FOR IMMEDIATE RELEASE

THURSDAY, MARCH 5, 2015, AT 10:00 A.M. EST

Adriana Stoica

Economic Indicators Division

(301) 763-4832

M3-2 (15)-1

CB15-28

Full Report on Manufacturers’ Shipments, Inventories and Orders

January 2015

Summary

 New orders for manufactured goods in January, down 

six consecutive months, decreased $0.9 billion or 0.2

percent to $470.0 billion, the U.S. Census Bureau 

reported today. This followed a 3.5 percent December

decrease. Excluding transportation, new orders 

decreased 1.8 percent.

 Shipments, down five of the last six months, decreased

$9.8 billion or 2.0 percent to $479.1 billion. This 

followed a 0.9 percent December decrease.

 Unfilled orders, down two consecutive months,

decreased $2.2 billion or 0.2 percent to $1,163.4 billion. 

This followed a 0.9 percent December decrease. The 

unfilled orders-to-shipments ratio was 6.68, up from 

6.65 in December.

 Inventories, down two consecutive months, decreased

$2.5 billion or 0.4 percent to $650.5 billion. This 

followed a 0.4 percent December decrease. The

inventories-to-shipments ratio was 1.36, up from 1.34 in

December.

New Orders

 New orders for manufactured durable goods in 

January, up following two consecutive monthly 

decreases, increased $6.5 billion or 2.8 percent to $236.3

billion, unchanged from the previously published

increase. This followed a 3.7 percent December

decrease.

 Transportation equipment, also up following two 

consecutive monthly decreases, led the increase, $6.4

billion or 9.7 percent to $72.6 billion.

 New orders for manufactured nondurable goods

decreased $7.4 billion or 3.1 percent to $233.7 billion. 

Shipments 

 Shipments of manufactured durable goods in January,

down three of the last four months, decreased $2.5

billion or 1.0 percent to $245.4 billion, revised from the 

previously published 1.1 percent decrease. This

followed a 1.5 percent December increase.

 

 Transportation equipment, down two of the last three

months, led the decrease, $0.9 billion or 1.1 percent to 

$74.4 billion.

 

 Shipments of manufactured nondurable goods, down 

eight of the last nine months, decreased $7.4 billion or 

3.1 percent to $233.7 billion. This followed a 3.3

percent December decrease. Petroleum and coal 

products, down seven consecutive months, led the 

decrease, $5.9 billion or 11.1 percent to $47.3 billion.

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

January, down two consecutive months, decreased $2.2

billion or 0.2 percent to $1,163.4 billion, unchanged

from the previously published decrease. This followed a 

0.9 percent December decrease. 

 Transportation equipment, also down two consecutive 

months, led the decrease, $1.9 billion or 0.3 percent to 

$736.8 billion. 

Inventories

 Inventories of manufactured durable goods in January, 

up twenty-one of the last twenty-two months, increased 

$1.7 billion or 0.4 percent to $412.4 billion, unchanged 

from the previously published increase. This was at the 

highest level since the series was first published on a 

NAICS basis in 1992 and followed a 0.5 percent 

December increase.

 Transportation equipment, also up twenty-one of the 

last twenty-two months, led the increase, $0.6 billion or 

0.4 percent to $134.3 billion.

 Inventories of manufactured nondurable goods, down 

eight consecutive months, decreased $4.2 billion or 1.7

percent to $238.1 billion. This followed a 2.0 percent

December decrease. Petroleum and coal products, also 

down eight consecutive months, led the decrease, $3.9

billion or 10.2 percent to $34.6 billion. 

 By stage of fabrication, January materials and supplies

decreased slightly in durable goods and decreased 2.3 

percent in nondurable goods. Work in process increased 

0.7 percent in durable goods and decreased 2.7 percent

in nondurable goods. Finished goods increased 0.5

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 February is

scheduled for release on March 25, 2015 at 8:30 a.m. EDT and the Full Report on April 2, 2015 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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2015/

2015p 2014r 2014 Jan. Dec. Nov. 2015p 2014r 2014 2014 2015p 2014 2014

 All manufacturing industries.................. 479,126 488,963 493,522 -2.0 -0.9 -1.0 437,582 482,891 470,631 456,457 437,582 456,457 -4.1

 Excluding transportation................... 404,697 413,673 421,160 -2.2 -1.8 -1.0 374,735 405,445 401,811 397,545 374,735 397,545 -5.7

 Excluding defense.............................. 467,790 476,319 481,443 -1.8 -1.1 -1.0 428,447 468,856 458,006 446,826 428,447 446,826 -4.1

 With unfilled orders............................ 174,082 175,193 172,757 -0.6 1.4 -0.7 153,406 178,617 162,746 146,501 153,406 146,501 4.7

 Durable goods industries......................... 245,426 247,910 244,212 -1.0 1.5 -0.7 217,731 248,337 229,571 210,866 217,731 210,866 3.3

 Wood products....................................... 8,289 8,268 8,141 0.3 1.6 -1.1 7,000 7,118 7,361 6,468 7,000 6,468 8.2

 Nonmetallic mineral products.................... 9,428 9,365 9,120 0.7 2.7 -1.9 7,966 8,075 8,475 7,435 7,966 7,435 7.1

 Primary metals....................................... 26,475 27,308 27,370 -3.1 -0.2 -1.6 25,776 25,049 24,957 25,899 25,776 25,899 -0.5

 Iron and steel mills............................ 10,566 10,955 11,335 -3.6 -3.4 -1.9 10,302 10,395 10,264 10,628 10,302 10,628 -3.1

 Aluminum and nonferrous metals.......... 14,148 14,544 14,241 -2.7 2.1 -1.4 13,842 13,043 13,108 13,683 13,842 13,683 1.2

 Ferrous metal foundries....................... 1,761 1,809 1,794 -2.7 0.8 -1.5 1,632 1,611 1,585 1,588 1,632 1,588 2.8

 Fabricated metal products....................... 30,795 31,005 30,356 -0.7 2.1 -0.1 28,254 28,880 28,245 27,087 28,254 27,087 4.3

 Machinery............................................. 35,627 36,174 36,519 -1.5 -0.9 -0.8 30,805 37,561 33,490 30,582 30,805 30,582 0.7

 Farm machinery................................. 1,079 1,196 1,088 -9.8 9.9 -8.1 1,057 989 749 1,892 1,057 1,892 -44.1

 Construction machinery..................... 4,480 4,394 4,455 2.0 -1.4 -2.9 3,848 4,483 4,296 3,923 3,848 3,923 -1.9

 Mining, oil field, and 

 gas field machinery.......................... 2,070 2,140 2,288 -3.3 -6.5 -0.5 1,876 2,455 2,177 2,004 1,876 2,004 -6.4

 Industrial machinery.......................... 5,129 5,210 5,556 -1.6 -6.2 -0.2 3,914 6,166 4,939 3,347 3,914 3,347 16.9

 Photographic equipment...................... 712 732 757 -2.7 -3.3 5.3 591 828 793 630 591 630 -6.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,795 3,833 3,742 -1.0 2.4 -0.5 3,024 3,580 3,255 2,981 3,024 2,981 1.4

 Metalworking machinery..................... 3,333 3,292 3,422 1.2 -3.8 -0.7 2,947 3,780 3,249 2,863 2,947 2,863 2.9

 Turbines, generators, and other

 power transmission equipment....... 4,127 4,395 4,203 -6.1 4.6 2.2 3,780 4,237 4,081 3,303 3,780 3,303 14.4

 Material handling equipment............... 2,947 2,956 2,919 -0.3 1.3 -3.9 2,640 3,092 2,696 2,714 2,640 2,714 -2.7

 Computers and electronic products2.......... 28,512 28,681 28,750 -0.6 -0.2 -0.3 25,871 31,958 27,781 26,756 25,871 26,756 -3.3

 Computers........................................ 324 331 339 -2.1 -2.4 -0.9 262 430 327 364 262 364 -28.0

 Computer storage devices..................... 684 740 780 -7.6 -5.1 -0.3 475 1,282 620 798 475 798 -40.5

 Other peripheral equipment................ 955 830 815 15.1 1.8 -2.6 635 1,374 679 540 635 540 17.6

 Nondefense communications

 equipment.................................... 3,288 3,324 3,051 -1.1 8.9 -6.0 2,688 4,176 2,771 2,892 2,688 2,892 -7.1

 Defense communications equipment.... 378 391 381 -3.3 2.6 -2.3 336 377 397 368 336 368 -8.7

 Audio and video equipment.................... 281 285 320 -1.4 -10.9 -3.6 213 372 450 246 213 246 -13.4

 Electronic components......................... 3,795 3,737 3,716 1.6 0.6 -0.3 3,438 4,012 3,628 3,148 3,438 3,148 9.2

 Nondefense search and navigation

 equipment...................................... 1,373 1,378 1,427 -0.4 -3.4 -0.5 1,138 1,525 1,368 1,130 1,138 1,130 0.7

 Defense search and navigation

 equipment..................................... 2,855 2,873 3,101 -0.6 -7.4 4.2 2,316 3,227 3,340 2,312 2,316 2,312 0.2

 Electromedical, measuring,

 and control instruments................. 7,378 7,294 7,157 1.2 1.9 2.6 6,232 8,492 6,689 5,458 6,232 5,458 14.2

 Electrical equipment, appliances, 

 and components................................... 10,630 10,705 10,648 -0.7 0.5 1.3 9,456 10,531 10,268 9,162 9,456 9,162 3.2

 Electric lighting equipment..................... 847 848 867 -0.1 -2.2 -0.5 768 925 886 776 768 776 -1.0

 Household appliances........................ 1,840 1,814 1,828 1.4 -0.8 0.7 1,519 1,705 1,822 1,405 1,519 1,405 8.1

 Electrical equipment............................ 3,431 3,427 3,460 0.1 -1.0 0.2 3,017 3,418 3,144 2,968 3,017 2,968 1.7

 Batteries........................................... 1,037 1,067 1,009 -2.8 5.7 -2.0 888 1,153 1,127 902 888 902 -1.6

 Transportation equipment........................ 74,429 75,290 72,362 -1.1 4.0 -1.0 62,847 77,446 68,820 58,912 62,847 58,912 6.7

 Automobiles..................................... 9,202 10,171 9,824 -9.5 3.5 -0.9 8,205 9,768 9,375 8,683 8,205 8,683 -5.5

 Light trucks and utility vehicles.............. 13,648 13,991 13,311 -2.5 5.1 2.2 11,713 13,220 12,247 11,151 11,713 11,151 5.0

 Heavy duty trucks ............................. 2,866 2,841 2,891 0.9 -1.7 -4.7 2,571 2,785 2,649 2,166 2,571 2,166 18.7

 Motor vehicle bodies, parts, 

 and trailers.................................... 22,329 22,387 21,761 -0.3 2.9 0.1 20,515 19,831 20,407 18,694 20,515 18,694 9.7

 Nondefense aircraft and parts................ 14,213 12,953 12,528 9.7 3.4 -4.6 10,315 17,746 12,061 8,929 10,315 8,929 15.5

 Defense aircraft and parts.................. 3,976 4,669 4,502 -14.8 3.7 -2.0 3,077 5,474 4,760 3,609 3,077 3,609 -14.7

 Ships and boats................................. 2,372 2,693 2,490 -11.9 8.2 2.1 1,905 2,723 2,462 1,878 1,905 1,878 1.4

 Furniture and related products.................. 6,053 6,129 5,962 -1.2 2.8 0.2 5,689 5,987 5,666 5,276 5,689 5,276 7.8

 Miscellaneous durable goods................. 15,188 14,985 14,984 1.4 0.0 -0.7 14,067 15,732 14,508 13,289 14,067 13,289 5.9

 Nondurable goods industries..................... 233,700 241,053 249,310 -3.1 -3.3 -1.2 219,851 234,554 241,060 245,591 219,851 245,591 -10.5

 Food products....................................... 66,624 66,749 66,563 -0.2 0.3 -0.8 64,621 67,105 68,241 62,351 64,621 62,351 3.6

 Grain and oilseed milling....................... 7,818 7,766 7,693 0.7 0.9 -1.1 7,822 8,128 8,176 7,979 7,822 7,979 -2.0

 Dairy products.................................. 9,466 9,602 9,838 -1.4 -2.4 -2.1 9,175 9,574 10,094 9,070 9,175 9,070 1.2

 Meat, poultry, and seafood products... 20,223 20,390 20,357 -0.8 0.2 -0.4 19,302 20,038 20,627 18,397 19,302 18,397 4.9

 Beverage and tobacco products................ 11,719 12,199 11,947 -3.9 2.1 -2.5 10,511 12,073 11,833 10,423 10,511 10,423 0.8

 Beverages......................................... 8,551 8,742 8,590 -2.2 1.8 -1.3 7,343 8,616 8,476 7,521 7,343 7,521 -2.4

 Tobacco............................................ 3,168 3,457 3,357 -8.4 3.0 -5.3 3,168 3,457 3,357 2,902 3,168 2,902 9.2

 Textile mills........................................... 2,671 2,644 2,627 1.0 0.6 -0.7 2,474 2,299 2,468 2,430 2,474 2,430 1.8

 Textile products................................... 2,139 2,120 2,058 0.9 3.0 0.1 1,922 1,879 1,985 1,761 1,922 1,761 9.1

 Apparel................................................ 1,290 1,317 1,303 -2.1 1.1 2.5 1,148 1,248 1,478 1,013 1,148 1,013 13.3

 Leather and allied products...................... 512 503 517 1.8 -2.7 1.4 451 484 492 439 451 439 2.7

 Paper products...................................... 14,607 14,652 14,496 -0.3 1.1 0.1 14,158 14,488 13,835 14,051 14,158 14,051 0.8

 Pulp, paper, and paperboard mills....... 6,784 6,804 6,757 -0.3 0.7 0.8 6,664 6,828 6,375 6,636 6,664 6,636 0.4

 Paperboard containers........................ 4,623 4,597 4,519 0.6 1.7 0.0 4,463 4,428 4,293 4,341 4,463 4,341 2.8

 Printing................................................. 6,609 6,537 6,534 1.1 0.0 0.0 6,279 6,513 6,545 6,106 6,279 6,106 2.8

 Petroleum and coal products.................. 47,282 53,170 62,559 -11.1 -15.0 -2.7 43,076 49,881 59,407 68,861 43,076 68,861 -37.4

 Petroleum refineries.......................... 43,703 49,421 58,713 -11.6 -15.8 -3.0 40,404 46,971 56,126 66,133 40,404 66,133 -38.9

 Chemical products..................................... 61,412 62,212 61,836 -1.3 0.6 -0.8 57,692 61,157 57,373 60,420 57,692 60,420 -4.5

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,851 3,046 2,788 -6.4 9.3 0.9 2,578 2,675 2,244 2,428 2,578 2,428 6.2

 Pharmaceuticals and medicines............. 14,482 14,295 13,884 1.3 3.0 0.0 13,851 15,030 13,420 15,077 13,851 15,077 -8.1

 Paints, coatings, and adhesives.......... 3,163 3,169 3,088 -0.2 2.6 0.8 2,741 2,603 2,584 2,646 2,741 2,646 3.6

 Plastics and rubber products.................. 18,835 18,950 18,870 -0.6 0.4 -0.8 17,519 17,427 17,403 17,736 17,519 17,736 -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.

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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2015/

2015p 2014r 2014 Jan. Dec. Nov. 2015p 2014r 2014 2014 2015p 2014 2014

All manufacturing industries2........................ 470,005 470,880 487,885 -0.2 -3.5 -1.7 429,826 482,255 465,611 452,032 429,826 452,032 -4.9

 Excluding transportation2...................... 397,427 404,704 414,356 -1.8 -2.3 -1.3 370,789 397,089 392,960 394,749 370,789 394,749 -6.1

 Excluding defense2.............................. 459,902 460,808 476,424 -0.2 -3.3 -1.3 421,969 467,259 455,800 444,974 421,969 444,974 -5.2

 With unfilled orders2............................. 171,918 164,363 174,530 4.6 -5.8 -2.7 153,570 184,408 164,949 151,290 153,570 151,290 1.5

 Durable goods industries2......................... 236,305 229,827 238,575 2.8 -3.7 -2.2 209,975 247,701 224,551 206,441 209,975 206,441 1.7

 Primary metals........................................ 26,017 26,288 27,107 -1.0 -3.0 -3.5 26,360 24,851 25,262 26,978 26,360 26,978 -2.3

 Iron and steel mills.............................. 10,007 10,282 10,762 -2.7 -4.5 -7.7 10,615 10,319 10,116 11,395 10,615 11,395 -6.8

 Aluminum and nonferrous metals.......... 14,129 14,168 14,556 -0.3 -2.7 0.2 13,780 12,880 13,552 13,727 13,780 13,727 0.4

 Ferrous metal foundries....................... 1,881 1,838 1,789 2.3 2.7 -6.7 1,965 1,652 1,594 1,856 1,965 1,856 5.9

 Fabricated metal products........................ 30,700 30,876 30,562 -0.6 1.0 -1.3 28,888 28,467 27,297 26,989 28,888 26,989 7.0

 Machinery............................................. 35,324 34,843 36,016 1.4 -3.3 -0.8 32,416 35,556 32,530 34,878 32,416 34,878 -7.1

 Construction machinery........................ 3,549 3,998 4,251 -11.2 -6.0 -2.9 3,373 4,476 4,085 5,349 3,373 5,349 -36.9

 Mining, oil field, and

 gas field machinery.......................... 1,947 1,899 2,085 2.5 -8.9 5.4 1,778 1,859 1,785 2,779 1,778 2,779 -36.0

 Industrial machinery............................ 5,385 5,043 5,037 6.8 0.1 -8.5 4,441 5,795 4,314 3,331 4,441 3,331 33.3

 Photographic equipment....................... 679 802 666 -15.3 20.4 2.8 681 725 651 792 681 792 -14.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 3,830 3,827 3,802 0.1 0.7 -3.3 3,306 3,449 3,348 3,361 3,306 3,361 -1.6

 Metalworking machinery....................... 3,326 3,202 3,305 3.9 -3.1 0.2 3,122 3,572 3,100 3,111 3,122 3,111 0.4

 Turbines, generators, and other 

 power transmission equipment........... 4,331 3,638 4,180 19.0 -13.0 4.4 4,038 3,799 4,089 3,892 4,038 3,892 3.8

 Material handling equipment.................. 3,100 3,231 3,193 -4.1 1.2 -2.1 2,991 3,549 2,821 2,961 2,991 2,961 1.0

 Computers and electronic products2........... 22,336 21,962 22,302 1.7 -1.5 -0.6 18,871 26,376 20,543 17,918 18,871 17,918 5.3

 Computers........................................ 367 297 431 23.6 -31.1 1.2 305 396 419 178 305 178 71.3

 Nondefense communications

 equipment...................................... 3,704 3,825 3,840 -3.2 -0.4 12.2 3,130 4,773 3,257 3,311 3,130 3,311 -5.5

 Defense communications equipment....... 348 287 332 21.3 -13.6 -12.4 313 351 294 301 313 301 4.0

 Electronic components......................... 3,894 3,789 3,786 2.8 0.1 0.2 3,698 4,011 3,596 3,188 3,698 3,188 16.0

 Nondefense search and navigation

 equipment...................................... 1,685 1,764 1,683 -4.5 4.8 -7.7 1,493 1,413 1,641 1,422 1,493 1,422 5.0

 Defense search and navigation

 equipment...................................... 2,893 2,558 2,765 13.1 -7.5 -13.3 2,132 3,405 2,617 1,768 2,132 1,768 20.6

 Electromedical, measuring,

 and control instruments..................... 7,281 7,342 7,297 -0.8 0.6 1.3 6,259 8,735 6,681 5,880 6,259 5,880 6.4

 Electrical equipment, appliances, 

 and components................................... 10,418 10,830 10,718 -3.8 1.0 -0.8 9,791 10,731 10,058 9,954 9,791 9,954 -1.6

 Electric lighting equipment..................... 828 829 868 -0.1 -4.5 -4.0 764 883 880 813 764 813 -6.0

 Household appliances.......................... 1,859 1,897 1,783 -2.0 6.4 -0.7 1,629 1,765 1,795 1,487 1,629 1,487 9.5

 Electrical equipment............................ 3,380 3,558 3,495 -5.0 1.8 -3.6 3,235 3,399 3,214 3,286 3,235 3,286 -1.6

 Transportation equipment........................ 72,578 66,176 73,529 9.7 -10.0 -4.0 59,037 85,166 72,651 57,283 59,037 57,283 3.1

 Motor vehicle bodies, parts, 

 and trailers..................................... 22,420 22,421 22,091 0.0 1.5 1.1 20,760 20,481 20,953 18,919 20,760 18,919 9.7

 Nondefense aircraft and parts................ 13,133 5,742 13,701 128.7 -58.1 -11.0 7,038 23,633 17,181 8,688 7,038 8,688 -19.0

 Defense aircraft and parts.................... 3,645 3,899 4,754 -6.5 -18.0 -10.5 3,087 6,609 4,480 3,111 3,087 3,111 -0.8

 Ships and boats.................................. 1,691 2,465 2,200 -31.4 12.0 -7.5 1,539 2,418 1,767 1,352 1,539 1,352 13.8

 Furniture and related products................... 6,063 6,210 6,006 -2.4 3.4 0.0 5,615 5,605 5,776 5,256 5,615 5,256 6.8

 Nondurable goods industries..................... 233,700 241,053 249,310 -3.1 -3.3 -1.2 219,851 234,554 241,060 245,591 219,851 245,591 -10.5

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

 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 Jan.

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2015/

2015p 2014r 2014 Jan. Dec. Nov. 2015p 2014r 2014 2014 2014

All manufacturing industries2...................... 1,163,387 1,165,551 1,176,381 -0.2 -0.9 0.2 1,168,007 1,167,843 1,162,052 1,065,067 9.7

 Excluding transportation2...................... 426,577 426,890 428,606 -0.1 -0.4 0.1 423,450 419,476 421,405 400,255 5.8

 Excluding defense2............................. 977,985 978,916 987,174 -0.1 -0.8 0.2 983,011 981,569 976,739 876,736 12.1

 Durable goods industries2........................ 1,163,387 1,165,551 1,176,381 -0.2 -0.9 0.2 1,168,007 1,167,843 1,162,052 1,065,067 9.7

 Primary metals........................................ 38,860 39,318 40,338 -1.2 -2.5 -0.6 39,458 38,874 39,072 37,132 6.3

 Iron and steel mills............................... 18,638 19,197 19,870 -2.9 -3.4 -2.8 19,118 18,805 18,881 18,484 3.4

 Aluminum and nonferrous metals............. 15,431 15,450 15,826 -0.1 -2.4 2.0 15,451 15,513 15,676 14,363 7.6

 Ferrous metal foundries........................ 4,791 4,671 4,642 2.6 0.6 -0.1 4,889 4,556 4,515 4,285 14.1

 Fabricated metal products......................... 87,705 87,800 87,929 -0.1 -0.1 0.2 85,485 84,851 85,264 83,699 2.1

 Machinery.............................................. 117,833 118,136 119,467 -0.3 -1.1 -0.4 117,455 115,844 117,849 112,043 4.8

 Construction machinery......................... 14,916 15,847 16,243 -5.9 -2.4 -1.2 14,974 15,449 15,456 12,786 17.1

 Mining, oil field, and

 gas field machinery.......................... 13,355 13,478 13,719 -0.9 -1.8 -1.5 13,032 13,130 13,726 14,767 -11.7

 Industrial machinery............................. 8,296 8,040 8,207 3.2 -2.0 -5.9 8,254 7,727 8,098 8,463 -2.5

 Photographic equipment........................ 3,417 3,450 3,380 -1.0 2.1 -2.6 3,374 3,284 3,387 4,141 -18.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,066 7,031 7,037 0.5 -0.1 0.9 7,092 6,810 6,941 5,809 22.1

 Metalworking machinery........................ 5,626 5,633 5,723 -0.1 -1.6 -2.0 5,634 5,459 5,667 6,073 -7.2

 Turbines, generators, and other 

 power transmission equipment............ 28,513 28,309 29,066 0.7 -2.6 -0.1 28,696 28,438 28,876 26,798 7.1

 Material handling equipment................... 12,754 12,601 12,326 1.2 2.2 2.3 12,675 12,324 11,867 10,665 18.8

 Computers and electronic products2

............. 148,266 147,485 146,951 0.5 0.4 0.7 147,663 146,743 145,898 137,347 7.5

 Computers......................................... 4,237 4,194 4,228 1.0 -0.8 2.2 4,237 4,194 4,228 3,203 32.3

 Nondefense communications

 equipment...................................... 36,689 36,273 35,772 1.1 1.4 2.3 36,445 36,003 35,406 32,211 13.1

 Defense communications equipment........ 3,244 3,274 3,378 -0.9 -3.1 -1.4 3,243 3,266 3,292 3,668 -11.6

 Electronic components.......................... 13,125 13,026 12,974 0.8 0.4 0.5 13,107 12,847 12,848 12,607 4.0

 Nondefense search and navigation

 equipment....................................... 22,600 22,288 21,902 1.4 1.8 1.2 22,372 22,017 22,129 18,037 24.0

 Defense search and navigation

 equipment....................................... 41,243 41,205 41,520 0.1 -0.8 -0.8 41,125 41,309 41,131 41,400 -0.7

 Electromedical, measuring,

 and control instruments...................... 27,128 27,225 27,177 -0.4 0.2 0.5 27,134 27,107 26,864 26,221 3.5

 Electrical equipment, appliances, 

 and components.................................... 25,712 25,924 25,799 -0.8 0.5 0.3 25,737 25,402 25,202 23,082 11.5

 Electric lighting equipment..................... 1,143 1,162 1,181 -1.6 -1.6 0.1 1,137 1,141 1,183 1,168 -2.7

 Household appliances........................... 961 942 859 2.0 9.7 -5.0 1,051 941 881 841 25.0

 Electrical equipment............................. 12,749 12,800 12,669 -0.4 1.0 0.3 12,738 12,520 12,539 11,572 10.1

 Transportation equipment......................... 736,810 738,661 747,775 -0.3 -1.2 0.2 744,557 748,367 740,647 664,812 12.0

 Motor vehicle bodies, parts, 

 and trailers...................................... 17,899 17,808 17,774 0.5 0.2 1.9 18,281 18,036 17,386 16,741 9.2

 Nondefense aircraft and parts................ 567,342 568,422 575,633 -0.2 -1.3 0.2 574,541 577,818 571,931 495,467 16.0

 Defense aircraft and parts..................... 62,383 62,714 63,484 -0.5 -1.2 0.4 63,330 63,320 62,185 64,013 -1.1

 Ships and boats.................................. 18,438 19,119 19,347 -3.6 -1.2 -1.5 17,833 18,199 18,504 17,587 1.4

 Furniture and related products................... 6,956 6,946 6,865 0.1 1.2 0.6 6,407 6,481 6,863 5,781 10.8

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

1

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

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

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

adjusted for price changes.

2

 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 Jan.

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2015/

2015p 2014r 2014 Jan. Dec. Nov. 2015p 2014r 2014 2014 2014

 All manufacturing industries...................... 650,469 652,944 655,876 -0.4 -0.4 0.0 647,507 634,377 656,236 635,633 1.9

 Excluding transportation........................ 516,199 519,258 522,502 -0.6 -0.6 -0.2 514,000 504,794 522,549 512,883 0.2

 Excluding defense............................. 620,756 623,484 626,330 -0.4 -0.5 0.0 617,803 605,079 626,681 607,589 1.7

 With unfilled orders............................. 338,552 337,377 336,231 0.3 0.3 0.6 337,031 327,906 336,694 317,308 6.2

 Durable goods industries........................ 412,361 410,641 408,714 0.4 0.5 0.5 411,213 399,615 409,635 387,880 6.0

 Wood products........................................ 11,036 10,916 10,875 1.1 0.4 1.4 11,249 10,793 10,833 10,571 6.4

 Nonmetallic mineral products..................... 12,228 12,195 12,179 0.3 0.1 -0.4 12,255 11,904 11,834 11,896 3.0

 Primary metals......................................... 39,190 38,643 38,080 1.4 1.5 1.0 39,205 38,090 37,774 35,402 10.7

 Iron and steel mills............................... 22,837 22,363 21,964 2.1 1.8 0.7 22,832 21,917 21,837 20,449 11.7

 Aluminum and nonferrous metals............ 14,118 14,009 13,868 0.8 1.0 1.8 14,131 13,939 13,710 12,697 11.3

 Ferrous metal foundries........................ 2,235 2,271 2,248 -1.6 1.0 -1.9 2,242 2,234 2,227 2,256 -0.6

 Fabricated metal products......................... 51,120 50,775 50,482 0.7 0.6 0.7 50,951 49,854 50,053 48,229 5.6

 Machinery.............................................. 67,436 67,580 67,593 -0.2 0.0 -0.5 67,063 64,999 68,341 65,485 2.4

 Farm machinery.................................. 3,520 3,497 3,565 0.7 -1.9 -3.5 3,593 3,512 3,534 3,910 -8.1

 Construction machinery......................... 5,189 5,235 5,209 -0.9 0.5 -0.6 5,178 5,158 5,255 5,296 -2.2

 Mining, oil field, 

 and gas field machinery.................... 6,849 6,848 6,933 0.0 -1.2 -1.0 6,751 6,588 6,944 6,860 -1.6

 Industrial machinery............................. 6,724 6,755 6,684 -0.5 1.1 -1.6 6,600 6,551 6,799 6,127 7.7

 Photographic equipment....................... 1,513 1,528 1,534 -1.0 -0.4 0.3 1,563 1,469 1,575 1,608 -2.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,321 5,389 5,300 -1.3 1.7 1.6 5,102 4,886 5,164 4,650 9.7

 Metalworking machinery........................ 5,762 5,779 5,754 -0.3 0.4 1.0 5,619 5,655 5,857 5,297 6.1

 Turbines, generators, and other

 power transmission equipment............ 10,644 10,620 10,719 0.2 -0.9 -0.6 10,586 9,840 11,193 10,335 2.4

 Material handling equipment.................. 4,716 4,738 4,767 -0.5 -0.6 0.7 4,637 4,489 4,818 4,546 2.0

 Computers and electronic products2............ 49,522 49,226 48,837 0.6 0.8 -0.4 49,541 47,937 49,625 47,268 4.8

 Computers......................................... 937 884 909 6.0 -2.8 -5.4 909 813 948 879 3.4

 Computer storage devices.................... 2,098 2,097 2,085 0.0 0.6 0.3 2,078 1,976 2,216 1,979 5.0

 Other peripheral equipment................... 1,736 1,759 1,635 -1.3 7.6 0.4 1,714 1,629 1,686 1,655 3.6

 Nondefense communications

 equipment...................................... 6,264 6,231 6,356 0.5 -2.0 -2.1 6,313 6,047 6,571 6,450 -2.1

 Defense communications equipment........ 1,009 1,008 989 0.1 1.9 -1.3 1,009 1,008 989 1,306 -22.7

 Audio and video equipment.................... 928 934 922 -0.6 1.3 0.8 914 907 1,013 744 22.8

 Electronic components.......................... 9,191 9,183 8,969 0.1 2.4 -0.2 9,454 9,000 8,937 8,757 8.0

 Nondefense search and navigation

 equipment...................................... 3,901 3,893 3,836 0.2 1.5 0.2 3,909 3,814 3,801 3,677 6.3

 Defense search and navigation

 equipment....................................... 3,499 3,501 3,419 -0.1 2.4 1.1 3,485 3,370 3,378 3,068 13.6

 Electromedical, measuring 

 and control instruments...................... 12,814 12,825 12,981 -0.1 -1.2 -0.2 12,727 12,328 13,192 12,339 3.1

 Electrical equipment, appliances, 

 and components.................................... 16,561 16,640 16,609 -0.5 0.2 1.3 16,546 16,034 16,557 16,760 -1.3

 Electric lighting equipment..................... 2,291 2,295 2,282 -0.2 0.6 -0.3 2,284 2,205 2,278 2,189 4.3

 Household appliances........................... 1,919 1,945 1,952 -1.3 -0.4 -2.6 1,891 1,779 1,892 1,868 1.2

 Electrical equipment............................. 4,698 4,744 4,785 -1.0 -0.9 -0.6 4,746 4,647 4,851 4,886 -2.9

 Batteries............................................ 1,199 1,190 1,193 0.8 -0.3 -1.8 1,168 1,121 1,170 1,167 0.1

 Transportation equipment......................... 134,270 133,686 133,374 0.4 0.2 1.1 133,507 129,583 133,687 122,750 8.8

 Automobiles....................................... 2,928 2,880 2,874 1.7 0.2 0.0 2,986 2,746 2,994 2,762 8.1

 Light trucks and utility vehicles.............. 2,880 2,854 2,774 0.9 2.9 2.1 2,950 2,522 2,842 2,646 11.5

 Heavy duty trucks ............................... 1,709 1,645 1,572 3.9 4.6 -1.9 1,768 1,525 1,644 1,733 2.0

 Motor vehicle bodies, parts, 

 and trailers...................................... 20,373 20,277 20,202 0.5 0.4 0.2 20,656 19,899 20,227 19,157 7.8

 Nondefense aircraft and parts................ 76,292 75,957 75,574 0.4 0.5 1.3 75,079 73,111 75,521 68,113 10.2

 Defense aircraft and parts..................... 14,545 14,146 14,399 2.8 -1.8 -0.8 14,442 13,924 14,369 13,231 9.2

 Ships and boats.................................. 2,252 2,290 2,285 -1.7 0.2 2.3 2,262 2,348 2,285 2,447 -7.6

 Furniture and related products.................... 6,402 6,378 6,333 0.4 0.7 0.3 6,364 6,225 6,355 6,017 5.8

 Miscellaneous durable goods..................... 24,596 24,602 24,352 0.0 1.0 0.8 24,532 24,196 24,576 23,502 4.4

 Nondurable goods industries...................... 238,108 242,303 247,162 -1.7 -2.0 -0.7 236,294 234,762 246,601 247,753 -4.6

 Food products........................................ 47,075 47,029 47,105 0.1 -0.2 -0.3 46,764 46,845 49,203 46,201 1.2

 Grain and oilseed milling........................ 4,742 4,757 4,846 -0.3 -1.8 0.6 4,926 4,943 5,154 5,260 -6.3

 Dairy products.................................... 6,386 6,506 6,550 -1.8 -0.7 0.2 6,112 6,016 6,230 5,727 6.7

 Meat, poultry, and seafood products....... 9,414 9,332 9,273 0.9 0.6 -0.3 9,243 9,154 9,620 8,895 3.9

 Beverage and tobacco products................ 21,441 21,340 21,267 0.5 0.3 0.1 21,773 21,341 21,704 20,857 4.4

 Beverages......................................... 17,018 16,909 16,861 0.6 0.3 -0.1 17,115 16,742 17,134 16,481 3.8

 Tobacco............................................ 4,423 4,431 4,406 -0.2 0.6 0.8 4,658 4,599 4,570 4,376 6.4

 Textile mills............................................ 3,475 3,489 3,485 -0.4 0.1 0.7 3,474 3,438 3,441 3,431 1.3

 Textile products...................................... 3,068 3,069 3,064 0.0 0.2 0.1 3,065 2,986 3,021 3,138 -2.3

 Apparel................................................. 3,039 2,987 2,956 1.7 1.0 2.7 3,021 2,807 2,875 2,384 26.7

 Leather and allied products....................... 1,090 1,097 1,101 -0.6 -0.4 0.6 1,089 1,081 1,105 1,042 4.5

 Paper products....................................... 14,881 14,804 14,758 0.5 0.3 0.3 14,904 14,664 14,651 14,425 3.3

 Pulp, paper, and paperboard mills........... 6,314 6,274 6,221 0.6 0.9 0.8 6,327 6,235 6,170 6,024 5.0

 Paperboard containers......................... 4,466 4,457 4,444 0.2 0.3 0.5 4,516 4,453 4,398 4,280 5.5

 Printing.................................................. 6,001 5,984 5,960 0.3 0.4 -0.1 5,792 5,697 5,943 5,409 7.1

 Petroleum and coal products..................... 34,565 38,492 42,859 -10.2 -10.2 -4.1 33,229 35,437 42,149 47,095 -29.4

 Petroleum refineries............................. 30,759 34,675 39,117 -11.3 -11.4 -4.6 29,389 31,670 38,435 43,283 -32.1

 Chemical products..................................... 81,123 81,611 81,932 -0.6 -0.4 0.0 80,785 78,695 80,287 81,017 -0.3

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,190 4,258 4,318 -1.6 -1.4 -3.4 4,585 4,407 4,251 4,657 -1.5

 Pharmaceuticals and medicines.............. 31,134 31,208 31,152 -0.2 0.2 0.4 30,807 29,622 30,338 30,539 0.9

 Paints, coatings, and adhesives.............. 3,498 3,501 3,489 -0.1 0.3 0.7 3,505 3,318 3,350 3,350 4.6

 Plastics and rubber products..................... 22,350 22,401 22,675 -0.2 -1.2 -0.3 22,398 21,771 22,222 22,754 -1.6

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 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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2015/

2015p 2014r 2014 Jan. Dec. Nov. 2015p 2014r 2014 2014 2015p 2014 2014

SHIPMENTS

 All manufacturing industries................... 479,126 488,963 493,522 -2.0 -0.9 -1.0 437,582 482,891 470,631 456,457 437,582 456,457 -4.1

 Construction materials and supplies....... 46,639 46,795 45,955 -0.3 1.8 -0.3 40,340 41,227 42,025 38,297 40,340 38,297 5.3

 Information technology......................... 21,947 21,972 21,865 -0.1 0.5 1.1 18,368 25,677 21,012 18,135 18,368 18,135 1.3

 Computers and related products........... 1,963 1,901 1,934 3.3 -1.7 -1.4 1,372 3,086 1,626 1,702 1,372 1,702 -19.4

 Motor vehicle and parts......................... 48,045 49,390 47,787 -2.7 3.4 0.2 43,004 45,604 44,678 40,694 43,004 40,694 5.7

 Capital goods...................................... 89,690 89,930 88,823 -0.3 1.2 -0.9 75,308 100,941 83,849 72,083 75,308 72,083 4.5

 Nondefense capital goods3.................. 80,514 79,463 78,856 1.3 0.8 -1.2 67,894 89,526 73,464 64,231 67,894 64,231 5.7

 Excluding aircraft............................. 70,267 70,219 69,941 0.1 0.4 -0.5 61,309 75,885 65,066 58,910 61,309 58,910 4.1

 Defense capital goods4........................ 9,176 10,467 9,967 -12.3 5.0 1.7 7,414 11,415 10,385 7,852 7,414 7,852 -5.6

 Consumer goods.................................. 189,443 196,843 204,187 -3.8 -3.6 -1.2 176,933 193,520 200,056 200,422 176,933 200,422 -11.7

 Consumer durable goods..................... 37,314 38,446 37,491 -2.9 2.5 0.2 32,759 37,048 35,461 31,838 32,759 31,838 2.9

 Consumer nondurable goods................ 152,129 158,397 166,696 -4.0 -5.0 -1.5 144,174 156,472 164,595 168,584 144,174 168,584 -14.5

 All manufacturing industries5................... 470,005 470,880 487,885 -0.2 -3.5 -1.7 429,826 482,255 465,611 452,032 429,826 452,032 -4.9

 Construction materials and supplies....... 46,737 46,296 46,296 1.0 0.0 -1.0 40,892 40,467 41,788 39,342 40,892 39,342 3.9

 Information technology......................... 22,435 22,454 22,745 -0.1 -1.3 0.0 19,129 26,621 20,640 18,988 19,129 18,988 0.7

 Computers and related products........... 2,006 1,867 2,026 7.4 -7.8 -0.9 1,415 3,052 1,718 1,516 1,415 1,516 -6.7

 Motor vehicle and parts......................... 48,136 49,424 48,117 -2.6 2.7 0.6 43,249 46,254 45,224 40,919 43,249 40,919 5.7

 Capital goods...................................... 87,575 81,003 90,267 8.1 -10.3 -2.7 72,671 106,605 86,061 73,979 72,671 73,979 -1.8

 Nondefense capital goods3.................. 79,859 72,990 81,184 9.4 -10.1 -1.5 67,014 94,997 78,593 68,422 67,014 68,422 -2.1

 Excluding aircraft............................. 70,692 70,308 70,643 0.5 -0.5 -0.5 64,133 75,115 64,222 63,890 64,133 63,890 0.4

 Defense capital goods4........................ 7,716 8,013 9,083 -3.7 -11.8 -12.2 5,657 11,608 7,468 5,557 5,657 5,557 1.8

 Consumer goods.................................. 189,413 196,985 204,272 -3.8 -3.6 -1.2 177,031 193,571 200,288 200,622 177,031 200,622 -11.8

 Consumer durable goods..................... 37,284 38,588 37,576 -3.4 2.7 0.2 32,857 37,099 35,693 32,038 32,857 32,038 2.6

 Consumer nondurable goods.............. 152,129 158,397 166,696 -4.0 -5.0 -1.5 144,174 156,472 164,595 168,584 144,174 168,584 -14.5

 All manufacturing industries5................... 1,163,387 1,165,551 1,176,381 -0.2 -0.9 0.2 1,168,007 1,167,843 1,162,052 1,065,067 (X) (X) 9.7

 Construction materials and supplies....... 57,153 57,055 57,554 0.2 -0.9 0.6 56,199 55,647 56,407 51,946 (X) (X) 8.2

 Information technology......................... 149,417 148,929 148,447 0.3 0.3 0.6 148,741 147,980 147,036 138,382 (X) (X) 7.5

 Computers and related products........... 4,237 4,194 4,228 1.0 -0.8 2.2 4,237 4,194 4,228 3,203 (X) (X) 32.3

 Motor vehicle and parts......................... 17,899 17,808 17,774 0.5 0.2 1.9 18,281 18,036 17,386 16,741 (X) (X) 9.2

 Capital goods...................................... 884,521 886,636 895,563 -0.2 -1.0 0.2 888,285 890,922 885,258 806,341 (X) (X) 10.2

 Nondefense capital goods3.................. 730,890 731,545 738,018 -0.1 -0.9 0.3 735,760 736,640 731,169 648,062 (X) (X) 13.5

 Excluding aircraft............................. 254,201 253,776 253,687 0.2 0.0 0.3 252,067 249,243 250,013 233,625 (X) (X) 7.9

 Defense capital goods4........................ 153,631 155,091 157,545 -0.9 -1.6 -0.6 152,525 154,282 154,089 158,279 (X) (X) -3.6

 Consumer goods.................................. 5,290 5,320 5,178 -0.6 2.7 1.7 5,336 5,238 5,187 4,733 (X) (X) 12.7

 Consumer durable goods..................... 5,290 5,320 5,178 -0.6 2.7 1.7 5,336 5,238 5,187 4,733 (X) (X) 12.7 

 All manufacturing industries................... 650,469 652,944 655,876 -0.4 -0.4 0.0 647,507 634,377 656,236 635,633 (X) (X) 1.9

 Construction materials and supplies....... 66,502 66,203 65,682 0.5 0.8 0.8 66,475 64,612 64,721 63,187 (X) (X) 5.2

 Information technology......................... 41,358 41,329 41,271 0.1 0.1 0.4 41,284 39,844 41,955 40,579 (X) (X) 1.7

 Computers and related products........... 4,771 4,740 4,629 0.7 2.4 -0.9 4,701 4,418 4,850 4,513 (X) (X) 4.2

 Motor vehicle and parts......................... 27,890 27,656 27,422 0.8 0.9 0.2 28,360 26,692 27,707 26,298 (X) (X) 7.8

 Capital goods...................................... 211,056 210,778 210,626 0.1 0.1 0.5 209,160 203,751 212,443 198,240 (X) (X) 5.5

 Nondefense capital goods3.................. 186,823 186,739 186,480 0.0 0.1 0.4 184,833 179,652 188,258 175,363 (X) (X) 5.4

 Excluding aircraft............................. 122,450 122,736 122,775 -0.2 0.0 -0.1 121,694 118,520 124,614 119,248 (X) (X) 2.1

 Defense capital goods4........................ 24,233 24,039 24,146 0.8 -0.4 0.9 24,327 24,099 24,185 22,877 (X) (X) 6.3

 Consumer goods.................................. 177,112 180,810 184,907 -2.0 -2.2 -0.9 175,912 174,694 186,112 185,743 (X) (X) -5.3

 Consumer durable goods..................... 27,460 27,341 27,111 0.4 0.8 0.4 27,966 26,409 27,424 26,336 (X) (X) 6.2

 Consumer nondurable goods................ 149,652 153,469 157,796 -2.5 -2.7 -1.1 147,946 148,285 158,688 159,407 (X) (X) -7.2

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 Jan.

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2015/

2015p 2014r 2014 Jan. Dec. Nov. 2015p 2014r 2014 2014 2014

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 209,427 211,255 211,415 -0.9 -0.1 0.0 210,284 209,367 210,289 207,994 1.1

 Durable goods industries.......................... 132,459 132,482 131,433 0.0 0.8 0.3 132,896 131,421 131,406 127,100 4.6

 Wood products................................... 4,049 4,083 4,078 -0.8 0.1 -0.3 4,257 4,233 4,223 4,131 3.1

 Nonmetallic mineral products................. 4,323 4,311 4,303 0.3 0.2 -1.8 4,339 4,273 4,257 4,437 -2.2

 Primary metals.................................... 15,331 15,082 14,703 1.7 2.6 1.4 15,492 15,288 14,750 14,103 9.8

 Fabricated metal products........................ 18,222 18,034 17,963 1.0 0.4 0.7 18,270 18,000 17,773 17,665 3.4

 Machinery.......................................... 25,630 25,743 25,658 -0.4 0.3 0.2 25,453 24,921 25,621 24,415 4.3

 Computers and electronic products........ 19,878 19,899 19,549 -0.1 1.8 -0.1 20,080 19,733 19,621 18,667 7.6

 Electrical equipment, appliances,

 and components............................... 6,457 6,501 6,514 -0.7 -0.2 0.9 6,489 6,380 6,472 6,974 -7.0

 Transportation equipment..................... 27,650 27,816 27,986 -0.6 -0.6 0.0 27,541 27,703 28,081 26,543 3.8

 Furniture and related products............... 3,153 3,138 3,055 0.5 2.7 0.1 3,158 3,114 3,038 2,943 7.3

 Miscellaneous products......................... 7,766 7,875 7,624 -1.4 3.3 1.5 7,817 7,776 7,570 7,222 8.2

 Nondurable goods industries...................... 76,968 78,773 79,982 -2.3 -1.5 -0.6 77,388 77,946 78,883 80,894 -4.3

 Food products.................................... 16,262 16,483 16,491 -1.3 0.0 0.5 16,559 16,858 17,036 16,629 -0.4

 Beverage and tobacco products.................. 5,416 5,413 5,433 0.1 -0.4 0.6 5,599 5,531 5,449 5,443 2.9

 Textiles.............................................. 1,241 1,258 1,246 -1.4 1.0 0.2 1,237 1,239 1,220 1,240 -0.2

 Textile products................................... 1,349 1,347 1,348 0.1 -0.1 1.0 1,349 1,334 1,329 1,283 5.1

 Apparel............................................. 1,070 977 953 9.5 2.5 0.2 1,072 946 938 770 39.2

 Leather and allied products.................... 298 304 304 -2.0 0.0 1.7 298 304 299 312 -4.5

 Paper products.................................... 7,052 7,008 7,003 0.6 0.1 0.4 7,138 7,026 6,965 6,904 3.4

 Printing ............................................. 2,564 2,557 2,556 0.3 0.0 0.1 2,529 2,481 2,556 2,429 4.1

 Petroleum and coal products................. 9,122 10,469 11,598 -12.9 -9.7 -3.5 8,843 9,778 10,926 12,726 -30.5

 Chemical products................................ 23,562 23,866 23,907 -1.3 -0.2 -0.4 23,618 23,494 23,327 23,876 -1.1

 Plastics and rubber products.................. 9,032 9,091 9,143 -0.6 -0.6 -1.6 9,146 8,955 8,838 9,282 -1.5

WORK IN PROCESS

 All manufacturing industries....................... 214,172 214,274 215,570 0.0 -0.6 0.1 213,181 207,165 216,816 204,234 4.4

 Durable goods industries.......................... 168,112 166,920 166,134 0.7 0.5 0.7 167,012 161,289 166,879 154,140 8.4

 Wood products................................... 2,254 2,097 2,095 7.5 0.1 1.6 2,239 2,031 2,078 1,890 18.5

 Nonmetallic mineral products................. 1,461 1,471 1,444 -0.7 1.9 1.3 1,462 1,411 1,374 1,381 5.9

 Primary metals.................................... 11,857 11,726 11,602 1.1 1.1 1.0 11,800 11,145 11,568 10,487 12.5

 Fabricated metal products........................ 14,169 14,079 13,963 0.6 0.8 0.2 13,999 13,749 14,033 13,241 5.7

 Machinery.......................................... 20,064 20,021 20,150 0.2 -0.6 -0.8 19,849 19,007 20,792 18,748 5.9

 Computers and electronic products........ 16,160 15,935 15,850 1.4 0.5 -0.2 16,035 15,275 16,056 16,056 -0.1

 Electrical equipment, appliances,

 and components............................... 3,953 3,983 3,936 -0.8 1.2 2.2 3,969 3,826 3,950 3,715 6.8

 Transportation equipment..................... 93,285 92,721 92,217 0.6 0.5 1.2 92,793 90,109 92,113 83,853 10.7

 Furniture and related products............... 1,007 986 1,030 2.1 -4.3 1.6 1,008 978 1,024 957 5.3

 Miscellaneous products......................... 3,902 3,901 3,847 0.0 1.4 0.0 3,858 3,758 3,891 3,812 1.2

 Nondurable goods industries...................... 46,060 47,354 49,436 -2.7 -4.2 -1.8 46,169 45,876 49,937 50,094 -7.8

 Food products.................................... 4,792 4,617 4,567 3.8 1.1 1.9 5,063 5,071 5,451 4,755 6.5

 Beverage and tobacco products.................. 7,391 7,357 7,326 0.5 0.4 -1.1 7,848 7,916 7,852 7,615 3.1

 Textiles.............................................. 766 777 780 -1.4 -0.4 -0.1 765 755 779 756 1.2

 Textile products................................... 448 440 439 1.8 0.2 -1.8 449 416 437 435 3.2

 Apparel............................................. 371 379 378 -2.1 0.3 0.0 359 338 365 341 5.3

 Leather and allied products.................... 95 91 90 4.4 1.1 1.1 96 90 91 98 -2.0

 Paper products.................................... 1,396 1,383 1,399 0.9 -1.1 -0.3 1,402 1,359 1,380 1,410 -0.6

 Printing ............................................. 1,264 1,258 1,246 0.5 1.0 -2.4 1,199 1,145 1,250 1,185 1.2

 Petroleum and coal products................. 8,550 9,702 12,036 -11.9 -19.4 -9.3 7,915 8,648 11,840 13,047 -39.3

 Chemical products................................ 18,293 18,680 18,497 -2.1 1.0 1.3 18,360 17,573 17,862 17,787 3.2

 Plastics and rubber products.................. 2,694 2,670 2,678 0.9 -0.3 4.9 2,713 2,565 2,630 2,665 1.8

FINISHED GOODS

 All manufacturing industries....................... 226,870 227,415 228,891 -0.2 -0.6 0.0 224,042 217,845 229,131 223,405 0.3

 Durable goods industries.......................... 111,790 111,239 111,147 0.5 0.1 0.4 111,305 106,905 111,350 106,640 4.4

 Wood products................................... 4,733 4,736 4,702 -0.1 0.7 2.9 4,753 4,529 4,532 4,550 4.5

 Nonmetallic mineral products................. 6,444 6,413 6,432 0.5 -0.3 0.3 6,454 6,220 6,203 6,078 6.2

 Primary metals.................................... 12,002 11,835 11,775 1.4 0.5 0.4 11,913 11,657 11,456 10,812 10.2

 Fabricated metal products........................ 18,729 18,662 18,556 0.4 0.6 1.1 18,682 18,105 18,247 17,323 7.8

 Machinery.......................................... 21,742 21,816 21,785 -0.3 0.1 -1.0 21,761 21,071 21,928 22,322 -2.5

 Computers and electronic products........ 13,484 13,392 13,438 0.7 -0.3 -1.1 13,426 12,929 13,948 12,545 7.0

 Electrical equipment, appliances,

 and components............................... 6,151 6,156 6,159 -0.1 0.0 1.1 6,088 5,828 6,135 6,071 0.3

 Transportation equipment..................... 13,335 13,149 13,171 1.4 -0.2 2.2 13,173 11,771 13,493 12,354 6.6

 Furniture and related products............... 2,242 2,254 2,248 -0.5 0.3 -0.1 2,198 2,133 2,293 2,117 3.8

 Miscellaneous products......................... 12,928 12,826 12,881 0.8 -0.4 0.7 12,857 12,662 13,115 12,468 3.1

 Nondurable goods industries...................... 115,080 116,176 117,744 -0.9 -1.3 -0.3 112,737 110,940 117,781 116,765 -3.4

 Food products.................................... 26,021 25,929 26,047 0.4 -0.5 -1.1 25,142 24,916 26,716 24,817 1.3

 Beverage and tobacco products.................. 8,634 8,570 8,508 0.7 0.7 0.8 8,326 7,894 8,403 7,799 6.8

 Textiles.............................................. 1,468 1,454 1,459 1.0 -0.3 1.7 1,472 1,444 1,442 1,435 2.6

 Textile products................................... 1,271 1,282 1,277 -0.9 0.4 -0.2 1,267 1,236 1,255 1,420 -10.8

 Apparel............................................. 1,598 1,631 1,625 -2.0 0.4 5.0 1,590 1,523 1,572 1,273 24.9

 Leather and allied products.................... 697 702 707 -0.7 -0.7 0.1 695 687 715 632 10.0

 Paper products.................................... 6,433 6,413 6,356 0.3 0.9 0.4 6,364 6,279 6,306 6,111 4.1

 Printing ............................................. 2,173 2,169 2,158 0.2 0.5 1.2 2,064 2,071 2,137 1,795 15.0

 Petroleum and coal products................. 16,893 18,321 19,225 -7.8 -4.7 -0.8 16,471 17,011 19,383 21,322 -22.8

 Chemical products................................ 39,268 39,065 39,528 0.5 -1.2 -0.2 38,807 37,628 39,098 39,354 -1.4

 Plastics and rubber products.................. 10,624 10,640 10,854 -0.2 -2.0 -0.4 10,539 10,251 10,754 10,807 -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.

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 Jan Dec Nov Oct Jan Dec Nov Oct

2015p 2014r 2014 2014 2015p 2014r 2014 2014

All manufacturing industries3............................ 1.36 1.34 1.33 1.32 (X) (X) (X) (X)

Durable goods industries3.................................. 1.68 1.66 1.67 1.65 6.68 6.65 6.81 6.75

 Wood products.............................................. 1.33 1.32 1.34 1.30 (X) (X) (X) (X)

 Nonmetallic mineral products......................... 1.30 1.30 1.34 1.31 (X) (X) (X) (X)

 Primary metals.............................................. 1.48 1.42 1.39 1.36 1.47 1.44 1.47 1.46

 Fabricated metal products.............................. 1.66 1.64 1.66 1.65 2.94 2.92 2.99 2.98

 Machinery..................................................... 1.89 1.87 1.85 1.84 3.47 3.44 3.44 3.43

 Computers and electronic products3................ 1.74 1.72 1.70 1.70 7.65 7.63 7.66 7.65

 Electrical equipment, appliances,

 and components........................................ 1.56 1.55 1.56 1.56 2.68 2.69 2.68 2.71

 Transportation equipment.............................. 1.80 1.78 1.84 1.81 15.13 15.30 16.14 15.85

 Furniture and related products........................ 1.06 1.04 1.06 1.06 1.36 1.35 1.37 1.36

 Miscellaneous products.................................. 1.62 1.64 1.63 1.60 (X) (X) (X) (X)

Nondurable goods industries............................. 1.02 1.01 0.99 0.99 (X) (X) (X) (X)

 Food products.............................................. 0.71 0.70 0.71 0.70 (X) (X) (X) (X)

 Beverage and tobacco products...................... 1.83 1.75 1.78 1.73 (X) (X) (X) (X)

 Textiles........................................................ 1.30 1.32 1.33 1.31 (X) (X) (X) (X)

 Textile products............................................ 1.43 1.45 1.49 1.49 (X) (X) (X) (X)

 Apparel......................................................... 2.36 2.27 2.27 2.26 (X) (X) (X) (X)

 Leather and allied products............................. 2.13 2.18 2.13 2.15 (X) (X) (X) (X)

 Paper products.............................................. 1.02 1.01 1.02 1.02 (X) (X) (X) (X)

 Printing......................................................... 0.91 0.92 0.91 0.91 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.73 0.72 0.69 0.70 (X) (X) (X) (X)

 Chemical products......................................... 1.32 1.31 1.32 1.31 (X) (X) (X) (X)

 Plastics and rubber products........................... 1.19 1.18 1.20 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.

Jan3 Jan3 Jan3 Jan3

Industry 2014- 2014- 2014- 2014-

Jan2 Dec Jan2 Dec Jan2 Dec Jan2 Dec

2015 2014 2015 2014 2015 2014 2015 2014

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

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

 Wood products................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.3

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

 Primary metals.................................... -0.6 0.4 -0.7 0.8 -0.3 0.5 -0.3 0.3

 Fabricated metal products.................... -0.4 0.3 -0.4 0.7 0.0 0.1 0.1 0.1

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

 Computers and electronic products..... 0.1 0.5 0.7 0.6 0.1 0.1 -0.1 0.2

 Electrical equipment, appliances,

 and components............................. -0.3 0.5 -0.4 0.7 -0.1 0.3 -0.1 0.4

 Transportation equipment.................... 0.6 0.4 0.6 0.7 0.0 0.1 -0.1 0.1

 Furniture and related products............. (X) 0.4 (X) 0.6 (X) 0.5 (X) 0.2

 Miscellaneous products...................... (X) 0.8 (X) 0.8 (X) 0.4 (X) 0.2

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

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

 Beverage and tobacco products............ (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

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

 Textile products.................................. (X) 1.5 (X) (NA) (X) (NA) (X) 0.6

 Apparel.............................................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Leather and allied products.................... (X) 0.9 (X) (NA) (X) (NA) (X) 0.4

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

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

 Petroleum and coal products................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.8

 Chemical products................................ (X) 0.5 (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, 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 month-tomonth 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 14, 2015. These revisions result from benchmarking the shipments and inventories 

data to the 2012 Economic Census and the 2013 Annual Survey of Manufactures (ASM) data on a 

2012 North American Industry Classification System (NAICS) basis, as well as revised ASM 

benchmarks for prior years on a 2007 NAICS basis; incorporating the unfilled orders to shipments 

ratios obtained from the 2013/2012 and 2012/2011 Manufacturers’ Unfilled Orders Surveys by 

applying these ratios to the respective Census or ASM shipments data, as well as incorporating revised 

unfilled orders to shipments ratios for prior years; 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; and 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 2015 and the data not seasonally adjusted for January 2001 through March 2015. An 

updated Press Release will contain revised monthly tables for January 2015 through March 2015 on a 

2012 NAICS basis, which will be the new basis for publishing data from the M3 Survey starting with 

the April 2015 Advance Report on Durable Goods. Please call M3 staff on (301) 763-4832 with any 

questions.