[Economic Report of the President (1999)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



PRODUCTION AND BUSINESS ACTIVITY


[[Page 393]]


Table B-58.--Manufacturers' shipments and inventories, 1954-98
[Millions of dollars; monthly data seasonally adjusted]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Shipments\1\                                               Inventories\2\
----------------------------------------------------------------------------------------------------------------------
Durable goods industries              Nondurable goods industries
Durable   Nondur-           ------------------------------------------------------------------------------
Year or month                        goods     able                          Mate-                                   Mate-     Work
Total    indus-     goods     Total               rials   Work  in  Finished              rials      in    Finished
tries    indus-               Total      and      proc-     goods     Total      and     proc-     goods
tries                       supplies     ess                        supplies    ess
--------------------------------------------------------------------------------------------------------------------------------------------------------
1954.............................    23,355    11,828    11,527    41,612    23,710     7,894     9,721     6,040    17,902     8,167    2,440     7,415
1955.............................    26,480    14,071    12,409    45,069    26,405     9,194    10,756     6,348    18,664     8,556    2,571     7,666
1956.............................    27,740    14,715    13,025    50,642    30,447    10,417    12,317     7,565    20,195     8,971    2,721     8,622
1957.............................    28,736    15,237    13,499    51,871    31,728    10,608    12,837     8,125    20,143     8,775    2,864     8,624
1958.............................    27,248    13,553    13,695    50,203    30,194     9,970    12,408     7,816    20,009     8,676    2,827     8,506
1959.............................    30,286    15,597    14,689    52,913    32,012    10,709    13,086     8,217    20,901     9,094    2,942     8,865

1960.............................    30,878    15,870    15,008    53,786    32,337    10,306    12,809     9,222    21,449     9,097    2,947     9,405
1961.............................    30,922    15,601    15,321    54,871    32,496    10,246    13,211     9,039    22,375     9,505    3,108     9,762
1962.............................    33,358    17,247    16,111    58,172    34,565    10,794    14,124     9,647    23,607     9,836    3,304    10,467
1963.............................    35,058    18,255    16,803    60,029    35,776    11,053    14,835     9,888    24,253    10,009    3,420    10,824
1964.............................    37,331    19,611    17,720    63,410    38,421    11,946    16,158    10,317    24,989    10,167    3,531    11,291
1965.............................    40,995    22,193    18,802    68,207    42,189    13,298    18,055    10,836    26,018    10,487    3,825    11,706
1966.............................    44,870    24,617    20,253    77,986    49,852    15,464    21,908    12,480    28,134    11,197    4,226    12,711
1967.............................    46,486    25,233    21,253    84,646    54,896    16,423    24,933    13,540    29,750    11,760    4,431    13,559
1968.............................    50,229    27,624    22,605    90,560    58,732    17,344    27,213    14,175    31,828    12,328    4,852    14,648
1969.............................    53,501    29,403    24,098    98,145    64,598    18,636    30,282    15,680    33,547    12,753    5,120    15,674

1970.............................    52,805    28,156    24,649   101,599    66,651    19,149    29,745    17,757    34,948    13,168    5,271    16,509
1971.............................    55,906    29,924    25,982   102,567    66,136    19,679    28,550    17,907    36,431    13,686    5,678    17,067
1972.............................    63,027    33,987    29,040   108,121    70,067    20,807    30,713    18,547    38,054    14,677    5,998    17,379
1973.............................    72,931    39,635    33,296   124,499    81,192    25,944    35,490    19,758    43,307    18,147    6,729    18,431
1974.............................    84,790    44,173    40,617   157,625   101,493    35,070    42,530    23,893    56,132    23,744    8,189    24,199
1975.............................    86,589    43,598    42,991   159,708   102,590    33,903    43,227    25,460    57,118    23,565    8,834    24,719
1976.............................    98,797    50,623    48,174   174,636   111,988    37,457    46,074    28,457    62,648    25,847    9,929    26,872
1977.............................   113,201    59,168    54,033   188,378   120,877    40,186    50,226    30,465    67,501    27,387   10,961    29,153
1978.............................   126,905    67,731    59,174   211,691   138,181    45,198    58,848    34,135    73,510    29,619   12,085    31,806
1979.............................   143,936    75,927    68,009   242,157   160,734    52,670    69,325    38,739    81,423    32,814   13,910    34,699

1980.............................   154,391    77,419    76,972   265,215   174,788    55,173    76,945    42,670    90,427    36,606   15,884    37,937
1981.............................   168,129    83,727    84,402   283,413   186,443    57,998    80,998    47,447    96,970    38,165   16,194    42,611
1982.............................   163,351    79,212    84,139   311,852   200,444    59,136    86,707    54,601   111,408    44,039   18,612    48,757
1983.............................   172,547    85,481    87,066   312,379   199,854    60,325    86,899    52,630   112,525    44,816   18,691    49,018
1984.............................   190,682    97,940    92,742   339,516   221,330    66,031    98,251    57,048   118,186    45,692   19,328    53,166
1985.............................   194,538   101,279    93,259   334,749   218,193    63,904    98,162    56,127   116,556    44,106   19,442    53,008
1986.............................   194,657   103,238    91,419   322,654   211,997    61,331    97,000    53,666   110,657    42,335   18,124    50,198
1987.............................   206,326   108,128    98,198   338,109   220,799    63,562   102,393    54,844   117,310    45,319   19,270    52,721
1988.............................   224,619   118,458   106,161   369,374   242,468    69,611   112,958    59,899   126,906    49,396   20,559    56,951
1989.............................   236,698   123,158   113,540   391,212   257,513    72,435   122,251    62,827   133,699    50,674   21,653    61,372

1990.............................   242,686   123,776   118,910   405,073   263,209    73,559   124,130    65,520   141,864    52,645   22,817    66,402
1991.............................   239,847   121,000   118,847   390,950   250,019    70,834   114,960    64,225   140,931    53,011   22,815    65,105
1992.............................   250,394   128,489   121,905   382,510   238,105    69,459   104,424    64,222   144,405    54,007   23,532    66,866
1993.............................   260,635   135,886   124,749   384,039   239,334    72,590   102,468    64,276   144,705    55.072   23,371    66,262
1994.............................   279,002   149,131   129,870   404,877   253,624    78,468   107,037    68,119   151,253    58,157   24,638    68,458
1995.............................   299,555   160,586   138,970   430,985   268,353    85,577   107,209    75,567   162,632    62,324   26,007    74,301
1996.............................   309,622   167,013   142,608   436,729   273,815    86,438   111,289    76,088   162,914    60,416   26,621    75,877
1997.............................   327,452   179,892   147,560   456,133   286,372    89,844   117,236    79,292   169,761    61,233   29,498    79,030

1997:Jan.........................   319,150   172,304   146,846   438,641   275,517    86,626   111,940    76,951   163,124    60,350   26,924    75,850
Feb..........................   321,274   174,534   146,740   440,915   277,080    86,655   112,681    77,744   163,835    60,822   27,137    75,876
Mar..........................   320,700   175,504   145,196   441,676   277,399    87,530   113,067    76,802   164,277    60,721   27,344    76,212
Apr..........................   325,639   178,523   147,116   444,714   279,880    87,649   113,947    78,284   164,834    60,660   27,586    76,588
May..........................   322,260   175,749   146,511   446,888   281,143    88,017   114,443    78,683   165,745    60,843   28,042    76,860
June.........................   326,118   180,038   146,080   447,947   282,013    88,514   114,629    78,870   165,934    60,675   27,846    77,413

July.........................   331,331   183,484   147,847   449,657   283,723    89,322   115,402    78,999   165,934    60,545   27,994    77,395
Aug..........................   328,250   180,554   147,696   451,737   284,982    89,036   116,214    79,732   166,755    60,577   28,363    77,815
Sept.........................   333,422   184,966   148,456   452,224   284,660    89,841   115,538    79,281   167,564    61,115   28,562    77,887
Oct..........................   332,321   183,225   149,096   455,553   286,654    90,147   116,574    79,933   168,899    61,388   29,053    78,458
Nov..........................   331,404   182,791   148,613   457,766   287,949    90,004   117,998    79,947   169,817    60,770   29,464    79,583
Dec..........................   336,424   186,007   150,417   456,133   286,372    89,844   117,236    79,292   169,761    61,233   29,498    79,030

1998:Jan.........................   331,937   182,303   149,634   458,197   288,086    90,779   117,542    79,765   170,111    61,732   29,348    79,031
Feb..........................   335,883   187,298   148,585   461,178   290,153    91,428   118,362    80,363   171,025    62,130   29,622    79,273
Mar..........................   338,991   189,998   148,993   461,948   290,887    91,922   118,438    80,527   171,061    62,364   29,390    79,307
Apr..........................   335,553   186,843   148,710   464,668   293,393    92,470   120,494    80,429   171,275    62,086   29,746    79,443
May..........................   333,622   185,789   147,833   465,729   294,375    92,778   121,101    80,496   171,354    61,926   29,800    79,628
June.........................   335,110   186,536   148,574   466,701   295,143    93,198   121,420    80,525   171,558    62,374   29,828    79,356

July.........................   335,380   186,907   148,473   467,636   295,669    93,445   121,367    80,857   171,967    62,673   29,678    79,616
Aug..........................   336,445   188,789   147,656   468,445   296,913    93,042   122,862    81,009   171,532    62,627   29,275    79,630
Sept.........................   340,481   192,842   147,639   468,552   296,757    93,291   122,063    81,403   171,795    62,838   29,164    79,793
Oct..........................   340,133   193,818   146,315   471,031   298,561    93,345   123,446    81,770   172,470    62,691   29,402    80,377
Novp.........................   341,370   194,923   146,447   471,720   298,463    93,187   122,838    82,438   173,257    62,855   29,890    80,512
--------------------------------------------------------------------------------------------------------------------------------------------------------
\1\Annual data are averages of monthly not seasonally adjusted figures.
\2\Seasonally adjusted, end of period. Data beginning 1982 are not comparable with data for prior periods.

Note.--Data beginning 1958 are not strictly comparable with earlier data.

Source: Department of Commerce, Bureau of the Census.