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

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Dec. Nov. Oct.] Nov} Oct=] Sept Dec. Nov. Oct. Dec.] Dec.
1999" 199° 1999] Dec.|  Nov.] Oct. 1999" 199° 1999 1998] 99/98
All manufacturing industries... . . 470,951] 469,836) 467,522] +02) +05] +04] 460,856] 470,921] 468,752] 456330] +1.0
Manufacturing industries
with unfilled orders 311,052 | 310,756] 309,267] +0.1] +05] 40.1] 302,157] 310,748] 309,363] 303,508 0.4
without defense capital goods. 451,772) 451,296] 449,078) +0.1] +05) +05] 442,196] 452,528] 450,164] 437311] +11
Durable goods industries. 295,323] 294,970] 293,448] +0.1] +05} +0.2} 287,557] 295,759] 293,439] 287,415 0.0
With unfilled orders ++ | 270,056] 269,892] 268,575] +0.1) +05] +01] 262,485] 270.449 263,500 0.4
Stone, clay, and glass products . . . 9,899} 9824} 9.854] 40.8 03] +13] 9708] 9.515 9103] +66
Primary metals... . - 24,231] 24,091] 23,884] 40.6} «= 40.9] = +1.0] 24436] 241078 24,797 +15
Blast furnaces, steel mills 11,505) 114t4] 11325] +08] 408] +07] 11-708] 11°s28 123319 42
Iron and steel foundries 1,618 1,620 1,578 0.1 42.7 40.1 1,581 1,574 1541 +2.6
Nonferrous and other primary
metals... 11,108) 11,057] 10,981] +05] 40.7] 41.4] 11,057] 10.976] 10,902] 10,937] +1.
Fabricated metal products «| 31,536] 31,378] 31,3597 40.5} 40.1] = 40.6] 30,990] 31,084] 31.094] 30278] 42.4
Industrial machinery and equipment 60,791 60,495] 59,936 +0.5 +0.9 03 58,676] 61,012 59,787 58,415 +04
Engines and turbines... . , : 4,705 4649] 4,565, +12] +18) 42.7] 43g] 4'86r 4,674 3,583] +205
Farm and garde rrachinery 3,851 3715} 3,670) +3.7/ 4127 41S] 4089] 3786] 3.479.062] 40.7
Construction, mi
material handling equipment 8,973 8,917 8,868 +0.6 +0.6 40.2 8,779 8,906 8,769 8,826 0.5
Metalworking machinery ..... 8,005] 8,023] 119] 02 12] 40.2) 7502 7,903 8,217 7443] +08
Computer and office equipment 9116] 8888] 8,623] 42.6] 43.1 “6.1 8,403] 9,050] 8,578 8343) +07
Electronic and other
electrical equipment ....... 43,694] 42,665) 42,091} +24] +14] +14] 42,074] 42,613] 42,241] 38,377] 49.6.
Electrical transmission and
distribution equipment and
industrial apparatus . 5,423 5,371 5,325 +1.0 +0.9 +0.6 5,360 5,447 3,349 5,421 “Ld
Household appliances 2,502] 2,436) 2,412] 42.71 +10} 40.8] = 2.260] 2362 2,359 2163] +45
Electric lighting and
wiring equipment ............ 3,766] 3,752] 3,763] 40.4 03] +19] 3,566] 3,796 3,843 3274] +89
Household audio and
video equipment 11St 1,123 Losi} 425] 43.9] +14 1,081 UL 1,107 952] +136
Communications equipmen 12,212) 11,668] 11,168] 4.7] 445] 423] 11,632] 111743] 11222] 9,420] 423.5
Electronic components 14,930] 14,634] 14691} +2.0 04) +09] 14,627] 14,564] 14,723] 13,674] 47.0
Transportation equipment . . 68,912} 70,417] 70,411 2.1 0.0 -05| 66,659] 71,334] 70.908] 73,157 89
Motor vehicles and parts . 18,061] 17,916] 17,638) +08] +16) +13] 17,566] 18,045] 17559] 16893]  +4.0
Aircraft, missiles,
space vehicles, and parts. . . 45,006] 46,143} 46,499 25 -08 -16] 43,406] 46,990] 47,129] 50,776] «14.5
Shipbuilding and tanks . 2,326] 2,277] 2,232] #221 42.0] 40.9] 2297] 2228 2,169 1920} +196
Instruments and related products . 27,107} 27,062} 27,058] +02 0.0 0.1] 26,234] 27,141} 27,197] 25,683] 42.1
Search and navigation equipment 6,924] 6989] 6984 09! 40.1) +02) 6,687 6.950] 6.960] 6391] +46
Measuring and controlling devices . 8,188 8,166 8,195 +03 -0.4 -0.4 7,976 8,160 8,183 7,855 +15
Medical instruments and Supplies = 8,930 8,834 8,779 +11 +0.6 0.4 8,699 8,939 8,870 8,244 +5.5
Photographic goods . 2,347 2,346 2,359 0.0 0.6 +12 2,162 2,361 2,442 2,454 “HW
All other durable goods 29,153] 29,038} 28,855] 40.4] +06) + +0.1| + 28,780] 28982] 2wo11] 27,605] +43,
Nondurable goods industries 175,628) 174,866] 174,074] +04] 40.5] 40.8] 173,299] 175,162] 175,313] 168,915] +26
With unfilled orders. . 40,996 | 40,864) 40,602) +03) +04) 40.24 39,672| 40,299] 40,495] 40.008 08
Food and kindred Products 39,060} 38,797} 38,769] 40.7] 40.1] +1.7] 39,294] 40353] 40.938] 37488] +48
Meat products. 4492| 4,481 4484] +02 Ol] 424) 4227] 4,442 4487| 3.837} +102
Dairy products 3,869} 3,879} 3.937 03 “US| +12] 34632) 3,747 3,943 3,527] +30
Beverages . 8,976) 8,696] 8654] +3.2) 40.5] 406] 8.889] 8.826 8,875 8270] +75
All other foods, except ‘fats and oils 20,116 | 20,104) 20,003) 0.1) +05) +18] 20,902] 21580] 21.821] 19943] +48
Tobacco products : 5,078 5,075 5.1 +011 -17 -03 3,493] 5304 5,366 6.297] 12.8
Textile mill products . . . 10,154] 10,101] 10071] 40.5) 403 04] 9,741 9,863 9,900 9,756 0.2
Broadwoven fabrics and
other textiles... 6135] 6113] 6,090] +0.7] 40.4 04 5,967] 6,031 5,992 6,134 27
Paper and allied products 16,059] 16,137] 16,125 03} +01 00} 15,949] 15,958] 15,889] 16,254 19
Pulp, paper, and
paperboard mill products 6,333 6,268 6,299 +10 0.5 0.4 6,299 6,206 6,214 6,680 “5.7
Paperboard containers and boxes . . 4,153 4,235 4.243 -19 02) 415] 4164] 43169] 4,164 4070] +23
Miscellaneous converted
paper products . 5,573 5,634 5,583 “lif +09 08) 5,486] 5,583 3,511 5,504 +03
Chemicals and allied products 47,697} 47,421] 46,903] +06] +11} = 40.8] 47,169] 47,148] 46.352] 45;696] 43.2
Industrial chemicals 19,587] 19,515] 19,261) +04] +13] 404] 19.760] 19/336] 18977] 19.910 -08
Drugs, soaps, and toiletries . 22,138) 21,961) 21,754) +08} +10] #11} 21,432] 21,975] 21.707] 20,000] +72.
Petroleum and coal products . 12,187} 12,174] 12,052 +0.1 +10 +14] 11,714, 12,399 12,284 9,863} +18.8
Rubber and plastics products 17,830] 17,769} 17,714) 40.3] 40.3] 41.3] 17,708] 17,532] 17389] 16597] 46.7
All other nondurable goods 27,563 | 27,392) 27.276] +06] +04 0.0] 26,231} 26,605] 27,195] 26,964 27

* Preliminary. ‘ Revised

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


10

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

380

360 F

340 b--- - - --- ----- - pe rd

320L------------ ee eed

B00 K---------- rr rrr rrr rrr

280 bat 1 L L L i n n n 1 n 1

New Orders

Shipments || | 2 - - - -------------------- ee aoe

Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec
Dec. 1997 - Dec. 1999

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

380

360

340

320

300

280

V/S Ratios UO/S Ratios
2.5 3.7
2.4 3.6
2.3 3.5
2.2 3.4
2.1 3.3
2 3.2
1.9 3.1
1.8 3
1.7 2.9
1.6 2.8
1.5 2.7
1.4 2.6
1.3 2.5
1.2 1 1 1 1 L L 1 1 i 1 1 L i 2.4

Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec
Dec. 1997- Dec. 1999

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDE

FOR TOPICAL SERIES!
(Millions of dollars)

‘RS AND TOTAL INVENTORIES

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Dec. Nov. Oct, | Nov. | Oct- | Sept Dec, Nov. Oct. Dec. | Dec.
1999" 1999" 1999 | Dec. | Nov. Oct. 199° 1999" 1999 1998 | 99/08
UNFILLED ORDERS
All manufacturing industries 537,012 | 526,604 | 525,963 | +20] +01 | 40.1 | 531,171 | 522,083 } 524,929 | 512,986 43.5
Market categories :
Automotive equipment... . 2488 | 2482 | 2549 | +02] 26] +18] 2435] 2309] 2517 | 240s +12
Home goods and apparel 9312 | 9338 | 9300 03) +04 | +23 | 8.646 | 9,066 | 9306 | 8311 +4.0
Consumer staples . . : 3,161 3,055 | 2.958 | 435} +33] 434] 3,093 | 2998] 2064 | 2262 | 4367
Machinery and equipment . 239,415 | 234,417 | 235,032 | +211 0.3] -0.2 | 238,432 | 234,063 | 234'569 | 240,571 -0.9
Business supplies : 7,420 | 7,381 TT | 405) +097 +101 7150} 7215 | © 7200 |” 632 +96
Construction materials
and supplies. . 17,573 | 17,608 | 17,668 02} 03 | +05} 17,294 | 17,295 | 17,453 | 17241 +03
Defense products . sees 88,599 | 86.892 | 87911 | 420] 12] +14 | 88900} 85210] seaii | 90916 -22
Other materials, supplies and
and intermediate products 169,044 | 165,431 | 163,228 | 42.2] 413 | 04 | 165,221 | 163,837 | 164,509 | 144,259 | 4141
Durable goods industries :
Nondefense capital goods * 256,118 | 250,973 | 251,826 | +21]  -03 0.0 | 255,762 | 251,184 | 251,630 | 257,082 0.5
Excluding aircraft and parts. 115,842 | 112,658 | TIL,9I1 42.8 40.7 +0.5 | 115,486 | 112,869 | 111,715 | 106;577 48.4
Defense capital goods* 2... 93,315 | 91,444 | 92/510 42.0 12 +12 | 93,464 | 89,503 | 90,887 | 95.713 2.3
Durables excluding capital goods 161,755 | 158431 | 156143 | 421 +15 | 06 | 156,958 | 156226 | 157462 | 137243 | sia
Miscellaneous series :
Producers’ durable equipment . . 277,126 | 272.411 | 273,181 | +17 03 | -04 | 275,367 | 271,643 | 272,942 | 270,504 “15
Household durable goods : 5,871 5,766 | 5,781 | +18] -03 | +40 468 | 5,687 | 5.975 | Slot 45.9
Information technology industries. 45,389 | 41,674 | 41,149 48.9 +13 +0. 45,244 | 41,788 | 41,203 39,116 415.7
Health care equipment
and products... .... 10,154 | 9,836 | 9,733 | 43.2 7 +t “0.1 | 10,153 | 9,862 | 9,907 | 9,625 45.5
TOTAL INVENTORIES
All manufacturing industries 470,951 | 469,836 | 467,522 +0.2 40.5 +0.4 | 460,856 | 470,921 | 468,752 | 456,330 +1.0
Market categories :
Automotive equipment 8,909 | 8944 | 8,903 04] +05] +19] 8,493] 8,950] 8.837 | 8,265 +28
Home goods and apparel 31,772 | 31,665 | 31539 | +403] +04] 02 | 30422 | oes | 314132 | 30g “13
Consumer staples . . : 76,509 | 76,051 | 75,785 | +06] +04] +12 | 75941 | 77703 | 77!973 | 72°343 45.0
Machinery and equipment 115,660 | 117,040 | 116218 12] +0.7 | +01 | 111,047 | 118/512 | 116:538 | 113'597
Business supplies . 28,556 | 28,514 | 28,352 | 40.1] +06] -o.1 | 27637 | 28'441 | 2eaes | 27230
Construction materials
and supplies. . 30.590 | 30,290 | 30,109 | +10] +06] +12} 30,026 | 30016 | 29,885 | 28,125 +68
Defense products : 18,677 18,159 18,116 42.9 40.2 19 18,221 18,012 18,246 18,604 21
Other materials, supplies and
and intermediate products . . 160,278 | 159,173 | 158,500 | +07] +04 | +05 | 159,069 | 158,669 | 157.036 | 137346 +11
Durable goods industries :
Nondefense capital goods * 106,518 | 108,074 | 107,299 “14 } +07 | -0.2 | 102,097 | 109,521 | 107,775 | 106,039 237
Excluding aircraft and parts. . 74096 | 73.804 | 72,693 | 403] +1.7 | +03 | 70,856 | 74403 | 72'720 | 67978 +42
Defense capital goods * ....... 19,179 | 18540 | 18,444 | 434] 405 | 22 | 18,660 | 18393 | 18'see | 19/019 -19
Durables excluding capital goods 169,626 | 168,356 | 167,705 +0.8 +0.4 +0.7 | 166,800 | 167,845 | 167,076 | 162,357 42.7
Miscellaneous series :
Producers’ durable equipment . . 190,518 | 191,490 | 190,226 05 | +0.7 | +02 | 184,231 | 192,643 | 190,293 | 184,320 0.0
Household durable goods : 46.622 | 16,501 | 16,359 | 40.7} +09] +404} 15,923 | 16220] 16284 | 15/683 +15
Information technology industries 34,755 | 33,984 | 33.243 +23 42.2 08 | 32,911 34,176 | 33,286 | 30,317 48.6
Health care equipment
and products 20,915 | 20,724 | 20,559 | +09] +08} +04} 20,307 | 20,836 | 20,623 | 19,082 +64

See footnotes at end of table 5.

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


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

Dec. Nov. Oct. | Nov.- | Oct-] Sept Dec. Nov. Oct. Dec. Dec.
1999° 1999" 1999] Dec. | Nov.}] Oct. 1999" 1999" 1999 1998] 99/98 1999" 1998

SHIPMENTS
All manufacturing industries . | 367,353] 364,971] 360,201] +0.7] +1.3]  +0.4] 365,470 364,779) 369,691} 342,295] +6.8 | 4,259,076 |4,052,248
Market categories :
Automotive equipment ...... 16,786| 16,403] 16,092] +23] +1.9} -3.0] 14,886] 16,753] 17,940] 13,775] +8.1| 195,451} 174,876
Home goods and apparel .......} 20,397] 20,223] 20,070] +0.9] +08] +1.8| 18,324] 20,887} 21,987] 17,296] +5.9) 239,497} 226,968
Consumer staples .............| 77,320] 77,015) 76,119} +04] +1.2) +0.7) 77,237) 77,970] 78,185) 71,044] +8.7/ 887,435) 830,771
Machinery and equipment . . . . 69,516] 68,160] 68,807] +2.0} -0.9] +1.3] 77,479] 66,393] 68,189] 74,549} +3.9] 816,768) 776,424

Business supplie wees 27,552] 27,521] 26,995] +0.1] +19) +0.4] 27,276] 28,082] 27,723) 25,402) +7.4] 319,309} 305,988
Construction materials

and supplies veveeess[ 23,795] 23,637] 23,253] +07] +1.7]  -0.5] 22,065] 23,100} 24,243} 20,657) +6.8] 277,271) 260,244
Defense products ............- 6,660 7,468] 6,822) -10.8) +9.5)  +1.5) 7,470} 7,980} 6,741 7,720) 3.2 82,077] 83,246
Other materials, supplies and

and intermediate products ...... | 125,327] 124,544] 122,043] +0.6)  +2.0f  +0.1] 120,733] 123,614] 124,683] 111,852] +7.9] 1,441,268 ]1,393,731
Durable goods industries :
Nondefense capital goods * ... . . 56,386] 55,238] 56,295] +2.1| 1.9] +2.6] 66,365} 53,289] 53,981] 63,431] +4.6| 659,952] 624,534
Excluding aircraft and parts... | 48,045] 47,911] 48,329} +03] -0.9] +2.0} 55,993) 46,014] 46,414) 52,789] +6.1] 561,196] 528.855
Defense capital goods‘ ........ 6.418] 7.156] 6,569] -10.3) +89] +181 7,387] 7,733] 6,531] 7,586| -2.6] 79,258) 79,672

Durables excluding capital goods 142,948) 142,036] 139,442 +06] +19] -0.8} 135,221 142855 146,349] 127,263) +63 1,668,017 1,571,781

Miscellaneous series :

Producers’ durable equipment .... | 133,709] 131,947] 131,211] +13] +0.2] +0.6| 137,599] 130,972] 134,668] 131,736] +4.5| 1,569,789 ]1,476,942
Household durable goods ....... 10,786] 10.776] 10.521] +01] +24] +24 10,469| 11,262] 11,143] 9,585] +9.2] 125,182] 112,406
Information technology industries . | 27,027] 28,050] 28,704] -3.6|  -2.3] +5.7| 34,190] 27,344] 26,684) 32,469} +5.3} 324,492) 298,064
Health care equipment

and products ......... ...{ 13,332] 13,432) 13,340] -0.7] +07] -0.2} 14,255] 13,185] 13,172) 13,884) +2.7) 156,995] 144,158
NEW ORDERS
All manufacturing industries... . . | 377,761) 365,612] 360,725] +33] +14) 0.0 374,558] 361,933] 373,387] 340,465) +10.0}4,277,210 |4,033,676
Market categories :

Automotive equipment .........| 16,792] 16,337] 16,136) +28] +1.2}  -2.6) 14,922] 16,634) 17,994] 13,832) +7.9) 195,481} 174,795
Home goods and apparel .......| 20,372] 20261} 20,281] +0.5] -0.1| +22} 17,904] 20,647) 22,171) 17,016} +5.2) 239,831] 226,721
Consumer staples .............{ 77,427) 77,112) 76,217] +04] +12) +0.9) 77,333) 78,004] 78,104) 71,046] +8.8] 888,266) 830.983
Machinery and equipment .. . . 74,513) 67,545| 68,364] +103)  -1.2| -1.5] 81,848] 65,887] 67,984) 71,377] +14.7) 814,621) 774,254

Business supplies .
Construction materi

and supplies
Defense products . i
Other materials, supplies and

27,592] 27,585} 27,064 0.0} +1.9]  +1.1] 27,212] 28,097) 27,580) 25,205 +8.0] 319,941] 306,077

23,760| 23,577] 23,350] +0.8) +1.0) +1.4| 22,064} 22,942) 24,164] 20,732] +6.4| 277,326] 259,859
8,368] 6,449] 7,992] +29.8] -19.3) +35.5] 11,160) 6,779} 8,383] 10,338) +8.0 80,062] 76,617

and intermediate products ...... 128,937] 126,746] 121,321] +1.7]  +4.5] — -2.0} 122,115] 122,943] 127,007] 110,919) +10.1] 1,461,682 ]1,384,370
Durable goods industries :
Nondefense capital goods * . . 1 61,531) 54,385] 56,291] +13.1] -3.4] +0. 70,943) 52,843] 54,441] 60,728] +16.8] 658,624] 620,400
Excluding aircraft and parts ....] 51,229] 48,658] 48,891] +5.3|  -0.5|  -0.2| 58,610] 47,168] 47,440] 53,903] +8.7) 570,097) 532,260

Defense capital goods* ..... 8,289} 6,090] 7,671] +36.1] -20.6] +39.9) 11,348 6,349} 8,038] 10,338) +9.8 77,009) 73,169
Durables excluding capital goods 146,272] 144,324] 138,480] +13] +4.2) — -3.0] 135,953] 141,619] 148,412] 125,856] +8.0| 1,687,687 1,566,124

Miscellaneous series :
Producers’ durable equipment . . .. | 138,424] 131,177] 130,626 +5.5]  +0.4) 1.5] 141,323] 129,673] 134,171) 127,794] +10.6] 1,565,601 }1,473,332
Household durable goods .......] 10,891] 10.761] 10,746] +12) +0.1] +4.1] 10,250] 10,974] 11,512] 9,336] +9.8| 125,489] 111,784
Information technology industries . | 30,742] 28,575] 28,739] +7.6| 0.6] +3.0) 37.646) 27,929] 26,722] 32,296] +16.6] 330,620) 299,210
Health care equipment
and products ..... 0.2... 6. 13,650} 13,535] 13,335] +0.8) +15] +0.9} 14,546] 13,140] 13,410] 13,621] +68] 157,523} 145,319

? Preliminary. * Revised

Topical series are regroupings of the separate industry categories.

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

* Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and mater
handling equipment, metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and serv

industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment, aircraft, missiles, space vehicles, and engir
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, tar
and tank components; and search and navigation equipment.

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


Table 8. RATIOS OF MANUFACTURERS’ INVENTORIES TO SHIPMENTS AND
UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP
(Based on seasonally adjusted data)

Inventory / Shipments ratio Unfilled Orders / Shipments ratio!
Industry Dec. Nov. Oct. Sept. Dec. Nov. Oct. Sept.
1999" 1999" 1999 1999 1999" 1999" 1999 1999
All manufacturing industries 1.28 129 130 1.30 258 254 237 258
Durable goods industries... . = 144 1.44 145 145 3.01 297 2.99 3.02
Stone, clay, and glass products . . 1.10 1.09 1 1.10 0.73 0.73 0.73 0.71
Primary metals . 1.55 135 157 135 2.04 2.08 2.13 2.10
Fabricated metal products. . 153 151 155 153 129 127 130 130
Industrial machinery and equipment - 158 135 152 159 221 218 244 224
Electronic and other
electrical equipment 121 1.20 121 118 2.39 2.25 2.19 214
Transportation equipment . . 138 146 1.48 146 833 8.58 8.78 8.77
Instruments and related products . 181 181 1.82 1.83 3.12 3.05 3.09 3.13
Nondurable goods industries ..... . 1.09 1.09 1.10 1.10 0.67 0.67 0.68 0.67
Food and kindred products - 0.92 0.92 0.92 091 (X) () (X) (X)
Tobacco products . 1.16 1.13 11S 121 (X) (X) (X) (X)
Textile mill products : 1.35 154 152 136 (NA) (NA) (NA) (NA)
Paper and allied products... . . 112 113 17 m7 (NA) (NA) (NA) (NA)
Chemicals and allied products 133 1,32 1.32 1.33 (X) (X) (X) (X)
Petroleum and coal products 0.71 0.73 0.77 0.76 (X) (X) (X) (X)
Rubber and plastics products 1.23 1.24 128 128 (X) (x) &) (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
Dec. Dec. Dec Dec
Dec? | 1998- Dec? | 1998- Dec? | 1998- Dec? | 1998-
Dec! | 1994-| Nov. | Dec.' | 1994-] Nov. | Dec.' | 1994-] Nov. | Dec! | 1994. | Nov.
1999 | __1998 | 1999 | 1999 | 1998] 1999 | 1999 | 1998] 1999} +1999 | 1998 | 1999
All manufacturing industries... . .. (x) 02 ol ) 03 02 (x) 01 1 (x) on 0.0
Durable goods industries... .......) 94 02 01 14 04 03 06 ol 0. (x) 0.1 0.0
Stone, clay, and glass products... . . &) 03 03 (0) ial 04 (X) 08 04 () 02 02
Primary metals... : 0.0 05 02 03 1 09 0. 03 04 (%) 0.2 o4
Fabricated metal products... . (X) 06 02 (X) 06 04 (0) 04 03 & 02 OL
Industrial machinery and equipment 60 04 04 10 04 03 07 ol Ol (X) 01 ol

Electronic and other

electrical equipment ........... 03 05 04 14 Ma 15 05 04 07 (Xx) 03 02
Transportation equipment . . . . : 07 05 0S 3.8 16 08 06 03 01 (X) 06 1
Instruments and related products . ° . ; ea) 04 05 & i 09 (x) 02 03 (X) 02 ou
Nondurable goods industries . (%) 02 01 (oa) 03 0. (0) 02 0.2 (x) 0.0 01
Food and Kindred products... .. . (x) 03 02 &) 0) & & & oa) & Ol 02
Tobacco products . . . () 0.0 01 (&) (x (X) (X) (X) (x) (x) 0.0 0.1
Textile mill products - & 08 03 | (NA) | (NA) OO] NA) | (NA) & 04 ou
Paper and allied products «222... (x) 03 02 (&)} aay | (vay & | wa] wa 0) 02 01
Chemicals and allied products... | &) 02 ol (X) (X) (x) & (X) (x) &) Ot Ol
Petroleum and coal products : &) 04 05 (x) x) (x) (%) (x) (X) (&) 08 04
Rubber and plastics products. &) 04 02 (X) (X) () (X) (X) (x) (x) On 02

Capital goods industries :
Nondefense ...... . 0.6 02 0.2 45 0.8 0.5 09 0.2 0.1 (xX) 0s 0.1
Defense 1.0 12 og] 16] 100 39 08 05 02 & 06 02

(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 error and revision.


CURRENT INDUSTRIAL REPORTS

oF,
fw
ey
U. S. Department of Commerce

Economics and Statistics Administration
BUREAU OF THE CENSUS

Manufacturers’ Shipments,
Inventories, and Orders

December 1999
M3-1-(99)-12
For Wire Transmissions 10:00 a.m. E.S.T. February 3, 2000

For Data - (301) 457-4673
For Questions - Frances Porter or Lee Wentela
(301) 457-4804 or (301) 457-4832

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in December
increased $12.1 billion or 3.3 percent to $377.8 billion, the
Department of Commerce, Bureau of the Census reported today.
This follows a 1.4 percent November increase and is the largest
increase since December 1992. Excluding transportation, new
orders increased 1.0 percent. New orders for 1999 are 6.0
percent above 1998.

Shipments increased $2.4 billion or 0.7 percent to $367.4
billion, following a 1.3 percent November increase. This is the
seventh increase in the last eight months. Shipments for 1999
are 5.1 percent above 1998.

Unfilled orders increased $10.4 billion or 2.0 percent to
$537.0 billion, following a 0.1 percent November increase. This
is the sixth consecutive increase and the largest since November
1997, The unfilled orders-to-shipments ratio was 2.58, up from
2.54 in November.

Inventories increased $1.1 billion or 0.2 percent to $471.0
billion, following a 0.5 percent November increase. This is the
fourth consecutive increase. The inventories-to-shipments ratio
was 1.28, down from 1.29 in November.

New Orders

New orders for manufactured durable goods in December
increased $11.3 billion or 5.5 percent to $216.1 billion, revised
from the previously published 4.1 percent increase. This follows
a 1.2 percent November increase and is the largest increase since
December 1992.

Transportation equipment had the largest increase, $9.0
billion or 20.0 percent to $53.9 billion; all component industries
increased, led by aircraft and parts. This is the largest increase
since November 1997. Electronic and other electrical equipment,
up six of the last seven months, increased $2.4 billion or 6.0
percent to $41.7 billion. Instruments and related products
increased $1.1 billion or 7.3 percent to $15.9 billion. This is the
largest increase since September 1998. Industrial machinery and
equipment, down six of the last eight months, decreased $1.3
billion or 3.2 percent to $38.1 billion.

New orders for nondurable goods, up seven of the last eight
months, increased $0.9 billion or 0.5 percent to $161.7 billion.
Petroleum and coal products had the largest increase.

Shipments

Shipments of durable goods in December increased $1.3
billion or 0.6 percent to $205.8 billion, revised from the
previously published 0.7 percent increase. This is the seventh
increase in the last eight months.

Transportation equipment had the largest increase, $1.6
billion or 3.4 percent to $50.0 billion; all component industries
increased, led by motor vehicles and parts. Electronic and other
electrical equipment increased $0.4 billion or 1.1 percent to
$36.0 billion. Industrial machinery and equipment, down four of
the last five months, decreased $0.6 billion or 1.6 percent to
$38.4 billion.

Shipments of nondurable goods increased $1.1 billion or
0.7 percent to $161.6 billion. This is the eighth consecutive
increase. Petroleum and coal products, up ten of the last eleven
months, increased $0.5 billion or 3.1 percent to $17.2 billion.

Unfilled Orders

Unfilled orders for durable goods in December increased
$10.3 billion or 3.1 percent to $511.2 billion, revised from the
previously published 1.5 percent increase. This is the sixth
consecutive monthly increase and the largest since November
1997. Electronic and other electrical equipment, up thirteen
consecutive months, had the largest increase, $5.7 billion or 7.1
percent to $85.9 billion. This is the largest increase since August
1997. Transportation equipment, up for the first time since
January, increased $3.9 billion or 1.8 percent to $225.8 billion.
Instruments and related products, up for the first time since May,
increased $0.9 billion or 2.1 percent to $46.6 billion, This is the
largest increase since July 1997. Industrial machinery and
equipment, down for the first time since June, decreased $0.4
billion or 0.4 percent to $80.9 billion.

Inventories

Inventories of durable goods in December increased $0.4
billion or 0.1 percent to $295.3 billion. This is the fourth
consecutive increase.

Electronic and other electrical equipment had the largest
increase, $1.0 billion or 2.4 percent to $43.7 billion. This is the
fourth consecutive increase and the largest since December 1983.
Industrial machinery and equipment, up four of the last five
months, increased 03 billion or 0.5 percent to $60.8 billion.
Transportation equipment, down four of the last five months,
decreased $1.5 billion or 2.1 percent to $68.9 billion.

Inventories of nondurable goods, up nine of the last ten
months, increased $0.8 billion or 0.4 percent to $175.6 billion.
Chemicals and allied products had the largest increase, $0.3
billion or 0.6 percent to $47.7 billion.

By stage of fabrication, December finished goods increased
0.7 percent in durables and 0.4 percent in nondurables. Work in
process decreased 1.5 percent in durables and 0.2 percent in
nondurables. Materials and supplies increased 1.5 percent in
durables and 0.8 percent in nondurables.

Our internet address is: http://www.census.gov/indicator/www/m3

‘The advance report on durable goods for January is scheduled for February 24, 2000 at 8:30 a.m. and the full report on March 3, 2000 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 ontine Economic Bulletin Board

(N-8-1) (202-482-3870).


Nondefense Capital Goods 1

New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
62

62

New Orders

42 1 L L L L L a 1 1 L 1 1 1
Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec

Dec. 1997-Dec. 1999

42

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
10

10

9 New Orders

Shipments

4
Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec
Dec. 1997 - Dec. 1999

Note: All Charts based on seasonally
adjusted current dollars.


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

(Millions of dollars)

‘Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Dec. Nov Oct. | Nov. | Oct- | Sept- Dee. Nov. Oct. Dec Dec.
1999" 1999" 1999 | Dec. | Nov. | Oct. 1999" 199° 1999 1998 | 99/98
MATERIALS AND SUPPLIES
All manufacturing industries 158,149 } 156,215 | 154,064 | +12] +14 -0.1 | 158,106 | 156,048 | 154,549 | 153,675 42.9
Durable goods industries. ....... 95,908 | 94,477 | 92,872 | +15] +17] 0.1 | 95,632 | 94,885 | 93,306 | 91,318 +47
Stone, clay, and glass Products : 3,302 3262 | 3,276 | +12] -04 | +02] 3,328 3262 | 3,277 3164 $5.2
Primary metals... . 7791 350 | 71441 | 432] +15 | +02) 8144 77M 7621 8152 “0.1
Fabricated metal products - | 10808 | 10675 | 10664 | +12) +01 -02 | 10,939 | 10,627 | 10,653 | 10,531 43.9
Industrial machinery and equipment | 20,998 | 20.633 | 19,879 | +18] +38 -13 | 20,498 | 20,729 | 19,792 | 19,267 +64
Electronic and other
electrical equipment . 17,512 | 16,979 | 16372 | 43.4] 43.7 | +10 | 17,228 | 17,005 | 16,469 | 15,239) +13.1
Transportation equipment . 15,073 | 15,191 | 15,244 08] 03 0.1 | 14941 | 15,110 | 15,129 | 14,954 “0.1
Instruments and related products - 9388 | 9208 | 9171 | +20) +04] +05 210 | 9,108 | 9,181 855 +4.0
Lumber, furniture and
miscellaneous durable goods . . . 11,036 | 10,979 | 10,825 | +05] +14 05 | 11,344] 11,333 11,184 | 11,156 +17
Nondurable goods industries ....... 62,241 | 61,738 | 61,192 |] +08] +09 | +01 | 62,474 | 61,163 | 61,243 | 62,357 +02
Food and kindred products . 11,608 | 11,408 | 11,257 | +18] +13 -Lo | 11,697 | 11;429 | 11/544 | 11,340 43.1
Tobacco products 4502 | 4,505 | 4,602 0.1 21) +03 3844] 4,513 | 4,680 "408 | -10.4
Textile mill products . 2,901 2/921 2.915 07 { +02] +01 2854 | 2,825 | 2,833 2:854 0.0
Paper and allied products 7736 | 7,782 | 7,757 06] +03 -0.6 | 7,802 7746 | 7,725 | 7,994 2.4
Chemicals and allied products 15.790 | 15:517 | 15339 | #18] +12 | 40.7 | 15,705 | 15,314] 15,220 | 15,612 +0.6
Petroleum and coal products 510 1643 | 3.553 37] 425 | +28 | 3,435 675 3/587 | 3,05 +126
Rubber and plastics products. . 7231 TAIT 7094 | +08 | +12 02 | 7320 | 7,122 | 7,042 | 6,930 +56
Apparel, printing and publishing
and leather goods . 8,963 8,785 8675 | +20] +13 -0.1 8.817 | 8539 | 8,612 | 9,169 38
WORK IN PROCESS
All manufacturing industries 144,465 | 146,225 | 146,218 +12 0.0 | +04 | 139,932 | 148,138 | 147,837 | 145,967 4d
Durable goods industries... . . | 113,702 | 115,411 | 115,639 sls | 02 | +02 | 109.889 | 116,630 | 116,330 117,283 -63
Stone, clay, and glass products . . . . 11565 1,574 576 06) 01 | +29 11466 471 1:503 1290 | +136
Primary metals... : 8242 | 8,289 | 8,208 06] +10] +14] 8162 | 8206 | 8.136 | 8.450 34
Fabricated metal products : 009 | 9,032 | 9,102 03 | -08 | +07 | 81834 | 9,099 | 9,180 | 8,919 -10
Industrial machinery and equipment | 21,264 | 21,323 | 21,572 to3 | 12 | +14 | 20/293 | 21600 | 21,714 | 21,506 5.6
Electronic and other
electrical equipment . . 14,179 | 14,001 | 14,084] +13] -04 | +05 | 13,547 | 13,927 | 14,041 | 13,140 43.1
Transportation equipment . 43856 | 45,285 | 45,333 32] 01 -06 | 42/567 | 46,354 | 45,997 } 49,251 -13.6
Instruments and related products 9,795 | 10.107 | 10,147 3 “04 “0.1 93384 | 10.219 | 10,106 | 9,587 “21
Lumber, furniture and
miscellaneous durable goods . 5,792 5.800 | 5,667 01] 423 | +07 | 5,636 | 5,754 5,653 5,140 +96
Nondurable goods industries 30,763 } 30,814 | 30,559 02 | +08] +12 | 30,043 | 31,508 | 31,507 | 28,684 +47
Food and kindred products 6299 | 6,295 | 6.257 | +01] +06) +23 | 6,700} 6,957 008 6,246 473
Tobacco products. . . 124 121 106 | +25] +142] +218 127 148 122 8g | +443
Textile mill products... . - : 2,461 2,462 | 2,457 00] +02 | +04] 2383 | 2463 | 2,471 2,500 5
Paper and allied products... . . 1717 1,776 1,735 33] +24] +14 1722 1712 1645 1,661 437
Chemicals and allied products 81878 | 8,894 | 8,967 02] -08 | +05 81593 8398 | 8.970 | 8,380 +25
Petroleum and coal products 3,158 | 3,139 | 2,892 | +06] +85 03 | 2,973 3,194 | 2966 | 2,199 | +35.2
Rubber and plastics products. . 2229 | 2234 | 2,259 02] +11 10 | 2185 2:261 2277 | 2,195 05
Apparel, printing an ! publishing
and leather goods . an 5,897 5,893 5,886 | +01] +01] +27 5,360 5,875 6,048 5,415 “10
FINISHED GOODS
All manufacturing industries 168,337 | 167,396 | 167,240 | +06] +0.1 | +08 | 162,818 | 166,735 | 166,366 | 156,688 43.9
Durable goods industries 85,713 | 85,082 | 84,917 | 40.7] +02] +05 | 82,036 | 84,244 | 83,803 | 78,814 +41
Stone, clay, and glass products 51032 | 4988 yoo2 | +09] -03 | +16] 4914 | 4,782 | 4,732 | 4,649 45.7
Primary metals ©... 2... 8198 | 8,252 8,235 07] +02] +13 81130 | 8.161 81062 8,195 -08
Fabricated metal products 11719 | 1671 | 14593 | +04] 40.7 | 412 | 1217 | 11358 | 11261 | 10,828 43.6
Industrial machinery and equipment 18/529 | 18,539 | 18,485 0.1 | +03 =10 | 17/885 | 18/683 | 18,251 | 17,642 414
Electronic and other
electrical equipment . 12,003 | 11,685 | 11,665} #2.7] +02 | +30 | 11,299 | 11,681 | 11,731 9,998 | +13.0
Transportation equipment . . . 9983 | 9.941 834. | +04] +11 04 | 9151 9870 | 9,782 8,952 +22
Instruments and related products 7924 | 7,747 , 423. | +01 09 | 7640} 7,814 TOO 7241 +55
Lumber, furniture and
miscellancous durable goods 12,325 | 12,259 | 12,363 | +05 | -08 | 40.3 | 11,800 | 11,895 | 12,074 | 11,309 +43
Nondurable goods industries . 82,624 | 82,314 | 82,323 | +04 0.0 | +11 | 80,782 | 82,491 | 82,563 | 77,874 43.7
Food and kindred products . 21153 | 21/094 | 21255 | +03] -08 | +29 | 20,897 | 21,967 | 22.386 | 19,902 $5.0
Tobacco products... . 452 44 456] +074 -15 92 $22 643 364 B01 | -34.8
Textile mill products... .- 4792 | 4,718 | 4099 | +16] +04 “11 4504 | 4,575 | 4,396 | 4,402 423
Paper and allied products... . . 6.606 | 6579} 6633 | +04 | -08 | +02) 6,425 6500 | 6519 | 6,599 -2.6
Chemicals and allied products 23029 | 23/010 | 22597] +01} +18 | +09 | 22,871 | 22,936 } 22,162 | 21,704 454
Petroleum and coal products... . . 3/519 5,392 760 +24] 38] +14 | 5306 | 5,530 3.731 Hola | +150
Rubber and plastics products 8370 | 8358 | 8361 +0.1 00 | +32] 8203 3.149 8070 | 7.472 +98
Apparel, printing and publishing
and leather goods... . . 12,703 | 12,714 | 12,715 -0.1 0.0 <ll } 12,054 | 12,191 | 12,535 | 12,380 2.6

® Preliminary. * Revised.

See nate at end of table 2 relating to survey error and revision.


Table 3. VALUE OF MANUFACTURERS’
Mi

UNFILLED ORDERS FOR INDUSTRY GROUPS

ions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Dec. Nov. Oct.| Nov.-] Oct-] Sept.- Dec. Nov. Oct. Dec.} Dec.
1999" 1999" 1999] Dec.]  Nov.] Oct. 1999” 1999" 1999 1998} 99/98
All manufacturing industries 537,012] 526,604] 525,963 42.0 40.1 +0.1] 531,171] 522,083] 524,929] 512,986 43.5
Manufacturing industries
without defense capital goods 443,697 | 435,160} 433,453 42.0 +04 -0.1| 437,707] 432,580] 434,042] 417,273 +49
Durable goods industries... . 511,188} 500,848} 500,479 +21 +0.1 0.0] 506,184] 496,913] 499,979] 490,040 433
Stone, clay, and glass products 6,302] 6,313] 6,183 02] 421) 420 6,228] 6,203 6,101 6071] +26
Primary metals ...... .. 32,016] 32,329) 32,363 -1.0 -O.1] +08] 31,203] 30,709] 30,704] 28,847) +8.2
Blast furnaces, steel mills 13,100} 13,282] 13,026 14] 42.0] +10] 12,659] 12,432] 12.099} 11,035} 414.7
Iron and steel foundries. . - 4768] 4,715] 4,863) +11 3.0 03] 4674] 4.552] 4.718] 5352] 12.7
Nonferrous and other primary
metals... vente es 14,148} 14,332] 14,474 13 Lo} +09] 13,870] 13,725] 13,887] 12,460} +113
Fabricated metal products. . 25,046] 24,709] 24,803} +14 -0.4 -09| 24,577] 24,213] 24,587] 25,434 34
Industrial machinery and equipment . | 80,928] 81,280] 81,008 04} +03) +02] 80,922] 81,827] 80,953] 74,441) +8.7
Engines and turbines... .. : 24,175] 24,142] 24,035] 40.1] 40.4] 40.7] 24,783] 24,823] 24,584] 18,725] +324
Construction, mining and
material handling equipment 8,798 8,868 8,593 -0.8 43.2 “14 8,614 8,560 8,245 9,633 -10.6
Metalworking machinery . 6,454 6,756 7,054 45 42 “ll 6,454 6,756 7,054 6,446 +0.1
Computer and office equipment . . 8,871 8,191 8,246 48.3 0.7 16 8,733 8,336 8,312 7,941} +100
Electronic and other
electrical equipment 85,936] 80,223] 76,476] +7.1] 44.9] +14] 83,668] 80,809] 79,706} 57,806} +44.7
Electrical transmission and
distribution equipment and
industrial apparatus . 7,085 7,026 6,931 +0.8 +14 42.1 6,920 6,925 6,918 6,181] +120
Electric lighting and
wiring equipment... . . 3,067] 4,995 5090} +14 19] +16] 5,067] 4,995 5,090] 5,022] +09
Communications equipment 25,150] 22614] 2t4ss] +112] 454) +120) 25,874] 23,176] 21,749] 17,087] +51.7
Electronic components 42846| 39926] 37284| +73/ +71 -4.1] 40,309] 40,236] 40,178] 23,655] +704
Transportation equipment . . 225,843 | 221,936] 225,363] +1.8 1S -0.4] 224,933] 219,708] 223,753} 242,584 -73
Aircraft, missiles,
space vehicles, and parts. ..... . 189,804] 187,850| 190,698] +10]  -15 -0.6} 189,116] 185,932] 189,294} 204,008 -13
Shipbuilding and tanks .... 19,708 18,291 18,245 47.7 +03 40.2 19,606 18,298 18,276 19,322 +15
Instruments and related products . . 46,629 | 45,681] 45,857] +21 -04 1.0] 46,724] 45,074] 45,494] 47,185 -10
Search and navigation equipment 25,479} 25,088] 25,341 +16 -1.0 -0.9} 25,592] 24,503] 24,827} 26,428 3.2
Measuring and controlling devices 10,111 9875] 9,917] +24 -04 26] 10,111 9875] 9,917] 10,185 -0.7
Medical instruments and supplies 10,112] 9,796] 9,692) 43.2] +1 0.1] 10,112] 9,821 9865] 9,586] +55
All other durable goods .......... 8,488 8,377 8,426 +13 -0.6 +11 7,929 8,370 8,681 7,672 433
Nondurable goods industries . . . 25,824| 25,756] 25,484 +03 +11 +15] 24,987] 25,170] 24,950] 22,946 48.9

" Preliminary. ‘ Revised.

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


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
Dec.} Nov.} Oct. | Nov. | Oct-| Sept-] Dec] Nov.| Oct. ] Dec. } Dee.
1999" | 1999] 1999] Dec.] Nov.] Oct.) 1999"] 999°] 1999] 1998] 99/98] 1999" | 1998
All manufacturing industries . 377,761] 365,612] 360,725] +3.3] +141 0.0] 374,558] 361,933] 373,387} 340,465] +10.0] 4,277,210 |4,033,676
Manufacturing industries
with unfilled orders ............ 218,667] 207,892] 205,475] +5.2} +1.2)  -0.1 224,097] 205,430) 211,691] 202,667]  +10.6}2,447,819 [2,316,046
without defense capital goods 369,472| 359,522) 353,054] +2.81 +1.8]  -0.7/ 363,210] 355,584] 365,349] 330,127] —+10.0] 4,200,201 [3,960,507
Durable goods industries . 216,092] 204,799} 202,442} +5.5} +1.2)  -0.9} 218,244} 200,811] 210,891] 196,922] +10.8] 2,423,320 [2,259,693
With unfilled orders... . 179,970) 169,151] 167,359] +64) +1.1] — -0.5) 186,054] 165,772 172,965] 166,558]  +11.7] 1,994,904 |1.868,929
Stone, clay, and glass products . 8,965] 9,133) 8,999] 1.8] +151 +05] 84 8,995] 9,496] 7,405] +9.0| 104,016] 96,088
Primary metals ........ . 15,359} 15,540) 15,440} -1.2] +0.6f  -0.1) 14,862] 15,172] 15,049] 13,768} +7.9| 180,743] 175,482
Blast furnaces, steel mills . 5,857} 6,315} 6,027] -7.3] 44.8) +1.6 5,760] 6,150] 5,796] 5,268] +9.3/ 70,336] 69,444
Iron and steel foundries 1,628) 1,362) 1,455] +195] -6.4) +07] 1,470] 1.290] 1,534) 1,293] 413.7] 17,646] 17971
Nonferrous and other primary
metals... ee 7,874] 7,863) 7,958) +0.1] 1.2] -1.6] 7,632] 7,732] 7,719 7,207] -—-+5.9| 92,761] 88,067
Fabricated metal products. . ~- | 20,895} 20,619} 20,060} +13] 42.8] 0.5} 19,493] 20,280) 20,860] 19,079] +22] 244922] 238,751
Industrial machinery and equipment . | 38,086] 39,347] 39,666] -3.2| | -0.81 +1.) 40,907] 37,631] 39,045] 40,982] -0.2| 461,408] 443,332
Engines and turbines ........ 2,655} 2,784] 2,789] 4.6] -0.2| -26.5 3,236] 2,903} 3,055] 4,202) -23.0] 36.353] 33,353
Construction, mining and
material handling equipment . 3,667| 3,965) 3,572} -7.5] +11.0f -0.4] 3,652] 3,707] 3,545} 4,072] -10.3] 45,024] 49,705
Metalworking machinery 3,577| 3,534) 3,914) +12) -9.7]  -1.2) 3,785 4,008) 4,408} 3,361] +12.6] 44,326] 41,322
Computer and office equipment . 11,560} 11,981] 12,754] -3.5] -6.1) +15.8] 14,557] 11,211] 11,332) 14,761) —-1.4] 139,442] 130,184
Electronic and other
electrical equipment .......... 41,722) 39,352} 35,884] +6.0] +9.7}  -7.4) 43,612] 38,015] 40,323] 34,946] +24.8] 439,002] 380,470
Electrical transmission and
distribution equipment and
industrial apparatus... ... . 3,997] 3,971] 3,896] +0.7) +19) -0.2] 3,943] 3,712} 3,835) 3,740] 45.4] 46,675] 43,815
Electric lighting and
wiring equipment ......... 2,730] 2,461) 2,571] +10.9] 4.3] +14.7] 3,020] 2,560] 2,514] 2,725] +10.8] 29,439] 27,184
Communications equipment 11,255] 9,747) 10,839) +15.5] -10.1] +5.6f 14,871] 9,951] 10,991] 10,472] +42.0] 110,200] 88,924
Electronic components . . . . 17,973] 17,627] 12,971] +2.0] +35.) -22.8] 16,227] 15,852] 16,682] 12,526] +29.5] 185,037] 156,594
Transportation equipment . . 53,857] 44,899] 46,800] +20.0]  -4.1]  +0.4| 53,798] 45,416] 49,951] 46,056] +16.8] 565,917] 524.963
Aircraft, missiles,
space vehicles, and parts. 13,713] 8,629] 10,408] +58.9} -17.1]  +9.8] 17,577] 8,592] 9,935] 11,637] +51.0) 126,728] 124,111
Shipbuilding and tanks . . 2,442} 1,049) 1,002] 132.8] +4.7] +276] 2:62] 1,044} 948] 2420] 45.9] 12,410] 13,181
Instruments and related products . . 15,900] 14,816] 14,362] +73] +3.2) -0.5] 17,759] 14,690] 14,045] 15,629] +13.6] 173,924] 166,008
Search and navigation equipment 3,516) 2,846 2,931] +235] -2.9 +17] 4,514] 2,785] 2,623) | 3,857] +17.0] 36,867) 34,191
Measuring and controlling devices 4,771) 4,429] 4,149) +77) 46.7) -4.3) 5,077] 4,474] 4,089] 4.318] +176] 50,824] 48,090
Medical instruments and supplies 5,124) 4,998) 4,837] +2.5] +3.3) +03) 5,584) 4,733] 4,813] 5,067] +10.2| 58,083] $5,377
All other durable goods .......... 21,308] 21,093] 21,231] +1.0]  -0.6 +15] 19,745) 20,612] 22,122] 19,057] +3.6] 253,438] 234,599
Nondurable goods industries . 161,669] 160,813] 158,283] +0.5] +1.6) +1.1] 156,314] 161,122] 162,496] 143,543] +8.9] 1,853,890 |1,773,983
With unfilled orders 38,697] 38,741] 38,116] -0.1] +1.6 +1.8) 38,043] 39,658] 38,726] 36,109] +5.4] '452,915| 447,117

° 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 ne

increase from the prior month to the current month

Note : Estimates of manufacturers’ shipments,

which includes errors of coverage, response,

details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(96

Manufacturers’ Shipments, Inventories, and Orders: 1987-1996."

gative because of cancellations, the percentage change calculation is algebraically negative, even though there is a net doll:

inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling erro
and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Furthe


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

Dec. Nov. Oct. | Nov.- | Oct-| Sept Dec. Nov. Oct. Dec. Dec.
1999" 1999" 1999] Dec.| Nov.] Oct.| 1999" 1999" 1999 1998] 99/98 1999" 1998

All manufacturing industries ... . . | 367,353] 364,971] 360,201] +0.7]  +1.3| +0.4} 365,470] 364,779] 369,691] 342,295 +6.8) 4,259,076 }4,052,248
Manufacturing Industries
with unfilled orders .......... 208,259| 207,251} 204,951] +0.5] +11] _ +0.7| 215,009) 208,276] 207,995] 204,497] —_+5.1} 2,429,685 2,334,618
without defense capital goods . . . | 360,935] 357,815] 353,632] +0.9| +1.2| +0.4] 358,083] 357,046] 363,160] 334,709] +7.0) 4,179,818 [3,972,576

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

205,752] 204,430] 202,306] 40.6) +1.0|  +0.2| 208,973] 203,877] 206,861] 198,280] +5.4) 2,407,227 12,275,987
169,630] 168:782| 167.223] +05] +09] +0.9| 176,783] 168,838] 168,935] 167,916] +5.3} 1,978,811 [1,885,223
8.976| 9,003] 8873] -03| +15] +01] 8,043] 8,893) 9,442] 7,402 +8.7] 103,859] 96,193
Primary metals... .. 15,672] 15.574] 15,191] +06) +25] -0.7| 14,368] 15,167] 15,539] 12,997] +10.5] 178,387] 180,973
Blast furnaces, steel mills . “| 6039] 6,059] 5/893) -0.3] +28] +14) 5,533] 5,817] 6,024] 4,900] +12.9] 68,712] 72,767
Iron and steel foundries ........} 1,575] 1,510) 1,468] +4.3) +29] -4.7) 1,348] 1,456] 1,554] 1,323] +1.9] 18,324] 18,095
Nonferrous and other primary

8,058] 8,005] 7,830] +0.7/ +22] -1.4] 7,487) 7,894] 7,961 6,774] +10.5] 91,351] 90,111

Fabricated metal products “| 207558] 20,713] 20,281] -0.7] 42.1] -0.5] 19,129] 20,654] 21,336] 19,152] -0.1] 245,779] 239,667

Industrial machinery and equipment . | 38,438] 39,075] 39.471] 1.6] 1.0] +4.6) 41,812] 36,757] 38,305] 40,163] +4.1) 454,927) 442,316
Engines and turbines... .. : 2,622| 2.677| 2,620] -2.1] | +2.2}  -3.2| 3,276] 2,664] 2,526 2,900] +13.0) 30,295) 27,162
Farm and garden machinery .....| 1,816] 1,755] 1,571} #3.5{ +11.7]  -6.9) 1.347) 1,224] 1,402 1,270) +6.1] 21,766] 23,792
Construction, mining and
material handling equipment
Metalworking machinery

3,737 3,690] 3,698] +13 0.2) -2.5} 3,598] 3,392 3,636] 3,849) 6.5 46,043} 50,438
3,879} 3,832] 3,992) +1.2) 4, +44 4,087] 4,306] 4,486) 3,673) +113 44,318) 42,025

Computer and office equipment . . : 10,880} 12,036) 12,892] -9.6 ~6.6| +16. 14,160] 11,187] 11,468] 14,670) -3.5| 138,650} 129,875
Electronic and other
electrical equipment ...... +++] 36,009} 35,605} 34,860} +11) +2.1) 1.3] 40,753) 36,912] 34,795} 36,962} +10.3] 413,140} 375,970

Electrical transmission and

. 3,938} 3,876] 3,754] +16) +3.2] 4.6) 3,948) 3,705 3,602] 3,808) 43.7] 45,936] 44,152
Household appliances . 2,363 2,425 2,348) -2.6) +33) +5.7) = 2,297) 2,358} 2,302] 2,204) +42 28,241) 25,184
Electric lighting and
wiring equipment .
Household audio and
video equipment . .
Communications equipment. .
Electronic components
Transportation equipment .

2,658} 2,556} 2,490] +4.0) +2.7]  -1.8] 2,948) 2,655 2,433) 2,622) +12.4 29,394] 27,089

936] 975) 995] -4.0) — -2. 6.2 919) 1,201 1,266 1,123) -18.2 12,520] 12,386
8,719 8,587] 8,547} +1.5}  +0.5| 3.9) 12,173) 8,524) 7,985) 10,708] +13.7] 101,383) 86,198
15,053] 14,985} 14,570] +05} +2.8)  +1.7] 16,154] 15,794) 14,757] 14,293] +13.0] 168,383) 154,479
49,950] 48,326} 47,659] +3.4| +14) 1.8] 48,573) 49,461] 51,055] 46,660) +4.1] 583,568] 536,896
33,963} 33,239] 32,898] +22] +1.0[ -3.0] 29,983} 33,932] 36,628] 28,329) +5.8] 399,681} 359,560

space vehicles, “and parts. ..... 11,759] 11,477] 11,493] +2.5 0.1] +5.5, 14,393) 11,954) 11,112] 14,685) -2.0] 141,620) 138,223
Shipbuilding and tanks . wee 1,025, 1,003) 973) +22] +3.1] -20.0) 1,254 1,022) 943 1,090] +15.0 12,126] 12,289
Instruments and related products . . | 14,952} 14,992) 14,834) -0.3) +1.1] +03] 16,109) 15,110) 14,506) 15,423 +44] 174,385] 168,952
Search and navigation equipment 3,125} 3,099) 3,171] +0.8 23] +17) 3,425 3,109} 3,080} 3,508) 224 37,703] 37,006
Measuring and controlling devices . 4,535) 4,471 4,409} +14) +14) +24) 4,841 4,516] 4,349) 4,228) +14.5 50,898] 48,758

Medical instruments and supplies. 4,808] 4,894) 4,842] -1.8)  +1.1 +2.7) 5,293) 4,777) 4,575) 5,328] 0.7 $7,557] 54,215
Photographic goods . 1,984) 2,028 1911 -2.2| 46.1) +0.7/ 2,069) 2,212) 2,012 1,909} +8.4) 22,369) 23,482
All other durable goods . . 21,197] 21,142) 21,137] +03 0.0] +0.9} 20,186) 20,923) 21,883) 19,521 +3.4) 253,181] 235,020

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

161,601] 160,541} 157,895] +0.7] +1.7] 40.7] 156,497] 160,902] 162,830) 144,015 +8.7| 1,851,849 1,776,261
38,629| 38,469] 37,728} +04) +2.0) 0.0} 38,226} 39,438] 39,060} 36,581 +4.5| 450,874] 449,395
42,525] 42,363] 42,292} +0.4] +0.2} +0.4) 41,910} 43,223) 43,792] 40,952 +23) 501,159} 490,365

Meat products . 9,511 9,440) 9,431] +0.8] +01] 42.4) 9,412 9,630] 9,700] 8,391] +12.2] 107,909) 104,372
Dairy products . 6,664 6,546] 6,432) +18) +18) -1,6) 6,689) 6,785 6,283 6,868) -2.6 77,704] 75,048
Beverages . 6,400] 6,475} 6,458) -1.2) $0.3] +0.9) 5,943 6,188} 6,466] 5,753) 43.3 76,079| 73,096

All other foods, except fats ani
Tobacco products .........
Textile mill products .
Broadwoven fabrics and |

other textiles. .......... ...| 3,718} 3,681] 3,642] 41.0] +11) +09] 3,525] 3,588] 3,698] 3,561] -1.0) 44,452] 48,537
Paper and allied products . . ‘| 143364] 14:268] 13,781] +0.7] +35] 0.0} 14,028] 14,095] 14,081] 13,287] +56) 164,491} 165,429
Pulp, paper, and

18,057] 18,040) 18,069] +0.1 0.2) -0.7) 17,973) 18,758} 19,441] 17,784) +11} 217,311] 212,897
4,388} 4,475) 4,500] -1.9 0.6) +53] 4,016] 4,612} 4,522) 3,912 42.7 50,551] 41,625
6,568] 6,545 6,638] +0.4 -14) +21 5,934] 6,590) 7,003] 5,825] +19 78,325] 80,624

paperboard mill products ...... 5,675! 5,637] $,247] +0.7) +74) -2.1 5,581 5,619] 5,334) 4,973] +12.2 63,530] 63,657
Paperboard containers and boxes . . 3,698} 3,632) 3,637) +1.8) 0.1) +2.7) 3,512) 3,588) 3,792) 3,361 +45 41,448] 42,900
Miscellaneous converted

paper products ............05 4,991 4,999] 4,897] -0.2) +2.1] +0.5] 4,935] 4,888) 4,955) 4,953 0.4 59,513] 58,872

Chemicals and allied products
Industrial chemicals .... .
Drugs, soaps, and toiletries .

Petroleum and coal products . .

Rubber and plastics products.

All other nondurable goods. .

35,962] 35,937| 35,552} +0.1[ +1.l]  +1.5] 35,661) 34,579] 35,055) 33,291 +7.1] 413,480] 391,700
16,212] 16,215] 16,042 0.0) +1.1)  +2.3} 15,674] 15,843] 15,879] 14,189) +105} 183,399) 179,798
15,720] 15,747) 15,675 0.2) +05] +1.3] 16,571} 15,513] 15,849] 15,814) +48] 183,359] 165,625
17,154| 16,634] 15,627] +3.1] +6.4] -0.2] 16,748] 16,755] 16,531} 10,673 +56.9) 170,822] 145,673
14,455] 14,339] 13,811f +0.8} +3.8) +0.8| 13,012} 13,816) 14,358] 12,007, +8.4{ 164,688} 158,156
26,185] 25,980) 25,694) +0.8)  +1.1 0.1] 25,188] 27,232) 27,488] 24,068) +4.7| 308,333] 302,689

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