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

Seasonally adjusted Not seasonally adjusted
y Industry Monthly Percent Change Monthly Percent
change
Mar. Feb. Jan.| Feb] Jan-}— Dec.- Mar. Feb. Jan. Mar.| Mar.
1993" 1993" 1993) — Mar. Feb. Jan. 1993” 193° 1993 1992] 93/92
All manufacturing industries. . . 379,981} 379,080] 378,452] +02] +02 -0.1} 380,322} 381,601} 378,030] 383,614 0.9
Manufacturing industries
with unfilled orders on 249,825 | 250,064| 249,850 0.1 40.1 -0.3} 250,011] 250,916] 247,859] 259,380 3.6
without defense capital goods 350,424 | 348,921] 347,964] +04 +03 0.0] 350,805] 351,841] 348,453] 348,106] +08
Durable goods industries. -. | 235,429] 235,120] 234,363 +03 -0.4] 235,812] 236,736] 233,005] 244,207 34
With unfilled orders. . sees 216,433} 216,739] 216,360 40.2 -0.4| 216,397] 217,541] 214,602] 225,622 4d
Stone, clay, and glass products... . . 7,868 7,838 7,853 02] +01 8,015 8,061 7,876 8,069 -0.7
Primary metals | 19369] 19,361] 19,323 +02 0.0] 19,185] 19,349] 19311] 19,758 2.9
Blast furnaces, steel mills... |. | 9,423 9,616] 9,607 +01] +05 9,225 9,586 9,699 9,673 46
Iron and steel foundries 1,428 1,424 1,383 +3.0 33 1,451 1,442 1,386 1,436 +1.0
Nonferrous and other primary
metals . teeeeeeee 8,518 8,321 8333] 42.4 -0.1 -0.1 8,509 8321 8,226 8,649 -16
Fabricated metal products. . + | 22,494] 22,385] 22,385] +05 0.0 -1.0] 22,748] 22,539} 22,386] 22,989 -1.0
Industrial machinery and equipment 43,955] 44,157} 44,102 05] +01 0.5} 43,850] 44,589) 43,875] 45,252 3.1
Engines and turbines. . tees 3,579 3,573 3,598 40.2 0.7 0.1 3,492 3,513 3,417 3,432 +17
Farm and garden machinery .... . 2,325 2,322 2,389) +01 28 08 2,439} 2,459 2,466 2,389) 42.1
Construction, mining and
material handling equipment 5,928 5,865 5,862] +h1f +01] +01 5,987 5,964 5,903 6,233 39
Metalworking machinery : 5,302 5,445 5,342 26| +19 -0.6 5,270 5,422 5,278 5,625 63
Computer and office equipment 9471 9,499} 9,379 03} +13 +0.9} 9,206 9,531 9,230 9,345 “15
Electronic and other
electrical equipment... . 31,323} 31,146} 31,041] = 40.6] 40.3] 9 +1.2] 31,287] 31,158] 30,661] 30,955] #1
Electrical transmission and
distribution equipment and
industrial apparatus ... . : 4,089 4,066 4,029 40.6 +09 0.7 4,097 4,080 3,999 4,294 46
Household appliances ........ 2,743 2,645 2,639 437 40.2 43.9 2,834 2,737 2,611 2,867 12
Electric lighting and
wiring equipment ...... . : 2,887 2,878 2,904) +03 -0.9 02 2,893 2,838 2,807 2,964 24
Houschold audio and
video equipment .. . . - 1,109 1,102 1119] +06 -15 27 1,079 1,087 1,094 1229] -12.2
\ Communications equipment 8,102 8,007 7,960] +12{ +06) +47 8,021 7,981 7,935 7,167) +11.9
Electronic components : 9,067 9,080 8,995 O01} +09] +04] 9,004 9,022 8,863 8891] +13
Transportation equipment : 66,368} 66,625] 66,481 04] +02 1.0] 66,641} 67,190] 65,971] 73,170 8.9
Motor vehicles and parts vee 11,573] 11,397] 11,339] +15] 40.5 -14] 11,661] 11,860] 11,619] 12,490 6.6
Aircraft, missiles,
space vehicles, and parts. ..... . 50,397] 50,875] 50,873 09 0.0 -L1} 50,580} 50,897] 50,075] 56,283] -10.1
Shipbuilding and tanks . . 1.841 1,847 1,780 03] 438 “17 1,801 1,816 1,742 2,035) 0-115
Instruments and related products 23,171] 23,252] 23,154 03} +04 -10] 23,078] 23,214] 22,718] 23,999 “3.8
Search and navigation equipment 6,381 6,592 6,634 32 -0.6 34 6,330] 6,581 6,421 7,782| — -18.7
Measuring and controlling devices . 6,690 6,660 6,641 40.5 +03 +0.6 6,650 6,644 6,586 6,656 -0.1
Medical instruments and supplies : 6.214 6,237 6,262 -04 -0.4 08 6,220] 6,266 6,193 6,034) 43.1
Photographic goods . . . 3,203 3,076 2,934 44.1 +48 +0.4 3,190 3,036 2,850 2,858] +116
All other durable goods ..... - | 20,881] 20,356] 20,024] 42.6] +17] 40.1] 21,008] 20636] + 20,207} 20,015] + +5.0
Nondurable goods industries eee 144,552] 143,960] 144,089 +04 0.1 +0.4} 144,510} 144,865] 145,025] 139,407 43.7
With unfilled orders 33,392} 33,325] 33,490] +0.2 05] +06] 33,614] 33,375] 33,257] 33,758 04
Food and kindred Products - -- | 30,753} 30,668] 30,721] +03 02] +09) 30,138] 30,839} 31,302] 29,657] +1.6
Meat products. 3,036] — 2,969 2,933] +23) 412] +424 3,075 3,016] 2,896 2,780] +106
Dairy products vee 2,743 2,750 2,766 -03 06| +25 2,707] 2,689 2,704 2,637) +2.7
Beverages . . 5,509 5,501 5,526] +0.1 -0.5 2.6 5,575 5,524 5,535 5,528] +09
All other foods, except fats and oils 17,806 17,765 17,758 40.2 0.0 40.7 17,094 17,854 18,316 17,088 0.0
Tobacco products tees 6,809} 6,707 6679] +15] +04 “15 6.918 7,195 7,210 6,588] — +5.0
Textile mill products . . eteeee 9,197 9,162 9,170 +04 01 +03 9,219 9,252 9,109 8,798 +48
Broadwoven fabrics and
other textiles... . 5,214 5,178 $212] +0.7 0.7 02 $,251 5,255 5,233 $189] +12
Paper and allied products . 13,558 13,473 13,429 40.6 +03 +03 13,778 13,688 13,585. 13,797 0.1
Pulp, paper, and
paperboard mill products . . 5,647 5,561 $568] +15 01] +05 5,749 5,699 5,654 $679} +12
Paperboard containers and boxes 3,286 3,314 3,260 08 +17 +12 3,312 3,334 3,344 3,267 +14
Miscellaneous converted
paper products . 4,625 4,598 4601] +06 0.1 06] 4,717 4,655 4,587 4,851 28
Chemicals and allied products. 35,188] 35,213] 35,401 0.1 05] +01] 35,587] 35,690] 35,669} 34,340} 43.6
Industrial chemicals feet 17,216] 17,302] 17,428 -0.5 0.7 04] 17,423] 17,566] 17,689] 17,416 0.0
Drugs, soaps, and toiletries... . 13,287 13,220 13,184 +0.5 +03 +0.7 13,114 13,052 12,975 12,113 +83
Petroleum and coal products . 11,514 11,421 11,330 +0.8 +0.8 +0.7 11,301 11,159 11,191 10,976 43.0
Rubber and plastics products... . . 11,594] 11,559} 11,597 +03 03 0.1 11,731 11,749] 11,729] 11,048 46.2
qp'!! other nondurable goods : 25,939 25,757 25,762 +0.7 0.0 40.7 25,838 25,293 25,230 24,203 +68

° Preliminary. ‘ Revised.


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

300 300
New Orders

280 F-------------- “22-2 ee ee eee eee e--s Shipments || 280

260 260

240 240
220 - - ---------- 2 rrr rrr rd 220
200 1 1 L i L i it 1 L i 1 i L 200
Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar
Mar. 1991 - Mar. 1993
Total Manufacturing

Ratio of Unfilled Orders and

Inventories to Shipments
V/S Ratios UO/S Ratios
2.5 4.5
24b----- cc rr rr rr vos | 4.4
2.3 4.3
2.2 4.2
2.1 4.1

2 4

1.9 3.9
1.8 3.8
1.7 3.7
1.6 3.6
1.5 3.5
1.4 3.4
1.3 3.3
1.2 1 1 i 1 1 1 in 1 1 1 1 1 1 3.2

Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar
Mar. 1991 - Mar. 1993

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

I Industry Monthly Percent Change Monthly Percent
change
Mar. Feb. Jan. | Feb~ | Jan- | Dec.- Mar, Feb. Jan. Mar. | Mar.
193° 1993" 1993 } Mar. Feb. Jan. 1993? 1993* 1993 1992 | 93/92
UNFILLED ORDERS
All manufacturing industries 470,326 | 475,859 | 474,748 12 40.2 +04 | 472,249 | 477,527 | 474,838 | 500,481 5.6
Market categories :
Automotive equipment .. . 1,638 1,664 1,653 -16 +0.7 423 1,649 1,689 1,652 1,704 3.2
Home goods and apparel... .. . 10,623 | 10,701 | 10,586 07] +11] 433] 10,734 | 10,558 9.911 9548 | +124
Consumer staples : 1,369 1365 1321 +03 | +33 “15 1340 1,358 1,353 1,235 48.5
Machinery and equipment 196,759 | 200,173 | 198,450 -17] +09 -1.0 | 196,702 | 200,457 | 198,553 } 212,714 “15
Business supplies . . . 5,794 | 5,831 5,748 06] +14] 01 5,739 | 5,766 5,665 5,813 13
Construction materials
and supplies 14,534 | 14,741 | 14,356 14] 427} 42.1 | 14,592 | 14,654] 14,190 | 14,046 43.9
Defense products .. . . 119,830 | 120,647 | 122,152 07} -12 | +09 | 121,153 | 121,611 | 123,513 | 132,588 -8.6
Other materials, supplies and
and intermediate products 119,779 | 120,737 | 120,482 08} +02] +19 | 120,340 | 121,434 | 120,001 | 122,833 -2.0
Durable goods industries :
Nondefense capital goods * 214,912 | 218,515 | 216,945 -16 | +07 -1.1 } 214,783 | 219,051 | 217,351 | 233,621 8.1
Excluding aircraft and parts 73,078 | 73,443 | 72,781 0.5 +0.9 +0.5 | 72,949 | 73,979 | 73,187 75,478 34
Defense capital goods‘... .. 126,148 | 127,147 | 128,647 08] 1.2 | +09 | 127,462 | 128,007 | 129;832 | 140,385 92
Durables excluding capital goods 106,192 | 106,815 } 105,780 0.6] +10] +28 | 106,713 | 107,361 | 104,959 | 102,847 43.8
Miscellaneous series
Producers’ durable equipment 220,584 | 224,421 | 222,094 17 +10 -0.5 | 220,555 | 224,736 | 222,008 | 235,254 6.2
Household durable goods 5,422 5,627 5,608 3.6 +03 +10 5,476 5,528 5,249 5,290 43.5
Information technology industries . | 31,713 | 32,501 | 32,008 24] +15 -0.6 | 31,489 | 32,308 | 31,718 | 33,065 48
Health care equipment
and products . - 8292 | 8,454 | 8,687 19] 27] 432] 8291 8,453 8,686 7,979 43.9
TOTAL INVENTORIES
~.
\L All manufacturing industries 379,981 | 379,080 | 378,452] +02] +02 -0.1 | 380,322 | 381,601 | 378,030 | 383,614 09
Market categories :
Automotive equipment . 6371 6215 | 6136 | 425] +13 08 | 6467 | 6,527 | 6,273 6,566 -15
Home goods and apparel 30,353 | 29,830 | 29,603 +18] +08 | +04 | 30,286 | 29,722 | 29,415 | 27,854 48.7
Consumer staples . 59,877 | 59,551 | 59,507 | +05} 40.1 | +03 | 59164 | 59.777] 60.136 | 57,230 43.4
Machinery and equipment - 87,195 | 87,166 | 86,416 00] +09 -0.1 | 87,321 | 88,029 | 85,896 | 88,128 09
Business supplies . 21,334 | 21,461 | 21,710 06] -L1} +06] 21,511 | 21,501 | 21,460 | 22,008 23
Construction materials
and supplies 23,283 | 22,865 | 22,680 | +18] +08] +01 | 23,540 | 23,191 | 22,667 | 22,839 43.1
Defense products ........... 27,925 | 28,470 | 28,698 19] 08 -14 | 27,901 | 28,154 | 27,925 | 33,248 | -16.1
Other materials, supplies and
and intermediate products 123,643 | 123,522 | 123,702 | +0.1 0.1 -0.3 | 124,132 } 124,700 | 124,258 | 125,741 “13
Durable goods industries
Nondefense capital goods * 81,561 | 81,773 | 81,226 03} +07 -0.1 | 81,413 | 82,386 | 80,639 | 83,276
Excluding aircraft and parts 53,414 | 53,519 | 53,215 02} +06] +01 | 53,110 | 53,740 | 52,687 | 5a'188
Defense capital goods * 29,557 | 30,159 | 30,488 20) - -14 | 29,517 | 29,760 | 29,577 | 35,508
Durables excluding capital goods 124,311 | 123,188 | 122,649 | +09] +04 -04 | 124,882 | 124,590 | 122,789 | 125,423
Miscellaneous series
Producers’ durable equipment . . 140,183 | 139,766 | 138,922 | +03] +06 -0.3 | 140,569 | 141,203 | 138,525 | 142,477 13
Household durable goods . . an 13,018 12,717 12,696 42.4 40.2 0.0 13,053 12,792 12,685 12,860 +15
Information technology industries 28,606 | 28,393 | 28,031 40.8 +13 +13 | 28,214 | 28,366 | 27,675 | 27,606 42.2
Health care equipment
and products see 13,425 | 13,413 | 13,418 | 40.1 0.0 0.0} 13,339 | 13,353 | 13,239 | 12,619 45.7

See footnotes at end of table 5.


6 =
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 4
Industry change

Mar. Feb. Jan. | Feb.- | Jan-} Dec.- Mar. Feb. Jan. Mar. Mar.
1993? 1993" 1993 | Mar. Feb.} Jan.} 1993? 1993" 1993 1992 | 93/92 1993° 1992

IPMENTS,
All manufacturing industries - - |260,066 | 257,266 |253,021 | +11] +1.7] -1.6 ]269,682 | 252,026 |226,456 | 250,588 +7.6 | 748,164 | 695,298

Market categories :

Automotive equipment . . . + | 11,902 ] 12,013 } 11,602] -0.9} +3.5 12,557 } 12,361 | 10,295 | 10,202] +23.1 ] 35,213 | 27,809
Home goods and apparel. . 18,552 | 18,448 | 18,623] +06] -0.9 18,894 | 18457 | 15,976} 16,705] +13.1 ] 53,327 | 46,352
Consumer staples .............| 57,363 | 56,172 | 56,321] +21] -03 58,164 | 54,079 | 51,891 | 54,699] +63 | 164,134 | 155,466
Machinery and equipment .-| 44,424 | 42,935 | 42,695] 43.5} +06 48,730 | 41,649 | 36,202 | 43,800 | +11.3 | 126,581 | 113,935
Business supplies .............] 19,557] 19,460] 18,934] +05] +28 19,668 | 18,967 } 17,637] 18,922] +3.9 | 56,272 | 54,004
Construction materials

and supplies ...... cies s| 16,475 | 16,668] 15,827] -12] +53] -1.9] 16,586} 15,686 | 13,524] 15,231] +89] 45,796 | 41,893
Defense products .............| 8,097] 8,045] 7,913] +06] +1.7] -24] 8368] 7,687] 6,383] 8843] -5.4| 22,438} 23,932
Other materials, supplies and

and intermediate products ......] 83,696 | 83,525] 81,106] +02] +3.0] -13} 86,715 | 83,140] 74,548] 82,186] +5.5 | 244,403 | 231,907
Durable goods industries

Nondefense capital goods > ......| 34,585] 32,997} 32,700] +48] +09] -4.4] 38,861 | 31,389 | 26,885] 35,656] +9.0 | 97,135 | 90,156

Excluding aircraft and parts .... | 28,982 | 27,644 | 27,160] +48] +18 32,539 | 26.295 | 22,638 | 28,206 | +15.4| 81,472 | 71,982

Defense capital goods‘ ...... 7,833 7,860 7,672 | -0.3] +2.5 8,053 7,412 | 6,030 8,616 ~6.5 21,495 | 23,330
Durables excluding capital goods . | 93,369 | 93,247} 90,093 | +0.1] +3.5] -2.0| 97,075 | 93,006 | 80,676 | 87,128] +11.4 | 270,757 | 242,362

Miscellaneous series :
Producers’ durable equipment .... | 87,544 | 85,209 | 83,976 | 42.7] +15
Household durable goods 7,531 7,574 7,577| -0.6 0.0
Information technology industries 15.964 | 15.273] 14,750] +45] +35
Health care equipment

94,467 | 84,247 | 72,907 | 83,647] +12.9 | 251,621 | 223,552
8,040 | 7,470] 6,404 7,822 +69 21,914 | 20,109
18,077 | 13,989} 12,140] 15,645] +15.5 44,206 | 39,642

and products . s....[ 8218] 7,896] 7,929] +41] -04] -73] 8,569] 7,861] 7,740] 7,874] +88] 24,170 | 23,050
NEW ORDERS
All manufacturing industries . |254,533 |258,377 |255,018 | -1.5] +13] -1.3]264,404 [254,715 }231,502 |249,552 | +6.0 | 750,621 | 693,514 yy
Market categories :

Automotive equipment .........} 11,876 | 12,024] 11,638} 1.2] +33] -0.6} 12,517] 12,398 | 10,363 | 10,170} +23.1 | 35,278 | 27,839
Home goods and apparel .......| 18,475 | 18,562] 18,960} -0.5} -2.1] +32] 19,070] 19,104] 17,107} 16,756} +13.8 | 55,281 | 47,462
Consumer staples . . .......] 57,367 | 56,217} 56,301] 42.0] -O.1] -12] 58,146] 54,084 | 51,864 | 54,666 | +6.4 | 164,094 | 155,416
Machinery and equipment .......] 41,010 | 44,658 | 40,710] -82] +97] -75] 44,975 | 43,553 | 34,912 | 43,531 | +3.3 | 123,440 } 112,787
Business supplies... . . --] 19,521] 19,543] 18930] -0.1] +32] -3.5] 19,641 | 19,068 | 17,689] 19,089] +29 | 56,398 | 54,061

Construction materials

and supplies .
Defense products... .
Other materials, supplies and

--| 16,268 | 17,054 | 16,126] -4.6] +5.8] +0.1] 16,524] 16,150] 13,814] 15,299 +8.0 | 46,488 | 42,062
sees 7,279 | 6,540} 9,008 | +113] -27.4] +11.0] 7,910 5,785 7,693 7,977 0.8 21,388 | 20,497

and intermediate products .... . 82,737 | 83,779 | 83,345] -1.2] +0.5] +0.1] 85,621 | 84,573 | 78,060 | 82,064] +4.3 | 248,254 | 233,390
Durable goods industries :
Nondefense capital goods? ..... .] 30,982 | 34,567 | 30,355] -10.4] +13.9] -108] 34,593 | 33,089] 25,317] 35,404] -23 | 92,999 | 89,176
Excluding aircraft and parts... . | 28,617 | 28,306 | 27,538] +11] +28 7| 31;509 | 27,087 | 23,793 | 27.449] +148 | 82,389 | 72,797
Defense capital goods * ».. | 6834] 6360] 8,798] +75] -27.7| +106] 7,508] 5,587] 7,509] 7,819] -4.0 | 20,604 | 20,084

Durables excluding capital goods 92,746 | 94,282 | 92,970] -1.6] +14] -0.3] 96,427] 95,408 | 85,328 | 86,292 +117 277,163 | 243,717

Miscellaneous series :
Producers’ durable equipment .... | 83,707 | 87,536 | 82,823] -4.4| +5.7] -3.9| 90,286] 86,975 | 73,674 | 82,296 | +9.7 | 250,935 | 222,043
Household durable goods 7,326 | 7,593} 7,633] -35] -05| +11] 7,988] 7,749] 7,178] 7,545] +5.9 | 22,915 | 20,909
Information technology industries .| 15,176 | 15,766] 14,568] -3.7| +82] -I1.1] 17,258] 14,579] 11,980] 15,365 | +123 | 43,817 | 39,066
Health care equipment

and products sevceseeeed 8,055] 7,663] 8,200] 45.1] -6.5] -22] 8,407] 7,628] 8,011] 7,624] +10.3 | 24,046 | 22,807

” Preliminary. * Revised

' Topical series are regroupings of the separate industry categories.

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

> Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; 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; aircrafl, 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, tai
and tank components; and search and navigation equipment.


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
_

Industry Mar, Feb. Jan, Dec. Mar. Feb. Jan, Dec.
1993? 1993" 1993 1992 193° 1993" 1993 1992
All manufacturing industries 1.46 1.47 1.50 147 3.42 3.51 3.56 3.45
Durable goods industries. 1B 1.75 1.80 1.76 411 424 433 4.18
Stone, clay, and glass products... . . 1.30 1.44 153 147 144 136 137 1.28
Primary metals 2... . 170 1.70 174 1.75 2.06 199 1.96 1.85
Fabricated metal products... . 139 161 161 1.60 178 1.85 1:87 1.83
Industrial machinery and equipment 1.82 1.92 1.93 1.96 2.24 237 235 235

Electronic and other
electrical equipment . . 1.65 167 1.75 159 2.24 233 249 2.22
Transportation equipment 181 184 1.88 184 11.88 12.43 12.73 12.15
Instruments and related products . . 2.25 226 2.28 224 5.25 5.29 538 5.16
Nondurable goods industries... .. . 1.16 1.17 1.18 117 0.80 0.81 0.80 0.78
Food and kindred products 091 0.92 091 091 (X) (X) (X) fea)
Tobacco products . . 2.26 2.43 2.20 214 & (X) (x) ()
Textile mill products. : : : 134 1.49 1.45 1.49 (NA) (NA) (NA) (NA)
Paper and allied products»... ... . 132 131 129 1.25 (NA) (NA) (NA) (NA)
Chemicals and allied products . 1.35 137 1.40 1.38 (xX) (xX) () (X)
Petroleum and coal products. . 0.83 084 0.87 0.86 &) x) &) &)
Rubber and plastics products... . 1.28 126 128 130 (e9) &) (&) &)

Preliminary. ' Revised. (X) Not applicable. (NA) Not available

' Excludes the following industries with no unfilled orders : Wood and lumber products; glass containers; metal cans, barrels and drums; farm and garden machinery;
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related products; chemicals:
petroleum and coal products; and rubber and plastics products

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

Shipments New orders Unfilled orders Inventories

Industry
Mar, Mar. Mar. Mar,
Mar. | 1992- Mar? | 1992- Mar.? | 1992- Mar.? | 1992-
Mar.'| 1988-| Feb. | Mar.' | 1988-] Feb. | Mar.' | 1988-| Feb. | Mar.’ | 1988-] Feb.
1993 | 1992] 1993} 1993] 1992] 1993 | 1993 | 1992} 1993 | 1993 | 1992 | _ 1993
All manufacturing industries . . . (xX) 0.0 0.2 (%) 0.1 03 (xX) 0.0 0.1 (xX) 0.1 0.1
Durable goods industries eee 06 0.1 03 03 02 0.6 -0.1 Ol 0.1 (x) 0.0 0.1
Stone, clay, and glass products . (Xx) 0.7 08 (xX) 08 15 (X) 02 0.7 (X) 0.1 03
Primary metals. . . sees o 03 02 03 0.4 0.7 08 03 03 03 (X) 0.2 01
Fabricated metal products. . . e3) 02 04 (X) 02 07 &) 02 04 &) 1 03
Industrial machinery and equipment 25 04 04 24 03 04 -02 03 01 & 02 01

Electronic and other

electrical equipment .. oo 01 02 0.5 0.0 03 0.7 0.0 0.1 0.1 (X) 01 0.1
Transportation equipment . . . cee 02 02 0.8 0.0 0.5 19 0.0 0.1 0.2 (X) 0.1 0.2
instruments and related products . . . ® 03 09 es) 06 09 es) 01 01 &) 0.0 02
Nondurable goods industries (X) 01 0.1 (X) 0.1 0.1 (xX) 03 04 (xX) 0.1 02
Food and Kindred products... . . (x) Ol 03 &) & &) &) e) (e4) &) 01 04
Tobacco products (x) Ol 25 ) (X) ) (x) (Xx (x) & 0.0 1
Textile mill products (X) 0.5 0.5 (x) | (NA) | (NA) (x) | QNA) | (NA) (X) 02 03
Paper and allied products & 05 02 (x) | @NA) | (NA) (x) ] (NA) | (NA) &) 02 04
Chemicals and allied products... . (x) 05 02 « &) ®) &) &) &® & Ol 02
Petroleum and coal products . (X) 04 03 X (xX) (x) (x) (xX) (xX) (X) 0.2 03
Rubber and plastics products oe (x) 05 03 (X) (X) (xX) (xX) (X) (X) (X) 01 02

Capital goods industries :
Nondefense . . tee 23 03 0.6 2.0 03 Ld 0.0 0.1 Ol (xX) 01 0.1
Defense 0.3 03 12 10 12 5.5 0.0 0.0 0.2 (Xx) 0.1 04

wo (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 precent 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

f oy
“ w j

aN 4
U. S. Department of Commerce
BUREAU OF THE CENSUS

March 1993
M3-1-(93)-3
For Wire Transmissions 10:00 a.m. E.D.T. April 30, 1993

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

Summary

New orders for manufactured goods in March
decreased $3.8 billion or 1.5 percent to $254.5 billion, the
Department of Commerce, Bureau of the Census reported
today. This follows a 1.3 percent increase in February and
13 percent decrease in January. Excluding defense capital
goods, new orders were down $4.3 billion or 1.7 percent.

rders for first quarter 1993 totaled $768.0 billion, up 2.9
percent from fourth quarter 1992.

Shipments increased $2.8 billion or 1.1 percent to a
new high of $260.1 billion, following a 1.7 percent increase
in February and 1.6 percent decrease in January. This is the
fourth increase in the last five months. Shipments for first
quarter 1993 totaled $770.4 billion, up 2.8 percent from
fourth quarter 1992,

Unfilled orders decreased $5.5 billion or 1.2 percent to
$470.3 billion, the first decline since November. The unfilled
orders-to-shipments ratio decreased from 3.51 in February

- to 3.42 in March, the lowest ratio since August 1978.

Inventories increased $0.9 billion or 0.2 percent to
$380.0 billion. This follows a 0,2 percent increase in
February and five consecutive declines from September to
January. The inventories-to-shipments ratio decreased from
1.47 in February to 1.46 in March, the lowest on record.

New Orders

New orders for durable goods in March decreased $4.6
billion or 3.4 percent to $130.6 billion, following a 2.3
percent increase in February.

Nearly all major’ groups declined in March.
Transportation equipment had the largest decrease, down
$3.7 billion or 10.2 percent to $32.7 billion, primarily due to
aircraft and parts. This follows a 9.6 percent increase in
February and an 8.3 percent decrease in January.
Fabricated metal products, electronic and other electrical
equipment, and instruments and related products have each
declined for three consecutive months.

New orders for nondurable goods increased $0.8 billion
or 0.7 percent to a new high of $124.0 billion. This is the
fourth increase in the last five months. Increases, led by
food and kindred products and chemicals and allied
products, more than offset declines, led by textile products
and printing and publishing.

Shipments
Shipments of durable goods in March increased $1.7

billion or 1.3 percent to a new high of $135.8 billion,
following a 2.8 percent increase in February. This is the

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

fourth increase in the last five months. Industrial machinery
and equipment had the largest increase, up $1.1 billion or
4.9 percent to $24.2 billion, with nearly halt the increase in
computers and office equipment. Transportation equipment,
up five of the last six months, increased $0.4 billion or 1.0
percent to $36.6 billion, with increases in aircraft and parts
and motor vehicles and parts. Lumber and wood products
and stone, clay, and glass products had the largest decreases.

Shipments of nondurable goods increased $1.1 billion
or 0.9 percent to a new high of $124.3 billion, following a 0.5
percent increase in February. This is the fourth increase in
the last five months. The largest increases were in food and
kindred products, up $0.4 billion or 1.2 percent to $33.9
billion, and chemicals and allied products, up $0.4 billion or
1.5 percent to $26.1 billion, Textile products, rubber and
plastics products, and printing and publishing had declines.

Unfilled Orders

Unfilled orders for durable goods in March decreased
$5.2 billion or 1.2 percent to $447.3 billion, the first decrease
since November 1992. Transportation equipment had the
largest decrease, down $3.9 billion or 1.6 percent to $238.3
billion. This is the fourth decline in the last five months.
Electronic and other electrical equipment was down $1.0
billion or 2.3 percent to $42.5 billion, Tollowing a 1.4 percent
decline in February. Primary metals, up four months in a
row, had the largest increase, up $0.8 billion or 3.5 percent
to $23.5 billion. Unfilled orders for nondurable goods,
declined $0.3 billion or 1.3 percent to $23.1 billion, the first
decline since September 1992.

Inventories

Inventories for durable goods in March increased $0.3
billion or 0.1 percent to $235.4 billion. This follows a 0.3
percent increase in February and five consecutive declines
rom September to January. Lumber and wood products
had the largest increase. Transportation equipment was
down $0.3 billion or 0.4 percent to $66.4 billion, as a decline
in aircraft and parts more than offset an increase in motor
vehicles and parts. Nondurable goods increased $0.6 billion
or 0.4 percent to a new high of $144.6 billion. This is the
second increase in the last three months.

By stage of fabrication, finished goods increased 0.8
percent in durables and 0.3 percent in nondurables. Work
in process was down 0.3 percent in durables and up 0.4

ercent in nondurables. Materials and supplies increased
.3 percent in durables and 0.6 percent in nondurables.

(SEE BACK PAGE FOR UPCOMING REVISIONS)

‘The advance report on durable goods for April is scheduled for May 26, 1999 at 8:30 am. and the full report cause ft A rough For sale by the

intendent of Documents, U.S. Government Printing Office, W:
of Com aye

rashington, DC 20402. This report is also available the day of issue through the \t
erce’s online Economic Bulletin Board (N-8-1) (202-482-3870) and through the Census i y

u’s online information service-CENDATA. ATA

is available from Dialog Information Services, Inc. (1-800-334-2564) and CompuServe (1-800-848-8199). The CENDATA staff at the Bureau of the Census (301-
guidance.

763-2074) can provide content information and general


U.S. Department of Commerce | | | |
BUREAU OF THE CENSUS
Washington, D.C. 20233

Official Business

Penalty for Private Use, $300

POSTAGE AND FEES PAID
US DEPARTMENT OF COMMERCE

COM-202

First Class Mail

NOTICE

Revised historical data for Manufacturers’ Shipments,
Inventories, and Orders will be issued in mid-June. The
primary purpose of the revision is to benchmark the data to the
1991 Annual Survey of Manufactures. Less significant revisions
will reflect the addition of data received too late to include
in the monthly press releases, corrections for misclassified
reports, and updating the trading day adjustment methodology.
Revisions related to benchmarking affect all industry categories.

Any questions regarding this announcement can be answered by
calling Steve Andrews on (301) 763-2502.



Nondefense Capital Goods 1

New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders

38; ------------------------------ +--+ eee Shipments | 3g

1 L a i L 1. L 1 it L L 1 i
Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar
Mar. 1991 - Mar. 1993

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages

Billions of Dollars
11 11

New Orders
10F------------------------------------- ——"|-410

Shipments

5 1 1 1 L 1 1 1 1 it 1 1 1 i 5
Mar May — Jul Sep Nov Jan Mar May — Jul Sep Nov Jan Mar

Mar. 1991 - Mar. 1993

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 ®
Mar. Feb. Jan, Feb-- Jan.- | Dec- Mar. Feb. Jan. Mar. Mar.
1993” 1993" 1993 | Mar. Feb. | Jan. | 1993" | 193° 1993 1992 | 93/92
MATERIALS AND SUPPLIES
All manufacturing industries 118,311 | 117,797 | 117,993 | +04] -0.2 | -0.3 | 118,184 | 118,608 ] 119,614 | 118,297 0.1
Durable goods industries . 65,672 | 65,486 | 65,488 | +03 00] -06 | 65,275 | 65,807 | 66,148 | 66,244 “15
Stone, clay, and glass products 2434 | 2414 | 2,414 | +08 oo} -23] 2416] 2434] 2442 | 2386 +13
Primary metals 6,245 6,119 6,210 +21 “15 +01 5,986 6,071 6,321 $5,927 +10
Fabricated metal products . 7369 7873 7841 0.1 +04 4.4 7887 7841 7907 7883 40.1
Industrial machinery and equipment | 13,887 | 13,985 | 13,878 0.7} +08} +07 | 13,790 | 14,073 | 14/078 | 12,981 +62
Electronic and other
electrical equipment 9,066 | 9,089 | 9,159 03} 08} +07] 9,028} 9,100} 9146 | 9,142 “1.2
Transportation equipment . 11656 | 11,483 | 1n4i3 | +15] +06] -13 | 11731 | 1621] 11499 | 13,640 | -14.0
Instruments and related products - 6/920 3389 | 7071 | +04] -26] 03 | 6955] 6937] 7084 | 6833 +18
Lumber, furniture and
miscellaneous durable goods 7,595 | 7,634 | 7,502 05} +18} +02] 7,482} 7,730] 7671 | 7,452 +04
Nondurable goods industries 52,639 | 52311 | 52,505] +06] -04 0.0 | 52,909 | 52,801 | 53,466 | 52,053 +16
Food and kindred products 10,119 | 10,131 | 10,261 0.1} -13 | +08} 10,174 | 10,233 | 10,551 | 10,178 0.0
Tobacco products 53331 $306] 5250] +05] +11 | +08 | 5473 | 5588 | 5,702 | 5,238 +4.5
Textile mill products. : 2719 | 2737 | 2;705 07) 412} -27 4) 21741 2786 | 2.727 | 2,694 +17
Paper and allied products 6349 | 6726 | 6690] +18] +05} +02] 6896 | 6801 6812 | 6.943 0.7
Chemicals and allied products ig41 | 1.728 | 11928 | +0} 17 | -01 | 11800 | 11,775 | 12,000 | 11,557 42.1
Petroleum and coal products 2946 | 3,000 | 2/975 18} 408] 439} 2/891 927 | 2/915 | 2,797 +34
Rubber and plastics products 4340 | 4300] 4317] +09] 04] -07] 4326 | 4291 4382 | 4,251 +18
Apparel printing, and publishing
and leather goods . . . . 8.494 | 8,383 | 8379 | +13 00] -15 | 8,608 | 8400] 8,407] 8,395 42.5
WORK IN PROCESS
All manufacturing industries 131,851 | 132,130 } 131,810 02} +02] -04 | 131,845 | 132,270 | 129,990 | 137,783 43
Durable goods industries ......... 108,418 | 108,789 | 108,704 03 | +01 -0.5 | 108,605 | 109,016 } 106,989 | 115,538 6.0
Stone, clay, and glass products 1.088 1,091 1,092 03 | 0.1 -10 "138 1127 1.081 1,161 20
Primary metals 7286 | 7,239 | 7239 | +06 00} +08) 7282] 7196] 7116}  7:500 29
Fabricated metal products L | 7351 7230 | 7305} +17] -10] +07 | 7360 | 7279 | 7/323 7434 -1.0
Industrial machinery and equipment 17/048 | 17,258 | 173336 12] 04] -10 | 173066 | 17.212 | 16,929 | 19129 | -10.8
Electronic and other
electrical equipment 14,028 | 13,919 | 13,865] +08] +04] +22] 14,024] 13,935 | 13,678 | 13,052 474
Transportation equipment . . - 46,908 | 47307 | 47276 08 | +0.1 -13 | 47,165 | 47.498 | 46,543 | 51,415 83
Instruments and related products 10,359 | 10,497 | 10,373 “13 [ +12 | -17 | 10/213 | 10,464 | 10,102 | 11,674 | -125
Lumber, furniture and
miscellaneous durable goods 4350] 4248] 4218] +24] 40.7] +12] 4357] 4305] 4217] 4,173 +44
Nondurable goods industries 23,433 | 23,341 | 23,106 | +04] +10 0.0 | 23,240 | 23,254 | 23,001 | 22,245 +45
Food and kindred products 3.614 | °3;595 | 3,641 | 405] -13 0.2 619 3646 | 3,759 | 3,432 45.4
Tobacco products... . 84 88 33 45] 54] +94 1 91 100 71 0.0
Fextile mil products, 2,443 | 2,457 | 2,463 06 | 02] +12] 2,431 2,459 | 2,431 2,430 0.0
Paper and allied products 1,123 1139 | 11122 4] +15} +13 1134 1,137 1115 1,149 +13
Chemicals and allied products 5,829 | 51856 | 5,734 05} +21] +02] 5,681 51862 | 5,717 | 5/266 79
Petroleum and coal products 2960 | 2936 | 2838 | +08] +35 26 | 2935 | 2838 | 2,769 | 2,999 211
Rubber and plastics products |: . 1515 1/538 Tsi4 5] +16] -06] 1,496 1;561 1.541 1,483 +09
Apparel, printing and publishing ©
and leather goods . 5,865 | 5,732 | 5,701] +23] +05] +05] 5,867] 5,660] 5,569] 5,409 48.5
FINISHED GOODS
All manufacturing industries 129,819 | 129,153 | 128,649 | +05] +04} +04 | 130,293 | 130,723 | 128,426 | 127,534 +22
Durable goods industries 61,339 | 60,845 | 60,171 | +08] +11 -0.1 | 61,932 | 61,913 | 59,868 | 62,425 08
Stone, clay, and glass products - 4346 | 4333 | 4347] +03] -03 | +18] 4461 4500 | 4353 | 4,522 13
Primary metals... . : 5,838 | 6,003 | 5,874 27| +22] -«2] 5917] 6082 | 5874 | 6.331 65
Fabricated metal products 72274 | 7,282 | 7,239 1] +06] +12] 7,501 7419 | 7,156 | 7,672 22
Industrial machinery and equipment 137020 | 12914 | 12%88 | +08] +402] -12 | 12994 | 13304 | 12,868 | 13,142 “11
Electronic and other
electrical equipment . 3229 | 3138} soi7] +1) +15] +01 8.235 | 8,123 | 7,837 | 8,761 6.0
Transportation equipment . 77804 | 7,835 | 7,792 04] +06] +11 7,745 | 8,071 77929 | 8,115 “4.6
Instruments and related products sgo2 | 5/866 | 5'710 | +04] 427] 06] S910] 5,813 51532 | 5,492 476
Lumber, furniture and
miscellaneous durable goods . 3936 | 8474] 8304] +55] +20] -06] 9,169} 8,601 8,319 | 8,390 49.3
Nondurable goods industries . 68,480 | 68,308 | 68478] +03] -02 | +08] 68361 | 68,810 | 68,558 | 65,109 +5.0
Food and kindred products 17020 | 16,942 | 16819 | +05] +07] +11 | 16345 | 16,960 | 16,992 | 16,047 +19
Tobacco products ......- 1394 1313 1336 | +62} -17 | -103 1368 1/516 1.408 1.273, 475
Textile mill products...) : 4035 | 3968 | 4002 | +17] -08 | +19] 4047 | 4007 | 3.951 3,674 | +102
Paper and allied products |... |: 5,586 | 5,608 | 5,617 04] 02} +02] 5,748] 5,750 | 5,658 | 5,705 +08
Chemicals and allied products 17318 | 17.629 | 17.739 06} 06} +03 | 18106 | 18,053 | 17,952 | 17,517 434
Petroleum and coal products 5608 | 51485 | 51517} 422] -06] +09] 5475] 5304] 5507 S18 45.7
Rubber and plastics products 53739 | 5,721 3766 | +03} 08} +04] 5909] 5.897] 5836] S314] +112
Apparel, printing and publishing
and leather goods . . 11,580 | 11,642 | 11,682 05 | 03 | +24] 11363 | 11,233 | 11,254 | 10,399 +93

” 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 Perce
change
Mar, Feb. Jan.| Feb} Jan-{— Dec.~ Mar. Feb. Jan. Mar.| Mar.
1993? 1993" 1993]  Mar.| Feb. Jan. 1993” 1993" 1993 1992] 93/92
All manufacturing industries . . 470,326 | 475,859] 474,748 -12 +0.2 +0.4] 472,249] 477,527] 474,838] 500,481 5.6
Manufacturing industries
without defense capital goods 344,178] 348,712] 346,101 -13] +08} +03] 344,787] 349,520] 345,006] 360,096 43
Durable goods industries . 447,252] 452,477] 451,372 12 +0.2 +04] 448,958] 454,419] 452,142] 476,853 5.8
Stone, clay, and glass products . 6,922 6,807 6457{ +17) 454] 42.1 6,865 6,695 6,132 6392] +74
Primary metals... . 23,503} 22,710] 21,821] +35] +41] 46.8] 23,904] 23.215] 22,015] 21,649] +104
Blast furnaces, steel mills . . . 10,988 10,108 9,260 +8.7 49.2) +127 10,977 10,589 9,480 8,309] +32.1
Iron and steel foundries 2,776 2,898 2,900 42 Ol] +17 2,798 2,869] 2,962 2,844 -16
Nonferrous and other primary
metals... 2. - 9,739} 9,704 9661] +04] +04) 432] 10,129 9,757] 9,573] 10,496 35
Fabricated metal products 23,023] 23,528] 23,559 21 0.1 +03] 23,232] 23,607] 23,688] + 24,559 5.4
Industrial machinery and eaipment $1,247] 51,481] 50,996 05} +10] +05] 51171] 52,088] 51,498] 53,293 -4.0
Engines and turbines 11,155] 10,837] 10,873] +2.9 03 0.2} 10,980} 10,911} 11,127] 10,322] +64
Construction, mining an¢
material handling equipment . . 6,231 6,201 6136] +05] +11} +10 6,362 6,383 6,297 6,376 0.2
Metalworking machinery _ 6,535 6,688 6,703 23 0.2 21 6,535 6,688 6,703 8,246] -20.7
Computer and office equipment . 7,837 8,257 7,837 5.1 45.4 03 7,618 8,077 7,551 8,671 -12.1
Electronic and other
electrical equipment an 42,460] 43,458} 44,074 23 14] 42.8] 42,649] 44,019] 43,785] 42,11] +13
Electrical transmission and
distribution equipment and
industrial apparatus ........... 5,862 5,855 5803} +01] +09) +427 5,882 5,910 5,837 6,308 68
Electric lighting and
wiring equipment 2,897 2,965 2,916 23] 417] 426] 2,897 2,965 2,916 2,900 0.1
Communications equipment 13,919 14,272 14,488 2.5 “1S -1.0 13,938 14,342 14,498 14,456 3.6
Electronic components 15,316 15,768 16,201 2.9 2.7 +5.7 15,393 16,088 16,000 13,961 +103
Transportation equipment 238,303 | 242,163 | 241,954 16} +01 -0.9| 239,360] 242,543] 242,632] 264,743] - -9.6
Aircraft, missiles,
space vehicles, and parts. 207,237] 210,719] | 210,358 17] +02 -1.5} 208,375] 211,127] 211,047] 231,105 98 WW
Shipbuilding and tanks 23,127] 23,463] 23,866 -14 “17 +4.7} 22,978] 23,313] 23,746] 25,884] -11.2
Instruments and related products 53,957] 54,426] 54,653 -0.9 04] +13] 54,079] 54,761] 55,105] 56,553 44
Search and navigation equipment 35,965] 36,089} 36,339 -03 -0.7 +12] 36,122] 36.471] 36,825] — 39,205 79
Measuring and controlling devices . 8,817 8,922 8,839 12] +09] +06 8,817 8,922 8,839 8504] +3.7
Medical instruments and supplies 8,262 8,425 8,658 “19 27) 432 8,262 8,425 8,658 7951] +3.9
Alll other durable goods . . : 7,837 7,904 7,858 08] +06 0.1 7,698 7,491 7,287 7,553] +19
Nondurable goods industries . 23,074] 23,382| 23,376 -13 oo} +15] 23,201] 23,108} 22,696] 23,628 -14

* Preliminary. ‘ Revised.


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
Mar.{ Feb.| Jan. | Feb-| Jan-| Dec.-| Mar.} Feb.] Jan. | Mar. | Mar.
1993°| 1993"| 1993] Mar.| Feb.] Jan.) 1993"} 1993°] 1993] 1992] 93/92} 1993P | 1992
All manufacturing industries 254,533 |258,377 |255,018 | -1.5 | +13] 1.3 ]264,404 | 254,715 |231,502 |249,552 | +6.0 | 750,621 | 693,514
Manufacturing industries
with unfilled orders . . . «+++ .]132,088 | 136,682 | 135,284] -3.4] +1.0] -2.1]139,532 ]135,161 | 122,400 | 135,620 | +2.9 | 397,093 | 372,387
without defense capital goods ... . . 247,699 |252,017 246.220 | -1.7| +24] -1.6]256,896 |249,128 |223,993 |241,733 | +6.3 | 730,017 | 673,430
Durable goods industries ........ 130,562 | 135,209 | 132,123 42.3]  -2.3 138,528 | 134,084 | 118,154 | 129,515 +7.0 | 390,766 | 352,977
With unfilled orders. . . 103,588 | 107,731 | 105,900 41.7] -2.6|110,257 | 106,112 | 94,965 [106,053 | +4.0 | 311,334 | 288,660
Stone, clay, and glass products 5,345] 5,782] 5,251 +10.1] +26] 5,275} 5,549] 4,370] 5,004 $5.4] 15,194 | 13,721
Primary metals . . . - 12,217 | 12,307 | 12,509 -16] +66] 12,388} 12,581 | 12,298] 11,417] +85] 37,267 | 33,015
Blast furnaces, steel mills 5,991] 5,909 | 5,906 40.1] +10.1] 5,693} 6,145} 6010] 4,789] +189] 17,848 | 13,977
Iron and steel foundries 936 | 1,056] 1,094 35] +14] 994] 954] 1117] 1,042] 4.6] 3,065 | 2,783
Nonferrous and other primary
metals . . eee 5,290} 5,342] 5,509] -1.0] -3.0] +42] 5,701] 5,482] 5,171] 5,586] +21] 16,354] 16,255
Fabricated metal products 13,661 | 13,902 | 13,929] -1.7] -0.2] -25] 14366] 13,660] 12,678 | 13,567| +5.9 | 40,704 | 38,647
Industrial machinery and equipment . | 23,929 | 23,521 | 23,112] +1.7| +18] +3.3] 26,607] 22,611 | 20,168} 22,866] +16.4 | 69,386 | 60,068
Engines and turbines .......... 1996] 1,659] 1:541] +203] +77] -34] 1,986] 1,361] 1,152] 1614] +230] 4,499} 4,014
Construction, mining and
material handling equipment 2,835 | 2,803] 2,688 +43] +93] 2,983] 2,869] 2,579] 2323] +284] 8431 | 6,602
Metalworking machinery .... . 2,235 | 2,326] 2,423 4.0] +16] 2,459] 2,256] 1,879] 2,536 3.0 6,594 | 6,461
Computer and office equipment . 6852 | 7,142] 6,512 +9.7| +38] 8296] 6276] 4.937] 6695] +239] 19,509] 15,459
Electronic and other
electrical equipment : 17,953 | 18,044] 18,879] -0.5] -44] -3.1] 18,591] 18,596] 17,274] 17,639] +5.4| 54,461 | 49,939
Electrical transmission and
distribution equipment and
industrial apparatus 2,376 | 2,460} 2,505] -3.4} -1.8] +126] 2,554] 2,532] 2,296] 2,360 $8.2 7,382 6,849
Electric lighting and
wiring equipment 1873} 1,904] 1,898] -1.6] +03] +24] 1,968] 1,932] 1,665] 1,715] +148] 5,565] 4,855
Communications equipment 3772} 3,722| 3,619] +13] +28] -22.0] 4,077] 3,640} 3,120] 4,216] -33 | 10,837 | 10,624
4 Electronic components 51574} 5,567] 6.484] +0.1| -14.1| +33] 5,572] 6,202} 6,270] 4,934] +129] 18,044 | 15,911
ransportation equipment 32,728 | 36,427 | 33,223} -10.2] +9.6] -83] 35,565] 36,478 | 28,380) 34,487] +3.1 | 100,423 | 88,727
~ Aircraft, missiles,
space vehicles, and parts. 6,406} 9,988] 6,602 | -35.9] +51.3| -33.7] 7,873] 9,203] 4,499] 12,224] -35.6 | 21,575 | 26,921
Shipbuilding and tanks 755) 711 | 2,138] +62] -66.7] +580] 795] 666] 1,883 507] +568] 3,344] 1,608
Instruments and related products . . 9,816 | 10,056} 10,869] -24] -7.5] -5.8] 10,207] 9,556] 9,869] 10,481] -2.6 | 29,632 | 29,535
Search and navigation equipment 2514] 2,489] 3,129] 41.0] -205| -45] 2463] 2,181] 2,741} 2,888] 147] 7,385] 8,171
Measuring and controlling devices | 2,611] 2841] 2621] -8.1| +84] -19.2] 2817] 2,790] 2,477] 2,752] +24] 8,084] 7,692
Medical instruments and supplies 2763 | 2564] 3,112] +78] -176] +68] 2947] 2571} 2971] 2,783] +59] 8489] 8,292
All other durable goods 14,913 | 15,170] 14,351] -1.7] +5.7] -0.5] 15,529] 15,053] 13,117] 14,054] +10.5 ] 43,699 | 39,325
Nondurable goods industries . 123,971 |123,168 }122,895 | 40.7] +0.2]  -0.1]125,876 | 120,631 | 113,348 ] 120,037 | +4.9 | 359,855 | 340,537
With unfilled orders . 28,500 | 28,951 | 29384] -1.6] -15] -0.1} 29,275 | 29,049] 27,435 | 29,567] -1.0 | 85,759 | 83,727

° Preliminary. ‘ Revised.

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

(n) When new orders for a prior month are negative because of cancellations, the percentage change calculation is algebraically negative, even though there is anet dollar
increase from the prior month to the current month.

Rillic


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
Mar.| Feb.| Jan. | Feb-| Jan-] Dec] Mar.] Feb.} Jan. | Mar. | Mar.
1993] 1993"] 1993] Mar.| Feb.| Jan.] 19937] 1993'} 1993] 1992] 93/92 | 19937} 1992
All manufacturing industries . . . . . ]260,066 }257,266 ]253,021 | +1.1] +1.7| -1.6 [269,682 |252,026 |226,456 |250,588 | +7.6 | 748,164 | 695,298
Manufacturing Industries
with unfilled orders | 137,621 135,571 133,287} +15] 41.7] -2.7]144,810 | 132,472 [117,354 |136,656 | +6.0 | 394,636 | 374,171
without defense capital goods 252,233 ]249,406 }245,349 | +1.1 | +1.7] -1.5}261,629 |244,614 |220,426 |241,972 | +8.1 | 726,669 | 671,968
Durable goods industries 135,787 | 134,104 | 130,465 | +13] +2.8]  -2.6/143,989 | 131,807 ]113,591 |131,400 | +9.6 | 389,387 | 355,848
With unfilled orders 108,813 | 106,626 |104,242 | +2.1 | +23] -3.1]115,718 | 103,835 }| 90,402 |107,938 | +7.2 | 309,955 } 291,531
Stone, clay, and glass products 5.230] 5,432] 5,120] -37| +61] -42] sos] 4986] 4351] 4949] +432] 14,442 | 13,581
Primary metals coves sf 11424] 1418] 1111s] +01] 42.7] 40.9] 11,699] 11,381] 10,514] 11,290} 43.6 | 33,594 | 32,711
Blast furnaces, steel mills sill | 5061] 4860] +10] +41} 43.1] 5,305] 5,036] 4.735] 4,885] +86 | 15,076 | 14,215
Iron and steel foundries 10s8| 1058] 1,045] 00] +12] 421] 1,065} 1,047) 930] 998] +67] 3,042 | 2,839
Nonferrous and other primary
metals . : 5.255] 5,299] 5210] -08| +1.7] -13] 5,329] 5,298] 4,849] 5,407] -14] 15,476 | 15,657
Fabricated metal products .| 14166 | 13933 | 13:867| 41.7] +05] -18] 14,741 | 13,741 | 12,279] 13,666] +7.9 | 40,761 | 38,336
Industrial machinery and equipment. | 24,163 | 23,036 | 22.855] +49] +08) +09] 27.524 22,021 | 19,107] 23,580] +16.7 | 68,652 | 59,846
Engines and turbines ..} 1678} 1695} 1567] -10] +82] -34] 1917] 1577] 1192] 1,759] +9.0] 4,686 | 4,236
Farm and garden machinery 1249} 1305] 1200) -43] +88] 4147] 1576] 1,482] 1148] 1501} +50} 4.206 | 3,980
Construction, mining and
material handling equipment 2,805] 2,738) 2,627) +24] +42] +32] 3,004] 2,783} 2,331] 2,335] +287] 8118] 6391
Metalworking machinery ....... 2388} 2341] 2569] +20] -89| -09] 2612] 2271] 2025] 2528] +33] 6908] 6,132
Computer and office equipment 7272| 6722) 6539] +82] +28] +53] 8,755] 5.750] 4935] 6.878] +273] 19,440 | 16,003
Electronic and other
electrical equipment 18,951] 18,660] 17,689} +1.6| +55] -84] 19,961} 18,362] 15,593] 18,158] +9.9 | 53,916 | 49,453
Electrical transmission and
distribution equipment and
industrial apparatus... 2,369| 2,408] 2,354) -16] 423] -30] 2582] 2459] 2071] 2516] +26] 7,112] 6,818
Household appliances 1605} 1,700} 1,523] -03] +116] -11.1] 1,824] 161s] 1348] 1645] +109] 4,787} 4,323
Electric lighting and
wiring equipment . . . 1941} 1,855] 1,824] +46] +17] +14] 2,036] 1,883] 1,591] 1,800] 413.1] 5,10] 4,934
Household audio and
video equipment .... . 996] 1,027] 1,034] -30] -07 949] 9i8| 342] 1,002] -53} 2,709) 2,723
Communications equipment 4,125 | 3,938] 3,762] +4.7] +47 4481} 3,796] 3,210] 4,000] +120 | 11.487 | 10,553
Electronic components 6,026 | 6,000] 3,613] +04] +69 6.267| 6.114] 5,184] 5,486 | +142 | 17,565 | 15,720
Transportation equipment . 36,588 | 36.218 | 35,303] 41.0] +26 38,748 | 36,567 | 30,167 | 34,928] +10.9 | 105,482 | 93,577
Motor vehicles and parts . 24:130 | 23,936 | 23,204] +08] +32 25,387 | 24,826 | 20,720 | 20,375 | +24.6 | 70,933 | 55,965
Aircraft, missiles,
space vehicles, and parts. 9,888 | 9,627] 9,755] 42.7] -13] -79| 10,625] 9,123] 7,471 | 11,865} -10.5 | 27,219 | 30,830
Shipbuilding and tanks oo} iia] 1077) 21] +34] 22] 1,130] 1099] saz} 1251] -9.7] 3,071 | 3,204
Instruments and related products .... | 10,285 | 10,283] 10,159] 0.0] +12} -29] 10,889] 9,900} 9,045} 11,002] -1.0 | 29,834 | 29,922
Search and navigation equipment 2638 | 2.739| 2699] -3.7] +15] +47] 2.812] 2535] 2,192] 3037] -74] 7,539] 7,920
Measuring and controlling devices .| 2,716] 2,758] 2,567] -1.5| +74] -48] 2,922] 2,707] 2,423] 2,918] +0.1 | 8,052 | 8,004
Medical instruments and supplies 2926} 2797| 2842| +46] -16| -78) 3,110] 2804] 2,701] 3,033] +25] 8615] 8535
Photographic goods 1,665} 1,628] 1,662] +23] -2.0 491] 1396] 1641] +29] 4575] 4,470
All other durable goods 14,980 | 15,124] 14357] -10] +53 14'849 | 12,535 | 13,827] +108] 42,706 | 38,422
Nondurable goods industries 124,279 |123,162 122,556 | +09] +05 125,693 | 120,219 | 112,865 }119,188 | +5.5 | 358,777 | 339,450
With unfilled orders 28,808 | 28,945 | 29,045] -05} -03 29,092 | 28,637 | 26,952 | 28,718] +13] 84,681 | 82,640
Food and kindred products. 33,886 | 33,473 | 33.580] +12] -03 34,632 | 32,848 | 30,961 | 33,158] +44] 98,441 | 94,254
Meat products 7,786 | 7,715] 7.948] +09] -29 7,833 | 7.470] 7,356] 7.252] +80] 22,659 | 21,019
Dairy products 4383 | 4349] 4214] +08] +32 4431 | 418s | 3,937) 4343] +20 | 12,556 | 12,275
Beverages .... 4,642 4,677 4,732 0.7 12 4,577 4,230 4,065 4,784 43 12,872 12,831
All other foods, except fats and oils | 15224] 14,809| 14.941] +28] -09 15.940 | 15,037] 13,858] 15,158] +5.2| 44,835 | 42,940
Tobacco products ........ 3,009 | 2,760] 3,041] +90] -9.2 3/563 | 2,097] 1,979] 3,241] +99] 7,639] 6,988
Textile mill products . 5982] 6.165} 6316] -30] -24 6120} 5956] 5,443] 6264] -23 | 17,519] 17,154
Broadwoven fabrics and
other textiles . Le 3,809] 3,910] 4047] -26] -34] +7.7| 3,923] 3.815] 3,547] 4014] -23] 11,285} 11,047
Paper and allied products 10307 | 10,285] 10,410] +02] -12] -2.8] 10,478] 10,293} 10,086] 10,615] -1.3. | 30,857 | 31,075
Pulp, paper, and
paperboard mill products ......| 4,282] 4307] 4,378] -0.6| -1.6] -11] 4351] 4357] 4,255] 4,554] 4.5 | 12,963 | 13,265
Paperboard containers and boxes ..| 2-461] 2.448] 2.420] +05| +12] -3.7] 2.495] 2420] 2,349] 2,505] -04] 7,264) 7,334
Miscellaneous converted
paper products............. 3,564] 3,530] 3,612] +10] -23] -4.1] 3,632] 3,516] 3,482] 3,556] +21 | 10,630 | 10,476
Chemicals and allied products 26108 | 25.713 | 25218| +15] +20] -1.7] 27,206 | 25,669 | 24,207 | 25,282] +7.6 | 77,082 | 72,620
Industrial chemicals. . 13.449 | 13.421 | 13.091] +02] +25] +11] 13839] 13,641 | 12,420] 12,971] +67 | 39,900 | 37,316
Drugs, soaps, and toiletries 9,742 9,381 9,369 | +38 +0.1 +72) 10,054 9,302 9,293 8,907 +129 28,649 26,726
Petroleum and coal products . . 13,853 | 13,655 | 13,006] +15] +50] -1.0] 12561 | 12.270] 12,048] 11,690] +7.5 | 36,879 | 33,986
Rubber and plastics products 9036] 9.159] 9.035] -11] +14] +10] 91284] 9,162] 8332] 9,288] 0.0} 26,778 | 26,518
All other nondurable goods 221078 | 21.952 | 21950] +06] 0.0] +04| 21,849] 21.924] 19,809] 19,650] +112] 63,582 | 56,855

” Preliminary. ‘ Revised.

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