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FOR RELEASE AT 10:00 AM EDT, TUESDAY, JUNE 4, 2019

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS

APRIL 2019

Release Number: CB 19‐71 M3‐2 (19)‐04

June 4, 2019 — The U.S. Census Bureau announces the April full report on manufacturers’ shipments,

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

APRIL 2019 $499.3 billion           ‐0.8%°

MARCH 2019  

(revised) $503.3 billion            +1.3%°

Next release: July 3, 2019

Data adjusted for seasonal variation but not for price changes.

Statistical significance is not measurable for this survey.  The Manufacturers' Shipments,

Inventories, and Orders estimates are not based on a probability sample, so the sampling

error of these estimates cannot be measured nor can the confidence intervals be computed.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, June 4,

2019.

Summary

New orders for manufactured goods in April, down two of the last three months, decreased $4.0 billion or

0.8 percent to $499.3 billion, the U.S. Census Bureau reported today.  This followed a 1.3 percent March

increase.  Shipments, down following two consecutive monthly increases, decreased $2.7 billion or 0.5

percent to $504.1 billion.  This followed a 0.2 percent March increase.  Unfilled orders, down two of the

last three months, decreased $0.6 billion or 0.1 percent to $1,179.3 billion.  This followed a 0.1 percent

March increase.  The unfilled orders‐to‐shipments ratio was 6.69, up from 6.61 in March.  Inventories, up

seven of the last eight months, increased $1.8 billion or 0.3 percent to $692.9 billion.  This followed a 0.4

percent March increase.  The inventories‐to‐shipments ratio was 1.37, up from 1.36 in March.

New Orders

New orders for manufactured durable goods in April, down two of the last three months, decreased $5.2

billion or 2.1 percent to $248.6 billion, unchanged from the previously published decrease.  This followed a

1.7 percent March increase.  Transportation equipment, also down two of the last three months, drove the

decrease, $5.3 billion or 5.9 percent to $85.5 billion.  New orders for manufactured nondurable goods

increased $1.2 billion or 0.5 percent to $250.7 billion.

May‐18 Jun‐18 Jul‐18 Aug‐18 Sep‐18 Oct‐18 Nov‐18 Dec‐18 Jan‐19 Feb‐19 Mar‐19 Apr‐19

% Change 1.0% 0.1% ‐0.3% 2.2% 1.0% ‐2.2% ‐0.5% 0.2% 0.1% ‐1.0% 1.3% ‐0.8%

‐4.0%

‐3.0%

‐2.0%

‐1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

MANUFACTURERS' NEW ORDERS 2018‐2019

Seasonally Adjusted,   Month‐To‐Month Percentage Change

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

June 4, 2019.
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Shipments

Shipments of manufactured durable goods in April, down three of the last four months, decreased $3.9

billion or 1.5 percent to $253.4 billion, up from the previously published 1.6 percent decrease.  This

followed a 0.5 percent March decrease.  Transportation equipment, down four consecutive months, led

the decrease, $3.7 billion or 4.1 percent to $85.9 billion.  Shipments of manufactured nondurable goods,

up three consecutive months, increased $1.2 billion or 0.5 percent to $250.7 billion.  This followed a 0.9

percent March increase.  Petroleum and coal products, also up three consecutive months, led the increase,

$1.1 billion or 2.0 percent to $56.2 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in April, down two of the last three months, decreased

$0.6 billion or 0.1 percent to $1,179.3 billion, unchanged from the previously published decrease.  This

followed a 0.1 percent March increase.  Transportation equipment, also down two of the last three

months, led the decrease, $0.4 billion or virtually unchanged to $810.7 billion.

Inventories

Inventories of manufactured durable goods in April, up nine of the last ten months, increased $1.7 billion

or 0.4 percent to $422.4 billion, unchanged from the previously published increase.  This followed a 0.3

percent March increase.  Transportation equipment, also up nine of the last ten months, led the increase,

$1.5 billion or 1.1 percent to $136.1 billion.  Inventories of manufactured nondurable goods, up four

consecutive months, increased $0.2 billion or 0.1 percent to $270.5 billion.  This followed a 0.5 percent

March increase.  Petroleum and coal products, also up four consecutive months, drove the increase, $0.5

billion or 1.3 percent to $42.2 billion.  By stage of fabrication, April materials and supplies increased 0.1

percent in durable goods and decreased 0.2 percent in nondurable goods.  Work in process increased 0.9

percent in durable goods and was virtually unchanged in nondurable goods.  Finished goods were virtually

unchanged in durable goods and increased 0.3 percent in nondurable goods.  

The Advance Report on durable goods for May is scheduled for release on June 26, 2019 at 8:30 a.m. EDT

and the Full Report on July 3, 2019 at 10:00 a.m. EDT.  View the full schedule in the Economic Briefing

Room: <www.census.gov/economic‐indicators/>.  The full text and tables of this release can be found at

<www.census.gov/m3>.
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EXPLANATORY NOTES

Figures in text are adjusted for seasonality, but not for inflation.  Figures on new and unfilled orders

exclude data for semiconductor manufacturing.   

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

decrease.   

Description of the survey  

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

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

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

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

current cost or market value), and inventories by stage of fabrication (materials and supplies, work‐in‐

process, and finished goods).  Data published from the M3 survey are based on a panel of approximately

5,000 reporting units that represent approximately 3,100 companies and provide an indication of 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‐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 64 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 57 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  
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revisions made later than two months will be reflected in the annual benchmark publication.  Additional

survey documentation can be found on our web site:  

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

RESOURCES

API

The Census Bureau’s application programming interface (API) lets developers create custom apps to reach

new users and makes key demographic, socio‐economic and housing statistics more accessible than ever

before.  

<www.census.gov/developers/>.

NEW TIME SERIES

Beginning with the release of June 2018 data on July 26, 2018, historical estimates of the Monthly Advance

Report on Manufacturers’ Shipments, Inventories and Orders are available on a seasonally adjusted basis

as well as a not seasonally adjusted basis at: <https://www.census.gov/econ/currentdata/>.   

FRED Mobile App

Receive the latest updates on the nation’s key economic indicators by downloading

the FRED App <https://fred.stlouisfed.org/fred‐mobile/> for both Apple and

Android devices.  FRED, the signature database of the Federal Reserve Bank of St.

Louis, now incorporates the Census Bureau’s 13 economic indicators.

Notice of Revisions and Changes Due to Updated Seasonal Adjustment Models

On May 16, 2019, monthly seasonally adjusted data for Manufacturers’ Shipments, Inventories, and

Orders, based on the North American Industry Classification System, were revised for January 2002

through March 2019.  There was no accompanying press release containing revised seasonally adjusted

data for January through March of 2019, and historical data not seasonally adjusted were unchanged.   

These revisions to the historical seasonally adjusted data were based on the results of the recent annual

review of the seasonal adjustment models.  Based on this review, the lists of series that are seasonally

adjusted and not seasonally adjusted were updated.  Three unfilled orders series and one total inventories

series that have been adjusted are no longer seasonally adjusted.  Conversely, two stage of fabrication

series that have not been adjusted are now seasonally adjusted.  These changes were implemented on

May 16, 2019 and were used to produce seasonally adjusted data from the Manufacturers’ Shipments,
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Inventories, and Orders Survey, beginning with the April 2019 Advance Report on Durable Goods released

on May 24, 2019 and the Full Report released on June 4, 2019.

###
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

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2019/

2019p 2019r 2019 Apr. Mar. Feb. 2019p 2019r 2019 2018 2019p 2018 2018

  All manufacturing industries.................. 504,087 506,780 505,803 ‐0.5 0.2 0.3 505,113 525,684 469,660 489,659 1,967,427 1,916,780 2.6

      Excluding transportation................... 418,236 417,276 416,174 0.2 0.3 0.7 420,966 427,085 383,897 408,632 1,619,410 1,589,396 1.9

      Excluding defense.............................. 489,073 492,285 491,390 ‐0.7 0.2 0.5 491,590 509,231 455,935 477,142 1,911,325 1,866,615 2.4

      With unfilled orders............................ 176,326 178,585 179,655 ‐1.3 ‐0.6 ‐0.4 173,699 190,288 167,096 167,448 692,810 665,147 4.2

  Durable goods industries......................... 253,408 257,319 258,592 ‐1.5 ‐0.5 0.0 251,881 272,906 241,918 243,975 1,000,084 960,233 4.2

  Wood products....................................... 9,103 9,103 9,118 0.0 ‐0.2 0.3 9,700 9,011 8,260 9,865 34,776 35,749 ‐2.7

  Nonmetallic mineral products.................... 11,167 11,207 11,152 ‐0.4 0.5 0.0 11,424 10,863 9,543 10,915 41,633 40,156 3.7

  Primary metals....................................... 20,975 21,105 21,408 ‐0.6 ‐1.4 0.8 21,729 21,976 20,466 21,732 85,145 82,986 2.6

      Iron and steel mills............................ 10,815 10,868 11,058 ‐0.5 ‐1.7 1.4 11,194 11,159 10,480 10,787 43,604 40,523 7.6

      Aluminum and nonferrous metals.......... 8,595 8,692 8,849 ‐1.1 ‐1.8 0.0 8,901 9,194 8,556 9,537 35,462 36,999 ‐4.2

      Ferrous metal foundries....................... 1,565 1,545 1,501 1.3 2.9 1.1 1,634 1,623 1,430 1,408 6,079 5,464 11.3

  Fabricated metal products....................... 33,358 33,655 33,907 ‐0.9 ‐0.7 0.5 33,834 34,327 31,704 32,677 131,464 125,529 4.7

  Machinery............................................. 32,900 32,969 33,439 ‐0.2 ‐1.4 0.4 33,658 35,767 31,767 32,539 131,066 127,385 2.9

      Farm machinery................................. 2,509 2,734 2,721 ‐8.2 0.5 4.9 3,320 3,366 3,028 3,175 12,045 11,215 7.4

      Construction machinery..................... 2,961 2,939 3,045 0.7 ‐3.5 ‐0.9 3,141 3,185 3,020 3,152 12,004 11,650 3.0

      Mining, oil field, and

          gas field machinery.......................... 1,466 1,382 1,415 6.1 ‐2.3 ‐1.5 1,364 1,444 1,314 1,483 5,476 5,955 ‐8.0

      Industrial machinery.......................... 2,680 2,608 2,585 2.8 0.9 ‐0.8 2,511 2,969 2,262 2,492 9,874 9,822 0.5

      Photographic equipment...................... 564 531 615 6.2 ‐13.7 9.2 522 583 559 474 2,137 2,016 6.0

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............ 4,104 4,071 4,124 0.8 ‐1.3 2.2 4,064 4,303 3,358 3,701 15,017 13,928 7.8

      Metalworking machinery..................... 2,718 2,650 2,664 2.6 ‐0.5 1.1 2,599 2,751 2,389 2,561 10,183 10,776 ‐5.5

      Turbines, generators, and other

          power transmission equipment....... 4,369 4,346 4,390 0.5 ‐1.0 1.0 4,482 4,474 4,392 4,017 17,480 16,379 6.7

      Material handling equipment............... 2,878 2,895 2,884 ‐0.6 0.4 0.0 2,833 3,044 2,740 2,626 11,294 10,455 8.0

  Computers and electronic products2

.......... 28,079 27,791 28,074 1.0 ‐1.0 1.7 25,721 29,349 24,733 24,359 104,456 99,201 5.3

      Computers........................................ 676 667 686 1.3 ‐2.8 ‐2.7 577 664 494 737 2,283 2,663 ‐14.3

      Computer storage devices..................... 376 322 345 16.8 ‐6.7 13.9 261 443 237 195 1,153 978 17.9

      Other peripheral equipment................ 784 761 818 3.0 ‐7.0 4.9 685 806 633 666 2,771 2,562 8.2

      Nondefense communications

          equipment.................................... 3,578 3,515 3,535 1.8 ‐0.6 1.6 3,221 4,024 2,885 2,846 12,857 11,424 12.5

      Defense communications equipment.... 260 320 278 ‐18.8 15.1 ‐14.5 258 322 276 271 1,135 1,033 9.9

      Audio and video equipment.................... 309 294 327 5.1 ‐10.1 3.5 259 272 282 205 1,053 776 35.7

      Electronic components......................... 3,529 3,616 3,595 ‐2.4 0.6 1.2 3,401 3,816 3,220 3,369 13,600 13,446 1.1

      Nondefense search and navigation

          equipment...................................... 1,606 1,590 1,580 1.0 0.6 ‐0.5 1,465 1,803 1,481 1,382 6,139 5,867 4.6

      Defense search and navigation

          equipment..................................... 2,939 2,876 2,770 2.2 3.8 0.1 2,735 3,065 2,606 2,601 10,690 10,456 2.2

      Electromedical, measuring,

          and control instruments................. 9,374 9,243 9,280 1.4 ‐0.4 ‐1.7 8,602 10,098 8,190 8,224 34,884 33,710 3.5

  Electrical equipment, appliances,        

    and components................................... 11,627 11,616 11,547 0.1 0.6 0.8 11,438 12,082 10,549 10,972 44,387 42,806 3.7

      Electric lighting equipment..................... 1,043 1,006 1,010 3.7 ‐0.4 ‐1.1 1,044 1,020 945 1,063 3,928 4,076 ‐3.6

      Household appliances........................ 1,734 1,742 1,748 ‐0.5 ‐0.3 ‐2.3 1,711 1,796 1,519 1,677 6,551 6,408 2.2

      Electrical equipment............................ 3,111 3,075 3,075 1.2 0.0 0.0 2,954 3,377 2,853 2,904 11,913 11,938 ‐0.2

      Batteries........................................... 908 948 879 ‐4.2 7.8 6.8 891 864 748 896 3,249 3,449 ‐5.8

  Transportation equipment........................ 85,851 89,504 89,629 ‐4.1 ‐0.1 ‐1.1 84,147 98,599 85,763 81,027 348,017 327,384 6.3

      Automobiles..................................... 8,737 9,334 9,018 ‐6.4 3.5 0.9 8,699 9,945 8,827 9,312 35,984 38,353 ‐6.2

      Light trucks and utility vehicles.............. 20,437 21,292 21,490 ‐4.0 ‐0.9 ‐0.4 20,244 23,748 21,440 19,846 84,679 75,168 12.7

      Heavy duty trucks ............................. 3,061 3,158 3,112 ‐3.1 1.5 ‐3.7 3,184 3,383 2,781 2,608 12,202 10,294 18.5

      Motor vehicle bodies, parts,       

          and trailers.................................... 28,004 28,569 28,086 ‐2.0 1.7 0.6 29,233 30,092 28,197 27,144 113,804 106,810 6.5

      Nondefense aircraft and parts................ 10,975 13,085 13,549 ‐16.1 ‐3.4 ‐1.4 9,129 15,476 11,136 9,181 46,006 46,666 ‐1.4

      Defense aircraft and parts.................. 4,771 4,516 4,636 5.6 ‐2.6 ‐14.0 4,007 5,201 4,021 3,653 17,216 16,055 7.2

      Ships and boats................................. 2,895 2,916 2,868 ‐0.7 1.7 1.4 2,903 3,246 2,831 2,895 11,213 10,960 2.3

  Furniture and related products.................. 6,757 6,773 6,707 ‐0.2 1.0 0.6 6,724 6,804 6,443 6,404 26,178 25,256 3.7

  Miscellaneous durable goods................. 13,591 13,596 13,611 0.0 ‐0.1 0.0 13,506 14,128 12,690 13,485 52,962 53,781 ‐1.5

  Nondurable goods industries..................... 250,679 249,461 247,211 0.5 0.9 0.7 253,232 252,778 227,742 245,684 967,343 956,547 1.1

  Food products....................................... 67,570 67,040 67,356 0.8 ‐0.5 0.5 66,474 67,723 64,656 65,939 263,691 264,252 ‐0.2

      Grain and oilseed milling....................... 7,544 7,529 7,567 0.2 ‐0.5 1.3 7,372 7,568 7,299 7,616 29,676 31,342 ‐5.3

      Dairy products.................................. 9,423 9,247 9,406 1.9 ‐1.7 1.4 9,246 9,349 8,800 9,214 36,398 37,204 ‐2.2

      Meat, poultry, and seafood products... 19,468 19,509 19,545 ‐0.2 ‐0.2 0.5 19,544 19,495 18,579 19,688 76,051 75,547 0.7

  Beverage and tobacco products................ 12,422 11,931 12,273 4.1 ‐2.8 ‐3.0 12,552 11,890 11,331 12,188 47,394 47,529 ‐0.3

      Beverages......................................... 8,742 8,643 8,618 1.1 0.3 ‐1.1 8,872 8,602 7,676 8,666 32,833 32,573 0.8

      Tobacco............................................ 3,680 3,288 3,655 11.9 ‐10.0 ‐7.2 3,680 3,288 3,655 3,522 14,561 14,956 ‐2.6

  Textile mills........................................... 2,458 2,491 2,489 ‐1.3 0.1 0.1 2,501 2,587 2,395 2,547 9,785 9,807 ‐0.2

  Textile products................................... 2,267 2,295 2,319 ‐1.2 ‐1.0 ‐0.3 2,329 2,383 2,242 2,344 9,041 8,725 3.6

  Apparel................................................ 946 954 955 ‐0.8 ‐0.1 ‐1.4 837 874 897 836 3,502 3,492 0.3

  Leather and allied products...................... 418 419 435 ‐0.2 ‐3.7 1.4 433 437 438 447 1,710 1,633 4.7

  Paper products...................................... 16,105 16,098 16,199 0.0 ‐0.6 0.5 15,818 16,177 15,133 15,564 63,112 62,647 0.7

      Pulp, paper, and paperboard mills....... 6,458 6,461 6,467 0.0 ‐0.1 ‐0.1 6,337 6,481 5,981 6,407 25,290 25,670 ‐1.5

      Paperboard containers........................ 5,654 5,638 5,726 0.3 ‐1.5 1.5 5,645 5,673 5,326 5,478 22,304 21,811 2.3

  Printing................................................. 6,621 6,673 6,728 ‐0.8 ‐0.8 0.2 6,730 6,651 6,079 6,540 25,939 25,292 2.6

  Petroleum and coal products.................. 56,218 55,127 52,077 2.0 5.9 3.0 57,297 53,800 44,077 54,113 201,746 200,405 0.7

      Petroleum refineries.......................... 51,888 50,817 47,889 2.1 6.1 3.6 52,984 49,980 40,710 50,322 186,799 186,736 0.0

  Chemical products..................................... 65,958 66,572 66,494 ‐0.9 0.1 0.0 67,947 69,951 61,984 65,201 263,530 255,354 3.2

      Pesticides, fertilizers, and other

          agricultural chemicals....................... 2,683 2,696 2,699 ‐0.5 ‐0.1 ‐2.8 3,507 3,434 2,731 3,189 12,046 10,984 9.7

      Pharmaceuticals and medicines............. 22,450 22,762 22,379 ‐1.4 1.7 1.6 22,528 23,239 20,499 20,496 87,888 81,546 7.8

      Paints, coatings, and adhesives.......... 3,869 3,808 3,905 1.6 ‐2.5 0.3 4,317 3,988 3,534 4,157 15,338 14,904 2.9

  Plastics and rubber products.................. 19,696 19,861 19,886 ‐0.8 ‐0.1 0.1 20,314 20,305 18,510 19,965 77,893 77,411 0.6

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, April Full Report, June 4, 2019.  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

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2019/

2019p 2019r 2019 Apr. Mar. Feb. 2019p 2019r 2019 2018 2019p 2018 2018

All manufacturing industries2........................ 499,273 503,295 496,780 ‐0.8 1.3 ‐1.0 498,480 531,717 462,788 490,836 1,958,023 1,927,157 1.6

      Excluding transportation2...................... 413,792 412,500 411,112 0.3 0.3 0.3 418,980 425,575 382,805 408,991 1,614,495 1,591,734 1.4

      Excluding defense2.............................. 482,087 486,704 484,107 ‐0.9 0.5 ‐0.7 484,403 510,084 450,778 479,232 1,899,924 1,877,346 1.2

      With unfilled orders2

............................. 175,692 179,278 175,106 ‐2.0 2.4 ‐3.7 170,905 199,912 164,269 172,254 699,676 690,871 1.3

  Durable goods industries2......................... 248,594 253,834 249,569 ‐2.1 1.7 ‐2.6 245,248 278,939 235,046 245,152 990,680 970,610 2.1

  Primary metals........................................ 20,804 21,027 21,455 ‐1.1 ‐2.0 0.4 21,692 22,425 21,275 22,392 86,649 86,025 0.7

      Iron and steel mills.............................. 10,521 10,803 11,049 ‐2.6 ‐2.2 2.7 11,054 11,637 11,007 11,334 44,358 43,256 2.5

      Aluminum and nonferrous metals.......... 8,722 8,686 8,932 0.4 ‐2.8 ‐1.3 9,030 9,196 8,829 9,648 36,073 37,227 ‐3.1

      Ferrous metal foundries....................... 1,561 1,538 1,474 1.5 4.3 ‐6.1 1,608 1,592 1,439 1,410 6,218 5,542 12.2

  Fabricated metal products........................ 33,314 33,160 33,668 0.5 ‐1.5 ‐2.1 34,880 34,704 32,565 34,631 135,314 132,115 2.4

  Machinery............................................. 32,657 32,545 33,221 0.3 ‐2.0 0.8 33,706 35,252 32,264 33,063 132,808 131,088 1.3

      Construction machinery........................ 2,725 2,927 3,048 ‐6.9 ‐4.0 4.7 2,784 3,256 3,161 3,038 12,056 12,172 ‐1.0

      Mining, oil field, and

          gas field machinery.......................... 1,396 1,246 1,552 12.0 ‐19.7 14.9 1,294 1,308 1,451 1,434 5,321 6,049 ‐12.0

      Industrial machinery............................ 2,674 2,500 2,509 7.0 ‐0.4 ‐5.2 2,618 2,914 2,176 2,407 10,201 10,118 0.8

      Photographic equipment....................... 538 541 491 ‐0.6 10.2 ‐8.1 473 547 390 404 1,864 1,863 0.1

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 4,292 4,229 4,193 1.5 0.9 ‐6.0 4,273 4,406 3,528 3,793 16,353 14,444 13.2

      Metalworking machinery....................... 2,531 2,474 2,497 2.3 ‐0.9 ‐1.8 2,529 2,507 2,365 2,701 9,922 11,324 ‐12.4

      Turbines, generators, and other        

          power transmission equipment........... 4,397 4,407 4,339 ‐0.2 1.6 2.0 4,510 4,535 4,341 4,084 17,426 16,223 7.4

      Material handling equipment.................. 2,804 2,694 2,806 4.1 ‐4.0 ‐0.1 2,676 2,815 2,800 2,695 10,981 10,954 0.2

  Computers and electronic products2........... 23,927 24,056 23,555 ‐0.5 2.1 ‐0.5 22,019 27,129 21,097 21,158 90,485 86,392 4.7

      Computers........................................ 662 669 678 ‐1.0 ‐1.3 ‐9.0 563 666 486 747 2,303 2,791 ‐17.5

      Nondefense communications

          equipment...................................... 3,469 3,600 3,291 ‐3.6 9.4 ‐3.5 3,126 4,177 3,036 2,991 13,039 12,349 5.6

      Defense communications equipment....... 235 320 265 ‐26.6 20.8 ‐4.0 194 382 272 253 1,061 1,058 0.3

      Electronic components......................... 3,507 3,570 3,588 ‐1.8 ‐0.5 0.0 3,445 3,597 3,294 3,499 13,805 14,043 ‐1.7

      Nondefense search and navigation

          equipment...................................... 1,550 1,647 1,623 ‐5.9 1.5 ‐5.2 1,646 1,888 1,549 1,549 6,626 6,194 7.0

      Defense search and navigation

          equipment...................................... 3,155 3,316 2,851 ‐4.9 16.3 3.7 2,956 4,090 2,641 2,551 11,844 10,493 12.9

      Electromedical, measuring,

          and control instruments..................... 9,412 9,148 9,383 2.9 ‐2.5 ‐0.4 8,466 10,363 8,283 8,268 35,209 34,209 2.9

  Electrical equipment, appliances,        

    and components................................... 11,761 11,657 11,531 0.9 1.1 1.3 11,671 12,223 10,767 11,087 45,336 43,598 4.0

      Electric lighting equipment..................... 1,041 1,012 1,008 2.9 0.4 ‐1.2 1,049 1,034 959 1,073 4,002 4,162 ‐3.8

      Household appliances.......................... 1,725 1,710 1,763 0.9 ‐3.0 5.3 1,768 1,812 1,407 1,705 6,483 6,630 ‐2.2

      Electrical equipment............................ 3,141 3,164 3,121 ‐0.7 1.4 ‐0.9 3,018 3,444 2,976 2,969 12,410 11,944 3.9

  Transportation equipment........................ 85,481 90,795 85,668 ‐5.9 6.0 ‐6.7 79,500 106,142 79,983 81,845 343,528 335,423 2.4

      Motor vehicle bodies, parts,       

          and trailers..................................... 27,875 28,362 28,260 ‐1.7 0.4 0.2 28,494 30,070 29,090 26,680 114,201 107,297 6.4

      Nondefense aircraft and parts................ 9,166 12,256 11,367 ‐25.2 7.8 ‐29.2 5,258 18,286 6,336 11,528 40,557 55,242 ‐26.6

      Defense aircraft and parts.................... 5,458 5,590 4,697 ‐2.4 19.0 ‐6.8 4,897 6,728 3,218 3,418 18,747 13,493 38.9

      Ships and boats.................................. 2,636 4,902 1,683 ‐46.2 191.3 ‐30.6 2,261 6,658 2,995 2,595 13,670 13,383 2.1

  Furniture and related products................... 6,772 6,684 6,591 1.3 1.4 ‐2.0 7,133 7,058 6,603 6,704 27,166 26,273 3.4

  Nondurable goods industries..................... 250,679 249,461 247,211 0.5 0.9 0.7 253,232 252,778 227,742 245,684 967,343 956,547 1.1

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, April Full Report, June 4, 2019.  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 April

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2019/

2019p 2019r 2019 Apr. Mar. Feb. 2019p 2019r 2019 2018 2018

All manufacturing industries2...................... 1,179,270 1,179,904 1,179,211 ‐0.1 0.1 ‐0.4 1,186,500 1,189,294 1,179,670 1,162,136 2.1

      Excluding transportation2

...................... 368,577 368,841 369,439 ‐0.1 ‐0.2 ‐0.2 374,412 372,559 370,478 364,258 2.8

      Excluding defense2............................. 977,482 980,288 981,691 ‐0.3 ‐0.1 ‐0.3 984,188 987,536 983,092 982,309 0.2

  Durable goods industries2........................ 1,179,270 1,179,904 1,179,211 ‐0.1 0.1 ‐0.4 1,186,500 1,189,294 1,179,670 1,162,136 2.1

  Primary metals........................................ 31,506 31,677 31,755 ‐0.5 ‐0.2 0.1 32,607 32,644 32,195 30,917 5.5

      Iron and steel mills............................... 16,240 16,534 16,599 ‐1.8 ‐0.4 ‐0.1 17,023 17,163 16,685 16,951 0.4

      Aluminum and nonferrous metals............. 11,737 11,610 11,616 1.1 ‐0.1 0.7 12,007 11,878 11,876 10,734 11.9

      Ferrous metal foundries........................ 3,529 3,533 3,540 ‐0.1 ‐0.2 ‐0.8 3,577 3,603 3,634 3,232 10.7

  Fabricated metal products......................... 85,832 85,876 86,371 ‐0.1 ‐0.6 ‐0.3 87,414 86,368 85,991 83,960 4.1

  Machinery.............................................. 104,383 104,626 105,050 ‐0.2 ‐0.4 ‐0.2 105,542 105,494 106,009 105,040 0.5

      Construction machinery......................... 6,120 6,356 6,368 ‐3.7 ‐0.2 0.0 6,413 6,770 6,699 6,520 ‐1.6

      Mining, oil field, and

          gas field machinery.......................... 4,051 4,121 4,257 ‐1.7 ‐3.2 3.3 4,051 4,121 4,257 4,633 ‐12.6

      Industrial machinery............................. 8,270 8,276 8,384 ‐0.1 ‐1.3 ‐0.9 8,433 8,326 8,381 8,762 ‐3.8

      Photographic equipment........................ 1,311 1,337 1,327 ‐1.9 0.8 ‐8.5 1,317 1,366 1,402 1,677 ‐21.5

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment................ 8,291 8,103 7,945 2.3 2.0 0.9 8,445 8,236 8,133 6,627 27.4

      Metalworking machinery........................ 6,921 7,108 7,284 ‐2.6 ‐2.4 ‐2.2 7,077 7,147 7,391 8,313 ‐14.9

      Turbines, generators, and other        

          power transmission equipment............ 28,699 28,671 28,610 0.1 0.2 ‐0.2 28,699 28,671 28,610 29,664 ‐3.3

      Material handling equipment................... 12,748 12,822 13,023 ‐0.6 ‐1.5 ‐0.6 12,756 12,913 13,142 11,924 7.0

  Computers and electronic products2

............. 118,122 118,094 117,651 0.0 0.4 0.0 119,342 119,205 117,834 115,008 3.8

      Computers......................................... 2,215 2,229 2,227 ‐0.6 0.1 ‐0.4 2,215 2,229 2,227 2,006 10.4

      Nondefense communications

          equipment...................................... 24,653 24,762 24,677 ‐0.4 0.3 ‐1.0 24,940 25,035 24,882 24,554 1.6

      Defense communications equipment........ 1,282 1,307 1,307 ‐1.9 0.0 ‐1.0 1,261 1,325 1,265 1,455 ‐13.3

      Electronic components.......................... 12,865 12,887 12,933 ‐0.2 ‐0.4 ‐0.1 13,001 12,957 13,176 12,419 4.7

      Nondefense search and navigation

          equipment....................................... 20,187 20,243 20,186 ‐0.3 0.3 0.2 20,348 20,167 20,082 19,400 4.9

      Defense search and navigation

          equipment....................................... 28,807 28,591 28,151 0.8 1.6 0.3 29,220 28,999 27,974 27,242 7.3

      Electromedical, measuring,

          and control instruments...................... 28,113 28,075 28,170 0.1 ‐0.3 0.4 28,357 28,493 28,228 27,932 1.5

  Electrical equipment, appliances,        

    and components.................................... 19,543 19,409 19,368 0.7 0.2 ‐0.1 19,904 19,671 19,530 19,824 0.4

      Electric lighting equipment..................... 1,413 1,415 1,409 ‐0.1 0.4 ‐0.1 1,425 1,420 1,406 1,431 ‐0.4

      Household appliances........................... 1,125 1,134 1,166 ‐0.8 ‐2.7 1.3 1,147 1,090 1,074 1,406 ‐18.4

      Electrical equipment............................. 8,030 8,000 7,911 0.4 1.1 0.6 8,151 8,087 8,020 7,841 4.0

  Transportation equipment......................... 810,693 811,063 809,772 0.0 0.2 ‐0.5 812,088 816,735 809,192 797,878 1.8

      Motor vehicle bodies, parts,       

          and trailers...................................... 27,179 27,308 27,515 ‐0.5 ‐0.8 0.6 27,589 28,328 28,350 26,994 2.2

      Nondefense aircraft and parts................ 591,927 593,736 594,565 ‐0.3 ‐0.1 ‐0.4 592,739 596,610 593,800 601,686 ‐1.5

      Defense aircraft and parts..................... 83,364 82,677 81,603 0.8 1.3 0.1 83,720 82,830 81,303 69,932 19.7

      Ships and boats.................................. 31,282 31,541 29,555 ‐0.8 6.7 ‐3.9 31,961 32,603 29,191 29,477 8.4

  Furniture and related products................... 8,645 8,630 8,719 0.2 ‐1.0 ‐1.3 9,057 8,648 8,394 8,896 1.8

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, April Full Report, June 4, 2019.  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 April

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2019/

2019p 2019r 2019 Apr. Mar. Feb. 2019p 2019r 2019 2018 2018

  All manufacturing industries...................... 692,949 691,141 688,334 0.3 0.4 0.3 696,905 690,232 691,949 670,770 3.9

      Excluding transportation........................ 556,858 556,549 554,121 0.1 0.4 0.1 559,709 556,268 556,525 541,410 3.4

      Excluding defense............................. 665,152 663,526 660,952 0.2 0.4 0.3 669,032 662,634 664,592 644,057 3.9

      With unfilled orders............................. 344,477 342,962 341,635 0.4 0.4 0.3 346,423 341,789 343,301 329,071 5.3

  Durable goods industries........................ 422,449 420,796 419,350 0.4 0.3 0.4 424,823 419,903 422,636 404,268 5.1

  Wood products........................................ 12,259 12,279 12,278 ‐0.2 0.0 ‐0.6 12,185 12,572 12,711 12,067 1.0

  Nonmetallic mineral products..................... 14,974 14,968 14,947 0.0 0.1 0.3 15,251 15,261 15,201 14,415 5.8

  Primary metals......................................... 36,490 36,403 36,661 0.2 ‐0.7 ‐0.1 36,357 36,212 36,724 34,274 6.1

      Iron and steel mills............................... 20,560 20,548 20,888 0.1 ‐1.6 ‐0.6 20,292 20,413 20,951 19,152 6.0

      Aluminum and nonferrous metals............ 13,798 13,725 13,643 0.5 0.6 0.6 13,904 13,647 13,571 13,127 5.9

      Ferrous metal foundries........................ 2,132 2,130 2,130 0.1 0.0 1.1 2,161 2,152 2,202 1,995 8.3

  Fabricated metal products......................... 54,647 54,924 54,886 ‐0.5 0.1 0.2 54,909 55,001 55,094 52,501 4.6

  Machinery.............................................. 71,821 71,647 70,934 0.2 1.0 ‐0.2 72,244 71,735 71,498 68,208 5.9

      Farm machinery.................................. 3,930 3,942 3,930 ‐0.3 0.3 0.7 3,975 4,176 4,238 3,649 8.9

      Construction machinery......................... 5,820 5,833 5,768 ‐0.2 1.1 ‐0.8 5,923 5,925 5,830 5,590 6.0

      Mining, oil field,   

          and gas field machinery.................... 5,536 5,559 5,489 ‐0.4 1.3 0.8 5,586 5,572 5,528 5,453 2.4

      Industrial machinery............................. 8,433 8,393 8,396 0.5 0.0 0.8 8,262 8,532 8,421 8,176 1.1

      Photographic equipment....................... 1,802 1,779 1,707 1.3 4.2 ‐0.7 1,772 1,697 1,731 1,666 6.4

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 5,569 5,535 5,431 0.6 1.9 0.4 5,939 5,673 5,567 5,261 12.9

      Metalworking machinery........................ 6,120 6,111 6,004 0.1 1.8 0.0 6,098 6,032 5,992 5,805 5.0

      Turbines, generators, and other

          power transmission equipment............ 9,780 9,743 9,715 0.4 0.3 ‐3.7 9,832 9,560 9,710 9,597 2.4

      Material handling equipment.................. 6,023 5,960 5,887 1.1 1.2 0.5 5,996 5,830 5,764 5,538 8.3

  Computers and electronic products2

............ 43,389 43,395 43,231 0.0 0.4 ‐0.2 43,702 42,885 43,626 43,630 0.2

      Computers......................................... 1,505 1,570 1,554 ‐4.1 1.0 2.6 1,454 1,537 1,626 1,466 ‐0.8

      Computer storage devices.................... 1,104 1,135 1,098 ‐2.7 3.4 5.5 1,072 1,064 1,156 1,006 6.6

      Other peripheral equipment................... 1,125 1,164 1,182 ‐3.4 ‐1.5 3.3 1,148 1,128 1,196 1,139 0.8

      Nondefense communications

          equipment...................................... 4,873 4,841 4,786 0.7 1.1 ‐0.2 4,888 4,758 4,851 4,704 3.9

      Defense communications equipment........ 701 703 696 ‐0.3 1.0 3.9 701 703 696 669 4.8

      Audio and video equipment.................... 655 663 632 ‐1.2 4.9 0.6 625 633 622 521 20.0

      Electronic components.......................... 7,346 7,240 7,273 1.5 ‐0.5 0.6 7,582 7,209 7,314 7,691 ‐1.4

      Nondefense search and navigation

          equipment...................................... 2,669 2,655 2,654 0.5 0.0 0.6 2,685 2,625 2,644 2,584 3.9

      Defense search and navigation

          equipment....................................... 2,560 2,560 2,515 0.0 1.8 ‐2.7 2,604 2,570 2,535 2,672 ‐2.5

      Electromedical, measuring        

          and control instruments...................... 15,542 15,560 15,479 ‐0.1 0.5 ‐0.8 15,623 15,422 15,485 15,305 2.1

  Electrical equipment, appliances,        

    and components.................................... 20,322 20,287 20,079 0.2 1.0 1.2 20,583 20,388 20,261 18,658 10.3

      Electric lighting equipment..................... 2,265 2,281 2,280 ‐0.7 0.0 0.6 2,280 2,250 2,278 2,227 2.4

      Household appliances........................... 2,909 2,891 2,865 0.6 0.9 1.1 2,983 2,932 2,937 2,867 4.0

      Electrical equipment............................. 5,743 5,725 5,697 0.3 0.5 1.3 5,842 5,777 5,817 5,196 12.4

      Batteries............................................ 2,007 2,015 1,874 ‐0.4 7.5 1.2 2,038 2,004 1,818 1,855 9.9

  Transportation equipment......................... 136,091 134,592 134,213 1.1 0.3 1.1 137,196 133,964 135,424 129,360 6.1

      Automobiles....................................... 4,271 4,236 4,440 0.8 ‐4.6 3.4 4,376 4,292 4,711 3,918 11.7

      Light trucks and utility vehicles.............. 4,951 4,840 4,841 2.3 0.0 3.1 4,936 4,638 4,926 4,380 12.7

      Heavy duty trucks ............................... 2,162 2,210 2,248 ‐2.2 ‐1.7 1.6 2,193 2,220 2,288 2,121 3.4

      Motor vehicle bodies, parts,       

          and trailers...................................... 26,667 26,474 26,310 0.7 0.6 0.5 26,623 26,513 26,503 25,205 5.6

      Nondefense aircraft and parts................ 69,128 68,220 67,988 1.3 0.3 1.3 70,168 67,815 68,686 66,555 5.4

      Defense aircraft and parts..................... 13,407 13,199 13,335 1.6 ‐1.0 0.1 13,432 13,140 13,362 12,748 5.4

      Ships and boats.................................. 3,248 3,338 3,036 ‐2.7 9.9 ‐0.8 3,238 3,356 2,974 2,889 12.1

  Furniture and related products.................... 8,064 8,042 8,049 0.3 ‐0.1 ‐0.5 7,998 7,896 7,996 7,850 1.9

  Miscellaneous durable goods..................... 24,392 24,259 24,072 0.5 0.8 0.3 24,398 23,989 24,101 23,305 4.7

  Nondurable goods industries...................... 270,500 270,345 268,984 0.1 0.5 0.2 272,082 270,329 269,313 266,502 2.1

  Food products........................................ 54,121 54,221 53,966 ‐0.2 0.5 0.0 53,105 53,129 53,623 53,722 ‐1.1

      Grain and oilseed milling........................ 5,172 5,227 5,171 ‐1.1 1.1 0.6 5,101 5,230 5,313 5,432 ‐6.1

      Dairy products.................................... 7,694 7,729 7,591 ‐0.5 1.8 ‐0.2 7,887 7,752 7,500 7,729 2.0

      Meat, poultry, and seafood products....... 9,327 9,259 9,243 0.7 0.2 0.2 9,218 9,250 9,209 9,200 0.2

  Beverage and tobacco products................ 25,000 24,926 24,810 0.3 0.5 0.4 25,293 25,205 25,234 24,927 1.5

      Beverages......................................... 20,436 20,350 20,294 0.4 0.3 0.6 20,717 20,526 20,521 20,221 2.5

      Tobacco............................................ 4,564 4,576 4,516 ‐0.3 1.3 ‐0.4 4,576 4,679 4,713 4,706 ‐2.8

  Textile mills............................................ 3,375 3,424 3,464 ‐1.4 ‐1.2 ‐1.0 3,396 3,418 3,470 3,228 5.2

  Textile products...................................... 3,562 3,562 3,555 0.0 0.2 ‐0.5 3,566 3,579 3,596 3,421 4.2

  Apparel................................................. 1,965 1,952 1,932 0.7 1.0 ‐0.4 1,934 1,908 1,934 1,862 3.9

  Leather and allied products....................... 769 783 797 ‐1.8 ‐1.8 ‐1.7 765 767 782 781 ‐2.0

  Paper products....................................... 16,388 16,394 16,342 0.0 0.3 0.1 16,397 16,515 16,476 15,872 3.3

      Pulp, paper, and paperboard mills........... 6,831 6,833 6,770 0.0 0.9 0.1 6,887 6,953 6,863 6,535 5.4

      Paperboard containers......................... 5,057 5,063 5,055 ‐0.1 0.2 0.2 5,017 5,079 5,097 4,961 1.1

  Printing.................................................. 5,612 5,599 5,596 0.2 0.1 ‐1.1 5,637 5,587 5,578 5,446 3.5

  Petroleum and coal products..................... 42,210 41,684 40,398 1.3 3.2 2.4 43,312 40,970 39,422 41,872 3.4

      Petroleum refineries............................. 36,517 35,745 34,345 2.2 4.1 2.5 37,630 35,038 33,277 36,512 3.1

  Chemical products..................................... 90,302 90,569 90,867 ‐0.3 ‐0.3 ‐0.4 91,104 91,664 91,531 88,854 2.5

      Pesticides, fertilizers, and other

          agricultural chemicals........................ 4,912 4,928 4,843 ‐0.3 1.8 1.7 5,134 5,376 5,334 4,860 5.6

      Pharmaceuticals and medicines.............. 36,643 36,895 37,083 ‐0.7 ‐0.5 ‐0.3 36,878 37,302 36,964 36,227 1.8

      Paints, coatings, and adhesives.............. 3,913 3,947 3,935 ‐0.9 0.3 ‐0.8 4,041 4,060 4,015 4,006 0.9

  Plastics and rubber products..................... 27,196 27,231 27,257 ‐0.1 ‐0.1 ‐0.1 27,573 27,587 27,667 26,517 4.0

p Preliminary

r Revised data due to late receipts and concurrent seasonal adjustment.   1

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

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

Estimates are not adjusted for price changes.        2 Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals.        

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

survey panel is not a probability sample, estimates of sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.     

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, April Full Report, June 4, 2019.  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

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2019/

2019p 2019r 2019 Apr. Mar. Feb. 2019p 2019r 2019 2018 2019p 2018 2018

SHIPMENTS

  All manufacturing industries......................... 504,087 506,780 505,803 ‐0.5 0.2 0.3 505,113 525,684 469,660 489,659 1,967,427 1,916,780 2.6

    Construction materials and supplies....... 51,860 51,904 52,140 ‐0.1 ‐0.5 0.1 53,537 51,399 46,210 51,981 197,303 191,882 2.8

    Information technology......................... 25,765 25,373 25,455 1.5 ‐0.3 0.3 23,841 27,550 22,511 22,267 95,469 89,359 6.8

    Computers and related products........... 1,836 1,750 1,849 4.9 ‐5.4 3.4 1,523 1,913 1,364 1,598 6,207 6,203 0.1

    Motor vehicle and parts......................... 60,239 62,353 61,706 ‐3.4 1.0 0.1 61,360 67,168 61,245 58,910 246,669 230,625 7.0

    Capital goods......................................      88,814 90,810 91,393 ‐2.2 ‐0.6 ‐0.6 84,933 99,426 83,351 81,889 346,395 332,956 4.0

      Nondefense capital goods3

.................. 75,905 78,288 78,985 ‐3.0 ‐0.9 0.1 73,094 85,264 71,362 70,780 297,766 289,990 2.7

        Excluding aircraft............................. 69,376 69,380 69,821 0.0 ‐0.6 0.3 68,068 74,693 64,401 65,378 269,257 259,944 3.6

      Defense capital goods4

........................ 12,909 12,522 12,408 3.1 0.9 ‐5.0 11,839 14,162 11,989 11,109 48,629 42,966 13.2

    Consumer goods.................................. 213,094 212,748 210,071 0.2 1.3 0.8 213,157 216,803 195,768 207,363 822,750 809,038 1.7

      Consumer durable goods..................... 42,819 44,161 44,151 ‐3.0 0.0 ‐0.3 42,899 47,889 43,441 42,845 174,425 166,961 4.5

      Consumer nondurable goods................ 170,275 168,587 165,920 1.0 1.6 1.1 170,258 168,914 152,327 164,518 648,325 642,077 1.0

  All manufacturing industries5

...................... 499,273 503,295 496,780 ‐0.8 1.3 ‐1.0 498,480 531,717 462,788 490,836 1,958,023 1,927,157 1.6

    Construction materials and supplies....... 51,750 51,590 52,066 0.3 ‐0.9 ‐0.7 54,388 51,890 46,844 53,613 200,496 197,398 1.6

    Information technology......................... 25,904 25,850 25,218 0.2 2.5 ‐0.5 23,992 29,148 22,870 22,507 97,736 91,625 6.7

    Computers and related products........... 1,822 1,752 1,841 4.0 ‐4.8 0.7 1,509 1,915 1,356 1,608 6,227 6,331 ‐1.6

    Motor vehicle and parts......................... 60,110 62,146 61,880 ‐3.3 0.4 ‐0.1 60,621 67,146 62,138 58,446 247,066 231,112 6.9

    Capital goods......................................      88,711 91,900 86,489 ‐3.5 6.3 ‐7.3 82,382 107,870 77,744 84,161 347,967 346,940 0.3

      Nondefense capital goods3

.................. 73,898 77,840 75,890 ‐5.1 2.6 ‐5.9 70,637 89,122 67,519 74,125 297,266 303,914 ‐2.2

        Excluding aircraft............................. 68,706 69,396 69,166 ‐1.0 0.3 0.3 68,121 75,614 65,556 66,515 272,926 266,074 2.6

      Defense capital goods4

........................ 14,813 14,060 10,599 5.4 32.7 ‐16.5 11,745 18,748 10,225 10,036 50,701 43,026 17.8

    Consumer goods.................................. 213,071 212,656 210,037 0.2 1.2 0.9 213,218 216,806 195,731 207,342 822,895 809,559 1.6

      Consumer durable goods..................... 42,796 44,069 44,117 ‐2.9 ‐0.1 ‐0.2 42,960 47,892 43,404 42,824 174,570 167,482 4.2

      Consumer nondurable goods.............. 170,275 168,587 165,920 1.0 1.6 1.1 170,258 168,914 152,327 164,518 648,325 642,077 1.0

  All manufacturing industries5

...................... 1,179,270 1,179,904 1,179,211 ‐0.1 0.1 ‐0.4 1,186,500 1,189,294 1,179,670 1,162,136 (X) (X) 2.1

    Construction materials and supplies....... 59,700 59,810 60,124 ‐0.2 ‐0.5 ‐0.1 60,998 60,147 59,656 58,087 (X) (X) 5.0

    Information technology......................... 115,543 115,404 114,927 0.1 0.4 ‐0.2 116,839 116,688 115,090 113,412 (X) (X) 3.0

    Computers and related products........... 2,215 2,229 2,227 ‐0.6 0.1 ‐0.4 2,215 2,229 2,227 2,006 (X) (X) 10.4

    Motor vehicle and parts......................... 27,179 27,308 27,515 ‐0.5 ‐0.8 0.6 27,589 28,328 28,350 26,994 (X) (X) 2.2

    Capital goods......................................      864,513 864,616 863,526 0.0 0.1 ‐0.6 868,769 871,320 862,876 863,077 (X) (X) 0.7

      Nondefense capital goods3

.................. 705,288 707,295 707,743 ‐0.3 ‐0.1 ‐0.4 708,920 711,377 707,519 716,736 (X) (X) ‐1.1

        Excluding aircraft............................. 220,512 221,182 221,166 ‐0.3 0.0 ‐0.3 223,014 222,961 222,040 220,620 (X) (X) 1.1

      Defense capital goods4........................ 159,225 157,321 155,783 1.2 1.0 ‐1.1 159,849 159,943 155,357 146,341 (X) (X) 9.2

    Consumer goods.................................. 4,417 4,440 4,532 ‐0.5 ‐2.0 ‐0.7 4,631 4,570 4,567 5,332 (X) (X) ‐13.1

      Consumer durable goods..................... 4,417 4,440 4,532 ‐0.5 ‐2.0 ‐0.7 4,631 4,570 4,567 5,332 (X) (X) ‐13.1

  All manufacturing industries....................... 692,949 691,141 688,334 0.3 0.4 0.3 696,905 690,232 691,949 670,770 (X) (X) 3.9

    Construction materials and supplies....... 73,937 74,267 74,379 ‐0.4 ‐0.2 0.1 74,760 75,058 75,433 71,523 (X) (X) 4.5

    Information technology......................... 40,177 40,249 39,916 ‐0.2 0.8 0.2 40,250 39,793 40,206 38,482 (X) (X) 4.6

    Computers and related products........... 3,734 3,869 3,834 ‐3.5 0.9 3.6 3,674 3,729 3,978 3,611 (X) (X) 1.7

    Motor vehicle and parts......................... 38,051 37,760 37,839 0.8 ‐0.2 1.2 38,128 37,663 38,428 35,624 (X) (X) 7.0

    Capital goods......................................      209,293 208,198 206,757 0.5 0.7 0.2 210,522 207,351 207,696 199,703 (X) (X) 5.4

      Nondefense capital goods3

.................. 185,903 184,956 183,735 0.5 0.7 0.2 187,081 184,067 184,726 177,409 (X) (X) 5.5

        Excluding aircraft............................. 129,077 128,976 128,099 0.1 0.7 0.0 129,385 128,394 128,694 122,993 (X) (X) 5.2

      Defense capital goods4

........................ 23,390 23,242 23,022 0.6 1.0 0.3 23,441 23,284 22,970 22,294 (X) (X) 5.1

    Consumer goods.................................. 204,341 203,699 202,199 0.3 0.7 0.6 204,876 202,159 201,786 200,814 (X) (X) 2.0

      Consumer durable goods..................... 31,455 31,217 31,277 0.8 ‐0.2 1.3 31,480 30,831 31,873 29,683 (X) (X) 6.1

      Consumer nondurable goods................ 172,886 172,482 170,922 0.2 0.9 0.5 173,396 171,328 169,913 171,131 (X) (X) 1.3

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, April Full Report, June 4, 2019.  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 April

Apr. Mar. Feb. Mar. ‐ Feb. ‐ Jan. ‐ Apr. Mar. Feb. Apr. 2019/

2019p 2019r 2019 Apr. Mar. Feb. 2019p 2019r 2019 2018 2018

MATERIALS AND SUPPLIES

  All manufacturing industries....................... 238,372 238,437 238,596 0.0 ‐0.1 ‐0.1 238,274 237,764 239,047 227,391 4.8

    Durable goods industries.......................... 146,129 145,969 146,067 0.1 ‐0.1 ‐0.2 145,432 145,169 146,176 136,502 6.5

      Wood products................................... 5,173 5,175 5,161 0.0 0.3 ‐0.8 4,922 5,158 5,343 4,794 2.7

      Nonmetallic mineral products................. 6,209 6,172 6,189 0.6 ‐0.3 2.3 6,245 6,192 6,198 5,897 5.9

      Primary metals.................................... 13,340 13,098 13,484 1.8 ‐2.9 1.2 12,987 12,827 13,496 12,030 8.0

      Fabricated metal products..........................       20,593 20,698 20,701 ‐0.5 0.0 0.0 20,438 20,503 20,579 19,311 5.8

      Machinery.......................................... 29,229 29,267 28,938 ‐0.1 1.1 ‐0.5 29,158 29,247 28,917 26,279 11.0

      Computers and electronic products........ 19,033 18,850 18,861 1.0 ‐0.1 ‐0.9 19,173 18,642 18,910 18,434 4.0

      Electrical equipment, appliances,

         and components............................... 8,467 8,496 8,491 ‐0.3 0.1 0.6 8,575 8,548 8,504 7,814 9.7

      Transportation equipment..................... 32,165 32,269 32,302 ‐0.3 ‐0.1 ‐0.7 32,132 32,297 32,388 30,469 5.5

      Furniture and related products............... 3,928 3,945 3,965 ‐0.4 ‐0.5 0.1 3,863 3,885 3,940 3,781 2.2

      Miscellaneous products......................... 7,992 7,999 7,975 ‐0.1 0.3 ‐0.4 7,939 7,870 7,901 7,693 3.2

   Nondurable goods industries...................... 92,243 92,468 92,529 ‐0.2 ‐0.1 0.2 92,842 92,595 92,871 90,889 2.1

      Food  products.................................... 17,713 18,007 17,953 ‐1.6 0.3 0.7 17,598 17,731 17,738 17,926 ‐1.8

      Beverage and tobacco products........................ 5,979 5,955 5,985 0.4 ‐0.5 ‐0.1 6,014 6,032 6,167 5,978 0.6

      Textiles.............................................. 1,160 1,182 1,193 ‐1.9 ‐0.9 0.2 1,167 1,180 1,192 1,129 3.4

      Textile products................................... 1,361 1,361 1,356 0.0 0.4 ‐0.1 1,357 1,372 1,363 1,307 3.8

      Apparel............................................. 505 500 509 1.0 ‐1.8 ‐1.7 512 500 516 492 4.1

      Leather and allied products.................... 272 277 278 ‐1.8 ‐0.4 ‐0.4 270 271 273 246 9.8

      Paper products.................................... 8,225 8,250 8,242 ‐0.3 0.1 0.5 8,181 8,281 8,287 7,957 2.8

      Printing ............................................. 2,785 2,800 2,831 ‐0.5 ‐1.1 ‐2.0 2,786 2,794 2,827 2,785 0.0

      Petroleum and coal products................. 11,559 11,358 11,122 1.8 2.1 0.8 12,062 11,447 10,970 12,295 ‐1.9

      Chemical products................................ 31,255 31,343 31,531 ‐0.3 ‐0.6 ‐0.5 31,472 31,558 31,931 29,802 5.6

      Plastics and rubber products.................. 11,429 11,435 11,529 ‐0.1 ‐0.8 1.1 11,423 11,429 11,607 10,972 4.1

WORK IN PROCESS

  All manufacturing industries....................... 213,239 211,818 210,686 0.7 0.5 0.9 215,491 211,534 211,913 207,896 3.7

    Durable goods industries.......................... 157,123 155,674 154,724 0.9 0.6 1.1 158,931 155,303 156,064 152,382 4.3

      Wood products................................... 2,193 2,203 2,206 ‐0.5 ‐0.1 0.5 2,234 2,282 2,264 2,258 ‐1.1

      Nonmetallic mineral products................. 1,585 1,574 1,568 0.7 0.4 ‐1.1 1,642 1,631 1,624 1,586 3.5

      Primary metals.................................... 10,560 10,667 10,695 ‐1.0 ‐0.3 0.1 10,621 10,579 10,643 10,267 3.4

      Fabricated metal products..........................       14,139 14,182 14,137 ‐0.3 0.3 0.1 14,157 14,153 14,162 13,689 3.4

      Machinery.......................................... 18,673 18,452 18,328 1.2 0.7 ‐0.4 18,743 18,269 18,505 18,839 ‐0.5

      Computers and electronic products........ 12,470 12,520 12,500 ‐0.4 0.2 0.8 12,806 12,580 12,653 13,551 ‐5.5

      Electrical equipment, appliances,

         and components............................... 4,319 4,299 4,236 0.5 1.5 1.4 4,400 4,311 4,292 3,918 12.3

      Transportation equipment..................... 87,924 86,496 85,811 1.7 0.8 1.8 89,027 86,253 86,662 83,106 7.1

      Furniture and related products............... 1,354 1,356 1,367 ‐0.1 ‐0.8 ‐1.4 1,370 1,358 1,371 1,429 ‐4.1

      Miscellaneous products......................... 3,906 3,925 3,876 ‐0.5 1.3 0.5 3,931 3,887 3,888 3,739 5.1

   Nondurable goods industries...................... 56,116 56,144 55,962 0.0 0.3 0.5 56,560 56,231 55,849 55,514 1.9

      Food  products.................................... 6,170 6,045 5,952 2.1 1.6 ‐0.3 5,924 5,950 6,153 6,206 ‐4.5

      Beverage and tobacco products........................ 9,715 9,669 9,639 0.5 0.3 0.9 9,809 9,849 9,886 9,434 4.0

      Textiles.............................................. 732 735 738 ‐0.4 ‐0.4 ‐1.2 740 732 737 713 3.8

      Textile products................................... 428 431 432 ‐0.7 ‐0.2 0.5 431 434 437 415 3.9

      Apparel............................................. 338 352 344 ‐4.0 2.3 0.9 331 342 345 317 4.4

      Leather and allied products.................... 76 71 76 7.0 ‐6.6 ‐2.6 77 72 77 75 2.7

      Paper products.................................... 1,352 1,357 1,361 ‐0.4 ‐0.3 0.4 1,349 1,361 1,356 1,271 6.1

      Printing ............................................. 1,264 1,232 1,214 2.6 1.5 0.4 1,270 1,229 1,210 1,097 15.8

      Petroleum and coal products................. 13,052 13,171 12,929 ‐0.9 1.9 2.0 13,670 13,105 12,566 13,374 2.2

      Chemical products................................ 19,829 19,894 20,093 ‐0.3 ‐1.0 ‐0.3 19,758 19,931 19,849 19,485 1.4

      Plastics and rubber products.................. 3,160 3,187 3,184 ‐0.8 0.1 ‐0.8 3,201 3,226 3,233 3,127 2.4

FINISHED GOODS

  All manufacturing industries....................... 241,338 240,886 239,052 0.2 0.8 0.1 243,140 240,934 240,989 235,483 3.3

    Durable goods industries.......................... 119,197 119,153 118,559 0.0 0.5 0.1 120,460 119,431 120,396 115,384 4.4

      Wood products................................... 4,893 4,901 4,911 ‐0.2 ‐0.2 ‐0.8 5,029 5,132 5,104 5,015 0.3

      Nonmetallic mineral products................. 7,180 7,222 7,190 ‐0.6 0.4 ‐1.2 7,364 7,438 7,379 6,932 6.2

      Primary metals.................................... 12,590 12,638 12,482 ‐0.4 1.2 ‐1.5 12,749 12,806 12,585 11,977 6.4

      Fabricated metal products..........................       19,915 20,044 20,048 ‐0.6 0.0 0.6 20,314 20,345 20,353 19,501 4.2

      Machinery.......................................... 23,919 23,928 23,668 0.0 1.1 0.3 24,343 24,219 24,076 23,090 5.4

      Computers and electronic products........ 11,886 12,025 11,870 ‐1.2 1.3 ‐0.2 11,723 11,663 12,063 11,645 0.7

      Electrical equipment, appliances,

         and components............................... 7,536 7,492 7,352 0.6 1.9 1.8 7,608 7,529 7,465 6,926 9.8

      Transportation equipment..................... 16,002 15,827 16,100 1.1 ‐1.7 0.7 16,037 15,414 16,374 15,785 1.6

      Furniture and related products............... 2,782 2,741 2,717 1.5 0.9 ‐1.0 2,765 2,653 2,685 2,640 4.7

      Miscellaneous products......................... 12,494 12,335 12,221 1.3 0.9 0.7 12,528 12,232 12,312 11,873 5.5

   Nondurable goods industries...................... 122,141 121,733 120,493 0.3 1.0 0.1 122,680 121,503 120,593 120,099 2.1

      Food  products.................................... 30,238 30,169 30,061 0.2 0.4 ‐0.3 29,583 29,448 29,732 29,590 0.0

      Beverage and tobacco products........................ 9,306 9,302 9,186 0.0 1.3 0.2 9,470 9,324 9,181 9,515 ‐0.5

      Textiles.............................................. 1,483 1,507 1,533 ‐1.6 ‐1.7 ‐1.8 1,489 1,506 1,541 1,386 7.4

      Textile products................................... 1,773 1,770 1,767 0.2 0.2 ‐1.1 1,778 1,773 1,796 1,699 4.6

      Apparel............................................. 1,122 1,100 1,079 2.0 1.9 ‐0.1 1,091 1,066 1,073 1,053 3.6

      Leather and allied products.................... 421 435 443 ‐3.2 ‐1.8 ‐2.4 418 424 432 460 ‐9.1

      Paper products.................................... 6,811 6,787 6,739 0.4 0.7 ‐0.4 6,867 6,873 6,833 6,644 3.4

      Printing ............................................. 1,563 1,567 1,551 ‐0.3 1.0 ‐0.6 1,581 1,564 1,541 1,564 1.1

      Petroleum and coal products................. 17,599 17,155 16,347 2.6 4.9 4.0 17,580 16,418 15,886 16,203 8.5

      Chemical products................................ 39,218 39,332 39,243 ‐0.3 0.2 ‐0.4 39,874 40,175 39,751 39,567 0.8

      Plastics and rubber products.................. 12,607 12,609 12,544 0.0 0.5 ‐1.0 12,949 12,932 12,827 12,418 4.3

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.     

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, April Full Report, June 4, 2019.  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 Apr Mar Feb Jan Apr Mar Feb Jan

2019p 2019r 2019 2019 2019p 2019r 2019 2019

All manufacturing industries3.................................... 1.37 1.36 1.36 1.36 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.67 1.64 1.62 1.62 6.69 6.61 6.56 6.57

  Wood products........................................................... 1.35 1.35 1.35 1.36 (X) (X) (X) (X)

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

  Primary metals............................................................ 1.74 1.72 1.71 1.73 1.50 1.50 1.48 1.49

  Fabricated metal products...................................... 1.64 1.63 1.62 1.62 2.65 2.62 2.62 2.63

  Machinery..................................................................... 2.18 2.17 2.12 2.14 3.51 3.54 3.50 3.52

  Computers and electronic products3

................... 1.55 1.56 1.54 1.57 5.38 5.41 5.42 5.38

  Electrical equipment, appliances,

      and components.................................................... 1.75 1.75 1.74 1.73 1.82 1.82 1.82 1.82

  Transportation equipment..................................... 1.59 1.50 1.50 1.46 15.12 14.56 14.46 14.30

  Furniture and related products............................ 1.19 1.19 1.20 1.21 1.42 1.41 1.45 1.48

  Miscellaneous products.......................................... 1.79 1.78 1.77 1.76 (X) (X) (X) (X)

Nondurable goods industries................................... 1.08 1.08 1.09 1.09 (X) (X) (X) (X)

  Food products............................................................. 0.80 0.81 0.80 0.81 (X) (X) (X) (X)

  Beverage and tobacco products........................... 2.01 2.09 2.02 1.95 (X) (X) (X) (X)

  Textiles.......................................................................... 1.37 1.37 1.39 1.41 (X) (X) (X) (X)

  Textile products......................................................... 1.57 1.55 1.53 1.54 (X) (X) (X) (X)

  Apparel........................................................................ 2.08 2.05 2.02 2.00 (X) (X) (X) (X)

  Leather and allied products................................ 1.84 1.87 1.83 1.89 (X) (X) (X) (X)

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

  Printing........................................................................ 0.85 0.84 0.83 0.84 (X) (X) (X) (X)

  Petroleum and coal products............................... 0.75 0.76 0.78 0.78 (X) (X) (X) (X)

  Chemical products................................................... 1.37 1.36 1.37 1.37 (X) (X) (X) (X)

  Plastics and rubber products................................ 1.38 1.37 1.37 1.37 (X) (X) (X) (X)

Apr3 Apr3 Apr3 Apr3

Industry 2018‐ 2018‐ 2018‐ 2018‐

Apr2 Mar Apr2 Mar Apr2 Mar Apr2 Mar

2019 2019 2019 2019 2019 2019 2019 2019

          

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

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

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

  Nonmetallic mineral products.............. (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

  Primary metals............................................. ‐0.1 0.3 ‐0.3 0.6 0.0 0.3 ‐0.1 0.3

  Fabricated metal products.................... 0.2 0.4 0.1 0.8 0.0 0.2 ‐0.3 0.1

  Machinery...................................................... 0.1 0.3 0.2 0.9 0.1 0.2 0.0 0.1

  Computers and electronic products..... ‐0.1 0.3 ‐0.1 0.5 0.0 0.1 0.1 0.1

  Electrical equipment, appliances,

      and components..................................... 0.0 0.4 0.0 0.5 0.1 0.2 ‐0.1 0.3

  Transportation equipment.................... 0.0 0.4 0.0 0.6 0.1 0.1 0.0 0.1

  Furniture and related products............. (X) 0.5 (X) 0.5 (X) 0.6 (X) 0.3

  Miscellaneous products.......................... (X) 0.2 (X) 0.1 (X) 0.1 (X) 0.1

Nondurable goods industries................... (X) 0.2 (X) (NA) (X) (NA) (X) 0.1

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

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

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

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

  Apparel......................................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.6

  Leather and allied products.................. (X) 0.7 (X) (NA) (X) (NA) (X) 0.5

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

  Printing.......................................................... (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

  Petroleum and coal products............... (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

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

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

X Not Applicable   p Preliminary

r

Revised data due to late receipts and concurrent seasonal adjustment.     2 Excludes the following industries with no unfilled orders:  Wood products; nonmetallic mineral products; medical equipment and supplies; office supplies;

other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and peripheral devices; audio and video

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

miscellaneous furniture.     3 Unfilled orders to shipments ratio excludes semiconductor manufacturing.  

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

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

sampling error cannot be calculated.  For further details on survey design, methodology, and data limitations see

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, April Full Report, June 4, 2019. 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, April Full Report, June 4, 2019. 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