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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
Jan. Dec. Nov.} Dec] Nov-|  Oct- Jan. Dec. Nov. Jan.| Jan.
19997] 1998" 1998] Jan. Dec.} Nov.} 1999] 1998" 1998 1998] 99/98
All manufacturing industries ... . . 465,567 | 466,798} 471,000 03 09 0.0] 463,211] 456,330] 471,705] 456,534 +15

Manufacturing industries
with unfilled orders

310,958} 312,714] 315,446 0.6 09 -0.3| 307,819} 303,508} 315,357] 302,730 +17

without defense capital goods 447,011 | 446,980] 451,758 i) 0.0] 445,021] 437,311] 452,640] 438,989] +14
Durable goods industries. . 293,743 | 295,344] 297,981 05] 09]  -0.2] 291,848) 287,415] 298,755] 286,702
With unfilled orders : 269,583 | 271,246] 273,905} -0.6] -1.0} 0.3] 267,171] 263,500] 274,436} 262,801
Stone, clay, and glass products 9396] 9,331] 9,320] +0.7] +01] +09] 9,416) 9,103] 9,004 ,
Primary metals 24,441] 24,679) 24,817] -1.0| 0.6 0.0} 24,507] 24,797] 24,722] 24,847
Blast furnaces, stee! mills 11,953] 12,087] 12,175} 0.9] = -1.0] 1.1] = 12,092] 12,319] 12,271] 11,984
Iron and steel foundries. 1,605 1580} 1,579] +16] 40.1] = +0.2 1,596] 1,541 1,539] 1,562
Nonferrous and other primary
metals 10,883} 11,042] 11,063} 14} 0.2] = +1.2] 10,819] 10,937] 10,912] 11,301
Fabricated metal products. 31,061 | 30,855] 31,134] +0.7) = -09] = +0.1] 30,863] 30,278] 30,786] 29,620
Industrial machinery and equipment . 60,677] 60,532] 60,974 40.2 0.7 +03] 60,282] 58,415] 61,563] 59,767
Engines and turbines... . 4,082 3,871 4,045, $5.5 43 42.2 3,962 3,583 4,263 4,187
Farm and garden machinery 3771 3,867) 3,889] -25) 06] +11] 4,136] 4,062] 3,948] 3,986

Construction, mining and
material handling equipment
Metalworking machinery . .

9,133 9,048 9,017 +0.9 +03 +13 9,143 8,826 9,005 8,206
7,955 7,929 7,812 +03 +15 0.2 7,682 7,443 7,729 7,005

Computer and office equipment . . . 8,960 9,064 9,090 Ll 03 0.6 8,706 8,343 9,388 10,078
Electronic and other
electrical equipment ........... 39,444] 39,786] 40,315, 09 13 0.7} 39,042| 38,377] 40,296] 40,449 35

Electrical transmission and
distribution equipment and
industrial apparatus
Household appliances... .
Electric lighting and

wiring equipment ............ 3,443] 3,460] 3,509] 0.5] -14] 0-08} = 3,366] 3,274] 3,528] 3,334] +10
Household audio and

5,445 5,535 5,386 16 42.8 +10 5,437 5,421 5,424 5,595 28
2,406 2,404 2,437 +0.1 14 01 2,353 2,163 2,369 2,256 +43

video equipment 1,023 1,028 1,084 0.5 5.2 983 952 1,047 930] +57
Communications equipment 9,433 9,785} 10,121 36 33 9,387 9,420] 10,272] 10,712} -12.4
Electronic components . . 13,932 13,914 14,123 40.1 “1S 13,859 13,674 14,098 14,176 22
Transportation equipment . . 73,956] 75,701] 76,452) -2.3. “1.0 73,291| 73,157] 77.276] 69,975] 44.7
Motor vehicles and parts . 17,148} 17,419] 17,240) -16] +10 17,098] 16,893] 17,299] 16,228} +54

Aircraft, missiles,

space vehicles, and parts. . 50,980] $2,656] 53,582 “17 50,367] 50,776] 54,357] 48,253
Shipbuilding and tanks . . 1,880 1,942 1,768 49.8 1,909 1,920 1,755 1,733
Instruments and related products . 26,477| 26,515] 26,679 -0.6 25,916] 25,683] 26,829] 25,529
Search and navigation equipment 6,560 6,573 6,701 19 6,384 6,391 6,677 6,402
Measuring and controlling devices . 8,046) 8,079] 7,993 +11 7,932] 7,855] 7,997| 7,957
Medical instruments and supplies : 8427) 8,441 8,583 “17 8329] 8,244] 8,725 8,113
Photographic goods ... . 2,696} 2,678] —_2,661 +06 2534] 2,454] 2,683] 2,390
Alll other durable goods . . . . 28,291] 27,945] 28,290 “12 28,531| 27,605] 28279} 27,420

171,824] 171,454} 173,019 +0.2 0.9
41,375 41,468 41,541 0.2 0.2
37,577 37,299 37,264 +0.7 +0.1

171,363 | 168,915} 172,950] 169,832
40,648 40,008 40,921 39,929
37,947 37,488 38,812 37,739
4,090 3,837 4,002 4,101
3,822 3,527 3,696 3,656
8,368 8,270 8,528 8,010
19,719 19,943 20,551 19,939

Nondurable goods industries . .
With unfilled orders... .
Food and kindred product
Meat products .. .
Dairy products : :
Beverages ... : 8,368 8,347 8,330 +03 +0.2
All other foods, except fats and oils 19,359 19,254 19,174 +0.5 +04

Tobacco products. . 3,727| 5,867] 5,939] -2.4]-1.2 6235} 6.297] 6,144] 6,497
Textile mill products . 10,093} 10,180} 10,194] -0.9] —-0.1 10,058] 9,756] 9,961} 10,157
Broadwoven fabrics and
other textiles . . .. 6316] 6,348] 6,363] -0.5 02} 0.7] 6344] 6,134] 6,283] 6,396} -0.8
Paper and allied products 16,181 16,362 | 16,483 ll 0.7 0.2] 16,224] 16,254] 16,251 16,427 12
Pulp, paper, and
paperboard mill products ...... 6,613 6711 6,746 “15 -0.5 03 6,663 6,680 6,686 6,668 0.1
Paperboard containers and boxes . . 3978| 4,067) 4,179] 22] 27] 0.7] = 3,994] 4,070} 4,077] 4,165] 4.1
Miscellaneous converted

paper products .......... : 5,590] 5,584] 5,558] 40.1] +05] +04] 5,567] 5,504] 5,488] 5,594] -0.5
Chemicals and allied products 46,472| 46217] 46875) +06] -14] +11] 46.264] 45,696] 46,543] 44,629] -+3.7

Industrial chemicals 19,650) 19,802] 19,872] -08]  -04] -02} 19800] 19,910] 19,649] 20,385) -2.9

Drugs, soaps, and toilet 20,995] 20634] 21254) 41.7) 29] +29} 20.355] 20,000] 21,255} 18,600] +9.4
Petroleum and coal products . . . 10,562| 10,254] 10,965] +30] -65] +12] 10,286] 9.863} 11,109) 11,139] -7.7
Rubber and plastics products. 16,782| 16,766] 16,857] +0.1 05] +11{ 16921] 16,597] 16,567] 16,710] +13
All other nondurable goods. . . 28,430| 28,509] 28442] 03) +02] +04] 27,428] 26964) 27,563] 26,534) +34

” Preliminary. * Revised.


10 Total Manufacturing
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

380 380
New Orders

360 F- -------- rrr rrr rrr rrr Shipments |_1 360

340 340

320 320

300 300

280 L L 1 L 1 L L L L i i i L 280
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan

Jan. 1997 - Jan. 1999

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

US Ratios UO/S Ratios
2.5 3.7
2.4 3.6
2.3 3.5
2.2 3.4
2.1 3.3
2 3.2
1.9 3.1
1.8 3
1.7 2.9

2.8
2.7
2.6
2.5
2.4

1.6
1.5
1.4
1.3
1.2

Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan
Jan. 1997 - Jan. 1999

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES

FOR TOPICAL SERIES'
(Millions of dollars)

Seasonally adjusted ‘Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
Jan. Dec. Nov. | Dec.- | Nov.- | Oct- Jan. Dec. Nov. Jan. | Jan.
1999" | 198° 1998 | Jan. | Dec. | Nov. | 1999" 1998" 1998 1998 | 99/98
UNFILLED ORDERS
All manufacturing industries ..... 527,190 | 519,038 | 519,303 +16 0.1 1.0 | 531,127 | 512,986 | 514,816 | 543,779 23
Market categories :
Automotive equipment . . . 2,608 | 2474] 2418] +54] 423] +15] 2677] 2405 | 2,348 | 2,584 43.6
Home goods and apparel 8,828 8,979 8,941 “17 | +04 | +34 8,665 8311 8,591 8,908 -2.7
Consumer staples ....... 2497 | 2,364] 2328} +56] +15] +85 | 2483 |] 2.262 | 2260] 2038] +218
Machinery and equipment 245,651 | 241,602 | 243,910 +17 09 -1.2 | 245,905 | 240,571 } 243,744 | 247,255 -0.5
Business supplies 6,961 6,789 6,891 42.5 Ls 423 6,832 6,521 6,718 6,443 +6.0
Construction materials
and supplies... 17,669 | 17,506 | 17,486 +09 { +01 -0.7 | 17,603 | 17,241 17,166 | 17,908 17
Defense products . 92,475 | 90,957 | 90,167 +17 +0.9 -1.6 | 93,855 | 90,916 | 88,298 | 99,396 5.6
Other materials, Supplies ax and
and intermediate products ..... . 150,501 | 148,367 | 147,162} +14] +08]  -1.1 | 153,107 | 144,759 | 145,691 | 159,247 39
Durable goods industries :
Nondefense capital goods * ...... 261,365 | 257,382 | 259,447 +15 08 -13 | 262,168 | 257,082 | 259,785 | 265,375 12
Excluding aircraft and parts .... | 107,854 | 106,877 | 105,125 +09 +17 -0.9 | 108,657 | 106,577 | 105,463 | 105,453 43.0
Defense capital goods * ++ | 97,416 | 95,947 | 95,040 +15 +10 -1.3 | 98,752 | 95,713 | 92,961 | 104,199 5.2
Durables excluding capital goods 144,343 | 141,843 | 140,642 +18 +09 0.6 | 146,678 | 137,245 | 138,652 | 148,961 1S
Misceltaneous series :
Producers’ durable equipment 286,116 | 281,337 | 283,823 | +17} -09 {|  -0.9 | 287,100 | 279,504 | 283,446 | 289,026 07
Household durable goods . on 5,429 5,522 5,479 L7 +0.8 +09 5,500 5,161 5,410 6,027 87
Information technology industries . | 39,309 | 39,360 | 39,102 40.1 +0.7 -18 | 39,121 | 39,116 | 39,289 | 39,393 07
Health care equipment
and products... 9932 | 9,715 | 9,737] 422] 02] -15} 10,094] 9,625 | 9,888 | 8,742 | +15.5
TOTAL INVENTORIES
All manufacturing industries 465,567 | 466,798 | 471,000 03 09 0.0 | 463,211 | 456,330 | 471,705 | 456,534 +15
Market categories :
‘Automotive equipment . . 8,628 | 8,669 | 8,577 05] +11] 425] 8544] 8265] 8558] 8113 453
Home goods and apparel 31996 | 32,246 | 32,512 08 | -08 | +05 | 31593 | 30811 | 31,307 | 30,382 +4.0
Consumer staples . 73,550 | 72,825 | 73,913 | +10] -15 | +07 | 73,427 | 72343 | 75,477 | 72;202 +17
Machinery and equi 117,316 | 117,856 | 120,435 05] 21 -11 | 116,279 | 113,597 | 122,048 | 115,499 40.7
Business supplies . . 28,511 | 28,256 | 28,310 +09 0.2 0.0 | 28,011 | 27,239 | 28,205 | 26,904 +41
Construction materials
and supplies... ......... 28,917 | 28,706 | 28946 | +07] -08 | -0.1 | 28,857 | 28,125 | 28,658 | 28,248 42.2
Defense products ....... . 18,159 | 19,283 | 18,839 | 5.8] +24] +04 | 17,877] 18,604 | 18,662 | 17,272 43.5
Other materials, supplies and
and intermediate products . . 158,490 | 158,957 | 159,468 03 03 +0.2 | 158,623 | 157,346 | 158,790 | 157,914 +04
Durable goods industries :
Nondefense capital goods * 109,704 } 110,184 | 112,381 04 2.0 12 | 108,501 | 106,039 | 113,974 | 108,341 40.1
Excluding aircraft and parts : 71,048 | 70,941 71,713 +02 -ll 0.0 | 70,149 | 67,978 | 72,398 | 71,389 -L7
Defense capital goods* ........ 18,556 | 19,818 | 19,242 64 | 43.0] +09] 18,190 | 19,019 | 19,065 | 17,545 43.7
Durables excluding capital goods 165,483 | 165,342 | 166,358] +0.1 | -0.6 | +04 | 165,157 | 162,357 | 165,716 | 160,816 42.7
Miscellaneous series :
Producers’ durable equipment 190,047 | 190,338 | 193,333 02] -15 | -06 | 188,596 | 184,320 | 194,503 | 185,480 +17
Household durable goods ....... | 16,475 | 16,390 | 16,633 40.5 1S +0.5 | 16,359 | 15,683 | 16,286 | 15,234 +74
Information technology industries . | 31,569 | 31,949 | 32,324 12 “12 -l.1 | 30,934 | 30,317 | 32,777 | 33,395 74
Health care equipment
and products ............... 19,795 | 19,619 | 20,093 | +09] -24] +20] 19,358 | 19,082 | 20,234 | 18,213 +63

See footnotes at end of table 5.

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


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS
FOR TOPICAL SERIES'

(Millions of dollars)

Seasonally adjusted Not seasonally adjusted *
Monthly Percent Change Monthly Percent Year to date
Industry change
Jan. | Dec. } Nov. | Dec. | Nov.-] Oct-| Jan] Dec.]  Nov.} Jan.} Jan.
1999} 1998"} 1998] Jan. } Dec.] Nov.| 1999°] 1998] 1998] 1998] 99/98} 1999°| 1998
SHIPMENTS
All manufacturing industries .... . 341,455} 344,088) 341,423) -0.8] +0.8] +0.4) 306,944] 342,262] 341,167] 298,705] +2.8] 306,944] 298,705
Market categories :
Automotive equipment . . 15,563] 15,588} 15,221] -0.2] +24) -0.1] 14,335] 13,775} 15,723] 12,451] +15.1] 14,335] 12,451
Home goods and apparel 19,714] 19,303] 18,692) +2.1] +33) +1.1] 16,805] 17,296] 19,421] 16,060] +46] 16,805] 16,060
Consumer staples... ... 69,209} 70,411] 69,370] -1.7) +15] 40.7] 65,011] 71,018] 70,000] 64,350] 41.0] 65,011] 64,350
Machinery and equipment . 66,317] 67,287] 66,847] -1.4]  +0.7| +0.2) 55,329] 74,549] 65.851] 51.381] +7.7] 55,329| 51.381
Business supplies ............. 25,421] 25,653] 25,506] -0.9] +06 +0.2| 23,145] 25,334] 26,017] 23,223) -0.3] 23,145] 23,223
Construction materials
and supplies 22,002) 22,332} 21,914] 1.5] +1.9| +09] 19,275] 20,675] 21,480] 18,467/ +44] 19,275} 18,467
Defense products see 6,937] 6,825] 7,250] +16] -5.9] 0.3] 5,754] 7,720] 7,364] 5,624] 423) 5,754] 5,624
Other materials, supplies and
and intermediate products ..... . 116,292} 116,689] 116,623} -0.3] +0.1} +0.2} 107,290] 111,849] 115,311] 107,149] +01] 107,290] 107,149
Durable goods industries :
Nondefense capital goods ° . 53,302] 54,070} 54,200] -1.4! -0.2)  +0.6 43,050] 63,431] 52,882] 40,121] +73} 43,050] 40,121
Excluding aircraft and parts. 44,519] 45,380) 44,716] -1.9]  +1.5|  -0.6| 35,945] 52,789] 43,142] 34,304] +48] 35,945] 34.304
Defense capital goods * .... . 6,719] 6,542] 6,954) +2.7]) 5.9] -1.6] 5.483} 7,586] 7,152] 5,245] +45] 5.483] 5,245
Durables excluding capital goods . | 134,604] 134,919] 133,669] -0.2] +09] +0.6| 121,946] 127,263] 134,638] 114,571] +64] 121,946] 114,571
Miscellaneous series :
Producers’ durable equipment .... | 127,186] 128,374] 127,091] -0.9} +1. +0.5| 110,403) 131,736] 127,037] 101,729] +8.5] 110,403] 101,729
Household durable goods 9,853] 9,811] 9,416] +04) +42) +1.9] 8,295] 9,585] 9886] 7,642] +85] 8,295] 7,642
Information technology industries 26,062] 25,406] 25,696 +26] -1.1] +1.6 20,274] 32,469] 25,047] 18,380] +103] 20,274] 18,380
Health care equipment
and products ...... 12,028] 12,819] 12,320] -6.21 +4.1)  +3.7] 11,287] 13,884] 12,081] 10,900] +3.6] 11,287] 10,900
NEW ORDERS.
All manufacturing industries... . 349,607| 343,823] 335,930] +1.7] 42.3] +0.4| 325,085] 340,256] 333,218] 310,926] +4.6| 325,085] 310,926
Market categories :
Automotive equipment... . 15,697] 15,644} 15,257] +03) +2. 1} 14,607] 13,832] 15,713] 12,547] +164] 14,607] 12,547
Home goods and apparel 19,563} 19,341) 18,988) +1.1 +19) 1.1} 17,159) 17,016} 19,368] 16,410 +4.6 17,159 16,410
Consumer staples... . . : 69,342] 70,446] 69,552] -1.6] +13] +1.1] 65,231] 71,021] 70,159] 64,339] +14] 65,231] 64,339
Machinery and equipment 70,365} 64,980] 63,839] +83} +1.8| +0.7| 60,663] 71,377] 62,907] 55,893) +85] 60,663) 35,893
Business supplies . 25,593] 25,551] 25,664] +0.2| -0.4|  +1.5| 23,457] 25,150] 26,152] 23,234) +1.0) 23,457] 23,234
Construction materials
and supplies 22,165] 22,353] 21,783] -0.8| +2.6  +0.6| 19,636] 20,628] 21,239] 18,750] +4.7| 19,636] 18,750
Defense products ....... 8,455] 7,616] 5,797} +11.0] +31.4| -13.0] 8,693] 10,338] 6,091] 7,476] +163] 8,693] 7,476
Other materials, supplies
and intermediate products ...... 118,427] 117,892] 115,050] +0.5} 42.5) +0.2| 115,639] 110,852] 111,589] 112,277] +3.0) 115,639] 112,277
Durable goods industries :
Nondefense capital goods* ...... 57,285] 52,005] 50,675} +102] +2.6{ +1.1] 48,136] 60,728] 49,726] 44,280] +8.71 48,136} 44,280
Excluding aircraft and parts 45,496] 47,132) 43,775| -3.5| +7.7} +1.7| 38,025] 53,903] 42/570] 36,585] +3.9] 38,025] 36,585
Defense capital goods‘ ........ 8,188} 7,449] 5,657] +99) +31.7] -11.0] 8,522} 10,338] 5,939] 7,228) +179] 8522) 7,228
Durables excluding capital goods . | 137,104] 136,120} 132,861] +0.7] +25] +0. 131,379] 125,856] 130,885] 120,630] +8.9] 131,379] 120,630
Miscellaneous series :
Producers’ durable equipment .... | 131,965} 125,888] 1244741 +4.8]  +1.1] +1.0] 117,999] 127,794] 123,962] 107,641] +96]. 117,999] 107,641
Household durable goods ..... 9,760} 9,854) 9,465 1.0} 44.1) +0.8) 8,634) 9,336] 9,668) 7,886 +9.5 8,634 7,886
Information technology industries . 26,101} 25,664] 24,961 +17) +28) 0.4) 20,279) 32,296] 24,369) 19,803 +24 20,279 19,803
Health care equipment
and products .........-- 12,244] 12,797] 12,176] -4.3) +5.1) 42.1) 11,757] 13,621] 11,880] 11,176] +5.2) 11,757] 11,176

* Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories.

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

} Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and material
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and service
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engines

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

* Defense capital goods industries include : ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, tanks
and tank components; and search and navigation equipment.

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Jan. Dec. Nov. Oct. Jan. Dec. Nov. Oct.
1999" 1998" 1998 1998 1999" 1998" 1998 1998
All manufacturing industries ...... 1.36 1.36 138 138 2.67 261 2.61 2.66
Durable goods industries ...... 151 131 153 154 3.07 3.06 3.12
Stone, clay, and glass products . 113 112 13 113 0.78 0.79 O81
Primary metals... ... . . V7 174 174 1.70 2.08 2.08 2.01
Fabricated metal products : 1.53 1.50 153 154 134 135 137
Industrial machinery and equipment 1.67 1.64 1.66 1.64 212 2.09 2.10
Electronic and other
electrical equipment ..... 121 1.24 1.26 1.83 1.83 1,87
Transportation equipment . 1.58 138 1.60 9.12 8.81 9.09
Instruments and related products . 1.85 184 1:90 3.28 327 3.42
Nondurable goods industries 115 1.18 118 0.64 0.65 0.65
Food and kindred product 0.90 0:90 091 (X) (Xx) &
Tobacco products 1.54 175 1.74 (X) (x) x)
Textile mill products . 137 137 157 (NA) (NA) (NA)
Paper and allied products . - 120 122 1.23 (NA) (NA) (NA)
Chemicals and allied products. 138 144 1.45 & &) &)
Petroleum and coal products 094 0.99 0.94 & & (x)
Rubber and plastics products . . 1.25 1:28 126 &) & &)

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

' Excludes the following industries with no unfilled orders : Wood and lumber products; glass contai
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco;
petroleum and coal products; and rubber and plastics products.

rs; metal cans, barrels and drums; farm and garden machinery;
tting mill products; apparel and related products; chemical

Table 9. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES
(Based on seasonally adjusted data)

Shipments New orders Unfilled orders Inventories

Industry
Jan. Jan. Jan. Jan.
Jan? | 1998- Jan? | 1998- Jan? | 1998- Jan? | 1998-
Jan! | 1994] Dec. } Jan! | 1994-| Dec. | Jan] 1994-| Dec. | Jan. | 1994- | Dee.
1999 | 1998] 1998] 1999] 1998] 1998] 1999] 1998] 1998 | 1999 | 1998] 1998
All manufacturing industries ..... . () 02 0.1 (es) 02 02 fea) 01 01 «&) 0.0 0.0
Durable goods industries... . . 05 0.2 02 03 04 03 0.0 0.1 01 oot 01 0.1
Stone, clay, and glass products . . (xX) 04 04 (X) 05 05 (X) 04 0.4 ‘X) 02 0.1
Primary metals... . . 03 02 03}  -02 09 os} 02 05 02 & 02 Ol
Fabricated metal products . . : (X) 04 02 ) 06 03 (x) 03 0.2 (X) 03 0.1
Industrial machinery and equipment .] 9.3 09 03 02 1 03 02 Ol 0.1 x) Ol 01

Electronic and other

electrical equipment. . . -09 04 os} 08 09 13 02 05 06 & 01 02
Transportation equipment 0.1 04 06] -07 08 os} Ol 0.1 0.1 & 02 02
Instruments and related products . (x) 07 05 (Xx) 16 12 (x) 04 02 (X) 02 0.0
Nondurable goods industries X) 0.2 0.1 Xx) 0.1 01 (xX) 04 0.2 (%) 0.1 0.0
Food and kindred products 8 02 0.1 8 o4) (x) (xX) (x) (x) (X) 01 0.1
Tobacco products . . . (X) Ol 0.0 &) (x (x) {X) (X) (X) (X) 0.0 0.0
Textile mill products... . (x) 05 03 (x) | QNA) | (NA) (x) } (NA) (NA) (xX) 01 01
Paper and allied products (x) Ol 0.2 (X)} (NA)] (NA) (X)} (NA) (NA) (X) 0.2 01
Chemicals and allied products (X) 0.1 03 & &) (x (X) (x) X) (xX) 03 0.1
Petroleum and coal products &) 04 0.2 & & &) & & & (X) 04 05
Rubber and plastics products (x) 05 01 (x) (X) (X) (X) (X) (9) (xX) Ol 0.0

Capital goods industries
londefense -0.6 09 03] -10 09 04] 01 0. Ol rea) 0.1 o1
Defense . . “37 10 06} -12 49 32 02 02 02 & 02 02

(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.

2 Average fine thie manth for the Lact five veare


CURRENT INDUSTRIAL REPORTS

£e%

Manufacturers’ Shipments,
Inventories, and Orders

NV]

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

January 1999
13-1-(99)-01
For Wire Transmissions 10:00 a.m. E.S.T. March 4, 1999

For Data - (301) 457-4673
For Questions - Kathy Menth or Lee Wentela
(301) 457-4804 or (301) 457-4852

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

Summary

New orders for manufactured goods in January increased $5.8
billion or 1.7 percent to $349.6 billion, the Department of Commerce,
Bureau of the Census reported today. This follows a 2.3 percent
December increase and is the seventh increase in the last eight
months. Excluding transportation, new orders decreased 0.3 percent,
the first decline since October. New orders for January 1999 are 3.9
percent above January 1998.

Shipments decreased $2.6 billion or 0.8 percent to $341.5
billion, following a 0.8 percent December increase. This is the first
decline since October. Shipments for January 1999 are 2.9 percent
above January 1998.

Unfilled orders, up for the first month since August, increased
$8.2 billion or 1.6 percent to $527.2 billion, the largest increase since
the 2.1 percent increase in November 1997. This follows a 0.1
percent December decrease. The unfilled orders-to-shipments ratio
was 2.67, up from 2.61 in December.

Inventories decreased $1.2 billion or 0.3 percent to $465.6
billion. This is the third consecutive monthly decline following 10
consecutive monthly increases. The inventories-to-shipments ratio
was 1.36, unchanged from December.

New Orders

New orders for manufactured durable goods in January
increased $7.0 billion or 3.6 percent to $202.6 billion, revised from
the previously published 3.9 percent increase. This follows a 3.4
percent December increase and is the largest increase since the 4.4
percent increase in November 1997.

Transportation equipment, up for the third consecutive month,
increased $6.8 billion or 14.7 percent to $53.0 billion, due to aircraft
and parts. This follows a 2.5 percent December increase. Electronic
and other electrical equipment, up four of the last five months,
increased $1.7 billion or 4.9 percent to $35.5 billion. This follows
a 6.0 percent December increase. Industrial machinery and
equipment, down for the first month since October, decreased $1.1
billion or 2.9 percent to $37.1 billion. This follows a 7.4 percent
December increase.

New orders for nondurable goods, down for the first month
since October, decreased $1.2 billion or 0.8 percent to $147.0 billion.
This follows a 1.0 percent December increase. Chemicals and allied
products had the largest decrease.

Shipments

Shipments of durable goods in January decreased $0.9 billion
or 0.5 percent to $194.6 billion, revised from the previously
ublished slight decline. This follows a 0.4 percent December
increase and is the first decrease since May.

Industrial machinery and equipment, had the largest decrease,

$0.5 billion or 1.3 percent to $36.4 billion. This follows a 0.7

ercent December increase. ‘Transportation equipment decreased

$02 billion or 0.5 percent to $47.7 billion, following a 0.9 percent

December decrease. Electronic and other electrical equipment, up

seven of the last eight months, increased $0.2 billion or 0.7 percent
to $33.2 billion, following a 1.1 percent December increase.

Shipments of nondurable goods, down for the first month since
October, decreased $1.7 billion or 1.2 percent to $146.8 billion. This
follows a 1.3 percent December increase. Chemicals and allied
products, down for the first month since October, decreased $1.4

illion or 4.3 percent to $32.1 billion, following a 3.2 percent
December increase.

Unfilled Orders

Unfilled orders for durable goods in January increased $8.0
billion or 1.6 percent to $503.1 billion, unrevised from the previously
published 1.6 percent increase. This follows a slight December
increase. qiansportation equipment, up for the first month since
August, had the largest increase, $5.3 billion or 2.2 percent to $248.5
billion. This follows a 0.7 percent December decrease. Electronic
and other electrical equipment, up four of the last five months,
increased $2.3 billion or 3.8 percent to $62.8 billion. This follows
a 1.4 percent December increase. Primary metals, down ten of the
fast eleven months, decreased $0.7 billion or 2.3 percent to $28.9
billion. This follows a 0.5 percent December decrease.

Inventories

Inventories of durable goods in January decreased $1.6 billion
or 0.5 percent to $293.7 billion, following a 0.9 percent December
decrease. This is the third consecutive decrease. Transportation
equipment, down for the third consecutive month, decreased $1.7
billion or 2.3 percent to $74.0 billion, following a 1.0 percent
December decrease. Electronic and other electrical equipment, down
for the third consecutive month, decreased $0.3 billion or 0.9 percent
to $39.4 billion, following a 1.3 percent December decline. Primary
metals, down for the fourth consecutive month, decreased $0.2 billion
or 1.0 percent to $24.4 billion, following a 0.6 percent December
decline. Fabricated metal products, up seven of the last cight
months, increased $0.2 billion or 0.7 percent to $31.1 billion. This
follows a 0.9 percent December decrease.

Inventories of nondurable goods, up four of the last five
months, increased $0.4 billion or 0.2 percent to $171.8 billion,
following a 0.9 percent December decrease. Petroleum and allied
products, up four of the last five months, increased $0.3 billion or 3.0
percent to $10.6 billion, following a 6.5 percent December decrease.

By stage of fabrication, January finished goods decreased 0.1
percent in durables and increased 0.1 percent in nondurables. Work
in process decreased 1.5 percent in durables and increased 1.1
percent in nondurables. Materials and supplies increased 0.3 percent
in durables and decreased slightly in nondurables.

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



Nondefense Capital Goods 11

New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

New Orders
52] —__

Shipments

47} --------2

42b--- 2 eee eee ee eee 442

37 b-------- 2-2-2 - ee eee ee eee eee eee eee -- 5 37

L i L L L L L L L L 1 1 i
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan
Jan. 1997 - Jan. 1999

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
10 10

New Orders

‘Shipments

Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov’ Jan
Jan. 1997 - Jan. 1999

Note: All Charts based on seasonally
adjusted current dollars.


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

BY INDUSTRY GROUP
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Jan. Dec. Nov. | Dec- | Nov. | Oct- Jan. Dec. Nov. Jan. Jan.
1999” 1998" 1998 | Jan. | Dec. | Nov. | 1999" 1998" 1998 1998 | 99/98
MATERIALS AND SUPPLIES
All manufacturing industries 154,289 } 154,046 | 155,862 -12 0.1 | 155,055 | 153,675 | 155,775 | 153,525 +10
Durable goods industries ........- 92,011 91,740 93,115 15 0.2 92,492 91,318 93,671 91,392 +12
Stone, clay, and glass products . . 3,151 3150 | 3,148 +01 | +12 | 3164] 3164 | 3,150 | 3,007 +52
Primary metals... .... 7,692 77840 | 7,917 “1.0 02) 7,782 8,152 | 8,089 7,888 -13
Fabricated metal products :.. | 10,429 | 10,400 | 10,661 24 -08 | 10,526 | 10,531 | 10,611 | 10,417 +10
Industrial machinery and equipment | 20,019 | 19,774 | 19,795 0.1 | +11 | 19,898 | 19,267 | 19,909 | 19,238 $3.4
Electronic and other
electrical equipment ..... 15,489 | 15,538 | 15,709 ll -13 | 15,477 | 15,239 | 15,708 | 15,806 2.1
Transportation equipment .... . . 15,243 | 15,135 | 15,604 3.0 0.0 | 15338 | 14954 | 15,598 | 15,195 +09
Instruments and related products . . . 81887 | 9,012 | 9,228 23 -0.6 | 8,865 8,855 9,179 | 8,866 0.0
Lumber, furniture and
miscellaneous durable goods .. . . . 11,101 | 10,891 | 11,053 “15 -10 } 11,442 | 11,156 | 11,427 | 10,975 +43
Nondurable goods industries 62,278 | 62,306 | 62,747 0.7 | 40.1 | 62,563 | 62,357 | 62,104 } 62,133 40.7
Food and kindred products . 11,496 | 11,276 | 11,215 +05 -17 | 11696 | 11340 | 11348 | 11,255 439
Tobacco products . . 4;945 3064 3136 -14 | -18] 5316 | 5,408 | 5,053 5,587 49
Textile mill products . 2887 | 2905 | 2,896 +03 21 2880 | 2,854 | 2,795 2/949 23
Paper and allied products 77842 | 7,930 | 7,968 05 -0. 7349 | 7994 | 7,896 7976 “16
Chemicals and allied products 15,792 | 15,743 | 15,521 +14 0.1 | 15,732 | 15,612 | 15,390 | 14,988 +5.0
Petroleum and coal products 3,131 3103 | 3,613 “gi | +114 03 3050 | 3,583 | 3,576 | -15.0
Rubber and plastics products 6,869 | 6,881 6,989 -15 | 412] 6906 | 6,930 | 6,905 6,667 43.6
Apparel, printing and publishing
and leather goods .........+- 9316 | 9,404 | 9,409 0.1 02 | 9145 | 9,169 | 9,134 | 9,135 +0.1
WORK IN PROCESS
All manufacturing industries 149,146 | 150,590 | 152,304 0] +L -04 | 147,563 | 145,967 | 153,935 | 145,581
Durable goods industries ......... 119,478 | 121,246 | 122,509 “15 | -1.0 -0.8 | 117,923 | 117,283 } 123,475 | 116,320
Stone, clay, and glass products 1397 1387 1365 | +071 +16] +07 1383 1,290 1,260 304
Primary metals -....... - 81565 8,567 8,672 oo] 12] +08) 8,521 8450 | 8.540 | 8,891
Fabricated metal products. ...... 9119 | 9105 | 9222 | +02] -13) +10] 8957 | 8,919 | 9,251 8,544
Industrial machinery and equipment } 22,536 | 22,507 | 22,758 | +0.1 11 -03 | 223148 | 21/506 | 23,103 | 22,203
Electronic and other
electrical equipment .... 13,648 | 13,634 | 13,914 -2.0 -14 | 13,488 | 13,140 | 13,939 | 14,224
Transportation equipment ........ | 48,926 | $0,753 | 51,254 -10 -19 | 48,440 | 49,251 | 52,094 | 46,358
Instruments and related products ... | 10,006 | 10,004 } 10,012 0.1 | +07] 9,763 | 9,587 | 10,055 | 9,70:
Lumber, furniture and
miscellaneous durable goods . . 5,281 5,289 | 5,312 04] +12 5,223 5,140 | 5,233 5,094
Nondurable goods industries . 29,668 | 29,344 | 29,795 | +11 -15 | +413 | 29,640 | 28,684 | 30,460 | 29,261
Food and Kindred products 5,950 57834 | 5,724 | +20] +19] +24 297 | 6,246 | 6,377 6,098
Tobacco products... . 96 94 92] 421] 422 0.0 98 88 105 102
Textile mill products... . 2,556 | 2,588 | 2,621 12) -13 09 | 2,558 | 2,500 } 2,613 2,715
Paper and allied products . . 1651 1,655 1,579 02] +48] +18 1,696 1,661 1,500 1,736
Chemicals and allied products 8741 8592 | 96a] +17] 62] +45 8,613 8380 | 9,190 8,182
Petroleum and coal products 2349 | 2,348 | 2,451 00) 42) 67) 2301 2199 | 2,479 | 2,534
Rubber and plastics products... . . 2257 | 2232 | 2237 | +11 02 | +19] 2291 2,195 2215 2/265
Apparel, printing and publishing
and leather goods ........-+-- 6,068 6,001 5927.) +11} +12 -0.1 5,786 | 5,415 5,921 5,629 +28
FINISHED GOODS
All manufacturing industries 162,132 | 162,162 | 162,834 00] -04] +04 | 160,593 | 156,688 | 161,995 | 157,428 42.0
Durable goods industries... . 82,254 | 82,358 | 82,357 -0.1 +0.7 | 81,433 | 78,814 | 81,609 | 78,990 43.1
Stone, clay, and glass products 4848 | 4,794 807 | +1. +08 | 4869 | 4649 | 4,594 | 4,784 +18
Primary metals... . : 8184 | 8,272 8,228 “ld -07 | 8204 | 8,195 8,093 8,068 +17
Fabricated metal products . . : | sia | 11350} 125i | +14 +03 | 11380 | 10,828 | 10,924 | 10,659 +68
Industrial machinery and equipment 18,122 | 18,251 | 18,421 0.7 +0.1 | 18;236 | 17,642 | 18,551 | 18,326 -0.5
Electronic and other
electrical equipment ..... 10,307 | 10,614 | 10,692 29] -07 | +13] 10,077] 9,998 | 10,649 | 10,419 33
Transportation equipment ... . . 9,787 9813 | 9,594 03} +23] +46] 9,513 8.952 | 9,584 8,42 +130
Instruments and related products . 7584 | 7499 | 7,439 | +11] +08 -0.1 77288 | 7;241 7,595 6,961 +47
Lumber, furniture and
miscellaneous durable goods . . . 11,909 ] 11,765 | 11,925] +12] -13 00 | 11,866 | 11,309 | 11,619 | 11,351 445
Nondurable goods industries . 79,878 | 79,804 | 80,477 | +0.1 | -08 | +0.1 | 79,160 | 77,874 | 80,386 | 78,438 +09
Food and kindred products 20,131 | 20,189 | 20,325 03] 0.7 -0.7 | 19,954 | 19,902 | 21,087 | 20,386 2.1
Tobacco products 686 709 71 321 03 | +16 821 801 98 808 +16
Textile mill products... . . 4,650 | 4,687 | 4,677 08 | +02 02 | 4,620] 4,402 | 4,553 4,493 42.8
Paper and allied products . . 6,688 | 6,777 | 6,936 3] -23 05 6,679 | 6,599 | 6,855 6715 0.5
Chemicals and allied products 21939 | 21/882 | 22190 | +03] -14] +06 | 21,919 | 21,704 | 21,963 | 21,459 +21
Petroleum and coal products 5,08 4903 | 4901] +58] 20] -12] 4946 | 4614 5,04" 5,029 “17
Rubber and plastics products... . . 7,656 | 7,653 7,631 oo] +03 | +07 7724 7,472 7,387 7778 07
Apparel, printing and publishing
and leather goods ........ 13,046 | 13,104 | 13,106 -04 00} +14 | 12,497} 12,380 | 12,508 | 11,770 +62

® Preliminary. ‘ Revised.

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


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

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Jan. Dec. Nov.} Dec] Nov-{ Oct Jan. Dec. Nov. Jan} Jan.
i999] 1998" 1998]  Jan.| Dec. Nov.] 1999" 1998" 1998 1998] 99/98
All manufacturing industries .. . . 527,190] 519,038] 519,303] +16) -0.1 -1.0| 531,127] 512,986] 514,816] 543,779] 2.3
Manufacturing industries
without defense capital goods . 429,774] 423,091] 424,263 +16 03 1.0] 432,375] 417,273] 421,855] 439,580 “1.6
Durable goods industries 503,124] 495,172] 495,129] +1.6 00] -1.1] 507,598] 490,040] 491,398] 518,535} = -2.1
Stone, clay, and glass products 6288) 6,221] 6,249] +11 04]  -07] 6,280| 6,071 6,068] 6354) 12
Primary metals. . : 28363| 291554] 29689] 23] 0.5] 1.0} 29,217] 28,847) 28,076] 35,331) 17.3
Blast furnaces, steel mills. 10.939| 11,430] 11,458] -4.3 02] +02] 11147] 11,035] 10,667] 14,889] 25.1
Iron and steel foundries 5353] 5,458] 5594] 19] 24] +10] 5,353] 5,352] 5,382} 5,605) 45
Nonferrous and other primary
metals .....--.... 12,571| 12,666] 12,637] -0.8] = +02] +1.8] 12,717] 12,460] 12,027) 14,837) -143
Fabricated metal products 26153] 25894] 25957| +10] 02] -0.7) 26,057] 25,434] 25,507] 26,800) 2.8
Industrial machinery and equipment. | 73:198| 74:460| 73,092] +10] +19) -14] 76,072) 74,441) 73,622) 74,272) 42.4
Engines and turbines .......... 18510| 18,082] 16,658) +24) —-+8.5 0.6] 19,020] 18,725] 17,423] 12,480] +52.4
Construction, mining and
material handling equipment . 9,794] 9,840] 9,750] -05] +09) -22] 9,921 9,633] 9,410] 10,804) 8.2
Metalworking machinery .... 6560] 6446) 6.758) +18] 46] 20] 6,560} 6,446} 6,758) 7,173 85
Computer and office equipment 8,211 8164) 7,626) +06) 47.1 5] 7955) 7,941 77350| 7,587) +49
Electronic and other
electrical equipment ......... ++ 62,806] 60,530] 59,677| 43.8] +14] -1.2] 64,798} 57,806} 59,822) 58,143) +114
Electrical transmission and
distribution equipment and
industrial apparatus ..... 6,285 6,359 6,366 12 0.1 -ll 6,274 6,181 6,249 6,546 4.2
Electric lighting and
wiring equipment 372} 5,022} 4.919} 43.0] 42.1 -17| 5,172] 5,022] 4,919] 4,944] 44.6
Communications equipment 17201| 171033] 17290] +10) -15] -13] 17,185] 17,057] 17,293] 15,533] +10.6
Electronic components . 27'358| 25,858] 24982) +77| 435]  -21] 29,653] 23,655] 25,422 24,682) +20.1
Transportation equipment . 248'507| 243.205) 244.947] +22] 0.7] —-1.3] 249,917] 242,584) 243,188] | 258,941 3.5
Aircraft, missiles,
space vehicles, and parts. 207,855 | 204,434] 208,629] +17] — -2.0 208,985 | 204,008] 207,056| 222,069]  -5.9
Shipbuilding and tanks . . 20,339} 19,373] 17,936] +50] +8.0 20,329| 19,322] 17,992] 18,572] +9.5
Instruments and related products . 47.268] 47,149] 47,407] +03] = -0.5 47,588) 47,185] 46,979] 50,363] -5.5
Search and navigation equipment 26,195] 26,260] 26,588] -0.2 26.417] 26.428} 26,079] 29,079] -9.2
Measuring and controlling devices 10,158] 10,185] 10,095 03 10,158] 10,185] 10,095] 11,023] -78
Medical instruments and supplies 9891] 9,675] 9,697} 42.2 10,056] 9,586] 9,847) 8,700} +15.6
All other durable goods .......... 8041] 8159] 8111 -14 7,669| 7,672| 8,136] 8,331 -19
Nondurable goods industries ...... - 24,066} 23,866} 24,174] 40.8] -1.3 23,529] 22,946] 23,418] 25,244] -6.8

° Preliminary. ‘ Revised.

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


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

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

Jan. Dec. Nov. | Dec.- | Nov.- | Oct.- Jan. Dec. Nov. Jan, Jan.
1999F | = 1998" 1998} Jan. Nov.} 19997} 1998" 1998 1998 | 99/98 1999P 1998

All manufacturing industries .. . . 349,607] 343,823] 335,930] +1.7] +2.3] +0.4] 325,085] 340,256] 333,218] 310,926] +4.6 325,085] 310,926

Manufacturing industries
with unfilled orders -| 205,655] 198,307] 193,166] +3.7] +2.) +0.7| 191,488] 202,667| 191,627] 178,934]  +7.0} 191,488] 178,934
without defense capital goods .... . 341,419] 336,374) 330,273] +1.5| +1.81 +0.6] 316,563! 329,918] 327,279| 303,698] +4.2| 316,563] 303,698

Durable goods industries 202,577] 195,574] 189,193] +3.6] +34] +0.4] 188,037] 196,922] 186,550] 172,138)  +9.2| 188,037 172,138
With unfilled orders. . 168,396] 161,497] 156,038} +43) +3.5] +0.5] 156,781] 166,558] 153,555] 143,932) +89] 156,781] 143,932
Stone, clay, and glass products 8,347] 8,289] 8,195) 40.7) +111 42.0 7,415] 7,405] 7,934] 6,852] +82) 7.415) 6,852
Primary metals... . 13,599} 14,087] 14,587] -3.5] -3.47  +9.3| 13,950] 13,768] 14,140] 15,993] -128] 13,950] 15,993
Blast furnaces, steel mills 4,906] 5,331} 5,572] 8.0] 4.3) +13.4] 5,359] 5,268] 5,353] 6,870] -220] 5359] 6.870
Iron and steel foundries 1,424) 1,433] 1,568} -0.6] 8.6] +4.3) 1,403) 1,293] 1,515] 1,478] 5.1] 1.403] «1.478

Nonferrous and other primary
metal . 7,269] 7,323] 7,447] -0.7| -1.7]+7.5] 7,188) 7,207] 7,272) 7,645|  -6.0| 7,188} 7,645
+--+} 20,607] 20,460] 20,235] +0.7) +1.1) +0.7/ 18,891! 19,079] 19,790] 17,762) +64] 18,891] 17,762
Industrial machinery and equipment . | 37,117] 38,243| 35,593] -2.9] +74! +0.3| 31,7951 40,9821 33,9301 31.101| 422{ 31,795 31/101
Engines and turbines -| 2,732) 3,756) 2,308] -27.3) +62.7] -16.6] 2,186) 4,202] 2,457] 1,633) +339] 2186] 1,633

Construction, mining ani
material handling equipment 3,879] 4,082] 3,817] -5.0) +69] +18) 3,743} 4,072] 3,486 4,112] -9.0] 3,743] 4112
3,489] 3,188) 3,567] +94) -10.6| +5. 2,694] 3,361] 4,010] 2,706] -04| 2694] 2.706

Metalworking machinery . ;
Computer and office equipment . 11,003} 11,555} 10,944] 4.8) 45.6 0.0 8,016] 14,761] 10,135] 7,453) +7.6| 8.016] 7,453

Electronic and other
electrical equipment
Electrical transmis

distribution equipment and
industrial apparatus .
Electric lighting and
wiring equipment
Communications equipment
Electronic components . .
Transportation equipment . .
Aircraft, missiles,
space vehicles, and parts.

see 35,513] 33,859) 31,933) +49] +6. 4.2) 35,063] 34,946] 31,022] 29,788) +17.7 35,063] 29,788

3,668] 3,803 3,536] -3.5) +7.6{  -3.0) 3,367] 3,740] 3,342) 3,175) +6.0 3,367 3,175

2,398] 2,537) 2,171 5.5] +169) 4.4) 2,123] 2,725] 2,265) 1,975) 475 2,123 1,975
8,318] 7,364) 7,313] +13.0]  +0.7]  -5.7} 6,320] 10,472] 7,423] «6,144 +29 6,320 6,144
15,528) 14,415] 13,137] +7.7] +9.7) — -7.21 18,065] 12,526] 11,702] 13,823] +30.7 18,065} 13,823
52,962) 46,166) 45,024] +14.7] +25] +0.3] 50,089} 46,056] 46,476] 41,302] +213] 50,089] 41.302

15,906] 7,848] 9,962] 102.7} -21.2/ +3.4] 15,043] 11,637] 10,449] 12,536] +20.0 15,043] 12,536
749

Shipbuilding and tanks . 2,075] 2,351 754 11.7) 211.8) -61.1] 1,852] 2,420 803) 749) 147.3 1,852
Instruments and related products ....] 14,268 14,113] 13,920] +1.1] +14) 42.0 12822] 15,629] 13,844] 12,415] +33] 12'822| 12,415
Search and navigation equipment . | 3,069] 2,926] 2,902] +49] +0.81 +5.8| 2,684] 3,857] 2'918| | 2'303] +122] 2,684) 2'303
Measuring and controlling devices . 4,179} 4,082 4,111) +2.4) -0.7] 44.6) 3,746] 4.318] 4.134] 3.871 3.2 3,746 3,871
Medical instruments and supplies .| 4,776 4,770] 4,410] +0.) +8.2| -3.41 4'5531 5,067] 4/206] 4263 +68] 41553] 4263
All other durable goods .......... 20,164] 20,357] 19,706) -0.9| 43.3} 40.1] 18,012] 19,057] 19,414] 16,925] +64] 18012] 16925

Nondurable goods industries .
With unfilled orders . . .

147,030] 148,249] 146,737} -0.8| +1. +0.4) 137,048] 143,526] 146,668] 138,788) 1.3] 137,048] 138,788
37,259) 36,810] 37,128} +1.2|  -0.9} +1.4! 34,707] 36,109] 38,072] 35,002 0.8 34,707] 35,002

’ Preliminary. ‘ Revised.
' Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.

(a) 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 doll
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 erre
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Eusth
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(9¢
“Manufacturers’ Shipments, Inventories, and Orders: 1987-1996."


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

Seasonally adjusted

Not seasonally adjusted"

Monthly Percent Change Monthly Percent | Year to date
Industry change
Jan. | Dec, | Nov. | Dec] Nov.-| Oct-} Jan.} Dec.] Nov.} Jan.) Jan.
1999°| 1998] 1998] Jan.) Dec.] Nov.| 1999°| 1998] 1998] 1998} 99/98 | 1999" |_ 1998
All manufacturing industries .. . . 341,455] 344,088] 341,423] -0.8|  +0.8|  +0.4) 306,944] 342,262] 341,167} 298,705] +28] 306,944] 298,705
Manufacturing Industries
with unfilled orders. ..| 197,503] 198,572] 198,659] 0.0] +0.7| 173,347] 204,497] 199,576] 166,713] +4.0) 173,347] 166,713
without defense capital goods .. . | 334,736] 337,546] 334,469 +09} +0.4) 301/461] 334,676] 334,015] 293,460]  +2.7| 301,461] 293,460
Durable goods industries 194,625] 195,531] 194,823] -0.5]  +0.4) +0.5| 170,479] 198,280] 194,672] 159,937] +6.6] 170,479) 159,937
With unfilled orders 160,444] 161,454] 161,668] -0.6 40.7} 139,223] 167,916] 161,677] 131,731] +5.7| 139,223] 131,731
Stone, clay, and glass products . 8,280] 8,317) 8,236, -0.4 +11] 7206] 7,402] 8,044] 6,674] +8.0] 7,206] 6,674
Primary metals... ..... 14290] 14,222] 14,286] +05 “2.1] 13,580] 12.997] 13,914] 15,000] -9.5)_ 13,580] 15,000
Blast furnaces, steel mills . 5397] 51359) 5551] +07] -3.5] -3.1) 5,247] 4,900] 5,319] 6,339) -17.2) 5,247) 6,339
Iron and steel foundries 1'529| 11569] 1,515) -25| 43.6 +1.7| 1,402) 1,323] 1,473) 1,349] +3.9) 1,402) 1,349
Nonferrous and other primary
metals... 20... 7364] 7,294] 7,220] +1.0} +10} -2.0] 6931] 6,774] 7,122] 7,312) 8.2) 6,931} 7.312
Fabricated metal products 20/348] 20'523] 20415] -09| +05) +1.2{ 18,268] 19,152] 20,227) 17,312] +55] 18.268) 17.312
Industrial machinery and equipment. | 36379] 36875] 36,623] 13] +0.7] -1.0] 30,164) 40,163] 34,464) 30,254] -0.3) 30,164) 30,254
Engines and turbines .........- 2304) 21332) 2413] -12] -3.4) +09] 1,891] 2,900) 2,359) 1,687] +12.1] 1,891] 1,687
Farm and garden machinery 1'928| 1.761] 1,678) +9.5| +49 -4.8) 1,732] 1,270] 1,237] 1,844) 6.1] 1,732] 1,844
Construction, mining and
material handling equipment ....| 3,928] 3,992{ 4,035] -1.7| 1.1] -1.5]. 3,455] 3,849] 3,765] 3,674) -6.0| 3,455] 3.674
Metalworking machinery 3375| 31500] 3.703] -3.6]  -5.5) +23} 2,580] 3,673] 4,146) 2,682] -3.8| 2,580) 2,682
Computer and office equipme: 10956} 11017] 11,063] -0.6| -0.4| 1.3] 8,002} 14,670) 10,170) 7,498] +67) 8,002) 7,498
Electronic and other
electrical equipment ..........- 33,237] 33,006] 32,634] +0.7| +1.) +13] 28,071] 36,962) 33,995) 24,951} +125} 28,071] 24,951
Electrical transmission and
distribution equipment and
industrial apparatus . . 3.7421 3,810] 3,608] -1.8] +5.7] -0.1] 3,274) 3,808} 3,467) 3,147] $4.01 3,274) 3,147
Household appliances . . . 2208] 2240] 2149] -0.5] +42} +48] 1,822| 2,204] 2,084) 1,650] +104) 1,822) 1,650
Electric lighting and
wiring equipment ...... 2248) 2,434) 2,258] -7.6]  +7.8] +04] 1,973] 2,622] 2,352) 1,958) +08] 1,973) 1,958
Household audio and
video equipment .... . 1,170 1,124] 1,017] +4.1] +105) +1. 956| 1,123) 1,270 810] +18.0 956 810
Communications equipment 8150] 7,621] 7533] +69] +12] +23] 6,192) 10,708) 7,630] 4,942) +25.3) 6,192] 4.942
Electronic components . 13/528 131539] 13,681] -0.1} -1.0] +0.3| 12,067] 14,293] 14,217] 10,681) +13.0] 12,067] 10,681
Transportation equipment 47,660] 47,908] 48324] -0.5] -0.9} +0.6] 42,756] 46,660] 49,747] 36,878] +15.9) 42,756) 36.878
Motor vehicles and parts . 32:087| 32.169} 31.581] -0.3] +19] 0.0) 30,117] 28,329] 32,539 26,100] +154) 30,117) 26,100
Aircraft, missiles,
space vehicles, and parts. 12,485] 12,043] 13,215] +3.7|  -8.9| +33] 10,066] 14,685) 13,657] 8,587| +172] 10,066] 8,587
Shipbuilding and tanks 1109] ‘914{ 1/283] +213] -28.8] -11.9] 845] 1,090) 1,322) 607) +39.2 845 607
Instruments and related pro 14149] 14371] 14517] -15] 1.0] +3.4] 12,419] 15,423] 14,916) 12,181] +2.0) 12,419) 12,181
Search and navigation equipment 3134] 31254 3,296] 3.7] -1.3) +3.6f © 2,695] 3,508) 3,286] 2,557] $5.4) 2,695) 2,557
Measuring and controlling devices | 4206| 3,992| 4,230) +54] -S.6] +7.7] 3,773] 4,228] 4,253) 3,701) +19) 3,773) 3.701
Medical instruments and supplies.) 4,560 4:792| 4'554| 4.8] +52) +0.7} 4,083) 5,328] 4,400]. 3,987) +24) 4,083) 3,987
Photographic goods . Tait 1872] 1.956] -33) -43) +02) 1,480} 1,909) 2,096) 1,533} 3.5] 1,480] 1,533
‘All other durable goods .. . 20'282| 20309] 19.788] -0.1| | +2.6{ +09] 18,015] 19,521] 19,765] 16,687] +8.0) 18,015) 16,687
Nondurable goods industries 146,830 148,557| 146,600} -1.2| +13] +0.2) 136,465] 143,984] 146,495] 138,768 136,465] 138,768
With unfilled orders . 37,059] 37,118] 36,991] -02] +03) +0.6] 34,124) 36,581] 37,899) 34,982] 34,124] 34,982
Food and kindred products . 41513] 41,585, 41,387| -0.2) +0.5] +0.1) 38,992] 40,952] 42,172] 38,163 38,992| 38,163
Meat products 8'572| 8'572| 8,691) 0.0] -1.4) 0.0 8,015] 8,391] 8,802] 8,040) -0.3 8,040
Dairy products . 6763] 6.944] 6,755] -2.6] 42.8] +4.5} 6,583 6,868] 6,909] 5,635] +168 5,635
Beverages . 6,230] 6,151 6,028) +13 +2.0) -18) 5,379] 5,753 5,724} 5,284) +18 5,284
‘All other foods, except fats and oils | 18,003] 17,762] 17,784] +14) 0.1] -1.0) 17,070] 17,784) 18,608) 17,119} -0.3 17119
Tobacco products 3,922] 3,817] 3,398) 42.8] +12.3) 2.0) 3,816} 3,912) 3,346 2,923] +30.6 2,923
Textile mill products . ssi] 6.472] 6.498] +1.7]  -0.4) -0.8} 5,763) 5,825] 6,533) 6,283) -8.3 6,283
Broadwoven fabrics and
other textiles ...... 3,854] 3,810] 3,852] +12) 1a} -1.2) 3,473] 3,561] 3,741) 3,901] 11.0) 3,473) 3.901
Paper and allied products . 13'524] 13,669] 13:48 -1.1] +13) +0.5] 13,003] 13,287] 13,265] 13,576) 4.2) 13,003] 13,576
Pulp, paper, and
paperboard mill products ...... 5,197| 5,061] 5,051] 42.7) +02} -1.2) 4,998) 4,973] 3,026] 5,378) -7.1] 4,998) 5,378
Paperboard containers and boxes 345i] 31593) 31504] -4.0) 42.5] +2.) 3,322) 3,361) 3,430) 3,493] 4.9] 3,322) 3,493
Miscellaneous converted
paper products... .. 4,876] 5,015] 4,934 +16 +12} 4,683) 4,953] 4,809] 4,705] -0.5] 4,683] 4,705
Chemicals and allied products 32,144] 33,581| 32,533 432] +18) 30,675] 33,291] 31,044] 31,326] -2.1] 30,675) 31,326
Industrial chemicals . . 14,634) 14,817] 14,439) 426-10, 14,052} 14,189} 13,884] 15,144] -7.2] 14,052] 15,144
Drugs, soaps, and toiletries 13,738] 14,791] 14,309] 434) 45.6] 13,263] 15,814] 14,146] 12,733) $4.2) 13,263] 12,733
Petroleum and coal products . 10,422| 10,901] 11,043] “13)  -4.0| 9.243] 10,655] 11,080] 11.944] -22.6] 9,243] 11,944
Rubber and plastics products 13,205] 13,400] 13,209] +14} -0.3) 12.211) 12,007] 12,688] 12,171) 0.3) 12.211) 12,171
All other nondurable goods 25,519| 25,132) 25,043 +04) +091 22'762| 247068] 26,367| 22,382) +1.7) 22,762 22,382

T Preliminary. 7 Revised.

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

Cae nate at and af tahle 2 relatino to survey error and revision.