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 10:00 AM EDT, FRIDAY, AUGUST 2, 2019 

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

JUNE 2019 

Release Number: CB 19‐104 M3‐2 (19)‐06 

August 2, 2019 — The U.S. Census Bureau announces the June full report on manufacturers’ shipments, 

inventories and orders: 

 MANUFACTURED GOODS – NEW ORDERS 

JUNE 2019  $493.8 billion     

MAY 2019  

(revised)  $490.7 billion     

+0.6%°

-1.3%°  

Next release: September 5, 2019 

Data adjusted for seasonal variation but not for price changes.

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. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, August 2, 2019. 

Summary 

New orders for manufactured goods in June, up following two consecutive monthly decreases, increased 

$3.1 billion or 0.6 percent to $493.8 billion, the U.S. Census Bureau reported today.  This followed a 1.3 

percent May decrease.  Shipments, up four of the last five months, increased $1.9 billion or 0.4 percent to 

$506.2 billion.  This followed a 0.1 percent May increase.  Unfilled orders, down four of the last five 

months, decreased $8.0 billion or 0.7 percent to $1,160.2 billion.  This followed a 0.8 percent May 

decrease.  The unfilled orders‐to‐shipments ratio was 6.53, down from 6.62 in May.  Inventories, up nine 

of the last ten months, increased $1.3 billion or 0.2 percent to $695.6 billion.  This followed a 0.2 percent 

May increase.  The inventories‐to‐shipments ratio was 1.37, down from 1.38 in May. 

New Orders 

New orders for manufactured durable goods in June, up following two consecutive monthly decreases, 

increased $4.5 billion or 1.9 percent to $245.4 billion, down from the previously published 2.0 percent 

increase.  This followed a 2.3 percent May decrease.  Transportation equipment, also up following two 

consecutive monthly decreases, led the increase, $2.9 billion or 3.7 percent to $80.4 billion.  New orders 

for manufactured nondurable goods decreased $1.3 billion or 0.5 percent to $248.4 billion.

Jul‐18 Aug‐18 Sep‐18 Oct‐18 Nov‐18 Dec‐18 Jan‐19 Feb‐19 Mar‐19 Apr‐19 May‐19 Jun‐19

% Change ‐0.3% 2.2% 1.0% ‐2.2% ‐0.5% 0.2% 0.1% ‐1.0% 1.3% ‐1.2% ‐1.3% 0.6%

‐4.0%

‐3.0%

‐2.0%

‐1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

MANUFACTURERS'  NEW ORDERS 2018‐2019

Seasonally  Adjusted,   Month‐To‐Month  Percentage  Change

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

August 2, 2019. 
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

Shipments 

Shipments of manufactured durable goods in June, up two consecutive months, increased $3.2 billion or 

1.3 percent to $257.7 billion, down from the previously published 1.4 percent increase.  This followed a 0.5 

percent May increase.  Transportation equipment, also up two consecutive months, led the increase, $2.6 

billion or 3.0 percent to $88.7 billion.  Shipments of manufactured nondurable goods, down two 

consecutive months, decreased $1.3 billion or 0.5 percent to $248.4 billion.  This followed a 0.3 percent 

May decrease.  Petroleum and coal products, also down two consecutive months, drove the decrease, $2.2 

billion or 4.1 percent to $52.1 billion. 

Unfilled Orders 

Unfilled orders for manufactured durable goods in June, down four of the last five months, decreased $8.0 

billion or 0.7 percent to $1,160.2 billion, unchanged from the previously published decrease.  This followed 

a 0.8 percent May decrease.  Transportation equipment, also down four of the last five months, drove the 

decrease, $8.3 billion or 1.0 percent to $792.5 billion. 

Inventories

Inventories of manufactured durable goods in June, up eleven of the last twelve months, increased $1.4 

billion or 0.3 percent to $426.0 billion, unchanged from the previously published increase.  This followed a 

0.5 percent May increase.  Transportation equipment, also up eleven of the last twelve months, led the 

increase, $1.2 billion or 0.9 percent to $139.7 billion.  Inventories of manufactured nondurable goods, 

down three consecutive months, decreased $0.1 billion or virtually unchanged to $269.6 billion.  This 

followed a 0.2 percent May decrease.  Petroleum and coal products, down two consecutive months, drove 

the decrease, $1.0 billion or 2.4 percent to $40.0 billion.  By stage of fabrication, June materials and 

supplies increased 0.1 percent in durable goods and increased 0.4 percent in nondurable goods.  Work in 

process increased 0.5 percent in durable goods and decreased 1.3 percent in nondurable goods.  Finished 

goods increased 0.5 percent in durable goods and increased 0.2 percent in nondurable goods.  

The Advance Report on durable goods for July is scheduled for release on August 26, 2019 at 8:30 a.m. EDT 

and the Full Report on September 5, 2019 at 10:00 a.m. EDT.  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>.
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

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

companies, large homogenous companies, or single‐unit manufacturers in 92 industry categories, which 

are combined into 65 publication levels due to the small monthly panel size.  The survey methodology 

assumes that the month‐to‐month changes of the total operations of the reporting units in the M3 panel 

effectively represent the month‐to‐month movements of all establishments that make up the category.  

The companies for which shipments data are currently reported or imputed in the M3 survey represent 

approximately 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  
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

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>.

RESOURCES 

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/>. 

NEW TIME SERIES 

Beginning with the release of June 2018 data on July 26, 2018, historical estimates of the Monthly Advance 

Report on Manufacturers’ Shipments, Inventories and Orders are available on a seasonally adjusted basis 

as well as a not seasonally adjusted basis at: <https://www.census.gov/econ/currentdata/>.   

FRED Mobile App 

Receive the latest updates on the nation’s key economic indicators by downloading 

the FRED App <https://fred.stlouisfed.org/fred‐mobile/> for both Apple and 

Android devices.  FRED, the signature database of the Federal Reserve Bank of St. 

Louis, now incorporates the Census Bureau’s 13 economic indicators. 

Notice of Revisions and Changes Due to Updated Seasonal Adjustment Models 

On May 16, 2019, monthly seasonally adjusted data for Manufacturers’ Shipments, Inventories, and 

Orders, based on the North American Industry Classification System, were revised for January 2002 

through March 2019.  There was no accompanying press release containing revised seasonally adjusted 

data for January through March of 2019, and historical data not seasonally adjusted were unchanged.   

These revisions to the historical seasonally adjusted data were based on the results of the recent annual 

review of the seasonal adjustment models.  Based on this review, the lists of series that are seasonally 

adjusted and not seasonally adjusted were updated.  Three unfilled orders series and one total inventories  
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

series that have been adjusted are no longer seasonally adjusted.  Conversely, two stage of fabrication  

series that have not been adjusted are now seasonally adjusted.  These changes were implemented on  

May 16, 2019 and were used to produce seasonally adjusted data from the Manufacturers’ Shipments, 

Inventories, and Orders Survey, beginning with the April 2019 Advance Report on Durable Goods released 

on May 24, 2019 and the Full Report released on June 4, 2019. 

### 
Table 1.  Value of Manufacturers' Shipments for Industry Groups

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

Industry % Change

June May Apr. May ‐ Apr. ‐ Mar. ‐ June May Apr. June 2019/

2019p 2019r 2019 June May Apr. 2019p 2019r 2019 2018 2019p 2018 2018

  All manufacturing industries.................. 506,153 504,257 503,881 0.4 0.1 ‐0.6 523,671 522,423 505,758 525,660 3,014,166 2,957,545 1.9

      Excluding transportation................... 417,464 418,142 418,357 ‐0.2 ‐0.1 0.3 430,276 433,669 421,445 433,348 2,483,834 2,452,963 1.3

      Excluding defense.............................. 491,191 489,184 488,816 0.4 0.1 ‐0.7 507,600 507,638 492,227 511,206 2,927,200 2,879,759 1.6

      With unfilled orders............................  177,697 176,432 176,076 0.7 0.2 ‐1.4 188,578 181,791 173,963 189,848 1,063,443 1,034,547 2.8

  Durable goods industries......................... 257,724 254,487 253,324 1.3 0.5 ‐1.6 271,219 261,851 252,345 269,575 1,533,618 1,484,342 3.3

  Wood products....................................... 9,148 9,117 9,113 0.3 0.0 0.1 9,839 10,002 9,729 10,303 54,646 56,283 ‐2.9

  Nonmetallic mineral products.................... 11,381 11,232 11,195 1.3 0.3 ‐0.1 11,962 12,043 11,460 11,796 65,674 63,550 3.3

  Primary metals....................................... 20,542 20,544 20,786 0.0 ‐1.2 ‐1.5 21,069 21,718 21,653 22,440 127,856 127,986 ‐0.1

      Iron and steel mills............................ 10,217 10,541 10,700 ‐3.1 ‐1.5 ‐1.5 10,494 11,222 11,186 11,289 65,312 63,139 3.4

      Aluminum and nonferrous metals.......... 8,845 8,486 8,535 4.2 ‐0.6 ‐1.8 8,984 8,874 8,844 9,635 53,263 56,413 ‐5.6

      Ferrous metal foundries....................... 1,480 1,517 1,551 ‐2.4 ‐2.2 0.4 1,591 1,622 1,623 1,516 9,281 8,434 10.0

  Fabricated metal products....................... 33,880 33,660 33,442 0.7 0.7 ‐0.6 35,058 35,243 33,879 34,683 201,810 194,513 3.8

  Machinery............................................. 33,509 33,284 33,057 0.7 0.7 0.3 35,530 34,836 33,774 35,455 201,548 196,760 2.4

      Farm machinery................................. 2,662 2,543 2,488 4.7 2.2 ‐9.0 2,611 2,699 3,295 2,706 17,330 16,715 3.7

      Construction machinery..................... 3,173 3,108 3,018 2.1 3.0 2.7 3,270 3,354 3,185 3,131 18,672 17,902 4.3

      Mining, oil field, and 

          gas field machinery.......................... 1,562 1,595 1,524 ‐2.1 4.7 10.3 1,526 1,547 1,409 1,517 8,594 9,033 ‐4.9

      Industrial machinery.......................... 2,802 2,745 2,699 2.1 1.7 3.5 3,216 2,631 2,524 3,025 15,734 15,248 3.2

      Photographic equipment...................... 532 540 563 ‐1.5 ‐4.1 6.0 598 512 522 643 3,247 3,165 2.6

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............ 4,174 4,166 4,121 0.2 1.1 1.2 5,144 4,749 4,062 4,966 24,908 23,200 7.4

      Metalworking machinery..................... 2,599 2,626 2,716 ‐1.0 ‐3.3 2.5 2,655 2,629 2,602 2,884 15,470 16,374 ‐5.5

      Turbines, generators, and other

          power transmission equipment....... 4,405 4,367 4,389 0.9 ‐0.5 1.0 4,473 4,535 4,483 4,230 26,489 24,942 6.2

      Material handling equipment............... 2,861 2,823 2,866 1.3 ‐1.5 ‐1.0 2,834 2,940 2,833 2,736 17,068 16,017 6.6

  Computers and electronic products

2

.......... 28,086 28,292 28,176 ‐0.7 0.4 1.4 30,442 26,653 25,854 29,261 161,684 153,545 5.3

      Computers........................................ 601 640 670 ‐6.1 ‐4.5 0.4 741 625 577 954 3,649 4,372 ‐16.5

      Computer storage devices..................... 342 353 374 ‐3.1 ‐5.6 16.1 547 264 261 417 1,964 1,591 23.4

      Other peripheral equipment................ 814 796 782 2.3 1.8 2.8 974 711 685 886 4,456 4,120 8.2

      Nondefense communications

          equipment.................................... 3,592 3,552 3,562 1.1 ‐0.3 1.3 4,383 3,294 3,218 4,041 20,531 18,386 11.7

      Defense communications equipment.... 317 282 261 12.4 8.0 ‐18.4 301 271 258 277 1,707 1,586 7.6

      Audio and video equipment.................... 334 335 311 ‐0.3 7.7 5.8 305 315 259 213 1,673 1,204 39.0

      Electronic components......................... 3,676 3,592 3,567 2.3 0.7 ‐1.4 4,081 3,661 3,445 3,799 21,386 20,859 2.5

      Nondefense search and navigation

          equipment...................................... 1,563 1,590 1,605 ‐1.7 ‐0.9 0.9 1,660 1,577 1,466 1,627 9,377 9,023 3.9

      Defense search and navigation

          equipment..................................... 2,805 2,852 2,940 ‐1.6 ‐3.0 2.2 3,025 2,762 2,735 2,856 16,477 15,986 3.1

      Electromedical, measuring,

          and control instruments................. 9,211 9,432 9,442 ‐2.3 ‐0.1 2.2 10,047 8,970 8,671 10,331 53,970 52,635 2.5

  Electrical equipment, appliances,        

    and components................................... 11,816 11,697 11,638 1.0 0.5 0.2 12,561 11,923 11,447 12,080 68,880 66,358 3.8

      Electric lighting equipment..................... 1,064 1,090 1,065 ‐2.4 2.3 5.9 1,075 1,121 1,061 1,068 6,141 6,237 ‐1.5

      Household appliances........................ 1,719 1,732 1,733 ‐0.8 ‐0.1 ‐0.5 1,782 1,796 1,709 1,824 10,127 9,979 1.5

      Electrical equipment............................ 3,222 3,146 3,118 2.4 0.9 1.4 3,676 3,201 2,960 3,514 18,796 18,608 1.0

      Batteries........................................... 934 890 901 4.9 ‐1.2 ‐5.0 887 862 886 906 4,993 5,298 ‐5.8

  Transportation equipment........................ 88,689 86,115 85,524 3.0 0.7 ‐4.4 93,395 88,754 84,313 92,312 530,332 504,582 5.1

      Automobiles..................................... 9,208 8,996 8,739 2.4 2.9 ‐6.4 9,339 9,447 8,699 9,309 54,770 56,843 ‐3.6

      Light trucks and utility vehicles.............. 21,973 20,597 20,487 6.7 0.5 ‐3.8 22,616 20,659 20,340 20,235 128,050 112,900 13.4

      Heavy duty trucks ............................. 3,081 3,097 3,109 ‐0.5 ‐0.4 ‐1.6 3,217 3,307 3,224 3,005 18,766 15,887 18.1

      Motor vehicle bodies, parts,       

          and trailers.................................... 28,376 28,076 27,971 1.1 0.4 ‐2.1 28,789 29,832 29,252 28,337 172,444 163,396 5.5

      Nondefense aircraft and parts................ 11,138 10,511 10,558 6.0 ‐0.4 ‐19.3 13,320 10,293 9,131 16,825 69,621 77,333 ‐10.0

      Defense aircraft and parts.................. 4,585 4,700 4,785 ‐2.4 ‐1.8 6.0 5,168 4,636 4,014 5,022 27,027 25,616 5.5

      Ships and boats................................. 3,046 2,990 2,896 1.9 3.2 ‐0.7 3,278 3,043 2,904 3,122 17,535 16,910 3.7

  Furniture and related products.................. 6,866 6,830 6,777 0.5 0.8 0.1 6,955 6,890 6,737 6,612 40,036 38,531 3.9

  Miscellaneous durable goods................. 13,807 13,716 13,616 0.7 0.7 0.1 14,408 13,789 13,499 14,633 81,152 82,234 ‐1.3

  Nondurable goods industries..................... 248,429 249,770 250,557 ‐0.5 ‐0.3 0.4 252,452 260,572 253,413 256,085 1,480,548 1,473,203 0.5

  Food products....................................... 67,303 67,274 67,534 0.0 ‐0.4 0.7 66,829 67,452 66,551 67,095 398,049 399,555 ‐0.4

      Grain and oilseed milling....................... 7,587 7,553 7,546 0.5 0.1 0.2 7,188 7,298 7,372 7,531 44,162 46,702 ‐5.4

      Dairy products.................................. 9,402 9,369 9,422 0.4 ‐0.6 1.9 9,224 9,620 9,287 9,330 55,283 56,373 ‐1.9

      Meat, poultry, and seafood products... 19,055 19,227 19,373 ‐0.9 ‐0.8 ‐0.7 19,998 19,923 19,522 20,419 115,950 116,294 ‐0.3

  Beverage and tobacco products................ 12,592 12,708 12,413 ‐0.9 2.4 4.0 13,162 13,532 12,557 13,260 74,093 74,026 0.1

      Beverages......................................... 8,607 8,623 8,733 ‐0.2 ‐1.3 1.0 9,177 9,447 8,877 9,400 51,462 51,551 ‐0.2

      Tobacco............................................ 3,985 4,085 3,680 ‐2.4 11.0 11.9 3,985 4,085 3,680 3,860 22,631 22,475 0.7

  Textile mills........................................... 2,491 2,466 2,457 1.0 0.4 ‐1.4 2,637 2,572 2,511 2,670 15,004 15,083 ‐0.5

  Textile products................................... 2,259 2,263 2,255 ‐0.2 0.4 ‐1.7 2,412 2,369 2,309 2,452 13,802 13,517 2.1

  Apparel................................................ 994 973 951 2.2 2.3 ‐0.3 934 925 837 924 5,361 5,332 0.5

  Leather and allied products...................... 413 407 414 1.5 ‐1.7 ‐1.2 439 407 433 445 2,556 2,500 2.2

  Paper products...................................... 16,246 16,197 16,141 0.3 0.3 0.3 16,334 16,581 15,836 16,291 96,045 95,443 0.6

      Pulp, paper, and paperboard mills....... 6,461 6,469 6,463 ‐0.1 0.1 0.0 6,433 6,533 6,344 6,530 38,263 38,860 ‐1.5

      Paperboard containers........................ 5,753 5,724 5,665 0.5 1.0 0.5 5,804 5,873 5,641 5,689 33,977 33,209 2.3

  Printing................................................. 6,800 6,728 6,635 1.1 1.4 ‐0.6 6,611 6,976 6,739 6,525 39,535 38,654 2.3

  Petroleum and coal products.................. 52,133 54,339 55,995 ‐4.1 ‐3.0 1.6 53,708 59,388 57,350 57,596 314,895 318,294 ‐1.1

      Petroleum refineries.......................... 47,762 49,976 51,656 ‐4.4 ‐3.3 1.7 48,792 54,708 53,028 53,061 290,343 295,832 ‐1.9

  Chemical products..................................... 67,324 66,672 66,079 1.0 0.9 ‐0.7 68,704 69,477 67,982 67,765 401,746 391,413 2.6

      Pesticides, fertilizers, and other

          agricultural chemicals....................... 2,645 2,647 2,656 ‐0.1 ‐0.3 ‐1.5 2,806 3,313 3,434 3,222 18,092 17,535 3.2

      Pharmaceuticals and medicines............. 23,089 22,685 22,449 1.8 1.1 ‐1.4 23,173 23,100 22,526 21,518 134,159 124,712 7.6

      Paints, coatings, and adhesives.......... 3,897 3,866 3,873 0.8 ‐0.2 1.7 4,110 4,454 4,321 4,117 23,906 23,463 1.9

  Plastics and rubber products.................. 19,874 19,743 19,683 0.7 0.3 ‐0.9 20,682 20,893 20,308 21,062 119,462 119,386 0.1

Year to date

p

 Preliminary 

r Revised data due to late receipts and concurrent seasonal adjustment.   1

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

data for non‐calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the 

model parameters. Estimates are not adjusted for price changes.         2

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

Note:  Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision.  One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting.  Since the 

survey panel is not a probability sample, estimates of sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.        

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019.  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.  Value of Manufacturers' New Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

June May Apr. May ‐ Apr. ‐ Mar. ‐ June May Apr. June 2019/

2019p 2019r 2019 June May Apr. 2019p 2019r 2019 2018 2019p 2018 2018

All manufacturing industries2........................ 493,817 490,693 497,166 0.6 ‐1.3 ‐1.2 511,619 505,259 498,781 528,244 2,975,202 2,969,181 0.2

      Excluding transportation2...................... 413,437 413,163 413,305 0.1 0.0 0.2 424,579 428,452 419,086 429,703 2,467,632 2,450,100 0.7

      Excluding defense2.............................. 481,549 476,266 479,916 1.1 ‐0.8 ‐1.4 495,683 492,263 484,656 508,238 2,888,123 2,885,939 0.1

      With unfilled orders2

............................. 169,726 167,262 173,554 1.5 ‐3.6 ‐3.2 180,505 168,369 170,847 196,096 1,048,492 1,068,591 ‐1.9

  Durable goods industries2......................... 245,388 240,923 246,609 1.9 ‐2.3 ‐2.8 259,167 244,687 245,368 272,159 1,494,654 1,495,978 ‐0.1

  Primary metals........................................ 20,533 20,369 20,491 0.8 ‐0.6 ‐2.5 20,962 20,938 21,531 22,737 128,388 131,351 ‐2.3

      Iron and steel mills.............................. 10,227 10,318 10,328 ‐0.9 ‐0.1 ‐4.4 10,560 10,555 11,026 11,492 65,445 65,981 ‐0.8

      Aluminum and nonferrous metals.......... 8,832 8,590 8,616 2.8 ‐0.3 ‐0.8 8,873 8,838 8,901 9,738 53,655 56,854 ‐5.6

      Ferrous metal foundries....................... 1,474 1,461 1,547 0.9 ‐5.6 0.6 1,529 1,545 1,604 1,507 9,288 8,516 9.1

  Fabricated metal products........................ 34,164 33,577 33,428 1.7 0.4 0.8 34,634 35,618 34,917 34,468 205,603 202,253 1.7

  Machinery............................................. 33,232 32,560 32,534 2.1 0.1 0.0 34,422 33,545 33,778 34,917 200,847 199,837 0.5

      Construction machinery........................ 2,843 2,692 2,653 5.6 1.5 ‐9.4 2,634 2,691 2,809 2,897 17,406 18,035 ‐3.5

      Mining, oil field, and

          gas field machinery.......................... 1,413 1,453 1,454 ‐2.8 ‐0.1 16.7 1,377 1,405 1,339 1,272 8,148 8,753 ‐6.9

      Industrial machinery............................ 2,588 2,609 2,678 ‐0.8 ‐2.6 7.1 2,933 2,396 2,636 3,017 15,548 15,430 0.8

      Photographic equipment....................... 629 543 546 15.8 ‐0.5 0.9 655 453 473 533 2,972 2,808 5.8

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 4,120 4,119 4,156 0.0 ‐0.9 ‐1.7 4,842 4,694 4,272 4,945 25,888 23,966 8.0

      Metalworking machinery....................... 2,522 2,583 2,544 ‐2.4 1.5 2.8 2,483 2,573 2,532 2,660 14,981 16,696 ‐10.3

      Turbines, generators, and other        

          power transmission equipment........... 4,433 4,260 4,411 4.1 ‐3.4 0.1 4,501 4,428 4,505 4,190 26,350 24,555 7.3

      Material handling equipment.................. 3,178 2,839 2,794 11.9 1.6 3.7 3,390 2,917 2,676 3,202 17,288 17,158 0.8

  Computers and electronic products2........... 24,000 24,053 23,936 ‐0.2 0.5 ‐0.5 26,466 22,659 22,096 25,875 139,687 134,277 4.0

      Computers........................................ 567 606 656 ‐6.4 ‐7.6 ‐1.9 707 591 563 957 3,601 4,512 ‐20.2

      Nondefense communications

          equipment...................................... 3,611 3,512 3,405 2.8 3.1 ‐5.4 4,212 3,162 3,122 4,053 20,409 19,438 5.0

      Defense communications equipment....... 251 191 226 31.4 ‐15.5 ‐29.4 243 197 194 305 1,501 1,631 ‐8.0

      Electronic components......................... 3,634 3,584 3,538 1.4 1.3 ‐0.9 3,831 3,612 3,489 3,729 21,292 21,447 ‐0.7

      Nondefense search and navigation

          equipment...................................... 1,619 1,737 1,584 ‐6.8 9.7 ‐3.8 1,737 1,614 1,647 1,701 9,978 9,532 4.7

      Defense search and navigation

          equipment...................................... 3,125 3,080 3,150 1.5 ‐2.2 ‐5.0 3,480 2,718 2,956 3,095 18,042 15,981 12.9

      Electromedical, measuring,

          and control instruments..................... 9,237 9,385 9,441 ‐1.6 ‐0.6 3.2 10,031 9,014 8,502 10,323 54,290 53,446 1.6

  Electrical equipment, appliances,        

    and components................................... 11,900 11,881 11,729 0.2 1.3 0.6 12,540 12,150 11,639 12,164 69,994 67,302 4.0

      Electric lighting equipment..................... 1,122 1,191 1,050 ‐5.8 13.4 3.8 1,199 1,217 1,047 1,155 6,416 6,344 1.1

      Household appliances.......................... 1,748 1,782 1,738 ‐1.9 2.5 1.6 1,786 1,883 1,774 1,817 10,158 10,236 ‐0.8

      Electrical equipment............................ 3,231 3,126 3,113 3.4 0.4 ‐1.6 3,551 3,163 3,012 3,421 19,118 18,541 3.1

  Transportation equipment........................ 80,380 77,530 83,861 3.7 ‐7.5 ‐7.6 87,040 76,807 79,695 98,541 507,570 519,081 ‐2.2

      Motor vehicle bodies, parts,       

          and trailers..................................... 28,253 27,975 27,809 1.0 0.6 ‐1.9 27,959 29,784 28,507 27,655 171,957 163,303 5.3

      Nondefense aircraft and parts................ 6,245 3,567 7,438 75.1 ‐52.0 ‐39.3 8,656 795 5,260 18,025 50,010 86,265 ‐42.0

      Defense aircraft and parts.................... 2,870 4,240 5,360 ‐32.3 ‐20.9 ‐4.1 5,369 2,745 4,945 8,694 26,909 26,591 1.2

      Ships and boats.................................. 1,524 2,647 2,849 ‐42.4 ‐7.1 ‐41.9 2,149 2,888 2,257 4,005 18,703 20,095 ‐6.9

  Furniture and related products................... 6,827 6,883 6,689 ‐0.8 2.9 0.1 6,878 7,131 7,007 6,717 41,049 39,774 3.2

  Nondurable goods industries..................... 248,429 249,770 250,557 ‐0.5 ‐0.3 0.4 252,452 260,572 253,413 256,085 1,480,548 1,473,203 0.5

Year to date

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment.      1

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

adjusted data for non‐calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual 

review of the model  parameters. Estimates are not adjusted for price changes.        2

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

Note:  Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision.  One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting.  

Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.       

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019.  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 3.  Value of Manufacturers' Unfilled Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry June

June May Apr. May ‐ Apr. ‐ Mar. ‐ June May Apr. June 2019/

2019p 2019r 2019 June May Apr. 2019p 2019r 2019 2018 2018

All manufacturing industries2...................... 1,160,241 1,168,212 1,177,382 ‐0.7 ‐0.8 ‐0.2 1,164,683 1,172,756 1,186,178 1,170,456 ‐0.5

      Excluding transportation2

...................... 367,735 367,397 367,982 0.1 ‐0.2 ‐0.2 370,868 372,586 374,061 366,118 1.3

      Excluding defense2............................. 961,780 967,057 975,581 ‐0.5 ‐0.9 ‐0.5 964,255 972,193 983,826 984,819 ‐2.1

  Durable goods industries2........................ 1,160,241 1,168,212 1,177,382 ‐0.7 ‐0.8 ‐0.2 1,164,683 1,172,756 1,186,178 1,170,456 ‐0.5

  Primary metals........................................ 31,198 31,207 31,382 0.0 ‐0.6 ‐0.9 31,635 31,742 32,522 31,243 1.3

      Iron and steel mills............................... 15,949 15,939 16,162 0.1 ‐1.4 ‐2.2 16,402 16,336 17,003 17,060 ‐3.9

      Aluminum and nonferrous metals............. 11,782 11,795 11,691 ‐0.1 0.9 0.7 11,788 11,899 11,935 10,947 7.7

      Ferrous metal foundries........................ 3,467 3,473 3,529 ‐0.2 ‐1.6 ‐0.1 3,445 3,507 3,584 3,236 6.5

  Fabricated metal products......................... 86,063 85,779 85,862 0.3 ‐0.1 0.0 87,357 87,781 87,406 85,114 2.6

  Machinery.............................................. 103,102 103,379 104,103 ‐0.3 ‐0.7 ‐0.5 103,099 104,207 105,498 104,414 ‐1.3

      Construction machinery......................... 5,245 5,575 5,991 ‐5.9 ‐6.9 ‐5.7 5,095 5,731 6,394 6,131 ‐16.9

      Mining, oil field, and

          gas field machinery.......................... 3,760 3,909 4,051 ‐3.8 ‐3.5 ‐1.7 3,760 3,909 4,051 4,259 ‐11.7

      Industrial machinery............................. 7,905 8,119 8,255 ‐2.6 ‐1.6 ‐0.3 7,920 8,203 8,438 8,648 ‐8.4

      Photographic equipment........................ 1,420 1,323 1,320 7.3 0.2 ‐1.3 1,315 1,258 1,317 1,473 ‐10.7

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment................ 8,037 8,091 8,138 ‐0.7 ‐0.6 0.4 8,089 8,391 8,446 6,877 17.6

      Metalworking machinery........................ 6,816 6,893 6,936 ‐1.1 ‐0.6 ‐2.4 6,849 7,021 7,077 8,087 ‐15.3

      Turbines, generators, and other        

          power transmission equipment............ 28,614 28,586 28,693 0.1 ‐0.4 0.1 28,614 28,586 28,693 29,433 ‐2.8

      Material handling equipment................... 13,083 12,766 12,750 2.5 0.1 ‐0.6 13,289 12,733 12,756 12,566 5.8

  Computers and electronic products2............. 118,481 118,202 118,047 0.2 0.1 0.0 119,059 119,056 119,308 115,610 3.0

      Computers......................................... 2,147 2,181 2,215 ‐1.6 ‐1.5 ‐0.6 2,147 2,181 2,215 2,018 6.4

      Nondefense communications

          equipment...................................... 24,584 24,565 24,605 0.1 ‐0.2 ‐0.6 24,636 24,807 24,939 24,681 ‐0.2

      Defense communications equipment........ 1,115 1,181 1,272 ‐5.6 ‐7.2 ‐2.7 1,129 1,187 1,261 1,475 ‐23.5

      Electronic components.......................... 12,808 12,850 12,858 ‐0.3 ‐0.1 ‐0.2 12,702 12,952 13,001 12,410 2.4

      Nondefense search and navigation

          equipment....................................... 20,425 20,369 20,222 0.3 0.7 ‐0.1 20,462 20,385 20,348 19,582 4.5

      Defense search and navigation

          equipment....................................... 29,349 29,029 28,801 1.1 0.8 0.7 29,631 29,176 29,220 27,200 8.9

      Electromedical, measuring,

          and control instruments...................... 28,053 28,027 28,074 0.1 ‐0.2 0.0 28,352 28,368 28,324 28,244 0.4

  Electrical equipment, appliances,        

    and components.................................... 19,768 19,684 19,500 0.4 0.9 0.5 20,069 20,090 19,863 19,976 0.5

      Electric lighting equipment..................... 1,559 1,501 1,400 3.9 7.2 ‐1.1 1,626 1,502 1,406 1,452 12.0

      Household appliances........................... 1,218 1,189 1,139 2.4 4.4 0.4 1,246 1,242 1,155 1,441 ‐13.5

      Electrical equipment............................. 7,984 7,975 7,995 0.1 ‐0.3 ‐0.1 7,976 8,101 8,139 7,768 2.7

  Transportation equipment......................... 792,506 800,815 809,400 ‐1.0 ‐1.1 ‐0.2 793,815 800,170 812,117 804,338 ‐1.3

      Motor vehicle bodies, parts,       

          and trailers...................................... 26,922 27,045 27,146 ‐0.5 ‐0.4 ‐0.6 26,705 27,535 27,583 26,414 1.1

      Nondefense aircraft and parts................ 578,779 583,672 590,616 ‐0.8 ‐1.2 ‐0.5 578,577 583,241 592,739 602,042 ‐3.9

      Defense aircraft and parts..................... 81,077 82,792 83,252 ‐2.1 ‐0.6 0.7 82,071 81,870 83,761 73,469 11.7

      Ships and boats.................................. 29,629 31,151 31,494 ‐4.9 ‐1.1 ‐0.1 30,672 31,801 31,956 30,239 1.4

  Furniture and related products................... 8,556 8,595 8,542 ‐0.5 0.6 ‐1.0 9,082 9,159 8,918 9,122 ‐0.4

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment.      1

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

include adjusted data for non‐calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation, based on the results of the 

latest annual review of the model  parameters. Estimates are not adjusted for price changes.         2

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019.  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 4.  Value of Manufacturers' Inventories for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry June

June May Apr. May ‐ Apr. ‐ Mar. ‐ June May Apr. June 2019/

2019p 2019r 2019 June May Apr. 2019p 2019r 2019 2018 2018

  All manufacturing industries...................... 695,585 694,247 692,729 0.2 0.2 0.2 692,267 698,116 697,010 665,586 4.0

      Excluding transportation........................ 555,881 555,749 556,408 0.0 ‐0.1 0.0 553,819 558,687 559,821 540,620 2.4

      Excluding defense............................. 667,425 666,395 664,978 0.2 0.2 0.2 664,043 670,109 669,149 638,283 4.0

      With unfilled orders............................. 347,467 346,243 344,679 0.4 0.5 0.5 345,941 348,666 346,651 325,683 6.2

  Durable goods industries........................ 425,981 424,560 422,595 0.3 0.5 0.4 423,776 427,216 424,922 400,579 5.8

  Wood products........................................ 12,240 12,242 12,252 0.0 ‐0.1 ‐0.2 11,967 12,062 12,183 11,965 0.0

  Nonmetallic mineral products..................... 14,934 14,964 14,968 ‐0.2 0.0 0.0 15,113 15,215 15,228 14,546 3.9

  Primary metals......................................... 35,924 36,178 36,422 ‐0.7 ‐0.7 0.1 35,821 36,081 36,395 35,115 2.0

      Iron and steel mills............................... 20,167 20,261 20,471 ‐0.5 ‐1.0 ‐0.4 20,034 19,964 20,278 19,737 1.5

      Aluminum and nonferrous metals............ 13,565 13,723 13,814 ‐1.2 ‐0.7 0.6 13,624 13,904 13,952 13,398 1.7

      Ferrous metal foundries........................ 2,192 2,194 2,137 ‐0.1 2.7 0.3 2,163 2,213 2,165 1,980 9.2

  Fabricated metal products......................... 54,729 54,575 54,638 0.3 ‐0.1 ‐0.5 54,689 54,778 54,908 53,053 3.1

  Machinery.............................................. 72,077 71,862 71,757 0.3 0.1 0.2 71,469 72,365 72,204 67,755 5.5

      Farm machinery.................................. 4,034 3,839 3,831 5.1 0.2 ‐2.8 4,030 3,851 3,867 3,606 11.8

      Construction machinery......................... 5,767 5,763 5,814 0.1 ‐0.9 ‐0.3 5,734 5,764 5,929 5,475 4.7

      Mining, oil field,   

          and gas field machinery.................... 5,453 5,484 5,508 ‐0.6 ‐0.4 ‐0.9 5,435 5,512 5,590 5,451 ‐0.3

      Industrial machinery............................. 8,431 8,392 8,415 0.5 ‐0.3 0.3 8,393 8,338 8,256 8,334 0.7

      Photographic equipment....................... 1,770 1,777 1,803 ‐0.4 ‐1.4 1.3 1,735 1,780 1,772 1,674 3.6

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 5,539 5,535 5,572 0.1 ‐0.7 0.7 5,550 5,934 5,937 4,936 12.4

      Metalworking machinery........................ 6,098 6,124 6,121 ‐0.4 0.0 0.2 6,045 6,128 6,115 5,868 3.0

      Turbines, generators, and other

          power transmission equipment............ 9,668 9,762 9,798 ‐1.0 ‐0.4 0.6 9,498 9,917 9,832 9,437 0.6

      Material handling equipment.................. 6,124 6,110 6,036 0.2 1.2 1.3 6,099 6,120 5,999 5,651 7.9

  Computers and electronic products2

............ 43,504 43,408 43,480 0.2 ‐0.2 0.2 43,378 44,064 43,844 43,189 0.4

      Computers......................................... 1,578 1,528 1,509 3.3 1.3 ‐3.9 1,618 1,536 1,454 1,546 4.7

      Computer storage devices.................... 1,101 1,102 1,107 ‐0.1 ‐0.5 ‐2.5 1,109 1,124 1,072 1,048 5.8

      Other peripheral equipment................... 1,130 1,129 1,125 0.1 0.4 ‐3.4 1,089 1,166 1,148 1,125 ‐3.2

      Nondefense communications

          equipment...................................... 4,839 4,823 4,858 0.3 ‐0.7 0.4 4,814 4,939 4,889 4,687 2.7

      Defense communications equipment........ 721 716 701 0.7 2.1 ‐0.3 721 716 701 693 4.0

      Audio and video equipment.................... 668 660 653 1.2 1.1 ‐1.5 638 619 623 542 17.7

      Electronic components.......................... 7,382 7,398 7,399 ‐0.2 0.0 2.2 7,380 7,444 7,687 7,247 1.8

      Nondefense search and navigation

          equipment...................................... 2,680 2,670 2,668 0.4 0.1 0.5 2,667 2,678 2,685 2,555 4.4

      Defense search and navigation

          equipment....................................... 2,554 2,549 2,559 0.2 ‐0.4 0.0 2,565 2,636 2,603 2,649 ‐3.2

      Electromedical, measuring        

          and control instruments...................... 15,609 15,569 15,598 0.3 ‐0.2 0.2 15,521 15,882 15,669 15,222 2.0

  Electrical equipment, appliances,        

    and components.................................... 20,332 20,283 20,294 0.2 ‐0.1 0.0 20,424 20,576 20,580 18,852 8.3

      Electric lighting equipment..................... 2,250 2,248 2,271 0.1 ‐1.0 ‐0.4 2,263 2,275 2,292 2,256 0.3

      Household appliances........................... 2,946 2,926 2,909 0.7 0.6 0.6 2,950 2,996 2,980 2,799 5.4

      Electrical equipment............................. 5,758 5,718 5,721 0.7 ‐0.1 ‐0.1 5,688 5,804 5,840 5,155 10.3

      Batteries............................................ 1,978 1,990 1,999 ‐0.6 ‐0.5 ‐0.8 2,063 2,048 2,032 1,919 7.5

  Transportation equipment......................... 139,704 138,498 136,321 0.9 1.6 1.3 138,448 139,429 137,189 124,966 10.8

      Automobiles....................................... 4,774 4,691 4,328 1.8 8.4 2.2 4,664 4,544 4,376 3,877 20.3

      Light trucks and utility vehicles.............. 4,890 4,937 4,937 ‐1.0 0.0 2.0 4,569 4,968 4,932 4,244 7.7

      Heavy duty trucks ............................... 2,154 2,171 2,182 ‐0.8 ‐0.5 ‐1.3 2,219 2,274 2,217 2,224 ‐0.2

      Motor vehicle bodies, parts,       

          and trailers...................................... 26,609 26,532 26,606 0.3 ‐0.3 0.5 26,190 26,452 26,602 25,113 4.3

      Nondefense aircraft and parts................ 72,034 71,153 69,398 1.2 2.5 1.7 71,650 72,132 70,172 61,898 15.8

      Defense aircraft and parts..................... 13,342 13,269 13,376 0.6 ‐0.8 1.3 13,296 13,356 13,421 12,843 3.5

      Ships and boats.................................. 3,311 3,353 3,241 ‐1.3 3.5 ‐2.9 3,389 3,330 3,239 3,037 11.6

  Furniture and related products.................... 7,990 8,042 8,060 ‐0.6 ‐0.2 0.2 8,187 8,133 7,991 8,092 1.2

  Miscellaneous durable goods..................... 24,547 24,508 24,403 0.2 0.4 0.6 24,280 24,513 24,400 23,046 5.4

  Nondurable goods industries...................... 269,604 269,687 270,134 0.0 ‐0.2 ‐0.1 268,491 270,900 272,088 265,007 1.3

  Food products........................................ 54,365 54,058 54,073 0.6 0.0 ‐0.3 53,133 52,852 53,099 53,053 0.2

      Grain and oilseed milling........................ 5,115 5,129 5,169 ‐0.3 ‐0.8 ‐1.1 5,048 4,913 5,096 5,232 ‐3.5

      Dairy products.................................... 7,812 7,745 7,693 0.9 0.7 ‐0.5 8,064 7,993 7,877 7,836 2.9

      Meat, poultry, and seafood products....... 9,398 9,271 9,318 1.4 ‐0.5 0.6 9,329 9,294 9,249 9,110 2.4

  Beverage and tobacco products................ 25,242 25,072 24,976 0.7 0.4 0.2 24,663 25,044 25,266 23,861 3.4

      Beverages......................................... 20,708 20,541 20,428 0.8 0.6 0.4 20,346 20,602 20,703 19,448 4.6

      Tobacco............................................ 4,534 4,531 4,548 0.1 ‐0.4 ‐0.6 4,317 4,442 4,563 4,413 ‐2.2

  Textile mills............................................ 3,329 3,341 3,369 ‐0.4 ‐0.8 ‐1.6 3,337 3,360 3,389 3,228 3.4

  Textile products...................................... 3,541 3,546 3,550 ‐0.1 ‐0.1 ‐0.3 3,524 3,547 3,557 3,414 3.2

  Apparel................................................. 1,991 1,984 1,970 0.4 0.7 0.9 1,987 1,933 1,934 1,896 4.8

  Leather and allied products....................... 772 774 771 ‐0.3 0.4 ‐1.5 779 784 765 797 ‐2.3

  Paper products....................................... 16,419 16,447 16,398 ‐0.2 0.3 0.0 16,344 16,385 16,388 15,871 3.0

      Pulp, paper, and paperboard mills........... 6,843 6,873 6,839 ‐0.4 0.5 0.1 6,815 6,890 6,892 6,485 5.1

      Paperboard containers......................... 5,122 5,115 5,078 0.1 0.7 0.3 5,077 5,082 5,016 4,958 2.4

  Printing.................................................. 5,525 5,554 5,605 ‐0.5 ‐0.9 0.1 5,472 5,513 5,636 5,406 1.2

  Petroleum and coal products..................... 40,040 41,011 41,933 ‐2.4 ‐2.2 0.6 40,646 42,341 43,355 41,680 ‐2.5

      Petroleum refineries............................. 34,302 35,254 36,232 ‐2.7 ‐2.7 1.4 34,891 36,530 37,670 36,116 ‐3.4

  Chemical products..................................... 91,132 90,707 90,282 0.5 0.5 ‐0.3 91,374 91,710 91,096 89,370 2.2

      Pesticides, fertilizers, and other

          agricultural chemicals........................ 5,064 5,019 4,951 0.9 1.4 0.5 4,748 4,957 5,153 4,281 10.9

      Pharmaceuticals and medicines.............. 37,236 37,078 36,639 0.4 1.2 ‐0.7 37,879 37,734 36,884 37,042 2.3

      Paints, coatings, and adhesives.............. 3,861 3,865 3,899 ‐0.1 ‐0.9 ‐1.2 3,910 3,947 4,028 3,954 ‐1.1

  Plastics and rubber products..................... 27,248 27,193 27,207 0.2 ‐0.1 ‐0.1 27,232 27,431 27,603 26,431 3.0

p Preliminary 

r Revised data due to late receipts and concurrent seasonal adjustment.   1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for 

non‐calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. 

Estimates are not adjusted for price changes.       

2

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

Note:  Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision.  One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting.  Since the 

survey panel is not a probability sample, estimates of sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.     

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019.  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 5.  Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for 

               Topical Series1, 2

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry  % Change6

June May Apr. May ‐ Apr. ‐ Mar. ‐ June May Apr. June 2019/

2019p 2019r 2019 June May Apr. 2019p 2019r 2019 2018 2019p 2018 2018

SHIPMENTS

  All manufacturing industries......................... 506,153 504,257 503,881 0.4 0.1 ‐0.6 523,671 522,423 505,758 525,660 3,014,166 2,957,545 1.9

    Construction materials and supplies....... 52,533 52,156 51,961 0.7 0.4 0.1 56,206 56,411 53,605 56,072 309,988 303,217 2.2

    Information technology......................... 25,454 25,685 25,800 ‐0.9 ‐0.4 1.7 28,121 24,705 23,901 27,209 148,355 139,679 6.2

    Computers and related products........... 1,757 1,789 1,826 ‐1.8 ‐2.0 4.3 2,262 1,600 1,523 2,257 10,069 10,083 ‐0.1

    Motor vehicle and parts......................... 62,638 60,766 60,306 3.1 0.8 ‐3.3 63,961 63,245 61,515 60,886 374,030 349,026 7.2

    Capital goods......................................      90,011 89,065 88,698 1.1 0.4 ‐2.3 97,444 88,992 85,157 98,632 533,055 520,066 2.5

      Nondefense capital goods3

.................. 77,020 76,030 75,745 1.3 0.4 ‐3.2 83,627 76,120 73,317 86,421 457,736 453,620 0.9

        Excluding aircraft............................. 70,152 69,915 69,640 0.3 0.4 0.4 74,939 70,153 68,291 73,927 414,572 401,358 3.3

      Defense capital goods4

........................ 12,991 13,035 12,953 ‐0.3 0.6 3.4 13,817 12,872 11,840 12,211 75,319 66,446 13.4

    Consumer goods.................................. 211,803 212,031 212,921 ‐0.1 ‐0.4 0.1 214,357 219,663 213,410 215,119 1,257,023 1,240,544 1.3

      Consumer durable goods..................... 44,956 43,343 42,903 3.7 1.0 ‐2.8 46,185 44,430 43,026 43,854 265,167 251,636 5.4

      Consumer nondurable goods................ 166,847 168,688 170,018 ‐1.1 ‐0.8 0.8 168,172 175,233 170,384 171,265 991,856 988,908 0.3

  All manufacturing industries5

...................... 493,817 490,693 497,166 0.6 ‐1.3 ‐1.2 511,619 505,259 498,781 528,244 2,975,202 2,969,181 0.2

    Construction materials and supplies....... 52,774 52,185 51,738 1.1 0.9 0.3 55,821 56,945 54,399 55,813 313,273 309,774 1.1

    Information technology......................... 25,860 25,904 25,871 ‐0.2 0.1 0.1 28,407 24,525 24,000 27,544 150,676 142,521 5.7

    Computers and related products........... 1,723 1,755 1,812 ‐1.8 ‐3.1 3.4 2,228 1,566 1,509 2,260 10,021 10,223 ‐2.0

    Motor vehicle and parts......................... 62,515 60,665 60,144 3.0 0.9 ‐3.2 63,131 63,197 60,770 60,204 373,543 348,933 7.1

    Capital goods......................................      82,536 81,668 87,454 1.1 ‐6.6 ‐4.8 90,156 78,275 82,352 102,194 516,368 536,450 ‐3.7

      Nondefense capital goods3.................. 71,787 68,774 72,419 4.4 ‐5.0 ‐7.0 77,467 66,132 70,607 86,576 440,835 466,381 ‐5.5

        Excluding aircraft............................. 69,806 68,794 68,629 1.5 0.2 ‐1.1 73,658 68,649 68,091 73,588 415,203 407,850 1.8

      Defense capital goods4........................ 10,749 12,894 15,035 ‐16.6 ‐14.2 6.9 12,689 12,143 11,745 15,618 75,533 70,069 7.8

    Consumer goods.................................. 211,862 212,170 212,927 ‐0.1 ‐0.4 0.1 214,217 219,706 213,479 214,956 1,257,079 1,240,734 1.3

      Consumer durable goods..................... 45,015 43,482 42,909 3.5 1.3 ‐2.6 46,045 44,473 43,095 43,691 265,223 251,826 5.3

      Consumer nondurable goods.............. 166,847 168,688 170,018 ‐1.1 ‐0.8 0.8 168,172 175,233 170,384 171,265 991,856 988,908 0.3

  All manufacturing industries5

...................... 1,160,241 1,168,212 1,177,382 ‐0.7 ‐0.8 ‐0.2 1,164,683 1,172,756 1,186,178 1,170,456 (X) (X) ‐0.5

    Construction materials and supplies....... 59,857 59,616 59,587 0.4 0.0 ‐0.4 61,090 61,475 60,941 59,128 (X) (X) 3.3

    Information technology......................... 116,100 115,694 115,475 0.4 0.2 0.1 116,893 116,607 116,787 113,988 (X) (X) 2.5

    Computers and related products........... 2,147 2,181 2,215 ‐1.6 ‐1.5 ‐0.6 2,147 2,181 2,215 2,018 (X) (X) 6.4

    Motor vehicle and parts......................... 26,922 27,045 27,146 ‐0.5 ‐0.4 ‐0.6 26,705 27,535 27,583 26,414 (X) (X) 1.1

    Capital goods......................................      848,500 855,975 863,372 ‐0.9 ‐0.9 ‐0.1 850,510 857,798 868,515 865,477 (X) (X) ‐1.7

      Nondefense capital goods3.................. 691,480 696,713 703,969 ‐0.8 ‐1.0 ‐0.5 692,519 698,679 708,667 715,573 (X) (X) ‐3.2

        Excluding aircraft............................. 218,704 219,050 220,171 ‐0.2 ‐0.5 ‐0.5 219,976 221,257 222,761 220,982 (X) (X) ‐0.5

      Defense capital goods4........................ 157,020 159,262 159,403 ‐1.4 ‐0.1 1.3 157,991 159,119 159,848 149,904 (X) (X) 5.4

    Consumer goods.................................. 4,644 4,585 4,446 1.3 3.1 0.1 4,542 4,682 4,639 5,001 (X) (X) ‐9.2

      Consumer durable goods..................... 4,644 4,585 4,446 1.3 3.1 0.1 4,542 4,682 4,639 5,001 (X) (X) ‐9.2

  All manufacturing industries....................... 695,585 694,247 692,729 0.2 0.2 0.2 692,267 698,116 697,010 665,586 (X) (X) 4.0

    Construction materials and supplies....... 73,569 73,707 73,919 ‐0.2 ‐0.3 ‐0.5 73,481 74,441 74,734 71,749 (X) (X) 2.4

    Information technology......................... 40,285 40,166 40,218 0.3 ‐0.1 ‐0.1 40,165 40,767 40,290 38,703 (X) (X) 3.8

    Computers and related products........... 3,809 3,759 3,741 1.3 0.5 ‐3.3 3,816 3,826 3,674 3,719 (X) (X) 2.6

    Motor vehicle and parts......................... 38,427 38,331 38,053 0.3 0.7 0.8 37,642 38,238 38,127 35,458 (X) (X) 6.2

    Capital goods......................................      212,843 211,489 209,556 0.6 0.9 0.7 212,396 213,747 210,544 196,893 (X) (X) 7.9

      Nondefense capital goods3.................. 189,049 187,996 186,181 0.6 1.0 0.7 188,492 190,186 187,104 173,904 (X) (X) 8.4

        Excluding aircraft............................. 129,514 129,241 129,075 0.2 0.1 0.1 129,000 130,352 129,408 123,231 (X) (X) 4.7

      Defense capital goods4........................ 23,794 23,493 23,375 1.3 0.5 0.6 23,904 23,561 23,440 22,989 (X) (X) 4.0

    Consumer goods.................................. 203,752 204,025 204,014 ‐0.1 0.0 0.2 202,373 204,375 204,868 199,369 (X) (X) 1.5

      Consumer durable goods..................... 31,983 31,924 31,501 0.2 1.3 0.9 31,275 31,745 31,476 29,333 (X) (X) 6.6

      Consumer nondurable goods................ 171,769 172,101 172,513 ‐0.2 ‐0.2 0.0 171,098 172,630 173,392 170,036 (X) (X) 0.6

NEW ORDERS 

UNFILLED ORDERS 

TOTAL INVENTORIES 

X

  Not Applicable 

p

 Preliminary 

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

1

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

calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates 

are not adjusted for price changes.        

2 Topical series are regroupings of the separate industry categories.    

3

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

metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral equipment; 

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

boats; office and institutional furniture; and medical equipment and supplies.        

4

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

5 Estimates and percent changes exclude semiconductor industry data.     

6

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

Note:  Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision.  One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting.  Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.      

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019.  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 6.  Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group1  

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry June

June May Apr. May ‐ Apr. ‐ Mar. ‐ June May Apr. June 2019/

2019p 2019r 2019 June May Apr. 2019p 2019r 2019 2018 2018

MATERIALS AND SUPPLIES

  All manufacturing industries....................... 238,641 238,157 238,466 0.2 ‐0.1 0.0 236,852 238,324 238,631 229,287 3.3

    Durable goods industries.......................... 145,797 145,691 146,028 0.1 ‐0.2 0.0 144,628 145,251 145,543 138,994 4.1

      Wood products................................... 5,210 5,194 5,173 0.3 0.4 0.0 4,968 4,918 4,913 4,881 1.8

      Nonmetallic mineral products................. 6,191 6,235 6,197 ‐0.7 0.6 0.4 6,222 6,271 6,226 5,955 4.5

      Primary metals.................................... 13,165 13,105 13,255 0.5 ‐1.1 1.2 12,978 12,771 12,975 12,488 3.9

      Fabricated metal products..........................       20,532 20,546 20,592 ‐0.1 ‐0.2 ‐0.5 20,472 20,433 20,446 19,953 2.6

      Machinery.......................................... 29,156 29,213 29,250 ‐0.2 ‐0.1 ‐0.1 29,033 29,350 29,251 26,820 8.3

      Computers and electronic products........ 19,168 19,113 19,065 0.3 0.3 1.1 19,133 19,362 19,201 18,475 3.6

      Electrical equipment, appliances,

         and components............................... 8,533 8,519 8,484 0.2 0.4 ‐0.1 8,534 8,596 8,581 7,880 8.3

      Transportation equipment..................... 31,944 31,904 32,103 0.1 ‐0.6 ‐0.5 31,396 31,672 32,149 30,892 1.6

      Furniture and related products............... 3,864 3,912 3,924 ‐1.2 ‐0.3 ‐0.5 3,895 3,897 3,857 3,896 0.0

      Miscellaneous products......................... 8,034 7,950 7,985 1.1 ‐0.4 ‐0.2 7,997 7,981 7,944 7,754 3.1

   Nondurable goods industries...................... 92,844 92,466 92,438 0.4 0.0 0.0 92,224 93,073 93,088 90,293 2.1

      Food  products.................................... 18,203 18,007 17,859 1.1 0.8 ‐0.8 17,999 17,873 17,692 17,629 2.1

      Beverage and tobacco products........................ 6,010 5,973 5,968 0.6 0.1 0.2 5,781 5,931 6,010 5,621 2.8

      Textiles.............................................. 1,142 1,152 1,161 ‐0.9 ‐0.8 ‐1.8 1,145 1,159 1,166 1,138 0.6

      Textile products................................... 1,365 1,363 1,363 0.1 0.0 0.1 1,366 1,369 1,361 1,318 3.6

      Apparel............................................. 494 505 508 ‐2.2 ‐0.6 1.6 489 497 512 496 ‐1.4

      Leather and allied products.................... 276 277 273 ‐0.4 1.5 ‐1.4 278 278 270 268 3.7

      Paper products.................................... 8,195 8,193 8,223 0.0 ‐0.4 ‐0.3 8,083 8,108 8,182 8,008 0.9

      Printing ............................................. 2,805 2,810 2,787 ‐0.2 0.8 ‐0.5 2,777 2,796 2,786 2,742 1.3

      Petroleum and coal products................. 11,240 11,361 11,519 ‐1.1 ‐1.4 1.4 11,372 11,983 12,105 12,011 ‐5.3

      Chemical products................................ 31,657 31,420 31,327 0.8 0.3 ‐0.1 31,575 31,675 31,535 30,033 5.1

      Plastics and rubber products.................. 11,457 11,405 11,450 0.5 ‐0.4 0.1 11,359 11,404 11,469 11,029 3.0

WORK IN PROCESS

  All manufacturing industries....................... 214,112 214,083 212,962 0.0 0.5 0.5 213,224 215,854 215,171 202,781 5.1

    Durable goods industries.......................... 159,813 159,043 157,266 0.5 1.1 1.0 159,567 161,119 158,879 147,993 7.8

      Wood products................................... 2,228 2,209 2,196 0.9 0.6 ‐0.3 2,217 2,226 2,233 2,250 ‐1.5

      Nonmetallic mineral products................. 1,572 1,561 1,578 0.7 ‐1.1 0.3 1,595 1,599 1,636 1,548 3.0

      Primary metals.................................... 10,341 10,435 10,566 ‐0.9 ‐1.2 ‐0.9 10,431 10,548 10,664 10,775 ‐3.2

      Fabricated metal products..........................       14,046 13,941 14,075 0.8 ‐1.0 ‐0.8 14,046 14,050 14,124 13,841 1.5

      Machinery.......................................... 18,664 18,509 18,560 0.8 ‐0.3 0.6 18,466 18,675 18,604 18,687 ‐1.2

      Computers and electronic products........ 12,304 12,441 12,516 ‐1.1 ‐0.6 0.0 12,415 12,879 12,897 13,034 ‐4.7

      Electrical equipment, appliances,

         and components............................... 4,339 4,320 4,322 0.4 0.0 0.5 4,393 4,411 4,398 4,007 9.6

      Transportation equipment..................... 91,081 90,369 88,199 0.8 2.5 2.0 90,747 91,440 89,023 78,736 15.3

      Furniture and related products............... 1,332 1,333 1,347 ‐0.1 ‐1.0 ‐0.7 1,370 1,365 1,369 1,438 ‐4.7

      Miscellaneous products......................... 3,906 3,925 3,907 ‐0.5 0.5 ‐0.5 3,887 3,926 3,931 3,677 5.7

   Nondurable goods industries...................... 54,299 55,040 55,696 ‐1.3 ‐1.2 ‐0.8 53,657 54,735 56,292 54,788 ‐2.1

      Food  products.................................... 5,810 5,946 5,944 ‐2.3 0.0 ‐1.7 5,211 5,366 5,659 5,820 ‐10.5

      Beverage and tobacco products........................ 9,824 9,735 9,705 0.9 0.3 0.4 9,364 9,579 9,811 8,885 5.4

      Textiles.............................................. 721 728 731 ‐1.0 ‐0.4 ‐0.5 722 733 739 699 3.3

      Textile products................................... 423 426 427 ‐0.7 ‐0.2 ‐0.9 416 423 430 402 3.5

      Apparel............................................. 343 344 340 ‐0.3 1.2 ‐3.4 355 343 331 347 2.3

      Leather and allied products.................... 79 77 76 2.6 1.3 7.0 76 78 77 74 2.7

      Paper products.................................... 1,364 1,370 1,357 ‐0.4 1.0 0.0 1,380 1,380 1,354 1,289 7.1

      Printing ............................................. 1,210 1,214 1,260 ‐0.3 ‐3.7 2.3 1,148 1,150 1,269 1,065 7.8

      Petroleum and coal products................. 12,071 12,700 12,985 ‐5.0 ‐2.2 ‐1.4 12,351 13,110 13,678 13,431 ‐8.0

      Chemical products................................ 19,327 19,352 19,716 ‐0.1 ‐1.8 ‐0.9 19,510 19,403 19,749 19,639 ‐0.7

      Plastics and rubber products.................. 3,127 3,148 3,155 ‐0.7 ‐0.2 ‐1.0 3,124 3,170 3,195 3,137 ‐0.4

FINISHED GOODS

  All manufacturing industries....................... 242,832 242,007 241,301 0.3 0.3 0.2 242,191 243,938 243,208 233,518 3.7

    Durable goods industries.......................... 120,371 119,826 119,301 0.5 0.4 0.1 119,581 120,846 120,500 113,592 5.3

      Wood products................................... 4,802 4,839 4,883 ‐0.8 ‐0.9 ‐0.4 4,782 4,918 5,037 4,834 ‐1.1

      Nonmetallic mineral products................. 7,171 7,168 7,193 0.0 ‐0.3 ‐0.4 7,296 7,345 7,366 7,043 3.6

      Primary metals.................................... 12,418 12,638 12,601 ‐1.7 0.3 ‐0.3 12,412 12,762 12,756 11,852 4.7

      Fabricated metal products..........................       20,151 20,088 19,971 0.3 0.6 ‐0.4 20,171 20,295 20,338 19,259 4.7

      Machinery.......................................... 24,257 24,140 23,947 0.5 0.8 0.1 23,970 24,340 24,349 22,248 7.7

      Computers and electronic products........ 12,032 11,854 11,899 1.5 ‐0.4 ‐1.0 11,830 11,823 11,746 11,680 1.3

      Electrical equipment, appliances,

         and components............................... 7,460 7,444 7,488 0.2 ‐0.6 ‐0.1 7,497 7,569 7,601 6,965 7.6

      Transportation equipment..................... 16,679 16,225 16,019 2.8 1.3 1.2 16,305 16,317 16,017 15,338 6.3

      Furniture and related products............... 2,794 2,797 2,789 ‐0.1 0.3 1.8 2,922 2,871 2,765 2,758 5.9

      Miscellaneous products......................... 12,607 12,633 12,511 ‐0.2 1.0 1.4 12,396 12,606 12,525 11,615 6.7

   Nondurable goods industries...................... 122,461 122,181 122,000 0.2 0.1 0.2 122,610 123,092 122,708 119,926 2.2

      Food  products.................................... 30,352 30,105 30,270 0.8 ‐0.5 0.3 29,923 29,613 29,748 29,604 1.1

      Beverage and tobacco products........................ 9,408 9,364 9,303 0.5 0.7 0.0 9,518 9,534 9,445 9,355 1.7

      Textiles.............................................. 1,466 1,461 1,477 0.3 ‐1.1 ‐2.0 1,470 1,468 1,484 1,391 5.7

      Textile products................................... 1,753 1,757 1,760 ‐0.2 ‐0.2 ‐0.6 1,742 1,755 1,766 1,694 2.8

      Apparel............................................. 1,154 1,135 1,122 1.7 1.2 2.0 1,143 1,093 1,091 1,053 8.5

      Leather and allied products.................... 417 420 422 ‐0.7 ‐0.5 ‐3.0 425 428 418 455 ‐6.6

      Paper products.................................... 6,860 6,884 6,818 ‐0.3 1.0 0.5 6,881 6,897 6,852 6,574 4.7

      Printing ............................................. 1,510 1,530 1,558 ‐1.3 ‐1.8 ‐0.6 1,547 1,567 1,581 1,599 ‐3.3

      Petroleum and coal products................. 16,729 16,950 17,429 ‐1.3 ‐2.7 1.6 16,923 17,248 17,572 16,238 4.2

      Chemical products................................ 40,148 39,935 39,239 0.5 1.8 ‐0.2 40,289 40,632 39,812 39,698 1.5

      Plastics and rubber products.................. 12,664 12,640 12,602 0.2 0.3 ‐0.1 12,749 12,857 12,939 12,265 3.9

p

 Preliminary  

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

1

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

non‐calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. 

Estimates are not adjusted for price changes.     

Note:  Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision.  One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting.  Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.      

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019.  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 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

             to Shipments, by Industry Group 1

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

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Jun May Apr Mar Jun May Apr Mar

2019p 2019r 2019 2019 2019p 2019r 2019 2019

All manufacturing industries3

.................................... 1.37 1.38 1.37 1.36 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.65 1.67 1.67 1.64 6.53 6.62 6.69 6.61

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

  Nonmetallic mineral products............................. 1.31 1.33 1.34 1.34 (X) (X) (X) (X)

  Primary metals............................................................ 1.75 1.76 1.75 1.72 1.52 1.52 1.51 1.50

  Fabricated metal products...................................... 1.62 1.62 1.63 1.63 2.61 2.62 2.64 2.62

  Machinery..................................................................... 2.15 2.16 2.17 2.17 3.42 3.44 3.48 3.54

  Computers and electronic products3

................... 1.55 1.53 1.54 1.56 5.44 5.39 5.35 5.41

  Electrical equipment, appliances,

      and components.................................................... 1.72 1.73 1.74 1.75 1.82 1.82 1.82 1.82

  Transportation equipment..................................... 1.58 1.61 1.59 1.50 14.56 14.99 15.22 14.56

  Furniture and related products............................ 1.16 1.18 1.19 1.19 1.39 1.40 1.40 1.41

  Miscellaneous products.......................................... 1.78 1.79 1.79 1.78 (X) (X) (X) (X)

Nondurable goods industries................................... 1.09 1.08 1.08 1.08 (X) (X) (X) (X)

  Food products............................................................. 0.81 0.80 0.80 0.81 (X) (X) (X) (X)

  Beverage and tobacco products........................... 2.00 1.97 2.01 2.09 (X) (X) (X) (X)

  Textiles.......................................................................... 1.34 1.35 1.37 1.37 (X) (X) (X) (X)

  Textile products......................................................... 1.57 1.57 1.57 1.55 (X) (X) (X) (X)

  Apparel........................................................................ 2.00 2.04 2.07 2.05 (X) (X) (X) (X)

  Leather and allied products................................ 1.87 1.90 1.86 1.87 (X) (X) (X) (X)

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

  Printing........................................................................ 0.81 0.83 0.84 0.84 (X) (X) (X) (X)

  Petroleum and coal products............................... 0.77 0.75 0.75 0.76 (X) (X) (X) (X)

  Chemical products................................................... 1.35 1.36 1.37 1.36 (X) (X) (X) (X)

  Plastics and rubber products................................ 1.37 1.38 1.38 1.37 (X) (X) (X) (X)

Jun3 Jun3 Jun3 Jun3

Industry 2018‐ 2018‐ 2018‐ 2018‐

Jun2 May Jun2 May Jun2 May Jun2 May

2019 2019 2019 2019 2019 2019 2019 2019

          

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

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

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

  Nonmetallic mineral products.............. (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

  Primary metals............................................. ‐0.4 0.3 0.0 0.7 0.4 0.4 0.2 0.3

  Fabricated metal products.................... ‐0.1 0.3 ‐0.4 0.7 ‐0.2 0.2 0.1 0.1

  Machinery...................................................... ‐0.1 0.4 ‐0.3 0.7 ‐0.1 0.1 0.0 0.1

  Computers and electronic products..... ‐0.4 0.3 ‐0.6 0.4 ‐0.1 0.1 ‐0.1 0.1

  Electrical equipment, appliances,

      and components..................................... 0.1 0.3 0.1 0.5 0.0 0.2 ‐0.1 0.3

  Transportation equipment.................... ‐0.1 0.4 ‐0.1 1.0 0.0 0.1 0.1 0.1

  Furniture and related products............. (X) 0.5 (X) 0.6 (X) 0.7 (X) 0.3

  Miscellaneous products.......................... (X) 0.2 (X) 0.1 (X) 0.1 (X) 0.1

Nondurable goods industries................... (X) 0.2 (X) (NA) (X) (NA) (X) 0.1

  Food products.............................................. (X) 0.1 (X) (NA) (X) (NA) (X) 0.1

  Beverage and tobacco products............ (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

  Textiles.......................................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

  Textile products......................................... (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

  Apparel......................................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.5

  Leather and allied products.................. (X) 0.8 (X) (NA) (X) (NA) (X) 0.4

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

  Printing.......................................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

  Petroleum and coal products............... (X) 0.5 (X) (NA) (X) (NA) (X) 0.4

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

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

X

 Not Applicable  

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment.     2

 Excludes the following industries with no unfilled orders:  Wood products; nonmetallic mineral products; medical equipment and supplies; office supplies; 

other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and peripheral devices; audio and video 

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

miscellaneous furniture.    

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing.  

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

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

sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see 

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019. 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>. 

X  Not Applicable  

NA  Not Available         

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories  are for the 

end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for non‐calendar reporters. Seasonally 

adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation, 

based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.    2

 The current month revisions are the difference between the advance percent change and the percent change as shown in this  publication.      3

 The twelve month revisions are the differences between the month‐to‐month percent changes of the preliminary and final estimates.  The 

monthly averages are the simple averages of the absolute values of the differences for the months specified. The advance to final percent 

change revisions for the durable goods industries are shown in the advance report for the month.       

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

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

estimates of sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2019. 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 8.  Revisions to Previously Published Monthly Percent Changes 1

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

Shipments New Orders Unfilled Orders Inventories