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

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
Oct. Sept. Aug.| Sept-| Aug] July- Oct. Sept, Aug. Oct.| Oct.
1992P 1992" 1992 Oct. Sept. Aug. 1992P 1992" 1992 1991] 92/91
All manufacturing industries ...... 383,827] 384,390] 385,596 01 03) +05] 384,066] 383,105] 386,989] 388,727 12
Manufacturing industries
with unfilled orders 255,356| 256,394] 257,644 04 05] +04] 254,825] 255,625] 259,787] 264,922 38
without defense capital goods 352,279| 352,792] 352,691 Ol 0.0] +08} 351,958] 351,265] 353,454] 350,657] +04
Durable goods industries . 239,417] 240,550] 242,036 0.6] +03] 239,289] 239,697] 243,425] 249,622 4d
With unfilled orders .. 221,126} 222,211) 223,683 0.7) +03) 221,141] 221,651] 225,392] 231,556 AS
Stone, clay, and glass products 7917 7/981 8,023 05) +10 7,656 7,764 7,945 7,686 04
Primary metals 19,712] 19,885} 19,974 04) +07] 19,672] 19,980] 20,023] 20,569 44
Biast furnaces, steel mills . 9,685 9,697 9,823 13 1 9,704 9,766 9,844] 10,154 44
Iron and steel foundries : 1,423 1,434 1,428 +04 +10 1,390 1,415 1412 1,405 ld
Nonferrous and other primary
metals 8,604 8,754 8,723 +04 +15 8578 8,799 8,767 9,010 AB
Fabricated metal products 22,948} 23,172] 23,310 06) +02} 22,698] 22,915) 23,215] 22,719 0.1
Industrial machinery and equip: 44,986| 45,089] 45,161 0.2) +06] 45,107] 44,988] 45,452] 47,626 53
Engines and turbines ........ 3,587 3,484 3,582 2.7) +27) 3,758 3,535 3,732 3,654] +28
Farm and garden machinery .. . 2/344 2,344 2311 +14 03 2,274 2,295 2,228 2,362 “37
Construction, mining and
material handling equipment . . 5,817 5,951 5,929 23 +04 0.7 5,759 5,906 5,893 6,636 -13.2
Metalworking machinery | 5625 5,661 5,659 06 0.0 03 5,631 5,692 5,738 5,685 09
Computer and office equipment ...] 9,674 9,530 9582) +15 OS} +21 9,838 9,598 9,851] 10,291 44
Electronic and other
electrical equipment ............ 30,698| 31,021 31,097 -1.0 -0.2{ +0.7] 30,573] 30,907] 31,391] 31,081 -1.6
Electrical transmission and
distribution equipment and
industrial apparatus . . 4,196 4,240 4,331 “10 21] +05 4,185 4,213 4341 4,305 28
Household appliances . . 2,671 2,678 2,715 03 “14 01 2,572 2,560 2,636 2537) +14
Electric lighting and
wiring equipment ............, 2,992 2,998 3,000 02 OA} +03 2,998 2,985 3,017 3,030 “Ad
Household audio and
video equipment . . 1,205 1,222 1,230 07 05 1,213 1,266 1,299 1,166] +4.0
Communications equipment 7,251 7321 TAl4 13) +14 7,250 T3A6 TS21 7,186] +09
Electronic components . 8,883 8,962 8,916 +05] +08 8,883 8,998 9,047] 9,322 47
Transportation equipment ... 69527| 69,431] 70/330 13| +03) 69,935] 69,283] 70,989} 75,729 17
Motor vehicles and parts . . 12,471] 12,627 12,483. +12} +21] 12481] 12,655] 12,536] 12,840 28
Aircraft, missiles,
space vehicles, and parts. 52,854] 52,722| 53,416 13 02} 53,307] $2,524] 53,917] 58,735, 92
Shipbuilding and tanks . 1,809 1,746 2,057 15.1] +16 1,793 1,794 2,159 1,855 33
Instruments and related prod -| 23,497 23,814 23,867 02 0.2 23,593 23,781 24,139 24,842 5.0
Search and navigation equipment . . 7,017 7,266 7,381 1.6 14 1,074 7,265 7,554 8497] -16.7
Measuring and controlling devices 6,631 6,687 6,667 +03 3 6,631 6,695 6,714] 6,762 -19
Medical instruments and supplies ..| 6,313 6,308 6,285] +01) +04) +09 6,332 6,241 6,274 6091] +4.0
Photographic goods .. . 2,900 2,911 2,888 04] +08] +06 2,932 2,951 2,947) 2,856] +2.7
Alll other durable goods . . 20,132] 20,157] 20,274 O41 06 4 055] 20,079] 20,271} 19,370] +35
Nondurable goods industries 144,410] 143,840] 143,560] +04) +02] +09) 144,777] 143,408] 143,564] 139,105] +4.
With unfilied orders ... 34,230 34,183 33,961 +01 +07 +10 33,684 33,974 34,395 33,366 +10
Food and kindred products . 30,824] 30,595} 30,713) +07 04] +05] 32420] 31,185} 30855] 31,446] +31
Meat products... . 2,904 2,799 281i] +38 04} +09 2/898 2,751 2,755 2,893 +02
Dairy products . 2,804 2,870 2,908 23 13) +11 2,784 2,860 3,004 2,498) +114
Beverages . . 5,725 S721 $722| +01 00) +09 5,765 5,710 5,573 5,438] +6.
All other foods, except fats and oils 17,762 17,604 17,580 +09 +01 +0.2 19,236 18,456 18,050 18,894 +18
Tobacco products . . 6,820 6,701 6913] +18 31] +24 6,875 6517 6,675 6500] +58
Textile mill products. 9,139 9,113 9093] +03) +02] +07 8,983 9,035 9,199 8541) +5.2
Broadwoven fabrics and
other textiles. 5,348 5,306 5300] +08] +01) +06] 5,241 5,193 5,312 $035] +41
Paper and allied produc 13,842] 13,768 13,744] +05] +02) +08] 13453] 13,445] 13,590] 13091] +28
Pulp, paper, and
paperboard mill products ....... 5,870 5,801 5,796] +12] +01) +12 5,676 5,645 S714] 5,220) +87
Paperboard containers and boxes . . 3,221 3,241 3,275 06 -1.0 05 3,140 3,219 3,244 3,152 04
Miscellaneous converted
paper products 4,751 4,726 4673] +05] +11] +13 4,637 4,581 4,632 4,719 “17
Chemicals and allied produ 35,230] 34,980] 34,733] +0.7} =+0.7] +15] 34,855] 34,388] 34,503] 33,372] +44
Industrial chemicals .. . . 17,610] 17,688] 17533. 4) +09) +11) 17,293] 17,445] 17358] 16,949] +2.0
Drugs, soaps, and toiletries 12,951) 12,705] 12,658] +19) +04) +19] 13,003] 12,552] 12,837] 11950] +88
Petroleum and coal products 11,611] 11,859} 11,985 24 11 0.7} 11,912] 12,023) 11,880] 11,915 0.0
Rubber and plastics products . . . 11,387] 11,317} 11,195] +06) +11) +07) 11,214] 11,168] 11,012] 10.967] +23
All other nondurable goods .. . 25,557} 25,507] 25,184] +02) +13) +13) 25,065] 25,647] 25,850) 23,273) +7.7

Preliminary. " Revised.



10 Total Manufacturing

New Orders and Shipments
Three Month Moving Averages
Billions of Dollars

300 300
New Orders

280 |- - ne Shipments | 280

260 |- - - 260

240 240

220 |- oe | 220

200 1 1 1 1 it 1 1 1 1 1 1 1 1

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1990- Oct. 1992

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

YS Ratios UO/S Ratios
25 4.3
24 L ad UOPS [-F

AN 42
23 [ N - 1
22 - 41

a / |.

19 [ ~ 3.9
18
4.7 eee ae — —\ 38
1. a eet mecca:

[ 37
1.55
14 ! \ ! 1 \ ! Ll ! 1 1 1 LU 36

Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct

Oct. 1990 - Oct. 1992
Note: All Charts based on seasonally

adjusted current dollars.


a

7
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 Pereent
change
Oct. Sept, Aug.| Sept.-| Aug-| —July- Oct. Sept. Aug. Oct.} Oct.
1992° 1992° 1992] Oct.| Sept.} Aug.} 1992 1992" 1992 1991] 92/91
UNFILLED ORDERS
All manufacturing industries .... . 475,842| 475,862] 481,749 0.0 “12 0.9} 473,586] 474,918] 481,181] 507,153 6.6
Market categories :
Automotive equipment . . . 1,622 1,660 1,674 23] 08 1S 1,620 1,649 1,677 1,773 86
Home goods and apparel . 10,057 9,653 9,790 +42 14 +10 9,838 10,059 10,359 9,309 +5.7
Consumer staples . .. . 1,342 1,302 1,290{ +31] +09 0.7 1,355 1,342 1,336, 1,357 0.1
Machinery and equipment . 204,049] 204,174] 205,811 0.1 -08 203,927] 204,124} 205,909] 215,249 53
Business supplies 5,624 5,659 5,754 06] -1.7 557} 5817] 5,915 5,772 34
Construction materials
and supplies . . 14,038 13,957 13,907 +06) +04 0.2 13,838 14,070 14,032 14,017 213
Defense products . 121,574] 121,675] 124/752 0.1 25 08} 121,021] 120,500] 122,610] 136,908] 11.6

Other materials, supplies and
and intermediate products .... . 117,536] 117,782] 118,771 0.2 08 0.4] 116,410] 117,357] 119,343] 122,768 52

Durable goods industries :

Nondefense capital 223,532} 223,659] 225,121 0.1 -13} 223,445} 223,624] 225,199) 235,807 5.2
Excluding aircraft and parts, 72,788| —72,875| 72,957 01 -L1] 72,701] 72,840] 73,035] 76,294 47
Defense capital goods 4 +] 128,136] 128,496] 131,655 03 10] 127,675] 127,321] 129,568] 145,295 12.1
Durables excluding capital goods 101,278] 101,055} 101,979] +0.2 +03} 99,562] 100,778) 102,812] 103,093 3.4
Miscellaneous series :
Producers’ durable equipment .. . 225,866] 225,952] 227,820 0.0 08 12] 225,402] 226,231] 228,608] 239,947 61
Household durable goods . : 5,486 5,213 5,195} +5.2) +03 0.6 5,236 5,392 5,639 5,110 +25
Information technology industries | 31,545 31,938 31,769 12) +05 05 31,713 32,088 31,971 34,863 9.0
Health care equipment
and products ............... 8,537 8,020 8170] +641 18] +64 8,538 8,020 8,170 8,875 38
TOTAL INVENTORIES
All manufacturing industries ..... 383,827} 384,390] 385,596 01 03) +05) 384,066] 383,105] 386,989] 388,727 12
Market categories :
Automotive equipment 6,454 6,478 6,431 04} +07) 418 6,393 6,421 6,410 6,487 “14
Home goods and apparel 29,176 29,176 29,143 0.0 +01 +04 28,437 28,998 29,430 25,842 +10.0
Consumer staples ...... 59,927] 59,418] 59,612 +09 03} +09} 61,558] 59,803] 59.817] 59,311 +38
Machinery and equipment 87,940 88,201 88,196 0.3 0.0 +11 87,960 87,667 88,614 90,500 28
Business supplies . 22,144] 22,225] 22,115 O04) +05] +15) 22,117] 22,307] 22,359] 22/293 05

Construction materials
and supplies . .

22,744 22,913 22,998 0.7 04 0.3 22,526 22,628 22,908 22,305 +10

Defense products . . . 29,670} 29,714] 30,770 Ol] 34) 1.7] 30,135] 29864] 31,331] 35474) as
Other materials, supplies an
and intermediate products .... . 125,772] 126,265} 126,331 04 0.1) +05) 124,940) 125,417] 126,120] 126,585 13
Durable goods industries :
Nondefense capital goods °...... 82,756] 82,936] 83,091 02 02) +12) 82,878] 82,491] 83,724| 86,168 38
Excluding aircraft ang Parts .. 53,818] 53,922] 54,490 0.2 10); +05} 53,968] 53,847] 55,114] 56,297 Al
Defense capital goods 4 ........ 31,548] 31,598] 32,905 0.2 4.0 2.3) 32,108] 31,840] 33,535] 38,070 15.7
Durables excluding capital goods .| 15/113] 126,016 126,040 0.7 0.0) +05) 124,303] 125,366] 126,166] 125,384 09
Miscellaneous series :
Producers’ durable equipment 142,264] 143,063] 143,111 0.6 0.0 +09] 141,947] 142,217] 143,669] 144,418 “17
Household durable 12,916 12,946 13,061 0.2 09) +01 12,715 12,841 13,176 12,300 +34
Information technology industries | 27,925 27,919 27,990 0.0 03 +09 28,133 27,995 28,508 28,655 18
Health care equipment
and products -.............. 13,43} 13,208] 13,159] +10] +04) +14] 13,390] 13,059] 13,241] 12,608] +62

See footnotes at end of table 5.


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS

FOR TOPICAL SERIES'
(Millions of dollars)
Seasonally adjusted Not seasonally adjusted 2
Monthly Percent Change Monthly Percent] Year to date
Industry change

Oct.| Sept.| Aug.] Sept.-| Aug-| July-| Oct. Sept.| Aug} Oct.| Oct.
1992°| 1992} 1992] Oct.| Sept.] Aug] 1992P] 1992"| 1992] 1991) 92/91} 1992P] 1991

SHIPMENTS
All manufacturing industries .... . 244,023 | 245,838 | 241,014 0.7) +20 -2.5} 256,175 | 262,873 | 242,572} 250,716 +2.2 | 2,431,798 | 2,353,387

Market categories :
Automotive equipment . ..
Home goods and apparel
Consumer staples . .
Machinery and equipment .
Business supplies
Construction materials

9,944 9,635 9,900} +3.2 -2.7| +35} 11,590 9,976 9,793] 11,030 +51 98,139} 87,300
17,139} 17,075} 16,799] +04] +1.6 -1.8] 19,427] 19,212] 18,080] 17,868 +8.7| 167,440] 151,063
54,750] 56,374] 54,006] -2.9) +44 AS} 56,501} 60,878} 54,625] 55,945 +10] 547,061} 539,431
40,329 | 40,448} 39,548) 0.3) +23] -0.9) 41,007] 43,673) 37,615} 40,045 +24] 394,696] 378,648
19,127] 18,685] 18,490] +24) +11 -5.9| 20,403] 19,646] 18, 601 20,306 +05] 189,023} 192,274

and supplies . . . 15,460| 15,736] 15,311] -18] +28] 08} 16655] 17,054] 16,268] 15,462] +7.7| 154,860] 141,995
Defense products 7987| 8,627 7,988] -86| +80] -34) 7,773] 9101] 7801] 8549) -9.1| 80,831) 83,074
Other materials, supplies and

and intermediate products .... 79,387] 79,258} 78,972] +02| +04] -22] 82,819] 83,333] 79,789} 81,511] +16] 799,748) 779,602

Durable goods industries :
Nondefense capital goods °

32,033| 31,173] -06] +28] -21] 30,879} 35,526] 29,348] 30,375) +17] 311,114] 301,307
Excluding aircraft and parts’. 26,138 | 26,467) 25,588] -1.2| +34] -24] 25,506] 29,412] 24,242| 24,249} +52] 252,169) 241,466
Defense capital goods 4 . 7,666) 8,329) 7,743) -80| +7.6) 4.1] 7553) 8,770) 7,494) 8499] -111| 78,475] 82,282
Durables excluding capital goods .} g54i8| 94984] 84448) +05] +06] -05] 93,057) 99,887] 95,307] goo41] +45} 849,483] 800,925

Miscellaneous series :
Producers’ durable equipment ...| 78,647] 78,331] 77,290] +04] +13] -0.9] 83,428] 84,103] 75,063) 81,029] +3.0| 775,034] 734,193
Household durable goods . . 7255| 7,248] 7,194] +01] +08] -22] 8116] 8240] 7,378] 7,765] +45| 71,084] 66,474
Information technology industries .| 14,549] 14,658] 14,140 0.7) +3.7 48} 13,707] 17,182] 13,186] 12,942 +5.9| 138,856] 128,500
Health care equipment

and products .... . even eeee 7,658| 8,015] 7,655} 4.5] +4.7] -2.9) 7,605] 8,830] 7,675] 7,600] +0.1) 77,723) = 73,795
NEW ORDERS
All manufacturing industries ..... 244,003 | 239,951] 236,880] +1.7] +1.3]  -2.2] 254,843] 256,610} 236,506 | 246,333 +3.5 | 2,403,119 | 2,341,869

Market categories :
Automotive equipment . .
Home goods and apparel
Consumer staples ......
Machinery and equipment
Business supplies
Construction materials

and supplies . .
Defense products :
Other materials, supplies and
and intermediate products ..... 79,142) 78,269] 78,473] +11] 03] -22] 81,872] 81,350] 78,870] 79,323] +32] 794,812) 779,745

9,621 9,874) +3.0 -26) +35] 11,561 9,947 9,769} 11,016 +49 98,084] 87,566
16,938] 16,900] +36] +02] -1.7] 19,206] 18,911] 18,034] 17,321] +109] 168,839] 152,663
56,386 | 53,997 28) +44 46} 56,514] 60,884] 54,646] 55,959 +1.0| $47,131} 539,491
38,810] 36,984] +3.6] +4.9] -2.1] 40,810] 41,888] 34,962) 38,529 +5.9| 384,761] 370,739
18,591] 18,440] +2.7) +08 6.3} 20,163 19,548 18,595 20,040 +0.6 | 188,843] 192,134

15,786] 15,283} -16] +33 0.6} 16,423] 17,092] 16,176} 15,232 +78} 154,820] 142,755
5,550 6,929} +40.3} -19.9] +172) 8,294 6,990 5,454 8,913 69 65,829| 76,776

Durable goods industries :
Nondefense capital goods °

30,571] 28,153] +3.7] +86] -39] 30,700] 33,951] 26,464] 28,122] +9.2| 299,958] 295,147
Excluding aircraft and parts 26,051| 26385] 24,779} -13] +65) -3.1| 25,367] 29,217) 23,569] 23,252] +9.) 250,207) 236,077
Defense capital goods 7,306 5,170] 6,462] +413] -20.0| +148] 7,907] 6,523] 4,857] 8671] 88] 62,519] 75,740
Durables excluding capital goods .| 95,641| 94,060) 84,761] +19] -08| 0.2] 91,841| 87,853] 84,760] 87,307] +5.2| 847553] 800,270

Miscellaneous series :
Producers’ durable equipment ...] 78,561) 76,463) 74,639] +2.7) +24] -0.8| 82,599] 81,726} 72,277] 79,321) +4.1) 763,673} 724,159
Household durable goods . . . 7528| 7,266] 7,161] +36] +15] -31] 7960] 7993] 7,269] 7,405] +75] 71,830] 67,341
Information technology industries -} 14156] 14827| 13,994] -45] +60] -37] 13,332] 17299] 13,092) 12,451) +71) 136,928] 126,694
Health care equipment

and products ............005 8,175 7,865 8,148] +39 +35] +2.7] 8,123 8,680 8,167 7893 +29 78,038] 73,721

P Preliminary. " Revised.

1 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.

3 Nondetense capital goods industries include : ordnance and accessories; st
metalworking mact ‘special industry machinery; generat industrial machi
distribution equipment; electrical industrial apparatus; communications equipment
and navigation equipment.

material handling equipment;
‘electrical transmission and
road equipment; and search

gas and hydraulic turbines; internal combustion engines; construction, mining, ar
; computer and office equipment; refrigeration, heating and service industry machi
aircraft, missiles, space vehicles, and engines and parts; ships and tank components;

4 Detense capital goods indus include : ordnance and accessories; communications equipment aircraft, missiles, space vehicles, and engines and parts; ships, tanks and tank components; and
search and navigation equipment


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio"
Industry Oct, Sept. Aug. Jul Oct. Sept. Aug. July
19928 1992" 198 fos 192° 1982! 1992 1992
All manufacturing industries ...... 1.57 156 1.60 155 3.64 3.63 3.74 3.67
Durable goods industries .......... 1.92 1.92 1.96 1.93 444 441 456 450
Stone, clay, and glass products... . . 1.42 1.44 1.48 1.44 131 1.33 138 1.38
Primary metals : 184 183 183 1.78 185 187 1.95 189
Fabricated metal products . : 173 172 1.74 1.74 1.93 1.89 1.85 186
Industrial machinery and equipment - 2.16 214 2:16 2.13 259 255 256 258
Electronic and other
electrical equipment . . 1.66 1.70 1.80 1.70 231 2.32 2.43 231
Transportation equipment . : 2.16 2:20 222 222 1337 13.49 14.06 13.74
Instruments and related products... 2:33 2.25 236 2:35 S21 4.99 5.25 5.23
Nondurable goods industries. 121 1.19 122 1.16 0.79 0.79 0.82 0.79
Food and kindred products 0.93 0.91 0.94 0.94
Tobacco products . . 281 1.92 3.38 2.04
Textile mill products 153 1.48 149 1.46 IA\ lA lA
Paper and allied products "| 134 132 131 128 A 1A) iA\ iA)
Chemicals and allied products’ - 1.44 141 141 1.34
Petroleum and coal products . 0.89 0.92 091 08s
Rubber and plastics products 130 129 1.27 124

? Preliminary. "Revised. (% Not applicable. (NA) Not avallable.
} Excludes the following industries with no unfilled ofders : Wood and lumber Pre eit erase, containers; metal cans, barrels and drums; farm and garden machinery; motor vehicle assembly

Products, Omer transportation equipment; foods and related products; tobacco; kiting mill products; apparel and related peockice chemicals; petroleum and coal products; and rubber and plastice
products.

Table 9. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES
(Based on seasonally adjusted data)

Shipments New orders Unfilled orders Inventories
Industry Oct, Oct. Oct. Oct.
Oct? | 1991- Oct? |  1991- Oct? | 1991- Oct? | 1991-
Oct.' | 1987. Sept. Oct. 1987-] Sept. Oct.1 | 1987- Sept Oct.' | 1987-] Sept.
1992} 1991} 1 1992] 1991] 1 1992] i991] 14 192] 191] 1
All manufacturing industries... . . [e9) 0.0 0.1 ® 02 03 (e9) 01 01 [e.0) 0.1 0.1
Durable goods industries .......... 03 02 02 04 os 01 01 0.1 O21 01
Stone, clay, and glass products . . ) 08 ir) 0.6 14 &) 08 07 02 02
Primary metals <...... : 05 07 0: 1.0 07) 06 03 03 02 01
Fabricated metal products : &) 06 &) 08 06 & 02 03 01 0.2
Industrial machinery and equipment . 1.6 10 2.6 11 0s 0. 0.2 0.1 0.2 0.1
Electronic and other
electrical equipment . . 0.0 01 01 0.3 0.6 0.0 01 0.1 01 01
‘Transportation equipment . 03 0.2 0.3 OS 1s 0.0 0.0 01 x’ 0.2 0.2
Instruments and related products - o9) 03 (e9) 11 05 (x) 0.4 O1 01 01
Nondurable goods industries. x 0.0 01 x) 0.1 ol x 0. 04 x 01 0.2
Food and Kindred products | x 02 03 x X) x x’ % x x 03 04
Tobacco products . . . x 03 25 x’ & & x’ & & x’ 0.0 0.1
Textile mill products. 04 05 x) | (NA‘ NA‘ x’ A A\ x} 04 04
Paper and allied products. x’ 0.2 0.2 x’ ‘NA NA‘ x’ NA‘ NA‘ x’ 0.2 04
Chemicals and allied products. x" 02 02 x’ x’ x’ x’ x’ x’ 01 0.2
Petroleum and coal products . x 03 0.2 x! x’ x! x’ x x: 03 03
Rubber and plastics products | x 09 04 x x: x x’ 03 02
Capital goods industries :
‘ondefense : 0s 04 0s 12 07 1.0 01 O1 O1 x 01 04
Defense . . . O1 0.2 10 0.7 14 55 01 0.1 2 0.1 04

(9) Not applicable. (NA) Not avallable,
sages of te eae, the telve month revisions are the ferences between the month-tomonth percent changes of the preliminary and fal estimates, The monthly averages are the simple
‘narnaes ofthe absolute values ofthe difrences forthe months specified. The advance to al percenl change reiolor forthe durabe gece Kecetiee ea tly ve report for the month.
1 The current month revisions are the difference between the advance precent change and the percent change es shown in this publication,
2 average for thie month forthe last five years.


CURRENT INDUSTRIAL REPORTS

Manufacturers’ Shipments,
Inventories, and Orders

cen

\a

U. S. Department of Commerce
BUREAU OF THE CENSUS.

October 1992
M3-1-(92)-10

For Wire Transmissions 10:00 a.m. E.S.T. December 3, 1992

Steve Andrews or Meath
(301)763-2502 or (301

Summary

New orders for manufactured goods in October
increased $4.1 billion or 1.7 percent to $244.0 billion, the
Department of Commerce, Bureau of the Census reported
today. This follows an increase of 1.3 percent in September
and a 2.2 percent decrease in August. Excluding defense,
new orders were up $1.9 billion or 0.8 percent, the eighth
increase this year. New orders without transportation
equipment decreased $1.2 billion or 0.6 percent.

Shipments decreased $1.8 billion or 0.7 percent to
$244.0 billion, following a 2.0 percent increase in September
and a 2.5 percent decrease in August. Excluding defense,
shipments decreased $1.2 billion or 0.5 percent. Without
transportation equipment, shipments were down $2.4 billion
or 1.1 percent.

Unfilled orders were relatively unchanged at $475.8
billion, the lowest level since December 1988. This follows
thirteen consecutive monthly declines. Excluding defense,
unfilled orders increased $0.3 billion or 0.1 percent. Without
transportation, unfilled orders increased $0.1 billion.

Inventories decreased $0.6 billion or 0,1 percent to
$383.8 billion, following a 0.3 percent decrease in September.
Without defense, inventories decreased $0.5 billion, following
five monthly increases. The inventories-to-shipments ratio
increased from 1.56 in September to 1.57 in October.

New Orders

New orders for durable goods in October increased
$4.9 billion or 4.1 percent to $124.7 billion. This increase,
the largest since a 12.1 percent rise in July 1991, follows a
0.4 percent increase in September.

Transportation equipment had the largest increase, up
$5.3 billion or 19.7 percent to $32.1 billion, primarily due to
aircraft and parts and motor vehicles and parts. Primary
metals increased $0.4 billion or 4.2 percent to $10.3 billion,
with increases in all categories. Industrial machinery and
equipment had the largest decrease, down $0.4 billion or 1.9
percent to $20.8 billion, primarily due to metalworking
machinery and engines and turbines.

New orders for nondurable goods decreased $0.8
billion or 0.7 percent to $119.3 billion, following a 2.3
percent increase in September. This is the second decrease
in the last three months. The largest decreases were in
tobacco > Praduets chemicals and allied products, and food
and kindred products.

Shipments

Shipments of durable goods in October decreased $0.4
billion or 0.3 percent to $124.9 billion. This follows a 1.6

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

percent increase in September. All major groups had
decreases except transportation equipment, electronic and
other electrical equipment, and stone, clay, and
products. Instruments and related products had the largest
decrease, down $0.5 billion or 4.4 percent to $10.1 billion,
with decreases in all categories. Transportation equipment
had the largest increase, up $0.6 billion or 1.9 percent to
$32.2 billion, due to motor vehicles and parts.

Shipments of nondurable goods were down $1.4 billion
or 1.2 percent to $119.1 billion, following a 2.4 percent
increase in September. This is the second decrease in the
last three months. The largest decline was in tobacco
products, down $1.1 billion. Chemicals and allied products
and food and kindred products both declined $0.4 billion.

Unfilled Orders

Unfilled orders for durable goods in October
decreased $0.3 billion to $452.9 billion, the lowest level since
$450.0 billion in December 1988. This is the fourteenth
consecutive monthly decline. All major groups declined
except fabricated metal products and electronic and other
electrical equipment. The largest decrease was in primary
metals, down $0.4 billion or 2.1 percent to $19.9 billion.
Transportation equipment was down $0.1 billion to $249.1
billion, as decreases in shipbuilding and tanks and motor
vehicles and parts more than offset increases in railroad
equipment and aircraft and parts. Transportation equipment
has declined in thirteen of the last fourteen months and is at
the lowest level since $245.6 billion in October 1989.
Unfilled orders for nondurable goods increased $0.2 billion
or 1.1 percent to $22.9 billion.

Inventories

Inventories for durable goods in October decreased
$1.1 billion or 0.5 percent to $239.4 billion, the twelfth
decline in the last thirteen months. The largest decreases
were in electronic and other electrical equipment and
instruments and related products, both down $0.3 billion.

Nondurable goods, up $0.6 billion or 0.4 percent to
$144.4 billion, have increased for nine consecutive months.
Chemicals and allied products had the largest increase, up
$0.3 billion. The largest decrease was in petroleum and coal
products, down $0.2 billion.

By stage of fabrication, finished goods decreased 0.8
percent in durables and increased 0.7 percent in
nondurables, Work in process was up 0.4 percent in
durables and down 0.1 percent in nondurables. Materials
and supplies decreased 1.5 percent in durables and
increased | 0.2 percent in nondurables.

(SEE BACK PAGE FOR 1993 RELEASE DATES)

‘The advance report on durable goods for November is scheduled for December 23, 1992 at 8:30 a.m. and the full report on December 31, 1992 at 10:00 a.m.

For sale by the Superintendent of Documents, USS. Government Printing Office, Washington, DC 20402. This report is also available the day of issue through

the Department of

mmerce’s online Economic Bulletin Board (N-8-1) (202-482-3870) and through the Census Bureau's online information service-CENDATA.

CENDATA is available from Dialog Information Services, Inc. (1-800-334-2464) and CompuServe (1-800-848-8199). The CENDATA staff at the Bureau of

the Census (301-763-2074) can provide content information and general guidance.


U.S. Department of Commerce | | | |
BUREAU OF THE CENSUS
Washington, D.C. 20233

Official Business
te Use, $300

Penalty for Pri

POSTAGE AND FEES PAID
U.S DEPARTMENT OF COMMERCE

COM-202

First Class Mail

PUBLICATION DATES FOR THE 1993 MONTHLY M3 SURVEY
MANUFACTURERS’ SHIPMENTS, INVENTORIES, AND ORDERS

Advance Report Regular Report

Report Release Dates Release Dates
Covering (8:30 a.m. release time) (10:00 a.m. release time)
December 1992 Fri., Jan. 29 Thurs., Feb. 4
January 1993 Wed., Feb. 24 Thurs., Mar. 4
February 1993 Wed., Mar. 24 Wed., Mar. 31
March 1993 Fri., Apr. 23 Fri., Apr. 30
April 1993 Wed., May 26 Fri., June 4
May 1993 Wed., June 23 Wed., June 30
June 1993 Wed., July 28 Thurs., Aug. 5
July 1993 Wed., Aug. 25 Thurs., Sept. 2
August 1993 Fri., Sept. 24 Fri., Oct. 1
September 1993 Wed., Oct. 27 Thurs., Nov. 4
October 1993 Wed., Nov. 24 Fri., Dec. 3
November 1993 Thurs., Dec. 23

The Manufacturers’ Shipments, Inventories, and Orders press
release can be faxed to you on the day of issue at a cost of $120
per year. The fee is to cover the subscription service, wire
transmission, and administrative costs. If you wish to subscribe
to this service, or would like more information, please call
Sandy Sollinger at (301) 763-2604.



Billions of Dollars

28

Nondefense Capital Goods "4

New Orders and Shipments
Three Month Moving Averages

1 1 1 it 1 | 1 1 1 1

Billions of Dollars

11

10

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct
Oct. 1990 - Oct. 1992

Defense Capital Goods

New Orders and Shipments
Three Month Moving Averages

11

New Orders
—— |} 10
Shipmente
49
cece ts

! i 1 1 1 1 l 1 1 L

5
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct

Oct, 1990 - Oct. 1992 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
Oct. Sept. Aug. .-|  Aug-| — July- Oct. t. Aug. Oct.| Oct.
1992P 1992° 1992 Bec Sept. Aug. 1992P pri 1992 1991 92/91
MATERIALS AND SUPPLIES
All manufacturing industries ..... 119,303} 120,210] 120,086 08 +01 +03! 119,338] 119,659] 119,879| 120,298 08
Durable goods industries ..... 283, 67,296 67,304 AS 0.0 +08 66,420 67,495 67,678 68,717 33
Stone, clay, and glass products 21455 27462 2467 03 02) +19 2,433 443, 2473 2446 07
Primary metals ........- 6,126 6,140 6,151 02 02 02 6,259 6,279 6,210 6,661 6.0
Fabricated metal products . 7,973 8,126 8,190 -19 08 +0.2 7,918 8,134 8,255 8,138 -2.7
Industrial machinery and equipment 13,623 13,645 13,484 02 +12 +2.6 13,641 13,722 13,541 13,561 +06
Electronic and other
electrical equipment ..... 8,971 9,087 9,123, 13 04 +11 8,983 9,078 9,189 9,327 3.7
Transportation equipment . 12/414] 12970] 13,108 43 -L1] +04] 12/340] 12,891] = 13,203} 14;245 13-4
Instruments and related products - 7,133 7,152 7,089 0.3 +09 +11 /,063, 1: 7,142, 6,702 +54
Lumber, furniture and
miscellaneous durable goods ..... 7588 7,714 7,692 16 +03 16 7,783 7,804 7,665 7,634 +20
Nondurable goods industries . . 53,020 52,914 52,782 +02 +03 03 52,918 52,164 52,201 $1,581 +26
Food and kindred Products 10,410 10,157 10,150 +25 +01 02 10,631 9,698 9,826 9,913 +72
Tobacco products . 5,276 5,405 Sy 24 +20 09 172 5,270 4,999 4,825 +72
Textile mill products . . 2,768 2,801 2,781 12 +07 -12 2,669 2,743 2,787 2,487 +73
Paper and allied products .... 6,911 6,847 6,888 +09 0.6 +01 6,819 6,784 6,816 6,764 +08
Chemicals and alliea products . 11,897 11,797 11,761 +08 . 0.1 11,933 11,717 11,807 11,647 +25
Petroleum and coal products . 941 3,036 3,149 3.1 2.3 2,968 3,026 3,123 3,237 83
Rubber and plastics products . . 4,376 4A 4,366 0.6 0.3 4,396 4,426 4,290 4,330 +15
Apparel, printing and publishing
and leather goods ............- 8,441 8,469 8,387 -0.3{ +10) +03 8,330 8,500 8,553 8,369 05
WORK IN PROCESS
All manufacturing industries ..... 134,091 133,727] 134,698 +03 07 +03] 135,215] 134,243] 135,987] 142,276 5.0
Durable industries ...... 111,043] = 110,652} 111,741 +04 -10 +01) 111,707) 111,024] 112,921] 119,477 65
Stone, clay, and glass Products . 1,129 1,141 1,134 11 +06 01 1,080 1,113 1,123 078 +02
Primary metals ....... 7, ah TAI6 Ald -1S 02 7,238 7401 7,570 7,732 64
Fabricated metal products. 7428 TASS 7506 04 07 05 7429 TASB 491 7483 07
Industrial machinery and equipment 18,392 18,352 18,374 +02 01 +09 x 18,585 18,432 20,202 78
Electronic and other
electrical equipment .... 13342| 13,279] 13,222| +05] +04] +21] 13,320] 13,321] 13,396] 13,150 +13
‘Transportation equipment - 48563) 47926| 48,742) +13 17 03] 497002] 48/020] 49,338] 52,945 74
Instruments and related products : 10,728 10/979 11,110 23 12 -14 10,870 11,000 11,338 12,713 145
Lumber, furniture and
miscellaneous durable goods .... . 4,178 4,154 4177] +06 06 03 4,148 4,136 4,233 4,174 06
Nondurable goods industries ... 5. 23,075| 22,957 oi} +05] +14] 23508] 23,219] 23,066] 22,799 +31
Food and kindred products 3,670 3,617 3,556, +15 +17 +29 3,953 627 3,339 3,806 +39
Tobacco products . 66 53 -15| +245 8.6 101 2 4S 126 -19.8
Textile mill products 2,429 2,434 2,470 0.2 -15 +16 2,439 2,464 2,510 2,499 24
Paper and allied prot : 1,102 1,108 1,107 05] +01 05 1,069 1,082 1,119 1,148 69
Chemicals and allied product 5,629 5/563 5494] +12] +13) +23 5,641 5,559 5,570 5,422 +40
Petroleum and coal products . . 3,068 3,159 3,073 29 +28 +06 3,200 3,187 3,069 3,056 +47
Rubber and plastics products . 1,477 1,454 1472 +16 12 08 1,512 1,459 1,480 1,639 17
Apparel, printing an: Publishing
and leather goods ..... oe 5,608 5,674 5,732 12 1.0 +10 5,593 5,762 5,934 5,101 +9.6
FINISHED GOODS
All manufacturing industries... 130,433] 130,453] 130,812 0.0 03} +11] 129513] 129,203) 131,123] 126,153 42.7
Durable goods industries ..... 62,091 62,602 62,991 08 0.6 +03 61,162 61,178 62,826 61,428 04
Stone, clay, and glass products - 4333 4,378 422, -1.0 10] +08 41143, 4,208 4,34° 4,159 04
Primary metals . 6,303 6,379 6,347 12 +05 +27 6,175 9,300 2A: 6,176 0.0
Fabricated metal products . 71,547 7591 7,614 0.6 03 +09 7,351 7,333 7,469 7,098 +3.6
Industrial machinery and equipment 12,971 13,092 13,303 09 16 19 12,846 12) 681 13¥ 479 13,863 73
Electronic and other
electrical equipment .... 5, 8,655 8,752 3.1 ld -2.0 8,270 8,508 8,806 8,604 3.9
Transportation equipment . 8,550 8,535 8,480 +02 +06 +32 8,593 8,372 8,448 8,539 +06
Instruments and related products: 5,636 5,683 5,668 08 +03 +04 5,660 Sy 637 5,659 5,427 +43
Lumber, furniture and
miscellaneous durable goods . 8,366 8,289 8,405 +09 14 +06 8,124 8,139 8,373 7,562 +74
Nondurable industries 68,342 67,851 67,821 +0.7) 0.0 +18 68,351 68,025 68,297 725 +56
Food and kindred products 16,744 16,821 17,007 AS Ad +05 17,836 17,860 17,690 17,727 +06
Tobacco products . . 1,479 1,230 1,560) +20.2' 21.2] +160 1,602 1,168 1,631 1,549 +34
Textile mill products 3,942 3f 3,842 +17 +09 +15 3,875 3,828 3,902 3,555 +9.0
Paper and allied prgauets . 5,829 5,813 5,749 +03) +11 +2.0 5,565 5,579 5,655 5,179 +75
Chemicals and allied products . 1,704 TI 620 17,478 +05 +08 +24 17,281 17,112 17,126 16,279 +62
Petroleum and coal products . 5,602 5 5664 5,763 11 17 05 5,744 5,810 5,688 5,622 +22
Rubber and plastics products . 5,534 5,461 5,357 +13 +19 +21 5,306 5, 5,242 4,998 +6.2
Apparel, printing an publishing”
and leather goods ..|  11s08} 11,364] 06s] +13] +27) 422] 11,142] 11,385] 11,363 9803] +137

P Prelimary. ' Revised.


Table 3. VALUE OF MANUFACTURERS’ UNFILLED ORDERS FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Pervent
d
Oct. t. Ay t-] Aug-} July. Oct. Sept. Aug. Oct.} Oct.
1992? pg 193 8x Sept. me 192° 1992" 1992 1991] 92/91
All manufacturing industries .... . 475,842| 475,862] 481,749 0.0 12 09] 473,586| 474,918) 481,181] 507,153 66
Manufacturing industries
without defense capital goods ..... 347,706| 347,366} 350,094] +0.1 08 08} 345,911| 347597] 351,613] 361,858 4A
Durable goods industries . 452,946] 453,210] 458,755 0.1 12 0.9} 450,682] 451,723] 457579] 484,195 69
Stone, clay, and glass products . 6,749 6,818 6,929 -1.0 -16 LS 6,683 7,009 7,195 6,583 +15
Primary metals ........ 19,866| 20,298] 21,291 24 47| +11} 19,025] 19,886] 21111] 21,194] -10.2
Blast furnaces, steel mills 7,566 7749 8,088 2.4 A2 04 7347 772 8 9113] -19.4
Iron and steel foundries . . 2,760 2,744 2,820] +06 27) +01 2;749 2723 2,860 2,895 5.0
Nonferrous and other primary
metals beeeeeene renee 9,540 9,805] 10,383 27 56) +25 8,929 9,451] 10,174 9,186 28
Fabricated metal products .........] 23,200] 22,949] 22,544] +11] +18 11} 22,952] 23,015] 22,655} 24,476 62
Industrial machinery and equipment ..} 51,308 51,332 51,170 0.0 +03 0.7 51,177 51,188 51,167 54,339 58
Engines and turbines .........-. 10,947) 10,985} 10,736 03) +23} +11] 11,092] 11,060] 10,764] 10,894) +18
Construction, mining and
material handling equipment 6,265 6,107 6053] +26] +09} +02 6,171 5,991 5,946 6,004] +2.8
Metalworking machinery . . . 77303 7/590 7,684 38 12 41 7,303 7590 7,684 7,449 -2.0
Computer and office equipment . 7,967 7,965 7971 0.0 01) +10 8,142 8,113 8166] 10,584] -23.1
Electronic and other
electrical equipment ...........-. 42,627| 42,296] 42,007] +08] +07] +01) 42,372) 41971] 42,104) 41,752) +15
Electrical transmission and
distribution equipment and
industrial apparatus ..........-- 5,855 5,785 6,008] +12 3.7 04 5,828 5,768 6,016 6475]  -10.0
Electric lighting and
wiring equipment 2,774 2,767 2,838} +03 25) +09 2,774 2,767 2,838 2,934 5S
Communications equipment . 14,593] 14477] 14391] +08] +06 03] 14,628] 14464] 14,375] 14,457] +12
Electronic components . 14816| 14,829 O11; +24) +11] 14505] 14517] 14,469] 13,197] +9.9
Transportation equipment . . 249,087] 249,180] 253,945 0.0 19 -13] 248,621] 248,318) 252,259] 269,794 18
Aircraft, missiles,
space vehicles, and parts. 218,390| 218,154] 221,668] +0.1 -16 -1.1| 217,956} 217,234] 219,875} 233,864 68
Shipbuilding and tanks .. . 23,103) 23,469] 24, -16 32 23) 23,158] 23,579] 24,406] 28,402} -18.5
Instruments and related products 52,580] 52,745] $3,113 03 0.7 0.1] 52/524] 52,542] $2,855] 58,924} -10.9
Search and navigation equipment 34,946] 35,634] 35,605 19) +01 14) 34/884] 35,392] 35,327] 40,339) -13.5
Measuring and controlling devices 8,260 8,214 8413] +06 24 1 8,260 8,214 8,413 8,751
Medical instruments and supplies 8,511 71992 8141] +65 -18| +65 8,511 7,992 8,141 8,846
All other durable goods 77529 7592 7,756 08 24 22 7328 T7194 8,233 7133
Nondurable goods industries ....... 22,896] 22,652] 22,994) +11 “15 0.6] 22,904) 23,195] 23,602] 22,958 02

P Preliminary. " Revised.


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
Oct.} Sept.| Aug.| Sept} Aug-] July-| Oct.| Sept.| Aug. Oct.|__ Oct.
1992] 1992 1992] Oct.| Sept.} Aug.| 1992?] 1992" 1992 1991] 92/91 1992P 1991
All manufacturing industries . . 244,003 | 239,951] 236,880] +1.7] +13]  -2.2] 254,843} 256,610] 236,506 | 246,333] +3.5 | 2,403,119 |2,341,869
Manufacturing industries
with unfilled orders ....... 125,373| 124,607] +43] +06]  -2.1] 134,910] 134,947] 122,103} 129,648] — +4.1 | 1,267,909 | 1,251,347
without defense capital goods 234,781 | 230,418] +08] +19]  -2.6] 246,936] 250,087] 231,649] 237,662] +3.9 | 2,340,600 |2,266,129
Durable goods industries . 119,801 | 119,376] +41] +04] -0.] 130,448] 128,327] 116,081] 124,100] — +5.1 | 1,210,030 | 1,171,157
With unfilled orders 97,213] 96,643] +4.6] +06] -1.3] 104,702] 105,195] 93,196] 99,929] +48] 982,390] 966,001
Stone, clay, and glass products Sav} 5,321] +14] +19] +57] 5,782] 5,858] 5,818] 5,239] +104] 53,744] 49,711
Primary metals ....... 9,885] 11,147| +42] -11.3] -12] 10556] 10,108] 10,829) 10,760) © -1.9] 109,302} 107,247
Blast furnaces, steel mills 4317) 4594] +23{ 60] 09] 4517] 4,400] 4,514] 4,669] -33] 46,239] 45,656
Tron and steel foundries 901 982 | +12.0 B82] +76 1,139 902 1,072 1,004] +13.4 9,911 9,050
Nonferrous and other primary
metals 4,667] 5,571 4900] 4806] 5,243] 5,087] -3.7] 53,152] $2,541
Fabricated metal products . 13,860] 13,142 14,200] 14,601] 13,190] 13,926} +20] 132,359} 130,437
Industrial machinery and equipment .} 20,810] 21,222| 20,547 20815] 23,200] 19,212] 19,399} +73] 205,056} 198,964
Engines and turbines ... 1518] 1,932] 1,581 1,495| 2,219] 1587] 1578} 5.3] 15,455} 16,447
Construction, mining
material handling equipment . 2,602) 2,555} 2,413] +18] +5.9| +75] 2,700] 2,525] 2,254] 2,293] +17.7| 23,178] 24,119
Metalworking machinery . . . 1,725| 2,310] 1,920] -25.3] +203] -110] 1,918] 2470) 1813] 1,911] +04] 20,794] 19,267
Computer and office equipment 5,678 5,764 6,027] -15 AA} +43] 5,143 7,424 5,410 4,712 +91 55,342} 50,098
Electronic and other
electrical equipment ............ 18,775] 18,488] 17,343] +16] +66] 45] 18,907] 19,873] 17,098] 16,893] +119] 174,067) 162,941
Electrical transmission and
distribution equipment and
industrial apparatus ........-.. 2,474| 2,148] 2,313] +15.2] -7.1] +15] 2,417] 2,413] 2,251] 2,248} +75] 22,999] 22,872
Blectric lighting and
wiring equipment 1,692] 1,652] 1,685] +24] -20] +22] 1,743] 1,810] 1,693] 1,673] +42] 16,663] 16,497
Communications equipment 4,446] 4,388] 3,709] +13] +183] -145| 4,060] 4869] 3517] 3,227] +258] 37,836] 31,328
Electronic components . . 5,799] 5,966] 5,475 8] +9.0] 29) 5812] 5,954] 5,341] 4,956] +173} 54,672] 51,305
Transportation equipment . 32,097| 26,814] 28,399] +19.7] -5.6] +29] 35,586] 29,069] 26,703] 33,776] +5.4| 300,285] 296,477
Aircraft, missiles,
space vehicles, and parts. 10,265] 6,569] 7,367} +563] -108] +39) 10,374] 8,213] 5,835] 9,738] +65] 85,108] 101,017
Shipbuilding and tanks 616 329 510] +872] -355] +771] 559 318 517{ 944] 408] 6,210] 10,258
Instruments and related products . 9,934] 10,197] 10,042 6] +15) +29) 10,154] 10,963 9,347} 10,779 58 97,274} 99,546
Search and navigation equipment .} 1,882] 2,807] 2,111] -33.0] +33.0] 4.6] 2,054] 3,065 1,672} 2,972] -30.9| 22,447) 26,389
Measuring and controlling devices | 2,706] 2,515] 2,547] +76 -38| 2,727| 2,677) 2,510] 2,664] +24) 25,921] 25,449
Medical instruments and supplies .| 3,350] 2,841] 3,316] +179) -14.3] +15.0| 3,305] 2,990] 3,236] 3,105} +64] 29,015] 27,643
All other durable goods .......... 13,911] 13,435] -16] +35] -28] 14,448] 14,655] 13,884] 13,328] +84] 137,943] 125,834
Nondurable goods industries . 120,150 | 117,504] 0.7] +23] 4.0] 124,395] 128,283] 120,425} 122,233] +1.8 | 1,193,089] 1,170,712
With unfilled orders .... 28,160) 27,964] +3.3] +0.7] -4.9} 30,208] 29,752] 28,907] 29,719] +1.6] 285,519] 285,346

P Preliminary. " Revised.

1 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.
(7) When new orders for a prior month are negative because of cancellations, the percentage change calculation is algebraically negative, even though there is a net dollar Increase from the prior
month,

(n)
month to the current


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
Oct.| Sept] Aug.| Sept.-| Aug-| July-| Oct.] Sept] Aug] Oct.} Oct.
1992°| 1992'| 1992} Oct.| Sept.| Aug.] 1992] 1992] 1992) 1991] 92/91] 1992P} 1991
All manufacturing industries... . . 244,023 | 245,838} 241,014) 0.7] +2.0] -2.5] 256,175 | 262,873] 242,572] 250,716] +2.2 | 2,431,798 | 2,353,387
Manufacturing Industries
with unfilled orders ...... 130,804 | 131,260| 128,741] -03] +20} -2.6] 136,242] 141,210] 128,169] 134,031]  +1.6 | 1,296,588 | 1,262,865
without defense capital goods . . .] 236,357| 237;509| 233271] -05| +18] -25] 248,622] 254,103) 235,078) 242,217} +2.6 | 2,353,323 |2,271,105
Durable goods industries 125,346 | 123,364) 03] +16] 1.1] 131,489} 134,183] 122,149] 127,915] +2.8 | 1,239,072 | 1,184,514
With unfilled orders 102,758 | 100,631] -08] +21| -2.1] 105,743] 111,051} 99,264 103,744) +1.9 |1,011,432] 979,358
Stone, clay, and glass products. 5535| 5,428] +0.6| +20] -16| 6108) 6,044) 5,832] 5,220] +17.0| 53,313] 48,293
Primary metals : 10878] 10921] -13) -04] -22] 11,417) 11,333] 11,132] 11516] 09] 111,622) 109,736
Blast furnaces, steel mills - 4656| 4,628] -1.2| +06] -03| 4,882] 4,765] 4,660] 4,909] 0.6] 47,439] 46,253
Iron and ste! foundries . . 977 +16} 03] +28] 1,113] 1,039] 1,021] 1,034] +76 10,062] 9,353
Nonferrous and other primary
metals 5,139] 5,245) 5,313| -20| -13] 47] 5,422] 5,529] 5,451] 5,573] -2.7| 54,121] 54,130
Fabricated metal pr ‘) 13°29] 13'455| 13/400] 12) +04] 0.0] 14263] 14241] 13488] 14/392] 09] 133,655) 131,338
Industrial machinery and equipment .| 20,834] 21,060] 20,924] -11] +0.6| -0.6| 20826) 23,179] 19503] 20,151] +33] 206,950] 201,543
Engines and turbines ....... ‘| “1sse} 1,683] 1,469] -75] +146) -1.9) 1,463] 1,923] 1/334] 1421] +3.0} 14,907] 14,733
Farm and garden machinery . . 1029] 954) 972] +79) -19] -79] 1,099] ‘902) 775] att] 9-11] 11,340] 11,785
Construction, mining and
material handling equipment ....] 2,444] 2,501] 2,399] -23] +43] +47] 2520] 2,480] 2,306] 2471] +20] 23,172) 25,621
Metalworking machinery ........ 2012| 2404] 2246] -163] +70| +67} 2205] 2564] 2139] 2164) +19] 21,408] 19,609
Computer and office equipment .-| 5,676] 5,770] 5,949] -16] 3.0] -32| S.14] 7,477] 5,264] 4,994) +24] 56,415} 49,988
Electronic and other
electrical equipment ...........- 18,444] 18,199] 17,293] +13] +52| -4.7] 18,506] 20,006] 17,158) 17,038] +86] 173,320] 164,127
Electrical transmission and
distribution equipment and
industrial apparatus . . 2aos} 2371} 2,338) +14] +14] 40] 2,357] 2,661] 2,261] 2,191] +76] 23,448) 22,861
Household appliances - 1615] 1,625] 1581] 06] +28] +03] 1,626) 1,684] 1,577] 1,567) +38] 15,670] 15,297
Electric lighting and
wiring equipment ............ 1,685] 1,723 +37] -16| 1,736] 1881} 1,669] 1,697] +23] 16,868} 16,147
Household audio and
video equipment . 985] 934 124] 7.2) 1,227] 1,224] 1,132] 1,250] 18] 9,857] 8,654
Communications equipmen 4,330] 4,302 +148] -124] 31896] 4,780] 3,615] 3,239] +203] 37,593] 33,229
Electronic components . 57812] 5,622 +5.6| -19) 5,824] 5,906] 5,324) 5,247] +110] 53,937] 51,575
‘Transportation equipment 32,190] 31,579 03] +03] 35,283) 33,010] 30,917) 35,419] 04] 321,257| 302,021
Motor vehicles and parts . 19,879| 19,005 25] +24) 23,284) 19562] 19,317) 22,117) +5.3| 195,786] 173,595
Aircraft, missiles,
space vehicles, and parts. 10,029] 10,083 +28] -33| 9,652] 10,854] 9,201] 10,874] -11.2] 102,166] 105,649
Shipbuilding and tanks 982] 1,1 +17] -13 1,145] 1,085] 1,248} -215| 10532) 11,208
Instruments and related products 10,099| 10,565 +44| 04] 10,172] 11,276] 9,786] 10,500] -3.1] 101,690} 102,076
Search and navigation equipment .| 2570] 2,778 +5.7| -17| 2562] 3,000] 2,559] 2958] -134| 26517) 28,720
Measuring and controlling devices | 2,660] 2,714 +27) +06| 2681] 2876] 2,605} 2,650] +12] 26,477] 25,589
Medical instruments and supplies .| 2,831] 2; +60] 05] 2786) 3139) 2742 2813}  -10 698] 27,714
Photographic goods ... 1 1718 +34) 05] 1,786] 1,875 1,754] +18] 16495] 16,779
All other durable goods . . 14,075 +34| 13] 14,914] 15,094 1333 13,679] +9.0| 137,265] 125,380
Nondurable goods industries . 120,492 +24] —-3.9] 124,686] 128,690] 120,423] 122,801] +1.5 | 1,192,726 }1,168,873
With unfilled orders ...... 28,502 +14] 4.4] 30,499] 30,159] 28,905] 30,287) +0.7] 285,156] 283,
Food and kindred products . 33,560 +2.7| 0.0] 34,376] 35,532) 32,745] 33,623] +22) 327,837] 322,510
Meat products 7,667 +31] +03] 7.793] 7.941] 7,627) 7,596] +2.6| 74,403] 75,158
Dairy products - 4,412 +04) +12] 4'346] 4513] 4486] 47186] +38] 43,291] 41,045
Beverages . 4,729 +22) +08] 4537] 4813] 4,913] 4,426] +25] 47,128] 45,142
All other fo0ds exept fats and oils) 14,812] 14,946 +29] 08] 15,893] 16,459] 14,046] 15,707] +1.2| 145,779] 144,835
Tobacco products ..... . 2,426] 3,493 +708} -38.1| 2268] 4,053] 1,994] 2590] -124] 26,291] 25,566
Textile mill products - 5,955} 6,143 +10] -18] 6451] 6792] 6447! 6514] -10| 60,897] 56,308
Broadwoven fabrics and
other textiles. 3,694] 3,848 +0.7| -16| 3,934] 4,274] 4,053] 3,996] -1.6] 38,477} 35,567
Paper and allied products . 10,332] 10,456 04] -1.6] 10548] 10,758] 10,711] 10,635] -08} 104,997} 104,305
Pulp, paper, and
paperboard mill products . 4,401 06} -23) 4,355] 4,467] 4,467] 4,493) 3.11 44,440] 44,917
Paperboard containers and boxes . 2,551 +10] -18| 2629} 2601} 2,609] 2,561] +27] 25,287) 24,091
Miscellaneous converted
paper products 0.2.26... 600 3,504 -13| 04] 3,564] 3,690] 3,635) 3,581] 05] 35,270] 35,297
Chemicals and allied products 24;862 +09] -32| 24,328) 26,118| 24,672] 24,156] +0.7] 248,923] 243,406
Industrial chemicals ..... . 13,017 0.7] -24| 13,126] 13,293] 13,108] 12811] +25] 129,559) 128,675
Drugs, soaps, and toiletries . 9,258 +41] 43] 8861] 10,505] 9,078] 8801] +0.7| 90,239) 84,743
Petroleum and coal products . 12,898 -16} -7.7| 14,257] 14,190] 13,926] 13,959] +21) 131,542] 134,276
Rubber and plastics products . 8,763 0.3) 22) 9,199] 9,146] 8,959] 9,413] -2.3] 90,370) 87,499
All other nondurable goods . 20/317 +25] 54] 23,259] 22,101] 20,969] 21,911] +62) 201,869] 195,003

P Preliminary. " Revised.

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