Manufacturers' Shipments,

 Inventories, and Orders: November 2004 Issued January 2005

 M3-1(04)-11

 For Wire Transmission 10:00 a.m. E.S.T., January 4, 2005 Current 

 Industrial

 Reports

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

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

The advance report on durable goods for December is scheduled for January 27, 2005 at 8:30 a.m. and the full report on February 3, 2005 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

400

Nov-02

Jan-03

Mar-03

May-03

Jul-03

Sep-03

Nov-03

Jan-04

Mar-04

May-04

Jul-04

Sep-04

Nov-04

300

320

340

360

380

400

 Shipments Average

Billions Of Dollars

Total Manufacturing Inventories

and Three Month Moving Average

420

440

460

480

500

Nov-02

Jan-03

Mar-03

May-03

Jul-03

Sep-03

Nov-03

Jan-04

Mar-04

May-04

Jul-04

Sep-04

Nov-04

420

440

460

480

500

 Inventories Average

Billions Of Dollars
 2

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

for semiconductor manufacturing.

Summary

New orders for manufactured goods in November, up

six of the last seven months, increased $4.5 billion or 1.2

percent to $377.4 billion, the Department of Commerce,

Census Bureau reported today. This followed a 0.9

percent October increase.

Shipments, up six of the last seven months, increased

$1.6 billion or 0.4 percent to $379.0 billion. This was at

the highest level since the series was first stated on a

NAICS basis in 1992 and followed a 1.6 percent October

increase.

Unfilled orders, up fifteen of the last sixteen months,

increased $5.8 billion or 1.1 percent to $548.8 billion. 

This followed a 0.5 percent October increase. The

unfilled orders-to-shipments ratio was 4.02, up from 3.95

in October.

Inventories, up twelve consecutive months, increased

$3.3 billion or 0.7 percent to $469.7 billion. This

followed a 0.9 percent October increase. The inventoriesto-shipments ratio was unchanged at 1.24.

New Orders

New orders for manufactured durable goods in

November increased $2.7 billion or 1.4 percent to $198.2

billion, revised from the previously published $3.1 billion

increase.

Transportation equipment had the largest increase, 

$4.6 billion or 8.8 percent to $57.3 billion, due to

nondefense aircraft and parts which increased $3.8

billion. 

New orders for manufactured nondurable goods

increased $1.8 billion or 1.0 percent to $179.2 billion. 

Shipments

Shipments of manufactured durable goods in

November decreased $0.2 billion or 0.1 percent to $199.8

billion, revised from the previously published $0.5 billion

decrease.

 Machinery, down following two consecutive increases,

had the largest decrease, $1.1 billion or 4.1 percent to

$25.0 billion. Transportation equipment decreased $0.5

billion or 0.9 percent to $52.7 billion. 

 Shipments of manufactured nondurable goods, up

seven of the last nine months, increased $1.8 billion or

1.0 percent to $179.2 billion. This was at the highest

level since the series began in 1992. Basic chemicals,

up seven of the last nine months, had the largest

increase, $0.8 billion or 1.8 percent to $44.3 billion. 

This was also at the highest level since the series began

in 1992. 

Unfilled Orders

 Unfilled orders of manufactured durable goods in

November, up fifteen of the last sixteen months,

increased $5.8 billion or 1.1 percent to $548.8 billion,

revised from the previously published $6.8 billion

increase. This followed a 0.5 percent October increase.

 Transportation equipment, up following three

consecutive decreases, had the largest increase, $4.6

billion or 1.8 percent to $262.4 billion. This was at the

highest level since June 2001 and followed a 0.2 percent

October decrease.

Inventories

Inventories of manufactured durable goods in

November, up twelve consecutive months, increased

$2.2 billion or 0.8 percent to $282.3 billion, revised

from the previously published $2.7 billion increase.

Transportation equipment, up two consecutive

months, had the largest increase, $1.2 billion or 1.7

percent to $69.9 billion. Machinery, up twelve

consecutive months, increased $0.5 billion or 1.2

percent to $45.5 billion.

Inventories of manufactured nondurable goods, up

ten of the last eleven months, increased $1.1 billion or

0.6 percent to $187.4 billion. Petroleum and coal

products had the largest increase, $0.5 billion or 2.7

percent to $18.9 billion. This was at the highest level

since the series began in 1992. 

By stage of fabrication, November materials and

supplies increased 0.9 percent in durable goods and

decreased slightly in nondurable goods. Work in

process increased 1.1 percent in durable goods and 0.2

percent in nondurable goods. Finished goods increased

0.2 percent in durable goods and 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 Chris Savage or Patrick Kent, Manufacturers’ Shipments, Inventories, and Orders Branch,

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

The advance report on durable goods for December is scheduled for January 27, 2005 at 8:30 A.M. EST and the full report on February 3, 2005

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

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Nov. Oct. Sept. Oct. - Sept. - Aug. - Nov. Oct. Sept. Nov. 2004/

2004p 2004r 2004 Nov. Oct. Sept. 2004p 2004r 2004 2003 2004p 2003 2003

 All manufacturing industries .................. 379,029 377,457 371,479 0.4 1.6 -1.1 373,885 386,445 393,323 333,414 4,049,426 3,653,148 10.8

 Excluding transportation ................... 326,344 324,276 317,697 0.6 2.1 -1.0 321,479 330,501 335,069 281,395 3,453,645 3,085,273 11.9

 Excluding defense .............................. 369,422 367,677 362,067 0.5 1.5 -1.0 364,149 376,928 382,913 324,312 3,943,315 3,555,956 10.9

 With unfilled orders ........................... 136,459 137,392 136,310 -0.7 0.8 -0.7 134,529 139,055 146,766 121,357 1,471,846 1,326,868 10.9

 Durable goods industries ........................ 199,799 200,030 199,341 -0.1 0.3 -1.0 197,231 204,073 215,833 179,050 2,165,058 1,961,356 10.4

 Wood products................................. ...... 8,874 8,942 9,430 -0.8 -5.2 -3.3 8,532 9,339 10,095 8,135 101,732 85,680 18.7

 Nonmetallic mineral products................... 7,851 7,613 7,470 3.1 1.9 -1.2 7,767 8,165 8,064 6,664 84,096 81,206 3.6

 Primary metals............................ .......... 14,742 14,478 14,585 1.8 -0.7 0.5 14,113 14,805 14,955 10,370 152,104 121,029 25.7

 Iron and steel mills............................ 7,124 6,996 7,027 1.8 -0.4 -0.2 6,794 7,070 7,244 4,534 71,336 54,740 30.3

 Aluminum and nonferrous metals......... 5,981 5,864 5,968 2.0 -1.7 1.5 5,751 6,044 6,064 4,630 63,609 52,064 22.2

 Ferrous metal foundries...................... 1,637 1,618 1,590 1.2 1.8 -0.1 1,568 1,691 1,647 1,206 17,159 14,225 20.6

 Fabricated metal products...................... 23,230 22,903 23,195 1.4 -1.3 0.1 22,847 23,947 24,427 19,744 250,378 225,900 10.8

 Machinery............................................. 24,989 26,063 25,369 -4.1 2.7 1.9 23,249 25,661 26,427 19,826 268,090 231,007 16.1

 Farm machinery................................. 1,905 2,010 1,837 -5.2 9.4 -3.3 1,370 1,829 1,834 1,037 19,598 15,425 27.1

 Construction machinery..................... 2,727 2,657 2,650 2.6 0.3 5.4 2,388 2,614 2,507 1,665 26,365 19,329 36.4

 Mining, oil field, and 

 gas field machinery......................... 975 980 963 -0.5 1.8 4.9 904 912 1,043 696 9,569 7,710 24.1

 Industrial machinery.......................... 2,518 3,887 3,315 -35.2 17.3 3.8 2,121 3,829 3,567 2,295 35,293 31,338 12.6

 Photographic equipment...................... 917 864 839 6.1 3.0 -2.7 983 915 922 930 9,779 9,050 8.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,961 2,890 2,937 2.5 -1.6 7.4 2,781 2,710 3,168 2,397 30,918 27,750 11.4

 Metalworking machinery..................... 2,125 1,946 2,120 9.2 -8.2 1.0 2,408 2,141 2,537 1,583 22,620 18,365 23.2

 Turbines, generators, and other

 power transmission equipment....... 3,233 3,350 3,301 -3.5 1.5 -0.1 3,042 3,313 3,470 2,701 34,502 29,175 18.3

 Material handling equipment............... 1,648 1,554 1,530 6.0 1.6 -1.8 1,577 1,568 1,573 1,287 16,595 14,745 12.5

 Computers and electronic products ......... 40,425 40,217 38,889 0.5 3.4 -2.7 40,579 39,282 45,072 36,224 421,493 373,646 12.8

 Computers........................................ 6,077 6,447 5,794 -5.7 11.3 8.5 5,683 7,534 6,550 4,897 61,349 52,927 15.9

 Computer storage devices................... 1,524 1,507 1,546 1.1 -2.5 1.8 1,168 983 2,516 1,026 15,208 13,620 11.7

 Other peripheral equipment................ 1,585 1,611 1,474 -1.6 9.3 -14.1 1,577 1,391 1,897 1,558 16,676 15,812 5.5

 Nondefense communications

 equipment.................................... 6,510 6,362 6,390 2.3 -0.4 -8.4 6,762 5,801 7,244 6,414 69,033 63,160 9.3

 Defense communications equipment... 472 734 502 -35.7 46.2 -1.8 432 695 551 422 5,725 4,694 22.0

 Audio and video equipment.................. 784 763 703 2.8 8.5 -7.7 1,018 941 782 918 7,674 7,498 2.3

 Semiconductors ................................. 7,415 7,236 6,835 2.5 5.9 -8.6 7,797 7,390 7,703 6,599 77,939 64,493 20.8

 Electronic components........................ 4,857 4,575 4,567 6.2 0.2 -0.3 5,349 4,505 4,974 4,636 49,656 45,296 9.6

 Nondefense search and navigation

 equipment..................................... 943 941 939 0.2 0.2 6.6 926 889 1,087 764 9,934 9,135 8.7

 Defense search and navigation

 equipment..................................... 2,851 2,753 2,764 3.6 -0.4 1.2 2,940 2,666 2,955 2,614 29,028 26,462 9.7

 Electromedical, measuring,

 and control instruments................. 6,872 6,743 6,864 1.9 -1.8 -1.3 6,296 5,852 8,255 5,722 73,320 64,931 12.9

 Electrical equipment, appliances, 

 and components................................... 9,043 8,940 8,920 1.2 0.2 -3.0 9,132 8,867 9,966 8,545 97,109 92,358 5.1

 Electric lighting equipment................... 1,100 1,078 1,102 2.0 -2.2 0.6 1,110 1,047 1,233 1,058 11,682 11,296 3.4

 Household appliances........................ 2,096 2,056 2,116 1.9 -2.8 0.9 2,188 1,979 2,302 2,040 22,302 21,567 3.4

 Electrical equipment............................ 2,719 2,700 2,611 0.7 3.4 -3.7 2,587 2,621 2,993 2,341 28,932 27,081 6.8

 Batteries........................................... 515 514 520 0.2 -1.2 0.0 673 586 632 635 5,567 5,181 7.5

 Transportation equipment...................... 52,685 53,181 53,782 -0.9 -1.1 -1.6 52,406 55,944 58,254 52,019 595,781 567,875 4.9

 Automobiles..................................... 7,227 7,074 7,515 2.2 -5.9 -2.2 7,117 7,767 8,210 6,811 83,115 79,724 4.3

 Light trucks and utility vehicles............ 11,175 11,136 11,212 0.4 -0.7 1.4 11,076 12,324 12,312 10,494 125,111 118,330 5.7

 Heavy duty trucks ............................. 1,427 1,296 1,339 10.1 -3.2 4.9 1,311 1,442 1,380 1,014 13,859 11,965 15.8

 Motor vehicle bodies, parts, 

 and trailers.................................... 17,810 17,927 18,216 -0.7 -1.6 -2.1 17,634 19,241 19,054 17,209 203,945 198,811 2.6

 Nondefense aircraft and parts.............. 5,601 6,253 6,306 -10.4 -0.8 -0.1 5,677 5,763 6,994 6,330 64,131 60,771 5.5

 Defense aircraft and parts.................. 3,410 3,487 3,427 -2.2 1.8 -8.0 3,428 3,393 3,924 3,257 39,882 35,703 11.7

 Ships and boats................................. 2,434 2,441 2,319 -0.3 5.3 -1.4 2,536 2,656 2,357 2,395 26,452 23,741 11.4

 Furniture and related products................. 6,392 6,331 6,169 1.0 2.6 -2.4 6,376 6,586 6,458 5,977 68,932 64,197 7.4

 Miscellaneous durable goods................. 11,568 11,362 11,532 1.8 -1.5 1.6 12,230 11,477 12,115 11,546 125,343 118,458 5.8

 Nondurable goods industries................... 179,230 177,427 172,138 1.0 3.1 -1.1 176,654 182,372 177,490 154,364 1,884,368 1,691,792 11.4

 Food products....................................... 41,922 41,478 40,538 1.1 2.3 -1.4 42,889 43,417 42,046 39,922 446,208 421,556 5.8

 Grain and oilseed milling..................... 3,220 3,260 3,228 -1.2 1.0 4.1 3,380 3,345 3,214 4,549 36,869 45,581 -19.1

 Dairy products.................................. 6,605 6,380 6,144 3.5 3.8 -2.9 6,639 6,244 6,322 5,847 70,106 60,050 16.7

 Meat, poultry, and seafood products... 13,166 13,067 12,967 0.8 0.8 0.2 13,317 13,581 13,085 11,274 135,098 122,969 9.9

 Beverage and tobacco products............... 9,220 9,169 9,238 0.6 -0.7 -0.8 9,010 9,107 9,409 8,343 100,171 96,856 3.4

 Beverages......................................... 6,166 6,078 6,128 1.4 -0.8 0.3 5,956 6,016 6,299 5,454 66,265 62,976 5.2

 Tobacco............................................ 3,054 3,091 3,110 -1.2 -0.6 -2.8 3,054 3,091 3,110 2,889 33,906 33,880 0.1

 Textile mills........................................... 3,412 3,394 3,485 0.5 -2.6 -0.1 3,319 3,579 3,766 3,252 38,241 36,764 4.0

 Textile products................................... 3,170 3,162 3,130 0.3 1.0 -0.9 3,158 3,322 3,203 3,005 35,182 32,279 9.0

 Apparel................................................ 4,664 4,683 4,727 -0.4 -0.9 1.5 4,727 5,362 5,065 4,635 52,326 48,973 6.8

 Leather and allied products..................... 845 847 872 -0.2 -2.9 -3.8 879 883 907 963 9,642 9,971 -3.3

 Paper products...................................... 14,632 14,450 14,409 1.3 0.3 -2.0 14,439 14,681 14,784 12,905 158,000 146,163 8.1

 Pulp, paper, and paperboard mills....... 6,158 6,112 6,055 0.8 0.9 0.3 6,071 6,215 6,136 5,351 66,033 63,044 4.7

 Paperboard containers........................ 4,032 3,946 3,930 2.2 0.4 -3.2 3,949 4,103 4,020 3,422 42,624 40,245 5.9

 Printing................................................. 7,808 7,871 7,926 -0.8 -0.7 1.8 8,198 8,511 8,399 8,204 86,811 86,891 -0.1

 Petroleum and coal products.................. 31,829 31,776 29,082 0.2 9.3 0.2 30,285 32,280 29,666 21,132 307,795 221,574 38.9

 Petroleum refineries.......................... 29,346 29,411 26,808 -0.2 9.7 0.3 27,909 29,633 26,988 19,444 282,894 202,423 39.8

 Basic chemicals...................................... 44,348 43,555 41,628 1.8 4.6 -2.7 43,294 43,705 42,802 37,419 463,411 420,132 10.3

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 1,765 1,836 1,822 -3.9 0.8 0.8 1,368 1,384 1,326 1,365 19,090 17,273 10.5

 Pharmaceuticals and medicines............ 10,361 9,937 8,766 4.3 13.4 -12.2 10,733 10,409 9,628 9,889 107,699 108,325 -0.6

 Paints, coatings, and adhesives.......... 2,496 2,472 2,513 1.0 -1.6 -1.7 2,324 2,439 2,594 2,151 28,174 26,436 6.6

 Plastics and rubber products.................. 17,380 17,042 17,103 2.0 -0.4 -0.7 16,456 17,525 17,443 14,584 186,581 170,633 9.3

p Preliminary r

 Revised NA Not available.

1

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

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

Year to date
 4

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Nov. Oct. Sept. Oct. - Sept. - Aug. - Nov. Oct. Sept. Nov. 2004/

2004p 2004r 2004 Nov. Oct. Sept. 2004p 2004r 2004 2003 2004p 2003 2003

All manufacturing industries 2................... 377,424 372,953 369,578 1.2 0.9 0.0 371,158 379,886 386,534 330,467 4,007,124 3,603,305 11.2

 Excluding transportation 2................... 320,140 320,300 316,980 0.0 1.0 0.6 314,607 326,073 330,956 278,096 3,406,046 3,035,714 12.2

 Excluding defense 2

............................. 367,336 359,250 357,888 2.3 0.4 -0.6 361,675 367,425 375,506 320,207 3,898,176 3,498,649 11.4

 With unfilled orders 2

.......................... 142,269 140,124 141,244 1.5 -0.8 1.8 139,599 139,886 147,680 125,009 1,507,483 1,341,518 12.4

 Durable goods industries 2........................ 198,194 195,526 197,440 1.4 -1.0 1.0 194,504 197,514 209,044 176,103 2,122,756 1,911,513 11.1

 Primary metals............................ ............ 14,742 14,199 14,449 3.8 -1.7 -3.2 13,940 13,606 14,439 11,018 154,561 122,113 26.6

 Iron and steel mills.............................. 7,044 6,597 6,816 6.8 -3.2 -7.3 6,655 5,892 6,876 5,135 72,281 55,919 29.3

 Aluminum and nonferrous metals......... 6,010 5,980 6,013 0.5 -0.5 0.7 5,654 6,004 5,921 4,661 64,730 51,831 24.9

 Ferrous metal foundries...................... 1,688 1,622 1,620 4.1 0.1 0.7 1,631 1,710 1,642 1,222 17,550 14,363 22.2

 Fabricated metal products...................... 23,384 23,740 23,228 -1.5 2.2 -1.4 22,750 24,593 23,431 20,465 257,138 226,891 13.3

 Machinery............................................. 25,598 26,977 26,196 -5.1 3.0 3.4 23,981 26,667 26,882 20,893 275,308 230,836 19.3

 Construction machinery....................... 2,913 2,925 2,810 -0.4 4.1 3.5 2,716 2,879 2,505 2,063 28,302 19,829 42.7

 Mining, oil field, and

 gas field machinery......................... 1,100 962 945 14.3 1.8 6.7 1,029 894 1,025 809 9,969 7,929 25.7

 Industrial machinery............................ 2,656 3,992 3,913 -33.5 2.0 15.4 2,235 4,210 3,920 2,279 37,416 31,396 19.2

 Photographic equipment...................... 906 896 850 1.1 5.4 0.0 975 957 914 960 9,860 9,315 5.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,981 2,848 2,940 4.7 -3.1 8.8 2,798 2,606 3,019 2,372 31,138 28,162 10.6

 Metalworking machinery....................... 2,092 1,976 2,131 5.9 -7.3 2.2 2,413 2,292 2,489 1,764 23,235 18,724 24.1

 Turbines, generators, and other 

 power transmission equipment.......... 3,139 3,280 3,256 -4.3 0.7 -8.9 2,954 3,163 3,404 3,062 34,848 26,856 29.8

 Material handling equipment............... 1,720 1,647 1,618 4.4 1.8 4.5 1,657 1,589 1,920 1,304 16,818 14,539 15.7

 Computers and electronic products 2...... 32,423 34,382 36,878 -5.7 -6.8 13.2 32,037 33,954 41,752 29,924 353,032 319,790 10.4

 Computers........................................ 6,062 5,699 6,758 6.4 -15.7 32.6 6,015 6,779 7,355 5,204 61,124 53,674 13.9

 Nondefense communications

 equipment...................................... 6,075 6,192 6,140 -1.9 0.8 -8.2 6,240 6,228 7,111 5,469 67,318 70,561 -4.6

 Defense communications equipment... 397 4,030 3,430 -90.1 17.5 822.0 357 3,991 3,479 522 11,755 5,054 132.6

 Semiconductors 2

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

 Electronic components........................ 4,539 4,090 4,351 11.0 -6.0 -13.2 4,798 3,885 4,764 4,795 50,267 43,496 15.6

 Nondefense search and navigation

 equipment..................................... 987 700 1,140 41.0 -38.6 6.9 918 688 1,260 824 10,250 9,391 9.1

 Defense search and navigation

 equipment...................................... 3,026 2,851 3,084 6.1 -7.6 12.3 3,021 2,446 3,307 2,844 30,467 27,503 10.8

 Electromedical, measuring,

 and control instruments.................... 6,909 6,394 7,741 8.1 -17.4 9.4 6,294 5,987 8,723 6,110 76,342 67,563 13.0

 Electrical equipment, appliances, 

 and components................................... 9,333 8,896 9,176 4.9 -3.1 -2.8 9,467 8,904 9,958 8,389 99,218 92,504 7.3

 Electric lighting equipment................... 1,221 1,154 1,196 5.8 -3.5 -8.7 1,205 1,124 1,270 967 12,287 11,197 9.7

 Household appliances.......................... 2,196 1,961 2,082 12.0 -5.8 -9.1 2,446 1,849 2,224 2,119 22,608 21,629 4.5

 Electrical equipment............................ 2,738 2,744 2,734 -0.2 0.4 2.7 2,564 2,783 3,023 2,203 29,641 27,545 7.6

 Transportation equipment........................ 57,284 52,653 52,598 8.8 0.1 -3.5 56,551 53,813 55,578 52,371 601,078 567,591 5.9

 Motor vehicle bodies, parts, 

 and trailers..................................... 17,668 17,407 18,346 1.5 -5.1 -2.8 17,724 18,493 19,007 17,760 204,641 199,636 2.5

 Nondefense aircraft and parts.............. 9,587 5,837 5,557 64.2 5.0 -17.1 9,610 4,589 6,634 5,111 72,362 52,280 38.4

 Defense aircraft and parts................... 3,389 3,303 2,407 2.6 37.2 -13.4 2,848 2,621 2,141 3,126 31,804 38,824 -18.1

 Ships and boats.................................. 2,838 2,529 1,833 12.2 38.0 -15.6 3,089 2,975 1,534 3,500 25,014 22,925 9.1

 Furniture and related products................. 6,538 6,363 6,220 2.8 2.3 -1.4 6,650 6,597 6,467 6,158 70,022 64,670 8.3

 Nondurable goods industries.................. 179,230 177,427 172,138 1.0 3.1 -1.1 176,654 182,372 177,490 154,364 1,884,368 1,691,792 11.4

p

 Preliminary r Revised NA Not available.

1

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

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

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

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

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

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

Year to date
 5 

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Nov. Oct. Sept. Oct. - Sept. - Aug. - Nov. Oct. Sept. Nov. Nov.

2004p 2004r 2004 Nov. Oct. Sept. 2004p 2004r 2004 2003 04/03

All manufacturing industries 1................... 548,786 542,976 540,244 1.1 0.5 0.9 538,053 532,983 532,152 495,329 8.6

 Excluding transportation 1

................... 286,367 285,156 281,896 0.4 1.2 2.2 281,475 280,550 277,588 251,197 12.1

 Excluding defense 1

............................. 382,216 376,887 378,078 1.4 -0.3 0.7 377,259 371,936 374,049 343,320 9.9

 Durable goods industries 1

........................ 548,786 542,976 540,244 1.1 0.5 0.9 538,053 532,983 532,152 495,329 8.6

 Primary metals........................................ 19,728 19,728 20,007 0.0 -1.4 -0.7 18,459 18,632 19,831 15,543 18.8

 Iron and steel mills.............................. 10,970 11,050 11,449 -0.7 -3.5 -1.8 10,212 10,351 11,529 8,979 13.7

 Aluminum and nonferrous metals......... 5,997 5,968 5,852 0.5 2.0 0.8 5,539 5,636 5,676 4,248 30.4

 Ferrous metal foundries...................... 2,761 2,710 2,706 1.9 0.1 1.1 2,708 2,645 2,626 2,316 16.9

 Fabricated metal products...................... 45,821 45,667 44,830 0.3 1.9 0.1 44,781 44,878 44,232 37,891 18.2

 Machinery.............................................. 50,825 50,216 49,302 1.2 1.9 1.7 50,100 49,368 48,362 42,249 18.6

 Construction machinery....................... 4,942 4,756 4,488 3.9 6.0 3.7 4,643 4,315 4,050 2,509 85.1

 Mining, oil field, and

 gas field machinery......................... 1,462 1,337 1,355 9.3 -1.3 -1.3 1,462 1,337 1,355 1,117 30.9

 Industrial machinery............................ 9,541 9,403 9,298 1.5 1.1 6.9 9,461 9,347 8,966 7,530 25.6

 Photographic equipment...................... 907 918 886 -1.2 3.6 1.3 908 916 874 819 10.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,643 4,623 4,665 0.4 -0.9 0.1 4,467 4,450 4,554 4,408 1.3

 Metalworking machinery....................... 4,555 4,588 4,558 -0.7 0.7 0.2 4,575 4,570 4,419 4,002 14.3

 Turbines, generators, and other 

 power transmission equipment.......... 9,763 9,857 9,927 -1.0 -0.7 -0.5 9,684 9,772 9,922 8,411 15.1

 Material handling equipment............... 5,136 5,064 4,971 1.4 1.9 1.8 5,084 5,004 4,983 4,683 8.6

 Computers and electronic products 1

...... 140,610 141,197 139,796 -0.4 1.0 3.6 138,634 139,379 137,317 129,454 7.1

 Computers......................................... 8,296 8,311 9,059 -0.2 -8.3 11.9 8,580 8,248 9,003 8,871 -3.3

 Nondefense communications

 equipment...................................... 45,262 45,697 45,867 -1.0 -0.4 -0.5 44,665 45,187 44,760 49,206 -9.2

 Defense communications equipment... 9,419 9,494 6,198 -0.8 53.2 89.5 9,419 9,494 6,198 3,302 185.3

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

 Electronic components.......................... 14,810 15,128 15,613 -2.1 -3.1 -1.4 14,540 15,091 15,711 13,684 6.3

 Nondefense search and navigation

 equipment..................................... 4,976 4,932 5,173 0.9 -4.7 4.0 4,897 4,905 5,106 4,745 3.2

 Defense search and navigation

 equipment...................................... 38,768 38,593 38,495 0.5 0.3 0.8 37,513 37,432 37,652 34,675 8.2

 Electromedical, measuring,

 and control instruments.................... 19,079 19,042 19,391 0.2 -1.8 4.7 19,020 19,022 18,887 14,971 27.0

 Electrical equipment, appliances, 

 and components................................... 15,535 15,245 15,289 1.9 -0.3 1.7 15,524 15,189 15,152 13,938 11.4

 Electric lighting equipment................... 1,894 1,773 1,697 6.8 4.5 5.9 1,862 1,767 1,690 1,356 37.3

 Household appliances.......................... 961 861 956 11.6 -9.9 -3.4 1,073 815 945 961 11.7

 Electrical equipment............................ 8,974 8,955 8,911 0.2 0.5 1.4 8,982 9,005 8,843 8,535 5.2

 Transportation equipment........................ 262,419 257,820 258,348 1.8 -0.2 -0.5 256,578 252,433 254,564 244,132 5.1

 Motor vehicle bodies, parts, 

 and trailers..................................... 14,805 14,947 15,467 -1.0 -3.4 0.8 14,316 14,226 14,974 12,958 10.5

 Nondefense aircraft and parts.............. 114,194 110,208 110,624 3.6 -0.4 -0.7 113,302 109,369 110,543 103,003 10.0

 Defense aircraft and parts................... 55,057 55,078 55,262 0.0 -0.3 -1.8 52,692 53,272 54,044 59,085 -10.8

 Ships and boats.................................. 19,590 19,186 19,098 2.1 0.5 -2.5 19,023 18,470 18,151 19,832 -4.1

 Furniture and related products................. 6,317 6,171 6,139 2.4 0.5 0.8 6,446 6,172 6,161 5,727 12.6

p

 Preliminary r Revised NA Not available.

1

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

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

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Nov. Oct. Sept. Oct. - Sept. - Aug. - Nov. Oct. Sept. Nov. Nov.

2004p 2004r 2004 Nov. Oct. Sept. 2004p 2004r 2004 2003 04/03

 All manufacturing industries..................... 469,679 466,386 462,377 0.7 0.9 0.1 471,107 469,939 463,013 439,491 7.2

 Excluding transportation...................... 399,801 397,684 393,820 0.5 1.0 0.2 400,748 400,585 394,091 371,927 7.7

 Excluding defense............................. 445,241 442,147 438,219 0.7 0.9 0.0 446,599 445,569 438,750 415,944 7.4

 With unfilled orders............................. 220,613 218,656 216,623 0.9 0.9 0.3 221,871 219,790 215,943 205,635 7.9

 Durable goods industries........................ 282,291 280,101 278,013 0.8 0.8 0.3 283,363 281,044 277,040 262,264 8.0

 Wood products........................................ 10,158 10,201 10,285 -0.4 -0.8 -0.3 10,176 10,184 10,290 9,701 4.9

 Nonmetallic mineral products................... 9,594 9,612 9,412 -0.2 2.1 0.5 9,329 9,320 9,244 8,995 3.7

 Primary metals........................................ 21,201 20,823 20,161 1.8 3.3 2.6 21,422 20,932 20,114 17,343 23.5

 Iron and steel mills.............................. 12,191 11,947 11,398 2.0 4.8 4.8 12,434 12,086 11,410 9,236 34.6

 Aluminum and nonferrous metals......... 7,091 6,976 6,896 1.6 1.2 -0.3 7,115 6,995 6,895 6,490 9.6

 Ferrous metal foundries...................... 1,919 1,900 1,867 1.0 1.8 1.2 1,873 1,851 1,809 1,617 15.8

 Fabricated metal products......................... 34,871 34,664 34,339 0.6 0.9 1.0 34,652 34,587 34,238 30,778 12.6

 Machinery.............................................. 45,530 44,994 44,925 1.2 0.2 0.5 45,974 45,126 44,637 41,579 10.6

 Farm machinery.................................. 2,579 2,451 2,426 5.2 1.0 1.1 2,557 2,275 2,309 2,172 17.7

 Construction machinery........................ 4,210 4,178 4,138 0.8 1.0 0.5 4,250 4,180 4,092 3,498 21.5

 Mining, oil field, 

 and gas field machinery.................. 2,281 2,256 2,263 1.1 -0.3 -3.4 2,282 2,263 2,265 2,270 0.5

 Industrial machinery............................ 7,020 6,912 7,092 1.6 -2.5 -0.2 7,105 6,849 7,029 6,679 6.4

 Photographic equipment...................... 1,401 1,395 1,431 0.4 -2.5 1.0 1,419 1,438 1,460 1,408 0.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,550 4,504 4,485 1.0 0.4 0.3 4,566 4,522 4,417 4,162 9.7

 Metalworking machinery....................... 4,410 4,402 4,371 0.2 0.7 1.3 4,415 4,497 4,412 4,394 0.5

 Turbines, generators, and other

 power transmission equipment.......... 5,024 4,879 4,813 3.0 1.4 1.1 5,304 5,074 4,855 4,162 27.4

 Material handling equipment............... 2,665 2,630 2,529 1.3 4.0 3.4 2,709 2,634 2,520 2,358 14.9

 Computers and electronic products......... 49,561 49,648 49,095 -0.2 1.1 0.2 50,139 50,070 48,606 47,613 5.3

 Computers......................................... 2,665 2,672 2,757 -0.3 -3.1 5.5 2,781 2,613 2,963 2,490 11.7

 Computer storage devices................... 1,337 1,329 1,291 0.6 2.9 4.3 1,459 1,384 1,198 1,297 12.5

 Other peripheral equipment................ 2,391 2,411 2,391 -0.8 0.8 -1.6 2,501 2,549 2,352 2,491 0.4

 Nondefense communications

 equipment...................................... 9,844 9,869 9,615 -0.3 2.6 -0.5 10,153 9,928 9,541 10,092 0.6

 Defense communications equipment...... 1,130 1,185 1,183 -4.6 0.2 -2.7 1,130 1,185 1,183 1,250 -9.6

 Audio and video equipment.................. 1,124 1,091 1,105 3.0 -1.3 1.5 1,237 1,272 1,237 1,037 19.3

 Semiconductors1

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

 Electronic components.......................... 7,973 8,045 7,734 -0.9 4.0 -2.4 7,833 8,126 7,436 7,325 6.9

 Nondefense search and navigation

 equipment...................................... 2,552 2,538 2,517 0.6 0.8 1.8 2,585 2,571 2,505 2,543 1.7

 Defense search and navigation

 equipment...................................... 2,840 2,854 2,899 -0.5 -1.6 1.8 2,819 2,886 2,899 2,810 0.3

 Electromedical, measuring 

 and control instruments.................... 10,559 10,435 10,306 1.2 1.3 0.4 10,644 10,415 10,107 10,413 2.2

 Electrical equipment, appliances, 

 and components................................... 12,928 12,993 13,059 -0.5 -0.5 0.1 12,800 12,859 12,685 12,253 4.5

 Electric lighting equipment................... 1,495 1,482 1,477 0.9 0.3 -0.3 1,482 1,472 1,457 1,388 6.8

 Household appliances.......................... 2,282 2,360 2,376 -3.3 -0.7 -1.0 2,242 2,331 2,260 2,065 8.6

 Electrical equipment............................ 4,496 4,456 4,498 0.9 -0.9 0.3 4,504 4,405 4,335 4,115 9.5

 Batteries............................................ 639 646 648 -1.1 -0.3 4.0 607 653 655 552 10.0

 Transportation equipment...................... 69,878 68,702 68,557 1.7 0.2 -0.7 70,359 69,354 68,922 67,564 4.1

 Automobiles....................................... 2,169 2,200 2,254 -1.4 -2.4 0.4 2,095 2,163 2,332 1,750 19.7

 Light trucks and utility vehicles............ 2,613 2,525 2,610 3.5 -3.3 4.7 2,662 2,555 2,694 2,336 14.0

 Heavy duty trucks .............................. 828 836 827 -1.0 1.1 2.9 843 858 858 756 11.5

 Motor vehicle bodies, parts, 

 and trailers..................................... 16,543 16,394 16,256 0.9 0.8 0.8 16,451 16,313 16,226 15,295 7.6

 Nondefense aircraft and parts.............. 23,705 23,044 23,092 2.9 -0.2 -4.4 24,168 23,641 23,221 24,652 -2.0

 Defense aircraft and parts..................... 11,841 11,840 11,729 0.0 0.9 1.9 11,887 11,927 11,764 11,135 6.8

 Ships and boats.................................. 3,313 3,210 3,254 3.2 -1.4 3.8 3,313 3,202 3,239 2,896 14.4

 Furniture and related products................. 8,483 8,476 8,340 0.1 1.6 0.8 8,484 8,507 8,380 7,636 11.1

 Miscellaneous durable goods.................... 20,087 19,988 19,840 0.5 0.7 0.6 20,028 20,105 19,924 18,802 6.5

 Nondurable goods industries................... 187,388 186,285 184,364 0.6 1.0 -0.3 187,744 188,895 185,973 177,227 5.9

 Food products........................................ 33,712 33,790 33,757 -0.2 0.1 -0.5 35,182 36,174 34,516 35,041 0.4

 Grain and oilseed milling..................... 2,749 2,790 2,915 -1.5 -4.3 3.3 2,825 2,984 2,780 3,811 -25.9

 Dairy products.................................... 3,906 3,928 3,968 -0.6 -1.0 -0.4 3,717 3,893 3,953 3,428 8.4

 Meat, poultry, and seafood products...... 6,317 6,251 6,338 1.1 -1.4 -1.2 6,499 6,512 6,448 6,380 1.9

 Beverage and tobacco products............... 14,882 14,977 15,143 -0.6 -1.1 0.0 15,167 15,466 15,411 15,147 0.1

 Beverages......................................... 10,329 10,386 10,453 -0.5 -0.6 -0.2 10,471 10,735 10,691 10,224 2.4

 Tobacco............................................ 4,553 4,591 4,690 -0.8 -2.1 0.5 4,696 4,731 4,720 4,923 -4.6

 Textile mills........................................... 4,767 4,777 4,810 -0.2 -0.7 -0.4 4,685 4,695 4,754 4,941 -5.2

 Textile products...................................... 5,241 5,258 5,230 -0.3 0.5 0.6 5,114 5,221 5,266 4,972 2.9

 Apparel................................................. 7,346 7,299 7,273 0.6 0.4 1.7 7,057 7,242 7,441 6,844 3.1

 Leather and allied products..................... 1,653 1,642 1,605 0.7 2.3 0.7 1,641 1,642 1,628 1,680 -2.3

 Paper products....................................... 14,941 14,917 14,676 0.2 1.6 -0.5 14,917 14,826 14,657 14,593 2.2

 Pulp, paper, and paperboard mills.......... 6,295 6,322 6,303 -0.4 0.3 0.8 6,295 6,246 6,259 6,599 -4.6

 Paperboard containers........................ 4,555 4,516 4,304 0.9 4.9 -3.1 4,527 4,504 4,340 4,041 12.0

 Printing.................................................. 6,771 6,796 6,686 -0.4 1.6 2.3 6,844 7,105 7,007 6,252 9.5

 Petroleum and coal products..................... 18,946 18,445 17,311 2.7 6.6 -0.9 18,518 18,695 17,836 14,870 24.5

 Petroleum refineries............................. 17,149 16,665 15,585 2.9 6.9 -1.2 16,743 16,952 16,117 13,302 25.9

 Basic chemicals...................................... 56,066 55,586 55,498 0.9 0.2 -1.4 55,798 55,208 55,271 53,081 5.1

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,396 2,384 2,359 0.5 1.1 -1.0 2,366 2,215 2,104 2,189 8.1

 Pharmaceuticals and medicines............ 22,235 22,173 22,566 0.3 -1.7 -3.6 22,232 22,225 22,676 21,443 3.7

 Paints, coatings, and adhesives............. 2,888 2,850 2,844 1.3 0.2 0.2 2,809 2,806 2,807 2,648 6.1

 Plastics and rubber products..................... 23,063 22,798 22,375 1.2 1.9 1.7 22,821 22,621 22,186 19,806 15.2

p

 Preliminary r Revised NA Not available.

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

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

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

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

Nov. Oct. Sept. Oct. - Sept. - Aug. - Nov. Oct. Sept. Nov. 2004/

2004p 2004r 2004 Nov. Oct. Sept. 2004p 2004r 2004 2003 2004p 2003 2003

SHIPMENTS

 All manufacturing industries .................. 379,029 377,457 371,479 0.4 1.6 -1.1 373,885 386,445 393,323 333,414 4,049,426 3,653,148 10.8

 Construction materials and supplies...... 39,780 39,254 39,854 1.3 -1.5 -0.8 38,626 41,123 42,687 33,889 434,004 388,700 11.7

 Information technology......................... 31,683 31,862 30,897 -0.6 3.1 -2.1 30,990 30,936 36,123 28,390 332,303 300,140 10.7

 Computers and related products .......... 9,186 9,565 8,814 -4.0 8.5 2.8 8,428 9,908 10,963 7,481 93,233 82,359 13.2

 Motor vehicle and parts........................ 37,639 37,433 38,282 0.6 -2.2 -0.9 37,138 40,774 40,956 35,528 426,030 408,830 4.2

 Capital goods...................................... 72,359 74,127 72,403 -2.4 2.4 -0.8 70,025 72,576 79,908 64,186 776,817 698,182 11.3

 Nondefense capital goods 3.................. 64,146 65,798 64,357 -2.5 2.2 -0.3 61,675 64,408 71,230 56,457 686,144 615,266 11.5

 Excluding aircraft............................. 62,077 63,207 61,753 -1.8 2.4 -0.3 59,493 62,244 68,462 53,325 660,320 587,823 12.3

 Defense capital goods 4....................... 8,213 8,329 8,046 -1.4 3.5 -4.5 8,350 8,168 8,678 7,729 90,673 82,916 9.4

 Consumer goods.................................. 145,885 144,424 140,215 1.0 3.0 -1.4 146,017 150,328 146,302 129,748 1,544,461 1,399,718 10.3

 Consumer durable goods..................... 34,915 34,421 34,875 1.4 -1.3 -0.2 35,381 36,827 37,476 33,445 386,104 366,953 5.2

 Consumer nondurable goods............... 110,970 110,003 105,340 0.9 4.4 -1.8 110,636 113,501 108,826 96,303 1,158,357 1,032,765 12.2

 All manufacturing industries 5

................. 377,424 372,953 369,578 1.2 0.9 0.0 371,158 379,886 386,534 330,467 4,007,124 3,603,305 11.2

 Construction materials and supplies...... 39,889 39,868 39,620 0.1 0.6 -2.0 38,498 41,526 41,435 34,291 438,798 389,618 12.6

 Information technology......................... 31,453 33,711 36,021 -6.7 -6.4 15.9 30,793 33,588 40,711 28,554 341,740 312,561 9.3

 Computers and related products .......... 9,171 8,817 9,778 4.0 -9.8 17.4 8,760 9,153 11,768 7,788 93,008 83,106 11.9

 Motor vehicle and parts........................ 37,497 36,913 38,412 1.6 -3.9 -1.2 37,228 40,026 40,909 36,079 426,726 409,655 4.2

 Capital goods...................................... 78,168 77,539 77,770 0.8 -0.3 6.0 75,437 75,791 83,228 65,104 802,849 711,489 12.8

 Nondefense capital goods 3.................. 69,549 64,911 67,076 7.1 -3.2 3.2 67,222 64,065 73,348 56,343 706,431 621,532 13.7

 Excluding aircraft............................. 62,960 62,482 65,069 0.8 -4.0 5.4 60,573 62,821 70,788 54,051 671,221 600,327 11.8

 Defense capital goods 4....................... 8,619 12,628 10,694 -31.7 18.1 27.5 8,215 11,726 9,880 8,761 96,418 89,957 7.2

 Consumer goods.................................. 146,810 144,580 140,494 1.5 2.9 -1.4 147,205 150,367 146,493 130,436 1,546,326 1,400,849 10.4

 Consumer durable goods..................... 35,840 34,577 35,154 3.7 -1.6 -0.1 36,569 36,866 37,667 34,133 387,969 368,084 5.4

 Consumer nondurable goods.............. 110,970 110,003 105,340 0.9 4.4 -1.8 110,636 113,501 108,826 96,303 1,158,357 1,032,765 12.2

 All manufacturing industries 5................. 548,786 542,976 540,244 1.1 0.5 0.9 538,053 532,983 532,152 495,329 (X) (X) 8.6

 Construction materials and supplies...... 37,624 37,515 36,901 0.3 1.7 -0.6 36,663 36,791 36,388 32,051 (X) (X) 14.4

 Information technology......................... 130,413 130,643 128,794 -0.2 1.4 4.1 128,609 128,806 126,154 119,675 (X) (X) 7.5

 Computers and related products .......... 8,296 8,311 9,059 -0.2 -8.3 11.9 8,580 8,248 9,003 8,871 (X) (X) -3.3

 Motor vehicle and parts........................ 14,805 14,947 15,467 -1.0 -3.4 0.8 14,316 14,226 14,974 12,958 (X) (X) 10.5

 Capital goods...................................... 390,882 385,073 381,661 1.5 0.9 1.4 383,829 378,417 375,202 352,018 (X) (X) 9.0

 Nondefense capital goods 3..................241,924 236,521 237,408 2.3 -0.4 1.2 239,834 234,287 234,630 219,668 (X) (X) 9.2

 Excluding aircraft............................. 151,383 150,500 151,225 0.6 -0.5 2.2 150,185 149,105 148,528 140,775 (X) (X) 6.7

 Defense capital goods 4....................... 148,958 148,552 144,253 0.3 3.0 1.9 143,995 144,130 140,572 132,350 (X) (X) 8.8

 Consumer goods.................................. 14,400 13,475 13,319 6.9 1.2 2.1 14,476 13,288 13,249 12,998 (X) (X) 11.4

 Consumer durable goods..................... 14,400 13,475 13,319 6.9 1.2 2.1 14,476 13,288 13,249 12,998 (X) (X) 11.4 

 All manufacturing industries .................. 469,679 466,386 462,377 0.7 0.9 0.1 471,107 469,939 463,013 439,491 (X) (X) 7.2

 Construction materials and supplies...... 51,088 50,821 50,441 0.5 0.8 0.6 50,606 50,373 50,087 45,759 (X) (X) 10.6

 Information technology......................... 40,296 40,277 40,019 0.0 0.6 0.6 41,118 40,701 39,901 40,415 (X) (X) 1.7

 Computers and related products .......... 6,393 6,412 6,439 -0.3 -0.4 2.5 6,741 6,546 6,513 6,278 (X) (X) 7.4

 Motor vehicle and parts........................ 22,153 21,955 21,947 0.9 0.0 1.3 22,051 21,889 22,110 20,137 (X) (X) 9.5

 Capital goods...................................... 130,750 129,087 128,690 1.3 0.3 -0.1 132,514 129,927 128,288 125,836 (X) (X) 5.3

 Nondefense capital goods 3

..................110,927 109,534 109,235 1.3 0.3 -0.3 112,662 110,408 108,832 106,691 (X) (X) 5.6

 Excluding aircraft............................. 93,843 92,985 92,513 0.9 0.5 0.6 95,131 93,347 91,949 89,143 (X) (X) 6.7

 Defense capital goods 4....................... 19,823 19,553 19,455 1.4 0.5 0.9 19,852 19,519 19,456 19,145 (X) (X) 3.7

 Consumer goods.................................. 143,223 142,833 142,105 0.3 0.5 -0.4 144,076 146,084 144,128 136,694 (X) (X) 5.4

 Consumer durable goods..................... 29,812 29,832 29,797 -0.1 0.1 1.1 29,692 30,020 29,962 26,861 (X) (X) 10.5

 Consumer nondurable goods............... 113,411 113,001 112,308 0.4 0.6 -0.8 114,384 116,064 114,166 109,833 (X) (X) 4.1

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories. 2

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

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

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

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

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

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

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

and search and navigation equipment. 5 Estimates and percent changes exclude semiconductor industry data. 6

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

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

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 8

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

 

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Nov. Oct. Sept. Oct. - Sept. - Aug. - Nov. Oct. Sept. Nov. Nov.

2004p 2004r 2004 Nov. Oct. Sept. 2004p 2004r 2004 2003 04/03

MATERIALS AND SUPPLIES

 All manufacturing industries ..................... 154,686 153,856 151,950 0.5 1.3 0.4 154,934 154,523 151,911 143,022 8.3

 Durable goods industries ........................ 93,555 92,714 91,382 0.9 1.5 0.8 94,045 93,121 91,344 84,077 11.9

 Wood products................................... 3,827 3,885 3,903 -1.5 -0.5 -1.3 4,115 4,173 4,039 3,970 3.7

 Nonmetallic mineral products............... 3,385 3,378 3,359 0.2 0.6 0.0 3,390 3,394 3,376 3,253 4.2

 Primary metals.................................... 8,278 8,035 7,846 3.0 2.4 3.4 8,500 8,234 7,906 5,844 45.4

 Fabricated metal products..................... 13,548 13,352 13,115 1.5 1.8 2.3 13,462 13,262 13,185 10,953 22.9

 Machinery.......................................... 13,849 13,577 13,378 2.0 1.5 1.7 13,893 13,658 13,307 12,253 13.4

 Computers and electronic products ...... 17,414 17,302 16,826 0.6 2.8 -1.1 17,374 17,208 16,649 16,472 5.5

 Electrical equipment, appliances,

 and components.............................. 4,854 4,881 4,820 -0.6 1.3 0.8 4,847 4,840 4,706 4,617 5.0

 Transportation equipment.................. 17,957 17,879 17,805 0.4 0.4 -0.2 18,046 17,920 17,834 17,255 4.6

 Furniture and related products............ 3,649 3,659 3,644 -0.3 0.4 2.5 3,641 3,637 3,645 3,238 12.4

 Miscellaneous products........................ 6,794 6,766 6,686 0.4 1.2 1.6 6,777 6,795 6,697 6,222 8.9

 Nondurable goods industries.................... 61,131 61,142 60,568 0.0 0.9 -0.3 60,889 61,402 60,567 58,945 3.3

 Food products.................................... 9,619 9,746 9,654 -1.3 1.0 1.6 9,755 10,014 9,461 11,033 -11.6

 Beverage and tobacco products............ 5,370 5,352 5,407 0.3 -1.0 1.1 5,228 5,229 5,333 5,385 -2.9

 Textiles.............................................. 1,333 1,293 1,338 3.1 -3.4 -1.2 1,311 1,269 1,333 1,353 -3.1

 Textile products.................................. 1,901 1,909 1,886 -0.4 1.2 0.7 1,864 1,899 1,912 1,740 7.1

 Apparel............................................. 1,626 1,639 1,664 -0.8 -1.5 1.1 1,618 1,639 1,655 1,633 -0.9

 Leather and allied products................... 464 465 450 -0.2 3.3 -0.2 462 466 454 445 3.8

 Paper products................................... 6,453 6,468 6,487 -0.2 -0.3 -0.3 6,460 6,505 6,544 6,726 -4.0

 Printing ............................................. 2,968 2,924 2,918 1.5 0.2 1.3 2,995 3,032 3,046 2,695 11.1

 Petroleum and coal products............... 5,931 5,745 5,500 3.2 4.5 -0.8 5,770 5,748 5,541 4,180 38.0

 Basic chemicals................................... 17,461 17,688 17,413 -1.3 1.6 -2.3 17,443 17,674 17,422 16,586 5.2

 Plastics and rubber products............... 8,005 7,913 7,851 1.2 0.8 0.2 7,983 7,927 7,866 7,169 11.4

WORK IN PROCESS

 All manufacturing industries ..................... 133,276 132,070 130,791 0.9 1.0 -1.1 134,945 134,411 131,332 129,437 4.3

 Durable goods industries ........................ 101,757 100,605 99,816 1.1 0.8 -0.8 102,695 101,605 99,918 96,702 6.2

 Wood products................................... 1,954 2,027 2,006 -3.6 1.0 3.5 1,947 2,023 2,014 1,924 1.2

 Nonmetallic mineral products............... 1,155 1,168 1,173 -1.1 -0.4 -0.6 1,080 1,109 1,136 1,123 -3.8

 Primary metals.................................... 6,884 6,832 6,627 0.8 3.1 2.6 6,911 6,874 6,609 5,825 18.6

 Fabricated metal products..................... 10,011 9,886 9,752 1.3 1.4 0.4 10,025 9,925 9,766 9,395 6.7

 Machinery.......................................... 15,793 15,618 15,663 1.1 -0.3 -0.1 16,129 15,851 15,745 14,932 8.0

 Computers and electronic products ...... 19,749 19,890 19,617 -0.7 1.4 -1.1 20,057 20,123 19,512 18,470 8.6

 Electrical equipment, appliances,

 and components.............................. 3,016 2,933 3,009 2.8 -2.5 -1.1 2,957 2,873 2,940 2,847 3.9

 Transportation equipment.................. 38,271 37,416 37,233 2.3 0.5 -1.8 38,640 37,987 37,416 37,568 2.9

 Furniture and related products............ 1,610 1,594 1,568 1.0 1.7 -5.3 1,606 1,585 1,569 1,497 7.3

 Miscellaneous products........................ 3,314 3,241 3,168 2.3 2.3 0.2 3,343 3,255 3,211 3,121 7.1

 Nondurable goods industries.................... 31,519 31,465 30,975 0.2 1.6 -2.1 32,250 32,806 31,414 32,735 -1.5

 Food products.................................... 3,424 3,382 3,284 1.2 3.0 -2.8 3,933 4,071 3,185 3,382 16.3

 Beverage and tobacco products............ 4,757 4,856 4,960 -2.0 -2.1 -0.7 5,101 5,337 5,225 5,081 0.4

 Textiles.............................................. 1,262 1,271 1,262 -0.7 0.7 -0.4 1,245 1,258 1,261 1,265 -1.6

 Textile products.................................. 667 679 666 -1.8 2.0 -2.3 658 678 669 681 -3.4

 Apparel............................................. 1,099 1,132 1,167 -2.9 -3.0 -0.8 1,088 1,106 1,142 1,206 -9.8

 Leather and allied products................... 157 166 166 -5.4 0.0 -2.4 162 170 163 198 -18.2

 Paper products................................... 1,319 1,310 1,267 0.7 3.4 -0.8 1,291 1,278 1,272 1,154 11.9

 Printing ............................................. 1,847 1,938 1,852 -4.7 4.6 3.5 1,897 2,103 1,954 1,834 3.4

 Petroleum and coal products............... 3,906 3,923 3,473 -0.4 13.0 -0.1 3,788 4,080 3,566 4,353 -13.0

 Basic chemicals................................... 10,417 10,211 10,268 2.0 -0.6 -5.1 10,389 10,108 10,356 11,107 -6.5

 Plastics and rubber products............... 2,664 2,597 2,610 2.6 -0.5 -0.2 2,698 2,617 2,621 2,474 9.1

FINISHED GOODS

 All manufacturing industries ..................... 181,717 180,460 179,636 0.7 0.5 0.7 181,228 181,005 179,770 167,032 8.5

 Durable goods industries ........................ 86,979 86,782 86,815 0.2 0.0 1.1 86,623 86,318 85,778 81,485 6.3

 Wood products................................... 4,377 4,289 4,376 2.1 -2.0 -1.2 4,114 3,988 4,237 3,807 8.1

 Nonmetallic mineral products............... 5,054 5,066 4,880 -0.2 3.8 1.2 4,859 4,817 4,732 4,619 5.2

 Primary metals.................................... 6,039 5,956 5,688 1.4 4.7 1.7 6,011 5,824 5,599 5,674 5.9

 Fabricated metal products..................... 11,312 11,426 11,472 -1.0 -0.4 0.0 11,165 11,400 11,287 10,430 7.0

 Machinery.......................................... 15,888 15,799 15,884 0.6 -0.5 0.2 15,952 15,617 15,585 14,394 10.8

 Computers and electronic products ...... 12,398 12,456 12,652 -0.5 -1.5 4.2 12,708 12,739 12,445 12,671 0.3

 Electrical equipment, appliances,

 and components.............................. 5,058 5,179 5,230 -2.3 -1.0 0.1 4,996 5,146 5,039 4,789 4.3

 Transportation equipment.................. 13,650 13,407 13,519 1.8 -0.8 1.7 13,673 13,447 13,672 12,741 7.3

 Furniture and related products............ 3,224 3,223 3,128 0.0 3.0 2.1 3,237 3,285 3,166 2,901 11.6

 Miscellaneous products........................ 9,979 9,981 9,986 0.0 -0.1 0.0 9,908 10,055 10,016 9,459 4.7

 Nondurable goods industries.................... 94,738 93,678 92,821 1.1 0.9 0.4 94,605 94,687 93,992 85,547 10.6

 Food products.................................... 20,669 20,662 20,819 0.0 -0.8 -1.0 21,494 22,089 21,870 20,626 4.2

 Beverage and tobacco products............ 4,755 4,769 4,776 -0.3 -0.1 -0.6 4,838 4,900 4,853 4,681 3.4

 Textiles.............................................. 2,172 2,213 2,210 -1.9 0.1 0.1 2,129 2,168 2,160 2,323 -8.4

 Textile products.................................. 2,673 2,670 2,678 0.1 -0.3 1.3 2,592 2,644 2,685 2,551 1.6

 Apparel............................................. 4,621 4,528 4,442 2.1 1.9 2.5 4,351 4,497 4,644 4,005 8.6

 Leather and allied products................... 1,032 1,011 989 2.1 2.2 1.6 1,017 1,006 1,011 1,037 -1.9

 Paper products................................... 7,169 7,139 6,922 0.4 3.1 -0.5 7,166 7,043 6,841 6,713 6.7

 Printing ............................................. 1,956 1,934 1,916 1.1 0.9 2.6 1,952 1,970 2,007 1,723 13.3

 Petroleum and coal products............... 9,109 8,777 8,338 3.8 5.3 -1.2 8,960 8,867 8,729 6,337 41.4

 Basic chemicals................................... 28,188 27,687 27,817 1.8 -0.5 0.7 27,966 27,426 27,493 25,388 10.2

 Plastics and rubber products............... 12,394 12,288 11,914 0.9 3.1 3.2 12,140 12,077 11,699 10,163 19.5

p

 Preliminary r Revised

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

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio1

Industry Nov Oct Sep Aug Nov Oct Sep Aug

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

 All manufacturing industries2...... 1.24 1.24 1.24 1.23 (X) (X) (X) (X)

Durable goods industries 2

................... 1.41 1.40 1.39 1.38 4.02 3.95 3.96 3.90

 Wood products................................ 1.14 1.14 1.09 1.06 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.22 1.26 1.26 1.24 (X) (X) (X) (X)

 Primary metals................................. 1.44 1.44 1.38 1.35 1.34 1.36 1.37 1.39

 Fabricated metal products............... 1.50 1.51 1.48 1.47 2.05 2.07 2.01 2.01

 Machinery....................................... 1.82 1.73 1.77 1.80 2.27 2.15 2.16 2.17

 Computers and electronic products 2

.. 1.23 1.23 1.26 1.23 4.92 4.94 5.03 4.83

 Electrical equipment, appliances,

 and components............................. 1.43 1.45 1.46 1.42 1.82 1.81 1.82 1.73

 Transportation equipment................. 1.33 1.29 1.27 1.26 7.99 7.66 7.66 7.49

 Furniture and related products........... 1.33 1.34 1.35 1.31 1.12 1.11 1.13 1.09

 Miscellaneous products.................... 1.74 1.76 1.72 1.74 (X) (X) (X) (X)

Nondurable goods industries.............. 1.05 1.05 1.07 1.06 (X) (X) (X) (X)

 Food products................................... 0.80 0.81 0.83 0.83 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.61 1.63 1.64 1.63 (X) (X) (X) (X)

 Textiles.......................................... 1.40 1.41 1.38 1.38 (X) (X) (X) (X)

 Textile products............................... 1.65 1.66 1.67 1.65 (X) (X) (X) (X)

 Apparel.......................................... 1.58 1.56 1.54 1.54 (X) (X) (X) (X)

 Leather and allied products............... 1.96 1.94 1.84 1.76 (X) (X) (X) (X)

 Paper products................................ 1.02 1.03 1.02 1.00 (X) (X) (X) (X)

 Printing.......................................... 0.87 0.86 0.84 0.84 (X) (X) (X) (X)

 Petroleum and coal products............ 0.60 0.58 0.60 0.60 (X) (X) (X) (X)

 Basic chemicals............................... 1.26 1.28 1.33 1.32 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.33 1.34 1.31 1.28 (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.

Nov2 Nov2 Nov2 Nov2

Industry 2003- 2003- 2003- 2003-

Nov1 Oct Nov1 Oct Nov1 Oct Nov1 Oct

2004 2004 2004 2004 2004 2004 2004 2004

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

Durable goods industries ...................... 0.1 0.3 -0.2 0.6 -0.1 0.1 -0.2 0.2

 Wood products................................... (X) 0.8 (X) (NA) (X) (NA) (X) 0.6

 Nonmetallic mineral products.............. (X) 1.1 (X) (NA) (X) (NA) (X) 0.6

 Primary metals.................................... 0.4 0.7 -0.1 1.4 0.4 0.7 -0.5 0.2

 Fabricated metal products.................... 0.0 0.4 -1.1 1.4 -0.7 0.6 0.1 0.3

 Machinery.......................................... -0.6 0.8 -1.8 1.5 -0.7 0.5 0.2 0.2

 Computers and electronic products ..... 0.3 0.9 -1.5 1.5 -0.5 0.3 -0.9 0.4

 Electrical equipment, appliances,

 and components............................. -0.1 0.4 0.3 0.8 0.3 0.5 -0.1 0.4

 Transportation equipment.................... 0.0 0.3 0.6 0.6 0.1 0.1 0.0 0.1

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

 Miscellaneous products...................... (X) 0.6 (X) 1.1 (X) 1.2 (X) 0.3

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

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

 Beverage and tobacco products............ (X) 0.7 (X) (NA) (X) (NA) (X) 0.5

 Textiles............................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

 Textile products.................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

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

 Leather and allied products................... (X) 2.1 (X) (NA) (X) (NA) (X) 1.4

 Paper products.................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.2

 Printing.............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.5

 Petroleum and coal products................. (X) 1.5 (X) (NA) (X) (NA) (X) 1.0

 Basic chemicals.................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.4

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

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
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 4,000 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-tomonth changes of the total operations of those

companies in the monthly survey effectively

represent the month-to-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 4,000 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 4,000 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.

2005 Release Dates for M3 Survey

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

Dec 2004 January 27, 2005 February 3, 2005

Jan 2005 February 24, 2005 March 4, 2005

Feb 2005 March 24, 2005 March 31, 2005

Mar 2005 April 27, 2005 May 3, 2005

Apr 2005 May 25, 2005 June 2, 2005

May 2005 June 24, 2005 July 5, 2005

Jun 2005 July 27, 2005 August 2, 2005

Jul 2005 August 24, 2005 August 30, 2005

Aug 2005 September 28, 2005 October 4, 2005

Sep 2005 October 27, 2005 November 3, 2005

Oct 2005 November 29, 2005 December 6, 2005

Nov 2005 December 23, 2005