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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
Jan. Dec. Nov.| Dec-] Nov-] Oct Jan Dee. Nov. Jan, Jan
2000° 1999° 1999 Jan. Dec.} Nov. 2000" 1999 1999 1999] 00/99
All manufacturing industries - | 471,949] 470,377} 469,836] +03] +01] —+0.5] 469,797] 460,048] 470,921] 462,588] — +1.6
Manufacturing industries
with unfilled orders +--+ | 311,866] 310,668] 310,756] +04 00] +05] 308,797] 301,638] 310,748] 307,625] +04
without defense capital goods . . 452,291 | 451,145] 451,296] +03 0.0] +05} 450,360} 441,436] 452,528] 444,384] +13
Durable goods industries 296,142] 295,034] 294,970 +04 0.0 +0.5] 294,170] 287,124] 295,759] 291,608 +0.9
With unfilled orders : 270,701 | 269,759] 269,892] +03 0.0] +05] 268,199] 262,050] 270,449] 266,947] +0.5
Stone, clay, and glass products 9,962 9,888 9,824 40.7 +0.7 -03 10,011 9,682 9,515 9,402 46.5
Primary metals. . + 24,446] 24,255] 24,091] +08] — +0.7 +09] 24,622] 24,445] 24,078] 24,525] 40.4
Blast furnaces, steel mills 11,563 11,507 11,414 +0.5 40.8 +0.8 11,757 11,792 11,528 12,085 2.7
Iron and steel foundries 1,612 1,617 1,620 -03 -0.2 42.7 1,601 1,580 1,574 1,598 +02
Nonferrous and other primary
metals... . sees W271] UBT] 14087] +13 +0.7] 11,264) 11,073] 10,976] 10,842} 43.9
Fabricated metal products... .... 31,661] 31,401] 31,378] +08 +0.1} 31,478] 30,846] 31,084] 30,741 +24
Industrial machinery and equipment 60,500] 60,406] 60,495] +0.2 +09] 60,103] 58,283] 61,012] 60,256 03
Engines and turbines .. . . 4,604 4,615 4,649 -0.2 +18 4,418 4,228 4,861 3,961 +115
Farm and garden machinery : 3,853 3,847 3,715 +0.2 +12 4,263 4,085 3,786 4,136 43.1
Construction, mining and
material handling equipment . . . 8,942 8,951 8,917 0.1 +04] +06 8,977 8,765 8,906 9,110 oS
Metalworking machinery .... 8,047 8,023 8,023 +03 0.0 12 7,821 7,509 7,903 7,774 +0.6
Computer and office equipment . . . 8,677 8,857 8,888 2.0 03] 43.1 8,310 8,179 9,050 8.714 46
Electronic and other
electrical equipment ...... . 43,392 43,611 42,665 -0.5 42.2 +14 42,806 42,063 42,613 39,036 49.7

Electrical transmission and
distribution equipment and
industrial apparatus... . : 5,440 5,393 5,371 +0.9 40.4 +0.9 5,484 5,315 5,447 5,421 +12
Household appliances . . . 2,520 2,502 2,436] +0.7{ 42.7) +10 2,476 2,260 2,362 2351] +53
Electric lighting and

wiring equipment ........... 3,786 3,768 3,752] +05] +04 -03 3,694 3,568 3,796 3371] +96
Household audio and
video equipment ......... : 1,095 1,143 1,123 42) +18] 439 1,057 1,077 LM 986] +7.2
Communications equipment 11,668] 12,108] 11,668 3.6| 438] +45] 11,398] 11,638} 11,743 9,376] +216
Electronic components . . 15,090] 14,935] 14,634] +10] 42.1 04] 14,958] 14,603] 14,564] 13.874] +78
Transportation equipment . . . . 69,215] 69,069] 70,417] +02 “19 0.0] 68,528] 66,729] 71,334] 73,252 “64
Motor vehicles and parts : 17,993 17,982 17,916 +0.1 +04 +16 17,932 17,506 18,045 17,090 +4.9
Aircraft, missiles,
space vehicles, and parts. . . 44,966] 45,173 | 46,143, -0.5 2.1 08] 44,356] 43,469] 46,990 50,362 “Ld
Shipbuilding and tanks . 2,399 2,373 2,277 +h +4.2 42.0 2,416 2,350 2,228 1,885]  +28.2
Instruments and related products : 27,403 | 27,180} — 27,062 40.8 40.4 0.0] 26,784] 26,267] = 27,141 25,831 43.7
Search and navigation equipment 6,908 6,896 6,989] +02 13] +01 6,677 6,660 6,950 6378] +4.7
Measuring and controlling devices . 8311 8,232 8166] +10] +08 -0.4 8,190 8,012 8,160 7,857|  +4.2
Medical instruments and supplies . 9,104 8,987 8,834 +13 +17 +0.6 8,967 8,725 8,939 8,328 +77
Photographic goods .. . 2,347 2,346 2,346 0.0 0.0 -0.6 2,231 2,160 2,361 2,534] -12.0
Alll other durable goods... . . +++ | 29,563} 29,224] 29,038] = +1.2 = +0.6] +06] 29,838] 28,809] 28,982] 28,565] +4.5

Nondurable goods industries 175,807] 175,343] 174,866 +03 +03 +0.5] 175,627] 172,924] 175,162] 170,980 42.7

With unfilled orders... . 41,165} 40,909} 40,864] +0.6 +0.1] +04] 40,598] 39,588] 40,299] 40,678 -0.2
Food and kindred Products : 38,976 | 39,033] 38,797 O01} +06] +01] 39,374] 39,250} 40,353] 38,016] +3.6
Meat products .......... 4,440 4,468] 4,481 -0.6 03 0.1 4375 4,216 4,442 4,056] +7.9
Dairy products . 3,831 3,834 3,879 -0.1 “12 “15 3,793 3,575 3,747 3,859 “17
Beverages . 8,882 8,989 8,696 -A2] 434] +05 8,868 8,903 8,826 8,401 +5.6
All other foods, except fats and oils 20,212] 20,133} 20,104 +0.4 40.1 +05] 20,650] 20,918] 21,580 19,750 +4.6
Tobacco products ........... 5,126 5,101 $075] +05} +05 “17 5,664 5,493 5,304 6,193 “8.5
Textile mill products . vee 10,131] 10,163] 10,101 03] +06] +03] 10,118 9,756 9863] 10,066] +0.5
Broadwoven fabrics and
other textiles : 6,084 6,136 6,113 08} +04) +04 6,135 5,954 6,031 6,346 33
Paper and allied products |... | 16,327 16,068 16,137 +16 -0.4 40.1 16,387 15,955 15,958 16,229 +10
Pulp, paper, and
paperboard mill products ..... 6,364 6,328 6,268 +0.6 +10 -0.5 6,430 6,298 6,668 3.6
Paperboard containers and boxes . 4,318 4,164 4,235 43.7 17 -0.2 4,332 4,173 3,994 48.5
Miscellaneous converted
Paper products . 5,645 5,576 5,634] ~ +12 -10] +09 5,625 5,484 5,567]  +1.0
Chemicals and allied products... .. 47,789 47,603 47,421 +0.4 +0.4 +11 47,629 47,055 46,214 43.1
Industrial chemicals ...... : 19,408 19,480 19,515 04 0.2 +13 19,595 19,673 19,699 -0.5
Drugs, soaps, and toiletries . 22,421 22,172 21,961 +11 +10 +10 21,782 21,432 20,357 +7.0

Petroleum and coal products . . 12,345 12,247 12,174 +0.8 +0.6 +10 12,005 11,741 12,399 10,000] +20.1
Rubber and plastics products tee 17,613 17,589 17,769 40.1 -1.0 +03 17,799 17,456 17,532 16,956 +5.0
All other nondurable goods ....... | 27,500| 27,539] 27392 0.1] +05] +04] 26,651] 26,218} 26,605] — 27,306 24

? Preliminary. ‘ Revised.
See note at end of table 2 relating to survey error and revision.


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

380 380
New Orders
360 | Shipments | - - - - -- ------- 2-5-2 -- + a 360
340 P= - -------- >> tee I ee 340
320} - ------------- 2-2 ee errr ree rr rd 320
300 F- - - ~~ er rd 300
280 1 i i L i 1 1 i L L it 1 280
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov = Jan
Jan. 1998 - Jan. 2000
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

I/S Ratios UO/S Ratios
2.5 3.7
2.4 3.6
2.3 3.5
2.2 3.4
2.1 3.3

2 3.2
1.9 3.1
1.8 3
1.7 2.9
1.6 2.8
1.5 2.7
1.4 2.6
1.3 2.5
1.2 1 1 it 1 1, 1 1 da it L 1 L in 2.4

Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan
Jan. 1998 - Jan. 2000

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
Jan. Dee. Nov. | Dec. | Nov- | Oct- Jan. Dec. Nov. Jan. Jan.
2000" 1999" 1999 Jan. | Dec. | Nov. 2000° 1999° 1999 1999 | 00/99
UNFILLED ORDERS
All manufacturing industries 541,758 | 538,217 | 526,604 | +07] +422 | +01 | 547,127 | 532,691 | 522,083 | 530,997 +3.0
Market categories :
Automotive equipment 2,484 2,527 2,482 7] +18 -2.6 2,562 2,486 2,399 2,677 43
Home goods and apparel 9455 9,260 9,338 | +21 08 | +04 9,360 8,608 9,066 8,703 475
Consumer staples . . . 2,979 3,100 3,055 39] 415] 433 2,932 3,066 2,998 2,480 | +182
Machinery and equipment 244,849 | 240,198 | 234417 | +19] +25 -0.3 | 245,156 }| 239,191 | 234,063 | 245,785 -0.3
Business supplies 7,381 7,444 7,381 08] +09] +09 7,246 7,196 7215 6,897 +51
Construction materials
and supplies 17,871 | 17,650 | 17,608 | +13] +02 03 | 17,799 | 17,368 | 17,295 | 17,513 +16
Defense products . 89,331 | 88,997 | 86892 | +04] +24 -12 | 91,187 ] 89,083 } 85,210 | 93,873 29
Other materials, supplies and
and intermediate products . 167,408 | 169,041 | 165,431 1.0 | +22 | +13 | 170,885 | 165,693 | 163,837 | 153,069 | +116
Durable goods industries :
Nondefense capital goods * 262,262 | 257,025 | 250,973 | +20] +24 -0.3 | 263,071 | 256,595 | 251,184 | 262,062 +04
Excluding aircraft and parts. 118,569 | 115,648 | 112,658 42.5 42.7 +0.7 | 119,378 | 115,218 | 112,869 | 108,555 +10.0
Defense capital goods * . . . 94,558 | 93,786 | 91.444 | +08] +26 -1.2 | 96,428 | 93,640 | 89,503 | 98,763 24
Durables excluding capital goods 159,457 | 161,724 | 158,431 14] +21] +15 | 162,774 } 157,544 | 156,226 | 146.775 | +109
Miscellaneous series :
Producers’ durable equipment 282,788 | 278,287 | 272,411 +16 +2.2 -0.3 | 283,986 | 276,526 | 271,643 | 287,170 Ll
Household durable goods . . 5,926 5,856 5,766 +12 +16 03 6,029 5,446 5,687 5,551 +8.6
Information technology industries 45,777 45,011 41,674 +17 +8.0 413 45,562 44,847 41,788 39,233 +16.1
Health care equipment
and products .............. 10,043 | 10,058 9,836 01] 423] 411 | 10,290 | 10,076 9,862 | 10,056 423
TOTAL INVENTORIES
All manufacturing industries 471,949 | 470,377 | 469,836 | +03] +01 | +05 | 469,797 | 460,048 | 470,921 | 462,588 +16
Market categories :
Automotive equipment . . 8,861 8,829 8944 | +04 “13 +0.5 8,757 8411 8,950 8,527 42.7
Home goods and apparel 31,845 | 31,861 | 31,665 0.1 | +06 | +04 | 31,514 | 30,522 | 30,618 | 31,479 +0.1
Consumer staples 76,915 | 76,594 | 76,051 +04] +07] +04 | 76,829 | 75,925 | 77,703 | 73,284 +48
Machinery and equipment 114,897 | 115,566 | 117,040 0.6 13 +0.7 | 113,374 | 111,057 | 118,512 | 116,214 2.4
Business supplies . 28,616 28,412 28,514 +0.7 04 +0.6 28,179 27,461 28,441 27,958 40.8
Construction materials
and supplies . 30,791 | 30,556 | 30,290 | +08} +09] +06] 30,798 | 29,968 | 30,016 | 28,806 +69
Defense products . . . 19,064 | 18,718 | 18,159} +18] +431 | +0.2 | 18898 | 18171 | 18,012 | 17,888 45.6
Other materials, supplies and
and intermediate products... . . 160,960 | 159,841 | 159,173 +0.7 +0.4 +0.4 | 161,448 | 158,533 | 158,669 | 158,432 +19
Durable goods industries :
Nondefense capital goods * 105,493 | 106,269 | 108,074 0.7 -17 | +0.7 | 103,836 | 101,952 | 109,521 ] 108,410 42
Excluding aircraft and parts 73,571 | 73,749 | 73,894 0.2 0.2 | +17 | 72,372 | 70,626 | 74,403 | 70,061 433
Defense capital goods * : 19,658 | 19,232 | 18,540 | +22] +437] +405] 19,437 | 18612 | 18393 | 18,204 +68
Durables excluding capital goods 170,991 | 169,533 | 168,356 | +09] +07] +04 | 170,897 | 166,560 | 167.845 | 164,994 43.6
Miscellaneous series
Producers’ durable equipment 189,941 | 190,196 | 191,490 0.1 -0.7 +0.7 | 188,041 | 184,005 | 192,643 | 188,340 0.2
Household durable goods . . on 16,680 16,597 16,501 +0.5 40.6 +0.9 16,614 15,894 16,220 16,363 +15
Information technology industries 33,887 | 34,429 | 33,984 16] +13 | 422 | 32,898 | 32,727 | 34,176 | 30,833 +67
Health care equipment
and products 21,239 | 20,990 | 20,724 | +12] +13 | +08 | 20,765 | 20,332 | 20,836 | 19,357 +73

See footnotes at end of table 5.

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


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
Jan} Dec.| Nov. | Dec.- | Nov-} Oct-] Jan. Dec. | Nov. Jan Jan,
2000°| 1999'} 1999] Jan.] Dec.| Nov.] 20007} 1999] 1999] 1999} 00/99 | 2000" } 1999
SHIPMENTS
All manufacturing industries 371,670] 367,872] 364,971] +1.0]  +0.8]  +1.3} 334,173] 365,926] 364,779) 307,582]  +8.6} 334,173] 307,582
Market categories :
Automotive equipment . . . 17,340] 16,900] 16,403} +2.6) +3.) +19 15,941] 14,907] 16,753} 14,335) +11.2] 15,941] 14,335
Home goods and apparel 20,930] 20,653] 20,223] +13] +21] +0.8) 17,996] 18,537] 20,887] 16,773] +7.3] 17,996} 16,773
Consumer staples : 77.014) 76.912) 77,015] +0.1] -0.1]  +1.2} 71,555] 77,026] 77,970) 65,376} +9.5] 71,555} 65,376
Machinery and equipment . . . 72:295| 69,839] 68,160] +3.5] +2.5] -0.9| 60,616] 77,493] 66,393) $5,293] +9.6] 60,616} 55,293
Business supplies 27,887] 27,732| 27,521| +06] +08} +1.9| 25,553] 27,595] 28,082) 23,652) +8.0] 25,553} 23,652
Construction materials
and supplies : 23,546] 23,601] 23,637 -0.2] -0.2} +1.7] 20,474] 21,833] 23,100] 19,222) +6.5] 20,474] 19,222
Defense products .. . 6543] 6,743] 7,468|  -3.0] -9.7/ +95] 5,396] 7,598} 7,980] 5,763] 6.4) 5,396] 5,763
Other materials, supplies and
and intermediate products 126,115] 125,492] 124,544] +0.5] +0.8]  +2.0) 116,642] 120,937] 123,614] 107,168) +8.8] 116,642] 107,168
Durable goods industries :
Nondefense capital goods * . . . 58,866] 56,587| 55,238] +4.0| +2.4, -1.9| 47,905] 66,365] 53,289) 43,012] +11.4] 47,905) 43,012
Excluding aircraft and parts -} 51,098] 48,304] 47,911] +5.8] +08] -0.9| 41,420] 55,997) 46,014] 35,904] +15.4) 41,420] 35,904
Defense capital goods * _ 6251] 6,521] 7,156] 4.1] -8.9] +89 5,051] 7,530) 7,733) 5,494) 8.1] 5,051] 5,494
Durables excluding capital good 145-211] 143,372] 142,036) 41.3] +09] +1.9] 131,777] 135,324] 142,855] 121,942] +8.1] 131,777] 121,942
Miscellaneous series
Producers’ durable equipment ... . | 137,565| 134,223] 131,947] +2.5]  +1.7| +0.2| 119,570) 137,780] 130,972) 110,374) +8.3] 119,570) 110,374
Household durable goods . 11,103} 10,868} 10,776 +22] +0.9] +24) 9,457] 10,493) 11,262) 8,465] +11.7) 9,457 5
Information technology industri 30.200} 27.473] 28,050] +99} -2.1] 2.3] 23,795] 34,580] 27,344] 20,126] +182] 23,795] 20,126
Health care equipment
and products 13,400] 13,259] 13,432) +14] -1.3[ 40.7} 12,353] 14,173) 13,185] 11,347] 8.9) 12,353) 11,347
NEW ORDERS
All manufacturing industries 375,211] 379,485] 365,612] -1.1}  +3.8] +1.4] 348,609] 376,534] 361,933] 325,593)  +7.1] 348,609] 325,593
Market categories :
Automotive equipment 17,296] 16,945} 16,337] 42.1] +3.7] +1.2) 16,017] 14,994) 16,634) 14,607) +9.7) 16,017) 14,607
Home goods and apparel 21.125} 20,576] 20,261] +2.7] +1.6] -0.1) 18,748] 18,078] 20,647] 17,165) +9.2| 18,748] 17,165
Consumer staples . 76,893] 76.958] 77,112] -0.1] -0.2] +12] 71,421] 77,094] 78,004) 65,594) +8.9] 71,421] 65,594
Machinery and equipment . . . 76,946] 75,620, 67,545] +1.8] +12.0] -1.2| 66,581] 82,621] 65,887] 60,507] +10.0) 66,581] 60,507
Business supplies 27,824] 27,796} 27,585] +0.1] +0.81 +1.9} 25,603] 27,576) 28,097] 24,028) +6.6) 25,603) 24,028
Construction materials
and supplies 23,767) 23,643] 23,577] +0.5] | +0.3] +1.0] 20,905] 21,905] 22,942) 19,494) +72) 20,905) 19,494
Defense products : 6.877] 8,848} 6,449] -22.3] +372) -19.3] 7,500] 11,471] 6,779] 8,720) -14.0] 7,500} 8,720
Other materials, supplies an
and intermediate products 124,483] 129,099] 126,746] -3.6] +1.9]  +4.5) 121,834] 122,795] 122,943] 115,478] +5.5] 121,834] 115,478
Durable goods industries :
Nondefense capital goods * . . 64,103] 62,639] 54,385] +2.3] +15.2| 3.4] 54,381] 71,776| 52,843) 47,992) +13.3] 54,381] 47,992
Excluding aircraft and parts. 54019} 51,294] 48,658] +5.3] 45.41 -0.5 45,580] 58,346] 47,168] 37,882] +203] 45,580] 37,882
Defense capital goods‘ ...... 7.023] 8,863} 6,090] -20.8] +45.5] -20.61 7,839) 11,667] 6,349) 8,544] = -8.3) 7,839] 8,544
Durables excluding capital goods . | 142,944] 146,665] 144,324] -2.5]  +1.6]  +4.2] 137,007] 136,642] 141,619) 131,472] +4.2) 137,007} 131,472
Miscellaneous series :
Producers’ durable equipment 142,066] 140,099] 131,177] +14] +6.8|  +0.4] 127,030] 142,663] 129,673] 118,040] +7.6| 127,030] 118,040
Household durable goods ... . 11,173] 10.958} 10,761) +2.0|  +1.8|  +0.1) 10,040] 10,252] 10,974) 8,855] +13.4] 10,040) 8,855
Information technology industries 30.966] 30,810] 28,575] +05] +78] -0.6] 24,510] 37,639) 27,929) 20,243) +21.1] 24,510) 20,243
Health care equipment
and products 13,385} 13,481] 13,535{ -0.7]  -0.4]-+1.5} 12,567] 14,386) 13,140) 11,778) +6.7] 12,567) 11,778

* Preliminary. ‘ Revised

' Topical series are regroupings of the separate industry categories

2 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;
handling equipment; metalworking machinery; special industry machinery;
industry machinery; electrical transmission and distribution equipment; electrical

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

“Defense capital goods industries include : ordnance and accessories; communications equipment, aircraft, missiles, space vehicles, and engines and parts; ships, tanks

and tank components; and search and navigation equipment

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

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio’
Industry Jan Dec, Nov. Oct. Jan. Dec. Nov. Oct.
2000° 1999" 1999 1999 2000" 1999" 1999 1999
All manufacturing industries . . 127 1.28 1.29 130 2.55 257 254 287
Durable goods industries 141 143 1.44 145 2.98 3.01 297 2.99
Stone, clay, and glass products 112 ui 1.09 it 0.75 0.74 0.73 0.73
Primary metals. . a 153 134 155 137 1.99 2.02 2.08 2.3
Fabricated metal products ae 1.53 1.54 1.51 1.55 1.29 131 1.27 1.30
Industrial machinery and equipment 1.47 136 155 152 2:10 221 2:18 214
Electronic and other
electrical equipment ...... . 11s 1.20 1.20 121 2.22 236 2.25 2.19
Transportation equipment : 1.40 138 1.46 148 9:10 839 8.58 8.78
Instruments and related products... - 1:80 1.79 181 1.82 3.06 3.06 3.05, 3.09
Nondurable goods industries . . .. 1.09 1.09 1.09 1.10 0.65 0.66 0.67 0.68
Food and Kindred products : . . 0.93 0.93 0.92 0.92 (X) (x) (X) (X)
Tobacco products . 1.17 1.18 1.13 Ls (X) (xX) (X) (X)
Textile mill products _ 1st 154 154 1152 (NA) (NA) (NA) (NA)
Paper and allied products . |. . Lis 112 13 117 (NA) (NA) (NA) (NA)
Chemicals and allied products 1.35 1.34 1.32 1.32 (X) (xX) (X) (X)
Petroleum and coal products... .. . 0.69 0.70 0.73 0.77 &) (X) (X) (X)
Rubber and plastics products 1:24 1.22 1:24 1.28 (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; 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
Jan Jan. Jan, Jan,
Jan? | 1999- Jan? } 1999. 1999- Jan? | 1999-
Jan.' | 1995-| Dec. } Jan! | 1995-] Dec. | Jan.! Dec. | Jan! | 1995-] Dee.
2000} 1999} 1999} 2000] 1999] 1999 | 2000 1999 | 2000 | 1999 | __ 1999,
All manufacturing industries (xX) 0.2 0.1 (xX) 02 (xX) 01 (X) 0.0 0.0
Durable goods industries ..... 09 02 O41 0.6 04 0.1 01 (X) 01 0.0
Stone, clay, and glass products (x) 04 04 (%) 04 09) 04 (X) 01 02
Primary metals... . nn ee 03 02 1.0 0.8 02 03 () 01 01
Fabricated metal products 22)... . (X) 05 03 (9) 04 () 03 (X) 02 0.1
Industrial machinery and equipment 3.0 09 04 29 03 o. 01 (x) O41 01
Electronic and other

electrical equipment ..... 0.2 0.5 04 03 13 04 0.6 (X) 0.1 01
Transportation equipment . . . | 04 04 05 -0.4 10 0.1 0 (X) 01 01
Instruments and related products . . . () 08 06 (X) 08 () 03 (X) 02 0.1
Nondurable goods industries... . : (X) Ol 01 (xX) 0.1 0.1 (X) 0.2 0.1 (xX) 0.1 0.1
Food and kindred products . (x) 02 02 (X) (X) (X) (xX) (X) (X) (xX) 0.2 02
Tobacco products ..... seed OX) 01 01 (x) &) (x) &) (x) (x) &) O1 01
Textile mill products . . &) 03 03 (xX) (NA) (NA) (xX) (NA) (NA) (X) 0.1 0.1
Paper and allied products... . . (x) 01 02 & | vay] NA) (| NA) | vA) &) 02 0.0
Chemicals and allied products. . . &) 02 02 &) &) (%) (x) &) (X) &) 03 01
Petroleum and coal products . &) 06 05 (X) (&) &) (x) (x) &) &) 09 04
Rubber and plastics products (x) 04 02 (X) (x) (xX) (xX) (xX) (X) (xX) 0.1 02

Capital goods industries :
Nondefense ...... 23 09 02 37 09 0s 02 Ot 0.1 (ea) 0.1 0.
Defense... vee ooo -0.9 1.0 08 19 13 5.0 0.0 0.1 03 (Xx) O1 0.2

(X) Not applicable. (NA) Not available

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

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


CURRENT INDUSTRIAL REPORTS

en

as

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

Manufacturers’ Shipments,
Inventories, and Orders

January 2000
'3-1-(00)-01
For Wire Transmissions 10:00 a.m. E.S.T. March 3, 2000

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

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in January decreased
$4.3 billion or 1.1 percent to $375.2 billion, the Department of
Commerce, Bureau of the Census reported today. This follows
a 3.8 percent December increase. Excluding transportation, new
orders decreased 0.6 percent. New orders for January 2000 are
7.4 percent above January 1999.

Shipments increased $3.8 billion or 1.0 percent to $371.7
billion, following a 0.8 percent December increase. This is the
eighth increase in the last nine months. Shipments for January
2000 are 8.8 percent above January 1999.

Unfilled orders increased $3.5 billion or 0.7 percent to
$541.8 billion, following a 2.2 percent December increase. This
is the seventh consecutive increase. The unfilled orders-to-
shipments ratio was 2.55, down from 2.57 in December.

Inventories increased $1.6 billion or 0.3 percent to $471.9
billion, following a 0.1 percent December increase. This is the
fifth consecutive increase. The inventories-to-shipments ratio
was 1.27, down from 1.28 in December.

New Orders

New orders for manufactured durable goods in January
decreased $4.1 billion or 1.9 percent to $214.1 billion, revised
from the previously published 1.3 percent decrease.

Electronic and other electrical equipment had the largest
decrease, $5.3 billion or 12.9 percent to $36.2 billion, mostly due
to electronic components. This is the largest decrease since July
1997. Transportation equipment decreased $2.2 billion or 4.0
percent to $53.4 billion; decreases in shipbuilding and tanks and
aircraft and parts more than offset increases in motor vehicles
and parts and railroad equipment, Instruments and related
products decreased $0.3 billion or 2.1 percent to $15.6 billion.
Industrial machinery and equipment increased $3.6 billion or 9.4
percent to $42.3 billion. Primary metals increased $0.4 billion
or 2.7 percent to $15.8 billion.

New orders for nondurable goods, down for the first time
since September 1999, decreased $0.2 billion or 0.1 percent to
$161.1 billion. Paper and allied products had the largest
decrease.

Shipments

Shipments of durable goods in January increased $3.8
billion or 1.9 percent to $210.3 billion, revised from the
previously published 2.8 percent increase. This is the eighth
increase in the last nine months.

Industrial machinery and equipment, led by computer and
office equipment, had the largest increase, $2.5 billion or 6.6
percent to S412 billion. This is the largest increase on record.
Electronic and other electrical equipment, up three consecutive
months, increased $1.5 billion or 4.3 percent to $37.8 billion.
This is the largest increase since March 1997. Transportation
equipment decreased $0.8 billion or 1.6 percent to $49.3 billion.

Shipments of nondurable goods decreased slightly to $161.3
billion. This is the first decrease since April 1999. Decreases in
food and kindred products, chemicals and allied products, and
rubber and plastics products more than offset increases in
printing and publishing and petroleum and coal products.

Unfilled Orders

Unfilled orders for durable goods in January increased $3.7
billion or 0.7 percent to $516.3 billion, revised from the
previously published 0.6 percent increase. This is the seventh
consecutive monthly increase.

Transportation equipment, led by aircraft and parts, had the
largest increase, $4.1 billion or 1.8 percent to $231.6 billion.
Industrial machinery and equipment, up seven consecutive
months, increased $1.1 billion or 1.4 percent to $82.4 billion.
Electronic and other electrical equipment, down for the first time
since November 1998, decreased $1.6 billion or 1.9 percent to
$83.8 billion.

Inventories

Inventories of durable goods in January increased $1.1
billion or 0.4 percent to $296.1 billion. This is the fifth
consecutive increase.

Fabricated metal products had the largest increase, $0.3
billion or 0.8 percent to $31.7 billion. This is the seventh
consecutive increase and the largest since July 1999. Instruments
and related products, up six of the last seven months, increased
$0.2 billion or 0.8 percent to $27.4 billion. Electronic and other
electrical equipment, down for the first time since August 1999,
decreased $0.2 billion or 0.5 percent to $43.4 billion.

Inventories of nondurable goods, up ten of the last eleven
months, increased $0.5 billion or 0.3 percent to $175.8 billion.
Paper and allied products had the largest increase, $0.3 billion or
1.6 percent to $16.3 billion. This is the largest increase since
June 1995.

By stage of fabrication, January finished goods increased
1.3 percent in durables and 0.5 percent in nondurables. Work in
process increased 0.4 percent in durables and decreased 1.1
percent in nondurables. Materials and supplies decreased 0.6
percent in durables and increased 0.6 percent in nondurables.

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

‘The advance report on durable goods for February is scheduled for March 24, 2000 at 8:30 a.m. and the full report on March 31, 2000 at 10:00 a.m. For sale by the Superintendent of
Documents, U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through the Department of Commerce's online Economic Bulletin Board

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


Nondefense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

62

42

11

New Orders

Shipments

62

+57

+52

447

Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Jan. 1998 - Jan. 2000

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

10

9

42

Nov Jan

New Orders

Shipments

10

Jan Mar May — Jul Sep Nov Jan Mar May — Jul Sep
Jan. 1998 - Jan. 2000

4

Nov Jan

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
Jan. Dec. Nov. | Dec.- | Nov.- | Oct~ Jan. Dec. Nov. Jan. Jan.
2000° 199" 1999 Jan Dec. | Nov. 2000" 1999" 1999 1999 } 00/99
MATERIALS AND SUPPLIES
All manufacturing industries 157,919 | 158,082 | 156,215 0.1 | +1.2 | +14 | 159,029 | 157,994 | 156,048 | 154,756 +28
Durable goods industries 95,246 | 95,780 | 94,477 06] +14] +17] 95,786 | 95,520 | 94,885 | 92,392 43.7
Stone, clay, and glass products 3,338 3,312 3,262 40.8 +15 0.4 3,355 3,336 3,262 3,146 +6.6
Primary metals. 774 77701 7550 | +02] +20] +15 77836 8,050 7M 77794 +05
Fabricated metal products 10,790 | 10,775 | 10,675 | +01] +09 | +01 | 10871 | 10,913 | 10627 | 10,498 +36
Industrial machinery and equipment 19/904 | 20,823 | 20,633 44] +09] +438] 19,731 | 20426 | 20,729 | 19,876 0.7
Electronic and other
electrical equipment . 17,532 | 17,554 | 16,979 0.1] +34] 43.7 | 17,560 | 17,274 | 17,005 | 15,454 | +13.6
Transportation equipm 15,620 | 15,201 | 15,191 +28] +01 -03 | 15,734 | 14965 | 15,110 | 15,340 426
Instruments and related products 9,295 93351 91208 06] +16] +04 9,255 9177 9,108 87824 +4.9
Lumber, furniture and
miscellaneous durable goods . . . 11,053 | 11,063 | 10,979 O01] +08 11,444 | 11,379 | 11,333 | 11,460 “0.1
Nondurable goods industries . . 62,673 | 62,302 | 61,738 | +06] +09 63,243 | 62,474 | 61,163 | 62,364 +14
Food and kindred products 11,582 | 11,707 | 11,408 LL} +26 11,790 | 11,795 | 11,429 | 11,604 +16
Tobacco products : 43573 4529 | 4505] +10] +05 5,009 | 4)844 4513 307 5.6
Textile mill products. - 2/868 2,886 2,921 0.6} -12 2,865 2,842 2,825 2/880 0.5
Paper and allied products « 7/820 7,754 7782 | +09 | -04 7,840 7,827 7,746 7/853 -0.2
Chemicals and allied products 15,948 | 15,825 | 15517] +08] +20 15,980 | 15,729 | 15/314 | 15,743 +15
Petroleum and coal products 3,742 3,454 31643 +83 52 3,637 3,353 3,675 2976 | +222
Rubber and plastics products 7195 7210 7177 02] +05 7,257 7303 7122 6,894 +53
Apparel, printing and publishing
and leather goods . . . . 8,945 8,937 8,785 | +0.1 | +17 8,865 8,781 8,539 9,107 27
WORK IN PROCESS
All manufacturing industries 144,496 | 144,344 | 146,225 | +0.1 13 0.0 | 142,662 | 139,810 | 148,138 } 147,207 31
Durable goods industries 114,096 | 113,607 | 115,411 404] -16 -0.2 | 112,447 | 109,755 } 116,630 | 117,801 4.5
Stone, clay, and glass products 3576 11565 1574 | +0.7 11563 1,465 1471 392 | +123
Primary metals 8,423 8,323 8,289 | +12 8:426 8,233 8,206 8,509 1.0
Fabricated metal products : 91144 8970 | 9,032 | +19 9003 8.771 9,099 8,899 +12
Industrial machinery and equipment 21692 | 21,180 | 21323 | +24 21346 | 20,146 | 21,600 | 22,125 35
Electronic and other
electrical equipment 13,886 | 14,085 | 14,001 14 13,581 | 13,522 | 13,927} 13,500 +06
Transportation equipment . . . 43,630 | 43,915 | 45,285 -0.6 43,114 | 42,636 | 46,354 | 48,409 | -109
Instruments and related products 9,945 9868 | 10,107 | +08 9,682 9,446 | 10,219 9,719 04
Lumber, furniture and
miscellaneous durable goods 5,800 5,701 5,800 | +1.7 5,732 5,536 5,754 5,248 +92
Nondurable goods industries ..... . 30,400 | 30,737 | 30,814 “Ld 30,215 | 30,055 | 31,508 | 29,406 42.8
Food and Kindred products 6,303 6,264 6,295 | +06 6,645 6,658 6,957 6,352 +46
Tobacco products 122 123 121 -0.8 13 127 148 98] +347
Textile mill products. - 2,464 2,453 2,462 | +04 2,474 2,374 2,463 2,561 “3.4
Paper and allied products «---« 1,740 1,718 1,776 | +13 1,787 1723 1712 1,690 45.7
Chemicals and allied products 8,723 8/878 81894 17 8,466 8,636 8,898 8,461 40.1
Petroleum and coal products 3,092 3,240 3,139 46 3,008 3,050 3,194 2,256 | +333
Rubber and plastics products - 23167 2258 2.234 -4.0 2)188 2,225 2,261 2,279 4.0
Apparel, printing and publishing
and leather goods .. . . 5,789 5,803 5,893 02 5,515 5,262 5,875 5,709 34
FINISHED GOODS
All manufacturing industries 169,534 | 167,951 | 167,396 | +09 +0.1 | 168,106 } 162,244 | 166,735 | 160,625 +47
Durable goods industries . . 86,800 | 85,647 | 85,082 | +13 +0.2 | 85,937 | 81,849 | 84,244 | 81,415 +5.6
Stone, clay, and glass products’. 5,048 5,011 4988 | +0.7 -03 5,093 4:81 4,782 8 +47
Primary metals os... 8,309 8.231 8,252 | +09 +02 8360 8,162 8,161 8,222 +17
Fabricated metal products 11,727 | 11,656 | 11,671 | +06 +07 | 11,604 | 11,162 | 11358 | 11,344 +23
Industrial machinery and equipment 18:904 | 18,403 | 18,539 | 42.7 +0.3 | 19026 | 17,711 | 18/683 | 18:255 +42
Electronic and other
electrical equipment . . . 11,974 | 11,972 | 11,685 0.0 40.2] 11,665 | 11,267 | 11,681 | 10,082 | +15.7
Transportation equipment . 9,965 9/953 91941 +0.1 +11 9°680 9,128 9;870 91503 +19
Instruments and related products - 81163, 7,961 7747 | 42:5 40.1 7,847 73644 7814 7288 407
Lumber, furniture and
miscellaneous durable goods . . 12,710 | 12,460 | 12,259 | +2.0 0.8 | 12,662 | 11,894 | 11,895 | 11,857 +68
Nondurable goods industries . 82,734 | 82,304 | 82,314 | +05 0.0 | 82,169 | 80,395 | 82,491 | 79,210 43.7
Food and kindred products | 21,091 | 21,062 | 21,094 | +0.1 -0.8 | 20939 | 20,797 | 21,967 | 20,060 +44
Tobacco products . . . . 431 449 449 4.0 “15 523 522 643 788 | -33.6
Textile mill products 4,799 | 4,824 4,718 -0.5 +04 4,779 4,540 4,375 4,625 433
Paper and allied products . . . - 6,767 6,596 6579 | +26 -0.8 6,760 6,405 6,500 6,686 411
Chemicals and allied products 23,118 | 22,900 | 23,010 | +10 +18 | 23,183 | 22,690 | 22,936 | 22,010 +53
Petroleum and coal products S51 5,553 53392 -0.8 3.8 5/360 5,338 530 ,768 | +124
Rubber and plastics products . . 8,251 8,121 8,358 +16 0.0 8,354 7,928 8,149 7,783 +73
Apparel, printing and publishing
and leather goods : 12,766 | 12,799 | 12,714 03 00 | 12,271 | 12,175 | 12,191 | 12,490 18

? Preliminary. ‘ Revised.

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



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
Jan. Dec. Nov. Dec] Nov] Oct Jan, Dee. Nov. Jan. Jan.
2000° 1999" 1999 Jan. Dec.} Nov. 2000° 1999" 1999 1999] 00/99
All manufacturing industries 541,758] 538,217] 526,604 +0.7 42.2 40.1] 547,127] $32,691] 522,083] 530,997 43.0
Manufacturing industries
without defense capital goods 447,200] 444,431] 435,160} +06] 42.1 +04} 450,699] 439,051] 432,580] 432,234] +43
Durable goods industries 516,277| 512,535] 500,848 +0.7 423 +0.1] 522,273] 507,779} 496,913] 507,600 42.9
Stone, clay, and glass products 6,386 6,330 6,313 +09 +03 42.1 6,426 6,237 6,203 6,234 431
Primary metals _ 31,709} 31,912] 32,329 -0.6 “13 -O.1] 31,933} 31,121] 30,709] 29,215] +93
Blast furnaces, steel mills 13,019 13,084 13,282 0.5 15 42.0 13,178 12,633 12,432 11,176, +17.9
Iron and steel foundries 4,673 4,739 4,715 14] +05 3.0]° 4,720 4,664 4,552 5,450] -13.4
Nonferrous and other primary
metals... . 14,017] 14,089] 14,332 -0.5 “17 1.0] 14,035] 13,824] 13,725] 12,589] +115
Fabricated metal products : 25,178] 25,204} 24,709 0.1] +20 -0.4] 25,109] 24,748] 24.213] 25,997 “34
Industrial machinery and equipment 82,397} 81,298] 81,280 +14 0.0 +03] 83,361 81,227] 81,827] 75,953 +9.8
Engines and turbines oe 24,297) 24,214) 24,142) 40.3] 40.3] = 40.4] = 24,835] 24.798] 24.823] 18.987] +308
Construction, mining and
material handling equipment 8,809 8,775 8.868] +04 10} 432 8,950 8,579 8,560 9,923 98
Metalworking machinery 6,809 6,490 6,756] +49 39 4.2 6,809 6,490 6,756 6,563] +3.7
Computer and office equipment 8,674 8,826 8,191 “17 +78 -0.7 8,463 8,681 8,336 7,929 +6.7
Electronic and other
electrical equipment 83,824] 85,466] 80,223 19] +65}  +4.9{ 87,251] 83,687 80,809] 64,747] 434.8
Electrical transmission and
distribution equipment and
industrial apparatus 7,103 7,068 7,026] +05] +06) +14 719 6,896 6,925 6,252] +139
Electric lighting and
wiring equipment : $211 5,032 4995} 43.6] +0.7 “19 $211 5,032 4,995 $124] +17
Communications equipment 25,667} 24,955] 22,614] 42.9] +104] +54} 26,176] 25,623] 23,176] 17177| +524
Electronic components . . . 39,959] 42,486] 39,926 59] 464] 47.1] 42,534] 40,474] 40236] 29,670] +43.4
Transportation equipment 231,576} 227,461] 221,936 +18 42.5 -1.5] 232,899] 226,382] 219,708] 249,966 6.8
Aircraft, missiles,
space vehicles, and parts. 194,600} 191,416] 187,850 17} +19 -1.5] 195,704} 190,508} 185,932] 208,979 64
Shipbuilding and tanks 19,391} 19,620] 18,291 12] +73] +03] 19,313] 19,528] 18.298] 20/345 “5.1
Instruments and related products . . . 46,725 46,415 45,681 +0.7 +16 04 47,207 46,496 45,074 47,707 -1.0
Search and navigation equipment 25,338] 25,326} 25,088 00} +09 -1.0] 25,595} 25,420] 24.503] 26,428 3.2
Measuring and controlling devices 10,354} 10,132 9875] +22] 426 0.4] 10,354] 10,132 9,875] 10,308] +04
Medical instruments and supplies 10,001 10,016 9,796 0.1 $2.2 +h 10,250 10,035 9,821 10,018 +23
All other durable goods . 8,482 8,449 8,377 +0.4 +09 0.6 8,087 7,881 8,370 7,781 439
Nondurable goods industries 25,481] 25,682] 25,756 -08 03] +11] 24,854] 24,912] 25,170] 23,397] 46.2

Preliminary. * Revised.

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


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

Seasonally adjusted Not seasonally adjusted!
Monthly Percent Change Monthly Percent Year to date
Industry change
Jan.| Dec.| Nov. | Dec. | Nov.-] Oct-| Jan] Dec. | Nov. Jan. | Jan.
2000} 1999} 1999] Jan.| Dec.] Nov.} 20007] 1999'] 1999} 1999] 00/99 | 2000" | ~— 1999
All manufacturing industries .... | 375,211] 379,485] 365,612] -1.1]  +3.8)  +1.4] 348,609] 376,534] 361,933] 325,593]  +7.1| 348,609] 325,593
Manufacturing industries
with unfilled orders . . . +++] 215,822] 220,693} 207,892] -2.2] +6.2] +1.2} 201,504] 226,260] 205,430] 191,572] +5.2] 201,504] 191,572
without defense capital goods . . 368,188] 370,622] 359,522] -0.7} +3.1]  +1.8] 340,770] 364,867] 355,584] 317,049] +75] 340,770] 317,049
Durable goods industries ...... 214,070] 218,167] 204,799} -1.9]  +6.5] — +1.2 199,227] 220,085] 200,811] 188,008] — +6.0] 199,227] 188,008
With unfilled orders... . . ++} 176,875} 181,928) 169,151} -2.8)  +7.6)  +1.1] 165,279} 188,017) 165,772] 156,820]  +5.4] 165,279} 156,820
Stone, clay, and glass products 8,943} 8,917] 9,133) +03) -2.4] +15] 7,876] 7,991] 8,995] 7,282] +82] 7.876] 7,282
Primary metals. .. --} 15,765) 15,346] 15,540] 42.7] 1.2) +0.6] 16,018] 14,859] 15,172] 13,954] +14.8] 16,018] 13,954
Blast furnaces, steel mills 6,081] 5,896] 6,315} +3.1] -6.6] +48) 6,514] 5,788) 6,150} 5,377] $21.1 6,514] 5,377
Iron and steel foundries >] 1,524) 1,599] 1,362) -4.7) +17.) 6.4) 1,525] 1,459} 1,290] 1,495] 42.0 1,525 1,495
Nonferrous and other primary
metals... .. : 8,160] 7,851] 7,863) $3.9) -0.2) -1.2) 7,979} 7,612) _7,732| 7,082) +12.7] 7,979] 7,082
Fabricated metal products - | 20,682] 20,880] 20,619] -0.9}  +1.3} +2.8) 19,113] 19,402) 20,280] 19,120 0.0] 19,113] 19,120
Industrial machinery and equipment 42,342] 38,716] 39,347] +9.4]  -1.6|  -0.8) 36,307] 41,425] 37,631] 31,857] +14.0] 36,307] 31,857
Engines and turbines oon 3,348] 2,633) 2,784) +27.2)  -5.4) -0.2] 2,475] 3,194] 2,903] 2,156] +14.8 2475] 2,156
Construction, mining and
material handling equipment. . . 4,000} 3,736] 3,965) +71) -5.8) +11.0) 3,909] 3,671} 3,707] 3,771] -+3.7] 3,909] 3,771
Metalworking machinery . ++] 4,004] 3,462) 3,534] 415.7] -2.0]  -9.7] 3,110] 3,624] 4,008] 2,811] +106] 3,110) 2,811
Computer and office equipment ... | 12,747] 11,712 11,981] +88) -2.2)  -6.1] 9,402) 14,755} 11.211] 8,021f +172] 9.402] 8,021
Electronic and other
electrical equipment . 36,186] 41,524] 39,352] -12.9] +5.5]  +9.7] 35,892] 43,695] 38,015] 34,752} +3.3] 35,892] 34,752
Electrical transmission and
distribution equipment and
industrial apparatus ......... 4,155] 4,013] 3,971] +35] +11] +19 3,845] 3,928) 3,712] 3,247] +184) 3,845] 3,247
Electric lighting and
wiring equipment ........... 2,778} 2,686] 2,461] +34] 49.11 -4.3] 2,426] 2,978] 2,560] 2,068] +17.3] 2,426] 2,068
Communications equipment --| 10,420] 11,160] 9,747) -6.6) +1451 -10.1] 8,093] 14,607] 9.951] 6,254] 429.4] 8,093} 6,254
Electronic components .. . . +} 12,878) 17,721} 17,627] -27.3] +0.5| +35.9} 15,982] 16,472] 15,852] 18,008] -11.3] 15,982] 18,008
Transportation equipment . . . 53,436] 55,650} 44,899] -4.0] +239} -4.1] 51,150] 55,238] 45,416] 50,028] +2.2| 51,150] 50,028
Aircraft, missiles,
space vehicles, and parts. .....] 14,200] 15,354] 8,629] -7.5]_ +77.9) -17.1] 14,259] 19,021] 8,592} 15,041} -3.2] 14,259] 15,041
Shipbuilding and tanks 836] 2,241] 1,049) -62.7] 113.6 +4.7/ 652] 2,288} 1,044] 1,809] -64.0 652] 1,809
Instruments and related products ....| 15,563] 15,903] 14,816] -2.1|_ +7.3) +3.) 14,068] 17,807] 14,690] 12,806] +9.9} 14,068] 12,806
Search and navigation equipment . | 3,225] 3,429] 2,846] -5.9] +205] -29) 2,914] 4,472) 2,785] 2,728] +6.8] 2.914] 2,728
Measuring and controlling devices 4,771} 4,909] 4,429] -2.8] +108) +6.7] 4,282] 5,229] 4,474] 3,756] +14.0] 4,282] 3,756
Medical instruments and supplies 4,932] 5,043) 4,998) -2.2) +0.9} +3.3) 4,645] 5,509) 4,733] 4,473 -+3.8 4,645} 4,473
Alll other durable goods . 21,153} 21,231] 21,093] -0.4)  +0.7}  -0.6 18,803] 19,668] 20,612) 18,209] +3.3] 18,803] 18,209
Nondurable goods industries .......| 161,141] 161,318] 160,813] -0.1]  +0.3)  +1.6] 149,382] 156,449] 161,122] 137,585] +8.6] 149,382] 137,585
With unfilled orders... a 38,947] 38,765] 38,741) +0.5] +0.1] +1.6] 36,225} 38,243] 39,658] 34,752] +4.2] 36,225] 34,752

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


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

Seasonally adjusted

Not seasonally adjusted"

Monthly Percent Change Monthly Percent Year to date
Industry change
Jan.| Dec] Nov. | Dec. | Nov.-] Oct-| Jan] Dec.} Nov.} Jan, Jan
2000} 1999] 1999] Jan. | Dec.} Nov.} 20007] 1999'] 1999] 1999] 0/99 | 2000" | 1999
All manufacturing industries 371,670] 367,872] 364,971] +1.0]  +0.8}  +1.3} 334,173] 365,926] 364,779] 307,582]  +8.6) 334,173} 307,582
Manufacturing Industries
with unfilled orders . 212,281] 209,080] 207,251] +15] +0.9) +1.1) 187,068] 215,652] 208,276] 173,561] +78] 187,068] 173,361
without defense capital goods 365,419} 361,351} 357,815] +1.1]  +1.0)  +1.2) 329,122] 358,396] 357,046] 302,088]  +8.9| 329,122] 302,088
Durable goods industries 210,328] 206,480] 204,430] +1.9{  +1.0) +1.0] 184,733] 209,219] 203,877] 170,448]  +8.4| 184,733] 170,448
With unfilled orders 173,133] 170,241] 168,782] +1.7] +0.9|  +0.9) 150,785] 177,151 168,838] 139,260]  +8.3] 150,785] 139,260
Stone, clay, and glass products 8,887] 8,900] 9,003) -0.1) -L.1] +15] 7,687] 7,957] 8893) 7,119] +8.0] 7,687] 7,119
Primary metals 15,968] 15,763] 15,574] +1.3] +12) +2.5) 15,206] 14,447] 15,167] 13,586] +119] 15,206] 13,586
Blast furnaces, steel mills 6,146} 6,094] 6,059] +0.9] +06 42.8) 5,969] 5,587] 5,817] 5,236] +14.0] 5,969] 5,236
Iron and steel foundries 1,590] 1,575} 1,510] +1.0] +43] +291 1,469] 1,347] 1,456] 1,397] -+5.2{ 1,469] 1,397
Nonferrous and other primary
metals... ... : 8,232] 8,094 8,005] 41.7) +11) 42.2) 7,768) 7,513} 7,894 6,953] +117] 7,768] 6,953
Fabricated metal products : 20,708} 20,385] 20,713] +1.6] -1.6f  +2.1] 18,752] 18,867] 20,654} 18,557) +1.1] 18,752] 18,557
Industrial machinery and equipment . | 41,243] 38,698| 39,073| +66 -1.o]-1.0] 34173] 42025] 36,757] 30,343] +126] 34173] 307345
Engines and turbines . 3,265] 2,561] 2,677) +27.5]  -4.3) +22) 2,438] 3,219} 2,664] 1,894] 428.7) 2,438] 1,894
Farm and garden machinery 1,913) 1,854} 1,755] +32) +5.6 +117] 1,760] 1,354] 1,224) 1,733) +1.6 1,760] 1,733
Construction, mining and
material handling equipment 3,966] 3,829] 3,690] +3.6] +3.8]  -0.2} 3,538] 3,652) 3,392] 3,481f +16] 3,538] 3,481
Metalworking machinery 3,685] 3,728] 3,832) 1.2} -2.7] -4.0] 2,791] 3,890] 4,306] 2,694] 43.6) 2,791] 2,694
Computer and office equipment 12,899) 11,077] 12,036] +164]  -8.0]  -6.6f 9,620] 14,410] 11,187] 8,033] +19.8] 9,620] 8,033
Electronic and other
electrical equipment .: 37,828] 36,281) 35,605] +43] +1.9] +21) 32,328] 40,817] 36,912] 27,811) +16.2] 32,328] 27,811
Electrical transmission and
distribution equipment and
industrial apparatus . . 4,120] 3,971] 3,876) +3.8] +2.5] +3.2) 3,622] 3,957] 3,705] 3,176] +14.0] 3,622] 3,176
Household appliances 2,467} 2,369] 2,425] $4.1] -2.3] 43.3] 2,017] 2,296] 2,358] 1,825] +10.5] 2,017] 1,825
Electric lighting and
wiring equipment . 2,599] 2,649] 2,556} 1.9] 43.6] 42.7] 2,247] 2,941] 2,655} 1,966} +14.3] 2,247] 1,966
Household audio and
video equipment . . . 1,119} 988} 975] +1331 44.3) -2.0) 962] 955] 1,201 930] 43.4 962 930
Communications equipment 9,708} 8,819] 8,587] +101] +27] +05] 7,540] 12,160] 8,524) 6,134} +229] 7,540] 6,134
Electronic components 15,405] 15,161] 14,985] +1.6f +12} +2.8} 13,922) 16,234] 15,794] 11,993] +161] 13,922] 11,993
Transportation equipment 49,321) 50,125] 48,326] -1.6]  +3.7] +14] 44,633) 48,564] 49,461] 42,646] -+4.7) 44,633] 42,646
Motor vehicles and parts 34,788] 34,189] 33,239] +1.8| +29 +1.0f 32,566] 30,109] 33,932] 30,104] +8.2] 32,566] 30,104
Aircraft, missiles,
space vehicles, and parts. 11,016} 11,788} 11,477] -6.5] +2.) -0.1] 9,063] 14,445] 11,954] 10,070] 10.0] 9,063] 10,070
Shipbuilding and tanks 1,065 912] 1,003} +168] 9.1) +3.1 867| 1,058] 1,022] 786} +103 867 7186
Instruments and related products 15,253] 15,169] 14,992] +06] +1.2) +11] 13,357] 16,385} 15,110] 12,284 +#8.7] 13,357] 12,284
Search and navigation equipment 3,213] 3,191] 3,099} +0.7) 43.0 -2.3] 2,739] 3,555] 3,109} 2,728] +0.4) 2,739] 2,728
Measuring and controlling devices 4,549] 4,652] 4,471] -2.2 +4.0f +14) 4,060] 4,972) 4,516] 3,633] +11.8] 4,060] 3,633
Medical instruments and supplies 4,947) 4,823) 4,894) 42.6] -1.5] +1.) 4,430] 5,295] 4,777] 4,041] +9.6) = 4,430] 4,041
Photographic goods . 2,046} 2,011] 2,028] +1.7]  -0.8)  +6.1) 1,691 2,091 2,212) 1,479} +143 1,691 1,479
All other durable goods . . . 21,120) 21,159} 21,142] -0.21 +0.11 0.0} 18,597] 20,157] 20,923] 18,100] +2.7} 18,597] 18,100
Nondurable goods industries . 161,342] 161,392] 160,541] 0.0] +0.5]_ +1.7) 149,440] 156,707] 160,902] 137,134]  +9.0] 149,440] 137,134
With unfilled orders . . 39,148] 38,839] 38,469] +0.8| +1.0] +2.0] 36,283] 38,501] 39,438] 34,301] +5.8] 36,283] 34.301
Food and kindred products 41,877] 42,176] 42,363] -0.7] 0.4] +0.2) 39,257] 41,652) 43,223] 38,810] +1.2] 39,257] 38,810
Meat products. 9,169} 9,425] 9,440] -2.7] -0.2] +0.1] 8,624] 9,413] 9,630] 8,069] +6.9] 8,624] 8,069
Dairy products . 6,302] 6,336] 6,546] -0.5]-3.2) +18) 6,181] 6,256} 6,785| 6,508] —-5.0] 6181] 6,508
Beverages 6,610} 6,374] 6,475] +3.71 -1.6f +03] 5,751] 5,914] 6,188] 5,396] +6.6] 5,751] 5,396
All other foods, except fats and oils | 18,065] 18178] 18040] -06] +08] -0.2| 16970] 18:206| 18:758| 16910} +04] 16970} 16910
Tobacco products 4,393} 4,324] 4,475{ +16] -3.4) -0.6f 4,091] 4,016] 4,612] 3,820] +7.1] 4,091] +3820
Textile mill products 6,699} 6,615] 6,545] +13] +11] -14) 5,886] 5,966] 6,590] 5,769] +2.0) 5,886) 5,769
Broadwoven fabrics and
other textiles . . 3,639} 3,651] 3,681] -0.3] -0.8] +1.1] 3,308] 3,433) 3,588] 3,481] -5.0] 3,308] 3,481
Paper and allied products : 14,182} 14,376] 14,268] -1.3] +0.8)  +3.5] 13,653] 14,095] 14,095] 12,931 +5.6 13,653] 12,931
Pulp, paper, and
paperboard mill products 5,742| 5,697] 5,637] +0.8) +11) +74) 5,556) 5,622) 5,619] 4,983] +115] 5,356] 4,983
Paperboard containers and boxes 3,723) 3,707} 3,632) +0.4) +2.1] -0.1) 3,611] 3,521] 3,588] 3,275] +103) = 3,611] 3,275
Miscellaneous converted
paper products . . . 4,717) 4,972] 4,999] -5.1]  -0.5] 42.1] 4,486] 4,952] 4,888] 44,6731 -4.0| 4,486] 4,673
Chemicals and allied products 35,384] 35,636] 35,937] -0.7]  -0.8] +1.1] 33,247] 35,458] 34,579] 30,801] +79] 33,247] 30,801
Industrial chemicals. 15,821] 16,066} 16,215] -1.5] -0.9] +11) 15,142} 15,680] 15,843] 14.104) +7.4] 15,142] 14,104
Drugs, soaps, and toiletries 15,581} 15,555] 15,747] +0.2]  -1.2} +0.5] 14,605] 16,414] 15,513] 13,458] +85] 14,605] 13,458
Petroleum and coal products 17,779] 17,414] 16,634) +2.1]  +4.7} +64) 15,937] 17,075] 16,755] 9,819} +62.3| 15,937] 9.819.
Rubber and plastics products 14,162) 14,400) 14,339} -1.7) +0.4) +3.8) 13,072] 12,978] 13,816] 12,207) +7.1] 13,072] 12,207
All other nondurable goods 26,866) 26,451] 25,980] +16] +18) +11) 24,297] 25,467] 27,232) 22,977] +3.7| 24,297] 22,977

T Preliminary. 7 Revised.

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

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