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.
1994? 194° 1994] Sept.| Aug. July} 1994" i998 1994 1993] 94/93
All manufacturing industries ..... | 386,317] 387,012] 386,645 02] 40.1] 40.9] 386,583] 390,510] 387,563] 380,226) — +1.7
Manufacturing industries
with unfilled orders ............ 256,215} 256,822} 256,034 02 +03 +0.8| 256,715] 260,447] 258,051] 251,254 42.2
without defense capital goods 362,803 | 363,014] 362,164 01] 40.2) +10] 362,876] 366,009] 362,745] 351,940] +3.1
Durable goods industries. 243,632 | 244,116] 243,392 +03) +10] 243,846] 246,726] 244,142] 237,395] 42.7
With unfilled orders . 222,776 | 223,370] 222/551 +04) — +0.9] 223,261] 226,375] 223,970] 217,932] +24
Stone, clay, and glass products. 7,495 7,448 7458 0.1 +h 7,302 7,398 7,513 7,390 12
Primary metals ....... . 19,826] 19,813 19,892 04] +10] 19,997] 20,022] 20,002] 19,400] 43.1
Blast furnaces, steel mills . 9,575 9,548 9,601 -0.6 40.3 9,613 9,587 9,703 9,434 +19
Iron and steel foundries 1,532 1,538 1,538 0.0 42.1 1,517 1,531 1,512 1,375] +103
Nonferrous and other Primary
metals . 8,719] 8,727] 8,753 03} +16] 8867] 8,904 8,787 8591] 43.2
Fabricated metal products -» | 23,742] 23,754] 23,766 0.1] 424] 23,580) 23,837] 23902] 23,086] 42.1
Industrial machinery and equipment . | 48,848] 49,341] 48,901 +09! 40.8] 49,006] 49,986] 48,900] 45,631] +74
Engines and turbines : 3,772| 3,703] 3,633 +19] +11 3,857] 3,905] 3,697] 3.554] +85
Farm and garden machinery . 2,615] 2,584] 2,548 +14] +19] 25550] 2,448] 2,363 2,198] +160
Construction, mining and
material handling equipment . 5,932 5,878 5,833 +0.8 40.9 5,902 5,845 5,796 5,727 43.1
Metalworking machinery 5,567 5,704 5,638 +12 +14 5,645 5,879 5,713 5,215 48.2
Computer and office equipment 11,181] 14,933] 11,928 0.0} -04) 11,360] 12,431] 12,108] 10930] +3.9
Electronic and other
electrical equipment : 38,388} 37,823] 37,158] +15] +18] +19] 38,325] 38,462] 37,690} 33,000] +16.1
Electrical transmission and
distribution equipment and
industrial apparatus . . 4,531 4502] 4,463] +06] +09| +16] 4557] 4,598] 4,531 4314] +5.6
Household appliances 2,699] 2,675] 2,583] +09! +36} +10) 2564] 2,590) 2,550] 2348] +92
Electric lighting and
wiring equipment .......... 2,989 2,997 2,977 03 +0.7 +09 2,983 3,044 3,046 2,861 +43
Household audio and
video equipment .. . 1,227 1,167 1133} +51] 43.0] 43.8 1,292 1,265 1,234 1,097
Communications equipment 11,528] 11,222} 10,975} 42.7) +23] 42.4] 11382] 11421] 11,089] 8.644
Electronic components . 12,009} 11,830} 11,689] +15] +1.2] 42.2] = 12,081] 12,004] 11,840] 10,338
Transportation equipment . . 59,558] 60,015} 60,541 08 09] +04] 59,822] 60,723] 60,296] 64,021
Motor vehicles and parts . . . 11,828) 11,804] 12,154] 40.2] = 29] = +08] 12,060] 12,028] 11,874] 11,647
Aircraft, missiles,
space vehicles, and parts. . 43,693} 44,156] 44,396] 1.0] = -05} = 40.2] 43,771] + 44,645] 44,442] 48,283
Shipbuilding and tanks . . . 1,359 1,406 1394] 33] +09] = 38 1,334 1,440 1,431 1,584
Instruments and related products 21,764] 21,979} 21,926] -1.0] +0.2) = 03] 21910] 22314] 22,125} 22,551
Search and navigation equipment $410] 5,710] 5,781 “53 -12 05 5,500] 5,871 5,886] 6,038
Measuring and controlling devices . 6576] 6,502] 6,440) +11] +10] -06] 6,609] 6,555 6,471 6,488
Medical instruments and Supplies 6,233 6,257 6,215 04 +0.7 0.2 6,227 6,320 6,234 6,235
Photographic goods . . 2,690] 2,674] 2,665] +06] +03) +03) 2,738] 2,731 2,696] 3,005
All other durable goods . 24,011} 23,943] 23,750] +03] +08} +12] 23,904] 23,984] 23,714] 22316
Nondurable goods industries 142,685 | 142,896] 143,253 0.1 02] 40.8) 142,737] 143,784] 143,421] 142,831
With unfilled orders . 33,439] 33,452] 33,483 0.0 01] +06] 33,454] 34,072] 34,081] 33,322
Food and kindred products . 30,953] 30,798] 30,837 40.5 -0.1 +0.9] 31,520] 31,005] 30,069] 30,408
Meat products 3,474] 3,489] 3,551 04) -1.7] +20] 3,422] 3,472] -3}586] 3,156
Dairy products 2715] 2,675] 2,656) +15] 40.7 06] = 2,726{ 2,777) 2,775] 2743
Beverages ........ 5,274 5,298] 5,314 05 03} +02} 5,279] 5,206] 5,245 5,316
Ail other foods, except fats and oils | 17,815] 17°662] 17/526] +09) +08) +14) 18706] t8ost| 16767 17,922
Tobacco products . 5,733] 5,722] $861] +02] -2.4 -17] 5,641 5,520] 5,555 6,587
Textile mill products 9,621 9,639] 9,679] — -02 04) 40.1 9,467] 9,728) 9.867] 9,131
Broadwoven fabrics and
other textiles ...... 5,402] 5,411 5422] 02 02} 40.1 5,267] 5,410] 5,482] 5,116] -+3.0
Paper and allied products . 13,550] 13,580] 13,538 0.2 +03 40.4] 13,329} 13,533] 13,523] 13,315 +0.1
Pulp, paper, and
Paperboard mill products ...... 5,528] 5,606] 5,664 -l -10] 0.8 5,423 5,877 5.618 5,676 45
Paperboard containers and boxes . . 3,342 3,300 3,236 +13 +2.0 +09 3,315 3,285 3,259 3,136 45.7
Miscellaneous converted
Paper products ......... 4,680| 4,674] 4638] 40.1] +08] +15] 4,591 4,671 4,646] 4,503] +20
Chemicals and allied products 34,079} 34,087] 34,263 00] 05) +08] 33,615] 33,957] 34,177] 34,441 24
Industrial chemicals... . 16,011] 16,054] 16,119 03 04] +06) 15,931] 15,984] 16,127] 16,935} -5.9
Drugs, soaps, and toiletries . . 13,684] 13,663} 13,768] +0.2) = --08] +13} 13,506] 13,860] 13,930] 13,403] +08
Petroleum and coal products . . . 10,286] 10,594] 10,654] -29] = 0.6] +2.0] 10,509] 10,844] 10,900} 10,812] -28
Rubber and plastics products 12,599 12,650] 12,644 04 0.0 +14 12,429 12,492 12,559 12,035 433
All other nondurable goods 25,864| 25,826] 25,777 40.1 +0.2 +12] 26,227] 26,705] 26,771] 26,102 +0.5

” Preliminary. * Revised.

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


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

320 320
New Orders

300 -----------------------------------/ Shipments || 300

280

260

240

220 1 L 1 L 1 L L 1 1 L J. 1 1 220
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep

Sep. 1992-Sep. 1994

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 4.1
2.4 44
2.3 4 3.9
22P------------------------------------ - Le 43.8
2.1

2
1.9
1.8

1.7
1.6
1.5
1.4
1.3
1.2

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1992-Sep. 1994

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.
1994? 194° 1994 | Sept. | Aug. | July 1994" 1994" 1994 1993 | 94/03
UNFILLED ORDERS
All manufacturing industries... . . 448,238 | 447,729 | 448,587 40.1 02 -0.3 | 445,772 | 448,024 | 450,852 | 448,056 05
Market categories :
Automotive equipment . 2,089 | 2,103 | 2,068 0.7 00 | 2,066 | 2,121 2,075 1,723 | +199
Home goods and apparel 10,241 10,448 10,687 -2.0 40.5 10,643 11,336 11,512 10,667 -0.2
Consumer staples ....... 1,533 1,581 1,506 3.0 +12 1581 1,626 1519 1,482 +67
Machinery and equipment 180,745 | 180,871 | 181,300 0.1 -0.1 | 180,235 | 180,739 | 181,321 | 183,436 -17
Business supplies . $,72 5,660 | 5,685 -16 40.1 5,655 3,772 5,734 | 5,541 42.1
Construction materials
and supplies ............ 15,178 | 15,099 | 15,119 | 405] -01 | 40.7 | 15,270 | 15,377 | 15,427 | 14,531 +5.1
Defense products .......... 105,906 | 105,650 | 106,822 | +02} -11 -L1 } 104,116 ] 104,040 | 106,512 } 113,683 84
Other materials, supplies and
and intermediate products 126,974 | 126,317 | 125,400 | +05] +0.7 | +01 | 126,206 | 127,013 } 126,752 | 116,993 +79
Durable goods industries :
Nondefense capital goods > ..... . 199,292 | 198,989 | 199,294 40.2 0.2 -0.2 | 198,874 | 198,887 | 199,009 | 200,475 0.8
Excluding aircraft and parts 87,494 | 85,982 | 84,965 | +18] +12] +1.7 | 87,076 | 85,880 | 84,680 | 72,166 | +207
Defense capital goods * ne 111,798 } 111,524 | 112,490 | +02] -0.9 | -1.1 | 110,104 | 109,990 | 112,277 | 120,027 83
Durables excluding capital goods 113,035 | 113,106 | 112,779 0.1 +03 +0.4 | 112,235 | 114,126 | 114,716 | 105,196 +6.7
Miscellaneous series :
Producers’ durable equipment 212,344 | 212,932 | 212,937 03 0.0 40.2 | 212,278 | 213,642 | 213,395 | 209,189 +15
Household durable goods ...... . . 5,941 5920] +20] +04] +04] 6282 381 6,324 5,746 49.3
Information technology industries 35,449 | 34,665 | 34,632 | 423] +01 | +21 | 35,740 | 34970 | 34.914] 31,470] +136
Health care equipment
and products 6,538 | 6,822 | 6,948 42) 18] +06] 6538 | 6,823 6949 | 7,733 | -15.5
TOTAL INVENTORIES
All manufacturing industries 386,317 | 387,012 | 386,645 0.2 40.1 +0.9 | 386,583 } 390,510 | 387,563 | 380,226 +17
Market categories :
Automotive equipment . 6,183 | 6,163 | 6246 | +403) -13 | 421 6,228 | 6,184 | 6,065 | 6,171 +09
Home goods and apparel 31,748 | 31,618 | 31,255 +12] +11 | 31,666 | 32,231 | 32,162 | 30,307 44.5
Consumer staples ......... 58,345 | 58,393 | 58,643 04 | +09 | 58,923 | 58,926 | 58,066 | 59.107 -03
Machinery and equipment 93,329 | 93,702 | 92,948 408 | +11 | 93,357 | 94,747 | 92,835 | 88,057 +6.0
Business supplies . . . 21,166 | 21,202 | 21313 05 | +19] 21,386 | 21,595 | 21,553 | 21,476 -0.4
Construction materials
and supplies veveceees | 24,793 | 24,771 | 24,759 | 40.1 00} +10 | 24530 | 24,760 | 24,887 | 23,470 +45
Defense products ............ 22,628 | 23,143 | 23,567 22] -18 | -0.2 | 22,795 | 23,593 | 23,881 | 26,783 | -14.9
Other materials, supplies and
and intermediate products . 128,125 | 128,020 | 127,914 | +01 | +01 | +08 | 127,698 | 128,474 | 128,114 | 124,855 423
Durable goods industries :
Nondefense capital goods * . . . 87,908 | 88,434 | 87,608 +09 | +08 | 87,964 | 89,698 | 87,884 | 82,797 +62
Excluding aircraft and parts 61,480 | 61,678 | 61,018 +11 | +11 | 61,575 | 62,793 | 61,477 | 55,844 | +103
Defense capital goods * ..... 23,514 | 23,998 | 24,481 -2.0 0.0 | 23,707 | 24,501 | 24,818 | 28,286 | -16.2
Durables excluding capital goods 132,210 } 131,684 | 131,303 40.3 | +13 | 132,175 | 132,527 | 131,440 | 126,312 +46
Miscellaneous series :
Producers’ durable equipment . . 149,967 | 150,244 | 149,313 02] +06 | +13 | 150,172 | 151,948 | 149,386 | 142,191 45.6
Household durable goods .. . . 14,117 | 13,991 | 13,729 40.9] +19] +13 | 14,083 | 14,278 | 14,004 | 13,318 45.7
Information technology industries . 32,677 | 33,042 | 32,722 Ll +1.0 +0.5 | 32,794 | 33,864 | 33,090 | 30,111 $8.9
Health care equipment
and products . 13,668 | 13,681 | 13,694 0.1 01 | +06] 13,566 | 13,847] 13,800 | 13,509 +04

See footnotes at end of table 5.

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


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS
FOR TOPICAL SERIES!
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted *
Monthly Percent Change Monthly Percent Year to date
Industry change
Sept.} Aug. | July | Aug-| July-] June-| Sept.| Aug.} July | Sept. | Sept.
19947} 1994"| 1994] Sept} Aug} July] 1994°] 1994'] 1994] 1993] 94/93} 19947] 1993
SHIPMENTS
All manufacturing industries... .. 286,261] 288,080] 275,485] -0.6] +4.6 1.1] 304,288] 288,395} 250,532] 277,395] +9.7] 2,493,161 |2,300,733
Market categories :
Automotive equipment . 14,562] 14,796) 12,098} -1.6{ +223] -11.8] 14,681] 14,264} 8,565] 12,277] +19.6] 124,101] 104,864
Home goods and apparel 19,534] 19,281] 18,867] +13] +2.2) +0.1] 22,044] 20,643] 17,754] 20,207] —-+9.1) 169,067] 136.424
Consumer staples ....... 58,766] 59,964] 58,757) -2.0) +2.11 +0.51 63,326] 61,043] 56,4451 61,833] +24] 523,618] 509,809
Machinery and equipment + | 50,769) 51,092] 47,275] -0.6] +8.1] 4.4) 54,461] 48,148] 40,037] 47,525] +14.6| 435,932] 386,050
Business supplies ............ 21,435] 21,656] 21,223) 1.0] +2.0| +0.9} 22,253] 21,681] 20,070] 20,300] +9.6} 186,624] 174/399
Construction materials
and supplies see 18,125) 18,375) 17,956] -1.4) +23] +17) 19,488] 19,376] 17,179] 18,107] +7.6] 161,137] 148,029
Defense products ............. 7,213| 7,508) 7,315} -3.9] +2. © +0.7} 7,754 7,301] 6,696} 8,309] -6.7] 641578] 67,630
Other materials, supplies and
and intermediate products ..... . 95,857) 95,408] 91,994) +0.5) +3.7| -0.2] 100,281] 95,939] 83,786] 88,837] +12.9] 828,104] 753,438
Durable goods industries :
Nondefense capital goods * 38,078] 37,900] 36,686) +0.5] +3.3] 1.7) 42,145] 35,488] 31,994] 36,937] +14.1] 326,549] 292,330
Excluding aircraft and parts 33,264) 33,141] 32,076] +04] +3.3] -1.6 36,933] 31,145] 28,018] 31,810] +16.1} 284,052] 243,922
Defense capital goods‘ ........] 6,765] 7,113] 6838] 4.9! +40) -031 7,279] 6851] 6164] "8.041 60,571] 65,183
Durables excluding capital goods . | 109,873] 110,606] 102,948] -0.7] +7.4] —-2.7| 115,134] 110,252] 88,227] 102,034 951,488] 842,357
Miscellaneous series :
Producers’ durable equipment 100,067} 100,595] 92,690] -0.5] +8.5] 4.0] 106,280] 96,331] 76,481] 93,260] +14.0] 860,864] 760,058
Household durable goods . . 8,301} 8,254} 8,021] +0.6F +29) -1.1) 9,501] 8,459! 6,993} 8694] +93) 71,280] 65,466
Information technology industries . | 18,300] 17,965] 17,364] +19] +3.51 -2.4{ 21,482) 16,742] 14,587] 18,404] +167] 154,459] 132.478
Health care equipment
and products . 8,487] 8,667] 8,480] -2.1] +2.2] 0.4) 9,416] 8,614] 7,837] 9,330] ~—-+0.9] 76,045] 73,394
NEW ORDERS
All manufacturing industries... .. 286,770) 287,222] 274,305] -0.2| +4.7|__-2.0| 302,036] 285,567] 250,853] 270,017]  +11.9| 2,500,575 |2,276,603,
Market categories :
Automotive equipment . . . 14,548) 14,831] 12,098] -1.9] +22.6 -12.3] 14,626] 14,310] 8,619] 12,235] +19.5] 124,265] 105,001
Home goods and apparel 19,327] 19,042] 18,916) +1.5] +0.7) +0.8/ 21,351] 20,467] 18,218] 19,692] +84] 171,047] 158,501
Consumer staples... . . . 58,717] 60,040] 58,775] -2.21 +2.) +0.6 63,280] 61,150] 56,492] 61,869] +2.3] 523,721 509,942
Machinery and equipment 50,642] 50,664} 47,027] 0.0] +7.7] -6.5] 53,956] 47,566] 39,791] 45,293] +19.1] 435,942] 371,981
Business supplies . . . 21,347) 21,631] 21,228) -1.3) +1.9] +1.2) 22,136] 21,720] 20,096} 20,273] +92] 186.912] 174.251
Construction materials
and supplies 18,204] 18,355} 18,064) -0.8) +1.6 +12) 19,381] 19,326) 17,425) 17,731] +93} 162,532] 148,233
Defense products»... 2... 7,469] 6,336} 6,109] +17.9] +3.7] -19.4| 7,831] 4,829] 5,392] 6,867] +14.0] 57,785] $7,977
Other materials, supplies and
and intermediate products ..... . 96,516] 96,323] 92,088) +0.2) +46 0.0] 99,475] 96,199] 84,820] 86,057] +15.6] 838,371] 750,717
Durable goods industries :
Nondefense capital goods * . . . 38,381) 37,595] 36,310] +21] +3.5} 42,132] 35,366] 31,669] 34,256] +23.0) 328,086 275,621
Excluding aircraft and parts. 34,776] 34,158] 33,462] +18) +2.1 38,129] 32,345] 29,455] 31,912] +19.5] 295,470] 245,828
Defense capital goods‘ ........] 7,039} 6,147] 5.546] +145] +10.8 7,393] 4,564) 4,792] 6,628] +115] 53,537] 55,430
Durables excluding capital goods . | 109,802| 110,933} 103,395] -1.0] +7.3] — -2.6| 113,243] 109,662] 89,953 99.374 +14.0] 960,571] 844,392
Miscellaneous series :
Producers’ durable equipment 99,479] 100,590] 93,068] -1.1]  +8.1 104,916] 96,578] 77,669] 91,050] +15.2] 866,999] 750,873
Household durable goods... . . 8,422) 8,275] 8,043} +1.8) +29) 9,402] 8,516] 7,293] 8.458] +112] 72,727] 66,786
Information technology industries 19,084] 17,998] 18,080] +6.0| -0.5 22,252] 16,798] 15,276] 18,351] +21.3) 158,113] 132,832
Health care equipment
and products ........... 8,203] 8,541] 8,521] 4.0} +02] +1.7] 9,131] 8,488] 7,878] 9,099) +0.4] 75,096] 72,675

” 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,
handling equipment; metalworking machinery; special industry machinery; general
industry machinery; electrical transmission and distribution equi

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

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

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

as and hydraulic turbines; internal combustion engines; construction, mining, and material
industrial machinery; computer and office equipment; refrigeration, heating and service
ment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engines


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Sept. Aug. July June Sept. Aug. July June
1994? 1994" 1994 1994 1994? 1994" 194 1994
All manufacturing industries ...... 135 134 1.40 138 2.89 2.89 2.99 2.98
Durable goods industries .......... 157 157 1.66 1.61 347 3.47 3.60 3.58
Stone, clay, and glass products . 112 110 Lu Lu 1.16 1.15 116 117
Primary metals 1.48 1.48 1.55 155 2.00 1.94 2.00 1.99
Fabricated metal products . : 1.54 152 137 155 1.45 144 149 149
Industrial machinery and equipment 1.74 1.74 1,79 1.79 2.44 239 242 237
Electronic and other
electrical equipment . . 1.65 1.64 1.63 1.95 1.96 2.02 2.06
Transportation equipment - 1.48 1.48 1.75 10.50 10.62 11.53 10.92
Instruments and related products... . 1.95 1.95 2.02 428 432 451 44l
Nondurable goods industries . . . . . 1.08 1.08 Lu 0.74 0.73 0.75 0.76
Food and Kindred products»... ... . 0.86 0.86 0.88 (x) (ea) %) (&)
Tobacco products ....... 2:30 2.07 211 (x) &) &) (Xx)
Textile mill products . 1:33 134 1.56 (NA) (NA) (NA) (NA)
Paper and allied products 11s 1.16 119 (NA) (NA) (NA) (NA)
Chemicals and allied prodi 116 117 1.22 ) ) & )
Petroleum and coal products 0.86 0.83 0.86 (&) & (X) (X)
Rubber and plastics products . . 131 131 136 (xX) (xX) &) 2.9)

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

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

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

Shipments ‘New orders Unfilled orders Inventories
Industry
Sept. Sept. Sept. Sept.
Sept? | 1993- Sept? | 1993- Sept? | 1993- Sept? | 1993-
Sept! | 1989-] Aug.}] Sept.’ | 1989-] Aug. | Sept! | 1989-] Aug. | Sept! | | 1989-] Aug.
1994} 1993} 1994] 1994] 1993} 1994] 1994] 1993] 1994] 1994 | 1993 | 1994
All manufacturing industries .... . . (x) 0.1 02 () 04 02 (x) 0.1 0.1 (e9) 01 0.0
Durable goods industries ...... : 0.1 0.1 02 03 09 03 01 02 OL fe) Ol 01
Stone, clay, and glass products ... . . (e4) 07 07 (x) 09 14 (X) 04 0.8 ) 0.1 0.2
Primary metals... . . 0.1 03 04 13 05 08 05 03 04 ® 02 02
Fabricated metal products ........ (xX) 03 04 (xX) 04 05 (X) 0.2 03 (xX) 01 03
Industrial machinery and equipment . 07 03 05 04 03 07 0.1 0.1 02 ) O41 01
Electronic and other

clectrical equipment . . 0.1 05 02 02 13 05 00 04 02 rea) 04 02
Transportation equipment seed 01 03 04 05 17 07 02 02 1 & 0.1 02
Instruments and related products . . . . (es) 0.5 05 (e9) 19 2.0 (es) 06 04 (x) 04 03
Nondurable goods industries ........ (x) 02 02 es) 02 02 es) 03 04 ~ on 1
Food and Kindred products mt a) 03 03 &) ® (®% (x) ea) ¢ &) 01 01
Tobacco products (x) 06 02 (X) (X) (X) (X) X) (X) (X) 0.0 0.0
Textile mill products . (x) 04 04 (x) | NA) | (NA) (xX) | (NA) | (NA) (Xx) 01 02
Paper and allied products - & 02 02 (x) | (NA) | (NA) | (NA) | (NA) ® 02 O1
Chemicals and allied produc (X) 02 02 &) (x) (x) (x) & (x) (X) 02 02
Petroleum and coal products (x) 03 0.5 (xX) (X) (X) (xX) (xX) (xX) (xX) 0.3 03
Rubber and plastics products &) 01 02 &) &) & &) ) &) (e9) o1 Ol

Capital goods industries :
Nondefense : 0s 03 0s 16 08 05 03 04 0.1 ® 0. 01
Defense . . “15 07 04 72 76 57 -03 04 03 &) Ol 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 survey variability.


CURRENT INDUSTRIAL REPORTS

oe,
Vay

ares F

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

Manufacturers’ Shipments,
Inventories, and Orders

September 1994
M3-1-(94)-09
For Wire Transmissions 10:00 a.m. E.S.T. November 2, 1994

Kathy Menth or Gloria Cable
(301)763-2502 or (301)763-2575

Summary

New orders for manufactured goods in September decreased
$0.5 billion or 0.2 percent to $286.8 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a
4.7 percent increase in August, is the second decrease in the last
three months, and the third this year. Year-to-date, new orders are
9.7 percent above the same period a year ago; new orders for the
third quarter are 1.9 percent above the second quarter.

Shipments decreased $1.8 billion or 0.6 percent to $286.3
billion, following a 4.6 percent increase in August. This is the
second decrease in the last three months and the fourth this year.
Year-to-date shipments are 8.2 percent above the same period a
year ago; shipments for the third quarter are 2.5 percent above the
second quarter.

Unfilled orders increased $0.5 billion or 0.1 percent to
$448.2 billion, following a 0.2 percent decline in August. The
unfilled orders-to-shipments ratio was 2.89, unchanged from
August. This is the lowest ratio since May 1964.

Inventories decreased $0.7 billion or 0.2 percent to $386.3
billion, following a 0.1 percent increase in August. This is the first
decline since March. the entories-to-shipments ratio increased
from 1.34 in August to 1.35 in September.

New Orders

New orders for manufactured durable goods in September
increased $0.5 billion or 0.4 percent to $155.2 billion, following a
6.5 percent increase in August The September percent change is
revised from the previously published 0.1 percent increase. This
is the second consecutive increase, the seventh this year, and the
twelfth in the last fourteen months.

Transportation equipment had the largest increase, $1.0
billion or 2.6 percent to $39.8 billion, due to shipbuilding and
tanks. This follows a 20.1 percent August increase and is the fifth
this year. Electronic and other electrical equipment increased $0.8
billion or 3.4 percent to $23.2 billion, due to communication
equipment. This follows a 1.1 percent increase in August and is
the sixth this year. Primary metals was up $0.5 billion or 4.0
percent to $14.2 billion, following a 5.2 percent increase in August.
Industrial machinery and equipment had the largest decline, $0.6
billion or 2.1 percent to $29.2 billion, following a 4.9 percent
increase in August. Fabricated metal products was down $0.5
billion or 3.3 percent to $15.2 billion, following August and July
increases of 2.8 percent and 1.8 percent, respectively.

New orders for nondurable goods were $131.5 billion, down
$1.0 billion or 0.8 percent from August, the first decline since
October 1993. The largest declines were in petroleum and coal
products, printing and publishing, and tobacco products. Chemicals
and allied products, textile mill products, and apparel increased.

Shipments
Shipments of durable goods in September decreased $0.9

billion or 0.6 percent to $154.7 billion, following a 6.2 percent
increase in August. This is revised from the previously published

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

0.7 percent decline. This is the fourth decline this year. Industrial
machinery and equipment declined $0.3 billion or 1.0 percent to
$28.1 billion, following a 4.2 percent increase in August.
Transportation equipment was down $0.4 billion or 0.9 percent to
$40.2 billion, following a 17.1 percent increase in August.
Fabricated metal products declined Ee billion or 1.5 percent to
$15.4 billion, following increases of 3.5 percent in August and 1.3
percent in July. The largest increase was in electronic and other
electrical equipment, up $0.1 billion or 0.6 percent to $23.3 billion,
due to communication equipment.

Shipments of nondurable goods decreased $0.9 billion or 0.7
percent to $131.5 billion, the frst decrease since the 0.2 percent
decline in October 1993. Widespread declines, led by petroleum
and coal products, were only partially offset by increases in
chemicals and allied products and apparel.

Unfilled Orders

Unfilled orders for durable goods in September increased $0.5
billion or 0.1 Dercent to $424.1 billion. This is revised from the
previously published no change. The September increase follows
declines in August and July of 0.2 percent and 0.3 percent,
respectively. Industrial machinery and equipment, up for the
fifteenth consecutive month, had the largest increase, $1.1 billion
or 1.8 percent to $64.2 billion. Primary metals increased $0.8
billion or 3.3 percent to $26.8 billion, the tenth consecutive
monthly increase. Instruments and related products had the largest
decline, $0.8 billion or 1.6 percent to $47.9 billion. This follows
a 0.8 percent decline in August and is the sixth decline this year.
Transportation equi ment, down twenty-eight of the last twenty-nine
months, decline: $04 billion or 0.2 percent to $203.9 billion; a
large decline in aircraft and parts was partially offset by an increase
in shipbuilding and tanks. Unfilled orders for nondurable goods
increased slightly to $24.1 billion, the eleventh consecutive
increase.

Inventories

Inventories for durable goods in September decreased $0.5
billion or 0.2 percent to $243.6 billion. This follows a 0.3
rcent increase in August and is the first decline since March.
industrial machinery and equipment had the largest decrease, $0.5
billion or 1.0 percent to $48.8 billion, the first decline since March
1993. Transportation uipment decreased $0.5 billion or 0.8
ercent to $59.6 billion, following a 0.9 percent August decrease.
lectronic and other electrical equipment had the largest increase,
$0.6 billion or 1.5 percent to ha billion. This is the ninth
consecutive increase and the twenty-first in the last twenty-three
months. Nondurable goods inventories decreased $0.2 billion or
0.1 percent to $142.7 billion, following a 0.2 percent ‘August
decline. The largest decline was in petroleum and coal products,
down $0.3 billion or 2.9 percent to $10.3 billion. The largest
increase was in food and kindred products, up $0.2 billion or 0.5
percent to $31.0 billion.

By stage of fabrication, finished goods were unchanged in
durables and declined 0.9 percent in nondurables. Work in process
decreased 0.7 percent in durables and increased 0.6 percent in
nondurables. Materials and supplies increased 0.3 percent in
durables and 0.5 percent in nondurables.

‘The advance report on durable goods for October is scheduled for November 23, 1994 at 8:30 a.m, and the full report on December 2, 1994 at 10:00 a.m. For sale by the Superintendent of Documents,
U.S. Government Printing Office, Washington, DC 20402. ‘This report is also available the day of issue through the Department of Commerce's online Economic Bulletin Board (N-8-1) (202-482-3870)
and through the Census Bureau's online information service-CENDATA. CENDATA is available from Dialog Information Services, Inc. (1-800-334-2564) and CompuServe (1-800-848-8199). The
CENDATA staff at the Bureau of the Census (301-763-2074) can provide content information and general guidance.


Nondefense Capital Goods 11

New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders

Shipments

38 ——

L 1 it JL L ut 1 L 1 1 i 1 1
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1992-Sep. 1994

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
"1 "1

New Orders

10

5 1 1 L L 1. L i 1 1 L 1 1. L 5
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep

Sep. 1992-Sep. 1994

Note: All Charts based on seasonally
adjusted current dollars.


Table 7, VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATIO!

BY INDUSTRY GROUP

(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.
1994? | 1908" 1994 | ‘Sepc | ‘Aug | duly | 1994 | 1994" 1994 1993 | 94/93
MATERIALS AND SUPPLIES
All manufacturing industries 124,820 | 124,331 | 123,776 | +04] +404 | +08 | 124,968 | 124,930 | 123,788 | 120,572 | +3.6
Durable goods industries. 72,443 | 72,238 | 71,732 | +03] +07] +14] 73,075 | 73,107 | 71,774 | 68,707 | +64
Stone, clay, and glass pro 2,613 | 2/553 | 2/542 | +24] +04] +07] 2605 | 2565 | 2553 | 2512 | 43.7
Primary metals... 6120 | 6081 | 6030 | +06] +08] +01} 6237] 6167] 6079} 6.055 +30
Fabricated metal products | - | 8202 | 8036 | go61 | +211) 03] +16] 8275] 8076] goss} 7.873 45.1
Industrial machinery and equipment | 16,139 | 16,390 } 15.911 1S] +30] +24] 16230 | 16657 | 15,903 | 14150 | +147
Electronic and other
electrical equipment... 12,339 | 12,214 | 12,063 | +10] +13] +22] 12379 | 12,392 | 12,204 | 10,690 | +158
Transportation equipment 10880 | 10816 | 11026] +06] -19 | +06] 10,955 | 10,962 | 10/921 | 11,552 “52
Instruments and related products . 6629 | 6,720] 6698] -14] +03] +03 : 6.798 | 6,717 | 6,778 “7
Lumber, furniture and
miscellaneous durable goods .. . .. 9521 | 9428 | 9401] +10] +03 | +11] 9,730] 9,490} 9,309} 9,097] +70
Nondurable goods industries ..... .. 52,377 | 52,093 | 52,044 +0.1 | +0.1 | 51,893 | 51,823 | 52,014 | 51,865 +0.1
Food and Kindred products | 10,117 | 10,000 | “9918 408 | 13] 91744] °91699 | “9:701 | “9684 | +06
Tobacco products .. . 4331 | 4.894 | 4/985 18 | -16 | 4700 | 4,705 | 4.712 | 57255 | -106
Textile mill products: 2: | ! 2,790 | 2,790 | 2,778 +04] +08] 2:743 | 2/814] 2867 | 2580] +63
Paper and allied products 6810 | 6.765 | 6,685 +12 | +08} 6817] 6734 | 6659 | 6,754 | +09
Chemicals and allied products 11287 | 11,238 | 11.274 03] +09] 11219 | 11,270 | 11351 | 11362 “13
Petroleum and coal products 042 | 3,021 | 3,054 “1 -L1 | 3,043 | 3,075 3124 | 2'978 | +22
Rubber and plastics products 4655 | 4.673 | 4.671 oo | +18] 4681 | 4618 | 4,683 | 4,423 | +58
Apparel, printing and publishing
and leather goods .........- 8,845] 8,712 | 8,679 +04] +03] 8946] 8,908] 8,917] 8,829 +13
WORK IN PROCESS
All manufacturing industries... . 129,378 | 129,959 | 130419 | -04| -04 | +05 | 130,471 | 131,586 | 130,863 | 130,908 03
Durable goods industries 105,493 | 106,207 | 106,531 -0.3 | +04 | 106,347 | 107,740 } 106,930 } 107,410 “1.0
Stone, clay, and glass Products : 1007 3034 ‘04s sll | +02 992 ‘048 1065 1,086 87
Primary metals... . 77368 | 7,430 | 7/552 16 | 422] 7,459} 71558 | 71612 | 7:34 +17
Fabricated metal products 77308 | 7,683 | 7,706 03 | +30] 7311 | 7782 | 7:732 | 7/630 -16
Industrial machinery and equipment | 18:875 | 19,040 | 19,023 +0.1 | -2:0 | 19/378 | 19331 | 181995 | 18,825 +29
Electronic and other
electrical equipment 15,680 | 15,413 | 15,308 | +1 40.7 | +15] 15,699 | 15,684 | 15,487 | 13,877 | +13.1
Transportation equipment . 40,745 | 41,286 | 41/589 | -1 0.7 | +04} 40863 | 41,718 | 41;524 | 44.211 -16
Instruments and related products . 9,135 | 9208 | 91269 | — -0: 0.7] 06] 9257} 9443 | 9433 | 9,754 “Sl
Lumber, furniture and
miscellaneous durable goods 5178 | 5,113 | 5,039. | +1. +15] +19] 5,188] 5,176 | 5,082 | 4,693 | +10.5
Nondurable goods industries 23,885 | 23,752 | 23,888 | +0. 06 | +10 | 24,124 | 23,846 | 23,933 | 23498 | +2.7
Food and kindred products, 4.170 | ~4:060 p126 | +2. -16 | +02] “4ro1 | 3,747 | “31875 | 31857 | 48:7
Tobacco products... . 191 181 173] +5: +46 [+12 223 144 127 207 | +7.7
Textile mill products << 2,553 | 2,563 | 2,607 | -0. -A7) +14] 2566} 2579] 2641 | 2,542] +09
Paper and allied products : | 1,191 1197 | 1,196 | -0: 40.1] 04] Vrs} 17223 | 1224 | 1201 -22
Chemicals and allied products 53520 | 5499 | 5519 | +0: 04] +03 | 5503 | 51548] 51551 | 5,736 41
Petroleum and coal products 2219 | 2322] 2322 | 4. oo | +22] 2284 | 2408 | 2/389 | 2/495 8.5
Rubber and plastics products 1863 | 1854 | 17854 | +0: oo | +14] 17853 1854 | 1.822 | 1,721 477
Apparel, printing and publishing
and leather goods ....... 6178 | 6,076 | 6091] +1 02] +17] 6329] 6343 | 6304 | 5,739 | +103
FINISHED GOODS
All manufacturing industries... . . 132,119 | 132,722 | 132,450] -05 | +02 | +14 | 131,144 | 133,994 | 132,912 | 128,746 | +19
Durable goods industries 65,696 | 65,671 | 65,129 00} +08} +15 | 64,424] 65,879 | 65,438 | 61,278] +51
Stone, clay, and lass products’. 3.875 | 3,861 | 3.871 | +04] 03 | +16] 3,705] 3,785 | 3,895 | 3,792 23
Primary metals. . 6338 | 6302 | 6310] +06] -01) +03 | 6301 | 6297] 6311 | 6011 +48
Fabricated metal produc 8.035 | 8,035 k oo} +05] +25} 7794] 7979] 8082 |  7'583 428
Industrial machinery and equipment’ | 13,834 | 13,911 | 13.967] -0.6 | -04 | +27 | 133398 | 131998 | 14,002 | 12656 | +59
Electronic and other
electrical equipment ........ 10,369 | 10,196 | 9,787 | +17 | +42] +23} 10,247] 10,386 | 9,999 | 8,433 | 421.5
Transportation equipment . 7,933 7,913 7,926 +03 0.2 +0.1 8,004 8,043 7,851 8,258 3.1
Instruments and related products - 6000 | 6051] 51959) 08] +15] -03 | i989] 6073] 51975 | 6,019 -05
Lumber, furniture and
miscellaneous durable goods 9312 | 9402} 9310] -10] +10] +11 | 8986] 9,318] 9323] 8526] +54
Nondurable goods industries ..... .. 66,423 | 67,051 | 67321 04] +14 | 66,720] 68,115 | 67,474 | 67,468 “Ll
Food and kindred products | : | 16666 | 16,738 | 16,793 03 | +23 | 17585 | 17559 | 16,493 | 16867 | +43
Tobacco products . . 71 647 703 80] 29 718 67 716 | 1,125 | 362
Textile mill products 4,278 4,286 4,294 0.2 -1.0 4,158 4,335 4,359 4,009 43.7
Paper and allied products 51549 | 5,618 | 5.657 07} +01 | 5337] 5576 | S140 | 5,360 “04
Chemicals and allied products 17272 | 173350 | 17,470 07 | +09 | 16893 | 171139 | 17.275 | 17343 26
Petroleum and coal products 57025 | 5,251 | 5,278 05 | +39 5.182 361 3387 | 5,339 29
Rubber and plastics products | 6081 | 6123 | e119 +01] +11] 51895 | 6020 | 6054 | 5,891 40.1
Apparel, printing and publishing
and leather goods ....... 10,841 | 11,038 | 11,007 +03 | +15 | 10952} 11,454] 11,550 | 11,534 “5.0

° Preliminary. ‘ Revised.

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


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.
1994" 1994" 1994} Sept] Aug.] July} 1994" 194° 1994 1993] 94/93
All manufacturing industries ... . 448,238 | 447,729] 448,587 +0.1 0.2 -0.3} 445,772] 448,024] 450,852] 448,056 0.5
Manufacturing industries
without defense capital goods... . 336,440} 336,205] 336,097] +0.1 0.0 0.0] 335,668] 338,034] 338,575] 328,029] +23
Durable goods industries ....... 424,125] 423,619] 424,563] — +0.1 02 -0.3] 421,213] 423,003] 426,002] 425,698 “Ld
Stone, clay, and glass products 7331 7,322] 7,335] +01 +0.5 7,577| 7,763 7,746| 7,540] +05
Primary metals... ... . . wee 26,787} 25,943] 25,605] 43.3 +08) 25,807] 25,817] 26,293] 21,388] = +20.7
Blast furnaces, steel mills 11,302] 10,970] 10,901} +3.0 -0.7] 10,873] 10,892] 11,091 9,877] +10.1
Iron and steel foundries 3,410] 3,460] 3,569 “14 +12] 3342] 3,479] 3,634] 2,942] +13.6
Nonferrous and other primary
metals... 0.0.2... 12,075] 11,513} 11,135] +49] 434] 423] 11,502] 11,446] 11,568] 8,569] +353,
Fabricated metal products vis++ | 20,596] 20832] 20,784 ll] +02] 40.7] 20,647} 20,962} 20,794] 21,186} -2.5
Industrial machinery and equipment . 64,212] 63,073] 61,597 +18 42.4 +2.0] 63,933] 62,900] 61,295 50,618] +263
Engines and turbines .......... 10,548] 10,633] 10,050 08] +58] +05] 10,745] 10,753] 9,876] 10,339] +3.9
Construction, mining and
material handling equipment . 6,785 6,634 6,615 +23 40.3 -0.4 6,636 6,494 6,508 5,568] +19.2
Metalworking machinery ....... 9491 9358] 9,192] +14] +18] 40.7) 9491 9,358] 9,192 7,023] +35.
Computer and office equipment . 10,525] 10,080] 9,699] +44] +39] +63] 10,809] 10,371 9,956] 6,926] +56.1
Electronic and other
electrical equipment ........... 45,320] 45,409] 46,105 02 -13] 44,831] 45,465] 46,256] 44,017] +18
Electrical transmission and
distribution equipment and
industrial apparatus ........... 5,846] 5,953] 6,024 -18 2] 0.5] 5,837 5,972] 6,039] 5,840] -0.1
Electric lighting and
wiring equipment . . ... sees 3,555] 3,508] 3,511] +13 0.1 3,555] 3,508] 3,511 3,137] +133
Communications equipment... .. 14518] 14,014] 14,415] 43.6] 2.8 14,476] 13,988] 14,405] 14,671 -13
Electronic components ........ 15,765 | 16,224] 16,507 28 7 15,339] 16,223] 16,669] 15,292] +03
Transportation equipment . . . . - 203,932} 204,379} 206,193 02) 09 202,400 | 203,346] 206,162] 220,514) — -8.2
Aircraft, missiles,
space vehicles, and parts. ..... . 174,602] 175,797] 177,264 0.7 -1.5| 173,142] 174,706] 177,193] 191,322 95
Shipbuilding and tanks ..... . 16,797] 16,176} 16,689] +38 +02] 16812] 16,204] 16,711] 21,052] -20.1
Instruments and related products . 47,875 48,654 49,048 -16 +01 47,732 48,259 48,927 52,447 9.0
Search and navigation equipment. 31,725] 31,960} 32,127 0.7 -0.2} 31,533] 31,543] 31,995] 35,168 -103
Measuring and controlling devices . 8875] 9,138} 9,230 29 +12] 8,875 9,138] 9,230 8,662} 42.5
Medical instruments and supplies 6,506] 6,791 6917 42 40.6] 6,506] 6,791 6917 7,703|  -15.5
All other durable goods ....... 8,072 8,007 7,896 +0.8 +1.0 8,286 8,491 8,529 7,988 43.7
Nondurable goods industries . . 24,113] 24,110] 24,024 0.0 +04 40.2] 24,559] 25,021] 24,850] 22,358 49.8

» Preliminary. * Revised.

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


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

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

Sept.] Aug.{ July | Aug-| Juty-| June-| Sept.| Aug.| July| Sept. Sept.
1994" | 1994"} 1994] Sept.| Aug.| July] 19947] 194°] 1994] 1993] 94/93 | 19947 | 1903

All manufacturing industries ... . . | 286,770] 287,222} 274,305] -0.2] +4.7|_ -2.0] 302,036] 285,567| 250,853] 270,017|  +11.9| 2,500,575 [2,276,603
Manufacturing industries

with unfilled orders ........ 155,423} 154,155] 148,742] +0.81 +3.6] — -2.2| 164,525] 150,652] 134,416] 143,518]  +14.6| 1,344,837 1,196,792
without defense capital goods ..... 279,731} 281,075} 268,759} -0.5| +4. 1.5] 294,643] 281,003] 246,061] 263,389] +11.9]2/447,038 [2.221.173
Durable goods industries ......... 155,222} 154,675} 145,251] +04) +6.5] — -3.9| 162,768) 149,592] 126,414] 140,258]  +16.0| 1,342,194 ]1,175,443
With unfilled orders .... . -| 122,733] 121,217] 116,728] +13] +3.8| — -3.0] 130,323] 116,786] 103,757] 112,552] +15.8]1,059.952| '932'696

Stone, clay, and glass products .
Primary metals 2... 2.2...
Blast furnaces, steel
Iron and steel foundries... .
Nonferrous and other primary
metals ............. : 6,719) 6,524) 6,166] +30] +5.8| 0.11 6,666] 6,113] 5,738] 4,963] +343] 55,125] 46,194
Fabricated metal products. . - | 15,204) 15,722) 15,297] -3.3] +2.8) +1.81 15,959] 15,974] 13,753] 15,034] 46.2] 136,710] 124'968
Industrial machinery and equipment . | 29,248] 29,883] 28,484} -2.1] +49 -1.2| 31,508] 27,875] 24.720] 26434] +192] 252/846] 210,497

6,726} 6,783} 6,787] -0.8 0.1) +4.7) 7,280) 7,327] 6,922| 6,659} +93 60,647] 53,344
14,242) 13,696] 13,020] +4.0} +5.2)  -0.6 13,933] 13,059] 11,899} 11,207] +243] 118,828 104,397
6,310) 6,032] 5,629] +4.6]  +7.2] -0.8] 6,085] 5,830} 5,107) 5,073} +19.9 52,660] 48,809
1,213 1,140} 1,225] +6.4 69-2. 1,182; 1,116) 1,054) 1,171 +09 11,043 9,394

is

Engines and turbines ......... 1,853] 2,533] 1,696] -26.8) +494) -15.8] 2,188) 2,603| 1.431] 1.981] +104] 16.486] 13,559
Construction, mining and
‘material handling equipment .. . 2,961) 2,865! 2,738] +34] +4. 4.0} 2,983} 2,723] 2,430] 2,427] +22.9] 25,328] 22,114
Metalworking machinery .. 3,336] 3,264) 3,046) +2.2) +7.) 4.11 3,672} 3,061] 2,538] 2,799] +312] 27385] 22,127
Computer and office equipment ...| 7,994] 7,748) 7,756] +32] -0.1] +1.01 9:904] 6963] 6,182] 7,896] 425.4 67371| 54618
Electronic and other
electrical equipment ....... ++-{ 23,193) 22,437) 22,183] +3.41 +1.1] 0.0} 25,035] 22,100] 20,133] 22,188] +12.8] 198,949] 171,239

Electrical transmission and
distribution equipment and
industrial apparatus ........... 2,509] 2,582] 2,613} -2.8] -1.2} +08] 2,762 2,534 2,369] 2,710] +1.9] 23,651] 21,821
Electric lighting and
wiring equipment . .... . 1,931] 1,875] 1,870) +3.0] +03] +3.9F 2,067] 1,838] 1,590] 1,702] +214] 16,210] 14,970
Communications equipment 5,797) 4,706} 4,866] +232) -3.3) +35] 6521) 4,429} 4,215] 5,563} +172] 42,504] 34,652
Electronic components ....... 7,948] 8,053] 7,830] -1.3] +28) +1.7| 8,095] 7,922] 7,409] 6849| +182 71344] 59,410
Transportation equipment .........} 39,789] 38,798| 32,297] +2.6] +20.1] -14.8) 40,104] 35,970] 237325] 31.632] +268) 334/074] 285,791
Aircraft, missiles,
space vehicles, and parts.
Shipbuilding and tanks . . .

7,167) 7,167) 5,466} 0.0) +31.1f -32.0} 7,470) 5,618 4,055) 4,732} +57.9 64,173] 58,059
1,521 419) 877] +263.0}  -52.2] +28.6 1,532 406} 820} 1,484] 43.2 6,356) 8,469

Instruments and related products ....| 10,395] 10,862) 10,922|  -4.3 5.1] 11,637] 10,244] 10,195] 11,149] +44] 94,068] 91,915
Search and navigation equipment .{ 2328] 2'385] 2/528] -2.4| -19.7] 2,762] 1,958] 2572] 2,729] +12] 19251] 21.733
Measuring and controlling devices .| 3/057} 3,223] 3,250] -5.2 +4. 3,329] 3,173] 2.917] 2861) +164) 28,691] 25:378

+59} 2,939] 2855] 2815] 2984] -1.5] 25,764] 25,435

Medical instruments and supplies .| 2709] 2923] 3,046] -73|
All other durable goods . . vee

16,425] 16,494] 16,261) -0.4 +0.6 17,312] 17,043] 15,467] 15,955] +8.5] 146,072] 133,292
Nondurable goods industries . .

131,548] 132,547] 129,054] -0.8] +271 +0.4} 139,268} 135,975] 124,439] 129,759 +7.3) 1,158,381 ]1,101,160
With unfilled orders . . .

32,690] 32,938] 32,014] -0.8| +29 +08) 34,202] 33,866] 30,659] 30,966] +10.5] 284,885] 264,096

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

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

Note : Estimates of manufacturers’ shipments, inventories and orders are subject to survey variability and revision. Since the survey panel is not a probability sample,
estimates of sampling variability cannot be calculated. Further details on survey design, methodology, and data limitation are contained in our most recent annual benchmark
Publication, Current Industrial Reports: M3-1(92), "Manufacturers’ Shipments, Inventories, and Orders: 1982-1992."


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

Seasonally adjusted Not seasonally adjusted"
Monthly Percent Change Monthly Percent Year to date
Industry change
Sept.| Aug.] July | Aug-| July-| June-| Sept] Aug.} July| Sept. | Sept.
1994} 1994"] 1994] Sept} Aug.] July} 1994°] 1994") 1994] 1993} 94/93] 19947} 1993
All manufacturing industries . . 286,261) 288,080] 275,485} -0.6|  +4.6]  -1.1| 304,288] 288,395] 250,532| 277,395]  +9.7]2,493,161 [2,300,733
Manufacturing Industries
with unfilled orders ..........] 154,914} 155,013] 149,922] -0.1] 43.4) -0.6] 166,777] 153,480] 134,095] 150,896] +10.5] 1,337,423 [1,220,922
without defense capital goods ... | 279,496] 280,967] 268,647] -0.5| +46 -1.1| 297,009] 281°544] 244.368] 269°354] +10.3]2'432'590 |2.235'550
Durable goods industries 154,716] 155,619] 146,472) -0.6]  +6.2)  -2.4| 164,558] 152,591] 126,385] 147,012|  +11.9| 1,338,608 [1,199,870
With unfilled orders 122,227] 122,161) 117,949] +01] +3.4 132,113] 119,785] 103,728] 119,306] +10.7] 1,056,366] 957,123
Stone, clay, and glass products 6717] 6,796] 6,747] -1.2| 40.7] +13] 7,466 7,310] 6,558] 6,908] +8.1] ' 59,889] 52196
Primary metals... . fen 13,398] 13,358] 12,805) +0.3] +431 +0.6] 13,943] 13,535] 11,650] 12,004 +16.2| 114,569] 103,685
Blast furnaces, steel mills . . 5,978] 5,963] 5,706] +03} +45] +11) 6,104] 6,029] 5,205] 5431] +124] 51,499] 47.354
Iron and steel foundries... . 1,263} 1,249] 1,183] +11] +5.6 42.5] 1,319} 1,271 935] 1,102] +19.7] 10,744] 9,282
Nonferrous and other primary
metals... 2.0.20. wees 6,157] 6,146] 5,916) +02) +3. -0.3) 6,520] 6,235] 5,510] 5,471] +192] 52,326) 47,049
Fabricated metal products 15,440} 15,674] 15,149] -1.5] 43.5] +13} 16,274] 15,806] 13,509] 15,164] +73] 136,109] 126,543
Industrial machinery and equipment . | 28,109] 28,407] 27253] -1.0| +42] +05] 30475] 26270] 23:495| 26590] +146} 241'891| 209'998
Engines and turbines .......... 1,938] 1,950] 1,643] -0.6] +18.7| 19.2) 2,196] 1,728] 1,202] 1,731] 426.9) 15,880] 13.276
Farm and garden machinery... . . 1,837] 1,986] 1,790) -7.5] +10.9 +49) 1,589] 1,504} 1,334] 1,309] 421.4] 16,493] 13.671
Construction, mining and
material handling equipment .. . 2,810} 2,846) 2,767] -1.3} +2.9) 42.7] 2,841! 2,737] 2,513] 2,499] +13.7] 24,483] 22,145
Metalworking machinery .... . 3,203] 3,098] 2,980) +34) +4.0, +791 3,539] 2,895] 2,472] 2,776] 4275] 25,229] 22.437
Computer and office equipment ...] 7,549] 7,367] 7,178} +2.5| +2.6 -2.2| 9,466] 6.548} 5,646 8.320 +138] 63,813] 54,813
Electronic and other
electrical equipment ........... 23,282) 23,133] 22,795] +0.6] +1.5| +0.6 25,669] 22,891] 20,290] 22,111] +16.1] 198,556] 169,309
Electrical transmission and
distribution equipment and
industrial apparatus . . . 2,616) 2,653) 2,646) -1.4! +03) +041 2,897) 2,601] 2,353] 2,689] +77 23,584] 21,533
Household appliances . . 1,903} 1,929] 1,879) -1.3] 42.7) -1.9] 2,010] 1,974) 1,803] 1,811] +11.0] 16,980] 14,913
Electric lighting and
witing equipment . . 1,884] 1,878] 1,809] +03] +3.8) +3.2] 2,020] 1,841 1,529] 1,763] +14.6] 15,892] 14,813
Household audio and
video equipment ........ 1,033] 1,074] 1,069) -3.8] +0.5} +5.6] 1,299] 1,184] 948] 1,205] +7.8] 8,652] 7,842
Communications equipment 5,293] 5,107] 5,039] +3.6f +13] +05] 6,033] 4,846] 4,354] 4,477] +34.8] 43,060] 33.403
Electronic components . . 8,407] 8,336] 8,021] +0.9} +39) -15| 8.979] 8,368} 7,373} 7,720] +163) 71,109] 59,800
Transportation equipment . . . . 40,236] 40,612] 34,669] -0.9] +17.1] -10.2) 41,050] 38,786] 25,997] 36,268] +13.2| 345,150] 311,123
Motor vehicles and parts . 29,172| 29,270] 23,954] -0.3] +222} -11.6] 29,226] 27,939] 16,392) 23,985] +21.9] 245,740] 205,529
Aircraft, missiles,
space vehicles, and parts. 8,362] 8,634) 8,242] 3.2] +4.8) -1.5] 9,034] 8,105] 7,291) 9,585] -5.7] 75,056] 83,913
Shipbuilding and tanks . . ‘900] 932) 850} -35.7)} 924) 913] 807) :1,026] | -9.9] 8.840) 8,631
Instruments and related products . 11,174] 11,256] 10,868} -2.1 12,164] 10,912] 9,795] 11,821] +2.9] 97,730] 95,055
Search and navigation equipment 2,563} 2,552] 2,608) +5.51 2,772| 2,410) 2,306] 2,856] -2.9] 22,008] 23,720
Measuring and controlling devices .| 3,320} 3,315{ 3,139] -2.5{ 3,592] 3,265} 2,806] 3,221) +115] 28,648] 25,904
Medical instruments and supplies 2,994] 3,049] 3,006] 0.2) 3,224) 2,981) 2,775] 3,215] +03] 26,714] 26,155
Photographic goods . . 1,925] 1,965] 1,773 -12.1] 2,167] 1,874] 1,572) 2,150] +0.8] 17,041] 16,224
All other durable goods 16,360] 16,383} 16,186 0.0 17,517] 17,081] 15,091] 16,146] +85] 144,714] 131,961
Nondurable goods industries . 131,545] 132,461] 129,013 +0.4) 139,730] 135,804] 124,147] 130,383] +7.2|1,154,553 |1,100,863
With unfilled orders . . 32,687] 32,852] 31,973 +0.7| 34,664] 33,695] 30,367} 31,590} +9.7] 281,057] 263,799
Food and kindred products . 35,791} 35,836] 35,179] 0.91 38,221] 36,372] 33,698] 37,158]  +2.9] 318,050] 307,521
Meat products 8,122] 8,056] 8,088 42.4) 8,496} 8,300] 7,946] 8,333] +2.0] 72,291] 71,366
Dairy products 4,640] 4,601] 4,503 -0.9| 4,816] 4,718] 4,488) 4,720] +2.0] 41,691] 40,498
Beverages . . +] 5,166] 5,293] 5,184 I] 1.3) 5,300] 5,749] 5,426] 5,196] +2.0] 47,434] 44,808
All other foods, except fats and oils | 16,0141 16,051] 15,756 1.2) 17,760] 15,770} 14,190) 17,191] +33] 140,314] 135,474
Tobacco products... . 2,490] 2,766] 2,774 -10.0] -0.3] +14:1] 2,784] 2,802|  2'516| 3,150] -11.6] 24,217] 23,525
Textile mill products . 6,301] 6,261] 6,195] +06) +1.1) 09) 6,948] 6,678] 5,511} 6,367} +9.1] 55,376] 52,604
Broadwoven fabrics and
other textiles... .. 3,879] 3,866] 3,827] +03] +1. 2.1] 4,267] 4,081] 3,317] 3,923] +8.8] 34,364] 32,684
Paper and allied products 11,811] 11,739} 11,347] +06) 43.5} +1.2) 12,293] 12,087] 11,144] 11,273] +9.0) 101,255] 97,527
Pulp, paper, and
Paperboard mill products ...... 4,757] 4,695] 4,480] +13] +48) +164 4,862) 4,775] 4,457] 4,365] +11.4] 39,996] 39,301
Paperboard containers and boxes ..} 3,111] 3,106] 2,974] +0.2} 44.4) 41.3 3,220) 3,242] 2,906] 2,713 +18.7| 26,376] 23,996
Miscellaneous converted
paper products . 3,943] 3,938] 3,893) +0.1] +12] +08) 4,211] 4,070] 3,781] 4,195] +0.4] 34,883] 34,230
Chemicals and allied products © 29,314] 29,069} 28,082} +08] +35] 0.01 30,474 28,966] 26,746] 27,218] +12.0] 254,839] 237,143
Industrial chemicals . . . 15,780] 15,374] 14,809] 42.6] 43.8) +0.6/ 16,111] 15,525] 14,515] 13,445] +19.8] 133,124] 122,045
Drugs, soaps, and toiletries 10,115] 10,349] 10,092} -2.3] +25! -0.4| 11,420} 10,372] 9,334] 11,291] +11] 90,844] 87,068
Petroleum and coal products 11,953] 12,750] 12,405] -6.3] +281 +2.0} 12,728] 13,593] 12,873] 12,333] +3.2] 106,867} 112,289
Rubber and plastics products -| 9,644) 9,690} 9,269] -0.5] +4.5]  -1.2] 10,025] 9,872] 8,659] 9,054] +10.7| 85,128] 78,487
All other nondurable goods ....... 24,241 24,350} 23,762) -0.4 42.5] +1.0) 26,257] 25,434] 23,000] 23,830] +10.2) 208,821] 191,767

* Preliminary. * Revised.

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

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