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:
AA00008477:00173

Related Items

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

Full Text

CURRENT INDUSTRIAL REPORTS


U.S. Department of Commerce .
BUREAU OF THE CENSUS .

All figures in texf~brt ,

New orders for manufactured products rose in August by
$2.5 billion or 2 percent to $111.1 billion the Department of
Commerce, Bureau of the Census reported today. This is the
largest increase in new orders since March 1977 when new
orders increased by 4.9 percent and follows 4 months of virtu
ially no change or declining new orders. Following a 1.1
percent increase in June and 1.3 percent decrease in July,
shipments of manufactured products rose in August by 2
percent or $1.7 billion to $111.0 billion. With the new orders
level slightly exceeding the shipments level, the backlog of
unfilled orders increased by $0.2 billion or less than 1 percent
to $182.7 billion. Inventories held by manufacturers increased
by $0.4 billion or less than 1 percent percent to $174.9 billion.
New orders for durable goods industries increased by $2.3
billion or 4 percent (revised upwards by $0.5 billion or 1
percent from the earlier estimate). Excluding transportation,
new orders increased by $2.6 billion or 6 percent. Virtually all
industries except transportation equipment showed increases
with the largest rises occurring in the nonelectrical machinery
industries ($0.8 billion or 8 percent), fabricated metal products
industries ($0.6 billion or 9 percent), and primary metals
industries ($0.3 billion or 3 percent). New orders for non-
durable goods industries increased $0.2 billion to $52.8 billion.
The 2 percent or $1.2 billion increase in durable goods
shipments was reflected in all industries except in the trans-
portation industries which declined $0.4 billion or 3 percent
and in the electrical machinery industries which remained at the
July level of $6.9 billion. The largest contributors to the in-
crease were the nonelectrical machinery industries which rose
$0.5 billion or 5 percent to $10.5 billion and the fabricated
metal products industries which rose $0.3 billion or 5 percent.
The remainder of the increase was spread throughout the other
industries. Nondurable goods shipments increased $0.5 billion
or 1 percent to $52.9 billion with the largest increases in the
printing and publishing, the paper and allied products and the
textile mill products industries.
Unfilled orders for all manufacturing industries increased
$0.2 billion to $182.7 billion. Excluding transportation, unfilled
orders for all manufacturing industries showed a $0.9 billion or
1 percent increase. Most of the increase is reflected in the
durable goods industries excluding transportation which in-
creased $1.1 billion or 1 percent. The major increases were
registered in nonelectrical machinery ($0.4 billion) and primary
metals industries ($0.3 billion). The transportation equipment
industries declined $0.7 billion or 1 percent with declines in
aircraft and parts ($0.5 billion or 1 percent) and shipbuilding
and military tank vehicles ($0.3 billion or 4 percent). Non-


,, *^*


Address inquiries concerning these figures to U.S. Department of Commerce, Bureau of the Census, Industry Division, Washington, D.C. 20233, or
call William Menth, (301) 763-2502.
For sale by the Subscriber Services Section (Publications), Bureau of the Census, Washington, D.C. 20233, or any U.S. Department of Commerce
district office. Postage stamps not acceptable; currency submitted at sender's risk. Remittances from foreign countries must be by international money
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Manufacturers' Shipments,

Inventories, and Orders



-,. AUGUST 1977
For Release 2:00 P.M October 3, 1977
Series: M3-1(77)-8
a"nally adjusted current dollars.

durable goods backlog of unfilled orders fell by $0.1 billion to
$8.3 billion.
The nondefense capital goods industries reported an increase
in their new orders of $0.3 billion or 2 percent to $14.7 billion
bringing the level up to the average level for the first seven
months of 1977. The increase is a $0.3 billion or 2 percent rise
over the figures previously reported reflecting more complete
coverage of aircraft manufacturers. Shipments increased $0.5
billion or 3 percent to $15.0 billion and unfilled orders declined
$0.3 billion or less than 1 percent to $81.9 billion. The in-
ventories held by producers in nondefense capital goods in-
dustries increased $0.1 billion or less than 1 percent. New orders
for the defense capital goods industries increased $0.1 billion or
5 percent to $2.0 billion while shipments and unfilled orders
decreased $0.1 billion or 3 percent and $0.5 billion or 2 per-
cent, respectively.
Beginning in 1976, the fiscal year for the Federal Govern-
ment was changed from a July 1-July 30 basis to an October
1-September 30 basis. This change in the Government's fiscal
year probably affected the awarding of contracts and other
financial arrangements. Although the impact of this change is
not known, the use of previously established seasonal patterns
would have substantially distorted the current data since these
seasonal factors reflect historical Government purchasing
patterns. Therefore, beginning in July 1977, new composite
seasonal factors were developed by combining the existing end
of fiscal year information with data for the previous calendar
quarter (i.e., one quarter preceding the end of the fiscal year).
These composite factors were applied to the unfilled orders data
for each of the separately tabulated defense industries. This
adjustment also modified the new orders data. Similar adjust-
ments could not be made for nondefense Government orders
since such data are not compiled separately. This method of
calculating the seasonal factors will be used until a sufficient
amount of data are available to assess the impact of the change
in the fiscal year on the seasonal pattern of the defense in-
dustries.
Another factor affecting the new orders level is the estimate
for the motor vehicle and assembly industry where new orders
are defined as being equal to shipments since unfilled order
backlogs are not maintained. The derivation of the shipments
data and consequently the new orders information is explained
in the footnote to Table 1.
Inventories held by manufacturers continued to rise for the
8th consecutive month showing a $0.4 billion or 0.2 percent
increase to $174.9 billion. The increase is the smallest since
January and well below the 0.7 percent average for the first 7
months of 1977. The increase was equally spread between









inventories held by producers of durable goods ($0.2 billion to
$111.1 billion) and nondurable goods ($0.2 billion to $63.8
billion). The major contributor to the durable goods increase
was in inventories held by producers of electrical machinery
industries which increased 1 percent or $0.1 billion to $15.4
billion. The increases in the nondurable goods industries were
reflected in inventories held by producers in the chemical and
the food and kindred products industries.


SCHEDULED RELEASE DATES
The figures on the durable goods industries in this report
supersede those issued earlier in the advance report on durable
goods. The present report is based on more complete reporting,
but the estimates are also considered preliminary. Final figures
will appear as historical data in the report to be publsihed for
next month. The advance report on durable goods for Septem-
ber is scheduled for release on October 25, 1977 and the full
report is scheduled for release on November 3, 1977.








Table 1.-VALUE OF MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS, BY INDUSTRY GROUP

(Millions of dollars)

Shipments Total inventories

Without seasonal Without seasonal
Industry group Seasonally adjusted adjustment' Seasonally adjusted adjustment'

Aug. July June Aug. July June Aug. July June Aug. July June
1977 1977 1977r 1977 1977 1977 1977 1977r 1977r 1977p 1977 1977r


All manufacturing indus-
tries:
Total.......... .........
Total, excluding trans-
portation..............
Total for industries
with unfilled orders...

Durable goods industries, total.

Durable goods with unfilled
orders.........................

Stone, clay, and glass products.

Primary metals, total .........
Blast furnaces, steel mills.
Nonferrous and
other primary metals.......

Fabricated metal products
total........................
Metal cans, barrels, and
drums......................

Machinery, except electrical,
total........................
Engines and turbines........
Farm machinery and equipment.
Construction, mining, and
material handling equipment.
Metalworking machinery......
General industrial machinery

Electrical machinery, total...
Electrical transmission and
distribution equipment and
industrial apparatus.......
Household appliances ........
Radio and TV................
Communication equipment .....

Transportation equipment,total2
Motor vehicles and parts2 ...
Aircraft, missiles, and
parts......................
Shipbuilding and military
tank vehicles..............

Instruments and related
products, total..............
Scientific and engineering..
Photographic goods..........

All other durable goods
industries...................

Nondurable goods industries,
total ..........................

Nondurable goods with unfilled
orders .........................

Food and kindred products,
total........................
Meat products...............
Fats and oils...............

Tobacco products..............
Textile mill products.........

Paper and allied products,
total........................
Pulp, paper, etc ............
Paperboard containers .......
All other paper containers..

Chemicals and allied products,
total........................
Industrial chemcials, except
pigments...................
Drugs, soap, and toiletries.


110,952

97,760

57,616

58,055


45,658

3,002

8,237
4,265

3,073


109,208

95,660

56,433

56,820


44,856

2,906

8,174
4,248

3,011


110,680

96,818

56,808

57,570


45,057

3,010

8,428
4,471

3,050


109,510

98,182

56,709

55, 775


44,585

3,199

7,947
4,145

2,932


102,201

90,026

51,809

52,379


41,070

2,856

7,483
3,882

2,779


116,636

101,481

60,565

62,349


48,508

3,249

9,070
4,735

3,337


7,315 6,972 7,461 7,448 6,600 7,924

660 627 688 789 712 766


10,541
932
904

1,853
606
1,019

6,886


1,347
919
483
1,791

13,192
9,164

2,713

561


2,355
1,391
788


6,527


10,037
991
817

1,844
591
855

6,900


1,351
943
489
1,811

13,548
9,403

2,719

626


2,280
1,355
737


6,003


9,716
810
842

1,821
598
836

6,753


1,316
964
511
1,804

13,862
9,712

2,732

608


9,786
816
797

1,814
533
966

6,754


1,293
963
504
1,701

11,328
7,475

2,519

545


9,137
775
695

1,779
514
803

6,236


1,168
939
392
1,672

12,175
8,207

2,563

599


10,686
911
934

1,994
667
918

7,166


1,430
1,053
521
1,899

15,155
10,606

2,937

659


174,936

154,601

116,672

111,147


102,156

4,365

17,776
10,531

6,218


13,750

1,284


25,031
2,084
2,445

5,412
1,602
2,640

15,385


3,040
1,701
869
4,882

20,335
6,929

10,421

1,392


174,571

154,194

116,608

110,978


101,960

4,321

17,819
10,591

6,216


173,818

153,448

115,954

110,421


101,444

4,251

17,645
10,500

6,150


173,564

153,389

116,056

110,354


101,416

4,336

17,501
10,299

6,200


172,902

153,221

115,891

110,110


101,065

4,367

17,694
10,422

6,272


173,022

153,279

115,972

110,229


101,188

4,318

17,645
10,395

6,230


13,682 13,472 13,814 13,790 13,624

1,291, 2,249 1,280 1,349 1,339


25,018
2,102
2,439

5,387
1,608
2,647

15,250


3,073
1,663
859
4,794

20,377
7,079

10,390

1,389


24,871
2,182
2,361

5,364
1,612
* 2,649

15,343


3,066
1,725
854
4,746

20,370
7,191

10,317

1,357


24,680
2,068
2,379

5,309
1,604
2,619

15,321


3,021
1,652
921
4,819

20,175
6,915

10,347

1,346


24,810
2,080
2,410

5,311
1,598
2,652

15,200


3,029
1,680
890
4,694

19,681
6,605

10,218

1,361


24,910
2,150
2,380

5,364
1,599
2,676

15,439


3,044
1,770
888
4,685

19,743
6,853

10,105

1,314


2,324 2,327 2,100 2,452 4,872 4,839 4,735 4,903 4,874 4,811
1,352 1,354 1,236 1,437 3,077 3,074 3,009 3,068 3,068 3,033
764 797 712 809 1,347 1,306 1,280 1,372 1,343 1,315


6,016 6,986 5,792 6,647 9,633 9,672 9,734 9,624 9,694 9,739


52,8971 52,388 53,110 53,735 49,822 54,287 63,789 63,593 63,397 63,210 62,792 62,793


11,958 11,577 11,751 12,124


15,556
3,953
1,472

708
3,541


4,553
1,984
1,048
1,521


9,100

3,068
2,145


Petroleum and coal products... 8,027
Rubber and plastics products,
n.e.c............. .......... 3,079
All other nondurable goods
industries.............. ......... 8,333
See footnotes at end of table.


15,513
3,863
1,747

676
3,423


4,433
1,947
961
1,525


9,064

2,941
2,277

8,080

3,010

8,189


15,822
3,985
1,666

695
3,464


4,586
2,008
1,039
1,539


9,554

3,451
2,276

7,921

3,120

7,948


15,563
4,024
1,488

749
3,644


4,681
2,038
1,086
1,557


9,220

3.169
2,250

8,072

3,118

8,688


10,739


14,706
3,782
1,609

689
2,988


4,220
1,887
922
1,411


8,552

2,961
1,997

8,122

2,812

7,733


12,057 14,516 14,648 14,510 14,640 14,826 14,784


15,817
3,933
1,615

738
3,725


4,822
2,086
1,074
1,662


9,807

3,344
2,315

8,131

3,294

7,953


16,261
1,378
1,545

3,560
5,464


5,610
2,136
1,466
2,008


13,774

4,052
4,080

5,684

4,127

.9 309


16,127
1,394
1,827

3,647
5,464


5,625
2,146
1,476
2,003


13,549

3,987
4,000

5,654

4,112

9,415


16,360
1,366
2,013

3,596
5,473


5,568
2,101
1,477
1,990


13,306

3,905
3,995

5,546

4,104

9,444


15,891
1,308
1,300

3,307
5,475


5,609
2.122
1,485
2,002


15,479
1,362
1,662

3,267
5,523


5,644
2,138
1,494
2,012


13,569 13,480

3,975 3,931
4,096 4,100

5,779 5,671

4,084 4,075

9,496 9,653


15,629
1,389
1,860

3,380
5,590


5,606
2,125
1,487
1,994


13,228

3,874
4,067

5,529

4,115

9,716







Table 1.--VALUE OF MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS, BY INDUSTRY GROUP--Continued

(Millions of dollars)

New orders Unfilled orders

Without seasonal Without seasonal
Industry group Seasonally adjusted Witadustmental Seasonally adjusted Withadjustmental

Aug. July June Aug. July June Aug. July June Aug. July June
19771' 1977 1977 19 1977 1977 1977r 1977 1977r 1977r 1977 p 1977r 1977r

All manufacturing indus-
tries:
Total.................... 111,133 108,598 111,524 110,721 103,311 117,596 182,716 182,541 183,150 183,838 182,632 181,521
Total, excluding trans-
portation............... 98,684 95,931 96,799 99,553 91,091 101,541 128,110 127,190 126,916 129,369 128,002 126,935
Total for industries
with unfilled orders... 57,797 55,823 57,652 57,920 52,919 61,525 -

Durable goods industries, total. 58,369 56,031 58,378 57,255 53,317 63,372 174,382 174,072 174,859 175,457 173,984 173,045

Durable goods with unfilled
orders........................... 45,972 44,067 45,865 46,065 42,008 49,531 -

Primary metals, total......... 8,566 8,311 7,959 8,415 7,495 8,417 17,671 17,342 17,205 17,692 17,225 17,215

Blast furnaces, steel mills. 4,380 4,316 3,945 4,407 3,906 4,212 11,354 11,239 11,171 11,399 11,138 11,115
Nonferrous and other
primary metal products..... 3,235 3,057 3,077 3,084 2,729 3,201 5,042 4,880 4,834 5,027 4,875 4,926

Fabricated metal products..... 7,382 6,798 7,236 7,498 6,636 7,982 23,247 23,179 23,353 23,476 23,428 23,391

Machinery, except electrical,
total.......................... 10,974 10,130 10,394 10,356 9,369 11,255 45,421 44,988 44,894 45,701 45,130 44,895

Engines and turbines........ 1,005 1,062 858 845 ,846 918 16,277 16,204 16,135 16,298 16,268 16,197
Construction, mining, and
material handlingequipment. 2,038 1,753 1,829 1,951 1,750 2,034 6,426 6,241 6,332 6,497 6,360 6,389
Metalworking machinery ...... 677 645 662 676 585 721 3,277 3,207 3,152 3,349 3,207 3,136
General industrial machinery. 937 844 1,080 1,013 765 1,027 6,724 6,806 6,816 6,711 6,663 6,700

Electrical machinery, total... 6,974 6,901 6,866 7,095 6,642 7,349 24,586 24,500 24,497 24,900 24,561 24,154

Electrical transmission and
distribution equipment and
industrial apparatus....... 1,303 1,279 1,216 1,283 1,189 1,311 5,824 5,869 5,941 5,902 5,911 5,890
Household appliances........ 866 983 966 937 994 1,063 327 381 341 371 398 342
Radio and TV................. 715 478 536 758 412 573 643 412 422 708 454 434
Communication equipment..... 1,615 1,913 1,855 1,691 1,922 1,977 11,492 11,668 11,566 11,465 11,476 11,226

Transportation equipment,
total.......................... 12,449 12,667 14,725 11,168 12,220 16,055 54,606 55,351 56,234 54,469 54,630 54,586

Aircraft, missiles, and
parts....................... 2,222 2,123 3,814 2,534 2,734 3,795 36,933 37,425 38,022 36,727 36,713 36,542
Shipbuilding and military
tank vehicles............... 221 438 386 73 399 648 8,551 8,891 9,080 8,470 8,942 9,142

All other durable goods
industries.................... 12,024 11,224 11,198 12,723 10,955 12,314 8,851 8,712 8,676 9,219 9,010 8,804

Nondurable goods industries,
total .......................... 52,764 52,567 53,146 53,466 49,994 54,224 8,334 8,469 8,291 8,381 8,648 8,476

Industries with unfilled
orders......................... 11,825 11,756 11,787 11,855 10,911 11,994 8,334 8,469 8,291 8,381 8,648 8,476
Industries without unfilled
orders ...................... 40,939 40,811 41,359 41,611 39,083 42,230 -

Represents zero. PPreliminary. rRevised.
'Adjusted for trading-day and calendar-month variations.
2Motor vehicles and parts--During July, August, and September, motor vehicle assembly plants are closed down to allow for retooling for
the forthcoming model year. Year-to-year variations in both the timing and duration of the model changeover period are sufficiently great
that the normal seasonal adjustment procedures do not adequately identify the seasonality during the period and may introduce substantial
erratic movements. To compensate for this, the estimated seasonally adjusted quarterly average is used for the seasonally adjusted data in
each of the three months. The unadjusted data, however, are not subject to any special adjustments. This series accounts for about two-
thirds of the published motor vehicles and parts shipments and about 40 percent of the published transportation equipment shipments.









Table 2.--VALUE OF MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS, FOR MARKET CATEGORIES AND SUPPLEMENTARY SERIES
(Millions of dollars)

Without seasonal Without seasonal
Seasonally adjusted Withousme nal Seasonally adjusted Without seasonal
adjustment' adjustment
Industry group
Aug. July June Aug. July June Aug. July June Aug. July June
1977p 1977r 1977 1977r 1977p 1977r 1977r 1977p 1977r 1977r 1977p 1977r

Shipments Total inventories

All manufacturing industries, total.. 110,952 109,208 110,680 109,510 102,201 116,636 174,936 174,571 173,818 173,564 172,902 173,022

Durable goods industries, total............ 58,055 56,820 57,570 55,775 52,379 62,349 111,147 110,978 110,421 110,354 110,110 110,229
Nondurable goods industries, total......... 52,897 52,388 53,110 53,735 49,822 54,287 63,789 63,593 63,397 63,210 62,792 62,793

Industry groups arranged by market
categories:
Home goods and apparel.................... 8,865 8,716 8,579 9,610 8,007 8,953 14,735 14,699 14,888 14,801 14,948 15,246
Consumer staples.......................... 19,414 19,065 19,510 19,473 18,089 19,637 24,374 23,962 23,943 24,049 23,225 23,256
Equipment and defense products, except
automotive .............................. 15,300 14,830 14,532 14,430 13,735 15,920 40,773 40,701 40,267 40,311 40,302 40,137
Automotive equipment....................... 10,930 11,105 11,490 9,339 9,937 12,659 9,136 9,189 9,363 9,100 8,705 9,018
Construction materials, supplies, and
intermediate products................... 9,855 9,480 9,665 10,435 9,432 10,671 14,515 14,465 14,290 14,558 14,527 14,385
Other materials and supplies and
intermediate products..................... 46,584 46,012 46,904 46,223 43,001 48,796 71,403 71,555 71,067 70,745 71,195 70,980

Supplementary series:2
Household durable goods industries....... 3,673 3,507 3,631 3,899 3,106 3,818 7,564 7,487 7,565 7,544 7,564 7,691
Capital goods industries................... 17,519 17,107 16,581 16,518 15,718 18,039 45,518 45,391 45,206 45,053 44,917 44,990
Nondefense ............................. 15,011 14,529 14,030 14,092 13,245 15,331 38,583 38,455 38,332 38,200 38,089 38,242
Defenses ............................... 2,508 2,578 2,551 2,426 2,473 2,708 6,935 6,936 6,874 6,853 6,828 6,748

New orders Unfilled orders


All manufacturing industries, total.. 111,133 108,598 111,524 110,721 103,311 117,596 182,716 182,541 183,150 183,838 182,632 181,521

Durable goods industries, total ............ 58,369 56,031 58,378 57,255 53,317 63,372 174,382 174,072 174,859 175,457 173,984 173,045
Nondurable goods industries, total......... 52,764 52,567 53,146 53,466 49,994 54,224 8,334 8,469 8,291 8,381 8,648 8,476

Industry groups arranged by market
categories:
Home goods and apparel.................... 9,095 8,796 8,549 9,866 8,339 9,004 3,866 3,622 3,498 4,169 3,883 3,522
Consumer staples.......................... 19,436 19,108 19,531 19,504 18,118 19,644
Equipment and defense products, except
automotive.............................. 14,471 14,484 15,779 14,222 14,272 17,417 104,241 104,906 105,334 104,569 104,418 103,803
Automotive equipment..................... 11,094 11,022 11,542 9,700 10,014 12,731
Construction materials, supplies, and
intermediate products..................... 10,004 9,418 .9,683 10,572 9,457 10,770 18,339 18,191 18,253 18,431 18,295 18,270
Other materials and supplies and
intermediate products..................... 47,033 45,770 46,440 46,857 43,111 48,030 56,270 55,822 56,065 56,669 56,036 55,926

Supplementary series:2
Household durable goods industries....... 3,908 3,589 3,587 4,197 3,407 3,857 3,106 2,874 2,790 3,428 3,131 2,828
Capital goods industries................... 16,776 16,341 17,717 16,422 16,090 19,334 112,647 113,391 114,159 112,789 112,886 112,512
Nondefense ............................. 14,738 14,409 15,535 14,411 13,783 16,667 81,906 82,179 82,302 82,482 82,161 81,622
Defense ................................ 2,038 1,932 2,182 2,011 2,307 2,667 30,741 31,212 31,857 30,307 30,725 30,890

*During 1968 manufacturers in ordnance, communications, aircraft and aircraft parts, and shipbuilding industries began to provide aggre-
gate figures on shipments, orders, and total inventories of work performed for the Department of Defense. The results of these reports are
included in these new defense series. PPreliminary. rRevised. 'Shipments and new orders adjusted for trading-day and calendar-
month variations; unfilled orders and inventories as of end of month. 2The supplementary series are regroupings of the separate in-
dustry categories as follows:

Household durable goods industries Household furniture; kitchen articles and pottery; cutlery, handtools, and hardware; household
appliances; ophthalmic goods, watches, clocks, and watchcases; and miscellaneous personal goods.
Capital goods industries The capital goods industries series is comparable to the previous Producers' Capital Goods and the Defense
Products (old series) categories.
Nondefense industries 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 ship-
building and military tank vehicles, communication equipment, aircraft, aircraft parts and ordnance.
Defense products (new series) Based on separate reports on defense work filed by large defense contractors in the following
industries: ordnance, communication equipment, complete aircraft, aircraft parts, and shipbuilding and military tank vehicles.
The data are comparable to those published annually in the MA-175, Shipments of Defense-Oriented Industries, for the specified
industries.








Table 3.--MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS MONTH-TO-MONTH AND LONG TERM PERCENT CHANGES


(Based on seasonally adjusted data)

Month-to-month Average monthly rates of change Average, 1972-1976

3 months 12 months
Item and industry group July- June- May- 3 months 12 m s Average Average
Aug. July June May-Aug. Feb.-May Nov. 1976- Aug. 1976- rise decline
7 197 1 1977 1977 Feb. 1977 Aug. 1977


Shipments:
All manufacturing industries......... +1.6 -1.3 +1.1 +0.5 +1.1 +2.1 +1.0 +1.5 -1.1

Durable goods industries, total......... +2.2 -1.3 +1.5 +0.8 +1.3 +2.3 +1.1 +1.8 -1.5
Nondurable goods industries, total..... +1.0 -1.4 +0.7 +0.1 +0.8 +1.8 +0.9 +1.6 -1.1

Total inventories:
All manufacturing industries.......... +0.2 +0.4 +0.7 +0.4 +0.8 +0.3 +0.6 +1.0 -0.4
New orders:
All manufacturing industries......... +2.3 -2.6 -0.2 -0.2 +1.6 +1.9 +1.1 +1.9 -1.7
Durable goods industries, total........ +4.2 -4.0 -1.3 -0.4 +2.4 +2.0 +1.3 +3.1 -2.1
Nondurable goods industries, total..... +0.4 -1.1 +1.2 +0.2 +0.7 +2.0 +1.0 +1.8 -1.1
Unfilled orders:
Durable goods industries, total........ +0.2 -0.5 +0.5 +0.1 +0.9 +0.8 +0.6 +1.6 -0.9











Table 4.--VALUE OF MANUFACTURERS' INVENTORIES, BY STAGE OF FABRICATION, BY INDUSTRY GROUP
(Millions of dollars)

Seasonally adjusted Without asonal Seasonally adjusted Without seasonal
adjustment adjustment
Industry group
Aug. July June Aug. July June Aug July June Aug. July June
1977 1977r 1977r 1977r 1977r 1977r 1977r 1977 1 r 1977r 1977p 1977r 1977r

Total Materials and supplies

All manufacturing industries, total.. 174,936 174,571 173,818 173,564 172,902 173,022 63,401 63,910 64,131 63,167 63,233 63,458
Durable goods industries, total............. 111,147 110,978 110,421 110,354 110,110 110,229 36,988 37,209 37,289 37,049 36,932 36,888
Stone, clay, and glass products........... 4,365 4,321 4,251 4,336 4,367 4,318 1,560 1,505 1,513 1,567 1,512 1,509
Primary metals ........................... 17,776 17,819 17,645 17,501 17,694 17,645 8,294 8,379 8,287 8,256 8,319 8,309
Machinery (electrical and nonelectrical). 40,416 40,268 40,214 40,001 40,010 40,349 11,193 11,237 11,148 11,209 11,316 11,144
Tansportation equipment................... 20,335 20,377 20,370 20,175 19,681 19,743 5,694 5,707 5,885 5,624 5,300 5,624
All other durable goods industries....... 28,255 28,193 27,941 28,341 28,358 28,174 10,247 10,381 10,456 10,393 10,485 10,302
Nondurable goods industries, total......... 63,789 63,593 63,397 63,210 62,792 62,793 26,413 26,701 26,842 26,118 26,301 26,570
Chemicals and allied products............. 13,774 13,549 13,306 13,569 13,480 13,228 5,469 5,339 5,362 5,465 5,373 5,332
Petroleum and coal products................ 5,684 5,654 5,546 5,779 5,671 5,529 1,988 1,923 1,900 1,987 1,949 1,973
Rubber and plastics products, n.e.c...... 4,127 4,112 4,104 4,084 4,075 4,115 1,516 1,510 1,484 1,507 1,504 1,494
All other nondurable goods industries.... 40,204 40,278 40,441 39,778 39,566 39,921 17,440 17,929 18,096 17,159 17,475 17,771

Work in process Finished goods

All manufacturing industries, total.. 54,104 53,694 53,013 53,845 53,315 52,666 57,431 56,967 56,674 56,552 56,354 56,898
Durable goods industries, total............. 44,558 44,120 43,584 44,315 43,761 43,252 29,601 29,649 29,548 28,990 29,417 30,089
Stone, clay, and glass products........... 708 671 669 703 671 679 2,097 2,145 2,069 2,066 2,184 2,130
Primary metals ........................... 5,980 5,892 5,809 5,894 5,915 5,795 3,502 3,548 3,549 3,351 3,460 3,541
Machinery (electrical and nonelectrical). 17,383 17,199 17,231 17,289 17,002 17,163 11,840 11,832 11,835 11,503 11,692 12,042
Transportation equipment................... 11,861 11,936 11,692 11,775 11,739 11,417 2,780 2,734 2,793 2,776 2,642 2,702
All other durable goods industries....... 8,626 8,422 8,183 8,654 8,434 8,198 9,382 9,390 9,302 9,294 9,439 9,674
Nondurable goods industries, total......... 9,546 9,574 9,429 9,530 9,554 9,414 27,830 27,318 27,126 27,562 26,937 26,809
Chemicals and allied products.............. 2,283 2,299 2,250 2,254 2,275 2,269 6,022 5,911 5,694 5,850 5,832 5,627
Petroleum and coal products................ 1,201 1,194 1,165 1,223 1,224 1,188 2,495 2,537 2,481 2,569 2,498 2,368
Rubber and plastics products, n.e.c ...... 732 723 718 710 699 707 1,879 1,879 1,902 1,867 1,872 1,914
All other nondurable goods industries.... 5,330 5,358 5,296 5,343 5,356 5,250 17,434 16,991 17,049 17,276 16,735 16,900

PPrel iminary.
rRevised.









Table 5.--RATIO OF MANUFACTURERS' INVENTORIES TO SHIPMENTS AND UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP
(Based on seasonally adjusted data)

Inventories shipments ratio Unfilled orders shipments ratio
(months' backlog)
Industry group
Aug. July June May Aug. July June May
1977P 1977r 1977r 1977 1977 p 1977r 1977r 1977

All manufacturing industries, total................... 1.58 1.60 1.57 1.58 3.17 3.23 3.22 3.23
Durable goods industries, total............................ 1.91 1.95 1.92 1.92 3.82 3.88 3.88 3.89
Stone, clay, and glass products........................... 1.45 1.49 1.41 1.49 0.92 0.92 0.90 0.96
Primary metals ........................................... 2.16 2.18 2.09 2.12 2.15 2.12 2.04 2.13
Fabricated metals ........................................ 1.88 1.96 1.81 1.85 3.49 3.65 3.45 3.58
Machinery, except electrical.............................. 2.37 2.49 2.56 2.44 4.71 4.88 5.06 4.82
Electrical machinery ..................................... 2.23 2.21 2.27 2.30 3.57 3.55 3.63 3.72
Transportation equipment.................................. 1.54 1.50 1.47 1.48 8.56 8.27 8.65 8.50
Instruments and related products........................... 2.07 2.12 2.04 2.06 1.65 1.68 1.64 1.67
Nondurable goods industries, total.......................... 1.21 1.21 1.19 1.20 0.70 0.73 0.71 0.70
Food and kindred products ............................... 1.05 1.04 1.03 1.10 (X) (X) (X) (X)
Tobacco products............................................ 5.03 5.39 5.17 5.05 (X) (x) (X) (X)
Textile mill products .................................... 1.54 1.60 1.58 1.54 (NA) (NA) (NA) (NA)
Paper and allied products................................. 1.23 1.27 1.21 1.20 (NA) (NA) (NA) (NA)
Chemicals and allied products............................. 1.51 1.49 1.39 1.40 (X) (X) (X) (X)
Petroleum and coal products............................... 0.71 0.70 0.70 0.67 (X) (X) (X) (X
Rubber and plastics products, n.e.c ...................... 1.34 1.37 1.32 1.31 (X) (X) () (X)

(NA) Not available. PPreliminary. rRevised. (X) Not applicable.
'Excludes the following industries with no unfilled orders: Wood and lumber products; glass containers; metal cans, barrels and drums;
motor vehicles assembly operations; foods and related products; tobacco; apparel and related products; chemicals; petroleum and coal
products; and rubber and plastics products, n.e.c.






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