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FOR RELEASE AT 10:00 AM EDT, TUESDAY, MAY 3, 2022 

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

MARCH 2022 

Release Number: CB 22-67 M3-2 (22)-03 

May 3, 2022 — The U.S. Census Bureau announces the March full report on manufacturers’ shipments, 

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

MARCH 2022 $557.3 billion +2.2%° 

FEBRUARY 2022 

(revised) $545.5 billion +0.1%° 

Next release: June 2, 2022 

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, May 3, 2022. 

Summary

New orders for manufactured goods in March, up twenty-two of the last twenty-three months, increased

$11.8 billion or 2.2 percent to $557.3 billion, the U.S. Census Bureau reported today. This followed a 0.1

percent February increase. Shipments, also up twenty-two of the last twenty-three months, increased 

$12.6 billion or 2.3 percent to $556.4 billion. This followed a 1.1 percent February increase. Unfilled 

orders, up fourteen consecutive months, increased $5.5 billion or 0.4 percent to $1,294.8 billion. This 

followed a 0.5 percent February increase. The unfilled orders-to-shipments ratio was 6.72, down from 

6.74 in February. Inventories, up twenty-one of the last twenty-two months, increased $10.4 billion or 1.3

percent to $797.6 billion. This followed a 0.9 percent February increase. The inventories-to-shipments 

ratio was 1.43, down from 1.45 in February. 

New Orders

New orders for manufactured durable goods in March, up five of the last six months, increased $3.0 billion 

or 1.1 percent to $275.8 billion, up from the previously published 0.8 percent increase. This followed a 1.7 

percent February decrease. Computers and electronic products, up two of the last three months, led the 

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22

MANUFACTURERS' NEW ORDERS 2021-2022

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, May 3, 2022.
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increase, $0.7 billion or 2.6 percent to $26.3 billion. New orders for manufactured nondurable goods 

increased $8.8 billion or 3.2 percent to $281.5 billion.

Shipments

Shipments of manufactured durable goods in March, up ten of the last eleven months, increased $3.8 

billion or 1.4 percent to $274.8 billion, up from the previously published 1.2 percent increase. This 

followed a 0.1 percent February increase. Transportation equipment, up five of the last six months, led

the increase, $2.0 billion or 2.6 percent to $80.1 billion. Shipments of manufactured nondurable goods, up 

twenty-two of the last twenty-three months, increased $8.8 billion or 3.2 percent to $281.5 billion. This 

followed a 2.1 percent February increase. Petroleum and coal products, up ten of the last eleven months, 

led the increase, $7.6 billion or 11.9 percent to $71.3 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in March, up fourteen consecutive months, increased $5.5 

billion or 0.4 percent to $1,294.8 billion, unchanged from the previously published increase. This followed 

a 0.5 percent February increase. Transportation equipment, up thirteen of the last fourteen months, led

the increase, $3.8 billion or 0.4 percent to $857.7 billion.

Inventories

Inventories of manufactured durable goods in March, up fourteen consecutive months, increased $3.8 

billion or 0.8 percent to $483.4 billion, up from the previously published 0.7 percent increase. This 

followed a 0.6 percent February increase. Transportation equipment, up four of the last five months, led

the increase, $1.5 billion or 1.0 percent to $155.9 billion. Inventories of manufactured nondurable goods, 

up seventeen of the last eighteen months, increased $6.6 billion or 2.2 percent to $314.1 billion. This 

followed a 1.3 percent February increase. Petroleum and coal products, up ten of the last eleven months, 

led the increase, $4.1 billion or 8.5 percent to $53.0 billion. By stage of fabrication, March materials and 

supplies increased 0.7 percent in durable goods and 3.7 percent in nondurable goods. Work in process

increased 1.1 percent in durable goods and 2.9 percent in nondurable goods. Finished goods increased 0.5 

percent in durable goods and 0.8 percent in nondurable goods. 

The Advance Report on durable goods for April is scheduled for release on May 25, 2022, at 8:30 a.m. EDT 

and the Full Report on June 2, 2022, 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-inprocess, 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 monthto-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 60 percent of the total value of shipments for manufacturing establishments in the 2017

Economic Census, and these companies include roughly 61 percent of the manufacturing companies with 

$500 million or more in shipments in the 2017 Economic Census. The companies for which shipments data 

are currently reported in the M3 survey represent approximately 51 percent of the total value of 

shipments for manufacturing establishments in the 2017 Economic Census. Statistics based on the M3 

panel differ from the results that would be obtained from a complete enumeration of all manufacturing 

companies. The M3 panel is not based on a probability sample; therefore, the sampling errors that are 

normally provided with sample surveys cannot be measured. Nonsampling errors are attributable to many 

sources. The use of company or divisional reports to estimate the monthly change for establishments is 

one source of nonsampling error. The use of primarily large companies to represent the month-to-month 

movement of all companies is another potential source. Any corrections will be published in the full 

report. Corrections received after the full report will be released in the next month’s advance report. Any 

revisions made later than two months will be reflected in the annual benchmark publication. Additional 
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survey documentation can be found on our web site: 

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

Special Notice - New Advance Estimates Of Total Manufacturing

Beginning with September 2021 data released on October 27, 2021, advance estimates of total 

manufacturing, including M3 durable and nondurable industries, for shipments and inventories, are

available at the same time as the Advance Report on Durable Goods Manufacturers’ Shipments, 

Inventories and Orders. Monthly advance total manufacturing estimates are available on a seasonally 

adjusted basis as well as a not seasonally adjusted basis on the M3 website under the “Advance Report 

Highlights”. 

Benchmark notice

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

issued on May 13, 2022. These revisions result from

• Benchmarking the M3 shipments and inventories data to the 2020 and 2019 Annual Survey of 

Manufactures (ASM) data; 

• Incorporating the unfilled orders-to-shipments ratios obtained for 2020, 2019, and 2018 from the 

Manufacturers’ Unfilled Orders (M3UFO) Survey;

• Adjusting the new orders data to be consistent with the benchmarked shipments and unfilled 

orders data;

• Correcting monthly data for late receipts, reclassifications of reported data, and revisions to 

previously reported data;

• Updating the seasonally adjusted data based on the results of benchmarking and the recent annual 

review of the seasonal adjustment models. 

These revisions will span the seasonally adjusted data for January 2012 through March 2022 and the data 

not seasonally adjusted for January 2017 through March 2022. An updated Press Release will contain

revised monthly tables for January 2022 through March 2022.
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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/>. 

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.

###
Table 1. Value of Manufacturers' Shipments for Industry Groups1

[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2022/

2022p 2022r 2022 Mar. Feb. Jan. 2022p 2022r 2022 2021 2022p 2021 2021

 All manufacturing industries.................. 556,354 543,712 537,895 2.3 1.1 1.4 594,349 504,996 495,157 518,296 1,594,502 1,405,794 13.4

 Excluding transportation................... 476,285 465,638 459,699 2.3 1.3 1.5 502,383 428,968 425,891 434,959 1,357,242 1,187,249 14.3

 Excluding defense.............................. 541,860 528,906 523,055 2.4 1.1 1.3 578,067 490,789 482,849 503,381 1,551,705 1,366,657 13.5

 With unfilled orders............................ 192,603 191,424 190,981 0.6 0.2 2.1 210,977 180,516 172,234 186,725 563,727 495,314 13.8

 Durable goods industries......................... 274,809 271,005 270,668 1.4 0.1 1.2 300,469 255,344 242,813 269,425 798,626 717,762 11.3

 Wood products....................................... 12,210 12,215 11,998 0.0 1.8 1.6 12,396 11,128 10,131 11,328 33,655 30,116 11.8

 Nonmetallic mineral products.................... 12,503 12,509 12,691 0.0 -1.4 2.3 12,592 10,763 10,666 11,529 34,021 31,255 8.8

 Primary metals....................................... 25,502 24,903 24,708 2.4 0.8 -0.6 27,677 24,039 24,043 23,085 75,759 62,965 20.3

 Iron and steel mills............................ 12,304 12,256 12,353 0.4 -0.8 0.3 13,392 11,940 12,212 11,504 37,544 31,625 18.7

 Aluminum and nonferrous metals.......... 11,786 11,256 10,935 4.7 2.9 -1.5 12,706 10,795 10,530 10,206 34,031 27,784 22.5

 Ferrous metal foundries....................... 1,412 1,391 1,420 1.5 -2.0 -0.8 1,579 1,304 1,301 1,375 4,184 3,556 17.7

 Fabricated metal products....................... 37,936 37,444 37,341 1.3 0.3 1.2 39,764 35,112 34,577 34,727 109,453 94,464 15.9

 Machinery............................................. 38,889 38,395 39,014 1.3 -1.6 3.0 43,559 36,490 34,297 38,073 114,346 99,880 14.5

 Farm machinery................................. 2,358 2,248 2,552 4.9 -11.9 -5.2 2,919 2,457 2,320 3,325 7,696 8,822 -12.8

 Construction machinery..................... 3,752 3,640 3,479 3.1 4.6 3.0 4,200 3,604 3,035 3,482 10,839 9,156 18.4

 Mining, oil field, and 

 gas field machinery.......................... 1,499 1,469 1,377 2.0 6.7 -0.4 1,621 1,368 1,293 1,420 4,282 3,798 12.7

 Industrial machinery.......................... 6,013 6,000 6,489 0.2 -7.5 10.5 6,932 5,217 5,381 4,160 17,530 9,767 79.5

 Photographic equipment...................... 519 525 508 -1.1 3.3 1.4 616 475 424 610 1,515 1,513 0.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,668 4,676 4,695 -0.2 -0.4 5.7 5,036 3,949 3,704 4,326 12,689 10,986 15.5

 Metalworking machinery..................... 2,829 2,858 2,849 -1.0 0.3 3.1 3,089 2,633 2,561 3,051 8,283 7,915 4.6

 Turbines, generators, and other

 power transmission equipment....... 3,867 3,851 3,982 0.4 -3.3 0.5 3,964 3,875 3,777 4,005 11,616 11,537 0.7

 Material handling equipment............... 3,643 3,560 3,394 2.3 4.9 7.3 4,120 3,500 3,061 3,136 10,681 8,179 30.6

 Computers and electronic products2

.......... 30,271 30,375 29,986 -0.3 1.3 1.9 32,641 27,318 26,998 31,008 86,957 82,307 5.6

 Computers........................................ 715 736 710 -2.9 3.7 2.5 664 565 623 713 1,852 1,912 -3.1

 Computer storage devices..................... 754 755 737 -0.1 2.4 6.8 949 593 627 899 2,169 2,000 8.5

 Other peripheral equipment................ 611 572 526 6.8 8.7 -3.7 673 459 472 542 1,604 1,508 6.4

 Nondefense communications

 equipment.................................... 3,464 3,576 3,541 -3.1 1.0 8.0 4,125 2,935 2,851 3,883 9,911 8,947 10.8

 Defense communications equipment.... 232 242 247 -4.1 -2.0 6.0 250 239 196 230 685 631 8.6

 Audio and video equipment.................... 310 313 343 -1.0 -8.7 34.5 274 274 276 188 824 554 48.7

 Electronic components......................... 5,224 5,187 5,050 0.7 2.7 2.8 5,651 4,722 4,650 4,918 15,023 13,123 14.5

 Nondefense search and navigation

 equipment...................................... 1,499 1,530 1,549 -2.0 -1.2 1.0 1,766 1,451 1,342 1,757 4,559 4,502 1.3

 Defense search and navigation

 equipment..................................... 3,017 3,079 3,046 -2.0 1.1 0.8 3,261 2,933 2,570 3,277 8,764 8,691 0.8

 Electromedical, measuring,

 and control instruments................. 9,770 9,778 9,708 -0.1 0.7 -0.3 10,890 8,842 8,495 10,632 28,227 27,489 2.7

 Electrical equipment, appliances, 

 and components................................... 13,853 13,575 13,238 2.0 2.5 1.3 14,923 12,352 11,411 12,938 38,686 34,150 13.3

 Electric lighting equipment..................... 1,179 1,167 1,178 1.0 -0.9 1.9 1,227 1,060 1,060 1,209 3,347 3,258 2.7

 Household appliances........................ 2,873 2,805 2,702 2.4 3.8 -1.8 3,127 2,430 2,159 2,819 7,716 7,239 6.6

 Electrical equipment............................ 3,474 3,420 3,383 1.6 1.1 -1.4 3,966 3,177 2,892 3,615 10,035 9,279 8.1

 Batteries........................................... 1,083 1,035 980 4.6 5.6 5.5 1,131 903 802 892 2,836 2,392 18.6

 Transportation equipment........................ 80,069 78,074 78,196 2.6 -0.2 0.5 91,966 76,028 69,266 83,337 237,260 218,545 8.6

 Automobiles..................................... 6,842 5,545 5,385 23.4 3.0 -11.4 7,727 5,388 4,767 6,516 17,882 17,872 0.1

 Light trucks and utility vehicles.............. 19,136 18,246 18,279 4.9 -0.2 -1.9 22,890 17,902 15,891 21,424 56,683 55,350 2.4

 Heavy duty trucks ............................. 3,165 3,183 3,031 -0.6 5.0 -0.5 3,617 3,013 2,675 3,147 9,305 8,059 15.5

 Motor vehicle bodies, parts, 

 and trailers.................................... 28,372 27,688 27,997 2.5 -1.1 2.1 31,579 27,934 26,310 28,714 85,823 78,720 9.0

 Nondefense aircraft and parts................ 7,853 8,347 8,456 -5.9 -1.3 4.2 9,589 7,184 7,032 8,627 23,805 19,571 21.6

 Defense aircraft and parts.................. 4,453 4,727 4,500 -5.8 5.0 4.0 5,138 4,326 3,519 5,081 12,983 13,002 -0.1

 Ships and boats................................. 3,126 3,120 3,198 0.2 -2.4 -0.3 3,429 3,149 2,598 3,136 9,176 8,375 9.6

 Furniture and related products.................. 6,342 6,313 6,152 0.5 2.6 2.8 6,479 6,062 5,725 6,030 18,266 17,233 6.0

 Miscellaneous durable goods................. 17,234 17,202 17,344 0.2 -0.8 0.6 18,472 16,052 15,699 17,370 50,223 46,847 7.2

 Nondurable goods industries..................... 281,545 272,707 267,227 3.2 2.1 1.5 293,880 249,652 252,344 248,871 795,876 688,032 15.7

 Food products....................................... 72,458 72,295 71,708 0.2 0.8 1.5 74,479 69,175 68,828 70,575 212,482 200,951 5.7

 Grain and oilseed milling....................... 8,460 8,252 8,188 2.5 0.8 3.2 8,899 7,950 8,049 7,892 24,898 22,336 11.5

 Dairy products.................................. 11,331 11,390 11,258 -0.5 1.2 2.9 11,605 10,610 10,987 10,975 33,202 31,221 6.3

 Meat, poultry, and seafood products... 20,519 20,481 20,196 0.2 1.4 0.6 21,014 19,531 18,895 19,444 59,440 54,909 8.3

 Beverage and tobacco products................ 14,870 14,432 14,577 3.0 -1.0 0.5 14,861 13,239 13,343 13,379 41,443 36,617 13.2

 Beverages......................................... 9,851 10,120 10,239 -2.7 -1.2 2.6 9,842 8,927 9,005 9,422 27,774 25,708 8.0

 Tobacco............................................ 5,019 4,312 4,338 16.4 -0.6 -4.1 5,019 4,312 4,338 3,957 13,669 10,909 25.3

 Textile mills........................................... 2,353 2,376 2,367 -1.0 0.4 -1.1 2,461 2,302 2,176 2,383 6,939 6,591 5.3

 Textile products................................... 1,954 1,944 1,925 0.5 1.0 1.4 2,019 1,896 1,752 1,934 5,667 5,389 5.2

 Apparel................................................ 902 889 877 1.5 1.4 -1.2 861 822 816 814 2,499 2,391 4.5

 Leather and allied products...................... 455 432 417 5.3 3.6 -5.0 487 418 368 427 1,273 1,203 5.8

 Paper products...................................... 17,982 17,958 17,800 0.1 0.9 0.7 18,632 16,825 17,221 17,608 52,678 49,651 6.1

 Pulp, paper, and paperboard mills....... 6,823 6,835 6,786 -0.2 0.7 1.1 7,010 6,336 6,685 6,639 20,031 18,864 6.2

 Paperboard containers........................ 6,209 6,172 6,075 0.6 1.6 0.2 6,470 5,714 5,834 6,155 18,018 17,268 4.3

 Printing................................................. 7,145 7,259 7,092 -1.6 2.4 1.4 7,472 6,547 6,613 6,928 20,632 18,957 8.8

 Petroleum and coal products.................. 71,264 63,671 59,065 11.9 7.8 3.7 73,014 53,523 55,660 44,684 182,197 120,906 50.7

 Petroleum refineries.......................... 66,754 59,186 54,485 12.8 8.6 3.9 68,598 49,848 51,896 40,730 170,342 110,153 54.6

 Chemical products..................................... 69,138 68,585 68,647 0.8 -0.1 0.4 75,074 63,799 64,377 68,158 203,250 185,267 9.7

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,085 3,089 3,243 -0.1 -4.7 2.7 4,116 3,224 2,982 3,602 10,322 8,893 16.1

 Pharmaceuticals and medicines............. 22,394 22,407 22,272 -0.1 0.6 1.2 23,797 20,270 20,628 21,790 64,695 58,722 10.2

 Paints, coatings, and adhesives.......... 4,155 4,101 4,153 1.3 -1.3 -0.5 4,591 3,707 3,610 4,254 11,908 11,043 7.8

 Plastics and rubber products.................. 23,024 22,866 22,752 0.7 0.5 0.8 24,520 21,106 21,190 21,981 66,816 60,109 11.2

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, March Full Report, May 3, 2022. 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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2022/

2022p 2022r 2022 Mar. Feb. Jan. 2022p 2022r 2022 2021 2022p 2021 2021

All manufacturing industries2

........................ 557,321 545,500 544,717 2.2 0.1 1.5 602,480 514,849 512,431 528,639 1,629,760 1,427,649 14.2

 Excluding transportation2...................... 473,424 461,977 457,271 2.5 1.0 1.2 502,367 428,925 428,284 439,249 1,359,576 1,198,473 13.4

 Excluding defense2.............................. 544,447 531,864 531,944 2.4 0.0 1.4 584,137 501,143 502,488 508,736 1,587,768 1,381,187 15.0

 With unfilled orders2............................. 198,103 197,679 202,191 0.2 -2.2 2.5 223,102 194,543 194,267 200,889 611,912 529,692 15.5

 Durable goods industries2......................... 275,776 272,793 277,490 1.1 -1.7 1.5 308,600 265,197 260,087 279,768 833,884 739,617 12.7

 Primary metals........................................ 25,726 25,176 25,161 2.2 0.1 -0.3 27,963 24,863 25,339 24,069 78,165 66,230 18.0

 Iron and steel mills.............................. 12,456 12,493 12,504 -0.3 -0.1 2.8 13,758 12,363 12,593 12,048 38,714 33,002 17.3

 Aluminum and nonferrous metals.......... 11,579 11,114 11,175 4.2 -0.5 -1.5 12,448 11,024 11,164 10,599 34,636 29,216 18.6

 Ferrous metal foundries....................... 1,691 1,569 1,482 7.8 5.9 -13.3 1,757 1,476 1,582 1,422 4,815 4,012 20.0

 Fabricated metal products........................ 38,098 37,818 37,470 0.7 0.9 0.0 41,583 36,087 35,897 38,545 113,567 103,602 9.6

 Machinery............................................. 39,331 38,813 39,889 1.3 -2.7 3.0 43,618 38,322 37,421 39,375 119,361 105,994 12.6

 Construction machinery........................ 3,907 3,702 3,385 5.5 9.4 2.3 4,330 3,930 3,559 3,876 11,819 11,043 7.0

 Mining, oil field, and

 gas field machinery.......................... 1,395 1,354 1,419 3.0 -4.6 -5.9 1,517 1,253 1,335 1,412 4,105 3,835 7.0

 Industrial machinery............................ 6,104 6,245 6,585 -2.3 -5.2 10.3 7,035 5,490 5,839 4,453 18,364 10,157 80.8

 Photographic equipment....................... 516 510 502 1.2 1.6 11.1 574 507 419 574 1,500 1,568 -4.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,601 4,611 5,161 -0.2 -10.7 4.6 5,010 4,163 4,520 4,643 13,693 11,902 15.0

 Metalworking machinery....................... 3,009 2,653 2,833 13.4 -6.4 -5.0 3,042 2,691 2,825 2,935 8,558 8,329 2.7

 Turbines, generators, and other 

 power transmission equipment........... 3,770 4,012 3,901 -6.0 2.8 -1.1 3,867 4,036 3,696 4,266 11,599 11,952 -3.0

 Material handling equipment.................. 3,868 3,651 3,775 5.9 -3.3 19.9 4,268 3,701 3,446 3,095 11,415 8,396 36.0

 Computers and electronic products2

........... 26,281 25,603 25,896 2.6 -1.1 0.4 29,922 22,992 22,858 28,314 75,772 71,652 5.8

 Computers........................................ 707 732 696 -3.4 5.2 7.4 656 561 609 730 1,826 1,920 -4.9

 Nondefense communications

 equipment...................................... 3,738 3,463 3,641 7.9 -4.9 -8.2 4,406 2,930 3,026 4,035 10,362 9,320 11.2

 Defense communications equipment....... 223 239 240 -6.7 -0.4 3.9 250 233 198 234 681 613 11.1

 Electronic components......................... 5,375 5,270 5,146 2.0 2.4 3.7 5,680 4,790 4,946 4,907 15,416 13,317 15.8

 Nondefense search and navigation

 equipment...................................... 1,638 1,673 1,697 -2.1 -1.4 -0.4 1,923 1,593 1,533 1,873 5,049 4,878 3.5

 Defense search and navigation

 equipment...................................... 2,996 2,703 2,940 10.8 -8.1 -1.3 3,797 2,575 2,321 3,828 8,693 9,167 -5.2

 Electromedical, measuring,

 and control instruments..................... 9,787 9,743 9,789 0.5 -0.5 1.3 11,170 8,853 8,713 10,930 28,736 27,948 2.8

 Electrical equipment, appliances, 

 and components................................... 14,222 13,624 13,443 4.4 1.3 -0.3 15,282 12,894 12,023 13,320 40,199 36,364 10.5

 Electric lighting equipment..................... 1,201 1,187 1,161 1.2 2.2 -2.1 1,264 1,094 1,055 1,312 3,413 3,436 -0.7

 Household appliances.......................... 2,889 2,848 2,736 1.4 4.1 -0.3 3,131 2,380 2,104 2,862 7,615 7,349 3.6

 Electrical equipment............................ 3,615 3,599 3,690 0.4 -2.5 6.1 4,110 3,623 3,439 3,599 11,172 9,840 13.5

 Transportation equipment........................ 83,897 83,523 87,446 0.4 -4.5 3.2 100,113 85,924 84,147 89,390 270,184 229,176 17.9

 Motor vehicle bodies, parts, 

 and trailers..................................... 28,794 27,942 28,087 3.0 -0.5 2.7 31,853 28,710 26,801 28,857 87,364 80,682 8.3

 Nondefense aircraft and parts3................ 12,668 14,070 19,360 -10.0 -27.3 10.9 15,856 16,213 23,376 10,386 55,445 21,876 153.5

 Defense aircraft and parts.................... 3,294 4,429 2,916 -25.6 51.9 -29.6 5,019 4,082 1,852 5,893 10,953 15,227 -28.1

 Ships and boats.................................. 2,708 2,293 1,824 18.1 25.7 40.3 4,502 3,755 2,169 6,065 10,426 14,735 -29.2

 Furniture and related products................... 6,273 6,264 6,130 0.1 2.2 -3.8 6,658 6,126 5,884 6,519 18,668 18,361 1.7

 Nondurable goods industries..................... 281,545 272,707 267,227 3.2 2.1 1.5 293,880 249,652 252,344 248,871 795,876 688,032 15.7

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, March Full Report, May 3, 2022. 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 March

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2022/

2022p 2022r 2022 Mar. Feb. Jan. 2022p 2022r 2022 2021 2021

All manufacturing industries2...................... 1,294,790 1,289,290 1,283,035 0.4 0.5 0.9 1,309,458 1,297,333 1,283,306 1,208,989 8.3

 Excluding transportation2...................... 437,063 435,391 434,585 0.4 0.2 0.5 440,973 436,995 432,864 394,472 11.8

 Excluding defense2

............................. 1,086,419 1,079,299 1,071,874 0.7 0.7 1.3 1,097,225 1,087,161 1,072,633 985,113 11.4

 Durable goods industries2........................ 1,294,790 1,289,290 1,283,035 0.4 0.5 0.9 1,309,458 1,297,333 1,283,306 1,208,989 8.3

 Primary metals........................................ 41,959 41,735 41,462 0.5 0.7 1.1 42,814 42,528 41,704 37,972 12.8

 Iron and steel mills............................... 18,974 18,822 18,585 0.8 1.3 0.8 19,364 18,998 18,575 17,627 9.9

 Aluminum and nonferrous metals............. 14,883 15,090 15,232 -1.4 -0.9 1.6 15,282 15,540 15,311 13,964 9.4

 Ferrous metal foundries........................ 8,102 7,823 7,645 3.6 2.3 0.8 8,168 7,990 7,818 6,381 28.0

 Fabricated metal products......................... 105,968 105,806 105,432 0.2 0.4 0.1 106,518 104,699 103,724 93,499 13.9

 Machinery.............................................. 117,652 117,210 116,792 0.4 0.4 0.8 119,009 118,950 117,118 103,550 14.9

 Construction machinery......................... 11,147 10,992 10,930 1.4 0.6 -0.9 11,834 11,704 11,378 9,222 28.3

 Mining, oil field, and

 gas field machinery.......................... 4,552 4,656 4,771 -2.2 -2.4 0.9 4,552 4,656 4,771 4,253 7.0

 Industrial machinery............................. 10,811 10,720 10,475 0.8 2.3 0.9 10,868 10,765 10,492 8,802 23.5

 Photographic equipment........................ 1,802 1,805 1,820 -0.2 -0.8 -0.3 1,815 1,857 1,825 1,989 -8.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 10,405 10,472 10,537 -0.6 -0.6 4.6 10,645 10,671 10,457 7,739 37.6

 Metalworking machinery........................ 10,873 10,693 10,898 1.7 -1.9 -0.1 10,942 10,989 10,931 9,796 11.7

 Turbines, generators, and other 

 power transmission equipment............ 22,548 22,645 22,484 -0.4 0.7 -0.4 22,548 22,645 22,484 21,577 4.5

 Material handling equipment................... 15,096 14,871 14,780 1.5 0.6 2.6 15,192 15,044 14,843 12,964 17.2

 Computers and electronic products2............. 125,182 124,639 124,944 0.4 -0.2 0.2 126,181 124,906 125,058 119,607 5.5

 Computers......................................... 1,340 1,348 1,352 -0.6 -0.3 -1.0 1,340 1,348 1,352 1,553 -13.7

 Nondefense communications

 equipment...................................... 22,035 21,761 21,874 1.3 -0.5 0.5 22,195 21,914 21,919 18,341 21.0

 Defense communications equipment........ 313 322 325 -2.8 -0.9 -2.1 343 343 349 496 -30.8

 Electronic components.......................... 14,792 14,641 14,558 1.0 0.6 0.7 14,865 14,836 14,768 13,304 11.7

 Nondefense search and navigation

 equipment....................................... 27,037 26,898 26,755 0.5 0.5 0.6 26,987 26,830 26,688 25,236 6.9

 Defense search and navigation

 equipment....................................... 32,955 32,976 33,352 -0.1 -1.1 -0.3 33,398 32,862 33,220 34,251 -2.5

 Electromedical, measuring,

 and control instruments...................... 26,710 26,693 26,728 0.1 -0.1 0.3 27,053 26,773 26,762 26,426 2.4

 Electrical equipment, appliances, 

 and components.................................... 33,512 33,143 33,094 1.1 0.1 0.6 33,813 33,454 32,912 28,818 17.3

 Electric lighting equipment..................... 2,128 2,106 2,086 1.0 1.0 -0.8 2,143 2,106 2,072 1,967 8.9

 Household appliances........................... 3,031 3,015 2,972 0.5 1.4 1.2 2,918 2,914 2,964 2,607 11.9

 Electrical equipment............................. 13,146 13,005 12,826 1.1 1.4 2.5 13,416 13,272 12,826 12,639 6.1

 Transportation equipment......................... 857,727 853,899 848,450 0.4 0.6 1.1 868,485 860,338 850,442 814,517 6.6

 Motor vehicle bodies, parts, 

 and trailers...................................... 29,135 28,713 28,459 1.5 0.9 0.3 30,171 29,897 29,121 26,809 12.5

 Nondefense aircraft and parts................ 636,616 631,801 626,078 0.8 0.9 1.8 643,007 636,740 627,711 581,065 10.7

 Defense aircraft and parts..................... 78,837 79,996 80,294 -1.4 -0.4 -1.9 79,991 80,110 80,354 86,206 -7.2

 Ships and boats.................................. 44,929 45,347 46,174 -0.9 -1.8 -2.9 47,294 46,221 45,615 54,081 -12.5

 Furniture and related products................... 12,154 12,223 12,272 -0.6 -0.4 -0.2 12,002 11,823 11,759 10,455 14.8

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, March Full Report, May 3, 2022. 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 March

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2022/

2022p 2022r 2022 Mar. Feb. Jan. 2022p 2022r 2022 2021 2021

 All manufacturing industries...................... 797,563 787,184 780,198 1.3 0.9 0.8 800,400 791,285 779,487 723,140 10.7

 Excluding transportation........................ 641,646 632,796 626,116 1.4 1.1 1.0 645,071 636,525 626,090 575,057 12.2

 Excluding defense............................. 772,340 762,076 754,990 1.3 0.9 0.8 775,086 766,177 754,373 698,695 10.9

 With unfilled orders............................. 389,428 386,537 384,144 0.7 0.6 0.5 389,833 387,594 382,766 355,810 9.6

 Durable goods industries........................ 483,444 479,694 476,790 0.8 0.6 0.5 484,393 482,434 475,873 440,254 10.0

 Wood products........................................ 14,405 14,286 14,158 0.8 0.9 0.5 14,848 14,827 14,534 13,596 9.2

 Nonmetallic mineral products..................... 15,507 15,569 15,426 -0.4 0.9 0.6 15,816 15,816 15,466 14,560 8.6

 Primary metals......................................... 43,714 43,521 42,971 0.4 1.3 0.6 43,768 43,807 43,355 37,079 18.0

 Iron and steel mills............................... 24,567 24,676 24,695 -0.4 -0.1 1.1 24,490 24,861 25,112 20,460 19.7

 Aluminum and nonferrous metals............ 16,605 16,319 15,782 1.8 3.4 0.2 16,679 16,344 15,736 14,267 16.9

 Ferrous metal foundries........................ 2,542 2,526 2,494 0.6 1.3 -0.9 2,599 2,602 2,507 2,352 10.5

 Fabricated metal products......................... 63,515 63,323 63,177 0.3 0.2 0.7 63,831 63,629 63,205 55,573 14.9

 Machinery.............................................. 81,863 80,753 79,696 1.4 1.3 1.3 82,882 81,412 78,796 71,477 16.0

 Farm machinery.................................. 5,689 5,430 5,336 4.8 1.8 4.4 5,964 5,883 5,526 4,033 47.9

 Construction machinery......................... 7,503 7,286 7,128 3.0 2.2 1.8 7,682 7,317 7,045 6,129 25.3

 Mining, oil field, 

 and gas field machinery.................... 6,312 6,278 6,186 0.5 1.5 0.8 6,215 6,336 6,106 5,886 5.6

 Industrial machinery............................. 10,157 9,971 9,780 1.9 2.0 0.6 10,546 9,939 9,322 9,116 15.7

 Photographic equipment....................... 1,358 1,363 1,346 -0.4 1.3 1.2 1,314 1,393 1,351 1,240 6.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 6,393 6,244 6,279 2.4 -0.6 1.6 6,793 6,449 6,234 5,808 17.0

 Metalworking machinery........................ 6,297 6,261 6,122 0.6 2.3 -0.9 6,253 6,195 5,993 5,658 10.5

 Turbines, generators, and other

 power transmission equipment............ 10,490 10,393 10,279 0.9 1.1 1.3 10,494 10,416 10,160 9,153 14.7

 Material handling equipment.................. 6,526 6,565 6,465 -0.6 1.5 1.3 6,466 6,425 6,252 5,369 20.4

 Computers and electronic products2............ 48,353 48,187 48,201 0.3 0.0 0.1 47,818 48,229 48,047 46,083 3.8

 Computers......................................... 2,154 2,135 2,113 0.9 1.0 -1.1 2,070 2,049 1,993 1,894 9.3

 Computer storage devices.................... 891 839 835 6.2 0.5 0.4 795 842 836 743 7.0

 Other peripheral equipment................... 833 834 839 -0.1 -0.6 -2.8 824 853 828 854 -3.5

 Nondefense communications

 equipment...................................... 4,577 4,500 4,475 1.7 0.6 -0.2 4,485 4,500 4,381 4,314 4.0

 Defense communications equipment........ 650 677 664 -4.0 2.0 1.2 650 677 664 656 -0.9

 Audio and video equipment.................... 815 785 795 3.8 -1.3 -2.8 832 771 800 699 19.0

 Electronic components.......................... 8,013 8,114 8,259 -1.2 -1.8 1.0 8,106 8,254 8,491 8,391 -3.4

 Nondefense search and navigation

 equipment...................................... 3,450 3,415 3,394 1.0 0.6 0.6 3,404 3,394 3,404 3,207 6.1

 Defense search and navigation

 equipment....................................... 2,976 2,984 3,001 -0.3 -0.6 -1.3 2,987 3,028 3,000 3,031 -1.5

 Electromedical, measuring 

 and control instruments...................... 17,320 17,218 17,088 0.6 0.8 0.4 17,167 17,063 16,842 16,133 6.4

 Electrical equipment, appliances, 

 and components.................................... 23,006 22,883 22,632 0.5 1.1 1.8 23,250 23,218 22,612 20,398 14.0

 Electric lighting equipment..................... 2,414 2,479 2,496 -2.6 -0.7 0.2 2,387 2,502 2,526 2,335 2.2

 Household appliances........................... 3,489 3,440 3,408 1.4 0.9 2.2 3,569 3,557 3,414 2,924 22.1

 Electrical equipment............................. 6,904 6,901 6,797 0.0 1.5 1.6 6,978 7,073 6,814 6,297 10.8

 Batteries............................................ 1,842 1,808 1,792 1.9 0.9 1.0 1,925 1,743 1,669 1,843 4.4

 Transportation equipment......................... 155,917 154,388 154,082 1.0 0.2 -0.1 155,329 154,760 153,397 148,083 4.9

 Automobiles....................................... 7,374 7,431 7,677 -0.8 -3.2 0.6 7,251 7,521 7,684 6,010 20.6

 Light trucks and utility vehicles.............. 8,410 8,186 7,935 2.7 3.2 1.1 8,311 8,320 7,787 6,677 24.5

 Heavy duty trucks ............................... 2,951 2,916 2,890 1.2 0.9 2.6 2,934 3,024 2,891 2,370 23.8

 Motor vehicle bodies, parts, 

 and trailers...................................... 32,456 32,103 31,995 1.1 0.3 0.4 32,714 32,308 32,260 29,274 11.8

 Nondefense aircraft and parts................ 76,175 75,507 75,256 0.9 0.3 -0.9 75,530 75,362 74,575 76,511 -1.3

 Defense aircraft and parts..................... 12,648 12,581 12,728 0.5 -1.2 1.6 12,595 12,597 12,671 12,202 3.2

 Ships and boats.................................. 4,117 4,008 3,979 2.7 0.7 0.4 4,252 3,967 3,964 3,535 20.3

 Furniture and related products.................... 9,123 8,989 8,821 1.5 1.9 2.4 9,051 9,006 8,894 7,407 22.2

 Miscellaneous durable goods..................... 28,041 27,795 27,626 0.9 0.6 0.9 27,800 27,730 27,567 25,998 6.9

 Nondurable goods industries...................... 314,119 307,490 303,408 2.2 1.3 1.2 316,007 308,851 303,614 282,886 11.7

 Food products........................................ 65,370 64,647 64,040 1.1 0.9 0.7 64,522 64,653 64,083 60,984 5.8

 Grain and oilseed milling........................ 7,443 7,135 6,870 4.3 3.9 0.9 7,508 7,328 7,166 6,441 16.6

 Dairy products.................................... 9,686 9,576 9,461 1.1 1.2 2.2 9,793 9,557 9,279 9,014 8.6

 Meat, poultry, and seafood products....... 9,886 9,803 9,671 0.8 1.4 0.4 9,970 9,926 9,551 9,796 1.8

 Beverage and tobacco products................ 27,451 27,507 27,326 -0.2 0.7 0.7 27,678 28,025 27,713 26,182 5.7

 Beverages......................................... 23,726 23,742 23,606 -0.1 0.6 0.7 23,839 24,069 23,780 22,439 6.2

 Tobacco............................................ 3,725 3,765 3,720 -1.1 1.2 1.1 3,839 3,956 3,933 3,743 2.6

 Textile mills............................................ 3,454 3,454 3,415 0.0 1.1 1.9 3,463 3,478 3,446 3,027 14.4

 Textile products...................................... 4,219 4,254 4,248 -0.8 0.1 1.1 4,259 4,329 4,311 3,869 10.1

 Apparel................................................. 1,990 1,970 1,922 1.0 2.5 0.5 1,937 1,931 1,890 1,735 11.6

 Leather and allied products....................... 1,025 985 942 4.1 4.6 5.5 1,017 978 951 880 15.6

 Paper products....................................... 16,492 16,461 16,314 0.2 0.9 1.3 16,463 16,557 16,447 15,339 7.3

 Pulp, paper, and paperboard mills........... 4,982 4,979 4,962 0.1 0.3 0.3 5,026 5,034 4,982 4,885 2.9

 Paperboard containers......................... 5,886 5,888 5,823 0.0 1.1 1.7 5,855 5,915 5,921 5,442 7.6

 Printing.................................................. 6,197 6,181 6,151 0.3 0.5 0.9 6,109 6,172 6,084 5,697 7.2

 Petroleum and coal products..................... 53,027 48,891 46,361 8.5 5.5 6.7 54,412 48,285 45,270 38,842 40.1

 Petroleum refineries............................. 46,533 42,525 40,197 9.4 5.8 7.3 47,870 41,824 39,069 33,756 41.8

 Chemical products..................................... 104,206 102,885 102,483 1.3 0.4 -0.4 105,090 103,637 102,815 98,813 6.4

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 5,457 5,451 5,416 0.1 0.6 2.0 5,847 5,910 5,795 5,336 9.6

 Pharmaceuticals and medicines.............. 45,173 44,249 44,527 2.1 -0.6 -1.4 45,181 43,929 44,483 45,366 -0.4

 Paints, coatings, and adhesives.............. 4,946 4,869 4,814 1.6 1.1 1.9 5,132 5,039 4,879 4,174 23.0

 Plastics and rubber products..................... 30,688 30,255 30,206 1.4 0.2 0.2 31,057 30,806 30,604 27,518 12.9

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, March Full Report, May 3, 2022. 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

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2022/

2022p 2022r 2022 Mar. Feb. Jan. 2022p 2022r 2022 2021 2022p 2021 2021

SHIPMENTS

 All manufacturing industries......................... 556,354 543,712 537,895 2.3 1.1 1.4 594,349 504,996 495,157 518,296 1,594,502 1,405,794 13.4

 Construction materials and supplies....... 61,907 61,512 61,585 0.6 -0.1 1.9 63,634 55,093 53,493 56,444 172,220 151,329 13.8

 Information technology......................... 26,277 26,394 26,051 -0.4 1.3 2.5 29,084 23,679 22,511 27,282 75,274 70,156 7.3

 Computers and related products........... 2,080 2,063 1,973 0.8 4.6 2.3 2,286 1,617 1,722 2,154 5,625 5,420 3.8

 Motor vehicle and parts......................... 57,515 54,662 54,692 5.2 -0.1 -0.9 65,813 54,237 49,643 59,801 169,693 160,001 6.1

 Capital goods...................................... 96,939 97,092 97,255 -0.2 -0.2 2.7 108,419 90,293 84,745 97,718 283,457 253,489 11.8

 Nondefense capital goods3.................. 84,350 84,251 84,287 0.1 0.0 2.4 94,379 77,885 73,959 85,007 246,223 219,875 12.0

 Excluding aircraft............................. 79,910 79,560 79,330 0.4 0.3 2.2 88,691 74,280 70,348 79,756 233,319 208,898 11.7

 Defense capital goods4........................ 12,589 12,841 12,968 -2.0 -1.0 5.0 14,040 12,408 10,786 12,711 37,234 33,614 10.8

 Consumer goods.................................. 234,550 223,960 218,575 4.7 2.5 1.1 246,087 206,028 204,748 206,109 656,863 567,492 15.7

 Consumer durable goods..................... 40,590 38,219 38,192 6.2 0.1 -2.7 46,226 37,059 33,406 42,800 116,691 113,717 2.6

 Consumer nondurable goods................ 193,960 185,741 180,383 4.4 3.0 2.0 199,861 168,969 171,342 163,309 540,172 453,775 19.0

 All manufacturing industries5...................... 557,321 545,500 544,717 2.2 0.1 1.5 602,480 514,849 512,431 528,639 1,629,760 1,427,649 14.2

 Construction materials and supplies....... 61,921 61,758 62,085 0.3 -0.5 0.9 65,012 55,829 54,983 60,189 175,824 159,700 10.1

 Information technology......................... 26,856 25,798 26,128 4.1 -1.3 -1.1 30,462 23,603 22,954 28,636 77,019 73,250 5.1

 Computers and related products........... 2,072 2,059 1,959 0.6 5.1 4.0 2,278 1,613 1,708 2,171 5,599 5,428 3.2

 Motor vehicle and parts......................... 57,937 54,916 54,782 5.5 0.2 -0.6 66,087 55,013 50,134 59,944 171,234 161,963 5.7

 Capital goods...................................... 101,641 102,522 107,047 -0.9 -4.2 4.9 118,276 101,619 102,913 106,669 322,808 272,535 18.4

 Nondefense capital goods3.................. 90,357 90,570 96,367 -0.2 -6.0 3.5 102,022 89,637 94,160 88,830 285,819 230,999 23.7

 Excluding aircraft............................. 81,113 80,104 80,294 1.3 -0.2 1.2 90,112 76,925 74,237 81,723 241,274 218,035 10.7

 Defense capital goods4........................ 11,284 11,952 10,680 -5.6 11.9 18.6 16,254 11,982 8,753 17,839 36,989 41,536 -10.9

 Consumer goods.................................. 234,483 223,987 218,607 4.7 2.5 1.1 246,067 206,048 204,795 206,482 656,910 568,417 15.6

 Consumer durable goods..................... 40,523 38,246 38,224 6.0 0.1 -2.9 46,206 37,079 33,453 43,173 116,738 114,642 1.8

 Consumer nondurable goods.............. 193,960 185,741 180,383 4.4 3.0 2.0 199,861 168,969 171,342 163,309 540,172 453,775 19.0

 All manufacturing industries5...................... 1,294,790 1,289,290 1,283,035 0.4 0.5 0.9 1,309,458 1,297,333 1,283,306 1,208,989 (X) (X) 8.3

 Construction materials and supplies....... 80,181 80,167 79,921 0.0 0.3 0.6 80,559 79,181 78,445 66,168 (X) (X) 21.7

 Information technology......................... 127,399 126,820 127,416 0.5 -0.5 0.1 128,467 127,089 127,165 119,897 (X) (X) 7.1

 Computers and related products........... 1,340 1,348 1,352 -0.6 -0.3 -1.0 1,340 1,348 1,352 1,553 (X) (X) -13.7

 Motor vehicle and parts......................... 29,135 28,713 28,459 1.5 0.9 0.3 30,171 29,897 29,121 26,809 (X) (X) 12.5

 Capital goods...................................... 988,727 984,025 978,595 0.5 0.6 1.0 999,930 990,073 978,747 925,499 (X) (X) 8.0

 Nondefense capital goods3.................. 805,363 799,356 793,037 0.8 0.8 1.5 812,962 805,319 793,567 727,849 (X) (X) 11.7

 Excluding aircraft............................. 245,678 244,475 243,931 0.5 0.2 0.4 247,722 246,301 243,656 223,047 (X) (X) 11.1

 Defense capital goods4........................ 183,364 184,669 185,558 -0.7 -0.5 -1.2 186,968 184,754 185,180 197,650 (X) (X) -5.4

 Consumer goods.................................. 7,748 7,815 7,788 -0.9 0.3 0.4 7,645 7,665 7,645 7,138 (X) (X) 7.1

 Consumer durable goods..................... 7,748 7,815 7,788 -0.9 0.3 0.4 7,645 7,665 7,645 7,138 (X) (X) 7.1 

 All manufacturing industries....................... 797,563 787,184 780,198 1.3 0.9 0.8 800,400 791,285 779,487 723,140 (X) (X) 10.7

 Construction materials and supplies....... 86,265 86,102 85,760 0.2 0.4 0.5 87,704 87,499 86,295 76,997 (X) (X) 13.9

 Information technology......................... 43,537 43,156 42,847 0.9 0.7 0.5 43,071 43,072 42,452 39,909 (X) (X) 7.9

 Computers and related products........... 3,878 3,808 3,787 1.8 0.6 -1.1 3,689 3,744 3,657 3,491 (X) (X) 5.7

 Motor vehicle and parts......................... 51,191 50,636 50,497 1.1 0.3 0.7 51,210 51,173 50,622 44,331 (X) (X) 15.5

 Capital goods...................................... 234,343 231,961 230,049 1.0 0.8 0.4 233,844 232,128 227,795 216,639 (X) (X) 7.9

 Nondefense capital goods3.................. 212,938 210,635 208,596 1.1 1.0 0.4 212,295 210,818 206,379 195,815 (X) (X) 8.4

 Excluding aircraft............................. 146,870 145,194 143,483 1.2 1.2 1.1 146,946 145,609 141,958 130,373 (X) (X) 12.7

 Defense capital goods4........................ 21,405 21,326 21,453 0.4 -0.6 0.3 21,549 21,310 21,416 20,824 (X) (X) 3.5

 Consumer goods.................................. 247,143 240,887 237,460 2.6 1.4 1.6 247,525 240,945 236,933 219,916 (X) (X) 12.6

 Consumer durable goods..................... 41,256 40,812 40,524 1.1 0.7 1.3 41,021 41,298 40,634 34,904 (X) (X) 17.5

 Consumer nondurable goods................ 205,887 200,075 196,936 2.9 1.6 1.6 206,504 199,647 196,299 185,012 (X) (X) 11.6

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 noncalendar 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, March Full Report, May 3, 2022. 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 March

Mar. Feb. Jan. Feb. - Jan. - Dec. - Mar. Feb. Jan. Mar. 2022/

2022p 2022r 2022 Mar. Feb. Jan. 2022p 2022r 2022 2021 2021

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 288,411 283,202 280,863 1.8 0.8 0.5 289,392 283,974 281,125 251,028 15.3

 Durable goods industries.......................... 179,226 177,915 176,132 0.7 1.0 0.4 178,984 177,871 176,058 153,723 16.4

 Wood products................................... 6,397 6,318 6,193 1.3 2.0 2.2 6,460 6,538 6,391 5,831 10.8

 Nonmetallic mineral products................. 6,655 6,663 6,539 -0.1 1.9 1.9 6,692 6,677 6,521 6,001 11.5

 Primary metals.................................... 16,905 16,490 15,718 2.5 4.9 -0.7 16,588 16,382 15,752 13,434 23.5

 Fabricated metal products.......................... 26,783 26,741 26,632 0.2 0.4 1.8 26,675 26,696 26,727 21,599 23.5

 Machinery.......................................... 33,572 33,218 32,850 1.1 1.1 1.1 33,788 33,095 32,506 28,401 19.0

 Computers and electronic products........ 23,493 23,637 23,337 -0.6 1.3 0.9 23,234 23,471 23,203 21,088 10.2

 Electrical equipment, appliances,

 and components............................... 10,776 10,735 10,570 0.4 1.6 2.8 10,831 10,829 10,567 9,055 19.6

 Transportation equipment..................... 41,023 40,589 40,969 1.1 -0.9 -1.8 41,225 40,727 41,008 36,303 13.6

 Furniture and related products............... 4,631 4,564 4,398 1.5 3.8 3.9 4,629 4,599 4,481 3,709 24.8

 Miscellaneous products......................... 8,991 8,960 8,926 0.3 0.4 -0.8 8,862 8,857 8,902 8,302 6.7

 Nondurable goods industries...................... 109,185 105,287 104,731 3.7 0.5 0.7 110,408 106,103 105,067 97,305 13.5

 Food products.................................... 23,440 23,276 23,234 0.7 0.2 0.3 23,423 23,425 23,351 22,414 4.5

 Beverage and tobacco products........................ 5,302 5,607 5,599 -5.4 0.1 0.5 5,412 5,800 5,819 5,388 0.4

 Textiles.............................................. 1,352 1,347 1,339 0.4 0.6 -0.1 1,355 1,345 1,336 1,192 13.7

 Textile products................................... 1,494 1,511 1,507 -1.1 0.3 2.9 1,511 1,533 1,519 1,375 9.9

 Apparel............................................. 672 669 653 0.4 2.5 2.2 659 660 649 592 11.3

 Leather and allied products.................... 353 347 332 1.7 4.5 1.5 345 342 332 285 21.1

 Paper products.................................... 8,524 8,543 8,459 -0.2 1.0 2.1 8,526 8,613 8,536 7,732 10.3

 Printing ............................................. 3,187 3,219 3,191 -1.0 0.9 0.8 3,135 3,194 3,151 2,796 12.1

 Petroleum and coal products................. 16,317 13,280 13,411 22.9 -1.0 -1.0 17,266 13,378 13,016 13,004 32.8

 Chemical products................................ 34,769 34,020 33,540 2.2 1.4 1.0 35,019 34,243 33,682 30,962 13.1

 Plastics and rubber products.................. 13,775 13,468 13,466 2.3 0.0 1.2 13,757 13,570 13,676 11,565 19.0

WORK IN PROCESS

 All manufacturing industries....................... 230,251 226,807 224,224 1.5 1.2 0.5 230,202 227,203 222,914 214,064 7.5

 Durable goods industries.......................... 173,174 171,342 170,404 1.1 0.6 0.0 172,992 171,707 169,094 163,882 5.6

 Wood products................................... 2,464 2,453 2,484 0.4 -1.2 -1.4 2,540 2,526 2,544 2,281 11.4

 Nonmetallic mineral products................. 1,495 1,502 1,508 -0.5 -0.4 -0.8 1,551 1,542 1,516 1,539 0.8

 Primary metals.................................... 12,620 12,472 12,408 1.2 0.5 1.7 12,576 12,359 12,213 10,764 16.8

 Fabricated metal products.......................... 14,765 14,736 14,743 0.2 0.0 1.4 14,871 14,815 14,682 13,753 8.1

 Machinery.......................................... 25,263 24,768 24,220 2.0 2.3 2.3 25,452 25,057 23,781 20,226 25.8

 Computers and electronic products........ 12,682 12,713 12,993 -0.2 -2.2 -1.1 12,770 12,852 13,069 13,400 -4.7

 Electrical equipment, appliances,

 and components............................... 4,286 4,229 4,182 1.3 1.1 -0.6 4,312 4,247 4,137 3,930 9.7

 Transportation equipment..................... 93,764 92,704 92,145 1.1 0.6 -0.9 93,152 92,540 91,470 92,840 0.3

 Furniture and related products............... 1,366 1,351 1,346 1.1 0.4 0.9 1,349 1,350 1,336 1,159 16.4

 Miscellaneous products......................... 4,469 4,414 4,375 1.2 0.9 0.9 4,419 4,419 4,346 3,990 10.8

 Nondurable goods industries...................... 57,077 55,465 53,820 2.9 3.1 2.1 57,210 55,496 53,820 50,182 14.0

 Food products.................................... 8,005 7,783 7,668 2.9 1.5 2.2 7,821 7,876 8,019 7,143 9.5

 Beverage and tobacco products........................ 9,328 9,296 9,276 0.3 0.2 -0.2 9,322 9,502 9,474 9,139 2.0

 Textiles.............................................. 618 618 615 0.0 0.5 1.8 617 621 618 554 11.4

 Textile products................................... 420 432 438 -2.8 -1.4 2.3 430 446 446 400 7.5

 Apparel............................................. 237 235 238 0.9 -1.3 -2.1 233 231 233 238 -2.1

 Leather and allied products.................... 89 91 89 -2.2 2.2 -2.2 89 91 91 90 -1.1

 Paper products.................................... 1,559 1,538 1,529 1.4 0.6 0.3 1,554 1,527 1,523 1,438 8.1

 Printing ............................................. 1,209 1,201 1,200 0.7 0.1 -0.2 1,205 1,222 1,184 1,093 10.2

 Petroleum and coal products................. 15,838 14,829 13,625 6.8 8.8 10.3 16,276 14,767 13,238 10,565 54.1

 Chemical products................................ 16,103 15,797 15,520 1.9 1.8 -2.2 15,957 15,523 15,350 15,922 0.2

 Plastics and rubber products.................. 3,671 3,645 3,622 0.7 0.6 0.3 3,706 3,690 3,644 3,600 2.9

FINISHED GOODS

 All manufacturing industries....................... 278,901 277,175 275,111 0.6 0.8 1.3 280,806 280,108 275,448 258,048 8.8

 Durable goods industries.......................... 131,044 130,437 130,254 0.5 0.1 1.4 132,417 132,856 130,721 122,649 8.0

 Wood products................................... 5,544 5,515 5,481 0.5 0.6 -0.4 5,848 5,763 5,599 5,484 6.6

 Nonmetallic mineral products................. 7,357 7,404 7,379 -0.6 0.3 -0.3 7,573 7,597 7,429 7,020 7.9

 Primary metals.................................... 14,189 14,559 14,845 -2.5 -1.9 1.2 14,604 15,066 15,390 12,881 13.4

 Fabricated metal products.......................... 21,967 21,846 21,802 0.6 0.2 -1.0 22,285 22,118 21,796 20,221 10.2

 Machinery.......................................... 23,028 22,767 22,626 1.1 0.6 0.5 23,642 23,260 22,509 22,850 3.5

 Computers and electronic products........ 12,178 11,837 11,871 2.9 -0.3 -0.1 11,814 11,906 11,775 11,595 1.9

 Electrical equipment, appliances,

 and components............................... 7,944 7,919 7,880 0.3 0.5 1.7 8,107 8,142 7,908 7,413 9.4

 Transportation equipment..................... 21,130 21,095 20,968 0.2 0.6 7.0 20,952 21,493 20,919 18,940 10.6

 Furniture and related products............... 3,126 3,074 3,077 1.7 -0.1 0.9 3,073 3,057 3,077 2,539 21.0

 Miscellaneous products......................... 14,581 14,421 14,325 1.1 0.7 2.0 14,519 14,454 14,319 13,706 5.9

 Nondurable goods industries...................... 147,857 146,738 144,857 0.8 1.3 1.3 148,389 147,252 144,727 135,399 9.6

 Food products.................................... 33,925 33,588 33,138 1.0 1.4 0.7 33,278 33,352 32,713 31,427 5.9

 Beverage and tobacco products........................ 12,821 12,604 12,451 1.7 1.2 1.6 12,944 12,723 12,420 11,655 11.1

 Textiles.............................................. 1,484 1,489 1,461 -0.3 1.9 3.8 1,491 1,512 1,492 1,281 16.4

 Textile products................................... 2,305 2,311 2,303 -0.3 0.3 -0.3 2,318 2,350 2,346 2,094 10.7

 Apparel............................................. 1,081 1,066 1,031 1.4 3.4 0.0 1,045 1,040 1,008 905 15.5

 Leather and allied products.................... 583 547 521 6.6 5.0 9.7 583 545 528 505 15.4

 Paper products.................................... 6,409 6,380 6,326 0.5 0.9 0.5 6,383 6,417 6,388 6,169 3.5

 Printing ............................................. 1,801 1,761 1,760 2.3 0.1 2.0 1,769 1,756 1,749 1,808 -2.2

 Petroleum and coal products................. 20,872 20,782 19,325 0.4 7.5 10.2 20,870 20,140 19,016 15,273 36.6

 Chemical products................................ 53,334 53,068 53,423 0.5 -0.7 -0.8 54,114 53,871 53,783 51,929 4.2

 Plastics and rubber products.................. 13,242 13,142 13,118 0.8 0.2 -0.9 13,594 13,546 13,284 12,353 10.0

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 noncalendar 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, March Full Report, May 3, 2022. 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 Mar Feb Jan Dec Mar Feb Jan Dec

2022p 2022r 2022 2021 2022p 2022r 2022 2021

All manufacturing industries3

.................................... 1.43 1.45 1.45 1.46 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.76 1.77 1.76 1.77 6.72 6.74 6.72 6.80

 Wood products........................................................... 1.18 1.17 1.18 1.19 (X) (X) (X) (X)

 Nonmetallic mineral products............................. 1.24 1.24 1.22 1.24 (X) (X) (X) (X)

 Primary metals............................................................ 1.71 1.75 1.74 1.72 1.65 1.68 1.68 1.65

 Fabricated metal products...................................... 1.67 1.69 1.69 1.70 2.86 2.90 2.90 2.93

 Machinery..................................................................... 2.11 2.10 2.04 2.08 3.29 3.30 3.27 3.39

 Computers and electronic products3

................... 1.60 1.59 1.61 1.64 5.23 5.17 5.24 5.32

 Electrical equipment, appliances,

 and components.................................................... 1.66 1.69 1.71 1.70 2.62 2.64 2.70 2.71

 Transportation equipment..................................... 1.95 1.98 1.97 1.98 16.84 16.71 16.47 16.76

 Furniture and related products............................ 1.44 1.42 1.43 1.44 2.15 2.17 2.24 2.30

 Miscellaneous products.......................................... 1.63 1.62 1.59 1.59 (X) (X) (X) (X)

Nondurable goods industries................................... 1.12 1.13 1.14 1.14 (X) (X) (X) (X)

 Food products............................................................. 0.90 0.89 0.89 0.90 (X) (X) (X) (X)

 Beverage and tobacco products........................... 1.85 1.91 1.87 1.87 (X) (X) (X) (X)

 Textiles.......................................................................... 1.47 1.45 1.44 1.40 (X) (X) (X) (X)

 Textile products......................................................... 2.16 2.19 2.21 2.21 (X) (X) (X) (X)

 Apparel........................................................................ 2.21 2.22 2.19 2.15 (X) (X) (X) (X)

 Leather and allied products................................ 2.25 2.28 2.26 2.03 (X) (X) (X) (X)

 Paper products.......................................................... 0.92 0.92 0.92 0.91 (X) (X) (X) (X)

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

 Petroleum and coal products............................... 0.74 0.77 0.78 0.76 (X) (X) (X) (X)

 Chemical products................................................... 1.51 1.50 1.49 1.51 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.33 1.32 1.33 1.34 (X) (X) (X) (X)

Mar3 Mar3 Mar3 Mar3

Industry 2021- 2021- 2021- 2021-

Mar2 Feb Mar2 Feb Mar2 Feb Mar2 Feb

2022 2022 2022 2022 2022 2022 2022 2022

All manufacturing industries.................. (X) 0.2 (X) 0.4 (X) 0.1 (X) 0.1

Durable goods industries....................... 0.2 0.2 0.3 0.6 0.0 0.1 0.1 0.1

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

 Nonmetallic mineral products.............. (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

 Primary metals............................................. 0.8 0.6 0.7 1.1 -0.1 0.3 0.3 0.2

 Fabricated metal products.................... 0.0 0.2 -0.1 0.8 0.0 0.2 0.0 0.1

 Machinery...................................................... 0.5 0.3 0.6 0.6 0.1 0.1 0.3 0.3

 Computers and electronic products..... 0.1 0.3 0.0 0.2 0.0 0.1 0.1 0.1

 Electrical equipment, appliances,

 and components..................................... 0.1 0.3 0.5 0.8 0.1 0.3 -0.4 0.4

 Transportation equipment.................... 0.2 0.7 0.2 1.6 0.0 0.2 0.0 0.1

 Furniture and related products............. (X) 0.4 (X) 0.7 (X) 0.4 (X) 0.3

 Miscellaneous products.......................... (X) 0.6 (X) 0.5 (X) 0.4 (X) 0.1

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

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

 Beverage and tobacco products............ (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

 Textiles.......................................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

 Textile products......................................... (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

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

 Leather and allied products.................. (X) 1.1 (X) (NA) (X) (NA) (X) 0.5

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

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

 Petroleum and coal products............... (X) 1.0 (X) (NA) (X) (NA) (X) 0.6

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

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

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, March Full Report, May 3, 2022. 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, March Full Report, May 3, 2022. 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