Manufacturers' Shipments,

 Inventories, and Orders: June 2004 Issued August 2004

 M3-1(04)-06

 For Wire Transmission 10:00 a.m. E.D.T., August 4, 2004 Current 

 Industrial

 Reports

For data, call 301-763-4673. For inquiries, contact Chris Savage or Patrick Kent, Manufacturers' Shipments, Inventories and Orders Branch, Manufacturing and 

Construction Divison (MCD), Washington, DC 20233-6900 or call 301-763-4832.

The advance report on durable goods for July is scheduled for August 25, 2004 at 8:30 a.m. and the full report on September 2, 2004 at 10:00 a.m. 

For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington DC, 20402 

Our Internet address is : http://www.census.gov/m3

Total Manufacturing Shipments

and Three Month Moving Average

300

320

340

360

380

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03Apr-03

Jun-03

Aug-03

Oct-03

Dec-03

Feb-04Apr-04

Jun-04

300

320

340

360

380

 Shipments Average

Billions Of Dollars

Total Manufacturing Inventories

and Three Month Moving Average

420

440

460

480

500

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03Apr-03

Jun-03

Aug-03

Oct-03

Dec-03

Feb-04Apr-04

Jun-04

420

440

460

480

500

 Inventories Average

Billions Of Dollars
 2

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

for semiconductor manufacturing.

Summary

New orders for manufactured goods in June increased

$2.7 billion or 0.7 percent to $363.2 billion, the

Department of Commerce, Census Bureau reported today. 

This followed a 0.4 percent May increase.

Shipments, up seven of the last ten months, increased

$2.5 billion or 0.7 percent to $367.2 billion. This was at

the highest level since the series was first stated on a

NAICS basis in 1992 and followed a 0.6 percent May

increase.

Unfilled orders, up ten of the last eleven months,

increased $3.2 billion or 0.6 percent to $527.5 billion. 

This followed a 0.6 percent May increase. The unfilled

orders-to-shipments ratio was 3.96, down from 3.97 in

May.

Inventories, up seven consecutive months, increased

$3.0 billion or 0.7 percent to $452.9 billion. This

followed a 0.7 percent May increase. The inventories-toshipments ratio was unchanged at 1.23.

New Orders

New orders for manufactured durable goods in June

increased $1.8 billion or 0.9 percent to $192.0 billion,

revised from the previously published $1.4 billion

increase.

Transportation equipment, up three of the last five

months, had the largest increase, $2.4 billion or 4.4

percent to $55.7 billion, due to defense aircraft and parts,

which increased $2.2 billion. Fabricated metal products

increased $0.8 billion or 3.4 percent to $23.3 billion. 

New orders for manufactured nondurable goods

increased $0.9 billion or 0.5 percent to $171.2 billion.

Shipments

Shipments of manufactured durable goods in June, up

seven of the last ten months, increased $1.6 billion or 0.8

percent to $196.0 billion, revised from the previously

published $1.3 billion increase.

Machinery had the largest increase, $0.8 billion or 3.4

percent to $24.0 billion. Transportation equipment 

increased $0.5 billion or 0.9 percent to $54.3 billion. 

 Shipments of manufactured nondurable goods, up

nine of the last ten months, increased $0.9 billion or 0.5

percent to $171.2 billion. Paper products, up nine of the

last ten months, had the largest increase, $0.6 billion or

4.2 percent to $14.7 billion. Paper products was at the

highest level since the series began in 1992.

Unfilled Orders

 Unfilled orders of manufactured durable goods in

June, up ten of the last eleven months, increased $3.2

billion or 0.6 percent to $527.5 billion, revised from the

previously published $3.1 billion increase.

Transportation equipment, up three of the last four

months, had the largest increase, $1.4 billion or 0.6

percent to $252.3 billion, due to defense aircraft and

parts, which increased $1.4 billion. Computers and

electronic products, up five consecutive months,

increased $0.9 billion or 0.6 percent to $135.8 billion.

Inventories

Inventories of manufactured durable goods in June,

up seven consecutive months, increased $2.3 billion or

0.9 percent to $271.6 billion, revised from the

previously published $1.9 billion increase.

Computers and electronic products, up four

consecutive months, had the largest increase, $0.7

billion or 1.4 percent to $48.2 billion.

Inventories of manufactured nondurable goods, up

six consecutive months, increased $0.7 billion or 0.4

percent to $181.3 billion. This was at the highest level

since the series began in 1992. Basic chemicals, up six

consecutive months, increased $0.5 billion or 0.8

percent to $56.0 billion. Basic chemicals was also at

the highest level since the series began in 1992.

By stage of fabrication, June materials and supplies

increased 0.8 percent in durable goods and decreased

0.3 percent in nondurable goods. Work in process

increased 0.9 percent in durable goods and 1.5 percent

in nondurable goods. Finished goods increased 1.0

percent in durable goods and 0.4 percent in nondurable

goods.

SEE BACK PAGE FOR SURVEY DESCRIPTION

Our internet address is: http://www.census.gov/m3

For data, call 301-763-4673. For inquiries, contact Chris Savage or Patrick Kent, Manufacturers’ Shipments, Inventories, and Orders Branch,

Manufacturing and Construction Division (MCD), Washington, DC 20233-6900, or call 301-763-4832.

The advance report on durable goods for July is scheduled for August 25, 2004 at 8:30 A.M. EDT and the full report on September 2, 2004 at

10:00 A.M. EDT. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.
 3 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

June May Apr. May -Apr. - Mar. - June May Apr. June 2004/

2004p 2004r 2004 June May Apr. 2004p 2004r 2004 2003 2004p 2003 2003

 All manufacturing industries .................. 367,221 364,705 362,569 0.7 0.6 -0.1 393,076 367,073 360,275 348,612 2,168,380 1,959,804 10.6

 Excluding transportation ................... 312,971 310,950 309,022 0.6 0.6 0.7 333,956 312,075 306,336 293,409 1,833,136 1,647,612 11.3

 Excluding defense .............................. 357,648 354,936 353,143 0.8 0.5 0.0 382,776 357,347 351,325 338,775 2,110,289 1,908,233 10.6

 With unfilled orders ........................... 133,108 131,960 132,384 0.9 -0.3 -0.4 145,637 132,250 130,738 130,189 792,382 716,941 10.5

 Durable goods industries ........................ 196,009 194,389 195,512 0.8 -0.6 -0.8 214,766 194,617 193,518 192,530 1,171,205 1,056,958 10.8

 Wood products................................. ...... 9,142 9,638 9,512 -5.1 1.3 4.4 10,095 10,087 9,704 8,257 53,737 43,170 24.5

 Nonmetallic mineral products................... 7,422 7,435 7,644 -0.2 -2.7 -2.1 8,020 7,586 7,808 7,705 43,848 42,425 3.4

 Primary metals............................ .......... 13,645 13,236 13,248 3.1 -0.1 -0.5 14,505 13,659 13,761 10,934 80,019 67,067 19.3

 Iron and steel mills............................ 6,449 6,107 6,043 5.6 1.1 2.7 6,944 6,330 6,289 4,936 36,445 30,868 18.1

 Aluminum and nonferrous metals......... 5,650 5,619 5,681 0.6 -1.1 -3.2 5,867 5,771 5,876 4,671 34,380 28,329 21.4

 Ferrous metal foundries...................... 1,546 1,510 1,524 2.4 -0.9 -2.7 1,694 1,558 1,596 1,327 9,194 7,870 16.8

 Fabricated metal products...................... 22,804 22,593 22,612 0.9 -0.1 -0.7 24,121 22,910 22,559 21,088 132,908 122,040 8.9

 Machinery............................................. 24,044 23,258 23,904 3.4 -2.7 -0.1 26,864 24,141 25,278 23,110 144,767 127,467 13.6

 Farm machinery................................. 1,664 1,690 1,738 -1.5 -2.8 5.7 1,731 1,858 2,187 1,406 10,920 9,152 19.3

 Construction machinery..................... 2,256 2,250 2,233 0.3 0.8 3.4 2,575 2,520 2,533 1,954 14,236 10,610 34.2

 Mining, oil field, and 

 gas field machinery......................... 876 832 824 5.3 1.0 2.9 960 818 798 735 4,944 4,164 18.7

 Industrial machinery.......................... 3,318 3,022 3,132 9.8 -3.5 -10.1 3,848 2,859 3,315 3,496 19,395 17,536 10.6

 Photographic equipment...................... 877 919 962 -4.6 -4.5 4.9 1,013 884 884 922 5,264 4,580 14.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,738 2,716 2,748 0.8 -1.2 -0.8 3,337 2,918 2,702 3,048 16,449 14,973 9.9

 Metalworking machinery..................... 2,052 1,865 1,961 10.0 -4.9 -3.6 2,335 1,788 1,848 1,803 11,476 10,150 13.1

 Turbines, generators, and other

 power transmission equipment....... 3,139 2,989 3,100 5.0 -3.6 0.9 3,428 3,177 3,152 2,814 18,655 16,208 15.1

 Material handling equipment............... 1,460 1,463 1,476 -0.2 -0.9 -3.0 1,544 1,405 1,501 1,374 8,934 8,016 11.5

 Computers and electronic products ......... 38,344 38,148 38,766 0.5 -1.6 2.5 43,788 35,552 35,041 39,941 224,759 196,310 14.5

 Computers........................................ 5,166 5,256 6,246 -1.7 -15.9 20.0 5,465 4,370 5,780 4,913 31,111 25,585 21.6

 Computer storage devices................... 1,608 1,276 1,234 26.0 3.4 -17.8 2,573 962 853 2,382 8,430 7,533 11.9

 Other peripheral equipment................ 1,530 1,648 1,588 -7.2 3.8 1.9 1,929 1,373 1,288 1,986 8,957 8,503 5.3

 Nondefense communications

 equipment.................................... 6,253 6,464 6,592 -3.3 -1.9 5.6 7,222 6,278 5,863 7,257 37,559 33,234 13.0

 Defense communications equipment... 495 490 476 1.0 2.9 -0.8 511 537 463 435 3,044 2,474 23.0

 Audio and video equipment.................. 671 670 706 0.1 -5.1 6.5 625 577 572 639 3,566 3,641 -2.1

 Semiconductors ................................. 7,149 7,298 7,071 -2.0 3.2 3.5 7,683 6,921 6,564 6,670 41,295 34,421 20.0

 Electronic components........................ 4,483 4,437 4,445 1.0 -0.2 2.1 4,790 4,379 4,071 4,401 25,998 24,024 8.2

 Nondefense search and navigation

 equipment..................................... 953 937 908 1.7 3.2 -1.2 1,051 936 829 927 5,399 4,937 9.4

 Defense search and navigation

 equipment..................................... 2,596 2,735 2,585 -5.1 5.8 5.2 2,833 2,716 2,545 2,574 15,430 13,916 10.9

 Electromedical, measuring,

 and control instruments................. 6,900 6,415 6,323 7.6 1.5 -10.5 8,574 6,028 5,706 7,215 40,868 35,195 16.1

 Electrical equipment, appliances, 

 and components................................... 8,708 8,769 8,806 -0.7 -0.4 2.0 9,562 8,793 8,563 9,059 51,741 49,747 4.0

 Electric lighting equipment................... 1,029 1,061 1,091 -3.0 -2.7 -1.7 1,088 1,057 1,021 1,131 6,321 6,215 1.7

 Household appliances........................ 2,024 2,001 1,949 1.1 2.7 0.2 2,251 2,025 1,905 2,138 11,764 11,380 3.4

 Electrical equipment............................ 2,608 2,641 2,667 -1.2 -1.0 4.1 2,929 2,641 2,537 2,766 15,520 14,695 5.6

 Batteries........................................... 494 486 490 1.6 -0.8 0.4 531 454 444 477 2,757 2,548 8.2

 Transportation equipment...................... 54,250 53,755 53,547 0.9 0.4 -4.7 59,120 54,998 53,939 55,203 335,244 312,192 7.4

 Automobiles..................................... 7,575 7,332 7,491 3.3 -2.1 -6.1 8,253 7,578 7,576 7,370 47,595 44,366 7.3

 Light trucks and utility vehicles............ 11,365 10,955 11,569 3.7 -5.3 -5.7 12,259 11,179 11,783 11,061 72,443 65,121 11.2

 Heavy duty trucks ............................. 1,204 1,159 1,196 3.9 -3.1 2.3 1,358 1,213 1,236 1,274 7,151 6,461 10.7

 Motor vehicle bodies, parts, 

 and trailers.................................... 18,214 18,151 18,349 0.3 -1.1 -3.4 19,631 18,948 19,579 18,589 114,943 110,708 3.8

 Nondefense aircraft and parts.............. 6,325 6,608 5,487 -4.3 20.4 -6.7 7,347 6,342 4,801 7,060 35,240 33,550 5.0

 Defense aircraft and parts.................. 3,677 3,664 3,514 0.4 4.3 -11.2 4,018 3,523 3,230 3,920 22,380 18,937 18.2

 Ships and boats................................. 2,450 2,417 2,402 1.4 0.6 2.8 2,503 2,704 2,487 2,185 14,338 12,492 14.8

 Furniture and related products................. 6,106 6,276 6,192 -2.7 1.4 4.2 6,188 6,118 6,092 5,799 36,548 33,832 8.0

 Miscellaneous durable goods................. 11,544 11,281 11,281 2.3 0.0 -3.2 12,503 10,773 10,773 11,434 67,634 62,708 7.9

 Nondurable goods industries................... 171,212 170,316 167,057 0.5 2.0 0.8 178,310 172,456 166,757 156,082 997,175 902,846 10.4

 Food products....................................... 41,429 41,340 40,192 0.2 2.9 2.9 41,838 40,657 39,190 38,384 235,775 223,211 5.6

 Grain and oilseed milling..................... 3,409 3,422 3,506 -0.4 -2.4 0.4 3,247 3,425 3,382 3,856 20,478 24,010 -14.7

 Dairy products.................................. 6,753 6,885 6,588 -1.9 4.5 3.2 6,953 7,016 6,477 5,488 37,967 31,261 21.5

 Meat, poultry, and seafood products... 12,571 12,326 11,403 2.0 8.1 5.5 13,002 12,489 11,239 11,525 69,191 65,754 5.2

 Beverage and tobacco products............... 9,413 8,926 8,927 5.5 0.0 -3.9 10,069 9,519 8,941 9,383 53,730 52,581 2.2

 Beverages......................................... 5,980 5,974 5,857 0.1 2.0 0.6 6,636 6,567 5,871 6,186 35,486 34,028 4.3

 Tobacco............................................ 3,433 2,952 3,070 16.3 -3.8 -11.4 3,433 2,952 3,070 3,197 18,244 18,553 -1.7

 Textile mills........................................... 3,360 3,470 3,431 -3.2 1.1 1.1 3,628 3,545 3,463 3,493 20,747 20,048 3.5

 Textile products................................... 3,104 3,108 3,100 -0.1 0.3 -2.1 3,298 3,146 3,152 3,074 18,875 16,966 11.3

 Apparel................................................ 4,820 4,824 4,749 -0.1 1.6 0.7 4,707 4,383 4,414 4,255 27,203 25,117 8.3

 Leather and allied products..................... 910 877 878 3.8 -0.1 -0.1 932 814 813 912 5,097 5,307 -4.0

 Paper products...................................... 14,701 14,115 14,018 4.2 0.7 1.1 15,272 14,038 13,817 13,811 84,444 79,182 6.6

 Pulp, paper, and paperboard mills....... 5,993 5,948 5,872 0.8 1.3 0.7 6,177 5,862 5,786 5,828 35,242 34,642 1.7

 Paperboard containers........................ 3,743 3,734 3,755 0.2 -0.6 2.8 3,876 3,773 3,810 3,836 22,227 22,051 0.8

 Printing................................................. 8,170 7,994 7,835 2.2 2.0 -0.8 8,110 7,606 7,636 7,689 46,158 46,800 -1.4

 Petroleum and coal products.................. 26,577 27,336 25,871 -2.8 5.7 -0.4 28,374 29,491 26,485 20,228 155,181 115,942 33.8

 Petroleum refineries.......................... 24,420 25,146 23,751 -2.9 5.9 -1.0 25,741 27,190 24,383 18,345 143,234 106,524 34.5

 Basic chemicals...................................... 41,889 41,750 41,372 0.3 0.9 1.0 44,156 42,073 41,562 38,828 249,192 225,170 10.7

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 1,706 1,656 1,613 3.0 2.7 -1.3 1,992 2,248 2,474 1,707 12,047 10,839 11.1

 Pharmaceuticals and medicines............ 9,910 9,843 9,665 0.7 1.8 2.2 10,048 9,634 9,215 9,414 57,303 57,318 0.0

 Paints, coatings, and adhesives.......... 2,496 2,534 2,690 -1.5 -5.8 -4.9 2,686 2,704 2,838 2,543 15,460 14,261 8.4

 Plastics and rubber products.................. 16,839 16,576 16,684 1.6 -0.6 0.7 17,926 17,184 17,284 16,025 100,773 92,522 8.9

p Preliminary r

 Revised NA Not available.

1

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

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

Year to date
 4

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

June May Apr. May -Apr. - Mar. - June May Apr. June 2004/

2004p 2004r 2004 June May Apr. 2004p 2004r 2004 2003 2004p 2003 2003

All manufacturing industries 2................... 363,242 360,561 359,124 0.7 0.4 -1.1 383,472 361,888 357,653 339,178 2,154,419 1,934,149 11.4

 Excluding transportation 2

................... 307,586 307,265 304,847 0.1 0.8 -0.3 324,496 308,886 303,598 284,521 1,817,250 1,617,894 12.3

 Excluding defense 2

............................. 352,433 351,921 349,805 0.1 0.6 -0.8 373,163 355,079 348,341 329,817 2,092,037 1,873,863 11.6

 With unfilled orders 2

.......................... 136,278 135,114 136,010 0.9 -0.7 -2.8 143,716 133,986 134,680 127,425 819,716 725,707 13.0

 Durable goods industries 2........................ 192,030 190,245 192,067 0.9 -0.9 -2.7 205,162 189,432 190,896 183,096 1,157,244 1,031,303 12.2

 Primary metals............................ ............ 13,690 13,706 13,337 -0.1 2.8 -4.4 14,359 14,093 13,557 11,024 83,160 66,923 24.3

 Iron and steel mills.............................. 6,416 6,339 6,206 1.2 2.1 -1.1 6,791 6,650 6,233 4,982 38,076 30,689 24.1

 Aluminum and nonferrous metals......... 5,747 5,737 5,626 0.2 2.0 -7.3 5,939 5,801 5,777 4,738 35,639 28,345 25.7

 Ferrous metal foundries...................... 1,527 1,630 1,505 -6.3 8.3 -6.1 1,629 1,642 1,547 1,304 9,445 7,889 19.7

 Fabricated metal products...................... 23,332 22,573 23,963 3.4 -5.8 -1.1 23,884 23,557 24,064 20,568 139,953 121,512 15.2

 Machinery............................................. 24,421 24,223 24,192 0.8 0.1 -4.1 26,221 24,915 25,940 21,833 150,385 126,376 19.0

 Construction machinery....................... 2,241 2,228 2,337 0.6 -4.7 -3.4 2,179 2,356 2,825 1,730 15,679 10,578 48.2

 Mining, oil field, and

 gas field machinery......................... 888 906 882 -2.0 2.7 -2.6 972 892 856 741 5,329 4,056 31.4

 Industrial machinery............................ 3,662 3,231 2,896 13.3 11.6 -17.7 3,916 3,030 3,209 3,058 20,433 17,887 14.2

 Photographic equipment...................... 855 909 969 -5.9 -6.2 2.1 960 867 910 936 5,341 4,757 12.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,660 2,957 2,862 -10.0 3.3 0.4 3,131 3,232 2,955 2,845 17,117 15,224 12.4

 Metalworking machinery....................... 2,178 1,987 2,077 9.6 -4.3 -5.7 2,434 1,902 1,939 1,854 12,215 10,177 20.0

 Turbines, generators, and other 

 power transmission equipment.......... 3,010 3,145 3,160 -4.3 -0.5 -15.4 3,241 3,411 3,207 2,488 19,278 14,002 37.7

 Material handling equipment............... 1,509 1,553 1,559 -2.8 -0.4 6.9 1,584 1,408 1,523 1,274 9,053 7,931 14.1

 Computers and electronic products 2...... 32,062 32,468 32,443 -1.3 0.1 -1.9 35,750 29,787 29,707 32,768 190,810 167,308 14.0

 Computers........................................ 5,663 5,765 5,793 -1.8 -0.5 16.8 5,918 5,393 5,133 5,043 31,167 26,420 18.0

 Nondefense communications

 equipment...................................... 5,701 6,191 7,490 -7.9 -17.3 22.8 5,639 5,903 7,501 6,091 38,224 37,801 1.1

 Defense communications equipment... 525 383 397 37.1 -3.5 -14.4 541 430 384 473 3,042 2,672 13.8

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

 Electronic components........................ 4,700 4,993 4,679 -5.9 6.7 0.0 5,082 4,811 4,195 4,289 27,734 21,797 27.2

 Nondefense search and navigation

 equipment..................................... 897 1,023 1,002 -12.3 2.1 5.3 988 1,065 874 915 5,563 5,139 8.3

 Defense search and navigation

 equipment...................................... 2,854 2,957 2,748 -3.5 7.6 -1.3 3,101 2,198 2,655 2,672 17,762 14,706 20.8

 Electromedical, measuring,

 and control instruments.................... 7,373 7,040 6,214 4.7 13.3 -29.7 8,822 6,600 5,745 7,736 43,263 36,249 19.3

 Electrical equipment, appliances, 

 and components................................... 8,507 8,930 9,383 -4.7 -4.8 4.7 9,083 8,993 9,181 8,945 53,089 49,768 6.7

 Electric lighting equipment................... 897 1,158 1,360 -22.5 -14.9 14.7 955 1,201 1,279 1,160 6,687 6,230 7.3

 Household appliances.......................... 1,896 2,048 2,010 -7.4 1.9 -1.2 2,010 2,064 1,949 1,954 11,633 11,406 2.0

 Electrical equipment............................ 2,684 2,629 2,922 2.1 -10.0 11.3 2,907 2,663 2,890 2,789 16,151 15,040 7.4

 Transportation equipment........................ 55,656 53,296 54,277 4.4 -1.8 -5.2 58,976 53,002 54,055 54,657 337,169 316,255 6.6

 Motor vehicle bodies, parts, 

 and trailers..................................... 18,515 18,560 18,756 -0.2 -1.0 -2.1 19,615 19,028 19,702 18,311 116,105 110,256 5.3

 Nondefense aircraft and parts.............. 6,208 6,751 5,889 -8.0 14.6 -7.8 7,203 6,357 4,360 7,024 34,228 28,207 21.3

 Defense aircraft and parts................... 5,087 2,841 2,295 79.1 23.8 -9.7 5,016 2,248 2,610 3,651 20,458 24,912 -17.9

 Ships and boats.................................. 2,154 2,156 1,971 -0.1 9.4 -0.6 1,948 2,120 1,981 2,003 13,794 11,087 24.4

 Furniture and related products................. 6,255 6,365 6,281 -1.7 1.3 2.7 6,272 6,309 6,353 5,875 37,536 34,361 9.2

 Nondurable goods industries.................. 171,212 170,316 167,057 0.5 2.0 0.8 178,310 172,456 166,757 156,082 997,175 902,846 10.4

p

 Preliminary r Revised NA Not available.

1

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

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

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

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

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

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

Year to date
 5 

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

June May Apr. May - Apr. - Mar. - June May Apr. June June

2004p 2004r 2004 June May Apr. 2004p 2004r 2004 2003 04/03

All manufacturing industries 1................... 527,535 524,365 521,211 0.6 0.6 0.7 529,750 531,671 529,935 489,445 8.2

 Excluding transportation 1................... 275,273 273,509 269,896 0.6 1.3 1.1 276,544 278,321 274,589 240,966 14.8

 Excluding defense 1

............................. 367,241 365,307 361,024 0.5 1.2 1.0 367,502 369,432 364,779 336,185 9.3

 Durable goods industries 1

........................ 527,535 524,365 521,211 0.6 0.6 0.7 529,750 531,671 529,935 489,445 8.2

 Primary metals........................................ 18,777 18,732 18,262 0.2 2.6 0.5 19,143 19,289 18,855 14,315 33.7

 Iron and steel mills.............................. 10,644 10,677 10,445 -0.3 2.2 1.6 10,898 11,051 10,731 7,621 43.0

 Aluminum and nonferrous metals......... 5,552 5,455 5,337 1.8 2.2 -1.0 5,677 5,605 5,575 4,497 26.2

 Ferrous metal foundries...................... 2,581 2,600 2,480 -0.7 4.8 -0.8 2,568 2,633 2,549 2,197 16.9

 Fabricated metal products...................... 44,762 44,234 44,254 1.2 0.0 3.1 45,066 45,303 44,656 36,372 23.9

 Machinery.............................................. 48,490 48,113 47,148 0.8 2.0 0.6 48,500 49,143 48,369 41,329 17.4

 Construction machinery....................... 4,196 4,211 4,233 -0.4 -0.5 2.5 4,149 4,545 4,709 1,977 109.9

 Mining, oil field, and

 gas field machinery......................... 1,447 1,435 1,361 0.8 5.4 4.5 1,447 1,435 1,361 790 83.2

 Industrial machinery............................ 8,441 8,097 7,888 4.2 2.6 -2.9 8,376 8,308 8,137 7,823 7.1

 Photographic equipment...................... 916 938 948 -2.3 -1.1 0.7 904 957 974 731 23.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,805 4,883 4,642 -1.6 5.2 2.5 4,915 5,121 4,807 4,247 15.7

 Metalworking machinery....................... 4,693 4,567 4,445 2.8 2.7 2.7 4,699 4,600 4,486 3,670 28.0

 Turbines, generators, and other 

 power transmission equipment.......... 9,980 10,109 9,953 -1.3 1.6 0.6 9,961 10,148 9,914 8,524 16.9

 Material handling equipment............... 4,947 4,898 4,808 1.0 1.9 1.8 4,980 4,940 4,937 4,804 3.7

 Computers and electronic products 1...... 135,847 134,980 133,362 0.6 1.2 0.6 136,502 136,857 135,701 124,236 9.9

 Computers......................................... 8,625 8,128 7,619 6.1 6.7 -5.6 8,861 8,408 7,385 8,959 -1.1

 Nondefense communications

 equipment...................................... 46,840 47,392 47,665 -1.2 -0.6 1.9 47,045 48,628 49,003 46,372 1.5

 Defense communications equipment... 3,387 3,357 3,464 0.9 -3.1 -2.2 3,387 3,357 3,464 3,140 7.9

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

 Electronic components.......................... 15,780 15,563 15,007 1.4 3.7 1.6 15,665 15,373 14,941 13,257 18.2

 Nondefense search and navigation

 equipment..................................... 4,684 4,740 4,654 -1.2 1.8 2.1 4,745 4,808 4,679 4,691 1.2

 Defense search and navigation

 equipment...................................... 38,039 37,781 37,559 0.7 0.6 0.4 38,406 38,138 38,656 34,424 11.6

 Electromedical, measuring,

 and control instruments.................... 18,492 18,019 17,394 2.6 3.6 -0.6 18,393 18,145 17,573 13,393 37.3

 Electrical equipment, appliances, 

 and components................................... 14,875 15,076 14,915 -1.3 1.1 4.0 14,763 15,242 15,042 13,813 6.9

 Electric lighting equipment................... 1,592 1,724 1,627 -7.7 6.0 19.8 1,623 1,756 1,612 1,470 10.4

 Household appliances.......................... 735 863 816 -14.8 5.8 8.1 636 877 838 925 -31.2

 Electrical equipment............................ 8,899 8,823 8,835 0.9 -0.1 3.0 8,904 8,926 8,904 8,416 5.8

 Transportation equipment........................ 252,262 250,856 251,315 0.6 -0.2 0.3 253,206 253,350 255,346 248,479 1.9

 Motor vehicle bodies, parts, 

 and trailers..................................... 15,055 14,754 14,345 2.0 2.9 2.9 14,782 14,798 14,718 11,681 26.5

 Nondefense aircraft and parts.............. 104,388 104,505 104,362 -0.1 0.1 0.4 104,059 104,203 104,188 106,151 -2.0

 Defense aircraft and parts................... 57,726 56,316 57,139 2.5 -1.4 -2.1 58,848 57,850 59,125 61,939 -5.0

 Ships and boats.................................. 19,926 20,222 20,483 -1.5 -1.3 -2.1 19,917 20,472 21,056 19,243 3.5

 Furniture and related products................. 6,296 6,147 6,058 2.4 1.5 1.5 6,344 6,260 6,069 5,783 9.7

p

 Preliminary r Revised NA Not available.

1

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

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

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

June May Apr. May - Apr. - Mar. - June May Apr. June June

2004p 2004r 2004 June May Apr. 2004p 2004r 2004 2003 04/03

 All manufacturing industries..................... 452,907 449,946 446,699 0.7 0.7 0.5 451,679 453,817 449,025 439,285 2.8

 Excluding transportation...................... 384,478 381,696 378,369 0.7 0.9 0.5 383,625 385,221 380,463 371,947 3.1

 Excluding defense............................. 428,627 425,580 422,491 0.7 0.7 0.5 427,237 429,450 424,818 416,233 2.6

 With unfilled orders............................. 211,582 209,906 208,497 0.8 0.7 0.7 211,038 211,737 209,626 207,548 1.7

 Durable goods industries........................ 271,605 269,308 267,206 0.9 0.8 0.6 270,786 272,027 269,079 264,092 2.5

 Wood products........................................ 10,204 10,253 10,161 -0.5 0.9 1.2 10,026 10,284 10,306 9,282 8.0

 Nonmetallic mineral products................... 9,212 9,236 9,178 -0.3 0.6 -0.4 9,317 9,431 9,362 9,957 -6.4

 Primary metals........................................ 18,804 18,529 18,342 1.5 1.0 1.6 18,753 18,452 18,276 18,056 3.9

 Iron and steel mills.............................. 10,155 9,830 9,655 3.3 1.8 2.2 10,067 9,720 9,555 9,866 2.0

 Aluminum and nonferrous metals......... 6,901 6,967 7,001 -0.9 -0.5 1.2 6,881 6,939 6,975 6,447 6.7

 Ferrous metal foundries...................... 1,748 1,732 1,686 0.9 2.7 0.1 1,805 1,793 1,746 1,743 3.6

 Fabricated metal products......................... 32,850 32,481 31,929 1.1 1.7 1.6 32,888 32,739 32,191 31,403 4.7

 Machinery.............................................. 43,677 43,249 42,632 1.0 1.4 0.3 43,386 43,567 42,949 41,590 4.3

 Farm machinery.................................. 2,401 2,354 2,310 2.0 1.9 -1.0 2,382 2,359 2,346 2,150 10.8

 Construction machinery........................ 4,006 3,875 3,786 3.4 2.4 0.5 3,956 3,870 3,838 3,403 16.3

 Mining, oil field, 

 and gas field machinery.................. 2,419 2,386 2,350 1.4 1.5 2.2 2,465 2,429 2,363 2,311 6.7

 Industrial machinery............................ 6,981 6,931 6,778 0.7 2.3 -0.3 6,975 7,088 6,790 6,700 4.1

 Photographic equipment...................... 1,411 1,406 1,385 0.4 1.5 -0.5 1,398 1,447 1,404 1,376 1.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,210 4,230 4,230 -0.5 0.0 -1.0 4,178 4,364 4,400 4,034 3.6

 Metalworking machinery....................... 4,365 4,367 4,405 0.0 -0.9 -0.8 4,332 4,394 4,382 4,535 -4.5

 Turbines, generators, and other

 power transmission equipment.......... 4,547 4,515 4,428 0.7 2.0 2.6 4,459 4,465 4,369 4,101 8.7

 Material handling equipment............... 2,387 2,326 2,329 2.6 -0.1 1.7 2,404 2,338 2,356 2,340 2.7

 Computers and electronic products......... 48,194 47,534 47,411 1.4 0.3 0.5 47,872 48,411 47,769 47,257 1.3

 Computers......................................... 2,504 2,337 2,273 7.1 2.8 -7.7 2,566 2,428 2,182 2,665 -3.7

 Computer storage devices................... 1,206 1,184 1,192 1.9 -0.7 -0.4 1,153 1,314 1,256 1,132 1.9

 Other peripheral equipment................ 2,389 2,362 2,312 1.1 2.2 3.9 2,315 2,409 2,323 2,307 0.3

 Nondefense communications

 equipment...................................... 9,346 9,388 9,421 -0.4 -0.4 1.7 9,157 9,630 9,477 9,839 -6.9

 Defense communications equipment...... 1,327 1,335 1,345 -0.6 -0.7 3.0 1,327 1,335 1,345 1,284 3.3

 Audio and video equipment.................. 1,002 962 892 4.2 7.8 -1.4 984 885 827 933 5.5

 Semiconductors1

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

 Electronic components.......................... 7,841 7,698 7,839 1.9 -1.8 1.3 7,810 7,814 7,979 7,616 2.5

 Nondefense search and navigation

 equipment...................................... 2,472 2,441 2,448 1.3 -0.3 -1.1 2,457 2,446 2,471 2,632 -6.6

 Defense search and navigation

 equipment...................................... 2,873 2,844 2,837 1.0 0.2 -0.3 2,884 2,863 2,865 2,845 1.4

 Electromedical, measuring 

 and control instruments.................... 10,288 10,166 10,178 1.2 -0.1 0.7 10,198 10,254 10,241 10,051 1.5

 Electrical equipment, appliances, 

 and components................................... 12,627 12,504 12,310 1.0 1.6 -0.2 12,689 12,912 12,704 12,507 1.5

 Electric lighting equipment................... 1,440 1,420 1,411 1.4 0.6 0.4 1,478 1,456 1,427 1,517 -2.6

 Household appliances.......................... 2,203 2,193 2,169 0.5 1.1 1.2 2,237 2,361 2,320 2,064 8.4

 Electrical equipment............................ 4,465 4,391 4,279 1.7 2.6 -0.6 4,399 4,467 4,392 3,991 10.2

 Batteries............................................ 591 604 594 -2.2 1.7 -0.2 615 637 605 566 8.7

 Transportation equipment...................... 68,429 68,250 68,330 0.3 -0.1 0.5 68,054 68,596 68,562 67,338 1.1

 Automobiles....................................... 2,189 2,084 2,018 5.0 3.3 2.8 2,157 2,148 2,068 1,873 15.2

 Light trucks and utility vehicles............ 2,516 2,425 2,531 3.8 -4.2 2.6 2,450 2,473 2,611 2,175 12.6

 Heavy duty trucks .............................. 798 786 779 1.5 0.9 0.6 779 784 758 700 11.3

 Motor vehicle bodies, parts, 

 and trailers..................................... 16,028 15,905 15,803 0.8 0.6 -0.3 15,933 15,909 15,864 15,305 4.1

 Nondefense aircraft and parts.............. 23,477 23,498 23,793 -0.1 -1.2 0.8 23,186 23,721 23,841 25,211 -8.0

 Defense aircraft and parts..................... 11,659 11,584 11,595 0.6 -0.1 -0.3 11,778 11,460 11,542 10,739 9.7

 Ships and boats.................................. 3,257 3,253 3,102 0.1 4.9 -1.7 3,262 3,261 3,139 2,788 17.0

 Furniture and related products................. 8,126 7,980 7,846 1.8 1.7 2.9 8,308 8,101 7,826 8,001 3.8

 Miscellaneous durable goods.................... 19,482 19,292 19,067 1.0 1.2 -0.8 19,493 19,534 19,134 18,701 4.2

 Nondurable goods industries................... 181,302 180,638 179,493 0.4 0.6 0.3 180,893 181,790 179,946 175,193 3.3

 Food products........................................ 33,915 33,704 33,466 0.6 0.7 0.2 32,767 32,743 32,559 31,930 2.6

 Grain and oilseed milling..................... 3,144 3,262 3,320 -3.6 -1.7 -2.5 2,913 3,027 3,250 3,373 -13.6

 Dairy products.................................... 4,120 4,112 3,896 0.2 5.5 4.5 4,292 4,285 4,020 3,668 17.0

 Meat, poultry, and seafood products...... 6,321 6,246 6,218 1.2 0.5 0.3 6,231 6,266 6,245 5,877 6.0

 Beverage and tobacco products............... 14,603 14,511 14,689 0.6 -1.2 -0.1 14,168 14,254 14,668 14,139 0.2

 Beverages......................................... 9,962 9,870 10,085 0.9 -2.1 -0.6 9,803 9,810 10,141 9,547 2.7

 Tobacco........................................... 4,641 4,641 4,604 0.0 0.8 1.1 4,365 4,444 4,527 4,592 -4.9

 Textile mills........................................... 4,831 4,862 4,877 -0.6 -0.3 -0.6 4,870 5,026 4,979 5,166 -5.7

 Textile products...................................... 5,136 5,102 5,097 0.7 0.1 -0.1 5,220 5,234 5,200 5,087 2.6

 Apparel................................................. 6,881 6,871 6,877 0.1 -0.1 -0.3 7,190 6,941 6,792 7,634 -5.8

 Leather and allied products..................... 1,605 1,636 1,664 -1.9 -1.7 -0.9 1,627 1,655 1,639 1,695 -4.0

 Paper products....................................... 14,331 14,348 14,222 -0.1 0.9 -0.1 14,331 14,450 14,287 14,963 -4.2

 Pulp, paper, and paperboard mills.......... 6,123 6,199 6,208 -1.2 -0.1 -0.4 6,124 6,267 6,212 6,661 -8.1

 Paperboard containers........................ 4,235 4,175 4,081 1.4 2.3 1.2 4,230 4,163 4,074 4,250 -0.5

 Printing.................................................. 6,364 6,422 6,154 -0.9 4.4 0.4 6,400 6,318 6,043 6,163 3.8

 Petroleum and coal products..................... 16,666 16,759 16,407 -0.6 2.1 1.0 17,276 17,754 16,685 15,732 9.8

 Petroleum refineries............................. 15,078 15,182 14,823 -0.7 2.4 1.5 15,594 16,083 15,047 14,098 10.6

 Basic chemicals...................................... 56,000 55,550 55,296 0.8 0.5 0.7 55,918 56,154 55,870 52,156 7.2

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,406 2,353 2,333 2.3 0.9 0.3 2,153 2,317 2,528 2,148 0.2

 Pharmaceuticals and medicines............ 23,954 23,603 23,514 1.5 0.4 2.2 24,134 23,926 23,710 20,416 18.2

 Paints, coatings, and adhesives............. 2,818 2,802 2,782 0.6 0.7 0.3 2,841 2,850 2,844 2,783 2.1

 Plastics and rubber products..................... 20,970 20,873 20,744 0.5 0.6 0.0 21,126 21,261 21,224 20,528 2.9

p

 Preliminary r Revised NA Not available.

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

See note at end of Table 2 relating to survey error and revision.
 7 

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

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

June May Apr. May - Apr. - Mar. - June May Apr. June 2004/

2004p 2004r 2004 June May Apr. 2004p 2004r 2004 2003 2004p 2003 2003

SHIPMENTS

 All manufacturing industries .................. 367,221 364,705 362,569 0.7 0.6 -0.1 393,076 367,073 360,275 348,612 2,168,380 1,959,804 10.6

 Construction materials and supplies...... 38,892 39,373 39,692 -1.2 -0.8 0.2 42,520 40,517 40,005 37,363 228,445 204,674 11.6

 Information technology......................... 30,142 29,912 30,821 0.8 -2.9 2.4 35,091 27,752 27,946 32,339 178,109 157,354 13.2

 Computers and related products .......... 8,304 8,180 9,068 1.5 -9.8 9.7 9,967 6,705 7,921 9,281 48,498 41,621 16.5

 Motor vehicle and parts........................ 38,358 37,597 38,605 2.0 -2.6 -4.5 41,501 38,918 40,174 38,294 242,132 226,656 6.8

 Capital goods...................................... 70,118 69,672 70,679 0.6 -1.4 0.6 78,975 68,248 67,912 72,431 419,049 373,646 12.2

 Nondefense capital goods 3.................. 62,132 61,268 62,529 1.4 -2.0 0.8 70,550 59,846 60,104 64,336 369,466 329,880 12.0

 Excluding aircraft............................. 59,719 58,529 60,199 2.0 -2.8 1.4 67,610 56,997 58,180 60,649 354,514 314,612 12.7

 Defense capital goods 4....................... 7,986 8,404 8,150 -5.0 3.1 -0.7 8,425 8,402 7,808 8,095 49,583 43,766 13.3

 Consumer goods.................................. 140,870 139,601 137,354 0.9 1.6 -0.3 146,440 141,217 136,418 128,655 824,097 747,392 10.3

 Consumer durable goods..................... 35,126 34,374 35,013 2.2 -1.8 -3.1 37,585 34,827 35,450 34,383 215,911 199,870 8.0

 Consumer nondurable goods............... 105,744 105,227 102,341 0.5 2.8 0.7 108,855 106,390 100,968 94,272 608,186 547,522 11.1

 All manufacturing industries 5................. 363,242 360,561 359,124 0.7 0.4 -1.1 383,472 361,888 357,653 339,178 2,154,419 1,934,149 11.4

 Construction materials and supplies...... 39,015 39,392 41,255 -1.0 -4.5 0.8 41,893 41,288 41,897 36,817 234,531 204,341 14.8

 Information technology......................... 30,753 30,993 31,334 -0.8 -1.1 -1.9 34,308 28,454 29,041 31,980 184,278 164,812 11.8

 Computers and related products .......... 8,801 8,689 8,615 1.3 0.9 7.4 10,420 7,728 7,274 9,411 48,554 42,456 14.4

 Motor vehicle and parts........................ 38,659 38,006 39,012 1.7 -2.6 -3.8 41,485 38,998 40,297 38,016 243,294 226,204 7.6

 Capital goods...................................... 72,995 70,167 72,097 4.0 -2.7 -2.7 78,603 67,265 69,821 70,536 432,476 385,350 12.2

 Nondefense capital goods 3.................. 63,647 62,996 63,908 1.0 -1.4 -1.3 69,789 61,719 61,751 62,497 377,945 333,114 13.5

 Excluding aircraft............................. 60,612 59,923 61,128 1.1 -2.0 -2.1 66,254 58,664 60,220 59,398 364,014 322,788 12.8

 Defense capital goods 4....................... 9,348 7,171 8,189 30.4 -12.4 -12.8 8,814 5,546 8,070 8,039 54,531 52,236 4.4

 Consumer goods.................................. 140,837 140,101 136,993 0.5 2.3 -0.6 146,159 141,702 136,078 128,318 824,170 747,423 10.3

 Consumer durable goods..................... 35,093 34,874 34,652 0.6 0.6 -4.3 37,304 35,312 35,110 34,046 215,984 199,901 8.0

 Consumer nondurable goods.............. 105,744 105,227 102,341 0.5 2.8 0.7 108,855 106,390 100,968 94,272 608,186 547,522 11.1

 All manufacturing industries 5

................. 527,535 524,365 521,211 0.6 0.6 0.7 529,750 531,671 529,935 489,445 (X) (X) 8.2

 Construction materials and supplies...... 37,619 37,496 37,477 0.3 0.1 4.4 37,955 38,582 37,811 30,800 (X) (X) 23.2

 Information technology......................... 124,632 124,021 122,940 0.5 0.9 0.4 125,341 126,124 125,422 114,712 (X) (X) 9.3

 Computers and related products .......... 8,625 8,128 7,619 6.1 6.7 -5.6 8,861 8,408 7,385 8,959 (X) (X) -1.1

 Motor vehicle and parts........................ 15,055 14,754 14,345 2.0 2.9 2.9 14,782 14,798 14,718 11,681 (X) (X) 26.5

 Capital goods...................................... 369,343 366,466 365,971 0.8 0.1 0.4 371,224 371,596 372,579 350,415 (X) (X) 5.9

 Nondefense capital goods 3

..................227,768 226,253 224,525 0.7 0.8 0.6 228,026 228,787 226,914 216,636 (X) (X) 5.3

 Excluding aircraft............................. 148,197 147,304 145,910 0.6 1.0 0.6 148,784 150,140 148,473 136,447 (X) (X) 9.0

 Defense capital goods 4

....................... 141,575 140,213 141,446 1.0 -0.9 0.0 143,198 142,809 145,665 133,779 (X) (X) 7.0

 Consumer goods.................................. 12,845 12,878 12,378 -0.3 4.0 -2.8 12,684 12,965 12,480 11,898 (X) (X) 6.6

 Consumer durable goods..................... 12,845 12,878 12,378 -0.3 4.0 -2.8 12,684 12,965 12,480 11,898 (X) (X) 6.6 

 All manufacturing industries .................. 452,907 449,946 446,699 0.7 0.7 0.5 451,679 453,817 449,025 439,285 (X) (X) 2.8

 Construction materials and supplies...... 48,609 48,267 47,618 0.7 1.4 1.0 48,565 48,849 48,331 46,989 (X) (X) 3.4

 Information technology......................... 39,248 38,829 38,644 1.1 0.5 0.2 38,893 39,512 38,851 39,873 (X) (X) -2.5

 Computers and related products .......... 6,099 5,883 5,777 3.7 1.8 -1.8 6,034 6,151 5,761 6,104 (X) (X) -1.1

 Motor vehicle and parts........................ 21,531 21,200 21,131 1.6 0.3 0.3 21,319 21,314 21,301 20,053 (X) (X) 6.3

 Capital goods...................................... 127,057 126,109 125,060 0.8 0.8 0.0 126,409 127,395 125,707 125,412 (X) (X) 0.8

 Nondefense capital goods 3

..................107,323 106,409 105,556 0.9 0.8 0.2 106,556 107,638 106,125 106,594 (X) (X) 0.0

 Excluding aircraft............................. 90,490 89,477 88,414 1.1 1.2 0.1 89,996 90,718 88,960 88,533 (X) (X) 1.7

 Defense capital goods 4

....................... 19,734 19,700 19,504 0.2 1.0 -1.1 19,853 19,757 19,582 18,818 (X) (X) 5.5

 Consumer goods.................................. 140,707 139,692 139,031 0.7 0.5 0.7 140,225 140,426 138,867 133,529 (X) (X) 5.0

 Consumer durable goods..................... 28,681 28,172 28,002 1.8 0.6 1.2 28,655 28,580 28,317 27,093 (X) (X) 5.8

 Consumer nondurable goods............... 112,026 111,520 111,029 0.5 0.4 0.6 111,570 111,846 110,550 106,436 (X) (X) 4.8

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories. 2

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

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

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

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

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

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

and supplies.

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 6

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

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

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 8

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

 

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

June May Apr. May - Apr. - Mar. - June May Apr. June June

2004p 2004r 2004 June May Apr. 2004p 2004r 2004 2003 04/03

MATERIALS AND SUPPLIES

 All manufacturing industries ..................... 148,313 147,813 147,054 0.3 0.5 1.0 147,632 147,972 146,958 144,733 2.0

 Durable goods industries ........................ 88,714 88,046 87,216 0.8 1.0 1.6 87,982 87,832 86,846 85,058 3.4

 Wood products................................... 3,838 3,888 3,934 -1.3 -1.2 2.5 3,552 3,591 3,658 3,312 7.2

 Nonmetallic mineral products............... 3,344 3,341 3,348 0.1 -0.2 1.2 3,340 3,330 3,325 3,372 -0.9

 Primary metals.................................... 7,168 6,835 6,585 4.9 3.8 3.0 7,107 6,653 6,428 6,002 18.4

 Fabricated metal products..................... 12,055 11,993 11,728 0.5 2.3 2.0 12,058 12,035 11,728 11,135 8.3

 Machinery.......................................... 12,849 12,767 12,654 0.6 0.9 1.2 12,771 12,752 12,697 12,905 -1.0

 Computers and electronic products ...... 17,010 16,754 17,028 1.5 -1.6 1.3 17,055 17,021 17,036 17,284 -1.3

 Electrical equipment, appliances,

 and components.............................. 4,647 4,612 4,563 0.8 1.1 -0.5 4,614 4,669 4,646 4,735 -2.6

 Transportation equipment.................. 17,768 18,063 17,734 -1.6 1.9 0.9 17,454 17,921 17,667 16,844 3.6

 Furniture and related products............ 3,505 3,397 3,307 3.2 2.7 5.7 3,520 3,413 3,308 3,283 7.2

 Miscellaneous products........................ 6,530 6,396 6,335 2.1 1.0 2.2 6,511 6,447 6,353 6,186 5.3

 Nondurable goods industries.................... 59,599 59,767 59,838 -0.3 -0.1 0.2 59,650 60,140 60,112 59,675 0.0

 Food products.................................... 9,749 9,875 10,027 -1.3 -1.5 -1.9 9,618 9,840 10,007 10,397 -7.5

 Beverage and tobacco products............ 5,185 5,248 5,311 -1.2 -1.2 -0.1 5,069 5,240 5,365 5,379 -5.8

 Textiles.............................................. 1,344 1,365 1,383 -1.5 -1.3 1.2 1,335 1,396 1,418 1,439 -7.2

 Textile products.................................. 1,836 1,815 1,800 1.2 0.8 -0.1 1,853 1,847 1,809 1,750 5.9

 Apparel............................................. 1,598 1,585 1,592 0.8 -0.4 -0.7 1,620 1,611 1,632 1,744 -7.1

 Leather and allied products................... 448 452 449 -0.9 0.7 0.4 459 457 445 450 2.0

 Paper products................................... 6,634 6,547 6,541 1.3 0.1 0.8 6,590 6,478 6,512 6,931 -4.9

 Printing ............................................. 2,863 2,774 2,719 3.2 2.0 0.3 2,893 2,697 2,616 2,774 4.3

 Petroleum and coal products............... 5,176 5,196 5,238 -0.4 -0.8 1.4 5,400 5,575 5,436 4,604 17.3

 Basic chemicals................................... 17,318 17,436 17,231 -0.7 1.2 0.7 17,349 17,499 17,262 17,030 1.9

 Plastics and rubber products............... 7,448 7,474 7,547 -0.3 -1.0 0.9 7,464 7,500 7,610 7,177 4.0

WORK IN PROCESS

 All manufacturing industries ..................... 130,852 129,545 130,148 1.0 -0.5 0.4 129,808 130,294 130,745 126,085 3.0

 Durable goods industries ........................ 98,914 98,078 97,849 0.9 0.2 0.3 98,404 99,144 98,647 95,521 3.0

 Wood products................................... 1,971 2,009 2,002 -1.9 0.3 -1.1 1,971 2,015 2,018 1,973 -0.1

 Nonmetallic mineral products............... 1,194 1,196 1,176 -0.2 1.7 -2.8 1,204 1,230 1,224 1,228 -2.0

 Primary metals.................................... 6,179 6,204 6,340 -0.4 -2.1 1.9 6,210 6,219 6,336 6,066 2.4

 Fabricated metal products..................... 9,786 9,710 9,629 0.8 0.8 0.8 9,778 9,739 9,609 9,373 4.3

 Machinery.......................................... 15,387 15,329 15,040 0.4 1.9 0.7 15,413 15,631 15,068 14,146 9.0

 Computers and electronic products ...... 19,202 19,106 18,766 0.5 1.8 1.9 19,054 19,519 19,162 17,798 7.1

 Electrical equipment, appliances,

 and components.............................. 3,017 2,987 2,935 1.0 1.8 0.6 3,047 3,088 3,030 2,914 4.6

 Transportation equipment.................. 37,646 37,070 37,499 1.6 -1.1 -0.1 37,159 37,179 37,719 37,252 -0.2

 Furniture and related products............ 1,590 1,564 1,551 1.7 0.8 -0.2 1,596 1,571 1,551 1,568 1.8

 Miscellaneous products........................ 2,942 2,903 2,911 1.3 -0.3 -9.7 2,972 2,953 2,930 3,203 -7.2

 Nondurable goods industries.................... 31,938 31,467 32,299 1.5 -2.6 0.7 31,404 31,150 32,098 30,564 2.7

 Food products.................................... 3,166 3,200 3,123 -1.1 2.5 2.8 2,898 2,929 2,970 2,694 7.6

 Beverage and tobacco products............ 4,881 4,737 4,795 3.0 -1.2 1.4 4,447 4,446 4,625 4,059 9.6

 Textiles.............................................. 1,265 1,278 1,300 -1.0 -1.7 0.8 1,265 1,299 1,326 1,298 -2.5

 Textile products.................................. 699 698 686 0.1 1.7 -0.9 705 719 703 717 -1.7

 Apparel............................................. 1,139 1,157 1,181 -1.6 -2.0 -0.7 1,199 1,205 1,211 1,323 -9.4

 Leather and allied products................... 165 170 180 -2.9 -5.6 -0.6 154 172 182 153 0.7

 Paper products................................... 1,207 1,226 1,191 -1.5 2.9 2.8 1,220 1,230 1,176 1,186 2.9

 Printing ............................................. 1,720 1,863 1,689 -7.7 10.3 0.4 1,698 1,780 1,677 1,700 -0.1

 Petroleum and coal products............... 3,651 3,604 4,556 1.3 -20.9 0.8 3,742 3,745 4,589 4,193 -10.8

 Basic chemicals................................... 11,461 11,039 11,139 3.8 -0.9 0.1 11,509 11,149 11,149 10,693 7.6

 Plastics and rubber products............... 2,584 2,495 2,459 3.6 1.5 -1.1 2,567 2,476 2,490 2,548 0.7

FINISHED GOODS

 All manufacturing industries ..................... 173,742 172,588 169,497 0.7 1.8 0.1 174,239 175,551 171,322 168,467 3.4

 Durable goods industries ........................ 83,977 83,184 82,141 1.0 1.3 -0.1 84,400 85,051 83,586 83,513 1.1

 Wood products................................... 4,395 4,356 4,225 0.9 3.1 1.1 4,503 4,678 4,630 3,997 12.7

 Nonmetallic mineral products............... 4,674 4,699 4,654 -0.5 1.0 -0.8 4,773 4,871 4,813 5,357 -10.9

 Primary metals.................................... 5,457 5,490 5,417 -0.6 1.3 -0.4 5,436 5,580 5,512 5,988 -9.2

 Fabricated metal products..................... 11,009 10,778 10,572 2.1 1.9 1.8 11,052 10,965 10,854 10,895 1.4

 Machinery.......................................... 15,441 15,153 14,938 1.9 1.4 -0.8 15,202 15,184 15,184 14,539 4.6

 Computers and electronic products ...... 11,982 11,674 11,617 2.6 0.5 -3.0 11,763 11,871 11,571 12,175 -3.4

 Electrical equipment, appliances,

 and components.............................. 4,963 4,905 4,812 1.2 1.9 -0.4 5,028 5,155 5,028 4,858 3.5

 Transportation equipment.................. 13,015 13,117 13,097 -0.8 0.2 1.6 13,441 13,496 13,176 13,242 1.5

 Furniture and related products............ 3,031 3,019 2,988 0.4 1.0 1.6 3,192 3,117 2,967 3,150 1.3

 Miscellaneous products........................ 10,010 9,993 9,821 0.2 1.8 0.2 10,010 10,134 9,851 9,312 7.5

 Nondurable goods industries.................... 89,765 89,404 87,356 0.4 2.3 0.2 89,839 90,500 87,736 84,954 5.8

 Food products.................................... 21,000 20,629 20,316 1.8 1.5 0.9 20,251 19,974 19,582 18,839 7.5

 Beverage and tobacco products............ 4,537 4,526 4,583 0.2 -1.2 -1.5 4,652 4,568 4,678 4,701 -1.0

 Textiles.............................................. 2,222 2,219 2,194 0.1 1.1 -2.6 2,270 2,331 2,235 2,429 -6.5

 Textile products.................................. 2,601 2,589 2,611 0.5 -0.8 0.2 2,662 2,668 2,688 2,620 1.6

 Apparel............................................. 4,144 4,129 4,104 0.4 0.6 0.0 4,371 4,125 3,949 4,567 -4.3

 Leather and allied products................... 992 1,014 1,035 -2.2 -2.0 -1.5 1,014 1,026 1,012 1,092 -7.1

 Paper products................................... 6,490 6,575 6,490 -1.3 1.3 -1.5 6,521 6,742 6,599 6,846 -4.7

 Printing ............................................. 1,781 1,785 1,746 -0.2 2.2 0.6 1,809 1,841 1,750 1,689 7.1

 Petroleum and coal products............... 7,839 7,959 6,613 -1.5 20.4 0.8 8,134 8,434 6,660 6,935 17.3

 Basic chemicals................................... 27,221 27,075 26,926 0.5 0.6 0.9 27,060 27,506 27,459 24,433 10.8

 Plastics and rubber products............... 10,938 10,904 10,738 0.3 1.5 -0.3 11,095 11,285 11,124 10,803 2.7

p

 Preliminary r Revised

See note at end of Table 2 relating to survey error and revisions.
Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio1

Industry Jun May Apr Mar Jun May Apr Mar

2004p 2004r 2004 2004 2004p 2004r 2004 2004

 All manufacturing industries2

...... 1.23 1.23 1.23 1.22 (X) (X) (X) (X)

Durable goods industries2

................... 1.39 1.39 1.37 1.35 3.96 3.97 3.94 3.90

 Wood products................................ 1.12 1.06 1.07 1.10 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.24 1.24 1.20 1.18 (X) (X) (X) (X)

 Primary metals................................. 1.38 1.40 1.38 1.36 1.38 1.42 1.38 1.36

 Fabricated metal products............... 1.44 1.44 1.41 1.38 2.05 2.04 2.04 1.96

 Machinery....................................... 1.82 1.86 1.78 1.78 2.23 2.30 2.19 2.17

 Computers and electronic products 2

.. 1.26 1.25 1.22 1.25 5.06 5.05 4.84 4.96

 Electrical equipment, appliances,

 and components............................. 1.45 1.43 1.40 1.43 1.81 1.82 1.79 1.76

 Transportation equipment................. 1.26 1.27 1.28 1.21 7.40 7.31 7.55 7.21

 Furniture and related products........... 1.33 1.27 1.27 1.28 1.17 1.11 1.11 1.15

 Miscellaneous products.................... 1.69 1.71 1.69 1.65 (X) (X) (X) (X)

Nondurable goods industries.............. 1.06 1.06 1.07 1.08 (X) (X) (X) (X)

 Food products................................... 0.82 0.82 0.83 0.86 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.55 1.63 1.65 1.58 (X) (X) (X) (X)

 Textiles.......................................... 1.44 1.40 1.42 1.45 (X) (X) (X) (X)

 Textile products............................... 1.65 1.64 1.64 1.61 (X) (X) (X) (X)

 Apparel.......................................... 1.43 1.42 1.45 1.46 (X) (X) (X) (X)

 Leather and allied products............... 1.76 1.87 1.90 1.91 (X) (X) (X) (X)

 Paper products................................ 0.97 1.02 1.01 1.03 (X) (X) (X) (X)

 Printing.......................................... 0.78 0.80 0.79 0.78 (X) (X) (X) (X)

 Petroleum and coal products............ 0.63 0.61 0.63 0.63 (X) (X) (X) (X)

 Basic chemicals............................... 1.34 1.33 1.34 1.34 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.25 1.26 1.24 1.25 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable

1

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

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

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

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

trucks; and miscellaneous furniture.

2 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

Jun2 Jun2 Jun2 Jun2

Industry 2003- 2003- 2003- 2003-

Jun1 May Jun1 May Jun1 May Jun1 May

2004 2004 2004 2004 2004 2004 2004 2004

 All manufacturing industries.......... (X) 0.3 (X) 0.5 (X) 0.2 (X) 0.1

Durable goods industries...................... 0.1 0.3 0.2 0.7 0.0 0.2 0.2 0.2

 Wood products................................... (X) 1.0 (X) (NA) (X) (NA) (X) 0.5

 Nonmetallic mineral products.............. (X) 0.9 (X) (NA) (X) (NA) (X) 0.6

 Primary metals.................................... 0.2 0.9 0.3 1.6 0.1 0.9 0.1 0.4

 Fabricated metal products................... 0.1 0.5 0.1 1.5 -0.1 0.7 0.2 0.4

 Machinery.......................................... 0.3 0.8 0.5 1.4 0.2 0.4 0.2 0.2

 Computers and electronic products..... 0.0 0.9 -0.3 1.7 -0.1 0.4 0.0 0.3

 Electrical equipment, appliances,

 and components............................. 0.1 0.5 -0.3 0.9 -0.3 0.5 0.1 0.3

 Transportation equipment................... 0.2 0.4 0.2 0.6 0.0 0.1 0.1 0.2

 Furniture and related products............. (X) 0.7 (X) 1.2 (X) 1.1 (X) 0.3

 Miscellaneous products...................... (X) 0.5 (X) 0.9 (X) 1.1 (X) 0.3

Nondurable goods industries.................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.1

 Food products................................... (X) 0.8 (X) (NA) (X) (NA) (X) 0.3

 Beverage and tobacco products............ (X) 0.8 (X) (NA) (X) (NA) (X) 0.4

 Textiles............................................. (X) 0.8 (X) (NA) (X) (NA) (X) 0.4

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

 Apparel.............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

 Leather and allied products.................. (X) 2.4 (X) (NA) (X) (NA) (X) 1.5

 Paper products................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.2

 Printing.............................................. (X) 0.9 (X) (NA) (X) (NA) (X) 0.5

 Petroleum and coal products............... (X) 1.6 (X) (NA) (X) (NA) (X) 0.9

 Basic chemicals.................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

 Plastics and rubber products................ (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

X Not Applicable NA Not Available

1

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

2

 The twelve month revisions are the differences between the month-to-month percent changes of the preliminary and

final estimates. The monthly averages are the simple averages of the absolute values of the differences for the months specified. The

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

Table 8. Revisions to Previously Published Monthly Percent Changes

[Based on Seasonally Adjusted data]

Shipments New Orders Unfilled Orders Inventories
10

Survey Description 

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

Census Bureau’s Manufacturers’ Shipments,

Inventories, and Orders (M3) survey. This survey

provides statistics on manufacturers' value of

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

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

inventories by stage of fabrication (materials and

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

M3 includes approximately 3,500 reporting units. 

Units may be divisions of diversified large

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

the small monthly sample, these 89 categories have

been combined into 59 publication levels. The

survey methodology assumes that the month-to-month

changes of the total operations of those companies in

the monthly survey effectively represent the monthto-month movements of all establishments that make

up the category. The current coverage levels in the

survey show that reported data in the monthly survey

represent approximately 60 percent of the shipments

estimates at the total manufacturing level. Data

published represent manufacturing in a calendar

month. The data collection is based on a voluntary

survey authorized by Title 13 of the United States

Code.

The data presented in this release are based on data

obtained from a panel of 3,500 reporting units and

provide an indication of the activity within the

manufacturing sector. The results differ from what

would be obtained from a complete enumeration of

all manufacturing companies. In addition, a different

panel of 3,500 companies would yield different

results. The M3 panel is comprised of companies

with $500 million or more in shipments and a limited

number of smaller companies. From a statistical

perspective, the panel is not a probability sample;

therefore, the sampling errors that are normally

provided with sample surveys cannot be measured. 

Nonsampling errors are attributable to many sources. 

The use of company or divisional reports to estimate

the monthly change for establishments is one source

of nonsampling error. The use of primarily large

companies to represent the month-to-month

movement of all companies is another potential

source.

Additional survey documentation can be found on our

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