Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Perce
chang
Mar. Feb. Jan.| Feb-} Jan-| Dec. Mar. Feb. Jan, Mar} Mat
2000" 2000" 2000] Mar.| Feb. Jan.} 2000" 2000" 2000 1999] 00/9
All manufacturing industries 476,216 | 475,999] 472,706 0.0 40.7 +0.5] 475,488] 479,087] 470,443] 462,645 428
Manufacturing industries
with unfilled orders 314,425] 314,444] 312,230 0.0} 40.7] 40.5) 313,108] 313,425] 309,063] 308,289] +14
without defense capital goods 457,670 | 456,565] 453.0347 +02] +08] +04] 457,149] 459523] 450,992] 444263] 426
Durable goods industries 298,305 | 298,505] 296,566 0.1} +07] 40.5) 297,781] 300,744] 294,560] 292,680) #17
With unfilled orders ......... 272,918 | 273,003] 271,094 0.0) 40.77 +05] 271,621] 274,228] 268,545] 267338] +16
Stone, clay, and glass products 9,988] 10,031] — 10,020 0.4] 401) +13] 10,193} 10305] 10,088 9482) +75
Primary metals. 24,720] 24,696] 24.647] 0.1) 40.2] +16] 24583] 24.832] 24,839] 23.506] +42
Blast furnaces, steel mills 1776} W712} 11,629 0.5] 40.7) 4} oans77} 11728] 11839] 11379] 415
Iron and steel foundries 1,570 1,587 1,597 Ll 0.6 12 1,619 1,621 1,586 1,676 34
Nonferrous and other primary
metals , 1374] 11397] 11421 -0.2 02} 426] 11387] 11483] ata} tos4} +80
Fabricated metal products 31,788] 31,911] 31,669 04] +08) +09] 32,027] 31,962] 31,468] 31,043] 43.2
Industrial machinery and equipment 60,718] 60,888] — 60,693 0.3) +03] +405} 60,460} 62,013} 60.294] 60.438 OC
Engines and turbines : 4.674 4,639] 4,603 +08] +08 -03 4,564 4,636] 4,409 4,134] +104
Farm and garden machinery 3,802 3,814 3,848 -03 0.9 0.0 4,086] 4,306 4,269 3981] +26
Construction, mining and
material handling equipment 8,750 8,924 8,911 -19] 40.1 -04 8,850 9,125, 8,936 9,166 3.4
Metalworking machinery vee 8,081 8,095 8,059 02} 404] +04 7,928 8,016 7814 7,824) +13
Computer and office equipment 8,539 8,558 8,675 0.2 -13 2.1 8,071 8,743 8,331 8,712 74
Electronic and other
electrical equipment... . 43,846] 43,923] 43,612 02] +07 0.0} 43,398] 44,154] 42,970] 39,982] +85
Electrical transmission and
distribution equipment and
industrial apparatus 5,401 5,421 5,434 04 0.2 +0.8 5,394 5,541 5,482 5,274 +23
Household appliances 2,461 2,515 2.523 2d 03 $0.8 2,543 2,630 2.477 2,478 42.6
Electric lighting and
wiring equipment . 3,854 3,879 3,804 06] 420) +10 3,793 3,880 3,098 3.440] +103
Household audio and
video equipment . . 1,075 1,079 1,094 -04 “14 43 981 1,049 1,057 896, 49.5
Communications equipment 11605) 11,714) 11.651 09} 40.5 -3.8{ 11,391] 11,696] 11,383] 10,426] +93
Electronic components. 15,472 15,422 15,310 +03 +0.7 +25 15,312 15,491 15,163 13,868 +104
Transportation equipment ......... 69,992] 69.840] 69,071] +02] +11 0.0} 70,161} 70,031} 68,357] 73.451 45
Motor vehicles and parts . . 17,945] 18,171] 17,992 12] +10] 40.1] 18,224] 18,267] 17899} 17,735] 42.8
Aircraft, missiles,
space vehicles, and parts, 45,976] 45,388] 44,787] +413] +13 0.9] 45,794} 45,452] 44,184] 49,861 8.2
Shipbuilding and tanks 2391 2,423 2,403 13] 408] +13 2,462 2,448 2416 2130] 415.6
Instruments and related products 27,327] 27,390| 27,282 0.2) +404] +04] 27,059] 27,267] 26,716] 26.453] +23
Search and navigation equipment 6,738 6,818 6917 “1.2 “14 40.3 6,626 6,751 6,747 6,718 “14
Measuring and controlling devices . 8,390 8,398 8,182 0.1 42.6 0.6 8,360 8,378 8,038 7,929 +54
Medical instruments and supplies 9,159 9,121 9,095 +04 403 +12 9,026 9,098 8,973 8,456 +67
Photographic goods . 2,327 2,334 2,362 -03 “A2] 40.7] 2329 2.324 2.244 2581 98
All other durable goods 29,926 29,826 29,572 +03 40.9 +12 29,900 30,180 29,828 28,235 +59
Nondurable goods industries 177,911} 177,494] 176,140 +0.2 +0.8 +0.5] 177,707] 178,343] 175,883] 169,965 +4.6
With unfilled orders 41,507 41,441 41,136 +0.2 +0.7 +0.6 41,487 41,197 40,518 40,951 +13
Food and kindred products 39,307] 39,164] 39,021 40.4 40.4 0.0} 38,861 39,374] 39,436] 37,277 44.2
Meat products 4.604 4,443 4458| 43.6 -03 02] 4,702 4,529 4,403 4,266] 410.2
Dairy products 3,890 3,993 3,828 26] +43 0.2 3,878 3.976 3,776 3,894 “0.4
Beverages 8,794 8,781 8872] — +0.1 -1.0 “13 8,790 8819 8,877 8538] $3.0
All other foods, ‘xcept fats and oils 20,423} 20,327] 20,254 40.5 +0.4 40.6 19,856] 20,331 20,694 18,722 +6.1
Tobacco products... : 5,291 5,291 3,163 00; 425] +12 5,373 5,749 5,659 5,416 -08
Textile mill products. . . 10,224] 10,163} 10,131] +0.6] +03 03} 10,248] 10,259} 10,109} 10,082] +16
Broadwoven fabrics and
other textiles... . 61S 6,074 6,076] +0.7 00 -1.0 6,099} 6,157 6,121 6,202 “17
Paper and allied products 16,535 16,559 16,381 0.1 +11 +19 16,729 16,697 16,429 16,236 43.0
Pulp, paper, and
paperboard mill products - 6,449 6412 6378] +06} +05] +08 6,540 6,524 6,443 6,640 “18
Paperboard containers and boxes 4303 4349] 4336 sll] +03] #41 4,387 4390 4,352 3989] 49.2
Miscellaneous converted
paper products 5,783 5,798 5,667 03] 423] +16 5,832 5,783 5,634 5,607] +4.0
Chemicals and allied products | 47,787 | 47,694] 47,626 +0.2 +0.1 0.0} 47,927] 48,262] 47.440] 46,170 43.8
Industrial chemicals 19,592 19,485 19,417 +0.5 404 03 19,598 19,718 19,591 19,164 42.3
Drugs, soaps, and toiletries” 22,361) 22,325] 22,279] 40.2] +0.2) 40.5] 22,077] 22.235] 21,619] 20.663] 46.8
Petroleum and coal products . . 13,440] 13.259] 12,805] +h4] 43.5] 44.6] 13.301] 12.900] 12,489] 10.403} 427.9
Rubber and plastics products 17,926 17,921 17,581 0.0 +19 0.0 18,233 18,333 17,746 16,967 475
All other nondurable goods... . 27,401] 27,443} 27,432 -02 0.0 0.4] 27,035] 26,769] 26,575] 27,414 “14

* Preliminary. ‘ Revised.

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


10

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

380

360

340

320

300

280

I/S Ratios

2.5
2.4
2.3
2.2
2.1

ae ean oa aa
oa

New Orders

}-| Shipments | - - ---------------------

L 1 1 1 1 lL 1 1 1 1 1 1. 1
Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar
Mar. 1998 - Mar. 2000

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

Pot rr ee ee vos [4

po vs 7

=

ar ero er se er cd

Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan = Mar
Mar. 1998 - Mar. 2000

320

300

280

UO/S Ratios
3.7

3.6
3.5

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
Mar. Feb. Jan. | Feb- | Jan- | Dec.- Mar. Feb. Jan. Mar. | Mar.
2000" | 2000" 2000 | Mar. | Feb Jan. 2000" | 20007 2000 1999 | 00/99
UNFILLED ORDERS
All manufacturing industries 592,718 | 546,636 | 542,619 | +11 | +0.7 | +08 | 554,068 | 550,684 | 547,177 | 528,200 +49
Market categories
Automotive equipment 2,528 | 2466] 2491 | 425} -10] -14] 2508 | 2,554 2,574 2,384 +0.5
Home goods and apparel 9,460 | 9,545 | 9,436 09] +12] +191 9502 | 9.737 | 9346 | 91258 426
Consumer staples... . 3,257 | 3239 | 3014] +06] +75 28 | 2938 | 2921 2919 2306 | 427.4
Machinery and equipment 246,435 | 245,244 | 244.870 | +05 | +0.2 | +19 | 246,514 | 246,128 | 245.246 | 244,276 +09
Business supplies . . 7,405 | 7,415 7,292 Ol] +17 20 | 7,134 7,096 | 7,114 | 6,850 +41
Construction materials
and supplies 17,899 | 18,009 | 18,057 06] -03 | +23 | 18,027 | 18,062 | 18,014 | 17,981 +03
Defense products... . 89,332 | 89.948 | 89.210 0.7] +08 | +02 | 91,232 | 91,425 | 90,866 | 93,936 29
Other materials, supplies and
and intermediate products . 176,402 | 170,770 | 168,249 | 433} +15 -0.5 | 176,123 | 172,761 | 171,098 | 151,009 | +166
Durable goods industries
Nondefense capital goods * 262,548 | 261,896 | 261,508 | +02] +0.1 | +17 | 262,894 | 263,134 | 262,251 | 261,159 +07
Excluding aircraft and parts 119,395 | 119,666 | 118,786 02] 40.7 | +27 | 119,741 | 120,904 | 119,529 | 111,051 +78
Defense capital goods * 94,565 | 95,028 | 94,345 0.5 40.7 +0.6 | 96,648 | 96.554 | 96,018 | 98.850 2.2
Durables excluding capital goods 169,997 | 163,851 | 161,222 43.8 +16 -0.3 | 169,340 | 165,878 | 164,081 | 144,897 +169
Miscellaneous series :
Producers’ durable equipment . . 285,701 | 283,657 | 283,273 | +0.7 | +0.1 | +18 | 286,105 | 285,575 | 284,534 | 284,242 40.7
Household durable goods... . . 6,015 6,031 5,887 03] 424] +05 6013 | 6,275 5,988 5,798 43.7
Information technology industries 45,943 | 45,394 | 45,614} +12] 05 | +13 | 45,756 | 45.317 | 45,325 | 40,757 | +123
Health care equipment
and products 10,673 | 10,475 | 10.435 | +19] +04 | +3.7 | 10,403 | 10,696 | 10,795 9,309 | +118
TOTAL INVENTORIES
All manufacturing industries 476,216 | 475,999 | 472,706 00] +07 | +08 | 475,488 | 479,087 | 470,443 | 462,645 428
Market categories :
Automotive equipment 8,961 8,996 | 8,886 04] +12} +06] 9,120} 9,047 | 8,769 8,937 +2.0
Home goods and apparel 31,735 | 31,828 | 31,835 -03 0.0 -O.1 | 314ss | 31,733 | 31521 | 31,193 +08
Consumer staples : 78,122 | 77,775 | 77,086 | +04] +09] +06} 77,433 | 77,994 | 76.948 | 72,630 +66
Machinery and equipment 116,508 | 115,766 | 114,800 | +06} +08 -0.7 | 116,106 | 116,799 | 113.361 | 117,839 “15
Business supplies . . : 29,136 | 29,039 | 28,667 | +03} +13 | +09 | 29,140 | 28.823 | 28175 | 28,190 43.4
Construction materials
and supplies 31,000 | 31,129 | 30,875 04] +08] +10] 31,250 | 31,840 | 30,888 | 29,007 477
Defense products 18,152 | 18,941 | 19,091 42] 08} +20] 17.939} 19.013 | 18,923 | 18.019 “04
Other materials, supplies and
and intermediate products 162,602 | 162,525 } 161,466 0.0 | +0.7 | +10 } 163,045 | 164,138 | 161,858 | 156,830 +4.0
Durable goods industries :
Nondefense capital goods * 107,161 | 106,261 | 105,326 | +08 | +09 -0.9 | 106,373 | 106,857 | 103,715 | 109,409 28
Excluding aircraft and parts 73,106 | 73,701 | 73,588 08 | +02 -0.2 | 72284 | 74,375 | 72,423 | 71,461 +12
Defense capital goods * . . . 18,546 | 19,434 | 19,672 46]  -12 | 423 | 18339 | 19564 | 19451 | 18,382 0.2
Durables excluding capital goods 172,598 | 172,810 | 171,568 0.1 | 40.7 | +12 | 173,069 | 174,323 | 171,304 | 164.889 +5.0
Miscellaneous series
Producers’ durable equipment 192,051 | 191,663 | 189.806 | +02] +10 -0.2 | 191,622 } 192,867 | 187,860 | 190,251 40.7
Household durable goods ... . 16,650 | 16,689 | 16,655 -0.2 +0.2 +0.3 | 16514 | 16,796 | 16,588 16,127 42.4
Information technology industries 33,596 | 33,837 | 33,760 07} +02 -19 | 32,863 | 33,958 | 32,821 | 32.279 +18
Health care equipment
and products. 21,262 | 21,207 | 21,154 | +03] +03 | +08 | 20,979 | 21,139 | 20,683 | 19,645 +68

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
Mar. | —_Feb.] Jan. | Feb} Jan-| Dec} Mar.| Feb. } Jan. | Mar. | Mar.
2000°| 2000'| 2000] Mar.| Feb} Jan. 2000"| 200°] 2000] 1999] 00/99 | 2000" | —_ 1999
SHIPMENTS
All manufacturing industries... .. | 377,108] 370,865] 370,565] +1.7] +0.1|  +0.7} 399,124] 365,756] 333,352) 369.208] +8.1] 1.098,232]1,017,790
Market categories =
Automotive equipment . 17,073] 16,352] 17,000] +44] -3.8} +06) 18,778] 17,433] 15,803] 17,844) +5.2] 52,014] 49,435
Home goods and apparel ~.- | 21,240] 20,898] 20,857] +1.6| +02] +1.0f 22.460] 20,985] 17,908} 20,808] +79] 61.353] 57.344
Consumer staples . wees s] 79,121] 78,957] 77,046] +0.2{ +2.5] +0.2) 79,998] 75,668] 71,629] 73,294) +9.1| 227,295] 206,667
Machinery and equipment ....... | 71,302] 69,944] 71,852] +1.9]  -2.7} 42.9] 81,135] 67,520] 60,337] 76.810] +5.6] 208,992] 196,283
Business supplies... . 28,426) 27,842] 27398] +2.1] +16 -1.2] 28.817] 27,138] 24.954] 26,580] +84] 80.909] 75,693
Construction materials
and supplies... 24,251] 23,868] 23,718] +16] +06 +0.5] 24,526| 22,783) 20,633] 22,881] +72] 67,942] 63,651

Defense products... . :
Other materials, supplies and

5] 6,280) 6,496) +9.0 -3.3{ -3.7) 7,421 6,275} 5,364] 7,419} 0.0 19,060] 20,183

and intermediate products ..... . | 128,850] 126.724] 126,198] +1.7] +04) +0.6] 135,989] 127,954] 116,724] 123,572] +10.0] 380,667} 348,534
Durable goods industries
Nondefense capital goods * 58,048] 57,327] $8,867] +13] -2.6 +4.0| 66,914] 54,039] 47,981} 62,137] +7.7] 168,934] 155,163
Excluding aircraft and parts .... | 51,958) 50,097] 51,134] +3.7] -2.0] +5.9} 60,407] 47,113) 41,308) 52,867] +143] 149,028] 130,700
Defense capital goods 4 ....... 6.615] 6,005 6,253] +102] -4.0) -4.1) 7,190) 5,948} 5,069} 7,173) -+0.2] 18,207] 19,421
Durables excluding capital goods . | 146,567) 143,223} 144,322| +2.3|  -0.8] +0.7] 156,206] 145,213] 131,277] 146,170] +6.9] 432,696] 406,263
Miscellaneous series :
Producers’ durable equipment 136,797] 133,523] 136,609] +2.5} -2.3]  +1.8) 152,697] 132,986] 119,137] 144,571 +5.6| 404,820] 382,812
Household durable goods . . 11,219} 11,085] 11117] 41.2) -0.3) 42.3) 12,232} 11017) 9,460) ILI] +10.1] 32,709] 29,738

Information technology industries 30,633} 30,222] 29,857} +14} +1.2} +8.7] 36,562] 27,680] 23,464) 31,010} +17.9] 87,706] 74,350
Health care equipment

and products, 13,349} 13,517) 13,234] 12) 42.1 0.2] 14,197] 12,950] 12,226] 13,996] +14 39,373 37,489
NEW ORDERS,
All manufacturing industries... .. | 383,190] 374,882] 374,967] +22] 0.0 -1.2| 402,508] 369,263] 347,838] 367,859] +9.4] 1,119,609 1,033,004
Market categories :

Automotive equipment ...... 17,135} 16,327} 16,964] +4.9) 3.8} +01) 18,821} 17,413] 15,892] 17,807 +57 52,126 49,614
Home goods and apparel... 21,155] 21,007} 21,033] +0.7} -0.1] 42.2) 22,224) 21,376] 18,646] 20.986] +59] 62.246] 58,290
Consumer staples ..... 2... 79,139] 79,182} 76.961] -0.1] +29] 0.0 80.014] 75.670] 71.483] 73,404] +9.0] 227,167] 206,711
Machinery and equipment . - | 72,492) 70,319} 76,524) +3.) 8.1 +1.2) 81,521] 68,402] 66,392] 74,907 +88] 216,315] 199,988
Business supplies . . . 28,417| 27,965] 27,247] +1.6]  +2.6) -2.0] 28,855] 27,120] 24,873] 26,744) +79 80,848 76,022
Construction materials

and supplies. ...............{ 24,140] 23,820] 24,125] +13) -1.3] 42.0} 24,492) 22,830 21,279] 23,099} +6.0] 68,601] 64,391

Defense products... .

. . 6,229) 7,018) 6,709] -11.2)  +4.6)  -24.2| 7,228 6,834 7,147] 9,597 24.7 21,209 23,203
Other materials, supplies and

and intermediate products ...... | 134,483] 129,244] 125,404] +4.1] 43.1] 2.9) 139,353] 129,618] 122,126] 121,315] +14.9] 391,097] 354,785
Durable goods industries
Nondefense capital goods * . 58,700] 57,715] 63,350] +1.7]  -8.91 +11) 66,674] 54,922] 53,637] 60,487) +10.3] 175,233] 159,240
Excluding aircraft and parts 51,687| 50,977) 54,272] +14] -6.1]  +5.8) 59.244) 48,488] 45,819] 53,753] +102] 153,551] 135,174
Detense capital goods * : 6.152] 6,688] 6,812] -8.0]  -1.8 -23.1] 7.284] 6.484] 7,447] 9,359) -22.2] 21,215] 22,558
Durables excluding capital goods 152,713] 145,852] 143,820] +4.7} +1.4] — -1.9} 159,668] 147,010] 137,814] 144,365] +10.6] 444.492) 413.915

Miscellaneous series :

Producers’ durable equipment .... | 138,841] 133,907] 141,595] +37] -3.4] +1.4] 153,227] 134,027] 127,145] 142,168] +7.8] 414,399] 387.550
Household durable goods ... . 11,203] 11,229} 11,148] -0.2] +0.7} +1.7] 11,970) 11,304} 10,002} 11,209} +6.8] 33,276] 30,375
Information technology industries 31,182] 30,002} 30,460) +39) 1.5] -1.1] 37,001] 27,672) 23,942] 31,499] +175] 88,615] 75.991
Health care equipment

and products . . . . 13,547] 13,957] 13,611] 0.1] 0.4] +1.0) 13,906] 12,851) 12,946) 13,351] +4.2] 39,703] 37,173

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.

* Nondefense capital goods industries include : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and materi
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and servir
industry machinery; electrical transmission and distribution equipment; electrical industrial apparatus, communications equipment; aircraft, missiles, space vehicles, and engin
and parts; ships and tank components; railroad equipment; and search and navigation equipment

+ Defense capital goods industries include ; ordnance and accessories; communications equipment; aircralt, missiles, space vehicles, and engines and parts; ships, tanl
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 Mar. Feb, Jan, Dec. Mar. Feb. Jan, Dec.
2000" 2000 2000 1999 2000" 2000° 2000 1999
All manufacturing industries... . 1.26 1.28 1.28 1.28 2.59 2.61 257 2.37
Durable goods industries... . . 141 1.45 143 3.03 3.05 2,99 3.01
Stone, clay, and glass products : 1.09 112 Li 0.74 0.75 0.76 0.74
Primary metals 7.2... , . 134 135 134 197 1.99 1.98 2.02
Fabricated metal products 152 136 154 127 1:29 129 131
Industrial machinery and equipment 1.48 ust 136 2.16 2.20 210 221
Electronic and other
electrical equipment .......,.. 113 1.16 1.20 2.43 231 2.23 2.36
Transportation equipment . | 144 149 138 917 9.43 911 839
Instruments and related products 1:80 1.86 1:79 3.10 3.18 3.21 3.06
Nondurable goods industries... ... . 1.07 1.08 1.09 1.09 0.65 0.67 0.66 0.66
Food and kindred products . . 0.93 0.93 0.94 0.93 (X) (X) (X) (X)
Tobacco products ...... 1. | 1:20 123 1:20 118 (%) (X) () &)
Textile mill products...) ||)! 137 Us4 137 154 (NA) (NA) (NA) (NA)
Paper and allied products... ||| | 112 116 116 112 (NA) (NA) (NA) (NA)
Chemicals and allied products || | | 131 130 134 134 &) ) (x) (%)
Petroleum and coal products. 0.68 0.68 0.70 0.70 (X) (X) () (%)
Rubber and plastics products || 123 1.24 1.23 122 0) &) (%) (X)

" Preliminary. * Revised. (X) Not applicable. (NA) Not available.

jceXcludes the following industries with no unfilled orders : Wood and lumber products; Blass containers; metal cans, barrels and drums: farm and garden machinery;
patrolecen cl ,assembly operations; other transportation equipment; foods and related products; tobwcce, knitting mill products; apparel! and related products; chemicals.
petroleum and coal products; and rubber and plastics products.

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

Shipments New orders Unfilled orders Inventories
Industry
Mar, Mar. Mar. Mar.
Mar.” 1999. Mar,? 1999. Mar? 1999. Mar, 1999.
Mar} 1995) Feb, | Mar.’ | 1995. | Feb. | Mar | 1995-1 ‘Feb | Mar.’ | Mae. Feb.
2000 | __1999 |_2000 | 2000] 1999 | 2000 | 2000} 1999} 2000] Sooo} Yoos 2000
All manufacturing industries... . (x) 01 01 (x) 02 02 (x) 1 O14 ea) 00 00
Durable goods industries... . 08 0.2 0.2 09 03 04 0.1 Ol 0.1 (x) 01 0.0
Stone, clay, and glass products | | (X) 04 03 (00) 09 03 (x) 04 04 (X) 02 03
Primary metals so... -03 0.4 03 0.1 08 09 Ol 03 04 (x) 01 0.1
Fabricated metal products... (Xx) 02 0.3 (x) 05 04 (Xx) 03 03 (X) 0.1 Ol
Industrial machinery and equipment . 02 02 04 04 04 05 03 02 0.1 (Xx) Ol 0.1
Electronic and other

electrical equipment... , 0.5 03 04 0s 0.7 15 02 04 07 (x) 0.2 0.2
Transportation equipment 17 05 0.5 23 1.0 im 02 1 02 (%) Ol Ol
Instruments and related products . (x) 0.7 0.8 (xX) 03 08 (xX) Ol 02 (X) Ot 04
Nondurable goods industries . x) 01 01 Xx) 1 Ol &) 02 02 (x) o1 ou
Food and kindred products & 02 02 & (Xx) (X) (X) (Xx) (X) (xX) 0.2 O4
Tobacco products... (x) 0.0 O1 (x x’ (X) (x (X) (x (X) 0.0 0.0
Textile mill products 602-6) Ol 04 X) | way] way | aay} (a) (x) Ol Ol
Paper and allied products... 2... (X) 0.2 0.1 (X) | (NA) | (NA) (X) | (NA) | (NA) (xX) 0.1 0.0
Chemicals and allied products. | | | | (X) 03 02 & x (%) (x) (x) (x) (x) 02 ol
Petroleum and coal products. | | | &) 03 08 ros (x) (&) &) &) (X) &) 02 06
Rubber and plastics products 11) | (X) 01 02 (x) & &) (x) () (X) &) On 03

Capital goods industries :
Nondefense events 09 Ol 02 -0.3 0.7 0.5 -0.2 Ol 01 (x) 01 O1
Defense 6 14 03 08 22.6 25 48 10 Ol 03 (X) Ol 02

(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 simple averages of the absolute values of the differences for the months specified. The advance to tinal 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 for this month for the last five vears


CURRENT INDUSTRIAL REPORTS

oes
By

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

Manufacturers’ Shipments,
Inventories, and Orders

March 2000
M3-1-(00)-02
For Wire Transmissions 10:00 a.m. E.S.T. May 3, 2000

For Data - (301) 457-4673
For Questions - Lee Wentela or Derrick Roy
(301) 457-4832 or (301) 457-4814

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in March increased
$8.3 billion or 2.2 percent to $383.2 billion, the Department of
Commerce, Bureau of the Census reported today. This follows
a slight February decrease. Excluding transportation, new orders
increased 1.9 percent. Year to date, new orders are 8.7 percent
above the same period a year ago; new orders for the first
quarter are 2.5 percent above fourth quarter 1999.

Shipments increased $6.2 billion or 1.7 percent to $377.1
billion, following a 0.1 percent February increase. This is the
sixth consecutive increase and the largest since January 1997.
Year to date, shipments are 8.1 percent above the same period a
year ago; shipments for the first quarter are 2.3 percent above
fourth quarter 1999.

Unfilled orders increased $6.1 billion or 1.1 percent to
$552.7 billion, following a 0.7 percent February increase. This is
the ninth consecutive increase. The unfilled orders-to-shipments
ratio was 2.59, down from 2.61 in February.

Inventories increased $0.2 billion to $476.2 billion,
following a 0.7 percent February increase. This is the seventh
consecutive increase. The inventories-to-shipments ratio was
1.26, down from 1.28 in February.

New Orders

New orders for manufactured durable goods in March
increased $7.3 billion or 3.5 percent to $217.6 billion, revised
from the previously published 2.6 percent increase.

Electronic and other electrical equipment, led by
electronic components, had the largest increase, $4.2 billion
or 10.2 percent to $45.2 billion. This is the eighth increase
in the last ten months and the largest since August 1997.
Transportation equipment increased $1.9 billion or 4.1 percent
to $48.5 billion. Instruments and related products increased
$0.8 billion or 5.3 percent to $15.3 billion. Industrial
machinery and equipment, down four of the last five months,
decreased $0.7 billion or 1.7 percent to $40.7 billion.

New orders for nondurable goods, wp nine of the last
eleven months, increased $1.0 billion or 0.6 percent to $165.6
billion. Petroleum and coal products and paper and allied
products had the largest increases.

Shipments

Shipments of durable goods in March increased $4.7
billion or 2.3 percent to $211.2 billion, revised from the
previously published 1.5 percent increase. This is the ninth
increase in the last eleven months.

Transportation equipment, led by motor vehicles and
arts, had the largest increase, $1.7 billion or 3.7 percent to
8.6 billion. Electronic and other electrical equipment
increased $0.9 billion or 2.3 percent to $38.9 billion. This is
the fourth increase in the last five months. Industrial
machinery and equipment increased $0.8 billion or 1.9 percent
to $40.9 billion. Instruments and related products up seven of
the last eight months, increased $0.4 billion or 2.7 percent to
$15.2 billion.

Shipments of nondurable goods increased $1.6 billion or
1.0 percent to $165.9 billion. This is the tenth increase in the
last eleven months. Paper and allied products had the largest
increase, $0.4 billion or 3.1 percent to $14.8 billion. This is
the ninth increase in the last eleven months.

Unfilled Orders

Unfilled orders for durable goods in March increased
$6.3 billion or 1.2 percent to $527.1 billion, revised from the
previously published 1.1 percent increase. This is the ninth
consecutive increase. Electronic and other_ electrical
equipment had the largest increase, $6.4 billion or 7.3 percent
to $94.2 billion, mostly due to electronic components. This
is the fifteenth increase in the last sixteen months and the
largest since August 1997. Industrial machinery and
equipment, down for the first time since June 1999, decreased
$0.3 billion or 0.3 percent to $83.8 billion.

Inventories

Inventories of durable goods in March decreased $0.2
billion or 0.1 percent to $298.3 billion. This is the first
decrease since August 1999,

Industrial machinery and equipment had the largest
decrease, $0.2 billion or 0.3 percent to $60.7 billion.
Transportation equipment, up three consecutive months,
increased $0.2 billion or 0.2 percent to $70.0 billion.

Inventories of nondurable goods, up nine consecutive
months, increased $0.4 billion or 0.2 percent to $177.9
billion.

By stage of fabrication, March finished goods increased
0.4 percent in durables and decreased 0.4 percent in
nondurables. Work in process decreased 0.4 percent in
durables and increased 1.0 percent in nondurables. Materials
and supplies decreased 0.1 percent in durables and increased
0.8 percent in nondurables.

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

‘The advance report on durable goods for April is scheduled for May 26, 2000 at 8:30 a.m. and the full report on June 2, 2000 at 10:00.a.m. For sale by the Superintendentof 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 11
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

62

62
New Orders

42 bt ! ! ! ! ! 1 ! n ! ! \ Ld 45
Mar May — Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar
Mar. 1998 - Mar. 2000
Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars
10 10

New Orders
a er |
Shipments

4
Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar

Mar. 1998 - Mar. 2000
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
Mar, Feb. Jan. | Feb- | Jan- | Dec Mar. Feb. Jan. Mar. | Mar,
2000° | 2000" 2000 | Mar. | Feb. Jan. | 2000? | 2000" 2000 1999 | 00/99
MATERIALS AND SUPPLIES
All manufacturing industries 159,401 | 159,016 | 157,741 | +02 | +08 | -0.2 | 158,812 | 159,641 | 158,772 | 152,705 +4.0
Durable goods industries 95,989 | 96,083 | 95,108 0.1} +10 | -0.7 | 95,000 | 96,282 | 95,626 | 91,271 +41
Stone, clay, and glass products 36 3,406 | 3355 3] +15 | +13 | 3326 | 3.420 | 3367 | 3163 45.2
Primary metals»... . : 7oss | 71865 | 7.796 | +15] +09] 412] 77725] 777 | 7921 7307 +57
Fabricated metal products | 10.979 | 10.941 | 10.797 | +03 | +13 | +02 | 10963 | 10.910 | 10,859 | 10381 +56
Industrial machinery and equipment | 20413 ] 20179 | 19859 | +12] +16 | 46 | 20.214 | 20.232 | 19.675 | 20,070 +0.7
Electronic and other
electrical equipment... . 18,146 | 18,100 } 17,715 | +03} 422 | +09 | 17,963 | 18,143 | 17,684 | 15,423 | +165
‘Transportation equipment 14748 | 15,235 | 15.497 32] 17] +19] 14.732 | 15351 | 15.666 | 15,065 -22
Instruments and related products gsi | 9.17 95049 03] +14] 32] 9113 | 901 | 91028 | 91142 -03
Lumber, furniture and
miscellaneous durable goods . 11,206 | 11,182 | 11,040 | +402] +13 | -02 | 10.964 | 11,354] 11,426 | 10,720 423
Nondurable goods industries 63,412 | 62,933 | 62,633 | +08] +05] +05 | 63,812 | 63,359 | 63,146 | 61,434 $3.9
Food and kindred products is4a | inasi | ise | +05] -09 | 10 | 11,633 | 11572 | T1810 | 1ns08 | +h
Tobacco products ....... $526 | 448] 4590 | 05] -o9 | #13 | aera | 4/812 | sioos | 4/827 44
Textile mill products: 251 | 2825 | 2854] +09] -10] -11 | 2881 | 21858 | 2853 | 2/883 “0.1
Paper and allied products ° To9s | 7984 | 7874] 40.1 | +14] +15 | 8063 | 801s | 7880] 7807 | 433
Chemicals and allied products 15,985 | 15895 | 15858 | +06] +02] +02 | 15.959] 15,970 | 15,872 ] 15,488 $3.0
Petroleum and coal products 3913 | 3804 | 3.825 | +05] +18] +107] 4012 | 3.851 3.724 | 3.267 | +228
Rubber and plastics produc 757% | 7479 | 7272) +13] +28] +09] 7610] 7564 | 7327 | 6774 | +123
Apparel, printing, and publishing
and leather goods 9.022 | 8827 | 8774] 422] +06] -18 | 9040] 8717] 8675] sso] +18
WORK IN PROCESS
All manufacturing industries 145,393 | 145.561 | 144,988 0.1 | +04 | +04 | 144,472 | 145,701 | 143,053 | 147,292 “19
Durable goods industries. 114,371 114,837 114,331 04 +0.4 +0.6 113,944 115,157 112,590 118,080 35
Stone, clay, and glass products 506 | 11566 Sm { +19] 03 | +04 1678 | 1.641 366 | 40a | 419.5
Primary metals. - 8435 | 8,477 | 8507 05} 04] +22] 8485} 8538] 8515 | 8278 425
Fabricated metal products - | 9101 | 9304 | _9:168 22] +15] +22 | 9063 | 9212 | 8984 | 8977 | +1.0
Industrial machinery and equipment | 20,718 | 21/503 | 21,714 37] -10] +25 | 20373 | 21934 | 21.376 | 21876 69
Electronic and other
electrical equipment 13,830 | 13,834 | 13,921 oo} 06} -12 | 13,657 | 13,841 | 13,623 | 13,731 05
Transportation equipment . 44,926 44,192 43,619 +17 +13 -0.7 45,004 44 1023 43,029 48.669 75
Instruments and related products 9870 | 1011s | 10048 | -24] 407} +18] 9:787 | 10,143 | 9.790 | 9.867 08
Lumber, furniture and
miscellaneous durable goods 5895 | 5846] 5,783 | +08] +11] +14] 5807] 5825 | 5,707 | 5278 | +117
Nondurable goods industries . 31,022 30,724 30,657 +10 +0.2 0.3 30,528 30,544 30,463 29,212 +45
Food and kindred products - 6.453 | 6334 | 6.257 | +19} 412 | 0.1 | “6374 | 6452 | “6577 | “6.000 | +62
Tobacco products 101 121 123 | -165 | -16 00 96 130 132 92] +43
Textile mill products 2,506 | 2,512 | 2,484 02] +h} +13 | 2503 | 2,520} 2491 | 2,509 -02
Paper and allied products || : 1706 | 1.744 | 1.741 22] +02] +13 1721 1,789 1,789 | 1,675 42.7
Chemicals and allied products 8874 | 8.651 | 81647 | +26 00] 26) s672 | sisit | 8389] 8536 | +16
Petroleum and coal products 3386 | 3278 | 3316 | +33] -11 | +23] 3363 | 3198] 3.229 | 2434 | +382
Rubber and plastics products 2231 | 2204 | 2183 | +12] +10] -33 | 2251 | 2229 | 2205 | 2,293 “18
Apparel, printing and publishing
and leather goods . . vos 5,765 | 5,880} 5,906] 20] -o4f +18] 3547] 5,715 | 56st | 5,673 22
FINISHED GOODS
All manufacturing industries 171,422 | 171,422 | 169,977 0.0} +09} +12 | 172,204 | 173,745 | 168,618 | 162,648 459
Durable goods industries 87,945 | 87,585 | 87.127] +04] +405 | +17 | 88,837 | 89,305 | 86.344 | 83,329 +6.6
Stone, clay, and glass products : 5,031 5,059 | 5.094 06} 07] +17] S889] 5244} 5,155 ] 4915 45.6
Primary metals 72.0... 8300 | 8354 | 8344 0.6} +01 | +14] 8373 | 8523 | 8403 | 801 +45
Fabricated metal products". 11708 | 11666 | 11.704 | +04} 03 | +04} 120001 | t1ga0 | 11625 | 11685 42.7
Industrial machinery and equipment 19,587 19,206 19,120 +2.0 +04 +39 19,873 19,847 19,243 18,492 475
Electronic and other
electrical equipment . . 11,870 | 11,989 | 11,976 “0 | +0. 0.0 | 11,778] 12.170 | 11.663 | 10,828 48.8
Transportation equipment : 103318 | 10.413 | 9.955 09 | +46 0.0 | 10.425 | 10657 | 9,662 | 9.717 473
Instruments and related products 8306 | sioo | sigs} 2s} -0] +28] 3150] 8.023 | 718908 | 7444 496
Lumber, furniture and
miscellaneous durable goods . 12,825 | 12,798 | 12,749 | +02] +04] +23 | 13,039 | 13.001 | 12,695 | 12,237 +66
Nondurable goods industries . . 83.477 | 83,837 | 82.850] 04] +12 | +07 | 83,367 | 84440 | 82,274 | 79,319 +5.1
Food and Kindred products | | 21310 | 21349 | 21.178 02] +08] +06 | 20,854 | 21350 | 21/049 | 19.769 $5.5
Tobacco: products 664 622 450 +6.8 +38.2 +0.2 663 807 522 49° 433.4
Textile mill products’: 4867 | 4,826 | 4,793 | +08] 407] 06] 4,864] 4,881 | 4,765 | 4,690 $3.7
Paper and allied products... 6,834 | 6.831 | 6.766 00} +10] +26] 6945 | 6.893 | 6.760 | 6.754 428
Chemicals and allied products 22,928 23,148 23,121 -10 +01 +10 23,296 23,781 23,179 22,146 +52
Petroleum and coal products e141 | “6087 | “Soa | x09] 475 | 420] “S925 | “Sissi | “3'536 | “4:702 | +260
Rubber and plastics products 8119 8,238 8,126 -14 +14 +01 8,372 8,540 8.214 7,900 +6.0
Apparel, printing, and publishing
and leather goods 12614 | 12,736 | 12,752 10} 01 -04 | 12,448 | 12,337 | 12,249 | 12,861 32

Preliminary, * Revised.

See note at end of table ? relatine to survey error and revision


Table 3. VALUE OF MANUFACTURERS’

(Millions of dollars)

UNFILLED ORDERS FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percer
chang:
Mar. Feb. Jan.| Feb] Jan= | Dec.- Mar. Feb. Jan. Mar.} Mar.
2000"} 2000" 2000{ Mar. Feb. Jan 2000"} 2000" 2000 1999] 00/99
All manufacturing industries . . 552,718 | 546,636] 542,619 +11 40.7 +08} 554,068] 550,684] 547,177] 528,200 +49
Manufacturing industries
without defense capital goods . . 458,153} 451,608] 448,274 +14 40.7 +0.9] 457,420] 454,130] 451,159} 429,350 46.5
Durable goods industries 527,110] $20,775] 517,075] 1.2] 40.7] #0.9] 528,882] 525,566] 522,350] 504,906} +47
Stone, clay, and glass products . . 6500] 6,497] 6,514 00] 03] +29] 6610] 6576} 6,569) 6,383) +3.
Primary metals... . 31,603] 31,741] 31.886 “0.4 -05 -O.1} 33,030] 33,011] 32,173] 30,755] +74
Blast furnaces, steel mills. 13,007] — 13,098 13,140 0.7 03 +04 13,780} 13,829 13,332 12,201] +12.6
Iron and steel foundries 4748) 4,737] 4.739] +02 0.0 00] 4,932] 4869] 4.790] 5,309 a
Nonferrous and other primary
metals : 13,848} 13,906} 14,007 “04 -0.7 06} 14318] 14313] 14,051] 13,245] 48.1
Fabricated metal products 25,035} 25,024] 25,158 00) 05 02} 25,143] 25,099] 25,107] 26,179 “46
Industrial machinery and equipment 83,814] 84,096] 82.924] 03] +14] +20] 84,062] 85,321 | 83,843] 77,018] 49.1
Engines and turbines 24,523] 24,622} 24.292] 04] +14] +03] 24,320] 24,867) 24,801] 20,182] +205
Construction, mining and
material handling equipment 8,700] 8,844 8,787 -16|  +0.6| 40.1 9,161 9,230 8.921 9,986 83
Metalworking machinery 7,015 7,193 6,942 2.5 43.6 47.0 7,015 7,193 6,942 6,619 +6.0
Computer and office equipment 8811 8,895 8,725 09/ +19) 0-1 8,567 8,778 8,453 7,944] +78
Electronic and other :
electrical equipment . 94,241] 87,864] 84,795] 473] 43.6 -0.8] 92,629] 88,762] 87.405} 62,668] 47.8
Electrical transmission and
distribution equipment and
industrial apparatus... . 7,089} 7,125] 7,088 05] +05] +03 7,206) 7,263) 7,106] 6,463} 411.5
Electric lighting and
wiring equipment 5,280] 5,381 5,320 19] +h] 45.7] 5,280] 5,381 5,320] 5,177] +2.0
Communications equipment 26.433] 25,815] 25,668] +24] +06] +429] 26.766) 26337] 26,063] 18,042] 448.4
Electronic components. 48,899] 43,495] 40gt1] +124] +66 -39| 46,626] 43,367] 42,708 474.2
Transportation equipment 229,949 | 230,000 | 230,236 0.0 Ol] #12] 231,633] 231,062] 231,543 -6.0
Aircraft, missiles,
space vehicles, and parts. 193,173} 192,433] 193,242] +04] -0.4] —-+1.0] 194,589] 193,129] 194,306] 206,175
Shipbuilding and tanks . 19,849] 20,116] 19.401 13) 437 -11] 19,835} 20,105} 19,313] 20,761
Instruments and related products . . 47,039] 46,868] 47,076} 40.4 04] +14] 47,166] 47,438] 47.618] 47,329
Search and navigation equipment 25,038] 25,223] 25,399 -0.7 07] +03] 25372] 25531] 25,613] 26,578
Measuring and controlling devices 10,461} 10,299] 10,355] +16 05] +22] 10461] 10299] 10,355] 10.451 .
Medical instruments and supplies 10,626 10,431 10,392 +19 +04 +38 10,360 10,655 10,755 9.270] +118
All other durable goods . . . 8,929] 8.685 848o] +28] 423] +04) 8609] 8,297] 8,092 8.239] +4.5
Nondurable goods industries 25,608] 25,861] 25,544 10} #12 -0.5] 25,186} 25,118] 24,827] 23,294] +8.1

’ 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

Mar. Feb. Jan. | Feb | Jan.-} Dec.- Mar. Feb. Jan. Mar. Mar.
2000" | 200°} 2000} Mar.| Feb.| Jan.} 2000"} 2000'! 2000] 1999] 0099 | 2000" 1999

All manufacturing industries + | 383,190] 374,882] 374,967; +22 0.0} -1.2) 402,508] 369,263] 347,838] 367,859 +9.47 1,119,609 }1,033,004
Manufacturing industries
with unfilled orders... . ++ | 219,352) 213,497] 215,504) +27] -0.9]  -2.4} 232,321] 209,382] 200,447] 212,068] 49.6] 642,150] 396,539
without defense capital goods ++ | 377,038] 368,194] 368,155] +2.4] 0.0} -0.7} 395,224) 362,779] 340,391] 358,500] +10.2] 1,098,394 11,010,446
Durable goods industries ....... 217,365] 210,255] 213,982] +3.5| — -1.7] 233,626] 208,416] 198,898] 214,181 +9.1/ 640,940] 595,713
With unfilled orders... 1... 180,131) 174,306] 177,214] +33) -1.6] 2.6 192,714] 170,901] 165.112] 175.229] +100 $28,727} 488,487
Stone, clay, and glass products . . . . 9,128) 8,946] 9,077] +2.0]  -14) +18} 9180] 8.413] 8.075 8,582] +7.0| 25,668] 23,810
Primary metals... v7] 15,886) 15,824) 16,065) 40.4) 1.5] +4.7 16,882] 17,262] 16,385] 15,406] 49.6] 50°29] 439371
Blast furnaces, steel mills .......} 62281 6130] 6254] +16| 20 +61) 6,626 6,899] 6,732] 6,103] +8.6) 20.257] 18,083
Iron and steel foundries... . 1,534) 1,476) 1,624) +3.9) -9.1] +16 1,681] Lois} 1.624] 1,537] +94 4,923 4,596
Nonferrous and other primary
metals... see - 8.124) 8.218) 8.1877 1.1) 40.4) +431 8,575) 8,7451 8,029) 7,766] +10.4] 25,349] 22,692
Fabricated metal products . 20,878) 20.387) 20,627] +24) -1.21  -1.21 21.807] 20.603 19,124] 21,295] +24) 61,534] 61,161
Industrial machinery and equipment 40,666) 41,365] 42,937} -1.7]  -3.7] +10.51 47,170] 40,228] 36.974] 44134] 46.9 124,372] 112,223
Engines and turbines. . 2,590) 3,092) 3,326) -16.2) -7.0) 426.3) 2,462) 2631] 2415] 3,488) 29.4] 71508] 8247
Construction, mining and
material handling equipment... . 3,882) 3,978) 4,010] -2.4) -0.8) 47.3) aso] 4,373} 3.9221 4,535] +06 12,856] 12,546
Metalworking machinery |. . 3,747 3,884) 4.252} -3.5]-8.7] 422.8) 4012] 3,635] 3,425 3.624) +107 11,072 9,946
Computer and office equipment ...| 12,685} 13,086] 12/666 311] +33 48.1) 16,341] 11,750) 9.297) 14,648] +11.6] 37,388] 32,306
Electronic and other
sieetrical equipment... .......] 45,238] 41,056 37.364] +102 +99! -1o.o1 4s.919| 38,024 36,135] 34.282| 133.9 120,078} 99,370
Electrical transmission and
distribution equipment and
industrial apparatus... . . vosss} 4,199) 4,170} 4,159] 40.7) +03] 43. 4,636) 4,363) 3,824] 4,220) +9.9] 12,823] 11,290
Electric lighting and
Wiring equipment... -......| 2,486] 2,584! 2,873] 3.8] -10.11 +701 2.6751 2,576 2,540 2,543] +52] 7,791] 6,929
Communications equipment .....} 10,664] 9.935] 10.527] +73] 5.6] -s7] 12.038] 911301 81057 9,556] +25.9] 29,222] 23,203
Electronic components ...... . 21,431) 18,491) 13,781) +15.9] +34.2] -22.2) 20,040) 16.245] 16,143] 12.273 +633] 52'428] 41747
Transportation equipment .........] 48,534] 46,609] st.438| 44.1] -9.4 <7 53,619] 48'5781 49.609 53,049} +11] 151,806] 150,709
Aircraft, missiles,
space vehicles, and parts. ~- | 10,489} 9,482] 12,815] +10.6] -26.0} -16.5] 11,964] 8,727] 12,855] 12,352] 3.1] 33,546] 37,034
Shipbuilding and tanks . . . 782] 1,761 850 -55.6} 107.2) -62.1 851} 1,817] 651] 2,026] -58.0 3,319 4,224
Instruments and related products 15,323) 14,546] 15,306] +53] -5.0) -3.8/ 16,128] 14.312] 13,839 15,222] +6.0} 44,279) 42,040
Search and navigation equipment 3,004) 2,826) 3,190) +63} -11.4) 7.0) 3,285] 2,933] 21852] 3/513 -6.5 9,070 9,435
Measuring and controlling devices 5.030} 4,649} 4,627) +8.2} 40.5] -5.71 5,487! 4.7051 4.143) 4.498] 422.0] 141335] 12'499
Medical instruments and supplies 4,819) 4,618] 5,037] +4.4) 8.31 -0.1] 4.784] 4,356] 4816] 4/815 -0.6] 13,956] 13,780
All other durable goods... . 21,912) 21,522] 21,168} +18} +1.7] 0.3) 22,921] 20,996] 18-757] 22211] 43.2 62,674} 61,029
Nondurable goods industries .......! 165,625] 164,627 160,985} +0.6] 42.3] -0.2] 168,882] 160,847] 148,940] 153,678| +9.9] 478,669] 437,291
With unfilled orders... ... 39,221] 39,191] 38,290] +0.1) 42.41 -1.2| 39,607] 381481] 35,335] 36.830] +7'5 113,423} 108,052

” Preliminary. ‘ Revised.

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

{0) 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.

apteneleiimates 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. Euctioee
Spiais on survey. design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1@6),
“Manufacturers” Shipments, Inventories, and Orders: 1987-1996,"


Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS

(Millions of dollars)

FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted!

Monthly Percent Change Monthly Percent | Year to date
Industry change
Mar] _Feb.| Jan. | Feb~{ Jan-| Dec-} Mar.} Feb.| Jan. | Mar. | Mar.
2000" | 2000} 2000 | Mar." } Feb] Jan.] 2000°} 2000} 2000} 1999] 00/99 | 2000" | 1999
All manufacturing industries 377,108} 370,865] 370,565] +1.7] +01] +0.7| 399,124] 365,756] 333,352] 369,208] +8.1] 1,098,232]1,017,790
Manufacturing Industries
with unfilled orders 213,270] 209,480] 211,102 +1.8} -0.8]  +1.0] 228,937] 205,875] 185,961] 213,417] +7.3] 620,773] $81,325
without defense capital goods 370,493] 364,860] 364,312) +15] +0.2} +0.8| 391,934] 359,808] 328.283] 362035] +8.3] 1,080,025] 998.369
Durable goods industries 211,230} 206,555] 209,442) 42.3} -1.4)  +1.4] 230,310) 205,200] 184,327] 215,480] +6.9] 619,837] 580,847
With untilled orders... 173,796] 170,606] 172,674] +1.9} -1.2)  +1.4] 189,398] 167.685] 150.541] 176,528] +7.3] $07,624] 473.621
Stone, clay, and glass products 9,125] 8,963] 8,893] +18] +08] 0.1) 9.146] 8.406] 7,743] 8.418] +86] 25,295] 23,498,
Primary metals : 16,024] 15,969} 16,091] +03] -0.8] +2.1) 16.863] 16.424] 15,333) 15,242] +10.6] 48.620] 43.463
Blast furnaces, steel mills 6,319] 6,172] 6,198] +24] -0.4) +17] 6,675] 6.402 6.033) 5,905] +13.0] 19.110] 16,917
Iron and steel foundries... . 1,523] 1,478] 1,624] +3.0] -9.0f +31) 1.618] 1,539] 1,498] 1,655] -22] 4,655] 4,639
Nonferrous and other primary
metals : 8,182] 8,319] 8,269] 1.6] +06 +22] 8,570] 8,483) 7,802] 7,682] +116] 24,855] 21,907
Fabricated metal products 20,867| 20,521] 20,673] +1.7] -0.7} +14] 21,763] 20,611] 18,765] 21.274] +23} 61,139] 60,416
Industrial machinery and equipment. } 40,948] 40,193] 41,311] +19] -2.7] +6.8| 48.429] 38,750] 34.358] 43,579] +111] 121,537] 109,646
Engines and turbines 2,689] 2,762] 3.248] -2.6] -15.0 +268] 3,009] 21565] 2.412/ 2,605] +155] 7.986] 6,790
Farm and garden machinery. . 2,107] 1.933} 1.892} +9.0) +2.2) +20) 3.048) 2.294) 1.733] 2.757] +106] 7,075] 6,765
Construction, mining and
material handling equipment 4,026] 3,921] 3,998] +27] -1.9] +44) 4,630] 4,064] 3,580] 4.17] 40.3] 12,274] 12,193
Metalworking machinery 3,925] 3,633] 3.800] +80] -4.4) +19] 4.190] 3,384] 2.973] 3.696] 413.4] 10.547] 9,773
Computer and oftice equipment 12,769} 12,916] 12,767] -1.1) +12) #13.3} 16,552] 11.425] 9,525] 14.472) +144} 37,502] 32,303
Electronic and other
electrical equipment - 38,861) 37,987] 38,035] +23] -0.1]  +4.8) 42,052] 36,667] 32,417] 35,501] +185] 111,136] 94,508
Electrical transmission and
distribution equipment and
industrial apparatus 4,235] 4,133] 4,139] +25] 0.1] +42} 4,693} 4.206} 3,614] 4,156] 412.9} 12,513] 11,008
Household appliances 2,523) 2,486] 2,474) +1.5] 40.5] +44) 2,804) 2.452] 2.019] 21573] $9.0} 7,275] 6,744
Electric lighting and
wiring equipment . . 2,587] 2,523] 2,585] +25) 2.4] -2.4) 2,776 2,515{ 2,252) 2,522) +101] 7,543] 6,774
Household audio and
video equipment 1,205] 1,143) 1118] #5.4] 42.2) 413.2) 1,193] 1,040} 962] oat +204) 3,195] 2,873
Communications equipment 10,046] 9,788] 9814] +26 -0.3] +11.3] 11,606] 8.856] _7,617| 9,208] +26.0] 28,079] 22,218
Electronic components 16,027| 15,807] 15,456] +14] +23) +19) 16.781] 15.586] 13,909] 13.759] +22.0] 46,276] 38,637
‘Transportation equipment 48,585| 46,845] 48,663) +3.7] -3.7]  -2.9] 53,048] 49,059] 44.448] 53.786] 1.4] 146,555] 146,958
Motor vehicles and parts 34,585] 33,026] 34.317] +4.7]  -3.8) +041 38.033} 35.689} 32.552] 36.601] +3.9] 106.274] 102.333
Aircraft, missiles,
space Vehicles, and parts. 9,749] 10,291] 10,989} 5.3} 6.4) -6.8} 10,504} 9,904] 9,057] 13,063] -19.6] 29,465] 34,867
Shipbuilding and tanks... . 1,049] 1,046] L069] 0.3) -2.2) +172} 1.121] 1025] “866 120| +01] 3.012] 2,785
Instruments and related products 15,152] 14,754] 14,645] +2.7| +0.7] -3.5] 16,400} 14,492] 12,717] 15,738] +4.2| 43,609] 41,896
Search and navigation equipment 3,189] 3,002] 3,117] +62) -3.7] 23) 3.444] 3,015] 2,659] 3.420] +0.7] 9.118} 9.285
Measuring and controlling devices 4,868] 4,705] 4,404] +35] +68) -5.3) 5.325] 4.761] 3.920] 44st] +19.6] 14,006] 12.233,
Medical instruments and supplies 4,624) 4,579] 4.661] +10] 1.8] -3.4) 5,079] 4.456] 4,096] 5.461] 7.0] 13,631] 14,096
Photographic goods . . 1,969] 1.974 1.973] -0.3) 40.11 -.9} 2.027] 1,789} 1,614] 1,903] +65] 5.430] 4,893
All other durable goods 21,668] 21,323) 21,131] +16] +09} -0.1] 22,609} 20,791] 18,546] 21,942) +3.0] 61,946] 60,462
Nondurable goods industries . 165,878] 164,310] 161,123] +1.0] +2.01 0.2] 168,814] 160,556} 149,025] 153,728]  +9.8] 478,395] 436.943
With unfilled orders : 39,474] 38,874] 38,428] +15] +1.2}  -L.1] 39,539] 38,190] 35,420] 36,8891 +7.2] 113,149] 107.704
Food and kindred products . . 42,207] 42,051] 41.598] +0.4] 41.1) -L.a} 42,965] 40,883] 38,906] 42543] +1.0] 122,754] 121,699
Meat products : 9,569] 9,605] 9,230} -0.4] +4.) -2.1] 91523] 9.459] 8.632] 8,590] +10.9} 27.614] 24,996
Dairy products 6.246] 6,116] 6012] +21] +17] 5.1] 6490] 5.927) 5.836] 6.911] 6.1] 18.253] 19,827
Beverages 6.652] 6,598} 6,577] +08] 40.3) 43.2] 6,593] 5.967] 5.727] 6.183] +66] 18.287] 17,237
All other foods, except fats and oils | 17,884] 17.907] 18,044] -0.1] -0.8|--07} 181503] 17.705] 16.976] 18.907] -2.1] 3.184] 33,802
Tobacco products . 4,398 4,306] 4310) 42.1 0.1 -0.3) 4,781 4,225) 4,100) 4491 +65 13,106 12,380
Textile mill products... 2... 6518] 65981 6,462) 1.2] 42.1] -23} 6.884] 6.427] 5,592] 6.734] +2.2) 18.903] 18,771
Broadwoven fabrics and
other textiles . 3,646] 3,672) 3,538] -0.7] 43.8] -3.1) 4,026] 3,651] 3,156] 3,966] +15] 10,833] 11,127
Paper and allied products. . 14,752] 14,309] 14,168] 43.1] +10) -1.4) 14,887] 14,438] 13,650] 13,495] +103] 42,975] 40.175
Pulp, paper, and
paperboard mill products 5.812] 5,816] 5,731] -0.1] +15] +0.6f 5,846] 5,943] 5,545] 5,159] +13.3] 17.334] 15,407
Paperboard containers and boxes . 3,984] 3,844] 3,782] +3.6] +161 42.0 4,062] 3,852] 3.671] 3.299] +23.1] 11,585] 9,960
Miscellaneous converted
paper products . 4,956] 4,649] 4,658] +66] -0.1] -6.4] 4,979! 4,643] 4,434] 5,037] 1.2] 14,056] 14,808
Chemicals and allied products 36.491] 36,579] 35,658] -0.2] +26 +0.1] 38,395| 35,858] 33.656] 35.471] +82] 107,909] 98,857
Industrial chemicals 16,220] 16,027] 15,903) +12 +0.8] -1.0} 16,728] 16,219] 15,223) 15,120] +10.6 48,170 44,162
Drugs, soaps, and toiletries 16,090] 16,496] 15,809) 2.5 +43) +1.6] 16,806] 15,646} 14,997) 15,721 +6.9 47,449 43,062
Petroleum and coal products . . 19.817] 19,433] 18,308] +20] +6.1] +5.1] 18,578] 17,825] 16.231] 11,434) +62.5] 52,634] 31,390
Rubber and plastics products 14,622] 14,441] 14304] +13 +4.0f -0.7] 15.473] 14,704] 13,243] 14,404] +74] 43.420] 40,518
All other nondurable goods 27.073] 26.593] 26315] +18) 41.1] -0.5f 26,851] 26,196] 23.647) 25,156] +6.7] 76,694 73,153

¥ Preliminary. "Revised

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