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FOR RELEASE AT 10:00 AM EDT, WEDNESDAY, JUNE 3, 2020

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

APRIL 2020

Release Number: CB 20-83 M3-2 (20)-04

Statement Regarding COVID-19 Impact: Due to recent events surrounding COVID-19, many businesses are 

operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored 

response and data quality and determined estimates in this release meet publication standards. For more 

information on the compilation of this month's reports, see < M3 COVID-19 FAQs>.

June 3, 2020 — The U.S. Census Bureau announces the April full report on manufacturers’ shipments, 

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

APRIL 2020 $384.3 billion -13.0%°

MARCH 2020

(revised) $441.8 billion -11.0%°

Next release: July 2, 2020

Data adjusted for seasonal variation but not for price changes.

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, June 3, 2020.

Summary

New orders for manufactured goods in April, down three of the last four months, decreased $57.5 billion 

or 13.0 percent to $384.3 billion, the U.S. Census Bureau reported today. This followed an 11.0 percent

March decrease. Shipments, down four consecutive months, decreased $63.6 billion or 13.5 percent to

$406.8 billion. This followed a 5.5 percent March decrease. Unfilled orders, down two consecutive 

months, decreased $17.6 billion or 1.6 percent to $1,107.6 billion. This followed a 2.1 percent March

decrease. The unfilled orders-to-shipments ratio was 7.62, up from 6.70 in March. Inventories, down four

consecutive months, decreased $2.6 billion or 0.4 percent to $686.5 billion. This followed a 1.1 percent

March decrease. The inventories-to-shipments ratio was 1.69, up from 1.46 in March.

May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20

% Change -0.9% -0.3% 1.6% 0.0% -0.5% 0.1% -1.1% 1.7% -0.4% 0.2% -11.0% -13.0%

-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%

MANUFACTURERS' NEW ORDERS 2019-2020

Seasonally Adjusted, Month-To-Month Percentage Change

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

June 3, 2020.
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New Orders

New orders for manufactured durable goods in April, down three of the last four months, decreased $36.3

billion or 17.7 percent to $168.7 billion, down from the previously published 17.2 percent decrease. This 

followed a 16.7 percent March decrease. Transportation equipment, also down three of the last four

months, led the decrease, $24.3 billion or 48.3 percent to $26.1 billion. New orders for manufactured

nondurable goods decreased $21.2 billion or 9.0 percent to $215.6 billion.

Shipments

Shipments of manufactured durable goods in April, down three of the last four months, decreased $42.4

billion or 18.2 percent to $191.2 billion, down from the previously published 17.7 percent decrease. This 

followed a 5.5 percent March decrease. Transportation equipment, also down three of the last four 

months, led the decrease, $31.7 billion or 43.1 percent to $41.8 billion. Shipments of manufactured

nondurable goods, down four consecutive months, decreased $21.2 billion or 9.0 percent to $215.6 billion. 

This followed a 5.4 percent March decrease. Petroleum and coal products, also down four consecutive 

months, led the decrease, $11.9 billion or 32.0 percent to $25.4 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in April, down two consecutive months, decreased $17.6

billion or 1.6 percent to $1,107.6 billion, unchanged from the previously published decrease. This followed 

a 2.1 percent March decrease. Transportation equipment, also down two consecutive months, led the 

decrease, $15.7 billion or 2.0 percent to $759.6 billion.

Inventories

Inventories of manufactured durable goods in April, up two consecutive months, increased $0.6 billion or 

0.2 percent to $425.3 billion, unchanged from the previously published increase. This followed a 0.5 

percent March increase. Transportation equipment, up twenty-one of the last twenty-two months, led the 

increase, $0.4 billion or 0.3 percent to $143.0 billion. Inventories of manufactured nondurable goods, 

down four consecutive months, decreased $3.2 billion or 1.2 percent to $261.2 billion. This followed a 3.5

percent March decrease. Petroleum and coal products, also down four consecutive months, drove the 

decrease, $3.7 billion or 12.1 percent to $27.1 billion. By stage of fabrication, April materials and supplies 

increased 2.3 percent in durable goods and decreased 1.2 percent in nondurable goods. Work in process 

decreased 0.7 percent in durable goods and 1.5 percent in nondurable goods. Finished goods decreased 

1.2 percent in durable goods and 1.1 percent in nondurable goods.
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The Advance Report on durable goods for May is scheduled for release on June 25, 2020 at 8:30 a.m. EDT

and the Full Report on July 2, 2020 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 64 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 57 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 
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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 were

issued on May 15, 2020. These revisions result from

• benchmarking the M3 shipments and inventories data to the 2017 Economic Census data on a 

2017 NAICS basis;

• incorporating the unfilled orders to shipments ratios obtained for 2017 and 2016 from the 

Manufacturers’ Unfilled Orders (M3UFO) Survey by applying these ratios to the respective 2017 

Economic Census data and 2016 ASM shipments data;

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

orders data;

• correcting the seasonal adjusted new order data derived from the monthly estimate of 

shipments plus the change in unfilled orders between the current and prior period for January 

2002;

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

previously reported data;

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

annual review of the seasonal adjustment models. 

These revisions spanned the seasonally adjusted data for January 2007 through March 2020 and the data 

not seasonally adjusted for January 2012 through March 2020. An updated Press Release contains revised 

monthly tables for January 2020 through March 2020. Please call M3 staff on (301) 763-4832 with any 

questions.
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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 Groups

1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly

Industry % Change

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2020/

2020p 2020r 2020 Apr. Mar. Feb. 2020p 2020r 2020 2019 2020p 2019 2019

  All manufacturing industries.................. 406,763 470,383 497,544 ‐13.5 ‐5.5 ‐0.4 406,579 493,599 473,087 504,187 1,839,240 1,963,113 ‐6.3

      Excluding transportation................... 364,967 396,919 412,722 ‐8.1 ‐3.8 ‐1.0 364,954 412,146 389,737 420,060 1,559,034 1,615,121 ‐3.5

      Excluding defense.............................. 392,475 456,685 483,343 ‐14.1 ‐5.5 ‐0.4 393,178 478,586 459,193 491,283 1,784,883 1,909,705 ‐6.5

      With unfilled orders............................ 145,411 168,051 172,283 ‐13.5 ‐2.5 0.4 143,873 181,330 164,505 171,181 645,788 682,423 ‐5.4

  Durable goods industries......................... 191,180 233,588 247,276 ‐18.2 ‐5.5 0.8 190,052 250,002 237,057 246,801 900,582 980,365 ‐8.1

  Wood products....................................... 8,288 9,111 9,170 ‐9.0 ‐0.6 ‐0.3 8,866 9,075 8,500 9,223 34,428 33,940 1.4

  Nonmetallic mineral products.................... 10,984 11,427 11,486 ‐3.9 ‐0.5 ‐0.3 11,238 11,290 9,974 11,571 42,731 42,090 1.5

  Primary metals....................................... 16,623 18,963 19,505 ‐12.3 ‐2.8 ‐0.5 17,360 20,235 19,376 21,186 76,493 83,170 ‐8.0

      Iron and steel mills............................ 8,504 9,788 9,965 ‐13.1 ‐1.8 ‐2.2 9,006 10,380 9,875 11,402 39,443 44,354 ‐11.1

      Aluminum and nonferrous metals.......... 7,003 7,828 8,164 ‐10.5 ‐4.1 1.8 7,185 8,401 8,150 8,182 31,736 32,565 ‐2.5

      Ferrous metal foundries....................... 1,116 1,347 1,376 ‐17.1 ‐2.1 ‐1.2 1,169 1,454 1,351 1,602 5,314 6,251 ‐15.0

  Fabricated metal products....................... 27,878 30,848 31,864 ‐9.6 ‐3.2 0.3 28,173 31,797 30,457 31,882 120,401 123,700 ‐2.7

  Machinery............................................. 28,501 30,824 31,367 ‐7.5 ‐1.7 ‐1.7 28,579 33,874 30,363 32,729 121,485 126,881 ‐4.3

      Farm machinery................................. 1,570 1,693 1,786 ‐7.3 ‐5.2 ‐5.9 1,913 2,201 2,052 2,494 7,841 9,010 ‐13.0

      Construction machinery..................... 2,316 2,651 2,829 ‐12.6 ‐6.3 ‐4.5 2,432 2,928 2,798 3,231 10,768 12,256 ‐12.1

      Mining, oil field, and

          gas field machinery.......................... 1,266 1,379 1,421 ‐8.2 ‐3.0 ‐4.0 1,170 1,454 1,356 1,441 5,363 5,605 ‐4.3

      Industrial machinery.......................... 3,052 3,254 3,214 ‐6.2 1.2 ‐5.3 2,805 3,706 2,776 2,727 12,033 10,618 13.3

      Photographic equipment...................... 533 541 558 ‐1.5 ‐3.0 0.0 491 606 506 514 2,063 2,038 1.2

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............ 3,330 3,810 3,770 ‐12.6 1.1 2.9 3,347 4,042 3,106 3,872 13,470 14,193 ‐5.1

      Metalworking machinery..................... 2,394 2,476 2,587 ‐3.3 ‐4.3 1.7 2,271 2,620 2,392 2,660 9,606 10,491 ‐8.4

      Turbines, generators, and other

          power transmission equipment....... 3,476 3,936 3,911 ‐11.7 0.6 ‐3.0 3,479 3,995 4,021 4,182 15,332 16,289 ‐5.9

      Material handling equipment............... 2,595 2,737 2,771 ‐5.2 ‐1.2 ‐1.4 2,603 2,926 2,702 2,865 10,912 11,394 ‐4.2

  Computers and electronic products

2

.......... 28,630 28,465 28,659 0.6 ‐0.7 0.2 26,189 30,516 26,035 26,437 108,322 106,913 1.3

      Computers........................................ 557 560 584 ‐0.5 ‐4.1 ‐2.3 524 568 446 587 2,026 2,321 ‐12.7

      Computer storage devices..................... 489 498 497 ‐1.8 0.2 ‐2.7 354 686 361 251 1,782 1,107 61.0

      Other peripheral equipment................ 705 705 728 0.0 ‐3.2 ‐2.7 572 787 591 609 2,589 2,510 3.1

      Nondefense communications

          equipment.................................... 3,481 3,492 3,395 ‐0.3 2.9 0.2 3,136 4,133 2,799 2,998 12,752 11,987 6.4

      Defense communications equipment.... 262 255 254 2.7 0.4 4.5 269 270 255 238 997 1,046 ‐4.7

      Audio and video equipment.................... 275 263 287 4.6 ‐8.4 ‐5.6 232 240 261 296 958 1,174 ‐18.4

      Electronic components......................... 4,189 4,113 4,152 1.8 ‐0.9 0.7 4,082 4,328 3,896 3,720 16,060 14,729 9.0

      Nondefense search and navigation

          equipment...................................... 1,515 1,520 1,540 ‐0.3 ‐1.3 ‐1.8 1,381 1,774 1,471 1,509 6,001 6,320 ‐5.0

      Defense search and navigation

          equipment..................................... 3,009 3,003 3,003 0.2 0.0 0.0 2,901 3,267 2,909 2,834 11,536 11,092 4.0

      Electromedical, measuring,

          and control instruments................. 8,813 8,876 8,955 ‐0.7 ‐0.9 0.2 8,021 9,831 8,013 8,633 33,441 34,707 ‐3.6

  Electrical equipment, appliances,        

    and components................................... 10,054 11,158 11,118 ‐9.9 0.4 1.8 9,867 11,864 10,363 10,692 41,779 41,558 0.5

      Electric lighting equipment..................... 950 1,018 1,025 ‐6.7 ‐0.7 ‐1.0 939 1,050 942 1,018 3,860 3,826 0.9

      Household appliances........................ 1,633 1,922 1,931 ‐15.0 ‐0.5 4.2 1,607 2,020 1,755 1,854 6,913 7,108 ‐2.7

      Electrical equipment............................ 3,084 3,494 3,384 ‐11.7 3.3 1.6 2,967 3,922 3,198 3,208 12,999 12,914 0.7

      Batteries........................................... 639 769 766 ‐16.9 0.4 4.5 616 738 654 738 2,643 2,689 ‐1.7

  Transportation equipment........................ 41,796 73,464 84,822 ‐43.1 ‐13.4 2.8 41,625 81,453 83,350 84,127 280,206 347,992 ‐19.5

      Automobiles..................................... 500 6,021 8,762 ‐91.7 ‐31.3 7.4 507 6,535 8,821 8,923 23,709 36,915 ‐35.8

      Light trucks and utility vehicles.............. 1,915 13,457 19,488 ‐85.8 ‐30.9 3.4 1,962 14,894 19,635 19,562 52,931 81,531 ‐35.1

      Heavy duty trucks ............................. 1,278 2,031 2,403 ‐37.1 ‐15.5 ‐1.4 1,325 2,245 2,244 2,826 8,036 10,726 ‐25.1

      Motor vehicle bodies, parts,       

          and trailers.................................... 18,734 26,446 28,654 ‐29.2 ‐7.7 ‐1.2 19,603 28,506 29,359 29,368 105,190 114,072 ‐7.8

      Nondefense aircraft and parts................ 4,392 10,733 9,570 ‐59.1 12.2 17.7 3,841 13,042 7,818 9,420 30,856 48,150 ‐35.9

      Defense aircraft and parts.................. 4,244 3,833 4,397 10.7 ‐12.8 ‐7.9 3,710 4,347 3,961 4,179 15,727 17,885 ‐12.1

      Ships and boats................................. 2,381 2,662 2,952 ‐10.6 ‐9.8 ‐4.6 2,390 2,903 2,967 3,143 10,764 12,136 ‐11.3

  Furniture and related products.................. 5,991 6,564 6,720 ‐8.7 ‐2.3 ‐1.1 5,974 6,556 6,654 6,576 25,585 25,584 0.0

  Miscellaneous durable goods................. 12,435 12,764 12,565 ‐2.6 1.6 0.1 12,181 13,342 11,985 12,378 49,152 48,537 1.3

  Nondurable goods industries..................... 215,583 236,795 250,268 ‐9.0 ‐5.4 ‐1.5 216,527 243,597 236,030 257,386 938,658 982,748 ‐4.5

  Food products....................................... 66,846 68,695 67,373 ‐2.7 2.0 ‐0.1 65,571 70,205 66,739 65,860 267,386 262,517 1.9

      Grain and oilseed milling....................... 7,051 6,871 6,721 2.6 2.2 0.1 6,875 7,083 6,710 6,841 27,280 27,572 ‐1.1

      Dairy products.................................. 10,210 10,630 10,504 ‐4.0 1.2 ‐0.2 10,048 10,862 10,045 10,145 41,297 39,944 3.4

      Meat, poultry, and seafood products... 18,172 19,625 19,283 ‐7.4 1.8 0.0 18,209 19,870 18,989 19,557 75,291 77,699 ‐3.1

  Beverage and tobacco products................ 12,349 13,620 12,683 ‐9.3 7.4 ‐4.2 12,333 13,745 11,802 13,345 50,010 50,156 ‐0.3

      Beverages......................................... 9,068 9,318 9,289 ‐2.7 0.3 ‐1.5 9,052 9,443 8,408 9,440 35,223 34,723 1.4

      Tobacco............................................ 3,281 4,302 3,394 ‐23.7 26.8 ‐10.9 3,281 4,302 3,394 3,905 14,787 15,433 ‐4.2

  Textile mills........................................... 1,896 2,232 2,256 ‐15.1 ‐1.1 ‐1.2 1,941 2,333 2,249 2,378 8,636 9,279 ‐6.9

  Textile products................................... 1,682 1,871 1,909 ‐10.1 ‐2.0 1.0 1,722 1,908 1,912 2,051 7,251 8,012 ‐9.5

  Apparel................................................ 862 885 897 ‐2.6 ‐1.3 ‐3.0 748 822 861 797 3,296 3,336 ‐1.2

  Leather and allied products...................... 311 357 385 ‐12.9 ‐7.3 ‐1.5 306 366 404 415 1,447 1,643 ‐11.9

  Paper products...................................... 16,171 16,311 16,146 ‐0.9 1.0 ‐1.2 15,847 16,669 15,430 15,867 64,155 63,232 1.5

      Pulp, paper, and paperboard mills....... 6,569 6,606 6,412 ‐0.6 3.0 ‐3.3 6,406 6,722 6,068 6,388 25,835 25,473 1.4

      Paperboard containers........................ 5,669 5,753 5,811 ‐1.5 ‐1.0 ‐0.3 5,649 5,898 5,464 5,748 22,866 22,722 0.6

  Printing................................................. 6,477 7,164 7,328 ‐9.6 ‐2.2 ‐2.2 6,562 7,233 6,772 7,055 27,817 27,138 2.5

  Petroleum and coal products.................. 25,361 37,278 52,919 ‐32.0 ‐29.6 ‐4.5 25,924 36,671 45,435 59,920 160,231 211,453 ‐24.2

      Petroleum refineries.......................... 21,817 32,706 48,406 ‐33.3 ‐32.4 ‐4.8 22,460 32,487 41,663 55,690 145,053 196,587 ‐26.2

  Chemical products..................................... 65,233 68,156 68,014 ‐4.3 0.2 ‐0.5 66,672 72,723 65,194 68,564 270,069 265,103 1.9

      Pesticides, fertilizers, and other

          agricultural chemicals....................... 2,736 2,700 2,764 1.3 ‐2.3 ‐2.7 3,518 3,516 2,844 3,776 12,362 13,163 ‐6.1

      Pharmaceuticals and medicines............. 24,308 24,057 23,246 1.0 3.5 1.1 24,309 25,186 21,757 21,780 93,561 85,917 8.9

      Paints, coatings, and adhesives.......... 4,185 4,449 4,402 ‐5.9 1.1 ‐1.8 4,680 4,728 4,042 4,879 17,507 15,818 10.7

  Plastics and rubber products.................. 18,395 20,226 20,358 ‐9.1 ‐0.6 ‐0.2 18,901 20,922 19,232 21,134 78,360 80,879 ‐3.1

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, April Full Report, June 3, 2020.  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

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2020/

2020p 2020r 2020 Apr. Mar. Feb. 2020p 2020r 2020 2019 2020p 2019 2019

All manufacturing industries2........................ 384,306 441,815 496,463 ‐13.0 ‐11.0 0.2 384,170 472,892 474,943 496,543 1,795,681 1,952,210 ‐8.0

      Excluding transportation2...................... 358,238 391,413 407,719 ‐8.5 ‐4.0 ‐1.1 360,036 409,146 387,849 417,064 1,548,252 1,607,726 ‐3.7

      Excluding defense2.............................. 372,057 424,425 477,799 ‐12.3 ‐11.2 ‐0.8 373,398 451,062 456,160 483,388 1,734,736 1,896,108 ‐8.5

      With unfilled orders2

............................. 127,827 144,175 176,028 ‐11.3 ‐18.1 2.1 125,759 164,757 170,964 167,978 620,634 690,219 ‐10.1

  Durable goods industries2......................... 168,723 205,020 246,195 ‐17.7 ‐16.7 2.0 167,643 229,295 238,913 239,157 857,023 969,462 ‐11.6

  Primary metals........................................ 15,744 18,451 19,376 ‐14.7 ‐4.8 ‐1.1 16,398 19,836 19,832 21,069 76,007 84,180 ‐9.7

      Iron and steel mills.............................. 7,794 9,072 9,914 ‐14.1 ‐8.5 ‐2.2 8,270 9,871 10,239 11,299 38,674 44,958 ‐14.0

      Aluminum and nonferrous metals.......... 6,791 8,037 8,228 ‐15.5 ‐2.3 1.9 6,934 8,617 8,370 8,216 32,090 32,873 ‐2.4

      Ferrous metal foundries....................... 1,159 1,342 1,234 ‐13.6 8.8 ‐10.6 1,194 1,348 1,223 1,554 5,243 6,349 ‐17.4

  Fabricated metal products........................ 26,624 30,341 31,455 ‐12.3 ‐3.5 ‐1.4 27,369 32,196 30,756 32,741 121,298 126,521 ‐4.1

  Machinery............................................. 28,763 30,991 31,521 ‐7.2 ‐1.7 ‐0.1 29,068 33,869 31,429 32,671 124,850 130,131 ‐4.1

      Construction machinery........................ 2,201 2,422 2,648 ‐9.1 ‐8.5 ‐11.5 2,235 2,688 2,747 2,737 10,679 12,151 ‐12.1

      Mining, oil field, and

          gas field machinery.......................... 1,282 1,309 1,441 ‐2.1 ‐9.2 3.0 1,186 1,384 1,376 1,386 5,248 5,456 ‐3.8

      Industrial machinery............................ 3,025 3,107 3,232 ‐2.6 ‐3.9 ‐3.8 2,836 3,572 2,773 2,795 12,485 11,254 10.9

      Photographic equipment....................... 532 533 566 ‐0.2 ‐5.8 3.5 475 563 504 469 2,001 1,801 11.1

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 3,321 3,907 3,790 ‐15.0 3.1 3.6 3,409 4,200 3,298 4,086 14,127 15,166 ‐6.9

      Metalworking machinery....................... 2,410 2,494 2,722 ‐3.4 ‐8.4 14.1 2,494 2,456 2,766 2,555 10,112 10,488 ‐3.6

      Turbines, generators, and other        

          power transmission equipment........... 3,547 4,040 3,844 ‐12.2 5.1 ‐1.9 3,550 4,099 3,954 4,204 15,328 16,215 ‐5.5

      Material handling equipment.................. 2,613 2,800 2,681 ‐6.7 4.4 ‐7.2 2,543 2,948 2,675 2,704 10,948 11,157 ‐1.9

  Computers and electronic products2

........... 23,775 23,792 23,920 ‐0.1 ‐0.5 0.2 22,162 27,045 21,854 22,295 91,800 90,748 1.2

      Computers........................................ 523 531 579 ‐1.5 ‐8.3 ‐2.7 490 539 441 575 1,955 2,339 ‐16.4

      Nondefense communications

          equipment...................................... 3,487 3,475 3,388 0.3 2.6 ‐0.8 3,248 4,187 2,996 3,059 13,217 12,536 5.4

      Defense communications equipment....... 210 164 231 28.0 ‐29.0 ‐4.5 209 215 230 177 868 970 ‐10.5

      Electronic components......................... 4,261 4,207 4,130 1.3 1.9 0.0 4,205 4,216 3,924 3,769 16,388 14,956 9.6

      Nondefense search and navigation

          equipment...................................... 1,501 1,536 1,613 ‐2.3 ‐4.8 1.1 1,518 1,760 1,552 1,682 6,351 6,765 ‐6.1

      Defense search and navigation

          equipment...................................... 3,012 2,981 2,976 1.0 0.2 0.5 2,916 3,836 2,877 3,065 11,885 12,289 ‐3.3

      Electromedical, measuring,

          and control instruments..................... 8,850 8,944 9,053 ‐1.1 ‐1.2 1.2 7,996 10,081 8,191 8,491 34,032 34,881 ‐2.4

  Electrical equipment, appliances,        

    and components................................... 10,131 11,128 11,210 ‐9.0 ‐0.7 2.1 10,147 11,960 10,607 10,895 42,932 42,516 1.0

      Electric lighting equipment..................... 940 989 1,003 ‐5.0 ‐1.4 2.6 927 1,023 928 1,004 3,797 3,882 ‐2.2

      Household appliances.......................... 1,620 1,919 1,966 ‐15.6 ‐2.4 5.2 1,692 2,076 1,614 1,923 6,999 7,039 ‐0.6

      Electrical equipment............................ 3,060 3,505 3,391 ‐12.7 3.4 0.9 2,996 3,960 3,268 3,264 13,359 13,441 ‐0.6

  Transportation equipment........................ 26,068 50,402 88,744 ‐48.3 ‐43.2 6.4 24,134 63,746 87,094 79,479 247,429 344,484 ‐28.2

      Motor vehicle bodies, parts,       

          and trailers..................................... 18,576 26,287 28,744 ‐29.3 ‐8.5 ‐1.3 19,000 28,286 29,957 28,748 105,359 114,064 ‐7.6

      Nondefense aircraft and parts 3................ ‐8,606 ‐16,052 8,716 (NA) ‐284.2 ‐0.5 ‐9,878 ‐10,797 5,846 5,624 ‐8,620 42,686 ‐120.2

      Defense aircraft and parts.................... 4,055 6,026 4,436 ‐32.7 35.8 0.7 3,530 7,633 2,687 5,079 16,704 19,419 ‐14.0

      Ships and boats.................................. 2,159 642 7,203 236.3 ‐91.1 147.7 1,697 2,090 9,977 2,220 15,856 15,672 1.2

  Furniture and related products................... 5,947 6,621 6,745 ‐10.2 ‐1.8 ‐0.7 6,116 6,944 6,879 6,819 26,423 26,293 0.5

  Nondurable goods industries..................... 215,583 236,795 250,268 ‐9.0 ‐5.4 ‐1.5 216,527 243,597 236,030 257,386 938,658 982,748 ‐4.5

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 April 2020 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, April Full Report, June 3, 2020.  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 April

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2020/

2020p 2020r 2020 Apr. Mar. Feb. 2020p 2020r 2020 2019 2019

All manufacturing industries2...................... 1,107,595 1,125,179 1,149,055 ‐1.6 ‐2.1 0.3 1,116,988 1,135,102 1,151,675 1,172,056 ‐4.7

      Excluding transportation2

...................... 348,035 349,891 350,705 ‐0.5 ‐0.2 ‐0.1 352,748 353,371 352,237 355,318 ‐0.7

      Excluding defense2............................. 886,525 902,070 929,638 ‐1.7 ‐3.0 ‐0.1 893,552 909,037 932,427 962,855 ‐7.2

  Durable goods industries2........................ 1,107,595 1,125,179 1,149,055 ‐1.6 ‐2.1 0.3 1,116,988 1,135,102 1,151,675 1,172,056 ‐4.7

  Primary metals........................................ 30,252 31,131 31,643 ‐2.8 ‐1.6 ‐0.4 30,973 31,935 32,334 31,946 ‐3.0

      Iron and steel mills............................... 12,431 13,141 13,857 ‐5.4 ‐5.2 ‐0.4 12,898 13,634 14,143 14,236 ‐9.4

      Aluminum and nonferrous metals............. 12,667 12,879 12,670 ‐1.6 1.6 0.5 12,888 13,139 12,923 12,554 2.7

      Ferrous metal foundries........................ 5,154 5,111 5,116 0.8 ‐0.1 ‐2.7 5,187 5,162 5,268 5,156 0.6

  Fabricated metal products......................... 72,333 73,587 74,094 ‐1.7 ‐0.7 ‐0.5 73,347 74,151 73,752 75,737 ‐3.2

  Machinery.............................................. 96,884 96,622 96,455 0.3 0.2 0.2 98,093 97,604 97,609 100,312 ‐2.2

      Construction machinery......................... 4,977 5,092 5,321 ‐2.3 ‐4.3 ‐3.3 5,288 5,485 5,725 8,170 ‐35.3

      Mining, oil field, and

          gas field machinery.......................... 3,907 3,891 3,961 0.4 ‐1.8 0.5 3,907 3,891 3,961 4,517 ‐13.5

      Industrial machinery............................. 8,704 8,731 8,878 ‐0.3 ‐1.7 0.2 8,943 8,912 9,046 9,320 ‐4.0

      Photographic equipment........................ 1,010 1,011 1,019 ‐0.1 ‐0.8 0.8 1,008 1,024 1,067 1,128 ‐10.6

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment................ 6,898 6,907 6,810 ‐0.1 1.4 0.3 7,153 7,091 6,933 7,116 0.5

      Metalworking machinery........................ 7,974 7,958 7,940 0.2 0.2 1.7 8,120 7,897 8,061 8,444 ‐3.8

      Turbines, generators, and other        

          power transmission equipment............ 23,602 23,531 23,427 0.3 0.4 ‐0.3 23,602 23,531 23,427 23,913 ‐1.3

      Material handling equipment................... 11,134 11,116 11,053 0.2 0.6 ‐0.8 11,072 11,132 11,110 10,515 5.3

  Computers and electronic products2

............. 118,514 118,496 118,477 0.0 0.0 0.1 119,625 119,357 118,694 118,157 1.2

      Computers......................................... 1,937 1,971 2,000 ‐1.7 ‐1.5 ‐0.2 1,937 1,971 2,000 2,009 ‐3.6

      Nondefense communications

          equipment...................................... 24,817 24,811 24,828 0.0 ‐0.1 0.0 25,097 24,985 24,931 24,723 1.5

      Defense communications equipment........ 815 867 958 ‐6.0 ‐9.5 ‐2.3 828 888 943 1,188 ‐30.3

      Electronic components.......................... 14,854 14,782 14,688 0.5 0.6 ‐0.1 14,993 14,870 14,982 14,307 4.8

      Nondefense search and navigation

          equipment....................................... 21,612 21,626 21,610 ‐0.1 0.1 0.3 21,698 21,561 21,575 21,200 2.3

      Defense search and navigation

          equipment....................................... 30,669 30,666 30,688 0.0 ‐0.1 ‐0.1 31,070 31,055 30,486 30,936 0.4

      Electromedical, measuring,

          and control instruments...................... 23,810 23,773 23,705 0.2 0.3 0.4 24,002 24,027 23,777 23,794 0.9

  Electrical equipment, appliances,        

    and components.................................... 21,551 21,474 21,504 0.4 ‐0.1 0.4 21,936 21,656 21,560 20,764 5.6

      Electric lighting equipment..................... 1,685 1,695 1,724 ‐0.6 ‐1.7 ‐1.3 1,684 1,696 1,723 1,389 21.2

      Household appliances........................... 1,614 1,627 1,630 ‐0.8 ‐0.2 2.2 1,642 1,557 1,501 1,277 28.6

      Electrical equipment............................. 8,609 8,633 8,622 ‐0.3 0.1 0.1 8,777 8,748 8,710 8,859 ‐0.9

  Transportation equipment......................... 759,560 775,288 798,350 ‐2.0 ‐2.9 0.5 764,240 781,731 799,438 816,738 ‐6.4

      Motor vehicle bodies, parts,       

          and trailers...................................... 20,465 20,623 20,782 ‐0.8 ‐0.8 0.4 20,917 21,520 21,740 21,895 ‐4.5

      Nondefense aircraft and parts................ 518,222 531,220 558,005 ‐2.4 ‐4.8 ‐0.2 520,498 534,217 558,056 584,840 ‐11.0

      Defense aircraft and parts..................... 85,411 85,600 83,407 ‐0.2 2.6 0.0 86,014 86,194 82,908 81,712 5.3

      Ships and boats.................................. 48,592 48,814 50,834 ‐0.5 ‐4.0 9.1 50,241 50,934 51,747 45,829 9.6

  Furniture and related products................... 7,961 8,005 7,948 ‐0.5 0.7 0.3 8,234 8,092 7,704 7,856 4.8

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.      

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, April Full Report, June 3, 2020.  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 April

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2020/

2020p 2020r 2020 Apr. Mar. Feb. 2020p 2020r 2020 2019 2019

  All manufacturing industries...................... 686,476 689,026 696,428 ‐0.4 ‐1.1 ‐0.4 689,171 688,034 698,878 694,363 ‐0.7

      Excluding transportation........................ 543,445 546,430 554,708 ‐0.5 ‐1.5 ‐0.5 545,626 546,165 556,213 565,655 ‐3.5

      Excluding defense............................. 661,143 663,975 671,378 ‐0.4 ‐1.1 ‐0.4 663,843 662,956 673,828 669,739 ‐0.9

      With unfilled orders............................. 346,960 346,421 344,408 0.2 0.6 0.0 348,692 345,463 345,379 336,136 3.7

  Durable goods industries........................ 425,292 424,651 422,492 0.2 0.5 ‐0.1 427,049 423,705 424,848 414,174 3.1

  Wood products........................................ 11,848 11,860 11,862 ‐0.1 0.0 ‐0.2 11,795 12,159 12,289 12,148 ‐2.9

  Nonmetallic mineral products..................... 14,617 14,487 14,350 0.9 1.0 ‐1.0 14,829 14,736 14,596 14,684 1.0

  Primary metals......................................... 35,557 35,896 35,504 ‐0.9 1.1 0.0 35,568 35,768 35,675 37,046 ‐4.0

      Iron and steel mills............................... 19,917 19,945 19,753 ‐0.1 1.0 0.4 19,745 19,841 19,866 21,390 ‐7.7

      Aluminum and nonferrous metals............ 13,443 13,735 13,513 ‐2.1 1.6 ‐0.6 13,587 13,691 13,511 13,378 1.6

      Ferrous metal foundries........................ 2,197 2,216 2,238 ‐0.9 ‐1.0 1.0 2,236 2,236 2,298 2,278 ‐1.8

  Fabricated metal products......................... 53,455 53,273 53,225 0.3 0.1 ‐0.4 53,718 53,316 53,392 54,234 ‐1.0

  Machinery.............................................. 71,210 71,479 71,133 ‐0.4 0.5 ‐0.2 71,446 71,589 71,173 72,202 ‐1.0

      Farm machinery.................................. 3,922 3,808 3,685 3.0 3.3 ‐1.1 3,846 3,951 3,882 3,628 6.0

      Construction machinery......................... 6,022 6,082 6,092 ‐1.0 ‐0.2 0.0 6,100 6,166 6,094 6,562 ‐7.0

      Mining, oil field,   

          and gas field machinery.................... 4,933 5,001 5,130 ‐1.4 ‐2.5 ‐1.4 4,953 4,988 5,170 5,692 ‐13.0

      Industrial machinery............................. 9,623 9,613 9,452 0.1 1.7 0.1 9,442 9,878 9,426 8,834 6.9

      Photographic equipment....................... 1,499 1,487 1,468 0.8 1.3 0.0 1,489 1,425 1,485 1,455 2.3

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 5,587 5,783 5,768 ‐3.4 0.3 0.6 5,960 5,920 5,889 6,145 ‐3.0

      Metalworking machinery........................ 6,055 6,100 5,993 ‐0.7 1.8 ‐1.8 6,022 6,023 5,925 6,129 ‐1.7

      Turbines, generators, and other

          power transmission equipment............ 9,601 9,674 9,648 ‐0.8 0.3 0.6 9,704 9,493 9,579 9,919 ‐2.2

      Material handling equipment.................. 5,002 5,035 5,078 ‐0.7 ‐0.8 ‐0.7 4,976 4,973 4,894 5,246 ‐5.1

  Computers and electronic products2

............ 44,126 43,995 43,740 0.3 0.6 ‐0.7 44,478 43,498 44,026 44,155 0.7

      Computers......................................... 1,803 1,759 1,699 2.5 3.5 ‐1.2 1,735 1,711 1,741 1,676 3.5

      Computer storage devices.................... 957 950 935 0.7 1.6 ‐3.4 876 849 968 830 5.5

      Other peripheral equipment................... 1,078 1,070 1,090 0.7 ‐1.8 ‐0.9 1,098 1,035 1,107 1,074 2.2

      Nondefense communications

          equipment...................................... 4,588 4,563 4,469 0.5 2.1 0.2 4,593 4,541 4,488 4,563 0.7

      Defense communications equipment........ 667 659 660 1.2 ‐0.2 0.3 667 659 660 658 1.4

      Audio and video equipment.................... 667 624 613 6.9 1.8 0.2 643 580 603 626 2.7

      Electronic components.......................... 8,049 8,086 8,056 ‐0.5 0.4 0.1 8,375 8,095 8,154 8,194 2.2

      Nondefense search and navigation

          equipment...................................... 2,928 2,901 2,895 0.9 0.2 0.0 2,938 2,856 2,887 2,781 5.6

      Defense search and navigation

          equipment....................................... 2,665 2,684 2,696 ‐0.7 ‐0.4 ‐0.1 2,713 2,694 2,722 2,775 ‐2.2

      Electromedical, measuring        

          and control instruments...................... 15,192 15,161 15,044 0.2 0.8 ‐0.7 15,311 15,038 14,992 15,085 1.5

  Electrical equipment, appliances,        

    and components.................................... 19,918 19,718 19,783 1.0 ‐0.3 ‐0.5 20,188 19,807 19,937 20,114 0.4

      Electric lighting equipment..................... 2,033 2,052 2,067 ‐0.9 ‐0.7 ‐0.1 2,045 2,035 2,073 2,099 ‐2.6

      Household appliances........................... 2,501 2,542 2,588 ‐1.6 ‐1.8 ‐1.4 2,547 2,575 2,633 2,785 ‐8.5

      Electrical equipment............................. 6,425 6,309 6,318 1.8 ‐0.1 ‐1.1 6,552 6,336 6,449 6,461 1.4

      Batteries............................................ 1,864 1,866 1,827 ‐0.1 2.1 0.9 1,914 1,865 1,764 2,011 ‐4.8

  Transportation equipment......................... 143,031 142,596 141,720 0.3 0.6 0.4 143,545 141,869 142,665 128,708 11.5

      Automobiles....................................... 5,650 5,672 5,582 ‐0.4 1.6 ‐2.5 5,628 5,628 5,692 5,174 8.8

      Light trucks and utility vehicles.............. 4,753 5,148 5,483 ‐7.7 ‐6.1 2.9 4,700 4,993 5,677 5,269 ‐10.8

      Heavy duty trucks ............................... 1,970 1,906 1,939 3.4 ‐1.7 0.1 1,996 1,884 2,009 1,932 3.3

      Motor vehicle bodies, parts,       

          and trailers...................................... 27,742 27,024 26,898 2.7 0.5 0.4 27,775 27,139 27,104 26,697 4.0

      Nondefense aircraft and parts................ 73,760 73,993 73,104 ‐0.3 1.2 0.4 74,404 73,479 73,466 62,284 19.5

      Defense aircraft and parts..................... 12,297 12,195 12,217 0.8 ‐0.2 0.4 12,327 12,125 12,229 12,025 2.5

      Ships and boats.................................. 4,264 4,231 3,932 0.8 7.6 ‐2.2 4,158 4,302 3,901 4,020 3.4

  Furniture and related products.................... 7,421 7,418 7,387 0.0 0.4 ‐0.4 7,354 7,285 7,331 7,434 ‐1.1

  Miscellaneous durable goods..................... 24,109 23,929 23,788 0.8 0.6 0.1 24,128 23,678 23,764 23,449 2.9

  Nondurable goods industries...................... 261,184 264,375 273,936 ‐1.2 ‐3.5 ‐0.7 262,122 264,329 274,030 280,189 ‐6.4

  Food products........................................ 55,279 55,265 55,613 0.0 ‐0.6 0.0 54,171 54,296 55,507 53,681 0.9

      Grain and oilseed milling........................ 5,287 5,345 5,370 ‐1.1 ‐0.5 ‐0.4 5,189 5,353 5,568 5,044 2.9

      Dairy products.................................... 8,405 8,492 8,610 ‐1.0 ‐1.4 0.6 8,585 8,582 8,539 8,343 2.9

      Meat, poultry, and seafood products....... 9,776 9,797 9,952 ‐0.2 ‐1.6 ‐1.2 9,624 9,797 10,010 9,581 0.4

  Beverage and tobacco products................ 25,496 25,351 25,719 0.6 ‐1.4 ‐0.2 25,720 25,628 26,156 25,851 ‐0.5

      Beverages......................................... 21,597 21,399 21,730 0.9 ‐1.5 0.0 21,810 21,566 22,006 21,663 0.7

      Tobacco............................................ 3,899 3,952 3,989 ‐1.3 ‐0.9 ‐0.9 3,910 4,062 4,150 4,188 ‐6.6

  Textile mills............................................ 3,167 3,190 3,197 ‐0.7 ‐0.2 ‐0.6 3,174 3,177 3,199 3,289 ‐3.5

  Textile products...................................... 3,814 3,853 3,853 ‐1.0 0.0 ‐0.4 3,810 3,881 3,881 4,045 ‐5.8

  Apparel................................................. 1,853 1,806 1,813 2.6 ‐0.4 ‐0.7 1,808 1,766 1,798 1,880 ‐3.8

  Leather and allied products....................... 860 861 857 ‐0.1 0.5 0.1 850 841 841 849 0.1

  Paper products....................................... 15,087 14,927 15,035 1.1 ‐0.7 ‐1.2 15,064 14,993 15,193 15,430 ‐2.4

      Pulp, paper, and paperboard mills........... 5,608 5,587 5,612 0.4 ‐0.4 ‐2.3 5,651 5,662 5,693 5,856 ‐3.5

      Paperboard containers......................... 5,433 5,320 5,322 2.1 0.0 ‐1.3 5,367 5,328 5,371 5,368 0.0

  Printing.................................................. 5,719 5,696 5,668 0.4 0.5 0.1 5,774 5,702 5,642 5,753 0.4

  Petroleum and coal products..................... 27,072 30,789 38,652 ‐12.1 ‐20.3 ‐3.5 27,866 30,500 37,626 43,249 ‐35.6

      Petroleum refineries............................. 21,179 24,888 32,881 ‐14.9 ‐24.3 ‐4.2 21,954 24,633 31,786 37,419 ‐41.3

  Chemical products..................................... 96,137 95,834 96,534 0.3 ‐0.7 ‐0.3 96,865 96,408 96,805 98,003 ‐1.2

      Pesticides, fertilizers, and other

          agricultural chemicals........................ 5,432 5,425 5,382 0.1 0.8 ‐0.1 5,638 5,872 5,858 5,681 ‐0.8

      Pharmaceuticals and medicines.............. 44,891 44,330 44,258 1.3 0.2 ‐0.9 45,061 44,333 43,950 44,506 1.2

      Paints, coatings, and adhesives.............. 4,023 4,021 4,029 0.0 ‐0.2 0.1 4,148 4,135 4,116 4,213 ‐1.5

  Plastics and rubber products..................... 26,700 26,803 26,995 ‐0.4 ‐0.7 ‐0.3 27,020 27,137 27,382 28,159 ‐4.0

p Preliminary

r Revised data due to late receipts and concurrent seasonal adjustment.   1

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

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

Estimates are not adjusted for price changes.        2 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, April Full Report, June 3, 2020.  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

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2020/

2020p 2020r 2020 Apr. Mar. Feb. 2020p 2020r 2020 2019 2020p 2019 2019

SHIPMENTS

  All manufacturing industries......................... 406,763 470,383 497,544 ‐13.5 ‐5.5 ‐0.4 406,579 493,599 473,087 504,187 1,839,240 1,963,113 ‐6.3

    Construction materials and supplies....... 46,947 51,648 52,441 ‐9.1 ‐1.5 ‐0.2 48,548 51,933 47,439 52,942 194,789 194,536 0.1

    Information technology......................... 23,849 24,156 24,251 ‐1.3 ‐0.4 0.0 22,041 26,794 21,856 22,664 91,284 90,544 0.8

    Computers and related products........... 1,751 1,763 1,809 ‐0.7 ‐2.5 ‐2.6 1,450 2,041 1,398 1,447 6,397 5,938 7.7

    Motor vehicle and parts......................... 22,427 47,955 59,307 ‐53.2 ‐19.1 1.5 23,397 52,180 60,059 60,679 189,866 243,244 ‐21.9

    Capital goods......................................      75,992 84,915 84,686 ‐10.5 0.3 1.2 72,571 93,997 78,924 82,082 318,029 335,313 ‐5.2

      Nondefense capital goods3

.................. 63,565 72,923 72,313 ‐12.8 0.8 1.7 60,770 80,937 66,681 70,735 270,487 288,791 ‐6.3

        Excluding aircraft............................. 61,564 65,298 66,157 ‐5.7 ‐1.3 ‐0.6 59,184 71,532 62,162 65,065 252,303 256,622 ‐1.7

      Defense capital goods4

........................ 12,427 11,992 12,373 3.6 ‐3.1 ‐1.8 11,801 13,060 12,243 11,347 47,542 46,522 2.2

    Consumer goods.................................. 154,468 187,386 208,998 ‐17.6 ‐10.3 ‐0.8 153,871 192,748 199,114 214,214 745,351 827,500 ‐9.9

      Consumer durable goods..................... 14,317 32,556 41,667 ‐56.0 ‐21.9 3.2 14,671 35,173 41,964 42,247 128,231 171,468 ‐25.2

      Consumer nondurable goods................ 140,151 154,830 167,331 ‐9.5 ‐7.5 ‐1.8 139,200 157,575 157,150 171,967 617,120 656,032 ‐5.9

  All manufacturing industries5

...................... 384,306 441,815 496,463 ‐13.0 ‐11.0 0.2 384,170 472,892 474,943 496,543 1,795,681 1,952,210 ‐8.0

    Construction materials and supplies....... 45,840 50,863 51,908 ‐9.9 ‐2.0 ‐1.2 47,909 52,033 47,416 53,642 194,985 197,142 ‐1.1

    Information technology......................... 23,918 24,064 24,440 ‐0.6 ‐1.5 0.5 22,348 27,555 22,577 22,961 93,547 93,058 0.5

    Computers and related products........... 1,717 1,734 1,804 ‐1.0 ‐3.9 ‐2.7 1,416 2,012 1,393 1,435 6,326 5,956 6.2

    Motor vehicle and parts......................... 22,269 47,796 59,397 ‐53.4 ‐19.5 1.4 22,794 51,960 60,657 60,059 190,035 243,236 ‐21.9

    Capital goods......................................      60,581 62,023 88,311 ‐2.3 ‐29.8 7.4 57,516 77,529 83,894 79,114 290,150 339,647 ‐14.6

      Nondefense capital goods3.................. 49,750 46,151 71,483 7.8 ‐35.4 1.5 47,727 57,703 66,248 68,176 234,735 290,369 ‐19.2

        Excluding aircraft............................. 61,607 65,608 66,453 ‐6.1 ‐1.3 ‐0.6 59,908 72,303 64,013 65,000 258,589 262,439 ‐1.5

      Defense capital goods4

........................ 10,831 15,872 16,828 ‐31.8 ‐5.7 43.4 9,789 19,826 17,646 10,938 55,415 49,278 12.5

    Consumer goods.................................. 154,415 187,396 209,031 ‐17.6 ‐10.4 ‐0.8 153,864 192,837 199,078 214,272 745,560 827,605 ‐9.9

      Consumer durable goods..................... 14,264 32,566 41,700 ‐56.2 ‐21.9 3.3 14,664 35,262 41,928 42,305 128,440 171,573 ‐25.1

      Consumer nondurable goods.............. 140,151 154,830 167,331 ‐9.5 ‐7.5 ‐1.8 139,200 157,575 157,150 171,967 617,120 656,032 ‐5.9

  All manufacturing industries5

...................... 1,107,595 1,125,179 1,149,055 ‐1.6 ‐2.1 0.3 1,116,988 1,135,102 1,151,675 1,172,056 (X) (X) ‐4.7

    Construction materials and supplies....... 50,405 51,512 52,297 ‐2.1 ‐1.5 ‐1.0 51,313 51,952 51,852 54,301 (X) (X) ‐5.5

    Information technology......................... 114,313 114,244 114,336 0.1 ‐0.1 0.2 115,473 115,166 114,405 114,217 (X) (X) 1.1

    Computers and related products........... 1,937 1,971 2,000 ‐1.7 ‐1.5 ‐0.2 1,937 1,971 2,000 2,009 (X) (X) ‐3.6

    Motor vehicle and parts......................... 20,465 20,623 20,782 ‐0.8 ‐0.8 0.4 20,917 21,520 21,740 21,895 (X) (X) ‐4.5

    Capital goods......................................      803,458 818,869 841,761 ‐1.9 ‐2.7 0.4 810,394 825,449 841,917 870,352 (X) (X) ‐6.9

      Nondefense capital goods3.................. 624,641 638,456 665,228 ‐2.2 ‐4.0 ‐0.1 628,912 641,955 665,189 701,876 (X) (X) ‐10.4

        Excluding aircraft............................. 216,230 216,187 215,877 0.0 0.1 0.1 218,420 217,696 216,925 219,232 (X) (X) ‐0.4

      Defense capital goods4........................ 178,817 180,413 176,533 ‐0.9 2.2 2.6 181,482 183,494 176,728 168,476 (X) (X) 7.7

    Consumer goods.................................. 4,781 4,834 4,824 ‐1.1 0.2 0.7 4,899 4,906 4,817 4,324 (X) (X) 13.3

      Consumer durable goods..................... 4,781 4,834 4,824 ‐1.1 0.2 0.7 4,899 4,906 4,817 4,324 (X) (X) 13.3

  All manufacturing industries....................... 686,476 689,026 696,428 ‐0.4 ‐1.1 ‐0.4 689,171 688,034 698,878 694,363 (X) (X) ‐0.7

    Construction materials and supplies....... 72,049 72,034 71,812 0.0 0.3 ‐0.4 72,895 72,729 72,781 73,816 (X) (X) ‐1.2

    Information technology......................... 39,301 38,970 38,716 0.8 0.7 ‐0.4 39,353 38,539 38,840 38,442 (X) (X) 2.4

    Computers and related products........... 3,838 3,779 3,724 1.6 1.5 ‐1.7 3,709 3,595 3,816 3,580 (X) (X) 3.6

    Motor vehicle and parts......................... 40,115 39,750 39,902 0.9 ‐0.4 0.3 40,099 39,644 40,482 39,072 (X) (X) 2.6

    Capital goods......................................      211,399 210,813 209,478 0.3 0.6 0.0 212,094 209,797 209,591 198,995 (X) (X) 6.6

      Nondefense capital goods3.................. 190,286 189,971 188,604 0.2 0.7 0.1 191,016 188,858 188,729 178,486 (X) (X) 7.0

        Excluding aircraft............................. 128,947 128,366 127,638 0.5 0.6 ‐0.2 129,099 127,784 127,628 127,773 (X) (X) 1.0

      Defense capital goods4........................ 21,113 20,842 20,874 1.3 ‐0.2 ‐0.3 21,078 20,939 20,862 20,509 (X) (X) 2.8

    Consumer goods.................................. 197,378 200,760 209,699 ‐1.7 ‐4.3 ‐1.0 197,092 199,310 209,185 212,949 (X) (X) ‐7.4

      Consumer durable goods..................... 31,218 31,700 31,957 ‐1.5 ‐0.8 ‐0.2 31,020 31,271 32,418 31,679 (X) (X) ‐2.1

      Consumer nondurable goods................ 166,160 169,060 177,742 ‐1.7 ‐4.9 ‐1.1 166,072 168,039 176,767 181,270 (X) (X) ‐8.4

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 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.           

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, April Full Report, June 3, 2020.  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 April

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2020/

2020p 2020r 2020 Apr. Mar. Feb. 2020p 2020r 2020 2019 2019

MATERIALS AND SUPPLIES

  All manufacturing industries....................... 238,785 236,618 237,748 0.9 ‐0.5 0.1 238,819 236,190 237,209 238,834 0.0

    Durable goods industries.......................... 149,065 145,776 144,756 2.3 0.7 0.4 148,713 144,864 144,268 144,545 2.9

      Wood products................................... 5,460 5,393 5,313 1.2 1.5 0.8 5,223 5,341 5,453 5,092 2.6

      Nonmetallic mineral products................. 5,908 5,803 5,651 1.8 2.7 ‐0.3 5,934 5,814 5,658 5,727 3.6

      Primary metals.................................... 13,196 12,948 12,907 1.9 0.3 2.0 12,928 12,544 12,835 13,533 ‐4.5

      Fabricated metal products..........................       19,736 19,646 19,728 0.5 ‐0.4 0.6 19,642 19,455 19,580 20,364 ‐3.5

      Machinery.......................................... 28,458 27,706 27,718 2.7 0.0 ‐1.2 28,401 27,691 27,501 28,474 ‐0.3

      Computers and electronic products........ 19,819 19,777 19,694 0.2 0.4 0.5 19,987 19,528 19,567 19,097 4.7

      Electrical equipment, appliances,

         and components............................... 8,786 8,615 8,600 2.0 0.2 0.1 8,888 8,651 8,598 8,538 4.1

      Transportation equipment..................... 36,204 34,492 33,879 5.0 1.8 1.2 36,284 34,625 33,910 32,422 11.9

      Furniture and related products............... 3,560 3,523 3,491 1.1 0.9 0.7 3,533 3,469 3,479 3,680 ‐4.0

      Miscellaneous products......................... 7,938 7,873 7,775 0.8 1.3 ‐0.3 7,893 7,746 7,687 7,618 3.6

   Nondurable goods industries...................... 89,720 90,842 92,992 ‐1.2 ‐2.3 ‐0.2 90,106 91,326 92,941 94,289 ‐4.4

      Food  products.................................... 19,591 19,724 19,905 ‐0.7 ‐0.9 0.3 19,256 19,691 19,862 19,073 1.0

      Beverage and tobacco products........................ 5,729 5,914 5,845 ‐3.1 1.2 ‐0.7 5,789 6,048 6,034 5,925 ‐2.3

      Textiles.............................................. 1,188 1,175 1,164 1.1 0.9 ‐0.5 1,196 1,168 1,157 1,213 ‐1.4

      Textile products................................... 1,215 1,206 1,212 0.7 ‐0.5 ‐0.4 1,211 1,214 1,210 1,247 ‐2.9

      Apparel............................................. 538 529 535 1.7 ‐1.1 ‐0.9 536 529 538 623 ‐14.0

      Leather and allied products.................... 284 281 277 1.1 1.4 ‐0.7 281 272 270 279 0.7

      Paper products.................................... 7,628 7,488 7,529 1.9 ‐0.5 ‐1.2 7,593 7,525 7,598 7,760 ‐2.2

      Printing ............................................. 2,716 2,693 2,651 0.9 1.6 ‐0.9 2,724 2,680 2,638 2,719 0.2

      Petroleum and coal products................. 8,713 9,762 12,012 ‐10.7 ‐18.7 ‐0.7 9,189 10,060 11,713 13,099 ‐29.8

      Chemical products................................ 31,137 31,213 31,067 ‐0.2 0.5 ‐0.4 31,289 31,327 31,107 31,365 ‐0.2

      Plastics and rubber products.................. 10,981 10,857 10,795 1.1 0.6 1.1 11,042 10,812 10,814 10,986 0.5

WORK IN PROCESS

  All manufacturing industries....................... 201,855 203,702 205,150 ‐0.9 ‐0.7 ‐0.5 203,321 203,442 206,117 201,368 1.0

    Durable goods industries.......................... 157,239 158,392 156,448 ‐0.7 1.2 0.0 158,644 158,253 157,399 147,931 7.2

      Wood products................................... 1,651 1,695 1,720 ‐2.6 ‐1.5 ‐0.6 1,676 1,759 1,766 1,828 ‐8.3

      Nonmetallic mineral products................. 1,405 1,406 1,433 ‐0.1 ‐1.9 ‐1.2 1,454 1,455 1,483 1,524 ‐4.6

      Primary metals.................................... 9,856 10,304 10,202 ‐4.3 1.0 0.5 9,945 10,256 10,168 10,894 ‐8.7

      Fabricated metal products..........................       13,689 13,648 13,508 0.3 1.0 ‐0.4 13,742 13,662 13,555 13,689 0.4

      Machinery.......................................... 19,438 20,323 19,712 ‐4.4 3.1 1.2 19,482 20,157 19,780 19,565 ‐0.4

      Computers and electronic products........ 12,838 12,895 12,853 ‐0.4 0.3 0.2 13,199 13,036 13,111 13,356 ‐1.2

      Electrical equipment, appliances,

         and components............................... 4,240 4,195 4,174 1.1 0.5 0.0 4,314 4,201 4,196 4,252 1.5

      Transportation equipment..................... 89,232 89,034 87,947 0.2 1.2 ‐0.2 89,915 88,861 88,424 77,972 15.3

      Furniture and related products............... 1,146 1,151 1,150 ‐0.4 0.1 ‐2.6 1,149 1,149 1,156 1,130 1.7

      Miscellaneous products......................... 3,744 3,741 3,749 0.1 ‐0.2 0.8 3,768 3,717 3,760 3,721 1.3

   Nondurable goods industries...................... 44,616 45,310 48,702 ‐1.5 ‐7.0 ‐2.3 44,677 45,189 48,718 53,437 ‐16.4

      Food  products.................................... 4,587 4,555 4,524 0.7 0.7 2.6 4,440 4,495 4,598 4,504 ‐1.4

      Beverage and tobacco products........................ 9,037 8,979 9,246 0.6 ‐2.9 ‐0.1 8,998 9,131 9,493 9,351 ‐3.8

      Textiles.............................................. 598 627 636 ‐4.6 ‐1.4 ‐0.3 601 625 634 665 ‐9.6

      Textile products................................... 336 350 353 ‐4.0 ‐0.8 0.6 338 354 359 385 ‐12.2

      Apparel............................................. 314 314 313 0.0 0.3 ‐2.8 305 307 314 314 ‐2.9

      Leather and allied products.................... 87 87 88 0.0 ‐1.1 0.0 86 87 87 93 ‐7.5

      Paper products.................................... 1,398 1,397 1,392 0.1 0.4 ‐1.3 1,400 1,390 1,379 1,440 ‐2.8

      Printing ............................................. 1,233 1,237 1,252 ‐0.3 ‐1.2 2.1 1,253 1,267 1,247 1,241 1.0

      Petroleum and coal products................. 5,473 6,537 8,933 ‐16.3 ‐26.8 ‐11.0 5,648 6,370 8,802 11,787 ‐52.1

      Chemical products................................ 18,725 18,370 18,941 1.9 ‐3.0 ‐0.6 18,740 18,269 18,734 20,481 ‐8.5

      Plastics and rubber products.................. 2,828 2,857 3,024 ‐1.0 ‐5.5 ‐0.9 2,868 2,894 3,071 3,176 ‐9.7

FINISHED GOODS

  All manufacturing industries....................... 245,836 248,706 253,530 ‐1.2 ‐1.9 ‐0.7 247,031 248,402 255,552 254,161 ‐2.8

    Durable goods industries.......................... 118,988 120,483 121,288 ‐1.2 ‐0.7 ‐0.8 119,692 120,588 123,181 121,698 ‐1.6

      Wood products................................... 4,737 4,772 4,829 ‐0.7 ‐1.2 ‐1.0 4,896 5,059 5,070 5,228 ‐6.4

      Nonmetallic mineral products................. 7,304 7,278 7,266 0.4 0.2 ‐1.5 7,441 7,467 7,455 7,433 0.1

      Primary metals.................................... 12,505 12,644 12,395 ‐1.1 2.0 ‐2.3 12,695 12,968 12,672 12,619 0.6

      Fabricated metal products..........................       20,030 19,979 19,989 0.3 ‐0.1 ‐1.3 20,334 20,199 20,257 20,181 0.8

      Machinery.......................................... 23,314 23,450 23,703 ‐0.6 ‐1.1 ‐0.1 23,563 23,741 23,892 24,163 ‐2.5

      Computers and electronic products........ 11,469 11,323 11,193 1.3 1.2 ‐3.7 11,292 10,934 11,348 11,702 ‐3.5

      Electrical equipment, appliances,

         and components............................... 6,892 6,908 7,009 ‐0.2 ‐1.4 ‐1.3 6,986 6,955 7,143 7,324 ‐4.6

      Transportation equipment..................... 17,595 19,070 19,894 ‐7.7 ‐4.1 1.6 17,346 18,383 20,331 18,314 ‐5.3

      Furniture and related products............... 2,715 2,744 2,746 ‐1.1 ‐0.1 ‐0.8 2,672 2,667 2,696 2,624 1.8

      Miscellaneous products......................... 12,427 12,315 12,264 0.9 0.4 0.2 12,467 12,215 12,317 12,110 2.9

   Nondurable goods industries...................... 126,848 128,223 132,242 ‐1.1 ‐3.0 ‐0.5 127,339 127,814 132,371 132,463 ‐3.9

      Food  products.................................... 31,101 30,986 31,184 0.4 ‐0.6 ‐0.6 30,475 30,110 31,047 30,104 1.2

      Beverage and tobacco products........................ 10,730 10,458 10,628 2.6 ‐1.6 0.1 10,933 10,449 10,629 10,575 3.4

      Textiles.............................................. 1,381 1,388 1,397 ‐0.5 ‐0.6 ‐0.9 1,377 1,384 1,408 1,411 ‐2.4

      Textile products................................... 2,263 2,297 2,288 ‐1.5 0.4 ‐0.6 2,261 2,313 2,312 2,413 ‐6.3

      Apparel............................................. 1,001 963 965 3.9 ‐0.2 0.2 967 930 946 943 2.5

      Leather and allied products.................... 489 493 492 ‐0.8 0.2 0.6 483 482 484 477 1.3

      Paper products.................................... 6,061 6,042 6,114 0.3 ‐1.2 ‐1.2 6,071 6,078 6,216 6,230 ‐2.6

      Printing ............................................. 1,770 1,766 1,765 0.2 0.1 0.2 1,797 1,755 1,757 1,793 0.2

      Petroleum and coal products................. 12,886 14,490 17,707 ‐11.1 ‐18.2 ‐1.2 13,029 14,070 17,111 18,363 ‐29.0

      Chemical products................................ 46,275 46,251 46,526 0.1 ‐0.6 ‐0.1 46,836 46,812 46,964 46,157 1.5

      Plastics and rubber products.................. 12,891 13,089 13,176 ‐1.5 ‐0.7 ‐1.3 13,110 13,431 13,497 13,997 ‐6.3

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.     

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, April Full Report, June 3, 2020.  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 Apr Mar Feb Jan Apr Mar Feb Jan

2020p 2020r 2020 2020 2020p 2020r 2020 2020

All manufacturing industries3

.................................... 1.69 1.46 1.40 1.40 (X) (X) (X) (X)

Durable goods industries3

........................................ 2.22 1.82 1.71 1.72 7.62 6.70 6.67 6.67

  Wood products........................................................... 1.43 1.30 1.29 1.29 (X) (X) (X) (X)

  Nonmetallic mineral products............................. 1.33 1.27 1.25 1.26 (X) (X) (X) (X)

  Primary metals............................................................ 2.14 1.89 1.82 1.81 1.82 1.64 1.62 1.62

  Fabricated metal products...................................... 1.92 1.73 1.67 1.68 2.67 2.45 2.39 2.40

  Machinery..................................................................... 2.50 2.32 2.27 2.23 3.70 3.42 3.37 3.31

  Computers and electronic products3

................... 1.54 1.55 1.53 1.54 5.43 5.43 5.41 5.42

  Electrical equipment, appliances,

      and components.................................................... 1.98 1.77 1.78 1.82 2.29 2.07 2.08 2.10

  Transportation equipment..................................... 3.42 1.94 1.67 1.71 19.93 14.92 14.74 14.96

  Furniture and related products............................ 1.24 1.13 1.10 1.09 1.46 1.36 1.33 1.31

  Miscellaneous products.......................................... 1.94 1.87 1.89 1.89 (X) (X) (X) (X)

Nondurable goods industries................................... 1.21 1.12 1.09 1.09 (X) (X) (X) (X)

  Food products............................................................. 0.83 0.80 0.83 0.82 (X) (X) (X) (X)

  Beverage and tobacco products........................... 2.06 1.86 2.03 1.95 (X) (X) (X) (X)

  Textiles.......................................................................... 1.67 1.43 1.42 1.41 (X) (X) (X) (X)

  Textile products......................................................... 2.27 2.06 2.02 2.05 (X) (X) (X) (X)

  Apparel........................................................................ 2.15 2.04 2.02 1.97 (X) (X) (X) (X)

  Leather and allied products................................ 2.77 2.41 2.23 2.19 (X) (X) (X) (X)

  Paper products.......................................................... 0.93 0.92 0.93 0.93 (X) (X) (X) (X)

  Printing........................................................................ 0.88 0.80 0.77 0.76 (X) (X) (X) (X)

  Petroleum and coal products............................... 1.07 0.83 0.73 0.72 (X) (X) (X) (X)

  Chemical products................................................... 1.47 1.41 1.42 1.42 (X) (X) (X) (X)

  Plastics and rubber products................................ 1.45 1.33 1.33 1.33 (X) (X) (X) (X)

Apr3 Apr3 Apr3 Apr3

Industry 2019‐ 2019‐ 2019‐ 2019‐

Apr2 Mar Apr2 Mar Apr2 Mar Apr2 Mar

2020 2020 2020 2020 2020 2020 2020 2020

          

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

Durable goods industries....................... ‐0.5 0.2 ‐0.5 0.6 0.0 0.1 0.0 0.1

  Wood products............................................ (X) 0.2 (X) (NA) (X) (NA) (X) 0.2

  Nonmetallic mineral products.............. (X) 0.3 (X) (NA) (X) (NA) (X) 0.1

  Primary metals............................................. ‐1.8 0.5 ‐0.9 0.7 0.7 0.2 ‐0.2 0.3

  Fabricated metal products.................... ‐0.3 0.4 ‐0.3 0.7 0.0 0.2 ‐0.1 0.2

  Machinery...................................................... 0.0 0.4 ‐0.4 0.5 0.0 0.1 0.0 0.1

  Computers and electronic products..... 0.2 0.3 0.2 0.5 0.0 0.1 ‐0.2 0.1

  Electrical equipment, appliances,

      and components..................................... ‐1.9 0.3 ‐1.2 0.4 0.1 0.2 0.7 0.2

  Transportation equipment.................... ‐0.4 0.3 ‐1.0 1.3 0.0 0.1 0.0 0.1

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

  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) 0.1 (X) (NA) (X) (NA) (X) 0.2

  Beverage and tobacco products............ (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

  Textiles.......................................................... (X) 0.5 (X) (NA) (X) (NA) (X) 0.2

  Textile products......................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

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

  Leather and allied products.................. (X) 1.1 (X) (NA) (X) (NA) (X) 0.1

  Paper products............................................ (X) 0.5 (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) 0.6

  Chemical products................................... (X) 0.2 (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, April Full Report, June 3, 2020. 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, April Full Report, June 3, 2020. 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