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.
1998" 1998" 1998] Nov] Oct. | Sept. 1998" 1998" 1998 1997] 98/97
All manufacturing industries ..... | 471,720] 471,031| 468,552] +0.1] +0. 0.0} 471,839] 471,645] 467,407] 458,113] —+3.0
Manufacturing industries
with unfilled orders. . oe 316,010] 316,459] 315,009 01} +05 0.0] 315,486] 316,425] 314,283] 304,604] 43.6
without defense capital goods 452,530] 451,954] 449,779} +01] 40.5] 40.1] 452,772] 452,403] 448,400] 441,532] +25
Durable goods industries 298,463 | 298,561] 296,757 0.0 +0.6 -0.1] 298,757] 298,510} 295,733] 288,424 +3.6
With unfilled orders 274,367 | 274,859 | | 273,277 02] +06] 0.1] 274,436] 275,050] 272,462] 264,934] — +3.6
Stone, clay, and glass products... . 9308) 9,235] 9,237] +08 00] +08) 8,985 8894] 9,049] 8,710] +32
Primary metals -....... +. | 24,849] 24,825] 24,898] +01 03] +02] 24,750] 24,694] 24,912] 24371] +16
Blast furnaces, steel mills . 12,199] 12312] 12,398 09] 0.7 03} 12,285} 12,350] 12,464] 11,831] 43.8
Iron and steel foundries. . tee 1,582 1,576 1,570 +04 40.4 08 1,541 1,539 1,540 1,520 +14
Nonferrous and other Primary
metals ...... : vs++] 11,068] 10,937} 10,930] +12] 0.1] +0.8] 10,924] 10,805] 10,908] 11,020 -09
Fabricated metal products .-...... | 31209] 31,093] 31,030} +04] 401) 403] 30818] 30767! 30831 | 29163 | +5.7
Industrial machinery and equipment . | 60,968] 60,811] 60,938] +0.3 0.2 0.0] 61,473} 60,710} 60,425] 60,754] 41.2
Engines and turbines .......... 4,048] 3,959] 4.022] +2.2 -16 2.7] 4,261 4,067 4,055 4,356 22
Farm and garden machinery .. . 3,898 3,847 3,786 +13 +16 +14 3,948 3,620 3,546 3,488] +13.2
Construction, mining and
material handling equipment ... 9,016 8,901 8,807 +11 +0.6 8,990 8,832 8,694 7,998] +124
Metalworking machinery 7,780| 7,829] 7,953 -16] +04] 7,694) 7,920 8115 7249| +61
Computer and office equipment . 9,031 9,148] 9,316 “18 -16} 9,336} = 9,230) 9,073] 11,251] -17.0
Electronic and other
electrical equipment .......... 40,380] 40,589] 40,172 -0.5 +1.0 -0.9] 40,292] 40,656] 39,852] 40,240 40.1

Electrical transmission and
distribution equipment and
industrial apparatus . .
Household appliances .
Electric lighting and
wiring equipment ........ . 3,523] 3,538] 3,501] 04] +11] +04) 3,527] 3,570] 3,454] 3,391] +40
Household audio and

5,357 5,331 5,261 +0.5 +13 03 5,424 5,353 5,208 5,683 46
2,442 2,440 2,401 +0.1 +16 +10 2,369 2,375 2,285 2,306 427

video equipment .... . on 1,088 1,077 1055] +10] +21] +40 1,047 1,085 Lu. 983] +65
Communications equipment... . 10,197] 10,388} 10,362 18] +03 0.2] 10,270] 10,469} 10,309] 10,730 43
Electronic components ......... | 14,114] 14,169] 13,986 04] 413 29] 14,096] 14,177] 13,871] 13,722] -+2.7
Transportation equipment ...... . 76,555 | 76,999] 75,702 06) +17 -0.1] 77,299] 77,643] 75,935] 71,881} +75
Motor vehicles and parts ... . . 17,200] 16,755] 16,701] +2.7] +03) 41.2] 17,301] 16,765] 16,889) 16,191] +69
Aircraft, missiles,
space vehicles, and parts. 53,699] 54,591] $3,441 16) 422 02} $4,356] 55,267} 53,512] 50,492] -+7.7
Shipbuilding and tanks ...... 1,759 1811 1,845 29] -18] +01 1,757 1,786 1,843 1594] +10.2
Instruments and related products . 26,798] 26,667} 26,577] +05] +03 03} 26,859] 26,759] 26,545] 26,273] +2.2
Search and navigation equipment. 6764] 6772] 6,705 0.1] +10 02} 6,675 6,708] 6,674] 6364] -+4.9
Measuring and controlling devices . 7,993 8,007} 8,019] -02 0.1 -09| 8,000] — 7,982 7,975 8,092 “11
Medical instruments and supplies . 8,639) 8,502] 8524] +16 03} +02] 8,751 8,585 8,470 8591] +19
Photographic goods ... . . : 2,660] 2,654] 2625) +02] +11 02] 2,686] 2,751 2,734 2,559] +5.0
All other durable goods 28,396] 28,342] 28,183] +02] +06] +0.7/ 28,281] 28,387} 28,184] 27,032] +46
Nondurable goods industries ....... | 173,257] 172,470] 171,795] +0.5| +04] +02] 173,082] 173,135] 171,674] 169,689] +2.0
With unfilled orders ........... | 41,643] 41,600] 41,732] 40.1 03] +05] 41,050] 41,375] 41,821] 39,730) 43.3
Food and kindred products ... . . 37,384} 37,459] 37,112 -0.2 +09 0.0] 38,933) 39,453] 37,919] 38,562 +10
Meat products ............. 4017] 4,042] 4,031 06] +03 02] 3,978] 4,038 3976] 3,929] +1.2
Dairy products ....... . 3,818 3,797 3,774 +0.6 +0.6 0.0 3,698 3,803 3,745 3,381 +9.4
Beverages ............ 8,336] 8,206] 8,140] +16] 40.8 0.5 8522] 8,450] 8,293 8,134] 44.8
All other foods, except fats and oils 19,293 19,371 19,257 0.4 +0.6 -0.2} 20,700] 21,052} 20,160] 21,024 “15
Tobacco products ........ see 5,945 6,020] 5,783 12] +41] +40] 6,139] 6154] 5,577] 6,018] +2.0
Textile mill products ............ | 10,204] 10,286] 10,307 0.8 02] +06] 9,969] 10,095] 10,116] 9,927] +04
Broadwoven fabrics and
other textiles. ........ see 6,365 6410] 6,410 -0.7 0.0] +06] 6,283 6,307 6,261 6,205] +13
Paper and allied products ......... 16,481 16,511 16,527 0.2 0.1 0.7 16,249 16,260 16,344 15,845 42.5
Pulp, paper, and
paperboard mill products ...... 6,746 6,766 6,733 -03 40.5 +03 6,686 6,667 6,666 6,455 43.6
Paperboard containers and boxes . . 4188] 4,210] 4,235 0.5 06]  -25] 4077) 4108] 4198] 3,890] 44.8
Miscellaneous converted
paper products . . 5,547] 5,535 5,559] +02 04] 04) 5,486] 5,485 5,480] 5,500 03
Chemicals and allied products | : 46,872| 46,356] 46,313 +11 +0.1 -0.5| 46,486] 45,792] 45,777] 43,922 45.8
Industrial chemicals .......... 19,896] 19,910] 20,211 -0.1 “15 -0.6] 19,647] 19,632] 20,148] 20,114 23
Drugs, soaps, and toiletries . - | 21217] 20,656] 20,381] 42.7] +13 -0.6] 21,203] 20,566] 20,203] 18,614] +13.9
Petroleum and coal products . : 10,967] 10,832] 10,770] +12} +06] +01] 11,077) 10939] 10,867] 12,585} -12.0
Rubber and plastics products. - | 16855] 16,678] 16,607] +1.1] = +04 -0.6] 16,543] 16.278] 16.270] 16,161] +24
All other nondurable goods ....... | 28,549] 28,328] 28,376] +0.8 0.2) +14] 27,686] 28,164] 28,804] 26,669) +3.8

* 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-------- cr rrr Shipments |—1 360

340 340

320 320
300 F}- ----------- ee cr rrr rrr rd 300
280 1 1 i 1 1. it 1 1 1 i 1 1 L 280
Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1996- Nov. 1998
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments
V/S Ratios UO/S Ratios
2.5 3.9
24P-------- er rr rrr rr vos [|-{ 3.8
2.3 3.7

2.2 3.6
3.5
3.4
3.3
3.2
3.1
3

2.9
2.8
2.7
2.6

Nn

bob OVNooOnN-:

Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1996 - Nov. 1998

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.
1998” 198" 1998 | Nov. Oct. | Sept. 1998" 1998" 1998 1997 | 98/97
UNFILLED ORDERS
All manufacturing industries 520,030 | 524,796 | 530,266 09] -10 0.0 | 515,723 | 522,765 } $25,390 | 533,329 33
Market categories :
Automotive equipment 2,401 2,382 | 2380] +08 +29] 2,340] 2358] 2,364] 2,456 47
Home goods and apparel 8912 | 8646 | 8356 | 43.1 +17 4} 8,583 8,643 8,513 8,966 43
Consumer staples... .. . 2309 | 2146 | 2271 | +76 04 | 2,266 | 2100) 2.458 | 2,044 | +109
Machinery and equipment . . 244,181 | 246,919 | 250,233 “11 +0.5 | 244,084 | 246,688 | 249,387 | 245.781 -0.7
Business supplies . . . 6,901 6,733 | 6,886 | +25 +03 6,723 6,584 | 6,994 6,650 +11
Construction materials
and supplies ....... 17,511 | 17,618 | 17,682 04 -1.7 | 17,163 | 17,408 | 17,661 | 17,480 -18
Defense products 90,449 | 91,620 | 92,227 07 | +06 | 88,505 | 89,571 | 90,636 | 94,975 68
Other materials, supplies and
and intermediate products . . . 147,366 | 148,732 | 150,231 -0.9 -1.0 -1.2 | 146,059 | 149,413 | 147,377 | 154,977 5.8
Durable goods industries
Nondefense capital goods * 259,609 | 262,972 | 266,704 “14 0.0 | 260,029 } 262,941 | 265,900 | 264,284 -16
Excluding aircraft and parts. 105,373 | 106,066 | 108,021 -18 | +425 | 105,793 | 106,035 | 107,217 | 104,010 +17
Defense capital goods * ++ | 95,306 | 96,337 | 97,052 0.7 | +05 | 93,167 | 94,174 | 95,442 | 99,519 6.4
Durables excluding capital goods 140,954 | 141,450 | 142,298 -0.6 -0.4 | 139,104 | 142,405 | 139,770 | 144,074 34
Miscellaneous series
Producers’ durable equipment 284,182 | 286,440 | 289,727 08] -1.1 | +09 | 283,864 | 286,521 | 288,929 | 285,969 -0.7
Household durable goods . . 5,465 5,430 5,287 +0.6 42.7 +10 5,410 5,628 5,442 6,199 212.7
Information technology industries 39,400 | 39,837 | 40,060 “ll -0.6 | +06 | 39,621 | 39,967 | 40,054 | 38,783 422
Health care equipment
and products .............. 9,768 | 9,881 9,838 ll] +04] +21 9,892 | 10,089 | 9,697 8481 | +166
TOTAL INVENTORIES
All manufacturing industries 471,720 | 471,031 | 468,552 +0.1 40.5 0.0 | 471,839 | 471,645 | 467,407 ] 458,113 +3.0
Market categories :
Automotive equipment . . . 8,577 | 8,364 8,287 42.5] +09 -0.5 8,568 8,319 8,332 8,063 +63
Home goods and apparel 32,584 | 32,345 | 32,107 40.7 40.7 +12 | 31,330 | 31,774 | 32,046 | 29,550 +6.0
Consumer staples. 74,002 | 73,416 | 72,651 +08] +Ll | +01 | 75,522 | 75,293 | 73,120 | 73,342 +3.0
Machinery and eauipment 120,779 | 121,725 | 120,647 08 | +09 -0.2 | 122,022 | 122,161 | 119,884 | 119,567 42.1
Business supplies .... . . 28,404 | 28315 | 28474] +03] -06 | +12] 28,293 | 28,445 | 28,721 | 27,444 43.1
Construction materials
and supplies... ........... 29,038 | 28,973 | 28,820} +02] +05 | +02 | 28,666 | 28,663 | 28,578 | 27,954 425
Defense products . 18,803 | 18,764 | 18499] +02] +14 -13 | 18,664 | 18,898 | 18,677 | 16,452 | +134
Other materials, supplies and
and intermediate products ...... 159,533 159,129 159,067 +03 0.0 0.1 158,774 158,092 158,049 155,741 +19
Durable goods industries :
Nondefense capital goods * 112,655 | 113,708 | 112,839 0.9 | +08 0.1 | 113,901 | 114,349 | 112,209 | 112,712 +11
Excluding aircraft and parts. 71,823 | 71,729 | 71,709 40.1 0.0 -0.3 | 72,325 | 71,880 } 71,233 | 72,704 -0.5
Defense capital goods * ....... 19,190 | 19,077 | 18,773 | +06] +16 | -12 | 19,067 | 19,242 | 19,007 | 16581 | +15.
Durables excluding capital goods 166,618 | 165,776 | 165,145 | +05] +04 | +0.1 | 165,789 | 164,919 | 164,517 | 159,131 +42
Miscellaneous series :
Producers’ durable equipment 193,767 | 194,481 | 193,253 -04 | +06 0.0 | 194,506 | 194,599 | 192,300 | 189,148 +28
Household durable goods ...... 16,677 16,556 16,393 40.7 +10 +14 16,287 16,429 16,350 14,996 +8.6
Information technology industries 32,408 | 32,672 | 32,769 -0.8 03 -0.7 | 32,728 | 32,841 | 32,468 | 34,809 -6.0
Health care equipment
and products... . 20,128 | 19,692 | 19,564] +22] +07 02 ] 20,231 | 19,723 | 19,413 | 18,689 483

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.
1998” 1998" 1998 | Nov. Oct. Sept. 1998F 1998° 1998 1997 | 98/97 1998 1997

SHIPMENTS
All manufacturing industries... . . | 341,370] 340,133] 340,481] +04] -0.1] +1.2) 341,714} 350,525] 364,324] 331,406] — +3.1]3,710,500 [3,597,036
Market categories :
Automotive equipment .........] 15,213) 15,238] 15,157] -0.2| +0.) +2.6 15,775] 17,281] 16,275] 14,690] +74] 161,153] 156,259
Home goods and apparel .......] 18,590) 18,496] 18,656] +0.5] -0.9] -1.4) 19,395] 20,595} 21,064] 19,774) -1.9] 209,646) 203,978
Consumer staples ....... --| 69,343] 68,901] 69,893] +0.6] -1.4] +0.8) 70,224) 71,153] 73,983] 69,340] +13] 759,951] 740,861
Machinery and equipment ..... . . 67,027] 66,717] 66,513] +05] +0.3]  +4.2] 66,044] 66,124] 73,262] $8,716] +12.5] 702,068] 642,869
Business supplies ........ -| 25,382) 25,444] 25,416] -0.2] +0.1] -0.1] 25,920] 26,308] 26,584} 25,892] +0.1] 280,489] 276,967
Construction materials
and supplies ...............] 21,838] 21,719] 21,705] +05] +0.1]  +0.2) 21,444] 22,944] 23,183] 20,588] +4.2) 239,551] 233,224
Defense products 7,200] 7,269 6,874] -0.9]  +5.7] -1.4] 7,320] 7,184) 7,368] 7,268] +0.7) 75,482] 72,135
Other materials, supplies and
and intermediate products . 116,777] 116,349} 116,267] +04] +0.1]  +0.7] 115,592] 118,936] 122,605] 115,138] +0.4] 1,282,160 }1,270,743
Durable goods industries :
Nondefense capital goods * 54,336] 53,870] 53,419] +0.9]  +0.8)  +4.31 52,967] 51,412} 59,943] 46,160] | +14.7) 561,188} 505,817
Excluding aircraft and parts 44,873) 44,985] 45,021] 0.21 -0.1]_ +3.0] 43,261] 43,008] 50,929} 39,515] +9.5} 476,185] 434,363
Defense capital goods * on 6,904] 7,068] 6,606} -2.3} +7.0) -1.2) 7,104) 7,003] 7,093] 6,981 +1.8] 72,038] 68,094
Durables excluding capital goods. | 133,683| 132/880] 132,817] +0.6| 0.0 +1.3| 134°923] 140,710] 142,000] 128,752] +4.8} 1,444,803 [1,397,641

Miscellaneous series :
Producers’ durable equipment .... | 127,261] 126,474] 126,031] +0.6] +0.4)  +3.2) 127,347] 129,912] 137,399] 116,297] — +9.5] 1,345,516 ]1,260,424
Household durable goods .. . . 9,343] 9,244) 9.231] +11] +0.1]  -0.2] 9,881] 10,080] 10,549] 9,726] +16] 102,816] 96,978
Information technology industries 25,790] 25,285] 25,415] +2.0] -0.5| +3.2| 25,067] 23,285] 30,210] 21,977) +14.1] 265,615] 240,652
Health care equipment
and products wees --{ 12,373] 11,879} 12,382) +4.2) -4.1] +411 12,243] 11,836] 13,782] 11,088] +10.4) 130,436] 120,084

NEW ORDERS,

All manufacturing industries... . . | 336,604] 334,663] 340,388] +0.6] -1.7]_ +0.8} 334,672) 347,900] 359,884] 340,579] -1.7]3,694,665 |3,621,413
Market categories :
Automotive equipment ....... 15,231] 15,241] 15,223] -0.1] 40.1] +3.3] 15,757] 17,276] 16,288] 14,592] +8.0) 161,007] 156,393
Home goods and apparel. - | 18,857] 18,786] 18,792} +04] 0.0] -1.8] 19,335] 20,725] 21,051] 19,815] — -2.4] 209,672) 205,796
Consumer staples ............ 69,506] 68,776] 69,884} +1.1] -1.6| +0.8] 70,390] 70,795] 73,786] 69,167) +1.8] | 760,168} 740,820
Machinery and equipment .......] 64,289] 63,403] 67,815] +14] -6.5]  +0.8) 63,441] 63,425] 73,983] 70,353] -9.8] 703,411] 663,521
Business supplies... . . vesees] 25,550] 25,291] 25,434] +10] -0.6]  +0.2} 26,059] 25,897] 26,378] 25,797] +1.0] 280,779) 277,131
Construction materials
and supplies ........... -| 21,731] 21,655} 21,391] +04] +12] -0.6 21,200] 22,690] 22,793] 20,451] +3.7] 239,088] 234,296
Defense products... . -.+.| 6,030] 6,662] 7,467] -9.5] -10.8] +39.8] 6,254] 6,119] 7,945} 6,439] 2.9] 66,442] 62,109
Other materials, supplies and
and intermediate products ...... | 115,410} 114,849] 114,382] +0.5]  +0.4] — -0.6] 112,236] 120,973] 117,660] 113,965] -1.5] 1,274,098 ]1,281,347
Durable goods industries :
Nondefense capital goods *......] 50,973] 50,138] 53,540] +1.7|  -6.4| —-3.3) $0,055] 48,453] 60,062} 57,652] -13.2] 560,001] 522,930
Excluding aircraft and parts 44,180] 43,030] 47,663] +2.7]  -9.7| +64) 43,019] 41,826] 53,569) 40,397] +65] 478,806] 442,153
Defense capital goods * -| 5,873] 6,353} 7,042) -7.6] -9.8| 42.8) 6,097] 5,735| 7,529] 6,124] -0.4) 62,989] 57,909
Durables excluding capital goods | 133,187} 132032] 132201] +09} -0.1] +1-7} 131,622] 143/345] 137,706] 127,439] +3.3] 1,441,005 |1.414.265
Miscellaneous series :
Producers’ durable equipment ... . | 125,003] 123,187| 128,493) +1.5] -4.1 +3.1) 124,690] 127,504] 139,041] 127,855] -2.5} 1,346,266 ]1,285,998
Household durable goods . a 9,380] 9,387} 9,285} -O.1] +11] -1.1] 9,663] 10,266) 10,576) 9,763 =1.0] 102,443] 98,723

Information technology industries 25,353] 25,062} 25,660] +1.2]  -2.3) +5.4] 24,721) 23,198] 30,287) 21,948) +126] 267,266] 243,226
Health care equipment
and products . . + 12,260} 11,922] 12,581] +2.8) 5.2) +58) 12,046} 12,228) 13,797] 11,246) +7.1) 131,864] 121,010

” Preliminary. ‘ Revised.
' Topical series are regroupings of the separate industry categories.
2 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations
‘ Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and material
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and service

industry 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.

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.
1998" 1998" 1998 1998 1998" 1998" 1998 1998
All manufacturing industries... . 138 138 138 139 2.62 2.66 2.70 2.74
Durable goods industries ....... . 153 154 1.54 1.57 3.06 3.12 3.17 3.24
Stone, clay, and glass products... | 1B 13 vid 114 0.79 081 0.83 0.84
Primary metals... 2... . 74 170 1.67 1.65 2.07 2.01 2.05 2.10
Fabricated metal products 2... . 1'53 1134 1.53 Vs4 136 137 138 1:40
Industrial machinery and equipment . 1.66 164 166 1.66 2.08 210 217 2a
Electronic and other
electrical equipment... . . 123 1.26 124 130 1.85 1.87 1.83 1.88
Transportation equipment... . 158 1.60 1.62 71 880 9.09 9.68 1035
Instruments and related products - 134 1.90 1:86 194 3.26 3.42 339 351
Nondurable goods industries . . 118 118 1.16 1.16 0.66 0.65 0.6 0.65
Food and kindred products |. | | 0.90 091 0.90 0.90 (x) (xX) (X) (x)
Tobacco products ..........-.-- 177 1.74 1.64 1.60 (x) (x) (x) (X)
Textile mill products 20222022 157 157 139 133 (NA) (NA) (NA) (NA)
Paper and allied products...) 2. | 122 123 1.22 121 (NA) (NA) (NA) (NA)
Chemicals and allied products 1.45 145 1.42 145 &) & &) (X)
Petroleum and coal products... 0.99 0.94 091 091 & & & &)
Rubber and plastics products... . 128 126 1:25 127 &) (9) & Xx)

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

' Excludes the following industries with no unfilled orders ; Wood and lumber products; glass containers; metal cans, barrels and drums; farm and garden machinery;
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related products; chemical
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. Noy Nov. Nov,
Nov? | 1997- Nov? | 1997- Nov? | 1997- Nov. | 1997-
Noy.' | 1993- Oct. | Nov.' |  1993- Oct. Nov.' | 1993- Oct. | Nov.' |  1993- Oct.
1998 | 1997] 1998] 1998] 1997] 1998] 1998] 1997] 1998] 1998 | 1997 | 1998
All manufacturing industries... ~ 02 02 (X) 01 02 & 0.1 0. &) 0.0 0.0
Durable goods industries eee 0.0 03 03 0.2 0.2 03 -0.1 01 01 (X) 01 0.1
Stone, clay, and glass products (xX) 0.6 04 (xX) 0s 0.6 (xX) 0.5 04 (xX) 0.2 0.2
Primary metals ........ 0.7 05 03 07 0.5 07 0.1 02 02 () 01 0.
Fabricated metal products... . (X) 05 02 (xX) 07 04 () 03 02 (X) 0.1 0.1
Industrial machinery and equipment 0.0 08 03 05 1.0 03 -03 02 01 &) 01 0.

Electronic and other

electrical equipment -0.1 0.7 06 0.0 0s 09 0.0 05 05 () Ol 02
Transportation equipment 03 04 0.7 04 05 09 0.0 01 01 (X) 02 02
Instruments and related products .. . . (X) 03 05 (x) 13 12 (xX) 03 0.2 (X) 02 Ol
Nondurable goods industries . ~ 01 0.1 a) 02 01 oa) 03 0. (oa) O41 0.0
Food and kindred products (Xx) 02 Ol (X) (x) (X) (Xx) (x) (X) (xX) 0.1 01
Tobacco products . . . &) 01 0.0 re & (X) (X) ie (x) x ol O
Textile mill products . . . : (xX) 03 04 (x) | QA) | (NA) (X) |} (NA) A) (X) 0.2 0.2
Paper and allied products . . . (xX) 02 0.2 (xX) } (NA) | (NA) (X) | (NA) | (NA) (X) 0.1 0.1
Chemicals and allied products : &) 04 04 &) (X) () (X) () &) (&) 02 OL
Petroleum and coal products . (&) 03 02 (x) (x) (x) (xX) (x) (x) (xX) 0.2 04
Rubber and plastics products &) 05 Om (x) () (&) (X) (X) &) &) Od 0.0

Capital goods industries
Nondefense . 03 05 04 -0.5 07 04 0.0 02 0.1 (xX) 0.1 0.1
Defense ... 0.1 0.7 0.6 2.0 2.0 17 0.1 Ol 01 (xX) 0.2 0.2

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

etween the month-to-month percent changes of the preliminary and final estimates. The

Note : The five year and the twelve month revisions are the differenc timates.
ences for the months specified. The advance to final percent change revisions for the

monthly averages are the simple averages of the absolute values of the
durable goods industries are shown in the advance report for the month

The current month revisions are the difference between the advance percent change and the percent change as shown in this publication,

? Average for this month for the last five years.
See note at end of table 2 relating to survey error and revision.


CURRENT INDUSTRIAL REPORTS

own
a)

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

Manufacturers’ Shipments,
Inventories, and Orders

November 1998
M3-1-(98)-11
For Wire Transmissions 10:00 a.m. E.S.T. January 7, 1999

For Data - (301) 457-4673
For Questions - Kathy Menth or Lee Wentela
(301) 457-4804 or (301) 457-4852

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

Summary

New orders for manufactured goods in November increased
$1.9 billion or 0.6 percent to $336.6 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a 1.7
percent October decrease and is the fifth increase in the last six
months. Excluding transportation, new orders increased 0.7 percent,
the second increase in the last three months. Year to date, new
orders are 2.0 percent above the same period a year ago.

Shipments increased $1.2 billion or 0.4 percent to $341.4
billion, following a 0.1 percent October decrease. ‘This is the fifth
increase in the last six months. Year to date, shipments are 3.1
percent above the same period a year ago.

Unfilled orders, down six of the last seven months, decreased
$4.8 billion or 0.9 percent to $520.0 billion, following a 1.0 percent
October decrease. The unfilled orders-to-shipments ratio was 2.62,
down from 2.66 in October. The ratio has declined five of the last
six months.

Inventories increased $0.7 billion or 0.1 percent to $471.7
billion. This is the twenty-second increase in the last twenty-three
months. The inventories-to-shipments ratio was 1.38, unchanged
from October.

New Orders

New orders for manufactured durable goods in November
increased $1.5 billion or 0.8 percent to $190.0 billion, revised from
the previously published 1.0 percent increase. This follows a 2.2
percent October decrease and is the fifth increase in the last six
months.

Primary metals, up for the first month since August, had the
largest increase, $1.2 billion or 9.2 percent to $14.6 billion, following
a 4.1 percent October decrease. Instruments and related products
increased $0.3 billion or 2.4 percent to $14.0 billion. This follows
a 5.3 percent October decrease. Electronic and other electrical
equipment, down for the first month since August, decreased $0.6
billion or 1.8 percent to $32.7 billion, due to electronic components
This follows a 1.5 percent October increase.

New orders for nondurable goods, up two of the last three
months, increased $0.4 billion or 0.3 percent to $146.6 billion. This
follows a 1.0 percent October decrease. Increases, led by chemicals
and allied products, more than offset decreases, led by textile mill
products.

Shipments

Shipments of durable goods in November increased $1.1 billion
or 0.6 percent to $194.9 billion, unrevised from the previously
published 0.6 percent increase. This follows a 0.5 percent October
increase and is the sixth consecutive monthly increase. Instruments

and related products increased $0.5 billion or 3.6 percent to $14.6
billion. This follows a 1.8 percent October decrease. Electronic and
other electrical equipment, up five of the last six months, increased
$0.5 billion or 1.6 percent to $32.7 billion, following a 0.6 percent
October decrease. Primary metals, down eight of the last nine
months, decreased $0.3 billion or 2.0 percent to $14.3 billion,
following a 2.4 percent October decrease.

Shipments of nondurable goods, up for the first month since
June, increased $0.1 billion or 0.1 percent to $146.4 billion,
following a 0.9 percent October decrease. Chemicals and allied
products, up two of the last three months, increased $0.5 billion or
1.5 percent to $32.4 billion, following a 2.0 percent October
decrease. Petroleum and coal products, down seven of the last eight
months, had the largest decrease, $0.4 billion or 3.4 percent to $11.1
billion. This follows a 3.2 percent October decrease.

Unfilled Orders

Unfilled orders for durable goods in November decreased $4.9
billion or 1.0 percent to $495.9 billion, revised from the previously
published 0.9 percent decrease. This follows a 1.0 percent October
decrease and is the sixth decline in the last seven months.
Transportation equipment, down six of the last seven months, had the
largest decrease, $3.4 billion or 1.4 percent to $244.8 billion. This
follows a 1.3 percent October decrease. Industrial machinery and
equipment, down for the second consecutive month, decreased $1.0
billion or 1 ercent to $73.1 billion, following a 2.0 per
October decre: Primary metals, up for the first month si
February, increased $0.3 billion or 0.9 percent to $29.7 billion
follows a 4.1 percent October decrease.

This

Inventories

Inventories of durable goods in November decreased $0.1
billion to $298.5 billion, following a 0.6 percent October increase,
This is the second decrease this y Transportation equipment,
down two of the last three months, decreased $0.4 billion or 0.6
percent to $76.6 billion, following a 1.7 percent October increase.
Industrial machinery and equipment, up for the first month since
August, increased $0.2 billion or 0.3 percent to $61.0 billion. This
follows a 0.2 percent October decrease.

Inventories of nondurable goods, up ten of the last eleven
months, increased $0.8 billion or 0.5 percent to $173.3 billion,
following a 0.4 percent October increase. Chemicals and allied
products, up ten of the last eleven months, increased $0.5 billion or
1.1 percent to $46.9 billion, following a 0.1’ percent October increase.

By stage of fabrication, November finished goods increased 0.8
percent in durables and 0.2 percent in nondurables. Work in process
decreased 0.5 percent in durables and increased 1.7 percent in
nondurables. Materials and supplies decreased 0.2 percent in
durables and increased 0.3 percent in nondurables.

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

‘The advance report on durable goods for December is scheduled for January 28, 1999 at 8:30 a.m. and the full report on February 4, 1999 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
Board (N-8-1) (202-482-3870).


Nondefense Capital Goods 11
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

New Orders <a
s2F| —__ | --------------/9<\---------- +52
Shipments
47 ---------- eee - - - eee 447
_—
42P---------- 2-2-2 2 - eee eee - ee ------------- 442
A 4 37
L i L 1 L 1 L i L L L L L

Nov Jan Mar May Jul Sep Nov Jan Mar May — Jul Sep Nov
Nov. 1996 -Nov. 1998

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages

Billions of Dollars
10 10

New Orders

Shipments

Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1996- Nov. 1998

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
1998? | 1998 1998 | Nov. | Oct. | Sept. | 1998" | 1998" 1998 1997 | 98/97
MATERIALS AND SUPPLIES.
All manufacturing industries 156,042 } 156,036 } 156,129 0.0} -0.1 | +403 | 155,701 | 156,447 | 156,325 | 150649 | +34
Durable goods industries ......... 93,187 | 93,345 | 93,291 02] +01 | +03 | 93,533 | 93,872 | 93,880 | 90,500] #34
Stone, lay, and glass products 3,141 3111 137 | +10] -o8 | +18] 3138] 3113 | 3,157 | 2,993 +48
Primary metals... 7935 | 7.933 | 81075 oo] 18] 4071 8093 | 8102} 8193 | 71978 +14
Fabricated metal products |... 101699 } 10:746 | 10848 | -04] -09 | +16 | 10,617 | 10,711 | 10,884 | 10,126 +48
Industrial machinery and equipment | 19629 | 19.581 | 19:741 | +02] -08 | +0.1 | 19,753 | 19,621 | 19,933 | 19,592 408
Electronic and other
electrical equipment . 15,757 | 15,921 | 15,607 0} +20] -08 | 15,705 | 16,039 | 15,612 | 15,413 +19
Transportation equipment . 2. |. | 15,638 | 15,603 | 15,596 | +0.2 0.0 | +03 | 15,605 | 15,482 | 15,596 | 14,726 | +60
Instruments and related products... | 9299 | 9281 | 9,251 | +02] +03 | -05 | 9198 | 9257 | 9,267 | 8,767 | +49
Lumber, furniture and
miscellaneous durable goods . . . . . 11,089 | 11,169 | 11,036 | -07 | +12] +06 | 11424 | 11,547 | 11,238 | 10,905 | +48
Nondurable goods industries . 62,855 | 62,691 | 62,838 02 | +03 | 62,168 | 62,575 | 62,445 | 60,149 +34
Food and kindred products 11,382 | 11,406 | 11.495 708 | +03] 14s24 | 16713 | 11244 | 10,937 +54
Tobacco products... 31143 | 5,228 | 5,019 +42] +41 | 51049 | Stiga] 4,857 | 4,988 +12
Textile mill products |: 2912 | 2/957 | 2.989 -l1 | 403] 2811 | 2863 | 2922 | 2,881 24
Paper and allied products 7964 | 7.992 | 8,059 708 | -13 | 7808] 7970] 81042 | 7,691 427
Chemicals and allied products 15,465 | 15,535 | 15.574 03 | +03] 15321 | 15.481 | 15,605 } 14,647 +46
Petroleum and coal products 3/570 | 3243 | 3.266 07} -16 51 3,241 3,240 | 3,70 “5.2
Rubber and plastics products 6993 | 6903 | 6,833 +10] -01 | 6902 | 6798 | 6807 | 6422] +75
Apparel printing and publishing
and leather goods . .. 9,426 | 9,427 | 9,603 as] +409] 9,148 | 9325 | 9,728 | 8874 | 431
WORK IN PROCESS
All manufacturing industries 152,728 | 152,848 } 151,227 1} +1 -0.6 | 154,156 | 154,277 } 151,584 } 149,075 434
Durable goods industries ......... 122,838 | 123,446 | 122,063 os | 411 | -0.7 | 123,545 | 123,982 | 122,089 | 118,848 +4.0
Stone, clay, and glass products 1358 356} 1338] +01] +13] -14 | | 1255 1,282 | 1,306 | 1,202 +44
Primary metals -.. 22... 8682 | 81604] 8574] +09] +03] -05] 8544] 8514] 8582 | 8,609 -0.8
Fabricated metal products [| 9261 | 91135 | 97005 | +14] +14] 02] (9274 | 9159 | 9,082 | 8,669 +7.0
Industrial machinery and equipment’ | 22,832 | 22;828 | 22,794 00} +01 | -14 | 23,139 | 22.946 | 22,802 | 22,734 +18
Electronic and other
electrical equipment . 13,951 | 14,112 | 14,106 oo | -12 | 13,941 | 14,093 | 14,017 | 14,080 -1.0
Transportation equipment . 31392 | 92,225 | 51,113 422 | 03 | s2ui | 52.895 | 51213 | 48,181 482
Instruments and related products 10,035 | 9,939 | 9,838 +10 | -1.0 | 10,058 | 9867 | 9,749 | 10,078 0.2
Lumber, furniture and
miscellaneous durable goods ... . . 5327 | 5,247 | 5,295 09} +02] 5,223 | 5,226] 5,338 | 5,295 “14
Nondurable goods industries . 29,890 | 29,402 | 29,164] +17} +08] -04 | 30,611 | 30,295 | 29.495 | 30,227 +13
Food and kindred products 5690 | 3588 | 5425 | +18] +30] -23 |] 6360 | 6352 ] 5,575 | 6,621 -40
Tobacco products... . 93 92 102} +11] 98] -56 105 106 107 107 “19
Textile mill products... |. 2619 | 2644] 2650} -09} 02] -0.7 | 2610] 2,650] 2,660] 2,713 38
Paper and allied products « ee 1556 | 1.551 1566] 03| -10| -27] V49s] 1485] 1546 1,552 35
Chemicals and allied products 9200 | 8773 | 621) +49] +18] 0.7 | 9,202 719 | 8584 | 8,088 | +138
Petroleum and coal products 2488 | 2627 | 2.631 33] 02] +65] 2505} 2681 | 2663 | 2.875 | -12.9
Rubber and plastics products | - 2935 | 2195} 2210] +18} -0.7 | -08 | 2.270 | 2,216 | 2,205 | 2,243 412
Apparel, printing and publishing ~
and leather goods... . . 6,009 | 5932 | 5959} +13] -05 0.0 | 6061 | 6086 | 6,155 | 6,021 40.7
FINISHED GOODS
All manufacturing industries 162,950 } 162,147 | 161,196 } +05} +06} +03 | 161,982 | 160,921 | 159,498 | 158,389 | +23
Durable goods industries. 82,438 | 81,770 | 81403 | +08} +05} +05 | 81,679 | 80,656 | 79,764 | 79,076 $33
Stone, clay, and glass products 80 4768 | 4762 | +09] +01 | +08] 4592 | 4499 | 4586 | 4,515 +17
Primary metals -..... . 8232 | 8,288 | 8,249 07} +05] +02] 8g113 | 8078 | 8137] 7,784] +42
Fabricated metal products 22 </ 11249 | 11,212 | 11197 | +03} +01 -0.5 | 10,927 | 10,897 | 10,865 | 10,368 +54
Industrial machinery and equipment | 18507 } 18402 | 18403 | +06 oo | +15 | 18581 | 18143 | 17,690] 18,428 +08
Electronic and other
electrical equipment . 10,672 | 10,556 | 10,459] +11] +09 | -06] 10,646 | 10,524 | 10,223} 10,747 -09
Transportation equipment - 9525 | 9171 | 8993} +39} +20 I | 9583 | 9266 | 91126 | 8974 | +68
Instruments and related products - Taos | 77447 | 7488 | +02] 05] +10} 7603} 7635 | 7529] 7,428 | +24
Lumber, furniture and
miscellaneous durable goods 11,980 | 11,926 } 11,852} +05} +06} +09 | 11,634] 11,614 } 11,608 | 10,832 +74
Nondurable goods industries 80,512 | 80377 | 79,793 | +02] +0.7 | +02 | 80,303 | 80,265 | 79,734 | 79,313 +12
Food and kindred products 20312 | 20465 | 20192} -07] +14] +05 | 21,089 | 21,388 | 21,100 } 20,997 402
Tobacco products ......- 70 701 662 | +13] +57] +43 ‘985 364 613 923 467
Textile mill products |: 4,673 | 4,685 | 4,668 03) +04) +16] 4,548} 4,582] 4,534 | 4,333 +5.0
Paper and allied products 6961 | 6968 | 6902 | -01 | +10] +04] 6853 | 6805 | 6,756 | 6,602 438
Chemicals and allied products 22207 | 22048 | 22118 | +07) -03 | -09 | 21,963 | 21,592 | 21,988 | 21,187 $3.7
Petroleum and coal products 4°90 :962 | | 4,873 “ll | +18 | -19 | “sos7 | “so17 | “4,964 | 6001 | -15.7
Rubber and plastics products 7627 | 7580 | 7564 | +06] +02] -09] 7371 77264 | 7,258 | 7,496 “17
Apparel, printing, and publishing
and leather goods... .. 13,114 | 12,969} 12,814} +11] +12] 425 | 12,477 | 12,753 | 12,921 | _1,774 +60

* Preliminary. ‘ Revised.

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


Table 3. VALUE OF MANUFACTURERS’ UNFILLED ORDERS FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Nov. Oct. Sept.] Oct-] Sept-| Aug- Nov. Oct. Sept. Nov.} Nov.
1998" 1998" 1998| Nov.| Oct] Sept. 1998” 1998" 1998 1997] 98/97
All manufacturing industries ... . . 520,030] 524,796 | 530,266 09 -1.0 0.0] 515,723] 522,765} 525,390] 533,329 33
Manufacturing industries
without defense capital goods 424,724} 428,459] 433,214 -09 “Ll -0.1| 422,556] 428,591] 429,948] 433,810 -2.6
Durable goods industries 495,869} 500,759} 506,054 -1.0 “1.0 0.0} 492,300] 499,520] 501,112} 507,877 3.1
Stone, clay, and glass products . . 6,228 6,290 6,401 -1.0 -08 6,057 6,178 6,415 6,173 -19
Primary metals . . 29,664] 29,388] 30,635] +0.9 33] 28,045] 27,850] 29,662] 33,445] -16.1
Blast furnaces, steel! mills . . 11,475 11,437 12,254 +03 44 10,677 10,633 11,686 13,742] -22.3
Iron and steel foundries 5,599 5,541 5527! +1.0 22 5,382 5,340 5,373 5,249] +2.5
Nonferrous and other primary
metals... 2... 12,590] 12,410] 12,854] +15 -2.6| 11,986] 11,877] 12,603} 14,454) -17.1
Fabricated metal products .. . 26,087] 26,137] 26,218 -0.2 -l1] 25,563} 25,944] 26,247] 26,339 29
Industrial machinery and equipment : 73,098 | 74,122] 75,630 -14 +3.0] 73,727] 74,156] 74,847] 75,001 +17
Engines and turbines 16,631] 16,763] 16,385 08 424.1} 17,394] 17,325] 16,581) 12,851] +354
Construction, mining and
material handling equipment ... . 9,738 9,968 10,316 33 9,474 9,689 9,894 9,967 49
Metalworking machinery 7 6,759 6,894 7,135 27 6,759 6,894 7,135 7,581} -10.8
Computer and office equipment . 7,603 1,745 8,001 0.0 7,858 7,885 7,996 8,351 5.9
Electronic and other
electrical equipment ....... 60,386] 60,378] 59,249 00] +19] +08] 60,706) 62,795] 57,546] 55,596] +9.2
Electrical transmission and
distribution equipment and
industrial apparatus ....... 6,373 6,435 6,396 -1.0 +0.6 0.7 6,249 6,374 6,255 6,400 24
Electric lighting and
wiring equipment ........ 4912 5,006 4,986 19] +04 39 4,912 5,006 4,986 4,882| +06
Communications equipment 17,781] 17,510} 17,120] #15] #23) +18] 17,781] 17,500] 17,107] 14,792] +20.2
Electronic components ... . 25,230} 25,526} 25,007 12] 421] +15] 25,825] 27,937] 23,475] 23,401) +104
Transportation equipment . . 244,804 | 248,247] 251,394 -14 13 -0.6| 242,986] 246,459] 250,126] 253,617 42
Aircraft, missiles,
space vehicles, and parts. 208,616 | 211,882] 215,042 “15 “15 -13| 206,968] 210,264] 213,757] 219,168 “5.6
Shipbuilding and tanks . . . . 17,967] 18,465] 17,985 27) 427] +61] 18015] 18,511] 18,047] 17,424) $3.4
Instruments and related products’. 47,422| 48,004] 48,402 12 08] +02] 46,986] 47,651] 47,952] 49,084 43
Search and navigation equipment 26,582] 26,982] 27,421 “15 “16 0.0} 26091] 26,447) 27,109] 28,377 “8.1
Measuring and controlling devices . 10,087] 10,214} 10,211 “12 0.0 0.7] 10,087] 10,214] 10,211} 10,618 “5.0
Medical instruments and supplies 9,727 9,841 9,798 12 +0.4 42.1 9,850 10,047 9,655 8,436] +168
All other durable goods .......... 8,180 8,193 8,125 02] +08] +07 8,230 8,487 8317 8,622 45
Nondurable goods industries . . 24,161 24,037] 24,212 +05 0.7 -0.1 23,423] 23,245] 24,278} 25,452 -8.0

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.
19987} 1998"| 1998] Nov.]| Oct.] Sept.} 1998] 1998'] 1998] 1997] 987] 1998] — 1997

All manufacturing industries . . 336,604) 334,663] 340,388] +0.6| 1.7} +0.8] 334,672] 347,900] 359,884] 340,579] —_-1.7]3,694,665 3,621,413
Manufacturing industries

with unfilled orders . . ~ | 193,931] 191,874] 196,313} +1.1]  -2.3] +0.7} 192,650] 198,008] 208,650] 197,762) _-2.6] 2,114,402 2,043,933.
without defense capital goods . . .. . | 330,731] 328,310] 333,346] +07} 1.5] +0.1) 328,575] 342,165] 352,355| 334.455] -1.8] 3,631,676 [3,563,504
Durable goods industries ......... 190,033] 188,523] 192,783] +0.8]  -2.2 187,774] 197,533] 205,297] 191,215] 1.8] 2,063,995 [1,995,104

154,709} 160,816] 170,234) 159,564} -3.0] 1,703,525 |1,641,998
7,910! 8,520] 8,541 7,252| 49.1 88,659} 83,196
14,121] 13,123] 13,789) 15,763] -10.4] 161,695] 178,680
5,363} 4,798) 5,088} 6,610) -18.9 64,186} 72,878
1,515) 1,570) 1,378 1,612 6.0 16,678} 16,507

With unfilled orders «0.2.2.0... 156,927] 155,276] 159.457] +11]  -2.6
Stone, clay, and glass products .. . . 8,149] 8,038] 8,028} +14] +011
Primary metals .......... 14,574] 13,343] 13,917| +92] -4.1
Blast furnaces, steel mills 5,598] 4,912] 5,347] +14.0 8.1
Iron and steel foundries 1,563} 1,504 1,384] +3.9)  +8.7]
Nonferrous and other primary

metals... 2.0.2... --s-] 7,413] 6,927] 7,186] +7.0]  -3.6 -1.5] 7,243] 6,755} _7,3231 7,541] —-4.0] 80,831] 89,295
Fabricated metal products ........1 20,316] 20,095} 19,930] +1.1] +08) +12} 19,810] 21,088] 20,918] 18/834 +52) 219,692] 210,678
Industrial machinery and equipment . | 35,753] 35,503] 38,983] +0.7] -89) +4.1! 34.145] 34,785] 43,032| 33.326  +2.5| 402.565] 372,154

Engines and turbines. . . -+-{ 2,282) 2,769] 5,395) -17.6] 48.7] +52.4) 2,426] 2,994} 6,143] 2347] 43.4] 29,120] 21,424
Construction, mining and
material handling equipment . . . 3,834) 3,748] 3,906] +23] 4.0] +0.8} 3,552] 3,839] 3,905] 3,962] -10.3] 45,699] 43,195
Metalworking machinery .......] 3,569] 3,379] 3,315] +56) +19] 4.7) 4,029] 3,641] 3,781] 3,709] +86] 37.980] 37,010
Computer and office equipment 10,988] 10,948] 10,867] +04] +0.7]/  -2.2| 10,177] 9,522] 13,623] 8,468] +202] 115:465] 96.574
Electronic and other
electrical equipment... ... -+ +] 32,737] 33,348) 32,870] 1.8) +1.5| +5.6] 32,041] 37,676| 34,517] 28,781] | +11.3] 346,43] 324,978

Electrical transmission and
distribution equipment and
industrial apparatus
Electric lighting and
wiring equipment ....... --| 2,145] 2,270] 2,082) 5.5] +9.0)  -6.4) 2,253) 2,245] 2,340] 2,295] -1.8] 24,447) 24,221
Communications equipment -| 7,847) 7,752] 7,940] +1.2) -24) +171] 7.927} 7,388] 9,120] 6,296] +25.9] 78,956] 70,168
Electronic components... . 13,503] 14,157] 13,655] -4.6| +3.7]+3.1] 12/228) 18,111] 12,937] 11322] +8.0| 144'594] 134/296

3,537} 3,647) 3,876] —-3.0] 5.9 +41 3,343) 3,641 4,221 3,399) 1.6 40,076] 37,672

‘Transportation equipment .........] 44,886] 44,870] 45,101] 0.0] -0.5]_-3.5] 46,333] 48,013) 47,885] 54127] -14.4] 478.764] 464.366
Aircraft, missiles,
space vehicles, and parts. . . 9,944} 9,637] 9,109] +32) +5.8) -30.5] 10,322] 8,842) 9,924] 20,729] -50.2| 112,347] 111,763
Shipbuilding and tanks te 780} 1,936] 2,107} -59.7}  -8.1] 306.0) 818} 1,939] 2.217 851/39] 10,776] 7,591
Instruments and related products ....| 13,968] 13,642| 14,403] +2.4]  -5.3] +76 13,967] 13,397] 15,653] 14,083] -0.8] 1507502] 149390
Search and navigation equipment 2,856] 2,743) 3,044] +4.1)  -9.9] +11.0] 2,929] 2,412] 3,407] 2.853] +2.71 30,345] 29.920
Measuring and controlling devices .| 4,113] 3,930] 3,942) +4.7] -0.3] +24/ 41135] 3.841] 43324) 4228] «= -22| 431773] 45.904
Medical instruments and supplies 4,525] 4,564] 4,867) -0.9] -6.2) +12.0/ 4,357] 4,701] 5,150] 4,407 -L.1] 50,461} 46,894
All other durable goods .......... 19,650) 19,684] 19,551] -0.2 +0.7/ | +0.1) 19,447] 20,931} 20,962] 19,049] 42.1] 215,575] 211,662
Nondurable goods industries ....... 146,571] 146,140} 147,605] +0.3) -1.0} +0.1] 146,898] 150,367] 154,587] 149,364] -1.7] 1,630,670 ]1,626,309
With unfilled orders ...... . ~-| 37,004] 36,598) 36,856) +1.1] -0.7} 1.3} 37,941] 37,192) 38,416] 38,198] — -0.7| 410,877] "401,935

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

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

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


Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS

(Millions of dollars)

FOR INDUSTRY GROUPS

‘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.
1998” 1998" 1998] Nov.} Oct.| Sept.] 1998? 1998" 1998 1997 | 98/97 1998" 1997
All manufacturing industries . . 341,370] 340,133] 340,481] +0.4 0.1] +1.2) 341,714] 350,525} 364,324] 331,406 +3.1] 3,710,500 [3,597,036
Manufacturing Industries
with unfilled orders . . 198,697] 197,344] 196,406] +0.7] +0.5|_ +1.4} 199,692] 200,633] 213,090} 188,589) +5.9] 2,130,237 [2,019,556
without defense capital goods 334,466| 333,065] 333,875) +0.4 0.2) +1.2| 334,610] 343,522] 357,231) 324,425 +3.1 | 3,638,462 }3,528,942
Durable goods industries. 194,923] 193,818] 192,842] +06] +0.5]  +2.1] 194,994) 199,125) 209,036} 181,893) +7.2] 2,078,029 ]1,971,552
With unfilled orders oe 161,817] 160,571] 159,516] +0.8] +0.7)  +2.1) 161,929) 162,408) 173,973] 150,242 +7.8] 1,717,559 [1,618,446
Stone, clay, and glass products . 8,211 8,149] 8,077} +08 +0.8) 8,031 8,757] 8,608) 7,381 +88 88,778] 83,527
Primary metals . . . 14,298} 14,590} 14,951 -2.0) 0.7) 13,926] 14,935] 15,402] 15,420) -9.7) 167,988} 174,502
Blast furnaces, steel ‘mills. 5,560) 5,729] 5,909] -2.9) -3.2| 5,319] 5,851 6,003| 6,139 -13.4 67,867) 71,036
Iron and steel foundries ....... 1,505) 1,490 1,507} +1.0) “Ll +23) 1,473 1,603] 1,590 1,389} +6.0 16,772] 15,560
Nonferrous and other primary
metals... 2... 2. eee ee 7,233 7,371 7,535] -1.9} -2.2| +0.7} 7,134 7,481 7,809) 7,892 9.6 83,349] 87,906
Fabricated metal products . «| 20,366] 20,176] 20,235) +0.9) 0.3) +0.6f 20,191] 21,391] 21,460] 18,961 +6.5} 220,479) 208,242
Industrial machinery and equipment - | 36,777] 37,011] 36,775 -0.6] +0.6] +0.2| 34,574] 35,476] 40,690} 32,592) +6.1| 402,263] 370,223
Engines and turbines 2414) 2,391 2,208] +1.0] +83) 2.6] 2,357 2,250] 2,468] 2,018) +16.8 24,260] 21,547
Farm and garden machinery ..... 1,697 1,762 1,890] -3.7 6.8) -3.1 1,242] 1,624) 1,744 13 53 22,527] 21,417
Construction, mining and
material handling equipment 4,064] 4,096] 4,256] -0.8}  -3.8] 1.2) 3,767] 4,044) 4,280) 3,771 0.1} 46,591) 41,847
Metalworking machinery sees 3,704) 3,620) 3,515] +2.3) +3.0] +15) 4,164] 3,882 3,981 3,802) +9.5 38,370] 37,644
Computer and office equipment . . . 11,130] 11,204] 10,869} -0.7) +3.1] -1.0| 10,204) 9,633) 13,791 8,427) +21.1] 115,239} 98,203
Electronic and other
electrical equipment ....... 32,729] 32,219] 32,422] +1.6] 0.6) +3.8) 34,130] 32,427] 36,667) 30,891] +10.5} 339,143] 317,685
Electrical transmission and
distribution equipment and
industrial apparatus . 3,599 3,608) 3,922] -0.2) 8.0] +5.5} 3,468) 3,522) 4417] 3,383 425 40,345] 37,883
Household appliances . . 2,125 2,051 2,101) +3.6) -2.4) +12) 2,084) — 2,067 2,279) 1,975| +55 22,980] 21,390
Electric lighting and
wiring equipment .........--- 2,239) 2,250) 2,282) -0.5 1.4) +1.6) 2,347) 2,225 2,540) 2,328 +0.8 24,462] 23,849
Household audio and
video equipment ........---+- 1,000] 1,007 974) -0.7) +34] -3.0) 1,270) 1,340) 1,188) 1,331 46 11,263 10,945
Communications equipment 7,576) 7,362| 7,631) +2.9} -3.5| +89) 7,646] 6,995. 8,803 6461] +183 75,506] 67,802
Electronic components . 13,799] 13,638] 13,280] +1.2| +2.7]  +2.3) 14,340] 13,649) 14,870] 12,645] +13.4] 140,309} 130,511
Transportation equipment .......-.| 48,329] 48,017) 46,588] +0.6) 43.1] +4.9| 49,806] 51,680] 49,441) 43,769] +13.8) 490,295 459,900
Motor vehicles and parts ...... 31,599] 31,586} 31,061 0.0 +1.7} +3.5| 32,645] 35,596] 32,753] 29,904 +9.2} 331,337] 320,596
Aircraft, missiles,
space vehicles, and parts. 13,210] 12,797) 11,921] +3.2| +7.3[ +7.7) 13,618) 12,335] 12,771] 10,884] +25.1] 123,499) 107,957
Shipbuilding and tanks . 1,278) 1,456 1,073) -12.2] +35.7] +6.1 1,314 1,475, 1,108) 877] +49.8 11,191 9,631
Instruments and related products .. . 14,550] 14,040] 14,298] +3.6] 18} +4.0, 14,632] 13,698] 15,714) 13,735 +65} 153,645] 147,963
Search and navigation equipment 3,256 3,182) 3,042] +2.3) +4.6] -2.4) 3,285) 3,074] 3,378] 2,750) +19.5 33,497) 30,261
Measuring and controlling devices 4,240] 3,927 4,014] +8.0) -2.2| +5.0] 4,262] 3,838] 4,396] 4,245 +04 44,539) 45,714
Medical instruments and supplies 4,639] 4,521 4,668} +2.6) 3.1) +7.3) 4,554] 4,309) 5,135 4,249 47.2 49,035] 45,984
Photographic goods . 1937| 11952] 2,118] -0.8| -7.8] +54} 2,056] 2,032) 2,328] 2,074) 0.9] 21,533) 21,365
All other durable goods .... 19,663| 19,616} 19,496} +0.2| +0.6, -0.1] 19,704] 20,761 21,054 19,144) +2.9] 215,438] 209,510
Nondurable goods industries 146,447| 146,315] 147,639] +0.1 -0.9) 0.0} 146,720] 151,400) 155,288} 149,513 = 1.9] 1,632,471 11,625,484
With unfilled orders 36,880] 36,773] 36,890) +03 ~0.3) -1.6 37,763 38,225} 39,117] 38,347 -1.5} 412,678} 401,110
Food and kindred products 41,429] 41,351] 41,272[ +0.2|  +0.2] +0.4) 42,279) 42,783] 43,044) 40,600) +4.1] 449,520] 430,814
Meat products 8,796 8,692] 8,786) +12] Ll 0.4) 8,907] 8,773] 8,946) 8,720) +2.1 96,086] 94,444
Dairy products . 6,671 6,466] 6,578} +3.2] 1.7] +4.7) 6,906] 6,339) 6,752 $5,253] +315 68,177] 54,219
Beverages ..... 6,032} 6,138 6,206) -1.7 <li] +18] 5,728) 6,114) 6,381 5,829] 7 67,347] 65,051
All other foods, except “fats and oils 17,797] 17,968] 17,691 -1.0] +16) -1! 18,605} 19,470] 18,954] 18,646} 2} 195,110} 195,012
Tobacco products . + 3,365) 3,466) = 3,523 2.9 -1.6 +13) 3,347 3,659) 3,522 3,627 7 37,714] 35,546
Textile mill products ........ 6,496} 6,551 6,491 0.8] +09) -3. 6,530] 6,836 7,129] 7,138 5 74,796] 77,501
Broadwoven fabrics and
other textiles ..........- 3,868 3,899] 3,927] -0.8] 0.7] -1.0) 3,752} 3,948) 4,311 4,174) -10.1 44,987) 47,071
Paper and allied products . 13,468] 13,421] 13,518] +0.4] 0.7] -1.8| | 13,292) 13,735] 13,981] 13,706} -3.0] 152,169] 148,065
Pulp, paper, and
paperboard mill products . . 5,037] 5,113} 5,115} -1.5 0.0 -2.9) 5,011 5,235) 5,256] 5,563) 99 58,669} 59,178
Paperboard containers and boxe: 3,499] 3,434) 3,461) +1.9) 0.8} -3.5) 3,430) 3,545 3,527 3,510 23 39,539] 37,126
Miscellaneous converted
paper products . 4,932] 4,874) 4,942) +1.2| “14, +0.7) 4,851 4,955 5,198] 4,633) +47 53,961] 51,761
Chemicals and allied ‘products 32,436] 31,960] 32,616) +1.5 2.0, +13] 31,156] 31,536) 34,084) 31,173 0.1] 358,521] 356,909
Industrial chemicals . 14,416} 14,585) 14,675 12) -0.6] -0.1] 13,938] 14,397] 14,920) 15,593) -10.6| 165,663} 177,985
Drugs, soaps, and toiletries .. . 14,253) 13,546] 14,212] +5.2) -4.7| +23] 14,176] 13,850] 15,956] 12,576) +12.7) 149,841 136,168
Petroleum and coal products 11,107] 11,500} 11,885 3.4) 3.2) +l] 11,222) 12,267] 12,436] 14,419) -22.2{ 135,142 163,716
Rubber and plastics products . 13,209] 13,249) 13,282] -0.3 0.2) +0.7} 12,697] 13,796) 13,875) 12,615 +0.7] 146,158} 144,525
All other nondurable goods 24,937} 24,817) 25,052) +0.5) 0.9] -1.5| 26,197] 26,788} 27,217] 26,235 0.1] 278,451] 268,408

¥ Preliminary. * Revised.

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

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