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.
197° 1997" 1997] Apr.|  Mar.] Feb. 1997" 1997" 1997 1996} 97/96
All manufacturing industries... . 445,677) 442,806 441,908] +06] 40.2] 40.4] 448,198] 442,192 445,350) 437,183] +25
Manufacturing industries
with unfilled orders 1... 2... 300,170) 297,586} 296,749] 40.9] 403] 40.5 302,087] 296,115 298,342/ 293,901] 42.8
without defense capital goods 427,216} 424,436] 423,249] 40.7 +031 — +0.6| 429.765] 423'999 426,903 | 417,920] +28
Durable goods industries 383.241) 280,473) 279.684) 41.01 +03} 40.5} 284,726] 279,527 282,346 | 274,868] 43.6
With unfilled orders ee 260,765) 258,199] 257,400] +10] 40.3] 40.5] 262167] 256.796 259,086] 252,620] +3.8
Stone, clay, and glass products 8519) 8,505] 8526] 40.2 0.2] +02) 8,747] "8,691 8,722] 8573] +2.0
Primary metals 22.2... 24,038} 24201] 24,042 OT] 40.7) 40.4) 24,059} 24.197] 241011 23710) 41's
Blast furnaces, steel mills . . 12,114] 12,187] 12,062 206] +10) +02) 11,920] 12,028] 12/128] T1471) 43°90
Iron and steel foundries 1,508 1,507 1512 -0.1 03] +09 1,553 1,550 1,525 1482] +48
Nonferrous and other primary
metals... 2... : 10,419] 10,507] 10,468 8) +04) 405) 10,586] 10,619 10,448] 10,757 -16
Fabricated metal products 26,954] 26,813] 26,549 +0.5 +10 +0.7) 27,339! 27,077] 26,707] 26.372 43.7
Industrial machinery and equipment. 58,835] 58,099] 58,039 +13 40.1 +03) 59,262] 57,445] 59,039] 59.854 “1.0
Engines and turbines... . 3866] 3.803) 3.8407 +17) 10] +041 “3'802|  “s'esa 3,747] 3,730] +19
Farm and garden machinery 2,983] 2,932] 2,939] 41.7 02) 422) 3,016) 3,117] 3.277] 21931] 29
Construction, mining and
material handling equipment . . . . 7,383 7,323 7,341 +0.8 0.2 0.2 7,509 7,425 7,451 7,245 43.6
Metalworking machinery 7,423] 7311 7163) +15] 424] 423 7,438) 7,189] 7.137] 7,022] +59
Computer and office equipment . 11,827) 11,805] 11,839] +0.2 O37 +10) Uno1of ania} 12,237] 13/814] -13'8
Electronic and other
electrical equipment ....... 2. 41,263} 40,806} 40,897] +11 -02 0.0) 41,674] 40,327] 40,948] 41,350] +08
Electrical transmission and
distribution equipment and
industrial apparatus 4895] 4,855] 4,864] 40.8 02) +05) 4,906] 4,817] 4,870] 4,772] 42.8
Household appliances . . 2,773) 2686) 2,727) 43.2. “15 07! 2,959] 2,799} 2.869] 2803] 456
Electric lighting and
wiring equipment... ... . 3,396 3,353 3,347 +13 40.2 +0.4 3,437 3,335 3,356 3,398 +11
Household audio and
video equipment ........ 1,440 1,470 1,532 20)  -4.0 1,427 1,410 1,504 1616] 11.7
Communications equipment 11,443) 11,392] 11346] 40.4] 40.4 11,696} 11,222] 11394] 11,079] +56
Electronic components . . 13,734] 13,507} 13.538] +1.7 0.2 13,610} 13,211] 13,471] 14°043 23.1
Transportation equipment 72,510} 71,133} 70,785} +19] 405 72,4541 71,127 71,6441 65.329] +10.9
Motor vehicles and parts . 16,168] 16,001 15,899 +10 +0.6 16,207) 16,052] 16,100] 15,727 431
Aircraft, missiles,
space vehicles, and parts. 51,309} 50,257} 49,929] 42.1] 40.7 SL188} 50,110} 50,461] 44,563] 414.9
Shipbuilding and tanks .. . . . 1,886 1,892 1,895 0.3 0.2 1,916 1,924 1,927 1,848 43.7
Instruments and related products . 25,290] 25,193] 25214] 404] 01 25,414) 24,918] 25,093] 24.759] 42.6
Search and navigation equipment 6,845] 6,845 6,838 0.0} 40.1 6,899] 6,730] 6827/6582] 44.8
Measuring and controlling devices . 8,133 8,070} 8,080] +08] ~~ -011 8,182] 8,043 8,064 7931} +32
Medical instruments and supplies 7,634 7.613) 7,598] +03] 40.2 7,634] 7,507] 7,571 7,220) +5.7
Photographic goods... ... 2,029) 2,015] 2047] 40.7] «16 2,043 1,989 1,984] 2391] -14.6
All other durable goods 25,832} 25,723] 25,632] +04] +04 25,777) 25,745] 26,092} 24.921] 43.4
Nondurable goods industries . 162,436) 162,333 | 162,224 40.11 40.1! 40.4) 163,472 | 162,665 163,004) 162,315] +0.7
With unfilled orders... 39,405] 39,387] 39,349 0.0 . #05} 39,920] 39,389] 39.256] 41281 33
Food and kindred products . . . 33,362/ 33,410] 33386] 0.1 40.9) 32,698] 33,134] 33,527] 32,695 0.0
Meat products»... . 4090} 4,017], 3,975] +18 +02) 4,205) 4,079! “ao4o] 4201] 40:1
Dairy products . 3,057} 3,004} 2928] +18 *5.7) 3,115] 2,929) 23837] 2714] +148
Beverages .. sees 6254] 6,212] 6.283] 40.7 +02) 6279] 6,226] 6286| 6238] 40.7
All other foods, except fats and oils 17,877) 17,940} 17,947| 0.4 +05) 16,965] 17,516) 17,942] 17360] 23
Tobacco products : 6047) 5,972] 5970] +13 0.9! 5,987] 6,044] 6,454 5531] +8.2
Textile mill products 10.211) 10,127] 10,061] +08 O47 10,497) 10,172] 10,198} 10390] +10
Broadwoven fabrics and
other textiles... 6,018) 5,983) 5.987! +061 — -0.1 091 6,162] 5,988} 6,088] 6,187] 04
Paper and allied products 16,184) 16,313] 16,226] -0.8] 40.5 10) 16,427] 16,500] 16,383] 17.499] -6 1
Pulp, paper, and
Paperboard mill products . 6,634 6,653 6,696 0.3 -0.6 0.5 6,714 6,749 6,839 7,267 7.6
Paperboard containers and boxes . 4018] 4,104} 4,005 21f 42.5 07} 4,070} 4,183] 4,056] 4363 “6.7
Miscellaneous converted
Paper products .. 0... 2... 5,532) 5,556 5,525] 0.4] 406] -.8] 5,643 5,598 5488] 5,869] 3.9
Chemicals and allied products 40,279] 40,104] 40,134] 40.4 0.1 +0.7} 40,733} 40,472] 40554] 39.561 43.0
Industrial chemicals : 19,282] 19,354] 19360] -0.4 0.0) +03) 19,263] 19.443] 19,611] 18,927! 478
Drugs, soaps, and toiletries 16,016] 15,670} 15,662] +22] 401] 413] 16.208) is's13 15,465] 15,424] 45.1
Petroleum and coal products 12,836] 13,063] 13,068 “17 OO)  -12) 13,004) 12.949] 12'731 | 12's27] 4318
Rubber and plastics products 15978} 15,920) 15,847] +041 4051 4031 16.308] 16308 16,243] 15,466] +54
All other nondurable goods... . 27,539| 27,424] 27/532] 40.4 04) 415] 27,818] 27,086] 26,914] 28,646 29

° 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

360 360
New Orders
340 F- - ~~ rr rrr 4 Shipments || 340
320 320
300 300
280 ------------- ee rr rrr rr eer re ee eee ed 280
260 L L 1 L i i L 1 1 L 1 1 L 260
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb = Apr
Apr. 1995 - Apr. 1997
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

US Ratios UO/S Ratios
2.5 3.9
2.4 vos [4 3.8
2.3 us [43.7
2.2 ==+4 3.6
21p---- 2-2 er ee ee ee ee eee eee ee eee eee eee ee 3.5

2b-------- ++ r rrr eee ee eee ee ee ee ee eee ee 3.4
1.9 3.3
1.8 3.2
1.7 3.1
1.6 3
1.5 2.9
1.4 2.8
1.3 2.7
1.2 be ! ! ! ! l ! l ! l ! ! L156

Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb = Apr
Apr. 1995 - Apr. 1997

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.
197° 1997" 1997 | “Apr. | Maz. | Feb. | 1997" 1997" 1997 1996 |* 97/96
UNFILLED ORDERS
All manufacturing industries 518,577 | 520,336 | 522,060 03] 03 | +06 | 523,837 | 524,677 | 525,565 | 499,435 +49
Market categories :
Automotive equipment 2,031 2,028 1989 | 40.3} +18} +12] 2065] 2,075 | 2,052 1,954 +5.7
Home goods and apparel 8153 | 8,231 8,430 09 -19 | 8,496 | 8,285 | 8.244 | 91970 | -148
Consumer staples . . 2,166 | 2,099 | 1,884 | 43.2 “N83 | 2,035 1,943 1,812 1,755 | +16.0
Machinery and equipment 233,742 | 234,984 | 235,309 05 +12 | 234,251 | 235,031 | 236,357 | 222:467 45.3
Business supplies 6670 | 6599 | 6396] +11} 432] 28] 6695 | 6516} 6277 | 6383 +49
Construction materials
and supplies 16,607 | 16307 | 16289 | +18] +01 0.8 | 16,807 | 16,452 | 16,428 | 15,878 +59
Defense products . 102,884 | 103,020 | 104,471 0.1 14 -0.9 | 105,166 | 105,758 | 104,802 | 103,817 +13
Other materials, supplies and |
and intermediate products... . . 146,324 | 147,071 | 147,292 0.5} 0.2 | +13 | 148,322 | 148,617 | 149,593 | 137,211 48.1
Durable goods industries :
Nondefense capital goods * .... . . 254,224 | 255,812 | 256,072 0.6 | -0.1 | +11 | 254,381 | 255,871 | 257,228 | 240,417 45.8
Excluding aircraft and parts 100,071 | 99,754 | 98,730 | +03] +10] +23 | 100,228 | 99.813 | 99/886 | 98.612 +16
Defense capital goods ‘ . . -» | 107,924 | 108,127 | 109/517 02] -13 | -08 | 110,333 | 110,937 | 109,863 | 108,810 +14
Durables excluding capital goods 131,037 | 131,192 | 131,716 0.1 04 +11 | 133,306 | 132,597 | 134,257 | 126.134 45.7
Miscellaneous series :
Producers’ durable equipment 267,648 | 268,517 | 268,462 03 0.0 | +11 | 267,996 | 268,553 | 270,042 | 255,971 +47
Household durable goods... .... 5397 | 5374] 5.435 | +04] -11 |] 421 5,499 | 5,339 | 5,409 | 6,166 | -10.8
Information technology industries . | 39249 | 39.395 | 39,080 0.4 +08 +4.0 | 39,008 | 38,907 | 38,881 | 39,625 -1.6
Health care equipment
and products... 2... 2... 00, 8,121 7,931 8023 | 424] -11 03 | 7984] 7,772 | 8,292 | 7,446 472
TOTAL INVENTORIES
All manufacturing industries 445,677 | 442,806 | 441,908 40.6 | +0.2 | +04 | 448,198 | 442,192 | 445,350 | 437,183 42.5
Market categories :
Automotive equipment . . . 8173 | 8,032 | 7.995] +18} +05] 408] 8248] 8155] 8175 | 8,056 +24
Home goods and apparel 32,294 | 32,108 | 32,101 | +06 0.0 -0.1 | 32,807 | 31,983 | 32,101 | 32,678 +04
Consumer staples . . . 65,874 | 65,513 | 65,464 | +06] +01 | +08 | 65,548 | 65,016 | 65,531 | 64.181 42.1
Machinery and equipment 116,997 | 115,173 | 114,575 | 41.6 | 40.5 | +11 | 117,763 | 114,381 | 116340 | 110,012 47.0
Business supplies... .. 26,192 | 26238 | 26211 02] +01 | +04 | 26540 | 26301 | 26,091 | 26,483 +02
Construction materials
and supplies 26,437 | 26,336 | 26,275 | +04] +02} +02 | 26,781 | 26,667 | 26671 | 26,121 425
Defense products . 18,366 | 18,233 | 18,505 | +07] -15 | -22 | 18342 | 18,078 | 18323 | 19/022 3.6
Other materials, suppl
and intermediate products . . . 151,344 | 151,173 | 150,782 | 40.14 +03 | +0.2 | 152,169 | 151,611 | 152,118 | 150,630 +1.0
Durable goods industries :
Nondefense capital goods * on 110,954 | 109,256 | 108,672 +16 +0.5 +12 | 111,648 | 108,167 | 110,137 | 104,105 472
Excluding aircraft and parts. 71,322 | 70,578 | 70,587 +11 0.0 +0.2 | 72,100 | 69,514 | 71,294 | 72,549 0.6
Defense capital goods* ....... 18,461 18,370 | 18,659 40.5 AS -23 | 18,433 | 18,193 | 18,447 | 19,263 43
Durables excluding capital goods 153,826 | 152,847 | 152,353 +0.6 +03 +0.3 | 154,645 | 153,167 | 153,762 ] 151,500 421
Miscellaneous series :
Producers’ durable equipment . 185,015 | 182,510 | 181,579 | +14] +405 | 40.7 | 186,328 | 181,665 | 183,843 | 176,948 45.3
Household durable goods ....... 15,649 15,549 15,563 40.6 0.1 05 15,827 15,518 15,775 15,379 42.9
Information technology industries . | 35.683 | 35.545 | 35:565 +04 0.1 +0.3 | 36,139 | 34619 | 35,938 | 37,584 38
Health care equipment
and products... 0.2.0... 16,336 | 16,131 | 16111 | +13) +01 | 40.7] 16,440 | 15,945 | 15,982 | 15,602 +54

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.
19977} 1997°| 1997] Apr.| Mar.| Feb. 197°] 1997°| 1997] 1996] 97/96 | 19977 | __ 1996
SHIPMENTS
All manufacturing industries... .. | 325,633) 321,787] 321,419] +1.2]  +0.1] +0.9] 323,728] 336,609} 319,329] 305,245] +6.1) 1,268,012 1,189,650
Market categories :
‘Automotive equipment ......... 14,091] 13,734] 13,961] +2.6] -1.6] 1.9] 15,061) 14,694) 15,332] 14,886) +12] 58,526) 55,303
Home goods and apparel. 19,518] 18.958] 19,326] +3.0] -1.9}  +1.8] 18,326] 19,835) 19,061} 17,306) -+5.9) 73,122) 68,797
Consumer staples.......-.-.+-{ 67.437) 67,070] 67,413| +05} -0.5| -1.6 65,377] 67,156] 64,873] 63,675] +2.7) 261.411] 248,096
Machinery and equipment ....... | 59232) 58920] 57,146, +0.5]  +3.1)  +2.1) 57,782] 66,171] 56,677] 52,570] +9.9) 227,982) 209,905
Business supplies ........... 25:422| 25.213] 25,493] +08] -1.1] +0.6] 26,156] 25,371] 25,126] 25,405] +30) 99,924] 94,814

Construction mater
and supplies

Defense products . _

Other materials, supplies and
and intermediate products ...... 112,604] 111,281] 111,208] +12] +0.1]  +1.7] 113,949] 116,480] 112,191] 106,694 +68] 444,297] 417,617

20,614} 20,006} 20,093) +3.0} 0.4] +1.4] 20,707] 19,943] 19,206] 18,834) +9.9 77,240} 70,881
6,715) 6,605] 6,779) +1.7] -2.6| +64) 6,370] 6,959] 6,863] 5,875) +84 25,510] 24,237

Durable goods industries
Nondefense capital goods * .
Excluding aircraft and parts
Defense capital goods *

46,211] 45,787) 44,148] +0.9)  +3.7] +24) 43,442] 52,639] 42,494) 38,743] +12.1] 173,596] 159,884
39,273] 39,220] 38,344] +01] +2.3) +2.9) 36,464) 45,249) 36,899} 33,956] +74] 149,190] 141,788
6,384) 6,227 6,433] +2.5) 3.2) +6. 5,976} 6,562 6,459) 5,482) 49.0} 23,947] 22,764

Durables excluding capital goods. | 124'862] 123,383] 123,160] +12} +0.2|  +1.7| 127,023) 129,390] 125,556] 118,685] —+7.0} 493,245) 456,720
Miscellaneous series :
Producers’ durable equipment .... } 113,321} 111,704] 110,592] +14] +1.0, +1.7) 112,772] 122,729] 112,307] 104,426] +8.0] 443,870) 411,722
Household durable goods ... .. 9'655| 9.670| 9.657] -0.2|  +0.1] +4.4] 9,184) 10,500} 9,254] 8,677] +5.8)  36,693| 33,930
Information technology industries} 22,086] 22411| 21,944] -15] 42.1] +4.4) 19,133] 26,542) 20,065] 17,484| +94] 82,437) 76,597
Health care equipment
and products ........ ....--{ 10,729] 10,661] 10,729] +0.6f -0.6] 1.2) 10,081] 11,182) 10,412 9,538] +5.7] 42,002) 38,941
NEW ORDERS
All manufacturing industries... . . | 323,874] 320,063 324,369] +12] -1.3] +0.4| 322,888] 335,721] 324,898| 305,815] +5.6} 1,283,086 1,214,610

Market categories :
Automotive equipment .. .
Home goods and apparel
Consumer staples .

14,097] 13,769} 13,985] +24, -1.5)  -2. 15,051] 14,718} 15,368) 14,863 +13] 58,717] 55,339
19,441} 18,758} 19,164) +3.6] -2.1] +49] 18,536] 19,876] 19,258) 17,749 +44 73,997] 71,157
67,505] 67,285] 67,161] +03] +0.2)  -2.0| 65,469] 67,287] 64,539) 63,728) +2.7] 261,347] 248,026

Machinery and equipment .......| 57.990] 58.595) 59,874] -1.0] -2.1| +1.9]57,003| 64,845] 60,080] 51,917) +9.8] 233,443) 223,512
Business supplies .......-.----] 25493] 25:416| 25,307] +03) +04} 0.0) 26,335] 25,611] 24,889] 25,666] +2.6) 100,132] 94,961
Construction materials

and supplies

see 20,913} 20,024] 19,957] +4.4) +03] -0.3] 21,062} 19,967] 19,336] 18,817) +119 78,127] 71,482
Defense products . . 6,579} 5,153 5,787} #27.7) -11.0) -10.1 5,778) 7,915] 5,922] 5,433} +64 25,031} 29,683

and

Other materials, supp!
and intermediate products ...... 111,856] 111,063] 113,134] +0.7]  -1.8] +1.4] 113,654] 115,502] 115,506] 107,642] +56) 452,292] 420,450
Durable goods industries :
Nondefense capital goods? ......| 44,623| 45,527] 46,911] -2.0 -3.0] +24] 41,952] 51,282] 45,630) 37,692) +113) 177,879} 173,127
Excluding aircraft and parts... | 397590] 40,244] 40,609] 1.6] -0.9} +72) 36,879] 45,176] 39,537] 33,944] +8.6] 154,074) 145,076
Defense capital goods* ....... 6181] 4.837] 3,512] +278] -122} -11.1] 5,372] 7,636] 5,635] 5,053] +6.3) 23,942] 28,463
Durables excluding capital goods | 1242707] 122/859] 124,652) +1.5] -1.4] +1.1] 127,732} 127,730] 129,037] 120,158) +6.3 502,572) 461,424

Miscellaneous series :
Producers’ durable equipment . 112,452] 111,759} 113,643] +0.6
Household durable goods . 9'678| 9.609| 9,767|  +0.7|
Information technology industries 21,940] 22,726] 23,464] 3.5)
Health care equipment

and products . veveess sf 10,920) 10,568} 10,702} +33 i) ad 10,293] 10,663} 10,461 9,574 +75 42,345] 38,860

+19} 112,215] 121,240] 116,225] 103,714) 48.21 451,399] 425,349
+9 9,344) 10,430) 9,455 8,938 +4.5 37,383] 35,122
+8.7| 19,234] 26,568] 21,844) 18,072 +64 84,709| 77,979

° Preliminary. ‘ Revised.
' Topical series are regroupings of the separate industry categories.
2 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations.

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

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

«Defense capital goods industries include : ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships, tar
and tank components; and search and navigation equipment.

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


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

Inventory / Shipments ratio Unfilled Orders / Shipments ratio"
Industry Apr. Mar. Feb. Jan. Apr. Mar, Feb. Jan.
1997" 1997" 1997 1997 197° 1997" 197 197
All manufacturing industries... . 137 138 137 2.86 2.89 2.92 2.98
Durable goods industries... ... . 1.60 1.60 161 3.40 3.44 3.50 3.57
Stone, clay, and glass products... | 113 115 114 095 095 0.93 099
Primary metals -. 2... 2... U31 154 1.53 1.98 198 1.96 197
Fabricated metal products | : 1.46 149 147 143 145 143 144
Industrial machinery and equipment . 176 1.76 1:80 236 237 241 2.40
Electronic and other
electrical equipment ........... 145 138 1.43 152 1.76 1.74 1.83 187
Transportation equipment || | || | 1:76 178 177 1.75 1N61 12:16 12.47 12.78
Instruments and related products . |. 1.90 191 191 199 3.65 3.68 3.66 3.76
Nondurable goods industries ..... . . 1.10 Li 1.10 1.09 0.70 0.70 0.68 0,70
Food and Kindred products |||) || | | 0.84 0:85 0.85 084 (x) fea) (era) fea)
Tobacco products... . . eee ee 2.06 1.99 2.05 1.96 (xX) (X) (xX) &)
Textile mill products.) ) || || 150 150 149 131 (NA) (NA) (NA) (NA)
Paper and allied products ||) | || 121 125 122 123 (NA) (NA) (NA) (NA)
Chemicals and allied products ||| | 122 124 123 1.23 (x) & pela) O&O
Petroleum and coal products... || | | 0.84 0.85 081 0.80 & (X) (xX) (Xx)
Rubber and plastics products |. ||. | 128 132 130 131 &) &) &) &)

° 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;

ratrofenen cle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related products; chemicais:
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? | 1996: Apr? | 1986: Apr? | 1996: Apr? | 1996:
Apr’ | 1992- | Mar/Apr’ | 1992-1 Mar. | Apr.' | 1992- | Mar. | apr! | 1905. | eer
1997 | 1996 | 1997] 1997] 1996 | 1997 | 199" 1996 | 1997] 1997] 1996] 1997
All manufacturing industries . (%) 0.1 01 es) 0.2 0.2 (%) 0.0 0.1 e4) 0.0 0.0
Durable goods industries. . 01 0.2 02 0.1 04 03 0.0 0.0 01 () 0.1 0.1
Stone, clay, and glass products (X) 10 05 (X) 18 08 (X) 09 07 (X) 02 01
Primary metals... 0.0 04 03 Ol 18 08 Ol 05 04 & 03 0.0
Fabricated metal products wee (x) 03 03 (x) 02 0.6 (x) 01 03 (Xx) 01 01
Industrial machinery and equipment. 0.0 04 04 0.5 0.6 0.5 Ol 02 01 (X) Ol 01
Electronic and other

electrical equipment 0.1 03 0.5 04 0.6 08 0.1 0.4 es) 0.1 0.2
Transportation equipme: 03 03 04; -L 04 iW . Ol 02 (x) 01 01
Instruments and related pi (x) 03 04 (x) 1.0 1.0 0.2 02 (x) Ot 0.2
Nondurable goods industries . . (x) 01 01 ~ Ol 01 03 02 fe) O1 o.
Food and kindred products . - (xX) 01 03 (X) (x) (9) &) (es) oS 0.1 0.1
Tobacco products . . : (x) 06 Ol (Xx) (Xx) &) (X) &) ies 02 0.0
Textile mill products (xX) 03 03 (x) (NA) (NA) (NA) (NA) ‘X) 0.1 02
Paper and allied products... (Xx) 0.1 01 (X) (NA) (NA) (NA) (NA) (X) 0.0 0.1
Chemicals and allied products. | | | (xX) Ol 03 (x) (xX) (xX) (X) (X) (X) 0.1 01
Rabe m ang coal products} ay} orf oat G3] BB] M} OO} MY] o4f 04
Rubber and plastics products... | | | &) Ol 03 (xX) (X) (xX) (X) (X) (xX) 03 0.2

Capital goods industries :
Nondefense ........ 0.2 03 03 0.7 05 06 0.1 0.0 0.1 ee) 0.1 01
Defense... 03 04 06} 02 28 46 0.0 O1 03 & ol 02

(X) Not applicable, (NA) Not available.

Note : The five year and the twelve month revisions are the differences between the month-to-month petcent changes of the preliminary and final estimates. ‘The
monthly averages are the Simple averages of the absolute values of the differences for the months specified. ‘The advance to final pereett change revisions for the
durable goods industries are shown in the advance report for the month.

' The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.
> Average for this month for the last five years.
See note at end of table 2 relating to survey error and revision.


CURRENT INDUSTRIAL REPORTS

our
Py

es,

Stares OF

yi) * De,

e

“Chey

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

Manufacturers’ Shipments,
Inventories, and Orders

April 1997
M3-1-(97)-04
For Wire Transmissions 10:00 a.m. B.D.T. June 4, 1997

For Data - (301) 457-4673
For Questions - Kathy Menth or Gloria Cable
(301) 457-4804 or (301) 457-4832

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

Summary

New orders for manufactured goods in April increased $3.8 billion
or 1.2 percent to $323.9 billion, the Department of Commerce, Bureau of the
Census reported today. This follows a 1.3 percent March decrease and is the
third increase in the last four months. Excluding transportation, new orders
increased 0.9 percent, following a 1.0 percent March decrease. Year to date,
new orders are 5.7 percent above the same period a year ago.

Shipments, up for the fourth consecutive month, increased $3.8 billion
or 1.2 percent to $325.6 billion, following a 0.1 percent March increase.
Year to date, shipments are 6.5 percent above the same period a year ago.

Unfilled orders, down for the second consecutive month, decreased
$1.8 billion or 0.3 percent to $518.6 billion, following a 0.3 percent March
decrease. The unfilled orders-to-shipments ratio was 2.86, down from 2.89
in March.

Inventories, up nine of the last ten months, increased $2.9 billion or
06 percent to $445.7 billion, following a 0.2 percent March increase. The
inventories-to-shipments ratio was 1.37, down from 1.38 in March

New Orders

New orders for manufactured durable goods in April increased $2.3
billion or 1.3 percent to $175.5 billion, revised from the previously published
1.4 percent increase. This follows a 2.2 percent March decrease and is the
third increase in the last four months.

‘Transportation equipment, up for the first month since January, had
the largest increase, $1.3 billion or 3.4 percent to $39.0 billion; all
component industries except railroad equipment increased. This follows a
3.9 percent March decrease. Industrial machinery and equipment, up for the
fifth consecutive month, increased $0.9 billion or 2.7 percent to $34.1
billion. This follows a 0.2 percent March increase. Fabricated metal
products, up three of the last four months, increased $0.7 billion or 3.8
percent to $18.8 billion, following a 1.3 percent March decrease. Primary
iretals, up five of the last six months, increased $0.5 billion or 2.9 percent
to $16.5 billion, following a 1.3 percent March increase. Electronic and
other electrical equipment, down for the second consecutive month,
decreased $1.6 billion or 5.7 percent to $27.1 billion, due to electronic
components and communication equipment, This follows a 6.1 percent
March decrease.

New orders for nondurable goods, up for the first month since
January, increased $1.5 billion or 1,0 percent to $148.4 billion, following a
0.3 percent March decrease. Chemicals and allied products, apparel and
related products, and paper and allied products had the largest increases;
printing and publishing had the largest decrease.

Snipments

Shipments of durable goods in April, up for the fourth consecutive
month, increased $2.1 billion or 1.2 percent to $17755 billion, revised from
the previously published 1.1 percent increase. This follows’a 1.0 percent
March increase.

Transportation equipment, up for the fourth consecutive month, had the
largest increase, $1.2 billion or 3.0 percent to $41.2 billion, with all
component industries except railroad equipment increasing. This follows a
0.4 percent March increase. Industrial machinery and equipment, up four of
the last five months, increased $0.5 billion or 1.6 percent to $33.5 billion,

following a 2.0 percent March increase. Fabricated metal products, up three
of the last four months, increased $0.5 billion or 2.7 percent to $18:5 billion,
following a 0.7 percent March decrease. Primary metals, up six of the last
seven months, increased $0.3 billion or 1.8 percent to $16.0 billion,
following a slight March decrease. Electronic and other electrical
equipment, down for the first month since January, decreased $1.1 billion o1
3.6 percent to $28.5 billion, following a 3.3 percent March increase.

Shipments of nondurable goods, up for the first month since January,
increased $1.8 billion or 1.2 percent to $148.2 billion. This follows a 09
percent March decrease. Chemicals and allied products had the largest
increase, $0.7 billion or 2.3 percent to $33.0 billion. This follows a 1.0
percent March decrease and is the fourth increase in the last five months.

Unfilled Orders

Unfilled orders for durable goods in April decreased $1.9 billion or 0.4
percent to $493.2 billion, unrevised from the previously published 0.4
percent decrease. This follows a 0.4 percent March decrease and is the
second decline since August 1996.

Transportation equipment had the largest decline, $2.3 billion or 0.9
percent to $249.8 billion, mostly due to aircraft and parts. This follows a
0.9 percent March decrease and is the third consecutive monthly decline.
Electronic and other electrical equipment, down for the second consecutive
month, decreased $1.4 billion or 2.6 percent to $50.2 billion, following a 1.5
percent March decrease. Industrial machinery and equipment, up for the
fourth consecutive month, increased $0.6 billion or 0.8 percent to $74.2
billion, following a 0.4 percent March increase. Primary metals, also up for
the fourth consecutive month, increased $0.5 billion or 1.7 percent to $31.6
billion, following a 1.1 percent March increase. Fabricated metal products,
up for the fifteenth consecutive month, increased $0.3 billion or 1.4 percent
to $24.6 billion, following a 0.6 percent March increase.

Inventories

Inventories of durable goods in April, up nine of the last ten months,
increased $2.8 billion or 1.0 percent to $283.2 billion. This follows a 0.3
percent March increase. Transportation equipment, up eleven of the last
twelve months, increased $1.4 billion or 1.9 percent to $72.5 billion. This
follows a 0.5 percent March increase. Industrial machinery and equipment,
up for the fourth consecutive month, increased $0.7 billion or 1.3 percent to
$58.8 billion. This follows a 0.1 percent March increase. Electronic and
other electrical equipment, up for the first month since November, increased
$0.5 billion or 1.1 percent to $41.3 billion, following a 0.2 percent March
decline. Fabricated metal products, up for the seventh consecutive month,
increased $0.1 billion or 0.5 percent to $27.0 billion, following a 1.0 percent
March increase. Primary metals, down for the first month since January,
decreased $0.2 billion or 0.7 percent to $24.0 billion, following a 0.7 percent
March increase.

Inventories of nondurable goods, up for the ninth consecutive month,
increased $0.1 billion or 0.1 percent to $162.4 billion, following a 0.1
percent March increase. Chemicals and allied products had the largest
increase; petroleum and coal products had the largest decline.

By stage of fabrication, April finished goods increased 1.9 percent in
durables and decreased slightly in nondurables. Work in progress increased
1.0 percent in durables and 0.7 percent in nondurables. Materials and
supplies increased 0.2 percent in durables and decreased 0.1 percent in
nondurables.

(See Back Page for Upcoming Revisions)
Our internet address is http://www.census.gov/ftp/pub/indicator/www/m3prel.html

‘The advance report on durable goods for May is scheduled for June 25, 1997 at 8:30 a.m. and the full report on July 2, 1997 at 10:00.a.m. For sale by the Superintendent of Documents,
U.S. Government Printing Office, Washington, DC 20402. This report is available on the day of issue through the Department of Commerce's online Economic Bulletin Board (N-8-1)
(202-482-3870).


Nondefense Capital Goods 1
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

§2F-------------------------------222222 New Orders || 52

i 1 a L L 1 1 L L L L i if
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr
Apr. 1995 - Apr. 1997

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

10 10
a New Orso] |
Shipments
8

4 i i 1. L J, 1 L L 1 1 4 L i 4
Apr Jun Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr

Apr. 1995 - Apr. 1997

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.
1997" | 1997" 1997 | Apr. | Mar. | Feb. 1997" | 1997" 1997 1996 | 97/96
MATERIALS AND SUPPLIES
All manufacturing industries 144,035 | 143,933 | 143,127] +01 | +06 | +04 | 143,660 | 143,052 | 143,640 | 145,003 09
Durable goods industries... . 83,424 | 83,263 | 82,365] +02] +11 82,646 | 82,119 | 82,597 | 83,332 -0.8
Stone, clay, and glass products . 2:861 8: 2930) +14] 03 2,828 | 2,793 | 2.838] 2.739 | +32
Primary metals -. . . 7943 | 7945 | 7912 oo} +04 7709 | 7716 | 77889) 7328} +52
Fabricated metal products -| 9956 | 9947 | 91939 | +01] +11 9396 | 9913 | 9846] 9670] +23
Industrial machinery and equipment | 16,708 | 16974 | 16,751 16} +13 16,546 | 16,563 | 16,866 | 17.920 -17
Electronic and other
electrical equipment . . 14,489 | 14,384 | 13,955 | 40.7 | 43.1 14,529 | 14,231 | 13,829 | 15,073 3.6
Transportation equipment . . 12946 | 12.778 | 12,758 | +13] +02 13,011 | 12,779 | 12870 | 12,750 | +2.0
Instruments and related produ 7997 | 7'982 "929 | 40.2} +07 025 939 876 °766 | +33
Lumber, furniture and
miscellaneous durable goods 10,524 | 10,431 | 10391 | +09 | +04 10,102 | 10,185 | 10,583 | 10,086 | +0.2
Nondurable goods industries 60,611 | 60,670 | 60,762 | -0.1} -02 61,014 | 60,933 | 61,043 | 61,671 “Ll
Food and kindred products 11347 | 11.477 | 11,608 Lb] 11324 | 11,613 | 11,788 | 11,796 -4.0
Tobacco products 964 | 4,876 | «4.831 | +18] +09 51059 7040 3146 ,679 | +8.1
Textile mill products’ | 3224 | 3227 | 3162 | -O1] +2) 3.278 | 3,254 | 3,217 | 2.994] +95
Paper and allied produ 7695 | 7743 | 7.731 06 | +02 719 | 7765 | 7770 | 81320 -72
Chemicals and allied products 13346 | 13,309 | 13331 | +03 | -02 13,395 | 13,270 | 13.285 | 121992 | 43.1
Petroleum and coal products 437 4456 | 4458 | -18 0.0 4514 | 4467 | 4301 | 4369 | #33
Rubber and plastics products 5938 | 5919) 5927] +03] 0.1 53985 | 5.945 | 5:967 | 5,825 427
Apparel, printing and publishing
and leather goods... . . 9,72] 9663] 9,714] +06] -05] +30] 9,740] 9579] 9,569 | 10,696 89
WORK IN PROCESS
All manufacturing industries... . 150,434 | 149,074 | 148,417 +04 | +06 | 150,573 | 148,495 | 149,040 | 143,188 | +52
Durable goods industries. 123,674 | 122,502 | 121,911 +05 | +05 | 123,906 | 122,123 | 122,667 | 117,399 | +55
Stone, clay, and glass products 1230 | “1261 1,281 “16 | +13 | 1293 | “1345 1342 | 1296 -02
Primary metals. -... 2... 984 | 95007 | 8981 +03 +01 | 9043 | 91079 | 8955 | 91096 06
Fabricated metal products / | 7420 | 73353 | 7329 403 | +12] 7472 | (7350 | 73305 | _7:496 03
Industrial machinery and equipment’ | 24/320 | 23,924 | 23/580 +15 | 07 | 24/423 | 23,633 | 23,812 | 24,093 +14
Electronic and other
electrical equipment ........ 14913 | 14,987 | 15,165 -12 | +03] 15,014} 14,977 | 15,225 | 15,114 0.7
Transportation equipment . 51,130 | 0,273 | 49/812 +09] +15 | 50824 | 50,128 | 50.248 | 44/632 | +139
Instruments and related products ° 11201 | 11185 | 11,258 06} -1.1 | 11,306 | 11,070 | 11,261 | 11,048 +23
Lumber, furniture and
miscellaneous durable goods . . 4476 | 4512] 4505} -08] +02} +02} 4531] 4541] 4519 | 4,624 -2.0
Nondurable goods industries 26,760 | 26,572 | 26506} +07} +02] +09 | 26,667 | 26372 | 26373 | 25,789 | 43.4
Food and kindred products « 4687 | 4570 | 4634 | 426] -14 | +13 | “4480 | “4491 | “4636 ] “4257 | = +52
Tobacco products. . . 274 299 290 | -84| +31 | +169 207 259 215 203 | +2.0
Textile mill products... |: 2,691 | 2,643 | 2,663 | +18] -08 | +04] 2,731 | 2647 | 2,667 | 2,844 -40
Paper and allied products . |: | 4767} 1776 | 1,772] -05] +02} 04] 1790! 1.778! 1769 | 1.781 +05
Chemicals and allied products 7196 | 7046 | 6,894 | 421] 422] +10] 7194] 6997 891 | 6,740 | +6.7
Petroleum and coal products... | 2581 | 2667 | 2,695 32] +10} -12] 2601 | 2,663 630 | 2,520 | 43.2
Rubber and plastics products... | 2140 | 2144 | 2106] -02) +18 | +27 | 2131 | 2149] 2158] 2017 457
Apparel, printing and publishing
and leather goods ............ 5.424] 5.427] 5,452] 01] -05 | +06] 5,533 | 5,388 | 5,347 | 5,427 42.0
FINISHED GOODS
All manufacturing industries 151,208 | 149,799 | 150,364] +09] -04 153,965 | 150,645 | 152,670 | 148,992 +33
Durable goods industries... . 76,143 | 74,708 | 75,408 | +19] -09 78,174 | 75,285 | 77,082 | 74,137 | +54
Stone, clay, and glass products 4428 | 4422 | 441s | +01] +02 4626 | 4553 | 4542 | 4538 | +19
Primary metals -.. 22... Til | 77249} 7149} -L9 | +14 7307 | 7,402 | 7,257 | 7286 | +03
Fabricated metal products 9578 | 9/513 | 9381 | 40.7] +14 go71 | 9814 | 9556 | 9206] +83
Industrial machinery and eq) 173307 | 17,201 | 17,708 | +35] 29 18,293 | 17,249 | 18,361 | 17,841 425
Electronic and other
electrical equipment tiger | 1na3s | 1777 29 12,131 | 11119 | 11,894 | 11,163 48.7
Transportation equipment . : 082 | 8,215 “16 8619 | 8,220 | 8,526 947 +85
Instruments and related products - 6,092 | 6.026 | 6,027 0.0 6.083 | 5909 | 5956 | 51945 | +23
Lumber, furniture and
miscellaneous durable goods 10,832 | 10,780 | 10,736 +04 11,144 | 11,019 | 10990 | 10211 49.1
Nondurable goods industries 75,065 | 75,091 | 74,956 +02 75,791 | 75,360 | 75,588 | 74,855 +13
Food and kindred products 17328 | 17363 | 17.144 +13 16,894 | 17,030 | 17,103 642 415
Tobacco products ....... 809 849 -6.1 72 745 | 1,033 649 | +111
Textile mill products’ | 4306 | 4s7 4,236 +05 4488 | 4271 | 4314] 4,552 “14
Paper and allied products . 6.722 794 | 6,723 +11 6918 | 6957 | 6.844 | 7398 “65
Chemicals and allied products 19,737 | 19,749 | 19,909 -08 20,144 | 20,205 | 20,378 | 19829} +16
Petroleum and coal products... | 5,880 5: 5.915 40.4 5,889 | “5,81 800 | 5,638 | +45
Rubber and plastics products... . 7900 | 7.857 | 7.814 +06 gis2 | 8214 | 8118 | 7624 | +75
Apparel, printing and publishing
and leather goods ............ 12,393 | 12,334 | 12,366 03 12,545 | 12,119 | 11,998 | 12,523 +02

° Preliminary. ‘ Revised.

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


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

ions 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.
197° 1997" 1997| Apr.] Mar.| Feb. 197° 1997" 1997 1996] 97/96
All manufacturing industries . 518,577] $20,336] $22,060] -0.3 03] +06] 523,837] 524,677] 525,565] 499,435] +49
Manufacturing industries
without defense capital goods . . 410,653 | 412,209] 412,543 04] 0.1] +09] 413,504} 413,740] 415,702} 390,625] +5.9
Durable goods industries ......... 493,185 | 495,131] 497,305 04] -04] 40.7] 498,020] 499,405] 501,348] 475,361]  +4.8
Stone, clay, and glass products . . . 6778} 6713) 6617] +10] +15] -23] 6,898] 6,793 6,773} 7,093 27
Primary metals ......... : 31,595] 31,075] 30,737] 41.7] +11] 40.4] 33,082] 32,667] 31,856] 30,866] +7.2
Blast furnaces, steel mills . 12,518} 12,184] 12,252] 42.7] = -0.6} = -09] = 13,069] 12,818] 12,930] 12,693) +3.0
Iron and steel foundries... .. 4,705} 4,660] 4,545] +10] +25] +12] 4,879) 4852/4690] 4,160] +173
Nonferrous and other primary
metals... 2.2... 14372] 14,231] 13,940] +10] +21] +14] 15,134] 14,997] 14,236] 14,013] +8.0
Fabricated metal products + | 24601] 24,257] 24121] +14] +06] «= +10] 24,641] 24,326] 24,215} 21,792] H13.1
Industrial machinery and equipment, : 74,177 73,554 73,287 +08 +04 +12 74,189 73,555 74,501 71,999 +3.0
Engines and turbines .......... 11,677] 11,807] 11,691 ll} +10] 43.7] 11,159] 11,558] 11,807] 10,480} -+6.5
Construction, mining and
material handling equipment 9497| 9,358] 9,284] +15] 408] -01 9,839] 9,772] 9,585] 9,458]  +4.0
Metalworking machinery . 9,094 8,876 8,927 42.5 -0.6 42.6 9,094 8,876 8,927 8,798 43.4
Computer and office equipment . . . 9,960] 10,060) 10,248} 10} -1.8] 0-1. 9,721 9,552] 10,053] 9531] +20
Electronic and other
sleetrical equipment ........... 50,189] $1,547] $2,321 2.6 -1S{ +41] 50,707] 51,281] 53,358] 50,645] +01
{transmission and
6771 6,720] 6592] +08] +19] +16] 6,838] 6813] 6,707] 6,110] +119
Electric lighting and
wiring equipment . 4,551 4438} 4527] 42.5 20) 0-1 4,551 4438] 4527) 4,149] 49.7
Communications equipment . 14951] 14,907] 14,583] +03] 422] «= +7.5] 14,967] 14911] 14,576] 15,887] 5.8
Electronic components 19,269] 20,935] _ 22,205 80] 5.7] +43] 19,712] 20,550] 22,897] 20,455] -3.6
‘Transportation equipment . . 249,754] 252,042} 254,403 09} 09] 0.3] 252,128] 254,576] 254,685] 236,795] +6.5
Aircraft, missiles,
space vehicles, and parts. 219,404] 221,281] 223,779] 08] -1.1 0.0] 221,593] 223,542] 223,838} 207,081] —+7.0
Shipbuilding and tanks . . 17,155] 17,253] 17,519 -0.6 -15 -2.6| 17,162] 17,242] 17,480] 17,034] +0.8
Instruments and related products 48,541] 48,550] 48,448 0.0} +02] +17} 48,702] 49,073] 49,008] 48,427] +06
Search and navigation equipment 28,858] 29,027] 28,878] 0.6] +05) 42.6] 29,062] 29,572] 29,172] 29,813 25
Measuring and controlling devices 10,295] 10,357] 10,360] -0.6 0.0] -0.2] 10,295) 10,357) 10,360] 10,225] +07
Medical instruments and supplies . 8,086 7,897 1,991 424 12 03 7,949 7,740 8,261 TAID +71
All other durable goods : 7,550 7,393 7,371 +21 +03 +0.8 1,673 7,134 6,952 7,744 09
Nondurable goods industries ...... 25,392| 25,205] 24,755) +0.7} +18] 1.5] 25,817] 25,272] 24,217] 24,074] +72

° 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.
19977] 1997] 1997] Apr. | Mar. Feb.) 1997°| 19977] 1997] 1996] 97/96] 19977 | 1996

All manufacturing industries ... .. | 323,874] 320,063] 324,369] +1.2| -1.3| +0.4] 322,888) 335,721] 324,898] 305,815] —+5.6| 1,283,086]1,214,610
Manufacturing industries

with unfilled orders... ... 179,624] 178,325] 181,595] +0.7) -1.8) +1.4] 176,511} 190,382] 182,245] 165,574] +6.6 715,009] 681,138
without defense capital goods . .. . . | 317,693] 315,226| 318,857] +0.8] 1.1] | +0.6 317,516] 328,085] 319,263] 300,762] +5.6] 1,259,144 1,186,147

Durable goods industries
With unfilled orders
Stone, clay, and glass products . .
Primary metals -.......
Blast furnaces, steel mills .
Iron and steel foundries bene
Nonferrous and other primary
metals... 6... 8,181] 8,189] 8,074] -0.1] +14) +02) 8,426 9,031] 8,372] 7,839] -+7.5| 33,812] 30,805
Fabricated metal products ........| 18,799] 18,111} 18,343] +3.8} -1.3]  +1.8/ 18,992] 18,659] 18,674] 17,431] +9.0] 73,087] 67,481
Industrial machinery and equipment . | 34,100} 33,211] 33,154] +2.7] +0.2) +2.0] 32,904] 37,825] 33,071] 29,757] +10.6} 132,344] 125,057
Engines and turbines ..........] 1,652} 1,810] 2,046] -8.7] -11.5] +219) 1,267} 1694] 1,773 1.241] #21] 5.945] 5,732
Construction, mining ani
material handling equipment
Metalworking machinery

175,511} 173,223] 177,075] +13 -22)  +1.0) 175,056] 186,6481 180,302} 162,903 +75] 704,393} 663,014
143,190] 141,792] 145,583} +1.0) 2.6, +1.6] 140,460) 153,183] 146,685} 129,658) +8.3) 572,988] 540,656
7,589} 7,513 7,321] +1.0) +2.6, +14) 7,815} 7,201 6,983} 6,910) +13.1 28,370) 25,441
16,484) 16,015} 15,817} +2.9[ +13} -0.5] 16,887] 17,067] 17,009) 15,361 +9.9 67,543} 62,574
6,775] 6,293] 6,254) +7.7] +0.6 -1.3] 6,859] 6,435] 6,958] 6,046] +13.4] 27,317) 25,778
1,528) 1,533) 1,489] -0.3) +3.0) 0.5) 1,602) 1,601 1,679 1,476} +8.5 6,414 5,991

4,115] 3,932} 3,760] +4.7] +4.6)  -1.2] 4,190] 4,462] 4,100] 3,558] +17.8 16,616] 15,147
3,649} 3,352} 3,525} +8.9) 49 +18) 3,471 3,624) 3,457) 2,848) +21.9 13,333] 12,052

Computer and office equipment .. . 8,866 8,989) 8,806] -1.4) +211] -2.4[ 7,073] 11,588} 7,904] 6,886] +2.7| 33,192] 31,475
Electronic and other
electrical equipment ........ 27,123] 28,772] 30,632] —-5.7 ~6.1[  +7.8) 26,110} 29,519} 30,127} 26,202) -0.4) 112,518] 102,839

Electrical transmission and
distribution equipment and
industrial apparatus... . . ++-f 3,360] 3,275) 3,272] +2.6) +0.) +1.7] 3,315] 3,494] 3,415] 2,984] +11} 13,248] 12,144
Electric lighting and
wiring equipment .
Communications equipment
Electronic components
Transportation equipment . .
Aircraft, missiles,

2,277 1,989) 2,038] +14.5] -24[  -6.6 2,199) 2,142) 2,131 1,938] +13.5 8,430 8,105
6,523} 6,990} 7,499] -6.7] -6.8} +22.9) 5,833 7,751 6,908 5,232} +115 25,135} 22,445
9,404) 10,953} 12,294] -14.1} -10.9]  +8.6] 9,645] 10,733) 12.407] 11,130} -13.3 44,651) 40,303
38,953] 37,673) 39,213] +3.4 -3.9|  -7.2) 40,661] 42,907) 42,263} 38,294] +6.2} 165,201] 165,665

space vehicles, and parts. 8,545] 7,571] 9,294] +129] -18.5] -19.4] 8,271] 10,771] 9,052] 6,878} +20.3] 37,910] 46,098
Shipbuilding and tanks... . 743/536] 325] +38.6] +649} -50.8] 756] +5891 394] 442] $71.0) 2.296] 3,292
Instruments and related products ....| 13,288] 13,311] 14,056] -0.2[ -5.3] +5.9] 12,346] 14,189] 14,096] 11,537] +7.0] 52,564] 48,218
Search and navigation equipment .| 2,566] 2,799] 3,398] -8.3] -17.6] +362) 2,098] 3,257] 3,528] 2,144) -2.1] 10.916] 9,782
Measuring and controlling devices .| 3,918] 3,862] 3,997| +1.5|  -3.4] +2.5| 3,759) 4.237] 3,966] 3,486] +7.8) 15,532] 14,837
Medical instruments and supplies .| 4,309) 4,123 4,149] +4.51  -0.6]  -8.0 4,082] 4,022] 4,190] 3.727|  +9.5] 16588] 15,061
All other durable goods .......... 19,175] 18,617] 18,539] +3.0] +041 +4.3) 19,341] 19,281] 18,079] 17,411] +111] 72,766] 65,739
Nondurable goods industries ....... | 148,363] 146,840] 147,294] +1.0]  -0.3]  -0.4| 147,832] 149,073] 144,596] 142,912]  +3.4] 578,693] 551,596

With unfilled orders... . 36,434] 36,533} 36,012] -0.3] +14) +0.6] 36,051] 37,199] 35,560] 35,916) +04) 142,021] 140,482

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

(n) When new orders for a prior month are negative because of cancellations, the percentage change calculation is algebraically negative, even though there is a net dolla
increase from the prior month to the current month.

Note : Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling enor
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Furthe
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(95)
“Manufacturers” Shipments, Inventories, and Orders: 1982-1995."


Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS
i

ns of dollars)

FOR INDUSTRY GROUPS

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.
1997°| 1997] 1997] Apr. | Mar.| Feb.| 19977} 1997°] 1997] 1996} 9796 | 19977} 1996
All manufacturing industries . 325,633] 321,787] 321,419] +1.2] +0.1]  +0.9} 323,728] 336,609| 319,329] 305,245] +6.1 1,268,012 ]1,189,650
Manufacturing Industries
with unfilled orders .......... | 181,383] 180,049] 178,645] | +0.7]  +0.8] +24) 177,351] 191,270] 176,676] 165,004] +7.5] 699,935] 656,178
without defense capital goods’ 319,249] 315,560] 314,986] +12] +0.2}  +0.8) 317,752| 330,047] 312,870] 299,763] _+6.0] 1,244,065 }1,166,886
Durable goods industries ......... 177,457] 175,397] 173,741] +1.2 +2.0) 176,441] 188,591] 174,509] 162,910] +83] 690,788] 639,368
With unfilled orders + --} 143,136] 143,966] 142,249] +0.8 42.9] 141,845] 155,126] 140,892| 129,665] +9.4] 559,383] 517,010
Stone, clay, and glass Products a 7,924, 7.417] 7,475] +1.4| 43.6 7,710] 7,181] 6,882] 6,911] +116} 27,976] 25,110
Primary metals. 15,964] 15,677] 15,680] +1.8 +0.8] 16,472] 16,256] 16,131] 15,382] +7.1] 63,676) 59,983
Blast furnaces, steel : 6441] 6.361] 6,369] +1.3} -0.6 6,608] 6,547] 6,616] 6,299] +4.9] 25,999] 24,763
Iron and steel foundries... . 1,483] 1,418] 1,436] +4.6] +0.) 1,575] 1,439] 1,490] 1,463 +7.7] 5,857] 5,401
Nonferrous and other primary
metals . 8,040] 7,898] 7,875] +1.8] 42.0] 8,289] 8,270] 8,025] 7,620] +8.8] 31,820] 29,819
Fabricated metal products... - | 18,455] 17,975] 18,096) +2.7] +16) 18,677] 18,548] 18,220] 17,453 +7.0] 71,829] 67,010
Industrial machinery and equipment .| 33,477| 32,944] 32,288] +1.6 +0.5] 32,270] 38,771) 31,927| 29,714] +8.6] 130,126] 123,622
Engines and turbines .......... 1,782) 1,694 1,633) +5.2| -43| 1,666] 1,943] 1,629, 1,468] +13.5 599} 6,687
Farm and garden machinery . 2,025] 1,954] 1,845] +3.6] “21, 2,659} 2.674] 2,213] 2,276] +168) 9,245] 8,606
Construction, mining and
‘material handling equipment ....| 3,976] 3,858] 3,771] 43.1] +23) #2.6f 4,123] 4,275] 4,024) 3,625) +13.7] 15,731] 14,372
Metalworking machinery 3:431] 3,403 3,301] +0.8) +3.) +09) 3,253) 3,675] 3,233] 2,934) +109) 12,752) 11,721
Computer and office equipt 8,966] 9,177] 8,922] -23] +29) -12) 6,904} 12,089] 7,780] 6,536] +5.6) 33,594} 31,720
Electronic and other
electrical equipment ......... 28,481] 29,546] 28,594] 3.6] +3.3| 46.1] 26,684] 31,596) 27,550] 24,997] +6.7} 109,012] 101,179
Electrical transmission and
distribution equipment and
industrial apparatus . . 3,309] 3,147] 3,171] +5.1] 0.81 0.0} 3,290] 3,388] 3,236] 3,101] +6.1] 12,694] 12,095
Household appliances . . 2055] 2,098] 2,098] -2.0] 0.01 +3.9) 2,049] 2,318] 1,988] 2,029] +1.0] 8,016) 7,801
Electric lighting and
wiring equipment... 2... 2... 2,164} 2,078] 2,090] +4.1] -0.6 +09) 2,086] 2,231] 2,183) 1,902] +9.7| 8,348] 7,886
Household audio and
video equipment 1,328} 1,343] 1,336] 1.1] +05] +2.4) 1,070] 1,279} 1,213} 1,105] 3.2) 4,600) 4,268
Communications equipment 6.479] 6,666] 6,486] -2.8] +28] +10.7} 5,777] 7,416 5,857 5,108] +13.1] 23,488] 21,062
Electronic components. . 11,070] 12,223) 11,380) -9.4) +7.4] +921 10,483] 13,080] 11,067] 9,906] _+5.8] 44,199] 40,639
‘Transportation equipment . . 41241] 40,034] 39,894] +3.0] +04] 40.1) 43,109] 43,016] 42,808} 39,798] +8.3) 165,139] 150,031
Motor vehicles and parts . . 28,122] 27,206) 27,685] +34] -1.7]_ -1.9] 30,083] 28,950) 30,822] 29,095] +3.4) 116,924] 108,386
Aircraft, missiles,
space vehicles, and parts. 10,422] 10,069} 9,340} +3.5] +78] 42.1) 10,220] 11,067] 9,095} 7,713] +32.5) 37,429) 30,071
Shipbuilding and tanks . . 841| 802] 800] +49] +03) +8: 836, 827/831 846] 1.2] 3,048] 3,245
Instruments and related products ....| 13,297] 13,209] 13,235] +0.7| 0.2] +4.4) 12,717] 14,124] 13,092] 11,676] +8.9] 51,236] 47,940
Search and navigation equipment 2735] 2,650| 2,656] +3.2) -0.2| +3.2) 2,608] 2,857] 2,730] 2,340] +115] 10,446] 9,762
Measuring and controlling devices .] 3,980] 3,865] 4,017] +3.0| -3.8] +10.1] 3,821) 4,240] 3,986] 3,454) +10.6] 15,365] 14,716
Medical instruments and supplies] 4,120) 4217] 4,176] 23 +1.0] +1.8| 3,873) 4,543} 4,142) 3,692) +49) 16,250] 15,143
Photographic goods . .-| 2,013] 2,042} 1,944] -1.4] +5.0) +22} 1,951] 2,044) 1,817] 1,806] +8.0] 7,433) 6,934
All other durable goods . . . 19,018] 18,595] 18,479] +23] +0.6f +1.9] 18,802] 19,099] 17,899] 16,979} +10.7) 71,794] 64,493
Nondurable goods industries 148,176] 146,390] 147,678] +121 -0.9} 0.3) 147,287] 148,018] 144,820] 142,335] +3.5] 577,224] 550,282
With unfilled orders 36,247] 36,083) 36,396] +0.5| -0,9| +0.7| 35,506] 36,144] 35,784] 35,339] +0.5) 140,552] 139,168
Food and kindred Products « 39,831] 39,527] 39,242) +0.8] +0.7| -0.6 38,778] 39,780] 38,116] 37,328) +3.9] 153,097] 147,727
Meat products . . . 9,079] 9,191] 9,092] -1.2) +11] +17] 8,788] 9,124] 8,810) 8,585] +2.4| 34,986) 34,230
Dairy products . 4934] 4994) 4.884] 1.2) +23) -2.7] 4,796] 5,063} 4,728] 4,537] +5.7) 19,424] 18,361
Beverages 5,850] 5,804] 5,751] +08] +09) +0.9| 5,920] 5,757] 5,153] 5,685] +4.1! 21,590] 20,856
All other foo 17,804] 17,471] 17,440] +19] +0.2] -1.9) 17,110] 17,769] 17,350) 16,549] +34] 68,752] 66,586
Tobacco products... 2/939] 2,998] 2911] -2.0] +3.) 5.2) 2,810] 3,183) 2,761] 2,637] +6.6] 11,710) 10,546
Textile mill products 6.803] 6,748] 6,765] +0.8) -0.3]  +1.0} 6,509] 7,161] 6,609] 6,076) +7.1] 25,988] 24,306
Broadwoven fabrics and
other textiles 22.2.2... 4,112] 4,126] 4,090] -0.3] +0.9] +1.0] 3,980] 4,508] 4,050] 3,764) $5.7] 16,085} 15,194
Paper and allied products 13,419] 13,095} 13,287] +2.5| -1.4, -0.2| 13,156] 13,176] 13,347] 13,296] -1.1] 52,416} 54,114
Pulp, paper, and
paperboard mill products... ... 5,430] 5,350] 5,294] +15] 41.1) +13] 5,300] 5,362] 5,254) 5,345] -0.8] 20,887) 22,001
Paperboard containers and boxes ..] 3,338] 3,334] 3,401] +0.1| -2.0] -2.0] 3,368) 3,414) 3,433] 3,504) -3.9] 13,538) 14,181
Miscellaneous converted
paper products . 4651) 4,411] 4,592) +5.4] -0.5| 4,488] 4,400] 4,660] 4,447} +0.9] 17,991] 17,932
Chemicals and allied products | 33,018] 32,286 32,610] +2.3} +0.3| 34,327] 33,837] 32,299] 31,646] +8.5] 131,530] 121,203
Industrial chemicals : 16,336] 16,145] 16,291) +1.2 +2.6| 16,810] 16,731] 16,569] 15,590] +7.8] 65,234) 60,699
Drugs, soaps, and toiletries . . 12,144] 11,837] 12,043) +2.6 -3.1| 11,379] 12,194] 11,499} 10,721] +6.1] 47,290] 43,710
Petroleum and coal products . 15,194] 15,448] 16,071] -1.6 -3.0 15,254] 14,483] 15,087 15,837) -3.7| 60,087) 54,745,
Rubber and plastics products . . 12,439] 12,100} 12,147] +28 +0.4| 12,861] 12,576] 12,268] 12,246] +5.0] 48,948] 46,876
All other nondurable goods. 24,533) 24,188] 24,6451 +14 +0.8) 23,592] 23,822] 24,333] 23,269] +1.4) 93,448] 90,765

¥ Preliminary. 7 Revised,

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

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