FOR IMMEDIATE RELEASE 

FRIDAY, JUNE 3, 2016, AT 10:00 A.M. EDT 

Adriana Stoica 

Economic Indicators Division 

(301) 763-4832 

M3-2 (16)-04 

CB 16-95 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

April 2016 

Summary 

 New orders for manufactured goods in April, up three 

of the last four months, increased $8.7 billion or 1.9 

percent to $460.5 billion, the U.S. Census Bureau 

reported today. This followed a 1.7 percent March 

increase. 

 Shipments, up two consecutive months, increased $2.2 

billion or 0.5 percent to $456.8 billion. This followed a 

0.3 percent March increase. 

 Unfilled orders, up three of the last four months, 

increased $6.6 billion or 0.6 percent to $1,137.3 billion. 

This followed a virtually unchanged March increase. 

The unfilled orders-to-shipments ratio was 6.94, up from 

6.93 in March. 

 Inventories, down eleven of the last twelve months, 

decreased $0.5 billion or 0.1 percent to $620.8 billion. 

This followed a 0.1 percent March decrease. The 

inventories-to-shipments ratio was 1.36, down from 1.37 

in March. 

New Orders 

 New orders for manufactured durable goods in April, 

up three of the last four months, increased $7.7 billion or 

3.4 percent to $236.2 billion, virtually unchanged from 

the previously published increase. This followed a 2.0 

percent March increase. 

 Transportation equipment, also up three of the last four 

months, led the increase, $6.9 billion or 8.7 percent to 

$86.9 billion. 

 New orders for manufactured nondurable goods 

increased $1.0 billion or 0.4 percent to $224.3 billion. 

Shipments 

 Shipments of manufactured durable goods in April, up 

following two consecutive monthly decreases, increased 

$1.3 billion or 0.5 percent to $232.5 billion, down from 

the previously published 0.6 percent increase. This 

followed a 0.7 percent March decrease. 

 Transportation equipment, also up following two 

consecutive monthly decreases, led the increase, $0.9 

billion or 1.1 percent to $80.8 billion. 

 

 

 

 Shipments of manufactured nondurable goods, up two 

consecutive months, increased $1.0 billion or 0.4 percent 

to $224.3 billion. This followed a 1.4 percent March 

increase. Petroleum and coal products, also up two 

consecutive months, led the increase, $0.7 billion or 2.1 

percent to $33.8 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in April, up three of the last four months, increased $6.6 

billion or 0.6 percent to $1,137.3 billion, virtually 

unchanged from the previously published increase. This 

followed a virtually unchanged March increase. 

 

 Transportation equipment, up two consecutive months, led the increase, $6.1 billion or 0.8 percent to $783.0 

billion. 

Inventories 

 Inventories of manufactured durable goods in April, 

down nine of the last ten months, decreased $0.6 billion 

or 0.1 percent to $384.5 billion, up from the previously 

published 0.2 percent decrease. This followed a 0.2 

percent March decrease. 

 

 Machinery, down eight of the last nine months, led the 

decrease, $0.5 billion or 0.8 percent to $66.1 billion. 

 Inventories of manufactured nondurable goods, up two 

consecutive months, increased less than $0.1 billion or 

virtually unchanged to $236.3 billion. This followed a 

0.1 percent March increase. Petroleum and coal 

products, up following nine consecutive monthly 

decreases, drove the increase, $0.3 billion or 1.3 percent 

to $24.8 billion. 

 By stage of fabrication, April materials and supplies 

decreased 0.2 percent in durable goods and in 

nondurable goods. Work in process decreased 0.3 

percent in durable goods and increased 2.0 percent in 

nondurable goods. Finished goods increased 0.2 percent 

in durable goods and decreased 0.7 percent in 

nondurable goods. 

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

data, call (301) 763-4673 or go to www.census.gov/m3. The Advance Report on durable goods for May is scheduled for release on June 24, 2016 at 8:30 a.m. 

EDT and the Full Report on July 5, 2016 at 10:00 a.m. EDT. See back page for survey description. To receive the latest updates on the Nation's key 

economic indicators, download the America's Economy app for Apple and Android smartphones and tablets. To learn more about this release and the 

other indicators the U.S. Census Bureau publishes, join us for the Investigating Economic Indicators Webinar Series. For more information, 

visit www.census.gov/econ/webinar. 

“Virtually unchanged” indicates that the change is less than 0.05 percent for a percent increase or decrease. 
 2 

Table 1. Value of Manufacturers' Shipments for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Apr. Mar. Feb. Mar. - Feb. - Jan. - Apr. Mar. Feb. Apr. 2016/

2016p 2016r 2016 Apr. Mar. Feb. 2016p 2016r 2016 2015 2016p 2015 2015

 All manufacturing industries.................. 456,785 454,540 453,120 0.5 0.3 -0.6 453,739 486,063 436,362 475,879 1,785,545 1,836,916 -2.8

 Excluding transportation................... 375,985 374,623 371,164 0.4 0.9 -0.5 375,058 394,581 355,539 395,651 1,465,481 1,526,743 -4.0

 Excluding defense.............................. 445,410 442,021 440,598 0.8 0.3 -0.7 443,420 471,488 424,421 465,036 1,739,156 1,793,183 -3.0

 With unfilled orders............................ 163,882 163,193 163,483 0.4 -0.2 -0.9 159,921 179,502 157,534 165,175 640,502 648,040 -1.2

 Durable goods industries......................... 232,476 231,225 232,924 0.5 -0.7 -0.8 229,034 253,239 225,222 235,512 912,019 913,520 -0.2

 Wood products....................................... 8,234 8,466 8,234 -2.7 2.8 1.8 8,717 8,443 7,574 8,230 31,495 29,604 6.4

 Nonmetallic mineral products.................... 9,890 9,927 9,954 -0.4 -0.3 1.1 9,903 9,917 8,798 9,634 36,906 35,050 5.3

 Primary metals....................................... 17,767 17,674 17,644 0.5 0.2 -0.7 17,982 18,839 17,621 20,274 71,444 81,844 -12.7

 Iron and steel mills............................ 8,009 7,876 7,943 1.7 -0.8 -1.3 8,049 8,244 7,877 9,483 31,932 38,629 -17.3

 Aluminum and nonferrous metals.......... 8,247 8,292 8,166 -0.5 1.5 -0.1 8,403 8,973 8,229 9,123 33,451 36,710 -8.9

 Ferrous metal foundries....................... 1,511 1,506 1,535 0.3 -1.9 -0.7 1,530 1,622 1,515 1,668 6,061 6,505 -6.8

 Fabricated metal products....................... 29,969 29,512 29,559 1.5 -0.2 -0.7 30,061 30,794 28,664 30,230 116,679 116,495 0.2

 Machinery............................................. 30,440 30,630 30,580 -0.6 0.2 -1.3 30,772 34,160 30,043 33,092 121,675 128,194 -5.1

 Farm machinery................................. 1,757 1,743 1,724 0.8 1.1 -4.6 2,298 2,244 2,102 2,557 8,307 9,406 -11.7

 Construction machinery..................... 2,975 2,975 2,984 0.0 -0.3 4.6 3,061 3,302 2,914 3,941 11,636 15,273 -23.8

 Mining, oil field, and 

 gas field machinery.......................... 936 1,205 1,162 -22.3 3.7 -5.8 852 1,310 1,104 1,748 4,376 7,879 -44.5

 Industrial machinery.......................... 2,580 2,505 2,437 3.0 2.8 -2.4 2,347 2,810 2,237 2,160 9,445 8,331 13.4

 Photographic equipment...................... 443 450 432 -1.6 4.2 -1.8 383 518 378 381 1,634 1,570 4.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,435 3,536 3,570 -2.9 -1.0 0.2 3,341 3,774 3,017 3,531 12,935 12,812 1.0

 Metalworking machinery..................... 3,095 2,976 3,049 4.0 -2.4 -3.6 2,835 3,271 2,782 2,586 11,588 10,184 13.8

 Turbines, generators, and other

 power transmission equipment....... 3,805 3,962 3,962 -4.0 0.0 -0.4 3,898 4,106 4,037 4,478 15,744 18,155 -13.3

 Material handling equipment............... 3,021 2,882 2,958 4.8 -2.6 -4.0 2,912 3,128 2,911 2,556 11,636 9,559 21.7

 Computers and electronic products2

.......... 26,355 26,280 26,344 0.3 -0.2 -0.9 24,488 28,942 23,734 24,486 100,261 96,422 4.0

 Computers........................................ 621 596 584 4.2 2.1 -16.1 564 620 461 769 2,223 2,791 -20.4

 Computer storage devices..................... 623 522 575 19.3 -9.2 5.5 405 789 384 318 1,945 1,938 0.4

 Other peripheral equipment................ 666 660 752 0.9 -12.2 -5.1 535 857 573 667 2,465 3,044 -19.0

 Nondefense communications

 equipment.................................... 2,988 3,075 2,986 -2.8 3.0 1.3 2,641 3,588 2,625 2,774 11,178 11,363 -1.6

 Defense communications equipment.... 271 278 322 -2.5 -13.7 20.1 270 295 316 343 1,112 1,366 -18.6

 Audio and video equipment.................... 365 337 359 8.3 -6.1 -0.8 298 327 311 177 1,218 664 83.4

 Electronic components......................... 4,681 4,612 4,602 1.5 0.2 -0.5 4,473 4,837 4,170 4,145 17,550 15,031 16.8

 Nondefense search and navigation

 equipment...................................... 1,374 1,371 1,370 0.2 0.1 -2.0 1,160 1,648 1,344 1,067 5,299 4,647 14.0

 Defense search and navigation

 equipment..................................... 2,519 2,502 2,476 0.7 1.1 -1.4 2,234 2,716 2,424 2,337 9,371 9,331 0.4

 Electromedical, measuring,

 and control instruments................. 9,035 8,858 8,838 2.0 0.2 0.0 8,327 10,060 8,180 7,745 34,056 31,857 6.9

 Electrical equipment, appliances, 

 and components................................... 9,444 9,319 9,357 1.3 -0.4 -2.6 9,210 9,919 8,933 10,160 36,535 40,118 -8.9

 Electric lighting equipment..................... 1,071 1,061 1,048 0.9 1.2 -1.7 1,030 1,084 1,031 997 4,093 3,874 5.7

 Household appliances........................ 1,411 1,375 1,415 2.6 -2.8 -3.5 1,448 1,499 1,310 1,632 5,448 6,124 -11.0

 Electrical equipment............................ 2,912 2,940 2,944 -1.0 -0.1 -1.1 2,733 3,305 2,866 3,125 11,454 12,801 -10.5

 Batteries........................................... 805 801 813 0.5 -1.5 -1.3 754 788 732 811 2,987 3,171 -5.8

 Transportation equipment........................ 80,800 79,917 81,956 1.1 -2.5 -0.7 78,681 91,482 80,823 80,228 320,064 310,173 3.2

 Automobiles..................................... 10,088 9,989 10,548 1.0 -5.3 -2.1 9,640 11,107 10,805 11,248 40,908 41,919 -2.4

 Light trucks and utility vehicles.............. 15,698 14,964 15,953 4.9 -6.2 1.0 15,625 17,102 16,244 14,549 62,170 55,779 11.5

 Heavy duty trucks ............................. 2,408 2,358 2,381 2.1 -1.0 -2.4 2,420 2,576 2,263 2,794 9,339 10,439 -10.5

 Motor vehicle bodies, parts, 

 and trailers.................................... 27,893 27,067 27,437 3.1 -1.3 0.5 28,548 30,121 28,444 26,510 111,416 101,427 9.8

 Nondefense aircraft and parts................ 13,501 13,087 13,093 3.2 0.0 -7.4 11,873 16,038 11,323 13,399 49,836 52,970 -5.9

 Defense aircraft and parts.................. 3,539 4,638 4,437 -23.7 4.5 0.1 3,065 5,687 3,789 4,064 15,914 16,691 -4.7

 Ships and boats................................. 3,028 3,081 3,169 -1.7 -2.8 6.4 3,007 3,318 3,163 2,782 11,905 10,550 12.8

 Furniture and related products.................. 6,335 6,336 6,215 0.0 1.9 -0.4 6,244 6,477 6,178 5,928 24,715 23,042 7.3

 Miscellaneous durable goods................. 13,242 13,164 13,081 0.6 0.6 -1.6 12,976 14,266 12,854 13,250 52,245 52,578 -0.6

 Nondurable goods industries..................... 224,309 223,315 220,196 0.4 1.4 -0.4 224,705 232,824 211,140 240,367 873,526 923,396 -5.4

 Food products....................................... 64,236 64,236 64,101 0.0 0.2 -0.4 62,543 65,947 63,497 62,917 254,007 253,933 0.0

 Grain and oilseed milling....................... 8,034 8,031 8,053 0.0 -0.3 1.0 7,537 8,278 7,988 7,602 31,584 31,071 1.7

 Dairy products.................................. 9,095 9,217 9,182 -1.3 0.4 -0.4 8,848 9,386 8,653 8,972 35,752 36,033 -0.8

 Meat, poultry, and seafood products... 17,882 17,934 17,642 -0.3 1.7 -0.6 17,755 18,006 17,479 18,675 70,138 74,775 -6.2

 Beverage and tobacco products................ 12,318 12,242 11,878 0.6 3.1 -0.5 12,335 12,515 11,161 12,559 46,587 46,670 -0.2

 Beverages......................................... 9,191 9,216 9,078 -0.3 1.5 -2.5 9,208 9,489 8,361 9,095 35,002 34,111 2.6

 Tobacco............................................ 3,127 3,026 2,800 3.3 8.1 6.4 3,127 3,026 2,800 3,464 11,585 12,559 -7.8

 Textile mills........................................... 2,517 2,520 2,497 -0.1 0.9 -1.3 2,600 2,652 2,473 2,659 10,072 10,264 -1.9

 Textile products................................... 1,975 1,959 1,938 0.8 1.1 -2.2 2,064 2,047 1,973 2,092 7,882 8,170 -3.5

 Apparel................................................ 1,049 1,039 1,017 1.0 2.2 0.4 926 974 1,003 860 3,799 3,647 4.2

 Leather and allied products...................... 332 334 338 -0.6 -1.2 -3.4 343 353 345 428 1,361 1,655 -17.8

 Paper products...................................... 15,216 15,246 15,155 -0.2 0.6 -0.8 14,962 15,654 14,683 15,110 60,023 59,801 0.4

 Pulp, paper, and paperboard mills....... 6,719 6,776 6,764 -0.8 0.2 -1.6 6,610 6,953 6,533 6,823 26,851 27,169 -1.2

 Paperboard containers........................ 4,731 4,703 4,690 0.6 0.3 1.0 4,660 4,843 4,496 4,619 18,410 17,986 2.4

 Printing................................................. 7,116 7,168 7,180 -0.7 -0.2 -0.2 7,259 7,506 6,677 7,374 28,147 27,707 1.6

 Petroleum and coal products.................. 33,791 33,112 30,926 2.1 7.1 -1.0 34,299 32,658 26,929 49,760 121,320 179,766 -32.5

 Petroleum refineries.......................... 30,174 29,650 27,514 1.8 7.8 -1.6 30,724 29,237 23,962 46,236 108,935 167,544 -35.0

 Chemical products..................................... 66,551 66,387 66,205 0.2 0.3 -0.1 67,855 72,318 64,088 66,984 265,062 256,134 3.5

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,978 4,148 4,195 -4.1 -1.1 8.0 5,622 6,161 4,598 5,610 19,406 18,094 7.3

 Pharmaceuticals and medicines............. 21,778 21,697 21,819 0.4 -0.6 -1.4 21,115 22,882 20,547 18,374 85,385 70,384 21.3

 Paints, coatings, and adhesives.......... 3,701 3,650 3,583 1.4 1.9 0.3 4,031 3,990 3,378 3,751 14,484 13,326 8.7

 Plastics and rubber products.................. 19,208 19,072 18,961 0.7 0.6 0.3 19,519 20,200 18,311 19,624 75,266 75,649 -0.5

p

 Preliminary 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.

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

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

 

Year to date
 3

Table 2. Value of Manufacturers' New Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Apr. Mar. Feb. Mar. - Feb. - Jan. - Apr. Mar. Feb. Apr. 2016/

2016p 2016r 2016 Apr. Mar. Feb. 2016p 2016r 2016 2015 2016p 2015 2015

All manufacturing industries2........................ 460,508 451,814 444,277 1.9 1.7 -1.9 453,232 482,868 429,795 465,915 1,776,017 1,817,916 -2.3

 Excluding transportation2

...................... 373,601 371,838 368,332 0.5 1.0 -0.8 373,815 394,521 357,422 393,440 1,467,944 1,523,067 -3.6

 Excluding defense2

.............................. 445,759 436,750 434,649 2.1 0.5 -1.4 439,753 465,321 420,612 457,375 1,725,801 1,778,148 -2.9

 With unfilled orders2............................. 170,462 163,609 157,790 4.2 3.7 -4.5 162,664 179,224 153,625 159,007 643,572 642,303 0.2

 Durable goods industries2

......................... 236,199 228,499 224,081 3.4 2.0 -3.3 228,527 250,044 218,655 225,548 902,491 894,520 0.9

 Primary metals........................................ 18,143 18,162 17,829 -0.1 1.9 -1.3 18,468 19,269 18,226 20,646 74,240 82,684 -10.2

 Iron and steel mills.............................. 8,279 8,168 8,088 1.4 1.0 -3.5 8,484 8,549 8,378 9,979 34,374 39,762 -13.6

 Aluminum and nonferrous metals.......... 8,252 8,374 8,119 -1.5 3.1 0.0 8,372 8,995 8,202 9,011 33,340 36,424 -8.5

 Ferrous metal foundries....................... 1,612 1,620 1,622 -0.5 -0.1 4.0 1,612 1,725 1,646 1,656 6,526 6,498 0.4

 Fabricated metal products........................ 30,211 29,150 29,615 3.6 -1.6 -1.4 30,636 31,757 30,094 29,960 120,653 117,866 2.4

 Machinery............................................. 29,429 29,991 29,950 -1.9 0.1 -3.4 30,034 33,421 30,542 32,807 122,543 128,694 -4.8

 Construction machinery........................ 2,688 2,738 2,821 -1.8 -2.9 -2.1 2,726 2,895 2,938 3,640 11,310 14,137 -20.0

 Mining, oil field, and

 gas field machinery.......................... 134 966 977 -86.1 -1.1 -20.5 -141 1,040 1,156 1,538 3,176 7,243 -56.2

 Industrial machinery............................ 2,489 2,411 2,430 3.2 -0.8 5.1 2,489 2,731 2,213 2,326 9,726 8,661 12.3

 Photographic equipment....................... 373 418 425 -10.8 -1.6 4.7 367 487 408 587 1,625 1,925 -15.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 3,468 3,445 3,464 0.7 -0.5 -2.5 3,413 3,766 3,057 3,659 13,166 13,601 -3.2

 Metalworking machinery....................... 3,439 3,211 2,987 7.1 7.5 -3.1 3,353 3,326 2,871 2,682 12,368 10,564 17.1

 Turbines, generators, and other 

 power transmission equipment........... 3,874 3,921 3,936 -1.2 -0.4 -5.0 3,985 3,986 3,964 4,081 15,847 16,992 -6.7

 Material handling equipment.................. 2,892 2,641 3,049 9.5 -13.4 -3.4 2,820 3,050 3,168 2,628 11,947 10,328 15.7

 Computers and electronic products2

........... 24,281 23,703 23,624 2.4 0.3 -1.1 22,461 27,470 22,234 21,841 92,297 88,356 4.5

 Computers........................................ 614 593 584 3.5 1.5 -12.0 557 617 461 849 2,181 2,945 -25.9

 Nondefense communications

 equipment...................................... 3,222 3,136 3,275 2.7 -4.2 1.4 3,141 3,829 3,357 3,355 13,046 13,474 -3.2

 Defense communications equipment....... 278 305 295 -8.9 3.4 11.7 284 382 286 333 1,190 1,415 -15.9

 Electronic components......................... 4,668 4,697 4,531 -0.6 3.7 -2.0 4,524 4,799 4,298 4,277 17,824 15,515 14.9

 Nondefense search and navigation

 equipment...................................... 1,340 1,405 1,436 -4.6 -2.2 -2.4 1,404 1,651 1,434 1,532 5,725 5,796 -1.2

 Defense search and navigation

 equipment...................................... 3,030 2,737 2,653 10.7 3.2 -2.6 2,855 3,145 2,661 2,283 10,775 9,413 14.5

 Electromedical, measuring,

 and control instruments..................... 9,120 8,984 8,834 1.5 1.7 -0.2 8,127 10,786 8,181 7,702 34,682 33,025 5.0

 Electrical equipment, appliances, 

 and components................................... 9,512 9,467 9,544 0.5 -0.8 -3.3 9,271 10,110 9,381 10,225 37,887 40,703 -6.9

 Electric lighting equipment..................... 1,077 1,050 1,068 2.6 -1.7 -1.9 1,051 1,053 1,074 1,013 4,177 3,900 7.1

 Household appliances.......................... 1,422 1,368 1,373 3.9 -0.4 -8.0 1,485 1,529 1,182 1,732 5,442 6,260 -13.1

 Electrical equipment............................ 2,923 2,987 2,951 -2.1 1.2 0.7 2,776 3,326 2,936 3,196 11,711 13,230 -11.5

 Transportation equipment........................ 86,907 79,976 75,945 8.7 5.3 -6.7 79,417 88,347 72,373 72,475 308,073 294,849 4.5

 Motor vehicle bodies, parts, 

 and trailers..................................... 27,744 27,104 27,330 2.4 -0.8 2.1 27,960 29,881 28,521 26,062 110,298 101,457 8.7

 Nondefense aircraft and parts................ 16,899 10,226 10,432 65.3 -2.0 -26.7 10,650 10,399 6,064 8,712 37,272 42,308 -11.9

 Defense aircraft and parts.................... 5,764 6,193 3,797 -6.9 63.1 -22.4 5,165 6,740 2,959 3,705 19,074 13,604 40.2

 Ships and boats.................................. 3,123 3,614 1,340 -13.6 169.7 -33.7 2,920 3,834 1,846 1,477 10,601 9,618 10.2

 Furniture and related products................... 6,347 6,493 6,305 -2.2 3.0 -0.6 6,641 7,044 6,579 6,480 26,154 24,137 8.4

 Nondurable goods industries..................... 224,309 223,315 220,196 0.4 1.4 -0.4 224,705 232,824 211,140 240,367 873,526 923,396 -5.4

p

 Preliminary 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

 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. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.

Year to date
 4 

Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups1

[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 % Change

Industry Apr.

Apr. Mar. Feb. Mar. - Feb. - Jan. - Apr. Mar. Feb. Apr. 2016/

2016p 2016r 2016 Apr. Mar. Feb. 2016p 2016r 2016 2015 2015

All manufacturing industries2...................... 1,137,282 1,130,702 1,130,286 0.6 0.0 -0.5 1,142,770 1,140,027 1,140,305 1,161,832 -1.6

 Excluding transportation2...................... 354,250 353,777 353,420 0.1 0.1 0.1 359,903 357,896 355,039 361,063 -0.3

 Excluding defense2

............................. 961,324 958,118 960,247 0.3 -0.2 -0.3 965,726 966,143 969,393 982,669 -1.7

 Durable goods industries2........................ 1,137,282 1,130,702 1,130,286 0.6 0.0 -0.5 1,142,770 1,140,027 1,140,305 1,161,832 -1.6

 Primary metals........................................ 32,561 32,185 31,697 1.2 1.5 0.6 33,409 32,923 32,493 33,955 -1.6

 Iron and steel mills............................... 18,050 17,780 17,488 1.5 1.7 0.8 18,802 18,367 18,062 18,362 2.4

 Aluminum and nonferrous metals............. 10,683 10,678 10,596 0.0 0.8 -0.4 10,705 10,736 10,714 11,879 -9.9

 Ferrous metal foundries........................ 3,828 3,727 3,613 2.7 3.2 2.5 3,902 3,820 3,717 3,714 5.1

 Fabricated metal products......................... 74,031 73,789 74,151 0.3 -0.5 0.1 75,421 74,846 73,883 75,485 -0.1

 Machinery.............................................. 94,526 95,537 96,176 -1.1 -0.7 -0.7 95,824 96,562 97,301 104,217 -8.1

 Construction machinery......................... 4,850 5,137 5,374 -5.6 -4.4 -2.9 5,069 5,404 5,811 7,734 -34.5

 Mining, oil field, and

 gas field machinery.......................... 7,135 7,937 8,176 -10.1 -2.9 -2.2 6,970 7,963 8,233 10,992 -36.6

 Industrial machinery............................. 7,921 8,012 8,106 -1.1 -1.2 -0.1 8,198 8,056 8,135 9,376 -12.6

 Photographic equipment........................ 1,222 1,292 1,324 -5.4 -2.4 -0.5 1,266 1,282 1,313 1,501 -15.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 6,354 6,321 6,412 0.5 -1.4 -1.6 6,559 6,487 6,495 6,397 2.5

 Metalworking machinery........................ 7,231 6,887 6,652 5.0 3.5 -0.9 7,399 6,881 6,826 7,542 -1.9

 Turbines, generators, and other 

 power transmission equipment............ 25,739 25,670 25,711 0.3 -0.2 -0.1 25,795 25,708 25,828 26,465 -2.5

 Material handling equipment................... 11,646 11,775 12,016 -1.1 -2.0 0.8 11,944 12,036 12,114 10,645 12.2

 Computers and electronic products2............. 127,372 126,589 126,024 0.6 0.4 0.3 128,825 127,602 126,157 121,566 6.0

 Computers......................................... 2,405 2,412 2,415 -0.3 -0.1 0.0 2,405 2,412 2,415 2,434 -1.2

 Nondefense communications

 equipment...................................... 31,745 31,511 31,450 0.7 0.2 0.9 32,393 31,893 31,652 28,825 12.4

 Defense communications equipment........ 2,290 2,283 2,256 0.3 1.2 -1.2 2,315 2,301 2,214 2,338 -1.0

 Electronic components.......................... 12,130 12,143 12,058 -0.1 0.7 -0.6 12,228 12,177 12,215 11,881 2.9

 Nondefense search and navigation

 equipment....................................... 17,493 17,527 17,493 -0.2 0.2 0.4 17,551 17,307 17,304 15,961 10.0

 Defense search and navigation

 equipment....................................... 28,425 27,914 27,679 1.8 0.8 0.6 28,759 28,138 27,709 27,903 3.1

 Electromedical, measuring,

 and control instruments...................... 32,884 32,799 32,673 0.3 0.4 0.0 33,174 33,374 32,648 32,224 2.9

 Electrical equipment, appliances, 

 and components.................................... 17,424 17,356 17,208 0.4 0.9 1.1 17,655 17,594 17,403 17,337 1.8

 Electric lighting equipment..................... 1,340 1,334 1,345 0.4 -0.8 1.5 1,352 1,331 1,362 1,299 4.1

 Household appliances........................... 1,132 1,121 1,128 1.0 -0.6 -3.6 1,145 1,108 1,078 1,356 -15.6

 Electrical equipment............................. 8,063 8,052 8,005 0.1 0.6 0.1 8,120 8,077 8,056 7,846 3.5

 Transportation equipment......................... 783,032 776,925 776,866 0.8 0.0 -0.8 782,867 782,131 785,266 800,769 -2.2

 Motor vehicle bodies, parts, 

 and trailers...................................... 22,340 22,489 22,452 -0.7 0.2 -0.5 22,441 23,029 23,269 24,025 -6.6

 Nondefense aircraft and parts................ 598,873 595,475 598,336 0.6 -0.5 -0.4 598,072 599,295 604,934 605,237 -1.2

 Defense aircraft and parts..................... 71,386 69,161 67,606 3.2 2.3 -0.9 71,778 69,678 68,625 66,919 7.3

 Ships and boats.................................. 17,216 17,121 16,588 0.6 3.2 -9.9 17,286 17,373 16,857 27,458 -37.0

 Furniture and related products................... 8,100 8,088 7,931 0.1 2.0 1.1 8,533 8,136 7,569 8,265 3.2

p Preliminary 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

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

See note at end of Table 2 relating to survey error and revision.
 5

Table 4. Value of Manufacturers' Inventories for Industry Groups1

[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 % Change

Industry Apr.

Apr. Mar. Feb. Mar. - Feb. - Jan. - Apr. Mar. Feb. Apr. 2016/

2016p 2016r 2016 Apr. Mar. Feb. 2016p 2016r 2016 2015 2015

 All manufacturing industries...................... 620,782 621,311 621,755 -0.1 -0.1 -0.4 623,566 619,533 623,723 642,804 -3.0

 Excluding transportation........................ 495,466 496,146 496,238 -0.1 0.0 -0.4 497,819 494,701 497,376 517,583 -3.8

 Excluding defense............................. 595,063 595,868 595,905 -0.1 0.0 -0.3 597,792 594,178 597,995 617,242 -3.2

 With unfilled orders............................. 313,107 313,531 313,570 -0.1 0.0 -0.4 314,903 312,134 314,892 323,284 -2.6

 Durable goods industries........................ 384,494 385,062 385,682 -0.1 -0.2 -0.3 386,337 384,017 388,447 395,436 -2.3

 Wood products........................................ 11,039 11,000 11,142 0.4 -1.3 -1.1 11,016 11,246 11,571 11,383 -3.2

 Nonmetallic mineral products..................... 12,903 12,908 12,876 0.0 0.2 -0.6 13,206 13,210 13,166 13,260 -0.4

 Primary metals......................................... 31,567 31,870 32,015 -1.0 -0.5 -1.2 31,549 31,787 32,330 36,606 -13.8

 Iron and steel mills............................... 16,840 17,026 17,232 -1.1 -1.2 -1.9 16,700 16,954 17,452 21,028 -20.6

 Aluminum and nonferrous metals............ 12,635 12,701 12,675 -0.5 0.2 -0.4 12,709 12,649 12,718 13,463 -5.6

 Ferrous metal foundries........................ 2,092 2,143 2,108 -2.4 1.7 0.0 2,140 2,184 2,160 2,115 1.2

 Fabricated metal products......................... 48,499 48,722 48,785 -0.5 -0.1 -0.3 48,994 49,150 48,979 50,380 -2.8

 Machinery.............................................. 66,134 66,637 66,678 -0.8 -0.1 -0.6 66,545 66,205 67,121 69,034 -3.6

 Farm machinery.................................. 2,939 3,059 3,226 -3.9 -5.2 0.6 2,949 3,192 3,439 3,606 -18.2

 Construction machinery......................... 5,647 5,641 5,582 0.1 1.1 -3.8 5,710 5,682 5,614 6,347 -10.0

 Mining, oil field, 

 and gas field machinery.................... 7,291 7,422 7,662 -1.8 -3.1 -1.2 7,394 7,436 7,700 8,457 -12.6

 Industrial machinery............................. 6,300 6,364 6,321 -1.0 0.7 -1.0 6,274 6,443 6,388 6,304 -0.5

 Photographic equipment....................... 1,603 1,567 1,557 2.3 0.6 1.0 1,555 1,483 1,590 1,464 6.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,448 4,527 4,539 -1.7 -0.3 -0.8 4,676 4,636 4,618 5,018 -6.8

 Metalworking machinery........................ 5,755 5,703 5,714 0.9 -0.2 0.2 5,760 5,607 5,657 5,813 -0.9

 Turbines, generators, and other

 power transmission equipment............ 9,721 9,896 9,665 -1.8 2.4 -0.4 9,748 9,384 9,686 9,878 -1.3

 Material handling equipment.................. 4,583 4,551 4,502 0.7 1.1 1.1 4,547 4,475 4,382 4,207 8.1

 Computers and electronic products2

............ 42,870 42,741 42,484 0.3 0.6 0.3 43,071 42,125 42,819 43,425 -0.8

 Computers......................................... 1,555 1,579 1,521 -1.5 3.8 1.9 1,530 1,497 1,511 1,501 1.9

 Computer storage devices.................... 1,027 1,036 1,032 -0.9 0.4 -2.7 1,000 948 1,070 1,125 -11.1

 Other peripheral equipment................... 1,038 1,041 1,061 -0.3 -1.9 -2.0 1,058 989 1,085 1,311 -19.3

 Nondefense communications

 equipment...................................... 4,078 4,024 4,036 1.3 -0.3 -0.7 4,039 3,965 4,117 4,395 -8.1

 Defense communications equipment........ 598 602 621 -0.7 -3.1 -6.6 598 602 621 737 -18.9

 Audio and video equipment.................... 757 743 746 1.9 -0.4 1.5 698 650 708 621 12.4

 Electronic components.......................... 7,612 7,615 7,510 0.0 1.4 0.5 7,842 7,647 7,553 7,777 0.8

 Nondefense search and navigation

 equipment...................................... 3,055 3,047 3,052 0.3 -0.2 -0.6 3,076 3,016 3,050 3,063 0.4

 Defense search and navigation

 equipment....................................... 2,907 2,912 2,861 -0.2 1.8 -0.1 2,965 2,910 2,870 2,789 6.3

 Electromedical, measuring 

 and control instruments...................... 14,165 14,219 14,078 -0.4 1.0 -0.2 14,209 13,974 14,140 14,827 -4.2

 Electrical equipment, appliances, 

 and components.................................... 16,329 16,261 16,239 0.4 0.1 -0.7 16,521 16,162 16,316 17,051 -3.1

 Electric lighting equipment..................... 1,982 1,976 1,972 0.3 0.2 -1.6 2,012 1,952 1,955 1,954 3.0

 Household appliances........................... 2,245 2,248 2,261 -0.1 -0.6 -0.5 2,284 2,241 2,276 2,263 0.9

 Electrical equipment............................. 4,988 4,968 4,945 0.4 0.5 -0.3 5,069 4,915 5,022 5,200 -2.5

 Batteries............................................ 1,334 1,337 1,338 -0.2 -0.1 0.9 1,340 1,303 1,298 1,409 -4.9

 Transportation equipment......................... 125,316 125,165 125,517 0.1 -0.3 -0.2 125,747 124,832 126,347 125,221 0.4

 Automobiles....................................... 4,318 4,347 4,452 -0.7 -2.4 -1.3 4,288 4,382 4,602 5,082 -15.6

 Light trucks and utility vehicles.............. 4,148 4,341 4,353 -4.4 -0.3 -1.8 4,094 4,479 4,511 3,908 4.8

 Heavy duty trucks ............................... 2,142 2,251 2,179 -4.8 3.3 0.4 2,144 2,223 2,225 2,116 1.3

 Motor vehicle bodies, parts, 

 and trailers...................................... 23,277 23,545 23,688 -1.1 -0.6 0.2 23,374 23,725 23,938 24,203 -3.4

 Nondefense aircraft and parts................ 64,688 64,292 64,126 0.6 0.3 0.3 65,184 63,851 64,519 63,290 3.0

 Defense aircraft and parts..................... 11,451 11,118 11,827 3.0 -6.0 -1.0 11,516 11,093 11,838 12,370 -6.9

 Ships and boats.................................. 2,860 2,826 2,711 1.2 4.2 2.1 2,863 2,874 2,730 2,692 6.4

 Furniture and related products.................... 7,185 7,228 7,265 -0.6 -0.5 0.9 7,109 7,024 7,141 6,871 3.5

 Miscellaneous durable goods..................... 22,652 22,530 22,681 0.5 -0.7 -0.1 22,579 22,276 22,657 22,205 1.7

 Nondurable goods industries...................... 236,288 236,249 236,073 0.0 0.1 -0.4 237,229 235,516 235,276 247,368 -4.1

 Food products........................................ 53,610 53,634 53,164 0.0 0.9 0.2 52,296 52,221 52,629 51,606 1.3

 Grain and oilseed milling........................ 5,950 5,867 5,912 1.4 -0.8 2.4 5,807 5,721 6,030 5,589 3.9

 Dairy products.................................... 7,397 7,492 7,474 -1.3 0.2 -0.8 7,581 7,478 7,382 7,440 1.9

 Meat, poultry, and seafood products....... 9,002 9,069 9,064 -0.7 0.1 -0.2 8,889 9,027 9,039 9,761 -8.9

 Beverage and tobacco products................ 20,522 20,460 20,390 0.3 0.3 -0.4 20,617 20,568 20,567 20,391 1.1

 Beverages......................................... 16,705 16,609 16,512 0.6 0.6 -0.3 16,828 16,668 16,540 16,463 2.2

 Tobacco............................................ 3,817 3,851 3,878 -0.9 -0.7 -0.7 3,789 3,900 4,027 3,928 -3.5

 Textile mills............................................ 3,135 3,132 3,130 0.1 0.1 0.5 3,148 3,129 3,136 3,103 1.5

 Textile products...................................... 3,079 3,096 3,110 -0.5 -0.5 0.4 3,095 3,105 3,127 3,035 2.0

 Apparel................................................. 2,578 2,554 2,546 0.9 0.3 0.3 2,482 2,430 2,516 2,149 15.5

 Leather and allied products....................... 819 802 803 2.1 -0.1 -0.1 796 770 786 811 -1.8

 Paper products....................................... 16,405 16,394 16,429 0.1 -0.2 -0.2 16,456 16,471 16,593 16,464 0.0

 Pulp, paper, and paperboard mills........... 6,700 6,710 6,719 -0.1 -0.1 -0.3 6,748 6,781 6,852 6,742 0.1

 Paperboard containers......................... 5,232 5,214 5,235 0.3 -0.4 0.2 5,241 5,233 5,290 5,232 0.2

 Printing.................................................. 6,031 6,041 6,057 -0.2 -0.3 0.8 6,057 5,972 5,988 5,793 4.6

 Petroleum and coal products..................... 24,836 24,506 24,523 1.3 -0.1 -4.1 25,234 23,468 22,710 36,077 -30.1

 Petroleum refineries............................. 20,211 19,911 19,948 1.5 -0.2 -5.3 20,619 18,909 17,990 31,263 -34.0

 Chemical products..................................... 80,189 80,474 80,696 -0.4 -0.3 -0.2 81,450 81,728 81,630 81,956 -0.6

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,109 4,222 4,421 -2.7 -4.5 0.3 4,238 4,553 4,921 4,733 -10.5

 Pharmaceuticals and medicines.............. 32,096 32,161 31,968 -0.2 0.6 0.1 32,746 32,737 32,218 30,961 5.8

 Paints, coatings, and adhesives.............. 3,593 3,584 3,599 0.3 -0.4 0.1 3,770 3,728 3,717 3,833 -1.6

 Plastics and rubber products..................... 25,084 25,156 25,225 -0.3 -0.3 0.4 25,598 25,654 25,594 25,983 -1.5

p Preliminary 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 Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals. 

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

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

 Topical Series1, 2

[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

Industry % Change6

Apr. Mar. Feb. Mar. - Feb. - Jan. - Apr. Mar. Feb. Apr. 2016/

2016p 2016r 2016 Apr. Mar. Feb. 2016p 2016r 2016 2015 2016p 2015 2015

SHIPMENTS

 All manufacturing industries................... 456,785 454,540 453,120 0.5 0.3 -0.6 453,739 486,063 436,362 475,879 1,785,545 1,836,916 -2.8

 Construction materials and supplies....... 46,808 46,823 46,574 0.0 0.5 0.4 47,518 47,642 42,785 46,997 177,941 172,956 2.9

 Information technology......................... 22,505 22,118 22,161 1.7 -0.2 -1.2 20,393 24,949 20,278 20,521 84,300 83,846 0.5

 Computers and related products........... 1,910 1,778 1,911 7.4 -7.0 -6.0 1,504 2,266 1,418 1,754 6,633 7,773 -14.7

 Motor vehicle and parts......................... 56,087 54,378 56,319 3.1 -3.4 0.0 56,233 60,906 57,756 55,101 223,833 209,564 6.8

 Capital goods...................................... 81,231 81,188 81,168 0.1 0.0 -2.2 77,244 91,449 76,672 82,753 314,580 327,839 -4.0

 Nondefense capital goods3

.................. 71,634 71,191 71,126 0.6 0.1 -3.0 68,429 79,895 66,823 73,996 276,662 293,077 -5.6

 Excluding aircraft............................. 63,228 63,001 62,970 0.4 0.0 -1.6 61,166 69,768 60,112 64,719 246,623 258,099 -4.4

 Defense capital goods4........................ 9,597 9,997 10,042 -4.0 -0.4 3.4 8,815 11,554 9,849 8,757 37,918 34,762 9.1

 Consumer goods.................................. 183,322 181,536 180,385 1.0 0.6 -0.7 181,170 189,431 174,876 194,960 712,844 750,173 -5.0

 Consumer durable goods..................... 38,925 37,905 39,401 2.7 -3.8 -0.6 38,660 42,554 40,255 39,097 155,517 149,188 4.2

 Consumer nondurable goods................ 144,397 143,631 140,984 0.5 1.9 -0.8 142,510 146,877 134,621 155,863 557,327 600,985 -7.3

 All manufacturing industries5

................... 460,508 451,814 444,277 1.9 1.7 -1.9 453,232 482,868 429,795 465,915 1,776,017 1,817,916 -2.3

 Construction materials and supplies....... 46,959 46,869 46,698 0.2 0.4 0.2 47,940 48,424 43,415 47,287 180,341 174,754 3.2

 Information technology......................... 23,271 22,685 22,857 2.6 -0.8 -1.4 21,509 26,572 21,801 21,624 89,668 88,908 0.9

 Computers and related products........... 1,903 1,775 1,911 7.2 -7.1 -4.5 1,497 2,263 1,418 1,834 6,591 7,927 -16.9

 Motor vehicle and parts......................... 55,938 54,415 56,212 2.8 -3.2 0.8 55,645 60,666 57,833 54,653 222,715 209,594 6.3

 Capital goods...................................... 87,090 81,189 75,317 7.3 7.8 -10.5 80,938 91,035 71,540 77,742 315,133 321,658 -2.0

 Nondefense capital goods3

.................. 73,960 68,490 68,288 8.0 0.3 -7.9 68,686 75,788 64,159 71,508 271,730 288,900 -5.9

 Excluding aircraft............................. 62,716 63,109 62,924 -0.6 0.3 -2.1 61,573 71,317 62,578 65,484 253,715 263,701 -3.8

 Defense capital goods4........................ 13,130 12,699 7,029 3.4 80.7 -29.7 12,252 15,247 7,381 6,234 43,403 32,758 32.5

 Consumer goods.................................. 183,279 181,543 180,398 1.0 0.6 -0.8 181,147 189,504 175,007 195,173 713,200 750,495 -5.0

 Consumer durable goods..................... 38,882 37,912 39,414 2.6 -3.8 -0.7 38,637 42,627 40,386 39,310 155,873 149,510 4.3

 Consumer nondurable goods.............. 144,397 143,631 140,984 0.5 1.9 -0.8 142,510 146,877 134,621 155,863 557,327 600,985 -7.3

 All manufacturing industries5

................... 1,137,282 1,130,702 1,130,286 0.6 0.0 -0.5 1,142,770 1,140,027 1,140,305 1,161,832 (X) (X) -1.6

 Construction materials and supplies....... 46,193 46,042 45,996 0.3 0.1 0.3 46,707 46,285 45,503 45,906 (X) (X) 1.7

 Information technology......................... 123,353 122,587 122,020 0.6 0.5 0.6 124,901 123,785 122,162 118,022 (X) (X) 5.8

 Computers and related products........... 2,405 2,412 2,415 -0.3 -0.1 0.0 2,405 2,412 2,415 2,434 (X) (X) -1.2

 Motor vehicle and parts......................... 22,340 22,489 22,452 -0.7 0.2 -0.5 22,441 23,029 23,269 24,025 (X) (X) -6.6

 Capital goods...................................... 848,010 842,151 842,150 0.7 0.0 -0.7 851,429 847,735 848,149 876,429 (X) (X) -2.9

 Nondefense capital goods3

.................. 707,331 705,005 707,706 0.3 -0.4 -0.4 709,540 709,283 713,390 732,472 (X) (X) -3.1

 Excluding aircraft............................. 221,520 222,032 221,924 -0.2 0.0 0.0 224,778 224,371 222,822 231,381 (X) (X) -2.9

 Defense capital goods4

........................ 140,679 137,146 134,444 2.6 2.0 -2.2 141,889 138,452 134,759 143,957 (X) (X) -1.4

 Consumer goods.................................. 4,335 4,378 4,371 -1.0 0.2 0.3 4,548 4,571 4,498 4,650 (X) (X) -2.2

 Consumer durable goods..................... 4,335 4,378 4,371 -1.0 0.2 0.3 4,548 4,571 4,498 4,650 (X) (X) -2.2

 All manufacturing industries................... 620,782 621,311 621,755 -0.1 -0.1 -0.4 623,566 619,533 623,723 642,804 (X) (X) -3.0

 Construction materials and supplies....... 64,472 64,645 64,852 -0.3 -0.3 -0.6 65,501 65,680 65,889 67,571 (X) (X) -3.1

 Information technology......................... 36,749 36,688 36,477 0.2 0.6 -0.5 36,729 35,965 36,717 38,276 (X) (X) -4.0

 Computers and related products........... 3,620 3,656 3,614 -1.0 1.2 -0.6 3,588 3,434 3,666 3,937 (X) (X) -8.9

 Motor vehicle and parts......................... 33,885 34,484 34,672 -1.7 -0.5 -0.2 33,900 34,809 35,276 35,309 (X) (X) -4.0

 Capital goods...................................... 193,230 193,177 193,151 0.0 0.0 -0.4 193,999 191,277 193,554 196,813 (X) (X) -1.4

 Nondefense capital goods3

.................. 172,400 172,615 172,258 -0.1 0.2 -0.2 173,179 170,778 172,794 176,049 (X) (X) -1.6

 Excluding aircraft............................. 118,830 119,245 119,103 -0.3 0.1 -0.4 119,106 117,772 119,502 123,108 (X) (X) -3.3

 Defense capital goods4

........................ 20,830 20,562 20,893 1.3 -1.6 -2.0 20,820 20,499 20,760 20,764 (X) (X) 0.3

 Consumer goods.................................. 175,946 175,827 175,317 0.1 0.3 -0.6 175,331 173,715 173,767 182,605 (X) (X) -4.0

 Consumer durable goods..................... 29,359 29,551 29,746 -0.6 -0.7 -0.2 29,083 29,357 30,171 28,862 (X) (X) 0.8

 Consumer nondurable goods................ 146,587 146,276 145,571 0.2 0.5 -0.7 146,248 144,358 143,596 153,743 (X) (X) -4.9

X Not Applicable p Preliminary 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

 Topical series are regroupings of the separate industry categories.

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 
 7

Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group1 

[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 % Change

Industry Apr.

Apr. Mar. Feb. Mar. - Feb. - Jan. - Apr. Mar. Feb. Apr. 2016/

2016p 2016r 2016 Apr. Mar. Feb. 2016p 2016r 2016 2015 2015

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 206,849 207,325 206,717 -0.2 0.3 -0.3 206,787 206,974 207,676 213,825 -3.3

 Durable goods industries.......................... 128,483 128,802 128,728 -0.2 0.1 -0.6 128,151 128,370 129,469 132,684 -3.4

 Wood products................................... 4,573 4,501 4,520 1.6 -0.4 -0.3 4,334 4,452 4,667 4,557 -4.9

 Nonmetallic mineral products................. 5,259 5,249 5,226 0.2 0.4 -1.0 5,281 5,271 5,246 5,371 -1.7

 Primary metals.................................... 12,541 12,663 12,724 -1.0 -0.5 0.1 12,276 12,481 12,790 13,682 -10.3

 Fabricated metal products........................ 17,603 17,778 17,729 -1.0 0.3 -0.4 17,619 17,843 17,702 18,515 -4.8

 Machinery.......................................... 24,633 24,791 24,802 -0.6 0.0 -0.4 24,772 24,522 24,778 26,487 -6.5

 Computers and electronic products........ 17,295 17,084 16,975 1.2 0.6 1.0 17,377 17,033 17,066 17,158 1.3

 Electrical equipment, appliances,

 and components............................... 6,570 6,548 6,524 0.3 0.4 -0.9 6,602 6,496 6,571 7,154 -7.7

 Transportation equipment..................... 29,126 29,329 29,334 -0.7 0.0 -1.7 29,042 29,523 29,821 29,094 -0.2

 Furniture and related products............... 3,602 3,610 3,639 -0.2 -0.8 -1.1 3,588 3,560 3,610 3,512 2.2

 Miscellaneous products......................... 7,281 7,249 7,255 0.4 -0.1 -0.8 7,260 7,189 7,218 7,154 1.5

 Nondurable goods industries...................... 78,366 78,523 77,989 -0.2 0.7 0.0 78,636 78,604 78,207 81,141 -3.1

 Food products.................................... 18,161 18,348 17,982 -1.0 2.0 0.3 17,862 18,053 17,920 17,949 -0.5

 Beverage and tobacco products................. 4,958 4,967 4,947 -0.2 0.4 -0.5 5,061 5,099 5,118 5,084 -0.5

 Textiles.............................................. 1,163 1,165 1,174 -0.2 -0.8 -0.1 1,159 1,169 1,175 1,158 0.1

 Textile products................................... 1,066 1,073 1,073 -0.7 0.0 0.3 1,067 1,076 1,075 1,082 -1.4

 Apparel............................................. 718 715 720 0.4 -0.7 0.8 702 692 699 672 4.5

 Leather and allied products.................... 241 239 242 0.8 -1.2 1.3 236 232 238 239 -1.3

 Paper products.................................... 8,326 8,332 8,360 -0.1 -0.3 -0.3 8,333 8,420 8,473 8,373 -0.5

 Printing ............................................. 2,787 2,778 2,812 0.3 -1.2 -1.3 2,787 2,760 2,786 2,869 -2.9

 Petroleum and coal products................. 5,707 5,806 5,633 -1.7 3.1 -3.2 5,870 5,627 5,317 8,372 -29.9

 Chemical products................................ 25,272 25,121 25,063 0.6 0.2 1.2 25,517 25,372 25,355 24,924 2.4

 Plastics and rubber products.................. 9,967 9,979 9,983 -0.1 0.0 -0.7 10,042 10,104 10,051 10,419 -3.6

WORK IN PROCESS

 All manufacturing industries....................... 193,453 192,987 193,269 0.2 -0.1 -0.1 194,549 192,408 193,608 200,623 -3.0

 Durable goods industries.......................... 146,628 147,088 147,071 -0.3 0.0 -0.2 147,459 146,194 147,274 150,404 -2.0

 Wood products................................... 2,195 2,216 2,233 -0.9 -0.8 -0.9 2,228 2,260 2,275 2,122 5.0

 Nonmetallic mineral products................. 1,466 1,469 1,477 -0.2 -0.5 -0.1 1,514 1,529 1,539 1,480 2.3

 Primary metals.................................... 9,300 9,394 9,352 -1.0 0.4 -1.8 9,374 9,354 9,401 11,338 -17.3

 Fabricated metal products........................ 12,739 12,853 12,908 -0.9 -0.4 0.4 12,746 12,852 12,870 13,156 -3.1

 Machinery.......................................... 18,502 18,686 18,762 -1.0 -0.4 -2.0 18,465 18,477 18,898 18,814 -1.9

 Computers and electronic products........ 13,706 13,794 13,806 -0.6 -0.1 -1.1 13,896 13,641 13,852 14,548 -4.5

 Electrical equipment, appliances,

 and components............................... 3,504 3,464 3,455 1.2 0.3 -0.4 3,559 3,433 3,456 3,618 -1.6

 Transportation equipment..................... 80,279 80,282 80,076 0.0 0.3 0.4 80,747 79,771 79,983 80,618 0.2

 Furniture and related products............... 1,095 1,094 1,119 0.1 -2.2 5.4 1,091 1,079 1,110 1,031 5.8

 Miscellaneous products......................... 3,842 3,836 3,883 0.2 -1.2 0.8 3,839 3,798 3,890 3,679 4.3

 Nondurable goods industries...................... 46,825 45,899 46,198 2.0 -0.6 0.2 47,090 46,214 46,334 50,219 -6.2

 Food products.................................... 6,057 5,940 6,002 2.0 -1.0 0.7 5,672 5,746 6,150 5,381 5.4

 Beverage and tobacco products................. 7,626 7,572 7,522 0.7 0.7 0.8 7,543 7,626 7,691 7,371 2.3

 Textiles.............................................. 689 687 681 0.3 0.9 0.4 693 680 678 700 -1.0

 Textile products................................... 448 445 447 0.7 -0.4 1.1 457 447 452 432 5.8

 Apparel............................................. 326 326 332 0.0 -1.8 0.9 322 305 325 333 -3.3

 Leather and allied products.................... 104 99 99 5.1 0.0 -5.7 105 99 99 98 7.1

 Paper products.................................... 1,281 1,270 1,277 0.9 -0.5 0.0 1,280 1,276 1,288 1,279 0.1

 Printing ............................................. 1,613 1,640 1,628 -1.6 0.7 4.6 1,612 1,617 1,626 1,386 16.3

 Petroleum and coal products................. 7,603 7,312 7,484 4.0 -2.3 -3.9 7,913 7,207 7,044 11,929 -33.7

 Chemical products................................ 18,081 17,607 17,713 2.7 -0.6 0.9 18,424 18,142 17,921 18,278 0.8

 Plastics and rubber products.................. 2,997 3,001 3,013 -0.1 -0.4 2.3 3,069 3,069 3,060 3,032 1.2

FINISHED GOODS

 All manufacturing industries....................... 220,480 220,999 221,769 -0.2 -0.3 -0.7 222,230 220,151 222,439 228,356 -2.7

 Durable goods industries.......................... 109,383 109,172 109,883 0.2 -0.6 -0.3 110,727 109,453 111,704 112,348 -1.4

 Wood products................................... 4,271 4,283 4,389 -0.3 -2.4 -2.0 4,454 4,534 4,629 4,704 -5.3

 Nonmetallic mineral products................. 6,178 6,190 6,173 -0.2 0.3 -0.4 6,411 6,410 6,381 6,409 0.0

 Primary metals.................................... 9,726 9,813 9,939 -0.9 -1.3 -2.2 9,899 9,952 10,139 11,586 -14.6

 Fabricated metal products........................ 18,157 18,091 18,148 0.4 -0.3 -0.8 18,629 18,455 18,407 18,709 -0.4

 Machinery.......................................... 22,999 23,160 23,114 -0.7 0.2 0.5 23,308 23,206 23,445 23,733 -1.8

 Computers and electronic products........ 11,869 11,863 11,703 0.1 1.4 0.9 11,798 11,451 11,901 11,719 0.7

 Electrical equipment, appliances,

 and components............................... 6,255 6,249 6,260 0.1 -0.2 -0.5 6,360 6,233 6,289 6,279 1.3

 Transportation equipment..................... 15,911 15,554 16,107 2.3 -3.4 -0.4 15,958 15,538 16,543 15,509 2.9

 Furniture and related products............... 2,488 2,524 2,507 -1.4 0.7 2.0 2,430 2,385 2,421 2,328 4.4

 Miscellaneous products......................... 11,529 11,445 11,543 0.7 -0.8 0.1 11,480 11,289 11,549 11,372 0.9

 Nondurable goods industries...................... 111,097 111,827 111,886 -0.7 -0.1 -1.0 111,503 110,698 110,735 116,008 -3.9

 Food products.................................... 29,392 29,346 29,180 0.2 0.6 0.0 28,762 28,422 28,559 28,276 1.7

 Beverage and tobacco products................. 7,938 7,921 7,921 0.2 0.0 -1.4 8,013 7,843 7,758 7,936 1.0

 Textiles.............................................. 1,283 1,280 1,275 0.2 0.4 1.1 1,296 1,280 1,283 1,245 4.1

 Textile products................................... 1,565 1,578 1,590 -0.8 -0.8 0.3 1,571 1,582 1,600 1,521 3.3

 Apparel............................................. 1,534 1,513 1,494 1.4 1.3 -0.1 1,458 1,433 1,492 1,144 27.4

 Leather and allied products.................... 474 464 462 2.2 0.4 0.4 455 439 449 474 -4.0

 Paper products.................................... 6,798 6,792 6,792 0.1 0.0 -0.1 6,843 6,775 6,832 6,812 0.5

 Printing ............................................. 1,631 1,623 1,617 0.5 0.4 0.9 1,658 1,595 1,576 1,538 7.8

 Petroleum and coal products................. 11,526 11,388 11,406 1.2 -0.2 -4.8 11,451 10,634 10,349 15,776 -27.4

 Chemical products................................ 36,836 37,746 37,920 -2.4 -0.5 -1.6 37,509 38,214 38,354 38,754 -3.2

 Plastics and rubber products.................. 12,120 12,176 12,229 -0.5 -0.4 0.8 12,487 12,481 12,483 12,532 -0.4

p Preliminary 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.

See note at end of Table 2 relating to survey error and revisions.
 8

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

 to Shipments, by Industry Group 1

[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Apr Mar Feb Jan Apr Mar Feb Jan

2016p 2016r 2016 2016 2016p 2016r 2016 2016

All manufacturing industries3............................ 1.36 1.37 1.37 1.37 (X) (X) (X) (X)

Durable goods industries3.................................. 1.65 1.67 1.66 1.65 6.94 6.93 6.91 6.88

 Wood products.............................................. 1.34 1.30 1.35 1.39 (X) (X) (X) (X)

 Nonmetallic mineral products......................... 1.30 1.30 1.29 1.32 (X) (X) (X) (X)

 Primary metals.............................................. 1.78 1.80 1.81 1.82 1.83 1.82 1.80 1.77

 Fabricated metal products.............................. 1.62 1.65 1.65 1.64 2.54 2.57 2.58 2.56

 Machinery..................................................... 2.17 2.18 2.18 2.16 3.39 3.40 3.43 3.41

 Computers and electronic products3

................ 1.63 1.63 1.61 1.59 5.93 5.95 5.95 5.90

 Electrical equipment, appliances,

 and components........................................ 1.73 1.74 1.74 1.70 2.02 2.04 2.01 1.94

 Transportation equipment.............................. 1.55 1.57 1.53 1.52 14.88 14.77 14.64 14.62

 Furniture and related products........................ 1.13 1.14 1.17 1.15 1.52 1.51 1.51 1.48

 Miscellaneous products.................................. 1.71 1.71 1.73 1.71 (X) (X) (X) (X)

Nondurable goods industries............................. 1.05 1.06 1.07 1.07 (X) (X) (X) (X)

 Food products.............................................. 0.83 0.83 0.83 0.82 (X) (X) (X) (X)

 Beverage and tobacco products...................... 1.67 1.67 1.72 1.71 (X) (X) (X) (X)

 Textiles........................................................ 1.25 1.24 1.25 1.23 (X) (X) (X) (X)

 Textile products............................................ 1.56 1.58 1.60 1.56 (X) (X) (X) (X)

 Apparel......................................................... 2.46 2.46 2.50 2.51 (X) (X) (X) (X)

 Leather and allied products............................. 2.47 2.40 2.38 2.30 (X) (X) (X) (X)

 Paper products.............................................. 1.08 1.08 1.08 1.08 (X) (X) (X) (X)

 Printing......................................................... 0.85 0.84 0.84 0.84 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.73 0.74 0.79 0.82 (X) (X) (X) (X)

 Chemical products......................................... 1.20 1.21 1.22 1.22 (X) (X) (X) (X)

 Plastics and rubber products........................... 1.31 1.32 1.33 1.33 (X) (X) (X) (X)

X Not Applicable p

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

2

 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.

3 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

Apr

3 Apr3 Apr3 Apr3

Industry 2015- 2015- 2015- 2015-

Apr2 Mar Apr2 Mar Apr2 Mar Apr2 Mar

2016 2016 2016 2016 2016 2016 2016 2016

 

All manufacturing industries.................. (X) 0.1 (X) 0.3 (X) 0.1 (X) 0.2

Durable goods industries....................... -0.1 0.2 0.0 0.5 0.0 0.1 0.1 0.1

 Wood products................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

 Nonmetallic mineral products.............. (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

 Primary metals.................................... -0.1 0.5 -0.1 0.7 0.1 0.4 -0.2 0.4

 Fabricated metal products.................... 0.0 0.2 0.5 0.3 0.2 0.2 -0.1 0.2

 Machinery.......................................... -0.1 0.7 0.0 0.8 0.1 0.1 -0.1 0.2

 Computers and electronic products..... 0.4 0.3 0.5 0.6 0.0 0.1 0.0 0.3

 Electrical equipment, appliances,

 and components............................. -0.1 0.4 0.0 1.1 0.1 0.4 0.0 0.2

 Transportation equipment.................... -0.2 0.3 -0.2 0.9 0.0 0.1 0.2 0.2

 Furniture and related products............. (X) 0.4 (X) 0.5 (X) 0.4 (X) 0.4

 Miscellaneous products...................... (X) 0.5 (X) 0.5 (X) 0.3 (X) 0.3

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

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

 Beverage and tobacco products............ (X) 0.6 (X) (NA) (X) (NA) (X) 0.2

 Textiles............................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

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

 Apparel.............................................. (X) 0.9 (X) (NA) (X) (NA) (X) 0.5

 Leather and allied products.................... (X) 1.9 (X) (NA) (X) (NA) (X) 0.5

 Paper products.................................... (X) 0.3 (X) (NA) (X) (NA) (X) 0.1

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

 Petroleum and coal products................. (X) 0.9 (X) (NA) (X) (NA) (X) 1.2

 Chemical products................................ (X) 0.2 (X) (NA) (X) (NA) (X) 0.2

 Plastics and rubber products................. (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

X Not Applicable NA Not Available

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

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

 publication.

3

 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.

Table 8. Revisions to Previously Published Monthly Percent Changes 1

[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Shipments New Orders Unfilled Orders Inventories
9 

Survey Description 

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-inprocess, and finished goods). Data published from the M3 survey are based on a panel of approximately 

4,800 reporting units that represent approximately 3,000 companies and provide an indication of monthto-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-to-month changes of the total operations of the reporting units in the 

M3 panel effectively represent the month-to-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 61 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 54 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: http://www.census.gov/m3. 

Benchmark notice 

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

issued on May 18, 2016. These revisions result from: 

 benchmarking the 2008-2011 Annual Survey of Manufactures (ASM) shipments and inventories 

data to the revised 2012 Economic Census data on a 2007 North American Industry 

Classification System (NAICS) basis; 

 benchmarking the M3 shipments and inventories data to the 2014 ASM and revised 2013 ASM 

data, as well as the revised 2012 Economic Census data, on a 2012 NAICS basis, and ASM 

benchmarks for prior years on a 2007 NAICS basis; 

 incorporating the unfilled orders to shipments ratios obtained from the 2014/2013 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 Census or ASM shipments 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; 

 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 1997 through March 2016 and the data 

not seasonally adjusted for January 2001 through March 2016. An updated Press Release contains 

revised monthly tables for January 2016 through March 2016. Please call M3 staff on (301) 763-4832 

with any questions.