FOR IMMEDIATE RELEASE 

WEDNESDAY, APRIL 2, 2008, AT 10:00 A.M. EDT 

Chris Savage or Jessica Young 

Manufacturing and Construction Division 

(301) 763-4832 

M3-2 (08)-02 

CB08-57 

Full Report on Manufacturers’ Shipments, Inventories and Orders 

February 2008 

Summary 

 New orders for manufactured goods in February, down 

two consecutive months, decreased $5.7 billion or 1.3 

percent to $424.4 billion, the U.S. Census Bureau 

reported today. This followed a 2.3 percent January 

decrease. 

 Shipments, down two of the last three months, 

decreased $9.0 billion or 2.1 percent to $423.0 billion. 

This followed a 1.1 percent January increase. 

 Unfilled orders, up thirty-three of the last thirty-four 

months, increased $7.5 billion or 0.9 percent to $822.4 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed 

a 0.8 percent January increase. The unfilled orders-toshipments ratio was 5.50, up from 5.38 in January. 

 Inventories, up twelve of the last thirteen months, 

increased $2.8 billion or 0.5 percent to $538.4 billion. 

This was also at the highest level since the series was 

first stated on a NAICS basis in 1992 and followed a 1.3 

percent January increase. The inventories-to-shipments 

ratio was 1.27, up from 1.24 in January. 

New Orders 

 New orders for manufactured durable goods in 

February, down two consecutive months, decreased $2.5 

billion or 1.1 percent to $212.3 billion, revised from the 

previously published 1.7 percent decrease. This 

followed a 4.4 percent January decrease. 

 Machinery, down following two consecutive monthly 

increases, had the largest decrease, $3.8 billion or 12.3 

percent to $27.4 billion. 

 New orders for manufactured nondurable goods 

decreased $3.2 billion or 1.5 percent to $212.1 billion. 

 

Shipments 

 Shipments of manufactured durable goods in February, 

down three of the last four months, decreased $5.8 

billion or 2.7 percent to $210.8 billion, revised from the 

previously published 2.8 percent decrease. This 

followed a 2.3 percent January increase. 

 

 Computers and electronic products, down following 

two consecutive monthly increases, had the largest 

decrease, $3.8 billion or 10.3 percent to $33.0 billion. 

 

 Shipments of manufactured nondurable goods, down 

two of the last three months, decreased $3.2 billion or 

1.5 percent to $212.1 billion. This followed a slight 

January increase. This decrease was led by petroleum 

and coal products, which decreased $1.2 billion or 2.4 

percent to $50.0 billion. 

 

Unfilled Orders 

 Unfilled orders for manufactured durable goods in 

February, up thirty-three of the last thirty-four months, 

increased $7.5 billion or 0.9 percent to $822.4 billion, revised from the previously published 0.8 percent 

increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and 

followed a 0.8 percent January increase. 

 

 Transportation equipment, up twenty-eight of the last 

twenty-nine months, had the largest increase, $7.7 

billion or 1.6 percent to $486.3 billion. 

Inventories 

 Inventories of manufactured durable goods in 

February, up seven of the last eight months, increased 

$1.6 billion or 0.5 percent to $323.6 billion, unchanged 

from the previously published increase. This was also at 

the highest level since the series was first stated on a 

NAICS basis in 1992 and followed a 0.5 percent January 

increase. 

 

 Transportation equipment, up thirteen of the last 

fourteen months, had the largest increase, $0.9 billion or 

1.1 percent to $83.9 billion. 

 Inventories of manufactured nondurable goods, up five 

of the last six months, increased $1.3 billion or 0.6 

percent to $214.7 billion. This was at the highest level 

since the series was first stated on a NAICS basis in 

1992 and followed a 2.4 percent January increase. 

Petroleum and coal products led the increase, up $0.7 

billion or 1.8 percent to $41.0 billion. 

 By stage of fabrication, February materials and 

supplies increased 0.4 percent in durable goods and 

decreased 0.5 percent in nondurable goods. Work in 

process increased 1.1 percent in durable goods and 3.0 

percent in nondurable goods. Finished goods decreased 

0.2 percent in durable goods and increased 0.4 percent in 

nondurable goods. 

Figures in text are in seasonally adjusted current dollars. Figures on new and unfilled orders exclude data for semiconductor manufacturing. For data, call (301) 763-4673 or go to <http://www.census.gov/m3>. 

The advance report on durable goods for March is scheduled for release on April 24, 2008, at 8:30 a.m. EDT and the full report on 

May 2, 2008, at 10:00 a.m. EDT. See back page for survey description. 
 2 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2008/

2008p 2008r 2007 Feb. Jan. Dec. 2008p 2008r 2007 2007 2008p 2007 2007

 All manufacturing industries .................. 422,952 431,930 427,095 -2.1 1.1 -0.4 410,676 399,085 414,514 378,463 809,761 750,520 7.9

 Excluding transportation ................... 367,546 374,314 371,463 -1.8 0.8 -0.2 354,338 349,144 360,588 323,157 703,482 645,699 8.9

 Excluding defense .............................. 411,777 421,175 417,353 -2.2 0.9 -0.3 399,666 390,127 403,467 368,948 789,793 733,053 7.7

 With unfilled orders ........................... 149,416 151,440 148,611 -1.3 1.9 0.0 145,809 136,101 147,622 137,161 281,910 266,940 5.6

 Durable goods industries ........................210,803 216,582 211,747 -2.7 2.3 -0.3 206,224 195,019 207,827 196,793 401,243 385,510 4.1

 Wood products................................. ...... 7,545 7,545 7,661 0.0 -1.5 -0.9 7,130 6,420 6,870 6,911 13,550 13,638 -0.6

 Nonmetallic mineral products................... 8,766 8,828 8,883 -0.7 -0.6 -4.3 8,078 7,893 7,588 8,602 15,971 17,316 -7.8

 Primary metals............................ .......... 20,752 20,664 20,410 0.4 1.2 0.6 21,156 20,528 17,527 18,839 41,684 38,391 8.6

 Iron and steel mills............................ 9,870 9,822 9,797 0.5 0.3 2.6 10,264 9,847 8,668 8,860 20,111 18,143 10.8

 Aluminum and nonferrous metals......... 9,251 9,216 8,997 0.4 2.4 -1.4 9,272 9,107 7,501 8,516 18,379 17,250 6.5

 Ferrous metal foundries...................... 1,631 1,626 1,616 0.3 0.6 0.4 1,620 1,574 1,358 1,463 3,194 2,998 6.5

 Fabricated metal products...................... 25,572 25,959 25,579 -1.5 1.5 -1.8 24,909 24,293 23,181 24,156 49,202 48,205 2.1

 Machinery............................................. 29,332 28,394 29,063 3.3 -2.3 3.1 28,366 25,950 28,520 24,726 54,316 48,029 13.1

 Farm machinery................................. 1,952 2,081 2,106 -6.2 -1.2 1.7 2,219 1,841 1,782 1,927 4,060 3,480 16.7

 Construction machinery..................... 2,344 2,284 2,326 2.6 -1.8 -1.6 2,307 2,021 2,261 1,874 4,328 3,679 17.6

 Mining, oil field, and 

 gas field machinery........................ 1,386 1,351 1,339 2.6 0.9 -2.0 1,332 1,256 1,471 1,195 2,588 2,305 12.3

 Industrial machinery.......................... 3,115 3,473 3,183 -10.3 9.1 1.9 2,677 3,275 3,622 2,585 5,952 4,906 21.3

 Photographic equipment...................... 545 544 564 0.2 -3.5 3.5 486 442 640 559 928 1,077 -13.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 5,206 4,041 3,850 28.8 5.0 -3.3 4,642 3,382 3,687 3,319 8,024 6,454 24.3

 Metalworking machinery..................... 2,470 2,543 2,446 -2.9 4.0 0.5 2,316 2,436 2,483 2,085 4,752 4,273 11.2

 Turbines, generators, and other

 power transmission equipment....... 3,459 3,318 4,327 4.2 -23.3 18.7 3,488 3,180 4,072 2,849 6,668 5,586 19.4

 Material handling equipment............... 2,545 2,330 2,348 9.2 -0.8 0.3 2,627 2,112 2,292 2,080 4,739 4,106 15.4

 Computers and electronic products ......... 32,980 36,769 33,921 -10.3 8.4 0.8 30,884 31,751 39,279 29,875 62,635 58,846 6.4

 Computers........................................ 3,511 3,638 3,692 -3.5 -1.5 2.9 3,099 3,157 4,263 3,176 6,256 6,062 3.2

 Computer storage devices................... 636 650 596 -2.2 9.1 -4.6 458 398 1,114 413 856 747 14.6

 Other peripheral equipment................ 1,410 1,457 1,534 -3.2 -5.0 9.3 1,230 1,032 2,213 1,200 2,262 2,227 1.6

 Nondefense communications

 equipment.................................... 4,745 4,826 5,074 -1.7 -4.9 4.0 4,212 3,726 6,602 4,373 7,938 8,091 -1.9

 Defense communications equipment... 582 514 497 13.2 3.4 -11.9 583 467 504 471 1,050 891 17.8

 Audio and video equipment.................. 782 822 845 -4.9 -2.7 -6.4 748 747 1,060 811 1,495 1,685 -11.3

 Semiconductors ................................. 6,035 8,719 6,433 -30.8 35.5 -1.1 6,161 8,402 5,739 6,020 14,563 13,613 7.0

 Electronic components....................... 4,078 4,233 4,131 -3.7 2.5 2.9 3,880 3,705 4,619 3,906 7,585 7,524 0.8

 Nondefense search and navigation

 equipment..................................... 979 1,191 1,046 -17.8 13.9 -7.4 949 1,034 1,074 818 1,983 1,624 22.1

 Defense search and navigation

 equipment..................................... 2,496 2,642 2,613 -5.5 1.1 6.1 2,480 2,212 2,849 2,519 4,692 4,578 2.5

 Electromedical, measuring,

 and control instruments................. 7,200 7,575 6,840 -5.0 10.7 -2.6 6,584 6,415 8,569 5,654 12,999 10,749 20.9

 Electrical equipment, appliances, 

 and components................................... 10,725 10,916 10,765 -1.7 1.4 0.0 10,172 9,696 10,342 9,821 19,868 19,296 3.0

 Electric lighting equipment................... 1,087 1,126 1,157 -3.5 -2.7 -0.6 1,077 988 1,203 1,175 2,065 2,229 -7.4

 Household appliances........................ 2,202 2,256 2,030 -2.4 11.1 -6.6 1,975 1,764 2,150 1,945 3,739 3,627 3.1

 Electrical equipment............................ 3,538 3,558 3,477 -0.6 2.3 -1.0 3,450 3,353 3,256 3,142 6,803 6,255 8.8

 Batteries........................................... 716 743 813 -3.6 -8.6 19.2 591 659 806 521 1,250 1,258 -0.6

 Transportation equipment...................... 55,406 57,616 55,632 -3.8 3.6 -1.7 56,338 49,941 53,926 55,306 106,279 104,821 1.4

 Automobiles..................................... 7,023 7,236 7,110 -2.9 1.8 -3.0 7,300 6,949 6,217 7,007 14,249 13,759 3.6

 Light trucks and utility vehicles............ 10,498 10,735 10,854 -2.2 -1.1 -2.4 10,823 9,323 10,089 10,726 20,146 19,685 2.3

 Heavy duty trucks ............................. 1,280 1,374 1,351 -6.8 1.7 1.4 1,291 1,353 1,203 1,794 2,644 3,908 -32.3

 Motor vehicle bodies, parts, 

 and trailers.................................... 17,125 17,593 17,632 -2.7 -0.2 -1.6 18,203 16,534 14,876 19,448 34,737 37,295 -6.9

 Nondefense aircraft and parts.............. 8,569 10,304 9,205 -16.8 11.9 0.4 8,184 7,432 10,730 7,494 15,616 13,690 14.1

 Defense aircraft and parts.................. 4,556 3,640 3,266 25.2 11.5 -5.1 4,309 2,867 4,011 3,199 7,176 5,862 22.4

 Ships and boats................................. 2,125 2,215 2,078 -4.1 6.6 2.0 2,150 1,870 2,122 1,966 4,020 3,653 10.0

 Furniture and related products................. 6,553 6,547 6,698 0.1 -2.3 -1.8 6,560 6,203 6,503 6,780 12,763 13,428 -5.0

 Miscellaneous durable goods................. 13,172 13,344 13,135 -1.3 1.6 0.5 12,631 12,344 14,091 11,777 24,975 23,540 6.1

 Nondurable goods industries................... 212,149 215,348 215,348 -1.5 0.0 -0.4 204,452 204,066 206,687 181,670 408,518 365,010 11.9

 Food products....................................... 49,266 49,659 49,290 -0.8 0.7 1.1 48,802 48,158 49,319 44,080 96,960 88,128 10.0

 Grain and oilseed milling..................... 5,749 5,801 5,801 -0.9 0.0 5.8 5,866 5,716 5,525 4,976 11,582 9,748 18.8

 Dairy products.................................. 7,583 7,527 7,404 0.7 1.7 -1.2 7,193 7,402 7,411 5,872 14,595 12,130 20.3

 Meat, poultry, and seafood products... 14,272 14,473 14,505 -1.4 -0.2 1.5 14,321 13,933 14,335 13,417 28,254 26,564 6.4

 Beverage and tobacco products............... 10,930 11,253 11,216 -2.9 0.3 -2.6 10,375 10,273 10,810 9,915 20,648 19,671 5.0

 Beverages......................................... 7,440 7,735 7,725 -3.8 0.1 -1.0 6,885 6,755 7,319 6,531 13,640 12,744 7.0

 Tobacco............................................ 3,490 3,518 3,491 -0.8 0.8 -6.1 3,490 3,518 3,491 3,384 7,008 6,927 1.2

 Textile mills........................................... 2,797 2,853 2,895 -2.0 -1.5 0.7 2,885 2,669 2,584 2,973 5,554 5,804 -4.3

 Textile products................................... 2,577 2,618 2,654 -1.6 -1.4 -1.3 2,576 2,340 2,344 2,789 4,916 5,389 -8.8

 Apparel................................................ 2,756 2,816 2,840 -2.1 -0.8 0.4 2,788 2,438 2,528 2,643 5,226 4,954 5.5

 Leather and allied products..................... 523 531 538 -1.5 -1.3 0.2 586 450 530 608 1,036 1,081 -4.2

 Paper products...................................... 14,058 14,259 14,041 -1.4 1.6 -1.0 13,828 14,218 13,640 12,997 28,046 26,787 4.7

 Pulp, paper, and paperboard mills....... 6,731 6,885 6,899 -2.2 -0.2 1.5 6,667 6,944 6,646 6,155 13,611 12,627 7.8

 Paperboard containers........................ 3,987 4,013 3,847 -0.6 4.3 -3.3 3,824 3,972 3,692 3,645 7,796 7,610 2.4

 Printing................................................. 8,177 8,313 8,474 -1.6 -1.9 -1.6 7,707 7,826 8,571 7,833 15,533 15,917 -2.4

 Petroleum and coal products.................. 49,994 51,242 51,850 -2.4 -1.2 -2.5 46,190 46,821 49,418 33,847 93,011 67,842 37.1

 Petroleum refineries.......................... 47,502 48,643 49,360 -2.3 -1.5 -2.5 44,065 44,651 47,436 31,717 88,716 63,473 39.8

 Chemical products.................................. 53,910 54,572 54,464 -1.2 0.2 1.5 52,135 52,440 51,822 48,291 104,575 97,612 7.1

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 3,146 3,096 3,050 1.6 1.5 -3.5 3,064 2,698 2,456 2,288 5,762 4,375 31.7

 Pharmaceuticals and medicines............ 13,560 13,328 14,023 1.7 -5.0 6.8 12,851 13,194 13,773 13,330 26,045 27,713 -6.0

 Paints, coatings, and adhesives.......... 2,968 3,014 3,032 -1.5 -0.6 0.7 2,783 2,662 2,511 2,615 5,445 5,191 4.9

 Plastics and rubber products.................. 17,161 17,232 17,086 -0.4 0.9 -1.9 16,580 16,433 15,121 15,694 33,013 31,825 3.7

p Preliminary r

 Revised NA Not available.

1

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

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

Year to date
 3

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly

Industry Percent

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2008/

2008p 2008r 2007 Feb. Jan. Dec. 2008p 2008r 2007 2007 2008p 2007 2007

All manufacturing industries 2................... 424,416 430,072 440,035 -1.3 -2.3 2.0 414,429 406,483 441,955 381,314 820,912 758,439 8.2

 Excluding transportation 2

................... 361,320 368,119 369,377 -1.8 -0.3 0.6 351,886 349,046 359,288 322,410 700,932 644,964 8.7

 Excluding defense 2

............................. 412,261 418,434 426,926 -1.5 -2.0 0.8 402,302 394,932 421,970 372,259 797,234 739,110 7.9

 With unfilled orders 2.......................... 156,915 158,301 167,984 -0.9 -5.8 6.4 155,723 151,901 180,802 146,032 307,624 288,472 6.6

 Durable goods industries 2..................... 212,267 214,724 224,687 -1.1 -4.4 4.4 209,977 202,417 235,268 199,644 412,394 393,429 4.8

 Primary metals............................ ............ 21,185 20,970 20,794 1.0 0.8 -0.3 22,125 21,681 18,602 19,006 43,806 39,507 10.9

 Iron and steel mills.............................. 10,061 10,296 10,084 -2.3 2.1 1.1 10,781 10,891 9,227 8,998 21,672 18,932 14.5

 Aluminum and nonferrous metals......... 9,458 9,085 9,130 4.1 -0.5 -1.8 9,641 9,163 8,030 8,532 18,804 17,422 7.9

 Ferrous metal foundries...................... 1,666 1,589 1,580 4.8 0.6 -0.7 1,703 1,627 1,345 1,476 3,330 3,153 5.6

 Fabricated metal products...................... 25,651 25,866 26,896 -0.8 -3.8 1.1 25,539 24,940 24,167 25,108 50,479 50,449 0.1

 Machinery............................................. 27,352 31,183 31,176 -12.3 0.0 7.8 27,627 31,178 30,592 26,628 58,805 52,839 11.3

 Construction machinery....................... 1,939 2,605 2,159 -25.6 20.7 10.5 2,047 2,921 2,435 1,759 4,968 3,904 27.3

 Mining, oil field, and

 gas field machinery........................ 1,447 1,499 1,596 -3.5 -6.1 12.4 1,451 1,373 1,704 1,052 2,824 2,027 39.3

 Industrial machinery............................ 3,274 3,946 3,592 -17.0 9.9 9.0 2,987 4,472 3,566 3,152 7,459 6,246 19.4

 Photographic equipment...................... 484 739 576 -34.5 28.3 9.9 470 704 591 527 1,174 1,072 9.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,231 5,057 4,738 -36.1 6.7 0.6 2,787 5,046 4,501 4,402 7,833 8,358 -6.3

 Metalworking machinery....................... 2,449 2,487 2,707 -1.5 -8.1 2.0 2,490 2,629 2,619 2,287 5,119 4,954 3.3

 Turbines, generators, and other 

 power transmission equipment....... 3,635 3,398 4,480 7.0 -24.2 25.6 3,840 3,168 4,681 2,815 7,008 5,660 23.8

 Material handling equipment............... 2,608 2,566 2,293 1.6 11.9 -5.4 2,940 2,471 2,484 2,181 5,411 4,549 18.9

 Computers and electronic products 2...... 27,847 27,284 28,055 2.1 -2.7 3.7 26,432 23,666 35,121 25,020 50,098 47,210 6.1

 Computers........................................ 3,661 3,078 3,842 18.9 -19.9 5.1 3,249 2,597 4,413 3,093 5,846 5,920 -1.3

 Nondefense communications

 equipment...................................... 4,895 4,582 5,310 6.8 -13.7 18.5 4,924 3,880 6,579 4,863 8,804 9,105 -3.3

 Defense communications equipment... 527 525 633 0.4 -17.1 -18.4 460 407 851 356 867 626 38.5

 Semiconductors 2

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

 Electronic components....................... 4,256 4,233 3,870 0.5 9.4 -4.9 4,251 3,861 4,397 4,375 8,112 8,214 -1.2

 Nondefense search and navigation

 equipment..................................... 1,077 1,152 933 -6.5 23.5 -3.9 1,064 1,233 929 840 2,297 1,928 19.1

 Defense search and navigation

 equipment...................................... 2,713 2,928 2,756 -7.3 6.2 14.6 2,854 2,584 3,862 2,652 5,438 4,421 23.0

 Electromedical, measuring,

 and control instruments.................... 7,364 7,355 7,116 0.1 3.4 -1.4 6,694 6,471 9,030 5,903 13,165 11,282 16.7

 Electrical equipment, appliances, 

 and components................................... 11,474 11,360 10,875 1.0 4.5 1.2 11,573 10,806 9,906 10,730 22,379 21,513 4.0

 Electric lighting equipment................... 1,247 1,041 1,132 19.8 -8.0 -1.0 1,267 976 1,200 1,320 2,243 2,609 -14.0

 Household appliances.......................... 2,242 2,125 1,993 5.5 6.6 -3.3 2,111 1,835 1,928 2,198 3,946 4,094 -3.6

 Electrical equipment............................ 4,008 4,219 3,404 -5.0 23.9 -4.9 4,260 4,249 2,735 3,611 8,509 7,211 18.0

 Transportation equipment........................ 63,096 61,953 70,658 1.8 -12.3 10.1 62,543 57,437 82,667 58,904 119,980 113,475 5.7

 Motor vehicle bodies, parts, 

 and trailers.................................... 16,823 17,174 17,170 -2.0 0.0 -4.4 17,927 16,515 15,166 19,433 34,442 37,896 -9.1

 Nondefense aircraft and parts.............. 15,507 14,750 21,150 5.1 -30.3 9.0 13,550 13,092 31,165 11,797 26,642 18,863 41.2

 Defense aircraft and parts................... 4,294 4,124 6,111 4.1 -32.5 142.8 3,988 4,351 8,675 2,965 8,339 5,629 48.1

 Ships and boats................................. 2,537 1,736 1,645 46.1 5.5 7.8 2,537 2,237 2,606 1,990 4,774 5,298 -9.9

 Furniture and related products................. 6,503 6,455 6,567 0.7 -1.7 -2.3 6,623 6,116 5,677 7,045 12,739 13,847 -8.0

 Nondurable goods industries.................. 212,149 215,348 215,348 -1.5 0.0 -0.4 204,452 204,066 206,687 181,670 408,518 365,010 11.9

p

 Preliminary r Revised NA Not available.

1

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

2

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

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

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

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

Current Industrial Reports: M3-3(06), "Manufacturers' Shipments, Inventories, and Orders: 2001-2006."

Year to date
 4 

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2008p 2008r 2007 Feb. Jan. Dec. 2008p 2008r 2007 2007 08/07

All manufacturing industries 1................... 822,394 814,895 808,034 0.9 0.8 2.5 833,467 823,553 807,753 703,374 18.5

 Excluding transportation 1................... 336,109 336,300 333,776 -0.1 0.8 1.3 340,396 336,687 328,383 313,722 8.5

 Excluding defense 1............................. 658,462 651,943 645,965 1.0 0.9 2.5 666,275 657,478 644,271 543,149 22.7

 Durable goods industries 1..................... 822,394 814,895 808,034 0.9 0.8 2.5 833,467 823,553 807,753 703,374 18.5

 Primary metals........................................ 28,250 27,817 27,511 1.6 1.1 1.4 29,162 28,193 27,040 27,808 4.9

 Iron and steel mills.............................. 17,187 16,996 16,522 1.1 2.9 1.8 17,728 17,211 16,167 16,680 6.3

 Aluminum and nonferrous metals......... 8,191 7,984 8,115 2.6 -1.6 1.7 8,473 8,104 8,048 8,147 4.0

 Ferrous metal foundries...................... 2,872 2,837 2,874 1.2 -1.3 -1.2 2,961 2,878 2,825 2,981 -0.7

 Fabricated metal products...................... 59,693 59,614 59,707 0.1 -0.2 2.3 59,156 58,526 57,879 55,369 6.8

 Machinery............................................. 91,529 93,509 90,720 -2.1 3.1 2.4 93,771 94,510 89,282 81,698 14.8

 Construction machinery....................... 9,896 10,301 9,980 -3.9 3.2 -1.6 10,547 10,807 9,907 10,026 5.2

 Mining, oil field, and

 gas field machinery........................ 4,096 4,035 3,887 1.5 3.8 7.1 4,124 4,005 3,888 3,532 16.8

 Industrial machinery............................ 15,600 15,441 14,968 1.0 3.2 2.8 15,851 15,541 14,344 13,771 15.1

 Photographic equipment...................... 1,677 1,738 1,543 -3.5 12.6 0.8 1,718 1,734 1,472 1,537 11.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 14,667 16,642 15,626 -11.9 6.5 6.0 14,966 16,821 15,157 11,360 31.7

 Metalworking machinery....................... 8,031 8,052 8,108 -0.3 -0.7 3.3 8,252 8,078 7,885 7,106 16.1

 Turbines, generators, and other 

 power transmission equipment....... 13,269 13,093 13,013 1.3 0.6 1.2 13,504 13,152 13,164 12,627 6.9

 Material handling equipment............... 10,362 10,299 10,063 0.6 2.3 -0.5 10,698 10,385 10,026 9,294 15.1

 Computers and electronic products 1...... 118,273 117,371 118,137 0.8 -0.6 0.5 119,800 118,091 117,774 112,169 6.8

 Computers......................................... 3,201 3,051 3,611 4.9 -15.5 4.3 3,201 3,051 3,611 3,265 -2.0

 Nondefense communications

 equipment...................................... 28,189 28,039 28,283 0.5 -0.9 0.8 28,501 27,789 27,635 27,547 3.5

 Defense communications equipment... 7,141 7,196 7,185 -0.8 0.2 1.9 7,135 7,258 7,318 6,092 17.1

 Semiconductors 1

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

 Electronic components....................... 10,551 10,373 10,373 1.7 0.0 -2.5 10,737 10,366 10,210 10,610 1.2

 Nondefense search and navigation

 equipment..................................... 6,169 6,071 6,110 1.6 -0.6 -1.8 6,392 6,277 6,078 5,619 13.8

 Defense search and navigation

 equipment...................................... 36,030 35,813 35,527 0.6 0.8 0.4 36,531 36,157 35,785 34,158 6.9

 Electromedical, measuring,

 and control instruments.................... 26,992 26,828 27,048 0.6 -0.8 1.0 27,303 27,193 27,137 24,878 9.7

 Electrical equipment, appliances, 

 and components................................... 25,065 24,316 23,872 3.1 1.9 0.5 25,535 24,134 23,024 23,953 6.6

 Electric lighting equipment................... 2,715 2,555 2,640 6.3 -3.2 -0.9 2,677 2,487 2,499 2,497 7.2

 Household appliances.......................... 710 670 801 6.0 -16.4 -4.4 847 711 640 1,038 -18.4

 Electrical equipment............................ 16,121 15,651 14,990 3.0 4.4 -0.5 16,307 15,497 14,601 13,886 17.4

 Transportation equipment........................ 486,285 478,595 474,258 1.6 0.9 3.3 493,071 486,866 479,370 389,652 26.5

 Motor vehicle bodies, parts, 

 and trailers.................................... 17,996 18,298 18,717 -1.7 -2.2 -2.4 18,617 18,893 18,912 21,568 -13.7

 Nondefense aircraft and parts.............. 319,921 312,983 308,537 2.2 1.4 4.0 323,347 317,981 312,321 223,723 44.5

 Defense aircraft and parts................... 45,916 46,178 45,694 -0.6 1.1 6.6 47,389 47,710 46,226 44,790 5.8

 Ships and boats................................. 18,056 17,644 18,123 2.3 -2.6 -2.3 18,938 18,551 18,184 19,412 -2.4

 Furniture and related products................. 7,303 7,353 7,445 -0.7 -1.2 -1.7 6,976 6,913 7,000 7,207 -3.2

p

 Preliminary r Revised NA Not available.

1

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

See note at end of Table 2 relating to survey error and revision.
 5

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2008p 2008r 2007 Feb. Jan. Dec. 2008p 2008r 2007 2007 08/07

 All manufacturing industries ..................... 538,367 535,528 528,722 0.5 1.3 0.9 541,318 532,872 514,222 512,614 5.6

 Excluding transportation ...................... 454,499 452,573 446,726 0.4 1.3 0.5 457,018 450,554 435,501 436,910 4.6

 Excluding defense ............................. 514,949 512,507 505,533 0.5 1.4 0.7 517,889 510,066 491,498 491,837 5.3

 With unfilled orders ............................. 256,692 255,094 253,277 0.6 0.7 1.0 258,878 254,641 246,416 245,893 5.3

 Durable goods industries ........................ 323,649 322,085 320,351 0.5 0.5 1.1 326,900 321,485 311,268 313,882 4.1

 Wood products................................. ....... 10,222 10,328 10,456 -1.0 -1.2 0.6 10,447 10,358 10,273 11,160 -6.4

 Nonmetallic mineral products................... 12,239 12,211 12,168 0.2 0.4 1.4 12,518 12,227 11,914 12,223 2.4

 Primary metals............................ ............ 30,967 30,807 30,730 0.5 0.3 -0.1 31,074 30,977 30,718 31,196 -0.4

 Iron and steel mills............................... 17,572 17,500 17,285 0.4 1.2 -0.2 17,536 17,587 17,334 17,645 -0.6

 Aluminum and nonferrous metals......... 10,849 10,752 10,863 0.9 -1.0 0.0 10,935 10,812 10,828 11,033 -0.9

 Ferrous metal foundries........................ 2,546 2,555 2,582 -0.4 -1.0 0.4 2,603 2,578 2,556 2,518 3.4

 Fabricated metal products......................... 42,208 42,315 42,296 -0.3 0.0 0.6 42,852 42,431 41,325 42,184 1.6

 Machinery.............................................. 52,912 52,610 52,172 0.6 0.8 0.7 53,852 52,618 50,492 50,966 5.7

 Farm machinery.................................. 2,711 2,702 2,674 0.3 1.0 4.2 3,016 2,834 2,685 2,535 19.0

 Construction machinery........................ 5,216 5,166 5,097 1.0 1.4 -0.6 5,295 5,106 4,921 4,876 8.6

 Mining, oil field, 

 and gas field machinery.................... 4,043 4,023 4,002 0.5 0.5 0.3 4,046 3,984 3,822 3,597 12.5

 Industrial machinery............................. 7,643 7,635 7,617 0.1 0.2 0.1 7,776 7,527 7,421 7,999 -2.8

 Photographic equipment...................... 1,096 1,093 1,104 0.3 -1.0 -8.6 1,105 1,097 1,037 1,223 -9.6

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,659 4,625 4,580 0.7 1.0 0.9 4,710 4,490 4,184 4,414 6.7

 Metalworking machinery....................... 4,221 4,198 4,320 0.5 -2.8 1.0 4,192 4,117 4,167 4,014 4.4

 Turbines, generators, and other

 power transmission equipment.......... 6,406 6,372 6,167 0.5 3.3 0.6 6,455 6,416 5,976 5,797 11.4

 Material handling equipment.................. 3,130 3,098 3,031 1.0 2.2 1.1 3,181 3,136 2,945 2,954 7.7

 Computers and electronic products ......... 44,529 44,217 44,179 0.7 0.1 0.6 44,857 44,042 42,795 44,702 0.3

 Computers......................................... 1,130 1,111 1,157 1.7 -4.0 1.8 1,116 1,047 1,154 1,109 0.6

 Computer storage devices.................... 1,414 1,384 1,401 2.2 -1.2 5.3 1,466 1,354 1,241 1,325 10.6

 Other peripheral equipment................... 2,099 2,063 2,067 1.7 -0.2 1.0 2,124 2,040 1,914 2,147 -1.1

 Nondefense communications

 equipment...................................... 6,485 6,443 6,495 0.7 -0.8 2.7 6,629 6,552 6,337 6,793 -2.4

 Defense communications equipment...... 996 1,012 966 -1.6 4.8 -2.4 989 981 942 795 24.4

 Audio and video equipment.................. 1,336 1,281 1,255 4.3 2.1 10.2 1,247 1,270 1,251 1,106 12.7

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

 Electronic components.......................... 7,335 7,218 7,222 1.6 -0.1 -1.4 7,354 7,238 6,989 7,315 0.5

 Nondefense search and navigation

 equipment...................................... 3,518 3,486 3,440 0.9 1.3 2.4 3,506 3,433 3,356 2,919 20.1

 Defense search and navigation

 equipment....................................... 2,579 2,619 2,575 -1.5 1.7 -1.5 2,603 2,617 2,504 2,494 4.4

 Electromedical, measuring 

 and control instruments.................... 10,883 10,897 10,903 -0.1 -0.1 -1.6 11,066 10,898 10,641 11,165 -0.9

 Electrical equipment, appliances, 

 and components.................................... 15,321 15,128 14,887 1.3 1.6 0.6 15,715 15,239 14,512 14,678 7.1

 Electric lighting equipment................... 1,930 1,905 1,898 1.3 0.4 1.6 1,984 1,900 1,796 1,936 2.5

 Household appliances.......................... 1,807 1,803 1,826 0.2 -1.3 0.6 1,849 1,784 1,635 1,725 7.2

 Electrical equipment............................. 5,775 5,674 5,494 1.8 3.3 2.0 5,960 5,836 5,543 5,312 12.2

 Batteries............................................ 518 517 507 0.2 2.0 0.2 520 501 472 483 7.7

 Transportation equipment......................... 83,868 82,955 81,996 1.1 1.2 2.7 84,300 82,318 78,721 75,704 11.4

 Automobiles....................................... 2,392 2,516 2,363 -4.9 6.5 3.2 2,430 2,630 2,107 2,386 1.8

 Light trucks and utility vehicles............. 2,540 2,485 2,757 2.2 -9.9 1.3 2,472 2,266 2,449 2,850 -13.3

 Heavy duty trucks ............................... 1,463 1,452 1,478 0.8 -1.8 -3.5 1,467 1,434 1,413 1,372 6.9

 Motor vehicle bodies, parts, 

 and trailers...................................... 17,163 17,297 17,355 -0.8 -0.3 -0.2 17,368 17,405 16,953 19,181 -9.5

 Nondefense aircraft and parts............... 35,624 35,133 33,875 1.4 3.7 3.3 35,786 34,691 32,282 28,155 27.1

 Defense aircraft and parts..................... 13,971 13,907 13,747 0.5 1.2 5.1 13,954 13,747 13,488 12,352 13.0

 Ships and boats.................................. 2,357 2,344 2,312 0.6 1.4 -0.8 2,424 2,363 2,268 2,455 -1.3

 Furniture and related products................. 8,431 8,462 8,498 -0.4 -0.4 0.1 8,284 8,399 8,239 8,761 -5.4

 Miscellaneous durable goods.................... 22,952 23,052 22,969 -0.4 0.4 -0.1 23,001 22,876 22,279 22,308 3.1

 Nondurable goods industries...................... 214,718 213,443 208,371 0.6 2.4 0.6 214,418 211,387 202,954 198,732 7.9

 Food products........................................ 37,993 37,732 37,237 0.7 1.3 0.7 38,037 37,704 37,169 35,521 7.1

 Grain and oilseed milling........................ 4,666 4,491 4,398 3.9 2.1 0.0 4,829 4,629 4,449 4,152 16.3

 Dairy products.................................... 4,423 4,468 4,543 -1.0 -1.7 -1.5 4,379 4,347 4,209 4,240 3.3

 Meat, poultry, and seafood products...... 7,598 7,537 7,433 0.8 1.4 1.3 7,605 7,419 7,348 6,842 11.2

 Beverage and tobacco products................ 14,875 14,760 14,605 0.8 1.1 0.2 15,136 15,038 14,571 14,761 2.5

 Beverages......................................... 10,952 10,893 10,752 0.5 1.3 0.4 11,012 10,964 10,608 10,426 5.6

 Tobacco............................................ 3,923 3,867 3,853 1.4 0.4 -0.5 4,124 4,074 3,963 4,335 -4.9

 Textile mills............................................ 3,809 3,824 3,837 -0.4 -0.3 0.3 3,866 3,846 3,775 3,974 -2.7

 Textile products...................................... 3,474 3,490 3,482 -0.5 0.2 0.3 3,484 3,493 3,357 3,568 -2.4

 Apparel................................................. 3,958 3,939 3,917 0.5 0.6 -1.0 3,880 3,903 3,740 3,768 3.0

 Leather and allied products...................... 890 892 872 -0.2 2.3 -3.1 895 919 844 905 -1.1

 Paper products....................................... 15,488 15,475 15,746 0.1 -1.7 2.1 15,664 15,505 15,603 15,631 0.2

 Pulp, paper, and paperboard mills.......... 7,065 7,062 7,228 0.0 -2.3 1.4 7,167 7,085 7,257 7,219 -0.7

 Paperboard containers......................... 3,918 3,880 3,897 1.0 -0.4 1.6 3,982 3,930 3,879 4,051 -1.7

 Printing.................................................. 6,662 6,477 6,802 2.9 -4.8 2.4 6,468 6,152 6,351 6,556 -1.3

 Petroleum and coal products..................... 41,033 40,310 37,501 1.8 7.5 2.8 39,440 38,467 34,567 30,793 28.1

 Petroleum refineries............................. 38,302 37,642 34,893 1.8 7.9 2.6 36,722 35,895 32,156 28,000 31.2

 Chemical products..................................... 65,230 65,411 63,303 -0.3 3.3 -0.9 65,734 64,989 62,104 62,689 4.9

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,621 2,620 2,632 0.0 -0.5 -0.5 3,073 2,950 2,816 2,894 6.2

 Pharmaceuticals and medicines............. 24,970 25,223 23,527 -1.0 7.2 -3.5 24,646 24,380 22,738 24,294 1.4

 Paints, coatings, and adhesives............. 3,072 3,063 3,065 0.3 -0.1 0.3 3,166 3,062 2,908 3,124 1.3

 Plastics and rubber products..................... 21,306 21,133 21,069 0.8 0.3 0.2 21,814 21,371 20,873 20,566 6.1

p

 Preliminary r Revised NA Not available.

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

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

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

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. 2008/

2008p 2008r 2007 Feb. Jan. Dec. 2008p 2008r 2007 2007 2008p 2007 2007

SHIPMENTS

 All manufacturing industries .................. 422,952 431,930 427,095 -2.1 1.1 -0.4 410,676 399,085 414,514 378,463 809,761 750,520 7.9

 Construction materials and supplies...... 42,456 41,724 41,367 1.8 0.9 -2.8 39,866 37,003 36,695 38,718 76,869 76,824 0.1

 Information technology......................... 26,594 27,594 27,209 -3.6 1.4 1.1 24,408 23,018 32,488 23,546 47,426 44,713 6.1

 Computers and related products .......... 5,557 5,745 5,822 -3.3 -1.3 3.6 4,787 4,587 7,590 4,789 9,374 9,036 3.7

 Motor vehicle and parts........................ 35,926 36,938 36,947 -2.7 0.0 -2.0 37,617 34,159 32,385 38,975 71,776 74,647 -3.8

 Capital goods...................................... 75,130 78,295 76,372 -4.0 2.5 0.9 72,104 67,689 82,839 67,391 139,793 129,528 7.9

 Nondefense capital goods 3

.................. 66,465 69,346 68,280 -4.2 1.6 1.4 63,319 60,124 73,982 59,275 123,443 114,713 7.6

 Excluding aircraft............................. 61,461 62,662 62,898 -1.9 -0.4 1.6 58,514 56,011 67,216 54,747 114,525 106,906 7.1

 Defense capital goods 4....................... 8,665 8,949 8,092 -3.2 10.6 -3.4 8,785 7,565 8,857 8,116 16,350 14,815 10.4

 Consumer goods.................................. 171,381 174,117 174,933 -1.6 -0.5 -0.4 166,361 163,364 170,311 148,347 329,725 294,747 11.9

 Consumer durable goods..................... 32,850 33,684 33,469 -2.5 0.6 -1.6 32,988 30,250 32,441 32,768 63,238 62,684 0.9

 Consumer nondurable goods............... 138,531 140,433 141,464 -1.4 -0.7 -0.1 133,373 133,114 137,870 115,579 266,487 232,063 14.8

 All manufacturing industries 5

................. 424,416 430,072 440,035 -1.3 -2.3 2.0 414,429 406,483 441,955 381,314 820,912 758,439 8.2

 Construction materials and supplies...... 40,707 42,548 42,711 -4.3 -0.4 -2.2 38,554 38,725 37,756 40,114 77,279 79,491 -2.8

 Information technology......................... 27,336 27,022 28,294 1.2 -4.5 5.6 25,995 23,596 34,552 24,252 49,591 46,409 6.9

 Computers and related products .......... 5,707 5,185 5,972 10.1 -13.2 5.1 4,937 4,027 7,740 4,706 8,964 8,894 0.8

 Motor vehicle and parts........................ 35,624 36,519 36,485 -2.5 0.1 -3.4 37,341 34,140 32,675 38,960 71,481 75,248 -5.0

 Capital goods...................................... 83,858 84,689 92,694 -1.0 -8.6 11.3 81,236 79,426 111,598 73,224 160,662 142,402 12.8

 Nondefense capital goods 3

.................. 74,258 74,878 81,127 -0.8 -7.7 5.4 71,523 69,729 93,970 65,435 141,252 125,739 12.3

 Excluding aircraft............................. 62,611 64,145 64,768 -2.4 -1.0 5.2 62,141 60,566 68,199 57,335 122,707 114,090 7.6

 Defense capital goods 4....................... 9,600 9,811 11,567 -2.2 -15.2 83.1 9,713 9,697 17,628 7,789 19,410 16,663 16.5

 Consumer goods.................................. 171,154 173,835 174,716 -1.5 -0.5 -0.4 166,256 163,416 169,681 148,605 329,672 295,630 11.5

 Consumer durable goods..................... 32,623 33,402 33,252 -2.3 0.5 -1.9 32,883 30,302 31,811 33,026 63,185 63,567 -0.6

 Consumer nondurable goods.............. 138,531 140,433 141,464 -1.4 -0.7 -0.1 133,373 133,114 137,870 115,579 266,487 232,063 14.8

 All manufacturing industries 5................. 822,394 814,895 808,034 0.9 0.8 2.5 833,467 823,553 807,753 703,374 (X) (X) 18.5

 Construction materials and supplies...... 52,070 53,819 52,995 -3.2 1.6 2.6 51,637 52,949 51,227 45,805 (X) (X) 12.7

 Information technology......................... 114,918 114,176 114,748 0.6 -0.5 1.0 116,485 114,898 114,320 109,628 (X) (X) 6.3

 Computers and related products .......... 3,201 3,051 3,611 4.9 -15.5 4.3 3,201 3,051 3,611 3,265 (X) (X) -2.0

 Motor vehicle and parts........................ 17,996 18,298 18,717 -1.7 -2.2 -2.4 18,617 18,893 18,912 21,568 (X) (X) -13.7

 Capital goods...................................... 625,605 616,877 610,483 1.4 1.0 2.7 634,432 625,300 613,563 516,764 (X) (X) 22.8

 Nondefense capital goods 3..................475,645 467,852 462,320 1.7 1.2 2.9 481,610 473,406 463,801 369,717 (X) (X) 30.3

 Excluding aircraft............................. 185,444 184,294 182,811 0.6 0.8 1.0 188,279 184,652 180,097 172,104 (X) (X) 9.4

 Defense capital goods 4

....................... 149,960 149,025 148,163 0.6 0.6 2.4 152,822 151,894 149,762 147,047 (X) (X) 3.9

 Consumer goods.................................. 9,189 9,416 9,698 -2.4 -2.9 -2.2 9,351 9,456 9,404 9,542 (X) (X) -2.0

 Consumer durable goods..................... 9,189 9,416 9,698 -2.4 -2.9 -2.2 9,351 9,456 9,404 9,542 (X) (X) -2.0 

 All manufacturing industries .................. 538,367 535,528 528,722 0.5 1.3 0.9 541,318 532,872 514,222 512,614 (X) (X) 5.6

 Construction materials and supplies...... 59,137 59,210 59,305 -0.1 -0.2 0.5 60,302 59,158 57,423 60,222 (X) (X) 0.1

 Information technology......................... 37,323 37,137 37,056 0.5 0.2 0.2 37,733 37,006 35,949 36,763 (X) (X) 2.6

 Computers and related products .......... 4,643 4,558 4,625 1.9 -1.4 2.5 4,706 4,441 4,309 4,581 (X) (X) 2.7

 Motor vehicle and parts........................ 23,558 23,750 23,953 -0.8 -0.8 0.1 23,737 23,735 22,922 25,789 (X) (X) -8.0

 Capital goods...................................... 148,339 146,938 145,267 1.0 1.2 1.6 149,814 146,318 140,914 137,189 (X) (X) 9.2

 Nondefense capital goods 3..................129,671 128,715 126,818 0.7 1.5 1.2 131,118 128,150 122,671 120,447 (X) (X) 8.9

 Excluding aircraft............................. 101,826 101,229 100,606 0.6 0.6 0.5 103,122 101,010 97,722 98,723 (X) (X) 4.5

 Defense capital goods 4....................... 18,668 18,223 18,449 2.4 -1.2 4.2 18,696 18,168 18,243 16,742 (X) (X) 11.7

 Consumer goods.................................. 166,997 166,297 161,410 0.4 3.0 0.6 165,608 163,941 155,948 153,582 (X) (X) 7.8

 Consumer durable goods..................... 29,549 29,649 29,709 -0.3 -0.2 1.0 29,737 29,660 28,344 29,880 (X) (X) -0.5

 Consumer nondurable goods............... 137,448 136,648 131,701 0.6 3.8 0.5 135,871 134,281 127,604 123,702 (X) (X) 9.8

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories.

2

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

3

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

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

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

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

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

and supplies.

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

and search and navigation equipment.

5 Estimates and percent changes exclude semiconductor industry data. 

6

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

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

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 7

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Feb. Jan. Dec. Jan. - Dec. - Nov. - Feb. Jan. Dec. Feb. Feb.

2008p 2008r 2007 Feb. Jan. Dec. 2008p 2008r 2007 2007 08/07

MATERIALS AND SUPPLIES

 All manufacturing industries..................... 180,532 180,402 177,352 0.1 1.7 0.2 180,910 180,643 175,676 175,118 3.3

 Durable goods industries........................ 108,033 107,571 106,865 0.4 0.7 0.3 108,562 108,003 106,247 107,463 1.0

 Wood products................................... 4,032 4,014 4,040 0.4 -0.6 -0.3 4,130 4,136 4,202 4,263 -3.1

 Nonmetallic mineral products............... 4,821 4,814 4,674 0.1 3.0 1.1 4,842 4,818 4,625 4,554 6.3

 Primary metals.................................... 11,815 11,698 11,592 1.0 0.9 -0.5 11,673 11,758 11,934 11,744 -0.6

 Fabricated metal products..................... 15,954 16,232 16,083 -1.7 0.9 0.8 16,199 16,339 16,025 16,504 -1.8

 Machinery.......................................... 19,908 19,780 19,743 0.6 0.2 -0.2 19,998 19,920 19,359 19,397 3.1

 Computers and electronic products ...... 15,819 15,743 15,865 0.5 -0.8 -1.5 15,872 15,662 15,700 16,753 -5.3

 Electrical equipment, appliances,

 and components............................... 6,312 6,255 6,114 0.9 2.3 2.1 6,475 6,354 6,133 6,082 6.5

 Transportation equipment..................... 17,966 17,660 17,420 1.7 1.4 1.8 17,980 17,650 17,108 16,927 6.2

 Furniture and related products............... 3,821 3,815 3,804 0.2 0.3 -0.1 3,796 3,814 3,764 3,777 0.5

 Miscellaneous products........................ 7,585 7,560 7,530 0.3 0.4 0.8 7,597 7,552 7,397 7,462 1.8

 Nondurable goods industries.................... 72,499 72,831 70,487 -0.5 3.3 0.0 72,348 72,640 69,429 67,655 6.9

 Food products.................................... 13,583 13,540 13,259 0.3 2.1 -0.1 13,768 13,841 13,417 12,730 8.2

 Beverage and tobacco products............. 4,586 4,480 4,425 2.4 1.2 0.2 4,711 4,684 4,599 4,758 -1.0

 Textiles.............................................. 1,253 1,258 1,255 -0.4 0.2 1.0 1,269 1,269 1,250 1,222 3.8

 Textile products.................................. 1,411 1,410 1,401 0.1 0.6 1.6 1,401 1,406 1,376 1,377 1.7

 Apparel............................................. 1,067 1,068 1,113 -0.1 -4.0 1.3 1,072 1,069 1,105 1,085 -1.2

 Leather and allied products................... 299 303 302 -1.3 0.3 1.3 297 308 300 258 15.1

 Paper products.................................... 7,329 7,368 7,199 -0.5 2.3 -0.1 7,406 7,420 7,183 7,341 0.9

 Printing ............................................. 3,186 3,096 3,243 2.9 -4.5 2.0 3,086 3,002 3,115 3,104 -0.6

 Petroleum and coal products................ 12,241 12,711 11,466 -3.7 10.9 -1.4 11,612 11,977 10,619 10,326 12.5

 Chemical products................................ 19,349 19,434 18,733 -0.4 3.7 0.8 19,432 19,400 18,354 17,487 11.1

 Plastics and rubber products.................. 8,195 8,163 8,091 0.4 0.9 -1.3 8,294 8,264 8,111 7,967 4.1

WORK IN PROCESS

 All manufacturing industries..................... 162,468 159,944 156,505 1.6 2.2 2.1 163,149 158,724 150,946 146,128 11.6

 Durable goods industries........................ 120,713 119,406 118,084 1.1 1.1 1.9 121,497 118,735 113,710 110,267 10.2

 Wood products................................... 2,112 2,102 2,085 0.5 0.8 -1.6 2,110 2,094 2,074 2,271 -7.1

 Nonmetallic mineral products............... 1,345 1,352 1,344 -0.5 0.6 -0.4 1,390 1,349 1,276 1,392 -0.1

 Primary metals.................................... 9,933 9,834 9,839 1.0 -0.1 -0.2 10,014 9,855 9,576 10,005 0.1

 Fabricated metal products..................... 12,571 12,365 12,574 1.7 -1.7 1.7 12,631 12,312 12,139 11,593 9.0

 Machinery.......................................... 15,065 14,976 14,843 0.6 0.9 1.9 15,059 14,520 13,915 14,133 6.6

 Computers and electronic products ...... 18,053 17,839 17,529 1.2 1.8 1.0 18,151 17,793 16,784 17,279 5.0

 Electrical equipment, appliances,

 and components............................... 3,234 3,199 3,119 1.1 2.6 -0.4 3,287 3,191 3,013 3,072 7.0

 Transportation equipment..................... 53,826 53,075 52,185 1.4 1.7 3.1 54,281 53,032 50,549 45,751 18.6

 Furniture and related products............... 1,297 1,298 1,286 -0.1 0.9 0.2 1,288 1,297 1,273 1,459 -11.7

 Miscellaneous products........................ 3,277 3,366 3,280 -2.6 2.6 -0.1 3,286 3,292 3,111 3,312 -0.8

 Nondurable goods industries.................... 41,755 40,538 38,421 3.0 5.5 3.0 41,652 39,989 37,236 35,861 16.1

 Food products.................................... 2,723 2,719 2,578 0.1 5.5 -1.2 2,776 2,902 2,822 3,042 -8.7

 Beverage and tobacco products............. 4,344 4,371 4,310 -0.6 1.4 -0.5 4,495 4,586 4,624 4,769 -5.7

 Textiles.............................................. 790 793 797 -0.4 -0.5 -2.0 797 799 771 938 -15.0

 Textile products.................................. 437 436 440 0.2 -0.9 -3.5 449 437 410 573 -21.6

 Apparel............................................. 609 617 639 -1.3 -3.4 0.3 603 625 587 646 -6.7

 Leather and allied products................... 101 99 96 2.0 3.1 -1.0 103 102 90 124 -16.9

 Paper products.................................... 1,428 1,441 1,527 -0.9 -5.6 9.8 1,423 1,437 1,516 1,308 8.8

 Printing ............................................. 1,498 1,456 1,576 2.9 -7.6 3.0 1,469 1,324 1,332 1,526 -3.7

 Petroleum and coal products................ 13,758 12,141 11,302 13.3 7.4 12.5 13,580 11,584 10,434 7,580 79.2

 Chemical products................................ 13,551 13,980 12,553 -3.1 11.4 -2.4 13,366 13,666 12,116 12,906 3.6

 Plastics and rubber products.................. 2,516 2,485 2,603 1.2 -4.5 3.4 2,591 2,527 2,534 2,449 5.8

FINISHED GOODS

 All manufacturing industries..................... 195,367 195,182 194,865 0.1 0.2 0.5 197,259 193,505 187,600 191,368 3.1

 Durable goods industries........................ 94,903 95,108 95,402 -0.2 -0.3 1.0 96,841 94,747 91,311 96,152 0.7

 Wood products................................... 4,078 4,212 4,331 -3.2 -2.7 2.7 4,207 4,128 3,997 4,626 -9.1

 Nonmetallic mineral products............... 6,073 6,045 6,150 0.5 -1.7 2.0 6,286 6,060 6,013 6,277 0.1

 Primary metals.................................... 9,219 9,275 9,299 -0.6 -0.3 0.7 9,387 9,364 9,208 9,447 -0.6

 Fabricated metal products..................... 13,683 13,718 13,639 -0.3 0.6 -0.5 14,022 13,780 13,161 14,087 -0.5

 Machinery.......................................... 17,939 17,854 17,586 0.5 1.5 0.8 18,795 18,178 17,218 17,436 7.8

 Computers and electronic products ...... 10,657 10,635 10,785 0.2 -1.4 3.5 10,834 10,587 10,311 10,670 1.5

 Electrical equipment, appliances,

 and components............................... 5,775 5,674 5,654 1.8 0.4 -0.4 5,953 5,694 5,366 5,524 7.8

 Transportation equipment..................... 12,076 12,220 12,391 -1.2 -1.4 2.3 12,039 11,636 11,064 13,026 -7.6

 Furniture and related products............... 3,313 3,349 3,408 -1.1 -1.7 0.2 3,200 3,288 3,202 3,525 -9.2

 Miscellaneous products........................ 12,090 12,126 12,159 -0.3 -0.3 -0.6 12,118 12,032 11,771 11,534 5.1

 Nondurable goods industries.................... 100,464 100,074 99,463 0.4 0.6 0.1 100,418 98,758 96,289 95,216 5.5

 Food products.................................... 21,687 21,473 21,400 1.0 0.3 1.4 21,493 20,961 20,930 19,749 8.8

 Beverage and tobacco products............. 5,945 5,909 5,870 0.6 0.7 0.6 5,930 5,768 5,348 5,234 13.3

 Textiles.............................................. 1,766 1,773 1,785 -0.4 -0.7 0.8 1,800 1,778 1,754 1,814 -0.8

 Textile products.................................. 1,626 1,644 1,641 -1.1 0.2 0.4 1,634 1,650 1,571 1,618 1.0

 Apparel............................................. 2,282 2,254 2,165 1.2 4.1 -2.5 2,205 2,209 2,048 2,037 8.2

 Leather and allied products................... 490 490 474 0.0 3.4 -6.1 495 509 454 523 -5.4

 Paper products.................................... 6,731 6,666 7,020 1.0 -5.0 2.8 6,835 6,648 6,904 6,982 -2.1

 Printing ............................................. 1,978 1,925 1,983 2.8 -2.9 2.4 1,913 1,826 1,904 1,926 -0.7

 Petroleum and coal products................ 15,034 15,458 14,733 -2.7 4.9 -0.5 14,248 14,906 13,514 12,887 10.6

 Chemical products................................ 32,330 31,997 32,017 1.0 -0.1 -1.4 32,936 31,923 31,634 32,296 2.0

 Plastics and rubber products.................. 10,595 10,485 10,375 1.0 1.1 0.7 10,929 10,580 10,228 10,150 7.7

p

 Preliminary r Revised

See note at end of Table 2 relating to survey error and revisions.
 8

Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders 

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio1

Industry Feb Jan Dec Nov Feb Jan Dec Nov

2008p 2008r 2007 2007 2008p 2008r 2007 2007

 All manufacturing industries2

...... 1.27 1.24 1.24 1.22 (X) (X) (X) (X)

Durable goods industries2

................... 1.54 1.49 1.51 1.49 5.50 5.38 5.44 5.31

 Wood products................................ 1.35 1.37 1.36 1.34 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.40 1.38 1.37 1.29 (X) (X) (X) (X)

 Primary metals................................. 1.49 1.49 1.51 1.52 1.36 1.35 1.35 1.34

 Fabricated metal products............... 1.65 1.63 1.65 1.61 2.42 2.38 2.42 2.33

 Machinery....................................... 1.80 1.85 1.80 1.84 3.42 3.64 3.46 3.48

 Computers and electronic products 2

.. 1.35 1.20 1.30 1.30 5.01 4.77 4.94 4.97

 Electrical equipment, appliances,

 and components............................. 1.43 1.39 1.38 1.37 2.50 2.39 2.40 2.36

 Transportation equipment................. 1.51 1.44 1.47 1.41 13.28 12.51 13.06 12.47

 Furniture and related products........... 1.29 1.29 1.27 1.25 1.25 1.27 1.25 1.26

 Miscellaneous products.................... 1.74 1.73 1.75 1.76 (X) (X) (X) (X)

Nondurable goods industries.............. 1.01 0.99 0.97 0.96 (X) (X) (X) (X)

 Food products................................... 0.77 0.76 0.76 0.76 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.36 1.31 1.30 1.27 (X) (X) (X) (X)

 Textiles.......................................... 1.36 1.34 1.33 1.33 (X) (X) (X) (X)

 Textile products............................... 1.35 1.33 1.31 1.29 (X) (X) (X) (X)

 Apparel.......................................... 1.44 1.40 1.38 1.40 (X) (X) (X) (X)

 Leather and allied products............... 1.70 1.68 1.62 1.68 (X) (X) (X) (X)

 Paper products................................ 1.10 1.09 1.12 1.09 (X) (X) (X) (X)

 Printing.......................................... 0.81 0.78 0.80 0.77 (X) (X) (X) (X)

 Petroleum and coal products............ 0.82 0.79 0.72 0.69 (X) (X) (X) (X)

 Chemical products............................. 1.21 1.20 1.16 1.19 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.24 1.23 1.23 1.21 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable

1

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

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

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

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

trucks; and miscellaneous furniture.

2 Unfilled orders to shipments ratio excludes semiconductor manufacturing.

Feb2 Feb2 Feb2 Feb2

Industry 2007- 2007- 2007- 2007-

Feb1 Jan Feb1 Jan Feb1 Jan Feb1 Jan

2008 2008 2008 2008 2008 2008 2008 2008

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

Durable goods industries...................... 0.1 0.3 0.6 0.5 0.1 0.1 0.0 0.1

 Wood products................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.5

 Nonmetallic mineral products.............. (X) 0.5 (X) (NA) (X) (NA) (X) 0.2

 Primary metals.................................... 0.0 0.4 0.0 1.0 0.0 0.6 0.0 0.2

 Fabricated metal products................... -0.2 0.3 0.9 0.5 0.2 0.2 -0.1 0.1

 Machinery.......................................... 0.2 0.4 1.0 0.8 0.2 0.3 0.1 0.2

 Computers and electronic products ..... 0.0 1.1 -0.2 1.1 0.0 0.3 0.1 0.2

 Electrical equipment, appliances,

 and components............................. -0.3 0.6 -0.6 1.4 1.9 0.5 0.3 0.4

 Transportation equipment................... 0.3 0.4 1.2 1.5 0.2 0.1 0.0 0.1

 Furniture and related products............. (X) 0.4 (X) 0.9 (X) 0.7 (X) 0.3

 Miscellaneous products...................... (X) 0.3 (X) 0.4 (X) 0.6 (X) 0.1

Nondurable goods industries.................. (X) 0.3 (X) (NA) (X) (NA) (X) 0.1

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

 Beverage and tobacco products............ (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Textiles............................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.6

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

 Apparel.............................................. (X) 2.0 (X) (NA) (X) (NA) (X) 0.9

 Leather and allied products.................. (X) 1.8 (X) (NA) (X) (NA) (X) 1.0

 Paper products................................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.3

 Printing.............................................. (X) 0.5 (X) (NA) (X) (NA) (X) 0.7

 Petroleum and coal products............... (X) 1.1 (X) (NA) (X) (NA) (X) 0.6

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

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

X Not Applicable NA Not Available

1

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

 publication.

2

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

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

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

Table 8. Revisions to Previously Published Monthly Percent Changes

[Based on Seasonally Adjusted data]

Shipments New Orders Unfilled Orders Inventories
9

NOTICE

Revised historical data for Manufacturers’ Shipments, Inventories, and Orders will be issued on 

May 16, 2008. These revisions reflect:

• benchmarking the shipments and inventory data to the 2006 Annual Survey of Manufactures

(ASM) data;

• adjusting new orders and order backlog to be consistent with the benchmarked shipments

and inventory data;

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

previously reported data; and

• updating the seasonal adjustment factors for all series.

For revised historical data go to http://www.census.gov/m3/hist/naicshist.htm. An accompanying

press release will include the revised 2008 January through March data. Please call Chris Savage on

(301)763-4832 with questions.

Survey Description 

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

(M3) survey. This survey provides statistics on manufacturers' value of shipments, new orders (net of cancellations),

end-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). The M3 includes

approximately 4,300 reporting units. Units may be divisions of diversified large companies, large homogenous

companies, or single-unit manufacturers in 89 industry categories. Due to the small monthly sample, these 89

categories have been combined into 59 publication levels. The survey methodology assumes that the month-tomonth changes of the total operations of those companies in the monthly survey effectively represent the month-tomonth movements of all establishments that make up the category. The current coverage levels in the survey show

that reported data in the monthly survey represent approximately 61 percent of the shipments estimates at the total

manufacturing level. Data published represent manufacturing in a calendar month. The data collection is based on a

voluntary survey authorized by Title 13 of the United States Code. 

The data presented in this release are based on data obtained from a panel of 4,300 reporting units and provide an

indication of the activity within the manufacturing sector. The results differ from what would be obtained from a

complete enumeration of all manufacturing companies. In addition, a different panel of 4,300 companies would

yield different results. The M3 panel is comprised of companies with $500 million or more in shipments and a

limited number of smaller companies. From a statistical perspective, the panel is not a probability sample; therefore,

the sampling errors that are normally provided with sample surveys cannot be measured. Nonsampling errors are

attributable to many sources. The use of company or divisional reports to estimate the monthly change for

establishments is one source of nonsampling error. The use of primarily large companies to represent the month-tomonth movement of all companies is another potential source. Any corrections in the data 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: http://www.census.gov/m3.