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

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July| Aug] July-|— June- Sept. Aug. July Sept.] Sept.
1996" 196" 1996] Sept.| Aug, July 1996" 1996" 1996 1995} 96/95
All manufacturing industries 437,134] 435,687] 434,446 +03 +03 40.1] 436,368] 438,946} 436,123] 429,504 +16
Manufacturing industries
with unfilled orders 293,314] 292,712] 291,706} +02] 40.3)  +0.2| 292,814] 296,632) 294,500] 287,915) +1.7
without defense capital goods 418/096 | 416572| 41s174] +04) +03] 40.2] 417,043} 419,354] 416,422] 408,999] 42.0
Durable goods industries 276,423 | 275,926} 274,807} +0.2| +04] +04] 275,527] 278,690} 276,168] 267,567) +3.0
With unfilled orders : 253,699 | 253.024) 251.958] +03} +04] +03] 253,187] 256,158] 253,971] 245,979) +2.9
Stone, clay, and glass products 8,261 8252] 8.205] +01] 40.6] -0.8] 8,105 8.255 8311 8,504 “47
Primary metals. . 23,905] 23,612] 23,585] +12] +02 -0.7| 23,867] 23,685} 23,715] 23,716} +0.6
Blast furnaces, steel! mills 11,932] W71S} S64] HO] +13 01} 14932 11714] 14,662] -11,472] +40
Iron and steel foundries... . - 1,475 1,453 1456] +15 02] +09 1447 1,439 1,455 1347] +74
Nonferrous and other primary
metals 10,498] 10,444] 10,535] 40.5 09 -17} 10,488] 10,532] 10,598] 10,897 38
Fabricated metal products: | 26194] 26133) 26,008} +02] +05] +13] 25,947] 26,216] 26,246] 26,518 -22
Industrial machinery and equipment | 58,737] 59,201] 59,222 0.8 00 +08] 58084] 59,940] 59,222] 56,799] 42.3
Engines and turbines 3,836] 3,862] 3,837 o7{ 40.7) 413) 3,922] 4102] 3,908] 4,079) 38
Farm and garden machinery 2844] 2,392) 2.914 17 -0.8 0.5 2,668] — 2,691 2,662| 2,603] +25
Construction, mining and
material handling equipment 7222) 7,215] 7,172 o1{ +06) +03 7,187 7,158 7,088 7,029] +18
Metalworking machinery 7,020 7,123 7,087 “14 +05 40.1 7,083 TAl4 7,248 6,867 43.1
Computer and office equipment 12,756] 12,952] 13,139 “15 “14 +11 12,322 13,451 13,350] 12,448 1.0
Electronic and other
electrical equipment 41,091] 41,062} 40954] 40.1] +03 03] 41018] 41,731] 41,484] 39,826] +30
Electrical transmission and
distribution equipment and
industrial apparatus . 4728| 4,679) 4,678 1.0 0.0 -0.1 4740] 4,752] 4,726 5,201 89
Household appliances 2,803] 2,753 2,691 8] +23) +20] 2638] 2669] 2,651 2,535] +4.
Electric lighting and
wiring equipment... 6.0... ++ 3,282) 3,314] 3,324 -lo} 03] +08] 3,249] 3,377 3,396] 3,420] 5.0
Household audio and
video equipment 1,516 1,538 1,560 14] 0-14 -04 1,581 1,664 1,671 1,590 -0.6
Communications equipment 11344] 11268] 10.977] 40.7] +2.7 OL] 11301] 11431] 10,965] 10,314] +9.6
Electronic components 13,853] 13,943} 14,168 -0.6 16} -L | 13,908) 14.167] 144tt] 13.254] +49
Transportation equipment 67476| 67.112] 66.855) 40.5] +04] = 40.7] 67,758] 67,947 | 67,092 | 63,710) +6.4
Motor vehicles and parts . 15,792] 15,812] 15,869 0.1 04} 421] 15894] 16,073] 15.874) 15,423] 43.4
Aircraft, missiles,
space vehicles, and parts. 46,497| 46,095] 45,897] 409] +04] +01] 46,782] 46,669] 46,149] 43,370] +79
Shipbuilding and tanks . . . 1941 1,859 1802] +44] 43.2 4.0 1,883 1,856 1,839 1,776] +60
Instruments and related products . 25,016} 25,049] 24,922 olf 405] +16] 2511S] 25,485] 25,174] 23,493) +6.9
Search and navigation equipment 6.727| 6.719] 6691] +01} +04] 43.6] 6,757) 6,857 6,801 6,068] +114
Measuring and controlling devices . 8,056| 8,054] 8,007 oo] +06] +15 8.048 | 8,164 8,084 7,488] +75
Medical instruments and Supplies 7,301 7341 7,298] -051 +06] +03 7,294] 7,464] 7,330] 6,859] +63
Photographic goods 2289| 2,293 2,298]  -0.2 02) +14) 2,381 2359] 2,329] 2,468 35
All other durable goods 25,743] 25,505] 25,086] +0.9| +17 04] 25,633} 25,431] 24,924] 25,001] +2.5
Nondurable goods industries . : 160,711} 159,761] 159,639 40.6 +0.1 -0.4| 160,841} 160,256] 159,955] 161,937 0.7
With unfilled orders... 00... + 39,615} 39,688] 39,748] -0.2 0.2 07] 39,627] 40,474] 40,529} 41,936 “35
Food and kindred products 33.480 33,171] 33,185] +0.9 0.0 03] 34128] 32.933] 32,196] 33,559] +17
Meat products. . . 4029] 3,995] 4,008] +09] -03 09] 4029] 3920] 4.011 3.829] +52
Dairy products . 3,100] 2.983] 2921] 439] 421) +5.1 3,103 3,042 3,083 2,558) +213
Beverages : : 6316| 6.266] 6,197] +08) +1L 02} 6379] 6,142 6.252] +2.0
All other foods, except fats and oils 17,999] 17,683] 17,851 +18 0.9 “ld 18,935 | 17,859 19,340 2.1
Tobacco products 5,679 5,630 5,524 40.9 +19 Ad 5,696 5,399 5,702 -0.1
Textile mill products 10,043} 10,071} 10,007 03) +06 0.0} 9,843} 10,147 10,092 25
Broadwoven fabrics and
other textiles. s974| 6,007] 5,972 05} +06 03 5,837] 6,040 6,042 34
Paper and allied product 16,766] 16,781] 16,726] 0.1] +03 0.1] 16,564] 16,782 17,059 29
Pulp, paper, and
paperboard mill products ...... 7014] 7,089] 7,044 06] +02] +05] 6,923 7,046] 6,966] 6,690] -#3.5
Paperboard containers and boxes . . 4013| 3,985 3974] 40.7) 403 24 4017] 3,985] 4,011 4,760] 15.6
Miscellaneous converted
paper products . . . . 5,739] 5,737 5,708 oo} +05] — +0.5 5,624 5.751 5,733 5,609, +03
Chemicals and allied products 39216] 38,991] 38877] +06] +03 05} 38.846] 38,948] 38,909] 38,697] +0.4
Industrial chemicals 18.955] 18810] 18,686] +08)  +0.7 04} 18,841 | 18,765] 18,701 | 19,182 -18
Drugs, soaps, and toiletries 15,255] 15,164] 15,178} +0.6 -0.1 0.7] 15.286} 15.469] 15,432} 15,024} +17
Petroleum and coal products 12541] 12330] 12,327) +17 00} +031 12,737] 12,494] 12,628] 11,673} +9.1
Rubber and plastics products 15531| 15352] 15277{ +12] 405] +02] 15,220] 15,119] 15,279) 15,043) +12
All other nondurable goods 27.455] 27,435] 27,716] +01 10} -1.0| 27,807) 28,434] 28,959] 30,112 17

* Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability.


10 Total Manufacturing
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

360 360
New Orders

340 F-- - + 7 -- tr ee eee e eee eee Shipments |] 340

320 F- - - = 2 ee ee ee ee ee ee eee - + -4 320

300

280

260 1 L L J 1 L 1 L 1 1. L il il 260
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep

Sep. 1994-Sep. 1996

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 3.9
ee aa vost] 3.8
OS us }43.7
2.2 == 3.6
24 3.5
2 3.4
1.9 3.3
1.8 3.2
1.7 3.1
1.6 3
1.5 2.9
1.4 2.8
1.3 2.7
1.2 L L L L 1 1 L i 1 1 L 1 L 2.6

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1994-Sep. 1996

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
Sept. Aug. July | Aug- | July- | June- Sept. Aug. July Sept. | Sept.
1996" 1096 1996 | Sept. | Aug. | July 1996" 1996" 1996 1995 | 96/95
UNFILLED ORDERS
All manufacturing industries 505,571 | 501,833 | 504,105 | 40.7} -05 | +1.0 | 500,749 | sol,ss2 | 505,968 | 467,658 471
Market categories
Automotive equipment... . 1,959 1,952 1936] +04] +08] +18 1,950 1977 1,934 | 2,068 “57
Home goods and apparel 9,401 8.987 | 8948 | +46] +04] 31 9,698 | 9.691 9819 | 9,388 433
Consumer staples... . . 2,034 | 2126 | 2.210 43] 38] +121 2.122 2347 | 2356 1878 | +13.0
Machinery and equipment 228,725 | 225,618 | 227,336 +14 0.8 +14 | 227,446 | 225,270 | 227,209 | 198,870 +144
Business supplies . . . 6519 | 6,541 6,620 03] 12] 421 6571 6,738 6,742 6,470 +16
Construction materials
and supplies 16,046 | 15,764 | 15,745 | 41.8] +01 | +03 | 16037 | 15,929 | iso49 | 15,774 +17
Defense products... . 101,112 | 101,980 | 102,995 09} -1.0 | -10 | 99397 | 100,641 } 102/530 | 97/283 22
Other materials, supplies and
and intermediate products ..... . 139,775 | 138,865 | 138318 | +07] +04 | +19 | 137,528 | 139.289 } 139,409 | 135,927 +12
Durable goods industries :
Nondefense capital goods * 247,131 | 243,619 | 245,751 | +14] 09 | +15 | 245,969 | 243,211 | 245,376 | 217,964 | +128
Excluding aircraft and parts .... | "97421 | 98.096 | 98'813 07) 07 | +16 | 96,259 | 97,688 | 981438 } 94°87 +15
Defense capital goods * . . 106,245 | 106,945 | 107,981 0.7} 1.0 | -0.8 | 104,538 | 105,586 | 107,552 | 102:326 422
Durables excluding capital goods 128,018 | 127,257 | 126293 | +06] +08} +15 | 125,840 | 12s:184 | 127°847 | 122269 42.9
Miscellaneous series :
Producers’ durable equipment .... | 262,063 | 259,208 | 260,508 | +11 05 | +13 | 261,095 | 259,691 | 261,017 | 233,054] +120
Household durable goods . 5,881 5,640 5,662 +43 04 3.6 6,086 6,038 6,061 6,089 0.0
Information technology industries. | 36'sas | 37'962 | 38796 36] 21 | +18 | 36524 | 38,295 | 39.044 | 38,329 “4.7
Health care equipment
and products 8,208 | 8,082 | 7,968} +16] +14] 438 8,070 | 8,018 7,930 7,096 | +13.7
TOTAL INVENTORIES
All manufacturing industries 437,134 | 435,687 | 434,446 | +03 | +03 | 40.1 | 436,368 | 438.946 | 436,123 | 429,504 +16
Market categories :
Automotive equipment 8217 | 8,257 | 8,258 “0.5 007 +30] 8176 | 8356 | 8,177 7,536 48.5
Home goods and apparel 32,182 | 31,941 | 31,679 | +08] +08 | -0.5 | 32001 | 32502 | 32/533 | 32221 -0.7
Consumer staples . . 64,701 | 64,068 | 64,038 | +1.0 0.0 | -05 | 65,615 | 64.235 | 63,337 | 64,480 418
Machinery and equipment 111,434 | 111,479 | 110,725 00) +407 | +09 | 110,821 | 112,793 | 110.724 | 103,242 473
Business supplies 26,009 | 25,849 | 25,867 | +06] -01 -03 | 26,144 | 26276 | 26294 | 26741 22
Construction materials
and supplies 25,940 | 25,890 | 25,803 | +02] +03 | +01 | 25,676 | 25,844 | 25,920 | 26,214 21
Defense products 18,772 | 18,830 | 18,958 03] -0.7 06 | 19,015 | 19.255 | 19339 | 20,152 “56
Other materials, supplies and
and intermediate products ..... . 149,879 | 149,373 | 149,118 | +403] +02 0.0 | 148,920 | 149,685 | 149,799 | 148,918 0.0
Durable goods industries :
Nondefense capital goods * 105,476 | 105,350 | 104,533 | +0.1 | +08 | +08 | 104,893 } 106,756 | 104,847 | 98,032 +7.0
Excluding aircraft and parts 71,348 | 71,735 | 711505 05] +403 | +08 | 70,725 | 72.881 | 71901 | 68997 +25
Defense capital goods * .. . 19,038 | 19,115 | 19,272 04] -08 -0.4 | 19,325 | 19,592 | 19,701 | 20:50, 58
Durables excluding capital goods 151,909 | 151,461 | 151,002 | +03 | +03 | +03 | 151,309 | 152342 | 151.620 | 149,030 +15
Miscellaneous series :
Producers’ durable equipment 178,435 | 178,125 | 176,928 +0.2 +0.7 +0.9 | 177,378 | 180,031 | 177,363 | 169,704 44.6
Household durable goods 15,530 15,297 14,910 +15 42.6 13 15,419 15,550 15,142 14,742 +4.6
Information technology industries 36,598 | 36,721 | 36,697 03] +01 | +09 | 36185 | 37563 | 37,036 | 34,662 +44
Health care equipment
and products 2... 2.1... 15,596 | 15,587 | 15,552 | 401 | +02 -03 | 15,604 | 15,870 | 15,720 | 15,033 43.8

See footnotes at end of table 5.

See note at end of table 2 relating to survey variability.


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS
FOR TOPICAL SERIES!
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted *
Monthly Percent Change Monthly Percent Year to date
Industry change

Sept. Aug.| July | Aug- | July-| June-] Sept.| Aug.| July} Sept. | Sept.
1996" | 1996'} 1996 | Sept.} Aug.] July] 1996°| 1996} 1996] 1995} 96/95 | 1996" | 1995

SHIPMENTS,

All manufacturing industries + 315,280} 312,847] 312,400} +0.8]  +0.1] +1.1] 335,766] 315,225] 279,693) 319,953 +4,9| 2,765,067 |2,659,099

Market categories :
Automotive equipment . 14,774) 14,211] 14,365] +4.0 “LI +34) 15,281] 13,922) 9,169] 14,061 +8.7| 123,769] 118,671
Home goods and apparel | 18,678) 18,583] 18,587] +0.5 0.0] -0.4) 21,225] 19,935) 17,189} 20,119 45.5) 164,375] 157,753
Consumer staples... . . + 66,313] 66,300] 66,250 0.0) 40.1) +2.7) 70,792} 68,117) 64,210] 65,687] +7. 583,213] 542,246
Machinery and equipment .. . . 57,579} 56,255] 55,442) 42.4] +15] -0.2) 62,417) 53.429] 45.134] 57.171 49.2} 489,337] 457,595
Business supplies +} 25,042] 24,880] 24,929] +0.7) 0.2) +12) 25,940} 25,102} 23,635) 24,204) +7.2) 219,901] 206,098
Construction materials

and supplies. . . + 19,586} 19,619) 19,774) -0.2 0.8] +3.0/ 21,007} 20,769] 18,898} 20,173 +4.1] 171,979} 168,616
Defense products ...... beeen 6,374) 6,282} 6,077|+1.5]  +3.4] 7.0) 6,961 6,188) 5,451 6,946) +02 56,057! 57,500
Other materials, supplies and

and intermediate products... .| 106,934} 106,717] 106,976] +0.2} -0.2} +1.0} 112,143] 107,763] 96,007] 111,592] 40.51 956,436] 950,620
Durable goods industries :
Nondefense capital goods * ... . 44,068] 43,304) 42,309] +1.8) 42.4) -1.6] 49,152] 40,612] 35,777] 45,786 -+7.4| 376,642] 353,644
Excluding aircraft and parts ....} 38.444] 37,564 37,158] 4231 +111 2.31 43,106 35.243| 31 40a] 40186 +73| 331'129| 307253
Defense capital goods * 6,064) 5.937} 5,727) 42.1] 43.7) -7.7] 6.628[ 5.795] 5,069 6,549] +12] 52.821] 53.915

Durables excluding capital goods + | 120,708) 119,230] 119,738] +1.2 0.4) +1.) 127,557} 120,093] 99,694] 121,161 $5.3] 1,052,226 [1,012,144

Miscellaneous series :
Producers’ durable equipment 110,712] 108,836] 108,058) +1.7/ +0.7}  +0.5] 118,824] 105,720] 85,813] 110,290] —+7.7] 950,619] 399,222
Household durable goods . . . 9,326) 9,188] 9,171) +15] 40.2] -1.4) 10,695] 9.480] 7,919] 9.665] +10.7] 80,548] 73.272
Information technology industries .| 21,524] 21331] 21,107/ +09] +1.|  -0.21 25,162} 19,619] 17,043] 22,996} 49.4] 182,839] 164,868
Health care equipment

and products ....... vores] 10,488] 10,306} 10,387] +1.8/ -0.8/ +2.0 11,608] 10,326] 9,632] 10,345] +12.2| 90,987] 83,846
NEW ORDERS
All manufacturing industries... .. | 319,018] 310,575] 317,304] +2.7| -2.17 +1.) 334,633] 311,139] 286.015] 317,481} —_+5.4] 2,791,341 [2,662,450
Market categories :

Automotive equipment ......... 14,781) 14,2287 14,399] 43.9) -1.2) +3.7] 15,254] 13,966] 9,257] 14,012|  +8.9| 123,801] 118,575
Home goods and apparel ....... | 19,092] 18,622) 18,302] 42.5] +1.7] <1.) 21232] 19'807] 171151} 19.275] +102] 166:463] 139953
Consumer staples ............./ 66,221] 66,216| 66,488] 0.0] -0.4! +3.0| 70/568] 681108] 64/630| 651479] +78] 583's10| 542/447
Machinery and equipment .......} 60,686] 54,537] 58,529] +113) -6.8| 44.9} 64,592] s1.ag0] 48:242] 60.294 47.1] 507.921] 460.381
Business supplies ..... . 25,020] 24,801) 25,061] +09] 1.0) +14) 25,773} 25,097] 23,837] 23866]  +8:0} 220.235] 206477

Construction materials
and supplies

Defense products . oles

Other materials, supplies and

19,867) 19,638] 19,826] +1.2 0.9} +3.2f 21,115} 20,749] 19,058] 19,794] +6.7] 172,739} 168,978
5,505] 5,267| 5,085} +45] +3.6) -39.0) 5,718] 4,279] 3,518 7,641 +252 57,084] 52,644

and intermediate products . ..... | 107,846] 107,266] 109,614] +05] -2.1] +2.3] 110,381] 107,644 100,322] 107,120 +3.0| 959,588] 952,995
Durable goods industries =
Nondefense capital goods’... . 47,580] 41,172] 45,935] +156] -10.4] +70] 51,910] 38,447] 39,401] 48,666] +67] 395,437) 356,940
Excluding aircraft and parts... | 37,769] 36,847] 38,759] +25] -4.9] 43.2] 41/677] 34493] 33.003] 40.371] +32) 332064] 3121470
Defense capital goods‘ ........} 5,364{ 4.901] 4,805] +9.4] 42.0 -40.7] 51580] 31820] 3-202] 71077] -21.2| sa’2a8] 48365
Durables excluding capital goods. | 121,469] 120,194] 121,662] +1.1} -1.2] 42.3] 125.213] 120.430] 1037711] 117.025] +7.0| 1,086,636 |1,017226
Miscellaneous series :
Producers’ durable equipment 113,567] 107,446] 111,377) +5.7] -3.5] +3.4] 120,228] 104,394] 90,001] 112,905] +6.5] 969,370] 904,369
Household durable goods .......| 9,567] 9,166] 8,958] +4. +23] -2.5) 10.743] 91457] 7.975] 91387] +144] s1'660| 74'300

Information technology industries .] 20,147] 20,497] 21°80] -1.7] -60] +671 23:391| 18870] 17874] 229081 419 181,120] 166,578
Health care equipment

and products ....... oe 10,614) 10,420} 10,679] +1.9 24 +5.2) 11,661] 10,414] 10,044) 10,297] +13.2 91,530] 82,970

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

* Nondefense capital goods industries include : ordnance and accessories; steam, gs and hydraulic turbines; internal combustion engines: construction, mining, and material
tandling equipment; metalworking machinery: special industry machinery, general industrial machinery; computer and office equipment; refrigeration, heating and service
ndustry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space Vehicles, and engines
ind 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
ind tank components; and search and navigation equipment.

See note at end of table 2 relating to survey variability.


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 Sept. Aug. July June Sept. Aug. July June
1996" 1996" 1996 1996 1996" 1996" 1996 1996
All manufacturing industries... . 139 139 139 140 291 291 2.94 291
urable goods industries. ........ 1.62 1.64 1.64 164 3.50 3.51 3.54 3.51
Stone, clay, and glass products. . « 1.20 120 15 120 1.02 097 0.96 1.04
Primary metals -....... . 161 159 1:56 1.62 215 2.14 2.08 2.09
Fabricated metal products... . 147 1.47 1.48 1.47 138 136 137 137
Industrial machinery and equipment 181 1.85 1.87 1.84 239 243 245 238

Electronic and other

electrical equipment .........-. 151 154 Ls4 152 181 1.87 1.87 1.79
Transportation equipment... . 165 169 170 172 12.19 12.11 12.67 12.42
Instruments and related products... . 2.00 1.98 1.95 195 3.75 3.73 3.23 3.80
ondurable goods industries . Lu an 1.10 113 0.67 0.67 0.67 0.66
Food and kindred products... . 0:86 0.85 0.85 0.88 (X) (x) (X) (X)
‘Tobacco products ........----- 2.02 1:96 193 2.04 () &X) (x) ()
Textile mill products oor 1.55 137 153 1.49 (NA) (NA) (NA) (NA)
Paper and allied products... 0... 128 127 124 126 (NA) (NA) (NA) (NA)
Chemicals and allied products. 124 124 123 127 &) (x) (x) )
Petroleum and coal products : 0:80 081 0.83 0.84 (%) & (x) (x)
Rubber and plastics products 132 1:29 1.26 128 &) (0) () (x)

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

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

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

Shipments New orders Unfilled orders Inventories
Industry
Sept. Sept. Sept. Sept.
Sept? | 1995- Sept? | 1995- Sept? | 1995- Sept? | 1995-
sept! ]} 1991-] Aug.) Sept} 1991- | Aug. | Sept! | 1991. ] Aug. | Sept} 1991, | Aug.
1996] 1995] 1996] 1996] 1995 | 1996 | 1996 | 1995 |_ 1996 |__ 1996 |_ 1995 |_1996
Alt manufacturing industries. . ea) 01 ol es) 02 02 a) 01 0. (x) 0. o.1
Durable goods industries 0.0 01 02 03 04 04 0.0 Ot 01 (xX) Ot Ol
Stone, clay, and glass products... . . (x) 09 06 (%) 1.0 09 (X) 02 0.7 & 01 Ol
Primary metals... .. o Ol 02 0.4 04 0.6 07 02 04 03 (xX) 02 01
Fabricated metal products ......--[  (X) 04 04 (X) 06 05 (X) 02 03 (X) o4 Ol
Industrial machinery and equipment 0.2 05 06 04 05 0.6 Ol Ol 02 (x) ol 01
Electronic and other
electrical equipment... . 03 04 03] 24 15 Os) -LS 0S 03 (X) 03 02
‘Transportation equipment... -...- 0.0 05 06 23 09 12 04 01 02 & 02 03
Instruments and related products . . (%) 03 05 sy 09 08 & oO. 02 (Xx) 04 O1
Nondurable goods industries . . (x) o1 04 & 02 02 &) 04 02 & Ol 0.
Food and kindred products (x) 02 02 (x) (es) es) (xX) (X) (X) (X) 03 0.2
Tobacco products ...... & ol 00 & (X) &) & & &) & 0.0 00
Textile mill products . . . . (X) 0.1 03 (x) | (NA) | (NA) (x) | (NA) | (NA) (X) 0.1 0.1
Paper and allied products . . (xX) 02 02 (X) (NA) (NA) (Xx) (NA) (NA) (xX) 01 02
Chemicals and allied products (X) 03 02 (&) () & (%) &) (X) &) 02 02
Petroleum and coal products : (Xx) 02 04 (x) (x) (x) (X) (x) (x) (xX) 02 03
Rubber and plastics products... . &) ol 02 &) (X) &) & &) &) &) ol Ol
Capital goods industries :
Nondefense 02 04 0.5 1s 1.0 0.6 0.2 0. 0.1 (X) 0.1 03
Defense - 05 07 09 15 29 57 0.0 0.1 03 ® 02 04

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

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

The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.
Average for this month for the last five years.
See note at end of table 2 relating to survey variability.


‘ey

cd
U. S. Department of Commerce

Economics and Statistics Administration
BUREAU OF THE CENSUS

WIGAhMIUIAULLUICIS VILIPITICE ils,
Inventories, and Orders

September 1996
M3-1-(96)-9
For Wire Transmissions 10:00 a.m. E.S.T. November 1, 1996

For Data - (301) 457-4673
For Questions - Kathy Menth or Gloria Cable
(B01) 457-4804 or (301) 457-4832

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

Summary

New orders for manufactured goods in September increased $8.4
billion or 2.7 percent to $319.0 billion. the Department of Commerce, Bureau
of the Census reported today. This follows a 2.1 percent August decrease, is
the sixth increase this year, and the largest since August 1994. Excluding
transportation, new orders increased 0.4 percent, following a 1.1 percent
‘August decrease. Year to date, new orders are 4:8 percent above the same
period a year ago.

Shipments, up five of the last six months, increased $2.4 billion or 0.8
percent to $315.3 billion, following a 0.1 percent August increase. Year to
date, shipments are 4.0 percent above the same period a year ago.

Unfilled orders, up four of the last five months, increased $3.7 billion
or 0.7 percent to $505.6 billion, following a 0.5 percent August decrease.
‘The unfilled orders-to-shipments ratio was 2.91, unchanged from August.

Inventories, up for the third consecutive month, increased $1.4 billion
or 0.3 percent to $437.1 billion, following a 0.3 percent August increase.
The inventories-to-shipments ratio was 1.39, unchanged from August.

New Orders

New orders for manufactured durable goods in September increased
$8.1 billion or 4.9 percent to $174.4 billion, revised from the previously
published 4.6 percent increase. This follows a 3.6 percent August decrease
and is the largest increase since December 1992.

Transportation equipment had the largest increase, $7.4 billion or 19.8
percent to $44.9 billion, with over three-fourths of the increase due to aircraft
and parts. This is the first increase since May and the third this year. Stone,
clay, and glass products, also up for the first month since May, increased $0.4
billion or 5.8 percent to $7.2 billion. This follows a 0.2 percent August
decline. Fabricated metal products, up five of the last six months, increased
$0.3 billion or 1.6 percent to $18.2 billion, Instruments and related products
increased $0.2 billion or 1.4 percent to $12.3 billion, following a 4.2 percent
August decline. Primary metals, down three of the last four months,
decreased $0.2 billion or 1.3 percent to $15.0 billion, following a 3.9 percent
August decline. Industrial machinery and equipment decreased $0.2 billion
or 0.5 percent to $32.2 billion. This follows a 0.7 percent August decrease
and four consecutive monthly increases. Electronic and other electrical
equipment, down for the second consecutive month, decreased $0.1 billion or
0.5 percent to $26.5 billion. This follows a 5.3 percent August decrease

New orders for nondurable goods, up two of the last three months,
increased $0.3 billion or 0.2 percent to $144.6 billion, following a 0.4 percent
August decline. Petroleum and coal products had the largest increase; food
and kindred products, and paper and allied products had the largest declines.

Shipments

Shipments of durable goods in September, up for the third consecutive
month, increased $2.4 billion or 1.4 percent to $170.8 billion, unrevised from
previously published 1.4 percent increase. This follows a 0.4 percent
September increase.

‘Transportation equipment, up for the third consecutive month, had the
largest increase, $1.2 billion or 3.0 percent to $40.9 billion; led by motor

vehicles and parts, all component industries increased. This follows a 1.3
percent August increase. Electronic and other electrical equipment increased
$0.5 billion or 2.0 percent to $27.2 billion, the fourth increase in the last five
months. Industrial machinery and equipment, up four of the last five months,
increased $0.4 billion or 1.4 percent to $32.5 billion, following a 1.2 percent
August increase. Instruments and related products, down for the second
consecutive month, decreased $0.1 billion or 1.1 percent to $12.5 billion.

Shipments of nondurable goods, up for the seventh month this year,
increased $0.1 billion to $144.4 billion, following a 0.2 percent August
decrease. Petroleum and coal products had the largest increase, $0.5 billion
or 3.5 percent to $15.7 billion. This follows a 2.6 percent August increase
and is the tenth increase in the last twelve months, Food and kindred
products, down three of the last four months, had the largest decline, $0.3
billion or 0.9 percent to $38.7 billion, following a 0.2 percent August decline.

Unfilled Orders

Unfilled orders for durable goods in September increased $3.6 billion
or 0.7 percent to $481.4 billion, unrevised from the previously published 0.7
percent increase. This follows a 0.5 percent August decrease and is the fourth
increase in the last five months.

Transportation equipment, up four of the last five months, had the
largest increase, $4.0 billion or 1.7 percent to $243.8 billion, due to aircraft
and parts. This follows a 0.9 percent August decline. Fabricated metal
products, up forthe eighth consecutive month, increased $0.3 billion or 1-5
percent to $22.9 billion. Stone, clay, and glass products, up for the first
month since November 1995, increased $0.3 billion or 4.8 percent to $6.6
billion. Primary metals, up for the sixth consecutive month, increased $0.1
billion or 0.5 percent to $31.9 billion, following a 1.1 percent August
increase. Flectronic and other electrical equipment decreased $0.7 billion or
1.4 percent to $49.1 billion, the seventh decline in the last eight months.
Industrial machinery and equipment, down for the first month since June,
decreased $0.3 billion or 0.4 percent to $72.7 billion, following a 0.4 percent
August increase.

Inventories

Inventories of durable goods in September increased $0.5 billion or 0.2
percent t $276.4 billion, the third consecutive monthly increase.
Transportation equipment, up eight of the last nine months, increased $0.4
billion or 0.5 percent to $67.5 billion. This follows a 0.4 percent August
increase. Primary metals, up three of the last four months, increased $0.3
billion or 1.2 percent to $23.9 billion, following a 0.2 percent August
increase. Industrial machinery and equipment decreased $0.5 billion or 0.8
percent to $58.7 billion, the fourth decline in the last five months,

Inventories of nondurable goods, up for the second consecutive month,
increased $1.0 billion or 0.6 percent to $160.7 billion, following a 0.1 percent
August increase. The largest increases were in food and kindred products,
chemicals and allied products, petroleum and coal products and rubber and
plastic products.

By stage of fabrication, September finished goods increased 0.3 percent
in durables and 1.1 percent in nondurables. Work in process increased
slightly in durables and decreased slightly in nondurables. Materials and
supplies increased 0.3 percent in durables and 0.3 percent in nondurables.

Beginning November 15, 1996, this document will not be available on CENDATA, FASTFAX or the CENSUS/BEA forum. This document and future releases
can be retrieved from the Census Bureau’s World-Wide-Web site:http://www.census.gov/ftp/pub/indicator/www/in3prel. html

‘The advance report on durable goods for October is scheduled for November 27. 1996 at 10:00a.m, and the full report on December6, 1996 at 10:002.m. For sale by the Superintendent

of Documents, U.S. Government Printing Office, Washington, DC 20402. This reportis also avaitable the day vt issue through the Department of Commerce’

online Beonomie Bulletin

Board (N-8-1) (202-482-3870)and through the Census Bureau’ online information service--CENDATA. CENDATA is available from Dialog Information Services, Inc. (1-800-334-2564)
and CompuServe (1-800-848-8199). The CENDATA staff at the Bureau of the Census (301-457-1305)can provide content information and general guidance.


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

62, ------------------------------------e New Orders || 52

Shipments

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1994-Sep. 1996

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
10 10

New Orders

Shipments

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1994-Sep. 1996

Note: All Charts based on seasonally
adjusted current dollars.

ALG RAVEDNMERT OOINTING AECIAE. enan ay er bannne


Table 7. VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATIO!

BY INDUSTRY GROUP
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July | Aug- | July- | June- Sept. Aug. July Sept. | Sept.
1996" | 1996" 1996 | ‘Sept | ‘Aug | July | 1996" | 1996" 1996 1995 | 96/95
MATERIALS AND SUPPLIES
All manufacturing industries 143,810 | 143,378 | 143,813 | +03] -03 | +04 | 143,663 | 143,997 | 143,895 | 144,878 -0.8
Durable goods industries 83,513 | 83.250 | 83,567 | +03 +0.9 | 83,739 | 84,152 | 83,594 | 82,839 +11
Stone, clay, and glass products 2775 | 27790 | 21772 -05 +06 | 2786 | 2833 | 2.778 | 21860, 26
Primary metals... Fro | 7555 | 7543. | 43.1 +021 7859] 7610 | 71542 | 7647 | 428
Fabricated metal products | 9669 | 9.671 | 9,622 00 +15 | 9638 | 9705 | 9644 | 91559 | 40.9
Industrial machinery and equipment’ } 17833 | 18.021 | 18,027 10 +19 | 17.734 | 181413 | 17932 | 17474 +15
Electronic and other
electrical equipment | 14333 | 14,400 | 14,602 05 -13 | 14470 | 14,662 | 14,795 | 15,256 “32
Transportation equipment... 2... 12726 | 12627 | 12917 | +08 +34 | 12672 | 12,693 | 12914 | 12019 | +54
Instruments and related products Foro | 7810 | 7,772 | +13 +09 | 7933 | 71871 | 71825 | 7302 | +86
Lumber, furniture and
miscellaneous durable goods 10,476 | 10376 | 10312 | +10 -0.6 | 10,637 | 10,365 | 10,164 | 10,722 08
Nondurable goods industries 60,297 | 60,128 | 60.246 | +03 -0.2 | 59,924 | 5984s | 60,261 | 62,039 3.4
Food and Kindred products - 1158s | 11603 | 11681 02 +us | 11242 | lite? | 11320 | 11214 +02
Tobacco products. . . 471 | 4700 | 4.612 | +02 05 | 4622 | 4566 | 4373 | 4/512 +24
Textile mill products | 2941 | 2948 | 2925 0.2 +01 | 2878 | 2956 | 2988 | 2'966 -3.0
Paper and allied products 7792 | 7840 | 71850 | -06 -05 | 7826 | 7855 | 7802 | 8.792 110
Chemicals and allied products 13,064 | 121847 | 12846 | +17 -12 | 13013 | 12818 | 12958 | 12812 | +16
Petroleum and coal products a3 | 4210 | 4170 | 424 +01 | 4346 | 4,287 280 3035 | +7.7
Rubber and plastics products 5,890 | 5,837 | 5,834 | +09 402 | sgea| 5,776 | 5/908 073 34
Apparel, printing and publishing”
and leather goods . . . . 10,003 | 10,143 | 10328} -14]  -18 | -09 | 10133 | 10,420 | 10.632 | 11,635 | -129
WORK IN PROCESS
All manufacturing industries 144,996 | 144,967 | 144,197 00} +05 0.0 | 146,002 | 146,832 | 145,188 | 140,781 43.7
Durable goods industries... . 118,904 | 118,867 | 118,383 00] +04] +01 | 119,456 | 120,638 | 119,327 | 114.615 | +42
Stone, clay, and glass products 1.213 1205 | 13197 | 40.7] +07] 23] 1187 2209 | 1,23: 1/252 52
Primary metals 3957 | 3915 | g989 | +05] -08 | -12 | 8982] 8980] 9130] 8951 +03
Fabricated metal products. 22!) | 7300 | 7374 | 7341 | +02] 404] +02 | 7419} 7489 | 7373 | 7.955 “6.7
Industrial machinery and equipment’ | 23.274 | 23,645 | 23,983 16] -14 | -02 | 23,470 | 24,136 | 247169 | 231637 “0.7
Electronic and other
electrical equipment ..... 15,631 | 15,604 | 15335 | +02] +18] -O1 | 15,515 | 15,732 | 15,460 | 13,800 | +124
Transportation equipment . 46,654 | 46.282 | 45836 | +08] +10} +03 | 47,065 | 46.942 | 46,054 | 44114 | +67
Instruments and related products . 1130 | 11.222 | 11131 08 | +08 | 423] 1nis2 | 11490] 11307 | 10250 | +88
Lumber, furniture and
miscellaneous durable goods .. . . 4655 | 4620 | 471 | 408] +14 03 | 4666 | 4680] 4596 | 4,656 | +02
Nondurable goods industries . . 26,092 | 26,100 | 25,814 oo} +11] 04} 26546 | 26174 | 25.861 | 26166 | +15
Food and kindred products 4,650 | 4626 | “4334 | 405] +67] 34] “409 | “4276 | “4.031 4.541 +59
Tobacco products . 237 268 278 -116 3.6 +11 290 244 211 408 -28.9
Textile mill products. 2,723 | 2,735 | 2,733 04] +0.) “1S | 2,741 2,156 | 2,756 | 2,882 “49
Paper and allied products 1,785 1774 1.77 +06] +01] 40.1 1.762 | 1/804 isis | 1655 | +65
Chemicals and allied products 6.770 | 6840 | 6.815 10} +04] -06] 6,798 | 6927 | 6895 | 6574 | 43.4
Petroleum and coal products 2497 | 2491 | 2482 | +02] +04 | +433] 2555 | 2571 2530 | 2374 | +76
Rubber and plastics products | | - 2113 | 2061 | 2035 | 425] +13 | +03 | 2/003 | 2/033 | 2/002 | 1998 | 44.8
Apparel, printing and publishing
and leather goods . vee 5317 | 5305 | 5365 | +02) -11 | 405] 5498] 5,563] 518 | 5,734 Al
FINISHED GOODS
All manufacturing industries 148,328 | 147,342 | 146,436 | +07 | +06 | -0.1 | 146,703 } 148,117 | 147,080 | 143,845 +2.0
Durable goods industries so... | 74,006 ] 73,809 | 72,857] 403] +13 72,332 | 73,880 | 73.247 | 70,113 +32
Stone, clay, and glass products 4273 | 4257 | 4236 | +04 | +05 "132 | 4213 | 4295 | 4392 59
Primary metals ©... . 7157 | 7:42 | 7/023 | 402 | +17 7026 | 7.095 | 7.043 | 7.118 “13
Fabricated metal products 9135 | 9088 | 9045 | 405] +05 8's80 | 9,022 | 9.229 | 9.004 “14
Industrial machinery and equipment | 17,630 | 17,535 | 17,212 | +05] +19 16.880 | 17391 | 17121 | 15,688 | +76
Electronic and other
electrical equipment . . 11,127 | 11,088 | 11,017 | +06] +04 14,033 | 11.337 | 11,229 | 10,770 | +24
Transportation equipment 2] sio96 | 8203. | 8102 | 13 | 412 83021 | 8312 | 8124 | 71577 +59
Instruments and related products . . 5,976 6,017 6,019 -0.7 0.0 6,030 6,124 6,042 5,941 +15,
Lumber, furniture and
miscellaneous durable goods 10612 | 10,509 | 10,203 | +10} #3.0 10,330 | 10,386 | 10,164 | 9,623 +73
Nondurable goods industries 74322 | 73,533 | 73579] +11] -0.1 74371 | 74,237 | 73,833 | 73,732 +09
Food and Kindred products | - 17245 | 16942 | 17170 | +18] -13 18,077 | 17,490 | 16.845 | 17,804 | +15
Tobacco products... 21 662 634 | +104] +44 784 58 33 782 | +03
Textile mill products 4379 | 4388 | 4349 | -0.2 | +09 4224 | 4433 | 4,407 | 4,244 05
Paper and allied products. 7189 | 7167 | 7108 | +03 | +09 6976 | 7.123 | 7,090 | 6612 | +55
Chemicals and allied products 19382 | 19304 | 19216 | +404] +05 19.035 | 19203 | 19056 | 19.311 “14
Petroleum and coal products 5733 | 5,629 | 5,675 | +18 | -08 5,836 | 5,63 5818 | 5.264] +10.9
Rubber and plastics products 7528 | 7,454 | 7.408 | +10] +06 7263 | 7310 | 7,369 | 6972 44.2
Apparel, printing, and publishing”
and leather goods .. . . 12,135 | 11,987 | 12,023 | +12] -03 12,176 | 12,451 | 12,709 | 12,743 “44

° Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability.


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

ns of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July} Aug-| — July-} — June- Sept. Aug. July Sept.] Sept
1996" 1996 1996} Sept.| Aug.] July 1996" i996 1996 1995} 96/95
All manufacturing industries . 505,571} 501,833] 304,105] -+0.7 05] +10] 500,749] 501,882] 505,968] 467,658] +71
Manufacturing industries
without defense capital goods . 399,326 | 394,888] 396,124 +11 03 +1.5| 396,211] 396,296] 398,416] 365,332 48.5
Durable goods industries. 481,394] 477,821] 480,025] — +0.7 05] +10] 476,347] 476,981] 480,775] 442,559] +76
Stone, clay, and glass products . 6,645 6330| 6,467] +48 2.0 -46| 6,767] 6,586} 6,644 7.228) 64
Primary metals 31,867| 31,723] 31391] = +05] +11] +23] 30,307] 31185] 31,298] 27,160] +11.6
Blast furnaces, steel mills 12.975] 12904] 12826] +06] +06) 424] 12339] 12,771] 12,777] 11019] +120
Iron and steel foundries . . 4,417 4345 4,253 417 42.2 +1.0 4,289 4,288 4,265 3,610] +18.8
Nonferrous and other primary
metals so... . 14475] 14474| 14312 oo) +11] 42.7] 13,679] 14,126} 14,256] 12,531] 49.2
Fabricated metal products 22,912} 22575] 22.472] +15] +05] +08] 23,076] 22941] 22,798] 21,943] $5.2
Industrial machinery and equips 72,740] 73,032] 72,715 04) +04] +13] 71653] 72.400] 72.118] 69,754] 42.7
Engines and turbines ........ 10,963} 10,962} 10,978 00) -o1f 420] 11144} 10911} 10,790] hola] +12
Construction, mining and
material handling equipment... . 9548] 9,385) 9,288] +17] +10] 40.1 9,195 8,967} 9,073 8,043) +143
Metalworking machinery 9090] 9190 9145 -Li] 4051 42.7] 9090] 9,190] 914s] 9,537] -4.7
Computer and office equipment 9905] 10,197] 10160] -29] +04} 44.7] 9,826] 10,517} 10,400] 10,164] -3.3
Electronic and other
electrical equipment ......... 49,070| 49,763] 49,804 14 O01} 43.1] 48,0287 50,340] soos] 49,437] -2.9
Electrical transmission and
distribution equipment and
industrial apparatus ..... 6.2... 6,290] 6310] 6,386} -0.3 12] #8.0[ 6211 6353] 6,430] 6,095] +1.9
Electric lighting and
wiring equipment .......... 4390] 4379] 431s} +03] +15] +40] 4390] 4379] 4,315 3,950] +111
Communications equipment 14,150] 14,820} 15,226 45 27] 424) 14,139] 14,800] 15,232] 14,769] +43
Electronic components 20,156] 20,184] 19,899 01] +14] 43.9] 19,229] 20,661] 20,666] 20,441 59
Transportation equipment 243,820] 239,842] 242,110 +17 -0.9 +08 242,356 | 238,944 241,938 212,429 +141
Aircraft, missiles,
space vehicles, and parts. 213,529] 209,588] 211,624] +1.9] 1.0] +09} 212,149] 208,626] 211,429] 181,023] +172
Shipbuilding and tanks . . 16,844 17,110 17,300 -16 -Ll 3.0 16,818 17,128 17,368 17,870 5.9
Instruments and related products 46,936] 47,161] 47,695 5 “ll 03] 46531] 46,712] 47,432] 46,733, 04
Search and navigation equipment 28,029] 28,220] 28,752 7 -19 -18] 27,713] 27,843] 28,512] 28,963, 43
Measuring and controlling devices . 9,542] 9,908] — 10,033 7 12] +09] 9,542] 9,908} — 10,033 9920]  -3.8
Medical instruments and supplies 8179} 8,053] 7,940 +14] 438] 8,040] 7,987 7.900} 7,067] +13.8
All other durable goods ..... . 7,404] 7,386) 7,371 40.2 13] 7,629] 7,873 7,939) 7,875 3
Nondurable goods industries 24,177] 24,012] 24,080 +07 -0.3 +12] 24,402] 24,901] 25,193] 25,099 2.8

* Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability.


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
Sept.| Aug. | July | Aug-| July-] June-}  Sept.| Aug. | July | Sept. | Sept.
1996r] 1996'} 1996] Sept.] Aug.} July] 1996") 1996"] 1996] 1995] 96/95 | 1996" | 1995
All manufacturing industries 319,018] 310,575] 317,304] +2.7]  -2.1)  +1.7) 334,633] 311,139] 286,015] 317,481] +5.4]2,791,341 ]2,662,450
Manufacturing industries
with unfilled orders . 177,190} 170,040] 176,569} +4.2]  -3.7|  +0.9] 186,356] 167,879] 157,532] 178,143 +4.6] 1,549,780 ]1,473,039
without defense capital goods 313,654] 305,674] 312,499] 42.6] -2.2] +2.8] 329,053) 307,310] 282,813] 310,404] — +6.0/ 2,737,093 [2,614,085
Durable goods industries. 174,413] 166,267] 172,402) +49] —-3.6] +1.4} 182,703] 162,706] 146,314] 172,768] —_ +5.8] 1,506,321 1,422,531
With unfilled orders ++++s +] 141,098) 134,100] 140,114] 45.2) -4.3) +1.0} 148,576] 130,702) 122,551] 141,323) +5.1} 1,226,660 1,151,593
Stone, clay, and glass products . 7,169] 6,776] 6,791] +5.81  -0.2} 0.2} 7,657] 7.417] 6,909] 6,767] +132] 61,795] 56,974
Primary metals ©... . : 14.976} 15,177] 15,799] 1.3] -3.9 +1.6] 14,407] 14,773] 13,876] 14,863) -3.1] 136,657] 138,499
Blast furnaces, stee! 6280] 6.244] 6,552) +06] -4.7] +2.8] 5,926] 6,186] 5,827] 5,890] +0.6{ 56,375] 57,662
Iron and steel foundries 1527] 1,526 1.581] +01] 3.5) 1.3] 1,523 1,500] 1,218] 1,319] +15.5] 13,366] 11,592
Nonferrous and other primary
metals... . o 7,169| 7.407] 7,666} -3.2] -3.4] +12} 6,958] 7,087] 6,831] 7,654] -9.1] 66,916] 69,245
Fabricated metal products 18,206} 17,915] 17,724] +1.6} +1.1]  +0.5] 18,932} 18,428] 15,885] 17,323) +93} 158,013] 149,899
Industrial machinery and equipment . | 32,191] 32,354} 32,591] 0.5] -0.7] +2.8] 34,901] 30,252] 27,309] 32,621] +7.0] 284,463] 265,051
Engines and turbines ........ 1,673} 1,618] 1,962| +34] -17.5] +29.7] 2,283] 1,552] 1,518] 2,358] 3.2) 14,702] 15,533
Construction, mining, and
material handling equipment =| 3,835] 3,703) 3,607) 43.5] +27} -0.4) 3,885) 3,353) 3,028} 3,521] +103) 32,775) 30,506
Metalworking machinery ....... 3,079] 3,248] 3,403] -3.2] -4.6] +10.1) 3,419] 3,087] 2,835] 3,226] +6.0] 28,090] 27,274
Computer and office equipment . 8,780] 9,014] 9,039] -2.6]  -0.3] +30) 10,758] 8,116] 6,931] 9,735] +10.5] 76,228] 66,895
Electronic and other
electrical equipment ........ 26,472] 26,596] 28,074] -0.5]-5.3 +4.9] 28,064] 25,815] 26,181] 27,674] +1.4] 235,279] 224,997
Electrical transmission and
distribution equipment and
industrial apparatus ........ 3,173] 3,079] 3,462] 43.1) -11.1] +7. 3,458] 3,037] 3,223] 3,219] +7.4) 28,342] 27,934
Electric lighting and
wiring equipment . . . 2,067] 2,127] 2,202] -2.8] 3.4] +8.6f 2,238] 2,108} 1,858} 2,022] +10.7] 18,431] 17,698
Communications equipment 5,631{ 5,621] 6,476] +0.2] -13.2] +125] 6,421] 4,950] 5,489] 7,175] -10.5] 50,913] 46,383
Electronic components : 10,298} 10,331] 10,724) -0.3}  -3.7] +2.) 10,092} 10,037) 11,044) 9,694) +4.1) 90,725] 89,663
Transportation equipment... . . 44,927] 37,503] 41,125] +19.8] 8.8) -1.5] 46,009] 35,843] 28,370] 43,121} +67} 363,464] 331,136
Aircraft, missiles,
space vehicles, and parts. 12,990] 7,012| 10,017] +85.3} 30.0] +1.5) 13,317] 5,828] 8,182] 12,383 94,921] 72,295
Shipbuilding and tanks. . 605 564 308] +7.3] +831] -85.5] 610) 495 192 702 7,326] 5,665
Instruments and related products . 12,275] 12,109] 12,635] +14) -4.2[ +4.0) 13,291] 11,696] 11,125) 12,581 109,848] 104,160
Search and navigation equipment 2,225] 2,004] 2,028] +11.0]  -12}  -6.0] 2,515] 1,838] 1,546] 2.457 20,303] 19,837
Measuring and controlling devices .| 3,403] 3,713] 3,869} -8.3) -4.0] +44) 3,682) 3,676] 3,303] 3,961 33,131] 33,102
Medical instruments and supplies 4247] 4,143] 4304 +25] -3.7] +85] 4,467] 4.051] 4,082) 3,864 6] 35,988} 32,097
All other durable goods . -+++-{ 18,197] 17,837] 17,663] +2.0] +1.0] +0.1] 19,442) 18,482) 16,659] 17,818] +9.1) 156,802] 151,815
Nondurable goods industries . . 144,605] 144,308} 144,902] +0.2]  -0.4}- +1.9} 151,930] 148,433} 139,701] 144,713] +5.0/ 1,285,020]1,239,919
With unfilled orders . 36,092] 35,940] 36,455] +04] -1.4] +0.6] 37,780] 37,177] 34,981] 36,820] +2.6) 323,120] 321,446

* 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(95),

"Manufacturers’ Shipments, Inventories, and Orders: 1982-1995."


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

Seasonally adjusted

Not seasonally adjusted’

Monthly Percent Change Monthly Percent Year to date
Industry change
Sept.] Aug. | July | Aug-} July-] June-} Sept] Aug. | July | Sept. } Sept.
1096 | 1996] 1996 | Sept Aug.| July] 19967] 1996} 1996] 1995] 96/95 | 1996" | — 1995
All manufacturing industries . . 315,280] 312,847] 312,400] +08} +0.1] —+1.1) 335,766] 315,225] 279,693] 319,953] — +4.9] 2,765,067 [2,659,099
Manufacturing Industries
with unfilled orders 173,452} 172,312/ 171,665] +07} +04] 0.0] 187,489] 171,965] 151,210] 180,615] +3.8] 1,523,506 | 1,469,688
without defense capital goods 309,216] 306,910] 306,673) +0.8] +0.1] +1.3} 329,138] 309,430] 274,624] 313,404] — +5.0] 2,712,246 |2,605,184
Durable goods industries... . 170,840] 168,471] 167,774] +14) +0.4| — +0.5| 183,337] 166,500] 140,540] 173,496] +5.71 1,481,689]1,419,703
With unfilled orders 137,525] 136,304] 135,486] +09} +0. —-0.1] 149,210] 134,496] 116,777] 142,051] +5.0] 1,202,028 |1.148,765
Stone, clay, and glass products . 6,863] 6,904] 7,105} 0.6] -2.8) +291 7.476 7.475] 6.976] 6.942] +7.7] 61,790] 56,395,
Primary metais . . 14,832) 14,845] 15,083] -0.1] -1.6f +3.0] 15,285] 14.886] 13,548] 15,753] -3.0] 134,625] 140,066
Blast furnaces, steel mills 6,209] 6,166] 6,257] 40.7} -1.5] +10 6,358] 6.192 5.675] 6.435] -12] 55,714] 57302
Iron and steel! foundries 1455} 1,434] 1,540] +15} -6.9] 49.8) 1,522] 1,477] 1211] 1386] 412.2) 12,647] 11,665
Nonferrous and other primary
metals... : 7,168 7,245] 7,286] -1.1] 0.6] +34) 7,405} 7,217] 6,662} 7,962} ~—-7.0| 66,264] 71,099
Fabricated metal products. 17,869] 17,812] 17,543} 40.3] +1.5] +0.5] 18,797] 18.285] 15,479] 17.483] +75] 156,258] 149,038
Industrial machinery and cauipment 32,483) 32,037] 31,657] +14] +12] -0.9] 35,648] 29,970] 26,429] 33,062] +7.8] 283,374] 260,910
Engines and turbines vee 1,672] 1,634] 1,745) #23) 6.4 4} 2,050) 1.431] 1,178] 2,182] 6.0} 14,993] 13,643
Farm and garden machinery 2,019} 1,952] 1.918] +34) +18) 43.5] 1,795] 1.585] 1.449] 1.500] +197} 17,550] 16,323
Construction, mining and
material handling equipment 3,672} 3,608] 3,596} +18] +03) +08] 3,657] 3,459] 3,245] 3,334] 49.7] 32,263] 29,648
Metalworking machinery 3,179} 3,203) 3,162] -0.7] +13) 0.0 3,519] 3,042] 2'594) 3.364] +46] 27.467] 26.228
Computer and office equipment . 9,072) 8,977| 858i] +11] +46 0.8} 11,449] 7,999] 6.345] 10.250] +11.7] 76.178] 66.759
Electronic and other
electrical equipment 27,165] 26,637] 26,582] +20] +0.2| 1.4} 30,376] 26,083] 23,247] 28,989] +4.8] 236,236] 218,195
Electrical transmission and
distribution equipment and
industrial apparatus ........... 3,193) 3,155] 3,158] 1.2} -0.1)  -0.3} 3,600) 3,114] 2,804] 3,536] +18] 28,192] 27,970
Household appliances... . 1,980] 2,000] 2,013] -1.0) -0.6f  -2.1] 2,113] 2.102] 1888} 2,164) = -2.4] 18,377] 17,549
Electric fighting and
wiring equipment ...... 2,056] 2,063] 2,037) -0.3] +1.3] +0.7] 2,227) 2,044] 1,693] 2141] +4.0] 17,971] 17,473
Household audio and
video equipment 1,328] 1,321] 1,272) +05] +39) -2.8) 1.635] 1.414] 1,123] 1.455] +12.4] 10,657] 9,600
Communications equipment 6301] 6,027] 6,116] +45) 1.5] -1.9] 7,082} 5.382} 5,163] 6,023 +17.6| 51,278] 44,224
Electronic components . . . --] 10,326 10,046] 9,969] +28] +0.8) -1.7] 11,524] 10,042) 8.942] 11,480] +0.4] 92,287] 84.580
Transportation equipment... 0.2... 40,949| 39,771] 39,268] 43.0] +13] +16 42.597] 38.837] 27.112} 39,780] +7.1] 342,269] 336,852
Motor vehicles and parts . . 28,713] 28,046] 28,541] +24] -1.7] +4.6] 29,439] 27,540] 17,799] 27,650] +6.5| 242,368] 235,106
Aircraft, missiles,
space vehicles, and parts. 9,049] 9,048] 8,126] 0.0] +113] 1.7] 9,794] 8,631] 7,044] 9,133] 47.2] 73,826] 75,404
Shipbuilding and tanks ....... 871 754] 836] +155] -9.8) -10.6/ 920] 735], «= 788] 823) +118] 7.495] 7,586
Instruments and related products . 12,500] 12,643) 12,775} -1.1] 1.0] #1.5] 13,472] 12,416] 11,294} 13,140] +2.5] 111,466] 107,347
Search and navigation equipment 2.416} 2,536] 2,543] 4.7] -0.3) +1.8] 2645 2.507| 2,219] 2,873] 7.9} 22,383] 22.910
Measuring and controlling devices 3,769] 3,838] 3,781) -1.8] +15] 0.91 4,048} 3,801] 3.215] 4.074] -0.6] 33,693] 32,430
Medical instruments and supies 4121] 4,030] 4,013) +23] +04, +03) 4.414) 3.964} 3.671] 3.910] +12.9] 35,449] 32,971
Photographic goods 1,808] 1,856] 2.033] 26] 8.7] +6.6 1,956] 1.756{ 1,796 1.923| +17] 16,568] 15,977
All other durable goods... ..... . 18,179] 17,822] 17,761] +2.0} +03 0.0 19,686] 18,548] 16,455] 18.338] +74] 155,671 150,900
Nondurable goods industries 144,440] 144,376] 144,626] 0.0 +19] 152,429] 148,725] 139,153] 146,457} +4.1] 1,283,378]1,239,396
With unfilled orders... 35,927] 36,008] 36,179] -0.2| +04) 38,279] 37,469] 34.433] 38,564] — -0.7] 321,478] 320,923
Food and kindred products 38,714] 39,046] 39,142] -0.9} +31] 41,115] 39,800] 37,466] 39,783] +33] 343,751] 325,789
Meat products ........ 9,005] 9,236] 9,044] -2.5| +10} 9,482] 9,523) 8.838] 9.545] -0.7] 80,453] 75.666
Dairy products : 5,013] 5.014] 4.967] 0.0 +37] 5,168] 5,093) 4.836] 4.712] +97] 43,280] 40,357
Beverages 2.00... 2. 5,731] 5,635] 5,784] +1.7 +38] 5,897] 6.138) 6,085] 5.532] +66] 51,472] 48.183
All other foods, except fats and oils | 16.873] 17:163| 17392] -1.7 +3.8] 18,476] 17,050] 15,752] 18,295] +1.0] 151,058] 145,576
Tobacco products cesses. | 2,809] 2,868) 2,866] -2.1 +4.6] 2,728] 3,020] 2,844] 2,504) $5.2] 24,672] 23,677
Textile mill products». 2... 6,479] 6,427] 6,534] +0.8| -2.6| 7.221] 6849} 5,801] 7.280] -0.8| $8,175] 59,779
Broadwoven fabrics and
other textiles... 3,968) 3,949] 3,977) +05] 0.7] 23] 4401] 4,169] 3,387] 4,448] 1.1] 35,654] 36,808
Paper and allied products 13,130] 13,246] 13,484] 0.91 -1.8] 1.2) 13,550) 13,577] 13,146] 14,941] -9.3} 121,782] 129,605
Pulp, paper, and
paperboard mill products ......] 5,230] 5,291] 5,372] -1.2] -1.5} -0.2) 5,361} 3,412] 5,326] 6,609] -18.9] 49,177] 57,490
Paperboard containers and boxes ..| 3,433] 3,387] 3,406] +14] -0.6f +1.9] 3,512] 3,489} 3,297] 3,742] -6.1] 31,418] 33,173
Miscellaneous converted
paper products 4,467| 4,568] 4,706] -2.2] -2.9] +2.2) 4,677) 4,676} 4,523] 4,590} +1.9| 41,187] 38,942
Chemicals and allied products ~ 31,513[ 31,370] 31,483] +05] -0.4]  +2.4] 32,750] 31,371] 30,021] 30,937} +5.9| 279,806] 271,413
Industrial chemicals 15,516] 15,537] 15,403] -0.1}  +0.9 +0.9 15,780] 15,754] 14,901] 15.653] +08} 139.237] 142,833,
Drugs, soaps, and toiletries 11,708] 11,535] 11,718] +15] -1.6] +32) 13.253] 11.689 10.979] 11,834] +12.0] 102,054] 93,350
Petroleum and coal products . 15,679] 15,156] 14,777] +35] 42.6] +14) 16.258] 15.902] 15,367] 13,039] +24.7) 134,024] 115,732
Rubber and plastics products 11,787] 11,860] 12,077] -0.6/ -1.8) +16 12,264] 12,160] 11,022] 12,523] -2.1] 107,582] 109,031
All other nondurable goods 24,329] 24,403) 24,263] -0.3] +0.6 +10] 26,543] 26,046] 23,486] 25,360] +4.7] 213,586] 204,370

7 Preliminary. " Revised.

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

See note at end of table 2 relating to survey variability