Manufacturers' Shipments,

 Inventories, and Orders: August 2003 Issued October 2003

 M3-1(03)-08

 For Wire Transmission 10:00 a.m. E.D.T., October 2, 2003 Current 

 Industrial

 Reports

For data, call 301-763-4673. For inquiries, contact Dan Sansbury or Derrick Roy, Manufacturers' Shipments, Inventories and Orders Branch, Manufacturing and 

Construction Divison (MCD), Washington, DC 20233-6900 or call 301-763-4832.

The advance report on durable goods for September is scheduled for October 28, 2003 at 8:30 a.m. and the full report on November 5, 2003 at 10:00 a.m. 

For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington DC, 20402 

Our Internet address is : http://www.census.gov/m3

Total Manufacturing Shipments

and Three Month Moving Average

300

320

340

360

380

Aug-01

Oct-01

Dec-01

Feb-02Apr-02

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03Apr-03

Jun-03

Aug-03

300

320

340

360

380

 Shipments Average

Billions Of Dollars

Total Manufacturing Inventories

and Three Month Moving Average

420

440

460

480

500

Aug-01

Oct-01

Dec-01

Feb-02Apr-02

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03Apr-03

Jun-03

Aug-03

420

440

460

480

500

 Inventories Average

Billions Of Dollars
2

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.

Summary

New orders for manufactured goods in August decreased

$2.7 billion or 0.8 percent to $327.8 billion, the Department

of Commerce, Census Bureau reported today. This followed

three consecutive increases, including a 2.0 percent July

increase. Year to date, new orders for 2003 were 1.9 percent

above the same period a year ago.

Shipments decreased $6.0 billion or 1.8 percent to $331.3

billion. This followed three consecutive increases, including

a 2.6 percent July increase. Year to date, shipments for 2003

were 1.5 percent above the same period a year ago. 

Unfilled orders, up six of the past seven months, increased

$3.0 billion or 0.6 percent to $488.9 billion. This followed a

0.3 percent July decrease. The unfilled orders-to-shipments

ratio was 4.09, up from 3.94 in July.

Inventories, down four consecutive months, decreased

$1.1 billion or 0.2 percent to $439.7 billion, following a 0.4

percent July decrease. This was the lowest level since

September 1997. The inventories-to-shipments ratio was

1.33, up from 1.31 in July.

New Orders

New orders for manufactured durable goods in August,

down following three consecutive increases, decreased $1.9

billion or 1.1 percent to $173.1 billion, revised from the

previously published $173.3 billion.

Transportation equipment, down five of the past six

months, had the largest decrease, $1.2 billion or 2.3 percent to

$51.0 billion.

New orders for manufactured nondurable goods decreased

$0.8 billion or 0.5 percent to $154.7 billion.

Shipments

Shipments of manufactured durable goods in August,

down following three consecutive increases, decreased $5.2

billion or 2.9 percent to $176.6 billion, revised from the

previously published $176.3 billion.

Transportation equipment had the largest decrease, $3.6

billion or 6.8 percent to $49.6 billion, led by light trucks and

utility vehicles, which decreased by $1.0 billion. Automobile

manufacturing decreased by $0.9 billion. This was the largest

percent decrease in transportation equipment since January

2001.

Shipments of manufactured nondurable goods, down

following three consecutive increases, decreased $0.8

billion or 0.5 percent to $154.7 billion. Basic chemicals

had the largest decrease, $1.4 billion or 3.6 percent to $38.4

billion, due to pharmaceuticals and medicines, which

decreased $1.8 billion.

Unfilled Orders

Unfilled orders of manufactured durable goods in

August, up six of the past seven months, increased $3.0

billion or 0.6 percent to $488.9 billion, revised from the

previously published $489.1 billion.

Transportation equipment, up six of the past seven

months, had the largest increase, $1.4 billion or 0.6 percent

to $247.9 billion, led by ships and boats, which increased

by $1.9 billion. Computers and electronic products

increased $1.3 billion or 1.0 percent to $124.9 billion.

Inventories

Inventories of manufactured durable goods in August,

at the lowest level since June 1995, decreased $1.3

billion or 0.5 percent to $263.4 billion, revised from the

previously published $263.5 billion. This was the

thirtieth decrease over the past thirty-one months.

Machinery, at the lowest level since January 1995,

had the largest decrease, $0.3 billion or 0.8 percent to

$41.6 billion, led by metalworking machinery, which

decreased by $0.2 billion. Transportation equipment also

decreased $0.3 billion or 0.4 percent to $67.4 billion.

Inventories of manufactured nondurable goods

increased $0.2 billion or 0.1 percent to $176.4 billion. 

Petroleum and coal products had the largest increase, $0.5

billion or 3.4 percent to $15.8 billion.

By stage of fabrication, August materials and supplies

decreased 1.3 percent in durable goods and increased 0.1

percent in nondurable goods. Work in process decreased

0.1 percent in durable goods and 0.2 percent in

nondurable goods. Finished goods decreased 0.1 percent

in durable goods and increased 0.3 percent in nondurable

goods.

SEE BACK PAGE FOR SURVEY DESCRIPTION

Our internet address is: http://www.census.gov/m3

For data, call 301-763-4673. For inquiries, contact Dan Sansbury or Derrick Roy, Manufacturers’ Shipments, Inventories, and Orders Branch,

Manufacturing and Construction Division (MCD), Washington, DC 20233-6900, or call 301-763-4832.

The advance report on durable goods for September is scheduled for October 28, 2003 at 8:30 A.M. EST and the full report on November 5,

2003 at 10:00 A.M. EST. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. 
 3 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Aug July June July - June - May - Aug July June Aug Change

2003p 2003r 2003 Aug July June 2003p 2003r 2003 2002 2003p 2002 03/02

 All manufacturing industries .................. 331,254 337,248 328,643 -1.8 2.6 1.5 336,403 310,025 348,612 333,948 2,606,232 2,568,264 1.5

 Excluding transportation ................... 281,667 284,054 277,659 -0.8 2.3 1.2 285,944 271,286 293,409 278,718 2,204,842 2,153,832 2.4

 Excluding defense .............................. 322,004 327,706 319,825 -1.7 2.5 1.5 327,519 301,600 338,775 326,409 2,537,352 2,507,957 1.2

 With unfilled orders ........................... 119,513 123,463 119,631 -3.2 3.2 1.2 119,378 109,110 130,189 123,549 945,429 969,574 -2.5

 Durable goods industries ........................ 176,554 181,761 176,782 -2.9 2.8 1.7 177,286 158,160 192,530 182,062 1,392,404 1,409,073 -1.2

 Wood products................................. ...... 7,726 7,623 7,471 1.4 2.0 3.0 8,299 7,993 8,257 7,782 59,462 59,030 0.7

 Nonmetallic mineral products................... 7,311 7,350 7,238 -0.5 1.5 1.1 7,964 7,666 7,705 8,066 58,055 59,684 -2.7

 Primary metals............................ .......... 10,627 10,826 10,488 -1.8 3.2 -3.1 10,829 10,157 10,934 11,949 88,053 91,687 -4.0

 Iron and steel mills............................ 4,769 4,880 4,661 -2.3 4.7 -6.9 4,821 4,584 4,936 5,532 40,273 41,379 -2.7

 Aluminum and nonferrous metals......... 4,632 4,675 4,575 -0.9 2.2 0.1 4,729 4,431 4,671 5,011 37,489 39,395 -4.8

 Ferrous metal foundries...................... 1,226 1,271 1,252 -3.5 1.5 0.3 1,279 1,142 1,327 1,406 10,291 10,913 -5.7

 Fabricated metal products...................... 19,921 20,883 20,179 -4.6 3.5 -0.2 20,872 19,867 21,088 22,421 162,779 168,149 -3.2

 Machinery............................................. 21,017 21,264 20,854 -1.2 2.0 0.0 20,318 19,807 23,110 20,843 167,592 171,535 -2.3

 Farm machinery................................. 1,382 1,339 1,341 3.2 -0.1 1.5 1,278 1,258 1,406 1,288 11,688 11,145 4.9

 Construction machinery..................... 1,757 1,812 1,746 -3.0 3.8 3.4 1,667 1,739 1,954 1,572 14,016 13,912 0.7

 Mining, oil field, and 

 gas field machinery......................... 717 728 681 -1.5 6.9 -4.6 710 702 735 620 5,576 5,112 9.1

 Industrial machinery.......................... 2,974 2,907 3,027 2.3 -4.0 -0.9 2,604 2,790 3,496 2,698 22,930 20,957 9.4

 Photographic equipment...................... 882 859 810 2.7 6.0 1.9 869 802 922 828 6,251 6,134 1.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,533 2,619 2,514 -3.3 4.2 4.3 2,718 2,542 3,048 2,683 20,233 21,008 -3.7

 Metalworking machinery..................... 1,760 1,739 1,639 1.2 6.1 -3.7 1,710 1,464 1,803 1,938 13,324 15,522 -14.2

 Turbines, generators, and other

 power transmission equipment....... 2,582 2,709 2,576 -4.7 5.2 -6.1 2,534 2,270 2,814 2,977 21,012 25,802 -18.6

 Material handling equipment............... 1,298 1,317 1,306 -1.4 0.8 1.2 1,237 1,317 1,374 1,266 10,570 10,834 -2.4

 Computers and electronic products ......... 35,266 35,125 34,884 0.4 0.7 4.9 33,264 30,233 39,941 30,803 259,807 250,752 3.6

 Computers........................................ 4,988 5,520 4,413 -9.6 25.1 1.4 4,634 5,305 4,913 3,808 35,524 31,307 13.5

 Computer storage devices................... 1,255 1,484 1,719 -15.4 -13.7 49.1 1,008 866 2,382 1,003 9,407 9,079 3.6

 Other peripheral equipment................ 1,492 1,579 1,500 -5.5 5.3 0.7 1,312 1,195 1,986 1,408 11,010 10,675 3.1

 Nondefense communications

 equipment.................................... 6,049 6,123 6,234 -1.2 -1.8 16.4 5,540 4,992 7,257 5,497 43,766 48,815 -10.3

 Defense communications equipment... 458 441 423 3.9 4.3 -3.4 460 404 435 354 3,338 2,944 13.4

 Audio and video equipment.................. 664 706 678 -5.9 4.1 0.7 648 635 639 680 4,924 5,401 -8.8

 Semiconductors ................................. 6,415 5,296 6,076 21.1 -12.8 0.1 6,162 4,411 6,670 4,717 44,994 36,203 24.3

 Electronic components........................ 4,027 4,077 4,129 -1.2 -1.3 1.2 4,100 3,753 4,401 4,693 31,877 36,358 -12.3

 Nondefense search and navigation

 equipment..................................... 827 865 850 -4.4 1.8 -2.5 843 803 927 862 6,583 6,614 -0.5

 Defense search and navigation

 equipment..................................... 2,609 2,823 2,346 -7.6 20.3 -0.7 2,379 2,517 2,574 1,959 18,812 16,591 13.4

 Electromedical, measuring,

 and control instruments................. 5,982 5,733 5,960 4.3 -3.8 1.6 5,678 4,916 7,215 5,209 45,789 42,241 8.4

 Electrical equipment, appliances, 

 and components................................... 8,237 8,546 8,286 -3.6 3.1 -0.3 8,180 7,767 9,059 8,573 65,694 68,250 -3.7

 Electric lighting equipment................... 984 1,044 1,043 -5.7 0.1 0.8 947 879 1,131 1,016 8,041 8,021 0.2

 Household appliances........................ 2,014 2,000 1,940 0.7 3.1 2.2 2,047 1,847 2,138 1,914 15,274 14,924 2.3

 Electrical equipment............................ 2,405 2,510 2,470 -4.2 1.6 1.0 2,391 2,313 2,766 2,538 19,399 20,155 -3.8

 Batteries........................................... 452 548 438 -17.5 25.1 -0.5 454 433 477 444 3,435 3,808 -9.8

 Transportation equipment...................... 49,587 53,194 50,984 -6.8 4.3 3.0 50,459 38,739 55,203 55,230 401,390 414,432 -3.1

 Automobiles..................................... 6,786 7,701 7,022 -11.9 9.7 1.7 6,987 4,931 7,370 8,001 56,284 58,855 -4.4

 Light trucks and utility vehicles............ 10,023 11,063 10,248 -9.4 8.0 3.1 10,438 6,840 11,061 12,026 82,399 84,575 -2.6

 Heavy duty trucks ............................. 1,014 1,056 1,140 -4.0 -7.4 3.9 1,057 1,010 1,274 1,351 8,528 8,925 -4.4

 Motor vehicle bodies, parts, 

 and trailers.................................... 17,592 18,329 17,692 -4.0 3.6 2.8 18,070 13,477 18,589 20,233 142,255 149,713 -5.0

 Nondefense aircraft and parts.............. 5,338 5,902 6,033 -9.6 -2.2 11.3 5,048 4,723 7,060 5,316 43,321 50,410 -14.1

 Defense aircraft and parts.................. 3,398 3,448 3,316 -1.5 4.0 3.2 3,357 2,918 3,920 2,895 25,212 22,073 14.2

 Ships and boats................................. 2,145 2,185 2,182 -1.8 0.1 2.7 2,270 1,813 2,185 1,991 16,575 13,818 20.0

 Furniture and related products................. 5,938 6,020 5,765 -1.4 4.4 -1.8 6,377 5,661 5,799 6,250 45,870 46,707 -1.8

 Miscellaneous durable goods................. 10,924 10,930 10,633 -0.1 2.8 1.0 10,724 10,270 11,434 10,145 83,702 78,847 6.2

 Nondurable goods industries................... 154,700 155,487 151,861 -0.5 2.4 1.1 159,117 151,865 156,082 151,886 1,213,828 1,159,191 4.7

 Food products....................................... 39,086 38,776 38,697 0.8 0.2 2.3 40,033 36,762 38,384 38,096 300,006 294,880 1.7

 Grain and oilseed milling..................... 4,179 4,098 4,004 2.0 2.3 -2.5 4,278 4,010 3,856 3,991 32,298 31,360 3.0

 Dairy products.................................. 5,652 5,583 5,366 1.2 4.0 1.8 5,693 5,429 5,488 4,930 42,383 40,584 4.4

 Meat, poultry, and seafood products... 11,354 11,284 11,514 0.6 -2.0 6.7 11,928 10,986 11,525 11,257 88,668 88,313 0.4

 Beverage and tobacco products............... 8,757 8,896 8,970 -1.6 -0.8 1.1 9,109 9,154 9,383 9,654 70,844 74,897 -5.4

 Beverages......................................... 5,625 5,662 5,773 -0.7 -1.9 1.3 5,977 5,920 6,186 6,123 45,925 45,202 1.6

 Tobacco............................................ 3,132 3,234 3,197 -3.2 1.2 0.7 3,132 3,234 3,197 3,531 24,919 29,695 -16.1

 Textile mills........................................... 3,191 3,221 3,207 -0.9 0.4 2.0 3,412 2,940 3,493 3,788 26,400 28,993 -8.9

 Textile products................................... 2,895 2,910 2,836 -0.5 2.6 1.0 3,137 2,952 3,074 3,091 23,055 22,906 0.7

 Apparel................................................ 4,266 4,286 4,346 -0.5 -1.4 2.0 4,797 4,477 4,255 5,038 34,391 35,501 -3.1

 Leather and allied products..................... 946 944 916 0.2 3.1 0.4 1,007 886 912 960 7,200 6,484 11.0

 Paper products...................................... 13,152 13,421 13,459 -2.0 -0.3 0.4 13,402 13,264 13,811 13,733 105,848 99,484 6.4

 Pulp, paper, and paperboard mills....... 5,640 5,817 5,769 -3.0 0.8 -0.6 5,803 5,794 5,828 6,396 46,239 46,144 0.2

 Paperboard containers........................ 3,571 3,624 3,721 -1.5 -2.6 0.5 3,682 3,595 3,836 4,309 29,328 29,633 -1.0

 Printing................................................. 7,772 7,754 7,952 0.2 -2.5 -1.8 8,027 7,242 7,689 8,545 62,069 63,215 -1.8

 Petroleum and coal products.................. 20,971 19,922 19,218 5.3 3.7 2.2 22,341 20,650 20,228 18,872 158,933 133,588 19.0

 Petroleum refineries.......................... 19,296 18,214 17,637 5.9 3.3 3.0 20,343 18,640 18,345 16,890 145,507 120,608 20.6

 Basic chemicals...................................... 38,445 39,868 36,918 -3.6 8.0 0.1 38,231 38,284 38,828 34,560 301,685 279,889 7.8

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 1,508 1,568 1,550 -3.8 1.2 11.0 1,090 1,343 1,707 1,197 13,272 14,502 -8.5

 Pharmaceuticals and medicines............ 9,863 11,653 9,289 -15.4 25.4 -3.0 9,680 10,477 9,414 8,612 77,475 75,781 2.2

 Paints, coatings, and adhesives.......... 2,388 2,362 2,324 1.1 1.6 1.0 2,496 2,544 2,543 2,479 19,301 19,237 0.3

 Plastics and rubber products.................. 15,219 15,489 15,342 -1.7 1.0 1.3 15,621 15,254 16,025 15,549 123,397 119,354 3.4

p Preliminary r

 Revised NA Not available.

1

 Shipments are the totals for the period and are adjusted for trading-day and calendar-month variations.

See note at end of Table 2 relating to survey error and revision.

Year to date
 4

Table 2. Value of Manufacturers' New Orders for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Aug July June July - June - May - Aug July June Aug Change

2003p 2003r 2003 Aug July June 2003p 2003r 2003 2002 2003p 2002 03/02

All manufacturing industries 2................... 327,825 330,551 324,098 -0.8 2.0 1.9 329,349 302,764 339,178 327,796 2,566,262 2,517,715 1.9

 Excluding transportation 2

................... 276,831 278,351 271,793 -0.5 2.4 1.3 279,332 266,663 284,521 268,651 2,163,889 2,102,895 2.9

 Excluding defense 2

............................. 315,992 321,517 314,511 -1.7 2.2 1.9 319,791 297,103 329,817 321,252 2,490,757 2,454,716 1.5

 With unfilled orders 2

.......................... 122,499 122,062 121,162 0.4 0.7 2.3 118,486 106,260 127,425 122,114 950,453 955,228 -0.5

 Durable goods industries 2........................ 173,125 175,064 172,237 -1.1 1.6 2.5 170,232 150,899 183,096 175,910 1,352,434 1,358,524 -0.4

 Primary metals............................ ............ 10,979 10,885 10,598 0.9 2.7 -0.5 11,129 10,136 11,024 11,773 88,188 91,551 -3.7

 Iron and steel mills.............................. 5,218 5,019 4,672 4.0 7.4 -6.6 5,283 4,583 4,982 5,513 40,555 42,551 -4.7

 Aluminum and nonferrous metals......... 4,526 4,573 4,667 -1.0 -2.0 5.6 4,541 4,417 4,738 4,851 37,303 38,321 -2.7

 Ferrous metal foundries...................... 1,235 1,293 1,259 -4.5 2.7 2.7 1,305 1,136 1,304 1,409 10,330 10,679 -3.3

 Fabricated metal products...................... 19,881 20,695 19,873 -3.9 4.1 -1.6 20,509 20,258 20,568 21,455 162,279 167,911 -3.4

 Machinery............................................. 20,989 21,191 20,502 -1.0 3.4 2.7 20,237 19,781 21,833 19,799 166,394 163,967 1.5

 Construction machinery....................... 1,750 2,042 1,673 -14.3 22.1 -4.9 1,677 1,871 1,730 1,590 14,126 13,839 2.1

 Mining, oil field, and

 gas field machinery......................... 930 696 687 33.6 1.3 0.3 923 670 741 675 5,649 5,038 12.1

 Industrial machinery............................ 2,836 2,681 2,924 5.8 -8.3 1.6 2,372 2,788 3,058 2,339 23,047 21,627 6.6

 Photographic equipment...................... 891 851 838 4.7 1.6 6.6 880 821 936 822 6,458 6,207 4.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,724 2,809 2,433 -3.0 15.5 0.3 2,880 2,680 2,845 2,531 20,784 21,115 -1.6

 Metalworking machinery....................... 1,725 1,699 1,784 1.5 -4.8 7.2 1,657 1,479 1,854 1,962 13,313 15,385 -13.5

 Turbines, generators, and other 

 power transmission equipment.......... 2,416 2,527 2,283 -4.4 10.7 2.0 2,447 2,160 2,488 2,434 18,609 18,526 0.4

 Material handling equipment............... 1,159 1,274 1,215 -9.0 4.9 -2.2 1,028 1,166 1,274 1,264 10,125 10,289 -1.6

 Computers and electronic products 2...... 30,145 30,085 29,328 0.2 2.6 3.7 27,027 25,148 32,768 23,527 219,483 209,016 5.0

 Computers........................................ 5,272 5,108 4,677 3.2 9.2 -6.4 5,200 4,606 5,043 3,804 36,226 30,755 17.8

 Nondefense communications

 equipment...................................... 6,411 6,716 5,922 -4.5 13.4 0.4 4,692 5,366 6,091 4,199 47,859 46,936 2.0

 Defense communications equipment... 375 419 461 -10.5 -9.1 8.5 377 382 473 278 3,431 2,711 26.6

 Semiconductors 2................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components........................ 3,960 3,822 3,901 3.6 -2.0 -6.2 4,104 3,588 4,289 4,358 29,489 35,797 -17.6

 Nondefense search and navigation

 equipment..................................... 871 928 862 -6.1 7.7 -15.3 796 857 915 738 6,792 6,239 8.9

 Defense search and navigation

 equipment...................................... 3,394 2,888 2,328 17.5 24.1 11.1 2,812 1,870 2,672 1,180 19,388 14,085 37.6

 Electromedical, measuring,

 and control instruments.................... 5,951 5,957 6,724 -0.1 -11.4 15.2 5,578 5,347 7,736 5,266 47,174 42,814 10.2

 Electrical equipment, appliances, 

 and components................................... 8,437 8,342 8,389 1.1 -0.6 2.0 8,362 7,870 8,945 8,500 66,000 67,991 -2.9

 Electric lighting equipment................... 1,156 1,000 1,053 15.6 -5.0 4.1 1,120 848 1,160 1,040 8,198 8,172 0.3

 Household appliances.......................... 1,940 1,950 1,880 -0.5 3.7 1.2 1,961 1,931 1,954 1,866 15,298 14,637 4.5

 Electrical equipment............................ 2,507 2,449 2,578 2.4 -5.0 3.6 2,511 2,330 2,789 2,483 19,881 19,769 0.6

 Transportation equipment........................ 50,994 52,200 52,305 -2.3 -0.2 5.1 50,017 36,101 54,657 59,145 402,373 414,820 -3.0

 Motor vehicle bodies, parts, 

 and trailers..................................... 17,527 18,483 17,685 -5.2 4.5 4.0 17,815 13,888 18,311 19,633 141,959 149,902 -5.3

 Nondefense aircraft and parts.............. 5,037 5,555 6,242 -9.3 -11.0 37.6 4,629 4,001 7,024 8,847 36,837 43,861 -16.0

 Defense aircraft and parts................... 3,495 3,196 3,920 9.4 -18.5 -15.2 2,523 1,852 3,651 2,265 29,287 28,050 4.4

 Ships and boats.................................. 4,016 1,868 2,127 115.0 -12.2 8.9 3,752 1,104 2,003 1,750 15,943 14,002 13.9

 Furniture and related products................. 5,807 5,751 5,870 1.0 -2.0 -0.5 6,032 5,664 5,875 5,817 46,057 46,228 -0.4

 Nondurable goods industries.................. 154,700 155,487 151,861 -0.5 2.4 1.1 159,117 151,865 156,082 151,886 1,213,828 1,159,191 4.7

p

 Preliminary r Revised NA Not available.

1

 New orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 2

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

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. Further details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication,

Current Industrial Reports: M3-1(02), "Manufacturers' Shipments, Inventories, and Orders: 1992-2002."

Year to date
 5 

Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Aug July June July - June - May - Aug July June Aug Aug

2003p 2003r 2003 Aug July June 2003p 2003r 2003 2002 03/02

All manufacturing industries 1................... 488,945 485,959 487,360 0.6 -0.3 0.3 485,703 486,595 489,445 498,174 -2.5

 Excluding transportation 1

................... 241,023 239,444 239,851 0.7 -0.2 0.1 240,304 240,754 240,966 246,339 -2.4

 Excluding defense 1

............................. 335,581 335,178 336,071 0.1 -0.3 0.2 334,533 336,099 336,185 353,810 -5.4

 Durable goods industries 1........................ 488,945 485,959 487,360 0.6 -0.3 0.3 485,703 486,595 489,445 498,174 -2.5

 Primary metals........................................ 14,488 14,136 14,077 2.5 0.4 0.8 14,594 14,294 14,315 16,164 -9.7

 Iron and steel mills.............................. 7,972 7,523 7,384 6.0 1.9 0.1 8,082 7,620 7,621 9,087 -11.1

 Aluminum and nonferrous metals......... 4,277 4,383 4,485 -2.4 -2.3 2.1 4,295 4,483 4,497 4,881 -12.0

 Ferrous metal foundries...................... 2,239 2,230 2,208 0.4 1.0 0.3 2,217 2,191 2,197 2,196 1.0

 Fabricated metal products...................... 35,889 35,929 36,117 -0.1 -0.5 -0.8 36,400 36,763 36,372 39,486 -7.8

 Machinery.............................................. 41,332 41,360 41,433 -0.1 -0.2 -0.8 41,222 41,303 41,329 45,944 -10.3

 Construction machinery....................... 2,191 2,198 1,968 -0.3 11.7 -3.6 2,119 2,109 1,977 2,055 3.1

 Mining, oil field, and

 gas field machinery......................... 971 758 790 28.1 -4.1 0.8 971 758 790 982 -1.1

 Industrial machinery............................ 7,526 7,664 7,890 -1.8 -2.9 -1.3 7,589 7,821 7,823 8,088 -6.2

 Photographic equipment...................... 739 730 738 1.2 -1.1 3.9 761 750 731 536 42.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,522 4,331 4,141 4.4 4.6 -1.9 4,547 4,385 4,247 4,370 4.1

 Metalworking machinery....................... 3,614 3,649 3,689 -1.0 -1.1 4.1 3,632 3,685 3,670 3,676 -1.2

 Turbines, generators, and other 

 power transmission equipment.......... 8,275 8,441 8,623 -2.0 -2.1 -3.3 8,327 8,414 8,524 13,425 -38.0

 Material handling equipment............... 4,617 4,756 4,799 -2.9 -0.9 -1.9 4,444 4,653 4,804 4,660 -4.6

 Computers and electronic products 1...... 124,910 123,616 123,360 1.0 0.2 0.4 123,487 123,562 124,236 120,950 2.1

 Computers......................................... 8,686 8,402 8,814 3.4 -4.7 3.1 8,826 8,260 8,959 6,623 33.3

 Nondefense communications

 equipment...................................... 46,944 46,582 45,989 0.8 1.3 -0.7 45,898 46,746 46,372 45,038 1.9

 Defense communications equipment... 3,035 3,118 3,140 -2.7 -0.7 1.2 3,035 3,118 3,140 2,809 8.0

 Semiconductors 1

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

 Electronic components.......................... 12,980 13,047 13,302 -0.5 -1.9 -1.7 13,096 13,092 13,257 17,346 -24.5

 Nondefense search and navigation

 equipment..................................... 4,748 4,704 4,641 0.9 1.4 0.3 4,698 4,745 4,691 4,499 4.4

 Defense search and navigation

 equipment...................................... 34,828 34,043 33,978 2.3 0.2 -0.1 34,210 33,777 34,424 32,389 5.6

 Electromedical, measuring,

 and control instruments.................... 13,689 13,720 13,496 -0.2 1.7 6.0 13,724 13,824 13,393 12,246 12.1

 Electrical equipment, appliances, 

 and components................................... 13,993 13,793 13,997 1.5 -1.5 0.7 14,098 13,916 13,813 14,193 -0.7

 Electric lighting equipment................... 1,560 1,388 1,432 12.4 -3.1 0.7 1,612 1,439 1,470 1,479 9.0

 Household appliances.......................... 970 1,044 1,094 -7.1 -4.6 -5.2 923 1,009 925 898 2.8

 Electrical equipment............................ 8,485 8,383 8,444 1.2 -0.7 1.3 8,553 8,433 8,416 8,420 1.6

 Transportation equipment........................ 247,922 246,515 247,509 0.6 -0.4 0.5 245,399 245,841 248,479 251,835 -2.6

 Motor vehicle bodies, parts, 

 and trailers..................................... 12,003 12,068 11,914 -0.5 1.3 -0.1 11,837 12,092 11,681 12,275 -3.6

 Nondefense aircraft and parts.............. 105,785 106,086 106,433 -0.3 -0.3 0.2 105,010 105,429 106,151 116,249 -9.7

 Defense aircraft and parts................... 60,392 60,295 60,547 0.2 -0.4 1.0 60,039 60,873 61,939 56,981 5.4

 Ships and boats.................................. 20,745 18,874 19,191 9.9 -1.7 -0.3 20,016 18,534 19,243 20,413 -1.9

 Furniture and related products................. 5,349 5,480 5,749 -2.4 -4.7 1.9 5,441 5,786 5,783 5,815 -6.4

p

 Preliminary r Revised NA Not available.

1

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

See note at end of Table 2 relating to survey error and revision.
 6

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Aug July June July - June - May - Aug July June Aug Aug

2003p 2003r 2003 Aug July June 2003p 2003r 2003 2002 03/02

 All manufacturing industries..................... 439,707 440,767 442,666 -0.2 -0.4 -0.3 442,960 442,188 439,285 446,323 -0.8

 Excluding transportation...................... 372,268 373,050 374,505 -0.2 -0.4 -0.2 374,437 373,951 371,947 378,630 -1.1

 Excluding defense............................. 416,915 417,721 419,621 -0.2 -0.5 -0.4 419,573 418,912 416,233 424,759 -1.2

 With unfilled orders............................. 206,335 207,478 209,126 -0.6 -0.8 -1.0 208,339 208,280 207,548 217,170 -4.1

 Durable goods industries........................ 263,352 264,638 266,154 -0.5 -0.6 -0.9 265,867 265,774 264,092 274,889 -3.3

 Wood products........................................ 9,290 9,404 9,492 -1.2 -0.9 -1.1 9,145 9,250 9,282 9,672 -5.4

 Nonmetallic mineral products................... 9,777 9,905 9,888 -1.3 0.2 0.1 9,744 9,953 9,957 9,347 4.2

 Primary metals........................................ 17,865 17,989 18,222 -0.7 -1.3 -3.7 17,846 17,963 18,056 18,663 -4.4

 Iron and steel mills.............................. 9,747 9,796 10,046 -0.5 -2.5 -7.3 9,758 9,788 9,866 10,402 -6.2

 Aluminum and nonferrous metals......... 6,421 6,481 6,465 -0.9 0.2 1.3 6,431 6,481 6,447 6,600 -2.6

 Ferrous metal foundries...................... 1,697 1,712 1,711 -0.9 0.1 -0.5 1,657 1,694 1,743 1,661 -0.2

 Fabricated metal products......................... 31,028 31,115 31,479 -0.3 -1.2 -0.6 31,006 31,165 31,403 31,885 -2.8

 Machinery.............................................. 41,557 41,897 42,032 -0.8 -0.3 -1.0 41,644 41,690 41,590 43,694 -4.7

 Farm machinery.................................. 2,165 2,181 2,184 -0.7 -0.1 0.0 2,087 2,106 2,150 2,008 3.9

 Construction machinery........................ 3,468 3,445 3,455 0.7 -0.3 -0.2 3,398 3,375 3,403 3,634 -6.5

 Mining, oil field, 

 and gas field machinery.................. 2,307 2,298 2,279 0.4 0.8 0.4 2,340 2,300 2,311 2,283 2.5

 Industrial machinery............................ 6,599 6,634 6,715 -0.5 -1.2 -1.4 6,645 6,610 6,700 7,399 -10.2

 Photographic equipment...................... 1,399 1,408 1,388 -0.6 1.4 -2.8 1,405 1,408 1,376 1,388 1.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,105 4,080 4,055 0.6 0.6 0.5 4,136 4,094 4,034 3,952 4.7

 Metalworking machinery....................... 4,258 4,487 4,569 -5.1 -1.8 1.0 4,407 4,591 4,535 4,956 -11.1

 Turbines, generators, and other

 power transmission equipment.......... 4,100 4,091 4,180 0.2 -2.1 -1.1 4,200 4,121 4,101 4,664 -9.9

 Material handling equipment............... 2,324 2,332 2,338 -0.3 -0.3 0.4 2,323 2,295 2,340 2,428 -4.3

 Computers and electronic products......... 47,278 47,496 47,791 -0.5 -0.6 -0.6 48,512 48,091 47,257 54,223 -10.5

 Computers......................................... 2,606 2,558 2,742 1.9 -6.7 6.9 2,759 2,503 2,665 2,649 4.2

 Computer storage devices................... 1,222 1,200 1,182 1.8 1.5 -0.6 1,312 1,231 1,132 1,365 -3.9

 Other peripheral equipment................ 2,313 2,330 2,365 -0.7 -1.5 -0.8 2,454 2,388 2,307 2,774 -11.5

 Nondefense communications

 equipment..................................... 9,593 9,881 10,075 -2.9 -1.9 -2.8 9,814 10,068 9,839 13,991 -29.9

 Defense communications equipment...... 1,297 1,283 1,284 1.1 -0.1 1.7 1,297 1,283 1,284 1,127 15.1

 Audio and video equipment.................. 977 989 956 -1.2 3.5 -3.0 1,035 1,024 933 1,184 -12.6

 Semiconductors1

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

 Electronic components.......................... 7,741 7,756 7,644 -0.2 1.5 -0.7 7,888 7,799 7,616 8,255 -4.4

 Nondefense search and navigation

 equipment...................................... 2,625 2,644 2,664 -0.7 -0.8 1.4 2,641 2,689 2,632 2,733 -3.4

 Defense search and navigation

 equipment...................................... 2,741 2,731 2,825 0.4 -3.3 -2.6 2,824 2,789 2,845 3,173 -11.0

 Electromedical, measuring 

 and control instruments.................... 10,224 10,179 10,152 0.4 0.3 -0.5 10,441 10,194 10,051 10,728 -2.7

 Electrical equipment, appliances, 

 and components................................... 12,345 12,400 12,526 -0.4 -1.0 -0.9 12,291 12,406 12,507 13,140 -6.5

 Electric lighting equipment................... 1,492 1,495 1,507 -0.2 -0.8 -0.7 1,508 1,518 1,517 1,573 -4.1

 Household appliances.......................... 2,026 2,064 2,043 -1.8 1.0 -0.1 1,977 2,074 2,064 2,080 -5.0

 Electrical equipment............................ 4,039 4,008 4,074 0.8 -1.6 -0.7 4,036 3,946 3,991 4,113 -1.9

 Batteries............................................ 549 552 547 -0.5 0.9 -2.8 580 578 566 678 -14.5

 Transportation equipment...................... 67,439 67,717 68,161 -0.4 -0.7 -0.7 68,523 68,237 67,338 67,693 1.2

 Automobiles....................................... 1,852 1,860 1,945 -0.4 -4.4 -1.5 1,900 1,975 1,873 1,934 -1.8

 Light trucks and utility vehicles............ 2,408 2,357 2,243 2.2 5.1 4.1 2,560 2,456 2,175 2,384 7.4

 Heavy duty trucks .............................. 747 736 721 1.5 2.1 -1.2 771 738 700 919 -16.1

 Motor vehicle bodies, parts, 

 and trailers..................................... 15,399 15,337 15,469 0.4 -0.9 -1.5 15,405 15,447 15,305 15,416 -0.1

 Nondefense aircraft and parts.............. 24,953 25,065 25,673 -0.4 -2.4 -2.6 25,245 25,048 25,211 26,305 -4.0

 Defense aircraft and parts..................... 10,575 10,875 10,811 -2.8 0.6 3.1 11,006 11,012 10,739 10,056 9.4

 Ships and boats.................................. 2,775 2,746 2,779 1.1 -1.2 5.0 2,780 2,770 2,788 2,407 15.5

 Furniture and related products................. 7,813 7,864 7,861 -0.6 0.0 0.1 7,887 8,036 8,001 7,858 0.4

 Miscellaneous durable goods.................... 18,960 18,851 18,702 0.6 0.8 0.1 19,269 18,983 18,701 18,714 3.0

 Nondurable goods industries................... 176,355 176,129 176,512 0.1 -0.2 0.5 177,093 176,414 175,193 171,434 3.3

 Food products........................................ 33,102 33,042 33,149 0.2 -0.3 0.0 33,124 32,401 31,930 32,487 2.0

 Grain and oilseed milling..................... 3,621 3,537 3,580 2.4 -1.2 0.1 3,454 3,359 3,373 3,344 3.3

 Dairy products.................................... 3,485 3,488 3,548 -0.1 -1.7 -1.5 3,542 3,606 3,668 3,562 -0.6

 Meat, poultry, and seafood products...... 6,001 5,998 5,959 0.1 0.7 -0.1 5,896 5,942 5,877 5,640 4.5

 Beverage and tobacco products............... 14,625 14,610 14,561 0.1 0.3 -0.2 14,170 14,043 14,139 14,104 0.5

 Beverages......................................... 9,784 9,751 9,669 0.3 0.8 -0.1 9,535 9,512 9,547 9,104 4.7

 Tobacco........................................... 4,841 4,859 4,892 -0.4 -0.7 -0.3 4,635 4,531 4,592 5,000 -7.3

 Textile mills........................................... 5,018 5,055 5,123 -0.7 -1.3 0.5 5,072 5,147 5,166 5,109 -0.7

 Textile products...................................... 4,995 4,984 4,994 0.2 -0.2 -0.4 5,038 5,043 5,087 4,969 1.4

 Apparel................................................. 7,361 7,407 7,329 -0.6 1.1 0.9 7,536 7,773 7,634 7,110 6.0

 Leather and allied products..................... 1,599 1,616 1,672 -1.1 -3.3 0.1 1,664 1,681 1,695 1,636 1.7

 Paper products....................................... 14,860 14,905 14,989 -0.3 -0.6 0.1 14,804 14,879 14,963 14,410 2.7

 Pulp, paper, and paperboard mills.......... 6,660 6,688 6,649 -0.4 0.6 0.4 6,637 6,674 6,661 6,514 1.9

 Paperboard containers........................ 4,179 4,227 4,284 -1.1 -1.3 -0.2 4,152 4,219 4,250 3,993 4.0

 Printing.................................................. 6,270 6,238 6,162 0.5 1.2 -1.9 6,664 6,499 6,163 6,701 -0.6

 Petroleum and coal products..................... 15,775 15,262 15,422 3.4 -1.0 2.7 16,039 15,580 15,732 15,167 5.7

 Petroleum refineries............................. 14,229 13,728 13,879 3.6 -1.1 3.3 14,440 13,982 14,098 13,653 5.8

 Basic chemicals...................................... 52,616 52,777 52,518 -0.3 0.5 0.8 52,976 53,076 52,156 51,389 3.1

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,140 2,358 2,416 -9.2 -2.4 -0.7 1,837 2,032 2,148 2,134 -13.9

 Pharmaceuticals and medicines............ 20,837 20,822 20,455 0.1 1.8 1.7 21,356 21,166 20,416 20,131 6.1

 Paints, coatings, and adhesives............. 2,747 2,739 2,743 0.3 -0.1 -1.2 2,753 2,786 2,783 2,717 1.3

 Plastics and rubber products..................... 20,134 20,233 20,593 -0.5 -1.7 0.7 20,006 20,292 20,528 18,352 9.0

p

 Preliminary r Revised NA Not available.

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

See note at end of Table 2 relating to survey error and revision.
 7 

Table 5. Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for 

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

Aug July June July - June - May - Aug July June Aug 2003 /

2003p 2003r 2003 Aug July June 2003p 2003r 2003 2002 2003p 2002 2002

SHIPMENTS

 All manufacturing industries .................. 331,254 337,248 328,643 -1.8 2.6 1.5 336,403 310,025 348,612 333,948 2,606,232 2,568,264 1.5

 Construction materials and supplies...... 34,685 35,524 34,432 -2.4 3.2 0.9 37,153 35,627 37,363 37,751 277,454 280,946 -1.2

 Information technology......................... 28,088 29,055 27,884 -3.3 4.2 5.6 26,212 25,166 32,339 24,882 208,732 205,667 1.5

 Computers and related products .......... 7,735 8,583 7,632 -9.9 12.5 9.1 6,954 7,366 9,281 6,219 55,941 51,061 9.6

 Motor vehicle and parts........................ 35,415 38,149 36,102 -7.2 5.7 2.7 36,552 26,258 38,294 41,611 289,466 302,068 -4.2

 Capital goods...................................... 64,201 66,381 64,324 -3.3 3.2 3.4 61,685 59,372 72,431 60,389 494,703 492,903 0.4

 Nondefense capital goods 3

.................. 56,321 58,133 56,869 -3.1 2.2 3.8 54,017 52,007 64,336 54,071 435,904 441,829 -1.3

 Excluding aircraft............................. 53,922 55,277 53,903 -2.5 2.5 2.8 51,908 49,813 60,649 51,659 416,333 415,771 0.1

 Defense capital goods 4

....................... 7,880 8,248 7,455 -4.5 10.6 0.2 7,668 7,365 8,095 6,318 58,799 51,074 15.1

 Consumer goods.................................. 127,557 130,412 125,404 -2.2 4.0 1.4 131,424 119,340 128,655 127,638 998,156 967,801 3.1

 Consumer durable goods..................... 32,300 34,350 32,472 -6.0 5.8 1.2 32,991 25,717 34,383 35,273 258,578 262,781 -1.6

 Consumer nondurable goods............... 95,257 96,062 92,932 -0.8 3.4 1.4 98,433 93,623 94,272 92,365 739,578 705,020 4.9

 All manufacturing industries 5................. 327,825 330,551 324,098 -0.8 2.0 1.9 329,349 302,764 339,178 327,796 2,566,262 2,517,715 1.9

 Construction materials and supplies...... 34,886 35,447 34,074 -1.6 4.0 0.0 37,088 36,027 36,817 37,138 277,456 282,079 -1.6

 Information technology......................... 29,458 29,509 28,705 -0.2 2.8 5.0 26,119 24,709 31,980 22,658 215,640 201,031 7.3

 Computers and related products .......... 8,019 8,171 7,896 -1.9 3.5 3.4 7,520 6,667 9,411 6,215 56,643 50,509 12.1

 Motor vehicle and parts........................ 35,350 38,303 36,095 -7.7 6.1 3.3 36,297 26,669 38,016 41,011 289,170 302,257 -4.3

 Capital goods...................................... 67,104 65,656 65,768 2.2 -0.2 3.8 61,518 56,435 70,536 60,885 503,303 473,798 6.2

 Nondefense capital goods 3.................. 56,870 58,188 57,351 -2.3 1.5 3.6 53,132 51,690 62,497 55,253 437,936 424,344 3.2

 Excluding aircraft............................. 54,433 55,017 54,728 -1.1 0.5 1.9 51,103 49,556 59,398 49,295 423,447 405,592 4.4

 Defense capital goods 4....................... 10,234 7,468 8,417 37.0 -11.3 4.9 8,386 4,745 8,039 5,632 65,367 49,454 32.2

 Consumer goods.................................. 127,288 130,210 125,334 -2.2 3.9 1.4 131,056 119,474 128,318 127,099 997,953 966,389 3.3

 Consumer durable goods..................... 32,031 34,148 32,402 -6.2 5.4 1.3 32,623 25,851 34,046 34,734 258,375 261,369 -1.1

 Consumer nondurable goods.............. 95,257 96,062 92,932 -0.8 3.4 1.4 98,433 93,623 94,272 92,365 739,578 705,020 4.9

 All manufacturing industries 5................. 488,945 485,959 487,360 0.6 -0.3 0.3 485,703 486,595 489,445 498,174 (X) (X) -2.5

 Construction materials and supplies...... 30,562 30,361 30,438 0.7 -0.3 -1.2 31,135 31,200 30,800 32,991 (X) (X) -5.6

 Information technology......................... 115,647 114,277 113,823 1.2 0.4 0.7 114,162 114,255 114,712 107,536 (X) (X) 6.2

 Computers and related products .......... 8,686 8,402 8,814 3.4 -4.7 3.1 8,826 8,260 8,959 6,623 (X) (X) 33.3

 Motor vehicle and parts........................ 12,003 12,068 11,914 -0.5 1.3 -0.1 11,837 12,092 11,681 12,275 (X) (X) -3.6

 Capital goods...................................... 351,005 348,102 348,827 0.8 -0.2 0.4 347,311 347,478 350,415 345,496 (X) (X) 0.5

 Nondefense capital goods 3..................217,066 216,517 216,462 0.3 0.0 0.2 215,434 216,319 216,636 221,246 (X) (X) -2.6

 Excluding aircraft............................. 136,242 135,731 135,991 0.4 -0.2 0.6 135,385 136,190 136,447 134,763 (X) (X) 0.5

 Defense capital goods 4....................... 133,939 131,585 132,365 1.8 -0.6 0.7 131,877 131,159 133,779 124,250 (X) (X) 6.1

 Consumer goods.................................. 11,694 11,963 12,165 -2.2 -1.7 -0.6 11,664 12,032 11,898 11,832 (X) (X) -1.4

 Consumer durable goods..................... 11,694 11,963 12,165 -2.2 -1.7 -0.6 11,664 12,032 11,898 11,832 (X) (X) -1.4 

 All manufacturing industries .................. 439,707 440,767 442,666 -0.2 -0.4 -0.3 442,960 442,188 439,285 446,323 (X) (X) -0.8

 Construction materials and supplies...... 46,621 46,928 47,241 -0.7 -0.7 -0.7 46,458 46,895 46,989 46,724 (X) (X) -0.6

 Information technology......................... 39,680 39,939 40,436 -0.6 -1.2 -0.8 40,630 40,330 39,873 46,270 (X) (X) -12.2

 Computers and related products .......... 6,141 6,088 6,289 0.9 -3.2 2.4 6,525 6,122 6,104 6,788 (X) (X) -3.9

 Motor vehicle and parts........................ 20,406 20,290 20,378 0.6 -0.4 -0.9 20,636 20,616 20,053 20,653 (X) (X) -0.1

 Capital goods...................................... 124,676 125,278 126,711 -0.5 -1.1 -0.5 126,518 125,636 125,412 134,688 (X) (X) -6.1

 Nondefense capital goods 3

..................106,175 106,594 107,844 -0.4 -1.2 -1.1 107,581 106,840 106,594 116,599 (X) (X) -7.7

 Excluding aircraft............................. 88,470 88,853 89,379 -0.4 -0.6 -0.6 89,663 89,167 88,533 96,778 (X) (X) -7.4

 Defense capital goods 4....................... 18,501 18,684 18,867 -1.0 -1.0 3.3 18,937 18,796 18,818 18,089 (X) (X) 4.7

 Consumer goods.................................. 135,396 134,971 134,710 0.3 0.2 0.5 136,351 135,218 133,529 132,930 (X) (X) 2.6

 Consumer durable goods..................... 27,240 27,340 27,264 -0.4 0.3 -0.4 27,609 27,696 27,093 27,844 (X) (X) -0.8

 Consumer nondurable goods............... 108,156 107,631 107,446 0.5 0.2 0.8 108,742 107,522 106,436 105,086 (X) (X) 3.5

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories. 2

 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 3

 Nondefense capital goods industries include: 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.

4 Defense capital goods industries include: small arms and ordnance; communications equipment; aircraft; missiles, space vehicles, and parts; ships and boats;

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 6

 Based on year-to-date for shipments and new orders, but on same month prior year for unfilled orders and inventories.

See note at end of Table 2 relating to survey error and revision.

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 8

Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group

 

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Aug July June July - June - May - Aug July June Aug Aug

2003p 2003r 2003 Aug July June 2003p 2003r 2003 2002 03/02

MATERIALS AND SUPPLIES

 All manufacturing industries ..................... 143,013 144,123 146,029 -0.8 -1.3 -1.1 143,494 144,541 144,733 151,542 -5.3

 Durable goods industries ........................ 84,063 85,203 86,243 -1.3 -1.2 -1.0 84,764 85,594 85,058 92,408 -8.3

 Wood products................................... 3,524 3,562 3,582 -1.1 -0.6 -0.5 3,502 3,425 3,312 3,618 -3.2

 Nonmetallic mineral products............... 3,347 3,446 3,394 -2.9 1.5 -1.1 3,385 3,455 3,372 3,425 -1.2

 Primary metals.................................... 5,833 5,925 6,113 -1.6 -3.1 -4.9 5,870 5,932 6,002 6,395 -8.2

 Fabricated metal products..................... 10,955 11,032 11,180 -0.7 -1.3 -1.5 11,016 11,093 11,135 11,560 -4.7

 Machinery.......................................... 12,522 12,982 13,069 -3.5 -0.7 -0.6 12,606 13,036 12,905 14,224 -11.4

 Computers and electronic products ...... 16,919 17,051 17,339 -0.8 -1.7 -2.1 17,231 17,126 17,284 20,398 -15.5

 Electrical equipment, appliances,

 and components.............................. 4,688 4,696 4,777 -0.2 -1.7 -1.0 4,675 4,696 4,735 5,029 -7.0

 Transportation equipment.................. 16,860 17,063 17,314 -1.2 -1.4 0.6 16,946 17,255 16,844 17,709 -4.3

 Furniture and related products............ 3,261 3,274 3,265 -0.4 0.3 -1.0 3,266 3,316 3,283 3,397 -3.9

 Miscellaneous products........................ 6,154 6,172 6,210 -0.3 -0.6 1.3 6,267 6,260 6,186 6,653 -5.8

 Nondurable goods industries.................... 58,950 58,920 59,786 0.1 -1.4 -1.2 58,730 58,947 59,675 59,134 -0.7

 Food products.................................... 10,249 10,279 10,449 -0.3 -1.6 -1.6 10,083 10,210 10,397 10,665 -5.5

 Beverage and tobacco products............ 5,498 5,424 5,507 1.4 -1.5 -0.5 5,352 5,236 5,379 5,631 -5.0

 Textiles.............................................. 1,380 1,394 1,441 -1.0 -3.3 -4.2 1,395 1,412 1,439 1,533 -9.0

 Textile products.................................. 1,708 1,710 1,732 -0.1 -1.3 -3.2 1,739 1,740 1,750 1,779 -2.2

 Apparel............................................. 1,727 1,715 1,724 0.7 -0.5 -1.7 1,693 1,714 1,744 1,757 -3.6

 Leather and allied products................... 436 432 439 0.9 -1.6 0.7 449 451 450 425 5.6

 Paper products................................... 6,835 6,897 7,007 -0.9 -1.6 0.4 6,785 6,845 6,931 6,695 1.3

 Printing ............................................. 2,768 2,777 2,780 -0.3 -0.1 -2.4 2,828 2,830 2,774 2,879 -1.8

 Petroleum and coal products............... 4,606 4,425 4,454 4.1 -0.7 -1.9 4,649 4,466 4,604 3,885 19.7

 Basic chemicals................................... 16,422 16,554 17,036 -0.8 -2.8 -0.4 16,431 16,610 17,030 16,845 -2.5

 Plastics and rubber products............... 7,321 7,313 7,217 0.1 1.3 -3.0 7,326 7,433 7,177 7,040 4.1

WORK IN PROCESS

 All manufacturing industries ..................... 127,764 127,885 127,409 -0.1 0.4 -0.8 129,140 128,246 126,085 128,564 0.4

 Durable goods industries ........................ 96,323 96,383 96,243 -0.1 0.1 -1.6 97,588 96,736 95,521 97,485 0.1

 Wood products................................... 1,929 1,958 1,971 -1.5 -0.7 -1.8 1,929 1,956 1,973 2,126 -9.3

 Nonmetallic mineral products............... 1,193 1,208 1,219 -1.2 -0.9 0.3 1,196 1,222 1,228 1,210 -1.2

 Primary metals.................................... 6,045 6,057 6,066 -0.2 -0.1 -4.3 6,050 6,073 6,066 6,300 -4.0

 Fabricated metal products..................... 9,297 9,192 9,346 1.1 -1.6 -0.3 9,435 9,285 9,373 9,584 -1.6

 Machinery.......................................... 14,485 14,049 14,085 3.1 -0.3 -0.7 14,758 14,103 14,146 14,774 -0.1

 Computers and electronic products ...... 18,073 18,125 18,006 -0.3 0.7 -0.9 18,416 18,345 17,798 19,576 -5.9

 Electrical equipment, appliances,

 and components.............................. 2,880 2,894 2,902 -0.5 -0.3 -0.9 2,898 2,927 2,914 3,117 -7.0

 Transportation equipment.................. 37,364 37,772 37,916 -1.1 -0.4 -1.9 37,766 37,612 37,252 36,271 4.1

 Furniture and related products............ 1,534 1,585 1,560 -3.2 1.6 2.2 1,537 1,605 1,568 1,576 -2.5

 Miscellaneous products........................ 3,523 3,543 3,172 -0.6 11.7 -7.5 3,603 3,608 3,203 2,951 22.1

 Nondurable goods industries.................... 31,441 31,502 31,166 -0.2 1.1 1.9 31,552 31,510 30,564 31,079 1.5

 Food products.................................... 2,997 3,001 2,955 -0.1 1.6 0.0 2,716 2,776 2,694 2,351 15.5

 Beverage and tobacco products............ 4,512 4,530 4,424 -0.4 2.4 0.0 4,174 4,150 4,059 3,981 4.8

 Textiles.............................................. 1,289 1,293 1,296 -0.3 -0.2 -0.2 1,287 1,305 1,298 1,276 0.9

 Textile products.................................. 704 711 714 -1.0 -0.4 -0.7 708 717 717 762 -7.1

 Apparel............................................. 1,217 1,228 1,251 -0.9 -1.8 3.4 1,231 1,289 1,323 1,493 -17.5

 Leather and allied products................... 153 159 157 -3.8 1.3 -4.8 159 169 153 217 -26.7

 Paper products................................... 1,141 1,157 1,171 -1.4 -1.2 -0.8 1,178 1,179 1,186 1,380 -14.6

 Printing ............................................. 1,772 1,745 1,714 1.5 1.8 -2.0 1,982 1,899 1,700 2,165 -8.5

 Petroleum and coal products............... 4,377 4,429 4,172 -1.2 6.2 9.2 4,494 4,535 4,193 4,467 0.6

 Basic chemicals................................... 10,878 10,760 10,723 1.1 0.3 1.6 11,239 11,018 10,693 10,668 5.4

 Plastics and rubber products............... 2,401 2,489 2,589 -3.5 -3.9 2.6 2,384 2,473 2,548 2,319 2.8

FINISHED GOODS

 All manufacturing industries ..................... 168,930 168,759 169,228 0.1 -0.3 0.7 170,326 169,401 168,467 166,217 2.5

 Durable goods industries ........................ 82,966 83,052 83,668 -0.1 -0.7 0.2 83,515 83,444 83,513 84,996 -1.7

 Wood products................................... 3,837 3,884 3,939 -1.2 -1.4 -1.3 3,714 3,869 3,997 3,928 -5.4

 Nonmetallic mineral products............... 5,237 5,251 5,275 -0.3 -0.5 0.8 5,163 5,276 5,357 4,712 9.6

 Primary metals.................................... 5,987 6,007 6,043 -0.3 -0.6 -2.0 5,926 5,958 5,988 5,968 -0.7

 Fabricated metal products..................... 10,776 10,891 10,953 -1.1 -0.6 0.1 10,555 10,787 10,895 10,741 -1.7

 Machinery.......................................... 14,550 14,866 14,878 -2.1 -0.1 -1.7 14,280 14,551 14,539 14,696 -2.8

 Computers and electronic products ...... 12,286 12,320 12,446 -0.3 -1.0 2.0 12,865 12,620 12,175 14,249 -9.7

 Electrical equipment, appliances,

 and components.............................. 4,777 4,810 4,847 -0.7 -0.8 -0.7 4,718 4,783 4,858 4,994 -5.5

 Transportation equipment.................. 13,215 12,882 12,931 2.6 -0.4 0.9 13,811 13,370 13,242 13,713 0.7

 Furniture and related products............ 3,018 3,005 3,036 0.4 -1.0 0.3 3,084 3,115 3,150 2,885 6.9

 Miscellaneous products........................ 9,283 9,136 9,320 1.6 -2.0 2.1 9,399 9,115 9,312 9,110 3.2

 Nondurable goods industries.................... 85,964 85,707 85,560 0.3 0.2 1.3 86,811 85,957 84,954 81,221 6.9

 Food products.................................... 19,856 19,762 19,745 0.5 0.1 0.8 20,325 19,415 18,839 19,471 4.4

 Beverage and tobacco products............ 4,615 4,656 4,630 -0.9 0.6 0.1 4,644 4,657 4,701 4,492 3.4

 Textiles.............................................. 2,349 2,368 2,386 -0.8 -0.8 4.0 2,390 2,430 2,429 2,300 3.9

 Textile products.................................. 2,583 2,563 2,548 0.8 0.6 1.8 2,591 2,586 2,620 2,428 6.7

 Apparel............................................. 4,417 4,464 4,354 -1.1 2.5 1.3 4,612 4,770 4,567 3,860 19.5

 Leather and allied products................... 1,010 1,025 1,076 -1.5 -4.7 0.6 1,056 1,061 1,092 994 6.2

 Paper products................................... 6,884 6,851 6,811 0.5 0.6 -0.1 6,841 6,855 6,846 6,335 8.0

 Printing ............................................. 1,730 1,716 1,668 0.8 2.9 -1.1 1,854 1,770 1,689 1,657 11.9

 Petroleum and coal products............... 6,792 6,408 6,796 6.0 -5.7 2.1 6,896 6,579 6,935 6,815 1.2

 Basic chemicals................................... 25,316 25,463 24,759 -0.6 2.8 1.3 25,306 25,448 24,433 23,876 6.0

 Plastics and rubber products............... 10,412 10,431 10,787 -0.2 -3.3 2.9 10,296 10,386 10,803 8,993 14.5

p

 Preliminary r Revised

See note at end of Table 2 relating to survey error and revisions.
 9

Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio 1

Industry Aug Jul Jun May Aug Jul Jun May

2003p 2003r 2003 2003 2003p 2003r 2003 2003

 All manufacturing industries 2

...... 1.33 1.31 1.35 1.37 (X) (X) (X) (X)

Durable goods industries 2................... 1.49 1.46 1.51 1.54 4.09 3.94 4.07 4.11

 Wood products................................ 1.20 1.23 1.27 1.32 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.34 1.35 1.37 1.38 (X) (X) (X) (X)

 Primary metals................................. 1.68 1.66 1.74 1.75 1.36 1.31 1.34 1.29

 Fabricated metal products............... 1.56 1.49 1.56 1.57 1.89 1.81 1.88 1.89

 Machinery....................................... 1.98 1.97 2.02 2.04 2.17 2.14 2.19 2.20

 Computers and electronic products 2

.. 1.34 1.35 1.37 1.45 5.01 4.83 5.07 5.27

 Electrical equipment, appliances,

 and components............................. 1.50 1.45 1.51 1.52 1.80 1.72 1.78 1.77

 Transportation equipment................. 1.36 1.27 1.34 1.39 7.81 7.39 7.60 7.80

 Furniture and related products........... 1.32 1.31 1.36 1.34 1.02 1.03 1.13 1.09

 Miscellaneous products.................... 1.74 1.72 1.76 1.78 (X) (X) (X) (X)

Nondurable goods industries.............. 1.14 1.13 1.16 1.17 (X) (X) (X) (X)

 Food products................................... 0.85 0.85 0.86 0.88 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.67 1.64 1.62 1.64 (X) (X) (X) (X)

 Textiles.......................................... 1.57 1.57 1.60 1.62 (X) (X) (X) (X)

 Textile products............................... 1.73 1.71 1.76 1.79 (X) (X) (X) (X)

 Apparel.......................................... 1.73 1.73 1.69 1.70 (X) (X) (X) (X)

 Leather and allied products............... 1.69 1.71 1.83 1.83 (X) (X) (X) (X)

 Paper products................................ 1.13 1.11 1.11 1.12 (X) (X) (X) (X)

 Printing.......................................... 0.81 0.80 0.77 0.78 (X) (X) (X) (X)

 Petroleum and coal products............ 0.75 0.77 0.80 0.80 (X) (X) (X) (X)

 Basic chemicals............................... 1.37 1.32 1.42 1.41 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.32 1.31 1.34 1.35 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable 1

 Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products;

medical equipment and supplies; office supplies; other miscellaneous manufacturing; cutlery and handtools;

farm and garden machinery; computer storage and peripheral devices; audio and video equipment; manufacturing

and reproducing magnetic and optical media; batteries; automobiles; light trucks and utility vehicles; heavy duty

trucks; and miscellaneous furniture.

2 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

Aug Aug Aug Aug

Industry Aug2 2002- Aug2 2002- Aug2 2002- Aug2 2002-

Aug1 1998- Jul Aug1 1998- Jul Aug1 1998- Jul Aug1 1998- Jul

2003 2002 2003 2003 2002 2003 2003 2002 2003 2003 2002 2003

 All manufacturing industries ......... (X) (NA) 0.2 (X) (NA) 0.2 (X) (NA) 0.1 (X) (NA) 0.1

Durable goods industries ...................... 0.0 (NA) 0.3 -0.2 (NA) 0.4 -0.1 (NA) 0.1 -0.1 (NA) 0.1

 Wood products................................... (X) (NA) 0.7 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

 Nonmetallic mineral products.............. (X) (NA) 0.5 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Primary metals.................................... 0.1 (NA) 0.5 -2.0 (NA) 0.8 -0.9 (NA) 0.4 0.0 (NA) 0.4

 Fabricated metal products................... -0.2 (NA) 0.4 -0.3 (NA) 0.9 -0.1 (NA) 0.4 -0.2 (NA) 0.3

 Machinery.......................................... -0.1 (NA) 0.4 -0.3 (NA) 0.9 -0.2 (NA) 0.4 0.0 (NA) 0.3

 Computers and electronic products ..... 0.8 (NA) 0.6 0.3 (NA) 1.1 -0.1 (NA) 0.2 -0.2 (NA) 0.2

 Electrical equipment, appliances,

 and components............................. -0.2 (NA) 0.4 -0.2 (NA) 0.7 0.1 (NA) 0.3 0.0 (NA) 0.1

 Transportation equipment................... -0.1 (NA) 0.5 -0.1 (NA) 1.1 0.0 (NA) 0.2 0.1 (NA) 0.2

 Furniture and related products............. (X) (NA) 0.7 (X) (NA) 1.5 (X) (NA) 1.1 (X) (NA) 0.1

 Miscellaneous products...................... (X) (NA) 0.6 (X) (NA) 0.9 (X) (NA) 1.2 (X) (NA) 0.3

Nondurable goods industries.................. (X) (NA) 0.3 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Food products................................... (X) (NA) 0.6 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Beverage and tobacco products............ (X) (NA) 0.5 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Textiles............................................. (X) (NA) 1.8 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

 Textile products.................................. (X) (NA) 0.7 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Apparel.............................................. (X) (NA) 1.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.5

 Leather and allied products.................. (X) (NA) 2.1 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 1.3

 Paper products.................................... (X) (NA) 1.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

 Printing.............................................. (X) (NA) 0.4 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.5

 Petroleum and coal products................ (X) (NA) 1.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.8

 Basic chemicals.................................. (X) (NA) 0.6 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Plastics and rubber products................ (X) (NA) 0.4 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

X Not Applicable NA Not Available

1

 The current month revisions are the difference between the advance percent change and the percent change as shown in this publication. 2

 Average revisions of the current month for the past five years.

See note at end of Table 2 relating to survey error and revision. In Table 8, the second column for each item represents the average revisions

of the current month for the past five years.

NOTE: The five year and the twelve month revisions are the differences between the month-to-month percent changes of the preliminary and

final estimates. The monthly averages are the simple averages of the absolute values of the differences for the months specified. The

advance to final percent change revisions for the durable goods industries are shown in the advance report for the month.

[Based on Seasonally Adjusted data]

Table 8. Revisions to Previously Published Monthly Percent Changes

Shipments New Orders Unfilled Orders Inventories
10

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-ofmonth 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 3,500 reporting units. 

Units may be divisions of diversified large

companies, large homogenous companies, or singleunit 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-to-month

changes of the total operations of those companies in

the monthly survey effectively represent the monthto-month 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 60 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 3,500 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 3,500 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-to-month

movement of all companies is another potential

source.

Additional survey documentation can be found on our

web site: http://www.census.gov/m3.