FOR IMMEDIATE RELEASE 

MONDAY, APRIL 4, 2016, AT 10:00 A.M. EDT 

Adriana Stoica 

Economic Indicators Division 

(301) 763-4832 

M3-2 (16)-02 

CB 16-51 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

February 2016 

Summary 

 New orders for manufactured goods in February, down 

three of the last four months, decreased $8.0 billion or 

1.7 percent to $454.0 billion, the U.S. Census Bureau 

reported today. This followed a 1.2 percent January 

increase. 

 Shipments, down ten of the last eleven months, 

decreased $3.4 billion or 0.7 percent to $462.8 billion. 

This followed a 0.2 percent January decrease. 

 Unfilled orders, down two of the last three months, 

decreased $4.1 billion or 0.3 percent to $1,184.0 billion. 

This followed a 0.1 percent January increase. The 

unfilled orders-to-shipments ratio was 7.02, up from 

6.96 in January. 

 Inventories, down eight consecutive months, decreased 

$2.6 billion or 0.4 percent to $634.3 billion. This 

followed a 0.5 percent January decrease. The 

inventories-to-shipments ratio was 1.37, unchanged from 

January. 

New Orders 

 New orders for manufactured durable goods in 

February, down three of the last four months, decreased 

$7.0 billion or 3.0 percent to $229.1 billion, down from 

the previously published 2.8 percent decrease. This 

followed a 4.3 percent January increase. 

 Transportation equipment, also down three of the last 

four months, led the decrease, $4.9 billion or 6.2 percent 

to $74.1 billion. 

 New orders for manufactured nondurable goods 

decreased $1.0 billion or 0.4 percent to $224.8 billion. 

 

Shipments 

 Shipments of manufactured durable goods in February, 

down two of the last three months, decreased $2.4 

billion or 1.0 percent to $238.0 billion, down from the 

previously published 0.9 percent decrease. This followed 

a 1.4 percent January increase. 

 Transportation equipment, also down two of the last 

three months, led the decrease, $1.0 billion or 1.2 

percent to $78.9 billion. 

 

 

 

Shipments of manufactured nondurable goods, down 

eight consecutive months, decreased $1.0 billion or 0.4 

percent to $224.8 billion. This followed a 1.9 percent 

January decrease. Petroleum and coal products, also 

down eight consecutive months, led the decrease, $0.6 

billion or 1.6 percent to $34.8 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

February, down two of the last three months, decreased 

$4.1 billion or 0.3 percent to $1,184.0 billion, up from 

the previously published 0.4 percent decrease. This 

followed a 0.1 percent January increase. 

 

 Transportation equipment, down three consecutive 

months, drove the decrease, $4.8 billion or 0.6 percent to 

$789.2 billion. 

Inventories 

 Inventories of manufactured durable goods in 

February, down seven of the last eight months, 

decreased $1.3 billion or 0.3 percent to $394.1 billion, 

virtually unchanged from the previously published 

decrease. This followed a 0.2 percent January decrease. 

 

 Primary metals, down thirteen consecutive months, led 

the decrease, $0.4 billion or 1.3 percent to $33.2 billion. 

 Inventories of manufactured nondurable goods, down 

seven of the last eight months, decreased $1.3 billion or 

0.5 percent to $240.2 billion. This followed a 1.0 

percent January decrease. Petroleum and coal products, 

also down seven of the last eight months, drove the 

decrease, $1.3 billion or 4.5 percent to $28.6 billion. 

 By stage of fabrication, February materials and 

supplies decreased 0.6 percent in durable goods and 

decreased 0.2 percent in nondurable goods. Work in 

process decreased 0.2 percent in durable goods and 

decreased 0.2 percent in nondurable goods. Finished 

goods decreased 0.2 percent in durable goods and 

decreased 0.9 percent in nondurable goods. 

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

data, call (301) 763-4673 or go to www.census.gov/m3. The Advance Report on durable goods for March is scheduled for release on April 26, 2016 at 8:30 

a.m. EDT and the Full Report on May 4, 2016 at 10:00 a.m. EDT. See back page for survey description. To receive the latest updates on the Nation's key 

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

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

visit www.census.gov/econ/webinar. 

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

Table 1. Value of Manufacturers' Shipments for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2016/

2016p 2016r 2015 Feb. Jan. Dec. 2016p 2016r 2015 2015 2016p 2015 2015

 All manufacturing industries.................. 462,807 466,180 467,019 -0.7 -0.2 -1.4 444,589 418,892 460,778 445,006 863,481 882,835 -2.2

 Excluding transportation................... 383,892 386,271 391,383 -0.6 -1.3 -0.5 367,138 352,324 384,740 374,728 719,462 748,208 -3.8

 Excluding defense.............................. 450,790 454,181 454,504 -0.7 -0.1 -1.5 433,186 409,471 446,483 434,286 842,657 862,812 -2.3

 With unfilled orders............................ 168,567 170,596 167,721 -1.2 1.7 -2.5 162,153 148,304 170,574 158,242 310,457 310,965 -0.2

 Durable goods industries......................... 237,969 240,351 236,925 -1.0 1.4 -1.8 228,793 209,584 236,363 219,898 438,377 432,546 1.3

 Wood products....................................... 8,401 8,266 8,476 1.6 -2.5 2.5 7,719 6,913 7,335 7,227 14,632 14,218 2.9

 Nonmetallic mineral products.................... 10,006 9,885 9,856 1.2 0.3 0.4 8,776 8,290 8,586 8,158 17,066 16,598 2.8

 Primary metals....................................... 19,072 19,205 19,200 -0.7 0.0 -2.0 18,949 18,368 17,624 21,262 37,317 43,562 -14.3

 Iron and steel mills............................ 8,661 8,739 8,404 -0.9 4.0 -3.8 8,496 8,390 7,919 9,882 16,886 20,668 -18.3

 Aluminum and nonferrous metals.......... 8,884 8,928 9,171 -0.5 -2.6 -0.7 8,964 8,602 8,233 9,850 17,566 19,865 -11.6

 Ferrous metal foundries....................... 1,527 1,538 1,625 -0.7 -5.4 0.5 1,489 1,376 1,472 1,530 2,865 3,029 -5.4

 Fabricated metal products....................... 29,750 29,975 29,673 -0.8 1.0 0.3 28,768 27,308 27,797 27,993 56,076 56,223 -0.3

 Machinery............................................. 32,123 32,713 33,049 -1.8 -1.0 2.2 31,176 28,056 34,151 31,350 59,232 60,201 -1.6

 Farm machinery................................. 1,410 1,504 1,627 -6.3 -7.6 10.0 1,636 1,318 1,364 1,840 2,954 3,362 -12.1

 Construction machinery..................... 2,900 2,782 3,126 4.2 -11.0 0.4 2,875 2,357 3,180 3,608 5,232 6,924 -24.4

 Mining, oil field, and 

 gas field machinery.......................... 1,175 1,240 1,323 -5.2 -6.3 -7.4 1,122 1,124 1,513 1,985 2,246 4,079 -44.9

 Industrial machinery.......................... 2,846 3,097 2,991 -8.1 3.5 0.8 2,687 2,542 3,621 2,231 5,229 4,263 22.7

 Photographic equipment...................... 521 544 553 -4.2 -1.6 9.1 469 456 654 483 925 930 -0.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,985 3,977 4,000 0.2 -0.6 0.3 3,348 3,127 3,820 3,173 6,475 6,335 2.2

 Metalworking machinery..................... 3,365 3,456 3,188 -2.6 8.4 1.0 3,033 2,906 3,615 2,391 5,939 4,774 24.4

 Turbines, generators, and other

 power transmission equipment....... 3,857 3,885 3,818 -0.7 1.8 9.6 3,939 3,640 3,672 4,137 7,579 7,766 -2.4

 Material handling equipment............... 2,984 3,032 2,963 -1.6 2.3 3.5 2,902 2,670 3,132 2,224 5,572 4,325 28.8

 Computers and electronic products2

.......... 29,505 29,819 29,838 -1.1 -0.1 -0.6 26,606 26,316 32,863 24,552 52,922 49,539 6.8

 Computers........................................ 539 620 617 -13.1 0.5 0.8 391 488 729 414 879 852 3.2

 Computer storage devices..................... 488 461 426 5.9 8.2 -11.3 326 311 709 283 637 597 6.7

 Other peripheral equipment................ 847 859 793 -1.4 8.3 -5.4 673 574 1,194 722 1,247 1,420 -12.2

 Nondefense communications

 equipment.................................... 3,187 3,174 3,473 0.4 -8.6 0.9 2,789 2,497 4,245 2,764 5,286 5,401 -2.1

 Defense communications equipment.... 346 290 415 19.3 -30.1 22.8 343 251 438 366 594 688 -13.7

 Audio and video equipment.................... 276 283 271 -2.5 4.4 6.7 242 219 345 216 461 400 15.3

 Electronic components......................... 5,016 5,064 4,917 -0.9 3.0 -0.1 4,525 4,414 4,898 3,635 8,939 7,157 24.9

 Nondefense search and navigation

 equipment...................................... 1,459 1,485 1,474 -1.8 0.7 -0.2 1,434 1,219 1,618 1,192 2,653 2,184 21.5

 Defense search and navigation

 equipment..................................... 2,666 2,677 2,686 -0.4 -0.3 -0.8 2,615 2,117 3,015 2,451 4,732 4,506 5.0

 Electromedical, measuring,

 and control instruments................. 9,713 9,705 9,648 0.1 0.6 -1.2 8,994 8,223 11,241 8,195 17,217 16,104 6.9

 Electrical equipment, appliances, 

 and components................................... 9,527 9,745 9,967 -2.2 -2.2 0.5 9,061 8,557 9,850 9,706 17,618 19,143 -8.0

 Electric lighting equipment..................... 993 1,011 988 -1.8 2.3 0.8 972 897 1,052 895 1,869 1,741 7.4

 Household appliances........................ 1,506 1,543 1,559 -2.4 -1.0 0.3 1,380 1,244 1,509 1,506 2,624 2,904 -9.6

 Electrical equipment............................ 2,954 2,966 3,110 -0.4 -4.6 1.4 2,858 2,531 3,125 3,039 5,389 5,953 -9.5

 Batteries........................................... 819 829 813 -1.2 2.0 -2.9 735 716 874 760 1,451 1,540 -5.8

 Transportation equipment........................ 78,915 79,909 75,636 -1.2 5.6 -6.0 77,451 66,568 76,038 70,278 144,019 134,627 7.0

 Automobiles..................................... 8,957 9,036 8,610 -0.9 4.9 1.5 8,937 7,739 8,200 7,905 16,676 15,168 9.9

 Light trucks and utility vehicles.............. 14,727 14,676 14,083 0.3 4.2 -2.0 14,797 12,130 13,282 12,039 26,927 22,602 19.1

 Heavy duty trucks ............................. 2,754 2,830 2,801 -2.7 1.0 -1.7 2,605 2,412 2,572 2,795 5,017 5,384 -6.8

 Motor vehicle bodies, parts, 

 and trailers.................................... 27,810 27,480 27,026 1.2 1.7 2.0 28,793 24,489 24,091 24,327 53,282 47,099 13.1

 Nondefense aircraft and parts................ 12,924 14,105 10,860 -8.4 29.9 -32.3 11,300 10,576 14,280 12,316 21,876 22,882 -4.4

 Defense aircraft and parts.................. 4,379 4,458 4,834 -1.8 -7.8 3.8 3,739 3,334 5,831 3,884 7,073 7,134 -0.9

 Ships and boats................................. 2,602 2,745 2,729 -5.2 0.6 -5.0 2,603 2,306 2,735 2,744 4,909 4,900 0.2

 Furniture and related products.................. 6,458 6,480 6,481 -0.3 0.0 -0.1 6,403 6,072 6,396 5,946 12,475 11,832 5.4

 Miscellaneous durable goods................. 14,212 14,354 14,749 -1.0 -2.7 0.4 13,884 13,136 15,723 13,426 27,020 26,603 1.6

 Nondurable goods industries..................... 224,838 225,829 230,094 -0.4 -1.9 -1.1 215,796 209,308 224,415 225,108 425,104 450,289 -5.6

 Food products....................................... 65,326 65,652 65,008 -0.5 1.0 -1.0 64,771 63,314 65,871 63,804 128,085 128,897 -0.6

 Grain and oilseed milling....................... 8,306 8,245 8,402 0.7 -1.9 3.7 8,228 8,035 8,852 7,740 16,263 16,042 1.4

 Dairy products.................................. 9,862 9,959 9,981 -1.0 -0.2 0.3 9,376 9,583 10,060 9,395 18,959 19,452 -2.5

 Meat, poultry, and seafood products... 18,055 18,118 17,785 -0.3 1.9 -2.3 17,981 17,301 17,565 18,926 35,282 37,988 -7.1

 Beverage and tobacco products................ 12,427 12,453 12,536 -0.2 -0.7 -1.8 11,665 11,096 12,202 11,024 22,761 21,876 4.0

 Beverages......................................... 9,052 9,281 8,980 -2.5 3.4 -1.1 8,290 7,924 8,646 7,806 16,214 15,409 5.2

 Tobacco............................................ 3,375 3,172 3,556 6.4 -10.8 -3.6 3,375 3,172 3,556 3,218 6,547 6,467 1.2

 Textile mills........................................... 2,498 2,516 2,532 -0.7 -0.6 -1.9 2,473 2,332 2,180 2,445 4,805 4,850 -0.9

 Textile products................................... 1,924 1,945 1,912 -1.1 1.7 -3.1 1,918 1,751 1,677 1,822 3,669 3,688 -0.5

 Apparel................................................ 1,145 1,147 1,170 -0.2 -2.0 -0.3 1,144 1,023 1,142 1,125 2,167 2,186 -0.9

 Leather and allied products...................... 407 426 418 -4.5 1.9 -0.5 413 391 394 457 804 879 -8.5

 Paper products...................................... 15,949 16,039 16,073 -0.6 -0.2 0.0 15,410 15,511 15,787 15,048 30,921 30,868 0.2

 Pulp, paper, and paperboard mills....... 6,954 7,052 7,061 -1.4 -0.1 -1.9 6,752 7,031 7,067 6,716 13,783 13,920 -1.0

 Paperboard containers........................ 5,301 5,239 5,188 1.2 1.0 0.5 5,011 4,929 4,905 4,752 9,940 9,809 1.3

 Printing................................................. 7,219 7,218 7,323 0.0 -1.4 0.7 6,692 6,718 7,338 6,373 13,410 13,077 2.5

 Petroleum and coal products.................. 34,810 35,365 40,008 -1.6 -11.6 -4.3 30,502 31,103 37,426 45,404 61,605 88,753 -30.6

 Petroleum refineries.......................... 31,103 31,757 36,274 -2.1 -12.5 -4.9 27,301 28,470 34,432 42,346 55,771 82,767 -32.6

 Chemical products..................................... 64,037 64,045 64,212 0.0 -0.3 0.2 62,481 58,815 62,936 59,849 121,296 119,383 1.6

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 4,998 4,763 4,943 4.9 -3.6 0.7 5,435 3,768 4,303 5,041 9,203 8,794 4.7

 Pharmaceuticals and medicines............. 17,575 17,705 17,342 -0.7 2.1 1.8 16,709 16,691 17,825 13,738 33,400 27,611 21.0

 Paints, coatings, and adhesives.......... 3,470 3,477 3,453 -0.2 0.7 3.1 3,265 3,012 2,925 2,931 6,277 5,838 7.5

 Plastics and rubber products.................. 19,096 19,023 18,902 0.4 0.6 0.7 18,327 17,254 17,462 17,757 35,581 35,832 -0.7

p

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

1

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

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

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

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

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

 

Year to date
 3

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

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2016/

2016p 2016r 2015 Feb. Jan. Dec. 2016p 2016r 2015 2015 2016p 2015 2015

All manufacturing industries2........................ 453,956 461,931 456,485 -1.7 1.2 -2.9 438,225 418,427 466,376 437,676 856,652 871,139 -1.7

 Excluding transportation2

...................... 379,813 382,870 385,009 -0.8 -0.6 -0.9 368,116 352,654 378,185 373,384 720,770 745,984 -3.4

 Excluding defense2

.............................. 443,946 449,660 445,677 -1.3 0.9 -1.8 428,912 408,517 450,143 429,542 837,429 855,182 -2.1

 With unfilled orders2............................. 164,448 171,276 162,053 -4.0 5.7 -6.4 159,852 153,596 180,349 155,037 313,448 309,144 1.4

 Durable goods industries2

......................... 229,118 236,102 226,391 -3.0 4.3 -4.6 222,429 209,119 241,961 212,568 431,548 420,850 2.5

 Primary metals........................................ 19,338 19,344 19,229 0.0 0.6 0.2 19,741 19,529 18,187 21,433 39,270 44,797 -12.3

 Iron and steel mills.............................. 8,775 8,717 8,389 0.7 3.9 -3.5 9,003 9,160 8,253 9,969 18,163 21,531 -15.6

 Aluminum and nonferrous metals.......... 8,959 9,072 9,139 -1.2 -0.7 1.2 9,116 8,785 8,336 9,898 17,901 19,862 -9.9

 Ferrous metal foundries....................... 1,604 1,555 1,701 3.2 -8.6 16.2 1,622 1,584 1,598 1,566 3,206 3,404 -5.8

 Fabricated metal products........................ 30,045 30,363 29,630 -1.0 2.5 0.3 30,536 28,374 27,308 28,783 58,910 57,506 2.4

 Machinery............................................. 31,529 32,628 31,000 -3.4 5.3 -3.8 31,571 30,070 31,064 31,291 61,641 62,201 -0.9

 Construction machinery........................ 2,814 2,884 3,023 -2.4 -4.6 1.1 2,916 2,810 3,116 3,412 5,726 6,508 -12.0

 Mining, oil field, and

 gas field machinery.......................... 990 1,239 265 -20.1 367.5 -76.6 1,151 1,134 207 2,061 2,285 4,071 -43.9

 Industrial machinery............................ 2,915 2,963 2,848 -1.6 4.0 -2.3 2,726 2,825 3,283 2,051 5,551 4,549 22.0

 Photographic equipment....................... 528 510 500 3.5 2.0 -1.6 505 466 518 433 971 923 5.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 3,912 3,856 4,065 1.5 -5.1 1.7 3,366 3,250 3,825 3,280 6,616 6,623 -0.1

 Metalworking machinery....................... 3,311 3,381 3,197 -2.1 5.8 -1.6 3,123 3,047 3,521 2,552 6,170 5,099 21.0

 Turbines, generators, and other 

 power transmission equipment........... 3,848 4,083 3,465 -5.8 17.8 -3.4 3,875 3,916 3,674 3,499 7,791 7,502 3.9

 Material handling equipment.................. 3,095 3,108 3,046 -0.4 2.0 -3.5 3,182 2,913 3,400 2,584 6,095 4,927 23.7

 Computers and electronic products2

........... 25,062 25,500 25,374 -1.7 0.5 -1.6 23,496 21,509 29,758 21,664 45,005 41,796 7.7

 Computers........................................ 539 585 588 -7.9 -0.5 -15.8 391 453 700 437 844 901 -6.3

 Nondefense communications

 equipment...................................... 3,425 3,541 3,188 -3.3 11.1 -17.8 3,519 3,009 4,186 3,565 6,528 6,727 -3.0

 Defense communications equipment....... 306 276 292 10.9 -5.5 -11.2 304 260 329 486 564 788 -28.4

 Electronic components......................... 5,011 5,061 5,136 -1.0 -1.5 4.3 4,728 4,540 5,079 3,885 9,268 7,622 21.6

 Nondefense search and navigation

 equipment...................................... 1,563 1,573 1,693 -0.6 -7.1 -0.5 1,552 1,333 1,397 1,469 2,885 2,707 6.6

 Defense search and navigation

 equipment...................................... 2,650 2,888 3,003 -8.2 -3.8 16.8 2,561 2,255 3,894 2,112 4,816 3,994 20.6

 Electromedical, measuring,

 and control instruments..................... 9,721 9,701 9,732 0.2 -0.3 -1.5 8,989 8,309 11,671 8,300 17,298 16,285 6.2

 Electrical equipment, appliances, 

 and components................................... 9,814 10,176 10,173 -3.6 0.0 2.2 9,711 9,467 10,018 9,997 19,178 19,781 -3.0

 Electric lighting equipment..................... 1,008 1,054 1,006 -4.4 4.8 1.1 1,016 957 1,048 917 1,973 1,757 12.3

 Household appliances.......................... 1,463 1,542 1,589 -5.1 -3.0 2.6 1,211 1,297 1,551 1,340 2,508 2,907 -13.7

 Electrical equipment............................ 2,947 2,900 3,077 1.6 -5.8 -1.3 2,924 2,660 2,980 3,153 5,584 6,346 -12.0

 Transportation equipment........................ 74,143 79,061 71,476 -6.2 10.6 -12.2 70,109 65,773 88,191 64,292 135,882 125,155 8.6

 Motor vehicle bodies, parts, 

 and trailers..................................... 27,731 27,026 26,702 2.6 1.2 1.1 28,899 24,249 24,518 24,695 53,148 48,023 10.7

 Nondefense aircraft and parts................ 10,140 13,934 9,373 -27.2 48.7 -29.3 5,922 10,082 25,240 8,649 16,004 15,722 1.8

 Defense aircraft and parts.................... 3,824 5,308 2,685 -28.0 97.7 -66.8 2,916 4,213 5,562 1,463 7,129 4,746 50.2

 Ships and boats.................................. 1,807 1,824 2,278 -0.9 -19.9 -2.1 2,258 1,851 2,272 2,776 4,109 4,326 -5.0

 Furniture and related products................... 6,568 6,540 6,441 0.4 1.5 -0.7 6,886 6,073 5,804 6,270 12,959 12,207 6.2

 Nondurable goods industries..................... 224,838 225,829 230,094 -0.4 -1.9 -1.1 215,796 209,308 224,415 225,108 425,104 450,289 -5.6

p

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

1

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

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

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

adjusted for price changes.

2

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

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

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

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

Year to date
 4 

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry Feb.

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2016/

2016p 2016r 2015 Feb. Jan. Dec. 2016p 2016r 2015 2015 2015

All manufacturing industries2...................... 1,184,047 1,188,166 1,187,486 -0.3 0.1 -0.5 1,194,241 1,196,542 1,191,250 1,213,081 -1.6

 Excluding transportation2...................... 394,852 394,199 392,671 0.2 0.4 -0.4 396,747 391,706 385,619 401,800 -1.3

 Excluding defense2

............................. 1,000,964 1,003,076 1,002,668 -0.2 0.0 -0.4 1,010,632 1,010,843 1,006,040 1,026,113 -1.5

 Durable goods industries2........................ 1,184,047 1,188,166 1,187,486 -0.3 0.1 -0.5 1,194,241 1,196,542 1,191,250 1,213,081 -1.6

 Primary metals........................................ 35,066 34,800 34,661 0.8 0.4 0.1 36,077 35,285 34,124 37,417 -3.6

 Iron and steel mills............................... 18,228 18,114 18,136 0.6 -0.1 -0.1 18,928 18,421 17,651 19,247 -1.7

 Aluminum and nonferrous metals............. 11,895 11,820 11,676 0.6 1.2 -0.3 12,035 11,883 11,700 12,630 -4.7

 Ferrous metal foundries........................ 4,943 4,866 4,849 1.6 0.4 1.6 5,114 4,981 4,773 5,540 -7.7

 Fabricated metal products......................... 82,358 82,063 81,675 0.4 0.5 -0.1 82,030 80,262 79,196 83,109 -1.3

 Machinery.............................................. 108,265 108,859 108,944 -0.5 -0.1 -1.8 109,321 108,926 106,912 119,179 -8.3

 Construction machinery......................... 5,543 5,629 5,527 -1.5 1.8 -1.8 5,885 5,844 5,391 8,726 -32.6

 Mining, oil field, and

 gas field machinery.......................... 7,618 7,803 7,804 -2.4 0.0 -11.9 7,665 7,636 7,626 11,131 -31.1

 Industrial machinery............................. 7,979 7,910 8,044 0.9 -1.7 -1.7 7,999 7,960 7,677 9,126 -12.3

 Photographic equipment........................ 1,582 1,575 1,609 0.4 -2.1 -3.2 1,569 1,533 1,523 1,467 7.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,384 7,457 7,578 -1.0 -1.6 0.9 7,496 7,478 7,355 7,668 -2.2

 Metalworking machinery........................ 6,366 6,420 6,495 -0.8 -1.2 0.1 6,528 6,438 6,297 7,147 -8.7

 Turbines, generators, and other 

 power transmission equipment............ 32,417 32,426 32,228 0.0 0.6 -1.1 32,580 32,644 32,368 34,681 -6.1

 Material handling equipment................... 13,026 12,915 12,839 0.9 0.6 0.7 13,108 12,828 12,585 11,352 15.5

 Computers and electronic products2............. 137,685 137,396 136,786 0.2 0.4 0.3 137,820 136,867 135,917 130,647 5.5

 Computers......................................... 2,618 2,618 2,653 0.0 -1.3 -1.1 2,618 2,618 2,653 2,521 3.8

 Nondefense communications

 equipment...................................... 37,967 37,729 37,362 0.6 1.0 -0.8 38,226 37,496 36,984 35,079 9.0

 Defense communications equipment........ 2,822 2,862 2,876 -1.4 -0.5 -4.1 2,798 2,837 2,828 2,992 -6.5

 Electronic components.......................... 11,275 11,280 11,283 0.0 0.0 2.0 11,433 11,230 11,104 11,064 3.3

 Nondefense search and navigation

 equipment....................................... 20,713 20,609 20,521 0.5 0.4 1.1 20,477 20,359 20,245 18,038 13.5

 Defense search and navigation

 equipment....................................... 32,444 32,460 32,249 0.0 0.7 1.0 32,456 32,510 32,372 32,387 0.2

 Electromedical, measuring,

 and control instruments...................... 29,846 29,838 29,842 0.0 0.0 0.3 29,812 29,817 29,731 28,566 4.4

 Electrical equipment, appliances, 

 and components.................................... 22,848 22,561 22,130 1.3 1.9 0.9 23,153 22,503 21,593 23,197 -0.2

 Electric lighting equipment..................... 1,191 1,176 1,133 1.3 3.8 1.6 1,221 1,177 1,117 1,122 8.8

 Household appliances........................... 1,479 1,522 1,523 -2.8 -0.1 2.0 1,401 1,570 1,517 1,527 -8.3

 Electrical equipment............................. 9,580 9,587 9,653 -0.1 -0.7 -0.3 9,645 9,579 9,450 9,495 1.6

 Transportation equipment......................... 789,195 793,967 794,815 -0.6 -0.1 -0.5 797,494 804,836 805,631 811,281 -1.7

 Motor vehicle bodies, parts, 

 and trailers...................................... 20,764 20,843 21,297 -0.4 -2.1 -1.5 21,638 21,532 21,772 22,954 -5.7

 Nondefense aircraft and parts................ 604,849 607,633 607,804 -0.5 0.0 -0.2 611,587 616,965 617,459 616,616 -0.8

 Defense aircraft and parts..................... 67,066 67,621 66,771 -0.8 1.3 -3.1 68,050 68,873 67,994 67,001 1.6

 Ships and boats.................................. 24,380 25,175 26,096 -3.2 -3.5 -1.7 24,370 24,715 25,170 30,379 -19.8

 Furniture and related products................... 7,810 7,700 7,640 1.4 0.8 -0.5 7,526 7,043 7,042 7,424 1.4

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

1

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

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

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

adjusted for price changes.

2

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

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

Table 4. Value of Manufacturers' Inventories for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry Feb.

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2016/

2016p 2016r 2015 Feb. Jan. Dec. 2016p 2016r 2015 2015 2015

 All manufacturing industries...................... 634,282 636,867 640,210 -0.4 -0.5 -0.2 637,210 633,296 622,139 653,818 -2.5

 Excluding transportation........................ 502,679 504,969 508,745 -0.5 -0.7 -0.5 504,705 501,668 494,739 523,055 -3.5

 Excluding defense............................. 607,410 609,464 613,763 -0.3 -0.7 -0.2 610,376 606,026 596,031 627,341 -2.7

 With unfilled orders............................. 319,725 320,938 322,000 -0.4 -0.3 0.0 321,401 319,774 313,528 330,323 -2.7

 Durable goods industries........................ 394,113 395,390 396,322 -0.3 -0.2 0.2 397,101 394,569 385,843 404,116 -1.7

 Wood products........................................ 11,109 11,197 11,242 -0.8 -0.4 -0.1 11,507 11,422 11,064 11,438 0.6

 Nonmetallic mineral products..................... 13,013 13,103 13,115 -0.7 -0.1 0.4 13,316 13,171 12,815 13,343 -0.2

 Primary metals......................................... 33,152 33,581 34,276 -1.3 -2.0 -2.0 33,462 33,961 34,310 39,990 -16.3

 Iron and steel mills............................... 18,002 18,393 19,228 -2.1 -4.3 -3.3 18,212 18,683 19,378 23,883 -23.7

 Aluminum and nonferrous metals............ 13,127 13,165 13,045 -0.3 0.9 -0.7 13,178 13,253 12,973 14,086 -6.4

 Ferrous metal foundries........................ 2,023 2,023 2,003 0.0 1.0 2.5 2,072 2,025 1,959 2,021 2.5

 Fabricated metal products......................... 48,205 48,407 48,719 -0.4 -0.6 -0.6 48,582 48,462 47,917 49,687 -2.2

 Machinery.............................................. 65,443 65,742 66,184 -0.5 -0.7 0.4 65,869 65,265 63,596 67,326 -2.2

 Farm machinery.................................. 3,077 3,051 3,175 0.9 -3.9 -1.2 3,235 3,117 3,168 3,665 -11.7

 Construction machinery......................... 6,419 6,633 6,692 -3.2 -0.9 -0.8 6,457 6,566 6,562 7,124 -9.4

 Mining, oil field, 

 and gas field machinery.................... 5,356 5,411 5,390 -1.0 0.4 1.2 5,358 5,340 5,108 6,021 -11.0

 Industrial machinery............................. 6,187 6,212 6,318 -0.4 -1.7 2.9 6,261 6,118 6,143 6,328 -1.1

 Photographic equipment....................... 1,410 1,408 1,403 0.1 0.4 -2.1 1,438 1,424 1,345 1,381 4.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,111 5,120 5,147 -0.2 -0.5 0.0 5,203 4,937 4,672 5,365 -3.0

 Metalworking machinery........................ 5,629 5,615 5,574 0.2 0.7 0.9 5,550 5,504 5,415 5,535 0.3

 Turbines, generators, and other

 power transmission equipment............ 9,908 9,960 10,172 -0.5 -2.1 0.9 9,973 9,879 9,555 10,131 -1.6

 Material handling equipment.................. 4,312 4,286 4,286 0.6 0.0 1.1 4,214 4,153 4,011 3,924 7.4

 Computers and electronic products2

............ 45,112 44,928 44,839 0.4 0.2 0.0 45,438 44,411 43,532 45,584 -0.3

 Computers......................................... 1,151 1,133 1,106 1.6 2.4 3.0 1,154 1,083 994 1,149 0.4

 Computer storage devices.................... 1,291 1,333 1,300 -3.2 2.5 -0.2 1,345 1,332 1,192 1,538 -12.5

 Other peripheral equipment................... 1,090 1,083 1,079 0.6 0.4 1.9 1,114 1,080 998 1,362 -18.2

 Nondefense communications

 equipment...................................... 4,382 4,415 4,435 -0.7 -0.5 -2.1 4,485 4,425 4,271 5,102 -12.1

 Defense communications equipment........ 685 733 713 -6.5 2.8 -15.6 685 733 713 806 -15.0

 Audio and video equipment.................... 762 753 767 1.2 -1.8 3.5 725 735 743 740 -2.0

 Electronic components.......................... 8,079 8,035 8,117 0.5 -1.0 0.3 8,146 8,149 7,910 8,033 1.4

 Nondefense search and navigation

 equipment...................................... 3,471 3,490 3,505 -0.5 -0.4 0.5 3,463 3,492 3,412 3,373 2.7

 Defense search and navigation

 equipment....................................... 3,235 3,231 3,185 0.1 1.4 1.3 3,255 3,175 3,080 2,833 14.9

 Electromedical, measuring 

 and control instruments...................... 13,958 14,013 14,203 -0.4 -1.3 -0.5 14,041 13,698 13,750 14,746 -4.8

 Electrical equipment, appliances, 

 and components.................................... 15,980 16,076 16,227 -0.6 -0.9 -0.5 16,054 15,985 15,571 16,698 -3.9

 Electric lighting equipment..................... 1,886 1,918 1,890 -1.7 1.5 1.3 1,872 1,932 1,802 1,848 1.3

 Household appliances........................... 2,106 2,106 2,113 0.0 -0.3 -0.5 2,115 2,054 1,909 2,044 3.5

 Electrical equipment............................. 4,789 4,805 4,805 -0.3 0.0 -0.7 4,855 4,811 4,721 5,114 -5.1

 Batteries............................................ 1,289 1,277 1,308 0.9 -2.4 -1.9 1,255 1,219 1,211 1,303 -3.7

 Transportation equipment......................... 131,603 131,898 131,465 -0.2 0.3 1.1 132,505 131,628 127,400 130,763 1.3

 Automobiles....................................... 4,550 4,629 4,688 -1.7 -1.3 4.4 4,677 4,632 4,392 4,965 -5.8

 Light trucks and utility vehicles.............. 4,601 4,664 4,647 -1.4 0.4 3.7 4,785 4,811 4,177 4,023 18.9

 Heavy duty trucks ............................... 1,960 1,961 1,992 -0.1 -1.6 4.7 2,025 2,013 1,842 1,785 13.4

 Motor vehicle bodies, parts, 

 and trailers...................................... 24,817 24,768 25,103 0.2 -1.3 1.1 25,036 24,945 24,525 25,182 -0.6

 Nondefense aircraft and parts................ 67,922 67,657 67,580 0.4 0.1 0.9 68,286 67,138 65,475 66,923 2.0

 Defense aircraft and parts..................... 12,450 12,602 11,824 -1.2 6.6 -0.9 12,445 12,556 11,647 13,045 -4.6

 Ships and boats.................................. 2,017 1,995 1,993 1.1 0.1 -5.9 2,065 2,001 2,035 2,326 -11.2

 Furniture and related products.................... 7,467 7,417 7,314 0.7 1.4 -0.3 7,370 7,324 7,092 6,960 5.9

 Miscellaneous durable goods..................... 23,029 23,041 22,941 -0.1 0.4 0.0 22,998 22,940 22,546 22,327 3.0

 Nondurable goods industries...................... 240,169 241,477 243,888 -0.5 -1.0 -0.7 240,109 238,727 236,296 249,702 -3.8

 Food products........................................ 53,177 53,119 52,956 0.1 0.3 -0.3 52,604 52,813 52,504 52,219 0.7

 Grain and oilseed milling........................ 5,988 5,856 5,784 2.3 1.2 -2.4 6,072 6,104 5,966 5,997 1.3

 Dairy products.................................... 8,301 8,372 8,333 -0.8 0.5 1.7 8,225 8,092 7,756 8,179 0.6

 Meat, poultry, and seafood products....... 8,741 8,755 8,707 -0.2 0.6 -1.4 8,616 8,579 8,443 9,499 -9.3

 Beverage and tobacco products................ 19,794 19,916 20,000 -0.6 -0.4 0.4 20,030 20,167 20,041 20,148 -0.6

 Beverages......................................... 15,649 15,743 15,802 -0.6 -0.4 0.6 15,732 15,759 15,678 15,754 -0.1

 Tobacco............................................ 4,145 4,173 4,198 -0.7 -0.6 0.0 4,298 4,408 4,363 4,394 -2.2

 Textile mills............................................ 3,277 3,255 3,238 0.7 0.5 -0.4 3,286 3,247 3,190 3,278 0.2

 Textile products...................................... 3,041 3,024 3,000 0.6 0.8 -0.4 3,053 3,034 2,919 3,004 1.6

 Apparel................................................. 2,844 2,828 2,803 0.6 0.9 2.0 2,799 2,824 2,624 2,527 10.8

 Leather and allied products....................... 850 856 858 -0.7 -0.2 0.0 831 856 845 852 -2.5

 Paper products....................................... 16,507 16,540 16,639 -0.2 -0.6 0.2 16,631 16,592 16,446 16,755 -0.7

 Pulp, paper, and paperboard mills........... 7,250 7,268 7,403 -0.2 -1.8 0.7 7,380 7,326 7,357 7,371 0.1

 Paperboard containers......................... 4,643 4,642 4,621 0.0 0.5 -0.5 4,664 4,658 4,593 4,756 -1.9

 Printing.................................................. 6,049 6,023 6,005 0.4 0.3 0.8 5,931 5,766 5,661 5,537 7.1

 Petroleum and coal products..................... 28,568 29,907 31,988 -4.5 -6.5 -4.5 27,542 27,760 29,140 37,014 -25.6

 Petroleum refineries............................. 24,059 25,440 27,480 -5.4 -7.4 -5.1 22,884 23,225 24,658 32,035 -28.6

 Chemical products..................................... 81,605 81,613 82,005 0.0 -0.5 -0.4 82,610 81,381 79,318 83,276 -0.8

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,703 4,658 4,646 1.0 0.3 -2.0 5,169 5,026 4,780 5,167 0.0

 Pharmaceuticals and medicines.............. 32,654 32,485 32,675 0.5 -0.6 -1.2 32,950 32,071 31,119 31,453 4.8

 Paints, coatings, and adhesives.............. 3,719 3,714 3,726 0.1 -0.3 1.0 3,832 3,738 3,566 3,873 -1.1

 Plastics and rubber products..................... 24,457 24,396 24,396 0.3 0.0 0.1 24,792 24,287 23,608 25,092 -1.2

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

1

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

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

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

See note at end of Table 2 relating to survey error and revision.
 6 

Table 5. Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for 

 Topical Series1, 2

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry % Change6

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2016/

2016p 2016r 2015 Feb. Jan. Dec. 2016p 2016r 2015 2015 2016p 2015 2015

SHIPMENTS

 All manufacturing industries................... 462,807 466,180 467,019 -0.7 -0.2 -1.4 444,589 418,892 460,778 445,006 863,481 882,835 -2.2

 Construction materials and supplies....... 47,028 46,888 47,115 0.3 -0.5 1.0 42,937 40,234 41,837 40,889 83,171 81,868 1.6

 Information technology......................... 23,533 23,766 24,105 -1.0 -1.4 -0.1 21,603 19,770 27,732 20,781 41,373 40,442 2.3

 Computers and related products........... 1,874 1,940 1,836 -3.4 5.7 -4.9 1,390 1,373 2,632 1,419 2,763 2,869 -3.7

 Motor vehicle and parts......................... 54,248 54,022 52,520 0.4 2.9 0.6 55,132 46,770 48,145 47,066 101,902 90,253 12.9

 Capital goods...................................... 84,595 86,925 85,186 -2.7 2.0 -5.0 79,701 72,520 94,568 80,169 152,221 155,405 -2.0

 Nondefense capital goods3

.................. 74,907 77,219 75,135 -3.0 2.8 -5.9 70,309 64,887 83,385 71,554 135,196 139,425 -3.0

 Excluding aircraft............................. 66,684 67,816 68,767 -1.7 -1.4 0.6 63,483 58,847 74,045 63,372 122,330 124,877 -2.0

 Defense capital goods4........................ 9,688 9,706 10,051 -0.2 -3.4 2.5 9,392 7,633 11,183 8,615 17,025 15,980 6.5

 Consumer goods.................................. 179,624 180,965 183,869 -0.7 -1.6 -1.4 173,658 166,728 181,449 179,460 340,386 355,352 -4.2

 Consumer durable goods..................... 37,147 37,312 36,521 -0.4 2.2 0.0 37,386 31,831 35,287 33,068 69,217 62,839 10.1

 Consumer nondurable goods................ 142,477 143,653 147,348 -0.8 -2.5 -1.7 136,272 134,897 146,162 146,392 271,169 292,513 -7.3

 All manufacturing industries5

................... 453,956 461,931 456,485 -1.7 1.2 -2.9 438,225 418,427 466,376 437,676 856,652 871,139 -1.7

 Construction materials and supplies....... 47,289 47,057 47,309 0.5 -0.5 1.5 43,749 40,813 41,610 41,279 84,562 82,628 2.3

 Information technology......................... 24,156 24,800 24,426 -2.6 1.5 -1.6 23,098 21,272 28,762 22,039 44,370 42,328 4.8

 Computers and related products........... 1,874 1,905 1,807 -1.6 5.4 -10.4 1,390 1,338 2,603 1,442 2,728 2,918 -6.5

 Motor vehicle and parts......................... 54,169 53,568 52,196 1.1 2.6 0.2 55,238 46,530 48,572 47,434 101,768 91,177 11.6

 Capital goods...................................... 79,782 88,751 74,348 -10.1 19.4 -17.4 75,513 75,736 96,212 78,573 151,249 151,500 -0.2

 Nondefense capital goods3

.................. 72,317 78,712 65,214 -8.1 20.7 -14.0 67,941 67,258 83,000 69,966 135,199 137,544 -1.7

 Excluding aircraft............................. 66,972 68,706 66,495 -2.5 3.3 -3.5 66,364 62,331 70,473 64,958 128,695 130,142 -1.1

 Defense capital goods4........................ 7,465 10,039 9,134 -25.6 9.9 -35.6 7,572 8,478 13,212 8,607 16,050 13,956 15.0

 Consumer goods.................................. 179,654 180,947 183,845 -0.7 -1.6 -1.4 173,841 166,817 181,375 179,539 340,658 355,667 -4.2

 Consumer durable goods..................... 37,177 37,294 36,497 -0.3 2.2 -0.1 37,569 31,920 35,213 33,147 69,489 63,154 10.0

 Consumer nondurable goods.............. 142,477 143,653 147,348 -0.8 -2.5 -1.7 136,272 134,897 146,162 146,392 271,169 292,513 -7.3

 All manufacturing industries5

................... 1,184,047 1,188,166 1,187,486 -0.3 0.1 -0.5 1,194,241 1,196,542 1,191,250 1,213,081 (X) (X) -1.6

 Construction materials and supplies....... 54,706 54,445 54,276 0.5 0.3 0.4 54,205 53,393 52,814 54,402 (X) (X) -0.4

 Information technology......................... 138,590 137,967 136,933 0.5 0.8 0.2 138,842 137,347 135,845 132,103 (X) (X) 5.1

 Computers and related products........... 2,618 2,618 2,653 0.0 -1.3 -1.1 2,618 2,618 2,653 2,521 (X) (X) 3.8

 Motor vehicle and parts......................... 20,764 20,843 21,297 -0.4 -2.1 -1.5 21,638 21,532 21,772 22,954 (X) (X) -5.7

 Capital goods...................................... 890,751 895,564 893,738 -0.5 0.2 -1.2 896,996 901,184 897,968 920,329 (X) (X) -2.5

 Nondefense capital goods3

.................. 742,216 744,806 743,313 -0.3 0.2 -1.3 748,218 750,586 748,215 767,113 (X) (X) -2.5

 Excluding aircraft............................. 245,380 245,092 244,202 0.1 0.4 -0.9 246,362 243,481 239,997 251,631 (X) (X) -2.1

 Defense capital goods4

........................ 148,535 150,758 150,425 -1.5 0.2 -0.6 148,778 150,598 149,753 153,216 (X) (X) -2.9

 Consumer goods.................................. 5,329 5,299 5,317 0.6 -0.3 -0.4 5,502 5,319 5,230 5,578 (X) (X) -1.4

 Consumer durable goods..................... 5,329 5,299 5,317 0.6 -0.3 -0.4 5,502 5,319 5,230 5,578 (X) (X) -1.4

 All manufacturing industries................... 634,282 636,867 640,210 -0.4 -0.5 -0.2 637,210 633,296 622,139 653,818 (X) (X) -2.5

 Construction materials and supplies....... 64,493 64,811 65,001 -0.5 -0.3 -0.1 65,637 64,989 63,401 66,820 (X) (X) -1.8

 Information technology......................... 37,461 37,680 37,930 -0.6 -0.7 -0.6 37,778 37,263 36,549 39,556 (X) (X) -4.5

 Computers and related products........... 3,532 3,549 3,485 -0.5 1.8 1.5 3,613 3,495 3,184 4,049 (X) (X) -10.8

 Motor vehicle and parts......................... 35,928 36,022 36,430 -0.3 -1.1 2.0 36,523 36,401 34,936 35,955 (X) (X) 1.6

 Capital goods...................................... 196,270 197,100 196,762 -0.4 0.2 0.4 196,890 195,260 190,203 199,522 (X) (X) -1.3

 Nondefense capital goods3

.................. 174,547 174,846 175,409 -0.2 -0.3 0.4 175,200 173,093 169,012 178,009 (X) (X) -1.6

 Excluding aircraft............................. 118,081 118,540 119,295 -0.4 -0.6 0.1 118,555 117,316 115,082 122,065 (X) (X) -2.9

 Defense capital goods4

........................ 21,723 22,254 21,353 -2.4 4.2 -0.1 21,690 22,167 21,191 21,513 (X) (X) 0.8

 Consumer goods.................................. 180,698 182,084 184,247 -0.8 -1.2 -0.8 180,018 179,922 177,795 185,402 (X) (X) -2.9

 Consumer durable goods..................... 30,273 30,372 30,281 -0.3 0.3 1.1 30,746 30,804 29,009 29,081 (X) (X) 5.7

 Consumer nondurable goods................ 150,425 151,712 153,966 -0.8 -1.5 -1.2 149,272 149,118 148,786 156,321 (X) (X) -4.5

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

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

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

2

 Topical series are regroupings of the separate industry categories.

3

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

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

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

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

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

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 

6

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

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

NEW ORDERS 

UNFILLED ORDERS 

TOTAL INVENTORIES 
 7

Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group1 

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry Feb.

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2016/

2016p 2016r 2015 Feb. Jan. Dec. 2016p 2016r 2015 2015 2015

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 209,455 210,408 210,935 -0.5 -0.2 -0.3 210,767 210,951 209,278 217,869 -3.3

 Durable goods industries.......................... 130,596 131,384 131,521 -0.6 -0.1 0.1 131,469 131,899 130,607 135,548 -3.0

 Wood products................................... 4,305 4,325 4,374 -0.5 -1.1 -0.5 4,422 4,481 4,473 4,512 -2.0

 Nonmetallic mineral products................. 4,991 5,050 4,983 -1.2 1.3 0.3 5,020 5,047 4,943 4,963 1.1

 Primary metals.................................... 13,308 13,300 13,406 0.1 -0.8 -1.3 13,305 13,573 13,827 15,358 -13.4

 Fabricated metal products........................ 17,136 17,218 17,344 -0.5 -0.7 -1.5 17,206 17,348 17,389 18,106 -5.0

 Machinery.......................................... 25,039 25,173 25,654 -0.5 -1.9 0.2 25,058 24,970 24,799 26,451 -5.3

 Computers and electronic products........ 18,876 18,692 18,738 1.0 -0.2 0.8 18,965 18,675 18,636 18,907 0.3

 Electrical equipment, appliances,

 and components............................... 6,094 6,154 6,292 -1.0 -2.2 -1.8 6,147 6,166 6,180 6,766 -9.1

 Transportation equipment..................... 29,472 29,966 29,294 -1.6 2.3 1.6 30,033 30,151 29,056 29,397 2.2

 Furniture and related products............... 3,799 3,850 3,770 -1.3 2.1 -0.6 3,781 3,849 3,725 3,650 3.6

 Miscellaneous products......................... 7,576 7,656 7,666 -1.0 -0.1 0.1 7,532 7,639 7,579 7,438 1.3

 Nondurable goods industries...................... 78,859 79,024 79,414 -0.2 -0.5 -1.0 79,298 79,052 78,671 82,321 -3.7

 Food products.................................... 17,776 17,755 17,779 0.1 -0.1 -1.0 17,744 17,989 18,170 17,870 -0.7

 Beverage and tobacco products................. 5,056 5,096 5,081 -0.8 0.3 -1.2 5,232 5,279 5,176 5,334 -1.9

 Textiles.............................................. 1,203 1,199 1,199 0.3 0.0 0.8 1,201 1,193 1,188 1,164 3.2

 Textile products................................... 1,148 1,139 1,134 0.8 0.4 -0.2 1,149 1,139 1,125 1,172 -2.0

 Apparel............................................. 870 864 874 0.7 -1.1 -1.9 842 844 838 804 4.7

 Leather and allied products.................... 255 250 255 2.0 -2.0 -0.4 249 247 258 244 2.0

 Paper products.................................... 8,522 8,517 8,595 0.1 -0.9 0.6 8,591 8,572 8,565 8,619 -0.3

 Printing ............................................. 2,742 2,787 2,775 -1.6 0.4 0.7 2,700 2,724 2,654 2,733 -1.2

 Petroleum and coal products................. 6,440 6,710 7,141 -4.0 -6.0 -8.6 6,366 6,239 6,471 8,548 -25.5

 Chemical products................................ 25,221 24,997 24,887 0.9 0.4 0.5 25,533 25,030 24,591 25,724 -0.7

 Plastics and rubber products.................. 9,626 9,710 9,694 -0.9 0.2 -0.5 9,691 9,796 9,635 10,109 -4.1

WORK IN PROCESS

 All manufacturing industries....................... 198,790 199,127 200,764 -0.2 -0.8 0.1 199,587 197,766 194,507 205,160 -2.7

 Durable goods industries.......................... 154,268 154,531 154,684 -0.2 -0.1 0.4 154,643 153,443 149,627 156,872 -1.4

 Wood products................................... 2,401 2,421 2,404 -0.8 0.7 2.4 2,440 2,430 2,332 2,297 6.2

 Nonmetallic mineral products................. 1,552 1,540 1,524 0.8 1.0 0.5 1,611 1,546 1,454 1,497 7.6

 Primary metals.................................... 9,610 9,802 10,308 -2.0 -4.9 -3.1 9,733 9,827 9,965 12,112 -19.6

 Fabricated metal products........................ 12,993 12,949 12,986 0.3 -0.3 0.0 12,990 12,818 12,671 13,246 -1.9

 Machinery.......................................... 19,782 20,089 19,467 -1.5 3.2 0.6 19,884 19,912 18,352 19,818 0.3

 Computers and electronic products........ 14,961 15,036 15,053 -0.5 -0.1 1.4 14,974 14,653 14,279 15,083 -0.7

 Electrical equipment, appliances,

 and components............................... 3,759 3,777 3,766 -0.5 0.3 1.5 3,760 3,764 3,628 3,902 -3.6

 Transportation equipment..................... 83,983 83,786 84,149 0.2 -0.4 0.7 84,038 83,434 82,096 84,264 -0.3

 Furniture and related products............... 1,132 1,078 1,062 5.0 1.5 -0.4 1,126 1,078 1,050 1,037 8.6

 Miscellaneous products......................... 4,095 4,053 3,965 1.0 2.2 -0.2 4,087 3,981 3,800 3,616 13.0

 Nondurable goods industries...................... 44,522 44,596 46,080 -0.2 -3.2 -1.0 44,944 44,323 44,880 48,288 -6.9

 Food products.................................... 5,638 5,671 5,671 -0.6 0.0 0.0 5,716 5,987 6,112 5,512 3.7

 Beverage and tobacco products................. 7,088 7,041 7,034 0.7 0.1 -0.3 7,355 7,391 7,511 7,356 0.0

 Textiles.............................................. 766 754 750 1.6 0.5 -1.7 765 750 727 790 -3.2

 Textile products................................... 477 470 463 1.5 1.5 0.7 482 470 435 447 7.8

 Apparel............................................. 325 321 329 1.2 -2.4 1.2 313 306 292 329 -4.9

 Leather and allied products.................... 98 104 98 -5.8 6.1 -3.0 98 106 96 96 2.1

 Paper products.................................... 1,306 1,308 1,308 -0.2 0.0 -2.3 1,310 1,310 1,276 1,311 -0.1

 Printing ............................................. 1,565 1,491 1,518 5.0 -1.8 1.2 1,569 1,387 1,394 1,266 23.9

 Petroleum and coal products................. 7,357 7,683 8,153 -4.2 -5.8 -1.7 7,177 6,840 7,173 10,301 -30.3

 Chemical products................................ 17,094 17,025 18,037 0.4 -5.6 -1.6 17,314 17,036 17,256 18,207 -4.9

 Plastics and rubber products.................. 2,808 2,728 2,719 2.9 0.3 -0.3 2,845 2,740 2,608 2,673 6.4

FINISHED GOODS

 All manufacturing industries....................... 226,037 227,332 228,511 -0.6 -0.5 -0.3 226,856 224,579 218,354 230,789 -1.7

 Durable goods industries.......................... 109,249 109,475 110,117 -0.2 -0.6 -0.1 110,989 109,227 105,609 111,696 -0.6

 Wood products................................... 4,403 4,451 4,464 -1.1 -0.3 -1.1 4,645 4,511 4,259 4,629 0.3

 Nonmetallic mineral products................. 6,470 6,513 6,608 -0.7 -1.4 0.4 6,685 6,578 6,418 6,883 -2.9

 Primary metals.................................... 10,234 10,479 10,562 -2.3 -0.8 -1.8 10,424 10,561 10,518 12,520 -16.7

 Fabricated metal products........................ 18,076 18,240 18,389 -0.9 -0.8 -0.2 18,386 18,296 17,857 18,335 0.3

 Machinery.......................................... 20,622 20,480 21,063 0.7 -2.8 0.4 20,927 20,383 20,445 21,057 -0.6

 Computers and electronic products........ 11,275 11,200 11,048 0.7 1.4 -3.0 11,499 11,083 10,617 11,594 -0.8

 Electrical equipment, appliances,

 and components............................... 6,127 6,145 6,169 -0.3 -0.4 -0.5 6,147 6,055 5,763 6,030 1.9

 Transportation equipment..................... 18,148 18,146 18,022 0.0 0.7 2.5 18,434 18,043 16,248 17,102 7.8

 Furniture and related products............... 2,536 2,489 2,482 1.9 0.3 0.2 2,463 2,397 2,317 2,273 8.4

 Miscellaneous products......................... 11,358 11,332 11,310 0.2 0.2 0.1 11,379 11,320 11,167 11,273 0.9

 Nondurable goods industries...................... 116,788 117,857 118,394 -0.9 -0.5 -0.4 115,867 115,352 112,745 119,093 -2.7

 Food products.................................... 29,763 29,693 29,506 0.2 0.6 0.0 29,144 28,837 28,222 28,837 1.1

 Beverage and tobacco products................. 7,650 7,779 7,885 -1.7 -1.3 2.3 7,443 7,497 7,354 7,458 -0.2

 Textiles.............................................. 1,308 1,302 1,289 0.5 1.0 -0.8 1,320 1,304 1,275 1,324 -0.3

 Textile products................................... 1,416 1,415 1,403 0.1 0.9 -1.0 1,422 1,425 1,359 1,385 2.7

 Apparel............................................. 1,649 1,643 1,600 0.4 2.7 4.4 1,644 1,674 1,494 1,394 17.9

 Leather and allied products.................... 497 502 505 -1.0 -0.6 0.8 484 503 491 512 -5.5

 Paper products.................................... 6,679 6,715 6,736 -0.5 -0.3 0.2 6,730 6,710 6,605 6,825 -1.4

 Printing ............................................. 1,742 1,745 1,712 -0.2 1.9 0.7 1,662 1,655 1,613 1,538 8.1

 Petroleum and coal products................. 14,771 15,514 16,694 -4.8 -7.1 -4.0 13,999 14,681 15,496 18,165 -22.9

 Chemical products................................ 39,290 39,591 39,081 -0.8 1.3 -0.3 39,763 39,315 37,471 39,345 1.1

 Plastics and rubber products.................. 12,023 11,958 11,983 0.5 -0.2 0.6 12,256 11,751 11,365 12,310 -0.4

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

1

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

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

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

See note at end of Table 2 relating to survey error and revisions.
 8

Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group 1

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

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Feb Jan Dec Nov Feb Jan Dec Nov

2016p 2016r 2015 2015 2016p 2016r 2015 2015

All manufacturing industries3............................ 1.37 1.37 1.37 1.35 (X) (X) (X) (X)

Durable goods industries3.................................. 1.66 1.65 1.67 1.64 7.02 6.96 7.08 6.94

 Wood products.............................................. 1.32 1.35 1.33 1.36 (X) (X) (X) (X)

 Nonmetallic mineral products......................... 1.30 1.33 1.33 1.33 (X) (X) (X) (X)

 Primary metals.............................................. 1.74 1.75 1.79 1.78 1.84 1.81 1.81 1.77

 Fabricated metal products.............................. 1.62 1.61 1.64 1.66 2.85 2.82 2.84 2.85

 Machinery..................................................... 2.04 2.01 2.00 2.04 3.61 3.57 3.56 3.70

 Computers and electronic products3

................ 1.53 1.51 1.50 1.49 6.01 5.97 5.89 5.86

 Electrical equipment, appliances,

 and components........................................ 1.68 1.65 1.63 1.65 2.62 2.53 2.42 2.41

 Transportation equipment.............................. 1.67 1.65 1.74 1.62 15.04 14.88 15.85 14.58

 Furniture and related products........................ 1.16 1.14 1.13 1.13 1.42 1.39 1.38 1.39

 Miscellaneous products.................................. 1.62 1.61 1.56 1.56 (X) (X) (X) (X)

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

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

 Beverage and tobacco products...................... 1.59 1.60 1.60 1.56 (X) (X) (X) (X)

 Textiles........................................................ 1.31 1.29 1.28 1.26 (X) (X) (X) (X)

 Textile products............................................ 1.58 1.55 1.57 1.53 (X) (X) (X) (X)

 Apparel......................................................... 2.48 2.47 2.40 2.34 (X) (X) (X) (X)

 Leather and allied products............................. 2.09 2.01 2.05 2.04 (X) (X) (X) (X)

 Paper products.............................................. 1.03 1.03 1.04 1.03 (X) (X) (X) (X)

 Printing......................................................... 0.84 0.83 0.82 0.82 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.82 0.85 0.80 0.80 (X) (X) (X) (X)

 Chemical products......................................... 1.27 1.27 1.28 1.28 (X) (X) (X) (X)

 Plastics and rubber products........................... 1.28 1.28 1.29 1.30 (X) (X) (X) (X)

X Not Applicable p

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

2

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

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

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

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

trucks; and miscellaneous furniture.

3 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

Feb3 Feb3 Feb3 Feb3

Industry 2015- 2015- 2015- 2015-

Feb2 Jan Feb2 Jan Feb2 Jan Feb2 Jan

2016 2016 2016 2016 2016 2016 2016 2016

 

All manufacturing industries.................. (X) 0.2 (X) 0.3 (X) 0.0 (X) 0.1

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

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

 Nonmetallic mineral products.............. (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

 Primary metals.................................... 0.1 0.6 0.1 1.0 0.0 0.4 -0.1 0.5

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

 Machinery.......................................... -0.5 0.8 -0.8 1.0 0.1 0.1 -0.2 0.2

 Computers and electronic products..... -0.5 0.3 -0.8 0.5 -0.1 0.1 0.0 0.3

 Electrical equipment, appliances,

 and components............................. -0.2 0.3 -0.8 1.2 0.1 0.4 0.0 0.3

 Transportation equipment.................... 0.0 0.4 0.0 1.1 0.0 0.1 0.1 0.2

 Furniture and related products............. (X) 0.4 (X) 0.2 (X) 0.3 (X) 0.3

 Miscellaneous products...................... (X) 0.5 (X) 0.5 (X) 0.5 (X) 0.2

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

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

 Beverage and tobacco products............ (X) 0.6 (X) (NA) (X) (NA) (X) 0.2

 Textiles............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

 Textile products.................................. (X) 1.4 (X) (NA) (X) (NA) (X) 0.4

 Apparel.............................................. (X) 1.2 (X) (NA) (X) (NA) (X) 1.0

 Leather and allied products.................... (X) 1.9 (X) (NA) (X) (NA) (X) 0.5

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

 Printing.............................................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.5

 Petroleum and coal products................. (X) 0.6 (X) (NA) (X) (NA) (X) 1.1

 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 NA Not Available

1

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

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

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

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

for price changes.

2

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

 publication.

3

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

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

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

Table 8. Revisions to Previously Published Monthly Percent Changes 1

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

Shipments New Orders Unfilled Orders Inventories
9 

Survey Description 

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

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

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

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

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

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

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

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

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

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

category. 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Benchmark notice 

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

issued on May 18, 2016. These revisions result from: 

 benchmarking the 2008-2011 Annual Survey of Manufactures (ASM) shipments and inventories 

data to the revised 2012 Economic Census data on a 2007 North American Industry 

Classification System (NAICS) basis; 

 benchmarking the M3 shipments and inventories data to the 2014 ASM and revised 2013 ASM 

data, as well as the revised 2012 Economic Census data, on a 2012 NAICS basis, and ASM 

benchmarks for prior years on a 2007 NAICS basis; 

 incorporating the unfilled orders to shipments ratios obtained from the 2014/2013 Manufacturers’ 

Unfilled Orders (M3UFO) Survey by applying these ratios to the respective ASM shipments 

data, as well as incorporating revised unfilled orders to shipments ratios for prior years by 

applying them to the respective Census or ASM shipments data; 

 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 will span the seasonally adjusted data for January 1997 through March 2016 and the data 

not seasonally adjusted for January 2001 through March 2016. An updated Press Release will contain 

revised monthly tables for January 2016 through March 2016. Please call M3 staff on (301) 763-4832 

with any questions.