Manufacturers' Shipments,

 Inventories, and Orders: July 2004 Issued September 2004

 M3-1(04)-07

 For Wire Transmission 10:00 a.m. E.D.T., September 2, 2004 Current 

 Industrial

 Reports

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

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

The advance report on durable goods for August is scheduled for September 24, 2004 at 8:30 a.m. and the full report on October 4, 2004 at 10:00 a.m. 

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

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

Total Manufacturing Shipments

and Three Month Moving Average

300

320

340

360

380

Jul-02

Sep-02

Nov-02

Jan-03

Mar-03

May-03

Jul-03

Sep-03

Nov-03

Jan-04

Mar-04

May-04

Jul-04

300

320

340

360

380

 Shipments Average

Billions Of Dollars

Total Manufacturing Inventories

and Three Month Moving Average

420

440

460

480

500

Jul-02

Sep-02

Nov-02

Jan-03

Mar-03

May-03

Jul-03

Sep-03

Nov-03

Jan-04

Mar-04

May-04

Jul-04

420

440

460

480

500

 Inventories Average

Billions Of Dollars
 2

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

for semiconductor manufacturing.

Summary

New orders for manufactured goods in July increased

$4.8 billion or 1.3 percent to $369.6 billion, the

Department of Commerce, Census Bureau reported today. 

This followed a 1.2 percent June increase.

Shipments, up four of the last five months, increased

$2.2 billion or 0.6 percent to $371.0 billion. This was at

the highest level since the series was first stated on a

NAICS basis in 1992 and followed a 1.1 percent June

increase.

Unfilled orders, up eleven of the last twelve months,

increased $6.1 billion or 1.2 percent to $533.6 billion. 

This followed a 0.6 percent June increase. The unfilled

orders-to-shipments ratio was 3.92, down from 3.94 in

June.

Inventories, up eight consecutive months, increased

$3.7 billion or 0.8 percent to $458.0 billion. This

followed a 1.0 percent June increase. The inventories-toshipments ratio was unchanged at 1.23.

New Orders

New orders for manufactured durable goods in July

increased $3.1 billion or 1.6 percent to $195.8 billion,

revised from the previously published $3.2 billion

increase.

Transportation equipment, up four of the last six

months, had the largest increase, $3.3 billion or 5.9

percent to $59.2 billion, due to nondefense aircraft and

parts, which increased $6.2 billion. Primary metals, up

six of the last seven months, increased $0.9 billion or 6.3

percent to $14.9 billion. 

New orders for manufactured nondurable goods

increased $1.8 billion or 1.0 percent to $173.9 billion.

Shipments

Shipments of manufactured durable goods in July, up

four of the last six months, increased $0.4 billion or 0.2

percent to $197.1 billion, revised from the previously

published $0.3 billion increase.

 Machinery had the largest increase, $0.7 billion or 3.0

percent to $25.1 billion. Computers and electronic

products increased $0.7 billion or 1.8 percent to $38.9

billion. 

 Shipments of manufactured nondurable goods, up

ten of the last eleven months, increased $1.8 billion or

1.0 percent to $173.9 billion. This was at the highest

level since the series began. Petroleum and coal

products had the largest increase, $1.8 billion or 6.8

percent to $28.6 billion. This was also at the highest

level since the series began. 

Unfilled Orders

 Unfilled orders of manufactured durable goods in

July, up eleven of the last twelve months, increased $6.1

billion or 1.2 percent to $533.6 billion, revised from the

previously published $6.2 billion increase.

Transportation equipment, up four of the last five

months, had the largest increase, $6.9 billion or 2.7

percent to $259.3 billion, due to nondefense aircraft and

parts, which increased $6.4 billion. Primary metals, up

fourteen consecutive months, increased $0.7 billion or

3.7 percent to $19.6 billion.

Inventories

Inventories of manufactured durable goods in July,

up eight consecutive months, increased $2.6 billion or

1.0 percent to $274.5 billion, revised from the

previously published $2.2 billion increase.

Transportation equipment, up three of the last four

months, had the largest increase, $0.7 billion or 1.1

percent to $69.3 billion.

Inventories of manufactured nondurable goods, up

seven consecutive months, increased $1.1 billion or 0.6

percent to $183.6 billion. This was at the highest level

since the series began in 1992. Petroleum and coal

products, up seven of the last eight months, increased

$0.8 billion or 4.5 percent to $17.7 billion. This was at

the highest level since the series began.

By stage of fabrication, July materials and supplies

increased 1.1 percent in durable goods and 1.0 percent

in nondurable goods. Work in process increased 1.6

percent in durable goods and decreased 1.1 percent in

nondurable goods. Finished goods increased 0.1

percent in durable goods and 0.9 percent in nondurable

goods.

SEE BACK PAGE FOR SURVEY DESCRIPTION

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

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

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

The advance report on durable goods for August is scheduled for September 24, 2004 at 8:30 A.M. EDT and the full report on October 4, 2004

at 10:00 A.M. EDT. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.
 3 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

July June May June - May -Apr. - July June May July 2004/

2004p 2004r 2004 July June May 2004p 2004r 2004 2003 2004p 2003 2003

 All manufacturing industries .................. 370,991 368,804 364,705 0.6 1.1 0.6 343,811 394,087 367,073 310,025 2,513,202 2,269,829 10.7

 Excluding transportation ................... 318,681 314,555 310,950 1.3 1.2 0.6 305,715 334,516 312,075 271,286 2,139,411 1,918,898 11.5

 Excluding defense .............................. 361,320 359,175 354,936 0.6 1.2 0.5 334,904 383,807 357,347 301,600 2,446,224 2,209,833 10.7

 With unfilled orders ........................... 136,033 134,058 131,960 1.5 1.6 -0.3 121,919 146,019 132,250 109,110 914,683 826,051 10.7

 Durable goods industries ........................ 197,141 196,708 194,389 0.2 1.2 -0.6 173,676 215,454 194,617 158,160 1,345,569 1,215,118 10.7

 Wood products................................. ...... 9,187 9,162 9,638 0.3 -4.9 1.3 9,470 10,144 10,087 7,993 63,256 51,163 23.6

 Nonmetallic mineral products................... 7,468 7,471 7,435 0.0 0.5 -2.7 7,792 8,057 7,586 7,666 51,677 50,091 3.2

 Primary metals............................ .......... 14,153 13,782 13,236 2.7 4.1 -0.1 13,326 14,522 13,659 10,157 93,362 77,224 20.9

 Iron and steel mills............................ 6,891 6,539 6,107 5.4 7.1 1.1 6,530 6,945 6,330 4,584 42,976 35,452 21.2

 Aluminum and nonferrous metals......... 5,659 5,680 5,619 -0.4 1.1 -1.1 5,358 5,883 5,771 4,431 39,754 32,760 21.3

 Ferrous metal foundries...................... 1,603 1,563 1,510 2.6 3.5 -0.9 1,438 1,694 1,558 1,142 10,632 9,012 18.0

 Fabricated metal products...................... 23,069 22,828 22,593 1.1 1.0 -0.1 22,038 24,035 22,910 19,867 154,860 141,907 9.1

 Machinery............................................. 25,071 24,340 23,258 3.0 4.7 -2.7 23,760 27,085 24,141 19,807 168,748 147,274 14.6

 Farm machinery................................. 1,866 1,718 1,690 8.6 1.7 -2.8 1,793 1,776 1,858 1,258 12,758 10,410 22.6

 Construction machinery..................... 2,341 2,272 2,250 3.0 1.0 0.8 2,270 2,577 2,520 1,739 16,508 12,349 33.7

 Mining, oil field, and 

 gas field machinery......................... 898 881 832 1.9 5.9 1.0 878 954 818 702 5,816 4,866 19.5

 Industrial machinery.......................... 3,569 3,400 3,022 5.0 12.5 -3.5 3,514 3,851 2,859 2,790 22,912 20,326 12.7

 Photographic equipment...................... 937 880 919 6.5 -4.2 -4.5 867 1,013 884 802 6,131 5,382 13.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,827 2,818 2,716 0.3 3.8 -1.2 2,796 3,477 2,918 2,542 19,385 17,515 10.7

 Metalworking machinery..................... 2,183 2,095 1,865 4.2 12.3 -4.9 1,989 2,342 1,788 1,464 13,472 11,614 16.0

 Turbines, generators, and other

 power transmission equipment....... 3,246 3,162 2,989 2.7 5.8 -3.6 2,765 3,438 3,177 2,270 21,430 18,478 16.0

 Material handling equipment............... 1,485 1,458 1,463 1.9 -0.3 -0.9 1,449 1,536 1,405 1,317 10,375 9,333 11.2

 Computers and electronic products ......... 38,912 38,226 38,148 1.8 0.2 -1.6 34,302 43,361 35,552 30,233 258,634 226,543 14.2

 Computers........................................ 5,357 5,081 5,256 5.4 -3.3 -15.9 5,762 5,067 4,370 5,305 36,475 30,890 18.1

 Computer storage devices................... 1,510 1,506 1,276 0.3 18.0 3.4 981 2,565 962 866 9,403 8,399 12.0

 Other peripheral equipment................ 1,634 1,530 1,648 6.8 -7.2 3.8 1,320 1,923 1,373 1,195 10,271 9,698 5.9

 Nondefense communications

 equipment.................................... 6,372 6,280 6,464 1.5 -2.8 -1.9 5,271 7,226 6,278 4,992 42,834 38,226 12.1

 Defense communications equipment... 485 518 490 -6.4 5.7 2.9 439 542 537 404 3,514 2,878 22.1

 Audio and video equipment.................. 691 675 670 2.4 0.7 -5.1 618 625 577 635 4,184 4,276 -2.2

 Semiconductors ................................. 7,465 7,158 7,298 4.3 -1.9 3.2 6,424 7,646 6,921 4,411 47,682 38,832 22.8

 Electronic components........................ 4,581 4,543 4,437 0.8 2.4 -0.2 4,177 4,875 4,379 3,753 30,260 27,777 8.9

 Nondefense search and navigation

 equipment..................................... 813 947 937 -14.1 1.1 3.2 754 1,051 936 803 6,153 5,740 7.2

 Defense search and navigation

 equipment..................................... 2,735 2,569 2,735 6.5 -6.1 5.8 2,593 2,698 2,716 2,517 17,888 16,433 8.9

 Electromedical, measuring,

 and control instruments................. 6,714 6,879 6,415 -2.4 7.2 1.5 5,461 8,611 6,028 4,916 46,366 40,111 15.6

 Electrical equipment, appliances, 

 and components................................... 9,118 8,741 8,769 4.3 -0.3 -0.4 8,412 9,547 8,793 7,767 60,138 57,514 4.6

 Electric lighting equipment................... 1,084 1,023 1,061 6.0 -3.6 -2.7 925 1,078 1,057 879 7,236 7,094 2.0

 Household appliances........................ 2,169 2,049 2,001 5.9 2.4 2.7 2,032 2,255 2,025 1,847 13,800 13,227 4.3

 Electrical equipment............................ 2,676 2,615 2,641 2.3 -1.0 -1.0 2,490 2,928 2,641 2,313 18,009 17,008 5.9

 Batteries........................................... 494 498 486 -0.8 2.5 -0.8 406 540 454 433 3,172 2,981 6.4

 Transportation equipment...................... 52,310 54,249 53,755 -3.6 0.9 0.4 38,096 59,571 54,998 38,739 373,791 350,931 6.5

 Automobiles..................................... 7,081 7,508 7,332 -5.7 2.4 -2.1 4,362 8,253 7,578 4,931 51,957 49,297 5.4

 Light trucks and utility vehicles............ 9,528 11,065 10,955 -13.9 1.0 -5.3 5,509 12,259 11,179 6,840 77,952 71,961 8.3

 Heavy duty trucks ............................. 1,284 1,235 1,159 4.0 6.6 -3.1 1,228 1,385 1,213 1,010 8,406 7,471 12.5

 Motor vehicle bodies, parts, 

 and trailers.................................... 18,739 18,360 18,151 2.1 1.2 -1.1 13,879 19,722 18,948 13,477 128,913 124,185 3.8

 Nondefense aircraft and parts.............. 5,938 6,226 6,608 -4.6 -5.8 20.4 4,649 7,255 6,342 4,723 39,797 38,273 4.0

 Defense aircraft and parts.................. 3,532 3,706 3,664 -4.7 1.1 4.3 3,199 4,061 3,523 2,918 25,622 21,855 17.2

 Ships and boats................................. 2,458 2,450 2,417 0.3 1.4 0.6 2,076 2,504 2,704 1,813 16,415 14,305 14.8

 Furniture and related products................. 6,445 6,196 6,276 4.0 -1.3 1.4 6,092 6,268 6,118 5,661 42,720 39,493 8.2

 Miscellaneous durable goods................. 11,408 11,713 11,281 -2.6 3.8 0.0 10,388 12,864 10,773 10,270 78,383 72,978 7.4

 Nondurable goods industries................... 173,850 172,096 170,316 1.0 1.0 2.0 170,135 178,633 172,456 151,865 1,167,633 1,054,711 10.7

 Food products....................................... 41,574 41,464 41,340 0.3 0.3 2.9 39,505 41,894 40,657 36,762 275,336 259,973 5.9

 Grain and oilseed milling..................... 3,461 3,412 3,422 1.4 -0.3 -2.4 3,292 3,247 3,425 4,010 23,770 28,020 -15.2

 Dairy products.................................. 6,609 6,711 6,885 -1.5 -2.5 4.5 6,362 6,964 7,016 5,429 44,340 36,690 20.9

 Meat, poultry, and seafood products... 12,507 12,575 12,326 -0.5 2.0 8.1 12,304 13,035 12,489 10,986 81,528 76,740 6.2

 Beverage and tobacco products............... 9,046 9,454 8,926 -4.3 5.9 0.0 9,332 10,023 9,519 9,154 63,016 61,735 2.1

 Beverages......................................... 5,936 5,903 5,974 0.6 -1.2 2.0 6,222 6,472 6,567 5,920 41,544 39,948 4.0

 Tobacco............................................ 3,110 3,551 2,952 -12.4 20.3 -3.8 3,110 3,551 2,952 3,234 21,472 21,787 -1.4

 Textile mills........................................... 3,493 3,330 3,470 4.9 -4.0 1.1 3,248 3,586 3,545 2,940 23,953 22,988 4.2

 Textile products................................... 3,143 3,121 3,108 0.7 0.4 0.3 3,204 3,306 3,146 2,952 22,087 19,918 10.9

 Apparel................................................ 4,732 4,786 4,824 -1.1 -0.8 1.6 4,822 4,702 4,383 4,477 32,020 29,594 8.2

 Leather and allied products..................... 875 909 877 -3.7 3.6 -0.1 846 946 814 886 5,957 6,193 -3.8

 Paper products...................................... 14,561 14,844 14,115 -1.9 5.2 0.7 14,395 15,402 14,038 13,264 98,969 92,446 7.1

 Pulp, paper, and paperboard mills....... 6,078 6,001 5,948 1.3 0.9 1.3 6,075 6,164 5,862 5,794 41,304 40,436 2.1

 Paperboard containers........................ 3,970 3,857 3,734 2.9 3.3 -0.6 3,941 3,997 3,773 3,595 26,289 25,646 2.5

 Printing................................................. 8,066 8,160 7,994 -1.2 2.1 2.0 7,574 8,097 7,606 7,242 53,719 54,042 -0.6

 Petroleum and coal products.................. 28,616 26,798 27,336 6.8 -2.0 5.7 29,549 28,332 29,491 20,650 184,688 136,592 35.2

 Petroleum refineries.......................... 26,410 24,646 25,146 7.2 -2.0 5.9 26,992 25,733 27,190 18,640 170,218 125,164 36.0

 Basic chemicals...................................... 42,777 42,263 41,750 1.2 1.2 0.9 41,133 44,257 42,073 38,284 290,426 263,454 10.2

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 1,804 1,723 1,656 4.7 4.0 2.7 1,558 1,992 2,248 1,343 13,605 12,182 11.7

 Pharmaceuticals and medicines............ 10,203 10,080 9,843 1.2 2.4 1.8 9,470 10,048 9,634 10,477 66,773 67,795 -1.5

 Paints, coatings, and adhesives.......... 2,458 2,495 2,534 -1.5 -1.5 -5.8 2,627 2,691 2,704 2,544 18,092 16,805 7.7

 Plastics and rubber products.................. 16,967 16,967 16,576 0.0 2.4 -0.6 16,527 18,088 17,184 15,254 117,462 107,776 9.0

p Preliminary r

 Revised NA Not available.

1

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

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

Year to date
 4

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

July June May June - May -Apr. - July June May July 2004/

2004p 2004r 2004 July June May 2004p 2004r 2004 2003 2004p 2003 2003

All manufacturing industries 2................... 369,634 364,818 360,561 1.3 1.2 0.4 340,707 385,255 361,888 302,764 2,496,909 2,236,913 11.6

 Excluding transportation 2

................... 310,469 308,970 307,265 0.5 0.6 0.8 297,775 325,383 308,886 266,663 2,115,912 1,884,557 12.3

 Excluding defense 2

............................. 360,199 353,682 351,921 1.8 0.5 0.6 334,685 374,476 355,079 297,103 2,428,035 2,170,966 11.8

 With unfilled orders 2

.......................... 142,141 137,230 135,114 3.6 1.6 -0.7 125,239 144,833 133,986 106,260 946,072 831,967 13.7

 Durable goods industries 2........................ 195,784 192,722 190,245 1.6 1.3 -0.9 170,572 206,622 189,432 150,899 1,329,276 1,182,202 12.4

 Primary metals............................ ............ 14,856 13,973 13,706 6.3 1.9 2.8 14,028 14,393 14,093 10,136 97,222 77,059 26.2

 Iron and steel mills.............................. 7,407 6,629 6,339 11.7 4.6 2.1 7,002 6,813 6,650 4,583 45,100 35,272 27.9

 Aluminum and nonferrous metals......... 5,786 5,790 5,737 -0.1 0.9 2.0 5,543 5,948 5,801 4,417 41,191 32,762 25.7

 Ferrous metal foundries...................... 1,663 1,554 1,630 7.0 -4.7 8.3 1,483 1,632 1,642 1,136 10,931 9,025 21.1

 Fabricated metal products...................... 22,797 23,123 22,573 -1.4 2.4 -5.8 21,873 23,804 23,557 20,258 161,746 141,770 14.1

 Machinery............................................. 24,970 24,575 24,223 1.6 1.5 0.1 23,336 26,486 24,915 19,781 173,986 146,157 19.0

 Construction machinery....................... 2,280 2,199 2,228 3.7 -1.3 -4.7 1,902 2,260 2,356 1,871 17,662 12,449 41.9

 Mining, oil field, and

 gas field machinery......................... 883 893 906 -1.1 -1.4 2.7 863 966 892 670 6,186 4,726 30.9

 Industrial machinery............................ 3,699 3,764 3,231 -1.7 16.5 11.6 3,857 3,927 3,030 2,788 24,301 20,675 17.5

 Photographic equipment...................... 914 852 909 7.3 -6.3 -6.2 864 960 867 821 6,205 5,578 11.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,833 2,712 2,957 4.5 -8.3 3.3 2,814 3,216 3,232 2,680 20,016 17,904 11.8

 Metalworking machinery....................... 2,190 2,084 1,987 5.1 4.9 -4.3 1,938 2,346 1,902 1,479 14,065 11,656 20.7

 Turbines, generators, and other 

 power transmission equipment.......... 3,023 2,997 3,145 0.9 -4.7 -0.5 2,526 3,262 3,411 2,160 21,825 16,162 35.0

 Material handling equipment............... 1,484 1,503 1,553 -1.3 -3.2 -0.4 1,300 1,573 1,408 1,166 10,342 9,097 13.7

 Computers and electronic products 2...... 30,575 32,090 32,468 -4.7 -1.2 0.1 26,014 35,667 29,787 25,148 216,741 192,456 12.6

 Computers........................................ 5,098 5,673 5,765 -10.1 -1.6 -0.5 5,151 5,595 5,393 4,606 35,995 31,026 16.0

 Nondefense communications

 equipment...................................... 6,115 5,756 6,191 6.2 -7.0 -17.3 4,699 5,758 5,903 5,366 43,042 43,167 -0.3

 Defense communications equipment... 472 529 383 -10.8 38.1 -3.5 426 553 430 382 3,480 3,054 13.9

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

 Electronic components........................ 4,106 4,662 4,993 -11.9 -6.6 6.7 3,726 5,187 4,811 3,588 31,565 25,385 24.3

 Nondefense search and navigation

 equipment..................................... 889 911 1,023 -2.4 -10.9 2.1 858 988 1,065 857 6,421 5,996 7.1

 Defense search and navigation

 equipment...................................... 2,888 2,896 2,957 -0.3 -2.1 7.6 2,051 3,033 2,198 1,870 19,745 16,576 19.1

 Electromedical, measuring,

 and control instruments.................... 6,617 7,412 7,040 -10.7 5.3 13.3 5,682 8,908 6,600 5,347 49,031 41,596 17.9

 Electrical equipment, appliances, 

 and components................................... 9,063 8,473 8,930 7.0 -5.1 -4.8 8,592 9,005 8,993 7,870 61,603 57,638 6.9

 Electric lighting equipment................... 963 818 1,158 17.7 -29.4 -14.9 805 873 1,201 848 7,410 7,078 4.7

 Household appliances.......................... 2,146 1,919 2,048 11.8 -6.3 1.9 2,085 2,015 2,064 1,931 13,723 13,337 2.9

 Electrical equipment............................ 2,643 2,673 2,629 -1.1 1.7 -10.0 2,513 2,907 2,663 2,330 18,664 17,370 7.4

 Transportation equipment........................ 59,165 55,848 53,296 5.9 4.8 -1.8 42,932 59,872 53,002 36,101 380,997 352,356 8.1

 Motor vehicle bodies, parts, 

 and trailers..................................... 18,582 18,630 18,560 -0.3 0.4 -1.0 13,945 19,683 19,028 13,888 130,118 124,144 4.8

 Nondefense aircraft and parts.............. 12,341 6,130 6,751 101.3 -9.2 14.6 10,741 7,153 6,357 4,001 44,919 32,208 39.5

 Defense aircraft and parts................... 3,176 5,152 2,841 -38.4 81.3 23.8 1,892 5,258 2,248 1,852 22,592 26,764 -15.6

 Ships and boats.................................. 2,312 2,120 2,156 9.1 -1.7 9.4 1,444 1,949 2,120 1,104 15,239 12,191 25.0

 Furniture and related products................. 6,342 6,273 6,365 1.1 -1.4 1.3 6,194 6,309 6,309 5,664 43,767 40,025 9.3

 Nondurable goods industries.................. 173,850 172,096 170,316 1.0 1.0 2.0 170,135 178,633 172,456 151,865 1,167,633 1,054,711 10.7

p

 Preliminary r Revised NA Not available.

1

 New orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 2

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

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

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

calculated. Further details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication,

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

Year to date
 5 

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

July June May June - May - Apr. - July June May July July

2004p 2004r 2004 July June May 2004p 2004r 2004 2003 04/03

All manufacturing industries 1................... 533,645 527,537 524,365 1.2 0.6 0.6 533,805 530,485 531,671 486,595 9.7

 Excluding transportation 1................... 274,335 275,082 273,509 -0.3 0.6 1.3 275,318 276,834 278,321 240,754 14.4

 Excluding defense 1

............................. 373,316 366,972 365,307 1.7 0.5 1.2 373,952 367,747 369,432 336,099 11.3

 Durable goods industries 1

........................ 533,645 527,537 524,365 1.2 0.6 0.6 533,805 530,485 531,671 486,595 9.7

 Primary metals........................................ 19,626 18,923 18,732 3.7 1.0 2.6 19,862 19,160 19,289 14,294 39.0

 Iron and steel mills.............................. 11,283 10,767 10,677 4.8 0.8 2.2 11,391 10,919 11,051 7,620 49.5

 Aluminum and nonferrous metals......... 5,692 5,565 5,455 2.3 2.0 2.2 5,855 5,670 5,605 4,483 30.6

 Ferrous metal foundries...................... 2,651 2,591 2,600 2.3 -0.3 4.8 2,616 2,571 2,633 2,191 19.4

 Fabricated metal products...................... 44,257 44,529 44,234 -0.6 0.7 0.0 44,907 45,072 45,303 36,763 22.2

 Machinery.............................................. 48,247 48,348 48,113 -0.2 0.5 2.0 48,120 48,544 49,143 41,303 16.5

 Construction machinery....................... 4,077 4,138 4,211 -1.5 -1.7 -0.5 3,860 4,228 4,545 2,109 83.0

 Mining, oil field, and

 gas field machinery......................... 1,432 1,447 1,435 -1.0 0.8 5.4 1,432 1,447 1,435 758 88.9

 Industrial machinery............................ 8,591 8,461 8,097 1.5 4.5 2.6 8,727 8,384 8,308 7,821 11.6

 Photographic equipment...................... 887 910 938 -2.5 -3.0 -1.1 901 904 957 750 20.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,783 4,777 4,883 0.1 -2.2 5.2 4,878 4,860 5,121 4,385 11.2

 Metalworking machinery....................... 4,563 4,556 4,567 0.2 -0.2 2.7 4,553 4,604 4,600 3,685 23.6

 Turbines, generators, and other 

 power transmission equipment.......... 9,721 9,944 10,109 -2.2 -1.6 1.6 9,733 9,972 10,148 8,414 15.7

 Material handling equipment............... 4,942 4,943 4,898 0.0 0.9 1.9 4,828 4,977 4,940 4,653 3.8

 Computers and electronic products 1...... 135,130 136,002 134,980 -0.6 0.8 1.2 134,945 136,809 136,857 123,562 9.2

 Computers......................................... 8,461 8,720 8,128 -3.0 7.3 6.7 8,325 8,936 8,408 8,260 0.8

 Nondefense communications

 equipment...................................... 46,611 46,868 47,392 -0.5 -1.1 -0.6 46,588 47,160 48,628 46,746 -0.3

 Defense communications equipment... 3,355 3,368 3,357 -0.4 0.3 -3.1 3,355 3,368 3,357 3,118 7.6

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

 Electronic components.......................... 15,207 15,682 15,563 -3.0 0.8 3.7 15,234 15,685 15,373 13,092 16.4

 Nondefense search and navigation

 equipment..................................... 4,780 4,704 4,740 1.6 -0.8 1.8 4,849 4,745 4,808 4,745 2.2

 Defense search and navigation

 equipment...................................... 38,261 38,108 37,781 0.4 0.9 0.6 37,931 38,473 38,138 33,777 12.3

 Electromedical, measuring,

 and control instruments.................... 18,455 18,552 18,019 -0.5 3.0 3.6 18,663 18,442 18,145 13,824 35.0

 Electrical equipment, appliances, 

 and components................................... 14,753 14,808 15,076 -0.4 -1.8 1.1 14,880 14,700 15,242 13,916 6.9

 Electric lighting equipment................... 1,398 1,519 1,724 -8.0 -11.9 6.0 1,431 1,551 1,756 1,439 -0.6

 Household appliances.......................... 710 733 863 -3.1 -15.1 5.8 690 637 877 1,009 -31.6

 Electrical equipment............................ 8,848 8,881 8,823 -0.4 0.7 -0.1 8,928 8,905 8,926 8,433 5.9

 Transportation equipment........................ 259,310 252,455 250,856 2.7 0.6 -0.2 258,487 253,651 253,350 245,841 5.1

 Motor vehicle bodies, parts, 

 and trailers..................................... 14,867 15,024 14,754 -1.0 1.8 2.9 14,825 14,759 14,798 12,092 22.6

 Nondefense aircraft and parts.............. 110,812 104,409 104,505 6.1 -0.1 0.1 110,193 104,101 104,203 105,429 4.5

 Defense aircraft and parts................... 57,406 57,762 56,316 -0.6 2.6 -1.4 57,740 59,047 57,850 60,873 -5.1

 Ships and boats.................................. 19,746 19,892 20,222 -0.7 -1.6 -1.3 19,285 19,917 20,472 18,534 4.1

 Furniture and related products................. 6,121 6,224 6,147 -1.7 1.3 1.5 6,403 6,301 6,260 5,786 10.7

p

 Preliminary r Revised NA Not available.

1

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

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

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

July June May June - May - Apr. - July June May July July

2004p 2004r 2004 July June May 2004p 2004r 2004 2003 04/03

 All manufacturing industries..................... 458,023 454,310 449,946 0.8 1.0 0.7 460,873 452,403 453,817 442,188 4.2

 Excluding transportation...................... 388,772 385,799 381,696 0.8 1.1 0.9 390,902 384,372 385,221 373,951 4.5

 Excluding defense............................. 433,768 430,035 425,580 0.9 1.0 0.7 436,384 427,998 429,450 418,912 4.2

 With unfilled orders............................. 214,326 211,893 209,906 1.1 0.9 0.7 215,923 211,005 211,737 208,280 3.7

 Durable goods industries........................ 274,456 271,849 269,308 1.0 0.9 0.8 276,440 270,653 272,027 265,774 4.0

 Wood products........................................ 10,146 10,181 10,253 -0.3 -0.7 0.9 9,917 10,016 10,284 9,250 7.2

 Nonmetallic mineral products................... 9,286 9,198 9,236 1.0 -0.4 0.6 9,345 9,282 9,431 9,953 -6.1

 Primary metals........................................ 19,042 18,829 18,529 1.1 1.6 1.0 19,166 18,746 18,452 17,963 6.7

 Iron and steel mills.............................. 10,298 10,180 9,830 1.2 3.6 1.8 10,414 10,074 9,720 9,788 6.4

 Aluminum and nonferrous metals......... 6,960 6,889 6,967 1.0 -1.1 -0.5 6,960 6,870 6,939 6,481 7.4

 Ferrous metal foundries...................... 1,784 1,760 1,732 1.4 1.6 2.7 1,792 1,802 1,793 1,694 5.8

 Fabricated metal products......................... 33,469 32,903 32,481 1.7 1.3 1.7 33,648 32,862 32,739 31,165 8.0

 Machinery.............................................. 44,251 43,837 43,249 0.9 1.4 1.4 44,171 43,494 43,567 41,690 6.0

 Farm machinery.................................. 2,432 2,409 2,354 1.0 2.3 1.9 2,360 2,385 2,359 2,106 12.1

 Construction machinery........................ 4,168 4,015 3,875 3.8 3.6 2.4 4,093 3,958 3,870 3,375 21.3

 Mining, oil field, 

 and gas field machinery.................. 2,331 2,407 2,386 -3.2 0.9 1.5 2,360 2,452 2,429 2,300 2.6

 Industrial machinery............................ 6,914 6,969 6,931 -0.8 0.5 2.3 6,883 6,975 7,088 6,610 4.1

 Photographic equipment...................... 1,410 1,412 1,406 -0.1 0.4 1.5 1,410 1,398 1,447 1,408 0.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,335 4,246 4,230 2.1 0.4 0.0 4,355 4,196 4,364 4,094 6.4

 Metalworking machinery....................... 4,338 4,362 4,367 -0.6 -0.1 -0.9 4,409 4,332 4,394 4,591 -4.0

 Turbines, generators, and other

 power transmission equipment.......... 4,727 4,608 4,515 2.6 2.1 2.0 4,761 4,513 4,465 4,121 15.5

 Material handling equipment............... 2,409 2,394 2,326 0.6 2.9 -0.1 2,388 2,414 2,338 2,295 4.1

 Computers and electronic products......... 48,725 48,222 47,534 1.0 1.4 0.3 49,491 47,777 48,411 48,091 2.9

 Computers......................................... 2,517 2,463 2,337 2.2 5.4 2.8 2,481 2,525 2,428 2,503 -0.9

 Computer storage devices................... 1,222 1,215 1,184 0.6 2.6 -0.7 1,263 1,154 1,314 1,231 2.6

 Other peripheral equipment................ 2,456 2,404 2,362 2.2 1.8 2.2 2,503 2,317 2,409 2,388 4.8

 Nondefense communications

 equipment...................................... 9,507 9,351 9,388 1.7 -0.4 -0.4 9,683 9,127 9,630 10,068 -3.8

 Defense communications equipment...... 1,260 1,250 1,335 0.8 -6.4 -0.7 1,260 1,250 1,335 1,283 -1.8

 Audio and video equipment.................. 1,064 1,014 962 4.9 5.4 7.8 1,113 984 885 1,024 8.7

 Semiconductors1

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

 Electronic components.......................... 8,116 7,946 7,698 2.1 3.2 -1.8 8,265 7,857 7,814 7,799 6.0

 Nondefense search and navigation

 equipment...................................... 2,439 2,470 2,441 -1.3 1.2 -0.3 2,485 2,457 2,446 2,689 -7.6

 Defense search and navigation

 equipment...................................... 2,862 2,909 2,844 -1.6 2.3 0.2 2,899 2,934 2,863 2,789 3.9

 Electromedical, measuring 

 and control instruments.................... 10,232 10,243 10,166 -0.1 0.8 -0.1 10,267 10,149 10,254 10,194 0.7

 Electrical equipment, appliances, 

 and components................................... 12,706 12,629 12,504 0.6 1.0 1.6 12,761 12,681 12,912 12,406 2.9

 Electric lighting equipment................... 1,453 1,454 1,420 -0.1 2.4 0.6 1,511 1,494 1,456 1,518 -0.5

 Household appliances.......................... 2,245 2,214 2,193 1.4 1.0 1.1 2,262 2,240 2,361 2,074 9.1

 Electrical equipment............................ 4,456 4,425 4,391 0.7 0.8 2.6 4,397 4,354 4,467 3,946 11.4

 Batteries............................................ 597 598 604 -0.2 -1.0 1.7 628 622 637 578 8.7

 Transportation equipment...................... 69,251 68,511 68,250 1.1 0.4 -0.1 69,971 68,031 68,596 68,237 2.5

 Automobiles....................................... 2,115 2,184 2,084 -3.2 4.8 3.3 2,246 2,157 2,148 1,975 13.7

 Light trucks and utility vehicles............ 2,423 2,506 2,425 -3.3 3.3 -4.2 2,523 2,450 2,473 2,456 2.7

 Heavy duty trucks .............................. 795 803 786 -1.0 2.2 0.9 800 783 784 738 8.4

 Motor vehicle bodies, parts, 

 and trailers..................................... 16,056 16,068 15,905 -0.1 1.0 0.6 16,189 16,005 15,909 15,447 4.8

 Nondefense aircraft and parts.............. 24,398 23,542 23,498 3.6 0.2 -1.2 24,503 23,158 23,721 25,048 -2.2

 Defense aircraft and parts..................... 11,711 11,683 11,584 0.2 0.9 -0.1 11,857 11,763 11,460 11,012 7.7

 Ships and boats.................................. 3,133 3,268 3,253 -4.1 0.5 4.9 3,155 3,272 3,261 2,770 13.9

 Furniture and related products................. 8,132 8,117 7,980 0.2 1.7 1.7 8,371 8,319 8,101 8,036 4.2

 Miscellaneous durable goods.................... 19,448 19,422 19,292 0.1 0.7 1.2 19,599 19,445 19,534 18,983 3.2

 Nondurable goods industries................... 183,567 182,461 180,638 0.6 1.0 0.6 184,433 181,750 181,790 176,414 4.5

 Food products........................................ 34,030 34,037 33,704 0.0 1.0 0.7 33,478 32,825 32,743 32,401 3.3

 Grain and oilseed milling..................... 2,878 3,146 3,262 -8.5 -3.6 -1.7 2,681 2,913 3,027 3,359 -20.2

 Dairy products.................................... 4,052 4,110 4,112 -1.4 0.0 5.5 4,201 4,289 4,285 3,606 16.5

 Meat, poultry, and seafood products...... 6,391 6,342 6,246 0.8 1.5 0.5 6,325 6,251 6,266 5,942 6.4

 Beverage and tobacco products............... 14,575 14,735 14,511 -1.1 1.5 -1.2 13,985 14,351 14,254 14,043 -0.4

 Beverages......................................... 9,979 10,101 9,870 -1.2 2.3 -2.1 9,691 9,986 9,810 9,512 1.9

 Tobacco........................................... 4,596 4,634 4,641 -0.8 -0.2 0.8 4,294 4,365 4,444 4,531 -5.2

 Textile mills........................................... 4,824 4,863 4,862 -0.8 0.0 -0.3 4,907 4,910 5,026 5,147 -4.7

 Textile products...................................... 5,180 5,152 5,102 0.5 1.0 0.1 5,226 5,236 5,234 5,043 3.6

 Apparel................................................. 6,975 6,946 6,871 0.4 1.1 -0.1 7,362 7,256 6,941 7,773 -5.3

 Leather and allied products..................... 1,645 1,629 1,636 1.0 -0.4 -1.7 1,692 1,645 1,655 1,681 0.7

 Paper products....................................... 14,605 14,342 14,348 1.8 0.0 0.9 14,626 14,329 14,450 14,879 -1.7

 Pulp, paper, and paperboard mills.......... 6,291 6,122 6,199 2.8 -1.2 -0.1 6,280 6,118 6,267 6,674 -5.9

 Paperboard containers........................ 4,317 4,236 4,175 1.9 1.5 2.3 4,341 4,225 4,163 4,219 2.9

 Printing.................................................. 6,455 6,399 6,422 0.9 -0.4 4.4 6,781 6,418 6,318 6,499 4.3

 Petroleum and coal products..................... 17,717 16,962 16,759 4.5 1.2 2.1 18,263 17,411 17,754 15,580 17.2

 Petroleum refineries............................. 16,059 15,350 15,182 4.6 1.1 2.4 16,527 15,710 16,083 13,982 18.2

 Basic chemicals...................................... 56,010 56,186 55,550 -0.3 1.1 0.5 56,493 56,128 56,154 53,076 6.4

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,395 2,399 2,353 -0.2 2.0 0.9 2,079 2,153 2,317 2,032 2.3

 Pharmaceuticals and medicines............ 23,548 23,906 23,603 -1.5 1.3 0.4 24,020 24,130 23,926 21,166 13.5

 Paints, coatings, and adhesives............. 2,827 2,822 2,802 0.2 0.7 0.7 2,856 2,851 2,850 2,786 2.5

 Plastics and rubber products..................... 21,551 21,210 20,873 1.6 1.6 0.6 21,620 21,241 21,261 20,292 6.5

p

 Preliminary r Revised NA Not available.

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

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

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

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

July June May June - May - Apr. - July June May July 2004/

2004p 2004r 2004 July June May 2004p 2004r 2004 2003 2004p 2003 2003

SHIPMENTS

 All manufacturing industries .................. 370,991 368,804 364,705 0.6 1.1 0.6 343,811 394,087 367,073 310,025 2,513,202 2,269,829 10.7

 Construction materials and supplies...... 39,305 39,119 39,373 0.5 -0.6 -0.8 39,489 42,770 40,517 35,627 268,184 240,301 11.6

 Information technology......................... 30,498 29,961 29,912 1.8 0.2 -2.9 27,127 34,599 27,752 25,166 204,744 182,520 12.2

 Computers and related products .......... 8,501 8,117 8,180 4.7 -0.8 -9.8 8,063 9,555 6,705 7,366 56,149 48,987 14.6

 Motor vehicle and parts........................ 36,632 38,168 37,597 -4.0 1.5 -2.6 24,978 41,619 38,918 26,258 267,228 252,914 5.7

 Capital goods...................................... 71,284 70,403 69,672 1.3 1.0 -1.4 65,094 79,103 68,248 59,372 484,271 433,018 11.8

 Nondefense capital goods 3.................. 62,992 62,363 61,268 1.0 1.8 -2.0 57,348 70,693 59,846 52,007 426,957 381,887 11.8

 Excluding aircraft............................. 60,954 60,055 58,529 1.5 2.6 -2.8 55,825 67,845 56,997 49,813 410,574 364,425 12.7

 Defense capital goods 4....................... 8,292 8,040 8,404 3.1 -4.3 3.1 7,746 8,410 8,402 7,365 57,314 51,131 12.1

 Consumer goods.................................. 140,515 141,151 139,601 -0.5 1.1 1.6 129,999 146,691 141,217 119,340 954,347 866,732 10.1

 Consumer durable goods..................... 33,137 34,920 34,374 -5.1 1.6 -1.8 24,556 37,808 34,827 25,717 240,690 225,587 6.7

 Consumer nondurable goods............... 107,378 106,231 105,227 1.1 1.0 2.8 105,443 108,883 106,390 93,623 713,657 641,145 11.3

 All manufacturing industries 5................. 369,634 364,818 360,561 1.3 1.2 0.4 340,707 385,255 361,888 302,764 2,496,909 2,236,913 11.6

 Construction materials and supplies...... 38,862 38,920 39,392 -0.1 -1.2 -4.5 39,092 42,035 41,288 36,027 273,765 240,368 13.9

 Information technology......................... 30,200 30,845 30,993 -2.1 -0.5 -1.1 25,935 34,110 28,454 24,709 210,015 189,521 10.8

 Computers and related products .......... 8,242 8,709 8,689 -5.4 0.2 0.9 7,452 10,083 7,728 6,667 55,669 49,123 13.3

 Motor vehicle and parts........................ 36,475 38,438 38,006 -5.1 1.1 -2.6 25,044 41,580 38,998 26,669 268,433 252,873 6.2

 Capital goods...................................... 77,919 73,591 70,167 5.9 4.9 -2.7 68,575 79,527 67,265 56,435 501,975 441,785 13.6

 Nondefense capital goods 3.................. 69,802 63,934 62,996 9.2 1.5 -1.4 63,335 70,269 61,719 51,690 441,760 384,804 14.8

 Excluding aircraft............................. 61,418 60,983 59,923 0.7 1.8 -2.0 55,777 66,784 58,664 49,556 420,321 372,344 12.9

 Defense capital goods 4....................... 8,117 9,657 7,171 -15.9 34.7 -12.4 5,240 9,258 5,546 4,745 60,215 56,981 5.7

 Consumer goods.................................. 140,419 141,132 140,101 -0.5 0.7 2.3 130,192 146,441 141,702 119,474 954,644 866,897 10.1

 Consumer durable goods..................... 33,041 34,901 34,874 -5.3 0.1 0.6 24,749 37,558 35,312 25,851 240,987 225,752 6.7

 Consumer nondurable goods.............. 107,378 106,231 105,227 1.1 1.0 2.8 105,443 108,883 106,390 93,623 713,657 641,145 11.3

 All manufacturing industries 5

................. 533,645 527,537 524,365 1.2 0.6 0.6 533,805 530,485 531,671 486,595 (X) (X) 9.7

 Construction materials and supplies...... 36,854 37,297 37,496 -1.2 -0.5 0.1 37,450 37,847 38,582 31,200 (X) (X) 20.0

 Information technology......................... 124,607 124,905 124,021 -0.2 0.7 0.9 124,443 125,635 126,124 114,255 (X) (X) 8.9

 Computers and related products .......... 8,461 8,720 8,128 -3.0 7.3 6.7 8,325 8,936 8,408 8,260 (X) (X) 0.8

 Motor vehicle and parts........................ 14,867 15,024 14,754 -1.0 1.8 2.9 14,825 14,759 14,798 12,092 (X) (X) 22.6

 Capital goods...................................... 376,289 369,654 366,466 1.8 0.9 0.1 375,501 372,020 371,596 347,478 (X) (X) 8.1

 Nondefense capital goods 3

..................234,634 227,824 226,253 3.0 0.7 0.8 234,350 228,363 228,787 216,319 (X) (X) 8.3

 Excluding aircraft............................. 148,696 148,232 147,304 0.3 0.6 1.0 149,031 149,079 150,140 136,190 (X) (X) 9.4

 Defense capital goods 4

....................... 141,655 141,830 140,213 -0.1 1.2 -0.9 141,151 143,657 142,809 131,159 (X) (X) 7.6

 Consumer goods.................................. 12,763 12,859 12,878 -0.7 -0.1 4.0 12,908 12,715 12,965 12,032 (X) (X) 7.3

 Consumer durable goods..................... 12,763 12,859 12,878 -0.7 -0.1 4.0 12,908 12,715 12,965 12,032 (X) (X) 7.3 

 All manufacturing industries .................. 458,023 454,310 449,946 0.8 1.0 0.7 460,873 452,403 453,817 442,188 (X) (X) 4.2

 Construction materials and supplies...... 49,400 48,710 48,267 1.4 0.9 1.4 49,466 48,581 48,849 46,895 (X) (X) 5.5

 Information technology......................... 39,425 39,172 38,829 0.6 0.9 0.5 39,833 38,760 39,512 40,330 (X) (X) -1.2

 Computers and related products .......... 6,195 6,082 5,883 1.9 3.4 1.8 6,247 5,996 6,151 6,122 (X) (X) 2.0

 Motor vehicle and parts........................ 21,389 21,561 21,200 -0.8 1.7 0.3 21,758 21,395 21,314 20,616 (X) (X) 5.5

 Capital goods...................................... 128,299 127,041 126,109 1.0 0.7 0.8 128,897 126,215 127,395 125,636 (X) (X) 2.6

 Nondefense capital goods 3

..................108,709 107,324 106,409 1.3 0.9 0.8 109,198 106,384 107,638 106,840 (X) (X) 2.2

 Excluding aircraft............................. 90,967 90,436 89,477 0.6 1.1 1.2 91,432 89,852 90,718 89,167 (X) (X) 2.5

 Defense capital goods 4

....................... 19,590 19,717 19,700 -0.6 0.1 1.0 19,699 19,831 19,757 18,796 (X) (X) 4.8

 Consumer goods.................................. 141,845 141,290 139,692 0.4 1.1 0.5 142,629 140,670 140,426 135,218 (X) (X) 5.5

 Consumer durable goods..................... 28,803 28,672 28,172 0.5 1.8 0.6 29,293 28,644 28,580 27,696 (X) (X) 5.8

 Consumer nondurable goods............... 113,042 112,618 111,520 0.4 1.0 0.4 113,336 112,026 111,846 107,522 (X) (X) 5.4

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories. 2

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

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

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

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

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

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

and supplies.

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 6

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

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

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 8

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

 

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

July June May June - May - Apr. - July June May July July

2004p 2004r 2004 July June May 2004p 2004r 2004 2003 04/03

MATERIALS AND SUPPLIES

 All manufacturing industries ..................... 150,515 148,934 147,813 1.1 0.8 0.5 151,334 148,113 147,972 144,541 4.7

 Durable goods industries ........................ 89,988 89,017 88,046 1.1 1.1 1.0 90,711 88,144 87,832 85,594 6.0

 Wood products................................... 3,916 3,846 3,888 1.8 -1.1 -1.2 3,747 3,549 3,591 3,425 9.4

 Nonmetallic mineral products............... 3,370 3,344 3,341 0.8 0.1 -0.2 3,377 3,335 3,330 3,455 -2.3

 Primary metals.................................... 7,354 7,188 6,835 2.3 5.2 3.8 7,427 7,112 6,653 5,932 25.2

 Fabricated metal products..................... 12,387 12,095 11,993 2.4 0.9 2.3 12,469 12,051 12,035 11,093 12.4

 Machinery.......................................... 12,999 12,925 12,767 0.6 1.2 0.9 13,121 12,845 12,752 13,036 0.7

 Computers and electronic products ...... 17,311 17,094 16,754 1.3 2.0 -1.6 17,453 17,091 17,021 17,126 1.9

 Electrical equipment, appliances,

 and components.............................. 4,646 4,625 4,612 0.5 0.3 1.1 4,656 4,602 4,669 4,696 -0.9

 Transportation equipment.................. 17,934 17,787 18,063 0.8 -1.5 1.9 18,219 17,452 17,921 17,255 5.6

 Furniture and related products............ 3,564 3,492 3,397 2.1 2.8 2.7 3,619 3,512 3,413 3,316 9.1

 Miscellaneous products........................ 6,507 6,621 6,396 -1.7 3.5 1.0 6,623 6,595 6,447 6,260 5.8

 Nondurable goods industries.................... 60,527 59,917 59,767 1.0 0.3 -0.1 60,623 59,969 60,140 58,947 2.8

 Food products.................................... 9,675 9,755 9,875 -0.8 -1.2 -1.5 9,509 9,620 9,840 10,210 -6.9

 Beverage and tobacco products............ 5,164 5,261 5,248 -1.8 0.2 -1.2 4,970 5,161 5,240 5,236 -5.1

 Textiles.............................................. 1,348 1,368 1,365 -1.5 0.2 -1.3 1,363 1,366 1,396 1,412 -3.5

 Textile products.................................. 1,872 1,850 1,815 1.2 1.9 0.8 1,907 1,865 1,847 1,740 9.6

 Apparel............................................. 1,609 1,625 1,585 -1.0 2.5 -0.4 1,622 1,654 1,611 1,714 -5.4

 Leather and allied products................... 459 455 452 0.9 0.7 0.7 476 466 457 451 5.5

 Paper products................................... 6,709 6,616 6,547 1.4 1.1 0.1 6,679 6,571 6,478 6,845 -2.4

 Printing ............................................. 2,879 2,870 2,774 0.3 3.5 2.0 2,961 2,894 2,697 2,830 4.6

 Petroleum and coal products............... 5,743 5,121 5,196 12.1 -1.4 -0.8 5,910 5,304 5,575 4,466 32.3

 Basic chemicals................................... 17,420 17,440 17,436 -0.1 0.0 1.2 17,490 17,558 17,499 16,610 5.3

 Plastics and rubber products............... 7,649 7,556 7,474 1.2 1.1 -1.0 7,736 7,510 7,500 7,433 4.1

WORK IN PROCESS

 All manufacturing industries ..................... 132,334 131,100 129,545 0.9 1.2 -0.5 132,832 129,685 130,294 128,246 3.6

 Durable goods industries ........................ 100,551 98,974 98,078 1.6 0.9 0.2 101,118 98,211 99,144 96,736 4.5

 Wood products................................... 1,940 1,985 2,009 -2.3 -1.2 0.3 1,938 1,986 2,015 1,956 -0.9

 Nonmetallic mineral products............... 1,174 1,183 1,196 -0.8 -1.1 1.7 1,179 1,195 1,230 1,222 -3.5

 Primary metals.................................... 6,206 6,179 6,204 0.4 -0.4 -2.1 6,254 6,200 6,219 6,073 3.0

 Fabricated metal products..................... 9,806 9,759 9,710 0.5 0.5 0.8 9,875 9,756 9,739 9,285 6.4

 Machinery.......................................... 15,657 15,431 15,329 1.5 0.7 1.9 15,742 15,411 15,631 14,103 11.6

 Computers and electronic products ...... 19,556 19,210 19,106 1.8 0.5 1.8 19,903 18,996 19,519 18,345 8.5

 Electrical equipment, appliances,

 and components.............................. 3,002 3,018 2,987 -0.5 1.0 1.8 3,040 3,050 3,088 2,927 3.9

 Transportation equipment.................. 38,432 37,705 37,070 1.9 1.7 -1.1 38,302 37,080 37,179 37,612 1.8

 Furniture and related products............ 1,590 1,609 1,564 -1.2 2.9 0.8 1,614 1,618 1,571 1,605 0.6

 Miscellaneous products........................ 3,188 2,895 2,903 10.1 -0.3 -0.3 3,271 2,919 2,953 3,608 -9.3

 Nondurable goods industries.................... 31,783 32,126 31,467 -1.1 2.1 -2.6 31,714 31,474 31,150 31,510 0.6

 Food products.................................... 3,259 3,226 3,200 1.0 0.8 2.5 3,043 2,949 2,929 2,776 9.6

 Beverage and tobacco products............ 4,829 4,869 4,737 -0.8 2.8 -1.2 4,377 4,453 4,446 4,150 5.5

 Textiles.............................................. 1,255 1,262 1,278 -0.6 -1.3 -1.7 1,265 1,262 1,299 1,305 -3.1

 Textile products.................................. 686 694 698 -1.2 -0.6 1.7 689 701 719 717 -3.9

 Apparel............................................. 1,136 1,145 1,157 -0.8 -1.0 -2.0 1,186 1,209 1,205 1,289 -8.0

 Leather and allied products................... 170 171 170 -0.6 0.6 -5.6 173 158 172 169 2.4

 Paper products................................... 1,254 1,216 1,226 3.1 -0.8 2.9 1,276 1,226 1,230 1,179 8.2

 Printing ............................................. 1,764 1,733 1,863 1.8 -7.0 10.3 1,936 1,704 1,780 1,899 1.9

 Petroleum and coal products............... 3,901 3,747 3,604 4.1 4.0 -20.9 4,018 3,723 3,745 4,535 -11.4

 Basic chemicals................................... 10,922 11,484 11,039 -4.9 4.0 -0.9 11,167 11,530 11,149 11,018 1.4

 Plastics and rubber products............... 2,607 2,579 2,495 1.1 3.4 1.5 2,584 2,559 2,476 2,473 4.5

FINISHED GOODS

 All manufacturing industries ..................... 175,174 174,276 172,588 0.5 1.0 1.8 176,707 174,605 175,551 169,401 4.3

 Durable goods industries ........................ 83,917 83,858 83,184 0.1 0.8 1.3 84,611 84,298 85,051 83,444 1.4

 Wood products................................... 4,290 4,350 4,356 -1.4 -0.1 3.1 4,232 4,481 4,678 3,869 9.4

 Nonmetallic mineral products............... 4,742 4,671 4,699 1.5 -0.6 1.0 4,789 4,752 4,871 5,276 -9.2

 Primary metals.................................... 5,482 5,462 5,490 0.4 -0.5 1.3 5,485 5,434 5,580 5,958 -7.9

 Fabricated metal products..................... 11,276 11,049 10,778 2.1 2.5 1.9 11,304 11,055 10,965 10,787 4.8

 Machinery.......................................... 15,595 15,481 15,153 0.7 2.2 1.4 15,308 15,238 15,184 14,551 5.2

 Computers and electronic products ...... 11,858 11,918 11,674 -0.5 2.1 0.5 12,135 11,690 11,871 12,620 -3.8

 Electrical equipment, appliances,

 and components.............................. 5,058 4,986 4,905 1.4 1.7 1.9 5,065 5,029 5,155 4,783 5.9

 Transportation equipment.................. 12,885 13,019 13,117 -1.0 -0.7 0.2 13,450 13,499 13,496 13,370 0.6

 Furniture and related products............ 2,978 3,016 3,019 -1.3 -0.1 1.0 3,138 3,189 3,117 3,115 0.7

 Miscellaneous products........................ 9,753 9,906 9,993 -1.5 -0.9 1.8 9,705 9,931 10,134 9,115 6.5

 Nondurable goods industries.................... 91,257 90,418 89,404 0.9 1.1 2.3 92,096 90,307 90,500 85,957 7.1

 Food products.................................... 21,096 21,056 20,629 0.2 2.1 1.5 20,926 20,256 19,974 19,415 7.8

 Beverage and tobacco products............ 4,582 4,605 4,526 -0.5 1.7 -1.2 4,638 4,737 4,568 4,657 -0.4

 Textiles.............................................. 2,221 2,233 2,219 -0.5 0.6 1.1 2,279 2,282 2,331 2,430 -6.2

 Textile products.................................. 2,622 2,608 2,589 0.5 0.7 -0.8 2,630 2,670 2,668 2,586 1.7

 Apparel............................................. 4,230 4,176 4,129 1.3 1.1 0.6 4,554 4,393 4,125 4,770 -4.5

 Leather and allied products................... 1,016 1,003 1,014 1.3 -1.1 -2.0 1,043 1,021 1,026 1,061 -1.7

 Paper products................................... 6,642 6,510 6,575 2.0 -1.0 1.3 6,671 6,532 6,742 6,855 -2.7

 Printing ............................................. 1,812 1,796 1,785 0.9 0.6 2.2 1,884 1,820 1,841 1,770 6.4

 Petroleum and coal products............... 8,073 8,094 7,959 -0.3 1.7 20.4 8,335 8,384 8,434 6,579 26.7

 Basic chemicals................................... 27,668 27,262 27,075 1.5 0.7 0.6 27,836 27,040 27,506 25,448 9.4

 Plastics and rubber products............... 11,295 11,075 10,904 2.0 1.6 1.5 11,300 11,172 11,285 10,386 8.8

p

 Preliminary r Revised

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

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio1

Industry Jul Jun May Apr Jul Jun May Apr

2004p 2004r 2004 2004 2004p 2004r 2004 2004

 All manufacturing industries2

...... 1.23 1.23 1.23 1.23 (X) (X) (X) (X)

Durable goods industries2

................... 1.39 1.38 1.39 1.37 3.92 3.94 3.97 3.94

 Wood products................................ 1.10 1.11 1.06 1.07 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.24 1.23 1.24 1.20 (X) (X) (X) (X)

 Primary metals................................. 1.35 1.37 1.40 1.38 1.39 1.37 1.42 1.38

 Fabricated metal products............... 1.45 1.44 1.44 1.41 1.99 2.03 2.04 2.04

 Machinery....................................... 1.77 1.80 1.86 1.78 2.14 2.20 2.30 2.19

 Computers and electronic products 2

.. 1.25 1.26 1.25 1.22 4.99 5.07 5.05 4.84

 Electrical equipment, appliances,

 and components............................. 1.39 1.44 1.43 1.40 1.71 1.80 1.82 1.79

 Transportation equipment................. 1.32 1.26 1.27 1.28 7.53 7.33 7.31 7.55

 Furniture and related products........... 1.26 1.31 1.27 1.27 1.07 1.14 1.11 1.11

 Miscellaneous products.................... 1.70 1.66 1.71 1.69 (X) (X) (X) (X)

Nondurable goods industries.............. 1.06 1.06 1.06 1.07 (X) (X) (X) (X)

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

 Beverage and tobacco products......... 1.61 1.56 1.63 1.65 (X) (X) (X) (X)

 Textiles.......................................... 1.38 1.46 1.40 1.42 (X) (X) (X) (X)

 Textile products............................... 1.65 1.65 1.64 1.64 (X) (X) (X) (X)

 Apparel.......................................... 1.47 1.45 1.42 1.45 (X) (X) (X) (X)

 Leather and allied products............... 1.88 1.79 1.87 1.90 (X) (X) (X) (X)

 Paper products................................ 1.00 0.97 1.02 1.01 (X) (X) (X) (X)

 Printing.......................................... 0.80 0.78 0.80 0.79 (X) (X) (X) (X)

 Petroleum and coal products............ 0.62 0.63 0.61 0.63 (X) (X) (X) (X)

 Basic chemicals............................... 1.31 1.33 1.33 1.34 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.27 1.25 1.26 1.24 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable

1

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

medical equipment and supplies; office supplies; other miscellaneous manufacturing; cutlery and handtools;

farm and garden machinery; computer storage and peripheral devices; audio and video equipment; manufacturing

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

trucks; and miscellaneous furniture.

2 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

Jul2 Jul2 Jul2 Jul2

Industry 2003- 2003- 2003- 2003-

Jul1 Jun Jul1 Jun Jul1 Jun Jul1 Jun

2004 2004 2004 2004 2004 2004 2004 2004

 All manufacturing industries.......... (X) 0.3 (X) 0.6 (X) 0.2 (X) 0.1

Durable goods industries...................... 0.1 0.3 -0.1 0.8 0.0 0.2 0.2 0.2

 Wood products................................... (X) 1.0 (X) (NA) (X) (NA) (X) 0.5

 Nonmetallic mineral products.............. (X) 1.0 (X) (NA) (X) (NA) (X) 0.6

 Primary metals.................................... 0.2 0.7 0.5 1.6 0.3 0.9 -0.3 0.1

 Fabricated metal products................... -0.6 0.5 -0.9 1.5 -0.2 0.6 0.6 0.4

 Machinery.......................................... -0.2 0.8 -0.5 1.4 -0.1 0.4 0.0 0.2

 Computers and electronic products..... 0.1 0.7 -0.9 1.7 -0.1 0.3 0.0 0.3

 Electrical equipment, appliances,

 and components............................. 0.2 0.4 2.0 0.8 1.3 0.5 0.0 0.3

 Transportation equipment................... 0.3 0.3 0.3 0.6 0.0 0.1 0.2 0.2

 Furniture and related products............. (X) 0.7 (X) 1.1 (X) 1.2 (X) 0.3

 Miscellaneous products...................... (X) 0.6 (X) 0.9 (X) 1.0 (X) 0.3

Nondurable goods industries.................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

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

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

 Textiles............................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

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

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

 Leather and allied products.................. (X) 2.3 (X) (NA) (X) (NA) (X) 1.6

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

 Printing.............................................. (X) 0.8 (X) (NA) (X) (NA) (X) 0.5

 Petroleum and coal products............... (X) 1.5 (X) (NA) (X) (NA) (X) 1.0

 Basic chemicals.................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

 Plastics and rubber products................ (X) 0.5 (X) (NA) (X) (NA) (X) 0.4

X Not Applicable NA Not Available

1

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

2

 The twelve month revisions are the differences between the month-to-month percent changes of the preliminary and

final estimates. The monthly averages are the simple averages of the absolute values of the differences for the months specified. 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

[Based on Seasonally Adjusted data]

Shipments New Orders Unfilled Orders Inventories
10

Survey Description 

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

Census Bureau’s Manufacturers’ Shipments,

Inventories, and Orders (M3) survey. This survey

provides statistics on manufacturers' value of

shipments, new orders (net of cancellations), end-ofmonth order backlog (unfilled orders), end-of-month

total inventory (at current cost or market value), and

inventories by stage of fabrication (materials and

supplies, work-in-process, and finished goods). The

M3 includes approximately 3,500 reporting units. 

Units may be divisions of diversified large

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

the small monthly sample, these 89 categories have

been combined into 59 publication levels. The

survey methodology assumes that the month-to-month

changes of the total operations of those companies in

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

up the category. The current coverage levels in the

survey show that reported data in the monthly survey

represent approximately 60 percent of the shipments

estimates at the total manufacturing level. Data

published represent manufacturing in a calendar

month. The data collection is based on a voluntary

survey authorized by Title 13 of the United States

Code.

The data presented in this release are based on data

obtained from a panel of 3,500 reporting units and

provide an indication of the activity within the

manufacturing sector. The results differ from what

would be obtained from a complete enumeration of

all manufacturing companies. In addition, a different

panel of 3,500 companies would yield different

results. The M3 panel is comprised of companies

with $500 million or more in shipments and a limited

number of smaller companies. From a statistical

perspective, the panel is not a probability sample;

therefore, the sampling errors that are normally

provided with sample surveys cannot be measured. 

Nonsampling errors are attributable to many sources. 

The use of company or divisional reports to estimate

the monthly change for establishments is one source

of nonsampling error. The use of primarily large

companies to represent the month-to-month

movement of all companies is another potential

source.

Additional survey documentation can be found on our

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