Table 4. VALUE OF MANUFACTURERS’

INVENTORIES FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted

‘Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Apr. Mar. Feb.] Mar-]  Feb-| — Jan.- Apr. Mar. Feb. Apr} Apr.
1994" 1994" 1994] Apr} Mar.| Feb. 1994" 1994" 1994 1993} 94/93
All manufacturing industries 380,672] 379,772] 380,068} — +0.2 -0.1} 40.3] 382,348] 379,434] 381,699} 382,062} +0.1
Manufacturing industries
with unfilled orders 252,293] 251,291] 251,686] +04 02] 40.4] 253,813] 250,539] 251,942] 252,355] +0.6
without defense capital goods 354,990 | 354,182] 353,586 40.2] +02] +04] 356,643] 353,981] 355,522] 353,433] +09
Durable goods industries 239,107] 238,195] 238,832] +04 -03] 40.3] 240,266] 238,002} 239,966] 238,331} +0.8
With unfilled orders 218,961 | 217,988] 218,445] +04 02] +04] 220,047] 217,191] 218,748] 218,745} — +0.6
Stone, clay, and glass products 7,548 7,546 7,812 0.0 40.5 -0.6 7,728 7,702 7,106 7,931 2.6
Primary metals - 19,521] 19,552} 19,547 02 00] +03) 19514] 19,401} 19,538] 19,119} 42
Blast furnaces, steel mills 9,451 9,496 9,554 0.5 0.6 0.0 9,281 9,297 9,586 9,262 +0.2
Iron and steel foundries 1,454 1,455 1,431 0.1 +17 +0.5 1,505 1,498 1,453 1,425 +5.6
Nonferrous and other primary
metals 8,616 8,601 8,562} +0.2{ +05] +06 8,728 8,606 8,499 8,432] 43.5
Fabricated metal products 22,933 | 22,850] 23,144] +04 -13] +04] 23,139] 23,079] 23,304] 23,399 “ld
Industrial machinery and equipment 47,886 | 47,478] 46990{ +09] +10] +08] 47,945] 47,000] 47,303] 44,838] +69
Engines and turbines 3,569 3,538 3,501] +09 HL] +03 3,608 3,430 3,416 3591] +05
Farm and garden machinery 2,433 2,412 2,441 +09 12 -15 2,392 2,516 2,659 2,191 +9.2
Construction, mining and
material handling equipment 5,738 $,702 5593] +06] +19 -0.5 5,824 5,790 5,669 5,979 2.6
Metalworking machinery 5,403 5,266 5,293] +26 0.5]  +0.5 5,452 5,200 5,299 5214] +46
Computer and office equipment 11,874] 11,682} 11,455] +16] +20) 42.5] 11,684] 11,150] 11,341 9,761] +19.7
Electronic and other
electrical equipment 35,482] 35,004] 34,710] +14] 40.8} = $1.2] 35,953] 34,871} 34,628} 32,621] +10.2
Electrical transmission and
distribution equipment and
industrial apparatus 4,274 4,268 4,239 40.1 +0.7 0.2 4,348 4,259 4,216 4,461 25
Household appliances . 2,572 2,577 2,624 02 -18 03 2,762 2,690 2,716 2,759} +0.1
Electric lighting and
wiring equipment . 2,948 2,972 2,983 08 04) +11 2,992 2,976 2,937 2,906]  +3.0
Household audio and
video equipment 1,062 1,051 1,037] +1.0f +14] +11 1,040 1,006 996 1,030} +1.0
Communications equipment 10,230 9,944 9790) 429] +17] +471 10384 9,867 9,767 8,203] +266
Electronic components 11,155] 10,981] 10,853} $1.6 +12 -0.7| 11,144] 10,886} 10,808 9,873] +129
Transportation equipment . 60,472] 60,399] 61,346] +0.1 “15 0.9} 60,470] 60,516] 61,795} 65,573 -18
Motor vehicles and parts . 11,643] 11,654] 11,636 O01} +02] 405] 11,528] 11,663] 11,883} 11,318] +19
Aircraft, missiles,
space vehicles, and parts. . . 44.661| 44,569] 45,577] +02 22 -13] 44,770] 44,625] 45.657} 49,877
Shipbuilding and tanks 1,627 1,632 1,587 03 42.8 +15 1,642 1,616 1,585 1,813
Instruments and related products 21,796 21,816 22,004 0.1 0.9 +0.5 21,944 21,661 21,885 23,094
Search and navigation equipment 5,687 5,661 5,756|  +0.5 17] 42.0 5,719 5,558 $,723 6,198
Measuring and controlling devices 6,450 6,476 6,470 04] +01] +03 6,489} 6,470 6,446 6,696
Medical instruments and supplies 6,137 6,134 6,128 00) +01] +0.1 6,149] 6,087 6,095 6,362
Photographic goods 2,726 2,746 2,845 -0.7 3.5 -0.5 2,770 2,743 2,812 3,040
Alll other durable goods . 23,469] 23,550] 23,579 03 -O.1} +10] 23,573] 23,772] 23,807] 21,756
Nondurable goods industries . . 141,565} 141,577} 141,236 0.0 +0.2 +0.4{ 142,082} 141,432] 141,733] 143,731
With unfilled orders 33,332| 33,303] 33,241] +01) +02] +04] 33,766{ 33,348] 33,194] 33,610
Food and kindred products 30,434] 30,357 30,030] +03) = +11 0.2] 29,694] 29,833] 30,112] 29,210
Meat products... .. _ 3,346 3,258 3,264] $2.7 02) +02) 3,443 3,304 3321 3,128
Dairy products 2712 2,699 2,704] +05 -0.2 0.4 2,753 2,631 2,606 2,793
Beverages ......... $317 5319 5,369 0.0 -0.9 0.5 5,349 5,306 5,353 5,370
All other foods, except fats and oils 17,157 17,184 16,951 0.2 +14 03 16,196 16,616 17,021 16,419
Tobacco products ..... : 5,993 6,104 5,912 -18 43.2 -19 6,041 6,187 6,249 6,697
Textile mill products 9,701 9,690 9648] +01] +04 0.0 9,937 9,726 9,781 9,457
Broadwoven fabrics and
other textiles . 3,434 5,406 5403] +05) +01} +02 5,570 5,439 5,513 5450] +22
Paper and allied products 13,464] 13,459] 13,463 0.0 0.0} +05] 13,745] 13,630] 13,626] 13,800 -04
Pulp, paper, and
paperboard mill products 5,822 5,834 5,798 0.2 +06 40.1 5,921 5,921 5,877 5,724 +34
Paperboard containers and boxes 3,179 3,161 3,154 +0.6 +0.2 43.5 3,214 3,201 3,201 3,272 -18
Miscellaneous converted
paper products . . . . 4,463 4464] 4511 0.0 -10 -09 4610] 4,508 4,548 4,804 4.0
Chemicals and allied products” 34,125 34,031 34,218 +03 0.5 40.71 34,472] 34,379] 34,701 35,240 2.2
Industrial chemicals 16,099 16,061 16,311 +0.2 “1.5 04 16,147 16,183 16,570 17,306 6.7
Drugs, soaps, and toiletries 13,587 13,557 13,515 +0.2 +03 H19 13,696 13,444 13,383 13,368 42.5
Petroleum and coal products 10,194} 10,207} 10,181 0.1] +03] +20] 10,156 9 992 9,858] 11,740] -13.5
Rubber and plastics products 12,392 12,399 12,406 -0.1 -0.1 40.8 I 12,599 12,108 +3.6
All other nondurable goods 25,262 25,330 25,378 03 0.2 +03 25, 1 24,807 25,479 +0.1

Preliminary. ‘ Revised

Sce note at end of table 2 relating to survey variability.


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

320 320
New Orders

300} - --------- rrr rrr rrr Shipments |—1 300

280} - ----------- rrr 280

260 260

240 240

220 1 i 1. it 1 1 1 4 L it L 1 1 220
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr

Apr. 1992 - Apr. 1994

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 4.2
24F----- rrr rrr rrr tre vos | 4.1
2.3 4
2.2 3.9
2.1 3.8
2 3.7
1.9 3.6
1.8 3.5
1.7 3.4
1.6 3.3
1.5 3.2
1.4 3.1
1.3 3
1.2 1 1 1. i 1 in 1 it 1 L 1 it 1 2.9

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr
Apr. 1992- Apr. 1994

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
Apr. Mar. Feb. | Mar- | Feb- | Jan Apr. Mar, Feb. Apr. | Apr.
1984" 194° 1994 | Apr. | Mar. | Feb. 1994" 194° 1994 1993 | 94/3
UNFILLED ORDERS
All manufacturing industries 447,080 | 446,398 | 446,204 | +0.2 0.0 0.0 | 452,097 | 450,254 | 448,764 | 471,192 41
Market categories
Automotive equipment . 1,985 1,966 1,951 +10] +08] +01 2,016 1,992 1,994 1,639 | +23.0
Home goods and apparel 10,459 | 10,408 | 10,225 | +05] +18] +01 | 10,881 | 10,462 | 10,109 | 10,719 +15
Consumer staples . 1,439 1,425 1403} +10] +16 -0.4 1,419 1,407 1,395 1,379 429
Machinery and equipment 181,661 | 181,989 | 182,553 0.2 03 +0.1 | 182,280 | 182,352 | 183,226 | 190,308 42
Business supplies 5,624 5,602 5476} +041 423] +14 5,663 5,671 5,420 5,668 -0.1
Construction materials
and supplies 14,732 | 14,639 | 14,282 +0.6 42.5 +0.7 | 14,930 | 14,711 14,214 | 15,053 0.8
Defense products 107,129 | 108,203 | 110,246 10] -19 -0.6 | 108,387 | 110,011 | 111,294 | 122149 | -113
Other materials, supplies and
and intermediate products 124,051 | 122,166 | 120,068 | +15 | +17 | +0.2 | 126,521 | 123,648 | 121,112 | 124,277 +18
Durable goods industries :
Nondefense capital goods ° 199,662 | 199,715 | 200,019 0.0} -02 | +03 | 200,028 | 200,014 | 200,972 | 208,956 43
Excluding aircraft and parts 81,450 79,812 77,630 +21 42.8 +12 81,816 80,111 78,583 71,712 +141
Defense capital goods * 113,078 | 113,900 | 116,137 07 -19 -0.7 | 114,477 | 115,681 | 117,089 | 128,705 | -11.1
Durables excluding capital goods 110,784 | 109,653 | 107,594 | +10] +19 -0.2 | 113,490 | 111,160 | 108,689 | 110,216 43.0
Miscellaneous series :
Producers’ durable equipment 210,573 | 210,401 | 210,071 +0.1 40.2 +0.1 | 211,635 } 211,022 | 211,014 | 213,955 om
Household durable goods .. . . 5511 5,647 5,619 24) +05 +12 5,889 5,679 5,619 5,810 +14
Information technology industries . | 33,484 | 33,032 | 32.422 | +14] +19] +403 | 33.402 | 32824] 32250] 31413 +63
Health care equipment
and products ....... 7,121 7,298 7,477 24 24 23 7,121 7,298 14716 8,192 -13.1
TOTAL INVENTORIES
All manufacturing industries 380,672 | 379,772 | 380,068 | +02] -0.1 | +0.3 | 382,348 | 379,434 | 381,699 | 382,062 +01
Market categories
Automotive equipment ....... 6,032 6,062 6,078 05] -03 0.5 6,026 6,157 6,314 6211 3.0
Home goods and apparel 30,678 | 30,778 | 30,822 03 0.1 | 40.7 | 31,154 | 30,681 | 30,604 | 30,171 433
Consumer staples ._ $7,784 | 57,788 | 57,392 00} +07] +03 | 57,262 | 57,071 | 57,362 | 58,610 23
Machinery and equipment ....... 89,994 | 89,367 | 89,088 | +07] +03} +05 | 90537 | 89,073 | 89.778 | 88,659 42.1
Business supplies 21,101 | 21,046 | 21,100 | +03 0.3 | 40.5 | 21,285 | 21,071 | 21,064 | 21,766 22
Construction materials
and supplies ..... 24,316 | 24,462 | 24,489 06] -01 | +03 | 24,638 | 24,861 | 24,764 | 23,694 +4.0
Defense products 24,594 | 24,543 | 25,187 | +02] -26 -0.4 | 24,653 | 24,439 | 24,951 | 27,052 8.9
Other materials, supplies and
and intermediate products ..... . 126,173 | 125,726 | 125,912 | +04} -0.1 | +03 | 126,793 | 126,081 | 126,862 | 125,899 +0.7
Durable goods industries
Nondefense capital goods * 84,986 | 84,223 | 83,712 | +09] +06] +05 | 85,480 | 83,622 | 84,002 | 93,324 +26
Excluding aircraft and parts 59,257 | 58,570 | 57,884 +12 +12 +14 | $9,637 | 57,862 | 57,876 | 54,847 +8.7
Defense capital goods ‘ . ++ | 25,682 | 25,590 | 26482] +04] 34 -0.4 | 25,705 | 25,453 | 26,177 | 28,629 | -10.2
Durables excluding capital goods 128,439 | 128,382 | 128,638 0.0) -02 | +02 | 129,081 | 128,927 | 129,697 | 126,378 42.1
Miscellaneous series :
Producers’ durable equipment 144,845 | 144,240 | 144,044 | +04] +01 | 40.7 | 145,682 | 143,955 | 144,945 | 142,662 421
Household durable goods 13,574 13,616 13,722 03 0.8 +13 13,700 13,576 13,708 13,277 43.2
Information technology industries . 32,038 | 31,650 | 31,380 +12 +0.9 +2.3 | 32,075 | 31,012 | 31,183 | 28,759 +15
Health care equipment
and products . . 13,515 | 13,496 | 13,467 | +01] +02] +t1 ] 13,87 | 13,390} 13,365 | 13,620 02

See footnotes at end of table 5

See note at end of table 2 relating to survey variability.


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

Apr.| Mar.| Feb. | Mar-| Feb.-| Jan-| Apr. | Mar.] Feb. | Apr. | Apr.
19947 | 1994") 1904] Apr. | Mar.] Feb.| 19947] 19947] 1994] 1993 | 94/93 | 19947 | 1993

SHIPMENTS
Ail manufacturing industries... . . } 273,720} 274,497] 271,815] -0.3)  +1.0) +1.3] 272,511] 288,084) 268,436) 253,519} +7.5| 1,070,209 }1,002,392
Market categories
Automotive equipment . . . 13,566] 13,588] 13,984| -02} -2.81 +1.) 14,585] 14,561] 14,795] 12,620] +15.6] 56,466} 48,534
Home goods and apparel... ....} 18971) 18952) 18232] +0.1] +39] +1.6] 17,836) 19,498) 18,254) 16,080] +10.9] 71,169} 66,116
Consumer staples... “| ss'a64| 58,011] 58.280] +0.8| -0.5} +1.0| 56,169] 59,071] 56,036] 54,718] +2.7| 224,106) 219,821
Machinery and equipment .. . - 47875| 48,649] 48,043] 1.6 +13) +2.9] 47,355] 53,795] 47,085) 42,371] +11.8] 188,235) 168,253
Business supplies “| 20:83] 20,464] 20,115] +0.1] +17] 42.2) 21,015] 20,875] 19,779} 19,852] +59] 79,815] 76,718
Construction materials
and supplies... .. .. | 17,222] 17,778] 17,427} -0.3] +2. +06 17,881] 18,096] 16,584] 16,340] +9.4] 67,524) 62,213
Defense products ........-..-| 7322) 7,438) 7,327) -1.6] +15] -3.3] 6,904) 7,815] 7,032] 7,275] 5.1] 27,971) 29,447
Other materials, supplies and
and intermediate products .. . . 89,317] 9,617] 88,407] -0.3| +14] +0.9} 90,766] 94,373] 88,871] 84,263) +7.7] 354,923] 331,290
Durable goods industries :
Nondefense capital goods * 35,844] 36,431] 35,792) -1.6]  +1.8] 42.9] 34,117] 41,231] 34,2431 30,813) +10.7] 138,480] 125,313
Excluding aircraft and parts... | 31.215} 30,898] 31,091) +1.0[ 0.6 +5.0] 29.631] 34,997] 29,775] 25,367| +16.8) 119,340] 103,883
Defense capital goods * . 6961} 7,139} 6936] -25| +29] -4.1] 6,466] 7,467] 6,584] 6,988] -7.5} 26,326) 28,404
Durables excluding capital goods . | 103,690] 103,818] 103,532] -0.1] +03) +0.8) 106,340] 109,511] 104,852] 95,367] +11.5] 413,667) 370,764
Miscellaneous series
Producers’ durable equipment ....} 94,516{ 95,251] 94,893 -0.8]  +0.4] +19) 94,779] 104,113] 95,049] 84,596] +12.0) 375,967] 335,084
Household durable goods ......-| 7:977| 7,884] 7,694] +12] +2.) 40.7] 7,711] 8,407) 7,580] 6,915] +11.5] 30,259) 28,074
Information technology industries 17341} 17304] 16858] +02] +26] +24! 15,381} 19,642] 15,506] 12,875] +19.5] 64,049] 54,817
Health care equipment
and products 3493) 3.494 8.241) 0.0] 43.11 0.1 8,167] 8,897] 8,041] 7,771] +5.1] 33,046] 32,077
NEW ORDERS
All manufacturing industries ..... | 274,402} 274,691] 271,786] -0.1] +1.1]  -0.3} 274,354] 289,574] 270,065] 251,370] +9.1) 1,083,948 1,001,398

Market categories

Automotive equipment .... - | 13,584] 13,603] 13,986} .1 -2.7]| +1.0} 14,609] 14,559] 14,821] 12,609] +15.9 56,580] 48,588
Home goods and apparel... 19,022} 19,134) 18.241 $4.9] +0.9} 18,254} 19,851] 18,662} 16,313) +119 73,387) 68,245
Consumer staples . . . 58,478] 58,033} 58,275) 0.4] +1.1] 56,181] 59,083] 56,004) 54,703 +2.7] 224,049} 219,761
Machinery and equipment 47,548] 48,085] 48,189] -0.2) 0.3] 47,283] 52,921] 47,586} 40,510] +167] 190,292] 161,056
Business supplies ... . a 20505] 20,590] 20,192] -0.4) 42.0, +2.7] 21,007] 21,126) 19,885} 19,762) +63 80,110] 76,698
Construction materials

and supplies veceveseesss} 17,815] 18,135] 17,529] -1.8] 43.5] +1.2) 18,100] 18,593) 16,842) 16,333] +10.8 68,579] 62,939

Defense products oe 6,248) 5,395 6,689) +158} -193] -21.61 5,280] 6,532 $5,929] 6,385} -17.3. 25,449] 28,260

Other materials, supplies and

and intermediate products . .|, 91,202] 91,716] 88,685] -0.6} +34] -0.5| 93,640] 96,909] 90,336] 84,755] +10.5] 365,502) 335,851
Durable goods industries

Nondefense capital goods *......} 35,791) 36,127) 36,382] -0.9] 0.7] -0.7] 34,131) 40,273) 35,117) 28,926) +18.0) 141,171) 117,085

Excluding aircraft and parts 32/853] 33,080] 32,031] -0.7] +3.3]  +5.3] 31,336) 36,525] 30,999) 26,001} +20.5 125,498] 105,335

Defense capital goods‘... 6,139} 4,902) 6,136 425.2) -20.1] -20.7] 5,262] 6,059] 5,351 6,034) -12.8 23,665] 27,329
Durables excluding capital goods 104,821] 105,877] 103,364] -1.0]  +2.4) — -0.8) 108,670 111,982) 106,220) 95,861 +13.4] 424,005} 377,819

Miscellaneous series

Producers’ durable equipment 94,688] 95,581] 95,046] -0.9] +06] -0.2| 95,392] 104,121] 95,664) 82,968] +15.0] 381,459] 330,665
Household durable goods “| aig} 71912) 7,628] -0.9] 43.7] +0.5] 7,921] 8,467] 7,698) 7,360) +7.6| 31,313] 29,458
Information technology industries 17.793] 17.914] 16,951] -0.7] +5.7] +35) 15,959] 20,216] 15,652) 13,524) +18.0) 65,365 55,114
Health care equipment

and products ......... 20.45 8,316] 8315] 8,064) 0.0] +3.1] -4.2| 7,990] 8,719] 7,863) 7,638) $4.6] 32,680] 31,818

» Preliminary. * Revised.

‘ Topical series are regroupings of the separate industry categories.
2 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.

* Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and material
handling equipment: metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and service

industry machmery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engines
and parts; ships and tank components; railroad equipment; and search and navigation equipment.

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

See note at end of table 2 relating to survey variability.


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio"
Industry Apr. Mar. Feb. Jan, Apr. Mar. Feb. Jan,
1994" 1994" 1994 1994 1994? 1994" 1994 1994
All manufacturing industries . 139 138 1.40 141 3.05 3.03 3.07 3.1
Durable goods industries. . 1.63 1.62 1.63 1.65 3.65 3.63, 3.69 3.73
Stone, clay, and glass products . 112 113 119 121 1.20 118 1.25 1.26
Primary metals -.. 22.0.0... 0s 1.60 1.60 161 1.65 198 197 1.90 192
Fabricated metal products 1.53 152 156 154 1.45 145 144 1.43
Industrial machinery and equipment 182 179 178 1:86 234 2.27 222 229
Electronic and other ,
electrical equipment ...... 161 1.63 1.63 1.63 2.14 215 2.16 2.20
Transportation equipment...) .... . 1.60 1.55 158 139 11.52 10.95 11.47 11:23
Instruments and related products... - 2.01 2.02 2.03 2.03 435 4.62 4.67 471
Nondurable goods industries Lu ian 1.12 1.14 0.77 0.76 0.74 0.74
Food and Kindred products . 0.87 0:84 0.84 0.86 (X) (X) (x) (X)
Tobacco products ..... . 1.80 2.77 1.84 1,78 (X) (xX) (X) (xX)
Textile mill products... 0.22. | 1.62 1:38 1.60 1.65 (NA) (NA) A) (NA)
Paper and allied products . : 124 124 124 1.26 (NA) (NA) (NA) (NA)
Chemicals and allied products. :  . 123 123 1.28 128 &) & &) (X)
Petroleum and coal products 0.86 0.87 0.88 0.90 & &) fe) &)
Rubber and plastics products 134 1:33 138 139 ) &) &) ()

° 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
Apr. Apr. Apr. Apr.
Apr? | 1993- Apr? | 1993- Apr? | 1993- Ap 1993-
Apr.) | 1989-| Mar. | Apr. | 1989- | Mar. | Apr.' | 1989- | Mar. | Apr.’ | 1989- | Mar.
1994} 1993 | 1994} 1994] 1993] 1994] 1994} 1993] 1994] 1994} 1993] 1994
All manufacturing industries .. . . . (x) 01 02 (x) 02 02 () 0.0 01 &) 0.0 01
Durable goods industries vee 0.0 02 03 0.2 03 03 0.0 0.0 01 (xX) 01 01
Stone, clay, and glass products ... . . (es) 13 0.5 (X) 19 10 (%) 09 06 & 01 Ol
Primary metals... . . sees 0.0 02 03 0.0 16 10 0.0 04 04 &) 02 OL
Fabricated metal products : es) 05 04 (x) 06 04 (x) 02 04 (Xx) 01 04
Industrial machinery and equipment 0.4 0.6 05 0.0 09 0.6 03 01 01 (X) O41 0.1

Electronic and other

electrical equipment... . : -0.1 03 02 0.1 07 0s 0.1 0.1 02 & O41 0.
Transportation equipment . . . 02 03 04 -0.1 06 09 0.0 0.0 O. &) 01 0.1
Instruments and related products . . () 02 02 (x) 0.6 23 (x) 0.1 0.5 (xX) 01 0.2
Nondurable goods industries... .. on) 0.1 02 & Ol 1 (x) 05 04 (e9) 0.0 O4
Food and kindred products»... .. . &) 01 02 (x) (&) & &) (0) fe) () 02 O1
Tobacco products ...... . (xX) 03 0.1 (xX) (x (xX) (X) (X) (X) (xX) 01 01
Textile mill products ......... (x) 07 03 (x) | (NA) (x) | NA) | (NA) (x) 03 0.2
Paper and allied products . . . (xX) 04 02 (X) | (NA) | (NA) (X) | (NA) (NA) (X) 0.2 0.1
Chemicals and allied products . &) 0.2 02 (X) (X) (xX) (xX) (xX) (xX) (X) 0.1 0.1
Petroleum and coal products ...... (X) 03 03 (X) (X) (xX) (xX) (xX) (X) (X) 0.2 0.3
Rubber and plastics products - .. . &) 08 02 &) x) &) (X) () &) &) 03 02

Capital goods industries
Nondefense eae : 0.1 04 05 0.0 07 08 0.0 0.0 0.1 (X) Ql 0.1
Defense . pete es 05 05 03 19 27 53 0.0 Ol 03 &) 0.0 02

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

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

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


en OF Og

.

Srares oF

Pen,

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

Manufacturers’ Shipments, L

Inventories, and Orders

April 1994
M3-1-(94)-04
For Wire Transmissions 10:00 a.m. E.D.T. June 2, 1994

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

Summary

New orders for manufactured goods in April decreased
$0.3 billion or 0.1 percent to $274.4 billion, the Department
of Commerce, Bureau of the Census reported today. This
follows a 1.1 percent March increase. Year-to-date new
orders for 1994 are 7.6 percent above the same period a
year ago.

Shipments decreased $0.8 billion or 0.3 percent to
$273.7 billion, following a 1.0 percent increase in March.
Year-to-date shipments for 1994 are 6.3 percent above the
same period a year ago.

Unfilled orders increased $0.7 billion or 0.2 percent to
$447.1 billion, the third increase in the last four months
The unfilled orders-to-shipments ratio increased from 3.03
in March to 3.05 in April.

Inventories increased $0.9 billion or 0.2 percent to
$380.7 billion, following a 0.1 percent decrease in March.
The inventories-to-shipments ratio increased from 1.38 in
March to 1.39 in ‘April

New Orders

New orders for manufactured durable goods in April
decreased $0.2 billion or 0.1 percent to $146.8 billion,
following a 0.7 percent increase in March. Excluding
transportation equipment, new orders were up $0.5 billion or
0.4 percent, the eleventh consecutive monthly increase.

Primary metals had the largest decline, down $0.9
billion or 6.6 percent to $12.4 billion, following a 6.0 percent
increase in March. Transportation equipment decreased
$0.6 billion or 1.7 percent to $35.6 billion, as declines in
railroad equipment and motor vehicles and parts more than
offset an increase in aircraft and parts. is is the third
consecutive monthly decline. Fabricated metal products
decreased_ $0.6 billion or 3.7 percent to $14.9 billion,
following five consecutive monthly increases. Electronic and
other electrical equipment had the largest increase, up $1.9
billion or 8.7 percent, led by electronic components, to $23.4
billion, with increases in all categories. This is the fourth
increase in the last five months.

New orders for nondurable goods decreased $0.1
billion or 0.1 percent to $127.7 billion, as decreases in food
and kindred products and textile mill products more than
offset an increase in tobacco products. This follows five
consecutive monthly increases.

Shipments

Shipments of durable goods in April decreased $0.9
billion or 0.6 percent to $146.5 billion. This follows two

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

consecutive monthly increases. Transportation equipment
had the largest decrease, down $1.2 billion or 3.0 percent to
$37.7 billion, primarily due to aircraft and parts. Electronic
and other electrical equipment had the largest increase, up
$0.7 billion or 3.1 percent to $22.1 billion, with increases in
nearly all categories. This is the sixth consecutive monthly
increase.

Shipments of nondurable goods increased $0.1 billion
or 0.1 percent to $127.2 billion, the sixth consecutive monthly
increase. The largest increase was in tobacco products, up
$1.1 billion or 51.4 percent to $3.3 billion, following a 31.5
percent decline in March. Food and kindred products had
the largest decrease, down $1.0 billion or 2.8 percent to
$35.0 billion.

Unfilled Orders

Unfilled orders for durable goods in April increased
$0.3 billion or 0.1 percent to $423.5 billion, the first increase
since January. Industrial machinery and equipment, up for
the tenth consecutive month, had the largest increase, up
$1.6 billion or 2.8 percent to $57.6 billion, with increases in
nearly all categories. Electronic and other electrical
equipment increased $1.2 billion or 2.7 percent to $47.4
billion, primarily due to electronic components.
Transportation cquipment had the largest decrease, down
$2.1 billion or 1.0 percent to $209.7 billion, primarily due to
aircraft and parts. This is the twenty-third decrease in the
last twenty-four months. Instruments and related products
decreased $0.7 billion or 1.4 percent to $49.3 billion,
primarily due to search and navigation equipment. This is
the eleventh decline in the last twelve months.

Unfilled orders for nondurable goods increased $0.4 billion
or 1.8 percent to $23.6 billion, the sixth increase in a row.

Inventories

Inventorics for durable goods in April increased $0.9
billion or 0.4 percent to $239.1 billion, following a 03
percent decrease in March. Electronic and other electrical
equipment had the largest increase, up $0.5 billion or 1.4
percent to $35.5 billion, the sixteenth increase in the last
eighteen months. Industrial machinery and equipment
increased $0.4 billion or 0.9 percent to’ $47.9 billion, the
thirteenth consecutive monthly increase. Nondurable goods
inventories remained at $141.6 billion, following two
consecutive monthly increases.

By stage of fabrication, finished goods increased 0.5
percent in durables and 0.5 percent in nondurables. Work
im process decreased 0.1 percent in durables and 0.9 percent
in nondurables. Materials and supplies increased 1.0
percent in durables and decreased 0.2 percent in
nondurables.

‘Uhe advance report on durable goods for May is scheduled for Junc 23, 19% at 8:30 a.m. and the full report on June 30, 1994 at 10:00 am. For sale by the
Superintendent of Documents, U.S. Government Prating Office, Washington, DC 20402. ‘This report is also available the day of issue through the nt

of Commerce's online Economic Bulletin Board (N-8-1)

202-482-3870) and through the Census Bureau's online information service-CENDATA. IDATA

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

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


Nondefense Capital Goods 1

New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders

38 ----- +--+ +--+ ee eee ------------- +e ee Shipments |] 38

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr
Apr. 1992 - Apr. 1994

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

"1 11
New Orders

WOF------------------------------------- ——"|4 10
Shipments

9

5 L L i a 1 L 1 i L 1 L i i 5
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr

Apr. 1992- Apr. 1994

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATION,
BY INDUSTRY GROUP
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Apr. Mar. Feb. | Mar- | Feb- | Jan~ Apr. Mar. Feb. Apr. Apr.
194" 1994! 1994 | Apr. | Mar. Feb. 1994? 1994" 1994 1993 | 94/93
MATERIALS AND SUPPLIES
All manufacturing industries 121,121 | 120,565 | 120,288 | +05 | +02 } +06 } 120,760 | 119,957 | 120,655 | 120,339
Durable goods industries. . 69,445 | 68,780 | 68,803 | +1.0 0.0 | +09 | 68,849 | 68,047 | 68,925 | 67.481
Stone, clay, and glass products 2582 | 2586 | 2,542 02 | +17 -04 | 2550 | 2,568 551 2,459
Primary metals. : 5/901 5918 5,865 03] +09} +05 5,756 5,705 5,743 | 6,064
Fabricated metal products . . 7760 | 7693 | 7.831 | +09] -18] +03 7,648 7,687 | 7,857 7,554
Industrial machinery and equipment 14893 | 14484] 14529 | +28] -03 | +27 | 14.872 | 14,264 | 14,682 | 14,232
Electronic and other
electrical equipment 11,424 | 11,251 | 11,070] +15] +16 11,452 | 11,188 | 11,040 | 10,343
Transportation equipment ... . . 10,862 | 10,819 | 10,963 | +04]  -13 10,912 | 10,844 | 11,026 | 12,063
instruments and related products . . 6,725 6710 | 6679 | +02] +0.5 05 | 6728 | 6682 | 6,657 | 6,861
Lumber, furniture and
miscellaneous durable goods 9298 | 9,319 | 9,324 02} 01] +11 8,931 9,109 | 9,369 7,905
Nondurable goods industries . 51,676 | 51,785 | 51,485 02] +06] +01 | 51,911 | 51,910 | 51,730 | 52,858
Food and Kindred products . 91895 9968 | 9,915 07} +05 -10 | 91973 | 10,045 | 9,994 | 10,191
Tobacco products. : 5,130 5,192 | 5,093 “A2| +19 02 | 35172 | 5310 | 5,368 287
Textile mill products, 2760 | 2756} 2669] +01} +33 | +03 | 2,796 | 2,780 | 2,709 | 2,580
Paper and allied products . . 6.638 | 6,668 | 6,599 04] +10 | +02 | 6661 6735 | 6,623 6,774
Chemicals and allied products 11232 | 117202 | 11260 | +03] -05 | +03 | 11,252 } 11,160 | 11,271 | 11,632
Petroleum and coal products 2978 | 2954] 2949] +08} +02] +19 "992 | 21877 | 2,869 | 3.255
Rubber and plastics products . . 4563 4372 | 4,544 02] +06 | +16] 41563 | 4,563 | 4518 | 4,399
Apparel, printing and publishing
and leather goods ....... 8,480 8,473 8456 | 40.1 | +02 03 3,502 | 8,440 | 8,378 | 8,740
WORK IN PROCESS
All manufacturing industries 128,186 | 128,492 | 128,583 02} 01 -0.4 | 128,493 | 128,449 | 128,564 | 129,563 0.8
Durable goods industries ......... | 104,986 | 105,075 | 105,305 0.1 02 | -0.4 | 105,143 | 105,070 | 105,359 | 106,279 “Ll
Stone, clay, and glass products . 1,075 1041 oo4 | 433] 22] +09 1125 1,089 1,093, 1182 48
Primary metals -.... . fees 7237 77272 | 7,325 05} 07] +01 7276 | 7,309 | 7,348 | 7,049 +32
Fabricated metal products. . : 77344 77435 | 7,501 -12] 09 | +01 7/333 77489 | 7,578 | 7,662 43
Industrial machinery and equipment 18,931 | 19,033 | 18,506 05] +28 -09 | 18,792 | 18820 | 18,184 | 17,219 49.1
Electronic and other
electrical equipment 14542 | 14469] 14324] +05] +10 | +08] 14,724 | 14,460 ) 14,343 | 13,760 +7.0
Transportation equipms 41,643 | 41,546 | 42,287 | +02] -18 “17 | 41,586 | 41,724 | 42,530 | 44,852 -13
Instruments and relate 9,227 | 9,265 9377 04) -12 | +20] 9258] 9,133 9/329 | 10,003 14
Lumber, furniture and
miscellaneous durable goods . . . . 4,987 3014 | 4,921 422 4 5,049 5,046 | 4,954 | 4,552 | +10.9
Nondurable goods industries . 23,200 | 23,417 | 23,278 -0.3 | 23,350 | 23,379 | 23,205 | 23,284 +03
Food and kindred products 4019 | 4,002 | 3,938 28 3882 | 4,013 989 3,607 476
Tobacco products ........ 193 179 163 0.0 157 162 17. 135 | +163
Textile mill products 2,561 2,607 | 2,621 -10 | 2,586 | 2,604 | 2,632 2,492 +38
Paper and allied products . . . 1184 1178 1161 -09 1,209 1,187 1,160 1,244 28
Chemicals and allied products 51436 | 5,652 51644 423 5/505 51574 | 5,649 5,663 2.8
Petroleum and coal products 2242 | 2280 | 2,268 407 | 2277 | 2262 | 2,186 | 2,823 | -193
Rubber and plastics products 1,767 1,765 1773 -0.6 1,767 1747 1,800 1,688 +47
Apparel, printing and publishing
and leather goods . . en 5,798 5,754 | 5,710 09 | 5,967 5,830 | 5,616 | 5,632 +59
FINISHED GOODS
All manufacturing industries 131,365 | 130,715 | 131,197 +0.8 | 133,095 | 131,028 | 132,480 +07
Durable goods industries. : 64,676 | 64,340 | 64,724 +0.7 | 66,274 | 64,885 | 65,682 42.6
Stone, clay, and glass products 3,891 3919 | 3,906 “Ll 4,053 4,045 4,062 5.5
Primary metals -....... 6,383 6362 | 6,357 +04 | 6482 | 6387 | 6,447 +79
Fabricated metal prod 77829 | 7,72: 7812 40.9 | 8,158 7,903 | 7,869 -03
Industrial machinery and equip: 14,062 | 13,961 | 13,955 +11 | 14281 | 13916 | 14,437 +67
Electronic and other
electrical equipment .... . 9516 | 9,284 | 9,316 +07 | 9,777 | 9,223 9,245 +148
Transportation equipment ... . . 7,967 | 8,034 | 8,096 429) 7,972 7948 | 8,239 -19
Instruments and related products 5,844 5.841 5,948 -06 5958 5,846 5/899 44
Lumber, furniture and
miscellaneous durable goods . 9184} 9,217 9,334 +03 | 9,593 9,617 | 9,484 432
Nondurable goods industries . 66,689 | 66,375 | 66,473 40.8 | 66,821 | 66,143 | 66,798 “11
Food and kindred products 16,520 | 16,387 | 16,177 +10 | 15839 | 15,775 | 16,129 428
Tobacco products : 670 733 656 -13.9 712 715 708 44.2
Textile mill products 4380 | 4,327 | 4,358 +03 | 4,555 4342 | 4,440 43.9
Paper and allied products $1642 5,613 5,703 +12 | 5,875 5.708 | 5,843 +16
Chemicals and allied products 17,457 | 17,177 | 17,314 +04] 17715 | 17,645 | 17,781 “13
Petroleum and coal products 4.97: 4973 | 4,964 426) 4887 | 4853 | 4,803 +137
Rubber and plastics products 6,062 | 6,062 | 6,089 +0.7 | 6208 | 6,263 6,281 31
Apparel, printing and publishing
and leather goods veces 10,984 | 14,103 | 11,212 +13 | 11,030 | 10,842 | 10,813 -0.7

° Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability.


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
Apr. Mar. Feb.} Mar.-| Feb] Jan Apr. Mar. Feb. Apr. Apr.
1994? 1994" 1994] Apr.{ Mar.| Feb. 1988" 1994" 1994 1993] 94/93,
All manufacturing industries 447,080 | 446,398) 446,204] +02 0.0 0.0} 452,097] 450,254] 448,764] 471,192 41
Manufacturing industries
without defense capital goods . . 334,002} 332,498] 330,067) +05] +0.7{ +0.2| 337,620) 334,573] 331,675] 342,487 “14
Durable goods industries 423,524] 423,268] 423,750] —+0.1 -0.1 -0.1| 427,995] 426,855] 426,750] 447,877 44
Stone, clay, and glass products 7,574 7,379 7,394) +2.6 02] +06 7,580 7,198 7,281 7,248] +46
Primary metals .. . 24228| 24.058] 23042] +0.7] +44] +16] 25,511] 25,395] 23,566] 24,184) +55
Blast furnaces, steel mills . . 10,833| 10629] 10385] +19} +423] +11] I146L] 11321] 10,849] 11,040] 43.8
Tron and steel foundries 3,315 3,347 3,235, 10} 435] 43.2 3,325 3,404 3,220 2,881] +154
‘Nonferrous and other primary
metals... . : 10,080] 10,082 9,422 00} +70) +18] 10,725] 10,670 9,497] 10,263] +4.5
Fabricated metal products. : 20,250 20,301 19,869 0.3 42.2 +02 20,485 20,580 19,993 22,485 8.9
Industrial machinery and equipment - 57586| 56,008] 54694] +28] +24] +14] 57,848] 56,341} 55,681} 50,639] +14.2
Engines and turbines : 9,841 9,919 9,993 -08 07] +11 9,506 9,771 | 10,065 9,623 -12
Construction, mining and
material handling equipment 6,410 6,170 5,983] +39) 43.1] 43.1 6,538 6,363, 6,167 5,754] +13.6
Metalworking machinery 8,675 8,524 8,064] +18] 45.7] 42.6 8,675 8,524 8,064 6,892} +259
Computer and office equipment 8311 7,795 7,424] +6.6| — +5.0 “17 8,245 7,582 7,268 7,125) +15.7
Electronic and other
electrical equipment 47,384) 46,134] 46,078] 42.7] +01 0.7] 48,175] 46,083] 46,944} 43,514] +10.7
Electrical transmission and
distribution equipment and
industrial apparatus . 6,128 6,085 6,083] +0.7 00} +18 6,143 6,093 6,120 5,881 44.5
Electric lighting and
wiring equipment 3,364 3,302 3,295] +19] +02] +03 3,364 3,302 3,295 3,084} 49.1
Communications equipment 15.295] 15.213] 15,095] 405] +08] +16] 15,315] 15,158] 15,119} 12,896] 418.8
Electronic components . 17,168} 16,232] 16,057] +5.8] . +1. -3.1{ 17,889] 16,173] 16,633] 16,790) +65
Transportation equipment . . . 209,707 | 211,775] 214,359 -10 “12 -0.6| 211,239] 213,227] 214,825] 235,929)  -10.5
Aircraft, missiles,
space vehicles, and parts. 180,026] 181,875] 185,319 19 -0.5| 181,377] 183,220] 185,689] 207,219} -12.5
Shipbuilding and tanks 17,929} 18,313] 18,656 -18 26| 17,927] 18,248] 18,581] 20,987] -14.6
Instruments and related products . . . . 49,279| 49,963] 50,717 -15| +02] 49,288] 50,463] 51,224] 55,844] -11.7
Search and navigation equipment 31,984] 32,526} 33,423 27/ +408] 32012] 33,017] 33,981] 37,547] -14.7
Measuring and controlling devices 9,353 9,227 8,986 +27) +05 9,353 9,227 8,986 9,343] +0.
Medical instruments and supplies 7,092 7,269 7,448 2.4 23 7,092 7,269 7,448 8,163] -13.1
All other durable goods 7,516 7,650 7,597 40.7 2 7,869 7,568 7,236 8,034 21
Nondurable goods industries . 23,556] 23,130} 22,454] +18] 43.0] +16] 24,102] 23,399] 22,014) 23,315] +3.4

» Preliminary. ‘ Revised

See note at end of table 2 relating to survey variability.


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
Apr. | Mar. | — Feb. | Mar-| Feb-| Jan-| Apr.] Mar. | Feb.}— Apr. | Apr.
1994" | 1994] 1994] Apr. | Mar.] Feb.] 1994" 1994'} 1994] 1993] 94/93] 19947 | 1993
All manufacturing industries . . . 274,402) 274,691) 271,786} -0.1f +11] -0.3 274,354] 289,574] 270,065} 251,370 +9.1 | 1,083,948 {1,001,398
Manufacturing industries
with unfilled orders . . . v7] 147.271} 147,393] 145,273] -0.1] +1.5| -1.7) 146,113] 157,907] 144,583] 130,927] +11.6| 584,732] 528,209
without defense capital goods . . .. . | 268,263] 269,789] 265,650] -0.6 +1.6 +0.3) 269'092] 2837515] 264'714| 245'336] 49° 1,060,283] 974,069
Durable goods industries... . . - | 146,751] 146,906] 145,882] -0.1] +07] 148,063} 158,314] 146,688] 130,821] +132) 588,841} 522,233
With unfilled orders... .......| 116,288] 116,148] 114,601] +0.1] +1.3] 115,076] 125,510] 113,886] 101,628] +13.2| 462,387] 411,654
Stone, clay, and glass products .....] 6.923] 6,666] 6.376] +39] +431 +02] 7327] 6495] 670] 6oll| 2219 25,349] 22,060
Primary metals... .... ++{ 12,387) 13,259) 12,512] -6.6]  +6.0, +3.8) 12,693] 14,607] 13,148] 11,435] +110] 52,884] 49°781
Blast furnaces, steel mills... . . 5,737) 5,766) 5,724) 0.5] +0.7} +6.7] 5,817] 6,257] 6,270] 5,082] +145] 24.128] 23,530
Iron and steel foundries . . o 1,127) 1,300) 1,265} -13.3] +2.8) +6. 1,147) 1,434) 1,178] 1,116) 42.8 5,006 4271
Nonferrous and other primary
metals... 5,523] 6,193} 5,523} -10.8] +121] +0.6 5,729] 6,916] 5,700] 5,237] +9.4| 23,750] 21,971
Fabricated metal products... .....} 14,945 15,514! 14897] -3.7] +4.1) +13] 14/850 16:542| 14,692] 13/583] +93 59,563] $4,533

Industrial machinery and equipment .| 27/908] 27827] 27,116 +03] +26 +481 27328 31,311} 26,603} 22,362] +222] 108,336] 91,476
Engines and turbines sees 1,637) 1,678) 1,842] 2.4) -8.9 414.3) 1,378) 1.731] 1,512) 1,175| 4173] 51930] 5.234
Construction, mining and

material handling equipment 2.819} 2,794) 2,841! +091 -1.71 +8.7/ 2,8931 3,061] 3,000] 2,415] +19.8] 11,416] 10,074
Metalworking machinery 2,959) 3,180) 2,886) -6.9] +102] -9.6] 2,782} 3,439] 2,802| 2275] +223] 11.753] 9,453
Computer and office equipment 7,739} 7,732] 6,983] +0.11 +10.77 +181 6,499] 9300! 6,159] 4741] +371] 27283] 22.259
Electronic and other
clectrical equipment. . : 23,352] 21,487) 20,965] +87] +2.51  -6.0) 23,341] 21,796] 21,507] 18,682] +24.9| 87,183] 72,587
Electrical transmission and

distribution equipment and
industrial apparatus ...........} 2,613] 2,570 2,698{ +1.7} -4.7] -0.3 2,624] 2,771] 2,804] 2487] 45.5 10,637) 9,757
Electric lighting and

wiring equipment .... . .
Communications equipment

1,833) 1,739 1,746] +5.4] 0.4) -2.0) 1,766) 1,838] 1,796] 1,616 49.3 6,972 6,637
4,998 4,788) 4,751) +44] +08) +12.6 4,753 5,103} 4,527, 3,528] +34.7 17,837] 13,167

Electronic components ....... 8,524) 7,788) 6,828} +95] +14.1] 19.5] 9.2281 7,509] 7,489] 7,026] 4313] 32,611] 26193
Transportation equipment .........} 35,634] 36,268 37,496] -1.7] -3.3] 9.2] 37/441] 40.242] 38-480] 33°34) +123 153,588] 132,497
Aircraft, missiles,
space vehicles, and parts. .....] 6,472) 6,093] 7,546 -19.3] -35.0] 6,068] 7,846] 6,564] 6,430] -5.6] 30,787] | 26,949
Shipbuilding and tanks : 626} 559 538 43.9) 25.6 650 609 546 482] +34.9 2313] 3,555
Instruments and related products ....] 10,147} 10,049] 10,968 “84 +48) 9,123] 10,675 10,563] 10,361) -11.9} 39,567] 41.115
Search and navigation equipment .| 1,982] 1,463] 2,830 48.3) $44.1) 1,288} 1,545] 2,794] 2.872] -55.2] 7,073] 10,678
Measuring and controlling devices .| 3,201] 3,447] 3,128 +10.2)  -0.6f 3,090) 3,736) 3,047] 2,864 +7.9] 12,842] 11,432
Medical instruments and supplies .| 2.758) 27811 2/762, +0.7/ 9.7] 2,670 2,966] 2,703] 2.665] +0.2] 11,196} 11.153
Alll other durable goods . see 15,455] 15,836] 15,552| +18) 40.31 15,960] 16,646] 15,525] 15,046] +6.1] 62,371] 58,184
Nondurable goods industries . . . . 127,651) 127,785} 125,904} -0.1) +1.5] 1.5] 126,291] 131,260] 123,377] 120,549]  +4.8] 495,107] 479,165
With unfilled orders .... . s+] 30,983} 31,245} 30,672} -0.8) +19) +1.6 31,037] 32,397) 30,697] 29299] +5.9] 122/345] 116555

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

{=) 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 dollar
increase from the prior month to the current month.

rote: opstimates of manufacturers’ shipments, inventories and orders are subject to survey variability and revision. Since the survey panel is not a probability sample,
estimates of sampling variability cannot be calculated. Further details on survey design, methodology, and data limitation are contained in cur most recent annual benchitark
Publication, Current Industrial Reports: M3-1(92), "Manufacturers’ Shipments, Inventories, and Orders: 1982-1992."



Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS
‘Mi

ms of dollars)

FOR INDUSTRY GROUPS

Seasonally adjusted

‘Not seasonally adjusted’

Monthly Percent Change Monthly Percent Year to date
Industry change
Apr.|  Mar.| Feb. | Mar-} Feb-] Jan-| Apr. } Mar. Feb.} Apr. | Apr.
194°] 1994] 1994} Apr.| Mar.| Feb.} 19947] 1994] 1994] 1993] 94/93 | 1994" | 1993
All manufacturing industries 273,720] 274,497] 271,815] -0.3} +1.0]  +1.3] 272,511] 288,084] 268,436] 253,519] — +7.5] 1,070,209 ]1,002,392,
Manufacturing Industries
with unfilled orders ..........] 146,589] 147,199] 145,302] -0.4] +1.3] +1.3} 144,270] 156,417] 142,954] 133,076] +8.4] $70,993} 529,203
without defense capital goods 266,759] 267,358] 264,879} -0.2)_ +0.9]_ +1.4) 266,045] 280,617] 261,852} 246,531] — +7.9] 1,043,883] 973,988
Durable goods industries 146,495] 147,388] 146,260] -0.6] +0.) +1.1] 146,923] 158,209] 145,679] 133,168] +10.3) 578,473] 524,481
With unfilled orders 116,032| 116,630] 114,979] -0.5]  +1.4 +1.1) 113,936] 125,405] 112,877] 103,975]  +9.6] 452,019} 413,902
Stone, clay, and glass product 6,728} 6,681] 6,329] +0.7/ +56 +12] 6,945] 6,578} 5,789] 5,940] 416.9] 24,588] 21,204
Primary metals... 12,217] 12,243) 12,140] -0.21 +0.8] +29} 12,577| 12,778] 12,367] 11,711] +74] 48,921] 46,273
Blast furnaces, steel mills 5,533] 5,522] 5,616] +02) -1.7] +5.2} 5,677] 5,785] 5,737] 5,329] +6.5] 22,379] 20,921
Iron and steel foundries 1,159] 1,188} 1,165] -2.4 +2.0] +1.0f 1,226] 1,250] 1,192} 1,102) +113] 4,724) 4,220
Nonferrous and other Primary
metals 0... eee 5,525] 5,533] 5,359} -0.1]  +3.2} +09) 5,674] 5,743] 5,438] 5,280] 47.5] 21,818] 21,132
Fabricated metal products 14,996] 15,082] 14,864] -0.6} +1.5]  -0.7] 14,945] 15,955] 14,769] 13,882] +7.7| 59,124] 54,809
Industrial machinery and equipment 26,330] 26,513] 26,362] -0.7} +0.6f  +5.0} 25,821] 30,651] 25,601) 22,505) +14.7] 103,466] 90,956
Engines and turbines : 1,715] 1,752] 1,736] -2.1] +09] +109} 1,643) 2,025] 1,579] 1,397] +17.6] 6,572] 5,667
Farm and garden machinery. 1,703} 1,852] 1,673} -8.0] +10.7] +9.9) 2.291] 2,408) 1,971] 2101] +9.0 8,073} 6,859
Construction, mining and
‘material handling equipment 2,579} 2,607] 2,659} 1.1] -2.0] +1.1] 2,718] 2,865) 2,759} 2,564] +6.0] 10,669] 9,919
Metalworking machinery 2,808] 2,720) 2,681] +32) +15] +04) 2,631 2,979} 2,597] 2,391] +10.0] 10,413] 9,894
Computer and office equipment 7,223| 7,361) 7,112] -1.9] 43.5] 43.5] 5,836] 8,986] 6,234] 4,808] +214] 26,289] 22,255
Electronic and other
electrical equipment 22,102} 21,431] 21,288} 43.1] +07] +1 21,249} 22,657] 21,000] 17,808] +19.3] 83,446] 71,160
Electrical transmission an
distribution equipment and
industrial apparatus 2,570] 2,568) 2,590) +0.1)  -0.8) +21) 2,574) 2,798} 2,671] 2,417] +65) 10,264) 9,428
Houschold appliances 1,883] 1,840] 1,810] +23) +17] +74) 1,932} 1,991] 1,747] 1,599] +208] 7,097] 6,199
Electric lighting and
wiring equipment . 1,771] 1,732) 1,737) +23) -0.3f 40.2) 1,704) 1,831] 1,787] 1,567] +8.7] 6,845} 6,533
Household audio and
video equipment 1,017 951 991 +03) 826] 904] 905 728] +135] 3,445] 3,191
Communications equipment 4916} 4,670] 4,506 +23] 4,596] 5,064] 4,265] 3,403) $35.1] 17,554] 13,693
Electronic components . . 7,588] 7,613} _7,335 -1.1] 7,512] 7,969] 7,435] 6,407] +17.2] 29,826) 25,085
Transportation equipment 37,702] 38,852} 38,768] -0.7] 39,429] 41,840] 40,241] 36,734] -+7.3] 155,825] 142,414
Motor vehicles and parts . . . 26,679} 26,777] 27,620] +0.8| 28,682] 28,774] 29,516) 24,903} +15.2] 112,019] 95,804
Aircraft, missiles,
space vehicles, and parts. 8,321] 9,537] 8,469] -8.0| 7,911] 10,315] 8,040] 9,337] -15.3] 33,435] 36,906
Shipbuilding and tanks 1,010 902] 1,034 +87] 971 942] 1,028} 929] +45] 3,682] 3,782
Instruments and related products 10,831 10,803] 10,866 +10] 10,298] 11,436] 10,392] 10,024] +2.7] 41,673] 40,858
Search and navigation equipment .| 2,524] 2,360] 2,577] +0.4] 2,293] 2,509] 2,438] 2,413] = -5.0] 94351] 10,286
Measuring and controlling devices .| 3,075] 3,206] 3,080 ; +13) 2,964] 3,495] 2,999] 2,773} +6.9] 12,321] 11,277
Medical instruments and supplies 2935] 2,960] 2,930} -0.8|  +0.7] +17] 2,847] 3,145] 2,880] 2,798] +1.8) 11,560] 11,413
Photographic goods . . 1,937} 1,923} 1,928] +0.7} § -0.3] +1.3] 1,834) 1,911] 1,739} 1,709} +73 7,062 6,586
Alll other durable goods 15,589] 15,783] 15,643] -1.2] +0.9  -0.3} 15,659] 16,314] 15,520] 14,564} +7.) 61,430] 56,807
Nondurable goods industries 127,225] 127,109] 125,555] +01) +1.) +1.6] 125,588] 129,875] 122,757} 120,351] +44] 491,736] 477,911
With unfilled orders 30,557] 30,569} 30,323] 0.0] +0.8| | +2.0| 30,334] 31,012) 30,077] 29,101] +4.2] 118,974] 115,301
Food and kindred Products 34,996] 35,987] 35,674] -2.8| +0.9| +1.7] 33,931] 36,861] 34,854] 33,389) +1.6) 137,631] 131,956
Meat products . 7,942] 8,026} 8,152| -1.0]  -1.5] +0.2] 7,759] 8,009] 7,905 7,715] +0.6} 31,234] 30,327
Dairy products . 4,603) 4,805] 4,716] 4.2] +19] +2.9] 4,562] 4,868] 4,541] 4,469] 42.1] 18,171] 17,197
Beverages ... 3,141] 5,211] 5,146] -1.3] +13] +42) 5,095] 5,183] 4,658] 4,740) +75] 19,179] 17,945
All other foods, except fi fats and oils | 15/589] 16,045| 15,780] -28] +17] +13] 14,794] 16,901] 15,870] 14,799 0.0] 61,709] 59,688
Tobacco products : ....| 3336] 2,203) 3,216 +514) -31.5} 5.0} 2,732] 2,671] 2,675} 1,873] +45.9] 10,662] 9,660
Textile mill products . 5,988] 6,131] 6,026) -2.3f +17] +3.1] 5,834] 6,373] 5,859] 5,641) +34]. 23,110] 22,502
Broadwoven fabrics and
other textiles . 3,660] 3,811] 3,738] -4.0) +2.0] +4.0, 3,598] 4,025} 3,690] 3,569] +0.8) 14,475] 14,336
Paper and allied products . . 10,836] 10,863] 10,876] -0.2} -0.1] +241 10,644] 11,096] 10,888] 10,564] +0.8] 42,856] 42,884
Pulp, paper, and
paperboard mill products 4.223{ 4,271] 4,287] 1.1] 0.4) +41) 4,143] 4,361] 4,305] 4,315] 4.0) 16,896] 17,344
Paperboard containers and boxes 2864 2,793) 2,752] +2.5] 41.5] 43.1] 2,921) 2,822} 2,718] 2,691] +85] T1015] 10,555
Miscellaneous converted
paper products 3,749) 3,799] 3,837] -1.3] -1.0) +34) 3,580 3,913) 3,865} 35581 +0.6) 14,945] 14,985
Chemicals and allied products 27,674] 27,723] 26,650] -0.2)  +4.0, +0.4| 28,919] 29,346] 26,435] 26,958] +7.3| 110,016} 105,164
Industrial chemicals... . 14,134] 14,162] 13,804] -0.21 +26] +1.01 14,671] 14,782] 13,989] 13,801} +56] 56,390] 54,320
Drugs, soaps, and toiletries 10,241] 10,193} 9,764] +05] +44) -Lil 9, 799 10,593} 9,493] 9,159} +6.9) 39,561} 38,090
Petroleum and coal products 11,850] 11,712] 11,597} +12] +10) +49) 10,618] 10,388} 12,589) 8.5] 42,438] 48,460
Rubber and plastics products 9,281] 9,296] 8,981] -6.2) 43.5] +1.2] 525] 9.7731 9,055] 8,708 +94] 36,618] 34,649
All other nondurable goods 23,264] 23,194] 22,535] +0.3] +2.9] +1.5] 22,490] 23,137] 22,603} 20,629] +9.01 88,405] 82,636

* Preliminary.” Revised

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

See note at end of table 2 relating to survey variability.