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FOR RELEASE AT 10:00 AM EST, MONDAY, MARCH 6, 2017 

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES 

AND ORDERS JANUARY 2017 

Release Number: CB 17-26 M3-2 (17)-01 

March 6, 2017 — The U.S. Census Bureau announces the January full report on manufacturers’ shipments, 

inventories and orders: 

MANUFACTURED GOODS – NEW ORDERS

JANUARY 2017 $470.2 billion            +1.2%°

DECEMBER 2016  

(revised) $464.7 billion            +1.3%°

Next release: April 4, 2017

Data adjusted for seasonal variation but not for price changes. 

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

°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. 

Summary 

New orders for manufactured goods in January, up six of the last seven months, increased $5.5 billion or 1.2 

percent to $470.2 billion, the U.S. Census Bureau reported today. This followed a 1.3 percent December 

increase. Shipments, up ten of the last eleven months, increased $1.1 billion or 0.2 percent to $478.3 

billion. This followed a 2.5 percent December increase. Unfilled orders, down seven of the last eight 

months, decreased $4.0 billion or 0.4 percent to $1,114.1 billion. This followed a 0.8 percent December 

decrease. The unfilled orders-to-shipments ratio was 6.57, down from 6.59 in December. Inventories, up 

six of the last seven months, increased $1.0 billion or 0.2 percent to $627.9 billion. This followed a 0.3 

percent December increase. The inventories-to-shipments ratio was 1.31, unchanged from December. 

New Orders 

New orders for manufactured durable goods in January, up following two consecutive monthly decreases, 

increased $4.5 billion or 2.0 percent to $230.7 billion, up from the previously published 1.8 percent 

increase. This followed a 0.9 percent December decrease. Transportation equipment, also up following two 

consecutive monthly decreases, led the increase, $4.5 billion or 6.2 percent to $76.5 billion. New orders for 

manufactured nondurable goods increased $1.0 billion or 0.4 percent to $239.5 billion.

Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17

% Change -1.9% 1.7% 1.8% -1.2% -1.8% 1.4% 0.4% 0.6% 2.8% -2.3% 1.3% 1.2%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

MANUFACTURERS' NEW ORDERS 2016-2017

Seasonally Adjusted, Month-To-Month Percentage Change

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

Shipments of manufactured durable goods in January, up four of the last five months, increased $0.1 billion 

or virtually unchanged to $238.8 billion, up from the previously published 0.1 percent decrease. This 

followed a 1.7 percent December increase. Fabricated metal products, up six of the last seven months, 

drove the increase, $0.4 billion or 1.3 percent to $31.4 billion. Shipments of manufactured nondurable 

goods, up ten of the last eleven months, increased $1.0 billion or 0.4 percent to $239.5 billion. This 

followed a 3.4 percent December increase. Petroleum and coal products, up five of the last six months, 

drove the increase, $1.1 billion or 2.4 percent to $45.3 billion. 

Unfilled Orders 

Unfilled orders for manufactured durable goods in January, down seven of the last eight months, decreased 

$4.0 billion or 0.4 percent to $1,114.1 billion, virtually unchanged from the previously published decrease. 

This followed a 0.8 percent December decrease. Transportation equipment, also down seven of the last 

eight months, drove the decrease, $5.4 billion or 0.7 percent to $753.1 billion. 

Inventories

Inventories of manufactured durable goods in January, up two of the last three months, increased $0.3 

billion or 0.1 percent to $384.1 billion, up from the previously published virtually unchanged increase. This 

followed a 0.1 percent December decrease. Computers and electronic products, up three of the last four 

months, drove the increase, $0.4 billion or 0.9 percent to $42.9 billion. Inventories of manufactured 

nondurable goods, up five of the last six months, increased $0.8 billion or 0.3 percent to $243.8 billion. 

This followed a 0.9 percent December increase. Petroleum and coal products, also up five of the last six 

months, drove the increase, $0.8 billion or 2.8 percent to $30.3 billion. By stage of fabrication, January 

materials and supplies increased 0.4 percent in durable goods and decreased 0.2 percent in nondurable 

goods. Work in process increased 0.1 percent in durable goods and 0.5 percent in nondurable goods. 

Finished goods decreased 0.4 percent in durable goods and increased 0.6 percent in nondurable goods. 

The Advance Report on durable goods for February is scheduled for release on March 24, 2017 at 8:30 a.m. 

EDT and the Full Report on April 4, 2017 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. 

With the release of the January 2017 Advance Report on Durable Goods Manufacturers’ Shipments, 

Inventories and Orders on February 27, 2017, the presentation of the release has changed. The text portion 

of the release has been removed from Excel and reformatted. The layout and format of the tables have 

changed, though some explanatory notes may move to the text portion of the document. The full text and 

tables are available as a PDF, with the tables available separately in Excel. 

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-in-process, and 

finished goods). Data published from the M3 survey are based on a panel of approximately 4,800 reporting 

units that represent approximately 3,000 companies and provide an indication of month-to-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-tomonth changes of the total operations of the reporting units in the M3 panel effectively represent the monthto-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 61 percent of the total 

value of shipments for manufacturing establishments in the 2012 Economic Census, and these companies 

include almost two-thirds of the manufacturing companies with $500 million or more in shipments in the 

2012 Economic Census. The companies for which shipments data are currently reported in the M3 survey 

represent approximately 54 percent of the total value of shipments for manufacturing establishments in the 

2012 Economic Census. Statistics based on the M3 panel differ from the results that would be obtained 

from a complete enumeration of all manufacturing companies. The M3 panel is not based on a probability 

sample; therefore, the sampling errors that are normally provided with sample surveys cannot be measured. 

Nonsampling errors are attributable to many 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 
Data Inquiries Media Inquiries

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benchmark publication. Additional survey documentation can be found on our web site: 

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

Benchmark notice

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

issued on May 18, 2017. These revisions result from:

 benchmarking the M3 shipments and inventories data to the 2015 Annual Survey of 

Manufactures (ASM) and revised 2014 ASM data on a 2012 NAICS basis; 

 incorporating the unfilled orders to shipments ratios obtained from the 2015/2014 

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

ASM shipments data, as well as incorporating revised unfilled orders to shipments ratios for 

prior years by applying them to the respective ASM data; 

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

orders data; 

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

previously reported data; 

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

annual review of the seasonal adjustment models. 

These revisions will span the seasonally adjusted data for January 2002 through March 2017 and the data 

not seasonally adjusted for January 2007 through March 2017. An updated Press Release will contain 

revised monthly tables for January 2017 through March 2017. Please call M3 staff on (301) 763-4832 with 

any questions. 

America’s Economy Mobile App

The America’s Economy app provides real-time updates for 19 key economic indicators released from the 

Census Bureau, Bureau of Labor Statistics, and Bureau of Economic Analysis. 

<www.census.gov/mobile/economy/>. 

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/>. 

‐X‐ 
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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2017/

2017p 2016r 2016 Jan. Dec. Nov. 2017p 2016r 2016 2016 2017p 2016 2016

 All manufacturing industries.................. 478,316 477,205 465,427 0.2 2.5 0.3 436,788 468,146 454,305 409,381 436,788 409,381 6.7

 Excluding transportation................... 396,410 395,111 385,183 0.3 2.6 0.4 366,691 386,479 375,495 340,303 366,691 340,303 7.8

 Excluding defense.............................. 465,449 464,105 452,300 0.3 2.6 0.2 426,567 453,222 440,685 399,827 426,567 399,827 6.7

 With unfilled orders............................ 169,654 169,540 166,877 0.1 1.6 0.4 150,352 170,965 161,401 143,545 150,352 143,545 4.7

 Durable goods industries......................... 238,816 238,722 234,824 0.0 1.7 0.4 212,523 236,497 227,379 204,524 212,523 204,524 3.9

 Wood products....................................... 8,841 8,901 8,745 -0.7 1.8 2.8 7,495 7,768 8,087 6,761 7,495 6,761 10.9

 Nonmetallic mineral products.................... 10,043 10,057 10,049 -0.1 0.1 0.8 8,629 8,674 9,698 8,288 8,629 8,288 4.1

 Primary metals....................................... 18,686 18,518 18,224 0.9 1.6 2.7 18,224 16,839 17,240 17,002 18,224 17,002 7.2

 Iron and steel mills............................ 8,494 8,355 8,133 1.7 2.7 2.5 8,377 7,698 7,672 7,762 8,377 7,762 7.9

 Aluminum and nonferrous metals.......... 8,751 8,729 8,674 0.3 0.6 3.1 8,531 7,849 8,252 7,846 8,531 7,846 8.7

 Ferrous metal foundries....................... 1,441 1,434 1,417 0.5 1.2 1.1 1,316 1,292 1,316 1,394 1,316 1,394 -5.6

 Fabricated metal products....................... 31,371 30,975 30,837 1.3 0.4 1.3 29,111 28,695 29,702 27,160 29,111 27,160 7.2

 Machinery............................................. 30,795 31,166 30,317 -1.2 2.8 1.2 27,258 32,132 28,220 26,700 27,258 26,700 2.1

 Farm machinery................................. 1,805 1,864 1,821 -3.2 2.4 0.4 1,671 1,669 1,335 1,663 1,671 1,663 0.5

 Construction machinery..................... 2,676 2,555 2,462 4.7 3.8 -7.0 2,295 2,483 2,415 2,359 2,295 2,359 -2.7

 Mining, oil field, and 

 gas field machinery.......................... 872 823 809 6.0 1.7 -6.9 820 926 801 1,110 820 1,110 -26.1

 Industrial machinery.......................... 2,471 2,546 2,513 -2.9 1.3 4.9 2,033 3,137 2,197 2,051 2,033 2,051 -0.9

 Photographic equipment...................... 428 415 407 3.1 2.0 2.8 355 505 425 355 355 355 0.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,531 3,520 3,479 0.3 1.2 0.1 2,845 3,418 3,115 2,803 2,845 2,803 1.5

 Metalworking machinery..................... 3,289 3,338 3,310 -1.5 0.8 4.0 2,936 3,766 3,350 2,700 2,936 2,700 8.7

 Turbines, generators, and other

 power transmission equipment....... 3,938 4,459 4,049 -11.7 10.1 4.2 3,778 4,298 3,984 3,703 3,778 3,703 2.0

 Material handling equipment............... 3,097 3,052 3,049 1.5 0.1 1.0 2,760 3,198 2,926 2,685 2,760 2,685 2.8

 Computers and electronic products2

.......... 28,186 28,027 27,770 0.6 0.9 0.9 25,162 31,272 27,454 23,097 25,162 23,097 8.9

 Computers........................................ 593 585 576 1.4 1.6 -5.3 502 756 517 578 502 578 -13.1

 Computer storage devices..................... 572 528 571 8.3 -7.5 -2.6 390 870 464 367 390 367 6.3

 Other peripheral equipment................ 628 587 620 7.0 -5.3 0.5 452 870 527 500 452 500 -9.6

 Nondefense communications

 equipment.................................... 3,229 3,300 3,196 -2.2 3.3 4.2 2,506 4,168 2,915 2,324 2,506 2,324 7.8

 Defense communications equipment.... 259 265 294 -2.3 -9.9 4.6 213 270 308 231 213 231 -7.8

 Audio and video equipment.................... 419 408 367 2.7 11.2 -0.3 351 543 467 282 351 282 24.5

 Electronic components......................... 4,798 4,874 4,872 -1.6 0.0 -0.7 4,230 4,933 4,539 4,070 4,230 4,070 3.9

 Nondefense search and navigation

 equipment...................................... 1,445 1,519 1,357 -4.9 11.9 -3.2 1,256 1,600 1,364 1,147 1,256 1,147 9.5

 Defense search and navigation

 equipment..................................... 2,690 2,613 2,533 2.9 3.2 -0.2 2,209 2,893 2,689 1,997 2,209 1,997 10.6

 Electromedical, measuring,

 and control instruments................. 9,224 9,156 9,250 0.7 -1.0 0.1 7,836 10,529 9,018 7,489 7,836 7,489 4.6

 Electrical equipment, appliances, 

 and components................................... 9,642 9,641 9,506 0.0 1.4 -1.3 8,625 9,587 9,378 8,473 8,625 8,473 1.8

 Electric lighting equipment..................... 1,044 1,037 1,038 0.7 -0.1 -1.0 946 1,085 1,065 948 946 948 -0.2

 Household appliances........................ 1,359 1,399 1,364 -2.9 2.6 -3.1 1,103 1,404 1,426 1,191 1,103 1,191 -7.4

 Electrical equipment............................ 2,902 2,915 2,935 -0.4 -0.7 0.9 2,538 2,925 2,771 2,550 2,538 2,550 -0.5

 Batteries........................................... 789 781 758 1.0 3.0 -2.2 710 836 874 713 710 713 -0.4

 Transportation equipment........................ 81,906 82,094 80,244 -0.2 2.3 -0.4 70,097 81,667 78,810 69,078 70,097 69,078 1.5

 Automobiles..................................... 8,990 8,878 8,948 1.3 -0.8 1.6 8,103 8,291 9,030 9,356 8,103 9,356 -13.4

 Light trucks and utility vehicles.............. 16,263 16,431 15,594 -1.0 5.4 0.0 13,978 15,588 15,214 13,199 13,978 13,199 5.9

 Heavy duty trucks ............................. 2,041 2,033 2,050 0.4 -0.8 2.5 1,789 1,817 1,930 2,080 1,789 2,080 -14.0

 Motor vehicle bodies, parts, 

 and trailers.................................... 29,482 29,342 28,939 0.5 1.4 0.2 26,980 25,828 27,975 24,303 26,980 24,303 11.0

 Nondefense aircraft and parts................ 13,043 12,999 12,271 0.3 5.9 -9.0 9,828 16,503 12,069 10,602 9,828 10,602 -7.3

 Defense aircraft and parts.................. 3,943 4,178 4,174 -5.6 0.1 6.2 2,852 5,128 4,334 3,373 2,852 3,373 -15.4

 Ships and boats................................. 3,054 3,155 3,134 -3.2 0.7 4.8 2,512 3,205 3,242 2,417 2,512 2,417 3.9

 Furniture and related products.................. 6,436 6,381 6,367 0.9 0.2 -0.2 6,018 6,262 6,121 5,816 6,018 5,816 3.5

 Miscellaneous durable goods................. 12,910 12,962 12,765 -0.4 1.5 -3.7 11,904 13,601 12,669 12,149 11,904 12,149 -2.0

 Nondurable goods industries..................... 239,500 238,483 230,603 0.4 3.4 0.2 224,265 231,649 226,926 204,857 224,265 204,857 9.5

 Food products....................................... 66,429 66,213 64,826 0.3 2.1 0.4 64,256 66,943 67,106 62,020 64,256 62,020 3.6

 Grain and oilseed milling....................... 8,274 8,206 8,022 0.8 2.3 1.0 8,266 8,517 8,667 7,781 8,266 7,781 6.2

 Dairy products.................................. 9,776 9,685 9,267 0.9 4.5 2.3 9,469 9,784 9,790 8,865 9,469 8,865 6.8

 Meat, poultry, and seafood products... 17,956 18,008 17,584 -0.3 2.4 0.3 17,067 17,794 17,729 16,898 17,067 16,898 1.0

 Beverage and tobacco products................ 12,221 12,397 12,339 -1.4 0.5 -0.9 10,962 12,074 12,268 10,576 10,962 10,576 3.6

 Beverages......................................... 9,190 9,137 9,138 0.6 0.0 0.2 7,931 8,814 9,067 7,944 7,931 7,944 -0.2

 Tobacco............................................ 3,031 3,260 3,201 -7.0 1.8 -3.8 3,031 3,260 3,201 2,632 3,031 2,632 15.2

 Textile mills........................................... 2,608 2,591 2,545 0.7 1.8 1.2 2,417 2,278 2,425 2,347 2,417 2,347 3.0

 Textile products................................... 2,090 2,123 2,062 -1.6 3.0 2.4 1,884 1,877 1,975 1,798 1,884 1,798 4.8

 Apparel................................................ 1,091 1,071 1,042 1.9 2.8 1.7 975 1,031 1,196 896 975 896 8.8

 Leather and allied products...................... 353 354 341 -0.3 3.8 3.0 327 341 329 320 327 320 2.2

 Paper products...................................... 15,321 15,425 15,355 -0.7 0.5 1.1 14,974 15,038 15,023 14,724 14,974 14,724 1.7

 Pulp, paper, and paperboard mills....... 6,779 6,803 6,778 -0.4 0.4 0.9 6,766 6,698 6,610 6,755 6,766 6,755 0.2

 Paperboard containers........................ 4,848 4,811 4,778 0.8 0.7 1.8 4,712 4,526 4,642 4,411 4,712 4,411 6.8

 Printing................................................. 6,929 6,893 6,984 0.5 -1.3 -0.8 6,519 6,807 7,154 6,705 6,519 6,705 -2.8

 Petroleum and coal products.................. 45,297 44,234 38,763 2.4 14.1 -0.5 40,387 41,708 37,088 27,434 40,387 27,434 47.2

 Petroleum refineries.......................... 40,805 39,864 34,526 2.4 15.5 -0.9 36,784 38,098 33,149 25,012 36,784 25,012 47.1

 Chemical products..................................... 68,021 67,971 67,190 0.1 1.2 0.7 63,900 65,988 64,201 60,801 63,900 60,801 5.1

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 4,007 4,064 4,079 -1.4 -0.4 -1.0 3,168 3,411 3,245 3,025 3,168 3,025 4.7

 Pharmaceuticals and medicines............. 22,491 22,554 22,147 -0.3 1.8 1.5 21,918 22,852 21,973 20,841 21,918 20,841 5.2

 Paints, coatings, and adhesives.......... 3,800 3,793 3,790 0.2 0.1 2.1 3,342 3,185 3,266 3,085 3,342 3,085 8.3

 Plastics and rubber products.................. 19,140 19,211 19,156 -0.4 0.3 -0.7 17,664 17,564 18,161 17,236 17,664 17,236 2.5

Year to date

p

 Preliminary 

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

1

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

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

of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 2

 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, January Full Report, March 6, 2017. 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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2017/

2017p 2016r 2016 Jan. Dec. Nov. 2017p 2016r 2016 2016 2017p 2016 2016

All manufacturing industries2........................ 470,202 464,722 458,795 1.2 1.3 -2.3 432,847 468,324 449,678 410,122 432,847 410,122 5.5

 Excluding transportation2

...................... 393,661 392,642 383,441 0.3 2.4 0.6 367,732 382,671 371,224 342,186 367,732 342,186 7.5

 Excluding defense2

.............................. 457,523 452,969 442,502 1.0 2.4 -3.2 422,019 451,346 433,968 400,115 422,019 400,115 5.5

 With unfilled orders2............................. 165,614 161,011 164,099 2.9 -1.9 -6.4 151,386 174,736 161,110 148,059 151,386 148,059 2.2

 Durable goods industries2

......................... 230,702 226,239 228,192 2.0 -0.9 -4.7 208,582 236,675 222,752 205,265 208,582 205,265 1.6

 Primary metals........................................ 18,352 18,635 18,754 -1.5 -0.6 3.1 18,921 17,416 18,171 18,277 18,921 18,277 3.5

 Iron and steel mills.............................. 8,060 8,438 8,490 -4.5 -0.6 3.4 8,785 8,215 8,267 8,963 8,785 8,963 -2.0

 Aluminum and nonferrous metals.......... 8,876 8,717 8,726 1.8 -0.1 2.2 8,710 7,794 8,489 7,771 8,710 7,771 12.1

 Ferrous metal foundries....................... 1,416 1,480 1,538 -4.3 -3.8 7.0 1,426 1,407 1,415 1,543 1,426 1,543 -7.6

 Fabricated metal products........................ 31,679 30,977 31,199 2.3 -0.7 0.7 30,355 27,963 29,125 28,166 30,355 28,166 7.8

 Machinery............................................. 31,395 31,120 30,717 0.9 1.3 2.5 29,761 30,983 28,541 28,546 29,761 28,546 4.3

 Construction machinery........................ 2,765 2,710 2,709 2.0 0.0 4.2 2,712 2,696 2,734 2,751 2,712 2,751 -1.4

 Mining, oil field, and

 gas field machinery.......................... 793 813 809 -2.5 0.5 -1.8 832 657 806 1,121 832 1,121 -25.8

 Industrial machinery............................ 2,545 2,388 2,545 6.6 -6.2 16.8 2,492 2,783 2,122 2,293 2,492 2,293 8.7

 Photographic equipment....................... 398 468 502 -15.0 -6.8 18.7 359 483 528 363 359 363 -1.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 3,647 3,573 3,550 2.1 0.6 5.6 3,169 3,336 3,162 2,930 3,169 2,930 8.2

 Metalworking machinery....................... 3,172 3,295 3,254 -3.7 1.3 1.1 2,969 3,604 3,299 2,818 2,969 2,818 5.4

 Turbines, generators, and other 

 power transmission equipment........... 4,253 4,144 3,877 2.6 6.9 -3.2 4,143 4,164 3,857 3,912 4,143 3,912 5.9

 Material handling equipment.................. 3,239 3,215 3,178 0.7 1.2 3.4 3,066 3,568 2,985 2,909 3,066 2,909 5.4

 Computers and electronic products2

........... 24,628 25,099 24,365 -1.9 3.0 1.0 20,933 29,090 22,333 20,132 20,933 20,132 4.0

 Computers........................................ 589 596 589 -1.2 1.2 -3.4 498 767 530 546 498 546 -8.8

 Nondefense communications

 equipment...................................... 3,504 3,704 3,484 -5.4 6.3 9.3 2,779 4,570 2,821 2,719 2,779 2,719 2.2

 Defense communications equipment....... 248 251 284 -1.2 -11.6 -5.3 211 242 255 238 211 238 -11.3

 Electronic components......................... 4,881 5,065 4,855 -3.6 4.3 -0.2 4,498 5,116 4,391 4,203 4,498 4,203 7.0

 Nondefense search and navigation

 equipment...................................... 1,529 1,772 1,536 -13.7 15.4 2.9 1,369 1,518 1,529 1,236 1,369 1,236 10.8

 Defense search and navigation

 equipment...................................... 2,746 2,575 2,370 6.6 8.6 -2.9 2,232 3,353 2,162 2,114 2,232 2,114 5.6

 Electromedical, measuring,

 and control instruments..................... 9,257 9,375 9,409 -1.3 -0.4 0.7 7,911 10,994 8,877 7,588 7,911 7,588 4.3

 Electrical equipment, appliances, 

 and components................................... 9,697 9,951 9,913 -2.6 0.4 1.4 9,209 9,924 9,569 9,125 9,209 9,125 0.9

 Electric lighting equipment..................... 1,049 1,037 1,030 1.2 0.7 1.6 999 1,047 1,050 999 999 999 0.0

 Household appliances.......................... 1,327 1,423 1,362 -6.7 4.5 -1.3 1,157 1,443 1,453 1,246 1,157 1,246 -7.1

 Electrical equipment............................ 2,949 2,971 2,985 -0.7 -0.5 2.6 2,754 2,866 2,836 2,673 2,754 2,673 3.0

 Transportation equipment........................ 76,541 72,080 75,354 6.2 -4.3 -14.7 65,115 85,653 78,454 67,936 65,115 67,936 -4.2

 Motor vehicle bodies, parts, 

 and trailers..................................... 29,565 29,337 29,054 0.8 1.0 1.8 27,262 26,346 28,700 23,936 27,262 23,936 13.9

 Nondefense aircraft and parts................ 7,956 4,686 4,295 69.8 9.1 -80.4 4,128 18,723 8,535 10,159 4,128 10,159 -59.4

 Defense aircraft and parts.................... 4,303 2,653 7,611 62.2 -65.1 99.1 3,998 5,296 7,732 4,210 3,998 4,210 -5.0

 Ships and boats.................................. 2,571 3,878 3,087 -33.7 25.6 0.9 2,506 4,110 2,918 2,001 2,506 2,001 25.2

 Furniture and related products................... 6,614 6,464 6,331 2.3 2.1 -1.3 6,258 5,610 6,105 5,890 6,258 5,890 6.2

 Nondurable goods industries..................... 239,500 238,483 230,603 0.4 3.4 0.2 224,265 231,649 226,926 204,857 224,265 204,857 9.5

Year to date

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal 

variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 2

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

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, January Full Report, March 6, 2017. 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 January

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2017/

2017p 2016r 2016 Jan. Dec. Nov. 2017p 2016r 2016 2016 2016

All manufacturing industries2...................... 1,114,075 1,118,115 1,126,644 -0.4 -0.8 -0.2 1,121,100 1,120,066 1,116,295 1,144,214 -2.0

 Excluding transportation2...................... 360,965 359,640 358,155 0.4 0.4 0.6 358,119 352,103 352,318 350,498 2.2

 Excluding defense2

............................. 938,212 942,064 949,246 -0.4 -0.8 -0.6 944,148 943,721 942,004 970,544 -2.7

 Durable goods industries2........................ 1,114,075 1,118,115 1,126,644 -0.4 -0.8 -0.2 1,121,100 1,120,066 1,116,295 1,144,214 -2.0

 Primary metals........................................ 33,447 33,781 33,664 -1.0 0.3 1.6 33,912 33,215 32,638 31,888 6.3

 Iron and steel mills............................... 18,790 19,224 19,141 -2.3 0.4 1.9 19,061 18,653 18,136 17,561 8.5

 Aluminum and nonferrous metals............. 10,606 10,481 10,493 1.2 -0.1 0.5 10,735 10,556 10,611 10,741 -0.1

 Ferrous metal foundries........................ 4,051 4,076 4,030 -0.6 1.1 3.1 4,116 4,006 3,891 3,586 14.8

 Fabricated metal products......................... 75,356 75,048 75,046 0.4 0.0 0.5 73,610 72,366 73,098 72,453 1.6

 Machinery.............................................. 93,339 92,739 92,785 0.6 0.0 0.4 93,340 90,837 91,986 96,802 -3.6

 Construction machinery......................... 4,379 4,290 4,135 2.1 3.7 6.4 4,611 4,194 3,981 5,787 -20.3

 Mining, oil field, and

 gas field machinery.......................... 5,717 5,796 5,806 -1.4 -0.2 0.0 5,630 5,618 5,887 8,181 -31.2

 Industrial machinery............................. 7,008 6,934 7,092 1.1 -2.2 0.5 7,033 6,574 6,928 8,159 -13.8

 Photographic equipment........................ 1,431 1,461 1,408 -2.1 3.8 7.2 1,408 1,404 1,426 1,283 9.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 6,192 6,076 6,023 1.9 0.9 1.2 6,131 5,807 5,889 6,455 -5.0

 Metalworking machinery........................ 7,196 7,313 7,356 -1.6 -0.6 -0.8 7,142 7,109 7,271 6,737 6.0

 Turbines, generators, and other 

 power transmission equipment............ 25,674 25,359 25,674 1.2 -1.2 -0.7 25,789 25,424 25,558 25,901 -0.4

 Material handling equipment................... 12,720 12,578 12,415 1.1 1.3 1.0 12,672 12,366 11,996 11,857 6.9

 Computers and electronic products2............. 131,479 130,963 129,937 0.4 0.8 0.3 130,591 129,845 128,434 124,999 4.5

 Computers......................................... 2,443 2,447 2,436 -0.2 0.5 0.5 2,443 2,447 2,436 2,415 1.2

 Nondefense communications

 equipment...................................... 33,906 33,631 33,227 0.8 1.2 0.9 33,482 33,209 32,807 30,920 8.3

 Defense communications equipment........ 2,217 2,228 2,242 -0.5 -0.6 -0.4 2,170 2,172 2,200 2,244 -3.3

 Electronic components.......................... 12,370 12,287 12,096 0.7 1.6 -0.1 12,387 12,119 11,936 12,087 2.5

 Nondefense search and navigation

 equipment....................................... 18,512 18,428 18,175 0.5 1.4 1.0 18,342 18,229 18,311 17,214 6.6

 Defense search and navigation

 equipment....................................... 28,024 27,968 28,006 0.2 -0.1 -0.6 27,911 27,888 27,428 27,472 1.6

 Electromedical, measuring,

 and control instruments...................... 34,007 33,974 33,755 0.1 0.6 0.5 33,856 33,781 33,316 32,647 3.7

 Electrical equipment, appliances, 

 and components.................................... 18,639 18,584 18,274 0.3 1.7 2.3 18,679 18,095 17,758 16,955 10.2

 Electric lighting equipment..................... 1,352 1,347 1,347 0.4 0.0 -0.6 1,350 1,297 1,335 1,319 2.4

 Household appliances........................... 1,178 1,210 1,186 -2.6 2.0 -0.2 1,281 1,227 1,188 1,206 6.2

 Electrical equipment............................. 7,962 7,915 7,859 0.6 0.7 0.6 7,946 7,730 7,789 7,986 -0.5

 Transportation equipment......................... 753,110 758,475 768,489 -0.7 -1.3 -0.6 762,981 767,963 763,977 793,716 -3.9

 Motor vehicle bodies, parts, 

 and trailers...................................... 21,664 21,581 21,586 0.4 0.0 0.5 22,213 21,931 21,413 23,192 -4.2

 Nondefense aircraft and parts................ 570,914 576,001 584,314 -0.9 -1.4 -1.3 578,785 584,485 582,265 610,193 -5.1

 Defense aircraft and parts..................... 72,333 71,973 73,498 0.5 -2.1 4.9 73,671 72,525 72,357 69,455 6.1

 Ships and boats.................................. 16,795 17,278 16,555 -2.8 4.4 -0.3 16,833 16,839 15,934 18,174 -7.4

 Furniture and related products................... 8,466 8,288 8,205 2.1 1.0 -0.4 7,748 7,508 8,160 7,168 8.1

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, 

as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 2

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

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

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

data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, January Full Report, January 6, 2017. 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 January

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2017/

2017p 2016r 2016 Jan. Dec. Nov. 2017p 2016r 2016 2016 2016

 All manufacturing industries...................... 627,890 626,853 625,011 0.2 0.3 0.5 625,011 610,349 625,743 620,311 0.8

 Excluding transportation........................ 505,217 503,566 501,027 0.3 0.5 0.6 502,621 490,534 501,376 494,862 1.6

 Excluding defense............................. 602,436 601,545 599,490 0.1 0.3 0.6 599,728 585,286 600,196 594,196 0.9

 With unfilled orders............................. 311,522 311,320 311,865 0.1 -0.2 0.2 310,478 302,884 312,128 313,424 -0.9

 Durable goods industries........................ 384,096 383,830 384,178 0.1 -0.1 0.2 383,627 373,686 384,499 386,233 -0.7

 Wood products........................................ 11,766 11,696 11,575 0.6 1.0 1.0 12,076 11,588 11,570 11,550 4.6

 Nonmetallic mineral products..................... 13,058 13,034 13,083 0.2 -0.4 -0.4 13,111 12,738 12,690 13,008 0.8

 Primary metals......................................... 31,738 31,660 31,656 0.2 0.0 0.3 32,141 31,519 31,550 32,832 -2.1

 Iron and steel mills............................... 17,508 17,420 17,359 0.5 0.4 0.2 17,819 17,419 17,384 17,917 -0.5

 Aluminum and nonferrous metals............ 12,208 12,217 12,273 -0.1 -0.5 0.5 12,298 12,122 12,170 12,805 -4.0

 Ferrous metal foundries........................ 2,022 2,023 2,024 0.0 0.0 0.0 2,024 1,978 1,996 2,110 -4.1

 Fabricated metal products......................... 48,805 48,685 48,698 0.2 0.0 -0.4 48,848 47,813 48,294 48,952 -0.2

 Machinery.............................................. 66,188 66,299 65,996 -0.2 0.5 0.9 65,854 63,881 66,480 66,563 -1.1

 Farm machinery.................................. 3,141 3,184 3,230 -1.4 -1.4 2.7 3,290 3,328 3,302 3,303 -0.4

 Construction machinery......................... 5,317 5,288 5,384 0.5 -1.8 -0.4 5,272 5,164 5,375 5,728 -8.0

 Mining, oil field, 

 and gas field machinery.................... 7,583 7,653 7,483 -0.9 2.3 1.9 7,564 7,348 7,381 7,688 -1.6

 Industrial machinery............................. 6,515 6,566 6,484 -0.8 1.3 2.3 6,422 6,426 6,582 6,290 2.1

 Photographic equipment....................... 1,622 1,614 1,603 0.5 0.7 -0.2 1,633 1,544 1,650 1,546 5.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,649 4,626 4,604 0.5 0.5 1.5 4,541 4,247 4,532 4,432 2.5

 Metalworking machinery........................ 5,734 5,741 5,727 -0.1 0.2 -0.6 5,628 5,574 5,785 5,591 0.7

 Turbines, generators, and other

 power transmission equipment............ 9,269 9,379 9,168 -1.2 2.3 1.6 9,172 8,802 9,418 9,586 -4.3

 Material handling equipment.................. 4,733 4,655 4,633 1.7 0.5 -0.9 4,565 4,307 4,710 4,308 6.0

 Computers and electronic products2

............ 42,886 42,510 42,550 0.9 -0.1 0.1 42,449 40,977 42,759 41,922 1.3

 Computers......................................... 1,821 1,874 1,669 -2.8 12.3 4.6 1,747 1,687 1,650 1,418 23.2

 Computer storage devices.................... 1,020 1,026 944 -0.6 8.7 0.2 1,023 970 987 1,060 -3.5

 Other peripheral equipment................... 1,055 1,045 1,035 1.0 1.0 2.0 1,059 971 1,079 1,088 -2.7

 Nondefense communications

 equipment...................................... 3,826 3,733 3,906 2.5 -4.4 -0.4 3,823 3,600 4,044 4,065 -6.0

 Defense communications equipment........ 554 554 553 0.0 0.2 -0.5 554 554 553 665 -16.7

 Audio and video equipment.................... 842 791 691 6.4 14.5 4.1 833 770 740 717 16.2

 Electronic components.......................... 7,814 7,680 7,852 1.7 -2.2 1.1 7,897 7,421 7,743 7,571 4.3

 Nondefense search and navigation

 equipment...................................... 3,084 3,042 3,083 1.4 -1.3 0.3 3,082 2,966 3,050 3,076 0.2

 Defense search and navigation

 equipment....................................... 3,129 3,129 3,107 0.0 0.7 0.9 3,078 3,035 3,058 2,819 9.2

 Electromedical, measuring 

 and control instruments...................... 13,967 13,996 14,063 -0.2 -0.5 -0.8 13,683 13,473 14,373 13,792 -0.8

 Electrical equipment, appliances, 

 and components.................................... 16,345 16,258 16,217 0.5 0.3 -0.1 16,262 15,571 16,128 16,243 0.1

 Electric lighting equipment..................... 2,053 2,016 2,006 1.8 0.5 -1.4 2,092 1,919 1,988 2,018 3.7

 Household appliances........................... 2,264 2,213 2,219 2.3 -0.3 -0.3 2,211 1,984 2,149 2,212 0.0

 Electrical equipment............................. 4,749 4,748 4,761 0.0 -0.3 -0.5 4,761 4,626 4,824 4,967 -4.1

 Batteries............................................ 1,321 1,320 1,305 0.1 1.1 0.1 1,242 1,215 1,270 1,261 -1.5

 Transportation equipment......................... 122,673 123,287 123,984 -0.5 -0.6 0.2 122,390 119,815 124,367 125,449 -2.4

 Automobiles....................................... 4,070 4,258 4,274 -4.4 -0.4 1.7 4,108 4,016 4,324 4,557 -9.9

 Light trucks and utility vehicles.............. 3,940 4,130 4,312 -4.6 -4.2 -1.3 4,019 3,746 4,478 4,568 -12.0

 Heavy duty trucks ............................... 2,180 2,131 2,019 2.3 5.5 5.2 2,255 1,993 2,004 2,216 1.8

 Motor vehicle bodies, parts, 

 and trailers...................................... 23,795 24,042 24,245 -1.0 -0.8 0.9 23,916 23,608 24,245 23,795 0.5

 Nondefense aircraft and parts................ 62,172 62,430 62,811 -0.4 -0.6 0.3 61,786 60,522 62,748 63,436 -2.6

 Defense aircraft and parts..................... 11,312 11,007 11,140 2.8 -1.2 -0.7 11,266 10,854 11,145 11,943 -5.7

 Ships and boats.................................. 2,901 2,880 2,853 0.7 0.9 -0.3 2,864 2,913 2,871 2,633 8.8

 Furniture and related products.................... 7,316 7,210 7,198 1.5 0.2 -0.3 7,268 6,987 7,207 7,112 2.2

 Miscellaneous durable goods..................... 23,321 23,191 23,221 0.6 -0.1 0.0 23,228 22,797 23,454 22,602 2.8

 Nondurable goods industries...................... 243,794 243,023 240,833 0.3 0.9 1.1 241,384 236,663 241,244 234,078 3.1

 Food products........................................ 53,924 54,125 53,815 -0.4 0.6 0.8 53,627 53,704 56,105 52,850 1.5

 Grain and oilseed milling........................ 5,980 5,946 5,840 0.6 1.8 0.4 6,245 6,130 6,188 6,062 3.0

 Dairy products.................................... 7,763 7,911 7,727 -1.9 2.4 4.5 7,554 7,402 7,419 7,274 3.8

 Meat, poultry, and seafood products....... 8,869 8,850 8,802 0.2 0.5 -0.4 8,726 8,589 9,033 8,985 -2.9

 Beverage and tobacco products................ 20,778 20,618 20,490 0.8 0.6 0.1 21,092 20,597 20,960 20,705 1.9

 Beverages......................................... 17,040 16,866 16,693 1.0 1.0 0.2 17,152 16,684 16,987 16,576 3.5

 Tobacco............................................ 3,738 3,752 3,797 -0.4 -1.2 -0.5 3,940 3,913 3,973 4,129 -4.6

 Textile mills............................................ 3,188 3,180 3,169 0.3 0.3 -0.3 3,178 3,121 3,136 3,106 2.3

 Textile products...................................... 3,076 3,072 3,070 0.1 0.1 0.1 3,088 2,992 3,041 3,111 -0.7

 Apparel................................................. 2,405 2,391 2,448 0.6 -2.3 -1.3 2,397 2,240 2,382 2,538 -5.6

 Leather and allied products....................... 785 784 785 0.1 -0.1 -0.1 778 774 788 798 -2.5

 Paper products....................................... 16,229 16,212 16,124 0.1 0.5 -0.1 16,308 16,067 16,011 16,536 -1.4

 Pulp, paper, and paperboard mills........... 6,591 6,637 6,631 -0.7 0.1 0.0 6,638 6,636 6,556 6,804 -2.4

 Paperboard containers......................... 5,211 5,181 5,117 0.6 1.3 0.0 5,255 5,154 5,081 5,261 -0.1

 Printing.................................................. 5,911 5,976 5,957 -1.1 0.3 0.8 5,742 5,734 5,925 5,820 -1.3

 Petroleum and coal products..................... 30,297 29,474 27,668 2.8 6.5 8.3 28,274 27,526 27,011 22,914 23.4

 Petroleum refineries............................. 25,752 24,972 23,193 3.1 7.7 10.6 23,667 23,087 22,639 18,322 29.2

 Chemical products..................................... 81,723 81,703 81,761 0.0 -0.1 0.1 81,515 79,167 80,710 80,652 1.1

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,233 4,204 4,168 0.7 0.9 -1.5 4,648 4,360 4,191 4,807 -3.3

 Pharmaceuticals and medicines.............. 32,508 32,629 32,621 -0.4 0.0 0.1 32,020 31,099 32,077 31,540 1.5

 Paints, coatings, and adhesives.............. 3,793 3,785 3,783 0.2 0.1 0.6 3,814 3,626 3,641 3,625 5.2

 Plastics and rubber products..................... 25,478 25,488 25,546 0.0 -0.2 -0.2 25,385 24,741 25,175 25,048 1.3

p Preliminary 

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

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

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

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

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, January Full Report, March 6, 2017. 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

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2017/

2017p 2016r 2016 Jan. Dec. Nov. 2017p 2016r 2016 2016 2017p 2016 2016

SHIPMENTS

 All manufacturing industries................... 478,316 477,205 465,427 0.2 2.5 0.3 436,788 468,146 454,305 409,381 436,788 409,381 6.7

 Construction materials and supplies....... 48,072 47,972 47,528 0.2 0.9 1.4 42,236 42,416 44,885 39,996 42,236 39,996 5.6

 Information technology......................... 23,290 23,123 22,862 0.7 1.1 -0.2 19,640 26,588 22,246 18,680 19,640 18,680 5.1

 Computers and related products........... 1,793 1,700 1,767 5.5 -3.8 -2.4 1,344 2,496 1,508 1,445 1,344 1,445 -7.0

 Motor vehicle and parts......................... 56,776 56,684 55,531 0.2 2.1 0.5 50,850 51,524 54,149 48,938 50,850 48,938 3.9

 Capital goods...................................... 82,948 83,127 81,536 -0.2 2.0 -0.4 70,487 92,193 78,994 69,215 70,487 69,215 1.8

 Nondefense capital goods3

.................. 72,105 72,210 70,515 -0.1 2.4 -0.9 61,800 80,081 67,494 61,515 61,800 61,515 0.5

 Excluding aircraft............................. 63,644 63,868 62,807 -0.4 1.7 0.7 56,380 68,516 59,914 55,577 56,380 55,577 1.4

 Defense capital goods4

........................ 10,843 10,917 11,021 -0.7 -0.9 3.3 8,687 12,112 11,500 7,700 8,687 7,700 12.8

 Consumer goods.................................. 197,394 196,618 188,176 0.4 4.5 0.1 183,763 193,380 187,968 167,367 183,763 167,367 9.8

 Consumer durable goods..................... 38,479 38,527 37,525 -0.1 2.7 -0.8 33,707 36,994 36,936 34,048 33,707 34,048 -1.0

 Consumer nondurable goods................ 158,915 158,091 150,651 0.5 4.9 0.3 150,056 156,386 151,032 133,319 150,056 133,319 12.6

 All manufacturing industries5

................... 470,202 464,722 458,795 1.2 1.3 -2.3 432,847 468,324 449,678 410,122 432,847 410,122 5.5

 Construction materials and supplies....... 48,494 48,103 47,755 0.8 0.7 1.5 43,241 41,896 44,584 40,562 43,241 40,562 6.6

 Information technology......................... 23,728 24,241 23,790 -2.1 1.9 1.8 20,383 28,189 21,826 19,786 20,383 19,786 3.0

 Computers and related products........... 1,789 1,711 1,780 4.6 -3.9 -1.8 1,340 2,507 1,521 1,413 1,340 1,413 -5.2

 Motor vehicle and parts......................... 56,859 56,679 55,646 0.3 1.9 1.3 51,132 52,042 54,874 48,571 51,132 48,571 5.3

 Capital goods...................................... 79,445 76,091 78,597 4.4 -3.2 -13.9 69,079 95,581 76,933 71,620 69,079 71,620 -3.5

 Nondefense capital goods3

.................. 69,087 66,512 64,293 3.9 3.5 -19.8 60,198 81,855 63,647 63,097 60,198 63,097 -4.6

 Excluding aircraft............................. 64,616 64,676 64,133 -0.1 0.8 1.7 59,778 67,684 59,849 58,247 59,778 58,247 2.6

 Defense capital goods4

........................ 10,358 9,579 14,304 8.1 -33.0 29.4 8,881 13,726 13,286 8,523 8,881 8,523 4.2

 Consumer goods.................................. 197,395 196,658 188,116 0.4 4.5 0.0 183,949 193,306 188,040 167,542 183,949 167,542 9.8

 Consumer durable goods..................... 38,480 38,567 37,465 -0.2 2.9 -1.0 33,893 36,920 37,008 34,223 33,893 34,223 -1.0

 Consumer nondurable goods.............. 158,915 158,091 150,651 0.5 4.9 0.3 150,056 156,386 151,032 133,319 150,056 133,319 12.6

 All manufacturing industries5

................... 1,114,075 1,118,115 1,126,644 -0.4 -0.8 -0.2 1,121,100 1,120,066 1,116,295 1,144,214 (X) (X) -2.0

 Construction materials and supplies....... 46,224 45,802 45,671 0.9 0.3 0.5 45,250 44,245 44,765 44,873 (X) (X) 0.8

 Information technology......................... 128,687 128,249 127,131 0.3 0.9 0.7 127,714 126,971 125,370 120,639 (X) (X) 5.9

 Computers and related products........... 2,443 2,447 2,436 -0.2 0.5 0.5 2,443 2,447 2,436 2,415 (X) (X) 1.2

 Motor vehicle and parts......................... 21,664 21,581 21,586 0.4 0.0 0.5 22,213 21,931 21,413 23,192 (X) (X) -4.2

 Capital goods...................................... 828,737 832,240 839,276 -0.4 -0.8 -0.3 833,765 835,173 831,785 853,281 (X) (X) -2.3

 Nondefense capital goods3

.................. 688,365 691,383 697,081 -0.4 -0.8 -0.9 693,154 694,756 692,982 716,054 (X) (X) -3.2

 Excluding aircraft............................. 226,263 225,291 224,483 0.4 0.4 0.6 224,263 220,865 221,697 220,356 (X) (X) 1.8

 Defense capital goods4........................ 140,372 140,857 142,195 -0.3 -0.9 2.4 140,611 140,417 138,803 137,227 (X) (X) 2.5

 Consumer goods.................................. 4,499 4,498 4,458 0.0 0.9 -1.3 4,579 4,393 4,467 4,367 (X) (X) 4.9

 Consumer durable goods..................... 4,499 4,498 4,458 0.0 0.9 -1.3 4,579 4,393 4,467 4,367 (X) (X) 4.9

 All manufacturing industries................... 627,890 626,853 625,011 0.2 0.3 0.5 625,011 610,349 625,743 620,311 (X) (X) 0.8

 Construction materials and supplies....... 66,009 65,762 65,749 0.4 0.0 0.0 66,333 64,197 64,697 65,443 (X) (X) 1.4

 Information technology......................... 37,057 36,946 36,766 0.3 0.5 0.2 36,647 35,579 37,277 36,222 (X) (X) 1.2

 Computers and related products........... 3,896 3,945 3,648 -1.2 8.1 2.7 3,829 3,628 3,716 3,566 (X) (X) 7.4

 Motor vehicle and parts......................... 33,985 34,561 34,850 -1.7 -0.8 1.0 34,298 33,363 35,051 35,136 (X) (X) -2.4

 Capital goods...................................... 191,514 191,477 191,314 0.0 0.1 0.3 189,886 185,405 192,518 191,953 (X) (X) -1.1

 Nondefense capital goods3

.................. 170,373 170,728 170,450 -0.2 0.2 0.5 168,870 164,748 171,633 170,769 (X) (X) -1.1

 Excluding aircraft............................. 119,529 119,358 118,803 0.1 0.5 0.5 118,437 115,229 120,168 118,294 (X) (X) 0.1

 Defense capital goods4........................ 21,141 20,749 20,864 1.9 -0.6 -1.2 21,016 20,657 20,885 21,184 (X) (X) -0.8

 Consumer goods.................................. 181,895 181,418 179,269 0.3 1.2 1.5 179,828 176,106 181,164 173,865 (X) (X) 3.4

 Consumer durable goods..................... 29,308 29,462 29,522 -0.5 -0.2 0.2 29,721 28,322 29,865 30,239 (X) (X) -1.7

 Consumer nondurable goods................ 152,587 151,956 149,747 0.4 1.5 1.7 150,107 147,784 151,299 143,626 (X) (X) 4.5

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

the latest annual review of the model parameters. Estimates are not adjusted for price changes. 2 Topical series are regroupings of the separate industry categories. 

3

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

machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; 

computer storage devices; other computer peripheral equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical 

equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment and supplies. 4

 Defense capital goods industries include: small arms and ordnance; communications equipment; aircraft; missiles, space vehicles, and parts; ships and boats; and search and navigation equipment. 5 Estimates and percent changes exclude semiconductor industry data. 6

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, January Full Report, March 6, 2017. 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 January

Jan. Dec. Nov. Dec. - Nov. - Oct. - Jan. Dec. Nov. Jan. 2017/

2017p 2016r 2016 Jan. Dec. Nov. 2017p 2016r 2016 2016 2016

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 208,463 208,090 209,224 0.2 -0.5 0.2 209,129 206,987 208,955 207,912 0.6

 Durable goods industries.......................... 129,543 129,020 129,583 0.4 -0.4 -0.1 130,067 128,201 129,503 129,983 0.1

 Wood products................................... 4,848 4,879 4,811 -0.6 1.4 3.4 5,027 5,009 4,916 4,716 6.6

 Nonmetallic mineral products................. 5,293 5,240 5,212 1.0 0.5 -1.6 5,289 5,211 5,162 5,270 0.4

 Primary metals.................................... 12,558 12,553 12,705 0.0 -1.2 0.2 12,828 12,882 12,894 13,037 -1.6

 Fabricated metal products........................ 17,601 17,481 17,543 0.7 -0.4 -1.1 17,681 17,432 17,471 17,885 -1.1

 Machinery.......................................... 23,210 23,231 23,556 -0.1 -1.4 0.9 23,046 22,540 23,461 24,705 -6.7

 Computers and electronic products........ 17,702 17,568 17,575 0.8 0.0 -0.3 17,694 17,347 17,537 16,805 5.3

 Electrical equipment, appliances,

 and components............................... 6,472 6,487 6,489 -0.2 0.0 -1.0 6,477 6,380 6,475 6,594 -1.8

 Transportation equipment..................... 30,690 30,514 30,614 0.6 -0.3 -0.3 30,853 30,449 30,532 29,966 3.0

 Furniture and related products............... 3,727 3,638 3,601 2.4 1.0 -0.8 3,746 3,602 3,583 3,682 1.7

 Miscellaneous products......................... 7,442 7,429 7,477 0.2 -0.6 0.0 7,426 7,349 7,472 7,323 1.4

 Nondurable goods industries...................... 78,920 79,070 79,641 -0.2 -0.7 0.7 79,062 78,786 79,452 77,929 1.5

 Food products.................................... 18,170 18,267 18,541 -0.5 -1.5 1.6 18,407 18,683 19,259 18,159 1.4

 Beverage and tobacco products................... 4,790 4,812 4,865 -0.5 -1.1 -1.8 4,955 4,918 4,940 5,158 -3.9

 Textiles.............................................. 1,155 1,162 1,165 -0.6 -0.3 0.5 1,156 1,150 1,153 1,169 -1.1

 Textile products................................... 1,017 1,023 1,031 -0.6 -0.8 -1.8 1,011 1,013 1,018 1,069 -5.4

 Apparel............................................. 663 661 671 0.3 -1.5 1.1 650 641 658 703 -7.5

 Leather and allied products.................... 228 232 229 -1.7 1.3 -0.4 225 233 227 236 -4.7

 Paper products.................................... 8,313 8,277 8,256 0.4 0.3 -0.4 8,390 8,287 8,228 8,468 -0.9

 Printing ............................................. 2,705 2,782 2,743 -2.8 1.4 0.4 2,657 2,707 2,737 2,804 -5.2

 Petroleum and coal products................. 6,318 6,192 6,387 2.0 -3.1 9.4 5,922 5,853 6,083 5,242 13.0

 Chemical products................................ 25,744 25,803 25,805 -0.2 0.0 0.1 25,789 25,506 25,345 24,787 4.0

 Plastics and rubber products.................. 9,817 9,859 9,948 -0.4 -0.9 -1.8 9,900 9,795 9,804 10,134 -2.3

WORK IN PROCESS

 All manufacturing industries....................... 194,467 194,074 192,187 0.2 1.0 0.6 192,839 187,975 192,792 191,889 0.5

 Durable goods industries.......................... 143,730 143,580 143,542 0.1 0.0 0.2 142,736 138,849 143,618 146,258 -2.4

 Wood products................................... 2,342 2,298 2,278 1.9 0.9 -3.8 2,359 2,233 2,242 2,266 4.1

 Nonmetallic mineral products................. 1,498 1,488 1,500 0.7 -0.8 1.4 1,505 1,406 1,420 1,477 1.9

 Primary metals.................................... 9,204 9,253 9,124 -0.5 1.4 0.9 9,212 8,868 9,053 9,520 -3.2

 Fabricated metal products........................ 13,029 12,930 12,880 0.8 0.4 0.4 12,943 12,626 12,938 12,743 1.6

 Machinery.......................................... 19,455 19,727 19,300 -1.4 2.2 0.3 19,238 18,712 19,799 18,964 1.4

 Computers and electronic products........ 13,356 13,279 13,178 0.6 0.8 0.4 13,090 12,556 13,010 13,660 -4.2

 Electrical equipment, appliances,

 and components............................... 3,512 3,453 3,448 1.7 0.1 0.3 3,515 3,315 3,438 3,460 1.6

 Transportation equipment..................... 76,218 76,054 76,724 0.2 -0.9 0.1 75,809 74,211 76,604 79,317 -4.4

 Furniture and related products............... 1,100 1,087 1,130 1.2 -3.8 2.6 1,106 1,076 1,124 1,062 4.1

 Miscellaneous products......................... 4,016 4,011 3,980 0.1 0.8 -0.3 3,959 3,846 3,990 3,789 4.5

 Nondurable goods industries...................... 50,737 50,494 48,645 0.5 3.8 1.7 50,103 49,126 49,174 45,631 9.8

 Food products.................................... 6,201 6,039 5,818 2.7 3.8 -0.1 6,517 6,459 6,664 6,317 3.2

 Beverage and tobacco products................... 7,752 7,642 7,624 1.4 0.2 0.8 8,029 7,974 8,001 7,744 3.7

 Textiles.............................................. 663 664 661 -0.2 0.5 -1.0 659 643 657 674 -2.2

 Textile products................................... 432 433 432 -0.2 0.2 -0.5 429 406 429 441 -2.7

 Apparel............................................. 309 319 331 -3.1 -3.6 3.1 296 294 318 317 -6.6

 Leather and allied products.................... 111 111 109 0.0 1.8 0.9 111 109 109 106 4.7

 Paper products.................................... 1,223 1,251 1,254 -2.2 -0.2 -0.1 1,220 1,225 1,242 1,282 -4.8

 Printing ............................................. 1,491 1,471 1,462 1.4 0.6 -0.2 1,398 1,340 1,427 1,449 -3.5

 Petroleum and coal products................. 10,103 9,995 8,840 1.1 13.1 8.3 9,120 8,974 8,604 6,757 35.0

 Chemical products................................ 19,315 19,408 18,962 -0.5 2.4 0.4 19,177 18,661 18,609 17,594 9.0

 Plastics and rubber products.................. 3,137 3,161 3,152 -0.8 0.3 0.5 3,147 3,041 3,114 2,950 6.7

FINISHED GOODS

 All manufacturing industries....................... 224,960 224,689 223,600 0.1 0.5 0.8 223,043 215,387 223,996 220,510 1.1

 Durable goods industries.......................... 110,823 111,230 111,053 -0.4 0.2 0.5 110,824 106,636 111,378 109,992 0.8

 Wood products................................... 4,576 4,519 4,486 1.3 0.7 1.0 4,690 4,346 4,412 4,568 2.7

 Nonmetallic mineral products................. 6,267 6,306 6,371 -0.6 -1.0 0.1 6,317 6,121 6,108 6,261 0.9

 Primary metals.................................... 9,976 9,854 9,827 1.2 0.3 -0.1 10,101 9,769 9,603 10,275 -1.7

 Fabricated metal products........................ 18,175 18,274 18,275 -0.5 0.0 -0.2 18,224 17,755 17,885 18,324 -0.5

 Machinery.......................................... 23,523 23,341 23,140 0.8 0.9 1.5 23,570 22,629 23,220 22,894 3.0

 Computers and electronic products........ 11,828 11,663 11,797 1.4 -1.1 0.4 11,665 11,074 12,212 11,457 1.8

 Electrical equipment, appliances,

 and components............................... 6,361 6,318 6,280 0.7 0.6 0.5 6,270 5,876 6,215 6,189 1.3

 Transportation equipment..................... 15,765 16,719 16,646 -5.7 0.4 1.1 15,728 15,155 17,231 16,166 -2.7

 Furniture and related products............... 2,489 2,485 2,467 0.2 0.7 -0.8 2,416 2,309 2,500 2,368 2.0

 Miscellaneous products......................... 11,863 11,751 11,764 1.0 -0.1 0.0 11,843 11,602 11,992 11,490 3.1

 Nondurable goods industries...................... 114,137 113,459 112,547 0.6 0.8 1.0 112,219 108,751 112,618 110,518 1.5

 Food products.................................... 29,553 29,819 29,456 -0.9 1.2 0.4 28,703 28,562 30,182 28,374 1.2

 Beverage and tobacco products................... 8,236 8,164 8,001 0.9 2.0 0.5 8,108 7,705 8,019 7,803 3.9

 Textiles.............................................. 1,370 1,354 1,343 1.2 0.8 -0.5 1,363 1,328 1,326 1,263 7.9

 Textile products................................... 1,627 1,616 1,607 0.7 0.6 1.6 1,648 1,573 1,594 1,601 2.9

 Apparel............................................. 1,433 1,411 1,446 1.6 -2.4 -3.2 1,451 1,305 1,406 1,518 -4.4

 Leather and allied products.................... 446 441 447 1.1 -1.3 -0.2 442 432 452 456 -3.1

 Paper products.................................... 6,693 6,684 6,614 0.1 1.1 0.3 6,698 6,555 6,541 6,786 -1.3

 Printing ............................................. 1,715 1,723 1,752 -0.5 -1.7 2.3 1,687 1,687 1,761 1,567 7.7

 Petroleum and coal products................. 13,876 13,287 12,441 4.4 6.8 7.8 13,232 12,699 12,324 10,915 21.2

 Chemical products................................ 36,664 36,492 36,994 0.5 -1.4 -0.1 36,549 35,000 36,756 38,271 -4.5

 Plastics and rubber products.................. 12,524 12,468 12,446 0.4 0.2 0.9 12,338 11,905 12,257 11,964 3.1

p

 Preliminary 

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

1

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

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

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

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, January Full Report, March 6, 2017. 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 Jan Dec Nov Oct Jan Dec Nov Oct

2017p 2016r 2016 2016 2017p 2016r 2016 2016

All manufacturing industries3

............................ 1.31 1.31 1.34 1.34 (X) (X) (X) (X)

Durable goods industries3

.................................. 1.61 1.61 1.64 1.64 6.57 6.59 6.75 6.79

 Wood products.............................................. 1.33 1.31 1.32 1.35 (X) (X) (X) (X)

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

 Primary metals.............................................. 1.70 1.71 1.74 1.78 1.79 1.82 1.85 1.87

 Fabricated metal products.............................. 1.56 1.57 1.58 1.61 2.46 2.49 2.50 2.52

 Machinery..................................................... 2.15 2.13 2.18 2.18 3.31 3.25 3.34 3.37

 Computers and electronic products3

................ 1.52 1.52 1.53 1.54 5.91 5.87 5.89 5.87

 Electrical equipment, appliances,

 and components........................................ 1.70 1.69 1.71 1.69 2.11 2.10 2.09 2.02

 Transportation equipment.............................. 1.50 1.50 1.55 1.54 13.79 13.85 14.32 14.28

 Furniture and related products........................ 1.14 1.13 1.13 1.13 1.56 1.54 1.52 1.53

 Miscellaneous products.................................. 1.81 1.79 1.82 1.75 (X) (X) (X) (X)

Nondurable goods industries............................. 1.02 1.02 1.04 1.04 (X) (X) (X) (X)

 Food products.............................................. 0.81 0.82 0.83 0.83 (X) (X) (X) (X)

 Beverage and tobacco products...................... 1.70 1.66 1.66 1.64 (X) (X) (X) (X)

 Textiles........................................................ 1.22 1.23 1.25 1.26 (X) (X) (X) (X)

 Textile products............................................ 1.47 1.45 1.49 1.52 (X) (X) (X) (X)

 Apparel......................................................... 2.20 2.23 2.35 2.42 (X) (X) (X) (X)

 Leather and allied products............................. 2.22 2.21 2.30 2.37 (X) (X) (X) (X)

 Paper products.............................................. 1.06 1.05 1.05 1.06 (X) (X) (X) (X)

 Printing......................................................... 0.85 0.87 0.85 0.84 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.67 0.67 0.71 0.66 (X) (X) (X) (X)

 Chemical products......................................... 1.20 1.20 1.22 1.22 (X) (X) (X) (X)

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

Jan3 Jan3 Jan3 Jan3

Industry 2016- 2016- 2016- 2016-

Jan2 Dec Jan2 Dec Jan2 Dec Jan2 Dec

2017 2016 2017 2016 2017 2016 2017 2016

 

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

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

 Wood products................................... (X) 0.5 (X) (NA) (X) (NA) (X) 0.2

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

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

 Fabricated metal products.................... 0.3 0.3 0.4 0.5 0.0 0.2 0.0 0.2

 Machinery.......................................... 0.4 0.6 0.4 0.5 -0.2 0.2 -0.1 0.1

 Computers and electronic products..... 0.1 0.4 -0.3 0.6 0.0 0.1 0.4 0.2

 Electrical equipment, appliances,

 and components............................. -0.2 0.4 -0.4 0.6 -0.1 0.3 0.0 0.3

 Transportation equipment.................... 0.0 0.2 0.2 1.1 0.0 0.1 0.0 0.2

 Furniture and related products............. (X) 0.3 (X) 1.0 (X) 0.5 (X) 0.3

 Miscellaneous products...................... (X) 0.6 (X) 0.6 (X) 0.3 (X) 0.2

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

 Food products................................... (X) 0.3 (X) (NA) (X) (NA) (X) 0.4

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

 Textiles............................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

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

 Apparel.............................................. (X) 0.8 (X) (NA) (X) (NA) (X) 0.4

 Leather and allied products.................... (X) 1.0 (X) (NA) (X) (NA) (X) 0.5

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

 Printing.............................................. (X) 0.3 (X) (NA) (X) (NA) (X) 0.4

 Petroleum and coal products................. (X) 1.0 (X) (NA) (X) (NA) (X) 1.7

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

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

X

 Not Applicable 

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

2

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

supplies; office supplies; other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and 

peripheral devices; audio and video equipment; manufacturing and reproducing magnetic and optical media; batteries; automobiles; light 

trucks and utility vehicles; heavy duty trucks; and miscellaneous furniture. 

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing. 

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, January Full Report, March 6, 2017. 

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, January Full Report, March 6, 

2017. 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