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

Seasonally adjusted Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
July June May| June-| May-| — Apr.- July June May July| July
1993” 1993" 1993] July} June} May 1993" 1993" 1993 1992] 93/92
All manufacturing industries . . . 381,390] 381,326] 381,591 0.0 0.1] +03] 381,244] 379,758] 383,932] 383,515 -0.6
Manufacturing industries
with unfilled orders 251,897] 251,446] 251,705] +0.2 0.1] +04] 253,406] 251,621] 254,302] 259,261 23
without defense capital goods . 353,327] 352,881] 352,921] +01 0.0] +03] 352,789] 350,982] 354,937] 350,221] +0.7
Durable goods industries... .. . 237,808 | 237,514] 237,734] -+0.1 0.1] +03} 238,163] 236,961 | 239,823 243,457
With unfilled orders : 218,630] 218,182] 218,427] +0.2 -O.1] +04} 219,567] 218,042] 220,543] 225,417
Stone, clay, and glass products 7718 7,687 7724, +04 0.5 04) 7,749) 7,717 7.878 7,878
Primary metals . . seveeee | 19181] 19,151] 19,206] +02 03] +04] 19,222] 19,059] 19,250] 19,860
Blast furnaces, steel mills. 9,495 9,431 9,444 +0.7 0.1 40.4 9,504 9,237 9,352 9,964
Iron and stecl foundries ........ 1,376 1,374 1,389] +0.1 li} +04 1,350 1393 1,425 1370
Nonferrous and other primary
metals secees 8310] 8,346] 8,373 -04 03] +05] 8368] 8,429) 8,473 8,526 -19
Fabricated metal products... 23,098| 23,026] 23,128] +0.3 -0.4 0.0} 23,180] 23,267] 23,418] 23,970 33
Industrial machinery and equipme! 45,052} 45,103] 44,805 01] 40.7] +01] 45,028] 44,624] 45,262] 46,064 2.2
Engines and turbines... . : 3/563 3,538] 3,552] +07 -0.4 03} 3,621 3,524] 3,615 3480, +4.1
Farm and garden machinery .. . . 2ii9{ 211s} = 2098] 40.2] 40.8 44 1,990] 2,033 2,072] 2,199 95
Construction, mining and
material handling equipment 5,804 5,863 5,863 -1.0 0.0 -0.6 5,758 5,902 5,928 5,970
Metalworking machinery ....... 3,175 5.238 5,171 12] +13 02] 5,222] 5,183 5,199] 5,542 .
Computer and office equipment . 10,354] 10345] 10,130) +01] +21] +23] 10,468] 9,958] 10319] 10,385] +08
Electronic and other
electrical equipment .......... 32,988 | 32,611 32,621 +12 0.0 +11 33,388] 32,897] 33,335] 31,724 $5.2
Electrical transmission and
distribution equipment and
industrial apparatus ........... 4,383 4371 4,380 +03 02 03 4,416 4,390 4,459 4,588
Household appliances .......... 2,528 2,561 2,614 “13 20) +06) 2,520} 2,680} 2,831 2,523
Electric lighting and .
wiring equipment bees 2,910] 2,872] 2860] +13] +04 0.1 2,977] 2,953] 2,937] 3,013 “12
Household audio and
video equipment . . . . sees 1,160 1,145, 1,097] +13] +44] +44 1,217 1,191 1,105 1,210
Communications equipment... . 8562] 8307] 8292] +31] +02] +422 8,638 8,289 8,470 7,213
Electronic components sees 10,035 9.954] 10,007} +0.8 05} +11] 10,186] 9,968} 10,079] 9,689
Transportation equipment ......... ] 65,204] 65,267] 65,642 “0.1 06} +03] 64,759] 64,547] 65,573] 69,518
Motor vehicles and parts ........ 11,380] 11,511] 11,478 11} +03] +06] 10,935} 10,954] 11,089] 11,445
Aircraft, missiles,
space vehicles, and parts. ...... 49,424 49,326 49,809 40.2 10 +03 49,394 49,154 50,138 53,667
Shipbuilding and tanks ....... 1,842 1,878 1,815 -19] 435] +04 1,910 1919 1,822} 2,049
Instruments and related products . . 22,596 | 22,750] 22,776 07 0.1 0.5] 22,799) 22,882] 23,071 | 23,871
Search and navigation equipment . 5,865 6,007] 6,064 24 09}  -14] 5,984 6,043] 6,126 7,444
Measuring and controlling devices 6.606} 6,616] 6,607 02) +01 08] 6,639 6,634] 6,677] 6,677
Medical instruments and supplies . 6,353 6,348 6,346 40.1 0.0 +02 6,347 6,345 6,418 6,248
Photographic goods . . . . : 2,976| 2,993] 2,978 06} +05} 40.1 3,021 3,048] 3,044] 2,764
All other durable goods be eenes 21,971 21,919] 21,832 +0.2 +04 +0.7] 22,038] 21,968] 22,036] — 20,572 +71
Nondurable goods industries... . . 143,582] 143,812] 143,857 -0.2 0.0] +04} 143,081] 142,797] 144,109} 140,058] 42.2
With unfilled orders ........... | 33,267] 33,264] 33,278 0.0 0.0| +04] 33,839] 33,579] 33,759] 33,844 0.0
Food and kindred products . | 30,200] 30,277] 30,177 03] +03} +03] 29,287] 28.814] 28.927] 28,867) +15
Meat products 3175 3102) 3,087] +24] 40.5] 409] = 3,178] 3,095] 3,130 2,795 | +13.7
Dairy products beeen 2,801 2,825 2,887 08 21 +4.5 2,919 2,927 2,959 2,894 +0.9
Beverages 5,320] $5,329 5,344 0.2 03} +02] 5,251 5311 5,341 5,291 08
All other foods, except f fats and oils 17,335] 17,530] 17,425 “L1] +06 0.1] 16,486] 16,061} 16,100] 16,543 03
Tobacco products . . 6741 6810] 6,732 10} +12] 42.7] 6357 6418] 6,528 6222] +22
Textile mill products... 9,205 9,239} 9,308 0.4 07] +031 9,400] 9,339] 9,622 9183] +24
Broadwoven fabrics and
other textiles .......... 5,216] 5,287 5,377 “13 17) +04 5,289 5,291 5,504 5,417 24
Paper and allied products... . 13,553] 13,504] 13,513] +0.4 O01} +01} 13,534] 13,560] 13,768} 13,585 04
Pulp, paper, anc
paperboard mill products : 5,703 5,651 5,620] +09} +06) +02] 5,680 5,661 3,735 3,657] +04
Paperboard containers and boxes 3,220] 3,242] 3,239 0.7] +0.1 00} 3,233] = 3,240] 3,241 3,307 2.2
Miscellaneous converted
paper products : 4,630] 4,611 4654] +04] 09] +02) 4,621 4,659} 4,792 4,621 0.0
Chemicals and allied products... . 34,768] 34,913] 35,053 04 0.4 +05] 34,585] 34,709] + 35,239 | 33,990 +18
Industrial chemicals ......... 17,011] 17,096 | 17,208 05 07] 401] 16994] 17,041] 17,218] 17,247 “15
Drugs, soaps, and toiletries . . . 13,429] 13,465] 13,462 -03 oo] +14) 13,510] 13,597] 13,736] 12,779] +57
Petroleum and coal products .. . . 11,223 11,389 11,619 “1S -2.0 21 11,228 11,448 11,748 12,123 74
Rubber and plastics products 12,190] 12,130} 12087] +05] 40.4] = +1.2] 12,068] 12,044] 12,197] 11,223] -+7.5
All other nondurable goods eee 25,702] 25,550] 25,368 +06 40.7 40.8] 26,622] 26,465] 26,080] 24,865 47.1

? Preliminary. ‘ Revised.


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

300 300

New Orders

280 +] 280

260 -----------------------------22--- 260

240

220P---------------------------------------- 4 220

200 1 1 i L 1 1. 1 1 1 1. n 1 L 200
Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul

July 1991 - July 1993

Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

/S Ratios UO/S Ratios
2.5 4.5
2.4 uvors 4.4
2.3 vs 4.3
2.2 —==11 4.2
2.1 4.1
2 4
1.9 3.9
1.8 3.8
1.7 3.7

1.6
1.5
1.4
1.3
1.2

Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul
July 1991 - July 1993
Note: All Charts based on seasonally
adjusted current dollars.


y 7
Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES
FOR TOPICAL SERIES'
(Millions of dollars)
Seasonally adjusted ‘Not seasonally adjusted
Industry Monthly Percent Change Monthly Percent
change
July June May | June- | May- } Apr July June May July | July
1993” 1993" 1993 | July | June | May | 1993" 1993" 1993 1992 | 93/92
UNFILLED ORDERS
All manufacturing industries 457,949 | 459,309 | 462,146 03] -06| -12 | 459,046 | 459,344 | 464,950 | 492,276 68
Market categories :
Automotive equipment ......... 1,744 1,695 1672 | +29 43.7 1,758 1,657 1,696 1,699 43.5
Home goods and apparel 10,418 | 10,385 | 10,265 +03 -1.2 | 11,184 | 10,833 | 10,698 | 10,146 | +102
Consumer staples . . . 1438 1,456 1,479 “12 45.1 1458 | 1,422 1,372 1369 +65
Machinery and equipment 187,193 | 188,322 | 187,714 0.6 -12 | 187,133 | 188,333 | 188,226 | 209,015 | -10.5
Business supplies . . 3,401 5,556 | 5,650 28 08 | 5,476 | 5,577 | 5,651 5,982 8.5
Construction materials
and supplies ..... 14,603 14,661 15,029 04 40.4 14,794 14,751 15,179 14,572 +15
Defense products . . 116,903 | 117,489 | 119,233 05 -1.6 | 115,890 | 116,774 | 119,295 | 125,976 8.0
Other materials, supplies and
and intermediate products . 120,249 | 119,745 | 121,104 | +04] -1t -12 | 121,353 | 119,997 | 122,833 | 123,517 18
Durable goods industries :
Nondefense capital goods ° 205,002 | 206,638 | 206,178 08 40.2 204,634 | 206,325 | 206,395 | 229,157 10.7
Excluding aircraft and parts 71,799 | 71,643 | 71,378 40.2 40.4 71,431 71,330 | 71,595 71,965 -0.7
Defense capital goods ‘ ++ | 123,213 | 123,795 | 125,601 05 | -14 122,336 | 123,184 | 125,813 | 133,552 84
Durables excluding capital goods 107,131 | 105,938 | 107382} +11} -13 108,908 | 106,612 } 109,524 | 106,149 426
Miscellaneous series
Producers’ durable equipment 211,493 | 211,788 | 210,891 01] +04 211,898 | 211,490 | 211,792 | 231,197 83
Household durable goods . . . 5,405 5,311 5,329 +18 03 5,861 512, 5,655 5,627: +42
Information technology industries . | 31,629 | 31,797 | 31,691 05} +03 31,710 | 31,951 | 31,932 | 31,231 +15
Health care equipment
and products. . 8,117 | 8,061 g319 | +07] 31] +16] 8118 | 8,062] 8319 | 7,710 +53
‘TOTAL INVENTORIES
All manufacturing industries 381,390 | 381,326 | 381,591 00] -01 | +03 | 381,244 | 379,758 | 383,932 | 383,515 -0.6
Market categories :
Automotive equipment ... . . 6115 | 6,206 | 6,204 “15 0.0 00 | 5,886 | 5,999 | 6,121 5,944 -1.0
Home goods and apparel 30,390 | 30,176 | 29,985 | +07] +06 | +10 | 31241 | 31,298 | 31,232 | 28,787 +85
Consumer staples . 59,221 | 59,557 ] 59,598 06] 01 | +07 | 58199 | 58103 | 58,659 | 57,459 +13
Machinery and equipment . 88,693 | 88,398 | 88,354] +03 00 | +03 | 88,387 | 87,654 | 89,281 | 88,319 40.1
Business supplies 21,465 | 21,520 | 21,682 03 | 07] +04] 21,611 | 21,507 | 21,756 | 22,045 -2.0
Construction materials
and supplies 23,474 | 23,415 | 23,300 | +03] +05 | -02 | 23,634 | 23,630 | 23,648 | 22,962 429
Defense produc 26,545 | 26,886 | 27,186 3] -L1 | +09 | 26893 | 27,119 | 27,498 | 30,879 |  -129
Other materials, supplies and
and intermediate products . 125,487 | 125,168 | 125,282 | +03] -0.1 | +01 | 125,393 | 124,448 | 125,737 | 127,120 “14
Durable goods industries :
Nondefense capital goods * 83,782 | 83,217 83,152 40.7 +0.1 +0.3 | 83,799 | 82,469 | 84,065 84,167 0.4
Excluding aircraft and parts 55.425 | 55.284 | 54892 | +03] +07] +06] 55,770 | 55,049 | 55,773 | 55,615 +03
Defense capital goods‘ ....... 28,063 | 28,445 | 28,670 -13| -08 | +06 | 28455 | 28.776 | 28,995 | 33,294 | -14.5
Durables excluding capital goods 125,963 | 125,852 } 125,912 +0.1 0.0 +0.2 | 125,909 | 125,716 | 126,763 | 125,996 0.1
Miscellaneous series :
Producers’ durable equipment 142,236 | 142,308 } 142,303 -0.1 0.0 | +04 | 141,916 | 141,590 | 143,661 | 142,952 0.7
Household durable goods 13,456 | 13384] 13358] 405} +02] +17 | 13,725 | 13,697 | 13,767 | 13,202 +4.0
Information technology industries 29,471 29,340 | 29,055 +0.4 +1.0 +12 | 29,771 29,017 | 29,581 28,548 +43
Health care equipment
and products... 13,643 | 13,657 | 13,655 0.1 00 | +08] 13,680 | 13,723 | 13,873 | 13,187 43.7

See footnotes at end of table 5


Table 5. VALUE OF MANUFACTURERS’ SHIPMENTS AND NEW ORDERS
FOR TOPICAL SERIES'
(Millions of dollars)

Seasonally adjusted ‘Not seasonally adjusted ?
Monthly Percent Change Monthly Percent ‘Year to date
Industry change
July} June} May | June-| May-| Apr-|  July| June | May} = July| July
1993" 1993" 1993] July} June} May} 1993? 1993" 1993 1992 | 93/92 1993" 1992
SHIPMENTS
All manufacturing industries... 251,513] 258,299] 254,007} -2.6{ +1.7] -0.4) 230,479] 278,186] 256,332] 226,503 +1.8] 1,767,389 |1,673,609

Market categories :
Automotive equipment .. . . 10,370} 11,653) 11,470] -11.0) +16) -2. 7,533) 12,822] 12,809} 7,184) +49 81,698] 68,030
4|

Home goods and apparel -. +1 17,159] 17,588] 17,476] +0. +1.81 16,309] 18,437] 16,209] 15,210] +7.2{ 117,071] 104,143
Consumer staples -| 57,637] 57,318] 55,941 +25] 1.81 $5,108] 60,200] 55,987] 53,801] +2.4] 391,116] 377,334
Machinery and equipment .......| 41,402] 43,926] 42,981 +22) +06) 35,477] 49,839] 43,429] 34,358] +3.3] 296,998] 272,124
Business supplies .......... 19,526] 19,636] 19,539] +0.5) +0.2) 18,456] 20,229] 19,496] 18,601]  -0.8] 134,899] 131,859
Construction materials

and supplies ........ --] 15,880] 16,382] 16,399} -3.1] 0.1) +0.8/ 15,473] 18,131] 16,906] 15,025] +3.0] 112,723] 104,684
Defense products ........... 7,861] 7,870] 7,551) -0.1] +42) -19) 7,036] 8,334) 7,375] 7,272] = 3.2) 52,192] $5,273
Other materials, supplies and

and intermediate products ......] 81,678] 83,926] 82,650] | -2.7| +1.5] -0.6] 75,087] 90,194] 84,121] | 75,052| 0.0] 580,692] $60,162

Durable goods industries :

Nondefense capital goods’ ...... 31,823} 33,390) 32,703) -4.7) +2.1] +1.5} 27,855] 38,768} 31,782] 27,467] +14) 223,718] 211,460

Excluding aircraft and parts . 27,552] 27,312] 27,083) +0.9} +08] +1.4) 24,188} 31,576} 26,319) 22,296) +8.5] 185,966] 168,084
Defense capital goods‘ ........ 7,638) 7,594} 7,388) +0.6) +2.8) -1.6) 6,719) 8,069) 7,189) 7,034) 45 50,381} 54,224
Durables excluding capital goods 89,701] 94,058} 92,216) -4.6) +2.0) -0.9] 78,170} 101,925] 95,926] 75,478 43.6] 646,785} 590,989

Miscellaneous series :
Producers’ durable equipment .

80,946] 85,476] 84,087) -5.3) +1.7) -0.2) 67,814) 95,388] 86,279) 65,599 +3.4) 584,565} 531,422
Household durable goods . . 3}

7,383: 7,404} 7,211 +2. +07} 6,449] 7,653 6,888] 6,075 +62 49,064] 45,744

Information technology industries | 15,303] 14,878] 14,702] 42.9] +12) +12} 12,937] 17,852] 13,826] 11,934] +8.4] 99,432] 91,541
Health care equipment
and products beens 8,116] 8,352] 7,804) -2.8] +7. -2.9} 7,600) 8,901] 7,407] 7,444 42.1] 55,985) 54,009
NEW ORDERS
All manufacturing industries 250,153] 255,462] 248,335] -2.1] | +29] -1.6 230,181] 272,580] 250,090} 222,066] +3.7] 1,754,249 ]1,658,118

Market categories :

Automotive equipment .... . 10,419] 11,677} 11,529) +13) -1.3) 7,634) 12,783} 12,866) 7,201 +6.0 81,871] 68,059

Home goods and apparel... . 17,191] 17,709] 17355] 42.0] +14) 16,660] 18,571] 16,188] 15,554] +7.1] 119,664] 106,053
Consumer staples .............| $7,619] 57,294] 56,014] 4231-1. 55,144] 60,250} 55,980] 53,895] +23) 391,135] 377,362
Machinery and equipment .......| 40,273] 44/534] 40,618] 49.6) -0.41 34.2771 49,946] 41,347] 32,247] +6.3] 286,626] 266,753
Business supplies .............{ 19,371] 19,541] 19,496} +02) +0.41 18,354] 20,155] 19,479] 18,684] -1.8] 134,686] 132,009
Construction materials

and supplies ..............-{ 15,823 16,014] 16,497] -1.21 -2.7] +13) 15,516] 17,703] 17,032] 14,707] +5.5] 113,190] 104,984
Defense products. . cecseee] 7274] 6127] 5,647] 418.7] 48.5] -21.6) 6,153] 5,813] 4,521] 4,702] +309] 44,747) 43,756
Other materials, supplies an

and intermediate products ......| 82,183] 82,566] 81,219] -0.5] +1.7]  -2.1] 76,443) 87,359] 82,677] 75,076] +1.8] 582,330) 559,142
Durable goods industries :
Nondefense capital goods’ ......| 30,187] 33,850] 29,931] -10.8] +13.1] 1.7} 26,164] 38,698| 29,221] 25,010] +4.6| 211,168] 204,885
Excluding aircraft and parts ....| 27,708] 27,577|  26,755| +05] +3.1] -2.5} 24,289] 31.311] 26,202) 21,747] +11.7] 187,137 167,146
Defense capital goods ‘ . . -| 7,056] 5,788] 5,434] +219} +65] -20.7] 5,871] 5,440] 4,297] 4,389) +33.8) 42,937] 42,327
Durables excluding capital goods .| 90,894] 92,614] 91,418] -19] +13] 1.2] 80,466] 99,013] 95,234] 75,732] +6.3] 652,532] 592,929
Miscellaneous series :
Producers’ durable equipment . 80,651] 86,373] 81,719] -6.6] +5.7| 0.6 68,222] 95,086] 84,116] 63,221] _+7.9] 578,089] 525,993
Household durable goods 7,477] 7,386] 7,148] +1.2| +33) -0.9} 6,798] 7,510] 6,733] 6,295] +8.0| $0,499] 46,965
Information technology industries .| 15,135 14,984] 14,813] +1.0] +12) 2.5) 12,696] 17,871] 14,345] 11,707] +84} 100,026] 90,004
Health care equipment
and products ............. 8171] 8,094] 7,931] +10] +211 +04) 7,656] 8,643] 7,534] 7,491] +221 55,651] 53,461

” Preliminary. ‘ Revised.

' 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 : ordnance and accessories; steam, gas and hydraulic turbines; internal combustion engines; construction, mining, and material
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and service

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

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


9
Table 8. RATIOS OF MANUFACTURES’ INVENTORIES TO SHIPMENTS AND
UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP
(Based on seasonally adjusted data)
Inventory / Shipments ratio Unfilled Orders / Shipments ratio’

Industry July June May Apr. July June May Apr.

1993" 1993" 1993 1993, 1993? 1993" 1993 1993

All manufacturing industries . 152 1.48 1.50 149 341 3.33 3.42 3.46

Durable goods industries .........- 1.84 1.76 1.80 179 416 4.02 4.15 4.20

Stone, clay, and glass products . 135 133 135 133 136 134 141 136

Primary metals -... . feces 172 1.65 172 1.68 2.02 195 2.07 2.05

Fabricated metal products... : 1.68 1.62 1.64 1.66 171 1.65 171 174

Industrial machinery and equipment 191 1.94 1.93 1.95 229 232 2:33 2.38
Electronic and other

electrical equipment... . . . woe 173 1.67 1.73 13 2.29 2.18 224 2.30

Transportation equipment ......... 2 1.84 192 1.86 13.85 12.18 12.84 12.36

Instruments and related products 2:13 2.10 2.16 | - 218 5.07 498 521 5.30

Nondurable goods industries ....... 117 117 118 117 0.76 0.78 0.78 0.79

Food and kindred products ..... .. 0.88 0.88 0.90 0.88 ®) (ea) (e9) rea)

Tobacco products ...... sees 2.08 2.45 2.61 2.46 (X) (xX) () &

Textile mill products... 2... 1.56 158 1.59 1.60 (NA) (NA) (NA) (NA)

Paper and allied products . . a 125 126 124 126 (NA) (NA) (NA) (NA)

Chemicals and allied products. . 133 131 1.36 134 &) &) & &

Petroleum and coal products... ... 091 0.90 089 091 & &) ® &®)

Rubber and plastics products... . 148 141 1.40 1.40 &) &) &) (o0)

? Preliminary. ‘ Revised. (X) Not applicable. (NA) Not available.

" Excludes the following industries with no unfilled orders : Wood and lumber products; glass containers; metal cans, barrels and drums; farm and garden machinery;
motor vehicle assembly operations: other transportation equipment; foods and related products; tobacco; 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
July July July July
July? | 1992- July? | 1992- July? | 1992 July? | 1992-
July! | 1988-] June | July! | 1988- | June | July! | 1988- | June | July! | 1988.) June
1993 | 1992] 1993] 1993] 1992} 1993] 1993] 1992] 1993] 1993 | 1992 | __1993
All manufacturing industries ...... es) 0.1 02 (xX) Ol 02 (X%) 01 01 (xX) 01 0.0
Durable goods industries .........- 02 02 03 07 03 03 0.2 0.0 ol (X) 02 0.1
Stone, clay, and glass products ... . . &® 06 05 (e9) 1 09 ) 06 04 & 02 02
Primary metals seeeees 0.0 04 03 0.0 05 09 01 02 03 (X) 02 0.1
Fabricated metal products... .. . - (X) 03 03 & 05 07 fe) ol 04 &® 02 02
Industrial machinery and equipment .| 0.6 04 0s 03 0.6 05 Ol 03 01 &) o1 O14
Electronic and other
electrical equipment ..........-) 0.2 02 04 2.7 06 0s 07 02 O1 (x) 01 0.1
Transportation equipment sees 0.0 03 0.7 14 03 10 0.2 0.1 01 (Xx) 0.7 0.1
Instruments and related products .. . . (es) 04 04 es) 07 1.0 (Xx) 0.2 0.1 (X) 03 0.2
Nondurable goods industries ..... . xX) 0.2 01 () 02 0.1 (x 0.5 04 (xX) 0.2 O41
Food and kindred products 8 0.2 0.1 8 x) e9) my (xX) ie.9) (X) 03 01
Tobacco products ...........- (x) 03 03 & X (X) (x) (e9) (x) (x) 02 0.1
Textile mill products... . . sees (x) 08 04 (X) (NA) (NA) (X) (NA) (NA) (xX) 03 0.2
Paper and allied products . . . . (x) 03 03 (xX) | QNA) | (NA) (X) | (NA) | (NA) (X) 0.6 0.2
Chemicals and allied products : 04 02 (X) (xX) (X) (X) (xX) (xX) (xX) 0.2 02
Petroleum and coal products ..... (xX) 03 03 (X) (X) (X) (xX) (X) (Xx) (Xx) 0.2 0.2
Rubber and plastics products ..... - ®) 07 03 (Xx) (x) (X) (xX) (Xx) (X) (x) 03 02
Capital goods industries :
Nondefense . : vo 0.1 04 05 0.0 04 06 0.0 0. O1 &) 06 01
Defense ......- vere’ 03 04 06 87 04 1s 05 00 01 fe) 02 02

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

Note; The five 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 ale the simple 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 precent change and the percent change as shown in this publication.
2 Average for this month for the last five years.


CURRENT INDUSTRIAL REPORTS

io
Vey

Paras F

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

Manufacturers’ Shipments,
Inventories, and Orders

July 1993
103)

For Wire Transmissions 10:00 a.m. E.D.T. September 2, 1993

Steve Andrews or Kathy Menth
(301) 763-2502 or (301)763-2575

Summary

New orders for manufactured goods in July decreased
$5.3 billion or 2.1 percent to $250.2 billion, the Department
of Commerce, Bureau of the Census reported today. This
follows a 2.9 percent increase in June and is the fourth
decline in the fast five months. Year-to-date new orders for
1993 totaled $1,770.2 billion, 5.8 percent above the same
period a year ago.

Shipments decreased $6.8 billion or 2.6 percent to
$251.5 billion, the largest decline since December 1991. This
follows a 1.7 percent increase in June and is the third
decline in the last four months. Year-to-date shipments for
1993 totaled $1,787.6 billion, 5.6 percent above the same
period a year ago.

Unfilled orders decreased $1.4 billion or 0.3 percent to
$457.9 billion, the lowest level since September 1988. This
is the fifth consecutive monthly decline and the twentieth in
the last twenty-three months. The unfilled orders-to-
shipments ratio increased from 3.33 in June to 3.41 in July.

Inventories increased $0.1 billion to $381.4 billion, the
fifth increase in the last six months. The inventories-to-
shipments ratio increased from 1.48 in June to 1.52 in July.

New Orders

New orders for manufactured durable goods in July
decreased a revised $4.1 billion or 3.1 percent to $128.1
billion. This follows a 4.3 percent increase in June and is
the fourth decline in the last five months.

Transportation equipment had the largest decrease,
down $5.8 billion or 16.7 percent to $29.1 billion, as declines
in aircraft and parts, motor vehicles and parts, and railroad
equipment more than offset an increase in shipbuilding and
tanks. This follows a 14.5 percent increase in June and is
the largest decrease since November 1990. Excluding
transportation equipment, new orders increased $1.7 billion
or 1.8 percent. Industrial machinery and equipment had the
largest increase, up $1.0 billion or 4.2 percent to $23.9
billion, with nearly bait the increase in computer and office
cquipment. Instruments and related products increased $0.6
billion or 6.4 percent to $10.4 billion, primarily due to search
and navigation equipment.

New orders for nondurable goods decreased $1.2
billion or 1.0 percent to $122.0 billion, following a 1.4
ercent increase in June. This is the third decline in the last
four months. The largest decreases were in chemicals and
allicd products and rubber and plastics products. Tobacco
products had the largest increase.

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

Shipments

Shipments of durable goods in July decreased $5.9
billion or 4.4 percent to $129.2 billion, the largest decline
since December 1991. This follows a 2.1 percent increase in
June, and is the third decline in the last four months.
Transportation equipment had the largest decrease, down
$4.5 billion or 12.8 percent to $30.9 billion, primarily due to
motor vehicles and parts and aircraft and parts. Prima:
metals and fabricated metal products each decreased $0.
billion. Industrial machinery and equipment had the largest
increase, up $0.4 billion or 1.7 percent to $23.6 billion, due
to computer and office equipment.

Shipments of nondurable goods decreased $0.9 billion
or 0.7 percent to $122.4 billion, following a 1.3 percent
increase in June. This is the third decline in the last four
months. The largest decrease was in chemicals and allied

roducts, down $0.6 billion or 2.3 percent to $26.1 billion.
‘he largest increase was in tobacco products, up $0.5 billion
or 16.7 percent to $3.2 billion.

Unfilled Orders

Unfilled orders for durable goods in July decreased
$1.0 billion or 0.2 ‘percent to $4353 billion, the lowest level
since August 1988. This is the fifth consecutive monthly
decline. All major groups declined except electronic and
other electrical equipment, industrial machinery and
equipment, and stone, clay, and glass products.
Transportation equipment had the largest decrease, down
$1.8 billion or 0.8 percent to $228.7 billion, as a decrease in
aircraft and parts more than offset an increase in
shipbuilding and tanks. Excluding transportation equipment,
unfilled orders were up $0.8 billion or 0.4 percent.
Electronic and other electrical equipment had the largest
increase, up $1.1 billion or 2.6 percent to $43.6 billion.
Unfilled orders for nondurable goods decreased $0.3 billion
or 1.5 percent to $22.6 billion.

Inventories

Inventories for durable goods in July increased $0.3
billion or 0.1 percent to $2378 billion, the third increase in
the last four months. Electronic and other electrical
equipment had the largest increase, up $0.4 billion or 1.2
percent to $33.0 billion, primarily due to communications
equipment. Nondurable goods inventories declined $0.2
billign or 0.2 percent to $143.6 billion.

By stage of fabrication, finished goods increased 0.5
percent in durables and 0.2 percent in nondurables. Work
in process was down 0.4 percent in durables and unchanged
in nondurables. Materials and supplies increased 0.6
percent in durables and declined 0.6 percent in nondurables.

‘The advance report on durable goods for Au; is scheduled for September 24, 1993 at 8:30 a.m. and the full report on October 1, 1993 at 10:00 a.m. For sale

by the Superintendent of Documents, U.S.

Department of Commerce's online Economic Bulletin Board (N-8-1) (202-482-
cE

ment Printing Officc, Washington, DC 20402. This report is also available the day of issuc through the
)) and through the Census Burcau’s onlinc information scrvicc-CENDATA.

IDATA is available from Dialog Information Services, Inc. (1-800-334-2564) and CompuScrve (1-800-848-8199). ‘The CENDATA staff at the Bureau of

the Comene AM. TROATAY can nrowide content information and gencral guidance.


Nondefense Capital Goods 11
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

a L 1 1 J. 1. d. 1. 1 1
Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar
July 1991 - July 1993

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
11

Jul Sep Nov Jan Mar May = Jul Sep Nov Jan Mar May = Jul
July 1991 - July 1993

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
July June May | June- | May- | Apr.- July June May July | July
1993? | 1993" 1993 | July | June | May | 19937 | 1993" 1993 1992 | 93/92
MATERIALS AND SUPPLIES
All manufacturing industries 121,321 | 121,218 | 121,366 | +01 | 0.1 | +05 | 121,013 | 120,138 | 120,645 | 121,161 0.1
Durable goods industries ......... | 68,602 | 68,163 | 68,401 | +06] -03 | +05 | 68,495 | 67,478 | 67,985 | 68,785 04
Stone, clay, and glass products . . - 2,501 | 2521 | 2497 08} +10] +03 | 2521 | 2/518 | 21477 | 2/483 +15
Primary metals -.. --- | 6248 | 6237 | 6187 | +02] +08} -11 | 6225] 6119 | S905] 6192 +05
Fabricated metal products °°...) | 7/673 | 7700 | —_7'595 04) +14] 0.7] 7716] 7707 | 7523 | 81226 6.2
Industrial machinery and equipment | 14,497 | 14,423 | 14616 | +05] -13 | +17 | 14468 | 14’252 | 14349 | 137317 48.6
Electronic and other
electrical equipment 10,555 | 10,449 | 10,364 | +10] +08] +06] 10633 | 10352 | 10,461 | 10,250 43.7
Transportation equipment : 11,733 | 11,606 | 12.047} +11] 37] +01 | 1ns3i | inasi | i270 | 13287 | -132
Instruments and related products . 816 | 6,761 | 6.828 | +08] -10] -04 1842 | 6800 | 6,874 | 6923 “12
Lumber, furniture and
miscellaneous durable goods . . . 8579 | 8,466 | 8,267 +24] +16] 8559] 8249} 8,036 | 8,107 +56
Nondurable goods industries 52,719 | 53,055 | 52,965 +02 | +06 | 52,518 | 52,660 | 52,660 | 52,376 +03
Food and Kindred products | | 10,185 | 10,292 | 10/086 +20 | -0.1 | 9969 | 10,088 | ~9.951 888 +08
Tobacco products... . : 53300 | 5318 | 5297 +04] +09] 5003 | 5,056 | 5176 | 4937 +13
Textile mill products |: )  : 2,606 | 2622 | 2/639 06 | +34] 2687 | 2659] 2698 | 2787 36
Paper and allied products. - 6791 | 6752 | 6,723 +04 00 | 6760} 6737] 6715] 6791 0.5
Chemicals and allied products 1n4l4 | 11/526 | 11743 18] +06] 11499 | 11565 | 11707 | 11599 09
Petroleum and coal products. 3,137 | 3,223 | 3,285 19] +08] 3146] 3248 | 3/326 | 3,481 9.6
Rubber and plastics products... | 4448 | 47424 | 41450 06} +10} 4424] 4338 | 4408 | 4366] = +13
Apparel, printing and publishing
and leather goods ............. | 8,838 | 8,898 | 8,742 +18] +03 | 9,030] 8,969] 8,679 | 8,527 45.9
WORK IN PROCESS
All manufacturing industries 128,959 | 129,403 | 129,032] -03 | +03 | +02 | 129,300 } 128,931 | 129,714 | 132,601 25
Durable goods industries... .. 105,872 | 106,306 | 106,042 04] +02 | +04 | 106,173 | 106,123 | 106,735 | 109,995 35
Stone, clay, and glass products 1127 1,130 1 03] +06] -11 1138 | 1,135 1154 | 1,181 36
Primary metals 2.2... 6,796 | 6841 | 6,913 07] 10] 0.7] 6895} 6903 | 7/002 | 7'527 “84
Fabricated metal products | 7,560 | 7,586 | 7,653 03} 09] +05] 7579] 7563] 7.688 889 39
Industrial machinery and equipment | 17,454 | 17,471 | 17,164] -0.1 | 418] +02] 17367 | 17333 | 17/447 | 18'143 43
Electronic and other
electrical equipment... .. 13,963 | 13,742 | 13,811 | +16] 05 | +14] 14,053 | 13,765 | 14,010 | 12,623 | +113
Transportation equipment . . 44,675 | 44;989 | 44/935 07 | +01 | +04 | 44662 | 44:773 | 44887 | 47:476 59
Instruments and related products .:: | 9/762 | 9°95! 91853 19] +10] -10 | 9898 | 91997 | 91921 | 11006 | -10.1
Lumber, furniture and
miscellaneous durable goods . . . . 4535 | 4,596 | 4,590) -13] +01] +15] 4581] 4654] 4626 | 4,150 | +104
Nondurable goods industries 23,087 | 23,097 | 22,990 oo} +05] 05 | 23,127 | 22,808 | 22,979 | 22,606 423
and kindred products 3,765 | 3,755 | 3,692 | +03] +17 | -06| “3542 | “3'519 469 | 3,430 | 433
Tobacco products . 181 188 1799] 37] +50] +85 134 139 142 78 | +718
Textile mill products. : | 2459 | 2,452 | 2462 | +03] -04) -02] 2503] 2460] 2,522] 2424] +33
Paper and allied products 1208 | 1221 1,223, ll} 02] +02 | 1245] 1249 1,225 1,267 -17
Chemicals and allied products 3,722 | 5,666 | 5528 | +10] +25] -02]| si747| 5¥629] sieaa | 51308 +83
Petroleum and coal products 2,600 | 2600 | 2/693 oo} 35] +44] 2613 | 261s | 2710]  2%899 99
Rubber and plastics products || - 1704 | 1.743 1,701 22] 425] +08] 1.674] 1692 | Tess 13589 +53
Apparel, printing and publishing
and leather goods . . . . voce 5.448] 5,472} 5512] 04] -07] +04] 5,669] 5,502 | 5,582 | 5,611 +1.0
FINISHED GOODS
All manufacturing industries 131,110 | 130,705 | 131,193 | +03] -0.4 | +03 | 130,931 | 130,689 | 133,573 | 129,753 +09
Durable goods industries... . . 63,334 | 63,045 | 63,291 | +05] -04 63,495 | 63,360 | 65,103 | 64,677 “18
Stone, clay, and glass products 4090 | 4036 | 43104 | 413] 17 4,090 | 4064 | 4247 | 4214 29
Primary metals -.. . 6137 | 6073 | 6106] +1] 0 6,102 | 6,037 | 6253 | 6141 -06
Fabricated metal products “©. 2.2 | 7/865 | 7,740 | 7/880 | +16] 1 7385 | 7,997 | 8207 | 7,855 +04
Industrial machinery and equipment’ | 13,101 | 13209 | 13025 08 | +1 13,193 | 13,039 | 13,266 | 14,604 97
Electronic and other
electrical equipment 8470 | 8420] 8446] +06]  -0. 8,702 | 8,780 | 8,864 | 8,851 17
Transportation equipment . | | 8,796 | 8672 | 8660] +14] +0. 8566 | 8,293 | 8.616 | 8,755 22
Instruments and related products 6.018 | 6,038 | 6,095 03} 0 6,059 085 | 6,276 | 5,942 +20
Lumber, furniture and
miscellaneous durable goods . . 8,857 | 8,857 | 8,975 00} -1 8,898 | 9,065 | 9,374 | 8,315 +7.0
Nondurable goods industries 67,776 | 67,660 | 67,902 | +02] -0. 67,436 | 67,329 | 68,470 | 65,076 43.6
Food and Kindred products  - 16,250 | 16,230 | 16399] +01] -1 15,776 | 15,207 | 15,507 | 15,549 +15
Tobacco products 1260 304 | 1,256 34] 43 1220 | 1/223 1210 | 1207 +11
Textile mill products 4140 | 4165 | 4207] 06} -1 4210 | 4220 | 4/402 | 3,972 +6.0
Paper and allied products 53554 | 51531 | 5567 | +04] 0 53529 | 5/574 | 51828 | 5152 0.0
Chemicals and allied products 17632 | 17,721 | 177782 05] 0 173339 | 17/515 | 17/888 | 17/083 +15
Petroleum and coal products 51486 | 51566 641 aa} aL 51469 | 51582 | 5.712 | 5,743 43
Rubber and plastics products 6,038 | 5963 | 3936 | +13] +0. 51970 | 6014} 6,104 | 5268 | +133,
Apparel, printing and publishing
and leather goods nan 146 | itiiso] iid | 42a} +0. 11,923 | 11,994} 11,819 | 10,727 | #111

? Preliminary. ‘ Revised.


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

ms of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
July June May] June-} May-| Apr. July June May July} July
1993" 1993" 1993] July} June} May] 19937} 1993" 1993 1992] 93/92
All manufacturing industries 457,949] 459,309] 462,146] 03] -0.6] + --1.2] 459,046] 459,344] 464,950] 492,276| 68
Manufacturing industries
without defense capital goods . 334,736 | 335,514] 336,545] -0.2| —-03 -1.1} 336,710} 336,160] 339,137] 358,724] -6.1
Durable goods industries 435,346 | 436,371 | 439,161 02] 0.6) — -1.2] 435,878] 436,121] 441,732] 468,858] — -7.0
Stone, clay, and glass products... . . 7203! 7,197] 7,514] +01 42] 4231 7,546] 7,310] 7,625] 7,552] -0.1
Primary metals . - | 22,502] 22,626] 23,159} = -05} =-23] = -09} 23,041] 22,952] 23:721] 21881] +53
Blast furnaces, steel mills. 10,309} 10,512] 10,660] -1.9} = -14] = -0.2] 10,587] 10,577] 10,794] 8.440] 425.4
Iron and steel foundries . 2,994} 2,789] 2,869] +74) = 28] = 40.3] = 2997] 2769] 2.901 2865] +46
Nonferrous and other Primary
metals . 9,199] 9,325] 9,630] 14] 3.2] 21] 9,457] 9,606] 10,026] 10,576] -10.6
Fabricated metal products... 21,432] 21,638] 22,113 10) 21 08] 21,348 21,491] 22,151] 22,395 5
Industrial machinery and equipment 50,662] $0,362] 50,620] +06 -0.5] -0.1] 50319] 50,098] 50,824] 51.189 !
Engines and turbines ......... 10,005 9,897 9,794 +11 +1 -1.0 9,861 9,602 9,454 9,428 +4.6
Construction, mining and
material handling equipment 5.617] 5,626] 5,769] 0.2] 25] +17] 5,538] = 5,550] 5,833] 5,551 -0.2
Metalworking machinery ...... 6874] 6,858} 6,668} 940.2] +28] = 3.3] 6.874] 6.858] 6,668] 8.577] -19.9
Computer and office equipment . 7,333] 7,480) 7,571 20] -12] +40] 7,377] 7,622] 7,806] ~—7,526] — -2.0
Electronic and other
electrical equipment .... 43,610] 42,509} 42,161 +26] +08 15] 43,761] 42,452] 42,896} 42,143 43.8
Electrical transmission and
distribution equipment and
industrial apparatus ........ 5,742] 5,771 5816} 05} -08] -08} 5,740] 5,738] 5,822] 5,962] -3.7
Electric lighting and
wiring equipment 3,180, 3,122] 3,143] +19] 0.7] +19] 3,180 3,122] 3,143] 2951] +78
Communications equipment 13,367] 13,390] 12,950] -02] +34) «+04! 13,374] 13,369] 12,900] 13316] +04
Electronic components . . : 16,233] 15,324] 15,477] $5.9] 1.0) 4.2] 16,314] 15,448] 16,183] 15,196| +74
Transportation equipment ........ 228,651] 230,464) 231,004] -0.8)  -02] -1.6] 228,001] 230,189] 231,301] 260,562] -12.5
Aircraft, missiles,
space vehicles, and parts. 199,810] 202,282] 202,833 +12] -03 199,080] 202,055] 203,014] 229,238]  -13.2
Shipbuilding and tanks . 20,537] 19,996] 20,303 42.7 “15 20,607] 20,068} = 20,364} = 23,335) -11.7
Instruments and related products 53,715] $3,937] 55,027] 04] = 2.0 53,596] 53,615} 55,115] 54595] -1.8
Search and navigation equipment 35,651] 36,015] 36,802] = -1.0] 21 35,497| 35,652] 36,883] 37,002] 43
Measuring and controlling devices . 9,140] 9,137] 9,162 00) 03 9,140{ 9,137] 9,162] 8898} 42.7
Medical instruments and supplies 8,088] 8,032] 8,290] 40.7) 3.1 8,088] 8,032] 8.290] 7,679] +53.
All other durable goods . . . . 7571 7,638] 7,563] -09] +10 8,266] 8,014] 8,099] 8541 32
Nondurable goods industries . 22,603} 22,938} 22,985} -15] 0.2] 0.6] 23,168] 23,223] 23,218] 23,418] -1.1

* Preliminary. ‘ Revised.


Table 2. VALUE OF MANUFACTURERS’ NEW ORDERS FOR INDUSTRY GROUPS
(Millions of dollars)

Seasonally adjusted Not seasonally adjusted"
Monthly Percent Change Monthly Percent Year to date
Industry change
July} June | May | June-] May-| Apr-] July} June] May | July | July
1993°| 1993°| 1993] July| June) May| 1993°] 1993") 1993] 1992] 93/92} 19937 | 1992
‘All manufacturing industries ..... | 250,153] 255,462] 248,335] -2.1] +29] -1.6] 230,181] 272,580] 250,090] 222,066) —_+3.7) 1,754,249]1,658,118
Manufacturing industries
with unfilled orders . . . . _.| 132,961] 134,907] 129,592] 1.4] +4.1] -2.2) 120,658) 143,651] 128,019] 115,125] +4.8] 920,537) 880,697
without defense capital goods .....| 243,097] 249,674] 242,901] -2.6] +28) 1.1) 224,310] 267,140] 245,793] 217,677] +3.0)1,711,312}1,615,791
Durable goods industries. . . | 128,137] 132,252} 126,783] 3.1] +43] -2.4] 112,501] 143,151] 128,752] 105,131) +7.0} 906,637) 840,141
With unfilled orders ......-..-.] 103549] 105,639] 100,182] -2.0]  +5.4) -2.7] 92,475] 113,847) 99,259] 86,641 +6.7) 717,235) 680,727
Stone, clay, and glass products S724] 51449] 5,894] 45.0] -7.6 0.0 5,910] 6,063] 6,214) 5,941] -0.5) 40,247) 38,262
Primary metals . . ves ee ef 11023] 11,095} 10,962] -0.6| +1.2| ° -2.2] 10,364) 11,517] 10,946[ 10,861) 4.6] 82,608) 79,973
Blast furnaces, steel mills. see 5,012) 5,097] 5,140) -1.7]  -0.8) +1.2} 4,834) 5,336] 5,041] 4,606) +5.0] 38,750] 33,903
Iron and steel foundries ......-- 1104] '927) '970| +19.1| 4.4] -7.5] 968) 990] 1,063) 783] +236) 7,292) 6,969
Nonferrous and other Primary
metals ....... yo... 4907] 5,071) 4,852| 3.2] +45] 4.6 4,562] 5,191] 4,842) 5,472] -16.6) 36,566) 39,101

Fabricated metal products bees 13,572] 13,774] 13,913] -1.5) ol +19) 12,396] 14,749] 14,111] 11,347) +9.2 95,789} 90,190
Industrial machinery and equipment. 23,889} 22,932] 23,200) +4.2| 1.2) +09] 20,646] 26,248] 23,211] 17,939] +15.1] 161,581 142,775

Engines and turbines... . oA Yea} 1713) 1/393] -5'4) +23:0 43.6 1,385) 2,046] 1,309] 1,167] +18.7] 9,974) 9,112
Construction, mining and

material handling equipment... . 2,349) 2,280 2,585] +3.0) -11.8] +7.7} 2,174) 2,389) 2,647) 1,937 +1221 17,284] 14,220
Metalworking machinery ... 4 2546] 2,652) 2,409] -4.0] +10.1)  -3.9} 2,139} 2,914] 2,355) 2,049) +441 16,861] 15,876
Computer and office equipment . . 6405| S927] 6.258) +8.1| -5.3] +6.1] 4,885] 7,853] 5,882) 4,017] #21.6| 40,879) 34,545

Electronic and other

electrical equipment ..........- 20,174] 19,865) 18,197] +1.6| +92} -3.5] 18,424] 20,514) 17,817) 16,028] +14.9) 129,342] 116,807
Electrical transmission and

distribution equipment and

industrial apparatus .......... 2,335] 2,316] 2,315{ +0.8] 0. 6.6 2,112] 2,491| 2,312] 2,009) +5.1] 16,672] 15,694
Electric lighting and

wiring equipment . ....... i72| 1,675] 1,748| 42.2] 4.2} 42.5] 1,459] 1,804) 1,733] 1,267] +152] 11,633] 10,260

Communications equipment . . 3,846] 4,405 3,825] -12.7) +15.2] -0.2) 3,386] 4,873) 3,658 3,434) -14 25,084) 22,872
Electronic components ......-.- 7,522] 6,888) 5,891] +9.2] +16.9) -8.5] 7,016] 6,611 5,939] 5,444) +28.9 45,759] 39,950
Transportation equipment . 29,083) 34,903} 30,482] -16.7) +14.5)  -4.1 21,416} 38,284] 32,169] 20,512] +44] 224,366} 209,183

Aircraft, missiles,
space vehicles, and parts. .... - 6,013} 9,599| 6,294] -373] +525) 8.1) 4,449| 10,543] 5,130) 5,492] -19.0) 47,071) 61,447
Shipbuilding and tanks... 1,608] 637] 246| +1524] +1589] -44.3] 1,554] 651] 308/277) +461.0] 6,068) 4,491
Instruments and related products ....} 10375] 9,747| 9,838) +64] -0.9 -10.9 91555] 10,326] 9,751] 9,329] +2.4) 70,747) 68,992
Search and navigation equipment | 2°402| 2,024] 2,114] +18.7[ -4.3) 36.7] 2,189) 1,827) 2,027) 2,151] +18] 16,721) 16,138
Measuring and controlling devices . 2,821] 2,822] 2,731 0.0] +33) -7.5| 2,559] 3,016] 2,723) 2,571 0.5) 19,730) 19,050
Medical instruments and supplies Zoo] 2744] 2.882) +57] 4.8) +63) 2.7271 2,976] 2,843) 2,752| 0.9) 19,699) 19,588
All other durable goods ........ 14297} 141487 14.297] 13) +1.3]  -0.6 13,790] 15,450] 14,533] 13,174) +4.7] 101,957] 93,959

Nondurable goods industries
With unfilled orders . .

122,016] 123,210] 121,552] -1.0) +1.4] — -0.8) 117,680 129,429] 121,338} 116,935) +0.6| 847,612] 817,977
29,412] 29,268) 29,410) +0.5) 0.5] -0.5] 28,183] 29,804] 28,760} 28,484 -1.1] 203,302} 199,970

” 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.


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
july} June | May | June-| May-| Apr.-| July | June} May| July | July
1993? | _1993'| 1993} July] June} May} 199371 1993"! 1993] 1992 | 93703 | 1903° | 1992
All manufacturing industries 251,513} 258,299) 254,007) 2.6] +1.7]_ -0.4) 230,479] 278,186] 256,332] 226,503] +1.8 | 1,767,380]1,673,609
Manufacturing Industries
with unfilled orders 134,321] 137,744] 135,264] -2.5 8) 0.0) 120,956} 149,257} 134,261] 119,562] +1.2} 933,677] 896,188
without defense capital goods 243,875] 250,705} 246,619} -2.7| -0.4] 223,760] 270,117) 249,143] 219,469] +2.0/ 1,717,008 1,619,385
Durable goods industries 129,162) 135,042) 132,307] 4.4] +21] -0.3) 112,744] 148,762] 134,897] 109,979] +25] 920,884 856,673
With unfilled orders : 104,574) 108,429} 105,706] -3.6 42.6 -0.1] 92,718] 119,458] 105,404] 91,489] +13] 731,482] 697259
Stone, clay, and glass products . 5,718] 5,766] 5,726] -0.8} +0.71 1.6 5,674] 6,378] 5,837] 51662] +02] 39°093| 37'250
Primary metals... TLI47) 11,628) 11181) 4.1] +4.0)  -1.9 10,275] 12/286] 11,409} 10,688 3.9] 80.243] 79°906
Blast furnaces, steel mills 5215] 5,245] 5,158] -0.6 +1.7] -0.4 4,824] 5/553] 5,287] a'4aa] 48.6] 36/585] 34236
Iron and steel foundries 8991 1,007] = 961) -10.7) +481 -7.4, 740) 1.122] 1,043 8371-116] 7,125] 7,062
Nonferrous and other primary
metals... . : 5,033] 5,376] 5,062) -6.4] +62) -2.21 4,711] 5.611] 5,079] 5,407] -12.9] 36,533] 38,608
Fabricated metal products 33.778) 14,249] 14,102) 3.3] +1.) +1.3] 12,539] 15,409] 14.445] 12,195] 42:8] 97'202] 91725
Industrial machinery and equipment 23,589] 23,190] 23,275] +17) -0.4) +1.6 20,425} 26,9741 23,026| 18339] +114] 1617381) 144'345
Engines and turbines : L513) 1,610} 1,496 6.0] +7. 42.6 1,126] 1,898] 1,478] 1,025] +99) 107169] o'188,
Farm and garden machinery 1510) 1,488) 1,555] +15] 4.3) -2.8) 1.140] 1,526! 1.795] “oni| 425.1] 113201 9°678
Construction, mining and
material handling equipment 2,358 2,423) 2,489] -2.7) -2.71 42.41 2,186 2,672| 2,568] 1,985] +10.1] 17,345] 14,375
Metalworking machinery 2,530) 2,462 2,633) +28) -6.31 +041 2.123) 2,724] 2'579] 1/993] +65} 17'320| 15776
Computer and office equipment 6,552] 6,018] 5,968} +8.9] +0.8} 40.1] 5,130] 810371 5,201] 4290] +196) 40623] 35°66
Electronic and other
electrical equipment 19,073) 19,517) 18,832) -23) +3. +13) 17,115] 20,958] 18,435] 15,936] 47.4] 127,668] 116,232
Electrical transmission and
distribution equipment and
industrial apparatus 2,364) 2,361! 2,361) 40.11 0.0} -2.11 2,110] 2,575] 2,371) 2,128) -08] 16,484 15,941
Household appliances 1717) 1,656) 1,596) +3.7] 43.8) +191 1,671] 1,861] 1,637] 11458] +146] 11,368} 10363
Electric lighting and
wiring equipment Lesa] 1,696) 1,689] -2.51 +04) +19) 1,401] 1,825] 1,674] 1,307] 472] 11,433) 10,432
Household audio and
video equipment 954) 905 894 +12 -14) 806) 858] 722) 826] -2.4] 5,577] 5,601
Communications equipment 3,869} 3,965] 3,779] +49) 42.5! 3,381) 4,404) 3,654) 3,312] 42:1] 255132] 22,791
Electronic components 6,613) 7,041] 6,569] +721 +21) 6,150} 7,346] 6,546] 5,390] +141] 45,127] 39'233
Transportation equipment . . . 30,896] 35,443] 34,261 8] +34) 2.6 23,604) 39,396) 36,797) 24841] 5.0) 242.211] 222/504
Motor vehicles and parts 20,072) 22,894) 22,325] -12.3] +25) -3.5] 13,984] 25,490 25,065] 13,500] +3.6 160,343] 133.227
Aircraft, missiles,
space vehicles, and parts, 8,487] 10,150] 9,617 +5.5! 0.7) 7,424] 11,502] 9,335] 9,162] -19.0] 65,167] 73,587
Shipbuilding and tanks . . . 1,067] 944] 946) 0.2} -3.2) 1,015] 947) “931 971] +45] 6675] 6,832
Instruments and related products 10,597 10,837] 10,565 42.6 +051 9,574} 11,826} 10,480] 9,528) 40.5] 72,738} 72,717
Search and navigation equipment 2,766] 2,811) 2,764] +17) +33) 2,344) 3,058] 2,691 2354] -0.4] 18379] 18.945
Measuring and controlling devices .| 2,818] 2/847] 2/912 -2.21 +171 2,556] 3,041} 2,904] 2,547] 40.4] 19:778] 19372
Medical instruments and Supplies 2,845{ 3,002] 2,755 +9.) -3.2) 2,671] 3,234] 2,716] 2,706] -1.3] 20,034] 20,137
Photographic goods 1,830] 1,847] 1,802 +25) +03) 1,667} 2,137] 1,828] 1,607] +3.7} 12.218] 12,062
Alll other durable goods 14,364] 14,412] 14365 +03) -0.5) 13,538] 15,535] 14,468] 12,790] +5.8] 100,348] 91.994
Nondurable goods industries 122,351) 123,257] 121,700) -0.7} +1.31 —-0.5] 117,735] 129,424] 121,435] 116,524] —+1.0] 846,505] 816,936
With unfilled orders 29,7471 29,315] 29,558] +1.5]  -0.81 +0.6) 28,238] 29,799] 28,857] 28,073] +0.6| 202195) 198929
Food and kindred Produets 34,318) 34,342] 33.440) -0.1) 42.7] -2.1) 33,038] 35,711] 34,023] 31,469] +5.0| 2341728] 225674
Meat products. 7.955] 7,989} 7,919] -0.4) 40.9} 40.9] 7,812) 8,333 8,258) 7/261] +716] 54749] $1049
Dairy products 4533] 4,575) 4,472} 0.9} +2.3) 1.1) 4/551] 41838) 4'576| 4/3981 43:5] 311137| 30.293
Beverages .. . 4.883) 4,914) 4,864) -0.6/ +10) 42.8) 5,181] 5659] 5,342] 5.017] +33] 341127] 33,640
All other foods, except fats and oils | 15.294] 1s'119] 14'518| a1] 241 -5.6 13,841) 15,136] 14,180} 13,236] —+4.6] 102,848] 99.562
Tobacco products. . . 3240] 2,777} 2,584] +16.7/ 47.51 -3.2} 2,595) 31437] 2/842) 2329] +114] 18534) 17'809
Textile mill products 5,884) 5,844) 5,866) 40.7) -0.4) +111 5,187] 6,448 5,812] 5/176] +02] 39.949] 391658
Broadwoven fabrics and
other textiles... = 3,632) 3,564) 3,627) +19] -1.7) -0.7] 3,134] 3,838] 3,689} 3,142) -03] 24,997] 25,009
Paper and allied products . . 10,812) 10,757) 10,903) +05} -1.3) +1:5} 10,669] 11,216 10,728] 10.9141 22} 75497] 76'307
Pulp, paper, and
Paperboard mill products 4371) 4,371) 4,400] 0.0) -0.71 +03] 4,345] 4,542} 4,355] 4,468] -2.81 30,586] 31,263
Paperboard containers and boxes 2,676) 2,642] 2,672) +13) -1.1] -0.4 2,593) 2/725] 21677] 2,666 2.7] 18°50] 18854
Miscellaneous converted
Paper products... . . 3,765} 3,744) 3,831] +06) -2.3) +44 3,731) 3,949] 3,696] 3,780] 1.3] 26,361] 26,190
Chemicals and allied products 26,069) 26,691] 25,683] -23) 43.9 -1.1) 24,844) 28,460] 25,920] 24.455] +16) 184388] 176,401
Industrial chemicals 13,399) 13,651) 13,346] -1.8} +2.31 -0.7} 13,051] 14314] 13,476] 13,073] -02| 95,161 91'292
Drugs, soaps, and toiletries. 9,726) 9,863] 9,301) -1.4) 46.0} -2.8 9,094) 10,444] 8.623] 8.733] +4.1| 66,251] 62°402
Petroleum and coal products 12,390] 12,707) 13,021] 2.5} -2.4) -0.4) 12,645] 13,306{ 13,139] 13,949] -9.3] 87530] 87.381
Rubber and plastics products 8.211) 8,626) 8,608) 4.8) +0.) +1.0 7,883) 9,387] 8,765 8369] 5.8] 60,684] 611074
Alll other nondurable goods 21,427) 21,513] 21,595] -0.4) -0.4 +0.8 20,874) 21,459] 20,206} 19,863) +51) 145.175] 132632

” Preliminary. * Revised.

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