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FOR RELEASE AT 10:00 AM EDT, MONDAY, APRIL 8, 2019

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS

FEBRUARY 2019

Release Number: CB 19‐44 M3‐2 (19)‐02

April 8, 2019 — The U.S. Census Bureau announces the February full report on manufacturers’ shipments,

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

FEBRUARY 2019 $497.5 billion            ‐0.5%°

JANUARY 2019  

(revised) $500.1 billion             0.0%°

Next release: May 2, 2019

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, April 8,

2019.

Summary

New orders for manufactured goods in February, down four of the last five months, decreased $2.6 billion

or 0.5 percent to $497.5 billion, the U.S. Census Bureau reported today.  This followed a virtually

unchanged January decrease.  Shipments, up following four consecutive monthly decreases, increased

$2.0 billion or 0.4 percent to $505.5 billion.  This followed a 0.3 percent January decrease.  Unfilled orders,

down four of the last five months, decreased $3.6 billion or 0.3 percent to $1,177.6 billion.  This followed a

0.1 percent January increase.  The unfilled orders‐to‐shipments ratio was 6.54, down from 6.57 in January.  

Inventories, up twenty‐seven of the last twenty‐eight months, increased $2.0 billion or 0.3 percent to

$687.8 billion.  This followed a 0.5 percent January increase.  The inventories‐to‐shipments ratio was 1.36,

unchanged from January.

New Orders

New orders for manufactured durable goods in February, down following three consecutive monthly

increases, decreased $4.2 billion or 1.6 percent to $250.5 billion, unchanged from the previously published

decrease.  This followed a 0.1 percent January increase.  Transportation equipment, also down following

Mar‐18 Apr‐18 May‐18 Jun‐18 Jul‐18 Aug‐18 Sep‐18 Oct‐18 Nov‐18 Dec‐18 Jan‐19 Feb‐19

% Change 1.7% ‐0.4% 0.4% 0.6% ‐0.5% 2.6% 0.2% ‐2.1% ‐0.5% 0.1% 0.0% ‐0.5%

‐4.0%

‐3.0%

‐2.0%

‐1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

MANUFACTURERS' NEW ORDERS 2018‐2019

Seasonally Adjusted,   Month‐To‐Month Percentage Change

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

April 8, 2019.
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three consecutive monthly increases, led the decrease, $4.1 billion or 4.5 percent to $86.2 billion.  New

orders for manufactured nondurable goods increased $1.5 billion or 0.6 percent to $247.0 billion.

Shipments

Shipments of manufactured durable goods in February, up three of the last four months, increased $0.5

billion or 0.2 percent to $258.5 billion, unchanged from the previously published increase.  This followed a

0.5 percent January decrease.  Computers and electronic products, up four of the last five months, led the

increase, $0.3 billion or 1.0 percent to $28.0 billion.  Shipments of manufactured nondurable goods, up

following three consecutive monthly decreases, increased $1.5 billion or 0.6 percent to $247.0 billion.  This

followed a 0.1 percent January decrease.  Petroleum and coal products, also up following three

consecutive monthly decreases, led the increase, $1.4 billion or 2.8 percent to $51.9 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in February, down four of the last five months, decreased

$3.6 billion or 0.3 percent to $1,177.6 billion, unchanged from the previously published decrease.  This

followed a 0.1 percent January increase.  Transportation equipment, also down four of the last five

months, led the decrease, $3.6 billion or 0.4 percent to $807.3 billion.

Inventories

Inventories of manufactured durable goods in February, up twenty‐five of the last twenty‐six months,

increased $1.3 billion or 0.3 percent to $418.9 billion, unchanged from the previously published increase.  

This followed a 0.5 percent January increase.  Transportation equipment, up five of the last six months,

drove the increase, $1.3 billion or 1.0 percent to $134.1 billion.  Inventories of manufactured nondurable

goods, up two consecutive months, increased $0.7 billion or 0.3 percent to $268.9 billion.  This followed a

0.6 percent January increase.  Petroleum and coal products, also up two consecutive months, drove the

increase, $0.9 billion or 2.3 percent to $40.2 billion.  By stage of fabrication, February materials and

supplies decreased 0.2 percent in durable goods and increased 0.2 percent in nondurable goods.  Work in

process increased 1.0 percent in durable goods and increased 0.5 percent in nondurable goods.  Finished

goods were virtually unchanged in durable goods and increased 0.2 percent in nondurable goods.  

The Advance Report on durable goods for March is scheduled for release on April 25, 2019 at 8:30 a.m.

EDT and the Full Report on May 2, 2019 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>.
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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 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 
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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/>.

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.

Notice of Revisions and Changes Due to Updated Seasonal Adjustment Models

On May 16, 2019, monthly seasonally adjusted data for Manufacturers’ Shipments, Inventories, and

Orders, based on the North American Industry Classification System, will be revised for January 2002

through March 2019.  There will be no accompanying press release containing revised seasonally adjusted

data for January through March of 2019, and historical data not seasonally adjusted will be unchanged.   

These revisions to the historical seasonally adjusted data will be based on the results of the recent annual

review of the seasonal adjustment models.  Based on this review, the lists of series that are seasonally

adjusted and not seasonally adjusted will be updated.  Three unfilled orders series and one total

inventories series that have been adjusted will no longer be seasonally adjusted.  Conversely, two stage of

fabrication series that have not been adjusted will now be seasonally adjusted.  These changes will be  
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implemented on May 16, 2019 and will also be used to produce seasonally adjusted data from the

Manufacturers’ Shipments, Inventories, and Orders Survey, beginning with the April 2019 Advance Report

on Durable Goods scheduled for release on May 24, 2019 and the full report scheduled for release on June

4, 2019.

###
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

Feb. Jan. Dec. Jan. ‐ Dec. ‐ Nov. ‐ Feb. Jan. Dec. Feb. 2019/

2019p 2019r 2018 Feb. Jan. Dec. 2019p 2019r 2018 2018 2019p 2018 2018

  All manufacturing industries.................. 505,471 503,490 504,890 0.4 ‐0.3 ‐0.2 469,381 466,970 490,076 455,059 936,351 908,836 3.0

      Excluding transportation................... 415,649 413,401 413,560 0.5 0.0 ‐0.6 383,548 387,462 400,689 375,948 771,010 757,507 1.8

      Excluding defense.............................. 491,212 488,401 490,527 0.6 ‐0.4 ‐0.3 455,903 454,569 473,894 442,728 910,472 885,562 2.8

      With unfilled orders............................ 180,009 179,827 180,332 0.1 ‐0.3 0.5 167,056 161,727 179,832 158,472 328,783 310,746 5.8

  Durable goods industries......................... 258,496 258,030 259,199 0.2 ‐0.5 0.7 241,566 233,379 252,945 229,193 474,945 449,543 5.7

  Wood products....................................... 9,092 9,089 9,088 0.0 0.0 ‐0.1 8,193 7,805 7,913 8,459 15,998 16,562 ‐3.4

  Nonmetallic mineral products.................... 11,188 11,147 11,059 0.4 0.8 1.1 9,594 9,803 9,312 9,231 19,397 18,589 4.3

  Primary metals....................................... 21,401 21,261 21,534 0.7 ‐1.3 ‐1.5 20,449 20,974 19,084 19,438 41,423 39,151 5.8

      Iron and steel mills............................ 11,100 10,895 10,981 1.9 ‐0.8 ‐1.5 10,514 10,771 9,723 9,381 21,285 18,999 12.0

      Aluminum and nonferrous metals.......... 8,872 8,887 9,105 ‐0.2 ‐2.4 ‐1.9 8,584 8,811 8,090 8,749 17,395 17,570 ‐1.0

      Ferrous metal foundries....................... 1,429 1,479 1,448 ‐3.4 2.1 2.2 1,351 1,392 1,271 1,308 2,743 2,582 6.2

  Fabricated metal products....................... 33,967 33,757 33,760 0.6 0.0 1.0 31,750 31,599 30,845 29,943 63,349 59,882 5.8

  Machinery............................................. 33,336 33,319 32,941 0.1 1.1 0.0 31,503 29,874 33,065 30,689 61,377 59,229 3.6

      Farm machinery................................. 2,514 2,592 2,729 ‐3.0 ‐5.0 2.0 2,801 2,331 2,387 2,750 5,132 4,918 4.4

      Construction machinery..................... 3,040 3,087 2,951 ‐1.5 4.6 0.9 2,941 2,658 2,822 2,909 5,599 5,336 4.9

      Mining, oil field, and

          gas field machinery.......................... 1,433 1,446 1,467 ‐0.9 ‐1.4 ‐1.3 1,314 1,354 1,709 1,369 2,668 2,909 ‐8.3

      Industrial machinery.......................... 2,617 2,592 2,518 1.0 2.9 ‐1.1 2,284 2,132 2,945 2,290 4,416 4,437 ‐0.5

      Photographic equipment...................... 613 565 534 8.5 5.8 ‐1.1 561 473 598 472 1,034 913 13.3

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............ 4,109 4,026 3,967 2.1 1.5 2.7 3,350 3,292 3,708 3,021 6,642 6,088 9.1

      Metalworking machinery..................... 2,681 2,626 2,545 2.1 3.2 ‐3.2 2,395 2,444 2,779 2,639 4,839 5,229 ‐7.5

      Turbines, generators, and other

          power transmission equipment....... 4,379 4,342 4,360 0.9 ‐0.4 ‐2.2 4,391 4,132 4,162 4,133 8,523 7,977 6.8

      Material handling equipment............... 2,868 2,880 2,849 ‐0.4 1.1 1.8 2,728 2,677 2,909 2,548 5,405 4,952 9.1

  Computers and electronic products2

.......... 27,973 27,704 27,729 1.0 ‐0.1 0.1 24,712 24,653 31,498 23,009 49,365 46,789 5.5

      Computers........................................ 699 716 790 ‐2.4 ‐9.4 ‐1.5 494 548 978 560 1,042 1,163 ‐10.4

      Computer storage devices..................... 334 300 258 11.3 16.3 ‐11.0 237 212 388 188 449 424 5.9

      Other peripheral equipment................ 789 768 716 2.7 7.3 ‐7.1 603 647 971 527 1,250 1,157 8.0

      Nondefense communications

          equipment.................................... 3,552 3,499 3,431 1.5 2.0 2.9 2,882 2,727 4,680 2,443 5,609 4,933 13.7

      Defense communications equipment.... 276 316 329 ‐12.7 ‐4.0 0.6 276 279 312 265 555 474 17.1

      Audio and video equipment.................... 331 331 375 0.0 ‐11.7 23.4 282 240 529 201 522 353 47.9

      Electronic components......................... 3,580 3,536 3,574 1.2 ‐1.1 0.3 3,219 3,163 3,647 3,184 6,382 6,385 0.0

      Nondefense search and navigation

          equipment...................................... 1,571 1,592 1,568 ‐1.3 1.5 1.6 1,474 1,390 1,698 1,418 2,864 2,767 3.5

      Defense search and navigation

          equipment..................................... 2,762 2,755 2,779 0.3 ‐0.9 ‐1.0 2,610 2,284 3,160 2,595 4,894 4,976 ‐1.6

      Electromedical, measuring,

          and control instruments................. 9,310 9,435 9,504 ‐1.3 ‐0.7 0.3 8,203 7,994 11,075 7,936 16,197 15,375 5.3

  Electrical equipment, appliances,        

    and components................................... 11,506 11,456 11,457 0.4 0.0 0.5 10,523 10,318 11,073 10,171 20,841 20,022 4.1

      Electric lighting equipment..................... 1,021 1,026 1,026 ‐0.5 0.0 0.0 945 919 1,041 981 1,864 1,939 ‐3.9

      Household appliances........................ 1,745 1,791 1,777 ‐2.6 0.8 3.6 1,522 1,525 1,800 1,506 3,047 2,927 4.1

      Electrical equipment............................ 3,052 3,070 2,994 ‐0.6 2.5 0.1 2,850 2,729 2,876 2,873 5,579 5,506 1.3

      Batteries........................................... 882 822 897 7.3 ‐8.4 ‐1.2 753 746 921 796 1,499 1,667 ‐10.1

  Transportation equipment........................ 89,822 90,089 91,330 ‐0.3 ‐1.4 1.6 85,833 79,508 89,387 79,111 165,341 151,329 9.3

      Automobiles..................................... 8,900 8,873 9,480 0.3 ‐6.4 2.0 8,827 8,513 8,640 9,588 17,340 18,695 ‐7.2

      Light trucks and utility vehicles.............. 21,525 21,548 21,726 ‐0.1 ‐0.8 2.7 21,440 19,247 20,037 18,256 40,687 34,089 19.4

      Heavy duty trucks ............................. 3,049 3,210 2,936 ‐5.0 9.3 4.3 2,781 2,854 2,503 2,441 5,635 4,780 17.9

      Motor vehicle bodies, parts,       

          and trailers.................................... 28,109 27,896 28,028 0.8 ‐0.5 1.5 28,242 26,282 23,896 26,459 54,524 51,118 6.7

      Nondefense aircraft and parts................ 13,796 13,362 14,964 3.2 ‐10.7 ‐0.5 11,195 10,265 18,979 10,462 21,460 20,088 6.8

      Defense aircraft and parts.................. 4,667 5,193 4,711 ‐10.1 10.2 4.5 4,018 3,987 5,576 3,979 8,005 7,367 8.7

      Ships and boats................................. 2,829 2,839 2,817 ‐0.4 0.8 1.3 2,810 2,233 2,914 2,794 5,043 4,999 0.9

  Furniture and related products.................. 6,595 6,629 6,683 ‐0.5 ‐0.8 2.2 6,348 6,207 6,516 6,293 12,555 12,267 2.3

  Miscellaneous durable goods................. 13,616 13,579 13,618 0.3 ‐0.3 ‐0.5 12,661 12,638 14,252 12,849 25,299 25,723 ‐1.6

  Nondurable goods industries..................... 246,975 245,460 245,691 0.6 ‐0.1 ‐1.1 227,815 233,591 237,131 225,866 461,406 459,293 0.5

  Food products....................................... 67,253 66,928 66,807 0.5 0.2 ‐0.5 64,397 64,838 66,340 64,683 129,235 129,197 0.0

      Grain and oilseed milling....................... 7,505 7,382 7,372 1.7 0.1 ‐3.4 7,299 7,437 7,507 7,663 14,736 15,546 ‐5.2

      Dairy products.................................. 9,464 9,248 9,206 2.3 0.5 ‐0.8 8,794 9,003 9,197 8,972 17,797 18,036 ‐1.3

      Meat, poultry, and seafood products... 19,430 19,435 19,454 0.0 ‐0.1 0.1 18,364 18,433 18,669 18,295 36,797 36,324 1.3

  Beverage and tobacco products................ 12,277 12,627 12,565 ‐2.8 0.5 ‐0.7 11,365 11,621 12,084 11,395 22,986 22,604 1.7

      Beverages......................................... 8,620 8,689 8,779 ‐0.8 ‐1.0 ‐0.1 7,708 7,683 8,298 7,697 15,391 15,159 1.5

      Tobacco............................................ 3,657 3,938 3,786 ‐7.1 4.0 ‐2.1 3,657 3,938 3,786 3,698 7,595 7,445 2.0

  Textile mills........................................... 2,500 2,491 2,493 0.4 ‐0.1 ‐0.6 2,425 2,302 2,181 2,395 4,727 4,686 0.9

  Textile products................................... 2,319 2,332 2,386 ‐0.6 ‐2.3 0.3 2,242 2,087 2,139 2,139 4,329 4,078 6.2

  Apparel................................................ 956 970 985 ‐1.4 ‐1.5 0.6 897 894 937 891 1,791 1,770 1.2

  Leather and allied products...................... 440 433 422 1.6 2.6 1.9 438 402 398 399 840 757 11.0

  Paper products...................................... 16,219 16,138 16,002 0.5 0.8 ‐0.3 15,142 15,984 15,371 14,891 31,126 30,780 1.1

      Pulp, paper, and paperboard mills....... 6,471 6,472 6,540 0.0 ‐1.0 ‐0.3 5,981 6,491 6,398 6,056 12,472 12,619 ‐1.2

      Paperboard containers........................ 5,728 5,656 5,484 1.3 3.1 ‐1.4 5,323 5,660 4,963 5,114 10,983 10,668 3.0

  Printing................................................. 6,711 6,697 6,652 0.2 0.7 ‐0.3 6,079 6,479 6,405 5,895 12,558 12,132 3.5

  Petroleum and coal products.................. 51,856 50,439 50,724 2.8 ‐0.6 ‐4.3 44,171 46,572 48,584 44,858 90,743 94,703 ‐4.2

      Petroleum refineries.......................... 47,539 46,076 46,360 3.2 ‐0.6 ‐5.1 40,674 43,125 45,125 41,697 83,799 88,384 ‐5.2

  Chemical products..................................... 66,482 66,519 66,801 ‐0.1 ‐0.4 0.1 62,066 63,648 64,876 59,995 125,714 121,676 3.3

      Pesticides, fertilizers, and other

          agricultural chemicals....................... 2,667 2,761 2,827 ‐3.4 ‐2.3 3.0 2,712 2,374 2,428 2,551 5,086 4,630 9.8

      Pharmaceuticals and medicines............. 22,292 22,065 22,157 1.0 ‐0.4 ‐0.3 20,499 21,622 22,542 19,086 42,121 39,800 5.8

      Paints, coatings, and adhesives.......... 3,935 3,906 3,919 0.7 ‐0.3 1.2 3,558 3,499 3,143 3,366 7,057 6,690 5.5

  Plastics and rubber products.................. 19,962 19,886 19,854 0.4 0.2 0.3 18,593 18,764 17,816 18,325 37,357 36,910 1.2

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, February Full Report, April 8, 2019.  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

Feb. Jan. Dec. Jan. ‐ Dec. ‐ Nov. ‐ Feb. Jan. Dec. Feb. 2019/

2019p 2019r 2018 Feb. Jan. Dec. 2019p 2019r 2018 2018 2019p 2018 2018

All manufacturing industries2........................ 497,474 500,122 500,140 ‐0.5 0.0 0.1 463,051 465,038 494,142 458,838 928,089 906,451 2.4

      Excluding transportation2...................... 411,259 409,840 410,220 0.3 ‐0.1 ‐0.5 382,917 387,135 396,011 377,277 770,052 758,642 1.5

      Excluding defense2.............................. 483,243 486,276 485,645 ‐0.6 0.1 0.5 451,294 454,659 474,801 445,195 905,953 884,750 2.4

      With unfilled orders2

............................. 176,393 180,543 179,639 ‐2.3 0.5 1.3 164,768 164,590 187,609 165,720 329,358 316,707 4.0

  Durable goods industries2......................... 250,499 254,662 254,449 ‐1.6 0.1 1.3 235,236 231,447 257,011 232,972 466,683 447,158 4.4

  Primary metals........................................ 21,508 21,382 21,781 0.6 ‐1.8 0.0 21,302 21,257 19,670 20,441 42,559 40,667 4.7

      Iron and steel mills.............................. 11,100 10,741 11,151 3.3 ‐3.7 0.6 11,074 10,660 10,237 10,182 21,734 20,469 6.2

      Aluminum and nonferrous metals.......... 8,976 9,098 9,173 ‐1.3 ‐0.8 ‐0.8 8,861 9,018 8,116 8,935 17,879 17,532 2.0

      Ferrous metal foundries....................... 1,432 1,543 1,457 ‐7.2 5.9 1.4 1,367 1,579 1,317 1,324 2,946 2,666 10.5

  Fabricated metal products........................ 34,248 34,221 34,401 0.1 ‐0.5 1.3 32,893 33,165 30,603 31,367 66,058 62,666 5.4

  Machinery............................................. 33,113 33,298 32,613 ‐0.6 2.1 ‐0.4 32,139 31,586 31,724 32,048 63,725 62,589 1.8

      Construction machinery........................ 3,043 2,952 2,839 3.1 4.0 ‐2.3 3,082 2,855 2,745 3,127 5,937 5,978 ‐0.7

      Mining, oil field, and

          gas field machinery.......................... 1,433 1,384 1,356 3.5 2.1 ‐8.2 1,451 1,268 1,493 1,462 2,719 3,017 ‐9.9

      Industrial machinery............................ 2,572 2,642 2,287 ‐2.6 15.5 ‐8.9 2,224 2,493 2,522 2,305 4,717 4,636 1.7

      Photographic equipment....................... 516 513 555 0.6 ‐7.6 4.1 423 454 663 456 877 912 ‐3.8

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 4,188 4,636 4,000 ‐9.7 15.9 2.3 3,539 4,146 3,629 3,158 7,685 6,459 19.0

      Metalworking machinery....................... 2,541 2,539 2,446 0.1 3.8 0.8 2,415 2,521 2,564 3,013 4,936 5,847 ‐15.6

      Turbines, generators, and other        

          power transmission equipment........... 4,359 4,235 4,051 2.9 4.5 ‐4.8 4,353 4,040 3,772 4,062 8,393 7,934 5.8

      Material handling equipment.................. 2,823 2,824 2,961 0.0 ‐4.6 4.3 2,810 2,690 3,249 2,743 5,500 5,262 4.5

  Computers and electronic products2........... 23,467 23,592 24,049 ‐0.5 ‐1.9 ‐0.4 20,972 20,240 28,799 20,072 41,212 39,429 4.5

      Computers........................................ 691 756 794 ‐8.6 ‐4.8 ‐7.8 486 588 982 581 1,074 1,191 ‐9.8

      Nondefense communications

          equipment...................................... 3,327 3,377 3,264 ‐1.5 3.5 ‐5.3 3,033 2,700 4,445 3,003 5,733 5,633 1.8

      Defense communications equipment....... 259 267 284 ‐3.0 ‐6.0 ‐7.8 272 213 268 272 485 477 1.7

      Electronic components......................... 3,571 3,562 3,629 0.3 ‐1.8 ‐2.3 3,318 3,469 3,837 3,413 6,787 6,952 ‐2.4

      Nondefense search and navigation

          equipment...................................... 1,599 1,701 1,798 ‐6.0 ‐5.4 13.4 1,547 1,543 1,577 1,419 3,090 2,852 8.3

      Defense search and navigation

          equipment...................................... 2,811 2,702 3,224 4.0 ‐16.2 6.0 2,618 2,157 4,166 2,397 4,775 4,436 7.6

      Electromedical, measuring,

          and control instruments..................... 9,367 9,456 9,359 ‐0.9 1.0 ‐1.3 8,186 8,097 11,287 7,848 16,283 15,518 4.9

  Electrical equipment, appliances,        

    and components................................... 11,465 11,355 11,230 1.0 1.1 ‐0.3 10,730 10,675 10,793 10,429 21,405 20,488 4.5

      Electric lighting equipment..................... 1,022 1,026 1,026 ‐0.4 0.0 ‐0.6 959 960 994 994 1,919 2,002 ‐4.1

      Household appliances.......................... 1,751 1,676 1,694 4.5 ‐1.1 1.7 1,403 1,496 1,686 1,409 2,899 2,968 ‐2.3

      Electrical equipment............................ 3,088 3,131 3,083 ‐1.4 1.6 2.8 2,985 2,972 2,931 2,931 5,957 5,569 7.0

  Transportation equipment........................ 86,215 90,282 89,920 ‐4.5 0.4 3.2 80,134 77,903 98,131 81,561 158,037 147,809 6.9

      Motor vehicle bodies, parts,       

          and trailers..................................... 28,343 28,211 28,037 0.5 0.6 1.5 29,224 26,547 24,819 27,306 55,771 51,800 7.7

      Nondefense aircraft and parts................ 10,186 14,781 13,535 ‐31.1 9.2 35.7 6,397 10,677 24,166 10,707 17,074 17,353 ‐1.6

      Defense aircraft and parts.................... 4,652 4,502 4,437 3.3 1.5 ‐33.6 3,213 3,904 6,529 2,590 7,117 5,329 33.6

      Ships and boats.................................. 3,146 2,639 2,716 19.2 ‐2.8 ‐13.0 2,967 1,756 2,197 6,226 4,723 7,285 ‐35.2

  Furniture and related products................... 6,588 6,714 6,703 ‐1.9 0.2 4.4 6,619 6,372 5,827 6,517 12,991 12,638 2.8

  Nondurable goods industries..................... 246,975 245,460 245,691 0.6 ‐0.1 ‐1.1 227,815 233,591 237,131 225,866 461,406 459,293 0.5

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.      

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, February Full Report, April 8, 2019.  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 February

Feb. Jan. Dec. Jan. ‐ Dec. ‐ Nov. ‐ Feb. Jan. Dec. Feb. 2019/

2019p 2019r 2018 Feb. Jan. Dec. 2019p 2019r 2018 2018 2018

All manufacturing industries2...................... 1,177,603 1,181,219 1,180,503 ‐0.3 0.1 ‐0.1 1,180,209 1,182,497 1,179,634 1,142,373 3.3

      Excluding transportation2

...................... 370,305 370,314 369,791 0.0 0.1 0.2 370,936 367,525 363,057 356,054 4.2

      Excluding defense2............................. 980,204 983,792 981,833 ‐0.4 0.2 ‐0.1 983,637 984,204 979,319 963,765 2.1

  Durable goods industries2........................ 1,177,603 1,181,219 1,180,503 ‐0.3 0.1 ‐0.1 1,180,209 1,182,497 1,179,634 1,142,373 3.3

  Primary metals........................................ 31,819 31,712 31,591 0.3 0.4 0.8 32,239 31,386 31,103 29,394 9.7

      Iron and steel mills............................... 16,590 16,590 16,744 0.0 ‐0.9 1.0 16,718 16,158 16,269 15,688 6.6

      Aluminum and nonferrous metals............. 11,679 11,575 11,364 0.9 1.9 0.6 11,880 11,603 11,396 10,468 13.5

      Ferrous metal foundries........................ 3,550 3,547 3,483 0.1 1.8 0.3 3,641 3,625 3,438 3,238 12.4

  Fabricated metal products......................... 86,875 86,594 86,130 0.3 0.5 0.7 86,273 85,130 83,564 80,158 7.6

  Machinery.............................................. 105,349 105,572 105,593 ‐0.2 0.0 ‐0.3 106,148 105,512 103,800 104,697 1.4

      Construction machinery......................... 6,343 6,340 6,475 0.0 ‐2.1 ‐1.7 6,699 6,558 6,361 6,640 0.9

      Mining, oil field, and

          gas field machinery.......................... 4,185 4,185 4,247 0.0 ‐1.5 ‐2.5 4,257 4,120 4,206 4,647 ‐8.4

      Industrial machinery............................. 8,428 8,473 8,423 ‐0.5 0.6 ‐2.7 8,407 8,467 8,106 8,665 ‐3.0

      Photographic equipment........................ 1,367 1,464 1,516 ‐6.6 ‐3.4 1.4 1,433 1,571 1,590 1,829 ‐21.7

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment................ 8,077 7,998 7,388 1.0 8.3 0.4 8,152 7,963 7,109 6,482 25.8

      Metalworking machinery........................ 7,340 7,480 7,567 ‐1.9 ‐1.1 ‐1.3 7,435 7,415 7,338 8,383 ‐11.3

      Turbines, generators, and other        

          power transmission equipment............ 28,673 28,693 28,800 ‐0.1 ‐0.4 ‐1.1 28,623 28,661 28,753 29,777 ‐3.9

      Material handling equipment................... 13,107 13,152 13,208 ‐0.3 ‐0.4 0.9 13,164 13,082 13,069 11,735 12.2

  Computers and electronic products2............. 117,485 117,610 117,638 ‐0.1 0.0 0.3 117,727 117,425 117,043 113,456 3.8

      Computers......................................... 2,227 2,235 2,195 ‐0.4 1.8 0.2 2,227 2,235 2,195 1,906 16.8

      Nondefense communications

          equipment...................................... 24,689 24,914 25,036 ‐0.9 ‐0.5 ‐0.7 24,882 24,731 24,758 24,329 2.3

      Defense communications equipment........ 1,297 1,314 1,363 ‐1.3 ‐3.6 ‐3.2 1,265 1,269 1,335 1,433 ‐11.7

      Electronic components.......................... 12,955 12,964 12,938 ‐0.1 0.2 0.4 13,201 13,102 12,796 12,389 6.6

      Nondefense search and navigation

          equipment....................................... 20,159 20,131 20,022 0.1 0.5 1.2 20,087 20,014 19,861 19,158 4.8

      Defense search and navigation

          equipment....................................... 28,034 27,985 28,038 0.2 ‐0.2 1.6 27,947 27,939 28,066 26,665 4.8

      Electromedical, measuring,

          and control instruments...................... 28,124 28,067 28,046 0.2 0.1 ‐0.5 28,118 28,135 28,032 27,576 2.0

  Electrical equipment, appliances,        

    and components.................................... 19,342 19,383 19,484 ‐0.2 ‐0.5 ‐1.2 19,519 19,312 18,955 19,498 0.1

      Electric lighting equipment..................... 1,412 1,411 1,411 0.1 0.0 0.0 1,406 1,392 1,351 1,408 ‐0.1

      Household appliances........................... 1,165 1,159 1,274 0.5 ‐9.0 ‐6.1 1,067 1,186 1,215 1,225 ‐12.9

      Electrical equipment............................. 7,892 7,856 7,795 0.5 0.8 1.2 8,032 7,897 7,654 7,898 1.7

  Transportation equipment......................... 807,298 810,905 810,712 ‐0.4 0.0 ‐0.2 809,273 814,972 816,577 786,319 2.9

      Motor vehicle bodies, parts,       

          and trailers...................................... 27,599 27,365 27,050 0.9 1.2 0.0 28,439 27,457 27,192 27,189 4.6

      Nondefense aircraft and parts................ 592,021 595,631 594,212 ‐0.6 0.2 ‐0.2 593,802 598,600 598,188 590,375 0.6

      Defense aircraft and parts..................... 81,177 81,192 81,883 0.0 ‐0.8 ‐0.3 81,301 82,106 82,189 70,456 15.4

      Ships and boats.................................. 29,506 29,189 29,389 1.1 ‐0.7 ‐0.3 29,184 29,027 29,504 29,340 ‐0.5

  Furniture and related products................... 8,910 8,917 8,832 ‐0.1 1.0 0.2 8,505 8,234 8,069 8,250 3.1

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, February Full Report, April 8, 2019.  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 February

Feb. Jan. Dec. Jan. ‐ Dec. ‐ Nov. ‐ Feb. Jan. Dec. Feb. 2019/

2019p 2019r 2018 Feb. Jan. Dec. 2019p 2019r 2018 2018 2018

  All manufacturing industries...................... 687,785 685,778 682,052 0.3 0.5 0.1 691,838 684,455 666,065 667,814 3.6

      Excluding transportation........................ 553,733 553,051 550,697 0.1 0.4 0.1 556,453 551,839 538,299 537,472 3.5

      Excluding defense............................. 660,504 658,472 655,051 0.3 0.5 0.1 664,480 657,284 639,215 640,869 3.7

      With unfilled orders............................. 341,064 340,125 338,328 0.3 0.5 0.4 342,971 339,242 329,705 327,407 4.8

  Durable goods industries........................ 418,914 417,593 415,341 0.3 0.5 0.3 422,323 417,311 404,973 403,399 4.7

  Wood products........................................ 12,346 12,381 12,454 ‐0.3 ‐0.6 0.2 12,789 12,736 12,423 12,455 2.7

  Nonmetallic mineral products..................... 14,919 14,903 14,952 0.1 ‐0.3 0.6 15,165 14,939 14,681 14,233 6.5

  Primary metals......................................... 36,545 36,676 36,556 ‐0.4 0.3 0.8 36,593 36,790 36,359 33,767 8.4

      Iron and steel mills............................... 20,865 21,031 21,013 ‐0.8 0.1 1.4 20,931 21,212 21,040 19,060 9.8

      Aluminum and nonferrous metals............ 13,592 13,558 13,457 0.3 0.8 ‐0.1 13,508 13,460 13,291 12,687 6.5

      Ferrous metal foundries........................ 2,088 2,087 2,086 0.0 0.0 ‐0.1 2,154 2,118 2,028 2,020 6.6

  Fabricated metal products......................... 54,780 54,769 54,657 0.0 0.2 0.2 54,916 54,787 53,795 51,421 6.8

  Machinery.............................................. 70,804 70,910 70,529 ‐0.1 0.5 0.6 71,428 70,707 68,188 67,913 5.2

      Farm machinery.................................. 3,918 3,889 3,793 0.7 2.5 0.8 4,227 4,045 3,911 3,883 8.9

      Construction machinery......................... 5,760 5,797 5,723 ‐0.6 1.3 2.4 5,836 5,804 5,558 5,566 4.9

      Mining, oil field,   

          and gas field machinery.................... 5,493 5,450 5,431 0.8 0.3 ‐1.1 5,528 5,460 5,300 5,402 2.3

      Industrial machinery............................. 8,370 8,298 8,322 0.9 ‐0.3 0.9 8,415 8,086 8,155 8,270 1.8

      Photographic equipment....................... 1,712 1,722 1,722 ‐0.6 0.0 1.6 1,736 1,738 1,661 1,676 3.6

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 5,397 5,377 5,282 0.4 1.8 1.9 5,538 5,253 4,777 4,998 10.8

      Metalworking machinery........................ 6,014 5,977 5,995 0.6 ‐0.3 0.0 6,002 5,922 5,884 5,841 2.8

      Turbines, generators, and other

          power transmission equipment............ 9,664 10,042 9,961 ‐3.8 0.8 0.6 9,697 10,008 9,308 9,610 0.9

      Material handling equipment.................. 5,865 5,848 5,865 0.3 ‐0.3 ‐1.5 5,738 5,700 5,465 5,467 5.0

  Computers and electronic products2

............ 43,355 43,298 43,305 0.1 0.0 0.0 43,737 42,868 41,733 43,694 0.1

      Computers......................................... 1,545 1,507 1,507 2.5 0.0 2.0 1,626 1,508 1,401 1,615 0.7

      Computer storage devices.................... 1,089 1,051 1,093 3.6 ‐3.8 1.1 1,156 1,018 1,036 1,114 3.8

      Other peripheral equipment................... 1,185 1,145 1,172 3.5 ‐2.3 ‐0.5 1,197 1,134 1,097 1,112 7.6

      Nondefense communications

          equipment...................................... 4,866 4,806 4,745 1.2 1.3 ‐0.7 4,980 4,715 4,498 4,751 4.8

      Defense communications equipment........ 696 670 642 3.9 4.4 ‐1.1 696 670 642 660 5.5

      Audio and video equipment.................... 627 625 614 0.3 1.8 6.4 622 628 592 549 13.3

      Electronic components.......................... 7,249 7,206 7,183 0.6 0.3 0.1 7,315 7,262 6,956 7,440 ‐1.7

      Nondefense search and navigation

          equipment...................................... 2,659 2,641 2,625 0.7 0.6 1.1 2,646 2,640 2,557 2,553 3.6

      Defense search and navigation

          equipment....................................... 2,524 2,568 2,593 ‐1.7 ‐1.0 ‐0.4 2,544 2,569 2,488 2,639 ‐3.6

      Electromedical, measuring        

          and control instruments...................... 15,548 15,593 15,599 ‐0.3 0.0 1.3 15,460 15,314 15,091 15,143 2.1

  Electrical equipment, appliances,        

    and components.................................... 20,027 19,846 19,678 0.9 0.9 1.1 20,241 19,809 18,803 18,408 10.0

      Electric lighting equipment..................... 2,274 2,263 2,261 0.5 0.1 0.5 2,278 2,294 2,166 2,200 3.5

      Household appliances........................... 2,855 2,824 2,808 1.1 0.6 ‐0.2 2,930 2,794 2,528 2,876 1.9

      Electrical equipment............................. 5,692 5,631 5,571 1.1 1.1 1.9 5,830 5,696 5,351 5,133 13.6

      Batteries............................................ 1,876 1,852 1,823 1.3 1.6 2.4 1,821 1,761 1,685 1,792 1.6

  Transportation equipment......................... 134,052 132,727 131,355 1.0 1.0 ‐0.1 135,385 132,616 127,766 130,342 3.9

      Automobiles....................................... 4,553 4,353 4,106 4.6 6.0 ‐3.1 4,711 4,387 3,910 4,082 15.4

      Light trucks and utility vehicles.............. 4,874 4,725 4,504 3.2 4.9 ‐2.0 4,926 4,835 4,040 4,447 10.8

      Heavy duty trucks ............................... 2,233 2,207 2,249 1.2 ‐1.9 ‐0.8 2,274 2,215 2,090 1,990 14.3

      Motor vehicle bodies, parts,       

          and trailers...................................... 26,317 26,185 26,070 0.5 0.4 0.7 26,537 26,487 25,704 25,459 4.2

      Nondefense aircraft and parts................ 67,864 67,013 66,499 1.3 0.8 0.2 68,685 66,613 64,333 66,847 2.7

      Defense aircraft and parts..................... 13,318 13,321 12,919 0.0 3.1 ‐2.4 13,358 13,278 12,814 12,906 3.5

      Ships and boats.................................. 2,963 3,006 3,001 ‐1.4 0.2 2.7 2,970 2,977 2,998 2,978 ‐0.3

  Furniture and related products.................... 8,029 8,091 8,031 ‐0.8 0.7 0.8 7,964 8,117 7,796 7,880 1.1

  Miscellaneous durable goods..................... 24,057 23,992 23,824 0.3 0.7 0.8 24,105 23,942 23,429 23,286 3.5

  Nondurable goods industries...................... 268,871 268,185 266,711 0.3 0.6 ‐0.4 269,515 267,144 261,092 264,415 1.9

  Food products........................................ 54,009 53,939 53,745 0.1 0.4 0.6 53,807 53,569 53,313 54,519 ‐1.3

      Grain and oilseed milling........................ 5,134 5,126 4,993 0.2 2.7 0.2 5,313 5,248 5,155 5,568 ‐4.6

      Dairy products.................................... 7,614 7,599 7,666 0.2 ‐0.9 0.6 7,558 7,398 7,227 7,448 1.5

      Meat, poultry, and seafood products....... 9,314 9,285 9,241 0.3 0.5 2.2 9,300 9,059 8,937 9,415 ‐1.2

  Beverage and tobacco products................ 24,813 24,699 24,835 0.5 ‐0.5 1.0 25,248 25,132 24,977 24,923 1.3

      Beverages......................................... 20,292 20,177 20,281 0.6 ‐0.5 1.1 20,511 20,371 20,210 19,974 2.7

      Tobacco............................................ 4,521 4,522 4,554 0.0 ‐0.7 0.5 4,737 4,761 4,767 4,949 ‐4.3

  Textile mills............................................ 3,460 3,490 3,473 ‐0.9 0.5 2.8 3,470 3,506 3,429 3,191 8.7

  Textile products...................................... 3,586 3,579 3,560 0.2 0.5 0.7 3,628 3,607 3,483 3,444 5.3

  Apparel................................................. 1,930 1,933 1,941 ‐0.2 ‐0.4 ‐1.0 1,932 1,938 1,820 1,908 1.3

  Leather and allied products....................... 801 814 832 ‐1.6 ‐2.2 1.7 784 815 815 755 3.8

  Paper products....................................... 16,309 16,316 16,242 0.0 0.5 1.1 16,452 16,411 16,157 15,981 2.9

      Pulp, paper, and paperboard mills........... 6,760 6,752 6,659 0.1 1.4 0.9 6,863 6,789 6,675 6,607 3.9

      Paperboard containers......................... 5,049 5,048 5,050 0.0 0.0 1.3 5,099 5,082 5,057 5,015 1.7

  Printing.................................................. 5,614 5,667 5,639 ‐0.9 0.5 1.3 5,584 5,560 5,491 5,388 3.6

  Petroleum and coal products..................... 40,236 39,320 37,930 2.3 3.7 ‐4.5 39,432 37,944 36,399 40,034 ‐1.5

      Petroleum refineries............................. 34,173 33,374 32,075 2.4 4.0 ‐5.2 33,272 31,951 30,606 34,943 ‐4.8

  Chemical products..................................... 90,922 91,179 91,185 ‐0.3 0.0 ‐0.2 91,587 91,374 88,571 87,957 4.1

      Pesticides, fertilizers, and other

          agricultural chemicals........................ 4,800 4,746 4,658 1.1 1.9 1.9 5,316 5,182 4,758 4,938 7.7

      Pharmaceuticals and medicines.............. 37,058 37,164 37,277 ‐0.3 ‐0.3 ‐0.9 36,964 36,947 35,797 35,309 4.7

      Paints, coatings, and adhesives.............. 3,944 3,966 3,969 ‐0.6 ‐0.1 0.4 4,025 3,986 3,813 3,921 2.7

  Plastics and rubber products..................... 27,191 27,249 27,329 ‐0.2 ‐0.3 0.3 27,591 27,288 26,637 26,315 4.8

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, February Full Report, April 8, 2019.  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

Feb. Jan. Dec. Jan. ‐ Dec. ‐ Nov. ‐ Feb. Jan. Dec. Feb. 2019/

2019p 2019r 2018 Feb. Jan. Dec. 2019p 2019r 2018 2018 2019p 2018 2018

SHIPMENTS

  All manufacturing industries......................... 505,471 503,490 504,890 0.4 ‐0.3 ‐0.2 469,381 466,970 490,076 455,059 936,351 908,836 3.0

    Construction materials and supplies....... 52,496 52,210 52,000 0.5 0.4 0.9 46,511 46,157 45,132 44,565 92,668 88,988 4.1

    Information technology......................... 25,431 25,396 25,395 0.1 0.0 0.4 22,465 21,567 29,173 20,843 44,032 40,954 7.5

    Computers and related products........... 1,822 1,784 1,764 2.1 1.1 ‐5.3 1,334 1,407 2,337 1,275 2,741 2,744 ‐0.1

    Motor vehicle and parts......................... 61,583 61,527 62,170 0.1 ‐1.0 2.1 61,290 56,896 55,076 56,744 118,186 108,682 8.7

    Capital goods......................................      91,170 91,417 92,202 ‐0.3 ‐0.9 0.7 82,799 78,685 101,306 78,801 161,484 153,086 5.5

      Nondefense capital goods3

.................. 78,905 78,471 79,634 0.6 ‐1.5 0.1 71,054 68,046 87,373 68,309 139,100 133,329 4.3

        Excluding aircraft............................. 69,525 69,591 68,928 ‐0.1 1.0 0.1 64,031 62,095 72,883 61,921 126,126 121,375 3.9

      Defense capital goods4

........................ 12,265 12,946 12,568 ‐5.3 3.0 4.8 11,745 10,639 13,933 10,492 22,384 19,757 13.3

    Consumer goods.................................. 209,570 208,080 209,168 0.7 ‐0.5 ‐0.9 195,552 197,022 204,120 192,825 392,574 388,293 1.1

      Consumer durable goods..................... 44,118 44,251 45,060 ‐0.3 ‐1.8 2.2 43,418 40,196 42,394 40,990 83,614 78,010 7.2

      Consumer nondurable goods................ 165,452 163,829 164,108 1.0 ‐0.2 ‐1.7 152,134 156,826 161,726 151,835 308,960 310,283 ‐0.4

  All manufacturing industries5

...................... 497,474 500,122 500,140 ‐0.5 0.0 0.1 463,051 465,038 494,142 458,838 928,089 906,451 2.4

    Construction materials and supplies....... 52,720 52,823 52,496 ‐0.2 0.6 1.0 47,413 47,374 44,888 45,865 94,787 91,287 3.8

    Information technology......................... 25,134 25,243 25,505 ‐0.4 ‐1.0 ‐0.4 22,707 21,726 29,886 21,414 44,433 41,671 6.6

    Computers and related products........... 1,814 1,824 1,768 ‐0.5 3.2 ‐8.0 1,326 1,447 2,341 1,296 2,773 2,772 0.0

    Motor vehicle and parts......................... 61,817 61,842 62,179 0.0 ‐0.5 2.1 62,272 57,161 55,999 57,591 119,433 109,364 9.2

    Capital goods......................................      86,726 92,114 91,203 ‐5.8 1.0 2.2 77,287 79,971 107,454 83,151 157,258 154,142 2.0

      Nondefense capital goods3

.................. 74,576 79,541 78,396 ‐6.2 1.5 4.5 67,310 69,988 90,465 71,269 137,298 135,618 1.2

        Excluding aircraft............................. 68,901 68,959 68,335 ‐0.1 0.9 ‐0.8 65,285 63,635 70,839 64,066 128,920 125,564 2.7

      Defense capital goods4

........................ 12,150 12,573 12,807 ‐3.4 ‐1.8 ‐10.2 9,977 9,983 16,989 11,882 19,960 18,524 7.8

    Consumer goods.................................. 209,531 207,962 209,017 0.8 ‐0.5 ‐0.9 195,514 197,140 203,729 192,795 392,654 388,625 1.0

      Consumer durable goods..................... 44,079 44,133 44,909 ‐0.1 ‐1.7 2.1 43,380 40,314 42,003 40,960 83,694 78,342 6.8

      Consumer nondurable goods.............. 165,452 163,829 164,108 1.0 ‐0.2 ‐1.7 152,134 156,826 161,726 151,835 308,960 310,283 ‐0.4

  All manufacturing industries5

...................... 1,177,603 1,181,219 1,180,503 ‐0.3 0.1 ‐0.1 1,180,209 1,182,497 1,179,634 1,142,373 (X) (X) 3.3

    Construction materials and supplies....... 60,613 60,389 59,776 0.4 1.0 0.8 59,924 59,022 57,805 54,870 (X) (X) 9.2

    Information technology......................... 114,770 115,067 115,220 ‐0.3 ‐0.1 0.1 114,973 114,731 114,572 111,863 (X) (X) 2.8

    Computers and related products........... 2,227 2,235 2,195 ‐0.4 1.8 0.2 2,227 2,235 2,195 1,906 (X) (X) 16.8

    Motor vehicle and parts......................... 27,599 27,365 27,050 0.9 1.2 0.0 28,439 27,457 27,192 27,189 (X) (X) 4.6

    Capital goods......................................      861,820 866,264 865,567 ‐0.5 0.1 ‐0.1 862,971 868,483 867,197 850,149 (X) (X) 1.5

      Nondefense capital goods3

.................. 705,804 710,133 709,063 ‐0.6 0.2 ‐0.2 707,618 711,362 709,420 705,101 (X) (X) 0.4

        Excluding aircraft............................. 221,447 222,071 222,703 ‐0.3 ‐0.3 ‐0.3 222,139 220,885 219,345 218,679 (X) (X) 1.6

      Defense capital goods4........................ 156,016 156,131 156,504 ‐0.1 ‐0.2 0.2 155,353 157,121 157,777 145,048 (X) (X) 7.1

    Consumer goods.................................. 4,544 4,583 4,701 ‐0.9 ‐2.5 ‐3.1 4,566 4,604 4,486 5,143 (X) (X) ‐11.2

      Consumer durable goods..................... 4,544 4,583 4,701 ‐0.9 ‐2.5 ‐3.1 4,566 4,604 4,486 5,143 (X) (X) ‐11.2

  All manufacturing industries....................... 687,785 685,778 682,052 0.3 0.5 0.1 691,838 684,455 666,065 667,814 (X) (X) 3.6

    Construction materials and supplies....... 74,343 74,317 74,240 0.0 0.1 0.5 75,319 74,633 72,636 70,571 (X) (X) 6.7

    Information technology......................... 40,028 39,849 39,769 0.4 0.2 0.9 40,292 39,442 38,382 38,466 (X) (X) 4.7

    Computers and related products........... 3,819 3,703 3,772 3.1 ‐1.8 0.9 3,979 3,660 3,534 3,841 (X) (X) 3.6

    Motor vehicle and parts......................... 37,977 37,470 36,929 1.4 1.5 ‐0.2 38,448 37,924 35,744 35,978 (X) (X) 6.9

    Capital goods......................................      206,457 206,027 204,647 0.2 0.7 0.4 207,707 204,597 198,326 199,770 (X) (X) 4.0

      Nondefense capital goods3

.................. 183,519 183,082 181,993 0.2 0.6 0.5 184,732 181,744 175,718 177,195 (X) (X) 4.3

        Excluding aircraft............................. 128,042 128,035 127,432 0.0 0.5 0.7 128,707 127,120 123,310 122,526 (X) (X) 5.0

      Defense capital goods4

........................ 22,938 22,945 22,654 0.0 1.3 ‐1.1 22,975 22,853 22,608 22,575 (X) (X) 1.8

    Consumer goods.................................. 202,173 200,844 199,054 0.7 0.9 ‐0.8 201,958 199,897 194,382 199,518 (X) (X) 1.2

      Consumer durable goods..................... 31,406 30,943 30,486 1.5 1.5 ‐0.4 31,856 31,442 29,290 30,136 (X) (X) 5.7

      Consumer nondurable goods................ 170,767 169,901 168,568 0.5 0.8 ‐0.8 170,102 168,455 165,092 169,382 (X) (X) 0.4

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, February Full Report, April 8, 2019.  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 February

Feb. Jan. Dec. Jan. ‐ Dec. ‐ Nov. ‐ Feb. Jan. Dec. Feb. 2019/

2019p 2019r 2018 Feb. Jan. Dec. 2019p 2019r 2018 2018 2018

MATERIALS AND SUPPLIES

  All manufacturing industries....................... 238,767 238,838 237,606 0.0 0.5 0.1 239,005 239,421 235,121 225,611 5.9

    Durable goods industries.......................... 146,236 146,459 145,768 ‐0.2 0.5 0.4 146,189 146,975 144,340 135,399 8.0

      Wood products................................... 5,168 5,206 5,234 ‐0.7 ‐0.5 0.6 5,358 5,473 5,385 5,139 4.3

      Nonmetallic mineral products................. 6,167 6,052 6,017 1.9 0.6 0.6 6,165 6,040 5,979 5,742 7.4

      Primary metals.................................... 13,550 13,390 13,234 1.2 1.2 1.0 13,457 13,520 13,368 12,401 8.5

      Fabricated metal products..........................       20,610 20,672 20,812 ‐0.3 ‐0.7 0.1 20,463 20,741 20,795 18,774 9.0

      Machinery.......................................... 29,156 29,120 28,861 0.1 0.9 1.3 29,087 29,065 28,175 25,960 12.0

      Computers and electronic products........ 18,946 19,029 19,003 ‐0.4 0.1 ‐0.9 18,960 18,974 18,605 18,143 4.5

      Electrical equipment, appliances,

         and components............................... 8,475 8,451 8,370 0.3 1.0 0.9 8,492 8,439 8,192 7,461 13.8

      Transportation equipment..................... 32,291 32,533 32,318 ‐0.7 0.7 0.0 32,403 32,672 32,045 30,292 7.0

      Furniture and related products............... 3,929 4,015 3,936 ‐2.1 2.0 0.4 3,914 4,047 3,897 3,813 2.6

      Miscellaneous products......................... 7,944 7,991 7,983 ‐0.6 0.1 0.3 7,890 8,004 7,899 7,674 2.8

   Nondurable goods industries...................... 92,531 92,379 91,838 0.2 0.6 ‐0.3 92,816 92,446 90,781 90,212 2.9

      Food  products.................................... 17,883 17,742 17,569 0.8 1.0 0.5 17,723 17,863 17,721 17,651 0.4

      Beverage and tobacco products........................ 6,015 6,013 5,987 0.0 0.4 0.1 6,187 6,188 6,092 6,095 1.5

      Textiles.............................................. 1,192 1,190 1,198 0.2 ‐0.7 0.9 1,191 1,190 1,191 1,084 9.9

      Textile products................................... 1,365 1,359 1,335 0.4 1.8 0.7 1,371 1,359 1,326 1,310 4.7

      Apparel............................................. 516 521 517 ‐1.0 0.8 0.0 516 524 501 493 4.7

      Leather and allied products.................... 279 280 281 ‐0.4 ‐0.4 0.7 273 279 283 238 14.7

      Paper products.................................... 8,242 8,197 8,211 0.5 ‐0.2 1.6 8,289 8,277 8,222 8,062 2.8

      Printing ............................................. 2,844 2,894 2,904 ‐1.7 ‐0.3 0.6 2,826 2,859 2,852 2,749 2.8

      Petroleum and coal products................. 11,166 11,071 11,104 0.9 ‐0.3 ‐4.4 10,990 10,569 10,489 11,710 ‐6.1

      Chemical products................................ 31,594 31,688 31,262 ‐0.3 1.4 0.1 31,950 31,829 30,830 29,879 6.9

      Plastics and rubber products.................. 11,435 11,424 11,470 0.1 ‐0.4 ‐0.5 11,500 11,509 11,274 10,941 5.1

WORK IN PROCESS

  All manufacturing industries....................... 210,397 208,533 207,221 0.9 0.6 ‐0.1 211,884 207,304 201,529 206,354 2.7

    Durable goods industries.......................... 154,483 152,887 152,010 1.0 0.6 0.0 155,903 151,918 147,093 152,388 2.3

      Wood products................................... 2,211 2,196 2,229 0.7 ‐1.5 ‐1.4 2,270 2,221 2,179 2,233 1.7

      Nonmetallic mineral products................. 1,574 1,586 1,590 ‐0.8 ‐0.3 ‐0.3 1,626 1,596 1,519 1,595 1.9

      Primary metals.................................... 10,567 10,658 10,765 ‐0.9 ‐1.0 ‐0.2 10,529 10,544 10,390 9,692 8.6

      Fabricated metal products..........................       14,192 14,132 14,004 0.4 0.9 0.9 14,185 14,043 13,677 13,533 4.8

      Machinery.......................................... 18,369 18,386 18,308 ‐0.1 0.4 0.6 18,497 18,112 17,307 18,832 ‐1.8

      Computers and electronic products........ 12,510 12,367 12,406 1.2 ‐0.3 ‐0.9 12,683 12,118 11,757 13,434 ‐5.6

      Electrical equipment, appliances,

         and components............................... 4,229 4,178 4,208 1.2 ‐0.7 1.1 4,293 4,174 3,999 3,887 10.4

      Transportation equipment..................... 85,581 84,169 83,316 1.7 1.0 ‐0.2 86,553 83,901 81,214 84,121 2.9

      Furniture and related products............... 1,381 1,362 1,358 1.4 0.3 ‐0.4 1,375 1,373 1,344 1,410 ‐2.5

      Miscellaneous products......................... 3,869 3,853 3,826 0.4 0.7 0.3 3,892 3,836 3,707 3,651 6.6

   Nondurable goods industries...................... 55,914 55,646 55,211 0.5 0.8 ‐0.3 55,981 55,386 54,436 53,966 3.7

      Food  products.................................... 6,022 6,007 5,838 0.2 2.9 ‐0.9 6,239 6,287 6,365 6,633 ‐5.9

      Beverage and tobacco products........................ 9,645 9,531 9,513 1.2 0.2 0.8 9,885 9,865 9,900 9,425 4.9

      Textiles.............................................. 737 745 733 ‐1.1 1.6 1.2 738 742 713 712 3.7

      Textile products................................... 435 430 435 1.2 ‐1.1 2.6 441 432 415 414 6.5

      Apparel............................................. 344 339 340 1.5 ‐0.3 0.6 345 329 309 319 8.2

      Leather and allied products.................... 77 78 80 ‐1.3 ‐2.5 1.3 78 80 78 75 4.0

      Paper products.................................... 1,357 1,354 1,336 0.2 1.3 2.4 1,349 1,349 1,310 1,231 9.6

      Printing ............................................. 1,216 1,209 1,194 0.6 1.3 1.9 1,215 1,171 1,140 1,092 11.3

      Petroleum and coal products................. 12,762 12,592 11,653 1.4 8.1 ‐3.6 12,582 11,858 10,783 12,322 2.1

      Chemical products................................ 20,110 20,149 20,867 ‐0.2 ‐3.4 0.9 19,853 20,071 20,305 18,675 6.3

      Plastics and rubber products.................. 3,209 3,212 3,222 ‐0.1 ‐0.3 ‐0.2 3,256 3,202 3,118 3,068 6.1

FINISHED GOODS

  All manufacturing industries....................... 238,621 238,407 237,225 0.1 0.5 0.1 240,949 237,730 229,415 235,849 2.2

    Durable goods industries.......................... 118,195 118,247 117,563 0.0 0.6 0.7 120,231 118,418 113,540 115,612 4.0

      Wood products................................... 4,967 4,979 4,991 ‐0.2 ‐0.2 0.5 5,161 5,042 4,859 5,083 1.5

      Nonmetallic mineral products................. 7,178 7,265 7,345 ‐1.2 ‐1.1 0.7 7,374 7,303 7,183 6,896 6.9

      Primary metals.................................... 12,428 12,628 12,557 ‐1.6 0.6 1.4 12,607 12,726 12,601 11,674 8.0

      Fabricated metal products..........................       19,978 19,965 19,841 0.1 0.6 ‐0.3 20,268 20,003 19,323 19,114 6.0

      Machinery.......................................... 23,279 23,404 23,360 ‐0.5 0.2 ‐0.2 23,844 23,530 22,706 23,121 3.1

      Computers and electronic products........ 11,899 11,902 11,896 0.0 0.1 2.5 12,094 11,776 11,371 12,117 ‐0.2

      Electrical equipment, appliances,

         and components............................... 7,323 7,217 7,100 1.5 1.6 1.4 7,456 7,196 6,612 7,060 5.6

      Transportation equipment..................... 16,180 16,025 15,721 1.0 1.9 0.4 16,429 16,043 14,507 15,929 3.1

      Furniture and related products............... 2,719 2,714 2,737 0.2 ‐0.8 2.0 2,675 2,697 2,555 2,657 0.7

      Miscellaneous products......................... 12,244 12,148 12,015 0.8 1.1 1.2 12,323 12,102 11,823 11,961 3.0

   Nondurable goods industries...................... 120,426 120,160 119,662 0.2 0.4 ‐0.4 120,718 119,312 115,875 120,237 0.4

      Food  products.................................... 30,104 30,190 30,338 ‐0.3 ‐0.5 1.0 29,845 29,419 29,227 30,235 ‐1.3

      Beverage and tobacco products........................ 9,153 9,155 9,335 0.0 ‐1.9 1.8 9,176 9,079 8,985 9,403 ‐2.4

      Textiles.............................................. 1,531 1,555 1,542 ‐1.5 0.8 5.2 1,541 1,574 1,525 1,395 10.5

      Textile products................................... 1,786 1,790 1,790 ‐0.2 0.0 0.3 1,816 1,816 1,742 1,720 5.6

      Apparel............................................. 1,070 1,073 1,084 ‐0.3 ‐1.0 ‐1.9 1,071 1,085 1,010 1,096 ‐2.3

      Leather and allied products.................... 445 456 471 ‐2.4 ‐3.2 2.4 433 456 454 442 ‐2.0

      Paper products.................................... 6,710 6,765 6,695 ‐0.8 1.0 0.2 6,814 6,785 6,625 6,688 1.9

      Printing ............................................. 1,554 1,564 1,541 ‐0.6 1.5 2.1 1,543 1,530 1,499 1,547 ‐0.3

      Petroleum and coal products................. 16,308 15,657 15,173 4.2 3.2 ‐5.3 15,860 15,517 15,127 16,002 ‐0.9

      Chemical products................................ 39,218 39,342 39,056 ‐0.3 0.7 ‐1.0 39,784 39,474 37,436 39,403 1.0

      Plastics and rubber products.................. 12,547 12,613 12,637 ‐0.5 ‐0.2 1.2 12,835 12,577 12,245 12,306 4.3

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, February Full Report, April 8, 2019.  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 Feb Jan Dec Nov Feb Jan Dec Nov

2019p 2019r 2018 2018 2019p 2019r 2018 2018

All manufacturing industries3.................................... 1.36 1.36 1.35 1.35 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.62 1.62 1.60 1.61 6.54 6.57 6.55 6.58

  Wood products........................................................... 1.36 1.36 1.37 1.37 (X) (X) (X) (X)

  Nonmetallic mineral products............................. 1.33 1.34 1.35 1.36 (X) (X) (X) (X)

  Primary metals............................................................ 1.71 1.73 1.70 1.66 1.49 1.49 1.47 1.43

  Fabricated metal products...................................... 1.61 1.62 1.62 1.63 2.63 2.63 2.62 2.63

  Machinery..................................................................... 2.12 2.13 2.14 2.13 3.50 3.53 3.59 3.59

  Computers and electronic products3

................... 1.55 1.56 1.56 1.56 5.40 5.38 5.35 5.37

  Electrical equipment, appliances,

      and components.................................................... 1.74 1.73 1.72 1.71 1.82 1.82 1.85 1.88

  Transportation equipment..................................... 1.49 1.47 1.44 1.46 14.33 14.36 14.18 14.35

  Furniture and related products............................ 1.22 1.22 1.20 1.22 1.51 1.50 1.49 1.52

  Miscellaneous products.......................................... 1.77 1.77 1.75 1.73 (X) (X) (X) (X)

Nondurable goods industries................................... 1.09 1.09 1.09 1.08 (X) (X) (X) (X)

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

  Beverage and tobacco products........................... 2.02 1.96 1.98 1.94 (X) (X) (X) (X)

  Textiles.......................................................................... 1.38 1.40 1.39 1.35 (X) (X) (X) (X)

  Textile products......................................................... 1.55 1.53 1.49 1.49 (X) (X) (X) (X)

  Apparel........................................................................ 2.02 1.99 1.97 2.00 (X) (X) (X) (X)

  Leather and allied products................................ 1.82 1.88 1.97 1.98 (X) (X) (X) (X)

  Paper products.......................................................... 1.01 1.01 1.01 1.00 (X) (X) (X) (X)

  Printing........................................................................ 0.84 0.85 0.85 0.83 (X) (X) (X) (X)

  Petroleum and coal products............................... 0.78 0.78 0.75 0.75 (X) (X) (X) (X)

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

  Plastics and rubber products................................ 1.36 1.37 1.38 1.38 (X) (X) (X) (X)

Feb3 Feb3 Feb3 Feb3

Industry 2018‐ 2018‐ 2018‐ 2018‐

Feb2 Jan Feb2 Jan Feb2 Jan Feb2 Jan

2019 2019 2019 2019 2019 2019 2019 2019

          

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

Durable goods industries....................... 0.0 0.2 0.0 0.4 0.0 0.1 0.0 0.1

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

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

  Primary metals............................................. 0.0 0.3 ‐0.1 0.8 ‐0.1 0.3 0.0 0.3

  Fabricated metal products.................... 0.0 0.3 ‐0.2 0.6 ‐0.1 0.2 0.0 0.2

  Machinery...................................................... 0.0 0.3 ‐0.3 0.8 0.0 0.2 0.0 0.1

  Computers and electronic products..... ‐0.1 0.3 ‐0.2 0.6 0.0 0.1 ‐0.2 0.2

  Electrical equipment, appliances,

      and components..................................... ‐0.3 0.4 0.0 0.6 0.0 0.2 0.1 0.3

  Transportation equipment.................... 0.0 0.3 0.3 0.8 0.1 0.1 0.0 0.1

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

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

  Beverage and tobacco products............ (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

  Textiles.......................................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

  Textile products......................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.1

  Apparel......................................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.6

  Leather and allied products.................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.5

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

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

  Petroleum and coal products............... (X) 0.4 (X) (NA) (X) (NA) (X) 0.5

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

  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, February Full Report, April 8, 2019. 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, February Full Report, April 8, 2019. 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