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FOR RELEASE AT 10:00 AM EDT, THURSDAY, AUGUST 3, 2023

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

JUNE 2023 

Release Number: CB 23-117 M3-2 (23)-06 

August 3, 2023 — The U.S. Census Bureau announces the June full report on manufacturers’ shipments, 

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

JUNE 2023 $592.0 billion +2.3%°

MAY 2023 

(revised) $578.6 billion +0.4%°

Next release: September 5, 2023

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, August 3, 2023. 

Summary

New orders for manufactured goods in June, up six of the last seven months, increased $13.4 billion or 2.3 

percent to $592.0 billion, the U.S. Census Bureau reported today. This followed a 0.4 percent May

increase. Shipments, up two consecutive months, increased $0.7 billion or 0.1 percent to $573.9 billion. 

This followed a 0.4 percent May increase. Unfilled orders, up six of the last seven months, increased $23.1

billion or 1.8 percent to $1,325.1 billion. This followed a 0.8 percent May increase. The unfilled orders-toshipments ratio was 6.74, up from 6.64 in May. Inventories, down four of the last five months, decreased 

$0.3 billion or virtually unchanged to $853.1 billion. This followed a 0.2 percent May decrease. The 

inventories-to-shipments ratio was 1.49, unchanged from May. 

New Orders

New orders for manufactured durable goods in June, up four consecutive months, increased $13.2 billion 

or 4.6 percent to $302.1 billion, down from the previously published 4.7 percent increase. This followed a

2.0 percent May increase. Transportation equipment, also up four consecutive months, led the increase, 

$12.3 billion or 12.0 percent to $115.2 billion. New orders for manufactured nondurable goods increased 

$0.2 billion or 0.1 percent to $290.0 billion. 

-1.6%

-0.1%

0.1%

0.9%

-2.4%

1.0%

0.0%

-1.7%

0.6%

0.3% 0.4%

2.3%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23

MANUFACTURERS' NEW ORDERS 2022-2023

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, August 3, 2023.
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Shipments

Shipments of manufactured durable goods in June, up three of the last four months, increased $0.5 billion 

or 0.2 percent to $284.0 billion, down from the previously published 0.3 percent increase. This followed a

2.0 percent May increase. Fabricated metal products, up four of the last five months, led the increase, 

$0.4 billion or 1.2 percent to $35.8 billion. Shipments of manufactured nondurable goods, up following 

four consecutive monthly decreases, increased $0.2 billion or 0.1 percent to $290.0 billion. This followed a 

1.1 percent May decrease. Beverage and tobacco products, up seven of the last eight months, drove the 

increase, $0.4 billion or 2.5 percent to $17.9 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in June, up six of the last seven months, increased $23.1

billion or 1.8 percent to $1,325.1 billion, unchanged from the previously published increase. This followed 

a 0.8 percent May increase. Transportation equipment, also up six of the last seven months, led the 

increase, $23.0 billion or 2.9 percent to $826.9 billion.

Inventories

Inventories of manufactured durable goods in June, up six of the last seven months, increased $0.7 billion 

or 0.1 percent to $523.4 billion, unchanged from the previously published increase. This followed a 0.2

percent May increase. Machinery, up thirty-two consecutive months, led the increase, $0.4 billion or 0.4 

percent to $94.9 billion. Inventories of manufactured nondurable goods, down seven of the last eight

months, decreased $1.0 billion or 0.3 percent to $329.7 billion. This followed a 0.9 percent May decrease. 

Petroleum and coal products, also down seven of the last eight months, led the decrease, $0.4 billion or

0.8 percent to $44.0 billion. By stage of fabrication, June materials and supplies increased 0.2 percent in 

durable goods and decreased 0.2 percent in nondurable goods. Work in process decreased 0.2 percent in

durable goods and was virtually unchanged in nondurable goods. Finished goods increased 0.4 percent in

durable goods and decreased 0.5 percent in nondurable goods. 

The Advance Report on durable goods for July is scheduled for release on August 24, 2023, at 8:30 a.m. 

EDT and the Full Report on September 5, 2023, at 10:00 a.m. EDT. View the full schedule in the Economic

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

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

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

exclude data for semiconductor manufacturing. 

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

decrease.

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure 

avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board 

(DRB) approval number: CBDRB-FY23-0265).

Description of the survey 

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

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

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

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

current cost or market value), and inventories by stage of fabrication (materials and supplies, work-inprocess, and finished goods). Data published from the M3 survey are based on a panel of approximately 

5,000 reporting units that represent approximately 3,100 companies and provide an indication of monthto-month change for the Manufacturing Sector. These reporting units may be divisions of diversified large 

companies, large homogenous companies, or single-unit manufacturers in 92 industry categories, which 

are combined into 65 publication levels due to the small monthly panel size. The survey methodology 

assumes that the month-to-month changes of the total operations of the reporting units in the M3 panel 

effectively represent the month-to-month movements of all establishments that make up the category. 

The companies for which shipments data are currently reported or imputed in the M3 survey represent 

approximately 60 percent of the total value of shipments for manufacturing establishments in the 2017

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

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

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

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

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

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

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

Benchmark notice

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

issued on May 12, 2023. These revisions result from

• Benchmarking the M3 shipments and inventories data to the 2021 and 2020 Annual Survey of 

Manufactures (ASM) data; 

• Incorporating the unfilled orders to shipments ratios obtained for 2021, 2020, and 2019 from the 

Manufacturers’ Unfilled Orders (M3UFO) Survey;

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

orders data;

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

previously reported data;

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

review of the seasonal adjustment models. 

These revisions spanned the seasonally adjusted data for January 2012 through March 2023 and the data 

not seasonally adjusted for January 2017 through March 2023. An updated Press Release contains revised 

monthly tables for January 2023 through March 2023.

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/>. 
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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

June May Apr. May - Apr. - Mar. - June May Apr. June 2023/

2023p 2023r 2023 June May Apr. 2023p 2023r 2023 2022 2023p 2022 2022

 All manufacturing industries.................. 573,925 573,181 571,029 0.1 0.4 -0.6 610,022 588,352 557,840 625,963 3,445,206 3,417,207 0.8

 Excluding transportation................... 481,706 481,128 483,376 0.1 -0.5 -0.5 508,842 496,388 475,310 536,020 2,907,411 2,934,243 -0.9

 Excluding defense.............................. 558,112 557,732 555,414 0.1 0.4 -0.8 593,369 573,290 543,055 610,847 3,354,621 3,333,848 0.6

 With unfilled orders............................ 196,711 195,943 192,445 0.4 1.8 -0.8 214,962 199,334 185,156 205,268 1,167,643 1,116,551 4.6

 Durable goods industries......................... 283,957 283,412 277,924 0.2 2.0 -0.6 307,892 288,023 267,057 295,504 1,682,117 1,609,509 4.5

 Wood products....................................... 13,334 13,385 13,285 -0.4 0.8 -1.0 14,662 14,634 13,843 14,900 80,809 83,068 -2.7

 Nonmetallic mineral products.................... 13,278 13,297 13,136 -0.1 1.2 0.3 14,740 14,169 12,728 14,522 78,249 76,197 2.7

 Primary metals....................................... 26,937 26,912 26,772 0.1 0.5 -0.1 28,473 28,154 26,647 29,795 164,625 167,225 -1.6

 Iron and steel mills............................ 14,928 14,942 14,926 -0.1 0.1 -0.2 15,746 15,848 14,817 16,105 91,249 89,734 1.7

 Aluminum and nonferrous metals.......... 10,362 10,320 10,190 0.4 1.3 0.3 10,900 10,537 10,165 11,890 62,955 67,783 -7.1

 Ferrous metal foundries....................... 1,647 1,650 1,656 -0.2 -0.4 -2.1 1,827 1,769 1,665 1,800 10,421 9,708 7.3

 Fabricated metal products....................... 35,761 35,327 35,246 1.2 0.2 -0.4 37,994 36,874 34,629 38,264 213,137 214,216 -0.5

 Machinery............................................. 37,749 37,696 37,579 0.1 0.3 0.8 41,375 39,077 36,722 40,112 227,698 219,418 3.8

 Farm machinery................................. 2,601 2,549 2,465 2.0 3.4 2.9 2,709 2,690 2,883 3,565 15,818 21,201 -25.4

 Construction machinery..................... 4,382 4,350 4,181 0.7 4.0 -0.9 4,916 4,605 4,281 4,153 26,355 21,831 20.7

 Mining, oil field, and 

 gas field machinery.......................... 1,680 1,800 1,767 -6.7 1.9 5.7 1,693 1,807 1,661 1,506 10,211 8,374 21.9

 Industrial machinery.......................... 3,656 3,351 3,593 9.1 -6.7 -4.5 4,244 3,194 3,324 4,247 21,501 21,930 -2.0

 Photographic equipment...................... 656 663 636 -1.1 4.2 1.9 750 677 539 714 3,771 3,651 3.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,797 4,864 4,740 -1.4 2.6 1.5 5,917 5,415 4,527 5,609 28,932 27,095 6.8

 Metalworking machinery..................... 2,599 2,764 2,854 -6.0 -3.2 5.1 2,758 2,761 2,615 2,952 16,288 16,549 -1.6

 Turbines, generators, and other

 power transmission equipment....... 4,020 4,076 4,096 -1.4 -0.5 0.4 4,081 4,248 4,021 3,592 23,927 21,184 12.9

 Material handling equipment............... 4,176 4,062 3,927 2.8 3.4 2.7 4,365 4,204 3,751 3,724 23,962 21,778 10.0

 Computers and electronic products2.......... 29,279 29,245 29,107 0.1 0.5 -0.4 31,367 27,436 26,418 31,107 169,560 165,148 2.7

 Computers........................................ 814 843 811 -3.4 3.9 2.4 992 836 770 899 4,691 4,280 9.6

 Computer storage devices..................... 376 428 420 -12.1 1.9 11.1 500 371 384 493 2,333 2,111 10.5

 Other peripheral equipment................ 858 781 826 9.9 -5.4 -0.1 971 643 651 668 4,495 3,045 47.6

 Nondefense communications

 equipment.................................... 2,815 2,780 2,833 1.3 -1.9 -1.8 3,515 2,509 2,458 3,635 16,599 16,713 -0.7

 Defense communications equipment.... 198 205 206 -3.4 -0.5 1.5 200 192 200 201 1,172 1,132 3.5

 Audio and video equipment.................... 494 477 378 3.6 26.2 0.3 434 471 312 303 2,268 2,410 -5.9

 Electronic components......................... 4,713 4,675 4,554 0.8 2.7 -3.1 5,030 4,739 4,288 5,035 28,033 27,540 1.8

 Nondefense search and navigation

 equipment...................................... 1,629 1,649 1,645 -1.2 0.2 1.4 1,756 1,623 1,479 1,755 9,647 9,468 1.9

 Defense search and navigation

 equipment..................................... 3,285 3,292 3,250 -0.2 1.3 1.7 3,397 3,237 3,151 3,295 18,930 18,384 3.0

 Electromedical, measuring,

 and control instruments................. 8,928 8,893 8,900 0.4 -0.1 0.4 9,734 8,337 8,157 9,677 51,380 50,565 1.6

 Electrical equipment, appliances, 

 and components................................... 14,025 14,048 13,907 -0.2 1.0 -1.1 15,593 14,308 13,352 14,621 83,841 77,094 8.8

 Electric lighting equipment..................... 1,317 1,296 1,275 1.6 1.6 0.0 1,401 1,353 1,230 1,275 7,627 7,104 7.4

 Household appliances........................ 2,351 2,365 2,311 -0.6 2.3 -0.8 2,602 2,429 2,156 2,746 13,873 13,992 -0.9

 Electrical equipment............................ 4,480 4,559 4,549 -1.7 0.2 -0.6 5,275 4,631 4,300 4,727 27,675 23,799 16.3

 Batteries........................................... 1,355 1,297 1,331 4.5 -2.6 -5.8 1,415 1,267 1,237 996 7,658 5,493 39.4

 Transportation equipment........................ 92,219 92,053 87,653 0.2 5.0 -1.6 101,180 91,964 82,530 89,943 537,795 482,964 11.4

 Automobiles..................................... 9,101 9,157 8,887 -0.6 3.0 0.0 9,442 9,430 8,457 8,258 53,325 47,230 12.9

 Light trucks and utility vehicles.............. 21,624 21,761 20,564 -0.6 5.8 -0.6 22,888 21,024 18,810 22,056 125,241 115,284 8.6

 Heavy duty trucks ............................. 3,000 2,977 2,884 0.8 3.2 8.4 3,243 3,127 2,731 2,600 17,525 14,133 24.0

 Motor vehicle bodies, parts, 

 and trailers.................................... 29,035 28,913 28,868 0.4 0.2 -0.5 30,568 30,288 28,239 29,516 177,433 169,740 4.5

 Nondefense aircraft and parts................ 13,834 13,821 10,694 0.1 29.2 -14.5 18,396 12,694 9,323 11,912 72,331 52,157 38.7

 Defense aircraft and parts.................. 4,818 4,779 4,922 0.8 -2.9 5.5 5,293 4,723 4,473 5,104 27,914 26,348 5.9

 Ships and boats................................. 3,754 3,754 3,821 0.0 -1.8 -0.9 4,008 3,995 3,802 3,666 23,170 20,876 11.0

 Furniture and related products.................. 6,896 6,846 6,812 0.7 0.5 -1.0 7,175 6,876 6,592 7,077 40,707 40,117 1.5

 Miscellaneous durable goods................. 14,479 14,603 14,427 -0.8 1.2 -0.2 15,333 14,531 13,596 15,163 85,696 84,062 1.9

 Nondurable goods industries..................... 289,968 289,769 293,105 0.1 -1.1 -0.7 302,130 300,329 290,783 330,459 1,763,089 1,807,698 -2.5

 Food products....................................... 79,251 79,335 79,675 -0.1 -0.4 -0.6 79,266 79,587 77,878 79,942 472,773 470,488 0.5

 Grain and oilseed milling....................... 9,791 9,772 9,919 0.2 -1.5 -1.4 9,758 9,821 9,496 10,111 59,382 58,857 0.9

 Dairy products.................................. 11,551 11,560 11,656 -0.1 -0.8 -1.1 11,556 11,740 11,415 11,995 69,329 69,084 0.4

 Meat, poultry, and seafood products... 23,841 24,019 24,071 -0.7 -0.2 -0.6 24,902 24,780 23,883 25,781 144,184 148,617 -3.0

 Beverage and tobacco products................ 17,871 17,437 17,243 2.5 1.1 0.2 18,698 18,015 17,294 16,930 102,450 90,680 13.0

 Beverages......................................... 10,741 10,671 10,690 0.7 -0.2 -0.1 11,568 11,249 10,741 10,879 63,543 59,367 7.0

 Tobacco............................................ 7,130 6,766 6,553 5.4 3.3 0.7 7,130 6,766 6,553 6,051 38,907 31,313 24.3

 Textile mills........................................... 2,099 2,103 2,119 -0.2 -0.8 0.1 2,223 2,148 2,130 2,390 12,825 13,745 -6.7

 Textile products................................... 1,999 1,988 1,996 0.6 -0.4 -0.7 2,147 2,072 2,049 2,234 12,196 12,634 -3.5

 Apparel................................................ 825 870 884 -5.2 -1.6 5.2 784 836 766 793 4,824 4,635 4.1

 Leather and allied products...................... 479 477 484 0.4 -1.4 -1.8 483 497 507 445 2,942 2,619 12.3

 Paper products...................................... 17,419 17,453 17,444 -0.2 0.1 -0.7 17,921 17,997 16,802 17,810 104,792 103,255 1.5

 Pulp, paper, and paperboard mills....... 6,941 6,936 7,033 0.1 -1.4 0.0 6,969 7,141 6,841 6,768 41,800 39,969 4.6

 Paperboard containers........................ 6,359 6,378 6,234 -0.3 2.3 -1.5 6,702 6,468 5,916 6,691 37,825 37,952 -0.3

 Printing................................................. 7,306 7,176 7,251 1.8 -1.0 -0.7 7,383 7,233 6,993 7,360 42,977 41,819 2.8

 Petroleum and coal products.................. 60,643 61,441 64,647 -1.3 -5.0 -1.2 65,742 66,554 66,235 94,661 391,112 457,042 -14.4

 Petroleum refineries.......................... 55,802 56,579 59,873 -1.4 -5.5 -1.3 60,201 61,307 61,737 89,149 363,653 430,980 -15.6

 Chemical products..................................... 77,395 77,034 76,967 0.5 0.1 -0.6 81,095 79,808 76,064 81,127 467,472 459,344 1.8

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,823 3,752 3,743 1.9 0.2 -5.2 3,964 4,119 4,368 4,058 25,806 26,701 -3.4

 Pharmaceuticals and medicines............. 24,720 24,476 24,387 1.0 0.4 -0.4 25,607 24,993 23,150 24,422 144,817 132,777 9.1

 Paints, coatings, and adhesives.......... 4,169 4,114 4,048 1.3 1.6 -1.6 4,559 4,614 4,230 4,561 25,479 25,544 -0.3

 Plastics and rubber products.................. 24,681 24,455 24,395 0.9 0.2 -0.6 26,388 25,582 24,065 26,767 148,726 151,437 -1.8

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/>. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-

0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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

June May Apr. May - Apr. - Mar. - June May Apr. June 2023/

2023p 2023r 2023 June May Apr. 2023p 2023r 2023 2022 2023p 2022 2022

All manufacturing industries2........................ 592,045 578,626 576,416 2.3 0.4 0.3 626,660 588,969 563,158 627,926 3,472,806 3,442,814 0.9

 Excluding transportation2...................... 476,871 475,766 477,747 0.2 -0.4 -0.6 501,629 491,447 472,311 529,448 2,887,305 2,926,569 -1.3

 Excluding defense2

.............................. 576,822 560,259 555,376 3.0 0.9 -0.6 608,876 574,298 542,751 607,419 3,371,652 3,357,804 0.4

 With unfilled orders2............................. 219,846 206,456 202,964 6.5 1.7 1.7 236,290 204,287 194,903 212,227 1,224,369 1,170,779 4.6

 Durable goods industries2......................... 302,077 288,857 283,311 4.6 2.0 1.2 324,530 288,640 272,375 297,467 1,709,717 1,635,116 4.6

 Primary metals........................................ 27,013 26,901 26,683 0.4 0.8 -0.5 28,202 27,988 26,312 29,045 165,020 169,121 -2.4

 Iron and steel mills.............................. 14,965 14,963 14,931 0.0 0.2 -0.6 15,627 15,895 14,678 15,880 91,780 91,029 0.8

 Aluminum and nonferrous metals.......... 10,364 10,276 10,057 0.9 2.2 -0.5 10,784 10,364 9,903 11,462 62,801 67,977 -7.6

 Ferrous metal foundries....................... 1,684 1,662 1,695 1.3 -1.9 -0.4 1,791 1,729 1,731 1,703 10,439 10,115 3.2

 Fabricated metal products........................ 35,695 35,267 35,219 1.2 0.1 -0.2 37,507 37,951 35,576 37,598 217,881 220,614 -1.2

 Machinery............................................. 37,454 37,537 37,299 -0.2 0.6 0.4 39,746 38,321 37,055 39,985 228,843 226,527 1.0

 Construction machinery........................ 4,325 4,363 4,365 -0.9 0.0 2.4 4,505 4,323 4,510 4,042 25,803 22,825 13.0

 Mining, oil field, and

 gas field machinery.......................... 1,501 1,709 1,793 -12.2 -4.7 11.4 1,514 1,716 1,687 1,588 9,949 8,311 19.7

 Industrial machinery............................ 3,315 3,640 3,339 -8.9 9.0 -6.8 3,692 3,416 3,248 4,296 22,013 23,299 -5.5

 Photographic equipment....................... 632 643 673 -1.7 -4.5 -7.4 588 623 523 667 3,822 3,475 10.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,881 4,787 4,698 2.0 1.9 -4.9 5,675 5,318 4,627 5,521 29,778 29,051 2.5

 Metalworking machinery....................... 2,557 2,586 2,742 -1.1 -5.7 3.5 2,568 2,526 2,622 2,937 16,078 16,876 -4.7

 Turbines, generators, and other 

 power transmission equipment........... 4,290 4,055 4,037 5.8 0.4 1.0 4,351 4,227 3,962 3,650 23,885 21,121 13.1

 Material handling equipment.................. 4,170 4,043 4,011 3.1 0.8 4.5 4,632 3,975 3,643 4,075 24,161 22,979 5.1

 Computers and electronic products2........... 24,544 24,165 23,970 1.6 0.8 -1.8 26,916 22,298 22,093 26,159 141,243 138,144 2.2

 Computers........................................ 825 808 805 2.1 0.4 -0.5 1,003 801 764 912 4,693 4,269 9.9

 Nondefense communications

 equipment...................................... 2,719 2,647 2,702 2.7 -2.0 -2.7 3,390 2,207 2,310 3,499 15,996 16,944 -5.6

 Defense communications equipment....... 201 209 207 -3.8 1.0 2.5 204 187 194 203 1,160 1,109 4.6

 Electronic components......................... 4,726 4,669 4,451 1.2 4.9 -3.5 4,792 4,591 4,262 4,731 27,249 27,587 -1.2

 Nondefense search and navigation

 equipment...................................... 1,723 1,775 1,776 -2.9 -0.1 0.5 1,895 1,716 1,658 1,915 10,490 10,413 0.7

 Defense search and navigation

 equipment...................................... 3,553 3,351 3,336 6.0 0.4 -7.7 3,957 2,909 3,250 3,638 20,035 18,190 10.1

 Electromedical, measuring,

 and control instruments..................... 8,915 8,866 8,917 0.6 -0.6 0.3 9,622 8,260 8,169 9,647 51,638 51,187 0.9

 Electrical equipment, appliances, 

 and components................................... 14,370 14,161 13,830 1.5 2.4 -2.8 15,606 14,378 13,500 14,680 85,437 80,332 6.4

 Electric lighting equipment..................... 1,364 1,363 1,331 0.1 2.4 0.6 1,571 1,333 1,240 1,368 7,886 7,212 9.3

 Household appliances.......................... 2,341 2,382 2,231 -1.7 6.8 -5.3 2,530 2,435 2,066 2,603 13,886 13,418 3.5

 Electrical equipment............................ 4,635 4,661 4,605 -0.6 1.2 -1.6 5,102 4,773 4,556 4,847 28,642 26,923 6.4

 Transportation equipment........................ 115,174 102,860 98,669 12.0 4.2 4.8 125,031 97,522 90,847 98,478 585,501 516,245 13.4

 Motor vehicle bodies, parts, 

 and trailers..................................... 29,154 28,882 28,909 0.9 -0.1 -0.7 29,859 29,498 27,953 28,461 177,029 169,304 4.6

 Nondefense aircraft and parts................ 37,125 21,919 16,432 69.4 33.4 -2.1 41,947 19,317 12,482 16,539 111,085 84,356 31.7

 Defense aircraft and parts.................... 5,521 5,231 7,711 5.5 -32.2 32.1 6,265 3,891 7,415 9,881 32,778 27,851 17.7

 Ships and boats.................................. 2,521 6,071 3,889 -58.5 56.1 37.7 3,716 4,847 3,486 3,398 25,449 20,882 21.9

 Furniture and related products................... 6,767 6,698 6,768 1.0 -1.0 -0.9 6,818 6,865 6,800 6,913 41,224 40,525 1.7

 Nondurable goods industries..................... 289,968 289,769 293,105 0.1 -1.1 -0.7 302,130 300,329 290,783 330,459 1,763,089 1,807,698 -2.5

Year to date

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

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

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

2

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

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

Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRBFY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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 June

June May Apr. May - Apr. - Mar. - June May Apr. June 2023/

2023p 2023r 2023 June May Apr. 2023p 2023r 2023 2022 2022

All manufacturing industries2...................... 1,325,110 1,301,975 1,291,462 1.8 0.8 0.8 1,327,022 1,305,694 1,300,741 1,243,582 6.7

 Excluding transportation2...................... 498,241 498,061 498,355 0.0 -0.1 -0.1 501,404 503,927 504,532 503,071 -0.3

 Excluding defense2............................. 1,081,684 1,057,959 1,050,364 2.2 0.7 0.5 1,081,725 1,061,528 1,056,184 1,014,188 6.7

 Durable goods industries2

........................ 1,325,110 1,301,975 1,291,462 1.8 0.8 0.8 1,327,022 1,305,694 1,300,741 1,243,582 6.7

 Primary metals........................................ 37,793 37,717 37,728 0.2 0.0 -0.2 38,161 38,432 38,598 39,911 -4.4

 Iron and steel mills............................... 22,666 22,629 22,608 0.2 0.1 0.0 22,992 23,111 23,064 23,354 -1.6

 Aluminum and nonferrous metals............. 10,484 10,482 10,526 0.0 -0.4 -1.2 10,555 10,671 10,844 12,028 -12.2

 Ferrous metal foundries........................ 4,643 4,606 4,594 0.8 0.3 0.9 4,614 4,650 4,690 4,529 1.9

 Fabricated metal products......................... 128,989 129,055 129,115 -0.1 0.0 0.0 131,168 131,655 130,578 132,863 -1.3

 Machinery.............................................. 139,615 139,910 140,069 -0.2 -0.1 -0.2 139,502 141,131 141,887 138,770 0.5

 Construction machinery......................... 10,952 11,009 10,996 -0.5 0.1 1.7 10,835 11,246 11,528 12,338 -12.2

 Mining, oil field, and

 gas field machinery.......................... 5,050 5,229 5,320 -3.4 -1.7 0.5 5,050 5,229 5,320 5,173 -2.4

 Industrial machinery............................. 12,166 12,507 12,218 -2.7 2.4 -2.0 12,195 12,747 12,525 11,392 7.0

 Photographic equipment........................ 4,092 4,116 4,136 -0.6 -0.5 0.9 3,894 4,056 4,110 3,448 12.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 13,678 13,594 13,671 0.6 -0.6 -0.3 13,798 14,040 14,137 12,019 14.8

 Metalworking machinery........................ 9,649 9,691 9,869 -0.4 -1.8 -1.1 9,574 9,764 9,999 10,548 -9.2

 Turbines, generators, and other 

 power transmission equipment............ 32,086 31,816 31,837 0.8 -0.1 -0.2 32,086 31,816 31,837 32,262 -0.5

 Material handling equipment................... 19,416 19,422 19,441 0.0 -0.1 0.4 19,439 19,172 19,401 18,239 6.6

 Computers and electronic products2

............. 134,838 134,558 134,570 0.2 0.0 0.0 135,199 134,960 135,762 134,275 0.7

 Computers......................................... 1,285 1,274 1,309 0.9 -2.7 -0.5 1,285 1,274 1,309 1,316 -2.4

 Nondefense communications

 equipment...................................... 16,898 16,994 17,127 -0.6 -0.8 -0.8 16,944 17,069 17,371 17,792 -4.8

 Defense communications equipment........ 241 238 234 1.3 1.7 0.4 234 230 235 261 -10.3

 Electronic components.......................... 16,944 16,931 16,937 0.1 0.0 -0.6 16,727 16,965 17,113 17,535 -4.6

 Nondefense search and navigation

 equipment....................................... 31,165 31,071 30,945 0.3 0.4 0.4 31,222 31,083 30,990 29,751 4.9

 Defense search and navigation

 equipment....................................... 36,273 36,005 35,946 0.7 0.2 0.2 36,628 36,068 36,396 35,900 2.0

 Electromedical, measuring,

 and control instruments...................... 32,032 32,045 32,072 0.0 -0.1 0.1 32,159 32,271 32,348 31,720 1.4

 Electrical equipment, appliances, 

 and components.................................... 43,869 43,524 43,411 0.8 0.3 -0.2 44,011 43,998 43,928 42,715 3.0

 Electric lighting equipment..................... 3,918 3,871 3,804 1.2 1.8 1.5 3,962 3,792 3,812 3,354 18.1

 Household appliances........................... 4,639 4,649 4,632 -0.2 0.4 -1.7 4,593 4,665 4,659 4,087 12.4

 Electrical equipment............................. 22,739 22,584 22,482 0.7 0.5 0.2 22,711 22,884 22,742 22,947 -1.0

 Transportation equipment......................... 826,869 803,914 793,107 2.9 1.4 1.4 825,618 801,767 796,209 740,511 11.5

 Motor vehicle bodies, parts, 

 and trailers...................................... 35,220 35,101 35,132 0.3 -0.1 0.1 34,537 35,246 36,036 35,469 -2.6

 Nondefense aircraft and parts................ 571,536 548,245 540,147 4.2 1.5 1.1 569,469 545,918 539,295 498,761 14.2

 Defense aircraft and parts..................... 71,984 71,281 70,829 1.0 0.6 4.1 72,166 71,194 72,026 67,311 7.2

 Ships and boats.................................. 56,140 57,373 55,056 -2.1 4.2 0.1 57,465 57,757 56,905 52,641 9.2

 Furniture and related products................... 11,033 11,162 11,310 -1.2 -1.3 -0.4 11,259 11,616 11,627 12,255 -8.1

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 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/>. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: 

CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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 June

June May Apr. May - Apr. - Mar. - June May Apr. June 2023/

2023p 2023r 2023 June May Apr. 2023p 2023r 2023 2022 2022

 All manufacturing industries...................... 853,058 853,314 855,448 0.0 -0.2 0.3 852,210 859,332 861,345 855,809 -0.4

 Excluding transportation........................ 688,693 689,176 691,361 -0.1 -0.3 -0.3 688,831 694,458 696,723 693,861 -0.7

 Excluding defense............................. 823,615 823,901 826,140 0.0 -0.3 0.3 822,679 829,777 831,963 827,386 -0.6

 With unfilled orders............................. 423,350 422,572 421,777 0.2 0.2 1.2 423,456 426,126 424,394 416,093 1.8

 Durable goods industries........................ 523,400 522,669 521,711 0.1 0.2 1.0 522,357 527,050 524,688 513,861 1.7

 Wood products........................................ 15,878 16,019 16,156 -0.9 -0.8 0.0 15,613 15,845 16,183 16,504 -5.4

 Nonmetallic mineral products..................... 17,126 17,109 17,021 0.1 0.5 0.8 17,226 17,473 17,316 16,281 5.8

 Primary metals......................................... 46,881 46,831 46,622 0.1 0.4 0.1 46,996 47,421 47,134 48,671 -3.4

 Iron and steel mills............................... 27,590 27,425 27,284 0.6 0.5 0.3 27,677 27,561 27,475 28,854 -4.1

 Aluminum and nonferrous metals............ 16,104 16,247 16,226 -0.9 0.1 -0.4 16,137 16,645 16,471 16,847 -4.2

 Ferrous metal foundries........................ 3,187 3,159 3,112 0.9 1.5 0.3 3,182 3,215 3,188 2,970 7.1

 Fabricated metal products......................... 64,992 64,797 64,566 0.3 0.4 -0.2 65,199 65,547 65,143 65,310 -0.2

 Machinery.............................................. 94,945 94,545 93,969 0.4 0.6 0.2 94,786 95,359 94,322 87,826 7.9

 Farm machinery.................................. 5,820 5,711 5,670 1.9 0.7 -2.9 5,616 5,710 5,724 5,850 -4.0

 Construction machinery......................... 9,470 9,397 9,354 0.8 0.5 0.4 9,381 9,491 9,583 8,396 11.7

 Mining, oil field, 

 and gas field machinery.................... 5,885 5,865 5,796 0.3 1.2 -0.2 5,948 5,937 5,792 5,217 14.0

 Industrial machinery............................. 11,320 11,278 11,147 0.4 1.2 0.4 11,614 11,339 10,709 10,654 9.0

 Photographic equipment....................... 1,468 1,473 1,474 -0.3 -0.1 0.3 1,435 1,483 1,499 1,355 5.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 9,750 9,570 9,412 1.9 1.7 1.6 9,730 9,959 9,892 8,102 20.1

 Metalworking machinery........................ 7,405 7,374 7,396 0.4 -0.3 -0.3 7,392 7,407 7,395 7,159 3.3

 Turbines, generators, and other

 power transmission equipment............ 11,838 11,841 11,829 0.0 0.1 0.0 11,892 12,001 11,941 10,972 8.4

 Material handling equipment.................. 8,030 8,172 8,049 -1.7 1.5 1.7 7,991 8,198 8,005 7,087 12.8

 Computers and electronic products2

............ 54,839 54,987 55,065 -0.3 -0.1 -0.3 54,640 55,559 55,327 54,451 0.3

 Computers......................................... 1,939 1,953 2,019 -0.7 -3.3 1.3 2,003 1,995 1,956 2,205 -9.2

 Computer storage devices.................... 635 623 643 1.9 -3.1 -0.5 618 626 623 626 -1.3

 Other peripheral equipment................... 1,056 1,043 1,039 1.2 0.4 1.1 1,040 1,091 1,037 946 9.9

 Nondefense communications

 equipment...................................... 4,368 4,386 4,401 -0.4 -0.3 -0.2 4,342 4,464 4,488 4,331 0.3

 Defense communications equipment........ 634 634 641 0.0 -1.1 5.1 634 634 641 604 5.0

 Audio and video equipment.................... 779 820 859 -5.0 -4.5 -0.3 788 853 895 914 -13.8

 Electronic components.......................... 10,499 10,654 10,697 -1.5 -0.4 -1.6 10,452 10,625 11,029 11,345 -7.9

 Nondefense search and navigation

 equipment...................................... 4,216 4,193 4,182 0.5 0.3 0.4 4,177 4,182 4,182 3,923 6.5

 Defense search and navigation

 equipment....................................... 3,354 3,338 3,344 0.5 -0.2 -0.2 3,349 3,408 3,391 3,357 -0.2

 Electromedical, measuring 

 and control instruments...................... 19,005 19,039 19,011 -0.2 0.1 -0.2 18,934 19,412 19,049 18,340 3.2

 Electrical equipment, appliances, 

 and components.................................... 26,355 26,187 26,086 0.6 0.4 0.0 26,514 26,676 26,488 25,081 5.7

 Electric lighting equipment..................... 2,533 2,531 2,504 0.1 1.1 -1.6 2,527 2,533 2,498 2,524 0.1

 Household appliances........................... 3,651 3,622 3,586 0.8 1.0 -0.4 3,675 3,677 3,636 3,766 -2.4

 Electrical equipment............................. 9,807 9,654 9,602 1.6 0.5 0.1 9,807 9,960 9,825 8,796 11.5

 Batteries............................................ 1,893 1,891 1,883 0.1 0.4 1.1 2,009 1,996 1,960 1,929 4.1

 Transportation equipment......................... 164,365 164,138 164,087 0.1 0.0 3.1 163,379 164,874 164,622 161,948 0.9

 Automobiles....................................... 5,887 5,857 5,794 0.5 1.1 2.2 5,706 5,759 5,644 5,534 3.1

 Light trucks and utility vehicles.............. 9,418 9,574 9,462 -1.6 1.2 0.6 8,969 9,992 9,612 8,981 -0.1

 Heavy duty trucks ............................... 2,848 2,873 2,940 -0.9 -2.3 -0.8 2,890 2,971 2,979 2,941 -1.7

 Motor vehicle bodies, parts, 

 and trailers...................................... 35,334 35,209 35,233 0.4 -0.1 0.2 35,138 35,325 35,671 35,006 0.4

 Nondefense aircraft and parts................ 77,795 77,654 77,766 0.2 -0.1 6.2 77,660 77,805 77,804 77,933 -0.4

 Defense aircraft and parts..................... 14,178 14,176 14,088 0.0 0.6 0.3 14,163 14,214 14,116 14,001 1.2

 Ships and boats.................................. 4,676 4,586 4,564 2.0 0.5 0.2 4,741 4,635 4,565 4,567 3.8

 Furniture and related products.................... 10,246 10,358 10,433 -1.1 -0.7 -0.7 10,364 10,519 10,387 10,617 -2.4

 Miscellaneous durable goods..................... 27,773 27,698 27,706 0.3 0.0 -0.1 27,640 27,777 27,766 27,172 1.7

 Nondurable goods industries...................... 329,658 330,645 333,737 -0.3 -0.9 -0.6 329,853 332,282 336,657 341,948 -3.5

 Food products........................................ 71,514 71,653 72,140 -0.2 -0.7 -0.4 69,573 69,728 71,099 68,441 1.7

 Grain and oilseed milling........................ 7,725 7,696 7,874 0.4 -2.3 -1.1 7,482 7,379 7,943 7,735 -3.3

 Dairy products.................................... 10,836 10,895 10,944 -0.5 -0.4 0.8 11,170 11,255 11,223 10,691 4.5

 Meat, poultry, and seafood products....... 13,152 13,207 13,348 -0.4 -1.1 -0.3 12,857 13,044 13,246 12,960 -0.8

 Beverage and tobacco products................ 31,171 31,019 31,046 0.5 -0.1 -0.8 30,675 31,038 31,479 30,378 1.0

 Beverages......................................... 27,484 27,311 27,335 0.6 -0.1 -0.9 27,153 27,401 27,750 26,741 1.5

 Tobacco............................................ 3,687 3,708 3,711 -0.6 -0.1 0.0 3,522 3,637 3,729 3,637 -3.2

 Textile mills............................................ 3,627 3,615 3,600 0.3 0.4 -0.3 3,622 3,627 3,590 3,662 -1.1

 Textile products...................................... 3,696 3,723 3,756 -0.7 -0.9 -0.7 3,662 3,693 3,734 3,902 -6.2

 Apparel................................................. 2,187 2,194 2,222 -0.3 -1.3 -2.0 2,266 2,197 2,161 2,261 0.2

 Leather and allied products....................... 1,284 1,284 1,283 0.0 0.1 -2.1 1,287 1,293 1,279 1,224 5.1

 Paper products....................................... 18,259 18,321 18,392 -0.3 -0.4 -0.2 18,251 18,374 18,406 18,303 -0.3

 Pulp, paper, and paperboard mills........... 5,718 5,719 5,713 0.0 0.1 0.3 5,715 5,752 5,737 5,540 3.2

 Paperboard containers......................... 6,939 6,969 7,010 -0.4 -0.6 0.3 6,902 6,955 6,948 6,793 1.6

 Printing.................................................. 6,909 6,971 7,019 -0.9 -0.7 0.5 6,813 6,862 6,987 7,032 -3.1

 Petroleum and coal products..................... 44,037 44,400 46,298 -0.8 -4.1 -2.4 46,605 46,741 48,689 58,304 -20.1

 Petroleum refineries............................. 37,200 37,476 39,246 -0.7 -4.5 -2.6 39,715 39,679 41,546 51,393 -22.7

 Chemical products..................................... 112,880 113,118 113,379 -0.2 -0.2 -0.1 113,138 114,205 114,382 113,719 -0.5

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 6,181 6,092 6,003 1.5 1.5 1.0 5,924 6,060 6,126 5,989 -1.1

 Pharmaceuticals and medicines.............. 47,432 47,401 47,512 0.1 -0.2 -0.7 48,226 47,912 47,978 47,196 2.2

 Paints, coatings, and adhesives.............. 5,821 5,862 5,913 -0.7 -0.9 0.0 5,832 5,941 6,099 5,731 1.8

 Plastics and rubber products..................... 34,094 34,347 34,602 -0.7 -0.7 -0.5 33,961 34,524 34,851 34,722 -2.2

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/>. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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

June May Apr. May - Apr. - Mar. - June May Apr. June 2023/

2023p 2023r 2023 June May Apr. 2023p 2023r 2023 2022 2023p 2022 2022

SHIPMENTS

 All manufacturing industries......................... 573,925 573,181 571,029 0.1 0.4 -0.6 610,022 588,352 557,840 625,963 3,445,206 3,417,207 0.8

 Construction materials and supplies....... 62,388 62,266 61,605 0.2 1.1 -0.3 68,729 66,940 61,200 69,031 371,523 372,009 -0.1

 Information technology......................... 24,729 24,696 24,498 0.1 0.8 0.4 27,297 23,666 22,669 26,667 143,180 139,344 2.8

 Computers and related products........... 2,048 2,052 2,057 -0.2 -0.2 3.0 2,463 1,850 1,805 2,060 11,519 9,436 22.1

 Motor vehicle and parts......................... 62,760 62,808 61,203 -0.1 2.6 -0.1 66,141 63,869 58,237 62,430 373,524 346,387 7.8

 Capital goods...................................... 96,980 96,516 93,565 0.5 3.2 -1.0 108,609 95,243 88,483 98,646 565,281 523,666 7.9

 Nondefense capital goods3.................. 83,389 83,303 80,229 0.1 3.8 -1.7 94,489 82,382 75,734 86,107 487,617 452,229 7.8

 Excluding aircraft............................. 74,097 74,051 73,837 0.1 0.3 0.5 81,001 74,023 70,392 78,246 441,593 422,186 4.6

 Defense capital goods4........................ 13,591 13,213 13,336 2.9 -0.9 3.5 14,120 12,861 12,749 12,539 77,664 71,437 8.7

 Consumer goods.................................. 240,590 241,045 242,800 -0.2 -0.7 -0.6 249,565 247,637 238,571 273,978 1,455,014 1,475,955 -1.4

 Consumer durable goods..................... 46,257 46,507 44,768 -0.5 3.9 -0.4 48,734 46,429 42,082 46,755 270,707 253,869 6.6

 Consumer nondurable goods................ 194,333 194,538 198,032 -0.1 -1.8 -0.6 200,831 201,208 196,489 227,223 1,184,307 1,222,086 -3.1

 All manufacturing industries5...................... 592,045 578,626 576,416 2.3 0.4 0.3 626,660 588,969 563,158 627,926 3,472,806 3,442,814 0.9

 Construction materials and supplies....... 62,333 62,057 61,353 0.4 1.1 -0.9 68,227 67,709 61,980 68,535 375,937 378,647 -0.7

 Information technology......................... 25,125 24,597 24,524 2.1 0.3 -1.8 27,700 22,900 22,755 26,961 145,181 141,318 2.7

 Computers and related products........... 2,059 2,017 2,051 2.1 -1.7 1.8 2,474 1,815 1,799 2,073 11,521 9,425 22.2

 Motor vehicle and parts......................... 62,879 62,777 61,244 0.2 2.5 -0.2 65,432 63,079 57,951 61,375 373,120 345,951 7.9

 Capital goods...................................... 118,698 106,810 104,100 11.1 2.6 5.1 130,431 101,219 98,088 103,969 615,197 565,035 8.9

 Nondefense capital goods3.................. 106,454 91,113 85,450 16.8 6.6 0.2 116,285 88,281 79,686 90,688 528,937 495,604 6.7

 Excluding aircraft............................. 73,975 73,873 73,577 0.1 0.4 0.7 79,274 73,243 71,065 78,088 444,248 433,018 2.6

 Defense capital goods4........................ 12,244 15,697 18,650 -22.0 -15.8 35.9 14,146 12,938 18,402 13,281 86,260 69,431 24.2

 Consumer goods.................................. 240,537 241,028 242,771 -0.2 -0.7 -0.6 249,304 247,503 238,522 273,719 1,454,934 1,475,382 -1.4

 Consumer durable goods..................... 46,204 46,490 44,739 -0.6 3.9 -0.3 48,473 46,295 42,033 46,496 270,627 253,296 6.8

 Consumer nondurable goods.............. 194,333 194,538 198,032 -0.1 -1.8 -0.6 200,831 201,208 196,489 227,223 1,184,307 1,222,086 -3.1

 All manufacturing industries5...................... 1,325,110 1,301,975 1,291,462 1.8 0.8 0.8 1,327,022 1,305,694 1,300,741 1,243,582 (X) (X) 6.7

 Construction materials and supplies....... 100,032 100,087 100,296 -0.1 -0.2 -0.3 102,161 102,663 101,894 101,890 (X) (X) 0.3

 Information technology......................... 134,559 134,163 134,262 0.3 -0.1 0.0 135,111 134,708 135,474 132,515 (X) (X) 2.0

 Computers and related products........... 1,285 1,274 1,309 0.9 -2.7 -0.5 1,285 1,274 1,309 1,316 (X) (X) -2.4

 Motor vehicle and parts......................... 35,220 35,101 35,132 0.3 -0.1 0.1 34,537 35,246 36,036 35,469 (X) (X) -2.6

 Capital goods...................................... 983,466 961,748 951,454 2.3 1.1 1.1 983,802 961,980 956,004 900,398 (X) (X) 9.3

 Nondefense capital goods3.................. 771,492 748,427 740,617 3.1 1.1 0.7 769,964 748,168 742,269 699,080 (X) (X) 10.1

 Excluding aircraft............................. 272,830 272,952 273,130 0.0 -0.1 -0.1 273,335 275,062 275,842 273,510 (X) (X) -0.1

 Defense capital goods4........................ 211,974 213,321 210,837 -0.6 1.2 2.6 213,838 213,812 213,735 201,318 (X) (X) 6.2

 Consumer goods.................................. 11,963 12,016 12,033 -0.4 -0.1 -0.2 11,798 12,059 12,193 11,822 (X) (X) -0.2

 Consumer durable goods..................... 11,963 12,016 12,033 -0.4 -0.1 -0.2 11,798 12,059 12,193 11,822 (X) (X) -0.2 

 All manufacturing industries....................... 853,058 853,314 855,448 0.0 -0.2 0.3 852,210 859,332 861,345 855,809 (X) (X) -0.4

 Construction materials and supplies....... 93,165 93,013 92,946 0.2 0.1 0.1 93,103 94,182 94,313 91,843 (X) (X) 1.4

 Information technology......................... 46,090 46,158 46,292 -0.1 -0.3 0.1 45,961 46,826 46,497 44,810 (X) (X) 2.6

 Computers and related products........... 3,630 3,619 3,701 0.3 -2.2 0.9 3,661 3,712 3,616 3,777 (X) (X) -3.1

 Motor vehicle and parts......................... 53,487 53,513 53,429 0.0 0.2 0.4 52,703 54,047 53,906 52,462 (X) (X) 0.5

 Capital goods...................................... 250,041 249,746 249,558 0.1 0.1 2.1 250,264 251,649 249,946 241,752 (X) (X) 3.5

 Nondefense capital goods3.................. 225,814 225,547 225,427 0.1 0.1 2.2 225,934 227,346 225,769 218,354 (X) (X) 3.5

 Excluding aircraft............................. 162,131 161,753 161,363 0.2 0.2 0.1 162,119 163,562 161,828 153,715 (X) (X) 5.5

 Defense capital goods4........................ 24,227 24,199 24,131 0.1 0.3 1.1 24,330 24,303 24,177 23,398 (X) (X) 4.0

 Consumer goods.................................. 251,694 252,309 254,905 -0.2 -1.0 -0.8 251,817 253,478 256,907 262,130 (X) (X) -3.9

 Consumer durable goods..................... 42,336 42,608 42,615 -0.6 0.0 -0.1 41,558 42,989 42,565 42,172 (X) (X) -1.5

 Consumer nondurable goods................ 209,358 209,701 212,290 -0.2 -1.2 -1.0 210,259 210,489 214,342 219,958 (X) (X) -4.4

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/>. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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 June

June May Apr. May - Apr. - Mar. - June May Apr. June 2023/

2023p 2023r 2023 June May Apr. 2023p 2023r 2023 2022 2022

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 314,981 314,764 315,748 0.1 -0.3 -0.2 315,135 315,240 316,501 316,647 -0.5

 Durable goods industries.......................... 197,595 197,154 197,139 0.2 0.0 0.2 197,223 197,421 197,285 193,147 2.1

 Wood products................................... 7,677 7,714 7,798 -0.5 -1.1 -0.1 7,484 7,427 7,589 7,799 -4.0

 Nonmetallic mineral products................. 7,720 7,757 7,688 -0.5 0.9 -0.2 7,736 7,818 7,735 7,133 8.5

 Primary metals.................................... 19,267 18,958 19,098 1.6 -0.7 -0.8 19,400 18,975 19,112 20,124 -3.6

 Fabricated metal products.......................... 24,476 24,489 24,447 -0.1 0.2 -0.5 24,516 24,485 24,327 26,011 -5.7

 Machinery.......................................... 40,329 40,422 40,643 -0.2 -0.5 1.0 40,320 40,761 40,814 37,919 6.3

 Computers and electronic products........ 26,644 26,559 26,524 0.3 0.1 0.4 26,722 26,757 26,505 25,267 5.8

 Electrical equipment, appliances,

 and components............................... 12,687 12,647 12,643 0.3 0.0 0.2 12,777 12,831 12,793 11,905 7.3

 Transportation equipment..................... 43,746 43,533 43,110 0.5 1.0 0.5 43,215 43,202 43,222 42,220 2.4

 Furniture and related products............... 5,275 5,313 5,362 -0.7 -0.9 -0.8 5,361 5,415 5,396 5,376 -0.3

 Miscellaneous products......................... 9,774 9,762 9,826 0.1 -0.7 0.0 9,692 9,750 9,792 9,393 3.2

 Nondurable goods industries...................... 117,386 117,610 118,609 -0.2 -0.8 -0.9 117,912 117,819 119,216 123,500 -4.5

 Food products.................................... 26,054 26,165 26,285 -0.4 -0.5 -1.0 25,832 25,705 25,901 25,946 -0.4

 Beverage and tobacco products........................ 6,457 6,391 6,376 1.0 0.2 -0.2 6,286 6,373 6,453 6,118 2.7

 Textiles.............................................. 1,461 1,456 1,450 0.3 0.4 0.2 1,469 1,467 1,451 1,454 1.0

 Textile products................................... 1,694 1,722 1,726 -1.6 -0.2 0.0 1,684 1,719 1,712 1,697 -0.8

 Apparel............................................. 570 568 566 0.4 0.4 -7.5 582 568 556 667 -12.7

 Leather and allied products.................... 384 388 395 -1.0 -1.8 -2.0 385 393 395 394 -2.3

 Paper products.................................... 9,610 9,667 9,720 -0.6 -0.5 -0.1 9,570 9,625 9,631 9,629 -0.6

 Printing ............................................. 3,576 3,564 3,604 0.3 -1.1 0.2 3,534 3,499 3,590 3,650 -3.2

 Petroleum and coal products................. 12,836 12,839 13,292 0.0 -3.4 -5.1 14,000 13,377 14,032 18,722 -25.2

 Chemical products................................ 39,734 39,525 39,731 0.5 -0.5 0.2 39,645 39,802 40,081 39,758 -0.3

 Plastics and rubber products.................. 15,010 15,325 15,464 -2.1 -0.9 -1.1 14,925 15,291 15,414 15,465 -3.5

WORK IN PROCESS

 All manufacturing industries....................... 239,282 239,622 241,269 -0.1 -0.7 1.5 239,893 241,420 243,113 239,876 0.0

 Durable goods industries.......................... 177,158 177,520 178,073 -0.2 -0.3 2.3 177,526 179,018 178,822 178,914 -0.8

 Wood products................................... 1,809 1,819 1,866 -0.5 -2.5 1.0 1,796 1,800 1,872 2,139 -16.0

 Nonmetallic mineral products................. 1,699 1,679 1,661 1.2 1.1 1.0 1,729 1,740 1,720 1,612 7.3

 Primary metals.................................... 12,277 12,715 12,571 -3.4 1.1 0.8 12,390 12,953 12,754 13,506 -8.3

 Fabricated metal products.......................... 16,969 16,915 16,681 0.3 1.4 -0.3 16,970 17,198 16,905 16,171 4.9

 Machinery.......................................... 24,480 24,539 24,376 -0.2 0.7 -1.7 24,696 24,975 24,226 23,671 4.3

 Computers and electronic products........ 13,489 13,540 13,696 -0.4 -1.1 -1.3 13,401 13,766 14,047 14,648 -8.5

 Electrical equipment, appliances,

 and components............................... 4,607 4,584 4,555 0.5 0.6 0.2 4,676 4,714 4,629 4,573 2.3

 Transportation equipment..................... 95,544 95,489 96,448 0.1 -1.0 5.0 95,576 95,610 96,455 96,495 -1.0

 Furniture and related products............... 1,501 1,479 1,466 1.5 0.9 -0.1 1,496 1,468 1,425 1,492 0.3

 Miscellaneous products......................... 4,783 4,761 4,753 0.5 0.2 -0.5 4,796 4,794 4,789 4,607 4.1

 Nondurable goods industries...................... 62,124 62,102 63,196 0.0 -1.7 -0.7 62,367 62,402 64,291 60,962 2.3

 Food products.................................... 7,717 7,670 7,733 0.6 -0.8 -1.7 7,214 7,139 7,445 7,295 -1.1

 Beverage and tobacco products........................ 11,156 11,067 11,042 0.8 0.2 0.3 10,869 10,957 11,073 10,430 4.2

 Textiles.............................................. 581 577 580 0.7 -0.5 -0.7 577 579 581 621 -7.1

 Textile products................................... 474 471 474 0.6 -0.6 0.9 464 459 471 477 -2.7

 Apparel............................................. 285 282 277 1.1 1.8 2.2 299 286 273 288 3.8

 Leather and allied products.................... 140 135 130 3.7 3.8 -3.0 139 135 131 139 0.0

 Paper products.................................... 1,612 1,611 1,632 0.1 -1.3 -1.2 1,629 1,625 1,642 1,690 -3.6

 Printing ............................................. 1,185 1,202 1,193 -1.4 0.8 2.5 1,124 1,142 1,166 1,280 -12.2

 Petroleum and coal products................. 15,510 15,674 16,460 -1.0 -4.8 -1.3 16,300 16,557 17,644 15,339 6.3

 Chemical products................................ 19,606 19,486 19,771 0.6 -1.4 -0.9 19,933 19,593 19,960 19,433 2.6

 Plastics and rubber products.................. 3,858 3,927 3,904 -1.8 0.6 1.5 3,819 3,930 3,905 3,970 -3.8

FINISHED GOODS

 All manufacturing industries....................... 298,795 298,928 298,431 0.0 0.2 0.0 297,182 302,672 301,731 299,286 -0.7

 Durable goods industries.......................... 148,647 147,995 146,499 0.4 1.0 0.4 147,608 150,611 148,581 141,800 4.1

 Wood products................................... 6,392 6,486 6,492 -1.4 -0.1 -0.3 6,333 6,618 6,722 6,566 -3.5

 Nonmetallic mineral products................. 7,707 7,673 7,672 0.4 0.0 1.8 7,761 7,915 7,861 7,536 3.0

 Primary metals.................................... 15,337 15,158 14,953 1.2 1.4 0.6 15,206 15,493 15,268 15,041 1.1

 Fabricated metal products.......................... 23,547 23,393 23,438 0.7 -0.2 0.3 23,713 23,864 23,911 23,128 2.5

 Machinery.......................................... 30,136 29,584 28,950 1.9 2.2 0.8 29,770 29,623 29,282 26,236 13.5

 Computers and electronic products........ 14,706 14,888 14,845 -1.2 0.3 -0.5 14,517 15,036 14,775 14,536 -0.1

 Electrical equipment, appliances,

 and components............................... 9,061 8,956 8,888 1.2 0.8 -0.4 9,061 9,131 9,066 8,603 5.3

 Transportation equipment..................... 25,075 25,116 24,529 -0.2 2.4 0.6 24,588 26,062 24,945 23,233 5.8

 Furniture and related products............... 3,470 3,566 3,605 -2.7 -1.1 -0.7 3,507 3,636 3,566 3,749 -6.5

 Miscellaneous products......................... 13,216 13,175 13,127 0.3 0.4 0.0 13,152 13,233 13,185 13,172 -0.2

 Nondurable goods industries...................... 150,148 150,933 151,932 -0.5 -0.7 -0.4 149,574 152,061 153,150 157,486 -5.0

 Food products.................................... 37,743 37,818 38,122 -0.2 -0.8 0.2 36,527 36,884 37,753 35,200 3.8

 Beverage and tobacco products........................ 13,558 13,561 13,628 0.0 -0.5 -2.0 13,520 13,708 13,953 13,830 -2.2

 Textiles.............................................. 1,585 1,582 1,570 0.2 0.8 -0.7 1,576 1,581 1,558 1,587 -0.7

 Textile products................................... 1,528 1,530 1,556 -0.1 -1.7 -2.0 1,514 1,515 1,551 1,728 -12.4

 Apparel............................................. 1,332 1,344 1,379 -0.9 -2.5 -0.4 1,385 1,343 1,332 1,306 6.0

 Leather and allied products.................... 760 761 758 -0.1 0.4 -1.9 763 765 753 691 10.4

 Paper products.................................... 7,037 7,043 7,040 -0.1 0.0 -0.1 7,052 7,124 7,133 6,984 1.0

 Printing ............................................. 2,148 2,205 2,222 -2.6 -0.8 -0.2 2,155 2,221 2,231 2,102 2.5

 Petroleum and coal products................. 15,691 15,887 16,546 -1.2 -4.0 -1.3 16,305 16,807 17,013 24,243 -32.7

 Chemical products................................ 53,540 54,107 53,877 -1.0 0.4 0.0 53,560 54,810 54,341 54,528 -1.8

 Plastics and rubber products.................. 15,226 15,095 15,234 0.9 -0.9 -0.4 15,217 15,303 15,532 15,287 -0.5

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. 

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/>. 

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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 Jun May Apr Mar Jun May Apr Mar

2023p 2023r 2023 2023 2023p 2023r 2023 2023

All manufacturing industries3

.................................... 1.49 1.49 1.50 1.48 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.84 1.84 1.88 1.85 6.74 6.64 6.71 6.60

 Wood products........................................................... 1.19 1.20 1.22 1.20 (X) (X) (X) (X)

 Nonmetallic mineral products............................. 1.29 1.29 1.30 1.29 (X) (X) (X) (X)

 Primary metals............................................................ 1.74 1.74 1.74 1.74 1.40 1.40 1.41 1.41

 Fabricated metal products...................................... 1.82 1.83 1.83 1.83 3.70 3.75 3.76 3.75

 Machinery..................................................................... 2.52 2.51 2.50 2.52 4.07 4.08 4.09 4.13

 Computers and electronic products3

................... 1.87 1.88 1.89 1.89 6.02 6.02 6.06 6.05

 Electrical equipment, appliances,

 and components.................................................... 1.88 1.86 1.88 1.85 3.46 3.41 3.45 3.44

 Transportation equipment..................................... 1.78 1.78 1.87 1.79 14.14 13.82 14.34 13.77

 Furniture and related products............................ 1.49 1.51 1.53 1.53 1.85 1.89 1.92 1.91

 Miscellaneous products.......................................... 1.92 1.90 1.92 1.92 (X) (X) (X) (X)

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

 Food products............................................................. 0.90 0.90 0.91 0.90 (X) (X) (X) (X)

 Beverage and tobacco products........................... 1.74 1.78 1.80 1.82 (X) (X) (X) (X)

 Textiles.......................................................................... 1.73 1.72 1.70 1.71 (X) (X) (X) (X)

 Textile products......................................................... 1.85 1.87 1.88 1.88 (X) (X) (X) (X)

 Apparel........................................................................ 2.65 2.52 2.51 2.70 (X) (X) (X) (X)

 Leather and allied products................................ 2.68 2.69 2.65 2.66 (X) (X) (X) (X)

 Paper products.......................................................... 1.05 1.05 1.05 1.05 (X) (X) (X) (X)

 Printing........................................................................ 0.95 0.97 0.97 0.96 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.73 0.72 0.72 0.73 (X) (X) (X) (X)

 Chemical products................................................... 1.46 1.47 1.47 1.47 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.38 1.40 1.42 1.42 (X) (X) (X) (X)

Jun3 Jun3 Jun3 Jun3

Industry 2022- 2022- 2022- 2022-

Jun2 May Jun2 May Jun2 May Jun2 May

2023 2023 2023 2023 2023 2023 2023 2023

All manufacturing industries.................. (X) 0.2 (X) 0.3 (X) 0.0 (X) 0.1

Durable goods industries....................... -0.1 0.2 -0.1 0.4 0.0 0.0 0.0 0.1

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

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

 Primary metals............................................. -0.4 0.3 -0.5 0.3 -0.1 0.2 0.2 0.1

 Fabricated metal products.................... 0.0 0.2 -0.1 0.4 -0.1 0.1 0.0 0.1

 Machinery...................................................... -0.1 0.3 -0.3 0.5 -0.1 0.1 0.1 0.1

 Computers and electronic products..... -0.1 0.2 0.1 0.4 0.1 0.1 -0.1 0.1

 Electrical equipment, appliances,

 and components..................................... 0.0 0.3 0.0 0.5 0.0 0.2 -0.1 0.2

 Transportation equipment.................... 0.0 0.5 -0.1 1.1 0.0 0.1 -0.1 0.1

 Furniture and related products............. (X) 0.2 (X) 0.7 (X) 0.5 (X) 0.4

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

Nondurable goods industries................... (X) 0.4 (X) (NA) (X) (NA) (X) 0.1

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

 Beverage and tobacco products............ (X) 0.3 (X) (NA) (X) (NA) (X) 0.1

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

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

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

 Leather and allied products.................. (X) 0.9 (X) (NA) (X) (NA) (X) 0.6

 Paper products............................................ (X) 0.1 (X) (NA) (X) (NA) (X) 0.1

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

 Petroleum and coal products............... (X) 1.2 (X) (NA) (X) (NA) (X) 0.5

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

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

X Not Applicable 

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

2

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

supplies; other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and peripheral devices; audio and 

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

and miscellaneous furniture. 

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing. 

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

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

sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see 

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

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data 

(Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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/>.

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential 

source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 3, 2023. 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