Manufacturers' Shipments,

 Inventories, and Orders: January 2003 Issued March 2003

 M3-1(03)-01

 For Wire Transmission 10:00 a.m. E.S.T., March 6, 2003 Current 

 Industrial

 Reports

For data, call 301-763-4673. For inquiries, contact Dan Sansbury or Derrick Roy, Manufacturers' Shipments, Inventories and Orders Branch, Manufacturing and 

Construction Divison (MCD), Washington, DC 20233-6900 or call 301-763-4832.

The advance report on durable goods for February is scheduled for March 26, 2003 at 8:30 a.m. and the full report on April 2, 2003 at 10:00 a.m. 

For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington DC, 20402 

Our Internet address is : http://www.census.gov/m3

Total Manufacturing Shipments

and Three Month Moving Average

300

320

340

360

380

Jan-01

Mar-01

May-01

Jul-01

Sep-01

Nov-01

Jan-02

Mar-02

May-02

Jul-02

Sep-02

Nov-02

Jan-03

300

320

340

360

380

 Shipments Average

Billions Of Dollars

Total Manufacturing Inventories

and Three Month Moving Average

420

440

460

480

500

Jan-01

Mar-01

May-01

Jul-01

Sep-01

Nov-01

Jan-02

Mar-02

May-02

Jul-02

Sep-02

Nov-02

Jan-03

420

440

460

480

500

 Inventories Average

Billions Of Dollars
Effective with this release there are some minor changes to the publication. Year-to-date comparisons in the text are based on the sum of data that

has not been seasonally adjusted. On tables 1, 2, and 5 the percent change column that compared same month current year over prior year has

been removed. A new column now shows percent change of year-to-date data for shipments and new orders. Table 5 still shows the same month

year over year for unfilled orders and inventories.

2

All figures in text are in seasonally adjusted current dollars and exclude data for semiconductor manufacturing.

Summary

New orders for manufactured goods in January, at the

highest level since May 2001, increased $6.6 billion or 2.1

percent to $327.1 billion, the Department of Commerce,

Census Bureau reported today. This followed a 0.3 percent

December increase.

Shipments, also at the highest level since May 2001,

increased $7.1 billion or 2.2 percent to $328.1 billion. This

followed a 0.6 percent December decrease. 

Unfilled orders, down five consecutive months, decreased

$1.0 billion or 0.2 percent to $476.4 billion, following a 0.1

percent December decrease. This was the lowest level since

September 1996. The unfilled orders-to-shipments ratio was

3.92, down from 4.05 in December.

Inventories decreased $0.1 billion to $430.8 billion,

following a 0.6 percent December increase. The inventoriesto-shipments ratio was 1.31, down from 1.34 in December.

New Orders

New orders for manufactured durable goods in January

increased $4.9 billion or 2.9 percent to $174.0 billion, revised

from the previously published 3.3 percent increase.

Transportation equipment had the largest increase, $2.4

billion or 5.0 percent to $51.2 billion, due to motor vehicle

bodies, parts, and trailers, which increased by $2.3 billion. 

Machinery increased $0.9 billion or 4.4 percent to $22.7

billion.

New orders for manufactured nondurable goods increased

$1.8 billion or 1.2 percent to $153.1 billion.

Shipments

Shipments of manufactured durable goods in January

increased $5.3 billion or 3.2 percent to $175.1 billion, revised

from the previously published 3.5 percent increase.

Transportation equipment had the largest increase, $3.7

billion or 7.6 percent to $52.0 billion, due to motor vehicle

bodies, parts, and trailers, which increased by $2.5 billion. 

Transportation equipment had the largest percent increase

since May 2001. Computers and electronic products, with

the largest percent increase since January 2000, increased

$1.2 billion or 4.5 percent to $26.8 billion.

Shipments of manufactured nondurable goods increased

$1.8 billion or 1.2 percent to $153.1 billion. Petroleum and

coal products had the largest increase, $1.0 billion or 5.0

percent to $21.3 billion, due to petroleum refineries, which

increased $1.0 billion. Basic chemicals increased $0.6

billion or 1.6 percent to $36.6 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in

January, down five consecutive months, decreased $1.0

billion or 0.2 percent to $476.4 billion, unrevised from the

previously published 0.2 percent decrease. This was the

lowest level since September 1996.

Transportation equipment had the largest decrease, $0.8

billion or 0.3 percent to $247.3 billion. Fabricated metal

products, at the lowest level since February 1997,

decreased $0.2 billion or 0.5 percent to $37.6 billion.

Inventories

Inventories of manufactured durable goods in January

decreased $0.5 billion or 0.2 percent to $264.7 billion,

revised from the previously published 0.1 percent decrease. 

This was the twenty-third decrease over the past twentyfour months. 

Computers and electronic products, at the lowest level

since July 1994, had the largest decrease, $0.6 billion or 1.3

percent to $41.7 billion. Machinery decreased $0.2 billion

or 0.5 percent to $44.5 billion, led by turbines, generators,

and other power transmission equipment, which decreased

$0.1 billion.

Inventories of manufactured nondurable goods increased

$0.4 billion or 0.2 percent to $166.1 billion. Petroleum and

coal products had the largest increase, $0.4 billion or 2.8

percent to $14.0 billion, due to petroleum refineries, which

increased $0.4 billion.

By stage of fabrication, January materials and supplies

decreased 0.4 percent in durable goods and increased 1.9

percent in nondurable goods. Work in process increased

slightly in durable goods and 0.3 percent in nondurable

goods. Finished goods decreased 0.2 percent in durable

goods and 0.9 percent in nondurable goods. 

SEE BACK PAGE FOR SURVEY DESCRIPTION

Our internet address is: http://www.census.gov/m3

For data, call 301-763-4673. For inquiries, contact Dan Sansbury or Derrick Roy, Manufacturers’ Shipments, Inventories, and Orders Branch,

Manufacturing and Construction Division (MCD), Washington, DC 20233-6900, or call 301-763-4832.

The advance report on durable goods for February is scheduled for March 26, 2003 at 8:30 A.M. EST and the full report on April 2, 2003 at

10:00 A.M . EST. For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. 
 3 

Table 1. Value of Manufacturers' Shipments for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly Year to date Percent

Industry Change

Jan Dec Nov Dec - Nov - Oct - Jan Dec Nov Jan 2003/

2003p 2002r 2002 Jan. Dec. Nov. 2003p 2002r 2002 2002 2003p 2002 2002

 All manufacturing industries 2.................. 328,144 321,016 322,863 2.2 -0.6 -1.1 298,758 313,437 318,953 288,999 298,758 288,999 3.4

 Excluding transportation 2

................... 276,186 272,712 271,595 1.3 0.4 -0.4 251,491 267,699 267,464 241,938 251,491 241,938 3.9

 Excluding defense 2

............................. 319,560 313,460 314,480 1.9 -0.3 -1.3 291,716 304,530 310,235 282,707 291,716 282,707 3.2

 With unfilled orders 2

.......................... 121,524 117,822 121,356 3.1 -2.9 -1.1 107,189 119,290 119,307 106,441 107,189 106,441 0.7

 Durable goods industries 2

........................175,058 169,712 173,331 3.2 -2.1 -1.7 155,693 167,055 170,437 152,973 155,693 152,973 1.8

 Wood products................................. ...... 7,320 7,434 7,506 -1.5 -1.0 2.4 6,280 6,619 7,107 6,344 6,280 6,344 -1.0

 Nonmetallic mineral products................... 8,698 8,526 8,399 2.0 1.5 -0.2 7,768 7,159 8,043 6,702 7,768 6,702 15.9

 Primary metals............................ .......... 11,406 11,181 11,158 2.0 0.2 -2.0 11,056 9,604 10,611 10,544 11,056 10,544 4.9

 Iron and steel mills............................ 5,323 5,340 5,306 -0.3 0.6 -0.7 5,157 4,597 4,926 4,755 5,157 4,755 8.5

 Aluminum and nonferrous metals......... 4,784 4,601 4,592 4.0 0.2 -2.9 4,653 3,977 4,466 4,523 4,653 4,523 2.9

 Ferrous metal foundries...................... 1,299 1,240 1,260 4.8 -1.6 -3.7 1,246 1,030 1,219 1,266 1,246 1,266 -1.6

 Fabricated metal products...................... 20,879 20,968 21,059 -0.4 -0.4 -1.3 19,108 19,150 20,496 19,245 19,108 19,245 -0.7

 Machinery............................................. 22,519 22,243 22,689 1.2 -2.0 -0.4 19,502 22,154 21,345 19,477 19,502 19,477 0.1

 Farm machinery................................. 1,528 1,584 1,587 -3.5 -0.2 0.3 1,373 1,278 1,174 1,270 1,373 1,270 8.1

 Construction machinery..................... 1,601 1,775 1,726 -9.8 2.8 -1.5 1,339 1,654 1,467 1,351 1,339 1,351 -0.9

 Mining, oil field, and 

 gas field machinery......................... 777 764 695 1.7 9.9 0.0 711 864 653 714 711 714 -0.4

 Industrial machinery.......................... 3,131 2,960 3,219 5.8 -8.0 0.6 2,887 3,467 2,928 2,615 2,887 2,615 10.4

 Photographic equipment...................... 1,451 1,504 1,492 -3.5 0.8 2.1 1,203 1,580 1,525 1,132 1,203 1,132 6.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,522 2,574 2,547 -2.0 1.1 4.1 2,109 2,417 2,371 2,213 2,109 2,213 -4.7

 Metalworking machinery..................... 1,994 1,936 2,273 3.0 -14.8 7.5 1,507 1,917 2,579 1,581 1,507 1,581 -4.7

 Turbines, generators, and other

 power transmission equipment....... 2,723 2,149 2,339 26.7 -8.1 -15.7 2,255 2,264 2,218 2,499 2,255 2,499 -9.8

 Material handling equipment............... 1,383 1,430 1,396 -3.3 2.4 1.0 1,356 1,366 1,269 1,366 1,356 1,366 -0.7

 Computers and electronic products 2...... 26,843 25,692 26,085 4.5 -1.5 -1.0 21,929 31,193 26,093 21,838 21,929 21,838 0.4

 Computers........................................ 4,991 4,025 3,930 24.0 2.4 -10.3 4,218 4,930 3,570 3,311 4,218 3,311 27.4

 Computer storage devices................... 1,144 1,155 1,208 -1.0 -4.4 10.6 764 1,781 1,114 824 764 824 -7.3

 Other peripheral equipment................ 1,606 1,243 1,537 29.2 -19.1 -5.9 1,203 1,810 1,586 1,093 1,203 1,093 10.1

 Nondefense communications

 equipment.................................... 5,330 4,863 5,169 9.6 -5.9 6.9 4,085 6,800 5,357 4,222 4,085 4,222 -3.2

 Defense communications equipment... 347 291 342 19.2 -14.9 4.3 318 313 327 296 318 296 7.4

 Audio and video equipment.................. 709 775 768 -8.5 0.9 9.1 605 862 953 644 605 644 -6.1

 Semiconductors 3

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

 Electronic components........................ 3,973 4,130 4,156 -3.8 -0.6 -0.2 3,423 4,173 4,308 3,729 3,423 3,729 -8.2

 Nondefense search and navigation

 equipment..................................... 772 751 714 2.8 5.2 -11.9 677 811 714 673 677 673 0.6

 Defense search and navigation

 equipment..................................... 2,090 2,049 2,054 2.0 -0.2 0.2 1,799 2,458 2,096 1,582 1,799 1,582 13.7

 Electromedical, measuring,

 and control instruments................. 5,415 5,826 5,594 -7.1 4.1 -2.4 4,416 6,690 5,352 4,784 4,416 4,784 -7.7

 Electrical equipment, appliances, 

 and components................................... 8,989 8,952 9,104 0.4 -1.7 1.0 7,698 9,120 8,958 7,666 7,698 7,666 0.4

 Electric lighting equipment................... 1,150 1,096 1,073 4.9 2.1 -1.9 984 1,257 1,089 920 984 920 7.0

 Household appliances........................ 2,020 2,138 2,159 -5.5 -1.0 2.8 1,678 2,207 2,128 1,707 1,678 1,707 -1.7

 Electrical equipment............................ 2,604 2,528 2,656 3.0 -4.8 1.5 2,157 2,670 2,512 2,078 2,157 2,078 3.8

 Batteries........................................... 484 467 494 3.6 -5.5 2.1 386 483 625 436 386 436 -11.5

 Transportation equipment...................... 51,958 48,304 51,268 7.6 -5.8 -4.5 47,267 45,738 51,489 47,061 47,267 47,061 0.4

 Automobiles..................................... 8,086 7,601 7,681 6.4 -1.0 -4.0 7,760 6,356 7,724 7,997 7,760 7,997 -3.0

 Light trucks and utility vehicles............ 10,692 9,833 9,727 8.7 1.1 -10.7 10,278 8,243 9,659 9,951 10,278 9,951 3.3

 Heavy duty trucks ............................. 1,092 1,034 953 5.6 8.5 -27.6 973 899 896 868 973 868 12.1

 Motor vehicle bodies, parts, 

 and trailers.................................... 18,517 16,043 18,179 15.4 -11.7 -4.8 17,648 13,760 17,979 16,714 17,648 16,714 5.6

 Nondefense aircraft and parts.............. 4,770 5,924 6,089 -19.5 -2.7 -3.8 3,620 7,547 6,271 5,191 3,620 5,191 -30.3

 Defense aircraft and parts.................. 3,247 2,553 3,208 27.2 -20.4 10.1 2,565 3,235 3,489 2,084 2,565 2,084 23.1

 Ships and boats................................. 2,100 2,161 2,234 -2.8 -3.3 12.6 1,633 2,125 2,185 1,358 1,633 1,358 20.3

 Furniture and related products................. 5,675 5,708 5,500 -0.6 3.8 -0.6 5,336 5,435 5,455 5,344 5,336 5,344 -0.1

 Miscellaneous durable goods................. 10,771 10,704 10,563 0.6 1.3 1.4 9,749 10,883 10,840 8,752 9,749 8,752 11.4

 Nondurable goods industries................... 153,086 151,304 149,532 1.2 1.2 -0.4 143,065 146,382 148,516 136,026 143,065 136,026 5.2

 Food products....................................... 38,046 38,126 37,759 -0.2 1.0 0.0 36,082 38,449 38,999 36,145 36,082 36,145 -0.2

 Grain and oilseed milling..................... 4,080 4,092 4,061 -0.3 0.8 -0.7 4,015 4,003 4,181 4,036 4,015 4,036 -0.5

 Dairy products.................................. 5,230 5,265 5,045 -0.7 4.4 -2.3 4,970 5,243 5,192 5,258 4,970 5,258 -5.5

 Meat, poultry, and seafood products... 11,225 10,906 10,828 2.9 0.7 0.6 10,583 10,769 11,175 10,741 10,583 10,741 -1.5

 Beverage and tobacco products............... 8,638 8,594 8,729 0.5 -1.5 -2.1 7,753 8,212 8,542 8,672 7,753 8,672 -10.6

 Beverages......................................... 5,891 5,944 5,756 -0.9 3.3 -0.1 5,006 5,562 5,569 4,744 5,006 4,744 5.5

 Tobacco............................................ 2,747 2,650 2,973 3.7 -10.9 -5.7 2,747 2,650 2,973 3,928 2,747 3,928 -30.1

 Textile mills........................................... 3,555 3,333 3,592 6.7 -7.2 2.0 3,121 3,042 3,482 3,012 3,121 3,012 3.6

 Textile products................................... 3,119 3,135 3,183 -0.5 -1.5 2.3 2,570 2,768 3,043 2,450 2,570 2,450 4.9

 Apparel................................................ 4,786 4,796 4,880 -0.2 -1.7 6.2 4,242 3,922 4,890 4,191 4,242 4,191 1.2

 Leather and allied products..................... 721 632 728 14.1 -13.2 1.1 618 764 825 524 618 524 17.9

 Paper products...................................... 13,095 13,069 12,705 0.2 2.9 -2.2 12,752 12,712 12,434 12,040 12,752 12,040 5.9

 Pulp, paper, and paperboard mills....... 5,825 5,796 5,659 0.5 2.4 -4.7 5,704 5,617 5,553 5,598 5,704 5,598 1.9

 Paperboard containers........................ 3,703 3,714 3,674 -0.3 1.1 -3.1 3,631 3,469 3,526 3,525 3,631 3,525 3.0

 Printing................................................. 7,991 8,079 8,040 -1.1 0.5 -1.0 7,390 8,268 8,526 7,404 7,390 7,404 -0.2

 Petroleum and coal products.................. 21,283 20,273 18,786 5.0 7.9 -3.1 19,660 19,249 18,786 14,906 19,660 14,906 31.9

 Petroleum refineries.......................... 19,667 18,710 17,259 5.1 8.4 -3.3 18,540 18,094 17,372 13,906 18,540 13,906 33.3

 Basic chemicals...................................... 36,596 36,016 36,019 1.6 0.0 0.4 34,565 35,438 34,696 32,904 34,565 32,904 5.0

 Pesticides, fertilizers, and other

 agricultural chemicals..................... 1,628 1,732 1,681 -6.0 3.0 4.4 1,437 1,394 1,147 1,414 1,437 1,414 1.6

 Pharmaceuticals and medicines............ 8,364 8,463 8,650 -1.2 -2.2 -2.6 8,266 9,232 8,748 9,261 8,266 9,261 -10.7

 Paints, coatings, and adhesives.......... 2,399 2,429 2,398 -1.2 1.3 -1.7 2,183 2,117 2,153 2,155 2,183 2,155 1.3

 Plastics and rubber products.................. 15,256 15,251 15,111 0.0 0.9 0.1 14,312 13,558 14,293 13,778 14,312 13,778 3.9

p Preliminary r

 Revised NA Not available.

1

 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 2 See footnote at end of Table 2.

3 See footnote at end of Table 2.

See note at end of Table 2 relating to survey error and revision.
 4

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted 1

Monthly Percent Change Monthly Year to date Percent

Industry Change

Jan Dec Nov Dec - Nov - Oct - Jan Dec Nov Jan 2003/

2003p 2002r 2002 Jan. Dec. Nov. 2003p 2002r 2002 2002 2003p 2002 2002

All manufacturing industries 2................... 327,114 320,465 319,427 2.1 0.3 -0.8 304,478 316,603 314,775 290,267 304,478 290,267 4.9

 Excluding transportation 2

................... 275,928 271,725 268,914 1.5 1.0 -1.1 255,450 266,951 264,682 243,380 255,450 243,380 5.0

 Excluding defense 2

............................. 319,368 312,516 312,113 2.2 0.1 -1.4 296,480 302,964 307,706 283,738 296,480 283,738 4.5

 With unfilled orders 2

.......................... 120,494 117,271 117,920 2.7 -0.6 -0.4 112,909 122,456 115,129 107,709 112,909 107,709 4.8

 Durable goods industries 2........................ 174,028 169,161 169,895 2.9 -0.4 -1.2 161,413 170,221 166,259 154,241 161,413 154,241 4.6

 Primary metals............................ ............ 11,324 10,885 10,612 4.0 2.6 -5.3 11,577 9,585 9,950 10,890 11,577 10,890 6.3

 Iron and steel mills.............................. 5,131 5,034 4,936 1.9 2.0 -5.2 5,293 4,486 4,462 5,002 5,293 5,002 5.8

 Aluminum and nonferrous metals......... 4,898 4,655 4,420 5.2 5.3 -5.6 4,940 4,079 4,272 4,519 4,940 4,519 9.3

 Ferrous metal foundries...................... 1,295 1,196 1,256 8.3 -4.8 -5.1 1,344 1,020 1,216 1,369 1,344 1,369 -1.8

 Fabricated metal products...................... 20,683 20,401 20,618 1.4 -1.1 -3.9 19,262 18,303 19,963 19,089 19,262 19,089 0.9

 Machinery............................................. 22,652 21,705 21,957 4.4 -1.1 -2.5 20,742 21,071 20,567 19,751 20,742 19,751 5.0

 Construction machinery....................... 1,570 1,783 1,692 -11.9 5.4 -5.2 1,431 1,764 1,487 1,529 1,431 1,529 -6.4

 Mining, oil field, and

 gas field machinery......................... 766 642 686 19.3 -6.4 -3.8 700 742 644 758 700 758 -7.7

 Industrial machinery............................ 3,997 3,059 2,996 30.7 2.1 -8.5 4,156 3,167 2,693 2,841 4,156 2,841 46.3

 Photographic equipment...................... 1,420 1,552 1,517 -8.5 2.3 1.7 1,223 1,583 1,548 1,154 1,223 1,154 6.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 2,417 2,529 2,499 -4.4 1.2 -4.0 2,207 2,310 2,305 2,510 2,207 2,510 -12.1

 Metalworking machinery....................... 1,964 1,949 2,289 0.8 -14.9 3.7 1,561 1,806 2,593 1,625 1,561 1,625 -3.9

 Turbines, generators, and other 

 power transmission equipment.......... 2,459 1,829 1,877 34.4 -2.6 -8.1 2,069 1,915 1,770 1,994 2,069 1,994 3.8

 Material handling equipment............... 1,175 1,354 1,378 -13.2 -1.7 1.9 1,133 1,422 1,211 1,265 1,133 1,265 -10.4

 Computers and electronic products 2...... 26,833 26,242 25,279 2.3 3.8 -0.9 23,660 32,857 25,439 22,610 23,660 22,610 4.6

 Computers........................................ 4,757 4,964 3,947 -4.2 25.8 -10.6 3,947 5,582 3,954 3,256 3,947 3,256 21.2

 Nondefense communications

 equipment...................................... 5,507 4,054 4,772 35.8 -15.0 -2.1 5,113 6,210 5,210 4,849 5,113 4,849 5.4

 Defense communications equipment... 376 329 261 14.3 26.1 -38.9 347 351 246 285 347 285 21.8

 Semiconductors 3................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components........................ 3,903 4,168 3,928 -6.4 6.1 -6.0 3,803 4,157 3,779 4,017 3,803 4,017 -5.3

 Nondefense search and navigation

 equipment..................................... 794 765 728 3.8 5.1 -20.9 757 809 727 652 757 652 16.1

 Defense search and navigation

 equipment...................................... 2,213 2,367 2,047 -6.5 15.6 174.4 2,091 3,923 1,975 1,364 2,091 1,364 53.3

 Electromedical, measuring,

 and control instruments.................... 5,358 5,838 5,470 -8.2 6.7 -7.4 4,609 6,807 5,179 4,946 4,609 4,946 -6.8

 Electrical equipment, appliances, 

 and components................................... 8,886 8,889 8,880 0.0 0.1 -0.9 7,864 9,004 8,734 7,522 7,864 7,522 4.5

 Electric lighting equipment................... 1,199 1,047 1,051 14.5 -0.4 -2.1 1,066 1,216 1,017 920 1,066 920 15.9

 Household appliances.......................... 1,968 2,128 1,994 -7.5 6.7 -6.6 1,690 2,260 2,077 1,674 1,690 1,674 1.0

 Electrical equipment............................ 2,612 2,550 2,572 2.4 -0.9 4.3 2,269 2,576 2,416 1,954 2,269 1,954 16.1

 Transportation equipment........................ 51,186 48,740 50,513 5.0 -3.5 0.7 49,028 49,652 50,093 46,887 49,028 46,887 4.6

 Motor vehicle bodies, parts, 

 and trailers..................................... 18,422 16,074 18,353 14.6 -12.4 -2.6 18,057 14,220 18,298 17,134 18,057 17,134 5.4

 Nondefense aircraft and parts.............. 5,488 6,839 5,636 -19.8 21.3 21.4 4,742 8,319 5,498 3,934 4,742 3,934 20.5

 Defense aircraft and parts................... 2,495 2,682 2,922 -7.0 -8.2 11.3 2,911 4,691 2,729 3,472 2,911 3,472 -16.2

 Ships and boats.................................. 1,942 1,787 1,736 8.7 2.9 -3.8 1,732 2,340 1,756 1,136 1,732 1,136 52.5

 Furniture and related products................. 5,632 5,616 5,519 0.3 1.8 0.4 5,440 5,069 5,474 5,476 5,440 5,476 -0.7

 Nondurable goods industries.................. 153,086 151,304 149,532 1.2 1.2 -0.4 143,065 146,382 148,516 136,026 143,065 136,026 5.2

p

 Preliminary r Revised NA Not available.

1 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 2 Aggregate estimates and percent changes exclude semiconductor industry data. Due to the number of large semiconductor manufacturers choosing not to participate in this 

voluntary monthly survey, the Census Bureau cannot currently produce monthly estimates of semiconductor shipments, orders, or inventories. 3 Due to the number of large semiconductor manufacturers choosing not to participate in this voluntary monthly survey, the Census Bureau cannot currently produce monthly 

estimates of semiconductor shipments, orders, or 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. Further details on survey design, methodology, and data limitations are contained in our most recent annual benchmark publication,

Current Industrial Reports: M3-1(01), "Manufacturers' Shipments, Inventories, and Orders: 1992-2001."
 5 

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

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Jan Dec Nov Dec - Nov - Oct - Jan Dec Nov Jan Jan

2003p 2002r 2002 Jan. Dec. Nov. 2003p 2002r 2002 2002 03/02

All manufacturing industries 1................... 476,388 477,418 477,969 -0.2 -0.1 -0.7 478,125 472,405 469,239 503,226 -5.0

 Excluding transportation 1

................... 229,125 229,383 230,370 -0.1 -0.4 -1.2 229,900 225,941 226,689 249,769 -8.0

 Excluding defense 1

............................. 333,359 333,551 334,495 -0.1 -0.3 -0.7 333,388 328,624 330,190 362,291 -8.0

 Durable goods industries 1........................ 476,388 477,418 477,969 -0.2 -0.1 -0.7 478,125 472,405 469,239 503,226 -5.0

 Primary metals........................................ 14,849 14,931 15,227 -0.5 -1.9 -3.5 14,826 14,305 14,324 16,449 -9.9

 Iron and steel mills.............................. 8,067 8,259 8,565 -2.3 -3.6 -4.1 7,926 7,790 7,901 8,152 -2.8

 Aluminum and nonferrous metals......... 4,595 4,481 4,427 2.5 1.2 -3.7 4,637 4,350 4,248 5,778 -19.7

 Ferrous metal foundries...................... 2,187 2,191 2,235 -0.2 -2.0 -0.2 2,263 2,165 2,175 2,519 -10.2

 Fabricated metal products...................... 37,604 37,800 38,367 -0.5 -1.5 -1.1 37,096 36,942 37,789 39,653 -6.4

 Machinery.............................................. 44,714 44,581 45,119 0.3 -1.2 -1.6 44,854 43,614 44,697 53,688 -16.5

 Construction machinery....................... 2,029 2,060 2,052 -1.5 0.4 -1.6 2,116 2,024 1,914 2,321 -8.8

 Mining, oil field, and

 gas field machinery......................... 1,008 1,019 1,141 -1.1 -10.7 -0.8 1,008 1,019 1,141 1,243 -18.9

 Industrial machinery............................ 9,847 8,981 8,882 9.6 1.1 -2.4 9,890 8,621 8,921 8,785 12.6

 Photographic equipment...................... 992 1,023 975 -3.0 4.9 2.6 997 977 974 838 19.0

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,225 4,330 4,375 -2.4 -1.0 -1.1 4,182 4,084 4,191 4,654 -10.1

 Metalworking machinery....................... 3,802 3,832 3,819 -0.8 0.3 0.4 3,732 3,678 3,789 3,893 -4.1

 Turbines, generators, and other 

 power transmission equipment.......... 9,188 9,452 9,772 -2.8 -3.3 -4.5 9,321 9,507 9,856 17,720 -47.4

 Material handling equipment............... 4,811 5,019 5,095 -4.1 -1.5 -0.4 4,816 5,039 4,983 5,263 -8.5

 Computers and electronic products 1...... 107,930 107,940 107,390 0.0 0.5 -0.7 109,128 107,397 105,733 114,723 -4.9

 Computers......................................... 7,574 7,808 6,869 -3.0 13.7 0.2 7,432 7,703 7,051 6,749 10.1

 Nondefense communications

 equipment...................................... 35,705 35,528 36,337 0.5 -2.2 -1.1 36,225 35,197 35,787 40,315 -10.1

 Defense communications equipment... 2,502 2,473 2,435 1.2 1.6 -3.2 2,502 2,473 2,435 2,554 -2.0

 Semiconductors 2

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

 Electronic components.......................... 14,273 14,343 14,305 -0.5 0.3 -1.6 14,502 14,122 14,138 16,604 -12.7

 Nondefense search and navigation

 equipment..................................... 4,167 4,145 4,131 0.5 0.3 0.3 4,155 4,075 4,077 4,404 -5.7

 Defense search and navigation

 equipment...................................... 30,538 30,415 30,097 0.4 1.1 0.0 30,949 30,657 29,192 31,462 -1.6

 Electromedical, measuring,

 and control instruments.................... 13,171 13,228 13,216 -0.4 0.1 -0.9 13,363 13,170 13,053 12,635 5.8

 Electrical equipment, appliances, 

 and components................................... 14,308 14,411 14,474 -0.7 -0.4 -1.5 14,365 14,199 14,315 14,732 -2.5

 Electric lighting equipment................... 1,640 1,591 1,640 3.1 -3.0 -1.3 1,601 1,519 1,560 1,386 15.5

 Household appliances.......................... 857 909 919 -5.7 -1.1 -15.2 982 970 917 1,246 -21.2

 Electrical equipment............................ 8,315 8,307 8,285 0.1 0.3 -1.0 8,303 8,191 8,285 8,813 -5.8

 Transportation equipment........................ 247,263 248,035 247,599 -0.3 0.2 -0.3 248,225 246,464 242,550 253,457 -2.1

 Motor vehicle bodies, parts, 

 and trailers..................................... 12,223 12,318 12,287 -0.8 0.3 1.4 12,652 12,243 11,783 12,613 0.3

 Nondefense aircraft and parts.............. 113,876 113,158 112,243 0.6 0.8 -0.4 113,112 111,990 111,218 122,086 -7.4

 Defense aircraft and parts................... 56,532 57,284 57,155 -1.3 0.2 -0.5 56,645 56,299 54,843 52,671 7.5

 Ships and boats.................................. 20,504 20,662 21,036 -0.8 -1.8 -2.3 21,096 20,997 20,782 20,350 3.7

 Furniture and related products................. 5,208 5,251 5,343 -0.8 -1.7 0.4 5,119 5,015 5,381 6,140 -16.6

p

 Preliminary r Revised NA Not available.

1 Aggregate estimates and percent changes exclude semiconductor industry data. Due to the number of large semiconductor manufacturers choosing not to participate in this

voluntary monthly survey, the Census Bureau cannot currently produce monthly estimates of semiconductor shipments, orders, or inventories.

2 Due to the number of large semiconductor manufacturers choosing not to participate in this voluntary monthly survey, the Census Bureau cannot currently produce monthly

estimates of semiconductor shipments, orders, or inventories.

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

Table 4. Value of Manufacturers' Inventories for Industry Groups

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Jan Dec Nov Dec - Nov - Oct - Jan Dec Nov Jan Jan

2003p 2002r 2002 Jan. Dec. Nov. 2003p 2002r 2002 2002 03/02

 All manufacturing industries 1.................. 430,804 430,951 428,220 0.0 0.6 -0.2 429,291 421,094 430,896 434,841 -1.3

 Excluding transportation 1

................... 357,945 358,182 358,092 -0.1 0.0 0.0 356,802 350,584 359,650 361,505 -1.3

 Excluding defense 1

............................. 408,584 408,284 406,378 0.1 0.5 -0.2 407,181 399,043 408,960 412,455 -1.3

 With unfilled orders 1

.......................... 215,313 216,005 213,345 -0.3 1.2 -0.2 214,310 210,494 214,791 223,039 -3.9

 Durable goods industries 1........................ 264,695 265,242 262,487 -0.2 1.0 -0.2 263,605 258,103 264,149 272,166 -3.1

 Wood products................................. ...... 9,182 9,195 9,296 -0.1 -1.1 0.0 9,336 9,109 9,400 9,578 -2.5

 Nonmetallic mineral products................... 8,994 8,988 8,938 0.1 0.6 0.1 9,081 8,853 8,722 9,078 0.0

 Primary metals............................ ............ 18,896 18,742 18,636 0.8 0.6 0.9 19,086 19,000 18,813 18,978 0.6

 Iron and steel mills.............................. 11,038 10,966 10,892 0.7 0.7 1.5 11,188 11,232 11,067 10,567 5.9

 Aluminum and nonferrous metals......... 6,068 6,007 6,013 1.0 -0.1 -0.4 6,103 6,023 6,035 6,647 -8.2

 Ferrous metal foundries...................... 1,790 1,769 1,731 1.2 2.2 1.3 1,795 1,745 1,711 1,764 1.8

 Fabricated metal products...................... 30,715 30,856 30,864 -0.5 0.0 0.0 30,641 30,198 30,594 31,499 -2.7

 Machinery.............................................. 44,486 44,729 44,440 -0.5 0.7 -0.1 44,358 43,445 44,791 46,508 -4.6

 Farm machinery.................................. 2,071 2,060 2,084 0.5 -1.2 2.1 2,179 2,121 2,063 2,067 5.4

 Construction machinery........................ 3,675 3,617 3,814 1.6 -5.2 -1.0 3,724 3,606 3,826 4,064 -8.4

 Mining, oil field, 

 and gas field machinery.................. 2,221 2,189 2,203 1.5 -0.6 0.4 2,186 2,091 2,205 2,271 -3.7

 Industrial machinery............................ 7,589 7,646 7,620 -0.7 0.3 0.2 7,530 7,461 7,732 7,870 -4.3

 Photographic equipment...................... 1,944 1,956 1,932 -0.6 1.2 0.3 1,894 1,826 1,974 1,918 -1.3

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 4,205 4,241 4,238 -0.8 0.1 1.7 4,135 3,979 4,207 4,057 1.9

 Metalworking machinery....................... 5,250 5,275 5,252 -0.5 0.4 -0.3 5,141 4,990 5,176 5,496 -6.5

 Turbines, generators, and other

 power transmission equipment.......... 4,787 4,894 4,563 -2.2 7.3 -2.1 4,628 4,631 4,761 5,183 -10.7

 Material handling equipment............... 2,432 2,463 2,530 -1.3 -2.6 -1.4 2,445 2,443 2,530 2,634 -7.2

 Computers and electronic products 1...... 41,711 42,272 42,556 -1.3 -0.7 0.3 41,078 40,475 43,009 45,479 -9.7

 Computers......................................... 3,151 3,227 3,245 -2.4 -0.6 6.5 2,995 3,063 3,374 2,906 3.1

 Computer storage devices................... 1,116 1,131 1,195 -1.3 -5.4 -5.2 1,094 991 1,300 1,348 -18.8

 Other peripheral equipment................ 2,640 2,709 2,655 -2.5 2.0 -1.8 2,600 2,456 2,714 2,806 -7.3

 Nondefense communications

 equipment..................................... 7,811 7,947 8,453 -1.7 -6.0 1.6 7,703 7,558 8,576 10,671 -27.8

 Defense communications equipment... 825 846 810 -2.5 4.4 5.3 825 846 810 704 17.2

 Audio and video equipment.................. 1,155 1,153 1,185 0.2 -2.7 -0.9 1,124 1,042 1,268 1,034 8.7

 Semiconductors 2................................ (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA) (NA)

 Electronic components.......................... 8,973 8,927 9,091 0.5 -1.8 1.1 8,880 8,644 8,977 9,340 -4.9

 Nondefense search and navigation

 equipment..................................... 2,940 3,095 3,086 -5.0 0.3 -1.2 2,939 3,001 3,093 3,045 -3.5

 Defense search and navigation

 equipment...................................... 3,318 3,287 3,177 0.9 3.5 -4.7 3,226 3,153 3,177 3,297 -2.2

 Electromedical, measuring 

 and control instruments.................... 9,388 9,541 9,260 -1.6 3.0 -0.4 9,304 9,325 9,323 9,879 -5.8

 Electrical equipment, appliances, 

 and components................................... 12,423 12,397 12,503 0.2 -0.8 -0.6 12,363 11,916 12,478 13,385 -7.6

 Electric lighting equipment................... 1,482 1,483 1,473 -0.1 0.7 0.0 1,469 1,407 1,474 1,499 -2.0

 Household appliances.......................... 2,087 2,085 2,100 0.1 -0.7 -1.0 2,066 1,911 2,088 2,110 -2.1

 Electrical equipment............................ 4,228 4,153 4,177 1.8 -0.6 -0.9 4,292 4,089 4,248 4,651 -7.7

 Batteries............................................ 622 628 654 -1.0 -4.0 -3.4 573 567 650 686 -16.5

 Transportation equipment...................... 72,859 72,769 70,128 0.1 3.8 -1.1 72,489 70,510 71,246 73,336 -1.2

 Automobiles....................................... 1,805 1,715 1,772 5.2 -3.2 0.6 1,747 1,546 1,753 1,672 4.5

 Light trucks and utility vehicles............ 2,129 2,077 1,983 2.5 4.7 0.5 2,011 1,835 1,998 1,720 16.9

 Heavy duty trucks .............................. 894 898 898 -0.4 0.0 -1.4 894 848 907 828 8.0

 Motor vehicle bodies, parts, 

 and trailers..................................... 16,214 16,051 15,910 1.0 0.9 -0.7 16,292 16,073 16,039 15,427 5.6

 Nondefense aircraft and parts.............. 30,075 29,936 28,155 0.5 6.3 -2.0 29,840 28,787 29,035 31,688 -5.8

 Defense aircraft and parts..................... 10,847 11,151 10,736 -2.7 3.9 -0.7 10,794 10,782 10,815 10,752 0.4

 Ships and boats.................................. 2,846 2,934 2,668 -3.0 10.0 1.5 2,820 2,864 2,692 2,525 11.7

 Furniture and related products................. 7,069 7,019 7,050 0.7 -0.4 0.9 7,028 6,892 7,029 7,048 -0.3

 Miscellaneous durable goods.................... 18,360 18,275 18,076 0.5 1.1 -0.1 18,145 17,705 18,067 17,277 5.0

 Nondurable goods industries................... 166,109 165,709 165,733 0.2 0.0 -0.2 165,686 162,991 166,747 162,675 1.9

 Food products........................................ 32,043 32,022 32,221 0.1 -0.6 0.3 32,267 32,066 33,633 31,586 2.2

 Grain and oilseed milling..................... 3,513 3,503 3,500 0.3 0.1 1.1 3,759 3,707 3,680 3,417 10.0

 Dairy products.................................... 3,466 3,506 3,429 -1.1 2.2 2.4 3,387 3,245 3,253 3,406 -0.6

 Meat, poultry, and seafood products...... 6,208 6,234 6,262 -0.4 -0.4 -0.1 6,116 6,069 6,371 5,818 5.1

 Beverage and tobacco products............... 14,153 14,185 14,139 -0.2 0.3 -1.5 14,481 14,429 14,448 14,704 -1.5

 Beverages......................................... 9,260 9,293 9,103 -0.4 2.1 -1.6 9,299 9,295 9,222 9,149 1.6

 Tobacco............................................ 4,893 4,892 5,036 0.0 -2.9 -1.4 5,182 5,134 5,226 5,555 -6.7

 Textile mills........................................... 4,925 4,909 4,859 0.3 1.0 -1.3 4,935 4,749 4,790 5,393 -8.5

 Textile products...................................... 4,587 4,528 4,493 1.3 0.8 -1.0 4,560 4,315 4,386 4,398 3.7

 Apparel................................................. 7,514 7,489 7,434 0.3 0.7 -0.5 7,490 7,246 7,129 7,906 -5.3

 Leather and allied products..................... 1,625 1,593 1,577 2.0 1.0 -0.3 1,606 1,526 1,572 1,460 10.0

 Paper products....................................... 14,605 14,544 14,527 0.4 0.1 0.2 14,720 14,459 14,477 14,864 -1.0

 Pulp, paper, and paperboard mills....... 6,257 6,195 6,206 1.0 -0.2 0.5 6,332 6,170 6,154 6,673 -5.1

 Paperboard containers........................ 4,246 4,230 4,157 0.4 1.8 -0.2 4,281 4,234 4,153 4,095 4.5

 Printing.................................................. 5,932 5,972 5,971 -0.7 0.0 -0.1 5,672 5,574 6,010 5,854 -3.1

 Petroleum and coal products..................... 13,976 13,598 13,024 2.8 4.4 -1.9 13,370 12,613 12,897 11,036 21.1

 Petroleum refineries............................. 12,544 12,160 11,590 3.2 4.9 -2.0 11,975 11,306 11,503 9,667 23.9

 Basic chemicals...................................... 49,111 49,367 49,945 -0.5 -1.2 0.4 48,810 48,739 50,040 48,747 0.1

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 2,325 2,397 2,440 -3.0 -1.8 -2.7 2,580 2,487 2,413 2,820 -8.5

 Pharmaceuticals and medicines............ 17,377 17,573 18,254 -1.1 -3.7 2.0 16,860 17,274 18,529 16,634 1.4

 Paints, coatings, and adhesives............. 2,965 2,942 2,948 0.8 -0.2 0.4 2,954 2,820 2,861 2,879 2.6

 Plastics and rubber products..................... 17,638 17,502 17,543 0.8 -0.2 0.0 17,775 17,275 17,365 16,727 6.3

p

 Preliminary r Revised NA Not available. 1 See footnote at end of Table 3.

2 See footnote at end of Table 3.

See note at end of Table 2 relating to survey error and revision.
 7 

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

 Topical Series 1

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted2

Monthly Percent Change Monthly Year to date Percent

Industry Change6

Jan Dec Nov Dec - Nov - Oct - Jan Dec Nov Jan 2003/

2003p 2002r 2002 Jan. Dec. Nov. 2003p 2002r 2002 2002 2003p 2002 2002

SHIPMENTS

 All manufacturing industries 5................. 328,144 321,016 322,863 2.2 -0.6 -1.1 298,758 313,437 318,953 288,999 298,758 288,999 3.4

 Construction materials and supplies...... 36,274 36,322 36,111 -0.1 0.6 -0.1 32,073 32,281 34,493 30,732 32,073 30,732 4.4

 Information technology......................... 27,052 25,789 26,143 4.9 -1.4 -0.9 22,202 31,103 25,914 21,766 22,202 21,766 2.0

 Computers and related products .......... 7,741 6,423 6,675 20.5 -3.8 -6.1 6,185 8,521 6,270 5,228 6,185 5,228 18.3

 Motor vehicle and parts........................ 38,387 34,511 36,540 11.2 -5.6 -7.0 36,659 29,258 36,258 35,530 36,659 35,530 3.2

 Capital goods...................................... 63,192 61,507 63,077 2.7 -2.5 -0.9 53,367 68,682 61,650 53,037 53,367 53,037 0.6

 Nondefense capital goods 3.................. 55,880 55,229 56,031 1.2 -1.4 -1.8 47,262 61,397 54,281 47,578 47,262 47,578 -0.7

 Excluding aircraft............................. 54,153 52,468 53,154 3.2 -1.3 -1.4 46,036 57,641 51,275 44,986 46,036 44,986 2.3

 Defense capital goods 4....................... 7,312 6,278 7,046 16.5 -10.9 6.6 6,105 7,285 7,369 5,459 6,105 5,459 11.8

 Consumer goods.................................. 127,765 125,482 123,720 1.8 1.4 -1.7 119,498 121,147 125,096 115,267 119,498 115,267 3.7

 Consumer durable goods..................... 34,520 33,177 33,047 4.0 0.4 -3.8 31,828 29,997 33,318 31,216 31,828 31,216 2.0

 Consumer nondurable goods............... 93,245 92,305 90,673 1.0 1.8 -0.9 87,670 91,150 91,778 84,051 87,670 84,051 4.3

 All manufacturing industries 5

................. 327,114 320,465 319,427 2.1 0.3 -0.8 304,478 316,603 314,775 290,267 304,478 290,267 4.9

 Construction materials and supplies...... 35,926 35,977 35,949 -0.1 0.1 -1.4 32,156 31,631 34,108 31,167 32,156 31,167 3.2

 Information technology......................... 26,973 26,323 25,637 2.5 2.7 0.0 23,533 32,752 25,807 22,285 23,533 22,285 5.6

 Computers and related products .......... 7,507 7,362 6,692 2.0 10.0 -6.2 5,914 9,173 6,654 5,173 5,914 5,173 14.3

 Motor vehicle and parts........................ 38,292 34,542 36,714 10.9 -5.9 -6.0 37,068 29,718 36,577 35,950 37,068 35,950 3.1

 Capital goods...................................... 63,328 62,808 60,483 0.8 3.8 1.7 56,924 73,233 59,131 51,264 56,924 51,264 11.0

 Nondefense capital goods 3.................. 56,498 55,842 54,558 1.2 2.4 -1.2 50,092 61,332 53,227 46,689 50,092 46,689 7.3

 Excluding aircraft............................. 53,925 51,623 51,914 4.5 -0.6 -3.0 48,020 56,118 50,454 45,575 48,020 45,575 5.4

 Defense capital goods 4....................... 6,830 6,966 5,925 -2.0 17.6 39.0 6,832 11,901 5,904 4,575 6,832 4,575 49.3

 Consumer goods.................................. 127,672 125,359 123,463 1.8 1.5 -2.0 119,630 120,915 125,027 115,569 119,630 115,569 3.5

 Consumer durable goods..................... 34,427 33,054 32,790 4.2 0.8 -5.0 31,960 29,765 33,249 31,518 31,960 31,518 1.4

 Consumer nondurable goods.............. 93,245 92,305 90,673 1.0 1.8 -0.9 87,670 91,150 91,778 84,051 87,670 84,051 4.3

 All manufacturing industries 5

................. 476,388 477,418 477,969 -0.2 -0.1 -0.7 478,125 472,405 469,239 503,226 (X) (X) -5.0

 Construction materials and supplies...... 31,687 32,035 32,380 -1.1 -1.1 -0.5 31,107 31,024 31,674 32,178 (X) (X) -3.3

 Information technology......................... 98,145 98,224 97,690 -0.1 0.5 -0.5 99,102 97,771 96,122 102,244 (X) (X) -3.1

 Computers and related products .......... 7,574 7,808 6,869 -3.0 13.7 0.2 7,432 7,703 7,051 6,749 (X) (X) 10.1

 Motor vehicle and parts........................ 12,223 12,318 12,287 -0.8 0.3 1.4 12,652 12,243 11,783 12,613 (X) (X) 0.3

 Capital goods...................................... 332,697 332,561 331,260 0.0 0.4 -0.8 335,214 331,657 327,106 353,665 (X) (X) -5.2

 Nondefense capital goods 3..................209,718 209,100 208,487 0.3 0.3 -0.7 210,242 207,412 207,477 229,899 (X) (X) -8.6

 Excluding aircraft............................. 123,657 123,885 124,730 -0.2 -0.7 -1.0 124,181 122,197 123,720 137,496 (X) (X) -9.7

 Defense capital goods 4....................... 122,979 123,461 122,773 -0.4 0.6 -0.9 124,972 124,245 119,629 123,766 (X) (X) 1.0

 Consumer goods.................................. 11,734 11,827 11,950 -0.8 -1.0 -2.1 11,884 11,752 11,984 13,459 (X) (X) -11.7

 Consumer durable goods..................... 11,734 11,827 11,950 -0.8 -1.0 -2.1 11,884 11,752 11,984 13,459 (X) (X) -11.7 

 All manufacturing industries 5................. 430,804 430,951 428,220 0.0 0.6 -0.2 429,291 421,094 430,896 434,841 (X) (X) -1.3

 Construction materials and supplies...... 45,737 45,764 45,709 -0.1 0.1 0.4 45,885 44,712 45,328 46,008 (X) (X) -0.3

 Information technology......................... 38,686 39,349 39,496 -1.7 -0.4 0.1 38,055 37,599 40,024 42,496 (X) (X) -10.5

 Computers and related products .......... 6,907 7,067 7,095 -2.3 -0.4 1.2 6,689 6,510 7,388 7,060 (X) (X) -5.3

 Motor vehicle and parts........................ 21,042 20,741 20,563 1.5 0.9 -0.5 20,944 20,302 20,697 19,647 (X) (X) 6.6

 Capital goods...................................... 131,012 131,846 130,053 -0.6 1.4 -0.3 129,952 127,433 131,763 139,507 (X) (X) -6.8

 Nondefense capital goods 3

..................112,396 112,810 111,640 -0.4 1.0 -0.3 111,402 108,811 113,414 120,669 (X) (X) -7.7

 Excluding aircraft............................. 89,323 90,016 89,890 -0.8 0.1 0.0 88,547 86,960 90,801 95,278 (X) (X) -7.1

 Defense capital goods 4....................... 18,616 19,036 18,413 -2.2 3.4 -0.1 18,550 18,622 18,349 18,838 (X) (X) -1.5

 Consumer goods.................................. 127,780 127,268 127,413 0.4 -0.1 -0.1 126,979 124,526 128,901 123,425 (X) (X) 2.9

 Consumer durable goods..................... 26,856 26,715 26,687 0.5 0.1 -0.1 26,584 25,474 26,706 25,649 (X) (X) 3.6

 Consumer nondurable goods............... 100,924 100,553 100,726 0.4 -0.2 0.0 100,395 99,052 102,195 97,776 (X) (X) 2.7

p

 Preliminary r Revised X Not Applicable.

1

 Topical series are regroupings of the separate industry categories. 2

 Shipments and new orders are the totals for the period and are adjusted for trading-day and calendar-month variations. 3

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

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

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

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

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

and supplies.

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

and search and navigation equipment.

5 Aggregate estimates and percent changes exclude semiconductor industry data. Due to the number of large semiconductor manufacturers choosing not to participate in 

this voluntary monthly survey, the Census Bureau cannot currently produce monthly estimates of semiconductor shipments, orders, or inventories.

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

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

NEW ORDERS

UNFILLED ORDERS

TOTAL INVENTORIES
 8

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

 

[Millions of Dollars]

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Percent

Industry Change

Jan Dec Nov Dec - Nov - Oct - Jan Dec Nov Jan Jan

2003p 2002r 2002 Jan. Dec. Nov. 2003p 2002r 2002 2002 03/02

MATERIALS AND SUPPLIES

 All manufacturing industries 1................. 139,058 138,406 139,407 0.5 -0.7 -0.4 139,690 138,101 140,045 144,587 -3.4

 Durable goods industries 1

..................... 82,923 83,293 83,486 -0.4 -0.2 -1.0 83,394 83,083 84,229 88,712 -6.0

 Wood products................................... 3,419 3,395 3,431 0.7 -1.0 -1.7 3,640 3,608 3,755 3,870 -5.9

 Nonmetallic mineral products............... 3,239 3,234 3,222 0.2 0.4 -1.1 3,251 3,234 3,232 3,369 -3.5

 Primary metals.................................... 6,252 6,210 6,159 0.7 0.8 -0.7 6,368 6,477 6,368 6,280 1.4

 Fabricated metal products..................... 10,635 10,706 10,762 -0.7 -0.5 -0.7 10,649 10,717 10,617 10,805 -1.4

 Machinery.......................................... 14,464 14,626 14,630 -1.1 0.0 -1.2 14,528 14,365 14,624 16,322 -11.0

 Computers and electronic products 1

... 14,884 15,085 15,394 -1.3 -2.0 -0.7 14,731 14,803 15,476 17,363 -15.2

 Electrical equipment, appliances,

 and components.............................. 4,480 4,402 4,442 1.8 -0.9 0.2 4,474 4,351 4,471 4,851 -7.8

 Transportation equipment.................. 16,370 16,404 16,325 -0.2 0.5 -1.3 16,625 16,434 16,611 16,852 -1.3

 Furniture and related products............ 2,982 2,989 2,948 -0.2 1.4 0.6 2,973 2,982 2,920 3,014 -1.4

 Miscellaneous products........................ 6,198 6,242 6,173 -0.7 1.1 -1.9 6,155 6,112 6,155 5,986 2.8

 Nondurable goods industries.................... 56,135 55,113 55,921 1.9 -1.4 0.5 56,296 55,018 55,816 55,875 0.8

 Food products.................................... 9,992 9,995 9,966 0.0 0.3 0.1 10,189 10,018 10,056 10,316 -1.2

 Beverage and tobacco products............ 5,716 5,876 6,049 -2.7 -2.9 0.6 5,981 6,116 5,897 6,173 -3.1

 Textiles.............................................. 1,390 1,402 1,431 -0.9 -2.0 0.7 1,391 1,398 1,421 1,488 -6.5

 Textile products.................................. 1,539 1,504 1,501 2.3 0.2 -2.0 1,514 1,451 1,466 1,474 2.7

 Apparel............................................. 1,666 1,681 1,714 -0.9 -1.9 0.5 1,644 1,680 1,678 1,784 -7.8

 Leather and allied products................... 358 356 365 0.6 -2.5 0.6 353 348 360 338 4.4

 Paper products................................... 7,135 7,113 7,040 0.3 1.0 -0.8 7,199 7,155 7,043 7,193 0.1

 Printing ............................................. 2,406 2,388 2,496 0.8 -4.3 1.2 2,376 2,315 2,539 2,508 -5.3

 Petroleum and coal products............... 3,660 3,014 3,152 21.4 -4.4 2.1 3,449 2,819 3,113 2,702 27.6

 Basic chemicals................................... 15,406 14,983 15,373 2.8 -2.5 2.0 15,354 14,938 15,441 15,270 0.6

 Plastics and rubber products............... 6,867 6,801 6,834 1.0 -0.5 -1.3 6,846 6,780 6,802 6,629 3.3

WORK IN PROCESS

 All manufacturing industries 1................. 128,985 128,866 126,420 0.1 1.9 -0.3 127,909 124,461 128,457 131,110 -2.4

 Durable goods industries 1

..................... 100,060 100,037 97,231 0.0 2.9 -0.2 99,105 96,420 98,492 103,607 -4.3

 Wood products................................... 2,030 2,077 2,077 -2.3 0.0 0.8 2,013 2,028 2,060 1,921 4.8

 Nonmetallic mineral products............... 1,146 1,161 1,150 -1.3 1.0 0.3 1,147 1,110 1,096 1,148 -0.1

 Primary metals.................................... 6,383 6,244 6,291 2.2 -0.7 1.5 6,381 6,253 6,317 6,448 -1.0

 Fabricated metal products..................... 9,806 9,848 9,809 -0.4 0.4 0.5 9,665 9,554 9,828 9,944 -2.8

 Machinery.......................................... 13,996 14,104 13,950 -0.8 1.1 0.3 13,538 13,407 14,218 14,236 -4.9

 Computers and electronic products 1... 17,491 17,656 17,556 -0.9 0.6 1.1 17,138 16,670 17,702 17,914 -4.3

 Electrical equipment, appliances,

 and components.............................. 2,823 2,821 2,758 0.1 2.3 0.0 2,788 2,676 2,715 3,034 -8.1

 Transportation equipment.................. 41,728 41,684 39,207 0.1 6.3 -1.4 41,867 40,457 40,097 44,420 -5.7

 Furniture and related products............ 1,419 1,356 1,435 4.6 -5.5 -1.4 1,415 1,353 1,421 1,507 -6.1

 Miscellaneous products........................ 3,238 3,086 2,998 4.9 2.9 -0.9 3,153 2,912 3,038 3,035 3.9

 Nondurable goods industries.................... 28,925 28,829 29,189 0.3 -1.2 -0.7 28,804 28,041 29,965 27,503 4.7

 Food products.................................... 2,817 2,800 2,783 0.6 0.6 -1.0 2,956 3,007 3,239 2,691 9.8

 Beverage and tobacco products............ 3,968 3,979 3,920 -0.3 1.5 -1.3 4,125 4,151 4,224 4,015 2.7

 Textiles.............................................. 1,168 1,149 1,118 1.7 2.8 -0.2 1,185 1,115 1,101 1,324 -10.5

 Textile products.................................. 768 752 774 2.1 -2.8 -0.6 759 706 774 813 -6.6

 Apparel............................................. 1,373 1,373 1,351 0.0 1.6 1.8 1,379 1,269 1,337 1,455 -5.2

 Leather and allied products................... 126 138 141 -8.7 -2.1 -7.2 124 133 139 170 -27.1

 Paper products................................... 1,140 1,161 1,188 -1.8 -2.3 -0.6 1,165 1,176 1,166 1,316 -11.5

 Printing ............................................. 1,754 1,758 1,892 -0.2 -7.1 -1.6 1,644 1,468 1,915 1,758 -6.5

 Petroleum and coal products............... 4,141 4,102 3,783 1.0 8.4 -3.1 3,973 3,742 3,748 2,996 32.6

 Basic chemicals................................... 9,361 9,313 9,918 0.5 -6.1 0.3 9,145 9,032 10,000 8,683 5.3

 Plastics and rubber products............... 2,309 2,304 2,321 0.2 -0.7 -0.4 2,349 2,242 2,322 2,282 2.9

FINISHED GOODS

 All manufacturing industries 1................. 162,761 163,679 162,393 -0.6 0.8 0.1 161,692 158,532 162,394 159,144 1.6

 Durable goods industries 1

..................... 81,712 81,912 81,770 -0.2 0.2 0.6 81,106 78,600 81,428 79,847 1.6

 Wood products................................... 3,733 3,723 3,788 0.3 -1.7 1.1 3,683 3,473 3,585 3,787 -2.7

 Nonmetallic mineral products............... 4,609 4,593 4,566 0.3 0.6 0.9 4,683 4,509 4,394 4,561 2.7

 Primary metals.................................... 6,261 6,288 6,186 -0.4 1.6 1.9 6,337 6,270 6,128 6,250 1.4

 Fabricated metal products..................... 10,274 10,302 10,293 -0.3 0.1 0.2 10,327 9,927 10,149 10,750 -3.9

 Machinery.......................................... 16,026 15,999 15,860 0.2 0.9 0.6 16,292 15,673 15,949 15,950 2.1

 Computers and electronic products 1

... 9,336 9,531 9,606 -2.0 -0.8 0.5 9,209 9,002 9,831 10,202 -9.7

 Electrical equipment, appliances,

 and components.............................. 5,120 5,174 5,303 -1.0 -2.4 -1.5 5,101 4,889 5,292 5,500 -7.3

 Transportation equipment.................. 14,761 14,681 14,596 0.5 0.6 0.1 13,997 13,619 14,538 12,064 16.0

 Furniture and related products............ 2,668 2,674 2,667 -0.2 0.3 2.4 2,640 2,557 2,688 2,527 4.5

 Miscellaneous products........................ 8,924 8,947 8,905 -0.3 0.5 1.5 8,837 8,681 8,874 8,256 7.0

 Nondurable goods industries.................... 81,049 81,767 80,623 -0.9 1.4 -0.5 80,586 79,932 80,966 79,297 1.6

 Food products.................................... 19,234 19,227 19,472 0.0 -1.3 0.6 19,122 19,041 20,338 18,579 2.9

 Beverage and tobacco products............ 4,469 4,330 4,170 3.2 3.8 -4.8 4,375 4,162 4,327 4,516 -3.1

 Textiles.............................................. 2,367 2,358 2,310 0.4 2.1 -3.1 2,359 2,236 2,268 2,581 -8.6

 Textile products.................................. 2,280 2,272 2,218 0.4 2.4 -0.4 2,287 2,158 2,146 2,111 8.3

 Apparel............................................. 4,475 4,435 4,369 0.9 1.5 -1.6 4,467 4,297 4,114 4,667 -4.3

 Leather and allied products................... 1,141 1,099 1,071 3.8 2.6 0.5 1,129 1,045 1,073 952 18.6

 Paper products................................... 6,330 6,270 6,299 1.0 -0.5 1.4 6,356 6,128 6,268 6,355 0.0

 Printing ............................................. 1,772 1,826 1,583 -3.0 15.4 -0.4 1,652 1,791 1,556 1,588 4.0

 Petroleum and coal products............... 6,175 6,482 6,089 -4.7 6.5 -3.1 5,948 6,052 6,036 5,338 11.4

 Basic chemicals................................... 24,344 25,071 24,654 -2.9 1.7 -0.5 24,311 24,769 24,599 24,794 -1.9

 Plastics and rubber products............... 8,462 8,397 8,388 0.8 0.1 1.2 8,580 8,253 8,241 7,816 9.8

p

 Preliminary r Revised 1 See footnote at end of Table 3.

See note at end of Table 2 relating to survey error and revisions.
 9

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

 to Shipments, by Industry Group

[Based on Seasonally Adjusted data]

Inventory/Shipments ratio Unfilled Orders/Shipments ratio 1

Industry Jan Dec Nov Oct Jan Dec Nov Oct

2003p 2002r 2002 2002 2003p 2002r 2002 2002

 All manufacturing industries 2

...... 1.31 1.34 1.33 1.31 (X) (X) (X) (X)

Durable goods industries 2................... 1.51 1.56 1.51 1.49 3.92 4.05 3.94 3.92

 Wood products................................ 1.25 1.24 1.24 1.27 (X) (X) (X) (X)

 Nonmetallic mineral products........... 1.03 1.05 1.06 1.06 (X) (X) (X) (X)

 Primary metals................................. 1.66 1.68 1.67 1.62 1.30 1.34 1.36 1.39

 Fabricated metal products............... 1.47 1.47 1.47 1.45 1.89 1.89 1.92 1.91

 Machinery....................................... 1.98 2.01 1.96 1.95 2.18 2.22 2.19 2.22

 Computers and electronic products 2

.. 1.55 1.65 1.63 1.61 4.71 4.92 4.89 4.85

 Electrical equipment, appliances,

 and components............................. 1.38 1.38 1.37 1.40 1.68 1.70 1.68 1.72

 Transportation equipment................. 1.40 1.51 1.37 1.32 7.71 8.31 7.52 7.42

 Furniture and related products........... 1.25 1.23 1.28 1.26 1.04 1.04 1.10 1.09

 Miscellaneous products.................... 1.70 1.71 1.71 1.74 (X) (X) (X) (X)

Nondurable goods industries.............. 1.09 1.10 1.11 1.11 (X) (X) (X) (X)

 Food products................................... 0.84 0.84 0.85 0.85 (X) (X) (X) (X)

 Beverage and tobacco products......... 1.64 1.65 1.62 1.61 (X) (X) (X) (X)

 Textiles.......................................... 1.39 1.47 1.35 1.40 (X) (X) (X) (X)

 Textile products............................... 1.47 1.44 1.41 1.46 (X) (X) (X) (X)

 Apparel.......................................... 1.57 1.56 1.52 1.63 (X) (X) (X) (X)

 Leather and allied products............... 2.25 2.52 2.17 2.20 (X) (X) (X) (X)

 Paper products................................ 1.12 1.11 1.14 1.12 (X) (X) (X) (X)

 Printing.......................................... 0.74 0.74 0.74 0.74 (X) (X) (X) (X)

 Petroleum and coal products............ 0.66 0.67 0.69 0.68 (X) (X) (X) (X)

 Basic chemicals............................... 1.34 1.37 1.39 1.39 (X) (X) (X) (X)

 Plastics and rubber products.............. 1.16 1.15 1.16 1.16 (X) (X) (X) (X)

p

 Preliminary r Revised X Not Applicable 1

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

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

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

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

trucks; and miscellaneous furniture.

2 See footnote at end of Table 2.

Jan Jan Jan Jan

Industry Jan2 2002- Jan2 2002- Jan2 2002- Jan2 2002-

Jan1 1998- Dec Jan1 1998- Dec Jan1 1998- Dec Jan1 1998- Dec

2003 2002 2002 2003 2002 2002 2003 2002 2002 2003 2002 2002

 All manufacturing industries 3

......... (X) (NA) 0.2 (X) (NA) 0.3 (X) (NA) 0.2 (X) (NA) 0.1

Durable goods industries 3...................... -0.3 (NA) 0.2 -0.4 (NA) 0.5 0.0 (NA) 0.2 -0.1 (NA) 0.1

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

 Nonmetallic mineral products.............. (X) (NA) 1.2 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.4

 Primary metals.................................... -0.2 (NA) 0.4 -0.2 (NA) 0.7 0.0 (NA) 0.3 0.0 (NA) 0.1

 Fabricated metal products................... -0.4 (NA) 0.2 -0.5 (NA) 1.0 -0.1 (NA) 0.4 0.1 (NA) 0.2

 Machinery.......................................... -0.4 (NA) 0.4 -0.9 (NA) 1.2 -0.3 (NA) 0.4 0.1 (NA) 0.2

 Computers and electronic products 3

... -1.5 (NA) 0.7 -0.9 (NA) 1.1 0.2 (NA) 0.3 -0.4 (NA) 0.3

 Electrical equipment, appliances,

 and components............................. -0.9 (NA) 0.4 -0.8 (NA) 0.8 0.2 (NA) 0.5 0.2 (NA) 0.1

 Transportation equipment................... 0.1 (NA) 0.6 -0.1 (NA) 1.4 0.0 (NA) 0.2 -0.1 (NA) 0.3

 Furniture and related products............. (X) (NA) 0.3 (X) (NA) 0.8 (X) (NA) 0.7 (X) (NA) 0.1

 Miscellaneous products...................... (X) (NA) 0.4 (X) (NA) 1.2 (X) (NA) 2.0 (X) (NA) 0.4

Nondurable goods industries.................. (X) (NA) 0.4 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

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

 Beverage and tobacco products............ (X) (NA) 1.1 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Textiles............................................. (X) (NA) 1.1 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.5

 Textile products.................................. (X) (NA) 1.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.4

 Apparel.............................................. (X) (NA) 0.9 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.5

 Leather and allied products.................. (X) (NA) 5.0 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 1.0

 Paper products.................................... (X) (NA) 1.2 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

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

 Petroleum and coal products................ (X) (NA) 1.1 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.7

 Basic chemicals.................................. (X) (NA) 0.9 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.2

 Plastics and rubber products................ (X) (NA) 0.3 (X) (NA) (NA) (X) (NA) (NA) (X) (NA) 0.3

X Not Applicable NA Not Available

1

 The current month revisions are the difference between the advance percent change and the percent change as shown in this publication. 2

 Average revisions of the current month for the past five years. 3

 See footnote at end of Table 7

See note at end of Table 2 relating to survey error and revision. In Table 8, the second column for each item represents the average revisions

of the current month for the past five years.

NOTE: The five year and 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.

[Based on Seasonally Adjusted data]

Table 8. Revisions to Previously Published Monthly Percent Changes

Shipments New Orders Unfilled Orders Inventories
10

Survey Description 

This report is compiled from results of the U.S.

Census Bureau’s Manufacturers’ Shipments,

Inventories, and Orders (M3) survey. This survey

provides statistics on manufacturers' value of

shipments, new orders (net of cancellations), end-ofmonth order backlog (unfilled orders), end-of-month

total inventory (at current cost or market value), and

inventories by stage of fabrication (materials and

supplies, work-in-process, and finished goods). The

M3 includes approximately 3,500 reporting units. 

Units may be divisions of diversified large

companies, large homogenous companies, or singleunit manufacturers in 89 industry categories. Due to

the small monthly sample, these 89 categories have

been combined into 59 publication levels. The

survey methodology assumes that the month-to-month

changes of the total operations of those companies in

the monthly survey effectively represent the monthto-month movements of all establishments that make

up the category. The current coverage levels in the

survey show that reported data in the monthly survey

represent approximately 60 percent of the shipments

estimates at the total manufacturing level. Data

published represent manufacturing in a calendar

month. The data collection is based on a voluntary

survey authorized by Title 13 of the United States

Code.

The data presented in this release are based on data

obtained from a panel of 3,500 reporting units and

provide an indication of the activity within the

manufacturing sector. The results differ from what

would be obtained from a complete enumeration of

all manufacturing companies. In addition, a different

panel of 3,500 companies would yield different

results. The M3 panel is comprised of companies

with $500 million or more in shipments and a limited

number of smaller companies. From a statistical

perspective, the panel is not a probability sample;

therefore, the sampling errors that are normally

provided with sample surveys cannot be measured. 

Nonsampling errors are attributable to many sources. 

The use of company or divisional reports to estimate

the monthly change for establishments is one source

of nonsampling error. The use of primarily large

companies to represent the month-to-month

movement of all companies is another potential

source.

Additional survey documentation can be found on our

web site: http://www.census.gov/m3.