Current industrial reports

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Material Information

Title:
Current industrial reports
Portion of title:
Manufacturers' shipments, inventories, and orders
Physical Description:
v. : ; 28-29 cm.
Language:
English
Creator:
United States -- Bureau of the Census. -- Manufacturers' Shipments, Inventories, and Orders Branch
United States -- Bureau of the Census
Publisher:
U.S. Dept. of Commerce, the Bureau of the Census :
For sale by the Subscriber Services Section (Publications), Bureau of the Census
Place of Publication:
Washington, D.C
Creation Date:
March 1968
Publication Date:
Frequency:
monthly, with annual summary[1976-]
monthly[ former 1963-1975]
monthly
normalized irregular

Subjects

Subjects / Keywords:
Manufacturing industries -- Statistics -- Periodicals -- United States   ( lcsh )
Inventories -- Statistics -- Periodicals -- United States   ( lcsh )
Genre:
serial   ( sobekcm )
federal government publication   ( marcgt )
statistics   ( marcgt )

Notes

Additional Physical Form:
Also distributed to depository libraries in microfiche.
Additional Physical Form:
Some monthly issues also available via Internet from the Census Bureau website as: Highlights from the preliminary report on manufacturers' shipments, inventories, and orders. Address as of 12/17/03: http://www.census.gov/indicator/www/m3/prel/priorrel.htm; current access available via PURL.
Additional Physical Form:
Some annual summaries also available via Internet from the Census Bureau website. Address as of 12/8/2005: http://www.census.gov/prod/www/abs/m3-1.html; current access available via PURL.
Dates or Sequential Designation:
Oct. 1963-
Numbering Peculiarities:
Some annual summaries issued in revised editions.
Numbering Peculiarities:
Each annual summary cumulates previous issues for a period of prior years, i.e., annual summaries for <1976>-197 cumulate from 1958.
Issuing Body:
Prepared by: Bureau of the Census, Industry Division, Manufactures' Shipments, Inventories, and Orders Branch, 1963-1964; issued by: U.S. Department of Commerce, Economics and Statistics Administration, Bureau of the Census, <2000->
General Note:
Title from cover.
General Note:
Some issues not distributed to depository libraries in a tangible format.
General Note:
Paper copy no longer sold by Supt. of Docs., U.S.G.P.O.
General Note:
Latest issue consulted: July 2002.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 001320832
notis - AGH1708
oclc - 02548418
lccn - 74614399
issn - 0364-1880
Classification:
lcc - HD9724 .U52a
ddc - 380.1/0973
System ID:
AA00008477:00119

Related Items

Preceded by:
Industry survey
Preceded by:
Manufacturers' shipments, inventories, and orders

Full Text
~rlS


CURRENT INDUSTRIAL REPORTS


/Manufacturers' Shipments,

Inventories, and Orders

January 1987

U.S. Department of Commerce M3-1(87)-1
BUREAU OF THE CENSUS For Wire Transmission 10:00 a.m. E.S.T. Wednesday, March 4, 1987

(All Figures in text are in seasonally adjusted current dollars)


NUICt Impenaing changes in the M3
advance report on durable


SUMMARY. New orders for manufactured goods in January
declined $8.2 billion or 4.0 percent to $194.5 billion.
This is the largest one month decrease since the 4.5 percent
drop in May 1980.
Shipments of manufactured goods declined $7.8 billion or 3.8
percent to $196.7 billion. This is the largest one month
decline in shipments since a 5.1 percent drop in December
1974.
Unfilled orders held by manufacturers at the end of January
were $363.0 billion; down $2.2 billion or 0.6 percent from
December. Unfilled orders have been generally declining
since reaching a high in March 1986 of $370.5 billion.
Manufacturers' inventories in January increased $1.5 billion
or 0.5 percent to $277.0 billion. This is only the second
increase in inventories since July and the first to exceed
0.1 percent since June 1985. Most of the January increase
was in finished goods. The inventory to shipments ratio in
January was 1.41 percent. The ratio was steady at 1.41
percent in September and October, at 1.40 in November, but
dropped to 1.35 percent in December.

NEW ORDERS. The new orders decline in January was
concentrated in the durable goods sector, which decreased
$7.4 billion or 6.7 percent to $103.0 billion. Excluding a
50 percent increase in defense capital goods, new orders for
durables dropped 9.1 percent, more than offsetting the 7.7
percent increase in December. Within the major industry
categories, declines were widespread. Electrical machinery
had the largest decrease, down $3.6 billion or 19.8 percent
to $14.7 billion, following a 9.5 percent increase in
December. Primary metals dropped $1.9 billion or 17.7
percent to $8.7 billion following a 12.1 percent increase in
December. Transportation equipment declined $1.3 billion or
4.5 percent to $28.7 billion; a decrease in motor vehicles
and parts accounted for the drop.
New orders for nondurables decreased $0.7 billion or 0.8
percent to $91.5 billion, following a 1.7 percent increase
in December.


survey, errective with the february 19B/
qoods. are outlined on pace 8. I


SHIPMENTS. The decline in manufacturers' shipments was also
concentrated in the durable goods sector, which was down
$7.1 billion or 6.3 percent to $105.3 billion. About half
of the decline was in transportation equipment, down $3.7
billion or 11.5 percent to $28.4 billion; both the aircraft
and parts and motor vehicles and parts were down.
Shipments of nondurable goods decreased $0.8 billion or 0.8
percent to $91.3 billion, following a 1.7 percent increase
in December. Tobacco manufactures were down $1.3 billion or
56.0 percent from December to $1.1 billion. The largest
increase in nondurables was in chemicals, up $0.6 billion or
3.5 percent to $19.0 billion.
UNFILLED ORDERS. Unfilled orders which are virtually all
held by durable goods manufacturers were down $0.6 billion
in January. The largest declines were in machinery.
Electrical machinery was down $1.5 billion or 1.8 percent to
$82.7 billion with large decreases in electronic components
and defense communication equipment. Nonelectrical
machinery was down $1.0 billion or 1.8 percent to $52.3
billion; office and computing equipment had tne largest
decrease.
INVENTORIES. Inventories of durable goods manufacturers in
January increased $1.1 billion or 0.6 percent to $184.9
billion; the largest increase was in aircraft and parts,
with small increases in most of the other categories.
Nondurable inventories increased $0.4 billion or 0.4 percent
to $92.1 billion. All stages of fabrication of inventories
were up; materials and supplies increased 0.3 percent, work
in process was up 0.4 percent and finished goods were up 1.0
percent.
SCHEDULED RELEASE DATES. The advance report on durable
goods for February is scheduled for release on March 24,
1987 at 8:30 a.m. andort on March 31, 1987 at
10:00 a.m. e4i1&F F a s


Address inquiries concerning these figures to U.S. Department of Commerce, Bureau of the Con hington. D.C. 20233.
or call Ruth Runyan or Kathleen Menth. (301) 763-2502 or (301) 763-2512.
For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C.ss release is also
available on the date of issue through the Census Bureau's online information service-CENDATA'. The online version of the report can
be read from a terminal screen, printed on- or off-line, or copied to a computer file for future use. CENDATA is available from Dialog
Information Services. Inc. (800/334-2564). Further information about accessing CENDATA can be obtained from Dialog. The CENDATA
Staff at the Bureau of the Census (301/763-2074) can provide content information and general guidance, or write for a brochure to CENDATA.
DUSD. Bureau of the Census, Washington, DC 20233


~;;""' ~ "' ""`""


i / -










Table 1. VALUE OF MANUFACTURERS' SHIPMENTS FOR INDUSTRY GROUPS, MARKET CATEGORIES AND SUPPLEMENTARY SERIES

(Millions of dollar)

Seasonally adjusted Not seasonally adjusted

Industry Monthly Percent change Monthly Tear to date
SIC Jan. Dec. Nov. Oct. Dec.- Nov.- Oct.- Jan. Dec. Nov. Oct.
Code 1987P 1986r 1986 1986 Jan.P Dec.r Nov. 1987P 1986r 1986 1986 1987P 1986

All manufacturing industries 196,661 204.490 197,222 196,202 -3.8 +3.7 +0.5 179.922 196,764 194,462 201,296 179,922 182,163


Manufacturing indust.les with
unfilled orders.................. 107,047 114,139 110,697 110,360 -6.2 +3.1 +0.3

Durable goods industries.......... 105,328 112,403 106,669 107,443 -6.3 +5.4 -0.7
With unfilled orders............ 83,540 90.245 87,680 87,215 -7.4 +2.9 +0.5
32 Stone, clay, and glass products. 5,227 4,974 4,968 4,978 +5.1 +0.1 -0.2
322 Glass containers.............. 430 451 450 450 -4.7 +0.2 0.0
33 Primary metals................... 9,162 9,551 9,500 9,770 -4.1 +0.5 -2.8
331 Blast furnaces, steel mills... 3,781 3,774 3,678 3,890 *0.2 +2.6 -5.4
333-9 Nonferrous and other primary
metale...................... 4,284 4,612 4,608 4,673 -7.1 +0.1 -1.4
34 Fabricated metal products....... 13,818 14,052 14,036 14,397 -1.7 40.1 -2.5
341 Metal cans, barrels, and drums- 971 929 902 904 *4.5 +3.0 -0.2
35 Machinery, except electrical.... 15,764 17,504 16,800 16,750 -9.9 +4.2 +0.3
351 Engines and turbines.......... 986 1,641 1,277 1,264 -39.9 *28.5 +1.0
352 Farm machinery and equipment.. 829 816 708 647 +1.6 +15.3 +9.4
353 Construction, mining, and
material handling equipment.. 2,242 2,610 2,592 2,434 -14.1 +0.7 +6.5
354 Hecalvorking machinery........ 778 875 950 961 -11.1 -7.9 -1.1
356 General industrial machinery.. 1,424 1,204 1,446 1,510 +18.3 -16.7 -4.2
357 Office and computing machines. 3,407 4.530 4,003 4,001 -24.8 .13.2 0.0
36 Electrical machinery............ 16,174 17,955 17,607 16,909 -9.9 +2.0 +4.1
361,2 Electrical transmission and
distribution equipment and
industrial apparatus......... 1,940 2,164 2,137 2,135 -10.4 +1.3 +0.1
363 Household appliances.......... 1,654 1,499 1,635 1.667 +10.3 -8.3 -1.9
365 Radio and TV.................. 1,220 1,169 1,196 1,213 .4.4 -2.3 -1.4
366 Communication equipment....... 5,060 6,227 6,084 5,467 -18.7 +2.4 +11.3
367 Electronic components......... 3.469 3.436 3,383 3,299 +1.0 +1.6 +2.5
37 Transportation equipment........ 28,422 32,102 27,607 28,334 -11.5 +16.3 -2.6
371 Motor vehicles and parts...... 19,029 20,671 17,216 17,720 -7.9 +20.1 -2.8
372,6 Aircraft, missiles, and parts. 7,818 9,723 8,680 8,878 -19.6 +12.0 -2.2
3731,95 Shipbuilding and military
tank vehicles................ 571 762 732 684 -25.1 +4.1 +7.0
38 Instruments and related products 4,669 4,821 4,725 4.823 -3.2 +2.0 -2.0
381-4 Scientific and engineering
instruments.................. 2,957 3,094 3,042 3,094 -4.4 +1.7 -1.7
386 Photographic goods............ 1,505 1,525 1,504 1.555 -1.3 +1.4 -3.3
24,25,
39 All other durable goods......... 12,092 11,444 11,426 11,482 +5.7 +0.2 -0.5


20
201
208
207
203-6,9
21
22
26
261-3,6
265
264
28
281,6

283,4
29
30
23,27,
31


Nondurable goods industries....... 91,333 92,087 90,553 88,759 -0.8 +1.7 +2.0
With unfilled orders............ 23,507 23,894 23,017 23,145 -1.6 *3.8 -0.6
Food and kindred products....... 26,851 26,590 26,703 26,469 +1.0 -0.4 +0.9
Meat products................. 5,920 5,805 6,181 6,164 +2.0 -6.1 +0.3
Beverages..................... 4,058 4,043 3,856 3,931 +0.4 *4.8 -1.9
Fats and oils................. 1,036 1,098 1,110 1,092 -5.6 -1.1 +1.6
All other foods............... 12,188 12,107 12,084 11,900 +0.7 +0.2 +1.5
Tobacco products................ 1,058 2.403 2,038 1,486 -56.0 +17.9 .37.1
Textile mill products........... 4,546 4,674. 4,692 4,793 -2.7 -0.4 -2.1
Paper and allied products....... 9,762 9,884 9,489 9,397 -1.2 +4.2 +1.0
Pulp, paper etc............... 4,359 4,398 3,998 4,086 -0.9 -10.0 -2.2
Paperboard containers...-,.. 1.896 1,949 1,837 1,790 -2.7 +6.1 +2.6
All other paper products...... 3,507 3,537 3,o54 3.521 -0.8 -3.2 +3.8
Chemicals and allied products... 18,959 18,313 17,854 17,903 +3.5 +2.6 -0.3
Industrial chemicals, except
pigments...................... 6.108 5,998 6,050 5.952 +1.8 -0.9 +1.6
Drugs, soaps, and toiletries.. 5,397 5.248 5,152 5,239 +2.8 +1.9 -1.7
Petroleum and coal products..... 11,263 10,990 10,986 10.203 +2.5 0.0 +7.7
Rubber and plastics products.... 4,127 4,083 4,087 3,995 +1.1 -0.1 +2.3


96,971 112,122 109,701 113,145

94,458 107.416 104,768 110.545
74,938 88,905 86,547 89,049
4,426 4.334 4,872 5,277
390 383 616 459
8,886 8,542 8,984 9,772
3,698 3,442 3,6476 3,828

4.147 4,142 4,341 4,706
12,158 13,016 13,697 15,037
823 771 766 859
13,945 18,886 16,494 16,619
973 1,662 1,173 1,176
743 717 622 736

2,004 2,623 2,579 2,478
699 893 907 1.031
1,314 1,259 1,394 1,575
2,552 6,279 4,291 3,753
14,831 17,845 17,614 17,240


1,804 2,217 2.071 2,068
1,439 1,304 1,493 1.712
1,077 1,118 1,234 1,363
4,594 6,581 6,057 5,434
3,247 3,220 3.390 3,279
25,781 29,6452 27.231 29,316
17,789 16.821 16,841 18,919
6,533 10,935 8,828 8,740

509 858 727 681
4,218 4,970 4,747 4,959

2,800 3,258 2,954 3,094
1,251 1,551 1,618 1,675

10,213 10,371 11,129 12,325

85,464 89,348 89,694 90,751
22,033 23,217 23,154 24,096
24,646 26.403 26,506 27,172
5,689 5,915 6.138 6,398
3,384 3,517 3,617 3,982
1,063 1.107 1,150 1,090
11,091 12,458 12,132 12,340
962 2.581 2,052 1,508
3.945 4,381 4.565 5,002
9,465 9,254 9,138 9,479
4,135 4,135 3,945 4,050
1,811 1,752 1,786 1,896
3,519 3,367 3,407 3.533
18,057 17,820 16,842 17,161

5,766 5.854 5,778 5.,684
5,143 5,379 4,961 5,155
11.128 11,129 10,997 10.306
3,805 3.634 3,975 4,257


All other nondurable goods...... 14,767 15,150 14,704 14,513 -2.5 +3.0 +1.3 13,456 14,146 15,619 15,866


Market categories:
Home goods and apparel.......... 13,752 14,004 13,865 13,461 -1.8 +1.0 +3.0
Consumer staples................ 37,678 38,460 37,989 37,419 -2.0 +1.2 +1.5
Equipment and defense products,
except automotive.............. 28,408 32,342 30,870 30,486 -12.2 +4.8 +1.3
Automotive equipment............ 21,158 22,616 19,266 19,861 -6.4 +17.4 -3.0
Construction materials, supplies
and Intermediate products...... 18,968 17,776 18,228 18,623 +6.7 -2.5 -2.1
Other materials, supplies, and
intermediate products.......... 76,697 79,292 77,004 76.352 -3.3 +3.0 +0.9

Supplementary series:2
Capital goods industries........ 32,419 38,395 36,320 35,730 -15.6 +5.7 +1.7
Nondefense.................... 24,998 29,211 27,628 27,722 -14.4 *5.7 -0.3
Defense....................... 7,421 9,184 8,692 8,008 -19.2 +5.7 +8.5


11,758 11,854 14,194 14,952
34,606 38,690 38,053 38,379

24,834 35,651 30,680 30,333
19,656 18,413 18.626 21,084

15,834 16,334 17.679 19,501

73,234 75,822 75,230 77,047


28,564 41,823 36,413 35,551
22,014 31,909 27,674 27,506
6,550 9,914 8,739 8,045


Household durable goods
Industries..................... 7.333 7,307 7,209 7,133 +0.4 -1.4 +1.1 6,228 6,544 7.203 7,854


96,971 96,644


94,458
74,938
4,426
390
8,886
3,698

4,147
12,158
823
13,945
973
743

2.004
699
1,314
2,552
14,831


1,804
1,439
1,077
4,594
3,247
25,781
17,789
6,533


94,879
75,952
4,409
383
9,815
4,153

4.488
12,777
785
14,831
1,062
832

2,727
739
1.390
2,579
13,614


1,867
1,284
898
4.292
2,902
25,861
18,180
6,366


509 595
4,218 4,383

2,800 2,978
1,251 1,243

10,213 9,189


85,464
22,033
24,646
5,689
3,384
1,063
11,091
962
3,945
9,465
4.135
1,811
3,519
18,057

5,766
5,143
11,128
3,805


87,284
20,692
23,672
5,309
3,449
1,084
10,775
990
3,959
8,-22
3,497
1,767
3,158
17,496

5,627
5,065
15,578
3,731


13,456 13,436


11,758 11,523
34,606 33.199


24,834
19,656

15,834


25.218
19,938

15.155


73,234 77,130


28,564 28,488
22,014 22,271
6,550 6,217


6,228 5,699


See footnotes at end of table 2.


See footnotes et end Of tsb].e 2.










Table 2. VALUE OF MANUFACTURERS' NE ORDERS FOR INDUSTRY GROUPS, MARKET CATEGORIES, AND SUPPLEMENTARY SERIES

(Millions of dollars)

Seasonally adjusted Not seasonally adjusted

Monthly Percent change Monchly Tear to date

SIC Jan. Dec. Nov. Oct. Dec.- Nov.- Oct.- Jan. Dec. Nov. I Oct.
Code 1987 1986r 86 1986 Jan.P Dec. Nov. 87P 1986 1986 1986 7P 1986

All manufacturing industries 194,457 202.612 199,454 192,502 -6.0 +1.6 +3.6 181,673 199,086 194,988 199,388 181,673 188,488


Manufacturing industries with
unfilled orders .................. 106,863 112,261 112,929 106,660 -6.6 -0.6 +5.9 98,722 114,442 110,227 111,237

Durable goode industries.......... 102.965 110,413 108,826 103,569 -6.7 +1.5 +5.1 95,715 109,588 105,407 108,623
With unfilled orders............ 81,177 88,255 89,837 83,341 -8.0 -1.8 +7.8 76,195 91.077 87,186 87,127
32 Stone,. clay. and glass products. 5,187 4,934 4,960 4,958 +5.1 -0.5 0.0 4,452 4,272 4,844 5,200
33 Primary metals.................. 8,707 10,584 9,441 9,713 -17.7 +12.1 -2.8 9,392 9,841 9,011 9,516
331 Blest furnace, steel mills... 3,440 4,469 3,738 3,677 -23.0 +19.6 +1.7 3,885 4,332 3,599 3,561
333-9 Nonferrous and other primary
metals...................... 4,116 4,928 4,669 4,651 -16.5 +5.5 +0.4 4,301 4,498 4,399 4,499
36 Fabricated tal products....... 13,713 14,413 14,300 14.217 -4.9 +0.8 +0.6 12,137 13,421 13,687 14,524
35 Machinery, except electrical.... 14,790 15,747 16,951 15,231 -6.1 -7.1 +11.3 13,591 17,134 16,596 15,819
351 Enginee and turbines.......... 812 645 1,193 727 +25.9 -45.9 +64.1 606 506 970 1,128
353 Construction, mining, and
material handling equipment.. 2,061 2,648 2,680 2,375 -22.2 -1.2 +12.8 1,911 2,646 2,680 2,415
354 Metalworking machinery........ 841 744 881 796 +13.0 -15.6 +10.7 748 700 834 882
356 General industrial machinery.. 1,525 1,261 1,476 1,473 +20.9 -14.6 +0.2 1,499 1.269 1,416 1,567
357 Office and computing machines. 2,396 3,739 4.159 3,537 -35.9 -10.1 +17.6 1.872 5,781 4,479 3,338
36 Electrical machinery............ 14,689 18,321 16,739 17,083 -19.8 +9.5 -2.0 14,047 18,706 16,050 17,301
361,2 Electrical transmleslon and
distribution equipment and
industrial apparatus......... 2,027 2,091 2,017 2,198 -3.1 +3.7 -8.2 1,884 2,123 1,937 2,129
363 Household appliances.......... 1,588 1,439 1,607 1,667 +10.4 -10.5 -3.6 1,418 1,263 1,460 1.652
365 Radio and TV.................. 1,223 1,017 1,205 1,410 +20.3 -15.6 -14.5 1,067 1,038 1.185 1,351
366 Commnication equipment....... 4,617 6,049 5,540 5,709 -23.7 +9.2 -3.0 4,592 6,971 5,122 5,801
367 Electronic components......... 2,415 4,361 3,164 3,006 -44.6 +37.8 +5.3 2,400 4,029 2,967 3,020
37 Transportation equipment........ 28,706 30,055 30,247 26,115 -4.5 -0.6 +15.8 27,052 31,123 29,625 29.317
172.6 Aircraft, missiles, and parts. 8,645 8,439 12,518 6,783 +2.4 -32.6 +84.5 7,981 13,055 11,742 8.724
3731,95 Shipbuilding and military
tank vehicles................ 65 304 -348 317 -78.6 (n) -209.8 196 490 362 347
38 Instruments and related products 4,813 4,744 4,601 4,843 +1.5 +3.1 -5.0 4,448 4,877 4,573 4,901
26.25,
39 All other durable goods......... 12,360 11,615 11.587 11,409 +6.4 +0.2 +1.6 10,596 10,214 11,021 12.045

Nondurable goods industries....... 91,492 92,199 90,628 88,933 -0.8 +1.7 +1.9 85,958 89,496 89,581 90,765
Ulth unfilled orders............ 23,666 24.006 23.092 23,319 -1.4 +4.0 -1.0 22,527 23,365 23,041 24,110

Market categories:
Hoe goods and apparel.......... 14,144 13,779 13,915 13,624 +2.6 -1.0 +2.1 12,212 11,541 13.953 14,648
Consumer staples................ 37,612 38,502 38.033 37,420 -2.3 +1.2 +1.6 34,633 38,731 38,061 38,363
Equipment and defense products,
except automotive.............. 27,117 30,433 32,480 26,930 -10.9 -6.3 +20.6 25,746 36,743 32,007 29,552
Automotive equipment............ 21,136 22.371 19,209 20,091 -5.5 +16.5 -4.4 19,788 18,408 18,521 21,428
Construction materials, supplies
and intermediate products...... 18,843 18,121 18,189 18,476 +4.0 -0.4 -1.6 15,751 16,490 17,545 19,148
Other materiala, supplies, and
intermediate products.......... 75,605 79,406 77,628 75,961 -4.8 +2.3 +2.2 73,543 77,171 74,901 76,249

Supplementary sries:2
Capital goods industries........ 31,497 34,429 38,798 31,913 -8.5 -11.3 +21.6 29,494 41,959 38,029 34,680
Nondefense .................... 24,944 30,053 28,442 26,912 -17.0 +5.7 +5.7 23,568 32,021 28,029 28,120
Defense....................... 6,553 4,376 10,356 5,001 +49.7 -57.7 +107.1 5,926 9,938 10,000 6,560

Household durable goods
industries..................... 7,664 7,171 7,330 7,333 +6.9 -2.2 0.0 6,625 6.323 7,024 7,603


98,722 102,969


95.715
76,195
4,452
9,392
3,885

4,301
12,137
13,591
606

1,911
748
1,499
1,872
14,047


1,884
1,418
1,067
4,592
2,400
27,052
7,981


101,034
82, 107
4,486
11,243
4,622

5,209
12,720
14,310
1,051

2,694
749
1,389
1,764
14,824


2,013
1,332
847
5,527
2,738
29,332
10,249


196 -24
4,448 4,549

10,596 9,570

85,958 87,454
22,527 20,862


12,212 12,028
34,633 33,252

25,746 28,446
19,788 20,124

15,751 15,244

73,543 79,394


29,494 32,595
23,568 22,777
5,926 9,818


6,625 6,155


PPreallinary. 'Revised. (n) When new orders for a prior month are negative because of cancellations, the percentage change calculation is
algebraically negative, even though there is a net dollar increase from the prior month to the current month. Using absolute values the percent increase
io new orders for shipbuilding and military tank vehicles in December was 186.0 percent.

1Shipments sod new orders are the totals for the period and are adjusted for trading-day and calendar-eonch variations; unfilled orders and inventories
are2aa of the end of the period and are not adjusted for trading-day or calendar-month variations.
The supplementary series are regroupiags of the separate Industry categories: Rousehold durable goods industries includes household furniture; kitchen
articles and pottery; cutlery, hand tools, and hardware; household appliances, radio and TV, ophthalmic goods, watches, and clocks; and miscellaneous per-
sonal goods.
Nondefense capital goods include machinery, except electrical (excluding farm machinery and equipment and machine shops); electrical machinery (excluding
household appliances, radio and TV, and electronic components); railroad equipment; and the nondefense portions of ordnance; communication equipment; air-
craft and aircraft parts; and shipbuilding, converting and repairing.
Defense capital goods include ordnance, commnication equipment, aircraft and aircraft parts, and shipbuilding converting and repairing. The defense
data are coperable to those published annually in the KA-175, Shipments to Federal Government Agencies.











Table 3. VALUE OF MANUFACTURERS' UFILLED ORDERS FOR INDUSTRY GROUPS, MARKET CATEGORIES, AND SUPPLEMENTARY SERIES

(Millions of dollars)


Industry End of month Pa
SIC Jan. Dec. Nov. Oct. Dec.-
Code 1987P 1986r 1986 1986 Jan.P

All manufacturing industries.. 363,047 365,251 367,129 364,897 -0.6

Durable goods Industries............ 351,429 353,792 355.782 353,625 -0.7
32 Stone, clay, and glass products... 2,586 2,626 2,666 2,674 -1.5
33 Primary wtals .................... 19,890 20,345 19,312 19,371 -2.2
331 Slart furnaces, steel mill ..... 9,770 10,111 9,416 9,356 -3.4
333-9 Nonferrous and other primary
metals........................ 6,164 6,332 6,016 5,955 -2.7
34 Fabricated metal products......... 19,300 19,405 19,044 18,780 -0.5
35 Machinery, except electrical...... 52.285 53,259 55,016 54,865 -1.8
351 Engines and turbines............ 13,027 13,201 14,197 14,281 -1.3
353 Construction, mining, and
material handling equipment.... 4,718 4.899 4,861 4,773 -3.7
354 Metalworking machinery.......... 3,407 3,344 3,475 3,544 +1.9
356 General industrial machinery.... 4,319 4,218 4.161 4,131 +2.4
357 Office and computing machines... 16,133 17,144 17,935 17,779 -5.9
36 Electrical machinery.............. 82.714 84,199 83,833 84,701 -1.8
361,2 Electrical transmission and
distribution equipment and
industrial apparatus........... 5,513 5,426 5,499 5,619 +1.6
363 Household appliances............ 249 315 375 403 -21.0
365 Radio and TV .................... 421 418 570 561 +0.7
366 Communication equipment......... 60,420 60,863 61.041 61,585 -0.7
367 Electronic components........... 14,571 15,625 14.700 14,919 -6.7
37 Transportation equipment.......... 159,964 159,680 161.727 159,087 +0.2
372,6 Aircraft, mssiles. and parts... 138.163 137,336 138,620 134,782 +0.6
3731,95 Shipbuilding and military
tank vehicles.................. 16.358 16,864 17,322 18,403 -3.0
38 Instrumente and related products.. 8,574 8,430 8,507 8,631 -1.7
24,25,
39 All other durable goods ........... 6,116 5,848 5,677 5,516 +4.6

Nondurable goods industries......... 11,618 11,459 11.347 11,272 +1.4

Market categories:
Hom goods and apparel............ 4.762 4,370 4,595 4,545 +9.0
Consumer scaples.................. 704 770 728 684 -8.6
Equipment and defense products,
except automotive................ 227,994 229,285 231,194 229,584 -0.6
Automotive equipment.............. 5,145 5,167 5,412 5,469 -0.4
Construction materials, supplies
and intermediate products........ 11,797 11,922 11,577 11,616 -1.0
Other materialt, supplies, and
intermediate products ............ 112,645 113,737 113,623 112,999 -1.0

Supplementary series:2
Capital goods industries.......... 276,669 277,591 281,557 279.079 -0.3
Nondefenee...................... 132,574 132,628 131,786 130,972 0.0
Defense......................... 144,095 144,963 149,771 148,107 -0.6

Household durable goods
Industries....................... 4.344 4,013 4,149 4,028 +8.2


-0.5 +0.6 364,598 362,847 360,527 360,001 367.685


-0.6 +0.6 352,984 351,727 349,555 348,916
-1.5 -0.3 2.521 2,495 2,557 2,585
+5.3 -0.3 20,237 19.731 18,6432 18,405
+7.4 +0.6 9,985 9,798 8,908 8,785

+5.3 +1.0 6,201 6.047 5,691 5,633
+1.9 +1.4 18,942 18.963 18,558 18,568
-3.2 +0.3 52,583 52,937 56,689 54,587
-7.0 -0.6 12,941 13,308 14,464 14,667

+0.8 +1.8 4.742 4,835 4,812 4,711
-3.8 -1.9 3,373 3,324 3,517 3.590
+1.4 +0.7 4,323 4,138 4.,128 4,106
-4.4 *0.9 16,327 17,007 17,505 17,317
+0.4 -1.0 82,558 83,342 82,481 84,045


-1.3
-16.0
-26.7
-0.3
+6.3
-1.3
-0.9


-2.1 5,445 5,365 5,459 5,593
-6.9 252 273 314 347
+1.6 356 366 446 495
-0.9 60,668 60.670 60,280 61,215
-1.5 14,309 15,156 14,347 14,770
+1.7 162,039 160,768 159,097 156,7t3
+2.8 139,555 138,107 135,987 133,073


-2.6 -5.9 16,718 17,031 17,399 17,764
-0.9 -1.4 8,529 8,299 8,392 8,566

+3.0 +2.9 5,575 5,192 5,349 5,457

+1.0 +0.7 11,614 11,120 10,972 11,085


-4.9 +1.1 4,201 3.747 4,060 4,301
+5.8 +6.4 779 752 711 703

-0.8 +0.7 230,305 229,393 228,301 226.974
-4.5 -1.0 5,469 5,337 5,342 5,447

+3.0 -0.3 11,415 11,498 11,342 11,476

+0.1 +0.6 112,429 112,120 110,771 111,100


-1.4 +0.9 278,809 277,879 277,743 276,127
+0.6 +0.6 133,066 131,512 131,400 131,045
-3.2 +1.1 145,743 146,367 146,343 145,082


-3.3 +3.0 3,802 3,405 3,626 3,805


See footnotes at end of table 2.


357,046
2,710
20,558
9,375

7.467
19.900
58.532
15,016

6.284
3,888
4,242
18,075
82,651


5.887
405
387
58,768
15,806
158,646
135,435

16,968
8,770

5.279

10,639


4,123
786

231,488
5,740

12,065

113,483


279,647
133,208
146,439


3,636











Table 4. VALUE OF MANUIACTUU RS' INVENTORIES FOR INDUSTRT GROUPS, MARKET CATEGORIES. AND SUPPLIMENTART SERIES

(Millions of dollars)

Seasonally adjusted Not seasonally adjusted

Industry End of month Percent change End of month
siC Jan. Dec. Nov. Oct. Dec.- Nov.- Oct.- Jan. Dcc. Nov. Oct. Jan.
Code 1987 1986 198 1986 Jn.P Dc.r Nov. 1987P 986 1986 1986 1986

All muasfacturing industries.. 277,020 275.533 276,416 276,007 +0.5 -0.3 +0.1 275,641 271,606 275,.187 275,619 279.029


Manufacturing Industries with
unfilled orders.................... 193,022 191,844 193,402 193,858 +0.6

Durable goods toidustries............ 184,894 183.800 185,496 185,358 +0.6
With unfilled orders.............. 169,229 168,198 169,764 170,325 +0.6
32 Stone, clay, and glee product*... 5,602 5.559 5,581 5,480 +0.8
322 Glass containers................ 705 692 672 652 +1.9
33 Primary metals.................... 15,426 15,869 15,510 15,514 -2.8
331 Blast furnaces, steel Ill ..... 6,104 6,347 6,349 6,272 -3.8
333-9 Nonferrous and other primary
metals........................ 8,136 8,343 8,021 8,079 -2.5
34 Fabricated metal products......... 18,540 18,565 18,616 18,533 -0.1
361 Metal cane, barrels, and drume.. 2,354 2,369 2,500 2.393 -0.6
35 Machinery, except electrical...... 36,020 35,910 36,697 36,690 +0.3
351 Engines and turbines............ 1,905 1,861 1,964 1,945 +2.4
352 Farm machinery and equipment.... 1,697 1,730 1,717 1,704 -1.9
353 Conatruction, mining, and
material handling equipment.... 5.628 5,593 5,746 5,846 +0.6
354 Metalworking machinery.......... 2,835 2,771 2,784 2,745 +2.3
356 General industrial machinery.... 3,044 3,134 3,195 3,202 -2.9
357 Office and computing machines... 9,847 9,836 10,195 10,300 +0.1
36 Electrical machinery.............. 34,116 33,883 34,173 34,361 +0.7
361,2 Electrical transmission and
distribution equipment and
Industrial apparatus........... 4.,171 3,993 4.104 4,075 +4.5
363 Household appliances............ 2,376 2,354 2,395 2,397 +0.9
365 Radio and TV.................... 1,626 1,628 1,600 1,621 -0.1
366 Comunication equipment......... 14,963 15,005 15,061 15,084 -0.3
367 Electronic components ........... 6,078 5,979 5,935 6,041 +1.7
37 Transportation equipment.......... 50,423 49,385 50,645 50,702 +2.1
371 Motor vehicles and parts........ 10,830 10,968 11,008 10,645 -1.3
372.6 Aircraft, misalles, and parts... 36.263 35,224 36,249 36,657 +2.9
3731.95 Shipbuilding and military
tank vehicles.................. 1,768 1,687 1,825 1,781 +4.8
38 Instruments and related products.. 9,549 9,516 9,702 9,704 +0.3
381-4 Scientific and engineering
instruencts.................... 6,631 6,728 6,877 6,843 -1.4
386 Photographic goods.............. 2,296 2,181 2.204 2,239 +5.3
24,25,
39 All other durable goods........... 15,218 15,113 14,572 14,374 +0.7

Nondurable goods industries......... 92,126 91,733 90,920 90,649 +0.4
With unfilled orders.............. 23,793 23,646 23,638 23,533 +0.6
20 Food and kindred products......... 21,309 21,239 21,122 21,205 +0.3
201 Meat products................... 2,202 2,205 2,220 2,254 -0.1
208 Beverages....................... 3,368 3,418 3,433 3,385 -1.5
207 Fate and oila................... 1,000 958 957 1,060, 4.4
203-6,9 All other foods................. 12,845 12,772 12,621 12,667 40.6
21 Tobacco products.................. 3,191 3,108 3,053 3,034 +2.7
22 Textile mill products............. 6.283 6.250 6,252 6,310 +0.5
26 Paper and allied products......... 10,249 10,250 10,040 9,962 0.0
261-3,6 Pulp, paper etc................. 4,147 4,078 3,993 3,917 +1.7
265 Paperboard containers..-........ 2,587 2,463 2,375 2,392 +5.0
264 All other paper products........ 3,515 3,709 3,672 3,653 -5.2
28 Chemicale and allied products..... 22,935 22,943 22,398 22,297 0.0
281,6 Industrial chemicals, except
pigments....................... 6,993 7,083 6,778 6,727 -1.3
283,4 Drugs, soaps, and toiletriee.... 7,522 7,385 7,351 7,368 +1.9
29 Petroleum and coal products....... 5,629 5,538 5,493 5,512 +1.6
30 Rubber and plastics products...... 6,258 6,364 6,281 6,150 -1.7
23,27,
31 All other nondurable goods........ 16,272 16,041 16,281 16,179 +1.4

Market categories:
Hom goods and apparel............ 22,786 22,591 22,524 22,359 +0.9
Consumer staples.................. 34,900 34,549 34,386 34,317 +1.0
Equipment and defense products,
except automotive................ 81,247 80,349 82,464 82,723 +1.1
Automotive equipment.............. 12,907 13,015 13,114 12,762 -0.8
Construction materials, supplies
and Intermdiate products........ 18,854 18,776 18,482 18,178 +0.4
Other materials, supplies, and
intermediate products............ 106,326 106,253 105,446 105,668 +0.1

Supplematary eriees:2
Capital goods Industries.......... 95,645 94,231 96,585 97,135 +1.5
Nondefense...................... 66,951 66,078 67.560 67,914 +1.3
Defense......................... 28,694 28.153 29.025 2-,221 +1.9

Household durable goods
lodustries....................... 11,896 11,823 11.695 11,591 40.6


-0.8 -0.2 190,972 188.400 191,827 193,175

-0.9 +0.1 183,317 180,682 183,994 184,747
-0.9 -0.3 167,539 165,372 168,640 170,028
-0.4 +1.8 5,541 5,466 5,400 5,306
+3.0 +3.1 685 671 665 645
+2.3 0.0 15,472 15,631 15.477 15,465
0.0 +1.2 6,183 6,372 6,444 6,341

+4.0 -0.7 8,120 8,109 7,909 7,974
-0.3 +0.4 18,393 18,096 18,034 18,181
-5.2 +4.5 2,370 2,149 2,115 2,027
-2.1 0.0 35,757 35,404 36,518 36,595
-5.2 +1.0 1,914 1,861 1,964 1,950
+0.8 +0.8 1,700 1,678 1,641 1,622

-2.7 -1.7 5,583 5,504 5,717 5,805
-0.5 +1.4 2,809 2,727 2,792 2,756
-1.9 -0.2 3,059 3,112 3,166 3,160
-3.5 -1.0 9,650 9,698 10,164 10,393
-0.8 -0.5 33,572 33,270 33,851 34,274


-2.7 +0.7 4,091 3,936 4,108 4.118
-1.7 -0.1 2,343 2.229 2,232 2,282
+1.8 -1.3 1,543 1,579 1,584 1,602
-0.4 -0.2 14,820 14,799 15,005 15,142
+0.7 -1.8 5,981 5,985 5,905 6,023
-2.5 -0.1 50,004 48,689 50,777 51,004
-0.4 +3.4 10,985 10,860 11,118 10,877
-2.8 -1.1 35,621 34,531 36,212 36,725

-7.6 +2.5 1,770 1,695 1,818 1,791
-1.9 0.0 9,416 9,299 9,609 9,620

-2.2 +0.5 6,558 6,600 6,843 6,781
-1.0 -1.6 2,234 2,094 2,169 2,237

+3.7 .1.4 15,162 14,827 14,328 14,302

+0.9 +0.3 92,324 90,924 91,193 90,872
0.0 +0.4 23,433 23,028 23,187 23,147
+0.6 -0.4 21,878 21,669 22,333 22,314
-0.7 -1.5 2,231 2,119 2,280 2,227
-0.4 +1.4 3,429 3.418 3,361 3,344
+0.1 -9.7 1,136 1,114 1,163 1,083
+1.2 -0.4 13.192 13,206 13,706 13,832
+1.8 +0.6 3,398 3,270 3,105 3.083
0.0 -0.9 6,287 6,100 6,098 6,100
+2.1 +0.8 10,119 10,117 10,010 9,841
+2.1 +1.9 4,098 4,067 3,993 3,897
+3.7 -0.7 2,546 2,443 2,354 2,347
+1.0 +0.5 3,475 3,607 3,663 3,597
+2.4 +0.5 22,986 22,804 22,346 22,063

-4.5 +0.8 7,028 6,984 6,758 6,680
+0.5 -0.2 7,409 7,237 7,366 7,280
+0.8 -0.3 5,612 5,431 5,721 5,652
+1.3 +2.1 6.182 6,258 6,107 6,028

-1.5 +0.6 15,862 15,275 15,473 15,791


+0.3 +0.7 22,408 21.743 21,491 21,749
+0.5 +0.2 35,347 34,705 35,296 35.300

-2.6 -0.3 80,515 79,345 82.091 82,668
-0.8 +2.8 13.133 12,977 13,222 12,918

+1.6 +1.7 18,683 18,476 18,125 18,005

+0.8 -0.2 105,555 104,358 104,962 104,979


-2.4 -0.6 94,405 92,581 96,275 97,203
-2.2 -0.5 66,289 64,897 67,724 68,266
-3.0 -0.7 28,116 27,684 28,551 28,937


+1.1 +0.9 11,705 11,457 11,272 11,353


See footnotes atc and of cable 2.


194,082

186,961
171.220
5,559
636
17,379
7,602

8,522
18,994
2,277
39,132
1,853
1,845

6,222
2,792
3,500
11,850
33,088


4,208
2,223
1,262
14,577
5,940
48,850
11,463
34,145

1,507
9,480

6,724
2,157

14,479

92,068
22,862
21,519
2.323
3,446
1,254
12,816
3,478
6,482
9,682
3,.893
2,340
3,449
21,609

6,619
6,753
7,304
6,307

15,687


21,611
34,098

83,352
13,795

18,773

107,400


95,840
69.623
26,217


10,765









Table 5. VALUE OF MANUFACTURERS' INVENTORIES, BT STAGE OF FABRICATION. IT INDUSTRY GROUP

(Millions of dollars)

Seasonally adjusted Not seasonally adjustedl

Industry End of month Percent change End of monch
SIC Jan. Dec. Nov. I Oct. Dec.- N.- No- Oct.- Jan. Dec. Nov. Oct. Jan.
Code 1987P 1986r 1986 1986 Jan.P Dec.r Nov. 1987P 1986r 1986 1986 1986

MATERIALS AND SUPPLIES


32
33
34
35
36
37
38
24.25,
39


20
21
22
26
28
29
30
23,27,
3!


All manufacturing Industries.. 87,134 86,889 85,904 86,141 +0.3

Durable goods industries ............ 51,275 51,095 50,606 50,561 +0.4
Scone, clay, and glass products... 1,687 1,687 1,694 1,710 0.0
Primary metals.................... 4.526 4.,583 4,537 4,557 -1.2
Fabricated mcal products......... 6,784 6,759 6,802 6,744 +0.4
Machinery, except electrical...... 10.458 10,396 10,346 10,345 +0.6
Electrical Machinery.............. 7,744 7,690 7,700 7,697 +0.7
Transportation equipment.......... 11,721 11,716 11.591 11,536 0.0
Instruments and related products.. 2,636 2,633 2,646 2,627 +0.1

All other durable goods........... 5,719 5,631 5,290 5.345 +1.6

Nondurable goods industries......... 35.859 35.794 35,298 35,580 +0.2
Food and kindred products......... 7,882 7.906 7,870 7,986 -0.3
Tobacco products.................. 2,796 2,575 2,426 2,408 +8.6
Textile mill products............. 1,862 1,903 1,858 1,918 -2.2
Paper and allied products......... 5,051 5,035 4,984 4,921 +0.3
Chemicals and allied products..... 8,364 8,439 8,354 8,519 -0.9
Petroleum and coal products....... 1,469 1,708 1,621 1.652 -14.0
Rubber and plastics products...... 2,243 2,267 2,229 2.215 -1.1

All other nondurable goods........ 6,192 5,961 5,956 5,961 +3.9

WORK IN PROCESS

All manufacturing industries.. 102,767 102,353 103,772 104,412 +0.4

Durable goods Industries............ 88,680 88,260 89,778 90,507 +0.5
Scone, clay, and glass products... 726 728 755 713 -0.3
Primary metals.................... 6,518 6,827 6,630 6,593 -4.5
Fabricated metal products......... 6,839 6,901 6,920 6,826 -0.9
Machinery. except electrical...... 13,758 14,058 14,496 14,639 -2.1
Electrical Machinery.............. 20.151 19.959 20,254 20,456 -1.0
Transportation equipment.......... 33,432 32,544 33,404 33,963 *2.7
Instruments and related products.. 3,862 3,862 4,022 4,045 0.0

All other durable goods........... 3,394 3,381 3,297 3,272 +0.4

Nondurable goods industries......... 14,087 14,093 13.994 13,9C5 0.0
Food and kindred products......... 1,552 1,547 1.645 1,670 +0.3
Tobacco products.................. 111 327 304 297 -66.1
Textile mill products............. 1,976 1,864 1,925 1,892 *6.0
Paper and allied products ......... 1,227 1,223 1,209 1,186 +0.3
Chemicals and allied products..... 3.599 3,453 3,4*5 3,479 -4.2
Petroleum and coal products ....... 703 759 746 769 -7.4
Rubber and plastics products ...... 1.248 1.316 1,264 1,194 -5.2

All other nondurable goods ........ 3,671 3,604 3,456 3,418 +1.9

FINISHED GOODS

All manufacturing industries.. 87,119 86,291 86,740 85,454 +1.0

Durable goods industries............ 44,939 44.445 45,112 44,290 +1.1
Scone,. clay, and glass products... 3,189 3.144 3.132 3,057 +1.4
Primary metals.................... 4,382 4,459 4,343 4,364 -1.7
Fabricated metal products......... 4,917 4,905 4,894 4,963 +0.2
Machinery, except electrical...... 11,804 11,456 11,855 11,706 +3.0
Electrical Machinery.............. 6,221 6.234 6,219 6,208 -0.2
Tranaportaticlon equipment.......... 5,270 5.125 5,650 5.203 -2.8
Instruments and related products.. 3,051 3.021 3.034 3,032 -1.0

All other durable goods........... 6.105 6,101 5,985 5,757 -0.1

Nondurable goods industries......... 42,180 41,846 41,628 41,164 *0.8
Food and kindred products......... 11,875 11,786 11,607 11,549 +0.8
Tobacco products.................. 284 206 323 329 -37.9
Textile mtll products............. 2.445 2,483 2,469 2.500 -1.5
Paper and allied products......... 3,971 3,992 3,847 3,855 -0.5
Chemcals and allied products..... 10.972 11.051 10,599 10,299 -0.7
Petroleum and coal products....... 3,457 3,071 3.126 3,091 .12.6
Rubber and plastics products...... 2,767 2,781 2,788 2,741 -0.5

All other nondurable goods........ 6,409 6,476 o.869 6,800 -1.0


+0.5
+1.5
-36.2
-*0.6
.3.8
*4.3
-1.8
-0.3


-1.1 42,049 41,125 42,193 41,797
+0.5 12,033 11,915 12,538 12,643
-1.8 279 185 327 326
-1.2 2,423 2,377 2,395 2,411
-0.2 3,906 3,862 3,848 3,751
.2.9 11,035 11,046 10.710 10,238
-1.1 3.478 3,077 3,370 3,255
+1.7 2,708 2,627 2,641 2,617


-5.7 .1.0 6,187 6,036 6,364 6,556


'Preliminary. rReitd.


+1.1 -0.3 87,626 87,109 85,528 85,656

1,.0 +0.1 51,261 50,970 50,541 50,615
-0.4 -0.9 1,685 1.699 1,679 1,706
+1.0 -0.4 4,610 4,717 4,655 4,631
-0.6 +0.9 6,804 6,708 6,638 6,652
+0.5 0.0 10,463 10,332 10,318 10,311
-0.1 0.0 7,724 7,621 7,573 7,636
-1.1 +0.5 11,598 11,585 11,621 11,522
-0.5 +0.7 2,633 2,616 2.630 2,635

46.4 -1.0 5,744 5,692 5,427 5.522

+1.4 -0.8 36,365 36,139 34,987 35,041
+0.5 -1.5 8,246 8,158 8,134 8,019
+6.1 +0.7 3,020 2,781 2,357 2,281
+2.4 -3.1 1,869 1,877 1,793 1,805
.1.0 +1.3 5,014 5,088 4,961 4,902
-1.0 -1.9 8,421 8,410 8,190 8,349
+5.4 -1.9 1,459 1,636 1,607 1,646
+1.7 +0.6 2,237 2,343 2,196 2,210

+0.1 -0.1 6,099 5.846 5,749 5,829



-1.4 -0.6 101,774 100,121 103,455 104,803

-1.7 -0.8 87.864 86,461 89,442 90,769
-3.6 +5.9 719 702 714 681
+3.0 +0.6 6,588 6,586 6,562 6.561
-0.3 +1.4 6,682 6,559 6,664 6,753
-3.0 -1.0 13,697 13,859 14,543 14,768
-1.5 -1.0 19,836 19,601 20,205 20,498
-2.6 -1.6 33,149 32,051 33,491 34,260
-4.0 -0.6 3,794 3,767 3,999 4,013

+2.5 -0.8 3,399 3,336 3,264 3,235

+0.7 +0.6 13,910 13,660 14,013 14,034
-6.0 -1.5 1,599 1,596 1,661 1,652
+7.6 .2.4 99 304 421 476
-3.2 +1.7 1,995 1,846 1,910 1.884
+1.2 +1.9 1,199 1.167 1,201 1,188
+0.2 -1.0 3,530 3,348 3,446 3,476
+1.7 -3.0 675 718 744 751
-4.1 +5.9 1,237 1.288 1,270 1,201

-4.3 +1.1 3,576 3,393 3,360 3,406



-0.5 +1.5 86,241 84,376 86,204 85,160

-1.5 -1.9 44,192 43.251 44,011 43,363
+0.4 +2.5 3,137 3,065 3,007 2,919
.2.7 -0.5 4,274 4,328 4,260 4,273
+0.2 -1.4 4,907 4,829 4,732 4,776
-3.4 +1.3 11,597 11,213 11.657 11,516
+0.2 +0.2 6.012 6,048 6,073 6,140
-9.3 +8.6 5,257 5,053 5,665 5,222
-0.4 +0.1 2,989 2,916 2.980 2,972

+1.9 +4.0 6.019 5,799 5,637 5,545


32
33
34
35
36
37
38
24,25,
39


20
21
22
26
28
29
30
23,27,
31


32
33
34
35
36
37
38
24,25,
39


20
21
22
26
28
29
30
3,21
31


88.323

52,324
1,752
5,078
7,286
10,843
7,721
11,446
2,643

5,555

35,999
7,780
2,976
2,057
4,784
8,007
2,062
2,255

6,078



103,653

89,679
776
7,087
6,767
16.204
19,425
32,188
3,974

3,258

13,974
1.689
196
1.846
1,118
3,473
1,043
1,226

3,383



87,053

44,958
3,031
5,214
4,941
12,085
5,942
5,216
2.863

5,666

42,095
12,050
306
2,579
3,780
10,129
4.199
2.826

6,226










Table 6. RATIO OF MANUFACTURERS' INVENTORIES TO SHIPMENTS AND UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP

(Based on seasonally adjusted data)

Inventory/shipments ratio Unfilled orders/shipments ratio1

Industry
SIC Jan. Dec. Nov. Oct. Jan. Dec. Nov. Oct.
Code 1987P 1986r 1986 1986 1987P 1986r 1986 1986

All manufacturing indutriet............. 1.41 1.35 1.40 1.41 3.39 3.20 3.32 3.31

Durable goods industries....................... 1.76 1.64 .'4 1.73 4.21 3.92 4.06 4.05
32 Stone. clay, and glass products.............. 1.07 1.12 1.12 1.10 0.54 0.58 0.59 0.59
33 Primary metals.............................. 1.68 1.66 1.63 1.59 2.17 2.13 2.03 1.98
34 Fabricated metal products,................... 1.34 1.32 1.33 1.29 1.50 1.48 1.45 1.39
35 Nachinery, except electrical................. 2.28 2.05 2.18 2.19 3.50 3.19 3.42 3.41
36 Electrical machinery......................... 2.11 1.89 1.94 2.03 5.11 4.69 4.76 5.01
37 Transportation equipment................ 1.77 1.54 1.83 1.79 10.69 9.07 9.93 10.08
38 Inoaruments and related products.............. 2.05 1.97 2.05 2.01 1.84 1.75 1.80 1.79

Nondurable goods industries.................... 1.01 1.00 1.00 1.02 0.49 0.48 0.49 0.49
20 Food and kindred products .................... 0.79 0.80 0.79 0.80 (X) (X) (X) (X)
21 Tobacco products...................... ...... 3.02 1.29 1.50 2.04 (X) (X) (X) (X)
22 Textile mall products....................... 1.38 1.34 1.33 1.32 (NA) (NA) (NA) (NA)
26 Paper and allied products.................... 1.05 1.04 1.06 1.06 (NA) (NA) (NA) (NA)
28 Chemical* and allied products................... 1.21 1.25 1.25 1.25 (X) (X) (X) (X)
29 Petroleum and coal products.................. 0.50 0.50 0.50 0.54 (X) (X) (X) (X)
30 Rubber and plastics products ................. 1.52 1.56 1.54 1.54 (X) (X) (X) (X)

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

IExcludes the following industries with no unfilled orders: Wood and lumber products; glass containers; metal cans., barrels, and drums; farm machin-
ery and equipment; motor vehicle assembly operations; other transportation equipment; foods and related products; tobacco; apparel and related products;
building paper; die-cut paper and board; chemicals; petroleum and coal products; and rubber and plastics products, n.e.c.




Table 7. AVERAGE REVISIONS TO PREVIOUSLY PUBLISHED MONTHLY PERCENT CHANCES

(Based on seasonally adjusted data)

Shipments New orders Unfilled orders Inventories

Year All Jan. Year All Jan. Year All Jan. Year All Jan.
industry ago Jan. 1986- ago Janm. 1986- ago Jans. 1986- ago Jane. 1986-
SIC Jan. 1982- Dec. Jan. 1982- Dec. Jan. 1982- Dec. Jan. 1982- Dec.
Code 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986


All manufacturing industries..... 0.0 0.4 0.3 0.4 0.6 0.3 0.0 0.2 0.1 0.1 0.1 0.1

Durable goods industries............... 0.4 0.6 0.4 0.7 0.8 0.6 0.1 0.2 0.1 0.0 0.1 0.1
32 Stone, clay, and glass products ...... 2.1 1.7 1.3 2.5 1.6 1.5 0.7 1.2 0.8 0.3 1.0 0.3
33 Primary metals....................... 1.1 0.8 0.5 1.3 1.2 0.4 1.3 0.6 0.3 0.0 0.1 0.3
34 Fabricated metal products............ 1.2 1.5 1.0 1.2 1.7 1.1 0.1 0.4 0.4 0.2 0.2 0.3
35 Machinery, except electrical......... 1.8 1.5 0.6 2.1 1.4 1.2 0.1 0.3 0.2 0.1 0.1 0.2
36 Electrical machinery................. 0.6 1.9 0.3 4.1 2.0 0.8 0.7 0.5 0.1 0.2 0.2 0.2
37 Transportation equipment............. 1.2 1.1 0.3 0.9 2.1 1.1 0.0 0.3 0.2 0.0 0.2 0.1
38 Instruments and related products..... 0.4 0.9 1.3 0.7 1.6 1.6 0.6 0.5 0.4 0.4 1.0 0.3

Nondurable goods industries............ 0.2 0.5 0.3 0.3 0.6 0.4 0.1 0.4 0.4 0.3 0.3 0.2
20 Food and kindred products............ 0.5 1.2 0.3 (X) (X) (X) (X) (X) (X) 0.4 0.6 0.2
21 Tobacco products..................... 0.0 0.5 0.5 (X) (X) (X) (X) (X) (X) 0.2 0.2 0.1
22 Textile mill products................ 0.6 1.6 1.5 (NA) (NA) (NA) (NA) (NA) (NA) 2.4 0.8 0.9
26 Paper and allied products............ 0.0 1.1 0.5 (NA) (NA) (NA) (NA) (NA) (NA) 0.0 0.5 0.2
28 Chemicals and allied product ......... 1.3 1.5 1.0 (X) (X) (X) (X) (X) (X) 0.4 0.5 0.4
29 Petroleum and coal products.......... 1.7 1.2 0.8 (X) (X) (X) (X) (X) (X) 0.0 1.0 0.7
30 Rubber and plastic products......... 0.4 1.2 0.9 (X) (X) (X) (X) (X) (X) 0.1 0.3 0.4

Capital goods Iadustriea:
Nondefense........................... 1.2 1.7 0.4 0.9 1.3 0.6 0.0 0.2 0.1 0.1 0.1 0.1
Defense.............................. 3.3 1.6 0.9 0.1 4.1 3.3 0.1 0.4 0.2 0.1 0.3 0.2


Note: The revliloos are the differences between the month-to-month percent changes of the preliminary and final estimates. The monthly averages are
the suple averages of the differences, without regard to sign, for the month specified. The advance to final percent change differences for the
durable goods lodustries are shown in the advance report for the month.


(X) Not Applicable (NA) Not available.




U.S. Department of Commerce I II o'
BUREAU OF THE CENSUS UNIVERSITY OF FLORIDA
Washington, D.C. 20233

Official Business 3 1262 08590 3887
Penalty for Private Use, $300

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US DEPARTMENT OF COMMERCE
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NOTICE


Effective with the February 1987 Advance Report on Dur:ble Goods to be Issued on March 2-, and the
regular Manufacturers' Shipments, Inventories and Ord-ers HM3i report to be issued on March 31, the
following changes in the M3 survey will be impleaenced:

o Concurrent seasonal adjustment of the M3 data series till begin. Concurrent seasonal
adjustment uses all available unadjusted estimates, including the current month, to
calculate seasonal factors for generating the seasonally adjusted data series. Several
industry categories will no longer be adjusted, due to lack of seasonal variation in the
series. For these series, unadjusted data will be included in both the seasonally adjusted
and unadjusted aggregates.

o Inventory data will be valued on a current cost (or pre-LIFOi basis. Currently, the
inventory data are reported at book value using an' generally accepted method o[ account In
(FIFO, LIFO, etc.).

o The household durable goods series will be eliminated from the advance report. Durable
goods excluding defense orders and separate iata for electrical and nonelectlcal machinery
will be added. Five series will be eliminated from the regular report because they do not
meet publication standards; six others will be added.

o The current data format which shows current and three prior mo.-tns of data will be replaced
by current and two prior months plus current imont" one .ear ag..

o An annual report including data for 1982-148 will be issued prior to the Februarv advance
report on durable goods. This report will contain rejlsions t-o the monthly data to reflect
benchmarking to the 1982 Census of Manufactures and 19d3-1985 Annual Surveys of Manufactures,
corrections to monthly data for reports received too late for inclusion It the monthly
publications, and updating of seasonal factors.

Any questions regarding this announcement can be answered by calling 3(11') 7o3-2502.


PUBLICATION DATES FOR THE d1i' M'NTHLY 13 SURVEY
MANUFACTURERS' SHIPMENTS, INvENTORIES, AND ORDERS


Advance Report Resnlar Report
Report Release Dates Release Dates
Covering (8:30 a.m. release time' (I-.l:i a.m. release time)


January Tues., Feb. 24 Wed.. Mar. 4
February Tues., Mar. 24 Tues., Mar. 31
March Wed., Apr. 22 Thurs., Apr. 30
April Fri., May 22 Tues., June ?
May Tues., June 23 Tues.. June 30
June Thurs., Jul. 23 Fri., Jul. 31
July Tues., Aug. 25 Tues., Sept. I
August Wed., Sept. 23 Thurs., Oct. I
September Fri., Oct. 23 Mon., Nov. 2
October Tues., Nov. 24 Thurs., Dec. 3
November Tues., Dec. 22 Thurs.. Dec. 3J
December Tues., Jan. 26, 1IF9 We. Feb. 3, 1968