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

Seasonally adjusted Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent

change

Oct. Sept. Aug} Sept-]  Aug-] —July- Oct. Sept. Aug. Oct.} Oct.

1994” 1994" 1994} — Oct.] Sept.] Aug} 1994” 1994" 1994 1993] 94/93

All manufacturing industries... . . 387,987] 386,531] 387,012 +0.4 0.1 +0.1] 389,635] 386,321} 390,510] 381,337 42.2
Manufacturing industries

with unfilled orders... ... -. | 257,769] 256,451] 256,822] +05] 0.1] +03] 258,584] 256,491] 260,447] 251455] +28

without defense capital goods .... . 364,402 | 362,987] 363,014] +04 0.0] +02] 365,746] 362,721] 366,009] 353,563] +3.4

Durable goods industries 245,031] 243,814] 244,116] +05]  -0.1] +03] 245,782] 243,587] 246,726] 238,113] +32
With unfilled orders... . 224,136 | 222,960] 223370] +05] -02] +04] 225,154] 223,028] 226,375] 218,470] +3.1
Stone, clay, and glass products 7527] 7,500) 7,448] «= +04] «+0.7] = 0.1] 7308] +7303] 7,398] += 7365| 08
Primary metals... . 20,103] 19,870] 19813] +12] +03] -04] 20,233] 19,954] 20,022] 19,452] +4.0
Blast furnaces, steel mills . 9.697} 9580] 9548] +12) +03) 06] 9755} 9572] 9587] 9517] +425
Iron and steel foundries 1351 1,536} 1,538] +10] -0.1 oo} 1526} 1,517 13531 1382] +104
Nonferrous and other primary
metals .......... vase 3855] 3,754] 8,727] +12] +03] -03] 8,952] 886s] 8904] 8553] 44.7
Fabricated metal products 23,695| 23,637] 23,754] +02] «= -05| = -0.1] 23,437) 23,457] 23,837] 22,874] 42.5
Industrial machinery and equipment . | 49,309] 48,993] 49,341] +06) -0.7| +09] 49,910 49,082] 49,986) 46,455] +74
Engines and turbines . 3,676} 3,780] 3,703] -2.8) 421] +19] 3871] 3,867) 3,905} 3,733] +3.7

Farm and garden machinery
Construction, mining and
material handling equipment . . 6,001 5,931 5,878 +12] +409] +08 5,947 5,887 5,845 5,677 +48
Metalworking machinery 5,585 5,595 5,704 02 19 +12 5,652 5,674 5,879 5,251 +7.6
Computer and office equipment . 11,426] 11,219] 11,933} +18] -6.0 oo] 11,792] 11363] 12.431] 11189] 45.4
Electronic and other
electrical equipment
Electrical transmission an
distribution equipment and
industrial apparatus . .
Household appliances . .
Electric lighting and
wiring equipment .
Household audio and
video equipment . .
Communications equipment
Electronic components. .

2,652 2,628 2,584 +0.9 +17 +14 2,615 2,555 2,448 2,289 +142

39,078 38,447 37,823 +16 +16 +18 39,081 38,286 38,462 33,379 +171

4,603 4,544 4,502 +13 +0.9 40.9 4,619 4,557 4,598 4,290 +77
2,781 2,717 2,675 +24 +16 +3.6 2,673 2,564 2,590 2,431 +10.0

3,024] 3,003] 2,997] +0.7] 40.2] += 40.7] 3,039] 2,993] 3,044] 2,825] +7.6

1,193 1,223 1,167 2.5 +48 +3.0 1211 1,292 1,265 1,025 +181
11,804 11,536 11,222 42.3 +28 +23 11,742 11,381 11,421 8,974 +308
12,206 11,984 11,830 +19 +13 +12 12,316 12,020 12,004 10,573 +16.5

Transportation equipment .... .. . 59,364] 59,400] 60,015] -0.1 10} 0.9] 59,887] 59,539] 60,723] 63,385} +55
Motor vehicles and parts ........ 11,795} 11,830] 11,804] = -03) +02) -29] 12,014] 12,057] 12,028] 11,666] +3.0
Aircraft, missiles,

space vehicles, and parts. . 43,334] 43,523] 44,156] 04] 9-14] 0.5] 43,749] 43,522] 44,645] 47,667] -8.2
Shipbuilding and tanks . . . 1497] 1378 1406] +86] -20] +09] 1,439 1337 1440] 1,574] 8.6

Instruments and related products . 21,830| 21,927] 21979} 04] -02] +02] 21,995} 22,041] 22,314] 22,718] -3.2
Search and navigation equipment 5,468] 5,531 S710] -L1 3.1 -12] 5,555] 5,615] 5,871 6123]  -93
Measuring and controlling devices . 6597} 6607] 6502] -02) +16] +10] 6617] 6614) 6555] 6554] +10
Medical instruments and supplies. 6224) 62331 6.257] 0.1 04] 40.7] 6268] 6.224) +6320) 6,279) 0.2
Photographic goods . . . 2,673 2,686 2,674 0.5] +04) +03 2,694 2,738 2,731 2,954 -88

All other durable goods . . 24,125} 24,040] 23,943] +04] +04] +08] 23,931] 23,925} 23,984] 22,485) +64

Nondurable goods industries . . 142,956] 142,717] 142,896] 40.2] -0.1 0.2) 143,853] 142,734] 143,784] 143,224] +04
With unfilled orders... . 33,633] 33,491 33,452 +0.4 40.1 0.1 33,430] 33,463] 34,072] 32,985 413

Food and kindred Products: : 31,147] 31,045] 30,798] +03) +08)  -0.1] 32,828] 31,626] 31,005] 31,524) +41
Meat products. 3,424 3,462] 3,489] -1.1 08]  -1.7] 3,400) 3.429) 3,472] 3,175] +71
Dairy products . 2,740] 2,716] 2,675] +09] +15] 40.7] 2732] 92.722) 92,777] 2,754] 08
Beverages .. . 5,293 5,302] 5,298] 0.2] +0.1 03} 5,351 5316| 5,206] 5,371 -0.4
All other foods, except fats and oils | 18,034] 17904] 17,662] +0.7| +14] +08] 19639) 18.787] 10st} 18ssi] +59

Tobacco products : : 5,601 $713] 5,722] -20) 02] 9-24] 5,668] 5,641 5,520] 6,635] -14.6

Textile mill products . 9,700 9,633 9,639 +0.7 -0.1 04 9,470 9,468 9,728 9,085 +42
Broadwoven fabrics and

other textiles ....... $447} S411 S4ib]  +0.7 00} 02] 5354] 5,268] 5,410] 5,173] 43.5

Paper and allied products .
Pulp, paper, and
paperboard mill products... . . 5.443] 5,521] 5,606] -14] 0-15] -L.0] 5,334] 5,423] 5,577] 5,695] +63
Paperboard containers and boxes . 3377| 3,350] 3,300] +08] +15] 42.0) 3306] 3,319) 3,285] 3,106] +64
Miscellaneous converted
paper products .

13,481 13,548 13,580 0.5 0.2 +03 13,245 13,337 13,533 13,302 04

4,661 4,677 4,674 03 +08 4,605 4,595 4,671 4,501 423

Chemicals and allied products 33,910} 33,981] 34,087 02 -0.5| 33,667] 33,529] 33,957] 34,372 24
Industrial chemicals .. . . 16,123] 16,024] 16,054] +06 04] 15,978] 15,891] 15,984] 16,725 45
Drugs, soaps, and toiletries . 13,396 | 13,566 13,663 13 0.8] 13,396 13,454 13,860] 13,424 0.2

Petroleum and coal products 10,361} 10,310] 10,594 +05 -0.6| 10,676] 10,491] 10,844] 10,947 25

Rubber and plastics products
All other nondurable goods

0.0 12,568 12,435 12,492 12,002 44.7

12,754] 12,620} 12,650} #1.1
+02] 25,731] 26,207] 26,705} 25,357] +15

26,002 25,867 25,826 +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 F- - -------------- 2 - rrr rrr rrr rrr eres Shipments |} 300

280 280

260 260

240 240

220 L 1 1 L L 1 L 1. L L i L L 220
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct

Oct. 1992 - Oct. 1994

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 41
2.4 4
2.3 3.9
2.2 3.8
21b----- ec rc rr rrr rr rrr ry 3.7
2 3.6
1.9 43.5
1.8 3.4
1.7 3.3
1.6 43.2
1.5 eee 3.1
1.4 ss rr 3
1.3 2.9
1.2 L 1 i" i 1 i L 1 1 i 1 1 L 2.8

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1992 - Oct. 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
Oct. Sept. Aug. Sept.- Aug.- July- Oct. Sept. Aug. Oct. Oct.
1994" 194° 1994 | Oct. | Sept. | Aug. 1994" 194° 1994 1993 | 94/93
UNFILLED ORDERS
All manufacturing industries 450,638 | 448,843 | 447,729 | +04] +02 -0.2 | 446,729 | 445,914 | 448,024 | 444,710 +05
Market categories :
Automotive equipment... . 2,106 | 2,097 | 2103} +04] -03 | +17] 2,087] 2075] 2,21 1,803 | +15.8
Home goods and apparel 10,287 | 10,378 | 10,448 -09 07 22 | 10,025 | 10,839 | 11,336 9,709 433
Consumer staples . . : 1,538 11532 1581] 404] 31] +50 1361 1,583 1,626 1,423 49.7
Machinery and equipment . 180,757 | 180,896 | 180,871 -0.1 0.0 .2 | 180,369 | 180,169 | 180,739 | 182,899 -14
Business supplies . . . . 5,732 | 5,568 | 5660] +29] -16}] 04] 5,674] 5,651 3772 | 5,429 +45
Construction materials
and supplies ............. 15,477 | 15,165 | 15,099 | 42.1 | +04 -O.1 | 15,273 | 15,218 | 15,377 | 14,132 +81
Defense products ............. 104,934 | 105,830 | 105,650 08 | +02 -1.t | 103,784 | 104,038 | 104040 | 112,451 17
Other materials, supplies and
and intermediate products 129,807 | 127,377 | 126,317 | +19] +08 | +0.7 | 127,956 | 126,341 | 127,013 | 116,864 +95
Durable goods industries :
Nondefense capital goods * 199,466 | 199,537 | 198,989 00] +03 -0.2 | 199,402 | 198,822 | 198,887 | 199,601 -0.1
Excluding aircraft and parts 89,458 | 87,728 | 85,982 | +20] 42.0] +12 | 89,394 | 87,013 | 85,880 | 73,474 | 421.7
Defense capital goods * 111,026 | 111,780 | 111,524 0.7} +02} -0.9 | 109,976 | 110,043 | 109,990 | 118,651 -13
Durables excluding capital goods 115,484 | 113,385 | 113,106 | +19 | +02 | +03 | 113,117 | 112,422 | 114,126 | 105,500 472
Miscellaneous series :
Producers’ durable equipment 213,786 | 212,656 | 212,932 | +05] -0.1 0.0 | 213,566 | 212,314 | 213,642 | 209,291 42.0
Houschold durable goods ....... | 6090 | 6,090 | 5,941 00) 425] +04] 5992 | 6327 6,381 3,446 | +100
Information technology industries. | 36,499 | 35,631 | 3466s | +24] 428] +01 | 36902 | 35762 | 34970] 31870 | +138
Health care equipment
and products ............. 6,609 | 6539 | 6822 | +11 4.1 -18 | 6610 | 6539 | 6,823 7,930 | -16.6
TOTAL INVENTORIES
All manufacturing industries... . . 387,987 | 386,531 | 387,012 +04 0.1 +0.1 | 389,635 | 386,321 | 390,510 | 381,337 42.2
Market categories :
Automotive equipment .. . . 6195 | 6,168 | 6,163 | +04] +01 -13 | 6,197 | 6187 | 6,184 6,094 +17
Home goods and apparel 31,785 | 31,714 | 31,618 +02} +03 +12 | 31,051 | 31,613 | 32,231 | 29,787 +42
Consumer staples .. . . 58,189 | 58,327 | $8,393 02] 01 04 | 59,979 | 58979 | 58926 | 59,993 0.0
Machinery and equipment . 93,791 | 93,405 | 93,702 | +04] -03 | +08] 94393 | 93395 | 94,747 | 89,097 45.9
Business supplies 21,372 | 21,209 | 21,202 | +08 0.0 0.5 | 21,541 | 21390 | 21,595 | 21327 +10
Construction materials
and supplies 24,929 | 24,851 24,771 +03 +03 0.0 | 24,628 | 24,576 | 24,760 | 23,442 +5.1
Defense products . 22,687 | 22,669 | 23,143 | +0.1 20 | -1.8 | 22,938 | 22,710 | 23,593 | 26302 | -128
Other materials, supplies and
and intermediate products . . . 129,039 | 128,188 | 128,020 | +07] +0.1 | +01 | 128,908 | 127,471 | 128,474 | 125,295 429
Durable goods industries :
Nondefense capital goods * 88,484 | 88,009 | 88,434] +05 +0.9 | 89,211 | 88,012 | 89,698 | 83,839 +64
Excluding aircraft and parts 62,326 | 61,642 | 61,678 +11 +11 62,889 | 61,648 | 62,793 | 56,887 +10.6
Defense capital goods‘ ..... 23,585 | 23,544 | 23,998 40.2 -2.0 | 23,889 | 23,600 | 24,501 | 27,774 -14.0
Durables excluding capital goods 132,962 | 132,261 } 131,684 40.5 +0.3 | 132,682 | 131,975 | 132,527 }| 126,500 +49
Miscellaneous series :
Producers’ durable equipment .... | 150,909 | 150,225 | 150,244 | +05 +06 | 151,591 | 150,306 | 151,948 | 143,177 +59
Household durable goods . 13,982 13,981 13,991 0.0 +19 | 13,861 13,908 14,278 13,341 $3.9
Information technology industries 33,136 | 32,743 | 33,042 | +12 +10 | 33,528 | 32,799 | 33,864 | 30,696 49.2
Health care equipment
and products ............. 13,507 | 13,606 | 13,681 07] 05 -o.1 | 13,549 | 13,536 | 13,847 | 13,565 0.1

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
Oct.] Sept.] Aug. | Sept-] Aug-| July-] Oct. ] Sept} Aug.| Oct. | Oct.
1994°| 194°] 1994] Oct. | Sept.] Aug.| 1994] 1994'] 1994] 1993] 94/93] 19947} 1993
SHIPMENTS
All manufacturing industries 284,217] 286,134] 288,080] 0.7] 0.71 +4.6 295,046] 304,359] 288,395] 272,140] +8.4] 2,788,278 |2,572,873
Market categories
Automotive equipment 13,598] 14,371] 14,796] 5.4] -2.9) 422.3] 15,027] 14,602] 14,264] 14,241] +5.5] 139,049] 119,105
Home goods and apparel 19/581] 19,565] 19,281] +0.1] +15] +2.2) 22,227] 22,072| 20,643] 20,484] +85] 191,322] 176,908
Consumer staples : 59,044] $9,023] 59,964) 0.0] -1.6_ +2.1] 60,875] 63,666] 61,043) 58,792] +3.5] 584,833) 568,691
Machinery and equipment . . 50,087] 51,011] 51,092] -1.9]  -0.2} 48:1] $0,249] 54,714] 48,148] 45,245] +11.1] 486,434] 431,295
Business supplies ....... 20,978] 21,412) 21,656] -2.0) 1.1] +2.) 22,204] 22,304] 21,681] 20,856] +6.5] 208,879] 195,255
Construction materials
and supplies 18,319] 18,178] 18,375] +0.8| 1.1] +2.3] 19,371] 19,545] 19,376] 17,856] +85] 180,565] 165,885,
Defense products . : 7.269} 7,175} 7,508] +1.3 4) +26 7152) 7,746) 7,301] 7,801] = -8.3] 71,722] 75,431
Other materials, supplies an
and intermediate products . . 95,371] 95,399] 95,408] 0.0] 0.0, #3.7 97,941] 99,710] 95,939] 86,865] +12.8] 925,474] 840,303
Durable goods industries
Nondefense capital goods * . 38,210] 38,508] 37,900] -0.8| 43.3} 36,998] 42,470] 35,488] 32,527] +13.7| 363,872) 324,857
Excluding aircraft and parts ....| 33,671] 33,609] 33,141} +0.2| +33) 32,772) 37,179] 31,145] 27,839] +17.7] 317,070) 271,761
Defense capital goods* ........] 6,746] 6,683] 7,113] +09) +40] 6617| 7,193] 6,851] 7,467) 11.4] 67,102] 72,650
Durables excluding capital goods . | 107,704] 109,159] 110,606] -1.3| 1.3] +7.4] 114,451] 114,610] 110,252] 104,247] +9.8] 1,065,415] 946,604
Miscellaneous series :
Producers’ durable equipment 97,204] 99,532] 100,595] 2.3] -1.1]_ +8.5} 100,643] 105,868] 96,331] 92,639] +8.6] 961,095] 852,697
Household durable goods . 8278 8.294] 8,254] -0.2) +051 +29] 9,260] 9,481] 8,459] 8.446] +9.6] 80,520] 73,912
Information technology industries 18,505] 18,469] 17,965] +0.2| +2.8) +3.5] 17,644] 21,508] 16,742) 14,979] +178] 172,129] 147,457
Health care equipment
and products ...... 8,602} 8,577} 8,667] +03] -1.0) +22] 8,510) 9,564] 8,614] 8,305] +2.5] 84,703] 81,699
NEW ORDERS
All manufacturing industries... . . 286,012} 287,248] 287,222] -0.4| 0.0] +4.7] 295,861] 302,249] 285,567] 268,794] +10.1}2,796,649 |2,545,397
Market categorie:
Automotive equipment ......... 13,607} 14,364) 14,831] 5.3] -3.1) +22.6 15,040] 14,555] 14,310} 14,321} +5.0] 139,234] 119,322
Home goods and apparel 19,490] 19,494) 19,042) 0.0] +24] 40.7] 21,414] 21,575] 20,467] 19,525] +9.7) 192,685] 178,026
Consumer staples... ... 59,050] 58,973] 60,040] +0.1] -1.8]  +2.2] 60,853] 63,622) 61,150] 58,733|  +3.6] 584,916] 568,675
Machinery and equipment . . 49,917] 51,036] 50,664] 22] +0.7| +7.7} 50,449] 54,144] 47,566] 44,707] +12.8] 486,579) 416,688
Business supplies .. . . 21,142) 21/320] 21,631] 0.8] -1.4) +19] 22,227] 22,183] 21,720) 20,745] +7.1} 209,186] 194,996
Construction materials
and supplies ..........2..05 18,6311 18,244] 18,355] 42.1] -0.6 +1. 19,426| 19,385] 19,326] 17,458] +113] 181,962] 165,691
Defense products ......... 6374] 7,354) 6,336] -13.3] +16.) +3.7| 6,898] 7,744] 4,829 6,569] +5.0] 64,596] 64,546
Other materials, supplies and
and intermediate products . . 97,801] 96,463] 96,323] +14] +0.1]  +4.6 99,554] 99,041] 96,199] 86,736] +14.8] 937,491] 837,453
Durable goods industries :
Nondefense capital goods? . . 38,139] 39,056] 37,595] -2.3| +39) +3.5) 37,578] 42,405] 35,366] 31,653] +18.7] 365,937] 307,274
Excluding aircraft and parts. 35,401] 35,355] 34,158] +0.1] +3.5| +2.1] 35,153] 38,312) 32,345] 29,147) +20.6) 330,806] 274,975
Defense capital goods‘ ........| 5992 6,939] 6,147] -13.6| +12.9| +108] 6,550] 7,246] 4,564] 6,091] +75] 59,940] 61,521
Durables excluding capital goods . | 109,803) 109,438] 110,933] +03] -1.3] +7.3] 115,146] 112,906] 109,662] 104,551} +101] 1,075,380] 948,943
Miscellaneous series :
Producers’ durable equipment 98,334] 99,256] 100,590] 0.9] -1.3|_ +8.1] 101,895] 104,540] 96,578] 92,741] +9.9) 968,518] 843,614
Houschold durable goods .......| 8 278| 8,443] 8,275] -2.0| +2.0] +29} 8,925| 9,427] 8,516) 8,146] +9.6| 81,677] 74,932
Information technology industries 19,373] 19.435] 17,998] -0.3] +8.) -0.5] 18,784] 22,300] 16,798] 15,379] +22.1] 176,945] 148,211
Health care equipment
and products : 8,672] 8,294] 8,541) +46] -29) +02] 8,580] 9,281) 8,488) 8,502] +0.9] 83,826] 81,177

” 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;
handling equipment; metalworking machinery; special industry machinery;
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; comm

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.

general industrial machinery; computer and office equipment; refrigeration, hea :
wunications equipment; aircraft, missiles, space vehicles, and engines

intemal combustion engines; construction, mining, and material
heating and service


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 Oct. Sept. Aug. July Oct. Sept. Aug. July
1994? 1994" 1994 1994 1994? 1994" 1994 1994
All manufacturing industries... . . 137 135 134 1.40 2.93 2.90 2.89 2.99
Durable goods industries - 1.61 158 1.57 1.66 351 3.48 3.47 3.60
Stone, clay, and glass products . 112 1.12 1.10 Lu 1.19 117 115 1.16
Primary metals -........ 1.49 148 1.48 155 2.08 2.01 1.94 2.00
Fabricated metal products : 1,56 1.54 152 157 145 1.45 144 149
Industrial machinery and equipment . 1.72 172 1.74 179 2.46 242 239 2.42
Electronic and other
electrical equipment . 1.67 1.65 1.64 1.63 1.94 1.95 1.96 2.02
Transportation equipment . 1.59 150 1.48 175 117 10.81 10.62 11.53
Instruments and related pro 198 197 1.95 202 4.40 431 432 451
Nondurable goods industries . . . . 1.09 1.08 1.08 Lil 0.76 0.74 0.73 0.75
Food and kindred products . 0.87 0.87 0.86 0.88 {e.9) (X) () (x)
Tobacco products ..... 1.99 226 2.07 211 (X) (xX) (xX) (Xx)
Textile mill products . - 1.55 1.53 154 1.56 (NA) (NA) (NA) (NA)
Paper and allied products . . . . 12 14 1.16 119 (NA) (NA) (NA) (NA)
Chemicals and allied products 1.16 11S 117 122 &) (x) (&) fen)
Petroleum and coal products 0.88 0.86 0.83 0.86 &) &) (x) fe)
Rubber and plastics products. 132 131 131 136 &) (x) &) &

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

' Excludes the following industries with no unfilled orders : Wood and lumber products; glass containers; metal cans, barrels and drums; farm and garden machinery;
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related products; 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
Oct. Oct. Oct. Oct.
Oct? | 1993- Oct? | 1993- Oct? | 1993- Oct? | 1993-
Oct! | 1989-] Sept. | Oct. | 1989-] Sept. } Oct! | 1989-] Sept. ] Oct! | 1989- | Sept.
1994] 1993} 1994} 1994] 1993] 1994] 1994] 1993] 1994] 1994] 1993 | _ 1994
All manufacturing industries... ... « 01 02 (%) 01 02 eo) 0.0 Ol 0) 0.0 0.0
Durable goods industries. . 01 0.2 0.2 0.5 Ou 0.2 02 0.1 0.1 (X%) 0.0 01
Stone, clay, and glass produc! &) 07 07 a) 16 14 ) 08 0.7 & 03 02
Primary metals 0.0 03 04 07 05 07 0.5 ol 04 () 01 02
Fabricated metal produ () 02 05 () 06 06 (%) 03 03 (Xx) 0.1 03
Industrial machinery and equip 0.0 0.5 0.5 0.7 06 08 04 0.1 02 ) O1 0.1

Electronic and other

clectrical equipment . . . 0.1 02 02 0.0 04 0s Ol 0.1 02 (ea) 0.1 0.1
‘Transportation equipment . . 03 03 0.6 0.6 04 09 0.1 0.0 Ol (xX) 0.1 02
Instruments and related product ® 02 04 ) 07 2.0 (0) On 04 &) 03 03
Nondurable goods industries . (X) 0.1 02 (xX) 0.1 02 (e4) 03 04 (xX) 0.1 01
Food and kindred products . (x) 02 02 (X) ) &) (x) (X) (Xx) (X) 02 0.1
Tobacco products &) 03 02 &) & & & &) () &) 0.0 0.0
Textile mill products. ° |: (x) 04 04 &) | way] aay &] aA] NA) &) 02 02
Paper and allied products . . ® 02 02 (x) | @NA)| (NAD &] Nay] NA) &® 02 Oo.
Chemicals and allied products &) 02 02 (Xx) (x) (x) (x) (x) (X) (X) 0.1 0.1
Petroleum and coal products (x) 04 04 &) & &) (&) &) &) &) 02 03
Rubber and plastics products - &) 04 02 &) &) &) &) &) &) &) 01 ol

Capital goods industries :
Nondefense 0.1 04 0.5 0.6 03 0.5 0.2 0.0 0.1 (X) 0.1 0.1
Defense . . . 0.5 03 05 33 13 34 03 O. 03 ) 0.1 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 ofthe 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.
2 Average for this month for the last five years.
See note at end of table 2 relating to survey variability.


CURRENT INDUSTRIAL REPORTS

oes
Le y;

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

Manufacturers’ Shipments,
Inventories, and Orders

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

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

Summary

New orders for manufactured go in October decreased
$1.2 billion or 0.4 percent to $286.0 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a
slight increase in September and is the first decrease since July.
Excluding transportation equipment, new orders in October
increased 0.9 percent. Year to date, new orders are 9.8 percent
above the same period a year ago.

Shipments decreased $1.9 billion or 0.7 percent to $284.2
billion, following a 0.7 percent decrease in September. This is the
third decrease in the last four months and the fifth this year.
Excluding transportation equipment, shipments increased 0.1
percent. Year-to-date shipments are 8.3 percent above the same
period a year ago.

Unfilled orders increased $1.8 billion or 0.4 percent to
$450.6 billion, following a 0.2 percent increase in September. The
unfilled orders-to-shipments ratio increased to 2.93 from 2.90 in
September.

Inventories increased $1.5 billion or 0.4 percent to $388.0
billion, following a 0.1 percent decrease in September. This is the
sixth increase in the last seven months. The inventories-to-
shipments ratio increased to 1.37 from 1.35 in September.

New Orders

New orders for manufactured durable goods in October
decreased $1.5 billion or 1.0 percent to $153.9 billion, following
a 0.5 percent increase in September. The October percent change
is revised from the previously published 1.5 percent decrease. This
is the first decline since July and the third this year.

Transportation equipment had the largest decrease, $3.4
billion or 8.8 percent to $5.5 billion, with declines in nearly all
industries. This follows increases in September of 0.2 percent and
August of 20.1 percent. Instruments and related products,
following three consecutive declines, had the largest increase, $1.0
billion or 9.5 percent to $11.5 billion; all industries increased.
Industrial machinery and equipment increased $0.4 billion or 1.5

cent to $30.3 Billion, Tollowing a 0.1 percent decrease in
eptember. Electronic and other electrical equipment increased
$0.1 billion or 0.5 percent to $23.5 billion, the third consecutive
increase and the seventh this year; a large decline in communication
equipment was more than offset by increases in the other industries.

New orders for nondurable goods were $132.1 billion, up
$0.3 billion or 0.2 percent from September. Except for a'0.6
percent decline in September, new orders have increased each
month since October 1993. Increases in orders for tobacco, textile
mill products, and paper and allied products were only partially
offset by declines in printing and publishing, and petroleum and
coal products.

Shipments
Shipments of durable goods in October decreased $1.7 billion

or 1.1 percent to $152.7 billion, revised from the previously
published 1.2 percent decline. This follows a 0.8 percent decline

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

in September and is the fifth this year. Transportation equipment
had the largest decrease, $2.1 billion or 5.4 percent to $37.4
billion. This follows a 2.8 percent decrease in September and is the
sixth this year. Instruments and related products declined $0.1
billion or 1.2 percent to $11.0 billion, following a 0.9 percent
decline in September. The largest increase was in industrial
machinery and equipment, $0.3 billion or 1.0 percent to $28.7
billion, the sixth consecutive increase. Electronic and other
electrical equipment increased $0.1 billion or 0.6 percent to $23.5
billion, the twelfth consecutive increase.

Shipments of nondurable goods decreased $0.2 billion or 0.2
percent to $131.6 billion. This follows a 0.5 percent September
decline and ten consecutive increases. The largest declines were in
printing and publishing and petroleum and coal products; the largest
increases were in tobacco products, and paper and allied products.

Unfilled Orders

Unfilled orders for durable goods in October increased $1.3
billion or 0.3 percent to $426.0 billion, revised from the previously
ublished 0.1 percent increase. This follows an increase in
tember of 0.3 percent and is the sixth increase this year.
Industrial machinery and equipment, up for the sixteenth
consecutive month, increased $1.5 billion or 2.4 percent to $66.0
billion. Primary metals increased $1.1 billion or 3.9 percent to
$28.0 billion, the eleventh consecutive monthly increase.
Instruments and related products were up $0.5 billion or 1.1 percent
illion, following a 1.3 percent decline in September.
Transportation equipment, down twenty-nine of the last thirty
months, had the largest decrease, $1.9 billion or 0.9 percent to
$201.9 billion, due to aircraft and parts.

Inventories

Inventories for durable goods in October increased $1.2
billion or 0.5 percent to $245.0 billion. Except for the 0.1 percent
decrease in September, inventories have increased site March of
this year. Electronic and other electrical equipment had the largest
increase, $0.6 billion or 1.6 percent to $39.1 billion. This is the
tenth consecutive increase and the twenty-second in the last twenty-
four months. Industrial machinery and equipment increased $0.3
billion or 0.6 percent to $49.3 billion. This follows a 0.7 percent
decline in September, the first decline since March 1993. Primary
metals increased $0.2 billion or 1.2 percent to $20.1 billion.

Nondurable goods inventories increased $0.2 billion or 0.2
percent to $143.0 billion, following a 0.1 percent September
decline. The largest increases were in rubber and plastic products,

inting and publishing, and food and kindred products; the largest
decline was in tobacco products.

By stage of fabrication, finished goods increased 1.2 percent
in durables and 0.3 percent in nondurables. Work in process
decreased 0.2 percent in durables and increased 0.3 percent in
nondurables. Materials and supplies increased 0.9 percent in
durables and declined 0.1 percent in nondurables.

‘The advance report on durable goods for November is scheduled for December 23, 1994 at 8:30 a.m, and the full report on January 5, 1995 at 10:00 a.m. For sale by the Superintendent of Documents, U.S.

Government Printing Office, Washington, DC 20402.

‘This report is also available the day of issue through the Department of Commerce's online Economic Bulletin Board (N-8-1) (202-482-3870) and through

the Census Bureau's online information service--CENDATA. CENDATA is available from Dialog Information Services, Inc. (1-800-334-2564) and CompuServe (1-800-848-8199). The CENDATA staff at

the Bureau of the Census (301-763-2074) 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

i i 1 1 L L 1 L i 1 1 1 1
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1992 - Oct. 1994

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
1 "

New Orders

10

5 i 1 4. a 1 1 1 at m 1 ae 1 1 5
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1992 - Oct. 1994

Note: All Charts based on seasonally
adjusted current dollars.



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

BY INDUSTRY GROUP
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Oct. Sept. Aug. | Sept- | Aug- | July- Oct. Sept. Aug. Oct. | Oct.
1994” 194° 1994 | Oct. | Sept. | Aug. 1994" 1994" 1994 1993 | 94/93
MATERIALS AND SUPPLIES
All manufacturing industries 125,867 | 125,284 | 124,331 | +0.5 | +08 | +04 | 126,539 | 125,265 | 124,930 | 120,945
Durable goods industries. . 73,342 | 72,713 | 72,238 | +09] +07] +0.7 | 73,955 | 73,172 | 73,107 | 68,799
Stone, clay, and glass products - 2612 | 2616 | 2,553 02] +25] +04] 2,601 2608 | 2,565 | 2,503
Primary metals - . 6258 | 6.170 | 6081 | +14] +15] +08] 6402 | 6269] 6167 | 6,024
Fabricated metal products 8,261 3186 | 8036] +09] +19] -03 8217 | 8.243 | 8,076 | 7,583
Industrial machinery and equipment 16.284 | 16.243 | 16390] +03] -09 | +30] 16.467 | 16,287 | 16,657 | 14,423
Electronic and other
electrical equipment . . 12,731 | 12,379 | 12,214 | 428] +14] +13 | 12,754 | 12,369 | 12,392 | 10,634
Transportation equipment . 10,874 | 10,899 | 10,816 02] +08] -19 } 10901 | 10,975 | 10,962 | 11,575
Instruments and related products - 745 | 6,693 | 6,720] +08] -04] +03 | 6,723 | 6,703 -798 | 6,682
Lumber, furniture and
miscellaneous durable goods . . . 9577} 9,527] 9,428 | +05] +11] +403 | 9,890] 9,718 | 9,490 | 9,375
Nondurable goods industries $2,525 | $2,571 | 52,093 O01} +09 | +01 | $2,584 | 52,093 | 51,823 | 52,146 +08
Food and kindred products . 10,303 | 10,225 | 10,000 | +08] +23] +08} 10525 | 9,855 | 9,699 | 10,170 43.5
Tobacco products . 4728 | 4813 | 4,894 8] -17 -18 622 | 4,700 | 4,705 246 | -11.9
Textile mill products. - 2827 | 2802 | 2790] +09] +04] +04 | 2,737] 2,748) 2814 | 2,569 +65
Paper and allied products . : 6810 | 6813 | 6,765 00] +07] +12] 6820] 6816 | 6,734 | 6,743 +11
Chemicals and allied products °- 11.279 | 11301 | 11,238 02] +06} -03 | 11290 | 11,233 | 11,270 | 11,245 +04
Petroleum and coal products 009 047 | 3,021 -A2| +09] -L1 31059 051 3,075 33083 -0.8
Rubber and plastics products 4716 | 4,673 | 4,673. | +09 0.0 00} 4714] 4697} 4618 | 4,384 475
Apparel, printing and publishing
and leather goods .........+.. 8,853 8,897 | 8,712 05] +21] +04] 8817] 8,993 8,908 | 8,706 413
WORK IN PROCESS
All manufacturing industries... . 129,253 | 129,363 | 129,959 0.1 -0.5 .4 | 131,073 | 130,264 | 131,586 | 131,952 07
Durable goods industries ......... 105,280 | 105,458 | 106,207 02] 0.7 3 | 106,497 | 106,147 | 107,740 | 108,010 “14
Stone, clay, and glass products - 1038 3004 17034] +34 | 29 I 994 991 1,048 030 “35
Primary metals ~. 7380 | 7359 | 7,430] +03) -10 ‘6 | 7,425) 7,432 | 7558} 7,491 09
Fabricated metal products... : 7527 7,551 7,683 03] -17 3 | 7,561 7566 | 7,782 | 7,785 29
Industrial machinery and equipment 18,592 | 18,851 | 19,040 14] -1.0 ‘1 ] 19,267 | 19,373 | 19,331 | 19,386 -0.6
Electronic and other
electrical equipment . . . 15,885 | 15,727 | 15,413 | +10] +20 7 | 15,962 | 15,698 | 15,684 ] 14,045 | +13.6
Transportation equipment . 40,566 | 40580 | 41,286 oo) -17 7 | 40,908 | 40,580 | 41,718 | 43,787 “6.6
Instruments and related product SUIS | 9,19 9,208 09] 01 7 | 9268} 9,306 | 9,443 | 9,851 59
Lumber, furniture and
miscellaneous durable goods . . . . - $177 | 5,187 | 5,113 02] +14] +15 5,112 | 5,201 5,176 | 4,635 | +103
Nondurable goods industries 23,973 | 23,905 | 23,752 | +03 | +06] -0.6 | 24576 | 24,117 | 23,846 | 23,942 426
Food and kindred products 220 | 4,212 | 4060 | +02] +37 -16 | 4,674 3236 | 3,747 | 4,380 +6.7
Tobacco products... . . 186 192 181 31] +61] +46 266 223 144 239 | +113
Textile mill products... .. . 2,554 | 2,550] 2,563 | +02] -05 -17 | 2,542 | 2,565 | 2,579 | 2,521 +08
Paper and allied products . . - 1,212 1,198 nis7 | +12] +01] +01 1,166 1181 1223 1,142 42.1
Chemicals and allied products 5;435 5,499 499 -12 0.0 041 3456] 5,493 | 51548 | 5,795 58
Petroleum and coal products 2274 | 27225 | 2322 | +22) 42 00) 2359] 2270} 2408 | 2,493 54
Rubber and plastics products. . . 1,863 1,864 1,854 01} +05 00 1,909 1/855 1,854 1,793 +65
‘Apparel, printing and publishing
and leather goods ...........-+ 6229 | 6165 | 6,076 | +10] +15 02 | 6,204 | 6,294 | 6,343 5,579 | +112
FINISHED GOODS
All manufacturing industries 132,867 | 131,884 | 132,722] +0.7] -06 | +02 | 132,023 | 130,792 | 133,994 | 128,440 42.8
Durable goods industries ...... 66,409 | 65,643 | 65,671 | +1.2 0.0 | +08] 65,330 | 64,268 | 65,879 | 61,304 +66
Stone, clay, and glass products: . 3,877 | 3,880 | 3,861 1] +05 03 | 3.713 | 3,704 | 3,785 37832 3.1
Primary metals... .. 6,465 6,341 6302 | +20] +06] -0.1 6406 | 6,253 | 6,297 5.937 479
Fabricated metal products 7,907 | 7,900 | 8,035 | +0.1 17) +05 | 7,659 | 7,648 | 7,979 | 7,506 +2.0
Industrial machinery and equipment 14433 | 13,899 | 13.911 | +38]  -O.1 04 | 14176 | 13,422 | 13,998 | 12,646 | +12.1
Electronic and other
electrical equipment . . 10,462 | 10,341 | 10,196 | +12] +14] +42] 10365 | 10,219 | 10,386 8,700 | +19.
Transportation equipment . . . 7,924 7921 7,913 00] +01 02 | 8078 | 7,984 8,043 8,023 +07
Instruments and related products - 31970 | 6,035 6,051 -l1] 03 | +15 | 6004 } 6,032 | 6,073 | 6,185 29
Lumber, furniture and
miscellaneous durable goods . . . . 9371 9326} 9,402] +05] -08 | +10} 8929 | 9,006 | 9,318 8,475 45.4
Nondurable goods industries . . . 66,458 | 66,241 | 67,051] +03] -12 | -04 | 66,693 | 66,524 | 68,115 | 67,136 0.7
Food and kindred products 16,624 | 16,608 | 16,738 | +0.1 08 0.3 | 17,629 | 17,535 | 17,559 | 16,974 439
Tobacco products. . . 68 708 647 30] +94 -8.0 78 718 671 1150 | -32.2
Textile mill products . . 4319 | 4,281 4286 | +09] -0.1 02 | 4,191 4155 | 4,335 3/995 +49
Paper and allied products 5459 | 5537 | 5,618 4] -14 07 | 5,259 53340 | 5,576 5,417 29
Chemicals and allied products 17,196 | 17,181 | 17,350] +0.1 “10 | 0.7 | 16921 | 16,803 | 17,139 | 17,332 24
Petroleum and coal products 5,078 | 5,038 5251] +08} 41 05 | 5,258 5,170 | 5,361 $371 2.1
Rubber and plastics products 6175 | 6,083 | 6123 | +15] 07] +01 5,945 5/883 6,020 | 5,825 42.1
Apparel, printing and publishing
and leather goods ..........- 10,920 | 10,805 | 11,038 | +11 21 | +03] 10,710 | 10,920 | 11,454 | 11,072 33

° Preliminary. ‘ Revised.

Sce 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
Oct. Sept. Aug.} Sept-]  Aug-} —July- Oct. Sept. ‘Aug. Oct.| Oct.
1994" 194° 1994] Oct. Sept.} Aug. 19947] 194 1994 1993] 94/93
All manufacturing industries 450,638 | 448,843] 447,729] +04] +02] -0.2] 446,729] 445,914] 448,024] 444,710] +05
Manufacturing industries
without defense capital goods 339,612] 337,063] 336,205] +08] +03 0.0| 336,753] 335,871] 338,034] 326,059] +33
Durable goods industries 425,976] 424,702] 423,619] +03] +03]  -0.2] 422,495] 421,287] 423,003] 423,752]  -03
Stone, clay, and glass products . 7,432] 7,325] 7,322] +15 oo] 02} 7397] 7,549] 7,763] 7,229) 423
Primary metals ........ . 28,006] 26,948] 25,943] +39] +39] +13] 26272] 25910] 25817] 21116] +244
Blast furnaces, steel mills . . 11,435] 11,253} 10,970] +16] +26] +406] += 10,657] 10,860] + 10,892] 9,733] 49.5
Iron and steel foundries ........ 3,507 3,491 3,460 +0.5 +09 3 3,479 3,432 3,479 3,049) +141
Nonferrous and other primary
metals... 2.2.0... + 13,064] 12,204] 11,513] +7.0] 46.0] 43.4] 12,136] 11,618] 11,446] 8,334] +456
Fabricated metal products ........ 20,437] 20,557} 20,832] -06} + ©-13] 40.2] 20292] 20630] + 20962] 20,605} -1.5
Industrial machinery and equipment . | 66,008] 64,467] 63,073] +24] +22) +24] 66,058] 63,853] 62,900] 51,323] +28.7
Engines and turbines : 10,793} 10,606} 10,633] +1.8) 9-03] +58] 11191] 10,747] 10,753] 10,407] —-++7.5
Construction, mining and
material handling equipment .. . . 6,968] 6,830] 6,634] +20) +30] +03) 6877] 6658] 6494] 5,699] +20.7
Metalworking machinery : 9,406 9,492 9,358 09 +14 +18 9,406 9,492 9,358 6,828| +378
Computer and office equipment... | 11,368] 10,666] 10,080] +66] +58] +39] 11,777] 10,794] 10,371 7,013] +679
Electronic and other
electrical equipment ....... 45,516] 45,471] 45,409] +0.1]—+0.1 15] 45,252] 44,950] 45,465] 45,772] 1.1
Electrical transmission and
distribution equipment and
industrial apparatus .......... 5,999 5,857 5,953 424 -16 12 5,990 5,841 5,972 5,854 423
Electric lighting and
wiring equipment . ..... 3,657] 3,562} 3,508] 42.7) 415] 01 3,657| 3,562] 3,508] 3,159] +15.8
Communications equipment 14,162] 14,530] 14,014] 25] 43.7] 2.8] 14,220] 14,514] 13,988] 15,104] 5.9
Electronic components ... . 16,023} 15,853] 16,224] +1.1 23] -1.7] 15,606] 15,347] 16,223] 16,268] 4.1
Transportation equipment 201,890] 203,781] 204,379] 09]  -03}  -09] 200,643] 202,217] 203,346] 217,609]  -7.8
Aircraft, missiles,
space vehicles, and parts. 172,610] 174,580] 175,797] -t 0.7] 0.8] 171,530} 173,113] 174,706] 188,263 89
Shipbuilding and tanks . : 16,346] 16,659] 16,176 -19} 43.0 3.1] 16,362] 16,671} 16,204] 20,713] -21.0
Instruments and related products . . . 48,547] 48,034] 48,654] +1.1 13] 0.8] 48529] 47,816] 48,259] 52,395 14
Search and navigation equipment . | 31,849} 31,825] 31,960] +01 04] 05} 31,821} 31571] 31,543} 34,972] -9.0
Measuring and controlling devices . 9,252 8,920 9,138 43.7 24 -1.0 9,252 8,920 9,138 8,719 46.1
Medical instruments and supplies 6578 6507] 6,791] +11 42) -18] 6578] 6,507] 6,791] 7,900] -16.7
All other durable goods ........ 8140} 8119} 8,007] +03] +14] +14] = 8,052] 8,362] 8,491] 7,703] 44.5
Nondurable goods industries . 24,662| 24,141] 24110] +22] 40.1] 40.4] 24,234] 24,627] 25,021] 20,958] +15.6

° 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

Oct. | Sept. Aug. | Sept- | Aug-| July-] Oct] Sept.] Aug.| Oct.| Oct.
194°} 1994" 1994] Oct. ] Sept.] Aug.) 19947] 19941 1994] 1993] 94/93 | 1994" | 1993

All manufacturing industries... . . | 286,012] 287,248] 287,222] -0.4} 0.0 +4.7] 295,861] 302,249] 285,567] 268,794] +10.1| 2,796,649 [2,545,397
Manufacturing industries

with unfilled orders ............ 155,386] 155,699] 154,155] 0.2] +1.0/  +3.6| 159,538] 164,250] 150,652] 141,533] _+12.7]1,504,100 |1,338,325
without defense capital goods . . . . . | 280,020} 280,309] 281,075] -0.1]  -0.3] _ +4.6| 289,311] 295,003] 281,003] 262,703] +10.1|2.736.709 [2,483,876

Durable goods industries . . .

153,934] 155,433] 154,675 1.0} +0.5)  +6.5] 159,274} 162,557] 149,592] 142,295}  +11.9] 1,501,257 ]1,317,738
With unfilled orders

122,538} 122,985) 121,217] -0.4) +15] +3.8) 125,543] 129,904] 116,786] 111,118]  +13.0] 1,185,076 ]1,043,814

Stone, clay, and glass products .....] 6,801] 6,702] 6,783] +15] -12} -0.1] 7,189] 7252 7327] 6376] +12.8| ” 67,808] ° 59.720
Primary metals... .. wss-+-+-] 14,544] 14398) 13,696} +10] 45:11 +5.21 14,390] 14,028] 13,059} 11.589] 424.2) 133/313] 115,986
Blast furnaces, steel mills ---] 6,126] 6,221] 6032] -1.5} +3.) +72) s'901] 6,037] 5,830] 53355] +102) 58°513] sal164
Iron and steel foundries ........ 1,220] 1,277] 1,140] 4.5] +12.) -69 1,380] 1,265} 1,116 1,325] +421 12,506] 10.719
Nonferrous and other primary
metals... . : 7,198} 6,900) 6,524] +4.3| 45.81 +5.81 7,109] 6,726] 6,113 4,909] +44.8] 62,2941 51,103

Fabricated metal products sees] IS,IILP 15,052] 15,722] +0.4) 43] +2.8) 15,810] 15,849] 15,974] 14,731 +73} 152,410] 139,699
Industrial machinery and equipment .} 30,287| 29,842] 29,883] +151 0.1] +4.9 30,404] 31,656] 27,875] 24,428] +24.5] 283,398] 234,925
Engines and turbines ..........] 2,065] 1,906 2,533] +8.3] -24.8] +49.4/ 2,158] 2,196 2,605] 1.466] +47.2| 18,652] 15,025
Construction, mining and
material handling equipment

2,993) 3,010] 2,865] -0.6] +51] +4.6/ 3,168] 3,007] 2,723] 2,759] +14.8] 28,520] 24,873
Metalworking machinery

3,112 3,337] 3,264) -6.7)  +2.2} +7.2| 3,272] 3,663, 3,061 2,499) +30.9 30,648} 24,626

Computer and office equipment ...] 8,522] 8,289] 7,748] 42.8] +7.0 -0.1] 8,060] 9,915] 6,963] 5.80] +371] 75,442] 60,498
Electronic and other
electrical equipment ........... 23,515] 23,403] 22,437] +0.5| +43) +1.1] 24,181] 25,176] 22,100] 22,101] +9.4| 223,271] 193,340

Electrical transmission and
distribution equipment and
industrial apparatus
Electric lighting and
wiring equipment tees pees 1,977 1,931 1,875} +24) +3. +03) 1,996] 2,063 1,838 1,727) +15.6 18,202} 16,697
Communications equipment 5,004) 5,832] 4,706] -14.2] +23.9]  -3.3} 4,826] 6,554] 4,429] 4,369] +10.5 47,363] 39,021
Electronic components . -] 8,540) 8,042) 8,053) +6.2) -0.1] +2.8) 8,629] 8,100) 7,922) 7,785] +108] 79.978] 67,195
Transportation equipment .........] 35,469] 38,887] 38,798] | -8.8] | +0.2) +20.1] 38,238] 39,264] 35.970] 36,568] +4.6| 371.472] 322359
Aircraft, missiles,
space vehicles, and parts.
Shipbuilding and tanks . .
Instruments and related products . .

2,749} 2,517) 2,582) +9.2 2.5] -1.2) 2,690} 2,767] 2,534 2,406) +118 26,346] 24,227

6,158) 7,145] 7,167) -13.8)
535 1,423] 419) -62.4
11,534] 10,531] 10,862) +9.5

6,260] 7,355) 5,618) 5,916) +5.8 70,318] 63,975
537] 1,449] 406} 689) -22.1 6,810 9,158
11,640} 11,779) 10,244] 10,632} +9.5) 105,850} 102,547

Search and navigation equipment .| 2,481] 2,400] 2,385] +3.4 2,573) 2,842] 1,958] 2,251] +14.3] 21,904] 23,984
Measuring and controlling devices ./ 3,533] 3,087] 3,223] +14.4 3,520] 3,369) 3,173] 3,064] +14.9] 32,251] 28,442
Medical instruments and supplies .} 3,077] 2,700] 2,923} +14.0 3,002} 2,930) 2,855{ 3,092] -2.9] 28,757] 28,527
All other durable goods... . . ---| 16,673] 16,618] 16,494) +03 17,422] 17,553] 17,043] 15,870] +9.8] 163,735] 149,162

Nondurable goods industries ... . . 132,078} 131,815] 132,547] +0.2 0.6 +2.7] 136,587] 139,692] 135,975] 126,499] +8.0] 1,295,392 |1,227,659
With unfilled orders .... 32,848] 32,714) 32,938) +0.4] 0.7] +2.9 33,995] 34,346] 33,866] 30,415) +11.8] 319,024] 294,511

’ 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

(Millions of dollars)

FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted!

‘Monthly Percent Change Monthly Percent] Year to date
Industry change
Oct. | Sept.} Aug. | Sept-| Aug-| July-| Oct. | Sept} Aug.] Oct. | Oct.
19947} 19947] 1994] Oct. | Sept.] Aug.) 19947] 1994] 1994] 1993] 94/93 | 1994" | 1993
All manufacturing industries . . 284,217] 286,134] 288,080] -0.7] -0.7]_ +4.6 295,046] 304,359] 288,395] 272,140] +84) 2,788,278 [2,572,873
Manufacturing Industries
with unfilled orders... . - . | 153,591] 154,585] 155,013] -0.6| -0.3| +3.4 158,723] 166,360] 153,480] 144,879] +9.6] 1,495,729 1,365,801
without defense capital goods . . . | 277,471] 279,451] 280,967] -0.7] -0.5| +4.6| 288,429] 297,166] 281,544] 264,673 +9.0] 2,721,176 [2,500,223
Durable goods industries 152,660] 154,350] 155,619] 1.1] -0.8| +62) 158,066) 164,273] 152,591] 144,241] +9.6] 1,496,389 1,344,111
With unfilled orders : 121,264] 121,902] 122,161] 0.5] -0.2|_ +3.6 124,335] 131,620] 119,785] 113,064] — +10.0] 1,180,208 1,070,187
Stone, clay, and glass products 6,694] 6,699] 6,796] -0.1)  -1.4)  +0.7] 7,341] 7,466] 7,310] 6,687] -+9.8] 67,230] 58,883
Primary metals. . : 13,486] 13,393] 13,358] +0.7] +0.3] +4.3] 14,028] 13,935] 13,535] 11,861] +183] 128,589] 115,546
Blast furnaces, steel mills 5,944] 5,938] 5,963) +0.1] -0.4] +4.5] 6,104] 6,069] 6,029) 5,499] +11.0) 57,568] 52,853
Iron and steel foundries : 1,204] 1,246 1,249) -3.4] -0.2] 45.6 1,333] 1,312] 1,271] 1,218] +9.4] 12,070] 10,500
Nonferrous and other primary
metals ....... 6,338] 6,209] 6,146] +2.1] +1.) 43.9] 6,591] 6,554] 6,235] 5,144] +28.1] 58,951] 52,193
Fabricated metal products... 15,231] 15,327] 15,674] -0.6]-2.2} +3.5} 16,148] 16,181] 15,806] 15,312] +5.5] 152,164] 141,855
Industrial machinery and equipment . | 28,746] 28,448| 28,407) +1.0| +0.1| +42} 28,199] 30,703] 26,270] 23,723] +18.9| 270,318] 233,721
Engines and turbines ......... 1,878} 1,933] 1,950] -2.8] -0.9] +187) 1,714] 2,202] 1,728] 1,398] +22.6] 17,600] 14,674
Farm and garden machinery . 1876 1,834] 1,986] +23) -7.7] +109) 1,812) 1,589] 1,504] 1,427] +27.0] 18,305] 15,098
Construction, mining and
material handling equipment 2,855] 2,814) 2,846] +15] -1.1] +29) 2,949] 2,843) 2,737] 2,628) +122] 27,434) 24,773
Metalworking machinery .... 3,198] 3,203] 3,098] -0.2| 43.4) +40] 3,358] 3,529) 2,895] 2,694) +24.6| 28,577] 25,131
Computer and office equipment . 7/820 7,703] 7,367 +1.5| +4.6 +26 7,077] 9,492] 6,548] 5,793] +22.2) 70,916} 60,606
Electronic and other
electrical equipment ....... 23,470| 23,341] 23,133] +06] +0.) +1.5| 23,879] 25,691] 22,891} 20,346] +17.4) 222,457) 189,655
Electrical transmission and
distribution equipment and
industrial apparatus . 2,607] 2,613] 2,653} 0.2] -1.5] +03] 2,541] 2,898) 2,601] 2,392) $6.2] 26,126] 23,925
Household appliances . 1,865] 1,895] 1,929] -1.6]  -1.8] +2.7] 1,854] 2,010] 1,974] 1,700] -+9.1] 18,834] 16,613
Electric lighting and
wiring equipment............. 1,882) 1,877] 1,878] +03) -0.1] +3.8/ 1,901 2,009] 1,841) 1,705] +11.5} 17,782] 16,518
Household audio and
video equipment ..... 1,112] 1,047| 1,074) +6.2) -2.5] +05] 1,505] 1,299] 1,184] 1,309] +15.0] 10,157] 9,151
Communications equipment 5372| 5,316) 5,107) +1.1]  +4.1] +13] 5,120] 6,028] 4,846] 3,936) +30.1] 48,175] 37,339
Electronic components . 8370] 8413] 8,336] | -0.5]  +0.9] +39] 8,370] 8,976] 8,368] 6,809] +22.9] 79,476) 66,609
Transportation equipment . . . 37360] 39,485] 40,612] -3.4]  -2.81 +17.1] 39,812] 40,393) 38,786] 39,473] +0.9] 384,305) 350,596
Motor vehicles and parts . 26,473] 28,324] 29,270] -6.5] -3.2] +22.2} 29,097] 28,534] 27,939] 27,876] +44] 274,145] 233,405
Aircraft, missiles,
space vehicles, and parts. 8,128] 8,362} 8,634] -2.8]  -3.2] +4.8] 7,843] 8,948] 8,105] 8,975] -12.6] 82,813] 92,888
Shipbuilding and tanks . . : 348] 940932) 9.8] +0. 846] 982] 913] 1,028] -17.7] 9,744] 9,659
Instruments and related products ....] 11,021] 11,151] 11,256] -1.2) -0.9} 10,927] 12,222] 10,912] 10,684] 42.3} 108,715] 105,739
Search and navigation equipment 2,457] 2/535] 2,852) 3.1] -0.7 2/323] 2/814] 2410] 2,447] -5.1] 24,373] 26,167
Measuring and controlling devices 3201] 3,305] 3,315] -3.1]  -0.3) +5.6 3,188] 3,587] 3,265] 3,007] +6.0) 31,831) 28,911
Medical instruments and supplies 3,006] 2,984) 3,049] +0.7| -2.1| +14} 2,931] 3,214) 2,981] 2,895] +1.2] 29,635} 29,050
Photographic goods 1,962] 1,931] 1,965} +1.6} -1.7] +10.8) 2,091) 2,167] 1,874] 2,001 44.5] 19,132] 18,225
All other durable goods 16652) 16,506] 16,383] +09] +081 +1.2} 17,732| 17,682] 17,081} 16,155] +9.8] 162,611] 148,116
Nondurable goods industries . 131,557] 131,784] 132,461] -0.2|  -0.5]_ +2.] 136,980] 140,086] 135,804] 127,899] +7.1] 1,291,889 1,228,762
With unfilled orders... . . 32,327] 32,683] 32,852] -1.1] -0.5| +2.7| 34,388] 34,740] 33,695] 31,815] +8.1] 315,521] 295,614
Food and kindred Products : 35,880| 35,810] 35,836] +021 -0.1] +19) 37,271] 38,219] 36,372] 36,095| +33] 355,319] 343,616
‘Meat products . : 8.170] 8145] 8,056] +03] +1.1) -0.4, 8,497] 8,522] 8,300] 8,344) +1.8) 80,814) 79,710
Dairy products 46a] 4,641] 4,601} 0.0] +09] 42.2) 4,627] 4,815] 4,718] 4,452) +3.9) 46,317] 44,950
Beverages 5,296] 5,182] 5,293] +22) -2.1]  +2.1] 5,142] 5,305} 5,749] 4,678) -+9.9] 52,581] 49,486
Alll other foods, except fi fats and oils | 15,996] 16,015{ 16,051] -0.1] -0.2) +1.9 17,228] 17,750] 15,770] 16,859] +2.2] 157,532] 152,333
Tobacco products... . 2/821] 2,529] 2,766] 411.5] -8.6 -0.3] 2,691] 2,784) 2,802) 2,205) +22.0) 26,908) 25,730
Textile mill products... . . 6.269] 6,302] 6,261) -0.5|  +0.7] +1.1] 6,689] 6,959] 6,678] 6,252] +7.0] 62,076] $8,856
Broadwoven fabrics and
other textiles ...... 3,892| 3,890] 3,866] +0.1] +0. +1.0) 4,005] 4,278] 4,081] 3,703) +8.2) 38,380! 36,387
Paper and allied products... . . 12/053] 11,843] 11,739] +1.8] +0.9] +3.5] 12,370] 12,283) 12,087] 10,885] +13.6| 113,615] 108,412
Pulp, paper, and
paperboard mill products... . . 4,898) 4,776] 4,695] +2.6] +1.7] +4.8) 4,937] 4,862] 4,775] 4,292) +15.0] 44,933] 43,593
Paperboard containers and boxes ..| 3,177] 3,120] 3,106) +18) +05) +44) 3,352] 3,214] 3,242) 2,711) 423.6) 29,722] 26,707
Miscellaneous converted
Paper products . 3,978] 3,947] 3,938] +0.8] +0.2) +1.2) 4,081] 4,207] 4,070] 3,882) $5.1) 38,960) 38,112
Chemicals and allied products 29/344] 29,475] 29,069] -0.41 +14] +3.5] 28,753] 30,783] 28,966| 25,650] +121] 283,901] 262,793
Industrial chemicals . 15,679] 15,726] 15,374] -0.3 +23) +3.8| 15,679] 16,090] 15,525] 13,258] +183] 148,782] 135,303
Drugs, soaps, and toiletries . 10,307] 10,304] 10,349] 0.0] -0.4 +25] 10,266] 11,720] 10,372] 9,967] +3.0] 101,410] 97,035
Petroleum and coal products 11,749 11,971] 12,750] 1.9] -6.1] +2.8] 12,601} 12,711] 13,593) 12,797] -1.5] 119,451] 125,086
Rubber and plastics products. . 9.685] 9,639] 9,690] +05] -0.5] +4.5] 10,071] 10,013] 9,872] 9,070] +11.0) 95,187) 87,557
All other nondurable goods .. . 23,756] 24,215] 24,350) -1.9] -0.6 +2.5] 26,534] 26,334] 25,434] 24,945] +6.4) 235,432) 216,712

* 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.