Table 3. VALUE OF MANUFACTURERS" UNFILLED ORDERS FOR INDUSTRY GROUPS

lions of Dollars)

‘Seasonally Adjusted

Not Seasonally Adjusted

‘Monthly Percent Change Monthly Percent
Industry Change
Feb. Jan. Deo. Jan.- | Dec.- | Nov. - Feb. Jan. Dec. Feb. Feb.
2002" 2002 2001 Feb. Jan. Dec. 2002" 2002" 2001 2001 02/01
All manufacturing industries. $38,451] 536,627] 543,837) +0.3) 546,700] 541,939} §39,719| 595,194
‘Excluding transportation. 264,445 267,179] 05] 267,063] 265.572] 263,076 310,319]
Excluding defense........ 387,200] 392,546] 0.4 392,552] 390,335] 388,325] 453,895]
Durable goods industries. 536,627| 543,837| 40.3 546,700| $41,939] 539,719] 595,194]
Primary metals. 16,880] 17,220] 0.9} 17,315 16,927] 16,587| 19,954]
8,229] 8,349| +03) 8.616} 8,226} 7,97| 91573
6.384] 6.621 19} 6.420} 6,388} 6,392} 8.119
2.267] 2'250| -17] 2.279) 2,313} 2,218} 2,262]
38,960] 39,591 04} 38,693) 38,556| 38,780| 42,902|
ichinery. 56,719] 57,990| 24] 306 57,044 56,862 65,017|
Construction machinery. 2,084] 2,069} -36 2'240| 2,188] 2,020 x
Mining, oilfield, and
‘gas field machinery. ..... 1,662] 1,653] +13) 4,701 1,636] 1,578} 1,464)
Industrial machinery.. 91389] 91596} 0.0 9,660} 9,491 91247 12,813]
Photographic equipment. 779] '809} +0.1 796] 776) 824
Ventilation, heating, air-conditioning,
‘and refrigeration equipment. 4,446| 4,342 40.1 4,450| 4431 4,148| 4,849
Metalworking machinery... 4,020} 4:100} 19) 3,981 3,935 3.891, 5,400
Turbines, generators, and other
power transmission equipment. 19,993] 20,7411 5.9) 19,082] 20,249) 20,835] 20,911
Materia handing equipment. 5,650| 5,837 13 5,599} 5,634 5,742] 6,261
‘Computers and electronic products... 125,256] 125,108] +05 127,710] 126,261) 124,264) 149,682]
Electronic computers. 9.679} 9154 +19) 776 9,334 9,407 10,223]
Nondefense communications
38,031 37,903 +0.3 . 38,567, 37,967] 47,096 |
2.413} 2.427 0.0 2,448} 2,443} 2,454 2,649|
15,128] 14,439] +6.) 16,487| 15,197 13,917] 22,708|
15,251] 15,479| ; 15,253] 15,543 15,273] 19,494]
4,106} 4,151 “1.6 A] 23 4,082} 4,070} 4,089) 5,064}
28,823 29,218 1.3) 14) 0.5 28,762 29,068] 29,269] 30,612|
11,825] 11,987] +08) Ad +07] 12,096| 12,042] 11,888] 11,836|
15,867] 16,445] 41.3] 16,503] 16,035] 16,189] 19,787]
1,523} 1,532] 40.5] 1,523} 1,496] 1,496] 1,578
1,049] 1,263] 0.5] 1,289] 1,260] 1,293] 1,422]
91606 9.870] +18 900) 9.623] 9,758] 10,124]
272,182 i ant -1.9] 279,637] 276,367) 276,643] 284,875]
11,780] 11,891 40.6 0.7] 12,537] 12,346] 11,938] 13,746]
130/828] 133,665) 04] 23] 131,417] 132,471] 133,834) 149,608]
56,701 56,601 42.9) 15] 58,366] 57,157 55,649| -45,806|
Ships and boats... 21,088 21,614 +70) 27) 23,358) 21,590 21,826 18,963]
Fumiture and related products. 6,454] 6,405} 06} +43) 6211 6,290| 6,157] 6.911

© Preliminary * Revised

‘See nole at end of Table 2 relating to survey error and revision.


Table 6. VALUE OF MANUFACTURERS* INVENTORIES, BY STAGE OF FABRICATION,

Y INDUSTRY GROUP
(Millions of Dollars)
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Chan; ‘Monthly Percent
Industry Change
Feb. Jan. Dec. Jan. - Feb. Jan. Feb. Feb.
2002” 2002" 2001 Feb. 2002" 2002" 2001 02/04
MATERIALS AND SUPPLIES
All manufacturing industries......-es-rore 144,623] 145,056) 146,418 -0.3| -0.9| 144,970] 145,637] 145,908] 163,560}
Durable qoods industries. 87,72 88,400 89,291 0.7] -1.0| 88,084] 88,789| 88,936] 101,846]
Wood products... 68 3,650 3,594] +1.0) +16) 3,79; 3 3,886| 3,942]
3,223 3,252 3,263] 09) 0.3] 3,215 3,278) 3,283} 3
264] 6.442 6.531 28) “14 6,180} 6,550} 6,751 7,493
10,233] 10,319} 10,022] -0.8| +30} 10,199] 10,334] 10,057| 11:15}
47,412] 17,290] 17,591 +1. 17] 17,251] 17,373] 17,239] 18,530]
Computers and eisai prodck 16,489} 16,761] 17,062 “1.6 1.8] 16,445) 16,486 16,619] 22,407]
Electrical equipment, appliances,
iponents... eee 5,297 5,336 5,445] 07] -20| 5: 5,328} 5,415} 6,469
“Tanspottaion equipment 16,163} 16,087| 16,407| 40.5] -20| 16,322] 16,270] 16,392| 18,473]
Fumiture and related products. 3,052 3,019 3,085] +n 24 059 3,025} 3,082} 3,581
Miscellaneous products, . ¥ 6,244 6.291 40.2) 07] 6.241 6,236} 6.212} 6.456
Nondurable goods industries... 56,857] 56,656 57,127] 40.4 0.8} 56,886 56,848) 56,972 61,714
Food products. . 10,231} 10,167] 10,220] +06] 05} 10,258} 10,335| 10,229) 10,693}
x 877] 5, 0.4} 40:3) 5,998 6,163} 6,058} 5,958
1.476] 1,484] 4,543] 05} 3.8) 1,491] 1,509] 1,535 1,309]
1,464) 1,47] Ek Ad 24 1,446] 1,453] 1,459) 1714
11842] 1,80} 1,875] 29} 40:3} 1,842 1,868} 1874] 2,403
'322| '330| 06] 2.4] 12 314] 321 4
7,323 7,324] 7,353] 00} 0.4] 7,382 7,368} 7,381 7717
2,449) 21529) 2'503| 32) +19) 2;394 2/493} 2aty 310011
Petroleum and coal products. ;! 3,262 31551 +83) -76| 3,422 3 3,404} 3,879
Basic chemicals. 15,420] 15,351] 15,438] +0.4 0.6} 15,384] 15,326| 15,368] 16,537|
Plastics and rubber prod 6.929} 6.963} 6.944) 05} +403 6.957] 6: 6,932} 7,476
WORK IN PROCESS
All manufacturing industries. 131,293] 131,796] 132,095} 0.4] 0.2} 131,143] 130,362}
Durable goods industries... 103,438} 103,976] 104,576] 0.5) 08} 103,294) 102,601]
‘Wood products. 1,89: F F +14 +05] 1,924 1,862|
‘Nonmetallic mineral products. 1,269] 1301 1,346] 25] 33) 1321] 1,324]
6.536} 03} 17] 6: 6,558)
10,732 10,71 11,189] 0.3} 3.8] 10,710] 10,644]
13,904] 13,934] 14,049] 02] 08} 13,872] 13,469]
17,004] 17,213) 17,306| 12 05} 17,069] 16,884]
¥ 3,360] 3,386] 1.8] 0.8} 3,316 3,308
44,3281 44.431 44,229 02] +05 44,102| 44,089)
1,509] 1,524] 1,508] “1.6 +14 1,508] 1,533]
Miscellaneous products. 3,026 3,046 31081, 07] 05} 2,966] 21939
27,855 27,820] 27,519| +0.4] 1.4] B49] 27,761
2.474 2,486 z 05} +09} 2461 2557
3,326 3,308] 3,239) +05) 424 462 3,470
1,427| 1,440] 1,477] 0.9} 25] 1,437| 1,448]
'876| 407 0.9}
1,587| 1,602 1,625| 0.9} 14 1,588] 1.594
142| 146} 27] 5.2] 140} 1
1,359] 1,391 41,401] 23 0.7] 1,399} 1,451]
1,606] 1,684] 1,749] 48 3.2] 1532 1,614]
565 2.619} 21605] 2.4 405 2'515| 537
10,142] 91941 91572 42.0 +39) 10,041) 9.712}
345 2327] 2;367 40.8 a7] 2,409} 2,369)
165,839] 166,792] 168,748 06] 1.2] -0.6| 168,048] 165,955]
87,276| 87,642| 88,851 04) Be! 0. 88,898| 87,124]
ucts... 3,633} 3,714} 3,602 22] +344 | 3,740} 3.678}
Nenmetalie mineral prods 4,627 4,644 4,752 4 23) 1.3] 4,786} 4718}
Primary metals. 6,370] 6,377 6.5911 0.4 3.2] | 6,498} 6,418]
Fabricated 14,103} 14,241] 11,339] 12) 08) 2.0 11,323] 11,229)
16,822] 16,854] 16,920] 0.2) 0.4] +02 17,404} 16,989]
14,610] 14,819| 14,912] 14] 0.6] 4.4] 14,926] 14,898]
5,843 5,824 5,824] +03] () 0.2) 6,057 5,809}
12,868] 12,719] 13,373] +12 49] +15) 12,727] 12,088}
2914 x 3,025] a4 -3.9) 2.830 21928}
Miscellaneous products........ 8.486 8.458 8: ¥ 08] +13) 8,610 8,369}
Nondurable goods industies. 78,563 79,150] 79,897| 07 0.9} 0.4 79,150] 78,831
17,001] 16,999] 16,885] 0.9} +07] +08 17,100 16,935|
Boverae ‘and bacco duds . 4718) 4,753} ¥ 07] 17] +3. 4,738} 4,700}
2,852 2,881 2,999) .0| 3.9} 1.2} 2,863} 2,853]
2.010 2.029) 2,036 0.9} 03} 03} 2021 2,038
Apparel 5,068 5,208] 388 .7| 33} 25) 4:967| 166
Leather and ailied products. '905] 918] 3 “14 1.9} ‘368| ‘883|
Paper products. 6,754 6,767| 6,821 02 0.8} 0.2) 6,832} 6,782
1,662] 1,732] 1,679] -4.0) +3.) 12} 1/599] 1,591]
5,556 51524 5: +048 07] 03} 5,390] 5,313]
24,422 24,653 24,986| 09} 13 0] 24,842| 24,742
Plastics and rubber products, 636 7,699 7,786 0.8} 1] 0.8} 7,930] 7,828

° Preliminary * Revised
See note at end of Table 2 relating to survey error and revisions.


Table 2. VALUE OF MANUFACTURERS’ NEW ORDERS FOR INDUSTRY GROUPS

lions of Dollars)
Seasonally Adjusted Not Seasonally Adjusted '
‘Monthly Percent Change Monthly Percent Yoar to date
Industry Change |
Feb. van. | Dec, | Jan.- | Dec.-| Nov.-| Feb. van. | Dec. | Feb. | Feb.
2002" | 2002" | 2001 | Feb. | Jan. | Dec. | 2002" | 2002 | 2001 | 2001 | 02/01) 2002" 2001
‘All manufacturing industries. +11] 40.7] 316,655] 300,326] 920,151] 336,060] 5.8] 616,981]
+05] +05] 260,346] 251.645] 287,086] -9.3) 511,991] 557,978
+12] +06) 306,940] 293,442] 329,629] 6.9] 600,382] 640,138
Durable qoods industries... +16] +09) 178,129] 163,689] 105,827] -4.1] 341,818] 359,540
Primary metals... +23] 0.4] 11,346] 11,269] “124 22.615] (25,436
1 ¥ si67| 5,043] Ti] 10.210] 10,898
5012| 4,965] 739) 9977} 12,035,
4.167] 1.261 9.3} 2,428) 2,503,
19,395] 18,319] -34) 37,714) 39.531
21,595] 19,939] -145] 41534] 48,737
1613] 1,454] -10.7| 3067 | 3,328
1,008] 980] 14) 1,988| 2,086
31160] 3,082] “15.4 6.212] 8047
1.120) 1,087 5 2217] 2.135
23 2,396] 9.8} 4,695) 5,070
11910] 1.642] -15.4| 3,582] 4.151
2,142] 1,935} 39.3) 4,077| 6547
‘4o7| 11345] 26.6] 2,752) 3,804
31851] 30,340] -16.6] 62,191) 74.328
4.816] 4.393) 279) i 12,531
5.041] 4,642) 9gax] 19.58
305} 273} 578)
6989] 7,181 . 1atro] 14808
3,783] 3,526] 3.772| 41613} z 10,092
et 683] 604] 697 780| 4,287] 1,363
1591] +40) 1,408] 1,263] 2,934) 2,158 2.671 3,858
5 1.9} 5016] 4.7291 6,515] 5,082] 9,745) 9,853
9622] +55 9606] 8,012] 9,655] 11,508] -16.5] 17,618] 21.328
a4 +19) 1,207] ‘oee} 1,342] 1.27352 2.195} 2335,
2193] 48.3 2,006] 1,695] 2,184! 958] +25) 3.7011 3,767
2e72] +133 2953] 21125] 2,903] 3.321) 14.4 4.978 6.054
¥ +109 56,309] 48,681] 52,821] 48,961] +15.0] 104.990] 94.608
16.548] 1.4 17,368] 16,314] 14.465] 17,255] +0.7| 33,682) 32,498
5.210] +576 6701] 4,245] 9,055] 6.866] 2.4] 10,946] 13,848
11832] +355] 3.834] 3,760] 3,660] 2,182] +75.7| 594] 4.639
‘Ships and boats... 1123 1623] 3578] 1,199] 1,927] 11262) 1835] 477] 2.453
Fumiture and related products. Bir 54 5,655] ‘608] 6,099] 198] 8.8] 111263, 12,088

Preliminary * Revised

* Shioments and new orders are the totals for the period and are adiusted 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, nonreporting
error cannot be calculated. Further details on survey design, methodology, and data limitations are contained in our mast recent annual benchmark publication,

response, and

19. ‘Since the survey panel is not a probability sample, estimates of sampling

Current industrial Reports: M3-1(00), "Manufacturers’ Shipments, Inventories, and Orders: 1992-2000."


Table 4. VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS

{Millions of Dollars)
‘Seasonally Adjusted Not Seasonally Adjusted
‘Monthly Percent Change Monthly Percent
Industry Change
Feb. Jan. Dec. van.- | Dec.- | Nov. - Feb. Jan. Dec. Feb. Feb.
2002" 2002" 2004 Feb. Jan. Dec. 2002" 2002" 2001 2001 02/01
4ai7ei] 443,644) 447,261 0.4] 0.8) 444,161] 441,954] 436,359] 487,724]
368,402] 370,407| 373,252 0.5] 0.8] 374,010] 369,507] 364/937| 411,286]
418,851] 420,880] 424,261 0.5] 0.8] 421,280] 419,428] 414,196] 464/961]
278,486] 280,018, 282,718] 0.5] 1.9) 280,276} 278,514] 274,241] 313,148]
Wood produets.......-. - 9,213} 9,230} 9,052 0.2] +20) 9,456) 9,449} 9,081 10,249)
Nonmetallic mineral products......... 9,119} 9,197 9,361 0.8] 18] 9,322 9,320} 9.219]
Primary metals....-<....-csoevereson 19,115] 19,355| 19,768| 1.2] 24 19,164] 19,526 19,863]
Iron and steel mills. 7 10,247] 10,414] 10,587| 16] 17] 10,214] 10,504] 10,750}
‘Aluminum and nonferrous metals, 7.137 205| 7,401 09) 26) 7.216 7,293} 7374
Ferrous metal foundr 1,731] 1,739] 1,780] 0.5] 23) 1,754] 1,729) 1,742]
Fabricated metal products... 32,068 32,325 32,541 0.8] 07] 32,232 32,207 31,749|
47,838 48,078 48, 0.5] -1.0} 48,524] 47,822| 47,033}
1,988] 1,984] 21027] +0. “24 2.111 2,082} 2,080|
4,076 4/004 3875 +13 +33 4181 4,042} 3,873}
2718 2,735) 2.712 0.5] +08 2,658 2,655} 2,566}
81065] 81170] 81324 1.3] -1.9) 8.191 8.082} 8.074
2,189| 21210 2,235 1.9) 4 21238 2,212} 21142}
4,345] 4, 4324 0.9) 40.5] 4,389} 4,267| 4,050}
51553 5.610 5,647] 1.9} 07| 5.463} 5.420} 5.275}
5.916 5,882 5,980] 40.6) 1.6 6,032 5,734} 5,694
2,326 2,407] 15] “34 2: 2/349} 2/390}
48,103] 48,793] 49,280| 14 1.9} 48,440) 268 46,978|
2,87: 2194! 2; 25] 06] 2971 21816} 2,795}
1/289] 1,309] 1,402| 15] 66 4420 1,336| 1,264]
-3.3} Be 7.757] 7,954) 7,667}
Defense communications eauipment +05] 423) '545| '525| 14
AAucio and video equipment. 0. 48.3] 965] 965] |
+14) 32] 7,300} 7,109} 7,115}
Eiccronic con 17] 0.4 7717 77750| 7'596|
Nondetense ‘Searcn and navigaion
vipment.. sess +04 +19} 2,834] 2,833 2.674
onfene search and navigation
0.2] 03] 17] 3,109} 3,067 3,032
excckgmadeal tieasulia
‘and control instruments. 1.8 -1.9| -2.6| 10,216} 10,277] 10,092]
Elecrcal equipment, appionces,
. -0.6| -0.9] 1.2] 14,753] 14,445] 14,172]
“Beak Nain sauipment. 14 40.2 +02 1,694] 1,669] 1,599)
+07 0.8] 43 2,524 2,392 2.243}
1.3] A +26 4/989} 968 4917|
015] 0: 45 734]
40.2 Be +14 73,151 72,447| 71,422|
43] 43. 429 1,851] 1,868} 1719]
3.4] +31 67] 11429] 1,464] 342]
+44 43 43) 844] a 787}
Ad 2 0.8] 5. 15,812]
+03 0: -1.9) 29,488
+1.0) A. +106 10,333}
+1.0} ot +3.4 2274
0.9} ce 3.4] 7.424
+04 0: +04] 17,309}
0.) 0 -07] 162,118}
+0.) +0: 0.1 29,624
09} +i 43.4) 51;
0.2) +0, +1] 2,857
Meat, poultry, and seafood products. +09} 0 +0.4 5.877
Beverage and tobacco products.. 0.3} 0} +09) 14,224)
. By +07 +14] 8,377
04] 1.9} +02] 5,844
0.9] “36 2.4] 5,809
0.7] 0.9) 05} 4,235
.2| 22] 32] 81582
20 24] 34] 1,334]
0.3] 06] 0.7] 15,509]
+04 0.4] 08) 6,935]
1:3) 13) 44] 4:235|
38] +044 12] 5,478|
+2. -25) 0.0 10,944]
42.0 18) 0.5] 9,295]
40.1 01 0.6] 49,494|
0.3] -0.5} 1.7] 2,742}
+15 +05 4241 18,012]
) +08) 24 3,046}
05 0.6} 1.5] 16,897]

° Preliminary * Revised
See note at end of Table 2 relating to survey error and revision.


Table 7. 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 Feb | Jan | Dec | Nov | Feb | Jan | Dec | Nov
2002 | 2002 | 2001 | 2001 | 2002 | 2002" | 2001 | 2001
‘All manufacturing industries... 137{ 1.341 4:37] 1.39] ce) (es) Ca)
Durable goods industries... 156, 1.52] 158] 1.59] 4.25] 4.12] 4.24) 4.30
‘Wood produ 131] 131] 131] 133) rea) co} 00
Nonmetaliic mineral products. 1.25] 1.22} 1.27) 1.30] rc) eo) 00) &)
Primary metals, 176] 1:70] 181! 1.79) 1.54] 1.49] 1.58] 1.55
Fabricated metal products. 163] 1.60 1.63] 1.68] 2051 2.03] 2.09] 2.09
Machinery. ..oenrene 204] 2.05] 2.18 2.16] 2.57] 2.63] 2.86] 2.80
Computers and electronic products. 147] 1.42) 145] 153) 4.47] 4.23) 4.290] 4.40
Electrical equipment, appliances,
154] 451] 14a) 1.53] tet] 1.74] 4.75] 1.82
ipmer 138] 4:32] 1:36] 1.38] 8.40] 8.20] 8.22] 856
Furniture and related products... 133] 129] 1:34) 1:30) 1.30] 1.27] 1:30] 1.27
Miscellaneous producis.........- e7} 1.85] 1.90 tao} ~
Nondurable goods industries..... staf 4.42) saa} 4.44) eH — ga} ~
Food products. 077} a76| = o77| 0.77 OY OY &)
Beverage and tobacco products. 152] 143 1.40) 1.47 (a) ac) ®
tiles... 161] 164] 169] 1.75, OO] ~
Textile products... 152] 158] 1.571 158, re)
paral. : 170] 4.70 1-70} 18st %
Leather and allied products. 2.08] 213] 206) 2088 OM &) ®
Paper products. 429} 1.23] 1.26 125, xX ~
Printing... 073] 0.74] «oval 075} =X ®
Petroleum 073] 0.70 O72] 075] =X) ®
Basic chemicals. 151] 146] 147} 1.45] ca)
Plastics and rubber cA) SY) A) a )) 3) a) ®
Preliminary * Revised
(X) Not Applicable

* Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products:

‘medical equipment and supplies; office supplies; other miscellaneous manufacturing; cutlery and handtools;

farm and garden machinery; computer storage and peripheral devices; audio and video equipment; manufacturing
‘and reproducing magnetic and optical media; batteries; automobiles; light trucks and utility vehicles; heavy duty
trucks; and miscellaneous furniture.

Table 8. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES
(Based on Seasonally Adjusted data)

‘Shipments New Orders Untied Orders Inventories
Feb Feb Feb Feb
Industry Feb? | 2001- Feb? | 2001- Feb? | 2001- Feb? | 2001-
Feb’ | 1997- | Jan | Feb! | 1997- | Jan | Feb! | 1997- | Jan | Feb! | 1997- | Jan
2002 | 2001 | 2002 | 2002 | 2001 | 2002 | 2002 | 2001 | 2002 | 2002 | 2001 | 2002
All manufacturing industries...... NA} (NA GaN] (NA NA NAL 0] NA (NA)
Durable goods industries. oo} (NA (NAY 0.3] (NA (NAL 0.0], (NAD (NAY) .0], (NAN (NA)
Wo0d produets.....-.eesrs (NA (NA 00 (NA (NAY (NANA (NA (NAD
‘Nonmetallic mineral products.. CO} (NAY (NA P(N (NA NANA, 00] (NA (NAD)
0.1) (NA (NA 0.0] (NAY (NA 0.0] (NAY) (NAY Ot] (NANT (NAY
07| (NA (NA 1.0) (NA) (NAY 0.2] (NAY (NAY 0.1], (NA)] (NA)
0.4] (NA (NA) 0.2] (NA (NAY = 0.2] (NA) (NAY. «= O], (NAY) (NA)
031 (NA (NA 0.7] (NA INA] 0.0] (NA] (NAY, 0.4! (NAN (NAY
Electrical equipment, appliances,
and components. 0.1] (NA (NA 0.0] (NA (NAY 0.3] (NAD (NAY 0.1] (NAY (NAD
Transportation equipment. 1.0) (NA (NAY 1.4] (NAY (NA 4] (NA (NA .t], (NAY (NA)
Furniture and related products. Oo} (NAY (NA 00] (NA (NAY O(N (NA (NAY (NA)
Miscellaneous products. OO} (NA NA 00] (NAY (NA (NAN (NA (NAY (NA)
Nondurable goods industries. Co} NAT (NAT =a] (NA (NA cn) NA (A)
Food produets..... Qo} (NA (NA 00] (NA (NAY (NAN (NAY NAY] (NAD
Beverage and tobacco products. QP (NAY (NAY 0] (NAY (NAY (NAN (NA) (NAY (NA)
. CoP (NAL (NA OG (NAY] (NA (NA (NA 0] NA (NA)
©) (NA) (NA) i) (NA) (NA) OO) (NA) (NA) ©) (NA)} (NA)
Oo] (NAY (NAY OG (NAY (NAY (NA (NAY 0] (NAN (NA)
9) (NA) (NA) 0) (NA) (NA)} &) (NA) (NA) ©) (NA)} (NA)
9) (NA) (NA)| oY (NA) (NA) i] (NA) (NA) 0) (NA) (NA)
ing... o 00) (NA)} (NA) 00) (NA) (NA) i (NA) (NA)| i) (NA)} (NA)
Petroleum and coal products. QO) (NA) (NA) OO} (NA)! (NA) OX} (NAY) (NA) QO} (NA)E (NA)
Basic chemicals. OO} (NAY (NAY 0] (NAN (NAY Co} (NA (NA) Co] (NA (NA)
Plastics and rubber products... (NAY NAY CNA (NAT = 0) (NA)] «(NAY =) (NANE (NA)
(X) Not Applicable (INA) 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 revisions of the current month for the past five years.
‘See note at end of Table 2 relating to survey error and revision. In Table 8, the second column for each item represents the average revisions.

of the current month for the past five years.


Manufacturers’ Shipments,
_ Inventories, and Orders

February
2002

For Wire Transmission 10:00 a.m. E.S.T., April 2, 2002

All figures in the text are in seasonally adjusted current dollars

Total Manufacturing Total Manufacturing
‘Shipments and Three Month New Orders and Three Month
Moving Average ‘Moving Average
«no Bilions Of Dollars a 20 Bilions Of Dollars wo
400 400 400 x 400
380 380 380 380
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Total Manufacturing ‘Total Manufacturing
Total Inventories and Three Month Ratios of Unfilled Orders and Total
Moving Average Inventories to Shipments
$00 Billions Of Dollars. 500 ‘6 L/S Ratios ‘U/S Ratios 4s
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For data, cali 301-457-4673. For inquiries, contact Lee

Roy,
Manufacturing and Construction Dison (MCD), Washington, DC 20233-0900 6 all 301-457. 4806 or 301-487-483,
‘The advance report on durable good for March is scheduled for April 24, 2002 at 8:30 a.m. and the full report on May 2, 2002 at 10:00 a.m. For sale by | <

oF Derrick

‘and Orders Branch,

the Superintendent of Documents, U.S. Government Printing Office, Washington, OC 20402.
ur internet address is : http://www.census.gov/indicator/www/m3

M3-1(02)-2

USCENSUSBUREAU

Helping You Make Informed Decisions

U.S. Department of Commerce
Economics.

and Statistics Administration
U.S. CENSUS BURFAU



Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS, NEW ORDERS, UNFILLED

ORDERS. AND TOTAL INVENTORIES FOR TOPICAL SERIES *
(Millions of Dollars)

Seasonally Adjusted Not Seasonally Adjusted”
Monthly Percent Change Monthly [Percent] Year to date
Industry change}
Feb, | Jan. | Dec. | Jan.-|Dec.-]Nov.-} Feb. | Jan. | Dec. | Feb. | Feb.
2002" | 2002 | 2001 | Feb. | Jan. | Dec. | 2002” | 2002" | 2001 | 2001 | 02/01} 2002" | 2001
SHIPMENTS
‘All manufacturing industries... 321,944] 331,216] 326,794] -2.8 +1.4] +06 311,894] 298,106] 320,557] 338,708} -7.9| 610,000] 649,406
Constuction materials and supplies. 32,077] 32,898] 32,291] -25| +19) 0.4] 30,566] 29,145] 28,551] 31,772] -3.8] 59,711 61,269
Information technology... 27,437] 28,172] 28.554] -26| -1.3) +3.7] 24,982| 22,801] 34.917] 30,813] 18.9] 47,783] 58,312
Capital goods. cece 65,556] 66,857| 67.033] -1.9] 0.3] +2.3] 61,104] 55,005] 76,275] 70,263, -13.0] 116,109 131,913
Nondefense capital aoods: 59,192] 59,837] 59,635 -1.1] +0.3) +0.8] 55,094] 49,232} 67,832] 64,736| -14.9] 104,326] 121,550
Excluding aircraft... 55,046] 55,793] 54,778) -1.3]  +1.9] +07] 51,298] 46,432] 61,279] 59.855] -14.3] 97.730] 114,025
Defense capital aoods*.. 6,364] 7,020) 7,398) 9.3] -5.1] +16.4p, O10). 5,773] 8,443] 5,527| +87} 11,783] 10.363
Consumer goods........ 122,875] 127,091| 125,645] 3.3] +1.2| +1.3| 119,448] 117,837] 120,174] 125,268] © -4.6| 237,285] 243,007
‘Consumer durabie goods. 34,456] 36,741] 35,008] -6.2| +50] +1.7| 34,638] 33,255 31,647] 33,647| +29 67,893] 62,836
Consumer nondurable goods. 88,419] 90,350] 90,637| 21] 0.3] +4.1] 84.810] 84,582) 88,527] 91,621] -7.4] 169,302] 180,171
NEW ORDERS
‘All manufacturing industries. . 323,768] 324,006] 320,616] -0.1] | +1.1] +0.7] 316,655] 300,326] 320,151] 336,069] 5.8] 616,981] 652,586
Construction materials and sunt 32,175] 32,677] 31,849] -1.5| +26 -0.6] 30,920] 29,168] 28,088] 31,328] -1.3) 60,088] 60,927
Information technology... 27.413) 27,738) 27,606] -1.2| | +05] +1.2) 25,565] 23,283] 35,075) 31,231] -18.1) 48,848) 60,155
Capital goods. . 65,799] 59,308] 61,770] +109] -4.0] -0.6] 62,618] 52,839] 76,714] 68,547] 8.6] 115,457] 134,113
‘Nondefense anil ‘oods’. 57/328] 4,833] 55.817| +46] -1.8|  -1.1] 54,347| 48,074] 65,105] 63.268] -14.1] 102,421] 123,995
Excluding ait 4 54,344) 53,866] 53,511] +09] +07] -1.7] 52.273] 46,877| 59,285] 60,472] -136| 99,150] 118,036
8471] 4.475] 5.953] +893] -248] +39] 8.271 4,765 11,609] 5.279] +567] 13,036] 10,118
122,459] 126,668] 125,955] 3.3] +06) +1.1] 119,296] 118,140] 120,270] 125,287] 4.8] 237,376] 243,289
34,040] 36,318] 35,318] 6.3] +28] +1.2| 34,426] 33,558] 31,743] 33,666] +23] 67,984] 63,118
UNFILLED ORDERS
‘All manufacturing industries. 538,451] 536,627] 543,837) +03 -1.3[  -1.1] 546,700] 541,939} 539,719] 595,194) 8.1 ~) ~
Construction materials and supplies. 32,473] 32,975, 32,596] +031 0.7] 1.3] 32,251] 31,897] 31,874] 35,726, -9.7| rea) ~
{Information technology. 99,330] 99,354] 99,7881 0.01 0.4! 0.9 100,557] 99,974} 99,492] 114,964] -12.5] re) co)
Capital goods..... 371,331] 371,088] 378,637 40.1) -20|  -1.4 377,086] 375,572) 377,738] 407,344] 7.4 ~) «©
‘Nondefense capital aoods' 238,668) 240,532] 245,536] 0.8] -2.0| -1.5] 241,872] 242,619] 243,777] 283,080] | -14.6 rr) ©
Excluding aircraft. 141,249] 141,951| 143,878] -0.5] -1.3]  -0.9| 143,370] 142,305] 141/950] 166,724] -140] ey) ca
Defense canital aoods' 192,663] 130,556] 133,101) +16] -1.9 -1.1| 135,214] 132,953) 133,961] 124,255] +88] 0} 3)
‘Consumer qoods. 8,639] 9.055] 9,478] 46] 45] +34) 9.2281 9,440] 9,137] 11,162] -17.3 re) ~
‘Consumer durabie good 8639] 9,055] 9.478] 4.6] 4.5] +34] «9.2281 9.440] 9,137] 11,162] -17.3 &) ®)
TOTAL INVENTORIES
All manufacturing industries. 441,761] 443,644] 447,261] 0.4] 0.8] -0.9] 444,161] 441,954] 436,359] 487,724) 8.9) ~) ~
Construction materials and supplies..... 44,880] 45,189] 45,327| -07| 0.3] -1.6] 45,495] 45,446] 44,491] 50,047 9.1 rea) 0
Information technology. 40,111] 40,805] 41,114 -1.7] 0.8] 4.0] 40,479] 40,336] 39,131] 51,407| -21.3 re) ®)
Capital goods. 137,170] 137,856] 138,953] 0.5] 0.8] -1.2| 137,718] 136,320) 193,613] 152,781] -9.9) rr) ®
‘Nondefense capital aoods’..... 118,327| 119,156| 120,191] -0.7] 0.9) © -115| 119,076] 117.780] 115.377] 134.152] -11.21 & ®
Excluding aircraft... 94,539] 95,372] 96.635] 09] -1.31  -17| 95.542} 94,577] 93,034] 110,107] -13.2 ®) ®
Defense canital aoods*.. 18,843] 18,700] 18,762] +0.8] 0.3) +1.0| 18.642] 18.540] 18,236] 18,629] +0.1 ro) re)
Consumer goods... 124,619] 124,441] 124,909] +0.1) 0.4) 0.4] 124,707| 123,943] 122,678] 131,260] -5.0} rea) ~
‘Consumer durabie goods... 26,141) 26,256] 26,280] 0.4 0.1] -2.0] 26,384) 26,103] 25,172] 29.541] | -10.7 ve) rea)
Consumer nondurable goods... 98,478] 98,185] 98,629] +03] 05, +01] 98,323] 97,840] 97,506] 101,719] -3.3 rs) 3)
° Preliminary * Revised (X) Not Applicable

* Topical series are reqroupinas of the separate industry categories.

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

> Nondefense capital goods industries include: small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery;
industrial machinery; vending, laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission
‘equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral
‘equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical
‘equipment, appliances, and components; heavy duty trucks; aircrafi; railroad roling stock; ships and boats; office and institutional furniture; and medical equipment
and supplies.

* Defense capital goods industries include: small arms and ordnance; communications equipment;
and search and navigation equipment.

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

raft; missiles, space vehicles, and parts: ships and boats;



Summary

New orders for manufactured goods in February decreased $0.2
billion or 0.1 percent to $323.8 billion, the Department of
Commerce, Bureau of the Census reported today. This followed a
1.1 percent January increase. Year to date, new orders for 2002
were 5.0 percent below the same period a year ago.

Shipments decreased $9.3 billion or 2.8 percent to $321.9
billion, following a 1.4 percent January increase. Year to date,
shipments for 2002 were 6.1 percent below the same period a year
ago.

Unfilled orders increased $1.8 billion or 0.3 percent to $53 8.5
billion, following a 1.3 percent January decrease. The unfilled
orders-to-shipments ratio was 4.25, up from 4.12 in January.

Inventories, down thirteen consecutive months, decreased $1.9
billion or 0.4 percent to $441.8 billion, following a 0.8 percent
January decrease. The inventories-to-shipments ratio was 1.37, up
from 1.34 in January.

New Orders

New Orders for manufactured durable goods in February
increased $3.2 billion or 1.8 percent to $180.5 billion, revised from
the previously published 1.5 percent increase. This was the third
consecutive increase.

Transportation equipment had the largest increase, $5.1 billion or
10.0 percent to $56.2 billion. Electrical equipment increased $0.5
billion or 5.5 percent to $9.6 billion. Computers and ele ctronic
products, down for the first time since September, decreased $1.1
billion or 3.1 percent to $33.3 billion.

New orders for nondurable goods decreased $3.4 billion or 2.4
percent to $143.3 billion.

Shipments
Shipments of durable goods in February decreased $5.8 billion

or 3.2 percent to $178.7 billion, unrevised from the previously
published 3.2 percent decrease.

Transportation equipment, down for the first time since
September, had the largest decrease, $2.4 billion or 4.4 percent to
$53.1 billion, mostly due to motor vehicles and parts. Computers
and electronic products, down for the first time since September,
decreased $1.5 billion or 4.4 percent to $32.7 billion. Fabricated
metal products decreased $0.6 billion or 2.9 percent to $19.6
billion. Primary metals decreased $0.5 billion or 4.7 percent to
$10.8 billion.

Shipments of nondurable goods decreased $3.4 billion or 2.4
percent to $143.3 billion, led by decreases in chemicals, beverage
and tobacco products, and paper products.

Unfilled Orders
Unfilled Orders for durable goods in February increased $1.8

billion or 0.3 percent to $538.5 billion, unrevised from the
previously published 0.3 percent increase.

Transportation equipment, led by ships and boats, had the
largest increase, $3.0 bill ion or 1.1 percent to $275.2 billion.
Computers and electronic products increased $0.6 billion or 0.5
percent to $125.8 billion, due to semiconductors. Machinery,
down seven of the last eight months, decreased $1.4 billion or 2.4
percent to $55.3 billion; this is the largest decrease on record.

Inventories

Inventories of durable goods in February, down thirteen
consecutive months, decreased $1.5 billion or 0.5 percent to
$278.5 billion, unrevised from the previously published 0.5
percent decrease. Durable goods inventories were at their lowest
level since July 1997.

Computers and electronic products, down twelve consecutive
months, had the largest decrease, $0.7 billion or 1.4 percent to
$48.1 billion.

Inventories of nondurable goods, down thirteen consecutive
months, decreased $0.4 billion or 0.2 percent to $163.3 billion.

By stage of fabrication, February finished goods decreased 0.4
percent in durables and 0.7 percent in nondurables. Work in
process decreased 0.5 percent in durables and increased 0.1
percent in nondurables. Materials and supplies decreased 0.7
percent in durables and increased 0.4 percent in nondurables.

SEE BACK PAGE FOR UPC OMING REVISIONS

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

For data, call 301-457-4673. For inquiries, contact Lee Wentela or Derrick Roy, Manufacturers’ Shipments, Inventories, and Orders Branch,
Manufacturing and Construction Division (MCD), Washington, DC 20233-6900, or call 301-457-4832 or 301-457-4814.

The advance report on durable goods for March is scheduled for Ap ril 24, 2002 at 8:30 a.m and the full report on May 2, 2002 at 10:00 a.m.
For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.


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

jCha
Feb. | Jan. | Dec. | Jan.-|Dec.-|Nov.-| Feb, | Jan. | Dec, | Feb. |“Feb'|
2002° | 2002' | 2001 | Feb. | Jan. | Dec. | 2002" | 2002" | 2001 | 2001 | 02/01) 2002" 2001

All manufacturing industries. 321,944] 331,216) 326,794] +14] 40.6] 311,894) 298,106] 320,557] 338,708 -7.9| 610,000} 649,406,
Excluding transportation. 268,816] 275,651] 272,570} +14] 40.3] 258,855] 249,149| 268,749] 287,687] -10.008 —_.004] 556,141
Excluding defense. 314,277] 323,035) 318,468} +14) +03) 304,723] 291,432] 310,832] 332,410] -8.3| 596,155] 637,663,

Durable goods industries. 178,657) 184,479] 180,676] 42.1) +0.7] 173,368] 161,469] 160,413] 188,466] -8.0| 334,837] 356,360
Wood products.. . 7,027] 7,047] 6,932 +17] 04) 6573] 6,025] 6,113] +47] 12,598] 12,037

Nonmeaicn mineral roduc. 7.291) 7/521] 7,358! +22) +04) 6734] 6.614) 6,151 -39| 13,348] 13,569

tals. 10/833] 11,367] 10,901 +431 28] 10,958] 10,929] 9,548 124[  24a7] 24,436
4725] 4,954) 4,828] 426{ 0.2) 4.777] 4.794) 4,158) 10.5] 91571] 10.426
4895] 5,175] 4,842] +63] 56] 4 4969] 4,357] 15.6 gas} 11,
4,213) 1.238] 1.231 406] 11] 1201] te) 1K $1 2:367 2475
Fabricated metal products... . 19,649] 20,233] 19,917 +16{ 0.9} 19,258] 18,543] 18,147] -56| 37,801) 39,270
Machinery. : 23,500] 23,431] 22,319} +50] -1-8| 22,333] 19,757] 22,552 9.4] 42,090) 47,002
1,466) 1,471] 1.5511 52] +38] 1,657) 1,302] 1,204 +175 2,959) 2/603
1,460] 1,474] 1,486 0.8] -3.9] 1561] 1,286] 1:359} 8.2] 21847 3,234
52) 09) 943] 922] 1,149} 11.3] 1,865] 1,989
-36| +65] 2,991] 2,808] 3,844 23.2) 5,799) 8,035
+17] +79) 11121] 1,076) 1,348) 6.0) 2.197 2.247
25] +05] 2,280] 2,113] 2,385} 11.7] 4,393 4,844
eta i 2 3,462 4121
urbines, generators, and other
‘power transmission equipment. 5,830] 5,251
Material handling equipment... 895] 3,676

Computers and electronic products. 58,745] 75,698
Electronic computers. 8840] 12,516
‘Computer storage devi 1,914] 86:
Nondefense communications

8,844) 12,705
584]
1,683| 1,749

1,294] 1,393
+14 3,178} 3,250
9,537 9571

Eleeal ecumert ‘appliances,
“Crete int “hice “238i

ic (eauipment. , ,:

Household appl ‘ : 3,705 31604
Elocticl equipment 4,836 5,983

Light trucks and utiity vehicies. 8.3} 22,575] 18,969
Heavy duty trucks 4.4) 1.679] 2017
Motor vehicle bodies, parts,
and trailers. 2.4 33,083] 32,
+56] 13,363] 13,971
+12] 4877] 3,728
+26] 3.245) 3
Fumiture and related products. 3.6] 14,209] 12.242
Miscellaneous durable qoods.. 08 17,859] 17,924
Nondurable goods industries... 143,287| 146,737 2.4) 275,163]
Food products. . 38,611] 38,767] 04 74,172}
Grain and oilseed milling, 4.327] 4:263] “19 887
Dairy products vase 04) ; 10,4
poultry, and seafood products. +05) 386]
Bevarsge and ono e0 rogue. 6.3} 17,084
+02 10,088]
-15.7}0. 7.026}
569] +1.9) 6,605}
822 43.6 5,255)
5,228] -29 9/806]
682] +03 2 837 1,186
12,393] al -14) 11,842] 12,319] 11,926 241161
5:517| | -35] 5.319] 5.638] 5.297 40.957
3,875] | +08] 3,736] 3,854) 3,603} “5s
8.015] gs} + 405] 7. 7.465] 8.142] 14,932
16,195 5} +09) 43.2] 14.433] 14,752] 15,294] 29,185)
14,685] -2.8) +0.2] +40] 13,073] 13.587] 14.164 6,660}
33698] 32] +08] 21] 31; 32,336] 33, 64.291
1638] -47]  -0.8]  -9.5] 1,546] 1,440) 1,277] 2,986}
9673] 24) 32] -1.9] 8.278] 93241 10.152] 17,602
Paints, coatings, and adhesives. 527] 2.31 +07) 09} 24151 2.3031 21157] 4,718}
Plastics and rubber products, 14789] 26] +1.6|  +1.2] 14,489] 13.997] 12/970} 28,486}

° Preliminary * Revised
* Shipments and new orders are the (otals 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.