Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of Dollars)

Seasonally Adjusted

Not Seasonally Adjusted

Monthly Percent Change Monthly Percent
Industry Change
Feb. Jan. Dec. | Jan.- | Dec.- | Nov.- | Feb. Jan. Dec. Feb. Feb.
2001" | 2001' | 2000 Feb. Jan. Dec. | 2001" | 2001‘ | 2000 2000 | 01/00
All manufacturing industries... 494,856] 495,548] 493,057 01] +05) -0.1] 497,448] 493,343] 481,343] 479,087) +3.8
Manufacturing industries
with unfilled orders. 328,822] 328,966] 326,777 0.0] +0.7 0.0] 329,797] 326,149] 317,023] 315,425] +.4.6
without defense capital goods... 476,422) 476,798] 474,444 0.1} +05] +0.1] 478,967] 474,741] 463,318] 459,523] +4.2
Durable goods industries. 311,979] 312,158] 310,210 0.1 +0.6] +0.2} 314,139] 310,502] 301,634] 300,744 +45
With unfilled orders. 286,509] 286,491] 284,478 0.0] +0.7) +0.2) 287,818] 284,293) 276,148] 274228] —+5.0
Stone, clay, and glass products... 10,682] 10,658] 10,696] +0.2 0.4] +23] 10,989] 10,786] 10,502] 10,305] +6.6
Primary metals... 24,764] 24,888] 25,007 0.5 -0.5 -0.4] 24,828] 25,052} 25,115] 24/832 0.0
Blast furnaces, steel ‘mills. 11,721 11,786 11,948: -0.6 1.4] -0.7 11,664, 11,909) 12,191 11,728] -0.5
Iron and steel foundries...... 1,627, 1,658) 1,637 “1.9 +13) +0.8 1,660) 1,654, 1,596 1,621 +2.4
Nonferrous and other primary
metals. 11,416) 11,444 11,422 -0.2 +0.2| -0.3 11,504] 11,489 11,328 11,483) 0.2
Fabricated metal products... 32,968) 32,953} 32,454, 0.0 +1.5) -0.5 33,010 32,758 31,829) 31,962 3.3
Industrial machinery and equipment. 64,602] 64,612] 64,577 0.0] +0.1) +12) 65.892 64,435] 62/538] 62.013 6.3
Engines and turbines 5,241] 5,175] 5,318] +13] 2.7] +8.1] 5,284] a'965] 4.898] 4.636 4.0
Farm and garden machinery 3,772] 3,844] 3/867 1.9) 0.6} +08! 4257] 4/3131 4/164] 4/306] 1
Construction, mining and
material handling equipment. 9,446] 9,362] 9,315] +0.9] +05) +181 9,682| 9,436] 9,179] 9,125
Metalworking machinery. 8,372] 8,405] 8,224] 0.4) +2.2 -2.1) 8,268] 8,165] 7,683] 8,016
Computer and office equipment... 9,306] 9,367] 9,237 0.7] +14) 0.8] 9562] 9120] 8.636] 8,743
Electronic and other
electrical equipment........ 49,534) 49,299) 48,470] +0.5 +17 +14] 49,781 48,774 46,704 44,154)
Electrical transmission and
distribution equipment and
industrial apparatus. 5,906 5,842 5,830] +141 +0.2| +141 6,062) 5,894] 5,794) 5,541 +9.4
Household appliances... 2,653] 2,719] 2,734) 2.4 0.5] +54) 2,743] 2,678] 21478] 2,630] 44.3
Electric lighting and
wiring equipment. 4,260) 4,348) 4,282, -2.0 +4.2| 4,226) 4,245) 4,040) 3,880) +8.9
Household audio and
video equipment...... 1,265) 1,268 1,259] 0.2 +2.6] 1,219 1,226 1,197) 1,049) +16.2
Communications equipment. 13,084 13,007, 12,627 +0.6) +2.3} 13,107 12,820 12,137 11,696) +124
Electronic components....... 18,118 17,910 17,505) +12 +0.4] 18,225) 17,838} 17,024, 15,491 +17.6
Transportation equipment. 68,599] 68,992] 68,978] -0.6 -1.1] 68,612] 68,262] 66,387] 70,031 “2.0
Motor vehicles and parts 18,020} 18,101] 18,351 -0.4 -1.3] | 17,940] 17,914} 17/832] 18,267 “1.8
Aircraft, missiles,
space vehicles, and parts.. 43,866| 44,320] 44,308] -1.0 -0.6] 43,925] 43,787 42,452] 45,452 “3.4.
Shipbuilding and tanks. nee 2,564) 2,530 2,541 +13 “3.1 2,578 2,537 2,514 2,448 +5.3
Instruments and related products. 29,200] 29,265 28,744] -0.2 +0.7) 29,096 28,743 27,767 27,267) +6.7
Search and navigation equipment..... 6,856 6,909 6,792 -0.8 +01 6,795 6,777 6,537 6,751 +0.7
Measuring and controlling devices. 9,832] 9.881] 9,508 0.5] +07) 9,781{ 9,693] 9,235] 8.378] +16.7
Medical instruments and supplies. 9,228 9,196 9,167 +0.3) +0.7| 9,249) 9,115 8,916] 9,098 +167
Photographic goods. 2,536] 2.533) 2,532, +01 +21) 2.528[ 2,423] 2/342] 2:324f  +8.8
All other durable goods.. 31,630 31,491 31,284) +0.4) -1.0) 31,931 31,692 30,792 30,180 +5.8
Nondurable goods industries. 182,877] 183,390] 182,847) -0.3} 0.5} 183,309} 182,841] 179,709] 178,343 +2.8
With unfilled orders......... 42,313] 42,475] 42,299] -0.4 -1.5] 41,979] 41,856] 40,875] 41197} = +1.9
Food and kindred products. 38,050] 37,909] 38,004] +0.4 +0.1] 38,267] 38,215] 38,029] 39,374 “2.8
Meat products. 4,641 4,634) 4,728 +0.2 +0.7 4,712 4,549 4,465 4,529) +4.0
Dairy products. 3,740] 3,677] 3.680) +1.7 0.9] 3,741] 3/603] 3387] 3.976] 5.9
Beverages... 8.927] 8,941] 9,007 0.2 +0.7| 8,956] 8,963] 8948] 8819] +16
All other foods, except fats and oils..| 19,183] 19,104] 19,008] +0.4 0.1] 19,234] 19,486] 19,607] 20,331 54
Tobacco products........ 4,896] 4,910] 5,003. 0.3} -4.2| 5,271] 5,326] 5,318] 5,749 8.3
Textile mill products. 10,364: 10,436 10,488 -0.7 -0.2 10,435 10,402 10,055: 10,259: +17
Broadwoven fabrics and
other textiles... 5,991] 6,039] _ 6,067 0.8 -1.1] 6,069} 6,089] 5,887] 6,157 “1.4
Paper and allied products. 17,055 17,062 17,003} 0.0) 1.3) 17,150 17,069) 16,819) 16,697 +27
Pulp, paper, and
Paperboard mill products. 6,760] 6,792 6,834) -0.5 +01 6,845 6,841 6,792 6,524 +4.9
Paperboard containers and boxes. 4,282 4,263 4,307 +04) 2.6) 4,300) 4,263 4,302 4,390 -2.1
Miscellaneous converted
paper products........... 6,013 6,007 5,862) +01 +2.5 -2.0] 6,005 5,965 5,725 5,783 +38
Chemicals and allied products... 51,126] 51,630) 51,190] -1.0 +0.9 0.1 51,555 51,443 50,591 48,262 +6.8
Industrial chemicals... 20,623] 20,652 20,357 0.1] 41.41 0.7] 20/805] 20,795] 20,490] 19,718] +5.5
Drugs, soaps, and toiletries. 24,314 24,876 24,685 -2.3 +0.8 +0.1 24,134) (24,242 23,908) 22,235 +85
Petroleum and coal products... 14,128, 14,038) 14,053: +0.6 01 -1.6 13,710 13,569 13,287] 12,900} +63
Rubber and plastics products.. 18,822 18,834] 18,818 0.1 +01 +1 19,191 19,007 18,644 18,333} +47
All other nondurable goods.. 28,436 28,571 28,288 -0.5 +1.0) 13 27,730 27,810 26,966 26,769 +3.6

° Preliminary " Revised

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


TOTAL MANUFACTURING
New Orders and Shipments

Three Month Moving Averages
Billions Of Dollars

420

400 - 400

340 - — 340
320 320
a a a cn) a a o ° c=] fo} fo] c=} -
ge ¢ S$ @ F G¢ F F F F FF Fg
a 5 < a re] y 2 5 < oD o ¥ a
e 2 3 2 6 6 &# € 3 Z3 6 &@ #
— — Shipments New Orders

NNNNNNWWWWWWWWw

TOTAL MANUFACTURING
Ratio of Unfilled Orders and
Inventories to Shipments

1/S Ratios UO/S Ratios
8 2.1
7
ral _ 2.0
5 — 1.9
4 1.8
3 —
2 - 7
.1 -— 1.6
rs -

1.5

9 _ _
8 E 1.4

_—— - = _
== = Leo 1.3
5 _ 1.2
4 1

a ca) a oa coal a co} co] f=} i=] ° o -

eo fF FG GF G9 PF F FF F FF F FF

a Ss = a G 4 a S cc oa G yg a2

2 $ 53 32 6 &@ # £€ 3 2 6 6 #

| —-_ 1/S —— vo/s

Note: All charts based on seasonally adjusted current dollars.



7
Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES
FOR TOPICAL SERIES '
(Millions of Dollars)
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly Percent
Industry Change
Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb.
2001" | 2001" | 2000 Feb. Jan. Dec. | 2001° | 2001" | 2000 2000 oreo
UNFILLED ORDERS
All manufacturing industries..........J 593,438] 594,998] 597,049 -0.3 -0.3 +1.5] 593,600] 596,395] 590,290] 550,684) +7.8
Market categories:
Automotive equipmen: 2,346) 2,333 2,364 +0.6) “1.3 -3.2 2,414) 2,378) 2,319 2,554 5.5
Home goods and appar 9,361 9,437 9,485 -0.8 -0.5 -0.5, 9,549) 9,392 8,894) 9,737, -1.9
Consumer staples. 3,026 2,964 2,983 +21 -0.6) -2.5 2,788 2,825 2,925 2,921 4.6
Machinery and equipment.. 277,556] 278,439] 275.677 -0.3, +1.0) +3.5) 278,328] 278,641] 274,491 246,128, +131
Business supplies... 7,323 7,24! 7,326 +1.0) “11 -2.2 7,015 7,013 7,095 7,096 orl
Construction materials
and supplies.......... 18,564 18,532 18,085 +0.2 +2.5 +12 18,578 18,526, 17,816 18,062 +2.9
Defense products. . 104,187] 103,523] 104,450] +0.6; -0.9 -0.5] 104,470] 104,519] 104,331 91,425, +14.3
Other materials, supplies ‘and
intermediate product: 171,075] 172,522] 176,679) -0.8 2.4 0.0] 170,458] 173,101] 172,419 172,761 “1.3
Durable goods industries:
Nondefense capital goods *..... 295,040] 295,462] 292,075 -0.1 +1.2) +3.6] 296,066] 295,895] 291,396 263,134) +12.5
Excluding aircraft and Parts. 130,988] 130,235] 128,809] +0.6| +11 -1.2] 132,014] 130,668] 128,130 120,904| +9.2
Defense capital goods *....... 110,278] 109,615] 110,636) +0.6] -0.9, 0.5] 110,598] 110,597] 110,302 96,554 +14.5
Durables excluding capital goods....f. 163,293] 164,943] 169,268 -1.0 -2.6 -0.5] 162,807] 165,636] 164,232 165,878, “1.9
Miscellaneous series:
Producers’ durable equipment.. 314, 387 315,907] 313,989] 0.5 +0.6 +2.5 318. 835 316,637] 311,865, 286. S78 +10.6
Household durable goods. 5,8: 5,900} 6,105 1.2 -3.4 +0.9) 5,993} 5,727 -3.4
Information technology industries... 51 Rr 50,775 49,725 +0.6) +241 -2.2 st "Os8 50,417 49,614) “ 313 +12.6
Health care equipment
and products. 10,994 10,923 10,985 +0.7 -0.6 -0.1 11,226, 11,251 10,898 10,696 +5.0
TOTAL INVENTORIES
All manufacturing industries. 494,856] 495,548] 493,057! -0.1 +0.5 -0.1] 497,448] 493,343] 481,343 479,087, +3.8
Market categories:
Automotive equipment. 9,298] 9,306 9,298 0.1 +0.1 -1.3 9,283) 9,150} 8,799 9,047 +2.6
Home goods and apparé 34,222 34,273 34,073 -0.1 +0.6) +0.3 34,059 33,985 32,687 31,733 +73
Consumer staples.. 79,499, 79,896 79,732) -0.5 +0.2 -0.5 79,516 79,512 78,597 77,994 +2.0
Machinery and Scuipment 120,828] 120,585] 120,052 +0.2 +0.4 +1.0} 122,148] 119,416] 115,423] 116.799) +4.6
Business supplies... 30,143 30,052, 29,678 +0.3) +1.3) -1.3 29,923) 29,554 28,636) 28,823 +3.8
Construction materials
and supplies... 32,740 32,723, 32,585) +0.1 +0.4) +0.7 33,088 32,726 31,856 31,540 +4.9
Defense products. 18,045 18,268 18,143 1.2 +0.7, -3.5, 18,070, 18,162 17,615) 19,013 -5.0
Other materials, supplies and
intermediate products. 170,081] 170,445] 169,496] -0.2 +0.6| -0.2} 171,361] 170,838] 167,730] 164,138, +4.4
Durable goods industries:
Nondefense capital goods *. 112,076] 111,791] 111,162 +0.3) +0.6 +1.2] 113,006] 110,417] 106,692) 106,857 +5.8
Excluding aircraft and d parts. 80,038 79,613) 78,954 +05 +0.8 +13 80,978 78,703 75,893 74,375 +8.9
Defense capital goods *. 18,434) 18,750] 18,613 “1.7 +0.7 3.4 18,481 18,602) 18,025 19,564 5.5
Durables excluding capital goods... 181,469] 181,617] 180,435 0.1 +0.7) -0.1] 182,652] 181,483] 176,917] 174,323, +4.8
Miscellaneous series:
Producers’ durable equipment... 201,704] 201,288] 199,727 +0.2 +0.8, +0.2] 203,012] 199,456] 193,181 192,867| +5.3
Household durable goods... 18,183) 18,178 18,047 0.0) +0.7] +0.5 18,241 18,110) 17,307 16,796 +8.6
Information technology industries 37,696 37,752) 36,875 -0.1 +2.4) +0.9) 37,902 36,990 35,174) 33,958 +11.6
Health care equipment
and products.... 22,370 22,637 22,507 1.2 +0.6) +0.3) 22,298 22,220 21,840) 21,139 +5.5

° Preliminary " Revised
See footnotes at end of Table 5

See note at end of Table 2 relating to survey error and revisions.


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]
Industry Change|
Feb. | Jan. | Dec. | Jan.-| Dec.-| Nov. -| Feb. Jan Dec. | Feb. | Feb.
2001° | 2001' | 2000 | Feb. | Jan. | Dec. | 2001" | 2001" | 2000 | 2000 ]01/00] 2001° | 2000
SHIPMENTS
All manufacturing industries..........] 364,541] 366,408] 372,216} -0.5] -1.6]  -0.4] 355,652] 327,688] 372,241] 365,756] -2.8| 683,340] 699,108
Market categories:
Automotive equipment......... 13,699] 13,818] 14,773{ -0.9] 6.5] -2.3] 14,214] 12,500] 13,079] 17,433| -18.5] 26,714) 33,236
Home goods and apparel... 20,237| 20,160] 20,219} +0.4) -0.3| -0.3| 20,351] 17,342] 18,097] 20,985] -3.0] 37,693] 38,893
Consumer staples.........-- 81,502] 81,225] 81,897] +0.3] -0.8| +0.2| 77,974] 75,262| 82,234] 75,668] +3.0 153,236] 147,297
Machinery and equipment. 70,503] 70,645] 72,841] -0.2] -3.0| -0.4| 66,685] 58,681] 80,971] 67,520] -1.2] 125,366] 127,857
Business supplies... 27,874] 28,265] 28,606] -1.4) -1.2| +0.2| 26,950] 25,670] 28,627) 27,138] -0.7| 52,620} 52,092
Construction materials
and supplies. 21,442| 21,620] 21,786] -0.8] -0.8| -1.3] 20,578] 18,815] 20,003} 22,783] -9.7| 39,393] 43,416
Defense products........ 6,509] 6,655] 6,843) -2.2] 2.7] +21] 6,309] 5,533] 7,945] 6,275} +0.5} 11,842] 11,639
Other materials, supplies and
intermediate products... 122,775] 124,020] 125,251] -1.0]  -1.0]  -0.6] 122,591] 113,885] 121,285] 127,954] -4.2] 236,476] 244,678
Durable goods industries:
Nondefense capital goods * 59,770] 59,972} 61,941] -0.3] -3.2| +0.1] 55,239] 48,535] 72,385] 54,039] +2.2] 103,774} 102,020
Excluding aircraft and parts 50,947] 52,821] 53,692] -3.5] -1.6] +0.6| 46,697| 42,678] 62,255] 47,113] 0.9] 89,375] 88,621
Defense capital goods *... “] 6.358] 6.480] 6.638] -1.9] -2.4] +25] 6106} 5,296] 7,874] 5,948] +2.7] 11,402) 11,017
Durables excluding capital goods...| 133,983] 135,067] 138,009] -0.8] | -2.1] | -1.0] 134,024] 121,524] 130,971] 145,213] -7.7] 255,548] 276,490
Miscellaneous series:
Producers’ durable equipment. 128,696] 129,537] 133,555] -0.6] -3.0} 125,417] 111,336] 138,254] 132,986] -5.7] 236,753] 252,123
Household durable goods... 10,856] 10,865] 10,823] -0.1] +0.4 10,768] 9,315} 10,376] 11,017) -2.3| 20,083] 20,477
Information technology industries... 31,210] 32,224] 33,147] 3.1) -2.8 27,768] 24.913] 41,357] 27,680] +0.3] 52,681) 51,144
Health care equipment
and products. 14,313| 14,114] 14,146] +14] -0.2 13,728] 12,856] 15,222| 12,950} +6.0] 26,584] 25,176
NEW ORDERS
All manufacturing industries......... 362,981} 364,357] 380,894] -0.4] -4.3]  +0.6] 352,857] 333,793] 379,520] 369,263] -4.4] 686,650] 717,101
Market categories:
Automotive equipment. 13,713] 13,786] 14,697] 0.5] -6.2] -2.9} 14,250] 12,559] 13,033] 17,413] -18.2] 26,809] 33,305
Home goods and apparel 20,161] 20,112) 20,173} +0.2] -0.3| -2.0} 20,508] 17,841] 17,675] 21,376] -4.1] 38,349] 40,022
Consumer staples 81,565] 81.206] 81,822] +0.4] -0.8| 0.0} 77,937] 75,162| 82,146] 75,670] +3.0] 153,099] 147,153
Machinery and equipment....... 69,620] 73,407| 82,188] -5.2| -10.7] +8.7] 66,372] 62,831| 89,254] 68,402| -3.0} 129,203) 134,794
Business supplies...........--- 27,943] 28,187] 28,441] -0.8} -0.9] -0.6] 26,953] 25,587] 28,352) 27,120] -0.6} 52,540] 51,993
Construction materials
and supplies.. 21,473] 22,067] 22,003} -2.7] +0.3] 0.0] 20,629] 19,525] 20,226] 22,830] -9.6} 40,154] 44,109
Defense products. 7.174] 5,728] 6,283] +25.2]  -8.8] -24.6] 6,260] 5,721] 9,038] 6.834] -8.4] 11,981] 13,981
Other materials, supplies and
intermediate products. 121,326] 119,864] 125,287] +1.2] 4.3] -0.9] 119,948] 114,567] 119,796] 129,618] | -7.5} 234,515] 251,744
Durable goods industries:
Nondefense capital goods ? 99,348] 63,359] 72,054] -6.3] -12.1] +11.7] 55,410] 53,034] 81,513] 54,922] +0.9] 108,444] 108,559
Excluding aircraft and parts. 51,700] 54,247] 52,188] -4.7] +3.9] -1.5] 48,043] 45,216] 59,766] 48,488] -0.9} 93,259] 94,307
Defense capital goods * 7.021] 5.459] 6,123] +28.6] -10.8] -26.8) 6,107] 5,591] 9,147] 6,484] 5.8) 11,698] 13,931
Durables excluding capital goods... 132,333] 130,742] 137,112] +1.2] -4.6] 1.7] 131,195] 122,928] 128,038] 147,010] -10.8] 254,123] 284,824
Miscellaneous series:
Producers’ durable equipment........] 127,176] 131,455] 141,353] 3.3] -7.0} +3.1] 124,696] 116,108] 144,577] 134,027] -7.0] 240,804] 261,172
Household durable goods..............] 10,788] 10,660] 10,877] +1.2} -2.0} -3.4] 10,836] 9,581] 10,104) 11,304) 4.1) 20,417] 21,306
Information technology industries... 31,511] 33,274] 32,039] 5.3] +3.9) -4.3] 28,386] 25,716} 39,777] 27,672) +2.6} 54,102] 51,614
Health care equipment
and products. 14,384] 14,052] 14,130] +2.4] -0.6] -0.6] 13,703] 13,208] 15,131] 12,851] +6.6} 26,911] 25,797

° 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.

3 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 Feb Jan Dec Nov Feb Jan Dec Nov
2001° | 2001" | 2000 | 2000 | 2001* | 2001" | 2000 | 2000
All manufacturing industries 1.36 1.35 1.32 1.32 2.85 2.84) 2.79 2.75
Durable goods industries 1.56 1.55 1.50 1.49 3.34, 3.33 3.26) 3.22
Stone, clay, and glass products.. 1.33 1.31 1.34) 1.26 0.82 0.81 0.81 0.79
Primary metals............20000 1.73 1.72 1.72 1.66 2.02 2.02 2.04 1.98
Fabricated metal products. .| 1.72 1.70 1.65 1.66 1.42 1.42 1.37 1.36
Industrial machinery and equipment. 1.56 1.49 1.51 1.48 2.36) 2.23 2.25, 2.26
Electronic and other
electrical equipment...... 1.24 1.22 1.17 1.18 2.36 2.37 2.38] 2.46
Transportation equipment. 1.62 1.68 1.54 1.53] 10.86] 11.72] 10.52] 10.09
Instruments and related pr 1.88 1.90 1.85 1.85 3.16] 3.18) 3.16) 3.18
Nondurable goods industries... 1.41 1.44 1.10 1.11 0.66) 0.66 0.65 0.65
Food and kindred products 0.87 0.88 0.88 0.88 {(X) (xX) (X) (xX)
Tobacco products. 1.10 1.10 1.10) 1.19 {X) {X) (xX) (xX)
Textile mill products. 1.69 1.72 1.70 1.70 (NA) (NA) (NA) (NA)
Paper and allied products. 1.23 1.23 1.20 1.21 (NA), (NA) (NA) (NA)
Chemicals and ailied products. 1.39 1.41 1.39 1.40 (xX) (xX) (xX) (xX)
Petroleum and coal products. 0.72) 0.68 0.69} 0.68 (X) (xX) (xX) {X)
Rubber and plastics products...... 1.36 1.35 1.37 1.33 (X) (X) {X) (xX)

° Preliminary

(X)

‘ Revised
Not Applicable

(NA) Not Available

’ Excludes the following industries with no unfilled orders: Wood and lumber products; glass containers;
metal cans, barrels and drums; farm and garden machinery; motor vehicle assembly operations; other

transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related
products; chemicals; petroleum and coal products; and rubber and plastics products.

Table 9. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES

(Based on Seasonally Adjusted data)

Shipments New Orders Unfilled Orders Inventories
Feb Feb Feb Feb
Industry Feb? | 2000- Feb? | 2000- Feb? | 2000- Feb? | 2000-
Feb' | 1996-| Jan | Feb’ | 1996-] Jan | Feb! | 1996-] Jan | Feb’ | 1996-| Jan
2001 | 2000 | 2001 | 2001 | 2000 | 2001 | 2001 | 2000 | 2001 | 2001 | 2000 | 2001
All manufacturing industries. (x) 0.2 0.3 (x) 0.2 0.2 (x) O41 01
Durable goods industries...... 0.4 03 0.4 0.2 0.2 0.2 x) 0.4 04
Stone, clay, and glass products.. (x) 07 0.6 (x) 1.3 0.4 (x) 0.3 0.3
Primary metals....... 0.3 0.2 0.3)  -0.6 0.3 0.3 (x) 0.2 0.2
Fabricated metal products... x) 0.5 0.4 (x) 0.3 0.3 (x) 0.4 0.0
Industrial machinery and equipment... 1 0.4 0.7 07 01 0.2 (x) 0.3 0.3
Electronic and other
electrical equipment.. 0.6 08 0.5)  -1.0 0.6 0.6 (x) 0.2 0.2
Transportation equipment. 0.0) 0.6 0.5)  -1.3 O14 0.2 x) 05 0.2
Instruments and related pr (x) 07 0.4 (x) O14 0.3 (x) O41 0.2
Nondurable goods industries (x) 0.4 0.2 (x) 0.3 0.3 x) 0.1 01
Food and kindred products. a) 0.2 0.2| x) (x) (x) (x) 0.1 0.2
Tobacco products, (x) 23 0.7 (X) (x) x) (x) 0.5 0.3
Textile mill products.......... (Xx) 0.6 0.4 (x) (NA)] (NA) (x) O14 0.2
Paper and allied products. (x) 0.4 0.4 x) (NA)| (NA) ) 0.2 0.2
Chemicals and allied products. (x) 0.4 0.5 x) (x) (x) x) 0.2 0.2
Petroleum and coal products. x) 1 08 (x) (x) (x) (x) 08 0.9
Rubber and plastics product x) 07 0.3 (x) (x) 0) (x) 0.3 01
Capital goods industries:
Nondefense. . 0.1 0.5 0.6] -0.1 0.8 os} -01 0.2 0.2 (x) 0.3 0.2
Defense. . 05 08 05 0.2 4.6 44 0.0 0.2 0.3 (x) 0.4] 0.0

(X) Not Applicable

(NA) Not Available

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

"The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.

? Average for this month for the last five years

See note at end of Table 2 relating to survey error and revision. in Table 9, the second column for each item represents the average revisions

of the current month for

the past five years.


CURRENT INDUSTRIAL REPORTS

ce
By

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

Manufacturers’ Shipments,
Inventories, and Orders

February 2001
13-1-(01)-02
For Wire Transmissions 10:00 a.m. EDT April 3, 2001

For Data - (301) 457-4673
For Questions - Lee Wentela or Derrick Roy
(301) 457-4832 or (301) 457-4814

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in February decreased
$1.4 billion or 0.4 percent to $363.0 billion, the Department of
Commerce, Bureau of the Census reported today. This follows
a 4.3 percent January decrease. Year to date, new orders for
2001 are 3.0 percent below the same period a year ago.

Shipments decreased $1.9 billion or 0.5 percent to $364.5
billion, following a 1.6 percent January decrease. This is the
sixth consecutive decrease. Year to date, shipments for 2001 are
1.4 percent below the same period a year ago.

Unfilled orders decreased $1.6 billion or 0.3 percent to
$593.4 billion, following a 0.3 percent January decrease. The
unfilled orders-to-shipments ratio was 2.85, up from 2.84 in
January.

Inventories decreased $0.7 billion or 0.1 percent to $494.9
billion, following a 0.5 percent January increase. The
inventories-to-shipments ratio was 1.36, up from 1.35 in January.

New Orders

New orders for manufactured durable goods in February
decreased $0.9 billion or 0.4 percent to $198.7 billion, revised
from the previously published 0.2 percent decrease.

Industrial machinery and equipment had the largest
decrease, $1.3 billion or 3.1 percent to $42.2 billion. Fabricated
metals decreased $0.7 billion or 3.7 percent to $18.9 billion; this
is the largest decline since May 1997. Transportation equipment
decreased $0.5 billion or 1.3 percent to $41.7 billion. Electronic
and other electrical equipment increased $1.9 billion or 5.0
percent to $38.9 billion, due to electronic components.

New orders for nondurable goods, down five of the last six
months, decreased $0.5 billion or 0.3 percent to $164.3 billion.
A decline in petroleum and coal products more than offset an
increase in food and kindred products.

Shipments

Shipments of durable goods in February decreased $1.4
billion or 0.7 percent. to $200.1. billion, revised. fromthe
previously published 0.3 percent decrease. This is the fifth
consecutive decrease.

Industrial machinery and equipment, led by computer and
office equipment, had the largest decrease, $2.0 billion or 4.7
percent to $41.4 billion. This'is the largest decrease since July
1986. Electronic and other electrical equipment decreased $0.3
billion or 0.7 percent to $40.0 billion. Transportation equipment,
up for the first time since September 2000, increased $1.4 billion
or 3.5 percent to $42.4 billion, due to aircraft and parts.

Shipments of nondurable goods, down five of the last six
months, decreased $0.5 billion or 0.3 percent to $164.4 billion.
Petroleum and coal products had the iargest decrease, $0.9 billion
or 4.2 percent to $19.7 billion.

Unfilled Orders

Unfilled orders for durable goods in February decreased
$1.4 billion or 0.2 percent to $568.6 billion, revised from the
previously published 0.3 percent decrease. Electronic and other
electrical equipment, down three consecutive months, had the
largest decrease, $1.1 billion or 1.2 percent to $94.4 billion, due
to electronic components. Transportation equipment decreased
$0.8 billion or 0.3 percent to $262.8 billion. Primary metals,
down fifteen of the last sixteen months, decreased $0.3 billion or
1.1 percent to $28.9 billion. Industrial machinery and equipment
increased $0.8 billion or 0.9 percent to $92.7 billion, due to
engines and turbines.

Inventories

Inventories of durable goods in February decreased $0.2
billion or 0.1 percent to $312.0 billion. This is the first decrease
since March 2000.

Transportation equipment had the largest decrease, $0.4
billion or 0.6 percent to $68.6 billion. Electronic and other
electrical equipment increased $0.2 billion or 0.5 percent to
$49.5 billion; this is the tenth increase in the last eleven months.

Inventories of nondurable goods decreased $0.5 billion or
0.3 percent to $182.9 billion, mostly due to chemicais and allied
products.

By stage of fabrication, February finished goods increased
0.2 percent in durables and decreased 0.1 percent in nondurables,
Work in process decreased 0.1 percent in durables and 0.6
percent in nondurables. Materials and supplies decreased 0.2
percent in durables and 0.4 percent in nondurables.

SEE BACK PAGE FOR UPCOMING REVISIONS

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

The advance report on durable goods for March is scheduled for April 25, 2001 at 8:30 a.m. and the full report on May 2, 2001 at 10:00a.m. For sale by the Superimendentof Documents,
U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through STAT-USA/Internet at www stat-usa, gov


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

Washington, DC

OFFICIAL BUSINESS

FIRST-CLASS MAIL
POSTAGE & FEES PAID
U.S. Census Bureau
Permit No. G-58

20233

Penaity for Private Use, $300

NOTICE

Revised historical data for Manufacturers’ Shipments, Inventories, and Orders will be
issued on May 21, 2001. The revisions to the historical data are the result of:

Retabulating monthly data that were reported under the Standard Industrial
Classification (SIC) system to be consistent with the new North American Industry
Classification System (NAICS). Visit our web page at:
http://www.census.gov/indicator/www/m3_ and click on.the link titled M3 Survey
Revision Information for more detailed information on the conversion to NAICS.

Benchmarking the shipments and inventory data to the 1997 Economic Census and
the 1998 and 1999 Annual Surveys of Manufacturers (ASM).

Benchmarking unfilled orders to the 1999 Unfilled Orders survey and adjusting new
orders to be consistent with the benchmarked shipments and unfilled orders data.

Correcting monthly data for late receipts, reclassification of reported data, and
revisions to previously reported data.

Updating the trading day adjustment factors for the shipments series, and

Updating the seasonal adjustment factors for all series.


Billions Of Dollars

Billions Of Dollars

11

>
|
NONDEFENSE CAPITAL GOODS
New Orders and Shipments
Three Month Moving Averages
70 70
65 F— aa —~ 65
60 = =~] 60
_ —
55 b= == = ~ 47155
50 f 50
45 + —+4 45
40 . 40
ima low low iow ica a o So Sc i=} i=) i=} =
S FSF FSF & FSF F F&F § & F §& F€ 8B
a 4 t 8 os ¢ @ & t+ ow ¢ 3 OU
£<«¢ 2 2 6 6 £# £ 3 $$ 8 g
— — Shipments —— _ New Orders
DEFENSE CAPITAL GOODS
New Orders and Shipments
Three Month Moving Averages
14 14
13 F}— 4 13
12 —7 12
ll >+— 411
10 i \ — 10
9F | \ 9
8 / \ ds
a a
5b 45
4 . f . 4
$ € €$ € $< € §$ §€ 8 $< $< BE
a & & w 3 8 a) & § we 3 9 a
f£ ¢ 2 2 6 6 £& ££ 2 $ 8 2 F
— — Shipments —— _ New Orders

Note: All charts based on seasonally adjusted current dollars.


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

BY INDUSTRY GROUP
(Millions of Dollars)

‘Seasonally Adjusted

‘Not Seasonally Adjusted

Monthly Percent Change Monthly Percent
Industry Change
Feb. Jan. Dec. | Jan.- | Dec.- | Nov.- | Feb. Jan. Dec. Feb. Feb.
2001 | 2001 | 2000 | ‘Feb. | Jan. | Dec. | 2001" | 2001’ | 2000 | 2000 | 01/00
MATERIALS AND SUPPLIES
All manufacturing industries. 164,529| 164,980] 163,664) +0.8! -0.8] 164,921] 165,827] 163,247| 159,641 +3.3
Durable goods industries. oe 101,065] 101,282) 100,354 +0.9 -0.2] 101,137] 101,803] 100,084] 96,282 +5.0
Stone, clay, and glass products 3,458) 3,440] 3,415) +0.7 -o.1] 3.473| 3.465] 3,446] 3,420 +15
Primary metals. 7'822| 7,834) 7,788 +0.6| 27) 7:717| 7,936) 8,115 7,771 -0.7
Fabricated metal products..... 10,831] 10,869] 10,757 +1.0 -1.2] 10,784] 10,897] 10,853] 10,910 “1.2
Industrial machinery and equipment....|_ 22,190] 22,295) 21,976) +15] +2.8[ 22,181] 22,110) 21,823) 20,232 +9.6
Electronic and other electrical
equipment. 19,381] 19,364] 19,336! +01 0.4 19,414] 19,402) 19,055] 18,143 +7.0
Transportation equipment.... 15,375] 15,316] 15,475 -1.0) -2.6] 15,452| 15,447] 15,378] 15,351 +0.7
Instruments and related products... 10,603] 10,663] 10,149) -0.6| +5.1]  +2.0] 10,574] 10,662] 9,957] 9,101] + 16.2
Lumber, furniture and
miscellaneous durable goods... 11,405] 11,501] 11,458) 0.8] +04 aa] 14,542) 11,884] 11,757] 11,354 +17
Nondurable goods industries... 63,464) 63,698] 63,310) -0.4)  +0.6' -1.7] 63,784] 64,024] 63,163] 63,359) +0.7
Food and kindred products... 11/421] 11,368) 11,346[ +05] +0.2 13] 11/520] 11,590) 11,379] 11,572 -0.4
Tobacco products. 5 4.204) 4,187] 4,227] +0.4 -0.9) 5.2) 4.436| 4,510] 4,483] 4,812 7.8
Textile mill products.. 2,954] 2,990] 2,998) “1.2 0.3} -1.6] 2,966] 2,981] 2,947] 2,858 +3.8
Paper and allied products.. 7,995] 8,049] 7,916 0.7] +17 -1.4{ 8,029] 8,060) 7,944] 8,015. +0.2
Chemicals and allied products... 16,101] 16,324] 16,034] 14) +18 -1.1] 16,189] 16,378) 15,940] 15,970 +14
Petroleum and coal products. 3:967] 3,966} 4,020 0.0} 4.3 6.2] 3,869] 3.765) 3,822] 3,851 +0.5
Rubber and plastics products. 7.653 7,630} 7,630) +0.3 0.0) 0.1, 7,740] 7,685] 7,669) 7,564) 42.3
Apparel, printing and publishing
and leather goods. 9,169| 9,184] 9,139 0.2] +05 -1.5{ 9,035] 9,055] 8,979) 8,717 +3.6
WORK IN PROCESS
All manufacturing industries... 144,967] 145,333] 145,048] 0.3] +0.2| -0.5] 144,931] 143,476] 140,161) 145,701 0.5
Durable goods industries... . 112,930] 113,087] 112,825 0.1, +0.2 -0.3] 113,205] 111,481) 108,687{ 115,157 “1.7
Stone, clay, and glass products. 1897] 1,900] 1,922! -0.2 “aa} +76] 1,988] 1.912] 1,815] 1,641) 21.1
Primary metals... seseee 8,489] 8,604] 8,813} 1.3 24] +0.71 8,496] 8.597) 8,703} 8,538 0.5
Fabricated metal products. 9,723] 9.632} 9,296] +09] +3.6 0.3] 91654] 9,475] 9,034] 9,212 +4.8
Industrial machinery and equipment 20,277) 20,206] 20,441) = +0.4 at -1.7[ 20,724) 19,888] 19,526) 21,934 5.5
Electronic and other electrical
equipment. 14,447) 14,259] 13,9241 +1.3)  +2.4]  +1.2] 14,445[ 13,995) 13,251] 13.841 +44
Transportation equipment. 41,962) 42,371] 42,323 1.0) +0.1 0.3] 41,818] 41,927] 40,920) 44,023 5.0
Instruments and related products... 10,148] 10,201] 10,250! -0.5| -0.5| -0.3] 10,132] 9,952) 9,780) 10,143 0.1
Lumber, furniture and
miscellaneous durable goods..... 5,987| 5,914) 5,856, +1.2] +1.0) -2.5] 5,948| 5,795] 5,658} 5,825 424
Nondurable goods industries... 32,037] 32,246] 32,223 0.6} +0.1 -0.9] 31,726] 31,995] 31,474) 30,544
Food and kindred products... 6.334] 6,306} 6,384) +04 -1.2| +14] 6,409] 6,548] 6,735] 6,452,
Tobacco products. 101 99| i146] +20) 14.7) +2.7 110 107 132 130)
Textile mill products 2,434, 2,453] 2,466 -0.8 05} +0.1] 2,439] 2,458] 2,376} 2,520
Paper and allied products... i870] 1.845] 1,853] + 1.4 -0.4 11 1910] 1,890} 1,853] 1,789
Chemicals and allied products. 10,043] 10,270} 10,304! -2.2| 0.3] -115{ 9,800! 9,960] 10,068] 8,511
Petroleum and coal products.. 3,198] 3,136] 3,199] +2.0 -2.0) -2:9) 3,127] 3,054] 2,980) 3,198
Rubber and plastics products.. d511] 2'487| 2.347] +1.0] +6.0] $5.4) 2,541] 2,516] 2,314) 2,229) +14.0
Apparel, printing and publishing
and leather goods. 5,546] 5,650] 5,554 18) +17 -4.0] 5,390] 5,462] 5,016} 5,715) 57
FINISHED GOODS
All manufacturing industries. 185,360| 185,235] 184,345] +0.1] +05]  +0.9| 187,596] 184,040] 177,935) 173,745 +8.0
Durable goods industries... . 97,984] 97,789] 97,031] +0.2) +0.8] +11] 99,797] 97,218] 92,863} 89,305) + 11.7
Stone, clay, and glass prod cts. 5.327) 5,318) 5,359] +0.2' 0.8] +20] 5,528] 5,409] 5,241] 5,244 +54
Primary metals. - 8,453] 8,450] 8,406 oof +05] +06] 8.615] 8,519] 8,297) 8,523) +11
Fabricated metal products. 12.414| 12,452) 12,401 0.3} +0.4 -O.1] 12,572| 12,386] 11,942 11,840 +6.2
Industrial machinery and equipment....1 22,135] 22,111] 22,160) +0.1 “0.2] +241 22,987] 22,437] 21,489] 19,847) +15.8
Electronic and other electrical
equipment......-.-ssesse . 15,706| 15,676} 15,210] +0.2)  +3.1) +40] 15,922] 15,437) 14,398) 12,170) +30.8
Transportation equipment... 11,262] 11,305] 11,180] 0.4) 0 41.1 -1.6] 11,342] 10,888] 10,089} 10,657 +64
Instruments and related products. i443] 8.401] 8.345] +0.6| 40.7] «+0.4) 8,390] 8,129) 8,030) 8,023) +4.6
Lumber, furniture and
miscellaneous durable goods 14,238] 14,076] 13,970) +1.2) +08 0.2] 14,441] 14,013] 13,977) 13,001) +11.1
Nondurable goods industries... 87,376] 87,446] 87,314 0.1} +0.2] +0.6] 87,799] 86,822) 85,072) 84,440) +4.0
Food and kindred products. 20,295] 20,235} 20,274) +0.3) -0.2] +0.5| 20,338] 20,077] 19,915] 21,350 4.7
Tobacco products. 591 624] 660 5.3| 55] +19 725 709| 70: 807 10.2
Textile mill products. 4,976| 4,993] 5,024 -0.3! +016] +0.6 5,030] 4,963) 4,732] 4,881 +3.1
Paper and allied products... 7.190] 7,168) 7,234 +0.3 0.9 1.2) 7.211) 7,119] 7,022) 6,893 44.6
Chemicals and allied products... 24,982] 25,036] 24,852 “0.2}  +0.7] +1.2| 25.566] 25,105) 24,583) 23,781 +75
Petroleum and coal products 6.963] 6,936, 6.834) +04) +15) +20] 6,714) 6,750] 6,485) 5,851) + 14.7
Rubber and plastics products. 8,658| 8,717) 8,841 -0.7' -1.4[ +10] 8910| 8,806] 8,661] 8.540 44.3
Apparel, printing and publishing
and leather goods. 13,721| 13,737] 13,598 -0.1{ +10 o.o] 13,308] 13,293] 12,971] 12,337 47.8

° Preliminary * Revised

See note at end of Table 2 relating to survey error and revisions.


Table 3. VALUE OF MANUFACTURERS' UNFILLED ORDERS FOR INDUSTRY GROUPS
(Millions of Dollars)

Seasonally Adjusted

Not Seasonally Adjusted

Monthly Percent Change Monthly Percent
Industry Change
Feb. Jan. Dec. | Jan.- | Dec.- | Nov.- | Feb. Jan. Dec. Feb. Feb.
2001° 2001" 2000 Feb. Jan. Dec. 2001° 2001° 2000 2000 01/00
All manufacturing industries... 593,438] 594,998] 597,049 0.3 -0.3] +1.5] 593,600] 596,395] 590,290] 550,684 +78
Manufacturing industries
without defense capital goods. 483,160] 485,383] 486,413 0.5 -0.2] 41.9] 483,002] 485,798] 479,988] 454,130 +6.4
Durable goods industries 568,611} 570,020] 571,979 0.2 -0.3} +1.5] 569.471] 572,128] 565,930] 525,566 +8.4
Stone, clay, and glass products 6,333] 6,300] 6,225] +05) +1.2 -0.8] 6,410] 6,355] 6,101] 6,576 2.5
Primary metals. . 28,886] 29,202] 29,604 Wt “1.4 -1.4) 29,904 29,371] 28,847} 33.011 “9.4
Blast furnaces, steel mills 10,233} 10.399] 10,637 “1.6 “2.2 2.0] 10,806] 10,539] 10,252) 13,829 21.9
Iron and steel foundries. ses 5.175] 5,136] 5,203] +0.8 1.3} +29] 5.311] 5,191] 5,117] 4,869 +91
Nonferrous and other primary
metals - . 13,478] 13,667] 13,764 “1.4 0.7 -2.4) 13,787) 13,641] 13,478] 14,313 3.7
Fabricated metal products... 25,578] 25,770] 25,497 0.7) +11) +1.0] 25,585] 25,776] 25,059] 25,099 +19
Industrial machinery and equipment... 92,674] 91,856] 91,710] +0.9]  +0.2' -0.9} 93,702] 92,509] 91,301] 85,321 +9.8
Engines and turbines : 33,240] 32,356] 31,814) +27) +1.7] +35} 33,457) 32,720] 32,197] 24.867] +34.5
Construction, mining and
material handling equipment. 8.191] 8,365} 8,497 “2.4 1.6] +0.1] 8,545] 8,517] 8,360] 9,230) “7.4
Metalworking machinery. 5,819] 5,786] 5,768] +06] +03 7.9} 5,819] 5,786] 5,768] 7,193] -19.1
Computer and office equipment 10,447] 9,928] 9,882] +8.2] +05 -6.6| 10,356] 9,583] 9,765] 8,778] +18.0
Electronic and other
electrical equipment... 94,435] 95,563] 98,841 1.2 “3.3 -1.0] 93,041] 96,089] 96,064] 88,762, +48
Electrical transmission and
distribution equipment and
industrial apparatus... 7.650] 7,774) 7,913 “1.6 1.8} +10] 7,741] 7,782] 7,767] 7,263 +6.6
Electric lighting and
wiring equipment. 5,473} 5,348] 5,164] +2.3] +3.6) +28] 5,4731 5,348] 5,164] 5,381 +17
Communications equipment. 30,360] 30,450] 29,308 0.3} +39 -1.4] 30,730] 30,735] 29,698} 26,337] +16.7
Electronic components... 43,981] 45,128] 49,291 2.5) 8.4 -1.3] 41,798] 45,160] 46,590] 43,367 -3.
Transportation equipment. 262,805] 263,566] 262,364 0.3] +0.5] +4.4] 262,908] 264,349] 261,502] 231,062} +13.8
Aircraft, missiles,
space vehicles, and parts. 229,173) 229,667] 228,613 -0.2] +0.5]  +5.0] 228,971] 230,259) 227,853] 193,129] +18.6
Shipbuilding and tanks.......... a 18,412] 18,833] 19,163 2.2 -1.7] +0.8] 18,414] 18,760] 19,087] 20,105] “8.4
Instruments and related products. 49,266] 49,027] 48,980] +05] +01 -0.4] 49,700] 49,439] 48,926] 47,438 +48
Search and navigation equipment. 26,075] 25,854} 25,863] +0.9 0.0 -1.5] 26,227] 25,953] 25.899] 25,531 +27
Measuring and controlling devices. 11,311] 11,359] 11,238 0.4) +11] +20] 11,311] 11,359] 11,238] 10,299 +9.8
Medical instruments and supplies. 10,950] 10,879] 10.941] +0.7 -0.6 -0.1{ | 11,185] 11,209] 10,856] 10,655, +5.0
All other durable goods... - 8.634] 8,736] 8,758 “1.2 -0.3 0.8} 8,221] 8,240] 8,130] 8,297 0.9
Nondurable goods industries. 24,827] 24,978] 25,070 -0.6 0.4] -0.1} 24,128] 24,267] 24,360] 25,118 3.9

° Preliminary " Revised

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


Table 2. VALUE OF MANUFACTURERS' NEW ORDERS FOR INDUSTRY GROUPS

(Millions of Dollars)

Seasonally Adjusted

Not Seasonally Adjusted '

‘Monthly Percent Change ‘Monthly Percent Year to date
Industry Change
Feb. Jan. Dec. | Jan. - | Dec. - | Nov. Feb. Jan. Dec Feb. Feb.
2001° | 2001" | 2000 | Feb. | Jan. | Dec. | 2001 | 2001" | 2000 | 2000 | o1/00} 2001" 2000
All manufacturing industries... 362,981] 964,357) 380,894) 0.4) -4.3] +0.6] 352,857] 333,793] 379,520] 369,263 -4.4] 686,650) 717,101
Manufacturing industries
with unfilled orders... . see seo} 202-486] 222.453] 0.3] 6.8] +1.9] 198,602) 188,949] 229,239] 209,382] -5.1| 387,551] 409,829
without defense capital goods... 355,960] 358,898] 374,771 0.8 4.2) +1.3] 346,750] 328,202) 370,373] 362,779] -4.4] 674/952] 703.170
Durable goods industries... Tee gon] 129360] 215.289) -0.4) -7.31 +1.4) 192,712] 181,553] 218,698] 208,416] -7.5] 374,265] 407,314
With unfilled orders... 168,866) 169,245] 183,889} -0.21 8.0] +2.3] 161,850] 154,153] 191,101] 170,901] 5.3] 316.0031 336/013
Stone, clay, and glass products........ 8.0611 8,197] 7,922 17] +3.5{ -4.91 7,596] 7,310] 6,832] 8,413] -9.7/ 14,906] 16,488
Primary metals......e..-0. N3G8)] 14085] 14,1237 0.5] 0.5] -4.7] 15,106] 14,246] 13,496] 17.2621 -12'5|  29,352|  as.649
Blast furnaces, steel mills. Toya, OSL} 4804] 0.3] 42.67 5.7] 5,500] 5,275] a'eaal © 6,99| 2031 tor77s| 13.61
lron and steel foundries.......- 1,348} 1,275] 1,496) +5.7/ 14.81 +02] 1/460] 1,325] 11404] 1618] sl 2,785 3,242
Nonferrous and other primary
MELAS. .ooeevcseeeseneeeeeensee 2358] 2-849] 7823] 1.77 40.3) 4.9] 2,146] 7,646] 7,448 8,745] 6.81 15,792] 16,774
Fabricated metal products... 42/938] 19.646] 19,8937 3.7] 1.2] +1.7] 18,848] 18,203] 18,454] 20,603] -85|  37.081| 39,97
Industrial machinery and equipment. 42,2291 43,578) 42,012] -3.1] 43.7] -3.21 40,253] 37:276| 44/752] 40,228] +01 77,523) 77,202
Engines and turbines.......... 3431) 3,344) 3,461} 42.6) -3.4) +11.3] 3/164] 21697] 3'938] -2'631) +203 5,861 5,046
Construction, mining and
material handling equipment. 3855] 4,058] 4,132] 5.0] -1.8/ 410.6] 4,184] 3,985] 4,093 4.373] -a.3 8,169 8,295
Metalworking machinery. “| ,3:692] 3,722) 3,225) = -0.8] +15.4] 9.0] 3/401! a3] 3/301] eas} lea 6,284) 7,060
Computer and office equipment... 13,887] 14,508] 14,040! -4.3] +3.3] 9.3] 12'027] 10,394| 17.aga) it9eo| oa 22,421] 21,047
Electronic and other
electrical equipment... 38,910} 37,040] 40.546] +5.0] 8.6] -0.8] 34,825] 34,143] 43,459] 38,024] 8.4] 6a,g68] 74,159
Electrical transmission and
distribution equipment and
industrial apparatus. see 3,914) 3,926) 4,222) 0.3] -7.0] -2.4) 4,048] 3,550] 4,168] 4.363] 7.3. 7,595) 8,187
Electric lighting and
wiring equipment. . 2,787] 2,819) 2,685] -1.1) +5.0] 411.6] 2,781] 2,496] 2,942 2,576] +8.0 5,277 5,116
Communications equipment........ Bra] 11980] 8.953] 11.4) +113! 2.6) 8.7021 8,626] 13/684] 9.130] 4.7] 17,328) 17,189
Electronic components ge8)3] 14090] 18,2327 +19.3) -22.7| +01) 13,812] 14.757] 17/475{ 16.245] 15:0] 28,569 32/380
Transportation equipment. 41,672) 42,219] 55,733] -1.3) 24.2) +12.4] 41,767] 39,334] 56,030| 48,5781 14.0] a1 101 98,187
Aircraft, missiles,
space vehicles, and parts..... 11,603) 11,563) 22,640} +0.3] -48.9] +42.4] 10,293] 10,933} 26,364] 8,727] +17.9{ 21,226| 21,582
Shipbuilding and tanks......... 665 866} 1,344] -23.2| -35.6] -25.1 688 68% 1,386} 1,817) -62.1 1,376| 2,468
Instruments and related products. -{ $8811) 15.473) 15,330) +2.2/ +0.) 25] 15,533] 13,912] 17/330] 141312) +5] 29/45} ae'te1
Search and navigation equipment... 3241) 3,023) 2,777) +7.2] +89) -15.6] 3,232] 2,673) 3.835] 2/933] +102 5.905] 5,785
Measuring and controlling devices. 5.351] 5.4451 5557] -1.7 2.0) +71) 8,415] 4.8181 51995] 4.705] 415.1 10,233 8,848
Medical instruments and supplies. 4,972) 4,783) 4,679] 44.0] +2.2] 4.3] 4,766] 4.631] + 5.095] a’a56] 49.4 9/397 9,172
All other durable go0d8..........e.00 19,113] 19,352] 19,730) 1.2 4.9) 1.7] 18,784) 17,128] 18,345] 20,996} -10.5] 35,913] 39,753
Nondurable goods industries. 164,279] 164,797] 165,605] -0.31 -0.5] _-0.3] 160,145] 152,240 160,822{ 160,847] 0.41 312,385| 309,787
With unfilled orders. 37,685} 97,941) 38,564) -0.7] -1.6/  +0.1] 36,752] 34,796] 38,138] 38,481] -4.5| 7a1saa| 9a'a16

* 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 can

net dollar increase from the prior month to the current month.

Note: Estimates of manufacturers’ shipments, inventories and orders are subj
nonsampling error, which includes errors of coverage, response,
error cannot be calculated. Further details on survey design, methodology,

ject to survey error and revision. One major component of survey error is

and nonreporting. Since the survey panel is not a probability sample, estimates of sampling

Current industrial Reports: M3-1(97}, Manufacturers’ Shipments, Inventories, and Orders: 1987-1997."

‘cellations, the percentage change calculation is algebraically negative, even though there is a

and data limitations are contained in our most recent annual benchmark publication,


Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS FOR INDUSTRY GROUPS

(Millions of Dollars)

‘Seasonally Adjusted

Not Seasonally Adjusted *

Monthly Percent Change Monthly Percent] Year to date
Industry Change|
Feb. | Jan. | Dec. Nov.-] Feb. Dec. | Feb. | Feb.
2001" | 2001 | 2000 2001° 2000 | 2000 |01/00| 2001" | 2000
All manufacturing industries. 364,541} 366,408] 372,216 (0.4] 355,652) 327,688] 372,241] 365,756] -2.8] 683,340] 699,108
Manufacturing industries
with unfilled orders....... 208,111} 209,237| 213,775 4| 201,397] 182,844] 221,960] 205,875] 2.2] 384,241) 391,836
without defense capital goods. 358,183] 359,928] 365,578 4] 349,546] 322,392] 364,367) 359,808] -2.9] 671,938] 688,091
Durable goods industries. 200,111] 201,519] 206,588 5] 195,369] 175,355] 211,230] 205,200] -4.8| 370,724] 389,527
With unfilled orders. 470,278] 171,204] 175,188 0| 164,507] 147,955| 183,633] 167.685] -1.9] 312,462] 318,226
Stone, clay, and glass products. 8,028] 8,122) 7,974] ol 7.541! 7,056] 6,920] 8,406] -10.3] 14,597] 16,149
Primary metals: 14,297) 14,457| 14,531 ‘of 14.573] 13,722) 13,215] 16,424] -11.3] 28,295) 31,757
Blast furnaces, steel mills 5,083] 5,169| 5,017 5| 5.233) 4,988] 4.505] 6,402] -18.3| 10,221] 12,436
Iron and steel foundries 1,308] 1,342) 1,348 2) 1/340) 1,251] 1,154] 1,539] 12.9) 2,591) 3,037
Nonferrous and other primary
metals 7,905} 7,946] 8,166 9] sooo] 7.483) 7,556] 8,483] 5.7) 15,483] 16,285
Fabricated metal products... 19,117] 19:373| 19,646 2| 19,039] 17/486| 18,160] 20,611] -7.6| 36,525] 39.376
Industrial machinery and equipment...) 41,411] 43,432| 42,807 “0.7} 39.060] 36,068} 46,451] 38,750) +0.8] 75,128) 73,108
Engines and turbines. 2847) 2,802| 2,378 +20] 2427, 2:174] 2,952) 2,565] -6.4[ 4,601) 4.977
Farm and garden machinery. 2142) 2\321) 2,011 “§.4] 2/525] 2,136) 1,384] 2,294) +10.1] 4,661) 4,027
Construction, mining and
material handling equipment. 4,029] 4,190] 4,120 +49] 4,156] 3,828] 3,924] 4,064] 42.3) 7,984) 7,644
Metalworking machinery... 3,659] 3,704] 3,720 “Tol 31368] 2:865| 3.796] 3,384] 0.5) 6,233] 6.357
Computer and office equipment... 13,368] 14,462] 14,743 ‘o'9} 11/254] 10.576} 18,695] 11,425] -1.5] 21,830) 20,950
Electronic and other
electrical equipment. 40,038] 40,318] 41,529 +2.4] 37,873 34,118] 46,694] 36,667) +3.3] 71,991) 69,084
Electrical transmission and
distribution equipment and
industrial apparatus. 4,038| 4,065) 4,147 2} 4,ose] 3,535] 4,130] 4,206] -2.9] 7,621 7.820
Household appliances... 2,338] 2,402) 2,380) | 2.328] 2.006] 2\260) 2.452) -5.1{ 4,334) 4,471
Electric lighting and
wiring equipment... 2,662] 2,635| 2,542 6| 2,656} 2,312| 2,799] 2,515] +5.6| 4,968] 4,767
Household audio and
video equipment... 1,179] 1,058] 1,107 2] 1,089| _ a61| 1,081] 1,040[ +4.7) 1,950} 2,002
Communications equipment. 91904] 9,938] 10,362 5] 8.707) 7,589] 14,035) 8,856] -1.7] 16,296) 16,473
Electronic components. 17,962] 18,253] 18,880) 3] 171174) 16.187| 20,245] 15.586, +10.2) 33,361] 29,495
Transportation equipment 42,433] 41,017] 44,789 5] 43,208| 36,487] 43,828] 49,059] -11.9| 79,695} 93,507
Motor vehicles and parts.... 26,849| 27,064] 28,874 | 28,254) 25,036] 25,359] 35,689] -20.8) 53,290] 68,241
Aircraft, missiles,
space vehicles, and parts. 12,097) 10,509) 11,741 -0.5| 11,581] 8,527] 14,325| 9,904) +16.9| 20,108} 18,961
Shipbuilding and tanks. jose] 1,196} 1,191 +02] 1/034] 1/015] 1,350] 1,025| +0.9} 2,049] 1,891
Instruments and related products. 15,572] 15,426] 15,509) toa} 15.272] 13,399} 16.961] 14,492] +5.4| 28,671) 27,209
‘Search and navigation equipment...) 3,020] 3,032] 3,160) -0.4 “1 t] 2/964{ 2:613] 3,628] 3,015) -1.7) 5.577) 5,674
Measuring and controlling devices..| 5,399] 6,324) 5,336] +1.4) +44) 5.463] 4,697] 5.774) 4,761] +14.7) 10,160] 8,681
Medical instruments and supplies..) 4.901) 4,845 aaa} +1.2 “2:0) 4/790] 4.278] 5.183] 4.456) +7.5) 9,068) 8,552
Photographic goods. 1,759] 1,740] 1,814, +1.1 sos] 1591] 1/400] 1898) 1,789] 11.1] 2,991] 3,403
Alll other durable goods. 19,215| 19,374] 19,803] -0.8 “121 18803] 17:019] 19,001] 20,791) -9.6] 35.822) 39,337
Nondurable goods industries... 164,430| 164,889] 165,628] -0.3 -0.2| 160,283] 152,333] 161,011] 160,556] -0.2) 312,616] 309,581
With unfilled orders. 37,836| 38,033] 38,587|  -0.5 40.4] 36/890] 34/889] 38,327) 38,190] -3.4| 71,779] 73,610
Food and kindred products. 43,532] 42,970] 43,257] +13 +0.3| 42,280] 40,199] 42,844] 40,883] +3.4[ 82,479) 79,789
Meat products: 9,933| 9,887} 10,064) +0.5 Zz] 9.710] 9.3491 10,008] 9,459] +2.7) 19,059} 18,091
Dairy products. 6.424] 6,297] 6,343| +2.0 Tro] 6.229] 5.994] 6.385] 5.927] +5.1] 12,223] 11,763
Beverages... “] 7106) 6.724] 6.784) +5.7 zal 6.478) 5,836| 6,265| 5,967] +8.6) 12,314) 11,694
Ml other foods, except fats and oils} 18,136] 18,124) 18,191] +0.1 +04] 17/930] 17,082] 18,311] 17,705) +1.3) 35,012 34,681
Tobacco products. 4,462] 4,464 4,529] 0.0 +28] 4,325] 4.211] 4,304) 4,225] +2.4) 8,536] 8,325
Textile mill products. 6.131] 6,085] 6,157] +0.8 “o.1} 51975] 5.271] 5.573| 6,427] -7.0] 11,246) 12,019
Broadwoven fabrics and
other textiles....noeeee-= 3,432] 3,448| 3,427] -0.5 +0.6] 3,413] 3,093) 3,210) 3,651] -6.5{ 6,506) 6,807
Paper and allied products. 13,848) 13,889) 14,178] -0.3 0.6] 13,860] 13,340] 13,914[ 14,438) -4.0] 27,200) 28,088
Pulp, paper, and
paperboard mill products....... 5,435} 5,593 5,533) -2.8 0.6] 5.544) 5,441] 5,414 5,943] 6.7) 10,985] 11,488
Paperboard containers and boxes...) 3,638 3,887) 3,720] +1.4 7.9| 3.625] 3.459 3.500] 3,852] 5.9] 7,084) 7,523
Miscellaneous converted
paper products..... 4,775, 4,709] 4,925] 41.4 +0.4] 4,691] 4.440] 5,000] 4,643] +10] 9,131] 9,077
Chemicals and allied products... 36,765] 36,664] 36,810 +0.3 $0.2] 36,052| 34,289] 36,798] 35,858] +0.5| 70,341) 69,514
Industrial chemicals........ 15,402) 15,464] 15,432] -0.4 10| 15.576} 14,797| 14,893] 16,219] 4.0] 30,373] 31,442
Drugs, soaps, and toiletries. 17.416| 17,142) 17.481) +1.6 41/3] -16.513| 15,863| 18,615] 15,646] +5.5] 32,376] 30,643
Petroleum and coal products 19,736] 20,609] 20,408 -4.2 28] 18,166| 18.743] 19,691] 17,825] +1.9] 36,909) 34,056
Rubber and plastics products. 13,850] 13,993] 13,761] -1.0 “Qol 14/038] 12.887) 12,309] 14,704] -4.5| 26,925] 27,947
All other nondurable goods. 26,106] 26,215] 26,528] -0.4 +10] 251587] 23,393| 25,578] 26,196] -2.3] 48,980] 49,843

Preliminary " Revised

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

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