Data Inquiries Media Inquiries

Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) Public Information Office

301‐763‐4832   301‐763‐3030

eid.m3.qs@census.gov pio@census.gov

FOR RELEASE AT 8:30 AM EST, FRIDAY, JANUARY 26, 2018 

MONTHLY ADVANCE REPORT ON MANUFACTURERS’ SHIPMENTS, 

INVENTORIES AND ORDERS DECEMBER 2017 

Release Number: CB 18-11 M3-1 (17)-12 

January 26, 2018 — The U.S. Census Bureau announces the December advance report on manufacturers’ 

shipments, inventories and orders: 

New Orders 

New orders for manufactured durable goods in December increased $7.0 billion or 2.9 percent to $249.4 

billion, the U.S. Census Bureau announced today. This increase, up four of the last five months, followed a 

1.7 percent November increase. Excluding transportation, new orders increased 0.6 percent. Excluding 

defense, new orders increased 2.2 percent. Transportation equipment, also up four of the last five months, 

led the increase, $6.0 billion or 7.4 percent to $87.2 billion. 

Shipments 

Shipments of manufactured durable goods in December, up seven of the last eight months, increased $1.5 

billion or 0.6 percent to $246.8 billion. This followed a 1.3 percent November increase. Fabricated metal 

products, also up seven of the last eight months, led the increase, $0.5 billion or 1.5 percent to $33.5 billion. 

Unfilled Orders 

Unfilled orders for manufactured durable goods in December, up four consecutive months, increased $6.9 

billion or 0.6 percent to $1,144.1 billion. This followed a 0.1 percent November increase. Transportation 

equipment, up following two consecutive monthly decreases, led the increase, $6.0 billion or 0.8 percent to 

$775.9 billion. 

DURABLE GOODS – NEW ORDERS

DECEMBER 2017 $249.4 billion             +2.9%°   

NOVEMBER 2017  

(revised) $242.4 billion             +1.7%°

Next release: February 27, 2018

Data adjusted for seasonal variation but not for price changes. 

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

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

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

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

confidence intervals be computed.

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

% Change 0.3% 1.4% 2.4% -0.8% 0.0% 6.4% -6.8% 2.1% 2.4% -0.4% 1.7% 2.9%

-7.0%

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

DURABLE GOODS NEW ORDERS 2016-2017

Seasonally Adjusted, Month-To-Month Percentage Change

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

Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) Public Information Office

301‐763‐4832   301‐763‐3030

eid.m3.qs@census.gov pio@census.gov

Inventories 

Inventories of manufactured durable goods in December, up seventeen of the last eighteen months, 

increased $1.3 billion or 0.3 percent to $406.5 billion. This followed a 0.2 percent November increase. 

Machinery, up ten of the last eleven months, led the increase, $0.4 billion or 0.6 percent to $70.4 billion. 

Capital Goods 

Nondefense new orders for capital goods in December decreased $0.1 billion or 0.1 percent to $75.1 billion. 

Shipments decreased $0.3 billion or 0.4 percent to $74.3 billion. Unfilled orders increased $0.9 billion or 

0.1 percent to $707.3 billion. Inventories increased $0.4 billion or 0.2 percent to $180.9 billion. Defense 

new orders for capital goods in December increased $2.1 billion or 19.5 percent to $12.8 billion. Shipments 

decreased less than $0.1 billion or 0.2 percent to $11.1 billion. Unfilled orders increased $1.7 billion or 1.2 

percent to $143.8 billion. Inventories increased $0.2 billion or 0.7 percent to $23.2 billion. 

Revised November Data

Revised seasonally adjusted November figures for all manufacturing industries were: new orders, $489.6 

billion (revised from $488.1 billion); shipments, $492.5 billion (revised from $491.2 billion); unfilled 

orders, $1,137.2 billion (revised from $1,137.1 billion) and total inventories, $665.2 billion (revised from 

$665.1 billion). 

Revised and more detailed estimates, plus nondurable goods data, will be published on February 2, 2018, at 

10:00 a.m. EST. The Advance Report on durable goods for January is scheduled for release on February 27, 

2018 at 8:30 a.m. EST. View the full schedule in the Economic Briefing 

Room:<www.census.gov/economic-indicators/>. The full text and tables of this release can be found at 

<www.census.gov/m3>. 

EXPLANATORY NOTES 

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

data for semiconductor manufacturing. 

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

Description of the survey 

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

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

survey provides statistics on a calendar-month basis for manufacturers' value of shipments, new orders (net 

of cancellations), end-of-month order backlog (unfilled orders), end-of-month total inventory (at current 

cost or market value), and inventories by stage of fabrication (materials and supplies, work-in-process, and 

finished goods). Data published from the M3 survey are based on a panel of approximately 5,000 reporting 

units that represent approximately 3,100 companies and provide an indication of month-to-month change for 
Data Inquiries Media Inquiries

Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) Public Information Office

301‐763‐4832   301‐763‐3030

eid.m3.qs@census.gov pio@census.gov

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

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

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

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

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

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

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

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

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

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

sample; therefore, the sampling errors that are normally provided with sample surveys cannot be measured. 

Nonsampling errors are attributable to many sources. The use of company or divisional reports to estimate 

the monthly change for establishments is one source of nonsampling error. The use of primarily large 

companies to represent the month-to-month movement of all companies is another potential source. Any 

corrections will be published in the full report. Corrections received after the full report will be released in 

the next month’s advance report. Any revisions made later than two months will be reflected in the annual 

benchmark publication. Additional survey documentation can be found on our web site: 

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

API 

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

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

before. 

www.census.gov/developers/. 

###
Table 1. Durable Goods Manufacturers' Shipments and New Orders 1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly Year to Date

Item Percent

Dec Nov Oct Nov - Oct - Sep - Dec Nov Dec Change

2017 2 2017 r 2017 Dec 2 Nov r Oct 2017 2 2017 r 2016 2017 2016 2017/2016

DURABLE GOODS

 Total: 

 Shipments................................ 246,812 245,318 242,170 0.6 1.3 0.5 239,636 238,921 230,554 2,854,947 2,741,945 4.1

 New Orders4

.............................. 249,448 242,436 238,324 2.9 1.7 -0.4 253,605 236,874 231,211 2,823,251 2,668,898 5.8

 Excluding transportation:

 Shipments................................ 165,583 163,828 162,934 1.1 0.5 1.0 160,866 158,010 152,225 1,907,134 1,806,235 5.6

 New Orders4

.............................. 162,246 161,244 160,704 0.6 0.3 1.4 156,625 153,671 146,814 1,870,611 1,760,234 6.3

 Excluding defense:

 Shipments................................ 233,661 232,240 229,160 0.6 1.3 0.4 224,668 225,035 216,706 2,704,815 2,602,570 3.9

 New Orders4

.............................. 235,129 230,016 226,569 2.2 1.5 0.0 234,613 224,577 212,844 2,675,768 2,525,899 5.9

 Manufacturing with unfilled orders:

 Shipments................................ 173,806 172,942 170,010 0.5 1.7 0.0 171,795 167,866 163,889 2,009,950 1,912,675 5.1

 New Orders.............................. 180,671 174,302 170,583 3.7 2.2 -1.4 189,649 170,850 169,131 2,031,347 1,891,480 7.4

 Primary metals:

 Shipments................................ 20,677 20,200 19,966 2.4 1.2 1.7 18,265 18,925 16,620 233,806 211,043 10.8

 New Orders.............................. 20,836 20,556 20,227 1.4 1.6 2.2 18,737 19,699 16,890 235,933 212,406 11.1

 Fabricated metal products:

 Shipments................................ 33,462 32,983 32,736 1.5 0.8 0.9 30,503 31,664 28,531 383,562 356,902 7.5

 New Orders.............................. 33,582 33,275 33,275 0.9 0.0 -0.4 29,898 31,162 27,522 389,078 356,269 9.2

 Machinery:

 Shipments................................ 32,683 32,512 32,535 0.5 -0.1 0.9 32,955 30,265 31,288 376,306 357,745 5.2

 New Orders.............................. 33,169 32,983 32,987 0.6 0.0 2.8 32,777 30,625 30,275 381,228 354,469 7.5

 Computers and electronic products4

:

 Shipments................................ 27,979 27,924 27,775 0.2 0.5 0.7 31,115 28,273 29,698 324,904 309,579 5.0

 New Orders.............................. 23,867 23,919 24,128 -0.2 -0.9 1.6 27,836 23,150 26,333 275,003 262,806 4.6

 Computers and related products:

 Shipments................................ 1,791 1,889 1,956 -5.2 -3.4 1.6 2,475 1,668 2,770 23,406 23,802 -1.7

 New Orders.............................. 1,825 1,909 1,987 -4.4 -3.9 1.4 2,509 1,688 2,779 23,722 23,812 -0.4

 Communications equipment:

 Shipments................................ 3,277 3,193 3,155 2.6 1.2 2.7 4,201 2,982 3,747 36,618 34,928 4.8

 New Orders.............................. 3,261 3,368 3,587 -3.2 -6.1 2.5 4,195 3,073 4,030 38,977 37,216 4.7

 Electrical equipment, appliances, 

 and components: 

 Shipments................................ 10,179 10,145 10,185 0.3 -0.4 0.5 9,937 10,039 9,961 120,985 118,919 1.7

 New Orders.............................. 10,251 10,340 10,323 -0.9 0.2 1.0 10,176 10,037 10,507 121,597 121,714 -0.1

 Transportation equipment: 

 Shipments................................ 81,229 81,490 79,236 -0.3 2.8 -0.4 78,770 80,911 78,329 947,813 935,710 1.3

 New Orders.............................. 87,202 81,192 77,620 7.4 4.6 -4.0 96,980 83,203 84,397 952,640 908,664 4.8

 Motor vehicles and parts:

 Shipments................................ 56,570 56,188 55,312 0.7 1.6 1.4 50,074 55,378 49,616 653,334 642,242 1.7

 New Orders.............................. 56,757 56,510 55,395 0.4 2.0 1.5 51,074 55,985 50,307 655,104 640,831 2.2

 Nondefense aircraft and parts:

 Shipments................................ 11,310 12,039 10,809 -6.1 11.4 -12.2 14,025 12,062 14,858 141,008 146,046 -3.4

 New Orders.............................. 14,460 12,478 10,936 15.9 14.1 -15.8 26,155 15,297 16,857 146,464 119,532 22.5

 Defense aircraft and parts:

 Shipments................................ 4,208 4,188 4,276 0.5 -2.1 6.7 5,162 4,373 4,693 48,624 46,523 4.5

 New Orders.............................. 5,329 3,432 3,317 55.3 3.5 -7.0 7,459 3,342 4,839 49,382 50,839 -2.9

 All other durable goods: 

 Shipments................................ 40,603 40,064 39,737 1.3 0.8 1.1 38,091 38,844 36,127 467,571 452,047 3.4

 New Orders.............................. 40,541 40,171 39,764 0.9 1.0 1.5 37,201 38,998 35,287 467,772 452,570 3.4

 Capital goods3

:

 Shipments................................ 85,352 85,695 84,041 -0.4 2.0 -0.6 92,884 83,474 88,015 987,092 943,511 4.6

 New Orders.............................. 87,922 85,925 83,598 2.3 2.8 -3.8 104,947 85,416 93,736 996,710 927,416 7.5

 Nondefense capital goods:

 Shipments................................ 74,266 74,585 73,082 -0.4 2.1 -1.0 80,541 71,625 76,771 861,214 828,683 3.9

 New Orders.............................. 75,116 75,205 73,543 -0.1 2.3 -3.0 88,035 75,418 78,395 872,862 808,436 8.0

 Excluding aircraft:

 Shipments........................... 67,052 66,685 66,452 0.6 0.4 1.2 70,868 63,625 66,370 770,592 734,805 4.9

 New Orders.......................... 67,135 67,342 67,220 -0.3 0.2 0.8 69,875 63,938 65,360 776,632 737,706 5.3

 Defense capital goods:

 Shipments................................ 11,086 11,110 10,959 -0.2 1.4 2.5 12,343 11,849 11,244 125,878 114,828 9.6

 New Orders.............................. 12,806 10,720 10,055 19.5 6.6 -9.8 16,912 9,998 15,341 123,848 118,980 4.1

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

1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of 

shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, 

as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 2 Based on advance sample. Estimates of manufacturers' shipments, inventories, and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of 

coverage, response and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations, see 

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

3

 The Capital Goods Industries include Nondefense : small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery; industrial machinery; vending, laundry, and other 

machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; 

computer storage devices; other computer peripheral equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical 

equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment and supplies. Defense Capital Goods include : small arms and 

ordnance, communications equipment, aircraft; missiles, space vehicles, and parts, ships and boats, and search and navigation equipment. 4

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

orders and unfilled orders exclude semiconductor industry data. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, December Advance Report, January 26, 2018. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 2. Durable Goods Manufacturers' Unfilled Orders and Total Inventories 1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly Percent

Item Change

Dec Nov Oct Nov - Oct - Sep - Dec Nov Dec 2017/

2017 2 2017 r 2017 Dec 2 Nov r Oct 2017 2 2017 r 2016 2016

DURABLE GOODS

 Total: 

 Unfilled Orders4......................... 1,144,099 1,137,234 1,135,874 0.6 0.1 0.1 1,144,139 1,126,285 1,122,742 1.9

 Total Inventories....................... 406,535 405,239 404,393 0.3 0.2 0.2 396,078 405,482 380,826 4.0

 Excluding transportation:

 Unfilled Orders4

......................... 368,222 367,330 365,672 0.2 0.5 0.6 361,233 361,589 344,663 4.8

 Total Inventories....................... 275,741 274,685 273,486 0.4 0.4 0.3 268,644 274,411 253,939 5.8

 Excluding defense:

 Unfilled Orders4

........................... 966,475 960,778 958,760 0.6 0.2 0.2 966,900 953,070 942,854 2.6

 Total Inventories....................... 379,069 377,949 376,768 0.3 0.3 0.2 368,843 378,248 355,075 3.9

 Manufacturing with unfilled orders:

 Unfilled Orders......................... 1,144,099 1,137,234 1,135,874 0.6 0.1 0.1 1,144,139 1,126,285 1,122,742 1.9

 Total Inventories....................... 330,781 329,932 329,064 0.3 0.3 0.3 322,124 330,326 309,737 4.0

 Primary metals:

 Unfilled Orders......................... 31,514 31,355 30,999 0.5 1.1 0.8 31,069 30,597 28,942 7.3

 Total Inventories....................... 34,150 34,229 34,113 -0.2 0.3 1.1 33,991 34,109 31,100 9.3

 Fabricated metal products:

 Unfilled Orders......................... 81,265 81,145 80,853 0.1 0.4 0.7 78,775 79,380 73,259 7.5

 Total Inventories....................... 50,847 50,679 50,470 0.3 0.4 0.2 50,034 50,202 46,963 6.5

 Machinery: 

 Unfilled Orders......................... 102,315 101,829 101,358 0.5 0.5 0.4 100,571 100,749 95,649 5.1

 Total Inventories....................... 70,404 70,015 69,618 0.6 0.6 -0.1 67,877 70,632 64,238 5.7

 Computers and electronic products4

:

 Unfilled Orders......................... 119,898 119,781 119,544 0.1 0.2 0.6 119,100 118,494 115,908 2.8

 Total Inventories....................... 45,325 45,300 45,168 0.1 0.3 0.2 43,586 45,460 41,967 3.9

 Computers and related products:

 Unfilled Orders......................... 2,005 1,971 1,951 1.7 1.0 1.6 2,005 1,971 1,689 18.7

 Total Inventories....................... 4,387 4,364 4,380 0.5 -0.4 0.1 4,048 4,409 4,112 -1.6

 Communications equipment:

 Unfilled Orders......................... 28,447 28,463 28,288 -0.1 0.6 1.6 28,132 28,138 25,773 9.2

 Total Inventories....................... 4,595 4,594 4,577 0.0 0.4 0.9 4,387 4,707 4,266 2.8

 Electrical equipment, appliances, 

 and components: 

 Unfilled Orders......................... 22,837 22,765 22,570 0.3 0.9 0.6 22,249 22,010 21,637 2.8

 Total Inventories....................... 18,183 17,937 17,819 1.4 0.7 0.5 17,387 17,725 16,238 7.1

 Transportation equipment: 

 Unfilled Orders......................... 775,877 769,904 770,202 0.8 0.0 -0.2 782,906 764,696 778,079 0.6

 Total Inventories....................... 130,794 130,554 130,907 0.2 -0.3 0.0 127,434 131,071 126,887 0.4

 Motor vehicles and parts:

 Unfilled Orders......................... 24,449 24,262 23,940 0.8 1.3 0.3 24,670 23,670 22,900 7.7

 Total Inventories....................... 35,019 34,695 34,655 0.9 0.1 -1.0 33,880 34,809 33,933 -0.2

 Nondefense Aircraft and parts:

 Unfilled Orders......................... 582,278 579,128 578,689 0.5 0.1 0.0 589,235 577,105 583,779 0.9

 Total Inventories....................... 66,912 67,197 67,198 -0.4 0.0 0.6 65,034 67,515 65,731 -1.1

 Defense Aircraft and parts: 

 Unfilled Orders......................... 72,685 71,564 72,320 1.6 -1.0 -1.3 72,158 69,861 71,400 1.1

 Total Inventories....................... 13,414 13,353 13,431 0.5 -0.6 1.5 13,321 13,383 11,623 14.6

 All other durable goods: 

 Unfilled Orders......................... 10,393 10,455 10,348 -0.6 1.0 0.3 9,469 10,359 9,268 2.2

 Total Inventories....................... 56,832 56,525 56,298 0.5 0.4 0.3 55,769 56,283 53,433 4.4

 Capital goods3

:

 Unfilled Orders......................... 851,053 848,483 848,253 0.3 0.0 -0.1 853,795 841,732 844,177 1.1

 Total Inventories....................... 204,139 203,538 203,323 0.3 0.1 0.1 197,810 204,954 191,831 3.1

 Nondefense capital goods:

 Unfilled Orders......................... 707,285 706,435 705,815 0.1 0.1 0.1 710,337 702,843 698,689 1.7

 Total Inventories....................... 180,907 180,473 179,910 0.2 0.3 0.1 174,716 181,975 170,620 2.4

 Excluding aircraft: 

 Unfilled Orders.................... 229,438 229,355 228,698 0.0 0.3 0.3 225,605 226,598 219,565 2.8

 Total Inventories................... 125,534 124,773 124,318 0.6 0.4 0.0 121,187 125,963 116,224 4.3

 Defense capital goods:

 Unfilled Orders......................... 143,768 142,048 142,438 1.2 -0.3 -0.6 143,458 138,889 145,488 -1.4

 Total Inventories....................... 23,232 23,065 23,413 0.7 -1.5 0.2 23,094 22,979 21,211 8.9

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

1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of 

shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where 

appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 2

 Based on advance sample. Estimates of manufacturers' shipments, inventories, and orders are subject to survey error and revision. One major component of survey error is nonsampling error, 

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

design, methodology, and data limitations, see http://www.census.gov/manufacturing/m3. 3

 The Capital Goods Industries include Nondefense : small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery; industrial machinery; 

vending, laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material 

handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral equipment; communications equipment; search and navigation equipment; 

electromedical, measuring, and control instruments; electrical equipment; other electrical equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and 

boats; office and institutional furniture; and medical equipment and supplies. Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space 

vehicles, and parts, ships and boats, and search and navigation equipment. 4

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, December Advance Report, January 26, 2018. Information on data sources and methodology can be 

found on our website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.