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FOR RELEASE AT 10:00 AM EDT, MONDAY, APRIL 5, 2021

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

FEBRUARY 2021

Release Number: CB 21-43 M3-2 (21)-02

Statement Regarding COVID-19 Impact: The Census Bureau continues to monitor response and data quality 

and has determined that estimates in this release meet publication standards. For more information, see < M3 

COVID-19 FAQs>.

April 5, 2021 — The U.S. Census Bureau announces the February full report on manufacturers’ shipments, 

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

FEBRUARY 2021 $505.7 billion -0.8%°

JANUARY 2021

(revised) $509.7 billion +2.7%°

Next release: May 4, 2021

Data adjusted for seasonal variation but not for price changes.

Statistical significance is not measurable for this survey. The Manufacturers' Shipments, 

Inventories, and Orders estimates are not based on a probability sample, so the sampling error 

of these estimates cannot be measured nor can the confidence intervals be computed.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, April 5, 2021.

Summary

New orders for manufactured goods in February, down following nine consecutive monthly increases,

decreased $4.1 billion or 0.8 percent to $505.7 billion, the U.S. Census Bureau reported today. This 

followed a 2.7 percent January increase. Shipments, also down following nine consecutive monthly 

increases, decreased $10.3 billion or 2.0 percent to $502.4 billion. This followed a 1.8 percent January

increase. Unfilled orders, up two consecutive months, increased $8.5 billion or 0.8 percent to $1,082.3

billion. This followed a 0.2 percent January increase. The unfilled orders-to-shipments ratio was 6.29, up

from 6.11 in January. Inventories, up six of the last seven months, increased $5.5 billion or 0.8 percent to 

$702.4 billion. This followed a 0.2 percent January increase. The inventories-to-shipments ratio was 1.40,

up from 1.36 in January.

Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21

% Change -11.0% -13.5% 7.7% 6.4% 6.5% 0.6% 1.3% 1.3% 1.3% 1.6% 2.7% -0.8%

-14.0%

-13.0%

-12.0%

-11.0%

-10.0%

-9.0%

-8.0%

-7.0%

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0% MANUFACTURERS' NEW ORDERS 2020-2021

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, April 5, 2021.
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New Orders

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

increases, decreased $3.2 billion or 1.2 percent to $254.1 billion, down from the previously published 1.1 

percent decrease. This followed a 3.6 percent January increase. Transportation equipment, down 

following five consecutive monthly increases, led the decrease, $1.5 billion or 1.8 percent to $83.4 billion. 

New orders for manufactured nondurable goods decreased $0.9 billion or 0.4 percent to $251.6 billion.

Shipments

Shipments of manufactured durable goods in February, down following five consecutive monthly 

increases, decreased $9.4 billion or 3.6 percent to $250.8 billion, down from the previously published 3.5

percent decrease. This followed a 1.8 percent January increase. Transportation equipment, also down 

following five consecutive monthly increases, led the decrease, $7.1 billion or 8.3 percent to $78.5 billion. 

Shipments of manufactured nondurable goods, down following nine consecutive monthly increases, 

decreased $0.9 billion or 0.4 percent to $251.6 billion. This followed a 1.8 percent January increase. 

Chemical products, also down following nine consceutive monthly increases, led the decrease, $0.8 billion 

or 1.1 percent to $71.1 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in February, up two consecutive months, increased $8.5

billion or 0.8 percent to $1,082.3 billion, unchanged from the previously published increase. This followed 

a 0.2 percent January increase. Transportation equipment, up following eleven consecutive monthly 

decreases, led the increase, $5.0 billion or 0.7 percent to $711.1 billion.

Inventories

Inventories of manufactured durable goods in February, up following two consecutive monthly decreases, 

increased $2.8 billion or 0.7 percent to $427.3 billion, unchanged from the previously published increase. 

This followed a 0.3 percent January decrease. Transportation equipment, also up following two 

consecutive monthly decreases, led the increase, $0.9 billion or 0.6 percent to $146.6 billion. Inventories 

of manufactured nondurable goods, up six of the last seven months, increased $2.7 billion or 1.0 percent 

to $275.1 billion. This followed a 0.9 percent January increase. Petroleum and coal products, up four

consecutive months, led the increase, $1.9 billion or 5.3 percent to $37.4 billion. By stage of fabrication, 

February materials and supplies increased 1.4 percent in durable goods and 1.2 percent in nondurable 

goods. Work in process increased 0.1 percent in durable goods and 1.7 percent in nondurable goods. 

Finished goods increased 0.5 percent in durable goods and 0.6 percent in nondurable goods.
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The Advance Report on durable goods for March is scheduled for release on April 26, 2021 at 8:30 a.m.

EDT and the Full Report on May 4, 2021 at 10:00 a.m. EDT. View the full schedule in the Economic Briefing

Room: <www.census.gov/economic-indicators/>. The full text and tables of this release can be found at

<www.census.gov/m3>.

EXPLANATORY NOTES

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

exclude data for semiconductor manufacturing. 

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

decrease. 

Description of the survey 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Benchmark notice

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

issued on May 14, 2021. These revisions result from

• benchmarking the M3 shipments and inventories data to the 2019 and 2018 Annual Survey of 

Manufactures (ASM) data, as well as to revised ASM data from 2013 through 2016, resulting from 

benchmarking the ASM to the 2017 Economic Census; 

• incorporating the unfilled orders to shipments ratios obtained for 2019 and 2018 from the 

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

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

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

data;

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

reported data;

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

review of the seasonal adjustment models. 

These revisions will span the seasonally adjusted data for January 2007 through March 2021 and the data 

not seasonally adjusted for January 2012 through March 2021. An updated Press Release will contain 

revised monthly tables for January 2021 through March 2021. 
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RESOURCES

API

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

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

before.

<www.census.gov/developers/>.

FRED Mobile App

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

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

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

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

###
Table 1. Value of Manufacturers' Shipments for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2021/

2021p 2021r 2020 Feb. Jan. Dec. 2021p 2021r 2020 2020 2021p 2020 2020

 All manufacturing industries.................. 502,400 512,672 503,716 -2.0 1.8 2.1 470,833 470,046 501,087 473,087 940,879 939,062 0.2

 Excluding transportation................... 423,914 427,043 418,344 -0.7 2.1 1.8 394,184 396,098 416,135 389,737 790,282 781,934 1.1

 Excluding defense.............................. 487,633 497,741 489,285 -2.0 1.7 2.3 456,679 457,506 484,884 459,193 914,185 913,119 0.1

 With unfilled orders............................ 171,951 175,769 171,375 -2.2 2.6 2.1 162,428 156,910 173,825 164,505 319,338 320,585 -0.4

 Durable goods industries......................... 250,802 260,178 255,701 -3.6 1.8 2.1 237,343 231,570 255,435 237,057 468,913 460,528 1.8

 Wood products....................................... 10,989 11,018 10,471 -0.3 5.2 1.8 9,947 9,383 9,253 8,500 19,330 16,487 17.2

 Nonmetallic mineral products.................... 11,879 12,460 12,230 -4.7 1.9 1.7 10,235 10,630 10,785 9,974 20,865 20,203 3.3

 Primary metals....................................... 20,051 20,268 19,896 -1.1 1.9 3.0 19,774 19,969 18,302 19,376 39,743 38,898 2.2

 Iron and steel mills............................ 10,512 10,698 10,352 -1.7 3.3 4.5 10,446 10,665 9,452 9,875 21,111 20,057 5.3

 Aluminum and nonferrous metals.......... 8,411 8,397 8,362 0.2 0.4 1.9 8,240 8,210 7,792 8,150 16,450 16,150 1.9

 Ferrous metal foundries....................... 1,128 1,173 1,182 -3.8 -0.8 -1.4 1,088 1,094 1,058 1,351 2,182 2,691 -18.9

 Fabricated metal products....................... 32,370 32,590 31,750 -0.7 2.6 2.3 30,356 29,938 29,838 30,457 60,294 60,431 -0.2

 Machinery............................................. 32,438 33,214 32,063 -2.3 3.6 1.5 31,181 29,383 33,154 30,363 60,564 59,032 2.6

 Farm machinery................................. 2,065 2,197 2,104 -6.0 4.4 -3.4 2,275 1,951 1,857 2,052 4,226 3,727 13.4

 Construction machinery..................... 2,844 2,988 2,719 -4.8 9.9 -1.3 2,853 2,591 2,686 2,798 5,444 5,408 0.7

 Mining, oil field, and 

 gas field machinery.......................... 1,111 1,111 1,059 0.0 4.9 -2.9 1,035 1,035 1,234 1,356 2,070 2,739 -24.4

 Industrial machinery.......................... 3,375 3,503 3,344 -3.7 4.8 4.4 2,939 2,909 3,956 2,776 5,848 5,522 5.9

 Photographic equipment...................... 599 616 597 -2.8 3.2 5.1 528 509 680 506 1,037 966 7.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,107 4,282 3,793 -4.1 12.9 -2.1 3,376 3,271 3,674 3,106 6,647 6,081 9.3

 Metalworking machinery..................... 2,663 2,618 2,467 1.7 6.1 -1.5 2,453 2,328 2,830 2,392 4,781 4,715 1.4

 Turbines, generators, and other

 power transmission equipment....... 4,073 4,057 4,324 0.4 -6.2 10.1 4,122 3,899 4,136 4,021 8,021 7,858 2.1

 Material handling equipment............... 2,765 2,802 2,838 -1.3 -1.3 1.5 2,683 2,575 3,097 2,702 5,258 5,383 -2.3

 Computers and electronic products2.......... 31,138 31,263 30,893 -0.4 1.2 0.8 27,771 28,024 34,717 26,035 55,795 51,617 8.1

 Computers........................................ 620 606 569 2.3 6.5 -2.4 457 510 655 446 967 934 3.5

 Computer storage devices..................... 584 613 509 -4.7 20.4 1.4 457 498 741 361 955 742 28.7

 Other peripheral equipment................ 856 887 807 -3.5 9.9 -3.8 674 801 981 591 1,475 1,230 19.9

 Nondefense communications

 equipment.................................... 3,935 3,955 4,187 -0.5 -5.5 2.8 3,170 3,094 5,693 2,799 6,264 5,483 14.2

 Defense communications equipment.... 287 279 267 2.9 4.5 -11.3 283 220 282 255 503 458 9.8

 Audio and video equipment.................... 368 366 311 0.5 17.7 -12.9 313 279 426 261 592 486 21.8

 Electronic components......................... 4,489 4,532 4,483 -0.9 1.1 -0.5 4,053 4,081 4,630 3,896 8,134 7,650 6.3

 Nondefense search and navigation

 equipment...................................... 1,542 1,558 1,513 -1.0 3.0 -1.0 1,447 1,364 1,691 1,471 2,811 2,846 -1.2

 Defense search and navigation

 equipment..................................... 3,100 3,169 3,027 -2.2 4.7 0.9 2,918 2,621 3,338 2,909 5,539 5,368 3.2

 Electromedical, measuring,

 and control instruments................. 9,635 9,726 9,514 -0.9 2.2 1.5 8,682 8,428 11,133 8,013 17,110 15,589 9.8

 Electrical equipment, appliances, 

 and components................................... 11,599 11,680 10,971 -0.7 6.5 1.6 10,684 10,098 11,148 10,363 20,782 20,048 3.7

 Electric lighting equipment..................... 961 952 962 0.9 -1.0 1.1 901 863 971 942 1,764 1,871 -5.7

 Household appliances........................ 2,357 2,465 2,060 -4.4 19.7 -2.9 2,106 1,949 2,358 1,755 4,055 3,286 23.4

 Electrical equipment............................ 3,048 3,005 2,977 1.4 0.9 6.4 2,805 2,537 2,941 3,198 5,342 6,110 -12.6

 Batteries........................................... 833 910 762 -8.5 19.4 4.4 719 727 829 654 1,446 1,289 12.2

 Transportation equipment........................ 78,486 85,629 85,372 -8.3 0.3 3.4 76,649 73,948 84,952 83,350 150,597 157,128 -4.2

 Automobiles..................................... 5,926 6,364 7,294 -6.9 -12.8 -1.2 5,796 5,690 6,772 8,821 11,486 16,667 -31.1

 Light trucks and utility vehicles.............. 20,294 23,992 24,092 -15.4 -0.4 5.9 20,434 20,288 24,296 19,635 40,722 36,075 12.9

 Heavy duty trucks ............................. 2,479 2,606 2,631 -4.9 -1.0 -1.5 2,267 2,350 2,301 2,244 4,617 4,466 3.4

 Motor vehicle bodies, parts, 

 and trailers.................................... 28,334 29,785 29,547 -4.9 0.8 0.8 28,336 27,283 26,428 29,359 55,619 57,081 -2.6

 Nondefense aircraft and parts................ 5,653 7,153 6,185 -21.0 15.7 42.7 4,662 4,972 8,261 7,818 9,634 13,973 -31.1

 Defense aircraft and parts.................. 4,001 4,270 3,608 -6.3 18.3 -14.6 3,603 3,389 4,174 3,961 6,992 7,670 -8.8

 Ships and boats................................. 2,757 2,804 2,691 -1.7 4.2 -0.5 2,783 2,298 2,697 2,967 5,081 5,471 -7.1

 Furniture and related products.................. 6,558 6,486 6,582 1.1 -1.5 0.1 6,389 6,041 6,569 6,654 12,430 13,055 -4.8

 Miscellaneous durable goods................. 15,294 15,570 15,473 -1.8 0.6 -0.4 14,357 14,156 16,717 11,985 28,513 23,629 20.7

 Nondurable goods industries..................... 251,598 252,494 248,015 -0.4 1.8 2.0 233,490 238,476 245,652 236,030 471,966 478,534 -1.4

 Food products....................................... 68,984 68,917 68,412 0.1 0.7 0.2 65,967 65,844 68,475 66,739 131,811 131,610 0.2

 Grain and oilseed milling....................... 7,540 7,509 7,365 0.4 2.0 2.1 7,284 7,221 7,454 6,710 14,505 13,322 8.9

 Dairy products.................................. 10,483 10,429 10,398 0.5 0.3 -0.9 9,732 10,132 10,573 10,045 19,864 20,387 -2.6

 Meat, poultry, and seafood products... 18,859 18,545 18,268 1.7 1.5 0.9 17,976 17,365 17,721 18,989 35,341 37,212 -5.0

 Beverage and tobacco products................ 13,338 13,410 13,759 -0.5 -2.5 6.2 12,190 12,161 13,505 11,802 24,351 23,932 1.8

 Beverages......................................... 9,563 9,794 9,626 -2.4 1.7 1.6 8,415 8,545 9,372 8,408 16,960 16,728 1.4

 Tobacco............................................ 3,775 3,616 4,133 4.4 -12.5 18.6 3,775 3,616 4,133 3,394 7,391 7,204 2.6

 Textile mills........................................... 2,287 2,326 2,269 -1.7 2.5 1.1 2,204 2,144 1,992 2,249 4,348 4,362 -0.3

 Textile products................................... 1,902 1,943 1,919 -2.1 1.3 3.1 1,858 1,767 1,755 1,912 3,625 3,621 0.1

 Apparel................................................ 900 917 949 -1.9 -3.4 8.6 852 851 941 861 1,703 1,726 -1.3

 Leather and allied products...................... 421 416 410 1.2 1.5 -6.6 446 408 422 404 854 775 10.2

 Paper products...................................... 17,229 17,196 16,895 0.2 1.8 0.6 16,124 16,650 16,624 15,430 32,774 31,639 3.6

 Pulp, paper, and paperboard mills....... 6,632 6,611 6,559 0.3 0.8 -0.6 6,111 6,496 6,536 6,068 12,607 12,707 -0.8

 Paperboard containers........................ 6,153 6,177 6,121 -0.4 0.9 2.1 5,713 5,998 5,818 5,464 11,711 11,319 3.5

 Printing................................................. 7,012 7,005 7,086 0.1 -1.1 1.9 6,342 6,569 7,161 6,772 12,911 14,022 -7.9

 Petroleum and coal products.................. 48,258 47,891 44,733 0.8 7.1 6.9 42,008 45,473 43,362 45,435 87,481 97,636 -10.4

 Petroleum refineries.......................... 44,057 43,280 40,392 1.8 7.1 7.6 38,534 41,744 39,672 41,663 80,278 90,106 -10.9

 Chemical products..................................... 71,130 71,915 71,323 -1.1 0.8 1.0 66,759 67,575 72,555 65,194 134,334 130,674 2.8

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,013 3,136 3,133 -3.9 0.1 4.1 3,087 2,712 3,195 2,844 5,799 5,328 8.8

 Pharmaceuticals and medicines............. 25,849 25,789 26,084 0.2 -1.1 0.1 23,489 24,015 27,475 21,757 47,504 44,066 7.8

 Paints, coatings, and adhesives.......... 4,912 4,991 4,924 -1.6 1.4 0.2 4,417 4,352 4,200 4,042 8,769 8,099 8.3

 Plastics and rubber products.................. 20,137 20,558 20,260 -2.0 1.5 0.1 18,740 19,034 18,860 19,232 37,774 38,537 -2.0

Year to date

p

 Preliminary 

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

1

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

data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the 

model parameters. Estimates are not adjusted for price changes. 

2

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

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the 

survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 2. Value of Manufacturers' New Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2021/

2021p 2021r 2020 Feb. Jan. Dec. 2021p 2021r 2020 2020 2021p 2020 2020

All manufacturing industries2........................ 505,680 509,736 496,322 -0.8 2.7 1.6 478,005 470,245 501,257 474,943 948,250 938,619 1.0

 Excluding transportation2...................... 422,240 424,751 417,322 -0.6 1.8 1.9 396,477 397,648 415,646 387,849 794,125 779,070 1.9

 Excluding defense2

.............................. 490,420 493,235 483,008 -0.6 2.1 1.8 463,083 457,361 482,722 456,160 920,444 910,276 1.1

 With unfilled orders2............................. 180,468 177,925 169,204 1.4 5.2 0.8 174,455 162,758 178,661 170,964 337,213 330,118 2.1

 Durable goods industries2......................... 254,082 257,242 248,307 -1.2 3.6 1.2 244,515 231,769 255,605 238,913 476,284 460,085 3.5

 Primary metals........................................ 20,638 20,746 20,200 -0.5 2.7 1.6 21,129 20,886 19,400 19,832 42,015 39,773 5.6

 Iron and steel mills.............................. 10,579 10,741 10,373 -1.5 3.5 2.2 10,931 10,861 10,039 10,239 21,792 20,533 6.1

 Aluminum and nonferrous metals.......... 8,826 8,711 8,612 1.3 1.1 2.4 8,977 8,633 8,232 8,370 17,610 16,539 6.5

 Ferrous metal foundries....................... 1,233 1,294 1,215 -4.7 6.5 -7.5 1,221 1,392 1,129 1,223 2,613 2,701 -3.3

 Fabricated metal products........................ 33,651 33,906 32,910 -0.8 3.0 2.9 32,574 32,167 30,562 30,756 64,741 61,733 4.9

 Machinery............................................. 33,459 33,723 33,600 -0.8 0.4 3.4 33,308 31,986 34,177 31,429 65,294 61,913 5.5

 Construction machinery........................ 3,149 3,274 3,051 -3.8 7.3 2.7 3,390 3,271 3,138 2,747 6,661 5,756 15.7

 Mining, oil field, and

 gas field machinery.......................... 1,231 1,037 1,267 18.7 -18.2 13.5 1,155 961 1,442 1,376 2,116 2,678 -21.0

 Industrial machinery............................ 3,259 3,313 3,303 -1.6 0.3 4.4 2,787 3,224 3,708 2,773 6,011 6,077 -1.1

 Photographic equipment....................... 644 628 581 2.5 8.1 4.7 596 517 675 504 1,113 963 15.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,303 4,241 3,893 1.5 8.9 -1.6 3,780 3,444 3,733 3,298 7,224 6,518 10.8

 Metalworking machinery....................... 2,694 2,648 2,822 1.7 -6.2 9.4 2,700 2,568 3,115 2,766 5,268 5,162 2.1

 Turbines, generators, and other 

 power transmission equipment........... 4,133 4,020 4,157 2.8 -3.3 8.9 4,182 3,862 3,969 3,954 8,044 7,679 4.8

 Material handling equipment.................. 2,834 2,826 2,889 0.3 -2.2 -2.6 2,830 2,569 3,446 2,675 5,399 5,457 -1.1

 Computers and electronic products2........... 26,057 26,151 26,282 -0.4 -0.5 0.1 23,305 22,738 31,421 21,854 46,043 42,593 8.1

 Computers........................................ 621 593 623 4.7 -4.8 -1.0 458 497 709 441 955 926 3.1

 Nondefense communications

 equipment...................................... 3,936 3,980 4,353 -1.1 -8.6 0.0 3,274 3,214 5,841 2,996 6,488 5,782 12.2

 Defense communications equipment....... 258 248 353 4.0 -29.7 0.6 254 209 353 230 463 444 4.3

 Electronic components......................... 4,474 4,450 4,619 0.5 -3.7 -0.1 4,076 4,285 4,985 3,924 8,361 7,967 4.9

 Nondefense search and navigation

 equipment...................................... 1,642 1,645 1,694 -0.2 -2.9 -0.6 1,565 1,525 1,686 1,552 3,090 3,073 0.6

 Defense search and navigation

 equipment...................................... 3,179 3,170 2,991 0.3 6.0 -0.5 3,039 2,426 3,885 2,877 5,465 5,133 6.5

 Electromedical, measuring,

 and control instruments..................... 9,654 9,719 9,539 -0.7 1.9 1.4 8,733 8,525 11,333 8,191 17,258 15,955 8.2

 Electrical equipment, appliances, 

 and components................................... 12,100 12,033 11,483 0.6 4.8 2.2 11,486 10,853 11,540 10,607 22,339 20,825 7.3

 Electric lighting equipment..................... 999 941 1,017 6.2 -7.5 5.3 950 884 981 928 1,834 1,847 -0.7

 Household appliances.......................... 2,517 2,544 2,218 -1.1 14.7 -3.4 2,087 2,033 2,571 1,614 4,120 3,231 27.5

 Electrical equipment............................ 3,133 3,047 2,980 2.8 2.2 5.9 3,013 2,738 2,911 3,268 5,751 6,403 -10.2

 Transportation equipment........................ 83,440 84,985 79,000 -1.8 7.6 0.1 81,528 72,597 85,611 87,094 154,125 159,549 -3.4

 Motor vehicle bodies, parts, 

 and trailers..................................... 28,726 30,123 29,652 -4.6 1.6 0.5 29,208 27,996 27,351 29,957 57,204 58,073 -1.5

 Nondefense aircraft and parts3................ 9,578 4,712 1,028 103.3 358.4 -56.7 7,796 2,518 6,381 5,846 10,314 12,055 -14.4

 Defense aircraft and parts.................... 4,659 4,844 2,941 -3.8 64.7 -1.0 3,609 4,092 4,997 2,687 7,701 5,541 39.0

 Ships and boats.................................. 2,048 4,824 3,209 -57.5 50.3 35.4 4,249 4,669 2,345 9,977 8,918 12,069 -26.1

 Furniture and related products................... 6,567 6,649 6,664 -1.2 -0.2 0.2 6,638 6,372 6,145 6,879 13,010 13,363 -2.6

 Nondurable goods industries..................... 251,598 252,494 248,015 -0.4 1.8 2.0 233,490 238,476 245,652 236,030 471,966 478,534 -1.4

Year to date

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual 

review of the model parameters. Estimates are not adjusted for price changes. 

2

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

3

 (NA) - New Orders month-to-month percent change is not provided for Nondefense aircraft and parts because the denominator has a negative value. 

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. 

Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry February

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2021/

2021p 2021r 2020 Feb. Jan. Dec. 2021p 2021r 2020 2020 2020

All manufacturing industries2

...................... 1,082,297 1,073,780 1,071,624 0.8 0.2 -0.2 1,086,303 1,074,276 1,068,428 1,151,675 -5.7

 Excluding transportation2...................... 371,233 367,670 364,870 1.0 0.8 1.2 374,459 367,311 360,112 352,237 6.3

 Excluding defense2............................. 864,925 856,901 856,315 0.9 0.1 -0.1 869,411 858,152 852,648 932,427 -6.8

 Durable goods industries2........................ 1,082,297 1,073,780 1,071,624 0.8 0.2 -0.2 1,086,303 1,074,276 1,068,428 1,151,675 -5.7

 Primary metals........................................ 34,547 33,960 33,482 1.7 1.4 0.9 35,878 34,523 33,606 32,334 11.0

 Iron and steel mills............................... 14,665 14,598 14,555 0.5 0.3 0.1 15,301 14,816 14,620 14,143 8.2

 Aluminum and nonferrous metals............. 13,917 13,502 13,188 3.1 2.4 1.9 14,441 13,704 13,281 12,923 11.7

 Ferrous metal foundries........................ 5,965 5,860 5,739 1.8 2.1 0.6 6,136 6,003 5,705 5,268 16.5

 Fabricated metal products......................... 80,254 78,973 77,657 1.6 1.7 1.5 80,374 78,156 75,927 73,752 9.0

 Machinery.............................................. 102,753 101,732 101,223 1.0 0.5 1.5 104,176 102,049 99,446 97,609 6.7

 Construction machinery......................... 6,667 6,362 6,076 4.8 4.7 5.8 7,180 6,643 5,963 5,725 25.4

 Mining, oil field, and

 gas field machinery.......................... 4,129 4,009 4,083 3.0 -1.8 5.4 4,129 4,009 4,083 3,961 4.2

 Industrial machinery............................. 8,076 8,192 8,382 -1.4 -2.3 -0.5 8,215 8,367 8,052 9,046 -9.2

 Photographic equipment........................ 891 846 834 5.3 1.4 -1.9 933 865 857 1,067 -12.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,631 7,435 7,476 2.6 -0.5 1.4 7,751 7,347 7,174 6,933 11.8

 Metalworking machinery........................ 8,991 8,960 8,930 0.3 0.3 4.1 9,185 8,938 8,698 8,061 13.9

 Turbines, generators, and other 

 power transmission equipment............ 23,109 23,049 23,086 0.3 -0.2 -0.7 23,109 23,049 23,086 23,427 -1.4

 Material handling equipment................... 11,656 11,587 11,563 0.6 0.2 0.4 11,745 11,598 11,604 11,110 5.7

 Computers and electronic products2............. 120,505 120,349 120,369 0.1 0.0 0.5 120,748 120,359 119,996 118,694 1.7

 Computers......................................... 1,944 1,943 1,956 0.1 -0.7 2.8 1,944 1,943 1,956 2,000 -2.8

 Nondefense communications

 equipment...................................... 25,544 25,543 25,518 0.0 0.1 0.7 25,597 25,493 25,373 24,931 2.7

 Defense communications equipment........ 699 728 759 -4.0 -4.1 12.8 695 724 735 943 -26.3

 Electronic components.......................... 14,691 14,706 14,788 -0.1 -0.6 0.9 15,041 15,018 14,814 14,982 0.4

 Nondefense search and navigation

 equipment....................................... 22,943 22,843 22,756 0.4 0.4 0.8 22,936 22,818 22,657 21,575 6.3

 Defense search and navigation

 equipment....................................... 30,637 30,558 30,557 0.3 0.0 -0.1 30,460 30,339 30,534 30,486 -0.1

 Electromedical, measuring,

 and control instruments...................... 24,047 24,028 24,035 0.1 0.0 0.1 24,075 24,024 23,927 23,777 1.3

 Electrical equipment, appliances, 

 and components.................................... 24,173 23,672 23,319 2.1 1.5 2.2 24,389 23,587 22,832 21,560 13.1

 Electric lighting equipment..................... 1,742 1,704 1,715 2.2 -0.6 3.3 1,743 1,694 1,673 1,723 1.2

 Household appliances........................... 2,797 2,637 2,558 6.1 3.1 6.6 2,681 2,700 2,616 1,501 78.6

 Electrical equipment............................. 8,790 8,705 8,663 1.0 0.5 0.0 8,904 8,696 8,495 8,710 2.2

 Transportation equipment......................... 711,064 706,110 706,754 0.7 -0.1 -0.9 711,844 706,965 708,316 799,438 -11.0

 Motor vehicle bodies, parts, 

 and trailers...................................... 22,336 21,944 21,606 1.8 1.6 0.5 23,414 22,542 21,829 21,740 7.7

 Nondefense aircraft and parts................ 471,721 467,796 470,237 0.8 -0.5 -1.1 471,681 468,547 471,001 558,056 -15.5

 Defense aircraft and parts..................... 79,784 79,126 78,552 0.8 0.7 -0.8 79,908 79,902 79,199 82,908 -3.6

 Ships and boats.................................. 51,435 52,144 50,124 -1.4 4.0 1.0 52,139 50,673 48,302 51,747 0.8

 Furniture and related products................... 8,514 8,505 8,342 0.1 2.0 1.0 8,407 8,158 7,827 7,704 9.1

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the 

latest annual review of the model parameters. Estimates are not adjusted for price changes. 

2

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

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

nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see 

<http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 4. Value of Manufacturers' Inventories for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry February

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2021/

2021p 2021r 2020 Feb. Jan. Dec. 2021p 2021r 2020 2020 2020

 All manufacturing industries...................... 702,441 696,914 695,668 0.8 0.2 0.3 707,378 695,332 679,415 698,878 1.2

 Excluding transportation........................ 555,830 551,155 547,711 0.8 0.6 0.9 559,524 550,109 535,834 556,213 0.6

 Excluding defense............................. 676,814 671,483 670,420 0.8 0.2 0.3 681,739 670,044 654,377 673,828 1.2

 With unfilled orders............................. 347,319 345,645 347,634 0.5 -0.6 0.0 348,856 344,048 338,457 345,379 1.0

 Durable goods industries........................ 427,334 424,520 425,699 0.7 -0.3 -0.2 430,547 423,143 414,800 424,848 1.3

 Wood products........................................ 12,643 12,452 12,295 1.5 1.3 0.8 13,201 12,847 12,433 12,289 7.4

 Nonmetallic mineral products..................... 13,868 13,894 13,975 -0.2 -0.6 -0.1 14,093 13,906 13,710 14,596 -3.4

 Primary metals......................................... 35,115 34,635 34,343 1.4 0.9 1.5 35,405 34,792 34,174 35,675 -0.8

 Iron and steel mills............................... 18,830 18,587 18,492 1.3 0.5 0.6 18,956 18,721 18,523 19,866 -4.6

 Aluminum and nonferrous metals............ 14,207 13,993 13,804 1.5 1.4 2.9 14,294 14,005 13,656 13,511 5.8

 Ferrous metal foundries........................ 2,078 2,055 2,047 1.1 0.4 0.7 2,155 2,066 1,995 2,298 -6.2

 Fabricated metal products......................... 53,317 52,555 52,068 1.4 0.9 0.9 53,520 52,563 51,017 53,392 0.2

 Machinery.............................................. 70,416 69,979 69,922 0.6 0.1 0.8 70,773 68,960 67,704 71,173 -0.6

 Farm machinery.................................. 4,160 4,003 3,856 3.9 3.8 -0.2 4,436 4,019 3,928 3,882 14.3

 Construction machinery......................... 6,251 6,067 6,008 3.0 1.0 0.6 6,267 5,959 5,805 6,094 2.8

 Mining, oil field, 

 and gas field machinery.................... 4,567 4,550 4,590 0.4 -0.9 -1.5 4,628 4,542 4,474 5,170 -10.5

 Industrial machinery............................. 10,084 10,032 10,033 0.5 0.0 0.3 10,017 9,594 9,897 9,426 6.3

 Photographic equipment....................... 1,438 1,428 1,420 0.7 0.6 -1.5 1,464 1,434 1,370 1,485 -1.4

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,223 5,316 5,447 -1.7 -2.4 5.8 5,402 5,168 4,902 5,889 -8.3

 Metalworking machinery........................ 5,743 5,774 5,715 -0.5 1.0 0.5 5,694 5,676 5,605 5,925 -3.9

 Turbines, generators, and other

 power transmission equipment............ 9,164 9,124 9,177 0.4 -0.6 1.0 9,153 8,965 8,609 9,579 -4.4

 Material handling equipment.................. 4,786 4,767 4,740 0.4 0.6 -0.2 4,673 4,613 4,418 4,894 -4.5

 Computers and electronic products2

............ 43,407 43,507 43,628 -0.2 -0.3 0.2 43,540 43,185 42,133 44,026 -1.1

 Computers......................................... 1,840 1,835 1,873 0.3 -2.0 0.3 1,828 1,762 1,756 1,741 5.0

 Computer storage devices.................... 1,073 1,057 1,014 1.5 4.2 -2.4 1,112 1,052 1,015 968 14.9

 Other peripheral equipment................... 1,036 1,049 1,077 -1.2 -2.6 7.1 1,068 1,043 1,014 1,107 -3.5

 Nondefense communications

 equipment...................................... 4,519 4,541 4,568 -0.5 -0.6 0.0 4,556 4,453 4,239 4,488 1.5

 Defense communications equipment........ 677 677 667 0.0 1.5 -1.6 677 677 667 660 2.6

 Audio and video equipment.................... 467 459 464 1.7 -1.1 16.6 450 452 445 603 -25.4

 Electronic components.......................... 7,307 7,337 7,371 -0.4 -0.5 0.4 7,372 7,468 7,150 8,154 -9.6

 Nondefense search and navigation

 equipment...................................... 2,915 2,910 2,924 0.2 -0.5 -0.3 2,900 2,916 2,859 2,887 0.5

 Defense search and navigation

 equipment....................................... 2,740 2,717 2,700 0.8 0.6 -0.3 2,775 2,704 2,595 2,722 1.9

 Electromedical, measuring 

 and control instruments...................... 15,458 15,476 15,456 -0.1 0.1 0.4 15,337 15,228 15,004 14,992 2.3

 Electrical equipment, appliances, 

 and components.................................... 19,928 19,901 19,884 0.1 0.1 0.5 20,150 19,858 19,008 19,937 1.1

 Electric lighting equipment..................... 1,989 1,985 1,991 0.2 -0.3 -0.5 2,003 2,002 1,924 2,073 -3.4

 Household appliances........................... 2,458 2,500 2,577 -1.7 -3.0 3.0 2,563 2,507 2,337 2,633 -2.7

 Electrical equipment............................. 6,298 6,285 6,248 0.2 0.6 -0.2 6,407 6,348 6,060 6,449 -0.7

 Batteries............................................ 1,886 1,861 1,866 1.3 -0.3 1.9 1,823 1,715 1,678 1,764 3.3

 Transportation equipment......................... 146,611 145,759 147,957 0.6 -1.5 -1.8 147,854 145,223 143,581 142,665 3.6

 Automobiles....................................... 6,048 5,753 5,773 5.1 -0.3 2.2 6,212 5,733 5,395 5,692 9.1

 Light trucks and utility vehicles.............. 5,475 5,190 4,758 5.5 9.1 -17.2 5,675 5,145 4,275 5,677 0.0

 Heavy duty trucks ............................... 2,203 2,109 2,045 4.5 3.1 0.8 2,333 2,117 1,919 2,009 16.1

 Motor vehicle bodies, parts, 

 and trailers...................................... 27,870 27,502 27,115 1.3 1.4 1.1 28,081 27,727 26,587 27,104 3.6

 Nondefense aircraft and parts................ 74,948 75,332 78,552 -0.5 -4.1 -2.8 75,453 74,801 76,101 73,466 2.7

 Defense aircraft and parts..................... 12,530 12,552 12,384 -0.2 1.4 0.2 12,568 12,526 12,286 12,229 2.8

 Ships and boats.................................. 4,269 4,233 4,269 0.9 -0.8 2.7 4,223 4,142 4,228 3,901 8.3

 Furniture and related products.................... 7,321 7,288 7,255 0.5 0.5 0.7 7,335 7,341 7,111 7,331 0.1

 Miscellaneous durable goods..................... 24,708 24,550 24,372 0.6 0.7 0.3 24,676 24,468 23,929 23,764 3.8

 Nondurable goods industries...................... 275,107 272,394 269,969 1.0 0.9 1.1 276,831 272,189 264,615 274,030 1.0

 Food products........................................ 55,951 55,938 55,782 0.0 0.3 0.9 56,052 55,899 55,582 55,507 1.0

 Grain and oilseed milling........................ 6,059 5,898 5,734 2.7 2.9 4.0 6,307 6,156 5,818 5,568 13.3

 Dairy products.................................... 8,717 8,708 8,737 0.1 -0.3 -0.1 8,682 8,535 8,380 8,539 1.7

 Meat, poultry, and seafood products....... 9,446 9,471 9,410 -0.3 0.6 0.5 9,599 9,418 9,240 10,010 -4.1

 Beverage and tobacco products................ 24,995 24,943 25,330 0.2 -1.5 -0.6 25,343 25,136 25,465 26,156 -3.1

 Beverages......................................... 21,335 21,263 21,604 0.3 -1.6 -0.7 21,527 21,260 21,568 22,006 -2.2

 Tobacco............................................ 3,660 3,680 3,726 -0.5 -1.2 0.1 3,816 3,876 3,897 4,150 -8.0

 Textile mills............................................ 3,068 3,076 3,090 -0.3 -0.5 1.5 3,067 3,076 3,049 3,199 -4.1

 Textile products...................................... 3,572 3,651 3,703 -2.2 -1.4 -0.1 3,601 3,708 3,649 3,881 -7.2

 Apparel................................................. 1,772 1,770 1,767 0.1 0.2 -0.7 1,745 1,747 1,622 1,798 -2.9

 Leather and allied products....................... 811 810 800 0.1 1.3 0.0 800 816 795 841 -4.9

 Paper products....................................... 15,106 15,103 15,068 0.0 0.2 0.3 15,166 15,228 14,952 15,193 -0.2

 Pulp, paper, and paperboard mills........... 5,373 5,383 5,387 -0.2 -0.1 -0.5 5,435 5,406 5,374 5,693 -4.5

 Paperboard containers......................... 5,534 5,528 5,506 0.1 0.4 0.9 5,527 5,609 5,490 5,371 2.9

 Printing.................................................. 5,524 5,554 5,530 -0.5 0.4 -1.1 5,502 5,471 5,410 5,642 -2.5

 Petroleum and coal products..................... 37,350 35,456 33,249 5.3 6.6 5.3 37,414 34,870 31,563 37,626 -0.6

 Petroleum refineries............................. 31,998 30,093 27,921 6.3 7.8 6.1 32,004 29,474 26,337 31,786 0.7

 Chemical products..................................... 100,228 99,400 99,061 0.8 0.3 0.7 100,940 99,454 96,605 96,805 4.3

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 5,358 5,396 5,442 -0.7 -0.8 -1.7 5,813 5,773 5,514 5,858 -0.8

 Pharmaceuticals and medicines.............. 47,869 47,467 47,367 0.8 0.2 1.2 47,488 47,146 45,704 43,950 8.1

 Paints, coatings, and adhesives.............. 4,033 3,909 3,917 3.2 -0.2 0.8 4,143 3,923 3,777 4,116 0.7

 Plastics and rubber products..................... 26,730 26,693 26,589 0.1 0.4 0.4 27,201 26,784 25,923 27,382 -0.7

p Preliminary 

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

1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. 

Estimates are not adjusted for price changes. 

2

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

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 5. Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for 

 Topical Series1, 2

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry % Change6

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2021/

2021p 2021r 2020 Feb. Jan. Dec. 2021p 2021r 2020 2020 2021p 2020 2020

SHIPMENTS

 All manufacturing industries......................... 502,400 512,672 503,716 -2.0 1.8 2.1 470,833 470,046 501,087 473,087 940,879 939,062 0.2

 Construction materials and supplies....... 55,352 56,724 54,728 -2.4 3.6 1.8 49,214 48,977 49,036 47,439 98,191 94,308 4.1

 Information technology......................... 26,411 26,603 25,994 -0.7 2.3 0.8 23,544 22,825 30,150 21,856 46,369 42,449 9.2

 Computers and related products........... 2,060 2,106 1,885 -2.2 11.7 -2.0 1,588 1,809 2,377 1,398 3,397 2,906 16.9

 Motor vehicle and parts......................... 57,033 62,747 63,564 -9.1 -1.3 2.3 56,833 55,611 59,797 60,059 112,444 114,289 -1.6

 Capital goods...................................... 87,562 89,958 87,397 -2.7 2.9 2.5 81,476 77,838 96,729 78,924 159,314 151,461 5.2

 Nondefense capital goods3.................. 74,451 76,728 74,549 -3.0 2.9 3.8 68,807 66,701 82,426 66,681 135,508 128,780 5.2

 Excluding aircraft............................. 71,216 71,983 70,606 -1.1 2.0 1.1 66,432 63,954 76,639 62,162 130,386 121,587 7.2

 Defense capital goods4........................ 13,111 13,230 12,848 -0.9 3.0 -4.2 12,669 11,137 14,303 12,243 23,806 22,681 5.0

 Consumer goods.................................. 208,406 212,147 209,692 -1.8 1.2 2.5 195,294 197,922 210,110 199,114 393,216 398,732 -1.4

 Consumer durable goods..................... 39,947 44,485 45,128 -10.2 -1.4 2.8 39,685 38,552 45,163 41,964 78,237 78,387 -0.2

 Consumer nondurable goods................ 168,459 167,662 164,564 0.5 1.9 2.5 155,609 159,370 164,947 157,150 314,979 320,345 -1.7

 All manufacturing industries5...................... 505,680 509,736 496,322 -0.8 2.7 1.6 478,005 470,245 501,257 474,943 948,250 938,619 1.0

 Construction materials and supplies....... 56,824 57,756 55,708 -1.6 3.7 2.1 51,428 50,703 49,731 47,416 102,131 95,043 7.5

 Information technology......................... 26,845 26,920 26,750 -0.3 0.6 0.5 24,542 23,441 31,359 22,577 47,983 43,644 9.9

 Computers and related products........... 2,061 2,093 1,939 -1.5 7.9 -1.6 1,589 1,796 2,431 1,393 3,385 2,898 16.8

 Motor vehicle and parts......................... 57,425 63,085 63,669 -9.0 -0.9 2.2 57,705 56,324 60,720 60,657 114,029 115,281 -1.1

 Capital goods...................................... 93,060 90,544 83,327 2.8 8.7 -1.1 88,322 79,679 96,151 83,894 168,001 155,105 8.3

 Nondefense capital goods3.................. 79,596 75,502 71,022 5.4 6.3 -1.2 74,929 67,510 79,617 66,248 142,439 129,305 10.2

 Excluding aircraft............................. 72,483 73,140 72,603 -0.9 0.7 1.5 69,468 67,754 77,658 64,013 137,222 126,378 8.6

 Defense capital goods4........................ 13,464 15,042 12,305 -10.5 22.2 -0.9 13,393 12,169 16,534 17,646 25,562 25,800 -0.9

 Consumer goods.................................. 208,602 212,338 209,929 -1.8 1.1 2.5 195,462 198,259 210,136 199,078 393,721 398,859 -1.3

 Consumer durable goods..................... 40,143 44,676 45,365 -10.1 -1.5 2.9 39,853 38,889 45,189 41,928 78,742 78,514 0.3

 Consumer nondurable goods.............. 168,459 167,662 164,564 0.5 1.9 2.5 155,609 159,370 164,947 157,150 314,979 320,345 -1.7

 All manufacturing industries5...................... 1,082,297 1,073,780 1,071,624 0.8 0.2 -0.2 1,086,303 1,074,276 1,068,428 1,151,675 (X) (X) -5.7

 Construction materials and supplies....... 56,349 54,877 53,845 2.7 1.9 1.9 56,331 54,117 52,391 51,852 (X) (X) 8.6

 Information technology......................... 117,549 117,115 116,798 0.4 0.3 0.7 117,701 116,703 116,087 114,405 (X) (X) 2.9

 Computers and related products........... 1,944 1,943 1,956 0.1 -0.7 2.8 1,944 1,943 1,956 2,000 (X) (X) -2.8

 Motor vehicle and parts......................... 22,336 21,944 21,606 1.8 1.6 0.5 23,414 22,542 21,829 21,740 (X) (X) 7.7

 Capital goods...................................... 772,374 766,876 766,290 0.7 0.1 -0.5 772,318 765,472 763,631 841,917 (X) (X) -8.3

 Nondefense capital goods3.................. 592,209 587,064 588,290 0.9 -0.2 -0.6 592,616 586,494 585,685 665,189 (X) (X) -10.9

 Excluding aircraft............................. 227,191 225,924 224,767 0.6 0.5 0.9 228,642 225,606 221,806 216,925 (X) (X) 5.4

 Defense capital goods4........................ 180,165 179,812 178,000 0.2 1.0 -0.3 179,702 178,978 177,946 176,728 (X) (X) 1.7

 Consumer goods.................................. 6,502 6,306 6,115 3.1 3.1 4.0 6,560 6,392 6,055 4,817 (X) (X) 36.2

 Consumer durable goods..................... 6,502 6,306 6,115 3.1 3.1 4.0 6,560 6,392 6,055 4,817 (X) (X) 36.2 

 All manufacturing industries....................... 702,441 696,914 695,668 0.8 0.2 0.3 707,378 695,332 679,415 698,878 (X) (X) 1.2

 Construction materials and supplies....... 71,916 71,066 70,700 1.2 0.5 1.2 73,083 71,397 69,142 72,781 (X) (X) 0.4

 Information technology......................... 39,621 39,579 39,520 0.1 0.1 0.4 39,689 39,168 38,130 38,840 (X) (X) 2.2

 Computers and related products........... 3,949 3,941 3,964 0.2 -0.6 1.3 4,008 3,857 3,785 3,816 (X) (X) 5.0

 Motor vehicle and parts......................... 41,596 40,554 39,691 2.6 2.2 -1.4 42,301 40,722 38,176 40,482 (X) (X) 4.5

 Capital goods...................................... 213,473 212,990 215,411 0.2 -1.1 -0.8 213,905 210,654 208,899 209,591 (X) (X) 2.1

 Nondefense capital goods3.................. 192,054 191,770 194,368 0.1 -1.3 -0.9 192,512 189,551 187,968 188,729 (X) (X) 2.0

 Excluding aircraft............................. 129,371 128,749 128,300 0.5 0.3 0.4 129,590 127,137 124,392 127,628 (X) (X) 1.5

 Defense capital goods4........................ 21,419 21,220 21,043 0.9 0.8 0.0 21,393 21,103 20,931 20,862 (X) (X) 2.5

 Consumer goods.................................. 211,761 208,688 206,165 1.5 1.2 0.9 212,569 208,266 201,280 209,185 (X) (X) 1.6

 Consumer durable goods..................... 32,376 31,597 31,157 2.5 1.4 -2.1 33,072 31,853 29,839 32,418 (X) (X) 2.0

 Consumer nondurable goods................ 179,385 177,091 175,008 1.3 1.2 1.5 179,497 176,413 171,441 176,767 (X) (X) 1.5

NEW ORDERS 

UNFILLED ORDERS 

TOTAL INVENTORIES 

X

 Not Applicable 

p

 Preliminary 

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

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates 

are not adjusted for price changes. 

2 Topical series are regroupings of the separate industry categories. 

3

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

metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral equipment; 

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

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

4

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

5 Estimates and percent changes exclude semiconductor industry data. 

6

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

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group1 

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry February

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2021/

2021p 2021r 2020 Feb. Jan. Dec. 2021p 2021r 2020 2020 2020

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 244,208 240,969 239,205 1.3 0.7 1.1 245,228 241,183 236,385 237,209 3.4

 Durable goods industries.......................... 149,327 147,224 146,952 1.4 0.2 0.8 149,234 147,064 145,188 144,268 3.4

 Wood products................................... 5,843 5,714 5,673 2.3 0.7 0.6 6,023 5,939 5,899 5,453 10.5

 Nonmetallic mineral products................. 5,794 5,754 5,725 0.7 0.5 1.4 5,807 5,731 5,683 5,658 2.6

 Primary metals.................................... 12,344 12,216 12,214 1.0 0.0 1.3 12,393 12,315 12,392 12,835 -3.4

 Fabricated metal products.......................... 20,459 20,139 19,776 1.6 1.8 1.6 20,338 20,164 19,668 19,580 3.9

 Machinery.......................................... 27,716 27,462 27,211 0.9 0.9 0.6 27,526 27,159 26,607 27,501 0.1

 Computers and electronic products........ 19,991 19,953 19,961 0.2 0.0 0.3 19,778 19,706 19,450 19,567 1.1

 Electrical equipment, appliances,

 and components............................... 8,864 8,761 8,745 1.2 0.2 -0.2 8,885 8,719 8,484 8,598 3.3

 Transportation equipment..................... 36,818 35,863 36,001 2.7 -0.4 1.0 37,084 35,911 35,405 33,910 9.4

 Furniture and related products............... 3,624 3,595 3,528 0.8 1.9 0.1 3,626 3,652 3,524 3,479 4.2

 Miscellaneous products......................... 7,874 7,767 8,118 1.4 -4.3 0.4 7,774 7,768 8,076 7,687 1.1

 Nondurable goods industries...................... 94,881 93,745 92,253 1.2 1.6 1.6 95,994 94,119 91,197 92,941 3.3

 Food products.................................... 20,145 20,065 19,788 0.4 1.4 0.8 20,377 20,188 19,961 19,862 2.6

 Beverage and tobacco products........................ 5,375 5,407 5,505 -0.6 -1.8 -0.2 5,509 5,568 5,644 6,034 -8.7

 Textiles.............................................. 1,172 1,167 1,158 0.4 0.8 1.8 1,167 1,158 1,147 1,157 0.9

 Textile products................................... 1,165 1,180 1,177 -1.3 0.3 -1.0 1,163 1,186 1,166 1,210 -3.9

 Apparel............................................. 531 533 528 -0.4 0.9 -4.0 528 534 510 538 -1.9

 Leather and allied products.................... 263 259 265 1.5 -2.3 -1.1 257 256 265 270 -4.8

 Paper products.................................... 7,690 7,715 7,634 -0.3 1.1 0.4 7,735 7,808 7,651 7,598 1.8

 Printing ............................................. 2,630 2,645 2,642 -0.6 0.1 0.1 2,617 2,612 2,609 2,638 -0.8

 Petroleum and coal products................. 12,544 11,838 10,839 6.0 9.2 11.3 12,908 11,628 10,011 11,713 10.2

 Chemical products................................ 32,505 32,180 31,924 1.0 0.8 0.3 32,819 32,333 31,546 31,107 5.5

 Plastics and rubber products.................. 10,861 10,756 10,793 1.0 -0.3 0.7 10,914 10,848 10,687 10,814 0.9

WORK IN PROCESS

 All manufacturing industries....................... 206,550 205,596 208,952 0.5 -1.6 -0.2 207,800 204,490 203,277 206,117 0.8

 Durable goods industries.......................... 159,298 159,137 162,499 0.1 -2.1 -0.4 160,373 158,083 157,077 157,399 1.9

 Wood products................................... 2,093 2,099 2,075 -0.3 1.2 2.2 2,140 2,126 2,045 1,766 21.2

 Nonmetallic mineral products................. 1,364 1,384 1,397 -1.4 -0.9 -0.1 1,413 1,396 1,341 1,483 -4.7

 Primary metals.................................... 9,565 9,458 9,534 1.1 -0.8 1.2 9,595 9,388 9,187 10,168 -5.6

 Fabricated metal products.......................... 13,183 12,983 12,922 1.5 0.5 0.5 13,216 12,921 12,544 13,555 -2.5

 Machinery.......................................... 20,313 20,217 20,379 0.5 -0.8 3.8 20,489 19,811 19,304 19,780 3.6

 Computers and electronic products........ 12,367 12,413 12,551 -0.4 -1.1 0.2 12,626 12,455 12,008 13,111 -3.7

 Electrical equipment, appliances,

 and components............................... 4,210 4,298 4,200 -2.0 2.3 0.8 4,240 4,261 3,990 4,196 1.0

 Transportation equipment..................... 91,185 91,294 94,479 -0.1 -3.4 -1.8 91,610 90,773 91,861 88,424 3.6

 Furniture and related products............... 1,141 1,143 1,164 -0.2 -1.8 -0.1 1,150 1,137 1,141 1,156 -0.5

 Miscellaneous products......................... 3,877 3,848 3,798 0.8 1.3 -0.3 3,894 3,815 3,656 3,760 3.6

 Nondurable goods industries...................... 47,252 46,459 46,453 1.7 0.0 0.4 47,427 46,407 46,200 48,718 -2.6

 Food products.................................... 4,491 4,489 4,499 0.0 -0.2 2.0 4,519 4,646 4,808 4,598 -1.7

 Beverage and tobacco products........................ 8,343 8,337 8,803 0.1 -5.3 -1.8 8,587 8,580 9,107 9,493 -9.5

 Textiles.............................................. 587 592 599 -0.8 -1.2 3.5 584 584 575 634 -7.9

 Textile products................................... 323 329 339 -1.8 -2.9 3.4 329 333 325 359 -8.4

 Apparel............................................. 288 287 287 0.3 0.0 1.1 291 282 261 314 -7.3

 Leather and allied products.................... 109 112 89 -2.7 25.8 0.0 109 114 89 87 25.3

 Paper products.................................... 1,449 1,434 1,436 1.0 -0.1 0.2 1,433 1,422 1,405 1,379 3.9

 Printing ............................................. 1,183 1,186 1,164 -0.3 1.9 -4.2 1,188 1,154 1,118 1,247 -4.7

 Petroleum and coal products................. 8,978 8,324 7,681 7.9 8.4 7.6 9,125 8,040 7,209 8,802 3.7

 Chemical products................................ 18,381 18,261 18,425 0.7 -0.9 -1.0 18,083 18,145 18,270 18,734 -3.5

 Plastics and rubber products.................. 3,120 3,108 3,131 0.4 -0.7 -1.8 3,179 3,107 3,033 3,071 3.5

FINISHED GOODS

 All manufacturing industries....................... 251,683 250,349 247,511 0.5 1.1 0.0 254,350 249,659 239,753 255,552 -0.5

 Durable goods industries.......................... 118,709 118,159 116,248 0.5 1.6 -1.1 120,940 117,996 112,535 123,181 -1.8

 Wood products................................... 4,707 4,639 4,547 1.5 2.0 0.3 5,038 4,782 4,489 5,070 -0.6

 Nonmetallic mineral products................. 6,710 6,756 6,853 -0.7 -1.4 -1.4 6,873 6,779 6,686 7,455 -7.8

 Primary metals.................................... 13,206 12,961 12,595 1.9 2.9 2.0 13,417 13,089 12,595 12,672 5.9

 Fabricated metal products.......................... 19,675 19,433 19,370 1.2 0.3 0.4 19,966 19,478 18,805 20,257 -1.4

 Machinery.......................................... 22,387 22,300 22,332 0.4 -0.1 -1.6 22,758 21,990 21,793 23,892 -4.7

 Computers and electronic products........ 11,049 11,141 11,116 -0.8 0.2 0.3 11,136 11,024 10,675 11,348 -1.9

 Electrical equipment, appliances,

 and components............................... 6,854 6,842 6,939 0.2 -1.4 1.4 7,025 6,878 6,534 7,143 -1.7

 Transportation equipment..................... 18,608 18,602 17,477 0.0 6.4 -7.6 19,160 18,539 16,315 20,331 -5.8

 Furniture and related products............... 2,556 2,550 2,563 0.2 -0.5 1.9 2,559 2,552 2,446 2,696 -5.1

 Miscellaneous products......................... 12,957 12,935 12,456 0.2 3.8 0.5 13,008 12,885 12,197 12,317 5.6

 Nondurable goods industries...................... 132,974 132,190 131,263 0.6 0.7 0.9 133,410 131,663 127,218 132,371 0.8

 Food products.................................... 31,315 31,384 31,495 -0.2 -0.4 0.9 31,156 31,065 30,813 31,047 0.4

 Beverage and tobacco products........................ 11,277 11,199 11,022 0.7 1.6 0.2 11,247 10,988 10,714 10,629 5.8

 Textiles.............................................. 1,309 1,317 1,333 -0.6 -1.2 0.5 1,316 1,334 1,327 1,408 -6.5

 Textile products................................... 2,084 2,142 2,187 -2.7 -2.1 -0.2 2,109 2,189 2,158 2,312 -8.8

 Apparel............................................. 953 950 952 0.3 -0.2 0.6 926 931 851 946 -2.1

 Leather and allied products.................... 439 439 446 0.0 -1.6 0.7 434 446 441 484 -10.3

 Paper products.................................... 5,967 5,954 5,998 0.2 -0.7 0.3 5,998 5,998 5,896 6,216 -3.5

 Printing ............................................. 1,711 1,723 1,724 -0.7 -0.1 -0.6 1,697 1,705 1,683 1,757 -3.4

 Petroleum and coal products................. 15,828 15,294 14,729 3.5 3.8 0.2 15,381 15,202 14,343 17,111 -10.1

 Chemical products................................ 49,342 48,959 48,712 0.8 0.5 1.7 50,038 48,976 46,789 46,964 6.5

 Plastics and rubber products.................. 12,749 12,829 12,665 -0.6 1.3 0.6 13,108 12,829 12,203 13,497 -2.9

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 noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates 

are not adjusted for price changes. 

Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey 

panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group 1

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

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Feb Jan Dec Nov Feb Jan Dec Nov

2021p 2021r 2020 2020 2021p 2021r 2020 2020

All manufacturing industries3

.................................... 1.40 1.36 1.38 1.41 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.70 1.63 1.66 1.70 6.29 6.11 6.25 6.40

 Wood products........................................................... 1.15 1.13 1.17 1.19 (X) (X) (X) (X)

 Nonmetallic mineral products............................. 1.17 1.12 1.14 1.16 (X) (X) (X) (X)

 Primary metals............................................................ 1.75 1.71 1.73 1.75 1.72 1.68 1.68 1.72

 Fabricated metal products...................................... 1.65 1.61 1.64 1.66 2.55 2.49 2.52 2.54

 Machinery..................................................................... 2.17 2.11 2.18 2.20 3.48 3.40 3.52 3.51

 Computers and electronic products3

................... 1.39 1.39 1.41 1.42 5.10 5.05 5.11 5.13

 Electrical equipment, appliances,

 and components.................................................... 1.72 1.70 1.81 1.83 2.25 2.20 2.28 2.26

 Transportation equipment..................................... 1.87 1.70 1.73 1.83 14.28 13.41 13.76 14.33

 Furniture and related products............................ 1.12 1.12 1.10 1.10 1.44 1.46 1.41 1.40

 Miscellaneous products.......................................... 1.62 1.58 1.58 1.56 (X) (X) (X) (X)

Nondurable goods industries................................... 1.09 1.08 1.09 1.10 (X) (X) (X) (X)

 Food products............................................................. 0.81 0.81 0.82 0.81 (X) (X) (X) (X)

 Beverage and tobacco products........................... 1.87 1.86 1.84 1.97 (X) (X) (X) (X)

 Textiles.......................................................................... 1.34 1.32 1.36 1.36 (X) (X) (X) (X)

 Textile products......................................................... 1.88 1.88 1.93 1.99 (X) (X) (X) (X)

 Apparel........................................................................ 1.97 1.93 1.86 2.04 (X) (X) (X) (X)

 Leather and allied products................................ 1.93 1.95 1.95 1.82 (X) (X) (X) (X)

 Paper products.......................................................... 0.88 0.88 0.89 0.89 (X) (X) (X) (X)

 Printing........................................................................ 0.79 0.79 0.78 0.80 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.77 0.74 0.74 0.75 (X) (X) (X) (X)

 Chemical products................................................... 1.41 1.38 1.39 1.39 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.33 1.30 1.31 1.31 (X) (X) (X) (X)

Feb3 Feb3 Feb3 Feb3

Industry 2020- 2020- 2020- 2020-

Feb2 Jan Feb2 Jan Feb2 Jan Feb2 Jan

2021 2021 2021 2021 2021 2021 2021 2021

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

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

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

 Nonmetallic mineral products.............. (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

 Primary metals............................................. 0.0 0.5 0.0 0.7 -0.1 0.2 0.3 0.2

 Fabricated metal products.................... 0.0 0.6 0.1 1.2 0.1 0.3 0.0 0.2

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

 Computers and electronic products..... 0.1 0.3 0.1 0.3 0.0 0.1 0.0 0.1

 Electrical equipment, appliances,

 and components..................................... -0.2 0.5 0.4 0.9 0.4 0.3 -0.2 0.2

 Transportation equipment.................... -0.1 0.3 -0.2 1.0 0.0 0.1 0.0 0.1

 Furniture and related products............. (X) 0.7 (X) 0.9 (X) 0.5 (X) 0.4

 Miscellaneous products.......................... (X) 0.2 (X) 0.2 (X) 0.1 (X) 0.1

Nondurable goods industries................... (X) 0.2 (X) (NA) (X) (NA) (X) 0.1

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

 Beverage and tobacco products............ (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Textiles.......................................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.1

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

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

 Leather and allied products.................. (X) 1.0 (X) (NA) (X) (NA) (X) 0.3

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

 Printing.......................................................... (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

 Petroleum and coal products............... (X) 0.5 (X) (NA) (X) (NA) (X) 0.7

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

 Plastics and rubber products................ (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

X

 Not Applicable 

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

2

 Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products; medical equipment and supplies; office supplies; 

other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and peripheral devices; audio and video 

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

miscellaneous furniture. 

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing. 

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

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

error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on data 

sources and methodology can be found on our website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 

X Not Applicable 

NA Not Available 

1

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

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

adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, 

based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 

2

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

3

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

monthly averages are the simple averages of the absolute values of the differences for the months specified. The advance to final percent 

change revisions for the durable goods industries are shown in the advance report for the month. 

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

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

estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see 

<http://www.census.gov/manufacturing/m3/>.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, February Full Report, April 5, 2021. Information on 

data sources and methodology can be found on our website at 

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

Table 8. Revisions to Previously Published Monthly Percent Changes 1

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

Shipments New Orders Unfilled Orders Inventories