Manufacturers' Shipments,

 Inventories, and Orders: February 2004 Issued March 2004

 M3-1(04)-02

 For Wire Transmission 10:00 a.m. E.S.T., March 31, 2004 Current 

 Industrial

 Reports

For data, call 301-763-4673. For inquiries, contact Derrick Roy or Patrick Kent, Manufacturers' Shipments, Inventories and Orders Branch, Manufacturing and 

Construction Divison (MCD), Washington, DC 20233-6900 or call 301-763-4832.

The advance report on durable goods for March is scheduled for April 23, 2004 at 8:30 a.m. and the full report on May 4, 2004 at 10:00 a.m. 

For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington DC, 20402 

Our Internet address is : http://www.census.gov/m3

Total Manufacturing Shipments

and Three Month Moving Average

300

320

340

360

380

Feb-02Apr-02

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03Apr-03

Jun-03

Aug-03

Oct-03

Dec-03

Feb-04

300

320

340

360

380

 Shipments Average

Billions Of Dollars

Total Manufacturing Inventories

and Three Month Moving Average

420

440

460

480

500

Feb-02Apr-02

Jun-02

Aug-02

Oct-02

Dec-02

Feb-03Apr-03

Jun-03

Aug-03

Oct-03

Dec-03

Feb-04

420

440

460

480

500

 Inventories Average

Billions Of Dollars
 2

Figures in text, other than year-to-date, are in seasonally adjusted current dollars. Figures on new and unfilled orders exclude data

for semiconductor manufacturing.

Summary

New orders for manufactured goods in February

increased $1.1 billion or 0.3 percent to $343.0 billion, the

Department of Commerce, Census Bureau reported today. 

This followed a 0.9 percent January decrease.

Shipments decreased $1.7 billion or 0.5 percent to

$346.8 billion. This followed a slight January decrease.

Unfilled orders, up six of the last seven months,

increased $2.9 billion or 0.6 percent to $509.0 billion. 

This followed a slight January decrease. The unfilled

orders-to-shipments ratio was 4.00, up from 3.99 in

January.

Inventories, up four of the last five months, increased

$2.3 billion or 0.5 percent to $442.4 billion. This

followed a 0.3 percent January increase. The inventoriesto-shipments ratio was 1.28, up from 1.26 in January.

New Orders

New orders for manufactured durable goods in

February increased $4.4 billion or 2.5 percent to $183.9

billion, revised from the previously published $4.5 billion

increase.

Transportation equipment had the largest increase, $4.8

billion or 9.6 percent to $54.3 billion. This was the

largest percent increase in transportation equipment since

July 2002.

New orders for manufactured nondurable goods, down

following five consecutive increases, decreased $3.3

billion or 2.0 percent to $159.1 billion.

Shipments

Shipments of manufactured durable goods in February,

up five of the last six months, increased $1.6 billion or 0.9

percent to $187.8 billion, revised from the previously

published $1.4 billion increase.

Transportation equipment had the largest increase, $3.4

billion or 6.6 percent to $54.9 billion. This was the

largest percent increase in transportation equipment since

April 2002.

Shipments of manufactured nondurable goods, down

following five consecutive increases, decreased $3.3

billion or 2.0 percent to $159.1 billion. Decreases in

nondurable goods industries were widespread. 

Petroleum and coal products, down following three

consecutive increases, had the largest decrease, $0.8

billion or 3.3 percent to $24.2 billion.

Unfilled Orders

Unfilled orders of manufactured durable goods in

February, up six of the last seven months, increased

$2.9 billion or 0.6 percent to $509.0 billion, revised

from the previously published $2.8 billion increase.

Machinery, up seven consecutive months, had the

largest increase, $1.1 billion or 2.4 percent to $45.3

billion.

Inventories

Inventories of manufactured durable goods in

February, up four of the last five months, increased $1.1

billion or 0.4 percent to $264.3 billion, revised from the

previously published $1.2 billion increase.

Transportation equipment, up four of the last five

months, had the largest increase, $0.3 billion or 0.5

percent to $68.2 billion.

Inventories of manufactured nondurable goods, up

three of the last four months, increased $1.3 billion or

0.7 percent to $178.0 billion. Basic chemicals, up four

of the last five months, had the largest increase, $0.8

billion or 1.6 percent to $54.1 billion.

By stage of fabrication, February materials and

supplies increased 0.6 percent in durable goods and 1.3

percent in nondurable goods. Work in process

increased 0.5 percent in durable goods and 1.2 percent

in nondurable goods. Finished goods increased 0.1

percent in durable goods and 0.2 percent in nondurable

goods.

SEE BACK PAGE FOR SURVEY DESCRIPTION

Our internet address is: http://www.census.gov/m3

For data, call 301-763-4673. For inquiries, contact Derrick Roy or Patrick Kent, Manufacturers’ Shipments, Inventories, and Orders Branch,

Manufacturing and Construction Division (MCD), Washington, DC 20233-6900, or call 301-763-4832.

The advance report on durable goods for March is scheduled for April 23, 2004 at 8:30 A.M. EDT and the full report on May 4, 2004 at 10:00

A.M. EDT. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. 
 3 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2004/

2004p 2004r 2003 Feb. Jan. Dec. 2004p 2004r 2003 2003 2004p 2003 2003

 All manufacturing industries .................. 346,813 348,477 348,485 -0.5 0.0 2.1 339,818 318,434 345,976 312,516 658,252 614,292 7.2

 Excluding transportation ................... 291,906 296,962 295,442 -1.7 0.5 2.5 283,528 271,936 295,181 261,206 555,464 515,609 7.7

 Excluding defense .............................. 335,926 339,071 339,165 -0.9 0.0 2.0 329,212 310,668 335,226 304,403 639,880 599,134 6.8

 With unfilled orders ........................... 127,111 127,015 126,597 0.1 0.3 1.9 124,402 113,001 129,448 114,331 237,403 221,565 7.1

 Durable goods industries ........................ 187,750 186,115 187,978 0.9 -1.0 2.1 184,328 166,170 189,282 167,845 350,498 326,894 7.2

 Wood products................................. ...... 8,241 8,182 8,319 0.7 -1.6 -3.0 7,735 6,982 7,558 6,433 14,717 12,676 16.1

 Nonmetallic mineral products................... 7,030 7,137 7,316 -1.5 -2.4 2.4 6,373 6,358 6,294 6,353 12,731 13,005 -2.1

 Primary metals............................ .......... 11,917 11,809 11,564 0.9 2.1 4.5 12,244 11,548 10,278 10,829 23,792 22,060 7.9

 Iron and steel mills............................ 5,260 5,247 5,202 0.2 0.9 5.6 5,401 5,110 4,660 4,945 10,511 10,100 4.1

 Aluminum and nonferrous metals......... 5,309 5,227 5,019 1.6 4.1 3.7 5,471 5,182 4,439 4,602 10,653 9,425 13.0

 Ferrous metal foundries...................... 1,348 1,335 1,343 1.0 -0.6 3.1 1,372 1,256 1,179 1,282 2,628 2,535 3.7

 Fabricated metal products...................... 20,573 20,930 21,049 -1.7 -0.6 3.1 20,317 19,226 19,569 19,871 39,543 39,070 1.2

 Machinery............................................. 21,941 22,654 22,776 -3.1 -0.5 7.1 21,089 19,872 22,509 19,773 40,961 38,003 7.8

 Farm machinery................................. 1,492 1,508 1,533 -1.1 -1.6 10.1 1,658 1,361 1,270 1,575 3,019 2,809 7.5

 Construction machinery..................... 2,087 2,121 1,968 -1.6 7.8 2.4 2,095 1,833 1,832 1,561 3,928 2,975 32.0

 Mining, oil field, and 

 gas field machinery......................... 738 778 776 -5.1 0.3 6.7 740 740 881 656 1,480 1,266 16.9

 Industrial machinery.......................... 2,638 2,918 2,877 -9.6 1.4 9.4 2,378 2,651 3,303 2,584 5,029 5,130 -2.0

 Photographic equipment...................... 886 899 926 -1.4 -2.9 3.3 787 736 1,007 667 1,523 1,348 13.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,574 2,581 3,151 -0.3 -18.1 23.6 2,298 2,162 2,982 2,202 4,460 4,282 4.2

 Metalworking machinery..................... 1,927 2,105 2,007 -8.5 4.9 41.6 1,685 1,673 1,930 1,655 3,358 3,168 6.0

 Turbines, generators, and other

 power transmission equipment....... 2,891 3,001 2,715 -3.7 10.5 -2.9 2,867 2,642 2,707 2,608 5,509 4,905 12.3

 Material handling equipment............... 1,375 1,404 1,447 -2.1 -3.0 2.6 1,344 1,374 1,467 1,265 2,718 2,580 5.3

 Computers and electronic products ......... 37,549 37,908 37,463 -0.9 1.2 3.1 35,324 32,428 45,005 29,846 67,752 57,656 17.5

 Computers........................................ 5,303 5,689 5,100 -6.8 11.5 -5.5 4,441 5,435 5,880 3,478 9,876 7,832 26.1

 Computer storage devices................... 1,180 1,174 1,829 0.5 -35.8 54.0 902 801 2,984 814 1,703 1,578 7.9

 Other peripheral equipment................ 1,586 1,533 1,553 3.5 -1.3 -2.3 1,348 1,108 2,226 1,314 2,456 2,458 -0.1

 Nondefense communications

 equipment.................................... 6,420 6,499 6,302 -1.2 3.1 1.4 5,920 5,199 8,436 4,961 11,119 9,364 18.7

 Defense communications equipment... 496 587 455 -15.5 29.0 1.3 479 533 471 362 1,012 703 44.0

 Audio and video equipment.................. 606 662 726 -8.5 -8.8 0.4 562 566 810 634 1,128 1,232 -8.4

 Semiconductors ................................. 6,676 6,495 6,046 2.8 7.4 -3.9 6,876 5,961 6,370 5,639 12,837 10,775 19.1

 Electronic components........................ 4,515 4,555 4,463 -0.9 2.1 3.6 4,434 3,965 4,859 3,962 8,399 7,556 11.2

 Nondefense search and navigation

 equipment..................................... 888 885 939 0.3 -5.8 21.0 873 749 1,019 806 1,622 1,481 9.5

 Defense search and navigation

 equipment..................................... 2,636 2,489 2,544 5.9 -2.2 -0.9 2,579 2,044 3,052 2,165 4,623 4,038 14.5

 Electromedical, measuring,

 and control instruments................. 6,728 6,801 6,940 -1.1 -2.0 10.4 6,420 5,574 8,345 5,257 11,994 9,797 22.4

 Electrical equipment, appliances, 

 and components................................... 8,430 8,543 8,627 -1.3 -1.0 0.0 8,020 7,353 9,057 7,835 15,373 15,273 0.7

 Electric lighting equipment................... 1,037 1,026 1,045 1.1 -1.8 -1.3 1,040 892 1,215 1,040 1,932 1,984 -2.6

 Household appliances........................ 1,965 1,973 2,125 -0.4 -7.2 0.9 1,851 1,604 2,300 1,760 3,455 3,324 3.9

 Electrical equipment............................ 2,523 2,517 2,487 0.2 1.2 1.2 2,348 2,128 2,667 2,267 4,476 4,416 1.4

 Batteries........................................... 486 525 470 -7.4 11.7 -3.9 411 430 482 387 841 767 9.6

 Transportation equipment...................... 54,907 51,515 53,043 6.6 -2.9 -0.4 56,290 46,498 50,795 51,310 102,788 98,683 4.2

 Automobiles..................................... 7,675 7,171 7,532 7.0 -4.8 4.4 8,026 6,830 6,730 7,253 14,856 14,569 2.0

 Light trucks and utility vehicles............ 11,769 10,659 11,512 10.4 -7.4 2.5 12,395 10,106 10,309 10,658 22,501 21,321 5.5

 Heavy duty trucks ............................. 1,123 1,165 1,194 -3.6 -2.4 5.9 1,075 1,047 1,043 961 2,122 1,891 12.2

 Motor vehicle bodies, parts, 

 and trailers.................................... 17,897 17,949 18,195 -0.3 -1.4 1.0 18,767 16,979 15,928 18,278 35,746 36,145 -1.1

 Nondefense aircraft and parts.............. 5,584 5,200 5,322 7.4 -2.3 -9.2 5,609 3,921 6,534 5,909 9,530 9,465 0.7

 Defense aircraft and parts.................. 4,856 3,528 3,486 37.6 1.2 15.6 4,466 2,910 4,153 2,801 7,376 5,367 37.4

 Ships and boats................................. 2,216 2,197 2,204 0.9 -0.3 -5.1 2,370 1,738 2,076 2,167 4,108 3,774 8.9

 Furniture and related products................. 5,983 6,176 5,939 -3.1 4.0 -1.4 6,155 5,881 5,673 5,658 12,036 11,151 7.9

 Miscellaneous durable goods................. 11,179 11,261 11,882 -0.7 -5.2 4.6 10,781 10,024 12,544 9,937 20,805 19,317 7.7

 Nondurable goods industries................... 159,063 162,362 160,507 -2.0 1.2 2.0 155,490 152,264 156,694 144,671 307,754 287,398 7.1

 Food products....................................... 38,109 38,629 38,565 -1.3 0.2 -0.5 37,720 36,740 39,508 36,264 74,460 72,220 3.1

 Grain and oilseed milling..................... 3,292 3,462 3,464 -4.9 -0.1 -20.3 3,466 3,416 3,398 4,133 6,882 8,041 -14.4

 Dairy products.................................. 5,746 5,759 5,775 -0.2 -0.3 0.6 5,493 5,562 5,843 4,796 11,055 9,810 12.7

 Meat, poultry, and seafood products... 11,242 11,270 11,277 -0.2 -0.1 2.1 11,343 10,706 11,136 10,935 22,049 21,479 2.7

 Beverage and tobacco products............... 8,498 8,526 8,730 -0.3 -2.3 1.5 8,023 7,828 8,454 7,948 15,851 15,818 0.2

 Beverages......................................... 5,737 5,962 5,753 -3.8 3.6 0.7 5,262 5,264 5,477 5,168 10,526 10,117 4.0

 Tobacco............................................ 2,761 2,564 2,977 7.7 -13.9 3.0 2,761 2,564 2,977 2,780 5,325 5,701 -6.6

 Textile mills........................................... 3,375 3,413 3,314 -1.1 3.0 -0.3 3,446 3,078 3,011 3,383 6,524 6,540 -0.2

 Textile products................................... 3,187 3,297 3,290 -3.3 0.2 6.5 3,160 2,842 2,968 2,726 6,002 5,116 17.3

 Apparel................................................ 4,545 4,570 4,632 -0.5 -1.3 2.3 4,668 4,163 3,997 4,485 8,831 8,583 2.9

 Leather and allied products..................... 845 861 891 -1.9 -3.4 -3.2 896 740 932 987 1,636 1,746 -6.3

 Paper products...................................... 13,383 14,097 13,644 -5.1 3.3 2.2 13,397 13,645 13,448 12,616 27,042 25,427 6.4

 Pulp, paper, and paperboard mills....... 5,689 5,775 5,641 -1.5 2.4 1.6 5,696 5,664 5,495 5,545 11,360 11,361 0.0

 Paperboard containers........................ 3,493 3,704 3,679 -5.7 0.7 1.7 3,471 3,546 3,471 3,507 7,017 7,084 -0.9

 Printing................................................. 7,780 7,814 7,891 -0.4 -1.0 1.5 7,381 7,267 8,145 7,602 14,648 15,130 -3.2

 Petroleum and coal products.................. 24,219 25,048 23,778 -3.3 5.3 7.3 22,743 22,722 22,523 18,557 45,465 37,030 22.8

 Petroleum refineries.......................... 22,304 23,044 21,817 -3.2 5.6 7.5 21,172 21,274 21,002 17,277 42,446 34,552 22.8

 Basic chemicals...................................... 39,401 39,931 39,573 -1.3 0.9 0.9 38,617 38,115 38,978 35,524 76,732 70,860 8.3

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 1,623 1,591 1,657 2.0 -4.0 -11.3 1,522 1,387 1,464 1,409 2,909 2,755 5.6

 Pharmaceuticals and medicines............ 9,204 9,459 8,989 -2.7 5.2 -5.9 8,971 9,403 9,365 9,038 18,374 18,735 -1.9

 Paints, coatings, and adhesives.......... 2,266 2,298 2,347 -1.4 -2.1 -1.8 2,173 2,063 2,049 2,193 4,236 4,335 -2.3

 Plastics and rubber products.................. 15,721 16,176 16,199 -2.8 -0.1 3.6 15,439 15,124 14,730 14,579 30,563 28,928 5.7

p Preliminary r

 Revised NA Not available.

1

 Shipments are the totals for the period and are adjusted for trading-day and calendar-month variations.

See note at end of Table 2 relating to survey error and revision.

Year to date
 4

Table 2. Value of Manufacturers' New Orders for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2004/

2004p 2004r 2003 Feb. Jan. Dec. 2004p 2004r 2003 2003 2004p 2003 2003

All manufacturing industries 2................... 342,997 341,868 344,868 0.3 -0.9 1.8 339,152 319,858 346,693 309,893 659,010 612,406 7.6

 Excluding transportation 2

................... 288,673 292,309 289,611 -1.2 0.9 1.9 283,674 271,739 288,749 258,391 555,413 511,819 8.5

 Excluding defense 2

............................. 331,803 332,141 334,115 -0.1 -0.6 1.9 328,008 309,392 329,995 299,562 637,400 594,010 7.3

 With unfilled orders 2

.......................... 129,971 126,901 129,026 2.4 -1.6 1.0 130,612 120,386 136,535 117,347 250,998 230,454 8.9

 Durable goods industries 2........................ 183,934 179,506 184,361 2.5 -2.6 1.7 183,662 167,594 189,999 165,222 351,256 325,008 8.1

 Primary metals............................ ............ 12,361 12,173 11,655 1.5 4.4 -1.3 13,419 12,487 10,737 11,179 25,906 22,844 13.4

 Iron and steel mills.............................. 5,456 5,314 5,204 2.7 2.1 -6.3 6,076 5,412 4,948 5,271 11,488 10,465 9.8

 Aluminum and nonferrous metals......... 5,496 5,478 5,128 0.3 6.8 3.9 5,866 5,686 4,609 4,576 11,552 9,695 19.2

 Ferrous metal foundries...................... 1,409 1,381 1,323 2.0 4.4 0.2 1,477 1,389 1,180 1,332 2,866 2,684 6.8

 Fabricated metal products...................... 21,299 22,050 21,864 -3.4 0.9 3.7 21,529 21,065 19,699 19,838 42,594 39,120 8.9

 Machinery............................................. 23,023 22,935 24,020 0.4 -4.5 7.9 22,820 21,383 23,142 20,016 44,203 39,110 13.0

 Construction machinery....................... 2,893 2,239 2,062 29.2 8.6 -9.3 3,055 2,156 2,029 1,558 5,211 3,048 71.0

 Mining, oil field, and

 gas field machinery......................... 853 793 721 7.6 10.0 -14.2 855 755 826 592 1,610 1,196 34.6

 Industrial machinery............................ 2,792 3,191 3,044 -12.5 4.8 16.5 2,672 3,368 3,111 2,194 6,040 5,767 4.7

 Photographic equipment...................... 924 912 969 1.3 -5.9 5.0 839 754 1,015 759 1,593 1,451 9.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,694 2,443 3,069 10.3 -20.4 23.0 2,483 2,197 2,821 2,299 4,680 4,467 4.8

 Metalworking machinery....................... 1,942 2,196 2,105 -11.6 4.3 38.6 1,767 1,853 1,888 1,729 3,620 3,249 11.4

 Turbines, generators, and other 

 power transmission equipment.......... 2,740 2,956 3,643 -7.3 -18.9 16.1 2,709 2,728 3,634 2,628 5,437 4,574 18.9

 Material handling equipment............... 1,374 1,383 1,528 -0.7 -9.5 3.9 1,414 1,326 1,645 1,411 2,740 2,508 9.3

 Computers and electronic products 2...... 31,703 31,199 29,948 1.6 4.2 1.6 30,696 27,349 38,337 25,634 58,045 50,868 14.1

 Computers........................................ 5,265 5,220 5,301 0.9 -1.5 -1.1 4,594 4,759 5,814 3,497 9,353 7,565 23.6

 Nondefense communications

 equipment...................................... 6,582 6,171 3,617 6.7 70.6 -20.9 6,806 5,328 5,610 6,034 12,134 12,285 -1.2

 Defense communications equipment... 567 684 542 -17.1 26.2 -1.3 550 630 558 480 1,180 871 35.5

 Semiconductors 2................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components........................ 4,847 4,584 4,528 5.7 1.2 -2.4 4,869 4,325 5,104 3,789 9,194 7,525 22.2

 Nondefense search and navigation

 equipment..................................... 756 831 799 -9.0 4.0 -1.1 791 779 855 669 1,570 1,510 4.0

 Defense search and navigation

 equipment...................................... 3,093 3,242 2,617 -4.6 23.9 -6.4 3,268 2,948 4,451 2,442 6,216 4,670 33.1

 Electromedical, measuring,

 and control instruments.................... 6,706 6,559 7,870 2.2 -16.7 17.7 6,516 5,612 9,372 5,507 12,128 10,332 17.4

 Electrical equipment, appliances, 

 and components................................... 8,574 8,563 8,251 0.1 3.8 -2.5 8,495 7,527 8,534 8,067 16,022 15,514 3.3

 Electric lighting equipment................... 1,095 974 908 12.4 7.3 -9.6 1,107 853 1,116 1,041 1,960 2,064 -5.0

 Household appliances.......................... 1,948 1,868 1,971 4.3 -5.2 -4.8 1,868 1,569 2,106 1,856 3,437 3,431 0.2

 Electrical equipment............................ 2,556 2,605 2,372 -1.9 9.8 1.0 2,562 2,252 2,405 2,369 4,814 4,481 7.4

 Transportation equipment........................ 54,324 49,559 55,257 9.6 -10.3 1.4 55,478 48,119 57,944 51,502 103,597 100,587 3.0

 Motor vehicle bodies, parts, 

 and trailers..................................... 18,056 17,945 18,377 0.6 -2.4 0.4 19,123 17,404 16,590 18,602 36,527 36,886 -1.0

 Nondefense aircraft and parts.............. 5,504 4,114 6,097 33.8 -32.5 23.7 5,124 3,770 8,602 3,771 8,894 8,475 4.9

 Defense aircraft and parts................... 3,901 2,417 3,778 61.4 -36.0 1.2 3,395 2,991 5,838 2,833 6,386 5,732 11.4

 Ships and boats.................................. 2,649 2,496 2,465 6.1 1.3 -26.9 2,782 2,910 2,705 1,711 5,692 3,416 66.6

 Furniture and related products................. 6,028 6,271 5,941 -3.9 5.6 -2.7 6,164 6,124 5,302 5,627 12,288 11,193 9.8

 Nondurable goods industries.................. 159,063 162,362 160,507 -2.0 1.2 2.0 155,490 152,264 156,694 144,671 307,754 287,398 7.1

p

 Preliminary r Revised NA Not available.

1

 New orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 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. Further details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication,

Current Industrial Reports: M3-1(02), "Manufacturers' Shipments, Inventories, and Orders: 1992-2002."

Year to date
 5 

Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2004p 2004r 2003 Feb. Jan. Dec. 2004p 2004r 2003 2003 04/03

All manufacturing industries 1................... 509,044 506,184 506,298 0.6 0.0 0.5 516,011 509,801 502,416 489,568 5.4

 Excluding transportation 1................... 259,683 256,240 254,398 1.3 0.7 0.1 263,921 256,899 251,135 243,248 8.5

 Excluding defense 1

............................. 349,646 347,093 347,528 0.7 -0.1 0.3 354,816 349,144 344,459 341,785 3.8

 Durable goods industries 1

........................ 509,044 506,184 506,298 0.6 0.0 0.5 516,011 509,801 502,416 489,568 5.4

 Primary metals........................................ 17,283 16,839 16,475 2.6 2.2 0.6 18,116 16,941 16,002 15,243 18.8

 Iron and steel mills.............................. 9,789 9,593 9,526 2.0 0.7 0.0 10,244 9,569 9,267 8,165 25.5

 Aluminum and nonferrous metals......... 5,042 4,855 4,604 3.9 5.5 2.4 5,317 4,922 4,418 4,751 11.9

 Ferrous metal foundries...................... 2,452 2,391 2,345 2.6 2.0 -0.8 2,555 2,450 2,317 2,327 9.8

 Fabricated metal products...................... 40,800 40,074 38,954 1.8 2.9 2.1 41,072 39,860 38,021 36,950 11.2

 Machinery.............................................. 45,270 44,188 43,907 2.4 0.6 2.9 46,124 44,393 42,882 43,527 6.0

 Construction machinery....................... 3,659 2,853 2,735 28.3 4.3 3.6 3,989 3,029 2,706 2,082 91.6

 Mining, oil field, and

 gas field machinery......................... 1,192 1,077 1,062 10.7 1.4 -4.9 1,192 1,077 1,062 828 44.0

 Industrial machinery............................ 8,169 8,015 7,742 1.9 3.5 2.2 8,349 8,055 7,338 8,109 3.0

 Photographic equipment...................... 905 867 854 4.4 1.5 5.3 897 845 827 657 36.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,438 4,318 4,456 2.8 -3.1 -1.8 4,467 4,282 4,247 4,181 6.8

 Metalworking machinery....................... 4,125 4,110 4,019 0.4 2.3 2.5 4,222 4,140 3,960 3,724 13.4

 Turbines, generators, and other 

 power transmission equipment.......... 9,147 9,298 9,343 -1.6 -0.5 11.0 9,266 9,424 9,338 10,399 -10.9

 Material handling equipment............... 4,823 4,824 4,845 0.0 -0.4 1.7 4,883 4,813 4,861 4,817 1.4

 Computers and electronic products 1...... 130,149 129,319 129,533 0.6 -0.2 -1.1 132,286 130,038 129,156 122,804 7.7

 Computers......................................... 8,345 8,383 8,852 -0.5 -5.3 2.3 8,282 8,129 8,805 7,857 5.4

 Nondefense communications

 equipment...................................... 46,707 46,545 46,873 0.3 -0.7 -5.4 47,395 46,509 46,380 44,726 6.0

 Defense communications equipment... 3,557 3,486 3,389 2.0 2.9 2.6 3,557 3,486 3,389 3,110 14.4

 Semiconductors 1................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components.......................... 14,360 14,028 13,999 2.4 0.2 0.5 14,724 14,289 13,929 15,453 -4.7

 Nondefense search and navigation

 equipment..................................... 4,489 4,621 4,675 -2.9 -1.2 -2.9 4,529 4,611 4,581 4,518 0.2

 Defense search and navigation

 equipment...................................... 36,915 36,458 35,705 1.3 2.1 0.2 37,667 36,978 36,074 34,266 9.9

 Electromedical, measuring,

 and control instruments.................... 15,776 15,798 16,040 -0.1 -1.5 6.2 16,132 16,036 15,998 12,874 25.3

 Electrical equipment, appliances, 

 and components................................... 13,785 13,641 13,621 1.1 0.1 -2.7 14,064 13,589 13,415 14,033 0.2

 Electric lighting equipment................... 1,277 1,219 1,271 4.8 -4.1 -9.7 1,285 1,218 1,257 1,535 -16.3

 Household appliances.......................... 651 668 773 -2.5 -13.6 -16.6 749 732 767 1,006 -25.5

 Electrical equipment............................ 8,531 8,498 8,410 0.4 1.0 -1.3 8,611 8,397 8,273 8,136 5.8

 Transportation equipment........................ 249,361 249,944 251,900 -0.2 -0.8 0.9 252,090 252,902 251,281 246,320 2.3

 Motor vehicle bodies, parts, 

 and trailers..................................... 13,641 13,482 13,486 1.2 0.0 1.4 14,401 14,045 13,620 12,874 11.9

 Nondefense aircraft and parts.............. 103,509 103,589 104,675 -0.1 -1.0 0.7 104,435 104,920 105,071 110,504 -5.5

 Defense aircraft and parts................... 60,066 61,021 62,132 -1.6 -1.8 0.5 59,780 60,851 60,770 56,329 6.1

 Ships and boats.................................. 21,275 20,842 20,543 2.1 1.5 1.3 22,045 21,633 20,461 20,290 8.6

 Furniture and related products................. 5,745 5,700 5,605 0.8 1.7 0.0 5,608 5,599 5,356 5,296 5.9

p

 Preliminary r Revised NA Not available.

1

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

See note at end of Table 2 relating to survey error and revision.
 6

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2004p 2004r 2003 Feb. Jan. Dec. 2004p 2004r 2003 2003 04/03

 All manufacturing industries..................... 442,366 440,029 438,584 0.5 0.3 0.1 445,749 437,679 428,176 448,757 -0.7

 Excluding transportation...................... 374,126 372,134 371,126 0.5 0.3 0.0 377,178 370,319 363,030 380,257 -0.8

 Excluding defense............................. 418,114 415,968 414,308 0.5 0.4 -0.1 421,362 413,901 404,528 426,613 -1.2

 With unfilled orders............................. 206,083 205,408 205,645 0.3 -0.1 0.4 207,904 204,529 200,434 214,834 -3.2

 Durable goods industries........................ 264,345 263,276 262,947 0.4 0.1 0.6 267,334 262,344 255,969 273,111 -2.1

 Wood products........................................ 9,795 9,696 9,604 1.0 1.0 -0.1 10,187 9,795 9,598 10,090 1.0

 Nonmetallic mineral products................... 9,301 9,245 9,234 0.6 0.1 -0.1 9,456 9,262 9,051 9,744 -3.0

 Primary metals........................................ 17,755 17,507 17,301 1.4 1.2 0.1 17,827 17,632 17,420 19,244 -7.4

 Iron and steel mills.............................. 9,242 9,179 9,066 0.7 1.2 -0.9 9,266 9,271 9,206 10,939 -15.3

 Aluminum and nonferrous metals......... 6,807 6,642 6,579 2.5 1.0 1.7 6,807 6,666 6,596 6,523 4.4

 Ferrous metal foundries...................... 1,706 1,686 1,656 1.2 1.8 -0.1 1,754 1,695 1,618 1,782 -1.6

 Fabricated metal products......................... 31,161 30,955 31,021 0.7 -0.2 0.1 31,564 30,940 30,504 32,079 -1.6

 Machinery.............................................. 42,122 41,857 41,583 0.6 0.7 0.9 42,997 41,863 40,512 43,603 -1.4

 Farm machinery.................................. 2,329 2,236 2,151 4.2 4.0 -1.5 2,491 2,336 2,206 2,360 5.6

 Construction machinery........................ 3,758 3,695 3,475 1.7 6.3 0.1 3,868 3,717 3,444 3,603 7.4

 Mining, oil field, 

 and gas field machinery.................. 2,263 2,240 2,239 1.0 0.0 -1.1 2,250 2,205 2,154 2,272 -1.0

 Industrial machinery............................ 6,753 6,688 6,634 1.0 0.8 0.9 6,882 6,634 6,471 6,999 -1.7

 Photographic equipment...................... 1,399 1,429 1,406 -2.1 1.6 1.3 1,402 1,392 1,305 1,425 -1.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,219 4,184 4,170 0.8 0.3 0.2 4,296 4,098 3,925 4,111 4.5

 Metalworking machinery....................... 4,355 4,344 4,434 0.3 -2.0 0.6 4,374 4,279 4,219 4,872 -10.2

 Turbines, generators, and other

 power transmission equipment.......... 4,269 4,302 4,335 -0.8 -0.8 8.8 4,284 4,267 4,191 4,376 -2.1

 Material handling equipment............... 2,252 2,284 2,303 -1.4 -0.8 -1.6 2,280 2,268 2,256 2,327 -2.0

 Computers and electronic products......... 46,914 46,936 47,777 0.0 -1.8 1.4 47,363 46,577 45,945 50,532 -6.3

 Computers......................................... 2,418 2,435 2,578 -0.7 -5.5 6.2 2,430 2,286 2,443 2,690 -9.7

 Computer storage devices................... 1,207 1,231 1,206 -1.9 2.1 0.9 1,248 1,176 1,022 1,229 1.5

 Other peripheral equipment................ 2,347 2,362 2,361 -0.6 0.0 -1.6 2,353 2,357 2,174 2,493 -5.6

 Nondefense communications

 equipment...................................... 9,251 9,350 9,729 -1.1 -3.9 -1.1 9,348 9,283 9,352 11,196 -16.5

 Defense communications equipment...... 1,283 1,189 1,327 7.9 -10.4 6.2 1,283 1,189 1,327 1,214 5.7

 Audio and video equipment.................. 892 926 945 -3.7 -2.0 -2.2 866 933 889 1,067 -18.8

 Semiconductors1

................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components.......................... 7,623 7,586 7,510 0.5 1.0 1.5 7,752 7,616 7,240 8,203 -5.5

 Nondefense search and navigation

 equipment...................................... 2,468 2,543 2,525 -2.9 0.7 0.1 2,463 2,531 2,441 2,720 -9.4

 Defense search and navigation

 equipment...................................... 2,852 2,992 2,960 -4.7 1.1 4.6 2,844 2,954 2,860 2,962 -4.0

 Electromedical, measuring 

 and control instruments.................... 10,066 9,896 10,224 1.7 -3.2 -1.2 10,206 9,898 10,058 10,739 -5.0

 Electrical equipment, appliances, 

 and components................................... 12,249 12,483 12,383 -1.9 0.8 0.1 12,604 12,461 11,949 12,987 -2.9

 Electric lighting equipment................... 1,388 1,387 1,389 0.1 -0.1 -0.3 1,409 1,377 1,319 1,556 -9.4

 Household appliances.......................... 2,146 2,144 2,098 0.1 2.2 -0.3 2,232 2,127 1,906 2,137 4.4

 Electrical equipment............................ 4,220 4,184 4,160 0.9 0.6 1.5 4,381 4,261 4,121 4,183 4.7

 Batteries............................................ 575 564 551 2.0 2.4 -4.2 565 527 507 534 5.8

 Transportation equipment...................... 68,240 67,895 67,458 0.5 0.6 0.7 68,571 67,360 65,146 68,500 0.1

 Automobiles....................................... 1,972 1,969 1,916 0.2 2.8 6.9 2,033 1,969 1,743 2,121 -4.1

 Light trucks and utility vehicles............ 2,390 2,443 2,241 -2.2 9.0 -1.9 2,398 2,377 1,985 2,323 3.2

 Heavy duty trucks .............................. 746 751 764 -0.7 -1.7 2.4 757 749 732 804 -5.8

 Motor vehicle bodies, parts, 

 and trailers..................................... 15,828 15,665 15,309 1.0 2.3 0.5 15,925 15,743 15,144 15,770 1.0

 Nondefense aircraft and parts.............. 23,973 23,965 24,013 0.0 -0.2 -0.7 23,940 23,666 22,997 26,035 -8.0

 Defense aircraft and parts..................... 11,538 11,509 11,639 0.3 -1.1 4.2 11,766 11,362 11,296 10,341 13.8

 Ships and boats.................................. 3,191 3,064 3,017 4.1 1.6 4.0 3,190 3,058 2,971 2,692 18.5

 Furniture and related products................. 7,554 7,596 7,567 -0.6 0.4 -1.3 7,453 7,537 7,375 7,679 -2.9

 Miscellaneous durable goods.................... 19,254 19,106 19,019 0.8 0.5 0.7 19,312 18,917 18,469 18,653 3.5

 Nondurable goods industries................... 178,021 176,753 175,637 0.7 0.6 -0.6 178,415 175,335 172,207 175,646 1.6

 Food products........................................ 33,047 32,896 32,997 0.5 -0.3 -1.7 33,079 32,931 33,082 33,005 0.2

 Grain and oilseed milling..................... 3,280 3,259 3,207 0.6 1.6 -11.6 3,426 3,511 3,400 3,721 -7.9

 Dairy products.................................... 3,668 3,603 3,594 1.8 0.3 0.0 3,667 3,511 3,333 3,586 2.3

 Meat, poultry, and seafood products...... 6,146 6,097 6,104 0.8 -0.1 -1.7 6,153 5,946 5,939 5,889 4.5

 Beverage and tobacco products............... 14,730 14,624 14,519 0.7 0.7 -2.0 14,947 14,887 14,725 14,714 1.6

 Beverages......................................... 10,091 9,938 9,816 1.5 1.2 -2.3 10,073 9,941 9,813 9,595 5.0

 Tobacco........................................... 4,639 4,686 4,703 -1.0 -0.4 -1.1 4,874 4,946 4,912 5,119 -4.8

 Textile mills........................................... 4,917 4,944 4,998 -0.5 -1.1 -0.5 4,946 4,923 4,817 5,024 -1.6

 Textile products...................................... 5,086 5,088 5,171 0.0 -1.6 1.3 5,086 5,071 4,951 5,008 1.6

 Apparel................................................. 6,937 7,051 7,165 -1.6 -1.6 -0.6 6,823 7,018 6,901 7,047 -3.2

 Leather and allied products..................... 1,702 1,722 1,742 -1.2 -1.1 2.7 1,678 1,711 1,673 1,627 3.1

 Paper products....................................... 14,379 14,444 14,455 -0.5 -0.1 -1.4 14,480 14,525 14,352 14,884 -2.7

 Pulp, paper, and paperboard mills.......... 6,325 6,391 6,513 -1.0 -1.9 -1.9 6,392 6,441 6,489 6,597 -3.1

 Paperboard containers........................ 4,084 4,109 4,028 -0.6 2.0 -0.9 4,117 4,159 4,036 4,286 -3.9

 Printing.................................................. 6,193 6,018 6,155 2.9 -2.2 -0.9 6,006 5,748 5,754 6,185 -2.9

 Petroleum and coal products..................... 16,320 16,098 15,200 1.4 5.9 0.6 15,973 15,332 13,973 15,673 1.9

 Petroleum refineries............................. 14,724 14,540 13,625 1.3 6.7 0.8 14,406 13,837 12,542 14,194 1.5

 Basic chemicals...................................... 54,105 53,265 52,682 1.6 1.1 -0.8 54,494 52,641 51,917 52,386 4.0

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,388 2,356 2,288 1.4 3.0 3.2 2,812 2,618 2,366 2,807 0.2

 Pharmaceuticals and medicines............ 22,103 21,413 21,137 3.2 1.3 -0.3 21,886 20,580 20,737 20,180 8.5

 Paints, coatings, and adhesives............. 2,799 2,788 2,750 0.4 1.4 0.4 2,835 2,787 2,635 2,792 1.5

 Plastics and rubber products..................... 20,605 20,603 20,553 0.0 0.2 1.9 20,903 20,548 20,062 20,093 4.0

p

 Preliminary r Revised NA Not available.

1 Inventories for semiconductor industry data are included in computers and electronic products and total durable goods industries, but are not shown separately. 

See note at end of Table 2 relating to survey error and revision.
 7 

Table 5. Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for 

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2004/

2004p 2004r 2003 Feb. Jan. Dec. 2004p 2004r 2003 2003 2004p 2003 2003

SHIPMENTS

 All manufacturing industries .................. 346,813 348,477 348,485 -0.5 0.0 2.1 339,818 318,434 345,976 312,516 658,252 614,292 7.2

 Construction materials and supplies...... 35,359 35,685 36,625 -0.9 -2.6 2.2 33,392 31,421 33,203 31,745 64,813 62,791 3.2

 Information technology......................... 29,663 30,259 30,380 -2.0 -0.4 4.2 27,171 25,537 37,176 23,293 52,708 45,455 16.0

 Computers and related products .......... 8,069 8,396 8,482 -3.9 -1.0 3.8 6,691 7,344 11,090 5,606 14,035 11,868 18.3

 Motor vehicle and parts........................ 38,464 36,944 38,433 4.1 -3.9 2.2 40,263 34,962 34,010 37,150 75,225 73,926 1.8

 Capital goods...................................... 68,953 68,244 68,334 1.0 -0.1 3.3 65,320 58,482 76,896 57,810 123,802 110,442 12.1

 Nondefense capital goods 3.................. 59,619 60,170 60,421 -0.9 -0.4 3.0 56,139 51,704 67,929 50,911 107,843 97,434 10.7

 Excluding aircraft............................. 56,943 58,251 57,952 -2.2 0.5 3.8 53,642 50,426 64,516 48,214 104,068 93,512 11.3

 Defense capital goods 4....................... 9,334 8,074 7,913 15.6 2.0 5.5 9,181 6,778 8,967 6,899 15,959 13,008 22.7

 Consumer goods.................................. 132,268 133,162 132,778 -0.7 0.3 1.7 131,002 124,648 129,981 120,735 255,650 239,847 6.6

 Consumer durable goods..................... 34,946 33,600 35,159 4.0 -4.4 2.3 35,749 30,822 33,070 32,376 66,571 63,649 4.6

 Consumer nondurable goods............... 97,322 99,562 97,619 -2.2 2.0 1.5 95,253 93,826 96,911 88,359 189,079 176,198 7.3

 All manufacturing industries 5................. 342,997 341,868 344,868 0.3 -0.9 1.8 339,152 319,858 346,693 309,893 659,010 612,406 7.6

 Construction materials and supplies...... 36,119 36,444 37,103 -0.9 -1.8 2.5 34,524 32,860 33,021 31,766 67,384 62,859 7.2

 Information technology......................... 30,269 30,118 28,919 0.5 4.1 2.2 29,213 26,201 36,673 25,018 55,414 49,565 11.8

 Computers and related products .......... 8,031 7,927 8,683 1.3 -8.7 6.7 6,844 6,668 11,024 5,625 13,512 11,601 16.5

 Motor vehicle and parts........................ 38,623 36,940 38,615 4.6 -4.3 2.0 40,619 35,387 34,672 37,474 76,006 74,667 1.8

 Capital goods...................................... 70,065 67,409 69,845 3.9 -3.5 4.1 68,054 62,064 82,675 59,954 130,118 116,658 11.5

 Nondefense capital goods 3.................. 59,899 58,564 60,219 2.3 -2.7 4.1 58,031 52,771 67,808 50,991 110,802 100,782 9.9

 Excluding aircraft............................. 57,688 57,441 57,673 0.4 -0.4 3.8 56,404 51,354 63,025 50,042 107,758 97,763 10.2

 Defense capital goods 4....................... 10,166 8,845 9,626 14.9 -8.1 4.4 10,023 9,293 14,867 8,963 19,316 15,876 21.7

 Consumer goods.................................. 132,583 133,240 132,630 -0.5 0.5 1.2 131,345 124,998 129,594 121,271 256,343 240,621 6.5

 Consumer durable goods..................... 35,261 33,678 35,011 4.7 -3.8 0.5 36,092 31,172 32,683 32,912 67,264 64,423 4.4

 Consumer nondurable goods.............. 97,322 99,562 97,619 -2.2 2.0 1.5 95,253 93,826 96,911 88,359 189,079 176,198 7.3

 All manufacturing industries 5

................. 509,044 506,184 506,298 0.6 0.0 0.5 516,011 509,801 502,416 489,568 (X) (X) 5.4

 Construction materials and supplies...... 34,298 33,538 32,779 2.3 2.3 1.5 34,440 33,308 31,869 31,201 (X) (X) 10.4

 Information technology......................... 120,020 119,414 119,555 0.5 -0.1 -1.2 121,878 119,836 119,172 111,364 (X) (X) 9.4

 Computers and related products .......... 8,345 8,383 8,852 -0.5 -5.3 2.3 8,282 8,129 8,805 7,857 (X) (X) 5.4

 Motor vehicle and parts........................ 13,641 13,482 13,486 1.2 0.0 1.4 14,401 14,045 13,620 12,874 (X) (X) 11.9

 Capital goods...................................... 359,767 358,655 359,490 0.3 -0.2 0.4 364,113 361,379 357,797 344,927 (X) (X) 5.6

 Nondefense capital goods 3

..................219,761 219,481 221,087 0.1 -0.7 -0.1 222,506 220,614 219,547 216,750 (X) (X) 2.7

 Excluding aircraft............................. 141,155 140,410 141,220 0.5 -0.6 -0.2 142,974 140,212 139,284 132,522 (X) (X) 7.9

 Defense capital goods 4

....................... 140,006 139,174 138,403 0.6 0.6 1.3 141,607 140,765 138,250 128,177 (X) (X) 10.5

 Consumer goods.................................. 13,159 12,844 12,766 2.5 0.6 -1.1 13,304 12,961 12,611 12,641 (X) (X) 5.2

 Consumer durable goods..................... 13,159 12,844 12,766 2.5 0.6 -1.1 13,304 12,961 12,611 12,641 (X) (X) 5.2 

 All manufacturing industries .................. 442,366 440,029 438,584 0.5 0.3 0.1 445,749 437,679 428,176 448,757 (X) (X) -0.7

 Construction materials and supplies...... 46,748 46,344 46,262 0.9 0.2 0.3 47,750 46,431 45,350 48,304 (X) (X) -1.1

 Information technology......................... 38,594 39,035 39,921 -1.1 -2.2 0.3 38,955 38,649 38,432 42,772 (X) (X) -8.9

 Computers and related products .......... 5,972 6,028 6,145 -0.9 -1.9 2.1 6,031 5,819 5,639 6,412 (X) (X) -5.9

 Motor vehicle and parts........................ 20,936 20,828 20,230 0.5 3.0 0.9 21,113 20,838 19,604 21,018 (X) (X) 0.5

 Capital goods...................................... 124,920 124,514 125,112 0.3 -0.5 0.5 126,005 123,624 121,399 130,003 (X) (X) -3.1

 Nondefense capital goods 3

..................105,185 105,061 105,554 0.1 -0.5 0.3 106,307 104,344 102,129 112,021 (X) (X) -5.1

 Excluding aircraft............................. 88,002 87,957 88,558 0.1 -0.7 0.4 89,072 87,394 85,879 92,907 (X) (X) -4.1

 Defense capital goods 4

....................... 19,735 19,453 19,558 1.4 -0.5 1.8 19,698 19,280 19,270 17,982 (X) (X) 9.5

 Consumer goods.................................. 136,884 136,010 134,734 0.6 0.9 -0.6 136,929 134,732 131,660 134,984 (X) (X) 1.4

 Consumer durable goods..................... 27,452 27,546 27,131 -0.3 1.5 0.5 27,879 27,555 25,932 27,942 (X) (X) -0.2

 Consumer nondurable goods............... 109,432 108,464 107,603 0.9 0.8 -0.9 109,050 107,177 105,728 107,042 (X) (X) 1.9

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories. 2

 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 3

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

industrial machinery; vending, laundry, and other machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission

equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral

equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical 

equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment

and supplies.

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 6

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

See note at end of Table 2 relating to survey error and revision.

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 8

Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group

 

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2004p 2004r 2003 Feb. Jan. Dec. 2004p 2004r 2003 2003 04/03

MATERIALS AND SUPPLIES

 All manufacturing industries ..................... 144,365 143,089 142,154 0.9 0.7 -0.3 145,287 143,461 141,532 150,037 -3.2

 Durable goods industries ........................ 84,573 84,039 83,759 0.6 0.3 0.3 85,392 84,432 83,441 89,243 -4.3

 Wood products................................... 3,675 3,713 3,724 -1.0 -0.3 1.5 3,785 3,950 3,977 3,640 4.0

 Nonmetallic mineral products............... 3,292 3,240 3,242 1.6 -0.1 0.3 3,267 3,245 3,255 3,327 -1.8

 Primary metals.................................... 6,181 5,806 5,770 6.5 0.6 1.3 6,125 5,900 5,961 6,517 -6.0

 Fabricated metal products..................... 11,272 11,114 11,047 1.4 0.6 0.0 11,363 11,158 11,090 11,428 -0.6

 Machinery.......................................... 12,404 12,384 12,385 0.2 0.0 1.0 12,500 12,481 12,206 13,443 -7.0

 Computers and electronic products ...... 16,621 16,551 16,566 0.4 -0.1 1.1 16,899 16,395 16,161 19,033 -11.2

 Electrical equipment, appliances,

 and components.............................. 4,512 4,721 4,694 -4.4 0.6 1.3 4,629 4,738 4,670 4,961 -6.7

 Transportation equipment.................. 17,224 17,021 16,964 1.2 0.3 -0.7 17,442 17,093 16,908 17,444 0.0

 Furniture and related products............ 3,121 3,197 3,192 -2.4 0.2 -2.0 3,108 3,195 3,167 3,190 -2.6

 Miscellaneous products........................ 6,271 6,292 6,175 -0.3 1.9 -1.2 6,274 6,277 6,046 6,260 0.2

 Nondurable goods industries.................... 59,792 59,050 58,395 1.3 1.1 -1.2 59,895 59,029 58,091 60,794 -1.5

 Food products.................................... 10,330 10,264 10,314 0.6 -0.5 -5.1 10,372 10,415 10,353 10,581 -2.0

 Beverage and tobacco products............ 5,339 5,267 5,231 1.4 0.7 -4.7 5,480 5,512 5,487 5,725 -4.3

 Textiles.............................................. 1,364 1,350 1,340 1.0 0.7 -1.8 1,372 1,345 1,324 1,502 -8.7

 Textile products.................................. 1,792 1,779 1,798 0.7 -1.1 0.4 1,793 1,758 1,740 1,740 3.0

 Apparel............................................. 1,710 1,653 1,637 3.4 1.0 -1.4 1,690 1,632 1,626 1,728 -2.2

 Leather and allied products................... 446 448 459 -0.4 -2.4 1.3 436 437 450 424 2.8

 Paper products................................... 6,554 6,615 6,688 -0.9 -1.1 -0.7 6,603 6,670 6,750 7,060 -6.5

 Printing ............................................. 2,707 2,615 2,695 3.5 -3.0 0.6 2,651 2,574 2,610 2,760 -3.9

 Petroleum and coal products............... 5,129 4,923 4,684 4.2 5.1 9.6 5,056 4,662 4,361 4,435 14.0

 Basic chemicals................................... 17,025 16,696 16,177 2.0 3.2 -2.2 16,985 16,596 16,112 17,463 -2.7

 Plastics and rubber products............... 7,396 7,440 7,372 -0.6 0.9 1.7 7,457 7,428 7,278 7,376 1.1

WORK IN PROCESS

 All manufacturing industries ..................... 129,810 128,941 127,922 0.7 0.8 0.0 130,212 127,863 123,571 128,553 1.3

 Durable goods industries ........................ 97,917 97,424 96,874 0.5 0.6 0.9 98,365 96,576 93,427 97,655 0.7

 Wood products................................... 2,047 1,967 1,908 4.1 3.1 -1.1 2,045 1,957 1,912 2,101 -2.7

 Nonmetallic mineral products............... 1,232 1,225 1,214 0.6 0.9 1.6 1,286 1,223 1,158 1,280 0.5

 Primary metals.................................... 5,979 6,092 5,853 -1.9 4.1 0.7 5,974 6,081 5,832 6,401 -6.7

 Fabricated metal products..................... 9,509 9,483 9,443 0.3 0.4 0.7 9,519 9,390 9,199 9,345 1.9

 Machinery.......................................... 14,954 14,806 14,608 1.0 1.4 0.0 15,001 14,416 13,974 14,093 6.4

 Computers and electronic products ...... 18,250 18,235 18,567 0.1 -1.8 1.2 18,338 18,163 17,793 18,680 -1.8

 Electrical equipment, appliances,

 and components.............................. 2,920 2,917 2,876 0.1 1.4 -0.8 2,981 2,901 2,755 3,044 -2.1

 Transportation equipment.................. 38,221 38,098 37,799 0.3 0.8 1.6 38,466 37,936 36,392 37,924 1.4

 Furniture and related products............ 1,536 1,533 1,490 0.2 2.9 -1.1 1,530 1,532 1,478 1,564 -2.2

 Miscellaneous products........................ 3,269 3,068 3,116 6.6 -1.5 0.1 3,225 2,977 2,934 3,223 0.1

 Nondurable goods industries.................... 31,893 31,517 31,048 1.2 1.5 -2.8 31,847 31,287 30,144 30,898 3.1

 Food products.................................... 3,005 2,999 3,009 0.2 -0.3 1.7 3,031 3,097 3,201 2,895 4.7

 Beverage and tobacco products............ 4,806 4,787 4,769 0.4 0.4 0.8 4,942 4,996 5,038 4,497 9.9

 Textiles.............................................. 1,280 1,289 1,294 -0.7 -0.4 0.8 1,295 1,301 1,259 1,255 3.2

 Textile products.................................. 693 712 690 -2.7 3.2 0.9 693 706 643 733 -5.5

 Apparel............................................. 1,160 1,175 1,194 -1.3 -1.6 -1.9 1,149 1,190 1,118 1,326 -13.3

 Leather and allied products................... 195 199 190 -2.0 4.7 -4.0 191 202 183 170 12.4

 Paper products................................... 1,135 1,142 1,106 -0.6 3.3 -5.7 1,131 1,174 1,118 1,167 -3.1

 Printing ............................................. 1,757 1,678 1,773 4.7 -5.4 -1.5 1,682 1,569 1,492 1,768 -4.9

 Petroleum and coal products............... 4,607 4,540 4,224 1.5 7.5 -3.6 4,488 4,303 3,803 4,455 0.7

 Basic chemicals................................... 10,768 10,522 10,321 2.3 1.9 -6.6 10,705 10,253 9,891 10,149 5.5

 Plastics and rubber products............... 2,487 2,474 2,478 0.5 -0.2 0.2 2,540 2,496 2,398 2,483 2.3

FINISHED GOODS

 All manufacturing industries ..................... 168,191 167,999 168,508 0.1 -0.3 0.6 170,250 166,355 163,073 170,167 0.0

 Durable goods industries ........................ 81,855 81,813 82,314 0.1 -0.6 0.5 83,577 81,336 79,101 86,213 -3.1

 Wood products................................... 4,073 4,016 3,972 1.4 1.1 -1.0 4,357 3,888 3,709 4,349 0.2

 Nonmetallic mineral products............... 4,777 4,780 4,778 -0.1 0.0 -0.8 4,903 4,794 4,638 5,137 -4.6

 Primary metals.................................... 5,595 5,609 5,678 -0.2 -1.2 -1.5 5,728 5,651 5,627 6,326 -9.5

 Fabricated metal products..................... 10,380 10,358 10,531 0.2 -1.6 -0.4 10,682 10,392 10,215 11,306 -5.5

 Machinery.......................................... 14,764 14,667 14,590 0.7 0.5 1.7 15,496 14,966 14,332 16,067 -3.6

 Computers and electronic products ...... 12,043 12,150 12,644 -0.9 -3.9 2.0 12,126 12,019 11,991 12,819 -5.4

 Electrical equipment, appliances,

 and components.............................. 4,817 4,845 4,813 -0.6 0.7 -0.6 4,994 4,822 4,524 4,982 0.2

 Transportation equipment.................. 12,795 12,776 12,695 0.1 0.6 -0.4 12,663 12,331 11,846 13,132 -3.6

 Furniture and related products............ 2,897 2,866 2,885 1.1 -0.7 -0.6 2,815 2,810 2,730 2,925 -3.8

 Miscellaneous products........................ 9,714 9,746 9,728 -0.3 0.2 2.2 9,813 9,663 9,489 9,170 7.0

 Nondurable goods industries.................... 86,336 86,186 86,194 0.2 0.0 0.6 86,673 85,019 83,972 83,954 3.2

 Food products.................................... 19,712 19,633 19,674 0.4 -0.2 -0.4 19,676 19,419 19,528 19,529 0.8

 Beverage and tobacco products............ 4,585 4,570 4,519 0.3 1.1 -1.5 4,525 4,379 4,200 4,492 0.7

 Textiles.............................................. 2,273 2,305 2,364 -1.4 -2.5 -0.5 2,279 2,277 2,234 2,267 0.5

 Textile products.................................. 2,601 2,597 2,683 0.2 -3.2 1.9 2,600 2,607 2,568 2,535 2.6

 Apparel............................................. 4,067 4,223 4,334 -3.7 -2.6 0.1 3,984 4,196 4,157 3,993 -0.2

 Leather and allied products................... 1,061 1,075 1,093 -1.3 -1.6 4.5 1,051 1,072 1,040 1,033 1.7

 Paper products................................... 6,690 6,687 6,661 0.0 0.4 -1.4 6,746 6,681 6,484 6,657 1.3

 Printing ............................................. 1,729 1,725 1,687 0.2 2.3 -2.8 1,673 1,605 1,652 1,657 1.0

 Petroleum and coal products............... 6,584 6,635 6,292 -0.8 5.5 -2.5 6,429 6,367 5,809 6,783 -5.2

 Basic chemicals................................... 26,312 26,047 26,184 1.0 -0.5 2.5 26,804 25,792 25,914 24,774 8.2

 Plastics and rubber products............... 10,722 10,689 10,703 0.3 -0.1 2.4 10,906 10,624 10,386 10,234 6.6

p

 Preliminary r Revised

See note at end of Table 2 relating to survey error and revisions.
Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio 1

Industry Feb Jan Dec Nov Feb Jan Dec Nov

2004p 2004r 2003 2003 2004p 2004r 2003 2003

 All manufacturing industries

2

...... 1.28 1.26 1.26 1.28 (X) (X) (X) (X)

Durable goods industries

2

................... 1.41 1.41 1.40 1.42 4.00 3.99 4.00 4.06

 Wood products................................ 1.19 1.19 1.15 1.12 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.32 1.30 1.26 1.29 (X) (X) (X) (X)

 Primary metals................................. 1.49 1.48 1.50 1.56 1.45 1.43 1.42 1.48

 Fabricated metal products............... 1.51 1.48 1.47 1.52 2.08 2.01 1.94 1.96

 Machinery....................................... 1.92 1.85 1.83 1.94 2.29 2.15 2.13 2.22

 Computers and electronic products

2

.. 1.25 1.24 1.28 1.30 4.82 4.70 4.84 5.04

 Electrical equipment, appliances,

 and components............................. 1.45 1.46 1.44 1.43 1.74 1.70 1.67 1.72

 Transportation equipment................. 1.24 1.32 1.27 1.26 7.26 7.69 7.68 7.41

 Furniture and related products........... 1.26 1.23 1.27 1.27 1.10 1.05 1.07 1.05

 Miscellaneous products.................... 1.72 1.70 1.60 1.66 (X) (X) (X) (X)

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

 Food products................................... 0.87 0.85 0.86 0.87 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.73 1.72 1.66 1.72 (X) (X) (X) (X)

 Textiles.......................................... 1.46 1.45 1.51 1.51 (X) (X) (X) (X)

 Textile products............................... 1.60 1.54 1.57 1.65 (X) (X) (X) (X)

 Apparel.......................................... 1.53 1.54 1.55 1.59 (X) (X) (X) (X)

 Leather and allied products............... 2.01 2.00 1.96 1.84 (X) (X) (X) (X)

 Paper products................................ 1.07 1.02 1.06 1.10 (X) (X) (X) (X)

 Printing.......................................... 0.80 0.77 0.78 0.80 (X) (X) (X) (X)

 Petroleum and coal products............ 0.67 0.64 0.64 0.68 (X) (X) (X) (X)

 Basic chemicals............................... 1.37 1.33 1.33 1.35 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.31 1.27 1.27 1.29 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable

1

 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; manufacturin

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

trucks; and miscellaneous furniture

2 Unfilled orders to shipments ratio excludes semiconductor manufacturing

Feb2 Feb2 Feb2 Feb2

Industry 2003- 2003- 2003- 2003-

Feb1 Jan Feb1 Jan Feb1 Jan Feb1 Jan

2004 2004 2004 2004 2004 2004 2004 2004

 All manufacturing industries.......... (X) 0.3 (X) 0.4 (X) 0.1 (X) 0.1

Durable goods industries...................... 0.1 0.3 0.0 0.5 0.0 0.1 0.0 0.1

 Wood products................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Nonmetallic mineral products............. (X) 0.8 (X) (NA) (X) (NA) (X) 0.6

 Primary metals................................... 0.0 0.7 0.2 1.2 0.3 0.7 0.0 0.4

 Fabricated metal products.................. -0.1 0.6 0.0 1.4 0.1 0.6 -0.1 0.2

 Machinery.......................................... 0.0 0.5 -0.9 0.9 -0.5 0.3 0.1 0.3

 Computers and electronic products..... 0.2 0.6 0.4 1.4 0.1 0.3 -0.4 0.3

 Electrical equipment, appliances

 and components............................. 0.1 0.4 0.5 0.6 0.5 0.3 0.4 0.2

 Transportation equipment.................. 0.2 0.3 -0.3 0.5 0.0 0.1 0.0 0.2

 Furniture and related products............ (X) 0.8 (X) 1.7 (X) 1.2 (X) 0.2

 Miscellaneous products...................... (X) 0.6 (X) 0.7 (X) 0.8 (X) 0.4

Nondurable goods industries.................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.1

 Food products................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

 Beverage and tobacco products............ (X) 0.7 (X) (NA) (X) (NA) (X) 0.3

 Textiles............................................. (X) 1.6 (X) (NA) (X) (NA) (X) 0.4

 Textile products................................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Apparel.............................................. (X) 0.9 (X) (NA) (X) (NA) (X) 0.4

 Leather and allied products.................. (X) 2.6 (X) (NA) (X) (NA) (X) 1.4

 Paper products................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

 Printing.............................................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.5

 Petroleum and coal products............... (X) 1.7 (X) (NA) (X) (NA) (X) 1.1

 Basic chemicals.................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

 Plastics and rubber products............... (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

X Not Applicable NA Not Available

1

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

2

 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. T

advance to final percent change revisions for the durable goods industries are shown in the advance report for the month

Table 8. Revisions to Previously Published Monthly Percent Changes

[Based on Seasonally Adjusted data]

Shipments New Orders Unfilled Orders Inventories
10

Survey Description 

This report is compiled from results of the U.S.

Census Bureau’s Manufacturers’ Shipments,

Inventories, and Orders (M3) survey. This survey

provides statistics on manufacturers' value of

shipments, new orders (net of cancellations), end-ofmonth 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-in-process, and finished goods). The

M3 includes approximately 3,500 reporting units. 

Units may be divisions of diversified large

companies, large homogenous companies, or singleunit manufacturers in 89 industry categories. Due to

the small monthly sample, these 89 categories have

been combined into 59 publication levels. The

survey methodology assumes that the month-to-month

changes of the total operations of those companies in

the monthly survey effectively represent the monthto-month movements of all establishments that make

up the category. The current coverage levels in the

survey show that reported data in the monthly survey

represent approximately 60 percent of the shipments

estimates at the total manufacturing level. Data

published represent manufacturing in a calendar

month. The data collection is based on a voluntary

survey authorized by Title 13 of the United States

Code.

The data presented in this release are based on data

obtained from a panel of 3,500 reporting units and

provide an indication of the activity within the

manufacturing sector. The results differ from what

would be obtained from a complete enumeration of

all manufacturing companies. In addition, a different

panel of 3,500 companies would yield different

results. The M3 panel is comprised of companies

with $500 million or more in shipments and a limited

number of smaller companies. From a statistical

perspective, the panel is not 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.

Additional survey documentation can be found on our

web site: http://www.census.gov/m3.