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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
Nov. Oct Sept.| Oct-] Sept-] Aug. Nov. Oct. Sept. Nov.| Nov.
1993? 1993" 1993] Nov. Oct.} Sept. 1993" 1993" 1993 1992] 93/02
All manufacturing industries 380,841 | 380,301] 380,689 +0.1 0.1 0.2] 380,895 | 381,337] 380,226] 381,313 -0.1
Manufacturing industries
with unfilled orders 251,488] 251,024 251,213 40.2 0.1 0.2] 251,151] 251,455] 251,254] 253,703 -1.0
without defense capital goods 353,150] 352,773] 352,616 +0.1 0.0 0.2} 353,086] 353,563] 351,940] 351,198 +0.5
Durable goods industries -- | 238,334] 237,632] 237,571 +03 0.0 0.0] 238,679] 238,113] 237,395] 239,602 -0.4
With unfilled orders 218,178} 217,742] 217,844 $0.2 0.0 0.2] 218,417] 218,470] 217,932] 220,841 Ll
Stone, clay, and glass products . 7,531 7,594 7,601 08 -0.1 0.3 7,365 7,390 7,664 43
Primary metals +] 19,227) 19328] 19.241 05] +05 0.7 19,452] 19,400} 19,456 “12
Blast furnaces, steel mills . . 9,470 9,470 9,369 0.0 +11 0.8 9,517 9,434 9,852 2.7
Iron and stee! foundries 1,408 1,406 1391 +0.1 411 0.1 1,382 1,375 1,374 0.0
Nonferrous and other primary
metals... ... 8,349 8,452 8,481 12 -03 -08 8,553 8,591 8,230] +03
Fabricated metal products oe 23,041 23,139 23,266 0.4 0.5 0.1 22,874 23,086 23,315 2.4
Industrial machinery and equipment. 45,969] 45,828} 45,484 +03 40.8 0.0 46,455] 45,631 46,660 40.1
Engines and turbines. . : 3,556 3,564 3,522 02] +12 24 3,733 3,584 3,708} +1.2
Farm and garden machinery . . 2,533 2,367 2,259 +7.0 +4.8 +23 2,289 2,198 2,436 +61
Construction, mining and
material handling equipment 5,684 5,733 5,776 -0.9 0.7 0.2 5,610 5,677 5,727 5,884 47
Metalworking machinery ...... 5,212 5,187 3153] +05] +07 -0.5 5,254 5,251 5,215 5,370 22
Computer and office equipment . . . 10,662 10,681 10,645 0.2 +03 +0.7 11,163 11,189 10,930 10,917 423
Electronic and other
electrical equipment tees 33,879] 33,520 33,186 +11] +10] +01} 33,504] 33,379] 33,000] 30,993) +81

Electrical transmission and
distribution equipment and

industrial apparatus . . . o. 4,303 4,310 4,325 0.2 03 09 4,286 4,290 4,314 4,421 31
Household appliances eee 2,572 2,548 2,488 +0.9 42.4 09 2,449 2,431 2,348 2,337 +48
Electric lighting and
wiring equipment . . . . 2,868 2,809 2,850) +21 14 24] 2,865 2,825 2,861 2,920 “19
Household audio and
video equipment . . : 1,026 1014 1,052] +12 -3.6 974 1,025 1,097 1,065 “8.5
Communications equipment. . 9,239 9,048 8779) 421] 43.1 9,150 8,974 8,644 7,287) +25.6
Electronic components : 10,701] 10,529] 10.295 41.6] +23 10,680] 10,573} 10,338 9535] +12.0
Transportation equipment 63,521] 63,002] 63,864 +08 13 64,277] 63,385] 64,021] 68,184 “5.7
Motor vehicles and parts : 11,336 11,391 14tl -0.5 2 11,768 11,666 11,647 12,081 2.6
Aircraft, missiles,
space vehicles, and parts. . - | 47,991] 47431] 48,317 +1.2 18] 40.2] 48,365] 47,667] 48,283] 51,875 68
Shipbuilding and tanks . . 1,661 1,632 1,591 +18 42.6 8.2 1,622 1,574 1,584 1,780 8.9
Instruments and related products . 22,398] 22,604] — 22,525, -0.9 +04 +01} 22,363] 22,718] 22,551 23,081 31
Search and navigation equipment 5,817 6,016 5,982 33 40.6 42.8 5,814 6,123 6,038 6717] -13.4
Measuring and controlling devices . 6,560 6,562 6,494 0.0 +1.0 -15 6,540 6,554 6,488 6,533) +0.1
Medical instruments and supplies 6.244 6,249 6,270 -0.1 -03 -0.7 6,281 6,279 6,235 6,384 “16
Photographic goods : 2,952] 2950] 2970] +01 0.7 0.5 2,920 2,954 3,005 2,738] +66
All other durable goods on 22,768 | 22,617] 22,404 +0.7 +10 40.8] 22,494] 22,485] 22,316] = 20,249] +111
Nondurable goods industries... . . 142,507} 142,669] 143,118 0.1 03 0.4) 142,216] 143,224] 142,831] 141,711 40.4
With unfilled orders . . - | 33,310] 33,282} 33,369] +0.1 -03 -0.3| 32,734] 32,985] 33,322] 32,862 04
Food and kindred products . . . . 29,894] 29,919] 29,834 -0.1 +03 0.3} 31,320] 31,524] 30,408] 31,162 40.5
Meat products . . . see 3,1 3,155 3,201 -14 0.0 3,173 3,175 3,156 2,947) 47.7
Dairy products... . . + 2,761 2,772 2,740 04] +12 -0.4 2,664 2,754 2,743 2,610) +21
Beverages . .. 5,325 5,305 5,299} 40.4 +0.1 -0.4 5373 $371 5,316 5,423 -0.9
All other foods, except fats and oils” 17,209 17,141 17,133 +04 0.0 +0.1 18,448 18,551 17,922 18,559 0.6
Tobacco products : : 6,670 6,588 6,702] +12 “17 -0.1 6,530 6,635 6,587 6,584 -08
Textile mill products ........ 9,401 9,262 9204 +15 +0.6 40.3 9,128 9,085 9,131 8,852 43.1
Broadwoven fabrics and
other textiles . . sees 5,318 5,251 +13, 40.7] +0.5 5,249 $173 S116 5,250 0.0
Paper and allied products . . 13,510 13,579 -0.5 0.2 0.8 13,333 13,302 13,315 13,523 -14
Pulp, paper, and
Paperboard mill products ...... 5,803 3,809 5,792 -0.1 0.3] +02 5,710 5,695 5,676 5,672] +0.7
Paperboard containers and boxes . . 3,165 3,197 3,187 -1.0 +03 -0.6 3,095 3,106 3,136 3,178 2.6
Miscellaneous converted
Paper products = 4,542 4,573 4,621 0.7 -1.0 -23 4,528 4,501 4,503 4,673 31
Chemicals and allied products. | 34,583] 34,691] 35,019 03 09 02) 34,461] 34,372] 34,441] 34,759 09
Industrial chemicals... . . 16,862} 16,981] 17,143 -0.7 09 -0.6] 16,693 16,725] 16,935] 17.246 32
Drugs, soaps, and toiletries 13,445] 13,405] 13,583] +03 -13] 40.2) 13,485] 13,424] 13,403] 13,167] 42.4
Petroleum and coal products . . . . . 10,466} 10,649] 10,677 -17 -03 3.1] 10,659] 10,947] 10,812] 11,688 8.8
Rubber and plastics products 12,257 12,209 12,199 +0.4 +0.1 0.0 12,174 12,002 12,035 11,615 +4.8
All other nondurable goods a 25,726] 25,772] 25,883 -0.2 0.4 40.1] 24,611) 25,357] 26,102] + 23,528 +46

Preliminary. * Revised.


10

Total Manufacturing

New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

300 300
New Orders
280 f- -- ----- 7-3 oo rr ree eee eee ee ee eed Shipments |—1 280
260
240
220 - ----- ee eee eee eee eee eee eee eee ee +4 220
200 J, 1 1 i it 1 i 1 1 1 1 1 i 200
Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1991 - Nov. 1993
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments
\/S Ratios UO/S Ratios
2.5 4.3
2.4 vos |} 4.2
2.3 44.1
22S -<-- cr rr eee eee eee ee EE] 4
21 43.9
2 -43.8
1.9F-------------34-\---------- --- ee -- ---- --- 4 3.7
1.8 43.6
1.7 -43.5
1.6F<- - - +a sa - ee - 2 2 2 2 2 2 TRS A 3.4
1.5 3.3
1.4 3.2
1.3 - - er rr rr er rr tr rr tt tee ee eee ef 3.1
1.2 i it 1 1 1 1 J. 1 1 1 1 it 1 3

Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1991 -Nov. 1993

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
Nov. Oct. Sept. | Oct- | Sept- | Aug~ Nov. Oct Sept. Nov. | Nov.
1993” 1993" 1993 | Nov Oct. | Sept 1993" 1993" 1993 1992 | 93/92
UNFILLED ORDERS
All manufacturing industries 445,392 | 448,120 | 450,321 0.6 -0.5 -1.1 | 440,957 | 444,710 | 448,056 | 471,455 6.5
Market categories
Automotive equipment a 1,831 1,792 1,731 +22 43.5 0.9 1,834 1,803 1,723 1,634 +122
Home goods and apparel ee 9,821 9,852 10,156 0.3 -3.0 -18 8,917 9,709 10,667 8,974 -0.6
Consumer staples sees 1,402 1,403 1,435 -0.1 22) +12 1,396 1,423 1,482 1,391 +04
Machinery and equipment ....... | 183,394 | 183,371 | 183,815 00} -02 -1.0 | 183,115 | 182,899 | 183,436 | 198,744 -19
Business supplies .......... 5,387 5,491 5,427 19] +12 -0.5 5,239 5,429 5,541 5,507 49
Construction materials
and supplies ......... -- 1 14334 | 14,298 | 14,471 +03 “1.2 -15 | 13,969 | 14,132 | 14,531 14,237 19
Defense products ........... 111,268 | 113,384 | 115,538 -19 19 -0.9 | 110,844 | 112,451 | 113,683 | 122,360 94
Other materials, supplies and
and intermediate products 117,955 | 118,529 | 117,748 05 40.7 -1.L | 115,643 | 116,864 | 116,993 | 118,608 25
Durable goods industries :
Nondefense capital goods * 199,696 } 199,913 | 200,792 -0.1 04 -12 | 199,735 | 199,601 | 200,475 | 218,569 8.6
Excluding aircraft and parts . . 74,578 | 73,786 | 72,483 +11 | 418] 40.6 | 74617 | 73,474 | 72,166 | 70,532 45.8
Defense capital goods‘ ...... 117,576 | 119,560 | 121,856 AT] -19 -0.9 | 117,058 | 118,651 | 120,027 | 128,992 93
Durables excluding capital goods . | 106,983 | 107,507 | 105,872 05] +15 -0.8 | 103,753 | 105,500 | 105,196 | 101,698 +2.0
Miscellaneous series
Producers’ durable equipment .... | 210,173 | 209,784 | 209,267 | +02] +02 -0.7 | 209,225 | 209,291 } 209,189 | 219,177 4.5
Household durable goods . 5,604 5,593 5543 | +02 | +09 0.0 5,040 5,446 5,746 4,767 45.7
Information technology industries 32,616 | 31,795 | 31,345 | +26] +14] +0.2 | 32,802 | 31,870 | 31,470 | 30,400 479
Health care equipment
and products sess] 7,949 7,930 7,733 | +02] +425 29 7,950 7,930 7,733 8,623 18
TOTAL INVENTORIES
All manufacturing industries ..... | 380,841 | 380,301 | 380,689 | +0.1 -0.1 -0.2 | 380,895 | 381,337 | 380,226 | 381,313 0.1
Market categories
Automotive equipment ......... 6,066 6,095 6,161 -0.5 Ld -04 6,183 6,094 6171 6,300 -19
Home goods and apparel... . . 30,542 | 30,580 | 30,506 0.1} +02 -03 | 29,071 | 29,787 | 30,307 | 27,100 +73
Consumer staples ..... . 58,312 | 58,333 | 58,673 00] 06 -05 | 59,497 | 59,993 | 59,107 | 59,879 -0.6
Machinery and equipment ...... . 88,988 88,611 88,251 +0.4 +04 +0.1 89,774 89,097 88,057 89,582 +0.2
Business supplies . . . see 21,223 | 21,226 | 21,308 00] -04 -0.8 | 21,132 | 21,327 | 21,476 | 21,735 28
Construction materials
and supplies ...... 23,901 | 23,709 | 23,692 | +08] +01 | +03 | 23,544 | 23,442 | 23,470 | 22,392 45.1
Defense products ........... 26,283 | 26,103 | 26620 | +0.7 -19 | +02 | 26339 | 26,302 | 26,783 | 28,094 62
Other materials, supplies and
and intermediate products . . . . . 125,526 | 125,644 | 125,478 0.1] +0.1 -0.3 | 125,355 } 125,295 | 124,855 | 126,231 0.7
Durable goods industries :
Nondefense capital goods * ...... | 93,472 | 93,207 | 82,927} +03] +03 | +01 | 84256 | 83,839 | 82,797 | 84,819 07
Excluding aircraft and parts 56,432 56,326 55,814 +0.2 +0.9 0.2 57,027 56,887 55,844 55,575 42.6
Defense capital goods‘ ...... 27,691 | 27,528 | 28,073 | +06 -19 -0.1 | 27,809 | 27,774 | 28,286 | 30,115 11
Durables excluding capital goods . | 127,171 | 126,897 } 126,571 +0.2 +03 -0.1 | 126,614 | 126,500 | 126,312 | 124,668 +16
Miscellaneous series
Producers’ durable equipment . . . 142,812 | 142,642 | 142,343 +0.1 40.2 0.1 | 143,420 | 143,177 | 142,191 | 143,429 0.0
Houschold durable goods . . 13,523 13,503 | 13,419 40.1 +0.6 1.0} 13,114 | 13,341 13,318 | 12,466 45.2
Information technology industries . | 30,370 | 30,233 | 29,960 | +05] +09] +03 | 30,789 | 30,696 | 30,111 | 28,874 +66
Health care equipment
and products ...... see 13,543 | 13,526 | 13,641 | +0.1 08 -0.2 | 13,601 | 13,565 | 13,509 | 13,531 40.5

See footnotes at end of table 5.


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

Nov.]  Oct.] Sept.| Oct- | Sept-| Aug-] Nov.] Oct] Sept.| Nov. | _ Nov.
1993°| 1993°| 1993] Nov.| Oct.] Sept.] 19937] 1993] 1993] 1992] 93/92 | 1993" } 1992

SHIPMENTS
All manufacturing industries. 264,741) 260,471} 260,088] +1.6] +0.1]  +1.4) 265,921] 272,140] 277,395] 249,171) +6.7] 2,838,794 [2,684,770
Market categories
Automotive equipment .... . 12,862) 12,485] 12,005] +3.0] +4.0) 47.1] 13,150] 14,241) 12,277] 10,919] +20.4) 132,255] 110,919
Home goods and apparel 18,202] 18,097] 18,023 +06 +041 +0.9 19.274] 20,484] 20,207] 17,286] +115] 196,182) 174,773
Consumer staples = 56,608] 56,906] 57,294] -0.5] 0.7] +0.8] 57,300] 58,792] 61,833] 56,975| +0.6] 625,991] 607,291
Machinery and equipment 46,153] 44,675] 44,157] 43.3] +12} 0.0] 45,968] 45,245] 47,525] 40,809] +12.6] 477,263] 434,631
Business supplies -.] 19,519] 19461] 19,466] +0.3] 0.0 +0.9) 19,964] 20,856] 20,300] 19,485] +2.5] 215,219] 210,606
Construction materials

and supplies fone 17,445] 16,819] 16,730] 43.7] +0.5] +2.1) 17,015] 17,856] 18,107] 15,265] +11.5] 182,900] 169,708
Defense products... . :..| 7/454] 7/919] 7,762) -5.9| +20] +5.0] 7,702] 7,801] 8,309) 8,146] -5.5] 83,133] 87,688
Other materials, supplies and

and intermediate products . . . 36,498] 84,109] 84,651] +28] -0.6] +1.4] 85,548] 86,865] 88,837] 80,286]  +6.6] 925,851] 889,154

Durable goods industries

Nondefense capital goods * . 34,847] 33,704] 33,375] +34) +1.0] 1.3] 34,287) 32,527 36,937] 31,088] +103) 359,144} 336,195
Excluding aircraft and parts ....| 30,061] 28,681] 28,626] +4.8] +0.2} +3.1] 29,674] 27,839] 31,810] 24,937) +19.0} 301,435] 269,724
Defense capital goods * . 7,102) 7,600} 7,514] -6.6] +1.1] | +5.7} 7,456 7,467) 8,041] 8,113] -8.1] 80,106] 85,943
Durables excluding capital good: 99.982] 96,849] 96,632] +3.2) +0.2} +3.3) 100,645] 104,247] 102,034] 89,133] +12.9] 1,047,249] 952,653
Miscellaneous series :
Producers’ durable equipment 91,065] 88,181] 87,261] +3.3| +1.1]  +1.9] 91,681] 92,639] 93,260] 80,532] +13.8] 944,378] 853,642
Household durable goods... . 7:737| 7,544| 7,604] +26] -0.8] +1.5] 8,255] 8,446] 8,694] 7,610] +8.5| 82,167) 76,331
Information technology industries 16,225] 15,859] 15,692] +23] +1.1] +0.3] 16,353] 14,979] 18,404] 14,047) +164] 163,810] 148,055
Health care equipment
and products... . 8,512] 8,369} 8,370] +1.7 0.0 42.11 8,341] 8,305} 9,330] 7,738] -+7.8] 90,040] 86,023
NEW ORDERS
All manufacturing industries... . . | 262,013] 258,270] 255,309] +14] +1.2)  +0.7} 262,168] 268,794) 270,017] 242,949] +7.9} 2,807,565 ]2,648,458
Market categories :
Automotive equipment 12,901) 12,546] 11,991] 42.8) +4.6] +7.0] 13,181] 14,321] 12,235] 10,930] +20.6| 132,503} 110,883
Home goods and apparel ve ee | 18t71] 17,793) 17,837] +21] -0.2) +0.5] 18,482] 19,525] 19,692} 16,611] +11.3] 196,508] 175,511
Consumer staples ........ 56,607] 56,874] 57,311] -0.5| _-0.8| +0.9] 57,274] 58,733] 61,869] 56,957) +0.6} 625,949] 607,343
Machinery and equipment :..| 46,176] 44230} 42,271] +44] +4.6 -0.9| 46,184] 44,707] 45,293] 36,196] +27.6] 462,872] 418,990
Business supplies .... . 19,414] 19.525] 19,435] -0.6] +05] +0.5| 19,774] 20,745] 20,273] 19,348] +2.2] 214,770} 210,280
Construction materials
and supplies . 17,480] 16,647| 16,515] +5.0] +08] +0.8| 16,852) 17,458] 17,731] 15,169] +11.1] 182,543} 169,673
Defense products .. . 5,338] 5,765] 6,654) -7.4) -13.4] -3.9] 6,095] 6,569] 6,867] 8,350) -27.0] 70,641) 72,555
Other materials, supplies and
and intermediate products 85,926] 84,890] 83,295] +1.2| +19] 41.1] 84,326| 86,736] 86,057] 79,388]  +6.2) 921,779] 883,223
Durable goods industries :
Nondefense capital goods * . . 34,630) 32,825] 30,992] +5.5] +59] -3.1] 34,421] 31,653] 34,256] 26,121] 431.8] 341,695} 319,032
Excluding aircraft and parts... 30,853} 29,984 29,026] +2.9] +3.3) +3.4] 30,817] 29,147] 31,912) 24,575] +25.4] 305,792] 267,353

Defense capital goods *

. 5,118] 5304] 6,446] -3.5] -17.7| 2.3] 5,863] 6.091] 6,628] 8,053] -27.2| 67,384] 69,486
Durables excluding capital g

99,458] 98,484) 95,738) +1.0] +29) +23] 98,898] 104,551} 99,374] 88,409] +11.9] 1,047,841] 950,142

Miscellaneous series :

Producers’ durable equipment ....| 91,454] 88,698] 85,686] +3.1] +3.5]  +0.9] 91,615] 92,741] 91,050] 75,429] +21.5] 935,229] 836,193
Household durable goods : 7,748] 7,594] 7,606} +2.0] -0.2)_ -+0.1] 7,849] 8,146) 8,458] 7,226] = +8.6] = 82,781] 76,692
Information technology industries 17,046] 16,309] 15,764] +4.5| +3.5| +3.1] 17,285] 15,379] 18,351) 13,598} +27.1] 165,496] 145,687
Health care equipment

and products .............. 8531] 8,566] 8,139] -0.4) +5.2) +12} 8,361] 8,502] 9,099] 7,787] +7.4| 89,538] 86,388

” Preliminary. ‘ Revised.

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

5 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 ; ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, tanks
and tank components; and search and navigation equipment.


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Nov Oct. Sept. Aug. Nov. Oct. Sept. Aug.
1993? 1993" 1993 1993 1993? 1993" 1993 1993
All manufacturing industries 1.44 1.46 1.46 1.49 3.13 3.21 3.22 3.30
Durable goods industries 1.68 1.72 1.73 177 3.78 3.89 3.89 3.99
Stone, clay, and glass products 121 126 123 131 1.24 1.28 1.27 137
Primary metals 1.63 1.70 1.67 171 1.90 197 191 1.95
Fabricated metal products 158 161 1.63 1.65 1st 158 1.62 1.65
Industrial machinery and equipment 182 1.88 1.86 1.90 222 2.26 2.22 227
Electronic and other
electrical equipment 1.66 1.69 1.66 1.69 2.23 232 222 2.23
Transportation equipment 173 1.73 1.82 1.88 11.63 11.66 12.10 12.22
Instruments and related products 2.03 211 2.07 2.07 475 493 4.84 493
Nondurable goods industries 1.16 117 117 118 0.71 0.71 0.73 0.76
Food and kindred products 0.85 0.86 0.85 0.85 (xX) (X) (X) (Xx)
Tobacco products 2.92 2.76 2.54 3.25 &) (x) (X) x!
Textile mill products 1.62 139 1.60 156 (NA) (NA) (NA) (NA)
Paper and allied products 1:25 127 1.25 1.29 (NA) (NA) (NA) (NA)
Chemicals and allied products 130 134 135 136 () (&) (x) (x)
Petroleum and coal products 0.92 091 091 0.93 (x) () (x) (x)
Rubber and plastics products 1.37 1.40 1.40 141 (X) (X) (xX) (x)

* Preliminary. ‘ Revised. (X) Not applicable, (NA) Not available.

{pexcludes 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
Nov Nov Nov. , | Nov.
Nov.* | 1992- Nov? | 1992- Nov. | 1992- Nov? | 1992-
Nov! | 1988- | Oct. | Nov.' | 1988-] Oct. | Nov.' | 1988-] Oct. | Nov.’ | 1988} Oct.
1993 |__1992] 1993 | 1993 | 1992 | 1993 | 1993] 1992} 1993] 1993 | 1992] 1993
All manufacturing industries. . (x) 02 02 (x) 02 02 (x) 0.0 01 () 0.0 0.0
Durable goods industries - 0.0 02 03 -0.1 03 03 0.0 Ol 01 (x) 0.1 0.1
Stone, clay, and glass products (X) 05 05 (xX) 0.7 12 (X) 02 0.7 (X) 03 On
Primary metals : eee 0.2 04 03 0.8 05 1.0 0.7 02 03 (x) 01 0.1
Fabricated metal products . . : (X) 02 02 (X) 06 05 (X) 02 04 (X) 0.1 02
Industrial machinery and equipment 03 0.5 0.6 04 09 0.6 0.0 02 01 (x) 0.1 0.1
Electronic and other

_,lectrical equipment : 01 03 04 0.1 04 0.6 0.1 0.0 Ol es) 0.1 01
Transportation equipment . . . . 0.1 02 0.6 “0.4 05 09 -0.1 0.0 OL (x) 0.0 01
Instruments and related products . ies) 03 03 (X) 03 13 (X) 01 0.2 (X) 03 02
Nondurable goods industries cae (x) Ol O41 (X) 01 0.1 (xX) 04 03 (X) 0.1 0.0
Food and kindred products (X) 02 0.1 (X) (xX) (X) (X) (X) () (xX) 0.2 0.1
Tobacco products . . : (x) 03 03 (x (Xx (x) (x) (x) (X) (xX) 0.0 0.1
Textile mill products &) 07 02 (x)} NA) | aay (%) | (NA) A & Ol 0.
Paper and allied products . . . &) 02 03 (X) | (NA) | (NA) (| NAD] (NA) & 1 Ol
Chemicals and allied products... &) 02 02 &) & () (x) ) (&) (x) 01 01
Petroleum and coal products (X) 03 04 (xX) (X) (xX) (X) (X) (X) (xX) 02 03
Rubber and plastics products (x) 04 03 (&) &) (X) ie) (x) &) &) ol 02

Capital goods industries :
Nondefense . 0.1 03 04 0.2 07 0.7 0.0 0.1 01 (X) 0.1 01
Defense o : 06 0.2 05 18 07 2.0 “17 0.0 02 (X) 02 01

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

Note : The five year and the twelve month revisions are the differenc
monthly averages are the simple averages of the absolute values of the diff
durable goods industries are shown in the advance report for the month.

between the month-to-month percent changes of the preliminary and final estimates. ‘The
ferences for the months specified. The advance to final percent change revisions for the

' The current month revisions are the difference between the advance precent change and the percent change as shown in this publication,
* Average for this month for the last five years


CURRENT INDUSTRIAL REPORTS

rn ss
St of
U. S. Department of Commerce

Economics and Statistics Administration
BUREAU OF THE CENSUS

Manufacturers’ Shipments,
Inventories, and Orders

November 1993
M3-1-(93)-11
For Wire Transmissions 10:00 a.m. E.S.T. January 5, 1994

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

Summary

New orders for manufactured goods in November
increased $3.7 billion or 1.4 percent to $262.0 billion, the
Department of Commerce, Bureau of the Census reported
today. This follows a 1.2 percent October increase and is the
fourth monthly increase in a row. Year-to-date new orders
for 1993 are 6.1 percent above the same period last year.

Shipments increased $4.3 billion or 1.6 percent to
$264.7 billion. This follows a 0.1. percent increase in
October and is the fourth consecutive monthly increase.
Year-to-date shipments for 1993 are 5.8 percent above the
same pcriod last year.

Unfilled orders decreased $2.7 billion or 0.6 percent to
$445.4 billion, the lowest level since May 1988. his is the
ninth monthly decline in a row and twenty-fourth in the last
(wenty-scven months. The unfilled orders-to-shipments ratio
decreased from 3.21 in October to 3.13 in November, the
lowest since March 1977.

Inventories increased $0.5 billion or 0.1 percent to
$380.8 billion, the first increase since July. The inventories-
{o-shipments ratio decreased from 1.46 in October to 1.44 in
November, the lowest on record.

New Orders.

New orders for durable goods in November increased
$2.6 billion or 1.9 percent to $139.2 billion. This follows a
2.6 percent increase in October and is the fourth consecutive
monthly increase. Eight of the ten major groups had
increases. The largest increase was in transportation
equipment, up $1.7 billion or 5.3 percent to $34.5 billion,
due to aircraft and parts and motor vehicles and parts.
Excluding transportation equipment, new orders increased
$0.9 billion or 0.8 percent. Industrial machinery and
equipment, up for the fifth month in a row, increased $1.2
billion or 4.9 percent to $26.3 billion, due to computer and
office equipment and metalworking machinery. Electronic
and other electrical equipment had the largest decrease,
down $1.7 billion or 7.7 percent to $19.9 billion, due to
clectronic components.

New orders for nondurable goods increased $1.2 billion
or 0.9 percent to $122.8 billion, as increases, led by
chemicals and allied products and paper and allied products,
more than offset decreases, led by petroleum and coal
products. This follows a 0.4 percent decrease in October
and is the second increase in the last three months.

Shipments
Shipments of durable goods in November increased

$3.8 billion or 2.7 percent to $141.9 billion. This follows a
0.5 percent increase in October and is the fourth consecutive

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

monthly increase. All major groups increased. Industrial
machinery and equipment, up four of the last five months,
had the Iargest increase, up $0.9 billion or 3.6 percent to
$25.2 billion, with increases in nearly all categories.
Transportation equipment, up four months in a row,
increased $0.5 billion or 13 percent to $36.8 billion, as
increases in motor vehicles and parts and railroad
equipment more than offset a decline in aircraft and parts.

Shipments of nondurable goods increased $0.5 billion
or 0.4 percent to $122.8 billion, following a 0.2 percent
decrease in October. This is the second increase in the last
three months. The largest increase was in chemicals and
allied products, up $0.7 billion or 2.5 percent to $26.6 billion.
Petroleum and coal products, down seven of the last eight
months, had the largest decrease, down $0.4 billion or 3.5
percent to $11.3 billton.

Unfilled Orders

Unfilled orders for durable goods in November
decreased $2.7 billion or 0.6 percent to $424.3 billion, the
lowest level since May 1988. This is the ninth consecutive
monthly decline and twenty-eighth in the last thirty-three
months. Transportation equipment, down for the nineteenth
consecutive month, had the largest decrease, down $2.3
billion or 1.1 percent to $216.0 billion, due to aircraft and
parts and shipbuilding and tanks. This is the lowest level
since January 1989. Excluding transportation equipment,
unfilled orders were down $0.4 billion or 0.2 percent.
Industrial machinery and equipment, up for the fifth
consecutive month, had the largest increase, up $1.0 billion
or 2.0 percent to $52.7 billion, primarily due to computer
and office equipment. Unfilled orders for nondurable goods
was unchanged at $21.1 billion, following six consecutive
monthly declines.

Inventories

Inventories for durable goods in November increased
$0.7 billion or 0.3 percent to $238.3 billion. Transportation
equipment, up for the first time since May, had the largest
increase, up $0.5 billion or 0.8 percent to $63.5 billion, due
to aircraft and parts. Excluding transportation equipment,
inventories increased $0.2 billion or 0.1 percent. Electronic
and other electrical equipment increased $0.4 billion or 1.1
percent to $33.9 billion. Nondurable goods inventories
decreased $0.2 billion or 0.1 percent to $142.5 billion, the
fifth decline in the last six months.

By stage of fabrication, finished goods increased 1.3
percent in durables and decreased 0.5 percent in
nondurables. Work in process decreased 0.3 in durables and
0.1 percent in nondurables. Materials and supplies
increased 0.3 percent each in durables and nondurables.

(SEE BACK PAGE FOR 1994 RELEASE DATES)

The advance report on durable goods for December is scheduled for Janua
sale by the Superintendent of Documents, U.S. Government Printing Office,
Department of Commerce’s online Economic Bulletin Board (N-8-1) (202-482
CENDATA is available from Dialog Information Services, Inc. (1-800-334-2564)
the Census (301-763-2074) can provide content information and general guidance.

ty 27, 1994 at 8:30 a.m. and the full report on February 3, 1994 at 10:00 a.m. For
,, Washington, DC 20402. This is also available the day of issue through the
3870) and through the Census Burea

u’s online information service—CENDATA.

}) and CompuServe (1-800-848-8199). The CENDATA staff at the Bureau of


U.S. Department of Commerce | | | |
BUREAU OF THE CENSUS
Washington, D.C. 20233

Official Business

Penalty for Private Use, $300

POSTAGE AND FEES PAID
US DEPARTMENT OF COMMERCE

COM-202

First Class Mail

PUBLICATION DATES FOR THE 1994 MONTHLY M3 SURVEY
MANUFACTURERS’ SHIPMENTS, INVENTORIES, AND ORDERS

Advance Report Regular Report

Report Release Dates Release Dates
Covering (8:30 a.m. release time) (10:00 a.m. release time)
December 1993 Thur., Jan. 27 Thurs., Feb. 3
January 1994 Thur., Feb. 24 Thurs., Mar. 3
February 1994 Wed., Mar. 23 Wed., Mar. 30
March 1994 Wed., Apr. 27 Wed., May 4
April 1994 Wed., May 25 Thurs., June 2
May 1994 Thur., June 23 Thur., June 30
June 1994 Wed., July 27 Wed., Aug. 3
July 1994 Wed., Aug. 24 Wed., Aug. 31
August 1994 Wed., Sept. 28 Wed., Oct. 5
September 1994 Wed., Oct. 26 Wed., Nov. 2
October 1994 Wed., Nov. 23 Fri., Dec. 2
November 1994 Fri., Dec. 23 Thur., Jan 5, 1995

The Manufacturers’ Shipments, Inventories, and Orders press
release can be faxed to you on the day of issue at a cost of $120
per year. The fee is to cover the subscription service, wire
transmission, and administrative costs. If you wish to subscribe
to this service, or would like more information, please call
Sandy Sollinger at (301) 763-2604.


Nondefense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

11

38

New Orders

Shipments

38

Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1991 - Nov. 1993
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
11 11
New Orders
WOP- --------- 2 - eee eee ee eee eee eee —— _ |410
Shipments

5 ko L n n L L n n n L L

its

Mar Jul Nov Jan Mar Jul

May

Sep

Nov.

1991 - Nov.

1993

May

Sep WN

lov

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’

(Millions of dollars)

INVENTORIES, BY STAGE OF FABRICATION,
BY INDUSTRY GROUP

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
° change
Nov. Oct. Sept. | Oct- | Sept- | Aug. Nov. Oct. Sept. Nov. | Nov.
1993? 1993" 1993 | Nov. | Oct. | Sept 1993” 1993" 1993 1992 | 93/92
MATERIALS AND SUPPLIES
All manufacturing industries 121,142 | 120,781 | 120,930 +03 -0.1 -0.3 | 121,040 | 120,945 | 120,572 | 120,396 +05
Durable goods industries 68,711 | 68,522 | 68,441 +03 -0.3 | 68,914 | 68,799 | 68,707 | 68,398 40.8
Stone, clay, and glass products 2514 | 2'513 2/523 0.0 +0.6 | 2;505 2,503 2/512 2/501 +02
Primary metal: 5,925 5905 5945 | +03 “3.2 6,019 6.024 6,055 6310 4.6
Fabricated metal products 7,767 7,679 7.826 | +11 +11 7,756 7,583 7.873 8,033 “34
Industrial machinery and equipment 1a'4is | 14337 | 14,139 | 40.5 Ll | 14,459 | 14,423 | 14,150 | 13,852 44.4
Electronic and other
electrical equipment 10,712 | 10,657 | 10,699 40.5 +1.0 | 10,622 | 10,634 | 10,690 | 10,154
‘Transportation equipment 11,438 | 11,586 | 11,617 -13 14 | 11,473 | 11,575 | 11/552 ] 12/625
Instruments and related products 6,728 6.725 6.754 0.0 -0.4 | 6,667 6,682 6,778 6,864
Lumber, furniture and
miscellaneous durable goods 9.212 9,120 8,938 | +1.0 +d 9,413 9,375 9,097 8,059
Nondurable goods industries $2,431 | 52,259 | 52,489 +03 -04 -0.2 | $2,126 | 52,146 | 51,865 | 51,998
Food and Kindred products 91943 9990 | 10,073 -0.5 -0.8 -0.5 | 10,178 | 10,170 9,684 | 10,382
Tobacco products . 5:399 53357 5356 | +08 00] +05 5,252 51246 5,255 5,051
Textile mill products 2,697 2666 | 2626 | +12] +15] +07 2580 | 2,569 2,580 2/522
Paper and allied products 6.754 6.777 6.804 -03 04] +04 6,694 6.743 6.754 6,742
Chemicals and allied products 11398 | 11.253 | 11467 | +13 -19 | +04 | 11339 | 11245 | 11362 | 11,533
Petroleum and coal products 073 3,051 2,998 +07] +18 33 3,086 3,083, 2978 3110
Rubber and plastics products. - 4436 | 4376 4385 4 0.2 05 4,469 4384 4,423, 4402
Apparel, printing and publishing
and leather goods . . . 8,731 8,789 8,780 07} 40.1 05 8,528 8,706 8,829 8,256 433
WORK IN PROCESS
All manufacturing industries 130,038 | 130,380 | 130,033 -03 | +03 | +02 | 130,770 | 131,952 | 130,908 | 130,872 -0.1
Durable goods industries 106,620 | 106,943 | 106,704 -0.3 | +02 | +02 | 107,202 | 108,010 | 107,410 | 107,928 07
Stone, clay, and glass products 1,053 1072 1102 AB] 27 -2.0 993 2030 1086 1,093 911
Primary metals 7305 7,475 7,288 23] 426] +26 7,224 7,491 7,334 7,099 +18
Fabricated metal products 7/550 77742 77622 25] 416 -06 7317 7,185 7,630 7.672 -2.0
Industrial machinery and equipment 18,610 | 18,730 | 18,387 06] +19} +03 | 19.244 | 19386 | 18,825 | 18,530 43.9
Electronic and other
electrical equipment 14,097 | 14,047 | 13,902 | +04} +10 -07 | 14,006 | 14,045 | 13,877 | 12,897 48.6
Transportation equipment . 43,714 | 43,481 | 44017 | +05 -12 | +02 | 44,024 | 43,787 | 44.211 | 46304 49
Instruments and related products 91561 9,710 | 9,689 S| +02] +01 9,569 | 9.851 9,754 | 10,250 6.6
Lumber, furniture and
miscellaneous durable goods 4,730 | 4,686 4697 | +09] 02] +14] 4,625 4,635 4,693 4,083 | +133
Nondurable goods industries 23.418 | 23,437 | 23,329 +0.5 | +02 | 23,568 | 23,942 | 23,498 | 22,944 42.7
Food and kindred products . 4,000 | 4,004 3,840 +43 | 423 4319 4,380 3,857 31995 +811
Tobacco products 175 167 180 72) +11 248 239 207 200 | +24.0
Textile mill products 2,557 2,517 2,506 404 | +17 2,523 2,521 2,542 2,365 +67
Paper and allied products 1174 1,189 1,223 2.8 07 1146 1142 1201 1,196 42
Chemicals and allied products 5,730 5.776 5,760 +03 -0.1 $,723 5,795 5.736 53547 432
Petroleum and coal products 2/290 2/395 2451 -23 -6.2 2/293 21493 2,495 2,839 | -19.2
Rubber and plastics products 1,762 1.760 1727] +01] +19] +05 1807 1,793 1721 1,681 475
Apparel, printing and publishing
and leather goods 5,730 5,629 5642] 418] 02] +15 5,509 5,579 5,739 5121 +76
FINISHED GOODS
All manufacturing industries 129,661 | 129,140 | 129,726 | +04] -05 -0.5 | 129,085 | 128,440 | 128,746 | 130,045
Durable goods industries . 63,003 | 62,167 | 62,426 | +13 04 -02 | 62,563 | 61,304 | 61,278 | 63,276
Stone, clay, and glass products 3,964 4,009 3,976 -L1 | +08 03 3,840 31832 3,792 4,070
Primary metals ~.... 3/997 5,948 6.008 | +08] -10 21 5972 5,937 6011 6,047
Fabricated metal products 7.724 7718 7818 | +0.1 13 07 7,490 7,506 7,583 7,610
Industrial machinery and equipment 12,944 | 12,7761 | 12958] 414] -15 | +09 | 13,022 | 121646 | 12,656 | 14,278
Electronic and other
electrical equipment 9,070 8,816 gs8s | +29] 42.7] +03 8,876 8,700 8,433 7,942
Transportation equipment 8,369 7,935 8230 | +5.5 3.6 -14 8,780 8,023 8,258 9,255
Instruments and related products 6.109 6.169 6,082 10] +14] +06 6,127 6,185 6,019 5/967
Lumber, furniture and
miscellaneous durable goods 8,826 8811 8,769 | +02] +05] +01 8,456 8,475 8,526 8,107
Nondurable goods industries... . 66,658 | 66,973 | 67,300 05] 05 -0.8 | 66,522 | 67,136 | 67,468 | 66,769
Food and Kindred products 15,951 | 15,925 | 15,921 +02 0.0 09 | 16,823 | 16974 | 16,867 | 16,785
Tobacco products 1,096 1064 H166 | +30] 87 33 1,030 1150 1125 1/333
Textile mill products 4,147 4,079 4,072 +17 +0.2 07 4,025 3,995 4,009 3,965
Paper and allied products 51582 5,613 51573 -0.6 | +0.7 23 5,493 5,417 5,360 5/585
Chemicals and allied products 17,455 | 17,662 | 17,792 2] 07 -06 | 17399 | 17,332 | 17343 | 17,679
Petroleum and coal products 5,103 5,203 5/228 9] 0S -16 5,280 5371 5/339 3,739
Rubber and plastics products: - 6,059 6,073 6,087 02] 02] +02 5/898 5/825 5/891 51532
Apparel, printing, and publishing
and leather goods . . . . 11,265 | 11,354 | 11,461 08] 09 -0.1 | 10,574} 11,072 | 11,534 | 10,151 +4.2

* Preliminary. ‘ Revised.


Table 3. VALUE OF MANUFACTURERS’ UNFILLED ORDERS FOR INDUSTRY GRO!
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
° change
Nov Oct. Sept.| Oct] Sept-]  Aug- Nov Oct. Sept. Nov.} Nov
1993" 1993" 1993] Nov Oct. | Sept. 1993° 1993" 1993 1992} 93/92
All manufacturing industries 445,392} 448,120] 450,321 0.6 -0.5 -1.1] 440,957] 444,710] 448,056] 471,455 6.5
Manufacturing industries
without defense capital goods 327,816} 328,560] 328,465 0.2 0.0 -1.1 | 323,899] 326,059] 328,029] 342,463 “5.4
Durable goods industries 424,255] 426,980] 428,520 -0.6 04 -1.0] 420,546] 423,752] 425,698] 449,259 64
Stone, clay, and glass products 7,163 7,202 7312 -0.5 “15 0.6 6,923 7,229 7,540 6,767 42.3
Primary metals 22,453] 22,405} 22,074] +02] +15 0.0} 21010] 21,116] 21,388] 19,311] +8.8
Blast furnaces, steel mills 10,485] 10,364] 10,157] +12] +2.0 0.1 9,667 9,733 9,877 Tau] +304
Iron and steel foundries 3,107 3,067 2,983 +13 +28 43.5 3,076 3,049 2,942 2,819 +91
Nonferrous and other primary
metals 8,861 8,974 8,926 -13] +05 23 8,267 8,334 8,569 9,081 -9.0
Fabricated metal products . 20,224} 20,770] = 21,224 26 24 -0.7 19.813] 20,605] 21,186] 22,337 “3
Industrial machinery and equipment 52,675 | 51,643 50,965 42.0 +13 +03 52,623] 51,323 50,618} 50,556 +4.1
Engines and turbines 10,009 10,177 10,220 “WT 0.4 +2.0 10,325 10,407 10,339 10,065 42.6
Construction, mining and
material handling equipment 5,869 5,798 5,711 +12 +15 -0.9 5,781 5,699 5,568 5622] +28
Metalworking machinery 6.945 6,828 7,023 +17 28] +03 6,945 6,828 7,023 7,555 “8.1
Computer and office equipment 7,633 6,921 6,809] +103 +16 44 7,847 7,013 6,926 7,496 44.7
Electronic and other
electrical equipment. 45,536] 46,075} 44,453 2} #36] 41.2] 45,190] 45,772] 44,017] 42,256] +69
Electrical transmission and
distribution equipment and
industrial apparatus 5,872 5,875 5,845 O01) +05] +05 5,850 5,854 5,840 5,764] +15
Electric lighting and
wiring equipment 3,272 3,159 3,137] 43.6] +0.7 -19 3,272 3,159] 3,137 2,922] +12.0
Communications equipment | 15,059] 15,029} 14,701 +02) +22 47.7] 15,133] 15,104] 14,671] 13,293] +13.8
Electronic components 15,913] 16,736] 15,699 49] +66 31] 15,483] 16,268] 15,292] 15,514 -02
Transportation equipment 216,030} 218,336] 221,889 ae “1.6 -1.8} 215,776] 217,609] 220,514] 246,853] -12.6
Aircraft, missiles,
space vehicles, and parts. 187,243 | 188,965] 192,709 09 “19 -2.2} 187,047] 188,263] 191,322] 218,487 “144
Shipbuilding and tanks 20,119} 20,692] 21,015 28 -15 +23) 20,127] 20,713] 21,052] 21,073 4.5
Instruments and related products . 52,308] 52,691] 52,799 -0.7 0.2 -14] 51,866] $2,395] 52,447] 53,923 38
Search and navigation equipment 34,638] 35,254] 35,580 17 -09 -0.5| 34,242] 34,972] 35,168] 35,909 4.6
Measuring and controlling devices . 8,874 8,719 8662] +18] +07 4.0 8,874 8,719 8,662 8617, +3.0
Medical instruments and supplies 7919 7,900 7,703| +02] +26 29 7,919 7,900 7,103 8,593 -78
All other durable goods 7,866 7,858 7804) +01} 40.7] +10 7345 7,103 7,988 7,256) +12
Nondurable goods industries 21,137] 21,140] 21,801 0.0 3.0 2.0] 20,411 20,958] 22,358] 22,196 -8.0

* Preliminary. ‘ Revised.


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
Nov. Oct. | Sept. | Oct | Sept-| Aug-] Nov. Oct.} Sept] Nov. | Nov.
1993"] 1993"| 1993] Nov.] Oct.} Sept.| 1993°] 1993'} 1993] 1992] 93/92 | 1993° | 1992
All manufacturing industries - | 262,013] 258,270] 255,309] +14) +1.2) +0.7] 262,168] 268,794] 270,017] 242,949] +7.9] 2,807,565 |2,648,458
Manufacturing industries
with unfilled orders - + -| 139,435] 137,419] 135,226] +15] +1.6] — +0.3) 140,082} 141,533] 143,518] 127,915] 49.5] 1,478,407]1,401,670
without defense capital goods . 256,895] 252,966] 248,863] +1.6] +1.6] +0.8] 256,305] 262,703] 263,389] 234,896]  +9.1] 2,740,181 [2,578,972
Durable goods industries... . .. 139,206] 136,613] 133,176] +19} 42.6 +1.1] 139,182] 142,295} 140,258] 122,583] +13.5] 1,456,920 |1,338,660
With unfilled orders... 109,601} 108,262} 105,832] +1.2] +2.3)  +0.1) 110,009] 111,118] 112,552] 98,407) +11.8] 1,153,823 ]1,081,855
Stone, clay, and glass products 6,161] 5,924) 6,133f +4.0] -3.4) +5.1) 5,943] 6,376] 6,659] 5,415) +9.8 62,089
Primary metals 11,841] 11,685} 11,517] +13] +15] +4.31 11/532] 11,589] 11,207] 10,960} +5.2 123,298
Blast furnaces, steel mills . . . 5,529] 5,511f 5,394] +0.3) +2.2) 43.8) 5,218] 5,355] 5,073} 4,662] +11.9] 59,382] $2,391
Iron and steel foundries 1,156] 1,175| 1,183] -1.6} +1.9) +25. 1,144] 1,325 1,171 1,050 +9.0 11,863] 11,211
Nonferrous and other primary
metals - 5,156] 4,999] 4,970] 43.1] +06 +1.0] 5,170] 4,909] 4,963] 5,248) -1.5 59,696
Fabricated metal products 14,031] 13,876] 14,164] +11) -2.0] +0.8/ 13,712} 14,731] 15,034] 13,195] +3.9 145,610
Industrial machinery and equipment 26,258} 25,023] 24,528] +49) 42.0] +1.8] 25,939] 24.428] 26,434] 20,849] +24.4 226,790
Engines and turbines 1,301) 1,432] 1,717] -9.1] -16.6 +109) 1,347] 1,466] 1,981] 1,460) -7.7 15,352
Construction, mining and
material handling equipment -] 2,615] 2,636) 2,404) -0.8) +9.7] 4.4) 2,517] 2,759] 2,427] 2,061] +22.1] 27,390] 22,979
Metalworking machinery 2,877) 2,370} 2,563] +214) -7.5]  -2.6 3,095] 2,499] 2,799] 2,529] +22.4] 27,721] 25,164
Computer and office equipment 7,493] 6,789] 6,305] +104) +7.) -1.0) 7,568] 5,880] 7,896] 5,469] +38.4| 68,066] 56,615
Electronic and other
electrical equipment a 19,853] 21,504) 20,581] 7.7] +4.5] +3.7] 20,625) 22,101] 22,188] 18,383] +12.2] 213,965] 190,417
Electrical transmission and
distribution equipment and
industrial apparatus vs] 2,510] 2,465] 2,430] +18) +14] -2.4f 2,405] 2,406] 2,710] 2,234] 47.7] 26,632] 24,920
Electric lighting and
wiring equipment se} 1,802) 1,714) 1,588) +5.1f +7.9)  -4.2) 1,910] 1,727) 1,702] 1,715{ +114] 18,607] 16,714
Communications equipment ... . 4,269] 4,427] 4.9841 -3.6] -11.2| +20.0} 4,350] 4,369} 5,563} 3,399} +28.0] 43,371] 37,485
Electronic components sees 6,222] 7,810] 6,785} -20.3) +15.1] 1.5] 6,380] 7,785] 6,849) 6,384] -0.1| 73,575] 64,509
Transportation equipment +++] 34,489) 32,768] 31,012) +53) +5.7] 1.1] 35,358] 36,568] 31,632] 29,344] 420.5] 357,717] 329,219
Aircraft, missiles,
space vehicles, and parts. 6,831] 5,602) 4,475] +21.9] +25.) -37.2) 7,263) 5,916] 4,732] 6,169] +17.7] 71,238] 91,434
Shipbuilding and tanks ........ 504 694] 1,472] -27.4]  -52.9] +61.1 465 689] 1,484, 387] +20.2 9,623 6,183
Instruments and related products 10,630] 10,587] 10,158} +04) +42] -4.4) 10,776{ 10,632) 11,149] 10,822] -0.4) 113,323} 111,215
Search and navigation equipment 2,047] 2,193} 2,468] 6.7] -11.A -6.2| 2,233] 2,251) 2,729] 3,136] -28.8] 26,217) 26,274
Measuring and controlling devices . 3,199] 3,042] 2,640] +5.2) +15.2} -6.6] 3,147 064 2,861] 2,718] +15.8] 31,589] 30,136
Medical instruments and supplies .] 3,085] 3,168} 2,757 -2.6] +14.9] -2.9] 3,030] 3,092} 2,984] 2,832 +7.0] 31.557] 31,987
All other durable goods . 15,943} 15,246] 15,083} +4.6) +1.1]  +1.3) 15,297] 15,870] 15,955] 13,615] +12.4] 164,459] 150,022
Nondurable goods industries 122,807] 121,657] 122,133] +0.9} -0.4)  +0.3}_ 122,986] 126,499] 129,759] 120,366] +2.2] 1,350,645 |1,309,798
With unfilled orders eee 29,834] 29,157] 29,394] +2.3] -0.8]  +1.1] 30,073] 30,415] 30,966} 29,508 +19] 324,584] 319,815

* 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


i

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
Nov.| Oct. ] Sept. } Oct-} Sept-| Aug-] Nov. Oct. ] Sept.] Nov. | Nov.
1993°] 193°] 1993 | Nov.| Oct.] Sept.| 1993"} 1993°| 1993} 1992] 93/92 | 1993" | 1992
All manufacturing industries 264,741] 260,471] 260,088] +1.6] +0.1] +1.4) 265,921] 272,140] 277,395| 249,171] +6.7} 2,838,794 |2,684,770
Manufacturing Industries
with unfilled orders = 142,163] 139,620| 140,005] +1.8| -0.3] — +1.6| 143,835] 144,879] 150,896} 134,137] +7.2) 1,509,636 /1 437,982
without defense capital goods 257639| 252.871] 252.574] +19] 40.1)  +1.3] 258,465] 264,673} 269,354] 241,058] +7.2) 2,758,688 2,598,827
Durable goods industries 141,931} 138,153} 137,521} 42.7] +05) +2.2) 142,388] 144,241] 147,012] 128,334) +11.011,486,499 [1,374,791
With unfilled orders 112326] 109,802) 110,177] +23] -0.3) #1.6) 113,215] 113,064] 119,306] 104,158) +8.7}1,183,402]1,117,986
Stone, clay, and glass products 6200] 6.0341 6.174] +28] 23] +65] 6.249) 6,687) 6,908] 5,640] +108) 65,132] 61,862
Primary metals 117931 11354} 11527] +39) -1-5] 1.8] 11,638] 11,861] 12,004) 11,117) +4.7) 127,184) 125,801
Blast furnaces, steel mills 5408] 5312) 5.294] +18] +03) -0.5} 5.2841 5.4991 5,431] 4,780) +105) 58,137] 53,753
Iron and steel foundries 1116] v09sf 1052) +23) 43.7] 42.2) Lanz] 1.218] 1,102] 1,035} +7.9] 11,617) 11,350
Nonferrous and other primary
metals 5,269] 4,951 +64) -44) +43) 5,237] 5,144 5,302] -1.2] 57,430] 60,698
Fabricated metal products 14,577| 14,330] +17) +01) +13) 14,504] 15,312) 13.426] +8.0] 156,359] 147,203
Industrial machinery and equipment 25,226| 24,345 +3.6|  -0.2] 42.1] 24,639) 23,723 21,046} +17.1] 258,360] 228,993
Engines and turbines 1,469] 1,475 -0.4] 3.0) -1.5] 1,429) 1,398 1372) +4.2| 16,103] 14,791
Farm and garden machinery 1,528] 1,455 45.0) -14) 0.1) 1.276) 1,427] 1,053 +21.2] 16,374] 13,868
Construction, mining and
material handling equipment 2,544) 2,549] 2.453] -0.2] 43.9) +25] 2,435] 2,628) 2,093] +163] 27,208] 23,063
Metalworking machinery 2760] 2/563] 2'540] +76] +1.0] +1.) 2.978) 2,694) 2,776] 2.812] $5.9) 28,109) 26,086
Computer and office equipment 6781] 6677) 6615] +16} +09] +07] 6.734] 5.793] 8,320] 5,610] +20.0) 67,340) 57,766
Electronic and other
electrical equipment 20392| 19,882| 20,042) +2.6| -0.8} +2. 21,207) 20.346) 22,111] 18,461] +14.9] 210,862) 189,729
Electrical transmission and
distribution equipment and
industrial apparatus 2513] 2,435] 2,399) 43.21 +15] -0.7] 2,409] 2,392) 2,689] 2,244) 47.4] 26,334) 25,365
Household appliances . 1741} 1695] 1.723] 42.7] -16 © -0.3] 1,694] 1,700] 1,811] 1,541] 49.9] 18,307) 16,601
Electric lighting and
wiring equipment 1689 1,692) 1649] -0.2] 42.6) -0.5| 1,797] 1,705] 1,763} 1,702] +5.6} 18,315) 16,915
Household audio and
video equipment : 950i 904938] -4.a} 46.31 1.1] 1,207] 1,309) 1,205] 1,187] +1.7) 10,358) 10,070
Communications equipment 4239] 4,090] 3,935] +3.4] +42] +02) 4321] 3.936] 4,477) 3,564) +212] 41,660) 37,427
Electronic components 7'085| 6.7731 7.280) +40 -7.01 +4.8) 7,165] 6,809} 7,720) 6,120} +17.1] 73,774] 63.474
Transportation equipment 36.793) 36321] 35164] +13] +33) +3.) 37,191] 39.473] 36,268] 34,379) +8.2] 387,787) 356.249
Motor vehicles and parts 23362] 241431] 23.662] +3.8| +32) +7.8] 25,998] 27,876] 23,985] 21,589] +204] 259,403) 216,882
Aircraft, missiles,
space vehicles, and parts. 8553) 9,346 8,900] -8.5] +50] -10.2] 8,479] 8,975] 9,585] 10,650} -20.4) 101,367| 114.325
Shipbuilding and tanks 1,077 ‘990| +59] +27] +48] 1051] 1,028] 1,026) 967], +8.7] 10,710) 10,786
Instruments and related products 11,013 10,902] 43.0) -1.9| +04) 11,305] 10,684] 11,821] 10,666] +6.0] 117,044) 115,612
Search and navigation equipment 2,663 roa] +5.7) -4.6] +24) 2,963] 2,447] 2,856} 2,953) +0.3] 29,130} 30,263
Measuring and controlling devices 3,044 Z000| +20) -0.5| +18] 2,992] 3,007] 3,221] 2,738] +9.3) 31,903] 30,739
Medical instruments and supplies 3,066 Doss] +3.2| -0.6 -0.2} 3,011] 2,895] 3,215] 2,785] +8.1] 32,061) 31,622
Photographic goods . 1,886] 1927] 40.2) -2.3| 3.6 1,990] 2,001) 2,150] 1,876] 6.1] 20,215] 19,464
All other durable goods 15,935 15,009] +49] +12) 41.8) 15,655] 16,155] 16,146) 13,599] +15.1} 163,771) 149,342
Nondurable goods industries 122,810] 122,318] 122,567] +0.4] -0.2] +0.4) 123,533] 127,899| 130,383] 120,837] +2.2) 1,352,295 1,309,979
With unfilled orders 30'837| 29'818| 29828] +0.1} 0.0, +1.4] 30,620] 31,815] 31,590] 29,979] +2.1] 326,234) 319,996
Food and kindred products 34.968] 34.771] 34.909] +06] -0.4) -L.4 35,199] 36,095] 37,158) 33,688] +4.5] 378,815] 362,175
Meat products 7949] 1040] 8,007] -1.1) +04] -0.8] 7,806] 8,344] 8,333] 7.471] 44.5) 87,516} 81,885
Dairy products 4541|  4'462| 4.560| +18] -2.1] +10) 4,600) 4,452] 4,720] 4,461) $3.1] 49,550) 48,249
Beverages .... : 4827] 5,035) +43{ 4.11 -2.2} 4,808] 4,678] 5,196) 4,577) +5.0] 54,294) 52,809
Alll other foods, except fats and oils 15,680 12] +0.6) —-2.0| 16,040] 16,859) 17,191] 15,542] +3.2} 168,373] 161,542
Tobacco products 2391 -45| 9.4] 427.9) 2,523] 2,205] 3,150) 3,162) -20.2| 28,253] 29,152
Textile mill produ 5,807 00/ +08) -2.3) 5,968] 6.252) 6,367] 5,910] +1.0) 64,824) 64,491
Broadwoven fabrics and
other textiles 3,542) 3,531| +07] +03) -0.5] 3,575] 3,703) 3,923] 3,543] +0.9| 39,962} 40,222
Paper and allied products 1o191| 10'sgo} +1} 1.8] +21) 10,603) 10,885] 11,273} 10,756] -1.4] 119,015] 120,556
Pulp, paper, and
paperboard mill products 4295} 430s} +1.2| -02] -0.1) 4.334) 4,292] 43651 4,509] 3.9) 47,927) 49.091
Paperboard containers and boxes 2'585| 2.637| +31 2.0) 0.0] 2,628] 2,711] 2,713] 2,662] -1.3] 29,335) 29,995
Miscellaneous converted
paper products . . 3811] 3,947] -o.4] 3.4) 6.2] 3,641] 3,882] 4,195} 3,585] +16) 41,753) 41,470
Chemicals and allied products 25.921| 25,943] +25] -0.1]  +0.8) 25,525] 25,650) 27,218} 24,180) +5.6| 288,318] 276,798
Industrial chemicals. 13.185] 13181} +31] 0.0) -1.0f 13,230] 13,258] 13,445) 12,827) +3.1] 148,533] 144,147
Drugs, soaps, and toiletries d'osa] 9.919] 40.8] +04] +35) 9,826] 9.967] 11,291] 9,132] +7.6) 106,861] 100,255
Petroleum and coal products . 11745] 11,669} -3.5] +0.) -1.8| 11,755] 12,797] 12,333] 13,379) -12.1] 136,841) 142,124
Rubber and plastics products 8700} 8.690] +26] +0.1| +08] 8513) 9,070] 9,054) 8,155] +4.4] 96,070) 95,669
All other nondurable goods 22292] 22,064] -0.8| +10} 41.5] 23,447] 24,945] 23,830] 21,607] +8.5] 240,159] 219,014

* Preliminary. ‘ Revised.

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