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FOR RELEASE AT 10:00 AM EDT, FRIDAY, OCTOBER 2, 2020

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

AUGUST 2020

Release Number: CB 20-142 M3-2 (20)-08

Statement Regarding COVID-19 Impact: The Census Bureau continues to monitor response and data quality 

and has determined that estimates in this release meet publication standards. For more information, see < M3 

COVID-19 FAQs>.

October 2, 2020 — The U.S. Census Bureau announces the August full report on manufacturers’ 

shipments, inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

AUGUST 2020 $470.1 billion +0.7%°

JULY 2020

(revised) $466.9 billion +6.5%°

Next release: November 3, 2020

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, October 2, 

2020.

Summary

New orders for manufactured goods in August, up four consecutive months, increased $3.2 billion or 0.7

percent to $470.1 billion, the U.S. Census Bureau reported today. This followed a 6.5 percent July

increase. Shipments, also up four consecutive months, increased $1.4 billion or 0.3 percent to $481.3

billion. This followed a 4.7 percent July increase. Unfilled orders, down five of the last six months,

decreased $6.2 billion or 0.6 percent to $1,078.6 billion. This followed a 0.7 percent July decrease. The 

unfilled orders-to-shipments ratio was 6.60, down from 6.69 in July. Inventories, up three of the last four 

months, increased $0.2 billion or virtually unchanged to $686.6 billion. This followed a 0.6 percent July

decrease. The inventories-to-shipments ratio was 1.43, unchanged from July.

New Orders

New orders for manufactured durable goods in August, up four consecutive months, increased $1.3 billion 

or 0.5 percent to $233.2 billion, up from the previously published 0.4 percent increase. This followed an

Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20

% Change -0.5% 0.1% -1.1% 1.7% -0.4% 0.2% -11.0% -13.5% 7.7% 6.4% 6.5% 0.7%

-14.0%

-13.0%

-12.0%

-11.0%

-10.0%

-9.0%

-8.0%

-7.0%

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

MANUFACTURERS' NEW ORDERS 2019-2020

Seasonally Adjusted, Month-To-Month Percentage Change

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

October 2, 2020.
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11.8 percent July increase. Machinery, also up four consecutive months, led the increase, $0.5 billion or 

1.5 percent to $31.2 billion. New orders for manufactured nondurable goods increased $1.9 billion or 0.8

percent to $236.9 billion.

Shipments

Shipments of manufactured durable goods in August, down following three consecutive monthly 

increases, decreased $0.5 billion or 0.2 percent to $244.3 billion, up from the previously published 0.3

percent decrease. This followed a 7.6 percent July increase. Transportation equipment, also down

following three consecutive monthly increases, drove the decrease, $1.4 billion or 1.7 percent to $81.6

billion. Shipments of manufactured nondurable goods, up four consecutive months, increased $1.9 billion 

or 0.8 percent to $236.9 billion. This followed a 1.8 percent July increase. Petroleum and coal products,

also up four consecutive months, led the increase, $1.6 billion or 4.2 percent to $39.6 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in August, down five of the last six months, decreased

$6.2 billion or 0.6 percent to $1,078.6 billion, unchanged from the previously published decrease. This 

followed a 0.7 percent July decrease. Transportation equipment, down six consecutive months, drove the 

decrease, $6.8 billion or 0.9 percent to $728.1 billion.

Inventories

Inventories of manufactured durable goods in August, down three consecutive months, decreased $0.6

billion or 0.1 percent to $420.4 billion, unchanged from the previously published decrease. This followed a 

0.8 percent July decrease. Machinery, down seven of the last eight months, led the decrease, $0.4 billion 

or 0.6 percent to $69.1 billion. Inventories of manufactured nondurable goods, up three of the last four

months, increased $0.8 billion or 0.3 percent to $266.2 billion. This followed a 0.2 percent July decrease. 

Chemical products, up two of the last three months, led the increase, $0.5 billion or 0.5 percent to $96.9

billion. By stage of fabrication, August materials and supplies decreased 0.4 percent in durable goods and

were virtually unchanged in nondurable goods. Work in process increased 0.4 percent in durable goods

and 0.3 percent in nondurable goods. Finished goods decreased 0.6 percent in durable goods and

increased 0.5 percent in nondurable goods.

The Advance Report on durable goods for September is scheduled for release on October 27, 2020 at 8:30

a.m. EDT and the Full Report on November 3, 2020 at 10:00 a.m. EST. View the full schedule in the

Economic Briefing Room: <www.census.gov/economic-indicators/>. The full text and tables of this release

can be found at <www.census.gov/m3>.
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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-ofmonth 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-tomonth 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 60

percent of the total value of shipments for manufacturing establishments in the 2017 Economic 

Census, and these companies include roughly 61 percent of the manufacturing companies with $500 

million or more in shipments in the 2017 Economic Census. The companies for which shipments data 

are currently reported in the M3 survey represent approximately 51 percent of the total value of 

shipments for manufacturing establishments in the 2017 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 
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represent the month-to-month movement of all companies is another potential source. Any 

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

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

reflected in the annual benchmark publication. Additional survey documentation can be found on our 

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

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/>.

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.

###
Table 1. Value of Manufacturers' Shipments 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

Aug. July June July - June - May - Aug. July June Aug. 2020/

2020p 2020r 2020 Aug. July June 2020p 2020r 2020 2019 2020p 2019 2019

 All manufacturing industries.................. 481,280 479,889 458,275 0.3 4.7 10.0 490,971 467,059 483,749 518,607 3,697,695 4,012,908 -7.9

 Excluding transportation................... 399,632 396,792 387,692 0.7 2.3 4.8 407,752 394,712 407,987 429,227 3,139,803 3,320,318 -5.4

 Excluding defense.............................. 467,401 465,923 444,481 0.3 4.8 10.4 477,366 454,604 469,305 504,545 3,589,160 3,903,784 -8.1

 With unfilled orders............................ 163,505 162,074 155,831 0.9 4.0 6.4 165,963 153,952 168,711 176,753 1,278,968 1,384,999 -7.7

 Durable goods industries......................... 244,332 244,876 227,502 -0.2 7.6 15.2 249,365 231,059 245,307 257,713 1,821,638 1,992,606 -8.6

 Wood products....................................... 9,735 9,464 8,939 2.9 5.9 3.1 10,263 9,873 9,805 9,683 73,627 72,452 1.6

 Nonmetallic mineral products.................... 11,800 11,819 11,668 -0.2 1.3 3.9 12,786 12,702 12,789 12,806 92,463 91,413 1.1

 Primary metals....................................... 18,345 18,119 17,879 1.2 1.3 6.4 18,627 17,685 18,728 20,155 148,659 164,147 -9.4

 Iron and steel mills............................ 9,164 9,187 9,072 -0.3 1.3 6.8 9,329 9,016 9,401 10,452 75,898 86,704 -12.5

 Aluminum and nonferrous metals.......... 7,938 7,692 7,642 3.2 0.7 6.7 8,056 7,478 8,009 8,218 62,580 65,051 -3.8

 Ferrous metal foundries....................... 1,243 1,240 1,165 0.2 6.4 2.0 1,242 1,191 1,318 1,485 10,181 12,392 -17.8

 Fabricated metal products....................... 30,061 30,187 29,178 -0.4 3.5 5.5 31,394 29,774 31,318 33,506 240,477 254,714 -5.6

 Machinery............................................. 31,068 30,548 29,839 1.7 2.4 3.6 30,705 29,521 32,779 32,678 243,177 258,797 -6.0

 Farm machinery................................. 2,119 1,989 1,770 6.5 12.4 12.8 1,940 1,859 1,867 1,833 15,120 16,743 -9.7

 Construction machinery..................... 2,609 2,584 2,504 1.0 3.2 11.2 2,552 2,550 2,669 3,180 20,804 24,951 -16.6

 Mining, oil field, and 

 gas field machinery.......................... 1,064 1,087 1,140 -2.1 -4.6 -0.4 1,038 1,018 1,175 1,458 9,673 11,676 -17.2

 Industrial machinery.......................... 3,207 3,098 3,107 3.5 -0.3 -2.2 3,210 2,887 3,560 3,108 24,760 22,894 8.2

 Photographic equipment...................... 586 587 533 -0.2 10.1 -3.1 551 593 648 515 4,325 4,205 2.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,022 4,041 3,679 -0.5 9.8 6.7 4,192 4,450 4,722 4,238 30,536 31,839 -4.1

 Metalworking machinery..................... 2,465 2,415 2,418 2.1 -0.1 2.5 2,419 2,244 2,625 2,669 19,043 21,155 -10.0

 Turbines, generators, and other

 power transmission equipment....... 3,820 3,687 3,796 3.6 -2.9 5.7 3,868 3,559 3,929 4,225 30,354 32,854 -7.6

 Material handling equipment............... 2,652 2,591 2,582 2.4 0.3 1.1 2,683 2,477 2,660 2,983 21,215 22,996 -7.7

 Computers and electronic products2.......... 29,762 29,778 28,617 -0.1 4.1 -0.3 30,205 27,994 31,285 28,555 224,655 220,048 2.1

 Computers........................................ 554 556 572 -0.4 -2.8 0.2 623 520 686 645 4,413 4,918 -10.3

 Computer storage devices..................... 469 464 451 1.1 2.9 -4.9 412 363 586 366 3,502 2,468 41.9

 Other peripheral equipment................ 886 840 679 5.5 23.7 -14.5 852 791 895 649 5,855 5,337 9.7

 Nondefense communications

 equipment.................................... 3,860 3,797 3,476 1.7 9.2 -0.4 3,514 3,337 4,390 3,031 27,162 25,095 8.2

 Defense communications equipment.... 293 275 286 6.5 -3.8 1.1 284 257 290 255 2,091 2,055 1.8

 Audio and video equipment.................... 350 363 328 -3.6 10.7 13.9 341 313 300 317 2,181 2,453 -11.1

 Electronic components......................... 4,342 4,369 4,181 -0.6 4.5 0.0 4,657 4,365 4,622 4,293 33,897 31,108 9.0

 Nondefense search and navigation

 equipment...................................... 1,513 1,523 1,505 -0.7 1.2 1.0 1,513 1,347 1,627 1,599 11,914 12,706 -6.2

 Defense search and navigation

 equipment..................................... 2,962 3,061 3,011 -3.2 1.7 0.2 2,962 2,800 3,119 2,896 23,316 22,671 2.8

 Electromedical, measuring,

 and control instruments................. 9,083 8,905 8,799 2.0 1.2 0.2 9,078 8,389 9,633 8,888 68,883 70,873 -2.8

 Electrical equipment, appliances, 

 and components................................... 10,575 10,602 10,306 -0.3 2.9 2.2 10,931 10,367 11,246 11,466 84,189 86,684 -2.9

 Electric lighting equipment..................... 969 978 953 -0.9 2.6 4.6 1,014 968 961 1,052 7,706 7,987 -3.5

 Household appliances........................ 2,048 2,084 1,886 -1.7 10.5 3.5 2,093 1,927 2,027 2,033 14,688 14,745 -0.4

 Electrical equipment............................ 2,868 2,874 2,937 -0.2 -2.1 -0.2 2,961 2,775 3,445 3,523 25,094 27,177 -7.7

 Batteries........................................... 766 741 752 3.4 -1.5 2.0 804 693 790 811 5,587 5,688 -1.8

 Transportation equipment........................ 81,648 83,097 70,583 -1.7 17.7 51.4 83,219 72,347 75,762 89,380 557,892 692,590 -19.4

 Automobiles..................................... 7,569 9,220 6,119 -17.9 50.7 261.6 7,856 7,400 6,574 9,357 47,204 72,354 -34.8

 Light trucks and utility vehicles.............. 22,812 23,463 17,658 -2.8 32.9 338.1 23,886 19,631 18,465 22,901 119,124 163,482 -27.1

 Heavy duty trucks ............................. 2,345 2,314 2,144 1.3 7.9 35.2 2,350 2,342 2,435 2,624 16,770 21,622 -22.4

 Motor vehicle bodies, parts, 

 and trailers.................................... 28,593 29,155 25,955 -1.9 12.3 23.2 29,439 26,577 27,869 30,137 209,941 228,483 -8.1

 Nondefense aircraft and parts................ 5,331 3,947 4,182 35.1 -5.6 18.7 4,958 3,430 5,091 8,959 47,719 90,162 -47.1

 Defense aircraft and parts.................. 4,124 4,275 3,959 -3.5 8.0 -0.2 4,072 3,820 4,447 4,488 31,927 36,601 -12.8

 Ships and boats................................. 2,736 2,613 2,395 4.7 9.1 -8.9 2,673 2,359 2,604 3,048 21,031 24,436 -13.9

 Furniture and related products.................. 6,565 6,664 6,583 -1.5 1.2 9.0 6,938 6,818 6,694 7,037 51,843 52,924 -2.0

 Miscellaneous durable goods................. 14,773 14,598 13,910 1.2 4.9 8.1 14,297 13,978 14,901 12,447 104,656 98,837 5.9

 Nondurable goods industries..................... 236,948 235,013 230,773 0.8 1.8 5.3 241,606 236,000 238,442 260,894 1,876,057 2,020,302 -7.1

 Food products....................................... 67,342 67,773 67,250 -0.6 0.8 0.6 68,371 65,808 67,389 68,797 535,153 528,883 1.2

 Grain and oilseed milling....................... 7,177 7,131 7,148 0.6 -0.2 -2.5 7,386 6,965 7,188 7,156 55,821 54,818 1.8

 Dairy products.................................. 10,514 10,696 10,680 -1.7 0.1 3.0 10,581 10,747 10,550 10,642 83,522 81,496 2.5

 Meat, poultry, and seafood products... 17,953 18,171 17,938 -1.2 1.3 1.2 18,303 18,046 18,788 19,998 148,638 156,673 -5.1

 Beverage and tobacco products................ 13,475 13,317 13,203 1.2 0.9 3.1 13,967 13,531 14,041 14,737 104,923 107,224 -2.1

 Beverages......................................... 9,280 9,447 9,300 -1.8 1.6 3.9 9,772 9,661 10,138 9,960 74,274 73,854 0.6

 Tobacco............................................ 4,195 3,870 3,903 8.4 -0.8 1.3 4,195 3,870 3,903 4,777 30,649 33,370 -8.2

 Textile mills........................................... 2,165 2,108 2,055 2.7 2.6 7.6 2,286 2,095 2,202 2,470 17,155 18,989 -9.7

 Textile products................................... 1,823 1,763 1,804 3.4 -2.3 6.3 1,907 1,793 1,923 2,118 14,606 16,442 -11.2

 Apparel................................................ 843 870 860 -3.1 1.2 0.9 918 895 828 1,001 6,696 7,027 -4.7

 Leather and allied products...................... 435 417 386 4.3 8.0 12.9 430 421 409 399 3,036 3,267 -7.1

 Paper products...................................... 16,419 16,261 16,028 1.0 1.5 -0.4 16,898 16,465 16,530 16,974 130,096 129,602 0.4

 Pulp, paper, and paperboard mills....... 6,530 6,457 6,465 1.1 -0.1 -1.2 6,814 6,617 6,534 6,922 52,248 52,307 -0.1

 Paperboard containers........................ 6,084 5,979 5,789 1.8 3.3 0.5 6,259 6,088 6,058 6,152 46,944 46,579 0.8

 Printing................................................. 6,855 7,030 6,758 -2.5 4.0 6.6 6,899 6,774 6,670 7,425 54,468 55,895 -2.6

 Petroleum and coal products.................. 39,623 38,014 36,002 4.2 5.6 27.5 41,515 40,838 37,380 56,698 310,292 445,831 -30.4

 Petroleum refineries.......................... 35,507 33,971 31,913 4.5 6.4 30.7 36,665 36,200 32,729 51,646 277,018 411,682 -32.7

 Chemical products..................................... 68,198 67,859 67,016 0.5 1.3 2.7 68,205 67,413 70,123 68,820 541,211 540,908 0.1

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,738 2,753 2,744 -0.5 0.3 2.5 2,292 2,335 3,073 2,416 23,238 24,644 -5.7

 Pharmaceuticals and medicines............. 25,424 25,262 25,186 0.6 0.3 2.9 25,300 24,934 26,265 22,698 194,155 175,298 10.8

 Paints, coatings, and adhesives.......... 4,593 4,426 4,271 3.8 3.6 4.0 4,798 4,703 4,702 4,794 36,076 35,261 2.3

 Plastics and rubber products.................. 19,770 19,601 19,411 0.9 1.0 4.0 20,210 19,967 20,947 21,455 158,421 166,234 -4.7

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, August Full Report, October 2, 2020. 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

Aug. July June July - June - May - Aug. July June Aug. 2020/

2020p 2020r 2020 Aug. July June 2020p 2020r 2020 2019 2020p 2019 2019

All manufacturing industries2........................ 470,135 466,927 438,247 0.7 6.5 6.4 474,232 452,865 463,716 508,829 3,592,427 3,955,838 -9.2

 Excluding transportation2...................... 395,335 392,448 383,203 0.7 2.4 4.8 400,629 389,763 402,201 421,212 3,106,806 3,288,260 -5.5

 Excluding defense2

.............................. 455,056 451,279 426,502 0.8 5.8 7.3 461,958 441,840 448,788 494,933 3,481,702 3,850,211 -9.6

 With unfilled orders2............................. 157,327 154,253 140,648 2.0 9.7 -4.0 154,691 144,815 153,363 172,235 1,211,517 1,365,765 -11.3

 Durable goods industries2......................... 233,187 231,914 207,474 0.5 11.8 7.7 232,626 216,865 225,274 247,935 1,716,370 1,935,536 -11.3

 Primary metals........................................ 18,482 18,189 17,897 1.6 1.6 4.6 18,514 17,519 18,636 19,892 147,700 164,246 -10.1

 Iron and steel mills.............................. 9,258 9,195 8,979 0.7 2.4 0.8 9,297 8,984 9,332 10,255 75,156 86,985 -13.6

 Aluminum and nonferrous metals.......... 7,986 7,632 7,611 4.6 0.3 8.6 7,958 7,160 7,912 8,099 62,142 65,017 -4.4

 Ferrous metal foundries....................... 1,238 1,362 1,307 -9.1 4.2 10.1 1,259 1,375 1,392 1,538 10,402 12,244 -15.0

 Fabricated metal products........................ 30,114 30,491 29,364 -1.2 3.8 5.7 31,190 30,321 31,366 33,406 241,986 258,131 -6.3

 Machinery............................................. 31,227 30,761 29,916 1.5 2.8 3.8 30,381 29,842 32,088 31,320 245,611 258,138 -4.9

 Construction machinery........................ 2,679 2,644 2,596 1.3 1.8 11.8 2,517 2,600 2,480 2,649 20,434 22,385 -8.7

 Mining, oil field, and

 gas field machinery.......................... 1,090 1,049 1,030 3.9 1.8 0.5 1,064 980 1,065 1,446 9,316 11,179 -16.7

 Industrial machinery............................ 3,196 3,068 3,018 4.2 1.7 -5.4 3,185 2,799 3,300 3,015 24,745 22,932 7.9

 Photographic equipment....................... 559 540 505 3.5 6.9 -10.3 509 565 572 488 4,139 3,839 7.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,157 4,192 3,836 -0.8 9.3 11.4 4,176 4,514 4,810 4,063 31,296 32,419 -3.5

 Metalworking machinery....................... 2,478 2,487 2,595 -0.4 -4.2 9.5 2,410 2,388 2,687 2,379 19,827 20,789 -4.6

 Turbines, generators, and other 

 power transmission equipment........... 3,677 3,740 3,647 -1.7 2.6 1.5 3,725 3,612 3,780 4,204 30,105 32,781 -8.2

 Material handling equipment.................. 2,704 2,565 2,571 5.4 -0.2 3.9 2,595 2,410 2,917 2,803 21,277 23,054 -7.7

 Computers and electronic products2........... 24,884 24,577 23,879 1.2 2.9 -0.1 23,936 22,465 26,538 22,574 186,957 183,503 1.9

 Computers........................................ 536 545 531 -1.7 2.6 -1.5 605 509 645 614 4,240 4,835 -12.3

 Nondefense communications

 equipment...................................... 3,981 3,829 3,472 4.0 10.3 -1.1 3,494 3,391 4,240 2,948 27,370 25,465 7.5

 Defense communications equipment....... 263 257 233 2.3 10.3 -1.7 258 247 223 229 1,805 1,766 2.2

 Electronic components......................... 4,209 4,198 4,109 0.3 2.2 -0.5 4,426 4,255 4,294 4,269 33,416 31,096 7.5

 Nondefense search and navigation

 equipment...................................... 1,662 1,662 1,656 0.0 0.4 2.0 1,608 1,457 1,837 1,537 12,772 13,178 -3.1

 Defense search and navigation

 equipment...................................... 2,935 3,005 3,126 -2.3 -3.9 2.1 2,630 2,439 3,488 2,706 23,130 23,809 -2.9

 Electromedical, measuring,

 and control instruments..................... 9,110 8,930 8,810 2.0 1.4 0.4 8,808 8,245 9,578 8,583 69,062 70,568 -2.1

 Electrical equipment, appliances, 

 and components................................... 10,757 10,840 10,313 -0.8 5.1 2.0 10,924 10,514 11,030 11,459 85,431 87,831 -2.7

 Electric lighting equipment..................... 943 983 965 -4.1 1.9 8.1 971 961 1,018 1,102 7,612 8,241 -7.6

 Household appliances.......................... 2,156 2,225 2,034 -3.1 9.4 7.1 2,120 2,068 2,133 2,053 15,192 14,835 2.4

 Electrical equipment............................ 2,922 2,901 2,899 0.7 0.1 -1.2 2,925 2,830 3,326 3,470 25,318 27,555 -8.1

 Transportation equipment........................ 74,800 74,479 55,044 0.4 35.3 19.5 73,603 63,102 61,515 87,617 485,621 667,578 -27.3

 Motor vehicle bodies, parts, 

 and trailers..................................... 28,701 29,043 26,703 -1.2 8.8 26.7 29,663 26,270 27,919 30,200 209,864 227,014 -7.6

 Nondefense aircraft and parts3................ -2,784 -5,970 -10,507 (NA) (NA) -467.6 -3,795 -4,074 -9,905 7,295 -27,309 72,288 -137.8

 Defense aircraft and parts.................... 4,325 4,616 2,634 -6.3 75.2 -29.2 2,994 3,764 3,689 3,801 29,568 34,444 -14.2

 Ships and boats.................................. 3,188 3,724 2,097 -14.4 77.6 -17.7 2,283 1,522 3,821 3,941 25,125 24,381 3.1

 Furniture and related products................... 6,617 6,692 6,532 -1.1 2.4 7.9 6,734 6,545 6,594 6,733 52,314 53,356 -2.0

 Nondurable goods industries..................... 236,948 235,013 230,773 0.8 1.8 5.3 241,606 236,000 238,442 260,894 1,876,057 2,020,302 -7.1

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

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

3

 (NA) - New Orders month-to-month percent change is not provided for Nondefense aircraft and parts because the denominator has a negative value. 

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, August Full Report, October 2, 2020. 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 August

Aug. July June July - June - May - Aug. July June Aug. 2020/

2020p 2020r 2020 Aug. July June 2020p 2020r 2020 2019 2019

All manufacturing industries2

...................... 1,078,631 1,084,809 1,092,630 -0.6 -0.7 -1.4 1,074,691 1,085,963 1,095,100 1,145,026 -6.1

 Excluding transportation2...................... 350,578 349,908 349,111 0.2 0.2 0.1 349,945 351,601 351,493 349,792 0.0

 Excluding defense2............................. 856,508 863,886 873,389 -0.9 -1.1 -1.5 855,653 865,594 873,301 942,016 -9.2

 Durable goods industries2........................ 1,078,631 1,084,809 1,092,630 -0.6 -0.7 -1.4 1,074,691 1,085,963 1,095,100 1,145,026 -6.1

 Primary metals........................................ 30,791 30,654 30,584 0.4 0.2 0.1 30,500 30,613 30,779 31,035 -1.7

 Iron and steel mills............................... 12,873 12,779 12,771 0.7 0.1 -0.7 12,925 12,957 12,989 13,913 -7.1

 Aluminum and nonferrous metals............. 12,462 12,414 12,474 0.4 -0.5 -0.2 12,096 12,194 12,512 12,212 -0.9

 Ferrous metal foundries........................ 5,456 5,461 5,339 -0.1 2.3 2.7 5,479 5,462 5,278 4,910 11.6

 Fabricated metal products......................... 73,049 72,996 72,692 0.1 0.4 0.3 73,959 74,163 73,616 76,333 -3.1

 Machinery.............................................. 97,396 97,237 97,024 0.2 0.2 0.1 97,162 97,486 97,165 96,403 0.8

 Construction machinery......................... 5,296 5,226 5,166 1.3 1.2 1.8 5,007 5,042 4,992 5,709 -12.3

 Mining, oil field, and

 gas field machinery.......................... 3,665 3,639 3,677 0.7 -1.0 -2.9 3,665 3,639 3,677 4,169 -12.1

 Industrial machinery............................. 8,586 8,597 8,627 -0.1 -0.3 -1.0 8,476 8,501 8,589 8,722 -2.8

 Photographic equipment........................ 950 977 1,024 -2.8 -4.6 -2.7 884 926 954 999 -11.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,336 7,201 7,050 1.9 2.1 2.3 7,256 7,272 7,208 6,723 7.9

 Metalworking machinery........................ 8,302 8,289 8,217 0.2 0.9 2.2 8,398 8,407 8,263 8,081 3.9

 Turbines, generators, and other 

 power transmission equipment............ 23,357 23,500 23,447 -0.6 0.2 -0.6 23,357 23,500 23,447 23,914 -2.3

 Material handling equipment................... 11,058 11,006 11,032 0.5 -0.2 -0.1 11,098 11,186 11,253 10,810 2.7

 Computers and electronic products2............. 118,737 118,648 118,708 0.1 -0.1 0.1 117,861 118,663 119,135 116,914 0.8

 Computers......................................... 1,835 1,853 1,864 -1.0 -0.6 -2.2 1,835 1,853 1,864 1,908 -3.8

 Nondefense communications

 equipment...................................... 24,989 24,868 24,836 0.5 0.1 0.0 24,840 24,860 24,806 24,544 1.2

 Defense communications equipment........ 668 698 716 -4.3 -2.5 -6.9 671 697 707 975 -31.2

 Electronic components.......................... 14,390 14,523 14,694 -0.9 -1.2 -0.5 14,184 14,415 14,525 14,068 0.8

 Nondefense search and navigation

 equipment....................................... 22,247 22,098 21,959 0.7 0.6 0.7 22,206 22,111 22,001 21,227 4.6

 Defense search and navigation

 equipment....................................... 30,757 30,784 30,840 -0.1 -0.2 0.4 30,535 30,867 31,228 30,877 -1.1

 Electromedical, measuring,

 and control instruments...................... 23,851 23,824 23,799 0.1 0.1 0.0 23,590 23,860 24,004 23,315 1.2

 Electrical equipment, appliances, 

 and components.................................... 22,041 21,859 21,621 0.8 1.1 0.0 22,025 22,032 21,885 20,953 5.1

 Electric lighting equipment..................... 1,654 1,680 1,675 -1.5 0.3 0.7 1,653 1,696 1,703 1,587 4.2

 Household appliances........................... 2,115 2,007 1,866 5.4 7.6 8.6 2,060 2,033 1,892 1,436 43.5

 Electrical equipment............................. 8,642 8,588 8,561 0.6 0.3 -0.4 8,641 8,677 8,622 8,710 -0.8

 Transportation equipment......................... 728,053 734,901 743,519 -0.9 -1.2 -2.0 724,746 734,362 743,607 795,234 -8.9

 Motor vehicle bodies, parts, 

 and trailers...................................... 21,129 21,021 21,133 0.5 -0.5 3.7 20,671 20,447 20,754 20,434 1.2

 Nondefense aircraft and parts................ 484,883 492,998 502,915 -1.6 -2.0 -2.8 484,946 493,699 501,203 572,430 -15.3

 Defense aircraft and parts..................... 84,279 84,078 83,737 0.2 0.4 -1.6 82,678 83,756 83,812 78,021 6.0

 Ships and boats.................................. 49,907 49,455 48,344 0.9 2.3 -0.6 49,243 49,633 50,470 42,238 16.6

 Furniture and related products................... 7,993 7,941 7,913 0.7 0.4 -0.6 7,867 8,071 8,344 7,579 3.8

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, August Full Report, October 2, 2020. 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 August

Aug. July June July - June - May - Aug. July June Aug. 2020/

2020p 2020r 2020 Aug. July June 2020p 2020r 2020 2019 2019

 All manufacturing industries...................... 686,554 686,399 690,353 0.0 -0.6 0.5 690,229 690,088 687,081 697,929 -1.1

 Excluding transportation........................ 539,983 540,375 543,971 -0.1 -0.7 0.2 542,495 542,648 542,085 562,257 -3.5

 Excluding defense............................. 661,077 661,107 664,949 0.0 -0.6 0.5 664,636 664,717 661,636 673,045 -1.2

 With unfilled orders............................. 343,237 343,741 346,587 -0.1 -0.8 -0.1 346,106 346,790 345,768 341,739 1.3

 Durable goods industries........................ 420,390 420,990 424,468 -0.1 -0.8 -0.1 423,653 424,360 422,750 421,244 0.6

 Wood products........................................ 11,745 11,638 11,619 0.9 0.2 0.4 11,588 11,356 11,352 11,959 -3.1

 Nonmetallic mineral products..................... 14,010 14,128 14,303 -0.8 -1.2 -0.7 13,964 14,152 14,438 14,459 -3.4

 Primary metals......................................... 33,020 33,310 33,935 -0.9 -1.8 -2.2 33,189 33,527 33,839 35,981 -7.8

 Iron and steel mills............................... 18,185 18,551 18,998 -2.0 -2.4 -2.3 18,319 18,683 18,934 20,370 -10.1

 Aluminum and nonferrous metals............ 12,759 12,673 12,806 0.7 -1.0 -2.2 12,818 12,767 12,789 13,392 -4.3

 Ferrous metal foundries........................ 2,076 2,086 2,131 -0.5 -2.1 -1.3 2,052 2,077 2,116 2,219 -7.5

 Fabricated metal products......................... 51,190 51,434 52,530 -0.5 -2.1 -1.6 51,419 52,072 52,655 53,960 -4.7

 Machinery.............................................. 69,056 69,488 70,398 -0.6 -1.3 -0.8 69,818 69,869 70,143 73,202 -4.6

 Farm machinery.................................. 3,648 3,674 3,729 -0.7 -1.5 -2.7 3,531 3,595 3,668 3,875 -8.9

 Construction machinery......................... 5,997 6,060 6,136 -1.0 -1.2 -0.6 6,018 6,056 6,138 6,604 -8.9

 Mining, oil field, 

 and gas field machinery.................... 4,799 4,863 4,682 -1.3 3.9 -3.5 4,858 4,823 4,631 5,590 -13.1

 Industrial machinery............................. 9,796 9,793 9,903 0.0 -1.1 1.1 10,021 9,733 10,032 9,348 7.2

 Photographic equipment....................... 1,414 1,427 1,437 -0.9 -0.7 -0.6 1,457 1,446 1,407 1,497 -2.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,858 4,971 5,351 -2.3 -7.1 -2.4 4,876 5,068 5,413 5,737 -15.0

 Metalworking machinery........................ 5,843 5,905 5,974 -1.0 -1.2 -1.0 5,931 5,949 5,882 6,334 -6.4

 Turbines, generators, and other

 power transmission equipment............ 9,259 9,295 9,430 -0.4 -1.4 -1.0 9,452 9,516 9,397 9,934 -4.9

 Material handling equipment.................. 4,746 4,798 4,793 -1.1 0.1 -1.3 4,843 4,893 4,803 5,328 -9.1

 Computers and electronic products2

............ 43,819 43,976 44,203 -0.4 -0.5 0.0 44,360 44,450 44,129 44,431 -0.2

 Computers......................................... 1,851 1,849 1,861 0.1 -0.6 -2.6 1,929 1,914 1,910 1,882 2.5

 Computer storage devices.................... 966 956 964 1.0 -0.8 1.0 1,007 1,027 956 1,050 -4.1

 Other peripheral equipment................... 1,039 1,050 1,072 -1.0 -2.1 0.1 1,063 1,063 1,064 1,044 1.8

 Nondefense communications

 equipment...................................... 4,572 4,576 4,540 -0.1 0.8 -0.2 4,734 4,593 4,554 4,666 1.5

 Defense communications equipment........ 666 670 660 -0.6 1.5 -0.3 666 670 660 678 -1.8

 Audio and video equipment.................... 489 517 604 -5.4 -14.4 -14.0 520 522 588 676 -23.1

 Electronic components.......................... 7,648 7,787 7,885 -1.8 -1.2 -0.9 7,499 7,862 7,824 7,713 -2.8

 Nondefense search and navigation

 equipment...................................... 2,929 2,932 2,959 -0.1 -0.9 0.3 2,970 2,967 2,934 2,858 3.9

 Defense search and navigation

 equipment....................................... 2,681 2,675 2,665 0.2 0.4 0.2 2,708 2,711 2,670 2,738 -1.1

 Electromedical, measuring 

 and control instruments...................... 15,487 15,468 15,493 0.1 -0.2 1.4 15,720 15,635 15,471 15,271 2.9

 Electrical equipment, appliances, 

 and components.................................... 19,699 19,746 19,795 -0.2 -0.2 -0.1 19,903 20,057 19,936 20,118 -1.1

 Electric lighting equipment..................... 2,002 2,018 2,026 -0.8 -0.4 -0.1 2,015 2,048 2,029 2,107 -4.4

 Household appliances........................... 2,354 2,362 2,382 -0.3 -0.8 1.0 2,436 2,415 2,381 2,824 -13.7

 Electrical equipment............................. 6,481 6,472 6,504 0.1 -0.5 0.0 6,469 6,536 6,508 6,398 1.1

 Batteries............................................ 1,837 1,844 1,854 -0.4 -0.5 -0.1 1,952 1,963 1,958 1,985 -1.7

 Transportation equipment......................... 146,571 146,024 146,382 0.4 -0.2 1.4 147,734 147,440 144,996 135,672 8.9

 Automobiles....................................... 5,593 5,681 5,805 -1.5 -2.1 -1.4 5,690 5,841 5,620 5,959 -4.5

 Light trucks and utility vehicles.............. 5,080 5,128 5,217 -0.9 -1.7 11.0 5,260 5,359 4,848 5,566 -5.5

 Heavy duty trucks ............................... 1,951 1,837 1,880 6.2 -2.3 -3.0 1,936 1,946 1,923 1,949 -0.7

 Motor vehicle bodies, parts, 

 and trailers...................................... 26,414 26,489 27,226 -0.3 -2.7 -1.4 26,576 26,783 26,831 26,784 -0.8

 Nondefense aircraft and parts................ 78,066 77,726 76,923 0.4 1.0 2.4 78,376 78,058 76,664 67,262 16.5

 Defense aircraft and parts..................... 12,440 12,327 12,476 0.9 -1.2 1.3 12,461 12,372 12,422 12,040 3.5

 Ships and boats.................................. 4,241 4,151 4,084 2.2 1.6 -2.3 4,333 4,177 4,133 4,136 4.8

 Furniture and related products.................... 7,116 7,120 7,214 -0.1 -1.3 -0.7 7,201 7,229 7,376 7,610 -5.4

 Miscellaneous durable goods..................... 24,164 24,126 24,089 0.2 0.2 -0.3 24,477 24,208 23,886 23,852 2.6

 Nondurable goods industries...................... 266,164 265,409 265,885 0.3 -0.2 1.4 266,576 265,728 264,331 276,685 -3.7

 Food products........................................ 54,614 54,597 54,441 0.0 0.3 0.0 54,959 54,224 53,240 55,628 -1.2

 Grain and oilseed milling........................ 5,240 5,273 5,203 -0.6 1.3 -0.5 5,169 5,139 5,048 5,230 -1.2

 Dairy products.................................... 8,498 8,487 8,322 0.1 2.0 0.8 8,599 8,747 8,531 8,471 1.5

 Meat, poultry, and seafood products....... 9,303 9,210 9,286 1.0 -0.8 -0.5 9,386 9,295 9,147 10,103 -7.1

 Beverage and tobacco products................ 25,547 25,684 25,710 -0.5 -0.1 0.2 24,834 24,997 25,191 24,951 -0.5

 Beverages......................................... 21,691 21,782 21,798 -0.4 -0.1 0.1 21,268 21,365 21,453 21,176 0.4

 Tobacco............................................ 3,856 3,902 3,912 -1.2 -0.3 0.4 3,566 3,632 3,738 3,775 -5.5

 Textile mills............................................ 3,052 3,061 3,105 -0.3 -1.4 -2.0 3,072 3,083 3,112 3,263 -5.9

 Textile products...................................... 3,719 3,737 3,763 -0.5 -0.7 -0.7 3,722 3,737 3,741 3,979 -6.5

 Apparel................................................. 1,802 1,821 1,838 -1.0 -0.9 -0.1 1,901 1,901 1,856 1,966 -3.3

 Leather and allied products....................... 828 844 853 -1.9 -1.1 -0.5 830 853 855 868 -4.4

 Paper products....................................... 15,188 15,162 15,313 0.2 -1.0 0.4 15,329 15,293 15,274 15,455 -0.8

 Pulp, paper, and paperboard mills........... 5,665 5,652 5,688 0.2 -0.6 0.3 5,670 5,660 5,672 5,811 -2.4

 Paperboard containers......................... 5,401 5,374 5,494 0.5 -2.2 0.4 5,474 5,438 5,471 5,460 0.3

 Printing.................................................. 5,710 5,672 5,679 0.7 -0.1 0.0 5,740 5,619 5,603 5,677 1.1

 Petroleum and coal products..................... 32,668 32,214 32,274 1.4 -0.2 11.5 32,836 32,780 32,212 39,317 -16.5

 Petroleum refineries............................. 27,302 26,713 26,696 2.2 0.1 14.9 27,435 27,204 26,575 33,429 -17.9

 Chemical products..................................... 96,902 96,414 96,559 0.5 -0.2 0.7 97,313 97,077 96,949 97,996 -0.7

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 5,499 5,474 5,526 0.5 -0.9 0.7 5,239 5,200 5,235 5,332 -1.7

 Pharmaceuticals and medicines.............. 46,008 45,604 45,540 0.9 0.1 1.0 46,377 46,171 46,503 45,038 3.0

 Paints, coatings, and adhesives.............. 3,858 3,832 3,841 0.7 -0.2 -1.1 3,777 3,839 3,891 3,986 -5.2

 Plastics and rubber products..................... 26,134 26,203 26,350 -0.3 -0.6 -0.8 26,040 26,164 26,298 27,585 -5.6

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 noncalendar 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, August Full Report, October 2, 2020. 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

Aug. July June July - June - May - Aug. July June Aug. 2020/

2020p 2020r 2020 Aug. July June 2020p 2020r 2020 2019 2020p 2019 2019

SHIPMENTS

 All manufacturing industries......................... 481,280 479,889 458,275 0.3 4.7 10.0 490,971 467,059 483,749 518,607 3,697,695 4,012,908 -7.9

 Construction materials and supplies....... 52,270 51,887 50,010 0.7 3.8 5.0 55,748 54,517 55,314 56,671 409,419 417,822 -2.0

 Information technology......................... 24,963 24,780 23,902 0.7 3.7 0.2 24,691 23,169 26,649 23,564 188,380 186,396 1.1

 Computers and related products........... 1,909 1,860 1,702 2.6 9.3 -7.4 1,887 1,674 2,167 1,660 13,770 12,723 8.2

 Motor vehicle and parts......................... 61,319 64,152 51,876 -4.4 23.7 82.9 63,531 55,950 55,343 65,019 393,039 485,941 -19.1

 Capital goods...................................... 82,317 80,146 78,420 2.7 2.2 3.7 81,139 75,401 85,810 83,989 633,793 678,478 -6.6

 Nondefense capital goods3.................. 70,128 67,900 66,248 3.3 2.5 4.8 69,209 64,543 73,193 71,853 538,652 583,672 -7.7

 Excluding aircraft............................. 67,231 66,255 64,351 1.5 3.0 3.7 66,529 63,228 70,671 66,564 512,740 524,933 -2.3

 Defense capital goods4........................ 12,189 12,246 12,172 -0.5 0.6 -1.6 11,930 10,858 12,617 12,136 95,141 94,806 0.4

 Consumer goods.................................. 201,134 202,058 189,647 -0.5 6.5 17.4 205,346 195,781 194,741 220,061 1,504,095 1,690,800 -11.0

 Consumer durable goods..................... 44,135 46,656 36,986 -5.4 26.1 103.5 45,333 40,017 38,835 45,838 270,460 342,821 -21.1

 Consumer nondurable goods................ 156,999 155,402 152,661 1.0 1.8 6.5 160,013 155,764 155,906 174,223 1,233,635 1,347,979 -8.5

 All manufacturing industries5...................... 470,135 466,927 438,247 0.7 6.5 6.4 474,232 452,865 463,716 508,829 3,592,427 3,955,838 -9.2

 Construction materials and supplies....... 52,464 51,977 50,167 0.9 3.6 5.6 55,568 54,512 55,588 56,285 409,665 420,495 -2.6

 Information technology......................... 25,204 24,909 23,938 1.2 4.1 -0.2 24,123 22,737 26,579 22,816 189,402 187,758 0.9

 Computers and related products........... 1,891 1,849 1,661 2.3 11.3 -8.1 1,869 1,663 2,126 1,629 13,597 12,640 7.6

 Motor vehicle and parts......................... 61,427 64,040 52,624 -4.1 21.7 85.4 63,755 55,643 55,393 65,082 392,962 484,472 -18.9

 Capital goods...................................... 76,706 72,596 63,458 5.7 14.4 -15.7 72,309 67,732 71,505 80,737 569,646 661,024 -13.8

 Nondefense capital goods3.................. 63,058 58,475 52,665 7.8 11.0 -15.5 60,830 57,750 58,383 68,345 468,661 568,705 -17.6

 Excluding aircraft............................. 67,834 66,585 64,885 1.9 2.6 4.3 65,941 63,272 70,067 64,641 518,124 525,473 -1.4

 Defense capital goods4........................ 13,648 14,121 10,793 -3.3 30.8 -16.7 11,479 9,982 13,122 12,392 100,985 92,319 9.4

 Consumer goods.................................. 201,290 202,290 189,822 -0.5 6.6 17.3 205,440 196,027 194,793 220,081 1,504,874 1,691,062 -11.0

 Consumer durable goods..................... 44,291 46,888 37,161 -5.5 26.2 102.3 45,427 40,263 38,887 45,858 271,239 343,083 -20.9

 Consumer nondurable goods.............. 156,999 155,402 152,661 1.0 1.8 6.5 160,013 155,764 155,906 174,223 1,233,635 1,347,979 -8.5

 All manufacturing industries5...................... 1,078,631 1,084,809 1,092,630 -0.6 -0.7 -1.4 1,074,691 1,085,963 1,095,100 1,145,026 (X) (X) -6.1

 Construction materials and supplies....... 50,762 50,568 50,478 0.4 0.2 0.3 51,363 51,543 51,548 54,368 (X) (X) -5.5

 Information technology......................... 114,927 114,686 114,557 0.2 0.1 0.0 114,232 114,800 115,232 113,065 (X) (X) 1.0

 Computers and related products........... 1,835 1,853 1,864 -1.0 -0.6 -2.2 1,835 1,853 1,864 1,908 (X) (X) -3.8

 Motor vehicle and parts......................... 21,129 21,021 21,133 0.5 -0.5 3.7 20,671 20,447 20,754 20,434 (X) (X) 1.2

 Capital goods...................................... 775,429 781,040 788,590 -0.7 -1.0 -1.9 774,126 782,956 790,625 848,564 (X) (X) -8.8

 Nondefense capital goods3.................. 593,802 600,872 610,297 -1.2 -1.5 -2.2 594,673 603,052 609,845 685,331 (X) (X) -13.2

 Excluding aircraft............................. 218,043 217,440 217,110 0.3 0.2 0.2 217,518 218,106 218,062 213,955 (X) (X) 1.7

 Defense capital goods4........................ 181,627 180,168 178,293 0.8 1.1 -0.8 179,453 179,904 180,780 163,233 (X) (X) 9.9

 Consumer goods.................................. 5,576 5,420 5,188 2.9 4.5 3.5 5,469 5,375 5,129 4,481 (X) (X) 22.0

 Consumer durable goods..................... 5,576 5,420 5,188 2.9 4.5 3.5 5,469 5,375 5,129 4,481 (X) (X) 22.0 

 All manufacturing industries....................... 686,554 686,399 690,353 0.0 -0.6 0.5 690,229 690,088 687,081 697,929 (X) (X) -1.1

 Construction materials and supplies....... 68,579 68,866 70,287 -0.4 -2.0 -1.4 68,521 69,176 70,314 72,305 (X) (X) -5.2

 Information technology......................... 39,270 39,321 39,434 -0.1 -0.3 0.1 39,958 39,791 39,417 39,330 (X) (X) 1.6

 Computers and related products........... 3,856 3,855 3,897 0.0 -1.1 -1.0 3,999 4,004 3,930 3,976 (X) (X) 0.6

 Motor vehicle and parts......................... 39,038 39,135 40,128 -0.2 -2.5 0.0 39,462 39,929 39,222 40,258 (X) (X) -2.0

 Capital goods...................................... 214,143 213,905 213,903 0.1 0.0 0.6 216,354 215,727 213,750 207,050 (X) (X) 4.5

 Nondefense capital goods3.................. 192,900 192,838 192,762 0.0 0.0 0.6 195,016 194,626 192,514 186,287 (X) (X) 4.7

 Excluding aircraft............................. 127,552 127,671 128,443 -0.1 -0.6 -0.4 129,198 128,967 128,403 130,365 (X) (X) -0.9

 Defense capital goods4........................ 21,243 21,067 21,141 0.8 -0.4 0.5 21,338 21,101 21,236 20,763 (X) (X) 2.8

 Consumer goods.................................. 203,212 202,734 202,994 0.2 -0.1 2.1 204,189 203,203 201,193 212,249 (X) (X) -3.8

 Consumer durable goods..................... 30,901 31,120 31,499 -0.7 -1.2 1.1 31,515 31,424 30,632 33,203 (X) (X) -5.1

 Consumer nondurable goods................ 172,311 171,614 171,495 0.4 0.1 2.3 172,674 171,779 170,561 179,046 (X) (X) -3.6

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 noncalendar 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, August Full Report, October 2, 2020. 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 August

Aug. July June July - June - May - Aug. July June Aug. 2020/

2020p 2020r 2020 Aug. July June 2020p 2020r 2020 2019 2019

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 236,330 236,862 238,215 -0.2 -0.6 -0.1 236,635 238,588 237,477 238,370 -0.7

 Durable goods industries.......................... 144,938 145,483 147,069 -0.4 -1.1 -1.4 145,879 146,857 146,598 145,634 0.2

 Wood products................................... 5,404 5,343 5,353 1.1 -0.2 -0.6 5,426 5,246 5,158 5,398 0.5

 Nonmetallic mineral products................. 5,747 5,801 5,840 -0.9 -0.7 -0.2 5,756 5,825 5,872 5,713 0.8

 Primary metals.................................... 12,588 12,459 12,632 1.0 -1.4 -3.1 12,617 12,536 12,640 13,221 -4.6

 Fabricated metal products.......................... 19,166 19,270 19,568 -0.5 -1.5 -1.3 19,331 19,574 19,589 20,389 -5.2

 Machinery.......................................... 27,393 27,598 27,849 -0.7 -0.9 -1.4 27,663 27,796 27,826 28,782 -3.9

 Computers and electronic products........ 20,039 19,862 19,861 0.9 0.0 -0.5 20,175 20,110 19,949 19,456 3.7

 Electrical equipment, appliances,

 and components............................... 8,742 8,831 8,843 -1.0 -0.1 -0.5 8,823 8,980 8,886 8,595 2.7

 Transportation equipment..................... 34,410 34,837 35,628 -1.2 -2.2 -2.2 34,461 35,160 35,159 32,602 5.7

 Furniture and related products............... 3,457 3,478 3,519 -0.6 -1.2 -1.6 3,484 3,531 3,573 3,654 -4.7

 Miscellaneous products......................... 7,992 8,004 7,976 -0.1 0.4 0.4 8,143 8,099 7,946 7,824 4.1

 Nondurable goods industries...................... 91,392 91,379 91,146 0.0 0.3 2.0 90,756 91,731 90,879 92,736 -2.1

 Food products.................................... 19,830 19,828 19,631 0.0 1.0 0.4 19,538 19,761 19,417 19,584 -0.2

 Beverage and tobacco products........................ 5,668 5,765 5,812 -1.7 -0.8 0.0 5,363 5,500 5,598 5,566 -3.6

 Textiles.............................................. 1,129 1,141 1,163 -1.1 -1.9 -1.6 1,141 1,156 1,174 1,193 -4.4

 Textile products................................... 1,188 1,192 1,194 -0.3 -0.2 -0.7 1,190 1,196 1,196 1,244 -4.3

 Apparel............................................. 552 556 550 -0.7 1.1 0.5 565 565 548 587 -3.7

 Leather and allied products.................... 282 279 283 1.1 -1.4 -0.4 286 288 288 288 -0.7

 Paper products.................................... 7,583 7,598 7,733 -0.2 -1.7 0.0 7,623 7,671 7,657 7,702 -1.0

 Printing ............................................. 2,713 2,697 2,708 0.6 -0.4 0.1 2,722 2,701 2,696 2,721 0.0

 Petroleum and coal products................. 10,599 10,293 10,061 3.0 2.3 17.5 10,384 10,410 10,377 11,191 -7.2

 Chemical products................................ 31,075 31,218 31,148 -0.5 0.2 1.1 31,182 31,566 31,125 31,811 -2.0

 Plastics and rubber products.................. 10,773 10,812 10,863 -0.4 -0.5 -1.3 10,762 10,917 10,803 10,849 -0.8

WORK IN PROCESS

 All manufacturing industries....................... 206,258 205,445 206,426 0.4 -0.5 1.4 207,173 206,660 205,609 202,607 2.3

 Durable goods industries.......................... 159,341 158,675 159,442 0.4 -0.5 1.1 160,725 160,119 159,298 152,222 5.6

 Wood products................................... 1,969 1,980 1,658 -0.6 19.4 1.7 1,962 1,947 1,657 1,802 8.9

 Nonmetallic mineral products................. 1,375 1,371 1,396 0.3 -1.8 -0.1 1,361 1,382 1,420 1,441 -5.6

 Primary metals.................................... 8,920 8,859 9,254 0.7 -4.3 -1.8 9,127 9,024 9,307 10,684 -14.6

 Fabricated metal products.......................... 12,830 12,925 13,330 -0.7 -3.0 -1.8 12,874 13,103 13,333 13,434 -4.2

 Machinery.......................................... 19,378 19,370 19,794 0.0 -2.1 0.9 19,905 19,542 19,706 20,141 -1.2

 Computers and electronic products........ 12,337 12,578 12,753 -1.9 -1.4 -0.2 12,320 12,704 12,801 12,538 -1.7

 Electrical equipment, appliances,

 and components............................... 4,203 4,172 4,209 0.7 -0.9 -0.8 4,237 4,233 4,288 4,182 1.3

 Transportation equipment..................... 93,403 92,478 92,151 1.0 0.4 2.1 93,941 93,212 91,899 83,050 13.1

 Furniture and related products............... 1,105 1,119 1,120 -1.3 -0.1 1.7 1,113 1,120 1,137 1,159 -4.0

 Miscellaneous products......................... 3,821 3,823 3,777 -0.1 1.2 1.9 3,885 3,852 3,750 3,791 2.5

 Nondurable goods industries...................... 46,917 46,770 46,984 0.3 -0.5 2.4 46,448 46,541 46,311 50,385 -7.8

 Food products.................................... 4,988 4,897 4,883 1.9 0.3 0.7 4,561 4,539 4,521 4,155 9.8

 Beverage and tobacco products........................ 9,082 9,136 9,158 -0.6 -0.2 0.7 8,639 8,640 8,774 8,892 -2.8

 Textiles.............................................. 583 590 593 -1.2 -0.5 -1.0 592 597 591 648 -8.6

 Textile products................................... 336 334 336 0.6 -0.6 1.2 334 333 329 376 -11.2

 Apparel............................................. 291 290 298 0.3 -2.7 0.7 306 301 306 333 -8.1

 Leather and allied products.................... 83 88 88 -5.7 0.0 3.5 85 88 85 101 -15.8

 Paper products.................................... 1,433 1,405 1,413 2.0 -0.6 1.2 1,473 1,437 1,429 1,512 -2.6

 Printing ............................................. 1,242 1,208 1,200 2.8 0.7 0.1 1,264 1,175 1,127 1,155 9.4

 Petroleum and coal products................. 6,978 7,092 7,232 -1.6 -1.9 9.4 7,223 7,330 7,188 10,495 -31.2

 Chemical products................................ 18,863 18,708 18,800 0.8 -0.5 1.3 18,944 19,080 19,003 19,594 -3.3

 Plastics and rubber products.................. 3,038 3,022 2,983 0.5 1.3 3.3 3,027 3,021 2,958 3,124 -3.1

FINISHED GOODS

 All manufacturing industries....................... 243,966 244,092 245,712 -0.1 -0.7 0.4 246,421 244,840 243,995 256,952 -4.1

 Durable goods industries.......................... 116,111 116,832 117,957 -0.6 -1.0 0.0 117,049 117,384 116,854 123,388 -5.1

 Wood products................................... 4,372 4,315 4,608 1.3 -6.4 1.2 4,200 4,163 4,537 4,759 -11.7

 Nonmetallic mineral products................. 6,888 6,956 7,067 -1.0 -1.6 -1.2 6,847 6,945 7,146 7,305 -6.3

 Primary metals.................................... 11,512 11,992 12,049 -4.0 -0.5 -1.6 11,445 11,967 11,892 12,076 -5.2

 Fabricated metal products.......................... 19,194 19,239 19,632 -0.2 -2.0 -1.9 19,214 19,395 19,733 20,137 -4.6

 Machinery.......................................... 22,285 22,520 22,755 -1.0 -1.0 -1.5 22,250 22,531 22,611 24,279 -8.4

 Computers and electronic products........ 11,443 11,536 11,589 -0.8 -0.5 1.1 11,865 11,636 11,379 12,437 -4.6

 Electrical equipment, appliances,

 and components............................... 6,754 6,743 6,743 0.2 0.0 0.8 6,843 6,844 6,762 7,341 -6.8

 Transportation equipment..................... 18,758 18,709 18,603 0.3 0.6 5.3 19,332 19,068 17,938 20,020 -3.4

 Furniture and related products............... 2,554 2,523 2,575 1.2 -2.0 -0.5 2,604 2,578 2,666 2,797 -6.9

 Miscellaneous products......................... 12,351 12,299 12,336 0.4 -0.3 -1.4 12,449 12,257 12,190 12,237 1.7

 Nondurable goods industries...................... 127,855 127,260 127,755 0.5 -0.4 0.7 129,372 127,456 127,141 133,564 -3.1

 Food products.................................... 29,796 29,872 29,927 -0.3 -0.2 -0.3 30,860 29,924 29,302 31,889 -3.2

 Beverage and tobacco products........................ 10,797 10,783 10,740 0.1 0.4 -0.2 10,832 10,857 10,819 10,493 3.2

 Textiles.............................................. 1,340 1,330 1,349 0.8 -1.4 -2.8 1,339 1,330 1,347 1,422 -5.8

 Textile products................................... 2,195 2,211 2,233 -0.7 -1.0 -1.0 2,198 2,208 2,216 2,359 -6.8

 Apparel............................................. 959 975 990 -1.6 -1.5 -0.6 1,030 1,035 1,002 1,046 -1.5

 Leather and allied products.................... 463 477 482 -2.9 -1.0 -1.2 459 477 482 479 -4.2

 Paper products.................................... 6,172 6,159 6,167 0.2 -0.1 0.6 6,233 6,185 6,188 6,241 -0.1

 Printing ............................................. 1,755 1,767 1,771 -0.7 -0.2 -0.2 1,754 1,743 1,780 1,801 -2.6

 Petroleum and coal products................. 15,091 14,829 14,981 1.8 -1.0 8.7 15,229 15,040 14,647 17,631 -13.6

 Chemical products................................ 46,964 46,488 46,611 1.0 -0.3 0.1 47,187 46,431 46,821 46,591 1.3

 Plastics and rubber products.................. 12,323 12,369 12,504 -0.4 -1.1 -1.4 12,251 12,226 12,537 13,612 -10.0

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 noncalendar 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, August Full Report, October 2, 2020. 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 Aug Jul Jun May Aug Jul Jun May

2020p 2020r 2020 2020 2020p 2020r 2020 2020

All manufacturing industries3

.................................... 1.43 1.43 1.51 1.65 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.72 1.72 1.87 2.15 6.60 6.69 7.01 7.56

 Wood products........................................................... 1.21 1.23 1.30 1.33 (X) (X) (X) (X)

 Nonmetallic mineral products............................. 1.19 1.20 1.23 1.28 (X) (X) (X) (X)

 Primary metals............................................................ 1.80 1.84 1.90 2.07 1.68 1.69 1.71 1.82

 Fabricated metal products...................................... 1.70 1.70 1.80 1.93 2.51 2.50 2.57 2.70

 Machinery..................................................................... 2.22 2.27 2.36 2.47 3.49 3.53 3.59 3.69

 Computers and electronic products3

................... 1.47 1.48 1.54 1.54 5.25 5.28 5.44 5.44

 Electrical equipment, appliances,

 and components.................................................... 1.86 1.86 1.92 1.96 2.25 2.22 2.26 2.31

 Transportation equipment..................................... 1.80 1.76 2.07 3.10 14.88 15.28 16.65 19.31

 Furniture and related products............................ 1.08 1.07 1.10 1.20 1.37 1.35 1.37 1.47

 Miscellaneous products.......................................... 1.64 1.65 1.73 1.88 (X) (X) (X) (X)

Nondurable goods industries................................... 1.12 1.13 1.15 1.20 (X) (X) (X) (X)

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

 Beverage and tobacco products........................... 1.90 1.93 1.95 2.00 (X) (X) (X) (X)

 Textiles.......................................................................... 1.41 1.45 1.51 1.66 (X) (X) (X) (X)

 Textile products......................................................... 2.04 2.12 2.09 2.23 (X) (X) (X) (X)

 Apparel........................................................................ 2.14 2.09 2.14 2.16 (X) (X) (X) (X)

 Leather and allied products................................ 1.90 2.02 2.21 2.51 (X) (X) (X) (X)

 Paper products.......................................................... 0.93 0.93 0.96 0.95 (X) (X) (X) (X)

 Printing........................................................................ 0.83 0.81 0.84 0.90 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.82 0.85 0.90 1.03 (X) (X) (X) (X)

 Chemical products................................................... 1.42 1.42 1.44 1.47 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.32 1.34 1.36 1.42 (X) (X) (X) (X)

Aug3 Aug3 Aug3 Aug3

Industry 2019- 2019- 2019- 2019-

Aug2 Jul Aug2 Jul Aug2 Jul Aug2 Jul

2020 2020 2020 2020 2020 2020 2020 2020

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

Durable goods industries....................... 0.1 0.3 0.1 0.6 0.0 0.1 0.0 0.1

 Wood products............................................ (X) 0.3 (X) (NA) (X) (NA) (X) 0.3

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

 Primary metals............................................. 0.4 0.5 0.4 0.6 0.0 0.2 0.0 0.2

 Fabricated metal products.................... 0.0 0.7 0.1 0.9 0.1 0.2 -0.1 0.2

 Machinery...................................................... 0.0 0.5 0.0 0.6 0.1 0.1 0.0 0.2

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

 Electrical equipment, appliances,

 and components..................................... 0.4 0.4 0.7 0.5 0.0 0.2 0.0 0.2

 Transportation equipment.................... 0.0 0.3 -0.1 1.2 0.0 0.1 0.1 0.1

 Furniture and related products............. (X) 0.6 (X) 0.8 (X) 0.3 (X) 0.4

 Miscellaneous products.......................... (X) 0.3 (X) 0.3 (X) 0.1 (X) 0.0

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

 Food products.............................................. (X) 0.1 (X) (NA) (X) (NA) (X) 0.2

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

 Textiles.......................................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.3

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

 Apparel......................................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.3

 Leather and allied products.................. (X) 1.1 (X) (NA) (X) (NA) (X) 0.2

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

 Printing.......................................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.2

 Petroleum and coal products............... (X) 0.5 (X) (NA) (X) (NA) (X) 0.6

 Chemical products................................... (X) 0.2 (X) (NA) (X) (NA) (X) 0.0

 Plastics and rubber products................ (X) 0.4 (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, August Full Report, October 2, 2020. 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, August Full Report, October 2, 2020. 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