FOR IMMEDIATE RELEASE 

WEDNESDAY, JULY 2, 2014, AT 10:00 A.M. EDT 

Chris Savage or Adriana Stoica 

Manufacturing and Construction Division 

(301) 763-4832 

M3-2 (14)-05 

CB14-117 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

May 2014 

Summary 

 New orders for manufactured goods in May, down 

following three consecutive monthly increases, 

decreased $2.6 billion or 0.5 percent to $497.7 billion, 

the U.S. Census Bureau reported today. This followed a 

0.8 percent April increase. Excluding transportation, 

new orders decreased 0.1 percent. 

 Shipments, up four consecutive months, increased $0.3 

billion or 0.1 percent to $498.3 billion. This was at the 

highest level since the series was first published on a 

NAICS basis in 1992 and followed a 0.4 percent April 

increase. 

 Unfilled orders, up thirteen of the last fourteen months, 

increased $6.7 billion or 0.6 percent to $1,087.4 billion. 

This was also at the highest level since the series was 

first published on a NAICS basis and followed a 0.9 

percent April increase. The unfilled orders-to-shipments 

ratio was 6.51, up from 6.47 in April. 

 Inventories, up eighteen of the last nineteen months, 

increased $5.0 billion or 0.8 percent to $651.5 billion. 

This was also at the highest level since the series was 

first published on a NAICS basis and followed a 0.5 

percent April increase. The inventories-to-shipments 

ratio was 1.31, up from 1.30 in April. 

New Orders 

 New orders for manufactured durable goods in May, 

down following three consecutive monthly increases, 

decreased $2.2 billion or 0.9 percent to $238.3 billion, 

revised from the previously published 1.0 percent 

decrease. This followed a 0.9 percent April increase. 

 Transportation equipment, also down following three 

consecutive monthly increases, drove the decrease, $2.2 

billion or 2.9 percent to $74.5 billion. 

 New orders for manufactured nondurable goods 

decreased $0.5 billion or 0.2 percent to $259.3 billion. 

 

Shipments 

 Shipments of manufactured durable goods in May, up 

four consecutive months, increased $0.8 billion or 0.3 

percent to $238.9 billion, unchanged from the previously 

published increase. This was at the highest level since 

the series was published on a NAICS basis and followed 

a 0.1 percent April increase. 

 Primary metals, up three consecutive months, led the 

increase, $0.4 billion or 1.5 percent to $27.0 billion. 

 Shipments of manufactured nondurable goods, down 

two of the last three months, decreased $0.5 billion or 

0.2 percent to $259.3 billion. This followed a 0.7 

percent April increase. Chemical products, down four of 

the last five months, drove the decrease, $0.7 billion or 

1.0 percent to $62.6 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

May, up thirteen of the last fourteen months, increased 

$6.7 billion or 0.6 percent to $1,087.4 billion, unchanged 

from the previously published increase. This was at the 

highest level since the series was first published on a 

NAICS basis and followed a 0.9 percent April increase. 

 

 Transportation equipment, up eight of the last nine 

months, led the increase, $4.6 billion or 0.7 percent to 

$675.8 billion. 

Inventories 

 Inventories of manufactured durable goods in May, up 

thirteen of the last fourteen months, increased $3.6 

billion or 0.9 percent to $397.5 billion, revised from the 

previously published 1.0 percent increase. This was at 

the highest level since the series was first published on a 

NAICS basis and followed a 0.2 percent April increase. 

 

 Transportation equipment, also up thirteen of the last 

fourteen months, led the increase, $1.3 billion or 1.1 

percent to $127.7 billion. 

 Inventories of manufactured nondurable goods, up five 

consecutive months, increased $1.5 billion or 0.6 percent 

to $254.0 billion. This was at the highest level since the 

series was first published on a NAICS basis and 

followed a 0.8 percent April increase. Petroleum and 

coal products, up three of the last four months, led the 

increase, $0.7 billion or 1.4 percent to $50.1 billion. 

 By stage of fabrication, May materials and supplies 

increased 0.8 percent in durable goods and 0.4 percent in 

nondurable goods. Work in process increased 1.4 

percent in durable goods and 1.0 percent in nondurable 

goods. Finished goods increased 0.3 percent in durable 

goods and 0.5 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 June is scheduled 

for release on July 25, 2014, at 8:30 a.m. EDT and the Full Report on August 5, 2014, 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. The U.S. Census Bureau updated its Application Programming Interface (API) with monthly and 

quarterly economic indicators. The API allows developers to combine Census Bureau statistics with other data sets to create tools for 

research on a variety of topics. 
 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

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2014/

2014p 2014r 2014 May Apr. Mar. 2014p 2014r 2014 2013 2014p 2013 2013

 All manufacturing industries.................. 498,282 497,946 495,965 0.1 0.4 0.4 511,869 502,375 517,540 502,851 2,447,795 2,394,354 2.2

 Excluding transportation................... 428,329 428,148 425,763 0.0 0.6 0.3 440,145 433,559 440,541 430,667 2,104,957 2,061,946 2.1

 Excluding defense.............................. 486,660 486,099 484,093 0.1 0.4 0.3 500,276 491,464 503,994 490,853 2,391,051 2,336,385 2.3

 With unfilled orders............................ 167,112 167,035 166,823 0.0 0.1 1.6 170,855 165,361 179,785 167,099 815,819 787,315 3.6

 Durable goods industries......................... 238,933 238,106 237,969 0.3 0.1 1.4 243,421 238,822 253,707 237,367 1,165,506 1,124,121 3.7

 Wood products....................................... 8,236 8,091 7,703 1.8 5.0 3.4 9,121 8,707 7,596 8,096 38,476 35,301 9.0

 Nonmetallic mineral products.................... 8,979 9,065 8,836 -0.9 2.6 0.8 9,571 9,260 8,477 9,071 42,141 39,360 7.1

 Primary metals....................................... 26,974 26,565 26,156 1.5 1.6 1.4 27,929 27,629 27,312 25,826 133,838 127,167 5.2

 Iron and steel mills............................ 10,949 10,855 10,718 0.9 1.3 0.3 11,484 11,456 11,272 10,657 55,236 53,864 2.5

 Aluminum and nonferrous metals.......... 14,303 14,001 13,716 2.2 2.1 2.4 14,636 14,371 14,179 13,404 69,876 64,580 8.2

 Ferrous metal foundries....................... 1,722 1,709 1,722 0.8 -0.8 0.8 1,809 1,802 1,861 1,765 8,726 8,723 0.0

 Fabricated metal products....................... 29,620 29,424 29,554 0.7 -0.4 0.4 30,654 30,003 30,154 30,386 145,189 142,924 1.6

 Machinery............................................. 36,123 35,879 36,274 0.7 -1.1 3.0 37,276 36,412 40,115 35,925 177,277 171,051 3.6

 Farm machinery................................. 1,788 1,694 2,028 5.5 -16.5 2.2 1,913 2,296 2,851 2,181 11,246 12,558 -10.4

 Construction machinery..................... 4,779 4,720 4,863 1.3 -2.9 4.7 4,822 4,810 5,179 4,782 22,823 23,650 -3.5

 Mining, oil field, and 

 gas field machinery.......................... 2,401 2,444 2,283 -1.8 7.1 5.6 2,336 2,301 2,449 2,057 11,133 10,467 6.4

 Industrial machinery.......................... 4,800 4,907 4,769 -2.2 2.9 7.4 4,783 4,563 5,795 3,776 22,425 17,432 28.6

 Photographic equipment...................... 701 697 669 0.6 4.2 -6.6 682 627 731 668 3,325 3,130 6.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,742 3,684 3,697 1.6 -0.4 1.4 4,198 3,695 3,686 4,134 17,516 17,341 1.0

 Metalworking machinery..................... 3,151 3,148 3,320 0.1 -5.2 5.9 3,138 3,028 3,480 3,116 15,198 14,284 6.4

 Turbines, generators, and other

 power transmission equipment....... 3,972 3,809 4,020 4.3 -5.2 4.2 4,162 3,920 4,252 4,398 19,450 20,218 -3.8

 Material handling equipment............... 2,992 3,017 2,919 -0.8 3.4 -2.0 3,030 2,918 3,076 2,893 14,588 13,629 7.0

 Computers and electronic products2.......... 28,498 28,868 28,804 -1.3 0.2 1.2 26,192 28,251 30,974 25,663 136,838 131,334 4.2

 Computers........................................ 454 457 432 -0.7 5.8 0.5 423 373 504 488 2,000 2,543 -21.4

 Computer storage devices..................... 927 1,009 981 -8.1 2.9 10.6 689 607 1,510 698 4,155 4,064 2.2

 Other peripheral equipment................ 911 948 809 -3.9 17.2 -3.0 829 769 963 734 3,720 3,414 9.0

 Nondefense communications

 equipment.................................... 3,337 3,411 3,436 -2.2 -0.7 3.9 3,241 2,935 4,016 3,513 15,911 16,517 -3.7

 Defense communications equipment.... 342 433 350 -21.0 23.7 -18.2 345 441 357 444 1,921 2,120 -9.4

 Audio and video equipment.................... 419 402 411 4.2 -2.2 10.5 386 311 424 255 1,695 1,134 49.5

 Electronic components......................... 3,511 3,498 3,421 0.4 2.3 -1.4 3,590 3,329 3,625 3,522 16,837 16,655 1.1

 Nondefense search and navigation

 equipment...................................... 1,405 1,338 1,372 5.0 -2.5 1.6 1,389 1,196 1,595 1,294 6,592 6,268 5.2

 Defense search and navigation

 equipment..................................... 2,847 2,858 2,877 -0.4 -0.7 1.5 2,753 2,614 3,143 2,740 13,665 13,913 -1.8

 Electromedical, measuring,

 and control instruments................. 6,760 6,599 6,668 2.4 -1.0 2.2 6,668 6,042 7,765 6,069 31,931 29,969 6.5

 Electrical equipment, appliances, 

 and components................................... 10,206 10,166 10,329 0.4 -1.6 1.7 10,524 10,011 11,029 10,758 50,067 50,640 -1.1

 Electric lighting equipment..................... 869 857 918 1.4 -6.6 7.5 830 818 980 782 4,218 3,989 5.7

 Household appliances........................ 1,731 1,710 1,739 1.2 -1.7 2.0 1,862 1,791 1,896 1,791 8,495 8,108 4.8

 Electrical equipment............................ 3,305 3,324 3,400 -0.6 -2.2 2.1 3,426 3,126 3,806 3,513 16,375 16,446 -0.4

 Batteries........................................... 1,028 1,010 1,022 1.8 -1.2 -0.2 978 977 977 958 4,700 4,479 4.9

 Transportation equipment........................ 69,953 69,798 70,202 0.2 -0.6 1.0 71,724 68,816 76,999 72,184 342,838 332,408 3.1

 Automobiles..................................... 9,314 8,610 9,122 8.2 -5.6 -6.5 9,686 8,356 9,577 10,920 46,007 53,353 -13.8

 Light trucks and utility vehicles.............. 14,138 14,080 13,926 0.4 1.1 4.0 14,589 14,361 15,029 13,452 68,369 62,434 9.5

 Heavy duty trucks ............................. 2,561 2,488 2,485 2.9 0.1 5.8 2,738 2,514 2,633 2,485 12,218 11,143 9.6

 Motor vehicle bodies, parts, 

 and trailers.................................... 20,950 20,820 20,743 0.6 0.4 0.0 22,161 21,438 21,973 20,843 104,798 97,148 7.9

 Nondefense aircraft and parts................ 11,200 11,890 12,053 -5.8 -1.4 4.0 10,526 10,750 14,101 12,259 54,279 50,127 8.3

 Defense aircraft and parts.................. 4,628 4,676 4,704 -1.0 -0.6 7.3 4,608 4,151 5,650 4,550 21,929 22,255 -1.5

 Ships and boats................................. 2,211 2,367 2,336 -6.6 1.3 2.2 2,356 2,451 2,571 2,593 11,476 11,975 -4.2

 Furniture and related products.................. 5,609 5,709 5,652 -1.8 1.0 0.0 5,678 5,618 5,730 5,695 27,748 27,247 1.8

 Miscellaneous durable goods................. 14,735 14,541 14,459 1.3 0.6 0.8 14,752 14,115 15,321 13,763 71,094 66,689 6.6

 Nondurable goods industries..................... 259,349 259,840 257,996 -0.2 0.7 -0.5 268,448 263,553 263,833 265,484 1,282,289 1,270,233 0.9

 Food products....................................... 65,882 65,997 65,910 -0.2 0.1 0.8 65,518 64,818 66,801 61,641 322,284 304,611 5.8

 Grain and oilseed milling....................... 7,915 7,838 7,888 1.0 -0.6 0.2 7,319 7,485 7,867 7,473 38,175 40,279 -5.2

 Dairy products.................................. 9,774 9,778 9,631 0.0 1.5 1.0 9,917 9,718 9,760 8,772 47,231 41,693 13.3

 Meat, poultry, and seafood products... 19,954 20,068 19,808 -0.6 1.3 1.8 20,358 19,952 19,752 18,200 97,345 87,782 10.9

 Beverage and tobacco products................ 11,835 12,080 11,826 -2.0 2.1 2.7 12,742 12,078 11,828 13,357 57,587 57,998 -0.7

 Beverages......................................... 8,622 8,666 8,717 -0.5 -0.6 0.1 9,529 8,664 8,719 9,608 42,151 41,915 0.6

 Tobacco............................................ 3,213 3,414 3,109 -5.9 9.8 11.1 3,213 3,414 3,109 3,749 15,436 16,083 -4.0

 Textile mills........................................... 2,680 2,696 2,699 -0.6 -0.1 1.8 2,821 2,752 2,825 2,770 13,413 13,057 2.7

 Textile products................................... 2,011 2,019 2,029 -0.4 -0.5 -0.7 2,112 2,090 2,124 2,148 10,085 10,180 -0.9

 Apparel................................................ 1,199 1,160 1,145 3.4 1.3 0.4 1,108 1,056 1,091 1,021 5,370 5,171 3.8

 Leather and allied products...................... 501 499 489 0.4 2.0 1.2 510 503 501 487 2,450 2,393 2.4

 Paper products...................................... 14,571 14,535 14,406 0.2 0.9 0.1 14,576 14,426 14,481 14,431 70,970 70,289 1.0

 Pulp, paper, and paperboard mills....... 6,864 6,831 6,724 0.5 1.6 0.4 6,791 6,735 6,775 6,642 33,217 32,995 0.7

 Paperboard containers........................ 4,460 4,439 4,412 0.5 0.6 -0.3 4,494 4,473 4,429 4,466 21,796 21,188 2.9

 Printing................................................. 6,397 6,445 6,437 -0.7 0.1 1.0 6,738 6,702 6,586 6,976 31,878 32,961 -3.3

 Petroleum and coal products.................. 72,647 72,247 71,434 0.6 1.1 -2.7 76,902 73,722 71,441 74,832 356,138 358,948 -0.8

 Petroleum refineries.......................... 69,126 68,752 67,849 0.5 1.3 -2.9 73,175 70,293 68,069 71,218 339,915 342,854 -0.9

 Chemical products..................................... 62,572 63,227 62,576 -1.0 1.0 -0.7 65,446 65,803 66,458 68,162 317,333 322,310 -1.5

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,659 2,799 2,694 -5.0 3.9 -1.4 3,776 3,993 3,709 3,900 16,647 16,399 1.5

 Pharmaceuticals and medicines............. 15,028 15,326 14,995 -1.9 2.2 0.2 15,052 15,675 15,171 16,174 74,572 76,230 -2.2

 Paints, coatings, and adhesives.......... 3,056 3,169 3,108 -3.6 2.0 2.5 3,416 3,468 3,240 3,561 15,556 15,513 0.3

 Plastics and rubber products.................. 19,054 18,935 19,045 0.6 -0.6 0.5 19,975 19,603 19,697 19,659 94,781 92,315 2.7

p

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

1

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

estimates of shipments and new orders include adjusted data for 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 no longer shown separately, but 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

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2014/

2014p 2014r 2014 May Apr. Mar. 2014p 2014r 2014 2013 2014p 2013 2013

All manufacturing industries2........................ 497,680 500,321 496,416 -0.5 0.8 1.5 508,120 498,136 519,578 501,389 2,442,466 2,383,165 2.5

 Excluding transportation2...................... 423,158 423,598 421,050 -0.1 0.6 0.8 435,670 429,141 439,197 427,233 2,092,615 2,053,316 1.9

 Excluding defense2.............................. 486,098 484,948 484,853 0.2 0.0 1.1 498,683 484,764 505,264 493,580 2,387,974 2,336,886 2.2

 With unfilled orders2............................. 173,781 177,010 175,006 -1.8 1.1 4.8 172,701 170,487 188,603 171,262 847,501 809,507 4.7

 Durable goods industries2......................... 238,331 240,481 238,420 -0.9 0.9 3.7 239,672 234,583 255,745 235,905 1,160,177 1,112,932 4.2

 Primary metals........................................ 27,299 26,753 26,590 2.0 0.6 2.8 27,609 27,761 28,054 26,503 136,334 130,624 4.4

 Iron and steel mills.............................. 11,348 11,049 11,029 2.7 0.2 2.9 11,305 11,350 11,875 10,814 56,880 56,047 1.5

 Aluminum and nonferrous metals.......... 14,235 13,997 13,796 1.7 1.5 2.6 14,528 14,624 14,298 13,994 70,399 65,897 6.8

 Ferrous metal foundries....................... 1,716 1,707 1,765 0.5 -3.3 3.2 1,776 1,787 1,881 1,695 9,055 8,680 4.3

 Fabricated metal products........................ 29,971 29,821 28,874 0.5 3.3 0.3 31,133 30,620 31,501 30,632 149,347 154,242 -3.2

 Machinery............................................. 36,766 36,873 37,773 -0.3 -2.4 4.3 37,753 38,445 41,117 35,687 187,314 175,159 6.9

 Construction machinery........................ 5,404 5,399 5,651 0.1 -4.5 9.3 5,328 5,622 6,099 4,600 27,470 24,254 13.3

 Mining, oil field, and

 gas field machinery.......................... 2,034 2,250 2,245 -9.6 0.2 -3.3 2,059 2,019 2,183 2,236 11,467 11,146 2.9

 Industrial machinery............................ 4,920 5,023 5,001 -2.1 0.4 16.4 4,798 5,098 6,041 3,647 22,932 17,722 29.4

 Photographic equipment....................... 674 670 585 0.6 14.5 -4.3 683 757 518 601 3,325 3,598 -7.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 3,739 3,806 3,702 -1.8 2.8 -0.8 4,293 3,958 3,452 4,316 18,416 17,544 5.0

 Metalworking machinery....................... 3,095 3,152 3,207 -1.8 -1.7 1.6 3,018 3,123 3,213 3,040 15,326 14,322 7.0

 Turbines, generators, and other 

 power transmission equipment........... 4,278 3,999 4,537 7.0 -11.9 8.6 4,343 4,048 4,707 4,084 21,057 20,550 2.5

 Material handling equipment.................. 2,904 2,916 3,190 -0.4 -8.6 6.9 2,933 2,958 3,568 3,182 15,367 14,834 3.6

 Computers and electronic products2........... 21,687 22,136 22,533 -2.0 -1.8 7.2 20,365 20,298 25,932 20,934 104,391 101,562 2.8

 Computers........................................ 798 404 456 97.5 -11.4 7.3 767 320 528 494 2,124 2,780 -23.6

 Nondefense communications

 equipment...................................... 3,345 3,793 4,377 -11.8 -13.3 11.9 3,098 3,576 4,925 4,630 18,843 19,489 -3.3

 Defense communications equipment....... 336 474 265 -29.1 78.9 -18.7 277 460 357 320 1,675 1,815 -7.7

 Electronic components......................... 3,552 3,523 3,455 0.8 2.0 -2.8 3,586 3,447 3,523 3,454 17,159 17,129 0.2

 Nondefense search and navigation

 equipment...................................... 1,718 1,582 1,707 8.6 -7.3 4.8 1,694 1,851 1,783 1,555 8,377 7,991 4.8

 Defense search and navigation

 equipment...................................... 2,739 2,978 3,138 -8.0 -5.1 44.1 2,359 2,671 3,614 2,115 12,770 11,746 8.7

 Electromedical, measuring,

 and control instruments..................... 6,628 6,708 6,619 -1.2 1.3 0.6 6,396 6,017 8,013 6,398 32,473 30,644 6.0

 Electrical equipment, appliances, 

 and components................................... 10,473 10,713 10,603 -2.2 1.0 3.5 11,047 10,441 11,268 11,219 52,478 51,999 0.9

 Electric lighting equipment..................... 890 904 797 -1.5 13.4 -9.2 858 868 879 812 4,249 4,048 5.0

 Household appliances.......................... 1,740 1,799 1,762 -3.3 2.1 5.8 1,929 1,860 1,890 1,827 8,640 8,160 5.9

 Electrical equipment............................ 3,352 3,350 3,529 0.1 -5.1 3.8 3,521 3,260 3,880 3,621 17,172 17,029 0.8

 Transportation equipment........................ 74,522 76,723 75,366 -2.9 1.8 5.2 72,450 68,995 80,381 74,156 349,851 329,849 6.1

 Motor vehicle bodies, parts, 

 and trailers..................................... 20,973 20,866 20,799 0.5 0.3 0.5 22,130 21,249 21,900 20,744 105,030 97,241 8.0

 Nondefense aircraft and parts................ 14,978 15,594 16,840 -4.0 -7.4 12.3 12,193 8,968 16,880 17,145 61,345 60,129 2.0

 Defense aircraft and parts.................... 4,890 4,619 4,017 5.9 15.0 -9.6 4,078 3,384 4,774 2,926 19,650 15,660 25.5

 Ships and boats.................................. 2,755 5,413 3,479 -49.1 55.6 105.9 2,729 5,601 3,839 2,265 15,599 8,450 84.6

 Furniture and related products................... 5,647 5,725 5,739 -1.4 -0.2 1.9 5,855 5,901 6,154 5,835 28,832 28,146 2.4

 Nondurable goods industries..................... 259,349 259,840 257,996 -0.2 0.7 -0.5 268,448 263,553 263,833 265,484 1,282,289 1,270,233 0.9

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 May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2014/

2014p 2014r 2014 May Apr. Mar. 2014p 2014r 2014 2013 2013

All manufacturing industries2...................... 1,087,371 1,080,702 1,070,727 0.6 0.9 0.8 1,091,960 1,090,114 1,084,988 1,013,056 7.8

 Excluding transportation2...................... 411,602 409,502 406,452 0.5 0.8 0.7 418,506 417,386 412,439 396,086 5.7

 Excluding defense2............................. 898,432 891,723 885,274 0.8 0.7 1.0 903,308 899,306 896,641 814,392 10.9

 Durable goods industries2........................ 1,087,371 1,080,702 1,070,727 0.6 0.9 0.8 1,091,960 1,090,114 1,084,988 1,013,056 7.8

 Primary metals........................................ 37,679 37,354 37,166 0.9 0.5 1.2 38,549 38,869 38,737 35,584 8.3

 Iron and steel mills............................... 19,010 18,611 18,417 2.1 1.1 1.7 19,361 19,540 19,646 17,882 8.3

 Aluminum and nonferrous metals............. 14,404 14,472 14,476 -0.5 0.0 0.6 14,842 14,950 14,697 13,632 8.9

 Ferrous metal foundries........................ 4,265 4,271 4,273 -0.1 0.0 1.0 4,346 4,379 4,394 4,070 6.8

 Fabricated metal products......................... 85,435 85,084 84,687 0.4 0.5 -0.8 87,955 87,476 86,859 90,270 -2.6

 Machinery.............................................. 115,970 115,327 114,333 0.6 0.9 1.3 117,784 117,307 115,274 105,898 11.2

 Construction machinery......................... 15,183 14,558 13,879 4.3 4.9 6.0 16,007 15,501 14,689 10,545 51.8

 Mining, oil field, and

 gas field machinery.......................... 14,412 14,779 14,973 -2.5 -1.3 -0.3 14,326 14,603 14,885 12,999 10.2

 Industrial machinery............................. 8,802 8,682 8,566 1.4 1.4 2.8 8,986 8,971 8,436 7,619 17.9

 Photographic equipment........................ 3,959 3,986 4,013 -0.7 -0.7 -2.1 3,979 3,978 3,848 3,776 5.4

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 6,050 6,053 5,931 0.0 2.1 0.1 6,329 6,234 5,971 5,414 16.9

 Metalworking machinery........................ 5,873 5,929 5,925 -0.9 0.1 -1.9 5,953 6,073 5,978 5,919 0.6

 Turbines, generators, and other 

 power transmission equipment............ 27,895 27,589 27,399 1.1 0.7 1.9 27,816 27,635 27,507 25,878 7.5

 Material handling equipment................... 10,851 10,939 11,040 -0.8 -0.9 2.5 11,197 11,294 11,254 11,185 0.1

 Computers and electronic products2

............. 140,824 140,364 139,496 0.3 0.6 1.1 141,535 141,767 140,355 134,271 5.4

 Computers......................................... 3,513 3,169 3,222 10.9 -1.6 0.8 3,513 3,169 3,222 3,464 1.4

 Nondefense communications

 equipment...................................... 34,427 34,419 34,037 0.0 1.1 2.8 34,724 34,867 34,226 28,928 20.0

 Defense communications equipment........ 3,495 3,501 3,460 -0.2 1.2 -2.4 3,489 3,557 3,538 4,169 -16.3

 Electronic components.......................... 12,832 12,791 12,766 0.3 0.2 0.3 12,889 12,893 12,775 12,999 -0.8

 Nondefense search and navigation

 equipment....................................... 19,390 19,077 18,833 1.6 1.3 1.8 19,530 19,225 18,570 15,943 22.5

 Defense search and navigation

 equipment....................................... 41,037 41,145 41,025 -0.3 0.3 0.6 41,049 41,443 41,386 43,004 -4.5

 Electromedical, measuring,

 and control instruments...................... 26,130 26,262 26,153 -0.5 0.4 -0.2 26,341 26,613 26,638 25,764 2.2

 Electrical equipment, appliances, 

 and components.................................... 24,194 23,927 23,380 1.1 2.3 1.2 24,701 24,178 23,748 22,333 10.6

 Electric lighting equipment..................... 1,148 1,127 1,080 1.9 4.4 -10.1 1,162 1,134 1,084 1,241 -6.4

 Household appliances........................... 831 822 733 1.1 12.1 3.2 904 837 768 723 25.0

 Electrical equipment............................. 11,855 11,808 11,782 0.4 0.2 1.1 12,051 11,956 11,822 11,405 5.7

 Transportation equipment......................... 675,769 671,200 664,275 0.7 1.0 0.8 673,454 672,728 672,549 616,970 9.2

 Motor vehicle bodies, parts, 

 and trailers...................................... 16,540 16,517 16,471 0.1 0.3 0.3 16,748 16,779 16,968 16,878 -0.8

 Nondefense aircraft and parts................ 504,690 500,912 497,208 0.8 0.7 1.0 502,774 501,107 502,889 441,358 13.9

 Defense aircraft and parts..................... 62,418 62,156 62,213 0.4 -0.1 -1.1 62,232 62,762 63,529 65,764 -5.4

 Ships and boats.................................. 22,037 21,493 18,447 2.5 16.5 6.6 22,236 21,863 18,713 20,964 6.1

 Furniture and related products................... 6,403 6,365 6,349 0.6 0.3 1.4 6,885 6,708 6,425 6,618 4.0

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 May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2014/

2014p 2014r 2014 May Apr. Mar. 2014p 2014r 2014 2013 2013

 All manufacturing industries...................... 651,505 646,456 643,369 0.8 0.5 0.2 656,822 650,543 645,101 631,305 4.0

 Excluding transportation........................ 523,822 520,119 517,584 0.7 0.5 0.1 527,732 523,234 519,702 514,490 2.6

 Excluding defense............................. 622,657 617,582 614,199 0.8 0.6 0.1 627,857 621,462 615,776 603,367 4.1

 With unfilled orders............................. 325,780 322,924 321,877 0.9 0.3 0.2 329,357 324,893 320,479 311,123 5.9

 Durable goods industries........................ 397,515 393,961 392,990 0.9 0.2 0.2 401,531 396,107 391,674 380,438 5.5

 Wood products........................................ 10,590 10,595 10,524 0.0 0.7 0.5 10,484 10,533 10,775 9,755 7.5

 Nonmetallic mineral products..................... 12,156 12,066 11,993 0.7 0.6 1.6 12,417 12,338 12,282 11,635 6.7

 Primary metals......................................... 36,087 35,843 35,620 0.7 0.6 -0.3 36,313 35,990 35,714 35,048 3.6

 Iron and steel mills............................... 20,641 20,516 20,560 0.6 -0.2 -0.4 20,774 20,539 20,653 20,115 3.3

 Aluminum and nonferrous metals............ 13,213 13,088 12,809 1.0 2.2 0.0 13,267 13,142 12,777 12,627 5.1

 Ferrous metal foundries........................ 2,233 2,239 2,251 -0.3 -0.5 -0.2 2,272 2,309 2,284 2,306 -1.5

 Fabricated metal products......................... 49,081 48,884 48,857 0.4 0.1 0.3 49,600 49,264 48,880 47,633 4.1

 Machinery.............................................. 66,650 66,172 65,843 0.7 0.5 -0.4 67,502 66,645 65,636 67,019 0.7

 Farm machinery.................................. 3,887 3,869 3,776 0.5 2.5 -0.5 3,981 4,030 4,013 3,955 0.7

 Construction machinery......................... 4,776 4,823 4,858 -1.0 -0.7 -8.5 4,803 4,880 4,972 5,646 -14.9

 Mining, oil field, 

 and gas field machinery.................... 6,947 6,892 6,809 0.8 1.2 -2.0 7,068 6,951 6,796 7,365 -4.0

 Industrial machinery............................. 6,649 6,488 6,597 2.5 -1.7 1.6 6,738 6,485 6,612 6,264 7.6

 Photographic equipment....................... 1,515 1,535 1,547 -1.3 -0.8 -1.2 1,497 1,477 1,463 1,629 -8.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,901 4,898 4,857 0.1 0.8 -0.2 5,235 5,191 4,931 5,166 1.3

 Metalworking machinery........................ 5,539 5,481 5,440 1.1 0.8 0.5 5,545 5,440 5,324 5,471 1.4

 Turbines, generators, and other

 power transmission equipment............ 10,756 10,623 10,464 1.3 1.5 0.2 10,934 10,574 9,981 10,576 3.4

 Material handling equipment.................. 4,656 4,650 4,678 0.1 -0.6 1.0 4,618 4,616 4,576 4,418 4.5

 Computers and electronic products2............ 48,639 47,571 47,922 2.2 -0.7 0.2 49,109 47,515 47,033 46,756 5.0

 Computers......................................... 885 914 890 -3.2 2.7 -3.3 914 898 825 943 -3.1

 Computer storage devices.................... 1,929 1,993 2,033 -3.2 -2.0 0.4 2,010 1,964 1,852 2,029 -0.9

 Other peripheral equipment................... 1,765 1,775 1,772 -0.6 0.2 7.1 1,824 1,814 1,720 1,766 3.3

 Nondefense communications

 equipment...................................... 6,599 6,550 6,552 0.7 0.0 0.7 6,566 6,423 6,488 6,125 7.2

 Defense communications equipment........ 1,185 1,193 1,235 -0.7 -3.4 0.7 1,185 1,193 1,235 1,249 -5.1

 Audio and video equipment.................... 793 765 797 3.7 -4.0 2.8 733 703 720 605 21.2

 Electronic components.......................... 8,773 8,639 8,725 1.6 -1.0 0.8 8,817 8,801 8,618 7,788 13.2

 Nondefense search and navigation

 equipment...................................... 3,731 3,709 3,666 0.6 1.2 0.6 3,738 3,730 3,651 3,543 5.5

 Defense search and navigation

 equipment....................................... 3,193 3,129 3,100 2.0 0.9 -1.0 3,347 3,171 3,087 3,262 2.6

 Electromedical, measuring 

 and control instruments...................... 12,825 12,713 12,652 0.9 0.5 0.8 13,048 12,794 12,376 12,388 5.3

 Electrical equipment, appliances, 

 and components.................................... 16,634 16,586 16,575 0.3 0.1 -0.8 16,851 16,729 16,527 16,897 -0.3

 Electric lighting equipment..................... 2,261 2,243 2,207 0.8 1.6 0.5 2,296 2,264 2,167 2,009 14.3

 Household appliances........................... 1,993 1,951 1,922 2.2 1.5 1.1 2,004 1,986 1,928 1,815 10.4

 Electrical equipment............................. 4,809 4,817 4,821 -0.2 -0.1 -0.4 4,906 4,880 4,765 4,988 -1.6

 Batteries............................................ 1,151 1,164 1,175 -1.1 -0.9 0.1 1,187 1,204 1,176 1,224 -3.0

 Transportation equipment......................... 127,683 126,337 125,785 1.1 0.4 0.5 129,090 127,309 125,399 116,815 10.5

 Automobiles....................................... 2,592 2,813 2,857 -7.9 -1.5 2.3 2,556 2,853 2,795 2,640 -3.2

 Light trucks and utility vehicles.............. 2,786 2,785 2,781 0.0 0.1 1.9 2,788 2,805 2,718 2,305 21.0

 Heavy duty trucks ............................... 1,694 1,702 1,652 -0.5 3.0 -5.1 1,685 1,657 1,615 2,043 -17.5

 Motor vehicle bodies, parts, 

 and trailers...................................... 19,193 19,160 19,072 0.2 0.5 0.7 19,208 19,265 18,884 18,130 5.9

 Nondefense aircraft and parts................ 72,197 70,601 69,927 2.3 1.0 0.5 73,670 71,337 69,811 63,427 16.1

 Defense aircraft and parts..................... 14,218 14,171 14,174 0.3 0.0 -0.3 14,292 14,231 14,145 13,917 2.7

 Ships and boats.................................. 2,292 2,378 2,468 -3.6 -3.6 -0.2 2,221 2,373 2,534 2,311 -3.9

 Furniture and related products.................... 6,185 6,153 6,124 0.5 0.5 0.6 6,272 6,091 5,945 6,043 3.8

 Miscellaneous durable goods..................... 23,810 23,754 23,747 0.2 0.0 0.5 23,893 23,693 23,483 22,837 4.6

 Nondurable goods industries...................... 253,990 252,495 250,379 0.6 0.8 0.1 255,291 254,436 253,427 250,867 1.8

 Food products........................................ 47,297 47,083 46,835 0.5 0.5 0.8 45,902 45,825 45,776 46,284 -0.8

 Grain and oilseed milling........................ 5,052 5,056 5,063 -0.1 -0.1 0.3 4,710 4,915 5,024 5,215 -9.7

 Dairy products.................................... 6,289 6,229 6,157 1.0 1.2 1.6 6,573 6,432 6,185 6,509 1.0

 Meat, poultry, and seafood products....... 9,361 9,306 9,292 0.6 0.2 2.2 9,207 9,130 9,214 8,804 4.6

 Beverage and tobacco products................ 20,733 20,699 20,536 0.2 0.8 -0.2 20,509 20,873 20,754 19,825 3.5

 Beverages......................................... 16,503 16,505 16,368 0.0 0.8 -0.2 16,390 16,682 16,501 15,916 3.0

 Tobacco............................................ 4,230 4,194 4,168 0.9 0.6 0.1 4,119 4,191 4,253 3,909 5.4

 Textile mills............................................ 3,446 3,446 3,455 0.0 -0.3 0.7 3,474 3,476 3,445 3,353 3.6

 Textile products...................................... 3,173 3,161 3,146 0.4 0.5 0.0 3,209 3,190 3,145 3,086 4.0

 Apparel................................................. 2,643 2,589 2,522 2.1 2.7 2.9 2,586 2,483 2,407 2,082 24.2

 Leather and allied products....................... 1,069 1,057 1,047 1.1 1.0 0.7 1,076 1,031 1,011 1,083 -0.6

 Paper products....................................... 14,419 14,415 14,538 0.0 -0.8 0.2 14,491 14,506 14,652 14,520 -0.2

 Pulp, paper, and paperboard mills........... 6,004 6,023 6,060 -0.3 -0.6 0.0 6,083 6,072 6,134 6,236 -2.5

 Paperboard containers......................... 4,275 4,251 4,292 0.6 -1.0 0.8 4,269 4,280 4,333 4,092 4.3

 Printing.................................................. 5,910 5,820 5,799 1.5 0.4 3.8 5,826 5,863 5,759 5,454 6.8

 Petroleum and coal products..................... 50,082 49,395 47,410 1.4 4.2 -1.4 51,366 50,598 49,420 48,702 5.5

 Petroleum refineries............................. 46,349 45,677 43,674 1.5 4.6 -1.4 47,546 46,869 45,795 44,757 6.2

 Chemical products..................................... 82,440 82,194 82,452 0.3 -0.3 0.5 83,713 83,521 83,767 83,908 -0.2

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,457 4,463 4,397 -0.1 1.5 4.0 4,217 4,556 4,864 4,025 4.8

 Pharmaceuticals and medicines.............. 31,642 31,612 31,758 0.1 -0.5 0.7 32,334 32,210 32,177 33,144 -2.4

 Paints, coatings, and adhesives.............. 3,373 3,352 3,338 0.6 0.4 -0.2 3,474 3,493 3,450 3,357 3.5

 Plastics and rubber products..................... 22,778 22,636 22,639 0.6 0.0 -0.9 23,139 23,070 23,291 22,570 2.5

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, but are not shown separately. 

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

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2014/

2014p 2014r 2014 May Apr. Mar. 2014p 2014r 2014 2013 2014p 2013 2013

SHIPMENTS

 All manufacturing industries................... 498,282 497,946 495,965 0.1 0.4 0.4 511,869 502,375 517,540 502,851 2,447,795 2,394,354 2.2

 Construction materials and supplies....... 44,980 44,821 44,430 0.4 0.9 1.5 48,001 46,260 44,000 46,432 215,053 208,497 3.1

 Information technology......................... 21,690 21,732 21,570 -0.2 0.8 1.5 21,117 19,483 24,670 20,898 102,594 102,046 0.5

 Computers and related products........... 2,292 2,414 2,222 -5.1 8.6 3.3 1,941 1,749 2,977 1,920 9,875 10,021 -1.5

 Motor vehicle and parts......................... 46,963 45,998 46,276 2.1 -0.6 0.1 49,174 46,669 49,212 47,700 231,392 224,078 3.3

 Capital goods...................................... 85,511 86,160 86,527 -0.8 -0.4 2.3 85,638 82,732 96,587 86,189 414,841 403,006 2.9

 Nondefense capital goods3.................. 76,025 76,520 77,022 -0.6 -0.7 2.5 76,099 73,741 85,825 76,392 368,461 355,674 3.6

 Excluding aircraft............................. 68,552 68,225 68,440 0.5 -0.3 2.2 69,088 66,286 75,814 67,064 331,867 321,968 3.1

 Defense capital goods4........................ 9,486 9,640 9,505 -1.6 1.4 0.2 9,539 8,991 10,762 9,797 46,380 47,332 -2.0

 Consumer goods.................................. 214,912 214,219 212,889 0.3 0.6 -0.5 220,883 214,963 217,224 215,780 1,053,631 1,038,158 1.5

 Consumer durable goods..................... 37,429 36,522 36,922 2.5 -1.1 0.2 38,762 36,654 39,811 37,992 183,423 180,977 1.4

 Consumer nondurable goods................ 177,483 177,697 175,967 -0.1 1.0 -0.6 182,121 178,309 177,413 177,788 870,208 857,181 1.5

 All manufacturing industries5................... 497,680 500,321 496,416 -0.5 0.8 1.5 508,120 498,136 519,578 501,389 2,442,466 2,383,165 2.5

 Construction materials and supplies....... 45,345 45,429 44,874 -0.2 1.2 1.7 48,965 47,206 44,977 47,287 220,104 210,848 4.4

 Information technology......................... 22,272 22,933 23,156 -2.9 -1.0 8.5 21,223 21,084 26,569 22,082 108,274 106,314 1.8

 Computers and related products........... 2,636 2,361 2,246 11.6 5.1 4.7 2,285 1,696 3,001 1,926 9,999 10,258 -2.5

 Motor vehicle and parts......................... 46,986 46,044 46,332 2.0 -0.6 0.3 49,143 46,480 49,139 47,601 231,624 224,171 3.3

 Capital goods...................................... 91,031 95,376 92,295 -4.6 3.3 10.5 87,494 87,689 102,659 89,787 433,538 420,282 3.2

 Nondefense capital goods3.................. 82,168 82,569 83,037 -0.5 -0.6 9.7 80,433 76,222 90,839 83,244 389,108 383,023 1.6

 Excluding aircraft............................. 70,713 70,221 70,995 0.7 -1.1 4.7 70,827 69,812 79,385 69,035 349,958 339,649 3.0

 Defense capital goods4........................ 8,863 12,807 9,258 -30.8 38.3 18.8 7,061 11,467 11,820 6,543 44,430 37,259 19.2

 Consumer goods.................................. 214,955 214,337 212,922 0.3 0.7 -0.4 220,925 215,058 217,314 215,800 1,054,034 1,038,529 1.5

 Consumer durable goods..................... 37,472 36,640 36,955 2.3 -0.9 0.8 38,804 36,749 39,901 38,012 183,826 181,348 1.4

 Consumer nondurable goods.............. 177,483 177,697 175,967 -0.1 1.0 -0.6 182,121 178,309 177,413 177,788 870,208 857,181 1.5

 All manufacturing industries5................... 1,087,371 1,080,702 1,070,727 0.6 0.9 0.8 1,091,960 1,090,114 1,084,988 1,013,056 (X) (X) 7.8

 Construction materials and supplies....... 54,480 54,115 53,507 0.7 1.1 0.8 55,952 54,988 54,042 52,019 (X) (X) 7.6

 Information technology......................... 142,311 141,729 140,528 0.4 0.9 1.1 143,209 143,103 141,502 134,012 (X) (X) 6.9

 Computers and related products........... 3,513 3,169 3,222 10.9 -1.6 0.8 3,513 3,169 3,222 3,464 (X) (X) 1.4

 Motor vehicle and parts......................... 16,540 16,517 16,471 0.1 0.3 0.3 16,748 16,779 16,968 16,878 (X) (X) -0.8

 Capital goods...................................... 821,524 816,004 806,788 0.7 1.1 0.7 823,142 821,286 816,329 758,490 (X) (X) 8.5

 Nondefense capital goods3.................. 662,603 656,460 650,411 0.9 0.9 0.9 664,518 660,184 657,703 590,620 (X) (X) 12.5

 Excluding aircraft............................. 242,861 240,700 238,704 0.9 0.8 1.1 246,736 244,997 241,471 225,520 (X) (X) 9.4

 Defense capital goods4........................ 158,921 159,544 156,377 -0.4 2.0 -0.2 158,624 161,102 158,626 167,870 (X) (X) -5.5

 Consumer goods.................................. 4,718 4,675 4,557 0.9 2.6 0.7 4,936 4,894 4,799 4,444 (X) (X) 11.1

 Consumer durable goods..................... 4,718 4,675 4,557 0.9 2.6 0.7 4,936 4,894 4,799 4,444 (X) (X) 11.1 

 All manufacturing industries................... 651,505 646,456 643,369 0.8 0.5 0.2 656,822 650,543 645,101 631,305 (X) (X) 4.0

 Construction materials and supplies....... 64,307 64,068 63,817 0.4 0.4 0.4 65,149 64,874 64,415 62,093 (X) (X) 4.9

 Information technology......................... 41,053 40,900 40,913 0.4 0.0 0.3 41,537 40,777 40,119 40,622 (X) (X) 2.3

 Computers and related products........... 4,579 4,682 4,695 -2.2 -0.3 2.1 4,748 4,676 4,397 4,738 (X) (X) 0.2

 Motor vehicle and parts......................... 26,265 26,460 26,362 -0.7 0.4 0.6 26,237 26,580 26,012 25,118 (X) (X) 4.5

 Capital goods...................................... 205,117 202,761 201,967 1.2 0.4 0.2 207,890 203,797 200,858 195,495 (X) (X) 6.3

 Nondefense capital goods3.................. 181,611 179,191 178,068 1.4 0.6 0.1 184,341 180,080 176,775 172,993 (X) (X) 6.6

 Excluding aircraft............................. 121,496 120,857 120,408 0.5 0.4 0.0 122,736 121,045 119,081 120,853 (X) (X) 1.6

 Defense capital goods4........................ 23,506 23,570 23,899 -0.3 -1.4 0.6 23,549 23,717 24,083 22,502 (X) (X) 4.7

 Consumer goods.................................. 191,152 190,239 187,945 0.5 1.2 0.1 191,402 190,774 189,139 187,213 (X) (X) 2.2

 Consumer durable goods..................... 26,433 26,532 26,480 -0.4 0.2 1.2 26,358 26,456 26,122 24,674 (X) (X) 6.8

 Consumer nondurable goods................ 164,719 163,707 161,465 0.6 1.4 0.0 165,044 164,318 163,017 162,539 (X) (X) 1.5

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 May

May Apr. Mar. Apr. - Mar. - Feb. - May Apr. Mar. May 2014/

2014p 2014r 2014 May Apr. Mar. 2014p 2014r 2014 2013 2013

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 210,747 209,382 208,182 0.7 0.6 -0.2 211,337 209,782 208,209 203,010 4.1

 Durable goods industries.......................... 129,359 128,351 128,063 0.8 0.2 0.1 129,484 128,126 127,076 123,778 4.6

 Wood products................................... 3,967 3,980 3,931 -0.3 1.2 -0.1 3,716 3,737 3,879 3,556 4.5

 Nonmetallic mineral products................. 4,540 4,513 4,464 0.6 1.1 0.3 4,561 4,541 4,483 4,334 5.2

 Primary metals.................................... 14,046 13,815 13,728 1.7 0.6 -1.4 13,832 13,528 13,483 13,901 -0.5

 Fabricated metal products........................ 17,866 17,745 17,774 0.7 -0.2 -0.8 17,858 17,760 17,617 17,056 4.7

 Machinery.......................................... 25,431 25,093 24,938 1.3 0.6 -0.3 25,655 25,142 24,722 24,928 2.9

 Computers and electronic products........ 19,177 18,905 19,155 1.4 -1.3 1.8 19,350 19,040 18,862 18,291 5.8

 Electrical equipment, appliances,

 and components............................... 6,782 6,790 6,777 -0.1 0.2 -1.4 6,868 6,803 6,727 7,197 -4.6

 Transportation equipment..................... 27,320 27,320 27,143 0.0 0.7 0.9 27,321 27,395 27,208 24,385 12.0

 Furniture and related products............... 2,984 2,952 2,905 1.1 1.6 0.3 3,007 2,948 2,871 2,797 7.5

 Miscellaneous products......................... 7,246 7,238 7,248 0.1 -0.1 0.5 7,316 7,232 7,224 7,333 -0.2

 Nondurable goods industries...................... 81,388 81,031 80,119 0.4 1.1 -0.7 81,853 81,656 81,133 79,232 3.3

 Food products.................................... 16,423 16,556 16,453 -0.8 0.6 0.1 15,931 16,267 16,173 15,970 -0.2

 Beverage and tobacco products.................. 5,261 5,294 5,287 -0.6 0.1 -0.3 5,220 5,424 5,403 5,217 0.1

 Textiles.............................................. 1,229 1,230 1,245 -0.1 -1.2 0.2 1,243 1,245 1,248 1,216 2.2

 Textile products................................... 1,316 1,309 1,292 0.5 1.3 -0.8 1,335 1,318 1,285 1,214 10.0

 Apparel............................................. 853 839 820 1.7 2.3 3.3 853 832 812 697 22.4

 Leather and allied products.................... 307 300 313 2.3 -4.2 -0.6 309 300 305 321 -3.7

 Paper products.................................... 6,923 6,901 6,971 0.3 -1.0 0.8 6,886 6,936 7,025 6,747 2.1

 Printing ............................................. 2,543 2,541 2,488 0.1 2.1 1.0 2,463 2,532 2,497 2,421 1.7

 Petroleum and coal products................. 13,046 13,039 12,180 0.1 7.1 -4.9 13,703 13,467 12,905 12,946 5.8

 Chemical products................................ 24,462 24,019 23,972 1.8 0.2 0.6 24,731 24,131 24,152 23,413 5.6

 Plastics and rubber products.................. 9,025 9,003 9,098 0.2 -1.0 -1.9 9,179 9,204 9,328 9,070 1.2

WORK IN PROCESS

 All manufacturing industries....................... 212,175 209,457 208,317 1.3 0.5 0.4 214,567 211,581 209,386 202,074 6.2

 Durable goods industries.......................... 159,476 157,297 156,685 1.4 0.4 0.2 161,723 158,423 155,940 151,498 6.7

 Wood products................................... 1,989 1,974 1,952 0.8 1.1 0.7 2,021 2,006 1,978 1,806 11.9

 Nonmetallic mineral products................. 1,385 1,368 1,390 1.2 -1.6 1.2 1,423 1,406 1,435 1,298 9.6

 Primary metals.................................... 10,679 10,676 10,452 0.0 2.1 -2.0 10,869 10,796 10,416 10,618 2.4

 Fabricated metal products........................ 13,671 13,605 13,654 0.5 -0.4 1.5 13,801 13,609 13,534 13,525 2.0

 Machinery.......................................... 19,131 18,956 18,799 0.9 0.8 -0.8 19,427 19,044 18,620 19,062 1.9

 Computers and electronic products........ 16,495 15,973 16,061 3.3 -0.5 -1.7 16,699 16,045 15,918 16,224 2.9

 Electrical equipment, appliances,

 and components............................... 3,676 3,678 3,684 -0.1 -0.2 -0.3 3,754 3,739 3,670 3,829 -2.0

 Transportation equipment..................... 87,708 86,284 85,888 1.7 0.5 0.8 88,963 86,997 85,617 80,703 10.2

 Furniture and related products............... 988 982 982 0.6 0.0 0.4 995 980 971 998 -0.3

 Miscellaneous products......................... 3,754 3,801 3,823 -1.2 -0.6 0.0 3,771 3,801 3,781 3,435 9.8

 Nondurable goods industries...................... 52,699 52,160 51,632 1.0 1.0 1.2 52,844 53,158 53,446 50,576 4.5

 Food products.................................... 4,913 4,745 4,775 3.5 -0.6 7.1 4,399 4,376 4,687 4,166 5.6

 Beverage and tobacco products.................. 7,205 7,180 7,196 0.3 -0.2 0.5 6,940 7,153 7,363 6,559 5.8

 Textiles.............................................. 765 770 762 -0.6 1.0 0.4 773 774 756 755 2.4

 Textile products................................... 438 439 436 -0.2 0.7 2.1 441 448 440 424 4.0

 Apparel............................................. 368 367 363 0.3 1.1 1.7 372 361 334 317 17.4

 Leather and allied products.................... 95 101 99 -5.9 2.0 5.3 96 101 99 105 -8.6

 Paper products.................................... 1,382 1,396 1,410 -1.0 -1.0 0.5 1,393 1,397 1,402 1,426 -2.3

 Printing ............................................. 1,288 1,261 1,233 2.1 2.3 -1.9 1,202 1,271 1,226 1,188 1.2

 Petroleum and coal products................. 15,461 14,869 14,016 4.0 6.1 -1.0 15,823 15,573 15,043 13,551 16.8

 Chemical products................................ 18,097 18,353 18,634 -1.4 -1.5 2.2 18,677 18,983 19,330 19,450 -4.0

 Plastics and rubber products.................. 2,687 2,679 2,708 0.3 -1.1 -0.2 2,728 2,721 2,766 2,635 3.5

FINISHED GOODS

 All manufacturing industries....................... 228,583 227,617 226,870 0.4 0.3 0.3 230,918 229,180 227,506 226,221 2.1

 Durable goods industries.......................... 108,680 108,313 108,242 0.3 0.1 0.4 110,324 109,558 108,658 105,162 4.9

 Wood products................................... 4,634 4,641 4,641 -0.2 0.0 0.8 4,747 4,790 4,918 4,393 8.1

 Nonmetallic mineral products................. 6,231 6,185 6,139 0.7 0.7 2.6 6,433 6,391 6,364 6,003 7.2

 Primary metals.................................... 11,362 11,352 11,440 0.1 -0.8 2.8 11,612 11,666 11,815 10,529 10.3

 Fabricated metal products........................ 17,544 17,534 17,429 0.1 0.6 0.5 17,941 17,895 17,729 17,052 5.2

 Machinery.......................................... 22,088 22,123 22,106 -0.2 0.1 -0.1 22,420 22,459 22,294 23,029 -2.6

 Computers and electronic products........ 12,967 12,693 12,706 2.2 -0.1 0.3 13,060 12,430 12,253 12,241 6.7

 Electrical equipment, appliances,

 and components............................... 6,176 6,118 6,114 0.9 0.1 -0.3 6,229 6,187 6,130 5,871 6.1

 Transportation equipment..................... 12,655 12,733 12,754 -0.6 -0.2 -1.7 12,806 12,917 12,574 11,727 9.2

 Furniture and related products............... 2,213 2,219 2,237 -0.3 -0.8 1.1 2,270 2,163 2,103 2,248 1.0

 Miscellaneous products......................... 12,810 12,715 12,676 0.7 0.3 0.7 12,806 12,660 12,478 12,069 6.1

 Nondurable goods industries...................... 119,903 119,304 118,628 0.5 0.6 0.1 120,594 119,622 118,848 121,059 -0.4

 Food products.................................... 25,961 25,782 25,607 0.7 0.7 0.1 25,572 25,182 24,916 26,148 -2.2

 Beverage and tobacco products.................. 8,267 8,225 8,053 0.5 2.1 -0.6 8,349 8,296 7,988 8,049 3.7

 Textiles.............................................. 1,452 1,446 1,448 0.4 -0.1 1.4 1,458 1,457 1,441 1,382 5.5

 Textile products................................... 1,419 1,413 1,418 0.4 -0.4 0.1 1,433 1,424 1,420 1,448 -1.0

 Apparel............................................. 1,422 1,383 1,339 2.8 3.3 2.9 1,361 1,290 1,261 1,068 27.4

 Leather and allied products.................... 667 656 635 1.7 3.3 0.6 671 630 607 657 2.1

 Paper products.................................... 6,114 6,118 6,157 -0.1 -0.6 -0.5 6,212 6,173 6,225 6,347 -2.1

 Printing ............................................. 2,079 2,018 2,078 3.0 -2.9 11.3 2,161 2,060 2,036 1,845 17.1

 Petroleum and coal products................. 21,575 21,487 21,214 0.4 1.3 0.4 21,840 21,558 21,472 22,205 -1.6

 Chemical products................................ 39,881 39,822 39,846 0.1 -0.1 -0.4 40,305 40,407 40,285 41,045 -1.8

 Plastics and rubber products.................. 11,066 10,954 10,833 1.0 1.1 -0.1 11,232 11,145 11,197 10,865 3.4

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 May Apr Mar Feb May Apr Mar Feb

2014p 2014r 2014 2014 2014p 2014r 2014 2014

All manufacturing industries3............................ 1.31 1.30 1.30 1.30 (X) (X) (X) (X)

Durable goods industries3.................................. 1.66 1.65 1.65 1.67 6.51 6.47 6.42 6.47

 Wood products.............................................. 1.29 1.31 1.37 1.41 (X) (X) (X) (X)

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

 Primary metals.............................................. 1.34 1.35 1.36 1.38 1.40 1.41 1.42 1.42

 Fabricated metal products.............................. 1.66 1.66 1.65 1.66 2.97 2.98 2.96 2.99

 Machinery..................................................... 1.85 1.84 1.82 1.88 3.43 3.43 3.40 3.46

 Computers and electronic products3................ 1.71 1.65 1.66 1.68 7.55 7.55 7.52 7.53

 Electrical equipment, appliances,

 and components........................................ 1.63 1.63 1.60 1.64 2.64 2.61 2.51 2.53

 Transportation equipment.............................. 1.83 1.81 1.79 1.80 15.38 15.04 14.87 14.98

 Furniture and related products........................ 1.10 1.08 1.08 1.08 1.35 1.32 1.33 1.32

 Miscellaneous products.................................. 1.62 1.63 1.64 1.65 (X) (X) (X) (X)

Nondurable goods industries............................. 0.98 0.97 0.97 0.96 (X) (X) (X) (X)

 Food products.............................................. 0.72 0.71 0.71 0.71 (X) (X) (X) (X)

 Beverage and tobacco products...................... 1.75 1.71 1.74 1.79 (X) (X) (X) (X)

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

 Textile products............................................ 1.58 1.57 1.55 1.54 (X) (X) (X) (X)

 Apparel......................................................... 2.20 2.23 2.20 2.15 (X) (X) (X) (X)

 Leather and allied products............................. 2.13 2.12 2.14 2.15 (X) (X) (X) (X)

 Paper products.............................................. 0.99 0.99 1.01 1.01 (X) (X) (X) (X)

 Printing......................................................... 0.92 0.90 0.90 0.88 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.69 0.68 0.66 0.66 (X) (X) (X) (X)

 Chemical products......................................... 1.32 1.30 1.32 1.30 (X) (X) (X) (X)

 Plastics and rubber products........................... 1.20 1.20 1.19 1.20 (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.

May3 May3 May3 May3

Industry 2013- 2013- 2013- 2013-

May2 Apr May2 Apr May2 Apr May2 Apr

2014 2014 2014 2014 2014 2014 2014 2014

All manufacturing industries.................. (X) 0.1 (X) 0.4 (X) 0.1 (X) 0.1

Durable goods industries....................... 0.0 0.2 0.1 0.7 0.0 0.1 -0.1 0.1

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

 Nonmetallic mineral products.............. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

 Primary metals.................................... -0.1 0.4 0.1 0.5 0.1 0.4 -0.2 0.3

 Fabricated metal products.................... 0.1 0.3 0.2 1.4 0.1 0.3 0.0 0.1

 Machinery.......................................... 0.1 0.5 0.0 0.8 0.0 0.2 0.0 0.2

 Computers and electronic products..... -0.1 0.7 -0.3 1.2 -0.1 0.2 -0.2 0.2

 Electrical equipment, appliances,

 and components............................. 0.5 0.8 0.9 1.1 0.2 0.5 0.0 0.8

 Transportation equipment.................... 0.1 0.4 0.1 1.3 0.0 0.1 0.0 0.1

 Furniture and related products............. (X) 0.4 (X) 0.5 (X) 0.5 (X) 0.3

 Miscellaneous products...................... (X) 0.6 (X) 0.6 (X) 0.3 (X) 0.2

Nondurable goods industries................... (X) 0.1 (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) 0.3

 Textiles............................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

 Textile products.................................. (X) 0.8 (X) (NA) (X) (NA) (X) 0.3

 Apparel.............................................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.3

 Leather and allied products.................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.5

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

 Printing.............................................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.6

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

 Chemical products................................ (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

 Plastics and rubber products................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.4

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. This survey provides statistics on 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). The M3 includes approximately 4,300 reporting units. Units may be 

divisions of diversified large companies, large homogenous companies, or single-unit manufacturers in 89 

industry categories. Due to the small monthly sample, these 89 categories have been combined into 65

publication levels. The survey methodology assumes that the month-to-month changes of the total 

operations of those companies in the monthly survey effectively represent the month-to-month movements 

of all establishments that make up the category. The current coverage levels in the survey show that 

reported data in the monthly survey represent approximately 60 percent of the shipments estimates at the 

total manufacturing level. Data published represent manufacturing in a calendar month. The data 

collection is based on a voluntary survey authorized by Title 13 of the United States Code. 

The data presented in this release are based on data obtained from a panel of 4,300 reporting units and 

provide an indication of the activity within the manufacturing sector. The results differ from what would 

be obtained from a complete enumeration of all manufacturing companies. In addition, a different panel of 

4,300 companies would yield different results. The M3 panel is comprised of companies with $500 

million or more in shipments and a limited number of smaller companies. From a statistical perspective, 

the panel is not 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.