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

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Mar. Feb. Jan, Jan.-| Dee.- Mar, Feb. Jan Mar. Mar.
1999" 199° 1999 Feb. Jan. 1999° 1999" 1999 1998] 99/98
All manufacturing industries 463,352} 464,198] 464,867 0.2 0.1 -04} 462,248] 466,680] 462,588] 461,334 +0.2
Manufacturing industries
with unfilled orders 309,857] 310,711] 310,790 03 0.0 -0.6} 308,071] 311,232} 307,625] 306,726 +04
without defense capital goods 444,799 | 445,418] 446,285 -0.1 -0.2 0.2] 443,865] 447,999] 444,384] 443,474 40.1
Durable goods industries 293,363} 294,030] 293,563 02 +0.2 -0.6| 292,497] 295.766] 291,608] 290,203} +08
With unfilled orders 268,922} 269,926] 269,448 04 +0.2 -0.7] 267,352] 270,750] 266,947] 265,954 40.5
Stone, clay, and glass products 9,280 9,263 9,381 +0.2 13 +0.5 9,492 9,499 9,402 9,338 +16
Primary metals 23,722 24,176 24,438 19 -Ll -1.0 23,580 24,258 24,525 24,192 2.5
Blast furnaces, steel mills 11,590 11,776 11,924 -1.6 “12 -Ll 11,375 11,779 12,085 11,639 23
Iron and steel foundries 1,627 1624 lola] +02 10.6] +22 1,678 1,652 1,598 sor] +55
Nonferrous and other primary
metals... : 10,505} 10,776] 10,900 2.5 “Ld “13 10,827] 10,842} 10,962 -4.0
Fabricated metal products 30,776 | 30,849] — 30,920 -0.2 02) +02 30,909] 30,741] 30,683} — +1.0
Industrial machinery and equipment 60,877 60,673 60,658 +03 0.0 +0.2 60,456 61,627 60,256 60,478 0.0
Engines and turbines 4,227 4 4,097] +28] +03] +58 4,161 4,127 3,961 4,248 -2.0
Farm and garden machinery 3,752 3,747 3,770 +01 -0.6 25 3,982 4,176 4,136 3,989 -02
Construction, mining and
material handling equipment 9,059 9,097 9,099 04 0.0 +0.6 9,135 9,256 9,110 8,472 +78
Metalworking machinery 7,957 7,938 7,980 40.2 -0.5 +0.6 7811 7,867 7,774 7,269 475
Computer and office equipment 9,216 9,164 9,045 +0.6 #13 0.2 8,713 9,372 8,714 9,669 99
Electronic and other
electrical equipment 40,439) 40,133] 39,581 108] +14 -0.5} 40,086} 40,123} 39,036] 40,951 “24
Electrical transmission and
distribution equipment and
industrial apparatus 5,281 5,423 -16 “Ld -2.0 5,276 5,455 5421 5,578 “34
Household appliances 2,395 2,403 02 -0.2 0.0 2,478 2,486 2,351 2,449 +12
Electric lighting and
wiring equipment 3,485 3448] +08] +03 0.3 3,438 3,441 3371 3,349] +2.7
Household audio and
video equipment 967 1,006 1,022 39 -1.6 -0.6 903 988 986 877 43.0
Communications equipment 10,638 9,836 9484] +82] 43.7 3.1] 10,424 9,715 10,422 0.0
Electronic components 14.034) 14378] 14,045 24] 424] +09) 13,955] 14.401 14,762 55
Transportation equipment 73,346| 73,972] 73,852 0.8] +02 24] 73,238] 74,203 71,066) +3.1
Motor vehicles and parts 17,222} 16,978] 17,101] +14 -0.7 -18] 17,483] 17,026 16,865] +3.7
Aircraft, missiles,
space vehicles, and parts 50,353| 51,068] $0,955 14] +02 3.2] 49,909] 51,217] 50,362] 48,807] +23
Shipbuilding and tanks 2,042 1,888 1,858 +8.2 +16 43 2,121 1,907 1,885 1,722] +23.2
Instruments and related products 26,635| 26,757] 26,443 0.5 +12 03} 26.404} 26,604 26,116] +1.
Search and navigation equipment 6,797 6,730 6,569} +10] +25 -0.1 6,698 6,661 6.495) 43.1
Measuring and controlling devices . 7,923 7,986 7,919 -0.8 +0.1 “12 7,908 7,969 8,143 29
Medical instruments and supplies 8,552 8,599 8,455 0.5 +17 +0.2 8,446 8,567 8,213 42.8
Photographic goods 2,604 2,091 2,695 3.2 -0.1 +0.6 2,590 2,661 2,534 2,565 +10
All other durable goods 28,288 28,207 28,290 +03 03 +12 28,240 28,543 28,565 27,381 43.1
Nondurable goods industries . 169,989 | 170,168} 171,304 “0.1 0.7 0.1} 169,751] 170,914] 170,980] 171,129 0.8
With unfilled orders 40,935 40,785 41,342 +04 13 03 40,719 40,482 40,678 40,772 0.1
Food and kindred products 37,698 | 37,773 37,658 0.2 +03 +10] 37,292] 37,974] 38,016] 37,083 +0.6
Meat products 4,164 4,095 “0.7{ +417 +04 4.268 4,056 4,161 +2.9
Dairy products 3,967 3.914 05} +14] 44.5 3,910 3,859 3816] +28
Beverages 8,558 8,414 05] +17] +08 8,602 8,401 8120] +53
All other foods, except fats and oils 19.252} 193391 “0.2 07; +07 19.258] 19.750] 191039 “19
Tobacco products oe 5,513 5,682 2.7 3.0 3.2 5,947 6,193 5,980 9.4
Textile mill products 10,025] 10,078} +0.5 -05 “1.0 10,129] 10,066} — 10,249 -L7
Broadwoven fabrics and
other textiles . . 6,229 6,248 6,300 -03 -0.8 08 6,201 6,343 6,346 6,340 2.2
Paper and allied products 16,078 16,180 0.0 0.6 “Ll 16,221 16,197 16,229 16,516 18
Pulp, paper, and
paperboard mill products 6,591 6,618 -0.3 “04 “14 6,631 6,700 6,668 +0.1
Paperboard containers and boxes 3.9: 3,985 0.0 “ll -2.0 3,987 3,975 3,994 “6.7
Miscellaneous converted
Paper products : 5,544 5577] +05 06 -0.1 5,603 03
Chemicals and allied products 46,295 46,425 -0.7 -0.3 +0.5 46,273 46,841 +12
Industrial chemicals 19316] 19.546 -0.6 -12 -13{ 19,202] 19.554 “57
Drugs, soaps, and toiletries 21,170] 21,039 -13] +06] +20] 20,670] 21,045 +6.0
Petroleum and coal products 10,040} 10,239 +4.1 AD -0.1 10,312 9,724 8.2
Rubber and plastics products 16,710] 16,780 03 0.4] +01] 16,968 +07
All other nondurable goods 27,734 | 28,262 0.2 -19 0.9} 27,192 27,306 -Ll

” Preliminary. * Revised.

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


10

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

380 380
New Orders
360 F- ------- 2 rrr rr rrr rrr rrr 4 Shipments |_1 360
340 340
320 320
B00 F----- <r -rr rrr 300
280 L 1 1 1 L il L i L 1 HN i 280
Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar
Mar. 1997 - Mar. 1999
Total Manufacturing

Ratio of Unfilled Orders and

Inventories to Shipments
VS Ratios UO/S Ratios
2.5 3.7
2.4 3.6
2.3 3.5
2.2 3.4
2.1 3.3
2 3.2
1.9 3.1

1.8 3
1.7 2.9
1.6 2.8
1.5 2.7
1.4 2.6
1.3 2.5
1.2 bo i n i L Hl L ! 1 n l Ld o4
Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar

Mar. 1997 - Mar. 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 Perceni
change
Mar. Feb. Jan. | Feb | Jan- | Dec Mar. Feb. Jan, Mar. | Mar.
199° 199° 1999 | Mar. | Feb. Jan. 1999" 1999" 1999 1998 | 99/98
UNFILLED ORDERS
All manufacturing industries 527,038 | 525,999 | 526.677 | +02} -01 | +15 | 528,875 | 529,549 | 530,997 | 537,538 “16
Market categories
Automotive equipment 2,510 | 2,526 | 2,596 06] 27} +49] 2578 | 2621 2,677 2,547 +12
Home goods and apparel 9,259 | 9,087 | geass} +19] +22 “10 | 9231 9,079 | 8,703 8,486 48.8
Consumer staples ....... 2,532 | 2,428 2461] +43] 13 | +41 2318 | 2,196 | 2480 | 2,028 | +143
Machinery and equipment 244.973 | 245,431 | 245,513 0.2 0.0 | +16 | 245,118 | 246.179 } 245,785 | 245'500 0.2
Business supplies 7,037 | 6922 | 6975] +17] -o8 | +427 6,866 | 6,686 | 6,897 6,624 43.7
Construction materials
and supplies 17,808 | 17,746 | 17,605 | +03 | +08] +06 | 17,909} 17,763} 17,513 | 18,196 +16
Defense products . 92,146 | 91,127 | 92300 | +11 -13- | +15 | 93,837 | 91,758 | 93:873 | 97,655 39
Other materials, supplies and
and intermediate products . 150,773 | 150,732 | 150,339 0.0) +03 | +13 | 151,018 | 153,267 | 153,069 | 156,502 35
Durable goods industries :
Nondefense capital goods ' .. . . 261,327 | 261,750 | 261,289 02 | +02 | +15 | 261,692 | 262,839 | 262,062 | 263,808 -08
Excluding aircraft and parts . . . 110,961 | 109,076 | 107,782 +17 #12 +0.8 | 111,326 | 110,165 | 108,555 | 106,122 44.9
Defense capital goods * 96,919 | 95,995 | 97,225 | +10] -13 | +13 | 98,714} 96.664 | 98.763 | 102.772 39
Durables excluding capital goods 145,289 | 144,363 | 144,273 | +06] +01 | +17 | 145,145 | 146,702 } 146.773 | 145.427 -02
Miscellaneous series :
Producers’ durable equipment 284,600 | 285,110 | 286.140 0.2 04 +1,7 | 284,854 | 286,645 | 287,170 | 285,730 03
Household durable goods 5,885 5,652 5,502 | +41 | 42.7 -04 5,775 5,700 | 5,551 5,424 +65
Information technology industries 40,842 | 40,384 | 39,523 | +11 | 422} +04 | 40627 | 40268 | 39.233 | 39.953 +17
Health care equipment
and products... .. 9979 | 98i1 9855} +17] -04] +14] 9,738] 9.954] 10,056 8,720 | +117
TOTAL INVENTORIES
All manufacturing industries 463,352 | 464,198 | 464,867 02] -0.1 -0.4 | 462,248 | 466,680 | 462,588 | 461,334 40.2
Market categories
Automotive equipment . . . 8668 | 8516 | 8585 | +18 8819 | 8,570 | 8,527 8,434 +46
Home goods and apparel 31491 | 31.578 | 31,839 03 31,221 | 31,434 | 31.479 | 31,005 +0.7
Consumer staples . : 73,186 | 73,309 | 73,427 02 72,547 | 73,478 | 73,284 | 72,247 +04
Machinery and equipment 118,483 | 118,149 | 117346 | +03 117,723 | 119,200 | 116,214 ] 116,222 +13
Business supplies 28,085 | 27,965 | 28395 | +04] -15 28,033 | 27,779 | 27,958 | 27,780 40.9
Construction materials
and supplies 28,722 | 28,741 | 28,844 0.1 0.4 28,959 | 29,050 | 28,806 | 28,551 +14
Defense products wees 18,178 | 18,365 | 18,178 10] +10 18,010 | 18,267 | 17,888 | 17,479 43.0
Other materials, supplies and
and intermediate products . . 156,539 | 157,575 | 158,253 07] -04 -0.4 | 156,936 | 158,902 } 158,432 | 159,616 “17
Durable goods industries
Nondefense capital goods * ..... . 110,590 | 110,270 | 109,680 +03 +0.5 -0.5 | 109,438 | 110,960 | 108,410 | 108,577 +0.8
Excluding aircraft and parts 72,329 | 71,701 71,056 +0.9 +0.9 +0.2 | 71,466 | 72,161 70,061 TAIT +0.1
Defense capital goods‘ ........ | 18/553 | 18,780 | 18.582 AQ] +11 -62 | 18,383 | 18,681 | 18,204 | 17,860 429
Durables excluding capital goods 164,220 | 164,980 | 165,301 05] -02 0.0 | 164,676 | 166,125 | 164,994 | 163,768 +06
Miscellaneous series :
Producers’ durable equipment . 190,798 | 190,422 | 189,831 | +402] +03 -0.3 | 189,978 | 191,541 | 188,340 | 187,729 +12
Household durable goods ... . . 16,277 16,279 16,445 0.0 -1.0 +03 16,155 16,352 16,363 15,508 +4.2
Information technology industries 32,998 | 32,250 | 31627 | +23] +20 “1.0 | 32,266 | 32,276 | 30,833 | 33,181 28
Health care equipment
and products ...... 19,858 | 20,057 | 19,845 10} +11 | 412 | 19,639 | 19,961 | 19,357 ] 18,796 +45

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’

FOR TOPICAL SERIES!
(Millions of dollars)

SHIPMENTS AND NEW ORDERS

Seasonally adjusted

Not seasonally adjusted *

Monthly Percent Change Monthly Percent Year to date
Industry change
Mar.} Feb.} Jan. | Feb~| Jan-| Dec] Mar.} Feb. } Jan, | Mar. | Mar.
1999? | 1999} 1999] Mar.| Feb.} Jan.] 1999°| 1999"| 1999] 1998] 99/98] 1999" | 1998
SHIPMENTS
All manufacturing industries 348,873] 343,724] 341,673] +1.5] +0.6] _-0.7| 368,566| 341,000] 307,582] 357,033] +3.2/1,017,148] 989,711
Market categories :
Automotive equipment 16,307] 15,796] 15,564] +32] +15] -0.2| 17,846] 17,256] 14,335] 16,014] +114] 49,437) 44,128
Home goods and apparel 19,680] 19,741] 19.772| -0.3} -0.2) +24] 20,772] 19,763] 16,773] 19,865] +4.6] 57,308] $4,909
Consumer staples... .. 72,090] 70,814] 69,658] +1.8| +17] -1.2) 73,274] 67.997] 65,376] 69,567] +5.3] 206,647] 199,954
Machinery and equipment 67,900] 65.797} 65.946] +3.2| -0.2} -2.0] 76.539] 64,180] 55,293] 72,950] +49] 196,012] 186,234
Business supplies... . . . 26,416] 26.020] 25.856] +15] +0.6| +0.7] 26,725] 25,461] 23,652| 25,818} +3.5| 75,838] 73.719
Construction materials
and supplies . «| 22,620] 22,437] 22,012] +0.8} +19) -1.3] 22,833] 21,548] 19,222] 21,737] +50] 63,603] 60,715
Defense products ........ 0... 6.907] 6.930] 6.955] -0.3]  -0.4] +19} 7,382] 7,001] 5,763] 7.425] -0.6| 20,146] 20,054
Other materials, supplies and
and intermediate products . . 116,953] 116,189] 115,910] +07} +02] -0.7} 123,195} 117,794] 107,168] 123,657] 0.4] 348,157] 349,998
Durable goods industries :
Nondefense capital goods * . 54,213] 52,772] 52,954] 42.7) -0.3) -2.1} 62,083) 50,014] 43,012] 59,619} +4.1| 153,109] 148,045
Excluding aircraft and parts 45,540] 44,228] 44,409] 43.0] -0.4| -2.1] 52,699| 41,929] 35,904] 51,175] +3.0] 130,532] 126,672
Defense capital goods‘ ........] 6,664] 6,729} 6,740} -1.0] -0.2} +3.0f 7,129} 6,754} 5,494] 7,124] +0.1] 19,377] 18,981
Durables excluding capital goods . | 137,115] 134,964] 134:397] +1.6| +0.4) -0.4] 145,629] 138,151] 121,942 139,205] +4.6] 405,722] 387,288
Miscellaneous series :
Producers’ durable equipment 129,792} 126,816] 126,757] +23] 0.0] -1.3} 143,891] 127,867] 110,374] 136,402] +5.5] 382,132] 360,456
Household durable goods... . . 10,106] 10,279] 10,053] 1.7] +2.2} +25] 11,115] 10,162] 8,465] 10,194] + +9.0] 29,742] 26.984
Information technology industries 25,716] 25,468] 25,864] +10] -1.5| +1.8} 30,702] 23,214) 20,126] 29,449) +43] 74,042] 70,109
Health care equipment
and products . 12,842] 12,624] 12,086] +1.7} +4.) -5.7] 13,757] 12,146] 11,347] 12,645] +8.8] 37,250} 34,682
NEW ORDERS
All manufacturing industries 349,912] 343,046] 349,314] +2.0] -1.8]  +1.6| 367,892] 339,552] 325,593) 351,066] +4.8] 1,033,037] 995,691
Market categories :
Automotive equipment . 16,291] 15,726] 15,686] +36} +03] +0.3| 17,804] 17,200] 14,607] 15,979] +114] 49.611] 44,188
Home goods and apparel 19852| 19,940] 19.681] -0.4) +13] +1.8| 20,924] 20.139] 17,165] 19.397] +79] 58,228} 54,837
Consumer staples ......... 72,194] 70,782] 69,755] 42.0] +15] -1.1] 73,395] 67,713] 65,594] 69,643] +5.4] 206,702] 199,933
Machinery and equipment . . 67,441] 65,715| 69,858] +2.6] -5.9] +7.5| 75,478] 64,574] 60,507] 70.959]  +6.4] 200,559] 188,991
Business supplies . 26,531] 25.967] 26,042] 42.2] -0.31  +1.8) 26.906] 25,250] 24,028] 25,869] +4.0] 76,184] 73,911
Construction materials
and supplies + 22,682| 22,578] 22,111] +05] 42.1] 1.0} 22,979] 21,798] 19,494] 21,734] $5.7] 64,271] 61,286
Defense products 1.2... 7,926] 5,757| 8,298] +37.7| -30.6] +9.0) 9,462] 4,886] 8,720] 6,727] +40.7| 23,068] 20,164
Other materials, supplies an
and intermediate products 116,995} 116,581] 117,883} +04] -1.1] 0.0} 120,944] 117,992} 115,478] 120,758] +0.2] 354,414] 352,381
Durable goods industries :
Nondefense capital goods * . 53,790] 53,233] 56,863] +1.0] -6.4] +9.3) 60,936] 50,791} 47,992] 57,653] +5.7} 159,719] 150,637
Excluding aircraft and parts 47,425] 45,522] 45,316] +42] +0.5] -3.9] 53,860] 43,539] 37,882} 50,404] +6.7] 135,281] 129,622
Defense capital goods * 7,588] 5,499] 8,018] +38.0] -31.4} +76] 9,179] 4.655] 8,544] 6,651] +38.0) 22,378] 19,537
Durables excluding capital goods . | 138,041] 135,054] 136,827} +22] -1.3) +0.5] 144,072] 138,078] 131,472| 135,378] +6.4| 413,622] 389,813
Miscellaneous series
Producers’ durable equipment .... | 129,282] 125,786] 131,562] 42.8] 4.4} +4.5] 142,100} 127,342} 118,040] 133,249|  +6.6] 387,482] 363,072
Household durable goods 10,339] 10,429 10,033] -0.9] +39] +1.8| 11,190] 10311] 8855] 9,646) +16.0] 30,356] 26,625
Information technology industries 26.174) 26,329] 26,029] -0.6| +12} +14] 31,061] 24,249] 20,243] 29,602] +49] 75,553] 72,092
Health care equipment
and products ...... 13,011] 12,580] 12,225] +34) +29] 4.5] 13,541] 12,044] 11,778] 12,439] +8.9] 37,363] 34,936

” 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 turbin

; internal combustion engines; construction, mining, and m.

handling equipment, metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment, refrigeration, heating and s
industry machinery; electrical transmission and distribution equipment, electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and e1
and parts; ships and tank components; railroad equipment; and search and navigation equipment.

* Defense capital goods industries include : ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships,

and tank components; and search and navigation equipment.

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio’
Industry Mar. Feb. Jan. Dec. Mar. Feb. Jan, Dee
1999" 1999" 199 198 1999" 1999" 1999 1998
All manufacturing industries. . . 133 1.35 1,36 136 2.65 2.67 2.67 261
Durable goods industries. . 148 1st 151 131 3. 3.15 3.14 3.07
Stone, clay, and glass products . . , 1.09 110 14 112 0.77 0.77 0.79 0.78
Primary metals bev 1.64 1.70 71 174 2.02 2.06 2.02 2.08
Fabricated metal products. 1st 151 U1 1.50 137 136 135 134
Industrial machinery and equipment 1.65 1.65 1.66 1.64 221 217 247 212
Electronie and other
electrical equipment 1.23 1.25 121 1.21 1.96 1.95 191 1.83
Transportation equipment 1.48 1.56 136 158 9.04 951 955 9.12
Instruments and related products 1.86 1.90 189 185 3:30 3.38 338 3.28
Nondurable goods industries... . . 1,13 1.14 1.16 LAS 0.63 0.64 0.64 0.64
Food and kindred products : 0.90 091 091 0.90 (X) (X) (X) (eta)
Tobacco products ..... . : 128 135 141 134 (xX) & (x) (a)
Textile mill products |... . : 158 136 133 137 (NA) (NA) (NA) (NA)
Paper and allied products : 1:20 11g 120 120 (NA) (NA) (NA) (NA)
Chemicals and allied products. 137 139 144 138 (X) (x) &) (xX)
Petroleum and coal products 085 0.89 0.93 0.93 (X) () (X) i)
Rubber and plastics products. . 121 1.22 1.27 1.25 (X) (xX) (X) (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; chemicais;
petroleum and coal products; and rubber and plastics products

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

Shipments New orders Unfilled orders Inventories
Industry
Mar. Mar. Mar. Mar.
Mar? | 1998- Mar? | 1998- 2) 1998- Mar. | 1998-
Mar.' | 1994- | Feb, | Mar.! | 1994- | Feb. | Mar.! | 1994- | Feb. | Mar. | 1994-] Feb.
1999 | 1998} 1999} 1999} 1998 | 1999 | 1999 | 1998 | 1999 | 1999 | 1998 | __1999
All manufacturing industries... . . oe) 01 02 (X) ou 03 es) 01 01 &) 0.0 0.0
Durable goods industries. - 0.5 02 0.2 09 03 04 0.1 04 01 (X) 0.1 01
Stone, clay, and glass products . . (X) 06 04 (xX) Ll 0.6 (xX) 05 04 (X) Ol 02
Primary metals. : O1 06 03 0.1 08 08 “0.1 03 02 &) Ol 0.1
Fabricated metal products . . (Xx) 03 03 (X) 0.5 04 (X) 03 0.2 (X) 0.2 Ol
Industrial machinery and equipment 04 02 03 03 05 03 0.0 02 ol (x) 01 ol
Electronic and other

electrical equipment 06 0.2 06 09 08 15 02 04 0.7 (X) 02 02
Transportation equipment : 12 04 0.6 26 11 09 02 0.1 Oo &) 0.0 02
Instruments and related products (X) 04 05 (X) 04 Ls (%) 0.1 0.3 (X) 0.1 Ol
Nondurable goods industries . . . (x) 01 01 (x) 0. 0.1 () 02 0. () 01 0.1
Food and kindred products oe (xX) 02 02 (X) (Xx) (Xx) (X) (X) (X) (X) 02 01
Tobacco products ........., &) 02 0.0 (X) (X) (X) (x) (x (X) (&) 0.0 0.1
Textile mill products . . sae (xX) 03 04 (xX) (NA) (NA) (X) (NA) (NA) (X) 0.2 Ol
Paper and allied products . : (X) 0.2 02 (x) | (NA) | NA) (x) | (NA) | (NA) (x) 0.1 0.1
Chemicals and allied products . (x) 03 03 (x) (xX) (xX) (x (X (X (X) 0.2 O01
Petroleum and coal products. . &) 03 03 (%) (%) (&) (X) &) (x) (X) Ol 07
Rubber and plastics products... . &) 01 01 (&) (x) & &) & & () Ol Ol

Capital goods industries :
Nondefense poets 0.6 0.1 03 ml 07 05 0.0 01 01 (x) 0.1 0.1
Defense ..... tite tee 03 0.5 04 18 24 34 0.2 O41 02 (xX) 01 0.2

(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 afe 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.


CURRENT INDUSTRIAL REPORTS

ows
ay

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

Manufacturers’ Shipments,

Inventories, and Orders

March 1999
M3-1-(99)-03,
For Wire Transmissions 10:00 a.m. E.D.T. May 5, 1999

For Data - (301) 457-4673
For Questions - Lee Wentela or Derrick Roy
(301) 457-4804 or (301) 457-4814

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in March increased $6.9
billion or 2.0 percent to $349.9 billion, the Department of Commerce,
Bureau of the Census reported today. This follows a 1.8 percent
February decrease and is the fourth increase in five months.
Excluding transportation, new orders increased 1.4 percent. Year-to-
date, new orders are 3.6 percent above the same period a year ago;
new orders for the first quarter are 2.7 percent above the fourth
quarter.

Shipments increased $5.1 billion or 1.5 percent to $348.9
billion, following a 0.6 percent February increase. This is the eighth
increase in the last ten months. Year-to-date, shipments are 2.7
percent above the same period a year ago; shipments for the first
quarter are 0.8 percent above the fourth quarter.

Unfilled orders increased $1.0 billion or 0.2 percent to $527.0
billion, following a 0.1 percent February decrease. The unfilled
orders-to-shipments ratio was 2.65, down from 2.67 in February.

Inventories decreased $0.8 billion or 0.2 percent to $463.4
billion. This is the fifth consecutive decrease. The inventories-to-
shipments ratio was 1.33, down from 1.35 in February.

New Orders

New orders for manufactured durable goods in March increased
$5.6 billion or 2.9 percent to $199.4 billion, revised from the
previously published 2.0 percent increase. This follows a 3.9 percent
February decrease and is the fourth increase in the last five months.

Transportation equipment had the largest increase, $2.8 billion
or 6.2 percent to $48.3 billion, due to increases in shipbuilding and
tanks and motor vehicles and parts. This follows a 13.3 percent
February decrease and is the fourth increase in the last five months.
Electronic and other electrical equipment, up three of the last four
months, increased $1.3 billion or 40 percent to $34.0 billion; led by
electronic components, most industries increased. This follows a 6.4
percent February decrease. Industrial machinery and equipment, up
for the first month since December, increased. $1.2 billion or 3.2
Rercent to $38.2 billion. This follows a 0.3 percent February
lecrease.

New orders for nondurable goods increased $1.2 billion or 0.8
percent to $150.5 billion. This follows a 1.1 percent February
increase and is the fourth increase in the last five months. Petroleum
and coal products had the largest increase.

Shipments

Shipments of durable goods in March increased $3.5 billion or
1.8 percent to $198.0 billion, revised from the previously published
1.3 percent increase. This is the ninth increase in the last ten
months. Transportation equipment, up six of the last eight months,
had the largest increase, $2.1 billion or 4.3 percent to $49.6 billion;

all categories except aircraft and parts increased. This follows a 0.6
percent February increase. Electronic and other electrical equipment,
up for the first month since December, increased $0.6 billion or 1.8
percent to $32.8 billion. This follows a 1.8 percent February
decrease. Instruments and related products increased $0.3 billion or
2.0 percent to $14.3 billion. This follows a 0.2 percent February
increase, Primary metals increased $0.3 billion or 1.9 percent to
$14.5 billion, following a 0.6 percent February decrease.

Shipments of nondurable goods, up four of the last five months,
increased $1.6 billion or 1.1 percent to $150.9 billion. This follows
a 1.1 percent February increase. Petroleum and coal products, up
three of the last four months, increased $1.1 billion or 9.7 percent to
$12.3 billion, following a 2.0 percent February increase.

Unfilled Orders

Unfilled orders for durable goods in March increased $1.4
billion or 0.3 percent to $503.5 billion, revised from the previously
published 0.2 percent increase. This follows a 0.1 percent February
decrease. Industrial machinery and equipment, up four consecutive
months, had the largest increase, $1.4 billion or 1.9 percent to $76.8
billion. This follows a 0.4 percent February increase. Electronic and
other electrical equipment, up four consecutive months, increased
$1.2 billion or 1.8 percent to $64.2 billion. This follows a 0.7
percent February increase. Transportation equipment, down six of
the last seven months, decreased $1.3 billion or 05 percent to $245.0
billion. This follows a 0.8 percent February decrease.

Inventories

Inventories of durable goods in March decreased $0.7 billion or
0.2 percent to $293.4 billion, following a 0.2 percent February
increase. This is the fourth decrease in the last five months.
Transportation equipment, down four of the last five months,
decreased $0.6 billion or 0.8 percent to $73.3 billion, following a 0.2
percent February increase. Primary metals, down for the sixth
consecutive month, decreased $0.5 billion or 1.9 percent to $23.7
billion, following a 1.1 percent February decline. Electronic and
other electrical equipment increased $0.3 billion or 0.8 percent to
$40.4 billion, following a 1.4 percent February increase.

Inventories of nondurable goods, down four consecutive
months, decreased $0.2 billion or 0.1 percent to $170.0 billion,
following a 0.7 percent February decrease. Chemicals and allied

roducts had the largest decrease, $0.3 billion or 0.7 percent to $46.0
illion. This follows a 0.3 percent February decrease. Petroleum
and coal products, up for the first month since November, increased
$0.4 billion or 4.1 percent to $10.4 billion, following a 1.9 percent
February decrease.

By stage of fabrication, March finished goods increased 0.3
percent in durables and decreased slightly in nondurables. Work in
process decreased 0.7 percent in durables and increased 0.7 percent
in nondurables. Materials and supplies decreased 0.1 percent in
durables and 0.6 percent in nondurables.

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

The advance report on durable goods for April is scheduled for May 26, 1999 at 8:30 a.m, and the full report on June 3, 1999 at 10:00.m. For sale by the Superintendentof Documents,
U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through the Department of Commerce's online Economic Bulletin Board (N-8-1)


Nondefense Capital Goods 11
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders
2b) + - - - ~~ - fe XK NX ee 452
Shipments
47 F- ~~ ee - ee ee ee eee eee 447
Za
CO 4 42
ee 37
L i 1 L 1 1 1 1 L L 1 il 1
Mar May Jul Sep Nov Jan Mar May Jul Sep Nov’ Jan = Mar
Mar. 1997 - Mar. 1999
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
10 10
gb------------------------------------- New Orders | Ig
Shipments
BE ------ 2-2-2222 eee eee ee ee ee 2 Se 48

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

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’

BY INDUSTRY GROUP
(Millions of dollars)

INVENTORIES, BY STAGE OF FABRICATION,

Seasonally adjusted

‘Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Mar, Feb. Jan, | Feb~ | Jan- | Dec Mar. Feb Jan. Mar. | Mar.
1999? | 1999" 1999 | Mar. | Feb Jan, 1999 | 1999" 1999 1998 | 99/98
MATERIALS AND SUPPLIES
All manufacturing industries 153,517 | 153,939 | 154,015 03 00 0.0 | 152,705 } 154,371 | 154,756 | 153,671 -0.6
Durable goods industries. 92,387 | 92.436 | 91,974 0.1} +05 | +03 | 91,284 | 92,448 90,836 +05
Stone, clay, and glass products ni92 | 3.136 | 3134 | 418] +01 05 | 3:160 | 3,134 2,939 +75
Primary metals. : 7579 | 7:590 | 7.701 ol] -14] -18 | 7302 | 7.497 7,483 24
Fabricated metal products 10388 | 10,429 | 10,403 04] +02 0.0 | 10/359 | 10,406 10,496 “13
Industrial machinery and equipment | 20,249 | 19:989 | 19:997 | +13 00 | +11 | 19/985 | 20,089 19,501 425
Electronic and other
electrical equipment . 15,672 | 15,636 | 1ssi1 | +02] +08] -02] 15,462 | 15,534 15,616 -10
‘Transportation equipment 15,068 | 15,552 | 15,257 3.1] +19} 408} 15088 | 15,648 15,357 -18
Instruments and related products. | 91221 | 91130 | 8872 | +10] 429} -16] 9.186 | 9,029 04 +16
Lumber, furniture and
miscellaneous durable goods 11018 | 10974} 11099} 404} -1t J 419 | 10,742 | tat 10,402 43.3
Nondurable goods industries 61,130 | 61,503 | 62,041 06] 09} -04 | 61,421 | 61,923 62,835 23
Food and Kindred products i420 | 113315 | inao9 | +09] -o8 | +12] m's2r | iaal 11309 +19
Tobacco products 4,706 | 4,809 926 21) 24] 2 4827 | 3,113 52214 -74
Textile mill products 2851 2869 | 2/881 06} 04} 08 | 2/883 | 2/906 3,021 4.6
Paper and allied products 7768 | 7.772 | 7841 or} 09 | sa} 7815 | 780 8,058 -3.0
Chemicals and allied products 15,485 | 13,661 | 15°81 “ll } 09 | +04 | 1sass | 15,712 15,307 +1.0
Petroleum and coal products 3155 | 315 | 3.072 | 413 | tha | -10 | 3.216 | 3.057 34688 | -12.8
Rubber and plastics products | | | 6308 | 6830 | 6.843 03} 0 -0.6 | 6.823 | 6,888 6.706 417
Apparel, printing and publishing
and leather goods . . . 3.937 | 9,132 | 9.258 21} 14] -16] 8.881 | 9,005 9,532 -68
WORK IN PROCESS
All manufacturing industries 148,064 | 148,707 | 148,805 04] -01 -1.2 | 146,990 | 148,767 | 147,207 | 146,997 0.0
Durable goods industries... .. 118,406 | 119,250 | 119,364 | 0.7] -0.1 -1.6 | 117,765 | 119,390 } 117,801 | 118,054 02
Stone, clay, and glass products - 329 | 1344 | L404 i} 43} 412 | a3 424 392 1,415 “01
Primary metals. « 8218 | 8.426 | 81533 25] -13 | 04 | 8268 83509 | 8,712 “5.1
Fabricated metal products . 9,011 9,061 9,067 -0.6 -O.1 -0.4 8,952 8,899 8911 +05
Industrial machinery and equipment | 22.223 | 22,654 | 22.551 19] +05 | 40.2 | 21°904 22125 | 223396 22
Electronic and other
electrical equipment . 13,835 | 13,733 | 13,700 | +07] +02 | +05 | 13,766 13,500 | 14,573 “5.5
Transportation equipment . - 48,702 | 48,779 | 48;84s 02) 0.1 “3.8 | 48.420 48,409 | 46,736 43.6
Instruments and related products . 9878 | 9998 | 91965 12] +03} 04] 9821 9719 | 91950 13
Lumber, furniture and
miscellaneous durable goods 5210 | 5,255 | 5,299} 09} -08 | +02] 5,221 5,248 | 5,361 26
Nondurable goods industries 29,658 29,457 29,441 +0.7 +01 +03 29,225 29,406 28,943 +10
Food and Kindred products 6.125 | 6.151 : 04] 420} 433 | 6.037 6,352 | 5,619 474
Tobacco products 95 93 9s | 422] 24] 410 92 98 107 | -14.0
Textile mill products)... | 2523 | 2518] 2,553] +02] -14] -14] 2,511 2,561 2,681 63
Paper and allied products | 1646 | 1650 | 147 | -02 | +02 | -05 1,660 1,690 1.673 0.8
Chemicals and allied products: 8,71 8762 | si60a | 401] 418] 401 8,633 8/461 8.230 | +49
Petroleum and coal products 2435 | 2241 | 2292 | 487] -22 | -24 ] 242i 2,256 | 24693 | -10.1
Rubber and plastics products. 2267 | 2225 | 2245 | +19] 09 | +06 | 21285 2.279 | 2282 +0.1
Apparel, printing, and publishing
and leather goods ae 5,796 5,817 5,976 0.4 27 04 5,586 5,709 5,658 “13
FINISHED GOODS
All manufacturing, industries 161,771 | 161,552 | 162,047 | +01] -0.3 | -0.1 | 162.553 | 163,542 | 160,625 | 160,666 +12
Durable goods industries 82,570 | 82,344 | 82,225 | +03] +01 -0.2 | 83,448 | 93,928 | si4is | 81,15 42.6
Stone, clay, and glass products 4.759 | 4,783 | 4,843 5] -i2 | +10 | 4919 | 4941 | 4'864 | 41984 -13
Primary metals 7925 | 8.160 | 8.204 | 29] 05 | 08 | go10] 8314 | 8222 | 7,997 +02
Fabricated metal products 11377 | 11359 | anaso| +02] -08 | +09] 11690 | inser | 11344 | 11276 $3.7
Industrial machinery and equipment | 18,405 | 18,030 | 18,110 | 421 | -04 | -08 | 18,567 | 18,677 | 18,255 | 18,581 “0.1
Electronic and other
electrical equipment . 10,932 | 10,764 | 10,370 | +16} +438] -23 | 10,858 | 10,807 | 10,082 | 10,762 +09
‘Transportation equipment | | | 9576 | 9.641 | 9.750 07] 11 -06 | 9.730 | 9853 | 9,503 | 8.973 48.4
Instruments and related products 7536 | 7,629 | 7.606 2] +03} +14] 7397 "579 | 7.288 | 7.124 43.8
Lumber, furniture and
miscellaneous durable goods 12,060 | 11,978 | 11,892 | 40.7] +07] +11 | 12,277 | 12,176 | 11,857 | 11,618
Nondurable goods industries 79,201 | 79,208 | 79,822 00] -08 0.0 | 79,105 | 79,614 | 79,210 | 79.381
Food and Kindred products 20,153 | 20307 | 20220 | -o8 | +04 | +02 | 19.734 | 20.263 | 20,060 | 20,155
Tobacco products 561 On 661 32) -76 | -68 497 743 788 659
Textile mill products’. 4699 | 4638 | 4644 | 413 | -01 0.9 | 4683 | 4,707 | 4625 | 4,547
Paper and allied products 6,667 | 6656 | 6692 | +02] 05] -13 | 6746 | 6709 | 6.686 | 6,785
Chemicals and allied products 21,734 | 21872 | 22010 | -06 | 06 | +06 | 22185 | 22405 | 22.010 | 22,197
Petroleum and coal products 4859 | “aesa | “4875 | 437] 39] +15 | “4675 | “4477 | “4768 | 4'858
Rubber and plastics products 7581 7655 | 7,692 | -10] -05 | +05] 7800} 7944] 7,783 | 7,859
Apparel, printing and publishing
and leather goods . 12,947 | 12,785 | 13,028 | +13] -19 | -06 | 12,725 | 12,366 | 12,490 | 12,291

° Preliminary. * Revised,

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


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
Mar. Feb. Jan.|  Feb-|  Jan-|— Dec- Mar. Feb. Jan. Mar.| — Mar.
1999" 1999" 1999] Mar. Feb. Jan. 1999" 1999" 1999 1998] 99/98
All manufacturing industries... . 527,038} 525,999] 526,677] +0.2 “0.1 +15] 528,875] 529,549] 530,997] 537,538 “16
Manufacturing industries
without defense capital goods . . 430,119} 430,004} 429,452 0.0) +01) +15] 430,161] 432,885] 432,234] 434,766 “ld
Durable goods industries. . 503,535} 502,108] 502,787] +03 -0.1 +15] 505,551] 506,205] $07,600] 512,007 “13
Stone, clay, and glass products 6,246] 6,197 6249] +08 08) +05 6,317 6,219 6,234 6,455 22.1
Primary metals ooo. 29,209] 29.279] 28,902 0.2) +13 -2.2] 30,743] 30,591] 29,215] 35,674] -13.8
Blast furnaces, steel mills 11,448 11,320 10,991 +1 43.0 3.8 12,206 12,003 11,176 15,376 -20.6
Iron and steel foundries 5,102 5,283 5,437 “34 28 “04 5,309 5,427 5,450 6,093} -12.9
Nonferrous and other primary
metals . 12,659] 12,676] 12,474 -0.1 +16 -15] 13,228] 13,161] 12,589] 14,205 -6.9
Fabricated metal products 26,221) 26,139) 26,109] +03) 40.1] = 40.8} = 26,231} 26.158] 25.997] 26,793 21
Industrial machinery and equipment 76,834] 75,390) 75,109] +19) +04] +09] 77,132] 76,463] 75,953] 74,552] 43.5
Engines and turbines 20,427{ 19,111} 18,493} 46.9] 43.3) 42.3] 20,186] 19,299] 18987] 11.584] +743
Construction, mining and
material handling equipment 9,505 9,705 9,815 21 “Ld 03 9,996} 10,068 9923] 14,734] -14.8
Metalworking machinery : 6,673 6,691 6,563 03] 420] +18 6,673 6,691 6,563 7,464) -10.6
Computer and office equipment . . . 8,193 7,910 8184] 43.6 33/ +03 7,933 7,168 7,929 7,656) +36
Electronic and other
electrical equipment 64,171 63,011 62,595 +18 40.7 434 62,677 63,887 64,747 55,982]  +12.0
Electrical transmission and
distribution equipment and
industrial apparatus . 6,332 6,280 6259] +08] +03 16] 6,462 6,399 6,252 6,658 29
Electric lighting and
wiring equipment . . . 5,132 5,156 3,124 05] +06] +20 5,132 5,156 5,124 5,142 +02
Communications equipment 18,065] 17,682] 17,186] 42.2) 429) 409! 18041] 17,694] 17,177] 16.441] 49.7
Electronic components 28,461] 27,772] 27,759] +2.5 0.0] +74] 26,785} 28.251} 29,670] 21,363] 425-4
‘Transportation equipment . 244,956 | 246,284] 248,365 -0.5 08] 42.1} 246,630] 247,072] 249.966] 254.923 33
Aircraft, missiles,
space vehicles, and parts. 204,987] 206,485] 207,714 -0.7 -0.6, +16] 206.347] 206,886] 208,979] 218,406 “5.5
Shipbuilding and tanks 20,763 19,881] 20,343] +4.4 23) 45.0} 20,731) 19,855] 20,345] 18,348] +13.0
Instruments and related products 47,315} 47,422} 47,291 0.2! +03} +4031 47,589] 47,845] 47,707] 49.749 43
Search and navigation equipment 26,069} 26,229] 26,146 0.6] +03 04] 26,528] 26,485] 26.428] 28,930 8.3
Measuring and controlling devices 10,333} 10,404] 10,308 0.7) 409} 41.2} 10,333] 10,404] 10,308] 10,724 -3.6
Medical instruments and Supplies 9,938 9,770 9814} +17 04) +14 9,699 9,916] 10,018 8679] +118
Alll other durable goods ...... 8,583 8,386 8167} +23] 42.7] 40.1 8,232 7,970 7,781 7879| +45
Nondurable goods industries . 23,503] 23,891] 23,890 -16 0.0} 40.1] 23,324] 23,344} 23,397] 25,531 “8.6

* Preliminary. ‘ Revised.

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


3
Table 2, VALUE OF MANUFACTURERS’ NEW ORDERS FOR INDUSTRY GROUPS
(Millions of dollars)
Seasonally adjusted Not seasonally adjusted!
Monthly Percent Change Monthly Percent Year to date
Industry change
Mar.| Feb. Jan. | Feb.-| Jan-| Dec-] Mar.} Feb. Jan} Mar. | Mar.
1999" | 1999] 1999] Mar. Feb.} Jan} 199°] 1999'| 1999] 1998] 99/08] 19997 | 1998
All manufacturing industries . . . 349,912) 343,046] 349,314) +2.0] -1.81  +1.6 367,892] 339,552 325,593] 351,066] — +4.8] 1,033,037] 995,691
Manufacturing industries

with unfilled orders eee 200,135) 196,108} 204,716] 42.1] -4.2} +3.) 212,207] 192,899 191,572] 202,300 +4.9] 596,678] 572,003
without defense capital goods 342,324) 337,547) 341,296) +14) 1.1 +1.4) 358,713] 334,897] 317,049] 344/415] — +4.211,010659| 976154
Durable goods industries 199.4191 193,786) 201,708] +2.91 -3.9] +3.) 214,187] 193,524] 188,008] 199,682| +73] sos,719] 559,987
With unfilled orders. . » >| 163,431) 158,890} 167,533] +2.91 5.2) +3.7] 175,133] 136.438 156,820] 164,154] +6.7) 488,391] 462,035
Stone, clay, and glass products oe 8,576) 8,404) 8,248) 42.0] +191 -0.5] 8,504] 7.946] 7.2821 7,770 +9.4) 23,732] 21,905
Primary metals... . ve 14418) 14,6017 13,660] -1.3} +69) -3.0 15,370] 16,011] 13,954] 15°76] -1.3] 45/338] 491029
Blast furnaces, steel mills ve] S744) 5,882] 4,957] 2.3] 418.77 -7.0 6,101] 6,603] 53771 Got! 7.6] ie081| 20.831
Iron and stee! foundries 1378) 1,373] 1,504 40.4) -8.7] 45.0) 1,532] 11564] 1,495] 1.881] -18.6{ —a’so1{ ~5'264

Nonferrous and other primary
__ metals sees i 2206 7346) 7,199) -0.71 42.0 -1.71 7,737] 7,844 7,082 7,094] 49.1] 22,663] 22,934
Fabricated metal products ic] 30-488) 20.4217 20,735] +03) -1.5| +13) 21,2961 20,746] 19,120] 201464] +411| 61162) 58'310
Industrial machinery and equipment 38,234] 37,037] 37,164] +32] -0.3 43,978} 36,232] 31,857] 43,413] +13] 112,067] 110,623

Engines and turbines

3,598] 2,930] 2.713] +22'8] +8.
Construction, mining and

3,489] 2,603) 2,156} 2,024) +72.4 8,248 5,555

‘material handling equipment 3,942) 3,880] 3,918] +16) -1.0) -4.0f 4,538] 4,240 3,771] 5,040] -10.0 12,549] 13,975
Metalworking machinery 3,472] 3,673) 3,629) -5.5] +12) +13.8) 3,684) 3.511] 2:81 3,867| -4.7] 10,006} 9,974
Computer and office equipment ...] 11,158) 10.921 10,993) +2.2) 0.7] -4.9) 14,386} 9,637] 8,021] 14,053] +24] 32,044 30,623

Electronic and other
electrical equipment oy 33,969] 32,651] 34,895] +4.0) -6.41 +3.1] 34,077] 30,336] 34,752 31,333} +8.8] 99,165] 90,916

Electrical transmission and
distribution equipment and

industrial apparatus... .... 3,827) 3,646) 3,527) +5.0} +34) -7.3) 4,213] 3,823] 3,247 3,969} +6.1] 11,283] 11,140
Electric lighting and
wiring equipment . . “] 2299) 2.266) 2,344) +15) -3.31 -7.6 2,498) 2,318] 2,068] 2,385] 44.7) 6,884] 6,873
Communications equipment ... . . 8,425] 8,130) 8,224) 43.6) 1.1] 411.7] 91553] 7/393] 6254] 844i} 413.2 23,200) 21,475
Electronic components . . 13,750) 13,070) 15,211) +521 14.1] +5.5] 12,201] 11,466] 18,008| 11.299 +8.0| 41,675 36,375
Transportation equipment ..... . 48,2277 45,421] 52,396] +6.2/ -13.3] 13.5) 53,450] 47,632] 50,028] 46,424) 415.1] 151,110] 132'668
Aircraft, missiles,
space vehicles, and parts... . 10,699) 10,978} 15,535] -2.5] 29.3] +979] 12,616] 9,641] 15,041] 10,214] 423.5] 37,298] 31,815
Shipbuilding and tanks. . . 2,077| 433) 2,014) 379.7) -78.5) -14.3] 2,127 389] 1,809 957] 122.3] 4,325} 2,380
Instruments and related products . . 14,220) 14,177) 14,153) 40.31 +0.2) +0.31 15,203] 14,012] 12/806] 14,5241 +47] 42,021] 40°890
Search and navigation equipment 3.016) 3,177) 3,055] 5.1) 44.0) 44.4) 3,444) 3.1941 217281 3.113] +106) 91366] —_8'520
Measuring and controlling devices 4.001) 4,237] 4,200) -5.6] 40.9) 42.9) 4338] 41245] 3.756) 42801 +14] 12330] 12241
Medical instruments and supplies 4,934) 4,606] 4,665] 47.1] -1.3] -2.2] 5,028] 4,492] 41473 4,747 45.9] 13,993] 13,568
Alll other durable goods : 21,287) 21,074] 20,457) +1.0) +3.01 +0. 22,309] 20,609} 18,209] 20,178] +106] 61 ,127] 55,649
Nondurable goods industries... . 150,493) 149,260] 147,606] +0.8) +11] -0.5] 153,705] 146,028] 137,585] 151,384] 41.5] 437,318 435,704
With unfilled orders... . . ~| 36,704) 37,218) 37,183) 1.4) +0.1) +1.0) 37,074] 36.461] 347752 38,146) -2.8] 108,287] 109,968

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

CO) Ren 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.

RRS Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error,
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Further
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication’ Curent. Indeeerat Reports: M3-1(96),
"Manufacturers Shipments, Inventories, and Orders: 1987-1996."



uN

Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted’
Monthly Percent Change Monthly Percent] Year to date
Industry change
Mar.| Feb.| Jan. | Feb-| Jan-| Dec] Mar. | Feb. Jan.] Mar. | Mar.
1999°| 199°] 1999] Mar.| Feb.| Jan.} 19997] 1999] 1999] 1998] 99/8] 1999" | 1998
All manufacturing industries .... . | 348,873] 343,724] 341,673] +1.5|  +0.6] —-0.7] 368,566] 341,000] 307,582] 357,033] +3.2| 1,017,148] 989,711
Manufacturing Industries
with unfilled orders 199,096] 196,786] 197,075] +12] -0.1] —-0.8} 212,881] 194.347] 173,561] 208,267] +2.2| 580,789] 566,023
without defense capital goods 342,209] 336,995] 334,933] +1.5] +0.6] 0.8] 361,437| 334,246] 302,088] 349,909] +3.3] 997,771] 970,730
Durable goods industries... . 197,992} 194,465] 194,091] +18] +0.2| 0.7] 214,841] 194,919] 170,448] 205,948] +43} 580,208] 554,314
With unfilled orders... 162,004] 159,569] 159,916] +15] -0.2| — -1.0} 175,787] 157,833| 139,260] 170,420] +3.1| 472,880} 456,362
Stone, clay, and glass products. . . 85527] 8,456] 8.220] +0.8] +291 -1.2] 8,406] 7.961} 7,119} 7,690] +93] 23,486] 21,626
Primary metals... . 14.488] 14.224) 14.312] +19] -0.6] +06 15,218] 14.635] 13,586] 16,362) -7.0] 43,439] 47,693
Blast furnaces, steel mills |... 5,616] 3,553] 3.396] +11] +29) +07] 5,898] 5,776] 5,236] 6.710] -12.1] 16.910] 19,813,
Iron and steel foundries -| 45559) 1,527] 1,528] +21] 40.1) -2.8] 1.650) 1,587] 1397] 1,649] 40.1] 4,634) 4,647
Nonferrous and other primary
metals . 7313] 7,144] 7.391] #24] 3.31 +13] 7,670] 7.272} 6.953] 8,003] -4.2] 21,895] 23,233
Fabricated metal products... .. 20,406] 20.391] 20,520] +0.1]  -0.6f 0.0) 21.223) 20.585] 18,557] 20,575] 43.1] 60,365] 57,867
Industrial machinery and equipment . | 36,790] 36,756] 36.513| +0.1| +0.7]  -1.0} 43,309] 35,722] 30,345) 43,739 -1.0} 109,376] 109,496
Engines and turbines 2.282] 2.312] 2302] -1.3] +04, -1.3) 2,602] 2.291] 1,894] 2.700] -3.6| 6,787} 6,505
Farm and garden machinery... 2,003} 1941] 1/931] 43.2] +0.5f +97] 2,756) 2.275} 1,733] 2.760] -0.1] 6.764} 6,995
Construction, mining and
material handling equipment. . . 4,142] 3,990] 3,943] +38} +12} -1.2) 4,610] 4,095] 3,481] 4,598] +0.3] 12,186] 12,607
Metalworking machinery... . 3,490] 3.545] 3,512] -1.6| 40.9] +03} 3,702] 3383) 2,694) 3,714] -03] 9,779] 9,659
Computer and office equipment... | 10,875] 11,195] 10.971] -2.9] +2.0]  -0.5] 14,221] 9,798] 8,033} 14.168] +04] 32,052] 30,599
Electronic and other
electrical equipment... 32,809] 32,235] 32,830] 41.8} -1.8] -0.5] 35,287] 31,196] 27,811] 33.177] +64] 94,294] 88,240
Electrical transmission and
distribution equipment and
industrial apparatus . 3,775] 3,625] 3,627] +4.) -0.1] 4.8) 4,150] 3,676] 3,176] 4.021] +32] 11,002} 11,000
Household appliances : 2/326] 2,405] 2,256] 3.3] +6.6 40.7} 2,573] 2,346] 1,825] 2.251] +143] 6,744] 5,889
Electric lighting and
wiring equipment . 2,323] 2,234) 2,242] +4.0] 0.4) -7.9 2,522] 2,286] 1,966] 2,415] #44) 6,774] 6,658
Household audio and
video equipment... -| 1,001] 1,046] 1,155] -4.3] -9.4) +28} 961] 952] 930] 1,027] 6.4] 2,843) 2,785
Communications equipment... . 8,042] 7,634] 8,071] +53] 5.4} +5.9] 9,206] 6,876] 6,134] 7,966] +15.6] 22.216] 19,365
Electronic components .........| 13,061] 13,057] 13,310} 0.0) -1.9] -1.7} 13,667} 12,885] 11,993) 13,360] +2.3) 38,545] 36,350
‘Transportation equipment . »...{ 491555] 47,502] 47,236] +43] 40.6] -1.4) 53,892] 50,526] 42,646] 48,839] +103] 147,064) 132,259
Motor vehicles and parts .......} 33,361] 32,118] 31,970} +3.9] +05] -0.6 36,482] 35,628] 30,104] 32,955] +10.7] 102,214] 92,079
Aircraft, missiles,
space vehicles, and parts. .....| 12,197} 12,207] 12,258] -0.1] -.4] +1.8] 13,158] 11,734] 10,070] 12,302] +69] 34,959) 31,529
Shipbuilding and tanks... . 1.195] '395] 1044} +33.5{ 14.3] 414.2) 1.251] 879] 786) 1,003] 424.7] 2,916] 2,462
Instruments and related products .... | 14.327] 14,046] 14.011] 42.0] +0.2} -2.5) 15,459] 13,874] 12,284) 15,181] $1.8] 41,617) 41,270
Search and navigation equipment 3,176] 3.094] 3,169] +27] 24] -2.6] 3,401) 3,137] 2,728] 3.215] +5.8] 9,266] 8,833
Measuring and controlling devices 4,072 4,141 4,077 -L7 +16) +21 4,409) 4,149) 3,633) 4441 0.7 12,191 12,370
Medical instruments and supplies 4.766} 4.650] 4,526] +25} 42.7} 5.6 5,245] 4,594] 404i} 4.953] 45.9) 13,880] 13313
Photographic goods cone 1:820f 1,653] 1.786) +10.1]  -7.4)  -4.6 1.890] 1.511] 1.479} 2,065] -8.5] 4,880) 5,425,
All other durable goods 21,090] 20.855] 20,449] +1.1] +2. 40.7] 22.047] 20.420] 18,100] 20.385] +8.2] 60,567) 55,863
Nondurable goods industries . 150,881] 149,259] 147,582) +11] +11) — -0.8} 153,725] 146,081] 137,134] 151,085] +1.7| 436,940] 435,397
With unfilled orders 37,092 37.217} 37,159] -03} +02) +0.1] 37,094] 36,514] 34301] 37,847} — -2.0] 107,909] 109,661
Food and kindred products . 4u7i4| 41.479 41319] +06] +0.4] — -0.6 42,553] 40.346| 38,810] 41,268] +3.1] 121,709] 118,897
Meat products. ....... 81663} 8.590] 8,602] +0.9] -0.11 +03} 8,689] 8337] 8,069] 8.710] -0.2| 25,095] 25,193
Dairy products . . . :.| 6.722) 6,591] 6,640] +20) -0.7] -4.4) 6.916) 6,408) 6,508) 6,142] +126 19,832] 17,634
Beverages 6.254) 6272) 6.247] -0.3| +04) +16) 6.178] 5,658] 5,396] 5.904] $4.6] 17,232] 16,707
All other foods, except fats and oils | 18,140] 18,068] 17,903] +04] +09] +0.8) 18,837] 17985] 16.910] 18,363 +2.6] 53,732] 52,964
Tobacco products ...... 4.182) 4,088] 4,017} +23] +18! +5.2) 4.497] 4,069] 3,820] 3,492] +28.8] 12,386] 9,895
Textile mill products 2... . ‘| 6356| 6426] 6581] -1.1] -2.4) +1.7] 6,733] 6,268] 5,769] 7,381] 8.8] 18,770] 20,455
Broadwoven fabrics and
other textiles soe 3,608] 3,694, 385i} -23] 4.1] +11] 3,960] 3,680] 3.481) 4,753] -16.7] 11,121] 12,896
Paper and allied products... . 13,380] 13,662} 13.443] -2.1] +16 1.7] 13,434] 13.749] 12.931] 14,092) 4.7] 40,114] 41,574
Pulp, paper, and
paperboard mill products. . . 5,167] 5,236 5,177] -1.3) +1} +23] 5.217] 5,265} 4,983] 5,531] -5.7] 15,405] 16,471
Paperboard containers and boxes 3,260] 3368] 3,401] -3.2[  -L.0f -5.3) 3.293) 3,386] 3.275) 3,677] -10.4| 9.954] 10,701
Miscellaneous converted
paper products 4,953) 5,058] 4,865) -2.11 +40] -3.0) 4,924] 5,098] 4.673] 4.884) +0.8] 14,695] 14,402
Chemicals and allied products 33,472) 33,196] 32,305] +0.8] +2.8) -3.8) 35,336] 32,585] 30,801] 34.428) +2.7| 98,742] 97,767
Industrial chemicals 14,602] 14.670} 14,688] -0.5] -0.1]_ -0.9 15,148] 14,938] 14,104) 15,854] 4.5] 44,190] 46,704
Drugs, soaps, and toiletries . 14875] 14,690] 13,914] +13] +56] 5.9} 15,677| 13,883] 13.458] 14,157] +10.7] 43,018] 39,306
Petroleum and coal products... . 12349] 11,262} 11040] +97] 42.0} 0.2) 11384) 10,137| 9,819] 11,809] 3.6] 31.340] 35,560
Rubber and plastics products... . 13,729] 13,718] 13,207] +0.1] +39] -1.4) 14,392) 13.907] 12,207] 13,753] +46] 40,506] 39,258
All other nondurable goods. . . 25,699] 25.428] 25,670] +11] -0.9} +2.1) 25,376| 25.020] 22.977] 24,862] +2.1) 73,373] 71,991

Preliminary. * Revised

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