FOR IMMEDIATE RELEASE 

WEDNESDAY, MARCH 5, 2008, AT 10:00 A.M. EST 

Chris Savage or Jessica Young 

Manufacturing and Construction Division 

(301) 763-4832 

M3-2 (08)-01 

CB08-041 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

January 2008 

Summary 

 New orders for manufactured goods in January, down 

following four consecutive monthly increases, decreased 

$10.8 billion or 2.5 percent to $429.2 billion, the U.S. 

Census Bureau reported today. This followed a 2.0 percent December increase. 

 Shipments, up four of the last five months, increased 

$4.7 billion or 1.1 percent to $431.8 billion. This was at 

the highest level since the series was first stated on a 

NAICS basis in 1992 and followed a 0.4 percent 

December decrease. 

 Unfilled orders, up thirty-two of the last thirty-three 

months, increased $5.3 billion or 0.7 percent to $813.3 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed 

a 2.5 percent December increase. The unfilled orders-toshipments ratio was 5.38, down from 5.44 in December. 

 Inventories, up eleven of the last twelve months, 

increased $6.7 billion or 1.3 percent to $535.4 billion. 

This was also at the highest level since the series was 

first stated on a NAICS basis in 1992 and followed a 0.9 

percent December increase. The inventories-toshipments ratio was unchanged at 1.24. 

New Orders 

 New orders for manufactured durable goods in 

January, down following two consecutive monthly 

increases, decreased $11.5 billion or 5.1 percent to 

$213.2 billion, revised from the previously published 5.3 

percent decrease. This followed a 4.4 percent December 

increase. 

 Transportation equipment, down following three 

consecutive monthly increases, had the largest decrease, 

$9.2 billion or 13.0 percent to $61.4 billion. 

 New orders for manufactured nondurable goods 

increased $0.7 billion or 0.3 percent to $216.1 billion. 

Shipments 

 Shipments of manufactured durable goods in January, 

up following two consecutive monthly decreases, 

increased $4.0 billion or 1.9 percent to $215.7 billion, revised from the previously published 1.8 percent 

increase. This followed a 0.3 percent December 

decrease. 

 

 Computers and electronic products, up three of the last 

four months, had the largest increase, $2.1 billion or 6.2 

percent to $36.0 billion. 

 

 Shipments of manufactured nondurable goods, up four 

of the last five months, increased $0.7 billion or 0.3 

percent to $216.1 billion. This followed a 0.4 percent 

December decrease. This increase was led by food 

products, which increased $0.4 billion or 0.8 percent to 

$49.7 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

January, up thirty-two of the last thirty-three months, 

increased $5.3 billion or 0.7 percent to $813.3 billion, revised from the previously published 0.6 percent 

increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and 

followed a 2.5 percent December increase. 

 

 Transportation equipment, up twenty-seven of the last 

twenty-eight months, had the largest increase, $4.1 

billion or 0.9 percent to $478.3 billion. 

Inventories 

 Inventories of manufactured durable goods in January, 

up six of the last seven months, increased $1.8 billion or 0.6 percent to $322.1 billion, unchanged from the 

previously published increase. This was also at the 

highest level since the series was first stated on a NAICS 

basis in 1992 and followed a 1.1 percent December 

increase. 

 

 Transportation equipment, up twelve of the last 

thirteen months, had the largest increase, $1.1 billion or 

1.3 percent to $83.1 billion. 

 Inventories of manufactured nondurable goods, up four 

of the last five months, increased $4.9 billion or 2.3 

percent to $213.3 billion. This was both the largest 

monthly percent increase and highest level since the 

series was first stated on a NAICS basis in 1992 and 

followed a 0.6 percent December increase. Petroleum 

and coal products led the increase, up $2.9 billion or 7.7 percent to $40.4 billion. 

 By stage of fabrication, January materials and supplies 

increased 0.5 percent in durable goods and 3.3 percent in 

nondurable goods. Work in process increased 1.4 

percent in durable goods and 5.3 percent in nondurable 

goods. Finished goods decreased 0.3 percent in durable 

goods and increased 0.5 percent in nondurable goods. 

Figures in text are in seasonally adjusted current dollars. Figures on new and unfilled orders exclude data for semiconductor manufacturing. For data, call (301) 763-4673 or go to <http://www.census.gov/m3>. The advance report on durable goods for February is scheduled for release on March 26, 2008, at 8:30 a.m. EDT and the full 

report on April 2, 2008, at 10:00 a.m. EDT. See back page for survey description and 2008 release dates. 
 2 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2008/

2008p 2007r 2007 Jan. Dec. Nov. 2008p 2007r 2007 2007 2008p 2007 2007

 All manufacturing industries .................. 431,799 427,095 428,709 1.1 -0.4 1.3 398,330 414,514 421,566 372,057 398,330 372,057 7.1

 Excluding transportation ................... 374,405 371,463 372,088 0.8 -0.2 1.6 348,859 360,588 364,711 322,542 348,859 322,542 8.2

 Excluding defense .............................. 421,060 417,353 418,707 0.9 -0.3 1.3 389,335 403,467 411,298 364,105 389,335 364,105 6.9

 With unfilled orders ........................... 151,250 148,611 148,637 1.8 0.0 -0.4 135,376 147,622 144,388 129,779 135,376 129,779 4.3

 Durable goods industries ........................215,730 211,747 212,462 1.9 -0.3 -0.4 194,219 207,827 207,899 188,717 194,219 188,717 2.9

 Wood products................................. ...... 7,556 7,661 7,730 -1.4 -0.9 -0.6 6,446 6,870 7,259 6,727 6,446 6,727 -4.2

 Nonmetallic mineral products................... 8,804 8,883 9,286 -0.9 -4.3 -1.4 7,829 7,588 9,098 8,714 7,829 8,714 -10.2

 Primary metals............................ .......... 20,589 20,410 20,281 0.9 0.6 -0.7 20,387 17,527 19,058 19,552 20,387 19,552 4.3

 Iron and steel mills............................ 9,826 9,797 9,550 0.3 2.6 0.9 9,813 8,668 8,919 9,283 9,813 9,283 5.7

 Aluminum and nonferrous metals......... 9,156 8,997 9,121 1.8 -1.4 -3.0 9,021 7,501 8,621 8,734 9,021 8,734 3.3

 Ferrous metal foundries...................... 1,607 1,616 1,610 -0.6 0.4 3.7 1,553 1,358 1,518 1,535 1,553 1,535 1.2

 Fabricated metal products...................... 25,961 25,579 26,038 1.5 -1.8 -0.4 24,188 23,181 24,895 24,049 24,188 24,049 0.6

 Machinery............................................. 28,488 29,063 28,197 -2.0 3.1 0.8 25,991 28,520 26,030 23,303 25,991 23,303 11.5

 Farm machinery................................. 2,131 2,106 2,071 1.2 1.7 -1.8 1,841 1,782 1,600 1,553 1,841 1,553 18.5

 Construction machinery..................... 2,280 2,326 2,365 -2.0 -1.6 -0.1 2,032 2,261 2,078 1,805 2,032 1,805 12.6

 Mining, oil field, and 

 gas field machinery........................ 1,367 1,339 1,366 2.1 -2.0 -0.8 1,278 1,471 1,280 1,110 1,278 1,110 15.1

 Industrial machinery.......................... 3,462 3,183 3,124 8.8 1.9 -4.9 3,252 3,622 2,582 2,321 3,252 2,321 40.1

 Photographic equipment...................... 573 564 545 1.6 3.5 1.5 479 640 608 518 479 518 -7.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,054 3,850 3,982 5.3 -3.3 0.6 3,399 3,687 3,847 3,135 3,399 3,135 8.4

 Metalworking machinery..................... 2,510 2,446 2,435 2.6 0.5 2.4 2,374 2,483 2,290 2,188 2,374 2,188 8.5

 Turbines, generators, and other

 power transmission equipment....... 3,317 4,327 3,645 -23.3 18.7 11.0 3,171 4,072 3,506 2,737 3,171 2,737 15.9

 Material handling equipment............... 2,310 2,348 2,340 -1.6 0.3 3.3 2,129 2,292 2,215 2,026 2,129 2,026 5.1

 Computers and electronic products ......... 36,022 33,921 33,655 6.2 0.8 -0.1 31,661 39,279 33,896 28,971 31,661 28,971 9.3

 Computers........................................ 3,701 3,692 3,589 0.2 2.9 0.5 3,183 4,263 3,412 2,886 3,183 2,886 10.3

 Computer storage devices................... 651 596 625 9.2 -4.6 1.8 398 1,114 514 334 398 334 19.2

 Other peripheral equipment................ 1,463 1,534 1,403 -4.6 9.3 -5.4 1,032 2,213 1,421 1,027 1,032 1,027 0.5

 Nondefense communications

 equipment.................................... 4,846 5,074 4,879 -4.5 4.0 3.4 3,695 6,602 4,792 3,718 3,695 3,718 -0.6

 Defense communications equipment... 530 497 564 6.6 -11.9 12.6 488 504 560 420 488 420 16.2

 Audio and video equipment.................. 808 845 903 -4.4 -6.4 5.0 732 1,060 1,175 874 732 874 -16.2

 Semiconductors ................................. 7,843 6,433 6,507 21.9 -1.1 -0.7 8,373 5,739 7,026 7,593 8,373 7,593 10.3

 Electronic components....................... 4,240 4,131 4,016 2.6 2.9 -0.9 3,708 4,619 4,080 3,618 3,708 3,618 2.5

 Nondefense search and navigation

 equipment..................................... 1,186 1,046 1,129 13.4 -7.4 3.9 1,032 1,074 1,097 806 1,032 806 28.0

 Defense search and navigation

 equipment..................................... 2,701 2,613 2,463 3.4 6.1 0.7 2,264 2,849 2,500 2,059 2,264 2,059 10.0

 Electromedical, measuring,

 and control instruments................. 7,557 6,840 7,024 10.5 -2.6 -3.3 6,303 8,569 6,653 5,095 6,303 5,095 23.7

 Electrical equipment, appliances, 

 and components................................... 11,078 10,765 10,767 2.9 0.0 -1.2 9,834 10,342 10,547 9,475 9,834 9,475 3.8

 Electric lighting equipment................... 1,125 1,157 1,164 -2.8 -0.6 -0.3 973 1,203 1,101 1,054 973 1,054 -7.7

 Household appliances........................ 2,268 2,030 2,173 11.7 -6.6 -3.7 1,772 2,150 2,210 1,682 1,772 1,682 5.4

 Electrical equipment............................ 3,562 3,477 3,512 2.4 -1.0 1.0 3,318 3,256 3,304 3,113 3,318 3,113 6.6

 Batteries........................................... 807 813 682 -0.7 19.2 -4.2 739 806 862 737 739 737 0.3

 Transportation equipment...................... 57,394 55,632 56,621 3.2 -1.7 -0.4 49,471 53,926 56,855 49,515 49,471 49,515 -0.1

 Automobiles..................................... 7,261 7,110 7,330 2.1 -3.0 1.4 6,949 6,217 7,260 6,752 6,949 6,752 2.9

 Light trucks and utility vehicles............ 10,797 10,854 11,125 -0.5 -2.4 -0.4 9,323 10,089 11,054 8,959 9,323 8,959 4.1

 Heavy duty trucks ............................. 1,397 1,351 1,333 3.4 1.4 6.5 1,353 1,203 1,303 2,114 1,353 2,114 -36.0

 Motor vehicle bodies, parts, 

 and trailers.................................... 17,312 17,632 17,921 -1.8 -1.6 -0.7 16,124 14,876 17,667 17,847 16,124 17,847 -9.7

 Nondefense aircraft and parts.............. 10,284 9,205 9,167 11.7 0.4 -2.3 7,346 10,730 9,586 6,196 7,346 6,196 18.6

 Defense aircraft and parts.................. 3,623 3,266 3,442 10.9 -5.1 -3.2 2,911 4,011 3,610 2,663 2,911 2,663 9.3

 Ships and boats................................. 2,181 2,078 2,037 5.0 2.0 -1.1 1,842 2,122 2,030 1,687 1,842 1,687 9.2

 Furniture and related products................. 6,536 6,698 6,819 -2.4 -1.8 -1.5 6,188 6,503 6,753 6,648 6,188 6,648 -6.9

 Miscellaneous durable goods................. 13,302 13,135 13,068 1.3 0.5 -0.4 12,224 14,091 13,508 11,763 12,224 11,763 3.9

 Nondurable goods industries................... 216,069 215,348 216,247 0.3 -0.4 3.0 204,111 206,687 213,667 183,340 204,111 183,340 11.3

 Food products....................................... 49,665 49,290 48,742 0.8 1.1 0.2 48,056 49,319 50,497 44,048 48,056 44,048 9.1

 Grain and oilseed milling..................... 5,800 5,801 5,483 0.0 5.8 -0.1 5,704 5,525 5,882 4,772 5,704 4,772 19.5

 Dairy products.................................. 7,501 7,404 7,492 1.3 -1.2 0.2 7,401 7,411 7,729 6,258 7,401 6,258 18.3

 Meat, poultry, and seafood products... 14,534 14,505 14,292 0.2 1.5 -0.1 13,919 14,335 14,603 13,147 13,919 13,147 5.9

 Beverage and tobacco products............... 11,328 11,216 11,517 1.0 -2.6 -3.0 10,301 10,810 11,576 9,756 10,301 9,756 5.6

 Beverages......................................... 7,810 7,725 7,800 1.1 -1.0 -0.1 6,783 7,319 7,859 6,213 6,783 6,213 9.2

 Tobacco............................................ 3,518 3,491 3,717 0.8 -6.1 -8.5 3,518 3,491 3,717 3,543 3,518 3,543 -0.7

 Textile mills........................................... 2,867 2,895 2,874 -1.0 0.7 -1.2 2,668 2,584 2,810 2,831 2,668 2,831 -5.8

 Textile products................................... 2,632 2,654 2,690 -0.8 -1.3 -1.6 2,344 2,344 2,638 2,600 2,344 2,600 -9.8

 Apparel................................................ 2,892 2,840 2,828 1.8 0.4 2.7 2,519 2,528 3,104 2,311 2,519 2,311 9.0

 Leather and allied products..................... 533 538 537 -0.9 0.2 -4.8 447 530 526 473 447 473 -5.5

 Paper products...................................... 14,287 14,041 14,176 1.8 -1.0 0.9 14,196 13,640 13,831 13,790 14,196 13,790 2.9

 Pulp, paper, and paperboard mills....... 6,927 6,899 6,797 0.4 1.5 2.8 6,927 6,646 6,499 6,472 6,927 6,472 7.0

 Paperboard containers........................ 3,998 3,847 3,979 3.9 -3.3 -1.0 3,965 3,692 3,955 3,965 3,965 3,965 0.0

 Printing................................................. 8,381 8,474 8,609 -1.1 -1.6 0.3 7,856 8,571 9,000 8,084 7,856 8,084 -2.8

 Petroleum and coal products.................. 51,580 51,850 53,188 -0.5 -2.5 14.5 46,789 49,418 51,058 33,995 46,789 33,995 37.6

 Petroleum refineries.......................... 48,958 49,360 50,611 -0.8 -2.5 15.6 44,616 47,436 48,646 31,756 44,616 31,756 40.5

 Chemical products.................................. 54,625 54,464 53,668 0.3 1.5 -0.6 52,472 51,822 51,853 49,321 52,472 49,321 6.4

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 3,078 3,050 3,159 0.9 -3.5 2.1 2,698 2,456 2,336 2,087 2,698 2,087 29.3

 Pharmaceuticals and medicines............ 13,284 14,023 13,126 -5.3 6.8 -3.3 13,194 13,773 13,225 14,383 13,194 14,383 -8.3

 Paints, coatings, and adhesives.......... 3,021 3,032 3,012 -0.4 0.7 -2.7 2,647 2,511 2,686 2,576 2,647 2,576 2.8

 Plastics and rubber products.................. 17,279 17,086 17,418 1.1 -1.9 0.2 16,463 15,121 16,774 16,131 16,463 16,131 2.1

p Preliminary r

 Revised NA Not available.

1

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

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

Year to date
 3

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2008/

2008p 2007r 2007 Jan. Dec. Nov. 2008p 2007r 2007 2007 2008p 2007 2007

All manufacturing industries 2................... 429,224 440,035 431,489 -2.5 2.0 1.7 404,178 441,955 422,727 377,125 404,178 377,125 7.2

 Excluding transportation 2

................... 367,775 369,377 367,334 -0.4 0.6 1.5 347,467 359,288 358,378 322,554 347,467 322,554 7.7

 Excluding defense 2

............................. 418,296 426,926 423,655 -2.0 0.8 2.4 393,192 421,970 414,824 366,851 393,192 366,851 7.2

 With unfilled orders 2.......................... 156,518 167,984 157,924 -6.8 6.4 0.7 149,597 180,802 152,575 142,440 149,597 142,440 5.0

 Durable goods industries 2..................... 213,155 224,687 215,242 -5.1 4.4 0.5 200,067 235,268 209,060 193,785 200,067 193,785 3.2

 Primary metals............................ ............ 20,941 20,794 20,860 0.7 -0.3 1.0 21,612 18,602 19,763 20,501 21,612 20,501 5.4

 Iron and steel mills.............................. 10,370 10,084 9,973 2.8 1.1 2.4 10,884 9,227 9,617 9,934 10,884 9,934 9.6

 Aluminum and nonferrous metals......... 9,005 9,130 9,296 -1.4 -1.8 -0.2 9,122 8,030 8,621 8,890 9,122 8,890 2.6

 Ferrous metal foundries...................... 1,566 1,580 1,591 -0.9 -0.7 -0.1 1,606 1,345 1,525 1,677 1,606 1,677 -4.2

 Fabricated metal products...................... 25,924 26,896 26,608 -3.6 1.1 -0.5 24,864 24,167 24,732 25,341 24,864 25,341 -1.9

 Machinery............................................. 30,584 31,176 28,926 -1.9 7.8 -1.4 30,398 30,592 26,875 26,211 30,398 26,211 16.0

 Construction machinery....................... 2,491 2,159 1,954 15.4 10.5 30.1 2,705 2,435 1,947 2,145 2,705 2,145 26.1

 Mining, oil field, and

 gas field machinery........................ 1,543 1,596 1,420 -3.3 12.4 -6.6 1,395 1,704 1,330 975 1,395 975 43.1

 Industrial machinery............................ 3,735 3,592 3,296 4.0 9.0 -12.4 4,240 3,566 2,643 3,094 4,240 3,094 37.0

 Photographic equipment...................... 593 576 524 3.0 9.9 2.9 566 591 584 545 566 545 3.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,795 4,738 4,712 1.2 0.6 2.3 4,811 4,501 4,357 3,956 4,811 3,956 21.6

 Metalworking machinery....................... 2,570 2,707 2,653 -5.1 2.0 0.8 2,665 2,619 2,479 2,667 2,665 2,667 -0.1

 Turbines, generators, and other 

 power transmission equipment....... 3,329 4,480 3,567 -25.7 25.6 -9.8 3,156 4,681 3,430 2,845 3,156 2,845 10.9

 Material handling equipment............... 2,549 2,293 2,425 11.2 -5.4 -0.9 2,502 2,484 2,368 2,368 2,502 2,368 5.7

 Computers and electronic products 2...... 27,232 28,055 27,054 -2.9 3.7 -0.2 23,513 35,121 26,285 22,190 23,513 22,190 6.0

 Computers........................................ 3,155 3,842 3,655 -17.9 5.1 22.0 2,637 4,413 3,478 2,827 2,637 2,827 -6.7

 Nondefense communications

 equipment...................................... 4,640 5,310 4,481 -12.6 18.5 -1.0 3,968 6,579 4,069 4,242 3,968 4,242 -6.5

 Defense communications equipment... 546 633 776 -13.7 -18.4 175.2 419 851 651 270 419 270 55.2

 Semiconductors 2

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

 Electronic components....................... 4,177 3,870 4,069 7.9 -4.9 -5.0 3,836 4,397 3,905 3,839 3,836 3,839 -0.1

 Nondefense search and navigation

 equipment..................................... 1,206 933 971 29.3 -3.9 -15.6 1,226 929 1,076 1,088 1,226 1,088 12.7

 Defense search and navigation

 equipment...................................... 2,832 2,756 2,404 2.8 14.6 -22.0 2,532 3,862 2,445 1,769 2,532 1,769 43.1

 Electromedical, measuring,

 and control instruments.................... 7,258 7,116 7,214 2.0 -1.4 -1.3 6,280 9,030 6,885 5,379 6,280 5,379 16.8

 Electrical equipment, appliances, 

 and components................................... 11,029 10,875 10,751 1.4 1.2 0.5 10,508 9,906 10,405 10,783 10,508 10,783 -2.6

 Electric lighting equipment................... 1,063 1,132 1,143 -6.1 -1.0 -2.9 989 1,200 994 1,289 989 1,289 -23.3

 Household appliances.......................... 2,173 1,993 2,061 9.0 -3.3 -7.8 1,877 1,928 2,116 1,896 1,877 1,896 -1.0

 Electrical equipment............................ 3,804 3,404 3,581 11.8 -4.9 0.5 3,832 2,735 3,425 3,600 3,832 3,600 6.4

 Transportation equipment........................ 61,449 70,658 64,155 -13.0 10.1 2.8 56,711 82,667 64,349 54,571 56,711 54,571 3.9

 Motor vehicle bodies, parts, 

 and trailers.................................... 16,881 17,170 17,963 -1.7 -4.4 -0.2 16,041 15,166 18,096 18,463 16,041 18,463 -13.1

 Nondefense aircraft and parts.............. 14,710 21,150 19,402 -30.4 9.0 28.6 12,997 31,165 19,431 7,066 12,997 7,066 83.9

 Defense aircraft and parts................... 4,122 6,111 2,517 -32.5 142.8 -26.4 4,297 8,675 2,884 2,664 4,297 2,664 61.3

 Ships and boats................................. 1,752 1,645 1,526 6.5 7.8 -11.2 2,219 2,606 1,529 3,308 2,219 3,308 -32.9

 Furniture and related products................. 6,440 6,567 6,724 -1.9 -2.3 -4.4 6,068 5,677 6,706 6,802 6,068 6,802 -10.8

 Nondurable goods industries.................. 216,069 215,348 216,247 0.3 -0.4 3.0 204,111 206,687 213,667 183,340 204,111 183,340 11.3

p

 Preliminary r Revised NA Not available.

1

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

2

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

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

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

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

Current Industrial Reports: M3-3(06), "Manufacturers' Shipments, Inventories, and Orders: 2001-2006."

Year to date
 4 

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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. Jan.

2008p 2007r 2007 Jan. Dec. Nov. 2008p 2007r 2007 2007 08/07

All manufacturing industries 1................... 813,302 808,034 788,661 0.7 2.5 1.2 821,974 807,753 774,573 694,503 18.4

 Excluding transportation 1................... 334,989 333,776 329,429 0.4 1.3 0.5 335,364 328,383 323,944 308,449 8.7

 Excluding defense 1............................. 651,044 645,965 629,959 0.8 2.5 1.9 656,501 644,271 620,029 533,818 23.0

 Durable goods industries 1..................... 813,302 808,034 788,661 0.7 2.5 1.2 821,974 807,753 774,573 694,503 18.4

 Primary metals........................................ 27,863 27,511 27,127 1.3 1.4 2.2 28,265 27,040 25,965 27,641 2.3

 Iron and steel mills.............................. 17,066 16,522 16,235 3.3 1.8 2.7 17,238 16,167 15,608 16,542 4.2

 Aluminum and nonferrous metals......... 7,964 8,115 7,982 -1.9 1.7 2.2 8,149 8,048 7,519 8,131 0.2

 Ferrous metal foundries...................... 2,833 2,874 2,910 -1.4 -1.2 -0.6 2,878 2,825 2,838 2,968 -3.0

 Fabricated metal products...................... 59,670 59,707 58,390 -0.1 2.3 1.0 58,555 57,879 56,893 54,417 7.6

 Machinery............................................. 92,816 90,720 88,607 2.3 2.4 0.8 93,689 89,282 87,210 79,796 17.4

 Construction machinery....................... 10,191 9,980 10,147 2.1 -1.6 -3.9 10,580 9,907 9,733 10,141 4.3

 Mining, oil field, and

 gas field machinery........................ 4,063 3,887 3,630 4.5 7.1 1.5 4,005 3,888 3,655 3,675 9.0

 Industrial machinery............................ 15,241 14,968 14,559 1.8 2.8 1.2 15,332 14,344 14,400 13,204 16.1

 Photographic equipment...................... 1,563 1,543 1,531 1.3 0.8 -1.4 1,559 1,472 1,521 1,569 -0.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 16,367 15,626 14,738 4.7 6.0 5.2 16,569 15,157 14,343 10,277 61.2

 Metalworking machinery....................... 8,168 8,108 7,847 0.7 3.3 2.9 8,176 7,885 7,749 6,904 18.4

 Turbines, generators, and other 

 power transmission equipment....... 13,025 13,013 12,860 0.1 1.2 -0.6 13,149 13,164 12,555 12,661 3.9

 Material handling equipment............... 10,302 10,063 10,118 2.4 -0.5 0.8 10,399 10,026 9,834 9,193 13.1

 Computers and electronic products 1...... 117,190 118,137 117,570 -0.8 0.5 -0.1 117,999 117,774 116,193 111,004 6.3

 Computers......................................... 3,065 3,611 3,461 -15.1 4.3 1.9 3,065 3,611 3,461 3,348 -8.5

 Nondefense communications

 equipment...................................... 28,077 28,283 28,047 -0.7 0.8 -1.4 27,908 27,635 27,658 27,057 3.1

 Defense communications equipment... 7,201 7,185 7,049 0.2 1.9 3.1 7,249 7,318 6,971 6,207 16.8

 Semiconductors 1

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

 Electronic components....................... 10,310 10,373 10,634 -0.6 -2.5 0.5 10,338 10,210 10,432 10,141 1.9

 Nondefense search and navigation

 equipment..................................... 6,130 6,110 6,223 0.3 -1.8 -2.5 6,272 6,078 6,223 5,597 12.1

 Defense search and navigation

 equipment...................................... 35,658 35,527 35,384 0.4 0.4 -0.2 36,053 35,785 34,772 34,025 6.0

 Electromedical, measuring,

 and control instruments.................... 26,749 27,048 26,772 -1.1 1.0 0.7 27,114 27,137 26,676 24,629 10.1

 Electrical equipment, appliances, 

 and components................................... 23,823 23,872 23,762 -0.2 0.5 -0.1 23,698 23,024 23,460 23,044 2.8

 Electric lighting equipment................... 2,578 2,640 2,665 -2.3 -0.9 -0.8 2,515 2,499 2,502 2,352 6.9

 Household appliances.......................... 706 801 838 -11.9 -4.4 -11.8 745 640 862 785 -5.1

 Electrical equipment............................ 15,232 14,990 15,063 1.6 -0.5 0.5 15,115 14,601 15,122 13,417 12.7

 Transportation equipment........................ 478,313 474,258 459,232 0.9 3.3 1.7 486,610 479,370 450,629 386,054 26.0

 Motor vehicle bodies, parts, 

 and trailers.................................... 18,286 18,717 19,179 -2.3 -2.4 0.2 18,829 18,912 18,622 21,583 -12.8

 Nondefense aircraft and parts.............. 312,963 308,537 296,592 1.4 4.0 3.6 317,972 312,321 291,886 219,420 44.9

 Defense aircraft and parts................... 46,193 45,694 42,849 1.1 6.6 -2.1 47,612 46,226 41,562 45,024 5.7

 Ships and boats................................. 17,694 18,123 18,556 -2.4 -2.3 -2.7 18,561 18,184 17,700 19,388 -4.3

 Furniture and related products................. 7,349 7,445 7,576 -1.3 -1.7 -1.2 6,880 7,000 7,826 6,942 -0.9

p

 Preliminary r Revised NA Not available.

1

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

See note at end of Table 2 relating to survey error and revision.
 5

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. Jan.

2008p 2007r 2007 Jan. Dec. Nov. 2008p 2007r 2007 2007 08/07

 All manufacturing industries ..................... 535,393 528,722 524,145 1.3 0.9 0.7 532,696 514,222 524,923 506,731 5.1

 Excluding transportation ...................... 452,326 446,726 444,315 1.3 0.5 0.5 450,275 435,501 444,489 432,394 4.1

 Excluding defense ............................. 512,293 505,533 502,042 1.3 0.7 0.6 509,823 491,498 502,842 486,000 4.9

 With unfilled orders ............................. 255,053 253,277 250,663 0.7 1.0 0.7 254,587 246,416 251,187 242,923 4.8

 Durable goods industries ........................ 322,142 320,351 316,961 0.6 1.1 0.7 321,528 311,268 317,579 309,735 3.8

 Wood products................................. ....... 10,441 10,456 10,389 -0.1 0.6 -0.8 10,458 10,273 10,402 10,991 -4.8

 Nonmetallic mineral products................... 12,181 12,168 12,000 0.1 1.4 0.6 12,198 11,914 11,619 11,932 2.2

 Primary metals............................ ............ 30,806 30,730 30,750 0.2 -0.1 -0.7 30,965 30,718 30,580 31,380 -1.3

 Iron and steel mills............................... 17,532 17,285 17,319 1.4 -0.2 -0.8 17,593 17,334 17,275 17,908 -1.8

 Aluminum and nonferrous metals......... 10,699 10,863 10,860 -1.5 0.0 -0.8 10,776 10,828 10,761 11,003 -2.1

 Ferrous metal foundries........................ 2,575 2,582 2,571 -0.3 0.4 0.2 2,596 2,556 2,544 2,469 5.1

 Fabricated metal products......................... 42,254 42,296 42,028 -0.1 0.6 0.4 42,365 41,325 41,457 41,614 1.8

 Machinery.............................................. 52,577 52,172 51,801 0.8 0.7 0.0 52,596 50,492 52,145 49,756 5.7

 Farm machinery.................................. 2,709 2,674 2,566 1.3 4.2 3.9 2,834 2,685 2,513 2,297 23.4

 Construction machinery........................ 5,179 5,097 5,127 1.6 -0.6 1.1 5,121 4,921 5,154 4,697 9.0

 Mining, oil field, 

 and gas field machinery.................... 4,015 4,002 3,989 0.3 0.3 1.3 3,976 3,822 3,952 3,551 12.0

 Industrial machinery............................. 7,595 7,617 7,612 -0.3 0.1 -1.8 7,482 7,421 7,717 7,845 -4.6

 Photographic equipment...................... 1,080 1,104 1,208 -2.2 -8.6 -0.2 1,081 1,037 1,222 1,241 -12.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,633 4,580 4,540 1.2 0.9 0.1 4,505 4,184 4,523 4,216 6.9

 Metalworking machinery....................... 4,217 4,320 4,278 -2.4 1.0 1.8 4,148 4,167 4,280 3,947 5.1

 Turbines, generators, and other

 power transmission equipment.......... 6,358 6,167 6,132 3.1 0.6 0.0 6,406 5,976 6,384 5,699 12.4

 Material handling equipment.................. 3,101 3,031 2,998 2.3 1.1 -0.1 3,142 2,945 3,055 2,901 8.3

 Computers and electronic products ......... 44,215 44,179 43,894 0.1 0.6 0.8 44,062 42,795 44,648 44,453 -0.9

 Computers......................................... 1,115 1,157 1,136 -3.6 1.8 3.5 1,050 1,154 1,180 1,096 -4.2

 Computer storage devices.................... 1,378 1,401 1,330 -1.6 5.3 0.9 1,354 1,241 1,474 1,250 8.3

 Other peripheral equipment................... 2,053 2,067 2,046 -0.7 1.0 1.1 2,040 1,914 2,146 2,138 -4.6

 Nondefense communications

 equipment...................................... 6,436 6,495 6,323 -0.9 2.7 1.9 6,534 6,337 6,628 6,866 -4.8

 Defense communications equipment...... 1,000 966 990 3.5 -2.4 -0.1 966 942 983 788 22.6

 Audio and video equipment.................. 1,281 1,255 1,139 2.1 10.2 1.3 1,278 1,251 1,301 1,220 4.8

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

 Electronic components.......................... 7,208 7,222 7,325 -0.2 -1.4 1.4 7,235 6,989 7,307 7,356 -1.6

 Nondefense search and navigation

 equipment...................................... 3,484 3,440 3,361 1.3 2.4 -2.3 3,434 3,356 3,364 2,843 20.8

 Defense search and navigation

 equipment....................................... 2,647 2,575 2,615 2.8 -1.5 2.5 2,644 2,504 2,586 2,480 6.6

 Electromedical, measuring 

 and control instruments.................... 10,918 10,903 11,079 0.1 -1.6 -0.2 10,923 10,641 11,219 10,971 -0.4

 Electrical equipment, appliances, 

 and components.................................... 14,953 14,887 14,792 0.4 0.6 1.7 15,078 14,512 14,698 14,469 4.2

 Electric lighting equipment................... 1,915 1,898 1,869 0.9 1.6 1.1 1,924 1,796 1,831 1,889 1.9

 Household appliances.......................... 1,801 1,826 1,816 -1.4 0.6 -1.2 1,783 1,635 1,784 1,675 6.4

 Electrical equipment............................. 5,530 5,494 5,384 0.7 2.0 4.9 5,676 5,543 5,469 5,333 6.4

 Batteries............................................ 513 507 506 1.2 0.2 0.2 501 472 494 495 1.2

 Transportation equipment......................... 83,067 81,996 79,830 1.3 2.7 1.9 82,421 78,721 80,434 74,337 10.9

 Automobiles....................................... 2,519 2,363 2,289 6.6 3.2 3.7 2,630 2,107 2,276 2,451 7.3

 Light trucks and utility vehicles............. 2,482 2,757 2,722 -10.0 1.3 -4.0 2,266 2,449 2,780 2,656 -14.7

 Heavy duty trucks ............................... 1,450 1,478 1,531 -1.9 -3.5 -1.2 1,433 1,413 1,532 1,375 4.2

 Motor vehicle bodies, parts, 

 and trailers...................................... 17,338 17,355 17,389 -0.1 -0.2 -0.9 17,422 16,953 17,328 18,978 -8.2

 Nondefense aircraft and parts............... 35,112 33,875 32,795 3.7 3.3 3.6 34,675 32,282 33,374 27,251 27.2

 Defense aircraft and parts..................... 13,953 13,747 13,086 1.5 5.1 2.2 13,791 13,488 13,064 12,218 12.9

 Ships and boats.................................. 2,345 2,312 2,331 1.4 -0.8 -1.1 2,366 2,268 2,330 2,440 -3.0

 Furniture and related products................. 8,502 8,498 8,492 0.0 0.1 -0.3 8,429 8,239 8,495 8,846 -4.7

 Miscellaneous durable goods.................... 23,146 22,969 22,985 0.8 -0.1 0.7 22,956 22,279 23,101 21,957 4.5

 Nondurable goods industries...................... 213,251 208,371 207,184 2.3 0.6 0.7 211,168 202,954 207,344 196,996 7.2

 Food products........................................ 37,614 37,237 36,979 1.0 0.7 0.0 37,623 37,169 38,475 35,490 6.0

 Grain and oilseed milling........................ 4,455 4,398 4,397 1.3 0.0 -1.7 4,619 4,449 4,553 4,219 9.5

 Dairy products.................................... 4,472 4,543 4,614 -1.6 -1.5 0.2 4,343 4,209 4,381 4,116 5.5

 Meat, poultry, and seafood products...... 7,505 7,433 7,339 1.0 1.3 1.1 7,408 7,348 7,529 6,727 10.1

 Beverage and tobacco products................ 14,687 14,605 14,582 0.6 0.2 -0.3 14,992 14,571 14,969 14,808 1.2

 Beverages......................................... 10,845 10,752 10,708 0.9 0.4 -0.7 10,918 10,608 11,002 10,381 5.2

 Tobacco............................................ 3,842 3,853 3,874 -0.3 -0.5 0.9 4,074 3,963 3,967 4,427 -8.0

 Textile mills............................................ 3,815 3,837 3,827 -0.6 0.3 -0.1 3,836 3,775 3,760 3,956 -3.0

 Textile products...................................... 3,505 3,482 3,470 0.7 0.3 0.1 3,498 3,357 3,419 3,572 -2.1

 Apparel................................................. 3,944 3,917 3,957 0.7 -1.0 -0.9 3,917 3,740 3,824 3,806 2.9

 Leather and allied products...................... 887 872 900 1.7 -3.1 0.6 909 844 887 919 -1.1

 Paper products....................................... 15,481 15,746 15,426 -1.7 2.1 0.5 15,510 15,603 15,256 15,493 0.1

 Pulp, paper, and paperboard mills.......... 7,072 7,228 7,131 -2.2 1.4 1.1 7,090 7,257 7,011 7,167 -1.1

 Paperboard containers......................... 3,877 3,897 3,837 -0.5 1.6 0.1 3,930 3,879 3,777 4,006 -1.9

 Printing.................................................. 6,463 6,802 6,644 -5.0 2.4 -0.2 6,147 6,351 6,692 6,373 -3.5

 Petroleum and coal products..................... 40,372 37,501 36,486 7.7 2.8 2.2 38,452 34,567 35,865 30,138 27.6

 Petroleum refineries............................. 37,713 34,893 34,019 8.1 2.6 2.5 35,879 32,156 33,517 27,423 30.8

 Chemical products..................................... 65,556 63,303 63,896 3.6 -0.9 0.7 65,042 62,104 63,546 62,044 4.8

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,621 2,632 2,646 -0.4 -0.5 -0.4 2,950 2,816 2,607 2,780 6.1

 Pharmaceuticals and medicines............. 25,285 23,527 24,381 7.5 -3.5 0.2 24,386 22,738 24,498 23,771 2.6

 Paints, coatings, and adhesives............. 3,068 3,065 3,057 0.1 0.3 1.7 3,065 2,908 2,940 3,020 1.5

 Plastics and rubber products..................... 20,927 21,069 21,017 -0.7 0.2 1.5 21,242 20,873 20,651 20,397 4.1

p

 Preliminary r Revised NA Not available.

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

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

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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2008/

2008p 2007r 2007 Jan. Dec. Nov. 2008p 2007r 2007 2007 2008p 2007 2007

SHIPMENTS

 All manufacturing industries .................. 431,799 427,095 428,709 1.1 -0.4 1.3 398,330 414,514 421,566 372,057 398,330 372,057 7.1

 Construction materials and supplies...... 41,748 41,367 42,580 0.9 -2.8 -0.8 36,880 36,695 40,724 38,106 36,880 38,106 -3.2

 Information technology......................... 27,828 27,209 26,913 2.3 1.1 0.0 23,091 32,488 26,468 21,167 23,091 21,167 9.1

 Computers and related products .......... 5,815 5,822 5,617 -0.1 3.6 -0.9 4,613 7,590 5,347 4,247 4,613 4,247 8.6

 Motor vehicle and parts........................ 36,767 36,947 37,709 -0.5 -2.0 0.0 33,749 32,385 37,284 35,672 33,749 35,672 -5.4

 Capital goods...................................... 78,538 76,372 75,701 2.8 0.9 0.0 67,620 82,839 73,465 62,137 67,620 62,137 8.8

 Nondefense capital goods 3

.................. 69,604 68,280 67,328 1.9 1.4 -0.5 60,063 73,982 64,800 55,438 60,063 55,438 8.3

 Excluding aircraft............................. 62,923 62,898 61,882 0.0 1.6 0.1 55,950 67,216 58,861 52,159 55,950 52,159 7.3

 Defense capital goods 4....................... 8,934 8,092 8,373 10.4 -3.4 3.8 7,557 8,857 8,665 6,699 7,557 6,699 12.8

 Consumer goods.................................. 174,729 174,933 175,555 -0.1 -0.4 3.6 163,301 170,311 175,631 146,400 163,301 146,400 11.5

 Consumer durable goods..................... 33,809 33,469 34,008 1.0 -1.6 -0.4 30,229 32,441 34,328 29,916 30,229 29,916 1.0

 Consumer nondurable goods............... 140,920 141,464 141,547 -0.4 -0.1 4.7 133,072 137,870 141,303 116,484 133,072 116,484 14.2

 All manufacturing industries 5

................. 429,224 440,035 431,489 -2.5 2.0 1.7 404,178 441,955 422,727 377,125 404,178 377,125 7.2

 Construction materials and supplies...... 42,452 42,711 43,655 -0.6 -2.2 0.0 38,495 37,756 40,934 39,377 38,495 39,377 -2.2

 Information technology......................... 26,830 28,294 26,793 -5.2 5.6 1.6 23,314 34,552 25,972 22,157 23,314 22,157 5.2

 Computers and related products .......... 5,269 5,972 5,683 -11.8 5.1 11.6 4,067 7,740 5,413 4,188 4,067 4,188 -2.9

 Motor vehicle and parts........................ 36,336 36,485 37,751 -0.4 -3.4 0.3 33,666 32,675 37,713 36,288 33,666 36,288 -7.2

 Capital goods...................................... 83,677 92,694 83,277 -9.7 11.3 2.2 78,122 111,598 81,157 69,178 78,122 69,178 12.9

 Nondefense capital goods 3

.................. 74,474 81,127 76,959 -8.2 5.4 5.4 68,937 93,970 74,814 60,304 68,937 60,304 14.3

 Excluding aircraft............................. 63,773 64,768 61,588 -1.5 5.2 -0.1 59,774 68,199 58,596 56,755 59,774 56,755 5.3

 Defense capital goods 4....................... 9,203 11,567 6,318 -20.4 83.1 -25.2 9,185 17,628 6,343 8,874 9,185 8,874 3.5

 Consumer goods.................................. 174,440 174,716 175,427 -0.2 -0.4 3.5 163,345 169,681 175,581 147,025 163,345 147,025 11.1

 Consumer durable goods..................... 33,520 33,252 33,880 0.8 -1.9 -0.8 30,273 31,811 34,278 30,541 30,273 30,541 -0.9

 Consumer nondurable goods.............. 140,920 141,464 141,547 -0.4 -0.1 4.7 133,072 137,870 141,303 116,484 133,072 116,484 14.2

 All manufacturing industries 5................. 813,302 808,034 788,661 0.7 2.5 1.2 821,974 807,753 774,573 694,503 (X) (X) 18.4

 Construction materials and supplies...... 53,699 52,995 51,651 1.3 2.6 2.1 52,842 51,227 50,166 44,409 (X) (X) 19.0

 Information technology......................... 113,750 114,748 113,663 -0.9 1.0 -0.1 114,543 114,320 112,256 108,922 (X) (X) 5.2

 Computers and related products .......... 3,065 3,611 3,461 -15.1 4.3 1.9 3,065 3,611 3,461 3,348 (X) (X) -8.5

 Motor vehicle and parts........................ 18,286 18,717 19,179 -2.3 -2.4 0.2 18,829 18,912 18,622 21,583 (X) (X) -12.8

 Capital goods...................................... 615,622 610,483 594,161 0.8 2.7 1.3 624,065 613,563 584,804 510,931 (X) (X) 22.1

 Nondefense capital goods 3..................467,190 462,320 449,473 1.1 2.9 2.2 472,675 463,801 443,813 363,557 (X) (X) 30.0

 Excluding aircraft............................. 183,661 182,811 180,941 0.5 1.0 -0.2 183,921 180,097 179,114 169,516 (X) (X) 8.5

 Defense capital goods 4

....................... 148,432 148,163 144,688 0.2 2.4 -1.4 151,390 149,762 140,991 147,374 (X) (X) 2.7

 Consumer goods.................................. 9,409 9,698 9,915 -3.0 -2.2 -1.3 9,448 9,404 10,034 9,284 (X) (X) 1.8

 Consumer durable goods..................... 9,409 9,698 9,915 -3.0 -2.2 -1.3 9,448 9,404 10,034 9,284 (X) (X) 1.8 

 All manufacturing industries .................. 535,393 528,722 524,145 1.3 0.9 0.7 532,696 514,222 524,923 506,731 (X) (X) 5.1

 Construction materials and supplies...... 59,346 59,305 59,033 0.1 0.5 0.2 59,317 57,423 58,025 58,947 (X) (X) 0.6

 Information technology......................... 37,100 37,056 36,981 0.1 0.2 0.5 36,990 35,949 37,756 36,439 (X) (X) 1.5

 Computers and related products .......... 4,546 4,625 4,512 -1.7 2.5 1.6 4,444 4,309 4,800 4,484 (X) (X) -0.9

 Motor vehicle and parts........................ 23,789 23,953 23,931 -0.7 0.1 -0.9 23,751 22,922 23,916 25,460 (X) (X) -6.7

 Capital goods...................................... 146,879 145,267 143,040 1.1 1.6 1.1 146,261 140,914 144,757 134,872 (X) (X) 8.4

 Nondefense capital goods 3..................128,623 126,818 125,337 1.4 1.2 1.1 128,070 122,671 127,054 118,133 (X) (X) 8.4

 Excluding aircraft............................. 101,130 100,606 100,120 0.5 0.5 0.3 100,930 97,722 101,322 97,203 (X) (X) 3.8

 Defense capital goods 4....................... 18,256 18,449 17,703 -1.0 4.2 1.2 18,191 18,243 17,703 16,739 (X) (X) 8.7

 Consumer goods.................................. 166,240 161,410 160,480 3.0 0.6 0.6 163,775 155,948 161,919 152,189 (X) (X) 7.6

 Consumer durable goods..................... 29,630 29,709 29,405 -0.3 1.0 0.4 29,617 28,344 29,623 29,576 (X) (X) 0.1

 Consumer nondurable goods............... 136,610 131,701 131,075 3.7 0.5 0.7 134,158 127,604 132,296 122,613 (X) (X) 9.4

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories.

2

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

3

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

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

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

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

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

and supplies.

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 

6

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

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

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 7

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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. Jan.

2008p 2007r 2007 Jan. Dec. Nov. 2008p 2007r 2007 2007 08/07

MATERIALS AND SUPPLIES

 All manufacturing industries..................... 180,192 177,352 177,062 1.6 0.2 -0.1 180,409 175,676 177,258 174,894 3.2

 Durable goods industries........................ 107,388 106,865 106,561 0.5 0.3 0.2 107,883 106,247 107,070 107,710 0.2

 Wood products................................... 4,066 4,040 4,054 0.6 -0.3 -0.2 4,209 4,202 4,287 4,350 -3.2

 Nonmetallic mineral products............... 4,750 4,674 4,624 1.6 1.1 0.5 4,737 4,625 4,584 4,523 4.7

 Primary metals.................................... 11,663 11,592 11,655 0.6 -0.5 -1.0 11,746 11,934 11,782 12,265 -4.2

 Fabricated metal products..................... 16,106 16,083 15,951 0.1 0.8 0.3 16,170 16,025 15,705 16,238 -0.4

 Machinery.......................................... 19,862 19,743 19,788 0.6 -0.2 -1.3 20,035 19,359 19,824 19,476 2.9

 Computers and electronic products ...... 15,734 15,865 16,110 -0.8 -1.5 0.1 15,669 15,700 16,343 16,800 -6.7

 Electrical equipment, appliances,

 and components............................... 6,183 6,114 5,986 1.1 2.1 2.1 6,277 6,133 6,007 6,018 4.3

 Transportation equipment..................... 17,657 17,420 17,120 1.4 1.8 2.1 17,685 17,108 17,229 16,742 5.6

 Furniture and related products............... 3,835 3,804 3,806 0.8 -0.1 -0.5 3,834 3,764 3,804 3,843 -0.2

 Miscellaneous products........................ 7,532 7,530 7,467 0.0 0.8 1.0 7,521 7,397 7,505 7,455 0.9

 Nondurable goods industries.................... 72,804 70,487 70,501 3.3 0.0 -0.5 72,526 69,429 70,188 67,184 8.0

 Food products.................................... 13,534 13,259 13,273 2.1 -0.1 0.6 13,842 13,417 13,745 12,817 8.0

 Beverage and tobacco products............. 4,452 4,425 4,415 0.6 0.2 -0.3 4,687 4,599 4,446 4,890 -4.2

 Textiles.............................................. 1,254 1,255 1,243 -0.1 1.0 0.1 1,264 1,250 1,217 1,205 4.9

 Textile products.................................. 1,419 1,401 1,379 1.3 1.6 1.5 1,412 1,376 1,362 1,382 2.2

 Apparel............................................. 1,074 1,113 1,099 -3.5 1.3 -1.8 1,081 1,105 1,072 1,085 -0.4

 Leather and allied products................... 302 302 298 0.0 1.3 0.3 305 300 294 261 16.9

 Paper products.................................... 7,386 7,199 7,209 2.6 -0.1 0.3 7,421 7,183 7,158 7,286 1.9

 Printing ............................................. 3,093 3,243 3,178 -4.6 2.0 -0.2 2,994 3,115 3,163 3,039 -1.5

 Petroleum and coal products................ 12,772 11,466 11,634 11.4 -1.4 -6.9 11,955 10,619 11,215 9,832 21.6

 Chemical products................................ 19,398 18,733 18,579 3.5 0.8 1.5 19,317 18,354 18,393 17,370 11.2

 Plastics and rubber products.................. 8,120 8,091 8,194 0.4 -1.3 1.9 8,248 8,111 8,123 8,017 2.9

WORK IN PROCESS

 All manufacturing industries..................... 160,122 156,505 153,211 2.3 2.1 1.5 158,934 150,946 155,083 144,410 10.1

 Durable goods industries........................ 119,681 118,084 115,926 1.4 1.9 1.3 119,007 113,710 116,861 108,912 9.3

 Wood products................................... 2,112 2,085 2,118 1.3 -1.6 0.6 2,098 2,074 2,124 2,222 -5.6

 Nonmetallic mineral products............... 1,349 1,344 1,349 0.4 -0.4 0.9 1,342 1,276 1,257 1,336 0.4

 Primary metals.................................... 9,834 9,839 9,858 -0.1 -0.2 -0.2 9,853 9,576 9,783 9,890 -0.4

 Fabricated metal products..................... 12,632 12,574 12,367 0.5 1.7 0.4 12,625 12,139 12,368 11,562 9.2

 Machinery.......................................... 14,934 14,843 14,570 0.6 1.9 -0.6 14,460 13,915 14,902 13,631 6.1

 Computers and electronic products ...... 17,876 17,529 17,364 2.0 1.0 1.6 17,847 16,784 17,715 17,175 3.9

 Electrical equipment, appliances,

 and components............................... 3,151 3,119 3,132 1.0 -0.4 6.0 3,131 3,013 3,050 3,004 4.2

 Transportation equipment..................... 53,146 52,185 50,602 1.8 3.1 2.4 53,087 50,549 51,057 45,371 17.0

 Furniture and related products............... 1,296 1,286 1,284 0.8 0.2 0.1 1,295 1,273 1,284 1,460 -11.3

 Miscellaneous products........................ 3,351 3,280 3,282 2.2 -0.1 -2.8 3,269 3,111 3,321 3,261 0.2

 Nondurable goods industries.................... 40,441 38,421 37,285 5.3 3.0 2.2 39,927 37,236 38,222 35,498 12.5

 Food products.................................... 2,654 2,578 2,610 2.9 -1.2 -5.2 2,834 2,822 3,033 3,169 -10.6

 Beverage and tobacco products............. 4,355 4,310 4,333 1.0 -0.5 -1.8 4,546 4,624 4,751 4,716 -3.6

 Textiles.............................................. 800 797 813 0.4 -2.0 -0.1 808 771 808 963 -16.1

 Textile products.................................. 435 440 456 -1.1 -3.5 -1.7 438 410 460 570 -23.2

 Apparel............................................. 646 639 637 1.1 0.3 -1.5 647 587 634 631 2.5

 Leather and allied products................... 95 96 97 -1.0 -1.0 2.1 96 90 92 117 -17.9

 Paper products.................................... 1,439 1,527 1,391 -5.8 9.8 1.1 1,437 1,516 1,363 1,307 9.9

 Printing ............................................. 1,458 1,576 1,530 -7.5 3.0 1.1 1,330 1,332 1,568 1,438 -7.5

 Petroleum and coal products................ 12,053 11,302 10,043 6.6 12.5 6.5 11,585 10,434 10,079 7,172 61.5

 Chemical products................................ 14,053 12,553 12,858 11.9 -2.4 2.9 13,705 12,116 12,940 13,002 5.4

 Plastics and rubber products.................. 2,453 2,603 2,517 -5.8 3.4 0.6 2,501 2,534 2,494 2,413 3.6

FINISHED GOODS

 All manufacturing industries..................... 195,079 194,865 193,872 0.1 0.5 0.8 193,353 187,600 192,582 187,427 3.2

 Durable goods industries........................ 95,073 95,402 94,474 -0.3 1.0 0.4 94,638 91,311 93,648 93,113 1.6

 Wood products................................... 4,263 4,331 4,217 -1.6 2.7 -2.1 4,151 3,997 3,991 4,419 -6.1

 Nonmetallic mineral products............... 6,082 6,150 6,027 -1.1 2.0 0.6 6,119 6,013 5,778 6,073 0.8

 Primary metals.................................... 9,309 9,299 9,237 0.1 0.7 -0.9 9,366 9,208 9,015 9,225 1.5

 Fabricated metal products..................... 13,516 13,639 13,710 -0.9 -0.5 0.7 13,570 13,161 13,384 13,814 -1.8

 Machinery.......................................... 17,781 17,586 17,443 1.1 0.8 2.0 18,101 17,218 17,419 16,649 8.7

 Computers and electronic products ...... 10,605 10,785 10,420 -1.7 3.5 0.6 10,546 10,311 10,590 10,478 0.6

 Electrical equipment, appliances,

 and components............................... 5,619 5,654 5,674 -0.6 -0.4 -0.9 5,670 5,366 5,641 5,447 4.1

 Transportation equipment..................... 12,264 12,391 12,108 -1.0 2.3 -0.6 11,649 11,064 12,148 12,224 -4.7

 Furniture and related products............... 3,371 3,408 3,402 -1.1 0.2 -0.2 3,300 3,202 3,407 3,543 -6.9

 Miscellaneous products........................ 12,263 12,159 12,236 0.9 -0.6 1.5 12,166 11,771 12,275 11,241 8.2

 Nondurable goods industries.................... 100,006 99,463 99,398 0.5 0.1 1.1 98,715 96,289 98,934 94,314 4.7

 Food products.................................... 21,426 21,400 21,096 0.1 1.4 0.2 20,947 20,930 21,697 19,504 7.4

 Beverage and tobacco products............. 5,880 5,870 5,834 0.2 0.6 0.9 5,759 5,348 5,772 5,202 10.7

 Textiles.............................................. 1,761 1,785 1,771 -1.3 0.8 -0.1 1,764 1,754 1,735 1,788 -1.3

 Textile products.................................. 1,651 1,641 1,635 0.6 0.4 -0.5 1,648 1,571 1,597 1,620 1.7

 Apparel............................................. 2,224 2,165 2,221 2.7 -2.5 -0.2 2,189 2,048 2,118 2,090 4.7

 Leather and allied products................... 490 474 505 3.4 -6.1 0.4 508 454 501 541 -6.1

 Paper products.................................... 6,656 7,020 6,826 -5.2 2.8 0.5 6,652 6,904 6,735 6,900 -3.6

 Printing ............................................. 1,912 1,983 1,936 -3.6 2.4 -1.3 1,823 1,904 1,961 1,896 -3.9

 Petroleum and coal products................ 15,547 14,733 14,809 5.5 -0.5 7.7 14,912 13,514 14,571 13,134 13.5

 Chemical products................................ 32,105 32,017 32,459 0.3 -1.4 -0.6 32,020 31,634 32,213 31,672 1.1

 Plastics and rubber products.................. 10,354 10,375 10,306 -0.2 0.7 1.5 10,493 10,228 10,034 9,967 5.3

p

 Preliminary r Revised

See note at end of Table 2 relating to survey error and revisions.
 8

Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio1

Industry Jan Dec Nov Oct Jan Dec Nov Oct

2008p 2007r 2007 2007 2008p 2007r 2007 2007

 All manufacturing industries2

...... 1.24 1.24 1.22 1.23 (X) (X) (X) (X)

Durable goods industries2

................... 1.49 1.51 1.49 1.48 5.38 5.44 5.31 5.22

 Wood products................................ 1.38 1.36 1.34 1.35 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.38 1.37 1.29 1.27 (X) (X) (X) (X)

 Primary metals................................. 1.50 1.51 1.52 1.52 1.35 1.35 1.34 1.30

 Fabricated metal products............... 1.63 1.65 1.61 1.60 2.39 2.42 2.33 2.29

 Machinery....................................... 1.85 1.80 1.84 1.85 3.61 3.46 3.48 3.49

 Computers and electronic products 2

.. 1.23 1.30 1.30 1.29 4.73 4.94 4.97 4.98

 Electrical equipment, appliances,

 and components............................. 1.35 1.38 1.37 1.33 2.32 2.40 2.36 2.33

 Transportation equipment................. 1.45 1.47 1.41 1.38 12.61 13.06 12.47 12.14

 Furniture and related products........... 1.30 1.27 1.25 1.23 1.27 1.25 1.26 1.25

 Miscellaneous products.................... 1.74 1.75 1.76 1.74 (X) (X) (X) (X)

Nondurable goods industries.............. 0.99 0.97 0.96 0.98 (X) (X) (X) (X)

 Food products................................... 0.76 0.76 0.76 0.76 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.30 1.30 1.27 1.23 (X) (X) (X) (X)

 Textiles.......................................... 1.33 1.33 1.33 1.32 (X) (X) (X) (X)

 Textile products............................... 1.33 1.31 1.29 1.27 (X) (X) (X) (X)

 Apparel.......................................... 1.36 1.38 1.40 1.45 (X) (X) (X) (X)

 Leather and allied products............... 1.66 1.62 1.68 1.59 (X) (X) (X) (X)

 Paper products................................ 1.08 1.12 1.09 1.09 (X) (X) (X) (X)

 Printing.......................................... 0.77 0.80 0.77 0.78 (X) (X) (X) (X)

 Petroleum and coal products............ 0.78 0.72 0.69 0.77 (X) (X) (X) (X)

 Chemical products............................. 1.20 1.16 1.19 1.18 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.21 1.23 1.21 1.19 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable

1

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

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

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

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

trucks; and miscellaneous furniture.

2 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

Jan2 Jan2 Jan2 Jan2

Industry 2007- 2007- 2007- 2007-

Jan1 Dec Jan1 Dec Jan1 Dec Jan1 Dec

2008 2007 2008 2007 2008 2007 2008 2007

 All manufacturing industries.......... (X) 0.2 (X) 0.4 (X) 0.1 (X) 0.1

Durable goods industries...................... 0.1 0.3 0.2 0.5 0.1 0.1 0.0 0.1

 Wood products................................... (X) 0.8 (X) (NA) (X) (NA) (X) 0.4

 Nonmetallic mineral products.............. (X) 0.5 (X) (NA) (X) (NA) (X) 0.2

 Primary metals.................................... 0.3 0.4 0.7 1.1 0.4 0.8 -0.3 0.2

 Fabricated metal products................... 0.5 0.4 0.5 0.6 0.0 0.2 0.1 0.1

 Machinery.......................................... -0.3 0.5 -0.4 0.6 0.0 0.2 -0.1 0.2

 Computers and electronic products ..... -0.9 1.0 -0.2 1.2 0.0 0.3 0.0 0.3

 Electrical equipment, appliances,

 and components............................. 0.4 0.6 0.0 1.2 -0.2 0.4 -0.2 0.3

 Transportation equipment................... 0.4 0.6 0.4 1.6 0.1 0.1 0.1 0.1

 Furniture and related products............. (X) 0.5 (X) 0.8 (X) 0.7 (X) 0.3

 Miscellaneous products...................... (X) 0.4 (X) 0.5 (X) 0.7 (X) 0.2

Nondurable goods industries.................. (X) 0.3 (X) (NA) (X) (NA) (X) 0.1

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

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

 Textiles............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.6

 Textile products................................. (X) 0.9 (X) (NA) (X) (NA) (X) 0.4

 Apparel.............................................. (X) 1.8 (X) (NA) (X) (NA) (X) 0.9

 Leather and allied products.................. (X) 1.8 (X) (NA) (X) (NA) (X) 1.1

 Paper products................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

 Printing.............................................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.7

 Petroleum and coal products............... (X) 1.0 (X) (NA) (X) (NA) (X) 0.6

 Chemical products................................ (X) 0.3 (X) (NA) (X) (NA) (X) 0.3

 Plastics and rubber products............... (X) 0.5 (X) (NA) (X) (NA) (X) 0.4

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

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

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

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

Table 8. Revisions to Previously Published Monthly Percent Changes

[Based on Seasonally Adjusted data]

Shipments New Orders Unfilled Orders Inventories
9 

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-of-month order backlog (unfilled orders), end-of-month total inventory (at current cost or market value), and 

inventories by stage of fabrication (materials and supplies, work-in-process, and finished goods). The M3 includes 

approximately 4,200 reporting units. Units may be divisions of diversified large companies, large homogenous 

companies, or single-unit 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-tomonth changes of the total operations of those companies in the monthly survey effectively represent the month-tomonth 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 62 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 4,200 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 4,200 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-tomonth 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: http://www.census.gov/m3.

2008 Release Dates for M3 Survey 

Survey Month Advance 8:30 A.M. Preliminary 10:00 A.M. 

Nov 2007 December 27, 2007 January 3, 2008 

Dec 2007 January 29, 2008 February 4, 2008 

Jan 2008 February 27, 2008 March 5, 2008 

Feb 2008 March 26, 2008 April 2, 2008 

Mar 2008 April 24, 2008 May 2, 2008 

Apr 2008 May 28, 2008 June 3, 2008 

May 2008 June 25, 2008 July 2, 2008 

Jun 2008 July 25, 2008 August 4, 2008 

Jul 2008 August 27, 2008 September 3, 2008

Aug 2008 September 25, 2008 October 2, 2008 

Sep 2008 October 29, 2008 November 4, 2008

Oct 2008 November 26, 2008 December 4, 2008

Nov 2008 December 24, 2008