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:
AA00008477:00209

Related Items

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

Full Text
CURRENT INDUSTRIAL R
CURRENT INDUSTRIAL REPORTS


U.S. Department of Commerce
BUREAU OF THE CENSUS


Manufacturers' Shipments,

Inventories, and Orders



FEBRUARY 1978
For Release March 30, 1978, 2:00 P.M.
M3-1 (78)-2


All figures in text belovl


Shipments of manufactured products in February rose\ .J
billion or 4.2 percent to $117.4 billion, the Departmen f
Commerce, Bureau of the Census reported today. New order
for manufactured products rose 3.8 percent or $4.4 billion to
$120.7 billion and manufacturers' inventories rose $1.6 billion
or 0.9 percent to $179.5 billion. The shipments increase was
the largest since the 4.8 percent increase in March 1977.

New orders for durable goods were $65.1 billion, $2.8 billion
or 4.5 percent above January. Since September, the new orders
for durable goods series has been somewhat volatile, partially
due to substantial month-to-month changes in new orders for
aircraft and parts. Durable goods new orders rose 5.9 percent
in October, declined 0.8 percent in November, rose 6.7 percent
in December, and fell 5.9 percent in January. The changes
during these months average to an increase of 1.5 percent or
$0.8 billion per month, which is slightly higher than the +1.4
percent average change of the last three years.
New orders for transportation equipment were $15.5 billion,
$1.5 billion or 10.8 percent above January, and accounted for
about one-half of the durable goods increase. Increases in new
orders for motor vehicles and parts ($0.8 billion or 8.4 percent)
and aircraft and parts ($0.7 billion or 21 percent) accounted for
virtually all of the increase in transportation equipment. New
orders for primary metals were $9.1 billion, 1.2 percent or $0.1
billion below January. New orders for machinery were $19.6
billion, $0.6 billion or 3.2 percent above January. An increase
of 7.1 percent or $0.7 billion in the nonelectrical machinery
component of the machinery total more than offset a $0.1
billion or 1.5 percent decline in the electrical machinery
component.
New orders for nondefense capital goods industries, which
include many of the machinery categories as well as the non-
defense portion of aircraft, shipbuilding and railroad equip-
ment, increased 7.0 percent or $1.2 billion to $17.6 billion.
Since February of last year, when new orders of $14.2 billion
were reported, this series has increased 23 percent or $3.3
billion. New orders for defense capital goods were $2.9 billion,
virtually unchanged from January.
Shipments in virtually all industries showed increases after
the widespread pattern of declines in January. Among durable
goods industries, shipments of the steel industries increased


13 percent orl.5 billion; shipments of machinery increased
0.6 3.3 percent; and shipments of transportation
sQ gtO reased $0.6 billion or 4.8 percent. Among non-
& o/ds industries, shipments of foods rose $1.0 billion
or 6.3 percent and shipments of chemicals rose $0.3 billion
or 3.0 percent to $10.1 billion.

The February increase of 0.9 percent or $1.6 billion in
manufacturers' inventories is the largest month-to-month in-
crease since May 1977 when inventories rose 1.1 percent. In-
creases in the inventories held by aircraft producers rose $0.5
billion or 5 percent and inventories held by machinery pro-
ducers rose $0.6 billion or 1.3 percent. Inventories held by
nondurable goods producers rose $0.3 billion or 0.5 percent.

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 published for
next month. The advance report on durable goods for March
is scheduled for release on April 21, 1978 and the full report
is scheduled for release on May 2, 1978.


NOTICE

The next benchmark report in this series (M3-1.7) is ten-
tatively scheduled for release at the end of March. This
report will include revisions to the shipments and inventory
series to reflect adjustments to the 1974-1976 Surveys of
Manufactures and a recomputation of the factors used to
seasonally adjust the individual series. This report will be
similar in format and content to the M3-1.6 report issued in
December 1976. The Advance Report on Durable Goods for
March 1978 (scheduled for release on April 21), will be based
on the revised series and seasonal factors contained in the
forthcoming benchmark report. Single copies of the report,
Manufacturers' Shipments, Inventories, and Orders: 1958-
1977 (Revised) M3-1.7 and a computer tape of the revised
series will be available on March 31, 1978. Appropriate order
forms are on page 7 of this publication.


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 or Kathleen Swindell, (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
order or by a draft on a U.S. bank. Price 30 cents per copy, $3.60 per year.










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

(Millions of dollars)

Shipments Total inventories


Industry group Seasonally adjusted Without seasonal Seasonally adjusted Wadthust seasonal

Feb. Jan. Dec. Feb. Jan. Dec. Feb. Jan. Dec. Feb. Jan. Dec.
1978' 1978r 1977 1978p 1978r 1977 1978P 1978r 1977 19781 1978r 1977


All manufacturing indus-
tries:
Total......... ......... 117,432
Total, excluding trans-
portation.............. 103,246
Total for industries
with unfilled orders... 60,914

Durable goods industries, total. 61,705

Durable goods with unfilled
orders......................... 48,762

Stone, clay, and glass products. 3,294

Primary metals, total......... 8,848
Blast furnaces, steel mills. 4,596
Nonferrous and
other primary metals....... 3,275

Fabricated metal products
total........................ 7,843
Metal cans, barrels, and
drums...................... 733

Machinery, except electrical,
total........................ 10,768
Engines and turbines ........ 1,118
Farm machinery and equipment. 918
Construction, mining, and
material handling equipment. 2,028
Metalworking machinery ...... 687
General industrial machinery 952

Electrical machinery, total... 7,584
Electrical transmission and
distribution equipment and
industrial apparatus ....... 1,468
Household appliances ........ 1,085
Radio and TV................ 563
Communication equipment ..... 2,066

Transportation equipment, total 14,186
Motor vehicles and parts.... 9,690
Aircraft, missiles, and
parts...................... 2,894
Shipbuilding and military
tank vehicles.............. 599

Instruments and related
products, total.............. 2,384
Scientific and engineering.. 1,445
Photographic goods.......... 794

All other durable goods
Industries................... 6,798

Nondurable goods industries,
total............. ................. 55,727

Nondurable goods with unfilled
orders......................... 12,152

Food and kindred products,
total ........................ 16,614
Meat products............... 4,428
Fats and oils..... ......... 1,491

Tobacco products.............. 786
Textile mill products......... 3,736

Paper and allied products,
total ........................ 4,708
Pulp, paper, etc............ 2,036
Paperboard containers ....... 1,058
All other paper containers.. 1,614

Chemicals and allied products,
total............. ........... 10,091
Industrial chemcials, except
pigments ................... 3,283
Drugs, soap, and toiletries. 2,452

Petroleum and coal products... 8,143
Rubber and plastics products,
n.e.c........................ 3,262
All other nondurable goods
Industries .................... 8,387
See footnotes at end of table.


8, 30'







641
8,30,
4,061

3,307


7,219

641


10,144
979
789

2,088
639
878

7,618


1,631
1,071
562
1,911

13,541
8,912

2,861

636


2,352
1,451
769


6,599


53,866


11,900


15,625
3,884
1,516

756
3,728


4,592
1,950
1,025
1,617


9,800

2,987
2,414

8,184

3,078

8,103


104.726


',- 103,627 92,145


'I I'-.3


61,149 53,873

61,734 53,840


-e. i 42,653,

- .''* Ju', 2,682


S3,5ua


3,350


7,556 7,696

588 663


11,061
891
904

2,169
649
988

7,411


1,362
1,015
591
1,862

14,355
9,760

2,789

669


11,060
1,114
939

2,138
710
957

7,626


1,530
1,029
569
2,048

14,453
10,069

2,945

571


2,449 2,316
1.452 1,455
842 717


7,024 6,488


55,254 56,346


12,330 12,187


16,051
4.110
1,571

803
3,827


4,769
2,107
997
1,665


9,820

3,347
2,382

8,382

3,273


16,803
4,393
1,613

751
3,653


4,770
2,036
1,049
1,685


10,395

3,348
2,537

8,261

3,279


8,3291 8,434


-7,917
4,049

3,006


6,562

552


9,442
883
745

2,019
598
783

6,902


1,468
877
488
1,818

12,581
8,706

2,506

572


2,146
1.384


110,685 179,531 177,934 176,720 181,510 179,767


177,363


97,511 158,720 157,642 156,491 160,380 159,058 157,005

58,137 119,828 118,638 117,847 120,818 119,384 117,541

57,715 114,491 113,209 112,558 115,768 114,053 112,291


46,278 104,902 103,895 103,233 105,929 104,685 103,088


2,763 4,647

7,956 16,617
4,047 9,063

3,065 6,466


7,071 14,231

495 1,292


10,921
1,012
711

1,924
682
995

7,267


1,351
929
616
1,938

13,174
8, 78

2,867

671


26,683
2,194
2,505

5,813
1,691
2,883

15,935


3,174
1,769
980
5,095

20,811
7,255

10,484

1,483


2,450 5,232
1,426 3,331
879 1,406


5,608 6,113 10,335


50,886 52,970 65,040


11,220


14,947
3,880
1,521

719
3,362


4,398
1,896
962
1,540


9,233

3,049
2,291

8,029

2,833

7,365


11,859 14,926


16,050
4,143
1,549

800
3,592


4,450
1,959
938
1,553


9,042

3,081
2,251

8,377

2,994


15,722
1,300
1,339

3,560
5,574


5,693
2,093
1,478
2,122


14,482

4,130
4,227

6,051

4,327


7,6651 9,631


4,607 4,469 4,724


17.370
9,782

6,501


16,924
9,281

6.,524


17,046
9,505

6,458


14,070 13,969 14,307

1,246 1,334 1,345


26,392 26,079
2,207 2,117


2,446

5,748
1,674
2,863

15,684


3,200
1,670
906
5,074

20,229
7,076

10,137

1,344


2,468

5,755
1,670
2,874

15,665


3,150
1,697
956
4,984

20,292
7,299

9,971

1,407


5,151
3,307
1,368


9,986


64,725


14,743


15,922
1,294
1,392

3,484
5,567


5,649
2,115
1,463
2,071


14,287

4,102
4,209

5,984

4,329


27,065
2,232
2,638

5,947
1,698
2,926

16,000


3,192
1,803
933
5,207

21,130
7,378

10,619

1,486


4,966 5,209
3,158 3,331
1,352 1,392


9,792


64,162


14,614


15,654
1,194
1,457

3,585
5,451


5,573
2,112
1,428
2,033


14,223

4,116
4,163

6,023

4,200


9,503 9,453


10,409


65,742


14,889


15,975
1,332
1,464

3,848
5,609


5,684
2,112
1,465
2,107


14,801

4,225
4,219

5,905

4,402

9,518


4,622

17,436
9,866

6,483


13,972

1,233


26,539
2,209
2,527

5,847
1,672
2,883

15,707


3,165
1,758
890
5,088

20,709
7,518

10,108

1,425


5,084
3,291
1,327


9,984


65,714


4,385

17,517
10,105

6,345


13,714

1,203


26,082
2,127
2,432

5,782
1, 659
2,803

15,537


3,198
1,671
867
5,048

20,358
7,161

10,123

1,406


4,926
3,199
1,284


9,772


65,072


14,699 14,453


16,488
1,303
1,565

3,791
5,536


5,664
2,109
1,446
2,109


14,569

4,208
4,167

5,921

4,348

9,397


16,385
1,178
1,669

3,829
5,306


5,619
2,120
1,425
2,074


14,448

4,182
4,150

6,017

4,248

9,220


1J 118,080









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 Witadjustmental Seasonally adjusted Wiadustmental


Feb. Jan. Dec. Feb. Jan. Dec. Feb. Jan. Dec. Feb. Jan. Dec.
1978 1978r 1977 1978p 1978r 1977 1978 1978r 1977 1978 1978r 1977


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

Durable goods industries, total.

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

Primary metals, total.........

Blast furnaces, steel mills.
Nonferrous and other
primary metal products.....

Fabricated metal products.....

Machinery, except electrical,
total ........................

Engines and turbines ........
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,
total ........................

Aircraft, missiles, and
parts......................
Shipbuilding and military
tank vehicles ..............

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

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

Industries with unfilled
orders..................... .
Industries without unfilled
orders........................


120,703

105,164

64,185

65,059


52,116

9,095

4,852

3,178

8,212


11,307

875

2,290
804
959

8,318



1,633
1,075
683
2,293


15,539


3,913

328


12,588


55,644


12,069

43,575


116,272

102,246

61,884

62,256


49,834

9,205

4,957

3,256

7,810


10,561

872

2,293
715
892

8,448



1,689
1,170
629
2,402


14,026


3,247

480


12,206


54,016


12,050

41,966


121,566

104,337

65,680

66,162


53,200

8,948

4,356

3,605

7,609


11,650

957

2,304
767
1,142

7,768



1,402
1,038
559
2,186


17,229


5,489

466


12,958


55,404


12,480

42,924


121,787

106,450

64,856

65,371


52,599

10,044

5,531

3,477

8,016


11,595

951

2,288
814
998

8,341



1,679
1,063
694
2,203


15,337


3,600

419


12,038


56,416


12,257

44,159


108,991

95,249

58,138

57,763


46,576

8,801

4,661

3,219

7,076


9,798

679

2,236
630
804

7,659



1,555
962
530
2,308


13,742


3,261

638


10,687


51,228


11,562

39,666


114,312

98,781

61,764

61,298


49,861

8,552

4,273

3,413

7,037


11,352

1,362

1,991
747
1,077

7,458



1,362
955
594
2,116


200,845

138,809



191,961




19,807

13,025

5,340

24,725


48,154

16,428

7,293
3,769
6,719

27,193



6,222
452
698
12,901


15,531 62,036


5,040 42,977

366 8,808


11,368 10,046


53,014


11,903

41,111


8,884


8,884


197,568 194,056 200,876

136,884 133,854 138,383


188,601 185,239


19,560

12,769

5,437

24,355


47,612

16,670

7,031
3,651
6,711

26,459



6,057
462
577
12,674


60,684


41,958

9,080


9,931


8,967


8,967


18,660

11,873

5,488

23,765


47,199

16,777

6,827
3,575
6,697

25,632



5,999
364
511
12,184


191,978




20,231

13,234

5,558

24,443


47,921

16,472

7,132
3,686
6,752

27,025



6,197
444
658
12,914


60,202 62,493


41,573 43,281

9,237 8,925


9,781


8,817


8,817


9,865


8,898


8,898


197,166 192,902

135,558 132,457


188,337




19,251

12,450

5,431

24,123


47,385

16,634

6,982
3,582
6,711

26,309



6,048
410
533
12,758


61,608


42,626

9,076


9,661


8,829


8,829


184,418




18,368

11,838

5,219

23,608


47,033

16,840

6,766
3,550
6,691

25,554



5,961
325
491
12,269


60,445


41,870

9,009


9,410


8,484


8,484


- Represents zero. "P
'Adjusted for trading-day


preliminary. Revised.
and calendar-month variations.


I


I


I


o


I










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

Sc.sonally adJusted itht s nal Seasonally adjusted Without seasonal
adjustment' adjustment
Industry group
v 9. Jan. Dec. Feb. Jan. Dec. Feb Jan. Dec. Feb. Jan. Dec.
197' 1977 1978977 1978P 1977 19781 1978'r 1977 1978P 1978r 1977


All manufacturing industries, total..

Dur-ble goods indus Tr ie total ............
Niindurable goods industries, total .........

[ ldusty o; I ips arranged by mark o

Hoi goods (and apparel...................

Equ ip1enl 'i d def ut ot ive . . . .
Ai ,m PT t ile equipment...... ...............
C nst ruct ion materials, supplies and
intoirmed ia te products...................
OT he rmIaler ,1a Is and supplies and
i ntr medic 13 products....................

Supplementary series :
Hiolsehold durable goods industries.......
Capital go ds industries.................
Nondefens ........... .......... ........
Defense ................ ..... ........




All manufac during industries, total .

Durable goods industries, total............
N ndurable goods industries, total .........

Industry groups arranged by market

itoe c o ds and apparel...................
Cns umer staples. ......................
Equipment and defense products, except
autom t live ........... ...................
Au tormot ive i equipmentt ....................
Construction materials. supplies, and
intermediate products ...................
Other materials and supplies and
Interned ia te products ...................


Supplementary series:"
Household durable io. ds industry ies.......
Capital goods induslr es .................
N ind.-f sense. .............................
De ense ......................... ........


Shipment s


117,432

61,705
55,727


112,749 1

58,883
53,866


9,314 9,124 9,495
20,713 19,571 20,072

15,809 15,184 16,244
11,705 10,868 11,851

10,622 10,121 10,640

49,269 47,881 48,627


3,956 3,863 4,080
18,330 17,972 18,610
15,593 15,338 15,873
2,737 2,634 2,737

New o


120,703 16,272 21.566

65,059 62,256 1 66,162
55,644 54,016 55,404


9,448|
20,718

17,985
11,903


9,348
19,600

16,726
11,076


11,070 10,576

49,579 48,946


4,086 4,047
20,483 19,355
17,578 16,428
2,905 2,927


9,556
20,050

18,738
11,963

10,774

50,485


4,159
22,210
17,366
4,844


16,929


118,080


104,726 110,685


Total inventories


179,5311177,934 1176,720 181,510 179,767


61,675 61,734 53,840 57,715 114,491 113,209 112,558 115,768 114,053
55,254 56,346 50,886 52, --- 65,040 64,725 64,162 65,742 65,714


9,253
20,784

15,869
11,867

9,921

50,386


3,873
18,630
15,936
2. 694


irder


7,960
18,564

13,805
10,280

8,472

45,645


3,343
16,355
14,021
2,334


121,787 108,991

65,371 57,763
56,416 51,228


9,4621
: ,' -..,

17,477
11,895

10,302

51, ,


4,087
20,366
17,785
2,581


8,146
18,617

15,805
10,539

8,945

46,939


3,492
18,305
15,275
3,030


8,304
19,960

16, 213
10,450

9,529

46,223


3,770
18,637
15,858
2,779


114,312

61,298
53,014



8,202
19, 943

18,126
10,682

9,587

47,772


3,708
21,295
16,908
4,387


15,103
24,293

43,134
9,540

15,583

71,878


7,774
47,780
40,801
6,979


14,948
24,319

42,032
9,631

15,209

71,795


7,625
46,701
40,045
6,656


14,558
24,085

41,964
9,392

14,887

71,834


7,403
46,670
40,020
6,650


15,069
24,704

43,684
9,736

15,670

72,647


7,809
48,280
41,205
7,075


- Unfilled orders


14,841
24,975

42,315
9,833

15,189

72,614


7,613
47,031
40,269
6,762


177,363

112,291
65,072



14,306
24,762

41,867
9,450

14,761

72,217


7,330
46,588
39,908
6,680


1 I I


200,845 197,568 1 .. 6

151.6.1 .co.601 l ..239


S4,503


}114615


4,362


8,817




4,111


112,237 110,494


19,831 19,383

61,896 61,586


3,734
124,447
89,462
34,985


3,603
122,291
87,473
34,818


18,929

60,522


3,421
120,914
86,388
34,526


200,876

191,978
8,898




4,328


114,590


19,617

62,341


3,556
124,502
89,340
35,162


197,166

188,337
8,829




4,119


112,951


19,237

60,859


3,342
122,763
87,490
35,273


192,902

184,418
8,484




3,882


110,690


18,763

59,567


3,195
120,814
86,238
34,576


.During 1968 manufacturers in ,rdnance. orlmaniniciations.s, iirraft and aircraft parts, and shipbuilding industries began to provide aggre-
g t I fiiuri-s on shi pmelnts. orders, and total invent orits of work performed fotr the Department of Defense. The results of these reports are
in luded in the defense ries. PPrelliminary. rRevised. 'Shipments and new orders adjusted for trading-day and calendar-month
vcat ins; unfilled orders and Inventories as of end of month. 2The supplementary series are regrouping of the separate industry
c. tgort ies as fi llows-

it uiehold durable (oods industries Household furniture; kitchen articles and pottery; cutlery, handtools. and hardware; household
applci nc's: ophthalmic Lood catches, ind clocks, watchcases; and miscellaneous personal goods.
Capi t oods idu ,ries tice capital g0ds i industries series is comparable to the previous Producers' Capital Goods and the Defense
Produ ct old sries cat e ries.
Nondefense industries Machinery, except electrical (excluding farm machinery and equipment and machine shops), electrical
machinery (excluding household appliances 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, communications, complete aircraft, aircraft parts, and shipbuilding and military tank vehicles. The
data are comparable to those published annually in the NIA-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, 1973-1977

3 months 12 months
Item and industry group Jan.- Dec. 1977 Nov.-3 months 12 months
Feb Dec1977 Average Average
Jan. 1978 Sept.- June- Mar.- Feb. 1977- rise decline
1978 1977
Dec. 1977 Sept. 1977 June 1977 Feb. 1978


Shipments:
All manufacturing industries......... +4.2 -3.6 +3.3 +1.5 +0.4 -0.2 +0.9 +1.6 -1.1

Durable goods industries, total........ +4.8 -4.5 +4.3 +1.7 +0.6 -0.7 +1.1 +2.0 -1.6
Nondurable goods industries, total..... +3.5 -2.5 +2.2 +1.2 +0.1 +0.4 +0.7 +1.6 -1.2

Total inventories:
All manufacturing industries......... +0.9 +0.7 -0.2 +0.1 +0.4 +0.9 +0.5 +1.0 -0.4
New orders:
All manufacturing industries......... +3.8 -4.4 +4.7 +2.6 +0.3 -0.1 +1.1 +2.0 -1.5
Durable goods industries, total........ +4.5 -5.9 +6.7 +3.9 +0.4 -0.4 +1.5 +3.2 -2.1
Nondurable goods industries, total..... +3.0 -2.5 +2.4 +1.2 +0.1 +0.3 +0.7 +1.8 -1.0
Unfilled orders:
Durable goods industries, total........ +1.8 +1.8 +2.5 +2.0 -0.0 +1.0 +1.1 +1.6 -0.9












Table 4.--VALUE OF MANUFACTURERS' INVENTORIES, BY STAGE OF FABRICATION, BY INDUSTRY GROUP

(Millions of dollars)

Without seasonal Without seasonal
Seasonally adjusted s ona Seasonally adjusted i s on
adjustment adjustment
Industry group
Feb. Jan. Dec. Feb. Jan. Dec. Feb. Jan. Dec. Feb. Jan. Dec.
1978 1978r 1977 1978p 1978r 1977 19781 1978r 1977 1978P 1978r 1977

Total Materials and supplies

All manufacturing industries, total.. 179,531 177,934 176,720 181,510 179,767 177,363 63,204 62,749 63,073 63,657 63,737 64,177
Durable goods industries, total............ 114,491 113,209 112,558 115,768 114,053 112,291 36,974 36,694 36,829 37,027 37,126 37,429
Stone, clay, and glass products........... 4,647 4,607 4,469 4,724 4,622 4,385 1,570 1,608 1,601 1,570 1,606 1,609
Primary metals............................ 16,617 17,046 17,370 16,924 17,436 17,517 7,419 7,556 8,010 7,394 7,741 8,222
Machinery (electrical and nonelectrical). 42,618 42,057 41,763 43,065 42,246 41,619 11,748 11,631 11,612 11,809 11,677 11,661
Transportation equipment.................. 20,811 20,292 20,229 21,130 20,709 20,358 5,956 5,841 5,630 6,003 5,987 5,821
All other durable goods industries....... 29,798 29,207 28,727 29,925 29,040 28,412 10,281 10,058 9,976 10,251 10,115 10,116
Nondurable goods industries, total......... 65,040 64,725 64,162 65,742 65,714 65,072 26,230 26,055 26,244 26,630 26,611 26,748
Chemicals and allied products............ 14,482 14,287 14,223 14,801 14,569 14,448 5,723 5,630 5,671 5,770 5,732 5,664
Petroleum and coal products.............. 6,051 5,984 6,023 5,905 5,921 6,017 2,160 2,043 2,050 2,122 2,008 1,989
Rubber and plastics products, n.e.c...... 4,327 4,329 4,200 4,402 4,348 4,248 1,435 1,460 1,467 1,450 1,456 1,485
All other nondurable goods industries.... 40,180 40,125 39.716 40,634 40,876 40,359 16,912 16,922 17,056 17,288 17,415 17,610

Work in process Finished goods

All manufacturing industries, total.. 56,743 55,479 55,085 57,210 55,768 54,584 59,584 59,706 58,562 60,643 60,262 58,602
Durable goods industries, total............. 46,823 45,852 45,328 47,257 46,060 44,906 30,694 30,663 30,401 31,484 30,867 29,956
Stone, clay, and glass products.......... 746 736 733 766 739 689 2,331 2,263 2,135 2,388 2,277 2,087
Primary metals....................... 5,745 5,730 5,701 5,870 5,831 5,612 3,453 3,760 3,659 3,660 3,864 3,683
Machinery (electrical and nonelectrical). 18,660 18,442 18,141 18,833 18,553 18,046 12,210 11,984 12,010 12,423 12,016 11,912
Transportation equipment................. 12,157 11,608 11,777 12,315 11,779 11,738 2,698 2,843 2,822 2,812 2,943 2,799
All other durable goods industries....... 9,515 9,336 8,976 9,473 9,158 8,821 10,002 9,813 9,775 10,201 9,767 9,475
Nondurable goods industries, total......... 9,920 9,627 9,757 9,953 9,708 9,678 28,890 29,043 28,161 29,159 29,395 28,646
Chemicals and allied products............ 2,503 2,338 2,443 2,529 2,352 2,433 6,256 6,319 6,109 6,502 6,485 6,351
Petroleum and coal products............... 1,286 1,239 1,216 1,244 1,210 1,207 2,605 2,702 2,757 2,539 2,703 2,821
Rubber and plastics products, n.e.c...... 724 739 753 760 769 759 2,168 2,130 1,980 2,192 2,123 2,004
'All other nondurable goods industries.... 5,407 5,311 5,345 5,420 5,377 5,279 17,861 17,892 17,315 17,926 18,084 17,470

PPreliminary.
rRevised.










Table 5.--RATIO OF MANUFACTURERS' INVENTORIES TO SHIPMENTS AND UNFILLED ORDERS TO SHIPMENTS, BY INDUSTRY GROUP

(Based on seasonally adjusted data)

Unfilled orders shipments ratio'
Inventories shipments ratio (months backlog)

Industry group
Feb. Jan. Dec. Nov. Feb. Jan. Dec, Nov.
1978 1978r 1977 1977 19781 1978r 1977 1977


All manufacturing industries, total ..................

Durable goods industries, total ............................

Stone, clay, and glass products ..........................
Primary metals ........................................
Fabricated metals......................... ...............
Machinery. except electrical.............................
Electrical machinery......................................
Transportation equipment .................................
Instruments and related products ........ .............

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

Food and kindred products................................
Tobacco products.. ................................. ........
Textile mill products ....................................
Paper and allied products... ..............................
Chemicals and allied products ............................
Petroleum and coal products...............................
Rubber and plastics products, n.e.c ......................


NA Not available. PPreliminary. rRevised. fX) Not applicable.
IExcludes the following industries with no unfilled orders: Wood and lumber products; glass containers; metal
motor vehicles assembly operations; foods and related products; tobacco; apparel and related products; chemicals;
products; and rubber and plastics products, n.e.c.


cans, barrels and drums;
petroleum and coal


c-







IMPORTANT NOTE


Effective with the March report for the M3, "Manufacturers' Shipments, Inventories, and Orders," the data for previous periods
will be revised to reflect the adjustments of the annual totals derived from the monthly survey to the Annual Survey of Manufactures
(ASM) totals for 1974-1976 and a recomputation of the factors used to seasonally adjust the individual series.

If you wish a copy of the summary report (M3-1.7), which contains the revised monthly shipments, inventories, and orders for
1958-1977, please complete the order blank below and send your remittance to Subscriber Services Section (Publications), Bureau
of the Census, Washington, D.C. 20233.

If you wish to receive a copy of the computer tape of the M3-1.7 which contains the revised monthly shipments, inventories, and
orders for 1958-1977, please send your request to Data Users Service, Customer Service Branch, Bureau of the Census, Washington,
D.C. You should include your name, address, and a check or money order for $80 payable to Commerce-Census.








































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