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FOR RELEASE AT 8:30 AM EDT, MONDAY, JUNE 27, 2022 

MONTHLY ADVANCE REPORT ON DURABLE GOODS MANUFACTURERS’ SHIPMENTS, 

INVENTORIES AND ORDERS MAY 2022 

Release Number: CB 22-101 M3-1 (22)-05 

June 27, 2022 — The U.S. Census Bureau announces the May advance report on durable goods 

manufacturers’ shipments, inventories and orders: 

New Orders 

New orders for manufactured durable goods in May increased $1.9 billion or 0.7 percent to $267.2 billion, 

the U.S. Census Bureau announced today. This increase, up seven of the last eight months, followed a 0.4 

percent April increase. Excluding transportation, new orders increased 0.7 percent. Excluding defense, 

new orders increased 0.6 percent. Transportation equipment, up two consecutive months, led the 

increase, $0.7 billion or 0.8 percent to $87.6 billion. 

Shipments

Shipments of manufactured durable goods in May, up twelve of the last thirteen months, increased $3.6 

billion or 1.3 percent to $268.4 billion. This followed a 0.3 percent April increase. Transportation 

equipment, up seven of the last eight months, led the increase, $1.7 billion or 2.1 percent to $84.7 billion. 

DURABLE GOODS – NEW ORDERS 

MAY 2022 $267.2 billion +0.7%° 

APRIL 2022 

(revised) $265.3 billion +0.4%° 

Next release: July 27, 2022 

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, June 27, 

2022. -4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22

DURABLE GOODS NEW ORDERS 2021-2022

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, June 27, 2022.
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Unfilled Orders 

Unfilled orders for manufactured durable goods in May, up twenty-one consecutive months, increased 

$3.7 billion or 0.3 percent to $1,109.8 billion. This followed a 0.5 percent April increase. Transportation 

equipment, up fifteen of the last sixteen months, led the increase, $2.9 billion or 0.5 percent to $639.8 

billion. 

Inventories 

Inventories of manufactured durable goods in May, up sixteen consecutive months, increased $2.7 billion 

or 0.6 percent to $482.7 billion. This followed a 0.9 percent April increase. Machinery, up nineteen 

consecutive months, led the increase, $1.0 billion or 1.2 percent to $82.3 billion. 

Capital Goods 

Nondefense new orders for capital goods in May increased $0.4 billion or 0.5 percent to $83.7 billion. 

Shipments increased $1.3 billion or 1.6 percent to $79.8 billion. Unfilled orders increased $3.9 billion or 

0.6 percent to $623.8 billion. Inventories increased $0.6 billion or 0.3 percent to $210.7 billion. Defense 

new orders for capital goods in May increased $0.3 billion or 2.6 percent to $13.7 billion. Shipments 

increased $0.3 billion or 2.5 percent to $14.0 billion. Unfilled orders decreased $0.2 billion or 0.1 percent 

to $185.6 billion. Inventories increased $0.1 billion or 0.3 percent to $22.3 billion. 

Revised April Data

Revised seasonally adjusted April figures for all manufacturing industries were: new orders, $534.8 billion 

(revised from $533.2 billion); shipments, $534.3 billion (revised from $532.1 billion); unfilled orders, 

$1,106.1 billion (revised from $1,106.8 billion) and total inventories, $787.9 billion (revised from $786.1 

billion). 

Revised and more detailed estimates, plus nondurable goods data, will be published on July 5, 2022, at 

10:00 a.m. EDT. The Advance Report on durable goods for June is scheduled for release on July 27, 2022, 

at 8:30 a.m. EDT. View the full schedule in the Economic Briefing Room: <www.census.gov/economicindicators/>. The full text and tables of this release can be found at <www.census.gov/m3>. 
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EXPLANATORY NOTES 

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

exclude data for semiconductor manufacturing. 

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

decrease. 

Description of the survey 

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

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

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

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

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

5,000 reporting units that represent approximately 3,100 companies and provide an indication of monthto-month change for the Manufacturing Sector. These reporting units may be divisions of diversified large 

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

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

assumes that the month-to-month changes of the total operations of the reporting units in the M3 panel 

effectively represent the month-to-month movements of all establishments that make up the category. 

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

approximately 60 percent of the total value of shipments for manufacturing establishments in the 2017 

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

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

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

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

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

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

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

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 
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survey documentation can be found on our web site: 

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

Special Notice - New Advance Estimates Of Total Manufacturing

Beginning with September 2021 data on October 27, 2021, advance estimates of total manufacturing, 

including M3 durable and nondurable industries, for shipments and inventories, are available at the same 

time as the Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders. 

Monthly advance total manufacturing estimates are available on a seasonally adjusted basis as well as a 

not seasonally adjusted basis on the M3 website under the “Advance Report Highlights”. 

Benchmark notice 

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

issued on May 13, 2022. These revisions result from 

• Benchmarking the M3 shipments and inventories data to the 2020 and 2019 Annual Survey of 

Manufactures (ASM) data; 

• Incorporating the unfilled orders-to-shipments ratios obtained for 2020, 2019, and 2018 from the 

Manufacturers’ Unfilled Orders (M3UFO) Survey; 

• Adjusting the new orders data to be consistent with the benchmarked shipments and unfilled 

orders data; 

• Correcting monthly data for late receipts, reclassifications of reported data, and revisions to 

previously reported data; 

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

review of the seasonal adjustment models. 

These revisions spanned the seasonally adjusted data for January 2012 through March 2022 and the data 

not seasonally adjusted for January 2017 through March 2022. An updated Press Release contains revised 

monthly tables for January 2022 through March 2022. 
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RESOURCES 

API 

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

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

before. 

<www.census.gov/developers/> 

FRED Mobile App 

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

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

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

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

### 
Table 1. Durable Goods Manufacturers' Shipments and New Orders 1

[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

Item Percent

May Apr Mar Apr - Mar - Feb - May Apr May Change

2022 2 2022 r 2022 May 2 Apr r Mar 2022 2 2022 r 2021 2022 2021 2022/2021

DURABLE GOODS

 Total:

 Shipments................................ 268,399 264,825 264,026 1.3 0.3 1.4 268,280 261,122 234,483 1,293,119 1,161,055 11.4

 New Orders4.............................. 267,202 265,274 264,258 0.7 0.4 0.7 263,630 260,280 235,324 1,310,595 1,182,199 10.9

 Excluding transportation:

 Shipments................................ 183,707 181,852 181,488 1.0 0.2 0.9 184,886 179,359 164,329 886,956 795,969 11.4

 New Orders4.............................. 179,613 178,420 178,038 0.7 0.2 1.1 181,068 178,154 166,121 883,253 812,745 8.7

 Excluding defense:

 Shipments................................ 252,218 249,145 248,248 1.2 0.4 1.6 252,727 246,348 220,040 1,216,788 1,088,795 11.8

 New Orders4.............................. 251,314 249,851 249,386 0.6 0.2 1.3 250,057 247,084 223,550 1,237,889 1,108,329 11.7

 Manufacturing with unfilled orders:

 Shipments................................ 185,543 182,854 181,751 1.5 0.6 0.7 185,699 179,440 161,727 894,438 793,390 12.7

 New Orders.............................. 189,246 188,157 186,907 0.6 0.7 -0.4 185,336 182,906 166,798 934,603 836,742 11.7

 Primary metals:

 Shipments................................ 21,616 21,046 20,709 2.7 1.6 3.5 22,056 21,502 17,899 104,865 90,338 16.1

 New Orders.............................. 21,616 20,961 20,783 3.1 0.9 3.3 21,845 21,239 19,013 106,273 94,315 12.7

 Fabricated metal products:

 Shipments................................ 36,733 36,512 36,672 0.6 -0.4 1.0 37,635 36,545 32,812 180,391 157,171 14.8

 New Orders.............................. 36,854 36,846 36,986 0.0 -0.4 1.2 38,454 37,857 35,138 186,861 174,540 7.1

 Machinery:

 Shipments................................ 37,652 37,071 36,945 1.6 0.3 0.9 38,083 36,811 32,877 183,533 159,030 15.4

 New Orders.............................. 38,183 37,753 37,379 1.1 1.0 0.6 38,137 38,014 34,222 189,971 168,469 12.8

 Computers and electronic products4:

 Shipments................................ 28,498 28,409 28,245 0.3 0.6 -0.3 26,918 25,838 25,504 133,800 127,652 4.8

 New Orders.............................. 23,860 23,742 23,742 0.5 0.0 1.8 22,165 21,647 21,141 112,699 107,768 4.6

 Computers and related products:

 Shipments................................ 1,824 1,834 1,845 -0.5 -0.6 0.4 1,695 1,621 1,660 8,329 8,044 3.5

 New Orders.............................. 1,819 1,831 1,847 -0.7 -0.9 0.8 1,690 1,618 1,635 8,307 8,011 3.7

 

 Communications equipment:

 Shipments................................ 3,244 3,229 3,173 0.5 1.8 -3.1 3,000 2,836 2,694 14,860 13,552 9.7

 New Orders.............................. 3,412 3,346 3,355 2.0 -0.3 5.5 2,949 2,891 2,741 15,323 14,020 9.3

 Electrical equipment, appliances, 

 and components: 

 Shipments................................ 13,345 13,096 13,266 1.9 -1.3 1.9 13,341 12,854 11,767 63,535 56,718 12.0

 New Orders.............................. 13,350 13,468 13,593 -0.9 -0.9 2.6 13,461 13,516 12,544 65,930 60,424 9.1

 Transportation equipment: 

 Shipments................................ 84,692 82,973 82,538 2.1 0.5 2.6 83,394 81,763 70,154 406,163 365,086 11.3

 New Orders.............................. 87,589 86,854 86,220 0.8 0.7 -0.3 82,562 82,126 69,203 427,342 369,454 15.7

 Motor vehicles and parts:

 Shipments................................ 58,272 57,659 57,465 1.1 0.3 4.5 58,117 57,700 48,247 284,577 256,345 11.0

 New Orders.............................. 58,226 57,958 57,872 0.5 0.1 4.9 57,758 57,523 48,303 285,462 258,272 10.5

 

 Nondefense aircraft and parts5:

 Shipments................................ 10,839 10,253 9,989 5.7 2.6 -0.7 9,912 9,596 8,086 47,511 40,445 17.5

 New Orders.............................. 14,160 14,324 13,933 -1.1 2.8 -8.1 11,200 11,886 9,271 70,974 41,326 71.7

 Defense aircraft and parts:

 Shipments................................ 5,349 5,325 5,364 0.5 -0.7 -3.1 5,150 4,823 5,010 25,261 25,307 -0.2

 New Orders.............................. 5,321 4,923 4,806 8.1 2.4 -14.7 4,357 4,148 3,698 22,365 24,436 -8.5

 All other durable goods: 

 Shipments................................ 45,863 45,718 45,651 0.3 0.1 0.2 46,853 45,809 43,470 220,832 205,060 7.7

 New Orders.............................. 45,750 45,650 45,555 0.2 0.2 -0.2 47,006 45,881 44,063 221,519 207,229 6.9

 Capital goods3:

 Shipments................................ 93,768 92,173 91,745 1.7 0.5 0.2 91,596 88,525 81,332 446,103 400,934 11.3

 New Orders.............................. 97,404 96,651 96,113 0.8 0.6 -1.6 91,382 90,924 81,643 476,904 419,641 13.6

 Nondefense capital goods:

 Shipments................................ 79,811 78,561 77,948 1.6 0.8 0.4 78,067 75,599 68,659 379,342 337,931 12.3

 New Orders.............................. 83,682 83,274 83,064 0.5 0.3 -0.4 79,467 79,497 71,186 412,818 353,608 16.7

 Excluding aircraft:

 Shipments........................... 72,759 72,153 71,569 0.8 0.8 0.3 71,799 69,672 63,514 350,324 312,286 12.2

 New Orders.......................... 73,458 73,105 72,857 0.5 0.3 1.1 71,868 71,119 64,871 360,134 326,833 10.2

 Defense capital goods:

 Shipments................................ 13,957 13,612 13,797 2.5 -1.3 -1.0 13,529 12,926 12,673 66,761 63,003 6.0

 New Orders.............................. 13,722 13,377 13,049 2.6 2.5 -8.7 11,915 11,427 10,457 64,086 66,033 -2.9

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 Based on advance sample. 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. 

3

 The Capital Goods Industries include Nondefense : 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. Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space 

vehicles, and parts, ships and boats, and search and navigation equipment. 

4

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

orders exclude semiconductor industry data. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Advance Report, June 27, 2022. 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. Durable Goods Manufacturers' Unfilled Orders and Total Inventories 1

[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 Percent

Item Change

May Apr Mar Apr - Mar - Feb - May Apr May 2022/

2022 2 2022 r 2022 May 2 Apr r Mar 2022 2 2022 r 2021 2021

DURABLE GOODS

 Total:

 Unfilled Orders4......................... 1,109,800 1,106,097 1,100,794 0.3 0.5 0.5 1,114,766 1,115,129 1,039,935 7.2

 Total Inventories....................... 482,714 479,986 475,761 0.6 0.9 0.9 487,073 482,823 442,600 10.0

 Excluding transportation:

 Unfilled Orders4......................... 469,984 469,178 467,756 0.2 0.3 0.3 475,358 474,889 440,232 8.0

 Total Inventories....................... 325,805 323,128 319,944 0.8 1.0 0.8 329,454 325,886 291,904 12.9

 Excluding defense:

 Unfilled Orders4........................... 901,872 897,876 892,316 0.4 0.6 0.7 906,603 904,986 825,277 9.9

 Total Inventories....................... 456,527 453,858 449,798 0.6 0.9 1.0 460,691 456,541 417,234 10.4

 Manufacturing with unfilled orders:

 Unfilled Orders......................... 1,109,800 1,106,097 1,100,794 0.3 0.5 0.5 1,114,766 1,115,129 1,039,935 7.2

 Total Inventories....................... 386,371 384,313 381,720 0.5 0.7 0.8 390,034 386,848 355,751 9.6

 Primary metals:

 Unfilled Orders......................... 31,263 31,263 31,348 0.0 -0.3 0.2 31,653 31,864 30,334 4.3

 Total Inventories....................... 39,477 38,930 38,415 1.4 1.3 0.7 39,797 39,278 33,539 18.7

 Fabricated metal products:

 Unfilled Orders......................... 118,241 118,120 117,786 0.1 0.3 0.3 120,440 119,621 111,818 7.7

 Total Inventories....................... 62,273 61,813 61,305 0.7 0.8 0.3 63,079 62,440 55,661 13.3

 Machinery: 

 Unfilled Orders......................... 130,141 129,610 128,928 0.4 0.5 0.3 131,360 131,306 117,956 11.4

 Total Inventories....................... 82,293 81,336 80,479 1.2 1.1 1.5 83,341 81,906 71,416 16.7

 Computers and electronic products4:

 Unfilled Orders......................... 140,163 139,901 139,714 0.2 0.1 0.3 140,590 141,056 134,212 4.8

 Total Inventories....................... 51,724 51,685 51,426 0.1 0.5 0.5 52,308 52,042 49,860 4.9

 Computers and related products:

 Unfilled Orders......................... 1,197 1,202 1,205 -0.4 -0.2 0.2 1,197 1,202 1,344 -10.9

 Total Inventories....................... 3,911 3,827 3,774 2.2 1.4 1.9 4,000 3,729 3,720 7.5

 

 Communications equipment:

 Unfilled Orders......................... 21,796 21,628 21,511 0.8 0.5 0.9 21,805 21,856 18,516 17.8

 Total Inventories....................... 5,328 5,388 5,346 -1.1 0.8 1.1 5,448 5,415 5,243 3.9

 Electrical equipment, appliances, 

 and components: 

 Unfilled Orders......................... 38,488 38,483 38,111 0.0 1.0 0.9 39,196 39,076 34,332 14.2

 Total Inventories....................... 22,788 22,518 22,212 1.2 1.4 0.9 23,206 22,913 19,917 16.5

 Transportation equipment: 

 Unfilled Orders......................... 639,816 636,919 633,038 0.5 0.6 0.6 639,408 640,240 599,703 6.6

 Total Inventories....................... 156,909 156,858 155,817 0.0 0.7 1.2 157,619 156,937 150,696 4.6

 Motor vehicles and parts:

 Unfilled Orders......................... 28,441 28,487 28,188 -0.2 1.1 1.5 28,632 28,991 25,628 11.7

 Total Inventories....................... 51,744 51,494 50,657 0.5 1.7 1.6 52,035 51,703 46,385 12.2

 

 Nondefense Aircraft and parts:

 Unfilled Orders......................... 429,473 426,152 422,081 0.8 1.0 0.9 428,796 427,508 385,227 11.3

 Total Inventories....................... 75,816 76,155 76,194 -0.4 -0.1 0.9 76,149 75,947 76,418 -0.4

 Defense Aircraft and parts: 

 Unfilled Orders......................... 55,717 55,745 56,147 -0.1 -0.7 -1.0 55,662 56,455 59,192 -6.0

 Total Inventories....................... 12,753 12,764 12,736 -0.1 0.2 0.5 12,811 12,839 12,464 2.8

 All other durable goods: 

 Unfilled Orders......................... 11,688 11,801 11,869 -1.0 -0.6 -0.8 12,119 11,966 11,580 4.7

 Total Inventories....................... 67,250 66,846 66,107 0.6 1.1 0.8 67,723 67,307 61,511 10.1

 Capital goods3:

 Unfilled Orders......................... 809,384 805,748 801,270 0.5 0.6 0.5 810,972 811,186 754,451 7.5

 Total Inventories....................... 232,990 232,290 231,107 0.3 0.5 1.1 235,258 232,671 217,476 8.2

 Nondefense capital goods:

 Unfilled Orders......................... 623,812 619,941 615,228 0.6 0.8 0.8 625,104 623,704 562,516 11.1

 Total Inventories....................... 210,726 210,094 209,095 0.3 0.5 1.2 212,857 210,396 195,968 8.6

 Excluding aircraft: 

 Unfilled Orders.................... 264,117 263,418 262,466 0.3 0.4 0.5 266,104 266,035 245,398 8.4

 Total Inventories................... 145,359 144,381 143,355 0.7 0.7 1.2 147,393 145,108 130,812 12.7

 Defense capital goods:

 Unfilled Orders......................... 185,572 185,807 186,042 -0.1 -0.1 -0.4 185,868 187,482 191,935 -3.2

 Total Inventories....................... 22,264 22,196 22,012 0.3 0.8 0.4 22,401 22,275 21,508 4.2

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

 Based on advance sample. 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. 

3

 The Capital Goods Industries include Nondefense : 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. Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space vehicles, and parts, ships and boats, and search and navigation equipment. 

4

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

changes for new orders and unfilled orders exclude semiconductor industry data. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, May Advance Report, June 27, 2022. 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>.