FOR IMMEDIATE RELEASE 

TUESDAY, JULY 5, 2005, AT 10:00 A.M. EDT 

Chris Savage or Patrick Kent 

Manufacturing and Construction Division 

(301) 763-4832 

M3-2 (05)-05 

CB05-94 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

May 2005 

Summary

 New orders for manufactured goods in May increased 

$11.1 billion or 2.9 percent to $394.1 billion, the U.S. 

Census Bureau reported today. This was at the highest 

level since the series was first stated on a NAICS basis 

in 1992 and followed a 0.7 percent April increase. 

 Shipments, down following two consecutive monthly 

increases, decreased $0.1 billion to $390.8 billion. This 

followed a 0.7 percent April increase. 

 Unfilled orders, up following two consecutive monthly decreases, increased $10.5 billion or 1.9 percent to 

$563.7 billion. This was at the highest level since the 

series began and followed a 0.1 percent April decrease. 

The unfilled orders-to-shipments ratio was 3.94, up from 

3.85 in April. 

 Inventories, up seventeen of the last eighteen months, 

increased $0.1 billion to $484.6 billion. This was also at 

the highest level since the series began and followed a 

slight April decrease. The inventories-to-shipments ratio 

was unchanged at 1.24. 

New Orders 

 New orders for manufactured durable goods in May, 

up two consecutive months, increased $10.9 billion or 

5.5 percent to $210.7 billion, unchanged from the 

previously published 5.5 percent increase. This 

followed a 1.5 percent April increase. 

 Transportation equipment, up two consecutive months, had the largest increase, $11.3 billion or 21.2 percent to 

$64.7 billion, due to nondefense aircraft and parts, which increased $11.6 billion. 

 

 New orders for manufactured nondurable goods 

increased $0.2 billion or 0.1 percent to $183.4 billion. 

 

Shipments 

 Shipments of manufactured durable goods in May, 

down following two consecutive monthly increases, 

decreased $0.3 billion or 0.2 percent to $207.4 billion, 

unchanged from the previously published 0.2 percent 

decrease. This followed a 1.4 percent April increase. 

 Transportation equipment, down following two 

consecutive monthly increases, had the largest decrease, 

$0.6 billion or 1.0 percent to $53.8 billion. 

 

 Shipments of manufactured nondurable goods 

increased $0.2 billion or 0.1 percent to $183.4 billion, 

due to food products, which increased $0.7 billion or 1.8 

percent to $42.3 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

May, up following two consecutive monthly decreases, 

increased $10.5 billion or 1.9 percent to $563.7 billion, 

unchanged from the previously published 1.9 percent 

increase. This was at the highest level since the series 

began and followed a 0.1 percent April decrease. 

 

 Transportation equipment, up following two 

consecutive monthly decreases, had the largest increase, $10.9 billion or 4.2 percent to $269.3 billion. 

Inventories 

 Inventories of manufactured durable goods in May, up 

seventeen of the last eighteen months, increased $0.8 

billion or 0.3 percent to $292.5 billion, unchanged from 

the previously published 0.3 percent increase. This 

followed a slight April decrease. 

 Machinery, up eighteen consecutive months, had the 

largest increase, $0.3 billion or 0.7 percent to $48.1 

billion. 

 Inventories of manufactured nondurable goods, down 

two consecutive months, decreased $0.6 billion or 0.3 

percent to $192.1 billion. 

 By stage of fabrication, May materials and supplies 

increased 0.1 percent in durable goods and 0.5 percent in 

nondurable goods. Work in process increased 0.4 

percent in durable goods and decreased 1.9 percent in 

nondurable goods. Finished goods increased 0.3 percent 

in durable goods and decreased 0.4 percent in 

nondurable goods. 

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

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

The advance report on durable goods for June is scheduled for release on July 27, 2005, at 8:30 a.m. EDT and the full report on August 2, 2005, at 10:00 a.m. EDT. See back page for survey description. 
 2 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2005/

2005p 2005r 2005 May Apr. Mar. 2005p 2005r 2005 2004 2005p 2004 2004

 All manufacturing industries .................. 390,838 390,960 388,289 0.0 0.7 1.6 394,442 387,620 412,122 367,073 1,909,170 1,775,304 7.5

 Excluding transportation ................... 337,020 336,575 335,671 0.1 0.3 1.8 338,959 333,139 352,983 312,075 1,639,807 1,499,180 9.4

 Excluding defense .............................. 380,681 380,917 378,338 -0.1 0.7 1.6 384,653 378,021 401,310 357,347 1,861,544 1,727,513 7.8

 With unfilled orders ........................... 142,927 143,559 141,485 -0.4 1.5 0.7 143,009 141,674 154,750 132,250 700,801 646,745 8.4

 Durable goods industries ........................ 207,411 207,758 204,816 -0.2 1.4 0.3 207,990 205,002 224,252 194,617 1,016,430 956,439 6.3

 Wood products................................. ...... 9,163 9,293 9,383 -1.4 -1.0 -0.8 9,655 9,562 9,419 10,087 44,775 43,642 2.6

 Nonmetallic mineral products................... 8,451 8,328 8,267 1.5 0.7 2.0 8,806 8,497 8,353 7,586 39,941 35,828 11.5

 Primary metals............................ .......... 14,702 14,945 15,121 -1.6 -1.2 0.0 15,237 15,440 16,308 13,659 76,835 65,514 17.3

 Iron and steel mills............................ 6,745 6,939 7,104 -2.8 -2.3 -1.9 6,987 7,134 7,687 6,330 35,968 29,501 21.9

 Aluminum and nonferrous metals......... 6,248 6,274 6,342 -0.4 -1.1 1.8 6,479 6,503 6,831 5,771 32,144 28,513 12.7

 Ferrous metal foundries...................... 1,709 1,732 1,675 -1.3 3.4 1.1 1,771 1,803 1,790 1,558 8,723 7,500 16.3

 Fabricated metal products...................... 24,180 24,273 23,777 -0.4 2.1 1.3 24,669 24,074 24,697 22,910 117,728 108,787 8.2

 Machinery............................................. 26,280 26,375 25,746 -0.4 2.4 -2.3 26,939 27,704 28,896 24,141 132,043 117,903 12.0

 Farm machinery................................. 2,009 2,106 1,877 -4.6 12.2 -0.2 2,151 2,696 2,361 1,858 10,875 9,189 18.3

 Construction machinery..................... 2,862 2,781 2,730 2.9 1.9 0.3 3,187 3,115 3,221 2,520 14,561 11,661 24.9

 Mining, oil field, and 

 gas field machinery......................... 1,053 1,136 1,001 -7.3 13.5 3.1 1,001 1,133 1,090 818 5,055 3,984 26.9

 Industrial machinery.......................... 3,010 2,970 2,829 1.3 5.0 -9.4 2,783 2,975 3,135 2,859 14,898 15,547 -4.2

 Photographic equipment...................... 852 857 858 -0.6 -0.1 -1.0 829 805 894 884 3,984 4,251 -6.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,925 2,922 2,957 0.1 -1.2 -0.2 3,046 2,835 3,247 2,918 14,118 13,112 7.7

 Metalworking machinery..................... 2,376 2,401 2,549 -1.0 -5.8 -3.2 2,227 2,172 2,712 1,788 11,428 9,141 25.0

 Turbines, generators, and other

 power transmission equipment....... 3,357 3,432 3,355 -2.2 2.3 -3.0 3,532 3,520 3,648 3,177 17,253 15,227 13.3

 Material handling equipment............... 1,879 1,815 1,782 3.5 1.9 1.3 1,860 1,830 2,097 1,405 9,126 7,390 23.5

 Computers and electronic products ......... 42,199 41,837 42,034 0.9 -0.5 1.6 39,065 37,877 47,437 35,552 198,358 180,971 9.6

 Computers........................................ 7,271 7,694 6,918 -5.5 11.2 1.5 6,154 7,836 6,922 4,370 33,599 25,646 31.0

 Computer storage devices................... 1,741 1,598 1,686 8.9 -5.2 3.4 1,210 951 2,488 962 6,735 5,857 15.0

 Other peripheral equipment................ 1,614 1,575 1,651 2.5 -4.6 4.4 1,315 1,232 2,079 1,373 7,105 7,028 1.1

 Nondefense communications

 equipment.................................... 6,533 6,046 6,664 8.1 -9.3 3.4 6,508 5,281 8,157 6,278 31,085 30,337 2.5

 Defense communications equipment... 510 574 632 -11.1 -9.2 -10.6 536 551 695 537 2,912 2,533 15.0

 Audio and video equipment.................. 784 763 795 2.8 -4.0 5.4 662 605 795 577 3,495 2,941 18.8

 Semiconductors ................................. 7,246 7,209 7,118 0.5 1.3 -2.2 6,963 6,705 7,432 6,921 35,457 33,612 5.5

 Electronic components........................ 5,443 5,343 5,569 1.9 -4.1 5.1 5,249 4,841 5,985 4,379 25,745 21,208 21.4

 Nondefense search and navigation

 equipment..................................... 1,001 968 1,025 3.4 -5.6 6.9 1,009 883 1,118 936 4,751 4,348 9.3

 Defense search and navigation

 equipment..................................... 2,905 2,867 2,832 1.3 1.2 0.0 2,838 2,812 3,073 2,716 13,598 12,597 7.9

 Electromedical, measuring,

 and control instruments................. 6,631 6,642 6,629 -0.2 0.2 1.1 6,151 5,685 8,147 6,028 31,368 32,294 -2.9

 Electrical equipment, appliances, 

 and components................................... 9,362 9,262 9,076 1.1 2.0 -1.7 9,412 9,044 9,716 8,793 44,913 42,179 6.5

 Electric lighting equipment................... 1,093 1,108 1,082 -1.4 2.4 0.4 1,076 1,054 1,174 1,057 5,359 5,233 2.4

 Household appliances........................ 2,125 2,098 2,108 1.3 -0.5 -0.5 2,149 2,014 2,228 2,025 9,999 9,513 5.1

 Electrical equipment............................ 2,888 2,878 2,735 0.3 5.2 -3.4 2,912 2,772 3,068 2,641 13,889 12,591 10.3

 Batteries........................................... 516 493 493 4.7 0.0 -0.6 484 438 483 454 2,242 2,226 0.7

 Transportation equipment...................... 53,818 54,385 52,618 -1.0 3.4 0.3 55,483 54,481 59,139 54,998 269,363 276,124 -2.4

 Automobiles..................................... 7,204 7,135 7,010 1.0 1.8 -3.0 7,546 7,139 7,933 7,578 36,956 39,342 -6.1

 Light trucks and utility vehicles............ 10,597 10,644 10,216 -0.4 4.2 -3.3 11,113 10,623 11,858 11,179 53,979 60,184 -10.3

 Heavy duty trucks ............................. 1,463 1,420 1,377 3.0 3.1 -0.6 1,516 1,454 1,432 1,213 7,055 5,793 21.8

 Motor vehicle bodies, parts, 

 and trailers.................................... 18,025 17,958 17,428 0.4 3.0 -2.3 18,934 18,971 18,845 18,948 92,195 95,312 -3.3

 Nondefense aircraft and parts.............. 6,397 7,218 6,694 -11.4 7.8 20.6 6,324 6,601 8,240 6,342 30,910 27,893 10.8

 Defense aircraft and parts.................. 3,787 3,767 3,798 0.5 -0.8 4.5 3,403 3,513 4,079 3,523 17,348 18,362 -5.5

 Ships and boats................................. 2,616 2,713 2,602 -3.6 4.3 -4.3 2,889 2,894 2,792 2,704 13,941 11,835 17.8

 Furniture and related products................. 6,960 6,898 6,699 0.9 3.0 0.4 6,802 6,820 6,872 6,118 33,450 30,360 10.2

 Miscellaneous durable goods................. 12,296 12,162 12,095 1.1 0.6 1.0 11,922 11,503 13,415 10,773 59,024 55,131 7.1

 Nondurable goods industries................... 183,427 183,202 183,473 0.1 -0.1 3.0 186,452 182,618 187,870 172,456 892,740 818,865 9.0

 Food products....................................... 42,301 41,564 41,638 1.8 -0.2 -0.8 41,999 40,400 42,189 40,657 204,850 193,937 5.6

 Grain and oilseed milling..................... 2,918 2,923 2,924 -0.2 0.0 2.2 2,977 2,805 3,005 3,425 14,449 17,231 -16.1

 Dairy products.................................. 6,388 6,430 6,458 -0.7 -0.4 -2.7 6,644 6,345 6,691 7,016 32,107 31,014 3.5

 Meat, poultry, and seafood products... 13,557 13,384 13,429 1.3 -0.3 1.3 13,651 13,231 13,053 12,489 65,624 56,189 16.8

 Beverage and tobacco products............... 9,564 9,225 9,052 3.7 1.9 1.3 10,194 9,308 9,007 9,519 44,965 43,661 3.0

 Beverages......................................... 6,160 6,199 5,980 -0.6 3.7 -2.1 6,790 6,282 5,935 6,567 29,704 28,850 3.0

 Tobacco............................................ 3,404 3,026 3,072 12.5 -1.5 8.8 3,404 3,026 3,072 2,952 15,261 14,811 3.0

 Textile mills........................................... 3,400 3,456 3,412 -1.6 1.3 -2.5 3,408 3,468 3,529 3,545 17,063 17,119 -0.3

 Textile products................................... 3,242 3,256 3,221 -0.4 1.1 -1.6 3,246 3,312 3,316 3,146 15,956 15,577 2.4

 Apparel................................................ 4,384 4,290 4,225 2.2 1.5 -3.8 4,048 3,905 4,269 4,383 20,609 22,496 -8.4

 Leather and allied products..................... 963 919 917 4.8 0.2 -0.8 893 842 901 814 4,423 4,165 6.2

 Paper products...................................... 15,284 15,198 15,164 0.6 0.2 1.5 15,256 14,868 15,497 14,038 74,713 69,172 8.0

 Pulp, paper, and paperboard mills....... 6,159 6,142 6,284 0.3 -2.3 1.2 6,087 5,998 6,487 5,862 30,744 29,065 5.8

 Paperboard containers........................ 3,888 3,891 3,967 -0.1 -1.9 0.0 3,914 3,864 4,008 3,773 19,372 18,351 5.6

 Printing................................................. 7,959 7,955 7,994 0.1 -0.5 0.7 7,618 7,691 8,224 7,606 38,331 38,048 0.7

 Petroleum and coal products.................. 33,764 34,534 36,407 -2.2 -5.1 18.1 35,688 35,094 34,719 29,491 161,663 126,807 27.5

 Petroleum refineries.......................... 31,265 32,166 34,111 -2.8 -5.7 19.8 32,992 32,799 32,553 27,190 150,792 117,493 28.3

 Chemical products.................................. 44,602 44,991 43,922 -0.9 2.4 0.4 45,326 45,367 47,530 42,073 221,140 205,036 7.9

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 2,059 1,996 1,854 3.2 7.7 -1.5 2,836 3,110 2,596 2,248 11,922 10,055 18.6

 Pharmaceuticals and medicines............ 9,380 9,582 9,340 -2.1 2.6 -0.5 9,243 9,082 9,767 9,634 45,818 47,255 -3.0

 Paints, coatings, and adhesives.......... 2,621 2,632 2,638 -0.4 -0.2 4.3 2,841 2,771 2,812 2,704 13,023 12,774 1.9

 Plastics and rubber products.................. 17,964 17,814 17,521 0.8 1.7 -0.6 18,776 18,363 18,689 17,184 89,027 82,847 7.5

p Preliminary r

 Revised NA Not available.

1

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

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

Year to date
 3

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2005/

2005p 2005r 2005 May Apr. Mar. 2005p 2005r 2005 2004 2005p 2004 2004

All manufacturing industries 2................... 394,134 383,001 380,304 2.9 0.7 0.7 395,814 380,778 405,524 361,888 1,897,398 1,770,947 7.1

 Excluding transportation 2

................... 329,445 329,621 330,816 -0.1 -0.4 1.7 331,132 328,590 348,636 308,886 1,621,308 1,492,754 8.6

 Excluding defense 2

............................. 385,278 375,015 371,390 2.7 1.0 0.5 389,345 373,396 393,133 355,079 1,854,602 1,718,874 7.9

 With unfilled orders 2

.......................... 153,469 142,809 140,618 7.5 1.6 -1.9 151,344 141,537 155,584 133,986 724,486 676,000 7.2

 Durable goods industries 2........................ 210,707 199,799 196,831 5.5 1.5 -1.5 209,362 198,160 217,654 189,432 1,004,658 952,082 5.5

 Primary metals............................ ............ 14,486 14,487 14,973 0.0 -3.2 0.5 14,892 14,725 16,340 14,093 76,331 68,801 10.9

 Iron and steel mills.............................. 6,368 6,328 6,890 0.6 -8.2 -3.0 6,577 6,337 7,633 6,650 34,714 31,285 11.0

 Aluminum and nonferrous metals......... 6,296 6,321 6,423 -0.4 -1.6 3.3 6,428 6,525 6,950 5,801 32,718 29,700 10.2

 Ferrous metal foundries...................... 1,822 1,838 1,660 -0.9 10.7 4.7 1,887 1,863 1,757 1,642 8,899 7,816 13.9

 Fabricated metal products...................... 24,472 24,555 24,122 -0.3 1.8 0.9 25,351 24,631 25,821 23,557 122,557 116,069 5.6

 Machinery............................................. 26,111 26,813 26,185 -2.6 2.4 -5.0 26,398 28,978 29,392 24,915 137,046 124,164 10.4

 Construction machinery....................... 3,056 2,855 2,688 7.0 6.2 -8.6 3,213 3,328 3,195 2,356 15,932 13,500 18.0

 Mining, oil field, and

 gas field machinery......................... 1,161 1,192 1,053 -2.6 13.2 -12.6 1,109 1,189 1,142 892 5,559 4,357 27.6

 Industrial machinery............................ 2,654 3,108 2,867 -14.6 8.4 -5.1 2,342 3,393 2,945 3,030 14,619 16,517 -11.5

 Photographic equipment...................... 843 869 896 -3.0 -3.0 6.2 809 836 961 867 4,084 4,381 -6.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,927 2,871 3,125 2.0 -8.1 5.3 3,080 2,931 3,498 3,232 14,595 13,986 4.4

 Metalworking machinery....................... 2,461 2,608 2,649 -5.6 -1.5 -2.7 2,347 2,500 2,735 1,902 12,567 9,781 28.5

 Turbines, generators, and other 

 power transmission equipment.......... 3,167 3,279 3,217 -3.4 1.9 -20.0 3,366 3,465 3,484 3,411 17,203 16,037 7.3

 Material handling equipment............... 1,941 1,971 1,819 -1.5 8.4 -8.0 1,803 2,002 2,216 1,408 10,435 7,469 39.7

 Computers and electronic products 2...... 34,282 34,613 36,781 -1.0 -5.9 4.7 30,926 31,995 41,750 29,787 168,872 155,060 8.9

 Computers........................................ 6,867 7,796 6,184 -11.9 26.1 -9.8 6,224 7,963 5,973 5,393 32,533 25,249 28.8

 Nondefense communications

 equipment...................................... 6,404 6,418 6,603 -0.2 -2.8 -8.2 6,134 6,599 8,159 5,903 34,992 32,585 7.4

 Defense communications equipment... 330 319 1,719 3.4 -81.4 405.6 356 296 1,782 430 2,968 2,501 18.7

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

 Electronic components........................ 5,404 5,370 5,513 0.6 -2.6 0.0 5,171 4,806 5,714 4,811 25,996 22,652 14.8

 Nondefense search and navigation

 equipment..................................... 1,015 956 1,036 6.2 -7.7 5.7 1,048 773 1,208 1,065 5,192 4,575 13.5

 Defense search and navigation

 equipment...................................... 2,836 2,510 3,227 13.0 -22.2 4.8 1,950 2,357 4,101 2,198 14,235 14,661 -2.9

 Electromedical, measuring,

 and control instruments.................... 6,767 6,750 7,852 0.3 -14.0 17.2 6,386 5,918 8,905 6,600 33,113 34,441 -3.9

 Electrical equipment, appliances, 

 and components................................... 9,313 9,275 8,945 0.4 3.7 -3.9 9,350 9,138 9,427 8,993 45,840 44,006 4.2

 Electric lighting equipment................... 998 1,113 1,109 -10.3 0.4 4.4 972 1,074 1,224 1,201 5,370 5,732 -6.3

 Household appliances.......................... 2,197 2,140 1,941 2.7 10.3 -6.5 2,267 2,029 1,918 2,064 10,164 9,623 5.6

 Electrical equipment............................ 2,841 2,856 2,733 -0.5 4.5 -8.4 2,869 2,874 3,032 2,663 14,492 13,244 9.4

 Transportation equipment........................ 64,689 53,380 49,488 21.2 7.9 -5.8 64,682 52,188 56,888 53,002 276,090 278,193 -0.8

 Motor vehicle bodies, parts, 

 and trailers..................................... 18,140 18,144 17,308 0.0 4.8 -3.2 18,806 18,913 18,544 19,028 92,123 96,490 -4.5

 Nondefense aircraft and parts.............. 18,694 7,058 5,710 164.9 23.6 -18.4 18,401 5,479 6,371 6,357 41,819 27,025 54.7

 Defense aircraft and parts................... 3,037 2,598 2,153 16.9 20.7 -21.3 2,142 2,552 3,369 2,248 13,702 15,442 -11.3

 Ships and boats.................................. 2,271 2,427 2,181 -6.4 11.3 1.1 2,171 2,384 2,333 2,120 11,723 11,846 -1.0

 Furniture and related products................. 6,941 6,665 6,889 4.1 -3.3 -0.2 6,877 6,715 7,146 6,309 33,895 31,264 8.4

 Nondurable goods industries.................. 183,427 183,202 183,473 0.1 -0.1 3.0 186,452 182,618 187,870 172,456 892,740 818,865 9.0

p

 Preliminary r Revised NA Not available.

1

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

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

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling

error, which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be

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

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

Year to date
 4 

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May May

2005p 2005r 2005 May Apr. Mar. 2005p 2005r 2005 2004 05/04

All manufacturing industries 1................... 563,732 553,190 553,940 1.9 -0.1 -0.2 570,529 562,194 562,331 531,671 7.3

 Excluding transportation 1................... 294,421 294,750 294,495 -0.1 0.1 0.8 300,003 300,867 298,711 278,321 7.8

 Excluding defense 1

............................. 405,746 393,903 392,596 3.0 0.3 0.0 410,515 398,860 396,780 369,432 11.1

 Durable goods industries 1

........................ 563,732 553,190 553,940 1.9 -0.1 -0.2 570,529 562,194 562,331 531,671 7.3

 Primary metals........................................ 17,990 18,206 18,664 -1.2 -2.5 -0.8 18,361 18,706 19,421 19,289 -4.8

 Iron and steel mills.............................. 8,979 9,356 9,967 -4.0 -6.1 -2.1 9,160 9,570 10,367 11,051 -17.1

 Aluminum and nonferrous metals......... 6,159 6,111 6,064 0.8 0.8 1.4 6,315 6,366 6,344 5,605 12.7

 Ferrous metal foundries...................... 2,852 2,739 2,633 4.1 4.0 -0.6 2,886 2,770 2,710 2,633 9.6

 Fabricated metal products...................... 47,932 47,640 47,358 0.6 0.6 0.7 49,447 48,765 48,208 45,303 9.1

 Machinery.............................................. 53,935 54,104 53,666 -0.3 0.8 0.8 55,404 55,945 54,671 49,143 12.7

 Construction machinery....................... 5,749 5,555 5,481 3.5 1.4 -0.8 6,256 6,230 6,017 4,545 37.6

 Mining, oil field, and

 gas field machinery......................... 2,006 1,898 1,842 5.7 3.0 2.9 2,006 1,898 1,842 1,435 39.8

 Industrial machinery............................ 8,571 8,927 8,789 -4.0 1.6 0.4 8,691 9,132 8,714 8,308 4.6

 Photographic equipment...................... 978 987 975 -0.9 1.2 4.1 1,007 1,027 996 957 5.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,860 4,858 4,909 0.0 -1.0 3.5 5,109 5,075 4,979 5,121 -0.2

 Metalworking machinery....................... 5,560 5,475 5,268 1.6 3.9 1.9 5,775 5,655 5,327 4,600 25.5

 Turbines, generators, and other 

 power transmission equipment.......... 9,870 10,060 10,213 -1.9 -1.5 -1.3 9,968 10,134 10,189 10,148 -1.8

 Material handling equipment............... 6,405 6,343 6,187 1.0 2.5 0.6 6,522 6,579 6,407 4,940 32.0

 Computers and electronic products 1...... 144,917 145,588 145,603 -0.5 0.0 1.3 146,857 148,033 147,210 136,857 7.3

 Computers......................................... 7,965 8,369 8,267 -4.8 1.2 -8.2 8,209 8,139 8,012 8,408 -2.4

 Nondefense communications

 equipment...................................... 46,142 46,271 45,899 -0.3 0.8 -0.1 47,420 47,794 46,476 48,628 -2.5

 Defense communications equipment... 10,535 10,715 10,970 -1.7 -2.3 11.0 10,535 10,715 10,970 3,357 213.8

 Semiconductors 1................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components.......................... 14,993 15,032 15,005 -0.3 0.2 -0.4 14,953 15,031 15,066 15,373 -2.7

 Nondefense search and navigation

 equipment..................................... 5,502 5,488 5,500 0.3 -0.2 0.2 5,578 5,539 5,649 4,808 16.0

 Defense search and navigation

 equipment...................................... 38,754 38,823 39,180 -0.2 -0.9 1.0 39,065 39,953 40,408 38,138 2.4

 Electromedical, measuring,

 and control instruments.................... 21,026 20,890 20,782 0.7 0.5 6.3 21,097 20,862 20,629 18,145 16.3

 Electrical equipment, appliances, 

 and components................................... 15,607 15,656 15,643 -0.3 0.1 -0.8 15,779 15,841 15,747 15,242 3.5

 Electric lighting equipment................... 1,692 1,787 1,782 -5.3 0.3 1.5 1,701 1,805 1,785 1,756 -3.1

 Household appliances.......................... 868 796 754 9.0 5.6 -18.1 877 759 744 877 0.0

 Electrical equipment............................ 9,264 9,311 9,333 -0.5 -0.2 0.0 9,398 9,441 9,339 8,926 5.3

 Transportation equipment........................ 269,311 258,440 259,445 4.2 -0.4 -1.2 270,526 261,327 263,620 253,350 6.8

 Motor vehicle bodies, parts, 

 and trailers..................................... 14,591 14,476 14,290 0.8 1.3 -0.8 14,593 14,721 14,779 14,798 -1.4

 Nondefense aircraft and parts.............. 128,476 116,179 116,339 10.6 -0.1 -0.8 128,047 115,970 117,092 104,203 22.9

 Defense aircraft and parts................... 48,331 49,081 50,250 -1.5 -2.3 -3.2 49,027 50,288 51,249 57,850 -15.3

 Ships and boats.................................. 18,670 19,015 19,301 -1.8 -1.5 -2.1 18,814 19,532 20,042 20,472 -8.1

 Furniture and related products................. 6,326 6,345 6,578 -0.3 -3.5 3.0 6,441 6,366 6,471 6,260 2.9

p

 Preliminary r Revised NA Not available.

1

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

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

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May May

2005p 2005r 2005 May Apr. Mar. 2005p 2005r 2005 2004 05/04

 All manufacturing industries..................... 484,560 484,426 484,556 0.0 0.0 0.7 488,023 487,314 483,571 453,817 7.5

 Excluding transportation...................... 412,621 412,662 412,351 0.0 0.1 0.6 415,573 415,195 411,721 385,221 7.9

 Excluding defense............................. 459,432 459,407 459,495 0.0 0.0 0.7 462,864 462,298 458,768 429,450 7.8

 With unfilled orders............................. 229,484 228,775 228,956 0.3 -0.1 0.7 231,264 229,964 228,062 211,737 9.2

 Durable goods industries........................ 292,508 291,727 291,755 0.3 0.0 0.6 295,214 293,634 291,168 272,027 8.5

 Wood products........................................ 10,672 10,666 10,692 0.1 -0.2 1.6 10,797 10,905 11,134 10,284 5.0

 Nonmetallic mineral products................... 9,902 9,879 9,847 0.2 0.3 0.1 10,114 10,077 10,075 9,431 7.2

 Primary metals........................................ 23,598 23,530 23,410 0.3 0.5 2.2 23,496 23,515 23,378 18,452 27.3

 Iron and steel mills.............................. 13,827 13,798 13,790 0.2 0.1 1.8 13,684 13,706 13,687 9,720 40.8

 Aluminum and nonferrous metals......... 7,616 7,584 7,493 0.4 1.2 2.4 7,589 7,570 7,487 6,939 9.4

 Ferrous metal foundries...................... 2,155 2,148 2,127 0.3 1.0 3.7 2,223 2,239 2,204 1,793 24.0

 Fabricated metal products......................... 37,208 37,220 37,111 0.0 0.3 1.2 37,478 37,574 37,386 32,739 14.5

 Machinery.............................................. 48,062 47,714 47,393 0.7 0.7 0.5 48,424 48,054 47,638 43,567 11.1

 Farm machinery.................................. 2,739 2,730 2,721 0.3 0.3 0.2 2,755 2,781 2,896 2,359 16.8

 Construction machinery........................ 4,573 4,517 4,439 1.2 1.8 1.0 4,576 4,566 4,534 3,870 18.2

 Mining, oil field, 

 and gas field machinery.................. 2,504 2,436 2,510 2.8 -2.9 2.4 2,561 2,454 2,499 2,429 5.4

 Industrial machinery............................ 7,140 7,119 7,167 0.3 -0.7 -1.3 7,313 7,103 7,166 7,088 3.2

 Photographic equipment...................... 1,498 1,481 1,439 1.1 2.9 -0.6 1,541 1,497 1,424 1,447 6.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,957 4,883 4,815 1.5 1.4 1.0 5,097 5,059 4,891 4,364 16.8

 Metalworking machinery....................... 4,565 4,510 4,477 1.2 0.7 1.2 4,620 4,504 4,438 4,394 5.1

 Turbines, generators, and other

 power transmission equipment.......... 5,338 5,359 5,275 -0.4 1.6 0.2 5,251 5,307 5,113 4,465 17.6

 Material handling equipment............... 2,948 2,924 2,885 0.8 1.4 2.3 2,965 2,966 2,911 2,338 26.8

 Computers and electronic products......... 48,923 48,663 49,111 0.5 -0.9 -0.8 49,527 48,670 47,910 48,411 2.3

 Computers......................................... 2,829 2,840 2,808 -0.4 1.1 1.2 2,841 2,652 2,709 2,428 17.0

 Computer storage devices................... 1,449 1,422 1,409 1.9 0.9 2.8 1,586 1,476 1,306 1,314 20.7

 Other peripheral equipment................ 2,424 2,433 2,436 -0.4 -0.1 -0.2 2,467 2,420 2,275 2,409 2.4

 Nondefense communications

 equipment...................................... 9,147 9,203 9,377 -0.6 -1.9 -3.2 9,307 9,194 9,110 9,630 -3.4

 Defense communications equipment...... 1,024 960 1,085 6.7 -11.5 -2.4 1,024 960 1,085 1,335 -23.3

 Audio and video equipment.................. 1,258 1,255 1,243 0.2 1.0 4.1 1,153 1,131 1,036 885 30.3

 Semiconductors1

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

 Electronic components.......................... 7,957 8,032 8,085 -0.9 -0.7 0.3 8,043 8,254 7,997 7,814 2.9

 Nondefense search and navigation

 equipment...................................... 2,548 2,537 2,652 0.4 -4.3 0.0 2,538 2,558 2,644 2,446 3.8

 Defense search and navigation

 equipment...................................... 2,874 2,818 2,735 2.0 3.0 -6.1 2,897 2,821 2,672 2,863 1.2

 Electromedical, measuring 

 and control instruments.................... 10,722 10,474 10,420 2.4 0.5 -0.1 10,818 10,461 10,278 10,254 5.5

 Electrical equipment, appliances, 

 and components................................... 13,361 13,406 13,318 -0.3 0.7 1.1 13,786 13,801 13,471 12,912 6.8

 Electric lighting equipment................... 1,497 1,508 1,511 -0.7 -0.2 -0.1 1,523 1,518 1,499 1,456 4.6

 Household appliances.......................... 2,478 2,462 2,391 0.6 3.0 1.2 2,666 2,629 2,430 2,361 12.9

 Electrical equipment............................ 4,641 4,668 4,666 -0.6 0.0 2.1 4,743 4,780 4,722 4,467 6.2

 Batteries............................................ 619 627 620 -1.3 1.1 1.5 650 640 618 637 2.0

 Transportation equipment...................... 71,939 71,764 72,205 0.2 -0.6 1.0 72,450 72,119 71,850 68,596 5.6

 Automobiles....................................... 2,188 2,078 2,043 5.3 1.7 -0.3 2,261 2,089 1,982 2,148 5.3

 Light trucks and utility vehicles............ 2,871 2,837 2,807 1.2 1.1 6.5 2,981 2,963 2,782 2,473 20.5

 Heavy duty trucks .............................. 946 979 959 -3.4 2.1 5.3 947 965 956 784 20.8

 Motor vehicle bodies, parts, 

 and trailers..................................... 16,840 16,945 16,924 -0.6 0.1 0.8 16,848 17,123 17,104 15,909 5.9

 Nondefense aircraft and parts.............. 23,995 23,747 24,379 1.0 -2.6 -0.2 24,282 23,757 24,146 23,721 2.4

 Defense aircraft and parts..................... 12,878 12,733 12,730 1.1 0.0 3.4 12,803 12,655 12,576 11,460 11.7

 Ships and boats.................................. 3,157 3,240 3,334 -2.6 -2.8 0.0 3,141 3,276 3,359 3,261 -3.7

 Furniture and related products................. 8,636 8,633 8,624 0.0 0.1 0.4 8,762 8,587 8,437 8,101 8.2

 Miscellaneous durable goods.................... 20,207 20,252 20,044 -0.2 1.0 -0.6 20,380 20,332 19,889 19,534 4.3

 Nondurable goods industries................... 192,052 192,699 192,801 -0.3 -0.1 0.8 192,809 193,680 192,403 181,790 6.1

 Food products........................................ 34,767 34,895 34,339 -0.4 1.6 0.7 33,779 33,996 33,626 32,743 3.2

 Grain and oilseed milling..................... 2,850 2,904 2,761 -1.9 5.2 0.8 2,675 2,919 2,905 3,027 -11.6

 Dairy products.................................... 4,000 3,964 3,954 0.9 0.3 0.2 4,176 4,108 3,955 4,285 -2.5

 Meat, poultry, and seafood products...... 6,574 6,550 6,515 0.4 0.5 0.7 6,605 6,576 6,569 6,266 5.4

 Beverage and tobacco products............... 14,818 14,902 14,878 -0.6 0.2 0.4 14,584 14,893 14,918 14,254 2.3

 Beverages......................................... 10,208 10,260 10,391 -0.5 -1.3 0.7 10,152 10,317 10,447 9,810 3.5

 Tobacco........................................... 4,610 4,642 4,487 -0.7 3.5 -0.2 4,432 4,576 4,471 4,444 -0.3

 Textile mills........................................... 4,582 4,612 4,653 -0.7 -0.9 -0.2 4,716 4,696 4,646 5,026 -6.2

 Textile products...................................... 5,385 5,368 5,425 0.3 -1.1 -0.1 5,513 5,463 5,449 5,234 5.3

 Apparel................................................. 7,564 7,537 7,477 0.4 0.8 0.7 7,595 7,414 7,246 6,941 9.4

 Leather and allied products..................... 1,736 1,744 1,721 -0.5 1.3 0.3 1,758 1,727 1,671 1,655 6.2

 Paper products....................................... 15,445 15,457 15,398 -0.1 0.4 0.4 15,543 15,544 15,472 14,450 7.6

 Pulp, paper, and paperboard mills.......... 6,689 6,705 6,655 -0.2 0.8 1.1 6,759 6,747 6,704 6,267 7.9

 Paperboard containers........................ 4,561 4,557 4,592 0.1 -0.8 -0.2 4,534 4,528 4,576 4,163 8.9

 Printing.................................................. 6,724 6,753 6,808 -0.4 -0.8 0.6 6,592 6,576 6,630 6,318 4.3

 Petroleum and coal products..................... 19,245 19,722 19,852 -2.4 -0.7 3.3 20,000 20,474 19,559 17,754 12.7

 Petroleum refineries............................. 17,258 17,744 17,908 -2.7 -0.9 3.3 17,917 18,440 17,590 16,083 11.4

 Chemical products.................................. 56,949 56,969 57,663 0.0 -1.2 0.4 57,587 57,599 57,975 56,154 2.6

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,514 2,412 2,464 4.2 -2.1 -2.2 2,473 2,606 2,873 2,317 6.7

 Pharmaceuticals and medicines............ 20,625 20,881 21,604 -1.2 -3.3 -2.0 20,949 21,065 21,420 23,926 -12.4

 Paints, coatings, and adhesives............. 3,039 3,021 3,003 0.6 0.6 1.4 3,105 3,096 3,092 2,850 8.9

 Plastics and rubber products..................... 24,837 24,740 24,587 0.4 0.6 0.5 25,142 25,298 25,211 21,261 18.3

p

 Preliminary r Revised NA Not available.

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

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

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

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2005/

2005p 2005r 2005 May Apr. Mar. 2005p 2005r 2005 2004 2005p 2004 2004

SHIPMENTS

 All manufacturing industries .................. 390,838 390,960 388,289 0.0 0.7 1.6 394,442 387,620 412,122 367,073 1,909,170 1,775,304 7.5

 Construction materials and supplies...... 41,536 41,602 41,194 -0.2 1.0 1.1 43,091 41,824 42,169 40,517 199,859 185,925 7.5

 Information technology......................... 33,102 32,827 32,863 0.8 -0.1 1.5 30,473 29,902 37,677 27,752 154,564 143,018 8.1

 Computers and related products .......... 10,626 10,867 10,255 -2.2 6.0 2.3 8,679 10,019 11,489 6,705 47,439 38,531 23.1

 Motor vehicle and parts........................ 37,289 37,157 36,031 0.4 3.1 -2.7 39,109 38,187 40,068 38,918 190,185 200,631 -5.2

 Capital goods...................................... 77,191 77,298 75,687 -0.1 2.1 0.9 75,206 74,566 85,491 68,248 370,741 340,074 9.0

 Nondefense capital goods 3.................. 68,802 69,083 67,498 -0.4 2.3 1.1 66,971 66,611 76,572 59,846 331,124 298,916 10.8

 Excluding aircraft............................. 65,924 65,591 64,643 0.5 1.5 -0.1 63,895 63,585 72,762 56,997 317,911 286,904 10.8

 Defense capital goods 4....................... 8,389 8,215 8,189 2.1 0.3 -1.0 8,235 7,955 8,919 8,402 39,617 41,158 -3.7

 Consumer goods.................................. 148,693 148,237 148,865 0.3 -0.4 3.3 151,138 146,711 152,911 141,217 723,479 677,657 6.8

 Consumer durable goods..................... 35,242 35,058 34,271 0.5 2.3 -1.8 36,197 35,158 38,485 34,827 176,271 178,326 -1.2

 Consumer nondurable goods............... 113,451 113,179 114,594 0.2 -1.2 4.9 114,941 111,553 114,426 106,390 547,208 499,331 9.6

 All manufacturing industries 5................. 394,134 383,001 380,304 2.9 0.7 0.7 395,814 380,778 405,524 361,888 1,897,398 1,770,947 7.1

 Construction materials and supplies...... 41,552 41,637 41,609 -0.2 0.1 1.4 43,443 42,379 43,307 41,288 203,490 192,638 5.6

 Information technology......................... 32,482 32,785 34,833 -0.9 -5.9 5.1 29,322 30,748 39,767 28,454 160,532 149,970 7.0

 Computers and related products .......... 10,222 10,969 9,521 -6.8 15.2 -5.4 8,749 10,146 10,540 7,728 46,373 38,134 21.6

 Motor vehicle and parts........................ 37,404 37,343 35,911 0.2 4.0 -3.1 38,981 38,129 39,767 38,998 190,113 201,809 -5.8

 Capital goods...................................... 87,953 76,955 75,574 14.3 1.8 -2.1 83,875 74,810 86,640 67,265 390,248 353,873 10.3

 Nondefense capital goods 3.................. 80,612 70,497 67,781 14.3 4.0 -3.2 78,582 68,948 75,584 61,719 354,203 308,156 14.9

 Excluding aircraft............................. 65,128 66,795 65,682 -2.5 1.7 -1.6 63,120 66,674 73,415 58,664 329,062 297,760 10.5

 Defense capital goods 4....................... 7,341 6,458 7,793 13.7 -17.1 8.3 5,293 5,862 11,056 5,546 36,045 45,717 -21.2

 Consumer goods.................................. 149,152 148,451 148,350 0.5 0.1 3.1 151,647 146,929 152,267 141,702 723,857 678,011 6.8

 Consumer durable goods..................... 35,701 35,272 33,756 1.2 4.5 -2.7 36,706 35,376 37,841 35,312 176,649 178,680 -1.1

 Consumer nondurable goods.............. 113,451 113,179 114,594 0.2 -1.2 4.9 114,941 111,553 114,426 106,390 547,208 499,331 9.6

 All manufacturing industries 5

................. 563,732 553,190 553,940 1.9 -0.1 -0.2 570,529 562,194 562,331 531,671 (X) (X) 7.3

 Construction materials and supplies...... 38,736 38,720 38,685 0.0 0.1 1.1 40,205 39,853 39,298 38,582 (X) (X) 4.2

 Information technology......................... 134,685 135,305 135,347 -0.5 0.0 1.5 136,714 137,865 137,019 126,124 (X) (X) 8.4

 Computers and related products .......... 7,965 8,369 8,267 -4.8 1.2 -8.2 8,209 8,139 8,012 8,408 (X) (X) -2.4

 Motor vehicle and parts........................ 14,591 14,476 14,290 0.8 1.3 -0.8 14,593 14,721 14,779 14,798 (X) (X) -1.4

 Capital goods...................................... 405,919 395,157 395,500 2.7 -0.1 0.0 410,422 401,753 401,509 371,596 (X) (X) 10.4

 Nondefense capital goods 3

..................263,287 251,477 250,063 4.7 0.6 0.1 266,117 254,506 252,169 228,787 (X) (X) 16.3

 Excluding aircraft............................. 158,201 158,997 157,793 -0.5 0.8 0.7 161,460 162,235 159,146 150,140 (X) (X) 7.5

 Defense capital goods 4

....................... 142,632 143,680 145,437 -0.7 -1.2 -0.3 144,305 147,247 149,340 142,809 (X) (X) 1.0

 Consumer goods.................................. 14,190 13,731 13,517 3.3 1.6 -3.7 14,306 13,797 13,579 12,965 (X) (X) 10.3

 Consumer durable goods..................... 14,190 13,731 13,517 3.3 1.6 -3.7 14,306 13,797 13,579 12,965 (X) (X) 10.3 

 All manufacturing industries .................. 484,560 484,426 484,556 0.0 0.0 0.7 488,023 487,314 483,571 453,817 (X) (X) 7.5

 Construction materials and supplies...... 54,069 53,978 53,848 0.2 0.2 1.1 54,778 54,849 54,851 48,849 (X) (X) 12.1

 Information technology......................... 40,327 39,993 40,162 0.8 -0.4 -1.0 40,812 39,832 39,150 39,512 (X) (X) 3.3

 Computers and related products .......... 6,702 6,695 6,653 0.1 0.6 1.0 6,894 6,548 6,290 6,151 (X) (X) 12.1

 Motor vehicle and parts........................ 22,845 22,839 22,733 0.0 0.5 1.6 23,037 23,140 22,824 21,314 (X) (X) 8.1

 Capital goods...................................... 133,149 132,417 133,068 0.6 -0.5 0.0 134,295 132,681 132,044 127,395 (X) (X) 5.4

 Nondefense capital goods 3

..................113,597 112,916 113,467 0.6 -0.5 0.3 114,726 113,209 112,623 107,638 (X) (X) 6.6

 Excluding aircraft............................. 96,453 96,110 95,944 0.4 0.2 0.2 97,542 96,470 95,222 90,718 (X) (X) 7.5

 Defense capital goods 4

....................... 19,552 19,501 19,601 0.3 -0.5 -1.8 19,569 19,472 19,421 19,757 (X) (X) -1.0

 Consumer goods.................................. 144,487 145,296 145,134 -0.6 0.1 0.5 144,943 145,519 143,400 140,426 (X) (X) 3.2

 Consumer durable goods..................... 30,492 30,367 30,085 0.4 0.9 0.3 30,898 30,581 29,728 28,580 (X) (X) 8.1

 Consumer nondurable goods............... 113,995 114,929 115,049 -0.8 -0.1 0.5 114,045 114,938 113,672 111,846 (X) (X) 2.0

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories. 2

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

 Nondefense capital goods industries include: small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery;

industrial machinery; vending, laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission

equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral

equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical 

equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment

and supplies.

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 6

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

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

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 7

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

 

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May May

2005p 2005r 2005 May Apr. Mar. 2005p 2005r 2005 2004 05/04

MATERIALS AND SUPPLIES

 All manufacturing industries ..................... 159,749 159,318 159,164 0.3 0.1 1.1 159,764 159,382 158,907 147,972 8.0

 Durable goods industries ........................ 96,460 96,366 96,192 0.1 0.2 1.0 96,092 95,963 95,667 87,832 9.4

 Wood products................................... 4,065 4,032 3,966 0.8 1.7 2.0 3,799 3,794 3,887 3,591 5.8

 Nonmetallic mineral products............... 3,462 3,450 3,484 0.3 -1.0 2.0 3,453 3,428 3,471 3,330 3.7

 Primary metals.................................... 9,101 9,044 9,006 0.6 0.4 2.6 8,859 8,818 8,749 6,653 33.2

 Fabricated metal products..................... 14,514 14,544 14,556 -0.2 -0.1 0.6 14,521 14,587 14,608 12,035 20.7

 Machinery.......................................... 14,639 14,615 14,354 0.2 1.8 0.4 14,618 14,685 14,261 12,752 14.6

 Computers and electronic products ...... 16,730 16,701 16,857 0.2 -0.9 -1.1 16,905 16,578 16,795 17,021 -0.7

 Electrical equipment, appliances,

 and components.............................. 5,048 5,070 5,051 -0.4 0.4 1.8 5,114 5,153 5,092 4,669 9.5

 Transportation equipment.................. 18,517 18,472 18,455 0.2 0.1 2.6 18,414 18,492 18,434 17,921 2.8

 Furniture and related products............ 3,561 3,580 3,630 -0.5 -1.4 1.7 3,570 3,571 3,625 3,413 4.6

 Miscellaneous products........................ 6,823 6,858 6,833 -0.5 0.4 -0.2 6,839 6,857 6,745 6,447 6.1

 Nondurable goods industries.................... 63,289 62,952 62,972 0.5 0.0 1.2 63,672 63,419 63,240 60,140 5.9

 Food products.................................... 9,578 9,583 9,411 -0.1 1.8 0.4 9,547 9,576 9,537 9,840 -3.0

 Beverage and tobacco products............ 5,115 5,164 5,087 -0.9 1.5 -0.3 5,137 5,244 5,170 5,240 -2.0

 Textiles.............................................. 1,378 1,370 1,365 0.6 0.4 1.7 1,412 1,403 1,373 1,396 1.1

 Textile products.................................. 2,004 1,977 1,967 1.4 0.5 1.3 2,041 1,979 1,963 1,847 10.5

 Apparel............................................. 1,671 1,640 1,630 1.9 0.6 -1.0 1,692 1,657 1,610 1,611 5.0

 Leather and allied products................... 455 453 456 0.4 -0.7 -1.5 457 446 438 457 0.0

 Paper products................................... 6,574 6,532 6,543 0.6 -0.2 0.6 6,515 6,488 6,556 6,478 0.6

 Printing ............................................. 2,973 3,036 3,037 -2.1 0.0 2.6 2,888 2,913 3,014 2,697 7.1

 Petroleum and coal products............... 6,249 6,057 6,258 3.2 -3.2 6.4 6,578 6,384 6,263 5,575 18.0

 Chemical products................................ 18,521 18,380 18,333 0.8 0.3 0.4 18,619 18,439 18,318 17,499 6.4

 Plastics and rubber products............... 8,771 8,760 8,885 0.1 -1.4 1.4 8,786 8,890 8,998 7,500 17.1

WORK IN PROCESS

 All manufacturing industries ..................... 134,460 134,616 136,144 -0.1 -1.1 -0.1 135,101 135,040 135,621 130,294 3.7

 Durable goods industries ........................ 103,888 103,465 104,219 0.4 -0.7 -0.3 104,898 104,072 103,792 99,144 5.8

 Wood products................................... 2,113 2,077 2,132 1.7 -2.6 3.4 2,127 2,088 2,146 2,015 5.6

 Nonmetallic mineral products............... 1,159 1,139 1,132 1.8 0.6 -0.8 1,194 1,177 1,201 1,230 -2.9

 Primary metals.................................... 7,594 7,483 7,387 1.5 1.3 -1.5 7,607 7,496 7,395 6,219 22.3

 Fabricated metal products..................... 10,816 10,762 10,678 0.5 0.8 2.0 10,927 10,815 10,699 9,739 12.2

 Machinery.......................................... 16,193 16,275 16,318 -0.5 -0.3 0.4 16,487 16,362 16,110 15,631 5.5

 Computers and electronic products ...... 19,011 18,799 19,194 1.1 -2.1 -1.0 19,291 18,948 18,599 19,519 -1.2

 Electrical equipment, appliances,

 and components.............................. 3,035 3,058 3,062 -0.8 -0.1 -0.2 3,142 3,147 3,099 3,088 1.7

 Transportation equipment.................. 38,797 38,656 39,281 0.4 -1.6 -0.3 38,913 38,754 39,493 37,179 4.7

 Furniture and related products............ 1,704 1,691 1,667 0.8 1.4 -1.5 1,708 1,687 1,664 1,571 8.7

 Miscellaneous products........................ 3,466 3,525 3,368 -1.7 4.7 -5.8 3,502 3,598 3,386 2,953 18.6

 Nondurable goods industries.................... 30,572 31,151 31,925 -1.9 -2.4 0.5 30,203 30,968 31,829 31,150 -3.0

 Food products.................................... 3,624 3,575 3,665 1.4 -2.5 -0.4 3,301 3,369 3,584 2,929 12.7

 Beverage and tobacco products............ 4,910 4,901 4,895 0.2 0.1 0.7 4,651 4,721 4,863 4,446 4.6

 Textiles.............................................. 1,176 1,166 1,206 0.9 -3.3 -1.6 1,190 1,178 1,212 1,299 -8.4

 Textile products.................................. 673 665 671 1.2 -0.9 -0.1 697 679 676 719 -3.1

 Apparel............................................. 1,036 1,044 1,086 -0.8 -3.9 0.7 1,062 1,067 1,073 1,205 -11.9

 Leather and allied products................... 165 165 167 0.0 -1.2 0.0 165 169 172 172 -4.1

 Paper products................................... 1,354 1,363 1,385 -0.7 -1.6 2.6 1,356 1,360 1,370 1,230 10.2

 Printing ............................................. 1,819 1,774 1,787 2.5 -0.7 -2.6 1,746 1,747 1,700 1,780 -1.9

 Petroleum and coal products............... 2,999 3,602 3,891 -16.7 -7.4 3.3 3,055 3,686 3,995 3,745 -18.4

 Chemical products................................ 10,002 10,074 10,352 -0.7 -2.7 0.5 10,184 10,129 10,269 11,149 -8.7

 Plastics and rubber products............... 2,814 2,822 2,820 -0.3 0.1 -0.4 2,796 2,863 2,915 2,476 12.9

FINISHED GOODS

 All manufacturing industries ..................... 190,351 190,492 189,248 -0.1 0.7 0.9 193,158 192,892 189,043 175,551 10.0

 Durable goods industries ........................ 92,160 91,896 91,344 0.3 0.6 1.3 94,224 93,599 91,709 85,051 10.8

 Wood products................................... 4,494 4,557 4,594 -1.4 -0.8 0.3 4,871 5,023 5,101 4,678 4.1

 Nonmetallic mineral products............... 5,281 5,290 5,231 -0.2 1.1 -1.0 5,467 5,472 5,403 4,871 12.2

 Primary metals.................................... 6,903 7,003 7,017 -1.4 -0.2 5.7 7,030 7,201 7,234 5,580 26.0

 Fabricated metal products..................... 11,878 11,914 11,877 -0.3 0.3 1.4 12,030 12,172 12,079 10,965 9.7

 Machinery.......................................... 17,230 16,824 16,721 2.4 0.6 0.7 17,319 17,007 17,267 15,184 14.1

 Computers and electronic products ...... 13,182 13,163 13,060 0.1 0.8 -0.1 13,331 13,144 12,516 11,871 12.3

 Electrical equipment, appliances,

 and components.............................. 5,278 5,278 5,205 0.0 1.4 1.3 5,530 5,501 5,280 5,155 7.3

 Transportation equipment.................. 14,625 14,636 14,469 -0.1 1.2 2.8 15,123 14,873 13,923 13,496 12.1

 Furniture and related products............ 3,371 3,362 3,327 0.3 1.1 0.1 3,484 3,329 3,148 3,117 11.8

 Miscellaneous products........................ 9,918 9,869 9,843 0.5 0.3 1.1 10,039 9,877 9,758 10,134 -0.9

 Nondurable goods industries.................... 98,191 98,596 97,904 -0.4 0.7 0.6 98,934 99,293 97,334 90,500 9.3

 Food products.................................... 21,565 21,737 21,263 -0.8 2.2 1.1 20,931 21,051 20,505 19,974 4.8

 Beverage and tobacco products............ 4,793 4,837 4,896 -0.9 -1.2 0.9 4,796 4,928 4,885 4,568 5.0

 Textiles.............................................. 2,028 2,076 2,082 -2.3 -0.3 -0.6 2,114 2,115 2,061 2,331 -9.3

 Textile products.................................. 2,708 2,726 2,787 -0.7 -2.2 -1.2 2,775 2,805 2,810 2,668 4.0

 Apparel............................................. 4,857 4,853 4,761 0.1 1.9 1.2 4,841 4,690 4,563 4,125 17.4

 Leather and allied products................... 1,116 1,126 1,098 -0.9 2.6 1.2 1,136 1,112 1,061 1,026 10.7

 Paper products................................... 7,517 7,562 7,470 -0.6 1.2 -0.2 7,672 7,696 7,546 6,742 13.8

 Printing ............................................. 1,932 1,943 1,984 -0.6 -2.1 0.5 1,958 1,916 1,916 1,841 6.4

 Petroleum and coal products............... 9,997 10,063 9,703 -0.7 3.7 1.5 10,367 10,404 9,301 8,434 22.9

 Chemical products................................ 28,426 28,515 28,978 -0.3 -1.6 0.4 28,784 29,031 29,388 27,506 4.6

 Plastics and rubber products............... 13,252 13,158 12,882 0.7 2.1 0.1 13,560 13,545 13,298 11,285 20.2

p

 Preliminary r Revised

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

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio1

Industry May Apr Mar Feb May Apr Mar Feb

2005p 2005r 2005 2005 2005p 2005r 2005 2005

 All manufacturing industries2...... 1.24 1.24 1.25 1.26 (X) (X) (X) (X)

Durable goods industries 2

................... 1.41 1.40 1.42 1.42 3.94 3.85 3.92 3.95

 Wood products................................ 1.16 1.15 1.14 1.11 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.17 1.19 1.19 1.21 (X) (X) (X) (X)

 Primary metals................................. 1.61 1.57 1.55 1.51 1.22 1.22 1.23 1.24

 Fabricated metal products............... 1.54 1.53 1.56 1.56 2.06 2.03 2.06 2.08

 Machinery....................................... 1.83 1.81 1.84 1.79 2.28 2.29 2.31 2.24

 Computers and electronic products 2

.. 1.16 1.16 1.17 1.20 4.78 4.83 4.81 4.85

 Electrical equipment, appliances,

 and components............................. 1.43 1.45 1.47 1.43 1.76 1.79 1.82 1.81

 Transportation equipment................. 1.34 1.32 1.37 1.36 7.79 7.34 7.63 7.88

 Furniture and related products........... 1.24 1.25 1.29 1.29 1.03 1.04 1.12 1.09

 Miscellaneous products.................... 1.64 1.67 1.66 1.68 (X) (X) (X) (X)

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

 Food products................................... 0.82 0.84 0.82 0.81 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.55 1.62 1.64 1.63 (X) (X) (X) (X)

 Textiles.......................................... 1.35 1.33 1.36 1.33 (X) (X) (X) (X)

 Textile products............................... 1.66 1.65 1.68 1.66 (X) (X) (X) (X)

 Apparel.......................................... 1.73 1.76 1.77 1.69 (X) (X) (X) (X)

 Leather and allied products............... 1.80 1.90 1.88 1.86 (X) (X) (X) (X)

 Paper products................................ 1.01 1.02 1.02 1.03 (X) (X) (X) (X)

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

 Petroleum and coal products............ 0.57 0.57 0.55 0.62 (X) (X) (X) (X)

 Chemical products............................. 1.28 1.27 1.31 1.31 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.38 1.39 1.40 1.39 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable

1

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

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

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

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

trucks; and miscellaneous furniture.

2 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

May2 May2 May2 May2

Industry 2004- 2004- 2004- 2004-

May1 Apr May1 Apr May1 Apr May1 Apr

2005 2005 2005 2005 2005 2005 2005 2005

 All manufacturing industries........... (X) 0.2 (X) 0.4 (X) 0.1 (X) 0.2

Durable goods industries ...................... 0.0 0.3 0.0 0.5 0.0 0.1 0.0 0.2

 Wood products................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.5

 Nonmetallic mineral products.............. (X) 0.7 (X) (NA) (X) (NA) (X) 0.2

 Primary metals.................................... 0.1 0.6 0.0 1.3 -0.1 0.6 0.1 0.4

 Fabricated metal products.................... -0.1 0.3 0.0 0.7 0.1 0.4 0.0 0.3

 Machinery.......................................... 0.5 0.6 -0.7 1.2 -0.7 0.5 0.0 0.2

 Computers and electronic products ..... -0.1 0.5 0.2 1.0 0.0 0.2 -0.1 0.4

 Electrical equipment, appliances,

 and components............................. 0.1 0.3 0.1 0.5 0.0 0.3 0.0 0.4

 Transportation equipment.................... 0.0 0.3 0.0 0.8 0.0 0.1 0.0 0.2

 Furniture and related products............. (X) 0.6 (X) 0.7 (X) 0.6 (X) 0.3

 Miscellaneous products...................... (X) 0.5 (X) 0.8 (X) 0.8 (X) 0.4

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

 Food products................................... (X) 0.8 (X) (NA) (X) (NA) (X) 0.4

 Beverage and tobacco products............ (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Textiles............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

 Textile products.................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

 Apparel.............................................. (X) 1.3 (X) (NA) (X) (NA) (X) 0.5

 Leather and allied products................... (X) 1.2 (X) (NA) (X) (NA) (X) 0.9

 Paper products.................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

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

 Petroleum and coal products................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.8

 Chemical products................................ (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Plastics and rubber products................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.5

X Not Applicable NA Not Available

1

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

 publication.

2

 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

[Based on Seasonally Adjusted data]

Shipments New Orders Unfilled Orders Inventories
NOTICE

Revised historical data for Manufacturers’ Shipments, Inventories, and Orders will be issued on

August 19, 2005. These revisions reflect:

• benchmarking the shipments and inventory data to the 2002 Economic Census and 2003

Annual Survey of Manufactures (ASM) data;

• adjusting new orders and order backlog to be consistent with the benchmarked shipments

and inventory data;

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

previously reported data; and

• updating the seasonal adjustment factors for all series.

For revised historical data go to http://www.census.gov/m3/hist/naicshist.htm. An accompanying

press release will include the revised 2005 January through June data. Please call Chris Savage on

(301)763-4832 with questions.

9

Survey Description 

This report is compiled from results of the U.S.

Census Bureau’s Manufacturers’ Shipments,

Inventories, and Orders (M3) survey. This survey

provides statistics on manufacturers' value of

shipments, new orders (net of cancellations), end-ofmonth order backlog (unfilled orders), end-of-month

total inventory (at current cost or market value), and

inventories by stage of fabrication (materials and

supplies, work-in-process, and finished goods). The

M3 includes approximately 4,000 reporting units. 

Units may be divisions of diversified large

companies, large homogenous companies, or singleunit manufacturers in 89 industry categories. Due to

the small monthly sample, these 89 categories have

been combined into 59 publication levels. The

survey methodology assumes that the month-tomonth changes of the total operations of those

companies in the monthly survey effectively

represent the month-to-month movements of all

establishments that make up the category. The

current coverage levels in the survey show that

reported data in the monthly survey represent

approximately 60 percent of the shipments estimates

at the total manufacturing level. Data published

represent manufacturing in a calendar month. The

data collection is based on a voluntary survey

authorized by Title 13 of the United States Code.

The data presented in this release are based on data

obtained from a panel of 4,000 reporting units and

provide an indication of the activity within the

manufacturing sector. The results differ from what

would be obtained from a complete enumeration of

all manufacturing companies. In addition, a different

panel of 4,000 companies would yield different

results. The M3 panel is comprised of companies

with $500 million or more in shipments and a limited

number of smaller companies. From a statistical

perspective, the panel is not a probability sample;

therefore, the sampling errors that are normally

provided with sample surveys cannot be measured. 

Nonsampling errors are attributable to many sources. 

The use of company or divisional reports to estimate

the monthly change for establishments is one source

of nonsampling error. The use of primarily large

companies to represent the month-to-month

movement of all companies is another potential

source.

Additional survey documentation can be found on our

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