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.
1995" 1995" 1995} Oct. | Sept.] Aug 195° 195° 1995 1994] 95/04
All manufacturing industries .. . . 417,816] 416,177] 413,146] +04] 40.7] —+0.2] 418,465] 415,390] 416,690] 389,437] 47.5
Manufacturing industries
with unfilled orders... ....... 281,214] 279,381) 277,423} 40.7] 40.7] = +04} 281,454] 279,017] 281,365] 258,333] — +9.0
without defense capital goods 396,364 | 394,437] 391,503} +0.5| +0.7{ +02] 396,703] 393,406] 394,591] 365,775] +8.5
Durable goods industries ...... 263,508 | 261,706] 260,091 +0.7 +0.6 +0.2] 263,774] 260,940] 262,762} 245,468 +75
With unfilled orders... 2.0.2... 241,582] 240,091] 238,557) +06] +06] +03) 242,180] 239,745] 241,675] 224,862] +77
Stone, clay, and glass products ... . 8,423 8,507 8,493 10] +02] +05 8,142 8,304 8,459 7,307, +114
Primary metals... 00.0... 21,839{ 21,896] 21,916 03 0.1 -0.3| 21,785] 21,859] 22,063} 20,264] +75
Blast furnaces, steel mills . 10,436} 10,505} 10,504 0.7 00] +03] 10467] 10.492] 10,545 9,768) +72
Iron and steel foundries 1,657 1,625, 1,624 +2.0 +0.1 32 1,621 1,591 1,610 1,525 +63
Nonferrous and other primary
metals......... 9,746 9,766| 9,788 0.2 0.2 -0.5 9,697 9,776 9,908 8971] 48.1
Fabricated metal products. | 25,117] 25,199] 25,429 -03 0.9 0.7] 24,658] 24,910] 25,485] 23,408] +53
Industrial machinery and equipment 53,278 53,072 52,841 +04 40.4 +0.4 53,724 52,889 53,599 49,801 +79
Engines and turbines : 3,743 3,773 3,819 -08 +12 0.9] 3,896 3,867 4,032 3871] +06
Farm and garden machinery. 2,582 2,631 2,677 “19 “17 “15 2,481 2,516 2,505 2,600 46
Construction, mining and
material handling equipment 6,543 6,514 6,466 40.4 +0.7 +0.2 6471 6,450 6,413 5,958 48.6
Metalworking machinery 6,334 6,344 6,284 02) +10} +07 6,385 6,446 6,491 5,657] +129
Computer and office equipment . 12,060} 11,728} 11,601] +28) 9 +1] +15] 12,518] 11,667] 12,231] 11,799] $6.1
Electronic and other
electrical equipment .......... 47,189] 46,262} 45,379 42.0 +19 +13] 47,170] 45,986} 46,072] 39,079] +20.7
Electrical transmission and
distribution equipment and
industrial apparatus . . . 4,923 4854 4841] +14] +03 03 4,925 4,834 4,933 4,620|  +6.6
Household appliances 2,739 2,748 2,822 03 2.6 “15 2,599 2,557 2,721 2,652 -2.0
Electric lighting and
wiring equipment ....... 3,329 3,282 3,297) +14 05] +05 3,332 3,257 3,353 3,045] 49.4
Household audio and
video equipment 1,688 1,648 1619} +24] +18] 433 1,686 1,744 1,769 1211] +39.2
Communications equipment 15,935} 15,453} 14,776] 43.1] $4.6) 42.5] 15,820] 15,202} 14,899] 11,743] 434.7
Electronic components 14,813] 14,513] 14,284] 42.1] +16] +21] 15,035] 14,568] 14,534} 12325] +22.0
Transportation equipment . . . 59,483] 59,184] 58.877] +05] +05 -0.3] 60,090] 59,420] 59,621] 59,683] -+0.7
Motor vehicles and parts . 12,002 11,961 12,147 +03 LS 2.8 12,137 12,097 12,348 12,012 +10
Aircraft, missiles,
space vehicles, and parts. 42,487] 42,382] 42,002] +0.2) +09] +03] 43,057] 42,610} 42,567] 43,541 -1l
Shipbuilding and tanks . 1,673 1,707 1,555 2.0] +98 47 1,623 1,645 1,565 1,439] +12.8
Instruments and related products 22,606] 22,414] 22,317] +0.9] +04] = 40.3] 22,812] 22,566] 22,682] 22,000] +3.7
Search and navigation equipment 5,398 5,398 5,368 00} +06 -0.2 5,456 5,484 5,497 5,544 -1.6
Measuring and controlling devices . 7348 7,294 7,289| +0.7) +01) +09 7/363 7,289 7371 6,622] +112
Medical instruments and Supplies : 6,394 6,245 6216| +24) +05) +02 6,477 6,248 6,307 6277, +3.2
Photographic goods : 2,596] 2,609] 2,575 05] +13) +04 2,651 2,693 2,642 2,694 -16
All other durable goods . . . 25,573} 25,172) 24,839] +16] +13] 40.3] 25,393] 25,006] 24,781] 23,926] +6.
Nondurable goods industries ...... . 154,308] 154,471] 153,055 0.1 +09 154,691] 154,450] 153,928] 143,969
With unfilled orders . . 39,632] 39,290] 38,866 +09 +h 39,274] 39,272] 39,690} 33,471
Food and kindred products 31,541] 31,439] 30,747] +03] = +23 33,306] 32,026] 30,775} 32,900
Meat products. 31844 3,824 3,605) +05} +61 3,867 3,821 3,602 3,404
Dairy products . 2,668 2,586 2591] +3.2 0.2 2,660 2,366 2,655 2,737
Beverages 5,420 5,409 5197] +02] +4.1 5,512 5,439 5,096 5,383
All other foods, except fats and oils 17,736 | 17,739} 17,643 00} +05 19,315] 18,607] 17,923} 19,670
Tobacco products ... : . 5,581 5,672 5,502 “1.6 43.1 5,648 5,611 5,281 5,669
Textile mill products .. . 10,439 10,374 10,315 40.6 40.6 10,179 10,153 10,386 9,480
Broadwoven fabrics and
other textiles ....... 5,847 5,845 5,842 00} +01] +07 5,730 5,688 5,849 35357] +7.0
Paper and allied products . 16,619 16,408 16,066 +13 42.1 +14 16,300 16,199 16,081 13,247] +23.0
Pulp, paper, and
paperboard mill products 6,770 6,628 6383] +21) 438) 438 6,662 6,543 6,394 5334/4249
Paperboard containers and boxes 4,562 4,580 4,548 04 40.7 +0.2 4,430 4,560 4,557 3,306} = +34.0
Miscellaneous converted
paper products ........ 5,287 5,200 5135} +17] 413 -0.5 5,208 5,096 5,130 4,607] +13.0
Chemicals and allied products 35,974] 36,334] 36,143, 10] +05] +01] 35,581] 35,929] 36,012} 33,612] +59
Industrial chemicals . 18,110] 18347] 18,123 -13] +12] +05] 17,856] 18179] 18,027] 16,000] +116
Drugs, soaps, and toiletries . 13,197 13,294 13,218 0.7 +0.6 40.2 13,197 13,299 13,490 13,287 -0.7
Petroleum and coal products . 10,556] 10,767] 10,757 20] +01 -11] 10,793] 10.974] 10,927] 10,672) #11
Rubber and plastics products 14,178 14,192 14,251 0.1 04 -0.5 13,842 13,901 14,056 12,614 +9.7
All other nondurable goods ...... . 29,420] 29,285} 29.274] +05 0.0} +02} 29,042} 29,657] 30,410] 25,775] +12.7

* 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

340 340
320 320
300 300
280 280
260 260
240 i it L 1 1 i i 1 1 L lL it 1 240
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1993 - Oct. 1995
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

I/S Ratios UO/S Ratios
2.5 3.9
2.4 vos f4 3.8
2.3 3.7
2.2 3.6
2.1 3.5

2 3.4
1.9 3.3
1.8 3.2
1.7 3.1
1.6 3
1.5 2.9
1.4 2.8
1.3 2.7
1.2 J 1 1 i L 1 L 1 4 1 1 1 it 2.6

Oct Dec Feb Apr Jun Aug Oct Dec Feb
Oct. 1993 - Oct. 1995

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.
1995" 1995" 1995 | Oct. | Sept. | Aug 1995" 195° 1995 1994 | 95/04
UNFILLED ORDERS
All manufacturing industries 463,081 | 461,093 | 459,250 +0.4 +0.4 -0.2 | 458,107 | 456,637 | 459,284 | 446,834 42.5
Market categories :
Automotive equipment . . . 1,992 2,053 2,077 3.0] +12 -0.3 1,955 2,027 2,081 2,089 64
Home goods and apparel 9,439 9,523 9,850 09 33 9,108 9,867 10,756 10,072 9.6
Consumer staples see 1,796 L771 1958 | +14] -96] +10 1,805 1,826 2,027 1,568 | +15.1
Machinery and equipment . 188,513 | 186,694 | 183,063 ] +10] +20 -0.3 | 187,921 | 185,640 ] 182,717 | 180,558 +41
Business supplies... 2.0... 2... 6,101 6,129 6,405 -0.5 43 +12 5,987 6,179 6,502 5,726 +4.6
Construction materials
and supplies 15,855 | 15,880 | 15,989 0.2 07 +11 15,588 | 15,857 | 16,241 15,285 +2.0
Defense products : 102,810 | 103,572 | 102,848 0.7 40.7 +0.5 | 101,792 | 102,171 | 101,458 | 103,829 -2.0
Other materials, supplies and
and intermediate products . . 136,575 | 135,471 | 137,060 | +08}  -1.2 -0.7 | 133,951 | 133,070 | 137,502 | 127,707 +49
Durable goods industries :
Nondefense capital goods * 206,623 | 206,088 | 202,734 | +403] +17 0.4 | 206,314 | 205,115 | 202,387 | 199,454 43.4
Excluding aircraft and parts 98,629 | 98,577 | 97,473 +0.1 +11 -0.7 | 98,320 | 97,604 | 97,126 | 89,508 49.8
Defense capital goods‘ ...... 108,024 | 108,757 | 108,146 0.7 +0.6 +0.4 | 107,064 | 107,355 } 106,786 | 109,976 2.6
Durables excluding capital goods 124,913 | 122,276 | 123,229 | +22] -08 } +0.2 | 121,880 | 120,001 | 124.240 | 113,139 477
Miscellancous series :
Producers’ durable equipment . 223,628 | 221,376 | 217,679 +10 +17 222,938 | 220,619 | 218,251 | 213,571 +44
Household durable goods 5,986 6,022 6,031 -06 1 5,910 6,261 6,563 6,034 -2.1
Information technology industries 40,243 | 39,836 | 39317] +10] +13 40,474 | 39,798 | 39,553 | 36,721 | +102
Health care equipment
and products ».............. 6,018 5,628 5,667 | +69] -0.7 -0.6 6,019 5,628 5,667 6,589 8.7
TOTAL INVENTORIES
All manufacturing industries 417,816 | 416,177 | 413,146 40.4 +07 +0.2 | 418,465 | 415,390 | 416,690 | 389,437 47.5
Market categories
Automotive equipment 6,621 6,546 6,630 | +11 -13 “17 6,600 6,516 6,667 6,197 46.5
Home goods and apparel 34,108 | 33,952 | 33,832 | +05] +04 -O.1 | 33,231 | 33,793 | 34,519 | 31,042 +71
Consumer staples : 59,487 | 59,561 | 58,673 01] +15 -0.1 | 61,267 | 60,333 | 59,067 | 59,955 422
Machinery and equipment 103,828 | 102,388 | 101,267 | +14] +11 | +0.8 | 104,381 | 102,055 | 102,460 | 94.432 | +105
Business supplies 23,952 23,914 23,928 +0.2 -0.1 0.2 23,996 24,066 24,373 21,559 +113
Construction materials
and supplies 26,639 | 26,517 | 26,451 +0.5 +0.2 0.0 | 26,234 | 26,194 | 26,417 | 24,658 +64
Defense products 20,974 | 21,216 | 21,098 ll] +06 -0.5 | 21,232 | 21,424 | 21,509 | 22,756 6.7
Other materials, supplies and
and intermediate products . . 142,207 | 142,083 | 141,267 +0.1 +0.6 +0.2 | 141,524 | 141,009 | 141,678 | 128,838 49.8
Durable goods industries :
Nondefense capital goods * 98,737 | 97,399 | 96,003 | +14] +15 | +09] 99,430 | 97,037 | 97,389 | 89,240 | +114
Excluding aircraft and parts T1171 70,264 69,239 +13 +15 +10 71,567 69,870 70,389 62,911 +138
Defense capital goods * tases 21,452 21,740 | 21,643 13 +04 0.6 21,762 21,984 22,099 23,662 -8.0
Durables excluding capital goods 143,319 | 142,567 | 142,445 +0.5 40.1 0.1 | 142,582 | 141,919 | 143,274 | 132,566 +7.6
Miscellaneous series :
Producers’ durable equipment 164,613 | 163,086 | 162,171 +0.9 +0.6 +0.2 | 164,964 | 162,577 | 163,973 }| 151,574 +8.8
Household durable goods ...... . 904 14,823 14,703 40.5 +0.8 -0.6 14,705 14,724 14,974 13,834 +63
Information technology industries . ] 3525 | 37.733 | 36857 42.1 42.4 +1.7 | 38,968 | 37,511 | 37,769 | 33,542 | +16.2
Health care equipment
and products .............. 13,586 | 13,490 | 13,420 +07] +05 | +02 | 13,666 | 13,494 | 13,654 | 13,501 +12

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.
199s°| 1995"| 1995] Oct.}] Sept] Aug} 1995°] 1995") 1995] 1994] 95/94] 1995" | 1994

SHIPMENTS
All manufacturing industries... .. . | 303,155] 304,280] 303,021] -0.4] +04] +3.3) 311,752] 323,740] 303,622] 294,142] +6.0/ 2,992,606 ]2,787,374
Market categories :
Automotive equipment ... | 14,606] 14,880] 14,460] -1.8]  +2.9} +16.7] 15,844] 15,227] 13,993] 15,026] +54] 143,336) 139,048
Home goods and apparel .......] 19,721] 19,704] 19,715] +0.1] -O.1) +11) 22,364) 22,249] 21,087] 22,118) +1.1] 197,545] 191,213
Consumer staples 61,651] 61,134] 61.450] 40.8] -0.5| +1.0) 63,626] 65,791] 62,873] 60,709] +4.8) 606,472] 584,667
Machinery and equipment ...] 35367] 55:885] 54,743) -0.9] 42.1] +5.7] 54,906] 60,237] $1,620] 49,965] +9.9) 534,594] 486,150
Business supplies . = 22,621) 22.747] 22,791] 0.6} -0.2| +0.7| 23,643) 23,607) 22,885] 22,202] +65) 224,434) 208,877
Construction materials
and supplies ....---.....- 18,872] 18,852] 18,881] +0.1] -0.2| +1.8] 19,967] 20,226] 19,868} 19,342] +32] 188,206] 180,536
Defense products : . 6774] 6.846} 6,979] -L1]-1.9] +26) 6,607} 7,523 6,853] 7,173] -7.9] 68,640) 71,743
Other materials, supplies and
and intermediate products ..... . | 103,543} 104,232] 104,002] -0.7] +0.2) +3.0] 104,795] 108,880] 104,443) 97,607) +7.4]1,029,379] 925,140
Durable goods industries :
Nondefense capital goods * . . 42,953| 43,587] 42,517] 1.5] +2.5] +3.6] 41,065] 48,341] 39,669) 36,601] +12.2] 412,694) 363,475
Excluding aircraft and parts 38,307 38,686] 37,638] -1.0] 42.8] +3.8) 36.815] 43,014] 35,295] 32,416) +13.6] 364,173} 316,714
Defense capital goods * ....... 6347] 6.380 6,503] -0.5) -1.9] 42.1] 6,199] 6,997] 6,329) 6,658] -6.9] 63,494) 67,143

Durables excluding capital goods 115,329] 115,972| 115,176] -0.6]  +0.7)  +6.1) 121,292] 121,909) 115,258} 114,298 +6.1} 1,135,958 |1,065,262

Miscellaneous series :
Producers’ durable equipment 103,016] 106,060] 104,960] -1.0] +1.0] +7.1] 107,384] 113,371] 100,950] 100,222] +71] 1,026,419} 960,674
Household durable goods . ‘| 8,693] 8,634] 8.6771 +07]  -0.5] +29} 9.731] 9,874] 8,966] 9,245] $5.3) 84,636] 80,505
Information technology industries 21,537| 21,378) 20,770) +0.7| +29} +4.2) 20,167] 24,985] 19,165} 17,262) +16.8) 198,343) 171,747
Health care equipment
and products ..............-] 8,967] 8,718] 8,911] 42.9] -2.2) +18] 8,927] 9,654] 8,959] 8,490] +5.1] 86,956] 84,683

NEW ORDERS

All manufacturing industries . | 305,143] 306,123] 301,903] -0.3]  +1.4] — +2.7] 313,222) 321,093] 301,043] 295,062] +6.2 2,998,945 }2,795,850
Market categories :
Automotive equipment ...... 14,545] 14,856] 14,452] -2.1) +28] +16.8) 15,771] 15,174] 14,000} 15,041) +4.9) 143,145} 139,235
Home goods and apparel... . . 19,638] 19376] 19,401] +14] -0.1) +4.1] 21,606] 21,360] 20,802) 21,352] +1.2) 198,326] 192,623
Consumer staples : ~..| 61,677] 60.947] 61.470] +1.2|  -0.9]  +0.8] 63,605] 65,589] 62,924] 60,694] +4.8) 606,646) 584,757
Machinery and equipment . 57,185] 59.517] 54,115] -3.9] +10.0] +6.3] 57,187] 63,159] 50,829) 50,355} +13.6) 541,683} 486,485
Business supplies ............-] 22,593] 22,472) 22,867] +0.5] -1.7] +0.5] 23,452) 23,284] 23,032) 22,277) +5.3] 224,613) 209,236
Construction materials
and supplies cece esses ss] 18,846] 18,743] 19,053] +0.5] -1.6] +19] 19,698] 19,843] 20,047] 19,409) +1.5] 188,356} 181,945
Defense products ........... 6.012, 7,570 7,443) -20.6]  +1.7] +29.7] 6,228] 8,236] 6,406] 6,963) -10.6] 63,194) 64,661
Other materials, supplies and
and intermediate products 104,647] 102,642] 103,102] +2.0] 0.4] 0.1} 105,675] 104,448] 103,003] 98,971] +6.8| 1,032,982] 936,908
Durable goods industries
Nondefense capital goods’ ......| 43,488] 46,941 41,676] 7.4 +12.6  +3.6| 42,264) 51,069) 38,980] 37,233] +13.5] 419,092] 365,592
Excluding aircraft and parts -| 383359] 39:790] 36,924] -3.6] +7.8| +3.0] 37,531] 43,492] 34,733] 34,911] +7.5] 371,486] 330,564
Defense capital goods * . . . 5,614] 6,991] 6,942] -19.7] +0.7] +394] 5,908} 7,566] 5,858) 6,591 -10.4] 57,453} 59,981

Durables excluding capital goods 117,966] 115,019] 115,464) 42.6) -0.4]  +4.1] 123,171] 117,670) 114,903} 115,015} 47.1] 1,143,411 {1,075,249

Miscellaneous series :
Producers’ durable equipment 107,268] 109,757} 104,113] -2.3] +5.4]  +7.3) 109,703} 115,739} 100,404} 101,479] +8.1] 1,035,643] 968,102
Household durable goods ‘| 8657} 8.625] 8.559] +04] +08] 40.1) 9,380) 9,572] 8,921] 8,952) +4.8] 85,349) 81,704
Information technology industries 21,944] 21897] 20109} +0.2] +89) +0.7] 20,843] 25,230] 18,576) 18,221] +14.4) 201,888] 176,382
Health care equipment
and products . . . wees 9,357} 8,680 8,874] +78] -2.2] +18] 9,317] 9,615] 8,922] 8,539) +9.1 86,653] 83,785

* 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; steam, gas and hydraulic turbines; internal combustion engines;
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipmet

industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, spa
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.


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
1995" 1995° 1995 1995 199° 1995" 1995 1995
All manufacturing industries... . 138 137 136 141 277 2.74 2.14 2.84
Durable goods industries .......... 1.60 1.58 158 1.66 3.34 3.30 3.30 3.42
Stone, clay, and glass products 116 Lis 116 17 117 118 115 114
Primary metals... 2.2... 146 147 147 150 1:87 1.86 186 186
Fabricated metal products 1.57 1.58 1.58 1.62 1.44 1.45 1.43 1.48
Industrial machinery and equipment . 167 165 168 174 241 2.40 2.46 287
Electronic and other
electrical equipment .......... 172 1.67 1.67 174 2.07 1.98 2.00 23
Transportation equipment . . on 1.54 1.49 1,52 1.70 11.44 11.00 10.92 11.30
Instruments and related products |. |! 196 1.95 191 2.00 3.96 3.94 393 44
Nondurable goods industries ........ Li 112 1.10 Li 0.66 0.67 0.70 0.74
Food and kindred products - 0.84 : 0.84 0.85 (x) (x) (x) (x)
Tobacco products ...... 1.86 219 193 181 (x) (x) (X) (x)
Textile mill products: un 1.66 1.66 1.67 (NA) (NA) (NA) (NA)
Paper and allied products. 2.2. | 118 116 14 1g (NA) (NA) (NA) (NA)
Chemicals and allied products 116 119 117 116 re) &) X) (x)
Petroleum and coal products 0:86 0185 0.84 0.85 &%) &) (X) &)
Rubber and plastics products | 142 1:40 141 148 &) (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
Oct. Oct. Oct Oct.
Oct? | 1994- Oct? | 1994- Oct? | 1994 Oct? | 1994-
Oct. | 1990-} Sept] Oct! | 1990- | Sept. | Oct! | 1990-] Sept. | Oct! | 1990- ] Sept.
1995} 1994} 1995] 1995] 1994] 1995} 1995] 1994] 1995] 1995] 1994] 1995
All manufacturing industries... . (x) ol 4 ea) 0.0 02 (x) 0.0 O14 es) 0.0 Ou
Durable goods industries 0.1 0. 02 -0.1 0.1 02 0.0 0.1 0.1 (x) 0.1 0.0
Stone, clay, and glass prod (X) 06 06 (X) 14 ia (xX) 09 05 &) 03 01
Primary metals... . . “0.1 03 0.5 -0.7 05 10 03 0.1 04 (&) 01 02
Fabricated metal products ....... (X) 02 03 (X) 04 06 (X) 02 03 &) 01 02
Industrial machinery and equipment 0.0 05 04 0.0 0.7 06 03 01 01 &) o1 01

Electronic and other

electrical equipment ........... 01 03 04 0.1 08 07 0.2 02 03 (x) O14 04
Transportation equipment ......... 0. 02 04 0.0 04 07 0.0 0.0 cmt &) Ol oO.
Instruments and related products . . (0) 03 03 9) 13 09 &) 03 02 &) 03 Ol
Nondurable goods industries ........ ~~ o1 1 (x) 01 o1 (x) 03 03 (x) 01 01
Food and kindred products |... |. &) 02 01 (x) © (x) (%) (%) ® & 02 02
Tobacco products . . (X) 03 0.1 (xX) &) (xX) (X) X} (X) (X) 0.0 0.0
Textile mill products... 22) OX} 02 02 &] wa] way (x) | aay] ay (X) 02 02
Paper and allied products ..... 2... & 01 02 (X) | (NA) | (NA) (X) | (NA) | (NA) (xX) 0.1 0.2
Chemicals and allied products (x) 01 02 &) (x) (x) (x) &) (x) &) 01 02
Petroleum and coal products : (x) 03 02 (xX) (&) &) (X) (xX) (X) & 0.1 02
Rubber and plastics products |... |; &) 02 03 (x) (x) (x) (X) &) (x) (x) 01 02

Capital goods industries
Nondefense 0.0 04 03 0.0 03 0.7 01 0.0 01 (x) 01 0.1
Defense ... 01 04 04 13 17 23 -0.1 01 Ol (x) 03 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 variability.


CURRENT INDUSTRIAL REPORTS

ron
a4

é

ores

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

Manufacturers’ Shipments,

Inventories, and Orders

October 1995
M3-1-(95)-10
For Wire Transmissions 10:00 a.m. E.S.T. December 7, 1995

Kathy Menth or Gloria Cable
(301}457-4804 or (301)457-4832

Summary

New orders for manufactured goods in October decreased $1.0
billion or 0.3 percent to $305.1 billion, the Department of Commerce,
Bureau of the Census reported today. This follows increases of 1.4 percent
in September and 2.7 percent in August and is the sixth decline this year.
Excluding transportation equipment, new orders increased $3.6 billion or
1.4 percent to $266.6 billion, the third consecutive monthly increase. Year
to date, new orders are 7.5 percent above the same period a year ago.

Shipments, down for the fourth month this year, decreased $1.1
billion or 0.4 percent to $303.2 billion, fotlowing increases of 0.4 percent
in September and 3.3 percent in August. Year to date, shipments are 7.6
percent above the same period a year ago.

Unfilled orders, up three of the last four months, increased $2.0
billion or 0.4 percent to $463.1 billion, following a 0.4 percent September
increase. The unfilled orders-to-shipments ratio was 2.77, up from 2.74 in
September.

Inventories increased $1.6 billion or 0.4 percent to $417.8 billion,
the thirteenth consecutive monthly increase and the twentieth in the last
twenty-two months. The inventories-to-shipments ratio was 1.38, up from
1.37 in September.

New Orders

New orders for manufactured durable goods in October decreased
$1.9 billion or 1.1 percent to $167.1 billion, revised from the previously
published 1.0 percent decrease, This follows increases of 3.0 percent and
5.1 percent in September and August respectively and is the sixth decrease
this year.

Transportation equipment had the largest decrease, $4.5 billion or
10.5 percent to $38.6 billion; led by aircraft and parts, all component
categories decreased. This follows increases of 10.6 percent in September
and 17.2 percent in August. Industrial machinery and equipment decreased
$0.3 billion or 0.9 percent to $31.8 billion, following increases of 2.2
percent in September and 5.4 percent in August. Electronic and other
electrical equipment, up three of the last four months, increased $1.7
billion or 6.1 percent to $29.7 billion, due to electronic components,
Instruments and related products, up two of the last three months, increased
$0.9 billion or 8.6 percent to $11.8 billion, following a 6.4 percent
September decline. Primary metals increased $0.2 billion or 1.5 percent
to $15.2 billion. New orders for nondurable goods, up six of the last seven
months, increased $0.9 billion or 0.7 percent to $138.1 billion, following
a 0.5 percent September decline. Increases, ted by paper ‘and allied
products, chemicals and allied products, tobacco products, and food and
kindred products, more than offset decreases, led by petroleum and coal
products and textile mill products

Shipments

Shipments of durable goods in October decreased $1.3 billion or 0.8
percent to $164.6 billion, revised from the previously published 0.7 percent
decrease. This follows increases of 1.1 percent in September and 5.3
percent in August. Transportation equipment, down for the sixth month
this year, had the largest decrease, $1.1 billion or 2.7 percent to $38.6
billion. "This follows increases ‘of 2.6 percent and 11.4 percent in
September and August respectively. Industrial machinery and equipment

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

decreased $0.2 billion or 0.6 percent to $31.9 billion, following increases
of 2.2 percent in September and 4.0 percent in August. Electronic and
other electrical equipment decreased $0.1 billion or 0.4 percent to $27.5
billion, following increases of 1.7 percent in September and 5.4 percent in
August. Fabricated metal products, up three of the last four months,
increased $0.1 billion or 0.7 percent to $16.0 billion.

Shipments of nondurable goods, up two of the last three months,
increased $0.2 billion or 0.1 percent to $138.5 billion, following a 0.3
percent September decrease. Chemicals and allied products, up for the first
month since July, had the largest increase, $0.5 billion or 1.6 percent to
$31.0 billion. Tobacco products increased $0.4 billion or 15.7 percent to
$3.0 billion, the first increase since July. Petroleum and coal products,
down four of the last five months, had the largest decline, $0.4 billion or
3.4 percent to $12.2 billion.

Unfilled Orders

Unfilled orders for durable goods in October increased $2.4 billion
or 0.6 percent to $439.6 billion, unrevised from the previously published
0.6 percent increase. This follows a 0.7 percent September increase and
is the third increase in the last four months. Electronic and other electrical
equipment had the largest increase, $2.2 billion or 4.0 percent to $56.9
billion, following a 0.7 percent September increase. This is the eighth
increase this year and the twelfth in the last fourteen months. Instruments
and related products, up for the first month since February, increased $0.2
billion or 0.5 percent to $45.6 billion. Primary metals, up for the third
consecutive month, increased $0.2 billion or 0.8 percent to $28.0 billion,
following a 0.1 percent September increase. Fabricated metal products,
down four of the last five months, decreased $0.1 billion or 0.6 percent to
$21.1 billion. Industrial machinery and equipment, down for the fourth
consecutive month, decreased $0.1 billion or 0.1 percent to $72.7 billion.
Transportation equipment decreased slightly to $199.4 billion. This
follows two consecutive monthly increases and declines in nearly every
month since September 1991

Inventories

Inventories of durable goods in October, up for the thirteenth
consecutive month, increased $1.8 billion or 0.7 percent to $263.5 billion,
following a 0.6 percent September increase. Electronic and other electrical
equipment had the largest increase, $0.9 billion or 2.0 percent to $47.2
billion. This follows a 1.9 percent September increase and is the twenty-
second consecutive monthly increase. Transportation equipment increased
$0.3 billion or 0.5 percent to $59.5 billion, following a 0.5 percent
September increase. Industrial machinery and equipment, up for the fourth
consecutive month, increased $0.2 billion or 0.4 percent to $53.3 billion.
Instruments and related products, up for the fifth consecutive month,
increased $0.2 billion or 0.9 percent to $22.6 billion

Inventories of nondurable goods, down for the first month since
September 1994, decreased $0.2 billion or 0.1 percent to $154.3 billion.
Declines, led by chemicals and allied products and petroleum and coal
products, more than offset increases, led by paper and allied products and
printing and publishing.

By stage of fabrication, finished goods increased 0.6 percent in
durables and 0.3 percent in nondurables. Work in process increased 0.1
percent in durables and declined 0.4 percent in nondurables. Materials and
supplies increased 1.5 percent in durables and declined 0.4 percent in
nondurables.

(SEE BACK COVER FOR 1996 RELEASE DATES)

The advance report on durable goods for November is scheduled for December 27, 1995 at 8:30 a.m. and the full report on January 4, 1996 at 10:00a.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 (301-457-1305)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

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1993 - Oct. 1995

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

11 11
New Orders
1Of------------------------ 2-2 ee eee ee ——" |4 10
Shipments
9} ---------- +--+ +--+ +--+ 22-2 ee ee ee ee 22 2 ee 49

5 1 1 it 1 1 1. J. i 1 1 1 1 1 5
Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct

Oct. 1993 - Oct. 1995

Note: All Charts based on seasonally
adjusted current dollars.

U.S. GOVERNMENT PRINTING OFFICE: 1995 404-450/20035


Table 7. VALUE OF MANUFACTURERS’

BY INDUSTRY GROUP
(Millions of dollars)

INVENTORIES, BY STAGE OF FABRICATION,

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Oct. Sept. Aug. | Sept- | Aug~ | July- Oct Sept. Aug. Oct. | Oct.
1995" | 1995" 1995 | Oct. | Sept. | Aug. i99sr | 1995" 1995 1994 | 95/04
MATERIALS AND SUPPLIES
All manufacturing industries 138,583 | 137,612 | 136,910 | +07 | 40.5 | +0.7 | 138,950 | 137,332 | 137,738 | 126489 | +9.9
Durable goods industries. ... | 81459 | 80,231 | 79,903 | +15] +04] +09 | 82,061 | 80,405 | 80,875 | 73,898 | +11.0
Stone, clay, and plass products . 2370 | 2/885 | 2889 | -05} -01 | +17] 21857 | 21883 | 2.914 | 2509 | +99
Primary metals - : 6.786 | 6,785 | 6,833 00} 07} +09} 6879] 6819 | 6914] 6419} +72
Fabricated metal products — 8579 | 594] 3854] -02] -29| -17 | sasr | ssor] 8gs2] 8214] +29
Industrial machinery and equipment 18,774 18,271 17,995 +28 +15 +17 18,975 18,179 18,327 16,422 +15.5
Electronic and other
electrical equipment 16,946 | 16522 | 16155 | +26] +23 | +37 | 16972 | 16535 | 16376 | 12,738 | +332
Transportation equipment . 9904 | 9849 | 9991 | 406] -14] -22] 9.951 | 91856 | 10,124 | 10,881 “8.5
Instruments and related products 7,219 7,139 7059 +11 +d +0.4 7,222 7,166 7,135 6,728 473
Lumber, furniture and
miscellaneous durable goods . . . . 10,381 | 10,186 | 10,127] +19] +06] +09] 10,754 | 10,376 | 10,203 | 9,897 +8.7
Nondurable goods industries 57,124 | 57,381 | 57,007 04] +07] +03 | 56,889 | 56,927 | 56,863 | 52,591 48.2
Food and kindred products 10,436 | 10,491 | 10269] -05] +22] +01 | 10,702 | 10183 | 9946 | 10,560 +13
Tobacco products..........- 4702 | 4,759 | 4.657 2] 422] +02] 4/588 | 4.632 | 4'516 | 4.620 -07
Textile mill products: : 3,015 | 3,020 | 2.994 702] +09] +04] 2912 | 2953 | 3,004 | 2,740 | +63
Paper and allied products 8263 | 8242 | 81202 | 403] +05] +100] 8213 | 8245} BI9r 6/820 | +204
Chemicals and allied products 11,665 11,671 11,707 0.1 03 04 11,613 11,593 11,715 11,276 +3.0
Petroleum and coal products 3259 | 3.324 | 3.277 20] +14 0.0 | 3,304 363 | 31352 | 3,048 +84
Rubber and plastics products | 329 | 5254] 5356] -24] -19} -09 | 51026 | 5227 | 5.286 | 4,726 | +63
Apparel, printing and publishing
and leather goods ........ 10,655 | 10,620 | 10,545 | +03] +07] +13] 10531 | 10,731 | 10,853 | 8,801 | +19.7
WORK IN PROCESS
All manufacturing industries 134,326 134,294 133,499 0.0 +0.6 0.1 136,194 135,469 135,235 130,990 +4.0
Durable goods industries . . . 109,490 | 109,370 | 108,762 | +0.1 | +06 | -0.1 | 110,631 | 110,187 | 110,465 | 106,393 +4.0
Stone, clay, and glass Products 328 | 1352] 1338 | -18] +10] -16 | 1248 321 339 ‘oor | +24.7
Primary metals °... . . 8262 | 8256] 8209] +01) +06] -01 | 8260] 8329] 8324] 7.446] +109
Fabricated metal products 81061 | 8/030 | 8024 | +04] +01 | -02 | 8069 | 8012] 8120] 71586 +64
Industrial machinery and equipment | 19,160 | 19,343 | 19,605 09 | -13 | -04 | 19,748 | 19,824 | 20,085 | 19310 +23
Electronic and other
electrical equipment wee 17,009 | 16848 | 16513 | +10] +20] -12] 17,103 | 16,794 | 16,722 | 15,960 +72
Transportation equipment... . 41,250 | 41,242 | 40,761 oo} +12} +06] 41.737 | 41,522 | 41,304 | 40,730 +2'5
Instruments and related products 9329 | 9303 | 9299 | +03 00} -01] 9426 | 9304 | 91512 | 9,266 +17
Lumber, furniture and
miscellaneous durable goods . .. . 5091 | 4,996 | 5013} +19] -03] -08 | soa] 4991 | 5,059] 5,094 “Ll
Nondurable goods industries 24,836 | 24,924 | 24,737 04} +08] -02 | 25,563 | 25,282 | 24,770 | 24,597 439
Food and kindred products . . 4,280 4,254 4,107 +0.6 +36 +01 4,864 4,354 3,777 4,691 43.7
Tobacco products ....... 172 237 304 | -274 | -22.0 | 435.7 244 294 240 266 83
Textile mill products. ° |: 2,780 | 2,775 | 2,750} +02] +09] +14] 2,771 | 2,791 | 2.773 | 2,548 +88
Paper and allied products 1,547 sia | Vara | 422) 427] +14] 1482] 1491 1502 | 1168 | +269
Chemicals and allied products 33584 | 5,623 | 5,580 | 0.7] +08} -04 | 51626] 51653 | 5,634 | 5,426 43.7
Petroleum and coal products 2082 | 2164 | 2165 38 0.0 00 | 2136 | 2228 | 21230 | 2.359 -9'5
Rubber and plastics products | |: 2063 | 2/036 | 2/037 | +13 00 | -18 | 2096 | 2,009 | 2,023 1917 493
Apparel, printing and publishing
and leather goods .........- 6328 | 6321 | 6320] +01 oo] 21] 6344 | 6462] 6591 | 6,222 42.0
FINISHED GOODS
All manufacturing industries 144,907 | 144,271 | 142,737 +1 0.0 | 143,321 | 142,589 | 143,717 | 131,958 +8.6
Durable goods industries ..... . 72,559 | 72,105 | 71,426 +10 | -0.1 | 71,082 | 70,348 | 71,422 | 65,177 49.1
Stone, clay, and glass products 4225 | 4270 | 4266 +01 | +04] 4037 | 4100 | 4,206 | 3.707 | +8.9
Primary metals... . 6791 | 6,855 | 6.874 03 | -17 | 6646 | 6711 | 6825 | 6399 | 439
Fabricated metal products © 8,477 8,575 8,551 +03 0.2 8,138 8,307 8,483 7,608 +7.0
Industrial machinery and equipment 15,344 15,458 15,241 +14 0.0 15,001 14,886 15,187 14,069 +6.6
Electronic and other
electrical equipment 13,234 | 12,892 | 12,711 +14] 417 | 13,095 | 12,657 | 12,974 | 10,381 | +26.1
Transportation equipment 83329 | 81093 | 81125 04] -23 | 8402 | 81042 | 81193 | 8,072 4411
Instruments and related products - 6,058 | 5.972 | 5,959 +02 | +09] 6.164 | 6,006 | 6,035 | 6,006 +26
Lumber, furniture and
miscellaneous durable goods . . . 10,101 | 9,990 | 9,699 43.0] +01 | 9,599 | 9639 | 9,519 | 8,935 +74
Nondurable goods industries 72,348 | 72,166 | 71,311 | +03} +12] +01 | 72,239 | 72,241 | 72,295 | 66,781 +8.2
Food and kindred products ..... . . 16,825 16,694 16,371 +0.8 42.0 -0.9 17,740 17,489 17,052 17,649 +0.5
Tobacco products 107 676 341 | +46} 425.0 | +118 816 685 525 783 +42
Textile mill products. | 4644] 4579 | 4571 | +14] 402] +01} 4496] 4409 | 4,609 | 4,192 +73
Paper and allied products 6809 | 6652 | 6390 | 424] +41] +18] 6605 | 6463 | 6,388 | 5,259 | +256
Chemicals and allied products 18,725 | 19,040 | 18856 7 | +10 | +05 | 18342 | 18683 | 181663 | 16,910 485
Petroleum and coal products 5215 | 5,279 | 53315 12] 07} 22] 5353 | 53383 | 5345 | 5265 | +17
Rubber and plastics products ..... 6,986 6,902 6,858 +12 +0.6 +0.2 6,720 6,665 6,747 5,971 +125
Apparel, printing, and publishing
and leather goods ae 12,437 12,344 12,409 +0.8 -0.5 +04 12,167 12,464 12,966 10,752 +132

* Preliminary. ‘ Revised.

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


Table 3. VALUE OF MANUFACTURERS’
(Millions of dollars)

UNFILLED ORDERS FOR INDUSTRY GROUPS

‘Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Oct. Sept. Aug.| Sept-]  Aug-} — July- Oct. Sept. Aug. Oct.| Oct.
1995° 195° 1995] Oct} Sept.| Aug. 1995” 195° 1995 1994] 95/94
All manufacturing industries... . . 463,081] 461,093} 459,250 +0.4 +0.4 0.2] 458,107] 456,637] 459,284] 446,834 +2.5
Manufacturing industries
without defense capital goods .... 355,057] 352,336] 351,104 +0.8 +04 -0.4| 351,043] 349,282] 352,498] 336,858 44.2
Durable goods industries 439,560] 437,121} 434,109 +0.6 +0.7 0.0} 435,258] 432,471] 433,413] 422,569 +3.0
Stone, clay, and glass products 8,027 7,996 7,949] +04 42.1 7,901 8,157 8,353 7,387) +7.0
Primary metals ........ 27,967} 27,754] 27,725] +0.8 +12] 26288] 26.412] 27,290] + 26,307 -0.1
Blast furnaces, steel mills 11,765 11,528 11,601 42.1 +14 11,000 11,011 11,555 10,689 42.9
Iron and steel foundries 3,689 3,700 3,704 0.3 +18 3,626 3,613 3,650 3,475 +43
Nonferrous and other primary
metals ....... 0.2... 12,513] 12,526] 12,420 or] +09} 40.7] 11662] 11,788] 12,085] 12,143 -4.0
Fabricated metal products bees 21,129 21,246 21,215 -0.6 +0.1 09 20,895 21,295 21,481 20,278 +3.0
Industrial machinery and equipment 72,696 | 72,796 | 72,801 -0.1 0.0 0.0] 72,456] 71,849] 72,308] 66,158 49.5
Engines and turbines ....... 10,157 10,263 10,131 -1.0 +13 -1.0 10,520 10,458 10,227 11,175 5.9
Construction, mining and
material handling equipment 8,372 8,123 7919] 43.1] +26 -02 8,230 7,835 7,653 6,883] +19.6
Metalworking machinery 10,506 10,757 10,912 23 “14 -19 10,506 10,757 10,912 OAIL] +116
Computer and office equipment 11,698 11,716 12,036 0.2 27 “19 11,920 11,669 12,260 11,779 +12
Electronic and other
electrical equipment .......... 56,876 | 54,691 $4,328 +4.0 +0.7 0.9] 56,057} 53,391 54,578] 45,342] +23.6
Electrical transmission and
distribution equipment and
industrial apparatus 5,680 5,730 5,995 -09 44 0.6 5,675 5,713 6,010 6,012 5.6
Electric lighting and
wiring equipment . ..... 3,797 3,863 3,979 “17 29] 433 3,797 3,863 3,979 3,679] +3.2
Communications equipment 17,813 17,566 16,284 +14 +79 23 17,844 17,573 16,207 14,207] +25.6
Electronic components . . 24,715] 22,483] 22,791] +9.9 14 -03| 23,850] 21,205] 23,058] 15,647] +524
Transportation equipment . . . 199,430 | 199,486] 196,102 00} +17] +0.1] 198,263] 198,159] 195,212] 200,604 “12
Aircraft, missiles,
space vehicles, and parts. 170,157] 169,580] 166,421] +03] +19] +04] 169,166] 168,369] 165,520] 171,466 -13
Shipbuilding and tanks . 16,688) = 17,115] 17,213 25 -0.6 -23| 16,737] 17,126] 17,245 16,362 423
Instruments and related products . 45,565] 45,317] 45,969] +0.5 14 -0.2| 45,576] 45,145} 45,595] 48,339 5.7
Search and navigation equipment 28,656| 28,958] 29,458 -10 “17 -0.6] 28,656] 28,760} 29,076} 31,817 99
Measuring and controlling devices . 10,049 9,922] 10035) +13 -l1} +09] 10,049 9,922] 10,035 9,088] +106
Medical instruments and supplies 5,989 5,599 5,636 47.0 0.7 0.6 5,989 5,599 5,636 6,556 8.6
All other durable goods ........ 7,870 7,835 8,020 40.4 23 -0.5 7,822 8,063 8,596 8,154 Al
Nondurable goods industries . 23,521 | 23,972] 25,141 -19 46 -3.8| 22,849] 24,166] 25,871] 24,265 5.8

” Preliminary. * Revised

See note at end of table 2 relating to survey variability


we

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

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

Oct.} Sept.] Aug. | Sept} Aug-| July-] Oct] Sept. | Aug] Oct. ] Oct.
1995" 1995" 1995 Oct. Sept. Aug. 1995" 1995" 1995 1994] 95/94 1995? 1994

All manufacturing industries. . .. . | 305,143} 306,123} 301,903] -0.3] +14) +2.7} 313,222] 321,093] 301,043] 295,062] +6.2] 2,998,945 2,795,850
Manufacturing industries

with unfilled orders see 169,094] 170,026] 166,381 -0.5) +2.2)  +2.3] 172,143] 178,633] 163,562] 159,098) +8.2] 1,644,739 |1,503,660
without defense capital goods . . . . . | 299,529} 299,132] 294,961] +0.1] +1.4] +2.1] 307,314] 313,527} 295,185] 288,471] — +6.5] 2,941,492 [2,735,869
Durable goods industries . . -- | 167,068) 168,951] 164,082] 1.1] +3.0| +5.1] 171,343] 176,305] 159,741] 158,839] +7.9] 1,619,956 1,500,822
With unfilled orders 134,114] 135,367] 131,462] -0.9]  +3.0] +3.4) 136,300} 142,335] 127,669] 125,099] +9.0] 1,294,742 1,184,632
Stone, clay, and glass products 7.270) 7,241) 7,490] +04] -3.3) +1.5] 7,608] 7,725] 8,145] 7.103] +7.1] ° 72,405] ° 67,722
Primary metals .... . tenes 15,194) 14,971 15,258] +1.5 “1.9 +66) 15,144) 14,448) 14,702] 14,463 +4.7) 149,816] 133,386
Blast furnaces, steel mills . . 6.651} 6.298] 6,400] +56] -1.6 +6.0] 6.518) 5,922] 6.370] 5,950] +95} 64,119] 58,562

Iron and steel foundries sees} 1268] 1317] Lani} 3.7] 6.7} 415.7] 1,413] 113401342] 1390) +1.7] 13,326] 12,516
Nonferrous and other primary

metals ........... vee 7.275) 7,356] 7.447] 1.1} 1.2) +5.4) 7,213] 7,186) 6,990] 7,123] +1.3] 72,371] 62,308,

Fabricated metal products 15,905] 15,939] 15,932 0.2) 0. +11) 16,523] 16,533) 16,341] 15,739} +5.0) 159,954] 152,339

Industrial machinery and equipmet 31,814] 32,109] 31,415] -0.9] +2.2] +5.4] 31,492] 34,629] 29,292] 30,041 +4.8] 310,336] 283,035

Engines and turbines... .. . 1,780] 2,060] 1,732) -13.6] +189} +5.7} 1,732) 2,451] 1,810} 2,140] -19.1] 17,833) 18,634
Construction, mining and
material handling equipment 3,523) 3,472) 3,258] +15] 46.6 -0.4] 3,685] 3,451] 3,012] 3,112] +184] 33,395] 28,464
Metalworking machinery... . 3,490] 3,307] 3,305) +5.5] +0.1] -5.8] 3,786] 3,609] 3,117] 3,295} +14.9] 34,571] 30,671
Computer and office equipment . 9,179] 8,906] 8,515] +3.1] +4.6) +4.5] 8,298) 10,980] 7,565) 7,728] «= +7.4) 83,465} 75,110
Electronic and other
electrical equipment .......... 29,686) 27,988] 26,683} +6.1 +49) 5.7] 30,308] 29,228] 26,026} 24,343 +24.5| 266,935] 223,433

Electrical transmission and
distribution equipment and
industrial apparatus ...........{ 2,747] 2,717] 2,957] +11] -8.1) 42.6] 2,656] 3,007] 2,924] 2,715] -2.2] 28,731] 26,371
Electric lighting and

wiring equipment ... .
Communications equipment

1,839] 1,836] 2,065] +0.2) -11.1] +66, 1,847] 1,988] 2,036] 2,013 8.2] 19,154] 18,219
6,836) 7,669) 5,808} -10.9] +32.0) -5.0f 6,533] 8,482) 5,222] 4,814) +35.7 61,864) = 47,351

Electronic components . . . 13,066] 10,668] 10,463] +22.5] +2.0] -16.0] 13,262] 10,029} 10,249] 8,731] +519] 106,340] 80,080
Transportation equipment ......... 38,573] 43,105] 38,988] -10.5] +10. +17.2) 40,687] 44,050] 36,588) 38,179]  +6.6] 381,518] 371,413
Aircraft, missiles,
space vehicles, and parts. ..... 8,556] 11,426] 8,991] -25.1] 427.1) +22.3] 8,401] 11,849] 7,634] 6,193) +35.71 80,120] 70,251
Shipbuilding and tanks ........ 340] 669470] -49.2) +423] +041 360] 689] 426] 537] -33.0] 6,028] 6,810
Instruments and related products . 11,763] 10,836] 11,577] +8.6) -6.4]  +6.6) 11,789] 12,062] 11,317) 11,402] +34) 111,239) 105,612
Search and navigation equipment 2,197] 2,014] 2,423] -+9.1} -16.9] 422.7] 2,240) 2,486] 2,307} 2,572) -12.9] 21,831] 21,903
Measuring and controlling devices 3,812] 3,650] 3,848) +4.4] 5.1] +5.0) 3,764] 3,966] 3,812} 3,307] +13.8] 36,891] 32,038
Medical instruments and supplies 3,478) 3,046] 3,115] +142] -2.2] +29] 3.3761 3.251] 3,071] 2,989] +12.9] 30,436] 28,744
All other durable goods .... . «| 16,863) 16,762} 16,739] +06] +0.1] +1.9] 17,792] 17,630] 17,330] 17,569) +1.3] 167,753} 163,882
Nondurable goods industries ....... 138,075] 137,172] 137,821] +0.7]  -0.5] +0.1] 141,879] 144,788] 141,302] 136,223] +4.21 1,378,989 |1,295,028
With unfilled orders . . 34,980] 34,659] 34,919] +09] 0.7] 1.8] 35,843] 36,298] 35,893] 33,999] +5.4] 349,997} 319,028

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


Table 1, VALUE OF MANUFACTURERS’
(Millions of dollars)

SHIPMENTS

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.
199s? | 1995"] 1995] Oct. ] Sept.] Aug.} 1995] 1995") 1995] 1994] 95/94 | 1995" | 1994
All manufacturing industries 303,155] 304,280] 303,021] -0.4] +04] +3.3] 311,752} 323,740] 303,622] 294,142] —_ +6.0] 2,992,606 [2,787,374
Manufacturing Industries
with unfilled orders 167,106] 168,183] 167,499} -0.6] +0.4)- +3.2| 170,673] 181,280] 166,141] 158,178] +7.9] 1,638,400 1,495,184
without defense capital goods 296,808] 297,900} 296,518} -0.4] _ +0.5] _ +3.3} 305,553] 316,743] 297,293] 287,484] — +6.312,929,112]2,720,231
Durable goods industries 164,629] 165,939] 164,196] -0.8]  +1.1] +5.3} 168,556] 177,247] 161,256] 157,557] +7.0] 1,612,146 1,495,880
With unfilled orders - | 131,675] 132,355] 131,576] 0.5] +0.6|  +3.7) 133,513] 143,277] 129,184] 123,817] +7.8] 1,286,932 1,179,690
Stone, clay, and glass products . . . 7,239] 7,194] 7,326] +06] -1.8] +1.5] 7,864) 7,921] 7,874) 7,263] -+8.2) 72,018] 67,154
Primary metals ........... 14,981] 14,942] 14,936] +0.3} 0.0] +1.6 15,268] 15,326] 14,956} 14,066] +8.5] 151,387] 128,627
Blast furnaces, steel mills 6.414] 6371] 6.235] +0.7] +2.2) 43.1] 6,529] 6,466] 6,244] 6,121] +6.7] 63,770] 57,585
Iron and steel foundries . . 1,279] 1,321} 1,346] -3.2]-1.9] 42.1] 1,400] 1,377) 1,373 1,347] +3.9] 13,387] 12,084
Nonferrous and other primary
metals 7,288| 7,250] 7,355] +05] -1.4) +03] 7,339] 7,483] 7,339] 6,598} +11.2] 74,230] 58,958
Fabricated metal products -- | 16,022} 15,908] 16,135] +0.7]  -1.4) +2.4) 16,923] 16,719] 16,449] 16,091] +5.2] 159,551} 152,107
Industrial machinery and equipment 31,914] 32,114] 31,431] -0.6] +2.2| +4.0} 30,885] 35,088] 29,198] 27,736] +11.4] 305,076] 269,855
Engines and turbines 1,886] 1,928] 1,833} +5.2| 44.8) 1,670] 2.220) 1,631} 1,712) -2.5] 17,937] 17,598
Farm and garden machinery 1739] 1,832) 1.887] -5.1]-2.9] +18} 1666} 1,597] 1,483] 1,847] 9.8] 18,915] 18,340
Construction, mining and
material handling equipment 3,274) 3,268] 3,276] +0.2]  -0.2} +14) 3,290) 3,269] 3,138} 2,887] +14.0) 32,164] 27,372
Metalworking machinery 3,741] 3,462] 3,519] +8.1]  -1.6] +1.6) 4,037] 3,764] 3,331] 3,376] +19.6] 33,642] 28,595
Computer and office equipment 9,197] 9,226] 8,746] -0.3] +5.5] +4.5] 8,047) 11,571] 7,716] 6,743} +19.3] 82,745] 70,582
Electronic and other
electrical equipment ....... 27,501} 27,625] 27,174 0.4] +1.7| +5.4) 27,642] 30,415] 26,775] 23,951] +154] 257,010] 222,529
Electrical transmission and
distribution equipment and
industrial apparatus 2,797) 2,982} 2,992] -6.2]  -0.3} +5.2| 2,694] 3,304) 2,948} 2,544] +5.9] 28,802} 26,129
Household appliances 1,994 1,994) 2,002] 0.0] -0.4] +69} 1,982] 2,133] 2,089] 1,856} +6.8] 19,303] 18,836
Electric lighting and
wiring equipment 1,905} 1,952] 1,939] -2.4] 40.7] 42.5] 1,913} 2,104] 1,910] 1,896] +0.9] 19,000} 17,777
Household audio and
video equipment . . . 12u1} 1,174] 1118} +3.2] +5.0] 4.0) 1671] 1,444] 1,204) 1,504] +111] 11,233] 10,156
Communications equipment 6,589] 6,387] 6,195] +32] 43.1] 42.0] 6,262] 7,116] 5,715] 5,121] +22.3) 59,024] 48,176
Electronic components 10,834] 10,976] 10,539} -1.3] +4.1]  +4.6 10,617) 11,882] 10,590] 8,431] +25.9] 98,422} 79,537
Transportation equipment ...... . 38,629] 39,721] 38,725} -2.7] +2.6 +114] 40,583] 41,103] 37,085] 39,792) +2.0] 386,429) 384,285
Motor vehicles and parts 28,074] 28,596] 27,812} -1.8]  +2.8| +16.5] 30,311] 29,119] 26,759] 29,090] +4.2] 275,717] 274,138
Aircraft, missiles,
space vehicles, and parts. 7,979| 8,267 8,257] -3.5] +0.1]  +0.8] 7,604] 9,000] 7,655] 7,840} = -3.0] 81,846] 82,810
Shipbuilding and tanks . 767] 767] 880} 0.0) -12.8] +121] 749] 808 862 846] -11.5] 8,230] 9,744
Instruments and related products . 11,515] 11,488] 11,691) 40.2] 1.7} +5.1) 11,358] 12,512] 11,477] 10,879) $4.4) 113,681} 108,667
Search and navigation equipment 2,499] 2,514] 2,588] -0.6]  -2.9] +7.6| 2,344) 2,802} 2,521] 2,326] +08] 24,882] 24,376
Measuring and controlling devices 3,685] 3,763] 3,760 -2.1] +0.1] +82] 3,637] 4,079] 3,724] 3,139} +15.9] 36,091] 31,782
Medical instruments and supplies 3,088] 3,083] 3,151} +0.2]  -2.2]  +2.8] 2,986] 3,288] 3,107] 2,940} +1.6| 30,739) 29,644
Photographic goods ..... . 1,832] 1,733] 1,783] +5.7] -2.8) +03) 1984) 1,913] 1,709] 2,091] 5.1]. 17,901] 19,132
All other durable goods ......... 16,828] 16,947] 16,778] -0.7]_ +1.0] +2.6] 18,033] 18,163] 17,442] 17,777] +14] 166,994] 162,656
Nondurable goods industries . 138,526] 138,341] 138,825} +0.1] -0.3]  +0.9] 143,196] 146,493] 142,366] 136,585] — +4.8] 1,380,460]1,291,494
With unfilled orders . 35,431] 35,828] 35,923] -1.1]  -0.3| +1.6] 37,160] 38,003) 36,957] 34,361] +8.1] 351,468] 315,494
Food and kindred Products « 37,392] 37,144] 36,818] +0.7} +0.9| +1.7]/ 38,893} 39,659] 37,450) 37,253] +4.4] 363,843] 355,301
Meat products . 8,664 8.965] 8,505] -3.4] +5. +1.0] 9,071] 9,476] 8,723) 8,486] +6.9] 83,952] 80,803
Dairy products 4818| 4,730] 4,656] +19) +16) +19) 4,784] 4,892) 4,743) 4,631] $3.3] 46,983) 46,321
Beverages ...... 5,663] 5,526] 5,660] +25] -2.4) +5.2] 5,561] 5,652) 6,218] 5,132] $8.4] 54,809] 52,571
All other foods, except fats and oils | 16,182) 16131] 16,163) +03] -0.2] +0.2| 17.412} 17:847] 15,932) 17227] +11] 159,203] 157,531
Tobacco products .......... 2,995] 2,588] 2,852] +15.7]  -9.3]  -3.8} 2,884) 2.808] 2,944] 2,679] +77] 28,541] 26,896
Textile mill products... . 6,100] 6,239] 6,232] -2.2) 40.1] +12} 6,408) 6,899] 6,623] 6,640] -3.5] 63,125] 62,027
Broadwoven fabrics and
other textiles ....... 3,775] 3,869] 3,856] -2.4] +0.3) 43.0) 3,832] 4,250] 4,034] 4,004] -4.3| 39,054} 38,379
Paper and allied products . 14,030] 14,131] 14,123] -0.7] +0.1] +1.6f 14,164] 14,540] 14,452] 12,369) +14.5] 138,637] 113,614
Pulp, paper, and
paperboard mill products . : 6,060] 6,188} 6,253} -2.1] -1.0) +1.0] 5,963] 6,260] 6,323} 4,937] +208] 60,216] 44,933
Paperboard containers and boxes ..} 3,805] 3,821] 3,754| -0.4] +1.8] +32] 3,915] 3,910} 3,893 3,352) +168] 37,225] 29,722
Miscellaneous converted
paper products 4,165] 4,122) 4,116] +1.0] +0.1) +1.0) 4,286) 4,370 4,236] 4,080] +5.0) 41,196] 38,959
Chemicals and allied products 31,019} 30,527] 30,842] +16} -1.0] -0.7] 30,206) 31,637] 30,765] 28,594) +5.6] 308,151} 283,742
Industrial chemicals 16,357] 16,420] 16,551] -0.4]  -0.8] -0.7] 16,046] 16,646] 16,643} 15,579} +3.0) 168,221} 148,682
Drugs, soaps, and toiletries 10,835} 10,377 10,613] +44) -2.2] +1.1) 10,943) 11,745] 10,782) 10,211] +7.2] 103,504) 101,355
Petroleum and coal products . . . 12,212] 12,637| 12,786] 3.4] -1.2] +0.5| 12,910} 13,265] 13,537] 12,509) +3.2] 129,601} 119,359
Rubber and plastics products 10,004] 10,110] 10,104) -1.0] +0.1] +4.1] 10,302] 10,480] 10,262) 10,074] +23] 101,526] 95,190
Alll other nondurable goods 24,774] 24,965] 25,068] -0.8] -0.4| +0.9] 27,429] 27,205] 26,333] 26,467] +36] 247,036] 235,365

* 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.