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FOR RELEASE AT 8:30 AM EDT, FRIDAY, MAY 26, 2023 

MONTHLY ADVANCE REPORT ON DURABLE GOODS MANUFACTURERS’ SHIPMENTS, 

INVENTORIES AND ORDERS APRIL 2023 

Release Number: CB 23-70 M3-1 (23)-04 

May 26, 2023 — The U.S. Census Bureau announces the April advance report on durable goods 

manufacturers’ shipments, inventories and orders:

New Orders

New orders for manufactured durable goods in April, up two consecutive months, increased $3.1 billion or 

1.1 percent to $283.0 billion, the U.S. Census Bureau announced today. This followed a 3.3 percent March

increase. Excluding transportation, new orders decreased 0.2 percent. Excluding defense, new orders

decreased 0.6 percent. Transportation equipment, also up two consecutive months, drove the increase, 

$3.5 billion or 3.7 percent to $97.6 billion.

Shipments

Shipments of manufactured durable goods in April, down two of the last three months, decreased $2.0 

billion or 0.7 percent to $277.7 billion. This followed a 0.7 percent March increase. Transportation 

equipment, down three of the last four months, led the decrease, $1.6 billion or 1.8 percent to $87.5

billion.

DURABLE GOODS – NEW ORDERS

APRIL 2023 $283.0 billion +1.1%°

 MARCH 2023

(revised) $279.9 billion +3.3%°

Next release: June 27, 2023 

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, May 26, 

2023.

0.7%

1.6%

-0.8%

-0.1%

0.3%

1.0%

-3.1%

4.5%

-1.3%

-2.7%

3.3%

1.1%

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

May-22 Jul-22 Sep-22 Nov-22 Jan-23 Mar-23

DURABLE GOODS NEW ORDERS 2022-2023

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, May 26, 2023.
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Unfilled Orders

Unfilled orders for manufactured durable goods in April, up four of the last five months, increased $10.5

billion or 0.8 percent to $1,291.5 billion. This followed a 0.4 percent March increase. Transportation 

equipment, also up four of the last five months, led the increase, $10.2 billion or 1.3 percent to $792.2

billion.

Inventories

Inventories of manufactured durable goods in April, up four of the last five months, increased $5.2 billion 

or 1.0 percent to $521.9 billion. This followed a 1.0 percent March decrease. Transportation equipment, 

up three of the last four months, led the increase, $5.0 billion or 3.2 percent to $164.1 billion. 

Capital Goods

Nondefense new orders for capital goods in April decreased $0.4 billion or 0.5 percent to $84.9 billion. 

Shipments decreased $1.5 billion or 1.8 percent to $80.1 billion. Unfilled orders increased $4.8 billion or 

0.6 percent to $740.1 billion. Inventories increased $5.0 billion or 2.3 percent to $225.7 billion. Defense 

new orders for capital goods in April increased $4.9 billion or 36.1 percent to $18.7 billion. Shipments

increased $0.5 billion or 4.1 percent to $13.4 billion. Unfilled orders increased $5.3 billion or 2.6 percent

to $210.8 billion. Inventories increased $0.1 billion or 0.6 percent to $24.0 billion.

Revised and Recently Benchmarked March Data

Revised seasonally adjusted March figures for all manufacturing industries were: new orders, $575.0

billion (revised from $573.8 billion); shipments, $574.8 billion (revised from $575.0 billion); unfilled orders, 

$1,281.0 billion (revised from $1,279.7 billion) and total inventories, $852.6 billion (revised from $853.7

billion).

Revised and more detailed estimates, plus nondurable goods data, will be published on June 5, 2023, at

10:00 a.m. EDT. The Advance Report on durable goods for May is scheduled for release on June 27, 2023, 

at 8:30 a.m. EDT. View the full schedule in the Economic Briefing Room: <www.census.gov/economicindicators/>. 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.
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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. 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>.
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Benchmark notice

Revised historical data from the Manufacturers’ Shipments, Inventories, and Orders (M3) were issued on 

May 12, 2023. These revisions resulted from

• Benchmarking the M3 shipments and inventories data to the 2021 and 2020 Annual Survey of 

Manufactures (ASM) data; 

• Incorporating the unfilled orders to shipments ratios obtained for 2021, 2020, and 2019 from the 

Manufacturers’ Unfilled Orders (M3UFO) Survey;

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

orders data;

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

previously reported data;

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

review of the seasonal adjustment models. 

These revisions spanned the seasonally adjusted data for January 2012 through March 2023 and the data 

not seasonally adjusted for January 2017 through March 2023. An updated Press Release contains revised 

monthly tables for January 2023 through March 2023.

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. Durable Goods Manufacturers' Shipments and New Orders 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 Year to Date

Item Percent

Apr Mar Feb Mar - Feb - Jan - Apr Mar Apr Change

2023 2 2023 r 2023 Apr 2 Mar r Feb 2023 2 2023 r 2022 2023 2022 2023/2022

DURABLE GOODS

 Total:

 Shipments................................ 277,685 279,675 277,684 -0.7 0.7 -0.5 267,151 306,708 265,665 1,086,299 1,041,419 4.3

 New Orders4.............................. 283,018 279,888 270,825 1.1 3.3 -2.7 272,806 312,538 265,210 1,096,981 1,069,199 2.6

 Excluding transportation:

 Shipments................................ 190,202 190,606 190,888 -0.2 -0.1 -0.3 184,393 203,955 186,366 741,420 729,116 1.7

 New Orders4.............................. 185,378 185,718 185,106 -0.2 0.3 0.1 181,875 202,501 185,561 733,949 731,453 0.3

 Excluding defense:

 Shipments................................ 261,985 264,583 262,511 -1.0 0.8 -0.4 252,274 289,950 252,410 1,027,337 987,071 4.1

 New Orders4.............................. 261,916 263,557 255,407 -0.6 3.2 -2.3 252,311 291,991 253,690 1,028,194 1,016,555 1.1

 Manufacturing with unfilled orders:

 Shipments................................ 192,505 194,083 192,131 -0.8 1.0 -0.2 185,249 213,275 182,950 753,440 722,146 4.3

 New Orders.............................. 203,007 199,538 190,665 1.7 4.7 -3.4 195,330 223,668 186,981 784,219 769,086 2.0

 Primary metals:

 Shipments................................ 26,621 26,800 26,787 -0.7 0.0 -0.3 26,484 29,219 27,974 107,835 108,744 -0.8

 New Orders.............................. 26,706 26,848 26,708 -0.5 0.5 0.6 26,347 29,408 27,901 108,865 111,447 -2.3

 Fabricated metal products:

 Shipments................................ 35,291 35,378 35,329 -0.2 0.1 0.1 34,652 37,437 35,532 138,292 139,292 -0.7

 New Orders.............................. 35,305 35,306 35,056 0.0 0.7 0.3 35,675 39,112 36,923 142,522 145,376 -2.0

 Machinery:

 Shipments................................ 37,562 37,253 37,410 0.8 -0.4 0.1 36,657 41,317 36,167 147,181 142,143 3.5

 New Orders.............................. 37,521 37,141 37,201 1.0 -0.2 -0.1 37,061 40,955 37,467 150,782 149,217 1.0

 Computers and electronic products4:

 Shipments................................ 29,150 29,233 29,423 -0.3 -0.6 0.0 26,405 30,932 25,947 110,744 107,069 3.4

 New Orders.............................. 24,087 24,418 23,976 -1.4 1.8 0.5 22,130 27,777 21,610 92,066 89,929 2.4

 Computers and related products:

 Shipments................................ 2,054 1,995 1,928 3.0 3.5 -0.9 1,795 2,151 1,444 7,196 5,839 23.2

 New Orders.............................. 2,048 2,012 1,922 1.8 4.7 -2.2 1,789 2,168 1,441 7,222 5,821 24.1

 

 Communications equipment:

 Shipments................................ 3,067 3,088 3,156 -0.7 -2.2 0.5 2,662 3,597 2,718 11,359 11,172 1.7

 New Orders.............................. 2,966 2,980 3,098 -0.5 -3.8 -1.4 2,506 3,577 2,776 11,170 11,557 -3.3

 Electrical equipment, appliances, 

 and components: 

 Shipments................................ 13,970 14,081 13,946 -0.8 1.0 -1.2 13,438 15,464 12,591 54,026 49,339 9.5

 New Orders.............................. 14,061 14,208 14,165 -1.0 0.3 1.4 13,596 15,573 13,440 55,549 52,289 6.2

 Transportation equipment: 

 Shipments................................ 87,483 89,069 86,796 -1.8 2.6 -0.9 82,758 102,753 79,299 344,879 312,303 10.4

 New Orders.............................. 97,640 94,170 85,719 3.7 9.9 -8.3 90,931 110,037 79,649 363,032 337,746 7.5

 Motor vehicles and parts:

 Shipments................................ 61,070 61,265 61,127 -0.3 0.2 -0.5 58,365 70,506 57,671 243,642 225,845 7.9

 New Orders.............................. 61,314 61,360 61,461 -0.1 -0.2 0.0 58,068 70,277 57,315 244,726 226,990 7.8

 

 Nondefense aircraft and parts:

 Shipments................................ 10,532 12,513 10,205 -15.8 22.6 -1.8 9,355 15,274 8,114 41,273 31,893 29.4

 New Orders.............................. 15,378 16,777 8,560 -8.3 96.0 -42.0 12,514 20,211 10,818 49,853 57,902 -13.9

 Defense aircraft and parts:

 Shipments................................ 4,925 4,666 4,681 5.6 -0.3 -3.8 4,473 5,177 4,060 17,898 16,896 5.9

 New Orders.............................. 7,746 5,836 4,598 32.7 26.9 -12.9 7,415 6,681 3,278 22,622 14,502 56.0

 All other durable goods: 

 Shipments................................ 47,608 47,861 47,993 -0.5 -0.3 -0.8 46,757 49,586 48,155 183,342 182,529 0.4

 New Orders.............................. 47,698 47,797 48,000 -0.2 -0.4 -0.7 47,066 49,676 48,220 184,165 183,195 0.5

 Capital goods3:

 Shipments................................ 93,518 94,472 92,516 -1.0 2.1 -0.8 88,578 105,757 84,644 361,524 337,738 7.0

 New Orders.............................. 103,523 98,998 90,496 4.6 9.4 -8.5 98,241 113,508 87,550 383,700 373,446 2.7

 Nondefense capital goods:

 Shipments................................ 80,099 81,580 79,537 -1.8 2.6 -0.7 75,737 91,437 73,193 310,749 290,758 6.9

 New Orders.............................. 84,852 85,276 77,659 -0.5 9.8 -8.1 79,751 95,869 77,751 324,436 327,557 -1.0

 Excluding aircraft:

 Shipments........................... 73,860 73,470 73,623 0.5 -0.2 -0.3 70,395 81,044 68,662 286,572 273,367 4.8

 New Orders.......................... 74,038 73,025 73,468 1.4 -0.6 -0.2 71,130 80,632 70,347 291,796 283,988 2.7

 Defense capital goods:

 Shipments................................ 13,419 12,892 12,979 4.1 -0.7 -1.5 12,841 14,320 11,451 50,775 46,980 8.1

 New Orders.............................. 18,671 13,722 12,837 36.1 6.9 -10.6 18,490 17,639 9,799 59,264 45,889 29.1

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 Based on advance sample. 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. 

3 The Capital Goods Industries include Nondefense : 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. Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space 

vehicles, and parts, ships and boats, and search and navigation equipment. 

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

orders exclude semiconductor industry data. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, April Advance Report, May 26, 2023. 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. Durable Goods Manufacturers' Unfilled Orders and Total Inventories 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 Percent

Item Change

Apr Mar Feb Mar - Feb - Jan - Apr Mar Apr 2023/

2023 2 2023 r 2023 Apr 2 Mar r Feb 2023 2 2023 2 2022 2022

DURABLE GOODS

 Total:

 Unfilled Orders4......................... 1,291,479 1,280,977 1,275,522 0.8 0.4 -0.1 1,301,075 1,290,994 1,236,294 5.2

 Total Inventories....................... 521,889 516,700 521,701 1.0 -1.0 0.1 524,789 517,083 511,642 2.6

 Excluding transportation:

 Unfilled Orders4......................... 499,231 498,886 498,532 0.1 0.1 -0.1 505,010 503,102 503,621 0.3

 Total Inventories....................... 357,761 357,617 357,753 0.0 0.0 0.0 360,307 358,787 348,970 3.2

 Excluding defense:

 Unfilled Orders4........................... 1,050,405 1,045,305 1,041,089 0.5 0.4 -0.2 1,056,522 1,052,059 1,010,255 4.6

 Total Inventories....................... 492,715 487,664 492,710 1.0 -1.0 0.1 495,532 488,066 483,514 2.5

 Manufacturing with unfilled orders:

 Unfilled Orders......................... 1,291,479 1,280,977 1,275,522 0.8 0.4 -0.1 1,301,075 1,290,994 1,236,294 5.2

 Total Inventories....................... 421,964 416,912 421,487 1.2 -1.1 0.0 424,499 417,259 413,177 2.7

 Primary metals:

 Unfilled Orders......................... 37,922 37,837 37,789 0.2 0.1 -0.2 38,796 38,933 40,718 -4.7

 Total Inventories....................... 46,644 46,603 46,817 0.1 -0.5 -0.1 47,272 46,639 47,991 -1.5

 Fabricated metal products:

 Unfilled Orders......................... 129,168 129,154 129,226 0.0 -0.1 -0.2 130,654 129,631 132,549 -1.4

 Total Inventories....................... 64,595 64,679 64,720 -0.1 -0.1 -0.3 65,243 64,946 65,041 0.3

 Machinery: 

 Unfilled Orders......................... 140,307 140,348 140,460 0.0 -0.1 -0.1 141,958 141,554 138,735 2.3

 Total Inventories....................... 94,015 93,760 93,585 0.3 0.2 0.4 94,317 94,822 86,254 9.3

 Computers and electronic products4:

 Unfilled Orders......................... 134,694 134,588 134,161 0.1 0.3 0.0 135,809 135,658 134,678 0.8

 Total Inventories....................... 55,064 55,228 55,354 -0.3 -0.2 -0.2 55,348 54,512 54,444 1.7

 Computers and related products:

 Unfilled Orders......................... 1,309 1,315 1,298 -0.5 1.3 -0.5 1,309 1,315 1,309 0.0

 Total Inventories....................... 3,711 3,668 3,609 1.2 1.6 -1.3 3,618 3,481 3,600 0.5

 

 Communications equipment:

 Unfilled Orders......................... 17,389 17,490 17,598 -0.6 -0.6 -0.3 17,604 17,760 18,230 -3.4

 Total Inventories....................... 5,018 5,019 5,038 0.0 -0.4 -0.7 5,103 4,912 4,971 2.7

 Electrical equipment, appliances, 

 and components: 

 Unfilled Orders......................... 43,547 43,456 43,329 0.2 0.3 0.5 43,938 43,780 42,427 3.6

 Total Inventories....................... 26,146 26,076 25,875 0.3 0.8 0.4 26,483 26,294 24,891 6.4

 Transportation equipment: 

 Unfilled Orders......................... 792,248 782,091 776,990 1.3 0.7 -0.1 796,065 787,892 732,673 8.7

 Total Inventories....................... 164,128 159,083 163,948 3.2 -3.0 0.2 164,482 158,296 162,672 1.1

 Motor vehicles and parts:

 Unfilled Orders......................... 35,335 35,091 34,996 0.7 0.3 1.0 36,025 36,322 37,050 -2.8

 Total Inventories....................... 53,469 53,190 53,694 0.5 -0.9 0.3 53,898 52,882 53,318 1.1

 

 Nondefense Aircraft and parts:

 Unfilled Orders......................... 539,255 534,409 530,145 0.9 0.8 -0.3 539,295 536,136 492,571 9.5

 Total Inventories....................... 77,883 73,224 77,756 6.4 -5.8 0.2 77,800 72,793 78,295 -0.6

 Defense Aircraft and parts: 

 Unfilled Orders......................... 70,861 68,040 66,870 4.1 1.7 -0.1 72,026 69,084 63,414 13.6

 Total Inventories....................... 14,077 14,052 13,924 0.2 0.9 -0.4 14,116 13,986 13,858 1.9

 All other durable goods: 

 Unfilled Orders......................... 13,593 13,503 13,567 0.7 -0.5 0.1 13,855 13,546 14,514 -4.5

 Total Inventories....................... 71,297 71,271 71,402 0.0 -0.2 -0.1 71,644 71,574 70,349 1.8

 Capital goods3:

 Unfilled Orders......................... 950,923 940,918 936,392 1.1 0.5 -0.2 956,062 946,399 894,737 6.9

 Total Inventories....................... 249,703 244,523 248,587 2.1 -1.6 0.2 249,828 244,223 239,310 4.4

 Nondefense capital goods:

 Unfilled Orders......................... 740,149 735,396 731,700 0.6 0.5 -0.3 742,331 738,317 692,504 7.2

 Total Inventories....................... 225,695 220,661 224,752 2.3 -1.8 0.2 225,776 220,314 216,283 4.4

 Excluding aircraft: 

 Unfilled Orders.................... 273,568 273,390 273,835 0.1 -0.2 -0.1 275,904 275,169 273,299 1.0

 Total Inventories................... 161,502 161,186 160,766 0.2 0.3 0.3 161,835 161,301 151,550 6.8

 Defense capital goods:

 Unfilled Orders......................... 210,774 205,522 204,692 2.6 0.4 -0.1 213,731 208,082 202,233 5.7

 Total Inventories....................... 24,008 23,862 23,835 0.6 0.1 -0.1 24,052 23,909 23,027 4.5

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

 Based on advance sample. 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. 

3

 The Capital Goods Industries include Nondefense : 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. Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space vehicles, and parts, ships and boats, and search and navigation 

equipment. 

4

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

percent changes for new orders and unfilled orders exclude semiconductor industry data. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) 

approval number: CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, April Advance Report, May 26, 2023. 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>.