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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
May Apr. Mar.|  Apr.-| Mar.-|_— Feb.- May Apr. Mar. May] — May
1992 1992" 1992] May! = Apr.{— Mar. 1992 1992! 1992 1991} 92/91
All manufacturing industries . 383,266} 382,206] 383,239] +0.3 03 0.0] 385,828] 384,499] 383,614] 395,138 24
Manufacturing industries with
unfilled orders... . vesssess sd 257,861] 258,060] 259,192 0.1 0.4 -0.3} 260,692] 260,040] 259,380] 272,947 AS
Durable goods industries . . . ++] 242,386] 242,512] 243,787 0.1 05 0.2] 244,641) 244,122] 244,207] 256,525 AG
With unfilled orders 2.0... 2... 224,119} 224,307] 225,564 0.1 0.6 0.3) 226,492] 225,888] 225,622} 238/290 5.0
Stone, clay, and glass products. | 7,943 7,903 7919| +05 0.2 0.6 8,121 8,088 8,069 8,262 “17
Primary metals .. . . - 19,833] 19,864} 19,896 0.2 0.2) +07) 19,864] 19879] 19,758] 21499 -16
Blast furnaces, steel mills. 9,734 9,737 9,858 0.0 12 0.1 9,676 9,623 9,673 10,491 78
Iron and steel foundries . . . 1,415 1,420 1,383 04) +27) +12 1,452 1,469 1,436 1,459 05
Nonferrous and other Primary
metals . 8,684 8,707 8,655 03] +06] +16 8,736 8,787 8,649 9,549 85
Fabricated metal products ||| 22,959] 22,750] 22,717 « +09]  +0.1 -0.3] 23,266] 23,044] 22,989] 23'879 26
Industrial machinery and equipment . 45,136 45,122 45,324 0.0 0.4 0.6 45,700 45,400 45,252 49,512 17
Engines and turbines ......... 3,489 3,528 3,526 lif +01 “17 3,947 3,536 3,432 3,653 29
tan and garden machinery . 2,251 2,241 2,267 +04 ll 2.6 2,278 2,275 2,389 2,571 114
Construction, mining and
material handling equipment .... . 6,015 6,052 6,181 0.6 21 +01 6,099 6,142 6,233 7,082 -13.9
Metalworking machinery ........ 5,536 5,579 5,658 08 14 +04 5,636 5,643 5,625 5,904 4S
Computer and office equipment ...| 9/578 91554 9,602} +03 05 0.0 9,741 9,539 9,345| 10,640 84
Hlectronic and other
clectrical equipment .............1 30,840] 30,919 30,977 03 -0.2 0.1} 31,419] 31,265] 30,955] 32,519 34
Electrical transmission and
distribution equipment and
industrial apparatus... .. tees 4,307 4,284 4,281} +05} +01 06 4,365 4,352 4,294 4,554 A2
Household appliances .......... 271 2,742 2,782 ld “14 03 2,914 2,890 2,867 2,966 18
Electric lighting and
wiring equipment 2,958 2,968 2,965 03) +01) +05 3,044 3,018 2,964 3,202 49
Household audio and
video equipment ... . sees 1,261 1,255 1273] +05 14] +21 1,275 1,239 1,229 1,034] +233
Communications equipment - | 7,321 7,305 7,262/ +02] +06 03 711 7311 7,167 7,S32 “1.6
tronic components ........... 8764 8,849 8,917 -1.0 08 0.4 8,808 8,860 8,891 9,575
Nransportation equipment . . 71,505] 71,892} 73,028 05 “1.6 0.3} 71,726] 72,143] 73,170] 76,044
Motor vehicles and parts 12,267 12,336 12,387 0.6 0.4 +0.7 11,938 12,267 12,490 12,285
Aircraft, missiles,
space vehicles, and parts. 54,845] $5,129] 56,178 0S 55,348] 55,463] 56,283] 59,455 69
Shipbuilding and tanks . 2,063 2,091 2,107 -13 2,108 2,110 2,035 1,975 +6.7
Instruments and related produc ----| 23,836] 23,890] 23,999 0.2 24,212| 24,134] 23,999] 25,355 AS
Search and navigation equipment ..J ”7'5g] 7,672 7,815 12 7,691 ISL 7,182 8,744] -12.0
Measuring and controlling devices 6,703 6,680 6,666] +03 6,763 6,693 6,656 7,075 44
Medical instruments and supplies 6,058 6,032 5,972 +04 6,191 6,127 6,034 5,943 +4.2
Photographic goods 4 2,852 2,851 2,884 0.0 2,915 2,893 2,858 2,867 +17
All other durable goods ........... 20,334 20,172 19,927 +08 20,333 20,169 20,015 19,455 +45
Nondurable goods industries... 140,880] 139,694] 139, 452 +08 +0.2 +04) 141,187) 140,377] 139,407] 138,613 +19
With unfilled orders ..... 22... 33,742 33,753 0.0 +04 0.3 34,200 34,152 33,758 34,657 “13
Food and kindred products : 30,325 29,849 30500 +16 “14 +10 29,170 29,137 29,657 28,107 +38
Meat products ................f 92173] 2,633 2,731] +3.7 36) +06 2777 2,732 2,780 2,875 “34
Dairy products ........ +] 2,839 2,737 2,649] +3.7] +33] +21 2,876 2,784 2,637 2,497| +152
Beverages... . 5,541 5,456 3447} +16] +02] +19 5,569 5,536 5,528 5,226] +66
All other foods, except fats and oils. 17,569 17,483 17,879 +05 2.2 +06 16,339 16,490 17,088 15,971 +23
Vobacco products... ... fee 6,845 6,630 6499] +32] +20 03 6,619 6,783 6,588 6121] +81
Fextile mill products fetes 8,832 8,763 8,750 +08 +01 0.0 9,140 8,949 8,798 8,858 +32
Broadwoven fabrics and
other textiles. : 5,121 5,122 5,152 0.0 0.6 0.1 5,259 5,230 5,189 5,358 “18
Paper and allied products . 13,766] 13,738) 13,634) +02] +08! +03] 13946) 13942] 13797] 137765] 413
Pulp, paper, and
paperboard mill products ...... 5,734 5,680 5,583 +10 +17 0.2 5,826 5,786 5,679 5,456 +68
Paperboard containers and boxes . . 3,283 3,246 3,246 +1 0.0 0.2 3,286 3,283 3,267 3,219 +21
Miscellaneous converted
Paper products . : 4,749 4,812 4,805 13} +01) 0 +11 4,834 4,873 4,851 5,090 5.0
Chemicals and allied products” 34,000] 33,997] 33,924 00] +02 0.2) 34,247) 34,433) 34,340] 33,944] 40.9
Industrial chemicals .. . . : 17,118] 17,050} 17,183] +04 08 OS} 17,186] 17,216] 17,416] 17,634 25
Drugs, soaps, and toiletries .......f 12489| 12464] 12282] +02) 415] +07 12,714] 12,581) 12,113} 1.787] +7.9
Petroleum and coal products .... . T4137 11,206) 118] +18 +08} +27) asm} iisif 10976} 12171 49
Rubber and plastics products .. . . 11,015 10,910 10,891 +10 +0.2 08 11,173 11,106 11,048 11,708 46
Ailother nondurable goods ........] 24,684] 24,601] 24,376] +03] +09} +06} 25°31 24,876] 24,203) 23,930] +58

Preliminary. " Revised.


10

Billions of Dollars

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

300 300
New Orders:

280 |- Shipments | 280

260 |- + 260

240

240

220 - + 220
200 LU ! 1 ! \ ! ! L ! N ! ! LI} 990
May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May
May 1990-May 1992
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments
1/S Ratios UO/S Ratios

43
142
41
4
3.9
3.8
15 ! i ! ! ! L N Nl L ! i) 37
May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May

May 1990-May 1992

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
May Apr. Mar.| Apr.-| | Mar.-]_— Feb.- May Apr. Mar. May May
1992 1992 1992] May} Apr.| Mar.| 1992 1992" 1992 1991] 92/91
UNFILLED ORDERS
All manufacturing industries .....] 493,664] 496,285] 497,263, 05 02 0.6] 496,477] 499,574] 500,481] 517,740 Al
Market categories :
Automotive equipment .. . . 1,744 1,727 1,676 +10 +3.0 23 1,744 1,763 1,704 1,578 +105
Home goods and apparel . . 9,265 9,437 9,274 18) +18 43 9,942 9,982 9,548 9,518 +45
Consumer staples . o 1,222 1,266 1,260 35 +05 13 1,164 1,247 1,235 1,154 +09
Machinery and equipment 212,176 | 211,722] 212,773 +0.2 05 0.0] 212,529} 211,903) 212,714] 221,271 40
Business supplies 5,672 5,721 5,808 09 AS +16 5,793 5,711 5,813 6,007 3.6
Construction materials
and supplies . . 14,107 14,048 13,961 +04 +0.6 0.6 14,253 14,197 14,046 13,663 443
Defense products . . 128,678] 130,521} 130,777 14 0.2 1.1] 128,714} 131,303] 132,588] 139,769 79
Other materials, supplies and
and intermediate products. 120,800} 121,843} 121,734 09} +01 -0.8| 122,338] 123,468] 122,833] 124,780 -2.0
Durable goods industries :
Nondefense capital goods * 232,536 | 232,703] 233,698 0.1 0.4 +0.1] 232,716} 232,756] 233,621] 240,440 3.2
Excluding aircraft and parts - 74,691} 74,997] 75,555 04 0.7 0.4} 74871| 75,050] 75,478] 79,866 63
Defense capital goods “ ..... . 136,271] 138,258] 138,543 14 02 Bel 5. 139,257] 140,385] 148,609 82
Durables excluding capital goods .| 391,584] 101,913) 101,723 03] +02 -1.9} 103,776] 103,881] 102,847} 105,779 “19
Miscellaneous series :
Producers’ durable equipment 234,528} 234,033} 235,026 +02 0.4 0.7} 235,527] 234,882] 235,254] 249,521 56
Household durable goods . . 5,191 5,314 5,139 23] +34 58 5,632 5,776 5,290 5,332 +5.6
Information technology industries . 32,649 32,671 33,256 0.1 18 08 32,786 32,618 33,065 36,766 -108
Health care equipment
and products. 7,926 7,900 7,980} +03} -10 3.0 7,926 7,899 7,979 8,636 82
TOTAL INVENTORIES
All manufacturing industries 383,266] 382,206] 383,239] +03] 03 0.0} 385,828] 384,499] 383,614] 395,138 24
Market categories
Automotive equipment . . 6,341 6,403 6,499 10] 15] +0.7 6,289 6,392 6,566 6,461 2.7
Home goods and apparel 28,481! 28,168] 27,933) +11] +08] +08] 29574] 28,622] 27,854] 26,739) +106
Consumer staples : 58,685] 57,963] 57,918] +1.2| +01] +08] 57,765] 57582] 57,230] 56,213] +28
Machinery and equipment 87,448] 87,593] 88,071 02] 05 0.9} 88,718} 88,504) 88,128] 92,780 44
Business supplies . . « 21,824] 21,885] 21,873 03) +01 0.0] 21,898 22,039] 22,008] 22,786 39
Construction materials
and supplies .... . 22,897] 22,730) 22,613] +0.7) +05) +07) 23,196] 22,973] 22,839] 23,024] +07
Defense products . . 32,259 32,632 33,227 -11 18 0.0 32,530 32,684 33,248 36,344 -105
Other materials, supplies and
and intermediate products 125,331] 124,832] 125,105 +04 0.2 0.0} 125,858] 125,703} 125,741) 130,791 38
Durable goods industries : 3
Nondefense capital goods 82,806] 83,020] 83,535 03 06 0.9] 83,967] 83,777] 83,276 | 88,763 54
Excluding aircraft and parts. 54,494] 54,399] 54,532 +02 0.2 0.6] 55,357| 54,834] 54,188] 58,953 61
Defense capital goods * ... 34,661] 34,689] 35,494 0.1 23) +02) 34,942] 34,761] 35,508} 38,971 -10.3
Durables excluding capital goods 124,919] 124,803} 124,758 +01 0.0 +0.1] 125,732] 125,584] 125,423] 128,791 2.4
Miscellaneous series :
Producers’ durable equipment 141,794] 141,726] 142,056 0.0 0.2 0.6] 143,462] 143,003} 142,477] 148,210 3.2
Household durable goods ....... 12,918 12,857 12,848 +05 +01 +01 13,276 13,029 12,860 12,853 +33
Information technology industries 28,006] 27,976] 28,015 +01 01 0.5 28,436] 28,054} 27,606] 29,877 48
Health care equipment
and products ............... 12,841] 12,801] 12,645] +03) +12 01} 13,095] 12,960] 12,619] 12,358] +6.0

See footnotes at end of table 5.


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS
FOR TOPICAL SERIES’
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted 7
Monthly Percent Change Monthly Percent] Year to date
Industry change
May] Apr.| Mar.) Apr.-| Mar.-| Feb.) May) Apr.|_ Mar. May} = May
1992! 1992' 1992] May} Apr.| Mar.| 1992! 1992° 1992 1991] 92/91 1992P 1991
SHIPMENTS
All manufacturing industries .... . 241,363 | 241,749 | 240,684] -0.2] +0.4| +12] 243,906] 240,550} 250,588] 237,831] — +2.6 | 1,179,754 | 1,143,874

Market categories :
Automotive equipment ....
Home goods and apparel . .
Consumer staples ...... :
Machinery and equipment . .
Business supplies . a
Construction materials

and supplies . ..
Defense products
Other materials, supplies and
and intermediate products .....| 79,243| 79,566] 78,842] 0.4] +09] +08] 80,883) 80,514] 82,186] 78,850) +26] 393,304] 383,481

9,723| 9,526] +12] +21} +1.1] 10,988} 10,446} 10,202] 9,777} +124] 49,243) 41,397
16,314) 16,275| +13] +0.2] +2.2] 15,393] 15,423] 16,705} 13,752} +119] 77,168) 69,154
54,288] 53,811] +05] +09] +10] 54,756{ 52,683] 54,699] 54,996 -0.4| 262,905 | 263,629
39,299| 39,934] -1.3) -1.6] +2.4] 39,112] 38877] 43,800] 38,777) +0.9] 191,924] 183,794
18,885| 18,726] +11] +08] +1.7] 19,005] 19,295] 18,922} 19,193 -1.0] 92,304] 95,753

15,226] 15,073 0.0} +1.0] +13} 15,653} 15,251] 15,231} 14,364 +9.0 72,797} 66,682
8,448, 8,497 38 06 29 8,116 8,061 8,843 8,122 01 40,109} 39,984

Durable goods industries :
Nondefense capital goods ° . . . 30,606 | 30,896} 31,950] -0.9
Excluding aircraft and parts 24,884| 24,846] 25,310] +02
Defense capital goods 4 ........] 7,861] 8,386] 8,294] 6.3
Durables excluding capital goods .| 83,822] 84,201] 83,259] 0.5

+3.3] 29,821} 29,762] 35,656] 29,845 0.1] 149,739] 146,059
+41] 24,175] 23,740] 28,206] 23,811] +15] 119,897] 117,522
-5.1| 7,802] 7,897] 8,616} 8,098 3.7] 39,029] 39,533
+11) 87,334] 85,851] 87,128] 82,835 +54] 415,547] 387,452

Miscellaneous series :
Producers’ durable equipment ...| 76,333) 77,038] 77,347} -09| 04] +23] 78,457] 77,091| 83,647] 75,659] +3.7| 379,100] 355,212
Household durable goods . . 7oa1| 7094) 7030] -07] +09] +26] 6763} 6878) 7522] 6,358] +64] 33,750 31,328
Information technology industries .} 13,821] 13,987] 13,903 1.2 +06] +18] 13,092] 12,459] 15,645] 12,472 +5.0 65,193 61,478
Health care equipment

and products ..... 0s... ee eee anil 7,708] 7571] 00) +18] +05] 7390] 7,443) 7,874] 7,250] +19] 37,883] 35,948
NEW ORDERS
All manufacturing industries... . . 238,742 240,771 | 237,606} 08] +1.3] +18] 240,809] 239,643] 249,552] 235,416} +2.3 | 1,173,966 |1,142,943

Market categories :
Automotive equipment . .
Home goods and apparel
Consumer staples ......
Machinery and equipment
Business supplies .. .
Construction materials

and supplies ...........
Defense products ....... :
Other materials, supplies and
and intermediate products ..... 78,202| 79,674] 77812] -18] +24] 0.0] 79,755] 81,151} 82,064] 79,150] +08] 394,296} 385,635,

9,775 9,487! +08] +3.0] +05] 10,968] 10,505} 10,170 9,764) +12.3 49,312] 41,468
16,477] 15,862 0.7] +39] +0.6] 15,352] 15,857] 16,756] 13,981 +98 78,671 70,964
$4,294] 53,795] +04] +09} +1.0| 54,673] 52,694] 54,666] 54,930 0.5 | 262,783] 263,484
38,249} 39,828] +25] 4.0] +5.4] 39,738] 38,066) 43,531] 35,233] +128} 190,591] 181,906
18,798] 18,817] +13] -0.1] +28] 19,087] 19,193] 19,089] 19,344 1.3] 92,341] 95,848

15,313] 14,991] -02] +2.1] +14] 15,709] 15,401] 15,299} 14,471] +86] 73,172| 67,091
6,285] 8,191] 7,014] -23.3} +168] +126] 5,527] 6,776] 7,977} 8,543) -35.3] 32,800) 36,547

Durable goods industries :

Nondefense capital goods ° . 30,439| 29,901] 32,163] +18] -7.0] +9.2] 29,781] 28,897) 35,404] 26,064] +143] 147,854) 144,532
Excluding aircraft and parts 24578) 24'288| 25,018] +12} -29] +23] 23,996] 23,312] 27,449] 23,578 +1.8| 120,105] 115,705
Defense capital goods 51874 8101] 6,730] -275| +204] +99] 4945] 6,769] 7819] 8,512] 41.9] 31,798] 36,305

Durables excluding capital goods. 83,493] 84,391] 81,294 -L1] +38 -1.1] 87,229] 86,885] 86,292] 82,870 +5.3| 417,831] 389,483

Miscellaneous series :
Producers’ durable equipment ...} 76,828| 76,045| 75,768| +1.0] +04] +26] 79,102] 76,719] 82,296} 72,663] +8.9| 377,864) 354,752
Household durable goods .......} 6,918] 7,269} 6,714] 48] +83 6619] 7,364) 7,545} 6,407] +33! 34,892] 32,417
Information technology industries .| 13,799| 13,402] 13,626] +30] -1.6] +1.3] 13,260] 12,012] 15,365] 12,725] +42} 64,338} 61,575
Health care equipment

and products ........-.0.005 7,737| 7,628) 7,321] +14] +42] -26] 7,417] 7,363) 7,624) 7,271] +2.0] 37,587] 35,634

P Preliminary. " Revised.

| yopical 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.

3 Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and material handling equipment;

‘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.

4 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.


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 May Apr. Mar. Feb. May Apr. Mar. Feb.
1992 1982" 1992 1992 1992 1992" 1992 1992
All manufacturing industries... .. . 159 1.58 159 1.61 3.85 3.83 3.84 3.91
Durable goods industries ...... . 1.98 1.96 197 2.00 4n 4.68 4.68 4.78
Stone, clay, and glass products... | 154 155 1.60 1.64 147 142 141 143
Primary metals -....... 177 1.79 182 1.78 ; 1.88 191 192
Fabricated metal products 177 173 1.75 1.74 2.01 2.07 2.08
Industrial machinery and equipment . 2.19 2.19 217 227 272 271 2.84
Electronic and other
electrical equipment 1.81 1.80 1.80 1.84 2 2.43 252
‘Transportation equipment... . . 2.23 2.21 2% 2.25 14.00 13.20 13.28
Instruments and related products . | - 2:36 2.28 2.32 2.35 5.44 5.45 552
Nondurable goods industries ....... 1.18 1.18 1.19 1.20 0.82 0.82 0.82
Food and kindred products * 0.92 0.90 0.93 0.93 (X) (X) les
Tobacco products 3.12 3.14 2:39 2.53 (x) (Xx) es
Textile mill products. . . sesee 147 145 1.45 1.48 NA‘ NA NA‘
Paper and allied products. 21... . 1.33 1.32 131 131 (Na NA} {Ra
Chemicals and allied products... | 1:36 139 141 142 (x x x
Petroleum and coal products... . 0.84 0.85 087 0.87 x: x! x
Rubber and plastics products . . . 1.26 1.22 121 1.23 & x! x

Preliminary. " Revised. 00) Not applicable, (NA) Not available.

| Excludes the following industries with no unfiled orders : Wood and lumber products; glass containers; metal cans, barrels and drums; farm and garden machinery; motor vehicle assembly
prosucta, ner transportation equipment; foods and related products; tobacco; knitting mil products; apparel and related products; chemicals; petroleum and coal products; and rubber and plastic,
products.

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

Shipments New orders Unfilled orders Inventories
Industry May May May May
May? 1991- May? | 1991- May? 1991- May? | 1991-
May! 1987- Apr. | May'{ —1987- Apr. | May? 1987- Apr. May 1987- Apr.
1992 | 191 | 1992 | 1982] i991 | 1902] 1982] ‘Toon | een] 1991 | 1992
All manufacturing industries ......] (x) 02 O14 (x) 02 02 (x) 0.1 0.41 (x) 4 ou
Durable goods industries ...... ee 0.0 0.0 01 02 01 03 0.0 0.0 0.1 x) 0.1 01
Stone, clay, and glass products . (X) 07 08 ea) 04 14 (x) 12 06 x 03 02
Primary metals... .. . : 0.3 03 03 0. 11 0.7 0.2 0s 03 x 02 O1
Fabricated metal products . : (X) 01 03 (X) 02 03 (x) 01 0.2 x! 01 0.1
Industrial machinery and equipment . 0.2 04 0.2 03 08 04 01 0.2 0.1 x 01 O1
Electronic and other
__¢lectrical equipment 0.1 0.2 02 0.1 03 1.0 0.0 01 03 x 01 01
Transportation equipment ........ 0.0 01 03 02 03 03 0.0 01 0.0 x 0.0 03
Instruments and related products -..] (x) 03 02 (x) 05 08 (x) O41 02 x) 01 0.0
Nondurable goods industries x 02 01 x 0.2 0.1 x 03 03 x) 0.0 O1
Food and kindred products x 04 02 x: x x x! x) x x 03 O41
‘Tobacco products : x: 02 03 x x x’ x x x x 0.0 00
Textile mill products . . . x 08 0.2 x NA‘ 1A‘ x NA‘ NA‘ x’ 0.0 02
Paper and allied products xX 0.2 03 x NA‘ NA x’ NA‘ NA‘ x’ 0.1 0.2
Chemicals and allied products . | x’ 02 02 x’ x les x x les x O1 01
Petroleum and coal products x 04 02 x x x x x x: x 02 01
Rubber and plastics products | . x! 09 03 x x: 8 x x! & x 05 02
Capital goods industries :
Nondefense vee 01 0.2 0.1 0.4 0s 04 0.0 0.1 0.1 0.0 03
Defense O1 03 04 0.0 04 13 0.0 0.0 0.0 01 01

(09 Not applicable, (NA) Not available.

sages Of he abate rane taslve month revisions are the diferences between the month to month percent changes of the preliminary and final estimates. The monthly averages are the simple
averages of the absolule values ofthe difference for the months specified. The advance to final percent change revisions for the durable goods industries are shown in the advance resort tor the moc

"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.


CURRENT INDUSTRIAL REPORTS

Manufacturers’ Shipments,
Inventories, and Orders

£LN

\a

U. S. Department of Commerce
BUREAU OF THE CENSUS

May 1992
A 1-(00)-5

For Wire Transmissions 10:00 a.m. E.D.T. Thursday, July 2, 1992

Steve Andrews or Kathy Menth
(301)763-2502 or (301)763-2575

Summary

New orders for manufactured goods in May decreased
$2.0 billion or 0.8 percent to $238.7 billion, the Department
of Commerce, Bureau of the Census reported today. The
May decrease follows four consecutive monthly increases.
Excluding defense, new orders were up $0.2 billion.

Shipments were down $0.4 billion or 0.2 percent to
$241.4 billion. This decrease follows four consecutive
monthly increases. Excluding defense, shipments were up
$0.1 billion.

Unfilled orders decreased $2.6 billion or 0.5 percent to
$493.7 billion and are at the lowest level since $492.8 billion
in June 1989. This is the ninth consecutive monthly decline.
Excluding defense, unfilled orders decreased $0.6 billion

Inventories increased $1.1 billion or 0.3 perccat to
$383.3 billion. This is the first increase since September
1991, An increase in nondurables:more than offsct a
decrease in durables. The inventories-to-shipments ratio
increased from 1.58 in April to 1.59 in May.

New Orders

New orders for manufactured durable goods in May
decreased $2.6 billion or 2.1 percent to $19.8 billion. The
May decline follows increases of 1.8 percent in April and 2.1
percent in March.

Except for stone, clay, and glass products and
instruments and related products, all major industry groups
declined. Transportation equipment had the largest decline,
down $2.1 billion or 6.4 percent to $30.9 billion, due to
aircraft and parts and shipbuilding and tanks.

New orders for nondurable goods increased $0.6 billion
or 0.5 percent to $118.9 billion. — This is the fourth
consecutive monthly increase. Large increases in chemicals
and allied products, petroleum and coal products, and
apparel and related products more than offset declines in
textile mill products, rubber and plastics products, and food
and kindred products.

Shipments

Shipments of durable goods in May decreased $1.2
billion or 1.0 percent to $122.3 billion, following a small
decline in Apri The largest decrease was in transportation
equipment, down $0.5 billion or 1.4 percent to $32.0 billion,
with decreases in all categories except motor vehicles and
parts. Instruments and related products declined $0.4 billion.
or 3.4 percent to $10.1 billion. Primary metals increased
$0.1 billion or 1.0 percent to $11.2 billion.

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

Shipments of nondurable goods increased $0.8 billion
or 0.7 percent to $119.1 billion. This is the fourth
consecutive monthly increase. The largest increases were
chemicals and allied products, up $0.5 billion, and petroleum
and coal products, up $0.3 billion. The largest declines were
tubber and plastics products and food and kindred products,
both down $0.2 billion.

Unfilled Orders

Unfilled orders for durable goods in May decreased
$2.5 billion or 0.5 percent to $470.4 billion and are at the
lowest level since $467.2 billion in May 1989. This is the
ninth consecutive monthly _ decline. Transportation
equipment had the largest decline, down $1.2 billion or 0.4
percent to $262.5 billion. Industrial machinery and
equipment, down $0.5 billion or 1.0 percent to $52.3 billion,
has declined in seven of the last eight months and is at the
lowest level since $51.8 billion in December 1987.
Instruments and related products, down $0.5 billion or 0.8
percent to $55.0 billion, is at the lowest level since $54.4

illion in March 1985. Unfilled orders for nondurable goods
declined $0.1 billion or 0.6 percent to $23.3 billion.

Inventories

Inventories for durable goods in May were down $0.1
billion or 0.1 percent to $242.4 billion and are at the lowest
level since $241.4 billion in December 1988. This is the
seventeenth decline in the last eighteen months. The largest
decline was in transportation equipment, down $0.4 billion.
This is the sixth consecutive decline. The largest increase
occurred in fabricated metal products, up $0.2 billion.

Nondurable goods increased $1.2 billion or 0.8 percent to
$140.9 billion, the highest level on record. xcept for
printing and publishing, all major groups increased. Food
and kindred products had the largest increase, up $0.5

illion.

By stage of fabrication, finished-goods inventories were
down 0.3 percent in durables and up 1.4 percent in
nondurables. Work in process declined 0.1 percent in
durables and increased 0.3 percent in nondurables.
Materials and supplies increased 0.3 percent in durables and
0.4 percent in nondurables.

The data in this press release are consistent with the
revised series released June 19, 1992. A report which
includes these data from 1982 through 1991 may be
obtained by calling (301) 763-2502. All historical data from
January 1958 through March 1992 may be purchased on
tape from the Data Users Services Division (301) 763-4100.

“The advance report on durable goods for June is scheduled for Juiy 24, 1992 at &:30 a.m. and the full report on July 31, 1992 at 10:00 am. For sale by the

Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. This
of Commerce’s online Economic Bulletin Board (N-8-1) (202-371-3870) and through the Census

rt is also available the day of issue through the ent
wv’s online information service-CENDATA. ATA

is available from Dialog Information Services, Inc. (1-800-334-2464) and CompuServe (1-800-848-8199). The CENDATA staff at the Bureau of the Census (301-

763-2074) can provide content information and general guidance.


NonDefense Capital Goods "4
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

38

N ! 1 Ll 1 ! ! i 1
May Jul Sep Nov Jan Mar May = Jul Sep Nov Jan Mar May
May 1990-May 1992

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

1 —

6 UL 1 1 i 1

! 1 1 ! ! 1 n Ht
6
May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May

May 1990-May 1992

Note: All Charte based on seasonally
adjusted current dollars.


daple /. VALUK UF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICA’

BY INDUSTRY GROUP
(Millions of dollars)

ON,

Seasonally adjusted Not seasonally adjusted
Industry ‘Monthly Percent Change Monthly Percent
change
May Apr. Mar.| Apr-| Mar-| Feb. Ma Apr. Mar. May| — May
1992 1992' 1992] May} Apr.| Mar. 1992! 1992 1992 1991] 92/91
MATERIALS AND SUPPLIES
All manufacturing industries... . . 118,795] 118,415] 118,292] +03} +01 0.2] 118,040] 118,129] 118,297] 121,000 24
Durable goods industries... . . 66,714] 66,535] 66,542] +03. 0.0 0.7] 66,278] 66,105] 66,244] 69,739 5.0
Stone, clay, and glass products | 372 2/367 2308 +02) 9-13 “11 2:37 2,354 2; "460 3.4
Primary metals -....... : 083 6.170 6173 “14 oo) +14 5,897 5'970 5,927 6,466 88
Fabricated metal products... . | 8157 77831 7813| +42) +02 08 81126 7,787 7/883 8,236 “13
Industrial machinery and equipment | 12,956] 12/921] 13,061] +03) -1.1 -14] 12933] 12878] 12;981] 14,222 91
Electronic and other
electrical equipment . . 9,203 9,189 9142} +02) +05 0.6 9,244 9,218 9,142 9,765 53
‘Transportation equipment |... 1! ‘ 13,540] 13,600 “18 0.4 0 13,216] 13,567] 13,640] 14,508 89
Instruments and related products . . 61946 6/899 6806} +07) +14 “13 x 6917 6,833 6,722] +43
Lumber, furniture and
miscellaneous durable goods . . 7,697 7,618 7549] +10] +09 03 7476 7414 7,452 7,360] +16
Nondurable goods industries 92,081] 51,880] 51,750] +04] +03) +04] 51,762] 52,024] 52,053] 51,261 +10
Food and kindred products | 10,189] 10,174 10,140] +01] +03] +11] 10,063) + 10,196] 10,178 9607) +4.7
Tobacco products ....... 5.107 5,074 S1S| +07] 08 0.0 4,975 5,090 5,238 4688] +6.1
Textile mill products. . 2,685 2,676 2672] +03] +01) +03 2,763 2,734 2}694 2,559] +8.0
Paper and allied products |. | 61955 6927 6918] +04} +01) +05 6/918 6.921 6,943 6798) +18
Chemicals and allied products’ | 11535} 11570] 11,535 03} +03) +06] 11490] 11,580] 11,557} 11,582 08
Petroleum and coal products . . 2972 2/865 2795| +3.7| +25] 413 998 "907 2,797 5,207 65
Rubber and plastics products | | 4311 4/282 4252| +07| +07] +01 4.270 4,274 47251 4414 33
Apparel, printing and publishing
and leather goods ........... 8,327 8,312 8,323] +02) 0.1 08 8,285 8,322 8,395 8,406 4
WORK IN PROCESS
All manufacturing industries... . 136,538) 136,582} 137,704 00 08 0.4] 137,665] 137,612] 137,783] 143,830 43
Durabie goods industries ....... 113,894} 114,004] 115,330 0.1 114,967} 114,808] 115,538] 121,923 57
Stone, clay, and glass products . 1,142 3109 1108] +30 1,169 1,156 1,161 174 0.4
Primary metals ......... : 7,624 7,484 7455} +19 7697 7571 7/500 8,403 84
Fabricated metal products... .. |. 7/326 7/380 7419 0.7 7/430 77499 TAa34 7,793 47
Industrial machinery and equipment} 19,098] 19,045] 19093] +03 19,407] 19,173] 19,129} 20,598 58
Electronic and other
electrical equipment . . 12,878] 12,990} 13,091 09 13,088] 13,148) 13,052] 13,584 “37
Transportation equipment .......] 50,144] 50,236] 51,264 02 $0,379] 50,436] 51,415] $3,215 53
Instruments and related products .-} 11,402) 11,516] 11,734 -1.0 11,528) 11,580] 11,674] 13,074] -118
Lumber, furniture and
miscellaneous durable goods . 4,280 4,244 4,166] +08 4,269 4,245 4,173 4,082] +46
Nondurable goods industries 22,644] 22,578] 22,374] +03 22,698] 22,804] 22,245) 21,907] +3.6
Food and kindred products 3,387 31425 3,416 “ld 3,270 37385 3,432 3/367 29
Tobacco products 58 8 85] -14.7 46 55 71 35 “16.4
Textile mill products. . 2,488 2,439 2415]  +2.0 2,520 2,455 2,430 2,448) +29
Paper and allied products 1090, 1128 1,137 34 1091 1144 1149 1,294 “15.7
Chemicals and allied products 5,488 5/473 $7380} +03 5,609 51598 266 5283] +6.2
Petroleum and coal products 3,008 3,021 31052 0.4 3,031 31029 2/999 2986) +15
Rubber and plastics products . . 1,510 1521 1,498 0.7 1,505 1514 1.483 13571 42
Apparel, printing and publishing
and leather goods .......... 4... 5,615 5,503 5391] +20 5,626 5,624 5,409 4,903] +14.7
FINISHED GOODS
All manufacturing industries . . 127,933) 127,209] 127,243] +06 130,123] 128,758] 127,534] 130,308 0.1
Durable goods industries... . 61,778] 61,973] 61,915 03 63,396] 63,209] 62,425] 64,863 ..
Stone, clay, and glass products 4,429 4,427 4,413 0.0 4575 4578 4,522 4,628 5
Primary metals <...... 6,126 6,210 6,268 “14 6,270 6,338 6,331 6,630 ¥
Fabricated metal product am Ta76 77539 7,485 08 7.710 TIS8 Tera 77850 ;
Industrial machinery and equipmen 13,082] 13156] 13,170 0.6 13;360] 13349 13,142] 14,692 91
Electronic and other
electrical equipment . 8,759 8,740 8,744] +0.2 9,087 8,899 8,761 9,170 09
Transportation equipment a 8,061 8116 8,164 0.7 8,131 8,140 8,115 8321 23
Instruments and related products . | 5,488 5/475 5,459] +0.2 5,675 5,637 54 5559] +2:1
Lumber, furniture and
miscellaneous durable goods . .. . 8,357 8,310 8212] +06 8,588 8,510 8,390 8013] +72
Nondurable goods industries ......] 66,155] 65,236] 65,328] +14 66,727} 65,549] 65,109] 65,4451 +2.0
Food and kindred products: : 16,749) 16,250] 16,704} 9 +3.1 15837] 15556] 16,047) 15,133] +4.7
‘Tobacco products... 1,680 1,488 1,299] +129 1,598 1,638 1,273 1378] +160
Textile mill products 3,659 3,648 3,663] +03 3)857 3,760 3,674 3/851 +02
Paper and allied products. : 5721 51683 5579] +07 5,937 5877 57705 5673] +4.7
Chemicals and allied products 16,977) 16,954] 17/009] +0.1 17,148) 17,255] 17517] 17/079) +04
Petroleum and coal products . . 5,433 320 5271) +21 5,542 5,215 5,180 978 13
Rubber and plastics products |. | | 5,194 5107 suai} +17 5,398 5318 5314 5723 57
Apparel, printing and publishing
and leather goods . . tenes 10,742] 10,786} 10,662 04 11,410{ 10,930] 10,399] 10.630] +73

P Prelimary. ° Revised.


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
May Apr. Mar.| | Apr-| Mar-| Feb. Ma Apr. Mar. May| — May
1992! 1992" 1992] May} = Apr.} Mar. 1992 1992" 1992 1991} 92/91
All manufacturing industries .... . . 493,664] 496,285} 497,263 05 0.2 -0.6} 496,477] 499,574] 500,481} 517,740 Ad
Durable goods industries .......... 470,391} 472,874] 473,964 05 0.2 0.7} 472,892] 475,894] 476,853] 494,828 44
Stone, clay, and glass products . 6,985 6,648 6,403 +51 +38 +08 7,005 6,637 6,392 5871} +193
Primary metals : 20,671] 20,835} 20,886] ° -08 0.2 15} 21,238] 21,540) 21,649] 21,751 24
Blast furnaces, steel mills 7977 8,023 8,030 06 0.1 0.7 8,089 8,252 8,309 8,523 SA
Iron and steel foundries . 2,835 2,765 2,800} +25 13 04 2,866 2,826 2,844 2,954 -3.0
Nonferrous and other primary
metals : 9859] 10,047] 10,056 19 0.1 24] 10,283] 10,462] 10,496] 10,274} +01
Fabricated metal products. 23,516 23,891 24,433 “1.6 0.9 23,655 24,066 24,559 25,585 75
Industrial machinery and equipment 52,302] 52,846] $3,321 “1.0 05} 52,449] $2,897] $3,293] 56,067 65
gines and turbines . oo 10,379] 10,265} 10,438] + 1.1 17] +07] 10,170] 10.070] 10,322 9601] +59
Construction, mining and
material handling equipment 6,185 6111 6,293 +12 2.9 +03 6,166 6,222 6,376 6,883 10.4
Metalworking machinery . 8,115 8,259 8,246 17 +02 +01 8,115 8,259 8,246 7,485 +84
Computer and office equipment ...] 8,428 8,535 8,865 -13 37 18 8,580 8,489 8671] 11,188] -23.3
Blectronic and other
electrical equipment . 41,685] 41,835] 41,849 04 0.0 12] 42,355] 42,404] 42,111] 44,690 52
Electrical transmission and.
distribution equipment and
industrial apparatus . . . . 6,239 6,328 6,281 14) +07 “17 6,260 6,359 6,308 6,627 55
Blectric lighting and
wiring equipment 2,939 2,958 2,900 06} +20 28 2,939 2,958 2,900 2,710] +85
Communications equipment 14,328] 14,211] 14,413] +08. 14] +17) 14,243} 14,212] 14,456] 15,326 7
Electronic components . . 13,770] 13,861] —_ 13,855 0.7 0.0 40) 14459] 14,354} 13,961] 15,179 47
Transportation equipment . 262,543} 263,697} 263,201 -0.4 +02 -05| 262,927] 264,972} 264,743| 274,019 40
Aircraft, missiles,
space vehicles, and parts. . 228,183 229,303} 229,522 0S 0.1 -0.3| 228,596} 230,543] 231,105} 237,092 -3.6
Shipbuilding and tanks .. . 26,271 26,504 26,051 0.9 +17 28 26,299 26,401 25,884 30,084 -12.6
Instruments and related products . 55,017 55,485 56,349 08 1S -0.6 54,828 55,260 56,553 59,148. 13
Search and navigation equipment .. — 37,659| 38,194] 38,989 “14 20} +01} 37460) 37,952] 39,205] 40,523 -16
Measuring and controlling devices 8,505 8,552 8,504 05] +06 “1.9 8,505 8,552 8,504 9,005 5.6
Medical instruments and supplies . . 7,897 7871 7951) +03 -10 -3.0 7,897 7871 7,951 8,607 82
All other durable goods ........... 7,672 7,637 7,522 +05 +15 3.7 8,435 8,118 7553 7,697 +96
Nondurable goods industries ....... 23,273| 23,411] 23,299 0.6{ +05] +1.0{ 23,585] 23,680] 23,628] 22,912) +29

Preliminary. " Revised.


Table 2. VALUE OF MANUFACTURERS’ NEW ORDERS FOR INDUSTRY GROUP:

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted?

Monthly Percent Change Monthly Percent] Year to date
Industry change
May! Apr.]_ Mar.| Apr-| Mar-| Feb.-| Ma Apr.| Mar.|  May| May
1992? | 1992'| 1992] May] Apr.| Mar.| 1992P] 1992] 1992] 1991] 92/91] —1992P] 1901
All manufacturing industries 238,742 | 240,771 | 237,606] -08] +1.3] +1.8] 240,809] 239,643 | 249,552] 235,416]  +2.3 | 1,173,966 | 1,142,943
Manufacturing industries with
unfilled orders : 125,663 | 128,475 | 126,570] -2.2] +15] +25] 124,780] 126,776 | 135,620 123,036} +1.4] 623,943] 612,730
Durable goods industries 119,806 | 122,393 | 120,187] -2.1) +18] +2.1] 121,955] 122,551] 129,515] 117,446] +38] 597,483 $70,320
With unfilled orders... . 97,330] 99,980] 97,995} 2.7] +2.0] +24] 97,074] 98,462] 106,053] 94,635] +2.6| 484/196] 472/316
Stone, clay, and glass products 5,494] 5,339] 5,000] +2.9] +68} +42] 5,664] 5,467] 5,004] 5,044] +123 24,852| 23,228
Primary metals : 11,058} 11,061} 10,632} 0.0) +40) -5.2) 11,136] 11,263] 11,417] 10,604 +50] Ssi4ia] 52'728
Blast furnaces, steel mills. 4,619} 4,706] 4,636) -18) +15} -24] 4,642] 4,773] 4.789] 4520} +2.7 23,392} 21,743
Iron and steel foundries . 1,070 945, 982] +13.2 3.8) +13.7} 1,127 1,008 1,042 854] +32.0 4,918 4,350
Nonferrous and other primary
metals tenes 5,369] 5,410] 5,014} 08 5,367} 5,482] 5,586} 5,230] +26] 27,104] 26,635
Vabricated metal products +] 12,578] 12,594] 12,732] -0.1 13,039] 12,740] 13,567] 13,279 18 64,426] 64,132
Industrial machinery and equipment 20,025} 20,141] 20,623] -0.6 19,658] 19,720] 22,866} 20,230 281 99,446] 98,769
Engines and turbines. . “| 1,705} 1,362) 1,619] +25.2 1,609) 1,185] 1,614) 1,569} +25] 6808] 7,159
Construction, mining and
Feral fandling equipment ....) 2,302] 2,038] 2,181) +130) 6.6] 2.1] 2,250] 2,201] 2323} 2,502] 10.1] 11053 12,493
Metalworking machinery . ~-{ 1,936] 2,163) 2,204) -10.5] -1.9] +5.0} 1,886] 1,997] 2536] 1784] +5.7| 10344] 91118
Computer and office equipment 5,770} 5,513} 5,581] +4.7] -12] +32] 5,233] 4520] 6695] 5,007] +45 25,212] 23,936
Hiectronic and other
clectrical equipment 16,927) 17,170) 16,738] 1.4] +26] +1.0] 16,765] 16,801} 17,639] 16,041] +45] 83,505] 81,101
Electrical transmission and
distribution equipment and
industrial apparatus . 2,257) 2,350) 2,182) 4.0] +77} +34] 2,267] 2,354] 2,360] 2,207] +27] 11,470] 11,517
Electric lighting and
wiring equipment 1715) 1,802] 1,658 48) +87] 04) 1,686] 1,695] 1,715] 1,665] +13] 8,236] — 8,054
Communications equipment 3,685] 3,341) 3,953] +10.3] -15.5] +14.7] 3,588} 3,122] 4,216] 2995] +198] 17334] 15105
Electronic components 5,057) 5,262] 4,646] -3.9/ +133] -126] 5,274] 5,662] 4,934] 5.215] +1.1| 26847] 271133
lransportation equipment 30,883) 32,984) 31,191] 64] +5.7} +72] 32,365] 33,839) 34,487] 29178] +109] 154931} 142/513
Aircraft, missiles,
Space vehicles, and parts. 8,887} 10,535} 10,322) -15.6] +21] +274] 7,970] 9,932) 12,224] 6,437] +23.8| 44,823] 48,865
Shipbuilding and tanks an 808 1,512 479| -46.6|+215.7] -22.9 925 1,524 507} 2,332] -60.3 4,057 6,249
Instruments and related products - 9,638} 9,597} 9,980} +04) -38/ +15] 9,619] 8,669] 10,481] 10,331] 69] 47.823] 47403
Search and navigation equipment 2191) 2,008} 2,861) +9.1] -298] +74) 2,157] 1,300) 2,888] 2910] -25.9| 11,628] 11,686
Measuring and controlling devices 2,496] 2,675) 2,551] -6.7} +49] +3.0] 2,483] 2,601 2,752] 2,515 1.3 12,776] 12,705
Medical instruments and supplies 2.850] 2,834] 2,621] +06] +81] 62] 2.842] 2,763] 2,783] 2,796| +16] 13897] 13'328
All other durable goods 13,203) 13,507) 13,291] 23) +16] +06] 13,709) 14,052] 14,054] 12,739] +76] 67/086] 60/446
Nondurable goods industries. 118,936 | 118,378] 117,419] +05} +08] +15] 118,854] 117,092] 120,037] 117,970] +07 576,483 572,623
With unfilled orders 28,333| 28,495] 28,575] 0.6 -0.3} +3.0) 27,706] 28,314] 29,567] 28,401 -2.4} 139,747] 140,414

P Sretiminary. " Revised.

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

(0) When new orders for @
month to the current month.

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



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
May] Apr] Mar.| Apr-| Mar.-[ Feb-{  M Apr.| Mar.| May] — May
1992] 1992} 1992] May] Apr.| Mar.j 1992P) 1992") 1992) 1991 o2 | 1992] 1991
All manufacturing industries 241,363 | 241,749} 240,684] 0.2] +0.4] +1.2] 243,906] 240,550] 250,588] 237,831] — +2.6 | 1,179,754 |1,143,874
Manufacturing industries with
unfilled orders. . cee 128,284| 129,453] 129,648] 0.9] 02 127,877| 127,683] 136,656] 125,451] +19] 629,731] 613,661
Durable goods industries... . 122,289} 123,483} 123,503] -10] 0.0 124,957) 123,510} 131,400] 120,778] +35] 604,315} 573,044
With unfilled orders : 99,813] 101,070] 101,311] -12) 0.2 100,076] 99,421] 107,938] 97,967} +22] 491,028) 475,040
Stone, clay, and glass products... 5,157} 5,094] 4,952} +12] +29 5,296| 5,222] 4,949] 4,843] +94] 24,099] 22,522
Primary metals ........ : 11,222] 11,112) 10,948} +1.0] +15 11,438) 11,372] 11,290] 10,983] +4.1] 55,521] 54,660
Blast furnaces, steel! mills 4665} 4,713] 4,689] -1.0] +05 4,805] 4,830] 4,885] 4,658| +3.2] 23,850] 22,930
Iron and steel foundries .... 1,000 98 994) +20) -14 1,087} 1,026 998 904] +94] 4,952] 4,594
Nonferrous and other primary
metals ........ : 5557| 5,419] 5,265] +25] +29] -08] 5,546] 5516] 5,407) 5,331] +40] 26,719] 27,136
Fabricated metal products 12,953] 13,136] 12,957) -1.4] +14] -0.9] 13,450] 13,233] 13,666] 13,356] +0.7] 65,019] 63,924
Industrial machinery and equipment :| 20,569] 20,616] 20871] -02| -12] +4.1] 20,106} 20,116] 23,580} 19,901] +1.0] 100,068] 99,620
Engines and turbines . 1591] 1,535] 1545] +36] -06] +7.0] 1,509] 1,437) 1,759] 1,472) +25] 7,182] 6,738
Farm and garden machinery uiai} vasa} 21a] 1s} 44] +02] 1,248] 1431} 1501] 1,275] -21] 6,659) 6,613
Construction, mining and
material handling equipment . . 2,228] 2,220] 2,164] +04] +26} +0.7] 2,306] 2,355] 2,335] 2,643] -12.8] 11,052] 13,116
Metalworking machinery ....... 2,080] 2150} 2196] -33] -21] +75] 2030] 1,984] 2,528] 1,961] +35] 10,146] 9,424
Computer and office equipment ..| 5,877| 5,843] 5,739] +06] +18] +21] 5,142] 4,702] 6,878) 4,515] +139] 25,847) 23,222
Electronic and other
electrical equipment . 17077| 17,184] 17,249} -06| -04] +26] 16814] 16,508] 18,158] 16,432} +23] 82,775] 79,349
Electrical transmission and
distribution equipment and
industrial apparatus . 2,346| 2,303] 2,293] +19] +04] +28] 2366] 2,303] 2,516) 2,275] +40} 11,487] 11,354
Household appliances ¥551] 1,553) 1,519] -0.1] +22] +15] 1,608] 1,600] 1,645} 1,590) +11] 7,531) 7,391
Electric lighting and
wiring equipment . 1,734] 1,744] 1,743] -06] +01] +4.6] 1,705} 1,637} 1,800] 1,617] +54] 8,276) 7,928
Household audio and
video equipment . . 1,062] 1,079] 1,041] -16| +3.7] +01 836 858} 1,002 701] +193] 4417) 3,585
Jommunications equipment 3568] 3,543} 3,710] +0.7} 45] +26| 3,557) 3,366] 4,000} 3,412) +42] 17,476] 16,137
Electronic components . 51148] 5,256] 5,225} -21|. +06] -0.6) 5,169] 5,269] 5,486] 5,290] -2.3] 26,158] 25,421
Transportation equipment . 32,037] 32,488] 32,617| -14] -04] 0.0] 34,410] 33,610] 34,928] 32,348] +64] 161,597] 143,832
Motor vehicles and parts 19,833] 19,472] 19,128] +19] +18] +17] 22,228] 20,735] 20,375] 19,523] +139] 98,928] 82,265
Aircraft, missiles,
space vehicles, and parts. . 10,007} 10,754] 10,962] -69] -1.9] 4.4] 9,917] 10,494] 11,865} 10,428} 4.9] 51,241] 50,269
Shipbuilding and tanks... 1041) 1,059) 1,225] 1.7] -13.6} +5.9] 1027] 1,007] 1,251] 1,166] -119] 5,238] 5,518
Instruments and related products 10,106] 10,461] 10,331] -34] +1.3] +05] 10,051] 9,962] 11,002] 10,287] -2.3| 49,935) 49,709
Search and navigation equipment .| 2,726] 2,803] 2,805] 2.7} -0.1]  -3.6] 2,649] 2,553} 3,037) 2,905] 8.8} 13,122} 13,833,
Measuring and controlling devices | 2,543] 2,627 2,717 -3.2] 33] +31] 2,530] 2,553] 2,918] 2,519] +04] 13,087] 12,591
Medical instruments and supplies 2824] 2914) 2871] 31] +15] +22] 2816] 2843] 3,033) 2,774] +15] 14,194] 13,638
Photographic goods wee 1685} 1.787] 1,595] -5.7| +12.0| -02] 1,710] 1,673] 1,641] 1,752} 24] 7,853) 8,117
Alll other durable goods 13,168] 13,392] 13578] -1.7] -14] +25] 13,392] 13,487] 13,827] 12,628] +61] 65,301] 59,428
Nondurable goods industries . 119,074| 118,266 | 117,181] +0.7] +0.9| +1.1] 118,949] 117,040] 119,188] 117,053] +16 | 575,439] 570,830
With unfilled orders . . 28,471] 28,383] 28,337) +03] +0.2] +1.1] 27,801] 28,262] 28,718] 27,484) +12] 138,703} 138,621
Food and kindred products 32,965] 33,186] 32,392] 0.7] +25] +05] 33571] 32,300] 33,158] 32,854) +22] 160,125} 157,896
Meat products . . 7592| 7,344| 7,204| +34] +19] -02] 7896] 7,184] 7,252] 7,789] +14] 36,099] 37,292
Dairy products 4336| 4337] 4,288] 0.0} +11) +17] 4457] 4,272] 4,343) 4,237] -+5.2] 21,004) 19,979
Beverages . 4,720] 4595] 4827] +2.7| 48] +46] 5,135] 4,685] 4,784) 4,916] +45) 22,651) 21,383
All other foods, except fats and oils| 14,630] 15.215] 14,452] 38] +53] +02] 14396] 14,464) 15,158] 14,279] +08] 71,800] 71,172
Tobacco products 2191} 2,111] 2,720] +38] -224] +5.6] 2485] 1,849] 3,241] 3,182] -21.2] 11,322] 11,861
Fextile mill products 6,021} 6,043) 6,036] -04] +01] +20] 5,988] 5,917] 6,264] 5,516] +86] 29,059] 25,864
Broadwoven fabrics and
other textiles 3827| 3,863) 3856] -0.9| +02] +18] 3873] 3,775] 4,014] 3,574] +84] 18,695] 16,499
Paper and allied products 10,366] 10,387) 10,407) -0.2] -02] +03] 10,215} 10,280] 10,615} 10,070] +14] $1,570) 51,337
Pulp, paper, and
paperboard mill products . 4431] 4,442] 4,469] 0.2] 0.6] +16] 4,378] 4,382] 4,554] 4,362] +04] 22,025} 22,475
Paperboard containers and boxes .| 2,498] 2,466] 2,455] +13] +04] -0.2) 2,513} 2,492] 2,505} 2,367] +6.2} 12,339] 11,800
Miscellaneous converted
paper products . 3,437] 3.479] 3,483] -1.2| 01] -08] 3,324] 3,406] 3,556] 3,341) 0.5} 17,206] 17,062
Chemicals and allied products 24,985| 24,502] 24,047) +20] +19] +0.2] 25,258} 25,426] 25,282] 24,821] +18] 123,304) 122,525
Industrial chemicals . 12,893] 12,745] 12,389] +12] +29] +06] 13,035] 13,101] 12,971] 12,890] +11] 63,452] 65,259
Drugs, soaps, and toiletries . 8,999) 8823) 8.645] +2.0| +21] -06] 8405} 8,453} 8,907 6| +22] 43584} 41,030
Petroleum and coal products . 13,532] 13,213] 12,749] +24] +36] +30] 13503] 12,831] 11,690 -18] 60,320] 65,898
Rubber and plasties products 8,746] 8,978] 9,038] -26] -0.7] +08] 8,986] 9,195) 9,288 +23] 44,699] 42,123
Ail other nondurable goods . . 20,268] 19,846] 19,792] +21] +03] +16) 18,943] 19,242] 19,650 +4.6| 95,040] 93,326

? Preliminary. " Revised.

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