Production and business activity – Statistical Data Included
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Industrial production and capacity utilization rose in June.
[GRAPHICS OMITTED] [Monthly data seasonally adjusted]
Industry
Total industrial production
production indexes,
1992=100
Percent change
(1) Manufacturing
From
Index, prede- From
Period 1992=100 ing year Total Durable
month earlier
1992 100.0 … 3.1 100.0 100.0
1993 103.4 … 3.4 103.7 105.6
1994 109.1 … 5.5 110.0 114.8
1995 114.4 … 4.8 115.8 124.4
1996 119.6 … 4.6 121.5 135.0
1997 127.9 … 6.9 131.1 149.6
1998 134.5 … 5.1 138.8 164.1
1999 139.4 … 3.7 144.7 176.3
2000 145.7 … 4.5 151.6 190.0
2001 140.1 … -3.9 144.8 179.3
2001: June 140.3 -0.9 -4.7 145.0 180.1
July 140.4 .1 -4.2 145.2 180.0
Aug 140.0 -.3 -4.6 144.5 178.9
Sept 138.5 -1.1 -5.7 142.9 176.1
Oct 137.7 -.6 -5.9 142.1 173.9
Nov 137.2 -.3 -5.9 142.0 174.3
Dec 136.7 -.4 -5.8 141.6 174.1
2002: Jan 137.6 .6 -4.4 142.6 175.7
Feb 138.1 .4 -3.8 142.9 176.0
Mar (r) 138.6 .3 -3.0 143.4 176.6
Apr (r) 138.9 .2 -2.2 143.5 177.4
May (r) 139.5 .4 -1.5 144.3 178.7
June (p) 140.6 .8 .2 145.4 180.1
[Monthly data seasonally adjusted]
Industry production Capacity utilization
indexes, 1992=100 rate, percent (2)
Manufac-
turing
Non- Total Manufac-
Period durable Mining Utilities industry turing
1992 100.0 100.0 100.0 80.2 79.4
1993 101.5 100.0 104.0 81.2 80.4
1994 104.8 102.3 105.4 83.2 82.5
1995 106.5 102.0 109.1 83.3 82.6
1996 107.4 103.5 112.7 82.7 81.6
1997 112.0 105.3 112.7 83.5 82.7
1998 113.4 102.9 114.3 82.2 81.4
1999 113.7 98.2 117.3 81.4 80.6
2000 114.8 100.7 120.7 81.8 80.7
2001 111.4 101.3 119.8 76.8 75.1
2001: June 111.1 102.5 119.1 76.7 75.0
July 111.5 101.9 118.2 76.7 75.1
Aug 111.1 101.4 121.1 76.4 74.6
Sept 110.5 102.1 118.1 75.5 73.7
Oct 110.8 99.5 119.4 75.0 73.3
Nov 110.2 99.0 116.2 74.7 73.2
Dec 109.7 97.4 115.2 74.4 72.9
2002: Jan 110.3 97.0 115.7 74.8 73.4
Feb 110.5 96.6 120.3 75.0 73.5
Mar (r) 110.9 95.4 121.8 75.2 73.7
Apr (r) 110.6 96.2 122.8 75.3 73.7
May (r) 111.0 96.3 121.7 75.6 74.0
June (p) 111.7 97.3 123.7 76.1 74.5
(1) Percent changes based on unrounded indexes.
(2) Output as percent of capacity.
Source: Board of Governors of the Federal Reserve System.
INDUSTRIAL PRODUCTION–MAJOR MARKET GROUPS AND SELECTED MANUFACTURERS
[1992=100; monthly data seasonally adjusted]Products
Final products
Consumer goods Equipment
Non-
Dur- dur- Total Busi-
Period Total Total able able (1) ness
goods goods
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 103.5 103.4 112.0 101.3 103.7 105.6
1994 108.0 107.8 124.2 103.8 108.3 113.2
1995 112.0 110.6 128.6 106.2 114.5 122.0
1996 116.4 112.6 131.8 107.9 122.9 133.4
1997 123.5 115.9 138.2 110.5 136.9 152.3
1998 128.9 118.3 146.4 111.6 148.1 167.1
1999 131.8 119.9 158.6 110.8 153.5 176.6
2000 135.8 121.9 161.2 112.7 161.8 188.9
2001 132.0 120.7 151.3 113.3 152.3 175.9
2001: June 132.9 121.1 153.2 113.4 154.1 177.8
July 133.2 122.2 157.0 113.9 152.7 176.1
Aug 132.0 121.4 154.1 113.6 150.5 173.3
Sept 130.0 119.9 151.8 112.3 147.1 168.4
Oct 129.2 119.6 146.2 113.1 145.4 166.9
Nov 129.4 120.0 152.1 112.3 145.0 167.2
Dec 129.1 120.6 156.2 112.2 142.7 164.3
2002: Jan 129.3 120.6 154.5 112.6 143.3 165.3
Feb 129.4 121.2 155.4 113.1 142.2 164.0
Mar (r) 129.6 121.7 156.8 113.4 141.7 163.5
Apr (r) 129.2 121.3 158.0 112.6 141.4 163.1
May (r) 129.4 121.4 159.4 112.5 141.7 163.3
June (p) 130.2 122.4 161.2 113.3 142.2 163.7
Products Materials
Final
pro- Intermediate products
ducts
Equip-
ment
De-
fense Con- Busi-
and struc- ness
Period space Total tion sup- Total Energy
equip- sup- plies
ment plies
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 92.7 102.4 103.2 101.9 103.7 99.6
1994 86.1 106.1 110.5 103.5 111.6 101.3
1995 83.3 107.9 112.4 105.3 119.6 102.5
1996 80.1 110.7 117.7 106.6 127.0 103.7
1997 77.5 116.2 123.8 111.7 137.9 103.9
1998 80.8 120.2 131.3 113.7 146.9 103.9
1999 79.1 123.2 136.5 115.4 155.6 103.9
2000 74.4 126.4 141.5 117.5 166.4 104.6
2001 74.0 121.4 137.6 111.9 158.0 103.3
2001: June 73.4 121.4 138.0 111.6 157.4 103.1
July 73.6 121.4 137.3 112.0 157.2 102.3
Aug 73.5 121.6 138.8 111.3 157.6 103.0
Sept 73.8 120.7 138.1 110.4 156.5 103.1
Oct 74.2 119.6 134.6 110.7 155.9 102.6
Nov 74.3 118.9 134.0 109.8 154.8 102.6
Dec 74.7 118.6 135.6 108.6 153.6 101.6
2002: Jan 74.9 118.9 136.3 108.5 155.8 101.6
Feb 74.9 119.4 136.8 109.1 157.1 102.6
Mar (r) 74.9 120.8 139.7 109.6 157.4 102.1
Apr (r) 75.4 120.4 139.0 109.4 159.1 103.5
May (r) 75.8 120.5 139.1 109.4 160.5 103.2
June (p) 76.3 121.5 139.6 110.7 162.0 104.2
(1) Includes oil and gas well drilling and manufactured homes,
not shown separately.
[1992=100; monthly data seasonally adjusted]Durable manufactures
Trans-
porta-
Primary tion
metals equip-
ment
Indus-
Fabri- trial Elec-
Iron cated machin- trical
Period Total and metal ery and ma- Total
steel prod- equip- chin-
ucts ment ery
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 105.1 106.0 104.3 110.4 109.8 104.0
1994 113.8 114.4 112.1 126.0 131.3 108.8
1995 116.2 116.6 116.3 144.7 165.5 108.5
1996 119.7 119.1 120.1 161.1 206.3 110.2
1997 125.5 123.9 126.5 178.3 266.8 120.2
1998 127.7 124.0 131.3 195.2 334.5 130.6
1999 129.4 123.9 132.4 207.9 411.3 137.8
2000 131.9 127.3 137.2 227.1 536.6 137.1
2001 116.9 112.6 130.4 213.3 504.2 128.5
2001: June 119.5 117.7 129.5 213.8 497.6 131.9
July 119.5 118.8 131.1 210.2 485.9 134.6
Aug 117.5 115.7 131.0 211.0 485.5 131.6
Sept 116.4 112.7 128.7 205.1 484.6 128.5
Oct 113.6 110.4 127.5 202.8 484.8 124.6
Nov 110.2 107.1 127.2 203.4 485.1 127.2
Dec 103.6 94.6 129.1 200.4 487.3 129.1
2002: Jan 111.3 107.1 128.7 204.5 494.0 128.2
Feb 111.8 110.6 127.7 205.3 500.8 128.9
Mar (r) 113.1 110.2 127.9 207.1 503.1 128.2
Apr (r) 112.5 111.4 128.4 207.5 509.9 129.6
May (r) 115.0 116.6 129.0 210.6 523.5 128.3
June (p) 116.8 119.0 129.5 211.2 526.4 130.0
Durable
manufactures Nondurable manufactures
Trans-
porta-
tion
equip-
ment
Print-
Motor Lum- Ap- ing Chemi-
vehicles ber parel and cals
and and prod- pub- and Foods
Period parts prod- ucts li- prod-
ucts shing ucts
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 114.4 100.8 102.4 100.5 100.9 102.0
1994 133.6 105.9 106.5 100.5 103.7 103.6
1995 137.6 107.9 107.0 101.1 106.0 105.7
1996 137.6 110.4 105.1 101.1 108.8 105.4
1997 148.4 113.1 108.8 107.3 115.9 107.2
1998 154.7 117.4 105.5 106.3 118.3 110.6
1999 174.3 122.0 106.1 105.3 119.1 112.0
2000 177.6 118.8 101.9 106.9 122.0 113.8
2001 162.9 113.0 93.1 101.6 121.1 112.9
2001: June 167.7 114.2 94.0 101.3 119.5 112.9
July 174.6 114.0 95.1 101.1 121.2 113.1
Aug 169.9 116.2 91.2 100.7 121.2 113.0
Sept 164.2 116.4 89.4 99.7 121.0 111.7
Oct 157.3 112.8 87.8 99.8 123.2 112.2
Nov 165.9 112.4 87.3 98.9 122.4 113.0
Dec 172.1 113.0 88.8 97.3 121.4 114.0
2002: Jan 171.8 112.9 89.4 96.6 123.0 113.5
Feb 174.5 111.0 88.4 96.0 122.9 113.7
Mar (r) 174.9 112.9 89.5 95.4 122.8 114.4
Apr (r) 179.5 111.6 88.5 94.8 123.3 114.0
May (r) 177.9 111.9 88.8 94.9 122.8 113.7
June (p) 182.4 112.6 89.3 95.8 123.2 114.8
Source: Board of Governors of the Federal Reserve System.
NEW CONSTRUCTION
[Monthly data seasonally adjusted]Private
Residential
Total
new Commer-
cons- New cial
Period truction Total Total (1) housing and
expen- units indus-
ditures trial (2)
Billions of dollars
1992 463.7 347.8 199.4 135.1 82.2
1993 491.0 375.1 225.1 150.9 81.5
1994 539.2 419.0 258.6 176.4 93.3
1995 557.8 427.9 247.4 171.4 110.9
1996 615.9 476.6 281.1 191.1 125.2
1997 653.4 502.7 289.0 198.1 136.6
1998 705.7 551.4 314.6 224.0 151.1
1999 765.9 596.3 350.6 251.3 153.1
2000 820.3 641.8 374.5 265.0 164.1
2001 842.5 650.0 388.7 279.8 155.8
Annual rates
2001: June 852.6 658.4 389.0 280.3 161.0
July 843.6 651.0 385.8 281.0 158.3
Aug 838.6 650.6 391.7 282.3 150.9
Sept 836.0 648.5 393.5 281.6 148.2
Oct 836.6 643.4 392.3 281.6 144.4
Nov 836.5 639.7 394.7 282.2 139.9
Dec 841.8 640.8 395.2 283.1 137.7
2002: Jan 860.2 651.5 403.3 286.9 138.6
Feb 874.3 659.4 413.5 293.8 134.9
Mar 855.2 655.3 413.8 295.4 131.7
Apr (r) 856.4 656.7 411.4 295.2 131.4
May (r) 839.0 635.2 407.9 295.1 122.5
June (p) 820.8 623.3 404.2 293.5 118.2
Pri- Construction
vate contracts (3)
Commercial
Federal Total and
and value industrial
Period Other State index floor space
and local (1996=100) (millions of
square feet)
Billions of
dollars
1992 66.2 115.8 76 556
1993 68.5 116.0 82 589
1994 67.1 120.2 89 744
1995 69.7 129.9 92 862
1996 70.4 139.3 100 875
1997 77.1 150.7 109 1,027
1998 85.7 154.3 122 1,223
1999 92.7 169.5 135 1,255
2000 103.2 178.6 142 1,240
2001 105.5 192.5 … …
Annual rates
2001: June 108.4 194.1 149 …
July 106.9 192.6 142 …
Aug 108.0 188.1 … …
Sept 106.9 187.4 … …
Oct 106.7 193.1 … …
Nov 105.0 196.9 … …
Dec 107.9 201.0 … …
2002: Jan 109.6 208.7 … …
Feb 111.0 214.9 … …
Mar 109.8 199.9 … …
Apr (r) 113.9 199.7 … …
May (r) 104.8 203.8 … …
June (p) 100.9 197.5 … …
(1) Includes residential improvements, not shown separately.
(2) Includes hotels and motels.
(3) F.W. Dodge series.
Sources: Department of Commerce (Bureau of the Census)
and The McGraw-Hill Companies, Inc., F.W. Dodge Division.
NEW PRIVATE HOUSING AND VACANCY RATES
[Thousands of units or houses, except as noted]New private housing units
Units started, by type of structure
2-4 5 units Units
Period Total 1 unit units or author-
(1) more ized
1992 1,199.7 1,029.9 30.9 139.0 1,094.9
1993 1,287.6 1,125.7 29.4 132.6 1,199.1
1994 1,457.0 1,198.4 35.2 223.5 1,371.6
1995 1,354.1 1,076.2 33.8 244.1 1,332.5
1996 1,476.8 1,160.9 45.3 270.8 1,425.6
1997 1,474.0 1,133.7 44.5 295.8 1,441.1
1998 1,616.9 1,271.4 42.6 302.9 1,612.3
1999 1,640.9 1,302.4 31.9 306.6 1,663.5
2000 1,568.7 1,230.9 38.7 299.1 1,592.3
2001 1,602.7 1,273.3 36.6 292.8 1,636.7
Seasonally adjusted annual rates
2001: June 1,633 1,293 54 286 1,618
July 1,664 1,294 41 329 1,602
Aug 1,562 1,274 27 261 1,606
Sept 1,582 1,263 46 273 1,570
Oct 1,531 1,238 33 260 1,566
Nov 1,604 1,241 38 325 1,659
Dec 1,583 1,294 17 272 1,702
2002: Jan 1,713 1,344 67 302 1,686
Feb 1,788 1,472 43 273 1,766
Mar 1,675 1,298 49 328 1,629
Apr (r) 1,566 1,261 27 278 1,631
May (r) 1,735 1,390 39 306 1,676
June (p) 1,672 1,350 37 285 1,706
New
private New private
housing houses
units
Houses Vacancy
for rate for
Units Hou- sale at rental
Period comple- ses end of housing
ted sold period units
(2) (percent)
(3)
1992 1,157.5 610 265 7.4
1993 1,192.7 666 293 (3) 7.3
1994 1,346.9 670 336 7.4
1995 1,312.6 667 370 7.6
1996 1,412.9 757 322 7.8
1997 1,400.5 804 281 7.7
1998 1,474.2 886 294 7.9
1999 1,604.9 880 308 8.1
2000 1,573.7 877 298 8.0
2001 1,570.8 908 308 8.4
Seasonally ad-
justed annual
rates
2001: June 1,645 892 302 8.3
July 1,588 881 306 …
Aug 1,621 871 308 …
Sept 1,551 856 310 8.4
Oct 1,575 865 308 …
Nov 1,567 938 308 …
Dec 1,705 979 308 8.8
2002: Jan 1,607 870 310 …
Feb 1,669 937 314 …
Mar 1,576 915 (r) 316 9.1
Apr (r) 1,650 931 323 …
May (r) 1,686 996 326 …
June (p) 1,587 1,001 325 8.5
(1) Derived; seasonally adjusted monthly data for 2-4 housing units
started are no longer published.
(2) Seasonally adjusted.
(3) Revised series beginning 1994; data for 1993 reflect the
revision. Quarterly data entered in last month of quarter.
NOTE.–Beginning 1994, units authorized are for 19,000 places.
For other data shown, units authorized are for 17,000 places.
Beginning 1999, housing starts, completions, and sales are not
directly comparable with earlier data to new estimation methods.
Source: Department of Commerce, Bureau of the Census.
BUSINESS SALES AND INVENTORIES–Manufacturing and Trade
In May, manufacturing and trade sales fell 0.3 percent and inventories rose $2.8 billion. According to advance estimates, retail sales rose 1.1 percent in June; retail and food services sales also rose 1.1 percent.
[GRAPHICS OMITTED] [Millions of dollars, except ratios; seasonally adjusted,
except as noted]
Manufacturing Whole-
and trade (1) sale
Inven-
Sales Inven- tory Sales
Period (2) tories sales (2)
(3) ratio
(4)
1992 537,899 837,873 1.53 144,302
1993 564,458 864,841 1.51 150,833
1994 605,983 927,859 1.47 161,133
1995 648,961 986,329 1.49 176,227
1996 680,673 1,005,021 1.47 186,649
1997 716,672 1,044,981 1.43 194,541
1998 736,556 1,076,471 1.45 198,319
1999 779,798 1,134,734 1.41 211,756
2000 827,951 1,198,395 1.42 229,313
2001 815,111 1,122,990 1.43 226,313
2001: May (r) 825,554 1,183,677 1.43 227,281
June (r) 813,339 1,174,916 1.44 224,662
July 815,240 1,168,768 1.43 225,958
Aug 818,222 1,165,434 1.42 227,530
Sept 797,312 1,158,937 1.45 225,481
Oct 815,570 1,141,500 1.40 221,161
Nov 806,128 1,129,548 1.40 222,704
Dec 803,854 1,122,990 1.40 220,380
2002: Jan 811,196 1,122,911 1.38 223,023
Feb 804,624 1,120,288 1.39 224,738
Mar 808,644 1,116,303 1.38 224,855
Apr (r) 822,615 1,113,864 1.35 228,131
May (r) 819,791 1,116,676 1.36 227,768
June (p) … … … …
Wholesale Retail
Inven-
Inven- tory Sales Inven-
Period tories sales (2) tories
(3) ratio (3)
(4)
1992 194,463 1.32 154,268 267,808
1993 202,730 1.31 164,837 285,906
1994 219,766 1.30 178,932 312,019
1995 236,145 1.31 188,235 329,536
1996 238,782 1.28 200,190 340,335
1997 256,417 1.27 209,112 350,763
1998 269,412 1.33 219,507 364,288
1999 285,686 1.31 239,013 392,501
2000 304,678 1.30 254,928 416,475
2001 288,014 1.32 263,987 395,814
2001: May (r) 303,204 1.33 263,930 411,850
June (r) 301,016 1.34 263,286 410,391
July 297,972 1.32 263,462 410,408
Aug 297,130 1.31 264,038 412,220
Sept 295,863 1.31 258,609 411,033
Oct 292,811 1.32 276,275 399,642
Nov 289,487 1.30 268,345 396,256
Dec 288,014 1.31 267,283 395,814
2002: Jan 286,994 1.29 267,002 399,269
Feb 284,508 1.27 268,410 401,693
Mar 283,732 1.26 268,196 401,137
Apr (r) 281,193 1.23 271,522 402,518
May (r) 281,433 1.24 (r) 268,287 406,651
June (p) … … 271,298 …
Retail
Inven- Retail
tory and food
Period sales services
ratio sales
(4) (2)
1992 1.68 171,219
1993 1.69 182,841
1994 1.67 197,735
1995 1.72 207,704
1996 1.68 220,431
1997 1.65 230,616
1998 1.62 242,228
1999 1.59 262,803
2000 1.59 280,427
2001 1.55 290,713
2001: May (r) 1.56 290,567
June (r) 1.56 289,986
July 1.56 290,319
Aug 1.56 291,073
Sept 1.59 285,006
Oct 1.45 302,770
Nov 1.48 295,036
Dec 1.48 295,232
2002: Jan 1.50 294,852
Feb 1.50 296,468
Mar 1.50 296,199
Apr (r) 1.48 299,642
May (r) 1.52 (r) 296,372
June (p) … 299,532
(1) See page 21 for manufacturing.
(2) Annual data are averages of monthly not seasonally adjusted
figures; monthly data are seasonally adjusted totals for month.
(3) Seasonally adjusted, end of period.
(4) Annual data are averages of seasonally adjusted monthly ratios.
Source: Department of Commerce, Bureau of the Census.
MANUFACTURERS’ SHIPMENTS, INVENTORIES, AND ORDERS
In June, manufacturers’ shipments, inventories, and new orders and unfilled orders fell.
[GRAPHICS OMITTED]
Manufacturers’
shipments (1)
Durable Nondurable
Period Total goods goods
Millions of dollars, seasonally
adjusted, except as noted
1992 239,330 123,899 115,430
1993 248,789 130,793 117,996
1994 265,918 143,081 122,838
1995 284,499 153,094 131,405
1996 293,835 158,952 134,883
1997 313,018 172,409 140,610
1998 318,730 179,712 139,019
1999 329,029 186,933 142,096
2000 343,710 190,502 153,207
2001 324,811 175,012 149,799
2001: June 325,391 176,926 148,465
July 325,820 176,191 149,629
Aug 326,654 175,700 150,954
Sept 313,222 166,480 146,742
Oct 318,134 170,284 147,850
Nov 315,079 170,355 144,724
Dec 316,191 171,075 145,116
2002: Jan 321,171 174,828 146,343
Feb 311,476 170,367 141,109
Mar 315,593 170,376 145,217
Apr 322,962 176,426 146,536
May (r) 323,736 175,927 147,809
June (p) 320,508 173,286 147,222
Manufacturers’
inventories (2)
Durable Nondurable
Period Total goods goods
Millions of dollars, seasonally
adjusted, except as noted
1992 375,602 234,905 140,697
1993 376,205 235,218 140,987
1994 396,074 249,272 146,802
1995 420,648 263,223 157,425
1996 425,904 267,980 157,924
1997 437,801 275,348 162,453
1998 442,771 284,484 158,287
1999 456,547 289,641 166,906
2000 477,242 304,151 173,091
2001 439,162 275,311 163,851
2001: June 463,509 293,532 169,977
July 460,388 291,012 169,376
Aug 456,084 287,818 168,266
Sept 452,041 284,392 167,649
Oct 449,047 282,528 166,519
Nov 443,805 278,994 164,811
Dec 439,162 275,311 163,851
2002: Jan 436,648 273,770 162,878
Feb 434,087 271,870 162,217
Mar 431,434 269,094 162,340
Apr 430,153 267,811 162,342
May (r) 428,592 266,417 162,175
June (p) 427,982 265,116 162,866
Manufacturers’ new orders (1)
Durable goods
Manufac-
turers’
Capital Manufac- inven-
goods turers’ tory–
Period Total Total industries, unfilled ship-
nondefense orders ments
(2) ratio
(3)
Millions of dollars, seasonally adjusted,
except as noted
1992 … … … 450,631 1.57
1993 246,668 128,672 40,681 425,314 1.51
1994 266,641 143,803 45,175 434,236 1.45
1995 285,542 154,137 51,011 446,913 1.45
1996 297,282 162,399 54,066 488,392 1.44
1997 314,986 174,377 60,697 512,718 1.38
1998 317,345 178,327 62,133 495,947 1.39
1999 329,770 187,674 64,392 505,376 1.36
2000 347,225 194,017 69,476 547,826 1.37
2001 321,397 171,598 57,886 506,412 1.42
2001: June 320,465 172,000 58,270 530,797 1.42
July 320,496 170,867 56,027 525,473 1.41
Aug 321,844 170,890 56,854 520,663 1.40
Sept 305,994 159,252 51,448 513,435 1.44
Oct 321,694 173,844 51,109 516,995 1.41
Nov 308,379 163,655 53,391 510,295 1.41
Dec 312,308 167,192 55,491 506,412 1.39
2002: Jan 315,360 169,017 54,680 500,601 1.36
Feb 313,068 171,959 55,500 502,193 1.39
Mar 316,737 171,520 53,642 503,337 1.37
Apr 318,861 172,325 54,220 499,236 1.33
May (r) 320,873 173,064 56,174 496,373 1.32
June (p) 313,188 165,966 51,044 489,053 1.34
(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’ nundurable 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.
Data exclude semiconductors.
Source: Department of Commerce, Bureau of the Census.
COPYRIGHT 2002 Superintendent Of Documents
COPYRIGHT 2002 Gale Group
