FOR IMMEDIATE RELEASE 

WEDNESDAY, MAY 2, 2007, AT 10:00 A.M. EDT 

Chris Savage or Jessica Young 

Manufacturing and Construction Division 

(301) 763-4832 

M3-2 (07)-3 

CB07-064 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

March 2007

Summary

 New orders for manufactured goods in March, up four 

of the last five months, increased $11.9 billion or 3.1 

percent to $400.2 billion, the U.S. Census Bureau 

reported today. This followed a 1.4 percent February 

increase. 

 Shipments, up following two consecutive monthly 

decreases, increased $5.9 billion or 1.5 percent to $392.9 

billion. This followed a 0.6 percent February decrease. 

 Unfilled orders, up twenty-two of the last twenty-three 

months, increased $12.9 billion or 1.8 percent to $717.3 

billion. This was at the highest level since the series was 

first stated on a NAICS basis in 1992 and followed a 1.1 

percent February increase. The unfilled orders-toshipments ratio was 4.92, up from 4.88 in February. 

 Inventories, up twelve of the last thirteen months, 

increased $1.0 billion or 0.2 percent to $484.0 billion. 

This followed a slight February increase. The 

inventories-to-shipments ratio was 1.23, down from 1.25 

in February. 

New Orders 

 New orders for manufactured durable goods in March, up four of the last five months, increased $7.6 billion or 

3.7 percent to $215.2 billion, revised from the previously 

published 3.4 percent increase. This followed a 2.3 

percent February increase. 

 Transportation equipment, up four of the last five 

months, had the largest increase, $5.7 billion or 9.5 

percent to $65.9 billion. This was led by nondefense 

aircraft and parts, which increased $5.7 billion. 

 New orders for manufactured nondurable goods 

increased $4.2 billion or 2.3 percent to $185.0 billion. 

Shipments 

 Shipments of manufactured durable goods in March, 

up following two consecutive monthly decreases, 

increased $1.7 billion or 0.8 percent to $207.8 billion, 

unchanged from the previously published increase. This 

followed a 1.4 percent February decrease. 

 

 

 Transportation equipment, up following two 

consecutive monthly decreases, had the largest increase, 

$1.3 billion or 2.3 percent to $55.6 billion. 

 

 Shipments of manufactured nondurable goods, up four 

of the last five months, increased $4.2 billion or 2.3 

percent to $185.0 billion. This was led by petroleum and 

coal products, which increased $3.6 billion or 11.0 

percent to $36.0 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

March, up twenty-two of the last twenty-three months, 

increased $12.9 billion or 1.8 percent to $717.3 billion, 

unchanged from the previously published increase. This 

was at the highest level since the series began and 

followed a 1.1 percent February increase. 

 

 Transportation equipment, up thirteen of the last 

fourteen months, had the largest increase, $10.3 billion 

or 2.7 percent to $395.5 billion. 

Inventories 

 Inventories of manufactured durable goods in March, 

up thirteen consecutive months, increased $0.6 billion or 

0.2 percent to $298.5 billion, revised from the previously 

published 0.3 percent increase. This followed a 0.1 

percent February increase. 

 

 Transportation equipment, up six of the last seven 

months, had the largest increase, $0.6 billion or 0.9 

percent to $69.8 billion. 

 Inventories of manufactured nondurable goods, up 

following three consecutive monthly decreases, 

increased $0.3 billion or 0.2 percent to $185.5 billion. 

This was due to petroleum and coal products, which 

increased $0.6 billion or 2.0 percent to $28.0 billion. 

 By stage of fabrication, March materials and supplies 

decreased 0.1 percent in durable goods and increased 0.1 

percent in nondurable goods. Work in process increased 

0.1 percent in durable goods and 0.3 percent in 

nondurable goods. Finished goods increased 0.6 percent 

in durable goods and 0.2 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 April is scheduled for release on May 24, 2007, at 8:30 a.m. EDT and the full report on June 4, 

2007, 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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2007/

2007p 2007r 2007 Mar. Feb. Jan. 2007p 2007r 2007 2006 2007p 2006 2006

 All manufacturing industries .................. 392,854 386,907 389,107 1.5 -0.6 -1.7 417,129 366,328 359,517 425,124 1,142,974 1,158,540 -1.3

 Excluding transportation ................... 337,247 332,557 333,945 1.4 -0.4 -1.0 353,550 312,295 311,256 358,197 977,101 987,413 -1.0

 Excluding defense .............................. 383,182 376,914 379,048 1.7 -0.6 -1.7 406,528 356,708 351,504 414,687 1,114,740 1,131,976 -1.5

 With unfilled orders ........................... 145,814 144,210 144,492 1.1 -0.2 -2.0 160,327 137,389 129,837 159,698 427,553 421,254 1.5

 Durable goods industries ........................207,819 206,116 209,145 0.8 -1.4 -1.5 228,198 196,777 188,486 233,816 613,461 618,325 -0.8

 Wood products................................. ...... 7,204 7,185 7,456 0.3 -3.6 -11.3 7,297 6,610 6,431 9,110 20,338 25,309 -19.6

 Nonmetallic mineral products................... 9,828 9,598 9,485 2.4 1.2 -2.6 9,934 8,535 8,646 10,457 27,115 28,827 -5.9

 Primary metals............................ .......... 18,785 18,487 18,806 1.6 -1.7 -0.8 20,031 18,166 18,848 19,286 57,045 53,722 6.2

 Iron and steel mills............................ 8,747 8,390 8,596 4.3 -2.4 0.2 9,328 8,302 8,700 9,186 26,330 25,809 2.0

 Aluminum and nonferrous metals......... 8,491 8,554 8,621 -0.7 -0.8 -1.8 9,044 8,382 8,593 8,289 26,019 22,949 13.4

 Ferrous metal foundries...................... 1,547 1,543 1,589 0.3 -2.9 0.0 1,659 1,482 1,555 1,811 4,696 4,964 -5.4

 Fabricated metal products...................... 24,900 24,764 24,928 0.5 -0.7 -0.1 26,066 23,580 23,468 25,849 73,114 71,504 2.3

 Machinery............................................. 27,453 26,691 26,053 2.9 2.4 -7.6 30,906 25,079 23,639 30,236 79,624 78,221 1.8

 Farm machinery................................. 1,919 1,884 1,871 1.9 0.7 2.9 2,397 2,074 1,671 1,837 6,142 4,878 25.9

 Construction machinery..................... 2,050 2,115 2,163 -3.1 -2.2 -28.4 2,362 2,018 1,944 3,558 6,324 9,141 -30.8

 Mining, oil field, and 

 gas field machinery........................ 1,266 1,292 1,218 -2.0 6.1 1.0 1,386 1,223 1,136 1,168 3,745 3,110 20.4

 Industrial machinery.......................... 2,759 2,795 2,303 -1.3 21.4 -18.6 3,037 2,427 2,185 2,878 7,649 7,352 4.0

 Photographic equipment...................... 666 654 626 1.8 4.5 -6.7 690 549 509 683 1,748 1,732 0.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,031 3,942 3,790 2.3 4.0 2.0 4,428 3,326 3,141 3,555 10,895 9,008 20.9

 Metalworking machinery..................... 2,603 2,701 2,798 -3.6 -3.5 9.3 2,978 2,461 2,582 3,346 8,021 8,529 -6.0

 Turbines, generators, and other

 power transmission equipment....... 3,468 2,788 2,732 24.4 2.0 -34.1 3,780 2,777 2,658 4,054 9,215 10,057 -8.4

 Material handling equipment............... 2,329 2,242 2,157 3.9 3.9 2.0 2,723 2,116 2,060 2,398 6,899 6,353 8.6

 Computers and electronic products ......... 33,400 34,683 36,715 -3.7 -5.5 10.7 37,751 32,244 31,162 39,815 101,157 102,264 -1.1

 Computers........................................ 4,146 4,697 4,502 -11.7 4.3 0.0 4,558 4,311 3,917 5,359 12,786 13,706 -6.7

 Computer storage devices................... 635 629 628 1.0 0.2 -7.4 986 444 359 1,008 1,789 1,807 -1.0

 Other peripheral equipment................ 1,143 1,165 1,182 -1.9 -1.4 -2.9 1,464 996 852 1,560 3,312 3,419 -3.1

 Nondefense communications

 equipment.................................... 5,114 5,269 5,011 -2.9 5.1 5.7 6,090 4,756 4,044 6,414 14,890 15,565 -4.3

 Defense communications equipment... 511 518 481 -1.4 7.7 -7.1 566 486 433 491 1,485 1,370 8.4

 Audio and video equipment.................. 871 942 1,056 -7.5 -10.8 -2.9 883 870 938 789 2,691 2,642 1.9

 Semiconductors ................................. 5,567 6,179 8,427 -9.9 -26.7 65.6 5,800 6,234 7,840 7,313 19,874 21,239 -6.4

 Electronic components....................... 4,889 4,832 4,855 1.2 -0.5 -2.4 5,189 4,473 4,144 5,128 13,806 13,483 2.4

 Nondefense search and navigation

 equipment..................................... 1,105 1,050 1,153 5.2 -8.9 25.2 1,250 1,004 989 1,083 3,243 2,776 16.8

 Defense search and navigation

 equipment..................................... 3,035 3,075 3,053 -1.3 0.7 3.5 3,227 2,991 2,445 2,994 8,663 7,807 11.0

 Electromedical, measuring,

 and control instruments................. 5,858 5,767 5,783 1.6 -0.3 -1.7 7,204 5,165 4,660 7,085 17,029 16,807 1.3

 Electrical equipment, appliances, 

 and components................................... 10,521 10,325 10,426 1.9 -1.0 2.9 11,351 9,617 9,296 10,774 30,264 28,773 5.2

 Electric lighting equipment................... 1,088 1,097 1,069 -0.8 2.6 1.3 1,184 1,085 973 1,143 3,242 3,097 4.7

 Household appliances........................ 2,010 1,979 1,926 1.6 2.8 -5.1 2,145 1,738 1,503 2,321 5,386 5,852 -8.0

 Electrical equipment............................ 3,553 3,476 3,571 2.2 -2.7 9.1 3,963 3,279 3,249 3,554 10,491 9,420 11.4

 Batteries........................................... 598 608 827 -1.6 -26.5 13.3 597 495 700 582 1,792 1,497 19.7

 Transportation equipment...................... 55,607 54,350 55,162 2.3 -1.5 -5.6 63,579 54,033 48,261 66,927 165,873 171,127 -3.1

 Automobiles..................................... 7,114 6,809 6,859 4.5 -0.7 -6.4 8,167 6,865 6,615 8,516 21,647 22,083 -2.0

 Light trucks and utility vehicles............ 11,016 10,749 10,216 2.5 5.2 -16.1 12,861 10,890 9,096 15,337 32,847 38,025 -13.6

 Heavy duty trucks ............................. 1,704 1,716 2,162 -0.7 -20.6 -1.2 1,795 1,693 1,996 2,316 5,484 6,421 -14.6

 Motor vehicle bodies, parts, 

 and trailers.................................... 18,574 18,030 17,799 3.0 1.3 -6.3 20,558 18,309 16,810 20,951 55,677 56,798 -2.0

 Nondefense aircraft and parts.............. 8,451 8,225 8,777 2.7 -6.3 8.2 10,450 7,870 6,483 9,822 24,803 22,753 9.0

 Defense aircraft and parts.................. 3,377 3,610 3,705 -6.5 -2.6 -1.8 3,815 3,358 2,791 3,866 9,964 9,625 3.5

 Ships and boats................................. 1,980 1,997 2,107 -0.9 -5.2 -3.2 2,176 1,994 1,711 2,023 5,881 5,516 6.6

 Furniture and related products................. 7,337 7,210 7,236 1.8 -0.4 -3.6 7,481 7,074 6,937 7,801 21,492 22,691 -5.3

 Miscellaneous durable goods................. 12,784 12,823 12,878 -0.3 -0.4 0.6 13,802 11,839 11,798 13,561 37,439 35,887 4.3

 Nondurable goods industries................... 185,035 180,791 179,962 2.3 0.5 -1.9 188,931 169,551 171,031 191,308 529,513 540,215 -2.0

 Food products....................................... 44,890 44,812 44,821 0.2 0.0 1.0 45,578 43,164 43,138 44,808 131,880 130,655 0.9

 Grain and oilseed milling..................... 4,347 4,283 4,215 1.5 1.6 1.2 4,416 4,263 4,088 4,375 12,767 12,737 0.2

 Dairy products.................................. 5,967 6,121 6,174 -2.5 -0.9 -0.4 6,243 5,701 6,075 6,245 18,019 17,850 0.9

 Meat, poultry, and seafood products... 14,384 14,210 14,134 1.2 0.5 1.8 14,085 13,861 13,581 13,398 41,527 41,144 0.9

 Beverage and tobacco products............... 10,398 9,945 9,965 4.6 -0.2 2.6 10,305 9,269 9,124 9,672 28,698 27,446 4.6

 Beverages......................................... 6,805 6,761 6,631 0.7 2.0 0.3 6,712 6,085 5,790 6,318 18,587 17,680 5.1

 Tobacco............................................ 3,593 3,184 3,334 12.8 -4.5 7.7 3,593 3,184 3,334 3,354 10,111 9,766 3.5

 Textile mills........................................... 2,657 2,728 2,791 -2.6 -2.3 4.6 2,786 2,739 2,608 3,032 8,133 8,462 -3.9

 Textile products................................... 2,643 2,675 2,740 -1.2 -2.4 -2.0 2,760 2,611 2,434 3,039 7,805 8,528 -8.5

 Apparel................................................ 2,972 2,901 2,891 2.4 0.3 -1.7 3,149 2,860 2,501 3,189 8,510 8,726 -2.5

 Leather and allied products..................... 546 525 497 4.0 5.6 6.7 562 556 432 486 1,550 1,374 12.8

 Paper products...................................... 13,359 13,365 13,484 0.0 -0.9 -6.0 13,632 12,655 13,423 14,140 39,710 40,477 -1.9

 Pulp, paper, and paperboard mills....... 6,056 5,992 6,006 1.1 -0.2 -12.0 6,239 5,774 6,068 6,349 18,081 18,244 -0.9

 Paperboard containers........................ 3,756 3,820 3,860 -1.7 -1.0 -3.1 3,760 3,534 3,845 3,923 11,139 11,185 -0.4

 Printing................................................. 7,710 7,685 7,798 0.3 -1.4 0.2 7,909 7,099 7,326 7,590 22,334 21,556 3.6

 Petroleum and coal products.................. 36,025 32,468 31,726 11.0 2.3 -8.9 34,269 28,866 28,978 35,763 92,113 100,541 -8.4

 Petroleum refineries.......................... 33,425 29,935 29,095 11.7 2.9 -9.7 31,835 26,885 26,918 33,265 85,638 93,840 -8.7

 Chemical products.................................. 47,316 47,337 46,686 0.0 1.4 -0.4 50,577 44,337 45,241 51,666 140,155 142,299 -1.5

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 2,574 2,403 2,346 7.1 2.4 0.5 3,481 2,262 2,064 2,711 7,807 6,874 13.6

 Pharmaceuticals and medicines............ 12,932 13,141 12,752 -1.6 3.1 2.6 13,204 11,912 12,852 13,585 37,968 36,928 2.8

 Paints, coatings, and adhesives.......... 2,767 2,672 2,784 3.6 -4.0 2.3 2,931 2,491 2,454 2,999 7,876 7,787 1.1

 Plastics and rubber products.................. 16,519 16,350 16,563 1.0 -1.3 -0.8 17,404 15,395 15,826 17,923 48,625 50,151 -3.0

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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2007/

2007p 2007r 2007 Mar. Feb. Jan. 2007p 2007r 2007 2006 2007p 2006 2006

All manufacturing industries 2................... 400,207 388,341 382,821 3.1 1.4 -5.7 426,918 369,295 364,127 436,533 1,160,340 1,172,737 -1.1

 Excluding transportation 2

................... 334,319 328,190 328,252 1.9 0.0 -2.5 351,812 311,345 311,195 356,901 974,352 983,817 -1.0

 Excluding defense 2

............................. 392,026 378,823 373,264 3.5 1.5 -5.5 415,779 360,071 354,173 421,756 1,130,023 1,142,310 -1.1

 With unfilled orders 2.......................... 158,734 151,823 146,633 4.6 3.5 -9.9 175,916 146,590 142,287 178,420 464,793 456,690 1.8

 Durable goods industries 2..................... 215,172 207,550 202,859 3.7 2.3 -8.8 237,987 199,744 193,096 245,225 630,827 632,522 -0.3

 Primary metals............................ ............ 18,772 18,233 18,978 3.0 -3.9 1.2 20,152 18,323 19,764 19,519 58,239 55,328 5.3

 Iron and steel mills.............................. 8,666 8,231 8,905 5.3 -7.6 8.9 9,412 8,430 9,323 9,369 27,165 26,628 2.0

 Aluminum and nonferrous metals......... 8,571 8,489 8,447 1.0 0.5 -5.1 9,106 8,398 8,738 8,333 26,242 23,462 11.8

 Ferrous metal foundries...................... 1,535 1,513 1,626 1.5 -6.9 -2.9 1,634 1,495 1,703 1,817 4,832 5,238 -7.8

 Fabricated metal products...................... 24,854 25,125 25,516 -1.1 -1.5 2.2 26,962 24,490 24,715 26,983 76,167 74,324 2.5

 Machinery............................................. 28,829 27,525 27,249 4.7 1.0 -10.0 32,624 26,914 26,552 31,388 86,090 83,995 2.5

 Construction machinery....................... 3,147 1,907 1,988 65.0 -4.1 -37.3 3,488 1,900 2,294 3,435 7,682 9,497 -19.1

 Mining, oil field, and

 gas field machinery........................ 1,150 1,062 1,040 8.3 2.1 -25.2 1,278 1,071 993 1,256 3,342 3,734 -10.5

 Industrial machinery............................ 3,285 3,275 2,454 0.3 33.5 -23.4 3,542 2,934 2,885 3,215 9,361 9,347 0.1

 Photographic equipment...................... 614 601 605 2.2 -0.7 -41.2 670 512 540 741 1,722 1,883 -8.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,656 4,860 4,439 -24.8 9.5 16.5 4,213 4,368 3,922 4,015 12,503 9,672 29.3

 Metalworking machinery....................... 2,699 2,729 3,171 -1.1 -13.9 7.9 3,015 2,711 3,171 3,277 8,897 8,727 1.9

 Turbines, generators, and other 

 power transmission equipment....... 3,539 2,654 2,817 33.3 -5.8 -33.2 3,765 2,744 2,766 4,168 9,275 10,717 -13.5

 Material handling equipment............... 2,404 2,181 2,383 10.2 -8.5 -3.2 2,965 2,220 2,410 2,537 7,595 7,041 7.9

 Computers and electronic products 2...... 29,181 29,051 28,031 0.4 3.6 -8.6 33,504 27,306 24,388 36,392 85,198 86,478 -1.5

 Computers........................................ 4,419 4,588 4,425 -3.7 3.7 -3.3 4,831 4,202 3,840 5,381 12,873 13,350 -3.6

 Nondefense communications

 equipment...................................... 5,431 5,260 5,270 3.3 -0.2 -13.6 6,631 5,308 4,827 7,461 16,766 17,954 -6.6

 Defense communications equipment... 934 439 373 112.8 17.7 -46.0 1,103 357 266 1,157 1,726 1,498 15.2

 Semiconductors 2

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

 Electronic components....................... 4,987 5,205 4,938 -4.2 5.4 1.7 5,093 5,045 4,426 5,234 14,564 13,832 5.3

 Nondefense search and navigation

 equipment..................................... 1,085 1,006 1,189 7.9 -15.4 12.3 1,270 1,028 1,305 1,379 3,603 3,650 -1.3

 Defense search and navigation

 equipment...................................... 2,828 3,185 2,622 -11.2 21.5 -23.2 3,329 3,144 2,109 4,765 8,582 9,387 -8.6

 Electromedical, measuring,

 and control instruments.................... 6,322 6,072 5,764 4.1 5.3 -9.7 7,380 5,398 4,925 7,067 17,703 17,296 2.4

 Electrical equipment, appliances, 

 and components................................... 10,715 10,626 11,160 0.8 -4.8 10.2 11,252 10,530 10,598 10,601 32,380 30,756 5.3

 Electric lighting equipment................... 1,132 1,209 1,268 -6.4 -4.7 23.3 1,250 1,209 1,174 1,219 3,633 3,366 7.9

 Household appliances.......................... 1,975 2,111 1,983 -6.4 6.5 10.3 1,932 1,996 1,722 2,053 5,650 6,052 -6.6

 Electrical equipment............................ 3,900 3,729 3,891 4.6 -4.2 17.1 4,196 3,767 3,756 3,461 11,719 10,128 15.7

 Transportation equipment........................ 65,888 60,151 54,569 9.5 10.2 -21.1 75,106 57,950 52,932 79,632 185,988 188,920 -1.6

 Motor vehicle bodies, parts, 

 and trailers.................................... 18,488 17,809 17,774 3.8 0.2 -8.0 20,205 18,293 17,392 21,002 55,890 58,153 -3.9

 Nondefense aircraft and parts.............. 20,690 14,984 7,410 38.1 102.2 -60.4 22,633 12,483 7,420 19,762 42,536 36,486 16.6

 Defense aircraft and parts................... 1,781 3,250 2,616 -45.2 24.2 -58.8 3,073 3,112 2,791 4,903 8,976 12,406 -27.6

 Ships and boats................................. 1,658 1,990 2,648 -16.7 -24.8 6.5 1,569 2,018 3,283 1,767 6,870 8,000 -14.1

 Furniture and related products................. 7,257 7,318 7,359 -0.8 -0.6 -1.7 7,494 7,332 7,094 7,853 21,920 23,036 -4.8

 Nondurable goods industries.................. 185,035 180,791 179,962 2.3 0.5 -1.9 188,931 169,551 171,031 191,308 529,513 540,215 -2.0

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: M3-3(05), "Manufacturers' Shipments, Inventories, and Orders: 1992-2005."

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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. Mar.

2007p 2007r 2007 Mar. Feb. Jan. 2007p 2007r 2007 2006 07/06

All manufacturing industries 1................... 717,250 704,330 696,717 1.8 1.1 0.3 728,595 713,006 703,805 607,864 19.9

 Excluding transportation 1................... 321,758 319,119 317,307 0.8 0.6 0.9 327,050 322,988 317,704 288,931 13.2

 Excluding defense 1............................. 566,805 552,394 544,306 2.6 1.5 0.5 573,629 558,578 548,981 463,456 23.8

 Durable goods industries 1..................... 717,250 704,330 696,717 1.8 1.1 0.3 728,595 713,006 703,805 607,864 19.9

 Primary metals........................................ 26,013 26,026 26,280 0.0 -1.0 0.7 26,999 26,878 26,721 26,880 0.4

 Iron and steel mills.............................. 15,511 15,592 15,751 -0.5 -1.0 2.0 16,164 16,080 15,952 16,944 -4.6

 Aluminum and nonferrous metals......... 7,496 7,416 7,481 1.1 -0.9 -2.3 7,739 7,677 7,661 6,875 12.6

 Ferrous metal foundries...................... 3,006 3,018 3,048 -0.4 -1.0 1.2 3,096 3,121 3,108 3,061 1.1

 Fabricated metal products...................... 54,495 54,541 54,180 -0.1 0.7 1.1 54,936 54,040 53,130 49,925 10.0

 Machinery............................................. 81,265 79,889 79,055 1.7 1.1 1.5 83,241 81,523 79,688 67,479 23.4

 Construction machinery....................... 10,600 9,503 9,711 11.5 -2.1 -1.8 11,398 10,272 10,390 7,932 43.7

 Mining, oil field, and

 gas field machinery........................ 3,633 3,749 3,979 -3.1 -5.8 -4.3 3,643 3,751 3,903 2,958 23.2

 Industrial machinery............................ 12,716 12,190 11,710 4.3 4.1 1.3 12,817 12,312 11,805 10,839 18.2

 Photographic equipment...................... 1,703 1,755 1,808 -3.0 -2.9 -1.1 1,733 1,753 1,790 1,445 19.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 10,600 10,975 10,057 -3.4 9.1 6.9 10,721 10,936 9,894 7,703 39.2

 Metalworking machinery....................... 8,690 8,594 8,566 1.1 0.3 4.6 8,813 8,776 8,526 6,403 37.6

 Turbines, generators, and other 

 power transmission equipment....... 12,229 12,158 12,292 0.6 -1.1 0.7 12,358 12,373 12,406 10,594 16.7

 Material handling equipment............... 9,332 9,257 9,318 0.8 -0.7 2.5 9,739 9,497 9,393 8,542 14.0

 Computers and electronic products 1...... 123,689 122,341 121,794 1.1 0.4 -0.2 125,431 123,878 122,582 113,028 11.0

 Computers......................................... 4,551 4,278 4,387 6.4 -2.5 -1.7 4,551 4,278 4,387 4,346 4.7

 Nondefense communications

 equipment...................................... 30,936 30,619 30,628 1.0 0.0 0.9 31,525 30,984 30,432 28,908 9.1

 Defense communications equipment... 7,203 6,780 6,859 6.2 -1.2 -1.6 7,330 6,793 6,922 6,621 10.7

 Semiconductors 1

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

 Electronic components....................... 12,771 12,673 12,300 0.8 3.0 0.7 12,859 12,955 12,383 11,659 10.3

 Nondefense search and navigation

 equipment..................................... 6,032 6,052 6,096 -0.3 -0.7 0.6 6,188 6,168 6,144 5,247 17.9

 Defense search and navigation

 equipment...................................... 38,777 38,984 38,874 -0.5 0.3 -1.1 39,596 39,494 39,341 36,227 9.3

 Electromedical, measuring,

 and control instruments.................... 23,419 22,955 22,650 2.0 1.3 -0.1 23,382 23,206 22,973 20,020 16.8

 Electrical equipment, appliances, 

 and components................................... 23,881 23,687 23,386 0.8 1.3 3.2 24,135 24,234 23,321 19,817 21.8

 Electric lighting equipment................... 2,218 2,174 2,062 2.0 5.4 10.7 2,203 2,137 2,013 2,242 -1.7

 Household appliances.......................... 832 867 735 -4.0 18.0 8.4 849 1,062 804 782 8.6

 Electrical equipment............................ 14,668 14,321 14,068 2.4 1.8 2.3 14,687 14,454 13,966 11,183 31.3

 Transportation equipment........................ 395,492 385,211 379,410 2.7 1.5 -0.2 401,545 390,018 386,101 318,933 25.9

 Motor vehicle bodies, parts, 

 and trailers.................................... 19,583 19,669 19,890 -0.4 -1.1 -0.1 20,231 20,584 20,600 18,447 9.7

 Nondefense aircraft and parts.............. 249,900 237,661 230,902 5.1 2.9 -0.6 251,799 239,616 235,003 181,167 39.0

 Defense aircraft and parts................... 44,948 46,544 46,904 -3.4 -0.8 -2.3 46,432 47,174 47,420 48,289 -3.8

 Ships and boats................................. 17,363 17,685 17,692 -1.8 0.0 3.2 18,163 18,770 18,746 15,346 18.4

 Furniture and related products................. 7,154 7,234 7,126 -1.1 1.5 1.8 7,047 7,034 6,776 7,385 -4.6

p

 Preliminary r Revised NA Not available.

1

 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 Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. Mar.

2007p 2007r 2007 Mar. Feb. Jan. 2007p 2007r 2007 2006 07/06

 All manufacturing industries ..................... 483,988 483,034 482,875 0.2 0.0 0.0 482,480 485,412 479,985 457,401 5.5

 Excluding transportation ...................... 414,199 413,858 413,834 0.1 0.0 -0.2 413,032 415,776 411,629 393,420 5.0

 Excluding defense ............................. 465,363 464,502 464,191 0.2 0.1 0.0 463,903 466,842 461,506 438,408 5.8

 With unfilled orders ............................. 233,148 232,981 232,781 0.1 0.1 0.7 232,349 234,898 232,149 213,644 8.8

 Durable goods industries ........................ 298,498 297,890 297,605 0.2 0.1 0.4 297,348 300,413 296,504 274,995 8.1

 Wood products................................. ....... 10,963 10,933 10,931 0.3 0.0 -0.2 11,122 11,144 10,976 11,584 -4.0

 Nonmetallic mineral products................... 11,393 11,389 11,366 0.0 0.2 -0.5 11,619 11,628 11,351 10,648 9.1

 Primary metals............................ ............ 29,996 29,721 29,780 0.9 -0.2 -0.7 29,956 29,862 30,038 26,046 15.0

 Iron and steel mills............................... 16,883 16,694 16,775 1.1 -0.5 -1.5 16,680 16,679 16,929 14,370 16.1

 Aluminum and nonferrous metals......... 10,760 10,702 10,674 0.5 0.3 0.3 10,853 10,804 10,776 9,537 13.8

 Ferrous metal foundries........................ 2,353 2,325 2,331 1.2 -0.3 0.8 2,423 2,379 2,333 2,139 13.3

 Fabricated metal products......................... 38,489 38,423 38,469 0.2 -0.1 0.3 38,937 38,951 38,435 35,427 9.9

 Machinery.............................................. 48,108 48,142 47,793 -0.1 0.7 0.7 48,238 48,836 47,676 44,342 8.8

 Farm machinery.................................. 2,275 2,268 2,111 0.3 7.4 0.2 2,411 2,436 2,207 2,313 4.2

 Construction machinery........................ 4,462 4,360 4,286 2.3 1.7 0.4 4,533 4,428 4,266 3,884 16.7

 Mining, oil field, 

 and gas field machinery.................... 3,270 3,251 3,247 0.6 0.1 3.3 3,286 3,252 3,210 2,660 23.5

 Industrial machinery............................. 7,470 7,514 7,657 -0.6 -1.9 -1.3 7,480 7,621 7,474 6,798 10.0

 Photographic equipment...................... 1,417 1,406 1,421 0.8 -1.1 1.9 1,377 1,402 1,423 1,371 0.4

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,064 4,071 4,050 -0.2 0.5 2.4 4,121 4,140 3,955 3,948 4.4

 Metalworking machinery....................... 4,192 4,256 4,234 -1.5 0.5 -2.9 4,150 4,295 4,221 4,289 -3.2

 Turbines, generators, and other

 power transmission equipment.......... 5,533 5,516 5,441 0.3 1.4 1.9 5,375 5,536 5,435 4,619 16.4

 Material handling equipment.................. 3,154 3,210 3,171 -1.7 1.2 7.0 3,161 3,247 3,187 2,829 11.7

 Computers and electronic products ......... 46,399 46,656 46,813 -0.6 -0.3 0.3 45,010 46,772 46,533 42,487 5.9

 Computers......................................... 1,256 1,215 1,235 3.4 -1.6 -2.0 1,209 1,191 1,177 1,138 6.2

 Computer storage devices.................... 1,160 1,159 1,152 0.1 0.6 2.0 1,039 1,181 1,114 907 14.6

 Other peripheral equipment................... 1,998 2,040 2,062 -2.1 -1.1 -0.6 1,885 2,048 2,038 1,918 -1.7

 Nondefense communications

 equipment...................................... 8,619 8,905 9,071 -3.2 -1.8 0.6 8,315 9,107 9,206 8,719 -4.6

 Defense communications equipment...... 1,033 1,038 1,044 -0.5 -0.6 9.2 1,060 1,063 1,053 1,106 -4.2

 Audio and video equipment.................. 1,116 1,043 1,056 7.0 -1.2 -0.7 929 939 1,037 808 15.0

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

 Electronic components.......................... 6,889 7,018 7,052 -1.8 -0.5 1.2 6,734 7,021 7,060 6,186 8.9

 Nondefense search and navigation

 equipment...................................... 3,105 3,017 2,971 2.9 1.5 0.4 3,088 3,009 2,931 2,699 14.4

 Defense search and navigation

 equipment....................................... 2,651 2,626 2,622 1.0 0.2 0.4 2,599 2,612 2,596 2,661 -2.3

 Electromedical, measuring 

 and control instruments.................... 10,170 10,314 10,311 -1.4 0.0 3.2 10,025 10,459 10,276 9,479 5.8

 Electrical equipment, appliances, 

 and components.................................... 14,352 14,365 14,384 -0.1 -0.1 -0.5 14,454 14,635 14,422 13,378 8.0

 Electric lighting equipment................... 1,766 1,766 1,757 0.0 0.5 -0.1 1,765 1,786 1,742 1,641 7.6

 Household appliances.......................... 1,999 1,986 1,993 0.7 -0.4 1.3 1,982 2,034 1,975 2,065 -4.0

 Electrical equipment............................. 5,127 5,117 5,142 0.2 -0.5 -2.3 5,157 5,227 5,248 4,431 16.4

 Batteries............................................ 463 475 497 -2.5 -4.4 -0.8 464 465 477 590 -21.4

 Transportation equipment......................... 69,789 69,176 69,041 0.9 0.2 1.1 69,448 69,636 68,356 63,981 8.5

 Automobiles....................................... 2,471 2,473 2,575 -0.1 -4.0 16.3 2,383 2,496 2,563 1,966 21.2

 Light trucks and utility vehicles............. 3,249 3,168 3,092 2.6 2.5 -5.9 3,201 3,144 2,930 3,147 1.7

 Heavy duty trucks ............................... 1,394 1,243 1,277 12.1 -2.7 -11.9 1,407 1,257 1,260 1,267 11.0

 Motor vehicle bodies, parts, 

 and trailers...................................... 17,283 17,621 17,661 -1.9 -0.2 1.4 17,361 17,856 17,711 17,053 1.8

 Nondefense aircraft and parts............... 26,336 25,745 25,396 2.3 1.4 1.4 26,137 25,863 25,049 21,701 20.4

 Defense aircraft and parts..................... 11,764 11,589 11,650 1.5 -0.5 -0.3 11,718 11,585 11,460 11,439 2.4

 Ships and boats.................................. 2,469 2,485 2,502 -0.6 -0.7 -1.1 2,516 2,543 2,527 2,913 -13.6

 Furniture and related products................. 8,590 8,722 8,734 -1.5 -0.1 0.9 8,432 8,568 8,649 8,356 0.9

 Miscellaneous durable goods.................... 20,419 20,363 20,294 0.3 0.3 0.8 20,132 20,381 20,068 18,746 7.4

 Nondurable goods industries...................... 185,490 185,144 185,270 0.2 -0.1 -0.7 185,132 184,999 183,481 182,406 1.5

 Food products........................................ 34,407 34,459 34,525 -0.2 -0.2 -0.8 33,840 34,545 34,539 32,485 4.2

 Grain and oilseed milling........................ 4,338 4,280 4,298 1.4 -0.4 0.2 4,359 4,463 4,534 3,903 11.7

 Dairy products.................................... 3,826 3,827 3,807 0.0 0.5 -0.9 3,849 3,828 3,716 3,801 1.3

 Meat, poultry, and seafood products...... 6,233 6,237 6,229 -0.1 0.1 -1.2 6,284 6,237 6,133 5,883 6.8

 Beverage and tobacco products................ 15,768 15,733 15,656 0.2 0.5 0.8 15,896 15,938 15,983 15,724 1.1

 Beverages......................................... 11,445 11,411 11,325 0.3 0.8 1.1 11,552 11,473 11,423 11,163 3.5

 Tobacco............................................ 4,323 4,322 4,331 0.0 -0.2 0.1 4,344 4,465 4,560 4,561 -4.8

 Textile mills............................................ 3,322 3,383 3,391 -1.8 -0.2 -3.2 3,318 3,429 3,413 3,570 -7.1

 Textile products...................................... 2,955 2,992 3,019 -1.2 -0.9 -1.6 2,942 3,003 3,007 3,061 -3.9

 Apparel................................................. 4,112 4,148 4,178 -0.9 -0.7 -0.8 4,015 4,092 4,135 4,453 -9.8

 Leather and allied products...................... 791 796 801 -0.6 -0.6 1.1 768 798 811 689 11.5

 Paper products....................................... 14,628 14,662 14,660 -0.2 0.0 0.0 14,759 14,796 14,665 14,622 0.9

 Pulp, paper, and paperboard mills.......... 6,730 6,715 6,718 0.2 0.0 -0.9 6,816 6,782 6,733 6,574 3.7

 Paperboard containers......................... 3,881 3,914 3,898 -0.8 0.4 0.2 3,900 3,978 3,934 4,006 -2.6

 Printing.................................................. 5,958 6,007 6,002 -0.8 0.1 0.8 5,759 5,809 5,647 5,770 -0.2

 Petroleum and coal products..................... 27,955 27,397 27,001 2.0 1.5 -4.1 27,353 26,000 25,416 25,918 5.5

 Petroleum refineries............................. 25,132 24,612 24,225 2.1 1.6 -4.6 24,544 23,347 22,866 23,713 3.5

 Chemical products..................................... 56,731 56,747 57,112 0.0 -0.6 0.4 57,042 57,222 56,657 56,693 0.6

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,404 2,422 2,451 -0.7 -1.2 -2.3 2,778 2,894 2,780 2,946 -5.7

 Pharmaceuticals and medicines............. 20,491 20,880 20,994 -1.9 -0.5 2.3 20,262 20,593 20,150 19,215 5.4

 Paints, coatings, and adhesives............. 2,846 2,873 2,884 -0.9 -0.4 0.2 2,926 2,967 2,867 2,935 -0.3

 Plastics and rubber products..................... 18,863 18,820 18,925 0.2 -0.6 -0.1 19,440 19,367 19,208 19,399 0.2

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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2007/

2007p 2007r 2007 Mar. Feb. Jan. 2007p 2007r 2007 2006 2007p 2006 2006

SHIPMENTS

 All manufacturing industries .................. 392,854 386,907 389,107 1.5 -0.6 -1.7 417,129 366,328 359,517 425,124 1,142,974 1,158,540 -1.3

 Construction materials and supplies...... 42,198 41,628 41,781 1.4 -0.4 -2.9 43,540 37,885 37,287 44,966 118,712 122,532 -3.1

 Information technology......................... 26,882 27,491 27,092 -2.2 1.5 1.0 30,914 25,106 22,558 31,231 78,578 78,181 0.5

 Computers and related products .......... 5,924 6,491 6,312 -8.7 2.8 -1.3 7,008 5,751 5,128 7,927 17,887 18,932 -5.5

 Motor vehicle and parts........................ 38,408 37,304 37,036 3.0 0.7 -9.0 43,381 37,757 34,517 47,120 115,655 123,327 -6.2

 Capital goods...................................... 73,669 73,354 73,770 0.4 -0.6 -2.0 83,529 68,955 63,461 84,604 215,945 214,845 0.5

 Nondefense capital goods 3

.................. 65,506 64,943 65,506 0.9 -0.9 -2.3 74,679 60,763 56,727 76,012 192,169 192,559 -0.2

 Excluding aircraft............................. 60,290 59,905 59,951 0.6 -0.1 -3.1 67,855 55,913 53,214 69,119 176,982 177,913 -0.5

 Defense capital goods 4....................... 8,163 8,411 8,264 -2.9 1.8 0.3 8,850 8,192 6,734 8,592 23,776 22,286 6.7

 Consumer goods.................................. 152,712 148,221 146,766 3.0 1.0 -3.6 156,903 140,473 138,350 160,795 435,726 447,996 -2.7

 Consumer durable goods..................... 34,214 33,703 33,280 1.5 1.3 -7.2 38,481 33,119 30,238 41,536 101,838 108,326 -6.0

 Consumer nondurable goods............... 118,498 114,518 113,486 3.5 0.9 -2.4 118,422 107,354 108,112 119,259 333,888 339,670 -1.7

 All manufacturing industries 5

................. 400,207 388,341 382,821 3.1 1.4 -5.7 426,918 369,295 364,127 436,533 1,160,340 1,172,737 -1.1

 Construction materials and supplies...... 42,100 42,578 42,568 -1.1 0.0 -0.4 44,425 39,217 38,465 46,532 122,107 125,264 -2.5

 Information technology......................... 27,918 27,416 26,889 1.8 2.0 -10.6 32,358 25,836 23,748 35,185 81,942 84,242 -2.7

 Computers and related products .......... 6,197 6,382 6,235 -2.9 2.4 -3.7 7,281 5,642 5,051 7,949 17,974 18,576 -3.2

 Motor vehicle and parts........................ 38,322 37,083 37,011 3.3 0.2 -9.8 43,028 37,741 35,099 47,171 115,868 124,682 -7.1

 Capital goods...................................... 86,990 79,859 73,485 8.9 8.7 -18.3 98,580 75,042 70,331 98,787 243,953 237,380 2.8

 Nondefense capital goods 3

.................. 80,137 71,688 65,409 11.8 9.6 -20.2 89,136 67,106 61,810 85,759 218,052 212,103 2.8

 Excluding aircraft............................. 63,117 60,204 61,705 4.8 -2.4 -6.2 70,983 58,435 58,009 71,837 187,427 188,542 -0.6

 Defense capital goods 4....................... 6,853 8,171 8,076 -16.1 1.2 1.4 9,444 7,936 8,521 13,028 25,901 25,277 2.5

 Consumer goods.................................. 152,506 148,357 147,075 2.8 0.9 -3.2 156,465 140,738 138,976 160,104 436,179 447,949 -2.6

 Consumer durable goods..................... 34,008 33,839 33,589 0.5 0.7 -5.8 38,043 33,384 30,864 40,845 102,291 108,279 -5.5

 Consumer nondurable goods.............. 118,498 114,518 113,486 3.5 0.9 -2.4 118,422 107,354 108,112 119,259 333,888 339,670 -1.7

 All manufacturing industries 5................. 717,250 704,330 696,717 1.8 1.1 0.3 728,595 713,006 703,805 607,864 (X) (X) 19.9

 Construction materials and supplies...... 45,420 45,518 44,568 -0.2 2.1 1.8 45,630 44,745 43,413 42,106 (X) (X) 8.4

 Information technology......................... 118,784 117,748 117,823 0.9 -0.1 -0.2 120,701 119,257 118,527 108,424 (X) (X) 11.3

 Computers and related products .......... 4,551 4,278 4,387 6.4 -2.5 -1.7 4,551 4,278 4,387 4,346 (X) (X) 4.7

 Motor vehicle and parts........................ 19,583 19,669 19,890 -0.4 -1.1 -0.1 20,231 20,584 20,600 18,447 (X) (X) 9.7

 Capital goods...................................... 531,646 518,325 511,820 2.6 1.3 -0.1 539,975 524,924 518,837 437,230 (X) (X) 23.5

 Nondefense capital goods 3..................394,594 379,963 373,218 3.9 1.8 0.0 398,802 384,345 378,002 306,458 (X) (X) 30.1

 Excluding aircraft............................. 173,230 170,403 170,104 1.7 0.2 1.0 176,114 172,986 170,464 149,835 (X) (X) 17.5

 Defense capital goods 4

....................... 137,052 138,362 138,602 -0.9 -0.2 -0.1 141,173 140,579 140,835 130,772 (X) (X) 8.0

 Consumer goods.................................. 8,992 9,198 9,062 -2.2 1.5 3.5 9,005 9,443 9,178 8,635 (X) (X) 4.3

 Consumer durable goods..................... 8,992 9,198 9,062 -2.2 1.5 3.5 9,005 9,443 9,178 8,635 (X) (X) 4.3 

 All manufacturing industries .................. 483,988 483,034 482,875 0.2 0.0 0.0 482,480 485,412 479,985 457,401 (X) (X) 5.5

 Construction materials and supplies...... 56,340 56,332 56,278 0.0 0.1 0.5 57,075 57,185 55,955 53,864 (X) (X) 6.0

 Information technology......................... 37,958 38,206 38,372 -0.6 -0.4 1.3 37,026 38,546 38,247 35,878 (X) (X) 3.2

 Computers and related products .......... 4,414 4,414 4,449 0.0 -0.8 -0.3 4,133 4,420 4,329 3,963 (X) (X) 4.3

 Motor vehicle and parts........................ 24,397 24,505 24,605 -0.4 -0.4 1.0 24,352 24,753 24,464 23,433 (X) (X) 3.9

 Capital goods...................................... 131,246 130,773 130,381 0.4 0.3 0.1 130,325 131,888 129,692 121,099 (X) (X) 7.6

 Nondefense capital goods 3..................117,027 116,516 116,113 0.4 0.3 0.0 116,108 117,589 115,439 106,688 (X) (X) 8.8

 Excluding aircraft............................. 97,304 97,520 97,455 -0.2 0.1 0.6 96,453 98,483 97,032 89,995 (X) (X) 7.2

 Defense capital goods 4....................... 14,219 14,257 14,268 -0.3 -0.1 1.2 14,217 14,299 14,253 14,411 (X) (X) -1.3

 Consumer goods.................................. 143,166 143,067 142,839 0.1 0.2 -0.5 141,315 141,931 140,730 136,928 (X) (X) 3.2

 Consumer durable goods..................... 27,793 27,741 27,717 0.2 0.1 1.2 27,262 27,861 27,549 26,223 (X) (X) 4.0

 Consumer nondurable goods............... 115,373 115,326 115,122 0.0 0.2 -0.8 114,053 114,070 113,181 110,705 (X) (X) 3.0

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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. Mar.

2007p 2007r 2007 Mar. Feb. Jan. 2007p 2007r 2007 2006 07/06

MATERIALS AND SUPPLIES

 All manufacturing industries..................... 165,055 165,031 165,083 0.0 0.0 0.3 164,349 165,191 165,030 158,234 3.9

 Durable goods industries........................ 101,038 101,094 101,449 -0.1 -0.3 0.3 100,150 101,293 101,544 94,079 6.5

 Wood products................................... 4,641 4,646 4,628 -0.1 0.4 -0.2 4,504 4,732 4,816 4,854 -7.2

 Nonmetallic mineral products............... 4,356 4,333 4,337 0.5 -0.1 1.9 4,350 4,336 4,306 3,985 9.2

 Primary metals.................................... 10,743 10,668 10,878 0.7 -1.9 -1.7 10,457 10,477 10,959 9,162 14.1

 Fabricated metal products..................... 14,668 14,615 14,567 0.4 0.3 0.1 14,763 14,824 14,587 13,023 13.4

 Machinery.......................................... 17,728 17,701 17,704 0.2 0.0 1.9 17,582 17,699 17,785 15,643 12.4

 Computers and electronic products ...... 15,835 15,959 16,150 -0.8 -1.2 0.0 15,621 15,978 16,027 15,069 3.7

 Electrical equipment, appliances,

 and components............................... 5,795 5,791 5,791 0.1 0.0 -0.6 5,801 5,896 5,830 5,330 8.8

 Transportation equipment..................... 16,928 17,076 17,036 -0.9 0.2 -0.2 16,871 17,079 16,904 17,128 -1.5

 Furniture and related products............... 3,561 3,551 3,592 0.3 -1.1 2.6 3,549 3,530 3,591 3,548 0.0

 Miscellaneous products........................ 6,783 6,754 6,766 0.4 -0.2 0.4 6,652 6,742 6,739 6,337 5.0

 Nondurable goods industries.................... 64,017 63,937 63,634 0.1 0.5 0.2 64,199 63,898 63,486 64,155 0.1

 Food products.................................... 11,908 12,038 12,051 -1.1 -0.1 1.1 11,865 12,211 12,311 11,423 3.9

 Beverage and tobacco products............. 4,580 4,626 4,646 -1.0 -0.4 -0.4 4,605 4,699 4,834 4,699 -2.0

 Textiles.............................................. 1,032 1,028 1,014 0.4 1.4 -2.9 1,041 1,037 1,022 1,065 -2.3

 Textile products.................................. 1,288 1,275 1,273 1.0 0.2 -1.9 1,281 1,259 1,264 1,287 -0.5

 Apparel............................................. 1,141 1,155 1,162 -1.2 -0.6 0.3 1,135 1,162 1,167 1,195 -5.0

 Leather and allied products................... 252 252 255 0.0 -1.2 3.2 244 248 251 213 14.6

 Paper products.................................... 7,017 7,068 7,063 -0.7 0.1 1.2 7,096 7,125 7,072 7,141 -0.6

 Printing ............................................. 2,797 2,889 2,887 -3.2 0.1 -1.7 2,761 2,812 2,755 2,877 -4.0

 Petroleum and coal products................ 9,309 9,158 8,757 1.6 4.6 2.5 9,312 8,728 8,251 9,251 0.7

 Chemical products................................ 17,273 17,045 17,065 1.3 -0.1 -1.5 17,379 17,099 16,993 17,504 -0.7

 Plastics and rubber products.................. 7,420 7,403 7,461 0.2 -0.8 1.1 7,480 7,518 7,566 7,674 -2.5

WORK IN PROCESS

 All manufacturing industries..................... 136,001 135,806 135,868 0.1 0.0 0.6 135,210 136,345 134,879 123,847 9.2

 Durable goods industries........................ 105,799 105,696 105,793 0.1 -0.1 0.7 105,191 106,448 105,208 95,488 10.2

 Wood products................................... 2,083 2,094 2,051 -0.5 2.1 1.1 2,076 2,090 2,039 2,094 -0.9

 Nonmetallic mineral products............... 1,316 1,312 1,322 0.3 -0.8 1.3 1,387 1,371 1,316 1,219 13.8

 Primary metals.................................... 9,783 9,632 9,542 1.6 0.9 1.2 9,824 9,727 9,632 8,252 19.0

 Fabricated metal products..................... 10,939 11,038 11,152 -0.9 -1.0 0.5 10,961 11,124 11,095 10,211 7.3

 Machinery.......................................... 13,826 13,789 13,664 0.3 0.9 -0.6 13,685 13,781 13,303 12,916 6.0

 Computers and electronic products ...... 20,863 21,306 21,364 -2.1 -0.3 0.8 20,113 21,349 21,228 19,058 5.5

 Electrical equipment, appliances,

 and components............................... 2,919 2,910 2,903 0.3 0.2 -1.1 2,941 2,951 2,886 2,733 7.6

 Transportation equipment..................... 39,518 38,895 39,024 1.6 -0.3 1.2 39,663 39,346 39,046 34,382 15.4

 Furniture and related products............... 1,452 1,559 1,552 -6.9 0.5 -0.8 1,447 1,550 1,552 1,603 -9.7

 Miscellaneous products........................ 3,100 3,161 3,219 -1.9 -1.8 1.6 3,094 3,159 3,111 3,020 2.5

 Nondurable goods industries.................... 30,202 30,110 30,075 0.3 0.1 0.0 30,019 29,897 29,671 28,359 5.9

 Food products.................................... 2,637 2,668 2,743 -1.2 -2.7 -4.1 2,567 2,692 2,808 2,267 13.2

 Beverage and tobacco products............. 4,997 4,986 4,833 0.2 3.2 -0.4 5,011 5,146 5,091 4,641 8.0

 Textiles.............................................. 748 802 827 -6.7 -3.0 -0.7 741 812 833 967 -23.4

 Textile products.................................. 381 406 412 -6.2 -1.5 -3.5 382 410 408 462 -17.3

 Apparel............................................. 770 775 761 -0.6 1.8 -4.6 763 775 760 859 -11.2

 Leather and allied products................... 92 95 92 -3.2 3.3 5.7 94 97 91 106 -11.3

 Paper products.................................... 1,147 1,155 1,147 -0.7 0.7 -2.1 1,143 1,148 1,146 1,150 -0.6

 Printing ............................................. 1,434 1,410 1,384 1.7 1.9 0.9 1,359 1,353 1,274 1,387 -2.0

 Petroleum and coal products................ 4,797 4,443 4,277 8.0 3.9 -7.9 4,917 4,248 3,989 3,358 46.4

 Chemical products................................ 11,065 11,245 11,483 -1.6 -2.1 5.0 10,831 11,021 11,109 10,867 -0.3

 Plastics and rubber products.................. 2,134 2,125 2,116 0.4 0.4 0.8 2,211 2,195 2,162 2,124 4.1

FINISHED GOODS

 All manufacturing industries..................... 182,932 182,197 181,924 0.4 0.2 -0.7 182,921 183,876 180,076 175,320 4.3

 Durable goods industries........................ 91,661 91,100 90,363 0.6 0.8 0.2 92,007 92,672 89,752 85,428 7.7

 Wood products................................... 4,239 4,193 4,252 1.1 -1.4 -0.7 4,542 4,322 4,121 4,636 -2.0

 Nonmetallic mineral products............... 5,721 5,744 5,707 -0.4 0.6 -2.5 5,882 5,921 5,729 5,444 8.0

 Primary metals.................................... 9,470 9,421 9,360 0.5 0.7 -1.4 9,675 9,658 9,447 8,632 12.1

 Fabricated metal products..................... 12,882 12,770 12,750 0.9 0.2 0.4 13,213 13,003 12,753 12,193 8.4

 Machinery.......................................... 16,554 16,652 16,425 -0.6 1.4 0.6 16,971 17,356 16,588 15,783 7.5

 Computers and electronic products ...... 9,701 9,391 9,299 3.3 1.0 -0.3 9,276 9,445 9,278 8,360 11.0

 Electrical equipment, appliances,

 and components............................... 5,638 5,664 5,690 -0.5 -0.5 -0.2 5,712 5,788 5,706 5,315 7.5

 Transportation equipment..................... 13,343 13,205 12,981 1.0 1.7 2.3 12,914 13,211 12,406 12,471 3.6

 Furniture and related products............... 3,577 3,612 3,590 -1.0 0.6 0.0 3,436 3,488 3,506 3,205 7.2

 Miscellaneous products........................ 10,536 10,448 10,309 0.8 1.3 0.7 10,386 10,480 10,218 9,389 10.6

 Nondurable goods industries.................... 91,271 91,097 91,561 0.2 -0.5 -1.5 90,914 91,204 90,324 89,892 1.1

 Food products.................................... 19,862 19,753 19,731 0.6 0.1 -1.4 19,408 19,642 19,420 18,795 3.3

 Beverage and tobacco products............. 6,191 6,121 6,177 1.1 -0.9 2.7 6,280 6,093 6,058 6,384 -1.6

 Textiles.............................................. 1,542 1,553 1,550 -0.7 0.2 -4.6 1,536 1,580 1,558 1,538 -0.1

 Textile products.................................. 1,286 1,311 1,334 -1.9 -1.7 -0.8 1,279 1,334 1,335 1,312 -2.5

 Apparel............................................. 2,201 2,218 2,255 -0.8 -1.6 0.0 2,117 2,155 2,208 2,399 -11.8

 Leather and allied products................... 447 449 454 -0.4 -1.1 -0.9 430 453 469 370 16.2

 Paper products.................................... 6,464 6,439 6,450 0.4 -0.2 -1.0 6,520 6,523 6,447 6,331 3.0

 Printing ............................................. 1,727 1,708 1,731 1.1 -1.3 5.0 1,639 1,644 1,618 1,506 8.8

 Petroleum and coal products................ 13,849 13,796 13,967 0.4 -1.2 -6.6 13,124 13,024 13,176 13,309 -1.4

 Chemical products................................ 28,393 28,457 28,564 -0.2 -0.4 -0.2 28,832 29,102 28,555 28,322 1.8

 Plastics and rubber products.................. 9,309 9,292 9,348 0.2 -0.6 -1.3 9,749 9,654 9,480 9,601 1.5

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 Mar Feb Jan Dec Mar Feb Jan Dec

2007p 2007r 2007 2006 2007p 2007r 2007 2006

 All manufacturing industries2

...... 1.23 1.25 1.24 1.22 (X) (X) (X) (X)

Durable goods industries2

................... 1.44 1.45 1.42 1.40 4.92 4.88 4.82 4.71

 Wood products................................ 1.52 1.52 1.47 1.30 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.16 1.19 1.20 1.17 (X) (X) (X) (X)

 Primary metals................................. 1.60 1.61 1.58 1.58 1.38 1.41 1.40 1.38

 Fabricated metal products............... 1.55 1.55 1.54 1.54 2.26 2.28 2.25 2.22

 Machinery....................................... 1.75 1.80 1.83 1.68 3.27 3.31 3.36 3.03

 Computers and electronic products 2

.. 1.39 1.35 1.28 1.41 5.02 4.85 4.90 4.98

 Electrical equipment, appliances,

 and components............................. 1.36 1.39 1.38 1.43 2.41 2.44 2.44 2.41

 Transportation equipment................. 1.26 1.27 1.25 1.17 11.06 10.98 10.56 10.35

 Furniture and related products........... 1.17 1.21 1.21 1.15 1.11 1.14 1.12 1.05

 Miscellaneous products.................... 1.60 1.59 1.58 1.57 (X) (X) (X) (X)

Nondurable goods industries.............. 1.00 1.02 1.03 1.02 (X) (X) (X) (X)

 Food products................................... 0.77 0.77 0.77 0.78 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.52 1.58 1.57 1.60 (X) (X) (X) (X)

 Textiles.......................................... 1.25 1.24 1.21 1.31 (X) (X) (X) (X)

 Textile products............................... 1.12 1.12 1.10 1.10 (X) (X) (X) (X)

 Apparel.......................................... 1.38 1.43 1.45 1.43 (X) (X) (X) (X)

 Leather and allied products............... 1.45 1.52 1.61 1.70 (X) (X) (X) (X)

 Paper products................................ 1.09 1.10 1.09 1.02 (X) (X) (X) (X)

 Printing.......................................... 0.77 0.78 0.77 0.77 (X) (X) (X) (X)

 Petroleum and coal products............ 0.78 0.84 0.85 0.81 (X) (X) (X) (X)

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

 Plastics and rubber products.............. 1.14 1.15 1.14 1.13 (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.

Mar2 Mar2 Mar2 Mar2

Industry 2006- 2006- 2006- 2006-

Mar1 Feb Mar1 Feb Mar1 Feb Mar1 Feb

2007 2007 2007 2007 2007 2007 2007 2007

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

Durable goods industries...................... 0.0 0.2 0.3 0.4 0.0 0.1 -0.1 0.2

 Wood products................................... (X) 1.6 (X) (NA) (X) (NA) (X) 0.5

 Nonmetallic mineral products.............. (X) 0.6 (X) (NA) (X) (NA) (X) 0.2

 Primary metals.................................... 0.2 0.6 0.5 1.5 0.3 0.7 -0.3 0.3

 Fabricated metal products................... -0.1 0.3 -2.3 0.8 -1.0 0.4 0.1 0.3

 Machinery.......................................... 0.4 0.5 0.5 1.3 0.0 0.5 -0.3 0.3

 Computers and electronic products ..... -0.3 0.5 0.5 1.0 0.2 0.2 -0.1 0.3

 Electrical equipment, appliances,

 and components............................. 0.1 0.6 -1.7 1.2 -1.0 0.5 0.0 0.4

 Transportation equipment................... 0.3 0.7 1.5 1.1 0.2 0.1 0.0 0.2

 Furniture and related products............. (X) 0.4 (X) 0.8 (X) 0.6 (X) 0.2

 Miscellaneous products...................... (X) 0.6 (X) 0.8 (X) 1.0 (X) 0.3

Nondurable goods industries.................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

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

 Beverage and tobacco products............ (X) 0.9 (X) (NA) (X) (NA) (X) 0.3

 Textiles............................................. (X) 0.9 (X) (NA) (X) (NA) (X) 0.8

 Textile products................................. (X) 1.0 (X) (NA) (X) (NA) (X) 0.4

 Apparel.............................................. (X) 1.0 (X) (NA) (X) (NA) (X) 1.3

 Leather and allied products.................. (X) 2.9 (X) (NA) (X) (NA) (X) 1.1

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

 Printing.............................................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

 Petroleum and coal products............... (X) 1.0 (X) (NA) (X) (NA) (X) 1.3

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

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

X Not Applicable NA Not Available

1

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

 publication.

2

 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
9

NOTICE

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

May 18, 2007. These revisions reflect:

• benchmarking the shipments and inventory data to the 2005 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 2007 January through March data. Please call Chris Savage on

(301)763-4832 with questions.

Survey Description 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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