Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
y change
Jan, Dec, Nov.| Dec.-|_ Nov.-} Oct Jan. Dec. Nov. Jan. Jan
1993" 1992" 1992| Jan.{ Dec.] Nov. 1993P 1992' 1992 1992} 93/92
All manufacturing industries . . 378,033] 378,926] 381,266 02 06 0.6} 377,956] 372,815} 381,121] 383,927 -16
Manufacturing industries
with unfilled orders 249,703} 250,532} 253,181 03 -1.0 08} 247,910] 244,672] 252,312] 259,545 AS
without defense capital goods 347,446] 348,001] 350,579 -0.2 -0.7 -0.4| 348,303] 343,073} 350,247] 349,107 0.2
Durable goods industries 234,193] 235,360] 237,542 -0.5 -0.9 -0.8| 233,100] 230,530} 237,538] 244,639 47
With unfilled orders sees 216,218] 217,239} 219,275 0S 0.9 08} 214,666] 212,352] 219,084] 225,913 5.0
Stone, clay, and glass products .... 7,835 7,846 7,926 01 -1.0 +01 7,862 7741 7,154 7,944 -10
Primary metals . ve 19,350] 19,332] 19,450] +0.1 0.6 -11] 19,356] 19,381] 19,432] 19,954 “3.0
Blast furnaces, steel mills. 9,601 9,557 9,594 +05 0.4 08 9,707 9,699 9,969 2.6
Iron and steel foundries 1,414 1,430 1,443 ll 0.9 +13 1,422 1,405 1,392 1,343 +59
Nonferrous and other Primary
metals : 8,335 8,345 8,413 01 08 “18 8,227 8,140 8,341 8,642 48
Fabricated metal products : 22,494 22,615 22,811 05 0.9 0.6 22,500 22,162 22,596 22,972 21
Industrial machinery and equipment 43,979] 44,328] 45,153 08 18] +02] 43,802] 43,090] 45,396] 45,978 47
Engines and turbines... . 3,606 3,601 3613) +0.1 03] +07 3.418 3,264 3,795 3370) +14
Farm and garden machinery 2,409 2.422 05 05) +32 2471 2.412 2413 24a3{ +11
Construction, mining and
matcrial handling equipment 5,856 5,855 5.913 0.0 “1.0 +15 5,903 5.758 S.R35, 6319 bt
Metalworking machinery 5,373 5.497 19 23 221 5.214 5.214 5.521 5.616 7.2
Computer and office equipment 9357 9.293 9.767 +07 49 +03 8.930 9.976 9.694 AR
ctronic and other
clectrical equipment 30,977] 30.676] 30.688] +10 0.0 0.0] 30671] 29.833] 30414] 0.630] +01
F rical transmission and
distribution equipment and
industrial apparatus 4019 4,058 4,155 “10 23 “10 4,000 3,964 4,152 4,268 63
Household appliances 2,609 2,541 2,585 +27 17 28 2,591 2,346 2,505 2,721 48
Blectric lighting and
wiring equipment . 2,904 2,909 2,979 02 23 04 2,805 2,766 2,950 2,860 “19
Household audio and
video equipment . 1,120 1,150 1,194 26 37 07 1,096 1,091 1,131 1,208 93
Communications equipment 7,958 7,602 7408) +4.7| +26) +21 7,943 7,520 7,423 7,332] +83
Electronic components . 8,972 8,962 8829} +01] +15 -0.6 8,882 8,812 8,809 8781] +12
Transportation equipment . 66,465} 67,170] 68,171 “10 1S 1.9] 66,046] 65,725} 68,674] 73,163 9.7
Motor vehicles and parts 11,314 11,503 12,092 1.6 49 25 11,655 11,542 12,367 12,777 88
Aircraft, missiles,
space vehicles, and parts. . 50,844 51,428 51,784 11 0.7 -2.0} 50,065 50,020 52,077 55,915 -10.5
Shipbuilding and tanks . 1,775 1,810 1,815 19 0.3 +0.2 1,738 1,733 1,774 2,117 179
Instruments and related products . . . 23,118 23,389 23,275 12 +05 0.9 22,677 22,694 23,320 23,959 54
Search and navigation equipment . 6,640 6,867 6,904 33 05 “17 6,421 6,596 6,891 7869| 18.4
Measuring and controlling devices 6,621 6,601 6,534 +03 +10 ll 6,568 6,485, 6,559 6,691 -18
Medical instruments and supplies - - 6,248 6,314 6,332 -1.0 03) +02 6,179 6,187 6,362 6,014) +2.7
Photographic goods . 2,928 2,923 2,865 +02 +2.0 -1.0 2,843 2,764 2,878 2,750 +34
Alll other durable goods . 19,975} 20,004] 20,068 0.1 03 05] 20,186] 19,904} 19,952} 20,039] +0.7
Nondurable goods industries 143,840] 143,566 | 143,724 +0.2 01 0.4] 144,856} 142,285] 143,583] 139,288 +4.0
With unfilled orders 33,485 33,293 33,906 +0.6 “18 08 33,244 32.320 33.228 33.632 1.2
Vood and kindred products 30,684 30.453 30,538 +08 0.3 -1.0 31,305 30.884 32,044 30,353 +31
Meat products 2,922 2.863 27854) +21] +03 19 2,739 2.923 2097] -+7.0
Dairy products 2,755 2.699 2,743) +21 “1.6 23 2.585 2.682 2499] 48.7
Beverages 693 2.7 0.3 0.4 5.615 5,718 5.478 +10
All other foods, except fats and oils 7 +0.7 0.0 08 18.262 18,895 18,064 +14
Vobacco products : 6,800 “1S 03 02 6.938 6.674 6998] 13.0
Fextile mill products 9155 +03 0.2 +03 8.711 8.878 8.658, +53
Broadwoven fabrics and
other textiles : $217 $,223 5,257 0.1 06 14 5,238 5,028 5,180 5.180} +11
Paper and allied products 13,438] 13,394] 13,804} +0.3 “3.0 03] 13596] 13,307] 13,570] 13,786 :
Pulp, paper, and
paperboard mill products . 5,592 5,541 5,833 +09 5.0 0.7 5,676 5,540 5,702 5,718 0.7
Paperboard containers and boxes 3,242 3,222 3,239 +06 0.5 +03 3,330 3,277 3,180 3,348 05
Miscellaneous converted
paper products ...... 4,604 4,631 4,732 06 24 03 4,590 4,490 4,688 4,720 28
Chemicals and allied products 35,395] 35,354} 35,247] +0.1] +03) +02] 35,630] 35,118] 35,050] 33,922} +5.0
Industrial chemicals . . 17,418 17,498 17,609 05 0.6 +01 17,662 17,510 17,354 17,532 +07
Drugs, soaps, and toiletries . 13,175 13,092 12,934 +06 +12 0.0 12,964 12,787 12,993 11,684] +11.0
Petroleum and coal products . 11,315 11,246 11,296 +06 0.4 25 11,248 11,155 11,590 10,721 +49
Rubber and plastics products 11612] 11,611] 11,465 oo] +13] +0.7) 11,738) 12,631) 11,393] 11,219] +4.6
All other nondurable goods 25,546] — 25,585 251419 0.2) +0.7 -04| 25,016] 24,541) 24,384] 23,631 +59

? Preliminary. " Revised.


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

300 300
New Orders

280 | Shipments |—| 280

260 |- + 260

240 + 240

220 |- — 220

200 Lt 1 L i ! \ 1 1! 1 1 i 1 1] 2090

Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan
Jan. 1991 - Jan. 1993

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

VS Ratios UO/S Ratios
2.5 43
2.4 42
2.3 4
22 41
2.145 4
[

2 3.9
1.9 4
18 38
17 3.7
1.6 3.6
,
13 i 3.4
12 U1 \ \ L ! L ! \ \ N Nl \ LI 33

Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan

Jan. 1991 - Jan. 1993
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)

| ly adjusted Not seasonatily adjuste
Industry Monthly Percent Change Monthly, Percent
change
Jan. Dec Nov.| Dees} Nov Oct - Jan, Dee Nov Jan
1993P 1992! 1992 Jan. Dec Nov 1993? lyst 1992 1992
UNFILLED ORDERS
All manufacturing industries 474,704} 472,751] 471,514 +04 +03 -1.0| 474,726] 469.792] 468.300) 504,547 59
Market categories
Automotive equipment . . 1,648 1,616 1,641 +2.0 15S +09 1,651 1,584 1,630 1,706 3.2
Home goods and apparel see 10,643 10,249 10,259 +38 0.1 +15 9,983 8,779 9,181 9,076| +100
Consumer staples 1,366 1341 1,330] +19) +08 “1.0 1,397 1,381 1,336 1310 +66
Machinery and equipment .......| 198,266] 200,435] 200,454 “Ll 0.0 -18] 198,384] 199,843} 200,207] 214,136 14
Business supplies . . . : 5,737 5,752 5,541 0.3) +38 14 5,663 5,613 5,436 5,729 12
Construction materials
and supplies . : : 14,299] 14,056} 14,075} +1.7 0.1 -0.1] 14,152} 13,900} 13,808} 14,065 +06
Defense products .......-...+-] 122,241] 121,058] 121,050 +10 0.0 0.6} 123,459] 122,203} 121,259} 135,999 92
Other materials, supplies and
and intermediate products 120,504) 118,244] 117,164] +19] +09 -0.4} 120,037] 116,489] 115,443} 122,526 -2.0
Durable goods industries:
Nondefense capital goods ~......} 216,867] 219,290] 219,434 Al 01 -18] 217,273] 218,919] 219,429] 235,253 7.6
Excluding aircraft and parts . 72,730} 72,403] 72,353 +05) +01 0.7] 73,136] 72,032} 72,348] 76,027 38
Defense capital goods * ..... : 128,722| 127,521] 127,424 +09) +01 -0.7] 129,779] 128,353] 127,590} 143,726 97
Durables excluding capital goods 105,743{ 102,903} 101,658 +28] +12] +0.2] 104,980] 100,307] 98,923] 102,982 +19
Miscellaneous series:
Producers’ durable equipment .../ 222.049| 223,247] 222,462 0s} +04 15} 221,971f 221,241] 221,216] 238,154 68
Household durable goods 5,767 5,552 5,622 +39 “12 +22 416 4,475 4,835 5.034 +76
Information technology industries .| 31.998] 32,190} 31,061 06] +36 -15{ 31,720] 31,878] 31,244] 33.487 53
Health care equipment
and products 8,583 8.416 8.586] +20 20) +06 R582 8.416 8587 8.244 +4
FOTAL INVENTORIES
All manufacturing industries 378,033] 378,926] 381,266 0.2 -0.6 -0.6} 377,956] 372.815] 381,121} 383.927 “16
Market categories :
Automotive equipment . . . . 6,154 6,188 6,403 05 34 0.6 6,324 6,152 6,481 6,691 S55
Home goods and apparel 29,369] 29,493] 29,203 04] +1.0 0.0 29,226 28,305 27,931 27,342 +69
Consumer staples seen 59,449] 59,326] $9,337] +02 0.0 -0.9} 60,139] 59,299] 60,626} 57,700 +42
Machinery and equipment 86,131] 86,532] 87,960 05 “16 0.0} 85,728] 84,340] 88,339} 89,223 39
Business supplies 21,720] 21.578] 21,844 +07 “1.2 “Ll 21,464] 20,965] 21,734] 21,647 08
Construction materials
and supplies .............---] 22,638] 22,660] 22,740 0.1 4 0.2} 22,651] 22,296] 22,497] 22,382 +12
Defense products sees 28,775 29,116] 28,763 12] +12 -32| 27,992] 28,151 28,857| 32,848 -148
Other materials, supplies and
and intermediate products .....] 123,797] 124,033] 125,016 0.2 08 0.5} 124,432] 123,217] 124,656] 126,094 13
Durable goods industries :
Nondefense capital goods © . “| 80,975} 81,320] 82,711 04 “17 0.1] 80,489] 79,210) 83,009] 84,511 48
Excluding aircraft and parts . .. 53,093 53,171] $4,101 0.1 17} +04} 52,626} 51,500] $4,333) $4,812 40
Defense capital goods “ ....... 30,587 30,925 30,687 11 +08 3.0 29,653 29,742 30,874 34,820 148
Durables excluding capital goods .) 422,631] 123,115] 124,144 04 08 0.7] 122,958] 121,578] 123,655] 125,308 “19
Miscellaneous series
Producers’ durable equipment... 138,670} 139,317] 141,726 05 “17 0.3] 138,470] 136,238] 141,844] 143,652 3.6
Household durable goods ....... 12,673 12,701 12,804 0.2 0.8 -1.0 12,683 12,210 12,457 12,833 12
Information technology industries 27,983 27,682 27,976 +11 -ll +01 27,654 26,875 28,276 28,041 “14
Health care equipment
and products 13,400] 13,420] 13.353 01] +05) +01} 13.220) 13,132] 13.416] 12,371 +69

See footnotes at end of table 5.


ZW ORDERS

OF MANUFACTURERS’ SHIPMENTS AND
FOR TOPICAL SERIES
(Millions of dollars)

Table 5. VALU

Seasonally adjusted dt seasonally adjusted ©

Monthly Percent Change Monthly Percent Year to date
Industry chat
Jan. Dec. Nov.| Dec.-] Nov.-] | Oct.- Jan. Dee Nov Jan. Jan. 7

1993° 1992" 1992 Jan. Dec Nov, 1993" 1992" 1992 1992 93/92 1993? 1992
SHIPMENTS,

All manufacturing industries . 253,044 | 257,027} 248,160 -15| +36] +15] 226,636 | 249,541 | 248,832 210,835 +75 | 226,636] 210,835
Market categories :

Automotive equipment .......- 11,532} 11,734} 10,547 -1.7| +113] +49] 10,296 9,433 | 10,706 7,868} +30.9 10,296 7,868

Home goods and apparel .....| 18676] 18'386| 17449| +16] +54| +14] 16,028] 15,636] 18,419| 13,652) +174| 16,028) 13,652

Consumer staples .... . oe 56,381] 57,000} 55,627 11] +25] +14] 51,866] 57,015] 56,597 49,117 +56 51,866 49,117

42'963| 44.045} 41,613] 25] +58] +32) 36,475] 47,190] 40,946] 32,134] +135] 36,475) 32,134

Machinery and equipment . .
. 18,810} 19,412] 18,799 3.1) +33, 1.7] 17,540} 18,817] 19,267] 17,038 +29 17,540 17,038

Business supplies
Construction materials

and supplies .... . 15,783] 16,135] 15,696] -2.2] +28) +15] 13548] 14,380] 15,310) 12,595 13,548} 12,595
Defense products .......- Zo1i| 109] 7,892] -24] +2.7] +06] 6,402] 9,936] 8,253] 6,777 6,402 6,777
Other materials, supplies and

and intermediate products .....} 80,988 82,206] 80,537] -15) +21] +13] 74,481) 77,134] 79,334) 71,654 74,481 | 71,654

Durable goods industries :
Nondefense capital goods * . . 33,042| 34,188] 32,733] -3.4] +4.4] +31] 27,140] 39,456] 31,719] 24858} +92) 27,140 24.858

Excluding aircraft and parts 27'376| 27954| 26527| -21] +54] +21] 22,874] 31.669} 25,698] 20,434 +119] 22,874 ,

Defense capital goods * . . : 7656| 7.858] 7.658] -2.6| +26] +06] 6,048] 10.076] 8,160] 6,565 -7.9 6.048
Durables excluding capital goods 39909] 91964] 97714] 22] +48] +22] 80,658] 82.252] 87.762] 72.879} +107) 80.658

Miscellaneous series

Producers’ durable equipment ...] 84,102| 85,426] 81,104] -1.5] +53] +29] 73114] 84.409) 80.757] 64.732) + 129 7Bll4] 64,732
Household durable goods ... 7's06| 7.620! 7513] -15| +14] +23] 6338] 691] 7.914] S775} +97) G3] 5.775
Information technology industries 14,875] 15,264) 14,737 -25] +36] +23] 12,271] 18,709} 14.572] 11430 +74 12.271 11430
Health care equipment

and products .... ......] 7898] 8sss] 7849] -77] +90] +24] 7,704] 8581] 7,094} 7.032) +09} 7.7047 7.632

NEW ORDERS
All manufacturing industries . . 254,997 | 258,264] 243,426] -1.3] +6.1] -0.6] 231,570] 251,033] 243,504 213,117| +8.7] 231,570) 213,117
Market categories :

‘Automotive equipment .........] 11,564] 11,709] 10,563] -12] +108] +54] 10,363] 9,386} 10,718) 7,809] +312] 10,363) 7,899
Home goods and apparel . . . ion | 18:376| 17596] +38] +44] -04] 17,232] 15,234] 17,720] 14,289] +206) 17,232) 14,289
Consumer staples .............] 56405} 57011 551613] -11] +25] +13] 51,882] 57,060] $6,580] 49,142] +5.6 | 51.882) 49,142

44,027} 38,013 -7.3| +158 -5.5] 35,016] 46,825) 37,255} 32,409 +8.0 35,016 32,409

Machinery and equipment .......] 40,794 x
. 18'795| 19'624| 18:722| 42] +48] -19] 17590] 18,994] 19,130] 17,010] +34) 17,590] 17,010

Business supplies ........
Construction materials

‘and supplies..............--| 16026] 16116] 15,679] -0.6] +28) +05] 13,800] 14,472] 15,219} 12,783) +80] 13,800] 12,783
Defense products . + 9,095| 9116) 7118] +121] +140] -10.9] 7,658} 10,880] 8,412] 6,753] +134] — 7,658] 6,753
Other materials, supplies and
and intermediate products .....} 83,247| 83,285| 80,122] 0.0} +39] +10] 78,029] 78,182) 78,470] 72,832) +71} 78,029} 72,832

Durable goods industries :
Nondefense capital goods ° . . . 30,619 | 34,044] 28,597] -10.1] +19.0] -9.7| 25,494] 38,946] 27,686] 25,510 0.1) 25,494} 25,510
Excluding aircraft and parts 27703) 28,004] 26053] -1.1] +75} +04] 23,978| 31,353] 25,327| 21,798] +100) 23,978} 21,798

Defense capital goods * 8'957| 7,955] 6,759] +11.3| +17.7| -9.1| 7,474] 10,839) 8,060] 6,660) +122] 7,474) 6,660

Durables excluding capital goods .| 92.749] 93209] s79is} 05} +60] +20] 85.331| 83636] 87,039] 74,369] +147] 85,331] 74,369

Miscellaneous series :

Producers’ durable equipment ...| 82,904] 86,211] 77,613] -38) +11.1] -15] 73.844] 84434] 76,555] 66.123] +117] 73.844) 66.125
Household durable goods .... . Tr} 7550} 7634] +23) -11{ 00) 7279} 6601] 7511] 6319) +152] 7.279) 6.319
Information technology industries | 14683] 16393] 14.268] -104] +149] +20] 12.113} 19.343] 14.108) 11.276] +74) 12113) 11276
Health care equipment

and products . -| e064] 938s] 7898] -38] +62) 35] 787] 8410} 7.743] 7os4] +28] 7.870] 7.054

? Preliminary. * Revised.
| yopical series are regroupings of the separate industry categories.
2 shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations

‘draulic turbines; internal combustion engines; construction, mining, and materiat handling equipment;
'd office equipment; refrigeration, heating and service industry machinery; electrical transmission and
hhicles, and engines and parts; ships and tank components; railroad equipment; and search

3 Nondetense capital goods industries include : ordnance and accessories; steam, gas and hy’
metalworking machinery; special industry machinery; general industrial machinery; computer an
Gistribution equipment; electrical industrial apparatus, communications equipment; aircraft, missiles, space vel
and navigation equipment

4 Detense capital goods industries include : ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, \
search and navigation equipment.

lanks and tank components; and


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

(Based on seasonally adji

d data)

Inventory / Shipments ratio

Unfilled Orders / Shipments ratio!

Industry Jan. Dec. Nov. Oct. Jan. Dec. Nov Oct
1993 1992" 1992 1992 193° 1992" 192 1992
All manufacturing industries 1.49 147 154 157 3.55 3.45 385 364
Durable goods industries . . . 1.79 1.85 191 432 4.18 431 4.44
Stone, clay, and glass product: 151 1.48 1.42 134 1.28 1.33 131
Primary metals wees 1.75 1.78 1.83 1.97 185 1.80 1.86
Fabricated metal product: 1.61 1.68 172 1.86 183 1.90 1.94
Industrial machinery and equip: 1.92 2.07 217 234 2.35 2.46 2.60
Electronic and other
electrical equipment 1.75 159 69 1.66 2.49 2.22 2.35 2.30
‘Transportation equipment . 1.88 1.84 2.00 214 12.66 12.15 12.46 13.30
Instruments and related products . 2.26 2.24 2.30 2.33 5.33 5.16 5.22 5.22
Nondurable goods industries 117 117 1.20 1.21 0.81 0.78 0.80 0.79
Food and kindred products 0.91 0.91 091 0.93 x) x) x es
‘Tobacco products ...... 2.16 2.14 251 2.83 x!
Textile mill products . . 1.46 1.49 155 154 1A\ IAS IA} wa
Paper and allied products 129 1.25 1.32 134 NA\ NAY NAY NAY
Chemicals and allied products 142 138 143 144 x’ Xx: x x
Petroleum and coal products . 88 0.86 0.85 0.88 x) x) x: x:
Rubber and plastics products . 1.29 1.30 129 1.30 x x x $4

P Preliminary. " Revised. (0 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
Industi

y Jan. Jan. Jan. Jan.
Jan? | 1992- Jan? | 1992- Jan? | 1992- Jan? | 1992-
Jan‘ | 1988-] Dec. } Jan.' | 1988-] Dec. | Jan.’ | 1988-] Dec. } Jan.’ | 1988-| Dec.
1993 | 1992] 1992} 1993] 1992] 1992] 1993] 1992 1992} 1993} 1992] 1992
All manufacturing industries ..... . (e.9) 0.2 0.2 (x) 03 03 (2.9) 0.0 01 (x) 0.0 01
Durable goods industries . . 03 0.2 03 05 03 0.6 0.0 01 01 X) 0.0 01
Stone, clay, and glass products (e.9) 02 07) & 03 13 (%) 01 0S x! 02 02
Primary metals -......-.+- 03 01 02 04 04 09 0.1 01 03 x) 0.1 01
Fabricated metal products . . . (%) 0s 04 es) 06 o7} & 02 04 x 01 02
Industrial machinery and equipment .| 9.5 03 04 “14 04 04 03 O14 0.1 0.0 Ot

Electronic and other , : : ; : : :
_Clectrical equipment 0.7 01 04 O1 0.6 0.6 04 0.1 01 0.1 01
Transportation equipment . 01 o1 07 03 02 18 0.1 0.0 02 x’ O14 02
Instruments and related products (x) 04 09 es) 07 08 () 02 o1 x O14 o1
Nondurable goods industries ...... X) 03 01 X) 01 x) 0s 0s x 0.0 02
Food and kindred products ... 5s 01 03 5% Xx x x) x x’ 01 04
Tobacco products x 07 25 x 3) x 6 68 x. o1 ol
Textile mill roducts . x’ 04 0s x’ (NA) x (NA) NA) (X) 02 04
Paper and allied products x’ 02 02 x) (NA) (x) | (NA) {Na} (Xx) 02 04
Chemicals and allied products x’ 03 02 x (x) (x) (x) (x) (xX) 03 0.2
Petroleum and coal products x 05 02 (x (x Xx) (X) (X) (X) 03 0.2
Rubber and plastics products . x 03 03 x) (x x) (x) (x) (X) 02 02

Capital oods industries :

Nondefense . 03 02 0.6 08 04 10 0.1 0.1 0.1 (Xx, 0.1 0.1
Defense ............55 04 01 1l 08 0.7 53 0.1 0.0 02 8 0.0 04

0%) Not applicable. (NA) Not available,

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

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

2 average for this month for the last five years.



CURRENT INDUSTRIAL REPORTS

en

ey

U. S. Department of Commerce
BUREAU OF THE CENSUS

Manufacturers’ Shipments,

Inventories, and Orders

January 1993
3-1-(93)-1
For Wire Transmissions 10:00 a.m. E.S.T. March 4, 1993

Steve Andrews or Kathy Menth
(301)763-2502 or (301)763-2575

Summary

New orders for manufactured goods in January
decreased $3.3 billion or 1.3 percent to $255.0 billion, the
Department of Commerce, Bureau of the Census reported
today. This follows a 6.1 percent increase in December and
0.6 percent decrease in November. Excluding defense, new
orders were down $4.2 billion. Excluding transportation
equipment, new orders decreased $0.2 billion.

Shipments decreased $4.0 billion or 1.5 percent to
$253.0 billion, following increases of 3.6 percent in
December and 1.5 percent in November. Excluding defense,
shipments decreased $3.8 billion. Excluding transportation
equipment, shipments were down $2.8 billion.

Unfilled orders increased $2.0 billion or 0.4 percent to
$474.7 billion, the third increase in the last four months,
following thirteen monthly declines. Excluding defense,
unfilled orders increased $0.8 billion. Excludin;
transportation equipment, unfilled orders increased $4.
billion. The unfilled orders-to-shipments ratio increased
from 3.45 in December, the lowest since August 1978, to
3.55 in January.

Inventories decreased $0.9 billion or 0,2 percent to
$378.0 billion, following a 0.6 percent decline in December.
This is the fifth consecutive decrease. Excluding defense,
inventories decreased $0.6 billion. Excluding transportation
equipment, inventories were down $0.2 billion. The
inventories-to-shipments ratio increased from 1.47 in
December, the lowest on record, to 1.49 in January.

New Orders

New orders for durable goods in January decreased
$3.0 billion or 2.2 percent to $132.2 billion. This follows a
9.7 percent increase in December and a 1.6 percent decrease
in November. Transportation equipment had the largest
decrease, down $3.1 billion or 8.5 percent to $33.2 billion,
primarily due to aircraft and parts. This follows a 24.6
percent increase in December. Instruments and related
roducts declined $0.6 billion or 5.2 percent to $10.9 billion,
following an 11.6 percent increase in December. Electronic
and other electrical equipment was down $0.6 billion or 3.1
rcent to $18.9 billion, following a 7.0 percent increase in
ecember. Primary metals and industrial machinery and
equipment had the largest increases, up $0.8 billion each.

New orders for nondurable goods decreased $0.3
billion or 0.2 percent to $122.8 billion, following a 2.4
percent increase in December. The largest decrease was in
chemicals and allied products. Printing and Publishing and
petroleum and coal products also had large declines.
Apparel and related products, food and kindred products,
and textile mill products had the largest increases.

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

Shipments

Shipments of durable goods in January decreased $3.4
billion or 2.5 percent to $130.6 billion, following a 4.6
percent increase in December. Electric and other electrical
equipment had the largest decrease, down $1.6 billion or 8.2
percent to $17.7 billion, with declines in nearly all categories.

‘ransportation squi ment decreased $1.2 billion or 3.3
percent to $353 billion, with declines in all categories.

industrial machinery and equipment had the largest increase,
up $0.3 billion or 1.2 percent to $22.9 billion.

Shipments of nondurable goods declined $0.6 billion or
0.5 percent to $122.4 billion, following a 2.5 percent increase
in December. The largest decrease was in chemicals and
allied products, down $0.8 billion or 2.9 percent to $24.9
billion, following a 4.3 percent increase in December. Food
and kindred products increased $0.4 billion or 1.1 percent to
$33.8 billion, following a 0.1 percent decline in December.

Unfilled Orders

Unfilled orders for durable goods in January increased
$1.6 billion or 0.4 percent to $451.3 billion. This is the third
increase in the last four months. The largest increase was in

rimary metals, up $1.4 billion or 7.0 percent to $21.9 billion,
following a 3.6 percent increase in December. Electronic
and other electrical equipment was up $1.2 billion, and
instruments and related products increased $0.7 billion.
Transportation equipment had the largest decrease, down
$2.1 billion or 0.9 percent to $241.9 billion, as a decline in
aircraft and parts more than offset an increase in
shipbuilding and tanks. Transportation equipment has
declined in fifteen of the last seventeen months and is at the
lowest level since July 1989. Unfilled orders for nondurable
goods, up $0.3 billion or 1.5 percent to $23.4 billion, have
increased for four consecutive months.

Inventories

Inventories for durable goods in January decreased $1.2
billion or 0.5 percent to $234.2 billion, the lowest level since
September 1988. This is the fifteenth decline in the last
sixteen months. The largest decrease was in transportation
equipment, down $0.7 billion or 1.0 percent to $66.5 billion,
primarily due to aircraft and parts. Transportation
equipment has declined in twelve of the last fourteen months
and is at the lowest level since April 1989. Nondurable
goods increased $0.3 billion or 0.2 percent to $143.8 billion
‘ollowing a 0.1 percent decline in December.

By stage of fabrication, finished goods decreased 0.3
percent in durables and increased 0.4 percent in
nondurables. Work in process was down 0.5 percent in
durables and 0.4 percent in nondurables. Materials and
supplies decreased 0.6 percent in durables and increased 0.2
percent in nondurables.

The advance report on durable goods for February is scheduled for March 24, 1993 at 8:30 a.m. and the full report on March 31, 1993 at 10:00 a.m. For sale
by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. ‘This report is also available the day of issue through the
Department of Commerce's online Economic Bulletin Board (N-8-1) (202-482-3870) and through the Census Bureau’s online information service-CENDATA.
CENDATA is available from Dialog Information Services, Inc. (1-800-334-2464) and CompuServe (1-800-848-8199). ‘The CENDATA staff at the Bureau of
the Census (301-763-2074) can provide content information and general guidance.


U.S. Department of Commerce | | | |
BUREAU OF THE CENSUS
Washington, D.C. 20233

Official Business
Penalty for Private Use, $300

POSTAGE AND FEES PAIO
JS DEPARTMENT OF COMMERCE

COM-202

First Class Mail

PUBLICATION DATES FOR THE 1993 MONTHLY M3 SURVEY
MANUFACTURERS’ SHIPMENTS, INVENTORIES, AND ORDERS

Advance Report Regular Report

Report Release Dates Release Dates
Covering (8:30 a.m. release time) (10:00 a.m. release time)
December 1992 Fri., Jan. 29 Thurs., Feb. 4
January 1993 Wed., Feb. 24 Thurs., Mar. 4
February 1993 Wed., Mar. 24 Wed., Mar. 31
March 1993 Fri., Apr. 23 Fri., Apr. 30
April 1993 wed., May 26 Fri., June 4
May 1993 Wed., June 23 Wed., June 30
June 1993 Wed., July 28 Thurs., Aug. 5
July 1993 Wed., Aug. 25 Thurs., Sept. 2
August 1993 Fri., Sept. 24 Fri., Oct. 1
September 1993 Wed., Oct. 27 Thurs., Nov. 4
October 1993 Wed., Nov. 24 Fri., Dec. 3
November 1993 Thurs., Dec. 23

The Manufacturers’ Shipments, Inventories, and Orders press
release can be faxed to you on the day of issue at a cost of $120
per year. The fee is to cover the subscription service, wire
transmission, and administrative costs. If you wish to subscribe
to this service, or would like more information, please call
Sandy Sollinger at (301) 763-2604.



Nondefense Capital Goods 1
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

i 1 L \ ! 1 L ! ! \ 1 Ll 1
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan
Jan. 1991 - Jan. 1993

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
"1

10

5 Ul N | 1 Nl 1 1 L l 1 1 1 lds
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan

Jan. 1991 - Jan. 1993

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATION,

BY INDUSTRY GROUP
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Jan. Dec. Nov.|  Dec.-| Nov} Oct Jan. Dee. Nov. Jan Jan
1993 192" 1992 Jan Dec Nov 19938 1992! 1992 93/92
MATERIALS AND SUPPLIES
All manufacturing industries 118,074] 118,395} 118.535 03 01 OS} 119.732] 119.406 12 a
Durable goods industries 65,479 65,897 66,120 0.6 03 0.3 66, 169 66.090 66.196 “29
Stone, clay, and glass products 2,429 2471 2.470 “1.7 00| +07 2, Os
Primary metals 6.234 6,202 +05} +12] +01 +05
Fabricated metal products 7/866 8,206 a4a{+17| +10 28
Industrial machinery and equipment] 13,892] 13,775 +08{ #12 +01 48
Electronic and other
clectrical equipment 9,158 9,099 +06] +03] +08 945) 9,068 9,004 9,228
Transportation equipment 11372] 111564 “1.7 5.0 21) 11498] 11,588] 12,202} 13,891
Instruments and related products . 7046 71095 07} +04 07 7,043 6,936 6,995 6.912
Lumber, furniture and
miscellaneous durable goods . . 7,482 7,485 0.0 05 09 7,658 72 7,662 7,780 16
Nondurable goods industries 52,595] 52,498 +02{ +02 -08| 53563} 53,316] $2,316] 52,461 +21
Food and kindred products . 10276] 10,178 +10] +10 -15| 10,558 404] 10,445] 10,123 +43
‘Tobacco products. . . : 256 5,207 +09) +05 “14 5,708 5,662 5,130 5,503 +37
‘Textile mill products |: . 2,716 2779 23] +12 05 2,743 2,725 2,622 2/662 +30
Paper and allied products... . 6,649 6,678 04 -26 08 6,768 6,748 6,794 7,022 36
Chemicals and allied products. : 12,011} 11,940 +06] +06 0.2} 12/046] 11,908} 11,810] 11,567 +41
Petroleum and coal products 3,049 864 +65 0.0 29 31020 2/983 850 27761 +98
Rubber and plastics products .. |. | 4311 4346 08] +06 U1 4,373 4,493 4372 4330] +10
Apparel, printing and publishing
and leather goods . . - . 8,327 8,506 -21f +01] +03 8,347 8,393 8,293 8,493 17
WORK IN PROCESS
All manufacturing industries 131,641] 132,335] 132,754 0.5 03 -10] 129,964] 128,545] 133,186] 136,985 51
Durable goods industries . 108,636 109,233 109,830 05 0S “12 107,025 106,066 110,127 114,887 68
Stone, clay, and glass products . - 09. : U1 03 18 1,082 1,053 1.055, 1,086 04
Primary metals coe +0.7 09 03 71120 7.042 7.136 74s 40
Fabricated metal products +09} +03 24 7331 7.006 7.290 7.481 2.0
Industrial machinery and equipment 13 3.8 “13 16,908 16.855 18.519 18.981 9
Electronic and other
electrical equipment +20] +0 +08] 13671f 13.086] 13.389] 12.949 +56
‘Transportation equipment ...... “13 +01 “16 46.583 46.707 47.979 51.007 BB
Instruments and related products 18} +01 “L7} 10.109} 10.216} 10.024 11.778 12
Lumber, furniture and
miscellaneous durable goods 4,220 4,169 4187} $1.2 04 0.2 4.221 4.101 4.130 +22
Nondurable goods industries 23,005] 23,102} 22,924 0.4 0.2] 22,939] 22.479 22.098 +38
Food and kindred products 3,638 64 3,642 0.2 09 3,752 3,783 654 +27
Tobacco products 96 82) +129 +242 101 85 +278
Textile mill products. - 2,461 2,434 2,436) +11 +02 2,431 2,326 #17
Paper and allied products 1,123 1,108 iin} +14 +13 111s 1,095, 5.0
Chemicals and allied products. 5731 57720 5679] +0.2 +09 S719 5,528 +72
Petroleum and coal products 2,798 2/915 2,950 40 18 2,757 2,823 09
Rubber and plastics products . : 1/515 1523 1514 05 +17 1549 1499 “15
Apparel, printing and publishing
and leather goods... . . 5,643 5,670 5,510 05 “12 $512 5,340 +79
FINISHED GOODS
All manufacturing industries. . 128,318] 128,196} 129,977] +0.1 0.4} 128,260] 124,864) 129,423] 126,315 +15
Durable goods industries 60,078] 60,230 61,592 03 -06| 59,906} $8,374] 61,215] 61,586 27
Stone, clay, and glass producs « 4315 4272 4350] +1.0 +03 4327 4,187 24 47384 “13
Primary metals... .. 5,882 5,948 6,074 L1 “32 5,901 5,861 6,037 6,238 Sa
Fabricated metal products 7,307 7154 7303} +2.1 04 7.2A5 6,952 7311 7/367 “17
Industrial machinery and equipment} 12,807] 13,042| 13,332 -18 +25{ 12,787] 12/632] 13,256} 13,541 56
Electronic and other
electrical equipment . . 7,983 8,011 8,143 03 2.2 7849 1,679 8,021 8,453 mat
Transportation equipment 7/801 7,107 8161) +12 33 7,965 7/430 8,493 8,205 29
Instruments and related products 5,710 5,746 5,667 06 +06 5,525 51542 5,705 5/269 +49
Lumber, furniture and
miscellaneous durable goods . 8.273 8,350 8,362 09 0.1 03 8,307 8,091 8.151 8.129 +22
Nondurable goods industries 68,240| 67,966} 68,385] +0.4 0.6 0.2} 68.354] 66,490] 68.208] 64.729
Food and kindred products - 16,770| 16,628} 1681S} +0.9 “Ll 0.7} 16.995] 16.697] 17.742] 16.576
Tobacco products... . 11326 1490 1535 10 +2 1397 119t 1430 LAG
Textile mill products 3,995, 3,928 3974) +17 12] +08 3.943 3,660 3851 3.405
Paper and allied products 5/666 5,608 5839] +10 4.0 0.4 5.710 5464 5,689 5.887
Chemicals and allied products 17653] 17.694} 17,698 02 oo} +01] 17865} 17682] 17573] 17.920
Petroleum and coal product 5,468 5,467 5,482 0.0 03 26 S471 5.349 5.734 5.178
Rubber and plastics products - 5,786 5.742 532; +08] +20) +18 5.816 5.039 5.469 3
Apparel, printing and publishing
and leather goods 11576] 11,409] u4lo} +15 0.0 0.6) 11,157} 10,808} 10,720] 10.031

? Prelimary. ‘ Revised


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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
Jan. Dec. Nov.| Dec.-} Nov.-} Oct.- Jan. Dec. Nov. Jan. Jan.
1993P 1992" 1992 Jan. Dec. Nov. 1993? 1992" 1992 1992] 93/92
All manufacturing industries ..... . 474,704 | 472,751} 471,514 +0.4 +03 -1.0| 474,726] 469,792] 468,300] 504,547 59
Manufacturing industries
without defense capital goods ......] 345,982] 345,230] 344,090 +0.2 +03 11] 344,947] 341,439] 340,710] 360,821 A4
Durable goods industries ......... + 451,332| 449,714] 448,516 +04 +03 1.1] 452,032} 447,579] 445,942] 481,961 6.2
Stone, clay, and glass products . . . 6,404 6,326 6,556 +12 35 2.5 6,137 6,470 6,230 AS
Primary metals see 21,860] 20427} 19.715] +70) +36 <1] 22,025 18,98] 21,197) +39
Blast furnaces, steel mills . 9:263 8.214 7561] +128} +86 06 9,467 7,220 8381] +13.0
Iron and steel foundries . 2912 2/851 2796} +21) +20) +10 2970 2.764 2ua7| £08
Nonferrous and other primary
metals... . 9,362 9,358] +35 0.0 2.2 9,588 x14 9.809 28
Fabricated metal products : 23,497 23,324 +0.2 +0.7 0.1 23,641 22.895 24,797 A?
Industrial machinery and equipment 50,739 51,014 +04 0S 0.5 51,482 50.939 54.058 48
Engines and turbines. 10,899 10,925 0.1 0.2 0.1 11,127 11.167 LLISL 1.42 +416
Construction, mining and
material handling equipment 6,075 6,161 +08 “14 0.8 6.298 6.049 6.074 6.325 4
Metalworking machinery . 6,849 7,056 “2.1 2.9 3.6 6,702 6849 7.056 8.182 “18.1
Computer and office equipment 7.864 7,800 07) +08 -2.0 7,537 7349 7.988 8.988] -16.1
Blectronic and other
electrical equipment . 42,884] 42,700] +27) +04 0.0] 43,769] 42,104} 42,248] 42.306] +35
Electrical transmission and
distribution equipment and
industrial apparatus ..........-. 5,811 5,652 5,854 +28 35 0.2 5,841 5,612 5,825 6,548 -10.8
Electric lighting and
wiring equipment ..........-- 2,896 2,842 2,787} +19] +20] +05 2,896 2,842 2,787 2,987 -3.0
Communications equipment . 14.491] 14,631] 14,392 10] +1.7 14] 14,487| 14,588] 14,448] 14,375] +08
Electronic components j6183| 15330] 15173] +56| +10] +22] 16,005) 14,914) 14,754] 14,118) +13.4
‘Transportation equipment 241,900] 244,034] 244,286 0.9 0.1 -2.0| 242,556] 244,419} 244,501] 268,719 9.7
Aircraft, missiles,
space vehicles, and parts. ...... 210,391] 213,511} 214,142 1S 0.3 -2.0] 211,035} 214,019] 214,406] 234,147 99
Shipbuilding and tanks ......... 23,820 22,805 22,553 +45 +11 25 23,703 22,705 22,554 27,190 “128
Instruments and related products ....| $4,627| 53,943] 52,864] +13| +20] +04] 55,016] $4,281] $2,670) $7,477 43
Search and navigation equipment ..| 36,413] 35,909] 35,213] +14] +20] +05] 36,830] 36,276] 35,059] 39,535 68
Measuring and controlling devices. 8,849 8,785 8239 +07] +66 0.2 8,849 8,785 8,239 8,828] +02
Medical instruments and supplies . 8,554 8,388 8557] +20 20} +05 8,554 8,388 8,557 216, +4.1
All other durable goods ......... : 7,994 7,864 8,057] +17 24), +71 7,436 6,705 7323 TAT} +36
Nondurable goods industries .......) 23,372] 23,037) 22,998] +15] +02] +04) 22,694] 22,213] 22,358] 22,586] +05

° Preliminary. " Revised.


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

Seasonally adjusted

Not seasonally adjusted’

Monthly Percent Change Monthly Percent] Year to date
Industry change
Jan.| Dec.} —Nov.| Dec.-| Nov.-| Oct-} Jan.] _Dec.|_ Nov.} Jan.} Jan.
1993°| 1992'| 1992] Jan.} Dec] Nov.] 1993°} 1992} 1992] 1992] 93/92] —1993P 1992
All manufacturing industries 254,997| 258,264] 243,426] 13] +6.1]  -0.6 231,570] 251,033 | 243,504} 213,117} +87] 231,570) 213,117
Manufacturing industries
with unfilled orders . 135,555 | 138,172] 127,992] -1.9] 48.0]  -2.5] 122,524} 140,104] 128,132 114,215 +73] 122,524] 114,215
without defense capita! goods 2461140 | 250/309 | 236,667] -1.7| +5.8]  -0.3| 224,096] 240,194] 235,444 | 206,457] +85 | 224,096] 206.457
Durable goods industries 132,225] 135,208] 123,271] -22] +97]  -1.6] 118,299] 133.421] 122.785] 106.539] +11. } 118.299) 106.S39
With unfilled orders 108:768| 991147] 24] 49.7] -3.0] 95,137] 112.889} 99.120] 88.109] +80} 95.137] 88.109
Stone, clay. and glass products s116| sso} +30] -12| -52] 4420] 4as7} 5138] aula] 476} 4.426] atid
Primary metals 11.730] 10724] +66} +94) 43.2 12.295] 11.202] 10.663] 10.213} #204] 12.295) 10.213
Blast furnaces, steel mills 5,366] 4,638] +9.2] +15.7] +42] 5,968} S198} 4511 4434] +46 5.968 4a
Iron and steel foundries 1,079} 1,063} +18] +15] +39) 1.116 838] 1.025 95} +233 1116 905
Nonferrous and other primary
metals : 5547] 5,285] 5,023] +50] +5.2] +21) S211] 5.166] 5.127] 4.874] +69] 5.211] 4.874
Fabricated metal products 13,984} 14,291] 13,577] -2.1] +53] -L1] 12,686] 13,643] 13,184) 12151] +44 12.686] 12,151
Industrial machinery and equipment .| 231145] 22,383) 21,545] +34] +39) +43] 20,243] 24,480} 20,795] 17,928] +129] 20,243] 17,928
Engines and turbines ........ 1560} 1596] 15539] -23) +37) +12] 1,152] 2,382] 1,624] 1,222] -5.7 1,152
Construction, mining and
material handling equipment - 2,642| 2,459] 2,343] +74] +5.0] -7.2] 2581] 2,369) 2,275) 2,030] +271) 2,581
Metalworking machinery . 2,515| 2,385] 2,297] +55] +38] +332] 1,948] 2,516] 2,321) 1,838] +6.0 1,948
Computer and office equipment ..| 6,501] 6,271] 6,084] +3.7| +31] +95] 4,957] 8,199] 5,914) 4,086) +21.3 4,957
Electronic and other
electrical equipment ............ 18,890} 19,490] 18,215] -3.1] +70} -3.7] 17,274] 19,893} 18,594] 15,375] +124] 17,274
Electrical transmission and
distribution equipment and
industrial apparatus ... . 2510] 2,224] 2,365] +129] 60] 4.7] 2,292] 2,192] 2,264] 2,275] +07) 2,292) 2,275
Electric lighting and
wiring equipment ........-... 1,876| 1,853] 1,784] +12] +39] +38] 1,641] 1,958] 1,903) 1,441] +13.9 1,641] 1,441
Communications equipment ..... 3642} 4,638{ 3,756] -215| +235] -15.0] 3,126] 5,505] 3,777] 3,052] +24] 3,126) 3,052
Electronic components --| 6469} 6,276] 6,029] +31] +41] +33] 6,280] 6,034] 6,012] 5,249] +19.6] 6,280) 5,249
ransportation equipment 33,159| 36,241] 29,095] -8.5] +246] -10.5] 28,322] 34,821] 30,148] 25,054] +130} 28,322] 25,054
Aircraft, missiles,
space vehicles, and parts. 6,738 32.3] +629} 411] 4,497] 13,050] 6,951 7,268
Shipbuilding and tanks 211 +56.0|+183.6] -23.1] 1,866] 1,546 416 538
Instruments and related products 10,935 5.2] 411.6} +35] 9,871] 12,935] 10,491 9,572
Search and navigation equipment 3,265 0.3) +168] +42.9] 2,830] 4.400] 3.045 2.792
Measuring and controlling devices 2,630 18.9] +238} -2.7] 2,479] 3,288] 2,569 2.543
Medical instruments and supplies .) 3,058 +49] +0.3] -13.2] 2,905] 2,996] 2,830 2.090
All other durable goods . . . 14,339 0.6]  -1.2] +69] 13.182] 12.290] 13.775 12.132
Nondurable goods industries. 122,772} 123,056] 120,185] -0.2} +24] +0.6) 113.271] 117.612] 120.719] 106.578] +63 106,878
With unfilled orders 29,363] 29,404] 28,845] -0.1] +19} 08] 27,387] 28.215} 29.003] 26.106} +49 26.106

P 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,


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
Jan.| Dec.{ Nov.| Dec.-| Nov.-| Oct-| Jan.]  Dec,} Nov.f Jan. Jan.
1993°] 1992" 1992] Jan.| Dec.} Nov.J 1993°] 1992" 1992 1992] 93/92 1993 1992
All manufacturing industries 253,044 | 257,027] 248.160] -15| +36] +15} 226.636] 249,541] 248.832] 210835] +75] 226.636] 210.835
Manufacturing Industries
with unfilled orders ...| 133,602] 136,935 | 132,726] -24| +32] +14] 117.590] 138.6121 133.460] 111.933} +5.E] 117.890) 111.933
without defense capital goods . . .| 245/388 | 249.169] 240.502] -15] +36] +16] 220.588] 239.465 | 240.672 204.270} RO} 220.588} 204.270
Durable goods industries 130,607} 134,010] 128,105] -25] +46] 42.4} 113.846] 131,784] 127.641] 104.302{ +92] T1346] 104.302
With unfilled orders 104574 | 107.570] 103.981} -28] +35] +1.9] 90.684] 110.252] 103.985] 85.872} +5.6| 90684 | 5.872
Stone, clay, and glass products 5189] 5346] 5.350] 29] -O.1f -37] 4402] 4,514} 5,347] 4,136] +64] 4.402] 4.136
Primary metals ....... 111073} 11018] 10.952] +05{ +06] +19} 10501] 9,869} 10.816] 10361} +14] 10501) 10.361
Blast furnaces, steel mills . 4gi2| 47713) 4,682] +21] +0.7| +18] 4,706] 4,213} 4,626] 4,600} +23] 4,706} 4,600
Iron and steel foundries .. . 1,037) 1,024] 1,034} +13] -10] +34) 921 827} 1,010 858] +73 921 858
Nonferrous and other primary
metals ....... an 5,224] 5,281] 5,236] -11] +09] +16] 4,874] 4,829} 5,180] 4,903] 06] 4,874] 4,903
Fabricated metal products. -| 13,935] 14118] 13,599] -13] +38] +2.0] 12,334] 13,247] 13,386] 11,602) +63] 12,334) 11,602
Industrial machinery and equipment .| 22934] 22,658] 21,790] +12] +4.0| +5. 19,228] 24/982) 20980] 16,941] +135] 19,228] 16,941
Engines and turbines ....... 1576} 1,622 1,553) -28] +44] -09) 1,192] 2,396] 1,534] 1,124] +60] 1,192] 1,124
Farm and garden machinery 1,158] 1,046] 1,071] +10.7} -23] +32) 1,129 947 932] 1,188] -25| 1,129] 1,158
Construction, mining and
material handling equipment . 2,591] 2,545] 2,390] +18] +65] -1.4] 2,332] 2,394] 2,310] 1,870] +24.7 2,332 1,870
Metalworking machinery -...] 2,662] 2,592] 2,561] +2.7] +12] +284] 2,095] 2,723] 2,585] 1,573] +332} 2,095) 1,573
Computer and office equipment ..} 6,555] 6,207] 6,241] +5.6] -0.5] +122] 4,969] 8,638} 6,065} 4,313} +152] 4,969] 4,313
Electronic and other
electrical equipment . 17,723} 19,306] 18,194] 8.2] +61] -1.8} 15,609] 20,037} 18,704} 14,694] +62} 15,609) 14,694
Electrical transmission and
distribution equipment and
industrial apparatus 2,351} 2,426] 2,376 +21] -11] 2,063] 2,405) 2,275] 2,004] +29] 2,063] 2,004
Household appliances 1551} 1,713] 1,698 +09] +46] 1,359] 1,621] 1,604] 1,236] +100) 1,359] 1,236
Electric lighting and
wiring equipment ...... 1,822} 1,798] 1,771 +15] +35] 1,587] 1,903] 1,890] 1,433] +10.7] 1,587] 1.433
Household audio and
video equipment . 1,027) 1,039) 1,059 -19} 0.0) 841 996] 1,330 M1} +63 841 mL
Communications equipment 3,782| 4,399) 3,961 +111] -79] 3,227) 5,365] 3.956] 3.062] +54] 3.227) 3.002
Electronic components . 5616] 6,119} 5.705 +73] -20] 5.189] 5.874] 5.761} 4.901] +59] Sago] 4.901
‘Transportation equipment 35,293) 36,493] 34,028 +72] +48] 30,185} 34,903] 34,288] 25.928] + 16 WIABS | 25.928
Motor vehicles and parts . . 23,086] 23,345} 21,264 +98] +5.6] 20,702] 18,853} 21,606] 15.964) +297] 20.702) 15.964
Aircraft, missiles,
space vehicles, and parts. . 9,858 10,590 10,446 69) +14) +38 13.437 8,135 8.0 7.481 &.135
Shipbuilding and tanks 1,096} L101} 1,053] 05] +46] +97 395 828] +48 868 828
Instruments and related products 10,251] 10,459] 10,133) -2.0] +32] +05 9035) +11 9136 9.035
Search and navigation equipment .] 2,761] 2,579} 2,615] +7.1] -14] +17 +29
Measuring and controlling devices | 2,566] 2,697] 2.640] 49] +22} 03 46
Medical instruments and supplies .| 2,892] 3,083] 2860] 62] +78] +11 +27
Photographic goods .. . -.--{ 1,665} 1,746] 1671] 46] +45] 09 +43
All other durable goods . 14,209] 14,612] 14,059] -28] +39] +24 +73
Nondurable goods industries 122,437] 123,017] 120,055} -0.5 +07 117,757 | 121,191 +59
With unfilled orders ....... 29,028] 29,365} 28,745] -1.1 03 28,360 29,475 +32
Food and kindred products 33,777| 33,422) 33,448) +11 +08 32,812] 33,635 +58
Meat products . 7,923) 7,483} 7,593] +59 +11 7,353| 7,470 +89
Dairy products . 4243| 4301) 4,357| 13 1 4147] 4,410 +31
Beverages ......... 4,743) 4,789} 4,717] -1.0 +12 4,472 +54
Alll other foods, except fats and oils] 15,122] 14'984) 15,023] +0.9 +11 15,525 +65
‘Tobacco products . 30] 3171) 2711) -25 +12.7 3,137 +153
Textile mill products 6,296| 6,143] 5,924} +25 01 6137] S131} +58
Broadwoven fabrics and
other textiles 4,025} 3,758] 3,665] +71] +25] 01 3,714] 3,318} +65 3,318
Paper and allied products... .. 10,404] 10,705} 10,486} -28] +21| +15 10,295} 10,023} +04 10,023
Pulp, paper, and
paperboard mill products 4360] 4,425] 4548] -15]  -2.7] +49 4493) 4,237] 0.1 4,237
Paperboard containers and boxes .} 2,435} 2,513] 2,518] 31] 0.2] +06 2.464) 2,378} 0.9 2,378
Miscellaneous converted
paper products . . 3,609] 3,767] 3420} 42} +101) 22 3.338] 3.408] +20 3.408
Chemicals and allied products 24,889} 25,642] 24,585] -29) +43] +06 23,826| 23.298) +28 23.208
Industrial chemicals. 13,026] 12,952] 12.924 +02] 00 12.658] 11.737] +58 11.737
Drugs, soaps, and toiletries 9.217) 10,096] 9.185 +99) 431 9043) 9.155 00 9.15
Petroleum and coal products 12,893| 13,139] 13.216 0.6} +05 13.648] 11.037] +96] 12.093] 11.037
Rubber and plastics products 9,027) 8,943) 8.872 9} +08) +11 ‘ 8428] 8.285) +07] 8.343
All other nondurable goods . . . 22,060) 21,852] 20813] +1.0] +5.0] -0.9} 19.895] 20.089] 22.085] 17,707] +124] 19.895

» Preliminary. " Revised.

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