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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Perce
chan;
Nov. Oct. Sept. Oct-} Sept-] Aug.- Nov. Oct. Sept. Nov. Nov

1997" 1997" 1997 Nov. Oct. Sept. 1997" 1997" 1997 1996 9719

All manufacturing industries ..... | 453,921] 452,139] 449,152 +04 40.7 40.2] 454,407] 453,221] 448,616 | 435,162 +4,

Manufacturing industries
with unfilled orders...

+ 300,883 | 299,664] 297,714 40.4 +0.7 0.2] 301,014} 299,784] 297,372] 288,963 +4,
without defense capital goods |

437,962 | 436,069] 432,854 +04 +0.7 +0.1} 438,403] 436,965] 432,003] 418,472 +4.
284,402 | 283,477) 281,762 +03 +0.6 0.0) 285,141] 283,673} 281,112] 272,612

Durable goods industries.

With unfilled orders 261,062} 259,929] 258,098 +04 +07 0.3] 261,698] 260,280} 257,720} 250,246
Stone, clay, and glass products 8,794 8,630 8,744 +19 -13 +04 8,469 8,318 8,565 8,195
Primary metals... . aes 24,899/ 24,875] 24.811] 40.1] +03! 03] 24,751] 24684] 24.726] 24/353,

Blast furnaces, steel mills... . 12,053] 12,061] 12,060] -0.1 0.0} -03] 12,161] 12,058] 12060} 12,273
Iron and steel foundries 1,645 1,640 1,653} +03) -08] +07 1,602 1,604 1,622 1,620

Nonferrous and other primary
metals . .

11,201 11,174 11,098 +0.2 +0.7 -0.6 10,988 11,022 11,044 10,460 +5.
Fabricated metal products

29,136 29,029 28,868 40.4 40.6 +0.8 28,703 28,614 28,617 26,925 +6.

Industrial machinery and cauipment "| 60,605} 60,487) 008s} +02) +07/ -03| G1227| 60's4o] 39'504| sor76a| 42.
Engines and turbines 1 3,863} 3,803) 3,742] +16] +16] 423 = 40] 3,974] 3,832] 3.983] 43
Farm and garden machinery 3,272) 3,311] 3,236] 1.2] 423] = 08] = 3,252] 3,130] 3,015] 2,817] 415+

Construction, ing and
material handling equipment .

8,052 7,971 7,940 +10 +04
Metalworking machinery. .

7,307 7,294 7,187 +0.2 +15

8,028 7,938 7,864 7,619 +54
7,241 7,325 7,246 7,179 +04

Computer and office equipment... | 11683] 11.765] 11.915 07{  -13 12,092] 11,923} 11,675] 12,622] -4:
Electronic and other
electrical equipment ....... see 40,176] 40,048] 39,964 +03 40.2 0.5] 40,196] 40,252] 39,921 39,649 +e

Electrical transmission and
distribution equipment and
industrial apparatus . .
Household appliances .
Electric lighting and

wiring equipment ............ 3,428 3,410 3,392] +05 40.5 +03 3,418 3,421 3,339 3,246} 45.2
Household audio and

video equipment ........
Communications equipment
Electronic components...

Transportation equipment . .

Motor vehicles and parts.
Aircraft, missiles,

space vehicles, and parts.

5,221 5,245 5,246 0.5 0.0 0.2 5,322 5,304 5,238 5,270 +10
2,669 2,682 2,748 0.5 24 13 2,573 2,588 2,599 2,738 64

1,512 1,569 1,546 -3.6 +S. 23 1,415 1,552 1,586 1,567 9
10,989 10,871 10,839 +d +03 0.7 11,010 10,948 10,897 10,414 455
13,088 12,976 12,847 +0.9 +10 +03 13,284 13,162 12,901 13,020
68,616 68,503 67,561 +02 +14 +0.1 69,486 69,118 67,864 63,448
16,429 16,654 17,101 “14 2.6 +23 16,526 16,787 17,230 16,583

47,464 47,061 45,753 +09 42.9 0.6 48,226 47,562 45,939 41,986

Shipbuilding and tanks .. . 1,597 1,624 1,625 “17 0.1 42.4 1,594 1,585 1,600 1,755
Instruments and related products . . . . 25,107} 24,900} 24,898 40.8 0.0 05] 25,273] 25,074} 25,018] 24,488
Search and navigation equipment. 6,069 6,038 6,148 +0.5 1.8 2.5 6,064 5,985 6,183 6,067
Measuring and controlling devices . 7,867] 7,816] 7,793) 40.7] = +03 05} 7,875} 7,811 7,786| 7,536

Medical instruments and Supplies : 8162} 8,036] 7,970} +16] 40.8] 9 +05 8,260) 8,152 7,938 7,685
Photographic goods .. . + 2,326 2,334 2,321 03 40.6 +12 2,386 2,449 2,452 2,581
All other durable goods . 27,069] 27,005] 26,832 40.2 +0.6 +04] 27,036] 27,067} 26,807] — 25,790

Nondurable goods industries ....... | 169,519] 168,662] 167,390] +0. +0.8 40.5] 169,266} 169,548] 167,504] 162,550 +41
With unfilled orders . . . : 39,821] 39,735] 39,616] +0.2 +05} 39,316] 39,504] 39,652] 38,717] +15
Food and kindred Products. 35,522] 35,513] 35,308 0.0 +02] 37,188] 37,640] 36,074] 36,418] 42.1
Meat products . . 3.816] 3,821 3,824) -0.1 15] 3,797] 3,845] 3,810] 3,743] +14
Dairy products . 3,256} 3,187] 3,164] 42.2 40.7) 3,194] 3,224] 3,194] 3050] 44.7
Beverages .. 7,189] 7,129] 7,048} = 40.8 42.71 7,333} 7,380] 7,209] 6680] -+9.8
All other foods, except fats 19,273] 19,360] 19.372] -04 0.8] 20,699} 21,080} 20,318] 20,636] +03
Tobacco products . . . 6216] 6,167] 6,066] +08 12] 6365) 6.271 5912] 6344] +03
Textile mill products. 10,243] 10,314) 10309) -0.7 40.1] 10,042] 10,115} 10,110] 9,837] #2.1
Broadwoven fabrics and
other textiles... . bene 6388] 6414} 6,412] -0.4 0.0} +01 6,331 6309] 6265] 6,246] +14
Paper and allied products bees 16,150] 16,079] 16,098 +04 0.1 +10] 15,986] 15,875] 15,985] 16,056 04
Pulp, paper, and

Paperboard mill products ..... 6,631 6,585 6,592 +0.7 0.1 +05 6,591 6,489 6,560 6,708 -L7
Paperboard containers and boxes . 3,927} 3,905] 3,854] 40.6] +13] = 40.6{ = 3,848] = 3,824] 3,847] 3,801] 41.2
Miscellaneous converted

Paper products . . . 5,592] 5,589] 5,652] +0.1 “lf +19] 5,547] 5,562} 5,578 5,547 0.0

Chemicals and allied pro 44,438] 43,894] 43,206] 41.2] +16} 9 +13] 44112] 43,452] 42,905] 40,504] 48.9
Industrial chemicals . . . 20,138] 19,864] 19,815] +14] = +02 0.0) 19,937] 19,625] 19.814] 18996] 45.0

Drugs, soaps, and toiletries
Petroleum and coal products .
Rubber and plastics products
Alll other nondurable goods .. .

18,888 18,651 18,042 +13 43.4 42.9 18,888 18,674 18,021 16,521 +143
12,587 12,463 12,450 +10 +0.1 +0.2 12,463 12,536 12,583 12,244 +18
16,500 16,375 16,318 +0.8 +03 03 16,136 15,996 15,979 15,304 +54
27,863 27,857 27,635 0.0 +0.8 +03 26,974 27,663 27,956 25,843 +44

* Preliminary. ' Revised,
See note at end of table 2 relating to survey error and revision.


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

380 380
New Orders
360} - ----------------------------------F Shipments || 360
340 340
320 320
300 300
280 L L 1 L L L L 1 1 L L L 1 280
Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1995 - Nov. 1997
Total Manufacturing

Ratio of Unfilled Orders and

Inventories to Shipments
V/S Ratios UO/S Ratios
2.5 3.9
2.4 vos |-4 3.8
2.3 vs [$3.7
22b--------------------------------------}==+]36
21F----- 7 rc rr rr rr rr tr rr tr tr rt 3.5
2b----------- ee ere eee ee eee eee eee eee 3.4
1.9 3.3
1.8 3.2
1.7 3.1

1.6 3

1.5 2.9
1.4 2.8
1.3 2.7
1.2 1 1 1 i L a i L 1 i. 1 L 1 2.6

Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1995 - Nov. 1997

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDE

FOR TOPICAL SERIES'

(Millions of dollars)

RS AND TOTAL INVENTORIES

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Nov. Oct. Sept. | Oct- } Sept- | Aug- Nov. Oct. Sept. Nov. | Nov.
1997" | 1997" 1997 | Nov. | Oct. | Sept. 197° 1997" 1997 1996 | 97/96
UNFILLED ORDERS
All manufacturing industries... . . 542,460 | 530,498 | 527,931 42.3 40.5 +0.2 | 537,628 | 527,504 | 522,706 | $11,547 +5.1
Market categories :
Automotive equipment . . 2.449 | 2,459 | 2,428 04} +13] 02 | 2378} 2425 | 2,421 2,208 407
Home goods and apparel 10,253 9,572 9,293 47.1 43.0 44.6 9,407 9,403 9,572 8,051 +168
Consumer staples 2,172 | 2285 | 2318 49] -l4} 24 2,151 2,296 | 2,460 | 2,117 +16
Machinery and equipment . 249,867 | 237,884 | 234,197 | +5.0 | +1.6 | +01 | 249,884 | 237.766 | 2331157 | 230.231 48.5
Business supplies 6,982 6,998 6,905 02 413 16 6,839 6,873 6,957 6,547 +45
Construction materials
and supplies. 17,572 | 17,552 | 17,230 | +011 +19 | 40.1 | 17,163 | 17,303 | 17,282 | 15,378 | +102
Defense products . 98,831 | 99,916 | 101,575 “ll } -1L6 | 0.7 | 96,942 | 97,732 | 99/381 | 1027572 55
Other materials, supplies and
and intermediate products ..... . 154,334 | 153,832 | 153,985 +03 0.1 +0.7 | 152,864 | 153,706 | 151,476 | 144,243 +6.0
Durable goods industries :
Nondefense capital goods* ...... 267,082 | 255,533 | 252,771 44.5 +11 40.1 | 267,398 | 255,463 | 251,751 | 251,120 46.5
Excluding aircraft and parts 101,823 | 101,468 }| 100,556 +03 +0.9 +13 | 102,139 | 101,398 | 99,536 | 96,497 45.8
Defense capital goods * 103,323 | 104,368 | 106,134 -10 17 -0.7 | 101,355 | 102,166 | 103,976 | 107,154 5.4
Durables excluding capital 145,626 | 144,266 | 142,836 40.9 +10 +0.9 | 143,392 | 144,328 | 140,734 | 128,646 +S
Miscellaneous series :
Producers’ durable equipment 290,177 | 277,344 | 272,091 44.6 +19 +0.2 | 289,723 | 277,350 | 271,354 | 264,338 49.6
Household durable goods ....... 7,016 6,552 6,455 +71 +15 43.9 6,645 6,635 6,699 5,030 432.1
Information technology industries . 38,137 | 38,391 38,722 0.7 0.9 -03 | 38,474 | 38,564 | 38,641 36,893 +43
Health care equipment
and products .............., 8174 | 8,062 | 7,977 | +14] +14 -0.1 8371 | 8214] 7,859 | 7,926 +56
TOTAL INVENTORIES
All manufacturing industries 453,921 | 452,139 | 449,152 +04} 40.7 | +0.2 | 454,407 | 453,221 | 448,616 | 435,162 +44
Market categories :
Automotive equipment 8,140 | 8,269 | 8,496 16] 2.7] 432] 8142 | 8,298 | 8,534] 8,127 +02
Home goods and apparel 32,791 | 32,873 | 32,763 0.2} +03} 0.1 | 31,491 | 32276 | 32,630 | 30°246 +4.1
Consumer staples . .... . 70,821 | 70,419 | 69,507 | +06 | +13 | +408 | 72240 | 72:463 | 70.262 | 68'737 45.1
Machinery and equipment 115,949 | 115,149 | 113,192 40.7 +17 -0.5 | 117,280 | 115,615 | 112,739 | 108,525 +81
Business supplies 27,264 | 27,104 | 26,993 +0.6 +0.4 +0.9 | 27,098 | 27,164 | 27,142 | 26,024 +41
Construction materials
and supplies 27,815 | 27,653 | 27,636 | +06] +01 | +02 | 27,451 | 27317 | 27388 | 26,330 +43
Defense products . . 15,742 | 15,835 | 16,029 06} -12] +14} 15,780 | 15,983 | 16.287 | 16,389 37
Other materials, supplies anc
and intermediate products .... . . 155,399 | 154,837 | 154,536 +04 40.2 0.0 | 154,925 | 154,105 | 153,634 | 150,784 42.7
Durable goods industries :
Nondefense capital goods * . 109,764 | 109,067 | 107,231 +0.6 +17 -0.8 | 111,193 | 109,676 | 106,839 | 103,108 478
Excluding aircraft and parts. 72,292 | 72,153 | 71,769 +0.2 +0.5 0.5 | 73,021 | 72,468 | 71,486 | 71,635 +19
Defense capital goods* ....... 15,959 | 16,070 | 16.298 07) -14] +12 | 16,004 | 16,256 | 16.613 | 16,690 41
Durables excluding capital goods 158,679 } 158,340 | 158,233 +0.2 +0.1 +04 | 157,944 | 157,741 ] 157,660 | 152,814 43.4
Miscellaneous series :
Producers’ durable equipment . 185,012 | 184,188 | 182,349 | 404] 41.0 | -0.4 | 185,979 | 184,403 | 181,708 | 175,585 45.9
Household durable goods : 16,409 16,377 16,309 40.2 +0.4 04 15,971 16,196 16,197 15,403 43.7
Information technology industries . 34,895 | 34,831 34,943 +0.2 -0.3 1.0 | 35,380 | 35,133 | 34,867 | 35,032 +10
Health care equipment
and products -............., 18.403 | 18147 | 17,755 | +14] 422] +18] 18,498 | 18,272 | 17,711 | 16649] +114

See footnotes at end of table 5.

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


Table 5. VALUE OF MANUFACTURERS’ 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.
1997 | 1997} 1997] Nov.| Oct} Sept.} 19977] 1997°] 1997} 1996} 97/96 | 19977 | 1996

SHIPMENTS

All manufacturing industries... .. 333,138] 334,064] 335,366] — -0.3) 04 +

6) 333,571] 344,183] 357,830) 320,385) +4.113,615,831 [3,422,981

Market categories :
Automotive equipment .........} 14,556] 14,990] 14,736]
Home goods and apparel +++] 19,498] 19,232) 19,527]
Consumer staples . 69,585] 69,500] 69,147
Machinery and equipr seveees | 60,200} 60,469) 61,775
Business supplies ............- 25,836] 26,049] 26,033}
Construction materials

and supplies. . 20,683] 20,854} 21,159]
Defense products . . 7,383) 6,898 6,550
Other materials, supplies and

and intermediate products ...... 115,397} 116,072] 116,439] — -0.6] 0.3) +2.2) 113,547] 118,230] 122,525] 108,062 45.1] 1,254,086 |1,184,951

+17) 0.0] 14,923] 16,575] 15,419} 14,485 $3.0] 160,302} 154,704
1.5] +3.5] 20,698} 21,727] 22,366} 19,946) +3,8} 212,089) 202,669
+0.5 -0.6] 70,826] 72,042} 73,102) 70,225 40.9] 759,036] 733,477
-2.1]  +2.8) 59,444] 59,825] 67,527) 55,527) +71) 645,484] 591,623
+0.1]  +1.5] 26,394] 26,869] 27,126] 25,531 43.4] 281,298} 269,279

-1.4[ +17] 20,348} 22,236} 22,791] 19,865 +2.4) 230,461] 217,143
45.3) +1 7391 6,679] 6,974) 6,744) +9.6 73,075| 69,135

Durable goods industries :
Nondefense capital goods? . . . 47,549 47,168} 48,4821 +0.8) 2.7] +3.4) 46,314] 44,892] 54,362] 42,279} +9.5| 499,482) 451,479
Excluding aircraft and parts... | 40,634] 40,706 41,251] -0.2} -1.3) +32) 39,552] 39,075] 46,627] 36,532] +8.3) 426,750) 395,004
Defense capital goods‘ ..... ‘| 6.993] 6491] 6163, +77] 45.3) +08) 7,094] 6.279] 6,564] 6,494] 49.2) 68,843) 65,200
Durables excluding capital goods . | 1287530] 129,943) 130,851] -1.1|  -0.7]_ +2.1) 129,334] 137,126] 139,352] 123,255] +4.9] 1,406,994 1,318,552

Miscellaneous series :
Producers’ durable equipment . .. .
Household durable goods . . ..

117,208] 118,243] 119,360) -0.9) 0.9} +2.5] 117,115] 120,945] 129,174] 110,317) +6.2| 1,264,095 [1,177,101
10,067 9,874] 10,093) +2.0] 2.2) +6.3] 10,807} 10,949} 11,726] 9,982, +83] 107,400} 100,090

Information technology industries. | 22.609] 22,652) 23,002] -0.2| 1.5) +1.0) 22,478) 21,126] 27,211] 20,632] +8.9) 236,278) 214,677
Health care equipment

and products ............ -} 11,078] 11,209} 11,292] -12] -0.7} +3.5] 10,956} 11,314] 12,372] 10,839} #11] 120,534] 113,802
NEW ORDERS

All manufacturing industries... . 345,100] 336,631) 336,264] 42.5] +0.1) +0.4) 343,695] 348,981] 353,389] 321,484] —+6.9/3,641,240 3,457,494

Market categories :
‘Automotive equipment .........1 14,546] 15,020] 14,733
Home goods and apparel .......] 20,178] 19,511] 19.934
Consumer staples . . . 69,472| 69,467} 69,097
Machinery and equipment 72,183] 64.156] 62,064
Business supplies 25,820| 26,142] 25,921

Construction materials

and supplies . 20,703) 21,176] 21,171 2.2] 0. +14] 20,208] 22,258] 22,726) 19,603) 43.1] 231,497] 217,277
Defense products . oo 6,298) 5,239) 5,814] +20.2) 9.9) +022 6,601 5,030) 5,733} 9,224) 28.4 62,911 72,018
Other materials, supplies and

and intermediate products ..... . 115,900] 115,920} 117,530} 0.0) -1.4) 0.7] 112,706} 120,460} 120,534) 108,389} +4.0| 1,265,014 ]1,193,581

+19} -O.1) 14,877] 16,579} 15,346] 14,487 42.7] 160,478} 154,676
2.1] +62) 20,702] 21,557] 22,452] 18,885 49.6} 213,990] 203,218
+0.5]  -0.5] 70,681] 71,877] 72,889} 70,350 +0.5{ 759,026] 733,714
43.41 41.0 71,561] 64,434] 66,923] 54,942] +30.2} 666,796] 613,524
+0.9)  +1.5] 26,359] 26,786] 26,786] 25,604 +2.9] 281,528] 269,486

Durable goods industries :
Nondefense capital goods >... .
Excluding aircraft and parts.
Defense capital goods *
Durables excluding capital g

59,098] 49,930] 48,625] +184] +2.7] +1.3] 58,249] 48,604] 54,097) 42,746) +363] 51 7,357) 476,246
40,989] 41,618) 42,544) -1.5) 22) +61) 40,293] 40,937] 47,512] 36,560| +10.2) 435,114] 397,852

5,948} 4,725 5,449] +25.9) -13.3) +2.7) 6,283 4,469 5,405] 8,716} = -27.9 58,520] 68,052
129,890} 131,373] 132,136) -1.1 0.6] — -0.6} 128,398] 140,720} 136,907] 121,044 +6.1} 1,424,013 }1,323,840

Miscellaneous series :
Producers’ durable equipment ....| 130,041] 123,496] 119,873] +5.3}  +3.0| +1.8} 129,488] 126,941] 128,330} 108,797] — +19.0/ 1,290,808 }1,197,110
Household durable goods ..... “| 10,531] 9,971] 10,336] +5.6| -3.5] +10.6] 10,817] 10,885] 11,820] 9,086} +19.1] 109,245} 100,160
Information technology industries . | 22,355] 22,321 22,902) +02] -2.5]  +2.8) 22,388] 21,049] 26,896} 20,519} +9.1) 239,662 215,062
Health care equipment
and products ............055 11,190} 11,294] 11,284] -0.9| 40.1] 42.0] 11,113] 11,669} 12,221] 10,888) +2.1] 121,448] 114,385

” Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories.

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

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

industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engit
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, tar
and tank components; and search and navigation equipment.

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


Table 8. RATIOS OF MANUFACTURERS’ INVENTORIES TO SHIPMENTS AND
UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP

(Based on seasonally adjusted data)

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Nov. Oct, Sept. Aug. Nov. Oct. Sept. Aug
197° 197" 1997 1997 197° 1997" 1997 199
All manufacturing industries... . 136 135 134 136 2.88 2.82 2.78 2.85
Durable goods industries ....... 1.55 1.54 152 1.56 3.42 335 3.30 3.3
Stone, clay, and glass products - 115 13 113 11s 0.90 0.90 037 0.8
Primary metals 2... . 1.62 1.60 1:59 1.62 222 216 2.15 2.1C
Fabricated metal products : 151 150 148 130 1.50 148 1.46 14¢
Industrial machinery and equipment 179 174 171 17 228 225 2.24 2.30
Electronic and other
electrical equipment 131 132 129 133 181 1.84 1.80 18:
‘Transportation equipment . . . 137 139 1.56 158 14 11.25 10.91 11.30
Instruments and related products 1.89 1.81 1:80 191 3.63 3.49 3.49 3%
Nondurable goods industries . . 113 112 112 1.12 0.70 0.70 0.70 071
Food and Kindred products « : 0.87 0.88 0.89 0.87 (Xx) (X) (X) Xx
Tobacco products . . . 178 181 1:80 191 &) &) & Xx
Textile mill products : 148 150 149 151 (NA) (NA) (NA) (NA;
Paper and allied products . . . 116 Lis 116 118 (NA) (NA) (NA) (NAS
Chemicals and allied products. 137 134 131 131 fe) & & ie
Petroleum and coal products 0.84 0.81 0.80 0.79 (X) (xX) (X) (Xx
Rubber and plastics products - 131 1:28 1.29 133 (x) &) &) te

* 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 machin:
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related products; chemic
petroleum and coal products; and rubber and plastics products.

Table 9. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES

(Based on seasonally adjusted data)

Industry

All manufacturing industries . . .

Durable goods industries
Stone, clay, and glass products .
Primary metals
Fabricated metal products... . .
Industrial machinery and equipment  .
Electronic and other

electrical equipment...
Transportation equipment . .
Instruments and related products .

Nondurable goods industries .
Food and kindred products .
Tobacco products ...
Textile mill products .
Paper and allied products | |
Chemicals and allied products
Petroleum and coal products
Rubber and plastics products |

Capital goods industries
londefense
Defense . .

Shipments New orders Unfilled orders Inventories
Nov. Nov. Nov. Nov.

Nov? | 1996: Nov.? | 1996- Nov? | 1996- Nov.? | 1996:

Nov.' | 1992-] Oct. | Nov.' | 1992-] Oct. | Nov.' | 1992-| Oct] Nov. | 1992-] Oct.
1997 | 1996 | 1997] 1997] 1996] 1997] 1997] 1996} 1997] 1997] 1996 | 1997
&) 02 02 9) ol 02 e9) 0. 0.1 & 1 01
01 03 02 0.0 02 03 0.0 01 0.1 to) 01 0.
(e0) 04 05 (X) 04 a) (x) 05 09 & 0. 02
03 05 o2| 07 05 07} 02 02 03 &) Ol 0.0
(x) 05 03 te) 09 06 fe) 04 04 &) O.1 O.
0.1 08 06) -03 1.0 08} -0.1 02 02 & ol ol
06 05 0s 06 05 12 0.0 03 05 fe) 01 01
05 04 03 07 04 09 0.0 ol 1 &) 02 02
&® 03 05 () 09 13 &) 02 03 &) 02 02
&) 0.0 02 fe) 0.1 0.2 ) 03 0.2 toa) Ol 01
& 0.1 05 (X) &) 2) ) & &® &) 02 02
XX) 0.2 0.1 10.0) OX) O (X) (X (X) (X) 0.0 0.0
& 04 03 (x) | eva) | (NA) (x)} wa) | Na) &) 02 02
X) 02 04 | vay] (Na) (x) | (NA) |} (NA) & 02 Ou
(x) 02 0.2 ie.8) (X) (X) (X) (X) (X) (X) 0.2 OL
& 03 02 fo) & & &) & & &) 03 05
&) 04 04 & x) &) (%) &) &) &) ol ol
05 04 04 05 07 07 0.0 02 Ol (x) 0.1 0.2
0.1 05 08 10 18 27 o. o. 02 (&) 02 02

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

Note : The five year and the twelve month revisions are the differences between the month-to-month percent changes of the preliminary and final estimates. ~
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

durable goods industries are s!

jown in the advance report for the month.

The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.
? Average for this month for the last five years.


CURRENT INDUSTRIAL REPORTS

ior
ay

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

Manufacturers’ Shipments,
Inventories, and Orders

November 1997
M3-1-(97)-11
For Wire Transmissions 10:00 a.m. E.S.T. January 6, 1998

For Data - (301) 457-4673
For Questions - Kathy Menth or Gloria Cable
(301) 457-4804 or (301) 457-4832

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

mmary

New orders for manufactured goods in November increased $8.5 billion
oy 2.5 percent to $345.1 billion, the Department of Commerce, Bureau of the
Census reported today. This follows a 0.1 pereent October increase and is the
sixth consecutive monthly increase, Excluding transportation, new orders
decreased 0.3 percent, the second consecutive decline. Year to date, new
orders are 5.3 percent above the same period a year ago

Shipments decreased $0.9 billion or 0.3 percent to $333.1 billion,
following a 0.4 percent October decrease. This is the third decrease in the last
four months and the fifth this year. Year to date, shipments are 5.6 percent
above the same period a year ago.

Unfilled orders, up six of the last seven months, increased $12.0 billion
or 2.3 percent to $542.5 billion, following a 0.5 percent October increase. The
unfilled orders-to-shipments ratio was 2.88, up from 2.82 in October.

___ Inventories, up sixteen of the last seventeen months, increased $1.8
billion or 0.4 percent to $453.9 billion, following a 0.7 percent October
increase. ‘The inventories-o-shipments ‘ratio was 1:36, up from 1.35 in

tok

New Orders

New orders for manufactured durable goods in November increased $8.9
billion or 4.8 percent to $194.9 billion, unrevised from the previously
published 4.8 percent increase. This follows a 0.1 percent October decrease
and is the fifth increase in the last six months.

Transportation equipment, up three of the last four months, had the
largest increase, $9.5 billion of 21.0 percent to $54.6 illion, due io aircraft
and parts. This follows a 6.7 percent October increase. ‘Primary metals
increased $0.4 billion or 2.5 percent to $16.0 billion, following a 6.4 percent
October decrease. This is the second increase in the iast three months and the
eighth this year. Electronic and other electrical equipment, up for the first
month since August, increased $0.2 billion or 0.7 percent 'to $30.4 billion,
This follows a 4.2" percent October decrease. Industrial machinery and
equipment, down three of the last four months, decreased $0.7 billion or 1.9
percent to’$33.9 billion. This follows a 2.2 percent October decrease. Stone,
¢lay, and glass products, dawn forthe first month since August, decreased $0.3
billion or 3.8 percent to $7.6 billion, This follows a [7 percent October
increase. | Fal metal products, down four of the last five_months,
declined $0.3 billion or 1.3 percent t6 $19.4 billion, following a 0.6 percent
October decrease

New orders for nondurable goods, down for the first month since August,
decreased $0.4 billion or 0.3 percent to $150.2 billion, following a 0.4 percent
October increase, Petroleum and coal products and chemicals and. allied
products had the largest decreases, food and kindred products had the largest
increase.

Shipments

Shipments of durable goods in November, down three of the. last four
months, decreased $0.5 billion or 0.3 percent to $183.1 billion, revised from
the previously published 0.4 percent decrease. This follows ’a 1.0 percent
October decrease and is the fourth decline this year.

Industrial machinery and equipment, down three of the last four months,
had the largest decrease, $0. billion or 23 percent to $33.9 billion. | This
follows a Fl percent October decrease. instruments and related products,
down three of the last four months, declined $0.5 billion or 3.4 percent to
$13.3 billion, following a 0.5 percent October decrease. Primary metals, down

three of the last four months, decreased $0.2 billion or 1.0 percent to $15.4
billion, following a 0.3 percent October decrease, Fabricated metal products,
down for the second consecutive month, declined $0.1 billion or 0.8 percent
to $19.2 billion. This follows a 0.3 percent October decrease, Transportation
equipment increased $0.5 billion or 1.2 percent to $43.7 billion, as a large
increase in aircraft and parts more than offset a decline in motor vehicles and
parts. This follows a 0.2 percent October decrease and isthe second increase
im the last ree months. Electtonie and other elecrical equipment up three
of the last four months, increased $0.4 billion or 1.3 percent to $306 billion
This follows a 2.5 percent October decrease

Shipments of nondurable goods, down for the first month since August,
decreased $0.4 billion or 0.3 percent to $150.1 billion. This follows a 0.4
percent October increase, Petroleum and coal products and chemicals and
allied products had the largest decreases; food and kindred products had the
largest increase.

Unfilled Orders

Unfilled orders for durable goods in November increased $11,9 billion
or 2.4 percent to $516.0 billion, unrevised from the previously published 2.4
percent increase. This follows 4 0.5 percent October increase and is the sixth
Increase in the last seven months

‘Transportation equipment had the largest increase, $10.9 billion or 43
percent to $261.8 billion, mostly due to aircraft and parts. This follows a 08
ercent October increase and is the third increase in the last four months
rimary metals, up for the eleventh consecutive month, increased $0.7 billion
or 2.0 percent’ to $34.2 billion, following a 0.3 percent October increase,
Instruments and related products. up for the first month since July, increased
$0.3 billion or 0.5 percent to $48.2 billion, ‘This follows a 0.3 percent October
decrease. Fabricated metal products, up for the twenty-third consecutive
month, increased $0.2 billion or 0.7 percent to $27.2 billion. This follows a
L1 percent October increase. Elecironic and other electrical equipment, down
for the second consecutive month, decreased $0.3 billion or 0.5 percent to
$55.4 billion. This follows a 0.2 percent October decrease

Inventories

Inventories of durable goods in November, up fifteen of the last
seventeen months, increased $0.9 billion or 0.3 percent to $284.4 billion. This
follows a 0.6 percent October increase. Instruments and related products, u
five of the last six months, increased $0.2 billion or 0.8 percent to $35
billion, following a slight Cctober increase, Stone, clay,’ and glass producis
increased $0.2 billion or 1.9 percent to $8.8 billion. ‘This follows a 1.3 percent

ber decline and is the third increase in the last four months. Electronic
and other electrical equipment, up for the second consecutive month, incr
80.1 billion of 0.3 percent to $40.2 billion, following a 0.2 percent October
increase. Industrial ‘machinery and equipment, up seven of the last eight
months, increased $0.1 billion ‘or 0.2 percent to $60.6 billion. This follows a
Q7 percent October increase. Transportation equipments, up for the twenty-
third consecutive month, increased $01 billion or 6. percent t0 868 6 billion
This follows a 1.4 percent October increase.

lnyentories of nondurable goods, up fifteen of the last sixteen, months,
increased $0.9 billion or 0.5 percent to $169.5 billion, following a 0.8 percent
Yetober increase. Chemicals and allied products had the largest increase, $0.5
billion or 1.2 percent to $44.4 billion. This is the sixteenth consecutive
monthly increase.

By stage of fabrication, November finished goods decreased slightly in
durables and increased 1.4 percent in nondurables. - Work in process iner
1.0 percent in durables and'I.2 percent in nondurables. Materials and supplies
decreased 0.3 percent in durables and 0.9 percent in nondurables.

(See Back Page for 1998 Release Dates)
Our internet site address is: http://www.census.gov/ftp/pub/indicator/www/m3/index.htm

‘The advance report on durable goods for December is scheduled for January 28, 1998 at 8:30 a.m. and the full report on February 5, 1998 at 10:00 a.m. For sale by the Superintendent
‘of Documents, U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through the Department of Commerce’s online Economic Bulletin


Nondefense Capital Goods 1
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders
2 oe a {52
Shipments
Ca See 447
42F------------ ~ +442
_— —_— — ~
37 F-- - 7 err re ee ee ee ee ee ee ee eee --- eee +37
L L 1 L L 1 L L 1 L 1 L 1
Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1995 - Nov, 1997
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
10 10

New Orders
9

4
Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1995 - Nov. 1997

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
Nov. Oct. Sept. | Oct- | Sept- | Aug- | Nov. Oct. Sept. Nov. | Nov.
1997" | 1997" 1997 | Nov. | Oct. | Sept. | 1997" | 1997" 1997 1996 | 97/96
MATERIALS AND SUPPLIES
All manufacturing industries 148,046 | 148,806 | 148,666] -05 | +0.1 | +09 | 148,204 | 149,648 | 148,698 | 145,173 | +2.1
Durable goods industries... . . 37,039 | 87,261 | 87,175 | -03| +01 | +09 | 87,708 | 88,035 | 87,713 | 84808 | +34
Stone, clay, and glass products’. 96: 7927 | 2918] +12] +03 | +16] 2949 | 2,934 7926 | 2/851 434
Primary metals“... .. 7946 | 8,087 | 8.041 17] 406] +01 | 8107 | 8260] 8095 | 7957] +19
Fabricated metal products "7/1"! | 10,566 | 10,545 | 10,604 | +0 0.6 | +13 | 10494 | 10,460 | 10,564 | 10,196 | +29
Industrial machinery and equipment’ | 18,402 | 18,436 | 18378 | -0. 403 | +14 | 18{623 | 18580 | 18,569 | 18231 | +22
Electronic and other
electrical equipment... 13,730 | 13,636 | 13,675 | +0. 03 | +03 | 13,710 } 13,793 | 13,814 | 13540] +13
Transportation equipment |.. 2...) | 14,560 | 14,846 | 14883 | -1 02 | +12 | 14674 | 1482 | 14868 | 13988 | +49
Instruments and related products .:: | 8612 | 8,548 | 81477 | +0.7] +08 | +10] 8551 | 8543 | 8150: ro88 | +112
Lumber, furniture and
miscellaneous durable goods .. . .. 10,260 | 10,236 | 10,199 | +0. +04} +08 | 10,600 | 10,583 } 10,372 | 10,357 | #23
Nondurable goods industries 61,007 | 61,545 | 61,491 | 09] +01 | +09 | 60,496 | 61,613 | 60,985 | 60,365 | +02
Food and kindred products 10848 } 11186 | 11271 | 3. 08 | 406] 11110} 11608 | 10.924 | 11,773 36
Tobacco products . 5240 | 51294 | 5217] 1 +15 | 406 117 | 5,181 | 5,054 :799 | +66
Textile mill products 3066 | 3.121 | 3170 | Lk. “15 | -01 | 2986 | 3026 | 3,088 | 2,996 03
Paper and allied products 7747 | 7,748 | 7,740 oo} +01) +07) 7748} 7,772 | 7.738 | 71904 2.0
Chemicals and allied prod 14555 | 14,499 | 14'581 | +0: 06 | +15 | 14470 | 14450 | 14,623 | 13,786 | +5.0
Petroleum and coal products 68 3,679 | 3,603 00} 421 | +06] 3,545 70 58 3/543 | 40.1
Rubber and plastics products 6324 | 6318 | 6273 | +01 | +07] +10] 6235 | 6238 | 6237 | 6088 | +24
Apparel, printing and publishis
and leather goods . 9547 | 9,700] 9636] -16| +07] +09} 9285 | 9,630] 9,732 | 9,476 2.0
WORK IN PROCESS
All manufacturing industries 145,545 | 144,027 | 142,353] +141 | +12 |  -03 | 147,082 | 145,487 | 143,457 | 138,464 | +6.2
Durable goods industries ....... 116281 | 115,099 | 113,995 | +140] +10 |  -06 | 117,233 ] 115,573 | 114,551 | 111232 | +54
Stone, clay, and glass products - 282 | 1,28: 1,281 02| +403} +08 | 1184] 1207 | 1241 "166 | #15
Primary metals”... sigoo | 9723] 8759] +09] -04| -08] 8635 | 8622] 8766 | 8580] +06
Fabricated metal products 22.2.2: | 8122 | 8,080 | 8112 | +05] -04 | +03 | 81083 | 8095 | 8212 | 7,561 | +69
Industrial machinery and equipment’ | 23,105 | 22,937 | 22,723 | +07 | +09] -04 | 23,429 | 23,047 | 22,776 | 22.880 | +24
Electronic and other
electrical equipment... ... 15,098 | 14,985 | 15,057] +08] -05 | -0.1 | 15,212 ] 15,038 | 15,075 | 15,303 0.6
Transportation equipment . . - 44728 | 44,156 | 43030 | +13] +426] -08 | 45,570 | 44,617 | 43,329 | 40,709 | +119
Instruments and related products "346 | 9710] 9839} +4] 13] 20] 9914] 9.714 | 9,883 | 10,171 25
Lumber, furniture and
miscellaneous durable goods ... .. 5300 | 5223] 5194] +15] +06] +13] 5,206] 5,233] 5,269} 4,862] +7.1
Nondurable goods industries ....... 20,264 | 28928 | 28358 | +121 +20] +07] 29,849 | 29,914 | 28906 | 27,232 | +96
Food and Kindred products : : 53394 340 | 5.242 | +10] +19] 01 949 | 6,139 | “5.489 | 5;497 | +82
Tobacco products . . . 94 1h 138 | -153 | -196 | -229 155, 157 154 398 | -6L1
Textile mill products 2621 | 2635 | 2,575 | -05| +23] +08} 2615 | 2639 | 2,594] 2,519 | +38
Paper and allied products 2! * 1779 | 1.777 | 17782 | 401} 03] +27] 10] 1720) Lm 1628 | +57
Chemicals and allied products: g274 | gin | Tesi] +19] +57 | 422] 8267] sits] 7.718 | 6596 | +253
Petroleum and coal products 2730 | 2705 | 2683 | +09] +08} 420] 2,720) 2737 | 2718 | 2,720 00
Rubber and plastics products Zo10 | 2189} 2303) +10] -so | +16] 2245 | 2216 | 2292 | 2031 +53
Apparel, printing and publishing
and leather goods .........-.- 6162 | 6080] s9s4}] +19] +16 | -10] 6178 | 6188 | 6170 | 5,743 | +76
FINISHED GOODS
All manufacturing industries... . . 160,330 | 159,306 | 158,133] +06] +0.7 | -0.1 | 159,121 | 158,086 | 156,461 | 151,525 | +5.
Durable goods industries .. | 81,082 | 81,117 | 80,592 oo} +07] -04] 80,200 | 80,065 | 78,848 | 76,572 | +47
Stone, clay, and glass products’ - 4349} aiais | 4545 | 430] 28] -04| 4336) 4177 | 439 4178 | +38
Primary metals 8153 | goes | soi] +11] +07 | -02}) 8009] 7802 | 7.865 | 7816 | +25
Fabricated metal products ” - 10448 | 10-404 | 10,152 | +04] +25] +07 | 10,126] 10059 | 9841 | 9168 | +104
Industrial machinery and equipment foos | igtid | 18983 | 01 | 407] -17 | 19175 | 18919 | 18,249 | 18/653 | +2.8
Electronic and other
electrical equipment . . . 11348 | 14427 | 14232 | 0.7] 47 | -22 | 11274] 11421 | 11,032 | 10,806 | +43
Transportation equipment 9328 | 9501 | 9,648 | -18 | -15 | 429 | 9242 | 91619 667 | 8751 | +56
Instruments and related products - 6,649 | 6642 | 6582} +01] +09 do | 6808 | 6817] 6630 | 6629} +27
Lumber, furniture and
miscellaneous durable goods . . . 11,509 } 11,546 | 11,439 | 03 | +09} -0.2 ) 11,230 | 11,251 | 11,166 | 10,571 462
Nondurable goods industries . . 79248 | 78,189} 77541 | +14] +08] +401 | 78921 | 78,021 | 77,613 | 74,953 | +53
Food and Kindred products 19280 | 18:987 | 181795 | +15] +10} +01 | 20,129 | 19893 | 19,661 | 19,148 | #51
Tobacco products . . 882 762 mi | +157 | +72 | -83 | 1,093 933 704 | 1,147 “4.7
Fextile mil products 4556 | 4,558 | 4,564 oo} -o1 | -o1 | 4441] 4,450) 4428 | 4322 | +28
Paper and allied products. 6624. | 6384] 6576 | +11] -03 | +08] 6518 | 6383 | 6.476 | 6,524 0.1
Chemicals and allied produc 21609 | 21274 | 20944 | +16] +16} +09 | 21,375 | 20.884 | 20,564 | 20,122] +62
Petroleum and coal products 6177 079 | 6164] +16) -14] -09 | 6198 7091 | “6,276 | 5,981 +36
Rubber and plastics products 7966 | 7868 | 7742] +12] +16) -18] 7656} 7542 | 7450 | 7,085 | +81
Apparel, printing and publishing
and leather goods .........-..- 12,154 | 12,107 | 12045 | +404] +405 | +06] 11511 | 11,845 | 12,054 | 10,624 | +83

? Preliminary. ‘ Revised.


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

‘Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Nov. Oct. Sept. Oct] Sept] Aug.- Nov. Oct, Sept. Nov.| Nov.
1997" 1997" 1997] Nov.|  Oct.] Sept. 197° 1997" 1997 1996] 97/96
All manufacturing industries... . . 542,460] 530,498] 527,931] 423] +05] +02] 537,628] 527,504] 522,706] 511,547] +5.1
Manufacturing industries
without defense capital goods . 439,137] 426,130] 421,797 43.1 +10 +0.4| 436,273] 425,338] 418,730] 404,393 +79
Durable goods industries ......... 516,031] 504,167] so1741] 424] +05] 40.1] 512,145] 501,957] 496,461] 486,920] +5.
Stone, clay, and glass products . 6,529 6,588 6,398 0.9 +3.0 0.0 6,214 6,371 6,437 6,273 0.9
Primary metals ......... 34,187] 33,532] 33,422] +20] 403) 435] 32464] 32,129] 32,462] 27,719] +171
Blast furnaces, steel mills . 14,055] 13,576] 13,197] +35] +29] 423] 13,268] 12,840] 12,739] 11451] +15.9
Iron and steel foundries... 5,412 5,182 5,153 +44 +0.6 +2.6 5,212 4,998 5,034 4,079] 427.8
Nonferrous and other primary
metals . . 14,720] 14,774] 15,072 0.4 20] 45.0] 13,984] 14,291] 14,689] 12,189] 414.7
Fabricated metal prod +. | 27171] 26976} 26,672] 40.7] +11] +14] 26,717] 26,839] 26,850] 23,878} +119
Industrial machinery and equipment". 73,668 | 73,676} 73,839 0.0 02] +03) 74,453] 73,682] 72,805] 73,372) +15
Engines and turbines .......... 11,927) 11,847} 11,713 40.7) 0 +11 0.3} 12,574] 12,288] 11,890] 12,776 “1.6
Construction, mining and
material handling equipment .. . 10,233] — 10,002 9,659 423 43.6 +19 9,977 9,787 9,286 8,538] +169
Metalworking machinery 7,461 7,670 7,713 27 -0.6 49 7,461 7,670 7,113 8,567] 12.9
Computer and office equipment . . . 8167] 8,251 8592] -1.0 -4.0 0.1 8518 8,413 8,501] 10,233] -16.8
Electronic and other
electrical equipment 55,393] 55,675] 55,785 0.5 02] +08] 55,507] 57,266] 54,257) 52,997] +4.7
Electrical transmission at
distribution equipment and
industrial apparatus... . . 6150] 6,152] 6,478 0.0 5.0 09] 6,061 6,096| 6,402] 6,425 “57
Electric lighting and
wiring equipment . . 4771 4gil 4619 08] +42 24] 4771 4git 4o19} 4279] +115
Communications equipment 14,727] 14,879] 15,117 -1.0 16] 43.0] 14,735] 14.926] 15,128] 14,330] 42.8
Electronic components . . 23,241} 23,341] 23,151 04] +08 0.0} 23,613) 24,907] 21,720] 22,836) +3.4
Transportation equipment . . 261,849] 250,936] 248971] +43] +08 -0.4| 260,032] 248,996] 247,126] 250,660) +37
Aircraft, missiles,
space vehicles, and parts. 228,261 | 217,961 | 217,133 44.7 +04 -0.8} 226,718} 216,203] 215,287] 219,441 433
Shipbuilding and tanks 17,427 17,398 17,851 +0.2 -2.5 +08 17,415 17,440 17,872 18,168 41
Instruments and related pros 48,191 47,935 | 48,091 40.5 03 1.7) 47,796} 47,570} 47,704} 44,804 46.7
Search and navigation equipment 28,278 | 28,332} 28,610 0.2 -1.0 1.6] 27,845] 27,841 28,287 | 26,732 44.2
Measuring and controlling devices . 9,893] 9,940} 9,650 05) +30 33] 9,893] 9,940] 9,650] 9,269) +6.7
Medical instruments and Supplies : 8,130 8,018 7932| +14 +11 01 8,325 8,168 7,812 7994. 45.5
All other durable goods . . .. : 9,043 8849] 8563] +22] +33] +32] 8962] 9,104] — 8,820 727] +24.2
Nondurable goods industries ....... 26,429] 26,331] 26,190] +04) +05) +07] 25,483] 25,547] 26,245] 24,627] 43.5

* Preliminary. ‘ Revised.

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


Table 2. VALUE OF MANUFACTURERS’ NEW ORDERS FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted"

Monthly Percent Change Monthly Percent Year to date
Industry change
Nov.| Oct. | Sept. | Oct-| Sept-} Aug-] Nov.} Oct.] Sept.] Nov. Nov.
1997} 1997} 1997] Nov.} Oct.| Sept.] 1997°] 1997] 1997] 1996] 97/96} 19977] 1996
All manufacturing industries ... .. 345,100] 336,631] 336,264] +2.5| +0.1]  +0.4] 343,695] 348,981] 353,389] 321,484] — +6.9] 3,641,240 3,457.49
Manufacturing industries
with unfilled orders ........ 200,527} 190,792] 190,490] +5.1] +02) +0.4} 199,646] 196,402] 201,101] 178,479] +11.9] 2,043,721 ]1,917,98"
without defense capital goods 339,152} 331,906] 330,815] +22) +0.3|  +0.3} 337,412) 344,512] 347.984] 312,768] — +7.9]3,582,720|3,389,44.
Durable goods industries. . 194,936] 186,028] 186,210] +4.8| -0.1} 0.0} 192,930] 193,793] 196,409] 172,506] — +11.8} 1,999,890 1,868,13¢
With unfilled orders... . . 162,750] 152,792} 152,870] +6.5| -0.1] — -0.1] 160,940] 157,573] 161,742] 140,848] +14.3] 1,637,598 ]1,521,36¢
Stone, clay, and glass Products . 7,556] 7,852} 7,720] -3.8] +1.7) +45] 7,388] 8,327] 8,275] 6,972] +6.0] 84,203] 76,85¢
Primary metals -. 16,020] 15,633] 16,709] +2.5| -6.4] +5.0] 15,408} 15,555] 16,536} 13,918] +10.7] 174,130] 160,54"
Blast furnaces, steel mills 6,628] 6,563] 6,489] +1.0] +11) +4.31 6,380] 6,482) 6,144) 5,502] +16.0] 70,498} 66,61:
Iron and stec! foundries 1,737] 1,590] 1,643) +9.2) -3.2} +75 1,688] 1,650] 1,664] 1,400] +206] 17.415] 16,01:
Nonferrous and other Primary
metals 7,655] 7,480) 8,577) +2.3| -12.8) +5.0, 7,340] 7,423) 8,728] 7,016] -+4.6] 86,217] 77,92
Fabricated metal products ++| 19,433] 19,691] 19,817] -1.3]  -0.6f  +3.3) 18,938] 20,545] 20,741] 18,178]  +4.2] 212,206] 200,41
Industrial machinery and equipment .| 33,940] 34,592] 35,361] -1.9] -2.21 +1.9] 33,009) 34,647] 38,933] 31,010]  +6.4] 370,126] 345,68:
Engines and turbines .......... 2,036} 2,140) 1,874] -4.9] +14.2) -10.6] 2,177] 2,259] 2,520] 2,112] 43.1] 19,995] 20,01
Construction, mining and
material han 0 4,195} 4,298] 4,111] 2.4] +45) +15] 3,948] 4,449] 4,077] 3,396] +163] 43,226] 38,19
Metalworking machinery ++] 3,175] 3,390] 3,267] 6.3) -+3.8) 12.0) 3,432] 3,623] 3,733] 3,273] +4.9] 36,717} 33,84
Computer and office equipment ...} 8,843] 8,881) 9,469 -0.4! 6.2) +3.4] 8,523] 8,034] 11,990] 8,176] +4.2] 95,487] 90,07
Electronic and other
electrical equipment ........... 30,355) 30,132] 31,461) +0.7|  -4.2]-7.8) 30,231] 33,367] 32,854] 28,242] +7.0| 328,562] 295,93:
Electrical transmission and
distribution equipment and
industrial apparatus... .. . . 3,351] 3,108] 3,452) +7.8] -10.0] +8.0] 3,205] 3,041] 3,820] 3,388] -5.4] 36,142] 35,13)
Electric lighting and
wiring equipment ............ 2,130] 2,370] 2,114] -10.1] +12.) -5.7] 2,243] 2,344) 2,334] 2,112] 46.2] 23,700] 22,30
Communications equipment. . 6890] 6,542] 7,170] +53] 8.8! +44) 7,173] 6.198] 8,041] 6.290} +14.0] 70,936] 60,301
Electronic components. 12,265] 12,385] 12,774] -1.0} -3.0) -21.3] 11,380] 15,248] 12,136] 10,494] +8.4) 135,292] 118,79
Transportation equipment . 54,603] 45,142] 42,324] 421.0] +67] -1.7] 55,188] 47,296] 43,599] 43,550] +26.7) 470,777] 459,298
Aircraft, missiles,
space vehicles, and parts. 21,532| 10,713} 8,804]+101.0] +21.7} -19.8] 21,649] 10,068] 9,028] 11,578} +87.0] 114,360] 118,37
Shipbuilding and tanks .. . 940 466) 990] +101.7|  -52.9} +98.0] 851 403) 1,026} 1,216] -30.0 1; 9,48¢
Instruments and related products 13,518] 13,573] 12,980] -0.4| +4.6] +2.3] 13,508] 13,284] 14,023] 12,653] +68] 145,244] 131,16¢
Search and navigation equipment 2,537] 2,690] 2,375] -5.7} +13.3] +33) 2,632] 2,385] 2,665] 2,640] -0.3) 29,337] 24,468
Measuring and controlling devices .| 3,972 4,336] 3,783] -8.4] +14.6|  -4.4) 3,912] 4,231] 4,128] 3,685] +6.2| 42,847] 39,26¢
Medical instruments and supplies 4,385] 4,428] 4,389] 1.0] +0.9] +3.8) 4,353] 4,535] 4,635] 4,012] +8.5] 46,268] _42,96¢
All other durable goods ....... : 19,511] 19,413] 19,838] +05] -2.1]  +3.6f 19,260} 20,772] 21,448] 17,983]  +7.1] 214,642] 198,24¢
Nondurable goods industries ..... . 150,164} 150,603] 150,054] -0.3] +04] +0.8] 150,765] 155,188] 156,980] 148,978] +1.2} 1,641,350 /1,589,35¢
With unfilled orders ...........] 37,777] 38,000] 37,620] -0.6] +1.0] +2.8} 38,706] 38,829] 39,359] 37.631] +2.9] 406,123] "396,621

* 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
increase from the prior month to the current month,

Note : Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. F
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-
“Manufacturers” Shipments, Inventories, and Orders: 1982-1995.”


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

Seasonally adjusted ‘Not seasonally adjusted"
i
Monthly Percent Change Month Percent | Year to date
ig ly
Industry change

Nov.| Oct.| Sept. | Oct-| Sept-] Aug-| Nov.| Oct] Sept.| Nov.] Nov.
1997°| 1997"| 1997] Nov.] Oct.] Sept.} 19977] 1997] 1997] 1996] 97/96] 19977} 1996

All manufacturing industries ..... 333,138] 334,064] 335,366] -0.3] -0.4] +1.6] 333,571] 344,183] 357,830] 320,385] +4.1 13,615,831 3,422,981

Manufacturing Industries
with unfilled orders .......
without defense capital goods

188,565] 188,225] 189,592] +0.2
326,145] 327,573] 329,203 04

183,072) 183,602} 185,496) — -0.3
150,886) 150,366} 152,156]  +0.3)
7,615} 7,662) 7,718) 0.6
15,365} 15,523] 15,567) -1.0)
6,149) 6,184] 6,197) 0.6]
1,507) 1,561 1,511) -3.5]

metals 7,109] 7,778) 7,859] 0.9} -1.0] +1.3] 7,647] 7,821] 8,067) 7,269] +5.2| 84,844] 77,882
Fabricated metal products - | 19,238] 19,387] 19,447) -0.8]  -0.3] +1.8] 19,060] 20,556] 20,555] 18,290] +4.2] 209,719] 198,725
Industrial machinery and equipment - | 33,948] 34,755] 35,126] -2.3)  -1.1] +3.2) 32,238) 33,770) 38,923) 30,464] +5.8] 367,837] 343,024

Engines and turbines. 1,956] 2,006] 1,910] -2.5) +5.0)  -1.3) 1,891] 1,861] 2,204] 1,758) +7.6} 20,122] 19,529
Farm and garden machinery | 1,642] 2,008] 2,172) -18.2]  -7.6] +4.1] 1,340] 1,928] 2,035] 1,607] -16.6} 22,450) 20,989
Construction, mining and

material handling equipment . 3,964] 3,955] 3,929] +0.2] +0.7} +1.6] 3,758] 3,948} 3,935] 3,391] +108] 41,878] 38,020
Metalworking machinery . . 3,384] 3,433) 3,667] -1.4] 6.4) 43.9] 3,641] 3,666] 4,133) 3,555] +24] 37,466] 33,440
Computer and office equipment ...] 8,927] 9,222] 9,475] -3.2]-2.7] +16 8,418] 8,122] 12,217] 8,107] +3.8] 96,750] 89,284

Electronic and other

electrical equipment |

+2.6| 189,522] 191,604] 205,542) 177,380) +6,8] 2,018,312 ]1,883,474
+1.6] 326,477] 337,904] 351,266] 313,891 +4.0| 3,546,988 |3,357,781

+2.4) 182,742] 188,297] 200,278) 172,028 +6.21 1,975,319 1,835,231
42.8] 150,752] 152,077} 165,611] 140,370] +74} 1,613,027 1,488,459
+17) 7,545) 8,393] 8,348 7,081 +6.6 84,566] 77,386
+11) 15,073] 15,888] 15,996] 14,495} +4.0] 170,104) 160,020
+0.6] 5,952) 6,381 6,336) 5,847 +18 68,765] 66,669
+26) 1,474 1,686 1,593 1,379} +69 16,495] 15,469

Durable goods industries... .
With unfilled orders

Stone, clay, and glass products .

Primary metals
Blast furnaces, steel mills . .
Tron and steel foundries
Nonferrous and other primary

30,637} 30,242] 31,007) +1.3) -2.5|  +2.6) 31,990] 30,358] 34,815} 29,403] +8.8] 320,917] 292,409

distribution equipment and
industrial apparatus . . .
Household appliances .
lighting and
wiring equipment ...........- 2,170) 2,178) 2,230) -0.4 2.3) +4.5) 2,283] 2,152] 2,450) 2,174) +5.0} 23,343} 21,910
Household audio and
video equipment
Communications equip!
Electronic components .
Transportation equipment .. . .
Motor vehicles and parts . .
Aircraft, missiles,

3,353) 3,434) 3,511 2.4) 2.2) 47.7) 3,240) 3,347] 3,971 3,299) 18 36,383] 34,791
2,137 2,166] 2,136) 1.3) +14) +7.2) 2,092) 2,206] 2,311 1,920} +9.0} 22,629] 21,555

1,336 1,284 1,300} +4.0) 12) +12 1,719) 1,727 1,642| 1,551} +108 14,484] 13,673
7,042) 6,780) 6,736) +3.9] +0.7}  -3.6] 7,364) + 6,400] 7,562} 96,373) +155} 68,601] 59,473
12,365] 12,195] 12,764) +14) 45] 42.9) 12,674} 12,061] 14,269} 11,596] +93} 131,440] 117,286
43,690) 43,177) 43,266] +1.2] 0.2) +12) 44,152] 45,426] 45,197} 40,958) +78] 466,480} 433,173
29,553] 30,603} 29,875) -3.4] +2.4] -0.3) 30,153] 33,562) 30,869] 29,064 +3.7) 325,904] 311,275

space vehicles, and parts. 11,232] 43.3 11,134) 9,152] 11,223] 9,227] +20.7) 110,551] 91,498
Shipbuilding and tanks . . . ‘on -13] '876] —'835{— 877] 850) #3.) 9,625] 9,751
Instruments and related products . 13,262| +55) 13,282] 13,418] 14,984] 12,668 +4.8] 143,260] 132,921
Search and navigation equipment | 2/591 4771 2,628] 2,831] 3,106] 2,624) + +0.2) 29,109] 26,513
Measuring and controling devices | 4,019 428) 3,959] 3,941! 4.454) 3,722] +64) 42,701] 39,721
Medical instruments and supplies | 4,273 47.1 4,196] 4.179} 4.787] 3,964] +5.9) 45,369] 42,384
Photographic goods . . ..| 1929 +45) 2,054! 2,011] 2,155] 1,943] +57) 21,120] 20,204

All other durable goods . 19,317] 19,127) 19,570}
150,066] 150,462] 149,870} -0.3) +0.4) +0.6] 150,829] 155,886] 157,552] 148,357] +1,7} 1,640,512 [1,587,750
37,679] 37,859] 37,436} -0.5] +11] +1.7| 38,770] 39,527} 39,931] 37,010} +48] 405,285} 395,015
40,615) 40,219} 39,756) +1.0) +1.2) -1.3] 41,665] 41,955} 41,897) 41,144 +13) 441,681} 432,513
8,760) 8,661 8,620) +1.1) 40.5) 4.2) 8,944 8,959) 8,971 9,107 18 97,483] 96,690
5,065] 5,051 4,978) +0.3] +15] -L 5,333} 5,028} 5,119) 5,332) 0.0 55,269] 54,282
6,152 6,218} 6,019) -1.1]  +3.3) 42.2) 5,900} 6,147) 6,179) 5,722! 43.1 65,472| 63,373
18,476} 18,177] 18,101] +1.6] +0.4)  -1.6] 19,326] 19,709] 19,590) 18,844) +2.6| 201,103} 196,652
3,499} 3,398) 3,375} +3.0} +0.7] +5.0) 3,635 3,431 3,336} 2,958] +22.9] 35,564) 31,494
6,921 6,855} 6,897; +1.0 0.6] +11 6,978] 7,160 7,662} 6,666] +47 75,791) 72,367

+3.3) 19,402] 20,488} 21,460) 18,669) 43.9] 212,436] 197,573

Nondurable goods industries . .

With unfilled orders . .
Food and kindred products

Meat products. .

Dairy products -

Beverages .

All other foods, except
Tobacco products.
Textile mill products.

Broadwoven fabrics and

other textiles ....... 4,207] 4,278 4,200} -1.7]) +19) +18) 4,102} 4,348 4,636) 3,996] +27 46,317] 44,824
Paper and allied products - 13/905] 14,008] 13,824] -0.7) +13] +22) 13,750] 14,353) 14,309} 13,141] +4.6] 149,070] 149,146
Pulp, paper, and
paperboard mill products ...... 5,541 $,572| 5,499) ~0.6) +13) +19 5,491 5,672! 5,662 5,181 +6.0 58,944} 60,237
Paperboard containers and boxes ..} 3,498] 3,418] 3,338] +23] +24) +35) 3,442] 3,547] 3,423| 3,211] +72) 36,407) 36,557
Miscellancous converted
paper products 4,866) 5,018] 4,987) 3.0) +0.6]  +1.7| 4,817 5,134) 5,224 4,749) +14 53,719 52,352
Chemicals and allied products 32,459} 32,836] 32,872 ll -O.1] +1.3) 31,023} 32,498] 33,884] 30,699) +11] 359,584] 342,019
Industrial chemicals 15,948] 16,046] 16,152, -0.6] 0.7} +1.3) 15,326] 15,815] 16,412} 14,872) 43.1] 176,535] 167,778
Drugs, soaps, and toiletries . 12,503] 12,619] 12,673: 0.9} 0.4) +09) 12,428) 13,108] 13,965] 12,662! -1.8} 138,177] 131,342

Petroleum and coal products . .
Rubber and plastics products.
All other nondurable goods . .

14,951] 15,337} 15,501] -2.5]-1.1) -2.0) 14,987) 15,934] 15,919) 16,251] -7.8] 169,322] 164,305
12,641] 12,758] 12,620] -0.9| +1.1] +23) 12,159] 13.247) 13,142) 11,627] +46] 138,244] 133,271
25,075| 25,051] 25,025] +0.1] +0.1]  +1.8) 26,632] 27,308] 27,403) 25,871] +2.9] 271,256] 262,635

T Preliminary. * Revised.
' Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.