Manufacturers' Shipments,

 Inventories, and Orders: February 2003 Issued April 2003

 M3-1(03)-02

 For Wire Transmission 10:00 a.m. E.S.T., April 2, 2003 Current 

 Industrial

 Reports

For data, call 301-763-4673. For inquiries, contact Dan Sansbury or Derrick Roy, 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 March is scheduled for April 24, 2003 at 8:30 a.m. and the full report on May 2, 2003 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

Feb-01Apr-01

Jun-01

Aug-01

Oct-01

Dec-01

Feb-02Apr-02

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03

300

320

340

360

380

 Shipments Average

Billions Of Dollars

Total Manufacturing Inventories

and Three Month Moving Average

420

440

460

480

500

Feb-01Apr-01

Jun-01

Aug-01

Oct-01

Dec-01

Feb-02Apr-02

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03

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 and

exclude data for semiconductor manufacturing.

Summary

New orders for manufactured goods in February decreased

$4.9 billion or 1.5 percent to $321.2 billion, the Department

of Commerce, Census Bureau reported today. This followed

a 1.7 percent January increase. Year to date, new orders for

2003 were 3.5 percent above the same period a year ago.

Shipments decreased $5.0 billion or 1.5 percent to $322.2

billion. This was the largest percent decrease since February

2002. This followed a 1.9 percent January increase. Year to

date, shipments for 2003 were 3.1 percent above the same

period a year ago. 

Unfilled orders, down six consecutive months, decreased

$1.1 billion or 0.2 percent to $475.1 billion, following a 0.3

percent January decrease. This was the lowest level since

August 1996. The unfilled orders-to-shipments ratio was

3.99, up from 3.94 in January.

Inventories increased $1.7 billion or 0.4 percent to $433.0

billion, following a 0.1 percent January increase. The

inventories-to-shipments ratio was 1.34, up from 1.32 in

January.

New Orders

New orders for manufactured durable goods in February

decreased $2.8 billion or 1.6 percent to $169.9 billion,

revised from the previously published 1.2 percent decrease.

Computers and electronic products had the largest

decrease, $1.4 billion or 5.0 percent to $25.9 billion, led by

computers and related products, which decreased by $0.8

billion. Machinery decreased $0.6 billion or 2.5 percent to

$21.8 billion.

New orders for manufactured nondurable goods decreased

$2.1 billion or 1.4 percent to $151.2 billion.

Shipments

Shipments of manufactured durable goods in February

decreased $2.9 billion or 1.7 percent to $171.0 billion,

revised from the previously published 1.6 percent decrease.

Computers and electronic products had the largest

decrease, $1.1 billion or 4.2 percent to $25.6 billion, led by

computers and related products, which decreased by $0.9

billion. This was the largest percent decrease in computers

and electronic products since August 2001.

Shipments of manufactured nondurable goods decreased

$2.1 billion or 1.4 percent to $151.2 billion. This was the

largest percent decrease since February 2002. Food

products had the largest decrease, $0.7 billion or 1.8

percent to $37.3 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in

February, down six consecutive months, decreased $1.1

billion or 0.2 percent to $475.1 billion, revised from the

previously published 0.3 percent decrease. This was the

lowest level since August 1996.

Transportation equipment had the largest decrease, $1.1

billion or 0.4 percent to $245.8 billion. This was the fifth

decrease in the last 6 months and the lowest level since

May 2000.

Inventories

Inventories of manufactured durable goods in February

decreased $0.1 billion or 0.1 percent to $264.7 billion,

unrevised from the previously published 0.1 percent

decrease. This was the twenty-fourth decrease over the

past twenty-five months.

Computers and electronic products, had the largest

decrease, $0.4 billion or 0.9 percent to $41.4 billion. This

was the sixth decrease in the last seven months and the

lowest level since May 1994. The decrease was led by

communications equipment, which was down $0.2 billion.

Inventories of manufactured nondurable goods increased

$1.8 billion or 1.1 percent to $168.3 billion. This was the

largest percent increase since January 1995. Basic

chemicals had the largest increase, $1.1 billion or 2.2

percent to $50.3 billion, due to pharmaceuticals and

medicines, which increased $1.1 billion.

By stage of fabrication, February materials and supplies

decreased 0.3 percent in durable goods and increased 0.9

percent in nondurable goods. Work in process increased

0.1 percent in durable goods and 1.3 percent in nondurable

goods. Finished goods decreased 0.1 percent in durable

goods and increased 1.1 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 Dan Sansbury or Derrick Roy, 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 March is scheduled for April 24, 2003 at 8:30 A.M. EDT and the full report on May 2, 2003 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 Year to date Percent

Industry Change

Feb Jan Dec Jan - Dec - Nov - Feb Jan Dec Feb 2003/

2003p 2003r 2002 Feb. Jan. Dec. 2003p 2003r 2002 2002 2003p 2002 2002

 All manufacturing industries 2.................. 322,220 327,265 321,016 -1.5 1.9 -0.6 310,119 299,447 313,437 302,013 609,566 591,012 3.1

 Excluding transportation 2

................... 270,166 275,685 272,712 -2.0 1.1 0.4 258,687 251,965 267,699 250,857 510,652 492,795 3.6

 Excluding defense 2

............................. 313,513 318,714 313,460 -1.6 1.7 -0.3 302,022 292,460 304,530 295,191 594,482 577,898 2.9

 With unfilled orders 2

.......................... 119,173 120,784 117,822 -1.3 2.5 -2.9 114,484 107,235 119,290 116,001 221,719 222,442 -0.3

 Durable goods industries 2

........................170,987 173,926 169,712 -1.7 2.5 -2.1 164,193 155,655 167,055 164,691 319,848 317,664 0.7

 Wood products................................. ...... 7,124 7,269 7,434 -2.0 -2.2 -1.0 6,511 6,297 6,619 6,833 12,808 13,177 -2.8

 Nonmetallic mineral products................... 8,202 8,683 8,526 -5.5 1.8 1.5 7,418 7,768 7,159 6,790 15,186 13,492 12.6

 Primary metals............................ .......... 10,971 11,351 11,181 -3.3 1.5 0.2 10,708 11,092 9,604 10,605 21,800 21,149 3.1

 Iron and steel mills............................ 5,107 5,254 5,340 -2.8 -1.6 0.6 4,942 5,154 4,597 4,719 10,096 9,474 6.6

 Aluminum and nonferrous metals......... 4,564 4,793 4,601 -4.8 4.2 0.2 4,489 4,691 3,977 4,583 9,180 9,106 0.8

 Ferrous metal foundries...................... 1,300 1,304 1,240 -0.3 5.2 -1.6 1,277 1,247 1,030 1,303 2,524 2,569 -1.8

 Fabricated metal products...................... 20,628 20,870 20,968 -1.2 -0.5 -0.4 19,948 19,231 19,150 20,006 39,179 39,251 -0.2

 Machinery............................................. 22,001 22,406 22,243 -1.8 0.7 -2.0 21,305 19,508 22,154 21,796 40,813 41,273 -1.1

 Farm machinery................................. 1,567 1,532 1,584 2.3 -3.3 -0.2 1,758 1,370 1,278 1,613 3,128 2,883 8.5

 Construction machinery..................... 1,570 1,657 1,775 -5.3 -6.6 2.8 1,571 1,421 1,654 1,636 2,992 2,987 0.2

 Mining, oil field, and 

 gas field machinery......................... 752 751 764 0.1 -1.7 9.9 737 686 864 728 1,423 1,442 -1.3

 Industrial machinery.......................... 3,297 3,207 2,960 2.8 8.3 -8.0 3,045 2,909 3,467 2,699 5,954 5,314 12.0

 Photographic equipment...................... 1,329 1,424 1,504 -6.7 -5.3 0.8 1,167 1,188 1,580 1,171 2,355 2,303 2.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,472 2,526 2,574 -2.1 -1.9 1.1 2,254 2,125 2,417 2,367 4,379 4,580 -4.4

 Metalworking machinery..................... 1,975 2,006 1,936 -1.5 3.6 -14.8 1,763 1,525 1,917 1,846 3,288 3,427 -4.1

 Turbines, generators, and other

 power transmission equipment....... 2,480 2,600 2,149 -4.6 21.0 -8.1 2,500 2,188 2,264 3,170 4,688 5,669 -17.3

 Material handling equipment............... 1,330 1,371 1,430 -3.0 -4.1 2.4 1,307 1,353 1,366 1,355 2,660 2,721 -2.2

 Computers and electronic products 2...... 25,629 26,759 25,692 -4.2 4.2 -1.5 23,357 21,899 31,193 24,048 45,256 45,886 -1.4

 Computers........................................ 4,112 4,983 4,025 -17.5 23.8 2.4 3,369 4,217 4,930 3,249 7,586 6,560 15.6

 Computer storage devices................... 1,050 1,082 1,155 -3.0 -6.3 -4.4 814 764 1,781 1,129 1,578 1,953 -19.2

 Other peripheral equipment................ 1,585 1,622 1,243 -2.3 30.5 -19.1 1,387 1,208 1,810 1,268 2,595 2,361 9.9

 Nondefense communications

 equipment.................................... 5,098 5,267 4,863 -3.2 8.3 -5.9 4,488 4,019 6,800 5,007 8,507 9,229 -7.8

 Defense communications equipment... 314 321 291 -2.2 10.3 -14.9 309 291 313 313 600 609 -1.5

 Audio and video equipment.................. 665 707 775 -5.9 -8.8 0.9 645 608 862 717 1,253 1,361 -7.9

 Semiconductors 3

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

 Electronic components........................ 3,841 3,833 4,130 0.2 -7.2 -0.6 3,600 3,277 4,173 4,063 6,877 7,792 -11.7

 Nondefense search and navigation

 equipment..................................... 752 720 751 4.4 -4.1 5.2 735 617 811 725 1,352 1,398 -3.3

 Defense search and navigation

 equipment..................................... 2,126 2,069 2,049 2.8 1.0 -0.2 2,111 1,757 2,458 1,852 3,868 3,434 12.6

 Electromedical, measuring,

 and control instruments................. 5,596 5,688 5,826 -1.6 -2.4 4.1 5,408 4,709 6,690 5,130 10,117 9,914 2.0

 Electrical equipment, appliances, 

 and components................................... 8,573 8,949 8,952 -4.2 0.0 -1.7 8,130 7,726 9,120 8,555 15,856 16,221 -2.3

 Electric lighting equipment................... 1,072 1,151 1,096 -6.9 5.0 2.1 1,083 984 1,257 1,098 2,067 2,018 2.4

 Household appliances........................ 1,984 2,014 2,138 -1.5 -5.8 -1.0 1,885 1,678 2,207 1,951 3,563 3,658 -2.6

 Electrical equipment............................ 2,464 2,607 2,528 -5.5 3.1 -4.8 2,295 2,176 2,670 2,366 4,471 4,444 0.6

 Batteries........................................... 466 482 467 -3.3 3.2 -5.5 397 386 483 455 783 891 -12.1

 Transportation equipment...................... 52,054 51,580 48,304 0.9 6.8 -5.8 51,432 47,482 45,738 51,156 98,914 98,217 0.7

 Automobiles..................................... 7,847 8,198 7,601 -4.3 7.9 -1.0 7,922 7,991 6,356 7,970 15,913 15,967 -0.3

 Light trucks and utility vehicles............ 10,336 10,619 9,833 -2.7 8.0 1.1 10,273 10,278 8,243 9,878 20,551 19,829 3.6

 Heavy duty trucks ............................. 1,052 1,064 1,034 -1.1 2.9 8.5 991 959 899 929 1,950 1,797 8.5

 Motor vehicle bodies, parts, 

 and trailers.................................... 17,880 18,118 16,043 -1.3 12.9 -11.7 18,098 17,641 13,760 18,149 35,739 34,863 2.5

 Nondefense aircraft and parts.............. 6,044 4,744 5,924 27.4 -19.9 -2.7 5,952 3,591 7,547 7,186 9,543 12,377 -22.9

 Defense aircraft and parts.................. 3,222 3,237 2,553 -0.5 26.8 -20.4 2,804 2,580 3,235 2,434 5,384 4,518 19.2

 Ships and boats................................. 2,210 2,140 2,161 3.3 -1.0 -3.3 2,202 1,633 2,125 1,713 3,835 3,071 24.9

 Furniture and related products................. 5,333 5,613 5,708 -5.0 -1.7 3.8 5,389 5,294 5,435 5,598 10,683 10,942 -2.4

 Miscellaneous durable goods................. 10,472 10,446 10,704 0.2 -2.4 1.3 9,995 9,358 10,883 9,304 19,353 18,056 7.2

 Nondurable goods industries................... 151,233 153,339 151,304 -1.4 1.3 1.2 145,926 143,792 146,382 137,322 289,718 273,348 6.0

 Food products....................................... 37,348 38,024 38,126 -1.8 -0.3 1.0 36,312 36,096 38,449 36,899 72,408 73,044 -0.9

 Grain and oilseed milling..................... 4,004 4,066 4,092 -1.5 -0.6 0.8 4,107 4,017 4,003 4,237 8,124 8,273 -1.8

 Dairy products.................................. 5,172 5,319 5,265 -2.8 1.0 4.4 4,924 5,103 5,243 4,955 10,027 10,213 -1.8

 Meat, poultry, and seafood products... 11,196 11,213 10,906 -0.2 2.8 0.7 10,950 10,571 10,769 11,045 21,521 21,786 -1.2

 Beverage and tobacco products............... 8,457 8,683 8,594 -2.6 1.0 -1.5 7,898 7,812 8,212 8,394 15,710 17,066 -7.9

 Beverages......................................... 5,817 5,909 5,944 -1.6 -0.6 3.3 5,258 5,038 5,562 5,103 10,296 9,847 4.6

 Tobacco............................................ 2,640 2,774 2,650 -4.8 4.7 -10.9 2,640 2,774 2,650 3,291 5,414 7,219 -25.0

 Textile mills........................................... 3,397 3,527 3,333 -3.7 5.8 -7.2 3,315 3,107 3,042 3,433 6,422 6,445 -0.4

 Textile products................................... 3,007 3,065 3,135 -1.9 -2.2 -1.5 2,926 2,567 2,768 2,972 5,493 5,422 1.3

 Apparel................................................ 4,532 4,804 4,796 -5.7 0.2 -1.7 4,662 4,313 3,922 4,881 8,975 9,072 -1.1

 Leather and allied products..................... 720 719 632 0.1 13.8 -13.2 734 612 764 626 1,346 1,150 17.0

 Paper products...................................... 12,774 13,080 13,069 -2.3 0.1 2.9 12,568 12,760 12,712 11,615 25,328 23,655 7.1

 Pulp, paper, and paperboard mills....... 5,432 5,789 5,796 -6.2 -0.1 2.4 5,435 5,701 5,617 5,337 11,136 10,935 1.8

 Paperboard containers........................ 3,714 3,701 3,714 0.4 -0.4 1.1 3,570 3,641 3,469 3,407 7,211 6,932 4.0

 Printing................................................. 7,887 7,973 8,079 -1.1 -1.3 0.5 7,477 7,388 8,268 7,384 14,865 14,788 0.5

 Petroleum and coal products.................. 21,782 21,369 20,273 1.9 5.4 7.9 19,880 19,755 19,249 14,322 39,635 29,228 35.6

 Petroleum refineries.......................... 20,271 19,765 18,710 2.6 5.6 8.4 18,673 18,628 18,094 13,163 37,301 27,069 37.8

 Basic chemicals...................................... 36,398 36,979 36,016 -1.6 2.7 0.0 35,592 35,106 35,438 32,521 70,698 65,425 8.1

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 1,572 1,611 1,732 -2.4 -7.0 3.0 1,496 1,429 1,394 1,512 2,925 2,926 0.0

 Pharmaceuticals and medicines............ 8,859 8,959 8,463 -1.1 5.9 -2.2 8,496 8,869 9,232 8,222 17,365 17,483 -0.7

 Paints, coatings, and adhesives.......... 2,309 2,377 2,429 -2.9 -2.1 1.3 2,198 2,162 2,117 2,272 4,360 4,427 -1.5

 Plastics and rubber products.................. 14,931 15,116 15,251 -1.2 -0.9 0.9 14,562 14,276 13,558 14,275 28,838 28,053 2.8

p Preliminary r

 Revised NA Not available.

1

 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 2 See footnote at end of Table 2.

3 See footnote at end of Table 2.

See note at end of Table 2 relating to survey error and revision.
 4

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly Year to date Percent

Industry Change

Feb Jan Dec Jan - Dec - Nov - Feb Jan Dec Feb 2003/

2003p 2003r 2002 Feb. Jan. Dec. 2003p 2003r 2002 2002 2003p 2002 2002

All manufacturing industries 2................... 321,159 326,043 320,465 -1.5 1.7 0.3 311,995 305,286 316,603 306,135 617,281 596,402 3.5

 Excluding transportation 2

................... 270,209 275,612 271,725 -2.0 1.4 1.0 260,919 256,030 266,951 251,124 516,949 494,504 4.5

 Excluding defense 2

............................. 311,238 318,356 312,516 -2.2 1.9 0.1 302,120 297,308 302,964 296,425 599,428 580,163 3.3

 With unfilled orders 2

.......................... 118,112 119,562 117,271 -1.2 2.0 -0.6 116,360 113,074 122,456 120,123 229,434 227,832 0.7

 Durable goods industries 2........................ 169,926 172,704 169,161 -1.6 2.1 -0.4 166,069 161,494 170,221 168,813 327,563 323,054 1.4

 Primary metals............................ ............ 10,904 11,183 10,885 -2.5 2.7 2.6 11,064 11,516 9,585 11,104 22,580 21,994 2.7

 Iron and steel mills.............................. 5,117 4,976 5,034 2.8 -1.2 2.0 5,269 5,193 4,486 5,197 10,462 10,199 2.6

 Aluminum and nonferrous metals......... 4,457 4,891 4,655 -8.9 5.1 5.3 4,465 4,978 4,079 4,637 9,443 9,156 3.1

 Ferrous metal foundries...................... 1,330 1,316 1,196 1.1 10.0 -4.8 1,330 1,345 1,020 1,270 2,675 2,639 1.4

 Fabricated metal products...................... 20,191 20,595 20,401 -2.0 1.0 -1.1 19,850 19,327 18,303 19,988 39,177 39,077 0.3

 Machinery............................................. 21,840 22,401 21,705 -2.5 3.2 -1.1 21,600 20,603 21,071 21,140 42,203 40,891 3.2

 Construction machinery....................... 1,505 1,600 1,783 -5.9 -10.3 5.4 1,577 1,498 1,764 1,677 3,075 3,206 -4.1

 Mining, oil field, and

 gas field machinery......................... 680 744 642 -8.6 15.9 -6.4 665 679 742 799 1,344 1,557 -13.7

 Industrial machinery............................ 2,804 3,944 3,059 -28.9 28.9 2.1 2,602 4,094 3,167 2,790 6,696 5,631 18.9

 Photographic equipment...................... 1,485 1,393 1,552 6.6 -10.2 2.3 1,330 1,207 1,583 1,181 2,537 2,335 8.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,519 2,416 2,529 4.3 -4.5 1.2 2,348 2,215 2,310 2,384 4,563 4,894 -6.8

 Metalworking machinery....................... 1,991 1,935 1,949 2.9 -0.7 -14.9 1,863 1,532 1,806 1,860 3,395 3,485 -2.6

 Turbines, generators, and other 

 power transmission equipment.......... 2,503 2,265 1,829 10.5 23.8 -2.6 2,526 1,898 1,915 2,164 4,424 4,158 6.4

 Material handling equipment............... 1,389 1,167 1,354 19.0 -13.8 -1.7 1,421 1,128 1,422 1,322 2,549 2,587 -1.5

 Computers and electronic products 2...... 25,945 27,315 26,242 -5.0 4.1 3.8 24,433 24,134 32,857 24,236 48,567 46,846 3.7

 Computers........................................ 3,943 4,721 4,964 -16.5 -4.9 25.8 3,390 3,946 5,582 3,567 7,336 6,823 7.5

 Nondefense communications

 equipment...................................... 5,225 5,956 4,054 -12.3 46.9 -15.0 4,866 5,575 6,210 5,401 10,441 10,250 1.9

 Defense communications equipment... 414 363 329 14.0 10.3 26.1 409 333 351 318 742 603 23.1

 Semiconductors 3................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components........................ 3,722 3,538 4,168 5.2 -15.1 6.1 3,459 3,406 4,157 3,759 6,865 7,776 -11.7

 Nondefense search and navigation

 equipment..................................... 565 818 765 -30.9 6.9 5.1 613 768 809 738 1,381 1,390 -0.6

 Defense search and navigation

 equipment...................................... 2,302 2,272 2,367 1.3 -4.0 15.6 2,431 2,080 3,923 1,521 4,511 2,885 56.4

 Electromedical, measuring,

 and control instruments.................... 5,984 5,769 5,838 3.7 -1.2 6.7 5,928 5,014 6,807 5,223 10,942 10,169 7.6

 Electrical equipment, appliances, 

 and components................................... 8,554 8,724 8,889 -1.9 -1.9 0.1 8,356 7,736 9,004 8,958 16,092 16,480 -2.4

 Electric lighting equipment................... 1,067 1,200 1,047 -11.1 14.6 -0.4 1,078 1,066 1,216 1,091 2,144 2,011 6.6

 Household appliances.......................... 2,018 1,963 2,128 2.8 -7.8 6.7 1,983 1,690 2,260 1,978 3,673 3,652 0.6

 Electrical equipment............................ 2,433 2,493 2,550 -2.4 -2.2 -0.9 2,399 2,138 2,576 2,626 4,537 4,580 -0.9

 Transportation equipment........................ 50,950 50,431 48,740 1.0 3.5 -3.5 51,076 49,256 49,652 55,011 100,332 101,898 -1.5

 Motor vehicle bodies, parts, 

 and trailers..................................... 18,082 18,089 16,074 0.0 12.5 -12.4 18,498 18,068 14,220 18,333 36,566 35,467 3.1

 Nondefense aircraft and parts.............. 3,769 5,166 6,839 -27.0 -24.5 21.3 3,807 4,745 8,319 6,357 8,552 10,291 -16.9

 Defense aircraft and parts................... 2,534 2,368 2,682 7.0 -11.7 -8.2 2,845 2,916 4,691 4,076 5,761 7,548 -23.7

 Ships and boats.................................. 2,066 1,977 1,787 4.5 10.6 2.9 1,737 1,732 2,340 3,384 3,469 4,520 -23.3

 Furniture and related products................. 5,213 5,524 5,616 -5.6 -1.6 1.8 5,235 5,366 5,069 5,518 10,601 10,994 -3.6

 Nondurable goods industries.................. 151,233 153,339 151,304 -1.4 1.3 1.2 145,926 143,792 146,382 137,322 289,718 273,348 6.0

p

 Preliminary r Revised NA Not available.

1 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 2 Aggregate estimates and percent changes exclude semiconductor industry data. Due to the number of large semiconductor manufacturers choosing not to participate in this 

voluntary monthly survey, the Census Bureau cannot currently produce monthly estimates of semiconductor shipments, orders, or inventories. 3 Due to the number of large semiconductor manufacturers choosing not to participate in this voluntary monthly survey, the Census Bureau cannot currently produce monthly 

estimates of semiconductor shipments, orders, or 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. Further details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication,

Current Industrial Reports: M3-1(01), "Manufacturers' Shipments, Inventories, and Orders: 1992-2001."
 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

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2003p 2003r 2002 Feb. Jan. Dec. 2003p 2003r 2002 2002 03/02

All manufacturing industries 1................... 475,135 476,196 477,418 -0.2 -0.3 -0.1 480,120 478,244 472,405 507,348 -5.4

 Excluding transportation 1

................... 229,353 229,310 229,383 0.0 0.0 -0.4 232,238 230,006 225,941 250,036 -7.1

 Excluding defense 1

............................. 330,918 333,193 333,551 -0.7 -0.1 -0.3 333,570 333,472 328,624 363,525 -8.2

 Durable goods industries 1........................ 475,135 476,196 477,418 -0.2 -0.3 -0.1 480,120 478,244 472,405 507,348 -5.4

 Primary metals........................................ 14,696 14,763 14,931 -0.5 -1.1 -1.9 15,085 14,729 14,305 16,948 -11.0

 Iron and steel mills.............................. 7,991 7,981 8,259 0.1 -3.4 -3.6 8,156 7,829 7,790 8,630 -5.5

 Aluminum and nonferrous metals......... 4,472 4,579 4,481 -2.3 2.2 1.2 4,613 4,637 4,350 5,832 -20.9

 Ferrous metal foundries...................... 2,233 2,203 2,191 1.4 0.5 -2.0 2,316 2,263 2,165 2,486 -6.8

 Fabricated metal products...................... 37,088 37,525 37,800 -1.2 -0.7 -1.5 36,940 37,038 36,942 39,635 -6.8

 Machinery.............................................. 44,415 44,576 44,581 -0.4 0.0 -1.2 45,004 44,709 43,614 53,032 -15.1

 Construction machinery....................... 1,938 2,003 2,060 -3.2 -2.8 0.4 2,107 2,101 2,024 2,362 -10.8

 Mining, oil field, and

 gas field machinery......................... 940 1,012 1,019 -7.1 -0.7 -10.7 940 1,012 1,019 1,314 -28.5

 Industrial machinery............................ 9,225 9,718 8,981 -5.1 8.2 1.1 9,363 9,806 8,621 8,876 5.5

 Photographic equipment...................... 1,148 992 1,023 15.7 -3.0 4.9 1,159 996 977 848 36.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,267 4,220 4,330 1.1 -2.5 -1.0 4,268 4,174 4,084 4,671 -8.6

 Metalworking machinery....................... 3,777 3,761 3,832 0.4 -1.9 0.3 3,785 3,685 3,678 3,907 -3.1

 Turbines, generators, and other 

 power transmission equipment.......... 9,140 9,117 9,452 0.3 -3.5 -3.3 9,243 9,217 9,507 16,714 -44.7

 Material handling equipment............... 4,874 4,815 5,019 1.2 -4.1 -1.5 4,928 4,814 5,039 5,230 -5.8

 Computers and electronic products 1...... 108,812 108,496 107,940 0.3 0.5 0.5 110,708 109,632 107,397 114,911 -3.7

 Computers......................................... 7,377 7,546 7,808 -2.2 -3.4 13.7 7,453 7,432 7,703 7,067 5.5

 Nondefense communications

 equipment...................................... 36,344 36,217 35,528 0.4 1.9 -2.2 37,131 36,753 35,197 40,709 -8.8

 Defense communications equipment... 2,615 2,515 2,473 4.0 1.7 1.6 2,615 2,515 2,473 2,559 2.2

 Semiconductors 2

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

 Electronic components.......................... 13,929 14,048 14,343 -0.8 -2.1 0.3 14,110 14,251 14,122 16,300 -13.4

 Nondefense search and navigation

 equipment..................................... 4,056 4,243 4,145 -4.4 2.4 0.3 4,104 4,226 4,075 4,417 -7.1

 Defense search and navigation

 equipment...................................... 30,794 30,618 30,415 0.6 0.7 1.1 31,300 30,980 30,657 31,131 0.5

 Electromedical, measuring,

 and control instruments.................... 13,697 13,309 13,228 2.9 0.6 0.1 13,995 13,475 13,170 12,728 10.0

 Electrical equipment, appliances, 

 and components................................... 14,167 14,186 14,411 -0.1 -1.6 -0.4 14,435 14,209 14,199 15,135 -4.6

 Electric lighting equipment................... 1,635 1,640 1,591 -0.3 3.1 -3.0 1,596 1,601 1,519 1,379 15.7

 Household appliances.......................... 892 858 909 4.0 -5.6 -1.1 1,080 982 970 1,273 -15.2

 Electrical equipment............................ 8,162 8,193 8,307 -0.4 -1.4 0.3 8,257 8,153 8,191 9,073 -9.0

 Transportation equipment........................ 245,782 246,886 248,035 -0.4 -0.5 0.2 247,882 248,238 246,464 257,312 -3.7

 Motor vehicle bodies, parts, 

 and trailers..................................... 12,491 12,289 12,318 1.6 -0.2 0.3 13,070 12,670 12,243 12,797 2.1

 Nondefense aircraft and parts.............. 111,305 113,580 113,158 -2.0 0.4 0.8 110,999 113,144 111,990 121,257 -8.5

 Defense aircraft and parts................... 55,727 56,415 57,284 -1.2 -1.5 0.2 56,676 56,635 56,299 54,313 4.4

 Ships and boats.................................. 20,355 20,499 20,662 -0.7 -0.8 -1.8 20,631 21,096 20,997 22,021 -6.3

 Furniture and related products................. 5,042 5,162 5,251 -2.3 -1.7 -1.7 4,933 5,087 5,015 6,060 -18.6

p

 Preliminary r Revised NA Not available.

1 Aggregate estimates and percent changes exclude semiconductor industry data. Due to the number of large semiconductor manufacturers choosing not to participate in this

voluntary monthly survey, the Census Bureau cannot currently produce monthly estimates of semiconductor shipments, orders, or inventories.

2 Due to the number of large semiconductor manufacturers choosing not to participate in this voluntary monthly survey, the Census Bureau cannot currently produce monthly

estimates of semiconductor shipments, orders, or inventories.

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

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2003p 2003r 2002 Feb. Jan. Dec. 2003p 2003r 2002 2002 03/02

 All manufacturing industries 1.................. 432,963 431,311 430,951 0.4 0.1 0.6 435,337 429,500 421,094 436,483 -0.3

 Excluding transportation 1

................... 359,768 358,358 358,182 0.4 0.0 0.0 362,071 357,053 350,584 362,484 -0.1

 Excluding defense 1

............................. 410,082 408,967 408,284 0.3 0.2 0.5 412,281 407,328 399,043 413,887 -0.4

 With unfilled orders 1

.......................... 214,911 215,316 216,005 -0.2 -0.3 1.2 216,154 214,219 210,494 224,053 -3.5

 Durable goods industries 1........................ 264,677 264,821 265,242 -0.1 -0.2 1.0 266,533 263,555 258,103 273,538 -2.6

 Wood products................................. ...... 9,341 9,232 9,195 1.2 0.4 -1.1 9,573 9,337 9,109 9,621 -0.5

 Nonmetallic mineral products................... 9,116 9,013 8,988 1.1 0.3 0.6 9,305 9,085 8,853 9,073 2.6

 Primary metals............................ ............ 19,091 18,933 18,742 0.8 1.0 0.6 19,097 19,096 19,000 18,643 2.4

 Iron and steel mills.............................. 11,169 11,052 10,966 1.1 0.8 0.7 11,142 11,182 11,232 10,272 8.5

 Aluminum and nonferrous metals......... 6,125 6,088 6,007 0.6 1.3 -0.1 6,135 6,120 6,023 6,592 -6.9

 Ferrous metal foundries...................... 1,797 1,793 1,769 0.2 1.4 2.2 1,820 1,794 1,745 1,779 2.3

 Fabricated metal products...................... 30,731 30,787 30,856 -0.2 -0.2 0.0 30,932 30,728 30,198 31,550 -2.0

 Machinery.............................................. 44,063 44,304 44,729 -0.5 -1.0 0.7 44,727 44,141 43,445 47,110 -5.1

 Farm machinery.................................. 2,116 2,083 2,060 1.6 1.1 -1.2 2,256 2,185 2,121 2,093 7.8

 Construction machinery........................ 3,668 3,661 3,617 0.2 1.2 -5.2 3,784 3,715 3,606 4,203 -10.0

 Mining, oil field, 

 and gas field machinery.................. 2,217 2,227 2,189 -0.4 1.7 -0.6 2,196 2,195 2,091 2,272 -3.3

 Industrial machinery............................ 7,313 7,431 7,646 -1.6 -2.8 0.3 7,423 7,381 7,461 7,961 -6.8

 Photographic equipment...................... 1,957 1,945 1,956 0.6 -0.6 1.2 1,964 1,893 1,826 1,949 0.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,249 4,217 4,241 0.8 -0.6 0.1 4,321 4,128 3,979 4,188 3.2

 Metalworking machinery....................... 5,295 5,271 5,275 0.5 -0.1 0.4 5,276 5,149 4,990 5,511 -4.3

 Turbines, generators, and other

 power transmission equipment.......... 4,611 4,793 4,894 -3.8 -2.1 7.3 4,606 4,647 4,631 5,416 -15.0

 Material handling equipment............... 2,451 2,444 2,463 0.3 -0.8 -2.6 2,501 2,444 2,443 2,678 -6.6

 Computers and electronic products 1...... 41,403 41,759 42,272 -0.9 -1.2 -0.7 41,612 41,157 40,475 45,386 -8.3

 Computers......................................... 3,109 3,139 3,227 -1.0 -2.7 -0.6 3,204 2,995 3,063 3,065 4.5

 Computer storage devices................... 1,126 1,127 1,131 -0.1 -0.4 -5.4 1,208 1,094 991 1,428 -15.4

 Other peripheral equipment................ 2,558 2,616 2,709 -2.2 -3.4 2.0 2,556 2,587 2,456 2,785 -8.2

 Nondefense communications

 equipment..................................... 7,587 7,775 7,947 -2.4 -2.2 -6.0 7,635 7,692 7,558 10,366 -26.3

 Defense communications equipment... 825 825 846 0.0 -2.5 4.4 825 825 846 731 12.9

 Audio and video equipment.................. 1,139 1,168 1,153 -2.5 1.3 -2.7 1,093 1,151 1,042 1,027 6.4

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

 Electronic components.......................... 8,911 8,918 8,927 -0.1 -0.1 -1.8 8,924 8,822 8,644 9,306 -4.1

 Nondefense search and navigation

 equipment..................................... 2,991 2,994 3,095 -0.1 -3.3 0.3 2,992 2,985 3,001 3,046 -1.8

 Defense search and navigation

 equipment...................................... 3,318 3,362 3,287 -1.3 2.3 3.5 3,280 3,264 3,153 3,342 -1.9

 Electromedical, measuring 

 and control instruments.................... 9,440 9,423 9,541 0.2 -1.2 3.0 9,499 9,332 9,325 9,811 -3.2

 Electrical equipment, appliances, 

 and components................................... 12,368 12,438 12,397 -0.6 0.3 -0.8 12,669 12,381 11,916 13,664 -7.3

 Electric lighting equipment................... 1,479 1,484 1,483 -0.3 0.1 0.7 1,492 1,469 1,407 1,511 -1.3

 Household appliances.......................... 2,077 2,089 2,085 -0.6 0.2 -0.7 2,153 2,066 1,911 2,223 -3.1

 Electrical equipment............................ 4,243 4,243 4,153 0.0 2.2 -0.6 4,375 4,314 4,089 4,669 -6.3

 Batteries............................................ 616 623 628 -1.1 -0.8 -4.0 600 573 567 723 -17.0

 Transportation equipment...................... 73,195 72,953 72,769 0.3 0.3 3.8 73,266 72,447 70,510 73,999 -1.0

 Automobiles....................................... 1,853 1,834 1,715 1.0 6.9 -3.2 1,844 1,772 1,546 1,657 11.3

 Light trucks and utility vehicles............ 2,184 2,147 2,077 1.7 3.4 4.7 2,062 2,011 1,835 1,679 22.8

 Heavy duty trucks .............................. 846 824 898 2.7 -8.2 0.0 853 818 848 874 -2.4

 Motor vehicle bodies, parts, 

 and trailers..................................... 16,275 16,220 16,051 0.3 1.1 0.9 16,298 16,266 16,073 15,322 6.4

 Nondefense aircraft and parts.............. 29,653 30,104 29,936 -1.5 0.6 6.3 29,555 29,851 28,787 32,131 -8.0

 Defense aircraft and parts..................... 11,141 10,898 11,151 2.2 -2.3 3.9 11,392 10,817 10,782 10,935 4.2

 Ships and boats.................................. 2,930 2,845 2,934 3.0 -3.0 10.0 2,914 2,820 2,864 2,601 12.0

 Furniture and related products................. 7,000 7,058 7,019 -0.8 0.6 -0.4 6,945 7,029 6,892 6,964 -0.3

 Miscellaneous durable goods.................... 18,369 18,344 18,275 0.1 0.4 1.1 18,407 18,154 17,705 17,528 5.0

 Nondurable goods industries................... 168,286 166,490 165,709 1.1 0.5 0.0 168,804 165,945 162,991 162,945 3.6

 Food products........................................ 32,406 32,156 32,022 0.8 0.4 -0.6 32,551 32,324 32,066 31,489 3.4

 Grain and oilseed milling..................... 3,522 3,519 3,503 0.1 0.5 0.1 3,656 3,761 3,707 3,308 10.5

 Dairy products.................................... 3,490 3,474 3,506 0.5 -0.9 2.2 3,493 3,386 3,245 3,476 0.5

 Meat, poultry, and seafood products...... 6,211 6,212 6,234 0.0 -0.4 -0.4 6,274 6,117 6,069 6,011 4.4

 Beverage and tobacco products............... 14,151 14,148 14,185 0.0 -0.3 0.3 14,403 14,469 14,429 14,553 -1.0

 Beverages......................................... 9,260 9,252 9,293 0.1 -0.4 2.1 9,231 9,282 9,295 9,016 2.4

 Tobacco............................................ 4,891 4,896 4,892 -0.1 0.1 -2.9 5,172 5,187 5,134 5,537 -6.6

 Textile mills........................................... 4,954 4,937 4,909 0.3 0.6 1.0 5,021 4,932 4,749 5,391 -6.9

 Textile products...................................... 4,602 4,586 4,528 0.3 1.3 0.8 4,608 4,562 4,315 4,374 5.3

 Apparel................................................. 7,645 7,592 7,489 0.7 1.4 0.7 7,556 7,553 7,246 7,686 -1.7

 Leather and allied products..................... 1,619 1,612 1,593 0.4 1.2 1.0 1,590 1,592 1,526 1,432 11.0

 Paper products....................................... 14,441 14,547 14,544 -0.7 0.0 0.1 14,622 14,696 14,459 14,847 -1.5

 Pulp, paper, and paperboard mills....... 6,102 6,220 6,195 -1.9 0.4 -0.2 6,224 6,320 6,170 6,716 -7.3

 Paperboard containers........................ 4,179 4,221 4,230 -1.0 -0.2 1.8 4,218 4,270 4,234 4,050 4.1

 Printing.................................................. 5,960 5,945 5,972 0.3 -0.5 0.0 5,763 5,679 5,574 5,681 1.4

 Petroleum and coal products..................... 14,237 14,008 13,598 1.6 3.0 4.4 13,758 13,352 12,613 11,447 20.2

 Petroleum refineries............................. 12,748 12,560 12,160 1.5 3.3 4.9 12,296 11,957 11,306 10,038 22.5

 Basic chemicals...................................... 50,337 49,248 49,367 2.2 -0.2 -1.2 50,659 48,996 48,739 49,197 3.0

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,251 2,297 2,397 -2.0 -4.2 -1.8 2,645 2,563 2,487 2,952 -10.4

 Pharmaceuticals and medicines............ 18,623 17,517 17,573 6.3 -0.3 -3.7 18,397 17,012 17,274 17,064 7.8

 Paints, coatings, and adhesives............. 2,982 2,969 2,942 0.4 0.9 -0.2 3,007 2,954 2,820 2,911 3.3

 Plastics and rubber products..................... 17,934 17,711 17,502 1.3 1.2 -0.2 18,273 17,790 17,275 16,848 8.5

p

 Preliminary r Revised NA Not available. 1 See footnote at end of Table 3.

2 See footnote at end of Table 3.

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

Feb Jan Dec Jan - Dec - Nov - Feb Jan Dec Feb 2003/

2003p 2003r 2002 Feb. Jan. Dec. 2003p 2003r 2002 2002 2003p 2002 2002

SHIPMENTS

 All manufacturing industries 5................. 322,220 327,265 321,016 -1.5 1.9 -0.6 310,119 299,447 313,437 302,013 609,566 591,012 3.1

 Construction materials and supplies...... 35,294 36,194 36,322 -2.5 -0.4 0.6 32,810 32,155 32,281 32,166 64,965 62,898 3.3

 Information technology......................... 25,704 27,045 25,789 -5.0 4.9 -1.4 23,394 22,312 31,103 23,841 45,706 45,607 0.2

 Computers and related products .......... 6,747 7,687 6,423 -12.2 19.7 -3.8 5,570 6,189 8,521 5,646 11,759 10,874 8.1

 Motor vehicle and parts........................ 37,115 37,999 34,511 -2.3 10.1 -5.6 37,284 36,869 29,258 36,926 74,153 72,456 2.3

 Capital goods...................................... 62,578 63,084 61,507 -0.8 2.6 -2.5 58,838 53,449 68,682 58,854 112,287 111,891 0.4

 Nondefense capital goods 3.................. 55,272 55,825 55,229 -1.0 1.1 -1.4 51,958 47,412 61,397 53,112 99,370 100,690 -1.3

 Excluding aircraft............................. 52,416 54,100 52,468 -3.1 3.1 -1.3 49,260 46,186 57,641 49,597 95,446 94,583 0.9

 Defense capital goods 4....................... 7,306 7,259 6,278 0.6 15.6 -10.9 6,880 6,037 7,285 5,742 12,917 11,201 15.3

 Consumer goods.................................. 125,802 128,070 125,482 -1.8 2.1 1.4 121,951 120,174 121,147 116,497 242,125 231,764 4.5

 Consumer durable goods..................... 33,064 34,154 33,177 -3.2 2.9 0.4 32,793 31,673 29,997 32,790 64,466 64,006 0.7

 Consumer nondurable goods............... 92,738 93,916 92,305 -1.3 1.7 1.8 89,158 88,501 91,150 83,707 177,659 167,758 5.9

 All manufacturing industries 5

................. 321,159 326,043 320,465 -1.5 1.7 0.3 311,995 305,286 316,603 306,135 617,281 596,402 3.5

 Construction materials and supplies...... 35,037 35,810 35,977 -2.2 -0.5 0.1 32,803 32,208 31,631 32,539 65,011 63,706 2.0

 Information technology......................... 26,278 27,756 26,323 -5.3 5.4 2.7 24,803 24,391 32,752 24,466 49,194 46,751 5.2

 Computers and related products .......... 6,578 7,425 7,362 -11.4 0.9 10.0 5,591 5,918 9,173 5,964 11,509 11,137 3.3

 Motor vehicle and parts........................ 37,317 37,970 34,542 -1.7 9.9 -5.9 37,684 37,296 29,718 37,110 74,980 73,060 2.6

 Capital goods...................................... 62,023 63,674 62,808 -2.6 1.4 3.8 59,868 57,462 73,233 60,466 117,330 111,730 5.0

 Nondefense capital goods 3.................. 53,393 56,883 55,842 -6.1 1.9 2.4 51,369 50,653 61,332 52,624 102,022 99,313 2.7

 Excluding aircraft............................. 52,287 54,312 51,623 -3.7 5.2 -0.6 50,421 48,581 56,118 50,697 99,002 96,272 2.8

 Defense capital goods 4....................... 8,630 6,791 6,966 27.1 -2.5 17.6 8,499 6,809 11,901 7,842 15,308 12,417 23.3

 Consumer goods.................................. 126,170 128,065 125,359 -1.5 2.2 1.5 122,347 120,400 120,915 116,255 242,747 231,824 4.7

 Consumer durable goods..................... 33,432 34,149 33,054 -2.1 3.3 0.8 33,189 31,899 29,765 32,548 65,088 64,066 1.6

 Consumer nondurable goods.............. 92,738 93,916 92,305 -1.3 1.7 1.8 89,158 88,501 91,150 83,707 177,659 167,758 5.9

 All manufacturing industries 5

................. 475,135 476,196 477,418 -0.2 -0.3 -0.1 480,120 478,244 472,405 507,348 (X) (X) -5.4

 Construction materials and supplies...... 31,394 31,651 32,035 -0.8 -1.2 -1.1 31,070 31,077 31,024 32,551 (X) (X) -4.5

 Information technology......................... 99,509 98,935 98,224 0.6 0.7 0.5 101,259 99,850 97,771 102,869 (X) (X) -1.6

 Computers and related products .......... 7,377 7,546 7,808 -2.2 -3.4 13.7 7,453 7,432 7,703 7,067 (X) (X) 5.5

 Motor vehicle and parts........................ 12,491 12,289 12,318 1.6 -0.2 0.3 13,070 12,670 12,243 12,797 (X) (X) 2.1

 Capital goods...................................... 332,596 333,151 332,561 -0.2 0.2 0.4 336,700 335,670 331,657 355,277 (X) (X) -5.2

 Nondefense capital goods 3..................208,279 210,158 209,100 -0.9 0.5 0.3 210,064 210,653 207,412 229,411 (X) (X) -8.4

 Excluding aircraft............................. 123,968 124,097 123,885 -0.1 0.2 -0.7 125,753 124,592 122,197 138,596 (X) (X) -9.3

 Defense capital goods 4....................... 124,317 122,993 123,461 1.1 -0.4 0.6 126,636 125,017 124,245 125,866 (X) (X) 0.6

 Consumer goods.................................. 12,190 11,822 11,827 3.1 0.0 -1.0 12,374 11,978 11,752 13,217 (X) (X) -6.4

 Consumer durable goods..................... 12,190 11,822 11,827 3.1 0.0 -1.0 12,374 11,978 11,752 13,217 (X) (X) -6.4 

 All manufacturing industries 5................. 432,963 431,311 430,951 0.4 0.1 0.6 435,337 429,500 421,094 436,483 (X) (X) -0.3

 Construction materials and supplies...... 46,055 45,852 45,764 0.4 0.2 0.1 46,706 45,924 44,712 46,193 (X) (X) 1.1

 Information technology......................... 38,402 38,785 39,349 -1.0 -1.4 -0.4 38,701 38,187 37,599 42,567 (X) (X) -9.1

 Computers and related products .......... 6,793 6,882 7,067 -1.3 -2.6 -0.4 6,968 6,676 6,510 7,278 (X) (X) -4.3

 Motor vehicle and parts........................ 21,158 21,025 20,741 0.6 1.4 0.9 21,057 20,867 20,302 19,532 (X) (X) 7.8

 Capital goods...................................... 130,010 130,824 131,846 -0.6 -0.8 1.4 130,884 129,805 127,433 140,730 (X) (X) -7.0

 Nondefense capital goods 3

..................111,064 112,136 112,810 -1.0 -0.6 1.0 111,948 111,217 108,811 121,749 (X) (X) -8.1

 Excluding aircraft............................. 88,511 89,107 90,016 -0.7 -1.0 0.1 89,453 88,362 86,960 95,996 (X) (X) -6.8

 Defense capital goods 4....................... 18,946 18,688 19,036 1.4 -1.8 3.4 18,936 18,588 18,622 18,981 (X) (X) -0.2

 Consumer goods.................................. 129,745 128,176 127,268 1.2 0.7 -0.1 129,553 127,308 124,526 123,970 (X) (X) 4.5

 Consumer durable goods..................... 26,947 26,949 26,715 0.0 0.9 0.1 27,029 26,696 25,474 25,871 (X) (X) 4.5

 Consumer nondurable goods............... 102,798 101,227 100,553 1.6 0.7 -0.2 102,524 100,612 99,052 98,099 (X) (X) 4.5

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 Aggregate estimates and percent changes exclude semiconductor industry data. Due to the number of large semiconductor manufacturers choosing not to participate in 

this voluntary monthly survey, the Census Bureau cannot currently produce monthly estimates of semiconductor shipments, orders, or inventories.

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

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

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

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2003p 2003r 2002 Feb. Jan. Dec. 2003p 2003r 2002 2002 03/02

MATERIALS AND SUPPLIES

 All manufacturing industries 1................. 139,375 139,085 138,406 0.2 0.5 -0.7 139,573 139,635 138,101 143,672 -2.9

 Durable goods industries 1

..................... 82,641 82,866 83,293 -0.3 -0.5 -0.2 82,911 83,277 83,083 87,879 -5.7

 Wood products................................... 3,453 3,436 3,395 0.5 1.2 -1.0 3,545 3,650 3,608 3,774 -6.1

 Nonmetallic mineral products............... 3,229 3,222 3,234 0.2 -0.4 0.4 3,211 3,240 3,234 3,292 -2.5

 Primary metals.................................... 6,381 6,251 6,210 2.1 0.7 0.8 6,264 6,341 6,477 5,931 5.6

 Fabricated metal products..................... 10,644 10,670 10,706 -0.2 -0.3 -0.5 10,626 10,692 10,717 10,752 -1.2

 Machinery.......................................... 14,174 14,386 14,626 -1.5 -1.6 0.0 14,253 14,473 14,365 16,199 -12.0

 Computers and electronic products 1

... 14,825 14,909 15,085 -0.6 -1.2 -2.0 14,868 14,755 14,803 17,102 -13.1

 Electrical equipment, appliances,

 and components.............................. 4,415 4,460 4,402 -1.0 1.3 -0.9 4,486 4,462 4,351 4,890 -8.3

 Transportation equipment.................. 16,437 16,348 16,404 0.5 -0.3 0.5 16,623 16,518 16,434 16,925 -1.8

 Furniture and related products............ 2,910 2,972 2,989 -2.1 -0.6 1.4 2,911 2,971 2,982 3,044 -4.4

 Miscellaneous products........................ 6,173 6,212 6,242 -0.6 -0.5 1.1 6,124 6,175 6,112 5,970 2.6

 Nondurable goods industries.................... 56,734 56,219 55,113 0.9 2.0 -1.4 56,662 56,358 55,018 55,793 1.6

 Food products.................................... 10,068 10,009 9,995 0.6 0.1 0.3 10,091 10,169 10,018 10,151 -0.6

 Beverage and tobacco products............ 5,680 5,727 5,876 -0.8 -2.5 -2.9 5,804 5,990 6,116 6,019 -3.6

 Textiles.............................................. 1,371 1,383 1,402 -0.9 -1.4 -2.0 1,375 1,383 1,398 1,487 -7.5

 Textile products.................................. 1,535 1,537 1,504 -0.1 2.2 0.2 1,523 1,515 1,451 1,474 3.3

 Apparel............................................. 1,696 1,701 1,681 -0.3 1.2 -1.9 1,677 1,679 1,680 1,765 -5.0

 Leather and allied products................... 346 345 356 0.3 -3.1 -2.5 336 337 348 335 0.3

 Paper products................................... 7,110 7,102 7,113 0.1 -0.2 1.0 7,177 7,177 7,155 7,200 -0.3

 Printing ............................................. 2,399 2,405 2,388 -0.2 0.7 -4.3 2,345 2,378 2,315 2,408 -2.6

 Petroleum and coal products............... 3,717 3,674 3,014 1.2 21.9 -4.4 3,577 3,456 2,819 2,984 19.9

 Basic chemicals................................... 15,801 15,435 14,983 2.4 3.0 -2.5 15,741 15,417 14,938 15,325 2.7

 Plastics and rubber products............... 7,011 6,901 6,801 1.6 1.5 -0.5 7,016 6,857 6,780 6,645 5.6

WORK IN PROCESS

 All manufacturing industries 1................. 129,721 129,210 128,866 0.4 0.3 1.9 129,975 127,964 124,461 131,795 -1.4

 Durable goods industries 1

..................... 100,312 100,171 100,037 0.1 0.1 2.9 100,597 99,067 96,420 104,206 -3.5

 Wood products................................... 2,008 2,025 2,077 -0.8 -2.5 0.0 2,026 2,006 2,028 2,002 1.2

 Nonmetallic mineral products............... 1,167 1,153 1,161 1.2 -0.7 1.0 1,205 1,147 1,110 1,158 4.1

 Primary metals.................................... 6,453 6,418 6,244 0.5 2.8 -0.7 6,433 6,411 6,253 6,386 0.7

 Fabricated metal products..................... 9,738 9,745 9,848 -0.1 -1.0 0.4 9,707 9,600 9,554 9,999 -2.9

 Machinery.......................................... 13,824 13,928 14,104 -0.7 -1.2 1.1 13,764 13,451 13,407 14,645 -6.0

 Computers and electronic products 1... 17,218 17,499 17,656 -1.6 -0.9 0.6 17,280 17,176 16,670 18,096 -4.5

 Electrical equipment, appliances,

 and components.............................. 2,807 2,828 2,821 -0.7 0.2 2.3 2,832 2,798 2,676 3,036 -6.7

 Transportation equipment.................. 42,337 41,926 41,684 1.0 0.6 6.3 42,616 41,918 40,457 44,351 -3.9

 Furniture and related products............ 1,394 1,404 1,356 -0.7 3.5 -5.5 1,395 1,403 1,353 1,481 -5.8

 Miscellaneous products........................ 3,366 3,245 3,086 3.7 5.2 2.9 3,339 3,157 2,912 3,052 9.4

 Nondurable goods industries.................... 29,409 29,039 28,829 1.3 0.7 -1.2 29,378 28,897 28,041 27,589 6.5

 Food products.................................... 2,864 2,835 2,800 1.0 1.3 0.6 2,955 2,968 3,007 2,662 11.0

 Beverage and tobacco products............ 3,942 3,957 3,979 -0.4 -0.6 1.5 4,054 4,130 4,151 4,000 1.4

 Textiles.............................................. 1,153 1,161 1,149 -0.7 1.0 2.8 1,180 1,178 1,115 1,315 -10.3

 Textile products.................................. 765 768 752 -0.4 2.1 -2.8 763 759 706 818 -6.7

 Apparel............................................. 1,320 1,346 1,373 -1.9 -2.0 1.6 1,305 1,353 1,269 1,426 -8.5

 Leather and allied products................... 131 127 138 3.1 -8.0 -2.1 127 125 133 163 -22.1

 Paper products................................... 1,122 1,138 1,161 -1.4 -2.0 -2.3 1,143 1,166 1,176 1,253 -8.8

 Printing ............................................. 1,812 1,756 1,758 3.2 -0.1 -7.1 1,712 1,645 1,468 1,674 2.3

 Petroleum and coal products............... 4,191 4,140 4,102 1.2 0.9 8.4 4,072 3,962 3,742 3,017 35.0

 Basic chemicals................................... 9,748 9,489 9,313 2.7 1.9 -6.1 9,652 9,258 9,032 8,975 7.5

 Plastics and rubber products............... 2,361 2,322 2,304 1.7 0.8 -0.7 2,415 2,353 2,242 2,286 5.6

FINISHED GOODS

 All manufacturing industries 1................. 163,867 163,016 163,679 0.5 -0.4 0.8 165,789 161,901 158,532 161,016 3.0

 Durable goods industries 1

..................... 81,724 81,784 81,912 -0.1 -0.2 0.2 83,025 81,211 78,600 81,453 1.9

 Wood products................................... 3,880 3,771 3,723 2.9 1.3 -1.7 4,002 3,681 3,473 3,845 4.1

 Nonmetallic mineral products............... 4,720 4,638 4,593 1.8 1.0 0.6 4,889 4,698 4,509 4,623 5.8

 Primary metals.................................... 6,257 6,264 6,288 -0.1 -0.4 1.6 6,400 6,344 6,270 6,326 1.2

 Fabricated metal products..................... 10,349 10,372 10,302 -0.2 0.7 0.1 10,599 10,436 9,927 10,799 -1.9

 Machinery.......................................... 16,065 15,990 15,999 0.5 -0.1 0.9 16,710 16,217 15,673 16,266 2.7

 Computers and electronic products 1

... 9,360 9,351 9,531 0.1 -1.9 -0.8 9,464 9,226 9,002 10,188 -7.1

 Electrical equipment, appliances,

 and components.............................. 5,146 5,150 5,174 -0.1 -0.5 -2.4 5,351 5,121 4,889 5,738 -6.7

 Transportation equipment.................. 14,421 14,679 14,681 -1.8 0.0 0.6 14,027 14,011 13,619 12,723 10.2

 Furniture and related products............ 2,696 2,682 2,674 0.5 0.3 0.3 2,639 2,655 2,557 2,439 8.2

 Miscellaneous products........................ 8,830 8,887 8,947 -0.6 -0.7 0.5 8,944 8,822 8,681 8,506 5.1

 Nondurable goods industries.................... 82,143 81,232 81,767 1.1 -0.7 1.4 82,764 80,690 79,932 79,563 4.0

 Food products.................................... 19,474 19,312 19,227 0.8 0.4 -1.3 19,505 19,187 19,041 18,676 4.4

 Beverage and tobacco products............ 4,529 4,464 4,330 1.5 3.1 3.8 4,545 4,349 4,162 4,534 0.2

 Textiles.............................................. 2,430 2,393 2,358 1.5 1.5 2.1 2,466 2,371 2,236 2,589 -4.8

 Textile products.................................. 2,302 2,281 2,272 0.9 0.4 2.4 2,322 2,288 2,158 2,082 11.5

 Apparel............................................. 4,629 4,545 4,435 1.8 2.5 1.5 4,574 4,521 4,297 4,495 1.8

 Leather and allied products................... 1,142 1,140 1,099 0.2 3.7 2.6 1,127 1,130 1,045 934 20.7

 Paper products................................... 6,209 6,307 6,270 -1.6 0.6 -0.5 6,302 6,353 6,128 6,394 -1.4

 Printing ............................................. 1,749 1,784 1,826 -2.0 -2.3 15.4 1,706 1,656 1,791 1,599 6.7

 Petroleum and coal products............... 6,329 6,194 6,482 2.2 -4.4 6.5 6,109 5,934 6,052 5,446 12.2

 Basic chemicals................................... 24,788 24,324 25,071 1.9 -3.0 1.7 25,266 24,321 24,769 24,897 1.5

 Plastics and rubber products............... 8,562 8,488 8,397 0.9 1.1 0.1 8,842 8,580 8,253 7,917 11.7

p

 Preliminary r Revised 1 See footnote at end of Table 3.

See note at end of Table 2 relating to survey error and revisions.
 9

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 ratio 1

Industry Feb Jan Dec Nov Feb Jan Dec Nov

2003p 2003r 2002 2002 2003p 2003r 2002 2002

 All manufacturing industries 2

...... 1.34 1.32 1.34 1.33 (X) (X) (X) (X)

Durable goods industries 2................... 1.55 1.52 1.56 1.51 3.99 3.94 4.05 3.94

 Wood products................................ 1.31 1.27 1.24 1.24 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.11 1.04 1.05 1.06 (X) (X) (X) (X)

 Primary metals................................. 1.74 1.67 1.68 1.67 1.34 1.30 1.34 1.36

 Fabricated metal products............... 1.49 1.48 1.47 1.47 1.89 1.89 1.89 1.92

 Machinery....................................... 2.00 1.98 2.01 1.96 2.23 2.19 2.22 2.19

 Computers and electronic products 2

.. 1.62 1.56 1.65 1.63 4.98 4.74 4.92 4.89

 Electrical equipment, appliances,

 and components............................. 1.44 1.39 1.38 1.37 1.75 1.68 1.70 1.68

 Transportation equipment................. 1.41 1.41 1.51 1.37 7.49 7.79 8.31 7.52

 Furniture and related products........... 1.31 1.26 1.23 1.28 1.08 1.05 1.04 1.10

 Miscellaneous products.................... 1.75 1.76 1.71 1.71 (X) (X) (X) (X)

Nondurable goods industries.............. 1.11 1.09 1.10 1.11 (X) (X) (X) (X)

 Food products................................... 0.87 0.85 0.84 0.85 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.67 1.63 1.65 1.62 (X) (X) (X) (X)

 Textiles.......................................... 1.46 1.40 1.47 1.35 (X) (X) (X) (X)

 Textile products............................... 1.53 1.50 1.44 1.41 (X) (X) (X) (X)

 Apparel.......................................... 1.69 1.58 1.56 1.52 (X) (X) (X) (X)

 Leather and allied products............... 2.25 2.24 2.52 2.17 (X) (X) (X) (X)

 Paper products................................ 1.13 1.11 1.11 1.14 (X) (X) (X) (X)

 Printing.......................................... 0.76 0.75 0.74 0.74 (X) (X) (X) (X)

 Petroleum and coal products............ 0.65 0.66 0.67 0.69 (X) (X) (X) (X)

 Basic chemicals............................... 1.38 1.33 1.37 1.39 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.20 1.17 1.15 1.16 (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 See footnote at end of Table 2.

Feb Feb Feb Feb

Industry Feb2 2002- Feb2 2002- Feb2 2002- Feb2 2002-

Feb1 1998- Jan Feb1 1998- Jan Feb1 1998- Jan Feb1 1998- Jan

2003 2002 2003 2003 2002 2003 2003 2002 2003 2003 2002 2003

 All manufacturing industries 3

......... (X) (NA) 0.1 (X) (NA) 0.2 (X) (NA) 0.2 (X) (NA) 0.1

Durable goods industries 3...................... -0.1 (NA) 0.2 -0.4 (NA) 0.5 0.1 (NA) 0.2 0.0 (NA) 0.1

 Wood products................................... (X) (NA) 0.8 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.5

 Nonmetallic mineral products.............. (X) (NA) 1.2 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.4

 Primary metals.................................... -0.2 (NA) 0.4 -0.2 (NA) 0.8 0.0 (NA) 0.4 -0.2 (NA) 0.1

 Fabricated metal products................... 0.0 (NA) 0.2 0.1 (NA) 0.8 0.0 (NA) 0.4 0.0 (NA) 0.2

 Machinery.......................................... -0.4 (NA) 0.3 0.0 (NA) 1.1 0.1 (NA) 0.4 0.0 (NA) 0.2

 Computers and electronic products 3

... 0.4 (NA) 0.6 -2.1 (NA) 1.1 0.0 (NA) 0.2 0.0 (NA) 0.2

 Electrical equipment, appliances,

 and components............................. -0.3 (NA) 0.3 0.0 (NA) 0.9 0.3 (NA) 0.6 0.4 (NA) 0.1

 Transportation equipment................... -0.2 (NA) 0.7 0.1 (NA) 1.5 0.1 (NA) 0.3 -0.1 (NA) 0.3

 Furniture and related products............. (X) (NA) 0.3 (X) (NA) 0.9 (X) (NA) 0.8 (X) (NA) 0.1

 Miscellaneous products...................... (X) (NA) 0.6 (X) (NA) 1.3 (X) (NA) 2.1 (X) (NA) 0.3

Nondurable goods industries.................. (X) (NA) 0.4 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

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

 Beverage and tobacco products............ (X) (NA) 1.1 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Textiles............................................. (X) (NA) 1.2 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.4

 Textile products.................................. (X) (NA) 1.1 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

 Apparel.............................................. (X) (NA) 1.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.5

 Leather and allied products.................. (X) (NA) 4.8 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 1.0

 Paper products.................................... (X) (NA) 1.1 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

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

 Petroleum and coal products................ (X) (NA) 1.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.7

 Basic chemicals.................................. (X) (NA) 1.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

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

X Not Applicable NA Not Available

1

 The current month revisions are the difference between the advance percent change and the percent change as shown in this publication. 2

 Average revisions of the current month for the past five years. 3

 See footnote at end of Table 7

See note at end of Table 2 relating to survey error and revision. In Table 8, the second column for each item represents the average revisions

of the current month for the past five years.

NOTE: The five year and 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.

[Based on Seasonally Adjusted data]

Table 8. Revisions to Previously Published Monthly Percent Changes

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.