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

Seasonally adjusted Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change

Apr. Mar. Feb.] Mar-| Feb} Jan Apr. Mar. Feb. Apr.| Apr.
19997} 1999 1999] Apr.| Mar} Feb.] 19997] 1999" 1999 1998] 99/98

All manufacturing industries ... . . 462,963 | 463,578 | 464,198 01 0.1 0.1} 465,318} 462,645] 466,680] 467,122 04
Manufacturing industries

with unfilled orders... . . 309,072] 309,939] 310,711 03 0.0} 311,039} 308,289] 311,232] 313,015 -0.6
without defense capital goods . . 444,652] 445,045] 445418] 0.1 02] 447,019] 444,263 | 447,999] 448,981 -0.4
Durable goods industries 292,260] 293,391] 294,030 04 40.2] 293,901} 292,680] 295,766] 295,053
With unfilled orders ++-+ | 268,132] 268,815] 269,926 03 40.2} 269,688} 267,338] 270,750} 271,433
Stone, clay, and glass products : 9,226| 9,258] 9,263 -03 -13| 9,433] 9,482] 9.499] 9,292
Primary metals... . . ++] 23,625] 23,734] 24176] -05 -11} 23,533} 23,596] 24,258] 24,332
Blast furnaces, steel mills << /--/ | 11'549{ 11/603] 11.776] 05 12} 1311} 11,379] 11,779] 11,667
Tron and steel foundries ...... : 1,615 1,625 1624) -0.6 +06 1,675 1,676 1,652 1611
Nonferrous and other primary
metals 10,461} 10,506] 10,776] -04) 9-25] 1.1] 10,547] 10,541] 10,827] 11,054
Fabricated metal products - | 30,776] 30,819] 30,849] -0.1 0.1 02] 31,091] 31,043] 30,909] 30,954
Industrial machinery and equipment . 60,556] 60,817] 60,673 04 +0.2 0.0} 61,126} 60,438} 61,627} 61,752
Engines and turbines .......... 4347} 4235} 4} 426] 43.0) 403] all 4134) 4127] 4,428
Farm and garden machinery... . . 3,658] 3,731 3,747] 20) 9-04] 0.6] 3,639] 3,981 4,176] 3,649
Construction, mining and
material handling equipment ... . 9,068 9,080 9,097 0.1 0.2 0.0 9,185 9,166 9,256 8,625
Metalworking machinery . . . 8128} 7,995] 7,938] +17) 40.7) 05] = 8,177] 7,824] = 7;867| 7.484
Computer and office equipment . . . 8,920] 9,178] 9,164 28) +402) +13] 9,120} 8,712) 9372] 10,496
Electronic and other
electrical equipment .......... 40,496] 40,356) 40,133] +03) +06) +14] 41,149] 39,982] 40,123] 41,7799] «15
Electrical transmission and
distribution equipment and
industrial apparatus... . . 5317} 5,283] 5,365] 40.6) 9-15] -1 5,333] 5,274] 5,455] 5,456] -2.3
Household appliances . 2,389 2,394 2,399 0.2 0.2 0.2 2,560 2,478 2,486 2,559 0.0
Electric lighting and
wiring equipment ......... 3,943] 3,499] 3,457] +13] +12] 403] 3,585] 3,4a0] 3,441 3445] +4.1
Household audio and
video equipment ......... vee 957 959] 1,006] -02] 47] -1.6 909 896 988 837] +86
Communications equipment ..... | 10,546] 10,591] 9836] -0.4| +77] 43.71 10,758] 10,426] 9,715} 10,726] +03
Electronic components . . - | 14,236] 14,020] 14378} +1.5 25} +24! 14,460] 13,868] 14.401] 15,175 “47
Transportation equipment 72,521} 73,415} 73,972} -12] 08] = +02] 72313] 73,451] = 74,203] 72/593 -04

Motor vehicles and parts .
Aircraft, missiles,
space vehicles, and parts.
Shipbuilding and tanks
Instruments and related products

17,075 17,424 16,978 2.0 42.6 07 17,083 17,735 17,026 16,510 43.5

49,538 50,191 51,068 -13 “17 +02 49,268 49,861 $1,217 50,587 -2.6
., 2,057 1,888 +18 +9.0 +16 2,133 2,130 1,907 1,656 +288
26,788 26,706 26,757 +03 02 +12 27,035 26,453 26,604 26,705 +12

Search and navigation equipment 6,830 6,821 6,730 +0.1 +14 42.5 6,924 6,718 6,661 6,662 43.9
Measuring and controlling devices . 7,971 7,950] 7,986] +03 05] +01 8,058] 7,929] 7,969] 8314 3.1
Medical instruments and supplies 8,660] 8,579] 8,599} +09) 02] +17] 8686] 8456] 8567] 8396] +35
Photographic goods . . : 2,558 2,592 2,691 -13 37 0.1 2,591 2,581 2,661 2,633, “16
All other durable goods. 28,272] 28,286] 28,207 00] +03} 0.3] 28,221] 28,235] 28,543} 27.646] 42.1
Nondurable goods industries 170,703 | 170,187] 170,168 +03 0.0 -0.7| 171,417] 169,965] 170,914] 172,069 0.4
With unfilled orders . . 40,940] 41,124] 40,785 0.4 +0.8 13] 41,351] 40,951] 40,482] 41,582 0.6

Food and kindred products . 37,914 37,699 37,773 +0.6 0.2 +03 37,286 37,277 37,974 36,760 +14

Meat products . . 4,223} 4,187) 4,164] +09] 40.6] 41.7] 4349] 4.266] 4.268] 4.153] 44.7
Dairy products 3,880 3,908 3,967 -0.7 15 +14 3,993 3,894 3,910 3,927 +17
Beverages . . . 8559) 8,506] 8,558] 40.6] 0.6] 941.7] = 8,596} §=— 8,538] = 8.602] 8138] $5.6
All other foods, except fats and oils. 19,471 19,285] 19,252 +10 40.2 0.7] 18,581 18,722] 19,258 18,625 0.2
Tobacco products 5,343 5,363 5,513 04 27 3.0 5,229 5,416 5,947 5,707 8.4
Textile mill products 10,106} 10,080] 10,025] +03} +05} 0.5) 10,343] 10,082} 10,129] 10.482] -13
Broadwoven fabrics an
other textiles 6221] 6,231 6248] -0.2 03] 08] 6,340] 6,202} 6,343] 6,499] 24
Paper and allied products . 15,984] 16,073} 16,078] 0.6 00] -06] 16,182] 16,236] 16.197] 16,609] 2.6
Pulp, paper, and
paperboard mill products ...... 6,498 6,563 6,591 -1.0 0.4 0.4 6,535 6,640 6,700 6,619 13
Paperboard containers and boxes . . 3,923] 3,941 3943} 05] -0.1 -l1] 3,976] 3,989] 3,975] 4,280] «7.1
Miscellaneous converted
Paper products ........... . 5,563] 5,569] 5,544} 0.1] 40.5 0.6} 5,671 5,607] 5,522] 5,710} -0.7
Chemicals and allied products : 46,312] 45,918] 46,295 +09 08 03] 46,845] 46,170] 46,841] 46,137 +15
Industrial chemicals ....... 19,095} 19,157] 19316] 03] =--0.8] = -1.2] 19,093] 19,164] 19,554] 20469] -6.7
Drugs, soaps, and toiletries . . 21,325] 20,898] 21,170] +20} = -13]} +06] 21,640) 20,663] 21,045] 20088| +7.
Petroleum and coal products . . . 10,723) 10,545] 10,040] +17] +5.0/ = -1.9] 10,850] 10,403) 9,724] 11467| +54
Rubber and plastics products . . 16,730] 16,659} 16,710 +0.4 03 04] 16,960] 16,967] 17,095 16,745 +13
All other nondurable goods . . . 27,591| 27,850] 27,734) -09] +04] -1.9] 27,722] 27414] 27,007] 28,162] -1.6

” 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

380 380
New Orders

360} - - --------- +e eee eee reer eee Shipments | 360

340 340

320 320

300} - - ------ +e errr rrr rd 300

280 1 L L L L i L 1 L L L L 1 280

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

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 3.7
2.4 3.6
2.3 1 3.5
2.2 3.4
2.1 3.3
2 43.2
1.9 3.1
1.8 43
1.7 2.9
1.6 2.8
1.5 2.7
1.4 2.6
1.3 2.5
1.2 bo ! Ll ! n ! n ! lL L l ! LI 24

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr
Apr. 1997 - Apr. 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
Apr. Mar. Feb. | Mar- | Feb. | Jan Apr. Mar. Feb. Apr. | Apr.
1999" 1999" 1999 | Apr. | Mar. | Feb. | 1999" 199° 1999 1998 | 99/98
UNFILLED ORDERS
All manufacturing industries... . . 524,516 | 526,656 | 525,999 0.4 +0.1 -0.1 | 530,347 | 528,200 | 529,549 | 541,896 21
Market categories :
Automotive equipment 2479 | 2,508 | 2,526 2] 07] 27] 2510] 2584] 2,621 2,464 +19
Home goods and apparel 9,386 9,314 9,087 +0.8 42.5 42.2 9,454 9,258 9,079 8,228 +149
Consumer staples... . . 2,500 | 2,527 | 2,428 Lb] +4 13] 2291 2306 | 2,196 | 2,043 | +12.1
Machinery and equipment 241,920 | 244,248 | 245,431 10} 05 0.0 | 242,619 | 244,276 | 246,179 | 247,035 “18
Business supplies . 7,030 | 7,036 | 6,922 Ol} +16] -08 | 6997] 6850] 6,686 | 6,776 +33
Construction materials
and supplies... 22... 2.04, 17,937 | 17,841 | 17,746 | +05] +05 | +08] 18,113 | 17,981 | 17,763 | 18,467 “19
Defense products ........ 90,946 | 92,296 | 91,127 AS] 413 -13 | 92,846 | 93,936 | 91,758 | 97,781 -5.0
Other materials, supplies and
and intermediate products . 152,318 | 150,886 | 150,732] +09] +01 | +03 | 155,517 | 151,009 | 153,267 | 159,102 23
Durable goods industries :
Nondefense capital goods* ...... 258,681 | 260,832 | 261,750 08 04 +0.2 | 259,010 | 261,159 | 262,839 | 264,361 -2.0
Excluding aircraft and parts 112,202 | 110,724 | 109,076 413 415 +1.2 | 112,531 | 111,051 | 110,165 ] 105,525 46.6
Defense capital goods * 95,672 | 97,091 | 95,995 AS} +h -13 | 97,769 | 98,850 | 96,664 | 103,135 “52
Durables excluding capital goods | 146,742 | 145,259 | 144,363 +10 +0.6 +0.1 | 149,993 | 144,897 | 146,702 | 148,711 40.9
Miscellaneous series :
Producers’ durable equipment . 281,330 | 284,060 | 285,110 10} -0.4 | 0.4 | 281,821 | 284,242 | 286,645 | 286,839 “17
Household durable goods ... .. 950 5,929 5,652 +04 +49 427 845, 5,798 5,700 5,149 413.5
Information technology industries 40,775 | 40,950 | 40,384 04 +14 +22 | 40,701 40,757 | 40,268 | 39,690 42.5
Health care equipment
and products ............. 9,869 | 9,651 981l | +23] 16] 04] 9,831} 9,309] 9,954] 9,144 475
TOTAL INVENTORIES
All manufacturing industries... . . 462,963 | 463,578 | 464,198 0.1 -0.1 -0.1 | 465,318 | 462,645 | 466,680 | 467,122 -0.4
Market categories :
Automotive equipment . . 8597 | 8772 | 8,516 20} +30} -08 | 8676] 8937] 8570 | 8,372 436
Home goods and apparel 31,138 | 31,410 | 31578 09] 0.5 | -0.8 | 31,407 | 31,193 | 31,434 | 31,553 05
Consumer staples ..... . 74,025 | 73,313 | 73,309] +1.0 0.0 | -02 | 73,831 | 72,630 | 73,478 | 72530 +18
Machinery and equipment 117,807 | 118,433 | 118,149 05 | 40.2] +0.7 | 118,684 | 117,839 | 119,200 | 119,660 -0.8
Business supplies... . 28,367 | 28,261 | 27,965 | +04] +11 15 | 28,627 | 28,190 | 27,779 | 28,253 +13
Construction materials
and supplies. . 28,716 | 28,755 | 28,741 -0.1 -0.4 | 28,960 | 29,007 | 29,050 | 28,687 +10
Defense products 17,957 | 18,168 | 18,365 12 1} +10] 17,955 | 18,019 | 18,267 | 17,808 +08
Other materials, supplies and
and intermediate products ..... . 156,356 | 156,466 | 157,575 0.1 0.7 -0.4 | 157,178 | 156,830 | 158,902 | 160,259 19
Durable goods industries :
I goods... 109,927 | 110,417 | 110,270 04} 40.1 | +05 | 110,685 | 109,409 | 110,960 | 112,065 +12
ircraft and parts 72,236 | 72277 | 71,701 Ol} 408] +409] 73,221 | 71.461 | 72,161 | 73,358 -02
Defense capital goods‘ ..... +. | 18,311 | 18/533 | 18,780 12} -13 | +11 | 18,299 | 18382 | 18,681 | 18141 +09
Durables excluding capital goods 164,022 | 164,441 | 164,980 0.3 03 0.2 | 164,917 | 164,889 | 166,125 | 164,847 0.0
Miscellaneous series :
Producers’ durable equipment . 189,775 | 190,873 | 190,422 0.6 | +0.2 | +03 | 191,075 | 190,251 } 191,541 | 192,023 05
Household durable goods ....... 16,145 16,234 16,279 05 03 1.0 16,209 16,127 16,352 15,758 42.9
Information technology industries . | 32,690 | 32,942 | 32'250 08 421 +2.0 | 33,318 | 32,279 | 32,276 | 34,591 37
Health care equipment
and products ............, 20,200 | 19,892 | 20,057 | +15] 08] 41.1 | 20,395 | 19,645 | 19,961 | 19,285 +58

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

Apr.| Mar.| Feb. | Mar.- | Feb] Jan-| Apr.] Mar. Feb. | Apr. | Apr.
19997} 1999] 1999] Apr.) Mar.] Feb.] 199°] 1999°} 1999] 1998] 99/98 | 1999" | 1998

SHIPMENTS,
All manufacturing industries... . . | 347,558] 349,065] 343,724] -0.4) +1.6] — +0.6] 344,047] 369,208] 341,000] 332,551 43.5] 1,361,837 |1,322,262

Market categories :
Automotive equipment . . 15,635] 16,217] 15,796} -3.6] +27] +1.5| 16,548} 17,844] 17,256] 15,201] +8.9] 65,983] 59,329
Home goods and apparel 20,295| 19,795} 19.741] +2.5| 40.3} -0.2) 19,422] 20,808] 19,763] 18,021] +7.8] 76,766] 72,930
Consumer staples . . ....{- 71,765] 72,057] 70,814] -0.4| +18) +1.7] 69,710) 73,294] 67,997] 66,987 +4.1| 276,377] 266,941
Machinery and equipment . 67,659] 68,018] 65,797} 0.5] +3.4]  -0.2| 65,184] 76,810] 64,180] 61,150]  +6.6| 261,467) 247,384

Business supplies ...... -++-| 25,960] 26,229) 26,020] -1.0] +0.8} +0.6) 26,249} 26,580] 25,461] 25,996] +1.0} 101,942] 99,715

Construction materials
and supplies see 22,739) 22,685] 22,437] +0.2) +1.) +1.9) 22,907) 22,881} 21,548] 21,496 +6.6} 86,558] 82,211
Defense products sees 6,746} 6,912 6,930] -2.4] 0.3] -0.4) 6,428) 7,419 7,001 6,806} 5.6 26,611 26,860

Other materials, supplies an

and intermediate products... . . 116,759] 117,152] 116,189] -0.3]  +0.8}  +0.2) 117,599] 123,572] 117,794] 116,894] +06] 466,133] 466,892
Durable goods industries :
Nondefense capital goods? ......] 54,754] 54,217] 52,772| +1.0] +2.7}  -0.3) $0,797] 62,137] 50,014] 46,966} +8.2] 205,960] 195,011
Excluding aircraft and parts ....] 46,033] 45,653] 44,228] +0.8] +32) -0.4) 42,149) 52,867] 41,929) 39,531] +6.6| 172,849] 166,203
Defense capital goods‘ ........] 6,525] 6,673] 6,729 -2.2)  -0.8 -0.21 6,159] 7,173] 6,754] 6,450) 4.5) 25,580} 25,431

Durables excluding capital goods . | 135,972] 137,402} 134,964]  -1.0 +18} +04 137,880] 146,170] 138,151] 131,543] +4.8) 544,143] 518,831

Miscellaneous series :
Producers’ durable equipment . . . . | 129,570] 130,124] 126,816] -0.4] +2.6] 0.0} 127,729] 144,571] 127,867| 118,802] +7.5] 510,541} 479,258
Household durable goods .......] 10,497] 10,169] 10,279] +3.2] -1.1) +2.2) 10,201] 11,111] 10,162] 8,858] +15.2] 39,939] 35,842
Information technology industries 26,831| 25,972] 25,468] +33] +2.0] -1.5| 22,866] 31,010] 23,214] 20,638] +108] 97,216] 90,747
Health care equipment

and products ...........-. 12,978] 13,075] 12,624] -0.7)  +3.6) +4.5) 12,269] 13,996) 12,146} 11,043) +11.1 49,758} 45,725
NEW ORDERS
All manufacturing industries... . . | 345,418] 349,722] 343,046] -1.2) +1.9] — -1.8) 346,194] 367,859} 339,552} 336,909 +2.8} 1,379,198 ]1,332,600

Market categories :
Automotive equipment . 15,606} 16,200] 15,726] -3.7] +3. +0.3) 16,474) 17,807] 17,200) 15,119) +9.0] 66,088) 59,307
Home goods and apparel «| 20,367] 20,022) 19,940] +1.7] +04) +1.3] 19,618} 20,986] 20,139] 17,763] +104} 77,908] 72,600
Consumer staples ...... ..-{ 71,739 72,156] 70,782] -0.6] +19] +1.5] 69,694] 73,404] 67,713] 67,002 +4.0] 276,405} 266,935
Machinery and equipment 65,331] 66,834] 65,715] -2.2| +1.7} 5.9] 63,527] 74,907] 64,574] 62,685] +1.3] 263,515] 251,676
Business supplies 25,954] 26,343] 25,967] -1.5| +14] 0.3 26,397] 26,744] 25,250] 26,148] +1.0] 102,419} 100,059

Construction materials
and supplies 22,835] 22,781} 22,578| +02] +09} 42.1) 23,039} 23,099] 21,798) 21,767] +5.8] 87,430] 83,053
5,396) 8,081 5,757) -33.2] +40.4) -30.6) 5,339 9,597 4,886) 6,931 -23.0 28,542] 27,095

Defense product
and intermediate products ... . . . 118,190] 117,305] 116,581] +0.8} +0. 1.1] 122,106] 121,315] 117,992] 119,494] +2.2) 476,891] 471,875

Other materials, supplies an

Durable goods industries :
Nondefense capital goods * . . . 52,603] 53,299] 53,233] ’-1.3] +0.1]  -6.4] 48,648] 60,457] 50,791] 47,519]  +2.4| 207,888] 198,15€
Excluding aircraft and parts . 47,511] 47,301] 45,522] +0.4] +3.9] +0.5| 43,629] 53,753] 43,539] 38,934) +12.1] 178,803] 168,55€

Defense capital goods‘ .... 5,106] 7,769] 5,499] -34.3] +41.3] -31.4] 5,078] 9,359] 4,655] 6,813) -25.5| 27,636] 26,35C

Durables excluding capital goods . | 137,455] 138,298] 135,054] -0.6}  +2.41 — -1.3] 142,976] 144,365] 138,078] 134,827| +6.0] 556,891] 524,64C

Miscellaneous series :
Producers’ durable equipment . 126,840] 129,074] 125,786] -1.7| +2.6|  -4.4) 125,308] 142,168] 127,342] 119,911] +4.5] 512,858] 482,982
Household durable goods... . 10,518] 10,446] 10,429] +0.7] +0.2}  +3.9) 10,248] 11,209) 10,311] 8,583] +19.4] 40,623} 35,208
Information technology industries 26,656} 26,538] 26,329] +0.4) +0.8) +1.2| 22,810] 31,499] 24,249) 20,375] +12.0] 98,801} 92,467
Health care equipment
and products ............ -| 13,196] 12,916] 12,580] +22] 42.7] +29) 12,791] 13,351] 12,044] 11,467] +115] 49,964) 46,402

” Preli
"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.

inary. ‘ Revised.

‘Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and m
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and €
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
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 Apr. Mar. Feb. Jan. Apr. Mar. Feb. Jan,
1989" 1999" 1999 1999 1999° 199° 1999 1999
All manufacturing industries ...... 133 133 135 136 2.63 2.64 2.67 2.67
Durable goods industries ...... 1.48 1.48 1s1 151 3.08 3.10 3.15 3.14
Stone, clay, and glass products . 110 1.09 1.10 114 0.77 0.78 0.77 079
mary metals .......... 1.67 1.64 1:70 i 2.12 2.02 2.06 2.02
Fabricated metal products... 2... 130 151 151 151 134 136 136 135
Industrial machinery and equipment . 1.61 1.64 1.65 1.66 222 2:19 247 217
Electronic and other
electrical equipment . . 121 1.22 1.25 1.94 1.94 1,95 191
Transportation equipment : 152 149 1.56 897 9.07 951 955
Instruments and related products... . . 1.88 1:84 1.90 3.35 3.25 338 3.38
Nondurable goods industries ........ 1.14 1.13 1.14 0.63 0.64 0.64 0.64
Food and Kindred products |. 22... | 093 0.90 091 (e) &) (x) (ers)
Tobacco products .... . 131 1.29 1:35 &) () (xX) &)
Textile mill products: . 134 1.58 156 (NA) IA) (NA) (NA)
Paper and allied products . 119 1.20 1.18 (NA) A) (NA) (NA)
Chemicals and allied products |. 138 137 139 &) (x) &) &
Petroleum and coal products 0.83 0.85 089 (X) &) (x) (x)
Rubber and plastics products . . 1.24 1.22 1,22 (x) (X) (Xs) &)

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
Apr. Apr. Apr. Apr.
Apr? | 1998- Apr? | 1998- Apr? | 1998- Apr? | 1998-
Apr) | 1994- | Mar. | Apr. | 1994- | Mar. | Apr.’ | 1994- | Mar. | Apr! | 1994- | Mar.
1999 | 1998] 1999 | 1999 | 1998] 1999] 1999 | 1998 | 1999] 1999] 1998 | 1999
All manufacturing industries... . . (es) 02 02 (xX) 03 03 (xX) 0.0 01 &) 0.0 0.0
Durable goods industries. -........ 0.1 02 02 0.2 04 04 0.1 0.1 01 ®) Ol 01
Stone, clay, and glass products (X) 0.6 04 (Xx) 09 0.6 (X) 0.6 04 (Xx) 0.2 02
Primary metals 0.2 0.6 03 03 1.0 08 02 0.3 02 (X) 0.2 O01
Fabricated metal products aon (X) 02 03 (Xx) 0.3 04 (Xx) 02 03 (Xx) Ol 0.1
Industrial machinery and equipment . 04 03 04 04 04 03 0.4 01 01 (x) 01 0.1
Electronic and other

electrical equipment... . o 0.9 03 05 12 0.9 14 0.2 05 0.6 (x) 0.1 02
Transportation equipment . - : 05 02 07 0.1 05 10 Ou 01 01 &) 01 02
Instruments and related products . . . . (x) 05 06 (x) 13 1S (X) 03 0.4 (X) 01 On
Nondurable goods industries . (x) 0.1 01 (x) 0.1 0.1 (x) 0.2 0.1 (x) 0.1 01
Food and kindred products (X) 0.2 02 (Xx) (Xx) (x) (Xx) (x) (X) (X) 0.2 0.1
Tobacco products... . . (x) 02 0.0 &) (x) &) (x) &) (x) (x) 01 01
Textile mill products . . . . . (Xx) 02 04 (x) | (NA) | (NA) (xX) | (NA) | (NA) (X) 0.1 01
Paper and allied products . . & 03 02 (&) | (NA) | eva) | aay] (va) &) 0.0 Ol
Chemicals and allied products &) 03 02 (x) & (x) (x) (x) ) & 01 Ol
Petroleum and coal products (X) 0.1 04 (x) (X) (X) (Xx) (X) (X) (X) 03 0.7
Rubber and plastics products (x) 0.1 0.1 (x) e9) &) (es) (X) &) &) 0.1 0.1

Capital goods industries :
Nondefense - 0.2 03 03 02 02 05 0.0 O41 0.1 fea) 01 oO.
Defense . 1S 02 04 21 16 34 02 Ol 02 (x) 0.1 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. Th:
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 th
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 REPORT

fen
Ley

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

Manufacturers’ Shipments
Inventories, and Order:

April 1998
M3-1-(99)-0-
For Wire Transmissions 10:00 a.m. E.D.T. June 3, 199

For Data - (301) 457-4673
For Questions - Lee Wentela or Derrick Roy
(301) 457-4804 or (301) 457-4814

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in April decreased $4.3
billion or 1.2 percent to $345.4 billion, the Department of Commerce,
Bureau of the Census reported today. This follows a 1.9 percent
March increase and is the second decrease in the last three months.
Excluding transportation, new orders increased 0.5 percent, the fifth
increase in the last six months. Year-to-date, new orders are 3.3
percent above the same period a year ago.

Shipments decreased $1.5 billion or 0.4 percent to $347.6
billion, following a 1.6 percent March increase. This is the second
decrease this year. Year-to-date, shipments are 3.0 percent above the
same period a year ago.

Unfilled orders decreased $2.1 billion or 0.4 percent to $524.5
billion, following a 0.1 percent March increase. is is the ninth
decrease in the last twelve months. The unfilled orders-to-shipments
ratio was 2.63, down from 2.64 in March.

Inventories decreased $0.6 billion or 0.1 percent to $463.0
billion. This is the sixth consecutive decrease. The inventories-to-
shipments ratio was 1.33, unchanged from March.

New Orders

New orders for manufactured durable goods in April decreased
$4.2 billion or 2.1 percent to $195.2 billion, revised from the
previously published 2.3 percent decrease. This follows a 2.9 percent
March increase and is the second decrease in the last three months.

Transportation equipment had the largest decrease, $5.9 billion
or 12.3 percent to $41.7 billion; all component industries decreased,
led by aircraft and parts. This follows a 4.7 percent March increase.
Stone, tay and eiass products decreased $0.3 billion or 3.0 percent
to $8.3 billion, following a 2.1 percent March increase, Industrial
machinery and equipment increased $1.4 billion or 3.6 percent to
$39.7 billion, following a 3.5 percent March increase. Instruments
and related products, up for the sixth consecutive month, increased
$0.4 billion or 3.1 percent to $14.8 billion.

New orders for nondurable goods decreased $0.1 billion or 0.1
percent to $150.3 billion; decreases in food and kindred products and
paper and allied products more than offset an increase in textile mill
products. This follows a 0.7 percent March increase.

Shipments

Shipments of durable goods in April decreased $1.0 billion or
0.5 percent to $197.3 billion, revised from the previously published
0.6 percent decrease. This follows a 2.0 percent March increase.

Transportation equipment had the largest decrease, $1.5 billion
or 3.0 percent to $47.8 billion; led by motor vehicles and parts, all
component industries decreased except aircraft and parts. This
follows a 3.7 percent March increase and is the largest decrease since
the 6.2 percent decline in June 1998. Primary metals, down eleven
of the last fourteen months, decreased $0.4 billion or 2.5 percent to

$14.1 billion. This follows a 2.0 percent March increase. Industria
machinery and equipment, up for the third consecutive month
increased $0.5 billion or 1.5 percent to $37.5 billion, following a 0.
percent March increase. Electronic and other electrical equipment.
up eight of the last eleven months, increased $0.5 billion or 1.¢
percent to $33.6 billion. This follows a 2.5 percent March increase

Shipments of nondurable goods decreased $0.5 billion or 0.2

rcent to $150.3 billion. This follows a 1.0 percent March increase

‘ood and kindred products decreased $0.8 billion or 2.0 percent tc
$40.8 billion, following a 0.4 percent March increase.

Unfilled Orders

Unfilled orders for durable goods in April decreased $2.1
billion or 0.4 percent to $501.1 billion, revised from the previoush
published 0.5 percent decrease. This follows a 0.2 percent March
increase and is the second decrease in the last three months
Transportation equipment, down ten of the last twelve months, hac
the largest decrease, $6.1 billion or 2.5 percent to $238.5 billion
This follows a 0.7 percent March decrease. Fabricated meta
Products, also down ten of the last twelve months, decreased $0.

illion or 1.0 percent to $25.8 billion. Industrial machinery anc
equipment, up five consecutive months, increased $2.2 billion or 2.6

ercent to $79.0 billion. This follows a 1.8 percent March increase

lectronic and other electrical equipment, up five consecutive
months, increased $0.9 billion or 1.3 percent to $65.1 billion. This
follows a 2.0 percent March increase.

Inventories

Inventories of durable goods in April decreased $1.1 billion o1
0.4 percent to $292.3 billion, following a 0.2 percent March decrease
This is the fifth decrease in the last six months. Transportation
equipment, down five of the last six months, decreased $0.9 billion
or 1.2 percent to $72.5 billion, following a 0.8 percent Marct
decrease. Industrial machinery and equipment, down for the first
time this year, decreased $0.3 billion or 0.4 percent to $60.6 billion
following a 0.2 percent March increase. Primary metals, down for
the seventh consecutive month, decreased $0.1 billion or 0.5 percen
to $23.6 billion, following a 1.8 percent March decrease. Electronic
and other electrical equipment, up for the third consecutive month.
increased $0.1 billion or 0.3 percent to $40.5 billion, following a 0.¢
percent March increase.

Inventories of nondurable goods increased $0.5 billion or 0.2
percent to $170.7 billion, following a slight increase in March
Chemicals and allied products had the largest increase, $0.4 billior
or 0.9 percent to $46.3 billion. This follows a 0.8 percent Marct
decrease. Food and kindred products, up four of the last five
months, increased $0.2 billion or 0.6 percent to $37.9 billion
following a 0.2 percent March decrease.

By stage of fabrication, April finished goods increased 0.2
ercent in durables and decreased 0.3 percent in nondurables. Work
In process decreased 0.7 percent in durables and increased 3."
ercent in nondurables. Materials and supplies decreased 0.6 percen
in durables and 0.5 percent in nondurables.

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

‘The advance report on durable goods for May is scheduled for June 24, 1999 at 8:30 a.m. and the full report on July 2, 1999 at 10:00a.m. For sale by the Superintendent of Documents,
U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through the Department of Commerce's online Economic Bulletin Board (N-8-1)


Nondefense Capital Goods 1
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

New Orders

S2F] - - - - - ff \-- 7-2 ee - Y----- {52

Shipments

47 - ~*~ - ee eee -- --  --- 447

42; ------------------------------ +--+ +--+ 442

87 Po eee ee eee -- +--+ eee --------- 437

L 1 L 1 1 L L 1 L L 1 dL 1
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr
Apr. 1997 - Apr. 1999

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

10 10
a New Orders] J
Shipments

4 ko 1 | L ! Ll \ lL ! Ll L Ll Ld 4
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr

Apr. 1997 - Apr. 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
Apr. Mar. Feb. | Mar- | Feb- | Jan Apr. Mar. Feb. Apr. ‘Apr.
1999" | 199° 1999 | Apr. | Mar. | Feb. | 1999 | 1999" 1999 1998 | 99/98
MATERIALS AND SUPPLIES
All manufacturing industries 152,477 | 153,388 | 153,939 0.6 0.4 0.0 | 152,000 | 152,705 | 154,371 154,280 “1S
Durable goods industries .. . . 91,718 92,298 92,436 0.6 -0.1 +0.5 90,999 91,271 92,448 91,738 0.8
Stone, clay, and glass products . 3,181 3,194 3,136 0.4 +18 +0.1 3,149 3,163 3,134 2,953 +6.6
Primary metals... . . 7,470 7,578 7,590 14 0.2 -14 7,215 7,307 7,497 7,618 53
Fabricated metal products . 10,351 10,412 10,429 -0.6 -0.2 +02 10,280 10,381 10,406 10,590 -2.9
Industrial machinery and ‘equipment 20,118 20,304 19,989 09 +16 0.0 20,058 20,070 20,089 19/903 +0.8
Electronic and other
electrical equipment ........... 15,532 15,607 15,636 05 0.2 40.8 15,611 15,423 15,534 15,636 0.2
Transportation equipment . . 15,042 15,041 15,552 0.0 33 +19 15,014 15,065 15,648 15,287 18
Instruments and related products 9,128 178, 9,130 0.5 +05 42.9 9,197 9,142 9,029 310 12
Lumber, furniture and
miscellaneous durable goods .. 10,896 10,984 10,974 08 40.1 “Ld 10,475 10,720 M1 10,441 +03
Nondurable goods industries . 60,759 61,090 61,503 0.5 0.7 61,001 61,434 61,923 62,542 25
Food and kindred products 11,285 11,392 11,315 09 +0.7 11,327 11,508 11,441 11311 +0.1
Tobacco products .. . 701 711 809 0.2 2.0 4,702 4,827 $5,113 035 6.6
Textile mill products . 2,819 2,845 2,869 0.9 08 2,865 2,883 2,906 3,026 5.3
Paper and allied products . 7,713 7,762 7,772 0.6 01 7,766 7,807 7,801 8,076 3.8
Chemicals and allied products . 15,624 15,516 15,661 +0.7 0.9 15,662 15,488 15,712 15,234 +28
Petroleum and coal products 164 3,195 3,115 1.0 42.6 23; 3,267 3,057 3,483 -71
Rubber and plastics products. 6,765 6,761 6,830 40.1 -10 6,782 6,774 6,888 6,749 +0.5
Apparel, printing and publishing
and leather goods ........... 8,688 8,908 9,132 2.5 25 8,660 8,880 9,005 9,628 10.1
WORK IN PROCESS
All manufacturing industries 148,698 | 148,395 | 148,707 +0.2 01 148,981 147,292 | 148,767 | 150,409 0.9
Durable goods industries ......... 117,796 | 118,609 | 119,250 0.7 01 118,022 | 118,080 | 119,390 | 120,869 24
Stone, clay, and glass products . 1,351 1,321 344 423 43 1,410 1,404 1,424 7362 43.5
Primary m¢ 8,142 8,228 8,426 1.0 13 8,179 8,278 8,447 8,718 6.2
Fabricated metal products . 8,890 9,00: 9,061 13 0.1 8,858 8,977 8,922 8,977 -13
Industrial machinery and equip ent 22,217 22,196 22,654 +01 40.5 22,328 21,876 22,861 22,5 952 27
Electronic and other
electrical equipment . 14,136 13,868 13,733 +19 40.2 14,342 13,731 13,782 15,039 46
Transportation equipment 47,723 48,781 48,779 22 0.1 47,407 48,669 48,702 48,445 24
Instruments and related pt 9,944 9,931 998 +0.1 +03 10,067 9,867 9,996 10,048 +0.2
Lumber, furniture and
miscellaneous durable goods . . 5,393 5,279 5,255 +22 0.8 5,431 5,278 5,256 5,328 +19
Nondurable goods industries 30,902 29,786 29,457 43.7 +0.1 30,959 29,212 29,377 29,540 +48
Food and kindred product 6,622 6,168 6,151 +74 +2.0 421 6,000 6,270 466 +175
Tobacco products ... 84 92 93 8.7 21 76 92 91 in -30.9
Textile mill products . 2,545 2,526 2,518 +08 14 2,568 2,509 2,516 2,719 5.6
Paper and allied products oa 1,627 1,650 1,650 14 +0.2 1,647 1,675 1,687 1,678 18
Chemicals and allied products .... 9,086 8,728 8,762 +41 +18 9,173 8,536 8,724 8,615 +6.5
Petroleum and coal products 2,574 2,452 2,241 +5.0 22 2,628 2,434 2,190 2,724 3.5
Rubber and plastics products 2,297 2,275 2,225 +1.0 09 2,289 2,293 2,263 2,223 +3.0
Apparel, printing an Publishing ©
and leather goods ........ 6,067 5,895 5,817 42.9 27 6,157 5,673 5,636 6,005 425
FINISHED GOODS
All manufacturing industries 161,788 | 161,795 ] 161,552 0.0 +02 -0.3 | 164,337 | 162,648 | 163,542 | 162,433 +12
Durable goods industries . . sees 82,746 82,484 82,344 +0.3 +02 +0.1 84,880 83, 333 83,928 82,446 +3.0
Stone, clay, and glass products Lt 4,694 4,74 4.783 “1.0 -08 -12 41874 4,941 4977 21
Primary metals ........ 8,013 7,928 8,160 +11 2.8 0.5 8,139 Zoli 8314 7,996 +18
Fabricated metal products 11,535 11,402 11,359 412 +0.4 0.8 11,953 11,685 11,581 11,387 +5.0
Industrial machinery and equipment 18,221 183317 18:030 0.5 +16 04 18,740 18,492 18,677 18,897 0.8
Electronic and other
electrical equipment .... 10,828 10,881 10,764 -0.5 +11 43.8 11,196 10,828 10,807 11,104 40.8
Transportation equipment . 9,756 9,5! 9,641 +17 0.5 -ll 9,85 9,717 9,853 8,861 +116
Instruments and related products . 7,716 7,597 7,629 +16 0.4 +03 7771 7,444 7,579 7,347 +58
Lumber, furniture and
miscellaneous durable goods ... . 11,983 12,023 11,978 03 +04 +0.7 12,315 12,237 12,176 11,877 43.7
Nondurable goods industries . 79,042 79,311 79,208 03 +0.1 0.8 79,457 79,319 79,614 79,987
Food and kindred products 20,007 20,139 20,307 0.7 0.8 +04 19,538 19,769 20,263 19,983
Tobacco products . 558 560 6ll 04 8.3 16 451 497 743 562
Textile mill products . 4,742, 4,709 4,638 40.7 +15 0.1 4,910 4,690 4,707 4,737
Paper and allied products . 6,644 6,661 6,656 0.3 40.1 0.5 6,769 6,754 709 6,855
Chemicals and allied products | . 21,602 21 674 21,872 0.3 0.9 0.6 22,010 22,146 22,405 22,288
Petroleum and coal products 4,985 898 4,684 +18 4.6 39 4,985 202. 2477 5,260
Rubber and plastics products . 7,668 7,623 7,655 +0.6 0.4 05 88° 7,900 7,944 7,773
Apparel, printing and publishing
and leather goods ............. 12,836 13,047 12,785 16 +2.0 -19 12,905 12,861 12,366 12,529

° Preliminary. ‘ Revised.

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


Table 3. VALUE OF MANUFACTURERS’
(Millions of dollars)

UNFILLED ORDERS FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Apr. Mar. Feb.]| | Mar-| Feb] Jan. Apr. Mar. Feb. Apr.| Apr.
1999" 1999 1999]  Apr.] Mar] Feb. 1999" 1999" 1999 1998] 99/98
All manufacturing industries . . 524,516} 526,656 | 525,999 04} +0.1 -0.1| 530,347] 528,200} $29,549] 541,896] 2.1
Manufacturing industries
without defense capital goods .... . 428,844 | 429,565] 430,004 0.2 0.1 40.1] 432,578] 429,350] 432,885] 438,761 “4
Durable goods industries ....... 501,095 | 503,182] 502,108 04 +0.2 0.1] 506,772] 504,906] 506,205] 516,207 18
Stone, clay, and glass products . 6210] 6287] 6,197 12] +15 0.8] 6,294] 6,383 6219] 6,451 24
Primary metals .......... 29,933| 29,313] 29.279] +21] +01] +13] 31,207] 30,755] 30,591] 35,152] -11.2
Blast furnaces, steel mills 11833] 11,500] 11,320] +29] +16] = +3.0] 12,495] 12,201] 12,003] 14,884] -16.1
Iron and steel foundries. 5154] 5,102] 5,283] +10] 3.4] -2.8] 5,297 5,309] 5,427 5,975] -11.3
Nonferrous and other
metals 12,946] 12,711] 12,676} 41.8} = 40.3) = +1.6] 13,415] 13,245] 13,161] 14,293 “6.1
Fabricated metal products | 25,847] 26,114] 26,139 10} 0.1] 40.1] 25,929] 26,179] 26,158] 27,273 49
Industrial machinery and equipment . | 78,969) 76,756] 75,390) +29] 41.8] +04) 79,130) 77,018) 76,463) 74,365) 46.4
Engines and turbines ..... : 22,467} 20,432) 19,111] +100] +69] 43.3] 21,881] 20,182] 19,299] 11,551] +89.4
Construction, mining and
material handling equipment .. . . 9415] 9,494] 9,705 -0.8 2.2 od 9,838} 9,986] 10,068] 11,691] -15.8
Metalworking machinery oe 6,802 6,619 6,691 42.8 “ld +2.0 6,802 6,619 6,691 7,420 83
Computer and office equipment . . . 8,004 8,189 7,910 23 43.5 33 7,924 7,944 7,168 7,774 HO
Electronic and other
electrical equipment 65,098 64,243 63,011 +13 +2.0 +0.7 67,009 62,668 63,887 59,883} +11.9
Electrical transmission anc
distribution equipment and
industrial apparatus ........... 6356] 6339] 6,280] +03] +091 +03 6,482] 6,463] 6,399] 6,540] -0.9
Electric lighting and
wiring equipment ....... 5,360 5,177 5,156 435 +04 +0.6 5,360 5,177 5,156 $,222 42.6
Communications equipment . 18,005 18,042 17,682 0.2 42.0 42.9 17,988 18,042 17,694 16,433 +9°5
Electronic components . . 29,285] 28,556] 27,772| +26] +28 0.0| 31,087] 26,765] 28,251] 25,301] +229
Transportation equipment 238,472 | 244,575 | 246,284 25 0.7)  -08| 240,281] 246,335] 247,072} 255,679} — -6.0
Aircraft, missiles,
space vehicles, and parts. 199,701 | 204,756 | 206,485 25 08 -0.6] 201,399] 206,175] 206,886} 220,510 87
Shipbuilding and tanks 20,558] 20,791] 19,881 li] +46 -23| 20,536] 20,761) 19,855] 17,818] +15.3
Instruments and related products .... | 47,853] 47,271] 47,422| #12, 03] +03] 48,235] 47,329] 47\845| 49,595 27
Search and navigation equipment 26,574] 26,238} 26,229 +13 0.0 +03] 26,990] 26,578] 26,485] 28,584 5.6
Measuring and controlling devices . 10,542] 10,451] 10,404] +09] +05] + +0.9] 10,542] 10,451] 10,404] 10,582 04
Medical instruments and supy 9.828] 9610} 9,770) +23 -16 04] 9,791 9270} 9,916] 9,103] $7.6
All other durable goods .... . 8,713] 8623) 8386] +10) +28) 42.7) 8687] 8.239) 97,970) 7,809] +112
Nondurable goods industries .. . . 23,421] 23,474] 23,891 02 “17 0.0) 23,575} 23,294] 23,344] 25,689 8.2

” 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
Apr.|  Mar.| Feb. | Mar-| Feb-| Jan-] Apr.| Mar.] Feb. | Apr. | _—_ Apr.
19997} 1999'] 1999] Apr.| Mar.| Feb.] 19997] 1999] 1999] 1998] 99/98 | 19997] 1998
All manufacturing industries... . . 345,418] 349,722] 343,046] -1.2| +1.9] — -1.8] 346,194] 367,859] 339,552] 336,909]  +2.8] 1,379,198 ]1,332,600
Manufacturing industries
with unfilled orders 197,235] 200,026] 196,108] -1.4] +20] -4.2} 195,840] 212,068] 192,899] 191,635] +2.2} 792,379] 763,638
without defense capital goods . 340/312] 341,953] 337,547] -0.5] +1.3) 1.1] 341,116] 358,500] 334,897] 330,096] —_+3.3] 1,351,562 1,306,250
Durable goods industries ........ 195,164] 199,366] 193,786] -2.1] | +2.9| — -3.9] 196,702] 214,181] 193,524) 189,159]  +4.0] 792,415] 749,146
With unfilled orders 160,383] 163,552] 158,890] -1.9] +2.9] — -5.2| 159,545] 175,229] 156,438] 154,569] +3.2] 648,032] 616,604
Stone, clay, and glass products 8,325] 8,584] 8.404] -3.0] 42.1] +1.9] 8,477] 8,582] 7,946) 8, +45] 32,287] 30,014
Primary metals : 14,767] 14,539] 14,601] +16] -0.4] +6.9) 15,132] 15,406] 16,011] 15,576] 2.9] 60,503] 64,605
Blast furnaces, vives] 5,815] 5,817] 5,882] 0.0] 1.1] +18.7] 5,986] 6,103] 6,603] 6,091] 1.7] 24,069] 26,922
Iron and steel foundries ...... 1549] 1,367] 1,373} +133} -0.4) -8.7] 1,567] 1,537] 1,564] 1,484] $5.6] 6,163] 6,748
Nonferrous and other primary
metals ............0. 7,403) 7,355] 7,346] +0.7) +01) +2. 7,579] 7,766} 7,844} 8,001 5.3] 30,271) 30,935
Fabricated metal products --] 20,228] 20,391] 20,421] -0.8]  -0.1] 1.5] 20,373] 21,295] 20,746] 20,228] +0.7) 81,534] 78,538
Industrial machinery and equipment . | 39,726] 38,338] 37,037] +3.6| +35] -0.3) 37,966] 44,134] 36,232) 35,252) +7.7| 150,189] 145,875
Engines and turbines .......... 4372] 3,605] 2,930] +213] +23.0) +8.0| 3,932] 3,488] 2,603) 1,991] +975} 12,179] 7,546
Construction, mining and
material handling equipment . . 3,897| 3,928] 3,880) -0.8) +12) -1 3,890] 4,535] 4,240) 4,232! 8.1] 16,436] 18,207
Metalworking machinery --| 3,599) 3,392] 3,673] 46.1] -7.7] +12 3,339] 3,624] 3,511} 3,227] 43.5] 13,285] 13,201
Computer and office equipment ...} 11,627] 11,363} 10,921] +23] +4.01 -0.7] 9,287) 14,648] 9,637] 8,538] +8.8] 41,593] 39,161
Electronic and other
electrical equipment ...... 34,424] 34,264) 32,651] +05] +49) -6.4| 35,346] 34,282) 30,336] 31,784] +11.2) 134,716] 122,700
Electrical transmission and
distribution equipment and
industrial apparatus ......... 3,757] 3,837) 3,646) -2.1) +5.2) +34) 3,722] 4,220] 3,823) 3,361) +10.7] 15,012] 14,501
Electric lighting and
wiring equipment ......... 24481 2,335] 2,266] +4.8] +3.0] -3.3) 2,351] 2,543) 2,318] 2,235] $5.2] 9,280) 9,108
Communications equipment 8,159] 8409] 8130) -3.0] +34) Ll] 6,979] 9,556] 7,393] 5,749] +21.4) 30,182] 27,224
Electronic components . 14,298] 13,956] 13,070] +2.5] +6.8) -14.1] 16,987] 12,273 11,466] 15,600] +8.9) 58,734] 51,975
Transportation equipment 41,701] 47,558] 45,421] -123]  +4.7] -13.3] 43,646] 53,049] 47,632) 46,284) -5.7) 194,355] 178,945
Aircraft, missiles,
space vehicles, and parts. 7,194] 10,369] 10,978] -30.6] 5.5] -29.3) 7,161] 12,352) 9,641] 12,872] -44.4) 44,195] 44,687
Shipbuilding and tanks 717| 1,993] 433] -64.0] 360.3] -78.5] 714] 2,026] 389) 562] 427.0] 4,938 942
Instruments and related products 14,847] 14,402] 14,177] 43.1] +1.6 40.2} 14,441] 15,222] 14,012] 13,072] +105] 56,481] 53,962
Search and navigation equipment 3,460) 3,186] 3,177] +86] +03) +4. 3,402} 3,513] 3,194] 2,620] +29.8} 12,837] 11,14
Measuring and controlling devices .| 4,145] 4,142) 4,237] +0.1]  -2.2| +09} 3,916] 4,498] 4,245] 3,702] +5.8] 16,415] 15,943
Medical instruments and supplies 4,992| 4,802] 4,606] +4.0] +43) -1.3} 4,980] 4,815] 4,492) 4,559] +9.2) 18,760) 18,127
Alll other durable goods . 21,146] 21,290] 21,074] -0.7) +1.0] +3.0] 21,321] 22,211) 20,609] 18,854) +13.1] 82,350] 74,503
Nondurable goods industries 150,254] 150,356] 149,260] -0.1] +0.7] +1.1] 149,492] 153,678] 146,028] 147,750] +12] $86,783] 583,454
With unfilled orders .. . . 36,852] 36,474] 37,218] +1.0] -2.0] +0.1] 36,295] 36,839] 36,461] 37,066) -2.1] 144,347] 147,034

” 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
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

panel is not a probability sample, estimates of sampling error cannot be calculated. F
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-
"Manufacturers’ Shipments, Inventories, and Orders: 1987-1996."

which includes errors of coverage, response, and nonreporting. Since the survey


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
‘Apr.| Mar.} Feb. | Mar-} Feb.-| Jan-| Apr.] Mar. | Feb. | Apr. | Apr.
1999°} 1999°| 1999] Apr] Mar.] Feb. 1999" | 1999°| 1999] 1998] 9998] 1999" | 1998
All manufacturing industries .. .. . 347,558] 349,065] 343,724] -0.4| +1.6] —+0.6| 344,047 369,208] 341,000] 332,551) — +3.5) 1,361,837 1,322,262
Manufacturing Industries
with unfilled orders .......... 199,375] 199,369] 196,786] 0.0] +1.3| —-0.1| 193,693| 213,417] 194,347] 187,277] +34) 775,018] 753,30¢
without defense capital goods ... | 341/033] 342,392| 336,995] -0.4] +1.6| +0.6| 337,888] 362,035] 334,246] 326,101] — +3.6] 1,336,257 |1,296,831
Durable goods industries 197,251 198,292] 194,465] -0.51 +201 +0.2| 194,836] 215,480] 194,919] 184,959] +5.3} 775,683] 739,27:
With unfilled orders 162,470] 162/478] 159,569] 0.0] +18) -0.2] 157,679] 176,528] 157,833| 150,369] +4.9] 631,300] 606,731
Stone, clay, and glass products. 8402] 8494] 8456] -1.1] +04) +29] 8,566] 8,418] 7,961] 8,113] +5.6] 32,064) 29,73¢
Primary metals 6... 2... : 14147] 14,505} 14224] -25] 42.0, 0.614.680] 15,242] 14,635] 16,098] -8.8] 58,143] 63,79
Blast furnaces, steel mills 5,482] 5,637] 5553| -2.7] +15] +29] 5,692) 5,905 5,776] 6,583] -13.5} 22,609] 26,3
Iron and steel foundries : 1497] 1548) 1/527) 33 +14) +0.) 1,579] 1,655) 1,587] 1,602) -1.4] 6,218] 6,24
Nonferrous and other primary
metals... 7,168} 7,320] 7,144] 2.1] +25) -3.3] 7,409) 7,682) 7,272| 7,913) -6.4) 29,316] 31,141
Fabricated metal products “} 20495] 20,416 20'391] +041 +01] -0.6 20,623| 21,274] 20,585] 19,748] +44) 81,039] 77,61:
Industrial machinery and equipment | 37,513] 36,972| 36,756 +15] +0.6 +0.7} 35,854) 43,579] 35,722) 35,439] +12) 145,500] 144,93:
Engines and turbines... . . 2337) 2/284] 2.312) +23) 1.2) +0.4f 2,233] 2,605 2,291) 2,024) +103) 9,023) 8,52!
Farm and garden machinery 1932) 2003} 1941] 3:5 +321 +05) 2,685] 2,757] 2,275] 2,969] -9.6{ 9,450] 9,96
Construction, mining and
‘material handling equipment 3,976} 4,139} 3,990 3.9] +3.) +12] 4,038] 4,617] 4,095] 4,275] -5.5] 16,231] 16,88:
Metalworking machinery 3416] 3,464] 37545] -1.4)  -2.3] 40.9] 3,156) 3,696] 3,383] 3,271) -3.5) 12,929] 12,93:
Computer and office equipm 11812] 113084] 11/195] +66) -1.0] +2.0| 9,307] 14,472] 9,798] 8,420) +10.5) 41,610) 39,01"
Electronic and other
electrical equipment ........ 33,569] 33,032| 32,235] +1.6| +25] -1.8] 31,005] 35,501] 31,196] 27,883] +11.2] 125,513] 116,12
Electrical transmission and
distribution equipment and
industrial apparatus . . 3,740] 3,778] 3,625 1.0] +42] -0.1] 3,703] 4,156] 3,676) 3.4791 46.4) 14,711] 14,47
Household appliances . 2407} 2/338] 2,405] +3.0 -2.8] +66] 2,399] 2,573 2,346) 2,006] +19.6] 9,143) 7,89
Electric lighting and
wiring equipment . 2,265] 2,314| 2,234] -2.1] +3. -0.4) 2,168| 2,522) 2,286] 2,155] +0.6] 8,942] 8,81
Household audio and
video equipment . . ...[ 1084] 1,031] 1046] 45.1] 1.4} -9.4) 920] 991] 952} 891] $3.3 3,793] 3,67
Communications equipment .. . 8196} 8,049] 7,634] +18) +54 -5.4] 7,033) 9,208] 6,876] 5,757] +22.2| 29,251) 25,12
Electronic components 13,569] 13,172] 13,057] +3.0]  +0.9} -1.9] 12,665) 13,759] 12,885] 11,664) +8.6) 51,302) 48,21
Transportation equipment . . 47304] 49.267] 47,502] -3.0] +3.7| +0.6 49,700] 53,786] 50,526] 45,528) +9.) 196,658] 177,78
Motor vehicles and parts 32.257] 33-.281| 32.118] -3.1| +3. +0.5| 34,449] 36,601] 35,628] 31,657] +8.8] 136,782) 123,73
Aircraft, missiles,
space vehicles, and parts. 12,249] 12,098] 12,207 -09| 0.4] 11,937] 13,063] 11,734) 10,768] +10.9] 46,804) 42,29
Shipbuilding and tanks... . . '950| 1,083) 895 421.0} -143) 939] 1,120} 879} 1,092] -14.0) 3,724] 3,55
Instruments and related products . 14,265] 14,553] 14,046] 43.6 +02) 13,535| 15,738] 13,874] 13,226] 42.3] 55,431] 54,49
Search and navigation equipment 33124) 3,177] 3,094 +27] -24{ 2'990] 3,420] 3,137] 2,966, +0.8] 12,275) 11,75
Measuring and controlling devices 4,054) 4,095] 4,141 <1} +16 = 3,825] 4451] 4.149} 3,844] -0.5) 16,058] 16,21
Medical instruments and supplies 4774) 4,962] 4,650 4671 +27] 4.459] 5,461] 4,594] 4,135] +7.8[ 18,555] 17,44
Photographic goods .... 1820 1,832] 1,653 +108} 7.4) 1.754) 1,903] 1,511] 1,844] -4.9] 66471 _7,2€
All other durable goods ... . . 21,056] 21,053} 20,855 +09] +2. 20,873) 21,942] 20,420] 18,924] +103] 81,335] 74,78
Nondurable goods industries . . 150,307] 150,773] 149,259] -0.3) +10} +1.1] 149,211} 153,728] 146,081] 147,592) +11) 586,154) 582,9E
With unfilled orders 36.905] 36891] 37.217] 0.0} -09| +02] 36,014] 36,889] 36,514) 36,908] 2.4] 143,718] 146,5€
Food and kindred products 40.816| 41,659] 41.479] -2.0| +04, +04) 39,806] 42,543] 40,346] 39,670] +0.3] 161,505) 158,5¢
Meat products . . 8592] 8588] 8,590] 0.0, 00] -0.1) 8433] 8,590] 8,337] 8,562) -1.5| 33,429) 33,7"
Dairy products . 6.144] 6667 6.591] -7.8| +12) -0.7] 5,866] 6,911] 6,408) 5,769] +1.7] 25,693) 23,4¢
Beverages . ‘| 6337] 6.263} 6272| +12] -0.1] +04] 6.370! 6,183] 5,658] 6,071) +4.9) 23,607) 22,7:
All other foods, except fi fats and oils | 17.922] 18189] 18068] -1.5] 40.7] +0.9} 17,316) 18,907] 17,985] 17,203) +0.7) 71,118] 70,1¢
Tobacco products’ . 4091} 4149] 4088] -1.4] +15] +18] 3,841] 4,491) 4,069] 3,215] +195] 16,221) 13,1)
Textile mill products . . 6573] 6363] 6,426] +33) 1.0, -2.4) 6,328| 6,734] 6,268) 6,486, -2.4] 25,099] 26,
Broadwoven fabrics and
other textiles 3,811] 3,617] 3,694 45.4] -2.1] -4.1] 3,701] 3,966] 3,680] 3,946] -6.2| 14,828] 16,8
Paper and allied products . 13304] 13,404] 13662] 0.1] -1.9} #1.6 13,155] 13,495) 13,749] 13,717) -4.1] 53,330] 55,28
Pulp, paper, and
paperboard mill products ..... 5,082} 5,102] 5,236 -0.4]  -2.6/ +11] 4,989] 5,159] 5.2651 5,341] -6.6] 20,396) 21,8
Paperboard containers and boxes 3281] 3267] 37368 +04) -3.0 -1.0) 3,295] 3,299] 3,386) 3,626, -9.1] 13,255) 14,3:
Miscellaneous converted
paper products........... 5,031) 5,035] 5,058] -0.1|  -0.5) +4. 4,871] 5,037] 5,098] 4,750) +2.5] 19,679) 19,1
Chemicals and allied products 33,563] 33,577| 33,196] 0.0] +1.) +2.8] 34,974] 35,471] 32,585) 33,541] $3.1] 133,431] 1313:
Industrial chemicals . . 14334] 14:587] 14670] -04) -0.6 0.1 14.869] 15,120] 14,938] 15,332] -3.0) $9,031] 62,0
Drugs, soaps, and toiletries. 15130] 14,945] 14,690] +12] +17] +5.6| 14,378] 15,721) 13,883] 12,686) +13.3) 57,440) 51.9
Petroleum and coal products . 12857] 12/380] 11,262] +39] +9.9] 42.0] 13,033) 11,434] 10,137] 12,725) +24) 44,423) 48,2
Rubber and plastics products. 13,460] 13-708| 13,718] -18] -0.1] +39 13,920] 14,404) 13,907] 13,636) +2.1) $4,438] 52,8
All other nondurable goods . . 25/583) 25:533| 25,428] +0.1| +04] -0.9] 24,554] 25,156] 25,020] 24,602] -0.2} 97,707) 96,5

T Preliminary. * Revised.

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