Table 4. VALUE OF MANUFACTURERS’

(Millions of dollars)

INVENTORIES FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Apr. Mar. Feb.]| Mar-} Feb-]— Jan- Apr. Mar. Feb Apr.| Apr.
1995" 1995" 1995] Apr. Mar. Feb. 1995" 1995" 1995 1994] 95/94
All manufacturing industries . 404,621 | 402,081 | 399,726 +0.6 +0.6 +0.9} 406,699] 402,074] 401,729] 382,017 +65
Manufacturing industries
with unfilled orders 269,620} 267,741] 265,715 +0.7 +0.8 +0.9| 271,547] 267,102} 266,133] 253,616 +7.1
without defense capital goods 382,749 | 379,957] 377.442 40.7 40.7 +11] 384,717] 380,048} 379,632] 356,387 +79
Durable goods industries 254,731 | 253,237] 252,124 +0.6 +04 +0.7) 256,049] 253,082] 253,603] 240,081 46.7
With unfilled orders : 233,094] 231,742] 230,615 +06 +05 +0.7} 234,334] 230,888} 231,088] 219,878 +6.6
Stone, clay, and glass products 8,078 7,890 7,768 42.4 +16 +0.6 8,309 8,091 7,985 7,674 +83
Primary metals 21,610) 21,489] 21,321 +06] +08 +11] 21615] 21.425] 21.423] 19.499] +109
Blast furnaces, steel mills . . 10,261 10,178 10,078 +0.8 +10 +17 10,066 9,990 10,184 9.281 $8.5
Iron and steel foundries 1,622 1,613 1,598 +0.6 40.9 -0.1 1,666 1,656 1,614 1,504] +108
Nonferrous and other primary
metals : 9,727 9,698 9645] +03 +05] +06 9,883 9,625, 8714] +134
Fabricated metal products 25,388] 25,154] 24,718 +09 +18 +16] 25,716 24,892] 23,152] +IbI
Industrial machinery and equipment 51,614] 51,289] 51.371] +0.6 02] +10] 51,740 51,753] 47,946] +79
Engines and turbines 3.710 3,941 3,810 359} 434 0.0 3,728 3,688 3,608} +33
Farm and garden machinery 2,828 2,859] 2,854 “11 0.2] +06 2,757 3,122 2,390) +154
Construction, mining and
material handling equipment 6,380 6,376 6,307 +0.1 +11 +13 6,476 6,497 6,387 5,823 +112
Metalworking machinery 5,953 5,916 5,858 +0.6 +10 +0.7 6,007 5,843 5,834 5,443] +104
Computer and office equipment . 11.234] 10.975] 11.666] +2.4 59 02] toss} 10.422) 11,549] 11,683 “5.1
Electronic and other
electrical equipment 43,006] 42,563} 42,232 +10 10.8 +2.0 42,376 35,924] +21.0
Electrical transmission and
distribution equipment and
industrial apparatus 4819] 4,829 4,805 02] +05] +03 4872 4,769 4348] +121
Household appliances 2,905 2.913 2,894 03 40.7 +18 3,120 3,017 2,762] +13.0
Electric lighting and
wiring equipment . 3,188 3,160 3,166 40.9 0.2 +0.5 3,236 3,173 3,152 2,976 +8.7
Household audio and
video equipment 1,513 1,437 1389] 453] 435] +29 1,483 1,368 1,329 1,037] +43.0
Communications equipment 13,938] 13,689] 13,626] +18] +05] 44.5] 14,160] 13,609] 13,707] 10,377] +36.5
Electronic components 12,968] 12,901 12,848 +0.5 +04 +11 12,903] 12,762} 12,787] 11,145] 15.8
Transportation equipment 58,416 58,635 0.4 +0.5 04 58,322 58,691 60,423 35
Motor vehicles and parts 12,377] 12,297] 12.150] +0.7 HQ] +04] 12,237 11,547] +6.0
Aircraft, missiles,
space vehicles, and parts. 41,309} 41,737] 41,397 10} +03 -1.0 44,747 17
Shipbuilding and tanks . 1514 1,559 1,566 29 -0.4 42.2 1,642 -49
Instruments and related products 22,015 21,931 21,904 +0.4 +0.1 +04 21,934 +0.9
Search and navigation equipment 51534 3 5.616 08 07/ +09 5.717 29
Measuring and controlling devices 6,982 6,878 6934] +15] +06] +10 6480] +87
Medical instruments and supplies 6,116 6,071 6,058 40.7 +0.2 -0.8 6,153 -0.7
Photographic goods . 2,501 2.521 2.531 -08 04] 414 2,770 83
All other durable goods . . 24,604] 24,286] 24.477] +13 -08 0.0 23,529] +5.1
Nondurable goods industries . . . . 149,890] 148,844] 147,602 +0.7 +08 +1.2] 150,650] 148,992] 148,126] 141,936 +6.1
With unfilled orders 36,526] 35,999] 35,100 +15 42.6 +17] 37,213] 36.214] 35,045] 33,738] +103
Food and kindred products 31,047] 31,284] 31,287 -0.8 0.0 +04) 30,174 29,682 +17
Meat products 3,459 3,489 3,483 0.9 +0.2 +0.8 3,528 “3 506 3,441 42.5
Dairy products 2,795 2,800 2,795 0.2 +0.2 +03 2,854 2,694 2,768 43.1
Beverages .... 5,308 5,328 5,309 03} +03] +09 5,335 5,307 5,337 0.0
All other foods, except fats and oils 17,985 18,124 08 +04 +0.1 16,888 18,071 16,184 +43
Tobacco products 5,416 5,490 “13 35 -0.1 All 6,059 6,021 -10.1
Textile mill products . . 10,076 | 10,018 +06) +12] +06 10106] 10.030 9,924] +46
Broadwoven fabrics and
other textiles 5,598 5,580 +03 +10 +06 5,760 5,631 5,633 5,556 43.7
Paper and allied products 14.748] 14,454 +20) +23 +19} 15,128] 14.691] 14.302] 13,739] +101
Pulp, paper, and
paperboard mill products 5,653 5,566 492 +16 13 +0.9 5,806 5,660 5,567 5,926 2.0
Paperboard containers and boxes 4,063 3,903 3,780 +41 33 +40 4.144 3.973 3,872 3.214] +28.9
Miscellaneous converted
Paper products 5,032 4,985 4,860 +0.9 26] +14 5,178 5,038 4,863 4,599] +12.6
Chemicals and allied products 35 164] 34,689] 34,631] +14] +0.2] —-+0.7] 35,594] 35,063 34,386] +3.5
Industrial chemicals 17,000 17,029 +2.2 0.2 +0.9 17,440 17,106 17,359 16,076 48.5
Drugs, soaps, and toiletries i 040] 13,031] 13,057] +0.1 02] +06] 13,131] 12,903} 12,877 42
Petroleum and coal products . 11,198] 11,090] 11,057 +10 +03 +14] 11,169] 10,839] 10,726 +103
Rubber and plastics products 14,123 13,863 13,751 +19 40.8 432 14,372 14,105 14,048 +148
All other nondurable goods 28118] 27,956] 27,156 +0.6 42.9 +19} 28422] 27,772] 26,495 +13.

° Preliminary. ‘ Revised

See note at end of table 2 relating to

survey variability


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

340 340
New Orders

320 ------ 7-2-2 e ee eee eed Shipments |-1 320

300 300

280 280

260 260

240 1 L i it it 1 1 1 L 1. i i L 240
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr

Apr. 1993 - Apr. 1995

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 4]
2.4 vos }-44
2.3 “us {43.9
2.2 =

3.8

2.1

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb = Apr
Apr. 1993 - Apr. 1995

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.
1995? 1995" 1995 | Apr. | Mar. | Feb. 1995" 1995' 1995 1994 | 95/04
UNFILLED ORDERS
All manufacturing industries 462,528 | 464,208 | 463,020 04 403 +0.5 | 467,844 | 468,163 | 465,440 | 451,901 43.5
Market categories :
Automotive equipment : 2151 2,158 2,163 -03 0.2 -0.2 2,172 2,190 2,218 2,012 +8.0
Home goods and apparel 9.854 9,969 | 10,094 AZ| -12 -04 | 10,297 | 10,024 9,915 | 10,820 48
Consumer staples... . . 1,649 1,637 1638 | +07] -O1] +13 1,619 1,606 1,624 1421 | +139
Machinery and equipment . . . . 184,130 | 185,066 | 183,990 05] +06 +0.5 | 184,681 | 185,309 | 184,769 | 182,292 +13
Business supplies 6,264 6114 6077 | 425] +06] +05 6.363 6,180 6,068 3659 | +124
Construction materials
and supplies - 15,954 | 16,037 | 16,204 -0.5 -1.0 -0.4 | 16,131 | 16,170 | 16,242 | 14,894 483
Defense products . 105,711 | 106,824 | 106,128 -1.0} 40.7] +02 | 106,959 | 108,649 | 106.577 } 108,304 -12
Other materials, supplies and
and intermediate products . 136,815 | 136,403 | 136,726 | +03 -0.2 | +09 | 139,622 | 138,035 | 138,027 | 126,499 | +104
Durable goods industries :
Nondefense capital goods * . . . . 203,342 | 204,505 | 203,280 -0.6 | +06 | +05 | 203,470 | 204,561 | 204,259 } 200,031 +17
Excluding aircraft and parts . 97,018 | 96,844 | 94,959 40.2 +2.0 +1.2 | 97,146 | 96,900 | 95,938 | 81,834 +187
Defense capital goods‘ . . 111,387 | 112,620 } 112,104 “Ll 40.5 +0.2 | 112,723 | 114,429 | 112,505 | 114,394 15
Durables excluding capital goods + | 121,826 | 121,211 | 121,481 +0.5 -0.2 +0.7 | 125,099 | 123,108 | 123,039 | 113,382 +103
Miscellaneous series :
Producers’ durable equipment .... | 219,153 | 220,121 | 219,078 0.4] 40.5 | +07 | 219,793 | 220,419 | 220,124 | 211,554 +39
Household durable goods . . . . 5,592 5,892 5,871 5.1] +04 “16 5,864 5,905 5,773 5,829 +06
Information technology industries 39,782 39,500 38,923 +0.7 +15 +16 39,485 38,968 38,618 33,385 +183
Health care equipment
and products eee 5,917 5,969 6321 0.9 5.6 04 5.916 5,968 6,319 7,123 16.9
TOTAL INVENTORIES
All manufacturing industries 404,621 | 402,081 | 399,726 +0.6 +0.6 +0.9 | 406,699 | 402,074 | 401,729 | 382,017 +6.5
Market categories
Automotive equipment 6,621 6,549 6437 | +11] +17] +08 6,621 6,669 6,677 5,992 | +105
Home goods and apparel. . . 33,597 | 33,344 | 32,983 40.8 +11 +13 | 34,097 | 33,229 | 32,796 | 31,177 49.4
Consumer staples . 58,784 | 58.884 | 58,913 -0.2 00 | +07 | 5808s | 58,233 | 58,792 | 57,221 +15
Machinery and aivipment « ee 98,234 97,859 97,619 +0.4 +02 +12 98,690 97,436 98,236 90,595 48.9
Business suppli 23,247 | 22,956 | 22,439 | +13 | +23] +14 | 23,605 | 23001 | 22,401 | 21218 | +112
Construction materials
and supplies. . . se 26,011 | 25,704 | 25,458 | +12] +10 | +04 | 26397 | 26128 | 25,815 | 24,587 +74
Defense products see 21,139 21,415 21,553 -13 -0.6 “1S 21,259 21,354 21,392 24,580 13.5
Other materials, supplies and
and intermediate products 136,988 | 135,370 | 134,324 | +12] +408] +11 | 137,942 | 135,924 | 135,620 | 126,647 +8.9
Durable goods industries
Nondefense capital goods * . . 93,073 92,657 92,461 +04 40.2 +13 93,541 91,963 92,734 85,527 +94
Excluding aircraft and parts 67,120 | 66,445 | 66,545 +1.0 -0.2 +18 | 67,652 | 65,762 | 66,654 | 59,642 +134
Defense capital goods * 21,872 | 22,124 | 22,284 ll 0.7 -14 | 21,982 | 22,026 | 22,097 | 25,630 14.2
Durables excluding capital goods 139,786 | 138,456 | 137,379 +10 +0.8 +0.8 | 140,526 | 139,093 | 138,772 | 128,924 +9.0
Miscellaneous series :
Producers’ durable equipment - | 158,642 | 157,569 | 156,900 40.7 +0.4 +11 | 159,479 | 157,122 | 157,823 | 145,692 $9.5
Household durable goods .. . . 14,857 14,614 14,620 +17 0.0 +11 15,014 14,562 14,706 13,673 49.8
Information technology industries 35,308 34,699 35,313 +18 17 +18 35,471 34,021 35,225 32,064 +106
Health care equipment
and products. . : 13,223 | 13,172 | 13,172 | +04 0.0 0.0 | 13,268 | 13,014 | 13,014 | 13,596 24

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.
199s} 1995"| 1995] Apr. } Mar.} Feb.] 1995°] 1995'} 19951 1994] 95/94} 1995? | 1994.
SHIPMENTS
All manufacturing industries 295,637] 298,437] 298,556] -0.9} 0.0} +0.3} 292,695] 313,519] 295,576] 272,953] +7.2]1,170,147]1,070,651
Market categories
Automotive equipment 13,871] 14,698} -5.6]  -0.7/ +0.1] 14,794] 15,940] 15,878] 14,722] 40.5} 60,106] 56,603
Home goods and apparel 19,469] 19,722 -13] +08] -1.1) 18,159} 20,391] 19,446] 17,759] 42.3} 75,135] 71,092
Consumer staples 60,898] 60,061 +14} -0.7} 0.0} 58,965] 60,398} 58,358] 56,146] — +5.0] 233,090] 224,083
Machinery and equipment 53,242] 53,737! -0.9] 0.0] +2.1] $2,057) $9,676} 52,923] 47,402) +9.8] 209,455} 188,282
Business supplies 22,209] 22,030) +0.8{  -0.1{  -0.6 22.612) 22,373) 21,652) 21,119} +71] 87,034] 79,919
Construction materials
and supplies 18,134] 18,555) -2.3]  -3.2) +04) 18,154) 18,905] 18,256] 17,839] +1.8] 71,934] 67,482
Defense products 7,084} 7,155 -1.0] -0.4)  -2.0) 6,663} 7,546] 6,939} 6.936] -3.9] 27,281] 28,003
Other materials, supplies and
and intermediate products 100,730] 102,479] 101,606] -1.7]  +0.9|  +0.1] 101,291} 108,290] 102,124] 91,030] +113] 406,112] 355,187
Durable goods industries
Nondefense capital goods * 41,418] 41,403] 40,954] 0.0} +11] +2.7) 39,068] 46,926] 39,274] 34,101} +14.6] 158,284] 138,464
Excluding aircraft and parts 36,044) 36,355] 35,759] -0.9]  +1.7] +25) 33,804] 41,263) 34,268] 29,650} +14.0| 138,469] 119,359
Defense capital goods ‘ : 6,567] 6,643] 6,642) -1.1 0.0) -1.9} 6,085] 7,010] 6,358} 6,471 -6.0] 24,995} 26,331
Durables excluding capital goods. | 110,274} 113,525] 113,610] -2.9] -0.1]—-0.7] 111,949] 120,266] 115,344] 106.663] +5.0] 451,688] 413,990
Miscellaneous series :
Producers’ durable equipment 101,153} 103,355} 103,221] -2.1]  +0.1] — +0.7] 100,306] 113,667] 103,803] 95,067 +5.5] 408,005] 376,255
Household durable goods 8,272) 8,378] 8,281] -1.3] 41.2) -2.5] 7,879] 8,935] 8,045] 7,701] +2.3] 32,187] 30,249
Information technology industries 19,660} 20,027] 19,396] -1.8 3] +2.4) 17,382] 23,042] 17,746} 15,441] +12.6 64,109
Health care equipment
and products 8,611] 8,681] 8,735] -0.8]  -0.6] +0.8] 8,213] 9,104) 8,484] 8,147] 40.8] 34,066] 33,026
NEW ORDERS
All manufacturing industries 293,957] 299,625] 300,804] -1.9] -0.4]_—--0.3] 292,376] 316,242] 299,933] 274,600} +6.5| 1,186,223 |1,084,194
Market categories :
Automotive equipment 13,864) 14,694) 14,802] -5.6} = -0.7], +0.1) 14,776] 15,912] 15,890] 14,742 +0.2} 60,131] 56,713
Home goods and apparel 19,354] 19,597[ 19,529] -1.2] 40.3} -2.5] 18,432] 20,500] 19,670] 18,117] +1.7) 77,104] 73,250
Consumer staples 60,910] 60,061] 60,477] +14] -0.7] 0.0 58,978] 60,379] 58,348] 56,160] +50] 233,077} 224,028
Machinery and equipment $2,305 54,813] $4,650} -4.61  +0.3| +1.0) 51,429} 60,217] 54,310] 47,341] —+8.6] | 213,304] 190,350
Business supplies 22,359] 22,067] 22,075] +13] 0.0 -1.2] 22,795] 22,486] 21.765} 21.108] +8.0] 87,589] 80,211
Construction materials
and supplies 18,051} 18,389} 19,113] -1.8}  -3.8) 1.9 18,114] 18,834) 18,529] 18,022] +0.5] 72,625] 68,501
Defense products .: 5,971] 7,850} 7,378] -23.9] +64) +7.7] 4,973] 9,618} 6,541] 5,229] -4.9] 27,003] 25,398
Other materials, supplies and
and intermediate products . . . 101,143] 102,154] 102,780] -1.0] -0.6] —_-0.8} 102,879] 108,296] 104,880] 93,881{  +9.6] 415,390] 365,743
Durable goods industries :
Nondefense capital goods * 40,255] 42,628) 42,055] -5.6] +14) +0.6) 37,977] 47,228] 40,682] 34,118] +11.3] 161,838] 141,158
Excluding aircraft and parts 36,218} 38,240] 36,855] -5.3] +3.8]  -1.5] 34,050) 42,225] 35,671] 31,373 +8.5] 144,608] 125,535
Defense capital goods * 5,334] 7,159} 6,865] -25.5] +43) +11.2) 4,379] 8.934} 6,063] 5,184] -15.5] 24,613) 23,587
Durables excluding capital goods 110,889] 113,255] 114,418] -24 -1.0f — -1.8} 113,940] 120,335] 118,105] 108,885) +4.6} 462,360] 424,220
Miscellaneous series
Producers’ durable equipment . . . . | 100,185] 104,398] 104,767] -4.0]_ -0.4]- +0.2) 99,680] 113,962] 105,942] 95,599] +43} 414,084] 381,666
Household durable goods 7,972) 8,399] 8,186] -5.1] +2.6]  -1.7] 7,838] 9,067] 7,962 7,851 -0.2] 32,854] 31,243
Information technology industries 19,942] 20,604} 20,023] -3.2] +2.91 +0.6) 17,899] 18,609] 16,002] +119} 76,073] 65,408
Health care equipment
and products 8,559] 8,330] 8,707] 42.7] -43] 40.2) 8,161 8,456] 7,972) +24] 33,660] 32,662

* Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories.

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

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

industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engines

and parts; ships and tank components; railroad equipment; and search and navigation equipment,

* Defense capital goods industries include
and tank components; and search and navigation equipment

See note at end of table 2 relating to survey variability

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Apr. Mar. Feb. Jan. Apr. Mar. Feb. Jan.
1995" 195° 1995 1995 1995" 1995" 1995 1995
All manufacturing industries... . . 137 135 134 133 2.86 2.85 2.86 2.85
Durable goods industries... . 1 1.57 156 1.55 3.44 341 3.42 341
Stone, clay, and glass products 1.22 112 1.08 107 1.24 1.20 1.20 1.23
Primary metals . . 144 1.40 141 138 1.96 1.92 1.95 1.93
Fabricated metal products. . . 1.62 1.60 1.56 1.50 147 1.47 1.44 1.40
Industrial machinery and equipment 171 1.69 170 174 254 252 2.49 2:53
Electronic and other
electrical equipment = . 1.73 1.69 172 1.68 2.07 2.00 2.00 1.98
Transportation equipment 153 1.47 1.45 1.46 10.87 10.83 10.83 10.75
Instruments and related products 1.94 1 1.88 1.90 44 4.07 4it 4.16
Nondurable goods industries... . 1.09 1.09 1.07 1.07 0.75 0.75 0.76 0.76
Food and kindred products 0.86 0.87 0.87 0.85 (X) (X) (X) (X)
Tobacco products . . 1.81 1,93 1.87 1.87 (X) (X) (X) (xX)
Textile mill products 1.60 1.56 1.55 154 (NA) (NA) (NA) (NA)
Paper and allied products 1.08 1.07 1.06 1.06 (NA) (NA) (NA) (NA)
Chemicals and allied products 1.17 1.14 1.13 1.13 (X) (X) (X) (X)
Petroleum and coal products _ 0.82 0.85 0.83 0.86 (X) () (X) &
Rubber and plastics products - 141 137 136 132 (Xx) (X) &) &)

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

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

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

Shipments New orders Unfilled orders Inventories
Industry
Apr. Apr. Apr Apr.
Apr? | 1994- Apr? | 1994- Apr? | 1994- Apr? | 1994-
Apr! | 1990. | Mar. ] Apr. | 1990- | Mar. | Apr. | 1990-] Mar. } Apr. | 1990- | Mar.
1995 | 1994 | 1995 | 199s | 1994 | 1995 | 1995 | 1994 | 1995 | 1995 | 1904] 1995
All manufacturing industries (X) 01 Ol (xX) 02 01 (X) 0.0 0.1 (X) 0.0 0.0
Durable goods industries : Ol 02 02 0.0 03 02 0.0 0.0 Or (xX) 0.1 0.0
Stone, clay, and glass products (X) ul 07 (X) 19 12 (x 09 0.6 () 02 02
Primary metals... . 02 03 04 0.2 14 0.1 03 03 (X) 02 02
Fabricated metal products... . ® 04 04 (X) 04 06 (X) 02 03 (xX) Ol 02
Industrial machinery and equipment 0.2 0.6 0.5 0.1 08 Ol 0.1 0.2 (xX) 0.0 Od
Electronic and other

electrical equipment . . . 02 03 03 01 0.6 06 0.0 OL 03 (X) 0.1 0.1
Transportation equipment : 0.0 03 06 0.0 04 09 0.0 0.0 01 (& Ot 02
Instruments and related products (xX) 0.2 05 (xX) 0.6 08 (xX) 01 01 (xX) 0.0 01
Nondurable goods industries . . (x) 01 o1 (X) 0.1 02 (X) 04 0.2 (x) 0.1 0.1
Food and kindred products (X) Ol Ol (x) () (&) (x) () (X) (X) 0.2 01
Tobacco products . (X) 06 02 (X) Xx! (xX) (X) (X) (X) (X) 0.0
Textile mill products . . . (X) 08 02 (xX) (NA) (NA) (xX) (NA) (NA) (X) 02 02
Paper and allied products... . . (x) 02 02 (X)} (NA) ] (NA) (x) | (NA) | (NA) (X) 0.1
Chemicals and allied products . (x) Ol 02 (X) (X) (xX) (X) (xX) (X) (xX) 0.2 0.2
Petroleum and coal products : (x) 02 03 (Xx) (X) (X) (X) (X) (X) (xX) 02
Rubber and plastics products | - (X) 07 03 (x) (x) (X) (X) (X) (X) (xX) 03 02

Capital goods industries :
Nondefense 04 04 04 06 08 0.0 0.0 04 (X) 0.1 0.1
Defense . 035 04 -0.9 3.0 27 “0.1 ol O14 (x) Ol 03

(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.


CURRENT INDUSTRIAL REPORTS

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

Manufacturers’ Shipments,
Inventories, and Orders

April 1995
M3-1-(95)-4
For Wire Transmissions 10:00 a.m. E.D.T. June 1, 1995

Kathy Menth or Gloria Cable
(301)457-4804 or (301)457-4832

Summary

New orders for manufactured goods in April decreased $5.7
billion or 1.9 percent to $294.0 billion, the Department of Commerce,
Bureau of the Census reported today, ‘This follows a 0.4 percent March
decrease, is the third consecutive monthly decline, and is the largest
decline since July 1994. Year to date, new orders are 9.3 percent above
the same period a year ago.

Shipments decreased $2.8 billion or 0.9 percent to $295.6 billion,
following a slight decrease in March and four consecutive monthly
increases. Year to date shipments are 9.3 percent above the same
period a year ago.

Unfilled orders decreased $1.7 billion or 0.4 percent to $462.5
billion, following a 0.3 percent March increase. This is the first decline
since August 1994. The unfilled orders-to-shipments ratio was 2.86, up
from 2.85 in March.

Inventories increased $2.5 billion or 0.6 percent to $404.6 billion,
following a 0.6 percent March increase. This is the seventh consecutive
monthly increase and the fourteenth in the last sixteen months. The
inventories-to-shipments ratio was 1.37, up from 1.35 in March.

New Orders

New orders for manufactured durable goods in April decreased
$6.6 billion or 4.0 percent to $156.5 billion, unrevised from the
previously published decrease. This follows a 0.2 percent March
decrease, is the third consecutive monthly decline, and is the largest
decline since 5.4 percent in December 1991.

All major groups decreased except instruments and related
products and furniture and fixtures. Transportation equipment had the
largest decrease, $3.7 billion or 9.3 percent to $35.8 billion, mostly due
to motor vehicles and parts and aircraft and aircraft parts. This follows
a 2.9 percent March decrease and is the third decline in the last four
months. Industrial machinery and equipment, down for the first month
since December, decreased $1.4 billion or 4.3 percent to $30.5 billion;
declines were widespread. Electronic and other electrical equipment
decreased $0.9 billion or 3.3 percent to $25.7 billion, mostly due to
communication equipment. This follows a 7.3 percent March’ increase
and is the second decline in the last nine months. Stone, clay, and glass
products decreased $0.4 billion or 6.3 percent to $6.4 billion, the third
consecutive monthly decline. Primary metals decreased $0.2 billion or
1.6 percent to $14.9 billion, the fourth consecutive monthly decline.

New orders for nondurable goods increased $0.9 billion or 0.7
percent to $137.5 billion. This is the sixth increase in the last seven
months. The largest increases were in petroleum and coal products,
leather and leather products, paper and allied products, and food and
kindred products.

Shipments

Shipments of durable goods in April decreased $3.3 billion or 2.0
percent to $158.3 billion, revised from the previously published 2.1
percent decrease. This follows a 0.2 percent Merch iacrease and is the
first decline since October 1994. Transportation equipment, down for
the third consecutive month, had the largest decline, $1.6 billion or

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

4.1 percent to $38.3 billion, Electronic and other electrical equipment
decreased $0.3 billion or 1.4 percent to $24.8 billion. This follows a
2.6 percent March increase and is the third decline in the last four
months. Stone, and glass products decreased $0.4 billion or 5.8
percent to $6.6 billion. Primary metals decreased $0.3 billion or 1.9
percent to $15.0 billion. This follows a 1.0 percent March increase and
is the second decline in the last fifteen months. Instruments and related
products declined $0.3 billion or 2.3 percent to $11.3 billion.

Shipments of nondurable goods increased $0.5 billion or 0.4
percent to $137.4 billion, following a 0.4 percent March decline.
Petroleum and coal products had the largest increase, $0.5 billion or 3.8
percent to $13.6 billion.

Unfilled Orders

Unfilled orders for durable goods in April decreased $1.8 billion
or 0.4 percent to $436.6 billion, unrevised from the previously published
decline. This follows a 0.3 percent March increase and is the first
decline since August 1994. Transportation equipment had the largest
decline $2.5 billion or 1.2 percent to $200.1 billion, following a 0.2
percent March decline. Since reaching a peak in March 1991, unfilled
orders of transportation equipment have declined nearly every month.
Stone, clay, and glass products decreased $0.2 billion or 2.7 percent to
$7.7 billion . Instruments and related products declined $0.2 billion or
0.5 percent to $46.9 billion, following a 1.4 percent March decrease.
Electronic and other electrical equipment increased $0.9 billion or 1.9
percent to $51.3 billion, the eighth consecutive monthly increase.
Industrial machinery and equipment increased $0.3 billion or 0.4 percent
to $72.0 billion. This follows a 2.1 percent March increase and is the
twenty-first increase in the last twenty-two months.

Inventories

Inventories for durable goods in April increased $1.5 billion or
0.6 percent to $254.7 billion, with increases in all categories except
transportation equipment. This is the fourteenth increase in the last
sixteen months. Electronic and other electrical equipinent had the
largest increase, $0.4 billion or 1.0 percent to $43.0 billion. This
follows a 0.8 percent March increase and is the sixteenth consecutive
increase. Industrial machinery and equipment increased $0.3 billion or
0.6 percent to $51.6 billion, the third increase in the last four months.
Fabricated metal products increased $0.2 billion or 0.9 percent to $25.4
billion, the seventh consecutive monthly increase. Transportation
equipment was down $0.2 billion or 0.4 percent to $58.4 billion
following a 0.5 percent March increase. This is the eighth decrease in
the last nine months.

Inventories for nondurable goods increased $1.0 billion or 0.7
percent to $149.9 billion, the seventh consecutive monthly increase.
Chemicals and allied products had the largest increase, $0.5 billion or
1.4 percent to $35.2 billion

By stage of fabrication, finished goods increased 0.3 percent in
durables and 0.9 percent for nondurables. Work in process increased
0.4 percent in durables and 0.3 percent in nondurables. Materials and
supplies increased 1.1 percent in durables and 0.6 percent in
nondurables.

‘The advance report on durable goods for May is scheduled for June 23, 1995 at 8:30 a.m. and the full report on June 30, 1995 at 10:00a.m. For sale by the Superintendentof Documents,
U.S. Government Printing Office, Washington, DC 20402. This report is also available the day of issue through the Department of Commerce's online Economic Bulletin Board (N-8-1)
(202-482-3870)and through the Census Bureau's online informationservice--CENDATA. CENDATA is available from Dialog InformationServices, Inc. (1-800-334-2564)and CompuServe

(1-800-848-8199). The CENDATA staff at the Bureau of the Census (301-457-1305) can provide con

information and general guidance.


Nondefense Capital Goods

New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

42

11

New Orders

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr

Apr. 1993 - Apr. 1995

Defense Capital Goods

New u.uers and Shipments
Three Month Moving Averages

Billions of Dollars

11

10

9

New Orders

Shipments

n J n n n n L n lL L L J

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec’ Feb Apr
Apr. 1993 - Apr. 1995

5

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.
1995" 1995 1995} Apr. Mar. Feb. 195° 1995" 1995 1994 | 95/94
MATERIALS AND SUPPLIES
All manufacturing industries 133,079 | 131,882 | 130,801 10.9 | 40.8 +13 | 132,666 | 131,163 | 131,170 | 120,787 +98
Durable goods industries 77,478 | 76,627 402] +13 75.636 | 76,688 | 68,899
Stone, clay, and glass producis 2,753 2,699 +14 | +09 2,693 2.67! 2,537
Primary metals 6.726 6.751 “Ll 12.7 6.545 rat) 5,763
Fabricated metal products 8/990 8,749 417 | +h 8.712 8,625 7,643
Industrial machinery and equipment 17,496 | 17372 403 | +33 17,008 | 17,480 | 14/892
Electronic and other
electrical equipment 14,564 | 14.284 | 14.036 | +20] +18] +19 14.224 | 14,044 | 11,451
Transportation equipment 10311 | 10311 | 10.468 00} -15 “21 10,267 | 10.476 | 10,975 9
Instruments and related products 6,869 6,807 6,788 09] 403 +09 6.767 6,756 6.720 425
Lumber, furniture and
miscellaneous durable goods 9,769 9,786 | +12 13] +02 9,440 9,893 8918 +53
Nondurable goods industries 55,601 54,315 +06 +14 35,307 | $4,482 +78
Food and kindred products 9.947 10,173 “17 +10 10,232 | 10,253 02
Tobacco products 4716 +l 40.5 4,783 4992 -79
Textile mill products 2.968 +19 -06 29: 2/904 +82
Paper and allied products 7619 +23 42.7 7356 77349 +155
Chemicals and allied products 11571 +01 403 sia | 11,423 43.1
Petroleum and coal products 31437 -10 +04 3415 2/887 +169
Rubber and plastics products 3.364 +18 43.6 5,289 5,287 +19.0
Apparel, printing, and publishing”
and leather goods 9,979 417 +25 | 10,002 9,787 9,387 +173
WORK IN PROC
All manufacturing industries 131,616 | 131,086 | 131,338 40.4 -0.2 +0.4 | 131,682 | 131.041 | 131,253 | 128,335 +2.6
Durable goods industries 107,366 | 106.903 | 107,115 +04 -02 | +03 | 107,395 | 106,877 | 107,199 | 105,016 423
Stone, clay, and glass products 1238 1'203 40.7 +24 1318 1303 1250 E17 | +180
Primary metals 7927 775 40.8 | 422 +03 8.016 8.018 7,787 7.268 | +103
Fabricated metal products 7/946 +04] +19 | +10 7,992 8,033 7,850 7 +8.9
Industrial machinery and equipment 19,008 +14 17 09 | 19.154 | 18,781 | 19047 42.0
Electronic and other
electrical equipment 16,654 -0.1 -0.8 16,728 | 16,634 | 16,851 | 14,691 | +13.9
‘Transportation equipment 39.6 +0.1 “0.1 39583 | 39,796 | 39,884 | 41,525 -47
Instruments and related products . . - +02 08 91415 9:209 91443 9,257 +17
Lumber, furniture and
miscellaneous durable goods +08] +06 “15 5,189 5,103 5,087 5,041 429
Nondurable goods industries +03 0.2 | +09 | 24287 | 24,164 | 24,054 | 23,319 +42
Food and kindred products +10] 428 “19 3.926 4,050 3.921 3,886 +10
Tobacco products -18 66 423 137 153 191 187 | -12.7
Textile mill products +07] +16] +08 2,698 2,662 2,630 2,585 +44
Paper and allied products - +29] 427] +09 1,389 1,332 1,283 1206 | +152
Chemicals and allied products 06 | +09 -0.4 5,386 3371 5,338 31489 “19
Petroleum and coal products 7} -103 | 43.1 2,236 2,439 2,262 “ll
Rubber and plastics products... 405] +12] +34 2,051 2,061 1.768 | +16.0
Apparel, printing and publishing
and leather goods +0.6 0.4 | +20 6,464 6341 6191 5,966 +83
FINISHED GOODS
All manufacturing industries 139,926 | 139,113 | 137,587 | +0.6 | +11 | 41.0 | 142,351 | 139,870 | 139,306 | 132,895 471
Durable goods industries 69,887 | 69,707 | 68,523 +03 | 417] +08 | 71,899 | 70,549 | 69,716 | 66,166 +8.7
Stone, clay, and glass products 4,087 31962 3.902 32] +15 -0.1 4,095 4,060 4,020 +6.0
Primary metals 6.893 6811 6740 | +12] +11 +04 6,862 6.897 6.468 +9.0
Fabricated metal products 8,420 8,459 8317 OS] +17 | 427 8.417 8,172 485
Industrial machinery and equipment 14,839 | 14,909 | 14.717 OS | +13 | +12 15,226 | 14,274 +64
Electronic and other
electrical equipment 11,806 | 11,625 | 11,405 H6] +19 | +15 11,343 9,782 | +24.1
Transportation equipment 8377 8.639 8.133 30] +62 -0.1 8,286 7/923 +62
Instruments and related products . 5.756 5,757 oo] +14 13 5/598 5.987 -20
Lumber, furniture and
miscellaneous durable goods 9.709 9,545 +17 09 | +06} 10,141 9,889 9,570 +6.0
Nondurable goods industries... 70,039 | 69,406 +09 | 40.5 +11 | 70,452 69,590 | 66,729 +56
Food and Kindred products 17,002 | 17.103 04 | +06 17,128 | 15,819 43.0
Tobacco products 534 657 “170 38 876 704 | 25.9
Textile mill products 4441 4,457 +L +12 4516 4,547 +25
Paper and allied products 3.769 5.685 +22 | +10 5,670 51878 +30
Chemicals and allied products 18,233 | 17,739 -07 +12 183383 | 17,649 $5.5
Petroleum and coal products 5/543 5/363 3.0 | +12 5,400 4,880 | +116
Rubber and plastics products. . 6.703 6.549 +14 | 428 6,700 6202 | +114
Apparel, printing and publishing
and leather goods . . . 11,814 | 11,853 | 11,296 +49] +14 10,917 | 11,050 +82

° 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.
1995" 1995" 1995} Apr} Mar. Feb. 1995” 1995" 1995 1994] 95/04
All manufacturing industries 462,528] 464,208] 463,020 04 +03 +0.5 | 467,844] 468,163] 465,440] 451,901 $3.5
Manufacturing industries
without defense capital goods 351,141] 351,588] 350,916 0.1 +0.2 +0.6| 355,121 | 353,734] 352,935] 337,507 +52
Durable goods industries 436,555] 438,336] 436.865 0.4 +03] +05] 441,292] 442,098] 439,803] 427,807] +3.2
Stone, clay, and glass products 7,013 7.931 27 2.4 25 7,761 7,904 8,100 346] +28
Primary metals 29,374 29,452 0.3 04 +0.3 30,686 31,069 30,319 +203
Blast furnaces, steel mills 11,713 11,736 c 0.2 +1 0.0 12,404 12,588 12,104 11,462 48.2
Iron and steel foundries 3,997 3,927 3,924 +18 +0.1 +47 4,017 3,951 3,968 3,354] +19.8
Nonferrous and other primary
metals 13,664] 13,789] 14,042 -0.9 18 0.7} 14.265] 14,530] 14.247] 10,700] +33.3
Fabricated metal products 21,139] 21,103] 21,044 40.2 +03 40.71 21,299] 21,317] 21,209] 20,483 +4.0
Industrial machinery and equipment 71,974} 71,701 70,225 40.4 +21 +171 71,935] 71,753 71,232} 57,885] +243
Engines and turbines 10,011 10,118 10,074 <LI +04 1.6 9,555 9,910 10,148 9,522 +0.3
Construction, mining and
material handling equipment 7,801 7,116 7,485 +h 43.1 +0.7 8,012 8,000 7,664 6,527] +228
Metalworking machinery 10,845] 10,661] 10,252 +17 +4.0 +26] 10,845] 10,661] 10,252 8,690] 424.8
Computer and office equipment 12,564] 12,447] 12.232 109] +18 +35] 12275] 11,901} 11,930 8.244] +48.9
Electronic and other
electrical equipment $1331] 50,398] 48,938 +19 3.0] +06] 52,719] 50320} 49,729] 481s] +9.
Electrical transmission and
distribution equipment and
industrial apparatus 6,063 6,028 6090] +06 10} +16 6,076 6,028 6,118 6,143 “Ld
Electric lighting and
wiring equipment . . 3,920 3,874 3872] 41.2] 401} 423 3,920 3,874 3,872 3,353| +169
Communications equipment 16,237} 16,183] 15,302] 40.3] +58 -0.8] 16,288] 16,179] 15.276] 15316] +63
Electronic components 19,664} 18,827] 18,182] +44 #3.5 +3.2] 21,080] 18,778] 18,825] 17,878] +179
Transportation equipment . . 200,064 | 202,575 | 203,044 “12 02} 0.2] 201,613] 204,234} 203,321] 211,119 45
Aircrafi, missiles,
space vehicles, and parts. 168,454] 170,326] 170,250 “ld 00| +04] 169,730] 171,718] 170,298] 181,264 64
Shipbuilding and tanks . . 18381] 18,863] 19,348 26 25 -18] 18438] 18,868} 19,331] 17,925] +29
Instruments and related products . 46,941 47,158] 47,827 0.5 14 +04] 46,941 47,617] 48,203 49,290 48
Search and navigation equipment 30,461} 30,707] 30,771 0.8 -02 04] 30461} 31,128] 31,150] 32,029 49
Measuring and controlling devices 91743 9.653 9/885 40.9 23 +3.0 9,743 9,653 9,885 9336, +44
Medical instruments and supplies 5,884 5,938 6,289 -0.9 5.6 04 5,884 5,938 6,289 7,094 17.1
All other durable goods . 8,019 8,018 8,087 0.0 0.9 0.0 8,338 7,884 7,690 7,817 +6.7
Nondurable goods industries . 25,973 25,872 26,155 +04 “ld +0.4 26,55: 26,065 25,637 24,094] 410.2

* Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability


Table 2, VALUE OF MANUFACTURERS’ NEW ORDERS FOR INDUSTRY GROU!

(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.
199s"] 1995"] 1995] Apr.] Mar.| Feb.] 1995°] 1995"] 1995] 1994} 95/94 | 1995" | 1994
All manufacturing industries . . 293,957} 299,625] 300,804] -1.9}  -0.4]-— -0.3) 292,376] 316,242] 299,933] 274,600] — +6.5] 1,186,223 1,084,194
Manufacturing industries
with unfilled orders 159,909} 164,275] 164,317] -2.7 0.0) — -0.8] 157,466] 176,356] 163,904] 146,266 +7.7| 651,045] 584,885
without defense capital goods 288,623} 292,466] 293,939] -1.3]  -0.5] _—_-0.5] 287,997] 307,308] 293,870] 269,416] — +6.9] 1,161,610 1,060,607
Durable goods industries 156,478] 163,042] 163,338] -4.0] -0.2|_—-0.7] 156,296] 176,497] 164,850] 148,187 +5.5} 648,811] 588,965
With unfilled orders . 125,013] 130,023] 129,981] -3.9] 0.0] -0.8) 122,703} 141,002} 129,541] 115,106] +6.6) 514,137] 462,417
Stone, clay, and glass products 6,416] 6,851] 7,006} 6.3} 2.2) -6.8] 6,725) 6,755] 6,842] 7,216) -6.8] 26,790] 25,238
Primary metals ...... . 14,938] 15,182] 15,232] -1.6} -0.3] -2.2) 14,934] 16,873) 16,223] 12,715] +17.5] 64,226] 52,906
Blast furnaces, steel mills 6,313] 6,665] 6,472} 5.3] +3.0) 0.4] 6,266) 7,402) 7,041) 5,823 +7.6| 27,805] 24,134
Iron and steel foundries 1,368] 1,332] 1,511] +2.7] -11.8) +10.6f 1,426] 1,402) 1,539] 1,175] +214 5,781 5,034
Nonferrous and other primary
metals wees : 7,257| 7,185] 7,249} +1.0] -0.9] -5.9] 7,242] 8,069] 7,643) 5,717) +26.7| 30,640] 23,738
Fabricated metal products. 15,729] 15,754} 15,995} -0.2]  -1.5] — -2.9] 15,620] 16,655] 16,157] 14,841 45.2 59,554
Industrial machinery and equipment 30,473] 31,827} 31,274] 4.3} +1.8)  +1.5] 29,349] 35,741] 30,817] 27,380) +72 108,388
Engines and turbines 1,890} 1,843] 1,854] 42.61 -0.61 -6.7] 1,510] 1,761] 1,524] 1,380) +9.4 5.941
Construction, mining and
material handling equipment 3,144] 3,343] 3,225] -6.0} 43.7) -7.0) 3,175] 3,771] 3,426) 2,885] +10.1 13,776] 11,408
Metalworking machinery 3,588] 3,706] 3,588] 3.2) +#3.3  -3.5] 3,360] 3,948] 3,479} 2,808] +19.7} 13,942} 11,779
Computer and office equipment 8,346] 8,709] 8,406] 4.2] +3.6f +741 7,015] 10,612] 7,638] 6,489) +8.1] 31,046] 27,273
Electronic and other
electrical equipment 25,727| 26,598] 24,799] -3.3] +73] -4.5] 25,989] 27,159} 24,703] 23,293] +11.6) 102,238] 87,135
Electrical transmission and
distribution equipment and
industrial apparatus . . 2,778] 2,838} 2,918] -2.1) 2.7] -2.1] 2,782] 3,112] 3,042] 2,624) = +6.0) 11,632] 10,637
Electric lighting and
wiring equipment . 1,974] 1,956] 2,035] +09) -3.9] -2.4) 1,883] 2,078] 2,100) 1,761 +6.9 7,925 6,967
Communications equipment 5,947] 6,734] 5,572] -11.7} +20.9) -10.4) 5,581] 7,231} 5,100] 4,765) +17.1] 23,069] 17,849
Electronic components . . . 9907] 9.964] 9,447] -0.6] $5.5] -2.5] 11,118] 9,751] 9,975] 9.219] +206) 40,889] 32,602
Transportation equipment 35,780] 39.457] 40,650] -9.3| -2.9| +24] 37,138) 44,351] 42,604] 37,631] -1.3] 159,685] 153,778
Aircraft, missiles,
space vehicles, and parts, 6,907] 8,531} 9,449] -19.01  -9.7] +29.2) 6,459] 10,603] 8,889] 5,924) +9.0] 31,578] 30,643
Shipbuilding and tanks 375 413 460] -9.2) -10.2} -72.1 396) 479) 486) 649] -39.0 2,851 2,312
Instruments and related products 11,113} 10,931] 11,812} +1.7]— -7.5] +3.0| 10,030] 11,755} 11,123} 9,187] +9.2] 43,302] 39,631
Search and navigation equipment 2,412/ 2,591] 2.486] -69] +42) +10.9) 1,740} 2,819] 2,134] 1,296) 434.3 8,732 7,081
Measuring and controlling devices 3,485) 3,458] 3,860] +0.8) -10.4] +2.2) 3,356) 3,842 3,772) 3,141 +68] 14,488] 12,893
Medical instruments and supplies 2,956) 2,744] 3,092] +7.7) -11.3] 1.2] 2,815} 2,942) 3,027] 2,666] = +5.6f 11,687] 11,192
All other durable goods . 16,302] 16,442] 16,570} -0.9) -0.8}  -2.7] 16,511} 17,208) 16,381] 15,924) +3.7| 65,826] 62,335
Nondurable goods industries 137,479] 136,583] 137,466] +0.7]  -0.6]-+0.2) 136,080] 139,745] 135,083] 126,413] +7.6) 537,412} 495,229
With unfilled orders 34,896] 34,252] 34,336] +1.9} -0.2}  -0.6) 34,763] 35,354] 34,363} 31,160) +11.6] 136,908} 122.468

” Preliminary. * Revised

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

(n) When new orders for a prior month are negative because of cancellations, the percentage change calculation is algebraically negative, even though there is a net dollar

increase from the prior month to the current month

Note : Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and re
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability s t
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(92),

“Manufacturers’ Shipments, Inventories, and Orders: 1982-1992."

ision. One major component of survey error is nonsampling error,
ample, estimates of sampling error cannot be calculated. Further


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
Apr. | Mar. Feb. | Mar | Feb] Jan-} Apr. | Mar. Feb. Apr. | Apr.
1995" ] 1998'} 1995] Apr. | Mar] Feb.} 1995"]  1995"} 1995 | 1994] 95/94 199sr 1994
All manufacturing industries 295,637] 298,437] 298,556] -0.9] 0.0} +0.3} 292,695] 313,519 272,953] +7.2]1,170,147 11,070,651
Manufacturing Industries
with unfilled orders 161,589] 163,087] 162,069] -0.9] +0.6|  +0.2) 157,785] 173,633} 159,547] 144,619] +9.1] 634,969] $71,342
without defense capital goods 289,070] 291,794] 291,914] -0.9] 0.0) .3] 286,610} 306,509] 289,218] 266.482} — +7.6] 1,145,152 ]1,044,320
Durable goods industries 158,259] 161,571] 161,206} +0.1] 157,102] 174,202] 160,976] 147,235] +67] 634,967} 578,785
With unfilled orders . 126,794] 128,552| 127,849] +0.2] 123,509] 138,707] 125,667] 114,154] +8.2] $00,293} 452,237
Stone, clay, and glass products 6,634) 7,045 7,212 0.0} 6,868 6,951 6,656) 6,868 0.0 26,543} 24,511
Primary metals 15,016] 15,305] 15,152 -0.7} 15,317] 16,123] 15.456 421.6] 61,399] 48,938
Blast furnaces, steel mills 6,336 6,467] +23] 6450] 6,918} 6,571 . +135] 26,052} 22,384
Iron and steel foundries 1,298 1,335 -2.8) 1,360} 1,419] 1,384) 1,225} +110] 5,451] 4,723
Nonferrous and other primary
metals : 7,382 -0.8} +12) -2.8} 7,507] 7,786) 7,801] 5,687] +32.0] 29,896] 21,831
Fabricated metal products 15,693 0.0] -1.0) -2.2] 15,638] 16,547] 15,882] 14,938) +4.7] 62,782] 59,117
Industrial machinery and equipment 30,200} -0.5{  +0.7| +3.4] 29,167| 35,220] 29,401) 25,836] +12.9] 118,416] 103,481
Engines and turbines 1,997 +110] -11.1] +30) 1,863] 1,999] 1,887] 1,629] +145] 7,314] 6,558
Farm and garden machinery 1,855 19) 0.7) +3.7) 2,469] 2,524) 2,256) 2,314) +6.7 8,905 8,096
Construction, mining and
material handling equipment 3,059] 112 -17 18) +13} 3,163 3,435 3,349) 2,721) +162 12,763} 10,672
Metalworking machinery 3,404) 3,297 3,332] +3.2) <1] +L.0) 3,176 3,539 3,223] 2,642) +20.2 12,674] 10,424
Computer and office equipment 8.229] 8,494] 7,990] -3.1] #63] +52] 6641] 10,641} 6,995] 5,827] 14.0] 29,971} 26,280
Electronic and other
electrical equipment 24,794] 25,138] 24,491] -1.4] 42.6) -0.5| 23,590) 26,568] 23,889) 21,225] +11.1 83,422
Electrical transmission and
distribution equipment and
industrial apparatus 2,743] 2,900] 2,821] -5.4]-+2.8) +1.6) 2,734] 3,202) 2,922] 2,574] +6.2] 11,302] 10,264
Household appliances 1,826} 1,864] 1,883] -2.0] -1.0} -3.2| 1,837] 2,009] 1,800] 1,93 4.9) 7.278] 7,097
Electric lighting and
wiring equipment 1,928] 1,954] 1,948) -13] +03) +02) 1,837] 2,076] 2,013) 1,710) 474 6,851
Household audio and
video equipment 1121 1,130] +0.2! 1,057} 1,035] 818) +9.8 3,437
Communications equipment 5,893 $,.700) +0.7 6,328) 5,255 4,607) +18.8 17,565
Electronic components 9,070] 8,886] -2.7 9,798] 8.886} 7,514] +173 29,828
Transportation equipment 38,291] 39,926] 40,171] -4.1 43,438] 42,205] 39,739) 40.1 156,135
Motor vehicles and parts 26,603) 28,445] 28,686] -6.5 28,227| 30,988] 31,065] 28,940] -2.5 112,277
Aircraft, missile:
space vehicles, and parts. 8,779] 8,455 8,688) +3.8 2.7) +22) 8,438] 9,183) 8,357] 7,880) +71 33,404
Shipbuilding and tanks 857 898 820] 4.6] +9.5] -14.9) 826 942 -15.0 3,683
Instruments and related products 11,330} 11,600] 11,624] -2.3)  -0.2] +14) 10,706) 12,341 $33 41,735
Search and navigation equipment 2,658] 2,655] 2,614) +0.1] +16) -1.1] 2,407) 2,841 454 9,342
Measuring and controlling devices 3,395] 3,690] 3,575] -8.0] +3.2] +4.) 3,266) 4,074) +77
Medical instruments and supplies 3,010] 3,095 3,120) -2.7 -0.8}  +0.5) 2,869 3,293] +10
Photographic goods 1,859} 1,767] 1,925] +5.2] -8.2) +2.0f 1,753] 1,728 44
All other durable goods 16,301] 16511] 16,567) -13)  -0.3) -2.3] 16,057) 17,014) +24
Nondurable goods industries 137,378} 136,866] 137,350] +0.4)  -0.4]  +0.5} 135,593] 139,317 +7.9| 535,180] 491,866
With unfilled orders 34,795 34.220] +0.8]  +0.9) 34,926] +125] 134,676] 119,105
Food and kindred products 36,172 36,167] +04] -0.4) 36,681 43.5] 140,425] 137.598
Meat products 8,356 8,150] 43.9) -13 7,983 +5.5| 31,676] 31,224
Dairy products 4,792] 0.4) -12 4,803 +22) 18614] 18,141
Beverages Ol) +1 425 19,218
All other foods, except fats and oils +0.5 Ll +24 61,673
‘Tobacco products 45.21 -6.6 +6.0 10,633
Textile mill products 2.1) +07] 43.2 23,145
Broadwoven fabrics and
other textiles : 3,913] 4,011] 3,995] -2.4] +04) 4.289] 3.951 +43 14,512
Paper and allied products 13,706 13.372| +1.8] +0.7] 13,719) 13.490 +24.9 42,879
Pulp, paper, and
paperboard mill products 6,077 5,697] +3.7] +2.8) +3.6] 5,889] 5,968] 5,788 +419 16,902
Paperboard containers and boxes 3,580) 3,609] -1.4 +0.6f +29) 3,612] 3,698 3,580 423.6 11,016
Miscellaneous converted
paper products 4,049} 3 4,066] +17] -2.1) +0.7] 3,826) 4.053 4,122 +64 14,961
Chemicals and allied products 30,111] 30,488] 30,695] -1.2] 0.7] +0.6) 31,069) 32,372] 30,456) +72 110,080
Industrial chemicals 16,819] 16,832] -1.8]  -0. -0.1] 16,948] 17,607] 17,046) +151 56,440
Drugs, soaps, and toiletries 10.281] 10,334] +0.3] -0.5} +1.0) 9,829} 10,690] 9.978 +0.7 39,534
Petroleum and coal products 13,082] 13,400] 43.8) -2.4) +5.2) 13,295} 11,847] 12,100 414.8 42,511
Rubber and plastics products 10,111] 10,100) -0.7] +0.1]  -0.1] 10,245} 10,680] 10,137 +17 36,607
All other nondurable goods 24,439] 24,192] +0.2) +1.0)  -0.7] 23,657) 24,342) 24,088 +52 88,413

T 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