase, $1.7 billion or 4.6 percent to
$39.2 billion. This follows a 0.5 percent August decrease.
Electronic and other electrical equipment, up three of the last four
months, increased $1.7 billion or 5.5 percent to $32.8 billion, mostly
due to communication equipment. This follows a 5.2 percent August
decrease. Transportation equipment, down for the first month since
June, decreased $2.3 billion or 4.9 percent to $44.5 billion; declines
in aircraft and parts and railroad equipment more than offset
increases in shipbuilding and tanks and motor vehicles and parts.
This follows a 17.5 percent August increase.

New orders for nondurable goods, down for the second
consecutive month, decreased $0.1 billion or 0.1 percent to $147.4
billion. This follows a 0.5 percent August decrease. Declines in
paper and allied products, printing and publishing and textile mill
products more than offset increases in food and kindred products,
chemicals and allied products, and petroleum and coal products.

Shipments

Shipments of durable goods in September increased $3.3 billion
or 1.7 percent to $192.1 billion, revised from the previously

published 1.5 percent increase. This follows a 1.0 percent August
increase and is the fourth consecutive monthly increase.
Transportation equipment, up for the second consecutive month, had
the largest increase, $1.8 billion or 4.1 percent to $46.2 billion. This
follows a 9.5 percent August increase. Electronic and other electrical
equipment, up for the fourth consecutive month, increased $1.0
billion or 3.2 percent to $32.2 billion, following a slight August
increase.

Shipments of nondurable goods, down five of the last six
months, decreased $0.3 billion or 0.2 percent to $147.3 billion,
following a 0.6 percent August decrease. Paper and allied products,
down three of the last four months, decreased $0.5 billion or 3.7
percent to $13.2 billion. This follows a 1.2 percent August decline.
Food and kindred products, up three of the last four months,
increased $0.3 billion or 0.8 percent to $41.4 billion, following a 1.4
percent August increase.

Unfilled Orders

Unfilled orders for durable goods in September decreased $0.3
billion or 0.1 percent to $505.9 billion, revised from the previously
published 0.1 percent increase. This follows a 0.3 percent August
increase. Transportation equipment, down four of the last five
months, had the largest decrease, $1.8 billion or 0.7 percent to
$251.1 billion. This follows a 0.9 percent August increase. Primary
metals, down seven consecutive months, decreased $0.9 billion or 3.0
percent to $30.7 billion. This follows a 2.0 percent August decrease.
Industrial machinery and equipment, up for the second consecutive
month, had the largest increase, $2.5 billion or 3.4 percent to $75.9
billion, following a 1.0 percent August increase.

Inventories

Inventories of durable goods in September increased $0.1
billion to $297.0 billion, following a 0.4 percent August increase.
This is the ninth consecutive monthly increase and the nineteenth in
the last twenty-one months. Fabricated metal products, up eight of
the last nine months, had the largest increase, $0.1 billion or 0.3
percent to $31.0 billion. This follows a slight August increase.
Transporation equipment declined 0.2 percent to $75.6 billion,
following eight consecutive monthly increases.

Inventories of nondurable goods, up cight of the last nine
months, increased $0.1 billion’ or 0.1 percent to $171.6 billion,
following a 0.3 percent August decrease. Increases in printing and
publishing, tobacco products, and apparel and related products more
than offset declines in chemicals and allied products and petroleum
and coal products.

By stage of fabrication, September finished goods increased 0.6
percent in durables and 0.1 percent in nondurables. Work in process
decreased 0.6 percent in durables and 0.5 percent in nondurables.
Materials and supplies increased 0.4 percent in durables and 0.3
percent in nondurables.

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

‘The advance report on durable goods for October is scheduled for November 24, 1998 at 10:00 a.m. and the full report on December 4, 1998 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)


_ aT

Nondefense Capital Goods 11
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

New Orders
S2F) + - - - - - - - ---- +--+ --- fe“) ---- T+ 52

Shipments
47 - -  o  eG- - - - - - - - - - -  - - ---- 447

TS

_o-
42 ---- 22 ere eee eee eee eee eee eee -- +--+ eee 4 42
37 P-- -- +o oer ee ee ee eee ee ee ee ee eee eee 437

L i 1 i 1 1 1 1 L 1 1 L

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May — Jul Sep
Sep. 1996 - Sep. 1998
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
10 10
9P---------------------- 2-2 22 Le New Orders) Vg
Shipments

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep

Sep. 1996-Sep. 1998

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’

BY INDUSTRY GROUP
(Millions of dollars)

INVENTORIES, BY STAGE OF FABRICATION,

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July | Aug- | July- | June- Sept. Aug. July Sept. | Sept.
1998" 1998" 1998 | Sept. | Aug. July 1998" 1998" 1998 1997 | 98/97
MATERIALS AND SUPPLIES
All manufacturing industries 156,174 | 155,669 | 156,118 | +03 +04 | 156,317 | 155,901 | 156,626 | 151,057 435
Durable goods industries . 93,381 | 93,042 | 93,445 +04 +0.3 | 93,955 | 93,739 | 93,984 | 90,361 +4.0
Stone, clay, and glass products 3,138 3,081 3,031 +19 +10 3,157 3,110 3,038 2,974 +62
Primary metals. - 8,093 3,016 8,034 +10 “0.1 8192 8,074 8,039 77949 43.1
Fabricated metal products | 10,846 | 10,675 | 10,780 | +16 +05 | 10872 | 10,682 | 10,804 | 10,223 +63
Industrial machinery and equipment 19,760 | 19,717 | 20,005 +02 +10 | 19914 | 20082 | 20,141 | 19,587 +17
Electronic and other
electrical equipment 15,604 | 15,729 | 15,719 -0.8 +0.1 | 15,643 | 15,947 | 15,957 | 15,421 +14
Transportation equipment . 15,607 | 15,556 | 15,737 | +03 +04 | 15,625 | 15,535 | 15,956 | 14,877 +5.0
Instruments and related products 9,236 9/297 , -0.7 -0.9 250 97388 9/280 700 +63
Lumber, furniture and
miscellaneous durable goods . 11,097 | 10,971 | 10,916 | +1.1 -0.1 | 11,302 | 10,921 | 10,769 | 10,630 +63
Nondurable goods industries . . . 62,793 | 62,627 | 62,673 +03 +0.5 | 62,362 | 62,162 | 62,642 | 60,696 42.7
Food and kindred products 11,470 | 11,464 | 11529 | +01 +17 | 11217 | 113103 | 11291 | 10,775 +411
Tobacco products. . 939 820 4886 | +25 -13 4,839 4,619 4,597 4,878 -08
Textile mill products | . : 2,986 2981 2977 | +02 0.4 2914 2,978 3,022 2,990 2.5
Paper and allied products . . 81191 83162 8.154] +04 40.5 83167 8110 8,080 77684 +63
Chemicals and allied products 15,594 | 15/526 | 15/385 +04 +04 | 15,587 | 15,527 | 15,504 | 14,812 +52
Petroleum and coal products 3/206 3,320 3,364 3.4 45.0 3171 3,324 3,392 3,790 | -16.3
Rubber and plastics products | | 6853 6.841 6.790 | +02 00 6,807 6,758 6,849 6,430 +59
Apparel. printing and publishing
and leather goods . . . . 9,554 9,513 9,588 +04 -0.8 08 9,660 9,743 9,907 9,337 43.5
WORK IN PROCESS
All manufacturing industries 151,290 | 152,137 | 151,045 +07 -0.1 | 151,817 | 154,284 | 151,705 | 145,039 44.7
Durable goods industries. 122,151 | 122,862 | 121,367 +12 0.0 | 122,349 | 124,932 | 122,063 | 115,950 45.5
Stone, clay, and glass products: 17338 35 351 +04 | 427 304 1362 1366 1,279 +2.0
imary metals . 87581 8,613 8,613 00 | +10 8581 8,668 8,737 8,737 -18
Fabricated metal products |... |. . 8979 9,019 91063 -05 -02 9,076 9,176 9,182 8,759 43.6
Industrial machinery and equipment 22,807 | 23,112 | 22,622 422 -0.5 | 22811 | 23,586 | 22,743 | 22,212 42.7
Electronic and other
electrical equipment . . . 14,238 | 14,279 | 14,101 +13 -3.0 | 14,165 | 14,470 | 14,192 | 13,895 +19
Transportation equipment . . - 51,049 | 51,258 | 50,301 +19 | +08 | 51253 | $2,093 | 50,191 | 45,678 | +122
Instruments and related products - . 9,873 9,937 | 10,003 0.7 | +04 9,826 | 10,213 | 10,275 | 10,029 2.0
Lumber, furniture and
miscellaneous durable goods 5,286 5,287 5,313 -0.5 -0.3 5,333 5,364 $377 5,361 0.5
Nondurable goods industries 29,139 | 29,275 | 29,678 “14 -0.5 | 29,468 | 29,352 | 29,642 | 29,089 +13
Food and kindred products « 5,429 53551 5,726 3.1 -13 5,598 5,176 5,217 5,988 65
Tobacco products . . . 102 108 121 10.7 | +17 106 108 114 106 0.0
Textile mill products... . 2,656 2,669 2,677 03 | +03 2,664 2,681 2,690 2,692 -10
Paper and allied products . 1,620 1,609 1584 +16 | +06 13604 1,621 1,596 1599 +03
Chemicals and allied products 8,608 8,681 8,720 04 | +03 8,572 8,792 8;869 7523 | +139
Petroleum and coal products 2,584 2471 2.578 4.2 13 2,609 2,491 2,594 2887 9.6
Rubber and plastics products. 2226 2/228 2207 +10 “13 2/225 2:29 2174 2,293 “3.0
Apparel, printing an ! publishing
and leather goods . 5,914 5,958 6,065 “18 -08 6,090 6,254 6,388 6,001 +15
FINISHED GOODS
All manufacturing industries 161,178 | 160,639 | 160,473 +03 | +01 +0.4 | 159,656 | 161,411 | 160,889 | 155,715 425
Durable goods industries -. | 81,484 | 81,009 | 80,857 +06] +02] +04] 79,908 | 81,167 | 81,107 | 77,673 429
Stone, clay, and glass Products _ 4,762 4,726 4,730 | +08 -0.1 -13 4,582 64 4772 4614 -0.7
Primary metals 8,255 8,230 gile | +03] +14] +09 8,132 8,191 8,075 7,647 +63
Fabricated metal products |: . 11222 | 11,250 | 11,096 -02 | +14] +14 | 10891 | 11,112 | 11,166 | 10,149 473
Industrial machinery and equipment 18;439 | 18129 | 18276 | +17 08 -0.4 | 17,733 | 18,025 | 18146 | 17,410 +19
Electronic and other
electrical equipment .. . 10,535 | 10,518 | 10,525 +02 0.1 -04 | 10,335 | 10,780 | 10,717 | 10,491 -15
Transportation equipment . . - 8/980 8,998 8,994 -0.2 0.0 -0.1 9,138 9191 9,109 , 23
Instruments and related products | 7,466 TAl7 7,433 +0.7 02 | +04 7/506 7,520 7,455 77244 43.6
Lumber, furniture and
miscellaneous durable goods 11,825 | 11,741 | 11,687 405 | 423] 11591 | 11,702 | 11,667 | 10,762 411
Nondurable goods industries . 79,694 | 79,630 | 79,616 0.0 | +03 | 79,748 | 80,244 | 79,782 | 78,042 42.2
Food and kindred products . 20,197 | 20,100 | 20,169 -03 -0.6 | 21,160 | 20,549 | 19,825 | 20,551 43.0
Tobacco products . 645 635 658 35 | +15 610 307 499 569 +72
Textile mill products 4,668 4,595 4,631 0.8 +0.7 4,536 4,658 4,716 4,315 45.1
Paper and allied produ 6.871 6,872 6,846 +04] +06 6,735 6,871 6,837 6,562 42.6
Chemicals and allied prod 22,121 | 22,328 | 22,277 40.2 | +11 | 21589 | 22,170 | 22,110 | 20,321 +62
Petroleum and coal products. . 4'839 96 4,964 40.1 “3.0 4,941 $,013 5,080 6114 -19.2
Rubber and plastics products: 7583 7,630 7,653 -03 -02 7216 7321 7,623 7,295 -03
Apparel, printing an Publishing =
and leather goods ...... . 12,770 | 12,502 | 12,418 +07] +19 | 12,901 | 12,955 | 13,092 | 12,315 +48

* Preliminary. ‘ Revised.

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


Table 3. VALUE OF MANUFACTURERS’
(Millions of dollars)

UNFILLED ORDERS FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July] Aug-| —July-] — June- Sept. Aug. July Sept.] Sept.
1998" 1908 1998] Sept.} Aug.| July] 1998? 1998" 1998 1997] 98/97
All manufacturing industries 530,167] 530,359] 528,989 0.0) +03]  -0.1) 524,843] 529,830] 531,291] 519,365) +11
Manufacturing industries
without defense capital goods 433,080] 433,743] 430,618 02 +0.7 +01] 429,696] 434,824] 433,397} 417,200 43.0
Durable goods industries. 505,857] 506,113] 504,598} -0.1] +03 -0.1] 500,480] 504,851] 505,568] 493,075] +1.5
Stone, clay, and glass Products 6,424] 6,450) 6497] 04] 90.7] +13] 6,418] 6,482] 6,561 6367) +08
Primary metals . 30,720] 31,669] 32,312] 3.0] 20) = -2.1] + 29,568] 31.275] 32,088] 33,447] -11.6
Blast furnaces, steel mills 12,303] 12,816] 13397] -4.0} = -43 45) 11,646] 12,601] 13,303] 13,167] -11.6
Iron and steel foundries 5,521 5,650] 5,531 23) 422) -18] 5,356] 5,585] 5,516} = 5,062] $5.8
Nonferrous and other primary
metals ...... ee 12,896} 13,203} 13,384} -23 14] +02] 12,566] 13,089] 13,269] 15,218] -17.4
Fabricated metal products 26,179] 26,523} 26,944 -13 -16 0.7] 26,249} 26,789} 27,288] 26,505 -1.0
Industrial machinery and equipment 75,917] 73,422] 72,683| +34] = +1.0/ —-0.2) 75,075} 72,505] 71,801] 73,332] 42.4
Engines and turbines 16,393) 13,198] 11,924] +242] +107] 435) 16,581] 12,906] 11,491} 12,096] +37.1
Construction, mining and
material handling equipment 10,309] 10,666] 11,098] -33) 3.9) = --2.2] ~~ 9,907] 10,269] 10,886} 9,275] +68
Metalworking machinery 7134) 7,335] 7,320] 2.7] +02] +07] 7,134] 7,335 7,320] 7,717] -7.6
Computer and office equipment . 8,069] 8,003] 7,872] +08] +1.7] +02] 8,034] 8,164] =~ 8,085] 8396] +43
Electronic and other
electrical equipment ........ 59,389] 58,801] 58,913 +10 0.2] 42.8] 57,850] 59,696] 60,454] 54,719 +5.7
Electrical transmission and
distribution equipment and
industrial apparatus . . 6416] 6,442] 6,436) 0.4] +01 0.6] 6,297} 6451} 6,450] 6,707] -6.1
Electric lighting and
wiring equipment . ... . 4985] 5,186] 5,207] -3.9 4985] 5,186] 5,207] 4,719
Communications equipment | 17,357] 16,811] 17,039] -+3.2 17356) 16,790] 17,027] 15,160
Electronic components . 24914] 24,632] 24370) +11 23,502| 25,408) 25,949] 21,561
Transportation equipment 251,108 | 252,881] 250,539] — -0.7 249,526 | 251,682] 250,230] 241,404
Aircraft, missiles,
space vehicles, and parts. 215,155} 217,854] 215,817 12 213,609] 216,604} 215,459] 208,558
Shipbuilding and tanks . . . 17,985} 16,951] 17,443] +6. 18,047} 16,938] 17,485] 17,882
Instruments and related products - 47,905} 48,297] 48,661 -08 47368 | 48,013] 48,595] 48,845
Search and navigation equipment 27,19] 27,419) 27,792) = 26,726] 27,080] 27,685] 28,741
Measuring and controlling devices 10,135] 10,283] 10,257] -1.4 10,135] 10,283] 10,257] 10,324
Medical instruments and supplies 9,682} 9599] 9,605] +09 9530} 9,640] 9618] 7,917
All other durable goods . . 8,215 8,070 8,049 +18 8,426 8,409 8,461 8,456
Nondurable goods industries . . . . 24,310] 24,246] 24,391] +03 06) -L.1] 24,363] 24,979] 25,723] 26,290] -73.

” Preliminary. ‘ Revised.

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


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

Seasonally adjusted Not seasonally adjusted’
Monthly Percent Change Monthly Percent Year to date
Industry change

Sept.| Aug.] July | Aug~ | July-] June-| Sept} Aug. July] Sept.| Sept.
1998"| 1998"| 1998] Sept.) Aug.} July] 1998"} 1998] 1998] 1997] 98/97] 1998" | — 1997

All manufacturing industries + | 339,220] 337,815} 334,821] +0.4) +0.9]  +1.1) 358,215} 335,916] 306,253] 352,126 +1.7] 3,010,424 |2,933,766

Manufacturing industries
with unfilled orders

195,198} 195,037} 193,917] +0.1]  +0.6|  +2.3} 207,057} 190,421] 176,841] 201,445| — +2.8| 1,722,151 [1,649,689
without defense capital goods . .

332,223) 332,882) 329,299] -0.2)  +1.1] +1.2) 351,031] 332,342] 302,334] 346,744] +1.2] 2,959,612 |2,886,400

Durable goods industries

With unfilled orders... 2...
Stone, clay, and glass products . .
Primary metals... .

191,813] 190,304] 186,617] +0.8} +2. +2.0} 204,082} 185,341] 162,637] 196,429] +39} 1,677,473 |1,610,524
158,556] 157,680] 155,874] +0.6] +1.2} +2.5] 168,987] 152,169] 139,545] 162,450] +4.0| 1,386,753 |1,324,480
8,112 7,967) 8,187] +1.8) 2.7 -0.1 8,664) 8,345) 8,361 8,188) +5.8 72,352} 67,704
14,053] 14,413] 14,273] -2.5. 1.2} 13,687] 14,148} 12,753] 16,962] -19.3] 134,349] 146,998

Blast furnaces, steel mills ....... 5,441 5,523} 5,382) -1.5) 8.0) 5,054] 5,356] 4,805) 6,365} -20.6 53,991] 59,574
{ron and steel foundries ...... 1,383) 1,592) 1,370] -13.1 +72) 1,361 1,564] 1,089} 1,572] -13.4 13,576] 13,340
Nonferrous and other primary

metals . 7,229) 7,298 7,521 0.9) +2.7/ 7,272] 7,228] + 6,859] 9,025) 19.4 66,782} 74,084

Fabricated metal products ....... 19,902] 19,693) 20,132} +1.1
Industrial machinery and equipment .| 39/184] 37.450] 37,636] +4.6|
Engines and turbines hae 5,405] 3,541 2,645] +52.6]
Construction, mining and

+21) 20,924] 20,076] 18,222} 20,571 +1.7) 178,800] 171,464
+19} 43,068} 34,642] 32,179) 39,174 +9.9) 333,671] 303,999
+33.0] 6,139] 3,423) 2,187} = 2,677) 129.3 23,696] 16,664

material handling equipment ....] 3,873] 3,876] 4,290] -0.1] -9.7] -6.3] 3,854) 3,503! 3,702] 4,073 -s.4| 38,257] 34,788
Metalworking machinery ..... 3,329) 3,479) 3,503) -4.3] -0.7] +5.41 3,857) 3,313] 2,980] 3,737] +3.2| 30,386] 29,674
Computer and office equipment...) 10,897] 11,112] 11,261} -1.9] -13] +0.41 13,607] | 9'897] 8850] 12/095 +125] 95-750] 80,003

Electronic and other
electrical equipment ..... i 32,812) 31,116] 32,840] +5.5]  -5.2} +9.2) 34,743] 29,587} 32,182] 32,609] +65] 277,052] 263,179

Electrical transmission and
distribution equipment and
industrial apparatus ...........] 3,893] 3,725] 3,764] +4.5]  -1.0/ 43.0 4,261] | 3,634] 3,377] 3,984] +7.0| 33,132] 31,125
Electric lighting and
wiring equipment s+] 2,077] 2,224] 2,212) -6.6] +0.) +45] 2,319] 2,198] 1,852] 2,384] -2.7] 19,928] 19,533,
Communications equipment .....] 8,096] 6,779] 6,463| +19.4] +49] -11.6] 9,262} 6,084] 5,332] 81056] +15.0] 63,783] 57.695
Electronic components . +++] 13,439) 13,245] 15,158] +15] -12.6 +28.0] 12,981] 12,314] 17,083} 12,059] +76) 114/299 107'826
Transportation equipment 44,452) 46,745) 39,768] -4.9} +17.51  +1.1! 47,108] 45,717| 27,428] 43,187] +9.1| 383,641} 363,587
Aircraft, missiles,
space vehicles, and parts,
Shipbuilding and tanks

9,009) 13,106] 10,172) -31.3] +28.8} +20.0] 9,576] 11,650] 8,432) 8,908} +75 92,835] 81,294
2,093 519} 373) 303.3} +39.1] -76.6] 2,218 456) 285) 1,027] 116.0 8,020 6,336

Instruments and related products . ...} 13,721] 13,385] 13,970] 42.5] -4.2] 1.6 14,833] 12,764] 12,623] 14486] 42.4} 122.318] 121'558
Search and navigation equipment .| 2,709 2,743) 2,701] -1.2|  +1.6 15.5] 2,980] 2,433] 2129] 2'790/ +68) 24'577| 24°79
Measuring and controlling devices . | 3,793] 3,850] 4,195} -1.5| -8.2) +85! 4;140] 3,806] 3,698] 4.408] -6.1| 35613] 37,158
Medical instruments and supplies .] 4,681] 4,344) 4,849] +78 -10.4) +0. 4,943] 4/2371 4809] 4,695 +53 41,196) 37/892

All other durable goods ....... 19,577] 19,535} 19,811] +0.2}  -1.4) -1.3] 21,055) 20,062] 18,889] 21,252) -0.9]_ 175290] 172035

Nondurable goods industries ..... . . 147,407} 147,511] 148,204] -0.1] -0.5] 0.0} 154,133] 150,575] 143,616] 155,697| 1.0] 1,332,951 [1,323,242
With unfilled orders ........... 36,642) 37,357] 38,043) -1.9]  -1.8/ +1.8] 38,070] 38,252] 37,296] 38,995] —-2.4] '3357398] "325209

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

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

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


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

Seasonally adjusted Not seasonally adjusted’
Monthly Percent Change Monthly Percent | Year to date
Industry change

Sept.| Aug.| July | Aug-| July-] June-| Sept] Aug.} July | Sept.] Sept.
1998"} 1998} 1998] Sept] Aug.] July} 1998] 1998'] 1998] 1997] 98/97] 19987 | — 1997

All manufacturing industries «++ | 339,412] 336,445] 335,380] +0.9] +0.3}  +0.1] 363,202] 337,377] 302,131} 356,369} +1,9] 3,017,139 |2,923,353

Manufacturing Industries

with unfilled orders seeee - | 195,390] 193,667} 194,476} +0.9] 0.4) +0.5] 212,044) 191,882] 172,719] 205,688 3.1} 1,728,866 1,639,276
without defense capital goods .. . | 332,886] 329,757] 328,885] +09] +0.3 0.0] 356,159} 330,915] 296,440] 349,845) +1.8] 2,959,258 |2,868,448
Durable goods industries seeeee 192,069] 188,789] 186,907] +1.7) +1.0) +0.2} 208,453] 186,058} 158,992 200,122| +4.2 | 1,683,327 1,601,774
With unfilled orders... .. - +] 158,812] 156,165) 156,164] +1.7 0.0] +0.3) 173,358} 152,886] 135,900} 166,143 +4.3 | 1,392,607 }1,315,730

Stone, clay, and glass Products -
Primary metals... . i
Blast furnaces, steel mills .

Iron and steel foundries
Nonferrous and other primary

metals... . 7,536] _7,479| 7,493] +08] -0.2
Fabricated metal products -| 20,246] 20,114] 20,309] +07] -1.0}
Industrial machinery and equipment 36,689] 36,711] 37,810) -0.1] — -2.9}
Engines and turbines... . . 2,210] 2,267] 2,245] -2.5]  +1.0)
Farm and garden machinery 1959] 1,951] 2,109] +04] -7.5
Construction, mining and

8,138) 8,014) 8,104) +1.5, -1.1] +09) 8,728 8,424) 8,249] 8,261 +5.7 72,110) 67,841
15,002} 15,056] 14,968] -0.4) +0.6f -0.5} 15,394] 14,961] 13,580] 16,379] 6.0) 139,119] 142,818
5,954) 6,104, 6,006) -2.5] +16) -1.9) 6,009) 6,058) 5,460] 6,538 8.1 56,703} 58,307
1,512 1,473 1,469) +2.6) +03) +1.2| 1,590) 1,495 1,240) 1,501, +5.9 13,696} 12,580

7,195] 7,408] 6,880] 8,340] 6.5} 68,720] 71,931
21,464] 20,575] 18,129] 20,423) +5.1] 178,901] 168/862
40,498] 34,028] 32,255] 39,131] +3.5] 332,021] 303,737
2,464] 2,008] 1,608] 2325] +6.0| 19,649] 17,542
1,763] 1,562| 1,669] 1,945] -9.4] 19,680] 18,263

material handling equipment 4,230) 4,308) 4,540] -1.8 5.1 -0.9) 4,216] 4,120) 4,188 3,931 +73 38,716} 34,132
Metalworking machinery . 3,530] 3,464) 3,455) +1.9] +03) +0.7) 4,058] 3,298) 2,932 4,138 19 30,401] = 30,172
Computer and office equipment... } 10,831] 10,981} 11,246) -1.4] 2.4) +0.5) 13,737) 9,818) 8,687) 12,320) +11.5 95,348] 81,587

Electronic and other
electrical equipment . see | 32,224) 31,228] 31,216} = +3.2] 0.0) +1.1) 36,589) 30,345] 27,019] 34,583 +5.8] 272,508] 256,763

Electrical transmission and
distribution equipment and
industrial apparatus . . .
Household appliances .
Electric lighting and
wiring equipment ........... 2,278) = 2,245) 2,242) +15) +01) +2. 2,820) = 2,219 1,882} 2,502) 40.7 19,870] 19,324
Household audio and
video equipment see 974 1,004 1,033) -3.0) . 0.6, 1,188) 1,065 898 1,254 5.3 8,653 8,292
Communications equipment ..... 7,550 7,007) 6,784| +7.7) +3.3) -6.8) 8,696) = 6,321 5,664) 7,576) +14.8 60,758] 54,961
Electronic components . . seee] 13,157] 12,983] 12,982) +13 0.0] +3.1) 14,887) 12,855} 11,412] 14,176] +5.0} 112,337] 105,881
Transportation equipment 46,225) 44,403) 40,556] +4.1] +9.5) -0.7) 49,264) 44,265] 28,518} 44,609} +10.4) 388,632] 371,334
Motor vehicles and parts . . 30,898] 30,017) 27,092] +2.9] +10.8) +1.2} 32,774] 30,383] 16,637} 30,386] +7.9] 263,117] 257,693
Aircraft, missiles,

3,919] 3,719] 3,805] +5.4]  -2.3] +5.7] 4,415] 3,633] 3,392] 4,146] +65] 33,353] 31,029
2114) 2,077} 2,196] +1.8]  -5.4] 43.1] 2,279] 2,097] 2041] 2,188] +42) 18,829] 17,327

space vehicles, and parts. --| 11,708] 11,069] 10,566] +5.8|  +4.81 -0.9] 12,571] 10,505] 9,374] 10,978] +14.5| 97,346] 88,098
Shipbuilding and tanks ........] 1,059] ort] 894] +4.7] 413.1] -6.2} 1.109] 1,003] 832) 878] +263) 8403] 7.918
Instruments and related products ....| 14,113} 13,749] 14,042] 42.6] -2.1) 1.2) 15,478] 13,346] 12,608] 15,477] 0.0] 125,079] 120,370
Search and navigation equipment 3,009] 3,116] 3,085] -3.4| +1. +16 3,334] 3,038] 2,753] 3,240] +29) 27,094] 24.556
Measuring and controlling devices .| 3,941] 3,824] 4,062} +31] -5.9} +0.1) 4.288] 3,780] 3,563] 4.757] -9.9] 36,334] 37,262

Medical instruments and supplies 4,598] 4,350) 4,474] -+5.7) 28] 4.3) 5,053 4,215} 4,076} 4,849) +42) 40,090) 37,501
Photographic goods . . on 2,108} 2,009 1,969] +49) +2. 0.3] 2,327) 1,866 1,763} 2,179) +6.8 17,444) 17,257
All other durable goods 19,432) 19,514] 19,902) -0.4] -1.9]  +0.3) 21,038) 20,114] 18,634) 21,259) -1.0] 174,957] 170,049

Nondurable goods industries .
With unfilled orders . .

Food and kindred products . .
Meat products . :

147,343] 147,656] 148,473] -0.2|
36,578) 37,502| 38312] 2.5 .
41,435] 41,117] 40,562] +08) +14
8,796] 8,821] 8,696] -0.3) | +1.4I
Dairy products 65671 6,282) 6,156] +45] #2.0)
Beverages . . 6,357} 6,094) 6,068] +43] +0.4
All other foods, except fats and oils | 17,686 17,870] 17,696] -.0] +1.
Tobacco products 3,489] 3,479] 3,444] +03] +1.0)
Textile mill products 6571) 6,694] 6.940] 1.8] -3.5}
Broadwoven fabrics and
other textiles be veeeees 3,889] 3,966] 4,150] -1.9]  -4.4) +24) 4,258] 4,086] 3,596] 4,706] -9.5| 37,234] 38,484
Paper and allied products... ......{ 13,248) 13,761] 13,929] -3.7)  -1.2| +04) 13,678] 14,037) 13,580] 14,229] -3.9] 124/839} 120,048
Pulp, paper, and
paperboard mill products
Paperboard containers and box
Miscellaneous converted

154,749] 151,319] 143,139] 156,247] 1.0] 1,333,812]1,321,579
38,686] 38,996] 36,819} 39,545] — -2.2] 336,259] 323,546
43,304] 41,924] 39,068] 40,822] +6.1| 364.718] 349,559
8,945] 9,148] 8,591] 8,708} 42.7] 78,405] 77,024
6.743] 6,330] 5,976} 5,030] +34.1| 54,923] 44,024
6,559] 6,553] 6,378 6,145] +6.7} 35,683] 53,109
19,028] 17,843] 16,177] 18,925] +05] 157,109] 157,553
3.472) 3,611] 3,357] 3,335] +4.1| 30,658) 28,489
7,244) 7,040] 6,292) 7,828] -7.5 61,545] 63,051

4,918 5,267] 5,310] -6.6 0.8) 0.0] 5,055 5,383 5,251 5,693 112 48,222} 47,881
3,449] 3,586 3,724] -3.8) -3.7] +11] 3,516] 3,666) 3,593) 3,489 40.8 32,553} 30,000

paper products.......... . 4,881] 4,908] 4,895] -0.6| +03] +03] 5,107] 4,988] 4,736] 5,047] +1.2) 44,064] 42,167
Chemicals and allied products .....] 32,364] 32,204] 32,468] +0.5{ -0.8] -1.6| 33,650] 31,647] 30,935] 33,821] —-0.5] 295,395] 293,406
Industrial chemicals... ... . ..| 14,652] 14,685] 14956] -0.2] -1.8 14,883) 14,726) 14,475] 16,527] -9.9]_ 137,291] 146,561
Drugs, soaps, and toiletries ......] 14,032| 13,897] 13,788) +1.0) +08 3} 15,604) 13,690] 13,008] 14,050} +11.1] 121,463} 110,399
Petroleum and coal products .......| 11,890] 11,759} 12,153] +11] -3.2] 1] 12,427] 12,364] 12,428] 15,437} -19.5} 111,644] 133,843
Rubber and plastics products ......] 13,281] 13,196 13,104] +0.6] +0.7/ +0.8| 13,860] 13,451] 12,150] 13,713] +1.1] 119,650] 118,096
All other nondurable goods .. . . 25,065) 25,446] 25,873 -1.5| -1.7] +1.7] 27,114] 27,245] 25,329] 27,062) +0.2| 225,363] 215,087

T Preliminary. Revised.
' Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.

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