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FOR RELEASE AT 10:00 AM EDT, FRIDAY, JULY 2, 2021

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

MAY 2021

Release Number: CB 21-88 M3-2 (21)-05

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

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

COVID-19 FAQs>.

July 2, 2021 — The U.S. Census Bureau announces the May full report on manufacturers’ shipments, 

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

MAY 2021 $495.5 billion +1.7%°

APRIL 2021

(revised) $487.4 billion -0.1%°

Next release: August 3, 2021

Data adjusted for seasonal variation but not for price changes.

Statistical significance is not measurable for this survey. The Manufacturers' Shipments, 

Inventories, and Orders estimates are not based on a probability sample, so the sampling error 

of these estimates cannot be measured nor can the confidence intervals be computed.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, July 2, 2021.

Summary

New orders for manufactured goods in May, up twelve of the last thirteen months, increased $8.1 billion 

or 1.7 percent to $495.5 billion, the U.S. Census Bureau reported today. This followed a 0.1 percent April

decrease. Shipments, also up twelve of the last thirteen months, increased $3.3 billion or 0.7 percent to

$490.4 billion. This followed a 0.2 percent April increase. Unfilled orders, up four consecutive months,

increased $9.6 billion or 0.8 percent to $1,209.5 billion. This followed a 0.4 percent April increase. The 

unfilled orders-to-shipments ratio was 6.95, up from 6.88 in April. Inventories, up eleven of the last twelve

months, increased $6.6 billion or 0.9 percent to $731.6 billion. This followed a 0.5 percent April increase. 

The inventories-to-shipments ratio was 1.49, unchanged from April.

Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May21

% Change 8.8% 5.9% 1.4% 1.0% 0.9% 1.6% 1.7% 2.3% 0.4% 1.4% -0.1% 1.7%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0% MANUFACTURERS' NEW ORDERS 2020-2021

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, July 2, 2021.
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New Orders

New orders for manufactured durable goods in May, up twelve of the last thirteen months, increased $5.8

billion or 2.3 percent to $253.4 billion, unchanged from the previously published increase. This followed a

0.7 percent April decrease. Transportation equipment, up following two consecutive monthly decreases,

led the increase, $5.3 billion or 7.7 percent to $74.3 billion. New orders for manufactured nondurable 

goods increased $2.4 billion or 1.0 percent to $242.1 billion.

Shipments

Shipments of manufactured durable goods in May, up two of the last three months, increased $0.9 billion 

or 0.4 percent to $248.3 billion, unchanged from the previously published increase. This followed a

virtually unchanged April decrease. Machinery, up seven of the last eight months, led the increase, $0.5

billion or 1.4 percent to $35.2 billion. Shipments of manufactured nondurable goods, up twelve of the last 

thirteen months, increased $2.4 billion or 1.0 percent to $242.1 billion. This followed a 0.5 percent April

increase. Petroleum and coal products, up eleven of the last twelve months, led the increase, $1.1 billion 

or 2.5 percent to $45.2 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in May, up four consecutive months, increased $9.6 billion 

or 0.8 percent to $1,209.5 billion, unchanged from the previously published increase. This followed a 0.4

percent April increase. Transportation equipment, up three of the last four months, led the increase, $3.3

billion or 0.4 percent to $806.3 billion.

Inventories

Inventories of manufactured durable goods in May, up four consecutive months, increased $3.1 billion or 

0.7 percent to $445.5 billion, unchanged from the previously published increase. This followed a 0.7

percent April increase. Primary metals, up ten consecutive months, led the increase, $0.9 billion or 2.4

percent to $38.5 billion. Inventories of manufactured nondurable goods, up nine of the last ten months, 

increased $3.5 billion or 1.2 percent to $286.1 billion. This followed a 0.3 percent April increase. 

Petroleum and coal products, up six of the last seven months, led the increase, $2.2 billion or 5.8 percent 

to $39.9 billion. By stage of fabrication, May materials and supplies increased 0.8 percent in both durable 

and nondurable goods. Work in process increased 0.3 percent in durable goods and 2.2 percent in

nondurable goods. Finished goods increased 1.1 percent in both durable and nondurable goods.
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The Advance Report on durable goods for June is scheduled for release on July 27, 2021 at 8:30 a.m. EDT

and the Full Report on August 3, 2021 at 10:00 a.m. EDT. View the full schedule in the Economic Briefing

Room: <www.census.gov/economic-indicators/>. The full text and tables of this release can be found at

<www.census.gov/m3>.

EXPLANATORY NOTES

Figures in text are adjusted for seasonality, but not for inflation. Figures on new and unfilled orders 

exclude data for semiconductor manufacturing. 

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

decrease. 

Description of the survey 

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

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

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

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

5,000 reporting units that represent approximately 3,100 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 60 percent of the total value of shipments for manufacturing establishments in the 2017

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

$500 million or more in shipments in the 2017 Economic Census. The companies for which shipments data 

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

shipments for manufacturing establishments in the 2017 Economic Census. Statistics based on the M3 

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

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

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

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

Benchmark notice

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

issued on May 14, 2021. These revisions result from

• benchmarking the M3 shipments and inventories data to the 2019 and 2018 Annual Survey of 

Manufactures (ASM) data, as well as to revised ASM data from 2013 through 2016, resulting from 

benchmarking the ASM to the 2017 Economic Census; 

• incorporating the unfilled orders to shipments ratios obtained for 2019 and 2018 from the 

Manufacturers’ Unfilled Orders (M3UFO) Survey by applying these ratios to the respective 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;

• 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 2007 through March 2021 and the data 

not seasonally adjusted for January 2012 through March 2021. An updated Press Release contains revised 

monthly tables for January 2021 through March 2021. 
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RESOURCES

API

The Census Bureau’s application programming interface (API) lets developers create custom apps to reach 

new users and makes key demographic, socio-economic and housing statistics more accessible than ever 

before.

<www.census.gov/developers/>.

FRED Mobile App

Receive the latest updates on the nation’s key economic indicators by downloading 

the FRED App <https://fred.stlouisfed.org/fred-mobile/> for both Apple and 

Android devices. FRED, the signature database of the Federal Reserve Bank of St. 

Louis, now incorporates the Census Bureau’s 13 economic indicators.

###
Table 1. Value of Manufacturers' Shipments for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2021/

2021p 2021r 2021 May Apr. Mar. 2021p 2021r 2021 2020 2021p 2020 2020

 All manufacturing industries.................. 490,436 487,131 486,040 0.7 0.2 2.1 495,162 489,567 518,296 392,244 2,390,523 2,126,046 12.4

 Excluding transportation................... 419,414 415,807 412,617 0.9 0.8 1.9 425,738 418,528 434,959 350,051 2,031,515 1,827,893 11.1

 Excluding defense.............................. 476,548 472,913 472,494 0.8 0.1 2.2 481,678 476,017 503,381 379,611 2,324,352 2,063,145 12.7

 With unfilled orders............................ 174,057 174,358 170,761 -0.2 2.1 2.6 172,956 173,459 186,725 139,822 841,729 760,612 10.7

 Durable goods industries......................... 248,312 247,366 247,434 0.4 0.0 2.7 246,241 247,630 269,425 188,220 1,211,633 1,049,222 15.5

 Wood products....................................... 11,753 11,439 11,231 2.7 1.9 4.9 12,589 12,209 11,328 9,027 54,914 42,406 29.5

 Nonmetallic mineral products.................... 11,520 11,494 11,495 0.2 0.0 1.6 11,725 11,824 11,529 10,806 54,804 51,222 7.0

 Primary metals....................................... 22,226 21,847 21,103 1.7 3.5 4.8 22,602 22,788 23,085 16,279 108,355 91,533 18.4

 Iron and steel mills............................ 11,018 10,687 10,329 3.1 3.5 3.5 11,366 11,305 11,504 7,716 54,296 44,983 20.7

 Aluminum and nonferrous metals.......... 9,911 9,914 9,540 0.0 3.9 5.7 9,914 10,179 10,206 7,424 47,877 40,204 19.1

 Ferrous metal foundries....................... 1,297 1,246 1,234 4.1 1.0 8.7 1,322 1,304 1,375 1,139 6,182 6,346 -2.6

 Fabricated metal products....................... 33,326 33,305 33,018 0.1 0.9 3.4 33,813 33,959 34,727 27,454 162,236 144,125 12.6

 Machinery............................................. 35,195 34,707 34,165 1.4 1.6 2.4 35,415 35,252 38,073 29,260 170,547 151,682 12.4

 Farm machinery................................. 2,575 2,544 2,620 1.2 -2.9 -3.6 2,714 3,247 3,325 2,177 14,783 12,363 19.6

 Construction machinery..................... 3,104 3,065 3,173 1.3 -3.4 1.8 3,261 3,226 3,482 2,432 15,643 13,015 20.2

 Mining, oil field, and 

 gas field machinery.......................... 1,293 1,309 1,295 -1.2 1.1 2.0 1,242 1,229 1,420 1,190 6,269 7,092 -11.6

 Industrial machinery.......................... 4,519 4,363 3,599 3.6 21.2 12.2 4,440 3,944 4,160 2,920 18,151 14,484 25.3

 Photographic equipment...................... 542 538 520 0.7 3.5 0.8 503 473 610 453 2,489 2,324 7.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,121 4,112 4,027 0.2 2.1 -2.8 4,367 4,186 4,326 3,689 19,539 17,031 14.7

 Metalworking machinery..................... 2,833 2,814 2,791 0.7 0.8 2.4 2,684 2,683 3,051 2,219 13,282 11,803 12.5

 Turbines, generators, and other

 power transmission equipment....... 3,904 3,855 3,870 1.3 -0.4 1.4 3,963 3,908 4,005 3,414 19,408 17,366 11.8

 Material handling equipment............... 2,975 2,839 2,838 4.8 0.0 7.7 2,892 2,810 3,136 2,417 13,881 12,963 7.1

 Computers and electronic products2.......... 28,978 29,071 28,875 -0.3 0.7 0.9 27,201 26,538 31,008 24,949 136,046 125,580 8.3

 Computers........................................ 736 730 725 0.8 0.7 -3.1 773 670 713 694 3,355 3,211 4.5

 Computer storage devices..................... 751 725 665 3.6 9.0 0.9 581 615 899 414 3,196 2,473 29.2

 Other peripheral equipment................ 554 604 541 -8.3 11.6 -5.1 513 516 542 481 2,537 2,223 14.1

 Nondefense communications

 equipment.................................... 3,187 3,165 3,239 0.7 -2.3 0.9 2,900 2,815 3,883 2,557 14,662 12,851 14.1

 Defense communications equipment.... 227 217 225 4.6 -3.6 -1.3 211 218 230 214 1,060 1,025 3.4

 Audio and video equipment.................... 233 219 214 6.4 2.3 -1.8 221 179 188 209 954 942 1.3

 Electronic components......................... 4,532 4,569 4,595 -0.8 -0.6 0.7 4,512 4,394 4,918 4,239 22,029 20,430 7.8

 Nondefense search and navigation

 equipment...................................... 1,506 1,546 1,481 -2.6 4.4 -1.3 1,490 1,375 1,757 1,403 7,367 7,243 1.7

 Defense search and navigation

 equipment..................................... 3,021 3,065 3,028 -1.4 1.2 0.2 2,965 2,925 3,277 2,840 14,581 14,165 2.9

 Electromedical, measuring,

 and control instruments................. 9,596 9,628 9,592 -0.3 0.4 1.2 9,023 8,740 10,632 8,303 45,252 41,485 9.1

 Electrical equipment, appliances, 

 and components................................... 12,254 12,246 12,174 0.1 0.6 1.9 12,170 12,282 12,938 10,069 58,602 52,325 12.0

 Electric lighting equipment..................... 1,152 1,154 1,154 -0.2 0.0 0.3 1,190 1,147 1,209 1,069 5,595 5,534 1.1

 Household appliances........................ 2,569 2,558 2,659 0.4 -3.8 2.5 2,572 2,627 2,819 1,896 12,438 9,276 34.1

 Electrical equipment............................ 3,240 3,326 3,240 -2.6 2.7 0.7 3,208 3,223 3,615 3,075 15,710 16,727 -6.1

 Batteries........................................... 901 884 875 1.9 1.0 1.6 823 862 892 687 4,077 3,454 18.0

 Transportation equipment........................ 71,022 71,324 73,423 -0.4 -2.9 3.5 69,424 71,039 83,337 42,193 359,008 298,153 20.4

 Automobiles..................................... 5,423 5,228 5,900 3.7 -11.4 1.5 5,382 5,189 6,516 1,674 28,443 25,111 13.3

 Light trucks and utility vehicles.............. 15,704 15,380 18,576 2.1 -17.2 7.2 14,914 15,431 21,424 3,274 85,695 47,599 80.0

 Heavy duty trucks ............................. 2,850 2,674 2,687 6.6 -0.5 2.0 2,859 2,686 3,147 1,710 13,604 10,254 32.7

 Motor vehicle bodies, parts, 

 and trailers.................................... 25,740 25,302 25,864 1.7 -2.2 2.6 25,761 26,288 28,714 19,088 130,769 113,399 15.3

 Nondefense aircraft and parts................ 7,460 8,660 6,951 -13.9 24.6 5.8 6,814 7,717 8,627 3,891 34,102 38,741 -12.0

 Defense aircraft and parts.................. 4,453 4,562 4,543 -2.4 0.4 -1.3 4,237 4,221 5,081 4,375 21,460 22,184 -3.3

 Ships and boats................................. 3,317 3,269 2,881 1.5 13.5 2.1 3,462 3,296 3,136 2,734 15,133 13,767 9.9

 Furniture and related products.................. 5,943 5,952 5,965 -0.2 -0.2 -0.5 5,839 5,885 6,030 5,434 28,957 28,883 0.3

 Miscellaneous durable goods................. 16,095 15,981 15,985 0.7 0.0 0.0 15,463 15,854 17,370 12,749 78,164 63,313 23.5

 Nondurable goods industries..................... 242,124 239,765 238,606 1.0 0.5 1.6 248,921 241,937 248,871 204,024 1,178,890 1,076,824 9.5

 Food products....................................... 69,761 69,396 68,844 0.5 0.8 0.8 69,535 68,269 70,575 64,832 338,755 327,798 3.3

 Grain and oilseed milling....................... 7,672 7,621 7,536 0.7 1.1 0.6 7,544 7,407 7,892 6,910 37,287 34,137 9.2

 Dairy products.................................. 11,061 10,874 10,787 1.7 0.8 0.3 11,051 10,719 10,975 9,910 52,991 50,450 5.0

 Meat, poultry, and seafood products... 19,519 19,224 19,090 1.5 0.7 0.9 20,154 19,468 19,444 18,228 94,531 93,559 1.0

 Beverage and tobacco products................ 13,172 13,091 13,327 0.6 -1.8 4.2 13,845 13,405 13,379 12,560 63,867 60,550 5.5

 Beverages......................................... 9,425 9,471 9,370 -0.5 1.1 1.4 10,098 9,785 9,422 8,936 45,591 42,985 6.1

 Tobacco............................................ 3,747 3,620 3,957 3.5 -8.5 11.4 3,747 3,620 3,957 3,624 18,276 17,565 4.0

 Textile mills........................................... 2,228 2,233 2,275 -0.2 -1.8 3.6 2,326 2,314 2,383 1,921 11,231 10,237 9.7

 Textile products................................... 1,883 1,867 1,875 0.9 -0.4 2.9 1,940 1,913 1,934 1,681 9,242 8,584 7.7

 Apparel................................................ 858 859 861 -0.1 -0.2 1.1 811 751 814 731 3,953 3,756 5.2

 Leather and allied products...................... 485 451 412 7.5 9.5 2.7 471 455 427 307 2,129 1,617 31.7

 Paper products...................................... 17,148 17,138 17,006 0.1 0.8 0.5 17,121 16,854 17,608 15,762 83,626 78,546 6.5

 Pulp, paper, and paperboard mills....... 6,565 6,525 6,462 0.6 1.0 0.9 6,495 6,360 6,639 6,257 31,719 31,278 1.4

 Paperboard containers........................ 5,840 5,888 5,929 -0.8 -0.7 0.8 5,739 5,894 6,155 5,427 28,901 27,169 6.4

 Printing................................................. 6,582 6,643 6,670 -0.9 -0.4 1.3 6,588 6,815 6,928 5,899 32,360 31,673 2.2

 Petroleum and coal products.................. 45,218 44,125 44,188 2.5 -0.1 3.4 50,189 45,562 44,684 23,959 216,657 163,401 32.6

 Petroleum refineries.......................... 41,166 40,041 40,101 2.8 -0.1 3.7 45,940 41,483 40,730 20,245 197,576 145,637 35.7

 Chemical products..................................... 63,911 63,295 62,490 1.0 1.3 0.8 64,770 64,280 68,158 57,052 314,317 292,353 7.5

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,695 2,706 2,744 -0.4 -1.4 0.0 3,103 3,469 3,602 2,885 15,465 14,151 9.3

 Pharmaceuticals and medicines............. 20,629 20,321 20,228 1.5 0.5 0.5 20,289 19,861 21,790 18,737 98,872 91,427 8.1

 Paints, coatings, and adhesives.......... 3,688 3,804 3,865 -3.0 -1.6 2.3 3,994 4,248 4,254 3,509 19,285 16,975 13.6

 Plastics and rubber products.................. 20,878 20,667 20,658 1.0 0.0 1.3 21,325 21,319 21,981 19,320 102,753 98,309 4.5

Year to date

p

 Preliminary 

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

1

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

data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the 

model parameters. Estimates are not adjusted for price changes. 

2

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

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the 

survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 2. Value of Manufacturers' New Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2021/

2021p 2021r 2021 May Apr. Mar. 2021p 2021r 2021 2020 2021p 2020 2020

All manufacturing industries2........................ 495,536 487,409 488,073 1.7 -0.1 1.4 496,105 488,426 528,639 379,743 2,412,180 2,057,766 17.2

 Excluding transportation2...................... 421,251 418,421 414,230 0.7 1.0 2.3 428,268 422,365 439,249 345,887 2,049,106 1,816,318 12.8

 Excluding defense2

.............................. 483,118 476,651 474,317 1.4 0.5 1.9 486,676 477,396 508,736 369,245 2,345,259 1,989,159 17.9

 With unfilled orders2............................. 183,649 179,098 177,221 2.5 1.1 0.7 177,777 176,281 200,889 130,785 883,750 711,205 24.3

 Durable goods industries2......................... 253,412 247,644 249,467 2.3 -0.7 1.3 247,184 246,489 279,768 175,719 1,233,290 980,942 25.7

 Primary metals........................................ 23,641 23,133 21,959 2.2 5.3 5.4 23,828 23,574 24,069 15,856 113,632 91,164 24.6

 Iron and steel mills.............................. 11,661 11,369 10,745 2.6 5.8 5.6 11,769 11,763 12,048 7,624 56,534 44,666 26.6

 Aluminum and nonferrous metals.......... 10,512 10,370 9,807 1.4 5.7 4.1 10,563 10,357 10,599 7,217 50,136 40,413 24.1

 Ferrous metal foundries....................... 1,468 1,394 1,407 5.3 -0.9 12.7 1,496 1,454 1,422 1,015 6,962 6,085 14.4

 Fabricated metal products........................ 36,076 36,597 36,034 -1.4 1.6 7.0 36,917 37,652 38,545 27,453 178,171 144,467 23.3

 Machinery............................................. 36,364 36,400 35,598 -0.1 2.3 3.2 36,288 37,268 39,375 28,928 179,550 154,508 16.2

 Construction machinery........................ 3,284 3,468 3,580 -5.3 -3.1 1.3 3,107 3,617 3,876 2,540 17,767 12,765 39.2

 Mining, oil field, and

 gas field machinery.......................... 1,320 1,289 1,287 2.4 0.2 -7.7 1,269 1,209 1,412 1,065 6,313 6,831 -7.6

 Industrial machinery............................ 4,645 4,539 3,719 2.3 22.0 21.5 4,525 4,257 4,453 2,716 18,939 15,068 25.7

 Photographic equipment....................... 570 534 547 6.7 -2.4 -11.1 500 452 574 437 2,520 2,227 13.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,291 4,320 4,282 -0.7 0.9 -1.4 4,542 4,586 4,643 3,627 21,030 17,874 17.7

 Metalworking machinery....................... 2,932 2,691 2,820 9.0 -4.6 2.6 2,805 2,551 2,935 2,231 13,685 12,397 10.4

 Turbines, generators, and other 

 power transmission equipment........... 3,961 4,048 4,131 -2.1 -2.0 6.8 4,020 4,101 4,266 3,389 20,073 17,515 14.6

 Material handling equipment.................. 3,037 2,938 2,867 3.4 2.5 7.1 2,955 2,799 3,095 2,267 14,150 12,941 9.3

 Computers and electronic products2........... 24,710 24,787 24,675 -0.3 0.5 0.6 23,211 22,890 28,314 21,160 117,753 108,527 8.5

 Computers........................................ 708 713 742 -0.7 -3.9 -1.1 745 653 730 668 3,318 3,129 6.0

 Nondefense communications

 equipment...................................... 3,305 3,247 3,315 1.8 -2.1 3.3 2,979 3,010 4,035 2,526 15,309 13,227 15.7

 Defense communications equipment....... 212 203 213 4.4 -4.7 -3.2 180 189 234 176 982 897 9.5

 Electronic components......................... 4,732 4,757 4,717 -0.5 0.8 3.4 4,681 4,672 4,907 4,116 22,670 20,617 10.0

 Nondefense search and navigation

 equipment...................................... 1,644 1,667 1,570 -1.4 6.2 -2.1 1,601 1,552 1,873 1,461 8,031 7,881 1.9

 Defense search and navigation

 equipment...................................... 2,807 2,868 2,940 -2.1 -2.4 -5.7 2,482 2,742 3,828 2,607 14,391 14,314 0.5

 Electromedical, measuring,

 and control instruments..................... 9,621 9,643 9,615 -0.2 0.3 1.4 9,094 8,634 10,930 8,371 45,676 42,165 8.3

 Electrical equipment, appliances, 

 and components................................... 12,743 12,579 12,521 1.3 0.5 -0.1 12,802 12,787 13,320 10,160 61,953 53,735 15.3

 Electric lighting equipment..................... 1,126 1,140 1,243 -1.2 -8.3 4.0 1,132 1,134 1,312 1,030 5,702 5,425 5.1

 Household appliances.......................... 2,623 2,602 2,683 0.8 -3.0 -2.1 2,665 2,717 2,862 2,023 12,731 9,494 34.1

 Electrical equipment............................ 3,229 3,140 3,197 2.8 -1.8 -4.4 3,181 3,023 3,599 3,017 16,044 17,175 -6.6

 Transportation equipment........................ 74,285 68,988 73,843 7.7 -6.6 -3.1 67,837 66,061 89,390 33,856 363,074 241,448 50.4

 Motor vehicle bodies, parts, 

 and trailers..................................... 26,032 25,735 26,195 1.2 -1.8 2.3 25,863 26,232 28,857 18,912 132,777 113,277 17.2

 Nondefense aircraft and parts3................ 11,685 9,138 6,931 27.9 31.8 -23.6 8,691 5,056 10,386 -2,155 35,623 -23,611 (NA)

 Defense aircraft and parts.................... 3,495 3,553 3,943 -1.6 -9.9 -26.8 2,363 3,164 5,893 3,000 20,754 23,017 -9.8

 Ships and boats.................................. 2,905 1,542 3,711 88.4 -58.4 -5.3 1,520 2,868 6,065 1,620 19,123 17,862 7.1

 Furniture and related products................... 6,186 6,206 6,117 -0.3 1.5 2.3 6,485 6,330 6,519 5,705 31,176 30,165 3.4

 Nondurable goods industries..................... 242,124 239,765 238,606 1.0 0.5 1.6 248,921 241,937 248,871 204,024 1,178,890 1,076,824 9.5

Year to date

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual 

review of the model parameters. Estimates are not adjusted for price changes. 

2

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

3

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

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. 

Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2021/

2021p 2021r 2021 May Apr. Mar. 2021p 2021r 2021 2020 2020

All manufacturing industries2

...................... 1,209,473 1,199,881 1,195,141 0.8 0.4 0.5 1,216,632 1,211,811 1,208,989 1,233,459 -1.4

 Excluding transportation2...................... 403,143 396,814 389,738 1.6 1.8 1.6 408,680 402,272 394,472 364,488 12.1

 Excluding defense2............................. 993,344 982,282 974,082 1.1 0.8 0.6 999,331 990,455 985,113 1,011,247 -1.2

 Durable goods industries2........................ 1,209,473 1,199,881 1,195,141 0.8 0.4 0.5 1,216,632 1,211,811 1,208,989 1,233,459 -1.4

 Primary metals........................................ 39,502 38,087 36,801 3.7 3.5 2.4 39,984 38,758 37,972 31,467 27.1

 Iron and steel mills............................... 18,377 17,734 17,052 3.6 4.0 2.5 18,488 18,085 17,627 14,119 30.9

 Aluminum and nonferrous metals............. 14,465 13,864 13,408 4.3 3.4 2.0 14,791 14,142 13,964 11,924 24.0

 Ferrous metal foundries........................ 6,660 6,489 6,341 2.6 2.3 2.8 6,705 6,531 6,381 5,424 23.6

 Fabricated metal products......................... 98,837 96,087 92,795 2.9 3.5 3.4 100,296 97,192 93,499 81,945 22.4

 Machinery.............................................. 105,018 103,849 102,156 1.1 1.7 1.4 106,439 105,566 103,550 96,569 10.2

 Construction machinery......................... 9,218 9,038 8,635 2.0 4.7 4.9 9,459 9,613 9,222 6,319 49.7

 Mining, oil field, and

 gas field machinery.......................... 4,260 4,233 4,253 0.6 -0.5 -0.2 4,260 4,233 4,253 3,903 9.1

 Industrial machinery............................. 8,912 8,786 8,610 1.4 2.0 1.4 9,200 9,115 8,802 9,728 -5.4

 Photographic equipment........................ 2,004 1,976 1,980 1.4 -0.2 1.4 1,965 1,968 1,989 2,540 -22.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,944 7,774 7,566 2.2 2.7 3.5 8,314 8,139 7,739 6,847 21.4

 Metalworking machinery........................ 9,680 9,581 9,704 1.0 -1.3 0.3 9,785 9,664 9,796 8,774 11.5

 Turbines, generators, and other 

 power transmission equipment............ 21,827 21,770 21,577 0.3 0.9 1.2 21,827 21,770 21,577 21,693 0.6

 Material handling equipment................... 13,006 12,944 12,845 0.5 0.8 0.2 13,016 12,953 12,964 12,411 4.9

 Computers and electronic products2............. 119,009 118,785 118,607 0.2 0.2 0.2 119,810 119,922 119,607 117,330 2.1

 Computers......................................... 1,508 1,536 1,553 -1.8 -1.1 1.1 1,508 1,536 1,553 1,505 0.2

 Nondefense communications

 equipment...................................... 18,433 18,315 18,233 0.6 0.4 0.4 18,615 18,536 18,341 17,620 5.6

 Defense communications equipment........ 433 448 462 -3.3 -3.0 -2.5 436 467 496 542 -19.6

 Electronic components.......................... 13,561 13,361 13,173 1.5 1.4 0.9 13,751 13,582 13,304 13,184 4.3

 Nondefense search and navigation

 equipment....................................... 25,546 25,408 25,287 0.5 0.5 0.4 25,524 25,413 25,236 24,253 5.2

 Defense search and navigation

 equipment....................................... 33,400 33,614 33,811 -0.6 -0.6 -0.3 33,585 34,068 34,251 34,132 -1.6

 Electromedical, measuring,

 and control instruments...................... 26,128 26,103 26,088 0.1 0.1 0.1 26,391 26,320 26,426 26,094 1.1

 Electrical equipment, appliances, 

 and components.................................... 29,308 28,819 28,486 1.7 1.2 1.2 29,955 29,323 28,818 26,059 15.0

 Electric lighting equipment..................... 1,922 1,948 1,962 -1.3 -0.7 4.8 1,896 1,954 1,967 1,760 7.7

 Household appliances........................... 2,788 2,734 2,690 2.0 1.6 0.9 2,790 2,697 2,607 1,702 63.9

 Electrical equipment............................. 12,249 12,260 12,446 -0.1 -1.5 -0.3 12,412 12,439 12,639 12,428 -0.1

 Transportation equipment......................... 806,330 803,067 805,403 0.4 -0.3 0.1 807,952 809,539 814,517 868,971 -7.0

 Motor vehicle bodies, parts, 

 and trailers...................................... 26,484 26,192 25,759 1.1 1.7 1.3 26,855 26,753 26,809 23,426 14.6

 Nondefense aircraft and parts................ 580,021 575,796 575,318 0.7 0.1 0.0 580,281 578,404 581,065 639,140 -9.2

 Defense aircraft and parts..................... 83,134 84,092 85,101 -1.1 -1.2 -0.7 83,275 85,149 86,206 89,245 -6.7

 Ships and boats.................................. 50,510 50,922 52,649 -0.8 -3.3 1.6 51,711 53,653 54,081 48,878 5.8

 Furniture and related products................... 10,819 10,576 10,322 2.3 2.5 1.5 11,546 10,900 10,455 10,475 10.2

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the 

latest annual review of the model parameters. Estimates are not adjusted for price changes. 

2

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

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

nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see 

<http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 4. Value of Manufacturers' Inventories for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2021/

2021p 2021r 2021 May Apr. Mar. 2021p 2021r 2021 2020 2020

 All manufacturing industries...................... 731,635 725,071 721,170 0.9 0.5 0.8 737,340 728,836 723,140 702,398 5.0

 Excluding transportation........................ 582,054 575,627 572,680 1.1 0.5 0.6 586,740 579,337 575,057 558,333 5.1

 Excluding defense............................. 707,107 700,510 696,739 0.9 0.5 0.8 712,629 704,221 698,695 678,269 5.1

 With unfilled orders............................. 359,623 357,315 355,606 0.6 0.5 0.9 363,272 359,499 355,810 353,716 2.7

 Durable goods industries........................ 445,545 442,463 439,538 0.7 0.7 1.1 449,965 444,936 440,254 434,566 3.5

 Wood products........................................ 13,500 13,379 13,192 0.9 1.4 1.2 13,304 13,396 13,596 11,712 13.6

 Nonmetallic mineral products..................... 14,326 14,214 14,246 0.8 -0.2 0.3 14,687 14,496 14,560 15,113 -2.8

 Primary metals......................................... 38,532 37,621 36,921 2.4 1.9 1.8 38,980 37,906 37,079 35,664 9.3

 Iron and steel mills............................... 21,308 20,869 20,430 2.1 2.1 1.5 21,519 20,898 20,460 20,251 6.3

 Aluminum and nonferrous metals............ 14,915 14,455 14,188 3.2 1.9 2.2 15,098 14,640 14,267 13,051 15.7

 Ferrous metal foundries........................ 2,309 2,297 2,303 0.5 -0.3 1.9 2,363 2,368 2,352 2,362 0.0

 Fabricated metal products......................... 56,844 56,067 55,269 1.4 1.4 1.5 57,606 56,691 55,573 55,010 4.7

 Machinery.............................................. 71,981 71,231 70,903 1.1 0.5 0.2 72,741 71,659 71,477 71,759 1.4

 Farm machinery.................................. 4,084 3,966 3,897 3.0 1.8 -1.4 4,098 3,952 4,033 3,681 11.3

 Construction machinery......................... 6,136 6,062 6,018 1.2 0.7 0.9 6,157 6,165 6,129 5,881 4.7

 Mining, oil field, 

 and gas field machinery.................... 6,206 6,019 5,937 3.1 1.4 -0.9 6,211 5,967 5,886 6,400 -3.0

 Industrial machinery............................. 9,074 8,936 8,849 1.5 1.0 -0.3 9,100 8,678 9,116 8,487 7.2

 Photographic equipment....................... 1,287 1,287 1,286 0.0 0.1 -0.6 1,291 1,290 1,240 1,284 0.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,413 5,444 5,508 -0.6 -1.2 0.4 5,736 5,837 5,808 6,124 -6.3

 Metalworking machinery........................ 5,785 5,755 5,706 0.5 0.9 1.0 5,832 5,765 5,658 5,909 -1.3

 Turbines, generators, and other

 power transmission equipment............ 9,256 9,183 9,181 0.8 0.0 0.5 9,504 9,379 9,153 9,510 -0.1

 Material handling equipment.................. 5,479 5,446 5,399 0.6 0.9 1.3 5,493 5,500 5,369 5,413 1.5

 Computers and electronic products2

............ 46,426 46,434 46,551 0.0 -0.3 0.1 47,088 46,796 46,083 47,965 -1.8

 Computers......................................... 1,975 1,995 1,975 -1.0 1.0 3.6 2,062 1,947 1,894 1,970 4.7

 Computer storage devices.................... 894 871 845 2.6 3.1 2.1 852 789 743 684 24.6

 Other peripheral equipment................... 824 854 868 -3.5 -1.6 4.6 844 876 854 893 -5.5

 Nondefense communications

 equipment...................................... 4,409 4,398 4,391 0.3 0.2 -0.5 4,522 4,406 4,314 4,558 -0.8

 Defense communications equipment........ 667 662 656 0.8 0.9 0.0 667 662 656 644 3.6

 Audio and video equipment.................... 672 690 697 -2.6 -1.0 0.1 681 713 699 954 -28.6

 Electronic components.......................... 8,079 8,172 8,260 -1.1 -1.1 -0.6 8,149 8,604 8,391 9,076 -10.2

 Nondefense search and navigation

 equipment...................................... 3,267 3,243 3,252 0.7 -0.3 0.6 3,271 3,243 3,207 3,269 0.1

 Defense search and navigation

 equipment....................................... 3,015 3,017 3,024 -0.1 -0.2 0.3 3,104 3,065 3,031 3,041 2.1

 Electromedical, measuring 

 and control instruments...................... 16,333 16,309 16,286 0.1 0.1 0.3 16,627 16,376 16,133 16,298 2.0

 Electrical equipment, appliances, 

 and components.................................... 20,333 20,159 20,205 0.9 -0.2 0.8 20,687 20,505 20,398 20,109 2.9

 Electric lighting equipment..................... 2,346 2,325 2,343 0.9 -0.8 0.5 2,368 2,337 2,335 2,387 -0.8

 Household appliances........................... 2,851 2,826 2,853 0.9 -0.9 4.0 2,886 2,893 2,924 2,635 9.5

 Electrical equipment............................. 6,296 6,205 6,278 1.5 -1.2 1.1 6,449 6,361 6,297 6,496 -0.7

 Batteries............................................ 1,731 1,733 1,779 -0.1 -2.6 0.3 1,819 1,787 1,843 1,805 0.8

 Transportation equipment......................... 149,581 149,444 148,490 0.1 0.6 1.6 150,600 149,499 148,083 144,065 4.5

 Automobiles....................................... 6,178 6,122 6,018 0.9 1.7 4.4 6,175 6,129 6,010 5,468 12.9

 Light trucks and utility vehicles.............. 7,821 7,607 6,707 2.8 13.4 13.6 8,008 7,488 6,677 5,128 56.2

 Heavy duty trucks ............................... 2,478 2,405 2,346 3.0 2.5 2.4 2,622 2,462 2,370 2,058 27.4

 Motor vehicle bodies, parts, 

 and trailers...................................... 29,731 29,602 29,024 0.4 2.0 1.7 29,879 29,825 29,274 28,353 5.4

 Nondefense aircraft and parts................ 75,859 76,228 77,095 -0.5 -1.1 0.8 76,354 76,135 76,511 76,825 -0.6

 Defense aircraft and parts..................... 12,326 12,322 12,278 0.0 0.4 -1.0 12,376 12,372 12,202 12,243 1.1

 Ships and boats.................................. 3,688 3,757 3,453 -1.8 8.8 3.8 3,731 3,707 3,535 3,186 17.1

 Furniture and related products.................... 7,601 7,576 7,517 0.3 0.8 0.7 7,675 7,536 7,407 7,532 1.9

 Miscellaneous durable goods..................... 26,421 26,338 26,244 0.3 0.4 0.6 26,597 26,452 25,998 25,637 3.7

 Nondurable goods industries...................... 286,090 282,608 281,632 1.2 0.3 0.3 287,375 283,900 282,886 267,832 7.3

 Food products........................................ 62,367 61,962 61,909 0.7 0.1 0.0 60,732 60,674 60,984 58,664 3.5

 Grain and oilseed milling........................ 6,652 6,292 6,301 5.7 -0.1 0.6 6,394 6,139 6,441 5,113 25.1

 Dairy products.................................... 9,138 9,085 8,944 0.6 1.6 -0.1 9,307 9,255 9,014 8,671 7.3

 Meat, poultry, and seafood products....... 9,812 9,753 9,753 0.6 0.0 0.1 9,737 9,602 9,796 9,521 2.3

 Beverage and tobacco products................ 26,444 26,258 26,004 0.7 1.0 0.3 26,551 26,502 26,182 26,554 0.0

 Beverages......................................... 22,847 22,637 22,357 0.9 1.3 0.5 23,027 22,879 22,439 22,719 1.4

 Tobacco............................................ 3,597 3,621 3,647 -0.7 -0.7 -0.7 3,524 3,623 3,743 3,835 -8.1

 Textile mills............................................ 3,061 3,067 3,035 -0.2 1.1 0.8 3,084 3,084 3,027 3,123 -1.2

 Textile products...................................... 3,864 3,862 3,857 0.1 0.1 1.0 3,850 3,853 3,869 4,047 -4.9

 Apparel................................................. 1,808 1,791 1,784 0.9 0.4 0.2 1,813 1,758 1,735 1,846 -1.8

 Leather and allied products....................... 899 895 897 0.4 -0.2 -0.1 915 892 880 956 -4.3

 Paper products....................................... 15,512 15,505 15,359 0.0 1.0 0.6 15,631 15,513 15,339 15,359 1.8

 Pulp, paper, and paperboard mills........... 4,837 4,870 4,839 -0.7 0.6 -0.5 4,883 4,915 4,885 5,151 -5.2

 Paperboard containers......................... 5,433 5,427 5,437 0.1 -0.2 -0.2 5,494 5,395 5,442 5,381 2.1

 Printing.................................................. 5,819 5,797 5,727 0.4 1.2 -1.2 5,780 5,851 5,697 5,951 -2.9

 Petroleum and coal products..................... 39,928 37,737 37,834 5.8 -0.3 2.1 41,356 39,096 38,842 29,501 40.2

 Petroleum refineries............................. 34,810 32,693 32,788 6.5 -0.3 2.4 36,070 33,959 33,756 24,071 49.8

 Chemical products..................................... 98,911 98,443 98,134 0.5 0.3 0.0 99,873 99,044 98,813 94,766 5.4

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 5,051 5,025 4,972 0.5 1.1 -0.4 5,022 5,151 5,336 5,147 -2.4

 Pharmaceuticals and medicines.............. 45,411 45,410 45,478 0.0 -0.1 -0.9 45,874 45,439 45,366 43,328 5.9

 Paints, coatings, and adhesives.............. 4,041 3,999 4,006 1.1 -0.2 -0.4 4,125 4,158 4,174 3,990 3.4

 Plastics and rubber products..................... 27,477 27,291 27,092 0.7 0.7 0.2 27,790 27,633 27,518 27,065 2.7

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 noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. 

Estimates are not adjusted for price changes. 

2

 Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals. 

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 5. Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for 

 Topical Series1, 2

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry % Change6

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2021/

2021p 2021r 2021 May Apr. Mar. 2021p 2021r 2021 2020 2021p 2020 2020

SHIPMENTS

 All manufacturing industries......................... 490,436 487,131 486,040 0.7 0.2 2.1 495,162 489,567 518,296 392,244 2,390,523 2,126,046 12.4

 Construction materials and supplies....... 55,537 55,453 55,140 0.2 0.6 3.2 57,704 57,567 56,444 47,468 266,600 232,839 14.5

 Information technology......................... 24,888 24,902 24,619 -0.1 1.1 0.8 23,691 23,077 27,282 21,041 116,924 105,935 10.4

 Computers and related products........... 2,041 2,059 1,931 -0.9 6.6 -2.3 1,867 1,801 2,154 1,589 9,088 7,907 14.9

 Motor vehicle and parts......................... 49,717 48,584 53,027 2.3 -8.4 4.0 48,916 49,594 59,801 25,746 258,511 196,363 31.6

 Capital goods...................................... 89,680 90,424 87,460 -0.8 3.4 1.6 87,280 87,526 97,718 71,752 428,295 382,842 11.9

 Nondefense capital goods3.................. 77,733 78,157 75,807 -0.5 3.1 1.8 75,525 75,758 85,007 60,827 371,158 329,476 12.7

 Excluding aircraft............................. 73,338 72,559 71,883 1.1 0.9 1.6 71,577 71,007 79,756 59,448 351,482 307,811 14.2

 Defense capital goods4........................ 11,947 12,267 11,653 -2.6 5.3 0.4 11,755 11,768 12,711 10,925 57,137 53,366 7.1

 Consumer goods.................................. 196,341 193,822 197,112 1.3 -1.7 2.2 200,427 194,044 206,109 148,124 961,963 835,056 15.2

 Consumer durable goods..................... 35,029 34,512 38,377 1.5 -10.1 4.1 34,131 34,772 42,800 17,098 182,620 135,280 35.0

 Consumer nondurable goods................ 161,312 159,310 158,735 1.3 0.4 1.8 166,296 159,272 163,309 131,026 779,343 699,776 11.4

 All manufacturing industries5...................... 495,536 487,409 488,073 1.7 -0.1 1.4 496,105 488,426 528,639 379,743 2,412,180 2,057,766 17.2

 Construction materials and supplies....... 58,154 58,184 58,114 -0.1 0.1 4.9 60,746 60,841 60,189 47,101 281,287 232,195 21.1

 Information technology......................... 25,412 25,377 25,028 0.1 1.4 0.2 24,031 23,721 28,636 20,884 121,002 108,324 11.7

 Computers and related products........... 2,013 2,042 1,948 -1.4 4.8 -1.6 1,839 1,784 2,171 1,563 9,051 7,825 15.7

 Motor vehicle and parts......................... 50,009 49,017 53,358 2.0 -8.1 3.9 49,018 49,538 59,944 25,570 260,519 196,241 32.8

 Capital goods...................................... 94,518 90,507 89,710 4.4 0.9 -2.7 87,720 86,862 106,669 64,072 447,117 332,590 34.4

 Nondefense capital goods3.................. 83,833 81,405 77,437 3.0 5.1 -1.1 79,513 77,136 88,830 54,639 387,648 271,959 42.5

 Excluding aircraft............................. 75,404 75,315 73,318 0.1 2.7 1.6 73,705 74,434 81,723 59,454 366,174 314,607 16.4

 Defense capital goods4........................ 10,685 9,102 12,273 17.4 -25.8 -11.7 8,207 9,726 17,839 9,433 59,469 60,631 -1.9

 Consumer goods.................................. 196,528 194,053 197,361 1.3 -1.7 2.3 200,667 194,218 206,482 148,295 963,302 835,454 15.3

 Consumer durable goods..................... 35,216 34,743 38,626 1.4 -10.1 4.3 34,371 34,946 43,173 17,269 183,959 135,678 35.6

 Consumer nondurable goods.............. 161,312 159,310 158,735 1.3 0.4 1.8 166,296 159,272 163,309 131,026 779,343 699,776 11.4

 All manufacturing industries5...................... 1,209,473 1,199,881 1,195,141 0.8 0.4 0.5 1,216,632 1,211,811 1,208,989 1,233,459 (X) (X) -1.4

 Construction materials and supplies....... 71,036 68,419 65,688 3.8 4.2 4.7 72,484 69,442 66,168 56,785 (X) (X) 27.6

 Information technology......................... 119,801 119,277 118,802 0.4 0.4 0.3 120,881 120,541 119,897 116,855 (X) (X) 3.4

 Computers and related products........... 1,508 1,536 1,553 -1.8 -1.1 1.1 1,508 1,536 1,553 1,505 (X) (X) 0.2

 Motor vehicle and parts......................... 26,484 26,192 25,759 1.1 1.7 1.3 26,855 26,753 26,809 23,426 (X) (X) 14.6

 Capital goods...................................... 920,635 915,797 915,714 0.5 0.0 0.2 925,275 924,835 925,499 966,998 (X) (X) -4.3

 Nondefense capital goods3.................. 730,085 723,985 720,737 0.8 0.5 0.2 733,215 729,227 727,849 773,882 (X) (X) -5.3

 Excluding aircraft............................. 225,668 223,602 220,846 0.9 1.2 0.7 228,602 226,474 223,047 212,878 (X) (X) 7.4

 Defense capital goods4........................ 190,550 191,812 194,977 -0.7 -1.6 0.3 192,060 195,608 197,650 193,116 (X) (X) -0.5

 Consumer goods.................................. 7,443 7,256 7,025 2.6 3.3 3.7 7,552 7,312 7,138 5,576 (X) (X) 35.4

 Consumer durable goods..................... 7,443 7,256 7,025 2.6 3.3 3.7 7,552 7,312 7,138 5,576 (X) (X) 35.4 

 All manufacturing industries....................... 731,635 725,071 721,170 0.9 0.5 0.8 737,340 728,836 723,140 702,398 (X) (X) 5.0

 Construction materials and supplies....... 77,487 76,536 75,682 1.2 1.1 1.3 78,625 77,885 76,997 75,102 (X) (X) 4.7

 Information technology......................... 40,596 40,541 40,376 0.1 0.4 0.3 41,229 40,638 39,909 40,530 (X) (X) 1.7

 Computers and related products........... 3,693 3,720 3,688 -0.7 0.9 3.5 3,758 3,612 3,491 3,547 (X) (X) 5.9

 Motor vehicle and parts......................... 46,208 45,736 44,095 1.0 3.7 3.7 46,684 45,904 44,331 41,007 (X) (X) 13.8

 Capital goods...................................... 218,241 217,488 217,433 0.3 0.0 0.3 220,555 217,820 216,639 217,004 (X) (X) 1.6

 Nondefense capital goods3.................. 197,388 196,617 196,699 0.4 0.0 0.3 199,569 196,945 195,815 196,612 (X) (X) 1.5

 Excluding aircraft............................. 132,392 131,262 130,658 0.9 0.5 0.3 134,087 131,689 130,373 130,862 (X) (X) 2.5

 Defense capital goods4........................ 20,853 20,871 20,734 -0.1 0.7 0.0 20,986 20,875 20,824 20,392 (X) (X) 2.9

 Consumer goods.................................. 224,626 221,517 220,088 1.4 0.6 1.0 225,046 221,645 219,916 203,960 (X) (X) 10.3

 Consumer durable goods..................... 36,490 36,157 35,041 0.9 3.2 4.4 36,669 36,105 34,904 32,086 (X) (X) 14.3

 Consumer nondurable goods................ 188,136 185,360 185,047 1.5 0.2 0.3 188,377 185,540 185,012 171,874 (X) (X) 9.6

NEW ORDERS 

UNFILLED ORDERS 

TOTAL INVENTORIES 

X

 Not Applicable 

p

 Preliminary 

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

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates 

are not adjusted for price changes. 

2 Topical series are regroupings of the separate industry categories. 

3

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

metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral equipment; 

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

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

4

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

5 Estimates and percent changes exclude semiconductor industry data. 

6

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

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group1 

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2021/

2021p 2021r 2021 May Apr. Mar. 2021p 2021r 2021 2020 2020

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 254,605 252,503 250,369 0.8 0.9 1.0 255,979 253,550 251,028 242,356 5.6

 Durable goods industries.......................... 156,754 155,474 153,926 0.8 1.0 1.0 157,470 155,851 153,723 151,860 3.7

 Wood products................................... 5,987 5,955 5,878 0.5 1.3 1.8 5,656 5,712 5,831 5,028 12.5

 Nonmetallic mineral products................. 6,051 5,979 5,963 1.2 0.3 1.5 6,107 6,018 6,001 6,010 1.6

 Primary metals.................................... 14,473 13,951 13,644 3.7 2.3 2.4 14,297 13,716 13,434 13,655 4.7

 Fabricated metal products.......................... 22,363 21,982 21,695 1.7 1.3 2.5 22,433 21,952 21,599 20,311 10.4

 Machinery.......................................... 28,619 28,490 28,287 0.5 0.7 0.8 28,923 28,672 28,401 28,632 1.0

 Computers and electronic products........ 21,272 21,192 21,326 0.4 -0.6 -0.1 21,592 21,309 21,088 21,579 0.1

 Electrical equipment, appliances,

 and components............................... 9,000 8,991 9,002 0.1 -0.1 0.1 9,179 9,142 9,055 9,119 0.7

 Transportation equipment..................... 36,655 36,651 35,946 0.0 2.0 0.5 36,896 37,085 36,303 35,351 4.4

 Furniture and related products............... 3,776 3,777 3,742 0.0 0.9 1.0 3,810 3,776 3,709 3,704 2.9

 Miscellaneous products......................... 8,558 8,506 8,443 0.6 0.7 1.0 8,577 8,469 8,302 8,471 1.3

 Nondurable goods industries...................... 97,851 97,029 96,443 0.8 0.6 0.9 98,509 97,699 97,305 90,496 8.9

 Food products.................................... 22,892 22,474 22,366 1.9 0.5 0.1 22,593 22,078 22,414 21,334 5.9

 Beverage and tobacco products........................ 5,408 5,373 5,294 0.7 1.5 0.5 5,411 5,435 5,388 5,683 -4.8

 Textiles.............................................. 1,211 1,212 1,193 -0.1 1.6 1.5 1,229 1,229 1,192 1,196 2.8

 Textile products................................... 1,377 1,373 1,372 0.3 0.1 -0.1 1,374 1,366 1,375 1,425 -3.6

 Apparel............................................. 603 595 603 1.3 -1.3 4.0 607 591 592 597 1.7

 Leather and allied products.................... 290 289 293 0.3 -1.4 -1.7 297 285 285 310 -4.2

 Paper products.................................... 7,852 7,791 7,718 0.8 0.9 0.3 7,844 7,759 7,732 7,634 2.8

 Printing ............................................. 2,852 2,859 2,805 -0.2 1.9 -0.3 2,856 2,872 2,796 2,893 -1.3

 Petroleum and coal products................. 12,453 12,321 12,481 1.1 -1.3 2.9 13,187 13,053 13,004 8,824 49.4

 Chemical products................................ 31,159 31,090 30,744 0.2 1.1 0.6 31,298 31,290 30,962 29,147 7.4

 Plastics and rubber products.................. 11,754 11,652 11,574 0.9 0.7 1.9 11,813 11,741 11,565 11,453 3.1

WORK IN PROCESS

 All manufacturing industries....................... 216,446 214,885 214,156 0.7 0.3 0.8 217,730 215,503 214,064 210,153 3.6

 Durable goods industries.......................... 164,638 164,191 164,064 0.3 0.1 1.1 166,241 164,635 163,882 161,914 2.7

 Wood products................................... 2,222 2,207 2,211 0.7 -0.2 -0.4 2,217 2,212 2,281 1,744 27.1

 Nonmetallic mineral products................. 1,477 1,479 1,482 -0.1 -0.2 0.4 1,520 1,541 1,539 1,580 -3.8

 Primary metals.................................... 10,964 10,936 10,798 0.3 1.3 3.9 11,125 11,098 10,764 10,035 10.9

 Fabricated metal products.......................... 14,062 13,905 13,659 1.1 1.8 0.9 14,218 14,029 13,753 14,138 0.6

 Machinery.......................................... 20,817 20,272 20,208 2.7 0.3 1.3 21,107 20,234 20,226 19,375 8.9

 Computers and electronic products........ 13,167 13,286 13,249 -0.9 0.3 -0.1 13,524 13,711 13,400 14,112 -4.2

 Electrical equipment, appliances,

 and components............................... 3,918 3,896 3,911 0.6 -0.4 -0.3 4,033 3,975 3,930 4,045 -0.3

 Transportation equipment..................... 92,688 92,956 93,355 -0.3 -0.4 1.2 93,124 92,565 92,840 91,865 1.4

 Furniture and related products............... 1,221 1,192 1,166 2.4 2.2 -0.4 1,229 1,177 1,159 1,157 6.2

 Miscellaneous products......................... 4,102 4,062 4,025 1.0 0.9 0.5 4,144 4,093 3,990 3,863 7.3

 Nondurable goods industries...................... 51,808 50,694 50,092 2.2 1.2 -0.4 51,489 50,868 50,182 48,239 6.7

 Food products.................................... 7,392 7,356 7,367 0.5 -0.1 -3.0 6,896 6,979 7,143 7,672 -10.1

 Beverage and tobacco products........................ 9,207 9,185 9,070 0.2 1.3 0.7 9,124 9,213 9,139 9,635 -5.3

 Textiles.............................................. 566 562 555 0.7 1.3 -0.5 572 567 554 577 -0.9

 Textile products................................... 394 391 394 0.8 -0.8 0.5 389 392 400 399 -2.5

 Apparel............................................. 243 248 242 -2.0 2.5 0.4 244 247 238 247 -1.2

 Leather and allied products.................... 94 93 90 1.1 3.3 1.1 95 92 90 85 11.8

 Paper products.................................... 1,466 1,467 1,450 -0.1 1.2 1.9 1,473 1,465 1,438 1,367 7.8

 Printing ............................................. 1,177 1,108 1,086 6.2 2.0 -3.6 1,116 1,121 1,093 1,092 2.2

 Petroleum and coal products................. 11,048 10,473 10,194 5.5 2.7 1.7 11,401 10,968 10,565 7,432 53.4

 Chemical products................................ 16,693 16,274 16,091 2.6 1.1 -1.5 16,638 16,251 15,922 16,531 0.6

 Plastics and rubber products.................. 3,528 3,537 3,553 -0.3 -0.5 0.9 3,541 3,573 3,600 3,202 10.6

FINISHED GOODS

 All manufacturing industries....................... 260,584 257,683 256,645 1.1 0.4 0.6 263,631 259,783 258,048 249,889 5.5

 Durable goods industries.......................... 124,153 122,798 121,548 1.1 1.0 1.0 126,254 124,450 122,649 120,792 4.5

 Wood products................................... 5,291 5,217 5,103 1.4 2.2 1.3 5,431 5,472 5,484 4,940 9.9

 Nonmetallic mineral products................. 6,798 6,756 6,801 0.6 -0.7 -0.7 7,060 6,937 7,020 7,523 -6.2

 Primary metals.................................... 13,095 12,734 12,479 2.8 2.0 -0.6 13,558 13,092 12,881 11,974 13.2

 Fabricated metal products.......................... 20,419 20,180 19,915 1.2 1.3 1.0 20,955 20,710 20,221 20,561 1.9

 Machinery.......................................... 22,545 22,469 22,408 0.3 0.3 -1.4 22,711 22,753 22,850 23,752 -4.4

 Computers and electronic products........ 11,987 11,956 11,976 0.3 -0.2 0.7 11,972 11,776 11,595 12,274 -2.5

 Electrical equipment, appliances,

 and components............................... 7,415 7,272 7,292 2.0 -0.3 2.4 7,475 7,388 7,413 6,945 7.6

 Transportation equipment..................... 20,238 19,837 19,189 2.0 3.4 5.6 20,580 19,849 18,940 16,849 22.1

 Furniture and related products............... 2,604 2,607 2,609 -0.1 -0.1 0.7 2,636 2,583 2,539 2,671 -1.3

 Miscellaneous products......................... 13,761 13,770 13,776 -0.1 0.0 0.4 13,876 13,890 13,706 13,303 4.3

 Nondurable goods industries...................... 136,431 134,885 135,097 1.1 -0.2 0.2 137,377 135,333 135,399 129,097 6.4

 Food products.................................... 32,083 32,132 32,176 -0.2 -0.1 0.6 31,243 31,617 31,427 29,658 5.3

 Beverage and tobacco products........................ 11,829 11,700 11,640 1.1 0.5 0.0 12,016 11,854 11,655 11,236 6.9

 Textiles.............................................. 1,284 1,293 1,287 -0.7 0.5 0.8 1,283 1,288 1,281 1,350 -5.0

 Textile products................................... 2,093 2,098 2,091 -0.2 0.3 1.8 2,087 2,095 2,094 2,223 -6.1

 Apparel............................................. 962 948 939 1.5 1.0 -2.2 962 920 905 1,002 -4.0

 Leather and allied products.................... 515 513 514 0.4 -0.2 0.6 523 515 505 561 -6.8

 Paper products.................................... 6,194 6,247 6,191 -0.8 0.9 0.6 6,314 6,289 6,169 6,358 -0.7

 Printing ............................................. 1,790 1,830 1,836 -2.2 -0.3 -1.2 1,808 1,858 1,808 1,966 -8.0

 Petroleum and coal products................. 16,427 14,943 15,159 9.9 -1.4 1.7 16,768 15,075 15,273 13,245 26.6

 Chemical products................................ 51,059 51,079 51,299 0.0 -0.4 0.0 51,937 51,503 51,929 49,088 5.8

 Plastics and rubber products.................. 12,195 12,102 11,965 0.8 1.1 -1.6 12,436 12,319 12,353 12,410 0.2

p

 Preliminary 

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

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates 

are not adjusted for price changes. 

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group 1

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

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry May Apr Mar Feb May Apr Mar Feb

2021p 2021r 2021 2021 2021p 2021r 2021 2021

All manufacturing industries3

.................................... 1.49 1.49 1.48 1.50 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.79 1.79 1.78 1.81 6.95 6.88 7.00 7.14

 Wood products........................................................... 1.15 1.17 1.17 1.22 (X) (X) (X) (X)

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

 Primary metals............................................................ 1.73 1.72 1.75 1.80 1.78 1.74 1.74 1.78

 Fabricated metal products...................................... 1.71 1.68 1.67 1.70 3.05 2.97 2.89 2.89

 Machinery..................................................................... 2.05 2.05 2.08 2.12 3.29 3.30 3.32 3.36

 Computers and electronic products3

................... 1.60 1.60 1.61 1.63 5.22 5.18 5.18 5.20

 Electrical equipment, appliances,

 and components.................................................... 1.66 1.65 1.66 1.68 2.58 2.54 2.52 2.54

 Transportation equipment..................................... 2.11 2.10 2.02 2.06 17.14 16.72 17.41 17.83

 Furniture and related products............................ 1.28 1.27 1.26 1.25 2.07 2.01 1.95 1.93

 Miscellaneous products.......................................... 1.64 1.65 1.64 1.63 (X) (X) (X) (X)

Nondurable goods industries................................... 1.18 1.18 1.18 1.19 (X) (X) (X) (X)

 Food products............................................................. 0.89 0.89 0.90 0.91 (X) (X) (X) (X)

 Beverage and tobacco products........................... 2.01 2.01 1.95 2.03 (X) (X) (X) (X)

 Textiles.......................................................................... 1.37 1.37 1.33 1.37 (X) (X) (X) (X)

 Textile products......................................................... 2.05 2.07 2.06 2.09 (X) (X) (X) (X)

 Apparel........................................................................ 2.11 2.08 2.07 2.09 (X) (X) (X) (X)

 Leather and allied products................................ 1.85 1.98 2.18 2.24 (X) (X) (X) (X)

 Paper products.......................................................... 0.90 0.90 0.90 0.90 (X) (X) (X) (X)

 Printing........................................................................ 0.88 0.87 0.86 0.88 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.88 0.86 0.86 0.87 (X) (X) (X) (X)

 Chemical products................................................... 1.55 1.56 1.57 1.58 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.32 1.32 1.31 1.33 (X) (X) (X) (X)

May3 May3 May3 May3

Industry 2020- 2020- 2020- 2020-

May2 Apr May2 Apr May2 Apr May2 Apr

2021 2021 2021 2021 2021 2021 2021 2021

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

Durable goods industries....................... 0.0 0.2 0.0 0.6 0.0 0.1 0.0 0.1

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

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

 Primary metals............................................. 0.1 0.7 0.0 1.0 -0.1 0.3 0.0 0.2

 Fabricated metal products.................... -0.3 0.4 -0.3 1.1 0.0 0.3 0.1 0.2

 Machinery...................................................... 0.3 0.4 0.3 0.9 0.0 0.2 0.1 0.1

 Computers and electronic products..... 0.0 0.3 0.0 0.3 0.0 0.1 0.0 0.1

 Electrical equipment, appliances,

 and components..................................... 0.0 0.5 0.0 1.0 0.0 0.3 0.0 0.2

 Transportation equipment.................... 0.0 0.7 0.1 1.4 0.0 0.1 0.0 0.1

 Furniture and related products............. (X) 0.6 (X) 0.7 (X) 0.5 (X) 0.4

 Miscellaneous products.......................... (X) 0.4 (X) 0.4 (X) 0.1 (X) 0.1

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

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

 Beverage and tobacco products............ (X) 0.3 (X) (NA) (X) (NA) (X) 0.3

 Textiles.......................................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.1

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

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

 Leather and allied products.................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.3

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

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

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

 Chemical products................................... (X) 0.3 (X) (NA) (X) (NA) (X) 0.1

 Plastics and rubber products................ (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

X

 Not Applicable 

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

2

 Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products; medical equipment and supplies; office supplies; 

other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and peripheral devices; audio and video 

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

miscellaneous furniture. 

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing. 

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

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

error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data sources 

and methodology can be found on our website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 

X Not Applicable 

NA Not Available 

1

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

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

adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, 

based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 

2

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

3

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

monthly averages are the simple averages of the absolute values of the differences for the months specified. The advance to final percent 

change revisions for the durable goods industries are shown in the advance report for the month. 

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

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

estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see 

<http://www.census.gov/manufacturing/m3/>.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Full Report, July 2, 2021. Information on data 

sources and methodology can be found on our website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.

Table 8. Revisions to Previously Published Monthly Percent Changes 1

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

Shipments New Orders Unfilled Orders Inventories