[Economic Indicators January, 2004]
[Page Number 21]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS

In December, manufacturers' shipments and new and unfilled orders rose; 
inventories fell.
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                                                                      Manufacturers' shipments \1\     Manufacturers' inventories \2\     Manufacturers' new orders \1\
                                                                   -------------------------------------------------------------------------------------------------------              Manufac-
                                                                                                                                                        Durable goods       Manufac-    turers'
                                                                                                                                                  ------------------------   turers'     inven-
                              Period                                            Durable   Nondurable              Durable   Nondurable                          Capital     unfilled     tory--
                                                                      Total      goods       goods      Total      goods       goods      Total                  goods     orders \2\  shipments
                                                                                                                                                     Total    industries,                 ratio
                                                                                                                                                               nondefense                 \3\
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                                                                                                Millions of dollars, seasonally adjusted, except as noted
 
                                                                   --------------------------------------------------------------------------------------------------------------------
1994 .............................................................    269,843    147,005     122,838    400,335    253,444     146,891    266,641    143,803      45,175     434,594        1.44
1995 .............................................................    289,973    158,568     131,405    425,217    267,696     157,521    285,542    154,137      51,011     447,338        1.44
1996 .............................................................    299,766    164,883     134,883    430,816    272,787     158,029    297,282    162,399      54,066     488,815        1.43
1997 .............................................................    319,558    178,949     140,610    443,804    281,249     162,555    314,986    174,377      60,697     513,166        1.37
1998 .............................................................    324,984    185,966     139,019    449,231    290,874     158,357    317,345    178,327      62,133     496,471        1.39
1999 .............................................................    335,991    193,895     142,096    463,646    296,645     167,001    329,770    187,674      64,392     505,941        1.35
2000 .............................................................    350,715    197,807     152,908    481,396    306,682     174,714    346,789    193,881      69,278     550,005        1.35
2001 .............................................................    330,875    181,201     149,674    452,236    283,722     168,514    322,944    173,270      58,336     517,590        1.42
2002 .............................................................    324,313    177,617     146,696    444,188    271,789     172,399    316,744    170,048      53,991     485,816        1.37
2003 p............................................................    333,099    179,040     154,060    438,106    262,284     175,822    328,967    174,907      57,313     505,768        1.33
 
2002:Dec .........................................................    323,362    172,894     150,468    444,188    271,789     172,399    316,944    166,476      53,807     485,816        1.37
 
2003:Jan .........................................................    329,665    177,331     152,334    444,220    270,964     173,256    322,157    169,823      55,261     483,871        1.35
      Feb ........................................................    325,591    173,992     151,599    446,088    270,765     175,323    320,664    169,065      53,417     484,649        1.37
      Mar ........................................................    330,764    175,475     155,289    445,180    269,454     175,726    325,614    170,325      54,838     485,178        1.35
      Apr ........................................................    322,608    173,512     149,096    445,207    269,285     175,922    317,095    167,999      55,845     485,534        1.38
      May ........................................................    323,920    173,783     150,137    444,049    268,449     175,600    318,144    168,007      55,367     485,829        1.37
      June .......................................................    328,643    176,782     151,861    442,666    266,154     176,512    324,098    172,237      57,351     487,360        1.35
      July........................................................    337,248    181,761     155,487    440,767    264,638     176,129    330,551    175,064      58,188     485,959        1.31
      Aug ........................................................    331,676    177,187     154,489    439,632    262,949     176,683    329,401    174,912      57,229     490,036        1.33
      Sept .......................................................    337,598    182,379     155,219    438,294    261,678     176,616    333,957    178,738      60,225     492,006        1.30
      Oct r.......................................................    339,825    183,740     156,085    438,680    262,351     176,329    341,856    185,771      61,672     500,307        1.29
      Nov ........................................................    341,454  r 184,074     157,380    438,126  r 261,414     176,712    338,726  r 181,346    r 57,862   r 503,869        1.28
      Dec p.......................................................    346,533    186,015     160,518    438,106    262,284     175,822    342,383    181,865      58,726     505,768        1.26
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    \1\ Annual data are averages of 
monthly not seasonally adjusted 
figures; monthly data are seasonally 
adjusted totals for month. Shipments 
are the same as sales.
    \2\ Seasonally adjusted, end of 
period.
    \3\ Annual data are averages of 
seasonally adjusted monthly ratios.
    Note.--Manufacturers' nondurable 
new orders (not shown) are the same 
as nondurable shipments. Also, there 
are no unfilled nondurable orders; 
data shown for total unfilled orders 
are durable unfilled orders.
    Total and durable shipments and 
inventories include data on 
semiconductors; new and unfilled 
orders do not.
    Source: Department of Commerce, 
       Bureau of the Census.