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FOR RELEASE AT 10:00 AM EST, THURSDAY, JANUARY 6, 2022

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

NOVEMBER 2021

Release Number: CB 22-04 M3-2 (21)-11

Statement Regarding COVID-19 Impact: The Census Bureau continues to monitor response and data quality 

and has determined that estimates in this release meet publication standards. For more information, see < M3 

COVID-19 FAQs>.

January 6, 2022 — The U.S. Census Bureau announces the November full report on manufacturers’ 

shipments, inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

NOVEMBER 2021 $531.8 billion +1.6%°

OCTOBER 2021

(revised) $523.4 billion +1.2%°

Next release: February 3, 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, January 6, 2022.

Summary

New orders for manufactured goods in November, up eighteen of the last nineteen months, increased

$8.4 billion or 1.6 percent to $531.8 billion, the U.S. Census Bureau reported today. This followed a 1.2

percent October increase. Shipments, also up eighteen of the last nineteen months, increased $3.5 billion 

or 0.7 percent to $527.0 billion. This followed a 2.0 percent October increase. Unfilled orders, up ten

consecutive months, increased $9.1 billion or 0.7 percent to $1,260.1 billion. This followed a 0.3 percent 

October increase. The unfilled orders-to-shipments ratio was 6.78, up from 6.77 in October. Inventories,

up seventeen of the last eighteen months, increased $5.3 billion or 0.7 percent to $770.0 billion. This 

followed a 0.9 percent October increase. The inventories-to-shipments ratio was 1.46, unchanged from 

October.

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21

MANUFACTURERS' NEW ORDERS 2020-2021

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, January 6, 2022.
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New Orders

New orders for manufactured durable goods in November, up six of the last seven months, increased $6.7

billion or 2.6 percent to $268.4 billion, up from the previously published 2.5 percent increase. This 

followed a 0.1 percent October increase. Transportation equipment, up following two consecutive 

monthly decreases, led the increase, $5.0 billion or 6.5 percent to $82.1 billion. New orders for 

manufactured nondurable goods increased $1.7 billion or 0.7 percent to $263.4 billion.

Shipments

Shipments of manufactured durable goods in November, up six of the last seven months, increased $1.8

billion or 0.7 percent to $263.6 billion, unchanged from the previously published increase. This followed a

1.7 percent October increase. Transportation equipment, up two consecutive months, led the increase, 

$0.7 billion or 0.9 percent to $76.3 billion. Shipments of manufactured nondurable goods, up eighteen of 

the last nineteen months, increased $1.7 billion or 0.7 percent to $263.4 billion. This followed a 2.3

percent October increase. Petroleum and coal products, up seventeen of the last eighteen months, led the 

increase, $0.7 billion or 1.2 percent to $58.0 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in November, up ten consecutive months, increased $9.1

billion or 0.7 percent to $1,260.1 billion, unchanged from the previously published increase. This followed 

a 0.3 percent October increase. Transportation equipment, up nine of the last ten months, led the 

increase, $5.8 billion or 0.7 percent to $831.3 billion.

Inventories

Inventories of manufactured durable goods in November, up ten consecutive months, increased $3.1

billion or 0.7 percent to $469.9 billion, up from the previously published 0.6 percent increase. This 

followed a 0.7 percent October increase. Machinery, up thirteen consecutive months, led the increase, 

$0.9 billion or 1.2 percent to $77.4 billion. Inventories of manufactured nondurable goods, up fifteen of 

the last sixteen months, increased $2.2 billion or 0.7 percent to $300.2 billion. This followed a 1.2 percent

October increase. Chemical products, up eleven of the last twelve months, led the increase, $1.1 billion or 

1.1 percent to $102.2 billion. By stage of fabrication, November materials and supplies increased 1.3

percent in durable goods and 0.9 percent in nondurable goods. Work in process increased 0.4 percent in

durable goods and 0.5 percent in nondurable goods. Finished goods increased 0.2 percent in durable

goods and 0.7 percent in nondurable goods.
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The Advance Report on durable goods for December is scheduled for release on January 27, 2022 at 8:30

a.m. EST and the Full Report on February 3, 2022 at 10:00 a.m. EST. 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>.

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 
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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>.

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”. 

2022 Release Dates for the M3 Survey

Survey month Advance Report 

(8:30 a.m. release time)

Full Report 

(10:00 a.m. release time)

Nov-21 Thu 12/23/2021 Thu 1/6/2022

Dec-21 Thu 1/27/2022 Thu 2/3/2022

Jan-22 Fri 2/25/2022 Thu 3/3/2022

Feb-22 Thu 3/24/2022 Mon 4/4/2022

Mar-22 Tue 4/26/2022 Tue 5/3/2022

Apr-22 Wed 5/25/2022 Thu 6/2/2022

May-22 Mon 6/27/2022 Tue 7/5/2022

Jun-22 Wed 7/27/2022 Wed 8/3/2022

Jul-22 Wed 8/24/2022 Fri 9/2/2022

Aug-22 Tue 9/27/2022 Tue 10/4/2022

Sep-22 Thu 10/27/2022 Thu 11/3/2022

Oct-22 Wed 11/23/2022 Mon 12/5/2022

Nov-22 Fri 12/23/2022 Not available at this time

OMB: Schedule of Release Dates 2022 (whitehouse.gov)
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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

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2021/

2021p 2021r 2021 Nov. Oct. Sep. 2021p 2021r 2021 2020 2021p 2020 2020

 All manufacturing industries.................. 526,965 523,458 513,205 0.7 2.0 1.0 515,772 529,691 530,156 449,725 5,513,006 4,884,723 12.9

 Excluding transportation................... 450,652 447,848 440,238 0.6 1.7 1.2 439,841 452,526 451,978 378,257 4,703,088 4,151,191 13.3

 Excluding defense.............................. 512,357 508,901 499,081 0.7 2.0 1.0 500,587 515,379 514,527 435,293 5,360,134 4,742,446 13.0

 With unfilled orders............................ 185,757 184,877 182,747 0.5 1.2 1.0 179,579 185,019 193,408 154,734 1,945,252 1,718,816 13.2

 Durable goods industries......................... 263,554 261,753 257,492 0.7 1.7 0.6 256,021 264,974 272,020 229,015 2,781,488 2,465,101 12.8

 Wood products....................................... 11,657 11,465 11,349 1.7 1.0 0.1 10,871 11,939 11,838 9,265 126,302 101,435 24.5

 Nonmetallic mineral products.................... 12,162 11,896 11,777 2.2 1.0 0.7 11,826 12,669 12,603 10,828 129,976 122,492 6.1

 Primary metals....................................... 24,662 24,692 24,060 -0.1 2.6 0.7 23,134 24,466 24,450 17,693 252,443 201,275 25.4

 Iron and steel mills............................ 12,545 12,483 12,310 0.5 1.4 1.9 11,633 12,225 12,438 8,400 126,437 96,983 30.4

 Aluminum and nonferrous metals.......... 10,714 10,809 10,399 -0.9 3.9 -0.5 10,210 10,870 10,596 8,234 111,525 90,705 23.0

 Ferrous metal foundries....................... 1,403 1,400 1,351 0.2 3.6 -0.7 1,291 1,371 1,416 1,059 14,481 13,587 6.6

 Fabricated metal products....................... 36,399 36,177 35,634 0.6 1.5 1.6 34,978 37,104 36,975 29,017 378,021 327,156 15.5

 Machinery............................................. 37,138 37,079 37,189 0.2 -0.3 1.5 34,590 36,811 38,185 29,741 390,425 341,215 14.4

 Farm machinery................................. 2,447 2,615 2,965 -6.4 -11.8 14.9 1,962 2,486 2,757 2,304 29,556 27,994 5.6

 Construction machinery..................... 3,297 3,189 3,294 3.4 -3.2 -2.8 3,029 3,217 3,272 2,678 35,207 29,226 20.5

 Mining, oil field, and 

 gas field machinery.......................... 1,388 1,386 1,376 0.1 0.7 3.0 1,398 1,382 1,435 1,225 14,529 14,397 0.9

 Industrial machinery.......................... 5,677 5,624 5,466 0.9 2.9 7.5 5,198 5,699 6,311 2,759 50,647 32,845 54.2

 Photographic equipment...................... 547 508 531 7.7 -4.3 2.9 545 452 610 466 5,652 5,406 4.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,384 4,324 4,205 1.4 2.8 0.7 3,867 4,120 4,434 3,387 45,890 41,633 10.2

 Metalworking machinery..................... 2,757 2,755 2,733 0.1 0.8 -3.1 2,732 2,819 2,878 2,482 30,105 27,079 11.2

 Turbines, generators, and other

 power transmission equipment....... 3,812 3,850 4,000 -1.0 -3.8 -0.6 3,834 3,991 3,863 3,631 43,022 38,947 10.5

 Material handling equipment............... 3,059 2,999 2,949 2.0 1.7 0.2 2,947 3,029 2,991 2,504 31,739 28,396 11.8

 Computers and electronic products2

.......... 29,078 29,001 29,178 0.3 -0.6 0.6 29,315 28,903 32,586 28,809 313,823 297,019 5.7

 Computers........................................ 707 707 697 0.0 1.4 -4.3 699 704 784 750 7,840 7,735 1.4

 Computer storage devices..................... 690 696 721 -0.9 -3.5 0.1 700 672 696 626 7,437 5,770 28.9

 Other peripheral equipment................ 497 532 543 -6.6 -2.0 2.6 474 503 655 536 5,773 5,592 3.2

 Nondefense communications

 equipment.................................... 3,292 3,258 3,236 1.0 0.7 -0.1 3,103 2,832 4,076 3,052 34,236 31,954 7.1

 Defense communications equipment.... 233 239 235 -2.5 1.7 1.7 255 245 273 257 2,543 2,459 3.4

 Audio and video equipment.................... 269 241 242 11.6 -0.4 10.0 382 321 240 319 2,480 2,452 1.1

 Electronic components......................... 4,905 4,843 4,775 1.3 1.4 3.3 4,742 4,685 5,006 4,326 50,797 47,658 6.6

 Nondefense search and navigation

 equipment...................................... 1,524 1,537 1,526 -0.8 0.7 -0.1 1,529 1,462 1,708 1,502 16,590 16,169 2.6

 Defense search and navigation

 equipment..................................... 3,026 3,021 3,018 0.2 0.1 -0.8 3,199 2,967 3,298 3,232 32,972 32,260 2.2

 Electromedical, measuring,

 and control instruments................. 9,524 9,451 9,557 0.8 -1.1 -0.2 9,344 9,268 10,750 9,184 102,973 97,374 5.7

 Electrical equipment, appliances, 

 and components................................... 12,932 12,876 12,630 0.4 1.9 0.7 12,569 12,949 13,678 10,696 136,662 119,521 14.3

 Electric lighting equipment..................... 1,153 1,146 1,162 0.6 -1.4 1.8 1,142 1,179 1,215 1,103 12,641 12,391 2.0

 Household appliances........................ 2,719 2,670 2,677 1.8 -0.3 2.1 2,749 2,604 2,994 2,293 28,617 23,139 23.7

 Electrical equipment............................ 3,374 3,407 3,326 -1.0 2.4 0.8 3,157 3,247 3,709 2,754 36,319 35,453 2.4

 Batteries........................................... 894 915 865 -2.3 5.8 -5.2 996 1,036 952 835 9,813 8,548 14.8

 Transportation equipment........................ 76,313 75,610 72,967 0.9 3.6 -0.4 75,931 77,165 78,178 71,468 809,918 733,532 10.4

 Automobiles..................................... 5,528 5,430 4,795 1.8 13.2 -12.1 5,573 5,728 5,019 7,086 61,004 70,055 -12.9

 Light trucks and utility vehicles.............. 17,848 17,514 16,108 1.9 8.7 -2.1 18,118 18,609 17,519 18,214 190,499 157,329 21.1

 Heavy duty trucks ............................. 2,924 2,869 2,813 1.9 2.0 5.1 2,909 2,921 2,986 2,621 30,495 26,090 16.9

 Motor vehicle bodies, parts, 

 and trailers.................................... 27,525 27,102 26,594 1.6 1.9 0.0 26,843 28,058 27,064 24,852 291,462 267,635 8.9

 Nondefense aircraft and parts................ 7,989 8,156 8,556 -2.0 -4.7 7.7 7,751 7,452 10,263 4,899 84,100 71,833 17.1

 Defense aircraft and parts.................. 4,737 4,672 4,395 1.4 6.3 -3.0 4,850 4,626 5,010 4,945 49,360 50,625 -2.5

 Ships and boats................................. 3,117 3,210 3,286 -2.9 -2.3 -0.3 3,227 3,189 3,318 2,950 34,605 30,174 14.7

 Furniture and related products.................. 5,994 6,112 6,062 -1.9 0.8 1.2 5,885 6,236 6,101 5,840 65,822 65,484 0.5

 Miscellaneous durable goods................. 17,219 16,845 16,646 2.2 1.2 1.0 16,922 16,732 17,426 15,658 178,096 155,972 14.2

 Nondurable goods industries..................... 263,411 261,705 255,713 0.7 2.3 1.3 259,751 264,717 258,136 220,710 2,731,518 2,419,622 12.9

 Food products....................................... 70,675 70,583 70,517 0.1 0.1 0.4 72,744 73,135 72,094 68,774 766,856 734,030 4.5

 Grain and oilseed milling....................... 7,842 7,927 7,922 -1.1 0.1 1.1 8,172 8,083 7,802 7,328 85,048 77,210 10.2

 Dairy products.................................. 10,759 10,747 10,773 0.1 -0.2 -0.4 11,179 11,004 10,824 11,034 118,621 114,852 3.3

 Meat, poultry, and seafood products... 20,075 20,069 20,112 0.0 -0.2 1.2 20,163 20,205 20,265 18,172 215,611 203,556 5.9

 Beverage and tobacco products................ 14,088 14,008 14,203 0.6 -1.4 1.7 13,986 14,011 14,600 12,240 149,036 138,852 7.3

 Beverages......................................... 10,043 10,191 9,782 -1.5 4.2 0.9 9,941 10,194 10,179 8,963 106,347 98,896 7.5

 Tobacco............................................ 4,045 3,817 4,421 6.0 -13.7 3.6 4,045 3,817 4,421 3,277 42,689 39,956 6.8

 Textile mills........................................... 2,334 2,316 2,280 0.8 1.6 0.6 2,238 2,375 2,320 2,061 25,326 23,034 10.0

 Textile products................................... 1,873 1,867 1,876 0.3 -0.5 -0.1 1,810 1,924 1,868 1,733 20,660 19,310 7.0

 Apparel................................................ 878 872 867 0.7 0.6 1.3 989 974 912 918 9,457 8,917 6.1

 Leather and allied products...................... 426 430 453 -0.9 -5.1 1.1 398 437 448 378 4,768 3,931 21.3

 Paper products...................................... 17,506 17,445 17,402 0.3 0.2 0.4 17,067 17,836 17,790 15,785 189,512 176,584 7.3

 Pulp, paper, and paperboard mills....... 6,623 6,617 6,591 0.1 0.4 0.8 6,469 6,723 6,811 6,187 71,964 70,017 2.8

 Paperboard containers........................ 5,987 5,937 5,954 0.8 -0.3 -0.2 5,813 6,110 6,143 5,428 65,409 61,990 5.5

 Printing................................................. 6,798 6,838 6,621 -0.6 3.3 -1.0 6,991 7,252 6,928 6,547 73,496 71,071 3.4

 Petroleum and coal products.................. 58,022 57,336 53,129 1.2 7.9 3.7 55,267 57,619 51,930 34,544 543,023 372,303 45.9

 Petroleum refineries.......................... 53,568 53,000 48,972 1.1 8.2 4.0 51,066 53,026 47,382 30,829 496,715 328,928 51.0

 Chemical products..................................... 68,319 67,882 66,697 0.6 1.8 1.1 66,690 66,515 67,059 58,627 714,009 650,329 9.8

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,055 3,153 2,852 -3.1 10.6 4.6 2,667 2,523 2,504 2,265 30,670 27,888 10.0

 Pharmaceuticals and medicines............. 22,024 21,903 21,777 0.6 0.6 2.2 22,252 21,848 22,658 19,779 229,549 211,395 8.6

 Paints, coatings, and adhesives.......... 4,176 4,044 3,975 3.3 1.7 0.6 3,719 3,963 4,014 3,299 43,387 38,689 12.1

 Plastics and rubber products.................. 22,492 22,128 21,668 1.6 2.1 1.0 21,571 22,639 22,187 19,103 235,375 221,261 6.4

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, November Full Report, January 6, 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

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2021/

2021p 2021r 2021 Nov. Oct. Sep. 2021p 2021r 2021 2020 2021p 2020 2020

All manufacturing industries2

........................ 531,836 523,433 517,066 1.6 1.2 0.5 517,146 524,174 529,459 442,939 5,535,033 4,727,860 17.1

 Excluding transportation2...................... 449,748 446,391 439,795 0.8 1.5 1.1 436,697 448,671 449,563 375,586 4,706,374 4,114,802 14.4

 Excluding defense2.............................. 516,245 509,467 500,235 1.3 1.8 -0.2 503,930 512,170 510,897 429,995 5,389,464 4,587,935 17.5

 With unfilled orders2............................. 194,898 189,188 191,094 3.0 -1.0 -0.3 185,696 184,585 197,657 152,825 2,015,887 1,608,015 25.4

 Durable goods industries2......................... 268,425 261,728 261,353 2.6 0.1 -0.4 257,395 259,457 271,323 222,229 2,803,515 2,308,238 21.5

 Primary metals........................................ 24,486 24,438 24,207 0.2 1.0 1.0 23,159 24,170 24,075 18,917 257,440 202,948 26.9

 Iron and steel mills.............................. 12,385 12,372 12,217 0.1 1.3 1.3 11,685 11,959 12,053 9,061 128,444 98,100 30.9

 Aluminum and nonferrous metals.......... 10,642 10,665 10,432 -0.2 2.2 -0.4 10,074 10,909 10,495 8,570 113,294 91,096 24.4

 Ferrous metal foundries....................... 1,459 1,401 1,558 4.1 -10.1 8.2 1,400 1,302 1,527 1,286 15,702 13,752 14.2

 Fabricated metal products........................ 36,778 36,511 36,735 0.7 -0.6 0.4 34,151 36,319 37,186 29,473 395,904 329,065 20.3

 Machinery............................................. 38,239 38,569 38,757 -0.9 -0.5 1.5 35,638 38,061 39,342 30,042 406,733 343,847 18.3

 Construction machinery........................ 3,387 3,410 3,713 -0.7 -8.2 0.9 3,208 3,343 3,823 3,002 38,532 29,412 31.0

 Mining, oil field, and

 gas field machinery.......................... 1,350 1,466 1,407 -7.9 4.2 -2.6 1,360 1,462 1,466 1,247 14,916 14,240 4.7

 Industrial machinery............................ 5,831 5,968 5,645 -2.3 5.7 8.7 5,251 6,277 6,256 2,687 52,460 32,361 62.1

 Photographic equipment....................... 510 461 591 10.6 -22.0 7.7 474 468 773 25 5,652 4,745 19.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,657 4,474 4,391 4.1 1.9 -2.1 4,052 4,160 4,532 3,380 48,289 42,363 14.0

 Metalworking machinery....................... 2,923 2,896 2,926 0.9 -1.0 -0.2 2,945 2,990 3,088 2,495 31,374 27,966 12.2

 Turbines, generators, and other 

 power transmission equipment........... 3,959 4,106 4,034 -3.6 1.8 0.3 3,981 4,247 3,897 3,567 44,434 38,742 14.7

 Material handling equipment.................. 3,275 3,182 3,162 2.9 0.6 -1.4 3,099 3,027 3,160 2,632 33,162 28,396 16.8

 Computers and electronic products2

........... 26,476 25,449 25,211 4.0 0.9 -0.2 25,598 24,498 28,625 23,761 270,127 251,939 7.2

 Computers........................................ 672 672 677 0.0 -0.7 -4.9 664 669 764 787 7,705 7,651 0.7

 Nondefense communications

 equipment...................................... 4,302 3,842 3,419 12.0 12.4 -0.5 4,018 3,406 4,151 3,139 37,115 32,563 14.0

 Defense communications equipment....... 212 220 243 -3.6 -9.5 9.5 237 219 297 287 2,342 2,253 4.0

 Electronic components......................... 4,984 4,891 4,867 1.9 0.5 -0.2 4,766 4,824 5,160 4,362 51,913 47,457 9.4

 Nondefense search and navigation

 equipment...................................... 1,661 1,663 1,680 -0.1 -1.0 1.1 1,667 1,718 1,873 1,606 18,272 17,513 4.3

 Defense search and navigation

 equipment...................................... 3,417 2,886 3,062 18.4 -5.7 0.0 3,162 2,569 3,631 2,766 32,039 31,446 1.9

 Electromedical, measuring,

 and control instruments..................... 9,631 9,666 9,615 -0.4 0.5 -0.6 9,383 9,436 11,004 9,185 103,477 97,708 5.9

 Electrical equipment, appliances, 

 and components................................... 13,312 13,454 13,248 -1.1 1.6 1.4 12,838 13,494 13,927 11,000 141,915 121,106 17.2

 Electric lighting equipment..................... 1,206 1,194 1,158 1.0 3.1 0.5 1,198 1,236 1,206 1,106 12,927 12,302 5.1

 Household appliances.......................... 2,701 2,725 2,711 -0.9 0.5 2.1 2,730 2,645 3,143 2,369 29,133 23,949 21.6

 Electrical equipment............................ 3,394 3,451 3,378 -1.7 2.2 -0.9 3,181 3,376 3,434 2,807 36,447 35,593 2.4

 Transportation equipment........................ 82,088 77,042 77,271 6.5 -0.3 -2.8 80,449 75,503 79,896 67,353 828,659 613,058 35.2

 Motor vehicle bodies, parts, 

 and trailers..................................... 27,568 27,464 26,618 0.4 3.2 -1.1 27,377 27,764 27,263 25,518 294,462 267,902 9.9

 Nondefense aircraft and parts3................ 13,307 9,929 10,351 34.0 -4.1 -31.2 13,782 8,185 9,386 1,395 107,621 -46,990 (NA)

 Defense aircraft and parts.................... 5,069 4,923 6,046 3.0 -18.6 101.1 4,232 3,939 6,617 4,261 44,966 45,125 -0.4

 Ships and boats.................................. 3,507 2,882 3,700 21.7 -22.1 -1.9 2,880 2,808 2,331 3,360 33,517 33,533 0.0

 Furniture and related products................... 6,044 6,107 6,165 -1.0 -0.9 -1.1 5,979 6,120 6,418 5,950 68,361 66,474 2.8

 Nondurable goods industries..................... 263,411 261,705 255,713 0.7 2.3 1.3 259,751 264,717 258,136 220,710 2,731,518 2,419,622 12.9

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. 

3

 (NA) - New Orders year-to-date percent change is not provided for Nondefense aircraft and parts because the denominator has a negative value. 

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, November Full Report, January 6, 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 November

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2021/

2021p 2021r 2021 Nov. Oct. Sep. 2021p 2021r 2021 2020 2020

All manufacturing industries2

...................... 1,260,141 1,251,000 1,246,689 0.7 0.3 0.7 1,245,246 1,239,129 1,239,563 1,172,065 6.2

 Excluding transportation2...................... 428,812 425,446 422,567 0.8 0.7 1.0 422,619 421,020 419,792 366,863 15.2

 Excluding defense2............................. 1,044,887 1,036,729 1,031,827 0.8 0.5 0.5 1,035,998 1,027,912 1,026,038 957,911 8.2

 Durable goods industries2

........................ 1,260,141 1,251,000 1,246,689 0.7 0.3 0.7 1,245,246 1,239,129 1,239,563 1,172,065 6.2

 Primary metals........................................ 40,639 40,815 41,069 -0.4 -0.6 0.4 39,704 39,679 39,975 33,509 18.5

 Iron and steel mills............................... 18,661 18,821 18,932 -0.9 -0.6 -0.5 18,257 18,205 18,471 15,553 17.4

 Aluminum and nonferrous metals............. 14,722 14,794 14,938 -0.5 -1.0 0.2 14,301 14,437 14,398 12,106 18.1

 Ferrous metal foundries........................ 7,256 7,200 7,199 0.8 0.0 3.0 7,146 7,037 7,106 5,850 22.2

 Fabricated metal products......................... 104,520 104,141 103,807 0.4 0.3 1.1 102,244 103,071 103,856 83,512 22.4

 Machinery.............................................. 115,043 113,942 112,452 1.0 1.3 1.4 113,744 112,696 111,446 96,375 18.0

 Construction machinery......................... 11,115 11,025 10,804 0.8 2.0 4.0 10,660 10,481 10,355 6,755 57.8

 Mining, oil field, and

 gas field machinery.......................... 4,603 4,641 4,561 -0.8 1.8 0.7 4,603 4,641 4,561 4,007 14.9

 Industrial machinery............................. 10,328 10,174 9,830 1.5 3.5 1.9 10,225 10,172 9,594 8,660 18.1

 Photographic equipment........................ 1,914 1,951 1,998 -1.9 -2.4 3.1 1,934 2,005 1,989 1,976 -2.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 9,520 9,247 9,097 3.0 1.6 2.1 9,222 9,037 8,997 6,734 36.9

 Metalworking machinery........................ 10,629 10,463 10,322 1.6 1.4 1.9 10,651 10,438 10,267 9,067 17.5

 Turbines, generators, and other 

 power transmission equipment............ 22,574 22,427 22,171 0.7 1.2 0.2 22,574 22,427 22,171 21,339 5.8

 Material handling equipment................... 14,441 14,225 14,042 1.5 1.3 1.5 14,170 14,018 14,020 12,433 14.0

 Computers and electronic products2

............. 123,869 122,201 121,417 1.4 0.6 0.4 122,651 121,625 120,947 116,492 5.3

 Computers......................................... 1,410 1,445 1,480 -2.4 -2.4 -1.3 1,410 1,445 1,480 1,503 -6.2

 Nondefense communications

 equipment...................................... 21,105 20,095 19,511 5.0 3.0 0.9 20,847 19,932 19,358 17,853 16.8

 Defense communications equipment........ 329 350 369 -6.0 -5.1 2.2 313 331 357 464 -32.5

 Electronic components.......................... 14,381 14,302 14,254 0.6 0.3 0.6 14,226 14,202 14,063 12,796 11.2

 Nondefense search and navigation

 equipment....................................... 26,389 26,252 26,126 0.5 0.5 0.6 26,542 26,404 26,148 24,959 6.3

 Defense search and navigation

 equipment....................................... 33,510 33,119 33,254 1.2 -0.4 0.1 32,842 32,879 33,277 33,169 -1.0

 Electromedical, measuring,

 and control instruments...................... 26,745 26,638 26,423 0.4 0.8 0.2 26,471 26,432 26,264 25,748 2.8

 Electrical equipment, appliances, 

 and components.................................... 32,364 31,984 31,406 1.2 1.8 2.0 31,857 31,588 31,043 26,234 21.4

 Electric lighting equipment..................... 2,071 2,018 1,970 2.6 2.4 -0.2 2,075 2,019 1,962 1,780 16.6

 Household appliances........................... 2,944 2,962 2,907 -0.6 1.9 1.2 3,013 3,032 2,991 2,294 31.3

 Electrical equipment............................. 12,395 12,375 12,331 0.2 0.4 0.4 12,206 12,182 12,053 12,120 0.7

 Transportation equipment......................... 831,329 825,554 824,122 0.7 0.2 0.5 822,627 818,109 819,771 805,202 2.2

 Motor vehicle bodies, parts, 

 and trailers...................................... 28,508 28,465 28,103 0.2 1.3 0.1 27,847 27,313 27,607 23,815 16.9

 Nondefense aircraft and parts................ 605,031 599,713 597,940 0.9 0.3 0.3 602,281 596,250 595,517 582,669 3.4

 Defense aircraft and parts..................... 81,790 81,458 81,207 0.4 0.3 2.1 79,587 80,205 80,892 82,912 -4.0

 Ships and boats.................................. 49,585 49,195 49,523 0.8 -0.7 0.8 46,633 46,980 47,361 48,142 -3.1

 Furniture and related products................... 11,824 11,774 11,779 0.4 0.0 0.9 11,866 11,772 11,888 10,183 16.5

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

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

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

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, November Full Report, January 6, 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 November

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2021/

2021p 2021r 2021 Nov. Oct. Sep. 2021p 2021r 2021 2020 2020

 All manufacturing industries...................... 770,035 764,728 757,820 0.7 0.9 1.0 770,507 767,376 757,186 705,911 9.2

 Excluding transportation........................ 615,931 610,793 603,486 0.8 1.2 1.1 615,312 611,787 601,798 555,062 10.9

 Excluding defense............................. 744,961 739,732 732,933 0.7 0.9 1.0 745,495 742,393 732,348 681,939 9.3

 With unfilled orders............................. 378,896 376,313 373,288 0.7 0.8 1.0 379,115 376,178 373,103 351,542 7.8

 Durable goods industries........................ 469,873 466,755 463,341 0.7 0.7 1.0 470,583 466,679 463,012 433,266 8.6

 Wood products........................................ 13,995 13,904 13,767 0.7 1.0 0.0 14,013 13,819 13,463 12,612 11.1

 Nonmetallic mineral products..................... 15,169 15,064 14,900 0.7 1.1 1.1 14,800 14,708 14,693 13,886 6.6

 Primary metals......................................... 42,272 41,912 41,123 0.9 1.9 1.4 41,923 41,476 40,747 34,193 22.6

 Iron and steel mills............................... 24,255 23,974 23,421 1.2 2.4 1.7 24,076 23,751 23,215 19,012 26.6

 Aluminum and nonferrous metals............ 15,553 15,495 15,297 0.4 1.3 0.8 15,416 15,321 15,193 13,015 18.4

 Ferrous metal foundries........................ 2,464 2,443 2,405 0.9 1.6 1.9 2,431 2,404 2,339 2,166 12.2

 Fabricated metal products......................... 62,000 61,159 60,196 1.4 1.6 1.7 61,113 60,507 59,923 52,104 17.3

 Machinery.............................................. 77,401 76,453 75,221 1.2 1.6 1.6 78,383 76,103 75,431 70,179 11.7

 Farm machinery.................................. 4,827 4,668 4,542 3.4 2.8 1.8 5,064 4,460 4,381 3,883 30.4

 Construction machinery......................... 6,921 6,654 6,404 4.0 3.9 2.9 6,929 6,628 6,439 5,711 21.3

 Mining, oil field, 

 and gas field machinery.................... 6,057 6,159 6,144 -1.7 0.2 0.6 6,144 6,260 6,154 6,188 -0.7

 Industrial machinery............................. 9,477 9,326 9,268 1.6 0.6 1.2 9,584 9,069 9,638 8,819 8.7

 Photographic equipment....................... 1,321 1,315 1,293 0.5 1.7 -0.8 1,348 1,338 1,283 1,312 2.7

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,928 5,974 5,861 -0.8 1.9 3.8 5,819 5,846 5,642 5,224 11.4

 Metalworking machinery........................ 6,066 6,018 5,938 0.8 1.3 1.2 6,160 6,088 5,981 5,660 8.8

 Turbines, generators, and other

 power transmission equipment............ 10,293 10,050 9,841 2.4 2.1 1.8 10,424 9,955 9,757 9,075 14.9

 Material handling equipment.................. 6,194 6,071 5,910 2.0 2.7 2.1 6,424 6,224 6,065 5,396 19.1

 Computers and electronic products2............ 47,648 47,451 47,383 0.4 0.1 0.7 48,020 47,596 47,194 46,757 2.7

 Computers......................................... 2,108 2,111 2,109 -0.1 0.1 1.6 2,129 2,094 2,216 1,882 13.1

 Computer storage devices.................... 852 860 845 -0.9 1.8 -2.2 905 883 856 836 8.3

 Other peripheral equipment................... 842 815 815 3.3 0.0 2.6 879 799 797 833 5.5

 Nondefense communications

 equipment...................................... 4,474 4,486 4,472 -0.3 0.3 1.2 4,614 4,606 4,438 4,553 1.3

 Defense communications equipment........ 654 656 653 -0.3 0.5 -0.2 654 656 653 659 -0.8

 Audio and video equipment.................... 783 714 686 9.7 4.1 3.8 774 715 720 629 23.1

 Electronic components.......................... 8,083 8,122 8,272 -0.5 -1.8 0.1 7,835 7,874 8,086 8,147 -3.8

 Nondefense search and navigation

 equipment...................................... 3,371 3,342 3,338 0.9 0.1 1.0 3,361 3,403 3,356 3,252 3.4

 Defense search and navigation

 equipment....................................... 3,039 3,028 3,027 0.4 0.0 0.3 3,002 2,999 2,951 2,954 1.6

 Electromedical, measuring 

 and control instruments...................... 16,934 16,785 16,682 0.9 0.6 0.8 17,084 16,858 16,625 16,278 5.0

 Electrical equipment, appliances, 

 and components.................................... 21,507 21,375 21,189 0.6 0.9 1.4 21,195 21,265 20,874 19,502 8.7

 Electric lighting equipment..................... 2,470 2,449 2,414 0.9 1.4 0.6 2,455 2,450 2,412 2,310 6.3

 Household appliances........................... 3,260 3,213 3,138 1.5 2.4 2.4 3,215 3,267 3,101 2,664 20.7

 Electrical equipment............................. 6,389 6,399 6,408 -0.2 -0.1 1.3 6,334 6,251 6,069 6,126 3.4

 Batteries............................................ 1,748 1,749 1,749 -0.1 0.0 0.1 1,588 1,741 1,821 1,558 1.9

 Transportation equipment......................... 154,104 153,935 154,334 0.1 -0.3 0.5 155,195 155,589 155,388 150,849 2.9

 Automobiles....................................... 7,592 7,687 7,632 -1.2 0.7 2.1 7,572 7,925 7,954 5,349 41.6

 Light trucks and utility vehicles.............. 7,845 7,823 8,177 0.3 -4.3 1.4 8,177 8,074 8,351 6,578 24.3

 Heavy duty trucks ............................... 2,795 2,774 2,801 0.8 -1.0 2.4 2,695 2,737 2,761 2,013 33.9

 Motor vehicle bodies, parts, 

 and trailers...................................... 31,411 31,543 31,473 -0.4 0.2 1.3 31,188 31,452 31,410 27,468 13.5

 Nondefense aircraft and parts................ 76,228 76,035 76,259 0.3 -0.3 -0.2 77,345 77,228 76,876 82,701 -6.5

 Defense aircraft and parts..................... 12,632 12,556 12,548 0.6 0.1 0.7 12,655 12,589 12,535 12,226 3.5

 Ships and boats.................................. 3,835 3,877 3,755 -1.1 3.2 2.0 3,797 3,871 3,795 3,168 19.9

 Furniture and related products.................... 8,395 8,278 8,194 1.4 1.0 1.4 8,427 8,200 8,197 7,370 14.3

 Miscellaneous durable goods..................... 27,382 27,224 27,034 0.6 0.7 0.8 27,514 27,416 27,102 25,814 6.6

 Nondurable goods industries...................... 300,162 297,973 294,479 0.7 1.2 0.9 299,924 300,697 294,174 272,645 10.0

 Food products........................................ 62,944 62,788 62,646 0.2 0.2 0.5 64,782 66,114 63,389 62,874 3.0

 Grain and oilseed milling........................ 6,797 6,812 6,911 -0.2 -1.4 0.0 6,944 7,104 6,811 5,909 17.5

 Dairy products.................................... 9,005 9,011 9,007 -0.1 0.0 -0.4 8,714 8,899 9,007 8,703 0.1

 Meat, poultry, and seafood products....... 9,641 9,673 9,769 -0.3 -1.0 -0.3 9,698 9,862 9,833 9,725 -0.3

 Beverage and tobacco products................ 26,817 26,592 26,534 0.8 0.2 -0.3 27,145 26,919 26,276 26,837 1.1

 Beverages......................................... 23,131 22,983 22,923 0.6 0.3 -0.3 23,279 23,248 22,801 22,943 1.5

 Tobacco............................................ 3,686 3,609 3,611 2.1 -0.1 -0.2 3,866 3,671 3,475 3,894 -0.7

 Textile mills............................................ 3,284 3,220 3,178 2.0 1.3 1.3 3,259 3,202 3,184 2,962 10.0

 Textile products...................................... 4,151 4,100 4,027 1.2 1.8 1.3 4,160 4,098 4,042 3,948 5.4

 Apparel................................................. 1,860 1,836 1,802 1.3 1.9 1.5 1,844 1,908 1,840 1,765 4.5

 Leather and allied products....................... 865 868 873 -0.3 -0.6 0.0 860 854 872 885 -2.8

 Paper products....................................... 16,050 15,971 15,847 0.5 0.8 0.5 15,848 15,751 15,862 14,976 5.8

 Pulp, paper, and paperboard mills........... 4,958 4,935 4,903 0.5 0.7 0.6 4,886 4,822 4,851 4,820 1.4

 Paperboard containers......................... 5,722 5,711 5,695 0.2 0.3 0.6 5,640 5,646 5,730 5,306 6.3

 Printing.................................................. 6,039 6,020 6,014 0.3 0.1 0.8 6,094 6,217 6,129 5,926 2.8

 Petroleum and coal products..................... 46,102 45,828 43,594 0.6 5.1 2.6 44,687 45,468 43,341 30,470 46.7

 Petroleum refineries............................. 40,285 40,119 38,012 0.4 5.5 2.7 39,024 39,914 37,798 25,720 51.7

 Chemical products..................................... 102,184 101,112 100,727 1.1 0.4 0.6 101,555 100,734 100,157 95,594 6.2

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 5,250 5,238 5,259 0.2 -0.4 0.7 5,210 5,022 5,003 5,154 1.1

 Pharmaceuticals and medicines.............. 45,011 44,645 44,502 0.8 0.3 0.2 44,705 44,698 44,317 44,603 0.2

 Paints, coatings, and adhesives.............. 4,555 4,506 4,430 1.1 1.7 1.5 4,441 4,405 4,331 3,783 17.4

 Plastics and rubber products..................... 29,866 29,638 29,237 0.8 1.4 1.1 29,690 29,432 29,082 26,408 12.4

p Preliminary 

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

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

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

Estimates are not adjusted for price changes. 

2

 Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals. 

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, November Full Report, January 6, 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

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2021/

2021p 2021r 2021 Nov. Oct. Sep. 2021p 2021r 2021 2020 2021p 2020 2020

SHIPMENTS

 All manufacturing industries......................... 526,965 523,458 513,205 0.7 2.0 1.0 515,772 529,691 530,156 449,725 5,513,006 4,884,723 12.9

 Construction materials and supplies....... 59,567 58,476 57,538 1.9 1.6 1.3 56,419 60,605 60,247 48,240 624,698 547,909 14.0

 Information technology......................... 25,242 25,068 25,048 0.7 0.1 0.0 24,900 24,470 28,052 23,783 269,342 248,695 8.3

 Computers and related products........... 1,894 1,935 1,961 -2.1 -1.3 -0.8 1,873 1,879 2,135 1,912 21,050 19,097 10.2

 Motor vehicle and parts......................... 53,825 52,915 50,310 1.7 5.2 -1.7 53,443 55,316 52,588 52,773 573,460 521,109 10.0

 Capital goods...................................... 93,622 93,295 93,151 0.4 0.2 1.5 90,895 91,388 100,373 80,662 986,384 871,564 13.2

 Nondefense capital goods3.................. 81,004 80,777 80,921 0.3 -0.2 1.8 77,668 79,061 86,978 68,142 854,543 750,932 13.8

 Excluding aircraft............................. 76,285 76,020 75,802 0.3 0.3 1.3 73,081 75,168 80,263 65,935 804,890 712,328 13.0

 Defense capital goods4........................ 12,618 12,518 12,230 0.8 2.4 -0.7 13,227 12,327 13,395 12,520 131,841 120,632 9.3

 Consumer goods.................................. 215,431 213,919 207,699 0.7 3.0 1.0 215,023 218,409 211,501 185,413 2,231,731 1,951,750 14.3

 Consumer durable goods..................... 37,995 37,385 35,332 1.6 5.8 -2.6 38,293 38,968 37,653 38,707 406,775 371,922 9.4

 Consumer nondurable goods................ 177,436 176,534 172,367 0.5 2.4 1.7 176,730 179,441 173,848 146,706 1,824,956 1,579,828 15.5

 All manufacturing industries5...................... 531,836 523,433 517,066 1.6 1.2 0.5 517,146 524,174 529,459 442,939 5,535,033 4,727,860 17.1

 Construction materials and supplies....... 60,175 58,937 58,755 2.1 0.3 0.2 56,014 60,155 60,714 48,518 643,014 547,441 17.5

 Information technology......................... 27,119 26,188 26,071 3.6 0.4 0.8 26,039 25,343 29,430 23,307 277,461 249,941 11.0

 Computers and related products........... 1,859 1,900 1,941 -2.2 -2.1 -1.0 1,838 1,844 2,115 1,949 20,915 19,013 10.0

 Motor vehicle and parts......................... 53,868 53,277 50,334 1.1 5.8 -2.3 53,977 55,022 52,787 53,439 576,460 521,376 10.6

 Capital goods...................................... 102,538 97,173 99,631 5.5 -2.5 -0.7 97,009 92,783 103,058 76,898 1,030,412 763,002 35.0

 Nondefense capital goods3.................. 88,579 85,132 84,829 4.0 0.4 -4.3 85,490 82,360 87,370 65,697 902,800 640,819 40.9

 Excluding aircraft............................. 78,802 78,819 78,190 0.0 0.8 1.4 75,100 77,745 81,900 66,588 829,709 719,427 15.3

 Defense capital goods4........................ 13,959 12,041 14,802 15.9 -18.7 26.7 11,519 10,423 15,688 11,201 127,612 122,183 4.4

 Consumer goods.................................. 215,309 213,790 207,714 0.7 2.9 0.9 215,043 218,143 211,797 185,637 2,233,327 1,953,133 14.3

 Consumer durable goods..................... 37,873 37,256 35,347 1.7 5.4 -2.8 38,313 38,702 37,949 38,931 408,371 373,305 9.4

 Consumer nondurable goods.............. 177,436 176,534 172,367 0.5 2.4 1.7 176,730 179,441 173,848 146,706 1,824,956 1,579,828 15.5

 All manufacturing industries5...................... 1,260,141 1,251,000 1,246,689 0.7 0.3 0.7 1,245,246 1,239,129 1,239,563 1,172,065 (X) (X) 6.2

 Construction materials and supplies....... 78,079 77,471 77,010 0.8 0.6 1.6 76,113 76,518 76,968 56,961 (X) (X) 33.6

 Information technology......................... 126,356 124,479 123,359 1.5 0.9 0.8 124,922 123,783 122,910 115,712 (X) (X) 8.0

 Computers and related products........... 1,410 1,445 1,480 -2.4 -2.4 -1.3 1,410 1,445 1,480 1,503 (X) (X) -6.2

 Motor vehicle and parts......................... 28,508 28,465 28,103 0.2 1.3 0.1 27,847 27,313 27,607 23,815 (X) (X) 16.9

 Capital goods...................................... 960,848 951,932 948,054 0.9 0.4 0.7 950,481 944,367 942,972 908,688 (X) (X) 4.6

 Nondefense capital goods3.................. 769,378 761,803 757,448 1.0 0.6 0.5 764,982 757,160 753,861 721,286 (X) (X) 6.1

 Excluding aircraft............................. 241,172 238,655 235,856 1.1 1.2 1.0 238,729 236,710 234,133 213,181 (X) (X) 12.0

 Defense capital goods4........................ 191,470 190,129 190,606 0.7 -0.3 1.4 185,499 187,207 189,111 187,402 (X) (X) -1.0

 Consumer goods.................................. 7,575 7,697 7,826 -1.6 -1.6 0.2 7,809 7,789 8,055 6,561 (X) (X) 19.0

 Consumer durable goods..................... 7,575 7,697 7,826 -1.6 -1.6 0.2 7,809 7,789 8,055 6,561 (X) (X) 19.0 

 All manufacturing industries....................... 770,035 764,728 757,820 0.7 0.9 1.0 770,507 767,376 757,186 705,911 (X) (X) 9.2

 Construction materials and supplies....... 84,218 83,283 81,983 1.1 1.6 1.5 82,823 82,053 81,115 71,422 (X) (X) 16.0

 Information technology......................... 42,158 41,817 41,539 0.8 0.7 1.0 42,502 42,050 41,502 40,186 (X) (X) 5.8

 Computers and related products........... 3,802 3,786 3,769 0.4 0.5 1.0 3,913 3,776 3,869 3,551 (X) (X) 10.2

 Motor vehicle and parts......................... 49,643 49,827 50,083 -0.4 -0.5 1.5 49,632 50,188 50,476 41,408 (X) (X) 19.9

 Capital goods...................................... 227,355 225,635 224,237 0.8 0.6 0.7 229,579 226,604 224,833 221,327 (X) (X) 3.7

 Nondefense capital goods3.................. 206,023 204,370 203,076 0.8 0.6 0.8 208,332 205,385 203,708 201,067 (X) (X) 3.6

 Excluding aircraft............................. 139,966 138,524 137,024 1.0 1.1 1.2 141,180 138,322 136,995 129,320 (X) (X) 9.2

 Defense capital goods4........................ 21,332 21,265 21,161 0.3 0.5 0.5 21,247 21,219 21,125 20,260 (X) (X) 4.9

 Consumer goods.................................. 234,965 233,616 230,936 0.6 1.2 1.0 235,988 237,771 231,751 212,095 (X) (X) 11.3

 Consumer durable goods..................... 39,677 39,455 39,528 0.6 -0.2 1.5 40,177 40,161 40,169 33,497 (X) (X) 19.9

 Consumer nondurable goods................ 195,288 194,161 191,408 0.6 1.4 0.8 195,811 197,610 191,582 178,598 (X) (X) 9.6

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, November Full Report, January 6, 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 November

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2021/

2021p 2021r 2021 Nov. Oct. Sep. 2021p 2021r 2021 2020 2020

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 278,536 275,316 270,425 1.2 1.8 1.6 276,928 275,155 270,474 238,468 16.1

 Durable goods industries.......................... 173,375 171,142 167,816 1.3 2.0 1.7 173,063 171,152 168,615 147,751 17.1

 Wood products................................... 6,088 6,036 5,957 0.9 1.3 0.6 6,231 6,152 5,999 5,664 10.0

 Nonmetallic mineral products................. 6,363 6,269 6,216 1.5 0.9 0.7 6,306 6,217 6,207 5,650 11.6

 Primary metals.................................... 16,032 15,812 15,388 1.4 2.8 2.6 16,123 15,968 15,466 12,804 25.9

 Fabricated metal products.......................... 25,693 24,953 24,477 3.0 1.9 2.5 25,409 24,751 24,745 19,879 27.8

 Machinery.......................................... 32,834 32,066 30,309 2.4 5.8 1.4 32,803 31,930 30,514 27,150 20.8

 Computers and electronic products........ 22,554 22,438 22,314 0.5 0.6 0.7 22,784 22,618 22,315 21,325 6.8

 Electrical equipment, appliances,

 and components............................... 9,873 9,753 9,679 1.2 0.8 1.8 9,711 9,692 9,549 8,740 11.1

 Transportation equipment..................... 40,858 40,810 40,494 0.1 0.8 1.6 40,650 40,858 40,863 34,371 18.3

 Furniture and related products............... 4,156 4,069 4,031 2.1 0.9 1.1 4,110 4,023 4,018 3,562 15.4

 Miscellaneous products......................... 8,924 8,936 8,951 -0.1 -0.2 3.3 8,936 8,943 8,939 8,606 3.8

 Nondurable goods industries...................... 105,161 104,174 102,609 0.9 1.5 1.3 103,865 104,003 101,859 90,717 14.5

 Food products.................................... 23,142 22,949 22,964 0.8 -0.1 0.8 23,368 23,583 22,834 22,052 6.0

 Beverage and tobacco products........................ 5,597 5,474 5,408 2.2 1.2 -0.7 5,671 5,515 5,289 5,495 3.2

 Textiles.............................................. 1,308 1,295 1,281 1.0 1.1 2.2 1,293 1,278 1,277 1,129 14.5

 Textile products................................... 1,446 1,440 1,425 0.4 1.1 1.1 1,451 1,438 1,431 1,397 3.9

 Apparel............................................. 631 628 611 0.5 2.8 0.7 629 645 617 592 6.3

 Leather and allied products.................... 320 315 310 1.6 1.6 2.0 317 311 313 289 9.7

 Paper products.................................... 8,309 8,275 8,168 0.4 1.3 1.0 8,249 8,187 8,206 7,549 9.3

 Printing ............................................. 3,106 3,085 3,074 0.7 0.4 2.8 3,119 3,128 3,115 2,837 9.9

 Petroleum and coal products................. 15,216 14,992 13,932 1.5 7.6 1.4 13,997 14,449 13,615 8,708 60.7

 Chemical products................................ 32,882 32,562 32,558 1.0 0.0 2.1 32,696 32,425 32,251 29,665 10.2

 Plastics and rubber products.................. 13,204 13,159 12,878 0.3 2.2 0.8 13,075 13,044 12,911 11,004 18.8

WORK IN PROCESS

 All manufacturing industries....................... 221,791 220,873 220,615 0.4 0.1 0.6 223,839 223,454 220,556 216,141 3.6

 Durable goods industries.......................... 168,749 168,109 168,517 0.4 -0.2 0.4 169,661 169,089 169,154 165,969 2.2

 Wood products................................... 2,367 2,332 2,310 1.5 1.0 -1.8 2,354 2,307 2,274 2,143 9.8

 Nonmetallic mineral products................. 1,538 1,533 1,511 0.3 1.5 -0.1 1,467 1,462 1,481 1,430 2.6

 Primary metals.................................... 11,936 11,870 11,820 0.6 0.4 -0.2 11,861 11,925 11,851 9,864 20.2

 Fabricated metal products.......................... 14,508 14,441 14,337 0.5 0.7 0.8 14,406 14,384 14,296 13,216 9.0

 Machinery.......................................... 22,141 21,785 22,294 1.6 -2.3 2.9 22,720 21,790 22,591 19,659 15.6

 Computers and electronic products........ 13,131 13,214 13,337 -0.6 -0.9 0.4 12,955 12,959 13,064 13,210 -1.9

 Electrical equipment, appliances,

 and components............................... 4,113 4,139 4,072 -0.6 1.6 1.7 4,057 4,106 3,985 3,828 6.0

 Transportation equipment..................... 93,316 93,161 93,241 0.2 -0.1 -0.1 94,107 94,481 93,945 97,457 -3.4

 Furniture and related products............... 1,387 1,368 1,346 1.4 1.6 1.6 1,414 1,360 1,377 1,196 18.2

 Miscellaneous products......................... 4,312 4,266 4,249 1.1 0.4 0.8 4,320 4,315 4,290 3,966 8.9

 Nondurable goods industries...................... 53,042 52,764 52,098 0.5 1.3 0.9 54,178 54,365 51,402 50,172 8.0

 Food products.................................... 7,352 7,353 7,227 0.0 1.7 -0.8 8,287 8,372 6,830 8,545 -3.0

 Beverage and tobacco products........................ 9,198 9,207 9,275 -0.1 -0.7 -0.4 9,482 9,464 9,201 9,903 -4.3

 Textiles.............................................. 599 591 580 1.4 1.9 1.0 598 595 585 554 7.9

 Textile products................................... 414 403 398 2.7 1.3 0.3 417 403 406 400 4.3

 Apparel............................................. 239 241 242 -0.8 -0.4 1.7 236 248 248 231 2.2

 Leather and allied products.................... 90 91 89 -1.1 2.2 -5.3 90 89 89 87 3.4

 Paper products.................................... 1,497 1,479 1,457 1.2 1.5 -0.3 1,481 1,466 1,456 1,386 6.9

 Printing ............................................. 1,200 1,188 1,186 1.0 0.2 0.7 1,239 1,292 1,259 1,187 4.4

 Petroleum and coal products................. 12,686 12,538 12,152 1.2 3.2 5.0 12,447 12,697 11,993 7,722 61.2

 Chemical products................................ 16,149 16,031 15,882 0.7 0.9 0.1 16,253 16,074 15,714 16,642 -2.3

 Plastics and rubber products.................. 3,618 3,642 3,610 -0.7 0.9 -1.0 3,648 3,665 3,621 3,515 3.8

FINISHED GOODS

 All manufacturing industries....................... 269,708 268,539 266,780 0.4 0.7 0.7 269,740 268,767 266,156 251,302 7.3

 Durable goods industries.......................... 127,749 127,504 127,008 0.2 0.4 0.9 127,859 126,438 125,243 119,546 7.0

 Wood products................................... 5,540 5,536 5,500 0.1 0.7 0.0 5,428 5,360 5,190 4,805 13.0

 Nonmetallic mineral products................. 7,268 7,262 7,173 0.1 1.2 1.8 7,027 7,029 7,005 6,806 3.2

 Primary metals.................................... 14,304 14,230 13,915 0.5 2.3 1.4 13,939 13,583 13,430 11,525 20.9

 Fabricated metal products.......................... 21,799 21,765 21,382 0.2 1.8 1.3 21,298 21,372 20,882 19,009 12.0

 Machinery.......................................... 22,426 22,602 22,618 -0.8 -0.1 0.6 22,860 22,383 22,326 23,370 -2.2

 Computers and electronic products........ 11,963 11,799 11,732 1.4 0.6 1.1 12,281 12,019 11,815 12,222 0.5

 Electrical equipment, appliances,

 and components............................... 7,521 7,483 7,438 0.5 0.6 0.7 7,427 7,467 7,340 6,934 7.1

 Transportation equipment..................... 19,930 19,964 20,599 -0.2 -3.1 1.1 20,438 20,250 20,580 19,021 7.4

 Furniture and related products............... 2,852 2,841 2,817 0.4 0.9 1.8 2,903 2,817 2,802 2,612 11.1

 Miscellaneous products......................... 14,146 14,022 13,834 0.9 1.4 -0.8 14,258 14,158 13,873 13,242 7.7

 Nondurable goods industries...................... 141,959 141,035 139,772 0.7 0.9 0.5 141,881 142,329 140,913 131,756 7.7

 Food products.................................... 32,450 32,486 32,455 -0.1 0.1 0.6 33,127 34,159 33,725 32,277 2.6

 Beverage and tobacco products........................ 12,022 11,911 11,851 0.9 0.5 0.0 11,992 11,940 11,786 11,439 4.8

 Textiles.............................................. 1,377 1,334 1,317 3.2 1.3 0.7 1,368 1,329 1,322 1,279 7.0

 Textile products................................... 2,291 2,257 2,204 1.5 2.4 1.6 2,292 2,257 2,205 2,151 6.6

 Apparel............................................. 990 967 949 2.4 1.9 2.0 979 1,015 975 942 3.9

 Leather and allied products.................... 455 462 474 -1.5 -2.5 -0.2 453 454 470 509 -11.0

 Paper products.................................... 6,244 6,217 6,222 0.4 -0.1 0.1 6,118 6,098 6,200 6,041 1.3

 Printing ............................................. 1,733 1,747 1,754 -0.8 -0.4 -2.6 1,736 1,797 1,755 1,902 -8.7

 Petroleum and coal products................. 18,200 18,298 17,510 -0.5 4.5 2.0 18,243 18,322 17,733 14,040 29.9

 Chemical products................................ 53,153 52,519 52,287 1.2 0.4 -0.1 52,606 52,235 52,192 49,287 6.7

 Plastics and rubber products.................. 13,044 12,837 12,749 1.6 0.7 2.1 12,967 12,723 12,550 11,889 9.1

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, November Full Report, January 6, 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 Nov Oct Sep Aug Nov Oct Sep Aug

2021p 2021r 2021 2021 2021p 2021r 2021 2021

All manufacturing industries3

.................................... 1.46 1.46 1.48 1.48 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.78 1.78 1.80 1.79 6.78 6.77 6.82 6.85

 Wood products........................................................... 1.20 1.21 1.21 1.22 (X) (X) (X) (X)

 Nonmetallic mineral products............................. 1.25 1.27 1.27 1.26 (X) (X) (X) (X)

 Primary metals............................................................ 1.71 1.70 1.71 1.70 1.65 1.65 1.71 1.71

 Fabricated metal products...................................... 1.70 1.69 1.69 1.69 2.95 2.95 2.99 3.01

 Machinery..................................................................... 2.08 2.06 2.02 2.02 3.41 3.40 3.38 3.35

 Computers and electronic products3

................... 1.64 1.64 1.62 1.62 5.34 5.30 5.27 5.26

 Electrical equipment, appliances,

 and components.................................................... 1.66 1.66 1.68 1.67 2.69 2.67 2.67 2.65

 Transportation equipment..................................... 2.02 2.04 2.12 2.10 16.62 16.58 16.73 16.84

 Furniture and related products............................ 1.40 1.35 1.35 1.35 2.22 2.16 2.20 2.21

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

Nondurable goods industries................................... 1.14 1.14 1.15 1.16 (X) (X) (X) (X)

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

 Beverage and tobacco products........................... 1.90 1.90 1.87 1.91 (X) (X) (X) (X)

 Textiles.......................................................................... 1.41 1.39 1.39 1.38 (X) (X) (X) (X)

 Textile products......................................................... 2.22 2.20 2.15 2.12 (X) (X) (X) (X)

 Apparel........................................................................ 2.12 2.11 2.08 2.07 (X) (X) (X) (X)

 Leather and allied products................................ 2.03 2.02 1.93 1.95 (X) (X) (X) (X)

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

 Printing........................................................................ 0.89 0.88 0.91 0.89 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.79 0.80 0.82 0.83 (X) (X) (X) (X)

 Chemical products................................................... 1.50 1.49 1.51 1.52 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.33 1.34 1.35 1.35 (X) (X) (X) (X)

Nov3 Nov3 Nov3 Nov3

Industry 2020- 2020- 2020- 2020-

Nov2 Oct Nov2 Oct Nov2 Oct Nov2 Oct

2021 2021 2021 2021 2021 2021 2021 2021

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

Durable goods industries....................... 0.0 0.2 0.1 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) 0.3 (X) (NA) (X) (NA) (X) 0.2

 Primary metals............................................. -0.1 0.7 -0.1 1.1 0.0 0.3 0.2 0.2

 Fabricated metal products.................... 0.0 0.3 0.1 0.9 0.1 0.3 0.1 0.2

 Machinery...................................................... 0.1 0.3 0.1 0.7 0.1 0.2 -0.1 0.2

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

 Electrical equipment, appliances,

 and components..................................... 0.0 0.4 0.0 1.0 0.0 0.4 0.1 0.2

 Transportation equipment.................... -0.1 0.8 0.0 1.6 0.0 0.1 0.0 0.1

 Furniture and related products............. (X) 0.5 (X) 0.7 (X) 0.5 (X) 0.3

 Miscellaneous products.......................... (X) 0.4 (X) 0.4 (X) 0.2 (X) 0.1

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

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

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

 Textiles.......................................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.1

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

 Apparel......................................................... (X) 0.5 (X) (NA) (X) (NA) (X) 0.5

 Leather and allied products.................. (X) 1.1 (X) (NA) (X) (NA) (X) 0.3

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

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

 Petroleum and coal products............... (X) 0.7 (X) (NA) (X) (NA) (X) 0.6

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

 Plastics and rubber products................ (X) 0.3 (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, November Full Report, January 6, 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, November Full Report, January 6, 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