Table 1. Value of Manufacturers' Shipments for Industry Groups1

January 2023 - March 2023

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry Percent

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. change

2023 2023 2023 Mar. Feb. Jan. 2023 2023 2023 2022 2023 2022 2023/

2022

 All manufacturing industries2.................. 574,998 578,124 581,720 -0.5 -0.6 0.7 612,862 535,019 540,816 607,719 1,688,697 1,627,643 3.8

 Excluding transportation2................... 486,124 491,328 494,157 -1.1 -0.6 1.1 510,172 452,928 463,539 517,051 1,426,639 1,394,639 2.3

 Excluding defense2.............................. 559,965 562,951 566,355 -0.5 -0.6 0.7 596,143 520,451 528,057 592,053 1,644,651 1,586,550 3.7

 With unfilled orders............................ 194,334 192,131 192,528 1.1 -0.2 0.1 213,121 179,930 174,986 201,666 568,037 539,196 5.3

 Durable goods industries2......................... 279,706 277,684 279,043 0.7 -0.5 0.1 306,448 259,423 253,017 291,764 818,888 775,754 5.6

 Wood products....................................... 13,468 13,417 13,484 0.4 -0.5 0.4 13,812 12,244 11,612 14,188 37,668 38,526 -2.2

 Nonmetallic mineral products.................... 13,080 13,222 13,369 -1.1 -1.1 1.2 13,318 11,516 11,781 13,091 36,615 35,216 4.0

 Primary metals....................................... 26,976 26,787 26,877 0.7 -0.3 1.8 29,241 25,799 26,333 29,703 81,373 80,770 0.7

 Iron and steel mills............................ 15,102 14,847 14,715 1.7 0.9 -0.2 16,278 14,128 14,445 15,442 44,851 43,005 4.3

 Aluminum and nonferrous metals.......... 10,159 10,205 10,455 -0.5 -2.4 3.8 11,056 10,027 10,279 12,518 31,362 33,222 -5.6

 Ferrous metal foundries....................... 1,715 1,735 1,707 -1.2 1.6 7.2 1,907 1,644 1,609 1,743 5,160 4,543 13.6

 Fabricated metal products....................... 35,380 35,329 35,288 0.1 0.1 -0.2 37,390 33,132 33,071 37,543 103,593 103,760 -0.2

 Machinery............................................. 37,090 37,410 37,375 -0.9 0.1 0.8 41,180 35,446 33,761 40,316 110,387 105,976 4.2

 Farm machinery................................. 2,371 2,374 2,483 -0.1 -4.4 -4.6 2,789 2,516 2,240 3,885 7,545 10,289 -26.7

 Construction machinery..................... 4,225 4,107 4,260 2.9 -3.6 4.7 4,774 3,968 3,816 3,877 12,558 10,003 25.5

 Mining, oil field, and 

 gas field machinery.......................... 1,635 1,904 1,591 -14.1 19.7 0.4 1,745 1,774 1,502 1,551 5,021 4,094 22.6

 Industrial machinery.......................... 3,702 3,834 3,834 -3.4 0.0 6.4 4,113 3,261 3,264 4,288 10,638 10,768 -1.2

 Photographic equipment...................... 623 611 622 2.0 -1.8 -2.7 730 550 523 737 1,803 1,812 -0.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,676 4,734 4,788 -1.2 -1.1 1.9 5,126 4,039 3,908 4,856 13,073 12,224 6.9

 Metalworking machinery..................... 2,717 2,861 2,778 -5.0 3.0 -1.8 2,967 2,651 2,537 3,052 8,155 8,210 -0.7

 Turbines, generators, and other

 power transmission equipment....... 4,051 3,837 3,740 5.6 2.6 -2.0 4,131 3,858 3,567 3,612 11,556 10,561 9.4

 Material handling equipment............... 3,795 3,760 3,843 0.9 -2.2 2.2 4,365 3,666 3,612 4,181 11,643 10,829 7.5

 Computers and electronic products2.......... 29,342 29,423 29,430 -0.3 0.0 0.5 30,888 26,514 26,893 29,997 84,295 81,122 3.9

 Computers........................................ 799 805 798 -0.7 0.9 5.1 760 636 697 692 2,093 1,928 8.6

 Computer storage devices..................... 370 358 372 3.4 -3.8 6.0 481 273 324 431 1,078 990 8.9

 Other peripheral equipment................ 796 765 775 4.1 -1.3 2.0 858 602 718 600 2,178 1,477 47.5

 Nondefense communications

 equipment.................................... 2,919 2,951 2,931 -1.1 0.7 0.6 3,426 2,404 2,325 3,284 8,155 7,900 3.2

 Defense communications equipment.... 203 205 208 -1.0 -1.4 2.0 209 202 169 203 580 554 4.7

 Audio and video equipment.................... 377 368 467 2.4 -21.2 33.0 325 324 402 428 1,051 1,287 -18.3

 Electronic components......................... 4,766 4,861 4,760 -2.0 2.1 0.9 5,113 4,492 4,373 5,025 13,978 13,362 4.6

 Nondefense search and navigation

 equipment...................................... 1,615 1,621 1,604 -0.4 1.1 -1.0 1,825 1,529 1,436 1,834 4,790 4,733 1.2

 Defense search and navigation

 equipment..................................... 3,188 3,207 3,194 -0.6 0.4 -1.2 3,416 3,054 2,676 3,361 9,146 9,032 1.3

 Electromedical, measuring,

 and control instruments................. 8,811 8,736 8,711 0.9 0.3 -0.4 9,742 7,801 7,569 9,473 25,112 24,739 1.5

 Electrical equipment, appliances, 

 and components................................... 14,126 13,946 14,116 1.3 -1.2 4.0 15,487 12,765 12,359 14,243 40,611 36,748 10.5

 Electric lighting equipment..................... 1,283 1,269 1,258 1.1 0.9 1.0 1,350 1,151 1,141 1,258 3,642 3,422 6.4

 Household appliances........................ 2,346 2,361 2,437 -0.6 -3.1 3.4 2,621 2,081 1,980 2,690 6,682 6,594 1.3

 Electrical equipment............................ 4,592 4,505 4,650 1.9 -3.1 6.6 5,267 4,178 4,037 4,474 13,482 11,307 19.2

 Batteries........................................... 1,370 1,306 1,247 4.9 4.7 5.1 1,437 1,160 1,091 1,079 3,688 2,705 36.3

 Transportation equipment........................ 88,874 86,796 87,563 2.4 -0.9 -1.4 102,690 82,091 77,277 90,668 262,058 233,004 12.5

 Automobiles..................................... 8,763 8,681 8,309 0.9 4.5 -0.3 10,827 8,183 6,987 9,997 25,997 23,136 12.4

 Light trucks and utility vehicles.............. 20,583 20,594 21,310 -0.1 -3.4 -0.3 24,355 19,335 18,829 22,347 62,519 55,339 13.0

 Heavy duty trucks ............................. 2,652 2,824 2,958 -6.1 -4.5 3.3 3,051 2,681 2,692 2,635 8,424 6,779 24.3

 Motor vehicle bodies, parts, 

 and trailers.................................... 29,049 29,028 28,866 0.1 0.6 0.8 32,258 28,689 27,375 30,573 88,322 82,920 6.5

 Nondefense aircraft and parts................ 12,570 10,205 10,392 23.2 -1.8 -11.8 15,275 8,282 8,362 9,576 31,919 23,779 34.2

 Defense aircraft and parts.................. 4,652 4,681 4,864 -0.6 -3.8 0.9 5,176 4,266 3,982 5,080 13,424 12,836 4.6

 Ships and boats................................. 3,832 3,852 3,855 -0.5 -0.1 2.5 4,203 3,921 3,192 3,780 11,316 10,034 12.8

 Furniture and related products.................. 6,905 6,896 6,993 0.1 -1.4 0.6 7,016 6,590 6,462 6,891 20,068 19,489 3.0

 Miscellaneous durable goods................. 14,465 14,458 14,548 0.0 -0.6 -0.4 15,426 13,326 13,468 15,124 42,220 41,143 2.6

 Nondurable goods industries..................... 295,292 300,440 302,677 -1.7 -0.7 1.2 306,414 275,596 287,799 315,955 869,809 851,889 2.1

 Food products....................................... 80,326 80,257 79,999 0.1 0.3 0.3 81,725 77,142 77,185 81,330 236,052 231,775 1.8

 Grain and oilseed milling....................... 10,146 10,212 10,180 -0.6 0.3 0.6 10,384 9,833 10,090 10,333 30,307 28,912 4.8

 Dairy products.................................. 11,803 11,819 11,875 -0.1 -0.5 0.1 11,945 11,023 11,651 11,722 34,619 33,456 3.5

 Meat, poultry, and seafood products... 24,252 24,152 24,230 0.4 -0.3 -0.6 24,599 23,169 22,851 25,452 70,619 71,938 -1.8

 Beverage and tobacco products................ 17,195 16,757 16,752 2.6 0.0 -1.2 17,116 15,574 15,704 15,207 48,394 42,135 14.9

 Beverages......................................... 10,687 10,833 10,725 -1.3 1.0 1.4 10,608 9,650 9,677 9,887 29,935 27,642 8.3

 Tobacco............................................ 6,508 5,924 6,027 9.9 -1.7 -5.5 6,508 5,924 6,027 5,320 18,459 14,493 27.4

 Textile mills........................................... 2,117 2,149 2,165 -1.5 -0.7 -0.6 2,209 2,098 2,008 2,381 6,315 6,709 -5.9

 Textile products................................... 2,014 2,043 2,042 -1.4 0.0 0.0 2,079 1,998 1,851 2,154 5,928 6,050 -2.0

 Apparel................................................ 837 858 871 -2.4 -1.5 -1.1 797 805 835 803 2,437 2,329 4.6

 Leather and allied products...................... 498 505 527 -1.4 -4.2 1.7 503 469 483 449 1,455 1,173 24.0

 Paper products...................................... 17,596 17,541 17,515 0.3 0.1 1.3 18,291 16,510 17,259 18,040 52,060 50,950 2.2

 Pulp, paper, and paperboard mills....... 7,048 7,038 7,048 0.1 -0.1 2.4 7,218 6,564 7,066 6,914 20,848 19,729 5.7

 Paperboard containers........................ 6,349 6,313 6,265 0.6 0.8 0.7 6,693 5,882 6,164 6,748 18,739 18,791 -0.3

 Printing................................................. 7,346 7,410 7,380 -0.9 0.4 -0.1 7,566 6,777 7,047 7,370 21,390 20,201 5.9

 Petroleum and coal products.................. 64,762 70,223 73,138 -7.8 -4.0 4.1 65,454 58,993 68,043 78,319 192,490 193,767 -0.7

 Petroleum refineries.......................... 59,981 65,428 68,330 -8.3 -4.2 4.5 60,984 55,160 64,159 74,109 180,303 182,533 -1.2

 Chemical products............................... 77,952 77,919 77,415 0.0 0.7 0.8 84,483 72,339 73,771 83,161 230,593 223,895 3.0

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 4,001 3,929 3,983 1.8 -1.4 -2.2 5,407 4,128 3,805 5,485 13,340 13,631 -2.1

 Pharmaceuticals and medicines............. 24,623 24,645 24,355 -0.1 1.2 -0.1 25,727 22,217 23,226 23,480 71,170 63,920 11.3

 Paints, coatings, and adhesives.......... 4,130 4,227 4,180 -2.3 1.1 -1.1 4,531 3,807 3,738 4,652 12,076 12,057 0.2

 Plastics and rubber products.................. 24,649 24,778 24,873 -0.5 -0.4 -0.1 26,191 22,891 23,613 26,741 72,695 72,905 -0.3

Year to date

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for non-calendar 

reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for 

price changes. 

2

 Estimates and percent changes of shipments for the semiconductor industry are included in computers and electronic products, and all other applicable aggregate totals. 

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey panel is not a 

probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <https://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, Benchmark Report, May 12, 2023. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0294).