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.

195°] 1995" 1995] Sept] Aug.| July} 195°] 1995" 1995 1994] 95/94

All manufacturing industries . . . 415,564] 413,146] 412,423] 40.6] +402] +406] 414,982] 416,690] 414,628] 386,321] +74
Manufacturing industries

with unfilled orders: ssss+ | 279,076] 277,423} 276,353] +06] +04} = +0.8] 279,004] 281,365] 279,463] 256491] +88

without defense capital goods ..... | 393,801] 391,503] 390,646} +06] +02]  +0.7| 393,003] 394501] 392,480 362,721] +83

Durable goods industries . .
With unfilled orders .
Stone, clay, and glass products .

261,375] 260,091} 259,532] +0.5 +02] 40.8] 260,918] 262,762] 261,070] 243,587] +7.1
239,805 | 238,557] 237,799] +0.5 +03] 40.7] 239,740] 241,675] 239,993] 223,028] +7.5
8,509 8,493 8450] +02 +05] +10 8,285 8,459 8,553 7,303) +13.4

Primary metals... ee 21,916] 21,916] 21,984 00] -03] +04] 21,853} 22,063] 22,149] 19.954] +9.5
Blast furnaces, steel mills... 10,520 10,504 10,473 +0.2 +03 40.1 10,488 10,545 10,606 9,572 49.6
Iron and steel foundries . . 1,622 1,624 1,677 0.1 32 +11 1,591 1,610 1,654 1,517 +49
Nonferrous and other primary

metals... 2.00... .0. fees 9,774} 9,788] 9,834] -0.1 05] +06] 9,774) 9,908] 9,889] 8,865} +103

Fabricated metal products. 25,218} 25,429] 25,612 08 -0.7 0.0] 24,939] 25,485] 25,828] 23,457 +63

Industrial machinery and equipment 52,905] 52,841] 52,609 40.1 +04 +0.6] 52,877] 53,599] $2,795] 49,082 477
Engines and turbines ......... 3,800 3,819 3,854 0.5 09 04 3,867 4,032 3,917 3,867 0.0
Farm and garden machinery... 2,629) 2,677) 2,717] 18] 15] 18] 2519] 2,505] 2483] 25555] 14
Construction, mining and

material handling equipment ... . 6,514 6,466 6,453 +0.7 +02 0.0 6,449 6,413 6,397 5,887 +95,
Metalworking machinery ee 6,341 6,284 6,238 +09 40.7 +18 6,436 6,491 6,378 5,674] +13.4
Computer and office equipment . . 11,528] 11,601} 11,424} 06] = +15] 40.6] 11,655] 12,231] 11.811] 11,363] 42.6

Electronic and other
electrical equipment sess | 46,176] 45379] 44,788] +18] +13] 423] 45,971] 46,072] 45,390] 38,286] 420.1
Electrical transmission and
distribution equipment and
industrial apparatus ...... 4,838 4,841 4,855 0.1 03 40.6 4,832 4,933 4,926 4,557 +6.0
Household appliances eee 2,750 2,822 2,865 26 “1S 40.7 2,555 2,721 2,812 2,564 -0.4
Electric lighting and

wiring equipment ... . : 3285] 3,297] 3,282] 9-04] 40.5] +41] 3,262] 3,353] 3,357] 2,993] +90
Household audio and

video equipment . . 1636] 1,619] 1,567] +a] 43:3] 412] 1,742 1,769] 1,692 1292] 434.8
Communications equipment... °- | 151427] 14.776] giaz0] +44] 423] 423] asit99| 14's00] 1a's28| 381] 1333
Electronic components... . . 14,483] 14,284] 13988] +14] 42:1] 43.4} 14,570] 14,534] 14,190] 12,020] +212

Transportation equipment . . +++ | 59,119] 58,877] 59,069] +04] = -03) +405] 59377] 59.621] 59,109] 59,539] -03
Motor vehicles and parts... .... 11971} 12,147] 12,500] -14] 28] +1.1] 12,090] 12,348] 12307] 12,057] +03
Aircraft, missiles,

space vehicles, and parts. .... . 42,343 | 42,002] 41,880 $0.8 +03 42,600} 42,567] 42,120] 43,522 21
Shipbuilding and tanks eee 1,703 1,555 1,631 49.5 47 1,644 1,565 1,696 1,337] 423.0

Instruments and related products .... | 22,404] 22,317] 22,244] +0.4| +03 22,596] 22,682 22,487) 22,041] 42.5
Search and navigation equipment 5,406 5,368 5,377 40.7 02 . 5,485 5,497 5,481 5,615 23
Measuring and controlling devices . 7,278 7,289 7,225 0.2 +09 +17 7,300 7,371 7,283 6614} +104
Medical instruments and supplies . 6,241 6,216 6,202 +04 40.2 +11 6,266 6,307 6,238 6,224 +0.7
Photographic goods... . 2,612] 2,575] 2,565] +14] +04 2 2,693 2,642] 2603] 2,738] -1.6

All other durable goods ..... 25,130] 24,839] 24,776 +12 40.3 40.9] 25,020] 24,781 24,759} 23,925 +46

Nondurable goods industries . .

154,189] 153,055} 152,891 +0.7 40.1 40.2] 154,064] 153,928} 153,558] 142,734] +79
With unfilled orders

39,271] 38,866] 38,554] +1.0] +08] +13] 39,264] 39,690] 39,470] 33,463] +173

Food and kindred Products 31,089} 30,747] 30,878) +1.1 04 -0.4] 31,622] 30,775] 30,097] 31,626 0.0
Meat products .... 3,729] 3,605] 3,554] 434] +14] +06] 3,740] 3.602] 3,617] 3,429] 49.1
Dairy products ............... 2,579] 2,591] 2,658] -05] -25] +16] 2556] 2655} 2768] 2,722 -6.1
Beverages . . $260] 5,197] 5,300) #12) 0-19] 0.2] 5.271 5096] 5,260{ 5316] -0.8
All other foods, | except fats and oils 17,632} 17,643 17,744 0.1 0.6 14 18,478 17,923 16,914 18,787 +16

Tobacco products . : 5,656] 5,502] 5,358] +28] 42.7) +409) sell] 5,281 3,041 5,641 05

Textile mill products ...... 10,373 10,315 10,260 +06 40.5 +0.1 10,156 10,386 10,474 9,468 473
Broadwoven fabrics and

other textiles 5855] 5,842] 5,803] +02] 40.7] 40.7] 5,691 5,849] 5,890] 5,268] +8.0

Paper and allied products. 16,429] 16,066] 15,848} = +2.3 +14] +19] 16,222] 16,081] 15,955} 13,337] 421.6

Pulp, paper, and
paperboard mill products ..... 6,629] 6,383] 6149] 43.9] 438] 643.5] 6,543] 6,394] 6,146} 5,423] 420.7
Paperboard containers and boxes 4,609] 4,548] 4,539] +13 +02] +4} 4581] 4557] 4,602] 3,319] +38.0
Miscellaneous converted
Paper products... . 91] 5,135] 5160] +1. 05}  -17] 5,098] 5,130] 5,207] 4,595] +109
Chemicals and allied products... | 36,349] 36,143] 36,116 40.6 +0.1 +03} 35,909] 36,012} 36,068} 33,529 +71
Industrial chemicals . . ++] 18,332] 18,123] 18040] +12] +05 18,149] 18,027] 18,079] 15891} +142
Drugs, soaps, and toiletries... . 13,331] 13,218} 13188] 40.9] +0.2 13,318] 13,490] 13397] 13,454] -1.0
Petroleum and coal products ..... . 10,813 10,757 10,878 40.5 “LL 10,971 10,927 11,116 10,491 +46
Rubber and plastics products... . . 14,238 14,251 14,328 01 05 13,935 14,056 14,303 12,435] +12.1
All other nondurable goods ....... | 29,242} 29,274] 29.225] 01] +02] + 40.9} 29.638] 30,410] 30,504] 26,207] +131

? 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

340 340
New Orders
320} ------------------- eee eee ----- eee Shipments | 320
300 300
280 280
260 260
240 1 i L L L L it 1 1 1 1 i 1 240
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1993-Sep. 1995
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 3.9
2.4 3.8
2.3 3.7
2.2 3.6
2.1 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 1 1 1 1 1 1 ue L 1 1 i L 1 2.6

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May — Jul Sep
Sep. 1993-Sep. 1995

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.
199s? | 19957 1995 | Sept. | Aug. | July | 1995" | 1995" 1995 1994 | 95/04
UNFILLED ORDERS
All manufacturing industries 461,461 | 459,250 | 460,368 +05 0.2 40.1 | 457,017 | 459,284 | 461,863 | 445,914 42.5
Market categories :
Automotive equipment 2083 | 2,077 | 2084 | +03} -03 | -08] 2,045 | 2081 | 2,074] 2,075 14
Home goods and apparel 9,509 9,850 | 10,164 35 31 3.0 9,862 | 10,756 | 11,041 10,839 9.0
Consumer staples v98 | tose} 1938 | -31] +10] +86] 1956] 2027] 1,977 | 1,583 | +236
Machinery and equipment 186,552 | 183,063 | 183,692 | +19] -0.3 | -05 | 185,457 | 182,717 | 183,508 | 180,169 | +2.9
Business supplies - 6329 | 6405] 6328] -12] +12] +18] 6348] 6502 | 6355 | 5,651 | +123
Construction materials
and supplies 15,881 | 15989} 15,816 | 0.7] +11 | +10 | 15,867 | 16,241 | 16,062 | 15,218 | +43
Defense products 103.596 | 102.848 | 102,384 | +07] +05 | -1.0 | 102,197 | 101,458 | 101,905 | 104,038 “18
Other materials, supplies and
and intermediate products 135,613 | 137,060 } 137,962 | -11 | -0.7 | +17 | 133,285 | 137,502 | 138,941 | 126,341 45.5
Durable goods industries
Nondefense capital goods * 206,015 | 202,734 | 203,575 | +1.6| -04 | -0.4 | 204,997 | 202,387 | 203,076 | 198,822 | +31
Excluding aircraft and parts 98,512 | 97473 | 98.187] +11 | -07 | -04 | 97,494 | 97,126 | 97,688 | 87,013 | +12.0
Defense capital goods * 108,709 | 108,146 | 107,707 +0.5 +04 -13 | 107,329 | 106,786 | 107,257 | 110,043 25
Durables excluding capital goods 122,384 | 123,229 | 122,941 0.7 40.2 +2.0 | 120,194 | 124,240 | 124,595 | 112,422 +69
Miscellaneous series
Producers’ durable equipment . 221,348 | 217,679 | 218,526 | +17] -04 | -04 | 220,499 | 218,251 | 218,297 | 212314 | 43.9
Household durable goods . 6,007 6,031 6,149 04 19 42.0 6,248 5 6,608 6,327 2
Information technology industries 39,781 | 39,317 | 39,978 +12 “17 40.1 | 39,772 | 39,553 | 40,142 | 35,762 | +112
Health care equipment
and products . . 5597 | 5,667 | 5,703 | -12} -06| -0.7 | 5,597} 5,667 | 5,705 | 6539 | -14.4
TOTAL INVENTORIES
All manufacturing industries 415,564 | 413,146 | 412,423 +06 | +02 40.6 | 414,982 | 416,690 | 414,628 | 386,321 +74
Market categories :
Automotive equipment . 6520} 6630 | 6742] -17] 17] +420] 6492 | 6667 | 6574] 6,187 | +49
Home goods and apparel 33,942 | 33,832 | 33,809] +03] -0.1 0.0 | 33,822 | 34,519 | 34,903 | 31,613 +7.0
Consumer staples 59.242 | 58673 | 58,728} +10] -0.1 | -06 | 59,967 | 59,067 | 58,223 | 58,979 | +1.7
Machinery and equipment 102,161 | 101,267 | 100,436 +09 40.8 +11 | 102,036 | 102,460 | 100,675 93,395 493
Business supplies 23/866 | 23,928 | 23,969 | -03| -02 | +0.1 | 24022 ) 24,373 | 24,333 | 21,390 | +123
Construction materials
and supplies... . 26,515 | 26451 | 26,453 | +02 00 | +09 | 26,205 | 26417 | 26,657 | 24,576 | +6.6
Defense products 21.232 | 21,098 | 21,197 | +06] -05] -09 | 21,419 | 21,509 | 21,549 | 22,710 “3.7
Other materials, supplies and
and intermediate products . 142,086 | 141,267 | 141,029 | +06] +02] +10 | 141,019 | 141,678 | 141,714 | 127,471 | +106
Durable goods industries :
Nondefense capital goods * 97,110 | 96,003 | 95,145 | +12] +09] +14 | 96,991 | 97,389 | 95,829 | 88,012 | +102
Excluding aircraft and parts 70,036 | 69239 | 68539] +12] +10] +11 | 69,834 | 70,389 | 69.217 | 61,648 | +133
Defense capital goods‘. . . 21,763 | 21,643 | 21,777 +0.6 0.6 =] 21,979 | 22,099 | 22,148 } 23,600 69
Durables excluding capital goods 142,502 | 142,445 | 142,610 0.0 0.1 +0.9 | 141,948 | 143,274 | 143,093 | 131,975 +7.6
Miscellaneous series :
Producers’ durable equipment 162,801 | 162,171 | 161,781 +04 40.2 +0.9 | 162,590 | 163,973 } 162,378 | 150,306 48.2
Household durable goods ... - 14,810 14,703 14,792 40.7 -0.6 -0.5 | 14,733 | 14,974 15,106 | 13,908 +59
Information technology industries 37,489 | 36,857 | 36,251 +17 +17 +14 37,507 37,769 | 36,848 32,799 +144
Health care equipment
and products . 13,506 | 13,420] 13391 | +06] +02) +03 | 13,522 | 13,654] 13,539 | 13,536 0.1

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 July-} June-} Sept.] Aug. | July | Sept. } Sept.
1995" ] 1995" ] 1995 ‘Aug.| July} 1995°] 1995" 1995] 1994] 95/94} 1995" | 1994
SHIPMENTS
All manufacturing industries 304,320] 303,021] 293,474] +04] +3.3] — -1.8) 323,293] 303,622] 264,149] 304,359] +6.2| 2,680,407 2,493,232
Market categories
‘Automotive equipment 14,863] 14,460] 12,392] +2.8 +16.7]  -9.2 15,132] 13,993] 8,382] 14,602] +3.6] 127,397) 124,022
Home goods and apparel 19,712} 19,715] 19,502] 0.0] +1.1] | -0.6 22,229] 21,087] 18,069] 22,072 +0.7] 175,161] 169,095
Consumer staples . : 61,089] 61,450] 60,849] -0.6| +10] +0.8! 65,590] 62,873] 58,571] 63,666] +3.0] $42,645} 523,958
Machinery and equipment 55,696] 54.743] 51,787] +1.7]  +5.7| -8.2| 60,091] 31,620] 43,002) 54,714] +9.8] 479,542] 436,185
Business supplies . 22,728] 22,791] 22,639] -0.3] +0.7] -0.2} 23,534] 22,885] 21,382] 22,304] +5.5] 200,718] 186,675
Construction materials
and supplies 18,997] 18,881] 18,541] +0.6| +1.8| +09] 20,422) 19,868) 17,590] 19,545] +45] 168,435] 161,194
Defense products 6905] 6,979] 6,804] 1.1] +26] 2.1) 7,593] 6,853] 6,188] 7,746] 2.0) 62,103] 64,570
Other materials, supplies and
and intermediate products 104,328] 104,002] 100,960] +03] +3.0] 1.4] 108,702] 104,443] 90,965] 99,710] +9.0] 924,406] 827,533
Durable goods industries
‘Nondefense capital goods * . . 43,368| 42,517] 41,029] +2.0] +36 4.7) 48,211] 39,669] 35,127] 42,470] 371,499] 326,874
Excluding aircraft and parts 38,460] 37,638) 36,263] +2.2]  +3.8)  -4.5] 42,880] 35,295] 31,088] 37,179} 327,224) 284,298
Defense capital goods‘... . 6417] 6,503] “63711 -13) #21) -Ll] 7,045] 6,329] 5,720] 7,193 57,343] 60,485
Durables excluding capital good: 116,130] 115,176] 108,519] +08} +6.1] — -2.5] 121,845] 115,258] 91,576] 114,610} 1,014,602] 950,964
Miscellaneous series
Producers’ durable equipment 105,993} 104,960] 97,960] +1.0} +7.1}  -4.8] 113,251] 100,950] 79,153] 105,868] +7.0] 918,915} 860,452
Household durable goods .... 8,642] 8,677| 8,431] -0.4) +29 0.0 9,880] 8,966] 7,313] 9,481] +42) 74,911] 71,260
Information technology industries 21,248] 20,770) 19,934] +2.3] +4.2} -4.9| 24,965] 19,165] 16,309} 21,508] +16.1] 178,156] 154,485
Health care equipment
and products 8,666] 8,911 8,753] -2.7] +18] +16 9,595] 8,959] 8,052) 9,564) +03] 77,970] 76,193
NEW ORDERS
All manufacturing industries 306,531] 301,903] 293,863] 41.5] +2.7] -1.0] 321,026] 301,043] 265,461] 302,249] +6.2] 2,685,656 |2,500,788
Market categories :
Automotive equipment . 14,872] 14,452] 12,375] +2.9] +168} -9.3) 15,097] 14,000] 8,412] 14,555] 43.7) 127,297] 124,194
Home goods and apparel 19371] 19,401] 19,190] -0.2) +11] -1.5] 21,335] 20,802) 18,180] 21,575] -1.1] 176,695] 171,271
Consumer staples 61,029] 61,470] 61,001] -0.7] +08] +0.9} 65,519] 62,924] 58,767] 63,622 +3.0] $42,971] 524,063
Machinery and equipment 59,185] 54.115] 50,898] +9.4] +63] -6.2] 62,831] 50,829] 41,812] 54,144] +16.0] 484,168] 436,130
Business supplies 22,653) 22,867 22,750] 0.9] +0.5] +0.5] 23,380) 23,032] 21,466] 22,183] +54] 201,257] 186,959
Construction materials
and supplies 18,888] 19,053] 18,695] -0.9] +19) +29] 20,048] 20,047] 17,872] 19,385] +3.4] 168,863] 162,536
Defense products . . 7,654) 7,443] 5,740] +2.8 +29.7] 1.6 8333] 6,406] 4,673] 7,744] +7.6] 57,063] 57,698,
Other materials, supplies an
and intermediate products 102,879] 103,102] 103,214] -0.2} -0.1]_ +0.9] 104,483] 103,003] 94,279] 99,041) —+5.5] 927,342] 837,937
Durable goods industries
Nondefense capital goods * 46,649] 41,676} 40,233] +11.9] +3. -6.4} $0,821] 38,980] 34,064] 42,405] +19.8] 376,580} 328,359
Excluding aircraft and parts 39,499] 36,924] 35,838] +70] +3.0f -8.11 43,248] 34,733] 30,396] 38,312] +12.9] 333,711} 295,653
Defense capital goods‘ ...... 6.980] 6,942] 4.981] +05] +39.4] -7.1) 7,588] 5,858] 3,881] 7,246) +4.7| 51,567} 53,390
Durables excluding capital goods. | 115,285] 115,464] 110,916] 0.2] +4.1]  +0.2) 117,799] 114,903] 95,462] 112,906] +4.3] 1,020,369] 960,234
Miscellaneous series
Producers’ durable equipment . 109,662] 104,113] 97,032} +5.3]  +7.3|_ -5.1] 115,499] 100,404] 78,790| 104,540] +10.5] 925,700] 866,623
Household durable goods 8,618} 8559] 8,553] +07] +0.1] -0.2] 9,565] 8,921] 7,777] 9,427] +15] 75,962] 72,752
Information technology industries 21,712] 20,109] 19.976] +8.0]  +0.7} -6.2} 25,184] 18,576] 16,203) 22,300] +12.9] 180,999] 158,161
Health care equipment
and products 8,596] 8,874] 8,715] 3.1] +18) +12} 9,525] 8,922] 8,015] 9,281] +2.6] 77,246] 75,246

” 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, gas and hydraulic turbines; internal combustion engines; construction, mining, and material
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and service
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and engines

and parts; ships and tank components; railroad equipment; and search and navigation equipment.

“ Defense capital goods industries include
and tank components; and search and navigation equipment.

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

ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, tanks


Table 8. RATIOS OF MANUFACTURES’ 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
1995? 1998 1995 1995 1995" 195" 1995 1995
All manufacturing industries... . 137 136 141 137 2.74 2.74 2.84 2.78
Durable goods industries. . 158 1.66 1.60 3.30 3.30 3.42 334
Stone, clay, and glass products « 116 17 118 1.16 115 114 114
Primary metals. 147 150 1.46 185 1:86 1:86 185
Fabricated metal products 1.58 1.62 1.64 1.44 1.43 1.48 1.49
Industrial machinery and equipment . 168 174 1.69 2.42 2.46 257 252
Electronic and other
electrical equipment 1.67 174 1.66 1.99 2.00 2.13 198
Transportation equipment . 152 170 155 10.97 10.92 11:30 10:80
Instruments and related products 191 2.00 194 3.95 3.93 414 4.05
Nondurable goods industries 1.10 Lil any 0.68 0.70 0.74 0.72
Food and kindred products « 0.84 0.85 0:86 x) (X) ) (%)
Tobacco products... . 193 181 192 &) & &) &)
Textile mill products 1.66 1.67 164 (NA) (NA) (NA) (NA)
Paper and allied products. . 14 Lig 1.09 (NA) (NA) (NA) (NA)
Chemicals and allied products 117 116 117 fe) & fea) ®
Petroleum and coal products 0.84 0.85 0.86 & & & &)
Rubber and plastics products: 141 148 145 & &) & (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? | 1994- Sept? | 1994- Sept? | 1994- Sept? | 1994-
Sept! | 1990-] Aug. | Sept! | 1990-] Aug. | Sept! | 1990-] Aug. | Sept! | 1990-] Aug.
1995 | 1994] 1995} 1995] 1994] 1995] 1995] 1994] 1995] 1995 | 1994] _ 1995
All manufacturing industries . . . & On Ol & 03 02 (xX) 01 0.1 (xX) 0.0 0.1
Durable goods industries ....... 0.0 01 02 0.1 06 03 0.0 0.1 0.1 (Xx) 0.1 0.0
Stone, clay, and glass Products see (xX) 07 05 (Xx) 07 1.0 (xX) 03 0.5 (X) 0.0 01
Primary metals... oe ee 02 05) 06 06 lo]  -0.6 04 04 &) 02 02
Fabricated metal products (X) 04 03 (X) 04 0.6 (x) 02 03 (Xx) 0.1 02
Industrial machinery and equipment 0.1 04 04 0.0 0.6 0.7 0.0 01 02 (%) Ot 01

Electronic and other

electrical equipment 00 04 05 03 15 08 01 04 03 & 03 OL
Transportation equipment... 2... : 0.2 05 06]  -02 10 1.0 0.0 Ol 01 & 01 02
Instruments and related products . a 04 03 © 18 09 ) 05 02 &) 04 o.
Nondurable goods industries (xX) 0.1 0.1 (X) 0.2 0.2 (Xx) 04 03 (x) 0.1 0.1
Food and kindred products : & 02 Ol &) © 4) &) &) fe) &) 02 Ol
Tobacco products .............. (x) 01 01 X (x (x) (x) (X) (x) & 0.0 0.0
Textile mill products. : & 03 02 (| eA) |] qa) (x) | Ay} (NA) &) 0.0 02
Paper and allied products &) 02 02 (x) | eNA) | (NA) (x) | ava) | (Na) & 0. 02
Chemicals and allied products... &) 04 03 & ® & &) &) ® &) 02 02
Petroleum and coal products... . (x) 02 02 (Xx) (x) (x) (x) (x) (x) ro) 03 02
Rubber and plastics products (X) 0.0 03 & (X) (X) (Xx) (X) (X) (X) 0.1 0.2

Capital goods industries :
Nondefense .. . eee 02 04 03 02 10 08 0.0 0.1 0.1 (X) 01 0.1
Defense settee etna MW 06 04] -02 3.0 25] 0.1 o4 01 &) 02 03

(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


CURRENT INDUSTRIAL REPORTS

oe,
* ey

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

Manufacturers’ Shipments,

Inventories, and Orders

September 1995
M3-1-(95)-9
For Wire Transmissions 10:00 a.m. E.S.T. November 2, 1995

Kathy Menth or Gloria Cable
(301)457-4804 or (301)457-4832

Summary

New orders for manufactured goods in September increased $4.6
billion or 1.5 percent to $306.5 billion, the Department of Commerce,
Bureau of the Census reported today. This follows a 2.7 percent August
increase and is the fourth increase this year. Year to date, new orders
are 7.6 percent above the same period a year ago; third quarter new
orders are 1.7 percent above second quarter.

Shipments, up four of the last five months, increased $1.3 billion
or 0.4 percent to $304.3 billion, following a 3.3 percent August increase.
Year to date, shipments are 7.8 percent above the same period a year
ago; third quarter shipments are 1.1 percent above second quarter.

Unfilled orders, up for the fifth month this year, increased $2.2
billion or 0.5 percent to $461.5 billion, following a 0.2 percent August
decline. The unfilled orders-to-shipments ratio was 2.74, unchanged
from August.

Inventories increased $2.4 billion or 0.6 percent to $415.6 billion,
the twelfth consecutive monthly increase and the nineteenth in the last
twenty-one months. The inventories-to-shipments ratio was 1.37, up
from 1.36 in August.

New Orders

New orders for manufactured durable goods in September
increased $4.8 billion or 2.9 percent to $168.9 billion, revised from the
previously published 3.0 percent increase. This follows a 5.1 percent
‘August increase and is the fourth increase this year.

Transportation equipment had the largest increase, $4.1 billion or
10.6 percent to $43.1 billion; led by aircraft and parts, all component
categories increased. This follows a 17.2 percent August increase.
Electronic and other electrical equipment increased $1.5 billion or 5.5
percent to $28.1 billion, due to communication equipment. This follows
a 5.7 percent August decline. Industrial machinery and equipment, up
four of the last five months, increased $0.3 billion or 1.0 percent to
$31.7 billion, following a 5.4'percent August increase. Fabricated metal
products increased $0.2 billion or 1.0 percent to $16.1 billion, following
a 1.1 percent August increase. Instruments and related products had the
largest decrease, $0.8 billion or 6.7 percent to $10.8 billion, following
a 6.6 percent August increase. Primary metals decreased $0.3 billion or
2.0 percent to $14.9 billion. This follows a 6.6 percent August increase
and is the eighth decrease this year.

New orders for nondurable goods, down for the first month since
March, decreased $0.2 billion or 0.1 percent to $137.6 billion.
Decreases, led by chemicals and allied products and tobacco products,
more than offset increases led by textile mill products and food and
kindred products.

Shipments

Shipments of durable goods in September increased $1.7 billion or
1.0 percent to $165.9 billion, unrevised from the previously published 1.0
percent increase. This follows a 5.3 percent August increase and is the
ninth increase in the last eleven months. Transportation equipment, up

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

three of the last four months, had the largest increase, $1.0 billion or 2.7
percent to $39.8 billion, mostly due to motor vehicles and parts. This
follows an 11.4 percent August increase. Electronic and other electrical
equipment increased $0.4 billion or 1.5 percent to $27.6 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 1.3
percent to $31.8 billion. This follows a'4.0 percent August increase.
Instruments and related products, down three of the last four months,
decreased $0.2 billion or 1.9 percent to $11.5 billion.

Shipments of nondurable goods, down two of the last three months,
decreased $0.4 billion or 0.3 percent to $138.4 billion, following a 0.9
percent August increase. Chemicals and allied products had the largest
decrease, $0.4 billion or 1.1 percent to $30.5 billion, following a 0.7
percent August decline. Tobacco products decreased $0.2 billion or 7.5
percent to $2.6 billion, the fourth decrease in the last five months.

Unfilled Orders

Unfilled orders for durable goods in September increased $3.0
billion or 0.7 percent to $437.1 billion, unrevised from the previously
published 0.7 percent increase. This follows a slight August decrease and
is the largest increase since January. Transportation equipment had the
largest increase, $3.3 billion or 1.7 percent to $199.4 billion, following
a 0.1 percent August increase. This is the largest increase since July
1991. Electronic and other electrical equipment increased $0.5 billion or
1.0 percent to $54.9 billion. This follows a 0.9 percent August decrease
and is the eleventh increase in the last thirteen months. Instruments and
related products had the largest decrease, $0.7 billion or 1.4 percent to
$45.3 billion. This is the seventh consecutive monthly decline. Industrial
machinery and equipment decreased $0.1 billion or 0.2 percent to $72.7
billion, following a slight August decrease. This is the third consecutive
decrease.

Inventories

Inventories of durable goods in September increased $1.3 billion or
0.5 percent to $261.4 billion. This follows a 0.2 percent August increase
and is the nineteenth increase in the last twenty-one months. Electronic
and other electrical equipment had the largest increase, $0.8 billion or
1.8 percent to $46.2 billion. This follows a 1.3 percent August increase
and is the twenty-first consecutive monthly increase. ‘Transportation
equipment increased $0.2 billion or 0.4 percent to $59.1 billion,
following a 0.3 percent August decrease. Fabricated metal products
decreased $0.2 billion or 0.8 percent to $25.2 billion. This follows a 0.7
percent August decrease and ten consecutive monthly increases.

Inventories of nondurable goods, up for the twelfth consecutive
month, increased $1.1 billion or 0.7 percent to $154.2 billion. Paper
and allied products had the largest increase, $0.4 billion or 2.3 percent
to $16.4 billion. Food and kindred products increased $0.3 billion or 1.1
percent to $31.1 billion.

By stage of fabrication, finished goods increased 0.9 percent in
durables and 1.2 percent in nondurables. Work in process increased 0.5
percent in durables and 0.3 percent in nondurables, Materials and
supplies increased slightly in durables and 0.4 percent in nondurables.

OUR INTERNET ADDRESS IS: http://www.census.gov/ftp/pub/indicator/www/m3prel.html

‘The advance report on durable goods for October is scheduled for November 29, 1995 at 8:30 a.m. and the full report on December 6, 1995 at 10:00a.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 ontine 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

New Orders

Shipments

it L L 1 1
Sep Nov Jan Mar May Jul Sep Nov. Jan Mar May Jul Sep
Sep. 1993-Sep. 1995

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

"1 "1
New Orders

10F-------------------------------------- -{10
Shipments

9f----- +--+ eee eee eee ++ eee ------- 2-2-2 TT 49

5 1 1 1 1 1 i i 1 nl 4 1 L i 5
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep

Sep. 1993-Sep. 1995

Note: All Charts based on seasonally
adjusted current dollars.

U.S. GOVERNMENT PRINTING OFFICE: 1995 404-450/20027


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
Sept. Aug. July | Aug- | July- | June- Sept. Aug. July Sept. Sept.
199s* | 1995" 1995 | Sept. | Aug. | July | 1995" | 1995" 1995 1994 | 95/94
MATERIALS AND SUPPL!
All manufacturing industries 137,156 | 136,910 | 136,023 | +02} +0.7 | +06 | 137,086 | 137,738 | 136,249 | 125,265 +94
Durable goods industries 79,924 | 79,903 | 79,171 00} +09} +09} 80301 | 80,875 | 79,272 | 73,172 | +97
Stone, clay, and glass products +02] +17] +407] 23888 | 2914 | 2849 | 2608 | +10.7
Primary metals 08 | +09] +04] 6819 | 6914 | 6783 | 6269 | +88
Fabricated metal products : 29] -17 | +01 | 8,605 882 007 243 +44
Industrial machinery and equipment 40.7] +17] +12 | 18186 | 18327 | 17,683 | 16,287 | +117
Electronic and other
electrical equipment +17] 43.7] 4224) 16416 | 16376 | 15,756 | 12,369 | +32.7
Transportation equipment 19] -22 | -11 | 93821 | 10,124 | 10,153 | 10975 | -105
Instruments and related products +t] +04] +09] 7,173 | 71135 "07% 703 +70
Lumber, furniture and
miscellaneous durable goods +04] +09] 418] 10393] 10,203 | 9,962] 9,718] +69
Nondurable goods industries . . +04 | +03 | +02 | 56,785 | 56863 | 56977 | 52,093 | +90
Food and Kindred products +041 +01 | 40.9 | 9995 | 9.946 | 10,005 | 91855 | +14
Tobacco products... . +14] +02] +08] 4632 | 4516 | 4,418 | 4,700 “14
Textile mill products || | 411] 404] -11 | 2962 | 31004 | 3,075 | 2,748 | +78
Paper and allied products +11] +10} +12] 8201 | B91 | 8121 | G16 | 4216
Chemicals and allied products 02) -04] -o5 | iera} anzis | 1127 | 11233 | +34
Petroleum and coal products +20 oo | 21 3362 352 3376 | 3,051 | +102
Rubber and plastics products 7] 09] -04} 57234 | 5286 | S428. | 4697 | +114
Apparel printing and publishing
and leather goods ...... +04] +13] +08] 10,695 | 10,853 | 10,727] 8,993 | +189
WORK IN PROCESS
All manufacturing industries 134,177 | 133,499 | 133,687 | +05 | -0.1 | +08 | 135,360 | 135,235 | 134,693 | 130,264 | +39
Durable goods industries. . 109,355 | 108,762 | 108,897 | +05 | -0.1 | 40.9 | 110,225 | 110,465 | 109,795 | 106,147 +38
Stone, clay, and glass products 1354] 1338] 1360] +12] -16 | +18] 1317] 1330 | 1398 ‘991 | +329
Primary metals ~. : 8273 | 8209] 8217] +08} -o1] +07] 8324] 8324] 8338] 7,432] +120
Fabricated metal products |... 8028 | 81024 | 8,040 oo] -02 oo | 8021 | 8120} 8090 | 7566 | +60
Industrial machinery and equipment | 19,311 | 19,605 | 19,677 | 1.5 | -0.4 | 40.7 | 19804 | 20,085 | 19,792 | 19/373 +22
Electronic and other
electrical equipment 16886 | 16513 | 16,708 | +23] -12] +16] 16888 | 16,722 | 16916 | 15,698 | +76
Transportation equipment . 41236 | 40,761 | 40,537 | +12] +406] +12 | 41,500 | 41304 | 40,680 | 40580 | +23
Instruments and related products 9299 | 9,299 | 9,305 00} -o1] +07) 9396] 9512] 9479] 9306] +10
Lumber, furniture and
miscellaneous durable goods 4968 | 5,013 | 5,053 09} 08] 02] 4975} 5,059] 5,102 | 5,201 43
Nondurable goods industries 24,822 | 24,737 | 24,790 | +03] -02 | +03 | 25,135 | 24,770 | 24,808 | 24,117 | +42
Food and Kindred products 445 | “4107 | “sior | +09] +01] -02 | “4219 :777 | “3,861 | 4,236 04
Tobacco products . 251 304 24 | -174| 435.7 | 421.7 294 240 166 223 | +318
Textile mill products: ° 2,768 | 2,750 | 2,713 | +07] 414] 413] 2,785] 2,773 | 2,751 | 2,565 $8.6
Paper and allied products 1522 | 1,474] 1453 | +33] +14 | 428] Ta98] 1502 | 1496 | 181 | +268
Chemicals and allied products 5724 | 5580 | 3,605] +08] -04] +08] 5652] 31634] sioo8 | 5/493 429
Petroleum and coal products 2181 | 2165 | 2164 | +07 00 | -so | 2227 | 2230 | 2207 | 2,270 “19
Rubber and plastics products 2042 | 21037 | 2075 | +02] -18] 04] 2010 | 2/023 | 2044 | 1,855 +84
Apparel, printing and publishing
and leather goods .......... 6,289 | 6320] 6455] -os| -21] +08] 6450] 6591 | 6,705 | 6294] +25
FINISHED GOODS
All manufacturing industries 144,231 | 142,737 | 142,713 | +1.0 0.0 | +03 | 142,536 | 143,717 | 143,686 | 130,792 | +9.0
Durable goods industries 72,096 | 71,426 | 71,464] +09] -01 71,422 | 72,003 | 64,268 | +95
Stone, clay, and glass products 4260 | 4,266 | 4,248 01} +04 4206 | 4306 | 3,704 | +102
Primary metals... 6866 | 6874 | 6.995 0.1) -17 6.825 | 7028 | 6,253 +73
Fabricated metal products 8595 | 8551 | 8567 | +05] -02 8483 | 8,731 77648 | 48.7
Industrial machinery and equipment | 15/470 | 15,241} 15246 | +1.5 00 15,187 | 15,320 | 13422 | +109
Electronic and other
electrical equipment 12,858 | 12,711 | 12,01 | +12) 41.7 12,974 | 12,718 | 10,219 | +240
Transportation equipment . .  - 8085 | 8125 | 8313, 05] 23 8193 | 8276] 7.984] +09
Instruments and related products . smi | 5,959} 3907 | +02] +09 6035 | 5,929 | 6,032 “0.1
Lumber, furniture and
miscellaneous durable goods 9991 | 9.699 | 9687 | 43.0] 40.1 9519 | 9,695 | 9,006 | 47.2
Nondurable goods industries mi3s | 731} 71249} +12] +01 72,295 | 71,683 | 66,524 | +84
Food and kindred products 16629 | 16371 | 16520] +16]  -09 17/052 | 16231 | 17,535 0.7
Tobacco products... 682 341 ‘484 | 426.1 | +118 525 457 718 46
Textile mill products: |: 4577 | 4571 | 4,365 | +01] 40.1 4,609 | 4,648 | 4,155 +61
Paper and allied products. 6617 | 6390] 6278 | +36] +18 6388 | 6338 | 5,340 | +205
Chemicals and allied products 19042 | 18,856 | 18,757] +10] +05 18,663 | 18,373 | 16,803 | +110
Petroleum and coal products 291 | 5315 | 5436 | 05 | 22 5345 | 51533. | 5,170 +411
Rubber and plastics products 6931 | 6858 | 6846 | +11] +02 6747 | 6831 | 5883 | 413.7
Apparel, printing, and publishing
and leather goods 12,366 | 12,409 | 12,363 03} +04 12,966 | 13,072 | 10,920 | +144

° Preliminary. ‘ Revised.

See note at end of table 2 relating to survey variability


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
Sept. Aug. July} Aug-{ July-] — June- Sept. Aug. July Sept.] Sept
1995'| 1998 1995] Sept.| Aug. July] 1995") 1995" 1995 1994] 95/94
All manufacturing industries 461,461] 459,250] 460,368] +0.5| 0.2] ~—-+0.1] 457,017} 459,284) 461,863} 445,914] +2.5
Manufacturing industries
without defense capital goods 352,752| 351,104] 352,661] +05] -04] +05] 349,688] 352,498] 354,606] 335,871] +41
Durable goods industries 437,108 | 434,109] 434,223 40.7 0.0 0.0] 432,520] 433,413] 434,928] 421,287 42.7
Stone, clay, and glass products 7,999 7,949 7,785 +06 42.1 42.2 8,156 8,353 8,082 1,549 +8.0
Primary metals. . 27,691) 27.725) 27.403] -0.1| +12] 14] 26,439) 27,290} 27,544} 25,910] +2.0
Blast furnaces, steel mills 11,458] 11,601] 11,436 2 +14 Ol} 1011] 11,555] 11,429] 10,860 +14
Iron and steel foundries 3787] 3.704] 3,639] 422] 0 +18] = -2.6] 3,704] 3,650] 3,681} 3,432] $7.9
Nonferrous and other primary
metals... .. . 12,446{ 12,420] 12,328] +02] 9 +0.7) 9-24] 11,724] 12,085] 12,434] 11,618] +0.9
Fabricated metal products : 21,282] 21,215] 21,418 +0.3 0.9 0.0] 21,325} 21,481] 21,589] 20,630 43.4
Industrial machinery and equipment 72,675} 72,801 72,817 0.2 0.0 -0.5| 71,707} 72,308] 72,214] 63,853] +123
Engines and turbines - 4 to271} 10,131] 10232] +14] 10] 1.1] 10,458] 10,227] 10,048] 10,747} -2.7
Construction, mining and
material handling equipment . . 8,056 7,919 1,937 +17 02 +05 7,822 7,653 1,179 6,658] +17.5
Metalworking machinery 10,773] 10,912] 11,126 -13 “19 40.4] 10,773] 10,912] 11,126 9,492] +13.5
Computer and office equipment 1692] 12,036] 12267] -29] -1.9} 18] 11,669] 12,260) 12,411] 10,794) 8.1
Electronic and other
electrical equipment : 54,877] 54,328] 54,819 +10 09 +4.8| 53,593] 54,578] 55,327] 44,950} +19.2
Electrical transmission and
distribution equipment and
industrial apparatus . . . . ss} 599s} 6030] 45] -06] +07] 5,705] 6,010] 6,034) 5,841) -23
Electric lighting and
wiring equipment . 38s6{ 3,979| 3,853) 23] 433] +12] 3,886) 3,979] 3,853] 3,562) 49.1
Communications equipment | 17538] 16284) 16671] +7.7| 23] +03] 17,551] 16,207] 16,700] 14,514) +209
Electronic components 22'547| 22°791] 22867] -L1| = --03| +116] 21,307] 23,058] 23,309) 15,347] +388
Transportation equipment . 199449| 196102] 195,839) +17] +01] -0.8] 198,114] 195,212] 195,709] 202,217) -2.0
Aircraft, missiles,
space vehicles, and parts 169,533] 166,421| 165,687] +19] +04] -0.5} 168,344] 165,520] 165,541] 173,113) 28
Shipbuilding and tanks 17062| 17213] 17623} -09] -23] —-1.8) 17,084) 17,245} 17,681] 16,671] +2.5
Instruments and related products . 45,304| 45,969] 46,083 4 02 0.6] 45,133} 45,595] 45,755] 47,816 5.6
Search and navigation equipment 28.987) 29,458] 29.623] -1.6| -06| -14| 28,783] 29,076] 29,290] 31,571] 88
Measuring and controlling devices 9,918} 10,035 9,947 -12 40.9 +19 9,918] 10,035 9,947 8,920] +112
Medical instruments and supplies 5,568 5,636 5,672 2 0.6 -0.7 5,568 5,636 5,672 6,507] 14.4
All other durable goods... . . 7,831 8,020 8,059 24 05 40.7 8,053 8,596 8,708 8,362 3.7
Nondurable goods industries 24,353) 25,141 | 26,145 31 38] 40.7] 24,497] 25,871] 26,935) 24,627 -0.5

” 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.
19957} 1995'} 1995] Sept} Aug.} July} 1995°] 1995'] 1995] 1994] 95/4] 1995] 1994
All manufacturing industries 306,531} 301,903) 293,863} +15] +2.7] — -1.0] 321,026] 301,043} 265,461] 302,249] — +6.2} 2,685,656 |2,500,788
Manufacturing industries
with unfilled orders . 170,372] 166,381] 162,682] 42.4] +23] -0.7| 178,802| 163,562] 145,071] 164,250] +8.9] 1,472,765 |1,344,562
without defense capital goods 299,551) 294,961] 288,882) +1.6] 42.1) -0.9] 313,438] 295,185] 261,580] 295,003] +6.2] 2,634,089 [2,447,398
Durable goods industries 168,914} 164,082] 156,130] +29] +5.1] — -1.8] 176,208) 159,741] 133,407] 162,557] +8.4] 1,448,5161,341,983
With unfilled orders oo 135,336) 131,462] 127,133] 42.9) +3.4) — -0.7] 142,328] 127,669] 111,096] 129,904) —_+9.6} 1,158,435 |1,059,533
Stone, clay, and glass products 7,357] 7,490] 7,381] -1.8] +15] 42.81 7,876] 8,145] 7,502] 7,252| +86] * 64.948] 60,619
Primary metals .......... 14,948] 15,258] 14,318] -2.01 +66 -0.1] 14,499] 14,702} 12,486] 14,028] +3.4] 134,723] 118,923
Blast furnaces, stee! mills 6,256] 6,400] 6,035] -2.3) +60, -0.5| 5,945] 6370} 5,247| 6,037] -1.5] 57,624] 52,612
Iron and steel foundries 1,412) 1,411] 1,220] +0.1] 415.7] -0.2) 1,429] 1,342] 955] 1,265] +13.0] 12,002} 11,126
Nonferrous and other primary
metals.............. 7,280] 7,447] 7,063} -22) +54) +03] 7,125] 6,990] 6,284] 6,726] +59] 65,097] 55,185
Fabricated metal products. . ++] 16,091} 15,932] 15,756] +1.0] +1.) +0.9} 16,728] 16,341] 14,112] 15,849] +5.5] 143,626] 136,600
Industrial machinery and equipment . | 31,720] 31,415{ 29,818] +1.0] +54] -6.6] 34,269] 29,292] 24,985] 31,656] +83] 278,484! 252,994
Engines and turbines ee 2,070] 1,732{ 1,639] +19. +5.7] -259] 2,451] 1,810] 1,320] 2,196] +11.6] 16,101 16,494
Construction, mining and
material handling equipment . 3,416] 3,258] 3,271] +4.8) -0.41 +0.5] 3,445] 3,012] 2,826] 3,007] +14.6] + 29,704] 25,352
Metalworking machinery : 3,285] 3,305] 3,507) -0.6{ -5.8) +3. 3,638] 3,117] 2,890] 3,663] 0.7] 30,814] 27,376
Computer and office equipment . 8,755] 8,515] 8,149] +28) +45] -11.9] 10,928] 7,565] 6,017 9.915] +102] 75,115] 67,382
Electronic and other
electrical equipment 28,144] 26,683] 28,304] +5.5] -5.7] 47.6] 29,315] 26,026] 26,033] 25,176 +16.4] 236,714] 199,090
Electrical transmission and
distribution equipment and
industrial apparatus . . 2,720] 2,957} 2,883] -8.0) +26 +14) 2,990] 2,924) 2,588] 2,767 +8.1] 26,058] 23,656
Electric lighting and
wiring equipment... . . 1,859] 2,065] 1,938] -10.0] +66] +87] 2,002] 2,036 1,627] 2,063] -3.0] 17,321] 16,206
Communications equipment 7,647} 5,808] 6,115] +31.7}  -5.0)  -3.5] 8,506] 5,222] 5181] 6,554) +29.8] 55,355] 42,537
Electronic components 10,679] 10,463] 12,457] +2.1) -16.0] +21.8] 9/969] 10,249] 12172] 8.100] +23.1] 93,018} 71,349
Transportation equipment 43,111] 38,988] 33,278) +10.6] +172] -7.8] 43,878] 36,588] 23,265] 39,264] +11.8] 340,659} 333,234
Aircraft, missiles,
space vehicles, and parts 11,395] 8,991] 7,353) +26.7] +223] +7.5] 11,828] 7,634) 5,935] 7,355] +60.8] 71,698] 64,058
Shipbuilding and tanks 620 470) 468] +319] +04) -38.8 647] 426] 396) 1,449] -55.3 5,626] 6,273
Instruments and related products . . 10,805] 11,577] 10,856] -6.7| +6. -3.6 12,031] 11,317] 9,550) 11,779| +21] 99,419] 94,210
Search and navigation equipment 2,047] 2,423) 1,974) -15.5] +22.7} 11.7] 2,521] 2,307] 1,583] 2,842] -113] 19,626] 19,331
Measuring and controlling devices .] 3,643] 3,848] 3,664] -5.3] +5. -1.8] 3,948] 3,812) 3,235) 3,369) +17.2| 33,109] 28,731
Medical instruments and supplies 3,007} 3,115] 3,027] -3.5] +29) -15 3,204) 3,071] 2,759] 2,930) +9.4) 27,013} 25,755
All other durable goods .. . . 16,738] 16,739] 16,419] 0.0] +1.9} +0.6] 17,612] 17,330] 15,474] 17,553 +03] 149,943] 146,313
Nondurable goods industries 137,617] 137,821] 137,733} -0.1 +0.1] 0.0) 144,818] 141,302] 132,054] 139,692) +3.7] 1,237,140 1,158,805
With unfilled orders . . 35,036] 34,919] 35,549] +03) -1.8) -0.5] 36,474] 35,893] 33,975] 34,346] +6.2] 314,330] "285,029

? 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(92),

"Manufacturers’ Shipments, Inventories, and Orders: 1982-1992."


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.
195°] 1995] 1995] Sept.] Aug.] July] 1995°] 1995'] 1995] 1994] 95/94] 1995" | 1994
All manufacturing industries 304,320] 303,021] 293,474] +0.4) 43.3] -1.8) 323,293] 303,622] 264,149] 304,359] +6,2] 2,680,407 [2,493,232
Manufacturing Industries
with unfilled orders 168,161] 167,499] 162,293} +0.4] +3.2] -2.1] 181,069] 166,141} 143,759] 166,360] +8.8] 1,467,516 |1,337,006
without defense capital goods... | 297/903] 296,518| 287,103] +0.5] +33] -1.8| 316,248] 297.293] 2581429] 297'166| _ +6.4}21623,064 [2.432.747
Durable goods industries 165,915] 164,196] 135,919] +1.0] | +5.3 177,101} 161,256] 132,423] 164,273 +7.8| 1,443,444 {1,338,323
With unfilled orders : 132,337] 131,576] 126,922] +0.6]  +3.7| 143,221} 129,184] 110,112) 131,620] +8.8] 1,153,363 {1,055,873
Stone, clay, and glass products 7307| 7,326 7,216 03) +15 8073/7874] 7,014] 7,466] +8.1] ” 64,306] ° 59,889
Primary metals 14982] 14/936] 14,696] +03] +14 15,350] 14,956] 13,183] 13,935] +102] 136,143] 114,561
Blast furnaces, steel mills. 6,399] 6,235] 6,045] 42.6) 43.1 6,489} 6,244] 5,455] 6,069] +6.9] 57,264] 51,464
Iron and stee! foundries 1,329) 1,346) 1318) -1.3) 421 1375] 1373} 1,024 1,312) +4.8] 11,985] 10,737
Nonferous and other primary
metals 7,254) 7,355] 7,333] -14] +03) -1.6] 7,486] 7,339] 6,704] 6,554] 414.2} 66,894] 52,360
Fabricated metal products -..-{ 16,024] 16,135] 15,762] -0.7] +24] +0.8) 16,884] 16,449] 14.003] 16,181] +4.3) 142,793] 136,016
Industrial machinery and equipment . | 31,846] 31,431] 30,213] +13] +4.0/ -2.2| 34,870] 29,198] 25,606 30,703] +13.6| 273,973] 242,119
Engines and turbines 1930) 1,833] 1,749] +53] 44.8) +46) 2,220] 163i] 1,222 2,202) +0.8) 16,267] 15,886
Farm and garden machi 1850) 1,887} 1,853} -2.0) +18) +36 1,598) 1,483) 1/380] 1,589] +0.6) 17,250] 16,493.
Construction, mining and
material handling equipment 3,279} 3,276| 3,232] +01) +1.4) +09) 3,276 3,138] 2,930) 2,843] +15.2] 28,881] 24,485
Metalworking machinery : 3,424] 3519| 3462) -2.7) +16 +03) 3.7771 3,331] 2,845] 3.529] +7.) 29,618] 25,219
Computer and office equipment . 9,099} 8,746] 8369] +4.0] +45] -4.0 11,519] 7,716 6,397] 9.492] +214] 74,646] 63,839
Electronic and other
electrical equipment . 27,595] 27,174] 25,789] +15] +54) -2.5] 30,300} 26,775] 22,725] 25,691] +17.9] 229,253] 198,578
Electrical transmission and
distribution equipment and
industrial apparatus 2,990] 2,992] 2,844] -0.1] +52] -3.2] 3,295] 2,948] 2,527] 2,898] +13.7] 26,099] 23,585
Household appliances 1,999] 2,002} 1,873] -0.1] +69 0.1] 2,139] 2,089] 1,776] 2,010] +64] 17,327] 16,980
Electric lighting and
wiring equipment . 1,952} 1,939] 1,891) +0.7] +251 +14) 2,095] 1,910} 1,580] 2,009} 44.3] 17,078] 15,881
Household audio and
video equipment 1,169] 1,118] 1,165} +46] -4.0/ 42.8) 1,449] 1,204] 1,057] 1,299] +115] 9,567] 8,652
Communications equipment — 6,393] 6,195] 6,073] 43.2] 42.0] -6.8] 7,162] 5,715] 5,108] 6,028] +18.8] 52,808] 43,055
Electronic components 10,923] 10,539] 10,075] +3.6]  +4.6  +0.7] 11,720] 10,590] 9,148] 8.976] +30.6} 87,643] 71,106
‘Transportation equipment 39,764] 38,725] 34,760] +2.7| +114] -8.1] 40,976] 37,085] 25,021] 40,393] +1.4] 345,719] 344.493
Motor vehicles and parts 28,668] 27,812] 23,865] +3.1] +165] -8.7] 29,072] 26,759] 15,367] 28,534] +1.9] 245,359} 245,048
Aircraft,
space vehicles, and parts. 8,283] 8,257] 8,194] +03] +08] -3.2] 9,004] 7,655] 7,187] 8,948] 40.6] 74,246] 74,970
Shipbuilding and tanks : mi “s80f 785] 12.4] +12.) -8.3) 808] 862] 731) 982] 177] 7,481] 8,898
Instruments and related products . 11,470) 11,691] 11,123] -L.9f 45.1) -2.7] 12,493) 11,477] 9,872] 12,222 +2.2) 102,304] 97,788
Search and navigation equipment 2,518] 2,588| 2,406, 27] +76 -1.8) 2.8141 2,521] 2.084] 2814] 0.0 22,550] 22,050
Measuring and controlling devices 3,760] 3,760} 3,474] 0.0] +82) -5.5] 4,065 3,724] 3,045] 3,587] +133] 32,440] 28,643
Medical instruments and supplies 3,075] 3,151] 3,065] 2.4) +28) -0.8) 3,272 3,107] 2,797] 3.214] +18] 27,737] 26,704
Photographic goods 1,725] 1,783] 1,778| -3.3) +03] -13] 1,913} 1,709] 1,560] 2,167] -11.7] 15,917] 17,041
All other durable goods 16,927] 16,778] 16,360] +09] +26] -0.9] 18,155] 17,442) 14,999] 17,682] +2.7| 148,953] 144,879
Nondurable goods industries 138,405] 138,825] 137,555} -0.3]  +0.9  -0.2) 146,192] 142,366} 131,726] 140,086] —_ +4.4] 1,236,963 [1,154,909
With unfilled orders 35,824] 35,923 35,371] -0.3) +1.6 -1.4) 37,848] 36,957] 33,647] 34,740) +8.9] 314,153] 281,133
Food and kindred products. 37,035] 36,818| 36,207|  +0.6] +1.7| +0.5) 39,545] 37,450] 34,544] 38.219] +35] 324,836] 318,048
Meat products . 8,963] 8,505 8,422] 45.4) +1.0) +1.7} 9,447] 8,723 8322) 8,522] +109] 74,852] 72,317
Dairy products . 4,680] 4,656] 4,571] +05] +19} 04) 4.844] 4.743) 4.475] 4.815] 40.6 42,151] 41,690
Beverages ..... S511] 5,660] 5,382 -26] +52) +08) 5,665] 6.218 5,601] 5,305] 46.8] 49.261) 47,439
All other foods, except fi fats and oils | 16,116] 16,163] 16,137] -03] +02) +10 17,824] 15,932] 14,451) 17.750] +0.4) 141,768] 140,304
Tobacco products -..-{ 2,638] 2,832] 2965) -75| -3.8] +7.5| 2,810] 2,944] 2849] 2,784] 40.9] 25,659] 24.217
Textile mill products . 6,260] 6,232| 6,161] +04] +1.2) -1.7} 6,889} 6,623] 5,455] 6.959] -1.0] 56,707] 55,387
Broadwoven fabrics and
other textiles 3,887] 3,856| 3,742] +08] 43.01 -2.81 4,256] 4,034] 3,200] 4,278] -0.5] 35,219] 34,375
Paper and allied products . 14139} 14123] 13,900} +0.1] +1. 2.3) 14.491] 14,452] 13,513] 12,283] +18.0] 124,424] 101,245
Pulp, paper, and
paperboard mill products 6.241] 6,253 6,189] -02} +1.0) -0.7} 6,266] 6,323 6,097] 4,862| +28.9] 54,259] 39,996
Paperboard containers and boxes . 3,786] 3,754| 3,636] +09] +3.2) -3.0f 3,862] 3,893] 3,504] 3,214] +202] 33,262] 26,370
Miscellaneous converted
paper products 4112] 4,116| 4,075] 0.1] +1.0] -3.8) 4,363} 4,236] 3,912) 4,207] 43.7] 36,903] 34,879
Chemicals and allied products 30,842) 31,058) 1.1] -0.7| +1.1) 31,577] 30,765] 29,342) 30,783] +26] 277,885] 255,148
Industrial chemicals 16,551] 16,673] -1.2|  -0.7] -2.1] 16,551] 16,643] 16,072] 16,090] 42.9] 152,080] 133,103
Drugs, soaps, and toiletries 10,613] 10,496] -3.0] 41.1} +32) 11,663] 10,782] 9,708] 11,720] -0.5] 92,479] 91,144
Petroleum and coal products 12,786] 12,727] -0.3| 40.5] -2.2 13,269] 13,537] 13,231] 12,711] +44] 116,695] 106,850
Rubber and plastics products 10,104] 9,704] +0.5| 44.1] 1.7] 10,515] 10,262] 8,843] 10,013] +5.0] 91,259] 85,116
All other nondurable goods 24,937] 25,068] 24,833] -0.5] +09] -0.8| 27,096] 26,333] 23,949] 26,334) +2.9] 219,498] 208,898

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,