FOR IMMEDIATE RELEASE 

MONDAY, MAY 4, 2015, AT 10:00 A.M. EDT 

Adriana Stoica 

Economic Indicators Division 

(301) 763-4832 

M3-2 (15)-03 

CB15-73 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

March 2015 

Summary 

 New orders for manufactured goods in March, up 

following seven consecutive monthly decreases, 

increased $9.6 billion or 2.1 percent to $476.5 billion, 

the U.S. Census Bureau reported today. This followed a 

0.1 percent February decrease. 

 Shipments, up two consecutive months, increased $2.3 

billion or 0.5 percent to $482.2 billion. This followed a 

0.4 percent February increase. 

 Unfilled orders, up following three consecutive 

monthly decreases, increased $1.0 billion or 0.1 percent to $1,157.3 billion. This followed a 0.5 percent 

February decrease. The unfilled orders-to-shipments 

ratio was 6.67, down from 6.70 in February. 

 Inventories, down three of the last four months, 

decreased $1.1 billion or 0.2 percent to $649.1 billion. 

This followed a $0.2 billion, or virtually unchanged, 

February increase. The inventories-to-shipments ratio 

was 1.35, unchanged from February. 

New Orders 

 New orders for manufactured durable goods in March, up two of the last three months, increased $10.2 billion 

or 4.4 percent to $241.2 billion, up from the previously 

published 4.0 percent increase. This followed a 1.4 

percent February decrease. 

 Transportation equipment, also up two of the last three 

months, led the increase, $9.5 billion or 13.5 percent to 

$80.4 billion. 

 New orders for manufactured nondurable goods 

decreased $0.6 billion or 0.3 percent to $235.3 billion. 

 

Shipments 

 Shipments of manufactured durable goods in March, 

up following two consecutive monthly decreases, 

increased $2.9 billion or 1.2 percent to $246.9 billion, up 

from the previously published 1.1 percent increase. This 

followed a 0.2 percent February decrease. 

 Transportation equipment, up three of the last four 

months, drove the increase, $3.5 billion or 4.6 percent to $78.3 billion. 

 

 

 Shipments of manufactured nondurable goods, down 

eight of the last nine months, decreased $0.6 billion or 

0.3 percent to $235.3 billion. This followed a 1.1 

percent February increase. Petroleum and coal products, 

also down eight of the last nine months, drove the 

decrease, $0.9 billion or 1.8 percent to $50.9 billion. 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

March, up following three consecutive monthly 

decreases, increased $1.0 billion or 0.1 percent to 

$1,157.3 billion, up $0.8 billion from the previously 

published increase. This followed a 0.5 percent 

February decrease. 

 

 Transportation equipment, also up following three 

consecutive monthly decreases, drove the increase, $2.1 

billion or 0.3 percent to $734.3 billion. 

Inventories 

 Inventories of manufactured durable goods in March, 

up twenty-three of the last twenty-four months, 

increased $0.3 billion or 0.1 percent to $413.1 billion, 

virtually unchanged from the previously published 

increase. This was at the highest level since the series 

was first published on a NAICS basis in 1992 and 

followed a 0.2 percent February increase. 

 

 Computers and electronic products, up seven of the 

last eight months, drove the increase, $0.4 billion or 0.8 

percent to $50.2 billion. 

 Inventories of manufactured nondurable goods, down 

ten consecutive months, decreased $1.5 billion or 0.6 

percent to $236.1 billion. This followed a 0.3 percent 

February decrease. Petroleum and coal products, down 

nine of the last ten months, led the decrease, $1.1 billion 

or 3.1 percent to $34.1 billion. 

 By stage of fabrication, March materials and supplies 

increased 0.3 percent in durable goods and decreased 0.8 

percent in nondurable goods. Work in process increased 

0.1 percent in durable goods and decreased 1.1 percent 

in nondurable goods. Finished goods decreased 0.3 

percent in durable goods and decreased 0.3 percent in 

nondurable goods. 

Figures in text are adjusted for seasonality, but not for inflation. Figures on new and unfilled orders exclude data for semiconductor manufacturing. For 

data, call (301) 763-4673 or go to www.census.gov/m3. The Advance Report on durable goods for April is scheduled for release on May 26, 2015 at 8:30 

a.m. EDT and the Full Report on June 2, 2015 at 10:00 a.m. EDT. See back page for survey description. To receive the latest updates on the Nation's key 

economic indicators, download the America's Economy app for Apple and Android smartphones and tablets. To learn more about this release and the 

other indicators the U.S. Census Bureau publishes, join us for the Investigating Economic Indicators Webinar Series. For more information, 

visit www.census.gov/econ/webinar. 

“Virtually unchanged” indicates that the change is less than 0.05 percent for a percent increase or decrease. 
 2 

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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2015/

2015p 2015r 2015 Mar. Feb. Jan. 2015p 2015r 2015 2014 2015p 2014 2014

 All manufacturing industries.................. 482,197 479,921 477,790 0.5 0.4 -2.3 506,739 444,561 436,374 517,540 1,387,674 1,433,551 -3.2

 Excluding transportation................... 403,905 405,091 403,351 -0.3 0.4 -2.5 418,791 374,143 373,530 440,541 1,166,464 1,231,253 -5.3

 Excluding defense.............................. 470,122 468,606 466,580 0.3 0.4 -2.0 492,989 434,008 427,338 503,994 1,354,335 1,399,311 -3.2

 With unfilled orders............................ 173,465 172,449 173,189 0.6 -0.4 -1.1 188,286 159,961 152,658 179,785 500,905 479,603 4.4

 Durable goods industries......................... 246,935 244,042 244,516 1.2 -0.2 -1.4 265,521 225,592 217,078 253,707 708,191 683,263 3.6

 Wood products....................................... 8,115 8,282 8,307 -2.0 -0.3 0.5 7,995 7,264 7,031 7,596 22,290 20,648 8.0

 Nonmetallic mineral products.................... 9,219 9,193 9,364 0.3 -1.8 0.0 8,919 7,665 7,938 8,477 24,522 23,310 5.2

 Primary metals....................................... 25,839 26,000 26,577 -0.6 -2.2 -2.7 27,024 24,944 25,996 27,312 77,964 78,280 -0.4

 Iron and steel mills............................ 9,698 9,952 10,502 -2.6 -5.2 -4.1 10,156 9,469 10,339 11,272 29,964 32,296 -7.2

 Aluminum and nonferrous metals.......... 14,378 14,323 14,337 0.4 -0.1 -1.4 14,947 13,831 14,047 14,179 42,825 40,869 4.8

 Ferrous metal foundries....................... 1,763 1,725 1,738 2.2 -0.7 -3.9 1,921 1,644 1,610 1,861 5,175 5,115 1.2

 Fabricated metal products....................... 30,179 30,264 30,518 -0.3 -0.8 -1.6 31,043 28,081 28,108 30,154 87,232 84,532 3.2

 Machinery............................................. 34,731 35,337 35,242 -1.7 0.3 -2.6 37,969 32,872 30,433 40,115 101,274 103,589 -2.2

 Farm machinery................................. 979 1,017 1,053 -3.7 -3.4 -12.0 1,390 1,243 1,029 2,851 3,662 7,037 -48.0

 Construction machinery..................... 4,719 4,788 4,727 -1.4 1.3 7.6 5,156 4,393 4,033 5,179 13,582 13,191 3.0

 Mining, oil field, and 

 gas field machinery.......................... 1,831 1,927 2,064 -5.0 -6.6 -3.6 1,923 1,787 1,884 2,449 5,594 6,496 -13.9

 Industrial machinery.......................... 4,410 4,792 4,944 -8.0 -3.1 -5.1 5,005 4,184 3,799 5,795 12,988 13,079 -0.7

 Photographic equipment...................... 675 659 660 2.4 -0.2 -9.8 722 583 542 731 1,847 2,016 -8.4

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,812 3,778 3,773 0.9 0.1 -1.6 3,853 3,035 3,024 3,686 9,912 9,623 3.0

 Metalworking machinery..................... 3,359 3,371 3,331 -0.4 1.2 1.2 3,596 2,947 2,940 3,480 9,483 9,032 5.0

 Turbines, generators, and other

 power transmission equipment....... 4,271 4,207 4,086 1.5 3.0 -7.0 4,475 4,187 3,733 4,252 12,395 11,368 9.0

 Material handling equipment............... 2,954 2,893 2,893 2.1 0.0 -2.1 3,205 2,735 2,583 3,076 8,523 8,640 -1.4

 Computers and electronic products2

.......... 29,067 28,574 28,340 1.7 0.8 -1.2 31,397 24,653 25,634 30,974 81,684 82,395 -0.9

 Computers........................................ 436 343 325 27.1 5.5 -1.8 517 248 262 504 1,027 1,204 -14.7

 Computer storage devices..................... 752 702 682 7.1 2.9 -7.8 1,168 428 475 1,510 2,071 2,859 -27.6

 Other peripheral equipment................ 1,003 937 958 7.0 -2.2 15.4 1,230 657 635 963 2,522 2,122 18.9

 Nondefense communications

 equipment.................................... 3,427 3,359 3,307 2.0 1.6 -0.5 4,090 2,845 2,688 4,016 9,623 9,735 -1.2

 Defense communications equipment.... 419 397 379 5.5 4.7 -3.1 439 381 336 357 1,156 1,135 1.9

 Audio and video equipment.................... 306 298 280 2.7 6.4 -1.8 322 251 213 424 786 998 -21.2

 Electronic components......................... 4,147 3,979 3,809 4.2 4.5 1.9 4,474 3,530 3,420 3,625 11,424 9,918 15.2

 Nondefense search and navigation

 equipment...................................... 1,494 1,407 1,377 6.2 2.2 -0.1 1,795 1,331 1,142 1,595 4,268 4,007 6.5

 Defense search and navigation

 equipment..................................... 2,995 2,814 2,805 6.4 0.3 -2.4 3,251 2,726 2,282 3,143 8,259 8,298 -0.5

 Electromedical, measuring,

 and control instruments................. 7,008 6,986 7,189 0.3 -2.8 -1.4 8,137 6,301 6,031 7,765 20,469 19,221 6.5

 Electrical equipment, appliances, 

 and components................................... 10,336 10,478 10,507 -1.4 -0.3 -1.8 10,960 9,610 9,344 11,029 29,914 29,532 1.3

 Electric lighting equipment..................... 826 844 831 -2.1 1.6 -2.0 871 797 753 980 2,421 2,570 -5.8

 Household appliances........................ 1,674 1,725 1,763 -3.0 -2.2 -2.8 1,777 1,538 1,428 1,896 4,743 4,842 -2.0

 Electrical equipment............................ 3,320 3,396 3,409 -2.2 -0.4 -0.5 3,676 3,123 2,994 3,806 9,793 9,823 -0.3

 Batteries........................................... 1,007 1,019 1,033 -1.2 -1.4 -3.2 973 865 888 977 2,726 2,745 -0.7

 Transportation equipment........................ 78,292 74,830 74,439 4.6 0.5 -1.1 87,948 70,418 62,844 76,999 221,210 202,298 9.3

 Automobiles..................................... 10,648 9,334 9,156 14.1 1.9 -10.0 11,431 8,929 8,205 9,577 28,565 27,965 2.1

 Light trucks and utility vehicles.............. 14,557 13,791 13,675 5.6 0.8 -2.3 16,515 13,426 11,779 15,029 41,720 39,419 5.8

 Heavy duty trucks ............................. 3,155 3,071 2,906 2.7 5.7 2.3 3,362 2,776 2,571 2,633 8,709 6,966 25.0

 Motor vehicle bodies, parts, 

 and trailers.................................... 22,995 22,215 22,269 3.5 -0.2 -0.5 25,023 21,880 20,497 21,973 67,400 61,199 10.1

 Nondefense aircraft and parts................ 14,198 14,161 14,304 0.3 -1.0 10.4 16,849 12,133 10,313 14,101 39,295 33,003 19.1

 Defense aircraft and parts.................. 4,506 4,241 3,994 6.2 6.2 -14.5 5,366 3,708 3,077 5,650 12,151 13,170 -7.7

 Ships and boats................................. 2,333 2,392 2,313 -2.5 3.4 -14.1 2,516 2,307 1,856 2,571 6,679 6,669 0.1

 Furniture and related products.................. 6,089 6,005 6,069 1.4 -1.1 -1.0 6,187 5,792 5,728 5,730 17,707 16,452 7.6

 Miscellaneous durable goods................. 15,068 15,079 15,153 -0.1 -0.5 1.1 16,079 14,293 14,022 15,321 44,394 42,227 5.1

 Nondurable goods industries..................... 235,262 235,879 233,274 -0.3 1.1 -3.2 241,218 218,969 219,296 263,833 679,483 750,288 -9.4

 Food products....................................... 65,675 65,857 66,443 -0.3 -0.9 -0.5 66,610 63,211 64,434 66,801 194,255 191,948 1.2

 Grain and oilseed milling....................... 7,503 7,571 7,796 -0.9 -2.9 0.4 7,579 7,234 7,821 7,867 22,634 23,371 -3.2

 Dairy products.................................. 9,098 9,271 9,412 -1.9 -1.5 -2.0 9,152 8,489 9,071 9,760 26,712 27,596 -3.2

 Meat, poultry, and seafood products... 19,834 19,902 20,166 -0.3 -1.3 -1.1 19,632 19,159 19,290 19,752 58,081 57,035 1.8

 Beverage and tobacco products................ 12,190 11,717 11,732 4.0 -0.1 -3.8 12,197 10,702 10,537 11,828 33,436 32,767 2.0

 Beverages......................................... 8,718 8,580 8,564 1.6 0.2 -2.0 8,725 7,565 7,369 8,719 23,659 23,958 -1.2

 Tobacco............................................ 3,472 3,137 3,168 10.7 -1.0 -8.4 3,472 3,137 3,168 3,109 9,777 8,809 11.0

 Textile mills........................................... 2,635 2,610 2,638 1.0 -1.1 -0.2 2,744 2,498 2,457 2,825 7,699 7,840 -1.8

 Textile products................................... 1,980 2,016 2,210 -1.8 -8.8 4.2 2,061 1,989 1,994 2,124 6,044 5,883 2.7

 Apparel................................................ 1,304 1,292 1,294 0.9 -0.2 -1.7 1,221 1,229 1,159 1,091 3,609 3,206 12.6

 Leather and allied products...................... 505 487 503 3.7 -3.2 0.0 525 488 451 501 1,464 1,437 1.9

 Paper products...................................... 14,454 14,423 14,556 0.2 -0.9 -0.7 14,676 13,433 14,135 14,481 42,244 41,968 0.7

 Pulp, paper, and paperboard mills....... 6,595 6,630 6,740 -0.5 -1.6 -0.9 6,682 6,195 6,645 6,775 19,522 19,691 -0.9

 Paperboard containers........................ 4,637 4,577 4,617 1.3 -0.9 0.4 4,725 4,193 4,463 4,429 13,381 12,829 4.3

 Printing................................................. 6,656 6,603 6,601 0.8 0.0 1.0 6,903 5,930 6,238 6,586 19,071 18,438 3.4

 Petroleum and coal products.................. 50,904 51,821 47,466 -1.8 9.2 -10.7 50,333 45,378 43,092 71,441 138,803 205,514 -32.5

 Petroleum refineries.......................... 47,513 48,446 43,895 -1.9 10.4 -11.2 47,113 42,563 40,403 68,069 130,079 196,447 -33.8

 Chemical products..................................... 60,554 60,733 61,136 -0.3 -0.7 -1.7 64,625 57,036 57,358 66,458 179,019 186,084 -3.8

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,994 3,120 2,921 -4.0 6.8 -4.1 4,130 3,211 2,581 3,709 9,922 8,878 11.8

 Pharmaceuticals and medicines............. 15,123 14,888 14,606 1.6 1.9 2.2 15,913 13,754 13,890 15,171 43,557 43,845 -0.7

 Paints, coatings, and adhesives.......... 3,075 3,025 3,108 1.7 -2.7 -1.9 3,273 2,734 2,725 3,240 8,732 8,672 0.7

 Plastics and rubber products.................. 18,405 18,320 18,695 0.5 -2.0 -1.3 19,323 17,075 17,441 19,697 53,839 55,203 -2.5

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.

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

2 Estimates and percent changes of shipments for the semiconductor industry are no longer shown separately, but are included in computers and electronic products, and all other applicable

 aggregate totals. 

Year to date
 3

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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2015/

2015p 2015r 2015 Mar. Feb. Jan. 2015p 2015r 2015 2014 2015p 2014 2014

All manufacturing industries2........................ 476,490 466,871 467,546 2.1 -0.1 -0.7 502,219 436,600 428,621 519,578 1,367,440 1,436,210 -4.8

 Excluding transportation2

...................... 396,116 396,044 395,501 0.0 0.1 -2.3 413,933 371,444 369,395 439,197 1,154,772 1,227,804 -5.9

 Excluding defense2

.............................. 464,150 458,341 457,926 1.3 0.1 -0.6 487,432 428,426 420,885 505,264 1,336,743 1,404,527 -4.8

 With unfilled orders2

............................. 174,508 166,411 169,887 4.9 -2.0 3.4 189,426 157,659 152,795 188,603 499,880 504,313 -0.9

 Durable goods industries2......................... 241,228 230,992 234,272 4.4 -1.4 1.9 261,001 217,631 209,325 255,745 687,957 685,922 0.3

 Primary metals........................................ 25,559 25,761 25,895 -0.8 -0.5 -1.5 26,845 25,177 26,320 28,054 78,342 80,964 -3.2

 Iron and steel mills.............................. 9,288 9,762 9,884 -4.9 -1.2 -3.9 9,769 9,765 10,536 11,875 30,070 34,225 -12.1

 Aluminum and nonferrous metals.......... 14,745 14,337 14,199 2.8 1.0 0.2 15,467 13,736 13,876 14,298 43,079 41,247 4.4

 Ferrous metal foundries....................... 1,526 1,662 1,812 -8.2 -8.3 -1.4 1,609 1,676 1,908 1,881 5,193 5,492 -5.4

 Fabricated metal products........................ 29,267 29,269 30,173 0.0 -3.0 -2.3 31,678 29,036 28,643 31,501 89,357 87,594 2.0

 Machinery............................................. 33,421 33,884 34,771 -1.4 -2.6 -0.2 36,067 32,662 32,060 41,117 100,789 111,116 -9.3

 Construction machinery........................ 3,708 4,001 3,770 -7.3 6.1 -5.7 3,853 4,054 3,558 6,099 11,465 16,520 -30.6

 Mining, oil field, and

 gas field machinery.......................... 1,622 1,547 1,897 4.8 -18.5 -0.1 1,476 1,877 1,786 2,183 5,139 7,389 -30.5

 Industrial machinery............................ 4,117 4,684 5,187 -12.1 -9.7 2.9 4,701 4,002 4,304 6,041 13,007 13,036 -0.2

 Photographic equipment....................... 1,014 578 617 75.4 -6.3 -23.1 995 471 636 518 2,102 1,885 11.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,070 3,885 3,697 4.8 5.1 -3.4 4,088 3,107 3,296 3,452 10,491 10,165 3.2

 Metalworking machinery....................... 3,426 3,369 3,287 1.7 2.5 2.7 3,554 3,081 3,073 3,213 9,708 9,185 5.7

 Turbines, generators, and other 

 power transmission equipment........... 3,776 3,763 4,324 0.3 -13.0 18.9 3,908 3,679 4,044 4,707 11,631 12,666 -8.2

 Material handling equipment.................. 2,902 3,141 3,030 -7.6 3.7 -6.2 3,327 3,150 2,900 3,568 9,377 9,476 -1.0

 Computers and electronic products2

........... 23,611 22,034 22,140 7.2 -0.5 0.8 27,494 20,226 18,683 25,932 66,403 63,728 4.2

 Computers........................................ 488 384 368 27.1 4.3 23.9 569 289 305 528 1,163 1,037 12.2

 Nondefense communications

 equipment...................................... 3,890 3,682 3,746 5.6 -1.7 -2.1 4,664 3,603 3,130 4,925 11,397 12,169 -6.3

 Defense communications equipment....... 328 525 365 -37.5 43.8 27.2 411 516 313 357 1,240 938 32.2

 Electronic components......................... 4,126 4,063 3,926 1.6 3.5 3.6 4,300 3,831 3,680 3,523 11,811 10,126 16.6

 Nondefense search and navigation

 equipment...................................... 2,029 1,768 1,678 14.8 5.4 -4.9 2,219 1,679 1,496 1,783 5,394 4,832 11.6

 Defense search and navigation

 equipment...................................... 3,379 2,383 2,740 41.8 -13.0 7.1 3,928 2,299 2,077 3,614 8,304 7,740 7.3

 Electromedical, measuring,

 and control instruments..................... 6,980 6,952 7,110 0.4 -2.2 -3.2 8,369 6,377 6,099 8,013 20,845 20,060 3.9

 Electrical equipment, appliances, 

 and components................................... 10,469 10,567 10,244 -0.9 3.2 -5.4 11,069 9,982 9,639 11,268 30,690 30,990 -1.0

 Electric lighting equipment..................... 830 854 819 -2.8 4.3 -1.2 844 819 747 879 2,410 2,523 -4.5

 Household appliances.......................... 1,722 1,702 1,774 1.2 -4.1 -6.5 1,831 1,436 1,532 1,890 4,799 4,851 -1.1

 Electrical equipment............................ 3,475 3,455 3,419 0.6 1.1 -3.9 3,788 3,259 3,292 3,880 10,339 10,391 -0.5

 Transportation equipment........................ 80,374 70,827 72,045 13.5 -1.7 8.9 88,286 65,156 59,226 80,381 212,668 208,406 2.0

 Motor vehicle bodies, parts, 

 and trailers..................................... 22,878 22,128 22,514 3.4 -1.7 0.4 24,579 22,188 20,945 21,900 67,712 61,651 9.8

 Nondefense aircraft and parts................ 16,314 12,488 12,764 30.6 -2.2 122.3 17,498 8,732 7,038 16,880 33,268 40,184 -17.2

 Defense aircraft and parts.................... 4,696 2,313 3,448 103.0 -32.9 -11.6 5,080 1,550 3,087 4,774 9,717 12,188 -20.3

 Ships and boats.................................. 2,001 1,860 1,604 7.6 16.0 -34.9 2,137 2,255 1,478 3,839 5,870 7,269 -19.2

 Furniture and related products................... 6,110 6,054 6,219 0.9 -2.7 0.1 6,554 6,128 5,802 6,154 18,484 17,076 8.2

 Nondurable goods industries..................... 235,262 235,879 233,274 -0.3 1.1 -3.2 241,218 218,969 219,296 263,833 679,483 750,288 -9.4

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/>.

Year to date
 4 

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 Mar.

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2015/

2015p 2015r 2015 Mar. Feb. Jan. 2015p 2015r 2015 2014 2014

All manufacturing industries2...................... 1,157,254 1,156,211 1,162,249 0.1 -0.5 -0.3 1,166,818 1,165,678 1,167,980 1,084,988 7.5

 Excluding transportation2...................... 422,908 423,947 425,982 -0.2 -0.5 -0.2 426,993 426,191 423,231 412,439 3.5

 Excluding defense2

............................. 974,729 973,951 977,204 0.1 -0.3 -0.2 983,186 983,083 983,006 896,641 9.7

 Durable goods industries2........................ 1,157,254 1,156,211 1,162,249 0.1 -0.5 -0.3 1,166,818 1,165,678 1,167,980 1,084,988 7.5

 Primary metals........................................ 38,117 38,397 38,636 -0.7 -0.6 -1.7 39,252 39,431 39,198 38,737 1.3

 Iron and steel mills............................... 17,979 18,389 18,579 -2.2 -1.0 -3.2 18,911 19,298 19,002 19,646 -3.7

 Aluminum and nonferrous metals............. 15,693 15,326 15,312 2.4 0.1 -0.9 15,767 15,247 15,342 14,697 7.3

 Ferrous metal foundries........................ 4,445 4,682 4,745 -5.1 -1.3 1.6 4,574 4,886 4,854 4,394 4.1

 Fabricated metal products......................... 85,548 86,460 87,455 -1.1 -1.1 -0.4 86,976 86,341 85,386 86,859 0.1

 Machinery.............................................. 114,902 116,212 117,665 -1.1 -1.2 -0.4 115,359 117,261 117,471 115,274 0.1

 Construction machinery......................... 13,092 14,103 14,890 -7.2 -5.3 -6.0 13,332 14,635 14,974 14,689 -9.2

 Mining, oil field, and

 gas field machinery.......................... 12,722 12,931 13,311 -1.6 -2.9 -1.2 12,675 13,122 13,032 14,885 -14.8

 Industrial machinery............................. 7,882 8,175 8,283 -3.6 -1.3 3.0 7,746 8,050 8,232 8,436 -8.2

 Photographic equipment........................ 3,665 3,326 3,407 10.2 -2.4 -1.2 3,539 3,266 3,378 3,848 -8.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,320 7,062 6,955 3.7 1.5 -1.1 7,389 7,154 7,082 5,971 23.7

 Metalworking machinery........................ 5,654 5,587 5,589 1.2 0.0 -0.8 5,684 5,726 5,592 5,978 -4.9

 Turbines, generators, and other 

 power transmission equipment............ 27,608 28,103 28,547 -1.8 -1.6 0.8 27,674 28,241 28,749 27,507 0.6

 Material handling equipment................... 12,934 12,986 12,738 -0.4 1.9 1.1 13,178 13,056 12,641 11,254 17.1

 Computers and electronic products2............. 149,993 148,699 148,227 0.9 0.3 0.5 150,671 148,914 147,682 140,355 7.3

 Computers......................................... 4,330 4,278 4,237 1.2 1.0 1.0 4,330 4,278 4,237 3,222 34.4

 Nondefense communications

 equipment...................................... 37,498 37,035 36,712 1.3 0.9 1.2 37,777 37,203 36,445 34,226 10.4

 Defense communications equipment........ 3,297 3,388 3,260 -2.7 3.9 -0.4 3,350 3,378 3,243 3,538 -5.3

 Electronic components.......................... 13,206 13,227 13,143 -0.2 0.6 0.9 13,234 13,408 13,107 12,775 3.6

 Nondefense search and navigation

 equipment....................................... 23,485 22,950 22,589 2.3 1.6 1.4 23,143 22,719 22,371 18,570 24.6

 Defense search and navigation

 equipment....................................... 41,093 40,709 41,140 0.9 -1.0 -0.2 41,354 40,677 41,104 41,386 -0.1

 Electromedical, measuring,

 and control instruments...................... 27,084 27,112 27,146 -0.1 -0.1 -0.3 27,483 27,251 27,175 26,638 3.2

 Electrical equipment, appliances, 

 and components.................................... 25,883 25,750 25,661 0.5 0.3 -1.0 26,178 26,069 25,697 23,748 10.2

 Electric lighting equipment..................... 1,164 1,160 1,150 0.3 0.9 -1.0 1,130 1,157 1,135 1,084 4.2

 Household appliances........................... 978 930 953 5.2 -2.4 1.2 997 943 1,045 768 29.8

 Electrical equipment............................. 13,024 12,869 12,810 1.2 0.5 0.1 13,066 12,954 12,818 11,822 10.5

 Transportation equipment......................... 734,346 732,264 736,267 0.3 -0.5 -0.3 739,825 739,487 744,749 672,549 10.0

 Motor vehicle bodies, parts, 

 and trailers...................................... 17,849 17,966 18,053 -0.7 -0.5 1.4 18,348 18,792 18,484 16,968 8.1

 Nondefense aircraft and parts................ 567,325 565,209 566,882 0.4 -0.3 -0.3 571,791 571,142 574,543 502,889 13.7

 Defense aircraft and parts..................... 60,430 60,240 62,168 0.3 -3.1 -0.9 60,886 61,172 63,330 63,529 -4.2

 Ships and boats.................................. 17,546 17,878 18,410 -1.9 -2.9 -3.7 17,390 17,769 17,821 18,713 -7.1

 Furniture and related products................... 7,166 7,145 7,096 0.3 0.7 2.2 7,258 6,891 6,555 6,425 13.0

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

1

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

adjusted estimates of shipments and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday

and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates are not

adjusted for price changes.

2

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

See note at end of Table 2 relating to survey error and revision.
 5

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 Mar.

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2015/

2015p 2015r 2015 Mar. Feb. Jan. 2015p 2015r 2015 2014 2014

 All manufacturing industries...................... 649,137 650,265 650,081 -0.2 0.0 -0.4 648,439 654,409 647,078 645,101 0.5

 Excluding transportation........................ 513,889 514,976 515,880 -0.2 -0.2 -0.7 513,811 518,327 513,485 519,702 -1.1

 Excluding defense............................. 619,235 620,057 620,474 -0.1 -0.1 -0.5 618,364 623,997 617,558 615,776 0.4

 With unfilled orders............................. 338,913 339,233 338,265 -0.1 0.3 0.3 336,836 341,170 337,018 320,479 5.1

 Durable goods industries........................ 413,067 412,724 411,790 0.1 0.2 0.3 411,237 415,860 410,958 391,674 5.0

 Wood products........................................ 11,125 11,112 11,011 0.1 0.9 0.9 11,408 11,514 11,208 10,775 5.9

 Nonmetallic mineral products..................... 12,359 12,280 12,211 0.6 0.6 0.1 12,642 12,520 12,253 12,282 2.9

 Primary metals......................................... 37,373 38,180 38,943 -2.1 -2.0 0.8 37,323 38,666 39,179 35,714 4.5

 Iron and steel mills............................... 21,566 22,233 22,699 -3.0 -2.1 1.5 21,544 22,599 22,880 20,653 4.3

 Aluminum and nonferrous metals............ 13,524 13,665 13,984 -1.0 -2.3 -0.2 13,463 13,737 14,026 12,777 5.4

 Ferrous metal foundries........................ 2,283 2,282 2,260 0.0 1.0 -0.5 2,316 2,330 2,273 2,284 1.4

 Fabricated metal products......................... 51,171 51,121 51,138 0.1 0.0 0.7 51,213 51,359 51,035 48,880 4.8

 Machinery.............................................. 67,688 67,456 67,335 0.3 0.2 -0.4 67,270 67,998 66,948 65,636 2.5

 Farm machinery.................................. 3,320 3,355 3,478 -1.0 -3.5 -0.5 3,468 3,559 3,591 4,013 -13.6

 Construction machinery......................... 5,248 5,254 5,167 -0.1 1.7 -1.3 5,316 5,320 5,136 4,972 6.9

 Mining, oil field, 

 and gas field machinery.................... 6,752 6,754 6,832 0.0 -1.1 -0.2 6,751 6,754 6,751 6,796 -0.7

 Industrial machinery............................. 6,782 6,774 6,745 0.1 0.4 -0.1 6,793 6,820 6,608 6,612 2.7

 Photographic equipment....................... 1,590 1,563 1,511 1.7 3.4 -1.1 1,515 1,583 1,546 1,463 3.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,383 5,308 5,303 1.4 0.1 -1.6 5,463 5,382 5,094 4,931 10.8

 Metalworking machinery........................ 5,925 5,874 5,818 0.9 1.0 0.7 5,777 5,763 5,671 5,324 8.5

 Turbines, generators, and other

 power transmission equipment............ 10,652 10,639 10,603 0.1 0.3 -0.2 10,113 10,744 10,523 9,981 1.3

 Material handling equipment.................. 4,877 4,819 4,736 1.2 1.8 0.0 4,826 4,739 4,645 4,576 5.5

 Computers and electronic products2

............ 50,185 49,776 49,417 0.8 0.7 0.4 49,328 50,150 49,291 47,033 4.9

 Computers......................................... 929 952 946 -2.4 0.6 7.0 851 955 909 825 3.2

 Computer storage devices.................... 2,062 2,083 2,093 -1.0 -0.5 -0.2 1,868 2,147 2,078 1,852 0.9

 Other peripheral equipment................... 1,592 1,674 1,729 -4.9 -3.2 -1.7 1,511 1,700 1,714 1,720 -12.2

 Nondefense communications

 equipment...................................... 6,290 6,265 6,259 0.4 0.1 0.4 6,218 6,405 6,297 6,488 -4.2

 Defense communications equipment........ 1,004 1,010 1,009 -0.6 0.1 0.1 1,004 1,010 1,009 1,235 -18.7

 Audio and video equipment.................... 961 945 930 1.7 1.6 -0.4 861 897 914 720 19.6

 Electronic components.......................... 9,594 9,597 9,258 0.0 3.7 0.8 9,492 9,678 9,450 8,618 10.1

 Nondefense search and navigation

 equipment...................................... 3,937 3,936 3,905 0.0 0.8 0.3 3,913 3,952 3,905 3,651 7.2

 Defense search and navigation

 equipment....................................... 3,587 3,282 3,326 9.3 -1.3 -5.0 3,562 3,319 3,301 3,087 15.4

 Electromedical, measuring 

 and control instruments...................... 13,061 12,977 12,828 0.6 1.2 0.0 12,851 13,078 12,689 12,376 3.8

 Electrical equipment, appliances, 

 and components.................................... 16,750 16,702 16,668 0.3 0.2 0.2 16,686 16,868 16,670 16,527 1.0

 Electric lighting equipment..................... 2,306 2,286 2,283 0.9 0.1 -0.5 2,259 2,266 2,286 2,167 4.2

 Household appliances........................... 1,969 1,954 1,948 0.8 0.3 0.2 1,965 1,983 1,921 1,928 1.9

 Electrical equipment............................. 4,757 4,757 4,744 0.0 0.3 0.0 4,708 4,867 4,788 4,765 -1.2

 Batteries............................................ 1,198 1,199 1,198 -0.1 0.1 0.7 1,178 1,174 1,168 1,176 0.2

 Transportation equipment......................... 135,248 135,289 134,201 0.0 0.8 0.4 134,628 136,082 133,593 125,399 7.4

 Automobiles....................................... 3,270 3,064 2,945 6.7 4.0 2.3 3,334 3,168 2,986 2,795 19.3

 Light trucks and utility vehicles.............. 2,945 2,921 2,877 0.8 1.5 0.8 2,988 3,045 2,934 2,718 9.9

 Heavy duty trucks ............................... 1,744 1,691 1,704 3.1 -0.8 3.6 1,742 1,786 1,768 1,615 7.9

 Motor vehicle bodies, parts, 

 and trailers...................................... 21,301 20,966 20,516 1.6 2.2 1.2 21,163 21,083 20,760 18,884 12.1

 Nondefense aircraft and parts................ 75,722 75,742 76,000 0.0 -0.3 0.1 75,063 75,926 75,080 69,811 7.5

 Defense aircraft and parts..................... 14,265 14,618 14,528 -2.4 0.6 2.7 14,265 14,667 14,442 14,145 0.8

 Ships and boats.................................. 2,206 2,296 2,253 -3.9 1.9 -1.6 2,250 2,339 2,259 2,534 -11.2

 Furniture and related products.................... 6,567 6,530 6,449 0.6 1.3 1.1 6,395 6,457 6,400 5,945 7.6

 Miscellaneous durable goods..................... 24,601 24,278 24,417 1.3 -0.6 -0.8 24,344 24,246 24,381 23,483 3.7

 Nondurable goods industries...................... 236,070 237,541 238,291 -0.6 -0.3 -1.7 237,202 238,549 236,120 253,427 -6.4

 Food products........................................ 46,703 46,805 47,060 -0.2 -0.5 0.1 45,473 46,269 46,768 45,776 -0.7

 Grain and oilseed milling........................ 4,632 4,657 4,736 -0.5 -1.7 -0.4 4,576 4,707 4,928 5,024 -8.9

 Dairy products.................................... 6,209 6,265 6,326 -0.9 -1.0 -2.8 6,187 6,150 6,043 6,185 0.0

 Meat, poultry, and seafood products....... 9,261 9,434 9,423 -1.8 0.1 1.0 9,131 9,320 9,241 9,214 -0.9

 Beverage and tobacco products................ 21,342 21,292 21,232 0.2 0.3 -0.5 21,535 21,702 21,542 20,754 3.8

 Beverages......................................... 16,900 16,848 16,805 0.3 0.3 -0.6 17,008 17,032 16,884 16,501 3.1

 Tobacco............................................ 4,442 4,444 4,427 0.0 0.4 -0.1 4,527 4,670 4,658 4,253 6.4

 Textile mills............................................ 3,471 3,472 3,472 0.0 0.0 -0.5 3,462 3,472 3,475 3,445 0.5

 Textile products...................................... 3,057 3,054 3,049 0.1 0.2 -0.7 3,047 3,049 3,044 3,145 -3.1

 Apparel................................................. 3,107 3,092 3,058 0.5 1.1 2.4 2,976 3,060 3,040 2,407 23.6

 Leather and allied products....................... 1,089 1,087 1,092 0.2 -0.5 -0.5 1,052 1,067 1,089 1,011 4.1

 Paper products....................................... 14,809 14,850 14,867 -0.3 -0.1 0.4 14,926 15,003 14,909 14,652 1.9

 Pulp, paper, and paperboard mills........... 6,281 6,266 6,298 0.2 -0.5 0.4 6,363 6,352 6,326 6,134 3.7

 Paperboard containers......................... 4,426 4,475 4,467 -1.1 0.2 0.2 4,459 4,546 4,516 4,333 2.9

 Printing.................................................. 5,982 6,005 6,021 -0.4 -0.3 0.6 5,952 5,921 5,818 5,759 3.4

 Petroleum and coal products..................... 34,112 35,188 35,026 -3.1 0.5 -9.0 34,453 34,743 33,262 49,420 -30.3

 Petroleum refineries............................. 30,226 31,365 31,189 -3.6 0.6 -10.1 30,640 30,877 29,390 45,795 -33.1

 Chemical products..................................... 80,471 80,537 81,060 -0.1 -0.6 -0.7 81,826 81,594 80,809 83,767 -2.3

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 3,950 4,040 4,155 -2.2 -2.8 -2.4 4,358 4,528 4,585 4,864 -10.4

 Pharmaceuticals and medicines.............. 31,446 31,078 31,110 1.2 -0.1 -0.3 32,076 31,439 30,767 32,177 -0.3

 Paints, coatings, and adhesives.............. 3,520 3,502 3,500 0.5 0.1 0.0 3,634 3,590 3,514 3,450 5.3

 Plastics and rubber products..................... 21,927 22,159 22,354 -1.0 -0.9 -0.2 22,500 22,669 22,364 23,291 -3.4

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, but are not shown separately. 

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

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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2015/

2015p 2015r 2015 Mar. Feb. Jan. 2015p 2015r 2015 2014 2015p 2014 2014

SHIPMENTS

 All manufacturing industries................... 482,197 479,921 477,790 0.5 0.4 -2.3 506,739 444,561 436,374 517,540 1,387,674 1,433,551 -3.2

 Construction materials and supplies....... 45,711 45,816 46,342 -0.2 -1.1 -1.0 45,574 40,163 40,247 44,000 125,984 120,792 4.3

 Information technology......................... 22,354 21,736 21,720 2.8 0.1 -1.1 25,648 19,334 18,147 24,670 63,129 61,994 1.8

 Computers and related products........... 2,191 1,982 1,965 10.5 0.9 3.4 2,915 1,333 1,372 2,977 5,620 6,185 -9.1

 Motor vehicle and parts......................... 51,355 48,411 48,006 6.1 0.8 -2.8 56,331 47,011 43,052 49,212 146,394 135,549 8.0

 Capital goods...................................... 89,650 89,205 89,146 0.5 0.1 -0.9 100,159 81,408 74,676 96,587 256,243 246,471 4.0

 Nondefense capital goods3

.................. 79,810 80,093 80,098 -0.4 0.0 0.8 88,933 72,724 67,361 85,825 229,018 218,621 4.8

 Excluding aircraft............................. 69,681 69,932 69,789 -0.4 0.2 -0.6 76,944 64,261 60,776 75,814 201,981 196,493 2.8

 Defense capital goods4........................ 9,840 9,112 9,048 8.0 0.7 -13.6 11,226 8,684 7,315 10,762 27,225 27,850 -2.2

 Consumer goods.................................. 195,031 193,509 189,487 0.8 2.1 -3.7 200,683 180,976 176,829 217,224 558,488 617,785 -9.6

 Consumer durable goods..................... 39,334 37,298 37,182 5.5 0.3 -3.3 43,411 36,206 32,704 39,811 112,321 108,007 4.0

 Consumer nondurable goods................ 155,697 156,211 152,305 -0.3 2.6 -3.8 157,272 144,770 144,125 177,413 446,167 509,778 -12.5

 All manufacturing industries5

................... 476,490 466,871 467,546 2.1 -0.1 -0.7 502,219 436,600 428,621 519,578 1,367,440 1,436,210 -4.8

 Construction materials and supplies....... 45,848 45,725 46,332 0.3 -1.3 0.1 46,505 40,520 40,807 44,977 127,832 123,933 3.1

 Information technology......................... 23,934 22,086 22,030 8.4 0.3 -1.9 27,822 20,469 18,819 26,569 67,110 65,967 1.7

 Computers and related products........... 2,243 2,023 2,008 10.9 0.7 7.6 2,967 1,374 1,415 3,001 5,756 6,018 -4.4

 Motor vehicle and parts......................... 51,238 48,324 48,251 6.0 0.2 -2.4 55,887 47,319 43,500 49,139 146,706 136,001 7.9

 Capital goods...................................... 90,477 85,710 86,723 5.6 -1.2 7.1 101,179 80,221 72,072 102,659 253,472 258,355 -1.9

 Nondefense capital goods3

.................. 80,732 77,614 79,214 4.0 -2.0 8.5 88,830 71,611 66,536 90,839 226,977 232,453 -2.4

 Excluding aircraft............................. 68,708 68,647 70,062 0.1 -2.0 -0.3 76,404 66,108 63,655 79,385 206,167 209,319 -1.5

 Defense capital goods4........................ 9,745 8,096 7,509 20.4 7.8 -6.3 12,349 8,610 5,536 11,820 26,495 25,902 2.3

 Consumer goods.................................. 195,125 193,574 189,552 0.8 2.1 -3.8 200,855 181,145 177,037 217,314 559,037 618,051 -9.5

 Consumer durable goods..................... 39,428 37,363 37,247 5.5 0.3 -3.5 43,583 36,375 32,912 39,901 112,870 108,273 4.2

 Consumer nondurable goods.............. 155,697 156,211 152,305 -0.3 2.6 -3.8 157,272 144,770 144,125 177,413 446,167 509,778 -12.5

 All manufacturing industries5

................... 1,157,254 1,156,211 1,162,249 0.1 -0.5 -0.3 1,166,818 1,165,678 1,167,980 1,084,988 (X) (X) 7.5

 Construction materials and supplies....... 57,091 56,954 57,045 0.2 -0.2 0.0 57,495 56,564 56,207 54,042 (X) (X) 6.4

 Information technology......................... 151,169 149,589 149,239 1.1 0.2 0.2 151,961 149,787 148,652 141,502 (X) (X) 7.4

 Computers and related products........... 4,330 4,278 4,237 1.2 1.0 1.0 4,330 4,278 4,237 3,222 (X) (X) 34.4

 Motor vehicle and parts......................... 17,849 17,966 18,053 -0.7 -0.5 1.4 18,348 18,792 18,484 16,968 (X) (X) 8.1

 Capital goods...................................... 881,545 880,718 884,213 0.1 -0.4 -0.3 888,151 887,131 888,318 816,329 (X) (X) 8.8

 Nondefense capital goods3

.................. 729,104 728,182 730,661 0.1 -0.3 -0.1 734,599 734,702 735,815 657,703 (X) (X) 11.7

 Excluding aircraft............................. 251,791 252,764 254,049 -0.4 -0.5 0.1 253,429 253,969 252,122 241,471 (X) (X) 5.0

 Defense capital goods4

........................ 152,441 152,536 153,552 -0.1 -0.7 -1.0 153,552 152,429 152,503 158,626 (X) (X) -3.2

 Consumer goods.................................. 5,544 5,450 5,385 1.7 1.2 1.2 5,787 5,615 5,446 4,799 (X) (X) 20.6

 Consumer durable goods..................... 5,544 5,450 5,385 1.7 1.2 1.2 5,787 5,615 5,446 4,799 (X) (X) 20.6

 All manufacturing industries................... 649,137 650,265 650,081 -0.2 0.0 -0.4 648,439 654,409 647,078 645,101 (X) (X) 0.5

 Construction materials and supplies....... 67,087 66,704 66,458 0.6 0.4 0.4 67,823 67,616 66,482 64,415 (X) (X) 5.3

 Information technology......................... 41,736 41,392 41,231 0.8 0.4 -0.2 40,926 41,824 41,069 40,119 (X) (X) 2.0

 Computers and related products........... 4,583 4,709 4,768 -2.7 -1.2 0.6 4,230 4,802 4,701 4,397 (X) (X) -3.8

 Motor vehicle and parts......................... 29,260 28,642 28,042 2.2 2.1 1.4 29,227 29,082 28,448 26,012 (X) (X) 12.4

 Capital goods...................................... 211,349 211,425 210,630 0.0 0.4 -0.1 209,445 212,386 208,848 200,858 (X) (X) 4.3

 Nondefense capital goods3

.................. 186,785 186,607 186,486 0.1 0.1 -0.1 184,708 187,413 184,705 176,775 (X) (X) 4.5

 Excluding aircraft............................. 123,053 122,755 122,386 0.2 0.3 -0.3 121,539 123,515 121,566 119,081 (X) (X) 2.1

 Defense capital goods4

........................ 24,564 24,818 24,144 -1.0 2.8 0.4 24,737 24,973 24,143 24,083 (X) (X) 2.7

 Consumer goods.................................. 176,877 177,200 177,227 -0.2 0.0 -2.0 176,535 177,409 175,575 189,139 (X) (X) -6.7

 Consumer durable goods..................... 27,908 27,510 27,432 1.4 0.3 0.3 27,726 27,967 27,915 26,122 (X) (X) 6.1

 Consumer nondurable goods................ 148,969 149,690 149,795 -0.5 -0.1 -2.4 148,809 149,442 147,660 163,017 (X) (X) -8.7

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.

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

NEW ORDERS 

UNFILLED ORDERS 

TOTAL INVENTORIES 
 7

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 Mar.

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2015/

2015p 2015r 2015 Mar. Feb. Jan. 2015p 2015r 2015 2014 2014

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 209,064 209,227 209,632 -0.1 -0.2 -0.8 208,588 210,613 210,519 208,209 0.2

 Durable goods industries.......................... 132,890 132,437 132,414 0.3 0.0 -0.1 131,888 133,255 133,050 127,076 3.8

 Wood products................................... 4,162 4,143 4,053 0.5 2.2 -0.7 4,114 4,286 4,257 3,879 6.1

 Nonmetallic mineral products................. 4,422 4,373 4,315 1.1 1.3 0.1 4,438 4,395 4,328 4,483 -1.0

 Primary metals.................................... 14,585 14,864 15,222 -1.9 -2.4 0.9 14,318 14,879 15,482 13,483 6.2

 Fabricated metal products........................ 18,163 18,159 18,233 0.0 -0.4 1.1 17,988 18,139 18,313 17,617 2.1

 Machinery.......................................... 26,117 26,093 25,795 0.1 1.2 0.2 25,912 26,188 25,610 24,722 4.8

 Computers and electronic products........ 20,359 19,994 19,841 1.8 0.8 -0.3 20,193 20,015 20,043 18,862 7.1

 Electrical equipment, appliances,

 and components............................... 6,570 6,559 6,537 0.2 0.3 0.6 6,521 6,631 6,568 6,727 -3.1

 Transportation equipment..................... 27,925 27,734 27,605 0.7 0.5 -0.8 27,911 28,218 27,569 27,208 2.6

 Furniture and related products............... 3,191 3,206 3,196 -0.5 0.3 1.8 3,156 3,192 3,200 2,871 9.9

 Miscellaneous products......................... 7,396 7,312 7,617 1.1 -4.0 -3.3 7,337 7,312 7,680 7,224 1.6

 Nondurable goods industries...................... 76,174 76,790 77,218 -0.8 -0.6 -2.0 76,700 77,358 77,469 81,133 -5.5

 Food products.................................... 16,194 16,183 16,351 0.1 -1.0 -0.8 15,878 16,134 16,681 16,173 -1.8

 Beverage and tobacco products................. 5,387 5,365 5,403 0.4 -0.7 -0.2 5,518 5,579 5,592 5,403 2.1

 Textiles.............................................. 1,242 1,227 1,241 1.2 -1.1 -1.4 1,246 1,232 1,239 1,248 -0.2

 Textile products................................... 1,328 1,326 1,346 0.2 -1.5 -0.1 1,314 1,316 1,343 1,285 2.3

 Apparel............................................. 1,071 1,073 1,068 -0.2 0.5 9.3 1,059 1,064 1,069 812 30.4

 Leather and allied products.................... 281 287 295 -2.1 -2.7 -3.0 276 286 295 305 -9.5

 Paper products.................................... 7,138 7,173 7,106 -0.5 0.9 1.4 7,225 7,283 7,160 7,025 2.8

 Printing ............................................. 2,536 2,571 2,571 -1.4 0.0 0.5 2,557 2,566 2,535 2,497 2.4

 Petroleum and coal products................. 8,870 9,235 9,250 -4.0 -0.2 -11.6 9,135 9,176 8,848 12,905 -29.2

 Chemical products................................ 23,499 23,574 23,592 -0.3 -0.1 -1.1 23,680 23,748 23,601 24,152 -2.0

 Plastics and rubber products.................. 8,628 8,776 8,995 -1.7 -2.4 -1.1 8,812 8,974 9,106 9,328 -5.5

WORK IN PROCESS

 All manufacturing industries....................... 213,979 214,331 213,759 -0.2 0.3 -0.2 213,738 215,725 212,853 209,386 2.1

 Durable goods industries.......................... 168,468 168,298 167,664 0.1 0.4 0.4 167,139 168,866 166,687 155,940 7.2

 Wood products................................... 2,216 2,210 2,225 0.3 -0.7 6.1 2,258 2,246 2,216 1,978 14.2

 Nonmetallic mineral products................. 1,498 1,478 1,480 1.4 -0.1 0.6 1,553 1,522 1,485 1,435 8.2

 Primary metals.................................... 11,565 11,645 11,767 -0.7 -1.0 0.3 11,494 11,833 11,792 10,416 10.3

 Fabricated metal products........................ 14,146 14,047 14,116 0.7 -0.5 0.3 13,988 13,968 13,963 13,534 3.4

 Machinery.......................................... 19,967 19,782 19,937 0.9 -0.8 -0.4 19,648 19,853 19,732 18,620 5.5

 Computers and electronic products........ 16,485 16,427 16,206 0.4 1.4 1.7 16,288 16,587 15,972 15,918 2.3

 Electrical equipment, appliances,

 and components............................... 3,874 3,861 3,868 0.3 -0.2 -2.9 3,855 3,879 3,873 3,670 5.0

 Transportation equipment..................... 93,655 93,883 93,179 -0.2 0.8 0.5 93,039 94,009 92,808 85,617 8.7

 Furniture and related products............... 1,045 1,039 1,007 0.6 3.2 2.1 1,034 1,035 1,008 971 6.5

 Miscellaneous products......................... 4,017 3,926 3,879 2.3 1.2 -0.6 3,982 3,934 3,838 3,781 5.3

 Nondurable goods industries...................... 45,511 46,033 46,095 -1.1 -0.1 -2.7 46,599 46,859 46,166 53,446 -12.8

 Food products.................................... 4,798 4,825 4,794 -0.6 0.6 3.8 4,713 4,897 5,040 4,687 0.6

 Beverage and tobacco products................. 7,459 7,425 7,381 0.5 0.6 0.3 7,639 7,755 7,828 7,363 3.7

 Textiles.............................................. 751 775 763 -3.1 1.6 -1.8 743 769 761 756 -1.7

 Textile products................................... 446 444 444 0.5 0.0 0.9 448 446 444 440 1.8

 Apparel............................................. 384 380 374 1.1 1.6 -1.3 357 367 363 334 6.9

 Leather and allied products.................... 96 94 97 2.1 -3.1 6.6 97 95 97 99 -2.0

 Paper products.................................... 1,400 1,388 1,375 0.9 0.9 -0.6 1,399 1,390 1,381 1,402 -0.2

 Printing ............................................. 1,312 1,292 1,281 1.5 0.9 1.8 1,302 1,297 1,218 1,226 6.2

 Petroleum and coal products................. 7,965 8,735 8,658 -8.8 0.9 -10.8 8,277 8,796 7,919 15,043 -45.0

 Chemical products................................ 18,206 18,042 18,243 0.9 -1.1 -2.3 18,858 18,367 18,405 19,330 -2.4

 Plastics and rubber products.................. 2,694 2,633 2,685 2.3 -1.9 0.6 2,766 2,680 2,710 2,766 0.0

FINISHED GOODS

 All manufacturing industries....................... 226,094 226,707 226,690 -0.3 0.0 -0.3 226,113 228,071 223,706 227,506 -0.6

 Durable goods industries.......................... 111,709 111,989 111,712 -0.3 0.2 0.4 112,210 113,739 111,221 108,658 3.3

 Wood products................................... 4,747 4,759 4,733 -0.3 0.5 -0.1 5,036 4,982 4,735 4,918 2.4

 Nonmetallic mineral products................. 6,439 6,429 6,416 0.2 0.2 0.0 6,651 6,603 6,440 6,364 4.5

 Primary metals.................................... 11,223 11,671 11,954 -3.8 -2.4 1.0 11,511 11,954 11,905 11,815 -2.6

 Fabricated metal products........................ 18,862 18,915 18,789 -0.3 0.7 0.7 19,237 19,252 18,759 17,729 8.5

 Machinery.......................................... 21,604 21,581 21,603 0.1 -0.1 -1.0 21,710 21,957 21,606 22,294 -2.6

 Computers and electronic products........ 13,341 13,355 13,370 -0.1 -0.1 -0.2 12,847 13,548 13,276 12,253 4.8

 Electrical equipment, appliances,

 and components............................... 6,306 6,282 6,263 0.4 0.3 1.7 6,310 6,358 6,229 6,130 2.9

 Transportation equipment..................... 13,668 13,672 13,417 0.0 1.9 2.0 13,678 13,855 13,216 12,574 8.8

 Furniture and related products............... 2,331 2,285 2,246 2.0 1.7 -0.4 2,205 2,230 2,192 2,103 4.9

 Miscellaneous products......................... 13,188 13,040 12,921 1.1 0.9 0.7 13,025 13,000 12,863 12,478 4.4

 Nondurable goods industries...................... 114,385 114,718 114,978 -0.3 -0.2 -1.0 113,903 114,332 112,485 118,848 -4.2

 Food products.................................... 25,711 25,797 25,915 -0.3 -0.5 -0.1 24,882 25,238 25,047 24,916 -0.1

 Beverage and tobacco products................. 8,496 8,502 8,448 -0.1 0.6 -1.4 8,378 8,368 8,122 7,988 4.9

 Textiles.............................................. 1,478 1,470 1,468 0.5 0.1 1.0 1,473 1,471 1,475 1,441 2.2

 Textile products................................... 1,283 1,284 1,259 -0.1 2.0 -1.8 1,285 1,287 1,257 1,420 -9.5

 Apparel............................................. 1,652 1,639 1,616 0.8 1.4 -0.9 1,560 1,629 1,608 1,261 23.7

 Leather and allied products.................... 712 706 700 0.8 0.9 -0.3 679 686 697 607 11.9

 Paper products.................................... 6,271 6,289 6,386 -0.3 -1.5 -0.4 6,302 6,330 6,368 6,225 1.2

 Printing ............................................. 2,134 2,142 2,169 -0.4 -1.2 0.0 2,093 2,058 2,065 2,036 2.8

 Petroleum and coal products................. 17,277 17,218 17,118 0.3 0.6 -6.6 17,041 16,771 16,495 21,472 -20.6

 Chemical products................................ 38,766 38,921 39,225 -0.4 -0.8 0.4 39,288 39,479 38,803 40,285 -2.5

 Plastics and rubber products.................. 10,605 10,750 10,674 -1.3 0.7 0.3 10,922 11,015 10,548 11,197 -2.5

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.

See note at end of Table 2 relating to survey error and revisions.
 8

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 Mar Feb Jan Dec Mar Feb Jan Dec

2015p 2015r 2015 2014 2015p 2015r 2015 2014

All manufacturing industries3............................ 1.35 1.35 1.36 1.34 (X) (X) (X) (X)

Durable goods industries3.................................. 1.67 1.69 1.68 1.66 6.67 6.70 6.71 6.65

 Wood products.............................................. 1.37 1.34 1.33 1.32 (X) (X) (X) (X)

 Nonmetallic mineral products......................... 1.34 1.34 1.30 1.30 (X) (X) (X) (X)

 Primary metals.............................................. 1.45 1.47 1.47 1.42 1.48 1.48 1.45 1.44

 Fabricated metal products.............................. 1.70 1.69 1.68 1.64 2.93 2.95 2.96 2.92

 Machinery..................................................... 1.95 1.91 1.91 1.87 3.47 3.45 3.51 3.44

 Computers and electronic products3

................ 1.73 1.74 1.74 1.72 7.53 7.71 7.72 7.63

 Electrical equipment, appliances,

 and components........................................ 1.62 1.59 1.59 1.55 2.77 2.72 2.71 2.69

 Transportation equipment.............................. 1.73 1.81 1.80 1.78 14.71 15.06 15.12 15.30

 Furniture and related products........................ 1.08 1.09 1.06 1.04 1.40 1.42 1.39 1.35

 Miscellaneous products.................................. 1.63 1.61 1.61 1.64 (X) (X) (X) (X)

Nondurable goods industries............................. 1.00 1.01 1.02 1.01 (X) (X) (X) (X)

 Food products.............................................. 0.71 0.71 0.71 0.70 (X) (X) (X) (X)

 Beverage and tobacco products...................... 1.75 1.82 1.81 1.75 (X) (X) (X) (X)

 Textiles........................................................ 1.32 1.33 1.32 1.32 (X) (X) (X) (X)

 Textile products............................................ 1.54 1.51 1.38 1.45 (X) (X) (X) (X)

 Apparel......................................................... 2.38 2.39 2.36 2.27 (X) (X) (X) (X)

 Leather and allied products............................. 2.16 2.23 2.17 2.18 (X) (X) (X) (X)

 Paper products.............................................. 1.02 1.03 1.02 1.01 (X) (X) (X) (X)

 Printing......................................................... 0.90 0.91 0.91 0.92 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.67 0.68 0.74 0.72 (X) (X) (X) (X)

 Chemical products......................................... 1.33 1.33 1.33 1.31 (X) (X) (X) (X)

 Plastics and rubber products........................... 1.19 1.21 1.20 1.18 (X) (X) (X) (X)

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.

Mar

3 Mar3 Mar3 Mar3

Industry 2014- 2014- 2014- 2014-

Mar2 Feb Mar2 Feb Mar2 Feb Mar2 Feb

2015 2015 2015 2015 2015 2015 2015 2015

 

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

Durable goods industries....................... 0.1 0.2 0.4 0.4 0.1 0.1 0.0 0.1

 Wood products................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.2

 Nonmetallic mineral products.............. (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

 Primary metals.................................... -0.3 0.4 -0.6 0.8 -0.2 0.5 -0.4 0.4

 Fabricated metal products.................... 0.3 0.3 0.4 0.6 -0.1 0.1 -0.1 0.1

 Machinery.......................................... -0.1 0.5 0.1 0.9 0.1 0.2 0.1 0.2

 Computers and electronic products..... 0.1 0.4 4.2 0.7 0.7 0.1 0.1 0.2

 Electrical equipment, appliances,

 and components............................. -0.1 0.5 0.2 0.7 0.1 0.3 -0.2 0.4

 Transportation equipment.................... 0.3 0.3 0.0 0.9 0.0 0.1 0.1 0.1

 Furniture and related products............. (X) 0.4 (X) 0.8 (X) 0.5 (X) 0.2

 Miscellaneous products...................... (X) 0.8 (X) 0.7 (X) 0.4 (X) 0.2

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

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

 Beverage and tobacco products............ (X) 0.6 (X) (NA) (X) (NA) (X) 0.5

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

 Textile products.................................. (X) 1.8 (X) (NA) (X) (NA) (X) 0.6

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

 Leather and allied products.................... (X) 1.0 (X) (NA) (X) (NA) (X) 0.4

 Paper products.................................... (X) 0.3 (X) (NA) (X) (NA) (X) 0.1

 Printing.............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.6

 Petroleum and coal products................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.9

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

 Plastics and rubber products................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.4

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.

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
9

Survey Description

This report is compiled from results of the U.S. Census Bureau’s Manufacturers’ Shipments, Inventories, 

and Orders (M3) survey, which is a voluntary survey authorized by Title 13 of the United States Code. 

This survey provides statistics on a calendar-month basis for manufacturers' value of shipments, new 

orders (net of cancellations), end-of-month order backlog (unfilled orders), end-of-month total inventory 

(at current cost or market value), and inventories by stage of fabrication (materials and supplies, work-inprocess, and finished goods). Data published from the M3 survey are based on a panel of approximately 

4,800 reporting units that represent approximately 3,000 companies and provide an indication of month-tomonth change for the Manufacturing Sector. These reporting units may be divisions of diversified large 

companies, large homogenous companies, or single-unit manufacturers in 92 industry categories, which are 

combined into 65 publication levels due to the small monthly panel size. The survey methodology 

assumes that the month-to-month changes of the total operations of the reporting units in the M3 panel 

effectively represent the month-to-month movements of all establishments that make up the category.

The companies for which shipments data are currently reported or imputed in the M3 survey represent 

approximately 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 benchmark publication.

Additional survey documentation can be found on our web site: http://www.census.gov/m3.

Benchmark notice

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

be issued on May 14, 2015. These revisions result from benchmarking the shipments and inventories 

data to the 2012 Economic Census and the 2013 Annual Survey of Manufactures (ASM) data on a 

2012 North American Industry Classification System (NAICS) basis, as well as revised ASM 

benchmarks for prior years on a 2007 NAICS basis; incorporating the unfilled orders to shipments 

ratios obtained from the 2013/2012 and 2012/2011 Manufacturers’ Unfilled Orders Surveys by 

applying these ratios to the respective Census or ASM shipments data, as well as incorporating revised 

unfilled orders to shipments ratios for prior years; 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; and 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 1997 

through March 2015 and the data not seasonally adjusted for January 2001 through March 2015. An 

updated Press Release will contain revised monthly tables for January 2015 through March 2015 on a 

2012 NAICS basis, which will be the new basis for publishing data from the M3 Survey starting with 

the April 2015 Advance Report on Durable Goods. Please call M3 staff on (301) 763-4832 with any 

questions.