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FOR RELEASE AT 10:00 AM EDT, TUESDAY, SEPTEMBER 5, 2017 

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES 

AND ORDERS JULY 2017 

Release Number: CB 17-137 M3-2 (17)-07 

September 5, 2017 — The U.S. Census Bureau announces the July full report on manufacturers’ shipments, 

inventories and orders: 

MANUFACTURED GOODS – NEW ORDERS

JULY 2017 $466.4 billion            ‐3.3%°

JUNE 2017  

(revised) $482.2 billion            +3.2%°

Next release: October 5, 2017

Data adjusted for seasonal variation but not for price changes. 

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

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

Shipments, Inventories, and Orders estimates are not based on a probability 

sample, so the sampling error of these estimates cannot be measured nor can the 

confidence intervals be computed. 

Summary 

New orders for manufactured goods in July, down three of the last four months, decreased $15.8 billion or 

3.3 percent to $466.4 billion, the U.S. Census Bureau reported today. This followed a 3.2 percent June 

increase. Shipments, up seven of the last eight months, increased $1.6 billion or 0.3 percent to $474.3 

billion. This followed a 0.1 percent June increase. Unfilled orders, down two of the last three months, 

decreased $3.6 billion or 0.3 percent to $1,131.9 billion. This followed a 1.3 percent June increase. The 

unfilled orders-to-shipments ratio was 6.75, down from 6.82 in June. Inventories, up eight of the last nine 

months, increased $1.4 billion or 0.2 percent to $651.6 billion. This followed a 0.3 percent June increase. 

The inventories-to-shipments ratio was 1.37, down from 1.38 in June. 

New Orders 

New orders for manufactured durable goods in July, down three of the last four months, decreased $16.8 

billion or 6.8 percent to $228.9 billion, virtually unchanged from the previously published decrease. This 

followed a 6.4 percent June increase. Transportation equipment, also down three of the last four months, 

drove the decrease, $17.6 billion or 19.2 percent to $74.1 billion. New orders for manufactured nondurable 

goods increased $1.0 billion or 0.4 percent to $237.4 billion.

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

%Change 0.4% 0.2% 3.4% -2.3% 1.8% 0.4% 0.8% 1.0% -0.3% -0.3% 3.2% -3.3%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

MANUFACTURERS' NEW ORDERS 2016-2017

Seasonally Adjusted, Month-To-Month Percentage Change

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

Shipments of manufactured durable goods in July, up two of the last three months, increased $0.6 billion or 

0.2 percent to $236.9 billion, down from the previously published 0.4 percent increase. This followed a 

virtually unchanged June decrease. Computers and electronic products, up three consecutive months, led 

the increase, $0.3 billion or 1.0 percent to $26.9 billion. Shipments of manufactured nondurable goods, up 

three of the last four months, increased $1.0 billion or 0.4 percent to $237.4 billion. This followed a 0.2 

percent June increase. Petroleum and coal products, up following five consecutive monthly decreases, led 

the increase, $0.9 billion or 2.2 percent to $41.3 billion. 

Unfilled Orders 

Unfilled orders for manufactured durable goods in July, down two of the last three months, decreased $3.6 

billion or 0.3 percent to $1,131.9 billion, virtually unchanged from the previously published decrease. This 

followed a 1.3 percent June increase. Transportation equipment, also down two of the last three months, 

drove the decrease, $4.8 billion or 0.6 percent to $772.2 billion. 

Inventories

Inventories of manufactured durable goods in July, up twelve of the last thirteen months, increased $1.3 

billion or 0.3 percent to $398.7 billion, virtually unchanged from the previously published increase. This 

followed a 0.5 percent June increase. Transportation equipment, up following two consecutive monthly 

decreases, led the increase, $0.5 billion or 0.4 percent to $129.6 billion. Inventories of manufactured 

nondurable goods, up two consecutive months, increased $0.2 billion or 0.1 percent to $252.8 billion. This 

followed a 0.1 percent June increase. Petroleum and coal products, up following four consecutive monthly 

decreases, drove the increase, $0.3 billion or 0.8 percent to $34.5 billion. By stage of fabrication, July 

materials and supplies increased 0.1 percent in durable goods and decreased 0.1 percent in nondurable 

goods. Work in process was virtually unchanged in durable goods and increased 1.8 percent in nondurable 

goods. Finished goods increased 0.9 percent in durable goods and decreased 0.6 percent in nondurable 

goods. 

The Advance Report on durable goods for August is scheduled for release on September 27, 2017 at 8:30 

a.m. EDT and the Full Report on October 5, 2017 at 10:00 a.m. EDT. View the full schedule in the 

Economic Briefing Room: <www.census.gov/economic-indicators/>. The full text and tables of this release 

can be found at <www.census.gov/m3>.
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EXPLANATORY NOTES 

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

data for semiconductor manufacturing. 

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

Description of the survey 

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

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

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

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

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

finished goods). Data published from the M3 survey are based on a panel of approximately 5,000 reporting 

units that represent approximately 3,100 companies and provide an indication of month-to-month change for 

the Manufacturing Sector. These reporting units may be divisions of diversified large companies, large 

homogenous companies, or single-unit manufacturers in 92 industry categories, which are combined into 65 

publication levels due to the small monthly panel size. The survey methodology assumes that the month-tomonth changes of the total operations of the reporting units in the M3 panel effectively represent the monthto-month movements of all establishments that make up the category. The companies for which shipments 

data are currently reported or imputed in the M3 survey represent approximately 64 percent of the total 

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

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

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

represent approximately 57 percent of the total value of shipments for manufacturing establishments in the 

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

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

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

Nonsampling errors are attributable to many sources. The use of company or divisional reports to estimate 

the monthly change for establishments is one source of nonsampling error. The use of primarily large 

companies to represent the month-to-month movement of all companies is another potential source. Any 

corrections will be published in the full report. Corrections received after the full report will be released in 

the next month’s advance report. Any revisions made later than two months will be reflected in the annual 

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

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

Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) Public Information Office

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America’s Economy Mobile App

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

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

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

API 

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

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

before. 

<www.census.gov/developers/>. 

‐X‐ 
Table 1. Value of Manufacturers' Shipments for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

July June May June - May - Apr. - July June May July 2017/

2017p 2017r 2017 July June May 2017p 2017r 2017 2016 2017p 2016 2016

 All manufacturing industries.................. 474,337 472,759 472,418 0.3 0.1 0.3 451,982 502,443 489,418 429,419 3,273,854 3,128,090 4.7

 Excluding transportation................... 395,402 394,017 393,167 0.4 0.2 -0.1 386,794 415,367 407,644 364,592 2,734,819 2,590,429 5.6

 Excluding defense.............................. 462,089 460,714 460,136 0.3 0.1 0.3 441,271 489,112 477,627 419,040 3,191,686 3,051,058 4.6

 With unfilled orders............................ 167,638 166,404 166,358 0.7 0.0 1.2 154,316 182,833 171,328 146,409 1,144,710 1,097,690 4.3

 Durable goods industries......................... 236,899 236,311 236,344 0.2 0.0 1.3 216,840 258,194 243,272 208,126 1,626,758 1,576,577 3.2

 Wood products....................................... 9,054 9,049 9,060 0.1 -0.1 -1.7 9,248 10,027 9,924 8,691 64,332 59,106 8.8

 Nonmetallic mineral products.................... 10,601 10,573 10,586 0.3 -0.1 0.3 10,859 11,653 11,264 10,546 72,839 71,164 2.4

 Primary metals....................................... 19,353 19,277 19,395 0.4 -0.6 1.2 18,576 20,396 20,504 16,903 135,837 123,267 10.2

 Iron and steel mills............................ 9,195 9,169 9,166 0.3 0.0 1.1 8,891 9,689 9,698 8,025 63,765 57,646 10.6

 Aluminum and nonferrous metals.......... 8,876 8,814 8,927 0.7 -1.3 1.1 8,494 9,239 9,432 7,657 62,962 56,048 12.3

 Ferrous metal foundries....................... 1,282 1,294 1,302 -0.9 -0.6 2.6 1,191 1,468 1,374 1,221 9,110 9,573 -4.8

 Fabricated metal products....................... 31,877 31,922 31,887 -0.1 0.1 2.3 30,753 34,237 33,381 28,650 219,262 204,680 7.1

 Machinery............................................. 31,142 31,074 30,914 0.2 0.5 0.5 29,291 34,236 32,251 27,060 216,195 209,954 3.0

 Farm machinery................................. 2,671 2,697 2,608 -1.0 3.4 3.0 2,562 2,752 2,849 2,213 19,774 18,676 5.9

 Construction machinery..................... 2,059 2,011 2,023 2.4 -0.6 1.3 1,917 2,152 2,178 1,631 14,153 14,041 0.8

 Mining, oil field, and 

 gas field machinery.......................... 1,047 1,017 1,009 2.9 0.8 2.6 993 1,035 994 699 6,699 7,505 -10.7

 Industrial machinery.......................... 2,888 2,837 2,855 1.8 -0.6 -2.5 2,759 3,249 2,751 2,565 19,522 18,957 3.0

 Photographic equipment...................... 549 575 573 -4.5 0.3 -1.9 481 644 550 516 3,766 3,800 -0.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,669 3,742 3,709 -2.0 0.9 -2.0 3,816 4,857 4,059 3,840 26,600 25,764 3.2

 Metalworking machinery..................... 3,098 3,081 2,933 0.6 5.0 -1.9 2,785 3,305 2,965 2,417 20,221 18,540 9.1

 Turbines, generators, and other

 power transmission equipment....... 3,977 3,919 4,050 1.5 -3.2 2.9 3,792 4,036 4,265 3,489 27,342 26,579 2.9

 Material handling equipment............... 2,755 2,809 2,783 -1.9 0.9 -0.9 2,574 2,948 2,867 2,448 19,085 18,036 5.8

 Computers and electronic products2

.......... 26,868 26,603 26,412 1.0 0.7 0.4 25,262 29,443 24,931 24,379 179,838 172,021 4.5

 Computers........................................ 703 705 741 -0.3 -4.9 -0.3 698 898 688 674 4,984 4,875 2.2

 Computer storage devices..................... 740 684 667 8.2 2.5 -4.3 475 1,157 497 528 4,492 4,455 0.8

 Other peripheral equipment................ 630 544 545 15.8 -0.2 0.4 578 739 530 487 3,770 4,091 -7.8

 Nondefense communications

 equipment.................................... 2,698 2,732 2,740 -1.2 -0.3 0.7 2,372 3,438 2,623 2,290 18,322 17,649 3.8

 Defense communications equipment.... 247 237 247 4.2 -4.0 6.5 221 239 240 234 1,615 1,673 -3.5

 Audio and video equipment.................... 327 321 327 1.9 -1.8 0.6 283 315 316 256 2,041 1,937 5.4

 Electronic components......................... 3,924 3,977 3,948 -1.3 0.7 0.8 4,025 4,508 4,069 3,882 27,505 26,124 5.3

 Nondefense search and navigation

 equipment...................................... 1,445 1,433 1,439 0.8 -0.4 -1.5 1,257 1,553 1,494 1,138 9,761 8,994 8.5

 Defense search and navigation

 equipment..................................... 2,574 2,577 2,587 -0.1 -0.4 -2.3 2,408 2,783 2,495 2,386 17,524 16,549 5.9

 Electromedical, measuring,

 and control instruments................. 9,044 8,595 8,569 5.2 0.3 -0.8 8,319 9,714 8,288 7,729 58,695 56,994 3.0

 Electrical equipment, appliances, 

 and components................................... 10,066 10,153 10,063 -0.9 0.9 0.2 9,542 11,102 10,234 9,377 69,244 67,898 2.0

 Electric lighting equipment..................... 1,065 1,100 1,130 -3.2 -2.7 3.6 1,046 1,090 1,106 1,075 7,383 7,346 0.5

 Household appliances........................ 1,531 1,558 1,560 -1.7 -0.1 -0.8 1,388 1,685 1,634 1,500 10,643 11,331 -6.1

 Electrical equipment............................ 2,646 2,742 2,674 -3.5 2.5 -2.1 2,396 3,265 2,741 2,570 19,066 20,014 -4.7

 Batteries........................................... 919 875 933 5.0 -6.2 3.9 801 880 919 788 5,894 6,042 -2.4

 Transportation equipment........................ 78,935 78,742 79,251 0.2 -0.6 2.4 65,188 87,076 81,774 64,827 539,035 537,661 0.3

 Automobiles..................................... 7,714 7,847 8,244 -1.7 -4.8 -0.7 5,823 8,702 8,716 6,937 55,372 65,575 -15.6

 Light trucks and utility vehicles.............. 15,703 16,252 16,316 -3.4 -0.4 4.5 12,015 17,414 16,480 11,861 109,980 104,512 5.2

 Heavy duty trucks ............................. 2,566 2,482 2,451 3.4 1.3 5.5 2,505 2,784 2,680 2,105 16,631 16,887 -1.5

 Motor vehicle bodies, parts, 

 and trailers.................................... 27,319 27,547 27,535 -0.8 0.0 0.6 23,029 29,791 29,194 22,372 191,710 183,931 4.2

 Nondefense aircraft and parts................ 12,989 12,033 11,946 7.9 0.7 5.5 11,114 14,332 11,812 11,018 79,514 83,411 -4.7

 Defense aircraft and parts.................. 4,136 4,107 4,085 0.7 0.5 6.9 3,388 4,854 3,947 3,167 26,460 26,023 1.7

 Ships and boats................................. 2,982 3,020 3,214 -1.3 -6.0 3.6 2,734 3,229 3,256 2,882 21,215 21,029 0.9

 Furniture and related products.................. 6,488 6,446 6,465 0.7 -0.3 0.5 6,476 6,640 6,462 6,347 44,738 44,115 1.4

 Miscellaneous durable goods................. 12,515 12,472 12,311 0.3 1.3 0.5 11,645 13,384 12,547 11,346 85,438 86,711 -1.5

 Nondurable goods industries..................... 237,438 236,448 236,074 0.4 0.2 -0.6 235,142 244,249 246,146 221,293 1,647,096 1,551,513 6.2

 Food products....................................... 69,391 69,252 68,716 0.2 0.8 0.5 66,577 68,791 68,632 62,060 467,829 444,975 5.1

 Grain and oilseed milling....................... 7,663 7,620 7,547 0.6 1.0 1.1 7,278 7,206 7,259 6,877 50,937 49,551 2.8

 Dairy products.................................. 9,817 9,846 9,877 -0.3 -0.3 -0.3 9,560 9,725 9,955 9,005 67,506 63,423 6.4

 Meat, poultry, and seafood products... 20,057 20,382 19,939 -1.6 2.2 2.2 19,912 21,224 20,403 18,248 136,542 129,237 5.7

 Beverage and tobacco products................ 13,195 13,365 13,386 -1.3 -0.2 0.2 13,173 14,053 13,974 13,529 91,950 92,113 -0.2

 Beverages......................................... 9,292 9,462 9,500 -1.8 -0.4 -1.2 9,270 10,150 10,088 10,146 65,937 68,865 -4.3

 Tobacco............................................ 3,903 3,903 3,886 0.0 0.4 3.9 3,903 3,903 3,886 3,383 26,013 23,248 11.9

 Textile mills........................................... 2,617 2,609 2,633 0.3 -0.9 1.0 2,579 2,781 2,753 2,454 18,477 17,710 4.3

 Textile products................................... 2,229 2,221 2,217 0.4 0.2 0.9 2,261 2,402 2,304 2,188 15,631 15,265 2.4

 Apparel................................................ 1,048 1,056 1,071 -0.8 -1.4 3.2 1,063 1,001 1,007 1,019 6,856 6,517 5.2

 Leather and allied products...................... 388 382 385 1.6 -0.8 0.3 371 400 390 360 2,712 2,673 1.5

 Paper products...................................... 15,880 15,838 15,812 0.3 0.2 1.5 15,743 16,325 16,359 15,193 109,462 107,919 1.4

 Pulp, paper, and paperboard mills....... 6,603 6,561 6,649 0.6 -1.3 1.9 6,644 6,644 6,811 6,519 45,794 45,722 0.2

 Paperboard containers........................ 5,340 5,395 5,393 -1.0 0.0 0.8 5,261 5,669 5,540 5,126 37,554 36,356 3.3

 Printing................................................. 6,287 6,291 6,293 -0.1 0.0 -0.6 5,847 6,212 6,556 6,309 43,676 46,894 -6.9

 Petroleum and coal products.................. 41,254 40,365 40,891 2.2 -1.3 -3.8 44,355 42,691 44,604 37,011 292,759 231,524 26.4

 Petroleum refineries.......................... 37,208 36,401 36,893 2.2 -1.3 -3.9 39,873 38,097 40,242 33,023 265,626 207,104 28.3

 Chemical products..................................... 65,146 65,027 64,676 0.2 0.5 -0.9 63,447 67,794 68,475 61,417 457,380 445,803 2.6

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,823 2,880 2,746 -2.0 4.9 -1.9 2,299 3,044 3,442 2,764 22,374 26,245 -14.7

 Pharmaceuticals and medicines............. 22,179 22,042 21,946 0.6 0.4 0.3 21,388 22,606 23,174 19,552 151,602 142,311 6.5

 Paints, coatings, and adhesives.......... 3,867 3,799 3,814 1.8 -0.4 1.5 3,921 4,213 4,340 3,627 27,099 25,774 5.1

 Plastics and rubber products.................. 20,003 20,042 19,994 -0.2 0.2 0.3 19,726 21,799 21,092 19,753 140,364 140,120 0.2

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, July Full Report, September 5, 2017. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 2. Value of Manufacturers' New Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

July June May June - May - Apr. - July June May July 2017/

2017p 2017r 2017 July June May 2017p 2017r 2017 2016 2017p 2016 2016

All manufacturing industries2........................ 466,360 482,153 467,050 -3.3 3.2 -0.3 443,950 511,734 478,615 421,292 3,255,177 3,082,790 5.6

 Excluding transportation2

...................... 392,234 390,392 390,024 0.5 0.1 -0.1 383,082 409,644 404,568 359,769 2,722,365 2,573,287 5.8

 Excluding defense2

.............................. 452,850 470,093 455,743 -3.7 3.1 -0.1 433,059 496,853 469,798 413,750 3,174,220 3,008,314 5.5

 With unfilled orders2............................. 164,034 180,446 165,434 -9.1 9.1 -0.5 150,754 196,079 164,066 142,857 1,156,025 1,079,675 7.1

 Durable goods industries2

......................... 228,922 245,705 230,976 -6.8 6.4 0.0 208,808 267,485 232,469 199,999 1,608,081 1,531,277 5.0

 Primary metals........................................ 19,526 19,483 19,399 0.2 0.4 0.0 18,805 20,361 20,104 16,868 137,363 124,435 10.4

 Iron and steel mills.............................. 9,393 9,423 9,284 -0.3 1.5 3.7 9,044 9,898 9,638 7,886 64,869 59,081 9.8

 Aluminum and nonferrous metals.......... 8,788 8,689 8,732 1.1 -0.5 -5.0 8,476 8,992 9,041 7,793 63,074 55,411 13.8

 Ferrous metal foundries....................... 1,345 1,371 1,383 -1.9 -0.9 9.6 1,285 1,471 1,425 1,189 9,420 9,943 -5.3

 Fabricated metal products........................ 32,555 32,389 32,357 0.5 0.1 1.6 31,534 33,919 34,433 28,758 225,962 208,097 8.6

 Machinery............................................. 31,510 31,796 31,641 -0.9 0.5 2.6 29,716 34,039 32,343 27,223 220,943 207,927 6.3

 Construction machinery........................ 2,211 2,032 2,059 8.8 -1.3 7.3 1,970 1,859 1,945 1,428 14,632 12,456 17.5

 Mining, oil field, and

 gas field machinery.......................... 1,062 1,044 1,019 1.7 2.5 10.3 1,047 1,073 964 635 6,733 5,734 17.4

 Industrial machinery............................ 2,772 2,795 3,028 -0.8 -7.7 5.2 2,731 3,169 2,779 2,636 19,893 18,403 8.1

 Photographic equipment....................... 502 543 548 -7.6 -0.9 0.6 445 498 532 524 3,558 3,667 -3.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 3,679 3,818 3,822 -3.6 -0.1 0.8 3,768 4,865 4,109 3,763 27,272 25,891 5.3

 Metalworking machinery....................... 3,165 3,061 3,005 3.4 1.9 0.4 2,903 3,161 3,013 2,543 20,314 19,365 4.9

 Turbines, generators, and other 

 power transmission equipment........... 4,031 4,063 4,024 -0.8 1.0 6.3 3,958 4,332 4,111 3,493 27,752 26,450 4.9

 Material handling equipment.................. 2,962 3,111 2,942 -4.8 5.7 3.5 2,507 3,298 3,045 2,301 20,329 18,393 10.5

 Computers and electronic products2

........... 22,483 22,013 22,068 2.1 -0.2 -0.3 20,718 24,966 20,939 19,723 152,135 149,108 2.0

 Computers........................................ 744 748 740 -0.5 1.1 -2.5 739 941 687 698 5,151 4,870 5.8

 Nondefense communications

 equipment...................................... 2,754 2,796 2,760 -1.5 1.3 -4.9 2,423 3,283 2,366 2,475 19,694 19,361 1.7

 Defense communications equipment....... 250 256 251 -2.3 2.0 13.1 218 303 228 211 1,712 1,750 -2.2

 Electronic components......................... 3,942 3,941 3,987 0.0 -1.2 -0.6 4,140 4,245 4,128 4,040 27,864 26,331 5.8

 Nondefense search and navigation

 equipment...................................... 1,440 1,503 1,546 -4.2 -2.8 4.1 1,396 1,567 1,489 1,243 10,338 9,605 7.6

 Defense search and navigation

 equipment...................................... 2,509 2,442 2,453 2.7 -0.4 4.2 2,083 2,697 2,176 1,890 16,777 17,492 -4.1

 Electromedical, measuring,

 and control instruments..................... 8,984 8,628 8,634 4.1 -0.1 -0.4 8,227 9,575 8,372 7,695 59,159 57,821 2.3

 Electrical equipment, appliances, 

 and components................................... 9,948 9,700 10,178 2.6 -4.7 0.7 8,988 10,628 10,306 9,307 69,845 69,709 0.2

 Electric lighting equipment..................... 1,083 1,119 1,135 -3.2 -1.4 1.2 1,031 1,146 1,112 1,009 7,562 7,455 1.4

 Household appliances.......................... 1,517 1,565 1,580 -3.1 -0.9 0.6 1,350 1,665 1,652 1,524 10,663 11,330 -5.9

 Electrical equipment............................ 2,513 2,391 2,698 5.1 -11.4 -2.1 2,306 2,849 2,770 2,700 19,079 20,309 -6.1

 Transportation equipment........................ 74,126 91,761 77,026 -19.2 19.1 -1.6 60,868 102,090 74,047 61,523 532,812 509,503 4.6

 Motor vehicle bodies, parts, 

 and trailers..................................... 27,434 27,680 27,677 -0.9 0.0 0.3 22,878 29,376 29,352 22,099 192,287 181,945 5.7

 Nondefense aircraft and parts................ 7,332 25,123 10,961 -70.8 129.2 -1.4 7,103 28,490 7,060 10,501 75,030 62,313 20.4

 Defense aircraft and parts.................... 5,505 3,725 3,528 47.8 5.6 -34.3 4,423 4,624 2,917 3,095 29,439 28,282 4.1

 Ships and boats.................................. 2,985 3,080 2,979 -3.1 3.4 -3.8 2,124 3,874 2,637 1,374 19,188 16,305 17.7

 Furniture and related products................... 6,594 6,468 6,335 1.9 2.1 -0.5 6,417 6,417 6,547 5,995 46,368 45,481 2.0

 Nondurable goods industries..................... 237,438 236,448 236,074 0.4 0.2 -0.6 235,142 244,249 246,146 221,293 1,647,096 1,551,513 6.2

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

 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, July Full Report, September 5, 2017. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry July

July June May June - May - Apr. - July June May July 2017/

2017p 2017r 2017 July June May 2017p 2017r 2017 2016 2016

All manufacturing industries2...................... 1,131,942 1,135,546 1,121,504 -0.3 1.3 -0.1 1,134,057 1,137,619 1,124,373 1,125,922 0.7

 Excluding transportation2...................... 359,759 358,554 357,531 0.3 0.3 0.4 362,201 361,443 363,211 348,955 3.8

 Excluding defense2

............................. 954,029 958,895 944,868 -0.5 1.5 0.0 955,380 959,122 947,426 952,214 0.3

 Durable goods industries2........................ 1,131,942 1,135,546 1,121,504 -0.3 1.3 -0.1 1,134,057 1,137,619 1,124,373 1,125,922 0.7

 Primary metals........................................ 30,242 30,069 29,863 0.6 0.7 0.0 30,468 30,239 30,274 28,747 6.0

 Iron and steel mills............................... 14,996 14,798 14,544 1.3 1.7 0.8 15,301 15,148 14,939 14,145 8.2

 Aluminum and nonferrous metals............. 11,008 11,096 11,221 -0.8 -1.1 -1.7 10,896 10,914 11,161 10,838 0.5

 Ferrous metal foundries........................ 4,238 4,175 4,098 1.5 1.9 2.0 4,271 4,177 4,174 3,764 13.5

 Fabricated metal products......................... 78,628 77,950 77,483 0.9 0.6 0.6 79,959 79,178 79,496 77,309 3.4

 Machinery.............................................. 100,339 99,971 99,249 0.4 0.7 0.7 100,397 99,972 100,169 96,898 3.6

 Construction machinery......................... 5,429 5,277 5,256 2.9 0.4 0.7 5,233 5,180 5,473 4,670 12.1

 Mining, oil field, and

 gas field machinery.......................... 5,169 5,154 5,127 0.3 0.5 0.2 5,141 5,087 5,049 5,398 -4.8

 Industrial machinery............................. 8,119 8,235 8,277 -1.4 -0.5 2.1 8,240 8,268 8,348 8,938 -7.8

 Photographic equipment........................ 1,260 1,307 1,339 -3.6 -2.4 -1.8 1,183 1,219 1,365 1,167 1.4

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 6,103 6,093 6,017 0.2 1.3 1.9 6,150 6,198 6,190 5,734 7.3

 Metalworking machinery........................ 8,049 7,982 8,002 0.8 -0.2 0.9 8,102 7,984 8,128 8,274 -2.1

 Turbines, generators, and other 

 power transmission equipment............ 29,815 29,761 29,617 0.2 0.5 -0.1 29,987 29,821 29,525 29,296 2.4

 Material handling equipment................... 12,395 12,188 11,886 1.7 2.5 1.4 12,423 12,490 12,140 10,876 14.2

 Computers and electronic products2............. 117,716 117,728 117,670 0.0 0.0 0.1 118,197 118,271 118,793 115,201 2.6

 Computers......................................... 1,856 1,815 1,772 2.3 2.4 -0.1 1,856 1,815 1,772 1,674 10.9

 Nondefense communications

 equipment...................................... 25,480 25,424 25,360 0.2 0.3 0.1 25,588 25,537 25,692 23,593 8.5

 Defense communications equipment........ 1,613 1,610 1,591 0.2 1.2 0.3 1,654 1,657 1,593 1,681 -1.6

 Electronic components.......................... 11,406 11,388 11,424 0.2 -0.3 0.3 11,424 11,309 11,572 11,072 3.2

 Nondefense search and navigation

 equipment....................................... 18,395 18,400 18,330 0.0 0.4 0.6 18,537 18,398 18,384 17,745 4.5

 Defense search and navigation

 equipment....................................... 27,137 27,202 27,337 -0.2 -0.5 -0.5 27,156 27,481 27,567 28,312 -4.1

 Electromedical, measuring,

 and control instruments...................... 31,829 31,889 31,856 -0.2 0.1 0.2 31,982 32,074 32,213 31,124 2.8

 Electrical equipment, appliances, 

 and components.................................... 22,301 22,419 22,872 -0.5 -2.0 0.5 22,238 22,792 23,266 20,653 7.7

 Electric lighting equipment..................... 1,576 1,558 1,539 1.2 1.2 0.3 1,610 1,625 1,569 1,565 2.9

 Household appliances........................... 1,091 1,105 1,098 -1.3 0.6 1.9 1,079 1,117 1,137 984 9.7

 Electrical equipment............................. 8,100 8,233 8,584 -1.6 -4.1 0.3 8,164 8,254 8,670 8,131 0.4

 Transportation equipment......................... 772,183 776,992 763,973 -0.6 1.7 -0.3 771,856 776,176 761,162 776,967 -0.7

 Motor vehicle bodies, parts, 

 and trailers...................................... 23,985 23,870 23,737 0.5 0.6 0.6 23,477 23,628 24,043 22,325 5.2

 Nondefense aircraft and parts................ 579,739 585,396 572,306 -1.0 2.3 -0.2 579,295 583,306 569,148 589,195 -1.7

 Defense aircraft and parts..................... 74,023 72,654 73,036 1.9 -0.5 -0.8 74,379 73,344 73,574 69,343 7.3

 Ships and boats.................................. 23,520 23,517 23,457 0.0 0.3 -1.0 23,604 24,214 23,569 22,467 5.1

 Furniture and related products................... 9,787 9,681 9,659 1.1 0.2 -1.3 10,196 10,255 10,478 9,411 8.3

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

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

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

 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, July Full Report, September 5, 2017. Information on data sources and methodology can be found on our 

website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 4. Value of Manufacturers' Inventories for Industry Groups1

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry July

July June May June - May - Apr. - July June May July 2017/

2017p 2017r 2017 July June May 2017p 2017r 2017 2016 2016

 All manufacturing industries...................... 651,560 650,138 648,044 0.2 0.3 -0.2 655,848 646,701 653,636 640,133 2.5

 Excluding transportation........................ 521,981 521,091 518,808 0.2 0.4 -0.2 526,012 519,458 523,205 508,442 3.5

 Excluding defense............................. 624,211 623,335 621,179 0.1 0.3 -0.2 628,422 619,867 626,620 613,327 2.5

 With unfilled orders............................. 323,959 323,055 321,803 0.3 0.4 0.2 326,393 321,108 324,890 320,153 1.9

 Durable goods industries........................ 398,730 397,479 395,544 0.3 0.5 0.2 401,391 394,637 398,966 392,391 2.3

 Wood products........................................ 11,821 11,740 11,699 0.7 0.4 0.5 11,666 11,489 11,590 10,873 7.3

 Nonmetallic mineral products..................... 13,345 13,237 13,177 0.8 0.5 0.4 13,427 13,382 13,484 13,004 3.3

 Primary metals......................................... 33,128 33,072 33,005 0.2 0.2 0.6 33,435 32,847 32,929 31,115 7.5

 Iron and steel mills............................... 18,634 18,701 18,683 -0.4 0.1 0.9 18,810 18,527 18,474 17,344 8.5

 Aluminum and nonferrous metals............ 12,497 12,411 12,394 0.7 0.1 0.3 12,626 12,376 12,494 11,794 7.1

 Ferrous metal foundries........................ 1,997 1,960 1,928 1.9 1.7 0.2 1,999 1,944 1,961 1,977 1.1

 Fabricated metal products......................... 49,723 49,340 48,822 0.8 1.1 0.8 50,188 49,289 49,186 48,247 4.0

 Machinery.............................................. 68,437 68,406 67,557 0.0 1.3 0.2 68,923 67,908 68,331 65,854 4.7

 Farm machinery.................................. 3,702 3,668 3,582 0.9 2.4 -0.6 3,562 3,671 3,656 3,101 14.9

 Construction machinery......................... 5,246 5,226 5,204 0.4 0.4 1.4 5,208 5,185 5,190 5,361 -2.9

 Mining, oil field, 

 and gas field machinery.................... 7,746 7,749 7,745 0.0 0.1 -1.4 7,748 7,727 7,814 7,354 5.4

 Industrial machinery............................. 7,826 7,813 7,651 0.2 2.1 1.3 7,743 7,815 7,698 7,165 8.1

 Photographic equipment....................... 1,385 1,372 1,366 0.9 0.4 -0.8 1,407 1,334 1,363 1,409 -0.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,107 5,075 5,043 0.6 0.6 -0.9 5,179 5,105 5,341 4,593 12.8

 Metalworking machinery........................ 5,750 5,771 5,833 -0.4 -1.1 1.1 5,783 5,714 5,878 5,676 1.9

 Turbines, generators, and other

 power transmission equipment............ 9,894 10,076 9,649 -1.8 4.4 2.0 10,151 9,787 9,824 9,347 8.6

 Material handling equipment.................. 5,084 4,991 4,906 1.9 1.7 0.1 5,247 5,021 4,932 4,776 9.9

 Computers and electronic products2

............ 44,558 44,492 44,294 0.1 0.4 0.3 45,165 44,255 44,998 44,119 2.4

 Computers......................................... 1,681 1,719 1,724 -2.2 -0.3 -0.8 1,780 1,744 1,762 1,698 4.8

 Computer storage devices.................... 1,476 1,478 1,445 -0.1 2.3 0.0 1,495 1,453 1,461 1,356 10.3

 Other peripheral equipment................... 1,152 1,152 1,186 0.0 -2.9 -2.1 1,159 1,116 1,253 1,168 -0.8

 Nondefense communications

 equipment...................................... 4,051 4,058 4,082 -0.2 -0.6 0.4 4,045 3,995 4,145 3,963 2.1

 Defense communications equipment........ 587 578 575 1.6 0.5 0.7 587 578 575 597 -1.7

 Audio and video equipment.................... 649 659 702 -1.5 -6.1 -4.6 649 619 653 671 -3.3

 Electronic components.......................... 7,825 7,855 7,777 -0.4 1.0 1.2 7,980 7,812 7,844 7,572 5.4

 Nondefense search and navigation

 equipment...................................... 3,124 3,116 3,092 0.3 0.8 0.2 3,165 3,094 3,098 3,097 2.2

 Defense search and navigation

 equipment....................................... 3,098 3,082 3,091 0.5 -0.3 -0.1 3,156 3,107 3,199 3,071 2.8

 Electromedical, measuring 

 and control instruments...................... 14,528 14,466 14,365 0.4 0.7 -0.1 14,723 14,367 14,629 14,688 0.2

 Electrical equipment, appliances, 

 and components.................................... 17,644 17,638 17,434 0.0 1.2 0.3 17,949 17,732 17,723 17,436 2.9

 Electric lighting equipment..................... 2,161 2,155 2,133 0.3 1.0 0.0 2,220 2,168 2,159 2,109 5.3

 Household appliances........................... 2,424 2,412 2,401 0.5 0.5 0.1 2,492 2,423 2,442 2,411 3.4

 Electrical equipment............................. 4,869 4,842 4,816 0.6 0.5 -0.5 4,926 4,828 4,942 4,976 -1.0

 Batteries............................................ 1,762 1,782 1,752 -1.1 1.7 -0.2 1,842 1,824 1,794 1,823 1.0

 Transportation equipment......................... 129,579 129,047 129,236 0.4 -0.1 -0.2 129,836 127,243 130,431 131,691 -1.4

 Automobiles....................................... 4,403 4,461 4,324 -1.3 3.2 0.1 4,537 4,208 4,230 4,804 -5.6

 Light trucks and utility vehicles.............. 3,824 3,667 3,666 4.3 0.0 0.3 3,950 3,349 3,593 3,833 3.1

 Heavy duty trucks ............................... 2,122 2,136 2,034 -0.7 5.0 -1.2 2,114 2,177 2,109 1,943 8.8

 Motor vehicle bodies, parts, 

 and trailers...................................... 24,419 24,097 24,432 1.3 -1.4 1.0 24,598 23,676 24,440 25,042 -1.8

 Nondefense aircraft and parts................ 65,876 66,270 66,210 -0.6 0.1 -0.8 65,589 65,573 67,545 67,803 -3.3

 Defense aircraft and parts..................... 13,149 12,717 12,830 3.4 -0.9 -0.5 13,178 12,689 12,883 12,445 5.9

 Ships and boats.................................. 3,268 3,318 3,440 -1.5 -3.5 0.4 3,213 3,353 3,361 3,342 -3.9

 Furniture and related products.................... 7,711 7,705 7,645 0.1 0.8 0.9 7,918 7,900 7,694 7,561 4.7

 Miscellaneous durable goods..................... 22,784 22,802 22,675 -0.1 0.6 -0.2 22,884 22,592 22,600 22,491 1.7

 Nondurable goods industries...................... 252,830 252,659 252,500 0.1 0.1 -0.7 254,457 252,064 254,670 247,742 2.7

 Food products........................................ 55,631 55,989 55,698 -0.6 0.5 0.3 55,180 54,521 54,269 54,300 1.6

 Grain and oilseed milling........................ 5,586 5,669 5,667 -1.5 0.0 0.7 5,376 5,483 5,367 5,259 2.2

 Dairy products.................................... 8,288 8,247 8,214 0.5 0.4 -0.6 8,538 8,488 8,481 7,848 8.8

 Meat, poultry, and seafood products....... 9,286 9,408 9,131 -1.3 3.0 0.8 9,372 9,321 9,165 9,276 1.0

 Beverage and tobacco products................ 23,502 23,580 23,468 -0.3 0.5 0.1 22,674 22,877 23,288 22,384 1.3

 Beverages......................................... 19,148 19,229 19,048 -0.4 1.0 0.2 18,642 18,745 18,970 18,278 2.0

 Tobacco............................................ 4,354 4,351 4,420 0.1 -1.6 -0.1 4,032 4,132 4,318 4,106 -1.8

 Textile mills............................................ 3,249 3,232 3,197 0.5 1.1 -0.8 3,276 3,253 3,231 3,191 2.7

 Textile products...................................... 3,412 3,407 3,411 0.1 -0.1 0.3 3,405 3,411 3,422 3,301 3.2

 Apparel................................................. 1,987 2,016 2,068 -1.4 -2.5 -1.7 2,108 2,048 2,050 2,354 -10.5

 Leather and allied products....................... 802 800 799 0.3 0.1 0.0 822 814 814 821 0.1

 Paper products....................................... 15,643 15,581 15,544 0.4 0.2 -0.2 15,730 15,449 15,512 15,697 0.2

 Pulp, paper, and paperboard mills........... 6,221 6,233 6,245 -0.2 -0.2 -0.2 6,235 6,165 6,255 6,310 -1.2

 Paperboard containers......................... 4,956 4,884 4,834 1.5 1.0 0.2 4,967 4,837 4,824 4,845 2.5

 Printing.................................................. 5,405 5,406 5,401 0.0 0.1 -0.3 5,423 5,387 5,354 5,518 -1.7

 Petroleum and coal products..................... 34,504 34,240 34,528 0.8 -0.8 -5.2 36,317 35,607 36,550 32,217 12.7

 Petroleum refineries............................. 29,920 29,641 29,927 0.9 -1.0 -5.8 31,659 30,958 31,869 27,512 15.1

 Chemical products..................................... 83,245 83,133 83,187 0.1 -0.1 -0.1 84,065 83,429 84,533 82,982 1.3

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 4,221 4,265 4,276 -1.0 -0.3 0.8 3,960 3,957 4,152 3,909 1.3

 Pharmaceuticals and medicines.............. 34,667 34,514 34,629 0.4 -0.3 -0.2 35,110 35,080 35,385 35,672 -1.6

 Paints, coatings, and adhesives.............. 3,869 3,860 3,828 0.2 0.8 0.6 3,910 3,926 3,920 3,661 6.8

 Plastics and rubber products..................... 25,450 25,275 25,199 0.7 0.3 -0.2 25,457 25,268 25,647 24,977 1.9

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, July Full Report, September 5, 2017. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 5. Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for 

 Topical Series1, 2

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry % Change6

July June May June - May - Apr. - July June May July 2017/

2017p 2017r 2017 July June May 2017p 2017r 2017 2016 2017p 2016 2016

SHIPMENTS

 All manufacturing industries................... 474,337 472,759 472,418 0.3 0.1 0.3 451,982 502,443 489,418 429,419 3,273,854 3,128,090 4.7

 Construction materials and supplies....... 49,577 49,725 49,790 -0.3 -0.1 0.8 50,177 55,192 53,391 47,922 345,430 329,672 4.8

 Information technology......................... 23,025 22,431 22,359 2.6 0.3 -0.7 21,159 25,806 21,705 19,882 152,365 145,577 4.7

 Computers and related products........... 2,073 1,933 1,953 7.2 -1.0 -1.5 1,751 2,794 1,715 1,689 13,246 13,421 -1.3

 Motor vehicle and parts......................... 53,302 54,128 54,546 -1.5 -0.8 1.7 43,372 58,691 57,070 43,275 373,693 370,905 0.8

 Capital goods...................................... 82,991 81,167 80,831 2.2 0.4 0.9 76,114 90,631 81,254 71,507 553,968 540,555 2.5

 Nondefense capital goods3

.................. 72,734 71,175 70,565 2.2 0.9 1.0 67,052 79,790 71,337 62,721 485,121 477,380 1.6

 Excluding aircraft............................. 64,070 63,298 62,931 1.2 0.6 0.3 59,783 70,232 63,655 55,719 435,098 424,902 2.4

 Defense capital goods4

........................ 10,257 9,992 10,266 2.7 -2.7 0.5 9,062 10,841 9,917 8,786 68,847 63,175 9.0

 Consumer goods.................................. 194,913 194,567 194,802 0.2 -0.1 -0.1 187,234 200,287 201,631 174,470 1,345,117 1,256,687 7.0

 Consumer durable goods..................... 36,610 37,368 37,753 -2.0 -1.0 2.0 29,948 40,126 38,946 30,990 257,140 262,813 -2.2

 Consumer nondurable goods................ 158,303 157,199 157,049 0.7 0.1 -0.6 157,286 160,161 162,685 143,480 1,087,977 993,874 9.5

 All manufacturing industries5

................... 466,360 482,153 467,050 -3.3 3.2 -0.3 443,950 511,734 478,615 421,292 3,255,177 3,082,790 5.6

 Construction materials and supplies....... 49,789 49,886 50,055 -0.2 -0.3 0.2 50,372 54,985 54,299 47,736 350,310 332,400 5.4

 Information technology......................... 22,959 22,365 22,461 2.7 -0.4 0.1 20,523 25,307 21,196 19,493 154,476 151,017 2.3

 Computers and related products........... 2,114 1,976 1,952 7.0 1.2 -2.4 1,792 2,837 1,714 1,713 13,413 13,416 0.0

 Motor vehicle and parts......................... 53,417 54,261 54,688 -1.6 -0.8 1.6 43,221 58,276 57,228 43,002 374,270 368,919 1.5

 Capital goods...................................... 79,517 94,754 79,342 -16.1 19.4 -0.9 73,320 105,212 73,783 68,212 558,317 522,692 6.8

 Nondefense capital goods3

.................. 67,819 84,540 69,976 -19.8 20.8 -0.1 63,466 92,934 66,658 62,641 491,902 461,957 6.5

 Excluding aircraft............................. 64,078 63,464 63,523 1.0 -0.1 0.8 59,350 68,934 63,502 55,847 442,785 428,618 3.3

 Defense capital goods4

........................ 11,698 10,214 9,366 14.5 9.1 -6.2 9,854 12,278 7,125 5,571 66,415 60,735 9.4

 Consumer goods.................................. 194,980 194,589 194,779 0.2 -0.1 -0.1 187,300 199,953 201,509 174,504 1,345,290 1,256,800 7.0

 Consumer durable goods..................... 36,677 37,390 37,730 -1.9 -0.9 1.8 30,014 39,792 38,824 31,024 257,313 262,926 -2.1

 Consumer nondurable goods.............. 158,303 157,199 157,049 0.7 0.1 -0.6 157,286 160,161 162,685 143,480 1,087,977 993,874 9.5

 All manufacturing industries5

................... 1,131,942 1,135,546 1,121,504 -0.3 1.3 -0.1 1,134,057 1,137,619 1,124,373 1,125,922 (X) (X) 0.7

 Construction materials and supplies....... 52,461 52,249 52,088 0.4 0.3 0.5 53,555 53,360 53,567 51,185 (X) (X) 4.6

 Information technology......................... 119,104 119,170 119,236 -0.1 -0.1 0.1 119,341 119,977 120,476 115,269 (X) (X) 3.5

 Computers and related products........... 1,856 1,815 1,772 2.3 2.4 -0.1 1,856 1,815 1,772 1,674 (X) (X) 10.9

 Motor vehicle and parts......................... 23,985 23,870 23,737 0.5 0.6 0.6 23,477 23,628 24,043 22,325 (X) (X) 5.2

 Capital goods...................................... 846,846 850,320 836,733 -0.4 1.6 -0.2 848,526 851,320 836,739 842,409 (X) (X) 0.7

 Nondefense capital goods3

.................. 704,573 709,488 696,123 -0.7 1.9 -0.1 705,470 709,056 695,912 703,513 (X) (X) 0.3

 Excluding aircraft............................. 226,262 226,254 226,088 0.0 0.1 0.3 227,252 227,685 228,983 220,380 (X) (X) 3.1

 Defense capital goods4........................ 142,273 140,832 140,610 1.0 0.2 -0.6 143,056 142,264 140,827 138,896 (X) (X) 3.0

 Consumer goods.................................. 5,341 5,274 5,252 1.3 0.4 -0.4 5,177 5,111 5,445 4,889 (X) (X) 5.9

 Consumer durable goods..................... 5,341 5,274 5,252 1.3 0.4 -0.4 5,177 5,111 5,445 4,889 (X) (X) 5.9

 All manufacturing industries................... 651,560 650,138 648,044 0.2 0.3 -0.2 655,848 646,701 653,636 640,133 (X) (X) 2.5

 Construction materials and supplies....... 67,150 66,748 66,251 0.6 0.8 0.5 67,539 66,736 67,109 64,496 (X) (X) 4.7

 Information technology......................... 38,364 38,333 38,164 0.1 0.4 0.0 38,838 38,099 38,726 38,112 (X) (X) 1.9

 Computers and related products........... 4,309 4,349 4,355 -0.9 -0.1 -0.9 4,434 4,313 4,476 4,222 (X) (X) 5.0

 Motor vehicle and parts......................... 34,768 34,361 34,456 1.2 -0.3 0.7 35,199 33,410 34,372 35,622 (X) (X) -1.2

 Capital goods...................................... 200,523 200,289 199,083 0.1 0.6 -0.1 201,574 199,417 201,629 198,508 (X) (X) 1.5

 Nondefense capital goods3

.................. 177,457 177,865 176,623 -0.2 0.7 -0.1 178,460 176,934 179,071 176,684 (X) (X) 1.0

 Excluding aircraft............................. 123,117 123,069 121,845 0.0 1.0 0.1 124,296 122,476 123,100 120,227 (X) (X) 3.4

 Defense capital goods4........................ 23,066 22,424 22,460 2.9 -0.2 0.1 23,114 22,483 22,558 21,824 (X) (X) 5.9

 Consumer goods.................................. 192,745 192,681 192,466 0.0 0.1 -0.9 194,171 191,523 193,193 189,158 (X) (X) 2.7

 Consumer durable goods..................... 29,573 29,467 29,212 0.4 0.9 0.1 29,877 28,670 28,914 29,423 (X) (X) 1.5

 Consumer nondurable goods................ 163,172 163,214 163,254 0.0 0.0 -1.1 164,294 162,853 164,279 159,735 (X) (X) 2.9

NEW ORDERS 

UNFILLED ORDERS 

TOTAL INVENTORIES 

X

 Not Applicable 

p

 Preliminary 

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

1

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

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

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

3

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

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

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

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

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

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, July Full Report, September 5, 2017. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>. 
Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group1 

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry July

July June May June - May - Apr. - July June May July 2017/

2017p 2017r 2017 July June May 2017p 2017r 2017 2016 2016

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 222,396 222,279 221,854 0.1 0.2 0.0 223,456 221,097 222,702 219,079 2.0

 Durable goods industries.......................... 135,021 134,836 133,794 0.1 0.8 0.3 135,750 133,668 133,616 132,736 2.3

 Wood products................................... 4,904 4,889 4,835 0.3 1.1 0.4 4,811 4,655 4,527 4,438 8.4

 Nonmetallic mineral products................. 5,448 5,462 5,458 -0.3 0.1 0.8 5,471 5,492 5,497 5,282 3.6

 Primary metals.................................... 12,651 12,620 12,540 0.2 0.6 1.3 12,670 12,453 12,279 11,596 9.3

 Fabricated metal products........................ 18,247 18,113 17,959 0.7 0.9 1.0 18,392 18,070 17,895 17,801 3.3

 Machinery.......................................... 23,954 23,955 23,455 0.0 2.1 0.0 24,414 23,983 23,634 24,458 -0.2

 Computers and electronic products........ 17,953 18,144 18,139 -1.1 0.0 0.6 18,109 18,120 18,352 17,846 1.5

 Electrical equipment, appliances,

 and components............................... 6,942 7,103 6,996 -2.3 1.5 0.3 7,020 7,096 7,049 7,036 -0.2

 Transportation equipment..................... 33,420 33,061 32,952 1.1 0.3 -0.6 33,222 32,272 32,903 32,760 1.4

 Furniture and related products............... 3,751 3,741 3,672 0.3 1.9 -0.1 3,792 3,766 3,674 3,679 3.1

 Miscellaneous products......................... 7,751 7,748 7,788 0.0 -0.5 0.4 7,849 7,761 7,806 7,840 0.1

 Nondurable goods industries...................... 87,375 87,443 88,060 -0.1 -0.7 -0.5 87,706 87,429 89,086 86,343 1.6

 Food products.................................... 19,465 19,488 19,755 -0.1 -1.4 0.5 19,258 19,203 19,443 19,125 0.7

 Beverage and tobacco products................... 5,785 5,798 5,811 -0.2 -0.2 0.7 5,565 5,648 5,781 5,793 -3.9

 Textiles.............................................. 1,125 1,130 1,127 -0.4 0.3 -0.4 1,131 1,139 1,133 1,135 -0.4

 Textile products................................... 1,264 1,255 1,266 0.7 -0.9 1.5 1,265 1,262 1,269 1,279 -1.1

 Apparel............................................. 525 520 572 1.0 -9.1 -1.7 535 521 569 616 -13.1

 Leather and allied products.................... 223 221 232 0.9 -4.7 2.7 229 220 234 247 -7.3

 Paper products.................................... 7,726 7,672 7,645 0.7 0.4 0.0 7,730 7,565 7,582 7,766 -0.5

 Printing ............................................. 2,597 2,600 2,617 -0.1 -0.6 -0.2 2,625 2,603 2,604 2,689 -2.4

 Petroleum and coal products................. 9,562 9,666 9,913 -1.1 -2.5 -6.4 9,994 10,102 10,809 10,060 -0.7

 Chemical products................................ 28,821 28,864 28,884 -0.1 -0.1 0.3 29,059 28,939 29,394 27,351 6.2

 Plastics and rubber products.................. 10,282 10,229 10,238 0.5 -0.1 -0.1 10,315 10,227 10,268 10,282 0.3

WORK IN PROCESS

 All manufacturing industries....................... 201,371 200,453 199,873 0.5 0.3 -0.1 202,713 199,658 202,148 196,650 3.1

 Durable goods industries.......................... 149,903 149,873 150,327 0.0 -0.3 0.0 151,095 149,412 152,305 150,198 0.6

 Wood products................................... 1,914 1,900 1,973 0.7 -3.7 -2.9 1,893 1,895 1,986 1,904 -0.6

 Nonmetallic mineral products................. 1,481 1,461 1,455 1.4 0.4 -0.7 1,494 1,488 1,505 1,457 2.5

 Primary metals.................................... 9,410 9,415 9,462 -0.1 -0.5 -0.4 9,579 9,468 9,518 9,037 6.0

 Fabricated metal products........................ 13,206 13,142 13,055 0.5 0.7 0.5 13,344 13,099 13,115 12,736 4.8

 Machinery.......................................... 20,944 21,009 21,078 -0.3 -0.3 0.1 21,068 20,769 21,369 20,101 4.8

 Computers and electronic products........ 13,948 13,938 13,977 0.1 -0.3 0.1 14,277 14,035 14,429 13,896 2.7

 Electrical equipment, appliances,

 and components............................... 3,942 3,908 3,865 0.9 1.1 -0.5 3,991 3,954 3,945 3,881 2.8

 Transportation equipment..................... 80,356 80,464 80,846 -0.1 -0.5 -0.1 80,687 80,078 81,803 82,682 -2.4

 Furniture and related products............... 1,160 1,158 1,161 0.2 -0.3 6.9 1,172 1,166 1,162 1,099 6.6

 Miscellaneous products......................... 3,542 3,478 3,455 1.8 0.7 0.6 3,590 3,460 3,473 3,405 5.4

 Nondurable goods industries...................... 51,468 50,580 49,546 1.8 2.1 -0.2 51,618 50,246 49,843 46,452 11.1

 Food products.................................... 6,216 6,094 6,064 2.0 0.5 -1.4 5,809 5,556 5,585 5,558 4.5

 Beverage and tobacco products................... 8,983 8,972 8,903 0.1 0.8 1.0 8,252 8,385 8,656 7,756 6.4

 Textiles.............................................. 676 663 655 2.0 1.2 -1.5 689 665 663 665 3.6

 Textile products................................... 407 411 400 -1.0 2.8 -0.5 408 408 400 423 -3.5

 Apparel............................................. 314 321 316 -2.2 1.6 -1.6 335 340 318 367 -8.7

 Leather and allied products.................... 84 84 88 0.0 -4.5 -1.1 84 83 89 93 -9.7

 Paper products.................................... 1,243 1,241 1,242 0.2 -0.1 -0.9 1,255 1,248 1,246 1,278 -1.8

 Printing ............................................. 1,019 1,021 1,025 -0.2 -0.4 -1.3 1,045 988 980 1,205 -13.3

 Petroleum and coal products................. 11,366 11,076 10,716 2.6 3.4 -3.3 12,073 11,518 11,348 9,208 31.1

 Chemical products................................ 18,009 17,538 17,003 2.7 3.1 1.7 18,514 17,883 17,377 16,876 9.7

 Plastics and rubber products.................. 3,151 3,159 3,134 -0.3 0.8 0.8 3,154 3,172 3,181 3,023 4.3

FINISHED GOODS

 All manufacturing industries....................... 227,793 227,406 226,317 0.2 0.5 -0.4 229,679 225,946 228,786 224,404 2.4

 Durable goods industries.......................... 113,806 112,770 111,423 0.9 1.2 0.3 114,546 111,557 113,045 109,457 4.6

 Wood products................................... 5,003 4,951 4,891 1.1 1.2 2.0 4,962 4,939 5,077 4,531 9.5

 Nonmetallic mineral products................. 6,416 6,314 6,264 1.6 0.8 0.3 6,462 6,402 6,482 6,265 3.1

 Primary metals.................................... 11,067 11,037 11,003 0.3 0.3 0.7 11,186 10,926 11,132 10,482 6.7

 Fabricated metal products........................ 18,270 18,085 17,808 1.0 1.6 0.8 18,452 18,120 18,176 17,710 4.2

 Machinery.......................................... 23,539 23,442 23,024 0.4 1.8 0.4 23,441 23,156 23,328 21,295 10.1

 Computers and electronic products........ 12,657 12,410 12,178 2.0 1.9 0.1 12,779 12,100 12,217 12,377 3.2

 Electrical equipment, appliances,

 and components............................... 6,760 6,627 6,573 2.0 0.8 0.7 6,938 6,682 6,729 6,519 6.4

 Transportation equipment..................... 15,803 15,522 15,438 1.8 0.5 -0.1 15,927 14,893 15,725 16,249 -2.0

 Furniture and related products............... 2,800 2,806 2,812 -0.2 -0.2 -0.1 2,954 2,968 2,858 2,783 6.1

 Miscellaneous products......................... 11,491 11,576 11,432 -0.7 1.3 -0.8 11,445 11,371 11,321 11,246 1.8

 Nondurable goods industries...................... 113,987 114,636 114,894 -0.6 -0.2 -1.1 115,133 114,389 115,741 114,947 0.2

 Food products.................................... 29,950 30,407 29,879 -1.5 1.8 0.5 30,113 29,762 29,241 29,617 1.7

 Beverage and tobacco products................... 8,734 8,810 8,754 -0.9 0.6 -1.1 8,857 8,844 8,851 8,835 0.2

 Textiles.............................................. 1,448 1,439 1,415 0.6 1.7 -0.8 1,456 1,449 1,435 1,391 4.7

 Textile products................................... 1,741 1,741 1,745 0.0 -0.2 -0.3 1,732 1,741 1,753 1,599 8.3

 Apparel............................................. 1,148 1,175 1,180 -2.3 -0.4 -1.7 1,238 1,187 1,163 1,371 -9.7

 Leather and allied products.................... 495 495 479 0.0 3.3 -1.0 509 511 491 481 5.8

 Paper products.................................... 6,674 6,668 6,657 0.1 0.2 -0.2 6,745 6,636 6,684 6,653 1.4

 Printing ............................................. 1,789 1,785 1,759 0.2 1.5 0.3 1,753 1,796 1,770 1,624 7.9

 Petroleum and coal products................. 13,576 13,498 13,899 0.6 -2.9 -5.8 14,250 13,987 14,393 12,949 10.0

 Chemical products................................ 36,415 36,731 37,300 -0.9 -1.5 -1.1 36,492 36,607 37,762 38,755 -5.8

 Plastics and rubber products.................. 12,017 11,887 11,827 1.1 0.5 -0.5 11,988 11,869 12,198 11,672 2.7

p

 Preliminary 

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

1

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

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

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, July Full Report, September 5, 2017. Information on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group 1

[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Jul Jun May Apr Jul Jun May Apr

2017p 2017r 2017 2017 2017p 2017r 2017 2017

All manufacturing industries3

............................ 1.37 1.38 1.37 1.38 (X) (X) (X) (X)

Durable goods industries3

.................................. 1.68 1.68 1.67 1.69 6.75 6.82 6.74 6.83

 Wood products.............................................. 1.31 1.30 1.29 1.26 (X) (X) (X) (X)

 Nonmetallic mineral products......................... 1.26 1.25 1.24 1.24 (X) (X) (X) (X)

 Primary metals.............................................. 1.71 1.72 1.70 1.71 1.56 1.56 1.54 1.56

 Fabricated metal products.............................. 1.56 1.55 1.53 1.55 2.53 2.51 2.50 2.54

 Machinery..................................................... 2.20 2.20 2.19 2.19 3.60 3.60 3.59 3.57

 Computers and electronic products3

................ 1.66 1.67 1.68 1.68 5.70 5.81 5.80 5.77

 Electrical equipment, appliances,

 and components........................................ 1.75 1.74 1.73 1.73 2.44 2.42 2.51 2.49

 Transportation equipment.............................. 1.64 1.64 1.63 1.67 14.58 14.90 14.62 14.98

 Furniture and related products........................ 1.19 1.20 1.18 1.18 1.72 1.71 1.70 1.74

 Miscellaneous products.................................. 1.82 1.83 1.84 1.85 (X) (X) (X) (X)

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

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

 Beverage and tobacco products...................... 1.78 1.76 1.75 1.75 (X) (X) (X) (X)

 Textiles........................................................ 1.24 1.24 1.21 1.24 (X) (X) (X) (X)

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

 Apparel......................................................... 1.90 1.91 1.93 2.03 (X) (X) (X) (X)

 Leather and allied products............................. 2.07 2.09 2.08 2.08 (X) (X) (X) (X)

 Paper products.............................................. 0.99 0.98 0.98 1.00 (X) (X) (X) (X)

 Printing......................................................... 0.86 0.86 0.86 0.86 (X) (X) (X) (X)

 Petroleum and coal products........................... 0.84 0.85 0.84 0.86 (X) (X) (X) (X)

 Chemical products......................................... 1.28 1.28 1.29 1.28 (X) (X) (X) (X)

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

Jul3 Jul3 Jul3 Jul3

Industry 2016- 2016- 2016- 2016-

Jul2 Jun Jul2 Jun Jul2 Jun Jul2 Jun

2017 2017 2017 2017 2017 2017 2017 2017

 

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

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

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

 Nonmetallic mineral products.............. (X) 0.2 (X) (NA) (X) (NA) (X) 0.1

 Primary metals.................................... -0.2 0.3 0.2 0.7 0.4 0.4 0.0 0.3

 Fabricated metal products.................... -0.6 0.3 -0.5 1.1 0.1 0.3 0.1 0.2

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

 Computers and electronic products..... 0.4 0.4 0.5 0.6 0.0 0.1 0.0 0.1

 Electrical equipment, appliances,

 and components............................. -0.5 0.4 0.0 0.6 0.3 0.3 0.0 0.2

 Transportation equipment.................... -0.3 0.2 -0.2 1.1 0.0 0.1 -0.1 0.1

 Furniture and related products............. (X) 0.2 (X) 0.8 (X) 0.3 (X) 0.2

 Miscellaneous products...................... (X) 0.5 (X) 0.5 (X) 0.3 (X) 0.1

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

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

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

 Textiles............................................. (X) 0.4 (X) (NA) (X) (NA) (X) 0.2

 Textile products.................................. (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

 Apparel.............................................. (X) 1.1 (X) (NA) (X) (NA) (X) 0.6

 Leather and allied products.................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

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

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

 Petroleum and coal products................. (X) 0.7 (X) (NA) (X) (NA) (X) 1.8

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

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

X

 Not Applicable 

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

2

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

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

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

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

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing. 

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, July Full Report, September 5, 2017.

Information on data sources and methodology can be found on our website at 

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

X Not Applicable 

NA Not Available 

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total 

inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data

for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day 

differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model 

parameters. Estimates are not adjusted for price changes. 

2

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

publication. 

3

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

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

The advance to final percent change revisions for the durable goods industries are shown in the advance report for the month. 

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

component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the 

survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey 

design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, July Full Report, September 5, 

2017. Information on data sources and methodology can be found on our website at 

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

Table 8. Revisions to Previously Published Monthly Percent Changes 1

[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.] 

Shipments New Orders Unfilled Orders Inventories