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FOR RELEASE AT 8:30 AM EDT, MONDAY, JUNE 26, 2017 

MONTHLY ADVANCE REPORT ON MANUFACTURERS’ SHIPMENTS, 

INVENTORIES AND ORDERS MAY 2017 

Release Number: CB 17-95 M3-1 (17)-05 

June 26, 2017 — The U.S. Census Bureau announces the May advance report on manufacturers’ shipments, 

inventories and orders: 

New Orders 

New orders for manufactured durable goods in May decreased $2.5 billion or 1.1 percent to $228.2 billion, 

the U.S. Census Bureau announced today. This decrease, down two consecutive months, followed a 0.9 

percent April decrease. Excluding transportation, new orders increased 0.1 percent. Excluding defense, 

new orders decreased 0.6 percent. Transportation equipment, also down two consecutive months, drove the 

decrease, $2.7 billion or 3.4 percent to $75.4 billion. 

Shipments 

Shipments of manufactured durable goods in May, up following two consecutive monthly decreases, 

increased $1.8 billion or 0.8 percent to $234.9 billion. This followed a 0.3 percent April decrease. 

Transportation equipment, up following four consecutive monthly decreases, led the increase, $1.5 billion or 

1.9 percent to $78.8 billion. 

Unfilled Orders 

Unfilled orders for manufactured durable goods in May, down following two consecutive monthly 

increases, decreased $2.3 billion or 0.2 percent to $1,120.1 billion. This followed a 0.2 percent April 

increase. Transportation equipment, also down following two consecutive monthly increases, drove the 

decrease, $3.4 billion or 0.4 percent to $762.8 billion. 

DURABLE GOODS – NEW ORDERS

MAY 2017 $228.2 billion             ‐1.1%°   

APRIL 2017  

(revised) $230.7 billion             ‐0.9%°

Next release: July 27, 2017

Data adjusted for seasonal variation but not for price changes. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders. 

°Statistical significance is not measurable for this survey. The Manufacturers' 

Shipments, Inventories, and Orders estimates are not based on a probability 

sample, so the sampling error of these estimates cannot be measured nor can the 

confidence intervals be computed.

Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17

% Change -4.8% 4.1% 0.6% -0.5% 6.1% -4.6% 0.3% 0.3% 1.4% 2.4% -0.9% -1.1%

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

DURABLE GOODS NEW ORDERS 2016-2017

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders
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Inventories 

Inventories of manufactured durable goods in May, up ten of the last eleven months, increased $0.7 billion 

or 0.2 percent to $395.4 billion. This followed a 0.2 percent April increase. Computers and electronic 

products, up nine of the last ten months, led the increase, $0.1 billion or 0.3 percent to $44.3 billion. 

Capital Goods 

Nondefense new orders for capital goods in May decreased $1.7 billion or 2.4 percent to $68.3 billion. 

Shipments increased $0.3 billion or 0.4 percent to $70.1 billion. Unfilled orders decreased $1.8 billion or 

0.3 percent to $695.0 billion. Inventories decreased less than $0.1 billion or virtually unchanged to $176.8 

billion. Defense new orders for capital goods in May decreased $0.8 billion or 8.2 percent to $9.2 billion. 

Shipments increased less than $0.1 billion or 0.3 percent to $10.2 billion. Unfilled orders decreased $1.1 

billion or 0.8 percent to $140.4 billion. Inventories increased less than $0.1 billion or 0.1 percent to $22.5 

billion. 

Revised April Data

Revised seasonally adjusted April figures for all manufacturing industries were: new orders, $468.7 billion 

(revised from $469.0 billion); shipments, $471.1 billion (revised from $470.8 billion); unfilled orders, 

$1,122.4 billion (revised from $1,123.0 billion) and total inventories, $650.0 billion (revised from $649.7 

billion). 

Revised and more detailed estimates, plus nondurable goods data, will be published on July 5, 2017, at 

10:00 a.m. EDT. The Advance Report on durable goods for June is scheduled for release on July 27, 2017 

at 8:30 a.m. EDT. View the full schedule in the Economic Briefing Room:<www.census.gov/economicindicators/>. The full text and tables of this release can be found at <www.census.gov/m3>. 

EXPLANATORY NOTES 

Figures in text are adjusted for seasonality, but not for inflation. Figures on new and unfilled orders exclude 

data for semiconductor manufacturing. 

“Virtually unchanged” indicates that the change is less than 0.05 percent for a percent increase or decrease. 

Description of the survey 

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

and Orders (M3) survey, which is a voluntary survey authorized by Title 13 of the United States Code. This 

survey provides statistics on a calendar-month basis for 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). Data published from the M3 survey are based on a panel of approximately 5,000 reporting 
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units that represent approximately 3,100 companies and provide an indication of month-to-month change for 

the Manufacturing Sector. These reporting units may be divisions of diversified large companies, large 

homogenous companies, or single-unit manufacturers in 92 industry categories, which are combined into 65 

publication levels due to the small monthly panel size. The survey methodology assumes that the month-tomonth changes of the total operations of the reporting units in the M3 panel effectively represent the monthto-month movements of all establishments that make up the category. The companies for which shipments 

data are currently reported or imputed in the M3 survey represent approximately 64 percent of the total 

value of shipments for manufacturing establishments in the 2012 Economic Census, and these companies 

include almost two-thirds of the manufacturing companies with $500 million or more in shipments in the 

2012 Economic Census. The companies for which shipments data are currently reported in the M3 survey 

represent approximately 57 percent of the total value of shipments for manufacturing establishments in the 

2012 Economic Census. Statistics based on the M3 panel differ from the results that would be obtained 

from a complete enumeration of all manufacturing companies. The M3 panel is not based on 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. 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: 

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

Benchmark notice 

Revised historical data from the Manufacturers’ Shipments, Inventories, and Orders (M3) Survey were 

issued on May 18, 2017. These revisions result from: 

 benchmarking the M3 shipments and inventories data to the 2015 Annual Survey of 

Manufactures (ASM) and revised 2014 ASM data on a 2012 NAICS basis; 

 incorporating the unfilled orders to shipments ratios obtained from the 2015/2014 

Manufacturers’ Unfilled Orders (M3UFO) Survey by applying these ratios to the respective 

ASM shipments data, as well as incorporating revised unfilled orders to shipments ratios for 

prior years by applying them to the respective ASM data; 

 adjusting the new orders data to be consistent with the benchmarked shipments and unfilled 

orders data; 

 correcting monthly data for late receipts, reclassifications of reported data, and revisions to 

previously reported data; 
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 updating the seasonally adjusted data based on the results of benchmarking and the recent 

annual review of the seasonal adjustment models. 

These revisions spanned the seasonally adjusted data for January 2002 through March 2017 and the data not 

seasonally adjusted for January 2007 through March 2017. An updated Press Release contains revised 

monthly tables for January 2017 through March 2017. Please call M3 staff on (301) 763-4832 with any 

questions. 

America’s Economy Mobile App

The America’s Economy app provides real-time updates for 19 key economic indicators released from the 

Census Bureau, Bureau of Labor Statistics, and Bureau of Economic Analysis. 

<www.census.gov/mobile/economy/> 

API 

The Census Bureau’s application programming interface (API) lets developers create custom apps to reach 

new users and makes key demographic, socio-economic and housing statistics more accessible than ever 

before.<www.census.gov/developers/> 

‐X‐ 
Table 1. Durable Goods Manufacturers' Shipments and New Orders 1

[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 Year to Date

Item Percent

May Apr Mar Apr - Mar - Feb - May Apr May Change

2017 2 2017 r 2017 May 2 Apr r Mar 2017 2 2017 r 2016 2017 2016 2017/2016

DURABLE GOODS

 Total: 

 Shipments................................ 234,851 233,036 233,738 0.8 -0.3 -0.1 241,412 225,070 227,509 1,149,589 1,121,353 2.5

 New Orders4

.............................. 228,180 230,679 232,817 -1.1 -0.9 2.4 230,520 221,398 219,265 1,129,528 1,098,434 2.8

 Excluding transportation:

 Shipments................................ 156,079 155,767 156,144 0.2 -0.2 0.1 160,326 151,889 150,334 763,670 733,869 4.1

 New Orders4

.............................. 152,772 152,588 153,304 0.1 -0.5 0.9 157,253 150,454 146,589 760,635 727,505 4.6

 Excluding defense:

 Shipments................................ 222,593 220,971 221,506 0.7 -0.2 0.0 229,652 214,141 216,777 1,091,500 1,067,549 2.2

 New Orders4

.............................. 216,883 218,102 220,122 -0.6 -0.9 1.1 221,708 209,661 212,036 1,074,350 1,044,373 2.9

 Manufacturing with unfilled orders:

 Shipments................................ 165,321 164,146 164,629 0.7 -0.3 0.2 170,074 157,283 159,809 806,016 777,343 3.7

 New Orders.............................. 163,034 166,007 168,079 -1.8 -1.2 3.5 162,735 157,718 154,716 807,534 773,798 4.4

 Primary metals:

 Shipments................................ 19,075 19,000 19,170 0.4 -0.9 1.1 20,102 18,912 17,903 96,304 87,751 9.7

 New Orders.............................. 19,283 19,218 19,366 0.3 -0.8 0.8 19,915 19,097 17,706 97,816 89,390 9.4

 Fabricated metal products:

 Shipments................................ 31,560 31,221 31,189 1.1 0.1 0.1 33,008 30,576 30,183 153,953 144,653 6.4

 New Orders.............................. 31,827 31,881 32,188 -0.2 -1.0 5.2 33,854 31,748 30,752 159,960 148,673 7.6

 Machinery:

 Shipments................................ 30,655 30,738 30,668 -0.3 0.2 0.7 31,901 30,727 29,996 152,300 150,658 1.1

 New Orders.............................. 30,977 30,783 30,936 0.6 -0.5 0.7 31,808 31,109 28,423 156,627 150,052 4.4

 Computers and electronic products4

:

 Shipments................................ 26,320 26,305 26,396 0.1 -0.3 -1.6 24,870 23,960 23,913 125,072 119,287 4.8

 New Orders.............................. 22,084 22,132 21,910 -0.2 1.0 -2.3 20,904 20,364 21,017 106,416 104,191 2.1

 Computers and related products:

 Shipments................................ 1,933 1,980 1,916 -2.4 3.3 -9.0 1,696 1,566 1,800 8,682 8,921 -2.7

 New Orders.............................. 1,932 1,996 1,919 -3.2 4.0 -11.4 1,695 1,582 1,804 8,765 8,897 -1.5

 Communications equipment:

 Shipments................................ 2,990 2,954 3,014 1.2 -2.0 1.9 2,855 2,537 2,751 13,659 13,152 3.9

 New Orders.............................. 3,027 3,123 3,015 -3.1 3.6 -7.5 2,586 3,004 2,834 15,171 14,680 3.3

 Electrical equipment, appliances, 

 and components: 

 Shipments................................ 10,059 10,054 10,151 0.0 -1.0 1.0 10,237 9,610 9,877 48,614 47,864 1.6

 New Orders.............................. 10,234 10,130 10,339 1.0 -2.0 1.1 10,357 9,517 9,874 50,291 49,625 1.3

 Transportation equipment: 

 Shipments................................ 78,772 77,269 77,594 1.9 -0.4 -0.3 81,086 73,181 77,175 385,919 387,484 -0.4

 New Orders.............................. 75,408 78,091 79,513 -3.4 -1.8 5.4 73,267 70,944 72,676 368,893 370,929 -0.5

 Motor vehicles and parts:

 Shipments................................ 54,257 53,587 53,305 1.3 0.5 -0.8 56,571 52,001 52,523 271,113 270,848 0.1

 New Orders.............................. 54,419 53,789 53,524 1.2 0.5 -1.1 56,746 51,873 52,714 272,252 269,898 0.9

 Nondefense aircraft and parts:

 Shipments................................ 11,879 11,319 11,599 4.9 -2.4 2.7 11,785 9,634 12,634 54,041 57,530 -6.1

 New Orders.............................. 9,807 11,108 12,653 -11.7 -12.2 15.4 6,993 6,472 11,984 39,370 44,234 -11.0

 Defense aircraft and parts:

 Shipments................................ 4,072 3,817 3,974 6.7 -4.0 -0.4 3,946 3,234 3,760 18,211 18,346 -0.7

 New Orders.............................. 3,719 5,371 4,995 -30.8 7.5 42.9 2,921 5,152 2,176 20,394 20,074 1.6

 All other durable goods: 

 Shipments................................ 38,410 38,449 38,570 -0.1 -0.3 -0.1 40,208 38,104 38,462 187,427 183,656 2.1

 New Orders.............................. 38,367 38,444 38,565 -0.2 -0.3 -0.6 40,415 38,619 38,817 189,525 185,574 2.1

 Capital goods3

:

 Shipments................................ 80,327 80,007 80,086 0.4 -0.1 0.1 80,699 75,212 78,066 386,628 381,512 1.3

 New Orders.............................. 77,495 80,001 81,594 -3.1 -2.0 4.7 73,173 74,060 73,228 379,173 376,375 0.7

 Nondefense capital goods:

 Shipments................................ 70,082 69,795 70,020 0.4 -0.3 0.7 70,812 65,796 69,188 337,714 337,410 0.1

 New Orders.............................. 68,318 70,008 71,771 -2.4 -2.5 1.9 66,057 64,740 67,162 334,899 329,766 1.6

 Excluding aircraft:

 Shipments........................... 62,501 62,649 62,616 -0.2 0.1 0.2 63,130 59,986 60,764 304,518 301,963 0.8

 New Orders.......................... 62,885 62,986 62,850 -0.2 0.2 0.0 62,901 61,152 59,115 313,898 306,853 2.3

 Defense capital goods:

 Shipments................................ 10,245 10,212 10,066 0.3 1.5 -3.9 9,887 9,416 8,878 48,914 44,102 10.9

 New Orders.............................. 9,177 9,993 9,823 -8.2 1.7 30.6 7,116 9,320 6,066 44,274 46,609 -5.0

r Revised data due to late receipts and concurrent seasonal adjustment. 

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 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. For further details on survey design, methodology, and data limitations, see 

http://www.census.gov/manufacturing/m3. 

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 equipment. 4

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

orders and unfilled orders exclude semiconductor industry data. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Advance Report, June 26, 2017. 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>. 
Table 2. Durable Goods Manufacturers' Unfilled Orders and Total Inventories 1

[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 Percent

Item Change

May Apr Mar Apr - Mar - Feb - May Apr May 2017/

2017 2 2017 r 2017 May 2 Apr r Mar 2017 2 2017 r 2016 2016

DURABLE GOODS

 Total: 

 Unfilled Orders4......................... 1,120,134 1,122,421 1,120,560 -0.2 0.2 0.3 1,124,260 1,131,599 1,140,392 -1.4

 Total Inventories....................... 395,433 394,782 393,902 0.2 0.2 0.3 398,959 397,145 392,497 1.6

 Excluding transportation:

 Unfilled Orders4

......................... 357,317 356,240 355,201 0.3 0.3 0.4 363,207 362,727 351,822 3.2

 Total Inventories....................... 265,906 265,246 264,498 0.2 0.3 0.5 268,530 266,755 259,838 3.3

 Excluding defense:

 Unfilled Orders4

........................... 943,474 944,800 943,451 -0.1 0.1 0.3 947,283 951,674 963,871 -1.7

 Total Inventories....................... 368,548 367,938 367,873 0.2 0.0 0.4 371,905 370,267 366,045 1.6

 Manufacturing with unfilled orders:

 Unfilled Orders......................... 1,120,134 1,122,421 1,120,560 -0.2 0.2 0.3 1,124,260 1,131,599 1,140,392 -1.4

 Total Inventories....................... 321,652 321,167 320,544 0.2 0.2 0.2 324,753 323,241 320,753 1.2

 Primary metals:

 Unfilled Orders......................... 30,049 29,841 29,623 0.7 0.7 0.7 30,454 30,641 29,218 4.2

 Total Inventories....................... 32,845 32,727 32,379 0.4 1.1 1.0 32,776 32,766 30,629 7.0

 Fabricated metal products:

 Unfilled Orders......................... 77,257 76,990 76,330 0.3 0.9 1.3 79,266 78,420 77,912 1.7

 Total Inventories....................... 48,546 48,423 48,182 0.3 0.5 0.0 48,966 48,884 48,061 1.9

 Machinery: 

 Unfilled Orders......................... 98,825 98,503 98,458 0.3 0.0 0.3 99,976 100,069 98,319 1.7

 Total Inventories....................... 67,514 67,438 67,340 0.1 0.1 0.9 68,504 67,783 66,100 3.6

 Computers and electronic products4

:

 Unfilled Orders......................... 117,722 117,574 117,529 0.1 0.0 -0.1 118,831 119,244 115,107 3.2

 Total Inventories....................... 44,332 44,198 44,107 0.3 0.2 0.2 45,078 44,482 44,208 2.0

 Computers and related products:

 Unfilled Orders......................... 1,772 1,773 1,757 -0.1 0.9 0.2 1,772 1,773 1,655 7.1

 Total Inventories....................... 4,343 4,393 4,437 -1.1 -1.0 0.9 4,467 4,369 4,160 7.4

 Communications equipment:

 Unfilled Orders......................... 26,964 26,927 26,758 0.1 0.6 0.0 27,285 27,554 25,013 9.1

 Total Inventories....................... 4,654 4,636 4,570 0.4 1.4 -0.3 4,715 4,611 4,677 0.8

 Electrical equipment, appliances, 

 and components: 

 Unfilled Orders......................... 22,941 22,766 22,690 0.8 0.3 0.8 23,314 23,194 20,603 13.2

 Total Inventories....................... 17,443 17,381 17,461 0.4 -0.5 1.3 17,782 17,614 17,339 2.6

 Transportation equipment: 

 Unfilled Orders......................... 762,817 766,181 765,359 -0.4 0.1 0.3 761,053 768,872 788,570 -3.5

 Total Inventories....................... 129,527 129,536 129,404 0.0 0.1 -0.2 130,429 130,390 132,659 -1.7

 Motor vehicles and parts:

 Unfilled Orders......................... 23,740 23,578 23,376 0.7 0.9 0.9 24,039 23,864 23,361 2.9

 Total Inventories....................... 34,476 34,202 33,922 0.8 0.8 0.1 34,398 34,188 34,210 0.5

 Nondefense Aircraft and parts:

 Unfilled Orders......................... 571,214 573,286 573,497 -0.4 0.0 0.2 569,108 573,900 596,997 -4.7

 Total Inventories....................... 66,488 66,749 67,714 -0.4 -1.4 0.1 67,517 67,693 70,676 -4.5

 Defense Aircraft and parts: 

 Unfilled Orders......................... 73,245 73,598 72,044 -0.5 2.2 1.4 73,583 74,608 68,812 6.9

 Total Inventories....................... 12,843 12,893 12,098 -0.4 6.6 -1.0 12,884 12,892 11,978 7.6

 All other durable goods: 

 Unfilled Orders......................... 10,523 10,566 10,571 -0.4 0.0 0.0 11,366 11,159 10,663 6.6

 Total Inventories....................... 55,226 55,079 55,029 0.3 0.1 0.3 55,424 55,226 53,501 3.6

 Capital goods3

:

 Unfilled Orders......................... 835,435 838,267 838,273 -0.3 0.0 0.2 836,722 844,248 855,135 -2.2

 Total Inventories....................... 199,264 199,239 199,648 0.0 -0.2 0.4 201,815 200,415 200,220 0.8

 Nondefense capital goods:

 Unfilled Orders......................... 694,988 696,752 696,539 -0.3 0.0 0.3 695,874 700,629 711,292 -2.2

 Total Inventories....................... 176,797 176,799 177,975 0.0 -0.7 0.5 179,220 177,940 178,887 0.2

 Excluding aircraft: 

 Unfilled Orders.................... 225,920 225,536 225,199 0.2 0.1 0.1 228,945 229,174 221,554 3.3

 Total Inventories................... 121,722 121,703 121,882 0.0 -0.1 0.7 123,249 121,949 119,814 2.9

 Defense capital goods:

 Unfilled Orders......................... 140,447 141,515 141,734 -0.8 -0.2 -0.2 140,848 143,619 143,843 -2.1

 Total Inventories....................... 22,467 22,440 21,673 0.1 3.5 -0.9 22,595 22,475 21,333 5.9

r Revised data due to late receipts and concurrent seasonal adjustment. 

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

 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. For further details on survey 

design, methodology, and data limitations, see http://www.census.gov/manufacturing/m3. 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 equipment. 4

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

Estimates and percent changes for new orders and unfilled orders exclude semiconductor industry data. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Advance Report, June 26, 2017. 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>.