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FOR RELEASE AT 10:00 AM EDT, THURSDAY, MAY 2, 2019

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS

MARCH 2019

Release Number: CB 19‐57 M3‐2 (19)‐03

May 2, 2019 — The U.S. Census Bureau announces the March full report on manufacturers’ shipments,

inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

MARCH 2019 $508.2 billion           +1.9%°

FEBRUARY 2019  

(revised) $498.8 billion            ‐0.3%°

Next release: June 4, 2019

Data adjusted for seasonal variation but not for price changes.

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

Inventories, and Orders estimates are not based on a probability sample, so the sampling

error of these estimates cannot be measured nor can the confidence intervals be computed.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, May 2,

2019.

Summary

New orders for manufactured goods in March, up following two consecutive monthly decreases, increased

$9.3 billion or 1.9 percent to $508.2 billion, the U.S. Census Bureau reported today.  This followed a 0.3

percent February decrease.  Shipments, up two consecutive months, increased $3.7 billion or 0.7 percent

to $509.7 billion.  This followed a 0.5 percent February increase.  Unfilled orders, up two of the last three

months, increased $2.7 billion or 0.2 percent to $1,181.2 billion.  This followed a 0.2 percent February

decrease.  The unfilled orders‐to‐shipments ratio was 6.56, unchanged from February.  Inventories, up

twenty‐eight of the last twenty‐nine months, increased $2.8 billion or 0.4 percent to $690.9 billion.  This

followed a 0.3 percent February increase.  The inventories‐to‐shipments ratio was 1.36, unchanged from

February.

New Orders

New orders for manufactured durable goods in March, up four of the last five months, increased $6.6

billion or 2.6 percent to $258.0 billion, down from the previously published 2.7 percent increase.  This

followed a 1.3 percent February decrease.  Transportation equipment, also up four of the last five months,

Apr‐18 May‐18 Jun‐18 Jul‐18 Aug‐18 Sep‐18 Oct‐18 Nov‐18 Dec‐18 Jan‐19 Feb‐19 Mar‐19

% Change ‐0.4% 0.4% 0.6% ‐0.5% 2.6% 0.2% ‐2.1% ‐0.5% 0.1% 0.0% ‐0.3% 1.9%

‐4.0%

‐3.0%

‐2.0%

‐1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

MANUFACTURERS' NEW ORDERS 2018‐2019

Seasonally Adjusted,   Month‐To‐Month Percentage Change

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

May 2, 2019.
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led the increase, $6.1 billion or 7.0 percent to $93.8 billion.  New orders for manufactured nondurable

goods increased $2.8 billion or 1.1 percent to $250.2 billion.

Shipments

Shipments of manufactured durable goods in March, up four of the last five months, increased $1.0 billion

or 0.4 percent to $259.5 billion, up from the previously published 0.3 percent increase.  This followed a 0.2

percent February increase.  Transportation equipment, up following two consecutive monthly decreases,

drove the increase, $1.0 billion or 1.1 percent to $90.7 billion.  Shipments of manufactured nondurable

goods, up two consecutive months, increased $2.8 billion or 1.1 percent to $250.2 billion.  This followed a

0.8 percent February increase.  Petroleum and coal products, also up two consecutive months, drove the

increase, $3.2 billion or 6.0 percent to $55.5 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in March, up two of the last three months, increased $2.7

billion or 0.2 percent to $1,181.2 billion, down from the previously published 0.3 percent increase.  This

followed a 0.2 percent February decrease.  Transportation equipment, also up two of the last three

months, drove the increase, $3.1 billion or 0.4 percent to $811.9 billion.

Inventories

Inventories of manufactured durable goods in March, up twenty‐six of the last twenty‐seven months,

increased $1.2 billion or 0.3 percent to $420.5 billion, unchanged from the previously published increase.  

This followed a 0.4 percent February increase.  Machinery, up fifteen of the last sixteen months, led the

increase, $0.7 billion or 1.0 percent to $71.7 billion.  Inventories of manufactured nondurable goods, up

three consecutive months, increased $1.6 billion or 0.6 percent to $270.4 billion.  This followed a 0.2

percent February increase.  Petroleum and coal products, also up three consecutive months, led the

increase, $1.2 billion or 3.0 percent to $41.5 billion.  By stage of fabrication, March materials and supplies

decreased 0.1 percent in both durable goods and nondurable goods.  Work in process increased 0.5

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

percent in durable goods and increased 0.9 percent in nondurable goods.  

The Advance Report on durable goods for April is scheduled for release on May 24, 2019 at 8:30 a.m. EDT

and the Full Report on June 4, 2019 at 10:00 a.m. EDT.  View the full schedule in the Economic Briefing

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

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

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

exclude data for semiconductor manufacturing.   

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

decrease.   

Description of the survey  

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

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

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

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

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

process, and finished goods).  Data published from the M3 survey are based on a panel of approximately

5,000 reporting units that represent approximately 3,100 companies and provide an indication of month‐

to‐month change for the Manufacturing Sector.  These reporting units may be divisions of diversified large

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

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

assumes that the month‐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 64 percent of the total value of shipments for manufacturing establishments in the 2012

Economic Census, and these companies include almost two‐thirds of the manufacturing companies with

$500 million or more in shipments in the 2012 Economic Census.  The companies for which shipments data

are currently reported in the M3 survey represent approximately 57 percent of the total value of

shipments for manufacturing establishments in the 2012 Economic Census.  Statistics based on the M3

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

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

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

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

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

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

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

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/>.

NEW TIME SERIES

Beginning with the release of June 2018 data on July 26, 2018, historical estimates of the Monthly Advance

Report on Manufacturers’ Shipments, Inventories and Orders are available on a seasonally adjusted basis

as well as a not seasonally adjusted basis at: <https://www.census.gov/econ/currentdata/>.   

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.

Notice of Revisions and Changes Due to Updated Seasonal Adjustment Models

On May 16, 2019, monthly seasonally adjusted data for Manufacturers’ Shipments, Inventories, and

Orders, based on the North American Industry Classification System, will be revised for January 2002

through March 2019.  There will be no accompanying press release containing revised seasonally adjusted

data for January through March of 2019, and historical data not seasonally adjusted will be unchanged.   

These revisions to the historical seasonally adjusted data will be based on the results of the recent annual

review of the seasonal adjustment models.  Based on this review, the lists of series that are seasonally

adjusted and not seasonally adjusted will be updated.  Three unfilled orders series and one total

inventories series that have been adjusted will no longer be seasonally adjusted.  Conversely, two stage of

fabrication series that have not been adjusted will now be seasonally adjusted.  These changes will be  
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implemented on May 16, 2019 and will also be used to produce seasonally adjusted data from the

Manufacturers’ Shipments, Inventories, and Orders Survey, beginning with the April 2019 Advance Report

on Durable Goods scheduled for release on May 24, 2019 and the full report scheduled for release on June

4, 2019.

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly

Industry % Change

Mar. Feb. Jan. Feb. ‐ Jan. ‐ Dec. ‐ Mar. Feb. Jan. Mar. 2019/

2019p 2019r 2019 Mar. Feb. Jan. 2019p 2019r 2019 2018 2019p 2018 2018

  All manufacturing industries.................. 509,701 505,976 503,490 0.7 0.5 ‐0.3 526,879 469,660 466,970 518,285 1,463,509 1,427,121 2.5

      Excluding transportation................... 418,988 416,251 413,401 0.7 0.7 0.0 427,989 383,897 387,462 423,257 1,199,348 1,180,764 1.6

      Excluding defense.............................. 495,161 491,548 488,401 0.7 0.6 ‐0.4 510,430 455,935 454,569 503,911 1,420,934 1,389,473 2.3

      With unfilled orders............................ 180,077 179,741 179,827 0.2 0.0 ‐0.3 191,022 167,096 161,727 186,953 519,845 497,699 4.4

  Durable goods industries......................... 259,508 258,548 258,030 0.4 0.2 ‐0.5 273,917 241,918 233,379 266,715 749,214 716,258 4.6

  Wood products....................................... 9,107 9,131 9,089 ‐0.3 0.5 0.0 9,007 8,260 7,805 9,322 25,072 25,884 ‐3.1

  Nonmetallic mineral products.................... 11,264 11,152 11,147 1.0 0.0 0.8 10,914 9,543 9,803 10,652 30,260 29,241 3.5

  Primary metals....................................... 21,296 21,388 21,261 ‐0.4 0.6 ‐1.3 22,179 20,466 20,974 22,103 63,619 61,254 3.9

      Iron and steel mills............................ 10,930 11,023 10,895 ‐0.8 1.2 ‐0.8 11,224 10,480 10,771 10,737 32,475 29,736 9.2

      Aluminum and nonferrous metals.......... 8,831 8,863 8,887 ‐0.4 ‐0.3 ‐2.4 9,334 8,556 8,811 9,892 26,701 27,462 ‐2.8

      Ferrous metal foundries....................... 1,535 1,502 1,479 2.2 1.6 2.1 1,621 1,430 1,392 1,474 4,443 4,056 9.5

  Fabricated metal products....................... 34,031 33,880 33,757 0.4 0.4 0.0 34,526 31,704 31,599 32,970 97,829 92,852 5.4

  Machinery............................................. 33,264 33,454 33,319 ‐0.6 0.4 1.1 36,023 31,767 29,874 35,617 97,664 94,846 3.0

      Farm machinery................................. 2,673 2,698 2,592 ‐0.9 4.1 ‐5.0 3,366 3,028 2,331 3,122 8,725 8,040 8.5

      Construction machinery..................... 2,927 3,034 3,087 ‐3.5 ‐1.7 4.6 3,185 3,020 2,658 3,162 8,863 8,498 4.3

      Mining, oil field, and

          gas field machinery.......................... 1,393 1,429 1,446 ‐2.5 ‐1.2 ‐1.4 1,444 1,314 1,354 1,563 4,112 4,472 ‐8.1

      Industrial machinery.......................... 2,660 2,615 2,592 1.7 0.9 2.9 2,985 2,262 2,132 2,893 7,379 7,330 0.7

      Photographic equipment...................... 583 614 565 ‐5.0 8.7 5.8 664 559 473 629 1,696 1,542 10.0

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............ 4,096 4,119 4,026 ‐0.6 2.3 1.5 4,352 3,358 3,292 4,139 11,002 10,227 7.6

      Metalworking machinery..................... 2,666 2,675 2,626 ‐0.3 1.9 3.2 2,754 2,389 2,444 2,986 7,587 8,215 ‐7.6

      Turbines, generators, and other

          power transmission equipment....... 4,374 4,387 4,342 ‐0.3 1.0 ‐0.4 4,476 4,392 4,132 4,385 13,000 12,362 5.2

      Material handling equipment............... 2,903 2,878 2,880 0.9 ‐0.1 1.1 3,047 2,740 2,677 2,877 8,464 7,829 8.1

  Computers and electronic products2

.......... 27,876 27,977 27,704 ‐0.4 1.0 ‐0.1 29,376 24,733 24,653 28,053 78,762 74,842 5.2

      Computers........................................ 662 688 716 ‐3.8 ‐3.9 ‐9.4 664 494 548 763 1,706 1,926 ‐11.4

      Computer storage devices..................... 314 336 300 ‐6.5 12.0 16.3 443 237 212 359 892 783 13.9

      Other peripheral equipment................ 770 818 768 ‐5.9 6.5 7.3 806 633 647 739 2,086 1,896 10.0

      Nondefense communications

          equipment.................................... 3,506 3,537 3,499 ‐0.9 1.1 2.0 4,022 2,885 2,727 3,645 9,634 8,578 12.3

      Defense communications equipment.... 319 275 316 16.0 ‐13.0 ‐4.0 322 276 279 288 877 762 15.1

      Audio and video equipment.................... 333 330 331 0.9 ‐0.3 ‐11.7 311 282 240 218 833 571 45.9

      Electronic components......................... 3,597 3,585 3,536 0.3 1.4 ‐1.1 3,770 3,220 3,163 3,692 10,153 10,077 0.8

      Nondefense search and navigation

          equipment...................................... 1,590 1,578 1,592 0.8 ‐0.9 1.5 1,804 1,481 1,390 1,718 4,675 4,485 4.2

      Defense search and navigation

          equipment..................................... 2,850 2,771 2,755 2.9 0.6 ‐0.9 3,056 2,606 2,284 2,879 7,946 7,855 1.2

      Electromedical, measuring,

          and control instruments................. 9,300 9,282 9,435 0.2 ‐1.6 ‐0.7 10,155 8,190 7,994 10,111 26,339 25,486 3.3

  Electrical equipment, appliances,        

    and components................................... 11,571 11,529 11,456 0.4 0.6 0.0 12,028 10,549 10,318 11,812 32,895 31,834 3.3

      Electric lighting equipment..................... 1,024 1,021 1,026 0.3 ‐0.5 0.0 1,022 945 919 1,074 2,886 3,013 ‐4.2

      Household appliances........................ 1,737 1,740 1,791 ‐0.2 ‐2.8 0.8 1,794 1,519 1,525 1,804 4,838 4,731 2.3

      Electrical equipment............................ 3,046 3,051 3,070 ‐0.2 ‐0.6 2.5 3,379 2,853 2,729 3,528 8,961 9,034 ‐0.8

      Batteries........................................... 882 878 822 0.5 6.8 ‐8.4 798 748 746 886 2,292 2,553 ‐10.2

  Transportation equipment........................ 90,713 89,725 90,089 1.1 ‐0.4 ‐1.4 98,890 85,763 79,508 95,028 264,161 246,357 7.2

      Automobiles..................................... 9,276 8,937 8,873 3.8 0.7 ‐6.4 9,945 8,827 8,513 10,346 27,285 29,041 ‐6.0

      Light trucks and utility vehicles.............. 21,879 21,527 21,548 1.6 ‐0.1 ‐0.8 23,930 21,440 19,247 21,233 64,617 55,322 16.8

      Heavy duty trucks ............................. 3,279 3,117 3,210 5.2 ‐2.9 9.3 3,445 2,781 2,854 2,906 9,080 7,686 18.1

      Motor vehicle bodies, parts,       

          and trailers.................................... 28,561 28,124 27,896 1.6 0.8 ‐0.5 30,145 28,197 26,282 28,548 84,624 79,666 6.2

      Nondefense aircraft and parts................ 13,579 13,647 13,362 ‐0.5 2.1 ‐10.7 15,471 11,136 10,265 17,397 36,872 37,485 ‐1.6

      Defense aircraft and parts.................. 4,474 4,612 5,193 ‐3.0 ‐11.2 10.2 5,228 4,021 3,987 5,035 13,236 12,402 6.7

      Ships and boats................................. 2,903 2,857 2,839 1.6 0.6 0.8 3,224 2,831 2,233 3,066 8,288 8,065 2.8

  Furniture and related products.................. 6,787 6,696 6,629 1.4 1.0 ‐0.8 6,841 6,443 6,207 6,585 19,491 18,852 3.4

  Miscellaneous durable goods................. 13,599 13,616 13,579 ‐0.1 0.3 ‐0.3 14,133 12,690 12,638 14,573 39,461 40,296 ‐2.1

  Nondurable goods industries..................... 250,193 247,428 245,460 1.1 0.8 ‐0.1 252,962 227,742 233,591 251,570 714,295 710,863 0.5

  Food products....................................... 67,181 67,397 66,928 ‐0.3 0.7 0.2 67,912 64,656 64,838 69,116 197,406 198,313 ‐0.5

      Grain and oilseed milling....................... 7,708 7,565 7,382 1.9 2.5 0.1 7,748 7,299 7,437 8,180 22,484 23,726 ‐5.2

      Dairy products.................................. 9,239 9,455 9,248 ‐2.3 2.2 0.5 9,375 8,800 9,003 9,954 27,178 27,990 ‐2.9

      Meat, poultry, and seafood products... 19,540 19,535 19,435 0.0 0.5 ‐0.1 19,507 18,579 18,433 19,535 56,519 55,859 1.2

  Beverage and tobacco products................ 11,988 12,248 12,627 ‐2.1 ‐3.0 0.5 11,968 11,331 11,621 12,737 34,920 35,341 ‐1.2

      Beverages......................................... 8,597 8,593 8,689 0.0 ‐1.1 ‐1.0 8,577 7,676 7,683 8,748 23,936 23,907 0.1

      Tobacco............................................ 3,391 3,655 3,938 ‐7.2 ‐7.2 4.0 3,391 3,655 3,938 3,989 10,984 11,434 ‐3.9

  Textile mills........................................... 2,499 2,483 2,491 0.6 ‐0.3 ‐0.1 2,582 2,395 2,302 2,574 7,279 7,260 0.3

  Textile products................................... 2,298 2,315 2,332 ‐0.7 ‐0.7 ‐2.3 2,382 2,242 2,087 2,303 6,711 6,381 5.2

  Apparel................................................ 957 956 970 0.1 ‐1.4 ‐1.5 872 897 894 886 2,663 2,656 0.3

  Leather and allied products...................... 422 435 433 ‐3.0 0.5 2.6 438 438 402 429 1,278 1,186 7.8

  Paper products...................................... 16,137 16,202 16,138 ‐0.4 0.4 0.8 16,209 15,133 15,984 16,303 47,326 47,083 0.5

      Pulp, paper, and paperboard mills....... 6,452 6,469 6,472 ‐0.3 0.0 ‐1.0 6,456 5,981 6,491 6,644 18,928 19,263 ‐1.7

      Paperboard containers........................ 5,692 5,726 5,656 ‐0.6 1.2 3.1 5,729 5,326 5,660 5,665 16,715 16,333 2.3

  Printing................................................. 6,683 6,704 6,697 ‐0.3 0.1 0.7 6,656 6,079 6,479 6,620 19,214 18,752 2.5

  Petroleum and coal products.................. 55,493 52,341 50,439 6.0 3.8 ‐0.6 53,778 44,077 46,572 51,589 144,427 146,292 ‐1.3

      Petroleum refineries.......................... 51,176 48,140 46,076 6.3 4.5 ‐0.6 49,948 40,710 43,125 48,030 133,783 136,414 ‐1.9

  Chemical products..................................... 66,699 66,465 66,519 0.4 ‐0.1 ‐0.4 69,959 61,984 63,648 68,477 195,591 190,153 2.9

      Pesticides, fertilizers, and other

          agricultural chemicals....................... 2,735 2,699 2,761 1.3 ‐2.2 ‐2.3 3,434 2,731 2,374 3,165 8,539 7,795 9.5

      Pharmaceuticals and medicines............. 22,757 22,352 22,065 1.8 1.3 ‐0.4 23,244 20,499 21,622 21,250 65,365 61,050 7.1

      Paints, coatings, and adhesives.......... 3,808 3,903 3,906 ‐2.4 ‐0.1 ‐0.3 3,991 3,534 3,499 4,057 11,024 10,747 2.6

  Plastics and rubber products.................. 19,836 19,882 19,886 ‐0.2 0.0 0.2 20,206 18,510 18,764 20,536 57,480 57,446 0.1

Year to date

p Preliminary

r

Revised data due to late receipts and concurrent seasonal adjustment.   1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted

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

model parameters. Estimates are not adjusted for price changes.         2 Estimates and percent changes of shipments for the semiconductor industry are included in computers and electronic products, and all other applicable aggregate totals.  

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019.  Information on data sources and methodology can be found on our website at

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly

Industry % Change

Mar. Feb. Jan. Feb. ‐ Jan. ‐ Dec. ‐ Mar. Feb. Jan. Mar. 2019/

2019p 2019r 2019 Mar. Feb. Jan. 2019p 2019r 2019 2018 2019p 2018 2018

All manufacturing industries2........................ 508,192 498,844 500,122 1.9 ‐0.3 0.0 533,072 462,788 465,038 529,870 1,460,898 1,436,321 1.7

      Excluding transportation2...................... 414,428 411,190 409,840 0.8 0.3 ‐0.1 426,611 382,805 387,135 424,101 1,196,551 1,182,743 1.2

      Excluding defense2.............................. 491,710 483,692 486,276 1.7 ‐0.5 0.1 511,484 450,778 454,659 513,364 1,416,921 1,398,114 1.3

      With unfilled orders2

............................. 182,811 176,999 180,543 3.3 ‐2.0 0.5 200,793 164,269 164,590 201,910 529,652 518,617 2.1

  Durable goods industries2......................... 257,999 251,416 254,662 2.6 ‐1.3 0.1 280,110 235,046 231,447 278,300 746,603 725,458 2.9

  Primary metals........................................ 21,362 21,457 21,382 ‐0.4 0.4 ‐1.8 22,633 21,275 21,257 22,966 65,165 63,633 2.4

      Iron and steel mills.............................. 11,029 11,029 10,741 0.0 2.7 ‐3.7 11,725 11,007 10,660 11,453 33,392 31,922 4.6

      Aluminum and nonferrous metals.......... 8,806 8,933 9,098 ‐1.4 ‐1.8 ‐0.8 9,319 8,829 9,018 10,047 27,166 27,579 ‐1.5

      Ferrous metal foundries....................... 1,527 1,495 1,543 2.1 ‐3.1 5.9 1,589 1,439 1,579 1,466 4,607 4,132 11.5

  Fabricated metal products........................ 33,478 33,681 34,221 ‐0.6 ‐1.6 ‐0.5 34,947 32,565 33,165 34,818 100,677 97,484 3.3

  Machinery............................................. 33,050 33,002 33,298 0.1 ‐0.9 2.1 35,569 32,264 31,586 35,436 99,419 98,025 1.4

      Construction machinery........................ 2,984 3,047 2,952 ‐2.1 3.2 4.0 3,256 3,161 2,855 3,156 9,272 9,134 1.5

      Mining, oil field, and

          gas field machinery.......................... 1,296 1,398 1,384 ‐7.3 1.0 2.1 1,308 1,451 1,268 1,598 4,027 4,615 ‐12.7

      Industrial machinery............................ 2,606 2,540 2,642 2.6 ‐3.9 15.5 2,991 2,176 2,493 3,075 7,660 7,711 ‐0.7

      Photographic equipment....................... 527 478 513 10.3 ‐6.8 ‐7.6 547 390 454 547 1,391 1,459 ‐4.7

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 4,161 4,164 4,636 ‐0.1 ‐10.2 15.9 4,455 3,528 4,146 4,192 12,129 10,651 13.9

      Metalworking machinery....................... 2,570 2,504 2,539 2.6 ‐1.4 3.8 2,547 2,365 2,521 2,776 7,433 8,623 ‐13.8

      Turbines, generators, and other        

          power transmission equipment........... 4,535 4,358 4,235 4.1 2.9 4.5 4,537 4,341 4,040 4,205 12,918 12,139 6.4

      Material handling equipment.................. 2,723 2,753 2,824 ‐1.1 ‐2.5 ‐4.6 2,835 2,800 2,690 2,997 8,325 8,259 0.8

  Computers and electronic products2........... 24,186 23,672 23,592 2.2 0.3 ‐1.9 27,190 21,097 20,240 25,805 68,527 65,234 5.0

      Computers........................................ 664 680 756 ‐2.4 ‐10.1 ‐4.8 666 486 588 853 1,740 2,044 ‐14.9

      Nondefense communications

          equipment...................................... 3,605 3,316 3,377 8.7 ‐1.8 3.5 4,181 3,036 2,700 3,725 9,917 9,358 6.0

      Defense communications equipment....... 328 262 267 25.2 ‐1.9 ‐6.0 382 272 213 328 867 805 7.7

      Electronic components......................... 3,579 3,540 3,562 1.1 ‐0.6 ‐1.8 3,552 3,294 3,469 3,592 10,315 10,544 ‐2.2

      Nondefense search and navigation

          equipment...................................... 1,708 1,641 1,701 4.1 ‐3.5 ‐5.4 1,891 1,549 1,543 1,793 4,983 4,645 7.3

      Defense search and navigation

          equipment...................................... 3,290 2,926 2,702 12.4 8.3 ‐16.2 4,081 2,641 2,157 3,506 8,879 7,942 11.8

      Electromedical, measuring,

          and control instruments..................... 9,203 9,436 9,456 ‐2.5 ‐0.2 1.0 10,432 8,283 8,097 10,423 26,812 25,941 3.4

  Electrical equipment, appliances,        

    and components................................... 11,570 11,512 11,355 0.5 1.4 1.1 12,170 10,767 10,675 12,023 33,612 32,511 3.4

      Electric lighting equipment..................... 1,019 1,021 1,026 ‐0.2 ‐0.5 0.0 1,030 959 960 1,087 2,949 3,089 ‐4.5

      Household appliances.......................... 1,710 1,742 1,676 ‐1.8 3.9 ‐1.1 1,805 1,407 1,496 1,957 4,708 4,925 ‐4.4

      Electrical equipment............................ 3,151 3,107 3,131 1.4 ‐0.8 1.6 3,457 2,976 2,972 3,406 9,405 8,975 4.8

  Transportation equipment........................ 93,764 87,654 90,282 7.0 ‐2.9 0.4 106,461 79,983 77,903 105,769 264,347 253,578 4.2

      Motor vehicle bodies, parts,       

          and trailers..................................... 28,661 28,245 28,211 1.5 0.1 0.6 30,332 29,090 26,547 28,817 85,969 80,617 6.6

      Nondefense aircraft and parts................ 14,445 11,024 14,781 31.0 ‐25.4 9.2 18,264 6,336 10,677 26,361 35,277 43,714 ‐19.3

      Defense aircraft and parts.................... 5,560 4,724 4,502 17.7 4.9 1.5 6,748 3,218 3,904 4,746 13,870 10,075 37.7

      Ships and boats.................................. 4,686 3,876 2,639 20.9 46.9 ‐2.8 6,602 2,995 1,756 3,503 11,353 10,788 5.2

  Furniture and related products................... 6,615 6,540 6,714 1.1 ‐2.6 0.2 7,082 6,603 6,372 6,931 20,057 19,569 2.5

  Nondurable goods industries..................... 250,193 247,428 245,460 1.1 0.8 ‐0.1 252,962 227,742 233,591 251,570 714,295 710,863 0.5

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/>.       

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019.  Information on data sources and methodology can be found on our website at

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry March

Mar. Feb. Jan. Feb. ‐ Jan. ‐ Dec. ‐ Mar. Feb. Jan. Mar. 2019/

2019p 2019r 2019 Mar. Feb. Jan. 2019p 2019r 2019 2018 2018

All manufacturing industries2...................... 1,181,211 1,178,477 1,181,219 0.2 ‐0.2 0.1 1,189,441 1,179,670 1,182,497 1,157,330 2.8

      Excluding transportation2

...................... 369,326 369,643 370,314 ‐0.1 ‐0.2 0.1 372,678 370,478 367,525 360,270 3.4

      Excluding defense2............................. 981,118 980,326 983,792 0.1 ‐0.4 0.2 987,724 983,092 984,204 976,590 1.1

  Durable goods industries2........................ 1,181,211 1,178,477 1,181,219 0.2 ‐0.2 0.1 1,189,441 1,179,670 1,182,497 1,157,330 2.8

  Primary metals........................................ 31,847 31,781 31,712 0.2 0.2 0.4 32,649 32,195 31,386 30,257 7.9

      Iron and steel mills............................... 16,695 16,596 16,590 0.6 0.0 ‐0.9 17,186 16,685 16,158 16,404 4.8

      Aluminum and nonferrous metals............. 11,620 11,645 11,575 ‐0.2 0.6 1.9 11,861 11,876 11,603 10,623 11.7

      Ferrous metal foundries........................ 3,532 3,540 3,547 ‐0.2 ‐0.2 1.8 3,602 3,634 3,625 3,230 11.5

  Fabricated metal products......................... 85,842 86,395 86,594 ‐0.6 ‐0.2 0.5 86,412 85,991 85,130 82,006 5.4

  Machinery.............................................. 104,906 105,120 105,572 ‐0.2 ‐0.4 0.0 105,555 106,009 105,512 104,516 1.0

      Construction machinery......................... 6,410 6,353 6,340 0.9 0.2 ‐2.1 6,770 6,699 6,558 6,634 2.1

      Mining, oil field, and

          gas field machinery.......................... 4,057 4,154 4,185 ‐2.3 ‐0.7 ‐1.5 4,121 4,257 4,120 4,682 ‐12.0

      Industrial machinery............................. 8,344 8,398 8,473 ‐0.6 ‐0.9 0.6 8,387 8,381 8,467 8,847 ‐5.2

      Photographic equipment........................ 1,272 1,328 1,464 ‐4.2 ‐9.3 ‐3.4 1,285 1,402 1,571 1,747 ‐26.4

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment................ 8,108 8,043 7,998 0.8 0.6 8.3 8,236 8,133 7,963 6,535 26.0

      Metalworking machinery........................ 7,213 7,309 7,480 ‐1.3 ‐2.3 ‐1.1 7,184 7,391 7,415 8,173 ‐12.1

      Turbines, generators, and other        

          power transmission equipment............ 28,825 28,664 28,693 0.6 ‐0.1 ‐0.4 28,671 28,610 28,661 29,597 ‐3.1

      Material handling equipment................... 12,847 13,027 13,152 ‐1.4 ‐1.0 ‐0.4 12,930 13,142 13,082 11,855 9.1

  Computers and electronic products2............. 118,248 117,695 117,610 0.5 0.1 0.0 119,226 117,834 117,425 114,580 4.1

      Computers......................................... 2,229 2,227 2,235 0.1 ‐0.4 1.8 2,229 2,227 2,235 1,996 11.7

      Nondefense communications

          equipment...................................... 24,792 24,693 24,914 0.4 ‐0.9 ‐0.5 25,041 24,882 24,731 24,409 2.6

      Defense communications equipment........ 1,310 1,301 1,314 0.7 ‐1.0 ‐3.6 1,325 1,265 1,269 1,473 ‐10.0

      Electronic components.......................... 12,901 12,919 12,964 ‐0.1 ‐0.3 0.2 12,958 13,176 13,102 12,289 5.4

      Nondefense search and navigation

          equipment....................................... 20,312 20,194 20,131 0.6 0.3 0.5 20,169 20,082 20,014 19,233 4.9

      Defense search and navigation

          equipment....................................... 28,580 28,140 27,985 1.6 0.6 ‐0.2 28,999 27,974 27,939 27,292 6.3

      Electromedical, measuring,

          and control instruments...................... 28,124 28,221 28,067 ‐0.3 0.5 0.1 28,505 28,228 28,135 27,888 2.2

  Electrical equipment, appliances,        

    and components.................................... 19,365 19,366 19,383 0.0 ‐0.1 ‐0.5 19,672 19,530 19,312 19,709 ‐0.2

      Electric lighting equipment..................... 1,406 1,411 1,411 ‐0.4 0.0 0.0 1,414 1,406 1,392 1,421 ‐0.5

      Household appliances........................... 1,134 1,161 1,159 ‐2.3 0.2 ‐9.0 1,085 1,074 1,186 1,378 ‐21.3

      Electrical equipment............................. 8,017 7,912 7,856 1.3 0.7 0.8 8,098 8,020 7,897 7,776 4.1

  Transportation equipment......................... 811,885 808,834 810,905 0.4 ‐0.3 0.0 816,763 809,192 814,972 797,060 2.5

      Motor vehicle bodies, parts,       

          and trailers...................................... 27,586 27,486 27,365 0.4 0.4 1.2 28,537 28,350 27,457 27,458 3.9

      Nondefense aircraft and parts................ 593,874 593,008 595,631 0.1 ‐0.4 0.2 596,593 593,800 598,600 599,339 ‐0.5

      Defense aircraft and parts..................... 82,390 81,304 81,192 1.3 0.1 ‐0.8 82,823 81,303 82,106 70,167 18.0

      Ships and boats.................................. 31,991 30,208 29,189 5.9 3.5 ‐0.7 32,569 29,191 29,027 29,777 9.4

  Furniture and related products................... 8,589 8,761 8,917 ‐2.0 ‐1.7 1.0 8,635 8,394 8,234 8,596 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.         2 Data on unfilled orders are not available for the semiconductor industry.  Estimates and percent changes for unfilled orders exclude semiconductor industry data.      

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019.  Information on data sources and methodology can be found on our website at

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry March

Mar. Feb. Jan. Feb. ‐ Jan. ‐ Dec. ‐ Mar. Feb. Jan. Mar. 2019/

2019p 2019r 2019 Mar. Feb. Jan. 2019p 2019r 2019 2018 2018

  All manufacturing industries...................... 690,862 688,056 685,778 0.4 0.3 0.5 690,104 691,949 684,455 663,752 4.0

      Excluding transportation........................ 556,570 553,941 553,051 0.5 0.2 0.4 556,310 556,525 551,839 535,630 3.9

      Excluding defense............................. 663,408 660,775 658,472 0.4 0.3 0.5 662,606 664,592 657,284 636,825 4.0

      With unfilled orders............................. 342,746 341,450 340,125 0.4 0.4 0.5 341,573 343,301 339,242 324,901 5.1

  Durable goods industries........................ 420,491 419,293 417,593 0.3 0.4 0.5 419,495 422,636 417,311 399,879 4.9

  Wood products........................................ 12,283 12,280 12,381 0.0 ‐0.8 ‐0.6 12,574 12,711 12,736 12,380 1.6

  Nonmetallic mineral products..................... 14,974 14,947 14,903 0.2 0.3 ‐0.3 15,250 15,201 14,939 14,383 6.0

  Primary metals......................................... 36,413 36,638 36,676 ‐0.6 ‐0.1 0.3 36,155 36,724 36,790 33,839 6.8

      Iron and steel mills............................... 20,600 20,858 21,031 ‐1.2 ‐0.8 0.1 20,401 20,951 21,212 19,012 7.3

      Aluminum and nonferrous metals............ 13,644 13,643 13,558 0.0 0.6 0.8 13,575 13,571 13,460 12,858 5.6

      Ferrous metal foundries........................ 2,169 2,137 2,087 1.5 2.4 0.0 2,179 2,202 2,118 1,969 10.7

  Fabricated metal products......................... 54,923 54,878 54,769 0.1 0.2 0.2 54,980 55,094 54,787 51,711 6.3

  Machinery.............................................. 71,704 70,989 70,910 1.0 0.1 0.5 71,697 71,498 70,707 67,599 6.1

      Farm machinery.................................. 3,950 3,917 3,889 0.8 0.7 2.5 4,176 4,238 4,045 3,826 9.1

      Construction machinery......................... 5,841 5,766 5,797 1.3 ‐0.5 1.3 5,925 5,830 5,804 5,561 6.5

      Mining, oil field,   

          and gas field machinery.................... 5,588 5,509 5,450 1.4 1.1 0.3 5,572 5,528 5,460 5,389 3.4

      Industrial machinery............................. 8,486 8,390 8,298 1.1 1.1 ‐0.3 8,644 8,421 8,086 8,457 2.2

      Photographic equipment....................... 1,735 1,711 1,722 1.4 ‐0.6 0.0 1,654 1,731 1,738 1,595 3.7

      Ventilation, heating, air‐conditioning,

          and refrigeration equipment............... 5,512 5,438 5,377 1.4 1.1 1.8 5,639 5,567 5,253 5,008 12.6

      Metalworking machinery........................ 6,103 6,020 5,977 1.4 0.7 ‐0.3 6,029 5,992 5,922 5,707 5.6

      Turbines, generators, and other

          power transmission equipment............ 9,821 9,715 10,042 1.1 ‐3.3 0.8 9,600 9,710 10,008 9,475 1.3

      Material handling equipment.................. 5,951 5,901 5,848 0.8 0.9 ‐0.3 5,831 5,764 5,700 5,470 6.6

  Computers and electronic products2

............ 43,442 43,272 43,298 0.4 ‐0.1 0.0 42,893 43,626 42,868 42,643 0.6

      Computers......................................... 1,583 1,556 1,507 1.7 3.3 0.0 1,537 1,626 1,508 1,473 4.3

      Computer storage devices.................... 1,141 1,101 1,051 3.6 4.8 ‐3.8 1,064 1,156 1,018 955 11.4

      Other peripheral equipment................... 1,172 1,182 1,145 ‐0.8 3.2 ‐2.3 1,128 1,196 1,134 1,068 5.6

      Nondefense communications

          equipment...................................... 4,834 4,773 4,806 1.3 ‐0.7 1.3 4,742 4,851 4,715 4,513 5.1

      Defense communications equipment........ 703 696 670 1.0 3.9 4.4 703 696 670 662 6.2

      Audio and video equipment.................... 651 631 625 3.2 1.0 1.8 611 622 628 536 14.0

      Electronic components.......................... 7,269 7,254 7,206 0.2 0.7 0.3 7,274 7,314 7,262 7,462 ‐2.5

      Nondefense search and navigation

          equipment...................................... 2,651 2,655 2,641 ‐0.2 0.5 0.6 2,625 2,644 2,640 2,549 3.0

      Defense search and navigation

          equipment....................................... 2,546 2,514 2,568 1.3 ‐2.1 ‐1.0 2,556 2,535 2,569 2,625 ‐2.6

      Electromedical, measuring        

          and control instruments...................... 15,603 15,548 15,593 0.4 ‐0.3 0.0 15,422 15,485 15,314 15,038 2.6

  Electrical equipment, appliances,        

    and components.................................... 20,140 20,043 19,846 0.5 1.0 0.9 20,247 20,261 19,809 18,414 10.0

      Electric lighting equipment..................... 2,273 2,273 2,263 0.0 0.4 0.1 2,249 2,278 2,294 2,177 3.3

      Household appliances........................... 2,889 2,864 2,824 0.9 1.4 0.6 2,932 2,937 2,794 2,844 3.1

      Electrical equipment............................. 5,725 5,675 5,631 0.9 0.8 1.1 5,777 5,817 5,696 5,100 13.3

      Batteries............................................ 1,902 1,879 1,852 1.2 1.5 1.6 1,881 1,818 1,761 1,825 3.1

  Transportation equipment......................... 134,292 134,115 132,727 0.1 1.0 1.0 133,794 135,424 132,616 128,122 4.4

      Automobiles....................................... 4,298 4,553 4,353 ‐5.6 4.6 6.0 4,292 4,711 4,387 3,975 8.0

      Light trucks and utility vehicles.............. 4,795 4,861 4,725 ‐1.4 2.9 4.9 4,596 4,926 4,835 4,251 8.1

      Heavy duty trucks ............................... 2,221 2,242 2,207 ‐0.9 1.6 ‐1.9 2,221 2,288 2,215 2,029 9.5

      Motor vehicle bodies, parts,       

          and trailers...................................... 26,446 26,307 26,185 0.5 0.5 0.4 26,482 26,503 26,487 25,378 4.4

      Nondefense aircraft and parts................ 68,096 67,872 67,013 0.3 1.3 0.8 67,814 68,686 66,613 65,098 4.2

      Defense aircraft and parts..................... 13,177 13,322 13,321 ‐1.1 0.0 3.1 13,138 13,362 13,278 12,818 2.5

      Ships and boats.................................. 3,213 2,980 3,006 7.8 ‐0.9 0.2 3,277 2,974 2,977 2,963 10.6

  Furniture and related products.................... 8,068 8,053 8,091 0.2 ‐0.5 0.7 7,924 7,996 8,117 7,775 1.9

  Miscellaneous durable goods..................... 24,252 24,078 23,992 0.7 0.4 0.7 23,981 24,101 23,942 23,013 4.2

  Nondurable goods industries...................... 270,371 268,763 268,185 0.6 0.2 0.6 270,609 269,313 267,144 263,873 2.6

  Food products........................................ 53,963 53,857 53,939 0.2 ‐0.2 0.4 52,949 53,623 53,569 53,707 ‐1.4

      Grain and oilseed milling........................ 5,173 5,136 5,126 0.7 0.2 2.7 5,205 5,313 5,248 5,405 ‐3.7

      Dairy products.................................... 7,680 7,593 7,599 1.1 ‐0.1 ‐0.9 7,678 7,500 7,398 7,536 1.9

      Meat, poultry, and seafood products....... 9,222 9,220 9,285 0.0 ‐0.7 0.5 9,251 9,209 9,059 9,417 ‐1.8

  Beverage and tobacco products................ 24,957 24,814 24,699 0.6 0.5 ‐0.5 25,250 25,234 25,132 24,754 2.0

      Beverages......................................... 20,372 20,294 20,177 0.4 0.6 ‐0.5 20,571 20,521 20,371 19,968 3.0

      Tobacco............................................ 4,585 4,520 4,522 1.4 0.0 ‐0.7 4,679 4,713 4,761 4,786 ‐2.2

  Textile mills............................................ 3,432 3,453 3,490 ‐0.6 ‐1.1 0.5 3,421 3,470 3,506 3,182 7.5

  Textile products...................................... 3,567 3,558 3,579 0.3 ‐0.6 0.5 3,579 3,596 3,607 3,434 4.2

  Apparel................................................. 1,940 1,934 1,933 0.3 0.1 ‐0.4 1,900 1,934 1,938 1,875 1.3

  Leather and allied products....................... 789 797 814 ‐1.0 ‐2.1 ‐2.2 767 782 815 756 1.5

  Paper products....................................... 16,380 16,335 16,316 0.3 0.1 0.5 16,499 16,476 16,411 15,941 3.5

      Pulp, paper, and paperboard mills........... 6,820 6,767 6,752 0.8 0.2 1.4 6,936 6,863 6,789 6,608 5.0

      Paperboard containers......................... 5,061 5,050 5,048 0.2 0.0 0.0 5,080 5,097 5,082 4,998 1.6

  Printing.................................................. 5,598 5,599 5,667 0.0 ‐1.2 0.5 5,584 5,578 5,560 5,416 3.1

  Petroleum and coal products..................... 41,526 40,315 39,320 3.0 2.5 3.7 41,058 39,422 37,944 39,989 2.7

      Petroleum refineries............................. 35,557 34,277 33,374 3.7 2.7 4.0 35,127 33,277 31,951 34,783 1.0

  Chemical products..................................... 90,987 90,862 91,179 0.1 ‐0.3 0.0 92,032 91,531 91,374 88,471 4.0

      Pesticides, fertilizers, and other

          agricultural chemicals........................ 4,947 4,844 4,746 2.1 2.1 1.9 5,376 5,334 5,182 4,911 9.5

      Pharmaceuticals and medicines.............. 37,303 37,091 37,164 0.6 ‐0.2 ‐0.3 37,686 36,964 36,947 35,889 5.0

      Paints, coatings, and adhesives.............. 3,954 3,934 3,966 0.5 ‐0.8 ‐0.1 4,053 4,015 3,986 3,959 2.4

  Plastics and rubber products..................... 27,232 27,239 27,249 0.0 0.0 ‐0.3 27,570 27,667 27,288 26,348 4.6

p Preliminary

r Revised data due to late receipts and concurrent seasonal adjustment.   1

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

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

Estimates are not adjusted for price changes.        2 Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals.        

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019.  Information on data sources and methodology can be found on our website at

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

               Topical Series1, 2

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry % Change6

Mar. Feb. Jan. Feb. ‐ Jan. ‐ Dec. ‐ Mar. Feb. Jan. Mar. 2019/

2019p 2019r 2019 Mar. Feb. Jan. 2019p 2019r 2019 2018 2019p 2018 2018

SHIPMENTS

  All manufacturing industries......................... 509,701 505,976 503,490 0.7 0.5 ‐0.3 526,879 469,660 466,970 518,285 1,463,509 1,427,121 2.5

    Construction materials and supplies....... 52,209 52,171 52,210 0.1 ‐0.1 0.4 51,618 46,210 46,157 50,913 143,985 139,901 2.9

    Information technology......................... 25,501 25,455 25,396 0.2 0.2 0.0 27,727 22,511 21,567 26,138 71,805 67,092 7.0

    Computers and related products........... 1,746 1,842 1,784 ‐5.2 3.3 1.1 1,913 1,364 1,407 1,861 4,684 4,605 1.7

    Motor vehicle and parts......................... 62,995 61,705 61,527 2.1 0.3 ‐1.0 67,465 61,245 56,896 63,033 185,606 171,715 8.1

    Capital goods......................................      91,773 91,463 91,417 0.3 0.1 ‐0.9 99,733 83,351 78,685 97,981 261,769 251,067 4.3

      Nondefense capital goods3

.................. 79,199 79,039 78,471 0.2 0.7 ‐1.5 85,602 71,362 68,046 85,881 225,010 219,210 2.6

        Excluding aircraft............................. 69,803 69,792 69,591 0.0 0.3 1.0 75,031 64,401 62,095 73,191 201,527 194,566 3.6

      Defense capital goods4

........................ 12,574 12,424 12,946 1.2 ‐4.0 3.0 14,131 11,989 10,639 12,100 36,759 31,857 15.4

    Consumer goods.................................. 213,895 210,284 208,080 1.7 1.1 ‐0.5 217,273 195,768 197,022 213,382 610,063 601,675 1.4

      Consumer durable goods..................... 44,748 44,124 44,251 1.4 ‐0.3 ‐1.8 48,133 43,441 40,196 46,106 131,770 124,116 6.2

      Consumer nondurable goods................ 169,147 166,160 163,829 1.8 1.4 ‐0.2 169,140 152,327 156,826 167,276 478,293 477,559 0.2

  All manufacturing industries5

...................... 508,192 498,844 500,122 1.9 ‐0.3 0.0 533,072 462,788 465,038 529,870 1,460,898 1,436,321 1.7

    Construction materials and supplies....... 51,854 51,996 52,823 ‐0.3 ‐1.6 0.6 52,216 46,844 47,374 52,498 146,434 143,785 1.8

    Information technology......................... 25,942 25,374 25,243 2.2 0.5 ‐1.0 29,265 22,870 21,726 27,447 73,861 69,118 6.9

    Computers and related products........... 1,748 1,834 1,824 ‐4.7 0.5 3.2 1,915 1,356 1,447 1,951 4,718 4,723 ‐0.1

    Motor vehicle and parts......................... 63,095 61,826 61,842 2.1 0.0 ‐0.5 67,652 62,138 57,161 63,302 186,951 172,666 8.3

    Capital goods......................................      94,363 88,499 92,114 6.6 ‐3.9 1.0 108,169 77,744 79,971 108,637 265,884 262,779 1.2

      Nondefense capital goods3

.................. 80,468 75,526 79,541 6.5 ‐5.0 1.5 89,486 67,519 69,988 94,171 226,993 229,789 ‐1.2

        Excluding aircraft............................. 69,979 68,988 68,959 1.4 0.0 0.9 75,978 65,556 63,635 73,995 205,169 199,559 2.8

      Defense capital goods4

........................ 13,895 12,973 12,573 7.1 3.2 ‐1.8 18,683 10,225 9,983 14,466 38,891 32,990 17.9

    Consumer goods.................................. 213,825 210,225 207,962 1.7 1.1 ‐0.5 217,280 195,731 197,140 213,592 610,151 602,217 1.3

      Consumer durable goods..................... 44,678 44,065 44,133 1.4 ‐0.2 ‐1.7 48,140 43,404 40,314 46,316 131,858 124,658 5.8

      Consumer nondurable goods.............. 169,147 166,160 163,829 1.8 1.4 ‐0.2 169,140 152,327 156,826 167,276 478,293 477,559 0.2

  All manufacturing industries5

...................... 1,181,211 1,178,477 1,181,219 0.2 ‐0.2 0.1 1,189,441 1,179,670 1,182,497 1,157,330 (X) (X) 2.8

    Construction materials and supplies....... 59,859 60,214 60,389 ‐0.6 ‐0.3 1.0 60,254 59,656 59,022 56,455 (X) (X) 6.7

    Information technology......................... 115,427 114,986 115,067 0.4 ‐0.1 ‐0.1 116,628 115,090 114,731 113,172 (X) (X) 3.1

    Computers and related products........... 2,229 2,227 2,235 0.1 ‐0.4 1.8 2,229 2,227 2,235 1,996 (X) (X) 11.7

    Motor vehicle and parts......................... 27,586 27,486 27,365 0.4 0.4 1.2 28,537 28,350 27,457 27,458 (X) (X) 3.9

    Capital goods......................................      865,890 863,300 866,264 0.3 ‐0.3 0.1 871,312 862,876 868,483 860,805 (X) (X) 1.2

      Nondefense capital goods3

.................. 707,889 706,620 710,133 0.2 ‐0.5 0.2 711,403 707,519 711,362 713,391 (X) (X) ‐0.3

        Excluding aircraft............................. 221,443 221,267 222,071 0.1 ‐0.4 ‐0.3 222,987 222,040 220,885 219,483 (X) (X) 1.6

      Defense capital goods4........................ 158,001 156,680 156,131 0.8 0.4 ‐0.2 159,909 155,357 157,121 147,414 (X) (X) 8.5

    Consumer goods.................................. 4,454 4,524 4,583 ‐1.5 ‐1.3 ‐2.5 4,574 4,567 4,604 5,353 (X) (X) ‐14.6

      Consumer durable goods..................... 4,454 4,524 4,583 ‐1.5 ‐1.3 ‐2.5 4,574 4,567 4,604 5,353 (X) (X) ‐14.6

  All manufacturing industries....................... 690,862 688,056 685,778 0.4 0.3 0.5 690,104 691,949 684,455 663,752 (X) (X) 4.0

    Construction materials and supplies....... 74,283 74,374 74,317 ‐0.1 0.1 0.1 74,987 75,433 74,633 70,871 (X) (X) 5.8

    Information technology......................... 40,214 39,969 39,849 0.6 0.3 0.2 39,681 40,206 39,442 37,713 (X) (X) 5.2

    Computers and related products........... 3,896 3,839 3,703 1.5 3.7 ‐1.8 3,729 3,978 3,660 3,496 (X) (X) 6.7

    Motor vehicle and parts......................... 37,760 37,963 37,470 ‐0.5 1.3 1.5 37,591 38,428 37,924 35,633 (X) (X) 5.5

    Capital goods......................................      208,020 206,573 206,027 0.7 0.3 0.7 207,250 207,696 204,597 197,538 (X) (X) 4.9

      Nondefense capital goods3

.................. 184,917 183,639 183,082 0.7 0.3 0.6 184,064 184,726 181,744 174,897 (X) (X) 5.2

        Excluding aircraft............................. 129,116 128,158 128,035 0.7 0.1 0.5 128,391 128,694 127,120 121,540 (X) (X) 5.6

      Defense capital goods4

........................ 23,103 22,934 22,945 0.7 0.0 1.3 23,186 22,970 22,853 22,641 (X) (X) 2.4

    Consumer goods.................................. 203,716 202,177 200,844 0.8 0.7 0.9 202,440 201,786 199,897 198,275 (X) (X) 2.1

      Consumer durable goods..................... 31,247 31,429 30,943 ‐0.6 1.6 1.5 30,797 31,873 31,442 29,416 (X) (X) 4.7

      Consumer nondurable goods................ 172,469 170,748 169,901 1.0 0.5 0.8 171,643 169,913 168,455 168,859 (X) (X) 1.6

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES

X

  Not Applicable p Preliminary

r

Revised data due to late receipts and concurrent seasonal adjustment.      1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for non‐

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

are not adjusted for price changes.         2

Topical series are regroupings of the separate industry categories.     3 Nondefense capital goods industries include: small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery; industrial machinery; vending, laundry, and other machinery; photographic equipment;

metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers; computer storage devices; other computer peripheral equipment;

communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and

boats; office and institutional furniture; and medical equipment and supplies.         4 Defense capital goods industries include:  small arms and ordnance; communications equipment; aircraft; missiles, space vehicles, and parts; ships and boats; and search and navigation equipment. 5

Estimates and percent changes exclude semiconductor industry data.      6 Based on year‐to‐date for shipments and new orders, but on same month prior year for unfilled orders and inventories.           

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019.  Information on data sources and methodology can be found on our website at

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry March

Mar. Feb. Jan. Feb. ‐ Jan. ‐ Dec. ‐ Mar. Feb. Jan. Mar. 2019/

2019p 2019r 2019 Mar. Feb. Jan. 2019p 2019r 2019 2018 2018

MATERIALS AND SUPPLIES

  All manufacturing industries....................... 238,387 238,660 238,838 ‐0.1 ‐0.1 0.5 237,490 239,047 239,421 225,546 5.3

    Durable goods industries.......................... 145,958 146,164 146,459 ‐0.1 ‐0.2 0.5 144,931 146,176 146,975 135,439 7.0

      Wood products................................... 5,173 5,163 5,206 0.2 ‐0.8 ‐0.5 5,155 5,343 5,473 4,996 3.2

      Nonmetallic mineral products................. 6,194 6,196 6,052 0.0 2.4 0.6 6,207 6,198 6,040 5,839 6.3

      Primary metals.................................... 13,121 13,502 13,390 ‐2.8 0.8 1.2 12,849 13,496 13,520 12,087 6.3

      Fabricated metal products..........................       20,702 20,708 20,672 0.0 0.2 ‐0.7 20,496 20,579 20,741 18,902 8.4

      Machinery.......................................... 29,412 29,049 29,120 1.2 ‐0.2 0.9 29,281 28,917 29,065 26,116 12.1

      Computers and electronic products........ 18,800 18,879 19,029 ‐0.4 ‐0.8 0.1 18,599 18,910 18,974 17,935 3.7

      Electrical equipment, appliances,

         and components............................... 8,457 8,475 8,451 ‐0.2 0.3 1.0 8,495 8,504 8,439 7,665 10.8

      Transportation equipment..................... 32,143 32,278 32,533 ‐0.4 ‐0.8 0.7 32,056 32,388 32,672 30,522 5.0

      Furniture and related products............... 3,949 3,953 4,015 ‐0.1 ‐1.5 2.0 3,917 3,940 4,047 3,762 4.1

      Miscellaneous products......................... 8,007 7,961 7,991 0.6 ‐0.4 0.1 7,876 7,901 8,004 7,615 3.4

   Nondurable goods industries...................... 92,429 92,496 92,379 ‐0.1 0.1 0.6 92,559 92,871 92,446 90,107 2.7

      Food  products.................................... 17,898 17,895 17,742 0.0 0.9 1.0 17,606 17,738 17,863 17,726 ‐0.7

      Beverage and tobacco products........................ 5,959 5,988 6,013 ‐0.5 ‐0.4 0.4 6,043 6,167 6,188 5,958 1.4

      Textiles.............................................. 1,183 1,190 1,190 ‐0.6 0.0 ‐0.7 1,175 1,192 1,190 1,089 7.9

      Textile products................................... 1,371 1,359 1,359 0.9 0.0 1.8 1,373 1,363 1,359 1,315 4.4

      Apparel............................................. 504 513 521 ‐1.8 ‐1.5 0.8 501 516 524 492 1.8

      Leather and allied products.................... 279 278 280 0.4 ‐0.7 ‐0.4 271 273 279 238 13.9

      Paper products.................................... 8,240 8,237 8,197 0.0 0.5 ‐0.2 8,274 8,287 8,277 8,048 2.8

      Printing ............................................. 2,798 2,832 2,894 ‐1.2 ‐2.1 ‐0.3 2,790 2,827 2,859 2,789 0.0

      Petroleum and coal products................. 11,348 11,160 11,071 1.7 0.8 ‐0.3 11,468 10,970 10,569 11,836 ‐3.1

      Chemical products................................ 31,379 31,530 31,688 ‐0.5 ‐0.5 1.4 31,578 31,931 31,829 29,723 6.2

      Plastics and rubber products.................. 11,470 11,514 11,424 ‐0.4 0.8 ‐0.4 11,480 11,607 11,509 10,893 5.4

WORK IN PROCESS

  All manufacturing industries....................... 212,056 210,595 208,533 0.7 1.0 0.6 212,048 211,913 207,304 205,328 3.3

    Durable goods industries.......................... 155,572 154,741 152,887 0.5 1.2 0.6 155,354 156,064 151,918 150,296 3.4

      Wood products................................... 2,209 2,206 2,196 0.1 0.5 ‐1.5 2,286 2,264 2,221 2,270 0.7

      Nonmetallic mineral products................. 1,572 1,572 1,586 0.0 ‐0.9 ‐0.3 1,629 1,624 1,596 1,592 2.3

      Primary metals.................................... 10,616 10,685 10,658 ‐0.6 0.3 ‐1.0 10,498 10,643 10,544 9,912 5.9

      Fabricated metal products..........................       14,192 14,146 14,132 0.3 0.1 0.9 14,132 14,162 14,043 13,595 3.9

      Machinery.......................................... 18,497 18,389 18,386 0.6 0.0 0.4 18,317 18,505 18,112 18,606 ‐1.6

      Computers and electronic products........ 12,599 12,513 12,367 0.7 1.2 ‐0.3 12,650 12,653 12,118 13,344 ‐5.2

      Electrical equipment, appliances,

         and components............................... 4,243 4,229 4,178 0.3 1.2 ‐0.7 4,266 4,292 4,174 3,822 11.6

      Transportation equipment..................... 86,336 85,749 84,169 0.7 1.9 1.0 86,325 86,662 83,901 82,094 5.2

      Furniture and related products............... 1,367 1,375 1,362 ‐0.6 1.0 0.3 1,356 1,371 1,373 1,413 ‐4.0

      Miscellaneous products......................... 3,941 3,877 3,853 1.7 0.6 0.7 3,895 3,888 3,836 3,648 6.8

   Nondurable goods industries...................... 56,484 55,854 55,646 1.1 0.4 0.8 56,694 55,849 55,386 55,032 3.0

      Food  products.................................... 6,083 5,967 6,007 1.9 ‐0.7 2.9 6,036 6,153 6,287 6,376 ‐5.3

      Beverage and tobacco products........................ 9,685 9,636 9,531 0.5 1.1 0.2 9,858 9,886 9,865 9,443 4.4

      Textiles.............................................. 736 736 745 0.0 ‐1.2 1.6 733 737 742 707 3.7

      Textile products................................... 431 432 430 ‐0.2 0.5 ‐1.1 433 437 432 419 3.3

      Apparel............................................. 354 345 339 2.6 1.8 ‐0.3 343 345 329 305 12.5

      Leather and allied products.................... 72 76 78 ‐5.3 ‐2.6 ‐2.5 73 77 80 78 ‐6.4

      Paper products.................................... 1,351 1,360 1,354 ‐0.7 0.4 1.3 1,354 1,356 1,349 1,253 8.1

      Printing ............................................. 1,236 1,215 1,209 1.7 0.5 1.3 1,245 1,210 1,171 1,101 13.1

      Petroleum and coal products................. 13,250 12,806 12,592 3.5 1.7 8.1 13,261 12,566 11,858 12,968 2.3

      Chemical products................................ 20,102 20,092 20,149 0.0 ‐0.3 ‐3.4 20,143 19,849 20,071 19,294 4.4

      Plastics and rubber products.................. 3,184 3,189 3,212 ‐0.2 ‐0.7 ‐0.3 3,215 3,233 3,202 3,088 4.1

FINISHED GOODS

  All manufacturing industries....................... 240,419 238,801 238,407 0.7 0.2 0.5 240,566 240,989 237,730 232,878 3.3

    Durable goods industries.......................... 118,961 118,388 118,247 0.5 0.1 0.6 119,210 120,396 118,418 114,144 4.4

      Wood products................................... 4,901 4,911 4,979 ‐0.2 ‐1.4 ‐0.2 5,133 5,104 5,042 5,114 0.4

      Nonmetallic mineral products................. 7,208 7,179 7,265 0.4 ‐1.2 ‐1.1 7,414 7,379 7,303 6,952 6.6

      Primary metals.................................... 12,676 12,451 12,628 1.8 ‐1.4 0.6 12,808 12,585 12,726 11,840 8.2

      Fabricated metal products..........................       20,029 20,024 19,965 0.0 0.3 0.6 20,352 20,353 20,003 19,214 5.9

      Machinery.......................................... 23,795 23,551 23,404 1.0 0.6 0.2 24,099 24,076 23,530 22,877 5.3

      Computers and electronic products........ 12,043 11,880 11,902 1.4 ‐0.2 0.1 11,644 12,063 11,776 11,364 2.5

      Electrical equipment, appliances,

         and components............................... 7,440 7,339 7,217 1.4 1.7 1.6 7,486 7,465 7,196 6,927 8.1

      Transportation equipment..................... 15,813 16,088 16,025 ‐1.7 0.4 1.9 15,413 16,374 16,043 15,506 ‐0.6

      Furniture and related products............... 2,752 2,725 2,714 1.0 0.4 ‐0.8 2,651 2,685 2,697 2,600 2.0

      Miscellaneous products......................... 12,304 12,240 12,148 0.5 0.8 1.1 12,210 12,312 12,102 11,750 3.9

   Nondurable goods industries...................... 121,458 120,413 120,160 0.9 0.2 0.4 121,356 120,593 119,312 118,734 2.2

      Food  products.................................... 29,982 29,995 30,190 0.0 ‐0.6 ‐0.5 29,307 29,732 29,419 29,605 ‐1.0

      Beverage and tobacco products........................ 9,313 9,190 9,155 1.3 0.4 ‐1.9 9,349 9,181 9,079 9,353 0.0

      Textiles.............................................. 1,513 1,527 1,555 ‐0.9 ‐1.8 0.8 1,513 1,541 1,574 1,386 9.2

      Textile products................................... 1,765 1,767 1,790 ‐0.1 ‐1.3 0.0 1,773 1,796 1,816 1,700 4.3

      Apparel............................................. 1,082 1,076 1,073 0.6 0.3 ‐1.0 1,056 1,073 1,085 1,078 ‐2.0

      Leather and allied products.................... 438 443 456 ‐1.1 ‐2.9 ‐3.2 423 432 456 440 ‐3.9

      Paper products.................................... 6,789 6,738 6,765 0.8 ‐0.4 1.0 6,871 6,833 6,785 6,640 3.5

      Printing ............................................. 1,564 1,552 1,564 0.8 ‐0.8 1.5 1,549 1,541 1,530 1,526 1.5

      Petroleum and coal products................. 16,928 16,349 15,657 3.5 4.4 3.2 16,329 15,886 15,517 15,185 7.5

      Chemical products................................ 39,506 39,240 39,342 0.7 ‐0.3 0.7 40,311 39,751 39,474 39,454 2.2

      Plastics and rubber products.................. 12,578 12,536 12,613 0.3 ‐0.6 ‐0.2 12,875 12,827 12,577 12,367 4.1

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.     

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019.  Information on data sources and methodology can be found on our website at

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

             to Shipments, by Industry Group 1

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

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Mar Feb Jan Dec Mar Feb Jan Dec

2019p 2019r 2019 2018 2019p 2019r 2019 2018

All manufacturing industries3.................................... 1.36 1.36 1.36 1.35 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.62 1.62 1.62 1.60 6.56 6.56 6.57 6.55

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

  Nonmetallic mineral products............................. 1.33 1.34 1.34 1.35 (X) (X) (X) (X)

  Primary metals............................................................ 1.71 1.71 1.73 1.70 1.50 1.49 1.49 1.47

  Fabricated metal products...................................... 1.61 1.62 1.62 1.62 2.59 2.62 2.63 2.62

  Machinery..................................................................... 2.16 2.12 2.13 2.14 3.51 3.50 3.53 3.59

  Computers and electronic products3

................... 1.56 1.55 1.56 1.56 5.42 5.42 5.38 5.35

  Electrical equipment, appliances,

      and components.................................................... 1.74 1.74 1.73 1.72 1.81 1.82 1.82 1.85

  Transportation equipment..................................... 1.48 1.49 1.47 1.44 14.43 14.41 14.36 14.18

  Furniture and related products............................ 1.19 1.20 1.22 1.20 1.41 1.46 1.50 1.49

  Miscellaneous products.......................................... 1.78 1.77 1.77 1.75 (X) (X) (X) (X)

Nondurable goods industries................................... 1.08 1.09 1.09 1.09 (X) (X) (X) (X)

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

  Beverage and tobacco products........................... 2.08 2.03 1.96 1.98 (X) (X) (X) (X)

  Textiles.......................................................................... 1.37 1.39 1.40 1.39 (X) (X) (X) (X)

  Textile products......................................................... 1.55 1.54 1.53 1.49 (X) (X) (X) (X)

  Apparel........................................................................ 2.03 2.02 1.99 1.97 (X) (X) (X) (X)

  Leather and allied products................................ 1.87 1.83 1.88 1.97 (X) (X) (X) (X)

  Paper products.......................................................... 1.02 1.01 1.01 1.01 (X) (X) (X) (X)

  Printing........................................................................ 0.84 0.84 0.85 0.85 (X) (X) (X) (X)

  Petroleum and coal products............................... 0.75 0.77 0.78 0.75 (X) (X) (X) (X)

  Chemical products................................................... 1.36 1.37 1.37 1.37 (X) (X) (X) (X)

  Plastics and rubber products................................ 1.37 1.37 1.37 1.38 (X) (X) (X) (X)

Mar3 Mar3 Mar3 Mar3

Industry 2018‐ 2018‐ 2018‐ 2018‐

Mar2 Feb Mar2 Feb Mar2 Feb Mar2 Feb

2019 2019 2019 2019 2019 2019 2019 2019

          

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

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

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

  Nonmetallic mineral products.............. (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

  Primary metals............................................. ‐0.2 0.3 ‐0.2 0.7 ‐0.1 0.3 0.0 0.3

  Fabricated metal products.................... 0.0 0.3 ‐0.3 0.8 ‐0.2 0.2 ‐0.1 0.2

  Machinery...................................................... 0.0 0.3 ‐0.2 0.7 ‐0.1 0.2 0.0 0.2

  Computers and electronic products..... 0.4 0.2 0.0 0.6 ‐0.1 0.1 ‐0.4 0.2

  Electrical equipment, appliances,

      and components..................................... 0.2 0.4 0.4 0.6 0.3 0.2 0.2 0.3

  Transportation equipment.................... 0.0 0.3 0.0 0.6 0.0 0.1 0.0 0.0

  Furniture and related products............. (X) 0.5 (X) 0.6 (X) 0.7 (X) 0.3

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

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

  Food products.............................................. (X) 0.2 (X) (NA) (X) (NA) (X) 0.1

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

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

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

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

  Leather and allied products.................. (X) 0.8 (X) (NA) (X) (NA) (X) 0.6

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

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

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

  Chemical products................................... (X) 0.2 (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/>.  

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019. Information on data sources

and methodology can be found on our website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.

X  Not Applicable  

NA  Not Available          1 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories  are for the

end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for non‐calendar reporters. Seasonally

adjusted estimates include concurrent adjustments for holiday and trading‐day differences, where appropriate, as well as seasonal variation,

based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.    2 The current month revisions are the difference between the advance percent change and the percent change as shown in this  publication.      3 The twelve month revisions are the differences between the month‐to‐month percent changes of the preliminary and final estimates.  The

monthly averages are the simple averages of the absolute values of the differences for the months specified. The advance to final percent

change revisions for the durable goods industries are shown in the advance report for the month.       

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, March Full Report, May 2, 2019. 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