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FOR RELEASE AT 10:00 AM EDT, FRIDAY, SEPTEMBER 2, 2022

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

JULY 2022

Release Number: CB 22-135 M3-2 (22)-07

September 2, 2022 — The U.S. Census Bureau announces the July full report on manufacturers’ shipments, 

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

JULY 2022 $548.5 billion -1.0%°

JUNE 2022

(revised) $554.2 billion +1.8%°

Next release: October 4, 2022

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, September 2, 

2022.

Summary

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

decreased $5.7 billion or 1.0 percent to $548.5 billion, the U.S. Census Bureau reported today. This 

followed a 1.8 percent June increase. Shipments, down following sixteen consecutive monthly increases, 

decreased $4.7 billion or 0.9 percent to $545.5 billion. This followed a 0.8 percent June increase. Unfilled 

orders, up twenty-three consecutive months, increased $7.9 billion or 0.7 percent to $1,126.7 billion. This 

followed a 0.8 percent June increase. The unfilled orders-to-shipments ratio was 6.04, up from 6.03 in 

June. Inventories, up twenty-three of the last twenty-four months, increased $0.5 billion or 0.1 percent to 

$802.0 billion. This followed a 0.4 percent June increase. The inventories-to-shipments ratio was 1.47, up

from 1.46 in June.

New Orders

New orders for manufactured durable goods in July, down following four consecutive monthly increases, 

decreased $0.4 billion or 0.1 percent to $273.2 billion, down from the previously published virtually 

unchanged decrease. This followed a 2.3 percent June increase. Transportation equipment, down 

following three consecutive monthly increases, drove the decrease, $0.7 billion or 0.7 percent to $92.9

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22

MANUFACTURERS' NEW ORDERS 2021-2022

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, September 2, 

2022.
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billion. New orders for manufactured nondurable goods decreased $5.3 billion or 1.9 percent to $275.4

billion.

Shipments

Shipments of manufactured durable goods in July, up fourteen of the last fifteen months, increased $0.6

billion or 0.2 percent to $270.1 billion, down from the previously published 0.4 percent increase. This 

followed a 0.3 percent June increase. Transportation equipment, up nine of the last ten months, drove the 

increase, $0.9 billion or 1.1 percent to $86.2 billion. Shipments of manufactured nondurable goods, down

following sixteen consecutive monthly increases, decreased $5.3 billion or 1.9 percent to $275.4 billion. 

This followed a 1.4 percent June increase. Petroleum and coal products, down following six consecutive 

monthly increases, led the decrease, $4.7 billion or 6.7 percent to $65.6 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in July, up twenty-three consecutive months, increased

$7.9 billion or 0.7 percent to $1,126.7 billion, unchanged from the previously published increase. This 

followed a 0.8 percent June increase. Transportation equipment, up seventeen of the last eighteen

months, led the increase, $6.7 billion or 1.0 percent to $655.1 billion.

Inventories

Inventories of manufactured durable goods in July, up eighteen consecutive months, increased $1.2 billion 

or 0.3 percent to $486.4 billion, up from the previously published 0.2 percent increase. This followed a 0.4

percent June increase. Machinery, up twenty-one consecutive months, led the increase, $0.7 billion or 0.8

percent to $83.9 billion. Inventories of manufactured nondurable goods, down following six consecutive 

monthly increases, decreased $0.8 billion or 0.2 percent to $315.6 billion. This followed a 0.4 percent June

increase. Petroleum and coal products, down two consecutive months, drove the decrease, $2.3 billion or 

4.1 percent to $53.3 billion. By stage of fabrication, July materials and supplies increased 0.8 percent in

durable goods and decreased 0.8 percent in nondurable goods. Work in process decreased 0.3 percent in

durable goods and increased 0.9 percent in nondurable goods. Finished goods increased 0.2 percent in

durable goods and decreased 0.2 percent in nondurable goods.

The Advance Report on durable goods for August is scheduled for release on September 27, 2022, at 8:30

a.m. EDT and the Full Report on October 4, 2022, 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>.
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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 

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. 
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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>.

Special Notice - New Advance Estimates Of Total Manufacturing

Beginning with September 2021 data released on October 27, 2021, advance estimates of total 

manufacturing, including M3 durable and nondurable industries, for shipments and inventories, are

available at the same time as the Advance Report on Durable Goods Manufacturers’ Shipments, 

Inventories and Orders. Monthly advance total manufacturing estimates are available on a seasonally 

adjusted basis as well as a not seasonally adjusted basis on the M3 website under the “Advance Report 

Highlights”. 

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

July June May June - May - Apr. - July June May July 2022/

2022p 2022r 2022 July June May 2022p 2022r 2022 2021 2022p 2021 2021

 All manufacturing industries.................. 545,497 550,206 545,675 -0.9 0.8 2.1 523,696 586,711 553,393 472,635 3,718,439 3,279,502 13.4

 Excluding transportation................... 459,289 464,926 460,563 -1.2 0.9 2.0 450,454 492,725 469,929 405,687 3,144,913 2,767,146 13.7

 Excluding defense.............................. 529,121 534,326 529,519 -1.0 0.9 2.1 508,971 569,839 537,837 458,474 3,610,508 3,177,525 13.6

 With unfilled orders............................ 186,554 185,506 185,669 0.6 -0.1 1.5 172,412 203,114 185,852 159,025 1,270,224 1,133,309 12.1

 Durable goods industries......................... 270,137 269,545 268,814 0.2 0.3 1.5 249,255 292,868 268,375 231,481 1,835,435 1,652,166 11.1

 Wood products....................................... 12,793 12,851 13,071 -0.5 -1.7 -0.6 12,985 14,068 14,111 12,763 91,366 85,964 6.3

 Nonmetallic mineral products.................... 12,643 12,550 12,446 0.7 0.8 0.4 12,965 13,881 12,868 12,130 85,960 79,422 8.2

 Primary metals....................................... 20,794 21,394 21,509 -2.8 -0.5 2.2 19,732 22,572 21,995 18,641 147,108 128,324 14.6

 Iron and steel mills............................ 12,479 12,446 12,415 0.3 0.2 3.0 11,957 12,966 12,766 10,617 84,920 71,176 19.3

 Aluminum and nonferrous metals.......... 6,882 7,459 7,561 -7.7 -1.3 1.3 6,429 7,901 7,621 6,660 51,682 47,989 7.7

 Ferrous metal foundries....................... 1,433 1,489 1,533 -3.8 -2.9 0.3 1,346 1,705 1,608 1,364 10,506 9,159 14.7

 Fabricated metal products....................... 37,306 37,079 36,849 0.6 0.6 0.8 35,661 39,391 37,721 32,644 255,571 224,664 13.8

 Machinery............................................. 37,993 37,760 37,587 0.6 0.5 1.4 35,824 41,463 38,062 32,652 260,799 228,260 14.3

 Farm machinery................................. 2,869 2,807 2,754 2.2 1.9 8.6 2,647 2,901 2,881 2,395 19,748 19,126 3.3

 Construction machinery..................... 3,683 3,593 3,557 2.5 1.0 -0.4 3,599 4,048 3,700 2,854 24,855 20,030 24.1

 Mining, oil field, and 

 gas field machinery.......................... 1,522 1,454 1,509 4.7 -3.6 6.3 1,415 1,515 1,462 1,232 9,807 8,673 13.1

 Industrial machinery.......................... 6,216 6,258 6,260 -0.7 0.0 0.8 5,804 7,062 5,978 4,915 42,325 28,406 49.0

 Photographic equipment...................... 504 534 523 -5.6 2.1 2.1 478 603 498 528 3,563 3,572 -0.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,581 4,614 4,578 -0.7 0.8 1.2 4,759 5,721 4,918 4,359 32,404 28,925 12.0

 Metalworking machinery..................... 2,653 2,618 2,636 1.3 -0.7 0.2 2,369 2,782 2,556 2,420 17,832 17,569 1.5

 Turbines, generators, and other

 power transmission equipment....... 3,257 3,245 3,183 0.4 1.9 2.1 3,128 3,287 3,265 3,100 22,483 22,395 0.4

 Material handling equipment............... 3,412 3,421 3,450 -0.3 -0.8 -1.8 3,075 3,560 3,449 2,669 23,854 19,065 25.1

 Computers and electronic products2

.......... 29,088 29,030 28,579 0.2 1.6 0.6 27,214 31,441 26,926 25,433 192,463 181,966 5.8

 Computers........................................ 763 742 732 2.8 1.4 -0.4 735 884 742 706 4,940 4,958 -0.4

 Computer storage devices..................... 668 670 663 -0.3 1.1 2.0 565 898 548 471 4,356 3,824 13.9

 Other peripheral equipment................ 633 572 454 10.7 26.0 1.1 692 648 405 440 3,455 2,965 16.5

 Nondefense communications

 equipment.................................... 3,168 3,097 3,053 2.3 1.4 1.3 2,660 3,837 2,802 2,360 20,360 18,392 10.7

 Defense communications equipment.... 215 209 206 2.9 1.5 -3.7 200 215 198 194 1,412 1,316 7.3

 Audio and video equipment.................... 378 341 401 10.9 -15.0 -11.9 323 271 375 272 2,478 1,871 32.4

 Electronic components......................... 4,608 4,562 4,593 1.0 -0.7 1.9 4,449 4,910 4,625 3,952 31,253 27,235 14.8

 Nondefense search and navigation

 equipment...................................... 1,654 1,649 1,626 0.3 1.4 -2.2 1,429 1,798 1,600 1,418 11,130 10,948 1.7

 Defense search and navigation

 equipment..................................... 3,161 3,195 3,232 -1.1 -1.1 0.7 2,888 3,374 3,155 2,961 21,712 21,668 0.2

 Electromedical, measuring,

 and control instruments................. 8,865 8,956 8,628 -1.0 3.8 0.6 8,260 9,732 8,112 7,700 58,403 56,532 3.3

 Electrical equipment, appliances, 

 and components................................... 13,142 13,405 13,383 -2.0 0.2 2.2 12,441 14,830 13,365 11,883 90,830 81,656 11.2

 Electric lighting equipment..................... 1,043 1,033 1,022 1.0 1.1 0.2 1,005 1,089 1,048 967 7,085 6,975 1.6

 Household appliances........................ 2,667 2,809 2,754 -5.1 2.0 4.4 2,303 3,064 2,695 2,324 18,037 16,981 6.2

 Electrical equipment............................ 3,742 3,745 3,781 -0.1 -1.0 3.2 3,500 4,439 3,816 3,459 25,869 24,089 7.4

 Batteries........................................... 948 955 935 -0.7 2.1 0.2 833 980 886 763 6,235 5,471 14.0

 Transportation equipment........................ 86,208 85,280 85,112 1.1 0.2 2.5 73,242 93,986 83,464 66,948 573,526 512,356 11.9

 Automobiles..................................... 7,272 7,322 7,269 -0.7 0.7 -6.1 6,179 7,676 7,120 5,717 50,081 46,793 7.0

 Light trucks and utility vehicles.............. 22,661 23,209 22,538 -2.4 3.0 6.4 18,139 24,674 21,462 16,980 147,105 128,484 14.5

 Heavy duty trucks ............................. 2,398 2,337 2,281 2.6 2.5 -0.3 2,237 2,519 2,294 1,754 15,934 13,410 18.8

 Motor vehicle bodies, parts, 

 and trailers.................................... 27,272 26,783 26,620 1.8 0.6 0.5 23,806 27,972 27,356 21,475 184,839 165,517 11.7

 Nondefense aircraft and parts................ 10,460 10,085 10,850 3.7 -7.1 5.8 8,514 14,417 9,914 7,873 70,444 61,852 13.9

 Defense aircraft and parts.................. 5,187 5,377 5,359 -3.5 0.3 0.6 4,635 5,972 5,151 4,907 35,869 35,762 0.3

 Ships and boats................................. 3,567 3,485 3,539 2.4 -1.5 3.0 3,265 3,716 3,768 3,308 24,391 24,415 -0.1

 Furniture and related products.................. 6,187 6,158 6,218 0.5 -1.0 1.0 6,234 6,390 6,212 5,853 42,528 39,954 6.4

 Miscellaneous durable goods................. 13,983 14,038 14,060 -0.4 -0.2 0.4 12,957 14,846 13,651 12,534 95,284 89,600 6.3

 Nondurable goods industries..................... 275,360 280,661 276,861 -1.9 1.4 2.7 274,441 293,843 285,018 241,154 1,883,004 1,627,336 15.7

 Food products....................................... 76,088 76,031 75,903 0.1 0.2 -0.2 73,465 76,155 76,135 70,920 520,278 494,705 5.2

 Grain and oilseed milling....................... 9,233 9,235 9,197 0.0 0.4 0.4 8,879 9,314 9,221 8,200 62,575 55,711 12.3

 Dairy products.................................. 12,042 12,066 11,957 -0.2 0.9 0.1 11,871 12,103 12,097 10,947 81,646 76,437 6.8

 Meat, poultry, and seafood products... 22,749 22,838 23,139 -0.4 -1.3 0.4 22,382 23,806 23,869 21,974 159,132 149,537 6.4

 Beverage and tobacco products................ 16,408 16,557 15,987 -0.9 3.6 2.8 16,495 17,338 16,581 14,211 109,328 94,894 15.2

 Beverages......................................... 9,926 9,860 9,757 0.7 1.1 -1.1 10,013 10,641 10,351 9,679 68,199 64,238 6.2

 Tobacco............................................ 6,482 6,697 6,230 -3.2 7.5 9.5 6,482 6,697 6,230 4,532 41,129 30,656 34.2

 Textile mills........................................... 2,299 2,286 2,302 0.6 -0.7 -0.9 2,296 2,434 2,358 2,293 16,289 15,732 3.5

 Textile products................................... 1,994 1,993 2,025 0.1 -1.6 1.9 2,017 2,136 2,118 1,942 14,098 13,435 4.9

 Apparel................................................ 727 732 731 -0.7 0.1 -3.6 713 705 683 713 4,830 4,671 3.4

 Leather and allied products...................... 422 423 447 -0.2 -5.4 -0.4 437 441 484 402 3,001 2,730 9.9

 Paper products...................................... 16,185 16,351 16,479 -1.0 -0.8 0.4 15,881 16,884 16,700 15,798 113,745 108,802 4.5

 Pulp, paper, and paperboard mills....... 5,865 5,896 6,036 -0.5 -2.3 1.4 5,888 5,961 6,082 5,790 41,118 39,159 5.0

 Paperboard containers........................ 5,978 6,062 6,002 -1.4 1.0 -0.6 5,819 6,361 5,967 5,868 41,905 40,632 3.1

 Printing................................................. 7,019 6,964 6,828 0.8 2.0 2.1 6,679 6,981 6,861 5,969 46,338 42,408 9.3

 Petroleum and coal products.................. 65,639 70,355 67,506 -6.7 4.2 10.0 71,151 76,868 72,532 47,077 438,649 281,132 56.0

 Petroleum refineries.......................... 60,279 65,115 62,415 -7.4 4.3 10.6 65,231 70,767 67,146 42,118 403,878 249,862 61.6

 Chemical products..................................... 66,155 66,589 66,265 -0.7 0.5 1.2 63,497 70,159 67,381 61,069 460,172 426,585 7.9

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,269 3,247 3,178 0.7 2.2 1.3 2,535 3,536 3,687 2,284 24,235 21,388 13.3

 Pharmaceuticals and medicines............. 21,998 22,024 21,504 -0.1 2.4 2.7 21,028 23,125 21,422 19,063 146,281 134,210 9.0

 Paints, coatings, and adhesives.......... 3,750 3,782 3,773 -0.8 0.2 1.3 3,726 4,140 4,134 3,665 26,938 25,290 6.5

 Plastics and rubber products.................. 22,424 22,380 22,388 0.2 0.0 -0.4 21,810 23,742 23,185 20,760 156,276 142,242 9.9

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, July Full Report, September 2, 2022. 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

July June May June - May - Apr. - July June May July 2022/

2022p 2022r 2022 July June May 2022p 2022r 2022 2021 2022p 2021 2021

All manufacturing industries2

........................ 548,546 554,232 544,394 -1.0 1.8 1.8 524,183 588,313 548,989 469,713 3,738,238 3,301,320 13.2

 Excluding transportation2...................... 455,622 460,606 456,119 -1.1 1.0 1.8 445,368 486,409 466,221 403,579 3,129,911 2,781,175 12.5

 Excluding defense2.............................. 531,818 534,338 528,613 -0.5 1.1 1.7 511,267 566,306 535,420 457,707 3,630,613 3,199,535 13.5

 With unfilled orders2............................. 194,497 194,488 189,296 0.0 2.7 0.5 177,833 209,510 185,735 160,986 1,322,440 1,186,837 11.4

 Durable goods industries2......................... 273,186 273,571 267,533 -0.1 2.3 0.8 249,742 294,470 263,971 228,559 1,855,234 1,673,984 10.8

 Primary metals........................................ 20,697 21,050 21,350 -1.7 -1.4 1.9 19,537 21,919 21,771 19,063 147,655 133,038 11.0

 Iron and steel mills.............................. 12,367 12,354 12,283 0.1 0.6 3.8 11,904 12,758 12,662 10,890 85,310 73,947 15.4

 Aluminum and nonferrous metals.......... 6,904 7,277 7,541 -5.1 -3.5 0.8 6,315 7,564 7,479 6,730 51,478 49,408 4.2

 Ferrous metal foundries....................... 1,426 1,419 1,526 0.5 -7.0 -7.1 1,318 1,597 1,630 1,443 10,867 9,683 12.2

 Fabricated metal products........................ 37,368 36,922 36,810 1.2 0.3 -0.2 35,637 38,856 38,558 33,287 261,493 244,453 7.0

 Machinery............................................. 38,566 38,434 38,242 0.3 0.5 1.3 36,364 41,299 38,233 34,568 267,730 240,267 11.4

 Construction machinery........................ 3,728 3,743 3,730 -0.4 0.3 4.3 3,422 3,921 3,531 2,900 25,352 22,232 14.0

 Mining, oil field, and

 gas field machinery.......................... 1,512 1,534 1,509 -1.4 1.7 1.5 1,405 1,595 1,462 1,459 9,775 8,904 9.8

 Industrial machinery............................ 6,587 6,522 6,371 1.0 2.4 0.4 6,267 7,129 5,977 5,314 44,215 30,058 47.1

 Photographic equipment....................... 553 566 509 -2.3 11.2 7.4 545 564 444 448 3,475 3,393 2.4

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,919 4,844 4,925 1.5 -1.6 -1.0 5,160 5,673 5,319 4,741 34,678 30,579 13.4

 Metalworking machinery....................... 2,564 2,518 2,725 1.8 -7.6 1.2 2,383 2,721 2,509 2,465 18,067 18,161 -0.5

 Turbines, generators, and other 

 power transmission equipment........... 3,176 3,313 3,116 -4.1 6.3 4.1 3,047 3,355 3,198 3,232 22,345 23,124 -3.4

 Material handling equipment.................. 3,508 3,375 3,399 3.9 -0.7 -4.8 2,949 3,838 3,360 2,861 24,618 19,778 24.5

 Computers and electronic products2

........... 24,397 24,211 23,787 0.8 1.8 0.2 21,812 26,647 22,166 20,337 161,159 152,921 5.4

 Computers........................................ 773 753 727 2.7 3.6 -0.7 745 895 737 719 4,939 4,933 0.1

 Nondefense communications

 equipment...................................... 2,968 2,918 3,061 1.7 -4.7 -2.5 2,242 3,617 2,761 2,564 20,216 19,408 4.2

 Defense communications equipment....... 217 214 210 1.4 1.9 1.0 192 218 188 174 1,376 1,154 19.2

 Electronic components......................... 4,720 4,604 4,506 2.5 2.2 1.3 4,602 4,636 4,428 4,000 31,448 28,029 12.2

 Nondefense search and navigation

 equipment...................................... 1,785 1,764 1,729 1.2 2.0 -2.9 1,560 1,937 1,652 1,622 12,154 12,254 -0.8

 Defense search and navigation

 equipment...................................... 3,264 3,275 3,237 -0.3 1.2 4.0 2,616 3,744 2,786 2,415 21,230 21,051 0.9

 Electromedical, measuring,

 and control instruments..................... 8,910 9,019 8,716 -1.2 3.5 0.4 8,196 9,703 8,209 7,584 58,960 56,885 3.6

 Electrical equipment, appliances, 

 and components................................... 13,555 13,717 13,353 -1.2 2.7 -0.8 12,556 14,794 13,473 11,673 93,292 85,784 8.8

 Electric lighting equipment..................... 1,064 1,026 1,009 3.7 1.7 -1.6 1,007 1,151 996 946 7,160 7,167 -0.1

 Household appliances.......................... 2,633 2,702 2,458 -2.6 9.9 -1.5 2,241 2,897 2,427 2,280 17,307 17,610 -1.7

 Electrical equipment............................ 3,956 4,012 4,059 -1.4 -1.2 -2.0 3,708 4,524 4,089 3,328 28,290 24,219 16.8

 Transportation equipment........................ 92,924 93,626 88,275 -0.7 6.1 1.6 78,815 101,904 82,768 66,134 608,327 520,145 17.0

 Motor vehicle bodies, parts, 

 and trailers..................................... 27,398 26,782 26,607 2.3 0.7 -0.7 23,642 27,272 27,039 21,804 184,897 167,783 10.2

 Nondefense aircraft and parts3................ 16,715 14,596 14,452 14.5 1.0 0.9 15,722 18,354 11,242 8,614 105,092 67,615 55.4

 Defense aircraft and parts.................... 4,851 9,644 5,410 -49.7 78.3 9.9 3,865 10,507 4,364 4,119 36,744 33,452 9.8

 Ships and boats.................................. 4,768 3,221 3,545 48.0 -9.1 5.4 3,403 3,450 3,439 1,812 24,326 28,613 -15.0

 Furniture and related products................... 6,261 6,157 6,141 1.7 0.3 0.9 6,115 6,241 6,374 5,999 42,797 42,077 1.7

 Nondurable goods industries..................... 275,360 280,661 276,861 -1.9 1.4 2.7 274,441 293,843 285,018 241,154 1,883,004 1,627,336 15.7

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. 

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, July Full Report, September 2, 2022. 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 July

July June May June - May - Apr. - July June May July 2022/

2022p 2022r 2022 July June May 2022p 2022r 2022 2021 2021

All manufacturing industries2...................... 1,126,664 1,118,721 1,109,739 0.7 0.8 0.3 1,126,817 1,121,396 1,115,000 1,050,111 7.3

 Excluding transportation2...................... 471,517 470,290 469,654 0.3 0.1 0.1 473,787 473,939 475,461 446,987 6.0

 Excluding defense2

............................. 914,452 906,861 901,893 0.8 0.6 0.4 915,335 908,105 906,844 837,255 9.3

 Durable goods industries2........................ 1,126,664 1,118,721 1,109,739 0.7 0.8 0.3 1,126,817 1,121,396 1,115,000 1,050,111 7.3

 Primary metals........................................ 30,663 30,760 31,104 -0.3 -1.1 -0.5 30,792 30,987 31,640 31,071 -0.9

 Iron and steel mills............................... 15,785 15,897 15,989 -0.7 -0.6 -0.8 16,056 16,109 16,317 16,847 -4.7

 Aluminum and nonferrous metals............. 10,767 10,745 10,927 0.2 -1.7 -0.2 10,611 10,725 11,062 10,745 -1.2

 Ferrous metal foundries........................ 4,111 4,118 4,188 -0.2 -1.7 -0.2 4,125 4,153 4,261 3,479 18.6

 Fabricated metal products......................... 117,980 117,918 118,075 0.1 -0.1 0.0 119,892 119,916 120,451 114,238 4.9

 Machinery.............................................. 131,525 130,952 130,278 0.4 0.5 0.5 131,853 131,313 131,477 120,524 9.4

 Construction machinery......................... 10,068 10,023 9,873 0.4 1.5 1.8 9,762 9,939 10,066 8,513 14.7

 Mining, oil field, and

 gas field machinery.......................... 5,035 5,045 4,965 -0.2 1.6 0.0 5,035 5,045 4,965 4,773 5.5

 Industrial machinery............................. 12,678 12,307 12,043 3.0 2.2 0.9 12,807 12,344 12,277 10,380 23.4

 Photographic equipment........................ 3,162 3,113 3,081 1.6 1.0 -0.5 3,065 2,998 3,037 3,134 -2.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 11,315 10,977 10,747 3.1 2.1 3.3 11,551 11,150 11,198 8,451 36.7

 Metalworking machinery........................ 8,522 8,611 8,711 -1.0 -1.1 1.0 8,629 8,615 8,676 7,929 8.8

 Turbines, generators, and other 

 power transmission equipment............ 33,281 33,362 33,294 -0.2 0.2 -0.2 33,281 33,362 33,294 33,000 0.9

 Material handling equipment................... 16,595 16,499 16,545 0.6 -0.3 -0.3 16,574 16,700 16,422 14,844 11.7

 Computers and electronic products2............. 140,357 140,154 140,017 0.1 0.1 0.1 140,115 140,583 140,583 134,553 4.1

 Computers......................................... 1,218 1,208 1,197 0.8 0.9 -0.4 1,218 1,208 1,197 1,352 -9.9

 Nondefense communications

 equipment...................................... 20,954 21,154 21,333 -0.9 -0.8 0.0 20,858 21,276 21,496 18,562 12.4

 Defense communications equipment........ 314 312 307 0.6 1.6 1.3 304 312 309 340 -10.6

 Electronic components.......................... 16,096 15,984 15,942 0.7 0.3 -0.5 15,967 15,814 16,088 15,042 6.1

 Nondefense search and navigation

 equipment....................................... 32,145 32,014 31,899 0.4 0.4 0.3 32,115 31,984 31,845 30,242 6.2

 Defense search and navigation

 equipment....................................... 38,473 38,370 38,290 0.3 0.2 0.0 38,476 38,748 38,378 38,696 -0.6

 Electromedical, measuring,

 and control instruments...................... 31,157 31,112 31,049 0.1 0.2 0.3 31,177 31,241 31,270 30,319 2.8

 Electrical equipment, appliances, 

 and components.................................... 39,178 38,765 38,453 1.1 0.8 -0.1 39,263 39,148 39,184 34,754 13.0

 Electric lighting equipment..................... 2,210 2,189 2,196 1.0 -0.3 -0.6 2,228 2,226 2,164 2,059 8.2

 Household appliances........................... 4,739 4,773 4,880 -0.7 -2.2 -5.7 4,677 4,739 4,906 5,099 -8.3

 Electrical equipment............................. 16,508 16,294 16,027 1.3 1.7 1.8 16,634 16,426 16,341 14,111 17.9

 Transportation equipment......................... 655,147 648,431 640,085 1.0 1.3 0.5 653,030 647,457 639,539 603,124 8.3

 Motor vehicle bodies, parts, 

 and trailers...................................... 28,598 28,472 28,473 0.4 0.0 0.0 27,805 27,969 28,669 25,967 7.1

 Nondefense aircraft and parts................ 440,524 434,269 429,758 1.4 1.0 0.8 439,981 432,773 428,836 390,109 12.8

 Defense aircraft and parts..................... 59,727 60,063 55,796 -0.6 7.6 0.1 59,433 60,203 55,668 57,753 2.9

 Ships and boats.................................. 49,621 48,420 48,684 2.5 -0.5 0.0 49,542 49,404 49,670 53,361 -7.2

 Furniture and related products................... 10,415 10,341 10,342 0.7 0.0 -0.7 10,473 10,592 10,741 10,353 1.2

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

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

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

2

 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, July Full Report, September 2, 2022. 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 July

July June May June - May - Apr. - July June May July 2022/

2022p 2022r 2022 July June May 2022p 2022r 2022 2021 2021

 All manufacturing industries...................... 801,992 801,535 798,203 0.1 0.4 1.3 806,957 802,257 804,479 733,368 10.0

 Excluding transportation........................ 644,558 643,959 640,915 0.1 0.5 1.6 648,074 645,909 646,708 580,323 11.7

 Excluding defense............................. 775,238 774,964 771,992 0.0 0.4 1.3 780,089 775,598 778,099 708,082 10.2

 With unfilled orders............................. 389,792 388,805 386,714 0.3 0.5 0.6 392,969 389,188 390,279 361,756 8.6

 Durable goods industries........................ 486,367 485,143 482,970 0.3 0.4 0.6 489,501 484,474 487,249 449,605 8.9

 Wood products........................................ 14,788 14,772 14,703 0.1 0.5 -0.2 14,546 14,546 14,552 13,676 6.4

 Nonmetallic mineral products..................... 16,146 15,979 15,839 1.0 0.9 1.0 16,183 16,103 16,188 14,434 12.1

 Primary metals......................................... 39,092 39,284 39,371 -0.5 -0.2 1.1 39,251 39,223 39,857 34,966 12.3

 Iron and steel mills............................... 22,928 23,165 23,236 -1.0 -0.3 0.9 23,054 23,123 23,397 20,668 11.5

 Aluminum and nonferrous metals............ 13,465 13,433 13,441 0.2 -0.1 1.6 13,513 13,408 13,692 11,859 13.9

 Ferrous metal foundries........................ 2,699 2,686 2,694 0.5 -0.3 1.2 2,684 2,692 2,768 2,439 10.0

 Fabricated metal products......................... 62,661 62,429 62,238 0.4 0.3 0.7 63,380 62,765 63,042 57,059 11.1

 Machinery.............................................. 83,944 83,269 82,362 0.8 1.1 1.3 83,765 83,327 83,358 71,745 16.8

 Farm machinery.................................. 5,850 5,882 5,818 -0.5 1.1 1.5 5,671 5,690 5,909 4,063 39.6

 Construction machinery......................... 7,180 7,070 7,065 1.6 0.1 1.9 7,144 7,084 7,149 5,594 27.7

 Mining, oil field, 

 and gas field machinery.................... 6,207 6,133 6,042 1.2 1.5 0.5 6,250 6,171 6,092 5,715 9.4

 Industrial machinery............................. 10,668 10,628 10,478 0.4 1.4 1.5 10,387 10,920 10,566 8,786 18.2

 Photographic equipment....................... 1,381 1,363 1,398 1.3 -2.5 0.3 1,390 1,334 1,407 1,323 5.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 7,609 7,454 7,226 2.1 3.2 2.0 7,535 7,467 7,621 5,951 26.6

 Metalworking machinery........................ 6,711 6,666 6,599 0.7 1.0 1.7 6,821 6,646 6,654 6,134 11.2

 Turbines, generators, and other

 power transmission equipment............ 10,411 10,301 10,195 1.1 1.0 1.1 10,537 10,330 10,338 9,410 12.0

 Material handling equipment.................. 6,751 6,720 6,654 0.5 1.0 0.8 6,827 6,720 6,655 5,865 16.4

 Computers and electronic products2............ 52,241 52,097 51,758 0.3 0.7 0.1 52,733 52,151 52,344 50,172 5.1

 Computers......................................... 2,125 2,125 2,115 0.0 0.5 1.3 2,201 2,214 2,168 2,021 8.9

 Computer storage devices.................... 859 858 878 0.1 -2.3 -2.7 883 830 886 898 -1.7

 Other peripheral equipment................... 901 891 896 1.1 -0.6 6.9 884 887 946 772 14.5

 Nondefense communications

 equipment...................................... 4,720 4,723 4,679 -0.1 0.9 -1.0 4,806 4,719 4,789 4,587 4.8

 Defense communications equipment........ 657 658 659 -0.2 -0.2 -0.6 657 658 659 668 -1.6

 Audio and video equipment.................... 1,139 1,174 1,106 -3.0 6.1 5.2 1,076 1,204 1,129 811 32.7

 Electronic components.......................... 9,894 9,870 9,832 0.2 0.4 -1.4 10,078 9,940 9,874 10,257 -1.7

 Nondefense search and navigation

 equipment...................................... 3,396 3,346 3,309 1.5 1.1 0.5 3,439 3,321 3,316 3,160 8.8

 Defense search and navigation

 equipment....................................... 2,842 2,839 2,834 0.1 0.2 -0.3 2,867 2,838 2,910 2,896 -1.0

 Electromedical, measuring 

 and control instruments...................... 17,858 17,752 17,564 0.6 1.1 0.5 18,062 17,755 17,786 16,708 8.1

 Electrical equipment, appliances, 

 and components.................................... 22,934 22,862 22,813 0.3 0.2 1.3 23,412 23,088 23,250 20,392 14.8

 Electric lighting equipment..................... 2,072 2,081 2,073 -0.4 0.4 1.9 2,088 2,081 2,074 2,039 2.4

 Household appliances........................... 3,457 3,394 3,398 1.9 -0.1 3.6 3,532 3,374 3,420 2,697 31.0

 Electrical equipment............................. 7,629 7,614 7,597 0.2 0.2 1.0 7,818 7,696 7,902 6,899 13.3

 Batteries............................................ 1,574 1,586 1,623 -0.8 -2.3 -0.3 1,633 1,686 1,712 1,633 0.0

 Transportation equipment......................... 157,434 157,576 157,288 -0.1 0.2 0.3 158,883 156,348 157,771 153,045 3.8

 Automobiles....................................... 6,263 6,427 6,580 -2.6 -2.3 0.6 6,425 6,305 6,424 6,207 3.5

 Light trucks and utility vehicles.............. 9,693 9,633 10,056 0.6 -4.2 0.3 9,890 9,129 10,218 8,889 11.3

 Heavy duty trucks ............................... 2,905 2,883 2,720 0.8 6.0 -0.6 2,944 2,923 2,812 2,557 15.1

 Motor vehicle bodies, parts, 

 and trailers...................................... 32,572 32,609 32,410 -0.1 0.6 0.6 33,001 32,455 32,583 30,533 8.1

 Nondefense aircraft and parts................ 76,028 76,062 76,012 0.0 0.1 -0.2 76,340 75,642 76,150 76,554 -0.3

 Defense aircraft and parts..................... 13,074 13,009 12,765 0.5 1.9 0.0 13,137 13,000 12,809 12,508 5.0

 Ships and boats.................................. 4,472 4,440 4,404 0.7 0.8 1.7 4,501 4,509 4,462 3,650 23.3

 Furniture and related products.................... 9,944 9,847 9,737 1.0 1.1 0.4 10,019 10,004 9,872 8,538 17.3

 Miscellaneous durable goods..................... 27,183 27,028 26,861 0.6 0.6 0.3 27,329 26,919 27,015 25,578 6.8

 Nondurable goods industries...................... 315,625 316,392 315,233 -0.2 0.4 2.4 317,456 317,783 317,230 283,763 11.9

 Food products........................................ 62,770 62,571 62,685 0.3 -0.2 0.3 62,015 61,189 61,213 58,797 5.5

 Grain and oilseed milling........................ 7,818 7,804 7,960 0.2 -2.0 1.2 7,642 7,645 7,663 6,890 10.9

 Dairy products.................................... 9,395 9,355 9,273 0.4 0.9 1.0 9,679 9,631 9,532 8,670 11.6

 Meat, poultry, and seafood products....... 10,893 10,755 10,650 1.3 1.0 0.4 10,927 10,556 10,586 10,377 5.3

 Beverage and tobacco products................ 28,253 28,232 28,203 0.1 0.1 0.5 27,608 27,861 28,467 26,167 5.5

 Beverages......................................... 24,593 24,572 24,521 0.1 0.2 0.6 24,201 24,357 24,860 22,865 5.8

 Tobacco............................................ 3,660 3,660 3,682 0.0 -0.6 -0.6 3,407 3,504 3,607 3,302 3.2

 Textile mills............................................ 3,639 3,584 3,516 1.5 1.9 1.8 3,665 3,577 3,543 3,098 18.3

 Textile products...................................... 4,304 4,289 4,272 0.3 0.4 0.9 4,285 4,254 4,246 3,845 11.4

 Apparel................................................. 2,296 2,292 2,221 0.2 3.2 3.7 2,447 2,399 2,244 1,942 26.0

 Leather and allied products....................... 1,147 1,102 1,048 4.1 5.2 1.6 1,183 1,121 1,077 880 34.4

 Paper products....................................... 16,674 16,550 16,412 0.7 0.8 0.4 16,878 16,545 16,527 15,696 7.5

 Pulp, paper, and paperboard mills........... 4,987 4,953 4,911 0.7 0.9 0.3 5,039 4,953 4,953 4,857 3.7

 Paperboard containers......................... 6,153 6,062 5,990 1.5 1.2 0.6 6,201 6,026 6,004 5,641 9.9

 Printing.................................................. 6,437 6,407 6,332 0.5 1.2 0.3 6,400 6,363 6,237 5,961 7.4

 Petroleum and coal products..................... 53,274 55,551 55,912 -4.1 -0.6 12.2 56,076 58,694 58,309 40,782 37.5

 Petroleum refineries............................. 46,353 48,739 49,167 -4.9 -0.9 12.9 48,989 51,777 51,413 35,119 39.5

 Chemical products..................................... 104,872 104,006 103,155 0.8 0.8 0.3 104,985 104,098 103,780 98,110 7.0

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 6,765 6,595 6,354 2.6 3.8 2.3 6,545 6,247 6,300 5,420 20.8

 Pharmaceuticals and medicines.............. 43,183 43,040 42,996 0.3 0.1 -0.7 43,312 43,719 43,563 43,658 -0.8

 Paints, coatings, and adhesives.............. 5,087 4,981 4,898 2.1 1.7 2.1 5,118 5,003 4,975 3,996 28.1

 Plastics and rubber products..................... 31,959 31,808 31,477 0.5 1.1 1.0 31,914 31,682 31,587 28,485 12.0

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, July Full Report, September 2, 2022. 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

July June May June - May - Apr. - July June May July 2022/

2022p 2022r 2022 July June May 2022p 2022r 2022 2021 2022p 2021 2021

SHIPMENTS

 All manufacturing industries......................... 545,497 550,206 545,675 -0.9 0.8 2.1 523,696 586,711 553,393 472,635 3,718,439 3,279,502 13.4

 Construction materials and supplies....... 61,645 61,646 61,489 0.0 0.3 0.5 62,061 68,028 64,599 57,740 428,115 386,312 10.8

 Information technology......................... 24,832 24,909 24,492 -0.3 1.7 0.4 23,109 27,598 23,432 21,496 165,960 154,733 7.3

 Computers and related products........... 2,064 1,984 1,849 4.0 7.3 0.8 1,992 2,430 1,695 1,617 12,751 11,747 8.5

 Motor vehicle and parts......................... 59,603 59,651 58,708 -0.1 1.6 1.7 50,361 62,841 58,232 45,926 397,959 354,204 12.4

 Capital goods...................................... 94,760 93,411 93,833 1.4 -0.4 1.8 86,964 104,888 91,656 79,939 638,015 575,932 10.8

 Nondefense capital goods3.................. 80,514 79,762 79,921 0.9 -0.2 1.7 74,096 90,655 78,125 67,633 544,151 487,204 11.7

 Excluding aircraft............................. 73,821 73,474 72,872 0.5 0.8 1.0 69,133 80,372 71,857 62,933 499,887 446,875 11.9

 Defense capital goods4........................ 14,246 13,649 13,912 4.4 -1.9 2.2 12,868 14,233 13,531 12,306 93,864 88,728 5.8

 Consumer goods.................................. 235,236 240,856 236,321 -2.3 1.9 3.6 229,580 251,539 240,867 197,157 1,586,247 1,346,188 17.8

 Consumer durable goods..................... 44,602 45,259 44,464 -1.5 1.8 2.5 37,649 47,836 43,194 35,800 296,494 270,213 9.7

 Consumer nondurable goods................ 190,634 195,597 191,857 -2.5 1.9 3.8 191,931 203,703 197,673 161,357 1,289,753 1,075,975 19.9

 All manufacturing industries5...................... 548,546 554,232 544,394 -1.0 1.8 1.8 524,183 588,313 548,989 469,713 3,738,238 3,301,320 13.2

 Construction materials and supplies....... 61,770 61,582 61,620 0.3 -0.1 0.1 61,998 67,586 65,682 58,703 434,045 405,409 7.1

 Information technology......................... 25,184 25,195 24,682 0.0 2.1 0.2 22,522 27,817 23,257 21,141 167,486 159,602 4.9

 Computers and related products........... 2,074 1,995 1,844 4.0 8.2 0.7 2,002 2,441 1,690 1,630 12,750 11,722 8.8

 Motor vehicle and parts......................... 59,729 59,650 58,695 0.1 1.6 1.2 50,197 62,141 57,915 46,255 398,017 356,470 11.7

 Capital goods...................................... 101,799 98,332 97,652 3.5 0.7 1.0 92,295 109,302 91,669 80,103 678,788 601,195 12.9

 Nondefense capital goods3.................. 87,241 84,937 84,070 2.7 1.0 0.9 81,144 94,359 79,765 69,759 588,619 510,653 15.3

 Excluding aircraft............................. 74,440 74,190 73,477 0.3 1.0 0.5 68,879 80,033 72,109 64,243 509,287 464,237 9.7

 Defense capital goods4........................ 14,558 13,395 13,582 8.7 -1.4 1.5 11,151 14,943 11,904 10,344 90,169 90,542 -0.4

 Consumer goods.................................. 235,192 240,785 235,986 -2.3 2.0 3.5 229,549 251,269 240,531 197,430 1,585,484 1,348,314 17.6

 Consumer durable goods..................... 44,558 45,188 44,129 -1.4 2.4 2.1 37,618 47,566 42,858 36,073 295,731 272,339 8.6

 Consumer nondurable goods.............. 190,634 195,597 191,857 -2.5 1.9 3.8 191,931 203,703 197,673 161,357 1,289,753 1,075,975 19.9

 All manufacturing industries5...................... 1,126,664 1,118,721 1,109,739 0.7 0.8 0.3 1,126,817 1,121,396 1,115,000 1,050,111 (X) (X) 7.3

 Construction materials and supplies....... 88,935 88,810 88,874 0.1 -0.1 0.1 90,791 90,854 91,296 83,175 (X) (X) 9.2

 Information technology......................... 143,144 142,792 142,506 0.2 0.2 0.1 142,937 143,524 143,305 136,130 (X) (X) 5.0

 Computers and related products........... 1,218 1,208 1,197 0.8 0.9 -0.4 1,218 1,208 1,197 1,352 (X) (X) -9.9

 Motor vehicle and parts......................... 28,598 28,472 28,473 0.4 0.0 0.0 27,805 27,969 28,669 25,967 (X) (X) 7.1

 Capital goods...................................... 821,556 814,517 809,596 0.9 0.6 0.5 820,944 815,613 811,199 761,007 (X) (X) 7.9

 Nondefense capital goods3.................. 636,021 629,294 624,119 1.1 0.8 0.7 636,096 629,048 625,344 570,288 (X) (X) 11.5

 Excluding aircraft............................. 265,377 264,758 264,042 0.2 0.3 0.2 265,694 265,948 266,287 248,213 (X) (X) 7.0

 Defense capital goods4........................ 185,535 185,223 185,477 0.2 -0.1 -0.2 184,848 186,565 185,855 190,719 (X) (X) -3.1

 Consumer goods.................................. 10,896 10,940 11,011 -0.4 -0.6 -3.0 10,732 10,763 11,033 11,696 (X) (X) -8.2

 Consumer durable goods..................... 10,896 10,940 11,011 -0.4 -0.6 -3.0 10,732 10,763 11,033 11,696 (X) (X) -8.2 

 All manufacturing industries....................... 801,992 801,535 798,203 0.1 0.4 1.3 806,957 802,257 804,479 733,368 (X) (X) 10.0

 Construction materials and supplies....... 86,442 85,951 85,326 0.6 0.7 0.7 86,643 86,052 86,536 77,704 (X) (X) 11.5

 Information technology......................... 44,192 44,026 43,670 0.4 0.8 0.5 44,713 44,110 44,249 41,064 (X) (X) 8.9

 Computers and related products........... 3,885 3,874 3,889 0.3 -0.4 1.6 3,968 3,931 4,000 3,691 (X) (X) 7.5

 Motor vehicle and parts......................... 51,433 51,552 51,766 -0.2 -0.4 0.5 52,260 50,812 52,037 48,186 (X) (X) 8.5

 Capital goods...................................... 235,632 234,656 233,124 0.4 0.7 0.4 237,136 235,065 235,177 219,430 (X) (X) 8.1

 Nondefense capital goods3.................. 212,840 212,041 210,848 0.4 0.6 0.4 214,293 212,353 212,776 198,026 (X) (X) 8.2

 Excluding aircraft............................. 147,484 146,642 145,364 0.6 0.9 0.7 148,545 147,159 147,312 131,957 (X) (X) 12.6

 Defense capital goods4........................ 22,792 22,615 22,276 0.8 1.5 0.4 22,843 22,712 22,401 21,404 (X) (X) 6.7

 Consumer goods.................................. 246,097 247,818 248,353 -0.7 -0.2 2.8 248,140 249,088 250,067 222,130 (X) (X) 11.7

 Consumer durable goods..................... 43,274 43,187 43,495 0.2 -0.7 1.3 43,579 42,405 43,527 38,668 (X) (X) 12.7

 Consumer nondurable goods................ 202,823 204,631 204,858 -0.9 -0.1 3.1 204,561 206,683 206,540 183,462 (X) (X) 11.5

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, July Full Report, September 2, 2022. 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 July

July June May June - May - Apr. - July June May July 2022/

2022p 2022r 2022 July June May 2022p 2022r 2022 2021 2021

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 294,735 294,301 292,587 0.1 0.6 1.6 297,210 295,457 293,843 260,678 14.0

 Durable goods industries.......................... 180,844 179,438 177,695 0.8 1.0 1.0 182,388 179,219 177,881 158,694 14.9

 Wood products................................... 6,665 6,594 6,573 1.1 0.3 1.2 6,562 6,447 6,331 5,766 13.8

 Nonmetallic mineral products................. 7,046 6,946 6,902 1.4 0.6 0.8 7,067 6,984 6,961 6,153 14.9

 Primary metals.................................... 14,589 14,610 14,556 -0.1 0.4 1.3 14,655 14,610 14,491 12,407 18.1

 Fabricated metal products.......................... 25,768 25,605 25,626 0.6 -0.1 0.3 26,050 25,697 25,634 22,611 15.2

 Machinery.......................................... 36,607 36,040 35,688 1.6 1.0 1.5 36,868 36,141 35,950 30,437 21.1

 Computers and electronic products........ 24,925 24,708 24,273 0.9 1.8 1.8 25,229 24,830 24,471 22,083 14.2

 Electrical equipment, appliances,

 and components............................... 10,857 10,781 10,733 0.7 0.4 1.6 11,157 10,925 10,900 9,312 19.8

 Transportation equipment..................... 40,702 40,609 39,905 0.2 1.8 0.8 40,967 39,982 39,606 37,496 9.3

 Furniture and related products............... 4,867 4,814 4,741 1.1 1.5 0.1 4,874 4,886 4,825 4,033 20.9

 Miscellaneous products......................... 8,818 8,731 8,698 1.0 0.4 -0.7 8,959 8,717 8,712 8,396 6.7

 Nondurable goods industries...................... 113,891 114,863 114,892 -0.8 0.0 2.5 114,822 116,238 115,962 101,984 12.6

 Food products.................................... 24,101 24,041 23,937 0.2 0.4 0.0 23,910 23,834 23,751 22,859 4.6

 Beverage and tobacco products........................ 5,620 5,876 5,826 -4.4 0.9 -0.1 5,361 5,706 5,815 5,742 -6.6

 Textiles.............................................. 1,440 1,404 1,365 2.6 2.9 1.0 1,453 1,408 1,382 1,252 16.1

 Textile products................................... 1,623 1,517 1,506 7.0 0.7 0.7 1,615 1,507 1,498 1,368 18.1

 Apparel............................................. 738 741 717 -0.4 3.3 2.0 768 756 715 645 19.1

 Leather and allied products.................... 373 364 356 2.5 2.2 2.3 387 370 365 310 24.8

 Paper products.................................... 8,790 8,723 8,584 0.8 1.6 1.3 8,871 8,695 8,564 7,999 10.9

 Printing ............................................. 3,329 3,320 3,254 0.3 2.0 -1.7 3,342 3,327 3,229 2,986 11.9

 Petroleum and coal products................. 17,583 18,924 19,557 -7.1 -3.2 15.5 18,676 20,880 20,699 13,925 34.1

 Chemical products................................ 36,489 36,246 35,954 0.7 0.8 0.5 36,540 36,067 36,123 32,364 12.9

 Plastics and rubber products.................. 13,805 13,707 13,836 0.7 -0.9 -0.5 13,899 13,688 13,821 12,534 10.9

WORK IN PROCESS

 All manufacturing industries....................... 226,233 226,187 226,013 0.0 0.1 0.8 227,907 226,673 227,476 214,694 6.2

 Durable goods industries.......................... 171,873 172,322 172,288 -0.3 0.0 0.3 173,007 172,796 173,838 166,678 3.8

 Wood products................................... 2,094 2,086 2,101 0.4 -0.7 -0.3 2,073 2,075 2,085 1,931 7.4

 Nonmetallic mineral products................. 1,481 1,480 1,476 0.1 0.3 -0.1 1,485 1,505 1,521 1,488 -0.2

 Primary metals.................................... 12,339 12,720 12,895 -3.0 -1.4 0.5 12,544 12,881 13,098 12,061 4.0

 Fabricated metal products.......................... 14,791 14,771 14,694 0.1 0.5 1.0 14,921 14,808 14,909 13,803 8.1

 Machinery.......................................... 23,143 23,403 23,306 -1.1 0.4 1.6 22,959 23,616 23,746 19,417 18.2

 Computers and electronic products........ 13,090 13,153 13,317 -0.5 -1.2 -3.2 13,120 13,254 13,663 14,357 -8.6

 Electrical equipment, appliances,

 and components............................... 4,203 4,176 4,215 0.6 -0.9 1.0 4,313 4,260 4,344 3,934 9.6

 Transportation equipment..................... 94,793 94,626 94,369 0.2 0.3 0.3 95,606 94,462 94,512 94,225 1.5

 Furniture and related products............... 1,354 1,347 1,327 0.5 1.5 -0.9 1,342 1,364 1,333 1,277 5.1

 Miscellaneous products......................... 4,585 4,560 4,588 0.5 -0.6 1.7 4,644 4,571 4,627 4,185 11.0

 Nondurable goods industries...................... 54,360 53,865 53,725 0.9 0.3 2.7 54,900 53,877 53,638 48,016 14.3

 Food products.................................... 5,872 5,995 6,041 -2.1 -0.8 -0.7 5,501 5,590 5,615 5,381 2.2

 Beverage and tobacco products........................ 8,991 8,910 8,849 0.9 0.7 0.5 8,616 8,620 8,749 8,423 2.3

 Textiles.............................................. 622 619 615 0.5 0.7 0.5 629 616 621 572 10.0

 Textile products................................... 459 451 453 1.8 -0.4 0.7 461 443 448 414 11.4

 Apparel............................................. 282 281 278 0.4 1.1 1.5 292 293 282 275 6.2

 Leather and allied products.................... 123 120 115 2.5 4.3 0.9 124 119 116 117 6.0

 Paper products.................................... 1,444 1,446 1,453 -0.1 -0.5 0.1 1,475 1,462 1,468 1,394 5.8

 Printing ............................................. 1,270 1,271 1,277 -0.1 -0.5 4.9 1,238 1,208 1,198 1,182 4.7

 Petroleum and coal products................. 15,204 14,881 15,015 2.2 -0.9 8.8 16,162 15,385 15,498 10,535 53.4

 Chemical products................................ 16,580 16,348 16,076 1.4 1.7 0.4 16,918 16,619 16,105 16,331 3.6

 Plastics and rubber products.................. 3,513 3,543 3,553 -0.8 -0.3 1.0 3,484 3,522 3,538 3,392 2.7

FINISHED GOODS

 All manufacturing industries....................... 281,024 281,047 279,603 0.0 0.5 1.4 281,840 280,127 283,160 257,996 9.2

 Durable goods industries.......................... 133,650 133,383 132,987 0.2 0.3 0.5 134,106 132,459 135,530 124,233 7.9

 Wood products................................... 6,029 6,092 6,029 -1.0 1.0 -1.5 5,911 6,024 6,136 5,979 -1.1

 Nonmetallic mineral products................. 7,619 7,553 7,461 0.9 1.2 1.3 7,631 7,614 7,706 6,793 12.3

 Primary metals.................................... 12,164 11,954 11,920 1.8 0.3 1.6 12,052 11,732 12,268 10,498 14.8

 Fabricated metal products.......................... 22,102 22,053 21,918 0.2 0.6 1.1 22,409 22,260 22,499 20,645 8.5

 Machinery.......................................... 24,194 23,826 23,368 1.5 2.0 0.6 23,938 23,570 23,662 21,891 9.4

 Computers and electronic products........ 14,226 14,236 14,168 -0.1 0.5 0.6 14,384 14,067 14,210 13,732 4.7

 Electrical equipment, appliances,

 and components............................... 7,874 7,905 7,865 -0.4 0.5 1.0 7,942 7,903 8,006 7,146 11.1

 Transportation equipment..................... 21,939 22,341 23,014 -1.8 -2.9 -0.9 22,310 21,904 23,653 21,324 4.6

 Furniture and related products............... 3,723 3,686 3,669 1.0 0.5 1.4 3,803 3,754 3,714 3,228 17.8

 Miscellaneous products......................... 13,780 13,737 13,575 0.3 1.2 0.5 13,726 13,631 13,676 12,997 5.6

 Nondurable goods industries...................... 147,374 147,664 146,616 -0.2 0.7 2.2 147,734 147,668 147,630 133,763 10.4

 Food products.................................... 32,797 32,535 32,707 0.8 -0.5 0.7 32,604 31,765 31,847 30,557 6.7

 Beverage and tobacco products........................ 13,642 13,446 13,528 1.5 -0.6 0.7 13,631 13,535 13,903 12,002 13.6

 Textiles.............................................. 1,577 1,561 1,536 1.0 1.6 3.0 1,583 1,553 1,540 1,274 24.3

 Textile products................................... 2,222 2,321 2,313 -4.3 0.3 1.0 2,209 2,304 2,300 2,063 7.1

 Apparel............................................. 1,276 1,270 1,226 0.5 3.6 5.3 1,387 1,350 1,247 1,022 35.7

 Leather and allied products.................... 651 618 577 5.3 7.1 1.4 672 632 596 453 48.3

 Paper products.................................... 6,440 6,381 6,375 0.9 0.1 -0.6 6,532 6,388 6,495 6,303 3.6

 Printing ............................................. 1,838 1,816 1,801 1.2 0.8 0.7 1,820 1,828 1,810 1,793 1.5

 Petroleum and coal products................. 20,487 21,746 21,340 -5.8 1.9 11.7 21,238 22,429 22,112 16,322 30.1

 Chemical products................................ 51,803 51,412 51,125 0.8 0.6 0.2 51,527 51,412 51,552 49,415 4.3

 Plastics and rubber products.................. 14,641 14,558 14,088 0.6 3.3 2.5 14,531 14,472 14,228 12,559 15.7

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. 

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, July Full Report, September 2, 2022. 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 Jul Jun May Apr Jul Jun May Apr

2022p 2022r 2022 2022 2022p 2022r 2022 2022

All manufacturing industries3

.................................... 1.47 1.46 1.46 1.47 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.80 1.80 1.80 1.81 6.04 6.03 5.98 6.05

 Wood products........................................................... 1.16 1.15 1.12 1.12 (X) (X) (X) (X)

 Nonmetallic mineral products............................. 1.28 1.27 1.27 1.27 (X) (X) (X) (X)

 Primary metals............................................................ 1.88 1.84 1.83 1.85 1.47 1.44 1.45 1.49

 Fabricated metal products...................................... 1.68 1.68 1.69 1.69 3.24 3.26 3.28 3.31

 Machinery..................................................................... 2.21 2.21 2.19 2.19 3.84 3.84 3.83 3.83

 Computers and electronic products3

................... 1.80 1.79 1.81 1.82 6.26 6.25 6.34 6.38

 Electrical equipment, appliances,

 and components.................................................... 1.75 1.71 1.70 1.72 3.21 3.11 3.09 3.16

 Transportation equipment..................................... 1.83 1.85 1.85 1.89 12.16 12.37 12.07 12.29

 Furniture and related products............................ 1.61 1.60 1.57 1.57 1.90 1.90 1.88 1.92

 Miscellaneous products.......................................... 1.94 1.93 1.91 1.91 (X) (X) (X) (X)

Nondurable goods industries................................... 1.15 1.13 1.14 1.14 (X) (X) (X) (X)

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

 Beverage and tobacco products........................... 1.72 1.71 1.76 1.80 (X) (X) (X) (X)

 Textiles.......................................................................... 1.58 1.57 1.53 1.49 (X) (X) (X) (X)

 Textile products......................................................... 2.16 2.15 2.11 2.13 (X) (X) (X) (X)

 Apparel........................................................................ 3.16 3.13 3.04 2.82 (X) (X) (X) (X)

 Leather and allied products................................ 2.72 2.61 2.34 2.30 (X) (X) (X) (X)

 Paper products.......................................................... 1.03 1.01 1.00 1.00 (X) (X) (X) (X)

 Printing........................................................................ 0.92 0.92 0.93 0.94 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.81 0.79 0.83 0.81 (X) (X) (X) (X)

 Chemical products................................................... 1.59 1.56 1.56 1.57 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.43 1.42 1.41 1.39 (X) (X) (X) (X)

Jul3 Jul3 Jul3 Jul3

Industry 2021- 2021- 2021- 2021-

Jul2 Jun Jul2 Jun Jul2 Jun Jul2 Jun

2022 2022 2022 2022 2022 2022 2022 2022

All manufacturing industries.................. (X) 0.2 (X) 0.4 (X) 0.1 (X) 0.1

Durable goods industries....................... -0.2 0.1 -0.1 0.5 0.0 0.1 0.1 0.1

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

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

 Primary metals............................................. -0.2 0.4 -0.3 0.7 0.0 0.3 0.1 0.2

 Fabricated metal products.................... -0.1 0.2 0.0 0.4 0.1 0.1 0.1 0.1

 Machinery...................................................... -0.2 0.3 -0.1 0.4 0.0 0.1 0.0 0.3

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

 Electrical equipment, appliances,

 and components..................................... -0.7 0.4 -0.8 0.8 0.0 0.2 -0.4 0.4

 Transportation equipment.................... 0.0 0.4 0.0 1.6 0.0 0.2 0.0 0.1

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

 Miscellaneous products.......................... (X) 0.4 (X) 0.4 (X) 0.4 (X) 0.1

Nondurable goods industries................... (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

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

 Beverage and tobacco products............ (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

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

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

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

 Leather and allied products.................. (X) 0.9 (X) (NA) (X) (NA) (X) 0.7

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

 Printing.......................................................... (X) 0.8 (X) (NA) (X) (NA) (X) 0.4

 Petroleum and coal products............... (X) 1.0 (X) (NA) (X) (NA) (X) 0.6

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

 Plastics and rubber products................ (X) 0.2 (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, July Full Report, September 2, 2022. 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, July Full Report, September 2, 2022. 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