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

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change ‘Monthly Percent
change
Feb, Jan. Dec.} Jan] Dee~] Nov Feb, Jan, Dec, Feb.| Feb.
1999° 1999" 1998] Feb} Jan. | Dee. 1999"] 19997 1998 1998] 99/98
All manufacturing industries 465,084] 464,873] 466,798 0.0 04 0.9] 467,362 | 462,588} 456,330] 464,331 +07
Manufacturing industries
with unfilled orders 311,458] 310,790] 312,714 +0.2 -0.6 -0.9] 311,801] 307,625] 303,508] 308,519 +h
without defense capital goods 446,222} 446,291] 446,980 0.0 0.2 “LL } 448,644 | 444,384] 437,311] 446,454 40.5
Durable goods industries. . 294,554} 293,563] 295,344} +03) 06 0.9] 296,152] 291,608] 287,415] 292368] +13
With unfilled orders 270,484) 269,448) 271,246] +04} -07) — -1.0] 271,129] 266.947] 263/500] 268/021 +12
Stone, clay, and glass products 9,278 9,381 9,331 “ld 40.5 40.1 9,515 9,402 9,103 9,328 42.0
Primary metals 24,254) 24,438) 24,6791 08] -1.0/ 0.6] 24,270] 24525] 24°797| 241472] -08
Blast furnaces, steel mills 11,803] 11,924) 12057} 10] = 10] 11,783} 12,085} 12319] 11813] 03
Iron and ste! foundries 1,633 114 1580) +12] 422] 401 1,661 1,598 1541 1575} +55
Nonferrous and other primary
metals 10,818} 10,900) 11,042] 0.8] = 13] 0.2] 10,826] 10,842] 10,937] toss] 23.
Fabricated metal products 30,865} 30,920) 30,855] = -0.2/ 40.2) += 0.9] 30,917] 30.741] 30278] 30,191) +24
Industrial machinery and equipment | 60,676 | 60,658) 60,532 00; +02) 0.7] 61,642] 60,256] 58.415] 62,062] -0.7
Engines and turbines : 4.100} 4,097) 3,871) 40.1} 458) 43] 4120] 3,961] 33583] 433-7
Farm and garden machinery . . 3,749 3,770 3,867 06 2.5 0.6 4,176 4,136 4,062 4,103 +18
Construction, mining and
‘material handling equipment 9,118 9,099 9,048 +021 +06] © +03 9,255 9,110 8,826 8,454 +95
Metalworking machinery 7,943 7,980 7,929 -0.5 40.6 +15 7,869 7774 7,443 7316 +76
Computer and office equipment . 9,130 9,045 9,064 40.9 0.2 03 9,375 8,714 8,343 10,614 “LT
Electronic and other
electrical equipment 40,084] 39,581 39,786 +13 0.5 13] 40,143] 39,036] 38,377] 41,318 28
Electrical transmission and
distribution equipment and
industrial apparatus. . 3400] 5,423] 5,535} 04) 2.0] 42.8] = 5,449] 5,42 3,421 5,682) -4.1
Household appliances 2,396 2,403 2,404 03 0.0 “14 2,485 2,351 2,163 2,422 +26
lighting and
wiring equipment 3468) 3.448} 3,460) 40.6) 03] = 14] 3,457) 3,371] 3,274] 3,303] 41.9
Household audio and
video equipment . 1,008 1,022 1,028 -14 -0.6 5.2 980 986 952 936 +4.7
tions equipment 9651} 9.484] 9,785] 418] 31 33) 9,689] 9,376} 9,420] 10,853] -10.7
Electronic components 14,455 { 14,045) 13,914] 42.9] 40.9) 15] 1441} 13'874] 13,674] 14,549] -0.7
‘Transportation equipment . 74.433) 73,852] 75,701} +08) 24] -1.0] 74,520] 73,252] 73.157] 71393] 44.4
Motor vehicles and parts . 16,948} 17,101} 17,419] 0.9] 18] +1.0] 17,025] 17,090] 16893} 16375] +40
Aircraft, missiles,
space vehicles, and parts. $1,579 50,955 52,656 +12 32 “17 $51,532 50,362 50,776 49,437 +4.2
Shipbuilding and tanks 1'885 1.858 1942] +15] 43] +98] “11917 1.885 1,920 1672) +147
Instruments and related products 26715] 26,443} 26,515] +10) 03} = 0.6] 26,547] 25,831] 25.683] 25.946| +23
Search and navigation equipment 6713] 6,569] 6573] +22] -0.1 19] 6,658] 6378] 6301] 601] 426
uring and controlling devices 7,978 7,979 8,079 0.0 12 +11 7,952 7,857 7,855 8,093 “17
iestruments and supplies 8578] 8455) 8441] +L} 402) 9-1-7] gis40} 83328] 8.244] 70} 44's
Photographic goods 2,697 2,695 2,678 +01 +0.6 40.6 2,652 2,534 2,454 2,513 45.5
All other durable goods 28,249] 28,290} 27,945 0.1 +12 -12] 28,598} 28,565] 27,605] 27,658 43.4
Nondurable goods industries 170,530] 171,310} 171,454 0.5 0.1 0.9} 171,210} 170,980] 168,915] 171,963 0.4
With unfilled orders 40,974] 41,342] 41,468 09 03 0.2} 40,672} 40,678] 40,008] — 40,498 +0.4
Food and kindred Products 37,716] 37,658} 37,299 40.2 +10 40.1 37,873] 38,016] 37,488] 37,807 +02
Meat products 4,092) 4,095} 4,078] -0.1] 404] 408] 4.179] 4.056] 31837} 4207-07
Dairy products 4.013 3,914 3,746] 42.5 44.5 “15 3,957 3,859 3,527 3,813 +38
Beverages : 8,537 8,414 8,347 +15 40.8 40.2 8,564 8401 8,270 8,010 46.9
All other foods, except fats and oils 19.262] 19,391) 19.254] 0.7} = 40.7) 40.4] 19,260] 19.750] 19.943] 19.620} 1.8
‘Tobacco products . 5,603 5,682 5,867 “14 32 12 6,027 6,193 6,297 6333 4.8
Textile mill products. 10,021] 10,078} 10,180) -06 = 10} = 0.1} 10,125] 10,066} 9756} 10347] -2.1
Broadwoven fabrics and
other textiles 6.248} 6300] 6.348} 0.8] 0.8] 02] 6.339} 6,346] 63a] 678} 2
Paper and allied producis 16.072] 16.180] 16362) 0.7) = 0.7] 16,189] 16,229} 16.254] 16,500] -1.9
Pulp, paper. and
paperboard mill products 6,602 6711 02] -14] 05] 6,699] 6,668] 6,680] 6,655] 40.7
Paperboard containers and boxes 3.934 4067] 13] 20] 27] 3968] = 3,994] 4.070] a'228 “6.1
Miscellaneous converted
3,536 5584] O77 0.1] 05] 5,522] 5,567} 5,504] 5,620] 1.7
46,462 46.217] +01] +05} 14] 46,978] 46.214] 45,696] 45,846] 42.5
19,387 19,802} -08) 13-04) 19.623] 19.699] 19910] 20,651 3.0
ind toiletries 21.283 20,634) +12 42.0} 29] 21,120] 20,357} 20000] 19,372] +9.0
ail products 10,030 10,254 24 “0.1 65] 9,771} 10,000] 9,863} 11186] -12.6
Rubber and plastics products 16,651 16,766 0.8 +0.1 0.5 17,009 16,956 16,597 16,977 +0.2
All other nondurable goods 27.975 28,509 1.0 09 +02 27,238 27,306 26,964 26,967 +10

" Preliiainary, * Revised.

Sce 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

380 380
New Orders
360} - ----------- 2-2 rrr rrr rrr Shipments |_1 360
340 340
320 320
300 300
280 bn \ l nl ! ! ! ! ! \ ! l 280
Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1997- Feb. 1999
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 3.7
24b----- ccc rrr vos }-4 3.6
23F------ rr rr rr rrr vs [43.5
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 2.4

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

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE

OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES

FOR TOPICAL SERIES'
(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Feb. Jan. Dec. | Jan- | Dec~ | Nov. Feb. Jan. Dec. Feb. | Feb.
1999 199° 1998 | Feb. Jan. | Dec. 199° 199° 1998 1998 | 99/98
UNFILLED ORDERS
All manufacturing industries 524,559 | 526,677 | 519,038 04 +15 -0.1 | 528,854 | 530,997 | 512,986 | 543,505 27
Market categories :
Automotive equipment . 2,524} 2,596 | 2,474 28) 449] 423 | 2614 | 2677] 2405 | 2,582 +12
Home goods and apparel 9,020 8,888 8,979 +15 “10 | +04 9,061 8,703 8311 8,954 +12
Consumer staples 2422 | 2461 2,364 slo] +41] +15 | 2194] 2480 | 2262 t9s2 | +124
Machinery and equipment 244,851 | 245,513 | 241,602 03] +16 |  -09 | 245,680 | 245,785 | 240.571 | 247.491 0.7
Business supplies 6921 6,975 | 6,789 08} 42.7] 15] 6693 | 6.897] 6.521 6573 +18
Construction materials
and supplies 17,729 | 17,605 | 17,506 | +407] +06] +01 | 17,758 | 17,513 | 17241 | 18,200 24
Defense products. 90,596 | 92,300 | 90,957 18] +15 | +09 | 91546 | 93.873 | 90,916 | 98353 69
Other materials, supplies and
and intermediate products 150,496 | 150,339 | 148,367 | +01] +13 | 40.8 | 153,308 | 153,069 | 144.759 | 159,400 38
Durable goods industries
Nondefense capital goods * 261,412 | 261,289 | 257,382 0.0] +15 | -08 | 262,547 | 262,062 | 257,082 | 265,774 “12
Excluding aircraft and parts 108,328 | 107,782 | 106,877 40.5 40.8 +1.7 | 109,463 | 108,555 | 106,577 } 106,833 42.5
Defense capital goods * : 95,463 | 97,225 | 95,947 -18 413 +1.0 | 96,432 | 98,763 | 95,713 | 103.245 6.6
Durables excluding capital goods 143,731 | 144,273 | 141,843 0.4 +17 +0.9 | 146,547 | 146,775 | 137,245 | 149,254 18
Miscellaneous series :
Producers’ durable equipment 284,244 | 286,140 | 281,337 0.7 +17 -0.9 | 285,907 | 287,170 | 279,504 | 288,883 -1.0
Household durable goods 5,581 5,502 5,822 +14 04 +08 5,683 5,551 nt 5,972 48
Information technology industries 39,980 | 39,523 | 39,360 +12 40.4 +0.7 | 39,884 | 39,233 39,116 | 39,800 40.2
Health care equipment
and products 9,770 | 9855 | 9,715 09} +14} 02] 9,946 | 10,056] 9,625 | 8.926 | +114
TOTAL INVENTORIES
All manufacturing industries 465,084 | 464,873 | 466,798 0.0 04 0.9 | 467,362 | 462,588 | 456,330 | 464,331 +0,7
Market categories :
Automotive equipment 8493 | 8585 | 8.669] 11] -10] +14 8570 | 8,527 }| 8,265 | 8,270 +3.6
Home goods and apparel 31,636 | 31,839 | 32,246 -0.6 13 -0.8 | 31,478 | 31,479 | 30,811 30,854 42.0
Consumer staples . : 73,430 | 73,431 | 72,825 00} +08] -15 | 73,560 | 73,284 | 72343 | 72,966 +08
Machinery and equipment . 118,281 | 117,346 | 117,856 | +08] -04 | -2.4 | 119341 | 116.214 } 113,597 | 118.477 40.7
Business supplies . : 28,164 | 28,396 | 28.256 08 | +05] -02 | 28,003 | 27,958 | 27,239 | 27.443 +20
Construction materials
and supplies 28,765 | 28,844 | 28,706 03 | +05 | -08 | 29,061 | 28,806 | 28,125 } 28,585 +17
Defense products . 18,433 | 18,178 | 19,283 +14 57 42.4 | 18,294 | 17,888 | 18,604 | 17,514 +45
Other materials, supplies and
and intermediate products 157,882 | 158,254 | 158,957 02} -04 | 03 | 159,055 | 158,432 | 157,346 | 160,222 0.7
Durable goods industries
Nondefense capital goods * 110,523 | 109,680 | 110,184 +08 0.5 -2.0 | 111,221 | 108,410 | 106,039 | 111,363 -0.1
Excluding aircraft and parts 71,537 | 71,056 | 70,941 40.7 40.2 -1.L | 72,134 | 70,061 | 67.978 | 73,534 +19
Defense capital goods * . 18,862 | 18,582 | 19818 | +15] -62] 430] 18,718 | 18,204 | 19,019 | 17877 44.7
Durables excluding capital goods 165,169 | 165,301 | 165,342 “0.1 0.0 | 06 | 166,213 | 164,994 | 162.357 | 163,128 +19
Miscellaneous series
Producers’ durable equipment 190,394 | 189,831 | 190,338 | +03 | 03 | -1.5 | 191,507 | 188,340 | 184,320 | 189,195 +12
Household durable goods 16,294 | 16,445 | 16,390 -0.9 40.3 -15 | 16,358 | 16363 | 15,683 | 15,544 45.2
Information technology industries 32,023 | 31,627 | 31,949 | 413] -10 ] 12 | 32227 | 30:833 | 30.317 | 343372 62
Health care equipment
and products 20,096 | 19,845 | 19619 | +13] 412] -24] 19974 | 19,357 | 19,082 | 18,684 +69

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
Feb.| Jan. | Dec. | Jan-| Dec-| Nov-] Feb. Jan.| Dec. | Feb.| Feb.
19997} 1999} 1998" Feb. | Jan} Dec.} 1999°| 1999']  1998'} 1998] 99/98 | 1999" | 1998"
SHIPMENTS
All manufacturing industries. 342,611] 341,670] 344,247] +03] -0.7]_ +0.8] 340,152] 307,582] 342,295] 333,973] +1.9] 647,734] 632,678
Market categories :
Automotive equipment... 15,665] 15,564} 15,588] +0.6}  -0.2) +24) 17,236) 14,335] 13,775] 15,663) +10.0) 31,571) 28,114
Home goods and apparel. . 19.655] 19.772 19303] -0.6] +24] +33] 19,669) 16,773] 17,296] 18,984] +3.6] 36,442) 35,044
Consumer staples... 70,427| 69,657} 70,525] +11] -1.2) +1.7] 67,757) 65,376] 71,044] 66,037] +2.6 133,132] 130,387
Machinery and equipment . 65,785] 65.946] 67.287} -0.2| -2.0| +0.7| 64.212] $5,293] 74,549] 61,903] +3.7] 119,805] 113,284
Business supplies... .. ~..] 25,884] 25,855] 25,689] +01] +0.6 +0.7] 25,301) 23,652] 25,402] 24,678] +2.5] 48,953] 47,901
Construction materials
and supplies ...{ 22,397] 22,012) 22,310] +1.7]-1.3] +1.8} 21,538] 19,222) 20,657] 20,511] +50) 40,760} 38,978
Defense products se. .] 6932] 6.955] 6,825] -03} +19} -5.9| 6.986} 5,763] 7,720] 7,005] -0.3] 12,749] 12,629
Other materials, supplies and
and intermediate products . . . 115,866] 115,909] 116,720] 0.0] -0.7]- +0.1) 117,453] 107,168] 111,852] 119,192) -1.5] 224,621] 226,341
Durable goods industries :
Nondefense capital goods * . .. . . 52,781] 52,954] 54,070) -0.3)  -2.1] 0.2) 49,946) 43,012] 63,431] 48,305) -+3.4} 92,958] 88,426
Excluding aircraft and parts 44:436| 44,409] 45,380] 40.1] -2.1] +1.5] 42,094] 35,904] 52,789) 41,193) 42.2] 77,998] 75,497
Defense capital goods * -| 6721} 6,740] 6,542] -0.3] 43.0) -5.9) 6,726] 5,494] 7,586] 6,612] $1.7] 12,220] 11,857

Durables excluding capital goods 134,473] 134,397] 134,919] +0.1] -0.4)  +0.9] 137,910] 121,942] 127,263] 133,512] +3.3] 259,852] 248,083

Miscellaneous series

Producers’ durable equipment... . | 126,727} 126,757] 128,374] 0.0] 1.3] +1.0] 128,024] 110,374] 131,736] 122,325] 44.7] 238,398] 224,054
Household durable goods 10,243] 10,053] 981i] +19) 42.5] +42] 10,127] 8,465] 9.585] 9,148] +10.7] 18,592] 16,790
Information technology industries 25,576] 25,864) 25,406] -1.1)  +1.8)  -1.1] 23,252] 20,126} 32,469] 22,280] +4.4] 43,378] 40,660
Health care equipment
and products ceceeee 1 12,577] 12,086 12,819} +4.1] -5.7] +4.1] 12,117] 11,347] 13,884) 11,137] 48.8] 23,464] 22,037
NEW ORDERS
All manufacturing industries - | 340,493} 349,311] 343,982] -2.5]  +1.5] 42.4] 338,009] 325,593] 340,465} 333,699] —+1.3] 663,602} 644,625
Market categories
‘Automotive equipment ....... 15,592] 15,686] 15,644] -0.6) +0.31 +2.) 17,173] 14,607] 13,832] 15,662] +9.6] 31,780] 28,209
Home goods and apparel --} 19,787] 19,681] 19341] +05] +181 +19} 20,027] 17,165] 17,016] 19,030] +5.2] 37,192] 35,440
Consumer staples .............] 70,389] 69,754) 70,561] +0.9|  -1.1] +15] 67,471] 65,594] 71,046] 65,951] 42.3) 133,065} 130,290
Machinery and equipment .......] 65,122] 69,858] 64,980] -6.8} +7.5] +18) 64,108] 60,507] 71,377) 62,139] +32] 124,615] 118,032
Business supplies... 0... ~.| 25830] 26,0411 25,587] -0.8| +1.) -0.3] 25,097] 24,028] 25,205] 24,808] +1.2) 49,125] 48,042
Construction materials
and supplies secese es} 22,521] 22,111] 22,331] +19] =o} +2.5] 21,782] 19,494] 20,732] 20,802] +4.7] 41,276) 39,852
Defense products +e 5,229] 8,298] 7,616] -37.0] +9.0] +31.4) 4,660] 8,720] 10,338} 5,961] -21.8) 13.380) 13,437
Other materials, supplies and
and intermediate products ...... | 116,023) 117,882] 117,922] 1.6] 0.0] +2.5} 117,691] 115,478] 110,919] 119,346] -1.4] 233.169] 231,623
Durable goods industries
Nondefense capital goods * 52,904] $6,863] 52,008] -7.0] +9.3] +2.6 50,431] 47,992] 60,728] 48,704] +35] 98,423) 92,984
Excluding aircraft and parts. . 44,982] 45,316] 47,132] -0.7) -3.9] +7.7| 43,002} 37,882] 53.903] 42,573) +1.0) 80,884] 79,158
Defense capital goods * 4.959} 8,018] 7,449] -38.2] +7.6 +31.7| 4,395] 81544) 10,338} 5.658] -22.3] 12,939] 12,886

Durables excluding capital goods 133,931] 136,827] 136,120] -2.1]  +0.5]  +2.5) 137,682] 131,472] 125,856] 133,805) 42.9] 269,154] 254,435

Miscellaneous series

Producers’ durable equipment .... | 124,831] 131,562] 125,888] -3.1}+4.5[+1.1] 126,761] 118,040] 127,794] 122,182 +3.7] 244,801 229,823
Household durable goods ~.] 10322] 10,033] 9.854] +29] +181 44.1} 10.259] 8.855] 9,336) 9,093] +128] 19,114] 16,979
Information technology industries 26,033] 26,029] 25,664] 0.0] +14] +2.8] 23,903] 20,243) 32,296] 22,087] +5.4] 44,146) 42.490
itcalth care equipment

and products, 12,492] 12,225) 12,797] +22) -4.s| +5.1] 12,007] 11,778] 13,621] 11,321] +6.) 23,788] 22,497

Preliminary. ' Revised
Lopical 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; stea internal comb
handling equipment; metalworking machinery; special industry machinery; general industrial machinery: mputer and offi
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, mis
and parts: ships and tank components; railroad equipment, and search and navigation equipment,

es. space vehicles, and engines

Defense capital goods industries include : ordnance and ack
and tank components, and scarch and navigation equipment

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

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio’
Industry Feb. Jan Dec. Nov. Feb. Jan Dec. Nov
199° 1999" 1998" 1998, 1999" 1999" 1998" 1998
All manufacturing industries 136 136 136 138 2.67 2.67 261 261
Durable goods industries 152 151 151 1.53 3.14 314 3.07 3.06
Stone, clay, and glass products : 110 14 12 13 0.77 0.79 0.78 0.79
Primary metals -. : 1.70 171 174 174 2.06 2.02 2.08 2.08
Fabricated metal products... VSI 151 150 133 136 135 134 135
Industrial machinery and equipment. 165 1.66 164 166 216 217 212 2.09
Electronic and other
electrical equipment... .... 1.25 121 121 124 194 191 1.83 1.83
Transportation equipment...) | 158 156 158 158 9.56 9.38 912 881
Instruments and related products . . 190 1:89 185 184 333 3.38 3.28 327
Nondurable goods industries . 115 1.16 11s 118 0.65 0.64 0.64 0.65
Food and kindred products 091 091 0.90 0.90 fea) () ) OO
Tobacco products 138 141 154 175 &) (&) & &
Textile mill products a 156 153 137 157 (NA) (NA) A (NA)
Paper and allied products... |. Lig 120 120 122 (NA) (NA) (NA) (NA)
Chemicals and allied products |<. 1:40 144 138 1.44 (x) & fo) fo)
Petroleum and coal products 0.90 0.93 0.93 0.99 &) oO &) (X)
Rubber and plastics products <1.) | 1.22 127 125 128 fe) &) «&) &)

° Preliminary. ' Revised. (X) Not applicable. (NA) Not available.

ice Xcludes 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; chemicaly,
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
Feb. Feb, | Feb. Feb.
Feb? | 1998- Feb? | 1998- Feb? | 1998- Feb? | 1998-
Feb? | 1994] Jan. | Feb! | 1994-] Jan. | Feb. | 1994-| Jan. | Feb! | 1994-| Jan
1999 | 1998 | 1999} 1999 | 1998 | 1999 | 1999} 1998 | 1999} 1999] 1998] 1999
All manufacturing industries ......) xy 01 02 & 02 02 oa) 02 01 oa) 01 00
Durable goods industries oo 0.0 02 0.2 01 04 03 0.0 02 01 (x) 01 Ol
Stone, Clay, and glass products ) 07 04 (xX) 10 06 (X) 0.6 04 (Xx) 02 01
Primary metals weet ees 0.2 03 03} 02 08 08} -0.1 04 02 & 01 ol
Fabricated metal products a (X) 04 03 (xX) 08 0.4 (X) 03 0.2 (X) Ol Ol
Industrial machinery and equipment 02 03 03) 02 04 03} 03 01 O41 &) 0.0 Ol

Electronic and other

electrical equipment -0.3 04 0.5 0.1 04 13 0.2 0.2 0.6 (xX) O1 0.2
Transportation equipment 0.2 0.6 0.6 0.1 13 09 0.0 0.2 OL (X) 0.2 02
Instruments and related products % 04 03 ea) 16 13 &® 04 02 &) 02 Ol
Nondurable goods industries (x) 02 01 (x) on 01 (x) 03 02 % 01 01
Food and kindred products. & Or 02 &) &) & () re) Oa) &) 02 On
Tobacco products... . . () Ol 00 () %) () & (X) &) ren) 0.0 ol
Fextile mill products (x) 03 03 (xX) | (NA) | (NA) (x) | NA) | (NA) (x) 01 0.
Paper and allied products. |). () 02 02 OM] (NA) | NA) (X)} NAD] (NAD & O1 o4
Chemicals and allied products ° | & 02 03 rig X &) &) &) () &) 1 Ol
Petroleum and coal products (%) 02 03 (x) (x) (%) (X) OO) x) (X) 03 07
Kubber and plastics products (x) 03 01 (x) (&) () (X) x) &) &) ol 00

Capital goods industries
Nondefense 02 3 03 oO. 07 0s 0.1 01 Ou a) OL o.
Defense O4 05 05] 03 72 33 0.0 04 02 «&) 03 02

(X) Not applicable. (NA) Not available
Note . ‘The five year and the twelve month revisions are the differences. between the month-to-mon nt changes of the preliminary and final estimates. The

monthly averages are the simple averages of the absolute values of the differences for the months 5 for the

durable goods industries are shown in the advance report for the month.

The advance to tinal percent change re

‘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

oe
By

Manufacturers’ Shipments,
Inventories, and Orders

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

February 1999
3-1-(99)-02
For Wire Transmissions 10:00 a.m. E.S.T. March 31, 1999

For Data - (301) 457-4673
For Questions - Kathy Menth or Lee Wentela
(301) 457-4804 or (301) 457-4852

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in February decreased
$8.8 billion or 2.5 percent to $340.5 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a 1.5
percent January increase and is the first decrease since October.
This is the largest decline since the 2.6 percent decrease in April
1995, Excluding transportation, new orders decreased 0.4 percent.
Year-to-date, new orders are 2.8 percent above the same period a
year ago.

Shipments increased $0.9 billion or 0.3 percent to $342.6
billion, following a 0.7 percent January decrease. This is the seventh
increase in the last nine months. Year-to-date, shipments are 2.5
percent above the same period a year ago.

Unfilled orders, down five of the last six months, decreased
$2.1 billion or 0.4 percent to $524.6 billion. This follows a 1.5
percent January increase. The unfilled orders-to-shipments ratio was
2.67, unchanged from January.

Inventories increased $0.2 billion to $465.1 billion. This is
the first increase since October. The inventories-to-shipments ratio
was 1.36, unchanged from January.

New Orders

New orders for manufactured durable goods in February
decreased $9.9 billion or 4,9 percent to $191.8 billion, revised from
the previously published 5.0 percent decrease. This follows a 3.1
percent January increase and is the first decrease since October.

Transportation equipment, down for the first month since
October, had the largest decrease, $7.5 billion or 14.4 percent to
$44.9 billion; all component industries decreased, led by aircraft and
parts. This follows a 13.5 percent January increase. Electronic and
other electrical equipment decreased $3.0 billion or 8.6 percent to
$31.9 billion, “The decrease was mostly due to electronic
components. This follows a 3.1 percent January increase. Primary
metals increased $1.0 billion or 7.0 percent to’$14.6 billion. This
follows a 3.0 percent January decrease.

New orders for nondurable goods increased $1.1 billion or 0.7
percent to $148.7 billion. This follows a 0.5 percent January
decrease and is the third increase in the last four months. Chemicals
and allied products had the largest increase.

Shipments

Shipments of durable goods in February decreased $0.1 billion
or 0.1 percent to $194.0 billion, unrevised from the previously
published 0.1 percent decrease. This is the second consecutive
decrease following seven consecutive increases.

Electronic and other electrical equipment had the largest
decrease, $0.7 billion or 2.2 percent to $32.1 billion. This follows a
0.5 percent January decrease. Industrial machinery and equipment
increased $0.2 billion or 0.7 percent to $36.8 billion, following a 1.0
percent January decrease. Stone, clay, and glass products, up thirteen
of the last fifteen months, increased $0.2 billion or 2.9 percent to
$8.5 billion. This follows a 1.2 percent January decrease.

Shipments of nondurable goods, up three of the fast four
months, increased $1.1 billion or 0.7 percent to $148.6 billion. ‘This
follows a 0.8 percent January decrease. — Chemicals and allied
oducts, up three of the last four months, increased $0.9 billion or

.7 percent to $33.2 billion, following a 3.8 percent January decline.

Unfilled Orders

Unfilled orders for durable goods in February decreased $2.2
billion or 0.4 percent to $500.6 billion, unrevised from the previous!

published 0.4 percent decrease. This follows a 1.5 percent Janu:
increase and is the fourth decrease in the last six months
Transportation equipment, down five of the last six months, had the
largest decrease, $2.3 billion or 0.9 percent to $246.1 billion. This
follows a 2.1 percent January increase. Instruments and related
products, down eleven of the’ last thirteen months, decreased $0.3
billion or 0.7 percent to $47.0 billion. This follows a 0.3 percent
January increase. Primary metals increased $0.4 billion or 1.3
percent to $29.3 billion, following a 2.2 percent January decrease.

Inventories

Inventories of durable goods in February increased $1.0 billion
or 0.3 percent to $294.6 billion, following a 0.6 percent January
decrease. This is the first increase since October. Transportation
equipment, up for the first month since October, increased $0.6
billion or'0.8 percent to $74.4 billion, following a 2.4 percent
January decrease. Electronic and other electrical equipment, up for
the first month since October, increased $0.5 billion or 1.3 percent
to $40.1 billion, following a 0.5 percent January decline. Primary
metals, down for the fifth consecutive month, decreased $0.2 billion
gr 0.8 percent to $24.3 billion, following a 1.0 percent January
ecline

Inventories of nondurable goods, down three consecutive
months, decreased $0.8 billion or 0.5 percent to $170.5 billion,
following a 0.1 percent January decrease. Petroleum and coal
products, down three consecutive months, decreased $0.2 billion or
2.1 percent to $10.0 billion, following a 0.1 percent January decrease

By stage of fabricatior ruary fini
percent in durables and decreased 0.8 per
in process increased 0.1 percent in durables and 0.4 percent in
nondurables. Materials and supplies increased 0.7 percent in
durables and decreased 0.5 percent in nondurables.

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

NOL: “The December shipments and new orders data have been rev

manufacturing. and the market categories.

ised for petroleum and coal products, total nondurable goods, total

he advance report on durable goods for March is scheduled for April 28, 1999 at 8:30 a.m, and the full report on May 5, 1999 at 10:00a.m, Por sale by the Superintendentof Docuntents,
U.S. Goverment Printing Otte, Washington, DC 20402. ‘This report is available on the day of issue through the Depa

(290-442.3470



Nondefense Capital Goods 11
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders
527 shipments | FN ey 77 8
47 F- - -- - 2 > - - - ee ee ee ee ee ee eee eee -+|47

_7
a +442
37 P- ~~ eee ee eee eee eee ------ +37

L 1 1 L L 1 L L L i L L L

Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1997 - Feb. 1999
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
10 10
gb------------------------- 2 2 lee New Orders | Ig
Shipments

Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb
Feb. 1997- Feb. 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
ry change
Feb. Jan. Dec. | Jan- | Dec- | Nov. Feb. Jan. Dee. Feb. Feb.
1999? | 199° 1998 } Feb Jan. | Dec. | 1999° 1999 1998 1998 | 99/98
MATERIALS AND SUPPLIES
All manufacturing industries 154,359 | 154,017 | 154,046 | +0.2 -1.2 | 154,820 | 154,756 | 153,675 | 154,304 +03
Durable goods industries 92,599 | 91,974 +0.7 AS 92,392 | 91,318 | 91,654 +11
Stone, clay, and glass products 31135 | 3,134 00 +011 3146 | 3,164 | 2.961 +6.0
Primary metals 7612 | 7,701 “12 -1.0 7.794 | 8152 | 7,647 “17
Fabricated metal products 10420 } 10,403 +02 24 10,498 | 10,531 | 10,439 03
Industrial machinery and equipment 191986 | 19,997 “0.1 01 19,876 | 19,267 +18
Electronic and other
electrical equipment 15,661 | 15,511 +10 “ld 15,454 ] 15,239 “12
Transportation equipment 15,670 | 15,257 42.7 3.0 15,340 | 14.954 422
Instruments and related products 5127 | 8872 +29 23 81824 | 8,855, 423
Lumber, furniture and
miscellaneous durable goods 10,988 | 11,099 -1.0 -1s | 11,124] 11,460 | 11,156 | 10,846 42.6
Nondurable goods industries . 61,760 | 62,043 “0.5 -0.7 | 62,165 | 62,364 | 62,357 | 62,650 08
Food and kindred products 11361 | 11,409 -0.4 405 | Insti | 11604 | 11340 | 11,415 +08
Tobacco products 4875 | 4,92 -10 14] 5,171 53307 | 3408 | 5,399 42
Textile mill products. . - 2868 | 2,881 05 403 | 2903 | 2880] 2.854 | 3,000 32
Paper and allied products 7,766 | 7,841 “1.0 05 | 7/801 71853 | 7994 | 7,983 23
Chemicals and allied products 15,791 | 15,811 0.1 +14] 15825 | 15,743 | 15612 | 15,224 43.9
Petroleum and coal products 3,102 07. +09 -141 | 3,050 | 21976 | 3,050 | 3,643 | -16.3
Rubber and plastics products. 6805 | 6.843 06 15 | 6857 | 6894 | 6.930 | 6,739 +18
Apparel printing, and publishing =
and leather goods . 9,192 | 9,258 0.7 0.1 9047 | 9,107 | 9,169 | 9,247 22
WORK IN PROCESS
All manufacturing industries 149,071 | 148,806 | 150,590 } +02} -12 | -1.1 | 148,965 | 147,207 | 145,967 | 148,206 +05
Durable goods industries 119,524 | 119,364 | 121246} +01 | -16 | -1.0 | 119,484 | 117,801 | 117,283 | 118,736 +0.6
Stone, clay, and glass products 404 | 1387 37 +16 1,431 1392 1427 +03
Primary metals 81533 | 81567 “15 12} 8395 | 8,509 8,766 42
Fabricated metal products 2... 97067 | 9105} +03 -13 | 81935 | 8,899 8,487 +53
Industrial machinery and equipment 22551 | 22;507 | +0.7 sll | 22;852 | 22,125 23,054 09
Electronic and other
electrical equipment . 13,700 | 13,634 | +0.1 -2.0 | 13,786 | 13,500 14,752 “65
Transportation equipment . . . 48,845 | 50,753 | +04 -10 | 48'898 | 48,409 AT159 43.7
Instruments and related products 9965 | 10,004 | -0.4 0.1 | 9,899 | 9,719 91884 40.2
Lumber, furniture and
miscellaneous durable goods 3,299 | 5,289 03 04 | 5,288] 5,248 3,207 +16
Nondurable goods industries 29,442 | 29344] +04] +03] -15 | 29,481 | 29,406 29,470 0.0
Food and kindred products . 6,029 | 5834] +19] +33 | +19 | “6.253 | 6,352 5,842 47.0
Tobacco products 95 94] -Li] #11 | 422 93 98 107 | -13.1
Festle mull products 2,553 | 2,588 sli] -14 | -13 | 2,526 | 2,561 271 68
Paper and allied products 1,647 165s | +01 | -05 | +48] 1678 | 1,690 1,726 -28
Cipenials and allied products 604 | 8592 | +33] +401 62 | 8867 | 8.461 83354 +611
Petroleum and coal products 2,293 2,348 34 23 42 2,168 2,256 2,677 -19.0
Rubber and plastics products... 2245 | 2232 13] +06] -02 | 2257 | 2279 23300 “19
Apparel printing, and publishing
and leather goods . 5,976 | 6,001 26| 04] +12] 5,639 | 5,709 5,753 2.0
FINISHED GOODS
Ail manufacturing industries 161,654 | 162,050 | 162,162 02) 01 -0.4 | 163,577 | 160,625 | 156,688 | 161,821 +11
Durable goods industries 82,431 | 82,225 | 82358 | +03] -02 0.0 | 84013 | 8141s | 78,814 | 81,978 125
Stone, Clay, and glass products 4,791 4843 | 4,794 “1 | +L0} -03 | 4945 | 4864 ] 4,649 | 4,940 +01
Primary metals 8237 | 8204] 8272 | +04] 08 | +05] 8360} 8222 | 8195 | 8,059 $3.7
Fabricated metal products 11348 | 11,450 | 11,350 09 | +409 | +09 | 11579 | 11344 | 10,828 | 11,265 428
Industrial machinery and equipment 17977 | 18,110 | 18,251 0.7 | 08} -09 | 18,652 | 18255} 17,642 | 19,23: -3.0
Electronic and other
clectrical equipment 10,715 | 10370 | 10,614} +33] -23 | -0.7 | 10,796 | 10,082 | 9,998 | 10,814 -0.2
Transportation equipment 9722 | 9750 | 9.813 03 | -06 | +423] 9/895 | 91503 | 8952] 8845] +119
Instruments and related products roa | 7606} 7499} +08] +14] +08 | 7,600 | 7,288) 7,241 7218 453
Lumber, furniture and
miscellaneous durable goods 11977 | 11892 | 1176s | +07] 4a -13- | 12,186 | 11,857 | 11,309 ] 11,605, +5.0
Nondurable goods industries 79,223 | 79,825 | 79,804 08 00 | -08 | 79,564 } 79,210 | 77,874 | 79,843 03
food and kindred products 20,213 20,220 20,189 0.0 +0.2 -0.7 20,060 19,902 20,550 -2.1
Jubacco products 634 661 709} 41) 68]  -03 801 827 “17
Fextile mill products 4627 | 4,644 | 4,687 04] 09] +02 4625 | 4.402 | 4,636 +13
Paper and allied products 6.658 | 6.692 | 6.777 05 | -13 | 23 6.686 | 6599 | 6 -12
Chemicals and allied products 21,785 22.010 21,882 -10 +0.6 -14 22,010 21,704 40.1
Petroleum and coal products 4714 803 34] +16 | 20 4768 | 4.614 “64
Rubber and plastics products S00 | 4: 92 ox | +05 | +03 7.783 | 7.472 “05
‘Appatel, printing, and publishing
and leather goods 12,962 13,028 13,104 0.5 0.6 0.0 12.490 12,380 11,967 +49

Preliminary. ' Revised

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


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
Feb. Jan. Dec.| Jan] Dec} Nov Feb, Jan. Dec. Feb.| Feb.
1999"] 199° 1998] Feb. Jan} Dec. 1999° 199° 1998 1998] 99/98
All manufacturing industries 524,559} 526,677] 519,038 04 +15 -0.1| 528,854] 530,997] 512,986] $43,505 27
Manufacturing industries
without defense capital goods 429,096 | 429,452] 423,091 0.1 +15 0.3] 432,422] 432,234] 417,273 | 440,260 18
Durable goods industries . 300,606 | $02,787} 495,172] -0.4) +15 0.0] 505,526} $07,600] 490,040] 518,273] = -2.5
Stone, clay, and glass products 6,230 6,249 6,221 03 40.5 04 6,270 6,234 6,071 6375 “16
Primary metals... . 29285] 28.902] 29,554] +13] -22| 05] 30,526] 29,215] 28,847] 36,460] -16.3
Blast furnaces, steel mills 11348} 10991) 11430] 432] 38] = 0.2] 12,010] 11176] 14,035] 15,485] -22.4
fron and steel foundries. . 3395] 5437] sass] -08| 04] 9-24) 5,529] 5.450] 5,352] 5,861 “37
Nonferrous and other pri
metals ween 12,542] 12,474] 12,666] +05]  -15] 40.2] 12,987] 12,589] 12,460] 15,114] 14.1
Fabricated metal products 26,070] 26,109] 25,894] -0.1] +08} 0.2] 26,095] 25,997] 25,434] 26,904] -3.0
Industrial machinery and equipment 75,278| 75,109] 74,458 40.2 +09 +1.9| 76373] 75,953] 74,441] 74,878 42.0
Engines and turbines ..... . 19010] 18,493] 18,082} +28] +423] 485) 19,202] 18,987] 18,725] 12,260) +56.6
Construction, mining and
material handting equipment 9741] 9,815} 9,840} 08] -03] +09} 10,075) 9,923} 9,633] 11,292} -10.8
Metalworking machinery eee 6,691 6,563 6,446 42.0 +18 46 6,691 6,563 6,446 73M 8.5
‘Computer and office equipment . 7888| 8ig4] 8,162] 36] +03) +70] 7,765) 7,929) 7,941 nN -0.1
Electronic and other
electrical equipment 62,380| 62,595] 60,530] -03) +34] +14] 63,685] 64,747] 57,806] 57,826] +10.1
Electrical transmission and
distribution equipment and
industrial apparatus . . 6271 6259] 6359] 40.2) 16} 0.1 6392] 6,252] 6,181 6710] -4.7
Electric lighting and
wiring equipment . . sui7] 5,124] 5,022[ 0.1] #20) 42.1 5117] 5,124] 5,022} 5,172} =
Communications equipment. 17684] 17,186] 17,033} +29] 409] -15] 17,681] 17,177] 17,057] 15,966] +10.7
Electronic components. . 27217| 27.759] 25,858] 2.0] +74] 43.5] 28,152] 29,670] 23,655] 23,426] +20.2
‘Transportation equipment . . . 246,091 | 248,365] 243,205] 0.9] +2.1 07} 247,133] 249,966] 242,584] 257,338] 4.0
Aircraft, missiles,
space vehicles, and parts. 206,502 | 207,714] 204,434 06 +16 2.0] 207,153] 208,979] 204,008] 220,494 6.1
Shipbuilding and tanks ..... 19.761| 20,343] 19373] -29] +50] +80] 19,751] 20,345] 19,322] 18,304) 47.4
Instruments and related products . 46,950] 47,291 47,149 -0.7 +03 0.5} 47,469] 47,707] 47,185 50,406 58
Search and navigation equipment 25,784 26,146 26,260 -14 04 12 26,105 26,428 26,428 29,032 “10.1
Measuring and controlling devices . 10,417 10,308 10,185 +11 +12 +09 10,417 10,308 10,185 10,885 43
Medical instruments and supplies 9,729 9814 9,675 09 +14 -0.2 9,908 10,018 9,586 8885] +115
All other durable goods .......... 8,322 8,167 8,159 +19 +0.1 +0.6 1,975 7,781 7,672 8,086 “14
Nondurable goods industries 23,953 | 23,890] 23,866 403 +0.1 -13] 23,328] 23,397] 22,946] 25,232 15

° 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
Feb.) Jan. Dec} Jan-| Dec-] Nov.-| Feb.] Jan] Dec. | Feb. Feb
1999" } 1999] 1998] Feb. | Jan.} Dec.} 199°] 199°} 1998"] 1998} 99/98 | 1999" | 1998"
All manufacturing industries 340,493} 349,311] 343,982} -2.5] +15] +2.4] 338,009] 325,593] 340,465] 333,699] +1.3] 663,602] 644.625
Manufacturing industries
with unfilled orders... ...{ 194,291] 204,716] 198,307] -5.1] +32) 42.2] 191,637] 191,572] 202,667] 190,760} 40.5]. 383,209] 360.703
without defense capital goods 335,534] 341,293} 336,533] -1.7] +1.4]  +1.9} 333,614) 317.049] 330.127] 328,041] — +1.7] 650,603] 631.739
Durable goods industries 191,794) 201,708] 195,574] -4.9] 43.1} +3.4) 192,508] 188,008} 196,922] 188,167| 42.3] 380.516] 360,305
With unfilled orders : 157,174] 167,533] 161,497) -6.2] +3.7| 43.5} 155,459] 156,820] 166,558] 153.949] +10] 312.279] 297.881
Stone, clay, and glass products 8.437! 8,248) 8,289] +23} -0.5] +1.1) 8,008] 7.282} 7.405] 7.2831 +10.0] 15.290] 14.135
Primary metals . 14,615] 13,660) 14,087) +7.0) -3.0|-3.4) 15,960) 13,954] 13,768} 17/460] -8.6| 29.914] 331453
Blast furnaces, steel mills 5,903) 4,957} 5,331] +191] -7.0) -4.3) 6,606] 5,377] 5.268] 7,360] -102} 11.983] 14.230
Iron and steel foundries 1,482) 1,504) 1,433] -1.5] +50] 8.6 1.6717 1,495) 1,293] 1,905] -123] 3.166] 3.383
Nonferrous and other primary
metals... : . 7,230} 7,199) 7,323 +0.4{ 1.7/1.7] 7,683} 7,082] 7,207| 8,195] -6.2] 14,765] 15,840
Fabricated metal products << - | 20,364] 20,735] 20,460) -1.81 +13) +11] 20,697] 19.120] 19.079] 20,084] +3.) 39'817] 37.846
Industrial machinery and equipment 36,927) 37,164) 38,246] -0.6]  -2.8) +75) 36,049] 31,857] 40,9821 36,109] -0.2| 67.906] 67.210
Engines and turbines 2,864) 2,713] 3,756] 45.6] -27.8] +627} 2.518] 2,156] 4.202] 1808] +327] 4.674) 3.531
Construction, mining and
material handling equipment 3.877] 3,918) 4,082) -1.0) 4.0 46.9) 4,251 3,771] 4,072] 4,823] 11.81 025] 8,935
Metalworking machinery ....... 3,692} 3,629} 3,188) +1.7] +13.8) -10.6( 3,511] 2,811] 3,361] 3,401 43.2 6,322 6,107
Computer and office equipment 10,929} 10,993] 11,558] -0.6] -4.9} +5.6f 9.557] 8.021] 14.761] 9117] +48] 17:78] 16570
Electronic and other
electrical equipment. . -+-+{ 31,879] 34,895] 33,859] -8.6{ +3.1] +6.0} 29,965] 34,752] 34,946] 29,795] 40.6] 64,717] 59,583

Electrical transmission and
distribution equipment and

industrial apparatus : 3.619] 3,527] 3,803] +2.6  -7.3) 47.6 3,830) 3,247] 3,740] 3,996] -4.2] 2,077] 7,71
Electric lighting and
iting equipment poor] 2.212) 2344) 2,537] 5.6) -7.6 +16.9} 2,260] 2,068] 2,725) 2,513] -9.7] 4,337] 4,488
Communications equipment 8114) 8,224] 7,364) -1.3] +11.7] +0.7] 7,385] 6.254] 10,472] 6,890} +72] -13.639] 13,034
Electronic components vos] 12450) 15,211) 14415] -18.2] +5.5] +9.7) 11,226) 18,008] 12,526) 11.253] 0.2] 29.234) 25.076
Transportation equipment 44,877] 52,396] 46,166] -14.4] +135] +25] 47,554] 50,028] 46,056] 44.930] 45.8] 971582] 86241
Aircraft, missiles,
space vehicles, and parts, . 10,776) 15,535] 7,848] -30.6} +979} -21.2} 9,631] 15,041] 11,637] 9,065] 462) 24,672! 21,601
Shipbuilding and tanks 445) 2.014) 2,351] -77.9] -14.3] 211.8] 424) 1,809] 2,420] 674) -37.1 2,233 1,423
Ingruments and related products . ...| 13,753] 14,153] 14113] -28] +03) +14) 13,688] 12'806 15.629] 13,951] -19|  26404| 26366
Search and navigation equipment 2,792) 3,055} 2,926] -8.6{ +44) +081 2,877] 2,728] 3.857] 3,014] 4.5] s.60s] 5407
Measuring and controlling devices 4,295} 4,200] 4,082] +2.3] +29) -0.71 4,304 3,756| 4318] 4,090, $5.2 8,060 7,961
Medical instruments and supplies 4,563} 4,665] 4,770) -2.2] -2.2) +821 4.484} 4.4731 5,067] 4'558| -16 8,957 8,821
All other durable goods 20,942) 20,457] 20,357] +24} +0.5] +3.3) 20,587] 18,209] 19.057] 18:46] +110] 381796] 35.471
Nondurable goods industries ~ | 148,699) 147,603} 148,408] +07] -0.5) +4.11 145,501] 137,585} 143,543] 145,532 0.0] 283,086] 284,320
With unfilled orders : 37,117] 37,183] 36,810) -0.2)  +1.0,  -0.9] 36,178] 34.7521 36.109] 36.820] -1.7] 70,930} 71,822

¥ 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 dolla
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
deralls (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."



Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS
(Millions of dollars)

FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted!

Monthly Percent Change Monthly Percent Year to date
Industry change
Feb. Jan. Dec. | Jan.- | Dec.- | Nov.- Feb. Jan. Dec. Feb. Feb.
199°] 1999] 1998" | Feb. | Jan.| Dec.] 1999} 199°} 1998") 1998 | 99/98 | 1999" | 198"
All manufacturing industries 342,611] 341,670] 344,247] +0.3] — -0.7] +0.8] 340,152] 307,582) 342,295] 333,973} +1.9] 647,734] 632,678
Manufacturing Industries.
with unfilled orders. . 196,409] 197,075] 198,572] -0.3] -0.8] 0.0] 193,780] 173,561] 204,497] 191,043] +1.4] 367,341] 357,756
without defense capital goods 335,890] 334,930] 337,705] +03] -0.8] | +1.0] 333,426] 302,088] 334,709] 327,361]  +1.9] 635,514] 620,821
Durable goods industries. . 193,975] 194,091] 195,531 0.1 -0.7{ +0.4] 194,582] 170,448] 198,280] 188,429) +33) 365,030] 348,366
With unfilled orders 159,355] 159,916] 161,454] -0.4] 1.0] -0.1 157,533] 139,260] 167,916] 154,211]  +2.2] 296,793] 285,942
Stone, clay, and glass products 8,456] 8,220] 8317] +29] -1.2)  +1.0f 7.972] 7,119] 7,402] 7,262] +9.8] 15,091] 13,936
Primary metals 14,232] 14,312) 14,222] -0.6} +06] -0.4] 14,649] 13,586] 12,997) 16,331] -10.3} 28,235} 31,331
Blast furnaces, steel mills. 5,546] 5,396] 5,359] 42.8] +0.7]  -3.5] 5,772 5,236] 4,900] 6,764] -14.7] 11,008] 13,103
Iron and steel foundries 1,524] 1,525] 1,569) -0.1)  -2.8)  +3.6] 1,592) 1,397) 1,323] 1,649] -3.5] 2,989] 2,998
Nonferrous and other primary
metals 7,162) 7,391] 7,294) 3.1] +13] +4.01 7,285] 6,953) 6,774] 7,918] 8.0 14,238] 15,230
Fabricated metal products 20,403] 20,520] 20,523) -0.6] 0.0} +0.5) 20,599] 18,557] 19,152] 19,980] +3.1) 39,156} 37,292
Industrial machinery and equipt 36,758} 36,513] 36,880] +07] -1.0] +0.7) 35,629] 30,345] 40,163] 35,503] +0.4) 65,974] 65,757
Engines and turbines 2,347) 2,302) 2,332) +2.0)-1.3) -3.4) 2,303 1,894) 2,900] 2,118] $8.7 4,197 3,805
Farm and garden machinery 1928} 1,931] 1,761] -0.2) 49.7] +49) 2,279 1,733] 1,270] 2,391] 4.7] 4,012] 4,235
Construction, mining and
material handling equipment 3,951] 3,943} 3,992] +02) -12) -1.1] 4,102) 3,481] 3,849) 4,335] 5.4] 7,583] 8,009
Metalworking machinery + 3,564) 3,512] 3,500} +15] +0.3)  -5.5] 3,383] 2,694) 3,673} 3,263 43.7 6,077 5,945
Computer and office equipment 11,225) 10,971] 11,022) +23) -0.5)  -0.4) 9,721 8,033) 14,670) 8,933) 48.8 17,754) 16,431
Electronic and other
electrical equipment 32,094] 32,830] 33,006] -2.2} -0.5] +1.1) 31,027] 27,811] 36,962] 30,112] +3.0] 58,838] 55,063
Electrical transmission and
distribution equipment and
industrial apparatus 3,607] 3,627] 3,810] -0.6]  -4.8] +5.7] 3,690] 3,176] 3,808) 3,832) -3.7) 6,866] 6,979
Household appliances 2,402] 2,256] 2,240] +65} 40.7] +4.2) 2,343) 1,825] 2,204] 1,988] +179) 4,168} 3,638
Electric lighting and
wiring equipment 2,219) 2,242] 2,434) -1.0] —-7, +78) 2,276) 1,966] 2,622) 2,285) 0.4 4,242 4.243
Household audio and
video equipment . . 1,093 1,155] 1,124] -5.4] 42.8} +10.5] 996] 930) 1,123] 948] 45.1 1,926} 1,758
Communications equipment 7,616} 8,071 7,621 5.6] 5.9) +12) 6,881} 6,134] 10,708) 6,457] +6.6 13,015] 11,399
Electronic components 12,992} 13,310) 13,539) -24) 0 -L.7) 0-1 12,744] 11,993) 14,293] 12,509} +19] 24,737] 23,190
Transportation equipment 47151 47.236] 47.908] -02| -1.4] -0.9] 50.387] 42,646] 46,660] 46.542| +83] 93,033) 83,420
Motor vehicles and parts 31,838] 31,970} 32,169} -0.4) = -0. +19} 35,619) 30,104) 28,329] 33,024] +79) 65,723) 59,124
Aircraft, missiles,
space vehicles, and parts. 41,988] 12,255] 12,043} -2.2) +18) 8.9] 11,457] 10,070] 14,685] 10,640] -+7.7] 21,527] 19,227
Shipbuilding and tanks. . 1,027} 1,084] 914) -1.6} +142] -28.8) 1,018] 786 1,090] 852] +195] 1,804) 1,459
Instruments and related products 14,094} 14,011] 14,371] +06] -2.5) 0-1 13,926] 12,284] 15,423] 13,908 401 26,210} 26,089
Search and navigation equipment 3,154] 3,169] 3,254) -0.5] 2.6) -1.3] 3.200] 2,728] 3,508} 3,061] +4.5] 5,928] 5,618
Measuring and controlling devices 4.186] 4,077] 3,992] 42.7] 42.1) -5.6] 4.195] 3,633] 4.228] 4.228] -0.8] 7,828] 7,929
Medical instruments and supplies 4,648] 4,526] 4,792] 42.7] -5.6] +5.2) 4,594] 4,041] 5,328] 4373] $5.1] 8,635) 8,360
Photographic goods 1,649] 1,786] 1,872] 7.7] -4.6f 4.3) S11] 1,479] 1,909] 1,827) -17.3] 2,990] 3,360
All other durable goods 20,787) 20,449 20,309] +1.7]  +0.7] +2.6] 20,393) 18,100] 19,521] 18,791] +85] 38,493] 35.478
Nondurable goods industries 148,636] 147,579] 148,716] +0.7|  -0.8] +1.4] 145,570} 137,134] 144,015] 145,544] 0.0] 282,704] 284,312
With unfilled orders 37,054] 37,159] 37,118] -0.3] +0.1] +0.3) 36,247] 34,301] 36,581] 36,832) -1.6] 70,548) 71,814
Food and kindred products 41,287] 41,319] 41,585] -0.1}  -0.6| +0.5] 40,141] 38,810} 40,952] 39,466] +1.7) 78,951] 77,629
Meat products 8,588] 8,602) 8,572) -0.2] +03) -1.4) 8,371] 8,069} 8,391] 8,443) 0.9] 16,440} 16,483,
Dairy products 6,606} 6,640) 6,944] -0.5] 4.4) +2.8) 6,440] 6,508] 6.868] 5,857] +10.0] 12,948] 11,492
Beverages 6,269] 6,247] 6,151] +04] +16) +2.0) 5,655] 5,396} 5,753} 5,519] +2.5) 11,051] 10,803
All other foods, except fats and oils | 17,864 17,903] 17,762] -0.2] +0.8) -0.1] 17,715] 16,910] 17,784] 17,482] +1.3) 34,625] 34,601
Tobacco products 4,063) 4,017] 3,817] +11] +5.2] +123} 4.401] 3,820] 3,912) 3.480] +178] 7,921] 6.403
fextile mill products 6.418] 6581] 6,472) -25| 41.7] 0.4) 6.240] 5,769] 5.825] 6,791] 8.1] 12,009 13,074
Broadwoven fabrics and
other textiles 3,706] 3,851] 3,810] -3.8] +11) 1a} 3.671] 3,481] 3,561] 4.242] 13.5] 7,152] 8,143
Paper and allied products 13,657] 13.443) 13,669] +1.6) 1.7] +13) 13,703] 12,931] 13.287] 13.906] -1.5| 26,634] 27.482
Pulp, paper, and
paperboard mill products 5201} 5,177) 5,061] +05] 42.3] +0.) 5,230] 4,983) 4,973] 5,562] 6.0] 10,213] 10.940
Paperboard containers and boxes 3,409] 3.401] 3,593] +02) 5.3] +2.5f 3304] 3.275] 3301] 3,531] 3.9] 6.669] 7,024
Miscellaneous converted
paper products 5,047] 4,865| 501s] 43.7) 3.0) 41.6 5,079] 4,673 4,813 9,752
Chemicals and allied products 33,168] 32,305) 33,581] +2.7]  -3.8) 43.2) 32,627] 30,801 32,013) 63,428
Industrial chemicals 14,706] 14,688) 14.817] +0.1)  -0.9| 42.6) 14.975] 14,104) 15,706 29,079
Drugs, soaps, and toiletries 14607] 13.914] 14791] +50] 5.9] 43.4) 13,829] 13.458) 12416] +114} 27.287
Petroleum and coal products 11,166) 11,037) 11,060) +12} 0.2] 40.2) 1014s] 9.819) 11807] -14.1] 19.964
Rubber and plastics products 13,659} 13,207] 13,400] 43.4) 1.4) +14} 13,802 12,007] 13,334] +4.0] 26.069
All other nondurable goods 25,218] 25,670) 25,132) -1.8} 42.1) 40.4) 24,751 24,068] 24.747 0.0] 47.728

Preliminary 7 Revised

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

sc note at end of table 2 relating t survey error and revision