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FOR RELEASE AT 10:00 AM EDT, THURSDAY, SEPTEMBER 6, 2018 

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES 

AND ORDERS JULY 2018 

Release Number: CB 18-134 M3-2 (18)-07 

September 6, 2018 — The U.S. Census Bureau announces the July full report on manufacturers’ shipments, 

inventories and orders: 

MANUFACTURED GOODS – NEW ORDERS

JULY 2018 $497.8 billion            ‐0.8%°

JUNE 2018  

(revised) $501.6 billion             +0.6%°

Next release: October 4, 2018

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, 

September 6, 2018. 

Summary 

New orders for manufactured goods in July, down following two consecutive monthly increases, decreased 

$3.9 billion or 0.8 percent to $497.8 billion, the U.S. Census Bureau reported today. This followed a 0.6 

percent June increase. Shipments, up fourteen of the last fifteen months, increased less than $0.1 billion or 

virtually unchanged to $501.7 billion. This followed a 1.0 percent June increase. Unfilled orders, up eight 

of the last nine months, increased $0.1 billion or virtually unchanged to $1,164.9 billion. This followed a 

0.4 percent June increase. The unfilled orders-to-shipments ratio was 6.73, up from 6.64 in June. 

Inventories, up twenty-one consecutive months, increased $5.6 billion or 0.8 percent to $675.8 billion. This 

followed a 0.2 percent June increase. The inventories-to-shipments ratio was 1.35, up from 1.34 in June. 

New Orders 

New orders for manufactured durable goods in July, down three of the last four months, decreased $4.3 

billion or 1.7 percent to $247.2 billion, unchanged from the previously published decrease. This followed a 

0.9 percent June increase. Transportation equipment, also down three of the last four months, drove the 

decrease, $4.6 billion or 5.2 percent to $83.0 billion. New orders for manufactured nondurable goods 

increased $0.5 billion or 0.2 percent to $250.6 billion.

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18

% Change 1.6% 2.9% -1.5% 2.0% 1.8% -1.6% 2.0% 1.7% -0.4% 0.4% 0.6% -0.8%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

MANUFACTURERS' NEW ORDERS 2017-2018

Seasonally Adjusted, Month-To-Month Percentage Change

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

September 6, 2018
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Shipments 

Shipments of manufactured durable goods in July, down following two consecutive monthly increases, 

decreased $0.4 billion or 0.2 percent to $251.1 billion, unchanged from the previously published decrease. 

This followed a 1.7 percent June increase. Transportation equipment, down three of the last four months, 

drove the decrease, $1.4 billion or 1.7 percent to $84.2 billion. Shipments of manufactured nondurable 

goods, up thirteen of the last fourteen months, increased $0.5 billion or 0.2 percent to $250.6 billion. This 

followed a 0.4 percent June increase. Petroleum and coal products, up twelve of the last thirteen months, 

led the increase, $0.2 billion or 0.4 percent to $56.2 billion. 

Unfilled Orders 

Unfilled orders for manufactured durable goods in July, up eight of the last nine months, increased $0.1 

billion or virtually unchanged to $1,164.9 billion, unchanged from the previously published increase. This 

followed a 0.4 percent June increase. Machinery, up five of the last six months, drove the increase, $0.4 

billion or 0.4 percent to $104.9 billion. 

Inventories

Inventories of manufactured durable goods in July, up twenty of the last twenty-one months, increased $5.1 

billion or 1.3 percent to $408.6 billion, unchanged from the previously published increase. This followed a 

virtually unchanged June increase. Transportation equipment, up three of the last four months, led the 

increase, $4.5 billion or 3.5 percent to $131.4 billion. Inventories of manufactured nondurable goods, up 

thirteen consecutive months, increased $0.5 billion or 0.2 percent to $267.3 billion. This followed a 0.6 

percent June increase. Petroleum and coal products, up three of the last four months, led the increase, $0.5 

billion or 1.1 percent to $42.0 billion. By stage of fabrication, July materials and supplies increased 0.4 

percent in durable goods and increased 0.8 percent in nondurable goods. Work in process increased 3.0 

percent in durable goods and decreased 0.2 percent in nondurable goods. Finished goods increased 0.1 

percent in durable goods and decreased 0.1 percent in nondurable goods. 

The Advance Report on durable goods for August is scheduled for release on September 27, 2018 at 8:30 

a.m. EDT and the Full Report on October 4, 2018 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. 
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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-in-process, 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 month-to-month change for 

the Manufacturing Sector. These reporting units June 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-tomonth changes of the total operations of the reporting units in the M3 panel effectively represent the monthto-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 64 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 57 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: 

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

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/>. 
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NEW TIME SERIES 

Beginning with the release of June 2018 data on July 26, 2018, historical estimates of the Monthly Advance 

Report on Manufacturers’ Shipments, Inventories and Orders are available on a seasonally adjusted basis as 

well as a not seasonally adjusted basis at: <https://www.census.gov/econ/currentdata/>. 

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

July June May June - May - Apr. - July June May July 2018/

2018p 2018r 2018 July June May 2018p 2018r 2018 2017 2018p 2017 2017

 All manufacturing industries.................. 501,690 501,641 496,450 0.0 1.0 0.6 482,989 525,660 515,105 440,348 3,440,534 3,199,477 7.5

 Excluding transportation................... 417,476 415,989 414,219 0.4 0.4 0.9 412,314 433,348 430,219 374,646 2,865,277 2,653,804 8.0

 Excluding defense.............................. 488,142 488,288 482,910 0.0 1.1 0.7 471,103 511,206 501,938 429,650 3,350,862 3,117,739 7.5

 With unfilled orders............................ 173,214 175,466 173,946 -1.3 0.9 1.4 161,397 189,848 179,552 149,180 1,195,944 1,112,209 7.5

 Durable goods industries......................... 251,113 251,528 247,423 -0.2 1.7 0.2 232,068 269,575 254,534 212,315 1,716,410 1,602,399 7.1

 Wood products....................................... 9,544 9,466 9,411 0.8 0.6 1.3 9,767 10,303 10,231 9,055 66,050 63,430 4.1

 Nonmetallic mineral products.................... 10,929 10,929 10,879 0.0 0.5 -0.1 11,368 11,796 11,598 10,670 74,918 72,115 3.9

 Primary metals....................................... 21,687 21,480 21,290 1.0 0.9 -0.1 21,033 22,440 22,560 17,385 149,019 129,116 15.4

 Iron and steel mills............................ 10,936 10,750 10,610 1.7 1.3 0.1 10,742 11,289 11,327 8,633 73,881 63,150 17.0

 Aluminum and nonferrous metals.......... 9,359 9,367 9,306 -0.1 0.7 -0.1 8,981 9,635 9,779 7,527 65,394 56,614 15.5

 Ferrous metal foundries....................... 1,392 1,363 1,374 2.1 -0.8 -1.6 1,310 1,516 1,454 1,225 9,744 9,352 4.2

 Fabricated metal products....................... 33,000 32,884 32,742 0.4 0.4 0.3 32,209 34,683 34,301 28,767 226,722 205,192 10.5

 Machinery............................................. 32,941 32,754 32,586 0.6 0.5 1.2 31,107 35,455 33,920 28,438 227,867 211,056 8.0

 Farm machinery................................. 2,629 2,665 2,602 -1.4 2.4 4.1 2,485 2,706 2,794 2,026 19,200 15,638 22.8

 Construction machinery..................... 2,970 2,973 2,959 -0.1 0.5 -0.9 2,759 3,131 3,121 2,456 20,661 18,334 12.7

 Mining, oil field, and 

 gas field machinery.......................... 1,532 1,507 1,617 1.7 -6.8 -0.4 1,449 1,517 1,561 1,516 10,482 9,765 7.3

 Industrial machinery.......................... 2,700 2,652 2,574 1.8 3.0 -1.2 2,585 3,025 2,401 2,461 17,833 17,849 -0.1

 Photographic equipment...................... 608 554 523 9.7 5.9 -1.1 562 643 506 458 3,727 3,650 2.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,924 3,916 3,901 0.2 0.4 3.7 4,168 4,966 4,306 3,781 27,368 26,057 5.0

 Metalworking machinery..................... 2,787 2,761 2,686 0.9 2.8 -3.5 2,505 2,884 2,714 2,258 18,879 17,245 9.5

 Turbines, generators, and other

 power transmission equipment....... 4,091 4,122 4,143 -0.8 -0.5 5.8 3,911 4,230 4,333 3,662 28,853 26,491 8.9

 Material handling equipment............... 2,676 2,687 2,730 -0.4 -1.6 1.4 2,500 2,736 2,826 2,243 18,517 17,024 8.8

 Computers and electronic products2

.......... 27,162 26,777 26,646 1.4 0.5 0.6 25,479 29,261 25,083 23,716 179,024 168,986 5.9

 Computers........................................ 839 781 800 7.4 -2.4 3.5 816 954 755 811 5,188 5,819 -10.8

 Computer storage devices..................... 344 263 270 30.8 -2.6 -2.2 235 417 196 437 1,826 3,834 -52.4

 Other peripheral equipment................ 787 716 737 9.9 -2.8 -4.4 779 886 672 621 4,899 4,149 18.1

 Nondefense communications

 equipment.................................... 3,259 3,250 3,172 0.3 2.5 -1.2 2,823 4,041 2,921 2,489 21,209 18,936 12.0

 Defense communications equipment.... 294 290 261 1.4 11.1 -6.1 283 277 276 231 1,869 1,668 12.1

 Audio and video equipment.................... 234 225 226 4.0 -0.4 -6.6 207 213 215 219 1,411 1,581 -10.8

 Electronic components......................... 3,339 3,416 3,510 -2.3 -2.7 -0.7 3,309 3,799 3,614 3,408 24,168 23,272 3.9

 Nondefense search and navigation

 equipment...................................... 1,531 1,528 1,502 0.2 1.7 -2.7 1,369 1,627 1,529 1,266 10,392 9,752 6.6

 Defense search and navigation

 equipment..................................... 2,743 2,715 2,752 1.0 -1.3 -0.5 2,505 2,856 2,674 2,478 18,491 17,782 4.0

 Electromedical, measuring,

 and control instruments................. 9,519 9,243 9,035 3.0 2.3 0.1 8,872 10,331 8,594 7,624 61,507 54,263 13.3

 Electrical equipment, appliances, 

 and components................................... 11,313 11,258 11,230 0.5 0.2 -0.3 10,897 12,080 11,472 10,017 77,255 73,309 5.4

 Electric lighting equipment..................... 1,045 1,068 1,091 -2.2 -2.1 1.1 1,027 1,068 1,093 1,049 7,264 7,405 -1.9

 Household appliances........................ 1,720 1,708 1,678 0.7 1.8 -1.9 1,587 1,824 1,747 1,567 11,566 12,024 -3.8

 Electrical equipment............................ 3,149 3,088 3,070 2.0 0.6 0.7 2,917 3,514 3,156 2,549 21,525 20,765 3.7

 Batteries........................................... 980 949 957 3.3 -0.8 -0.2 887 906 943 805 6,185 5,917 4.5

 Transportation equipment........................ 84,214 85,652 82,231 -1.7 4.2 -0.5 70,675 92,312 84,886 65,702 575,257 545,673 5.4

 Automobiles..................................... 8,567 8,781 8,894 -2.4 -1.3 -6.6 6,437 9,309 9,181 7,149 63,280 67,995 -6.9

 Light trucks and utility vehicles.............. 21,705 19,809 17,521 9.6 13.1 -9.2 17,280 20,235 17,497 12,159 130,180 111,300 17.0

 Heavy duty trucks ............................. 2,763 2,741 2,453 0.8 11.7 -4.5 2,798 3,005 2,588 2,439 18,685 16,124 15.9

 Motor vehicle bodies, parts, 

 and trailers.................................... 27,102 26,907 26,600 0.7 1.2 -0.1 23,411 28,337 28,249 21,249 186,807 178,714 4.5

 Nondefense aircraft and parts................ 10,571 14,167 13,405 -25.4 5.7 23.2 9,158 16,825 13,842 12,280 86,491 87,680 -1.4

 Defense aircraft and parts.................. 4,731 4,332 4,560 9.2 -5.0 3.4 4,017 5,022 4,539 3,614 29,633 28,734 3.1

 Ships and boats................................. 2,807 2,900 2,836 -3.2 2.3 -1.5 2,559 3,122 2,828 2,465 19,469 18,559 4.9

 Furniture and related products.................. 6,551 6,521 6,626 0.5 -1.6 1.6 6,595 6,612 6,663 6,279 45,126 43,357 4.1

 Miscellaneous durable goods................. 13,772 13,807 13,782 -0.3 0.2 0.0 12,938 14,633 13,820 12,286 95,172 90,165 5.6

 Nondurable goods industries..................... 250,577 250,113 249,027 0.2 0.4 1.1 250,921 256,085 260,571 228,033 1,724,124 1,597,078 8.0

 Food products....................................... 67,685 67,583 67,813 0.2 -0.3 -0.2 65,362 67,095 68,208 64,611 464,917 455,163 2.1

 Grain and oilseed milling....................... 7,981 7,957 8,098 0.3 -1.7 -0.4 7,643 7,531 7,829 7,098 54,345 50,568 7.5

 Dairy products.................................. 9,410 9,474 9,668 -0.7 -2.0 1.3 9,269 9,330 9,839 9,551 65,642 67,053 -2.1

 Meat, poultry, and seafood products... 19,554 19,489 19,546 0.3 -0.3 -1.6 19,486 20,419 20,328 19,391 135,780 133,695 1.6

 Beverage and tobacco products................ 12,684 12,557 12,415 1.0 1.1 2.0 12,693 13,260 13,237 12,312 86,719 87,539 -0.9

 Beverages......................................... 8,808 8,697 8,756 1.3 -0.7 1.3 8,817 9,400 9,578 8,409 60,368 61,056 -1.1

 Tobacco............................................ 3,876 3,860 3,659 0.4 5.5 3.9 3,876 3,860 3,659 3,903 26,351 26,483 -0.5

 Textile mills........................................... 2,555 2,519 2,500 1.4 0.8 0.5 2,519 2,670 2,606 2,404 17,602 17,141 2.7

 Textile products................................... 2,295 2,257 2,253 1.7 0.2 0.2 2,336 2,452 2,340 2,141 15,853 14,842 6.8

 Apparel................................................ 958 976 963 -1.8 1.3 1.8 989 924 916 937 6,321 5,932 6.6

 Leather and allied products...................... 421 423 415 -0.5 1.9 -3.5 417 445 422 398 2,917 2,922 -0.2

 Paper products...................................... 16,116 16,038 16,116 0.5 -0.5 0.8 16,127 16,291 16,505 14,985 111,570 105,212 6.0

 Pulp, paper, and paperboard mills....... 6,679 6,513 6,570 2.5 -0.9 0.2 6,794 6,530 6,660 6,402 45,654 44,210 3.3

 Paperboard containers........................ 5,470 5,541 5,584 -1.3 -0.8 0.1 5,442 5,689 5,709 5,161 38,651 36,821 5.0

 Printing................................................. 6,660 6,675 6,575 -0.2 1.5 1.1 6,312 6,525 6,837 5,995 44,966 44,678 0.6

 Petroleum and coal products.................. 56,158 55,932 55,295 0.4 1.2 3.1 59,845 57,596 60,293 45,404 378,139 294,764 28.3

 Petroleum refineries.......................... 52,112 51,924 51,386 0.4 1.0 3.3 55,173 53,061 56,035 41,284 351,005 269,607 30.2

 Chemical products..................................... 65,236 65,354 64,934 -0.2 0.6 1.2 64,447 67,765 68,294 59,858 455,860 432,640 5.4

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,754 2,909 2,566 -5.3 13.4 8.2 2,454 3,222 3,329 1,881 19,989 18,313 9.2

 Pharmaceuticals and medicines............. 21,346 21,196 20,952 0.7 1.2 1.2 20,797 21,518 21,648 18,553 145,509 132,469 9.8

 Paints, coatings, and adhesives.......... 3,805 3,817 3,857 -0.3 -1.0 1.2 3,954 4,117 4,442 3,667 27,417 25,336 8.2

 Plastics and rubber products.................. 19,809 19,799 19,748 0.1 0.3 0.0 19,874 21,062 20,913 18,988 139,260 136,245 2.2

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, July Full Report, September 6, 2018. 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

July June May June - May - Apr. - July June May July 2018/

2018p 2018r 2018 July June May 2018p 2018r 2018 2017 2018p 2017 2017

All manufacturing industries2........................ 497,754 501,612 498,401 -0.8 0.6 0.4 477,440 528,244 513,780 433,166 3,446,621 3,182,666 8.3

 Excluding transportation2

...................... 414,735 414,030 412,533 0.2 0.4 0.8 408,632 429,703 428,663 372,167 2,858,732 2,644,988 8.1

 Excluding defense2

.............................. 484,759 486,712 482,345 -0.4 0.9 -0.1 467,433 508,238 500,355 422,537 3,353,372 3,103,540 8.0

 With unfilled orders2............................. 173,278 179,563 180,025 -3.5 -0.3 0.9 159,869 196,096 181,624 145,951 1,228,460 1,122,006 9.5

 Durable goods industries2......................... 247,177 251,499 249,374 -1.7 0.9 -0.3 226,519 272,159 253,209 205,133 1,722,497 1,585,588 8.6

 Primary metals........................................ 21,946 21,892 21,935 0.2 -0.2 0.0 21,339 22,737 22,589 17,548 152,690 130,575 16.9

 Iron and steel mills.............................. 11,126 10,912 10,886 2.0 0.2 -1.6 10,942 11,492 11,233 8,748 76,923 64,232 19.8

 Aluminum and nonferrous metals.......... 9,397 9,570 9,655 -1.8 -0.9 1.9 9,039 9,738 9,889 7,512 65,893 56,772 16.1

 Ferrous metal foundries....................... 1,423 1,410 1,394 0.9 1.1 -0.6 1,358 1,507 1,467 1,288 9,874 9,571 3.2

 Fabricated metal products........................ 33,142 33,253 33,446 -0.3 -0.6 -1.3 32,342 34,468 35,670 29,745 234,595 211,419 11.0

 Machinery............................................. 33,342 33,087 32,984 0.8 0.3 1.6 31,658 34,917 33,832 29,415 231,495 217,147 6.6

 Construction machinery........................ 2,937 2,942 3,001 -0.2 -2.0 3.3 2,524 2,897 2,966 2,693 20,559 19,355 6.2

 Mining, oil field, and

 gas field machinery.......................... 1,527 1,343 1,493 13.7 -10.0 -9.7 1,439 1,272 1,432 1,463 10,192 9,766 4.4

 Industrial machinery............................ 2,602 2,668 2,601 -2.5 2.6 9.5 2,532 3,017 2,295 2,462 17,962 18,182 -1.2

 Photographic equipment....................... 643 568 479 13.2 18.6 1.9 625 533 412 486 3,433 3,565 -3.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,073 3,996 4,178 1.9 -4.4 8.3 4,278 4,945 4,577 3,776 28,244 26,524 6.5

 Metalworking machinery....................... 2,686 2,639 2,701 1.8 -2.3 -2.3 2,482 2,660 2,712 2,501 19,178 17,721 8.2

 Turbines, generators, and other 

 power transmission equipment........... 4,099 3,990 4,019 2.7 -0.7 2.4 4,051 4,190 4,142 3,813 28,606 26,965 6.1

 Material handling equipment.................. 3,050 3,080 2,869 -1.0 7.4 1.5 2,819 3,202 3,002 2,392 19,977 18,339 8.9

 Computers and electronic products2........... 23,487 23,271 23,089 0.9 0.8 0.6 21,188 25,875 22,010 19,679 155,465 144,452 7.6

 Computers........................................ 854 784 809 8.9 -3.1 3.3 831 957 764 849 5,343 5,975 -10.6

 Nondefense communications

 equipment...................................... 3,320 3,462 3,462 -4.1 0.0 7.0 2,769 4,053 3,036 2,585 22,207 20,547 8.1

 Defense communications equipment....... 291 270 263 7.8 2.7 2.7 267 305 268 222 1,898 1,746 8.7

 Electronic components......................... 3,466 3,587 3,612 -3.4 -0.7 1.4 3,547 3,729 3,675 3,548 24,994 23,663 5.6

 Nondefense search and navigation

 equipment...................................... 1,609 1,553 1,615 3.6 -3.8 -0.1 1,413 1,701 1,637 1,433 10,945 10,243 6.9

 Defense search and navigation

 equipment...................................... 2,772 2,854 2,696 -2.9 5.9 0.3 2,296 3,095 2,393 2,122 18,277 16,979 7.6

 Electromedical, measuring,

 and control instruments..................... 9,537 9,333 9,146 2.2 2.0 -1.2 8,584 10,323 8,914 7,464 62,030 54,413 14.0

 Electrical equipment, appliances, 

 and components................................... 11,488 11,508 11,333 -0.2 1.5 -0.4 10,725 12,164 11,540 9,520 78,027 73,727 5.8

 Electric lighting equipment..................... 1,053 1,119 1,038 -5.9 7.8 -3.4 1,010 1,155 1,027 1,036 7,354 7,559 -2.7

 Household appliances.......................... 1,699 1,757 1,704 -3.3 3.1 -0.5 1,504 1,817 1,789 1,527 11,740 12,045 -2.5

 Electrical equipment............................ 3,179 3,111 3,085 2.2 0.8 1.4 2,958 3,421 3,176 2,414 21,499 20,683 3.9

 Transportation equipment........................ 83,019 87,582 85,868 -5.2 2.0 -1.3 68,808 98,541 85,117 60,999 587,889 537,678 9.3

 Motor vehicle bodies, parts, 

 and trailers..................................... 27,235 26,873 26,585 1.3 1.1 -0.1 23,176 27,655 28,351 21,062 186,479 179,362 4.0

 Nondefense aircraft and parts................ 9,214 14,257 14,076 -35.4 1.3 -11.6 8,665 18,025 12,998 8,248 94,930 83,167 14.1

 Defense aircraft and parts.................... 4,295 6,549 5,467 -34.4 19.8 36.1 3,566 8,694 4,404 4,663 30,157 31,733 -5.0

 Ships and boats.................................. 2,757 2,205 3,203 25.0 -31.2 9.0 1,566 4,005 2,707 1,418 21,661 14,997 44.4

 Furniture and related products................... 6,508 6,696 6,629 -2.8 1.0 1.8 6,386 6,717 6,784 6,204 46,160 44,839 2.9

 Nondurable goods industries..................... 250,577 250,113 249,027 0.2 0.4 1.1 250,921 256,085 260,571 228,033 1,724,124 1,597,078 8.0

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. 

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, July Full Report, September 6, 2018. 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 July

July June May June - May - Apr. - July June May July 2018/

2018p 2018r 2018 July June May 2018p 2018r 2018 2017 2017

All manufacturing industries2...................... 1,164,904 1,164,840 1,160,743 0.0 0.4 0.5 1,168,928 1,170,456 1,164,208 1,124,464 4.0

 Excluding transportation2...................... 364,244 362,985 360,818 0.3 0.6 0.7 366,457 366,118 366,099 347,476 5.5

 Excluding defense2

............................. 982,873 982,256 979,706 0.1 0.3 0.4 985,170 984,819 984,123 944,113 4.3

 Durable goods industries2........................ 1,164,904 1,164,840 1,160,743 0.0 0.4 0.5 1,168,928 1,170,456 1,164,208 1,124,464 4.0

 Primary metals........................................ 31,105 30,846 30,434 0.8 1.4 2.2 31,549 31,243 30,946 27,334 15.4

 Iron and steel mills............................... 16,777 16,587 16,425 1.1 1.0 1.7 17,260 17,060 16,857 13,936 23.9

 Aluminum and nonferrous metals............. 11,060 11,022 10,819 0.3 1.9 3.3 11,005 10,947 10,844 10,315 6.7

 Ferrous metal foundries........................ 3,268 3,237 3,190 1.0 1.5 0.6 3,284 3,236 3,245 3,083 6.5

 Fabricated metal products......................... 83,847 83,705 83,336 0.2 0.4 0.9 85,247 85,114 85,329 77,924 9.4

 Machinery.............................................. 104,855 104,454 104,121 0.4 0.3 0.4 104,965 104,414 104,952 101,998 2.9

 Construction machinery......................... 6,116 6,149 6,180 -0.5 -0.5 0.7 5,896 6,131 6,365 5,702 3.4

 Mining, oil field, and

 gas field machinery.......................... 4,328 4,333 4,497 -0.1 -3.6 -2.7 4,249 4,259 4,504 4,507 -5.7

 Industrial machinery............................. 8,487 8,585 8,569 -1.1 0.2 0.3 8,595 8,648 8,656 8,823 -2.6

 Photographic equipment........................ 1,659 1,624 1,610 2.2 0.9 -2.7 1,536 1,473 1,583 1,610 -4.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 6,965 6,816 6,736 2.2 1.2 4.3 6,987 6,877 6,898 5,990 16.6

 Metalworking machinery........................ 7,950 8,051 8,173 -1.3 -1.5 0.2 8,064 8,087 8,311 8,300 -2.8

 Turbines, generators, and other 

 power transmission equipment............ 29,471 29,463 29,595 0.0 -0.4 -0.4 29,573 29,433 29,473 30,535 -3.2

 Material handling equipment................... 12,717 12,343 11,950 3.0 3.3 1.2 12,885 12,566 12,100 11,294 14.1

 Computers and electronic products2............. 115,348 115,023 114,403 0.3 0.5 0.5 115,340 115,610 115,332 111,558 3.4

 Computers......................................... 2,033 2,018 2,015 0.7 0.1 0.4 2,033 2,018 2,015 1,735 17.2

 Nondefense communications

 equipment...................................... 24,649 24,588 24,376 0.2 0.9 1.2 24,627 24,681 24,669 22,658 8.7

 Defense communications equipment........ 1,427 1,430 1,450 -0.2 -1.4 0.1 1,459 1,475 1,447 1,431 2.0

 Electronic components.......................... 12,646 12,519 12,348 1.0 1.4 0.8 12,648 12,410 12,480 11,503 10.0

 Nondefense search and navigation

 equipment....................................... 19,635 19,557 19,532 0.4 0.1 0.6 19,626 19,582 19,508 18,975 3.4

 Defense search and navigation

 equipment....................................... 26,961 26,932 26,793 0.1 0.5 -0.2 26,991 27,200 26,961 27,914 -3.3

 Electromedical, measuring,

 and control instruments...................... 27,997 27,979 27,889 0.1 0.3 0.4 27,956 28,244 28,252 27,342 2.2

 Electrical equipment, appliances, 

 and components.................................... 19,881 19,706 19,456 0.9 1.3 0.5 19,804 19,976 19,892 19,066 3.9

 Electric lighting equipment..................... 1,416 1,408 1,357 0.6 3.8 -3.8 1,435 1,452 1,365 1,388 3.4

 Household appliances........................... 1,408 1,429 1,380 -1.5 3.6 1.9 1,358 1,441 1,448 1,114 21.9

 Electrical equipment............................. 7,797 7,767 7,744 0.4 0.3 0.2 7,809 7,768 7,861 7,729 1.0

 Transportation equipment......................... 800,660 801,855 799,925 -0.1 0.2 0.5 802,471 804,338 798,109 776,988 3.3

 Motor vehicle bodies, parts, 

 and trailers...................................... 26,738 26,605 26,639 0.5 -0.1 -0.1 26,179 26,414 27,096 25,130 4.2

 Nondefense aircraft and parts................ 600,805 602,162 602,072 -0.2 0.0 0.1 601,549 602,042 600,842 583,199 3.1

 Defense aircraft and parts..................... 71,943 72,379 70,162 -0.6 3.2 1.3 73,018 73,469 69,797 74,795 -2.4

 Ships and boats.................................. 28,943 28,993 29,688 -0.2 -2.3 1.3 29,246 30,239 29,356 25,666 13.9

 Furniture and related products................... 8,569 8,612 8,437 -0.5 2.1 0.0 8,913 9,122 9,017 8,973 -0.7

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. 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, July Full Report, September 6, 2018. 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 July

July June May June - May - Apr. - July June May July 2018/

2018p 2018r 2018 July June May 2018p 2018r 2018 2017 2017

 All manufacturing industries...................... 675,839 670,214 668,607 0.8 0.2 0.2 679,515 665,586 673,906 643,505 5.6

 Excluding transportation........................ 544,454 543,294 539,899 0.2 0.6 0.2 547,238 540,620 543,695 518,129 5.6

 Excluding defense............................. 648,636 643,016 641,828 0.9 0.2 0.2 652,064 638,283 646,947 616,324 5.8

 With unfilled orders............................. 332,596 327,658 328,000 1.5 -0.1 0.3 335,781 325,683 331,168 317,178 5.9

 Durable goods industries........................ 408,557 403,440 403,402 1.3 0.0 0.3 411,830 400,579 406,964 390,189 5.5

 Wood products........................................ 12,222 12,188 12,099 0.3 0.7 0.0 12,058 11,965 11,988 11,539 4.5

 Nonmetallic mineral products..................... 14,454 14,391 14,252 0.4 1.0 0.9 14,519 14,546 14,555 13,750 5.6

 Primary metals......................................... 35,606 35,264 34,758 1.0 1.5 1.1 35,956 35,115 34,704 32,663 10.1

 Iron and steel mills............................... 20,063 19,860 19,599 1.0 1.3 1.2 20,247 19,737 19,393 18,431 9.9

 Aluminum and nonferrous metals............ 13,537 13,410 13,183 0.9 1.7 1.2 13,686 13,398 13,307 12,331 11.0

 Ferrous metal foundries........................ 2,006 1,994 1,976 0.6 0.9 0.8 2,023 1,980 2,004 1,901 6.4

 Fabricated metal products......................... 53,450 53,035 52,450 0.8 1.1 0.7 54,052 53,053 52,776 49,675 8.8

 Machinery.............................................. 68,186 68,344 67,980 -0.2 0.5 0.1 68,584 67,755 68,507 65,884 4.1

 Farm machinery.................................. 3,653 3,638 3,613 0.4 0.7 0.4 3,454 3,606 3,646 3,388 1.9

 Construction machinery......................... 5,497 5,508 5,515 -0.2 -0.1 0.1 5,447 5,475 5,500 5,172 5.3

 Mining, oil field, 

 and gas field machinery.................... 5,403 5,462 5,438 -1.1 0.4 0.8 5,410 5,451 5,454 5,579 -3.0

 Industrial machinery............................. 8,410 8,355 8,272 0.7 1.0 -0.3 8,373 8,334 8,285 7,937 5.5

 Photographic equipment....................... 1,693 1,714 1,728 -1.2 -0.8 1.4 1,733 1,674 1,724 1,691 2.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,934 4,923 4,949 0.2 -0.5 -0.7 5,005 4,936 5,279 4,914 1.9

 Metalworking machinery........................ 5,962 5,949 5,862 0.2 1.5 0.4 5,992 5,868 5,883 5,687 5.4

 Turbines, generators, and other

 power transmission equipment............ 9,453 9,648 9,545 -2.0 1.1 -0.2 9,688 9,437 9,698 9,467 2.3

 Material handling equipment.................. 5,568 5,619 5,631 -0.9 -0.2 0.8 5,729 5,651 5,596 5,377 6.5

 Computers and electronic products2

............ 43,170 43,371 43,314 -0.5 0.1 0.0 43,739 43,189 44,025 42,703 2.4

 Computers......................................... 1,491 1,529 1,527 -2.5 0.1 1.3 1,531 1,546 1,544 1,524 0.5

 Computer storage devices.................... 1,038 1,047 1,053 -0.9 -0.6 1.4 1,075 1,048 1,077 1,156 -7.0

 Other peripheral equipment................... 1,138 1,147 1,117 -0.8 2.7 0.8 1,172 1,125 1,158 1,166 0.5

 Nondefense communications

 equipment...................................... 4,721 4,723 4,772 0.0 -1.0 0.9 4,726 4,687 4,886 4,646 1.7

 Defense communications equipment........ 677 693 677 -2.3 2.4 1.2 677 693 677 665 1.8

 Audio and video equipment.................... 560 570 555 -1.8 2.7 1.3 560 542 516 600 -6.7

 Electronic components.......................... 7,263 7,289 7,274 -0.4 0.2 -2.2 7,415 7,247 7,341 7,336 1.1

 Nondefense search and navigation

 equipment...................................... 2,575 2,571 2,579 0.2 -0.3 0.2 2,614 2,555 2,581 2,606 0.3

 Defense search and navigation

 equipment....................................... 2,624 2,639 2,614 -0.6 1.0 -0.1 2,679 2,649 2,720 2,615 2.4

 Electromedical, measuring 

 and control instruments...................... 15,238 15,301 15,299 -0.4 0.0 0.4 15,458 15,222 15,604 14,930 3.5

 Electrical equipment, appliances, 

 and components.................................... 18,798 18,716 18,539 0.4 1.0 0.6 19,153 18,852 18,882 17,884 7.1

 Electric lighting equipment..................... 2,225 2,231 2,237 -0.3 -0.3 1.2 2,278 2,256 2,276 2,149 6.0

 Household appliances........................... 2,818 2,808 2,824 0.4 -0.6 0.5 2,872 2,799 2,875 2,744 4.7

 Electrical equipment............................. 5,194 5,153 5,122 0.8 0.6 0.2 5,304 5,155 5,266 4,924 7.7

 Batteries............................................ 1,849 1,863 1,852 -0.8 0.6 0.3 1,918 1,919 1,888 1,888 1.6

 Transportation equipment......................... 131,385 126,920 128,708 3.5 -1.4 0.2 132,277 124,966 130,211 125,376 5.5

 Automobiles....................................... 4,089 4,097 3,959 -0.2 3.5 2.8 4,176 3,877 3,873 3,934 6.2

 Light trucks and utility vehicles.............. 4,626 4,626 4,660 0.0 -0.7 4.0 4,766 4,244 4,687 4,320 10.3

 Heavy duty trucks ............................... 2,223 2,164 2,141 2.7 1.1 3.9 2,267 2,224 2,247 2,005 13.1

 Motor vehicle bodies, parts, 

 and trailers...................................... 25,576 25,539 25,364 0.1 0.7 0.3 25,834 25,113 25,320 24,038 7.5

 Nondefense aircraft and parts................ 67,061 62,838 65,193 6.7 -3.6 -0.5 67,065 61,898 66,669 63,139 6.2

 Defense aircraft and parts..................... 12,902 12,846 12,772 0.4 0.6 0.4 12,943 12,843 12,878 12,918 0.2

 Ships and boats.................................. 2,995 2,994 2,903 0.0 3.1 0.7 3,035 3,037 2,842 3,150 -3.7

 Furniture and related products.................... 7,901 7,887 7,910 0.2 -0.3 -0.3 8,081 8,092 7,981 7,766 4.1

 Miscellaneous durable goods..................... 23,385 23,324 23,392 0.3 -0.3 0.1 23,411 23,046 23,335 22,949 2.0

 Nondurable goods industries...................... 267,282 266,774 265,205 0.2 0.6 0.0 267,685 265,007 266,942 253,316 5.7

 Food products........................................ 54,116 54,455 54,678 -0.6 -0.4 -0.3 53,490 53,053 53,341 53,897 -0.8

 Grain and oilseed milling........................ 5,352 5,362 5,479 -0.2 -2.1 -0.7 5,110 5,232 5,171 5,311 -3.8

 Dairy products.................................... 7,549 7,588 7,604 -0.5 -0.2 1.3 7,801 7,836 7,847 8,005 -2.5

 Meat, poultry, and seafood products....... 9,344 9,259 9,287 0.9 -0.3 0.2 9,401 9,110 9,333 9,238 1.8

 Beverage and tobacco products................ 24,459 24,522 24,659 -0.3 -0.6 -0.1 23,615 23,861 24,667 23,377 1.0

 Beverages......................................... 19,845 19,872 19,963 -0.1 -0.5 0.0 19,356 19,448 20,094 19,062 1.5

 Tobacco............................................ 4,614 4,650 4,696 -0.8 -1.0 -0.7 4,259 4,413 4,573 4,315 -1.3

 Textile mills............................................ 3,236 3,212 3,205 0.7 0.2 -0.2 3,257 3,228 3,235 3,135 3.9

 Textile products...................................... 3,472 3,419 3,415 1.6 0.1 0.2 3,463 3,414 3,433 3,345 3.5

 Apparel................................................. 1,923 1,898 1,854 1.3 2.4 -1.0 2,025 1,896 1,834 1,931 4.9

 Leather and allied products....................... 780 781 780 -0.1 0.1 0.6 804 797 797 791 1.6

 Paper products....................................... 16,094 15,995 15,899 0.6 0.6 0.5 16,200 15,871 15,835 15,821 2.4

 Pulp, paper, and paperboard mills........... 6,514 6,526 6,496 -0.2 0.5 0.2 6,532 6,485 6,495 6,592 -0.9

 Paperboard containers......................... 5,121 5,033 5,003 1.7 0.6 0.7 5,129 4,958 4,972 4,814 6.5

 Printing.................................................. 5,460 5,442 5,469 0.3 -0.5 0.7 5,478 5,406 5,414 5,425 1.0

 Petroleum and coal products..................... 42,041 41,578 41,054 1.1 1.3 -0.3 42,815 41,680 42,645 34,107 25.5

 Petroleum refineries............................. 36,416 36,084 35,743 0.9 1.0 -0.3 37,082 36,116 37,228 29,271 26.7

 Chemical products..................................... 89,145 89,004 88,040 0.2 1.1 0.3 89,999 89,370 89,253 86,383 4.2

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,605 4,587 4,713 0.4 -2.7 0.3 4,335 4,281 4,619 4,447 -2.5

 Pharmaceuticals and medicines.............. 36,383 36,380 35,983 0.0 1.1 0.4 36,853 37,042 36,723 35,039 5.2

 Paints, coatings, and adhesives.............. 3,873 3,883 3,887 -0.3 -0.1 0.5 3,904 3,954 3,985 3,740 4.4

 Plastics and rubber products..................... 26,556 26,468 26,152 0.3 1.2 0.3 26,539 26,431 26,488 25,104 5.7

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. 

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, July Full Report, September 6, 2018. 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

July June May June - May - Apr. - July June May July 2018/

2018p 2018r 2018 July June May 2018p 2018r 2018 2017 2018p 2017 2017

SHIPMENTS

 All manufacturing industries................... 501,690 501,641 496,450 0.0 1.0 0.6 482,989 525,660 515,105 440,348 3,440,534 3,199,477 7.5

 Construction materials and supplies....... 51,791 51,533 51,322 0.5 0.4 0.7 53,271 56,072 55,263 48,525 356,488 334,761 6.5

 Information technology......................... 24,850 24,234 23,965 2.5 1.1 -0.8 23,190 27,209 23,111 20,860 162,869 149,954 8.6

 Computers and related products........... 1,970 1,760 1,807 11.9 -2.6 -0.7 1,830 2,257 1,623 1,869 11,913 13,802 -13.7

 Motor vehicle and parts......................... 60,137 58,238 55,468 3.3 5.0 -4.4 49,926 60,886 57,515 42,996 398,952 374,133 6.6

 Capital goods...................................... 86,472 89,741 88,093 -3.6 1.9 2.3 80,162 98,632 88,478 76,377 600,228 557,544 7.7

 Nondefense capital goods3

.................. 75,021 78,277 76,548 -4.2 2.3 3.4 70,027 86,421 77,209 67,395 523,647 489,669 6.9

 Excluding aircraft............................. 68,692 68,008 67,337 1.0 1.0 0.1 64,789 73,927 67,487 59,119 466,147 432,712 7.7

 Defense capital goods4........................ 11,451 11,464 11,545 -0.1 -0.7 -4.3 10,135 12,211 11,269 8,982 76,581 67,875 12.8

 Consumer goods.................................. 213,901 211,502 208,625 1.1 1.4 -0.1 206,565 215,119 216,387 183,236 1,447,109 1,319,822 9.6

 Consumer durable goods..................... 43,892 42,213 40,018 4.0 5.5 -5.6 36,230 43,854 40,821 31,393 287,866 270,791 6.3

 Consumer nondurable goods................ 170,009 169,289 168,607 0.4 0.4 1.3 170,335 171,265 175,566 151,843 1,159,243 1,049,031 10.5

 All manufacturing industries5

................... 497,754 501,612 498,401 -0.8 0.6 0.4 477,440 528,244 513,780 433,166 3,446,621 3,182,666 8.3

 Construction materials and supplies....... 51,855 51,766 51,876 0.2 -0.2 -0.1 53,222 55,813 56,563 48,919 362,996 339,566 6.9

 Information technology......................... 25,241 24,824 24,505 1.7 1.3 0.2 22,632 27,544 23,352 20,355 165,153 151,877 8.7

 Computers and related products........... 1,985 1,763 1,816 12.6 -2.9 -0.8 1,845 2,260 1,632 1,907 12,068 13,958 -13.5

 Motor vehicle and parts......................... 60,270 58,204 55,453 3.5 5.0 -4.4 49,691 60,204 57,617 42,809 398,624 374,781 6.4

 Capital goods...................................... 85,783 90,285 90,317 -5.0 0.0 0.2 78,608 102,194 87,316 73,739 615,058 561,079 9.6

 Nondefense capital goods3

.................. 74,962 78,473 76,796 -4.5 2.2 -2.3 70,204 86,576 75,891 64,215 536,585 497,045 8.0

 Excluding aircraft............................. 69,908 68,832 68,306 1.6 0.8 0.7 65,198 73,588 68,188 59,115 473,048 441,001 7.3

 Defense capital goods4

........................ 10,821 11,812 13,521 -8.4 -12.6 16.7 8,404 15,618 11,425 9,524 78,473 64,034 22.5

 Consumer goods.................................. 213,961 211,622 208,608 1.1 1.4 -0.1 206,625 214,956 216,219 183,289 1,447,359 1,320,048 9.6

 Consumer durable goods..................... 43,952 42,333 40,001 3.8 5.8 -5.6 36,290 43,691 40,653 31,446 288,116 271,017 6.3

 Consumer nondurable goods.............. 170,009 169,289 168,607 0.4 0.4 1.3 170,335 171,265 175,566 151,843 1,159,243 1,049,031 10.5

 All manufacturing industries5

................... 1,164,904 1,164,840 1,160,743 0.0 0.4 0.5 1,168,928 1,170,456 1,164,208 1,124,464 (X) (X) 4.0

 Construction materials and supplies....... 57,954 57,890 57,657 0.1 0.4 1.0 59,079 59,128 59,387 52,931 (X) (X) 11.6

 Information technology......................... 113,621 113,230 112,640 0.3 0.5 0.5 113,430 113,988 113,653 110,500 (X) (X) 2.7

 Computers and related products........... 2,033 2,018 2,015 0.7 0.1 0.4 2,033 2,018 2,015 1,735 (X) (X) 17.2

 Motor vehicle and parts......................... 26,738 26,605 26,639 0.5 -0.1 -0.1 26,179 26,414 27,096 25,130 (X) (X) 4.2

 Capital goods...................................... 861,138 861,827 861,283 -0.1 0.1 0.3 863,923 865,477 861,915 842,249 (X) (X) 2.6

 Nondefense capital goods3

.................. 714,212 714,271 714,075 0.0 0.0 0.0 715,750 715,573 715,418 697,648 (X) (X) 2.6

 Excluding aircraft............................. 220,885 219,669 218,845 0.6 0.4 0.4 221,391 220,982 221,321 215,873 (X) (X) 2.6

 Defense capital goods4........................ 146,926 147,556 147,208 -0.4 0.2 1.4 148,173 149,904 146,497 144,601 (X) (X) 2.5

 Consumer goods.................................. 5,235 5,175 5,055 1.2 2.4 -0.3 5,061 5,001 5,164 4,792 (X) (X) 5.6

 Consumer durable goods..................... 5,235 5,175 5,055 1.2 2.4 -0.3 5,061 5,001 5,164 4,792 (X) (X) 5.6

 All manufacturing industries................... 675,839 670,214 668,607 0.8 0.2 0.2 679,515 665,586 673,906 643,505 (X) (X) 5.6

 Construction materials and supplies....... 72,141 71,664 71,023 0.7 0.9 0.6 72,604 71,749 71,940 67,302 (X) (X) 7.9

 Information technology......................... 38,711 38,840 38,664 -0.3 0.5 0.6 39,248 38,703 39,299 38,021 (X) (X) 3.2

 Computers and related products........... 3,667 3,723 3,697 -1.5 0.7 1.2 3,778 3,719 3,779 3,846 (X) (X) -1.8

 Motor vehicle and parts......................... 36,514 36,426 36,124 0.2 0.8 1.3 37,043 35,458 36,127 34,297 (X) (X) 8.0

 Capital goods...................................... 201,607 197,785 199,065 1.9 -0.6 0.3 203,117 196,893 201,684 193,949 (X) (X) 4.7

 Nondefense capital goods3

.................. 178,737 174,904 176,606 2.2 -1.0 0.2 180,040 173,904 179,151 171,331 (X) (X) 5.1

 Excluding aircraft............................. 123,626 123,700 123,178 -0.1 0.4 0.4 124,912 123,231 124,373 120,287 (X) (X) 3.8

 Defense capital goods4

........................ 22,870 22,881 22,459 0.0 1.9 0.9 23,077 22,989 22,533 22,618 (X) (X) 2.0

 Consumer goods.................................. 201,842 201,694 201,001 0.1 0.3 0.1 201,967 199,369 201,650 190,458 (X) (X) 6.0

 Consumer durable goods..................... 30,281 30,217 30,150 0.2 0.2 1.1 30,499 29,333 29,984 29,240 (X) (X) 4.3

 Consumer nondurable goods................ 171,561 171,477 170,851 0.0 0.4 -0.1 171,468 170,036 171,666 161,218 (X) (X) 6.4

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 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. 

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, July Full Report, September 6, 2018. 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 July

July June May June - May - Apr. - July June May July 2018/

2018p 2018r 2018 July June May 2018p 2018r 2018 2017 2017

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 231,772 230,394 228,215 0.6 1.0 0.4 233,328 229,287 229,238 218,652 6.7

 Durable goods industries.......................... 140,288 139,681 138,003 0.4 1.2 0.8 141,593 138,994 138,049 132,475 6.9

 Wood products................................... 5,070 5,088 5,063 -0.4 0.5 0.8 4,995 4,881 4,799 4,805 4.0

 Nonmetallic mineral products................. 5,930 5,929 5,902 0.0 0.5 0.7 5,946 5,955 5,941 5,477 8.6

 Primary metals.................................... 12,839 12,623 12,474 1.7 1.2 0.5 12,892 12,488 12,193 12,029 7.2

 Fabricated metal products........................ 20,240 19,978 19,556 1.3 2.2 1.3 20,504 19,953 19,520 18,402 11.4

 Machinery.......................................... 26,786 26,785 26,577 0.0 0.8 1.1 27,126 26,820 26,714 24,820 9.3

 Computers and electronic products........ 18,635 18,527 18,427 0.6 0.5 0.6 18,847 18,475 18,737 17,171 9.8

 Electrical equipment, appliances,

 and components............................... 7,893 7,837 7,709 0.7 1.7 0.2 8,013 7,880 7,835 7,229 10.8

 Transportation equipment..................... 31,175 31,291 30,706 -0.4 1.9 0.8 31,421 30,892 30,668 31,079 1.1

 Furniture and related products............... 3,903 3,854 3,813 1.3 1.1 0.3 3,942 3,896 3,822 3,796 3.8

 Miscellaneous products......................... 7,817 7,769 7,776 0.6 -0.1 0.6 7,907 7,754 7,820 7,667 3.1

 Nondurable goods industries...................... 91,484 90,713 90,212 0.8 0.6 -0.1 91,735 90,293 91,189 86,177 6.4

 Food products.................................... 17,839 17,918 17,968 -0.4 -0.3 -0.9 17,675 17,629 17,821 18,409 -4.0

 Beverage and tobacco products................... 5,786 5,798 5,926 -0.2 -2.2 0.3 5,548 5,621 5,905 5,556 -0.1

 Textiles.............................................. 1,149 1,130 1,127 1.7 0.3 0.4 1,157 1,138 1,137 1,076 7.5

 Textile products................................... 1,318 1,313 1,313 0.4 0.0 0.0 1,320 1,318 1,319 1,291 2.2

 Apparel............................................. 497 496 487 0.2 1.8 0.0 513 496 488 500 2.6

 Leather and allied products.................... 265 265 257 0.0 3.1 4.5 274 268 261 240 14.2

 Paper products.................................... 8,210 8,137 8,038 0.9 1.2 0.8 8,234 8,008 7,979 7,777 5.9

 Printing ............................................. 2,788 2,760 2,786 1.0 -0.9 0.7 2,811 2,742 2,780 2,710 3.7

 Petroleum and coal products................. 12,088 11,782 11,852 2.6 -0.6 -1.1 12,245 12,011 12,570 9,130 34.1

 Chemical products................................ 30,416 30,025 29,487 1.3 1.8 0.1 30,783 30,033 29,905 29,099 5.8

 Plastics and rubber products.................. 11,128 11,089 10,971 0.4 1.1 0.6 11,175 11,029 11,024 10,389 7.6

WORK IN PROCESS

 All manufacturing industries....................... 209,065 204,760 206,063 2.1 -0.6 0.0 210,125 202,781 208,423 195,160 7.7

 Durable goods industries.......................... 153,563 149,126 151,130 3.0 -1.3 0.2 154,745 147,993 153,389 144,612 7.0

 Wood products................................... 2,277 2,264 2,241 0.6 1.0 1.4 2,238 2,250 2,266 1,900 17.8

 Nonmetallic mineral products................. 1,531 1,524 1,505 0.5 1.3 -1.6 1,545 1,548 1,550 1,567 -1.4

 Primary metals.................................... 10,678 10,686 10,386 -0.1 2.9 2.2 10,900 10,775 10,480 9,455 15.3

 Fabricated metal products........................ 13,879 13,878 13,855 0.0 0.2 1.2 13,987 13,841 13,915 12,946 8.0

 Machinery.......................................... 18,936 19,050 18,875 -0.6 0.9 0.1 19,063 18,687 18,998 17,988 6.0

 Computers and electronic products........ 12,790 12,923 12,981 -1.0 -0.4 -1.8 13,006 13,034 13,427 13,461 -3.4

 Electrical equipment, appliances,

 and components............................... 3,991 3,948 3,895 1.1 1.4 1.1 4,074 4,007 3,991 3,724 9.4

 Transportation equipment..................... 84,352 79,714 82,229 5.8 -3.1 0.1 84,770 78,736 83,588 78,795 7.6

 Furniture and related products............... 1,379 1,422 1,438 -3.0 -1.1 0.1 1,393 1,438 1,441 1,273 9.4

 Miscellaneous products......................... 3,750 3,717 3,725 0.9 -0.2 -0.1 3,769 3,677 3,733 3,503 7.6

 Nondurable goods industries...................... 55,502 55,634 54,933 -0.2 1.3 -0.7 55,380 54,788 55,034 50,548 9.6

 Food products.................................... 6,402 6,445 6,263 -0.7 2.9 -4.5 5,865 5,820 5,594 5,607 4.6

 Beverage and tobacco products................... 9,451 9,431 9,381 0.2 0.5 -0.1 8,843 8,885 9,291 8,623 2.6

 Textiles.............................................. 708 701 706 1.0 -0.7 -0.3 715 699 712 701 2.0

 Textile products................................... 409 406 412 0.7 -1.5 0.7 409 402 413 412 -0.7

 Apparel............................................. 340 336 331 1.2 1.5 2.2 360 347 336 310 16.1

 Leather and allied products.................... 78 76 75 2.6 1.3 1.4 77 74 76 78 -1.3

 Paper products.................................... 1,297 1,282 1,274 1.2 0.6 0.5 1,320 1,289 1,276 1,270 3.9

 Printing ............................................. 1,102 1,106 1,109 -0.4 -0.3 0.6 1,111 1,065 1,052 1,107 0.4

 Petroleum and coal products................. 13,440 13,488 13,103 -0.4 2.9 1.4 13,869 13,431 13,714 10,641 30.3

 Chemical products................................ 19,105 19,226 19,191 -0.6 0.2 -1.4 19,651 19,639 19,441 18,897 4.0

 Plastics and rubber products.................. 3,170 3,137 3,088 1.1 1.6 0.2 3,160 3,137 3,129 2,902 8.9

FINISHED GOODS

 All manufacturing industries....................... 235,002 235,060 234,329 0.0 0.3 0.2 236,062 233,518 236,245 229,693 2.8

 Durable goods industries.......................... 114,706 114,633 114,269 0.1 0.3 0.0 115,492 113,592 115,526 113,102 2.1

 Wood products................................... 4,875 4,836 4,795 0.8 0.9 -1.4 4,825 4,834 4,923 4,834 -0.2

 Nonmetallic mineral products................. 6,993 6,938 6,845 0.8 1.4 1.6 7,028 7,043 7,064 6,706 4.8

 Primary metals.................................... 12,089 11,955 11,898 1.1 0.5 0.9 12,164 11,852 12,031 11,179 8.8

 Fabricated metal products........................ 19,331 19,179 19,039 0.8 0.7 -0.1 19,561 19,259 19,341 18,327 6.7

 Machinery.......................................... 22,464 22,509 22,528 -0.2 -0.1 -1.0 22,395 22,248 22,795 23,076 -3.0

 Computers and electronic products........ 11,745 11,921 11,906 -1.5 0.1 1.3 11,886 11,680 11,861 12,071 -1.5

 Electrical equipment, appliances,

 and components............................... 6,914 6,931 6,935 -0.2 -0.1 0.8 7,066 6,965 7,056 6,931 1.9

 Transportation equipment..................... 15,858 15,915 15,773 -0.4 0.9 -0.3 16,086 15,338 15,955 15,502 3.8

 Furniture and related products............... 2,619 2,611 2,659 0.3 -1.8 -1.3 2,746 2,758 2,718 2,697 1.8

 Miscellaneous products......................... 11,818 11,838 11,891 -0.2 -0.4 -0.1 11,735 11,615 11,782 11,779 -0.4

 Nondurable goods industries...................... 120,296 120,427 120,060 -0.1 0.3 0.5 120,570 119,926 120,719 116,591 3.4

 Food products.................................... 29,875 30,092 30,447 -0.7 -1.2 1.0 29,950 29,604 29,926 29,881 0.2

 Beverage and tobacco products................... 9,222 9,293 9,352 -0.8 -0.6 -0.4 9,224 9,355 9,471 9,198 0.3

 Textiles.............................................. 1,379 1,381 1,372 -0.1 0.7 -0.6 1,385 1,391 1,386 1,358 2.0

 Textile products................................... 1,745 1,700 1,690 2.6 0.6 0.3 1,734 1,694 1,701 1,642 5.6

 Apparel............................................. 1,086 1,066 1,036 1.9 2.9 -2.4 1,152 1,053 1,010 1,121 2.8

 Leather and allied products.................... 437 440 448 -0.7 -1.8 -1.5 453 455 460 473 -4.2

 Paper products.................................... 6,587 6,576 6,587 0.2 -0.2 0.0 6,646 6,574 6,580 6,774 -1.9

 Printing ............................................. 1,570 1,576 1,574 -0.4 0.1 0.9 1,556 1,599 1,582 1,608 -3.2

 Petroleum and coal products................. 16,513 16,308 16,099 1.3 1.3 -1.0 16,701 16,238 16,361 14,336 16.5

 Chemical products................................ 39,624 39,753 39,362 -0.3 1.0 1.2 39,565 39,698 39,907 38,387 3.1

 Plastics and rubber products.................. 12,258 12,242 12,093 0.1 1.2 0.0 12,204 12,265 12,335 11,813 3.3

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. 

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, July Full Report, September 6, 2018. 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 Jul Jun May Apr Jul Jun May Apr

2018p 2018r 2018 2018 2018p 2018r 2018 2018

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

Durable goods industries3

.................................. 1.63 1.60 1.63 1.63 6.73 6.64 6.67 6.73

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

 Nonmetallic mineral products......................... 1.32 1.32 1.31 1.30 (X) (X) (X) (X)

 Primary metals.............................................. 1.64 1.64 1.63 1.61 1.43 1.44 1.43 1.40

 Fabricated metal products.............................. 1.62 1.61 1.60 1.59 2.61 2.62 2.62 2.60

 Machinery..................................................... 2.07 2.09 2.09 2.11 3.54 3.56 3.56 3.57

 Computers and electronic products3

................ 1.59 1.62 1.63 1.64 5.36 5.42 5.44 5.39

 Electrical equipment, appliances,

 and components........................................ 1.66 1.66 1.65 1.64 1.92 1.91 1.89 1.88

 Transportation equipment.............................. 1.56 1.48 1.57 1.55 15.64 14.76 14.99 15.54

 Furniture and related products........................ 1.21 1.21 1.19 1.22 1.48 1.49 1.44 1.47

 Miscellaneous products.................................. 1.70 1.69 1.70 1.70 (X) (X) (X) (X)

Nondurable goods industries............................. 1.07 1.07 1.06 1.08 (X) (X) (X) (X)

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

 Beverage and tobacco products...................... 1.93 1.95 1.99 2.03 (X) (X) (X) (X)

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

 Textile products............................................ 1.51 1.51 1.52 1.51 (X) (X) (X) (X)

 Apparel......................................................... 2.01 1.94 1.93 1.98 (X) (X) (X) (X)

 Leather and allied products............................. 1.85 1.85 1.88 1.80 (X) (X) (X) (X)

 Paper products.............................................. 1.00 1.00 0.99 0.99 (X) (X) (X) (X)

 Printing......................................................... 0.82 0.82 0.83 0.83 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.75 0.74 0.74 0.77 (X) (X) (X) (X)

 Chemical products......................................... 1.37 1.36 1.36 1.37 (X) (X) (X) (X)

 Plastics and rubber products........................... 1.34 1.34 1.32 1.32 (X) (X) (X) (X)

Jul3 Jul3 Jul3 Jul3

Industry 2017- 2017- 2017- 2017-

Jul2 Jun Jul2 Jun Jul2 Jun Jul2 Jun

2018 2018 2018 2018 2018 2018 2018 2018

 

All manufacturing industries.................. (X) 0.1 (X) 0.2 (X) 0.0 (X) 0.1

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

 Wood products................................... (X) 0.2 (X) (NA) (X) (NA) (X) 0.2

 Nonmetallic mineral products.............. (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

 Primary metals.................................... 0.1 0.4 -0.1 0.8 -0.1 0.3 0.0 0.4

 Fabricated metal products.................... -0.1 0.3 -0.3 0.5 0.0 0.2 0.1 0.2

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

 Computers and electronic products..... -0.2 0.3 -0.2 0.7 0.0 0.1 -0.1 0.2

 Electrical equipment, appliances,

 and components............................. -0.2 0.4 0.0 0.7 0.2 0.2 0.1 0.2

 Transportation equipment.................... 0.2 0.2 0.1 0.6 0.0 0.1 0.0 0.1

 Furniture and related products............. (X) 0.4 (X) 0.9 (X) 0.7 (X) 0.4

 Miscellaneous products...................... (X) 0.2 (X) 0.2 (X) 0.2 (X) 0.1

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

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

 Beverage and tobacco products............ (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

 Textiles............................................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

 Textile products.................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.2

 Apparel.............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.6

 Leather and allied products.................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

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

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

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

 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, July Full Report, September 6, 2018.

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, July Full Report, September 6, 

2018. 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