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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
July June May| June-| May-|— Apr.- July June May July} July
199° 1999" 1999] July] June] May 1999° 1999" 1999 1998] 99/98
All manufacturing industries . . 464,865 | 462,690] 463,742] +0.5 02] +01} 466,414] 460,432] 467,701] 469,220] -0.6
Manufacturing industries
with unfilled orders. ----- | 309,013] 307,649] 308,646] +04 03 -0.2} 311,822] 307,382] 312,492] 316,461 “15
without defense capital goods... 446,254| 444.400] 445,316] +04 02) 40.1) 447,383) 442,120] 449.042] 450,000 -06
Durable goods industries. . -- 293,396] 291,645] 292,403] +06)  -03 0.0] 294,972] 290,135] 295,610] 297,154 -07
With unfilled orders : +++] 268,510] 266,959] 268,064] +06) -04) -0.1] 270,581] 266314] 271,390] 274,042 -13
Stone, clay, and glass products... 9449] 9,395] 9388] +06) +01) +16] 9508] 9511 9,644 9176] +36
Primary metals . . --... | 23,706] 23,674] 23.758} +0.1 04] +05} 23.812] 23,498] 23.716] 24.851 42
Blast furnaces, steel mills... . 11405} 11,468] 11,599 -05 li} +02} 11,467} 11,262] 11,443] 12349 “7A
Iron and steel foundries... ..... 1,605 1,611 1,617 -04 04] +01 1,590 1,638 1,665 1,557] 42.1
Nonferrous and other primary
metals... 10,696] 10,595] 10,542] +10] +05} +08] 10,755] 10,598] 10,608] ~— 10,945 “17
Fabricated metal products ........ | 31,015] 30.740] 31,006} +09 09} +04) 31,213] 31,023] 31,373] 31,152] +0.2
Industrial machinery and cauipment 59,734| 59,867] 60,331 -0.2 -0.8 03] 59,774] 59,347] 61,320] 61,030, 24
Engines and turbines . . : 4,491 4273} 4358) 45.1 2.0} +01 4549] 4.146] 4.496] 4,196] +84
Farm and garden machinery... 3,567 3,601 3,628 09 -0.7 -0.4 3,291 3,385 3,472 3,431 4.1
Construction, mining and
material handling equipment ... . 8,898. 8,879 8,973 +0.2 -1.0 -0.6 8,787 8,903 9,103 8,653 +15
Metalworking machinery . . 8017} 8,112 8,055 12] +07 03 8.239] 8.100] 8,206 7,980] +32
Computer and office equipment . . 8,641 9,004 8,958 40] 405 00} 8,906} 8.999] 9391 9891] -10.0
Electronic and other
electrical equipment... : 41,174] 40,997} 40,825] +04) +04) 40.7] 41,779] 41,032] 41,720] 40,866] — +2.2
Electrical transmission and
distribution equipment and
industrial apparatus . : 5,243 5.214 5,246] +06 06]  -10] 5,221 5,124 $272 5,299 “18
Household appliances . an 2,400 2.410 2,437 04 -Ll +15 2,397 2,446 2,647 2,364 +14
Electric lighting and
wiring equipment . . . 3,568] 3,566] 35347 40.1] 40.9] +01 3,666] 3,607 3,604] 3,544] 43.4
Household audio and
video equipment . . : : 1,154 1,043 981] +106) +63] +18 1,268 1,049 961 1,060] +19.6
Communications equipment : 10,727] 10,731 | 10,670 00} +06) +11] 10,887] 10,624] 11,002] 10491] 43.8
Electronic components ....... . 14,440} 14,453] 14,479 0.1 02) +15] 14566) 14521] 14.721] 144ag] +08
Transportation equipment ........ 72,450| 71,596] 71,788] +12 -03 09} 72,721] 70,500} 71,987] 75,256 -34
Motor vehicles and parts . . . 14711] 17,597) 17,233} 40.6] 42.1] 40.9] 17,932] 17,125] 17,170] 17,022] 45.3
Aircraft, missiles,
space vehicles, and parts... . . 48,629} 48,037] 48,659] 41.2 “13 -1.6] 48,622] 47,431] 48,816] 52,504 -14
Shipbuilding and tanks . 2216] 2,208] 2,078] +04] +63 10} 2219) 2.221 2,093 1,729} +283
Instruments and related products . . 26.912} 26,587] 26,644] +1.2 -02 -0.6| 27,287) 26,663] 27,074} 27,010} +1.0
Search and navigation equipment. 6,783| 6,691 6775] +14 12 0.7 7,003 6,737] 6,922 6,988] — +0.2
Measuring and controlling devices 8,084 8,023 7911| +08] +07 “0. 8,194 8,102 8,038 8127] +08
Medical instruments and supplies 8,837 8,724 8670] +13] +06]  -02 8,896} 8,693 8,806 8554] +4.0
Photographic goods . . . . 2,461 2,424] 2,506} #15 33 20} 2,450] 2,403 2,576 2,634 -7.0
All other durable goods 28,956] 28,789] 28.663] +06] +04] +11] 28878} 28.561] 28,776] 27,813] +38
Nondurable goods industries . . . . 171,469| 171,045] 171,339] +0.2 02] +03] 171,442] 170,297] 172,091] 172,066 0.4
With unfilled orders . . 40503| 40,690] 40,582 05} +03 08} 41,241] 41,068] 41,102] 42,419 28
Food and kindred products... . 37,849] 38,037| 38,182 05 04} 405] 36,749] 36,600] 37,028] 36,333} +11
Meat products... . sees 4280] 4.254) 4211] +406] +1.0 -0.1 4305] 4,329) 4327] 4.087] +53
Dairy products vee 3,893 3,875 3.885] +05 03) +02] 4,023 3,938 3,978 3,926] +25
Beverages .. 8,683 8,797 8,776 13) +02) +14 8,447 8,678 8.762 7987] +58
All other foods, except fi ‘fats and oils 19,364 19,409 19,564 -0.2 -0.8 +0.6 18,427 18,013 18,264 18,521 -0.5
Tobacco products’. . 3149] 5,208 5308 Al -19 07] 4,645 4,750 5,054 5210]  -10.8
Textile mill products . . 10,033 10,107} 10,051 -0.7 +0.6 -03 10,176] 10,193} 10,340| 10,428 24
Broadwoven fabrics and
other textiles . 6,123 6171 6,186 -08 -0.2 05 6179] 6,170 6324] 6,461 “44
Paper and allied products 16,052] 16,070] 16,023 olf +403] +02] 16,005} 16,066] 16.217] 16.513 3.1
Pulp, paper, and
Paperboard mill products ... . 6,420] 6,473 6.513 -08 0.6] +02] 6350] 6,428] 6,557 6,648 45
Paperboard containers and boxes 3,965 3,942 3,926 +0.6 +04 +0.1 3,985 3,943 3,955 4,327 19
Miscellaneous converted
Paper products 5,667] 5,655 5584] 40.2] 413] +402] 5,670] 5,695 5,705 5538] 424
Chemicals and allied products 46,999} 46,581] 46.929] +409} = -07) 41.2] 47,121] 46,543] 47,565] 46,483] +14
Industrial chemicals... 19.439] 19,113] 19.234] +17 0.6] +06] 19.480] 18,956] 19.254] 20,393 45
Drugs, soaps, and toiletries 21,620} 21,581] 21,780] +0.2 09] +20] 21.987] 21,949] 22,448] 20,783] +5.8
Petroleum and coal products . . . 11,062] 10,814] 10,706] +23) +10] 40.2) 11256] 10.985] 11.040] 11,066] +17
Rubber and plastics products 17,009] 16,902} 16.902] +06 0.0] +06) 17,023] 16930] 17.093] 16646] +23
All other nondurable goods 27,316] 27,326] 27,238 oo} +03 -l1] 28.467} 28.230] 27,734] 29,387 31

* Preliminary. ' Revised.


10

Total Manufacturing

New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

380 380
New Orders
360 P- - Shipments |—1 360
340 340
320 320
300 F- - ----- +--+ 2-2 ee eee ee ee ee ee ee eee eee ee ee ed 300
280 il L il L 1 1 1 1 1 1 L 1 1 280
Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May = Jul
Jul. 1997 - Jul. 1999
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

I/S Ratios UO/S Ratios
2.5 3.7
24F----- ot rr rr rt ttt rr rr ttre vos t-] 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 bo \ ! ! ! ! \ L ! ! ! ! Li54

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

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES
FOR TOPICAL SERIES'
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
July June May } June- | May- | Apr.- July June May July | July
1999" 1999" 1999 | July | June | May | 1999" 1999" 1999 1998 | 99/98
UNFILLED ORDERS
All manufacturing industries 520,088 | 518,064 | 521,638 | +04] -0.7 |  -0.5 | 524,150 | 515,003 | 524,263 } 531,291 “13
Market categories
Automotive equipment : 2,503 | 2,505 | 2,486 or] +08 | +03 | 2487] 2445 | 2,454] 2,361 +53
Home goods and apparel... . . 8980 | 8.911 3975 | +08] -07 | -40] 9,293} 8997] 9249 | 8418 | +104
Consumer staples . . cose} 2769 | 2693 | 2616 | 428] +429] +438] 3400] 2,721 2396 | 2.739 | +241
Machinery and equipment ....... | 235,554 | 236,343 | 239,733 03 14 | -09 | 235,784 | 236,008 | 240,632 | 245,501 “4.0
Business supplies ...........-. | 7153 | 7114 | 7,138 | +05] -03 J 411 7,669 | 7.279 | 7.301 7,307 +5.0
Construction materials
and supplies vee 18,075 | 17,919 | 17,721 +09} +11 -0.8 | 18,246 | 18,071 17,876 | 18,274 -0.2
Defense products... . . . 89,105 | 89,061 | 90,134 00} +12 -0.8 | 88,888 | 89.418 | 91,203 | 92,775 4.2
Other materials, supplies and
and intermediate products . 155,949 | 153,518 | 152,835 | +16] +04 | +06 | 158,383 | 150,064 | 153,152 | 153,916 42.9
Durable goods industries :
Nondefense capital goods * -- | 251,883 | 252,600 } 256,124 03] -14 | -1.0 | 251,544 | 251,965 | 256,404 } 261,837 39
Excluding aircraft and parts .... | 110,146 | 109.907 | 111826 | +02] -1.7 | -0.3 | 109,807 | 109,272 | 112,106 | 103,712 $5.9
Defense capital goods ‘ 93.911 | 93,906 | 94,975 00} -1t -0.7 | 93,721 | 94,388 | 96,209 | 97,894 43
Durables excluding capital goods. | 149/819 | 147382 | 146,695 | +17] +05 | +02 | 152:756 | 143,901 | 147.311 | 143,837 $4.7
Miscellaneous series
Producers’ durable equipment .... | 274,418 | 275,344 | 278,483 03] -11 -0.9 | 274,569 | 274,096 | 279,077 | 284,951 -36
Household durable goods... . - 5,633 | 5,541 5545 | 41.7] -0.1 62 | 5,759] $409 | 5,587 | 5,260 49.5
Information technology industries 41,056 | 40,865 | 40,708 | +05] +04 0.0 | 41,339 | 40,848 | 40.980 | 40,323 425
Health care equipment
and products .. 2.0.0... 0. 9,694 | 9,643 | 10,185 | +05] -53 | 425 | 9,637 | 9,195 | 10,260 | 9,661 02
TOTAL INVENTORIES
All manufacturing industries - | 464,865 | 462,690 | 463,742 +05 0.2 40.1 | 466,414 | 460,432 | 467,701 | 469,220 -0.6
Market categories :
Automotive equipment . . : 3804 | 3817 | 8os2] +09} +19] +07] 9019] 8630 | 8,784 | 8,630 +45
Home goods and apparel 31576 | 31431 | 31,342 | +05 | +03 | +07 | 32,463 | 32,272 | 32,261 | 32,501 0.1
Consumer staples . . : 74.294 | 74,284 | 74,620 00} 05 | +0.7 | 73,423 | 73131 | 74.316 | 72,164 +17
Machinery and equipment . . . 116,992 | 116,397 | 116.955} +05] -05 -0.6 | 117,122 | 115.171 | 118.666 | 119,920 23
Business supplies... - 28,248 | 28,174 | 28,17: +03 00 | -07 | 28361 | 28.205 | 28.391 | 28,621 -0.2
Construction materials
and supplies 29,397 | 29,218 | 29,130 | +06] +03 | +11 | 29,567 | 29,319 | 29,421 | 28,666 43.1
Defense products . . 18335 | 18088 | 18121 | +14] -02 | +06] 18,719 | 18,116 | 18,335 | 18,898 -09
Other materials, supplies and
and intermediate products . . . 157,129 | 156,281 | 156,748 | +05] -03 | +02 } 157,540 | 155,588 | 157,327 | 159,820 14
Durable goods industries :
Nondefense capital goods * 108,270 | 107,909 | 108,806 | +03] -08 |  -09 | 108,s60 | 106,922 | 110.486 | 112,277 33
Excluding aircraft and parts. . 71840 | 71,729 | 72.117] 402] -05 | 0.1 | 72,464 | 71,343 | 73,833 | 72,464 0.0
Defense capital goods * .. . . 18,611 | 18.290 | 18426 | +18] -07 | +03 | 19,031 | 18312 | 18,659 | 19,220 -10
Durables excluding capital goods 166,515 } 165,446 } 165,171 } 40.6 | +02 | +05 | 167,381 | 164,901 | 166,465 | 165,657 +10
Miscellaneous series
Producers’ durable equipment 190,130 | 189,119 | 189,490 | +05} -02 | -02 | 191,120 | 188,043 | 191,887 | 193,150 “ll
Household durable goods 16328 | 16239 | 16348] +05] -07 | +11 | 16622 | lo4ll } 16,722 | 16,351 +17
Information technology industries 32,715 | 32,842 | 32,758 04] +03 | +01 | 33364 | 32.801 | 33.762 | 33.680 09
Health care equipment .
and products... 0... 5... 6. 20,538 | 20,402 | 20.452 | +0.7] -0.2 | #11 | 20,794 | 20,566 | 20.945 | 19,812 +5.0

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’ SHIP!
FOR TOPICAL SERIES

(Millions of dollars)

NTS AND NEW ORDERS

Seasonally adjusted Not seasonally adjusted ?
Monthly Percent Change Monthly Percent Year to date
Industry change
July} June | May | June-] May-} Apr.-]| July] June | May} July | July
1999] 1999] 1999] July] June] May} 1999] 1999] 1999] 1998] 99/98 | 1999" | 1998
SHIPMENTS,
All manufacturing industries 356,442] 354,702] 350,624] +0.5]  +1.2}_ +0.9] 319,970] 380,057] 349,625] 302,131] +5.9]2,411,222 |2,316,560
Market categories :
Automotive equipment 16,644] 16,967] 15,936] -1.9] +65] 42.1] 10,181] 17,746] 16,731) 8,370) +21.6] 110,607] 96,817
Home goods and apparel 19,898] 19,645| 19,986] +1.3] -1.7] -1.6] 18,566] 20,592) 18,947] 17,945] +3.5] 134,868] 128,558
Consumer staples ....... 74,002] 74,050] 72,565| -0.1] +20] +0.8} 71,837] 77,136] 71,794] 67,118} +7.0) 497,377) 473,720
Machinery and equipment . . 68,961] 68,232] 68,250] +11] 0.0) +1.1) 57,104] 77,374] 66,726] 52,850] +8.0] 462,561} 435,993
Business supplies . 26,785] 26,505] 26,309] +11] +0.7)  +1.7| 25,421] 27,806] 26,149] 24,196] +5.1] 181,153] 176,003
Construction materials
and supplies en 23,365] 23,303] 22,860] +03} +1.9]  +0.5] 23,167} 25,145] 23,314] 21,640] +7.1] 158,151] 149,214
Defense products . . . 6855] 6.565] 6.845] +441 -4.1] +16] 6,092] 7,025] 6,650} 6,027] +1.1] 46,368} 46,826
Other materials, supplies and
and intermediate products 119,932] 119,435] 117,873) +04] +1.3]  +0.9} 107,602] 127,233) 119,314] 103,985] +35) 820,137} 809,429
Durable goods industries :
Nondefense capital goods * 55,983] 54,472] 55,543} +2.8] -1.9] +1.5] 48,489} 63,559] 52,908] 44,305] +9.4| 370,872) 349,043
Excluding aircraft and parts 48,645] 46,459] 46,376] +4.7] +0.2]  +0.8) 42,219] 54,986] 44,039] 37,828) +11.6) 314,063] 298,189
Defense capital goods * : 6,654] 6,278] 6,669] +6.0} -5.9] +2.2] 5,818] 6,734] 6,483) 5,691} 42.2] 44,611] 44,376
Durables excluding capital goods . | 139,870] 140,240] 137,213] -0.3]  +2.2) +0.9} 116,589] 149,131] 139,382] 108,996] +7.0} 949,151] 895,397
Miscellaneous series :
Producers’ durable equipment . . . . | 132,806] 131,602) 130,258] +0.9| +1.0} +0.7} 106,249} 145,448] 129,697] 97,546] +8.9] 891,732] 831,760
Household durable goods : 10,569} 10,262} 10.418] 43.0] -1.5]  -0.8| 9,217] 10,937{ 10,019) 8,281) +11.3] 70,094) 63,018
Information technology industries 28,938} 26,666] 26,715] +85] -0.2)  -0.5] 24,290] 32,606 24,411) 20,382) +19.2] 178,514] 164,417
Health care equipment
and products . 12,971] 13,317] 12,954] -2.6] +2.8)  -0.6) 11,919} 14.439] 12,191] 11,130] #7.1] 88,378] 80,921
NEW ORDERS
All manufacturing industries 358,466] 351,128] 348,259] +2.1]  +0.8)  +1.0) 329,117] 370,797] 344,067] 306,253] +7.5] 2,422,386 2,316,293
Market categories :
Automotive equipment . 16,642] 16,986] 15,944} -2.0] +6.5]  +2.3) 10,223) 17,737) 16,674] 8,363] +22.2) 110,689] 96,692
Home goods and apparel 19,968] 19,580] 19,610} +2.0]  -0.2)  -3.6 18.862] 20,340) 18,730] 17,919] +5.3] 135,850] 128,418
Consumer staples . 74.077] 74127) 72,661] -0.1]  +2.0} +0.9] 72,516] 77,462] 71,899] 67,646] +7.) 498,515) 474,411
Machinery and equipment 68,172] 64,842} 66,065] +5.1] -1.9] +14) 56,880] 72,751] 64,815] 52,752] +7.8) 457,776] 438,751
Business supplies . 26,824 26,481) 26387| +13) +04] +1.9] 25,811] 27,784] 26,448] 24,501] —+5.3] 182,302) 176,878
Construction materials
and supplies . 23,521] 23,502) 22,723) +0.1] +3.4)  -0.2] 23,343] 25,340] 23,173) 21,569} $8.2] 159,157] 149,862
Defense products ......... 6,899] 53,4921 6,090] +25.6] -9.8] +14.2} 5,562] 5,240] 5,042] 4,423] 425.8] 44,341] 42,056
Other materials, supplies and
and intermediate products . 122,363] 120,118] 118,779] +19} +1.1]  +0.8} 115,920] 124,143] 117,286] 109,080} — +6.3] 833,756] 809,225
Durable goods industries :
Nondefense capital goods * 55,266] 50,948] 53,041] +85] -3.9]  +1.0] 48,068] 59,120] 50,399] 43,832] +9.7) 365,334] 349,664
Excluding aircraft and parts 48,884] 44.540] 46,057|  +9.8)  -3.3] -2.9] 42,754] 52,152] 43,713] 37,492] +14.0] 317,293] 298,729
Detense capital goods ‘ 6,659] 5,209] 6.019} +27.8| -13.5] +19.0) 5,151] 4,913} 4,954] 3,919] +314) 42,619] 40,054
Durables excluding capital goods . | 142,307] 140,927] 137,549] +1.0]  +2.5| +0.3) 125,444] 145,521] 137,200] 114,886] +9.2] 964,662] 898,332
Miscellaneous series
Producers’ durable equipment 131,880] 128,463] 127,656] +2.7|  +0.61  +1.0} 106,722] 140,467] 127,219} 97,641 +93} 886,797) 833,597
Household durable goods 10,661] 10,258] 10,052} +39] +2. -4.1] 9.567] 10,759) 9,753] 8,249] +16.0] 70,692] 62,495
Information technology industries 29,129} 26,823) 26,703] +8.6] +04} +0.3] 24,781] 32,474) 24,731] 20,212) +22.6] 180,737) 166,770
Health care equipment
and products . . 13,022] 12,775] 13,199] +1.9]  -3.2) -0.9] 12,361] 13,374] 12,611) 11,864] #4.2} 88,391] 82,118

" Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories.

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

‘Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and ma
handling equipment; metalworking machinery; special industry machinery, general industrial machinery; computer and office equipment, refrigeration, heating and sc
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
and tank components: and search and navigation equipment.

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

ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships.


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry July June May Apr. July June May Apr.
1999" 1999" 1999 1999 1999" 1999" 1999 1999
All manufacturing industries... . . 1.30 130 132 133 2.55 237 2.59 2.63
Durable goods industries ....... 1.45 145 147 1.48 2.99 3.01 3.03, 3.08
Stone, clay, and glass products . . Lu 1.10 Ml 1.10 0.74 0.74 0.76 0.77
Primary metals 1.60 161 164 1.66 212 2.09 2.07 2.10
Fabricated metal products 152 130 152 Isl 131 131 133 134
Industrial machinery and equipment 152 1.60 161 161 2.10 2.20 222 2.22
Electronic and other
electrical equipment 117 1.20 121 1.20 1.94 1.93 1.93 1.93
Transportation equipment 130 144 147 152 9.02 878 8.65, 8.98
Instruments and related products 1.86 1.82 1.86 1.89 3.25 3.23 3.35 3.37
Nondurable goods industries . il a 1.13 114 0.65 0.65 0.64 0.63
Food and Kindred products 091 0.90 0.92 0.93 (X) (X) (Xx) (X)
Tobacco products 121 1.23 131 131 Xx) (X) (X) (X)
Textile mill products... . . 153 157 154 134 (NA) (NA) (NA) (NA)
Paper and allied products . . 118 119 120 119 (NA) (NA) (NA) (NA)
Chemicals and allied products 137 1.35 1.40 138 ra) (x) (X) (X)
Petroleum and coal products 0.76 0.79 0.82 0.82 ) (X) &) (X)
Rubber and plastics products 127 1.24 1:25 1:25 &) (X) &) ()

° 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
July July July July
July? | 1998- July? | 1998- July? | 1998- July? | 1998-
July! | 1994] June | July! | 1994- | June | July! | 1994} June | duty! | 1994-] June
1999 | 1998} 1999 | 1999} 1998] 1999 | 1999 | 1998} 1999} 1999 | 1998 | 1999
All manufacturing industries . () 02 0.1 (x) 02 02 (x) oO. 01 (9) 0.0 0.0
Durable goods industries... .. 0.1 03 02 03 03 03 -0.1 0.1 01 fe) 0.1 oO.
Stone, clay, and glass products . (x) 04 04 (x) a) 05 (X) 07 04 (X) 01 02
Primary metals. . : 03 Ol 02 “0.1 04 09 OL 02 04 fe) Ol 0.0
Fabricated metal products : (X) 03 03 (X) 03 05 (X) 02 03 & 01 01
Industrial machinery and equipment 19 03 04 20 02 03 ot Ol 02 &) Ol O1

Electronic and other

electrical equipment ......... 2. -0.9 0.6 05 “12 07 12 -0.2 04 0.6 (xX) 01 02
Transportation equipment . : 0.0 1.0 07 ol 10 in] 0.0 ol ol (X) 02 02
Instruments and related products » . (xX) 03 0.6 (X) in 13 (X) 02 03 (X) 0.2 0.1
Nondurable goods industries . . . (x) 00 01 (x) 0.0 0.1 & Ol 02 (X) 0.0 01
Food and Kindred products - (x) 03 02 () (x) (e) &) () (X) &) 0.1 O.1
Tobacco products ee . (X) 0.0 0.0 (Xx (x (X) (xX) (x (X) (xX) 0.0 01
Textile mill products... . (x) 05 04 (X) | (NA) | (NA) (x) ] (NA) | (NA) (X) 01 1
Paper and allied products . . (xX) 02 02 (X) (NA) (NA) (X) (NA) (NA) (X) 0.1 On
Chemicals and allied products... . () 03 02 (x) (X) (X) () (&) (X) (X) 0 O4
Petroleum and coal products... . eo) 01 06 () (x) (%) &) &) (x) (X) 02 06
Rubber and plastics products. - & 02 02 &) (x) (X) () (&) () (x) 0.1 02

Capital goods industries
Nondefense venees 11 02 03 12 03 05 0.0 01 0. (X) 0.1 Ol
Defense . tenes 0.0 07 05 0.0 3.1 4] 0.0 02 03 (X) 02 0.1

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

Note : The five year and the twelve month revisions are the differences between the month-to-month percent changes of the preliminary and final estimates, The
monthly averages are the simple averages of the absolute values of the differences for the months specified. The advance to final percent change revisions for the
durable goods industries are shown in the advance report for the month

The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.

2 Asinenna One thin eamth foe the tant Mein connen


CURRENT INDUSTRIAL REPORTS

en
\E/

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

Manufacturers’ Shipments,
Inventories, and Orders

July 1999
-1-(99)-07
For Wire Transmissions 10:00 a.m. E.D.T. September 2, 1999

For Data - (301) 457-4673
For Questions - Frances Porter or Lee Wentela
(301) 457-4804 or (301) 457-4832

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in July increased $7.3
billion or 2.1 percent to $358.5 billion, the Department of
Commerce, Bureau of the Census reported today. This follows
a 0.8 percent June increase and is the eleventh increase in the
last fourteen months. Excluding transportation, new orders
increased 2.1 percent, the fifth increase in the last six months.
Year-to-date, new orders are 4.5 percent above the same period
a year ago.

Shipments increased $1.7 billion or 0.5 percent to $356.4
billion, following a 1.2 percent June increase. This is the
eleventh increase in the last fourteen months. Year-to-date,
shipments are 4.] percent above the same period a year ago.

Unfilled orders increased $2.0 billion or 0.4 percent to
$520.1 billion, following a 0.7 percent June decrease. This is the
first increase since March. The unfilled orders-to-shipments ratio
was 2.55, down from 2.57 in June.

Inventories increased $2.2 billion or 0.5 percent to $464.9
billion, This is the largest increase since October 1998. The
inventories-to-shipments ratio was 1.30, unchanged from June.

New Orders

New orders for manufactured durable goods in July
increased $7.1 billion or 3.6 percent to $204.2 billion, the
Department of Commerce, Bureau of the Census reported today.
This is the eleventh increase in the last fourteen months and the
largest since November 1997. Excluding transportation, new
orders increased 4.1 percent.

Industrial machinery and equipment, led by computers and
office equipment, had the largest increase, $3.8 billion or 10.4
rcent to $40.2 billion. This is the largest increase since
ebruary 1985. Electronic and other electrical equipment
increased $1.7 billion or 4.7 percent to $36.8 billion, mostly due
to electronic components. This is the fourth increase in the last
five months. Transportation equipment, up three consecutive
months, increased $1.0 billion or 2.1 percent to $47.2 billion.
Primary metals, up four consecutive months, increased $0.3
billion or 2.3 percent to $15.6 billion.

New orders for nondurable goods, up five of the last six
months, increased $0.2 billion or 0.1 percent to $154.2 billion.
An increase in petroleum and coal products more than offset a
decrease in food and kindred products.

Shipments

Shipments of durable goods in July increased $1.5 billion
or 0.8 percent to $202.5 billion. This is the twelfth increase in

the last fourteen months. Industrial machinery and equipment
had the largest increase, $2.1 billion or 5.5 percent to $39.4
billion. This is the fifth increase in the last six months and the
largest since July 1987. Electronic and other electrical
equipment, up five consecutive months, increased $0.9 billion or
2.6 percent to $35.1 billion. Trans ion equipment decreased
$1.3 billion or 2.7 percent to $48.5 billion; led by motor vehicles
and parts, all components decreased except shipbuilding and
tanks.

Shipments of nondurable goods increased $0.2 billion or
0.1 percent to $153.9 billion. This is the fifth increase in the last
six months. Petroleum and coal products, up six consecutive
months, increased $0.9 billion or 6.3 percent to $14.6 billion.
Food and kindred products decreased $0.6 billion or 1.4 percent
to $41.5 billion.

Unfilled Orders

Unfilled orders for durable goods in July, up for the first
time since March, increased $1.7 billion or 0.3 percent to $495.6
billion. Electronic and other electrical equipment, up eight
consecutive months, had the largest increase, $1.7 billion or 2.6
percent to $67.9 bil . Industrial machinery and equipment, up
seven of the last eight months, increased $0.9 billion or 1.1
percent to $79.1 billion. Primary metals, up six consecutive
months, increased $0.8 billion or 2.5 percent to $31.4 billion.
This is the largest increase since September 1997.
Notwithstanding these increases, transportation equipment, down
thirteen of the last fifteen months, decreased $1.2 billion or 0.5
percent to $230.5 billion.

Inventories

Inventories of durable goods in July increased $1.8 ion
or 0.6 percent to $293.4 billion. This is the first increase since
February.

Transportation equipment had the largest increase, $0.9
billion or 1.2 percent to $72.4 billion. This is the first increase
since February, Instruments and related products increased $0.3
billion or 1.2 percent to $26.9 billion. Fabricated metal products
increased $0.3 billion or 0.9 percent to $31.0 billion.

Inventories of nondurable goods, up four of the last five
months, increased $0.4 billion or 0.2 percent to $171.5 billion.

By stage of fabrication, July finished goods increased 0.3
percent in durables and 0.4 percent in nondurables. Work in
process increased 0.5 percent in durables and decreased 0.4
percent in nondurables. Materials and supplies increased 1.1
percent in durables and 0.4 percent in nondurables.

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



Nondefense Capital Goods "1
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
62 62

New Orders

Shipments

57

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

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

10 10

gL------------ 2 eee New orders |} g
Shipments

BL----------------- +--+ eee eee eee 2 2 2 Se 48

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

Note: All Charts based on seasonally
adjusted current dollars.


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

(Millions of dollars)
Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percer
chang:
July June May }| June- | May- | Apr.- July June May July | July
1999" 199° 1999 | July | June | May | 199° 1999" 1999 1998 | 99/98
MATERIALS AND SUPPLIES
All manufacturing industries... 154,151 | 152,952 | 152,843 | +08] +01 | +01 | 154671 | 151,818 | 152,148 | 156,626
Durable goods industries . 93,008 | 92,031 | 91,677} +11] +04 0.0 | 93,631 | 91,023 | 91,086 | 93,984
Stone, clay, and glass products : 3.206 | 3,192 : +04) -03 | +405 | 3.208 | 3184 | 3190 | 31038
Primary metals. voces 7406 | 7358 | 7357 | +0.7 oO] 13} 7.431 7218 | 7.125 8,039
Fabricated metal products - | 10,552 | 10,440 | 10,403 | +11] +404} +08] 10,597 | 10:427 | 10280 | 10,804
Industrial machinery and equipment 19.956 | 19,999 | 19,997 02 0.0 | -12 | 20,095 | 19,913 | 20147 | 20,141
Electronic and other
electrical equipment... . 16,458 | 15,913 | 15,565 | +34] 422 | +04] 16,786 | 15,720] 15,590 | 15,957
Transportation equipment . |... 15,434 | 15,270 | 15306 | +11] -02] +16] 15,655 | 13116 | 15,256 | 15,956
Instruments and related products 9096 | 9014] 8912] +09] 411 “1S | 9,152 | 9039 | 89 ;
Lumber, furniture and
miscellaneous durable goods . . . 10,900 | 10,845 | 10,936 | +05] -08 | +02] 10,707 | 10,406 | 10,508 | 10,769 -0.6
Nondurable goods industries... . .. 61,143 | 60,921 | 61,166 | +04] -04 | +02 | 61,040 | 60,795 | 61,062 | 62,642 26
Food and kindred products ....... | 11/595 | 11,593 | 11,642 00} 04] +407} 11412 | 11475 | 11493} 11,291 +11
Tobacco products... . seve] 4558 | 41305 | 43662 08} -14] 08} 4209 | 4292 | 4529 | 4'597 84
Textile mill products |. 222. . | 2,831 2,873 | 2/841 -1s | +lif +06 | 2,881 2896 | 2915 | 3022 47
Paper and allied products a 7.723 | 7,707 | 71678 | +02} +04] 04] 7681 77669 | 71652 | 8,080 -49
Chemicals and allied products °. 15,735 | 15,476 | 15,692 | +17] -14 | 404 | 15,820 | 15,574 | 13:786 ] 15,504 42.0
Petroleum and coal products : 3,265 | 3249] 3197] +05] +16] +09 | 3299] 3311 3,256 | 3,392 27
Rubber and plastics products |. | | 6913 | 6855 | 6845 | +08] +01 | +12 | 6972] 6823] 6845 | 6.849 +18
Apparel. printing, and publishing
and leather goods . . . 8523 | 8,573 | 8,609 06] 04] -07] 8,766] 8,755] 8586 | 9,907 | -11.5
WORK IN PROCESS
All manufacturing industries ..... | 147,020 | 146,609 | 147,793 | +03] -08 | -03 | 147,734 | 145,249 | 148,854 | 151,705 26
Durable goods industries... . - | 116,587 | 116,056 | 117,183 | +05] -10 |  -05 } 117,333 | 115,081 | 118,320 } 122,063 39
Stone, clay, and glass products. °  . 1,455 1,453 1416 | +01 | +26] +40 1.478 1484 11466 1,366 +82
Primary metals soovees | 8145 | 81195 | 8:294 06} -12] +16] 8250] 8170 | 8337 | 8,737 56
Fabricated metal products | 8973 | 8966 | 8.984 | +01 02 | +01 | 91073 | 8987 | 9,043 | 91182 “12
Industrial machinery and equipment | 21819 | 21,709 | 22,011 | +05] -14] -06| 21903 | 21'530 | 22365 | 22'743 37
Electronic and other
electrical equipment . . . . 14,045 | 14,160 | 14,430 08} -19 | +17 | 14,173 | 14,294 | 14,782 | 14,192 “0.1
Transportation equipment . : 46,890 | 46,294 | 46.610 | +13] -07 | 21 | 46.837 | 45,257 | 46,672 | 50/191 67
Instruments and related products . |: 9,887 | 9,901 | 10,004 “0.1 “1.0 | +03 | 10171 9,957 | 10,163 | 10,275 -10
Lumber, furniture and
miscellaneous durable goods... . . 5373 | 5,378 | 5,434 01] -10} +04] 5,448 | 5,402 | 5,492 | 5,377 +13
Nondurable goods industries . 30,433 | 30,553 | 30,610 02 | +09 | 30,401 | 30,168 | 30,534 | 29,642 +2.6
Food and kindred products : |... 6175 | 6,146 | "6,114 +05 | -03 | “5,640 |” 5,665 5,637 | 5,217 +8.1
Tobacco products ............ 82 82 82 00 -12 78 5 4 114] -316
Textile mill products 92220022) 2.476 | 2,490 | 2,518 -0.8 00 | 2490 | 2464 | 2,527 | 2,690 “74
Paper and allied products ©.) . 1,665 1,671 1641 +18 | +04 1,673 1691 1,667 1596 +48
‘Chemicals and allied products. 9160 | 9292 | 91541 26 | 452 | 9325 | 9397 | 91788 | 8:869 +5.
Petroleum and coal products. ..... | 2/598 | 2577 | 2/373 +02 | +01 2613 | 2586 | 2,664 | 2,594 +0.7
Rubber and plastics products ° . - 2299 | 2316 | 2.294 +10 | 0.6 | 2,264 | 2260 | 21277 | -2'174 +41
Apparel, printing and publishing
and leather goods . . 5,978 | 5,979 | 5,854 +21 31 6318 | 6,030 | 5,900 | 6,388 Al
FINISHED GOODS
All manufacturing industries ..... | 163,694 | 163,129 | 163,106 | +03 0.0 | +05 | 164,009 | 163,365 | 166,699 | 160,889 +19
Durable goods industries... 83,801 | 83,558 | 83,543 | +03 0.0 | +08 | 84,008 | 84,031 | 86.204 | 81,107 43.6
Stone, clay, and glass products -.. | 4,788 | 4.750 | 4771. | +08 | 04 | +17 | 4'22 | asa3. | “a’ogg | 4772 +10
Primary metals. a | 8155 | 8.121 8107 | +04] +02] +10] 81131 8.110 | 8,254 | 8.075 +0.7
Fabricated metal products |... 11490 | 11334 | 1619 | +14} 25] +02 | 11/543 | 11,609 | 12050 | 11,166 43.4
Industrial machinery and equipment 17,959 | 18,159 | 18323 ll | -09 | +12 | 17776 | 17,904 | 18808 | 18;146 20
Electronic and other
electrical equipment ........... | 10,671 | 10,924 | 10,830 23 | 109] 302 | 10g20 | thos | 11348 | 10.717 +10
Transportation equipment - : 10,126 | 10,032 | 9872 | +09] +16] +11 | 10229 | 10,127 | 10/059 109 | +123
Instruments and related products 7929 | 7,672 | 7,728 | +33] 0.7] -08 | 7,964 | 7667] 7,921 7 "455 +68
Lumber, furniture and
miscellaneous durable goods . . . 12,683 | 12,566 | 12,293 | +09} +22 | 422 | 12,723 | 12,753 | 12,776 | 11,667 49.1
Nondurable goods industries... . 79,893 | 79,571 | 79,563 | +0.4 0.0 | +02 | 80,001 | 79,334 | 80,495 | 79,782 +03
Food and kindred products: : |. | 20,079 | 20,298 | 20,426 Lt] 06 | +07 | 19,697 | 19,460 | 19,898 | 191825 -0.6
Tobacco products ....... _ 309 531 564 “411 59} +09 358 383 451 499 | -283
Textile mill products... ...-2.. | 4,726 | 4,744 | 4,699 04] +10] -11 4805 | 4,833 | 4,898 | 4,716 +19
Paper and allied products | 6664 | 6692 | 6,704 04] 02] +08] 6.651 6,706 | 6,898 | 6.837 27
Chemicals and allied products... | 22,104 | 21,813 | 21,696 | +13] +05 | +02} 21976 | 21/572 | 21,991 | 22,110 0.6
Petroleum and coal products. $199 | 4988 | 4936 | +42] +11 02 | 53344 | “Si088 | “5;120 | 5,080 $5.2
Rubber and plastics products... - 7,797 | 7,731 7,763 | +09) -04} +06] 7.787 | 71847 | 7.971 7,623 422
Apparel, printing and publishing
and leather goods . 12,815 | 12,774 | 12,775 | +03 00 | -04 | 13,383 | 13,445 | 13,268 | 13,092 42.2

P Preliminary‘ Revised


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

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
July June May| June-|_ May-] Apr. July June May July} July
1999" 1999" 1999} July} June} May 1999" 1999" 1999 1998] 99/98
All manufacturing industries 520,088 | 518,064) 521,638] +04 -0.7 05} 524,150] 515,003] 524,263] 531,291 “13
Manufacturing industries
without defense capital goods 426,177] 424,158] 426,663] —+0.5 06 +04} 430,429} 420,615] 428,054] 433,397 0.7
Durable goods industries 495,613] 493,888] 497,794] +03 -08 -0.6] 498,021} 490,254} 500,124) 505,568] -1.5
Stone, clay, and glass products. 6,056] 6,082] 6,134 -04 -08 07} 6111 6126] 6,184] 6,561
Primary metals. 31,432] 30,669} 30,140] +25] +18] = +10] 31,527] 30,683] 30,889] 32,088
Blast furnaces, steel mills 12,506) 12,343] 12,073] #13] 42.2] 42.0] 12578] 12,436} 12540} 13,303
Iron and steel foundries 4859] 4.838] 4,974] 40.4 27 28] 4.818] 4,822 5,033 5,516
Nonferrous and other primary
metals : 14,067} 13,488] 13,093] +43] 43.0] +15] 14131] 13,425] 13,316] 13,269] +6.5
Fabricated metal products 25,246] 25,308} 25,568) = -0.2] = 1.0] -0.8] = 25,575] 25,386] 25,677] 27,288] -63
Industrial machinery and equipment 79,117] 78,236] 79,109] #1.1 -11] +03] 78,606} 77,409} 79,222) 71.891] +93
Engines and turbines : 22,526} 22,175] 22,703] +1.6 23] +14] 22,062] 21,498] 22,017] 11491] +92.0
Construction, mining and
‘material handling equipment 8,990 9,088 9,336 eld 2.7 -1.0 8,856 9,168 9,627] 10,886]  -18.6
Metalworking machinery : 6,958] 6,681 6803] +41 18] +03 6,958] 6.681 6,803 7320) -4.9
Computer and office equipment . . 8,415 8,184 8068] +28 4} +10] 8,697 8181 8327) 8,085] +76
Electronic and other
electrical equipment. 67,884 66,145] 65,183] 42.6] +15] +04) 70,091] 63,193] 64,966] 60,454] +159
Electrical transmission and
distribution equipment and
industrial apparatus . 6.475 6.430] 6406] +0.7/ +04} +09] 6510] 6,421 6,501 6450] +09
Electric lighting and
wiring equipment . 5396] 5,299] 5,122} +18] 43.5 28] 5,396 5,299] 5,122 5,207] +3.6
Communications equipment 18,238] 18,113] 18,001] +0.7] +06 0.0} 18,203} 18,084] 17,993] 17,027} +6.9
Electronic components. . 31,912] 30,443] 29.864] +48) 419] 42.0) 34,257] 27,643] 29,627] 25,949] 432.0
Transportation equipment 230,506 | 231,745 | 235,273 -0.5 “15 -1.3| 230,417] 231,774] 236,056] 250,230 “19
Aircraft, missiles,
space vehicles, and parts 194,810] 195,163] 197,363 -02 “Ld 194,703 | 195,385} 198,327] 215,459 9.6
Shipbuilding and tanks . 19,117] 19,428] 20,063 “16 32 ~ 19,173] 19,500] 20,039] 17,485] +9.7
Instruments and related products 46,946] 47,223] 47,947 -0.6 15] +011 46,853] 47,080] 48,321] 48,595 “3.6
Search and navigation equipment 26,114] 26,461 26,570 “13 04 03] 26,066] 26,750] 26,848} 27,685 5.8
Measuring and controlling devices 10,328] 10,325] 10,372 0.0 0.5 04] 10,328} 10,325) 10,372) 10,257] +0.7
Medical instruments and supplies 9,652] 9,601] 014d] +05 34] 425] 9,592 9.152} 10.219] 9,618 -0.3
All other durable goods . 8,426 8,480 8,440 0.6 +0.5 2.8 8,841 8,603 8,809 8,461 +45
Nondurable goods industries . 24,475 | 24,176) 23,844] 41.2] +14] +19] 26,129] 24,749] 24,139] 25,723] +16

” 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
Juty| June} May | June-| May-| Apr-| July | June | May | July | July
1999 | 1999] 1999} July | June} May] 1999"} 1999" 1999} 1998} 99/98 | 19997 | 1998
‘All manufacturing industries ..... } 358,466] 351,128] 348,259] 42.1] +0.8] +1.0} 329,117] 370,797] 344,067] 306,253] +7.5]2,422,386 2,316,293
Manufacturing industries
with unfilled orders . . . 205,764] 197,692] 198,846] +4.1] -0.6  +1.1] 190,039] 209,737] 192,057] 176,841) +7.5) 1,383,511)1 324,673
without defense capital goods 351,807] 345,919] 342.240] +17] +1.1] — +0.7] 323,966] 365,884] 339,113] 302,334) +7.2] 2,379,767 [2,276,239
Durable goods industries ......... | 204,232| 197,084| 196,609] +3.6 +0.2]  +1.0] 178,663] 209,554] 192,553] 162,637] +9.9/ 1,372,615 1,288,050
With unfilled orders. . “| 467636] 1391927] 161/229] +4.8{ -0.8| +0.9] 151,824] 170,577] 155,239} 139,545] +8.8) 1,125,147]1,065,597
Stone, clay, and glass products... | 8.466} 8,527] 8388] -0.7] +17] +15] 8.610] 9.266) 8,566] 8,361] #3.0) 58,691) 55,343
Primary metals... ++ = 15585] 15:206] 14.811] +2.3| 42.7 40.3} 14,339} 15,295] 14.691] 12,753] +124] 104,764) 106.514
Blast furnaces, steel mills S791] 5.885] 5,862] -1.6] +04] +0.3) 5,286] 5,829] 5,825) 4,805 +10.0] 41,010] 43,581
Iron and steel foundries. . . 1'5s4]_ 1400] 1360| +110) +29) -10.0f 1,278) 1,425] 1,332] 1,089] +174] 10,184) 10.651
Nonferrous and other primary
metals... . ee} gato] 7,921] 7,589 +3.6| +44) 42.4) 7,775] 8,041] 7,534] 6,859] +134] 53,570] 52,282
Fabricated metal products ........] 207333] 20,284] 20,210) +02) +0.4) +0.7| 18,385] 21,509} 20,566) 18,222| +0 9] 141,845] 137,800
Industrial machinery and equipment. | 40.241) 36435] 37780] +104] -3.6 -4.5) 35,252} 42,284] 36,763) 32,179) 49.5] 264,352) 255,961
Engines and turbines sees Yio] 11942] 2816] +50.2| -31.0] 35.4] 2.437] 2,304) 2,733] 2,187] +114) 19,686) 14,134
Construction, mining and
material handling equipment ....) 3,719{ 3,621] 3,723] 42.7] 2.2] 3.8] 3,242] 3,900]. 3,627] 3,702] 124] 27.213) 30,900
Metalworking machinery : 3eg8] 3.427] 3.682) +135) -6.9) +2.0) 3.3471 3,797) 3,650] 2,980] #12.3) 24,062) 23,216
Computer and office equipment.) 13:372| 11/280] 11,619] +185] -2.9] *+0.5 11,155] 14,774] 10,414) 8,850) +26.0/ 77,905) 72.246
Electronic and other
electrical equipment... . . _....} 36819] 35,158} 34,067] +4.7] 43.2) -0.9] 37,406] 35,607] 30,303] 32,182] +162) 238,020) 212,722
Electrical transmission and
distribution equipment and
industrial apparatus ........ 3,983] 3,736] 3,872| +6.6] -3.5] +3.5|. 3,670] 3,995) 3,769| 3,377] +8.7| 26,422) 25,237
Electric lighting and
wiring equipment ...........-| 2,534) 2,686] 2,231] -3.7] +204) -S.9) 2,149) 2,789) 2,196) 1,852) +160) 16.331) AN)
Communications equipment . 8925] 8.640) 8,372] +33] +3.2) +2.1] 7,530) 10,145) 7,674) 5,332} +412 28} 48,437
Flectronic components... -| 15,526] 14308] 141or{ 485{ +14] -L9] 19,010] 12,566) 11,459] 17,083) +11.3] 101.937) 89,004
‘Transportation equipment : 47215) 46253] 45.728] +21] +11] +9.9] 31,384) 47,846] 46,165) 27,428] +144] 319,684) 290,816
Aircraft, missiles,
space vehicles, and parts... . - 10,880{ 9,117} 10,377) +160] -12.1) +43.7] 8,649} 9,138] 9,237] 8,432) +26] 71,251} 71,609
Shipbuilding and tanks. . 668] 275579] 142.9) -52:5] -9.4f 576] “4321 548) 285] 102.1] 6,428] 5,346
Instruments and related products |... { 14,183) 13,887} 143701 +21] 3.4 -3.1] 12,749] 14,925] 14,055] 12,623) +1.0} 98,109) 94,721
Search and navigation equipment Yoor] 3.001} 3107] -6.1) -0.5] -12.1] 2,231) 3,363] 2,835] 2,129) +4.8] 21.327) 19,164
Measuring and controlling devices 4142) @o7i} 4031] +17] +10] -0.4| 3.655] 4.388) 4,013] 3,698] 12] 28,381) 27,667
Medical instruments and supplies 4780| 4400) 5,006] +86) -12.1] +0.1] 4,690) 4,498] 4,970] 4.809] -2.5] 32,850) 32,016
All other durable eoods-...-..-.-| 21/420} 21334] 21.255] +0.4] +04] +02] 20,538] 22,8221 21,444) 18,889] +8.7) 147,150) 134,173
Nondurable goods industries .......| 154.234] 154,044] 151,650] +0.1] +16 +0.9f 150,454] 161,243] 151,514] 143,616] +4.8) 1,049,771)1,028.243
With unfilled orders... - : 38128] 37.763] 37.617] +10] +04) 42.3) 38,215] 39,160] 36,818] 37,296] +25] 258.364) 259.076

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

(x) 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 do
increase from the prior month to the current month.

Note : Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision, One major component of survey error is nonsampling
whhl inelidee errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated, Furl
duly Un '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 FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted’
Monthly Percent Change Monthly Percent Year to date
Industry change
July | June} May | June- | May-] Apr-| July} June | May | July | July
1999" 1999" 1999} July | June} May 1999" 1999" 1999 1998 | 99/98 1999" 1998
All manufacturing industries . | 356,442] 354,702] 350,624] +0.5]  +1.2)  +0.9} 319,970] 380,057) 349,625} 302,131 $5.9] 2,411,222 [2,316,560
Manufacturing Industries
with unfilled orders . +++] 203,740] 201,266] 201,211 +12) 0.0} +1.0) 180,892] 218,997] 197,615] 172,719) +4.7| 1,372,347 |1,324,940
without defense capital goods . | 349,788] 348,424] 343,955] +04] +13) +0.9) 314,152] 373,323] 343,142) 296,440 +6.0} 2,366,611 |2,272,184
Durable goods industries... . 202,507} 200,990] 199,425] +0.8] +0.8}  +1.1) 170,896] 219,424] 198,773] 158,992] 47.5 | 1,364,634 |1,288,816
With unfilled orders ..... 165,911} 163,833] 164,045} +13 0.1) +1.0] 144,057] 180,447] 161,459] 135,900] +6.0] 1,117,166 |1,066,363
Stone, clay, and glass products . . 8,492) 8,579) 8,431 -1.0] +18) 40.7} 8,625 9,324 8,629] 8,249 +4.6 58,651 54,958
Primary metals -. . 14,792] 14,677] 14,526} +0.8) +1.0} +2.1] 13,495] 15,501) 14,894) 13,580) 0.6] 102,084} 108,764
Blast furnaces, steel mills. . 5,628) 5,615] 5,626] +0.2 0.2) 42.1 5,144] 5,933] 5,780) 5,460) 58 39,467] 44,636
Iron and steel foundries... 1,533) 1,536} 1,504) 0.2) +21) +0.6) 1,282| 1,636 1,581 1,240} +34 10,718} 10,611
Nonferrous and other primary
metals... 6.2... 7,631 7,526} 7,396} +14) +18] +24) 7,069) 7,932 7,533 6,880) +27 51,899] 53,517
Fabricated metal products . 20,395} 20,544] 20,411 -0.7)  +0.7 0.0} 18,196} 21,800) 20,751] 18,129) +0.4] 141,704] 136,862
Industrial machinery and equipment 39,360] 37,308] 37,519] +5.5] 0.6 +0.1} 34,055] 44,097) 36,517) 32,255 +5.6) 260,187] 257,495
Engines and turbines... . 2,565) 2,470] 2,498) +3.8) -11) +39) 1,873) 2,913) 2,510 1,608] +165 16,349] 15,177
Farm and garden machinery ... . 1,763} 1,763 1,807 0.0) 24) -5.3) 1,434 1,805] 2,149] 1,669 141 14,841 16,355
Construction, mining and
material handling equipment . 3,817] 3,869} 3,814) -1.3) +14] -3.2) 3,554) 4,359) 3,833) 4,188 15.1 27,990] 30,380
Metalworking machinery . . 3,611 3,549] 3,663) +1.7] 3.1] +64] 3,070) 3,919} 3,631 2,932 +47 23,550] 23,045
Computer and office equipment . . 13,141] 11,164) 11,536) +17.7 3.2 -2.0] 10,639] 14,920] 10,002 8,687] +22.5 77,149) 71,793
Electronic and other
electrical equipment sea 35,080] 34,196] 33,836] 42.6} +1.1)  +0.5] 30,508] 37,380) 32,345) 27,019} +12.9] 225,735} 205,574
Electrical transmission and
distribution equipment and
industrial apparatus . 3,938! 3,712 3,817] +6.1 2.8) +23) 3,581 4,075 3,735] 3,392) 45.6 26,093] 25,305
Household appliances ..... 2416) 2,347] 2,343) +2.9] 40.2) -2.5) 2,267) 2,729 2,341 2,041f +111 16,480] 14,453
Electric lighting and
wiring equipment oe . 2,437) 2,509] 2,378] -2.9] -+5.5) +43) 2,052 2,612) 2,343) 1,882 +9.0 15,957} 15,131
Household audio and
video equipment . wee . 1,126 1,078) 1,092} +4.5 13) +08) 998) 990) 946) 898] +11 6,718 6,400
Communications equipment . 8,800] 8,528 8,374| 43.2) +18) +16) 7,411) 10,054 7,669 5,664) +30.8 $4,382} 45,741
Electronic components . . 14,057} 13,726] 13,527] +2.4) +15] -0.9} 12,396} 14,550) 11,412 +8.6 91,335] 84,595
Transportation equipment ..... . 48,454) 49,781) 48,891 -2.7) +18] 42.4) 32,741] 52,128) 28,518} +14.8] 331,851] 295,103
Motor vehicles and parts .. . -| 34,141] 34,813] 32,717] -1.9| +64] +1.6] 20,447) 36,080) 16,637] +22.9} 227,899] 199,960
Aircraft, missiles,
space vehicles, and parts. . 40,933} 11,317) 12,741 34) -112) +4. 9,331] 12,080 9,374 0.5 80,556] 74,270
Shipbuilding and tanks . . . 979] 910) 999) +7.6) 8.9 +5.5] 903 971 832 +85 6,577 6,291
Instruments and related products . 14,460] 14,611] 14,309) -1.0) +21) +0.7) 12,976} 16,166) 12,608] +2.9 98,441} 96,255
Search and navigation equipment 3,248 3,200) 3,200) +15 0.0) +2.9} 2,915] 3,461 2,753 +59 21,689] 20,722
Measuring and controlling devices 4,139) 4,118 4,077) +05} +10) -0.1 3,652] 4,435) 3,565 +24 28,238] 28,263
Medical instruments and supplies 4,729) 4,943, 4,761 43) 43.8) +11 4,250] 5,565) 4,076] +43 32,844) 30,822
Photographic goods . 1,883} 1,873) 1,780) +05) +5.2) 0 -2.1 1,708) 2,176) 1,763) a 12,297] 13,251
All other durable goods 21,474) 21,294) 21,502] +0.8 -1.0) +17] 20,300) 23,028 18,634 +8.9] 145,981] 133,805
Nondurable goods industries . . . 153,935] 153,712] 151,199] +01]  +1.7]  +0.6) 149,074] 160,633) 150,852) 143,139] +4.1| 1,046,588 ]1,027,744
With unfilled orders cee 37,829] 37,433] 37,166} +1.1] +0.7} +09) 36,835} 38,550] 36,156} 36,819] 0.0] 255,181] 258,577
Food and kindred products 41,485] 42,055] 41,494] -1.4) +14] +191 39,850] 43,209] 41,560) 39,068] +2.0| 285,945] 279,490
Meat products sees 8,770] 9,040) 8,700] -3.0]  +3.9) +1.2[ 8,726} 9,345) 8,866] 8,591 +16 60,339] 60,312
Dairy products .... 2... 6,367) 6,475 6413] -1.7[ +10} +5.2) 6,050] 6,668) 6,447 5,976! +12 44,794] 41,850
Beverages ... 6,351 6,324 6,260] +04} +1.0) -0.9) 6,682 7,183 6,675) 6,378 +48 44,135) 42,571
All other foods, ‘except fi fats ‘and oils 18,280] 18,398] 18,317] -0.6] +04] +2.3] 16,675] 18,195) 17,768) 16,177 +3.1] 123,679] 120,238
Tobacco products . . 4.267) 4,230] 4,063] +0.9) +41 -0.2) 4,157) 4,501 4,072 3,357, +23.8 28,950] 23,575
Textile mill products . 6,544 6,447) 6,533] +15 -13] -0.4) 6,043) 7,019} 6,610 6,292 4.0 44,754] 47,261
Broadwoven fabrics and
other textiles. settee eee 3,711 3,732| 3,761 0.6) 0.8) -0.6) 3,235) 4,034 3,829] 3,596 10.0 25,895] 28,890
Paper and allied products wae 13,611] 13,460] 13,394] 41.1] 40.5] +0.1] 13,333) 14,038] 13,258] 13,580) 18 93,942} 97,124
Pulp, paper, and
paperboard mill products . . $,201 5,192) 5,043} +0.2] +3.0/ -04) 5,162) 5.366] 4,942 “17 35,857| 37,784
Paperboard containers and boxes 3355] 3.329] 3.268} +08] +19} -0f 3.271] 3,439) 3.297 -9.0| 23.263] 25,371
Miscellaneous converted
paper products .. . 5,055) 4,939) 5,083] +2.3) -2.8[ +1.0) 4,900) 5,233 5,019) 43.5 34,822] 33,969
Chemicals and allied products 34,313] 34,483) 33,580] -0.5] +2.7] 0.0] 32,686} 36,988) 33,721 +5.7| 236,785} 230,098
Industrial chemicals . 15,282} 15,070] 14,657] +14) +28) +14] 14,966] 16,047] 14,787) 43.4] 104,728| 107,682
Drugs, soaps, and toiletries 15,213] 15,446] 15,100} -1.5] +23) -1.6| 14,174] 16,369] 14,050) +9.0) 102,313} 92,169
Petroleum and coal products . 14,565] 13,703] 13,045] +6.3)  +5.0) 0.0} 15,142] 14,467] 13,758) +218 87,978] 86,853
Rubber and plastics products . 13,354] 13,609] 13,484] -1.9] +09} +0.3) 12,324) 14,495] 13,865 +14 95,112] 92,339
All other nondurable goods. . 25,796] 25,725] 25,606) +0.3| +0.5] +0.4] 25,539] 25,916) 24,008] 25. 329) +0.8) 173,122] 171,004

T Preliminary. Revised