ECONOMICS
AND
STATISTICS
ADMINISTRATION

UNITED STATES DEPARTMENT OF

BUREAU OF THE
CENSUS

Bureau of the Census For Release 8:30 A.M. EDT
For Data - (301) 457-4673 "August 24, 2000

For Questions - Lee Wentela or Derrick Roy €B00-136

(301) 457-4832 or (301) 457-4814

M3-1(00)-07

ADVANCE REPORT ON DURABLE GOODS MANUFACTURERS’ SHIPMENTS AND ORDERS
July 2000

(All figures in text below are in seasonally adjusted current dollars)

@ NEW ORDERS New orders for manufactured durable goods in July decreased $30.0 billion or 12.4 percent to $212.4
billion, the Department of Commerce, Bureau of the Census reported today. This follows a 9.5 percent June increase and is
the largest decrease on record. Excluding transportation, new orders decreased 4.8 percent. Year-to-date, new orders are
9.9 percent above the same period a year ago.

Transportation equipment had the largest decrease, $21.7 billion or 31.7 percent to $46.8 billion, mostly due to aircraft and
parts. This is the largest decrease on record. Electronic and other electrical equipment decreased $7.9 billion or 16.8
percent to $39.1 billion, due to electronic components and communication equipment. Primary metals decreased $0.2 billion
or 1.4 percent to $15.8 billion. Industrial machinery and equipment, up four of the last five months, increased $1.9 billion
or 4.3 percent to $46.0 billion.

© SHIPMENTS Shipments of durable goods in July decreased $4.1 billion or 1.9 percent to $214.1 billion, following a 1.6
percent June increase. Year-to-date, shipments are 6.9 percent above the same period a year ago.

Transportation equipment had the largest decrease, $4.9 billion or 9.3 percent to $47.4 billion; all component industries
decreased. This is the largest decrease since the 9.9 percent decline in July 1993. Electronic and other electrical equipment,
down following four consecutive increases, decreased $0.2 billion or 0.5 percent to $41.1 billion. Primary metals decreased
$0.1 billion or 0.4 percent to $16.0 billion. Industrial machinery and equipment increased $1.7 billion or 4.1 percent to
$44.2 billion. This is the fourth increase in the last five months.

@ UNFILLED ORDERS Unfilled orders for durable goods in July decreased $1.7 billion or 0.3 percent to $554.7 billion,
following a 4.6 percent June increase. Electronic and other electrical equipment had the largest decrease, $2.0 billion or 1.9
percent to $102.3 billion, due to electronic components. Transportation equipment, down five of the last six months,
decreased $0.6 billion or 0.3 percent to $242.3 billion. Primary metals, down nine consecutive months, decreased $0.3
billion or 0.8 percent to $31.1 billion. Industrial machinery and equipment increased $1.7 billion or 1.9 percent to $90.2
billion. This is the thirteenth consecutive increase.

@ CAPITAL GOODS INDUSTRIES, DEFENSE New orders in July decreased $14.9 billion or 72.0 percent to $5.8
billion. This is the largest decrease on record. Shipments decreased $0.5 billion or 7.2 percent to $6.5 billion. This is the
sixth decrease in the last eight months. Unfilled orders decreased $0.7 billion or 0.7 percent to $107.7 billion.

© CAPITAL GOODS INDUSTRIES, NONDEFENSE New orders in July decreased $8.8 billion or 12.3 percent to $62.6
billion. This is the largest decrease since December 1997. Shipments decreased $1.5 billion or 2.4 percent to $60.9 billion.
Unfilled orders increased $1.7 billion or 0.6 percent to $273.8 billion. This is the seventh increase in the last eight months.
Excluding aircraft and parts, new orders decreased $2.2 billion or 3.8 percent to $55.8 billion; shipments, up five
consecutive months, increased $0.1 billion or 0.2 percent to $54.1 billion; and unfilled orders, up eleven consecutive months,
increased $1.8 billion or 1.4 percent to $128.8 billion.

@ REVISED JUNE DATA Revised seasonally adjusted June figures for all manufacturing industries are: shipments, $385.4
billion (revised from $384.9 billion); new orders, $409.3 billion (revised from $409.2 billion); unfilled orders, $582.2
billion (revised from $582.5 billion); and total inventories, $481.8 billion (unrevised).

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

This report presents advance information on two key business indicators: durable goods manufacturers’ shipments and orders. Revised and more detailed estimates plus
nondurable goods and inventory data will be published August 31, 2000 at 10:00 AM. The advance report on durable goods for August is scheduled for September 27,
2UKK) at 8:30 AM. This report is available on the day of issue through STAT-USA/Internet at www. stat-usa. gov.


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Table 1. DURABLE GOODS MANUFACTURERS’ SHIPMENTS AND ORDERS
(Millions of dollars)

Seasonally adjusted nals
tem Monthly Percent hange et
lay Ine May June M Apr- q
2000" 2000" 2000 | July Junie’ | “May duu zuuu ly 99
DURABLE
Fotal:
Shipmenis a +16 +27 | 181.765 ot
New orders 4 +95 +72 187.263 +4
Untitled orders 3 +4. +12 557,322 497545 “12
Excluding defense :
Shipments 207.608 “17 +28 | 176,039 | 232,048 | 165,499 +o4
New orders “68 +66 | 182.991 | 235.489 | 1731474 435
Untilied orders 02 +13 | 448916 | 441/964 | 403841 +12
With unfilled orders : .
Shipments 178,680 178,644 “14 +13] 424] 156.280] 200275 | 144,441 +82
New orders 176,963 tssi42 ] 39} +O] +79] torc778 | 218'k23 | 151732 +66
Prima: vetals +
Shipments 16,048 16,106 4 08 14602 16,987 17.6
New orders 13,794 16,020 “1d +10] +08 1aans 16.238 “O
Untilled orders 31051 31305 03 - 313120 | 31307 13
Industrial machinery and equipment:
Shipments 44,238 | 42,514 | 42478 | +a +01 07 $0165 | 34,097 +147
New orders 45.952 | 44044 | 43/560 | +43 +1) 02] 41153 | So%sr 35.206 +169
Unfilled orders 90.178 | 88464 | 86934 | 419 +18] 413 7518 14d
Electronic and other
electrical equipment :
Shipments 41,103 | 41.329 | 40,455 “0.5 +22] 438] 36,199 30.909 | 417
New orders 39135 | 47056 | 47323 | -16.8 06 | +284 0,461 +72
Unfilled orders 102/304 | 104.272 | 987545 9] 4587 475 | 103,268 70087 | 475
Transportation equipment :
Shipments 47.439 | 52,294 | 49,912 “93 +48) 471 31806 | 56.149 | 32.697 27
New orders 46,810 | 68497 | 48354 | 37 | +4r7 | 468] 31340 | 73.676 +07
Cnfilled orders 242.260 | 242,889 | 226/686 “03 +71 07} 245883 | 2400 | 23008 +58
CAPITAL GOODS INDUSTRIES?
Total :
Shipments 67,433 $i 424 68,787 29 +09 +3. 80,702 $4,396 +88
New orders 68.413 063 | 67969 | 25:7 | 4354] +14 103.660 | 52,870 | +130
Unfitied orders seidee | agdlane | 38res7 | 203 +63 381,194 3827 | +107
Nondefense :
Shipments 60,804 | 62.375 | 62,357 24 03 5 72.993 | 48.046 +99
New orders e212 | 7137] oOBIR | 123 | 174 11 B0844 | 47.804 “161
Unfilled orders 273.771 | 272083 | 263052 | +06} 434 271334 | 251123 +89
Excluding aireraft and parts :
Shipments S078 | 33.985 | s3iga | +02 +16] 409] 47.681 63,732 r12$
New orders 551846 ] 381009 | 33.635 38 +83 “15 | 49745 | 66606 +168
Unfilled orders 128.775 | 127.007 | 122:923 | #14 | +33} 40a | 1289352 | 136288 +172
Defen:
Shipments: 6,539 7.049 6,230 -72 +131 0.9 7,709
New orders 5801 20,687 THE] 720} 1893 | +200
Unfilled orders 107-695 108.433, 94,795, 0.7 +14 +10 108 206 18) S60
ONAU NL gale Revived
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feypoine al aonrepoting Since the survey punel wea prbabilty ample. ext tes
Fenvimare pubieatng, Curent Indusinal Reus MUI). "Maneater Spe

re subject to survey ertie a revisit One major mp of survey eFtor Is monsamping ero, whieh ide
A canned Fre erate Suey Use, Pet, oa aa ae ced Me
es atl Orders "3987!

Sie Capital Gur Industries clade Nondetoase hance and aucessine, seam engies an ures, eth combustion engines, CN

vavlunery. general industal machinery. cimputer and wttice equipment, rerigeriton, heating sin serve industry machinery. eleireal tanwmecomn

complete erat, missile, ant space les. and sface vehicle engines and parts. shins and funk vumponents. tlltad equim
Detenne capital ay incline ommmunn tse equipment, aot. masks, save Hebi, al Pals, shifa, Unks and unk cep

‘mining and materia handing equipment, metalworking sastinery. special dust

oiribution egupment, electeal isdstrial appari, commiusnotws egos
i equpment,

m equipment

Table 2. AVERAGE REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES
(Based on seasonally adjusted data)

Shipments New Orders Unfilled Orders
Industry -

Year ago July | July 1999- [~ Year azo July ] July 1999-|~ Year azo July Tuly 1999-

July 1999 | 1995-1999 | June 2000. July 1999 | 1995-1999 June 2000] July 1999} 1995-1999 | June 200K

Durable goods ad 62 14 at a 35 ot o1 09

Primary metals v2 us iy us Os in Lao ns 2

Industrial machinery and equipment 66 19 20 21 10 28 6 m2 one
Flectronie and othe!

electrical equipment 30 Lo 20 12 id oa i) os 22

Iransportation equipment 72 al 38 on oF oo on ul i

Nondefense capital goods o4 6 26 07 06 St ol La

Delense capital goods 62 1 34 30 32 34 as 28

the revisions ave the differences between the month-to-month percent changes of the advance an final estimates The monthly averages ate the simple averages of the differences, witht vegan

wouths specified