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

ns of Dollars)

Seasonally Adjusted

Not Seasonally Adjusted

Monthly Percent Change ‘Monthly Percent
industry Change
Jan. Dec. Dec Nov.- | Oct. - Jan. Dec. Nov. Jan. Jan.
2002° 2001' Jan. Dec Nov 2002” 2001' 2001 2001 02/01
All manufacturing industies. 636,402] $43,837 1.4] : -1.2] 542,490] 539,719] 540,125] 597,833 9.3
Excluding transportation. 204,497| 267,179) -1.0} z -0.6] 266,171] 263.076] 264,495] 310,918) “14.4
Excluding defense. 392,546 -1.5) : 1.4] 390,594] 388,325] 392,094] 456,676. 14.5
Durable goods industries. 536,402] 543,837 1.4] -1.2] 842,490] 539,719] 540,125] 597,833 9.3
Primary metals, 16,866 17,220 “24 0.7 “2.2 16,913 16,587 16,349 19,502 “13.3
Iron and stee! mills........ — 8,175 8,349 24 +05 2.5) 8,206 7,977 771 9,348 “12.2
Aluminum and nonferrous metals. 6,419 6,621 “34 2.6) 1.9) 6,399 6,392 6,482 7,914] “19.1
Ferrous metal foundries... 2,272 2,250 +10 +05 19 2,308 2,218 2,156 2,240) +3.0
Fabricated metal products 39,316] 39,591 0.7 0.7) 1.5) 39,148 38,780] 39,075) 43,2271 “9.4
Machinery... 57,175 57,990] 1.4) +03 0.2) 57,495 56,862 57,440] 64,419) “10.7
Construction machinery... 2.110) 2,089 +2.0 -0.2 “24 2211 2,020 1,964] 2,602) “15.0
Mining, oll field, and
gas field machinery. 1,664 1,653) 40.7 -3.5) 1.3) 1,644 1,578] 1,715 1,439 414.2
Industrial machinery, 9,550 9596 0.5 “2.3 +0.4] 9,710 9,247 9,920] 12,985 -25.2
Photographic equipment. 757 ‘B09 6.4) “2.4 +120] TMm 776 839 825 6.5
Ventilation, heating, air-conditioning,
and refrigeration equipment, 4,445 4,342 +24 3.3 1.8 4,428 4,148 4,311 4,882 -9.3
Metalworking machinery. 4,051 4,100) 1.2) “1.6 2.9 3,990 3.891 4,137 5,387 -25.9
Turbines, generators, and other
power transmission equipment, 20,308] 20,741 2.1 48.1 40.5 20,464 20,835] 19,849] 20,131 +17
Material handling equipment. 5.612 5,837. 39 2.6 +01 5,60: 5,742| 5,762: 6,198 -9.6
Computers and electronic products. 124,403} 125,108) -0.6) -0.5) 0.8] 125,768] 1242641 124,486| 151,112) 16.8
Electronic computers, 9,610 9,543 +07 14 +15 9,302 9,407 10,015 9,838) 5.4
Nondefense communications
equipment. 37,764] 37,903 0.4 a 0.6) 38,311 37,967 38,123] 47,697! “19.7
Defense communications equipmen 2,421 2,427 0.2 +6 24 2,446 2,454 2,285 2,595) 5.7
Semiconductors. 14,598 14,430 +12 +1 3.9) 15,109 13,917 14,343] 23,489 -35.7
Electronic components, 15,158 15,479 “21 0. 1.4] 15,394 15,273 15,421 20,395 24.5
Nondefense search and navigation
equipment. 4,102 4,151 1.2) 21 4,065 4,089 4,158 5,041 19.4
Defense search and navigation
equipment. : 28,934 29,218] 1.0] -0.6) -0.9] 29,101 29,268] 28,452] 30,166) 3.5
Electromedical, measuring,
and control instruments. 11,816 11,957 “1.2 +07 +24 12,040 11,888 11,683 11,891 +13
Electrical equipment, appliances,
and components... 15,857 16,445 3.6 18 +15 16,033 16,189 16,576 19,506) 17.8
Electric lighting equipment 1,522 1,532 0.7 2.9) 0.4) 1,497 1,496) 1,495) 1,566) 4.4
Household appliances.. 1,056| 1,263 16.4) +25 +76 1,272, 1,293 1,225 1,401 9.2
Electrical equipment. 9,595 9,870 28) 1.6 +18 9,608 9,758 10,083 10,046 4.4
Transportation equipment. 271,965] 276,658) 17 -1.9) -1.7] 276.319] 276.643] 275,630] 286,915} 3.7
Motor vehicle bodies, parts,
and trailers. 11,650 11,891 2.0) -0.7 0.2) 12,239 11,938 11,543) 13,798) 11.3
Nondefense aircraft and parts. 130,883] 133,665] 24 2.3) -2.8) 132,535] 133,834] 135,118] 151,108 “12.3
Defense aircraft and parts.. 56,724] 56,601 +0.2 1.6) 0.4) 57,172 55,643] 55,465] 45,631 +25.3
Ships and boats...... 20,977 21,614] 2.9 “2.7 1.0] 21,591 21,826] 21,559 19,295) +119
Furniture and related products. 6,454 6,405 +08 +13 +12 6,284 6,157 6,466 7,059) “11.0

® Preliminary * Revised

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


10

420

Total Manufacturing
Shipments and Three Month
Moving Average

Billions Of Dollars

Total Manufacturing
New Orders and Three Month
Moving Average

Billions Of Dollars

420

420

300 4 300 300 ~ 300
280 280 280 280
(8838885555558 8333385555588
ef eens ¢ § FE a BE re ee ee a ee
See 55253 85528 sere 388 FRR 28
\ —  — Shipments Average — — New orders Average
Total Manufacturing Total Manufacturing
Total Inventories and Three Month Ratios of Unfilled Orders and Total
Moving Average Inventories to Shipments
Billions Of Dollars VS Ratios
| 500 500 || 1.6 45

420

Note: All charts based on seasonally adjusted current dollars.

420 || 12 as
eeeeegnaaasae geese e ananassae |
93838385 3 eee EF $2338 3 8553355 Fo |
Ee eee TET EEGs Ee ee TERE TEL Tas eE
& © @ BS §$ & BF SBR SBE 5 © @ S086 &§ SF FETS Ss
7" 2 2 vw 2757 2 8 “v2 7 Ss 2s “25 2 8 “a 25 ,
inventories Average ——is vo /s


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS, NEW ORDERS, UNFILLED

ORDERS, AND TOTAL INVENTORIES FOR TOPICAL SERIES '

(Millions of Dollars)

Seasonally Adjusted Not Seasonally Adjusted”
Monthly Percent Change Monthly Percent} Year to date
Industry Change)
Jan. | Dec. | Nov. |Dec.-}Nov.-]Oct.-] Jan. } Dec. | Nov. | Jan. | Jan.
2002 | 2001" | 2001 | Jan. | Dec. | Nov. | 2002" } 2001" | 2001 | 2001 }02/01) 2002" | 2001
‘SHIPMENTS
All manufacturing industries. 333,246] 326,794] 324,866] +2.0] +06 -1.2] 299,412] 320,557] 322,099] 310,698) 3.6] 299,412] 310,698
Construction materials and supplies. 32,870] 32,291] 32,424] +18] 0.4] -1.1| 29,169] 28,561] 31,311] 29,497] -1.1] 29,169] 29,497
Information technology. 28,242) 28,554] 27.526] -1.1| +3.7] -0.6| 22,853] 34.917] 26.704] 27,499] -16.9] 22,853] 27,499
Capital goods. 67.443 67,033] 65,498] +0.6) +2.3] 1.3] 55,506] 76,275] 63,330] 61,650] -10.0] 55,506] 61,650
‘Nondefense capital ‘goods’... 60,357) 59,635) 59,144) +1.2) +0.8 -1.4) 49,717) 67,832] 56,742] 56,814) -12.5 49,717 56,814
Excluding aircraft : 56,167| 54,778] 54,381] +25] +0.7) 2.3] 46,813] 61.279] 51,803] 54,170] -13.6] 46,813] 54,170
Defense capital goods! 7,086] 7.398] 6.354] 4.2) +164] -13] 5.783] 8.443] 6.588] 4/836] +19.7/ 5.789] 41836.
Consumer goods. . 128,132] 125,645] 124,081] +2.0) +1.3 1.5] 118,597] 120,174] 125,472] 117,739) +0.7] 118,597) 117,739
‘Consumer durable goods 36,805} 35,008] 34,432] +5.1) +1.7] +1.0] 33,386] 31,647| 34,828] 29,189] +14.4] 33/386] 29,189
Consumer nondurable goods. 91,327} 90,637| 89,649] +08) +11] -2.4] 85,211] 88,527] 90.644] 88,550] -3.8] 85,211] 88,550
NEW ORDERS
All manufacturing industries 325,811] 320,616| 318,379] +1.6} +0.7] -4.3] 302,183] 320,151] 313,679] 316,517) -4.5] 302,183] 316,517
Construction materials and supplies. 32,500} 31,849) 32,042] +2.0) -0.6 -0.2) 29,288] 28,088] 30,610} 29,599 vd 29,288 29,599
Information technology. 27,542} 27,606] 27,270 0.2) +1.2] +0.4] 23,053] 35,075] 26,734} 28,924] -20.3 23,053 28,924
Capital goods. 60,258] 61,770] 62,166] -2.4) 0.6] -15.3| 53,833] 76.714] 59,566] 65,566] -17.9] 53,833] 65,566
Nondefense capital goods”.. 55,472| 55817] 56.437] 0.6] 1.1] +4.0| 48,766] 65,105] 53,691] 60,727] -19.7| 48,766] 60.727
Excluding aircratt. 54,325) 53,511] 54,413} +1.5) 1.7] +2.4) 47,422) 59,285] 52,123) 67,564] -17.6 47,422. 57,564
Defense capital goods’ 4,786| 5,953} 5,729] -19.6] +3.9] -70.1] 5,067] 11,609} 5.875] 41839] +47] 5.067] 4839
Consumer goods. 127,824) 125,955] 124,539) +1.5) +1.1 -1.2] 119,000] 120,270] 125,840] 118,002] +0.8] 119,000} 118,002
Consumer durable goods 36,497| 35,318] 34,890] +3.3] +12] +21] 33,789] 31,743] 35,196] 29,452] +14.7| 33,789] 29.452
UNFILLED ORDERS
All manufacturing industries.... 536,402] 543,837] 550,015 14 Ad 1.2] 542,490] 539,719] 540,125] 597,833 9.3) x) (xX)
Construction materials and supplies . 32,226] 32,596] 33,038 wd AD -1.1] 31,993] 31,874] 32,337] 36,170) 115 (x) (xX)
Information technology... . 99,088] 99,788) 100,736) 0.7 0.9 -0.3) 99,692} 99,492) 99,334 4,546) -13.0 (xX) (xX)
Capital goods... . 371,452] 378,637) 383,900 19 1.4 -0.9] 376,065] 377,738] 377,299] 409,060} 8.1 1X) (x)
Nondefense capital goods” 240,651] 245,536] 249,354 -2.0 1.5) -1.1] 242,826] 243,777] 246,504] 284,557) 14.7 (xX) (x)
Excluding aircraft.. 142,036] 143,878] 145,145 13 0.9 0.0} 142,559] 141,950] 143,944] 166,107) 14.2 X) (x)
Defense capital goods 130,801] 133,101] 134,546] 1.7] -1-1] -0.5| 133,239] 133/961] 130,795] 124,503] +7.0 0) ©)
Consumer goods... 9,170] 9,478] 9,168] -3.2| +3.4] +5.3] 9,540] 9,137] 9,041] 11,143] -14.4] 0 )
Consumer durable goods 9,170] 9,478] 9,168] 3.2] +34] +53] 9/540] 91137] 9,041} 11,143] -14.4] i) ®
TOTAL INVENTORIES
All manufacturing industries 444,439] 447,261] 451,365] 0.6] -0.9| 1.3] 442,382] 436,359] 453,358] 484,389| -8.7 (x) x)
Construction materials and supplies..... | 45,343] 45,327] 46,082| 0.0] -1.6| -1.7| 45,514] 44,491] 45,675] 49,802 -8.6 00] ~
Information technology 40.993] 41,114] 42,807] 0.3] -4.0] 2.0] 40,346] 39,131] 43,540] 50,123] -19.5| 00) x)
Capital goods. 138,323] 138,953] 140,658 0.5 1.2) -1.1] 136,487] 133,613] 142,736] 150,692) 9.4 (X} (x)
Nondefense capital goods’. 119,703] 120,191] 122,078 0.4) 1.5) 1.5] 118,054] 115,377] 124,160] 131,802) 10.4 (xX) (X}
Excluding aircraft. 95,870] 96,635] 98,340 0.8 1.7) -1.2] 94,828] 93,034] 99,402] 107,642 11.9 (X} (xX)
Detense capital goods*. 18,620] 18,762] 18,580) -0.8} +1.0]) +1.7] 18,433] 18,236] 18,576] 18,890) 2.4 (X} (X)
‘Consumer goods. wee 124,288] 124,909] 125,378 0.5) 0.4) 0.9] 123,847] 122,678] 126,367] 131,076 5.5 (X) (xX)
Consumer durable goods... 26,283] 26,280] 26,810] 0.0 -2.0) 1.7) 26,141] 25,172] 26,764] 29,188) 10.4 (X) (X)
Consumer nondurable goods. 98,005] 98,629] 98,568 0.6) +01 0.7] 97,706] 97,506] 99,603] 101,888 4.4 (x) (xX)

Preliminary * Revised

2
a

(X) Not Applicable

Topical series are regroupings of the separate industry categories.

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

Nondefense capital goods industries include: small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery;

industrial machinery; vending, laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission
equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral

equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical
equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment

and supplies.

* Defense capital goods industries include: small arms and ordnance; communications equipment; aircraft; missiles, space vehicles, and parts; ships and boats;

and search and navigation equipment.

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


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

‘Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly Percent
Industry Change
Jan Dec. Nov Dec.- | Nov.- | Oct. - van Dec. Nov. Jan. Jan.
2002" 2001" 2001 Jan Dec Nov, 2002” 2001" 2001 2001 02/01
All manufacturing industri¢s.......s0sseeee 444,439 447,261] 451,365 0.6] 0.9) -1.3] 442,382] 436,359] 453,358| 484,389 8.7
Excluding transportation... 370,985] 373,252] 378,148 0.6 13 -1.2] 369,758] 364,937] 378,882} 407,752 9.3
Excluding defense.......... 421,740] 424,261| 429.600) 0.6 12 -1.4] 419,946] 414,196] 431.454] 461,468) 2.0
Durable goods industries. 280,970] 282,718] 285,663 0.6 “1.0 -1.5] 279,079] 274,241) 287,283] 310,313] “10.1
Wood products... 9,263 9,052 9,277 +23 “2.4 25 9,472 9,081 9,497] 10,254 76
Nonmetallic mineral pr . 9,222 91361 9,550 15 -2.0 13) 9,330 9,219] 9,286] 10.268 91
Primary metals... 19.412] 19.768] 20,028 18 a aa 19,555] 19,863] 20,006) 22,751 “14.0
Iron and steel milis........ 10,429] 10,587] 10,792 15 19 -1.8] 10,496] 10,750] 10,868] 12,376) “15.2
Aluminum and nonferrous metals......... 7,238 7,401 7,397 2.2) 40.1 404 7,324 7.371 7,335| 8,536] 14.2
Ferrous metal foundries.. : 1744 1,780 1,839) -2.0 “3.2 “1.0 1,735) 4,742 1,803) 1,839) “5.7
Fabricated metal products... 32/416| 32,541 33,090| 0.4) 37 -1.5] 32,200] 31.749] 32,710) 35,504 9.3
Machinery...» a 48,228] 48,560] 49,058 0.7 “1.0 11] 47.945] 47,033) 49,393] 51,531 -7.0
Farm machinery... coe 1,985 2.027 2.047 “24 “1.0 -0.9 2,082 2,080] 2,009] 2,316] 10.1
Construction machinery 4,002 31875 3.934] 43.3 15] $1.2] 4,049] 3.873 3,952 3,933 +2.9
Mining, oil field,
and gas field machinery. 2,741 2,712 2,772 41d 2.2 16 2,667| 2,566 2,790 2,535 +5.2
Industrial machinery...... 8,294 81324 a4a7t -0.4 V7 0.8 8,184) 8.071 8.578 91250 AS
Photographic equipment, : 2,203 2,235 2,325 “14 “3.9 “3.6 2,203) 2142 2,380 2,519 12.5
Ventilation, heating, air-conditioning,
and refrigeration equipment. 4,347 4,321 4476] +0.6 3.5 2.6 4,276 4,050] 4,446 4,705 “2.1
Metalworking machinery.....-.. 5,608 5.647 5.652 -0.7 01 21 5,399 8,275 5,599 5,857 78
Turbines, generators, and other
Power transmission equipment......--. 5,878| 5,980 5,701 17] +49] +09) 5,730] 5,694 5,875 5,566 42.9
Material handling equipment. ..o....vsse- 2,337 2,407 2,467 “29 24 3.0 2,361 2,390] 2,438 2.672 11.6
Computers and electronic products 49,025] 49,280) 50,934. -0.5 3.2 2.0] 48,339} 46,978] 51,545] 60,317 19.9
Electronic computers. 2.95. 2,963 3,017] 0.2 “18 3.9 2.816] 2,795] 3,162 3,593 “21.6
Computer storage devices....... 1,313) 1,402 1,607 63) 128) +09) 1,339 1,264) 1,678 1.978 32.3
Nondefense communications
equipment... . 8,096 8,044 8,701 +0.6 7.6 1.3 7,997 7,667 9,133] 12,572 36.4
Defense communications equipment 547 533) 574 +26 Bal +91 525 511 575 5 “7.6
Audio and video equipment . 975 913 1,017 +68) -10.2' 6.2 965 871 1,075 1,110 13.1
Semiconductors... — 7,078 7,343] 7,428 “3.6 “1.2 15 7,100 7.115) 7,328 8,408 “15.6
Electronic components........ 7,886 7,856 7,979} +0.4 15 “3.6 7.815 7'596) 7,930] 10,141 -22.9
Nondefense search and navigation
equipment... 2,815 2,768 2,780] +17 0.4] +07 2,831 2,674 2,797 2,702 +48
Defense search and navigation
equipment, 3,159 3,178 3,233 0.6 17 0.3 3,081 3,032 3,242 3,070 0.6
Electromedical, measuring
and control instruments. 10,447] 10,503} 10,786] 0.5 2.6 10,265} 10,092] 10,704] 11,878] 13.6
Electrical equipment, appliances,
and components. 14,553] 14,655] 14,826 0.7 “1.2 2] 14,458] 14,172] 14,749] 15,946] 9.3
Electric lighting equipment. 1,704 1.695 1,691 +05] +02 i 1,673 1:599 1,698 4,914 “12.6
Household appliances. 2/393 2,423 2,531 “1.2 “4.3 5 2,393) 2.243 2,463 2,606 8.2
Electrical equipment 4,985 4,988 4.862 0.1 +26] 2 4972 41917 4941 4.812 +33
Batteries... 748 751 786 0.4 4.5 6 701 691 773) 778) 39
Transportation equipment... 73,454| 74,003] 73,217 -0.7 41d 6] 72,624) 71,422] 74,476] 76.637 5.2
‘Automobiles. oo 1,951 1/883 1,830] 43.6] +2.9 4 1.868 713 1,808) 2,031 “8.0
Light trucks and utility vehicles.. 1,549 1,480 11586] 44.7 “6.7 2 1,464 11342 1,645) 1.695 “13.6
Heavy duty trucks . ne 795 830 872 “4.2 4.8 4 800 787 87 1,030] -22.3
Motor vehicle bodies, parts,
and trailer 1,593] 15,819] 15,940 14 08 -2.6| 15,637] 15,812] 16,018} 17,640 4
Nondefense aircraft and parts. 30,928] 30,858] 31,154] 0.2 1.0 -23| 30,301] = 29,488] 32,153} 31,147 “2.7
Defense aircraft and parts. 10,676] 10,869) 9829 -18} +106] +02) 10574 10,333 91926] 11,094] 47
Ships and boats...... sooner 2,318 2/363 2,286 vg] +3.4f 40.2 2,297 2,274 2,292 2,221 +34
Furniture and related products, 7/545 7,618} 7,889 “1.0 “3.4 15 7,490 7,424 7,842 8.927 “16.1
Miscellaneous durable goods... 17,846] 17.874] 17,794 0.2} +0.4) os] 17,666] 17,300 17,778 18.178) “2.8
Nondurable goods industries. 163,469] 164,543] 165,702! 0.7 0.7 1.1] 163,303] 162,118] 166,075) 174,076] “6.2
Food products. seen 29,695] 29,568] 29,586] +0.4 0.1 +02) 29,919] 29,624] 30,750] 29,637 +1.0
Grain and oilseed milling. 3,403 3,368 3:257|  +1.0] +34] 42.8 3,605 3.512| 3.413 3.564 +12
Dairy products. 3,084 3.112 3,076 og] +12 14 3,005 2.857| 2,946 2.871 +47
Meat, poultry, and seafood products 6,073 6.068] 6.043; +01 +04) +03 5.941 6,093 5.458 +88
Beverage and tobacco products 13,895] 13,935] 13,806 0.3 +0.9 0.1 14,257 14134] 14,043 +15
Beverages 8,473 8.434] 8,318 +05 +14 0.4 8.458) 8.418 8,100] +44
Tobacco. . 5,422 5,501 5,488 14 40.2) 40.4) 5,799 5.716 5,943 24
Textile mills... an 5,861 6,019 6.170) 2.6 2.4 16 5.863 6.046 6,860 14.5
Textile products....... : 4.394 4420 4.443 06 05 0.9 4,363 4,335 4,852 “10.1
Apparel . 8714 8,888 9,184 2.0 “3.2 23 8,668 8.724) 10.514] 17.6
Leather and allied products vo 1,375 1,402 1,452 19) 34 17 1341 1,440) 1,557 13.9
Paper products...... 15,398] 15,575] 15,679 at 0.7 +05] 15,465 15,552] 16.246] 4.8
Pulp, paper, and paperboard mils. 6.854 6,916 6.975 -0.9 0.8] +0. 6.916 6,888 7.224 “4.3
Paperboard containers... 4.241 4.267| 4.315 -0.6 a -0.9 4,249) 4,297 4,566 6.9
Printing, . . 5.925 5.922| 5.995] +0.1 “1.2 2.6 5,653 5.971 6,391 15
Petroleum and coal products. 11390) 11,721 11.718 28 0.0 31 10,901 11,662) 12,901 “15.5
Petroleum refineries. 91681 91889 9,939 21 05 -33 9,248 91939] 11,082 “16.5
Basic chemicals . 49.860| 49.996] 50,315 0.3 06 -15] 49.750 50,358] 52,297 4.9
Pesticides, fertilizers, and other
agricultural chemicals......... 2,650 2,660 2,706 0.4 17 Cr) 2,940} 2,675] 3,131 6.
Pharmaceuticals and medicines. 18,220) 18,211 17,845 Oo) +21 14) 17.856) 18,068] 17,554 41
Paints, coatings, and adhesives. 3.174 3.144 3.210} +10 24 16 3.152 3,092 3,252 3.
Plastics and rubber products 16,962) 17,097] 17,354 08 15 13] 17/423 17,103} 18.778 8.
” Preliminary * Revised

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


Table 7. 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 Jan | Dec | Nov | Oct | san | Dec | Nov | oct

2002° | 2001" | 2001 | 2001 | 2002° | 2001" | 2001 | 2001
All manufacturing industries. 1.33] 1.37] 1.39] 1.39 oo oo (x) ~
Durable goods industries. 1.51 1.56 1.59) 1.61 4.08) 4.24) 4.30 4.31
Wood products...........- 132] 131] 1:33) 1.36 x) © ro
Nonmetallic mineral products. 1.23| 1.27] 1.30} 1.30 x) ra) oo ox)
Primary metals... — 1.69] 1.81] 1.79 1.75] 1.47] 1.58) 1.55] 1.54
Fabricated metal products. 1.60) 1.63) 1.65) 1.65) 2.04 2.09 2.09 2.10
Machinery. see a 2.04] 218] 216f 213] 263] 286) 280] 269
Computers and electronic products. 1.41 1.45) 1.53] 1,57 4.15) 4.29 4.40) 4.4)

Electrical equipment, appliances,

and components.......... 1.50) 1.48 1.48) 1.72 1.75, 1.82 1.72
Transportation equipment. 1.32] 1.36 1.43] 8.14) 8.22] 8.56] 8.96
Furniture and related products. 1.29] 1.34 1.39] 1.261 1.30] 1:27] 1.22
Miscellaneous products. 1.85) 7.80) 1:88 ox ) oo oa)
Nondurable goods industries........ va} 1.13) 113, x) 0 ~ ~
Food products. 7 0.76{ 0.77 0.77) 00 oY) ha) ©
Beverage and tobacco products. 1.411 1.40) 1:35 ra (x) 0%), x)
Textiles. - 1.65] 1.69] vee] (x) (x) ) ra
Textile products. 1.58} 1.57 1/58 ea) real x) ral
Apparel... a 1:70) 1.70) 1.86 0) ~ ~ (x)
Leather and allied products. 2.07) 2.06 2.08 (x) oo i reat
Paper products 1.21] 1.26 1.20] (X) %) x) ~
PRMINQeesccsccoeeene — 0.74) 0.74 0.75) 00, ral oo
Petroleum and coal products 0.69] 0.72 0.73) 00) (x) a ow
Basic chemicals......... a 1.46) 1.47] 147, x) (x) ~ 0
Plastics and rubber products... 1.13) 1.16 vigt (x) (x) 0) 0

° Preliminary " Revised

(X) Not Applicable
* Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products;
medical equipment and supplies; office supplies; other miscellaneous manufacturing; cutlery and handtools;

farm and garden machinery; computer storage and peripheral devices; audio and video equipment; manufacturing
and reproducing magnetic and optical media; batteries; automobiles; light trucks and utility vehicles; heavy duty
trucks; and miscellaneous furniture.

Table 8. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES
(Based on Seasonally Adjusted data)

Shipments New Orders Unfilled Orders Inventories

Jan Jan Jan Jan

Industry Jan? | 2001- Jan? | 2001 Jan? | 2001- Jan? | 2001-

Jan’ | 1997-] Dec | Jan’ | 1997-] Dec | Jan’ | 1997-] Dec | Jan’ | 1997-] Dec

2002 | 2001 | 2001 | 2002 | 2001 | 2001 | 2002 | 2001 | 2001 | 2002 | 2001 | 2001
All manufacturing industries. wx] (NAP (NA) OO} (NAY (NAD OO} (NANT INA) OG} (NA)} (NA)
Durable goods industries. 0.3] (NA)}  (NA}]—-0.6f (NAM) (NA) 0.1] (NA)} (NA) 0.0] «NA)] (NA)
Wood products... . (XO) (NA) (NA) OO) (NA)] (NA) (XP (NA) (NA) QO] (NA)} (NA)
Nonmetallic mineral products OO} (NAY (NA), OOP (A)] (INA) OO) (NA) (NA) OO] (NA)} (NA)
Primary metals. - 0.3) (NA) (NA) 0.2] (NA)] {NAN} -0.1) {NAS} (NA)} -0.4] (NA (NA)
Fabricated metal products. 0.4] (NA)] (NA) 0.3] (NA)} (NA) 0.0] (NA) (NA)}-0.1} (NA) (NAD
Machinery, cesses eevee 0.2] (NA) (NA)}  -1.0}  (NA)| (NA) 0.0} (NA)}  (NA)} 0.1] (NA)T (NAD
Computers and electronic products... 0.1] (NA)] (NA)] — -0.3f (NAD] (NA) 0.1) (NA)}  (NA)} -0.1f (NA)} (NAY

Electrical equipment, appliances,

and components. 0.1] (NAH (NAD 0.1] (NA)} (NA)} 0.1] (NADY (NA) 0.1] (NA)} (NA)
Transportation equipment. 1.2] (NA) (NA)] 1.81 (NAM (NA) 0.1] (NAN (NAD 0.2] (NA)} (NA)
Furniture and related products. OO} (NA) (NA) OO) (NA)] (NA) (XM) (NA)] (NAD Axo] (NA)] (NA)
Miscellaneous products... OO) (NAY (NA) bap (NA)] (NA) OG) (NA) (NA) OX] (NA)] (NA)
Nondurable goods industries... Od) (NA)] (NA) wo] (NAP (NA) QO] (NAT (NA) OO} (NANT (NA)
Food products... . (iP (NA)] (NA) OO] (NA) (NA) OO] (NA) (NA) OOP (NA)] INA)
Beverage and tobacco products. Qo] (NA)} (NA) OO} (NA) (NA) OO] (NA) (NA) (XP (NA)} (NAD
Textiles... se - OO) (NA) (NA) OO} (NA) (NAD OO} (NA) (NA) OQ) (NA)P (NA)
Textile products. OO} (NA) (NA) OO} (NA) (NA), OO} (NA) (NA) Oa} (NA) (NA)
Apparel. - OO} (NA) (NA) (XM) (NA)] (NA) (XO) (NA) (NA) (X]  (NA)] (NA)
Leather and allied products QO} (NA) (NA). OOP (NA)] (NA) OO) (NAN (NA) QO} (NA)] (NA)
Paper products. ()) (NA)] (NA) OQ) (NA)] (NA) OG) (NAY (NA) OO} (WA)] (NAD
Printing, o - OO) (NA), (NA) OG} (NAT (NA) DO] (NA) (NA) OOF INA] (NA)
Petroleum and coal products. Oa} (NA)] (NA) (X] (NA) (NA) OO, (NA) (NAD (X)} (NA)] (NA)
Basic chemicals...........0..-. Axo] (NA}} (NA) OO} (NA) (NA) OO] (NA) INA). OQ) (NA)} (NA)
Plastics and rubber products. QO} INA} (NA) OO} (NAY (NAD OO} (NA) INA) (OX) (NA)P (NA)

(X) Not Applicable

(NA) Not Available

NOTE: The five year and the twelve month revisions are the differences between the month-to-month percent changes of the preliminary and
final estimates. The monthly averages are the simple averages of the absolute values of the differences for the months specified. The
advance to final percent change revisions for the durable goods industries are shown in the advance report for the month.

* Average revisions of the current month for the past five years.

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

of the current month for the past five years.

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

In Table 8, the second column for each item represents the average revisions


Manufacturers’ Shipments,
Inventories, and Orders

| January
2002

For Wire Transmission

M3-1(02)-1

Total Manufacturing
Shipments and Three Month
Moving Average

Billions Of Dollars -

Total Manufacturing
New Orders and Three Month
Moving Average

fiiiifiiinis

Minit

= Shpmens

Average

i — = NewOnten Avernge

9 Billons Of Dollars

Total Manufacturing
Ratios of Unfilled Orders and Total

_ Inventories to Shipments

rick Roy, Manufacturers’ Shipments, Inventories
oC 10285-8900 ‘of call 301-457-4804 or 301-457-4814, -

Joa, Gee oa 1

scien o cS

USCENSUSBUREAU

Helping You Make Informed Decisions

U.S. CENSUS BUREAU

U.S. Department of Commerce
Economics and Statistics Administration


Nondefense Capital Goods

VW

| Nondefense Capital Goods
Shipments and Three Month New Orders and Three Month
' Moving Average Moving Average
Bilions Of Dollars Billions Of Dollars
6 76 || 84 84
80 \ 80
72 || 96 I \ f/\ 76
yy-\
nr vt n
\ oa
hy — ——-—_] «a
vy 64 64
64 - 64 aN
60 60
A Oe en OS
82 ‘Va 52
56 56 48 48
8888s Fssssess GEILE R FER EEES
£52456 3 65 & Se é ee egasee FEET aLE
SE e3 33 853558 SEe3 FSS FS ERFES
— — Shipments Average — = New Orders Average
‘a 5 .
Nondefense Capital Goods Nondefense Capital Goods
Total Inventories and Three Month Ratios of Unfilled Orders and Total
Moving Average Inventories to Shipments
Billions Of Dollars US Ratios US Ratios
140 140 |} 6.00 6.00
5.25 5.25
135 135
A4wN 450 450
130 130
aN 375 37s
125 — W25
aN 3.00 3.00
120 -#—-—--— 120
2.25 2.25
Ws Vs 1.50 1.50
88888235553 5s 8 | 8888885555 558
es e556 3 i eS aR E
£22538 8S F238 8 See 8S SFR ES
— = Inventories Average —_—_—— Ss uo/s

Note: All charts based on seasonally adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATION,

BY INDUSTRY GROUP

(Millions of Dollars)

Seasonally Adjusted

Not Seasonally Adjusted

Monthly Percent Change Monthly Percent
Industry Change
Jan Dec. Nov. Dec.- | Nov.- | Oct. - Jan, Dec. Nov. Jan Jan.
2002" 2001' 2001 Jan. Dec Nov. 2002° 2001" 2001 2001 02/01
MATERIALS AND SUPPLIES
Ail manufacturing industries. 145,308] 146,418] 148,989 0.8 aq 145,880] 145,908] 149,493] 164,967 11.6
Durable goods industries 88,547] 89,291 90,760) 0.8} 1.6 ae 88,856] 88,936 91,527| 102,700 13.5
‘Wood products. te 3,637 3,594 3,647 +12 15 0. 3,910 3,886 4,048] 4,201 6.9
Nonmetallic mineral products. 3,255 3,263 3,330] “0.2 2.0) 0. 3,280 3,283 3,359] 3,424 -4.2
Primary metals, 6,487 6.531 6,703} 0.7 2.6 0. 6,575} 6,751 6,847 7,748 “15.1
Fabricated metal products. 10,140] 10,022] 10,195 +12 17 1 10,116] 10.057] 10,104] 11,313 10.6
Machinery 17,385] 17,591 17,766} 1.2 vol +0. 17.444] 17.238] 17,734 18,467 5.5
Computers and electronic products... 16,937 17.062) 17,574 0.7 2.9 2. 16.592| 16,619] 17.593] 22.454) 26.1
Electrical equipment, appliances,

and components. 5,364 5,445 5,533 15 1.6 3. 5,350 5,415] 5,592 6,293 “15.0
Transportation equipment. 16,108] 16,407] 16,508 13) 0.6 -0: 16,334 16,392] 16,737) 18,664] “12.5
Furniture and related products. 3,001 3,085 3.198] 2.7 “3.5 0. 3,027 3,082 3,210 3.673 17.6
Miscellaneous products 6,233 6,291 6,306} 0.9) 0.2 0. 6,228] 6.212 6,303; 6,463) 3.6

Nondurable goods industries. 56,761 57,127} 58,229 -0.6 19) -0. 57,024] 56,972| 57,966] 62,267 8.4
Food. products 10,254 10,220] 10,317 +0.3] -0.9 0. 10,484| 10,223) 10,440] 10,957 43
Beverage and tobacco products. 5,894 5,862 5.829] +05, +06] +0. 6,178 6,058 5,672 6,091 +14
Textiles. 1,503 1,543 1,609) “2.6 “41 3. 1,520 1,535 1,581 1,926) “21
Textile products... 1,486 1/508 1,524) 15 “1.9 3 1,459 1,459 1,479) 1,727 “15.5
Apparel. 1875 1.875 1,990) 0.0 5.8 3. 1,882 1,874 11949) 2,453 23.3
Leather and allied products se 329 330 353 -0.3 6.5 “4, 323 321 341 433) 25.4
Paper products. 7,297 7,353 7,425 -0.8 10} +0. 7,329 7,381 7,399 7,742 “5.3
Printing ...... 247 2503 2,631 1.3 43 2. 2,427 24n 2,638) 3,027 19.8
Petroleum and coal products. 3,311 3,551 3,616 “6.8 1.8 4. 3,089 3,404) 3,546 3,742 175
Basic chemicals....... 15,410] 15,438] 15,853 -0.2 26] +0. 15,412] 15,368] 15.858] 16,746] “8.0
Plastics and rubber products. 6931 6,944 7,082 0.2 1.9 1. 6,920] 6,932 7,063; 7,423 6.8

WORK IN PROCESS

All manufacturing industries... 132,516] 132,095] 132,681 +03 0.4 - 130,975] 127,031] 134,637] 140,767 7.0
Durable goods industries... 104,739] 104,576] 105,221 +0.2 0.6 1 103,207] 100,196] 106,551] 110,989) 7.0
Wood products. 1,882 1,856 B60] +14 0.2 “3. 1,883) 1,808 2,024 7.0
Nonmetallic mineral products. 1,320 1,346 1414 19 4.6} 2. 1,323 1,279 1,568 “15.6
Primary metals....... 6,563 6.646 6,798 12 2.2 a 6,578 6,590] 7,640) “13.9
Fabricated metal products. 11,2041 11,189} 11,332 +01 13 0. 11,066] 10,747 11,492 3.7
Machinery... 13,973] 14,049] 14,408 0.5 2.5 1 13/525] 13.327 14,794) 8.6
Computers and electronic products 17,263] 17,306} 17,814] 0.2 2.9 2. 16,891 16,138 18,823 -10.3

Electrical equipment, appliances,

‘and components. 3,370] 3,386] 3,455 0.5 “2.0 2 3,304] 3,219 3,956 16.5
Transportation equipmen 44556] 44,2291 43,528] +0.7|+1.6) 2 44,143] 42,736) 45,849) “2.7
Furniture and related products. 1,530 1,508 1,542 +1.5| “2.2 0. 1,533) 1,493 1,813 15.4
Miscellaneous products... 3,066 3,061 3,073] +0.2 0.4) 0. 2,960] 2,859 3,030 “2.3

Nondurable goods industries. 27.777| 27,513] 27,460] +0.9] —-+0.2 ae 27,768} 26,835) 29,778 6.7
Food products 2,488) 2,463 2484) +1.0 08 -0. 2,560 2.614 2621 2.3
Beverage and tobacco products. 3.284 3.239 3.286] +14) 14 -0. 3,453) 3411 3.451 +01
Textiles. 1,442 1.477 1,525] “2.4 3.1 4 1,451 1.432 1,805] “19.6
Textile products. 875 876 877 01 0.1 +0. 865 831 934) 74
Apparel... 1,605 1,625 1,669 “1.2 2.6 1 1,613 1,501 2,194] 26.5
Leather and allied products. 153 154) 163 06 5.5 “4, 153 147 246 37.8
Paper products 1,380) 1,401 1,413 15 1.3 0 1,425 1.431 1,521 -6.3
Printing ... 1715 1,740 1,664 14) +46 5 1,627 1444 1,829) 110
Petroleum and coal products. 2.588 2,605 2,526 o7} +31 4. 2/506} 2,391 2834 “11.6
Basic chemicals. 9,907 9,572 91424] +35] +16 2 9,724] 9,345 9,820] “1.0
Plastics and rubber products. 2,340 2,367 2,423 om 2.3 0. 2,391 2,288] 2,523 5.2

FINISHED GOODS:
All manufacturing industries. 166,615] 168,748] 169,695) 1.3 0.6 165,527] 163,420] 169,228] 178,655 7.3

Durable goods industries. 87,684} 88,851] 89,682 13 9 -1.3] 87,016] 85,109] 89,205] 96,624 9.9
Wood products. 3,744 3,602 3.770] +3.9 5| “4.2 3,679 3,387 3,589) 4,028 8.7
Nonmetallic mineral products. 4.647 4,752 4,809 “2.2 2 15 4,727 4.657 4,605 5,276 10.4
Primary metals... 6,362| 6.591 6,527 “3.5 .0| a1 6,401 6,522 6,398] 7,363 “13.1
Fabricated metal products... 11,072] 11,330] 11,563 2.3 0 -2.5{ 11,018] 10,945] 11.325] 12,699) 13.2
Machinery. 16,864] 16,920] 16,884 -0.3 2 -1.8] 16,976] 16,467] 16,949} 18,270 Pal
Computers and electronic products. 14.819] 14,912] 15,546 -0.6 1 -1.0) 14,856] 14,221 16,053] 19,040 -22.0
Electrical equipment, appliances,

and components... . 5,825) 5,824) 5,838 0.0 2) +18 5,804 5,538 5,726 5,697 41.9
Transportation equipment 12,790] 13,373] 13,181 44 5 -0.3] 12,147] 12,294] 13,074) 12,124 +0.2
Furniture and related products. 3,014] 3,025 3,149 0.4 9 29 2,930] 2,849 3.110) 3.441 14.9
Miscellaneous products. 8547 8.522| B415] = +03 3 0.8 8.478 8,229) 8,376) 8.685 “24

Nondurable goods industries. 78,931 79,897} 80,013 1.2 1 1.0} 78,511] 78,311 80,023] 82,031 4.3
Food products... 16,953) 16,885] 16,785 +04 6 +0.6) 16,875] 16,781 17,467| 16,059 45.4
Beverage and tobacco 0 products. any 4.834) 4,691 24 C) 0.3 4.625) 4,752 4,926 4,501 +28
Textiles....... 2,916 2,999] 3,036 2.8 2 0.9 2,892 2,842 2,961 3,129] -7.6
Textile products. 2,033 2,036 2,042| 0.1 3 +02 2.039] 1,945) 1,976 2.191 6.9
Apparel. 5,234 5,388 5.525 2.9 5 2.3) 5,173 5,207 5,132 5,867 118
Leather and allied Broduct.. 93) 918 936 27 9) -0.2 865 866 939 878 15
Paper products. 6,721 6,821 6,835 15 2 +1.0 6711 6,688) 6,768 6,983 “3.9
Printing 1,739 1,679 1,700] +3.6 12 05) 1,599) 1,623 1,656 1,535 44.2
Petroleum and coal products. 5,481 5,565 5,576 13 2 1.9 5,306 5,149) 5,555 6,325 “16.1
Basic chemicals... 24,543] 24,986] 25,038 18 2 24| 24614] 24,781 24,972] 25,731 -4.3
Plastics and rubber products. 7.691 7,786 7.849] 12 .8| -0.9 7,812 7.677, 7.671 8,832 15

” Preliminary " Revised

See note at end of Table 2 relating to survey error and revisions,


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
Jan. Dec. Nov. Dec. Nov. Oct. - Jan. Dec. Nov. Jan. Jan.
2002” | 2001" | 2001 | Jan. | Dec. | Nov. | 2002" | 2001" | 2001 | 2001 | 02/01} 2002 2001
All manufacturing industries..... 326,811] 320,616] 318,379] +1.6] +0.2] 4.3) 302,183) 320,151] 313,679] 316,517] -4.5] 302,183] 316,517
Excluding transportation. 274,791) 271,610] 270,247 +1.2) +0.5) 0.9) 253,480} 267,330] 265,624) 270,890} 6.4) 253,480) 270,890
Excluding defense... 319,138] 313,769] 311,826 +127] +0.6) 0.3] 294,978} 307,063] 307,177) 310,509} 5.0] 294,978) 310,509
Durable goods industries... 178,026] 174,498] 172,952 +2.0) +0.9) 6.1] 165,003) 180,007} 168,880} 173,713} 5.0) 165,003) 173,713
Primary metals. 11,104] 10,778] 10,823] +30] 0.4] 0.4] 11,357] 9,783] 10,511] 12,482] 9.0] 11,357] 12,482
Iron and steel mils... 4i7e8] 41871] 4/626, 1-7] +5.3] +13) s.018] a/azi] 4.436] S.g3a] 5.9 5,018 $1334
‘Aluminum and nonierrous metals s.oae] 4,664] 4/996] +82) 6.6] «1.41 5,073] 4,267} 41906] 5.932] 14.5] 5,073 5,932
Ferrous metal foundries.. 1,270] 11243) 1201 +22] +35] 2.1] 1268] 1,098] 1,169] 1,216] +41 1,266 1,216
Fabricated metal products. 19,983] 19,647 19,488) +17) +0.8) “1.2 18,923} 17,852) 18,966) 19,455] °2.7) 18,923] 19,455,
Machinery. 22,790} 22,474 22,616] +14) 0.6] +2.0) 20,591 21,974) (21,217) 23,483] 12.3] 20,591 23,483
Construction machinery, Vsao] “tag2} “Vag5s} +3:9] -o'9] +18] 1/508] tats] 11353] 1.521] 0.9 1,508| 11521
Mining, oil field, and

gas field machinery. 1,029] 993] 1,041] +3.6] 4.6] +46 996 1,012| 980) gos] -0.2 996| 998
Industrial machinery... 3,417) 3,093] 3,158} + 10.5) “21 +1.6) 3,659) 3,171 2,942) 4,325) 15.4 3,659) 4,325
Photographic equipment. 1,189} 1,242] 1,178 4.3 +5.4) 12.7) 1,013} 1,285} 1,189) 946) +74 1,013] 946
Ventilation, heating, air-conditioning,

‘and refrigeration equipment. 2,659] 2,458] 2.505] +83) 20] orf 2,389] 2,222] 2,376] 2,521] -5.2| 2,389 2,521
Metalworking machinery 21053] 1/988] 1318] +34] +35] -8.] 1.700] 185] 2,148] 1/893] 10.2] 1,700] 1893
Turbines, generators, and other

power transmission equipment. 3,024 3,325) 3,038) 91 +9.4) +27.6) 1,996] 3,829 2,851 3,018} -33.9) 1,996) 3,018
Material handling equipment....... 1.337] 1.315) vso7] +17, -12.7) 44.5) 1,325] 141 1,368) 1,888]  -29.8] 1,325] 1,888

Computers and electronic products. 33,961 33,328) 32,181 +19) +3.6) +0.8) 30,062 41,015) 31,369 36,155) 16.9) 30,062] 36,155
Electronic computers...... e 5,536] 5,283] 5,581 + 4.8) 5.3) 1.3] 4,361 6,033] 5,493] 5,855) 25.5) 4,361 5,855
Nondefense communications

equipment....... 7m se 5,429 5,039) 5,293 +7.7) -4.8) +14) 4,490} 7.891 5,143] 7,378) 39.1 4,490} 7,378
Defense communications equipment. 320] 445} 23) -28.1) +91.0| +21.4 273| 496 223 273] 0.0} 278} 279
Semiconductors. 6,998] 6,127) 5.318) + 14.2] +15.2] -3.7] 7.155) 6,134] 4,884) 6.478] +10.5] 7,155) 6.478
Electronic components. 3,615) 3,783) 3,743] 4.4) +h +24 3,629) 3,787) 3,663) 5,479) -33.8) 3,629) 5,479
Nondefense search and navigation

equipment 676 en ssa] +106] +29] 41.5 613] 697 594 sea] 45.1 613] 583
Detense search and navigation

equipment. . 1,421 1,591 1,452] -10.7] +9.6 5.2] 1,301 2,934] 1,494) 1,700) -23.5) 1,301 1,700
Electromedical, measuring,

and controt instruments. 5,305] 5,580] 5,341] a9] +45] +39! 4,749] 6.515] 5,145] 4.771] 0.5) 4,749 47

Electrical equipment, appliances,
and components...... senna 9,147 9,622) 9,941 49 3.2] +19] 8,081 9,655, 9,657) 9,820} 17.7] 8,081 9,820
Electric lighting equipment. 1,146] 1,108} 1,099} 43.4) +0.8] 7.4] 986) 1,342) 1,047) 1,062 7.2 986} 1,062
Household appliances. 1,885} 2,193) 2,161 14.0] +1.5] +6.3] 1,717) 2,184} 2,239} 1,809} 5.1 1,717) 1,803
Electrical equipment. 2,586) 2,872 3,194) 10.0} 10.1 +96 2,198 2,903} 3,001 2,733) 19.6 2,198] 2,733
Transportation equipment........ 51,020) 49,006 48,132, +41 + 1.8) 20.0 48,703) 52,821 48,055) 45,627 +6.7| 48,703 48,627
Motor vehicle bodies, parts.

and trailers... . . 16,675 16,548) 16,594) +0.8) -0.3 +44 16,190) 14,465) 16,760) 15,183) +6.6 16,190} 15,183
Nondetense aircraft and parts 4i331] 5.210] 4493] 5.4] +16.0] -1'5] 4,386] 9,055] 4.095] 6.982] -37.2 4,386; 6.982
Defense aircraft and parts. 3,033} 1,832 2,598] +65.6) -29.5) 83.0] 3,781 3,660) (2,387 2,457) +53.9] 3,781 2.457
Ships and boats. . 1,139} 1,123} 1,545) +14) °27.3) +05) 1,210} 1,927) 1,484} 1,191 +1.6] 1,210} 1,191

Furniture and related products 5891] 5,762] 6.757] +22] +0.1{ +3.4] 5/610] 5.099] 5670/5900] 4.9 5.610] 5,900

° 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 de
Current industrial Reports: M3-1(00),

ils on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication,
janufacturers’ Shipments, Inventories, and Orders: 1992-2000."


Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS FOR INDUSTRY GROUPS

(Millions of Dollars)

Seasonally Adjusted

Not Seasonally Adjusted "

Monthly Percent Change Monthly Percent] to date
Industry [Change|
Jan. | Dec. | Nov. |Dec.-|Nov.-|Oct.-] Jan. | Dec. | Nov Jan. | Jan.
2002” } 2001 | 2001 | Jan. | Dec. | Nov. | 2002} 2001" | 2001 | 2001 |02/01] 2002” | 2001
All manufacturing industries. 333,246] 326,794] 324,866] +2.0] +0.6) -1.2)299,412]320,557| 322,099] 310.698] 3.6] 299,412] 310,698
Excluding transportation 277,533) 272,570] 271,785} +18} +0.3| -1.9] 250,385] 268,749] 268,311] 268,454) | -6.7) 250,385] 268,454
Excluding defense. 324/959] 318,468] 317,455] +2.0] +0.3) -1.31 292,709] 310,832] 314.447] 305,253] -4.1| 292,709} 305,253
Durable goods industries. 185,461] 180,676] 179,439] +2.6] +0.7|  -0.4) 162,232] 180,413] 177,300] 167,894] -3.4} 162,232] 167,894
Wood products. 7,034] 6,932] 6963] +15] 04] -o.1] 6079} 6,113] 6,520| 5,759] +56] 6,079 5,759
Nonmetallic mineral products. 7491 7/358] 7/332] +18] +0.4) -1.3] 6593] 6151] 7,186] 6.559] +05] 6,593] 6,559
Primary metals. 11/458] 10,901] 17/215] +51] -2:8] -2.9] 11031] 9/545] 10,915] 11.934] 7.6] 11/031] 11.934
Iron ‘and steel mills. 41962] 4.828) 4/840) +28) 0.2) -2.8] 4,789) 4,155] 4.632] 5,087} 5.9) 4,789 5,087
Aluminum and nonferrous metals. 5,248] 41842] 51130] +84] 56] 3.7) 5,066] 4.357) 5,057) 5.637) -10.1 5,066, 5.637
Ferrous metal foundries. 7248] 11231] 11245] 41.4) 1.1] +0.2] 1,176] 1.033] 1.226] 1.210) 2.8 1.176) 1.210
Fabricated metal products. 20,258] 19,917] 20,089] +1.7| 0.9] -1.0] 18/554] 18/147) 19.772] 18.869] -1.7| 18,554) 18,869
Machinery 23/605] 22.319] 22,721] +5.8| -1.8] 3.5] 19,958] 22/552] 21301] 22.346] -10.7| 19,958] 22,346
Farm machinery.. 1475] 1/551] 1,494] 49] +3.8{ +47] 11302] 1/204] 1,106] 1,193) +91 1,302 11193,
Construction machinery raga] 1486] 11547] +0.) 39) -42] 1317) 11359] 1,339] 11515] 13.1 11317 1/515
Mining, oil field, and
gas field machinery. 1,018] 1,053] 1,063} -3.3] 09] +06 930] 1,143] 1,003) 926] +04 930] 926
Industrial machinery. 31463} 3.321] 3,118] +43] +65] -16] 3,196] 3gaa] 2:791/ 4.141] -22.8 3.196 4141
Photographic equipment vi2ai] 1.262) 1.170) -1.7] +79] 13.5} 1018] 11348] 1,178] 1054) -3.4 1,018 1,054
Ventilation, heating, air-conditioning,
and refrigeration equipment. 2,602] 2,589] -1.8] +05] +22) 2,109] 2,385] 2.432) 2,262) 68] 2,109 2,262
Metalworking machinery 2.050] 2/042) +2.5] +0.4] -8.1) 1601] 2,105] 2,272) 1.876) -14.7 1601 1,876
Turbines, generators, and other
power transmission equipment. 3,459} 2,314) 2,933] +49.5] 21.1] 9.2) 2,367] 2,843] 2,823] 2,502] 5.4 2,367 2,502
Material handling equipment...... 1562} 1/470] 1503] +6.3] -2.2] -2.8] 1.463) 1.430] 1,404] 11823] -19.7 1,463 1,823
Computers and electronic products. 34/666] 34,003] 33/232] +19] +23] +0.2) 28.558] 41,237] 33.113] 36,095] -20.9] 28,558] 36,095
Electronic computers... 5.469] 5.389] 5.436] +1.5| -0.9| +15] 4.466] 6.641] 4,968] 6,225] -28.3, 4:466| 6,225
Computer storage devices. 1,263] 1.226| 1,106] +3.0] +10.8]  -4.7 813] 1,971 991 856] 5.0 813 856
Nondefense communications
equipment, . 5,568] 5,698] 5,528] -2.3] +3.1] -2.4] 4,146] 8,053] 5.318] 5,944] -30.2 4,146] 5,944
Defense communications equipment 326| 299) 281] +90) +64] -1.7 287 327 277 239) +20.1 287 239
Audio and video equipment... 946] 1,214] 1,069] -22.1] + 13.6] +13.7 803] 1,406] 1,206 784) +24 803 784
Semiconductors... 6,830] 5,908] 5,900] +15.6] +01! 4.8] 5,963} 6,560] 6.294] 8,319] -28.3 5,963 8,319
Electronic components. 3936] 3.881) 3,961] +1.4] 20] +24] 3.508] 3,935} 4,136] 5,128] -31.6] 3,508] 5.128
Nondefense search and navigation
equipment. 725 707 687| +25] +29] 0.3 637 766 697 636] +0.2 637 636
Defense search and navigation
‘equipment. 1,705} 1,755} 1,721] -2.8) +2.0) +1.8] 1,469] 2,117] 1,754] 1,538] 4.5 1,469) 1,538
Electromedical, measuring
and control instruments. 5,446] 5.497] 5,092] 0.9] +80] +19] 4,597] 6,310] 4,939] 4,434) +3,7 4,897 4,434
Electrical equipment, appliances,
and components. a 9,735] 9,925] 9,693] -1.9] +24] -4.2| 8,237] 10,042] 9,330] 9,693] -15.0] 8,237 9,693
Electric lighting equipment. 1156] 1,153] 11105] +0.3] +4.3] 8.7 985| 1341] 1,110] 1.053] 6.5 985 1,053,
Household appliances. 21092} 2:162| 2074) -3.2) +42] 0.3] 1,738] 2,116] 11983] 1.667] +43 1,738 1,667
Electrical equipment. 2.861} 3.029] 3.014) 55) +05] -1.3] 2.348] 3.228] 2,744] 2,740] -14.3] 2.348) 2,740
Batteries. 525 503 sis] +44] 23, 52 418) 530] ‘647 436] -4.1 418, 436
Transportation equipment 95,713] 54,224] 53,081] +2.7] +2.2) +2.3| 49.027] 51,808] 53,788] 42,244|+16.1] 49,027) 42,244
‘Automobiles. “| 9120] 81220] 7\997] +109] +28] 1:9} 8.422] 7/024] 8,138] 6,702) +25.7] 8.422] 6,702
Light trucks and utility vehicles. 12,275] 11/404) 11,277] +7.6] +11] +4.7] 11,329] 91745] 11.431| 8.668] +30.7] 11,329] 8.668
Heavy duty trucks _ 925 946 886) -2.2] +68] 6.3) ait 810] (831 91a) 11.7 ait 918
Motor vehicle bodies, parts,
and trailers. 16,916] 16,636] 16,624] +1.7| +0.1] +2.3] 15,889] 14,070] 16,687] 14,779] +7.5} 15,889] 14.779
Nondefense aircraft and parts... 7.713) 8.312] 8,504] -7.2| 23] +48] 5.685] 10,339) 8,738] 5.605] +14 5.685) 5.605
Defense airoraft and parts. 21910] 2.731) 2,819] +66] -3.1|+14.8] 2.258] 3.476] 2.987) 1.721) +31.2 2,258) 1,721
Ships and boats. 1,776] 1,717) 1,761) +3.4| 25] -1.3] 11445] Ve6o] 1.691] 1452] -0.5 1/445 11452
Furniture and related products. 51842] 5,681] 5.683] +28] 0.0] -16] 5.483] 5,408] 5.639] 5.896] 7.0] 5,483 5,896
Miscellaneous durable goods. 91653] 9.416] 9.430] +26) 01] 1.1] 8.712] 9.410] 9.736] 8.499] +25 8.712] 8.499
Nondurable goods industries. 147,785] 146,118] 145,427] +1.1] +0.5|  -2.1] 137,180] 140,144] 144,799] 142,804] 3.9] 137,180] 142,804
Food products. 39,262] 38,598] 38.441] +1.7] +0.4] -0.3] 37,086] 38,605] 39,649] 35,199] +5.3] 37.056] 35,199
Grain and oilseed milling 4'238| 4/238] 4.215] 0.0] +05] +03] 41195] 4.060] 41421] 4.076] +29 4.195] 4.076
Dairy products. 5.782] 5.661] 5.619] +21] +0.7| -4.3) 5:397| 5.586] 5.841] 4.869] +108 5.397) 4.869
Meat, poultry, and seafood products... | 11,771] 11,709] 11,684] +0.5] +0.2} +1.2] 10,938] 11.616] 11:877| 10,395] +5.2) 10,938) 10,395
Beverage and tobacco products. 9/828] 9.923] 9.410] -1.0] +55! 80] 8.694) 9,285! 9.216) 8.439] +3.0] 8.694] 8.439
Beverages. 5.768] 5,904] 5,884] 2.3} +0.3] +1.9] 4882] 5.451] 5.678] 4.642) +5.2 4.882) 4.642
Tobacco, 4,060] 41025] 3/526] +0.9]+14.2| 21.0] 3/812] 3.834 3.538} 3.797] +04) 3,812 3,797
Textile mills. 3/543] 3/569] 3,534] 0.7] +1.0] -63] 3.123] 3,293) 3.448] 3.697] -15.5 3.123 3.697
Textile products. 2.785] 2.822! 2,849] 1.3) -0.9] +0.6) 2.413] 2512| 2.723) 21418] 0.2 2.413 2.418
Apparel 5,122] 5,228] 5,018] -2.0] +4.2] -0.9] 41503] 4.218] 4.989] 4,763] 5.5 4,503} 4.763
Leather and allied products. 665 682] 698) -2.5] -2.3) -1. 567 809] 727 718) -21.0) 567 718
Paper products. 12,206] 12,393} 12,563] +25] 1.4] 3.5] 12,347) 11,926] 12.454] 13,179] -63) 12,347) 13,179
Pulp, paper, and paperboard mills. 5.692] 5.517} 5,719] +3.2) -3.5] 5.7) 5.623] 5.297] 663) 6,262] -10.2 5,623 6.262
Paperboard containers. 3.972) 3.875| 3.844) +25] +08 -3.0] 3,847) 3603] 3.788] 3,972) 3.1 3,847 3.972
Printing. svooeee 8.059] 8.015] 7.979] +05] +05] -2.4) 7454] 8142] 8507] 8,009] 6.9 7,454 8,009
Petroleum and coal products. 16,525] 16,195] 15.691] +2.0] +3.2] 5.8] 14830] 15.294] 15.686] 18,306) 19.0] 14,830) 18,306
Petroleum refineries. 14/900] 14,685] 14,117] +15] +40] 6.1] 13671] 14164] 14/191] 16.909] 19.1] 13.671] 16,909
Basic chemicals. 34/217] 33,898] 34/625] +09] 2.1] 0.6] 32,162] 33,090] 33.411] 34.441] 6.6] 32,162} 34,441
Pesticides, fertilizers, and other
agricultural chemicals. 1,645| 1,638] 1,809] +04) 9.5] +7.2) 1,435) 1,277] 1.217] 1,595] -10.0 1,435 1,595
Pharmaceuticals and medicines. gi451] 9.673] 9.864] 23] 1.9] +0.8] 9/272] 10,152] 9.944] 10,069] -7.9] 9.272] 10,069
Paints, coatings, and adhesives. 2951] 2.527] 2\549) +09] 0.9] +14) 2.303] 2157{ 2.332) 2.264) +1.7 2/303) 2,264
Plastics and rubber products. 15,073] 14789] 14.619] +19] +12] -1.1] 14,031] 12:970] 13:989] 13.635] +29] 14.031] 13,635

° 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


Summary

New orders for manufactured goods in January increased $5.2
billion or 1.6 percent to $325.8 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a 0.7
percent December increase. New orders for January 2002 were 3.4
percent below January 2001.

Shipments increased $6.5 billion or 2.0 percent to $333.2
billion, following a 0.6 percent December increase. Shipments for
January 2002 were 4.1 percent below January 2001.

Unfilled orders, down twelve of the last thirteen months,
decreased $7.4 billion or 1.4 percent to $536.4 billion, following a
1.1 percent December decrease. The unfilled orders-to-shipments
ratio was 4.08, down from 4.24 in December.

Inventories, down twelve consecutive months, decreased $2.8
billion or 0.6 percent to $444.4 billion, following a 0.9 percent
December decrease. The inventories-to-shipments ratio was 1.33,
down from 1.37 in December.

New Orders

New Orders for manufactured durable goods in January
increased $3.5 billion or 2.0 percent to $178.0 billion, revised from
the previously published 2.6 percent increase.

Transportation equipment, led by motor vehicles and parts, had
the largest increase, $2.0 billion or 4.1 percent to $51.0 billion.
Computers and electronic products, up four consecutive months,
increased $0.6 billion or 1.9 percent to $34.0 billion, due to
semiconductors.

New orders for nondurable goods increased $1.7 billion or 1.1
percent to $147.8 billion, led by an increase in food products.

Shipments

Shipments of durable goods in January increased $4.8 billion or
2.6 percent to $185.5 billion, revised from the previously published
2.9 percent increase.

Transportation equipment, up four consecutive months, had the
largest increase, $1.5 billion or 2.7 percent to $55.7 billion, due to
motor vehicles and parts. With the largest increase on record,
machinery increased $1.3 billion or 5.8 percent to $23.6 billion,

mostly due to turbines, generators, and other power transmission
equipment. Computers and electronic products, up four
consecutive months, increased $0.7 billion or 1.9 percent to $34.7
billion, due to semiconductors. Primary metals increased $0.6
billion or 5.1 percent to $11.5 billion; this was the largest
increase since December 1994.

Shipments of nondurable goods increased $1.7 billion or 1.1
percent to $147.8 billion. Food products had the largest increase.

Unfilled Orders

Unfilled Orders for durable goods in January, down twelve of
the last thirteen months, decreased $7.4 billion or 1.4 percent to
$536.4 billion, revised from the previously published 1.3 percent
decrease.

Transportation equipment, down seven of the last eight
months, had the largest decrease, $4.7 billion or 1.7 percent to
$272.0 billion. Machinery, down six of the last seven months,
decreased $0.8 billion or 1.4 percent to $57.2 billion. Computers
and electronic products, down fourteen consecutive months,
decreased $0.7 billion or 0.6 percent to $124.4 billion.

Inventories

Inventories of durable goods in January, down twelve
consecutive months, decreased $1.7 billion or 0.6 percent to
$281.0 billion, unrevised from the previously published 0.6
percent decrease. Durable goods inventories were at their lowest
level since November 1997.

Transportation equipment, down seven of the last nine
months, had the largest decrease, $0.6 billion or 0.7 percent to
$73.5 billion. Primary metals decreased $0.4 billion or 1.8
percent to 19.4 billion. Machinery, down ten consecutive months,
decreased $0.3 billion or 0.7 percent to $48.2 billion.

Inventories of nondurable goods, down twelve consecutive
months, decreased $1.1 billion or 0.7 percent to $163.5 billion.

By stage of fabrication, January finished goods decreased 1.3
percent in durables and 1.2 percent in nondurables. Work in
process increased 0.2 percent in durables and 0.9 percent in
nondurables. Materials and supplies decreased 0.8 percent in
durables and 0.6 percent in nondurables.

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

For data, call 301-457-4673. For inquiries, contact Lee Wentela or Derrick Roy, Manufacturers’ Shipments, Inventories, and Orders Branch, Manufacturing and Construction

Division (MCD), Washington, DC 20233-6900, or call 301-457-4832 or 301-457-4814.

The advance report on durable goods for February is scheduled for March 26, 2002 at 8:30 a.m and the full report on April 2, 2002 at 10:00 a.m. For sale by the Superintendent

of Documents, U.S. Government Printing Office, Washington, DC 20402.