ECONOMICS
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MERCE ==

BUREAU. OF THE

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MA

= WASHINGTON, DC 20230 CENSUS
Bureau of the Census For Release 8:30 A.M. EDT
For Data - (301) 457-4673 October 25, 2001
For Questions - Lee Wentela or Derrick Roy €B-01-175
(301) 457-4832 or (301) 457-4814
M3-1(01)-09

Special Notice: Because of the terrorist attacks of September 11, the Census Bureau aitered an option in its seasonal adjustment procedures used to
produce the seasonally adjusted data for the September release. This alteration ensured that the published seasonally adjusted values fully include the
effects of the attacks and eliminated the distortion that September's atypical events would otherwise have had on seasonal factors for September and
surrounding months. The revised seasonal adjustment option was used whenever the appropriate statistical test showed that the unadjusted September
value was not in a typical range. For further information, see http://www .census.gov/indicator/www/m3/sep2001 faq. html

ADVANCE REPORT ON DURABLE GOODS MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS
SEPTEMBER 2001

(All figures in text below are in seasonally adjusted current dollars)

© NEW ORDERS for manufactured durable goods in September, down four consecutive months, decreased $15.4 billion or 8.5 percent to
$165.4 billion, the Department of Commerce, Bureau of the Census reported today. This is the lowest level since August 1996. Excluding
transportation, new orders decreased 5.5 percent. Year to date, new orders are 12.8 percent below the sane period a year ago; new orders for
the third quarter are 4.8 percent below the second quarter.

Transportation equipment had the largest decrease, $8.2 billion or 15.9 percent to $43.5 billion; nondefense aircraft and parts decreased $3.3
billion or 46.6 percent to $3.8 billion. Computers and electronic products décreased $2.9 billion or 9.1 percent to $29.2 billion. Machinery
decreased $1.2 billion or 4.9 percent to $22.9 billion.

© SHIPMENTS of durable goods in September, down four consecutive months, decreased $10.2 -billion or 5.5 percent to $175.5 billion. This
is the lowest level since March 1997. Year to date, shipments are 7.4 percent below the same period a year ago; shipments for the third
quarter are 3.2 percent below the second quarter.

‘Transportation equipment iad the largest decrease, $5.3 billion or 9.8 percent to $48.6 billion; nondefense aircraft and parts increased $0.2
billion or 2.0 percent to $8.2 billion. Machinery decreased $1.6 billion or 6.7 percent to $23.0 billion.

* UNFILLED ORDERS for durable goods in September, down nine consecutive months, decreased $10.1 billion or 1.8 percent to $553.2
billion.
Transportation equipment, down four consecutive months, had the largest decrease, $5.2 billion or 1.8 percent to $278.8 billion; nondefense

aircraft and parts decreased $4.4 billion or 3.0 percent to $144.6 billion. Computers and electronic products, down ten consecutive months,
decreased $3.8 billion or 2.9 percent to $127.9 billion.

© INVENTORIES for durable goods in September, down eight consecutive months, decreased $2.9 billion or 1.0 percent to $292.5 billion.
Computers and electronic products, down seven consecutive months, had the largest decrease, $2.4 billion or 4.4 percent to $52.9 billion.

e CAPITAL GOODS INDUSTRIES, DEFENSE New orders in September increased $0.3 billion or 4.6 percent to $6.1 billion. Shipments
decreased $0.1 pillion or 1.0 percent to $6.6 billion. Unfilled orders, down four consecutive months, decreased $0.5 billion or 0.4 percent to
$122.4 billion. Inventories decreased $0.2 billion or !.3 percent to $18.1 billion.

© CAPITAL GOODS INDUSTRIES, NONDEFENSE New orders in September, down six consecutive months, decreased $6.7 billion or
11.4 percent to $52.3 billion. Shipments, down four consecutive months, decreased $2.0 billion or 3.2 percent to $59.6 billion. Unfilled
orders, down nine consecutive months, decreased $7.2 billion or 2.7 percent to $258.3 billion. Inventories, down eight consecutive months,
decreased $1.8 billion or 1.4 percent to $125.2 billion.

2 billion
jon revised from $564.0

D AUGUST DATA Revised seasonal j August figures for all manufactu
‘om $336.7 billion): new orders, $33 from $332.6 billion); unfill
inventories, $465.0 billion (revised from $465.3 billion)

Our internet site address is: http://www.census. go

sed and

This report presents advance information on twe key be
duied for}

nondurable goods Gata will be published November 2, 2



Table 1. DURABLE GOODS MANUFACTURERS’ SHIPMENTS AND NEW ORDERS
(Millions of Dollars)

‘Seasonally Adjusted Not Seasonally Adjusted ©
Monthly Percent Change Monthly Percent
Item Change
seo, | Aug vu | Aug- | vu | Jun- | Seo | Aug sep | Sep
2001? | 2001' | 2001 Sep? | Aug’ Jui 20017 | 2001" | 2000 | 100
DURABLE GOODS
Total:
Shioments... 175.521] 785,713] 187.584 ss] 1.0) 390.011] 487.133] 223.760] -15.1
New Orders... 165,444) 480/802] 181645] 8.5] 0.5 Weacr| Tero) erraa] te
Excluding transportation:
‘Shipments. 126,882) 131,819] 133,344 a7p 14 136,999] 131.209| 163,973] -16.5
New Orders... 121977] 129/107] 128.865, 5.5] 40.2 781) 126.566) 163.149] “19.8
Excluding defense:
Shipments... 167,845} 178,234} 180,190] 5.8] 1.4] 0.0] 181,559] 179,962} 216,699] -16.2
New Orders... 158:266| 174,203] 174/370] 9.4 0} 4.4] s711465 174.293) 221,228] “205
Primary metals:
Shioments. 31.445} 11,965] 12.101 s4ss7| 12.310] 13,781] 15.8
New Oraers.. 11357] 11.782] 111823] 10957] 44/877} 13.307] 177
Fabricated metal product
Shiome 20.985] 20.548] 20,401 24, +07] +15] 20.677| 21.685] 22.362) 7.5
Now Orders. ia634| 20,193] 20400) = -2.8} )-.of«+t.2} 49842] 211232) 217740] ‘87

7 23,003] 24.655] 24,607 6.7] +0. +17] 24,0401 23,5281 26,899} -10.6
New Orders. 22.863, 24.047] 23,610] 49) +19) 27] 23.989] 23.027] 27.4aal 126
Computers and slectronie products:
Shipments. 33,045 33,389] 35,357] -1.9| “5.6 4.4] 38,897] 31,025] 55,318) -29.7
New Orders... 291213] 32/153] 31.931 34] 407 6.0] 35.305] 28.374) 55.224) 38.1
Computers and related products:
Shipmer 7.857] 7,379] 8.510) +85] 13.3) ges} 6,403] 14,712] -34.4
New Orders. : es7e] 7.435] 8,165] 6.2] 89) e570] 81656] 141120] 30.3
Communications equipment}
‘Shipments... 6.348] 6,576] 35] 2.94 6.6] 7,600] 5,815] 14,871] -36.0
New Orders, . 3.573) 5.921 -39.7| 19] +14.4) 5.841) 3/989] 13,150} 55.6.
Semiconductor
‘Shipments... 6.258) 6.014] 6.615, 4.4 3.4 7.082} 5,779) 17,0621 -36.0
New Orders 6549] 5.647] 4.691] +160} 420.44 7,233] 5,296] 10,268] -29.6

Electrical equipment, appliances,
and components:

Shioments..... 9.830} 10.653] 10,493 +14 42] 40.911) 10512} 12,759) -14.5
New Orders. : 9455] 10.412) 10,85 23] 40.7} 10,208] 10,185] 12.353) 47.4
‘Transportation equipment
Shioments. 48,639] 53,896] 94,243] 2.3] +12) 53,012} 55,924] 59,787} -11.3
New Orders. 43467, 51.695, 52.787] 15.9] +10} 47.686] 52154] 64.504] -26.2
Motor vehicies and parts:
Shipments. 32,317] 38,000] 38,283] -15.9) -0.7| +41) 34,838} 40,154) 42,786] 18.6
New Orders... 32,119] 37.813] 38.078) 15.1 -0.7[ +38] 34:439} 391838] 42/473 -18.8
Aircraft and parts:
‘Shipments... sees 14,420) 10,788} 10,866 +34 12,243] 10,710] 11,549] 46.0,
New Orders... 6364] 8962] e809} -29 0} 8.269] 8.191] 78.593] -50.2
All other durable goods:
Shipments... | 29.488] 30,809] 30,382} 37] 40.7] 40.9) 30.877] 32.149] 32.854, 6.0
New Orders] 28.455} 30,520} 30349] 35] 40. +07| 30681] 31,871] 33.081] 7.3
Capital goods?
‘Shipments... 66,147] 68,190] 69,553] -3.0) -2.0| 73,188] 65,021} 87,529] 164
New Orders. vcs-n| 58.375] 64.847] 65/808) 10.0 15] 65.923) 58,621} 93.314] -284
Nondefense capital aoods:
‘Shioments. 59.563 51,538] 63,113 -3.21 -2.5| 86,030] 58.634) 81.410] -18.9
New Orders eons 52.317 591054) 58.476] 1114] -07| 60.044) 54,829] 88.200] 31.9,
Defense capital goods:
‘Shioments. - 6.584] 6,652] 6.440} -1.0 +3.3 35] 7.149] 6.387] 6.119} +188
New Orders, cosa] 5,793] 6.332 +46 85| +163) 5.882] 3.992} S114} +18.0

(NA) Not Available" Revised

' Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations; unfilled orders and total inventories a!
are not adjusted for trading-day or calendar-month variations.

F Based on advance sample, Estimates of manufacturers’ shipments, inventories, and orders are subject to survey error and revision. One major component of
, Fesponse and nonreporting. Since the survey panel is not a probability sample, estimates of sampling «
Industrial Reports

“Manutacturers' Shipments, Inventories, and Orders: 1982-2000."
* The Capital Goods Industries include Nondetens
hi

ing, oll, and gas fie



3
b Table 2. DURABLE GOODS MANUFACTURERS' UNFILLED ORDERS AND TOTAL. INVENTORIES
(Millions of Dollars)
‘Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change. Monthly Percent
Item Change
Sep ‘Aug Jul Aug; Jul Jun - Sep Aug Sep ep
20017 2001° 2001 Sep? Aug" Jul 20017 2001" 2000 91/00
DURABLE GOODS
Total:
Unfilled Orders... seo 953.188] 563,265] 568,176| “18 0.9} 546,137| 557,681] 583,303 64
Total Inventories......... ee 292.516 295,394 297,940) -1.0] 0.9) 290.515) 297,744 304,568} 46
Excluding transportation:

Unfilled Orders......... 274,357! 279,262] 281,974 1.8 1.0} 271,389) 277.607) 344.296} “13.7

Total Inventories. 218,369} 221,237) 223,556) 1.3) 1.0] 215,653} 222,424 (225,854) 45

Excluding defense:

Unfilled Orders 412.502) 422.084] 426.122] 2.3 0.9) -1.3} 408,951] 419.045| 445.750] 83

Total inventories. 274,294) 273897] 276.523] “40 “09 -110] 268,722] 275.674] 280,303! 44

Primary metals:

Unfilled Orders. 38.540} 48,628] 18.811 05 -1.9) 99) 37.998] 3pssg} to.75) 92

Total inventories. 20.421] 20,583 20,816 “0.7 212] 14} 20°369| 0553] 22864] 10.9

Fabricated metal products:

Unfilled Orders..... 41.203] 41.634] 41,989] -1.9 0.8) Oo 41.078] 42.0531 43,1591 49

Total inventories... 33/944] 34,024] 347116 70.2] “0.3! 0.7) 33'594] 33.984) 351033] 44

Machinery:

Uniiled Orders....ccccsceeeeeeeen 9.498} 59,644] 60,252 0.2 59.133) 59,384] 64.529) “84
Total Inventories. 5 14 50,314 50,622) 40.1 49,657] 50,324] 49,552, 40.2

Computers and electronic products:

Unfilled Orders... 127.857| 131,689] 132,925] 2.9) 2.5] 126,480] 130,051] 184,779] -18.3

Total inventories... 52.924) 55,365] 56,432 4.4) 1.9) 521036) 56.646, 56.364 77
Computers and related products:

Unfilled Orders. 9,231 10,112} 10,055] 8.7 +06 33) 8.248] 10,374] 10,197 3.3

‘otal inventories. 8.118] 8.572| 8.708 5.3) “16 0.3 7°782| 91061 8679) -10.3
Communications equipment:

Unfilled Orders. 41,362) 44,137) 44,792] 6.3} 15 15] 40,727| 42.486) 4g,e56} -18.6

Total Inventories... 91757] 10,850] 11,215] 10:4 3:3 24) 9.648; 10,900] 42076} -20.1
Semiconductors:

Unfilled Orders. 15,428} 15,137] 1,504] +19} “2.4 14.0) 15.484) 15,3131 29,208] 47.4

Total Inventories. 7,763 7.949| 7,980} 23 0.4 5.8 7415 81035) 7.107] +43

Electrical equipment, appliances
and components:
Unfiied Order

16,952] 17,327] 17,568] +09} 16,522} 17.227] 18,935] 12.7

Total Inventorie: 15.046 15.155) 15.226 16] 14.645] 15.084 15.140} 33
‘Transportation equipment

Unfilled Orders, 278,831} 284,003} 286,202 1.8) -0.8) 05] 274.748) 269,007] 42.4

Total inventories. 74.347| 74.157,“ 74.384) [ox] 03 0.2} 74/862| 78.694] 49
Motor vehicles and parts

Unfilled Orders.. 12,394] 12.592] 12.79) 15 -1.6] 11,829) 13.191] 10.3

Total Inventories. 24,153) 21.218 211522] 14) 08] 21,156! 23.183} 87
Aircraft and parts:

Unfilled Orders. 189.425} 194.184) 196,007 2.4) -0.9 20.5} 188.193) 192.167] 181.786] #35

Total Inventories 41,205| 411183] 40,980} +01 +04 +03) 44,7431 47.813} 43/008 23

All other durable aoods:
Unfilled Orders... cscs 10.307| 10.340] 10.429] 0.3) 0.
Total inventories. 45.670] 45,819} 46,344 a

Capital goods:?

Se
o
os

10.350] 10,546] 13.188)
0.9] 45.352} 45,823] 45911

Unfilled Orders... 380,696] 388,468] 391.811 -2.9) 0.9 -0.9| 375,395] 382.660 393,947 47

Total Inventories. : 143.353] 145.334] 446.132 Ta -05 0.8} 142.558] 747/099] 147'595} “34
Nondefense capital goods:

Unfilled Order 258,294] 265.540] 268.0241 27 0.9) 4.3) 258.189) 262,187] 271,813 BT

Total Inventories... 128.2321 126.982] 127.914 “14 -0.7 0.9] 123.964) 428.365] 427'740| 3.0
Defense capital goods:

Untilled Order 122,402] 122,928] © 123,787 0.4) -07| 0.1] 119,208) 120.473) 122,234] 24

Total inventories 78.121 18,352] 18.218 13; +0.7| 0.3) 18,594) 18.734 191855) 64

See footnotes at end of Table 1