Table 4. VALUE OF MANUFACTURERS’ INVENTORIES FOR INDUSTRY GROUPS

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July} Aug-]  July-}  June- Sept, Aug. July Sept.} Sept.
197° 197" 1997] Sept.} Aug. July} 1997" 197" 1997 1996} 97/96
All manufacturing industries 449,136] 448,447] 446,602] +02] +04] +404] 448,670] 452,128] 448,123] 431,950] 43.9
Manufacturing industries
with unfilled orders 298,055} 298,344] 297,046] -0.1] +04] +06] 297,615] 302,607] 299,850] 286,178]  +4.0
without defense capital goods... 432,651] 432,336] 430559] 40.1] +04] +04] 431.858] 435.685] 431.679] 414.865] 441
Durable goods industries. 282,060] 281,878] 280,800) +0.1| +04] +0.6] 281,398] 285,033| 282366] 269,918] +43
With unfilled orders 258.411] 258,940] 257.852] 0.2! +04] —-+0.7] 257,962] 262.433] 259.899] 247234] 443
Stone, clay, and glass products . 8,745] 8,707] 8,701] +04] +0.1 08] 8,552] 8.674] 8.780] 8255] 43.6
Primary metals... 24,809] 24,895} 24,802 03] +04) 402] 24,751} 24.971} 24.891] 24309] +18
Blast furnaces, steel mills” 12,060} 12,091} 12,067} -03} = 40.2} = --0.5] 12,060] 12,069] 12.041] 11994] 406
Iron and steel foundries 1,657 1,642 1651] +09}  -0.5 “1.0 1,621 1,612 1,644 1,609} +07
Nonferrous and other primary
metals : 11092} 11,162] 11,084} 0.6] +07] +124 11,070] 11,290] 11,206] 10,706] 43.4
Fabricated metal products 28,892] 28,639] 28,547) +09] +03] +02] 28,634] 28.668] 28818] 27.053] +58
Industrial machinery and equipment 60,118} 60,241] 60,187] -0.2) 40.1] 40.7] 59,669] 61,170] 60363] 58.595] +18
Engines and turbines : 3,733) 3,657] 3,658] 42.1 00, +09] 3.831 3,853] 3,718] 3,754) 42.1
Farm and garden machinery... . . 3,241 3261] 3,308] = -06] = -14] 40.77 3,043] 3.063] 3,083] 2.824] +78
Construction, mining and
material handling equipment 7,932 7,901 7,867 +04 +04 +14 7,853 7,840 7,788 7,370 +6.6
Metalworking machinery ....... 7172) 7,259] 7312) 12] 0.7] 02] 7251 7,550] 7489] 73317] -09
Computer and office equipment 11,951] 12;083] 12,090) «tt Ol] +17] 11,676] 12.742} 12301 123220] -4'5
Electronic and other
electrical equipment 39,986} 40,176] 40,290] -0.5 03] +15] 39,949] 40,946] 40,899] 39,296] +1.7
Electrical transmission and
distribution equipment and
industrial apparatus... . 5.238] 5.255} 5,285} -03] = 06] = 0.6} 5,237] 5317] 5,322] stor} 42.7
Household appliances 2,743! 2,784] 2,862) ns] 2.7] 424 2,587| 2,716] 2.834] 2,656] -2.6
Electric lighting and
wiring equipment . 3,389} 3,382) 3,375) 40.2] 402] 40.6] 3,342] 3,448] 93.47] as7] aa.
Household audio and
video equipment .... . 1541 1,582 1652] 26) 4.2] +104 1,586 1,710 1,767 1694] -6.4
Communications equipment 10,865] 10,915] 10,990] -05] = -07] 43.6] 10.900] 111147] 11.082] 10,242] 46.4
Electronic components 12,862] 12,811] 12,586} +04) +18] = -04} = 12,939] 13.039] 12.791] 12904] = -0.4
Transportation equipment . . 67,843 | 67,486] 66,896] +05] 409] +08] 68,081] 68371] 67.103] 62.069] +9.7
Motor vehicles and parts . . 17,091} 16,713] 16958] +23 “14 0.0} 17,231} 16,990} 17,046] 16,758] 42.8
Aircraft, missiles,
space vehicles, and parts. 46,035] 46,038] 45,193 00) +19) +10] 46,150] 46,604] 45,327] 40,506] +13.9
Shipbuilding and tanks .. . 1,623 1,587 1,587 423 0.0 -L7 1,600 1,573 1,595 1,712 6.5
Instruments and related products 24,883] 25,019] 25,000} 0.5] +01] +05] 25,002] 25,510] 25.298] 24,563] +18
Search and navigation equipment 6171 6306] 6,321 21 02] +10] 6.183 6.463] 6.449] 6.075] 418
Measuring and controlling devices . 7,787| 7,829] 7.890] -0.5 08] 02] 7,787] 7.960} 7,999] 7,639] -+1.9
Medical instruments and supplies 7,949} 7,930] 7,855} +402] +10] +10] 7925] — 80st 7,880] 7,500} +5.7
Photographic goods 2313] 2,294] 2284] +08] +04 03] 2449] 2373) 2317, 2,734] -10.4
All other durable goods 26,784} 26,715} 26,377] 40.3] +13] 0.1] 26,760] 26.723] 26.214] 25.778) 43.8
Nondurable goods industries 167,076 | 166,569] 165,802] +03] +05} +01] 167,272] 167,095] 165,757] 162,032] +32
With unfilled orders 39,644] 39,404] 39,194] 40.6] +05 -O.1} 39,653} 40,174] 39,951] 38,944] 41.8
Food and kindred products 35,356] 35,229] 35,103] 40.4] 40.4) = -0.3] 36,197] 35,030] 33.963] 35564] 418
Meat products : 3,866] 3,881 3.868] -04} +03] +03] 3.858] 3.810! 3.867] 3,735] 433
Dairy products . 3163] 3.141 3,128] 40.7) +04) 32] 3,198] 3.230 93.273] 3.296] 3.0
Beverages 7,027} 6,866] 6,737) +23] +19] +12] 7.189] 6.733] 6 601 6,785] +60
All other foods, except fats and oils 19,426] 19,521] 19,558} = -05] = -02] = 40.1] 20.417] 19,694] 18.531] 20197] +1.1
Tobacco products 6,039] 6140] 6.223 16} -13] 404] 5,912] 5,834] 5,695] -5'870] 40.7
Textile mill products . 10,314] 10,294] 10,241] 40.2) +05] 40.2] 10,113] 10,386] 10380] 9782] 43.4
Broadwoven fabrics ani
other textiles 6419] 6,404] 6361] 40.2] 40.7 00} 6,271 6.447] 6.432] 6123] 42.4
Paper and allied products 16,159] 15,941] 15,859] +14] +05] 40.2] 16,038] 15,899] 15,800] 16305] -1.6
Pulp, paper, and
Paperboard mill products. . . 6,582] 6,560] 6550] +03) +02] -01 6536] 6,552] 6,478] 6,836] 4.4
Paperboard containers and boxes 3,840] 3,832] 3.831] 40.2 00} +08! 3.840] 3,820] 3,821 3919] 20
Miscellaneous converted
Paper products... . 5,737] 5,549] 5,478] 43.4] +13] 403] 5,662 5.527] 5,501 5,550] +2.0
Chemicals and allied products 43,119] 42,633] 42,847] +11] 40.2) +04] 42,845] 42'588] 42.675] 40360] —-+6.2
Industrial chemicals 19,882] 19,807] 19,611} +04] +1.0] = 40.1] 19,842] 19.744] 19,592] 19.081] +4.0
Drugs, soaps, and toiletries 17,882] 17,539] 17,697] +20] 0.9] +09] 17.936] 17,863] 18,057] 16520] +86
Petroleum and coal products 12,199} 12,431] 12,171 19] 421 -15] 12,299] 12,594] 12325] 12,319] -02
Rubber and plastics products 16,316] 16,361] 16,299] 03) +04) 40.3) 15971] 16,159] 16281] 15165] +53
All other nondurable goods 27,574] 27,540} 27,359] 40.1] 40.7] = +0.4] 27,897] 28,605] 28.638] 26.667] +46

° Preliminary. * Revised

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


10 Total Manufacturing
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

380 380
New Orders

360 F- - - ~~ rns Shipments |—4 360

340 340

320 320
300 300
280 L Le 1 1 i 1 1 1 1 nN 1 1. 1 280
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1995 -Sep. 1997
Total Manufacturing
Ratio of Unfilled Orders and
Inventories to Shipments

V/S Ratios UO/S Ratios
2.5 3.9
2.4 3.8
2.3 3.7
2.2 3.6
2.1 3.5

2 3.4
1.9 3.3
1.8 3.2
1.7 3.1
1.6 3
1.5 2.9
1.4 2.8
1.3 2.7
1.2 1 L 1 1 i i 1 1 1 1 1 1 1 2.6

Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
Sep. 1995 - Sep. 1997
Note: All Charts based on seasonally
adjusted current dollars.


7
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
Sept. Aug. July | Aug- } July- | June- Sept. Aug. July Sept. | Sept
197° 197" 1997 | Sept. | Aug. | — July 197" 1997" 1997 1996 | 97/96
UNFILLED ORDERS
All manufacturing industries ©... . 528,187 | $27,033 | 522,171 40.2] +09 -0.3 | 522,891 | 527,147 | 523,719 | 502,796 +4.0
Market categories :
Automotive equipment 2424 | 2,432 | 2,418 03 | +06] +03 | 2428] 2494] 2420} 2277 +66
Home goods and apparel 9,237 | 8886 | 8977] +40] -10] 455] 9566] 9,486 | 9842 | 91246 43.5
Consumer staples 2,294 | 2368 | 2,458 “31 37 | +36) 2,457 | 2,673 | 2.750 | 2184 | +125
Machinery and equipment . . 234,295 | 233,907 | 232,570 | +02} +06) -0.1 | 233,291 | 233,761 | 232.635 | 227146 42.7
Business supplies... . . 6,880 | 7,017 7MN2 20] +3] +409] 6976 | 7297 | 7371 6,698 +42
Construction materials
and supplies 17,255 | 17,219 | 17,159 | +02} +403 | +11 | 17,316 | 17,347 | 17305 | 16,163 +71
Defense products . 101,737 | 102,311 | 102,995 06 | 0.7 -0.3 | 99.204 | 100,622 | 102,319 | 100,658 “14
Other materials, supplies and
and intermediate products... . . 154,065 } 152,893 | 148,482 | +08] +30]  -14 | 151,653 | 153,467 | 148,987 | 138,424 +96
Durable goods industries :
Nondefense capital goods 253,048 | 252,628 | 251,538 | +02] +04 -0.3 | 251,948 | 252,016 | 251,139 | 245,373 42.7
Excluding aircraft and parts 100,687 | 99,263 | 99,135 | +14] +01 | +17 | 99/587 | 98651 | 98:736 | 94’584 453
Defense capital goods ‘ . 106,249 } 106,848 | 107,657 06] 08 -0.3 | 103,719 | 105,135 | 106,953 | 105,657 “18
Durables excluding capital goods 142,826 | 141,551 | 136,768 | +09] 43.5 -0.8 | 140,982 | 143,179 | 138,093 | 127,130 | +109
Miscellaneous series :
Producers’ durable equipment . . 272,262 | 271,578 | 270,332 | +03] +05 | +01 | 271,633 | 272,198 | 270,801 | 263,543 43.1
Household durable goods... ... . 436 | 6.212 | 6360] +36] 23] +75 | 6.688 | 6.605 6,878 5,769 | +159
Information technology industries 39,050 | 38,822 | 39,307 | +06] -12] +36] 38.876 | 38,956 | 30.467 | 34951 | +112
Health care equipment
and products 7,936 | 7,985 7,838 06] +9] -06] 7.859] 8,010 177 7,846 +0.2
TOTAL INVENTORIES
All manufacturing industries 449,136 | 448,447 | 446,602 | +02} +04] +04 | 448,670 | 452,128 | 448,123 | 431,950 43.9
Market categories :
Automotive equipment . . 8496 | 8,231 8,361 +32] -16] 05 8539 | 8376] 8367 | 8311 42.7
Home goods and apparel 32,732 | 32,808 | 32,754 02} +02] +15 | 32616 | 33,504 | 33,634 ] 31,340 +41
Consumer staples... . - 69,250 | 68,976 | 68,942 | +04 00 0.0 | 70,149 | 69,116 | 68,020 | 67,832 +34
Machinery and equipment 113,291 | 113,816 | 113,279 0.5 | +0.5 | +09 | 112,783 | 115,497 | 113,512 | 103,678 +6.7
Business supplies 26,900 | 26,751 | 26340] +06] +16 -08 | 27,009 | 27,162 | 26.682 | 25.969 +40
Construction materials
and supplies. . 27,645 | 27,575 | 27,458 | +03] +04] +03 | 27,384} 27,532 | 27,613 | 26,280 +42
Defense products . 16,146 | 15,800 | 15,757 | +22] +03] +07] 16.400 | 16.063 | 16095 | 16,596 -12
Other materials, supplies and
and intermediate products 154,676 | 154,490 | 153,711 | +01 | +05 | +02 | 153,790 | 154,878 | 154.200 | 149,944 42.6
Durable goods industries :
Nondefense capital goods * 107,381 | 108,103 | 107,363 0.7 | +0.7 | +11 | 106,881 | 109,883 | 107,789 | 99,650 473
Excluding aircraft and parts 71,807 | 72,127 | 72,065 04] 40.1 | +11 | 71,516 | 73.535 | 72.661 | 70,141 42.0
Defense capital goods‘... 16,485 | 16111 | 16,043 | +23] +04] +07] 16812 | 16443 | 16444 | 17/085 “16
Durables excluding capital goods 158,194 | 157,664 | 157,394 +03 | +02 +0.2 | 157,705 | 158,707 | 158,133 | 153,183 43.0
Miscellaneous series :
Producers’ durable equipment 182,407 | 183,108 | 183,008 -0.4 +0.1 +0.7 | 181,696 | 185,541 | 183,833 | 173,050 +5.0
Household durable goods ---+ | 16,288 | 16,377 | 16,424 0.5 0.3 +19 | 16,188 | 16,696 | 16,653 | 15,636 +35
Information technology industries. | 34°96 | 35°29 | 3°360 08} 02] +15 | 34869 | 36419 | 35,904 | 34.755 +03
Health care equipment
and products . 17,648 | 17,448 | 17,455 | +11 0.0} +10} 17,652 | 17,741 | 17,673 | 16,465 47.2

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
Sept.] Aug.} July | Aug-| July-] June-] Sept] Aug.} July | Sept. | Sept.
1997°| 1997] 1997] Sept.] Aug.} July] 1997°] 1997'] 1997] 1996] 97/96 | 1997" | 1996
SHIPMENTS
All manufacturing industries 335,321) 330,178] 332,895] +1.6] -0.8)  +1.4) 358,110] 331,637] 299,786] 336,555] +64] 2,938,357 [2,777,055
Market categories :
Automotive equipment 14,710| 14,733] 14,937) -0.2) 1.4) +44) 15,477] 14,637] 10,014] 15,391] +0.6] 128,862] 124,877
Home goods and apparel 19,530] 18.859] 19,104] 43.6) -1.3]  +0.1] 22.357] 20.019} 17,772] 20,864 +7.2] 169,655] 161,754
Consumer staples . . 69,430] 69.544] 69,346] -0.2] +0.3] +04) 73.538] 71,183| 67,061] 71,495] 42.9] 616,604] 591,682
Machinery and equipment 61,814] 60,118] 61,741] +2.8] -2.6]  +3.3) 67,594] $7,137] 51.380] 61,661] +96] 526,282] 481,555
Business supplies . 25,880] 25,636] 25,697] +1.0] -0.2] +0.9} 26,931] 25,960] 24,324] 25,594] +5.2] 227,840) 218,381
Construction materials
and supplies 21,177] 20,814) 21,382] +17} -2.7) +3.1] 22,783] 22,018] 20,743] 21,405] +6.4] 187,869] 175,796
Defense products . . . ; 6.468] 6.488] 6,737] -0.3} -3.9{ 6.956] 6,301] 6,037] 7,002] --0.7] $8,987] 56,505
Other materials, supplies and
and intermediate products 116,312] 113,986] 113,951] +2.0] 0.0] +1.) 122,474} 114,382] 102,455] 113,143} — +8.2] 1,022,258] 966,505
Durable goods industries :
Nondefense capital goods * 48,640] 46,897] 48,058] +3.7 42.7] 54,544] 43,873] 41,286] 48,359] +12.8] 408,458] 368,918
Excluding aircraft and parts 41,365] 39.982] 40,454] +3.5 +L} 46,773| 37.470] 34.588] 42,219] +10.8| 348,269] 323,330
Defense capital goods * ..... 6,082] 6,116} 6,346} -0.6| -4.7| 6544) 5,882] 5,599] 6,666) -1.8} 55,450] 53,119
Durables excluding capital goods . | 130,623] 128,118] 129,423] +2.0} +1.7] 139,216] 128,769] 109,405] 129,204] +7.7] 1,140,398 ]1,067,493
Miscellaneous series :
Producers’ durable equipment 119,255] 116,501] 118,171] +24] 1.4} 42.2) 129,245] 113.444] 95,863] 119.459] +8.2]1,026,106] 956,094
Household durable goods -..} 10,086} 9,496} 9,660] $6.2] -1.7] -2.9) 11.719] 9.637] 8380] 10,596} +10.6] 85,637) 79,769
Information technology industries .| 23,161] 22,764] 22,774] +1.7 +2.1] 27,362] 21,083) 18,700] 24,171] +132) 192,825] 175,145
Health care equipment
and products . 11,220] 10.914] 11,131] 42.8) -1.9]  -0.5] 12,294) 10,689] 10,307] 11,736] +4.8] 98,186] 91,962
NEW ORDERS
All manufacturing industries 336,475| 335,040] 331,138 +04] +1.) +0.5] 353,854] 335,065] 300,000] 335,124) +5.6] 2,949,029 |2,802,817
Market categories :
Automotive equipment 14,703] 14,746} 14,946] -0.3 +44) 14,711] 10,087] 15,345] +0.4| 129,088] 124,918
Home goods and apparel 19881] 18.768] 19.575] +5.9 +14 19,663] 18,622] 20,570] +9.1] 171,715] 163,499
Consumer staples . 69,356] 69,455] 69.431] -0.1 +0.4) 71,106] 67,446] 71.273] +29] 616,901] 591.987
Machinery and equipment 62,202] 61,456) 61,599] +1.2 423) 58.264] 51,584] 63,897] +5.0] 531,001} $00,370
Business supplies . . 25,743] 25,541] 25,759] +0.8 +08) 25:886| 24,548] 25,435] +4.6| 228,206] 218,739
Construction materials
and supplies .......---. 21,213] 20,873] 21,574] +1.6 43. 21,970] 21,058] 21,493] +59] 189,057] 176,515
Defense products . . . 5,893] 5,805] 6,423) +1.5 4 4,604] 4,368] 5,706] -2.9] 51,085] $7,474
Other materials, supplies and
and intermediate products 117,484] 118,396] 111,831] -0.8] +59] -1.4] 120,662] 118,861] 102,287] 111,405} +8.3] 1,031,976] 969,315
Durable goods industries :
Nondefense capital goods * 49,060] 47,987) 47,412] +2.2] +12} +04] 54,476] 44,750] 40,917] 51,253] +63] 410,883) 387,938
Excluding aircraft and parts 42,789] 40,110] 42,136 +67] -4.8] +6.6| 47,709] 37,385] 36,547] 40,867] +16.7] 354,081] 324,265
Defense capital goods * . 5.483) 5.307| 5.977] +33] -11.2)  -4.7] 5,128] 4.064] 3,813] 5,557) -7.7] 47,491] 54,474
Durables excluding capital good: 131,898] 132,901] 128,290] -0.8]  +3.6 +0.1] 137,019] 133,855] 110,783] 126,490] +8.3] 1,155,007 ]1,071,265
Miscellaneous series :
Producers’ durable equipment . 119,939] 117,747| 118,555] +1.9] -0.7| +2.1] 128,680] 114,751) 97,741] 120,982] +6.4] 1,034,729] 975,308
Household durable goods... . . 10,310| 9,348] 10,105} +10.3] -7.5) 0.8) 11,802} 9,364] 9.212) 10,354] +14.0) 87,525] 80,578
Information technology industries 23,389| 22.279] 24,153) +5.0]  -7.8) +63] 27.282) 20.572) 20,273) 22,573] +20.9] 196,611} 173,588
Health care equipment
and products... . 117i] 11,0621 11,082) +10] -0.2[ 40.8} 12,143] 10,921] 10,431] 11,758] +3.3] 98,588] 92,464

Preliminary. ‘ Revised.

' Topical series are regroupings of the separate industry categories.
? Shipments and new orders arc 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 mi

handling equipment; metalworking machinery;

industry machinery; electrical transmission and distribution equipment; u
and parts; ships and tank components; railroad equipment; and search and navigation equipment.

+ Defense capital goods industries include ;
and tank components; and search and navigation equipment.

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

special industry machinery; general industrial machinery; computer and office equipment; refrigeration, heating and s
electrical industrial apparatus; communications equipment; aircraft, missiles, space vehicles, and c1

ordnance and accessories; communications equipment; aircraft, missiles, space vehicles, and engines and parts; ships,


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 Sept. Aug. July June Sept. Aug. July June

1997" 1997" 1997 1997 1997" 1997" 1997 1997

All manufacturing industries . . 134 136 134 135 2.19 2.85 2.80 2.84

Durable goods industries 152 156 133 135 3.30 3.38 3.32 3.36

Stone, clay, and glass prodi 113 1s Mit 117 0:36 0.39 0:38 097

Primary metals. cee 1.60 1.62 159 1.60 215 2.10 2.04 2.01

: Fabricated metal products. . : 149 150 130 131 146 1.46 1.46 1.46

f Industrial machinery and equipment 172 77 172 174 2.24 230 223 226
Electronic and other

electrical equipment ...... : 129 133 137 134 1.80 1.83 1.75 1.84

: Transportation equipment... 2. |. 157 138 152 137 10.94 1130 1087 W117

: Instruments and related products... . 133 191 1:88 1:89 3.55 3.74 3.70 3:58

Nondurable goods industries Lit 1.12 Lu 112 0.70 071 071 0.71

Food and kindred products 0:88 087 0.87 0:88 (X) (X) (x) (X)

Tobacco products . . : 1:80 191 1:96 1.94 (x) (X) ) X)

Textile mill products «2-2. 149 V1 147 1:52 (NA) (NA) (NA) (NA)

Paper and allied products. . 117 Lis 119 19 (NA) (NA) (NA) (NA)

Chemicals and allied products : 131 131 130 129 & (X) (X) (X)

Petroleum and coal products 0.79 0.79 0.80 0.82 &) 100) &) &)

Rubber and plastics products << | | 130 133 130 132 &) &) (X) (%)

° 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 machine
motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; knitting mill products; apparel and related products: chemice
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
Sept. Sept. Sept. Sept.
Sept? | 1996- Sept? | 1996- Sept? | 1996- Sept? | 1996-
Sept.’ | 1992-] Aug. | Sept! | 1992-} Aug. | Sept! | 1992-] Aug. | Sept! | 1992-] Aug.
1997 | 1996 | 1997] 1997] 1996] 1997} 1997] 1996] 1997] 1997] 1996 | 1997
All manufacturing industries... . (x) 0.0 02 (9) 0.1 02 (9) 0.0 0.1 (x) 01 0.0
Durable goods industries... . . 0.2 01 02 07 02 03 0.1 ol 01 (x) 01 01
Stone, clay, and glass products... . . (X) 05 0s (X) 06 09 (X) 02 08 (Xx) 01 02
Primary metals... . 0.1 02 02 0.1 09 08 “0.1 05 03 & 01 0.0
Fabricated metal products. . on (xX) 04 03 (X) 0.6 0.6 (x) 02 04 (X) 02 0.1
Industrial machinery and equipment 02 04 03 02 06 08 O41 1 02 &) od ol
Electronic and other

electrical equipment : | 04 05 ou 07 12 02 02 05 (x) 0.2 01
Transportation equipment . . . : 0.1 06 04 21 10 10 02 01 02 &) 02 01
Instruments and related products . . (es) 03 05 (x) Ml 14 (X) 0.2 03 (X) 04 02
Nondurable goods industries . . . x) 01 01 x) 02 0.1 fea) 05 03 (x) Ou Ol
Food and kindred products . eee (x) 02 04 (x) (64) (xX) (xX) (X) (X) (x) 02 02
Tobacco products ....... sees (xX) Ol 0.1 (X) (X} (X) (X) (x (X) (X) 0.0 0.0
Textile mill products... . . & 02 03 (| (NA) | (NA) (X)] (NA) | (NA) & O1 02
Paper and allied products... 2... . (X) 03 0.4 (X) | (NA) | (NA) (X) | (NA) | ONA) (xX) 0.1 0.1
Chemicals and allied products... . . &) 03 02 () &® (X) (X) &) &) &) 02 O1
Petroleum and coal products. a (xX) 02 02 (X) (X) (X) (X) (X) (X) (X) 02 0.5
Rubber and plastics products (X) oO. 04 (X) (xX) (X) (xX) (X) (X) (X) 0.2 02

Capital goods industries :
Nondefense es : 04 04 0.4 07 06 0.5 02 0.0 0.1 (xX) 01 01
Defense . . fees - -0.1 06 06} 112 31 33 02 01 02 &) 02 O1

(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. TI
monthly averages are the simple averages of the absolute values of the differences for the months specified. The advance to final percent change revisions for t
durable goods industries are shown in the advance report for the month.

' The current month revisions are the difference between the advance percent change and the percent change as shown in this publication.
* Average for this month for the last five years.


CURRENT INDUSTRIAL REPORTS

oe

ay

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

Manufacturers’ Shipments,
Inventories, and Orders

September 1997
M3-1-(97)-09
For Wire Transmissions 10:00 a.m. E.S.T. November 5, 1997

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

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

Summary

New orders for manufactured goods in September increased $1.4 billion
or 0.4 percent to $336.5 billion, the Department of Commerce, Bureau of the
Census reported today. This follows a 1.2 percent August increase and is
the fourth consecutive monthly increase. Excluding transportation, new
orders increased 0.7 percent, following a 0.9 percent August increase. Year
to date, new orders are 5.2 percent above the same period a year ago.

Shipments increased $5.1 billion or 1.6 percent to $335.3 billion,
following a 0.8 percent August decrease. This is the third increase in the
last four months. Year to date, shipments are 5.8 percent above the same
period a year ago.

Unfilled orders, up four of the last five months, increased $1.2 billion or
0.2 percent to $528.2 billion, following a 0.9 percent August increase. The
unfilled orders-to-shipments ratio was 2.79, down from 2.85 in August.

Inventories, up fourteen of the last fifieen months, increased $0.7 billion
or 0.2 percent to $449.1 billion, following a 0.4 percent August increase.
‘The inventories-to-shipments ratio was 1.34, down from 1.36 in August.

New Orders

New orders for manufactured durable goods in September increased $0.2
billion or 0.1 percent to $186.4 billion, revised from the previously published
0.6 percent decrease. This follows a 2.5 percent August increase and is the
fourth consecutive monthly increase.

Primary metals had the largest increase, $0.7 billion or 4.2 percent to
$16.6 billion, following a 2.1 percent August decrease. Industrial machinery
and equipment, up three of the last four months, increased $0.6 billion or 1.7

reent to $35.3 billion. This follows a 1.1 percent August decrease.
‘abricated metal products increased $0.5 billion or 2.7 percent to $19.7
billion. This follows a 0.4 percent August decline and is the first increase
since June. Instruments and related products, up three of the last four
months, increased $0.5 billion or 3.6 percent to $13.1 billion. This follows
7. reent August decrease. Stone, clay, and glass products increased
$0.3 ion or 4.0 percent to $7.7 billion, following a 2.3 percent August
decline. Electronic and other electrical equipment, down three of the last four
months, had the largest decrease, $2.6 billion or 7.6 percent to $31.5 billion,
due to electronic components. This follows a 29.4 percent August increase.
Transportation equipment, down two of the last three months, decreased $0.5
billion or 1.2 percent to $42.5 billion, due to declines in aircraft and parts
and motor vehicles and parts. This follows a 3.1 percent August increase.

New orders for nondurable goods, up three of the last four months,
increased $1.2 billion or 0.8 percent to $150.0 billion, following a 0.4
percent August decrease. Led by chemicals and allied products, all
industries increased except petroleum and coal products and food’ and
kindred products.

Shipments

Shipments of durable goods in September increased $4.2 billion or 2.3
percent to $185.3 billion, revised from the previously published 2.1 percent
increase. This follows a 1.5 percent August decrease and is the third
rease in the last four months.

Industrial machinery and equipment, up three of the last four months,
had the largest increase, $1.0 billion or 2.9 percent to $35.0 billion. This
follows a 2.6 percent August decrease. Electronic and other electrical
equipment, up four of the last five months, increased $0.8 billion or 2.8

percent to $31.1 billion. This follows a 2.9 percent August increase
Instruments and related products, up three of the last four months, increased
$0.6 billion or 4.2 percent to $13.6 billion, following a 1.9 percent August
decrease. Transportation equipment increased $0.4 billion or 1.0 percent to
$43.2 billion, as increases in aircraft and parts and railroad equipment more
than offset a'decline in motor vehicles and parts. This follows a 2.7 percent
August decrease and is the third increase in the last four months. Fabricated
metal products, up for the fourth consecutive month, increased $0.3 billion
or 1.7 percent to $19.4 billion. This follows a 0.3 percent August increase.

Shipments of nondurable goods, up two of the last three months,
increased $0.9 billion or 0.6 percent to $150.0 billion. This follows a slight
August decrease. Chemicals and allied products had the largest increase,
$0.5 billion or 1.5 percent to $33.0 billion. This follows a 0.9 percent
‘August decrease and is the first increase since April.

Unfilled Orders

Unfilled orders for durable goods in September increased $1.1 billion or
0.2 percent to $502.1 billion, revised from the previously published 0.1
percent increase. This follows a 1.0 percent August increase and is the
fourth increase in the last five months.

Primary metals, up for the ninth consecutive month, had the largest
increase, $1.1 billion of 3.3 percent to $33.4 billion, following a 1.7 percent
August increase. Electronic and other electrical equipment, up four of the
last five months, increased $0.5 billion or 0.9 percent to $55.8 billion. This
follows a 7.6 percent August increase. Fabricated metal products, up for the
twenty-first consecutive month, increased $0.3 billion or 1.1 percent to $26.6
billion. This follows a 0.4 percent August increase. Industrial machinery
and equipment, up for the third consecutive month, increased $0.3
0.4 percent to $73.9 billion, following a 0.9 percent August increase.
Transportation equipment decreased $0.7 billion or 0.3 percent to $249.2
billion, due to aircraft and parts. This follows a 0.1 percent August increase
and is the second decrease in the last three months. Instruments and related
products declined for the second consecutive month, down $0.5 billion or 1.0
percent to $48.4 billion. This follows a 0.8 percent August decline.

Inventories

Inventories of durable goods in September, up fourteen of the last fifteen
months, increased $0.2 billion or 0.1 percent to $282.1 billion. This follows
a 0.4 percent August increase, Transportation equipment, up for the twenty-
first consecutive month, increased $0.4 billion or 0.5 percent to $67.8 billion.
This follows a 0.9 percent August increase. Fabricated metal products, up
for the twelfth consecutive month, increased $0.3 billion or 0.9 percent to
$28.9 billion, following a 0.3 percent August increase. Electronic and other
electrical equipment, down for the second consecutive month, decreased $0.2
billion or 0.5 percent to $40.0 billion. This follows a 0.3 percent August
decrease.

Inventories of nondurable goods, up thirteen of the last fourteen months,
increased $0.5 billion or 0.3 percent to $167.1 billion, following a 0.5
percent August increase. Increases led by chemicals and allied products
more than offset decreases led by petroleum and coal products.

By stage of fabrication, September finished goods decreased 0.5 percent
in durables and increased’ 0.1 percent in nondurables. Work in process
decreased 0.2 percent in durables and increased 0.4 percent in nondurables,
Materials and supplies increased 1.0 percent in durables and 0.5 percent in
nondurables.

Our internet site address is: http://www.census.gov/ftp/pub/indicator/www/m3/index.htm

‘The advance report on durable goods for October is scheduled for November 26, 1997 at 10:00 a.m. and the full report on December 5. 1997 at 10:00.a.m. For sale bv the Sunerintendent


Nondefense Capital Goods 1
New Orders and Shipments

Three Month Moving Averages
Billions of Dollars

52F-------------------------------- ee - ee New Orders || 52

Shipments

1 L 1 1 1 i L L a L 1 1. i
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May = Jul Sep
Sep. 1995 - Sep. 1997

Defense Capital Goods
New Orders and Shipments
Three Month Moving Averages
Billions of Dollars
10 10
9 New Orders

4 1 1 1 1 1 il il il il il i 1 1. 4
Sep Nov Jan Mar May Jul Sep Nov Jan Mar May = Jul Sep

Sep. 1995-Sep. 1997

Note: All Charts based on seasonally
adjusted current dollars.


Table 7. VALUE OF MANUFACTURERS’ INVENTORIES, BY STAGE OF FABRICATION,
BY INDUSTRY GROUP

(Millions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percent
change
Sept. Aug. July | Aug- | July- | June- Sept. Aug. July Sept. | Sept
1997" 1997" 1997 | Sept. | Aug. | July 1997" 1997" 1997 1996 | 97/96
MATERIALS AND SUPPLIES
All manufacturing industries 148,458 | 147,304 | 147,367 | +08 0.0 | +02 | 148,507 | 147,792 | 147,709 | 145,544 +20
Durable goods industries ......... | 87,211 | 86,360 | 86461 | +10}  -O.1 87,771 | 87,291 | 86,910 | 85,337 429
Stone, clay, and glass products . . 2909 | 2873 | 2,912] +13] -13 2,919 | 2,907 915 2/839 +28
Primary metals - fees 7/995 81035 | 8,045 05} 01 081 8118 8.013 7814 +34
Fabricated metal products | 10676 | 10,468 | 10464 | +20 0.0 10,618 | 10,446 | 10,500 } 10,098 +31
Industrial machinery and equipment 18,363 | 18,124 ] 18.252] +13] -07 18,559 | 18,622 | 18,352 | 18,842 “15
Electronic and other
electrical equipment ...... 13,704 | 13,629] 13,829 | +06] -14 13,833 ] 13,827 | 14,070 | 13,674 +12
Transportation equipment - : 14926 | 14,713 | 14684 | +14] +02 14915 | 14.770 | 14,869 | 13,915 472
Instruments and related products . 8,441 8,395 3300 | +05] +11 8,488 489 8361 8,035 45.6
Lumber, furniture and
miscellaneous durable goods . . 10,197 | 10,123 | 9,975 | 40.7] +15 10,359 | 10,112 9,830 | 10,120 424
Nondurable goods industries . . 61,247 | 60,944 | 60,906 | +05] +0.1 60,736 | 60,501 | 60,799 | 60,207 +09
Food and Kindred products . 11,220 | 11,201 | 11.214 | +02} -0.1 10,886 | 10,784 } 10,871 | 11,122 2.1
Tobacco products 5,195 3186 | 5222 | +021 -0.7 5,054 5.017 930 | 4.873, +37
Textile mill products . . 3183 | 3.172 | 3.147 | +03] +08 3,087 | 3,153 | 3,185 2/880 +72
Paper and allied products 7,737 | 7,683 74] +07] -04 7735 7,652 7,636 | 7,988 32
Chemicals and allied products - 14,563 | 14360 | 14,285 | +14] +0.5 14562 | 14313 | 14,419 | 13,804 455
Petroleum and coal products 331 3582 | 3,531 20) +14 507 3629 | 31572 | 3,648 39
Rubber and plastics products 6275 | 6212 | 6213 | +10 0.0 6.237 | 6149 | 6278 | 6,093 42.4
Apparel, printing, and publishing,
and leather goods . 9,563 | 9,548 | 9,580 | +02 |  -03 9,668 | 9,804 | 9,908 | 9,799 “13
WORK IN PROCESS
All manufacturing industries 142,626 } 142,775 | 141,675 0.1 | +08 | 40.7 | 143,599 | 144,887 | 142,588 | 136,151 455
Durable goods industries... . 114,376 | 114,626 | 113,931 02} +06] +08 | 114,807 | 116,505 | 114,819 ] 109,188 +5.
Stone, clay, and glass products 1275 271 71 +03] +85 “13 1243 269 1.205 3194 +41
Primary metals. : 8,791 81829 | 8.837 04 | -0.1 -03 8.788 | 8876 | 8,997 | 8,715 40.8
Fabricated metal products: 8.13: 3086 | 8102] +06} -02] +12 8211 8,23: 8,194 7.793 45.4
Industrial machinery and equipment | 22,765 | 22,814 | 22,747 02] +03 | +03 | 22849 | 23,236 | 22,986 | 22,101 +34
Electronic and other
electrical equipment 15,075 | 15,066 | 14946 | +01 | +08 | +08 ] 15,096 | 15,299 | 15,102 | 15,151 -04
‘Transportation equipment 43,235 | 43395 | 42,807 04} +14} +13 | 43.462 | 44084 | 42,748 | 39,079 | +112
Instruments and related products - 903 | 10,040 | 10,182 -14]  -14 | +10 | 9,899 | 10,304 | 10,390 | 9,967 07
Lumber, furniture and
miscellaneous durable goods . . $198 | 5,125 $139 | +14] -03 00) 5,259) 5,199 5,197 | 5,188 +14
Nondurable goods industries 28,250 | 28,149 | 27,744 | +04] +15 | +06 | 28,792 | 28,382 | 27,769 | 26,963 46.8
Food and Kindred products . 243 5.248 | 5,064 O01] +36] +14 5490 | 4942 | 4.616 | 5,211 454
Tobacco products... . . 137 179 216 | -235 | -17.1 -4.0 154 163 164 231 “33.3
Textile mill products 2,565 | 2,555 | 2,556 | +0.4 00 | +01 2,503 | 2,580 | 2,584 ] 2,583 +04
Paper and allied products 1,789 1.735 Nose | 43.1] +29 -02 1,778 1,757 1,725 1,673 +63
Chemicals and allied products 7630 | 7,518 7484. | +15] +05] +05 7714 7651 7659 | 6822 | +13.1
Petroleum and coal products 2616 | 2.630 | 2,589 05] +16] -20] 2634 ] 2689 | 2,601 2,707 27
Rubber and plastics products 2301 2267 | 2236] +15] +4] +11 2287 | 2248 | 2,204 2073 | +103
Apparel, printing and publishing
and leather goods . 5,969 | 6,017 5,913 8] +18] +15 6142 | 6,352] 6,216 5,663 +85
FINISHED GOODS
All manufacturing industries 158,052 | 158,368 } 157,560 02] +05 | +03 | 156,564 | 159,449 | 157,826 } 150,255 +42
Durable goods industries 80,473 | 80,892 | 80,408 05] +06 | +05 | 78,820 | 81,237 | 80,637 | 75,393 +45
Stone, clay, and glass roducis 4,561 4563 | 4.618 00; -12 -17 | 4390 | 4.498 | 4,660 | 4,222 +40
Primary metals ~. . : 81023 | 8,031 920 Ol} +14 0.1 7,883 7977 7881 7.780 +13
Fabricated metal products *. . 10,082 | 10,085 981 oo] +10 -12 | 91805 | 9984 | 10.124 | 9,162 +70
Industrial machinery and equipment 18,990 | 19,303 | 19,188 16] +06 | +22] 18,261 | 19312 025 | 17,652 435
Electronic and other
electrical equipment .. 11,207 | 11481 | 151s 24] 03 | +29 | 11020 | 11,820 | 11,727 | 10,471 45.2
Transportation equipment . 97682 | 9378 | 9405 | +32] 03 3) 97704 | 9517 | 9.486 | 9,075 +69
Instruments and related products - 6.539 | 6,584 | 6,518 071 +10 02 | 6615 | 6717 6.547 | 6,561 +08
Lumber, furniture and
miscellaneous durable goods 11,389 ] 11,467 | 11,263 07] +18 | +13] taa2 | n4i2 | 11,187 | 10,470 +64
Nondurable goods industries 77,579 | 77,476 | 77,182) +0.1 | +04 | 40.1 | 77,744 | 78,212 | 77.189 | 74,862 438
Food and kindred products 18,893 | 18,780 | 18825 | +06] -02 -07 | 191821 | 19304 | 18,476} 19.231 43.1
Tobacco products 707 715 785 88} -13 |] +120 704 65: 601 766 “8.1
Textile mill products 4366 | 4,567 | 4,538 oo] +06] +03) 4433 | 4,653 4611 4319 42.6
Paper and allied products . . . . 6,633 6523 | 6459] +17] +10] 404] 6.525 6.490 | 6.439 | 6,644 -18
Chemicals and allied products 20926 | 20.755 | 20.778 | +08] -01 | +01 | 20,569 | 20,624 | 20597 | 19.734 +42
Petroleum and coal products 6.072 | 6219 | 6,051 24] +28 07 | 6158 | 6.276 152 | 5,964 433
Rubber and plastics products. . . 77740 7,882 | 7,850 18] +04 | +03 7447 7.762 7.799 | 6,999 +64
Apparel, printing, and publishing
and leather goods . . . . 12,042 | 11,975 | 11,866 | +06] +09 | +06 | 12,087 | 12,449 | 12,514 | 11,205 +79

? Preliminary. ‘ Revised.


Table 3. VALUE OF MANUFACTURERS’
Mi

UNFILLED ORDERS FOR INDUSTRY GROUPS

ions of dollars)

Seasonally adjusted

Not seasonally adjusted

Industry Monthly Percent Change Monthly Percer
chang:
Sept. Aug. July} Aug-] — July-]—June- Sept. Aug. July Sept.] Sept
197" 1997" 1997) Sept.}  Aug.} July 1997" 197" 1997 1996] 97/96
All manufacturing industries 528,187] 527,033] 522,171] +02] +09] -0.3] 522,801] 527,147] 523,719] 302,796] — +4.0
Manufacturing industries
without defense capital goods 421,938] 420,185] 414514] +04] +14 0.3] 419,172] 422,012] 416,766] 397,139]  +5.5
Durable goods industries 502,123] 501,027] 495,963] +02] +10 -0.4| 496,649| 500,330] 496,185] 478,160] — +3.9
Stone, clay, and glass products . 6,354 6,396] 6,595 -0.7 3.0] -42] 6405] 6510] 6,687] 6,785 5.6
Primary metals... 33350} 32.280] 31.753) 43.3) 0 +1.7] 42.2] 32437] 31,922] 31,781] 28,908] +122
Blast furnaces, steel! mills 13,125] 12,905] 12,842] +17) 40.5] 420) 12,718] 12.931] 12958] 12,120] +49
Iron and steel foundries 5,145 5,021 4,965 42.5 +h 42.2 5,016 4,963 5,004 4,203} +193
Nonferrous and other primary
metals 15,080] 14,354] 13.946] +51] 429] 42.5] 14,703] 14,028] 13,819] 12,585] +16.8
Fabricated metal products 26,586| 26302) 26210) +11] +04) +09] 26,800] 26.664] 26.665} 23,990] +11.7
Industrial machinery and equipment 73,873| 73,604] 72,942] +04] +09) +02] 72,791] 72,795] 72,246] 71,826} +13
Engines and turbines -- | bro} 11,749] 11,588 03] +14 10] 11,890] 11,574) 11,291] 11,981 -0.8
Construction, mining and
material handling equipment 9344] 9,477 9,293] 40.7] 42.0] 41.6] 9,248] 9,144] 9,100] 8,802] +5.
Metalworking machinery oe 7,156 8113 7,930 44 423 7,756 8113 7,930 8,871 12.6
Computer and office equipment . . . 8680} 8598] 8767] +10) -19 8,498 8728] 8923] 9,562] 11.1
Electronic and other
electrical equipment... . . 55,805] 55,331] $1422] +409] 476) 5.5] 54,357] 56,218] 51,704) 48,394] +123
Electrical transmission and
distribution equipment and
industrial apparatus. 6,525 6,537 6,600 0.2 -1.0 2 6,398 6,553 6,636 6,232 427
Electric lighting and
wiring equipment . 4,658| 4,735 4,626 16] 424] +40] 4658] 4,735] 4,626] 4,275] 49.0
Communications equipment 15,103} 14,683] 14,806] +2.9 -0.8 22] 15,127} 14,649] 14,817] 13,143] 415.1
Electronic components . . . 23,088] 23,141] 19,310 02} +198] -129] 21,749] 23,853] 19,558] 19,640] +10.7
Transportation equipment 249,235] 249,913] 249,648 03} +01 -0.9} 247,096] 248,724] 249,194] 245,838]  +0.5
Aircrafi, missiles,
space vehicles, and parts. 217,402] 218,819] 217,999 06) +04 -1.0] 215,249] 217,482] 217,466] 213,890] +06
Shipbuilding and tanks . . : 17,874| 17,712] 18,074 +0.9 -2.0 2.0) 17,872] 17,723] 18.170] 18,191 -18
Instruments and related products . . 48.421 48,906 49,290 1.0 08 +44 47,943 48,665 49,190 44,743 47.2
Search and navigation equipment 28,768] 29,070] 29,404 -1.0 Ld +6.3| 28,367] 28,728] 29,222] 26,789 $5.9
Measuring and controlling devices . 9,809] 9.976] 10,015 “17 04] +02] 9809] 9.976] 10015] 9,226] +63
Medical instruments and supplies. 7,891 7,942 7,797 -0.6 +19 07 7,812 7,964 7,734 7815 0c
All other durable goods . . . . 8499] 8295] 8103} 425] 424] 42.7] = 8820] 8.832] 8.718 7,676] +146
Nondurable goods industries 26,064] 26,006} 26,208} —+0.2 08]. +151 26242] 26.817] 27,534] 24,636] +65

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
Sept.| Aug.] July | Aug~| July-] June-] Sept] Aug.| July | Sept. | Sept.
1997°| 1997] 1997] Sept.| Aug.) July] 1997] 1997] 1997] 1996] 97/96] 1997" | 1996,
All manufacturing industries... . . | 336,475] 335,040] 331,138] +0.4]  +1.2)  +0.5] 353,854] 335,065] 300,000] 335,124] — +5.6]2,949,029 |2,802,817
Manufacturing industries
with unfilled orders... . 190,418] 189,699] 184,777] +04! +2.7| 0.5] 201,063] 187,105] 165,500] 186,723] | +7.7| 1,647,635 1,555,681
without defense capital goods... ..| 330,992] 3297733] 325,161] +0.4] +14) +0.6 348726] 331,001] 296187] 329,567| _ +5'8]2.901,538|2 748,343
Durable goods industries . . - +} 186,441] 186,195] 181,679] +0.1] +2.3]  +0.1] 196,623] 182,669] 155,513] 183,300]  +7.3] 1,613,381 ]1,513,677
With unfilled orders... ........| 183,183) 153,090] 147,344] +0.1] +3.9! 1.1] 162,010} 149,387] 129,093] 149,053] +8.7] 1,319,353 ]1.233,001
Stone, clay, and glass products . . . . 7,684| 7,389] 7,566] +4.0)  -2.3)  -04| 8.246] 7,955] 7,667] 7,702] +7.1] 68,459} 62,380
Primary metals : +--.-[ 16591] 15,919] 16.258] +42] -2.1)  +3.6f 16,449] 15.461] 14,829] 14,062] +17.0] 143,080] 132,341
Blast furnaces, steel mills -} 6,404] 6,224] 6511] +29] -4.4) +0.8) 6.107] 6,109] 6,032] 5.782] +5.6] 57,599] 55.182
Iron and steel foundries o 1,616] 1,528] 1,667} +5.8) 8.3] +8.0) 1,642] 1,489] 1,349] 1,459] +125] 14,055] 13,276
Nonferrous and other primary
metals . . : -] 8571] 8,167] 8,080] +4.9) +1.) +5.1] 8,700] 7,863] 7.448) 6,821] +275] 71,426] 63,883
Fabricated metal products... 19,705] 19,186] 19,264] +2.7] 0.4] -0.2] 20,684) 19,590] 17,470] 19,499] +6.1| | 172,666] 162.974
Industrial machinery and equipment 35,306| 34,704] 35,107] +1.7] -1.1]  +6.1] 38.768] 32,296] 30,018] 34,982] +10.8] 302,305] 282,945
Engines and turbines... - 1,865} 2,097] 1,871] -11.1] +12.) +278) 2525] 1,973) 1,485] 2450) 3.1] 15,564] 15,828
Construction, mining and
material handling equipment ... . 3,993] 4,050) 4,006] -1.4] +11) +4.0] 4,046] 3,740] 3,397] 3,712] = +9.0] 34,798] 31,516
Metalworking machinery... 3,326] 3,713] 3,425] 10.4] +84) +11.0) 3,768] 3.511] 2,846] 3.443] +9.4) 29,697] 27.201
Computer and office equipment 9,593] 9,154] 9,362] +4.8] -22] +66 11,982] 8.182] 7,284] 10,556] +13.5] 78,922] 73,929
Electronic and other
electrical equipment ........ 31,525] 34,123) 26,365] -7.6] +29.4) -12.2] 33,011] 33,891] 23,487] 27,572 +19.7) 265,121] 234,146
Electrical transmission and
distribution equipment and
industrial apparatus... . . -..-| 3,493] 3,97] 3,271) 49.3] -2.3) 42.6 3,817] 3,115] 3,062) 3,469] +10.0] 29,893] 28,511
Electric lighting and
wiring equipment . . . vos 2,140} 2,242) 2,329] -4.5] -3.7} +134) 2,362} 2,219] 1,986] 2,159] +9.4) 19,141] 18,138
Communications equipment. . . . 7,288] 6,867] 6,324] +6.1] +86] -14.6] 8,213] 6.218] 5.271] 5,921] +387] $7,737] 47,204
Electronic components .........} 12,697 16,235] 9,069] -21.8] +79.0] -22.7] 12,112] 16,460) 8,519] 10.282] +17.8] 108,640] 92.957
Transportation equipment . . . ++} 42,509] 43,038] 41,752) -1.2[ +31] -2.7] 43,663] 41,612) 28,898) 46.935] -7.0] 368,357] 372.291
Aircraft, missiles,
space vehicles, and parts. . . 9,106} 10,972] 8,884] -17.0] +23.5] -21.2} 9,023] 9,586] 6,433) 13.435] -32.8] 82,638] 95,466
Shipbuilding and tanks .... . 1,007| 500 549] +101.4]  -8.9) -39.2] 1,026] 391 418} 397] +719 6,333] 7,905
Instruments and related products ....| 13,144] 12,693) 15,387] +3.6] -17.5] +15.2) 14,133] 12,187] 14,005} 12,739] +10.9] 118,562] 106,464
Search and navigation equipment .| 2.471] 2,299} 4,494] +7.5| 48.8) +562) 2,746] 2.028) 3.960] 2.458] +117] 24,401] 19,618
Measuring and controlling devices 3.911] 3.957] 4061! -1.2| -2.6f 43.5) 4.237] 3.921) 3.519] 3.613] +173] 34.813] 31.913
Medical instruments and supplies 4245] 4,230] 4,100] +0.4] +32} 43.2) 4,522] 4.223] 3,948] 4381] +32] 37,267) 35,126
All other durable goods... . . 19.977] 19,143) 19,980) 44.4) -4.2] +2.0) 21,669) 19,677) 19,139] 19,809] +9.4) 174,831] 160,136
Nondurable goods industries . . . . 150,034] 148,845] 149,459] +0.8  -0.4) +1. 157,231] 152,396] 144,487] 151,824) — +3.6] 1,335,648 ]1,289,140
With unfilled orders ...........| 37,235} 36,609] 37,433] +1.7] 2.2} +1.6f 39,053] 37,718] 36,407] 37.670] +3.7] 328,282] 322,680

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

(n) When new orders for a prior month are negative because of cancellations, the percentage change calculation is algebraically negative, even though there is a net doll
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 errc
which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. Furth:
details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-1(95
“Manufacturers’ Shipments, Inventories, and Orders: 1982-1995."



Table 1. VALUE OF MANUFACTURERS’ SHIPMENTS
(Millions of dollars)

FOR INDUSTRY GROUPS

Seasonally adjusted

Not seasonally adjusted!

Monthly Percent Change Monthly Percent Year to date
Industry change
Sept.| Aug.} July | Aug-| Suly-| June-]  Sept.} Aug.| July | Sept. | Sept.
1997" 1997" 1997] Sept.| Aug.| July} 1997" i997 1997 1996 | 97/96 1997" 1996
All manufacturing industries 335,321] 330,178) 332,895) +1.6| 0.8) +1.4] 358,110) 331,637] 299,786} 336,555 +6.4 | 2,938,357 }2,777,055
Manufacturing Industries
with unfilled orders... . . 189,264] 184,837] 186,534] +2.4) 0.9] +1.1] 205,319] 183,677] 165,286} 188,154 +9.1] 1,636,963 |1,529,919
without defense capital goods 329,239) 324,062] 326,549] +1.6] 0.8} +1.5] 351,566] 325,755] 294,187] 329,889] +6.6| 2,882,907 [2,723,936
Durable goods industries 185,345] 181,131] 183,827) +23 1.5] +1.7| 200,304] 178,524] 156,290] 184,229] +8.7] 1,604,306 |1,489,530
With unfilled orders . 152,087] 148,026] 149,492} +2.7) -l +1.0} 165,691} 145,242] 129,870] 149,982}  +10.5] 1,310,278 |1,208,854
Stone, clay, and glass Products 7,726} 7,588) 7,858) +1.8) 3.4) +48) 8351 8,132] 7,847 7,564] +104 68,631] 62,404
Primary metals ...... 15,521] 15,392] 15,569] +0.8 -L.1] +0.9} 15,934] 15,320] 14,101} 14,786] +78] 139,081] 130,625
Blast furnaces, steel mi is. 6,184) 6,161 6,263) +04] -1.6{ -0.4 6,320) 6,136 5,729] 6,220) +16 56,416} 54,570
Iron and steel foundries 1,492) 1,472) 1,560) +14) -5.6f  +8.0) 1,589 1,530 1,272 1,510 45.2 13,331 12,608
Nonferrous and other primary
metals . 7,845, 7,759) 7,746] +11} +0.) +0.7] 8,025) 7,654) 7,100] 7,056) = +13.7 69,334) 63,447
Fabricated metal products we eees | 19,421} 19,094] 19,042} 41.7) +03] +0.8] 20,548) 19,591] 16,916} 19,291 +65} 170,096] 161,173
Industrial machinery and equipment - | 35,037] 34,042} 34,949} +2.9} -2.6)  +1.9) 38,772) 31,747] 29,593] 35,574] +9.0} 301,678] 281,832
Engines and turbines . 1,904 1,936 1,987] -1.7] -2.6[ +44) 2,209) 1,690] 1,399] 2,200) +04 16,375} 16,141
Farm and garden machinery 2,101 2,086} 2,261) +0.7 -7.7 +1023) 1,916] 1,715] 1,783| 1,791 +7.0 19,063 17,558
Construction, mining and
material handling equipment . 3,926] 3,866] 3,858] +1.6) +02) +2.6) 3,942 3,696] 3,477] 3,552) +11.0 34,179} 31,082
Metalworking machinery 3,683 3,530] 3,587) +4.3] 1.6) +0.8) 4,125) 3,328] 3,008) 3,435) +20.1 30,151} 26,496
Computer and office equipment . . 9511 9,323 9,473) +2.0) 1.6] +16) 12,212] 8,377] 7,205] 11,156) +9.5 80,205} 73,813
Electronic and other
electrical equipment . 31,051} 30,214} 29,370) +2.8] +2.9] -0.6 34,872) 29,377] 25,362} 30,164) +15.6} 258,626} 235,225
Electrical transmission and
distribution equipment and
industrial apparatus . . + 3,505) 3,260 3,352] +7.5 -2.7| +24) 3,972) 3,198] 3,019) 3,617] +98 29,797} 28,364
Household appliances 2,128) 1,993 1,987] +68] +03) -4.4) 2,307) 2,058) 1,849} 2.038) +13.2 18,327] 17,657
Electric lighting and
wiring equipment . 2,217) 2,133 2,152] +3.9] 0.9] 43.4) 2,439) 2,110) 1,809} 2,209) +10.4 18,897] 17,745
Household audio and
video equipment oe 1,307 1,284) 1,287] +1.8] 0.2] -8.9) 1,642) 1,367| 1,127 1,596) 42.9 11,038] 10,398
Communications equipment 6,868 6,990] 6,653) -L7]) +51] +2.0) 7,735 6,386| 5,627 6,556] +18.0 55,010] 47,563
Electronic components 12,750] 12,404} 11,931] 42.8] +4.0, -0.8} 14,216] 12,165] 10,342) 11,841] +201} 106,652} 94,649
‘Transportation equipment . . 43,187] 42,773] 43,943) +1.0) -2.7] +3.6) 45,291) 42,082} 32,018] 43,625 +3.8] 376,996} 350,988
Motor vehicles and parts 29,723) 29,954] 30,313] -0.8 -1.2) +4.7] 30,863} 29,900] 19,961] 30,485 +12} 262,183) 251,777
Aircraft, missiles,
space vehicles, and parts. 10,523} 10,152) 10,977) +3.7| +75] +4.6) 11,256} 9,570) 9,692 9,900) +13.7 90,298) 74,141
Shipbuilding and tanks . 845) 862! 918} 2.0) 6.1 14 877) 838) 856} 995] -11.9 7,914 8,149
Instruments and related products . . . 13,629] 13,077] 13,328] +4.2) -1.9] +11] 14,855) 12,712) 11,959) 13,173) +12.8] 116,431) 108,277
Search and navigation equipment 2,773} 2,633] 2,751] +53 43] +17) 3,107) 2,522] 2,441 2,563) +21.2 23,651} 21,606
Measuring and controlling devices . 4,078] 3,996] 4,043) +2.1 12) +h 4,404) 3,960 3,501 3,922) +12.3 34,751 32,411
Medical instruments and Supplies 4,296) 4,085 4,152} +5.2] -16|  -0.5) 4,674) 3,993] 3,828] 4,359) +72 36,881} 34,629
Photographic goods ... . 2,016 1,902) 1,909] +6.0) -0.4] +2.6) 2,187] 1,776) 1,712 1,929) +13.4 17,087] 16,342
All other durable goods . . 19,773) 18,951] 19,768} +4.3] 4.1] +18) 21,681] 19,563) 18.494) 20,052 +8.1] 172,767] 159,006
Nondurable goods industries . . 149,976] 149,047] 149,068] +0.6) 0.0} +10} 157,806} 153,113] 143,496} 152,326) +3.6] 1,334,051 |1,287,525
With unfilled orders . 37,177] 36,811) 37,042] +1.0} -0.6] +1.5] 39,628] 38,435] 35,416} 38,172 +38] 326,685} 321,065
Food and kindred products 40,034] 40,298) 40,251 -0.7{ 40.1) +04) 42,292) 41,127) 38,735) 41,648) +15] 358,456] 349,442
Meat products . . 8,810} 8,999] 9,012} -2.1 -O.1) +14) 9,171 9,378 8,861 9,108 +0.7 79,780] 78,368
Dairy products 4,973 5,031 5,001 12) 40.6) +11 5,117] 5,142] 4,844) 5,241 24 44,906] 43,881
Beverages . 5,958} 5,892) $880] +11] +02) 42.7) 6,119) 6,418) 6,280 5,868) +43 53,365] 52,034
All other foods, except “fats and oils 18,304] 18,387) 18,445, -0.5 -0.3{ 0. 19,896] 18.200) 16,837] 19,364) 42.7) 162,374] 157,885
Tobacco products .........--.5 3,360) 3,215 3,180) 44.5) +11 -0.3) 3,336) 3,324 3,180 2,815} +185 28,498] 25,523
Textile mill products .. . . 6,905 6,824) 6951 +12) 1.8) +3.5] 7,668) 7,190] 6,220) -7,332| +46 61,659] 58,897
Broadwoven fabrics and
other textiles 4,191 4,126] 4,273) +1.6 34) +42) 4,635 4301 3,672) 4,548 +19 37,866] 36,771
Paper and allied products 13,864] 13,528] 13,364] 42.5) +12) +0.3) 14,391] 13,797) 13,047) 13,702] +5.0) 121,049} 122,482
Pulp, paper, and
paperboard mill products . . . 5,601 5,399} 5,200} +3.7}  +3.8) +15) 5,797] 5,502} $,157| 5,491 +5.6 47,916) 49,692
Paperboard containers and boxes . . 3,308 3,224) 3,233) +2.6] -0.3] +0.7} 3,401 3,305) 3,125 3,362) +12 29,396] 29,969
Miscellaneous converted
paper products... . 4,955 4,905) 4,931] +10) -0.5] 12) 5,193) 4,990} 4,765 4,849 +71 43,737) 42,821
Chemicals and allied produ ts 32,950] 32,449) 32,748] +1.5 -0.9) 0.0] 33,969] 32,025] 31,112] 32,368) +4.9] 296,148] 279,576
Industrial chemicals . 16,194] 15,943] 15,921] +16] +0.1]  +0.6] 16,437] 16,100] 15,447] 15,480) +62) 145,419] 137,753
Drugs, soaps, and toiletries 12,730) 12,556) 12,836) +1.4 -2.2[  -0.6f 14,028) 12,296] 11,931] 13,594 +3.2) 112,704] 105,403
Petroleum and coal products 15,531] 15,814) 15,211 -18) +4. +15) 15,998} 16,630} 15,350} 15,959} +0.2] 138,480] 131,427
Rubber and plastics products 12,598} 12,340) 12,508) +2.1 1.3) 2.0) 13,149) 12,572) 11,610] 12,465) 45.5] 112,845} 109,249
All other nondurable goods 24,734] 24,579] 24,855] +0.6 <1] +2.2) 27,003) 26,448] 24,242] 26,037 +3.7| 216,916} 210,929

T Preliminary. * Revised:

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