Table 3. VALUE OF MANUFACTURERS’ UNFILLED ORDERS FOR INDUSTRY GROUPS
(Millions of Dollars)

‘Seasonally Adjusted Not Seasonally Adjusted
‘Monthly Percent Change ‘Monthly Percent
Industry Change
Dec Nov. Oct Nov.- | Oct. Sep. - Dec. Nov. Oct. Dec Dec
2001" 2001" 2001 Dec Nov. Oct. 2001° 2001' 2001 2000 01/00
All manufacturing industries. 545,584] 550,015} 556,502 0.8) “1.2 +0.7) 540,416} 540,125] 548,545] 592,014 8.7
Excluding transportation. 267,870] 268,139] 269,677 0.1 -0.6] -1.6] 263,603] 264,495] 267,182] 308,482
Excluding defense. 393,911] 397,245] 402,874] 0.8 “14 -2.2| 389,059] 392,094] 399/364] 451,420]
Durable goods industries. 545,584] 550,015] 556,502) -0.8 1.2) +0.7/ $40,416] 540,125] 548,545| 592,014
Primary metals, cece 17,239 17,343, 17,735 -0.6 2.2 3.7| 16,555 16,349 16,753] 18,954)
Iron and steel mills... . 8,341 8,306 8/520 +04 “2.5 4.6) 7,924 TIM 7,907 9/101
Aluminum and nonferrous metals. 4 6,654 6,799 6,933 “24 -1.9) 3.6) 6.412 6,482 6.633 7,619)
Ferrous metal foundries. — 2,284 2,238 2,282 +03 1.9) -0.7 2,219 2/156 2,213 2,234
Fabricated metal products. 39,536]  39,867/ 40,468 -0.8] 1.5] -1.4) 38,826] 39,075] 39,881 42,641
Machinery. . 58,296] 57.835 57,940 +08 -0.2| -2.3{ $7,222) 57,440] 57,524) 63,282
Construction machinery. 2,123 2,073 2,125 42.4 2.4 6.5] 2,133 1,964) 1,950] 2,596.
Mining, oil field, and
gas field machinery. - 1,655) 4,713) 1,735 “3.4 “1.3 -3.5] 1,586] 1,715) 1,738 1,367
Industrial machinery.........-. 9,687 9,824 9,784 1.4 +0.4 -0.6] 9,356 9,920) 9,769 12,801
Photographic equipment... 816 829 821 1.6) +10 0.4 776 839 825
Ventilation, heating, air-conditioning,
and refrigeration equipment. 4,333 4,489 4,573 3.5 18) 0.6) 4,135 4,311 4,367 4,623
Metalworking machinery. 4,070 4,165 4,289 23 2.9) 21 3,895 4,137 4,261 5,370)
Turbines, generators, and other
power transmission equipment. 20,765] 19,730 19,625) +5.2 +05 4.1 20,853) 19,849 19,821 19,615)
Material handling equipment. 5,918 5,992 5,988 1.2 +01 17) 5,787 5,762 5,798) 6.133
Computers and electronic products. 125,082] 125,783] 126,834] 0.6| -0.8} -1.0] 124,195] 124,486] 126,230] 151,082
Electronic computers... 9,531 9.649 9,504] 1.2] 415 43.2 9,407 10,015 9,490] 10,208
Nondetense communications
‘equipment. - . 37,864 38,562] 38,797 -1.8] -0.6| 14 37,982} 38,128] 38,304] 46,263)
Defense communications equipment 2,430 2,281 2,329) +65 24 -3.9] 2,454 2,285 2,339) 2/555)
Semiconductors. - 14,357 14,211 14,793 +1.0| 3.9 4.4] 13,906 14,343 15,753] 25,330
Electronic components... 15,546 15,577 15,795 -0.2 14 1.3 15,257 15,421 15,894] 20,044
Nondefense search and navigation
equipment... 4,146 4,247 4,340 2.4 a 2.3 4,089 4,158 4,261 5,094] -19.7
Defense search and navigation
equipment... secs 29,238] 29,382] 29,651 0.5 -0.9) 0.5] 29,226] 28,482 28,712] 30,004 “2.6
Electromedical, measuring,
and control instruments 11,970 11,874 11,625 +08 +24 +13 11,874 11,683 11,477 11,554 +28
Electrical equipment, appliances,

‘and components. 16,734 16,748 16,500) “0.1 415 “2.2 16,401 16,576 16,249) 19,379] 15.4
Electric lighting equipment 1,546 1.577 1,583 -2.0] 0.4 -1.4] 1,508] 1,495) 1,558] 1,557 31
Household appliances........... 1,293 1,232 1,145 +5.0 +7.6 ad 1,293] 1,225) 969 1,259 427
Electrical equipment 10,110 10,027 9.847 +08 +18 “1.4 9,963 10,083 9,826, 10,053} -0.9

Transportation equipment. 277,714) 281.876] 286,825 15 17 +3.0] 276,813] 275,630) 281,363] 283,532 “2.4
Motor vehicle bodies, parts,
and trailers - 11,902 11,979) 12,009 0.6) 0.2) “2.9 11,893) 11,543 11,470 13,394] “11.2
Nondefense aircraft and parts. - 134,058] 136,767) 140,778 2.0) 2.8 2.5] 133,972] 135,118] 139,761] 149,731 “10.5,
Detense aircraft and parts. sess 56,642 57,500] 57,721 1.5) -0.4] +286 55,653 55,465 56,065] 44,895 +24.0
Ships and boats. _ 21,755] 22,208) 22,4241 2.0) “1.0 a 21,828) 21,558] 21,766 19,556) 411.6
Furniture and related products. 6.372 6,324 6,250 +08 +12 -3.2| 6,140 6,466 6,435) 7,055, 13.0

° Preliminary * Revised

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


10

Total Manufacturing
Shipments and Three Month
Moving Average

Billions Of Dollars
0

Total Manufacturing
New Orders and Three Month
Moving Average

Billions Of Dollars

380

420

400

360 |

420

: 320
| 300 Fe -——__— - ———-4 300 | | 300 -
280 280 || 280
R882 88s se sss | 88888885555 58
¢4h 655 8 4 Fe SEG 62565 5 $B § ESE G
ée¢e¢5 26568 S23 2686 | S68 FFF2S5 SF F526 8
— — Shipments Average i — — New orders Average
a
Total Manufacturing I! Total Manufacturing
Total Inventories and Three Month : Ratios of Unfilled Orders and Total
Moving Average Inventories to Shipments
Billions Of Dollars US Ratios UIS Ratios

2-eese898 ee ee eg 2ecee8ee88 8 se se oc eg gs
$838: 838 8656555565 $88 888855558 &
ye ee Eo Eee EERE |G Ye bE sR Egg EE aE g
g 5 Be ee 5 FS Fe 2 3 8 S 2 3 8 5 FF 8
6&4 32090986 € ce FZ 06 6 &¢ 32206 €& « 5 265 6
f
inventories Average —s Ss vo/s

Note: All charts based on seasonally adjusted current dollars.

380
360 |
340

320 |



Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS, NEW ORDERS, UNFILLED

ORDERS, AND TOTAL INVENTORIES FOR TOPICAL SERIES
(Millions of Dollars)

Seasonally Adjusted Not Seasonally Adjusted”
‘Monthly Percent Change Monthly Percent] Year to date
Industry Change
Dec Nov. Oct. | Nov. -| Oct.-|Sept.-| Dec. | Nov. | Oct. | Dec. | Dec.
2001° | 2001" | 2001 | Dec. | Nov. | Oct. | 2001" | 2001" | 2001 | 2000 }o1/00] 2001" | 2000
SHIPMENTS
All manutacturing industries 326,662) 324,866] 328,851} +0.6) -1.2) + 2.3] 321,466] 322,099] 337,351] 351,571] —-8.6|4,030,288/4,280,872
Construction materials and supplies..... | 32,400] 32,424} 32,787] -0.1] 1.1] +1.4] 28,828] 31,311] 34,728] 29,906] -3.6} 398,257] 419,032
Information technology... 28,599] 27,526| 27,685] +3.9] -0.6} +0.7] 35,064] 26,704] 26.514] 44,706] -21.6| 363,963] 427.631
Capital goods. . | 67,069} 65,498) 66,393] +2.4) 1.3) +1.4) 76,388) 63,330] 63,813] 87,846] -13.0] 835,515] 914,117
Nondefense capital goods’.......... 59,685] 59,144) 59,956] +0.9) -1.4] +1.7! 67.948] 56,742] 57.492] 80.855] -16.0] 759.337| 844/037
Excluding aircraft 54,787| 54,381] 55,665] +0.7| -2.3] +2.1] 61.395] 51,803] 54,008] 75,224] -18.4| 705.064] 789.478
Defense capital goods*.... vu] 7,384) 6,354] 6,437] +16.2] -1.3] -0.9] 8.440] 6588} 6,321] 6,990| +20.7| 76.178] 70.080
Consumer goods. . 125,551] 124,081] 125,951] +1.2) -1.5) +2.6] 120,340] 125,472] 132,277| 124,427| -3.3|1,523,022]1,558,775
Consumer durable goods...... 34,687} 34,432] 34,095] +0.7) +1.0] +9.9] 31.661] 34.828| 36.919] 31.022] +2.1] ‘408,484| ‘440,113
Consumer nondurable goods. 90,864] 89,649] 91,866] +1.4/ -2.4] +0.2) 88.679] 90,644] 95,358] 93,405] -5.1]1,174/538]1,118,662
NEW ORDERS
All manufacturing industries. 322,231) 318,379] 332,772] +1.2) -4.3] +7.0]321,757] 313,679] 339,356| 358,862] -10.3]3.978,690|4,349,672
Construction materials and supplies 32,000] 32,042] 32,102] -0.1} -0.2) +1.3] 28,478] 30,610] 33,638] 29,942] 4.9] 391,179} 420,242
Information technology... s | 27,643) 27,270] 27,174) +1.4] +0.4] +16.3] 35,175] 26,734] 25,938] 43,964] -20.0] 350,287] 438,339
Capital goods............ . 63,320] 62,166] 73,402] +1.9] -15.3] +28.1] 77.433] 59,566] 69,390] 95,797] -19.2! 808,715] 972,288
Nondefense capital goods’......... 86,944] 56,437] 54,251! +0.9] +4.0} +5.8) 65,868] 53,691] 50,949) 87/593] -24.8] 723,117| 881.415
Excluding aircraft... ve | 54,342) $4,413] 53,120) 0.1] +2.4) +5.9] 60,048} $2,123] 51,730] 72.413] -17.1| 684.948] 806.465
Detense capital goods’ 6,376] 5,723] 19,151] +11.3] -70.1] 218.4] 11.565] 5.875] 18,441] 8,204] +41.0] 85,598] 90.873
Consumer goods, . 126,076] 124,539] 126,025] +1.2]  -1.2) +2.6] 120,444] 125,840] 132,504] 124,013] -2.9|1,521,287]1,559,976
Consumer durable goods........ 35,212] 34,890] 34,169} +0.9] +21] +9.8] 31.765] 35,196] 37.146] 30,608] +3.8] 406,749] ‘441/314
UNFILLED ORDERS
All manufacturing industries, .» [545,584] 550,015] 556,502) 0.8 540,416] 540,125] 548,545] 592,014 x) a)
Construction materials and supplies 32,638] 33,038] 33,420] 1.2 31,990} 32,337] 33,038) 36,068 ra) a
Information technology 99,780] 100,736] 100.992] 0.9 99,445] 99,334] 99,304] 113,121 (x) ey
Capital goods. 380,151] 383,900] 387,232] -1.0 378,344] 377,299] 381,063 405,144 (0 x
Nondefense capital goods? 246,613] 249,354] 252,061] 1.1 244,424] 246,504] 249/555| 280,644 (0) i
Excluding aircraft 144,700] 145,145] 145.113] -0.3 142,597] 143,944] 143,624] 162,713 00) x)
Defense capital goods* 133,538] 134/546] 135.171] 0.7 133,920] 130,795] 131,508] 124,500 (x) x)
Consumer goods... 9,693] 9,168] 8,710] +5.7 9.145] 9,041] 8,673] 10,880} (x) (x)
Consumer durable goods... ..00 9,693] 9,168] 8,710] +5.7 91145] 9,041] 8.673] 10,880] (x) x)
TOTAL INVENTORIES
All manufacturing industries. oe 448,809] 451,365] 457,341] 0.6 437,615| 453,358] 459,496] 472,455; a) a)
Construction materials and supplies. 45,521] 46,082] 46,873] -1.2 44,699] 45,675] 46,416] 48,708) 00) ~
Information technology... . | 41,151] 42'807] 43,693] -3.9 39,223] 43,540] 43,566] 47,636 x) (x)
Capital goods......... . vo | 139,342] 140,658] 142,169] 0.9 134,022] 142,736] 143,289] 145,308 re) (x)
Nondefense capital goods®...... 120,534] 122,078] 123,897] 1.3 115,763] 124,160] 124,875] 127,006 Xi) x)
Excluding aircraft... 97,042] 98,340] 99.521] 1.3. 93,420] 99,402] 99,518] 103,730] (x) x
Defense capital goods" 18,808] 18,580] 18272] +1.2 18,253] 18,576] 18,414] 18,302 0) 0
Consumer goods. 125,346] 125,378] 126,548] 0.0 122,891} 126,367] 128,922| 128,839 ra) ra)
Consumer durable goods. 26,449) 26,810] 27.267] 1.3. 25,324] 26,764] 27,296] 28,082 x a)
Consumer nondurable goods. . 98,897] 98,568] 99,281] +03 97,567] 99,603] 101,626] 100,757 (xy 0
° Preliminary Revised (X) Not Applicable

* Topical series are regroupings of the separate industry categories.

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

* Nondefense capital goods industries include: small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery;
industeial machinery; vending, laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators, other power transmission
‘equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral
equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical
equipment, appliances, and components; heavy duty tucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment
and supplies.

* Defense capital goods industries include: small arms and ordnance; communications equipment; aircraft; missiles, space vehicles, and parts; ships and boats;
and search and navigation equipment.

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


Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of Dollars)

Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly Percent
Industry Change
Dec. Nov. Oct. Nov.- | Oct Sep. - Dec. Nov. Oct. Dec. Dec
2001° 2001' 2001 Dec Nov. Oct. 2001” 2001' 2001 2000 01/00
All manufacturing industries. . 448,809] 451,365] 457,341 -0.6) 1.3) 0.7] 437,615] 453,358] 459,496] 472,455) 74
Excluding transportation. 374,516] 378,148] 382,921 1.0 1.2 0.9| 366,031] 378,882) 383,775] 398,046) 8.0
Excluding defense. 425,748] 429,600] 435,774 0.9) 14 0.8] 415,437 431,454) 437,698] 450,282) 7.7
Durable goods industries... 283,826] 285,663] 289,872 0.6) 15 0.7] 275,288] 287,283} 290,582) 301,247) 8.6
Wood products. . 9,020 9,277 9,512 2.8) 2.5 1.8] 9,074 9,497 9,654) 10,158 10.7
Nonmetallic mineral products... . 9,455) 9,550 91677 1.0 1.3 1.2 9,298 9,286 9,336 10,007 TA
Primary metals. 19,838] 20,028} 20,241 -0.9 wa 8 19,928] 20,006} 20,183] 22,795, -12.6
leon and steet mills... 10,630 10,792 10,991 15 1.8] 4) 10,791 10,868 11,069 12,666 14.8
Aluminum and nonferrous metals. 7,428 7.397 7,392 40.4 +01 4 7,395 7,335 7311 8,356 “11.5
Ferrous metal foundries... ceed 1,780) 1,839] 1,858] “3.2 -1.0] 413 1,742 1,803 1,813 1,773) 17
Fabricated metal products... 32,735] 33,080) 33,579 11 -1.5| 0.8} 31,951 32,710] 33,270) 34,743) 8.0
Machinery... 48,984] 49,058| 49,586| -0.4] a 1.0] 47,296} 49,393] 49,682) 49,931 5.3
Farm machinery... ee 2,051 2,047 2,066) 40.2 0.9 1.9 2,097 2,009 1,937 2,252 6.8
Construction machinery. Soc 3,872 3,934 3,887 -1.6) +12 +0.2 3.873) 3,952 3,867 31854) +05
Mining, oil field,
and gas field machinery. . 2,713 2,772 2,816 241 1.6) -0.4] 2,567 2,790 2,838 2,480) 43.5
industrial machinery..... 8,369 8.471 81540 1.2 0.8 13 a4 8578 8,487 8,105 10.9
Photographic equipment. - 2,240 2.325 2.412 37 3.6 +02 2,142 2,380 2,470 2,386 10.2
Ventilation, heating, air-conditioning,
eration equipment, - 4,351 4,476 4,595 2.8 2.6| +01 4,073 4,446 4,552 4,391 74
Metalworking machinery... - 5,689) 5.652 5.774) +07 24 2.6] 5,306 5,599 5,854 5,379) 1d
Turbines, generators, and other
power transmission equipment..... 5,980) 5,701 5,650] +4.9 +0.9 1.8] 5,703 5,875 5,815) 5,539) +3.0
Material handiing equipment... 2,428 2,467 2/542 1.6 -3.0| 1.5] 2/393 2.431 2,496 2,561 6.6
Computers and electronic products... 49,306{ 50,934] 51,955 3.2 -2.0] V7) 47,134 51,545] 51,788] 57,265) 17.7
Electronic computers. nen 2,939 3,017 3,139 -2.6| -3.9] -0.9] 2,795 3,16: 3/101 31575) 21.8
Computer storage devices... 1,486) 1,607 1,593 7.5] +0.9 1.8] 1,326] 1,678 1,534) 1,690] “21.5
Nondefense communications
equipment... = . 7,973 8,701 8,820) -8.3] 1.3] “3.7 7,666) 9,133 8,810 11,938 35.8
Defense communications equipment...... 533 574 526 7A 491 13.8] 511 575 528 5: 3.8
Audio and video equipment see 915 1,017) 1,084] 10.0) 6.2 +07 871 1,075) 4,171 1,067 18.4
‘Semiconductors........ - 7,428 7,423 7,540) 0.0) 15) -3.0) 7,182| 7323 7418 7,807) 8.0
Electronic components... = 7.784) 7,979 8,281 24 3.6 3.7 7,612 7,830 8,336 9,929 -23.3
Nondefense search and navigation
‘equipment. - 2,787 2,780 2,761 0.8 +07 418 2,674 2,797 2,764 2,608 42.5
Defense search and navigation
‘equipment. - 3,190) 3,233 3,242) 1.3) 0.3) +08 3,039 3,242 3,251 2,982) 41.9
Electromedical, measuring
and control instruments. 10,639 10,786) 10,886 1.4 0.9 0.2) 10,229 10,704 10,778 11,214] 8.8
Electrical equipment, appliances,
and components. . 14,686 14,826) 15,003 0.9 “1.2 0.1 14,183 14,749 14,937 15,491 8.4
Electric lighting equipment... 1,687) 1,691 1,692 40.4 0.1 0.6 1,602 1,698) 1,704 1,790] 10.5
Household appliances. ......e.-0--0 2441 2,531 2,494 -3.6| +15 +15 2,242 2,463 2,434] 2411 “7.0
Electrical equipment. - 4,984 4.862 4,871 42.5 -0.2 +19 4.911 4.941 4,927 4791 42.5
Batteries. oe 747 786 799 5.0} -1.6] +1.0 687 773 810 778 17
Transportation equipment... 74,293 73,217 74,420 +15 -1.6] +04) 71,584 74,476] 75,721 74,409 38
‘Automobiles...... 1,869 1,830] 1,823] 4201 +04 -8.6| 1,719) 1,808] 1,810) 2,015 14.7
Light trucks and utlity vehicles... 11483 1,586 1,746) 65 -9.2| +04 1,342) 1,645) 1,767 1,653] 18.8
Heavy duty trucks 857 872 884 17) 14 “2.4 809 877 888 975 17.0
Motor vehicle bodies, parts,
and trailers... 15,916 15,840 16,368 0.2) 2.6) -0.5) 15,851 16,018 16,467 17,496 9.4
Nondefense aircraft and parts. 30,948] 31,154 31,876 0.7) 23 +05 29,569] 32,153] 32,828] 30,202 24
Defense aircraft and parts..... co 10,895 9,829 gigi] +10.8 40.2 +27 10,325 9.926 9,931 10,653 31
Ships and boats ees 2,362 2,286) 2,281 +33 40.2 15 2,268 2,292 2,253 2,157) 450
Furniture and related products... 7.673) 7,889) 8,011 27 15) 2.0] 7,476 7.342 7,980) 8,775 14.8
Miscellaneous durable goods. 17.936 17,794 17/888 +08 0.5 0.4 17,364 17.778 18,021 17,673 17
Nondurable goods industries, 164,983] 165,702 167,469] -0.4 aa 0.7] 162,327] 166,075] 168,914] 171,208) 5.2
Food products. 29,584] 29,586 29,513 0.0) +02 0.2 29,605) 30,750] 31,241 29,527 +03
Grain and oilseed milling. 3.294 3,257 31167 410 42.8 “24 3,429 3.413: 3,386) 3,562 37
Dairy products. 3,120 3,076 3,121 +14 “1.4 1.0) 2,857 2,946) 3,150) 2.727 +48
Meat, poultry, and seafood products, 6,078 6.043 6,027 +06 +03 +23 5.857 6,093 6,187 5,392 +86
Beverage and tobacco products. 13/904 13,806 13,815 +07 “0.1 1.0 14,174 14/134 14,274 14,024 +14
Beverages. 8,386 8,318 8,350 +08 0.4) 0.4) 8,332 8,418 8.611 8,073 +31
Tobacco. 5.518 5,488 5,465 +05 +04 2.0] 5,842 5.716) 5,663 5,945) 1.7
Textile mills, — 6,104 6,170 6,270 14 1.6 1.9 5.864] 6,046 6,138 6.615 114
Textile products. 4,431 4,443 4,484 0.3) 09 0.4 4,238 4,335 41431 4,697 3.8
Apparel 8,989) 9,184 9/405 24 2.3 2.2 8,688 8,724 91153 10,117 14.1
Leather and allied products. 141g) 1,452 1,477 -2.3 17 15 1,347 1,440] 1,485 1,505 10.5
Paper products. 15,692 15,679) 15,594 +01 +05 +01 15,527 15,552 15,446] 16,063 3.3
Pulp, paper, and paperboard mills. 6,977 6.975 6914 0.0) 40.9 +01 6,952 6.888 6.799) 7.175) 31
Paperboard containers. 4,273 4,315) 4,354 1.0 0.9) “0.1 4,235 4,297 4,363 4,608) 81
Printing 5,930 5,995) 6,154 11 -2.6| 0.2 5,489 5,971 6,323) 6,247 120
Petroleum and Goal products. 19736 11,718 12,035) +0.2 “3.4 5.0) 10,916 11,662 12,330 12,606 13.4
Petroleum refineries. 31910 9939 10,278) 0.3 3.3) 6.0) 91271 91939 10,528 10,957 19.4
Basic chemicals. 50,057 50,315 51,084 0.5) 15 0.0] 49,523 50,358 50.916] 51,449) 3.7
Pesticides, fertilizers, and other
agricultural chemicals 2,659 2,706) 2,731 Az 0.9) 2.5 2,742 2,675 2,543 2,988 8.2
Pharmaceuticals and medicines. 18,239) 17.845 18,100 +22 1.41 0.0) 18,023 18,068 18,429 17,594 42.4
Paints, coatings, and adhesives. 3141 3,210) 3262 24 1.6 +0.2 3,044 3,092 3,193 3,151 3.4
Plastics and rubber products 17,137 17,354 17/578 1.3 13 0.4] 16,956 17,103 7.177 18,358 7.6
® Preliminary " Revised

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


Table 7. 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 Dec | Nov | Oct | Sep | Dec | Nov | oct Sep
2001" | 2001 | 2001 | 2001 | 2001° | 2001' | 2001 | 2001

All manufacturing industries 1.37) 1.39} 1.39] 1.43] ~ (x) (x) (x)
Durable goods industries. 1.57} 1.59] 1.61) 1.67] 4.25] 4.30] 431] 4.37
Wood products... 1.30] 1.33) 1.36] 1.35) (X) x) a) xX)
Nonmetallic mineral products... 1.23] 1.30) 1.30] 1.38) X) (Xx) (x) (x)
Primary metals. 1.82) 1.79] 1.78) 1.80) 1.58] 1.95) 1.54] 1.63
Fabricated metal products. 1.63) 1.65) 1.65] 1.70] 2.07] 2.09} 210) 2:17
Machinery.. 2.19} 2 2.11) 2.22) 2.88] 280} 269] 2.90
Computers and electronic products 1.46] 7 1.97] 1.61{ 4.31] 440) 4.41] 4.47

16|
53

Electrical equipment, appliances,
and components. . 1 1.53)
Transportation equipment... 1.38] 1.38
Furniture and related products 1 1.39]
1 1.89)

Miscellaneous products 1 88 90] oo) (x) (x) x)

Nondurable goods industries. 1.13) 1.34) 1.13) 1.15 (x) (x) (x) ~
Food products. . 0.77] 0.77) 0.77) 0.77 ital (x) (x) (x)
Beverage and tobacco products. 4.39] 1.47] 1.38] 1.46 (x) (x) (x) (x)
Textiles 1.73) 1.75) 1.66) 1.71 (x) (x) (x) ha
Textile products....... : 1.55] 1.56} 1.58] 1.60 (x) (x) 0) (x)
Apparel 1.71) 1.83} 1.86] 1.93 (x) (x) (x) %)
Leather and allied products 2.07} 2.08| 208] 213 (x) (X) x) x)
Paper products : 1.27] 1.25] 1.20] 1.23 x) (x) x) (x)
Printing 0.741 0.761 0.75] 0.78 x) (x) (x) (x)
Petroleum and coal products 0.72) 0.75] 0.73) 0.71 (x) © %) )
Basic chemicals............ 1.47) 1.45] 1.47] 1/50 ) (x) (x) ea
Plastics and rubber products 1.16) 119} 1.19] 1.21 (x) oo (x) (xX)

° Preliminary " Revised

(x) Not Applicable

"Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products;
medical equipment and supplies; office supplies; other miscellaneous manufacturing; cutlery and handtools;

farm and garden machinery; computer storage and peripheral devices; audio and video equipment; manufacturing
and reproducing magnetic and optical media; batteries; automobiles; light trucks and utility vehicles; heavy duty
trucks; and miscellaneous furniture.

Table 8. REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANGES
(Based on Seasonally Adjusted data)

Shipments New Orders Unfilled Orders Inventories
Dec Dec Dec Dec
Industry Dec? | 2000- Dec? } 2000- Dec? | 2000- Dec? | 2000-
Dec' | 1996-| Nov | Dec’ | 1996-] Nov | pec’ | 1996-]| Nov | Dec’ | 1996- | Nov
2001 } 2000 | 2001 | 2001 | 2000 | 2001 | 2001 | 2000 | 2001 | 2001 | 2000 | 2001
All manufacturing industries... OO] (NAY (NA), Oa) (NANT (NA) QO? NA} INA) OO) (NA)] INA)
Durable goods industries. ce 0.0] INA} (NA) 0.3) (NA)} (NAD}—-0.1] (NANT (NA)]—-0.2] (NAD (NAD
Wood products......... a xi} (NA)] (NA) (XO) (NAN (NA), OO} (NA) (NA) (Xi} (NA) (NA)
Nonmetallic mineral products...... (| (NA}} (NA) (XO) (NA) (NA) OO) (NA) (NA) (X)]  (NA)} (NA)
Primary metals......... . 0.2] (NA)} (NAP 0.1} (NA)] (NA) 0.0] INA) (NA}} —-0.21 (NAT (NA)
Fabricated metal products. 0.3) (NA)} (NA) -0.1] (NAIT (NAD 0.1] (NA)} (NA) 0.3) (NA)} (NA)
Machinery. 0.1) (NAT (NA)}  -O.9] (NA}] (NAD O.1f (NA)! (NA) 0.0} (NA}} (NA)
Computers and electronic products... 0.3] (NA)] (NA) 0.4] (NA)} (NA) 0.3) (NA)} (NA)} 0.7] (NAM (NA)
Electrical equipment, appliances,
and components. 0.1 (NA}] (NAD 0.2] (NAT NAM] -0.1f (NAD (NAD 0.0] (NA)} (INA)
Transportation equipment O.1f  (NA)} (NAD 0.1] (NA) (NA) 0.0) «(NA)} (NA) 0.0] (NAN) (NA)
Furniture and related products... OP (NAN (NAD OOP (NA)] (INA) OQ) (NAM (NA) (XO) (NA)} (NA)
Miscellaneous products. OOP (NAN (NA) OOP INA] (NA) OG} (NAM (NA) OQ) (NA)P (NA)
Nondurable goods industries oa} (NAY (NA bo] (NA) (NA) OO] (NA)} (NA) (iP (NAY (NA)
Food products. QO] (NA) (NA) OO] (NA) (NA) OO} WAI] (NA) QO] (NA)] (NA)
Beverage and tobacco products. OX] (NAN (NA) OOP INA] (NAD, (XP (NA) (NA) OO} (NA)] (NA)
Textiles - OO} (NA) (NAD OO) (NA)] (NA) OQ) (NA) (NA) OOF (NA)] (NA)
Textile products... cesses . OO} (NAN (NAD, ba} INA] (NA) OG) (NAM (NAD QO) (NAN (NA)
Apparel... . - OO) (NAY (NA) Od} (NA)} (NA) Qo] (NA)] (NAP (X)} {NA} (NA)
Leather and allied products. - OOP (NA)] (INA) (iP INA] (NA) OO] (NA)] (NA) (x) (NA)P (NA)
Paper products - OG} (NA)} (NA) OO} (NA) (NA) OO} (NA}} (NA) (XP (NA}) (NA)
Printing...... ce (] (NA) (NA) OO] (NA) (NA) OO} NAN] (NA) Oa} (NAH (NA)
Petroleum and coal products. (Xd) (NA) (NA) OOP (Nay] (NA), OOP (NA), (NAD OO} (NA), (NA)
Basic chemicals. (OP (NAN (NA) Od) (NA)] (NA) OP (NA)] (NA) OO} «NA)] INA)
Plastics and rubber products OO) NAY] (NA) Oa} way} (NA) Oxi} (vAy] (NA) OP (NA)] (NA)
(X} Not Applicable (NA} Not Available

NOTE: The tive year and the twelve month revisions are the differences between the month-to-month percent changes of the preliminary and
final estimates. The monthly averages are the simpie averages of the absolute values of the differences for the months specified. The
advance to final percent 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 revisions of the current month for the past tive years
See note at end of Table 2 relating to survey error and revision. In Table 8, the second column for each item represents the average revisions
of the current month for the past five years.


Manufacturers’ Shipments, | December
Inventories, and Orders | 2001.
|

M3~-1(01)-12

For Wire Transmission 10:00 a.m. E.S.T., February §, 2002

All figures in the text are In seasonally adjusted current dollars

Total Manufacturing Total Manufacturing
Shipments and Three Month New Orders and Three Month
Moving Average Moving Average
120 Billions Of Dollars a0 420 Billions Of Dollars ao
400 400 400 400
380 380 340 A 380

L
340 SS 340 340 wv =A 340
220 320 320 320

300 3 3 tee ie Teee ees "s ae
5
PESSPLPPTTEa PEGSPSPhiihhl
— = = shipments Average — = - Newonten avenge
Total Manufacturing Total Manufacturing
‘Total Inventories and Three Month Ratios of Unfilled Orders and Total
Moving Average Inventories to Shipments
Billions Of Dollars ; VS Ratios UIS Ratios
500 300 1s
44

400 a0 1s “3
SS 2

ea 3

440 440 res 38

37

36
420 a0 ir 3s

EESERDLOEEED PEGGPLPPhi dd

— — = bventores

Averge —-—- us —— wos

For data, call 301-457-4673. For inquiries, contact Lee Wentela or Derrick Roy, Manufacturers’ Shipments, Inventories and Orders Branch,
Manufacturing and Construction Divison (MCD), Washington, DC 20233-6900 or call 301-457-4804 or 301-457-4814. k
‘The advance report on durable good for January Is scheduled for February 27, 2002 at 8:30 a.m. and the full report on March 6, 2002 at 10:00 a.m. For

sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.

Our Internet address Is : http://www.census.gov/indicator/www/m3

Economics and Statistics Administration
. «ei U.S. CENSUS BUREAU
Helping You Make Informed Decisions |

U S Cc E N S U S B U R E A U U.S. Department of Commerce | wa



1

| Nondefense Capital Goods
| Shipments and Three Month
Moving Average

Billions Of Dollars

Nondefense Capital Goods
New Orders and Three Month
Moving Average

Billions Of Dols
76 76) 84 a4
\
a fn
” A =e
i - \
| f= —_® 64
\
(0 a Tae be
56 56 48 48
(88 sess 8 sss ess 2888888555555
46 oe $$ 2 beau $45 5g 8 es ben gg
5 g 6 & 3 &
sf zs z 568 F232 25 62232686 & F526 8
| — — Shipments Average — = = New Orders Average
}\
| Nondefense Capital Goods Nondefense Capital Goods
: Total Inventories and Three Month Ratios of Unfilled Orders and Total
| Moving Average Inventories to Shipments
| Billions Of Dollars WS Ratios ‘UIS Ratios
| 140 140 || 6.00 6.00
$.25 P—.——. —______..___ 5.25
(Bs - 135
| 4.50 }— — —_ 4.50
130 ‘ 4 130 |) 3.75 b— — - 375
| 3.00 F— - 3.00
125 125,
| \ aas f- = 22s
| 120 120 |) 1.50 150
{ e eesegeeg 8S Bere exe ese es ek ogo ees es 8S 8S 89 fF = ee Be
ae a a $99 eS FF 55555 5S
¢ 25 § SS yeh Eo gg $256 2 & $e bE Sa Sg
62232365686 & 232 6 8 6223258 & 252 5 B
— — inventories Average | —-— 1s vo/s

Note: All charts based on seasonally adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATION,

BY INDUSTRY GROUP
(Millions of Dollars)

‘Seasonally Adjusted

Not Seasonally Adjusted

Monthly Percent Change Monthly Porcent
Industry Change
Dec Nov. Oct Nov.- | Oct.- | Sep. Dec. Nov. Oct Dec. Dec.
2001° 2001' 2001 Dec Nov. | Oct. 2001° 2001° 2001 2000 01/00
MATERIALS AND SUPPLIES
‘All manufacturing industries 147,117] 148,989] 150,489) 13 1.0 146,470] 149,493] 150,676] 162,401
Durable goods industries... 89,919] 90,760] 91,782 09 4.1 99,464] 91,527 92,010] 100,979)
Wood products... 3,589 3,647 3,658 1.6 0.3 3.888) 4,048 31966) 4214
Nonmetallic mineral products. 3.285) 3,330 31346 “14 0.5 3,304) 3,359 3,364) 3.407
Primary metals. 6.584) 8,703 6741 1.8 0.8 6.834 6.847, 6.874 7.879
Fabricated metal products. 10,051] 10,195} 10,349 La 15) 10,106] 10,104] 10,269) 11,348]
Machinery. 17.731| 17,766| 17,708 0.2) +03] 17.273] 17,734) 17,707) 17.729]
Computers and electronic products. 171180] 17,574] 18,073 24 28 16.750] 17,593] 17,703] 21,546)
Electrical equipment, aplances,
‘and components. . 5,479 5,533) 5,715) 1.0 “3.2 4 5,442 5,592 5,743] 6,300
Transportation equipment. 16,600] 16,508] 16,653] +06 -0.9 of 16,500} 16,737] 16.867] 18,532
Furniture and related products. 3.085! 3,198 3.224) “3.5 08 1 3,081 3,210 3.199] 3,630]
Miscellaneous products. 6,365) 6,306 6315] +09 01 5| 6,280 6,303) 6,319 6,393
Nondurable goods industries. 57,198] 58,229] 88,707 138 0.8 -0.4] $7,006) 57,966] 58,666] 61,422
Food products... 10,206] 10,317) 10,337 a4 0.2 -2.0| 10,205] 10,440] 10,520] 10,743
Beverage and tobacco products. 5,802 5,829 5,809) 05] +03) 01 6,009 5,672 5,720 6,012
Textiles. 1,538| 1,609 1.661 “4.4 31 24 1,531 1,581 1,631 1,902
Textile products 1,514 1,524) 1,575 07 3.2) +02 1,461 1,479] 1,550 1.716
Apparel 1,880 1,980 2,058 5.5 3.3 3.4 1,900] 1.949 2,042 2,518]
Leather and all 327 353 368 74) 44 -8.0) 318 341 365 416
Paper products. 7,399 7,425] 7,392 o4l 40.4) 0.5 7,402 7,399 7,377) 7,656
Printing ... 21529) 2,631 2.687 3.9 21) +3.7 2,436 2.638) 2,758 2,964]
Petroleum and coal products. 3,590 3,616) 3.777 0.7 4.3 08 3.385] 3/546 31855 3,781
Basic chemicals 15.456] 15,853) 15,830 25| +01] +0.6[ 15,402] 15.858) 15,772) 16,329
Plastics and rubber products 6,957 7.082| 7,213 18 18 0.0 6.957 7,083] 7.076| 7,385
WORK IN PROCESS
All manufacturing industries. 131,961] 132,681] 135,190) 0.5 1.9 -0.9| 127,108] 134,637] 137,021] 137,386 75
Durable goods industries. 104,476] 105,221] 107,235 0.7 1.9 0.4] 100,262] 106,551] 108,188] 108,003 “7.2
‘Wood products. 1,844 1,860) 1919 0.9 31] +0.4] 1,798 1,860] 1,934] 2,004 10.3
Nonmetallic mineral products... 1,364 van 1,448] 3.3 26 0.8 1,287 1,322 1,362 1,488 12.8
Primary metals...... 6,657 6.798) 6,898 2a 14) 1 6.588) 6.761 6.847 7,756 15.1
Fabricated metal products. 41.249) 11,332] 11,368 07 “0.3 -o8} = 10,844) 11281] 11,387 11,055 “1.9
Machinery. 14:139| 14,408} 14,693 19 13 0.9} 13.435] 14,710] 14,951] 14,836] 94
Computers and electronic products. 17,322, 17/814) 18,174 28 -2.0} 0.9} 16,201) 17,899] 17,895] 17,733 8.6
Electrical equipment, appliances,
and components. 3,357 3,455 3,551 2.8 27 1.3 3,191 3,431 3,548) 3,821 16.5
Transportation equipment... 43.944| 43,528| 44,551) +1.0 23) +04) 42,502] 44,665] 45,583] 44,627 4.8
Furniture and related products. 1,501 11542 1.545 27 0.2 17 4,491 1,522) 1,546| 1,800 172
Miscellaneous products 3,099) 3,073 3,088] +08 05 0.3 2:915 3,100} 3,136 2,883 +14
Nondurable goods industries. 27,485] 27,460| 27,955] +01 1.8 2.8] 26,846] 28,086} 28,832] 29,383] 8.6
Food. products... 2,440 2484) 2,493 18 o4l +05 2.579 2,843 2,937 2,763] 6.7
Beverage and tobacco, 2 products 3,226 3,286 3,303} 18 05 14 3,412 31536] 3.871 3,574 “4.5
Textiles. 7,508) 1.525 4,545) a4 1.3 25 1.458 1,504) 1,528 1.759 A741
Textile products. 875 877 871 0.2| +07 05) 828 880 872 397 77
Apparel. 1,634) 1,669 1,694 24 15 13 1,522 1,643 1,636 2,023) 24.8
Leather and allied products... 159) 163) cal 25) “4.7 4.5 153) 160] 168) 232 34.1
Paper products. : 1,412 1,419 1,432 05 09] +0.2 1,432 1,385 1,392 1,497 4.3
Printing 1.708 1,664) 1758, 42.6 53) 5.8 1,413) 1.677 1.874 1,621 12:8
Petroleum and coal products 2,605 2,526 2634] 43.1 at 84 21398 2,561 2.712 2.754 12:9
Basic chemicals. 9,533 9,424 giz] +1.2 2.0) 3.5 9,348 9,528 9,754 91932] 59
Plastics and rubber products. 2,385 2,423 2,442| 1.6 os] +01 2,303 2,369 2,388| 2,331 12
FINISHED GOODS
All manufacturing industries. 169,731] 169,695] 171,662 0.0 aa 0.7} 164,037] 169,228| 171,799] 172,668 5.0
Durable goods industries. 89,431] 89,682) 90,858) 0.3 13 1.2] 85,562] 89,205] 90,383] 92,268] 7.3
Wood products...» 3,587 3,770 3,935) 4.9) 4.2 3.0) 3.388 3,589 3,755 3,940} 14.0
Nonmetallic mineral products... 4,806 4,809 41883 o1 1.5 2.3 4,697 4.605) 4,610 5,112 81
Primary metals. 6.597 6.527 6.602) +11 Mi 06 6.506 6,398 6,472 7.160] “9.4
Fabricated metal products. 11,435] 11,563) 11,862 a4 25 <3] 11,001] 11,325] 11614} 12,338) 10.8
Machinery i7oia] 16,884] 17,185] +08] 18 “1.8] 16.582) 16,949) 17,024) 17,366; 4.5
Computers and electronic products... 14/834] 15,546] 15,708 “4.6 1.0 “2.2| 14:183| 16.053] 16,190] 17,986) 24
Electrical equipment, appliances,
and components 5,850| 5,898 5,737, +0.2[ +18) +1.0 5,550 5,726] 5,646 5,370] +34
Transportation equipment. 13,749] 13,181] 13,216] +43) o3} +07) 12,582) 13,074) 13,271] 11,250] + 11.8
Furniture and related products. 3,087 3,149 3,242 2.0 2.9) 2.0 2/904 3,110 31235] 3/345] 13.2
Miscellaneous products 8,472 a.415| 8.485] +07 0.8 1 8.169 8,376 8,566 8,397 “27
Nondurable goods industeies. 80,300] 80,013] 80,807} +0.4 1.0 -0.3| 78,475] 80,023] 81,416] 80,403 “24
Food products. 16.938] 16,785] 16,683) +08) +06{ +03) 16,821] 17,467) 117,784) 16,021 +5.0
Beverage and tobacco products. 4/876 4.691 4.703] +3.9) 0.3) 1.8 4.753 4,926 4,983 4.438 +71
Textiles... 3.088 3,036 3.064) +0.7 0.9) 14 2,875 2,961 2,979 2,954] 27
Textile products 2,042 2,042 2,038 oof +0.2 08 1,949] 11976] 2.009] 2,084) 65
Apparel 5,475 5.525| 5,653) 03 23 2.0 5,266] 5.132 5.475 5.576] 5.6
Leather and allied products. 933 936 938 0.3) 02) +20) 876 939 952 857 +22
Paper products 6,881 6,835) 6770] +07/ +10] +08 6,693) 6,768 6.677, 6,910 3.1
Printing .. 1,693 1,700 1,709 04 05 01 1,640 1,656 1,691 1,682 1.3
Petroleum and coal products 5,541 5.576) 5,684 0.6 19 6.0) 5,133 5,555 5,763 6,071 155
Basic chemicals 25,068) 25,038] 25,642) +0. ‘2.a| 413) 24.773] 24,972] 25,390] 25,188 1.6
Plastics and rubber products... 7,795 7.849 7,923 07 0.9 0.9) 7.696 7.671 7.713] 8.642 10.9

® Preliminary " Revised

See note at end of Table 2 relating to survey error and revisions.


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
Dec. | Nov. Oct. | Nov.-] Oct.-| Sept.-} Dec. | Nov. Oct. Dec. | Dec.
2001” | 2001" | 2001 | Dec. | Nov. | Oct. | 20012 | 2001" | 2001 | 2000 | 01/00] 2001" 2000
‘All manufacturing industries 322,231) 318,379] 332.772] +12) -4.3] +7.0) 321,757] 313,679] 339,356] 358,862] 10.3] 3,978,690] 4,349,672
Excluding transportation 272.387) 270,247| 272/634 +08) 0.9] +18} 268,630] 265,624] 278,810] 297.546] 9.7] 3,361,342] 3,642,838
Excluding defense. 315.024] 311,826] 312'664] +1.0] -0.3] +2.9} 308.689] 307,177] 320,409] 349,074] 11.6] 3,880,626] 4,243,802
Durable goods industries 178,934] 172,952) 184,164 +17] -6.1| +124] 181,339] 168,880] 185,958] 209,067] 13.3] 2,173,533] 2,503,813
Primary metais. 10,781] 10,823] 10,863} 0.4) 0.4 2.1] 9,781) 10,511] 10,844] 11,362] 13.9] 139,303] 160,770
Iron and steel mili. 4e2] 4626, 4.567] +42] +13] 8.1] 41370] 4.436] 4.487} 4.688] 6.8] 59.859] 70,007
‘Aluminum and nonferrous metals 4724) 4.996) 5.069] -5.4/ 1.4 +3.2] 4,314] 4.906] 5.050) 5.490] 20.0] 4,248] 73.842
Ferrous metal foundries: 1.236] 1.201] 1.227| +29) 2.1) +10] og7] 169] 1.307] 12aa} 11.8 96] 16,927
Fabricated metal products. 13.735] 19.486] 18.734] 41:3] 1a} 322] aera] ra’gee| 201183] asiaea] ‘o-7] 2aolaas| — 250'a00
Machinery. 22,800] 22.616] 22,163] +08] +20] 0.4 22.316) 21.217] 21.719] 24,874] -9.6| 282,180] 305/598
Construction machinery. vs27| 1.498] 1.468] +21] +48) 3.7] 1518] 1/353] 11391] 635] 7.2] 19,075] 20,119
Mining, oil field, and

a8 field machinery. g93| 1,041 995] -4.6| +46 -17.2| 1,009 280) 961 geo} +2.0] 12,868] 9,998
Industrial machinery 3.115| 3,158] 3,109] taf 1.6] +91] 3197] 2,942] 3,351) 4,070) -21.4] 40,362) 53,145
Photographic equipment v259] 1,178] 1,349] +69] 12.7] +124] 1,285] 1.189] 1.416] 1.720] 25.3) 15,820] 18,021
Ventilation, heating, aie-conditioning,

and refrigeration equipment. 2,481| 2,505] 2,508] 1.0] 0.1] 3.4] 2.2411 2,376] 2.368] 2,502] 10.4] 3,789] 33,555
Metalworking machinery. ¥933] 1918] 21128) +08] -9.9] +125] 1.838) © -2:148] 2/307] 2.218] 17.1] 25,733] 29,981
Turbines, generators, and other

power transmission equipment 3,388| 3,038] 2,380] + 11.5] +276] -15.3] 3,902] 2,851] 2,014] 3,976] 1.9] 36,322] 40,644
Material handling equipment....se-er v381] 1.507] 1.442] ea] +45] -13.4] 11442) 11368] i401] 1.857| 22.3] 19,626] 21,805

Computers and electronic products... 33,179} 32.181] 319zaf +31] +08] +as] 41/139] 31,369] 31/591] 53,019] 22.4] 413,962] 558,875
Electronic computers 5.264) 5.881] 8.657] -5.7] 1.3] +32.0] 6,033} 5,493] S480] 9,165] 34.2) 72.440] 98, 154
Nondefense communications

equipment. 4999] 5,293] 5,222] 5.6) +1.4! +515] 7,893] 5,143] 5,054] 12,060] -34.6] 70,564] 117,928
Betense communications equipment. 442 233} 192] +89.7] +21.4) ° -2'5 496 223| 216} 320] +55.0 3,338] 31423
Semiconductors 5,996| 5,318] 5,520] +127] 3.7] 16.7] 6,150] 4,884] 6,468] 9,235] -33.4] 74,023] 109,839
Electronic components... 3,702] 3,743] 3.657] 1.1] +24] +101) 3,787] 3.663) 3,695] 61526] -31.5] 47,292) 75,387
Nondefense search and Mavigation

equipment... 594 594] 585] 0.0] +15] 5.8) 685] 594] 529 746] -8.2| 7,810] 9,301
Defense search and navigation

equipment 1,622] 1,452] 1,532] +117] 5.2] 15.1] 2,899] 1,494) 1,208] 2.681] +8.1] 20,050] 22,402
Electromedical, measuring,

and control instruments. 5.675] 5,341] 5,139] +63] +3.) +7.8| 6,639] 5,145] 4,808] 6,123] +8.4] 63,424) 62,685

Electrical equipment, appliances,

‘and components. 9897] 9,941! 9,753] 0.4] +19] +45! 9,858! 9,657] 9,601 11,590] -14.9] 124,196] 135,889
Electric lighting equipment 1126] 1099] 1.187] +25] 7-4] +239] 1355] 11047] 1166] 1.460] «7.2 14.028] 14,420
Household appliances. 22211 2161] 2.032] +28) +63) +51) 2.177) 2.239] 11902] 1.962] +110] 24.353] 23,693
Electrical equipment 3114: 3119. 2.913] -1.6{ +96] 5.9] 3,105 3,001] 2.831 31555] 12.7] 37,503] _ 40,872

Transportation equipment. 49.844] 48,132] 60,138] +3.6] -20.0] +39.0] 53,127] 48,055] 60,546] 61,316] -13.4| 617,348] 706,834
‘Motor vehicle bodies, parts,

‘and trailers o 16,568] 16,594] 15,896] -0.2) +4.4] 45.4] 14,496] 16,760] 17,084] 14,699] 1.41 195,990 217,219
Nondefense aircraft and parts... 5.686] 4,493] 4.562] +266) -1.5] +261] 9.233) 4,095] 2,295] 21,077) -86.2| 83,029] 116,242
Defense aircraft and parts. 1872] 2.598] 15.298] -27.9] -83.0] 4916] 3,684) 2,387] 14,368] 3,373] +9.2| 41,275] 36,391
Ships and boats... 1276] 1.845] 1.537] -17.4| +05] +22] sao) 48a) 11695] 1,643 + 18.1] 22/828] 22/289

Furniture and related products. 8717] 5,757} 8.868] 0.7] +34) 43.2] 5095] 8.670] 5,772] 5,502) -7.4| 70,231] 77,273

° 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 dollar increase from the prior month to the current month.

Note: Estimates of manufacturers’ shipments, inventories and orders are subject to survey error and revision. One major component of survey error is
nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling

error cannot be calculated. Further details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication,
Current Industrial Reports: M3-1(00}, “Manufacturers' Shipments, Inventories, and Orders: 1992-2000.”


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|
Dec. | Nov Oct. | Nov. -] Oct. -}Sept.-| Dec. | Nov. Oct Dec. | Dec.
2001" | 2001 | 2001 | Dec. | Nov. | Oct. | 2001° | 2001" | 2001 | 2000 }01/00] 2001 | 2000
All manufacturing industries. 326,662| 324,866] 326,851] +06] 1.2] +2.3]321,466] 322,099] 337,351]351,571| -8.6] 4,030,288] 4,280,872
Excluding transportation 272,686] 271,785] 276.985] +0.3| -1.9] +1.5] 269/522] 268/311] 283,081] 302,164] -10.8]3,406,221| 3.618.002
Excluding defense. 318,358] 317,456] 321,602] +03) -1.3} +2.4/311,724] 314/447] 330,217| 343,506] -9.3] 3,942/987| 4.200.485
Durable goods industries 180,365] 179,439] 180,243] +0.5} -0.4] +3.3/ 181,048] 177,300] 183,953] 201,776] -10.3] 2,225,131] 2,435,013
Wood products. 6,921} 6,963] 6,971] 0.6] -0.1] -2.9] 6,128] 6,520] 7.410] 6,100] +0.5] 83,589] 88,692
Nonmetallic mineral products. 7,317/ 7,332) 7,428) -0.2) -1.3] +4.4] 6,136] 7.186] 8.097] 6.377] -3.8] 89/577] 96,002
Primary metals. 10,885] 11,218) 11,547] 2.9] -2.9) +21] 91575] 10.915] 11/984] 11/087] -13.6] 141,702] 163,202
Iron and steel milis 4,786] 4,840] 4.978] -1.1] | -28] +04) 4/157! 4/632] 5.218] 4.601] -9.71 61,036] 72060
Aluminum and nonferrous metals, 4,869] 5,130] 5.327{ 5.1] 3.7] +41] 4/384} 5,057] 5.446] 5.368] 18.3] 65,455] 74/449
Ferrous metal foundries, 1.230] 1,245) 1,242) -1.2) +0.2] +0.9] 1034] 1.226{ 1/320] 1/118] -7.8| 15,211] 16.693
Fabricated metal products. 20,066] 20,089] 20,293} -0.1] | -1.0] +20] 18,420] 19:772] 21/308] 19/437] -5.2| 244/164] 258,960
Machinery. 22,339) 22,721] 23,543} -1.7| -3.5] +45] 22.534] 21/301] 23173] 25.694/ -123] 288/240] 299.065,
Farm machinery. 1.563} 1,494) 1.427] +46] +47] 3.1) “1)180] 1/106] "1/272 863] +35.8] 16,145] 13,733
Construction machinery, 1,477] 1,547] 1,615] 4.5] -4.2] +25] 1,349] 11339] 1/467] 1,655] -18.5| 19.538] 21.265,
Mining, oil field, and
gas field machinery. 1,051) 1,063] 1,057] -1.1] +06] -o.8} 1,138] 1,003] 1,035] 1,051] +8.3] 12,650] 10,061
industrial machinery, 3,252] 3,118] 3,170] +43) 1.6] 1.0] 3.761] 2:791] 3,179] 51223] -28.0} 43.807] 50,208
Photographic equipment. 1,272] 1,170) 1,382) +8.7) 13.5] +97] 1/348) 1175] 1/413] 1/537] 12:3] 16.977] 14.948
Ventilation, heating, air-conditioning,
and refrigeration equipment. 2,637} 2,589) 2,534) +19} +22] -3.4{ 2,417] 2,432) 2,549] 2,608] -7.3] 32,277] 33,564
Metalworking machinery 2,028} 2,042) 2,222) 0.7! 8.1] +2.8] 2,080] 2.272] 2/401] 2.611] -20.3] 27,208] 30,972
Turbines, generators, and other
power transmission equipment. 2,353] 2,933) 3,229] 19.8) 9.2] +40.5] 2,898] 2,823] 2,990] 3,313] -12.5] 35,084] 35,549
Material handling equipment 1.454{ 1,503] 1,547] -3.3] -2.8) 3.7] 11417] 1/404] 11561] 1.622! -12.6| 91972] 21,096
Computers and electronic products. 33/880] 33,232) 33,168] +1.9] +0.2] +08] 41.430] 33/113] 32,049] 56,110] -26.2| 440,819] 541.887
Electronic computers. 5,382) 5,436) 5,358] -1.0] +1.5| +3.2| 6.641] 4/968] 5.236] 9.650] -31.2] 73.241] 95,807
Computer storage devices 1,062], 1,106] 1.161] -4.0] -4.7] 411.1] 11656 991 915) 2.096] -21.0] 13.416} 15.136
Nondetense communications
equipment, 5,697} 5,528] 5,663] +31] 2.4] -3.0] 8,040] 5,318] 5,274] 12,751] -36.9] 78,845] 111,015
Detense communications equipment. 293 281 286] +43) 1.7) +21 327 277 266 277) +18.1 3.439 314i
Audio and video equipment 1,245) 1,069 940] +165] +13.7] 410.3] 1,406] 1,206} 1,082} 1,038] +35.5] 11.414] 11/782
Semiconductors. 5,850] 5,900] 6,196] 0.8] 4.8] -1.9} 6.587] 6,294] 6,249] 11,313] -41.8] 95,447] 108,182
Electronic components 3,733] 3,961) 3,870] 5.8] +2.4]+10.4] 3.951] 4/136] 3/931] 51865] -32.6] 52.079] 70,313
Nondefense search and navigation
equipment 695 687 689] +12} 03] 2.5 754 697 638 900] -16.2) 8,815} 10,097
Defense search and navigation
equipment 1,766] 1,721] 1,691) +26] +1.8) 2.8! 2,125] 1,754] 1,662] 2,139] -0.7] 20,828] 20,593,
Electromedical, measuring
and control instruments. 5,579] 5,092) 4,995] +96} +19] -2.0] 6,448] 4,939] 4,657/ 6,052] +6.5] 63,104] 60,983
Electrical equipment, appliances,
and components. 9,911] 9,693] 10,118] +2.2) -4.2] 43.3) 10,033] 9,330] 9,823] 11,700] -14.2] 127,174] 133,893
Electric lighting equipment 1,157) 1,105] 1,210) +4.7] 8.7) 416.8] 113421 1110] 1,176] 1/380] -2.8] 44/078] 14.356,
Household appiiances 2,160} 2,074) 2,081] +4.1} 0.3] +45] 2/109] 1/983] 2/019] 1/871) +127] 24/319] 23.417
Electrical equipment 3,060} 3,014) 3,053] +1.5] -1.3] +06] 3.225] 2/744] 2/788] 3/585] -10.0] 37,599] 39/594
Batteries. 504 515 543] 21] 5.2] 05 533 647 608 627| -15.0] 6.485] 7/235
Transportation equipment 54,006] 53,081] 61,866} +1.7) +2.3] 46.4] 51,944] 53,788] 54,270| 49,407] +5.1| 624.067] 662.870
‘Automobiles. 8,124) 7,997) 8,148] +16] -1.9]+19.8] 7,024] 8138] 91356] 6,607] +63] 94.969] 104.043,
Light trucks and uuility vehicles. 11,207] 11,277) 10,772) -0.6| +4.7]+15.7) 9,745] 11/431] 11/862] 9,118] +69] 129.535] 140.184
Heavy duty trucks 943 88 946] +64) 6.3] 0.8] ‘814 831] 1,085] 1,026] -20.7] 12/147] 17,986
Motor vehicle bodies, parts,
and trailers. 16,645) 16,624] 16,256] +0.1] +23] +6.2] 14,146] 16.687] 17,504| 14,625] 3.3] 197,491] 220,194
Nondefense aircraft and parts. 8,395] 8,504) 8.117] 1.3] 44.8] -2.2] 10,379] 8.738] 6.955] 9/966] +41] 98.788] | 93,999
Defense aircraft and parts 2,730) 2,819) 2,456] 3.2] +14.8] -14.9] 31496] 2.987] 21354] 2'670| +309] 30,517| 26,499
Ships and boats 1,729} 1,761) 1,785] -1.8) -1.3] +6.8] 1.671] 1.691] 1/812] 1618] +3:3] 20,556] 20.935
Furniture and related products, 5,669} 5,683] 5,774} 0.2] -1.6] +4.1] 51421] 51639] 5.981] 6.092] -11.0] 71.146] 77/623
Miscellaneous durable goods. 9,371} 9,430) 9,535] 0.6} -1.1] +0.7] 9,427) 9,736] 9.858] 9.772] -3.5] 114.653] 112/819
Nondurable goods industries. 146,297] 145,427) 148,608] +0.6} -2.1] +1.0) 140,418] 144,799] 153,398] 149,795] -6.3| 1,805,157] 1,845,859
Food products 38,514] 38,441] 38,556} +0.2] 0.3] +10] 38,597] 39,649] 40,145] 37,410] +3.2] 458,218] 438,913
Grain and oilseed milling 4.272) 4,218] 4,201] +1.4) +03] +39] 4,103] 4/421! 4/404] 3/782] +85] 491605] 46,786
Dairy products 5,624] 619) 5,870] +01} -4.3] +16) 5.586] 51841] 5\708] 5:167| +81] 67.770] 60,902
Meat, poultry, and seafood products.. | 11,663] 11.684] 11.546} 0.1] +12] +1.3] 11/567] 11/877| 11.714] 11,073] +45] 137\402| 129/688
Beverage and tobacco products. 9,994] 9,410] 10,233) +62) 8.0} +67] 9.344] 9/216} 10.412] 8,890] 45.1] 117.195] 112/366
Beverages. 5.963] 5,884) 6,772] +13] +1.9] +28] 5.511] 5.678] 5,767| 5.006] +101] 68.365} 65.081
Tobacco. 4,031] 3,526] 4,461) +14.3) 21.0] +12.3] 3.833] 3/538] 4.645] 3/884] -1.3] 48.830] 47/285
Textile mills 3,526] 3,534) 3,770] 0.2] 6.3] +1.1) 3.233) 3.448] 3'g57] 3.921] -175] 46.184) 53.282
Textile products. 2,865) 2,849! 2,833) +06} +06] +0.7{ 2.520] 2,723] 2'851] 2343] +7.6] 33.542] 32/947
Apparel 5,269] 5,018] 5,063] +5.0] 0.9] +1.8| 4/256} 4989] 5.775] 4/433} 4.0] 62.392] 65.097
Leather and allied products 687 698 710) -1.6]  -1.7] +09 799 727 764 991] -19.4] 8,905 9.865
Paper products. 12,397) 12,563) 13,013] -1.3] 3.5] +2.5] 11.974] 12,454] 13,403] 13,501] -11.3] 187/101] 170,217
Pulp, paper, and paperboard mills 5,545] 9,719] 6,062} 3.0] -5.7| +5.1] 5,333] 5,663) 6.234) 6,195} 13.3] 72.270] 79128
Paperboard containers. 3,853) 3,844) 3,962] +02] -3.0] +09] 3/606] 3,788] 41148] 4/004] 9.9] 48,062] _52'879
Printing. 7,965] 7,979] 8,178] -0.2| 2.4) +3.4) 8,104] 8507) 81787} 8.923] -9.2] 991517] 105.456
Petroleum and coal products. 16,220) 15,691] 16,655] +3.4] 5.8} -7.5| 15.335] 15.686] 17/474/ 19.193] -20.1] 218,363] 232/581
Petroleum refineries. 14,703] 14,117) 15,040] +4.2) 6.1] -8.0] 141195] 14,191] 15/652] 17/624] -19.5] 197/170] 209/618
Basic chemicals 34,117] 34,625] 34,821] -1.5] 0.6] +26] 33.237] 33/411] 34/511] 36.994] 10.2] 426,209] 442/832
Pesticides, fertilizers, and other
agricultural chemicals 1,786] 1,809] 1,687] 1.3] +7.2) +02) 1,447] 1.217] 1,166] 1,401] +33] 21,006] 20,513
Pharmaceuticals and medicines, 9,782] 9.864) 9,788] 0.8] +08] +1.0] 10.138] 9.944] 9/918] 11/333] -10.5] 119\018] 121/882
Paints, coatings, and adhesives. 2,530] 2,549} 2,514) 0.7} +14] 42.1] 2164] 2:32] 21415] 2/124) +19] 30/040] 29.687
Plastics and rubber products. 14,743] 14.619] 14.776] +0.8] 1.1] +1-4] 13/019] 13989] 16,419] 13/196] -1.3} 177'531| 182/303

® Preliminary 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


Summary

New orders for manufactured goods in December increased
$3.9 billion or 1.2 percent to $322.2 billion, the Department of
Commerce, Bureau of the Census reported today. This follows a 4.3
percent November decrease. New orders for 2001 were 8.2 percent
below 2000; new orders for the fourth quarter were 0.3 percent
below the third quarter.

Shipments increased $1.8 billion or 0.6 percent to $326.7
billion, following a 1.2 percent November decrease. Shipments for
2001 were 5.4 percent below 2000; shipments for the fourth quarter
were 1.7 percent below the third quarter.

Unfilled orders, down eleven of the last twelve months,
decreased $4.4 billion or 0.8 percent to $545.6 billion, following a
1.2 percent November decrease. The unfilled orders-to-shipments
ratio was 4.25, down from 4.30 in November.

Inventories, down eleven consecutive months, decreased $2.6
billion or 0.6 percent to $448.8 billion, following a 1.3 percent
November decrease. The inventories-to-shipments ratio was 1.37
down from 1.39 in November.

New Orders

New Orders for manufactured durable goods in December
increased $3.0 billion or 1.7 percent to $175.9 billion, revised from
the previously published 2.0 percent increase.

Transportation equipment had the largest increase, $1.7 billion
or 3.6 percent to $49.8 billion, mostly due to missiles, space
vehicles, and parts. Computers and electronic products, led by
semiconductors, increased $1.0 billion or 3.1 percent to $33.2
billion; this was the third consecutive increase.

New orders for nondurable goods increased $0.9 billion or 0.6
percent to $146.3 billion.

Shipments
Shipments of durable goods in December increased $0.9 billion

or 0.5 percent to $180.4 billion, unrevised from the previously
published 0.5 percent December increase.

Transportation equipment, up three consecutive months, had
the largest increase, $0.9 billion or 1.7 percent to $54.0 billion,
due to missiles, space vehicles, and parts. Computers and
electronic products, up three consecutive months, increased $0.6
billion or 1.9 percent to $33.9 billion. Machinery decreased $0.4
billion or 1.7 percent to $22.3 billion. Primary metals, down four
of the last five months, decreased $0.3 billion or 2.9 percent to
$10.9 billion; this was the lowest level since December 1993.

Shipments of nondurable goods increased $0.9 billion or 0.6
percent to $146.3 billion. Beverage and tobacco products and
petroleum and coal products had the largest increases.

Unfilled Orders

Unfilled Orders for durable goods in December, down eleven
of the last twelve months, decreased $4.4 billion or 0.8 percent to
$545.6 billion, revised from the previously published 0.7 percent
decrease.

Transportation equipment, led by nondefense aircraft and
parts, had the largest decrease, $4.2 billion or 1.5 percent to
$277.7 billion. Computers and electronic products, down thirteen
consecutive months, decreased $0.7 billion or 0.6 percent to
$125.1 billion, mostly due to nondefense communications
equipment. Machinery, up for the first time since June, increased
$0.5 billion or 0.8 percent to $58.3 billion.

Inventories

Inventories of durable goods in December, down eleven
consecutive months, decreased $1.8 billion or 0.6 percent to
$283.8 billion, revised from the previously published 0.4 percent
decrease. Durable goods inventories were at their lowest level
since January 1998.

Computers and electronic products, down ten consecutive
months, had the largest decrease, $1.6 billion or 3.2 percent to
$49.3 billion. Transportation equipment increased $1.1 billion or
1.5 percent to $74.3 billion, mostly due to defense aircraft and
parts.

Inventories of nondurable goods, down eleven consecutive
months, decreased $0.7 billion or 0.4 percent to $165.0 billion.

By stage of fabrication, December finished goods decreased
0.3 percent in durables and increased 0.4 percent in nondurables.
Work in process decreased 0.7 percent in durables and increased
0.1 percent in nondurables. Materials and supplies decreased 0.9
percent in durables and 1.8 percent in nondurables.

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

For data, call 301-457-4673. For inquiries, contact Lee Wentela or Derrick Roy, Manufacturers’ Shipments, Inventories, and Orders Branch, Manufacturing and Construction
Division (MCD), Washington, DC 20233-6900, or call 301-457-4832 or 301-457-4814,

The advance report on durable goods for January is scheduled for February 27, 2002 at 8:30 a.m and the full report on March 6, 2002 at 10:00 a.m. For sale by the
Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.