Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Aug. July June} July-| June-| May- Aug. July June Aug.| Aug.
1999" 1999" 1999} Aug.{ July! June} 1999" 1999" 1999 1998] 99/98
All manufacturing industries 464,617] 465,043] 462,690] -0.1] +05 -0.2} 468,000} 466,515] 460,432 | 471,596 -0.8
Manufacturing industries
with unfilled orders... 2.2... 308,363 | 309,105] 307,649 02] 40.5 0.3] 312,454] 311,801] 307,382] 318,882 2.0
without defense capital goods . 446,088 | 446,435] 444.400] 0.1] +05 0.2] 449,045] 447,493] 442/120] 452:163 “0.7
Durable goods industries . . 292,707 | 293,505] 291,645 03] +06 -0.3] 295,850] 294,990] 290,135] 299,838 -13
With unfilled orders. . . : 267,992 | 268,648] 266,959 02} +06 -0.4] 271,384] 270,591] 266,314] 276,614 19
Stone, clay, and glass products. 9618] 9,473] 9395 +15] +08] 40.1 9,582 9514] 9511 918] +5.1
Primary metals... . 23,639} 23,693] 23,674 02} 40.1 04] 23,758] 23,797] 23,498] 241933 “47
Blast furnaces, steel mills 11,321] 11,396] 11,468 -07 -0.6 Ll} Walt} nasi} 11262] 12,485, 8.6
Iron and steel foundries... . 1,600 1,605 Léit 03 “0.4 0.4 1,568 1,591 1,638 1,556] +08
Nonferrous and other primary
metals , 10,718} 10,692] 10,595} +0.2] +09} = 40.5] 10,779] 10,755] 10,598} — 10,892 “10
Fabricated metal products - | 31,095] 31,005} 30,740] +03) +09] -09] 31,136] 31,198] 31,023] 30970} +05
Industrial machinery and equipment . | 60,003] 59,791] 59,867] +04)  -0.1 0.8} 60,793} 59,753} 59,347] 61.693 “1.5
Engines and turbines ....... : 4493} 4490) 4273) +01} +5. 20) 4691 4550] 4146] 4320] -+8.6
Farm and garden machinery... . 3,507 3,530 3,601 0.7 -2.0 07 3,255 3,261 3,385 3,486 6.6
Construction, mining and
material handling equipment . . . 8,844] 8877] 8.879] -0.4 0.0} -10} 8,738] 8,781 8,903 8692] +05
Metalworking machinery ..... 8,058 8,010 8,112 +0.6 13 40.7 8,455 8,218 8,100 8,285 +21
Computer and office equipment . 9,135 8,765{ 9,004 +42 27) 405) 9,719] 8.916] 8.999] 9,984 27
Electronic and other
electrical equipment ........... 41,285} 41,221! 40,997} 0.2] +05] +04] 42,080] 41,832] 41,032] 41197] 421
Electrical transmission and
distribution equipment and
industrial apparatus . . 5,238 5.242] 5,214] +03] 40.5 06] 5,264] 5,226] 5,124 5,309 08
Household appliances . . 2,327 2,384 2,410 24 Ll oll 2,280 2,399 2,446 2,342 26
Electric lighting and
wiring equipment ............ 3,588} 3,570] 3,566] +05] +01] +09] 3,681 3,664] 3,607] 3,561] 43.4
Household audio and
video equipment 1,013 1,136 1,043] -108] +89] +63 1,122 1,268 1,049 1109] +12
Communications equipment . 10,778) 10,749} 10,731] +037 «= 40.2] = +06} 11.073} 10.929] 10.624] 10596] +45
Electronic components 14,697] 14,481] 14,453] +15] +02 02] 14,894] 14,552] 14521] 14547] 42.4
Transportation equipment . . 71,000} 72,403] 71,596] -19] +11 -03] 71,892] 72,709} 70,500] 76.819 64
Motor vehicles and parts . . 17,639| 17,677] 17,597 02 +0.5 42.1 17,951 17,939] 17,125 16,842 +6.6
Aircraft, missiles,
space vehicles, and parts. 47,170} 48,623] 48,037 30} +12 -13] 47,669} 48,611] 47,431] 54,179] -12.0
Shipbuilding and tanks . . 2,272 2,224 2,208 42.2 +0.7 +63 2,277 2,220 2,221 1,828] +24.6
Instruments and related products . 27,104| 26,930} 26,587 +0.6 413 0.2] 27,612} 27,276] + 26,663} 27,121 +18
Search and navigation equipment 6,785] 6,788] 6,691 00) +14 12] 6978] 7,015 6,737 6890] +13
Measuring and controlling devices 8,282) 8122/8023] +20) +12} 40.7 = 8.427] 8.191 8,102 8212] +26
Medical instruments and supplies 8,873 8,838 8,724 +0.4 +13 +0.6 9,009 8,899 8,693 8,614 +46
Photographic goods ... . 2417] 2,433) 2,424 07) +04) 33] 2454] 2143 2,403] 2,695 89
Alll other durable goods 28,963 | 28,989] 28,789] 0.1] 40.77 += +0.4] 28,997] 28.911] 28561] 27987| +36
Nondurable goods industries 171,910] 171,538] 171,045] +02] +03 -0.2} 172,150} 171,525] 170,297] 171,758] +02
With unfilled orders... . 40,371 | 40,457 40,690 0.2 0.6) +03) 41,070] 41.210] 41,068] 42,268 28
Food and kindred products . . 38,117} 38,019] 38,037 +03 0.0 -O4} 37,813] 36,946} 36,600} 36,828 42.7
Meat products. : 4330) 4,285) 4,254] +11] 40.77 +10] 4.248] 4304] 4329] 3956] 474
Dairy products . 3,922] 3.875] 3,875] +12 00 -03] 3,986] 3,998 3,938] 3,844) 43.7
Beverages 8,754) 8,695] 8.797] 40.7 12] 40.2] 8,528 8.459] 8,678 7,993) +67
Al other foods, except fats and oils 19,542] 19,537] 19,409 00} +07 0.8] 19,633] 18,630] 18,013} 19368] +14
Tobacco products .... . 5.131 5,160] 5,208 0.2 09 -19] 4805] 4,645 4,750] 5,234 “8.2
Textile mill products . . 10,056} 10,026} 10,107} +03 08] +06) 10,142} 10,163] 10,193} 10,317 “17
Broadwoven fabrics ani
other textiles ...... 6144) 6116] 6,171] +05 -09 0.2] 6169] 6,167] 6,170 6,389 34
Paper and allied products . 15,890] 16,009 16,070 0.7 04 +03 15,862 15,971 16,066 16,602 4.5
Pulp, paper, and
paperboard mill products ...... 6329} 6,408] 6,473 1 -10] 0.6] 6300] 6,350] 6,428] ~— 6,704 6.0
Paperboard containers and boxes . 4,025 3,974] 3,942 13] +08} +404) 4,031 3.981 3,943 4,320 67
Miscellaneous converted
Paper products .............. 5,536] 5,627] 5,655 -16} 05] #13] 5,531 5,640 5,695 5,578 -0.8
Chemicals and allied products 46,716] 46,848] 46,581 03] +06 0.7) 46,628] 47,019] 46.543] 46,489] +03
Industrial chemicals vee 19,405} 19,404] 19,113 00, +15 0.6] 19.429] 19,444] 18,956] 20.284 4.2
Drugs, soaps, and toiletries 21,388} 21,523] 21,581 -0.6 03 0.9] 21,595} 21,929] 21,949] 20,806] 43.8
Petroleum and coal products . 11,536) 11144] 10,814) 43.5] 43.4] +10] 11713] 11275] to'985} 10,828] +82
Rubber and plastics products . 17,156] 17,050] 16,902] +06] +09 0.0] 17,000] 17,061] 16,930] 16508] — +3.0
All other nondurable goods 27,288] 27,282] 27,326 0.0) 0.2) +03} 28187] 28.445] 28.230] 28.952 26

° Preliminary. ‘ Revised.

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


10

Total Manufacturing
New Orders and Shipments
Three Month Moving Averages

Billions of Dollars

380 380
New Orders
360 F-| Shiements +1 360
340 - ---------------- +--+ - tee ~~ - - ee eH 340
320 F- ----- 7 ere rr rr ee rrr rd 320
300 F- - ---- 7-7 rr err rr rr rrr rr ee 4 300
280 a 1 L L 1 1 1 L 1 1. L L 1 280
Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug
Aug. 1997 - Aug. 1999
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

VS Ratios UO/S Ratios
2.5 3.7
2.4F--- 7 eo rt rr rr rr tr re uo/s }-{ 3.6
2.3 fF - ~~ rr tt te vs [43.5
2.2 == 3.4
2.1 3.3

2 3.2
1.9 3.1
1.8 3
1.7 2.9
1.6 2.8
1.5 2.7
1.4 2.6
1.3 2.5
1.2 ae " 1 1 L 1 L 1 1 1 1 L 1 2.4

Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug
Aug. 1997 - Aug. 1999

Note: All Charts based on seasonally
adjusted current dollars.


Table 6. VALUE OF MANUFACTURERS’ UNFILLED ORDERS AND TOTAL INVENTORIES
FOR TOPICAL SERIES!
¢

ns of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Aug. July June | July- | June- | May- Aug. July June Aug. | Aug.
1999" 1999" 1999 | Aug. | July | June 1999" 1999" 1999 1998 | 99/98
UNFILLED ORDERS
All manufacturing industries 523,069 | 520,666 | 518,064 | +05] +05 -0.7 | 524,858 | 523,311 | 515,003 | 529,830 -09
Market categories :
Automotive equipment ....... 2,494 | 2,493 2,505 00, -05 | +08] 2510] 2474] 2,445 2,351 +68
Home goods and apparel 8,910 8,956 8,911 -0.5 40.5 0.7 9,095 9,293 8,997 8,526 +6.7
Consumer staples . . 2,889 | 2697 | 2693 | 471] +01] +29] 3,381 3,145 2.721 2,655 | +273
Machinery and equipment 233,988 | 235,318 | 236343 -0.6 | -04 | -14 | 233,991 | 235.429 | 236,008 | 248,666 3.9
Business supplies... . 7,378 | 7,142 74] #33] +04] 03 7,809 | 7,529 | 7.279 7,200 48.5
Construction materials
and supplies sees 18,038 | 18,042 | 17,919 00) +07] +11 | 18,094 | 18,198 | 18,071 | 18,051 +02
Defense products ........... 87,623 | 88.985 | 89,061 S| 01 12 | 86.277 | 88,871 | 89,418 | 90,059 42
Other materials, supplies and
and intermediate products . . 161,749 | 157,033 | 153,518 | +30] +423 | +04 | 163,701 | 158,372 | 150,064 | 152,322 475
Durable goods industries :
Nondefense capital goods * 250,884 | 251,535 | 252,600 03] 04 -14 | 250,394 | 251,123 | 251,965 } 265,781 58
Excluding aircraft and parts. . 109,802 | 109,896 | 109,907 -0.1 0.0 -1.7 | 109,312 | 109,484 | 109,272 | 104,577 44.5
Defense capital goods * +» | 92,454 | 93,798 | 93,906 14 -0.1 -1.1 | 91,063 | 93,704 | 94,388 | 95,006 42
Durables excluding capital goods 154,323 | 150,819 | 147,382 42.3 423 +0.5 | 156,904 | 152,718 | 143,901 | 144,064 48.9
Miscellaneous series :
Producers’ durable equipment . 272,196 | 274,023 | 275,344 0.7} 05} -1.1 | 272,306 | 274,030 | 274,096 | 287,287 “52
Household durable goods : 5,491 5,608 5,541 21 +12 -0.1 5,608 5,760 5,409 5,415 43.6
Information technology industries. 40,420 | 40,899 | 40,865 12 40.1 +0.4 | 40,663 | 41,146 | 40,848 | 39,977 +17
Health care equipment
and products ...........5. 9,940 9,783 9,643 +16 | +15 5.3 | 10,004 9,659 9,195 9,682 433
TOTAL INVENTORIES
All manufacturing industries 464,617 | 465,043 | 462,690 0.1 40.5 -0.2 | 468,000 | 466,515 | 460,432 | 471,596 08
Market categories :
Automotive equipment... . 8818 | 8,876 | 8,817 07] +07] +19] 9,027 | 9,023 8,630 | 8,555 455
Home goods and apparel 31,431 | 31,515 | 31,431 03 | +403 | +03 | 32,043 | 32,439 | 32,272 | 32,355 “1.0
Consumer staples . 74,590 | 74,397 | 74,284] +03 | +02 05 | 74,409 | 73,540 | 73,131 | 72,505 42.6
Machinery and cauipment . 115,798 | 116,962 | 116,397 -10 | +05 -0.5 | 117,282 | 117,099 | 115,171 | 122,311 “41
Business supplies... . 28,261 | 28,231 | 28,174 | 40.1 | +02 0.0 | 28,600 | 28.551 | 28,205 | 28,490 +04
Construction mater
and supplies. 29,539 | 29,438 | 29,218 | +03] +08] +03 | 29,629 | 29,585 | 29,319 | 28,760 43.0
Defense products 18,194 | 18,324 | 18,088 07) +13 -02 | 18,564 | 18,710 | 18,116 | 19,105 28
Other materials, supplies and
and intermediate products ...... 157,986 | 157,300 | 156,281 | +04] +07] -03 | 158,446 | 157,568 | 155,588 | 159,515 07
Durable goods industries :
Nondefense capital goods * ... .. 107,500 | 108,390 | 107,909 +04 -0.8 | 109,098 | 108,615 | 106,922 | 114,503 47
Excluding aircraft and parts. . 72410 | 71,949 | 71,729 +03 05 | 73,811 | 72,516 | 71.343 | 73.188 +09
Defense capital goods‘ ..... 18,529 | 18,608 | 18,290 +17] 0.7 | 18955 | 19.022 | 18312 | 19,433 25
Durables excluding capital goods 166,678 | 166,507 | 165,446 +0.6 | +0.2 | 167,797 | 167,353 | 164,901 | 165,902 +d
Miscellaneous series :
Producers’ durable equipment 189,250 | 190,148 | 189,119 05] +05 -0.2 | 191,551 | 191,121 | 188,043 | 195,391 2.0
Household durable goods . . 16,236 | 16,308 | 16,239 04} +04 -0.7 | 16523 | 16,634 | 16,411 16,459 +04
Information technology industries 33,435 | 32,871 | 32,842] +17] +01 | +03 | 34565 | 33393 | 32,801 | 33,956 +18
Health care equipment
and products ......... 20,453 | 20,488 | 20,402 02} +04] 02 | 20,699 | 20,766 | 20,566 | 19,883 +41

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
‘Aug.| July} June | July- | June-| May-| Aug.] July] June | Aug. | Aug.
1999" | 1999] 1999] Aug.| July} June] 1999"]} 1999"} 1999} 1998} 99/98 | 1999" | 1998
SHIPMENTS
All manufacturing industries... . . | 362,270} 357,301] 354,702| +14] +0.7] +1.2] 363,931] 320,282 380,057] 337,377] +7.9) 2,775,465 [2,653,937
Market categories =
‘Automotive equipment .........] 17,045] 16,809] 16,967] +1.4| -0.9} +6.5] 17,429) 10,180] 17,746) 15,005] +162] 128,035] 111,822
Home goods and apparel 20,054] 20.035] 19.645] +01) 42.0, -1.7] 21,176] 18,725] 20,592] 20,034] +5.7) 156,203] 148,592

Consumer staples .......
Machinery and equipment
Business supplies
Construction mater
and supplies
Defense products
Other materials, supplies an
and intermediate products ..... . 122,599] 120,549] 119,435] +1.7]  +0.9)  +1.3) 123,299) 107,956] 127,233) 115,598] +67) 943,790} 925,027

74,926] 74,010) 74,050) +1.2) -0.1]  +2.0) 76,641] 71,795] 77,136] 70,871 +8.1] 573,976] 544,591
70,551] 69,036] 68,232) +2.2) +12] 0. 67,132) 57,136] 77,374] 60,645] +10.7] 529,725] 496,638
steers 26,888) 26,701] 26,505] +0.7| +0.7, +0.7} 27,081) 25,331) 27,806} 25,674 +5.5] 208,144] 201,677

23,497] 23,376] 23,303] +05] +0.3) +1.9] 24,695} 23,137| 25,145] 22,766) 48.5] 182,816] 171,980
6,710} 6,785 6,565} -L.1) +34) -4.1 6,478] 6,022} 7,025) 6,784 AS 52,776| 53,610

Durable goods industries :
Nondefense capital goods * . . . 57,577| 56,095] $4,472) +2.6] +3 -1.9| 53,933] 48,646] 63,559] 47,823) +12.8] 424,962) 396,866
Excluding aircraft and parts. 48360] 48,774] 46.459] -0.8|  +5.0, +0.2} 45,168] 42,377] 54,986] 40,798] +10.7| 359,389] 338,987

Defense capital goods ‘* ....... 6495] 6.584] 6.278] -1.4] +49} -5.9) 6.223) 5,750] 6,734 6,462) -3.7] 50,766) 50,838

Durables excluding capital goods . | 142.444] 140,589] 140,240] +1.3|  +0.2] +2.2] 143,897] 116,853] 149,131] 131,773] +9.2) 1,093,312 1,027,170

Miscellaneous series :

Producers’ durable equipment .... | 135,651] 133,226] 131,602] +1.8| +12} +1.0] 132,498] 106,291] 145,448] 119,098) +11.3]1,024,272] 950,858
Household durable goods ......-| 10,699] 10,585] 10,262] +1.1) 43.1] -1.5} 10,715] 9,206] 10,937] 9,288] +15.4] 80,798) 72,306
Information technology industries. | 28,073| 28,928] 26,666] -3.0| +8.) -0.2) 25,810) 24,338] 32,606] 22,636 +14.0] 204,372) 187,053
Health care equipment

and products ........ ....[ 13,277] 13,063} 13,317] +1.6|  -1.9[ 42.8] 12,975] 12,061] 14,439) 11,654) +11.3] 101,495} 92,575
NEW ORDERS
All manufacturing industries... . | 364,673] 359,903| 351,128] +13] +2.) +0.8] 365,478] 328,590) 370,797] 335,916] +8.8) 2,787,337 [2,652,209
Market categories :
‘Automotive equipment .........] 17,046{ 16,797] 16,986] +1.5] -1.1] +65] 17,465] 10,209] 17,737] 14,994) +16.5] 128,140) 111,686
Home goods and apparel .......{ 20,008] 20,081] 19,580] -0.4] +26 -0.2] 20,978) 19,021] 20,340) 20,143) +4.1] 156,987) 148,561

Consumer staples ....... 55.118} 74.014] 74127] +15] -0.2| +2.0] 76,878] 72,218| 77,462] 70,786] +8.6) $75,095] 545,197
Machinery and equipment 692221 68.011) 64,842] +18] +49} -1.9) 65,693] 56,557] 72,751] 63,811! —+2.9] 523,146} 502,562
Business supplies ........-----| 27,124] 26,729] 26,481] +1.5| +09] +0.4) 27,361) 25,580] 27,784) 25,567] +7.0| 209,432) 202,445
Construction materials

and supplies
Defense products
Other materials, supplies an

23,493} 23,499} 23,502) 0.0} 0.0) +3.4| 24,591] 23,265] 25,340] 22,543] +9.1] 183,670] 172,405
5,347| 6,709] 5,492] -20.3] +22,2) -9.8} 3,884) 5,475) 5,240] 4,068) 45S 48,138) 46,124

and intermediate products ...... 127,315] 124,063] 120,118] +2.6] 43.3] +1.1] 128,628] 116,265] 124,143] 114,004) +12.8] 962,729] 923,229
Durable goods industries :
Nondefense capital goods? ......| 6,926] 55,030| 50,948] +34] +80 -3.9] 53,204) 47,804] 59,120] 51,767] +2.8] 418,274) 401,431
Excluding aircraft and parts ....| 48266] 48,763| 44,540] -1.0|  +9.5] | -3.3] 44,996] 42,589] 52,152] 41,663] +8.0] 362,124) 340,392

Defense capital goods‘ ........ 5,151 6,476 5,209) -20.5. 4243) -13.5 3,582) 5,066] 4,913) 3,574 +0.2 46,116] 43,628
Durables excluding capital goods . | 145,948] 144,026] 140,927] +1.3] +22] +2.5] 148,083) 125,670] 145,521] 130,000 +13.9] 1,112,971 |1,028,332

Miscellaneous series :
Producers’ durable equipment .... | 133,824] 131,905] 128,463] +1.5] +27} +0.6| 130,774] 106,225) 140,467] 121,434] +7.7/1,017,074) 955,031
Household durable goods... . - 10,582| 10.652] 10,258} -0.7) +38) +2.0| 10,563 9,557] 10,759] 9,443] +11.9) 81,245] 71,938
Information technology industries . | 27/594) 28,962) 26.823] -4.7| +8.0) +04] 25,327] 24,636] 32,474] 22,290] +136] 205,919) 189,060
Health care equipment
and products ........-. 0.00. 13,433) 13,203] 12,775} +1.7]  +3.4) -3.2) 13,320] 12,524] 13,374] 11,675] +14.1] 101,874} 93,793

* 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 matt
handling equipment; metalworking machinery; special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and ser
industry machinery; electrical transmission and distribution equipment, electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and eng
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, t:
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 Au July June May Aug. July June May
1995 1999" 1999 1999 199° 1999" 1999 1999
All manufacturing industries 1.28 1.30 130 132 2.52 2.35 287 2.59
Durable goods industries. . . 1.42 1.44 1.45 147 2.94 2.98 3.01 3.03
Stone, clay, and glass products 1.09 110 110 it 071 0.73 0.74 076
Primary metals. vee 136 159 161 164 2 21 2.09 2.07
Fabricated metal pr : 149 132 130 152 129 131 131 133
Industrial machinery and equi 153 152 1.60 161 2.43 2:10 2.20 222
Electronic and other
electrical equipment. . 116 117 1.20 121 2.02 1.94 193 1.93
Transportation equipment .... . 138 148 144 147 8.12 8.96 8.78 8.65
Instruments and related products . 1°88 1.88 182 1.86 3.25 3.28 3.23 335
Nondurable goods industries . 1.10 Li LiL 113 0.67 0.65 0.65 0.64
Food and kindred products 092 0.92 0.90 0.92 (X) (X) (X) (X)
Tobacco products... . . 1.20 121 1:23 131 (X) &) (&) (X)
Textile mill products... 1:55 153 137 134 (NA) (NA) (NA) (NA)
Paper and allied products 14 118 119 120 (NA) (NA) (NA) (NA)
Chemicals and allied products. 133 136 135 1.40 (X) &) (X) &)
Petroleum and coal products 0.76 077 0.79 0.82 (X) &® &) (x)
Rubber and plastics products... 1.25 127 1.24 125 & & ® (X)

° Preliminary. ‘Revised. (X) Not ap

plicable, (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
Aug. Aug. Aug Au
Aug? | 1998- Aug? | 1998- Aug? | 1998- Aug? | 1998-
Aug! | 1994-] July | Aug.' | 1994-] July Aug ') 1994] July | Aug.' | 1994-] July
1999 | 1998] 1999] 1999 | _1998| 1999] 1999] 1998] 1999] 1999 | 1998 | 1999
All manufacturing industries ..... . (x) 01 Ol (x) 02 0.2 (x) 0.1 0.1 () 0.0 0.0
Durable goods industries... . .. 03 0.1 0.2 03 03 0.4 0.0 0.1 0.1 (xX) 01 0.1
Stone, clay, and glass products . (x) 04 04 (X) 0.8 05 (xX) 0.4 05 (X) 0.1 0.1
Primary metals 0.1 02 02 07 12 09 04 05 04 (Xx) 01 0.0
Fabricated metal products ........ (X) 0.2 0.3 (X) 04 04 (X) 0.2 0.3 &) 02 Ol
Industrial machinery and equipment 4 03 04} 0.1 02 03] -01 Oo. ol &) o. Oo
Electronic and other

electrical equipment . . . 0.6 04 04 09 07 13 03 0.2 0.6 (X) 0.1 0.2
Transportation equipment... .... . 0.1 06 06 02 12 10 0.0 0.1 Ol (X) 0.0 02
Instruments and related products . . . . ) 03 07 (X) 0.5 13 (X) O1 03 (xX) 01 OL
Nondurable goods industries . (X) 0.0 01 (xX) 01 0.1 &) 02 02 (xX) 0.0 0.1
Food and kindred products (Xs) O1 02 (X) (X) (X) (X) (Xx) (X) (X) 02 0.2
Tobacco products . .... &) 0.0 0.0 (X) (Xx) (x) (x) (Xx) (X) &) 0.0 Ot
Textile mill products (x) 02 03 (X)} (NA) | (NA) (X)} (NA) | (NA) (xX) 01 Ot
Paper and allied products . . © 02 02 (x) | (NA) | (NA) () | (NA) ] (NA) (X) Ol Ol
Chemicals and allied product (x) 01 0.2 (X) (X) (xX) (X) (X) (xX) (X) O1 On
Petroleum and coal products. . (Xx) 03 0.5 (X) (X) (x) (X) (X) (x) (Xx) 04 0.6
Rubber and plastics products: . &) 01 02 &) &) &) &) &) &) & 01 02

Capital goods industries :
iondefense : 0.0 02 03 0.2 03 05) 0.1 01 0.1 &) 0.1 01
Defense .... 0.1 03 06 0.0 43 42 0.0 02 02 ® 0.1 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 are the simple average

durable goods industries are shown in

ie 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.

2 Astmenme fae thin enn the Fae then tant

bo

°s of the absolute values of the differences for the months specified. The advance to final percent change revisions for the


CURRENT INDUSTRIAL REPORTS

ce
By

Manufacturers’ Shipments,
Inventories, and Orders

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

August 1999
M3-1-(99)-08
For Wire Transmissions 10:00 a.m. E.D.T. October 6, 1999

For Data - (301) 457-4673
For Questions - Frances Porter or Lee Wentela
(301) 457-4804 or (301) 457-4832

All figures in text are in seasonally adjusted current dollars

Summary

New orders for manufactured goods in August increased
$4.8 billion or 1.3 percent to $364.7 billion, the Department of
Commerce, Bureau of the Census reported today. This follows
a 2.5 percent July increase and is the twelfth increase in the last
fifteen months. Excluding transportation, new orders increased
0.8 percent, the sixth increase in the last seven months, Year-to-
date, new orders are 5.0 percent above the same period a year
ago.

Shipments increased $5.0 billion or 1.4 percent to $362.3
billion, following a 0.7 percent July increase. This is the twelfth
increase in the last fifteen months. Year-to-date, shipments are
4.6 percent above the same period a year ago.

Unfilled orders increased $2.4 billion or 0.5 percent to
$523.1 billion, following a 0.5 percent July increase. The
unfilled orders-to-shipments ratio was 2.52, down from 2.55 in
July.

Inventories decreased $0.4 billion or 0.1 percent to $464.6
billion, following a 0.5 percent July increase. The inventories-to-
shipments ratio was 1.28, down from 1.30 in July.

New Orders

New orders for manufactured durable goods in August
increased $2.5 billion or 1.2 percent to $208.0 billion, revised
from the previously published 0.9 percent increase. This is the
twelfth increase in the last fifteen months.

Transportation equipment, led by aircraft and parts, had the
largest increase, $2.3 billion or 4.8 percent to $49.5 billion. This
is the fourth consecutive increase. Fabricated metal products, up
four consecutive months, increased $0.7 billion or 3.5 percent to
$21.0 billion. Electronic and other electrical equipment increased
$0.3 billion or 0.8 percent to $38.3 billion. Industrial machinery
and equipment decreased $0.9 billion or 2.1 percent to $39.4
billion.

New orders for nondurable goods, up six of the last seven
months, increased $2.3 billion or 1.5 percent to $156.6 billion.
Petroleum and coal products, chemicals and allied products, and
paper and allied products had the largest increases.

Shipments

Shipments of durable goods in August increased $3.2
billion or 1.6 percent to $206.5 billion, revised from the

previously published 1.3 percent increase. This is the thirteenth
Increase in the last fifteen months. Transportation equipment, led
by aircraft and parts, had the largest increase, $2.6 billion or 5.3
percent to $51.4 billion. This is the largest increase since August
1998. Fabricated metal products increased $0.4 billion or 2.1
percent to $20.8 billion. Industrial machinery and equipment
decreased $0.3 billion or 0.8 percent to $39.1 billion.

Shipments of nondurable goods increased $1.7 ion or
1.1 percent to $155.8 billion. This is the sixth increase in the
last seven months. Petroleum and coal products, up seven
consecutive months, increased $0.6 billion or 3.9 percent to
$15.1 billion. Chemicals and allied products, up four
consecutive months, increased $0.5 billion or 1.3 percent to
$35.0 billion.

Unfilled Orders

Unfilled orders for durable goods in August increased $1.5
billion or 0.3 percent to $497.7 billion, unrevised from the
previously published 0.3 percent increase. Electronic and other
electrical equipment had the largest increase, $2.8 billion or 4.1
percent to $71.6 billion, due to electronic components. This is
the ninth consecutive increase. Primary metals, up seven
consecutive months, increased $0.4 billion or 1.4 percent to
$31.9 billion. Transportation equipment, led by aircraft and

arts, decreased $1.9 billion or 0.8 percent to $228.2 billion.
‘his is the fourteenth decrease in the last sixteen months.

Inventories

Inventories of durable goods in August, down eight of the
last ten months, decreased $0.8 billion or 0.3 percent to $292.7
ition.

Transportation equipment, down eight of the last ten
months, had the largest decrease, $1.4 billion or 1.9 percent to
$71.0 billion. Industrial machinery and equipment, up for the
first time since March, increased $0.2 billion or 0.4 percent to
$60.0 billion.

Inventories of nondurable goods, up five of the last six
months, increased $0.4 billion or 0.2 percent to $171.9 billion.
Petroleum and related products, up six consecutive months, had
the largest increase, $0.4 billion or 3.5 percent to $11.5 billion.

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

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



Nondefense Capital Goods 1
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars
62 62

New Orders

Shipments

57

Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug
Aug. 1997 - Aug. 1999

Defense Capital Goods
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

10 10

a New Order] | g
Shipments

BP---- 7 eee ee eee eee eee ee ee +--+ +--+ +48

4 L 1 i n 1 i 1 L 1 1 1 i 1 4
Aug Oct Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug

Aug. 1997 - Aug. 1999

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
Aug. July June | July- | June- | May- Aug. July June Aug. | Aug.
19997 | 1999" 1999 | Aug. | July | June | 1999" | 1999" 1999 1998 | 99/98
MATERIALS AND SUPPLIES
All manufacturing industries 153,472 | 153,915 | 152,952 | -03 | +06] +01 | 153,787 | 154,458 | 151,818 } 155,901 “14
Durable goods industries ......... | 92,505 ] 92,918 | 92,031 04 | +10] +04 | 93,277 | 93,582 | 91,023 | 93,739 05
Stone, clay, and glass products . . . 207 | 37204 | 33192 | +01] +04] -03 | 3,232 | 3.205 | 3184 | 3,110 $3.9
Primary metals -...........--- | 71404 | 7393 | 7,358 | +01 | +05 00 | 7491] 741 77218 | 8.074 12
Fabricated metal products 10557 | 10537 | 10440 | +02} 40.9 | +04 } 10,602 | 10,579 | 10,427 | 10.682 07
Industrial machinery and equipment 19766 | 19959 | 19999] -10] 02 0.0 098 | 20,090 | 19.913 | 20,082 +011
Electronic and other
electrical equipment . 16,060 | 16,420 | 15,913 43.2 | +22 | 16309 | 16,793 | 15,720 | 15,947 +23
Transportation equipment |... 15,298 | 15,406 | 15,270 +09 | 02 | 15261 | 15.662 | 15,116 | 15,535 “18
Instruments and related products 9182 | 9.075 | 9,014 40.7) +11 | 9204} 911 92039 | 9/388 =10
Lumber, furniture and
miscellaneous durable goods 11,031 | 10,924 | 10,845 +07 | -08 | 10990} 10,724 | 10,406 | 10.921 +06
Nondurable goods industries . . 60,967 | 60,997 | 60,921 +0.1 -04 | 60,510 | 60,876 | 60,795 | 62,162 -2.7
Food and Kindred products 11585 | 11543 | 111593 04 | -04 | 11.278 | 11342 | 11.475 | 11,103 +16
Tobacco products ...... 4'556 | 4/368 | 41595 06] -14 | 433: 4209 | 4,292 3619 “6.2
Textile mill products... : 2,864 | 2/828 | -2'873 16} +11 | 2/872 | 2.872 | 2:896 | 2.978 3.6
Paper and allied products ° Toss | 7.713 | 7,707 +0.1 | +04 | 7664 | 7.668 "669 | 8,110 35
Chemicals and allied products 15445 | 15,654 | 15,476 +12 | -14 | 153384 | 15,784 | 15,574 ] 15,527 -09
Petroleum and coal products 32251 26: 3,249 +04 | +16 | 3260 | 3288 | 3,311 | 3,324 “19
Rubber and plastics products 11: .. | 6985 | 6.916 | 6,855 +09 | +01 | 6917 | 6968 | 6823 | 6.758 424
Apparel, printing and publishing
and leather goods.........-... | 8,393 | 8,513 | 8,573 07 | 04] 8,02 | 8,745 | 8,755 | 9,743 97
WORK IN PROCESS
All manufacturing industries 145,624 | 147,073 | 146,609 403 |  -08 | 147,623 | 147,796 | 145,249 | 154,284 43
Durable goods industries . 115,525 | 116,737 | 116,086 +06 |  -1.0 | 117,598 | 117,414 | 115,081 } 124,932 39
Stone, clay, and glass products . . 1521 1469 | 11453 +i | 426 | 1541 486 | 1484 "362 | +131
Primary metals ©... 2... 81108 | 81166 | 8,195 04 | -12 | si64 | 8,283 | 8170 | 8,668 “3:
Fabricated metal products ....... | 9,009 | 8,969 | 8,966 00 | 02 | 9144] 9062 | 8987 | 9,176 -03
Industrial machinery and equipment | 21,790 | 21,839 | 21,709 40.6 | -14 | 22,266 | 21.890 | 21,530 | 23,586 36
Electronic and other
electrical equipment . 14,164 | 14,119 | 14,160 03 | -19 | 14416 | 14,232 | 14.294 | 14,470 0.4
Transportation equipment ... 45,440 | 46,856 | 46,294 +12 | 07 | 46.206 | 46.818 | 45,257 | 52,093 | -113
Instruments and related products 10,012 | 9926 | 9901 +03 | 10 | 10,283 | 10.185 | 9,957 | 10,213 +07
Lumber, furniture and
miscellaneous durable goods . . . 3481 | 5,393 | 5,378 403 | -10 | 5578 | 5,458 | 5,402 | 5,364 +4.0
Nondurable goods industries . . . 30,099 | 30,336 | 30,553 0.7 | 02 | 30,025 | 30,382 | 30,168 | 29,352 | +23
Food and kindred products - 6,105 | 6.137 | "6.146 01 | +05 | “5612 | °5,636 3665 | 5,176 | +84
Tobacco products ...... 16 82 82 0.0 0.0 16 78 18 108 | -29.6
Textile mill products |. 22... 2,435 | 2.473 | 2,490 07 | -08 | 2444] 2491 | 2,464 ] 2,681 “8.8
Paper and allied products 1664 | 1662 | 1671 05} +18] 1672 | 1670 | 1691 1,621 43.1
Chemicals and allied products 8914 | 93122 | 91292 18] 26] 8995] 9314] 9397 | 8792 | +23
Petroleum and coal products 2/846 | 2,639 | 2577 424 | +02 | 2/902 | 2636 | 2586 | 2491 | +165
Rubber and plastics products... 21257 | 2305 | 2316 05 | +10} 2256] 2280 | 2.260 | 2,229 | +12
Apparel, printing and publishing
and leather goods .........-... 5802 | 5,916 | 5,979 a9} -l1] 421 | 6068 | 6,277 | 6,030 | 6,254 -3.0
FINISHED GOODS
All manufacturing industries 165,521 | 164,055 | 163,129 | +09] +06 0.0 | 166,590 | 164,261 | 163,365 } 161,411 43.2
Durable goods industries ....... 34,677 | 83,850 | 83,558] +10] +03 0.0 | 84,975 | 83,994 | 84.031 | 81,167 +47
Stone, clay, and glass products 4300 | 4800 | 4750 | +19} +11 0.4 '309 | 4.823 | 4,843 | 4,646 43.5
Primary metals. 81127 | 8,134 | 8121 “01 | +02] +02} 8103 | 8102 | 8110} 8191 “1
Fabricated metal L222) atsaa | antgo9 | 113334 | 403] 415 | 25 | 11390 | 1bss7 | 1609 | 11112 +2'5
Industrial machinery and equipment | 181447 | 17,993 | 18159] +25) -09 | -09 | 18,429) 17,773 | 17,904 ) 18,025 422
Electronic and other
electrical equipment . . 11,061 | 10,682 | 10924 | 435] -22]) +09] 11,355 | 10,807 | 11,018 | 10,780 +53
Transportation equipment . 10262 | 10141 | 10032 | +12 {| +11 | +16} 10,425 } 10,229 | 10,127) 991 | +134
Instruments and related products - 7.910 792 7672) 02) +33 | -07 | 8,035 "974 | 7,667 | 7,520 | +68
Lumber, furniture and
miscellaneous durable goods . . . . 12,451 | 12,672 | 12,566 | 1.7] +08 | +22 | 12,429 | 12,729 | 12,753 | 11,702 | +62
Nondurable goods industries 80,844 | 80,205 | 79,571 | +08 0.0 | siois | 80,267 | 79,334 | 80244] +17
Food and Kindred products . - 20,427 | 20339 | 20298 | +04 -0.6 | 20923 | 19.968 | 19,460 | 20,549 +18
Tobacco products ...... SI 310 531] +18 59 396 35 383 507 -219
Textile mill products << -.. . - 4,157 | 4,725 | 4,744. | +0.7 +10 | 4,826 | 4,800 | 4,833 | 4,658 43.6
Paper and allied products... -. .- 6538 | 6,634 | 6.692 | -14 02 | 6526 | 6,633 | 6,706 | 6,871 5.0
Chemicals and allied products. -:. | 22:357 | 22,072 | 21,813 | +13 +05 | 22/249 | 21,921 | 21,572 | 22,170 +04
Petroleum and coal products... . 5,439 24} 4988 | 43.7 +r | °3'551 53351 5108 7013 | +10.7
Rubber and plastics products. . - Toa | 77829} 7.731) +1 04 | 7827] 7813 | 71847 | 7,521 +41
Apparel, printing and publishing
and leather goods ..........-. 12,893 | 12,853 | 12,774 | +03 oo | 13,317 | 13,423 | 13,445 | 12,955 +28



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

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Aug. July June} July-| June-} May- Aug. July June Aug.} Aug.
1999° 1999" 1999] Aug.] July June} 1999" 1999" 1999 1998] 99/98
All manufacturing industries . . . 523,069] 520,666] 518,064] +05} +05 -0.7] 524,858] 523,311] 515,003] 529,830] -0.9
Manufacturing industries
without defense capital goods ... . - 430,615 | 426,868] 424,158] +09] +06 -0.6| 433,795] 429,607] 420,615] 434,824 0.2
Durable goods industries 497,661 | 496,152] 493,888] +03) +05 -0.8} 498,361] 497,545] 490,254] 504,851 -13
Stone, clay, and glass products . . 5,993) 6,024] 6,082 05 10] -08] 6,011 6,078] 6,126] 6,482 13
Primary metals... . 311943] 31,496] 30,669) +14] 42.7) +18] 31,787] 31,544} 30,683] 31,275] +16
Blast furnaces, steel mills 12,775 12,534 12,343 +19 +15 +22 12,653 12,574 12,436 12,601 40.4
Iron and steel foundries 4978) 4893] 4.838] +17] +11 27) 4922] 4,835] 4,822] 5,585] -11.9
Nonferrous and other primary
metals... .. 14,190] 14,069] 13,488] +09] +43 14,212] 14,13} 13,425] 13,089] -+8.6
Fabricated m -. | 25369] 25,200] 25,308] 40.7) -0.4 25,586] 25,503] 25,386] 26,789) 4.5
Industrial machinery and equipment 79,356] 79,059] 78,236] +04]  +1.1 78,763 | 78,518] 77.409) 72,505] +8.6
Engines and turbines. . 22785} 22,515) 22,175} #1.2{ +15 22.496} 22,066] 21,498] 12,906] +743
Construction, mining and
material handling equipment 8,885| 8,995] 9,088 12 -1.0 8,550] 8,859] 9,168] 10,269 “16: 4
Metalworking machinery . 7,018 6971 6,681 40.7 +43 7,018 6971 6,681 7,335
Computer and office equipment . . . 8,428 8,339 8,184 +11 +19 8,674 8,587 8,181 8,164 wa
Electronic and other
electrical equipment 71,550] 68,748] 66,145] 4.1] 43.9] +15] 73,679] 70,027} 63,193] 59,696] +23.4
Electrical transmission and
distribution equipment and
industrial apparatus . . 6819} 6507} 6430) +48] 412] 404] 6,858] 6,510] 6,421 6451] +63
Electric lighting and
wiring equipment . ee $313 5375| 5,299] 12) +14] 435 5,313 5,375 5,299] 5,186] -+2.4
Communications equipment. 17,808] 18,156] 18,113 19] +02] +06] 17,760) 18,132] 18,084) 16,790] +5.8
Electronic components ......... | 35,854] 32871] 30443] +9.1| +8.0) «+1.9} 37,982] 34,302] 27,643) 25,408) +49.5
Transportation equipment ......... 228,235 | 230,164 231,745 -08 -0.7| 1.5] 227,252] 230,154] 231,774] 251,682 9.7
Aircraft, missiles,
space vehicles, and parts. . . . 193,361] 194,586] 195,163 03 192,325 | 194,576] 195,385] 216,604) -11.2
Shipbuilding and tanks . 18,668] 19,127] 19,428 “15 18,692| 19,172] 19,500] 16,938] +104
Instruments and related pro 46,853] 47,049} 47,223 -04 46,613 | 46,875] 47,080 | 48,013 29
Search and navigation equipment . | 25,858] 26,129] 26,461 “13 25,551] 26,069] 26,750] 27,080} -5.6
Measuring and controlling devices . 10,227] 10,325} 10,325 0.0 10,227] 10,325} 10,325} 10,283 0.5
Medical instruments and supplies 9898| 9,741 9,601 +15 9960] 9614] 9,152] 9,640] 43.3
All other durable goods ...... 8,362, 8,412 8,480 08 40.5 8,670 8,846 8,603 8,409 43.1
Nondurable goods industries ....... 25,408} 24,514] 24,176] +36) +14] +14] 26,497] 25,766] 24,749) 24,979] $6.1

° 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

Aug} duly | June | July-| June-| May- Aug. uly June] Aug. | Aug.
1999" | 1999" | 1999] Aug. | July} June} 199°} 1999'] 1999] 1998] 9908) 1999" | 998

All manufacturing industries... . 364,673) 359,903] 351,128] +13 +2.) +0.8| 365,478] 328,590] 370,797] 335,916]  +8.8) 2,787,337 2,652,209
Manufacturing industries
with unfilled orders ...... . . 309,672) 206,804] 197,692] +1.4 +4.6) 0.6] 207,107] 189,389] 209,737] 190,421] +8.8| 1,589,968 1,515,094

without defense capital goods 359,522) 353,427} 345,919) +1.7] 42.2) +1.1) 361,896] 323,524] 365,884] 332342] 48.9 2,741,221 |2,608,581
Durable goods industries . . . +: | 208,025) 205,532} 197,084) +12) +4.3)  +0.2) 204,869] 178,540] 209,554] 185,341] +10.5|1,577361 1,473,391
With unfilled orders... . 171,062} 168,770] 159,927] +14] 45.5) -0.81 167,190] 151.732) 170'577] 152:169| +99 1,292,245 1,217,766
Stone, clay, and glass products 8,793) 8,520) 8,527} 43.2) 0.11 +1.7] 9,293] 81593] 9,266] 83345] +114] ” 67,967] "63.88
Primary metals... 15,579] 15,730{ 15,206] -1.0 43.41 +2.7] 15,4741 14,435] 15,293] 14148] 49.4 120'334] 120°662
Blast furnaces, steel mills 6072) 5.872) 5,885) +34 0.21 +04) 5,975] 5,307] 5/829] 51356] +116 47/006] 48°937

Iron and steel foundries 1,648 1,621) 1,400} +1.7] +158] 42.91 1,674] 1334) 114251 1564) 47.0 11914] 12,215
Nonferrous and other primary

metals...
Fabricated metal products
Industrial machinery and equipmen
Engines and turbines ........
Construction, mining an
material handling equipment ... . 3,619} 3,695] 3,621
Metalworking machinery 3,809] 3.925] 3,427
Computer and office equipment 12,410] 13,281) 11,280}
Electronic and other
electrical equipment ........... 38,289| 37,976] 35,158)
Electrical transmission and
distribution equipment and
industrial apparatus...
Electric lighting and
wiring equipment .
Communications equipment
Electronic components . .
Transportation equipment . .
Aircraft, missiles,
space vehicles, and parts.
Shipbuilding and tanks. .
Instruments and related products

7,859} 8,237] 7,921 4.6] +4.01 44.4) 7,825 7,794) 8,041 7,228) +83 61,414] 59,510
20,993} 20,286} 20,284] 43.5) 0. +0.4) 21,394] 18,325] 21,509] 20,076] +6.6] 163,179} 157,876
39,401) 40,257) 36,435] -2.1] +105]  -3.6 36,779} 35,206} 42,284) 34,642} 46.2] 301,085] 290,603

2,994 2,906) 1,942] +3.0] +49.6 -31.0} 2,887] 2.428, 2,394) 3,423 15.7 22,564] 17,557

2.7) 3,260] 3,235) 3,900} 3,503 69 30,466] 34,403
6.9} 3,673] 3,344) 3,797] 3,313] +109 27,732] 26,529
2.9) 11,256 11,047] 14,774] 9,897] +13.7 89,053} 82,143.

+3.2) 38,014] 37,743] 35,607] 29,587] +28.5 276,371] 242,309

4,445 4,047} 3,736] +9.8) +83) 3.5] 4,436 3,671 3,995] 3,634) +22.1 30,859] 28,871

2,465] 2,523) 2,686] -2.3, 6.1) +204) 2,464) 2,122] 2,789] 2,198) +12.1 18,768] 17,609
8,425 8,899} 8,640] -5.3) +3.0) +32} 7,426) 7,578] 10,145) 6,084) +22.1 63,002] 54,521
17,148) 16,694) 14,305] +2.7) +167] +1.4| 17,712] 19,370] 12,566] 12,314] +43.8] 120,009. 101,318
49,487) 47,235! 46,253] +48) 42.1) 41.1 48,696] 31,078} 47,846] 45,717] +6.5] 368,074] 336,533

11,436] 10,302) 9,117] +110} 413.0) -12.1 9,850] 8,490) 9,138] 11,650] -15.5 80,942] 83,259
6. 680} 275) 9.7] 147.3] -52.5 578| 575 432) 456] +26.8 7,005 5,802
14,237] 14,166) 13,887] +0.5] +2.0|  -3.4 13,683] 12,629] 14,925] 12,764] 47.2] 111,672] 107,485

Search and navigation equipment -| 9'874| 2'875| 3.091 ool 7 0.5] 2,504) 2,196] 3,363) 2,433] +2.9] 23,796] 21/597
Measuring and controlling devices .| 4124] 4:1651 4071] -1.0] +23) +101 4/082 3,669) 4,388) 3,806] +73) 32,477) 31,473
Medical instruments and supplies . 4901 4,836 4,400] +13) +991 -12.1! 418721 4,683! 4,498) 4,237) +15.0] 37,715] 36,253

All other durable goods . . 21,246] 21362] 21,334] -0.5] +01] +0.4} 21,536] 20,531] 22,822 20,062) +73] 168,679] 154.235

Nondurable goods industries
With unfilled orders... .

156,648] 154,371] 154,044] 41.5] +0.2)  +1.6] 160,609} 150,050} 161,243] 150,575) +6.7) 1,209,976 |1,178,818
38,610] 38,034) 37,765] +15] +07] +0.4 39,917] 37,657] 39,160] 38,252 +44) 297,723) 297,328

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

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

Note : Estimates of manufacturers” shipments, inventories and orders are subject to survey error and revision, One major component of survey error is nonsampling error,
Gach includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estinace of sampling error cannot be calculated. Further
details on survey design, methodology, and data limitations are contained in’ our most recent annual berehmnak publication, Current Industrial Reports: M3-1(96),
"Manufacturers’ Shipments, Inventories, and Orders: 1987-1996."


Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS
i

ns of dollars)

FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted"

Monthly Percent Change Monthly Percent Year to date
Industry change
Avug.| July| June | July-| June-} May-| Aug. | July} June} Aug. | Aug.
1999" 1999" 1999} Aug.| July} June} 1999" 1999" 1999 1998 | 99/98 1999" 1998
All manufacturing industries . . 362,270} 357,301] 354,702] +14} +0.7]  +1.2} 363,931] 320,282} 380,057] 337,377 47.9] 2,775,465 [2,653,937
Manufacturing Industries
with unfilled orders .......... 207,269] 204,202) 201,266) +1.5)  +1.5} 0.0] 205,560] 181,081} 218,997} 191,882) $7.1] 1,578,096 11,516,822
without defense capital goods 355,775] 350,717] 348,424) +1.4)  +0.7}  +1.3) 357,708) 314,532) 373,323} 330,915 +8.1 12,724,699 |2,603,099
Durable goods industries. 206,516] 203,268] 200,990} +1.1]  +0.8) 204,053] 171,249] 219,424] 186,058) +9.7] 1,569,040 11,474,874
With unfilled orders . 169,553} 166,506] 163,833] +16} -0.1] 166,374] 144,441] 180,447] 152,886) 48.8] 1,283,924 }1,219,249
Stone, clay, and glass products . 8,824 8,578] 8,579) 0.0] +1.8} 9,360) 8,641 9,324 8,424) +111 68,027} 63,382
Primary metals... 15,132] 14,903] 14,677] +15] 41.0] 15,231] 13,574] 15,501] 14,961 +18} 117,394] 123,725
Blast furnaces, steel ills 5,831 5,681} 5,615) +12) 0.2} 5,896] 5,169} 5,933} 6,058 -2.7] 45,388} 50,694
Iron and steel foundries . . . 1,563) 1,566} 1,536] 42.0) +2.1 1,587] 1,321 1,636} 1,495) +62 12,344] 12,106
Nonferrous and other primary
metals... 2.2.00. 7,738 7,656) 7,526) +1.1] +1.7] +18) 7,748] 7,084) 7,932| 7,408 +46 59,662} 60,925
Fabricated metal products «| 20,824] 20,394) 20,544) +2.1 0.7} +0.7] 21,311] 18,208) 21,800] 20,575] +3.6] 163,027] 157,437
Industrial machinery and equipment .| 39,104] 39,434] 37,308] -0.8| | +5.7}  -0.6] 36,534] 34,097] 44,097] 34.028] +7.4] 296,763] 291,523
Engines and turbines ....... 2,724) 2,566) . -1.1] 2,457) 1,860] 2,913 2,008) +22.4 18,793} 17,185
Farm and garden machinery . . 1,822) 1,761 2.4) 1,487 1,420} 1,805 1,562 AR 16,314) 17,917
Construction, mining and
material handling equipment . 3,729] 3,788 +14] 3,569) 3,544) 4,359) 4,120) -13.4 31,549] 34,500
Metalworking machinery 3,762) 3,635: 3.1] 3,626] 3,054) 3,919] 3,298) +9.9} 27,160} 26,343
Computer and office equipment ... | 12,321] 13,126} -3.2) 11,169] 10,641] 14,920] 9,818) +13.8 88,320] 81,611
Electronic and other
electrical equipment ........... 35,487] 35,373} 34,196] +0.3] +34) +1.1] 34,362] 30,909] 37,380) 30,345] +13.2] 260,498} 235,919
Electrical transmission and
distribution equipment and
industrial apparatus 4,133 3,970] 3,712) 44.1) +74 2.8) 4,088} 3,582) 4,075) 3,633) +12.5 30,182] 28,938
Household appliances . 2,455 2,418) 2,347) +15) +34 +0.2} 2,474] 2,253] 2,729) 2,097] +18.0 18,940} 16,550
Electric lighting and
wiring equipment ...... 2,527 2,447) 2,509) +3.3] -2.5]  +5.5{ 2,526) 2,046] 2,612) 2,219] +13.8 18,477 17,350
Household audio and
video equipment ............- 1,094) 1,119] 1,078] -2.2 -1.3{ 1,138) 998] 990] 1,065} +69 7,856 7,465
Communications equipment 8,773 8,856 8,528) -0.9] +18) 7,798) 7,530] 10,054) 6,321} +23.4 62,299] 52,062
Electronic components . 14,165] 14,266] 13,726] -0.7 +15} 14,032] 12,711] 14,550] 12,855) +9.2] 105,682} 97,450
Transportation equipment . 51,416] 48,816) 49,781) +5.) +1.8| 51,598] 32,698] 52,128) 44,265] +166] 383,406] 339,368
Motor vehicles and parts ....... 35,241) 34,550] 34,813) +2.0) +6.4} 35,843} 20,450] 36,080] 30,383] +180) 263,745} 230,343
Aircraft, missiles,
space vehicles, and parts. ..... 12,661] 10,879} 11,317) +16.4 112) 12,101 9,299} 12,080} 10,505) +15.2 92,625) 84,775
Shipbuilding and tanks . . 1,073 981 910) +9.4) 8.9} 1,058 903} 97 1,003 +55 7,635 7,294
Instruments and related products ....| 14433) 14,340] 14,611 +06 +21 13,945] 12,834) 16,166] 13,346] 44.5] 112,244] 109,601
Search and navigation equipment 3,145] 3,207] 3,200) -1.9} 0. 3,022} 2,877) 3,461 3,038 0.5 24,673) 23,760
Measuring and controlling devices . 4,222) 4,165 4,118) +1.4] +1 4,180] 3,669} 4,435) 3,780] +10.6 32,435} 32,043
Medical instruments and supplies 4,744] 4,696} 4,943} +1.0 43.8) 4,526] 4,221 5,565] 4,215) +74 37,341) 35,037
Photographic goods . 1,824 1,813 1,873] +0.6] +52) 1,719| 1,619} 2,176) 1,866} 79 13,927) 15,117
All other durable goods 21,296} 21,430) 21,294) -0.6 1.0} 21,712] 20,288} 23,028] 20,114 +7.9} 167,681] 153,919
Nondurable goods industries 155,754] 154,033] 153,712) +11 +1.7] 159,878] 149,033} 160,633] 151,319) +5.7| 1,206,425 |1,179,063
With unfilled orders 37,716] 37,696) 37,433] +0.1 +0.7] 39,186] 36,640) 38,550] 38,996) +0.5) 294,172] 297,573
Food and kindred products 41,624) 41,309) 42,055) +0.8 +14) 42,380] 39,577] 43,209] 41,924) +1.1} 328,052} 321,414
Meat products . . . 8,982] 8,775) 9,040] +2.4 +3.91 9,375) 8,678] 9,345) 9,148 42.5 69,666] 69,460
Dairy products . 6,412] 6,273 6,475] +2.2 +10) 6,421 5,909] 6,668} 6,330) +14 51,074} 48,180
Beverages .. . 6,374) 6,314 6,324) +1.0) +10} 6,880] 6,621 7,183 6,553 +5.0 50,954) 49,124
All other foods, except fats and oils 18,132] 18,246} 18,398} -0.6] +0.4) 17,980] 16,668} 18,195) 17,843 +0.8) 141,652] 138,081
Tobacco products ...... 4,283) 4,265 4,230] +0.4 +41 4319) 4,157 4,501 3,611] +19.6 33,269] 27,186
Textile mill products 6,472 6,540] 6,447) -1.0} 13} 6,853! 6,045, 7,019 7,040 2.7 51,609] 54,301
Broadwoven fabrics and
other textiles ........ 3,664) 3,713 3,732) 13 -0. 3,768) 3,253 4,034) 4,086) -78 29,681} 32,976
Paper and allied products ... . 13,895] 13,575] 13,460] +2.4 +0.5) 14,151] 13,208] 14,038] 14,037 +0.8} 107,968] 111,161
Pulp, paper, and
paperboard mill products -. . 5,441 5,244] 5,192] +3.8) +3.0) 5,566) 5,162) 5,366 5,383) +34 41,423) 43,167
Paperboard containers and boxes 3,545] 3,391 3,329] +4.5 +19) 3,642] 3,275, 3,439] 3,666) 0.7 26,909] 29,037
Miscellaneous converted
paper products 4,909} 4,940] 4,939) -0.6 0. 2,8] 4,943) 4,771 5,233] 4,988 09 39,636] 38,957
Chemicals and allied products 35,026] 34,569] 34,483) +13] +02) +2.7] 34,565] 33,033] 36,988] 31,647) +9.2) 271,697} 261,745
Industrial chemicals . 15,256} 15,267} 15,070] -0.1] +13} +2.8} 15,363] 14,960] 16,047] 14,726) +4.3) 120,085] 122,408
Drugs, soaps, and toiletries . 15,746] 15,448) 15,446] +19 0.0] +2.3) 15,582] 14,495] 16,369] 13,690] +13.8] 118,216] 105,859
Petroleum and coal products . . . 15,131] 14,563) 13,703} +3.9] +63] +5.0] 16,209] 15,083) 14,467) 12,364) +31.1] 104,128) 99,217
Rubber and plastics products . 13,757] 13,376] 13,609] +2.8 -L.7] +0.9} 14,053} 12,292] 14,495) 13,451 +45] 109,133] 105,790
All other nondurable goods . 25,566] 25,836] 25,725} -1.0] +04} +0.5) 27,348} 25,638} 25,916} 27,245 +0.4] 200,569] 198,249

T Preliminary. Revised