wo

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

(Mitions of Dollars)
Seasonally Adjusted Not Seasonally Adjusted
‘Monthly rcent Change ‘Monthly Percent
Industry Change
May Apr. Mar. Apr.- | Mar.- | Feb. - May Apr. Mar. May May.
2001° 2001 2001 May | Apr. | Mar. | 200° 2001' 2001 2000 01/00
All manufacturing industries. 578,756) 582,869 586,485 581,621 590,446 595,068) $52,753 +5.2
Excluding transportation. 289,238 293,874] 300,787) 290,873 (297,803 303,242, 310,797 6.4
Excluding defense..... 435,439) 440,272 444,679 435,637] 443,920} 448,641 433,388 +0.5
Durable goods industries. ... a 578,756 582,869 586,485) 581,621 590,446) 595,068) 552,753 +5.2
Primary metals.. 18,663 18,655 18,805) 19,165) 19,426 19,792) 22,123 13.4
Iron and steel 8,818} 8,800) 8,901 9,164} 9,262 9,455) 11,422! -19.8
Aluminum and nonferrous metals. 7,619) 7,637| 7,745 7,742 7,888) 8,107 8,565 9.6
Ferrous metal foundries. 2,226) 2,218} 2,159 2,259) 2,276 2,230) 2,136 +5.8
Fabricated metal products... 41,718) 42,166) 42,606) 42,135) 42,687) 42,895) 44,164) 4.6
Machinery... 61,323) 61,809) 62,537 61,938) 62,669) 63,460) 62,464) -0.8
Construction ‘machinery, 2,179) 2,257 2,324 2,332 2,477 2,558 3,554 34.4
Mining, oil field, and
gas field machiner 1,526) 1,472) 1,458) 1,548) 1,489} 1,473) 1,404} +10.3
Industrial machinery... 10,717) 10,937 11,694) 10,918) 11,180 11,672| 13,674] -20.2
Photographic equipment 787 797 807 1 81 810) -2.3
Ventilation, heating, air-conditioning,
and refrigeration equipment 4,645] 4,805 4,834] 4,822) 4,955] 4,918) 5,099) 5.4
Metalworking machinery. 5,106 5,107 5,215) 5,230} 5,133) 5,240) 6,446) 18.9
Turbines, generators, and other
power transmission equipment. 20,822 20,928} 20,599 20,561 20,772) 20,763 14,930} +377
Material handling equipment. 5,969 5,977 6,081 6,088 6,224) 6,360 6,110) 0.4
Computers and electronic Products. 139,365 141,985) 146,238) 139,003} 143,384 146,434) 149,086) 6.8
Electronic computers. 10,343 10,425) 10,513) 10,517) 10,131 10,250) 10,060) +45
Nondefense communi
equipment... 45,070} 45,814] 46,012) 44,960) 46,130) 46,532) 42,169) +66
Defense communications equipment. 2,626} 2,698} 2,652! 2,611 2,693] 2,669) 2,332) +12.0
Semiconductors. 18,096) 19,146) 22,113 17,269) 19,591 21,036) 30,881 44.1
Electronic components... 16,979) 17,350) 17,944] 16,801 17,348) 18,099) 18,775 710.5
Nondefense search and navigation
equipment. 4,669 4,795) 4,946 4,756} 4,871 5,016) 5,779 177
Defense search and navigation
equipment...... . (29,781 30,018) 30,328 30,216) 30,822 31,156 (28,655) +5.4
Electromedical, measuring,
and control instruments. aeeseeens 11,801 11,739) 11,730} 11,873 11,798 11,676) 10,435 +13.8
Electrical equipment, appliances,
and components. 17,825) 18,326 18,727) 2.7 “2.1 3.0] 17,876 18,541 19,036) 18,671 4.3
Electric lighting equipment... 1,597] 1,566) 1,592) +2.0) -1.6) 1,640) 1,558} 1,580} 1,601 +24
Household appliances. .. 1,123] 1,104 1,060} +17) +4.2) 1,065} 1,083 1,222| 961 +10.8
Electrical equipment. 9,775 9,711 9,889) +0.7| 1.8) ad 9,860 9,826] 9,985, 9,252 +66
Transportation equipment. 289,518 288,995 285,698 +0.2 +1.2) +2.0} 290,748 292,643) 291,826 241,956) +20.2
Motor vehicle bodies, p:
and trailers... 13,380) 13,294] 12,925 +0.6) +2.9) 2 13,283} 13,564] 13,473) 14,788) 10.2
Nondefense aircraft and ‘parts. 151,525 152,069 180,363 -0.4) +01 7 150,351 151,910 151,798 126,726) +18.6
Defense aircraft and parts... 46,676) 45,337 45,206] +3.0 +0.3 4 47,755) 46,799 46,453) 36,960 +29.2
Ships and boats. 22,413) 22,628) 21,743 -1.0] +41 0) 23,268) 23,656) 23,205) 19,925) +16.8
Furniture and related products... 6,698) 6,774] 6,982) at -3.0] 3 6,732| 6,672 6,722 8,325) -19.1

° Preliminary * Revised
‘See note at end of Tabie 2 relating to survey error and revision.


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
May Apr. Mar. Apr.- | Mar.- | Feb. - May Apr. Mar. May May
2001° 2007" 2001 May Apr. Mar. 2001" 2001" 2001 2000 01/00
MATERIALS AND SUPPLIES
All manufacturing industries. 160,266} 160,248] 161,672; 0.9} 0.9 -0.9} 158,740] 158,797) 160,157] 159,957 0.8
Durable goods industries. seseenee 99,238} 99,256] — 100,302 0.0 “1.0 -1.3] 97,903] 97,740} 98,574] 97,556 +04
Wood products.........- 3,915 3,946 3.878 0.8] +18] +1.8] 3,452 3,512] 3,691 3,550 “2.8
Nonmetallic mineral products. 3,399 3,408} 3,405 0.3) +0.1 +06 3,355 3,360] 3,365| 3,305 +15
Primary metal 7,399 7,472 7,519 “1.0 -0.6 ad 7,139 7,249 7,273 7,537 5.3
Fabricated metal products. 11,029] 11,104) 11,130 -0.7 -0.2 -0.4] 10,922] 10,975] 10,977] 11,492 -5.0
Machinery... 18,260] 18,329} 18,386 -0.4 0.3] $0.2} 18,188) 18,411 18,208] 16,322 +118
Computers and electronic products. 21,571) 21,244) 21,784) +15 25 -3.2] 21,509] 20,749} «= 21.316] 21,782 13
Electrical equipment, appliances,

and components. . 6,336} 6,328] 6,292] +0.1 +0.6| 0.7 6,272| 6.326 6,234 5,507 +13.9
Transportation equipment. 17,378) 17,511 17,866| -0.8] 2.0} 2.8] 17,055] 17.241 18,088 “5.7
Furniture and related products. 3,484] 3,484 3,560| 0.9} “24 -0.8 3,501 3,469] 3,679 4.8
Miscellaneous products... 6,467| 6,430} 6.482] +0.6 0.8] = +0.7 6,510] 6,448) 6,294 +34

Nondurable goods industries. 61,028} 60,992] 61,370] +0.1 0.6 -0.3] 60,837] 61,057, 62,401 2.5
Food product 10,675 10,618] += 10.578] +05] +04 0.3] 10,533] 10,656 10,772 2.2
Beverage and tobecco products. 5,915 5,850] 5,795] +141 +0.9 -0.1 5,900 5,917, 6,025 24
Textiles. 1,836 1,857 1,867 at 0.5) “1.2 1,848 1,865 1,953 “5.4
Textile products.. 1,643 1,679 i717 “24 “2.2 “1.2 1,672 1,690 1,735) -3.6
Apparel. . 2,329 2,389] 2411 “25 -0.9 -0.3 2,390] 2,438) 2,665 -10.3
Leather and aed products. 447 440 430] +16] 42:3 07 449 432 442 +16
Paper products. . 7.533 7.588 7,649 0.7 0.8 0.1 7,458 7,601 7,802 “44
Printing -... 3,047 3,022 3,077] +08 “18 +0.2 2,926) 2,906 3,037 “3.7
Petroleum and coal products.. 3,863 3,854] 3,893] +0.2 “1.0 “2.2 3,994] 3,948] 4,495 re]
Basic chemicals.. 16,310] 16,255] 16,473] +0.3 “13 -0.3] 16,268] 16,155 16,220 +03
Plastics and rubber products. 7,430 7,440 7,480 -0.1 0.5] = +08) 7,399) 7,449 7,255 +2.0

WORK IN PROCESS

Al manufacturing industries. 139,668] 140,518] 140,457 6 0.0} 0.8] 140,242] 141,268] 138,930} 143,347 2.2

Durable goods industries. 110,358] 111,200] 110,894) 8] +03) 0.8) 111,143] 111,903] 109,881] 114,535 -3.0
‘Wood product: - 1,984) 1,935) 1,959 5| “1.2 “3.5 1,995 1,966 1,989) 2.113 5.6
Nonmetallic mineral products. 1,514 1,509) 1.523 3 -0.9 -0.5 1,550 1,572 1.612 1,402 +106
Primary metals... 7,222 7,287 7.299 9 0.2 25 7.216| 7.329) 7,324 7,808 7.6
Fabricated metal products. 11,571 11,664) 11,709) 8} 0.4) +0.4) 11,622) 11,646] 11.680] 11.133 +44
Machinery... coe 15,021 15,214] 15,336 3 0.8] +08} 15,383) 15,220] 15,146] 15,847 2.9
Computers and electronic products. 19,087] 19,593] 19,637 6 -0.2 +0.9] 19,443] 20,201 19,105] 20,031 2.9
Electrical equipment, appliances,

‘and components 3,894] 3,967 3,997 8 0.8 0.7 3,951 4,012| 3,990 3,772 +47
Transportation equipment... 45,196] 45,161] 44,550 1 +14 -2.0] 45,066] 45,080] 44,199] 47,501 5.
Furniture and related products... 1,777 1,792 1,796 8 0.2 0.1 1,768 1,781 1,781 1,809 “2.3
Miscellaneous products. 3,092 3,078 3,088 5 -0.3 -0.8 3,143 3,096 3,055 3,119 +0.8

Nondurable goods industries. -{ 29,310] 29,318] 29,563] o -0.8 -0.8] 29,099] 29,365] 29,049] 28.812 +1.0
Food. products . 2,592 2,574 2,585 .7| -0.4 0.4 2,374] 2,395 2,494 2,446 “2.9
Beverage and tobacco product... 3,264 3,236 3,267 x) -0.9 “1.2 3,113 3,176] 3,259 3,231 “3.7
Textiles... , 1,727 1,759 1,785 8 15 -0.2 1,730] 1,783 1,781 1.878 79
Textile products.. . 932 943 933 2p +14 “1.0 955) 956 914 955 0.0
Apparel 1,996 2,063 2.112 2 “2.3 -2.8 2,085} 2,076 2,040 2,312 -9.8
Leather and all 219 229 239 4 42) +13 216 228 236 267 19.1
Paper products. 1,458 1,426 1,422 2. +0.3 “3.7 1,441 1,401 1,399) 1,405 42.6
Printing . 1,822 1,823) 1,909 1 4.5, +1.0] 1,764) 1.875 1,841 1,945 9.3
Petroleum and coal products. 2,889 2,856 2917 2 24 15 2,939 2,920} 2,878 3,040} -3.3
Basic chemicals. 9,974] 9,955 9,956] 2 0.9} 2} 10,059] 10,029) 9,693 9,037 +113
Plastics and rubber products... 2,437 2.454] 2,438| 7] +071 0.7 2,423] 2,526 2,514 2,296 +55

FINISHED GOODS

Ail manufacturing industries...... 178,148] 178,893] 178,450 -0.4 180,566] 180,686] 178,371] 170,457
Durable goods industries... 95,501] 96,032 95,937 0.6 97,647] 97,654] 96,081] 89,984]
Wood products. 4,018| 3,968 4,056] +13 4,151 4,151 4,253 4.187
Nonmetallic mineral products... 5.111 5,163 5.216 “1.0 5,259 5,375 5,406 5,095
Primary metals......... 6.907 7,099 7.256 “2.7 7,022 7,214) 7,309] 7,361
Fabricated metal products... 12,407] 12,410) 12502 0.0 12,659} 12,804) 12.875] 12,122,
Machinery. 17,945] 17,967} 18,054 04 18,076] 18,237] 18,461 16,545
Computers and electronic prodi 18,137) 18,214) 18,312 -0.4] 18,643} 18,257] 17,462] «15,195

Electrical equipment, appliances,

and components... see 5,603 5,669] 5,789 “1.2 5,903 5,957 5,908 5,835
Transportation equipment. | 13,326] 13,406} 12,591 -0.6 13,662) 13,465] 12.417] 11.844
Furniture and related products... | 3,389 3,458| 3,463 -2.0 3,477 3.476 3,384 3,346
Miscellaneous products...... 8.658 8,678 8.698| -0.2 8,795) 8,718 8,606 8,454]

Nondurable goods industries...........00 82,647| 82,861] 82,513 -0.3 82,919] 83,032] 82,290] 80,473
Food products. 16,495] 16,326] 16,113] +1.0) 15,970] 15,849] 15,747] 16,384
Beverage and tobsczo products... 4,631 4,693 4,697 13 4,555) 4,628 4,725 4,363
TOTES ssoreeeveseenenn sees 3,162 3.145; 3,112 +05 3,320 3,260} 3,105 3,260
Textile products. se 2,161 2.174) 2.184 0.6} 2.217 2,226 2,189 2,190
Apparel. .oecesnoeee en = 5,961 5,876 5.841 +14 6.016 5,767] 5,766 5.142
Leather and allied pi sess 874 896 918 25 883 891 899) 1,000)
Paper products. . 6,764| 6,827 6,912 -0.9 6,925 6,945] 6,913 7,070
Printing .....~ cescnneeee 1,627 1.663 1,647 2.2 1,702 1,686 1,622 1,804
Petroleum and coal products. 6.585 6,585 6,409 0.0} 6.783] 6,591 6,151 5,995
Basic chemicals... seone{ 26,040] 26,112] 26,003} 0.3 26,035} 26,392] 26.306) 24.511
Plastics and rubber products. , 8,347] 8,564 8.677 25 8.513] 8,797, 8,867| 8,754]

° 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
May Apr. Mar. Apr. - | Mar. - | Feb. - May Apr. Mar. May May
2001” | 2001" | 2001 | May | Apr. | Mar. | 2001° | 2001" | 2001 | 2000 | 01/00] 2001" 2000
All manufacturing industries. 343,673] 335,415] 347,359) +2.5) 341,471) 325,465) 369,452] 364,092) 6.2) 1,688,974) 1,787,119
Excluding transportation. 289,185] 282,749) 289,233 +2.3 285,971} 275,476] 303,527] 307,968) -7.1] 1,422,952] 1,495,961
Excluding defense. 336,085] 328,051] 337,971) +2.4 335,178] 319,186] 356,890] 359,340] -6.7] 1,651,392} 1,751,291
Durable goods industries... 188,329] 182,903] 193,955 +3.0] 184,469] 175,435] 212,509] 208,590) 11.6) 931,953] 1,033,962
Primary metals. 12,285] 11,635] 11,868] 12,395} 11,697] 12,695] 13,465] —-7.9] 62,223 72,191
Iron and steel mills. 5,373] 4,921 5,054] 5,445 4,952] 5,426] 5,922} 8.1 26,721 32,406
Aluminum and nonferrous metals. 5,614] 5,410] 5,576 5,594] 5,442 5,943} 6,052) -7.6] 29,014) 32,309
Ferrous metal foundries.. 1,298} 1,304) 1,238} 1,356} 1,303} 1,326) 1,491 “9.1 6,488 7476
Fabricated metal products. 20,132 19,802) 20,143} 20,569) 19,915) 21,422 22,466) 8.4] 101,437] 110,596
Machinery. 24,728) 24,087) 23,903] 24,599 23,944] 26,653 25,849) 4.8) 123,933] 128,952
Construction ‘machinery... 1,572! 1,553} 1,615) 1,667} 1,669} 1,987] 1,852] -10.0} 8,651 9,822
Mining, oil field, and
gas field machinery........ 1,142] 1,064} 1,074} 1,083} 1,007} 1,136} 699} +54.9] 5,312] 3,856
Industrial machinery. 3,831 3,347] 3,415) 3,281 3,545) 3,570 4,334) -24.3] 18,443) 21,955
Photographic equipment... 1,329) 1.299] 1.433 1,328] 1,198] 1.474! 1,203{ + 10.4] 6,135 6.817
Ventilation, heating, air-conditioning,
and refrigeration equipment.. 2,651 2,602} 2,788} 2,896} 2,657) 3,064} 3,105) 6.7] 13,687] 14,398
Metalworking machinery. - 2,406) 2,266} 2,379) 2,431 2,023) 2,603} 2,418} +0.5) 11,208} 12,105,
Turbines, generators, and other
power transmission equipment. 3,142) 3,613 3,103 2,895) 2,829 3,240} 3,351 -13.6) 15,511 15,465
Material handing equipment. 1.773) 1,608) 1,732 1,645] 1.559] 2,108] 1.622] +1.4| 9,116 244
Computers and electronic products. 35,598} 34,796] 40,311 29/921] 30,708] 45,039] | 48,776|  -36.0] 179,996] 219,053
Electronic computers. - 6,753) 6,948} 7,337) 6,375 5,904] 9,004} 8,163] -21.9) 33,814) 36,342
Nondefense communications
equipment. 6,220} 6,986) 7,494) 5,098 5,549) 8,605) 8,174 -37.6) 32,790) 45,086
Defense ‘communications equipment.. 23 324) 299) 228 291 306} 272] 16.2) 1,447} 1,306
‘Semiconductors... 6,431 4,854) 8,132) 4,316] 5,731 7,560} 13,064) -67.0) 32,075) 45,723
Electronic ‘components. 3,971 3,782) 3,854) 3,571 3,242) 3,856) 6,374) -44.0) 20,761 32,596
Nondefense search and navigation
equipment. a 649) 604) 691 +75) 643) 551 767] 813} 20.9} 3,324) 3,864
Defense search and navigation
equipment. 1515] 1.437] 1,833] +5.4] 1,037] 1,289] 2,449] 1,327] 21.9) 8,633 8,587
Electromedical, measuring,
and control instruments... 5,402) 5,334] 5,563] +13) 5,193] 4,914) 6,033 4,721) +10.0) 25,993) 24,098
Electrical equipment, appliances,
and components. 10,892) 10,798) 10,794) +0.9) 10,577] 10,146) 11,595) Va 4.8) 53,646) 54,679
Electric lighting equipment. 1,235} 1,217] 1,180} +15] 1,245) 1,094) 1,250) 1,214) +2.6) 5,924] 5,798
Household appliances. 2/057} 2/008] 1/933, + 2.4] 2063] 1800] 2.0311 2020) +24 91667 9/807
Electrical equipment. 3,359 2,980} 3,192] +12.7) 3,266 2.766 3,672) 3.121 +4.6) 15,758] 16,672
Transportation equipment... 54/488] 52.666] 58,126] +3.5 55,500] 49,989] 65,925] 56,124) -1.1] 266,022] 291,158
Motor vehicle bodies, parts,
and trailers. 17,358] 16,764 16,892] +3.5} 18,084] 16,809] 18,240] 19,003] 4.8] 85,571] 96,843
Nondefense aircraft and parts. 7,795) 8,833} 10,818) 11.8] 7,145) 6,938) 11,600} 7,564] 5.5) 39,531 36,146
Defense aircraft and parts... 3,639) 2,284) 2,072) +59.3] 3,231 2,313 3,127) 761 324.6] 13,310) 12,257
Ships and boats... 1,494] 2,499| 4,746] -40.2| 1.453] 2121 6.216| 2,186] -33.5) 12,243] 10,531
Furniture and related products. 6,022) 5,950} 5,861 +1.2) 5,892 5,920 6,148 6,436) 8.5 30,058} 32,471

” 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(00), "Manufacturers’ Shipments, Inventories, and Orders: 1992-2000."


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

Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly Percent
Industry Change
May Apr. Mar. Apr.- | Mar.- | Feb. - May Apr. Mar. May May
2001" 2001' 2001 May Apr. Mar. 2001° 2001° 2001 2000 01/00
Ail manufacturing industries... 478,082| 479,659} 480,579 -0.3 -0.2 0.8] 479,548] 480.751] 477,458] 473,761
Excluding transportation. 402,182] 403,581] 405,572 0.3 -0.5 -0.6] 403,765] 404.965] 403,321] 396,328)
Excluding defense... 455,783] 457.288] 458,563 -0.3 -0.3] 0.6] 457.232] 458,585] 455.973] 450,590]
Durable goods industries... 305,097] 306,488| 307,133 0.5 -0.2 -1.1] 306,693] 307,297] 304,536] 302,075
Wood products... . 9.917 9,849 9,893] +0.7 9,598} 9,629) 9,933 9,850
Nonmetallic minerai products... 10,024] 10,080) 10,144 -0.6 10,164] 10,307) 10,383] 9,802
Primary metals...... 21,528] 21,858] 22,074] 15 21,377] 21,792, 22,706
tron and steel mili. 11,593] 11,857] 12,002 “22 11,451 11,694] 12,472
‘Aluminum and nonferrous metals... 8.115 8,179] 8,259 -0.8 8,053} 8,213 8,400
Ferrous metal foundries. 1,820) 1,822 1,813 0.1 1,873 1,885) 1,834)
Fabricated metal products.. 35,007] 35,178] 35,341 0.5 35,203] 35,425] 34,747
Machinery... 51,226] 51,510} 51,776] -0.6 51,647| 51,868] 48,714]
Farm machinery. 2,208 2,193 2,161 +07 2,191 2,226} 2.072
Construction machinery. 31879 3,896 31943 -0.4| 3,889 3,938 3,610}
Mining, oil field,
and gas field machinery... . 2,797 2,750} 2,698] +1.7 2,837 2,741 2,452
Industrial machinery. . 9,088 9.250] 91414] “18 9,265 9,266} 8.665
Photographic equipment. 2414 2,427 2.410 0.5 2,435 2,453) 2,148
Ventilation, heating, air-conditioning,
and refrigeration equipment. 4,840] 4,862 4,769 -0.5 4,967 5,021 4,545]
Metalworking machinery. 6.153 6,133 6.245] +0.3 6,241 6,164] 5,794]
Turbines, generators, and other
Power transmission equipment. 5,451 5,523 5,626 13 5,552 5,581 5,336
Material handling equipment. 2.614 2,642| 2,656 at 2,671 2,722 2,488]
Computers and electronic products. 58,795] 59,051 59,733} -0.4] 59,601 59,207| 57,008|
Electronic computers. 3,662| 3,758} 3.719 -26 3,715] 3,676 3,491
Computer storage devic 1,887 1,939 1,969 “27 1,993 2,006| 1,795
Nondefense communications
equipment...... - 11,037] 11,1021 11,656] -0.6 11,058] 10,938] 12,460]
Defense communications equipment...... 67 | 561 +25] 01 622
Audio and video equipment 1,183) 1,146 1,087) +3.2! 1,119 1,029 1,003)
Semiconductors. 8,439) 8,479 8,505 -0.5 8,627] 8,691 7,334
Electronic components. 9,851 9,842] 10,021 +01 9,884] 9,759 9,316
Nondefense search and navigation
equipment. 2,703 2,695 2,678] +0.3 2,739} 2,754] 2,673
Defense search and navigation
equipment. ant 3,249 3,191 4.2) 3,178| 3,323 3,264 -2.6
Electromedical, met
‘and contol instruments 11,966] 11,799] 11,904] +1.4) 12,082} 11,865 10,657; $13.4
Electrical equipment, appliances,
and components... 15,833] 15,964] 16,078 0.8 0.4} 16,126] 16,295 15,114 +67
Electric lighting equipment. 1.786) 1.776 1,857 +0.6 “2.9 1,805 1,795) 1,846 “2.2
Household appliances........~ 2,425 2.463 21544] “15 15 2,621 21641 2,744 “4.5
Electrical equipment. 4,985 5,038| 5,012 vd +08) 5,001 5,080 4,448 +124
Batteries....... 819 ‘809 Boz} +12 “3.1 840 814 832 +1.0
Transportation equipment. 75,800] 76,078] 75,007 0.2 -13] 75,783} 75,786 77,433] “24
‘Automobiles. . 2,103) 2,268 27 73 -0.3 21126) 2,295 2,283 6.9
Light trucks and utility vehicies. 1,750] 1,803 1,606 “2.9 5.6 1.813) 1,836 1.858) “2.4
Heavy duty trucks .. 993 1,020 1,027 -2.6 +0.6] ‘989 1,003 1,065 7
Motor vehicle bodies, par
and trailers. . 17,176} 17.279} 17,104] 0.6 -1.3] 16,915] 16,981 17,499] -3.3
Nondefense aircraft and pa 31,262} 31,172] 30944) +03 ad 31,343] 31,374] 31,919) “1.8
Defense aircraft and parts. 10,025] 10,043} 10,339] -0.2 7.3} 10,012] 9,847 10,960] 8.6
Ships and boats. 2,371 2,331 2,313 +17 +40 2374] 2,348] 2,245 +5.7
Furniture and related products. . 8,650] 8,734] 8.813 1.9) 0.6 8,746] 8,726] 8834 “1.0
Miscellaneous durable goods.. seen 18,217| 18,186} 18,268) -+0.2 0.9] 18,448] 18,262 17,867 +33
Nondurable goods industries... ees 172,985} 173,171] 173,446 0.1 -0.2] 172,855] 173,454] 172,922] 171,686 +0.7
Food products. 29,762} 29,518] 29,276} +08 0.3] 28,877] 28,900] 28,891] 29.602} “2.4
Grain and oil : 3,316 31339 3.357 -0.7 +0.3) 3.152 3,373 3,394 3.259] -3.3
Dairy products... 3,024 2.968 2.952 +1.9) +0.3| 3,117 3,055 2.947 3/209 2.9
Meat, poultry, and seafood products... 5,684 5.628 5,580 +10 . -0.2 5.734] 5.712 5.676 5,553 +33
Beverage and tobacco prodUets nnn 13,810] 13,779] 13,759 +0.2 . +4 13,568] 13,721 13,862) 13,619 0.4
Beverages. . 8,234] 8,232 8.262 0.0} 0.4] +1. 8,245] 8.273 8,331 7,970] +35
Tobacco. 5.576 5,547 5.497 +0.5 +09] +06 5,323 5,448 5,531 5,649 5.8
Textile mills 6,725 6.761 6.764] 0.5 0.0} -0.5 6,898 6,908] 6,746] 7,091 2.7
Textile products. 4,736 4,796| 4.834 13 08 “1.0 4,844) 4,872 4,806| 4,880] -0.7
Apparel. . 10,286] 10,328] 10,364 -0.4 03 -1:5| 10,491 10,281 10,245] 10,119 +3.
Leather and allied products... 1,540 1.565, 1,587 “1.6 14] 40.8] 1,548 1,551 1,553 1,709 “9.4
Paper products. 15,755] 15,841 15,983 -0: 09 v1 15,824] 15,947] 15,998] 16,277 2.8
Pulp, paper, and paperboard mills... 7,126 7.148 7431 -0.3 +0.2 0.2 7.179) 7,204 7,155 7.014 +24
Paperboard containers. 4,397 4.457 4,485] 13 0.6 17 4,384) 4.449 4,462 4,854 “27
Printing. 6.496] 6,508 6,633 0.2 1:9 0.2 6,392 6.467 6,571 6,786 5.8
Petroleum and coai products. 13,337) 13.295] 13,219] +03 +06 1.3] 13,716] 13.459} -12\942| 13,530] +14
Petroleum refineries 14.403] 11.420) 11/334] 0.1 +0.8 -15] 11,690) 11.557] 111072} 111625 +06
Basic chemicals. 52,324] 52,322) 52/432, 0.0} 0.2} +0.3] 52,362] 52.576} 52,454] 49,768 +5.2
Pesticides, fertilizers, and other
agricultural chemicals. | 2,974] 2.977 2,962 0.1 +05] +07 2,890] 3,205 3,439 2,654 +89
Pharmaceuticals and medicines. o 17810) 17,705] 17/918 +0.6 1.2] +05] 17:78) 17,617 17,527] 16,345 +88
Paints, coatings, and adhesives. 3,299 3,332 3/302 1.0] +09} +13 31358 3,405 3,393 3,183 +55
Plastics and rubber products. 18,214] 18/458] 18,595 13 -0.7 +0.2} 18,335] 18,772] 18,854] 18,305 +02

° 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 13

Unfilled Orders/Shipments ratio’

industry May | Apr | Mar | Feb | May | Apr | Mar | Feb
2001° | 2001’ | 2001 | 2001 | 2001 | 2001‘ | 2001 | 2001
All manufacturing industries. 1.37] 1.41 1.38} 1.39 x) ty ~ a)
Durable goods industries 1.59] 1.64] 1.58{ 1.61] 4.15] 4.28] 4.11] 4.09
Wood products........ 1.37] 1.46) 1.51] 1.50 x oo x) 0
Nonmetallic mineral products. 1.30} 1.34) 1.36} 1.34) 9) ea) x) a)
Primary metals....... 1.75] 1.85) 1.81) 1.84) 1.52] 1.58) 1.54) 1.57
Fabricated metal products. 1.70) 1.74) 1.72) 1.72] 244) 2.19) 2.18) 2.20
Machinery. ce 2.03} 2.08] 2.05] 202} 262] 2.68] 264) 2.70
Computers products.) 1.54) 1.51] 1.41] 1.41] 4.12) 4.41] 3.92} 3.87
Electrical equipment. appliances,
and components 1.39) 1.43) 1.41] 1.41] 1.64) 1.72] 1.73) 1.78
Transportation equipment... 141] 1.54] 1.43] 1.53] 8.83] 9.56] 8.81) 8.74
Furniture and related products.. 1.42] 1.42] 1.45] 1.42] 1.23] 1.23} 1.29] 1.31
Miscellaneous products... 1.86] 1.89] 1.90] 1.88 ~ x) Ca )
Nondurable goods industries. ait} 4.44f 1.93) 1.12 x) x ~ (x)
Food products........ 0.78} 0.78] 0.77] 0.78 i) (x) Xx) Xx)
Beverage and tobacco product: 1.35] 1.46] 1.45] 1.41 rea) x) (x) )
Textiles. 1.69] 1.71) 1.69] 1.64) ) x) x) ea
Textile products. 1.73] 1.75] 1.77] 1.75) ea) x) x) ~
Apparel... 1.94} 1.92] 1.90] 1.92 ea) a) x) x)
Leather and allied products 1.96[ 1.98] 1.95] 1.89 ea) o o &)
Paper products. 117) 1.19) 1.18) 1.18 ea) oo ) ~
Printing. 0.75] 0.76 0.76] 0.77 &) x) 0 ow
Petroleum and coal products. 0.66} 0.68] 0.71] 0.69 a) x) x) oo
Basic chemicals... 1.43} 1.45] 1.41] 1.40 x) x) x) oo
Plastics and rubber products. 1.22] 1.26) 1.25) 1.25 (x) (x) x) 3)

° 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

May May May May

Industry May? | 2000- May? | 2000- May? | 2000- May? | 2000-

May’ | 1996- | Apr | May’ | 1996-| Apr | May’ | 1996-] Apr | May’ | 1996- | Apr

2001 | 2000 | 2001 | 2001 | 2000 | 2001 | 2001 | 2000 | 2001 | 2001 | 2000 | 2001
All manufacturing industries... oo} (NA)] (NA) Oo} (NA)] (NA) cof NAN} (NA) OX} (NAD] (INA)
Durable goods industries. 0.1f NA] (NAI] 0.1] (NANT (NAN 0.0], (NAN] (NA) 0.0] (NA)] (NA)
Wood products... (x) (NA)] (NA) Od} (NA)] (NA) (X)]  (NA)] (NA) (}  (NA)] (NA)
Nonmetallic mineral products (x)]  (NA)] (NA) OO} (NAD (NA) xi] (NA)] (NA) Oo} (NA)] (NA)
Primary metals 0.4] (NA)] (NA)]-0.3} (NAT (NAD 0.2) (NA) NAD] -O.1] (NA) (NA)
Fabricated metal products. 0.5] (NA)] (NA)] 0.5] (NA) (NA) -0.1] INA] (NA) -0.1](NA)] (NA)
Machinery. orf (NA)} NA] 0.1] (NA) (NANT 0] INA) (NA) 0.1] (NAN INA)
Computers and electronic products. o.4f (NA)} (NA)] -0.41 (NA)] (NA) 0.1] NA} (NAL 0.5] (NAI] (NA)

Electrical equipment, appliances,

and components. 0.3] (NAN (NA) -2.5] (NA) (NAD 1.6] (NA)] (NA) -0.2) {NA} (NA)
Transportation equi 0.1] (NA)} (NA)] 0.1] (NA)] (NA) = 0.0] (NA)] (NA)] 0.0], (NA) (NA)
Furniture and related products... (x)] (NA)] (NA) x} (NA) (NA) (]  (NA)] (NA) ()} {NAY} (NA)
Miscellaneous products.. bo} (NAI] (NA) OO} (NAN) (NA) (x) (NA)] (NA) xi] (NA)} (NA)
Nondurable goods industries. oo} (NA)] (NA) OO} (NADP (NA) (Xd (NAD] (NA) Oo} (NA)] (NA)
Food products......... Oo} (NA)] (NA) ()} (NANT (NA) (x)} (NA)} (NA) (O} (NA)] (NA)
Beverage and tobacco © products. Oo} (NA)] (NA) (] (NA)] (NA) (}(NA)} (NA) CO] (NA)] (NA)
Textiles. Od} {NAD} (NA) ()} (NA)] (NA) (xi (NA)} (NA) OO} (NA)] (NA)
Textile products. x} (NA)} (NA) (x)} (NA)] (NA) (x)]  (NA)] (NA) 0} (NA)] (NA)
Apparel... Oo] (NAD) (NA) Oo} (NA)] (NA) x} (NAD) (NA) x} (NA)} (NA)
Leather and allied products... Gof (NAT (NA) ()} (NANT (NA) (XO) (NADP (NA) (Xd  (NA)P (NAY
Paper products. (X} (NANT (NA) Oo} (NAY (NA) OO} (NAY) (NA) Gx] Ay] (NAD
Printing. : (xi}(NA)] (NA) (} (NAT (NA) (] (NAD) (NA) (]  (NA)] (NAD
Petroleum and coal products. OO} (NA) (NA) (x) (NA)} (NAD OO} (NAP (NA) x} Wa] (NAD
Basic chemicals........ (O} (NA) (NA) Go} (NA)T (INA) Go} INAH (NA) O} WAN] (NA)
Plastics and rub! ba} (NA)} (NA) bop NAY} (NAD (X)} (NA) (NA) OO} NAN] (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.

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

> 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

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


Manufacturers’ Shipments,
Inventories, and Orders

May

2001

Issued July 3, 2001

M3-1(01)-5
For Wire Transmission 10:00 a.m. E.D.T., July 3, 2001
All figures in the text are in seasonally adjusted current dollars Current
Manu Total M Industrial
Total Manufacturing ‘otal Manufacturing
Shipments and Three Month New Orders and Three Month Reports
Moving Average Moving Average
Billions Of Dollars

Billions Of Dollars
20

400 400

380 380

360 Are 360
340 Ss, 340
—-

SELSEESEREEEE

May-01

EOPEPEEEEEE

— — = Shipments Average — — - Neworen 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 U/S Ratios

500 500

480 |} —_____— = s 480
460 = ao 460

SUSESOES SEES:

— — = bventores

Average

USCENSUSBUREAU

Helping You Make Informed Decisions

U.S. Department of Commerce
Economic and Statistics Administration
U.S. CENSUS BUREAU



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}
May | Apr. | Mar. | Apr.-|Mar.-}Feb.-| May | Apr. | Mar. | May | May
2001° | 2001' | 2001 | May | Apr. | Mar. | 2001° | 2001° | 2001 | 2000 |01/00] 2001" | 2000
‘SHIPMENTS
All manufacturing industries. 347,786] 339,031] 347,486] +2.6 350,296] 330,087] 369,578] 362,265, -3.3}1,699,36711,757,580
Construction materials and supplies..... | 33,915] 32,739] 32,737] +3.6| 35,305] 32,657] 33,433] 36,603 162,664] 175,615
Information technology. 32,045) 32,457} 34,427 1.3] 29,123) 28,011] 39,815} 32,868) 155,261] 161,401
Capital goods. 72,842| 71,265] 74,881] +2.2 70,315] 65,845] 84,524] 75,602 352,597] 360,638,
Nondefense capital goods”. 66,851| 65,509] 69,017] +2.0 64,310] 60,387| 78,171] 69,997 324,418] 332,867
Excluding aircraft. 62,204] 62,061} 64,277) +0.2 59,212] 56,944] 72/678] 63,442 302,859] 310,770
Defense capital goods’ 5.991] 5,756] 5.864) +4.1 6,005} 5.458] 6,353] 5,605 28,179 27,771
Consumer goods........ 131,684] 127,707] 128,493] +3.1 133,568] 125,182] 133,359] 131,488 635,116] 642,016
Consumer durable goods.. . 35,499] 33,357] 34,519] +6.4 37,182] 33,510] 39,007) 38,660 172,535] 192,671
Consumer nondurable goods.. 96,185] 94,350] 93,974] +1.9) 96,386] 91,672] 94,352] 92,828) 462,581] 449,345
NEW ORDERS
All manufacturing industries... 343,673] 335,415] 347,359) +2.5 3.4] +0.7] 341,471] 325,465] 369,452} 364,092 -6.2]1,688,974/1,787,119
Construction materials and supplies 33,577] 32,236} 32,506) +4.2 8 -0.2) 34,834] 32,444] 33,634] 36,683 -5.0} 161,839) 177,734
Information technology. 7 30,221} 31,514] 33,703 5 26,840] 26,967] 39,213] 32,717] -18.0] 153,175] 166,085
Capital goods... 71,176) 70,864) 76,571 5 66,034} 62,767} 87,491} 73,720] -10.4} 350,405} 372,734
Nondefense capital goods”. 64,933] 64,619] 68,344 5) 61,016] 57,946} 76,690] 69,223] -11.9] 319,647] 344,177
Excluding aircraft. 60,414] 60,215] 61,767/ 5| 57,061| 55,141] 69,646] 64,375] -11.4] 299,884] 322,675
Defense capital goods‘. 6,243] 6,245|  8,227| 1 5,018] 4,821] 10,801] 4,497] +11.6] 30,758] 28.557
Consumer goods. 131,147] 126,881] 127,666) .6 | 133,150] 124,453] 131,850) 132,038] +0.8| 632,742) 643,908
Consumer durable goods. 34,962] 32,531] 33,692) 4 36,764] 32,781] 37,498] 39,210) 6.2] 170,161] 194,563
UNFILLED ORDERS
All manufacturing industries... 578,756] 582,869] 586,485) 0.7 -0.6| 0.0] 581,621] 590,446] 595,068] 552,753] +5.2| (x) (xX)
Construction materials and supplie: 34,933] 35,271] 35,774] | -1.0 0.6] 35,243] 35,714] 35,927] 36,977] | -4.7 ~) 0
Information technology. 110,407] 112,231] 113,174) 1.6 8) -0.6] 111,035] 113,318] 114,362] 107,097} +3.7 (xX) (xX)
Capital goods... 401,115] 402,781} 403,182 0.4, 0.1} +0.4] 402,952] 407,233] 410,311] 359,069] +12.2 om (x)
Nondefense capital ‘goods’. an 275,821] 277,739] 278,629} 0.7 0.3 -0.2] 275,873] 279,167] 281,608) 254,576] +8.4| m (xX)
Excluding aircraft. 158,512} 160,302] 162,148] Ad ad -1.5] 159,738] 161,889] 163,692] 157,631] +1.3; Lyd) (x)
Defense capital goods* — 125,294] 125,042] 124,553] +0.2] +0.4] +1.9] 127,079] 128,066] 128,703] 104,493] +21.6 ia) (x)
Consumer goods. sects 8,108] 8,645] 9.471] -6.2| -8.7/ -8.0| 8,506] 8,924! 9,653] 11,571] -26.5 00) )
_ Consumer durable goods.............. | 8,108} 8.645] 9.471] -6.21 -8.7| -8.0o] 81506] 8.924) 9653] 11/571] -265| 0 x)
TOTAL INVENTORIES
All manufacturing industries. 478,082} 479,659] 480,579, -0.3) 0.2 -0.8] 479,548] 480,751] 477,458] 473,761] +1.2 (x) (Xx)
Construction materials and supplies. a 48,756] 48,905] 49,210 -0.3] -0.6 -0.2) 48,793} 49,127] 49,597] 48,124) +1.4] (x) (xX)
Information technology. . 48,737] 49,035] 49,480 -0.6| 0.9 -2.3] 49,384} 49,175] 48,117] 47,750] +3.4] (X) (x)
Capital good: 149,579} 149,960} 150,137 0.3] 0.1 -1.1] 150,825} 150,648] 148,039} 147,134) +2.5 (x) (x)
Nondefense capital goods”. 130,536] 130,913] 131,727] -0.3] -0.6| -0.9] 131/694] 131.636] 130,040] 127.849] | +3.0) ~ rd
Excluding aircraft. 106,294] 106,758] 107,737 0.4 0.9 -0.9] 107,592} 107,399] 106,331] 103,067) +4.4] (Xx) (x)
Defense capital goods*.. 19,043] 19,047] 18,410) 0.0} +3.5 -2.3) 19,131] 19,012] 17,999] 19,285 0.8 (x) (x)
Consumer goods... 130,512] 130,514] 130,390] 0.0} +0.1 -0.5] 130,351] 129,982] 129,202] 128,997} +1.0] (xX) (x)
Consumer durable goods. 28,761] 29,047] 28,835 1.0} +0.7 -1.0] 29,054} 29,044] 28,760] 28,696] +1.2| (xX) (x)
Consumer nondurable goods. . 101,751] 101,467] 101,555] +0.3] 0.1 -0.3] 101,297] 100,938] 100,442] 100,301] +1.0] ia} (x)

Preliminary " Revised (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.

2 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 ordnanc:
and search and navigation equipment.

ommunications equipment; aircraft; missiles, space vehicles, and parts; ships and boats;

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


Summary

New orders for manufactured goods in May increased $8.3
billion or 2.5 percent to $343.7 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a
3.4 percent April decrease. Year to date, new orders for 2001 are
4.8 percent below the same period a year ago.

Shipments increased $8.8 billion or 2.6 percent to $347.8
billion, following a 2.4 percent April decrease. Year to date,
shipments for 2001 are 2.6 percent below the same period a year
ago.

Unfilled orders, down five consecutive months, decreased
$4.1 billion or 0.7 percent to $578.8 billion, following a 0.6
percent April decrease. The unfilled orders-to-shipments ratio was
4.15, down from 4.28 in April.

Inventories, down four consecutive months, decreased $1.6
billion or 0.3 percent to $478.1 billion, following a 0.2 percent
April decrease. The inventories-to-shipments ratio was 1.37, down
from 1.41 in April.

New Orders

New Orders for manufactured durable goods in May
increased $5.4 billion or 3.0 percent to $188.3 billion, revised
from the previously published 2.9 percent increase.

Transportation equipment, up three of the last four months,
had the largest increase, $1.8 billion or 3.5 percent to $54.5
billion, due to motor vehicles and parts. Computers and
electronic products increased $0.8 billion or 2.3 percent to $35.6
billion, due to semiconductors. Primary metals increased $0.6
billion or 5.6 percent to $12.3 billion; this is the largest increase
since February 1999. Machinery increased $0.6 billion or 2.7
percent to $24.7 billion.

New orders for nondurable goods increased $2.8 billion or
1.9 percent to $155.3 billion.

Shipments

Shipments of durable goods in May increased $5.9 billion
or 3.2 percent to $192.4 billion, revised from the previously
published 3.1 percent increase. This is the largest increase since
February 1998.

Transportation equipment, led by motor vehicles and parts,
had the largest increase, $4.6 billion or 9.3 percent to $54.0
billion. Primary metals increased $0.5 billion or 4.2 percent to
$12.3 billion; this is the largest increase since December 1994.
Wood products increased $0.4 billion or 6.7 percent to $7.2
billion; this is the largest increase since February 1993.
Computers and electronic products, down five consecutive
months, decreased $0.8 billion or 2.1 percent to $38.2 billion.

Shipments of nondurable goods increased $2.8 billion or
1.9 percent to $155.3 billion. Beverage and tobacco products,
petroleum and coal products, and basic chemicals had the largest
increases.

Unfilled Orders

Unfilled Orders for durable goods in May decreased $4.1
billion or 0.7 percent to $578.8 billion, unrevised from the
previously published 0.7 percent decrease. This is the fifth
consecutive decrease.

Computers and electronic products, led by semiconductors,
had the largest decrease, $2.6 billion or 1.8 percent to $139.4
billion; this is the sixth consecutive decrease. Electrical
equipment, appliances, and components decreased $0.5 billion
or 2.7 percent to $17.8 billion. Transportation equipment
increased $0.5 billion or 0.2 percent to $289.5 billion.

Inventories

Inventories of durable goods in May decreased $1.4 billion
or 0.5 percent to $305.1 billion, unrevised from the previously
published 0.5 percent decrease.

Primary metals, down seven consecutive months, had the
largest decrease, $0.3 billion or 1.5 percent to $21.5 billion.

Inventories of nondurable goods decreased $0.2 billion or
0.1 percent to $173.0 billion, mostly due to plastics and rubber
products.

By stage of fabrication, May finished goods decreased 0.6
percent in durables and 0.3 percent in nondurables. Work in
process decreased 0.8 percent in durables and decreased slightly
in nondurables. Materials and supplies decreased slightly in
durables and increased 0.1 percent in nondurables.

NOTE: The data in this press release are consistent with the revised historical series released May 21, 2001 and the May Advance report on durable goods released
June 26, 2001. The revised historical series are available on our internet site.
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 June is scheduled for July 26, 2001 at 8:30 a.m. and the full report on August 2, 2001 at 10:00 a.m. For sale by the Superintendent of
Documents, U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through STAT-USA/Internet at www. stat-usa.gov.


Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS FOR INDUSTRY GROUPS

(Millions of Dollars)

Seasonally Adjusted Not Seasonally Adjusted *
Monthly Percent Change Monthly Year to date
Industry
May | Apr. | Mar. | Apr.-|Mar.-|Feb.-| May | Apr. | Mar. | May | May
2001° | 2001' | 2001 | May | Apr. | Mar. | 2001" | 2001" | 2001 | 2000 }01/00] 2001" | 2000
All manufacturing industries. 347,786] 339,031] 347,486] +2.6] -2.4] —-0.11 350,296] 330,087] 369,578] 362,265] —-3.3] 1,699,367] 1,757,580
Excluding transportation. 293,821) 289,662) 294,916] +1.4 1 292,901} 280,915] 310,604/ 302,102 -3.0] 1,440,561] 1,468,810
Excluding defense. “XY | 340/918] 332/458] 340,693] +25] -2 343/461| 323,907] 362,144] 355,917] -3.5] 1,667,175] 1,726,006

Durable goods industries... .. | 192,442] 186,519] 194,082] +3.2] -3.

Wood products......... see 7,215} 6,765] 6,537] +6.7] +
Nonmetallic mineral products 7.712) 7.499] 7,460) +2.8] +
Primary metals....... 12,277 11.785] 12,191] +4.2)  ~
Iron and steel milis. 5,355] 5,022} 5,237] +66
Aluminum and nonferrous metals....... | 5,632] 5.518] 5,680) +21]
Ferrous metal foundries. | 1,290] 1.245} 1,274) 43.6) -
Fabricated metal products. +17
Machinery. +16) -
Farm machinery...
Construction machinery...
Mining, oil field, and
gas field machinery
Industrial machinery.
Photographic equipment
Ventilation, heating, air-conditioning,
and refrigeration equipment
Metalworking machinen
Turbines, generators, and other
power transmission equipment........
Material handling equipment. :
Computers and electronic product:
Electronic computers.
Computer storage devices...
Nondefense communications

193,294] 180,057] 212,635] 206,763] -6.5] 942,346} 1,004,423

7,680] 6,819] 6,560} 7,945] -3.3] 33,096] 38.707
8,085} 7,540] 7,385] 8,444] -4.3] 36,579] 39,856
62,012] 71,454

13,488] 13,931

equipment........... -10.6} +0.1] 6,268] 5,951] 9,169] 9,000] -30.4] 34,093] 42,267
Defense communications equipmen +7.8) -14.9 310 267| 286) 1] +23.5 1,391 1,247
Audio and video equipment, 15.0] -3.2 650 662} 1,030] 750} -13.3] 4,091 4,305
‘Semiconductors. 10.4] 3.8] 6,638] 7,176] 9,232) 8,255] -19.6] 40,136] 38,515

Electronic components.
Nondefense search and navigation

equipment. -19] -0.1 758] 696] 815] soo] -5.3| 3,662) 3,975
Defense search and navigation
equipment. +0.3] +1.2] 1,643] 1,623] 1,905] 1,572] +45] 8,421] 8,127

Electromedical, measuring,
and control instruments.
Electrical equipment, appliances,
‘and components.
Electric lighting equipment
Household appliances.

Electrical equipment......... 4.5) +2.0) 3,232) 2,925] 3,811] 3,219] +0.4] 15,951] 16,195
Batteries. . “2.24 +02 519] 452 526) 580] -10.5 2,417] 2,868
Transportation equipment............ -6.1] +5.0] 57,395] 49,172] 58,974] 60,163] -4.6| 258,806] 288,770
‘Automobiles. 5.7} +12.3] 9,169] 7,549} 9,065] 9.341] -1.8} 40,018] 46,791
Light trucks and utility vehicies.. -4.6] +12.6] 12,870] 10,707] 12,840] 12,830] +0.3| 55,386] 63,297
Heavy duty trucks .. 5.6] -0.2} 1,053] 1,019] 1,141] 1,720] -38.8 5,230] 8.911
Motor vehicle bodies, parts,
and trailers... -3.1) +2.5] 18,365] 16,718] 18,513] 19,694] -6.7] 85,682] 98,424
Nondefense airc 8339] 7.127] 8.342) +170] -14.6] -5.1] 8704) 6,826] 91410] 9,636} -9.7| 38.911] 36.908
Defense aircraft and parts. 2,300] 2,153] 2,250] +68] -4.3] +49] 2.275] 1,967] 2.480] 2,043] +11.41 10,450] 10.300
Ships and boats.. co 1,708] 1,614[ 1,740) +5.9] -7.2] +7.3] 1.841] 1,670] 1,974] 1/836] +0.3 8.531 8,808
Furniture and related products. 6,098] 6,158] 6,103] -1.0] +0.9] -2.0} 5,832] 5,970] 6,337] 6369) -8.4) 30,381] 31/551
Miscellaneous durable goods............... 9.770] 9,638] 9.605] +1.4] +0.3] -21] 9/651] 9,236] 10,250} 9.293] +39] 47,058| 44/799
Nondurable goods industries....... 185,344] 152,512] 153,404] +1.9] -0.6) -0.8] 157,002 150,030] 156,943] 155,502] +1.0| 757,021] 753,157
Food products. 38,200] 37,959] 37,986] +0.6] 0.1] +1.2} 37,874) 36,750] 38,964) 36,138] +4.8] 185,431] 177,989
Grain and oilseed milling............-...... | 4,086] 4,007] 4,063] +2.0] -1.4] +0.7| 4/194] 3/gaa] "4'102| 3/948] 46.2] 20,393] 19.298
Dairy products. 5.692] 5,563] 5,439] +23] +23} +25] 5809] 5.371] 5.678) 5.204/+11.6| 26.849] 24.961
Meat, poultry, and seafood products.. | 11.447] 11/535] 11,448] 0.8] +0.8] +2.0] 11,595] 11.337] 11/507] 10,991] +5.5| 55.668] 52.498
Beverage and tobacco products... 10,246] 9,439} 9,504] +85] -0.7) -1.2] 10,936} 9,179] 9,668] 10,269} +65] 47.310] 45,772
Beverages......... sescecenneeeneenee 5.849] 5.450) 5.675] +7.3] -4.0] +0.2] 6319] 5.494] 5.633] 5.831] +84] 27,256] 26,195
Tobacco. 4397) 3,989] 3,829] +10.2) +4.2) -3.2] 41617] 3.685] 4035] 41438] +4.0] 20,054] 19.577
Textile mills........ sercseesseessennnvnee | 3,990] 3,955] 4,000} 40.9] -1.1] -3.7] 4,016] 3,797] 4/294] 4/499] -10.7] 19,850) 22,275
Textile products, 2,734| 2,734) 2,733] 0.0] 0.0] -1.9) 2,777) 2,765] 2,883) 2,776] 0.0} 13:587| 13,769
Apparel........ cevvveeeneeenns 5.311] 5,393] 5,463] -1.5} -1.3] 0.2) 4,749] 5,091] 5.616] 4902] -3.1] 25.978] 26.010
Leather and allied products. 787 7390 813] 0.4) -28) -2.4] 733 706: 821 781) 6.1 31803 3.871
Paper products......... ve | 13,504] 13,365] 13,528) +1.0) 1.2) -1.1] 13,357] 12,966] 13,655] 14,371] -7.1{ 66.843] 70.997
Pulp, paper, and paperboard milis.. 6,223] 6.237] 6.252] -0.2) -0.2] -1.5] 6070] 6.063] 6318] 6.614) -8.2) 31.145] 33,120
Paperboard containers. 4.131) 4037] 4.113] +23) -1.8] -1.5] 4,138] 4,005] 4/159] 4.606] -10.2] 20,425] 22.498
Printing... sos | 8,658 8,520] 8,689] +16] -1.9] +06] 8,253] 8.092) 8,757] 8.646) -4.5] 41.412] 42/260
Petroleum and coal products. 20,302| 19,603] 18,687) +3.5] +4.9] -4.1] 21,061] 19,413] 17,395] 19.204] +9.7] 93,958] 89.824
Petroleum refineries. ssoseeee | 18,288] 17,702] 16,852) +3.3] +5.0] -4.8] 18,963] 17,606] 15,649] 17,289] +9.7] 85.383] 81.334
Basic chemicals. 36,713] 36,135} 37,122] +1.6] -2.7] 0.9} 37,562] 36,246] 39,241] 37/764] -0.5| 183/950] 183,178
Pesticides, fertilizers, and other
agriculturat chemicals. 1,785] 1,825} 1,880] -2.2] -2.9] +5.8] 2,695] 2,899] 2,683] 2,620] +29! 11,696] 11,235
Pharmaceuticals and medicines....... 10,293] 10,090} 10,318] +2.0] -2.2] 4.9] 10,161] 9.711] 10,403] 10,048] +1.1] 50,299] 48,073
Paints, coatings, and adhesives. 2,547) 2,450} 2,489] +4.0] -1.6] +0.2] 2,830} 2:597] 2617] 2.692] +51] 12.751] 12.431
Plastics and rubber products. » | 14,899] 14,613] 14.879] +2.0]  -1.8] 0.1] 15,684} 15/025] 15,649] 16,152] -2.9] 74:89) 77,212
° 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