Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Feb. Jan. Dec.} Jan-| Dec] Nov.- Feb. Jan. Dec. Feb. Feb.
2000" 2000" 1999] Feb.} Jan} Dec} 2000} 2000" 1999 1999] 00/99
All manufacturing industries... . 476,052] 472,706} 470,377] +0.7] +05] 40.1} 478,780} 470,443] 460,048] 466,680} +2.
Manufacturing industries
with unfilled orders ........... 314,769] 312,230] 310668] +08] —+0.5 0.0] 315,497} 309,063] 301,638] 311,232] +14
without defense capital goods . 456,499] 453,034] 451145] 40.8] +04 0.0} 459,247] 450,992] 441.436] 447,999] 42.5
Durable goods industries... 298,974 | 296,566] 295,034] +08]  +0.5 0.0] 300,915] 294,560} 287,124] 295,766]  +1.7
With unfilled orders 273,416] 271,094} 269,759] +09] +05 0.0] 274,390] 268,545] 262,050] 270,750] +13
Stone, clay, and glass products 10,063] 10,020) 9,888) +04) +13] +0.7) 10326] 10,088 9,682 9,499] 48.7
Primary metals <.. . : 24,637| 24,647] 24,255 00) +16] +407] 24,751] 24,839} 24:445| 24.258] 42.0
Blast furnaces, steel mills. 11,671) 11,629] 11,507] +04] +11} = 40.8] 11693] 11,839] 11-792] 11.779 07
Iron and steel foundries . . 1,593, 1,597 1,617 -03 “12 0.2 1,624 1,586 1,580 1,652 “17
Nonferrous and other primary
metals........... venee 11373] 11421] 11,131 04] 426] +07} 11,434] 11,414] 11,073] 10,827] $5.6
Fabricated metal products . 31,892] 31,669} 31,401} +07] +09} +01} 31,933] 31,468] 30.846] 30,909] 43.3
Industrial machinery and equipment 60,925] 60,693} 60,406 +0.4 +05 0.1] 62,009] 60,294} 58,283} 61,627 +0.6
Engines and turbines 4,633 4,603 4,615 +0.7 03 -0.7 4,625 4,409 4,228 4,127] +121
Farm and garden machinery .... . 3,836] 3,848] 3.847] 03 00; 4361 4320! 4269] 408s! 4176] 43.4
Construction, mining and
material handling equipment .... 8,962 8,911 8,951 +0.6 0.4 +0.4 9,135 8,936 8,765 9,256 3
Metalworking machinery + 8127} 8,059] 8,023} +08] +04 0.0; 8,046] 7.814f — 7,509 7,867} +23
‘Computer and office equipment . . . 8,537 8,675 8,857 -1.6 21 03 8,725 8,331 8,179 9,372 69
Electronic and other
electrical equipment ........ 44,193] 43,612] 43,611 4H13 0.0 +22) 44,262] 42,970] 42,063 40,123] +103
Electrical transmission and
distribution equipment and
industrial apparatus . 5,403 5,434 5,393 06] +08] +04] 5,512 5,482 5.315 5.455] +1.0
Household appliances 2,528] 2,523] 2,502} 40.2} «+08 «942.71 = 2630] 2.477 2,260] 2486] +58
Electric lighting and
wiring equipment ............ 3,898] 3,804) 3,768] +25] +10] +04] 3,885] 3,698 3,568 3441] +129
Household audio and
video equipment .... . 1,083 1,094 1,143 +10 43) +18 1,050 1,057 1,077 988| +63
Communications equipment | 11848} 11,651] 12,108] 41.7 38] 43.8] 11,704] 11,383] 11,638 9715] +205
Electronic components 15,558] 15,310] 14,935] +16] +25] +21] 15,623] 15163] 14,603] 14401] 48.5
Transportation equipment . 70111} 69,071} 69,069} +1.5 0.0{  -1.9] 70,277] 68,357] 66,729] 74,203 53
Motor vehicles and parts . 18,204} 17,992] 17,982] +1.2]  +0.1) 40.4) += 18,248] 17,899] 17,506] 17.026] +72
Aircraft, missiles,
space vehicles, and parts. . 45,600] 44,787] 45,173] +1.8 0.9 21] 45,694] 44,184] 43,469] 51,217] -108
Shipbuilding and tanks .... . 2,443 2,403 2,373 +17 +13 +42 2,457 2,416 2,350 1,907] +28.8
Instruments and related products . 27,378} 27,282] 27,180) +04] 40.4) 40.4] 27,222] + 26.716] 26.267] 26,604] +23
Search and navigation equipment 6,794 6917 6,896 18 +03 13 6,710 6,747 6,660 6,661 +0.7
Measuring and controlling devices . 8337] 8,182} 8.232] +1.9 0.6] +08} 8317] 8,038] 8,012 7,969] +44
Medical instruments and Supplies 9150] 9,095] 8,987] 40.6) 422] +17] = 9107] 8,973 8,725 8567] +63
Photographic goods .. . 2,376 2,362 2,346 +0.6 +07 0.0 2,372 2,244 2,160 2,661 10.9
All other durable goods . . . . 29,775 | 29,572] 29,224 40.7 +12 40.6] 30,135] 29,828] 28,809] 28,543 $5.6
Nondurable goods industries . 177,078] 176,140] 175,343] +05] +05} +03} 177,865] 175,883] 172,924] 170,914] +41
With unfilled orders . . 41,353] 41,136) 40,909] +0.5]  +0.6 + +0.1) + 41,107] 40,518] 39588] 40482] 9 +15
Food and kindred products . 39,138] 39,021] 39,033] +03 0.0] +06) 39,368) 39,436] 39,250] 37,974] -+3.7
Meat products . . 4426| 4,458] 4,468 0.7 -02 03| 4527 4,403 4216| 4,268] +61
Dairy products 3,976] 3,828] 3,834) 43.9 -02 -12| 3973 3,776 3,575 3,910] +16
Beverages . . . : : 8,826 8872] 8,989 05 -13] 434] 8.858] 8.877 8,903 8,602] +3.0
All other foods, except fats and oils 20,299} 20,254] 20,133) +02] 406] +01} 20313] 20,694] 20,918] 19.258] +55
Tobacco products .. . : 5,288] 5,163 S101] +24] +12] +05 3,745 5,659 5,493 5.947 34
Textile mill products... . 10,173] 10,131 10,163 +0.4 03 +0.6] 10,288] 10,109 9,756] 10,129 +16
Broadwoven fabrics and
other textiles 6,090] 6,076] 6,136] +0.2 10] +04] 6,186} 6,121 5,954 6,343 25
Paper and allied products . 16,535] 16,381] 16,068] +09] +1.9 04} 16,671] 16,429] 15,955] 16,197] +2.9
Pulp, paper, and
paperboard mill products ...... 6,388 6,378 6,328 +02 +0.8 +10 6,500 6,443 6,298 6,700 3.0
Paperboard containers and boxes . . 4370| 4,336] 4,164] 40.8] 44.1 “A7| 4,406 4,352] 4.173 3,975] +10.8
Miscellaneous converted
Paper products ........ 5,777| 5,667 5,576] +19] +16 “1.0 5,765 5,634 5,484 5522) +44
Chemicals and allied Products 47,755 | 47,626] 47,603 40.3 0.0 +04} 48,276] 47,440] 47,055] 46,841 43.1
Industrial chemicals... . 19,495} 19,417] 19,480] +04 -03 0.2] 19,739] 19,591} 19,673] 19,554] 40.9
Drugs, soaps, and toiletries . 22,366 | 22,279) 22,172] +04] = +05] +10] 22,247] 21,619] 21,432] 21045} 45.7
Petroleum and coal products 13,000] 12,805} 12,247 +15 +4.6 +06) 12,651 12,489] 11,741 9,724] +30.1
Rubber and plastics products . 17,790} 17,581] 17,589) +12 0.0 -1.0) 18,169] 17,746] 17.456] 17,095] +63
Alll other nondurable goods . 27,399} 27,432] 27,539 0.1 04] +05] 26,697] 26.575} 26.218] 27,007 “ld

* Preliminary. ‘ Revised.

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


10

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

380 380
New Orders
360 F-| Shipments | - - - - ~~ ------------------ 5 a= - - - - 1 360
340 F- - ---- > - ee ee ee ee ee 4 340
0 320
300 fF --------- +e ee ree eee eee eee eee eee eee ed 300
280 1 L 1 1. 1 1 L L L i 1 1 1, 280
Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1998 - Feb. 2000
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

1/S Ratios UO/S Ratios
2.5 3.7
2.4 3.6
2.3 3.5
2.2 3.4
2.1 3.3

2 3.2
1.9 3.1
1.8 3
1.7 2.9
1.6 2.8
1.5 2.7
1.4 2.6
1.3 2.5
1.2 1 L i L 1 1 in 1 1 i. 1 L i 2.4

Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1998 - Feb. 2000

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
Feb. Jan. Dec. | Jan- | Dec | Nov- Feb. Jan Dec. Feb. | Feb.
2000? | 20007 1999 | Feb, Jan. | Dec. | 2000? | 2000" 1999 1999 } 00/99
UNFILLED ORDERS
All manufacturing industries 545,740 | 542,619 | 538,217 +0.6 40.8 +2.2 | 550,324 | 547,177 | 532,691 | 529,549 43.9
Market categories :
Automotive equipment .. .. 2,477 | 2,491 2,527 06} -l4] +18} 2,572 | 2574 | 2,486 | 2,621 19
Home goods and apparel 9,450 9,436 9,260 40.1 +19 -0.8 9,579 9,346 8,608 9,079 45.5
Consumer staples... .. o 3,233 3,014 3,100 +73 28 415 2,920 2,919 3,066 2,196 | +33.0
Machinery and equipment . . 245,234 | 244,870 | 240,198 +0.1 +19 42.5 | 246,139 | 245,246 | 239,191 | 246,179 0.0
Business supplies ............. 7,420 7,292 7,444 +18 2.0 +0.9 7,097 74 7,196 6,686 +6.1
Construction materials
and supplies 18,070 | 18,057 | 17,650} +01 | 423 | +02] 18,125 | 18,014 | 17,368 | 17,763 42.0
Defense products 90,020 | 89,210 | 88997) +09) +02] +24] 91.351 | 90,866 | 89,083 | 91,758 04
Other materials, supplies and
and intermediate products... .. 169,836 | 168,249 | 169,041 | +09] -05 | +22 | 172,541 | 171,098 | 165,693 | 153,267] +126
Durable goods industries :
Nondefense capital goods >. . . 261,920 | 261,508 | 257,025 +0.2 +17 +2.4 | 263,076 | 262,251 | 256,595 | 262,839 +0.1
Excluding aircraft and parts 119,441 | 118,786 | 115,648 +0.6 42.7 42.7 | 120,597 | 119,529 | 115,218 | 110,165 49.5
Defense capital goods‘ ...... 95,110 | 94,345 | 93,786 40.8 40.6 42.6 | 96,529 | 96,018 | 93,640 | 96,664 0.1
Durables excluding capital goods 162,730 | 161,222 | 161,724 +0.9 03 42.1 | 165,535 | 164,081 | 157,544 | 146,702 412.8
Miscellaneous series :
Producers’ durable equipment . 283,691 | 283,273 | 278,287 | +01 | +18 | +22 | 285,621 | 284,534 | 276,526 | 286,645 -0.4
Household durable goods . . : 5,922 5,887 5, +0.6 40.5 +16 611L 5,988 446 700 +72
Information technology industries . | 45,424 | 45,614 | 45,011 04] +13 | +480] 45,327 | 45,325 | 44,847 | 40,268 | +126
Health care equipment
and products .............., 10,432 | 10,435 | 10,058 00) +37] +423 | 10,710 | 10,795 | 10,076 9,954 47.6
TOTAL INVENTORIES
All manufacturing industries 476,052 | 472,706 | 470,377 40.7 +0.5 +0.1 | 478,780 | 470,443 | 460,048 | 466,680 42.6
Market categorie:
Automotive equipment . . . 9,003 3,886 | 8829 | +13] +06 -13 | 9,045 8,769 8411 8,570 +55
Home goods and apparel 31,862 | 31,835 | 31,861 +0.1 -0.1 +0.6 | 31,736 | 31,521 | 30,522 } 31,434 +10
Consumer staples : 77,608 | 77,086 | 76,594 | +07] +06] +0.7 | 77,839 | 76948 | 75,925 | 73,478 45.9
Machinery and equipment . 116,124 | 114,800 | 115,566 | +12] 0.7 -13 | 117,086 | 113,361 | 111,057 | 119,200 “18
Business supplies . 28,931 | 28,667 | 28,412 +09 +09 04 | 28,724 | 28,175 | 27,461 | 27,779 43.4
Construction materials
and supplies 31,131 | 30,875 | 30,556] +08] +10] +09] 31,489 | 30,888 | 29,968 | 29,050 484
Defense products . 19,043 19,091 18,718 03 42.0 43.1 18,984 | 18,923 | 18,171 18,267 43.9
Other materials, supplies and
and intermediate products ..... . 162,350 | 161,466 } 159,841 +05 | +10 | +04 | 163,877 | 161,858 } 158,533 | 158,902 43.1
Durable goods industries :
Nondefense capital goods *...... 106,481 | 105,326 | 106,269 +11 -1.7 | 107,066 } 103,715 | 101,952 | 110,960 35
Excluding aircraft and parts . . 73,858 | 73,588 | 73,749 +04 0.2 | 74,345 72,423 | 70,626 | 72,161 43.0
Defense capital goods * 19,553 | 19,672 | 19,232 -0.6 43.7 | 19,533 | 19,451 18,612 | 18,681 +4.6
Durables excluding capital goods 172,940 } 171,568 | 169,533 +08 +0.7 | 174,316 | 171,394 | 166,560 | 166,125 +49
Miscellaneous series :
Producers’ durable equipment . 191,987 | 189,806 | 190,196 | +1.1 -0.2 -0.7 | 193,070 } 187,860 | 184,005 } 191,541 +0.8
Household durable goods .. . 16,702 | 16,655 | 16,597} +03] +03 | +06] 16,777] 16,588 | 15,894 | 16,352 +26
Information technology industries 33,950 | 33,760 | 34,429 +0.6 1D +13 | 33,935 | 32,821 32,727 32,276 +51
Health care equipment
and products ........ 21,257 | 21,154 | 20990] +05 | +08] +13 | 21,153 | 20,683 | 20,332 | 19,961 +6.0

See footnotes at end of table 5.

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


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS

FOR TOPICAL SERIES'
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted ?
Monthly Percent Change Monthly Percent Year to date
Industry change
Feb. Jan.| Dec. | Jan] Dec-] Nov.-| _Feb.] _Jan.}  Dec.]  Feb.} Feb.
2000°| 2000'] 1999] Feb.] Jan.| Dec.} 2000°] 2000'] 1999] 1999] 00/09 | 000°} 1999
SHIPMENTS
All manufacturing industries... .. 368,910] 370,565] 367,872] 0.4] +0.7] +0.8) 364,533] 333,352) 365,926] 341,000] +6.9| 697,885] 648,582
Market categories :
Automotive equipment . 16,254] 17,000] 16,900] 4.4] +0.6f +3. 17,418] 15,803] 14,907] 17,256] +0.9| 33,221] 31,591
Home goods and apparel 20,809) 20,857] 20,653] -0.2]. +1.0)  +2.1} 20,894) 17,908] 18,537] 19,763 +5.7| 38,802} 36,536
Consumer staples... . . 78,402) 77,046] 76,912) +18] +02| -0.11 75,144) 71,629 77,026) 67.997] +10.5] 146,773] 133,373
Machinery and equipment . 69,467]. 71,852] 69,839] 3} +29} +2.5] 67,313} 60,337] 77,493) 64,180] +4.9] 127,650} 119,473
Business supplies . 27,678) 27,398] 27,732] +1.0] -1.2| +0.8} 26,994] 24,954] 27,595] 25,461] +6.0] 51,948] 49,113,
Construction materials
and supplies. . . 23,630} 23,718] 23,601] -0.4] +0.5) -0.2) 22,632) 20,633) 21,833} 21,548] +5.0| 43,265] 40,770
Defense products ........ 6.276] 6,496] 6,743) -3.4] -3.71 -9.7] 6,280) 5,3 7,598} 7,001] -10.3) 11,644] 12,764
Other materials, supplies and
and intermediate products .. . . . 126,394] 126,198] 125,492) +0.2| +0.6] +0.8| 127,858] 116,724] 120,937} 117,794] +85] 244,582] 224,962
Durable goods industries :
Nondefense capital goods. . . 56,899} 58,867] 56,587] -3.3] +4.0) +24] 53,798] 47,981] 66,365] 50,014] +7.6| 101,779] 93,026
Excluding aircraft and parts ....| 49,566] 51,134) 48,304] -3.1]  +5.9]  +0.8) 46,814] 41,508] 55,997] 41,929] +117] 88,322] 77,833
Defense capital goods‘ ....... 5,993) 6,253] 6,521] -4.2| -4.11 8.9} 5,943] 5,069] 7,530] 6,754} -12.0| 11,012] 12,248
Durables excluding capital good 142,642] 144,322] 143,372) 1.2] +0.7} +0.9) 145,010] 131,277] 135,324] 138,151]  +5.0] 276,287] 260,093
Miscellaneous series :
Producers’ durable equipment . . 132,499] 136,609] 134,223) +1.8]  +1.7] 132,338] 119,137] 137,780] 127,867] +3.5] 251,475] 238,241
Household durable goods . . -| 11,074) 11,117] 10,868} +23] +0.9{ 10,990] 9,460] 10,493] 10,162] +81] 20,450] 18,627
Information technology industries .| 29,570} 29,857] 27,473 48.7] -2.1) 27,169] 23,464] 34,580] 23,214] +17.0) 50,633] 43,340
Health care equipment
and products . 13,470] 13,234] 13,259] +1.8)  -0.2)-1.3| 12,898] 12,226] 14,173] 12,146] +62] 25,124] 23,493
NEW ORDERS
All manufacturing industries... . . 372,031) 374,967] 379,485] -0.8] -1.2| +3.8} 367,680] 347,838] 376,534] 339,552) +83] 715,518] 665,145
Market categories :
Automotive equipment 16,240] 16,964] 16,945] -4.3] +0.1]  +3.7} 17,416] 15,892 14,994] 17,200] +1.3) 33,308] 31,807
Home goods and apparel 20,822) 21,033] 20,576} -1.0) +2.2) +1.6] 21,127] 18,646] 18,078] 20,139] +4.9) 39,773] 37,304
Consumer staples . . 78,621] 76,961} 76,958] +22] 0.0) -0.2). 75,144) 71,483) 77,094] 67,713] +11.0] 146,627] 133,307
Machinery and equipment . 69,831] 76,524] 75,620] -8.7] +1.) +12.0} 68,206] 66,392] 82,621} 64,574] +5.6] 134,598] 125,081
Business supplies vee 27,806] 27,247} 27,796] +2.1] -2.0] +0.8| 26.976] 24,873) 27,576] 25,250] +68] 51,849] 49,278
Construction mate
and supplies . 23,642) 24,125] 23,643] -2.0] +2.0]  +0.3] 22,743] 21,279] 21,905] 21,798] +4.3] 44,022] 41,292
Defense products... .. . - 7,086} 6,709] 8,848] +5.6| -24.2) +37.2} 6,765] 7,147] 11,471] 4,886] +385] 13,912] 13,606
Other materials, supplies and
and intermediate products ...... | 127,983] 125,404] 129,099] 42.1] -2.9]  +1.9} 129,303] 122,126| 122,795] 117,992]  +9.6] 251,429] 233,470
Durable goods industries :
Nondefense capital goods’... . 57,311] 63,350] 62,639] -9.5] +1.) +15.2} 54,623] 53,637] 71,776] 50,791] +7.5] 108,260] 98,783
Excluding aircraft and parts 50,221] 54,272] 51,294] -7.5]  +5.8] +5.4] 47,882] 45,819] 58,346] 43,539) +10.0] 93,701] 81,421
Defense capital goods ‘ 6,758} 6,812] 8,863} -0.8) -23.1] +45.5] 6,454) 7,447) 11,667] 4,655] +38.6] 13,901] 13,199
Durables excluding capital gi 144,150] 143,820] 146,665] +0.2|  -1.9]  +1.6| 146,464] 137,814] 136,642] 138,078]  +6.1] 284,278] 269,550
Miscellaneous series :
Producers’ durable equipment 132,917] 141,595] 140,099} -6.1 1] +6.8) 133,425] 127,145] 142,663] 127,342| +48) 260,570] 245,382
Household durable goods .......] 11,109] 11,148] 10,958) -0.3| +1.7]| +1.8} 11,113] 10,002] 10,252} 10,311] +7.8| 21,115] 19,166
Information technology industries . | 29,380} 30,460] 30,810] -3.5] -1.1] +7.8) 27,171] 23,942] 37,639] 24,249] +12.0) 51,113] 44,492
Health care equipment
and products ............... 13,467] 13,611] 13,481] 1.1) +1.0) -0.4) 12,813) 12,946] 14,386] 12,044] +6.4] 25,759] 23,822

° Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories.

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

> Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mini

and mat

handling equipment; metalworking machinery; special industry machinery, general industrial machinery; computer and office equipment, refrigeration, heating and se
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and en,
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, |

and tank components; and search and navigation equipment.

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Feb. Jan. Dec, Nov. Feb. Jan. Dee. Nov.
2000" 2000" 1999 1999 2000" 2000" 1999 1999
All manufacturing industries... . 1.29 1.28 1.28 1.29 2.62 2.87 2.87 2.54
Durable goods industries .......... 14s 142 1.43 144 3.06 2.99 3.01 297
Stone, clay, and glass products... . 113 113 nel 1.09 0.76 0.76 0.74 0.73
Primary metals -... 0... 1.55 153 154 1.55 1.99 1,98 2.02 2.08
Fabricated metal products sees 137 1.53 154 131 131 129 131 127
Industrial machinery and equipment. 153 1.47 1.56 135 222 2.10 221 218
Electronic and other
electrical equipment 117 11s 1.20 1.20 2.29 2.23 2.36 2.25
Transportation equipment cee 150 142 1.38 146 9.43 on 8.39 8.58
Instruments and related products | - 187 1.86 1.79 181 3.20 321 3.06 3.05
Nondurable goods industries 1.08 1.09 1.09 1.09 0.67 0.66 0.66 0.67
Food and kindred products... |. 0.93 0.94 0.93 0.92 (Xx) (X) (x) (x)
Tobacco products ......... : 123 120 118 113 &) (x) (X) &)
Textile mill products... . . : 154 157 154 154 (NA) (NA) (NA) (NA)
Paper and allied products... 2... 116 1.16 112 113 (NA) (NA) (NA) (NA)
Chemicals and allied products. . . 131 134 134 132 (X) (X) (x) fe)
Petroleum and coal products... . . 0.69 0.70 0.70 0.73 &) (X) ) (X)
Rubber and plastics products ||| | 1.24 1.23 122 1:24 (x) () (x) (&)

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

jExtludes the following industries with no unfilled orders : Wood and lumber products; glass containers; metal cans, barrels and drums; farm and garden machine,
motor vehicle assembly operations; other transportation equipment, foods and related products; tobacco; knitting mill products, apparel and related products; chemica
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
Feb Feb. Feb. Feb
Feb? | 1999- Feb? | 1999- Feb? | 1999- 1999.
Feb! | 1995- Jan. | Feb. | 1995- Jan. | Feb.' | 1995- Jan. | Feb.! Jan.
2000 | 1999 | 2000] 2000] 1999 | 2000] 2000{ 1999] 2000] 2000] 1999] 2000
All manufacturing industries... x) 0.2 01 (X) 02 03 (x) 02 01 (X) 01 0.0
Durable goods industries .......... -0.1 03 0.2 04 04 04 0.0 02 01 (e9) 0.1 0.0
Stone, clay, and glass products .. . . (x) 07 03 (X) 1.0 03 (X) 06 04 (X) 0.2 03
Primary metals .......... eee 0.2 02 03 0.2 04 09 0.1 02 0.4 (X) 0.0 01
Fabricated metal products... (x) 02 02 (x) 04 04 (es) 02 03 (x) 0.1 Ol
Industrial machinery and equipment | 9 03 04 0.2 03 04 04 Oo. 0.1 (x) 0.0 01
Electronic and other

electrical equipment .........., o. Os 04 01 06 14 00 04 07 (X) 01 02
Transportation equipment . ves 0.0 0.7 0s 0.2 1s 12 “0.1 0.2 02 (X) 03 Ol
Instruments and related products . . - (x) 04 08 (X) 08 10 () 03 03 &) on 01
Nondurable goods industries ........ (x) 1 ol & 0. 01 (x) 0.2 02 (e-9) 01 0.
Food and kindred products... .. (x) Ol 02 (x) (X) (es) (xX) (es) (x) (xX) 0.2 Ol
Tobacco products .......... & 00 0.0 (x x (X) (x) (x) X (X) 0.0 0.0
Textile mill products wae (xX) 03 04 (x) (NA) (NA) (X) (NA) (NA) (X) O01 0.1
Paper and allied products... || | (x) 03 02 (x) | ova) | (NA) (X) | @NA)] (NA) (x) 04 0.0
Chemicals and allied products... . (xX) 01 02 (X) (X) (X) (X) (X) (X) (X) 0.1 On
Petroleum and coal products : (X) 02 05 (X) (X) (X) (X) (X) (X) (X) 03 0s
Rubber and plastics products . (xX) 03 02 (xX) (X) (X) (X) (X) (X) (X) 02 0.3

Capital goods industries :
Nondefense nePee -0.2 03 02 0.1 09 06 O4 02 01 (X) 02 01
Defense... 2... 03 04 08 -02 69 3.0 0.0 05 03 (x) ol 02

(X) Not applicable. (NA) Not available.

Note : “The five year and the twelve month revisions are the differences between the month-to-month percent changes of the preliminary and final estimates, ‘Th
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 th
durable goods industries are shown in the advance report for the month.

' The current month revisions are the difference between the advance percent change and the percent change as shown in this publication
? Average for this month for the last five years.
See note at end of table 2 relating to survev error and revicion


CURRENT INDUSTRIAL REPORTS

ce
N97

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

Manufacturers’ Shipments,
Inventories, and Orders

February 2000
3-1-(00)-02

For Wire Transmissions 10:00 a.m. E.S.T. March 31, 2000

For Data - (301) 457-4673
For Questions - Lee Wentela or Derrick Roy
(301) 457-4832 or (301) 457-4814

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in February decreased
$2.9 billion or 0.8 percent to $372.0 billion, the Department of
Commerce, Bureau of the Census reported today. is follows
a 1.2 percent January decrease. Excluding transportation, new
orders increased 0.5 percent. Year to date, new orders are 7.9
percent above the same period a year ago.

Shipments decreased $1.7 billion or 0.4 percent to $368.9
billion, following a 0.7 percent January increase. This is the first
decrease since September 1999. Year to date, shipments are 7.9
percent above the same period a year ago.

Unfilled orders increased $3.1 billion or 0.6 percent to
$545.7 billion, following a 0.8 percent January increase. This is
the eighth consecutive increase. The unfilled orders-to-shipments
ratio was 2.62, up from 2.57 in January.

Inventories increased $3.3 billion or 0.7 percent to $476.1
billion, following a 0.5 percent January increase. This is the
sixth consecutive increase. The inventories-to-shipments ratio
was 1.29, up from 1.28 in January.

New Orders

New orders for manufactured durable goods in February
decreased $5.8 billion or 2.7 percent to $208.2 billion, revised
from the previously published 2.3 percent decrease. This is
the largest decrease since February 1999.

Transportation equipment, led by aircraft and parts, had
the largest decrease, $4.6 billion or 8.9 percent to $46.9
billion. This is the largest decrease since April 1999.
Industrial machinery and equipment decreased $2.1 billion or
4.8 percent to $40.9 billion. This is the largest decrease since
October 1998. Instruments and related products decreased
$0.8 billion or 5.5 percent to $14.5 billion. This is the largest
decrease since August 1997. Electronic and other electrical

‘ipment, up seven of the last nine months, increased $2.4
billion or 6.5 percent to $39.8 billion.

New orders for nondurable goods, up eight of the last
ten months, increased $2.8 billion or 1.8 percent to $163.8
billion. This is the largest increase since April 1996.
Chemicals and allied products had the largest increase.

Shipments

Shipments of durable goods in February decreased $3.9
billion or 1.9 percent to $205.5 billion, revised from the
previously published 1.8 percent decrease. This is the first
decrease since September 1999.

Transportation equipment, led by motor vehicles and parts,
had the largest decrease, $1.9 billion or 4.0 percent to $46.7
billion. Industrial machinery and equipment decreased $1.5
billion or 3.7 percent to $39.8 billion. This is the largest
decrease since August 1987. Fabricated metal products
decreased $0.4 billion or 1.8 percent to $20.3 billion.

Shipments of nondurable goods increased $2.3 billion or
1.4 percent to $163.4 billion. This is the ninth increase in the
last ten months. Chemicals and allied products had the largest
increase, $0.9 billion or 2.5 percent to $36.5 billion. This is
the ninth increase in the last ten months and the largest since
fune .

Unfilled Orders

Unfilled orders for durable goods in February increased
$2.7 billion or 0.5 percent to $519.8 billion, unrevised from
the previously published 0.5 percent increase. This is the
eighth consecutive increase. Electronic and other electrical
equipment had the largest increase, $1.9 billion or 2.2 percent
to $86.7 billion, mostly due to electronic components. This
is the fourteenth increase in the last fifteenth months.
Industrial machinery and equipment, up eight consecutive
months, increased $1.1 billion or 1.3 percent to $84.0 billion.
Primary metals, down four consecutive months, decreased
$0.3 billion or 0.8 percent to $31.6 billion.

Inventories

____ Inventories of durable goods in February increased $2.4
billion or 0.8 percent to $299.0 billion. This is the sixth
consecutive increase and the largest since April 1998.

Transportation equipment, led by aircraft and parts, had
the largest increase, $1.0 billion or 1.5 percent to $70.1
billion. This is the largest increase since October 1998.
Electronic and other electrical e juipment, up twelve of the last
thirteen months, increased $0.6 billion or 1.3 percent to $44.2

illion.

Inventories of nondurable goods, up eleven of the last
twelve months, increased $0.9 billion or 0.5 percent to $177.1
billion. All nondurable major groups increased, except
apparel and related products and leather and leather products.

By stage of fabrication, Febru: finished goods
increased 0.5 percent in durables and 0.6 percent in
nondurables. ork in process increased 0.7 percent in
durables and 1.2 percent in nondurables. Materials and
supplies increased 1.3 percent in durables and 0.2 percent in
nondurables.

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

‘The advance report on durable goods for March is scheduled for April 26, 2000 at 8:30 m. and the full report on May 3, 2000 at 10:00.a.m, For sale by the Superiniendentof Documents,
U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through the Department of Commerce's online Economic Bulletin Board (N-8-1)

(202-482-3870).


Nondefense Capital Goods 1
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
62 62

New Orders

Shipments

57

42 L i it 1 il 1 i it L L 1 L i 42
Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb

Feb. 1998 - Feb. 2000

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
10 10

New Orders
9 —

Shipments

Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1998 - Feb. 2000

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’

BY INDUSTRY GROUP
(Millions of dollars)

INVENTORIES, BY STAGE OF FABRICATION,

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Feb. Jan, Dec. | Jan. | Dec- | Nov. Feb. Jan, Dec. Feb. | Feb.
2000° | 2000" 1999 | Feb. Jan. | Dec. | 2000? | 2000" 1999 1999 | 00/99
MATERIALS AND SUPPLIES
All manufacturing industries 159,044 | 157,741 158,082 +08 0.2 +1.2 | 159,607 | 158,772 | 157,994 | 154,371 434
Durable goods industries oe 96,305 95,108 95,780 +13 0.7 +14 96,411 95,626 95,520 92,448 44.3
Stone, clay, and glass products ee 3,421 3,355 312 +2.0 +13 +15 3,431 3,367 3,336 3,134 $9.5
Primary metals .... vee 7,847 7,796 7,701 +07 +12 42.0 7,769 7,921 8,050 7,497 +3.6
Fabricated metal products . 10,923 10,797 10,775 +12 +02 40.9 10,896 10,859 10,913 10,406 +47
Industrial machinery and equipment 20,129 19,859 20,823 +14 46 +09 2 19,675 20,426 20,089 +0.6
Electronic and other
electrical equipment . 18,181 17,715 17,554 +2.6 40.9 43.4 18,169 17,684 17,274 15,534
Transportation ‘equipment : 15,474 15,497 15,201 0.1 +19 +01 15,509 15,666 14,965 15,648
Instruments and related products - 9,167 049 9,351 +13 32 +16 9,095 9,028 9,177 9,029
Lumber, furniture and
miscellaneous durable goods . 11,163 11,040 11,063 +h 0.2 +08 11,333 11,426 11,379 Vw
Nondurable goods industries . 62,739 62,633 62,302 +0.2 +0.5 +0.9 63,196 63,146 62,474 61,923
Food and kindred products . 11,539 11,586 11,707 04 10 42.6 11,643 11,810 11,795 11,441
Tobacco products .... 4,548 590 4,529 09 +13 +05 4,810 005 844 5,113
Textile mill products . 2,821 2,854 2,886 12 Ll 12 2, 2,853 2,842 2,906
Paper and allied products . . . 7,977 7,874 7,754 +13 +15 04 8,010 7,880 7,827 7,801
Chemicals and allied products + 15,882 15,858 15,825 +0.2 +0.2 +2.0 15,948 15,872 15,729 15,712
Petroleum and coal products 3,802 3,825 3,454 0.6 | +10.7 5.2 3,757 3,724 3,353 057
Rubber and plastics products... . 7,392 7,272 7,210 +17 +0.9 +05 7476 7,327 7,303 6,888
Apparel, printing and publishing
and leather goods ........... 8,778 8,774 8,937 0.0 18 +17 8,696 8,675 8,781 9,005
WORK IN PROCESS
All manufacturing industries 146,122 | 144,988 | 144,344 +08 +04 -1.3 | 146,142 | 143,053 | 139,810 | 148,767 18
Durable goods industries . . -+ | 415,093 | 114,331 113,607 +0.7 +0.6 1.6 | 115,257 ] 112,590 | 109,755 | 119,390 3.5
Stone, clay, and glass products . . 1,545 1,571 1,565 “17 +04 0.6 1,619 566 465 1,424 +13.7
Primary metals ........ . 8,443 8,507 8,323 -0.8 +22 +04 8,484 8,515 8,233 8,447 +04
Fabricated metal products . 9,327 9,168 8,970 +17 42.2 0.7 9,218 8,984 8,771 8,922 +33
Industrial machinery and ‘equipment 21,564 21,714 21,180 0.7 42.5 0.7 21,840 21,376 20, 146 22,861 4S
Electronic and other °
electrical equipment . 13,909 13,921 14,085 0.1 12 +0.6 13,884 13,623 13,522 13,782 +0.7
Transportation equipment . . 44,341 43,619 43,915 +17 0.7 3.0 44279 43,029 42,636 48,702 9.1
Instruments and related products . 10,101 10,048 9,868 40.5 +18 24 10,077 9,790 9,446 9,996 +08
Lumber, furniture and
miscellaneous durable goods 5,863 5,783 5,701 +14 +14 “LT 5,856 5,707 5,536 5,256 +114
Nondurable goods industries 31,029 30,657 30,737 +12 3 0.2 30,885 30,463 30,055 29,377 +5.1
Food and kindred products 322 6,257 6,264 +10 Bl 0.5 474 6,577 658 6,270 433
Tobacco products . . 126 123 123 +24 .0 17 130 132 12 1 +42.9
Textile mill products . 2,517 2,484 2,453 +13 3 0.4 2,528 2,491 2,374 2,516 +0.5
Paper and allied product 1,745 1,741 1,718 40.2 3 33 1,783 1,789 1,723 1,687 45.7
Chemicals and allied prod 8,700 8,647 8,878 +0.6 6 0.2 8,582 8,389 8,636 8,724 1.6
Petroleum and coal products 3,516 3,316 3,240 +6.0 3 +32 3,470 3,229 3,050 2,190 +584
Rubber and plastics products . . 2,208 2,183 2,258 +d 3 +11 2,236 2,205 2,225 2,263 12
‘Apparel, printing. an publishing”
and leather goods ......... 5,895 5,906 5,803 02 +18 1S 5,682 5,651 5,262 5,636 40.8
FINISHED GOODS
All manufacturing industries 170,886 | 169,977 | 167,951 +0.5 +12 +0.3 | 173,031 168,618 | 162,244 | 163,542 +58
Durable goods industries . . 87,576 87,127 85,647 +05 +17 +0.7 89,247 86,344 81,849 83,928 +63
Stone, clay, and glass producis wae 097 5,094 5,011 +0.1 +7 +0.5 5,271 5,15. 4,881 4,941 +6.8
Primary metals... oe 8,347 8,344 8,231 0.0 +14 03 8,498 8,403 8,162 8,314 42.2
Fabricated metal products © 11,642 11,704 11,656 -0.5 +04 01 11,819 11,625 11,162 11,581 +21
Industrial machinery and equipment 19,232 19,120 18,403 +0.6 $39 0.7 19,960 19,243 17,711 18,677 +69
Electronic and other
electrical equipment ... . 12,103 11,976 11,972 +11 0.0 42.5 12,209 11,663 11,267 10,807 +13.0
Transportation equipment . 10,296 9,955 9,95. 43.4 0.0 40.1 10,489 9,662 9,128 9,85. 46.5
Instruments and related products ; 8,110 185 7,961 09 42.8 +28 3,050 7,898 7,644 7,579 +6.2
Lumber, furniture and
miscellaneous durable goods . . . 12,749 12,749 12,460 0.0 +23 +16 12,946 12,695 11,894 12,176 +63
Nondurable goods industries . . 83,310 82,850 82,304 +0.6 +0.7 0.0 83,784 82,274 80,395 79,614 45.2
Food and kindred products 21,277 21,178 21,062 +0.5 +0.6 0.2 21,251 21,049 20,797 20,263 +49
Tobacco products ... 614 450 449 +36.4 +0.2 0.0 805 522 $22 743 +83
Textile mill products . 4,835 4,793 4,824 +0.9 -0.6 42.2 4,904 4,765, 4,540 4,707 +42
Paper and allied products . 6,813 6,766 6,596 +0.7 +2.6 +03 6,878 6,760 6,405 6,709 425
Chemicals and allied products 23,173 23,121 22,900 +0.2 +10 0.5 23,746 23,179 22,690 22,405 +6.0
Petroleum and coal products 5,682 5,664 5,553 +03 42.0 +3.0 5,424 53: 33: 4,477 4214.2
Rubber and plastics products 8,190 8,126 8,121 +0.8 +01 28 8,457 8,214 7,928 7,944 +65
Apparel, printing an publishing —
and leather goods ........ 12,726 12,752 12,799 02 04 40.7 12,319 12,249 12,175 12,366 04

? Preliminary. ‘ Revised.

See nate at end of table 7 relating to survey error and revisian


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
Feb. Jan. Dec.| Jan-| Dec] Nov. Feb. Jan. Dec. Feb.| Feb.
2000°} 2000" 1999] Feb. Jan.| Dec} 000°} 200° 1999 1999} 00/99
All manufacturing industries... . 545,740 | 542,619] 538,217] +06] +08] +22] 550,324] 547,177] 532,691| 529,549}  +3.9
Manufacturing industries
without defense capital goods .. . 450,630 | 448,274 | 444,431 +05 40.9] 42.1] 453,795] 451,159] 439,051} 432,885] +4.8
Durable goods industries ....... 519,760} 517,075} 512,535 +0.5 +09 +23] 525,140] 522,350] 507,779] 506,205 43.7
Stone, clay, and glass products 6497] 6,514] 6,330 03) +29 6,568] 6,569] 6,237] 6219] +56
Primary metals . . 31,625] 31,886] 31,912] -08 “0.1 32,868] 32,173] 34,121] 30,591} +74
Blast furnaces, s vee 13,121] 13,140] 13,084 0.1] +04 13,845] 13,332] 12,633] 12,003] +15.3
Iron and steel foundries. . 4743| 4,739) 4.739] 40.1 0.0 4876| 4,790 K $427) -10.2
Nonferrous and other primary
metals... .... sense 13,761] 14,007] 14,089) -1.8 -0.6 -17] 14,147] 14,051] 13,824] 13,161] +7.5
Fabricated metal products 25,129] 25,158} 25,204 01 0.2 +2.0| 25,224] 25,107] 24,748] 26,158 3.6
Industrial machinery and equipment. 83,998] 82,924} 81,298 413 42.0 0.0] 85,138] 83,843] 81,227] 76,463] = +113
Engines and turbines ......... 24,680] 24,292] 24,214 +16 40.3 +03] 24,923] 24,801 24,798 19,299] +29.1
Construction, mining and
material handling equipment . 8,794 8,787 8,775 40.1 40.1 9,144 8,921 8,579 10,068 92
Metalworking machinery 7,095} 6,942] 6,490] 42.2] = +7.0 7,095] 6,942} 6,490] 6,691] +6.0
Computer and office equipme 8,911 8,725] 8,826] #21 “Ld 8,774] 8,453 8,681 7,768| +13.0
Electronic and other
electrical equipment ........... 86,688] 84,795] 85,466 422 0.8 +6.5| 88,348] 87,405] 83,687] 63,887] +383
Electrical transmission and
distribution equipment and
industrial apparatus ........... 7,026 7,088 7,068 09 +03 +0.6 7,152 7,106 6,896 6,399] +118
Electric lighting and
wiring equipment ..... .. 5,381 $,320 5032] +11] 45.7] 407} 5,381 5,320 5,032 $156] +44
Communications equipment 25,803] 25,668} 24,955 40.5 +29] +104] 26,333} 26,063} 25,623 17,694] +48.8
Electronic components . 42,459| 40,811] 42,486] +40] -39] +64] 43,069] 42,708] 40,474] 28,251] +525
Transporation equipment . 230,379 | 230,236] 227.461] +0.1] +12] +2.5| 231,389] 231,543] 226382] 247,072]  -63
icra!
space vehicles, and parts. 192,840] 193,242] 191,416 02] +10] +19] 193,495] 194,306] 190,508] 206,886]  -6.5
Shipbuilding and tanks . . 20,004] 19,401} 19,620] +3.1 +L +73] 19,986] 19,313] 19,528] 19,855 +0.7
Instruments and related products... 46,901] 47,076] 46,415 0.4 +14] +16) 47,452] 47,618 5. 47,845 0.8
Search and navigation equipment 25,274] 25,399] 25,326 05] +03] +09] 25,508] 25,613] 25,420] 26,485 37
Measuring and controlling devices 10,319 10,355 10,132 03 42.2 42.6 10,319 10,355 10,132 10,404 08
Medical instruments and supplies 10,388| 10,392} 10,016 0.0 43.8 +22] 10,669] 10,755] 10,035 9,916 +76
All other durable goods .......... 8,543 8,486 8,449 +0.7 +04 +09 8,153 8,092 7,881 7,970 423
Nondurable goods industries . . 25,980] 25,544] 25,682] +1.7 0.5 -0.3| 25,184] 24,827] 24,912] 23,344] +79

» Preliminary. ‘ Revised

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


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

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

Feb. Jan. Dec. | Jan- | Dec.- | Nov.- Feb. Jan. Dec. Feb. Feb.
2000" | 2000" 1999] Feb.} Jan.| Dec.] 20007] 2000" 1999 1999 | 00/99 2000° 1999

All manufacturing industries .... . 372,031} 374,967} 379,485} 0.8] 1.2} +3.8] 367,680] 347,838] 376,534] 339,552] +8.3] 715,518] 665,145

Manufacturing industries
with unfilled orders . .

211,649) 215,504] 220,693] 1.8) -2.4/  +6.2| 208,352] 200,447] 226,260] 192,899] +8.0} 408,799] 384,471

without defense capital goods... . 365,273] 368,155} 370,622) -0.8] -0.7}_ +3.1] 361,226] 340,391] 364,867] 334,897] +7.9] 701,617| 651.946
Durable goods industries +++} 208,219} 213,982) 218,167] -2.7) -1.9] +6.5] 207,541} 198,898} 220,085] 193,524] +7.2] 406,439] 381,932
With unfilled orders. . . +++} 172,413} 177,214] 181,928] -2.7]  -2.6/  +7.6| 169,888] 165,112] 188,017] 156,438]  +8.6] 335,000] 313,258

Stone, clay, and glass products

Primary metals ........
Blast furnaces, steel mills...
Iron and steel foundries
Nonferrous and other primary

8,903} 9,077] 8,917] -1.9] +18) -2.4) 8,400] 8,075] 7,991 7,946} +5.7 16,475] 15,228
15,645) 16,065} 15,346} -2.6)  +4.7}  -1.2) 17,049] 16,385] 14.8591 16,011 +65 33,434] 29,965
6,104) 6,254 5,896] -2.4) +6.1 -6.6| 6,882) 6,732 5,788] 6,603 44.2 13,614] 11,980
1,624 1,599] -8.8) +1.6) +17.4) 1,623 1,624] 1,459} 1,564 +3.8 3,247 3,059

metals . 8,187] 7,851] 1.6] +43} 0.2] 8,544) 8,029) 7,612| 7,844] 48.9! 16,573] 14,926
Fabricated metal products... 20,627| 20,880] -1.7) 1.2] +1.3] 20,523) 19,124] 19,402] 20,746] —-1.1] 39,647] 39,866
Industrial machinery and equipment 42,937! 38,716) -4.8} +109] -1.6} 39,713] 36,974] 41,425] 36,232] +9.6] 76,687) 68,089

Engines and turbines ....... 3,326] 2,633] -5.2] +263] -5.4) 2,681) 2,415] 3,194] 2603] +3.0] 5,096] 4.759
Construction, mining and

material handling equipment ....} 3,880) 4,010] 3,736 -3.21 +73) -5.8! 4,266] 3,922] 3,671] 4,240 +0.6 8,188] 8,011
Metalworking machinery 3,782) 4,252) 3,462) 11.1] +22.8) -2.0) 3,555] 3,425] 3,624] 3,511] +13] 6,980] 6,322
Computer and office equipment 12,742] 12,666] 11,712] +0.6] +81) -2.2) 11,409] 9,297] 14,755] 9,637] +184] 20.706] 17,658

Electronic and other
39,779] 37,364] 41,524] +65} -10. +5.5) 37,778) 36,135] 43,695] 30,336] +24.5 73,913] 65,088

electrical equipment
Electrical transmission and
distribution equipment and
industrial apparatus ........... 4,030} 4,159] 4,013) -3.1] +3.6« +1.1] 4,226} 3,824] 3,928] 3,823) | +10.5 8,050} 7,070
Electric lighting and
wiring equipment
Communications equipment
Electronic components .
Transportation equipment . .
Aircraft, missiles,
space vehicles, and parts,
Shipbuilding and tanks
Instruments and related prod

2,589] 2,873] 2,686} -9.9)  +7.0} +911 2,581 2,540) 2,978} 2,318] +113 5,121 4,386
9,818) 10,527) 11,160] -6.7 -5.7] +145) 9,180) 8,057} 14,607 7,393) +242 17,237] 13,647
17,513} 13,781] 17,721) +27.1] -22.2) +0.5] 16,079] 16,143] 16,472] 11,466] +402 32,222} 29,474
46,858) 51,438] 55,650] —-8.9] -7,6| +23.9) 48,918] 49,609] 55,238] 47,632] 42.7 98,527) 97,660

9,948) 12,815] 15,354} -22.4) 16.5] +77.9) 9,111] 12,855} 19,021] 9,641 5.5] 21,966} 24,682
850] 2,241] +938) -62.1] 113.6 — 1,693) 651 2,288 389) 335.2 2,344 2,198
14,470} 15,306] 15,903] -5.5) 3.8) +7.3) 14,177] 13,839] 17,807] 14,012) +12 28,016] 26,818

Search and navigation equipment “| 2913 3,190] 3,429] -8.7)—-7.0) +20.5] 2,947] 2,852) 4,472] 3,194] 17 5,799} 5,922
Measuring and controlling devices 4,503) 4,627] 4,909} -2.7] -5.7] +10.8] 4,530] 4,143) 5,229] 4.245] +6.7] 8,673] 8.001
Medical instruments and supplies .] 4,622] 5,037] 5,043] -82| -0.1] +09) 4,414] 4816] 5/509] 4'492|-1.7| 91230] 8.965
All other durable goods .......... 21,435] 21,168] 21,231] +13) -0.3] +0.7} 20,983} 18,757] 19,668] 20,609] +18] 39.740] 38,818
Nondurable. goods industries... .... } 163,812] 160,985] 161,318} +1.8] -0.2]_ +0.3| 160,139] 148,940] 156,449] 146,028] +9.7| 309,079] 283,613

With unfilled orders . . 39,236] 38,290] 38,765] +2.5]  -1.2) +0.1) 38,464) 35,335] 38.2431 36,461] +55] 73,799] 71.213

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

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

Note : Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and ision. One major component of survey error is nonsampling: e
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Fu:
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(
"Manufacturers’ Shipments, Inventories, and Orders: 1987-1996."



Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS

(Millions of dollars)

FOR INDUSTRY GROUPS

‘Seasonally adjusted Not seasonally adjusted"
Monthly Percent Change Monthly Percent | Year to date
Industry change
Feb.| Jan.| Dec. | Jan-| Dec-| Nov-| _Feb.] Jan.| Dec. ] Feb.) Feb.
2000°} 2000°] 1999] Feb.| Jan.] Dec.] 20007} 2000'} 1999} 1999] 00/99 | 2000" | 1999
All manufacturing industries... . 368,910] 370,565] 367,872] -0.4| +0.7|  +0.8| 364,533] 333,352) 365,926] 341,000] +6.9) 697,885) 648,582
Manufacturing Industries
with unfilled orders _.} 208,528} 211,102] 209,080] -1.2] +1. +0.9} 205,205} 185,961] 215,652] 194,347) +5.6] 391,166] 367,908
without defense capital goods... | 362,917) 364.312| 361,351] -0.4] +0.8|  +1.0} 358,590] 328,283] 358,396] 334,246] +7.3) 686,873) 636,334
Durable goods industries... 205,534] 209,442| 206,480] -1.9] +14, +1.0] 204,751 184,327] 209,219] 194,919} +5.0] 389,078) 365,367
With unfilled orders... 169.728] 172,674] 170241| -1.7] +14] +0.9} 167,098] 150,541] 177,151] 157,833) +5.9] 317,639] 297,093
Stone, clay, and glass products 8920} 8893] 8.900) +03) -0.1] -1.1) 8401] 7,743] 7,957] 7,961] +5.5| 16,144] 15,080
Primary metals ...... 2... 15906] 16,091] 15,763] -1.1] #2.1) +121 16,354] 15,333] 14,447| 14,635] +11.7) 31,687) 28,221
Blast furnaces, steel mills 6,123] 6,198] 6, “12] +17] +064 6369} 6,033] 5,587) 5,776 +10.3| 12,402] 11,012
Iron and steel foundries... . . 1477] 1.6241 11575] -9.1] +31) +4.3| 1,537] 1,498] 1,347] 1,587] -3.2] 3,035] 2,984
Nonferrous and other primary
metals... .. 8,306] 8,269) 8,094 +04] 42.2] +11] 8,448] 7,802] 7,513] 7,272| +162] 16,250] 14,225
Fabricated metal products 207300] 20,673) 20385] -1.8| +14] -1.6 20,406| 18,765] 18,867] 20,585) -0.9) 39,171] 39,142
Industrial machinery and e 39,784] 41,311| 38,698] -3.7| +6.8| -1.0] 38,418] 34,358] 42,025) 35,722] +75] 72,776] 66,067
Engines and turbines ..... : 2'765| 3,248] 2,561] -149) +268] -43) 2559] 2,412) 3,219] 2,291] +11.7) 4,971] 4,185
Farm and garden machinery . . . 11396] 1,892 1.854] +0.2| 42.0) +56 2,288] 1,733] 1,354) 2,275] +06} 4,021} 4,008
Construction, mining and
material handling equipment 3,873] 3,998] 3,829 -3.1] 44.4] 43.8] 4,043) 3,580} 3,652) 4,095] -1.3] 7,623) 7,576
Metalworking machinery... 34629] 3'800] 3728-45 +19] -2.7] 3,402| 2,973] 3,890] 3,383| +06] 6,375] 6,077
Computer and office equipment 12556] 12.767] 11,077] 1.7} +15.3] -8.0| 11,088] 9,525] 14,410] 9,798] +13.2) 20,613) 17,831
Electronic and other
electrical equipment ........... 37,886] 38,035] 36,281] 0.4] +48] +1.9] 36,835] 32,417] 40,817] 31,196] +18.1) 69,252] 59,007
Electrical transmission and
distribution equipment and
industrial apparatus... . 4092} 4,139 3,971] -1a] +42] 42.5] 4,180] 3,614) 3,957] 3,676] +13.7] 7,794) 6,852
Household appliances . 2481) 2474 2369] +03) +44] -23) 2,455] 2,019) 2,296] 2,346] +4.6) 4,474) 4,171
Electric lighting and
wiring equipment ........ 2,528] 2,585] 2,649] 2.2] -2.4] +3.6 2,520] 2,252) 2,941] 2,286] +10.2) 4,772) 4,252
Household audio and
video equipment .......... 1i3zif 1118} 988} +12) 413.2] 41.3) 1,040] 962} 955] 952) 49.2) 2,002) 1,882
‘Communications equipment . 97683] 9814] 8,819] -1.3| +113) 42.7] 8,910] 7,617} 12,160] 6,876] +29.6) 16,527) 13,010
Electronic components . . 15865] 15,456} 15,161] +26] +19} +12] 15,718] 13,909] 16,234] 12,885] +22.0) 29,627) 24,878
Transportation equipment 46.713| 48,663] 50125] -4.0] -2.9] +3.7| 49,072) 44,448] 48,564] 50,526] -2.9] 93,520] 93,172
Motor vehicles and parts 32/840] 34,317| 34.189] 4.3 +04] 42.9 35,705] 32,552] 30,109] 35,628) +0.2) 68,257) 65,732
Aircraft, missiles,
space vehicles, and parts. 10,350] 10,989] 11,788] -5.8} -6.8} #2.7| 9,922) 9,057) 14,445] 11,734) -15.4] 18,979] 21,804
Shipbuilding and tanks . . ‘| “voaal 1069} ’912] 2.3) +17.2] 9.1] 1,020) 866) 1,058] 879) +16.0) 1,886] 1,665
Instruments and related products ....| 14,645] 14,645] 15,169 -3.5{ +12) 14343] 12,717] 16,385] 13,874] +3.4) 27,060) 26,158
Search and navigation equipment .] 3,038] 3,117| 3,191 23} +3:0f 3,052] 2.659] 3,555] 3,137) -2.7| 5,711] 5,865
Measuring and controlling devices .| 4,539] 4,404] 4,652 753) +40] 4'566] 3,920] 4:972| 4,149] +10.1] 8,486) 7,782
Medical instruments and supplies 4,626] 4,661] 4,823 3.4) -1.51 4'500] 4,096] 5,295] 4,594] 2.0] 8,596] 8,635
Photographic goods . . 1,950] 1,973) 2,011 <9] -08| 1.757] 1,614] 2,091] 1,511] +163] 3,371) 2,990
All other durable goods . 21/378) 21,131] 21,159 <0.) +0.1] 20,922} 18,546] 20,157] 20,420] +2.5) 39,468) 38,520
Nondurable goods industries . 163,376] 161,123] 161,392 -0.2) +0.5} 159,782] 149,025| 156,707] 146,081] +94] 308,807] 283,215
With unfilled orders 38,800] 38,428] 38,839 “it] +10} 38107] 35,420] 38,501] 36,514] +44] 73,527] 70,815
Food and kindred produ 42,059| 41,598] 42,176 <4] -0.4| 40,926] 38,906] 41,652] 40,346] +1.4) 79,832] 79,156
Meat products . . . . 9,583] 9,230) 9,425 211-02} 91431] 8.632) 9,413] 8337] +13.1] 18,063] 16,406
Dairy products - 6,109] 6,012] 6,336 25.) 3.2] 5.951} 5,836] 6,256] 6,408) -7.1] 11,787] 12,916
Beverages . . :| 6558) 6577| 6,374 +32] -16 5.927] 5,727] S914] 5,658] +4.8} 11,654] 11,054
All other foods, except f fais and oils | 17,992] 18,044] 18,178 -0.7| +0.81 17,800] 16,976] 18,206] 17,985} 1.0] 34,776] 34,895
Tobacco products. . .| 43312) 4,310) 4,324] “o.3] 3.4] 4281} 4100 4,016 4,069] +52) 8,381] 7,889
Textile mill products . 6,615] 6,462] 6,615 23} +11) 6446] 5,592] 5.966} 6,268) +2.8) 12,038] 12,037
Broadwoven fabrics and
other textiles ....... 3,676| 3,538] 3,651 3.1] 0.81 3,663] 3,156] 3,433) 3,680] -0.5) 6,819) 7,161
Paper and allied p 14314] 14,168] 14,376 “al +08] 14,427] 13,650] 14,095] 13,749] +4.9| 28,077) 26,680
Pulp, paper, and
paperboard mill products ...... 5,848| 5,731] 5,697] +2.0/ +06] +11] 5,923) 5,545] 5,622] 5,265] +12.5) 11,468) 10,248
Paperboard containers and boxes .. | 3,809] 3,782) 3,707] +0.7] +20] +2.1) 3,846) 3,671 3,521] 3,386] +136) 7,517| 6,661
Miscellaneous converted
paper products ..... 4657] 4,655] 4,972] 0.0| 6.4) -0.5] 4,658 4,434) 4,952] 5,098] 8.6} 9,092) 9,771
Chemicals and allied products | 36541} 35,658] 35,636} +2.5| +0.1) -0.8| 35,917| 33,656] 35,458) 32,585] +10.2| 69,573} 63,386
Industrial chemicals ..... . 16179] 15,903} 16,066] +17] -1.0| -0.9 16,459) 15,223] 15,680] 14,938] +10.2) 31,682] 29,042
Drugs, soaps, and toiletries . 16320] 15,809] 15555] +432] +16 -12| 15,465] 14,997] 16,414] 13,883) +114) 30,462) 27.341
Petroleum and coal products . . 18742] 18,308] 174141 +24] 45.1] +4.7| 17,087] 16231) 17,075] 10,137] +68.6) 33,318] 19,956
Rubber and plastics products. 14371] 14304 14,400] +05) -0.7] +0.4| 14,657] 13,243] 12,978| 13,907) +5.4) 27,900) 26,114
All other nondurable goods ...... 26,422) 26315] 26,451) +04] -0.5| +18] 26,041] 23,647) 25,467] 25,020) +4.1) 49,688) 47,997
T Preliminary. ‘Revised.

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