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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percen
change
Nov. Oct. Sept.| Oct-] Sept-]  Aug- Nov Oct Sept Nov.] Nov
1996" 1996" 1996] Nov. Oct.| Sept.} 19967} 1996" 1996 1995] 96/95
All manufacturing industries 439,889 | 438,134] 436,700 +04 +03 +0.2| 439,676] 438,813] 435,970] 431,175 +2.0
Manufacturing industries
with unfilled orders 296,359] 294,452] 293,015] +06] +05] +01] 295,841] 294,349] 292,493] 289,294] +23
without defense capital goods 420.963 | 419,184} 417,686] +04] +04] +03} 420,669] 419.640] 416.676] 411.660] +22
Durable goods industries 278,368] 277,328] 276,347] +04] +04] —+0.2] 278,727] 277,369] 275,520] 270,535] +3.0
With unfilled orders 256,601 | 254,986] 253,687] +06] +05} +03) 256,719] 255,152] 253.177] 247.889] +36
Stone, clay, and glass products... 8,363} 8307] 8.271] +0.7] +04] = 40.2] 8.095] 8084] B06] asd] 9
Primary metals 23,945] 23,801] 23,856] +06] -02] +10] 23.851} 23,698] 23.862) 23.545] +13
Blast furnaces, stee! mills 1211S} 11978] teas} +t} 404] sng} 12212] 11980] 11935] 11435} +68
Iron and steel foundries 1,503 1,483 1476] +13] 405] +16 1.467 1,453 1.448 1347] +89
Nonferrous and other primary
metals . 10,327] 10,340] 10,455} -0.1 “ll 10,172] 10,265] 10,479] 10,763 3
Fabricated metal products... -- | 26210] 26,132] 26071} +03] +02 25,750] 25,726] 25,821] 26.079} -13
Industrial machinery and equipment 59,092] $8,662] 58.670] +0.7 0.0 59,502] $8,588] $8,130] $8813} +12
Engines and turbines... . . 3.971 3,883] 3,837] +23] +12 4168] 4,032] 3.922] 4.086] +20
Farm and garden machinery ..... 2,611 2,772 2,845 5.8 26 2,663 2,667 2,671 2,922 8.9
Construction, mining and
material handling equipment... . 7,448 7,358 7216 +12 +2.0 0.0 7,396 7,292 7,138 7,043 +5.0
Metalworking machinery. : 7179] 7,174) 71S] +0.1] 403] = +04] 7n07] 7197] 7.241 6779] +48
Computer and office equipment . 12,531] 12,408] 12,684] +10} 22] -24] 12,844] 12;498] 12,326] 13,869] -7-4
Electronic and other
electrical equipment ee 41,590] 41,281 41,140 40.7 +03 +0.2{ 41,346] 41,367] 41,037] 40,181 +29
Electrical transmission and
distribution equipment and .
industrial apparatus... . 4799] 4,748] 4,734) +t] +03] 41.2] 4,897] 4,799] 4,745 5.281 “13
Household appliances ....... . 2841] 2,842] 2,814 00) +10} +22] 2719) 2727) 2638] 9 2ss1] +66
Electric lighting and
wiring equipment - 3313} 3,298] 3,283] +051 +05] = 0.9] 3,300] 3,312] 3,241 3435] -4.5
Household audio and
video equipment ........ vee 1,564] 1,521 1313} 428] +05] -1.6] 1,462 1,488 1,581 1429] +23
Communications equipment - | 1,568] 11,409] 11304] +14] 409) +03] 11436] tats} 11.274] 10,352] +105
Electronic components 13,864) 13,827] 13917} +03] -0.6] -02] 13,989] 14.006] 13.970] 13,681] +23
Transportation equipment foes 68,486 | 68,187] 67,515] +04} +10] +06} 69,492] 68,784} 67,761] 64.296] 48.1
Motor vehicles and parts oa 15,482 15,856] 15,815 2.4 +03 0.0 15,687 16,023 15,897 15,567 +08
Aircraft, missiles,
space vehicles, and parts... . . 47,843 | 47,188] 46,515] +14] +14} +09] 48,644] 47,692} 46,780] 43,639] +115
Shipbuilding and tanks ......... 1,925, 1,898 1,938 +14 21 +42 1,931 1,842 1,883 1,821 +6.0
Instruments and related products... | 24951] 25245] 25103} 12] +06} +02] 2siios| 25'506} 2sii6a] 23963] +48
Search and navigation equipment. 6,760} 6,870] 6,782) -16] +13] 409] = 6,783] 6,906] 6.781 6241] 48.7
Measuring and controlling devices . 7,900] 8,053] 8,030] -19] 403 = -0.3} = 7.924] 8.087] 8,029] 7,683) 43.1
Medical instruments and supplies : 7,421 744] 7354] +01] 40.8] = 40.2) 71503 7.541 7337] 7,040] +66
Photographic goods . 2,236] 2,265] 2294) 13] 13 oo) 2256} 2329 2385] 2.371 49
All other durable goods .......... | 25,731] 25,713] 25,721] +0.1 00| +08] 25,586} 25,656] 25,635] 25,404) -+0.7

Nondurable goods industries
With unfilled orders. .
Food and kindred products .

Meat products

161,521] 160,806] 160,353 +04 +03 +04] 160,949] 161,444] 160,450] 160,640 40.2
39,758 39,466 39,328 +07 +04 0.9 39,122 39,197 39,316 41,405 5.5
33,406 33,296 33,389 +03 03 +07 34,868 35,199 34,092 34,513 +10

4,073 4,074 4,036 0.0 +09 +10 4,040 4,079 4,027 3,884 +4.0
Dairy products . 2,996 3,063 3,085 22 07 +34 2,939 3,111 3,101 2,596 +132
Beverages ... 6,191 6,296 6,327 17 0.5 +10 6,271 6,458 6,397 6,292 03
All other foods, except ‘fats and oils 17,817 17,765 17,928 +03 0.9 +14 19,135 19,400 18,884 19,711 29

Tobacco products . . 6,071 5,914 5,728 42.7 +32 +17 6,156 6,004 5,696 5,625 +94

Textile mill products . . . 10,126 10,064 10,042 +0.6 +0.2 03 9,916 9,825 9,830 10,135 22

Broadwoven fabrics and

other textiles ....,..., 6013] 5,974] 5,977] +0.7]—-0.1 05] 5,953] 5,865] 5,833] 6,098} -2.4
Paper and allied products. | 16,577 16,634 16,727 03 0.6 -03 16,308 16,370 16,555 17,235 54
Pulp, paper, and
paperboard mill products .... . 6,847 6,904 6,985 0.8 12 -1.0 6,779 6,801 6,912 7,008 33
Paperboard containers and boxes 3.992] 4018] 4012] -06] +01) +07] 3900] 3,931 4018] 4,594] -15.1
Miscellaneous converted
Paper products... ... $738] 5,712] 5,730] +05] 03] 01 5.629] 5,638] 5,625] 5,633] -0.1
Chemicals and allied products . 39,380} 39,340] 39,251 +01 40.2 +0.7| 38,987] 38,900] 38,892] 38,081 424
industrial chemicals 19,046} 19,058] 19,041 Ol} +01) +12] 18836] 18,879) 18940] 18,757] +04

Drugs, soaps, and toiletries 15,355) 15,314] 15,243] +03] 40.5) +051 15,294] 15,247] 15,275] 14,651] +44
Petroleum and coal products... .. . 12,712) 12588] 12,543] +10] 40.4] +1.7] 12,692] 12.773] 12.744} 11397] +114
Rubber and plastics products ...... | 15,623] 15538] 15,470] +05] +04] +408] 5311] 15,207] 15147] 14953] 42.4
All other nondurable goods... .. . 27,626] 27,432) 27,203 +0.7] +08} -08] 26,711] 27,166] 27,494} 28,701 69

” Preliminary. ‘ Revised.
See note at end of table 2 relating to survey variability.


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

360 - 360
New Orders
340 F-----------------------------------/] Shipments |_{ 340
320 320
300 300
280 280
260 1 i i i = L 1 L 1 1 1 1 1 260
Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov
Nov. 1994-Nov. 1996
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments
/S Ratios UO/S Ratios
2.5 3.9
2.4 vos [4] 3.8
2.3 us 43.7
2.2 —==+1 3.6
21
2
1.9
1.8
1.7
1.6

1.5
1.4
1.3

1.2 1 1. ai 1 who 1 1 1 L in J 1 2.6
Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov

Nov. 1994-Nov. 1996

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES

FOR TOPICAL SERIE:
(Millions of dollars)

S!

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Nov. Oct. Sept. Oct.- Sept.- Aug.- Nov. Oct. Sept. Nov. Nov.
1996" 1996" 1996 | Nov. | Oct. | Sept. | 1996" 1996" 1996 1995 | 96/95
UNFILLED ORDERS
All manufacturing industries 513,775 | 511,565 | 505,188 | +04] +13 | 40.7 | 507,910 | 507,610 } 500,074 | 469,083 483
Market categories :
Automotive equipment 1,927 1,918 1949] +05] -16 | -02 1,880 1,877 1,940 1,919 -2.0
Home goods and apparel 9,363 | 9613 | 9,234 26] +41] 4277 g14s | 9.251 93391 8,035 +14
Consumer staples 1,941 1923 | 2019} +09] -48] -50 1,947 1,938 2,129 11880 43.6
Machinery and equipment 230,353 | 231,340 | 228,634 04] +12] +13 | 230,464 | 231,217 | 227,364 | 203,954 | +13.0
Business supplies 6,465 | 6,468 | 6,509 00} 06] -05 | 6304] 6358] 6584 | 6364 09
Construction materials
and supplies 15,676 | 15,871 | 15,960 “A2} 06 | +12 | 15,349 | 15,655 | 13,987 | 15,311 +02
Defense products 103,520 | 100,887 | 100.993 | +26] -0.1 -10 | 101,518 | 98,876 | 99.396 | 95,735 +6.0
Other materials, supplies and
and intermediate products . 144,530 | 143,545 | 139,890 | +0.7 | +26 | +0.7 | 142,303 | 142,438 | 137,283 | 135,865 +47
Durable goods industries :
Nondefense capital goods * 251,343 | 251,414 | 247,058 00} +18] +14 | 251,879 | 251,399 | 245,918 | 222,562 | +13.2
Excluding aircraft and parts 97,758 | 98,233 | 97,336 05] +09} -0.8 | 98,294 | 98218 | 96.196 | 96,819 +15
Defense capital goods * + | 108,274 | 105,805 | 106.108 | 423] -03 -0.8 | 106,223 } 103,845 | 104,530 | 100,755 +54
Durables excluding capital goods 128,859 | 129,784 | 127,761 07] +16 | +04 | 125,728 | 128,595 | 125,217 | 122,202 42.9
Miscellaneous series :
Producers’ durable equipment . 262,015 | 263,630 } 262,059 06} +06] +11 | 261,617 | 263,526 | 261,043 | 237,744 | +100
Household durable goods ...... 5540 | 5,962 | 5,687 71] +48] 408 04: 94: 5,792 5,355 58
Information technology industries 38,061 | 38,387 | 36,664 08] +47 | 34 | 38,652 | 38,793 | 36,547 | 39,234 “15
Health care equipment
and products 7,769 | 7,873 | 8,164 13} 36] +10] 7909] 8073] 8,040] 7,591 +42
TOTAL INVENTORIES
All manufacturing industries 439,889 | 438,134 | 436,700 +04] +03 +0.2 | 439,676 | 438,813 | 435,970 | 431,175 +20
Market categories :
Automotive equipment 7,930 | 8,167 | 8,217 29] 06] 05} 7,985] 8176} 8177 | 7,734 +3.2
Home goods and apparel 32,237 | 32,289 | 32,199 02] +03] +08 | 30,889 | 31,511 | 31,989 | 31,200 -10
Consumer staples 65,086 | 64,679 | 64,497 | +06] +03 | +0.7 | 66,253 | 66,476 | 65,400 | 64,516 42.7
Machinery and equipment... 113,205 | 112,292 | 111,454 | +08] +08 0.0 | 114,259 | 112,606 | 110,920 | 106,744 47.0
Business supplies . vee 26,282 | 26,110 | 25,877] +07] +09} +01 | 26010] 26166 | 25,967 | 26,223 0.8
Construction materials
and supplies 26,199 | 26,003 | 25,957 | +08] +02] +03 | 25,836 | 25,683 | 25,712 | 26,145 +12
Defense products ........... 18,820 | 18,774 | 18,781 | +02 00 | -03 | 18884] 18945 | 19,012 | 19,248 +19
Other materials, supplies and
and intermediate products ..... 150,130 | 149,820 | 149,718 +0.2 40.1 +0.2 | 149,560 } 149,250 | 148,793 | 149,365 +0.1
Durable goods industries :
Nondefense capital goods * 107,849 | 106,445 | 105,459 413 40.9 +0.1 | 108,881 | 106,798 | 104,957 | 101,400 +74
Excluding aircraft and parts 72,132 | 71,403 | 71,293 | +10} +02] 06 | 72,453 | 71.433 | 70,789 | 71,030 +20
Defense capital goods * 18,926 | 18,950 | 19,014 0.1} 03 | 05} 19,007 | 19,173 | 19,294 | 19,515 26
Durables excluding capital goods 151,593 | 151,933 | 151,874 0.2 0.0 +0.3 | 150,839 } 151,398 | 151,269 | 149,620 +0.8
Miscellaneous series :
Producers” durable equipment 179,952 | 179,251 | 178,325 | +04 | +05 | +01 | 180,564 | 179,309 | 177,524 | 173,252 +42
Household durable goods... . 15,644 | 15,613 | 15,545 | +02] +04] +16] 15,139 | 15377 | 15,420 | 14,509 +43
Information technology industries 36314 | 36,268 | 36,496 | 40.1 06 | -06 | 36566 | 36,462 | 36,169 | 36,303 +07
Health care equipment
and products sees es 15,768 | 15,740 | 15,642 | +02] +06 | +04] 15,816 | 15,829 | 15,641 | 15,012 45.4

See footnotes at end of table 5.

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


Faun PAU UP IANUPAC UREN OEE ALU NEW URUEKS

FOR TOPICAL SERIES‘
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted *
Monthly Percent Change Monthly Percent Year to date
Industry change
Nov Oct. | Sept] Oct- | Sept-] Aug] Nov Oct. | Sept] Nov. | Nov.
1996" | 1996] 1996} Nov. | Oct.] Sept. 1996] 1996'} 1996] 1995] 96/95 | i996" | i995
SHIPMENTS
All manufacturing industries - + | 318,280] 315,510] 315,160] +0.9) +01} +0.7) 319,361] 324,083] 335,330] 301,531 +5.9] 3,408,075 ]3.268,988
Market categories :

Automotive equipment : 14,017] 14,076] 14,687} -0.4) 4.2) +3.3) 14,389] 15.225] 15,282] 131s] +05] 153.384] 146,884
Home goods and apparel 19,289] 18,885] 18,701) +2.1] +10) +0.6f 20.339] 21,384) 21.249} 18.8221 +8.1] 206,122
Consumer staples ....... 68,169] 68,038] 66,362] +0.2] +25] +0.1) 68,882] 70.244] 63.000] +93] 722,030
Machinery and equipment 56,939] 56,108} 37,559] +15) -2.5) +23) 56,632) 55.417 $3,051 46.8] GOLA75
Business supplies . 25,252} 24,934) 24,944) +13] 0.0) +0.3] 25.728] 25,608 24.126] +66] 271.130
Construction materials

and supplies 19,672} 19,701] 19,554} -0.1] +0.8)  -0.3) 19,538} 21,015] 20,942] 18.382] +63] 212.467} 206.912
Defense products 6,472) 5,974] 6,379) +83) -6.3) +15] 6,590] 5,829} 6,945} 6,125] +7.6] 68,460] 69,758
Other materials, supplies and

and intermediate products 108,470] 107,794] 106,974} +0.6]  +0.8)  +0.2) 107,263] 109,361] 112,090] 104,510] — +2.6] 1,173,007 }1,162,300

Durable goods industries

Nondefense capital goods * 43,988] 43.126] 44,076} +2.0) -2.2) +18) 43,331] 41,184] 49,194] 40,996} +5.7] 461,169] 433,637

Excluding aircraft and parts 38,157] 37,528] 38,428] +1.7|  -2.3] +2.3) 37,553] 36,000] 43,142] 35.501 45.8] 404,718

Defense capital goods * . . 6,146f 5,672] 6,086] +84) -6.8) 42.5) 6,356] 5,545] 6,629] 5,884) +8.0) 64,723
Durables excluding capital goods 120,712] 120,026} 120,543] +0.6) -0.4) +11} 122,052] 126,087] 127,476] 115,217 +5.9} 1,300,284 } 1,247,785

Miscellaneous series
Producers’ durable equipment 109,581) 108,339} 110,501] +11] -2.0)  +1.5] 110,268] 110,127] 118,861] 103.601 +6.411,171,051 1,107,512
Household durable goods -| 9.462] 9,385] 9.318] 40.8) +07] +14) 10,130} 10,438] 10.691] 9.297} +9.0] 101,112] 92.096
Information technology industries 21,526] 21,094] 21,430] +2.0] 1.6 +0.5] 21,622] 19,727} 25,102) 20,242) +6.8] 224,128] 203.850
Health care equipment

and products see 10,605] 10,676] 10,593} -0.7] +08) +28] 10,509] 10,716) 11,630| 9,568] +9.8] 112,234] 102,957
NEW ORDERS
All manufacturing industries . 320,490] 321,887] 318,515] -0.4) +1.1]  +2.6) 319,661] 331,619] 333,522} 301,234] +6.1} 3,441,510 3,273,764
Market categories

Automotive equipment . ++ +f 14,026} 14,046) 14,684) -0.1] -4.3] +3.2) 14,392) 15,161] 15,245] 13,439} +7.1] 153,345] 146,640
Home goods and apparel. . . 19,040 19,263) 18,949] -1.2] +17) +18] 19,233] 21,244] 20,949] 18,255] +54] 206,657] 197,641
Consumer staples... . . 68.187] 67,942] 66,255] +0.41 +25) +0.1! 68,891] 70,054] 70,265] 63,011] +9.3] 722,152] 669.059
Machinery and equipment . . 55,952] 58,814] 60,575{ 4.9] -2.9] +1111 55,879] $9,270] 64,599} 55,604] +05] 623,077] 570,648
Business supplies... .... 25,249] 24,893} 24,912] +14} -0.1) +0.4) 25.674] 25,382) 25,678] 24.216]  +6.0) 271.196] 254,781

Construction materials
and supplies

Defense products .

Other materials, supplies and
and intermediate products ..... . 109,453] 111,450] 107,998] -1.8} +32] +0.7] 107,127] 144,516] 110,087] 103,498} +3.5] 1,180,937 ]1.164,809

19,477] 19,612] 19,750] -0.7] 0.7) +06, 19,233] 20.684) 20,999} 18,213] +5.6) 212,540] 206,811
9,106} 5,867) 5,392) +55.2) +88) +24) 9,232 5,308] 5,700] 4,998] +84.7 71,606] 63,375

Durable goods industries :

Nondefense capital goods * ......} 43,917] 47,482) 47,515] 7.5] -0.1] +15.4] 43.811] 46,635] 51,901] 44,028] -0.5] 485,874] 441,531
Excluding aircraft and parts ....| 37,682] 38,425] 37,668] -1.9] +2.0) +2.2] 37,629} 38,022] 41,650] 36,562] +2.9] 407,688] 384,423
Defense capital goods * -...] 8.615] 5,369] 5,249) +605] 42.3) +711 8,734] 4.860] 5,573] 4,669] +871] 67,835] 58.488
Durables excluding capital good: 119,787] 122,049] 121,047] -1.9]  +0.8}  +0.7} 119,185] 129,465] 124,509] 113,281 +5.2] 1,304,582 ]1,252,800
Miscellaneous series :
Producers’ durable equipment 107,966} 109,910] 113,352} -1.8] -3.0} +5.5] 108,359] 112,610| 120,213} 105,424} +2.8} 1,190,324 1,117,349
Houschold durable goods -| 9,040] 9,660] 9,365] -6.4]  +3.2| +2.2} 9,230] 10,589) 10,445] 8.926] +3.4] 11.181] 92,390

Information technology industries -] 21,200] 22,817] 20,132} -7.1} +133] -1.8] 21.481] 21,973) 23,354] 20,596]  +4.3| 2241537] 206,465,
Health care equipment
and products sosessess.] 10,501] 10,385] 10,676] +11] -2.7] +25} 10,345} 10,749] 11,652] 9,571] +8.1] 112,615] 102,575

” 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 mate:
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; aircratt, missiles, space vehicles, and engine:
and parts; ships and tank components; railroad equipment; and search and navigation equipment.

“ Defense capital goods industries include : ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, tank:
and tank components; and search and navigation equipment

See note at end of table 2 relating to survey variability


UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP
(Based on seasonally adjusted data)

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Nov. Oct. Sept. Aug. Nov. Oct. Sept Aug.
1996" 1996" 1996 1996 1996" 1996" 1996 1996
All manufacturing industries... . 1.38 139 139 139 2.94 297 291 291
Durable goods industries sees 1.63 1.64 1.62 164 351 3.56 3.30 351
Stone, clay, and glass products 1.18 116 1.20 1.20 0.96 0.96 LOL 097
Primary metals 20... 2... 139 139 161 159 2.00 2.07 214 pal
Fabricated metal products .. 1.47 1.48 147 147 140 142 139 136
Industrial machinery and equipment 184 184 1.80 185 241 242 239 2.43
Electronic and other
electrical equipment ......... 1.46 1.350 151 154 1.86 191 181 187
Transportation equipment... . . 1.74 1.76 1.65 1.69 12.63 13.02 12.18 1211
Instruments and related products 1.95 2.00 2.00 1.98 3.62 3.67 3.72 3.73
Nondurable goods industries . . . . 1.10 1.10 1 Lat 0.70 0.69 0.68 0.67
Food and kindred products cee 0.84 0.84 0.86 0.85 (X) (X) (X) (X)
Tobacco products ............. 218 2.05 2.03 1.96 (x) & (x) (X)
Textile mill products veces 1.57 156 155 157 (NA) (NA) (NA) (NA)
Paper and allied products . . . 126 1.26 126 127 (NA) (NA) (NA) (NA)
Chemicals and allied products... . . 124 1.23 1.25 124 (x) () (x) )
Petroleum and coal products... . 0.76 0.76 0.79 0.81 &) (X) &) (X}
Rubber and plastics products ..... . 131 131 131 129 (e4) &) () (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: ‘bacco; 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
Nov. Nov. Nov. Nov.
Nov? |  1995- Nov. |  1995- Nov. | 1995- Nov.? | 1995-
Nov} 1991-| Oct. | Nov.'| 1991-] Oct. | Nov.' | 1991-] Oct. | Nov.' | 1991. | Oct
1996 | 1995} 1996] 1996 | 1995 | 1996 | 1996] 1995 | 1996 | 1996 | 1995 | 1996
All manufacturing industries... . . . &) Ol ol ea) Ol 02 (x) 01 01 ea) 1 O41
Durable goods industries... . . . vee 04 02 02 0.1 04 0.0 0.1 01 (X) 1 oO!
Stone, clay, and glass products (Xx) 04 04 (Xx) 08 (x) 03 0.7 (X) 1 Ol
Primary metals... . . - 02 06 04 02 09 0.0 02 04 () 1 Ol
Fabricated metal products . . (X) 04 04 (x) 05 (%) 03 03 (X) 1 0.2
Industrial machinery and equipment 0.6 07 0.5 -0.2 06 “0.4 02 0.1 (Xx) I 0.1
Electronic and other

electrical equipment . . . 10 06 03 02 os 0.3 02 03 (xX) 02
Transportation equipment . . . . : 02 03 06 11 12 02 oO. 02 & 03
Instruments and related products . . ea 03 08 oa) 09 a) 02 03 & 02
Nondurable goods industries . ans) 00 o1 ea ol 1 es) 04 02 ea) 01
Food and Kindred products ‘| ml] 02, 02) MW) ML WL Wl WL WL & 0.1
Tobacco products. . (X) 02 0.0 &) (X) & & (X) (&) (X) 00
Textile mill products, « (X) 03 03 (&) | @NA)] (NA) (x) |} NA) | (NA) &) ol
Paper and allied products . & 02 02 (X)] NA) | (NA) (| (NA) | (NA) ie) 02
Chemicals and allied product (x) 02 02 &) (x) (x) &) &) (x) ®) 02
Petroleum and coal products OM} 03} o4f WR) MW] WM) WM] &)- @) & 02
Rubber and plastics products... ..-] (x) 05 02 &) &) &) x) & &) © 02

Capital goods industries :
Nondefense ..........---- Ml 04 0.5 03 07 07 -0.1 02 Ol (x) Ol 03
Defense ............ : 14 05 08 53 2.0 64 02 On 04 & 02 oa

(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 reliminary 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.


UCURKEN! INUUSIRIAL REFURIS

cn
° Staves fF
U. S. Department of Commerce

Economics and Statistics Administration
BUREAU OF THE CENSUS

‘ Manufacturers’ Shipments,
d Inventories, and Orders

November 1996
M3-1-(97)-11
For Wire Transmissions 10:00 a.m. E.S.T. January 7, 1997

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

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

Summary

New orders for manufactured goods in November decreased $1.4
billion of 0.4 percent to $320.5 billion, the Department of Commerce,
Bureau of the Census reported today. This follows a 1.1 percent October
increase and is the first decline since August. Excluding transportation, new
orders decreased 0.7 percent, following a 2.3 percent October increase. Year
to date, new orders are 5.1 percent above the same period a year ago.

Shipments, up for the fifth consecutive month, increased $2.8 billion
or 0.9 percent to $318.3 billion, following a 0.1 percent October increase.
Year to date, shipments are 4.3 percent above the same period a year ago.

Unfilled orders, up six of the last seven months, increased $2.2 billion
or 0.4 percent to $513.8 billion, following a 1.3 percent October increase.
The unfilled orders-to-shipments ratio was 2.94, down from 2.97 in October.

Inventories, up for the fifth consecutive month, increased $1.8 billion
or 0.4 percent to $439.9 billion, following a 0.3 percent October increase
Tne inventories-to-shipments ratio was 1.38, down from 1,39 in October.

New Orders

New orders for manufactured durable goods in November decreased
$2.6 billion or 1.5 percent to $172.3 billion, revised from the previously
published 1.6 percent decrease. This follows a 0.6 percent October increase
and is the first decrease since August.

Electronic and other electrical equipment had the largest decrease,
$2.9 billion or 9.1 percent to $28.4 billion, duc to electronic components and
communication equipment. This follows a 17.2 percent October increase
and is the first decline since August. Fabricated metal products, down for
the second consecutive month, decreased $0.1 billion or 0.5 percent to $17.9
billion. Transportation equipment increased $0.5 billion or 1.1 percent to
$42.1 billion, as large increases in shipbuilding and parts and railroad
equipment offset a decline in aircraft and parts. This follows a 6.8 percent
October decrease, Instruments and related products, up for the second
consecutive month, increased $0.3 billion or 2.3 percent to $12.7 billion,
following a 3.5 percent October increase. Primary metals, up for the first
month since July, increased $0.1 billion or 0.4 percent to $14.4 billion,
following a 2.0 percent October decline.

New orders for nondurable goods, up four of the last five months,
increased $1.2 billion or 0.8 percent to $148.2 billion, following a 1.6
percent October increase. Printing, publishing and allied products, textile
mill products; apparel and related products; and food and Kindred products
had the largest increases.

Shipments

Shipments of durable goods in November, up four of the last five
months, increased $2.0 billion or 1.2 percent to $170.8 billion, revised from
the previously published 0.8 percent increase. This follows a 1.1 percent
October decrease

Electronic and other electrical equipment had the largest increase, $0.8
billion or 3.0 percent to $28.4 billion, the sixth increase in the last seven
months. Transportation equipment, up four of the last five months, increased
$0.6 billion or 1.5 percent to $39.3 billion, due to aircraft and parts. This

follows a 5.1 percent October decrease. Fabricated metal products, up for
the first month since August, increased $0.2 billion or 1.0 percent to $17.9
billion, This follows a 0.6 percent October decrease. Instruments and
related products increased $0.2 billion or 1.3 percent to $12.8 billion,
following a 0.8 percent October increase. Primary metals increased $0.1
billion or 0.8 percent to $15.1 billion, following a 1.3 percent October
increase. Industrial machinery and equipment, up three of the last four
months, increased $0.1 billion or 0.3 percent to $32.0 billion, following a 1.8
percent October decrease.

Shipments of nondurable goods, up for the third consecutive month,
increased $0.7 billion or 0.5 percent to $147.4 billion, following a 1.3
percent October increase. Printing, publishing and allied products: appare!
and related products, and food and Kindred products had the largest
increases. Chemicals and allied products had the largest decline.

Unfilled Orders

Unfilled orders for durable goods in November increased $1.5 billion or
0.3 percent to $488.5 billion, unrevised from the previously published 0.3
percent increase. This follows a 1.3 percent October increase and is the
sixth increase in the last seven months.

Transportation equipment, up six of the last seven months, had the
largest increase, $2.7 billion or 1.1 percent to $249.2 billion, mostly due to
aircraft and parts. Fabricated metal products, up for the tenth consecutive
month, increased $0.1 billion or 0.4 percent to $23.4 billion, Primary
metals, down for the third consecutive month, decreased $0.7 billion or 2.3
percent to $30.2 billion, following a 2.0 percent October decrease. Industrial
machinery and equipment, down for the third consecutive month, decreased
$0.2 billion or 0.3 percent to $72.5 billion, following a 0.1 percent October
decrease

Inventories

Inventories of durable goods in November increased $1.0 billion or 0.4
percent to $278.4 billion, the fifth consecutive monthly increase. Industrial
machinery and equipment, up for the first month since July, increased $0.4
billion of 0.7 percent to $59.1 billion. This follows a slight October decline.
Electronic and other electrical equipment, up for the fourth consecutive
month, increased $0.3 billion or 0.7 percent to $41.6 billion. ‘Transportation
equipment, up ten of the last eleven months, increased $0.3 billion or 0.4
percent to $68.5 billion. This follows a 1.0 percent October increase.
Primary metals, up three of the last four months, increased $0.1 billion or
0.6 percent to $23.9 billion. Fabricated metal products, up four of the last
five months, increased $0.1 billion or 0.3 percent to $26.2 billion
Instruments and related products, down for the first month since June,
decreased $0.3 billion or 1.2 percent to $25.0 billion.

Inventories of nondurable goods, up for the fourth consecutive month,
increased $0.7 billion or 0.4 percent to $161.5 billion, following a 0.3
percent October increase. The largest increases were in printing, publishing,
and allied industries; tobacco products; and petroleum and coal products.

By stage of fabrication, November finished goods decreased 0.1 percent
in durables and increased 0.9 percent in nondurables. Work in progress
increased 0.9 percent in durables and 0.6 percent in nondurables. Materials
and supplies decreased slightly in durables and 0.1 percent in nondurables.

(See Back Page For 1997 Release Dates)
Our internet address is http:/Avww.census.gov/Itp/pub/indicator/www.prel.htmt

‘The advance report on durable goods for December is scheduled for January 29, 1997 at 8:30 a.m. and the full report on February 5, 1997 at 10:00 a.m. For sale by the Superintendent
of Documents, U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through the Department of Commerce's online Economic Bulletin
Board (N-8-1) (202-482-3870),


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

62R------------------------------------- New Orders |—§ 52

Shipments

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

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
10 10

New Orders

Shipments

4
Nov Jan Mar May Jul Sep Nov Jan Mar May — Jul Sep Nov
Nov. 1994-Nov. 1996

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
i change
Nov. Oct Sept. | Oct- | Sept- | Aug- Nov. Oct Sept Nov. | Nov
1996" | 1996" 1996 | Nov Oct. | Sept 1996" | 1996" 1996 1995 | 96/95
MATERIALS AND SUPPLIES
All manufacturing industries 143,073 | 143,152 | 143,397 0.1} -03 | +02 | 143,199 | 143,696 | 143,474 | 146,145 20
Durable goods industries 82,580 | 82,585 | 83,373 oo} -09 | +01 | 83,180 | 83,215 | 83,715 | 84,233 “13
Stone, clay, and glass products 2817 | 2/825 | 2:85 | -03 | +14] -02 | 281t | 2830 | 2:787 | 21825 “05
Primary metals 7816 | 7772] 7771 | +06 oo] +29) 7982} 7897 | 71852 | 7740 | 43.1
Fabricated metal products 9775 | 9.784 | 9647 | -0.1 | +14] -02 | 9698 | 91693 | 91587 | 9414 | +30
Industrial machinery and equipment | 17,021 | 16.955 | 17.676] +04] -41 | -19] 17,198 | 17,026 | 17,734 | 18,236 “87
Electronic and other
electrical equipment 14.449 | 14414 | 14397 | +02] 40.1 00} 14365 | 14578 | 14508 | 15,144 “5.1
Transportation equipment... 12559 | 12680 | 12.723 | -10 | -03 | +08 | 12702 | 12,676 | 12,658 | 12,295 +33
Instruments and related products 7654 | 7.767 | 7915} 15} 19 | +13 5622 (792 | 7.946 | 7368 | +34
Lumber, furniture and
miscellaneous durable goods 10.489 | 10388 | 10,459] +10] -07} +08] 10802 | 10,723 | 10,643 | 11,211 36
Nondurable goods industries 60,493 | 60,567 | 60,224 | -01 | +06] +02 | 60,019 | 60,481 | 59,759 | 61,912 3.
Food and kindred products 1s7s | the17 | 11,573 04] +04] -03 | 11912 | 11995 | 11224 | 11,922 0.1
Tobacco products 4745 | 4761 | 4.733, 03} +06 | +0.7 | 4499} 4'587 | 44622 | 4.417 +19
‘Textile mill products 3.080 | 3.027 | 2956] +08] +24] +03 | 2901 | 2936 | 21879 | 2/957 +11
Paper and allied products 7,750 | 7.781 | 7.791 04] 01] -06 | 7741] 7803 | 7817 | 8776 | -118
Chemicals and allied products 13,082 | 13.086 | 13,072 0.0} +01 | +18 | 13019 | 13.027 | 13.027 | 12876 | +11
Petroleum and coal products 4355 | 4385 | 4322 0.7] +15 | +27 | 4230] 4443 | 4343 947 472
Rubber and plastics products 5.935 | 51928 | 5.87 +01] +10] +06] 5852] sar} 5/840 | 5,854 00
Apparel, printing and publishing
and leather goods .... . 10,001 | 9,982 | 9,905 | +02} +08] -23 | 9,775 | 9,849} 10,007 | 11,163 | -12.4
WORK IN PROCESS
All manufacturing industries 147,534 | 146,253 | 144810 | +09] +10] -0.1 | 148,673 | 147,744 | 145,802 | 141,295 +52
Durable goods industries 121,285 | 120,156 | 118,830 | +09] +11 0.0 | 121,943 | 120,827 | 119,370 | 115,294 +58
Stone, clay, and glass products . 268 | 71243. | 1217 | +20] 421 | +0 1169 1162 187 ‘152 | +1's
Primary metals . 8934 | 81969 | 43 | -o4] +03 | +03) 8810] 8924] 8972 | 81839 03
Fabricated metal products |. | 7183 | 71149 | 7290] +05] 19] -ri | 714i | 7176 | 7347 | 7816 8.6
Industrial machinery and equipment | 24,129 } 23,670 | 23,317 | +19] +15 | -14 | 24427 | 23,865 | 23,510 | 23,915 #21
Electronic and other
electrical equipment 15,664 | 13,546 | 15,574] +408] -02 | -02] 45.605 | 15,521 ] 15,475 | 14200] 49.9
Transportation equipme 48,310 | 47583 | 46,708 | +15 | +19 | +09 | 49,055 | 48,091 | 47,072 | 44,254 | +108
Instruments and related products 11330 | 11380 } 11:37} 04] 422 | -08 | 11374] 11474 | 11147 | 10,517 +811
Lumber, furniture and
miscellaneous durable goods 4467 | 4616 | 4648 | -32 | -07] +06 | 4364] 4614] 4,660 | 4,601 5.2
Nondurable goods industries 26,249 | 26,097 | 25,980 | +06] +05 | -05 | 26,728 | 26,917 | 26432 | 26,001 428
Food and kindred products . 671 643, 654 | +06] -02 | +06} 5073 | “5.272 | 4834 | (4,780 | +6.1
Tobacco products : 315 292 242 | +79} 4207 | 9.7 495 403 290 403 | +228
Textile mill products’. 2,705 | 2,707 | 2,723 0.1] 06} -04] 2686] 2690 | 2,740} 2,864 ~6.2
Paper and allied products W777 | 4.775 | 776. | +01 | Or] +04 1716 | 1,709 | 1,761 1,630 | +53
Chemicals and allied products 6606 | 6,629 | 6726) 03] -14] -17 | 6587 | 6612 | 6770 | 6,588 00
Petroleum and coal products 2,594 | 2579 | 2522 | +06] +23] +12] 2598] 2621 | 2,572 | 2,289 | +135
Rubber and plastics products 2o7e | 2/047 | 21072 | 414] -12] +05 | 2122 | 2080 | 2055 | 2087 | +17
Apparel, printing and publishing
and leather goods ............. 5,505 | 5,425] 5,265] +15] +30] -08] 5451] 5530] 5410] 5,360) +17
FINISHED GOODS
All manufacturing industries 149,282 | 148,729 | 148,293 +03 | +06 | 147,804 | 147,373 | 146,694 | 143,735 +28
Durable goods industries... .. 74,503 | 74,587 | 74,144 +06] +05 | 73,602 | 73,327 | 72,435 | 71,008 437
Stone, clay, and glass products’ 4278 | 4.239 | 4.269 0.7] +03] 411s | 4052 | 4132 | 4.277 38
Primary metals : 7195 | 7/060 | 7142 aa 00 | 7059 | 6877} 7038 | 6966 | +13
Fabricated metal products 7/2/22 | 9/252 | 9199 | 91134 +07} +05 | 8911 | 8857 | 81887} 8.849 | +07
Industrial machinery and equipment | 17.942 | 18,037 | 17.677 420 | +408 | 17/877 | 17,697 | 16886 | 16,662 +73
Electronic and other
electrical equipment 11,477 | 11321 | 11,169 +14] +10] 11376 | 11,268 | 11,054 | 10,837 | +5.0
Transportation equipment . 7,617 (924 | 8,088 20 | -14 | 7735 | 8017 | 8031 | 7,747 0.2
Instruments and related products . 51967 | 6.098 | 6,051 +08 | +06] 6109] 6240 | 6075 | 6078 | +05
Lumber, furniture and
miscellaneous durable goods .. . . 10,775 | 10,709 | 10,614 +09 | +1.0 | 10,420 | 10319 | 10,332 | 9,592 +8.6
Nondurable goods industries .. . 74,779 | 74,142 | 74,149 oo | +08 | 74,202 | 74,046 | 74,259 | 72,727 +2.0
Food and kindred products « 17,160 | 17,036 | 17,162 07 | +13 | 17883} 17:932 | 181034 | 17,811 +04
Tobacco products Vou 861 753 +143 | +137 1162 | 1014 784 80: +443
Textile mill products 4371 | 4330 | 4,363 08 | 06] 4239} 4199 | 4211 | 4314 “17
Paper and allied products... |. 7050 | 7078 | 7,166 aa 0.1 | 6851 | 6858 | 6.977 | 6,829 | +03
Chemicals and allied products 19.692 | 19,625 | 19,453 +09 | +08] 19381 | 19,261 | 19,095 | 18,617 +4.1
Petroleum and coal products : -763 | 5.624 | 5,699 13) +12] 5864 -709 | 5.829 | 5,161 | +136
Rubber and plastics products |. |: 7612 | 7563 | 7.526 +05] +10] 7337 | 7286] 7252] 7012] +46
Apparel, printing, and publishing
and leather goods ...... 12,120 | 12,025 | 12,033 | +08] -0.1 | +04] 11485 | 11,787 | 12,077 | 12,178 “37

° 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
Nov. Oct Sept.} Oct-|  Sept-]  Aug.- Nov Oct. Sept Nov.] Nov.
1996" 1996" 1996] Nov. Oct. | Sept 1996" 1996" 1996 1995] 96/95
All manufacturing industries 513,775] 511,565] 505,188] +04} +13] +07} 507,910] 507,610} 300.074] 469,083} +83
Manufacturing industries
without defense capital goods . 405,501} 405,760] 399,080] -0.1] = +1.7] — +1.1 | 401,687] 403,765] 395,544] 368,328] +9.1
Durable goods industries 488,476 | 487,003] 480,927) +03} +13 +0.7] 483,830] 483,839} 475,665] 445,519]  +8.6
Stone, clay, and glass products 6,452] 6,489] 6,581 06] -14] 43.8] 6,224] 6317] 6,719} 6,846] 9.
Primary metals 30225] 30,928] 31,567] 23 20 -05] 28,456] 29,286) 30147| 27328] +41
Blast furnaces, steel mills 12.496] 12,776] 12,924] -2.2 Li] +02] 11,659] 12,006} 12,331} 11,256] +3.6
Iron and steel foundries 4,199 4,192 4,338 +02 34 0.2 4,052 4,088 4,235 3,660] = +10.7
Nonferrous and other primary
metals 13,530] 13,960] 14,305 3.1 24 a2] 12,745} 13,192] 13,581] 12,412] 42.7
Fabricated metal products 23,410] 23324| 22.983] +04] +15] +18] 22,940) 23,172] 23,141] 21,321] +76
Industrial machinery and cauipment 72.531) 72,713) 72,807 03 0.1 03] 73328) 72,711] 71.680] 71,899] +2.0
Engines and turbines : 1300] iniss} 10.951] +13] +19] ON] 11,882] 11,553] 11,144] 1686] +17
Construction, mining and
material handling equipment . . . 9,060 9,043 9,433 +02 4.4 +0.5 8,906 8,854 9,133 8,524 445
Metalworking machinery see 8904] 9,175] 9,198] 3.0) 0.3] +0. 8.904] 9,175] 9,198] 8885] 40.2
Computer and office equipment . 9993} 10,138] 9,958] -14}) +18] -2.3] 10,583] 10,519} 9,826] 10,781 -18
Electronic and other
electrical equipment $2,767] 52,829] 49,213 Ol} 473 clit} 52,343] 53,534] 47,792] $0,434] 43.8
Electrical transmission and
distribution equipment and
industrial apparatus... .. 6418} 6310] 6,275] +1.7} 40.6] = -0.6| 6,403] 6,308] = 6,208} 6,206} +32
Electric lighting and
wiring equipment . . 4332) 4395] 4,328] 14] +15 12] 4332] 4395} 4.328] 3,817] +13.5
Communications equipment 15.417} 15.448] 14,120] -02] +94] -47] 15,392] 15,482] 14,118] 14,942] +30
Electronic components 22/530} 22626] 20.432] -04) +10.7) +12] 22,215] 23,331] 19,142} 21,752] 42.1
Transportation equipment . 249.238 | 246,501] 243,660) +11] +12] — +1.6] 247,270] 244,623] 242,293] 213,502] +158
Aircraft, missiles,
space vehicles, and parts... . - 219,428 | 217,081] 213,459] +1. +18] 217,741] 215,393] 212,143 | 183,419] +18.7
Shipbuilding and tanks : 16,867] 16,373] 16,782} +3.0 19] 16821} 16,403] 16,761) 17,084] -1.S
Instruments and related products . . . 46351] 46,433] 46,636] -0.2 sll} 46,105] 46,341] 46,263] 46,934] +18
Search and navigation equipment 28,025] 27,965} 27,995 +0.2 0.8} 27,686} 27,659] 27,735] 28,539 3.0
Measuring and controlling devices . 9,615 9,670 9,587 0.6 3.2 9,615 9,670 9,587] — 10,080 4.6
Medical instruments and supplies 1,738 7,843 8,135 “13 +10 1,877 8,042 8,010 7,562 +42
All other durable goods .......... 7502] 7.786] 7.480} -3.6 +13 7,164) 7,855 7,630| 7,255 “13
Nondurable goods industries .... .. 25,299| 24,562] 24,261) +30) +12] +10] 24,080] 23,771} 24,409] 23,564) +2.2

» Preliminary. ' Revised.

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


we

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
Nov.] Oct. | Sept. } Oct- } Sept-] Aug-| Nov.} Oct. Sept.] Nov. } Nov.
1996} 1996'] 1996] Nov. | Oct.] Sept.} 19967] 1996'] 1996] 1995 | 96/95 | 19967 | 1995
All manufacturing industries 320,490] 321,887] 318.515] -0.4) +11] +2.6 319,661 331,619] 333,522] 301.234] — +6.1]3,441,510]3.273,764
Manufacturing industries
with unfilled orders 177,231 178,812] 176.759] 0.9} +1.2} +4. 177.430} 183,051] 185,600] 169,372] +4.8] 1,909,505 1,814,469
without defense capital goods 311,875] 316,518] 313,266] 1.5] +1.) +2.5] 310.927] 326,759] 327,949] 296,565} +4.8| 3,373,675 [3,215,276
Durable goods industries 172,319} 174,900] 173,811} 1.5] +0.6]  +4.3] 171,730] 180,960] 181,983] 161,978] — +6.0] 1,858,291 ]1,752,819
With unfilled orders 140,596] 142,909] 140.638] 1.6] +1. +4.9] 140.123] 146,662] 147,857] 132.398] +5.8] 1.512.726]1.419,695
Stone, clay, and glass products 7044} 7,065] 7.137] -0.3]  -1.of +53. 7,022] 7.415] 7.613] 6.475] +8.4] ” 76,188] 70.057
Primary metals . 14,388] 14,330] 14,619] +04 -2. 3.7) 14,091} 14,494] 14,179} 15,191 -7.2) 165,014] 169,200
Blast furnaces, steel mills 5,841] 6,023] 6.220] 3.0] -3.2| 0.4] 5,633] 6,068] 5,920] 6,346] -11.2] 68,070] 70.508
Iron and ste! foundries 1.407] 1,269} 1.431] +109] 11.3) -6.2) 1,343) 1.357) 1.459] 1,248] +7.9] 16,002) 14,277
Nonferrous and other primary
metals... 7.140] 7,038] 6,968} +14] +10) -5.91 7.115] 7,069] 6,800] 7,600) 6.4] 80,942] 84.415
Fabricated metal products. 17,941] 18,024] 18,198} -0.5] -1.of +16] 17.518] 18,705] 18,920] 16,252] +7.8] 194.224] 183,407
Industrial machinery and equipment | 31.860] 31,839 32,301] +0.1]  -1.4)  -0.2|. 31.520] 31,965] 35,054) 30.970] +1.8] 348,101} 326,060
Engines and turbines 1,843] 1,885} 1,662] -2.2| +134] +2.7} 1.969] 1.930} 2.284] 2.281] -13.7] 18.602] 19,472
Construction, mining and
material handling equipment 3,741] 3,298] 3,732] +13.4] -11.6] +0.7] 3,590] 3,392] 3,844] 3,349] +72] 39,716] 37,628
Metalworking machinery 3,086] 3.231] 3,199] -4.5{ +1.0f 1.5] 3.445] 3,483] 3,563] 2,892] +19.1] 35,162] 33,501
Computer and office equipment 8551] 8848] 8.797] 3.4] +06) -2.4] 8.551] 8,338] 10.755] 8.590] -0.5] 93,114] 83,001
Electronic and other
electrical equipment 28,362] 31,216] 26,640] -9.1] +172] +0.2} 28,427} 33,561] 27,716] 25,296] +12.4] 296,919] 279,427
Electrical transmission and
distribution equipment and
industrial apparatus 3,455) 3,268} 3,154] +5.7) +3. +24) 3,351 3,207] 3,447) 2,860} +172 34,889 33,917
Electric lighting and
wiring equipment ............} 2,012] 2,098] 2,003) -4.1] +4.7} -5.8} 2,126] 2,079] 2,182] 1,974] +77] 22,580] 21,585
Communications equipment 6571} 7,572) 5.551] 13.2] +364, -1.2] 6,702} 7.282) 6334] 5.527] +213] 64.810] 57,408
7 Electronic components . 10,943} 12,995} 10,687] -15.8] +216) +34) 10,177] 14,937} 10,011 9,392) +84) 115,758] 111,871
Transportation equipment 42,073) 41,596] 44,637] +1.1]  -6.81 +19.0] 42,695] 42,702) 45.989] 39,105] +9.2] 448,841] 409,729
Aircraft, missiles,
space vehicles, and parts... 11,488] 12,180] 12,956] -5.7] -6.0 +84.8] 11,556] 11,380] 13,305] 9,998] +15.6} 117,845] 91,017
Shipbuilding and tanks. . 1278] 330) 534]-+287.3] 38.2} -5.3) 1.152) 338) 553} 489] +1356] 8,759) 6,423
Instruments and related products ....] 12.738] 12,448] 12,024] +23] 43.5] -0.2] 12.757] 12.387] 13,096] 12,173] +4.8] 134.797] 128.657
Search and navigation equipment 2,653] 2.493] 2,194] +64] +136 +9.51 2.718] 2.283) 2.541] 2.238] +214] 25,330] 24,297
Measuring and controlling devices 3,796 3,912) 3.457] 3.0 +132) -6.9} 3,784] 3,802] 3,746] 3.821] -1.0] 40.781] 40.687
Medical instruments and supplies 3.991] 3,784] 4.242] +55) -10.8| +24] 3.878) 3.915] 4.488] 3,678] +54] 43,802] 39,765
All other durable goods 17.913] 18,382) 18.255] -2.6| +0.7] +2.3) 17,700] 19,731] 19,416] 16.516]  +7.2} 194,207] 186,282
Nondurable goods industries . 148,171] 146,987] 144,704] +08} +1.6]  +0.3] 147.931} 150,659] 151,539] 139,256] — +6.2] 1,583,219]1,520,945
With unfilled orders... . 36,635] 35,903} 36.121] +20] -0.6|  +0.5] 37,307] 36,389] 37,743] 36,974] +0.9] 396,779] 394,774

? Preliminary. ‘ Revised.
* Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.

(n) When new orders for a prior month are negative because of cancellations, the percentage change calculation is algebraically negative, even though there is a net dollar
increase from the prior month to the current month.

Note : Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision, One major component of survey error is nonsampling error,
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Further
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(95).
"Manufacturers’ Shipments, Inventories, and Orders: 1982-1995."


(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted!

Monthly Percent Change Monthly Percent Year to date
Industry change
Nov Oct. | Sept. | Oct- | Sept- Nov.| Oct. | Sept} Nov. | Nov
1996" | 1996'} 1996 | Nov. } Oct 1996] 1996] 1996] 1995} 96/95 | 1996" | 1995
All manufacturing industries 318,280] 315,310} 315,160] +0.9}  +0.1] 40.7} 319,361] 324,083) 335,330] 301,531) — +5.9/ 3,408,075 ]3,268,988
Manufacturing Industries
with unfilled orders 175,021] 172,435] 173,404] +1.5]  -0.6] — +0.6 177,130] 175,515] 187,408] 169.669] +4.4] 1,876,070
without defense capital goods 312,134] 309,838] 309.074] +0.7]  +0.2] +0.7] 313,005] 318,538] 328,701] 295,647] — +5.9] 3,343,352
Durable goods industries 170,846] 168.824} 170,705] +12] -L.tf +13] 171,739] 172,786] 183,299] 162,097] +5.9] 1,826,176 1,747,031
With unfilled orders 139,123] 136,833 +17] -0.5]  +0.9) 140.132] 138,488] 149,173] 132 45.7 1,480,611 |1.413,907
Stone, clay, and glass products 7.081) 7,157 iif +38) -0.1) 7.115] 7,817] 7,480) 6511] +93] 76,726] 69,860
Primary metals 15,091] 14,969] 40.8] +13) -03) 14.921] 15355 14,893] +0.2] 164,833
Blast furnaces, steel mills 6.121] 6,171 -0.8] 0.5] +0.6f 5.980] 6,393 6.095] -1.9} 68,089] 69.911
iron and steel foundries 1400] 1,415 laf -16f +03) 1.379] 1,504 48.8 . 14,300
Nonferrous and other primary
metals 7,383 7,137] #25] +34] -1s) 7,862] 7,458] 7.345] 7,531] +04 86,388
Fabricated metal products 17.683} 17,790] +10] -0.6  -0.1] 17,750] 18,674] 18.720] 16.445] +7.9 183,168
Industrial machinery and equipment 31,933) 32,526} +0.3] -1.8] +1.5] 30,903] 30,934] 35,774} 29.463] +4.9 319,774
Engines and turbines esl] 1 +10] 40s} +24) Lego] 1,521} 2.081] 1,679} -2.3 18,910
Farm and garden machinery 1925} 2,001] +3.3]  -3.8f 42.5) 1,636] 1,827} 1,794) 1.454) +12. 19.351
Construction, mining and
material handling equipment 3,688] 3,684] +1.0) +01] +21] 3,538} 3,671} 3,678) 3,263 +84 36,289
Metalworking machinery 3.254] 3,191] +3.) +20) -0.4) 3.716] 3,506} 3,555] 3,320] +119 33,107
Computer and office equipment 8.668] 9.036] +03} -4.1] +07] 8.487] 7.645] 11446} 8.198] 73.5 82.248
Electronic and other
electrical equipment 28,4241 27,600 27,190} +3.0} +1.sf 42.11 29.618} 27,819] 30,264) 27,201] +89] 293,561} 271.628
Electrical transmission and
distribution equipment and
industrial apparatus 3.347| 3,233] 3,189] +3.5] #14) +11] 3.286] 3.107] 3,592] 2,970) +9.6) 34,347
Household appliances 2.042) 2.050] 1.991] 0.4] +3.0)  -0.4] 1,999] 2.052] 2.115] 1,962] +19] 22.430
Electric fighting and
wiring equipment 2.075] 2,031] 2,054) 42.2) 1a} -0.4) 2.189} 2,012] 2.233] 2.087] +64) 22,178
Household audio and
video equipment 1,269} 1,276] -05] 34) 0.0] 1.612) 1,768) 1,635] 1,630) 1 14,037
Communications equipment 6,602} 6,244 45.7] -0.1] 43.7] 6792] 5.918) 7,016] 5,567 2 63,922
Electronic components 11,039] 10,801 42.2] 43.5] +39) 11,293] 10,748) 11,530} 10,703) +5.5} 114.334
Transportation equipment 39,336] 38.755] +15] -S1] +26] 40,048] 40.372] 42,640] 38.211] 44.8) 422,732
Motor vehicles and parts 27.373] 27.469) -03] 3.8] +18) 28.118] 29.463] 29,487 299,997| 290.753
Aircraft, missiles,
space vehicles, and parts. 9141] 8558 +68] -3.8) +04] 9,208] 8,130] 9,788 91,158] 91,730
Shipbuilding and tanks 784 739 +61) -143] +143) 734) 696} 920) 8.925] 9,130
Instruments and related products 12,820} 12.651 +13] +08} 0.7] 12,993] 12,309} 13,545 136,841] 131,643
Search and navigation equipment 2.593] 2523 +28] +43) -4.6) 2,691] 2,359} 2,649) 27.437) 27,794
Measuring and controlling devices 3,851] 3,829) +06] +13) -Le] 3.839] 3,719} 4,067] 41,270] 39,855
Medical instruments and supplies 4,096) 4,076) +05] -2.0) 43.2) 4,043] 3,883) 4,465: 43.426] 40.144
Photographic goods 1,859) 1,815) +24] +06) -2.7] 1,998] 1,944] 1,955 20,509] 20.094
All other durable goods 18,197] 18,076 +0.7] -0.3] +19] 18391] 19,506] 19,659 193,541] 185,987
Nondurable goods industries 147,434] 146,686 +03] +13] +0.1] 147,622] 151,297] 152,031 1,381,899 11,521,987
With unfilled orders 35,898| 35,602 +08} -0.8)  -0.4] 36,998] 37,027] 38,235] 395,459] 395,786
Food and kindred products 39,529] +0.7} +2.4)  -11] 40,530) 41,248] 40,977 425,391] 403,091
Meat products. . 9,084) +21] +25) -4.0) 9.344) 9,423 93,819
Dairy products 5,042 0.1] +05} +0.1) 5.213] 5,006
Beverages . . . 5,709] 5,651] +26 +10) +03 5,551 38,548
All other foods, except fats and oils 17,567] 16,998] -0.7) +33) -L.0) 19,141 180,840
Tobacco products 2.888] 2.827) -3.8) +22) -1.4] 2.920] 29,193
Textile mill products 6.434] 6.494) 0.0) 0.9] +10 6,738 73,031
Broadwoven fabrics and
other textiles 3,926] 3,913} 3.972) 40.3] -1.5] +06] 3,883] 3,944] 4.420] 3,896] -0.3{ 43,500] 44,701
Paper and allied products 13,180] 13,253} 13,237] -06] +01 -0.1} 13,058] 13,491] 13,667) 14,104) -7.4| 148,448] 158,280
Pulp, paper, and
paperboard mill products 5,173] 5,303] 5,336] -2.4] 0.6, 40.9 5,165 5,477] 6,134] -15.8] 59.808] 69,908
Paperboard containers and boxes 3.423] 3.413] 3,431] +0.3[ 0.5) +13) 3,334 3.513{ 3.497| 4.7] 38,280] 40,427
Miscellaneous converted
paper products 4582) 4,537] 4,470) +10) +15) -2.1 4,677] 4,473| +19] 50,360) 47,945
‘Chemicals and allied products 31,758] 32,039] 31.487] 0.9] +18) +04) 31,549] 32,498] 28.749] #5.7] 341,498] 329,656
Industrial chemicals 15.497] 15,546] 15,423] -03] +08] -0.7 15319] 15,651] 14.714] +1.8] 169.413] 172,591
Drugs, soaps, and toiletries 11,966} 12.143] 11,833] -L5} +26) +264 12,569] 13,197] 10,833] +98] 126,461] 115,282
Petroleum and coal products 16,715} 16,641] 15,814] +04) 45.2) +43 16,920] 16.243] 12,802| +29.3] 167,478] 141.287
Rubber and plastics products 11,970] 11,832] 11,794] 41.2} +03) -0.6 12.215] 12.285] 11,430] +0.5] 131,329] 132,805
All other nondurable goods 24,791] 24,070] 24.182] +3.0] -0.5| -0.9) 26.216] 26.380] 24,599] +64] 265,824) 254.614

7 Preliminary. Revised

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

See note at end of table 2 relating to survey variability