FOR IMMEDIATE RELEASE 

THURSDAY, JULY 2, 2015, AT 10:00 A.M. EDT 

Adriana Stoica 

Economic Indicators Division 

(301) 763-4832 

M3-2 (15)-05 

CB15-110 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

May 2015 

Summary 

 New orders for manufactured goods in May, down 

nine of the last ten months, decreased $4.5 billion or 1.0 

percent to $470.5 billion, the U.S. Census Bureau 

reported today. This followed a 0.7 percent April 

decrease. 

 Shipments, down two consecutive months, decreased 

0.3 billion or 0.1 percent to $482.1 billion. This 

followed a virtually unchanged April decrease. 

 Unfilled orders, down five of the last six months, 

decreased $6.4 billion or 0.5 percent to $1,194.6 billion. 

This followed a 0.2 percent April decrease. The unfilled 

orders-to-shipments ratio was 6.98, unchanged from 

April. 

 Inventories, up three of the last four months, increased 

$0.1 billion or virtually unchanged to $649.7 billion. 

This followed a 0.2 percent April increase. The 

inventories-to-shipments ratio was 1.35, unchanged from 

April. 

New Orders 

 New orders for manufactured durable goods in May, 

down three of the last four months, decreased $5.0 

billion or 2.2 percent to $227.6 billion, down from the 

previously published 1.8 percent decrease. This 

followed a 1.7 percent April decrease. 

 Transportation equipment, also down three of the last 

four months, led the decrease, $5.0 billion or 6.5 percent 

to $71.6 billion. 

 New orders for manufactured nondurable goods 

increased $0.5 billion or 0.2 percent to $242.9 billion. 

Shipments 

 Shipments of manufactured durable goods in May, 

down four of the last five months, decreased $0.7 billion 

or 0.3 percent to $239.2 billion, down from the 

previously published 0.1 percent decrease. This 

followed a 0.3 percent April decrease. 

 Transportation equipment, also down four of the last 

five months, drove the decrease, $0.7 billion or 0.9 

percent to $76.8 billion. 

 

 

 Shipments of manufactured nondurable goods, up 

three of the last four months, increased $0.5 billion or 

0.2 percent to $242.9 billion. This followed a 0.3 

percent April increase. Petroleum and coal products, also 

up three of the last four months, drove the increase, $0.7 

billion or 1.4 percent to $52.2 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in May, down five of the last six months, decreased $6.4 

billion or 0.5 percent to $1,194.6 billion, virtually 

unchanged from the previously published decrease. This 

followed a 0.2 percent April decrease. 

 

 Transportation equipment, also down five of the last 

six months, led the decrease, $5.2 billion or 0.6 percent 

to $798.7 billion. 

Inventories 

 Inventories of manufactured durable goods in May, 

down following twenty-three consecutive monthly increases, decreased $0.9 billion or 0.2 percent to $400.5 

billion, virtually unchanged from the previously 

published decrease. This followed a 0.2 percent April 

increase. 

 

 Transportation equipment, down two of the last three 

months, led the decrease, $0.3 billion or 0.2 percent to 

$129.8 billion. 

 Inventories of manufactured nondurable goods, up two 

consecutive months, increased $1.0 billion or 0.4 percent 

to $249.2 billion. This followed a 0.2 percent April 

increase. Petroleum and coal products, up three of the 

last four months, led the increase, $0.9 billion or 2.3 

percent to $38.3 billion. 

 By stage of fabrication, May materials and supplies 

decreased 0.4 percent in durable goods and decreased 

0.2 percent in nondurable goods. Work in process 

decreased 0.3 percent in durable goods and increased 1.6 

percent in nondurable goods. Finished goods increased 

0.1 percent in durable goods and increased 0.3 percent in 

nondurable goods. 

Figures in text are adjusted for seasonality, but not for inflation. Figures on new and unfilled orders exclude data for semiconductor manufacturing. For 

data, call (301) 763-4673 or go to www.census.gov/m3. The Advance Report on durable goods for June is scheduled for release on July 27, 2015 at 8:30 a.m. 

EDT and the Full Report on August 4, 2015 at 10:00 a.m. EDT. See back page for survey description. To receive the latest updates on the Nation's key 

economic indicators, download the America's Economy app for Apple and Android smartphones and tablets. To learn more about this release and the 

other indicators the U.S. Census Bureau publishes, join us for the Investigating Economic Indicators Webinar Series. For more information, 

visit www.census.gov/econ/webinar. 

“Virtually unchanged” indicates that the change is less than 0.05 percent for a percent increase or decrease. 
 2 

Table 1. Value of Manufacturers' Shipments for Industry Groups1

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2015/

2015p 2015r 2015 May Apr. Mar. 2015p 2015r 2015 2014 2015p 2014 2014

 All manufacturing industries.................. 482,071 482,323 482,432 -0.1 0.0 0.5 487,440 485,384 507,773 514,186 2,363,432 2,456,849 -3.8

 Excluding transportation................... 405,268 404,808 404,593 0.1 0.1 -0.2 410,970 408,127 420,395 441,554 1,987,700 2,107,821 -5.7

 Excluding defense.............................. 470,391 470,634 470,393 -0.1 0.1 0.4 475,916 474,456 494,070 502,501 2,307,254 2,399,674 -3.9

 With unfilled orders............................ 171,126 172,123 172,298 -0.6 -0.1 1.3 170,812 170,184 186,877 169,334 838,838 810,369 3.5

 Durable goods industries......................... 239,157 239,866 240,599 -0.3 -0.3 1.5 238,329 240,279 259,091 237,603 1,170,245 1,138,931 2.7

 Wood products....................................... 7,806 7,874 7,974 -0.9 -1.3 -3.2 8,495 8,459 7,881 9,086 39,053 38,394 1.7

 Nonmetallic mineral products.................... 9,555 9,673 9,745 -1.2 -0.7 0.2 9,868 9,848 9,461 10,166 45,775 44,966 1.8

 Primary metals....................................... 21,460 21,500 22,030 -0.2 -2.4 -0.9 21,581 22,136 23,123 23,838 110,402 114,671 -3.7

 Iron and steel mills............................ 10,066 9,994 10,147 0.7 -1.5 -2.5 9,983 10,226 10,560 11,860 51,437 57,710 -10.9

 Aluminum and nonferrous metals.......... 9,754 9,901 10,239 -1.5 -3.3 0.4 9,919 10,252 10,792 10,278 50,828 48,922 3.9

 Ferrous metal foundries....................... 1,640 1,605 1,644 2.2 -2.4 1.9 1,679 1,658 1,771 1,700 8,137 8,039 1.2

 Fabricated metal products....................... 29,968 30,057 30,103 -0.3 -0.2 -0.3 30,250 30,424 30,964 30,725 147,861 145,489 1.6

 Machinery............................................. 33,479 33,217 33,167 0.8 0.2 0.1 34,053 33,830 36,353 34,963 164,437 167,364 -1.7

 Farm machinery................................. 1,617 1,609 1,572 0.5 2.4 -4.8 1,689 2,025 2,058 2,807 9,134 16,620 -45.0

 Construction machinery..................... 3,744 3,779 3,723 -0.9 1.5 -2.7 3,732 3,893 4,231 2,947 18,780 13,569 38.4

 Mining, oil field, and 

 gas field machinery.......................... 1,784 1,925 2,017 -7.3 -4.6 -5.4 1,714 1,787 2,136 2,832 9,716 13,656 -28.9

 Industrial machinery.......................... 2,915 2,848 2,465 2.4 15.5 0.2 2,963 2,673 2,688 2,980 12,587 14,307 -12.0

 Photographic equipment...................... 527 552 553 -4.5 -0.2 1.1 484 483 596 542 2,493 2,698 -7.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,940 3,927 3,976 0.3 -1.2 1.0 4,332 3,923 4,085 4,374 18,675 18,346 1.8

 Metalworking machinery..................... 2,906 2,743 2,747 5.9 -0.1 0.9 2,735 2,628 2,922 2,541 13,059 12,257 6.5

 Turbines, generators, and other

 power transmission equipment....... 4,111 4,001 4,517 2.7 -11.4 8.3 4,224 4,106 4,648 3,970 20,744 18,395 12.8

 Material handling equipment............... 2,545 2,578 2,431 -1.3 6.0 3.4 2,560 2,536 2,612 2,469 12,033 11,845 1.6

 Computers and electronic products2

.......... 29,300 28,993 28,868 1.1 0.4 2.3 27,279 27,923 31,473 26,097 136,214 133,481 2.0

 Computers........................................ 693 708 728 -2.1 -2.7 27.5 649 650 857 706 3,008 3,373 -10.8

 Computer storage devices..................... 460 449 491 2.4 -8.6 6.7 338 269 773 456 1,977 2,752 -28.2

 Other peripheral equipment................ 958 963 1,044 -0.5 -7.8 1.8 831 767 1,345 907 4,363 4,086 6.8

 Nondefense communications

 equipment.................................... 3,316 3,429 3,385 -3.3 1.3 4.5 3,166 2,997 3,982 3,121 15,546 15,269 1.8

 Defense communications equipment.... 307 355 401 -13.5 -11.5 5.2 295 371 421 332 1,775 1,845 -3.8

 Audio and video equipment.................... 246 252 198 -2.4 27.3 -23.0 237 212 183 333 1,032 1,464 -29.5

 Electronic components......................... 4,619 4,610 4,431 0.2 4.0 7.9 4,634 4,489 4,634 3,665 20,914 17,255 21.2

 Nondefense search and navigation

 equipment...................................... 1,365 1,276 1,345 7.0 -5.1 6.8 1,330 1,133 1,612 1,212 6,259 5,865 6.7

 Defense search and navigation

 equipment..................................... 2,688 2,672 2,680 0.6 -0.3 5.9 2,578 2,478 2,906 2,492 12,468 12,285 1.5

 Electromedical, measuring,

 and control instruments................. 9,160 9,218 9,076 -0.6 1.6 0.3 8,858 8,517 10,414 8,622 43,893 41,428 6.0

 Electrical equipment, appliances, 

 and components................................... 10,373 10,438 10,449 -0.6 -0.1 -1.2 10,347 10,247 11,090 10,568 50,827 50,290 1.1

 Electric lighting equipment..................... 1,005 984 937 2.1 5.0 -1.8 956 942 976 954 4,615 4,762 -3.1

 Household appliances........................ 1,636 1,636 1,659 0.0 -1.4 -2.1 1,690 1,682 1,778 1,828 8,054 8,266 -2.6

 Electrical equipment............................ 3,219 3,267 3,248 -1.5 0.6 -1.3 3,193 3,092 3,612 3,329 15,850 16,098 -1.5

 Batteries........................................... 841 850 859 -1.1 -1.0 -3.4 777 817 832 860 3,966 4,132 -4.0

 Transportation equipment........................ 76,803 77,515 77,839 -0.9 -0.4 4.6 76,470 77,257 87,378 72,632 375,732 349,028 7.7

 Automobiles..................................... 9,427 9,422 9,359 0.1 0.7 13.6 9,320 9,301 10,120 8,575 43,909 40,727 7.8

 Light trucks and utility vehicles.............. 12,833 12,555 13,013 2.2 -3.5 5.2 13,018 13,231 14,809 13,082 63,660 61,303 3.8

 Heavy duty trucks ............................. 3,130 3,163 3,164 -1.0 0.0 2.5 3,129 3,208 3,385 2,643 15,106 12,166 24.2

 Motor vehicle bodies, parts, 

 and trailers.................................... 25,419 25,656 25,676 -0.9 -0.1 4.2 25,973 26,696 28,050 24,486 127,818 116,513 9.7

 Nondefense aircraft and parts................ 14,172 14,851 14,380 -4.6 3.3 0.2 13,098 13,449 16,974 10,806 66,403 55,398 19.9

 Defense aircraft and parts.................. 4,520 4,468 4,640 1.2 -3.7 4.2 4,561 4,020 5,532 4,788 21,247 22,847 -7.0

 Ships and boats................................. 2,729 2,785 2,798 -2.0 -0.5 1.9 2,810 2,859 2,964 2,724 13,533 14,218 -4.8

 Furniture and related products.................. 6,268 6,255 6,211 0.2 0.7 0.6 6,230 6,154 6,301 5,904 30,517 28,752 6.1

 Miscellaneous durable goods................. 14,145 14,344 14,213 -1.4 0.9 0.5 13,756 14,001 15,067 13,624 69,427 66,496 4.4

 Nondurable goods industries..................... 242,914 242,457 241,833 0.2 0.3 -0.4 249,111 245,105 248,682 276,583 1,193,187 1,317,918 -9.5

 Food products....................................... 66,082 66,033 66,356 0.1 -0.5 -0.3 64,901 64,664 67,440 66,609 325,902 328,692 -0.8

 Grain and oilseed milling....................... 8,512 8,325 8,194 2.2 1.6 1.2 7,759 7,911 8,270 7,770 39,982 40,918 -2.3

 Dairy products.................................. 10,006 9,936 10,003 0.7 -0.7 -2.7 9,920 9,689 10,055 11,144 49,116 53,227 -7.7

 Meat, poultry, and seafood products... 19,154 19,286 19,589 -0.7 -1.5 -0.3 19,330 19,081 19,485 20,106 95,884 96,476 -0.6

 Beverage and tobacco products................ 12,560 12,811 12,633 -2.0 1.4 4.7 13,227 12,912 12,630 13,163 60,645 59,543 1.9

 Beverages......................................... 8,977 8,988 9,032 -0.1 -0.5 2.1 9,644 9,089 9,029 9,868 43,171 43,714 -1.2

 Tobacco............................................ 3,583 3,823 3,601 -6.3 6.2 11.9 3,583 3,823 3,601 3,295 17,474 15,829 10.4

 Textile mills........................................... 2,508 2,556 2,559 -1.9 -0.1 0.3 2,610 2,647 2,673 2,769 12,780 13,166 -2.9

 Textile products................................... 1,883 1,896 1,851 -0.7 2.4 -1.0 1,970 1,946 1,924 1,974 9,528 9,328 2.1

 Apparel................................................ 1,116 1,115 1,142 0.1 -2.4 -3.4 997 991 1,060 1,009 5,234 4,867 7.5

 Leather and allied products...................... 484 483 476 0.2 1.5 5.1 487 488 492 446 2,346 2,238 4.8

 Paper products...................................... 16,234 16,272 16,261 -0.2 0.1 0.5 16,226 16,059 16,454 16,815 79,607 78,244 1.7

 Pulp, paper, and paperboard mills....... 7,146 7,179 7,148 -0.5 0.4 -0.2 7,054 7,101 7,253 7,057 35,328 34,533 2.3

 Paperboard containers........................ 5,275 5,264 5,350 0.2 -1.6 1.3 5,277 5,200 5,363 5,865 25,649 25,177 1.9

 Printing................................................. 7,176 7,152 7,164 0.3 -0.2 1.0 7,330 7,399 7,416 7,162 35,222 34,162 3.1

 Petroleum and coal products.................. 52,196 51,451 51,189 1.4 0.5 -1.7 55,875 51,788 50,434 77,318 246,850 359,082 -31.3

 Petroleum refineries.......................... 48,566 47,528 47,524 2.2 0.0 -1.8 52,156 47,961 46,987 73,078 229,871 340,971 -32.6

 Chemical products..................................... 63,541 63,578 63,002 -0.1 0.9 -0.8 65,760 66,439 68,120 68,586 319,702 331,427 -3.5

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 4,534 4,740 4,729 -4.3 0.2 -2.1 5,796 6,919 6,614 5,667 28,123 24,724 13.7

 Pharmaceuticals and medicines............. 15,292 15,043 14,937 1.7 0.7 0.3 15,530 15,282 15,798 14,830 74,221 73,812 0.6

 Paints, coatings, and adhesives.......... 3,322 3,296 3,302 0.8 -0.2 1.7 3,601 3,664 3,511 3,573 16,614 16,292 2.0

 Plastics and rubber products.................. 19,134 19,110 19,200 0.1 -0.5 -0.1 19,728 19,772 20,039 20,732 95,371 97,169 -1.9

p

 Preliminary r Revised data due to late receipts and concurrent seasonal adjustment.

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted 

estimates of shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences,

where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.

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

2 Estimates and percent changes of shipments for the semiconductor industry are included in computers and electronic products, and all other applicable aggregate totals. 

 

Year to date
 3

Table 2. Value of Manufacturers' New Orders for Industry Groups1

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2015/

2015p 2015r 2015 May Apr. Mar. 2015p 2015r 2015 2014 2015p 2014 2014

All manufacturing industries2........................ 470,478 475,026 478,504 -1.0 -0.7 2.2 470,188 473,214 504,967 511,149 2,319,508 2,471,135 -6.1

 Excluding transportation2

...................... 398,843 398,403 398,712 0.1 -0.1 0.0 404,570 402,697 417,430 438,531 1,970,681 2,107,681 -6.5

 Excluding defense2

.............................. 459,405 464,474 466,136 -1.1 -0.4 1.4 461,398 463,858 490,046 501,581 2,270,484 2,408,621 -5.7

 With unfilled orders2

............................. 164,751 169,616 173,241 -2.9 -2.1 6.0 157,667 163,806 188,217 170,367 818,834 851,619 -3.8

 Durable goods industries2......................... 227,564 232,569 236,671 -2.2 -1.7 5.1 221,077 228,109 256,285 234,566 1,126,321 1,153,217 -2.3

 Primary metals........................................ 21,601 21,514 21,379 0.4 0.6 -2.5 21,249 21,826 22,573 23,857 110,445 116,914 -5.5

 Iron and steel mills.............................. 10,309 10,250 9,770 0.6 4.9 -3.5 9,928 10,252 10,180 11,904 51,891 59,216 -12.4

 Aluminum and nonferrous metals.......... 9,696 9,710 10,261 -0.1 -5.4 0.6 9,674 10,044 10,980 10,207 50,560 49,361 2.4

 Ferrous metal foundries....................... 1,596 1,554 1,348 2.7 15.3 -16.0 1,647 1,530 1,413 1,746 7,994 8,337 -4.1

 Fabricated metal products........................ 29,611 29,550 29,332 0.2 0.7 -0.5 30,313 30,330 31,510 31,780 149,659 151,496 -1.2

 Machinery............................................. 31,947 31,780 31,727 0.5 0.2 -0.5 31,977 33,233 34,648 34,785 162,059 178,094 -9.0

 Construction machinery........................ 3,310 3,334 3,163 -0.7 5.4 -10.0 3,122 3,607 3,468 3,156 16,705 16,096 3.8

 Mining, oil field, and

 gas field machinery.......................... 1,388 1,784 1,822 -22.2 -2.1 0.1 1,445 1,572 1,756 2,604 8,844 14,097 -37.3

 Industrial machinery............................ 2,831 2,738 2,123 3.4 29.0 -10.8 2,704 2,847 2,374 2,629 12,474 15,326 -18.6

 Photographic equipment....................... 501 645 718 -22.3 -10.2 47.4 461 675 721 528 2,780 2,677 3.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 3,944 3,759 4,139 4.9 -9.2 7.9 4,223 3,951 4,348 4,385 19,145 19,616 -2.4

 Metalworking machinery....................... 2,885 2,732 2,837 5.6 -3.7 3.8 2,632 2,727 2,875 2,359 13,333 12,391 7.6

 Turbines, generators, and other 

 power transmission equipment........... 3,713 3,471 3,920 7.0 -11.5 8.6 3,672 3,557 3,930 4,183 18,661 20,649 -9.6

 Material handling equipment.................. 2,571 2,556 2,381 0.6 7.3 -7.1 2,584 2,614 2,712 2,354 12,837 12,514 2.6

 Computers and electronic products2

........... 24,911 24,685 25,519 0.9 -3.3 7.6 23,387 23,236 29,597 21,822 118,016 111,508 5.8

 Computers........................................ 619 795 759 -22.1 4.7 27.8 575 737 888 919 3,101 3,455 -10.2

 Nondefense communications

 equipment...................................... 3,539 3,429 3,797 3.2 -9.7 2.6 3,176 3,514 4,538 3,102 17,955 18,635 -3.6

 Defense communications equipment....... 328 346 330 -5.2 4.8 -32.1 284 358 397 272 1,827 1,628 12.2

 Electronic components......................... 4,664 4,676 4,421 -0.3 5.8 6.7 4,633 4,613 4,499 3,657 21,367 17,516 22.0

 Nondefense search and navigation

 equipment...................................... 1,583 1,463 1,698 8.2 -13.8 12.7 1,505 1,685 1,899 1,451 7,796 7,285 7.0

 Defense search and navigation

 equipment...................................... 2,663 2,673 2,993 -0.4 -10.7 30.8 2,312 2,415 3,548 2,278 12,269 11,686 5.0

 Electromedical, measuring,

 and control instruments..................... 9,581 9,368 9,570 2.3 -2.1 5.8 9,240 8,418 11,327 8,266 45,270 42,106 7.5

 Electrical equipment, appliances, 

 and components................................... 10,092 10,382 10,684 -2.8 -2.8 0.8 10,076 10,275 11,208 10,724 51,340 52,042 -1.3

 Electric lighting equipment..................... 993 944 989 5.2 -4.6 3.2 944 956 969 949 4,626 4,752 -2.7

 Household appliances.......................... 1,651 1,714 1,767 -3.7 -3.0 7.7 1,710 1,825 1,880 1,909 8,322 8,418 -1.1

 Electrical equipment............................ 3,228 3,268 3,356 -1.2 -2.6 0.7 3,206 3,145 3,692 3,380 16,389 16,592 -1.2

 Transportation equipment........................ 71,635 76,623 79,792 -6.5 -4.0 15.1 65,618 70,517 87,537 72,618 348,827 363,454 -4.0

 Motor vehicle bodies, parts, 

 and trailers..................................... 25,435 25,775 25,143 -1.3 2.5 1.3 25,800 26,338 27,506 24,535 127,667 117,440 8.7

 Nondefense aircraft and parts................ 9,807 15,147 16,956 -35.3 -10.7 40.1 5,018 8,744 17,618 12,482 47,102 63,114 -25.4

 Defense aircraft and parts.................... 4,023 4,296 4,999 -6.4 -14.1 116.1 3,160 3,588 5,274 4,230 16,768 20,385 -17.7

 Ships and boats.................................. 2,133 1,961 2,254 8.8 -13.0 12.4 1,881 2,422 2,541 2,160 11,170 24,133 -53.7

 Furniture and related products................... 6,238 6,154 6,297 1.4 -2.3 1.1 6,315 6,394 6,794 6,093 31,710 29,907 6.0

 Nondurable goods industries..................... 242,914 242,457 241,833 0.2 0.3 -0.4 249,111 245,105 248,682 276,583 1,193,187 1,317,918 -9.5

p

 Preliminary r Revised data due to late receipts and concurrent seasonal adjustment.

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally

 adjusted estimates of shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday

and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not

adjusted for price changes.

2

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

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

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

calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.

Year to date
 4 

Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups1

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2015/

2015p 2015r 2015 May Apr. Mar. 2015p 2015r 2015 2014 2014

All manufacturing industries2...................... 1,194,624 1,200,999 1,203,506 -0.5 -0.2 0.1 1,194,898 1,208,043 1,214,421 1,131,061 5.6

 Excluding transportation2...................... 395,957 397,164 398,779 -0.3 -0.4 -0.3 401,050 403,343 402,981 392,210 2.3

 Excluding defense2

............................. 1,009,919 1,015,687 1,017,057 -0.6 -0.1 0.1 1,011,018 1,021,429 1,026,235 935,298 8.1

 Durable goods industries2........................ 1,194,624 1,200,999 1,203,506 -0.5 -0.2 0.1 1,194,898 1,208,043 1,214,421 1,131,061 5.6

 Primary metals........................................ 35,766 35,625 35,611 0.4 0.0 -1.8 36,225 36,557 36,867 36,829 -1.6

 Iron and steel mills............................... 18,534 18,291 18,035 1.3 1.4 -2.0 18,838 18,893 18,867 19,965 -5.6

 Aluminum and nonferrous metals............. 12,274 12,332 12,523 -0.5 -1.5 0.2 12,365 12,610 12,818 11,836 4.5

 Ferrous metal foundries........................ 4,958 5,002 5,053 -0.9 -1.0 -5.5 5,022 5,054 5,182 5,028 -0.1

 Fabricated metal products......................... 81,700 82,057 82,564 -0.4 -0.6 -0.9 83,624 83,561 83,655 83,656 0.0

 Machinery.............................................. 113,660 115,192 116,629 -1.3 -1.2 -1.2 114,801 116,877 117,474 118,800 -3.4

 Construction machinery......................... 6,912 7,346 7,791 -5.9 -5.7 -6.7 7,067 7,677 7,963 9,316 -24.1

 Mining, oil field, and

 gas field machinery.......................... 10,293 10,689 10,830 -3.7 -1.3 -1.8 10,267 10,536 10,751 12,456 -17.6

 Industrial machinery............................. 8,603 8,687 8,797 -1.0 -1.3 -3.7 8,727 8,986 8,812 10,050 -13.2

 Photographic equipment........................ 1,709 1,735 1,642 -1.5 5.7 11.2 1,761 1,784 1,592 1,684 4.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,581 7,577 7,745 0.1 -2.2 2.1 7,850 7,959 7,931 7,182 9.3

 Metalworking machinery........................ 7,028 7,049 7,060 -0.3 -0.2 1.3 7,096 7,199 7,100 7,454 -4.8

 Turbines, generators, and other 

 power transmission equipment............ 32,967 33,365 33,895 -1.2 -1.6 -1.7 32,862 33,414 33,963 34,169 -3.8

 Material handling equipment................... 11,234 11,208 11,230 0.2 -0.2 -0.4 11,554 11,530 11,452 9,661 19.6

 Computers and electronic products2............. 133,430 132,601 132,119 0.6 0.4 1.2 134,237 134,022 132,917 123,074 9.1

 Computers......................................... 2,565 2,639 2,552 -2.8 3.4 1.2 2,565 2,639 2,552 2,071 23.9

 Nondefense communications

 equipment...................................... 35,680 35,457 35,457 0.6 0.0 1.2 36,162 36,152 35,635 31,519 14.7

 Defense communications equipment........ 2,937 2,916 2,925 0.7 -0.3 -2.4 2,944 2,955 2,968 3,090 -4.7

 Electronic components.......................... 11,005 10,960 10,894 0.4 0.6 -0.1 11,052 11,053 10,929 10,640 3.9

 Nondefense search and navigation

 equipment....................................... 19,001 18,783 18,596 1.2 1.0 1.9 19,052 18,877 18,325 15,540 22.6

 Defense search and navigation

 equipment....................................... 32,741 32,766 32,765 -0.1 0.0 1.0 32,700 32,966 33,029 32,775 -0.2

 Electromedical, measuring,

 and control instruments...................... 29,501 29,080 28,930 1.4 0.5 1.7 29,762 29,380 29,479 27,439 8.5

 Electrical equipment, appliances, 

 and components.................................... 22,814 23,095 23,151 -1.2 -0.2 1.0 23,072 23,343 23,315 21,608 6.8

 Electric lighting equipment..................... 1,117 1,129 1,169 -1.1 -3.4 4.7 1,117 1,129 1,115 1,092 2.3

 Household appliances........................... 1,734 1,719 1,641 0.9 4.8 7.0 1,792 1,772 1,629 1,438 24.6

 Electrical equipment............................. 9,542 9,533 9,532 0.1 0.0 1.1 9,641 9,628 9,575 8,684 11.0

 Transportation equipment......................... 798,667 803,835 804,727 -0.6 -0.1 0.2 793,848 804,700 811,440 738,851 7.4

 Motor vehicle bodies, parts, 

 and trailers...................................... 21,650 21,634 21,515 0.1 0.6 -2.4 21,879 22,052 22,410 19,847 10.2

 Nondefense aircraft and parts................ 608,494 612,859 612,563 -0.7 0.0 0.4 604,475 612,555 617,260 543,001 11.3

 Defense aircraft and parts..................... 65,679 66,176 66,348 -0.8 -0.3 0.5 64,910 66,311 66,743 68,123 -4.7

 Ships and boats.................................. 28,031 28,627 29,451 -2.1 -2.8 -1.8 28,590 29,519 29,956 36,588 -21.9

 Furniture and related products................... 7,738 7,768 7,869 -0.4 -1.3 1.1 8,242 8,157 7,917 7,502 9.9

p Preliminary r Revised data due to late receipts and concurrent seasonal adjustment.

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally

adjusted estimates of shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday

and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not

adjusted for price changes.

2

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

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

Table 4. Value of Manufacturers' Inventories for Industry Groups1

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2015/

2015p 2015r 2015 May Apr. Mar. 2015p 2015r 2015 2014 2014

 All manufacturing industries...................... 649,664 649,569 648,373 0.0 0.2 -0.1 654,672 652,942 647,916 658,990 -0.7

 Excluding transportation........................ 519,819 519,451 518,612 0.1 0.2 -0.1 523,741 521,733 518,314 535,398 -2.2

 Excluding defense............................. 622,877 623,005 622,464 0.0 0.1 0.0 627,727 626,174 621,929 633,810 -1.0

 With unfilled orders............................. 326,805 327,815 327,366 -0.3 0.1 -0.2 329,783 329,873 326,054 318,415 3.6

 Durable goods industries........................ 400,464 401,392 400,745 -0.2 0.2 0.0 403,776 403,681 399,861 389,505 3.7

 Wood products........................................ 11,190 11,212 11,130 -0.2 0.7 1.1 11,084 11,213 11,454 10,405 6.5

 Nonmetallic mineral products..................... 13,147 13,140 13,150 0.1 -0.1 0.5 13,411 13,390 13,446 13,146 2.0

 Primary metals......................................... 37,911 38,024 38,254 -0.3 -0.6 -2.6 37,819 37,911 38,306 37,433 1.0

 Iron and steel mills............................... 21,874 22,028 22,421 -0.7 -1.8 -3.8 21,738 21,852 22,526 21,979 -1.1

 Aluminum and nonferrous metals............ 14,051 14,018 13,852 0.2 1.2 -1.1 14,065 14,037 13,768 13,459 4.5

 Ferrous metal foundries........................ 1,986 1,978 1,981 0.4 -0.2 0.3 2,016 2,022 2,012 1,995 1.1

 Fabricated metal products......................... 49,128 49,296 49,257 -0.3 0.1 -0.3 49,610 49,779 49,475 48,080 3.2

 Machinery.............................................. 67,028 67,185 67,130 -0.2 0.1 0.5 67,830 67,639 66,720 66,726 1.7

 Farm machinery.................................. 3,383 3,322 3,468 1.8 -4.2 0.2 3,500 3,403 3,571 4,144 -15.5

 Construction machinery......................... 7,221 7,318 7,070 -1.3 3.5 -0.2 7,196 7,365 7,123 5,168 39.2

 Mining, oil field, 

 and gas field machinery.................... 5,718 5,893 6,027 -3.0 -2.2 -0.5 5,873 6,004 6,019 7,729 -24.0

 Industrial machinery............................. 5,977 6,062 6,330 -1.4 -4.2 0.8 6,040 6,052 6,374 6,375 -5.3

 Photographic equipment....................... 1,391 1,377 1,376 1.0 0.1 1.3 1,381 1,330 1,318 1,317 4.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,389 5,334 5,358 1.0 -0.4 1.9 5,711 5,590 5,442 5,210 9.6

 Metalworking machinery........................ 5,678 5,682 5,671 -0.1 0.2 0.7 5,688 5,636 5,554 5,289 7.5

 Turbines, generators, and other

 power transmission equipment............ 10,047 10,162 10,058 -1.1 1.0 0.2 10,156 10,144 9,557 10,217 -0.6

 Material handling equipment.................. 4,127 4,099 4,048 0.7 1.3 1.4 4,104 4,063 3,993 3,828 7.2

 Computers and electronic products2

............ 45,793 45,990 45,660 -0.4 0.7 1.0 46,225 46,041 44,897 44,658 3.5

 Computers......................................... 1,172 1,169 1,114 0.3 4.9 -2.5 1,207 1,147 1,023 1,100 9.7

 Computer storage devices.................... 1,507 1,477 1,464 2.0 0.9 -0.9 1,511 1,415 1,340 1,438 5.1

 Other peripheral equipment................... 1,275 1,286 1,286 -0.9 0.0 -3.7 1,317 1,302 1,222 1,462 -9.9

 Nondefense communications

 equipment...................................... 4,937 4,951 4,976 -0.3 -0.5 -0.3 4,935 4,865 4,926 5,229 -5.6

 Defense communications equipment........ 813 815 801 -0.2 1.7 -0.6 813 815 801 944 -13.9

 Audio and video equipment.................... 799 802 742 -0.4 8.1 -4.9 725 737 651 604 20.0

 Electronic components.......................... 8,108 8,185 8,190 -0.9 -0.1 3.1 8,183 8,382 8,141 7,319 11.8

 Nondefense search and navigation

 equipment...................................... 3,397 3,424 3,397 -0.8 0.8 1.1 3,403 3,453 3,372 3,183 6.9

 Defense search and navigation

 equipment....................................... 3,119 3,098 3,058 0.7 1.3 9.1 3,265 3,147 3,043 2,806 16.4

 Electromedical, measuring 

 and control instruments...................... 14,539 14,623 14,601 -0.6 0.2 -0.2 14,749 14,710 14,315 14,715 0.2

 Electrical equipment, appliances, 

 and components.................................... 16,642 16,673 16,649 -0.2 0.1 0.6 16,900 16,835 16,574 16,652 1.5

 Electric lighting equipment..................... 1,890 1,876 1,880 0.7 -0.2 0.5 1,925 1,881 1,841 1,873 2.8

 Household appliances........................... 2,051 2,046 2,044 0.2 0.1 1.4 2,089 2,095 2,049 2,065 1.2

 Electrical equipment............................. 5,029 5,022 5,043 0.1 -0.4 0.7 5,123 5,072 4,983 5,109 0.3

 Batteries............................................ 1,344 1,341 1,341 0.2 0.0 -0.5 1,372 1,360 1,316 1,354 1.3

 Transportation equipment......................... 129,845 130,118 129,761 -0.2 0.3 -0.1 130,931 131,209 129,602 123,592 5.9

 Automobiles....................................... 5,076 5,115 5,123 -0.8 -0.2 6.5 4,926 5,166 5,225 4,005 23.0

 Light trucks and utility vehicles.............. 3,912 3,939 3,929 -0.7 0.3 1.7 3,912 3,993 3,948 3,685 6.2

 Heavy duty trucks ............................... 1,872 1,829 1,763 2.4 3.7 3.4 1,934 1,839 1,741 1,694 14.2

 Motor vehicle bodies, parts, 

 and trailers...................................... 25,317 25,224 25,333 0.4 -0.4 1.2 25,303 25,387 25,355 22,999 10.0

 Nondefense aircraft and parts................ 65,755 66,246 66,433 -0.7 -0.3 -0.4 67,005 67,001 66,197 64,917 3.2

 Defense aircraft and parts..................... 12,916 12,957 12,677 -0.3 2.2 -2.7 13,001 13,027 12,654 12,716 2.2

 Ships and boats.................................. 2,159 2,148 2,168 0.5 -0.9 -5.0 2,091 2,123 2,210 2,228 -6.1

 Furniture and related products.................... 7,082 7,102 7,125 -0.3 -0.3 1.0 7,180 7,056 6,937 6,757 6.3

 Miscellaneous durable goods..................... 22,698 22,652 22,629 0.2 0.1 1.3 22,786 22,608 22,450 22,056 3.3

 Nondurable goods industries...................... 249,200 248,177 247,628 0.4 0.2 -0.3 250,896 249,261 248,055 269,485 -6.9

 Food products........................................ 52,964 52,767 52,618 0.4 0.3 -0.3 51,622 51,429 51,283 51,906 -0.5

 Grain and oilseed milling........................ 5,717 5,741 5,865 -0.4 -2.1 -1.3 5,436 5,628 5,852 6,038 -10.0

 Dairy products.................................... 8,000 8,004 8,099 0.0 -1.2 -2.6 8,313 8,225 8,079 8,749 -5.0

 Meat, poultry, and seafood products....... 9,528 9,486 9,475 0.4 0.1 -1.4 9,391 9,277 9,334 9,405 -0.1

 Beverage and tobacco products................ 19,915 19,691 19,710 1.1 -0.1 -0.4 19,747 19,815 19,871 19,129 3.2

 Beverages......................................... 15,697 15,493 15,534 1.3 -0.3 -0.5 15,609 15,619 15,611 15,256 2.3

 Tobacco............................................ 4,218 4,198 4,176 0.5 0.5 -0.1 4,138 4,196 4,260 3,873 6.8

 Textile mills............................................ 3,230 3,223 3,244 0.2 -0.6 -1.0 3,265 3,238 3,258 3,298 -1.0

 Textile products...................................... 2,966 2,979 2,991 -0.4 -0.4 -0.6 3,008 3,003 2,985 3,139 -4.2

 Apparel................................................. 2,508 2,480 2,434 1.1 1.9 -4.7 2,468 2,395 2,323 2,135 15.6

 Leather and allied products....................... 869 863 864 0.7 -0.1 -0.5 869 839 839 859 1.2

 Paper products....................................... 16,562 16,557 16,562 0.0 0.0 -0.4 16,637 16,584 16,621 16,231 2.5

 Pulp, paper, and paperboard mills........... 7,267 7,242 7,241 0.3 0.0 -0.1 7,369 7,290 7,340 6,470 13.9

 Paperboard containers......................... 4,675 4,704 4,702 -0.6 0.0 -0.8 4,672 4,693 4,665 5,219 -10.5

 Printing.................................................. 5,757 5,747 5,676 0.2 1.3 0.1 5,719 5,751 5,588 5,459 4.8

 Petroleum and coal products..................... 38,302 37,437 36,976 2.3 1.2 -0.2 39,546 37,685 36,775 55,634 -28.9

 Petroleum refineries............................. 33,600 32,683 32,012 2.8 2.1 -0.4 34,752 32,930 31,868 50,698 -31.5

 Chemical products..................................... 81,511 81,841 81,910 -0.4 -0.1 -0.3 82,963 83,407 83,362 86,121 -3.7

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,786 4,769 4,540 0.4 5.0 -1.5 4,619 4,952 4,947 4,742 -2.6

 Pharmaceuticals and medicines.............. 31,452 31,445 31,394 0.0 0.2 0.9 32,356 32,207 32,001 32,566 -0.6

 Paints, coatings, and adhesives.............. 3,733 3,777 3,790 -1.2 -0.3 0.3 3,821 3,952 3,917 3,694 3.4

 Plastics and rubber products..................... 24,616 24,592 24,643 0.1 -0.2 -0.1 25,052 25,115 25,150 25,574 -2.0

p Preliminary r Revised data due to late receipts and concurrent seasonal adjustment.

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted 

estimates of shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences,

where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 2 Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals. 

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 Series1, 2

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry % Change6

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2015/

2015p 2015r 2015 May Apr. Mar. 2015p 2015r 2015 2014 2015p 2014 2014

SHIPMENTS

 All manufacturing industries................... 482,071 482,323 482,432 -0.1 0.0 0.5 487,440 485,384 507,773 514,186 2,363,432 2,456,849 -3.8

 Construction materials and supplies....... 45,943 46,439 46,441 -1.1 0.0 -0.5 47,856 47,765 46,385 49,239 223,874 220,139 1.7

 Information technology......................... 23,662 23,846 23,865 -0.8 -0.1 2.5 22,753 21,839 27,181 22,501 112,215 108,992 3.0

 Computers and related products........... 2,111 2,120 2,263 -0.4 -6.3 10.0 1,818 1,686 2,975 2,069 9,348 10,211 -8.5

 Motor vehicle and parts......................... 50,809 50,796 51,212 0.0 -0.8 6.0 51,440 52,436 56,364 48,786 250,493 230,709 8.6

 Capital goods...................................... 88,391 89,080 88,562 -0.8 0.6 1.5 86,629 85,630 98,437 84,891 426,101 413,435 3.1

 Nondefense capital goods3

.................. 78,910 79,634 78,930 -0.9 0.9 0.9 77,175 76,710 87,516 75,524 380,826 367,926 3.5

 Excluding aircraft............................. 69,100 69,177 69,068 -0.1 0.2 1.0 68,144 67,274 75,925 68,744 336,220 332,540 1.1

 Defense capital goods4........................ 9,481 9,446 9,632 0.4 -1.9 6.7 9,454 8,920 10,921 9,367 45,275 45,509 -0.5

 Consumer goods.................................. 194,281 193,075 193,189 0.6 -0.1 0.6 197,749 193,170 198,693 219,182 944,964 1,049,204 -9.9

 Consumer durable goods..................... 35,507 35,306 35,572 0.6 -0.7 4.9 35,709 36,135 39,393 35,085 174,076 166,898 4.3

 Consumer nondurable goods................ 158,774 157,769 157,617 0.6 0.1 -0.3 162,040 157,035 159,300 184,097 770,888 882,306 -12.6

 All manufacturing industries5

................... 470,478 475,026 478,504 -1.0 -0.7 2.2 470,188 473,214 504,967 511,149 2,319,508 2,471,135 -6.1

 Construction materials and supplies....... 45,749 46,161 46,407 -0.9 -0.5 -0.2 48,145 48,040 47,152 50,784 225,965 226,062 0.0

 Information technology......................... 24,127 24,260 25,529 -0.5 -5.0 7.0 22,654 22,830 29,654 22,319 117,466 114,817 2.3

 Computers and related products........... 2,037 2,207 2,294 -7.7 -3.8 10.3 1,744 1,773 3,006 2,282 9,441 10,293 -8.3

 Motor vehicle and parts......................... 50,825 50,915 50,679 -0.2 0.5 4.5 51,267 52,078 55,820 48,835 250,342 231,636 8.1

 Capital goods...................................... 82,238 87,369 90,449 -5.9 -3.4 8.4 75,466 81,108 100,335 85,174 408,409 440,042 -7.2

 Nondefense capital goods3

.................. 73,473 79,256 81,074 -7.3 -2.2 7.4 68,612 73,935 88,153 78,280 368,244 388,853 -5.3

 Excluding aircraft............................. 67,799 68,051 68,512 -0.4 -0.7 1.6 66,240 67,827 76,093 68,717 340,302 350,725 -3.0

 Defense capital goods4........................ 8,765 8,113 9,375 8.0 -13.5 17.8 6,854 7,173 12,182 6,894 40,165 51,189 -21.5

 Consumer goods.................................. 194,331 193,001 193,312 0.7 -0.2 0.6 197,705 193,110 198,907 219,240 945,389 1,049,527 -9.9

 Consumer durable goods..................... 35,557 35,232 35,695 0.9 -1.3 5.2 35,665 36,075 39,607 35,143 174,501 167,221 4.4

 Consumer nondurable goods.............. 158,774 157,769 157,617 0.6 0.1 -0.3 162,040 157,035 159,300 184,097 770,888 882,306 -12.6

 All manufacturing industries5

................... 1,194,624 1,200,999 1,203,506 -0.5 -0.2 0.1 1,194,898 1,208,043 1,214,421 1,131,061 (X) (X) 5.6

 Construction materials and supplies....... 54,389 54,583 54,861 -0.4 -0.5 -0.1 55,733 55,444 55,169 53,473 (X) (X) 4.2

 Information technology......................... 134,555 134,090 133,676 0.3 0.3 1.3 135,468 135,567 134,576 124,512 (X) (X) 8.8

 Computers and related products........... 2,565 2,639 2,552 -2.8 3.4 1.2 2,565 2,639 2,552 2,071 (X) (X) 23.9

 Motor vehicle and parts......................... 21,650 21,634 21,515 0.1 0.6 -2.4 21,879 22,052 22,410 19,847 (X) (X) 10.2

 Capital goods...................................... 907,100 913,253 914,964 -0.7 -0.2 0.2 906,542 917,705 922,227 849,865 (X) (X) 6.7

 Nondefense capital goods3

.................. 756,552 761,989 762,367 -0.7 0.0 0.3 756,412 764,975 767,750 687,694 (X) (X) 10.0

 Excluding aircraft............................. 247,661 248,962 250,088 -0.5 -0.5 -0.2 250,448 252,352 251,799 239,710 (X) (X) 4.5

 Defense capital goods4

........................ 150,548 151,264 152,597 -0.5 -0.9 -0.2 150,130 152,730 154,477 162,171 (X) (X) -7.4

 Consumer goods.................................. 5,546 5,496 5,570 0.9 -1.3 2.3 5,688 5,732 5,792 4,910 (X) (X) 15.8

 Consumer durable goods..................... 5,546 5,496 5,570 0.9 -1.3 2.3 5,688 5,732 5,792 4,910 (X) (X) 15.8

 All manufacturing industries................... 649,664 649,569 648,373 0.0 0.2 -0.1 654,672 652,942 647,916 658,990 (X) (X) -0.7

 Construction materials and supplies....... 65,891 66,103 66,199 -0.3 -0.1 0.6 66,815 67,074 67,071 64,336 (X) (X) 3.9

 Information technology......................... 39,405 39,543 39,294 -0.3 0.6 0.4 39,827 39,482 38,530 39,198 (X) (X) 1.6

 Computers and related products........... 3,954 3,932 3,864 0.6 1.8 -2.3 4,035 3,864 3,585 4,000 (X) (X) 0.9

 Motor vehicle and parts......................... 36,177 36,107 36,148 0.2 -0.1 2.1 36,075 36,385 36,269 32,383 (X) (X) 11.4

 Capital goods...................................... 197,988 198,974 198,257 -0.5 0.4 -0.2 200,371 200,162 196,654 195,308 (X) (X) 2.6

 Nondefense capital goods3

.................. 176,228 177,319 177,207 -0.6 0.1 0.0 178,538 178,373 175,503 175,072 (X) (X) 2.0

 Excluding aircraft............................. 121,560 121,864 121,678 -0.2 0.2 0.3 122,695 122,101 120,197 121,135 (X) (X) 1.3

 Defense capital goods4

........................ 21,760 21,655 21,050 0.5 2.9 -1.4 21,833 21,789 21,151 20,236 (X) (X) 7.9

 Consumer goods.................................. 187,443 186,142 185,174 0.7 0.5 0.2 187,881 185,799 184,227 200,948 (X) (X) -6.5

 Consumer durable goods..................... 29,172 29,252 29,095 -0.3 0.5 1.8 29,020 29,258 28,990 27,222 (X) (X) 6.6

 Consumer nondurable goods................ 158,271 156,890 156,079 0.9 0.5 -0.1 158,861 156,541 155,237 173,726 (X) (X) -8.6

X Not Applicable p Preliminary r Revised data due to late receipts and concurrent seasonal adjustment.

1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted 

estimates of shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.

2

 Topical series are regroupings of the separate industry categories.

3

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

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

material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral equipment; communications equipment; search and navigation

equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock;

ships and boats; office and institutional furniture; and medical equipment and supplies.

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 

6

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

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 Group1 

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2015/

2015p 2015r 2015 May Apr. Mar. 2015p 2015r 2015 2014 2014

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 215,483 216,181 215,830 -0.3 0.2 -0.2 215,304 216,309 215,345 218,888 -1.6

 Durable goods industries.......................... 134,108 134,681 134,592 -0.4 0.1 0.1 133,714 134,336 134,010 131,662 1.6

 Wood products................................... 4,558 4,573 4,446 -0.3 2.9 2.4 4,287 4,318 4,431 3,901 9.9

 Nonmetallic mineral products................. 5,030 5,084 5,009 -1.1 1.5 1.4 5,031 5,103 5,018 5,068 -0.7

 Primary metals.................................... 14,701 14,738 14,795 -0.3 -0.4 -3.2 14,359 14,352 14,574 14,200 1.1

 Fabricated metal products........................ 17,776 17,948 17,995 -1.0 -0.3 -0.5 17,729 18,015 17,936 17,827 -0.5

 Machinery.......................................... 26,463 26,532 26,417 -0.3 0.4 0.2 26,753 26,644 26,259 25,901 3.3

 Computers and electronic products........ 18,907 19,048 19,040 -0.7 0.0 1.1 18,954 19,090 18,926 18,498 2.5

 Electrical equipment, appliances,

 and components............................... 6,642 6,695 6,669 -0.8 0.4 -0.1 6,710 6,703 6,628 6,921 -3.0

 Transportation equipment..................... 28,688 28,870 29,021 -0.6 -0.5 0.6 28,452 28,950 29,132 28,399 0.2

 Furniture and related products............... 3,680 3,677 3,682 0.1 -0.1 0.2 3,708 3,675 3,637 3,462 7.1

 Miscellaneous products......................... 7,663 7,516 7,518 2.0 0.0 0.9 7,731 7,486 7,469 7,485 3.3

 Nondurable goods industries...................... 81,375 81,500 81,238 -0.2 0.3 -0.7 81,590 81,973 81,335 87,226 -6.5

 Food products.................................... 17,811 17,912 17,898 -0.6 0.1 -0.3 17,295 17,721 17,535 17,753 -2.6

 Beverage and tobacco products................. 5,129 5,075 5,074 1.1 0.0 -1.2 5,124 5,189 5,190 5,026 1.9

 Textiles.............................................. 1,167 1,161 1,158 0.5 0.3 -0.1 1,183 1,168 1,179 1,171 1.0

 Textile products................................... 1,143 1,192 1,179 -4.1 1.1 -0.3 1,160 1,202 1,165 1,187 -2.3

 Apparel............................................. 848 827 796 2.5 3.9 -2.2 849 815 777 648 31.0

 Leather and allied products.................... 243 245 244 -0.8 0.4 -0.8 244 242 238 258 -5.4

 Paper products.................................... 8,528 8,514 8,512 0.2 0.0 -0.6 8,524 8,493 8,546 8,262 3.2

 Printing ............................................. 2,821 2,801 2,750 0.7 1.9 -0.5 2,796 2,791 2,743 2,693 3.8

 Petroleum and coal products................. 8,518 8,449 8,306 0.8 1.7 -1.9 8,937 8,679 8,402 12,908 -30.8

 Chemical products................................ 25,178 25,371 25,410 -0.8 -0.2 -0.6 25,456 25,616 25,576 26,992 -5.7

 Plastics and rubber products.................. 9,989 9,953 9,911 0.4 0.4 -0.5 10,022 10,057 9,984 10,328 -3.0

WORK IN PROCESS

 All manufacturing industries....................... 204,217 203,923 203,328 0.1 0.3 -0.1 206,408 205,619 203,484 205,761 0.3

 Durable goods industries.......................... 156,179 156,629 156,435 -0.3 0.1 0.1 158,203 157,934 155,601 149,718 5.7

 Wood products................................... 2,326 2,254 2,267 3.2 -0.6 0.4 2,365 2,288 2,314 2,114 11.9

 Nonmetallic mineral products................. 1,509 1,497 1,478 0.8 1.3 1.9 1,540 1,543 1,522 1,364 12.9

 Primary metals.................................... 11,371 11,590 11,723 -1.9 -1.1 -1.0 11,443 11,715 11,700 11,030 3.7

 Fabricated metal products........................ 13,140 13,272 13,344 -1.0 -0.5 0.3 13,248 13,317 13,244 13,185 0.5

 Machinery.......................................... 19,632 19,678 19,883 -0.2 -1.0 0.7 19,832 19,662 19,589 19,396 2.2

 Computers and electronic products........ 15,460 15,366 15,252 0.6 0.7 2.1 15,817 15,580 15,084 15,107 4.7

 Electrical equipment, appliances,

 and components............................... 3,936 3,906 3,907 0.8 0.0 0.4 4,012 3,951 3,887 3,742 7.2

 Transportation equipment..................... 83,893 84,196 83,812 -0.4 0.5 -0.4 84,993 84,988 83,544 79,327 7.1

 Furniture and related products............... 1,077 1,048 1,048 2.8 0.0 0.5 1,085 1,047 1,035 991 9.5

 Miscellaneous products......................... 3,835 3,822 3,721 0.3 2.7 3.0 3,868 3,843 3,682 3,462 11.7

 Nondurable goods industries...................... 48,038 47,294 46,893 1.6 0.9 -0.9 48,205 47,685 47,883 56,043 -14.0

 Food products.................................... 5,756 5,516 5,376 4.4 2.6 -0.5 5,303 5,108 5,283 4,942 7.3

 Beverage and tobacco products................. 7,260 7,121 7,062 2.0 0.8 0.0 6,974 7,038 7,184 6,546 6.5

 Textiles.............................................. 762 778 767 -2.1 1.4 -3.5 768 778 759 805 -4.6

 Textile products................................... 447 450 449 -0.7 0.2 0.9 454 459 449 440 3.2

 Apparel............................................. 317 321 337 -1.2 -4.7 -0.6 320 317 317 335 -4.5

 Leather and allied products.................... 91 91 97 0.0 -6.2 2.1 92 92 98 100 -8.0

 Paper products.................................... 1,302 1,294 1,312 0.6 -1.4 0.8 1,309 1,301 1,320 1,288 1.6

 Printing ............................................. 1,338 1,327 1,300 0.8 2.1 2.4 1,285 1,337 1,269 1,201 7.0

 Petroleum and coal products................. 10,491 10,146 9,529 3.4 6.5 -5.7 10,859 10,450 9,687 18,776 -42.2

 Chemical products................................ 17,563 17,545 17,929 0.1 -2.1 0.4 18,097 18,049 18,732 18,863 -4.1

 Plastics and rubber products.................. 2,711 2,705 2,735 0.2 -1.1 3.0 2,744 2,756 2,785 2,747 -0.1

FINISHED GOODS

 All manufacturing industries....................... 229,964 229,465 229,215 0.2 0.1 0.0 232,960 231,014 229,087 234,341 -0.6

 Durable goods industries.......................... 110,177 110,082 109,718 0.1 0.3 -0.1 111,859 111,411 110,250 108,125 3.5

 Wood products................................... 4,306 4,385 4,417 -1.8 -0.7 0.1 4,432 4,607 4,709 4,390 1.0

 Nonmetallic mineral products................. 6,608 6,559 6,663 0.7 -1.6 -0.5 6,840 6,744 6,906 6,714 1.9

 Primary metals.................................... 11,839 11,696 11,736 1.2 -0.3 -3.5 12,017 11,844 12,032 12,203 -1.5

 Fabricated metal products........................ 18,212 18,076 17,918 0.8 0.9 -0.4 18,633 18,447 18,295 17,068 9.2

 Machinery.......................................... 20,933 20,975 20,830 -0.2 0.7 0.6 21,245 21,333 20,872 21,429 -0.9

 Computers and electronic products........ 11,426 11,576 11,368 -1.3 1.8 -0.4 11,454 11,371 10,887 11,053 3.6

 Electrical equipment, appliances,

 and components............................... 6,064 6,072 6,073 -0.1 0.0 1.5 6,178 6,181 6,059 5,989 3.2

 Transportation equipment..................... 17,264 17,052 16,928 1.2 0.7 0.5 17,486 17,271 16,926 15,866 10.2

 Furniture and related products............... 2,325 2,377 2,395 -2.2 -0.8 2.4 2,387 2,334 2,265 2,304 3.6

 Miscellaneous products......................... 11,200 11,314 11,390 -1.0 -0.7 1.0 11,187 11,279 11,299 11,109 0.7

 Nondurable goods industries...................... 119,787 119,383 119,497 0.3 -0.1 0.1 121,101 119,603 118,837 126,216 -4.1

 Food products.................................... 29,397 29,339 29,344 0.2 0.0 -0.4 29,024 28,600 28,465 29,211 -0.6

 Beverage and tobacco products................. 7,526 7,495 7,574 0.4 -1.0 -0.3 7,649 7,588 7,497 7,557 1.2

 Textiles.............................................. 1,301 1,284 1,319 1.3 -2.7 -0.4 1,314 1,292 1,320 1,322 -0.6

 Textile products................................... 1,376 1,337 1,363 2.9 -1.9 -1.4 1,394 1,342 1,371 1,512 -7.8

 Apparel............................................. 1,343 1,332 1,301 0.8 2.4 -7.1 1,299 1,263 1,229 1,152 12.8

 Leather and allied products.................... 535 527 523 1.5 0.8 -0.8 533 505 503 501 6.4

 Paper products.................................... 6,732 6,749 6,738 -0.3 0.2 -0.4 6,804 6,790 6,755 6,681 1.8

 Printing ............................................. 1,598 1,619 1,626 -1.3 -0.4 -0.6 1,638 1,623 1,576 1,565 4.7

 Petroleum and coal products................. 19,293 18,842 19,141 2.4 -1.6 3.7 19,750 18,556 18,686 23,950 -17.5

 Chemical products................................ 38,770 38,925 38,571 -0.4 0.9 -0.5 39,410 39,742 39,054 40,266 -2.1

 Plastics and rubber products.................. 11,916 11,934 11,997 -0.2 -0.5 -0.5 12,286 12,302 12,381 12,499 -1.7

p Preliminary r Revised data due to late receipts and concurrent seasonal adjustment.

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted 

estimates of shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences,

where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.

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 1

[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry May Apr Mar Feb May Apr Mar Feb

2015p 2015r 2015 2015 2015p 2015r 2015 2015

All manufacturing industries3............................ 1.35 1.35 1.34 1.35 (X) (X) (X) (X)

Durable goods industries3.................................. 1.67 1.67 1.67 1.69 6.98 6.98 6.99 7.07

 Wood products.............................................. 1.43 1.42 1.40 1.34 (X) (X) (X) (X)

 Nonmetallic mineral products......................... 1.38 1.36 1.35 1.35 (X) (X) (X) (X)

 Primary metals.............................................. 1.77 1.77 1.74 1.77 1.67 1.66 1.62 1.63

 Fabricated metal products.............................. 1.64 1.64 1.64 1.64 2.81 2.81 2.83 2.84

 Machinery..................................................... 2.00 2.02 2.02 2.02 3.65 3.73 3.78 3.84

 Computers and electronic products3

................ 1.56 1.59 1.58 1.60 6.02 5.95 5.99 6.18

 Electrical equipment, appliances,

 and components........................................ 1.60 1.60 1.59 1.57 2.39 2.41 2.41 2.37

 Transportation equipment.............................. 1.69 1.68 1.67 1.74 15.53 15.35 15.39 15.82

 Furniture and related products........................ 1.13 1.14 1.15 1.14 1.45 1.45 1.48 1.48

 Miscellaneous products.................................. 1.60 1.58 1.59 1.58 (X) (X) (X) (X)

Nondurable goods industries............................. 1.03 1.02 1.02 1.02 (X) (X) (X) (X)

 Food products.............................................. 0.80 0.80 0.79 0.79 (X) (X) (X) (X)

 Beverage and tobacco products...................... 1.59 1.54 1.56 1.64 (X) (X) (X) (X)

 Textiles........................................................ 1.29 1.26 1.27 1.28 (X) (X) (X) (X)

 Textile products............................................ 1.58 1.57 1.62 1.61 (X) (X) (X) (X)

 Apparel......................................................... 2.25 2.22 2.13 2.16 (X) (X) (X) (X)

 Leather and allied products............................. 1.80 1.79 1.82 1.92 (X) (X) (X) (X)

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

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

 Petroleum and coal products........................... 0.73 0.73 0.72 0.71 (X) (X) (X) (X)

 Chemical products......................................... 1.28 1.29 1.30 1.29 (X) (X) (X) (X)

 Plastics and rubber products........................... 1.29 1.29 1.28 1.28 (X) (X) (X) (X)

X Not Applicable p

 Preliminary r Revised data due to late receipts and concurrent seasonal adjustment.

2

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

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

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

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

trucks; and miscellaneous furniture.

3 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

May

3 May3 May3 May3

Industry 2014- 2014- 2014- 2014-

May2 Apr May2 Apr May2 Apr May2 Apr

2015 2015 2015 2015 2015 2015 2015 2015

 

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

Durable goods industries....................... -0.2 0.3 -0.4 0.6 0.0 0.1 0.0 0.1

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

 Nonmetallic mineral products.............. (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

 Primary metals.................................... -0.2 0.4 -0.2 1.1 -0.1 0.6 0.3 0.4

 Fabricated metal products.................... -0.2 0.3 -0.4 0.4 -0.1 0.1 -0.3 0.1

 Machinery.......................................... 0.0 0.6 0.1 0.9 0.1 0.1 0.0 0.2

 Computers and electronic products..... -0.8 0.5 -1.3 0.6 -0.1 0.1 -0.2 0.2

 Electrical equipment, appliances,

 and components............................. -0.1 0.5 -2.4 1.0 -1.2 0.4 0.2 0.3

 Transportation equipment.................... 0.0 0.4 -0.1 1.2 0.0 0.1 0.0 0.1

 Furniture and related products............. (X) 0.4 (X) 0.7 (X) 0.6 (X) 0.2

 Miscellaneous products...................... (X) 0.7 (X) 0.8 (X) 0.4 (X) 0.2

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

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

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

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

 Textile products.................................. (X) 2.2 (X) (NA) (X) (NA) (X) 0.6

 Apparel.............................................. (X) 1.2 (X) (NA) (X) (NA) (X) 0.9

 Leather and allied products.................... (X) 0.9 (X) (NA) (X) (NA) (X) 0.5

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

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

 Petroleum and coal products................. (X) 0.6 (X) (NA) (X) (NA) (X) 1.2

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

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

X Not Applicable NA Not Available

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories 

are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for non-calendar 

reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, 

as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted 

for price changes.

2

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

 publication.

3

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

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

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

Table 8. Revisions to Previously Published Monthly Percent Changes 1

[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Shipments New Orders Unfilled Orders Inventories
9 

Survey Description 

This report is compiled from results of the U.S. Census Bureau’s Manufacturers’ Shipments, Inventories, 

and Orders (M3) survey, which is a voluntary survey authorized by Title 13 of the United States Code. 

This survey provides statistics on a calendar-month basis for manufacturers' value of shipments, new 

orders (net of cancellations), end-of-month order backlog (unfilled orders), end-of-month total inventory 

(at current cost or market value), and inventories by stage of fabrication (materials and supplies, work-inprocess, and finished goods). Data published from the M3 survey are based on a panel of approximately 

4,800 reporting units that represent approximately 3,000 companies and provide an indication of monthto-month change for the Manufacturing Sector. These reporting units may be divisions of diversified 

large companies, large homogenous companies, or single-unit manufacturers in 92 industry categories, 

which are combined into 65 publication levels due to the small monthly panel size. The survey 

methodology assumes that the month-to-month changes of the total operations of the reporting units in the 

M3 panel effectively represent the month-to-month movements of all establishments that make up the 

category. 

The companies for which shipments data are currently reported or imputed in the M3 survey represent 

approximately 61 percent of the total value of shipments for manufacturing establishments in the 2012 

Economic Census, and these companies include almost two-thirds of the manufacturing companies with 

$500 million or more in shipments in the 2012 Economic Census. The companies for which shipments 

data are currently reported in the M3 survey represent approximately 54 percent of the total value of 

shipments for manufacturing establishments in the 2012 Economic Census. Statistics based on the M3 

panel differ from the results that would be obtained from a complete enumeration of all manufacturing 

companies. The M3 panel is not based on a probability sample; therefore, the sampling errors that are 

normally provided with sample surveys cannot be measured. Nonsampling errors are attributable to many 

sources. The use of company or divisional reports to estimate the monthly change for establishments is 

one source of nonsampling error. The use of primarily large companies to represent the month-to-month 

movement of all companies is another potential source. Any corrections will be published in the full 

report. Corrections received after the full report will be released in the next month’s advance report. Any 

revisions made later than two months will be reflected in the annual benchmark publication. 

Additional survey documentation can be found on our web site: http://www.census.gov/m3. 

Benchmark notice 

Revised historical data from the Manufacturers’ Shipments, Inventories, and Orders (M3) Survey 

were issued on May 14, 2015. These revisions result from benchmarking the shipments and 

inventories data to the 2012 Economic Census and the 2013 Annual Survey of Manufactures (ASM) 

data on a 2012 North American Industry Classification System (NAICS) basis, as well as revised 

ASM benchmarks for prior years on a 2007 NAICS basis; incorporating the unfilled orders to 

shipments ratios obtained from the 2013/2012 and 2012/2011 Manufacturers’ Unfilled Orders 

Surveys by applying these ratios to the respective Census or ASM shipments data, as well as 

incorporating revised unfilled orders to shipments ratios for prior years; adjusting the new orders data 

to be consistent with the benchmarked shipments and unfilled orders data; correcting monthly data for 

late receipts, reclassifications of reported data, and revisions to previously reported data; and updating 

the seasonally adjusted data based on the results of benchmarking and the recent annual review of the 

seasonal adjustment models. These revisions spanned the seasonally adjusted data for January 1997 

through March 2015 and the data not seasonally adjusted for January 2001 through March 2015. An 

updated Press Release contains revised monthly tables for January 2015 through March 2015 on a 

2012 NAICS basis, which will be the new basis for publishing data from the M3 Survey starting with 

the April 2015 Advance Report on Durable Goods. Please call M3 staff on (301) 763-4832 with any 

questions.