FOR IMMEDIATE RELEASE 

THURSDAY, JULY 26, 2007, AT 8:30 A.M. EDT 

Chris Savage or Jessica Young 

Manufacturing and Construction Division 

(301) 763-4832 

M3-1 (07)-6 

CB07-105

Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders 

June 2007 

New Orders 

 New orders for manufactured durable goods in June 

increased $3.0 billion or 1.4 percent to $217.1 billion, 

the U.S. Census Bureau announced today. This was the 

fourth increase in the last five months and followed a 2.3 

percent May decrease. Excluding transportation, new 

orders decreased 0.5 percent. Excluding defense, new 

orders increased 1.9 percent. 

 

 Transportation equipment, up following two 

consecutive monthly decreases, had the largest increase, 

$3.8 billion or 6.1 percent to $66.2 billion. This was led 

by nondefense aircraft and parts, which increased $4.1 

billion. 

 

Shipments 

 Shipments of manufactured durable goods in June, 

down following three consecutive monthly increases, 

decreased $2.3 billion or 1.1 percent to $212.5 billion. 

This followed a 0.6 percent May increase. 

 Computers and electronic products, down four of the 

last five months, had the largest decrease, $1.4 billion or 

4.0 percent to $32.8 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

June, up twenty-five of the last twenty-six months, 

increased $10.7 billion or 1.5 percent to $736.5 billion. 

This was at the highest level since the series was first 

stated on a NAICS basis in 1992 and followed a 0.9 

percent May increase. 

 Transportation equipment, up seventeen consecutive 

months, had the largest increase, $9.5 billion or 2.3 

percent to $419.8 billion. 

Inventories 

 Inventories of manufactured durable goods in June, up 

sixteen consecutive months, increased $0.7 billion or 0.2 

percent to $313.4 billion. This was also at the highest 

level since the series was first stated on a NAICS basis 

in 1992 and followed a 0.1 percent May increase. 

 Primary metals, up three of the last four months, had 

the largest increase, $0.5 billion or 1.7 percent to $32.1 

billion. 

Capital Goods 

 Nondefense new orders for capital goods in June 

increased $3.4 billion or 4.6 percent to $76.2 billion. 

Shipments decreased 0.1 percent to $66.0 billion. 

Unfilled orders increased $10.2 billion or 2.6 percent to 

$407.5 billion. Inventories increased $0.3 billion or 0.3 

percent to $121.7 billion. 

 Defense new orders for capital goods in June 

decreased $1.1 billion or 13.9 percent to $7.0 billion. 

Shipments decreased $0.4 billion or 4.4 percent to $7.9 

billion. Unfilled orders decreased $0.9 billion or 0.6 

percent to $142.4 billion. Inventories increased 0.2 

percent to $16.8 billion. 

Revised May Data 

 Revised seasonally adjusted May figures for all 

manufacturing industries were: new orders, $417.4 

billion (revised from $416.9 billion); shipments, $418.1 

billion (revised from $417.8 billion); unfilled orders, 

$725.8 billion (revised from $725.7 billion); and total 

inventories, $515.3 billion (revised from $515.0 billion).

Figures in text, other than year-to-date, are in seasonally adjusted current dollars. Figures on new and unfilled orders exclude 

data for semiconductor manufacturing. For data, call (301) 763-4673 or go to <http://www.census.gov/m3>.

Revised and more detailed estimates, plus nondurable goods data, will be published on August 2, 2007, at 10:00 a.m. EDT. The 

advance report on durable goods for July is scheduled for release on August 24, 2007, at 8:30 a.m. EDT. See back page for survey 

description. 
 2

Table 1. Durable Goods Manufacturers' Shipments and New Orders

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly Year to Date

Item Percent

Jun May Apr May - Apr - Mar - Jun May Jun Change

2007 2 2007 r 2007 Jun 2 May r Apr 2007 2 2007 r 2006 2007 2006 07/06

DURABLE GOODS

 Total:

 Shipments............................... 212,457 214,742 213,525 -1.1 0.6 2.0 231,940 221,553 235,478 1,277,257 1,282,265 -0.4

 New Orders 4

........................... 217,073 214,040 218,978 1.4 -2.3 1.0 231,115 217,005 234,209 1,293,498 1,290,763 0.2

 Excluding transportation:

 Shipments............................... 155,832 157,484 157,242 -1.0 0.2 3.4 168,793 160,159 170,205 927,879 924,773 0.3

 New Orders 4

........................... 150,913 151,713 151,970 -0.5 -0.2 2.3 159,864 153,855 163,980 905,070 910,212 -0.6

 Excluding defense:

 Shipments............................... 203,025 204,883 203,893 -0.9 0.5 2.1 221,878 211,715 225,291 1,220,226 1,227,246 -0.6

 New Orders 4

........................... 208,438 204,518 210,096 1.9 -2.7 1.1 222,740 209,913 221,848 1,239,128 1,235,368 0.3

 Manufacturing with unfilled orders:

 Shipments............................... 148,671 149,680 148,470 -0.7 0.8 1.0 162,213 153,351 161,664 888,563 873,821 1.7

 New Orders 4

........................... 159,368 156,091 161,755 2.1 -3.5 1.3 167,708 155,874 167,512 944,937 922,916 2.4

 Primary metals:

 Shipments............................... 20,475 20,758 20,307 -1.4 2.2 2.8 21,441 21,888 21,294 123,448 116,679 5.8

 New Orders.............................. 19,694 20,438 21,444 -3.6 -4.7 7.1 19,960 21,587 21,007 124,104 118,736 4.5

 Fabricated metal products:

 Shipments............................... 26,061 26,196 26,086 -0.5 0.4 2.0 27,688 27,479 27,486 155,971 153,850 1.4

 New Orders.............................. 26,736 26,295 26,442 1.7 -0.6 3.7 27,738 28,291 27,921 160,629 159,858 0.5

 Machinery:

 Shipments............................... 27,838 27,903 27,974 -0.2 -0.3 3.3 30,289 28,809 30,396 166,456 165,810 0.4

 New Orders.............................. 28,441 27,721 27,922 2.6 -0.7 -1.7 29,184 28,056 30,205 171,293 174,129 -1.6

 Computers and electronic products:

 Shipments............................... 32,769 34,127 34,285 -4.0 -0.5 8.9 37,167 32,179 37,625 195,047 193,818 0.6

 New Orders 4

........................... 26,704 27,985 26,642 -4.6 5.0 1.2 30,456 25,140 31,316 157,036 158,854 -1.1

 Computers and related products:

 Shipments............................... 5,622 5,876 5,209 -4.3 12.8 0.7 6,649 5,012 6,472 31,437 32,879 -4.4

 New Orders.............................. 5,593 5,822 5,038 -3.9 15.6 -6.3 6,620 4,958 6,551 31,249 32,578 -4.1 

 Communications equipment:

 Shipments............................... 5,402 5,494 5,440 -1.7 1.0 1.6 6,406 5,250 6,634 31,775 33,003 -3.7

 New Orders.............................. 5,330 6,112 5,292 -12.8 15.5 1.4 6,121 5,629 6,847 32,718 34,421 -4.9

 Semiconductors:

 Shipments............................... 6,081 7,113 7,832 -14.5 -9.2 46.9 6,320 7,071 7,117 40,133 40,597 -1.1

 New Orders 4

........................... (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electrical equipment, appliances, 

 and components: 

 Shipments............................... 10,884 10,848 11,146 0.3 -2.7 1.9 11,793 11,092 11,241 64,651 60,229 7.3

 New Orders.............................. 11,321 11,149 11,584 1.5 -3.8 3.5 11,898 11,395 11,641 67,757 64,068 5.8

 Transportation equipment: 

 Shipments............................... 56,625 57,258 56,283 -1.1 1.7 -1.5 63,147 61,394 65,273 349,378 357,492 -2.3

 New Orders.............................. 66,160 62,327 67,008 6.1 -7.0 -1.7 71,251 63,150 70,229 388,428 380,551 2.1

 Motor vehicles and parts:

 Shipments............................... 38,611 38,995 38,522 -1.0 1.2 -2.5 42,429 42,629 46,147 242,767 258,281 -6.0

 New Orders.............................. 38,678 39,229 38,477 -1.4 2.0 -2.7 42,016 42,410 45,914 242,036 259,560 -6.8 

 Nondefense aircraft and parts:

 Shipments............................... 8,840 8,672 8,428 1.9 2.9 0.4 10,831 9,103 9,148 51,326 43,970 16.7

 New Orders.............................. 18,326 14,239 18,032 28.7 -21.0 -11.0 20,351 13,407 12,813 90,465 67,461 34.1

 Defense aircraft and parts:

 Shipments............................... 3,254 3,435 3,369 -5.3 2.0 3.2 3,663 3,273 3,542 19,590 18,608 5.3

 New Orders.............................. 3,032 2,758 2,413 9.9 14.3 18.4 3,249 2,032 3,079 15,721 18,900 -16.8

 All other durable goods: 

 Shipments............................... 37,805 37,652 37,444 0.4 0.6 0.4 40,415 38,712 42,163 222,306 234,387 -5.2

 New Orders.............................. 38,017 38,125 37,936 -0.3 0.5 2.2 40,628 39,386 41,890 224,251 234,567 -4.4

 Capital goods:3

 Shipments............................... 73,869 74,270 73,710 -0.5 0.8 1.0 82,447 74,001 82,786 439,111 439,132 0.0

 New Orders.............................. 83,213 80,986 85,756 2.7 -5.6 -0.3 89,340 76,686 89,036 486,693 470,901 3.4

 Nondefense capital goods:

 Shipments............................... 65,962 65,999 65,611 -0.1 0.6 1.1 74,216 65,687 74,330 391,245 392,624 -0.4

 New Orders.............................. 76,182 72,821 78,128 4.6 -6.8 -0.3 82,718 70,742 78,389 440,724 424,413 3.8

 Excluding aircraft:

 Shipments........................... 60,574 60,829 60,431 -0.4 0.7 0.9 67,438 60,106 68,337 360,248 364,826 -1.3

 New Orders........................ 61,745 62,153 63,081 -0.7 -1.5 2.0 66,536 60,734 68,847 372,453 378,504 -1.6

 Defense capital goods:

 Shipments............................... 7,907 8,271 8,099 -4.4 2.1 0.8 8,231 8,314 8,456 47,866 46,508 2.9

 New Orders.............................. 7,031 8,165 7,628 -13.9 7.0 -0.2 6,622 5,944 10,647 45,969 46,488 -1.1

NA Not Available r Revised

1

 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations; unfilled orders and total inventories are as of the end of the period and are not 

adjusted for trading-day or calendar-month variations.

2

 Based on advance sample. 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. Further details on survey design,

methodology, and data limitations are contained in our most recent annual benchmark publication, Current Industrial Reports: M3-3(06), "Manufacturers' Shipments, Inventories, and Orders: 2001-2006."

3

 The Capital Goods Industries include Nondefense : small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery; industrial machinery; vending

laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all 

other machinery; electronic computers; computer storage devices; other computer peripheral equipment; communications equipment; search and navigation equipment; electromedical, measuring, and 

control instruments; electrical equipment; other electrical equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and 

medical equipment and supplies.

 Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space vehicles, and parts, ships and boats, and search and navigation equipmen

4 Data on new and unfilled orders are not available for the semiconductor industry. Estimates and percent changes for new orders and unfilled orders exclude semiconductor industry data. 

Inventories for semiconductor industry data are included in computers and electronic products and total durable goods industries, but are not shown separately.
 3

Table 2. Durable Goods Manufacturers' Unfilled Orders and Total Inventories

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly Percent

Item Change

Jun May Apr May - Apr - Mar - Jun May Jun 2007/

2007 2 2007 r 2007 Jun2 May r Apr 2007 2 2007 r 2006 2006

DURABLE GOODS

 Total:

 Unfilled Orders4

......................... 736,474 725,777 719,366 1.5 0.9 1.9 738,216 732,721 616,500 19.7

 Total Inventories....................... 313,409 312,752 312,426 0.2 0.1 0.4 311,647 315,353 295,130 5.6

 Excluding transportation:

 Unfilled Orders4

......................... 316,652 315,490 314,148 0.4 0.4 0.8 318,168 320,777 289,488 9.9

 Total Inventories....................... 235,862 235,330 235,430 0.2 0.0 0.0 234,787 237,396 223,373 5.1

 Excluding defense:

 Unfilled Orders4

......................... 581,795 570,301 563,553 2.0 1.2 2.6 582,514 575,332 470,296 23.9

 Total Inventories....................... 292,349 291,636 291,241 0.2 0.1 0.2 290,544 294,175 273,659 6.2

 Manufacturing with unfilled orders:

 Unfilled Orders4

......................... 736,474 725,777 719,366 1.5 0.9 1.9 738,216 732,721 616,500 19.7

 Total Inventories....................... 247,055 246,311 245,791 0.3 0.2 0.7 245,847 248,303 230,237 6.8

 Primary metals:

 Unfilled Orders......................... 27,282 28,063 28,383 -2.8 -1.1 4.2 27,348 28,829 28,297 -3.4

 Total Inventories....................... 32,059 31,512 31,538 1.7 -0.1 0.5 31,878 31,469 28,625 11.4

 Fabricated metal products:

 Unfilled Orders......................... 56,815 56,140 56,041 1.2 0.2 0.6 57,783 57,733 54,136 6.7

 Total Inventories....................... 41,677 41,654 41,634 0.1 0.0 0.1 41,737 42,094 39,456 5.8

 Machinery: 

 Unfilled Orders......................... 81,699 81,096 81,278 0.7 -0.2 -0.1 81,725 82,830 70,590 15.8

 Total Inventories....................... 50,720 50,445 50,396 0.5 0.1 0.4 50,361 50,893 46,882 7.4

 Computers and electronic products:

 Unfilled Orders4

......................... 112,035 112,019 111,048 0.0 0.9 0.2 112,314 112,705 102,723 9.3

 Total Inventories....................... 43,448 43,746 43,830 -0.7 -0.2 -0.7 42,839 44,218 41,875 2.3

 Computers and related products:

 Unfilled Orders......................... 3,219 3,248 3,302 -0.9 -1.6 -4.9 3,219 3,248 3,309 -2.7

 Total Inventories....................... 4,435 4,446 4,447 -0.2 0.0 -2.5 4,289 4,568 4,201 2.1

 

 Communications equipment:

 Unfilled Orders......................... 33,549 33,621 33,003 -0.2 1.9 -0.4 33,833 34,118 31,551 7.2

 Total Inventories....................... 7,174 7,265 7,186 -1.3 1.1 -0.2 6,900 7,335 7,120 -3.1

 Semiconductors:

 Unfilled Orders4

......................... (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Total Inventories4....................... (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electrical equipment, appliances, 

 and components: 

 Unfilled Orders......................... 24,875 24,438 24,137 1.8 1.2 1.8 24,842 24,737 21,478 15.7

 Total Inventories....................... 14,331 14,348 14,424 -0.1 -0.5 0.4 14,293 14,638 13,644 4.8

 Transportation equipment: 

 Unfilled Orders......................... 419,822 410,287 405,218 2.3 1.3 2.7 420,048 411,944 327,012 28.5

 Total Inventories....................... 77,547 77,422 76,996 0.2 0.6 1.6 76,860 77,957 71,757 7.1

 Motor vehicles and parts:

 Unfilled Orders......................... 20,927 20,860 20,626 0.3 1.1 -0.2 20,236 20,649 19,204 5.4

 Total Inventories....................... 24,688 25,043 25,058 -1.4 -0.1 -0.7 24,394 25,261 24,426 -0.1 

 Nondefense Aircraft and parts:

 Unfilled Orders......................... 257,527 248,041 242,474 3.8 2.3 4.1 257,689 248,169 179,892 43.2

 Total Inventories....................... 30,655 30,229 29,801 1.4 1.4 3.2 30,347 30,496 25,122 20.8

 Defense Aircraft and parts: 

 Unfilled Orders......................... 40,611 40,833 41,510 -0.5 -1.6 -2.3 41,154 41,568 43,260 -4.9

 Total Inventories....................... 12,698 12,722 12,702 -0.2 0.2 1.3 12,755 12,739 12,501 2.0

 All other durable goods: 

 Unfilled Orders......................... 13,946 13,734 13,261 1.5 3.6 3.9 14,156 13,943 12,264 15.4

 Total Inventories....................... 53,627 53,625 53,608 0.0 0.0 -0.5 53,679 54,084 52,891 1.5

 Capital goods:3

 Unfilled Orders......................... 549,977 540,633 533,917 1.7 1.3 2.3 551,472 544,579 442,856 24.5

 Total Inventories....................... 138,560 138,217 137,395 0.2 0.6 0.6 137,508 139,350 128,554 7.0

 Nondefense capital goods:

 Unfilled Orders......................... 407,539 397,319 390,497 2.6 1.7 3.3 408,170 399,668 308,927 32.1

 Total Inventories....................... 121,717 121,405 120,423 0.3 0.8 0.3 120,679 122,493 111,584 8.2

 Excluding aircraft: 

 Unfilled Orders.................... 176,608 175,437 174,113 0.7 0.8 1.5 177,125 178,027 152,735 16.0

 Total Inventories................... 97,943 97,738 97,367 0.2 0.4 -0.1 97,212 98,748 91,724 6.0

 Defense capital goods:

 Unfilled Orders......................... 142,438 143,314 143,420 -0.6 -0.1 -0.3 143,302 144,911 133,929 7.0

 Total Inventories....................... 16,843 16,812 16,972 0.2 -0.9 2.7 16,829 16,857 16,970 -0.8

See footnotes at end of Table 1 
4

Survey Description 

This report is compiled from results of the U.S. Census Bureau’s Manufacturers’ Shipments, Inventories, and Orders 

(M3) survey. This survey provides statistics on manufacturers' value of shipments, new orders (net of cancellations), 

end-of-month order backlog (unfilled orders), end-of-month total inventory (at current cost or market value), and 

inventories by stage of fabrication (materials and supplies, work-in-process, and finished goods). The M3 includes 

approximately 4,200 reporting units. Units may be divisions of diversified large companies, large homogenous 

companies, or single-unit manufacturers in 89 industry categories. Due to the small monthly sample, these 89 

categories have been combined into 59 publication levels. The survey methodology assumes that the month-tomonth changes of the total operations of those companies in the monthly survey effectively represent the month-tomonth movements of all establishments that make up the category. The current coverage levels in the survey show 

that reported data in the monthly survey represent approximately 62 percent of the shipments estimates at the total 

manufacturing level. Data published represent manufacturing in a calendar month. The data collection is based on a 

voluntary survey authorized by Title 13 of the United States Code. 

The data presented in this release are based on data obtained from a panel of 4,200 reporting units and provide an 

indication of the activity within the manufacturing sector. The results differ from what would be obtained from a 

complete enumeration of all manufacturing companies. In addition, a different panel of 4,200 companies would 

yield different results. The M3 panel is comprised of companies with $500 million or more in shipments and a 

limited number of smaller companies. From a statistical perspective, the panel is not a probability sample; therefore, 

the sampling errors that are normally provided with sample surveys cannot be measured. Nonsampling errors are 

attributable to many sources. The use of company or divisional reports to estimate the monthly change for 

establishments is one source of nonsampling error. The use of primarily large companies to represent the month-tomonth movement of all companies is another potential source. Any corrections will be published in the full report. 

Corrections received after the full report will be released in the next month’s advance report. Any revisions made 

later than two months will be reflected in the annual benchmark publication. 

Additional survey documentation can be found on our web site: http://www.census.gov/m3.