Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
June May Apr.| May-|— Apr- | Mar June May Apr. June | June
1996" 1996" 1996] June} May Apr. 1996" 1996! 1996 1995] 96/95
All manufacturing industries 434,128] 434,220] 435.441 0.0 03 0.0} 432.003} 437,820] 437.183] 422,801 42.2
Manufacturing industries
with unfilled orders 291,258] 291.736 510 0.2 03 0.0] 290.887 | 295,429} 293.901] 283.539 42.6
without defense capital goods 414.780] 415.005} 416.193 “0.1 “0.3 40.1] 412.429] 418.439} 417.920] 402.131 42.6
Durable goods industries 274,101 | 273,857 +01 0.0 +01] 272.609] 276.629] 274,868 43.5
With unfilled orders 0.0 “04 40.2] 250,816 252.620 435
Stone, clay, and glass products +01 -0.9 08 8,366 8573 3.1
Primary metals 23.097] +04 0.0 07] 23.604 23,710 +03
Blast furnaces, steel mills 11647} +0.2 0.8 15} 11389 11.471 +13
Iron and steel foundries 1436] +06 -0.6 0.1 1.463 1,482 +42
Nonferrous and other primary
metals 10614] 40.5] +08 0.0] 10,752] 10,786] 10,757} 10,885 “12
Fabricated metal products 26,043 -08 -0.6 05] 26018] 26.248) 26372) 27.343 49
Industrial machinery and equipment 58. 0 59,698 Ld 03 40.8 58,051 60.396 59.85 +45
Engines and turbines 3.768 3,797 3,778 08} +051 401 3.728 3.730 K “78
Farm and garden machinery 2,985 2.929 2,954 40.9 -0.8 +23 2,754 2,931 2.657 43.7
Construction, mining and
material handling equipment 7.125 7145 7.132 -0.3 +0.2 40.7 7.168 7,245 7,079 +13
Metalworking machinery . 7085 7.142 7,039 0.8 +18 “0.4 7.064 7,022 6512 48.5
Computer and offic 13,174] 13.568} 13.886 29 23} +ho} 12.647 3814} 1807] +71

tronic and other
rical equipment 41196} 40.954] 40.993] +06 0.1) +09] 41143
jectrical transmission and
ribution equipment and

41.350] 38,307 +74

di

ndustrial apparatus 4.089] 4,747 4,762 “12 -03 0.0} 4,658 4.783 47? 5,206] -10.5
Household appliances .. . 2.614 2.568 2,599 +18 “12 -1.0 2,695 2,789 2.803 2,907 73
Electric lighting and

wiring equipment 3,300 3,327 3,367 0.8 “12 0.0 3.356 3,398 3,398 3,492 39
Household audio and
video equipment 1,578 1,607 1,637 -18 18} +01 1,660 1,644 1,616 1507] +102
Communications equipment ILO 10,836 10,828 +16 +0.1 42.7 10.917 11,184 11,079 9548} +143
Electronic components 14393] 14280] 14.215] 408] 405] 40.9] 14.177] lati7] 14,043} 12,196] +162

Transportation equipment . . 66,535 65,674 65,927 413 +0.2 01 5. 66,056 65,329 62,065 $5.8
Motor vehicles and parts 15,662 15,666 15,797 0.0 08 0.7 15,532 15,727 15.114 +04
Aircraft, missiles,

space vehicles, and parts. 45,892] 45,031] 4a.7o1] +19] +06] 40.1 44563] 42315] +78

Shipbuilding and tanks 1,894 1,867 1gos} sta] 43.4 “18 1,944 1.848 +151
Instruments and related products 24,489! 24.645] 24.634 0.6 0.0 +08 24,922] 24,759 +6.0
Search and navigation equipment 6,453 6.52 6.337 “ld 02] 428 6.582 +69
Measuring and controlling devices 7872 7.881 “0.1 0.0 0.0 7,984 7,931 +76
Medical instruments and supplies 7.236 7210} +05} +02] +01 7,301 7.220 477
Photographic goods . . : 2,274 2378 43[ +01 -0.2 2.288 2,434 2391 33
All other durable goods . . . . | 25,260 24914} 40.2] +12 -10} 25,107] 25,280] 24,921 +22
Nondurable goods industries : 160,027} 160,363] 161,571 0.2 0.7 -0.2| 159,394] 161,191} 162,315] 159,520 -0.1
With unfilled orders 0.2... 2. 39,731] 40.244] 40,821 “13 “14 -11] 40,071} 40,862} 41.281] 41,207 28
Food and kindred products . 33,332) 33,248] 33,454 +03 0.6 +0.8] 31,739] 32,018] 32,695] 31,001 42.4
Meat products 4,039] 4,063 4119 “0.1 4] 413 4079] 4,126] 4.201 3,608} +13.1
Dairy products 2,755 2650] 2637| +40] 405} +41 2.838 2,720 2714 2,704} 45.0
Beverages 6.209 6,194 6.203] +0.2 “0.1 +12 6,159 6.191 6,238 6071} #14
All other foods, except fats and oils 18.136] 18.222} 18.377 -0.5 08] +06) 16594] 16.867] 17.360] 17.152 33
Tobacco products 5,683 5,606 5592] +08] 403 “1.0 5,291 3.367 3531 SLL] 43.5
Textile mill products 10,017 10,055 10,116 04 -0.6 03 10,109 10,411 10,390 10,319 2.0
Broadwoven fabrics and
other textiles 5,985 6,014 6,042 0.5 -0.5 0.3 5.997 6.178 6,187 6.136 23
Paper and allied products 16, 16,933 17,221 Ll “17 1B 16,767 17,181 17,499 16,543 +14
Pulp, paper, and

paperboard mill products 6,975 7,010 7,130 “0.5 2.0 3.0] 6,898 7,092 7,267 6.089] +133
Paperboard containers and boxes 4,052 4.213 4,332 38 27 16] 4,064 4.220 4,363 4585] 14
Miscellaneous converted

paper products 5,725 5,710 5,739] +03 0.5 0.2 5,805 5,869 5,869 5,869 “11

Chemicals and allied products 39,119] 38,995] 39,158] 40.3 04} +03] 39.048] 39.446] 30561] 38535} 413
Industrial chemicals . . : 18,773] 18,673] 18,903} +0.5 12] +05] 18.642] 18,695] 18.927] 18,590] +03
Drugs, soaps, and toiletries... 15,285] 15,343] 15,343 “0.4 0.0 00} 15,530] 15,751] 15,424] 15,182] +23

Petroleum and coal products 12,270} 42345] 12,432 -0.6 -0.7 0.0] 12,563] 12,697] 12527] 12.125] +3.6

Rubber and plastics products 15.227] 15.147] 15,170] 40.5 0.2 0.6] 15,202] 15,298] 15.466] 15,422 14

All other nondurable goods . 27,657 | 28,034] 28,428 13 -l4 -0.7| 28,675] 28.773] 28.646] 30,464 5.9

" 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
4O 40

New Orders

320

300

280

260 |- -| 260

240 i 1 1 i 1 i i i 1 1 1 1 1 240
Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun

Jun. 1994-Jun. 1996

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

VS Ratios UO/S Ratios
25 3.9
24 - ugs [7 3.8
23F “ys {4 3.7
Ba Fenrrerrrererrrrernnnninnnimnianmmmninniinannannninnninninnnninennnnnnne 4 36
aif 4 35
2b 434
19 433
18F 4 a2
175 434
1.8 3
15 29
14 28
13b 4 27
1.2 1 1 1 1 i i 1 i i 1 i J i 26

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

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES
FOR TOPICAL SERIES’
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
June May Apr. | May- | Apr- | Mar- June May Apr. June | June
1996" 1996" 1996 | June | May | Apr. 1996" 1996! 1996 1995 | 96/95
UNFILLED ORDERS
All manufacturing industries 498,962 | 495,913 | 492,922 | +06] +06 -0.2 | 499,709 | 500.280 | 499.435 | 471,983 +59
Market categories
Automotive equipment 1,878 1,900 1,924 “12 “12 -06 1,822 1,891 2,080
Home goods and apparel 9371 9.404 9.380 04] +03 0.0 9,984 10,382 3.8
Consumer staples... . 1,940 1917 1848] +2] 43.7) +30 1,943 1,839 48.7
Machinery and equipment 224,275 | 224,003 | 221,836 40.1 +1.0 -0.4 | 224,252 198.075 +13.2
Business supplies 6,492 6,390 6311 +16] +13] 429] 6573 6,372 0.0
Construction materials
and supplies. . 15,748 15,685 15,708 40.4 -0.1 0.2 15,840 15,878 15,757 +0.5
Defense products .. . 104,323 ] 102,192 | 101,717 | +21 | +05 | +02 | 104,492 103.817 | 98,461 +61
Other materials, supplies and
and intermediate products 134,935 | 134,422 | 134198 | +04] +0.2 -0.3 | 134,803 | 136.443 | 137,211 | 138,817 29
Durable goods industries
Nondefense capital goods * 242,096 | 242,189 | 240,009 0.0 +09 -0.5 | 241,863 | 242,515 | 240,417 | 217,225 HS
Excluding aircraft and parts 97.234 | 97.874 | 98.204 -0.7 03 -0.1 | 97,001 | 98200 | 98.612 | 95,964 +11
Defense capital goods * . . + | 109,214 | 106,999 | 106,584 | +21] +04 | +01 | 109.426 } 107.796 | 108,810 | 104,044 $5.2
Durables excluding capital goods 123,749 | 123.117 | 122,912 +05 40.2 -0.1 | 123,594 | 125,636 | 126,134 | 123,139 +04
Miscellaneous series
Producers’ durable equipment 1 0.0 40.8 -0.4 | 256.966 255,971 | 231,593 +110
Household durable goods : 5,972 08 +0.2 +04 6,032 6,166 5,963 +12
Information technology industries 30.751 -18 23 | +08 | 38367 39,625 | 39.017 “17
Health care equipment
and products 7,530 05] 420 +08 7541 7,446 7.238 +42
TOTAL INVENTORIES
All manufacturing industries 434,128 | 434,220 | 435,441 0.0 03 0.0 | 432,003 | 437,820 | 437.183 | 422,801 +22
Market categories
Automotive equipment 8,043 7,990 7,996 | +0.7 +06 7,790 7,975 8,056 7,330 +6.0
Home goods and apparel : 31812 | 31941 | 32,188 -0.4 -03 | 32,924 | 33.189 | 32,678 | 33.520 “18
Consumer staples os 64,318 | 64.457 | 64,783 02 +01 | 63,084 | 63.847 | 64.181 | 62,062 +16
Machinery and equipment . . . . 109,986 | 109,779 | 109,600 | +02 +10 | 108,745 | 111,576 | 110.012 | 99,930 +88
Business supplies 25.901 | 26,030 | 26,161 “08 -0.1 | 26,009 | 26,342 | 26.483 | 26,651 24
Construction materials
and supplies. . 25,871 | 25,835 | 25,823 | 40.1 0.0 “1.0 | 26,004 | 26,077 | 26,121 | 26.449 “17
Defense products 19,068 | 18,969 | 19,023 | +05 -03 “Ll | 19,265 | 19,106 | 19.022 | 20,248 49
Other materials, supplies and
and intermediate products 149,129 | 149,219 | 149,897 0.1 05 -04 | 148,182 | 149.708 | 150,630 | 146,591 +d
Durable goods industries
Nondefense capital goods * ...... | 103,893 | 103,809 | 103,730 | +01 | +04 102,786 | 105,749 | 104,105 | 94,730 +85
Excluding aircraft and parts | 71,087 | 71.642 | 71,989 -08 05 70.420 | 73.205 | 72,549 | 66.978 451
Defense capital goods * : 19,348 19.215 19.248 40.7 0.2 19,574 19,381 19.263 20,670 53
Durables excluding capital goods 150,860 | 150,833 | 150,892 0.0 0.0 150,249 | 151.499 | 151,500 | 147,881 +16
Miscellaneous series
Producers” durable equipment . . . 175,794 | 175,972 | 176,129 0.1 0.1 +0.5 178,385 | 176,948 | 166,819 +4.6
Household durable goods 15,152 | 15,184 | 15.209 0.2 02} +01 15,631 | 15.379 | 15.221 415
Information technology industries 36.540 36,932 37,321 Ll 10 +18 37.819 37.584 33,001 48.9
Health care equipment
and products 15,565 | 15,589 | 15.547 00] +01 0.0 | 15.738 | 15.859 | 15,602 | 15.037 44.7

See footnotes at end of table 5
See note at end of table 2 relating to survey variability


Table 5. VALUE OF MANUFACTURERS’

FOR TOPICAL SERIES'
(Millions of dollars)

SHIPMENTS AND NEW ORDERS

Seasonally adjusted

Not seasonally adjusted *

Monthly Percent Change Monthly Percent ‘Year to date
Industry change
June | May | Apr. | May-| Apr] Mar-| June | May | Apr. June | June
1996" 1996" 1996 | June | May] Apr. 1996" 1996" 1996 1995 | 96/95 1996" 1995
SHIPMENTS.
All manufacturing industries 308.175} 311.203} 308,003 1.0} +10) +2.4) 330,270] 314,342) 305,245] 318,461 +3.7| 1,834,262 11,775,119
ories
Automotive equipment 13,785] 14,100] -22) +17] +115] 14,699] 15,379] 14,886] 13,842 46.2 85,381] 83,605
Home goods and apparel 18,647] 18.679] 0.2) 40.9) +10) 19,541, 1 17,306] 18,519 45.5] 106,003] 102,183
Consumer staples 1.8] +0.1) +2.3) 66,862] 65,367) 63,675] 63,047) +61) 380,325) 355,109
Machinery and equipment -0.8| +2.7| +10] 62,447] 55,542] $2,570] 59,184] +5.5] 327,894] 309,842
Business supplies 24,520] 24,639] 24,807) — -0.5] -0.7/ +3.6{ 25,558} 24,792] 25,405] 24,189) +5.7) 145,164] 136,343
Construction materials
and supplies 19,214] 19,202] 18,829) 40.1] +2.0)  +3.0) 20,795) 19,730} 18,834] 19,852 +48) 111,406] 111,148
Defense products 6,586] 6,341 6,228) +39) +18] -3.9) 7,073 6,217) 5,875 6,899 +25 37,527] 38,527
Other materials, supplies and
and intermediate products 105,784] 106,968] 106,039] 1.1] +0.9)  +2.5) 113,295] 109,650) 106,694} 112,929] +03] 640,562] 638,362
Durable goods industries
Nondefense capital goods * 42.714] 42,799) 41,648) -0.2) +28) -1.2] 49,516] 41,173) 38,743) 47,470) +43) 250,573) 236,596
Excluding aircraft and parts 37,783) 36,784) 36,684) 42.7) +0.3) -1.5} 43,589] 35,436) 33,956) 40,965 +64) 220,813) 204,607
Defense capital goods * 6.251 5,999] 5.900) +42) +17] 46) 6. 5,870] 5,482 6,526 43.5 35,391 36,076
Durables excluding capital goods 117,469] 118,689] 317,067] -1.0) +14] +4.5) 125,483) 122,703) 118,685] 119,346} +5.1] 704,906] 684,186
Miscellaneous series
Producers” durable equipment 107,095] 107,909] 105,474] -0.8}  +2.3)  +3.4) 118,425] 109,636] 104,426] 111,869] +5.9] 639,783} 612,020
Household durable goods: 9,322| 9,242} 9.116] +09] +14) +06) 9,678] 8,846) 8,677) 8,505} +13.8 52,454] 47,642
Information technology industries 20,790] 20,502] 20,131} +14] +18] -3.41 24.684] 19,158] 17,484] 23,101] +6.9] 120,439] 108,955
Health care equipment
and products 10,184] 10,236} 10,086] -0.5} +15] +11] 10,836} 9,723) 9,538 9,948) +89 59,500] 55,186
NEW ORDERS,
All manufacturing industries 311.224) 314,194) 307.001 -0.9] +23] 0.6) 329,699] 315,187] 305,815] 311,501 +5,8] 1,859,496 |1,782,795
Market categories :
Automotive equipment 13,763} 14,077) -2.2) +17) +117) 14,631] 15,316) 14,863] 13,786) +6.1 85,286] 83,520
Home goods and apparel 18,614) 18,703 -0.5] +1.0) +04) 19.451) 17,769) 17,749] 18,409) +5.7| 108,377] 105,377
Consumer staples 64,421] 65,677] -19] 40.2) +2.5) 66,970) 65,447) 63,728) 63,173) 46.0) 380,443) 355,271
Machinery and equipment 55,513] $7,833 4.0} +8.6[  -7.9) 62,027] 57,747) S1,917] $7,622) 47.6) 343,286] 311,832
Business supplies 24,622) 24,718] 24,987] -0.4 L.A} +5.0] 25,549] 24,991] 25,666] 24,030) 46.3] 145,501] 136,824
Construction materials
and supplies . 19,277] 19,179) 18,793] +05] +21) +3.0) 20,768) 19,719) 18,817) 19,484 +6.6) 111,969} 111,494
Defense products see 8,717 6.816] 6.438] +27.9) 45.9) -27.3) 8,649) 5,316] 5,433] 5,293) +63.4 43,648) 34.849
Other materials, supplies and
and intermediate products 106,297} 107,191} 105,592] -0.8}  +1.5]  +4.0} 111,654] 108,882] 107,642] 109,704} +1.8] 640,986] 643,628
Durable goods industries :
Nondefense capital goods * 42,621] 44,979] 40,487} -5.2] +ita} -13.11 48,864] 43,271] 37,692] 46,014] — +6.2] 265,262] 239.153
Excluding aircraft and parts 37,143] 36,454) 36,562) +19 -0.3]  -1.6] 42,390] 35,024) 33,944) 41,362 #2.5} 222,490) 210.911
Defense capital goods * 8.466} 6,414] 6,038} 432.0) +62) -29.2} 8,387) 4,856) 5,053] 4,918] +70.5 41,706] 32,244
Durables excluding capital goods 113.101] 118,894] 116.947] -0.7| +17] +5.91 123.441] 122,205] 120,158] 115,595]  +6.8] 707,070] 690,138
Miscellaneous series
Producers’ durable equipment 107,179] 109,868} 104,408) -2.4)  +5.2| 0.9) 117,276) 111,780] 103,714] 109,775 +68) 654,405} 615,706
Household durable goods 9,272] 9,252} 9,142] +0.2) +12) +0.2) 9,452) 8,938] 8.938] 8,490) +113] 53,512] 48,544
information technology industries 20,088] 19,570} 20,436] +2.6 4 -L.6[ 23,919] 18,665) 18,072} 23,127] 43.4) 120,563] 111,353
Health care equipment
and products: 10,144] 10,397) 10,144] -2.4] +25} +3.2) 10,729] 9,925] 9,574) 9,944 +79 59,514] 54,452

Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories

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

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

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

* Defense capital goods industries include i
and tank components; and search and navigation equipment.

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

ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, tanks


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 June May Apr. Mar. June May Apr. Mar.
1996" 1996" 1996 1996 1996" 196" 1996 1996
All manufacturing industries 141 1.40 141 1.45 291 2.89 291 2.95
Durable goods industries 1.65 1.64 1.66 171 3531 3.47 351 387
Stone, clay, and glass products 121 118 1.24 127 1.05 1.04 1.10 113
Primary metals : 1.63 137 137 162 2.10 1.98 1.94 1.97
Fabricated metal products 1.46 147 1.49 158 135 134 134 141
Industrial machinery and equipment 1.86 1.90 1.92 189 2.40 2.45 244 2.42
Electronic and other
electrical equipment 1.53 153 134 152 1.78 1.82 1.86 1.87
‘Transportation equipment 173 1.66 172 187 1251 11.86 12.57 13.09
Instruments and related products 1.96 1.96 2.00 197 3.83 3.84 3.92 3.88
Nondurable goods industries 113 112 113 113 0.66 0.66 0.65 0.65
Food and kindred products 0.88 0.86 0.87 0.88 (X) () (X) )
Tobacco products an 2.05 2.10 2.06 2.10 (X) &) x! ie)
Textile mill products 1.50 ss 1.59 1.58 (NA) (NA) (NA) (NA)
Paper and allied products 1.25 126 1.26 129 (NA) (NA) (NA) (NA)
Chemicals and allied products 127 1:25 128 131 (X) &) (X) (X)
Petroleum and coal products 085 081 0.80 0.85 (x) (%) (X) ()
Rubber and plastics products 1.28 126 127 130 (x) (x) &) (&)

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

' Excludes the following industries with no unfilled orders : Wood and lumber products; glass containers; metal cans, barrels and drums: farm and garden machinery;
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; appare! 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
June June June June
June? | 1995- June? | 1995- June? | 1995- June* | 1995-
June! 1991- May June! 1991- May June! | 1991- May June! | 1991- May
1996 | 1995 | 1996 | 1996 | 1995 | 1996 | 1996} 1995 | 1996 | 1996 | 1995 | 196
All manufacturing industries. . (x) 01 02 (X) 02 03 (x) 01 Od (e0) On 0.1
Durable goods industries. . : 04 01 03 0.2 02 04 0.1 OL OL (X) 01 0.1
Stone, clay, and glass products (X) 07 07 (xX) 13 09 (X) 08 05 (X) 03 01
Primary metals -0.1 04 05 0.2 06 07] 0.1 02 03 & 01 Ol
Fabricated metal products. . eo) 03 03 On 04 05 (X) 03 03 () 02 02
Industrial machinery and equipment. 10 02 05 07 06 o7}] 03 02 02 (&) on o1

Electronic and other

electrical equipment . 05 0.2 03 04 14 06 0.0 06 03 (X) 02 0.
Transportation equipment 02 03 07 “0.4 02 12 0.1 ol 02 () 02 03
Instruments and related products o3) 08 03 (%) 18 09 (&) 02 03 & On ol
Nondurable goods industries... . (%) 02 ou (x) 02 02 (x) 05 03 (X) 02 01
Food and kindred products : (x) 00 02 & (%) (%) (x) fe) a) () ol 02
Tobacco products . (X) 02 0.0 (X) (x (X) (X) (X (X) (X) 0.0 0.0
Textile mill products fee (X) 07 03 (x) | (NA) | (A) (| (NA) | (NA) (X) 03 oO.
Paper and allied products . . . (xX) 0.8 03 (X) | (NA) | QNA) (X) | (NA) | NA) (xX) 07 03
Chemicals and allied products. - (X) 02 02 (X) (xX) (X) (X) (X) () & 03 02
Petroleum and coal products : (x) 03 03 (X) (X) (xX) (X) (xX) (X) (xX) 01 0.2
Rubber and plastics products (&) 04 02 (xX) &) (X) (x) & (x) &) 02 02

Capital goods industries :
Nondefense . : 08 0.4 0.5 03 07 07 04 0.0 01 (xX) 0.0 03
Defense | 24 02 07 04 14 5.1 0.1 01 03 & 03 03

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

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

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


CURRENT INDUSTRIAL REPORTS

eer Oh
e *s

S

ee
‘States of

U. S. Department of Commerce

Economics and Statistics Administration
BUREAU OF THE CENSUS

Manufacturers’ Shipments,
Inventories, and Orders

June 1996
M3-1-(96)-6
For Wire Transmissions 10:00 a.m. E.D.T. August 2, 1996

For Data - (301) 457-4673
For Questions - Kathy Menth or Gloria Cable
(301) 457-4804 or (301) 457-4832

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

Summary

New orders for manufactured goods in June decreased $3.0 billion or
0.9 percent to $311.2 billion, the Department of Commerce, Bureau of the
Census reported today. ‘This follows a 2.3 percent May increase and is the
first decline since February, Excluding transportation, new orders decreased
0.8 percent, the first decrease since March. Year to date, new orders are
4.3 percent above the same period a year ago.

Shipments, down for the first month since March, decreased $3.0
billion or 1.0 percent to $308.2 billion, following a 1.0 percent May
increase. Year to date, shipments are 3.3 percent above the same period a
year ago

Unfilled orders, up nine of the last ten months, increased $3.0 billion
or 0.6 percent to $499.0 billion, following a 0.6 percent May increase. ‘The
unfilled orders-to-shipments ratio was 2.91, up from 2.89 in May

Inventories decreased $0.1 billion to $434.1 billion. following a 0.3
percent May decrease. The inventories-io-shipments ratio was 1.41, up from
1.40 in May

New Orders

New orders for manufactured durable goods in June decreased $1.1
billion or 0.6 percent to $169.2 billion, revised from the previously published
0.8 percent decrease. This follows a 4.2 percent May increase and is the
second decrease in the last three months.

Transportation equipment, down two of the last three months,
decreased $0.7 billion or 1.7 percent to $41.6 billion; a large decline in
aircraft and parts, and motor vehicles and parts more than offset an increase
in shipbuilding and tanks. This follows a 14.6 percent May increase.
Instruments and related products, down three of the last four months,
declined $0.4 billion or 3.0 percent to $12.1 billion. Fabricated metal
products decreased $0.3 billion or 1.5 percent to $178 billion. This follows
a 3.4 percent May increase and is the first decline since March. Primary
metals, down for the first month since March, decreased $0.2 billion or 1.4
percent to $15.4 billion, following a 2.0 percent May increase. Industrial
machinery and equipment, also down for the first month since March,
decreased $0.1 billion or 0.4 percent to $31.5 billion. This follows a 1.2
percent May increase. Electronic and other electrical equipment, up for the
first month since March, increased $0.5 billion or 2.0 percent to $26.3
billion, mostly due to communication equipment.

New orders for nondurable goods, down for the first month since
February, decreased $1.9 billion or 1.3 percent to $142.0 billion, following
0.3 percent May increase. The largest declines were in petroleum and coal
products. food and kindred products, and chemicals and allied products;
textile mill products had the largest increase.

Shipments

Shipments of durable goods in June decreased $1.1 billion or 0.6
percent to $166.4 billion, revised from the previously published 1.0 percent
decrease. This is the first decrease since March,

Transportation equipment, down for the first month since March, had
the largest decrease, $1.3 billion or 3.3 percent to $38.4 billion, duc to
aircraft and parts, and motor vehicles and parts. This follows a 4.2 percent
May increase. Primary metals decreased $0.5 billion or 3.2 percent to $14.6
billion, This follows a slight May decline and is the ninth decline in the last

NOT

The data in this press release are co

ten months. Stone, clay, and glass products, down for the first month since
February, declined $0.1 billion or 1.6 percent to $6.9 billion, following a 3.6
percent May increase. Industrial machinery and equipment increased $0.4
billion or 1.3 percent to $31.7 billion, following a 0.5 percent May increase
Electronic and other electrical equipment increased $0.2 billion or 0.9
percent to $269 billion. This is the second consecutive increase and the
fourth in the last five months

Shipments of nondurable goods, down for the first. month since
December, decreased $2.0 billion or 1.4 percent to $141.7 billion, follow
a 0.2 percent May increase. Petroleum and coal products had the largest
decrease, $0.8 billion or 5.1 percent to $14.5 billion. Food and kindred
products, down for the first month since February, decreased $0.7 billion or
1.9 percent to $37.9 billion. Chemicals and allied products, down for the
first month since March, declined $0.6 billion or 1-8 percent to $30.7 billion.

Unfilled Orders

Unfilled orders for durable goods in June increased $2.8 billion or 0.6
percent to $475.1 billion, revised from the previously published 0.7 percent
increase. This follows a 0.6 percent May increase and is the ninth increase
in the last ten months,

Transportation equipment, up nine of the last ten months. had the
largest increase, $3.2 billion or 1.4 percent to $240.3 billion, mostly due 10
aircraft and parts, and shipbuilding and tanks. This follows a 1.1 percent
May increase. Primary metals, up eight of the last nine months, increased
$0.8 billion or 2.6 percent to $30.6 billion, This follows a 1.8 percent May
increase. Fabricated metal products increased $0.1 billion or 0.6 percent to
$22.3 billion, the fifth consecutive monthly increase. Electronic and other
electrical equipment, down seven of the last cight months. decreased $0.6
billion of 1.3 percent to $47.9 billion, following a 1.8 percent May decrease.
Instruments and related products, down three of the last four months
decreased $0.4 billion or 0.8 percent to $47.9 billion, following a 0.1 percent
May decline. Industrial machinery and equipment, down for the first month
since March, decreased $0.3 billion or 0.4 percent to $71.8 billion

Inventories

Inventories of durable goods in June increased $0.2 billion or 0.1
percent to $274.1 billion, folowing a slight May decrease. ‘This is the fifth
increase in the last six months. Transportation equipment, up five of the last
six months, increased $0.9 billion or 1.3 percent to $66.3 billion. This
follows a 0.2 percent May increase. Electronic and other electrical
equipment increased $0.2 billion or 0.6 percent to $41.2 billion, following
a 0.1 percent May decrease. Industrial machinery and equipment, down
three of the last four months. decreased $0.6 billion or 1.1 percent to $58.9
billion, following a 0.3 percent May decline, fabricated metal products,
down ten of the last eleven months, decreased $0.2 billion or 0.8 percent to
$25.7 billion, following a 0.6 percent May decline. Instruments and related
products, down for the first month since May 1995, declined $0.2 billion or
0.6 percent to $24.5 billion,

Inventories of nondurable goods, down for the fourth consecutive
month, decreased $0.3 billion or 0.2 percent to $160.0 billion, following ¢
0.7 percent May decline. The largest decreases were in printing
publishing, and paper and allied products.

By stage of fabrication, June finished goods increased 0.8 percent in
durables and 0.2 percent in nondurables. Work in process increased 0.5
percent in durables and 0.1 percent in nondurables. Materials and supplies
decreased 1.1 percent in durables and 0.9 percent in nondurables.

ent with the revised historical series released July 18,1996. A report which includes these data from 1982 through 1995 is

available on the internet, on STAT-USA, on diskettes, or from Census Bureau's customer services for $10.00. Please call (301) 457-4100 to order the book, or (301) 487-1227

to order diskettes. Our internet address is: http:/www.

ensus.gow/ftp/pub/indicator/www/m3prel.html

‘The advance report on durable goods for July is scheduled for August 23, 1996 at 8:30 a.m. and the full report on August 30, 1996 at 10:00a.m_ For sale by the Superimendent ot

Documents, U.S. Government Printing Office, Washington, DC 20402. This reportis also available the day of issue through the Department of Commerce's online Ee:
through the Census Bureau's online information service--CENDATA. CENDATA is available from Dialog Information Services, Inc. (1-800-334-2

(N-8-1) (202-482-3870)

nomic Bulletin Board
}64yand

CompuServe (1-800-848-8199). The CENDATA staff at the Bureau of the Census (301-457-1305)can provide content information and general guidance.


Billions of Dollars

Nondefense Capital Goods "4

New Orders and Shipments
Three Month Moving Averages

52

[sero | -| 52
Shipments

1 1 1 L n L L L L 1 L

Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun
Jun. 1994-Jun. 1996
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
4 4
New Orders
10F ———" | 10
Shipments
9+ +49
BE {8
7
8
5

Jun Aug

© U.S. GOVERNMENT PRINTING OFFICE: 1996

Oct Dec Feb Apr Jun Aug Oct Dec Feb

Jun. 1994-Jun. 1996

Apr

Note: All Charts based on seasonally

adjusted current dollar
404-450/40002


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

DUSTRY GROUP
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
June May Apr. | May- | Apr- | Mar- June May Apr. June | June
1996" 1996" 1996 | June | May | Apr. 1996" 1996" 1996 1995 | 96/95
MATERIALS AND SUPPLIES
All manufacturing industries 143,132 | 144,598 | 145,669 10] -0.7 -0.1 | 141,933 | 144,054 | 145,003 | 142,190 0.2
Durable goods industries 83,810 | 84.285 “Ld -0.6 0.0 83.224 | 83,332 | 80,269 +18
Stone, clay, and glass products 2,777 2.775 07} +01 “04 2.739 2,808 “18
Primary metals 7,638 7578 7] +08 | +03 7328 7470 “10
Fabricated metal products 9.670 | 9.763 “19 10 | +05 9.670 9,914 “4.1
Industrial machinery and equipment 18.080 } 18,089 “16 0.0 0.0 17,920 | 16,592 $5.2
Electronic and other
electrical equipment 14.931 chi} +14 15,073 | 14,098 43.7
‘Transportation equipment 12/544 “14 0.9 12.750 | 12376 -09
Instruments and related products 71684 07 | +12 7,166 7142 +76
Lumber, furniture and
miscellaneous durable goods 10,486 03 “2.1 10,086 9.869 +16
Nondurable goods industries 60,788 -1.0 -0.2 61,921 27
Food and Kindred products 11,780 03 | +12 11002 +28
Tobacco products 4.623 +011 “16 4363 42.1
Textile mill products 2,943 “04 0.0 3,077 37
Paper and allied products . 8.077 29 0.0 81574 “8.6
Chemicals and allied products 12979 +01 | +04 13.081 +0.1
Petroleum and coal products 4.074 “3.9 -0.7 4,163 432
Rubber and plastics products 5,800 +04] +02 6.242 7
Apparel, printing and publishing
and leather goods 10,512 18 22 | 10.469 | 10,360 11,419 83
WORK IN PROCESS
All manufacturing industries 144141 | 143,340 | 143,297 | +04 | +02 | +05 | 142,895 | 144,221 | 143,188 | 136,545 +47
Durable goods industries 118,208 | 117,640 | 117.388 | +05] +02 | +05 | 117.387 | 118,587 | 117,399 | 111,484 +53
Stone, clay, and glass products 1.232 1/228 1230 | +03 -02 -18 : 1281 1296 1.295 “17
Primary metals 91137 9.079 9.059 | +06] +02 | +03 9,078 9,096 8.689 +44
Fabricated metal products 7331 7385 7485 0.7 13] +03 7.408 7.496 7,889 -16
Industrial machinery and equipment 23.987 | 24,177 | 24,197 08 | -O1 | +07 24.455 | 24,093 | 22,943 43.2
Electronic and other
electrical equipment 15.418 | 15,082 | 14979 | +22] +07 | +08 15.275 | 13,114 | 13,565 | #13.
Transportation equipment 45.626 | 45,081 | 44938 | +12] +03 | +04 45314 | 44632 | 42.140 +72
Instruments and related products 10,893 | 11015 | 10.948 1] 406] +08 iar} 11048 | 10,192 +77
Lumber, furniture and
miscellaneous durable goods 4,581 4,593 4,552 03 | +09 05 4,624 4g 34
Nondurable goods industries 25,936 | 25,900 | 25,909 | +01 oo | +03 23,634 | 28.789 | 25,061 +18
Food and kindred products 4.525 4.458 4402 | +13 0.1 +04 4.057 4.257 3.994 +55
Tobacco products 276 276 258 00] +70 “0.4 205 203 192 16
Textile mill products 2,791 2,790 2.812 0.0 0.8 0.2 2.816 2,844 2,760 +0.1
Paper and allied products 1,790 1771 1755 | +11} +09 “1.0 1.792 1781 1607 | +13.9
Chemicals and allied products 6.839 6.728 6764] +16] 05 | +04 6.790 6.740 6399 +63
Petroleum and coal products 2392 2510 2,506 47] +02 “12 2,582 2/520 2.475 “18
Rubber and plastics products 21023 2015 2026 | +04 05 23 2,006 2.017 2,005 2.0
Apparei, printing and publishing
and leather goods . 5,300 5,352 5,326 10] 405 | 428 5,386 5,427 5,629 “57
FINISHED GOODS.
All manufacturing industries 146,855 | 146,082 | 146.475 | +0.5 -03 03 149,545 | 148,992 +22
Durable goods industries 73,014 | 72,407 | 72.197 | +08 | +03 03 74.818 | 74,137 428
Stone, clay, and glass products 4302 4359 | 405 “18 -08 4443 -44
Primary metals 7.130 7,060 | +23 213 31 7.129 33
Fabricated metal products 8.879 8.795 | +04] +05 -23 9.207 33
Industrial machinery and equipment 17089 17.412 10} 09 | +17 17.726 +56
Electronic and other
electrical equipment 10.985 | 10.941 | 10912] +04] 403 | 404] thas | 11420 +5.0
Transportation equipment 8,482 8,049 7867 | +54 | 423 “12 8.276 8.171 +96
Instruments and related products 5.922 5.946 5.951 “04 01 0.0 3.972 6.074 +10
Lumber, furniture and
miscellaneous durable goods 10,126 9.841 +10] 429 00 | 10,475 | 10,648 45.5
Nondurable goods industries 73,675 | 74.278 | +0.2 08 -03 | 73.651 | 74,727 +15
Food and kindred products 17010 | 17173 | #14] -09 | +07 | 16.210 +13
‘Tobacco products 107 716} +31 13] 429 640 +151
Textile mill products 4322 4350 -0.6 0.6 07 4383 22
Paper and allied products 7,085 715! 02 -0.9 3.9 7.097 +116
Chemicals and allied products 19.288 | 19.433 -0.1 07 | 40.2 | 19.150 19.035 +05
Petroleum and coal products 5,761 3.687 06} +13 | +h1 5.835 5.487 +63
Rubber and plastics products 77332 7.369 | +07 05 “07 7.440 FAIS 43.7
Apparel, printing and publishing
and leather goods 12,170 | 12.399 06] 18 -10 | 12.896 13,416 3.9

® Preliminary, * Revised.

See note at end of table 2 relating to survey variability


Table 3. VALUE OF MANUFACTURERS’

UNFILLED ORDERS FOR INDUSTRY GROUPS
Millions of dollars)

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
° change
June May Apr.| May-|— Apr-} Mar June May Apr. June] June
1996" 1996" 1996] June} = May} Apr. 1996" 196" 1996 1995 | 96/95
All manufacturing industries 498,962] 495,913 | 492.922 +06 40.6 0.2} 499,709] $00,280] 499.435] 471.983 45.9
Manufacturing indust
without defense capital goods 389,748 | 388,914] 386,338 40.2 40.7 -0.3| 390,283] 392.484] 390,625] 367.939 +61
Durable goods industries 475.059 | 472,305 | 469.505 +0.6 +0.6 -0.2| 474.883] 475,947] 475.361} 444.408 46.9
Stone, clay, and glass products 6,844 6,880 7.033 05 22 -0.6 6.990 7,093 6.732 -0.3
Primary metals 30,552} 29,766] 29245] 42.6] +18] 40.7 30,783] 30,866} 29.048] +63
Blast furnaces, steel mills 12,503 12,352 12,027 412 427 0.3 12,821 12,693 11.646 48.5
Iron and steel foundries 4,123 4,013 4,019 427 0.1 40.7 4.065 4,160 3.746] +10.7
Nonferrous and other primary
metals... 0... 13,926] 13,401} 13,199} 43.9] +S] +17 13,897] 14,013] 13.656] 43.2
Fabricated metal products 22,257) 22,120] 21,725 +0.6 +18 +01 22,205] 21,792} 22.060 HLS
Industrial machinery and equipment 71,778] 72,045 | 71,781 -04 +0.4 +01 72.233 71,999] 70,720 40.9
Engines and turbines : 10,774 11,017} 10,908 22 +10 -0.1 10,541 10,480] 10,587 +12
Construction, mining and
material handling equipment 9,306 9,225 9,156 +0.9 +0.8 +0.5 9,306 9.420 9458 8.092]  +15.0
Metalworking machinery 8,929 8.974 8,798 05 +2.0 “1.0 8,929 8.974 798 9,824 “9.1
Computer and office equipment 9.644 9,584 9648] +06 07] +05 9,895 9.886 H}tnia2} 11.2
Electronic and other
electrical equipment 47,885] 48.508] 49,411 “13 18 0.9] 47.608] 49.293] S045] 48.227 “13
Electrical transmission and
distribution equipment and
industrial apparatus 6,041 6,034 6.029 40.1 +0.1 2.0 6.013 6,095 6.110 6373 5.6
Electric lighting and
wiring equipment 4,150 4,145 49] +01 -0.1 +09} 4,150 4,145 4,149 3,892] +66
Communications equipment 14.947] 15,343} 15.842 26 3. +05] 14979] 15318] 15,887] 13,968] +7.2
Electronic components 18,638] 18.848] 19.270 “ld 22 22] 18433} 19.624] 20.455] 19,641 -6.2
Transportation equipment 240.349 | 237,132] 234.504 Ha nd 05} 240.565] 238,025] 236,795] 211,728] +136
Aircraft, missiles,
space vehicles, and parts, 209,938 | 208,125] 205,073} +0.9 -0.3| 210,280] 208,996} 207,081] 179.410] +172
Shipbuilding and tanks 17,841] 16,638] 16.972} +7.2 20 24] 17,964] 16.705] 17,034] 18,794 44
Instruments and related products 47,893] 48,274] 48,324 0.8 “0.1 40.5} 47,611 48.179] 48,427] 47,846 0.5
Search and navigation equipment 29,309] 29,607| 29,640 -1.0 -0.1 +04] 29,147] 29,558] 29,813 30,147 33
Measuring and controlling devices 9.970] 10,055] 10,225 -0.8 -7{ +03 9,970 10,225 9786] +22
Medical instruments and supplies 7,643 7,683 7.523 OS} 421] +08 7513 7,419 7.207 +42
All other durable goods 7.501 7,580 7,482 -1.0 +13 “0.1 TISS 1,744 8.047 3.6
Nondurable goods industries 23.903 23,608 23.417 #12 +08 +0.6 24,826 24,074 27.575 10.0

” Preliminary. * Revised

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


we

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
June | May | Apr. | May-| Apr-| Mar~} June} May | Apr. | June | June
1996"] 1996'} 1996} June] May] Apr.} 19967] 1996] 1996] 1995] 96/95 | 19967] 1995
All manufacturing industries . 311,224] 314,194] 307,001} -0.9] +23) +0.6] 329,699] 315,187] 305,815] 311,501] — +5.8] 1,859,496 |1,782,795
Manufacturing industries
with unfilled orders ++] 174,381] 174,801] 168,537] -0.2] +3.7}— -2.1] 185,080] 171,458] 165,574] 172,638] +7.2] 1,037,676] 986,642
without defense capital goods 302,758] 307,780} 300,963} -1.6] +23) +1.5] 321,312} 310.331] 300,762) 306,583] — +4.8] 1,817,790 |1,750,551
Durable goods industries 169,188] 170,287] 163,472} -0.6] +42} -1.2} 180,692] 170,332] 162,903] 166,527]  +8.5] 1,014,038] 961,535
With unfilled orders : 138,015] 138,742] 132,444] -0.5]  +4.8)  -3.4) 147,492] 136,094] 129,658] 135.256]  +9.0} 824,242] 773,352
Stone, clay, and glass products 6,845] 6,840} 6.707] +0.1] 42.0] +1 284] 7,090] 6,910] 6,624 +10.0] 39,815} 36,456
Primary metals 15,369] 15,580} 15,278] -14] 42.0, 46.7] 15,441] 15,486] 15,361] 14,964] +3.2] 93,501] 95,647
Blast furnaces, steel mills 6321] 6,465] 6,134] -2.2) 45.4) +8.8) 6.224] 6,447] 6,046] 6.115] +1.8] 38,449) 40,103
Iron and steel foundries 1,500] 1,405} 1.417] +68] -0.8) +113) 1,598] 1,425] 1,476] 1,260] +26.8 9.014] 8,024
Nonferrous and other primary
metals 7,548) 7,710) 7.727|-2.1] 0.2) +44) 7,619] 7,614} 7,839] 7,589] +0.4] 46,038] 47,520
Fabricated metal products 17,760] 18,026] 17,433{-1.5] +3.4) +5.2) 18,920] 18,521} 17.431} 17,349] +9.1] 104,922] 100,809
Industrial machinery and equipment 31,464] 31,601 31,225} -0.4) +12] +16] 35,455] 31,143) 29,757] 34,076] +4,0] 191,655] 180,721
Engines and turbines 1,508] 1,745] 1,641] -13.6] +6.3) +12.6] 1,999] 1,627] 1,241] 2,550] -21.6] 9,358] 10,190
Construction, mining and
material handling equipment . . 3,686) 3,631) 3,98) +1.5] +0.9] +4.7] 3,808) 3,622] 3,558) 3,481] +9.4) 22,577] 20,981
Metalworking machinery . . . 3,127] 3,363 3,059] -7.0) +9.9] -2.5] 3,403] 3,303] 2,848] 3,275] +3.9) 18,758] 18,721
Computer and office equipment ...] —8,471/ 8,352] 8,455] +14) 1.2) -0.7] 10,817] 7.758] 6,886] 10,413] +3.9] 50,050] 44,987
Electronic and other
electrical equipment : 26,311] 25,791] 26,130} +20] -1.3) 1.7] 27,570} 24,589] 26,202) 25,793] +6.9] 154,998] 147,557

Electrical transmission and
distribution equipment and
industrial apparatus
Flectric lighting and

wiring equipment
Communications equipment

3,081 2,999) +37] 42.7) -2.2) 3.481 3,018] 2.984 3,341 +42 18,643 18,785

2,012) 2,023} = +0.7] -0.5j 0. 2,127, 1,995 1,938] 1,927} +104 12,227 11,934
5,316] 5,673] +8.9) ~6.3) -12.0) 6,786) 4,827, 5,232 6,058} = +12.0 34,058] 30,428

Electronic components 9871} 10,004) 40.9) 13) 41 9,665} 9,391) 11,130] 9.324) 43.7] 59,359] 58,352
‘Transportation equipment 42,299] 36,917] -1.7] +146) -11.9) 44.276] 43,218] 38,294] 37,507] +18.0] 253,159] 229.868
Aircraft, missiles,
space vehicles, and parts 10,081] 12,260} 7,579] -17.8] +61.8} -52.0] 10,788] 10,732] 6,878] 7,050] +53.0] 67,618] 46,558
Shipbuilding and tanks 2,137 450] 442/4+374.9) +18) -7.7) 2,285 482 442 814] +180.7 6,029 4,155
Instruments and related products 12,135] 12,516) 12,573} -3.0f -0.5] +44) 13.141] 12,339] 11,537] 13,018} — +0.9] 73,698] 69,758
Search and navigation equipment 2,173] 2,502} 2,656] -13.1]  -5.8] +13.6] 2.252] 2.310] 2.144] 2,562] 12.1] 14,344] 13,520
Measuring and controlling devices 3,740] 3,670] 3,661} +1.9) +0.2] +13) 3,989] 3,674] 3.486] 3,993] -0.1 22,500] 22,090
Medical instruments and supplies 3,929] 4,096) 3,953} -4.1] +3.61 +5.41 4,267] 4,049] 3,727] 4,017) 46.2] 23,377] 21,293
All other durable goods . : 17,727] 17,634 17,209] +05] +2.5[ +27] 18,605] 17,946] 17,411} 17,196] +82] 102.290] 100,719
Nondurable goods industries 142,036] 143,907] 143,529] -1.3]  +0.3)  +2.8) 149,007] 144,855] 142,912] 144,974 +2.8] 845,458} 821,260
With unfilled orders... 36,366] 36,059] 36.093) +0.9]  -0.1] +32) 37,588] 35,364) 35,916] 37,382) +0.6] 213,434] 213,290

* 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 dolla
increase from the prior month to the current month

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



v

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

FOR INDUSTRY GROUPS

Seasonally adjusted

‘Not seasonally adjusted’

Monthly Percent Change Monthly Percent | Year to date
Industry change
June} May | Apr. | May-| Apr-| Mar-} June} = May} Apr. | June | June
1996" 1996" 1996 | June May | Apr. 1996" 19965 1996 1995 96/95, 1996" 1995
All manufacturing industries 308.175] 311,203] 308,003 -1.0) +10} +2.4] 330,270] 314,342] 305,245] 318,461 +3.7] 1,834,262 ]1,775,119
Manufacturing Industries
with unfilled orders 171.332] 171,810] 169,539] -0.3} 41.3] +1.1) 185,651] 170.613] 165,004] 179.598] +3.4] 1.012.442] 978,966
without defense capital goods 301,924) 305,204} 302,103 “lt +10) +2.6{ 323,513] 308,472] 299,763] 311,935) +3.7] 1,798,871 |1,739,043
Durable goods industries 166,434] 167,487| 164,615 -0.6]  +1.7] +2.6| 181,756] 169,746] 162,910] 173,342] +4.9] 990,870 956,858
With unfilled orders 135,261] 135,942] 133,587] -0.5} +18] +1.2) 148.556] 135.508] 129.665] 142.071] +4.6] 801,074] 768,675
Stone, clay, and glass products 6881] 6.993] 6.747] -1.6] 43.6 +1.6| 7,559} 6.911] 6.806} +111] 39.862] 36.373
Primary metals. 14.583] 15,059] 15,065] -3.2] 0.0] 42.3] 15,342) 15.382, 16.284} -5.8] 90.894} 95,326
Blast furnaces, steel mills 6.170] 6.140] 6.171] +05] -0.5f 44.1) 6.404 6.299] 6.539] -2.1] 37.486) 39,116
Iron and steel foundries 1390] ali] 1390) 15} +15) 49.2] 1515 1,463] 1.360] +114] 8.436] 7,961
Nonferrous and other primary
metals 7.023] 7.508} 7,504] 6.5] +01] 0.2} 7.423 7.620] 8,385] -11.5| 44,972] 48,249
Fabricated metal products 17,623) 17,631] 17421] 0.0} +1.2) +53] 18.728) 17.453] 17411] +7.6] 103,846] 99,831
Industrial machinery and equipment 31,731] 31.337| 31.168] +13] +05] -0.7| 36.335 29.714] 33,786] +7.5] 190,866] 175.614
Engines and turbines . 1,751 1,636] 1.647] +7.0] 0.7] 6.1 2,085 1,468 1,877! +h 10,338 10,727
Farm and garden machinery. Hai} 1,871] 1,755] -1.6| +66 -2.6] 1,869] 2.276) 1.732) +7.9] 12,721] 12.116
Construction, mining and
material handling equipment 3.605] 3,562 +12} +02) 0.0} 3.922] 3,660] 3,625] 3.582| +9.5] 21.954] 20,074
Metalworking machinery . . 3.172] 3.187 -0.5| +13} +08) 3.448] 3.127] 2.934) 3.344] 43.1] 18.296] 17,388
Computer and office equipment B4ll] 8.416 -0.1{ +01] -4.2} 10808) 7,403] 6,536} 10,259] +54] 49.931] 43.873
Flectronic and other
electrical equipment... . 26,934] 26,694 +09} +0.4) 0.5] 29,258] 25,941] 24,997] 27,306 +7.1] 156.378] 141,965
Electrical transmission and
distribution equipment and
industrial apparatus 3.187] 3.076] 3.123] +36] -Ls} +4.1] 3,563] 3.033) 3,101] 3.468] 42.7] 18,691] 18,543
Household appliances 2.063] 2,084] 2.027] -Lo] +28) -1o] 2.342) 2.131] 2.029] 2170] +79] 12.274] 11,473
Electric lighting and
wiring equipment... . 2.021] 2.016] 1.987] +0.2) +15} -0.8) 2.122) 1.999} 1.902} 2.010] +5.6} 12.007] 11,767
Household audio and
video equipment . . 13] 1,287] 1.366] +19] -s.8) +85) 1.148] 1,070] 1.105] 100s] +142] 6,486] 5,875
Communications equipment 6.187] 5.815] 3.599] +04] +39} -5.a] 7.125] 5396] S108] 6.175] +154] 33.583] 29,070
Electronic components . 10,165} 10,293) 10,442 12) -14 0.8} 10.856] 10,222 9,906] 10,439] +4.0 61,717 54,069
‘Transportation equipment . . 38.360, 39,671] 38.080) -3.3] +4.2] +84] 41.736] 41.988] 39.798] 40.830] 42.1} 233,755] 236,285
Motor vehicles and parts 26971] 27.603] 27.111] -23] +18} +14.s| 28.998] 30.214] 29.095] 27,530 +53] 167.598] 166.8
Aircraft, missiles,
space vehicles, and parts 8,268] 9,208 -10.2] +135) 3.4] 9504) 8.817] 7.713] 10051) 54 51,280
Shipbuilding and tanks 934] "784 +19.1] 94} +83) 1.026] 781] 846} 92] 12.5 5.152
Instruments and related products . 12,516} 12,566 -0.4) +19 0.5] 13,709] 12.587] 11,676] 13,150) +43 71,832
Search and navigation equipment 2.471] 2,535 -25{ 0.0 +2.7} 2663) 2.565] 2.340 2.716, 20 15,409
Measuring and controlling devices 3.825] 3.840 -0.4] +58] 4.0] 4,074] 3.844] 3454] 3.938] 43.5 21,582
Medical instruments and supplies 3.969] 3.936] 3,895] +0.8) +11] -0.2) 4374) 3:848] 3,692] 4.020] +88 . 22,027
Photographic goods... . 1.891] 1,883] 1.893] +04] 0.5] +03] 2.196] 1.9341 1.806] 2.085} -+5.3] 11,064] 10,786
All other durable goods 17806] 17.536] 17.219] +15] +18} +24) 19,089] 17.451} 16.979} 17.740] 47.6] 101.033] 99.632
Nondurable goods industries 141,741] 143,716] 143,388] 1.4] 40.2] +2.2) 148.514] 144,596 145.119] 42.3] 843.392] 818.261
With unfilled orders 36,071] 35.868] 35.952} +0.6] -0.2} +0.8] 37.095 5 37.527) -1.2| 211.368] 210.291
Food and kindred products 37,863} 38.583] 38.476] 1.9} +03] +17] 38.826] 38,760) 37273] +42 213,715
Meat products, . 8,960] 9,029) 8842) 0.8) +21 -0.9} 9148) 9,232) 8,650) +58 48.849
Dairy products 4,761 4,764 4,619] 01 +31 -1.0) 4.970] 4.850) 4,638 +72 26.976
Beverages 5.554] 5.643] 5.667] 1.6] 0.4] +25) 6.371) 6.123) 6.049} +53 31,074
All other foods, except fats and oils | 16.709] 17.280] 17376] -33] 0.6 +29] 16.458] 16.688 16.240] +13 96.028
Tobacco products : 2.752] 2.669] 2,719) $3.1] 1.8] +12) 2.848] 2.757) 2.716) +49 15,800
Textile mill products : 6.689] 6.487] 6.355] 43.1] +21] -1.0f 7.481} 6.500} 6,076) 7.302) +25 39.741
Broadwoven fabrics and
other textiles... 4,066] 3,045] 3,884] 3.11 +16] -0.6) 4.465] 4.039] 3,764] 4.381] +19] 23,698] 24,780
Paper and allied products 13,417] 13,474] 13,621 04 “Ll +05) 14,059] 13.456) 13,296] 15,537 9.5 81,629 85.661
Pulp, paper, and
paperboard mill products s419} 5.413} 5.463] 40.1} 0.9) 40.2) 5,712 5.431 6.843] 16.6) 33.144] 37,744
Paperboard containers and boxes 3,378] 3.422] 3.473 13 -15] 18) 3,496 3.473 3,941 113 21,150 22,161
Miscellaneous converted
paper products 4,620] 4.639 04} -1.0) 42.7] asst] 4.552] 4.751] +21] 27.335] 25,756
Chemicals and allied products 30,695} 31,266 18) +22] +27} 32.765] 31.896 32.166) +19] 185.864] 181,691
Industrial chemicals 15,264 40) 24 +29 +1 16.241 15.940) 16.986 4d 92.880 96345
Drugs, soaps. and toiletries 11,423 80) “14 +18) +18) 11868} 10,768} 10.721 10,874 +91 66,346 60,768
Petroleum and coal products 14.475 5,246 “S1 2.3) +73) 15.665] 16.081 15,837] 13,9744 +121 86.491 76.207
Rubber and plastics products 11,898] 11,993 0.8] +05) +18) 12.820] 12.494) 12.246) 12,799) +02 72,190 73,568
All other nondurable goods, 23,952} 23,998 -0.2| 0.3) +16) 24,050] 22.652] 23,269) 23,352) +3.0) 137.467] 131,878

7 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.