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FOR RELEASE AT 10:00 AM EDT, WEDNESDAY, OCTOBER 4, 2023

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

AUGUST 2023 

Release Number: CB 23-155 M3-2 (23)-08 

October 4, 2023 — The U.S. Census Bureau announces the August full report on manufacturers’ 

shipments, inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

AUGUST 2023 $586.1 billion +1.2%°

JULY 2023 

(revised) $579.4 billion -2.1%°

Next release: November 2, 2023

Data adjusted for seasonal variation but not for price changes. Statistical significance is not 

measurable for this survey. The Manufacturers' Shipments, Inventories, and Orders estimates are 

not based on a probability sample, so the sampling error of these estimates cannot be measured, 

nor can the confidence intervals be computed.

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, October 4, 2023. 

Summary

New orders for manufactured goods in August, up five of the last six months, increased $6.7 billion or 1.2

percent to $586.1 billion, the U.S. Census Bureau reported today. This followed a 2.1 percent July

decrease. Shipments, up four consecutive months, increased $7.7 billion or 1.3 percent to $586.0 billion. 

This followed a 0.7 percent July increase. Unfilled orders, up eight of the last nine months, increased $5.0

billion or 0.4 percent to $1,335.9 billion. This followed a 0.5 percent July increase. The unfilled orders-toshipments ratio was 6.78, down from 6.80 in July. Inventories, up two consecutive months, increased $2.8

billion or 0.3 percent to $855.4 billion. This followed a 0.1 percent July increase. The inventories-toshipments ratio was 1.46, down from 1.47 in July. 

New Orders

New orders for manufactured durable goods in August, up five of the last six months, increased $0.4 billion 

or 0.1 percent to $284.7 billion, down from the previously published 0.2 percent increase. This followed a

5.6 percent July decrease. Fabricated metal products, up six of the last seven months, led the increase, 

$0.2 billion or 0.6 percent to $36.0 billion. New orders for manufactured nondurable goods increased $6.3

billion or 2.1 percent to $301.4 billion. 

0.1%

0.9%

-2.4%

1.0%

0.0%

-1.7%

0.6%

0.3% 0.4%

2.3%

-2.1%

1.2%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

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

MANUFACTURERS' NEW ORDERS 2022-2023

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, October 4, 2023.
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Shipments

Shipments of manufactured durable goods in August, up three of the last four months, increased $1.5

billion or 0.5 percent to $284.6 billion, unchanged from the previously published increase. This followed a

0.1 percent July decrease. Transportation equipment, up following two consecutive monthly decreases, 

led the increase, $0.8 billion or 0.9 percent to $92.5 billion. Shipments of manufactured nondurable 

goods, up three consecutive months, increased $6.3 billion or 2.1 percent to $301.4 billion. This followed 

a 1.5 percent July increase. Petroleum and coal products, also up three consecutive months, led the 

increase, $5.8 billion or 8.8 percent to $71.5 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in August, up eight of the last nine months, increased $5.0

billion or 0.4 percent to $1,335.9 billion, unchanged from the previously published increase. This followed 

a 0.5 percent July increase. Transportation equipment, also up eight of the last nine months, drove the 

increase, $5.3 billion or 0.6 percent to $838.7 billion.

Inventories

Inventories of manufactured durable goods in August, up following two consecutive monthly decreases, 

increased $1.1 billion or 0.2 percent to $523.4 billion, unchanged from the previously published increase. 

This followed a virtually unchanged July decrease. Transportation equipment, also up following two 

consecutive monthly decreases, led the increase, $0.4 billion or 0.2 percent to $164.4 billion. Inventories 

of manufactured nondurable goods, up two consecutive months, increased $1.7 billion or 0.5 percent to 

$332.0 billion. This followed a 0.3 percent July increase. Petroleum and coal products, also up two 

consecutive months, drove the increase, $2.2 billion or 4.8 percent to $48.5 billion. By stage of fabrication, 

August materials and supplies decreased 0.2 percent in durable goods and increased 0.3 percent in 

nondurable goods. Work in process increased 0.4 percent in durable goods and 2.6 percent in nondurable 

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

goods. 

The Advance Report on durable goods for September is scheduled for release on October 26, 2023, at 8:30

a.m. EDT and the Full Report on November 2, 2023, at 10:00 a.m. EDT. View the full schedule in the

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

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

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

exclude data for semiconductor manufacturing. 

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

decrease.

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

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

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

Description of the survey 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

normally provided with sample surveys cannot be measured. Nonsampling errors are attributable to many 
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sources. The use of company or divisional reports to estimate the monthly change for establishments is 

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

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

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

Any revisions made later than two months will be reflected in the annual benchmark publication. 

Additional survey documentation can be found on our web site: 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.

RESOURCES

API

The Census Bureau’s application programming interface (API) lets developers create custom apps to reach 

new users and makes key demographic, socio-economic and housing statistics more accessible than ever 

before. 

<www.census.gov/developers/>. 

FRED Mobile App

Receive the latest updates on the nation’s key economic indicators by downloading 

the FRED App <https://fred.stlouisfed.org/fred-mobile/> for both Apple and 

Android devices. FRED, the signature database of the Federal Reserve Bank of St. 

Louis, now incorporates the Census Bureau’s 13 economic indicators.

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

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Aug. July June July - June - May - Aug. July June Aug. 2023/

2023p 2023r 2023 Aug. July June 2023p 2023r 2023 2022 2023p 2022 2022

 All manufacturing industries.................. 585,981 578,270 574,298 1.3 0.7 0.2 611,630 552,030 609,697 607,864 4,608,541 4,585,256 0.5

 Excluding transportation................... 493,511 486,611 482,379 1.4 0.9 0.3 514,829 475,579 508,500 518,617 3,897,477 3,942,317 -1.1

 Excluding defense.............................. 570,120 562,647 558,500 1.3 0.7 0.1 595,931 538,095 593,037 593,374 4,488,315 4,474,263 0.3

 With unfilled orders............................ 196,908 195,695 196,617 0.6 -0.5 0.3 204,645 180,298 215,042 198,514 1,552,666 1,489,716 4.2

 Durable goods industries......................... 284,597 283,138 283,448 0.5 -0.1 0.0 298,282 259,904 307,882 288,876 2,240,293 2,150,894 4.2

 Wood products....................................... 13,415 13,354 13,332 0.5 0.2 -0.4 14,339 13,509 14,647 14,492 108,642 111,318 -2.4

 Nonmetallic mineral products.................... 13,302 13,277 13,289 0.2 -0.1 -0.1 14,926 13,578 14,752 14,751 106,765 104,492 2.2

 Primary metals....................................... 26,496 26,610 26,824 -0.4 -0.8 -0.3 28,106 25,422 28,463 28,802 218,143 221,688 -1.6

 Iron and steel mills............................ 14,531 14,618 14,834 -0.6 -1.5 -0.7 15,408 14,132 15,730 16,190 120,773 120,662 0.1

 Aluminum and nonferrous metals.......... 10,352 10,398 10,366 -0.4 0.3 0.4 10,982 9,802 10,909 10,907 83,748 88,217 -5.1

 Ferrous metal foundries....................... 1,613 1,594 1,624 1.2 -1.8 -1.6 1,716 1,488 1,824 1,705 13,622 12,809 6.3

 Fabricated metal products....................... 35,784 35,701 35,688 0.2 0.0 1.0 38,227 34,305 37,895 38,317 285,570 286,982 -0.5

 Machinery............................................. 38,288 37,941 37,792 0.9 0.4 0.3 39,517 35,783 41,428 37,987 303,051 292,233 3.7

 Farm machinery................................. 2,704 2,616 2,593 3.4 0.9 1.7 2,680 2,594 2,709 3,286 21,092 27,749 -24.0

 Construction machinery..................... 4,366 4,197 4,327 4.0 -3.0 -0.5 4,388 4,024 4,915 3,820 34,766 29,343 18.5

 Mining, oil field, and 

 gas field machinery.......................... 1,733 1,765 1,684 -1.8 4.8 -6.4 1,724 1,689 1,695 1,542 13,626 11,330 20.3

 Industrial machinery.......................... 3,610 3,698 3,675 -2.4 0.6 9.7 3,565 3,503 4,249 3,680 28,574 29,097 -1.8

 Photographic equipment...................... 631 645 654 -2.2 -1.4 -1.4 622 605 750 616 4,998 4,817 3.8

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 5,139 5,021 4,835 2.4 3.8 -0.6 5,818 5,153 5,906 5,190 39,892 36,920 8.0

 Metalworking machinery..................... 2,732 2,676 2,650 2.1 1.0 -4.1 2,802 2,376 2,806 2,849 21,514 21,919 -1.8

 Turbines, generators, and other

 power transmission equipment....... 3,878 3,875 4,019 0.1 -3.6 -1.4 4,093 3,670 4,081 3,824 31,690 28,427 11.5

 Material handling equipment............... 4,268 4,162 4,155 2.5 0.2 2.3 4,502 3,703 4,365 3,775 32,167 28,766 11.8

 Computers and electronic products2.......... 29,420 29,336 29,227 0.3 0.4 -0.1 29,601 27,506 31,366 29,379 226,666 221,691 2.2

 Computers........................................ 889 855 823 4.0 3.9 -2.4 953 854 992 811 6,498 5,839 11.3

 Computer storage devices..................... 416 428 377 -2.8 13.5 -11.9 390 388 500 333 3,111 2,757 12.8

 Other peripheral equipment................ 747 693 811 7.8 -14.5 3.8 704 643 971 661 5,842 4,374 33.6

 Nondefense communications

 equipment.................................... 2,806 2,826 2,818 -0.7 0.3 1.4 2,489 2,476 3,514 2,647 21,563 21,888 -1.5

 Defense communications equipment.... 202 209 198 -3.3 5.6 -3.4 209 201 200 204 1,582 1,523 3.9

 Audio and video equipment.................... 620 749 518 -17.2 44.6 8.6 581 658 434 378 3,507 3,148 11.4

 Electronic components......................... 4,800 4,635 4,710 3.6 -1.6 0.7 5,187 4,503 5,031 5,043 37,724 37,170 1.5

 Nondefense search and navigation

 equipment...................................... 1,605 1,621 1,628 -1.0 -0.4 -1.3 1,638 1,427 1,756 1,652 12,712 12,520 1.5

 Defense search and navigation

 equipment..................................... 3,323 3,315 3,296 0.2 0.6 0.1 3,288 3,110 3,397 3,138 25,328 24,343 4.0

 Electromedical, measuring,

 and control instruments................. 8,974 8,898 8,907 0.9 -0.1 0.2 8,993 8,270 9,734 8,935 68,643 67,776 1.3

 Electrical equipment, appliances, 

 and components................................... 14,220 14,042 14,037 1.3 0.0 -0.1 15,041 13,157 15,633 13,892 112,079 103,176 8.6

 Electric lighting equipment..................... 1,337 1,309 1,313 2.1 -0.3 1.3 1,414 1,262 1,398 1,297 10,300 9,569 7.6

 Household appliances........................ 2,361 2,340 2,350 0.9 -0.4 -0.6 2,521 1,999 2,602 2,545 18,393 18,559 -0.9

 Electrical equipment............................ 4,689 4,677 4,595 0.3 1.8 0.8 4,919 4,365 5,422 4,191 37,106 31,687 17.1

 Batteries........................................... 1,393 1,389 1,317 0.3 5.5 1.5 1,512 1,227 1,352 1,086 10,334 7,425 39.2

 Transportation equipment........................ 92,470 91,659 91,919 0.9 -0.3 -0.1 96,801 76,451 101,197 89,247 711,064 642,939 10.6

 Automobiles..................................... 9,533 9,080 9,002 5.0 0.9 -1.7 10,886 7,096 9,442 9,545 71,307 63,422 12.4

 Light trucks and utility vehicles.............. 21,479 21,909 21,470 -2.0 2.0 -1.3 23,326 17,488 22,888 21,704 166,055 153,203 8.4

 Heavy duty trucks ............................. 3,052 2,986 2,972 2.2 0.5 -0.2 3,130 2,775 3,231 2,661 23,418 19,103 22.6

 Motor vehicle bodies, parts, 

 and trailers.................................... 29,169 29,172 29,094 0.0 0.3 0.6 31,526 25,511 30,605 31,049 234,507 225,768 3.9

 Nondefense aircraft and parts................ 13,660 13,139 13,788 4.0 -4.7 -0.2 12,435 10,176 18,384 9,446 94,930 68,871 37.8

 Defense aircraft and parts.................. 4,700 4,772 4,829 -1.5 -1.2 1.0 4,796 4,243 5,300 4,646 36,960 34,914 5.9

 Ships and boats................................. 3,676 3,460 3,705 6.2 -6.6 -1.3 3,610 3,052 3,994 3,564 29,818 27,703 7.6

 Furniture and related products.................. 6,715 6,712 6,876 0.0 -2.4 0.4 7,225 6,723 7,175 7,409 54,655 54,435 0.4

 Miscellaneous durable goods................. 14,487 14,506 14,464 -0.1 0.3 -1.0 14,499 13,470 15,326 14,600 113,658 111,940 1.5

 Nondurable goods industries..................... 301,384 295,132 290,850 2.1 1.5 0.4 313,348 292,126 301,815 318,988 2,368,248 2,434,362 -2.7

 Food products....................................... 79,595 79,500 79,247 0.1 0.3 -0.1 81,758 76,969 79,276 81,940 631,510 629,508 0.3

 Grain and oilseed milling....................... 9,661 9,702 9,755 -0.4 -0.5 -0.2 10,174 9,436 9,758 10,643 78,992 79,144 -0.2

 Dairy products.................................. 11,390 11,435 11,507 -0.4 -0.6 -0.5 11,651 11,310 11,534 12,090 92,268 92,937 -0.7

 Meat, poultry, and seafood products... 23,915 23,920 23,868 0.0 0.2 -0.6 24,450 23,552 24,935 25,135 192,219 198,009 -2.9

 Beverage and tobacco products................ 17,902 17,832 17,815 0.4 0.1 2.2 18,539 17,954 18,599 17,112 138,844 123,891 12.1

 Beverages......................................... 11,005 10,974 10,782 0.3 1.8 1.0 11,642 11,096 11,566 10,889 86,279 80,498 7.2

 Tobacco............................................ 6,897 6,858 7,033 0.6 -2.5 3.9 6,897 6,858 7,033 6,223 52,565 43,393 21.1

 Textile mills........................................... 2,077 2,098 2,092 -1.0 0.3 -0.5 2,234 2,099 2,207 2,452 17,142 18,450 -7.1

 Textile products................................... 1,993 1,975 1,990 0.9 -0.8 0.1 2,083 1,990 2,139 2,156 16,261 16,885 -3.7

 Apparel................................................ 849 856 824 -0.8 3.9 -5.3 895 832 782 872 6,549 6,308 3.8

 Leather and allied products...................... 473 476 478 -0.6 -0.4 0.2 492 472 482 492 3,905 3,552 9.9

 Paper products...................................... 17,191 17,265 17,406 -0.4 -0.8 -0.3 18,108 16,927 17,949 18,144 139,855 138,189 1.2

 Pulp, paper, and paperboard mills....... 6,773 6,836 6,948 -0.9 -1.6 0.2 7,061 6,848 7,017 7,009 55,757 53,662 3.9

 Paperboard containers........................ 6,338 6,308 6,330 0.5 -0.3 -0.8 6,897 6,094 6,681 6,852 50,795 50,924 -0.3

 Printing................................................. 7,252 7,310 7,319 -0.8 -0.1 2.0 7,444 7,010 7,382 7,543 57,430 56,390 1.8

 Petroleum and coal products.................. 71,511 65,733 61,799 8.8 6.4 0.6 75,645 69,753 65,734 82,702 536,502 626,783 -14.4

 Petroleum refineries.......................... 66,628 60,907 56,968 9.4 6.9 0.7 69,931 64,476 60,201 77,119 498,060 589,817 -15.6

 Chemical products..................................... 77,831 77,489 77,272 0.4 0.3 0.3 80,099 74,295 80,905 78,991 621,676 611,869 1.6

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,978 3,982 3,852 -0.1 3.4 2.7 3,269 3,161 3,942 3,213 32,214 33,063 -2.6

 Pharmaceuticals and medicines............. 25,006 24,833 24,733 0.7 0.4 1.1 25,834 23,601 25,604 24,118 194,249 179,071 8.5

 Paints, coatings, and adhesives.......... 4,192 4,161 4,166 0.7 -0.1 1.3 4,630 4,105 4,558 4,632 34,213 34,280 -0.2

 Plastics and rubber products.................. 24,710 24,598 24,608 0.5 0.0 0.6 26,051 23,825 26,360 26,584 198,574 202,537 -2.0

Year to date

p

 Preliminary 

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

1

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

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

model parameters. Estimates are not adjusted for price changes. 

2

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

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

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

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

0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information on data sources and methodology can be found on our website at 

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

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

Seasonally Adjusted Not Seasonally Adjusted 

Monthly Percent Change Monthly

Industry % Change

Aug. July June July - June - May - Aug. July June Aug. 2023/

2023p 2023r 2023 Aug. July June 2023p 2023r 2023 2022 2023p 2022 2022

All manufacturing industries2........................ 586,086 579,414 592,112 1.2 -2.1 2.3 603,884 553,738 626,053 601,046 4,629,821 4,605,780 0.5

 Excluding transportation2...................... 488,341 481,416 477,014 1.4 0.9 0.3 505,818 469,994 500,938 509,619 3,862,426 3,920,691 -1.5

 Excluding defense2

.............................. 568,519 564,152 577,101 0.8 -2.2 3.0 589,559 542,886 608,257 585,878 4,503,478 4,494,354 0.2

 With unfilled orders2............................. 201,901 201,793 219,419 0.1 -8.0 6.3 201,913 186,837 236,087 197,115 1,612,916 1,549,409 4.1

 Durable goods industries2......................... 284,702 284,282 301,262 0.1 -5.6 4.3 290,536 261,612 324,238 282,058 2,261,573 2,171,418 4.2

 Primary metals........................................ 26,594 26,872 26,933 -1.0 -0.2 0.1 27,606 25,632 28,182 27,008 218,238 221,470 -1.5

 Iron and steel mills.............................. 14,708 14,817 14,906 -0.7 -0.6 -0.4 15,353 14,373 15,611 15,248 121,490 121,165 0.3

 Aluminum and nonferrous metals.......... 10,320 10,493 10,385 -1.6 1.0 1.1 10,611 9,773 10,793 10,058 83,194 87,122 -4.5

 Ferrous metal foundries....................... 1,566 1,562 1,642 0.3 -4.9 -1.2 1,642 1,486 1,778 1,702 13,554 13,183 2.8

 Fabricated metal products........................ 36,026 35,798 35,539 0.6 0.7 0.8 37,740 34,293 37,311 37,566 289,718 292,537 -1.0

 Machinery............................................. 37,795 37,584 37,298 0.6 0.8 -0.6 38,266 35,629 39,706 37,977 302,698 299,964 0.9

 Construction machinery........................ 4,119 4,125 4,278 -0.1 -3.6 -1.9 3,930 3,928 4,504 3,685 33,660 30,156 11.6

 Mining, oil field, and

 gas field machinery.......................... 1,711 1,679 1,502 1.9 11.8 -12.1 1,702 1,603 1,513 1,665 13,253 11,379 16.5

 Industrial machinery............................ 3,646 3,470 3,314 5.1 4.7 -9.0 3,442 3,336 3,697 3,559 28,796 30,887 -6.8

 Photographic equipment....................... 597 595 616 0.3 -3.4 -4.2 564 562 588 641 4,948 4,735 4.5

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,036 4,892 4,883 2.9 0.2 2.0 5,466 5,020 5,661 5,357 40,250 39,405 2.1

 Metalworking machinery....................... 2,594 2,682 2,573 -3.3 4.2 -0.5 2,609 2,563 2,565 2,748 21,247 22,131 -4.0

 Turbines, generators, and other 

 power transmission equipment........... 3,990 4,125 4,289 -3.3 -3.8 5.8 4,205 3,920 4,351 3,764 32,010 28,207 13.5

 Material handling equipment.................. 4,175 4,177 4,149 0.0 0.7 2.6 4,283 3,629 4,639 3,948 32,080 30,028 6.8

 Computers and electronic products2........... 24,396 24,316 24,458 0.3 -0.6 1.2 23,398 22,204 26,919 23,108 186,848 183,085 2.1

 Computers........................................ 876 867 834 1.0 4.0 3.2 940 866 1,003 802 6,499 5,829 11.5

 Nondefense communications

 equipment...................................... 2,765 2,757 2,753 0.3 0.1 4.0 2,360 2,266 3,391 2,546 20,623 21,771 -5.3

 Defense communications equipment....... 198 207 200 -4.3 3.5 -4.3 207 202 204 203 1,569 1,493 5.1

 Electronic components......................... 4,648 4,484 4,658 3.7 -3.7 -0.2 4,915 4,443 4,796 4,934 36,611 37,245 -1.7

 Nondefense search and navigation

 equipment...................................... 1,702 1,723 1,718 -1.2 0.3 -3.2 1,714 1,524 1,895 1,753 13,728 13,696 0.2

 Defense search and navigation

 equipment...................................... 3,197 3,315 3,518 -3.6 -5.8 5.0 2,759 2,821 3,957 2,729 25,615 23,487 9.1

 Electromedical, measuring,

 and control instruments..................... 9,077 8,940 8,918 1.5 0.2 0.6 8,673 8,248 9,620 8,611 68,557 68,101 0.7

 Electrical equipment, appliances, 

 and components................................... 14,325 14,178 14,222 1.0 -0.3 0.4 14,949 13,254 15,493 14,090 113,527 106,953 6.1

 Electric lighting equipment..................... 1,303 1,297 1,344 0.5 -3.5 -1.4 1,336 1,201 1,568 1,358 10,420 9,741 7.0

 Household appliances.......................... 2,670 2,577 2,385 3.6 8.1 0.1 2,759 2,205 2,530 2,488 18,850 17,875 5.5

 Electrical equipment............................ 4,519 4,520 4,555 0.0 -0.8 -2.3 4,748 4,404 5,094 4,326 37,786 35,378 6.8

 Transportation equipment........................ 97,745 97,998 115,098 -0.3 -14.9 11.9 98,066 83,744 125,115 91,427 767,395 685,089 12.0

 Motor vehicle bodies, parts, 

 and trailers..................................... 29,191 29,107 29,206 0.3 -0.3 1.1 31,363 25,327 29,959 30,816 233,819 224,741 4.0

 Nondefense aircraft and parts................ 17,136 20,370 37,499 -15.9 -45.7 71.1 14,788 20,995 41,930 10,436 146,851 110,520 32.9

 Defense aircraft and parts.................... 5,829 4,890 5,334 19.2 -8.3 2.0 5,378 3,425 6,278 5,918 41,594 36,799 13.0

 Ships and boats.................................. 4,090 3,438 2,564 19.0 34.1 -57.8 2,265 2,412 3,702 4,954 30,112 29,414 2.4

 Furniture and related products................... 6,625 6,480 6,660 2.2 -2.7 -0.6 6,755 6,380 6,818 7,039 54,359 54,293 0.1

 Nondurable goods industries..................... 301,384 295,132 290,850 2.1 1.5 0.4 313,348 292,126 301,815 318,988 2,368,248 2,434,362 -2.7

Year to date

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

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

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

2

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information on data sources and methodology can be found on our website at 

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry August

Aug. July June July - June - May - Aug. July June Aug. 2023/

2023p 2023r 2023 Aug. July June 2023p 2023r 2023 2022 2022

All manufacturing industries2...................... 1,335,868 1,330,875 1,324,777 0.4 0.5 1.8 1,330,546 1,333,278 1,326,739 1,249,047 6.5

 Excluding transportation2...................... 497,161 497,443 497,684 -0.1 0.0 -0.1 496,303 500,300 501,054 499,667 -0.7

 Excluding defense2

............................. 1,091,294 1,088,007 1,081,548 0.3 0.6 2.2 1,089,701 1,091,059 1,081,437 1,020,871 6.7

 Durable goods industries2........................ 1,335,868 1,330,875 1,324,777 0.4 0.5 1.8 1,330,546 1,333,278 1,326,739 1,249,047 6.5

 Primary metals........................................ 38,186 38,088 37,826 0.3 0.7 0.3 37,861 38,361 38,151 37,797 0.2

 Iron and steel mills............................... 23,077 22,900 22,701 0.8 0.9 0.3 23,178 23,233 22,992 22,562 2.7

 Aluminum and nonferrous metals............. 10,564 10,596 10,501 -0.3 0.9 0.2 10,155 10,526 10,555 10,739 -5.4

 Ferrous metal foundries........................ 4,545 4,592 4,624 -1.0 -0.7 0.4 4,528 4,602 4,604 4,496 0.7

 Fabricated metal products......................... 129,245 129,003 128,906 0.2 0.1 -0.1 130,572 131,059 131,071 132,020 -1.1

 Machinery.............................................. 138,566 139,059 139,416 -0.4 -0.3 -0.4 138,004 139,255 139,409 139,392 -1.0

 Construction machinery......................... 10,641 10,888 10,960 -2.3 -0.7 -0.4 10,281 10,739 10,835 12,157 -15.4

 Mining, oil field, and

 gas field machinery.......................... 4,939 4,961 5,047 -0.4 -1.7 -3.5 4,939 4,961 5,047 5,285 -6.5

 Industrial machinery............................. 11,954 11,918 12,146 0.3 -1.9 -2.9 11,905 12,028 12,195 11,813 0.8

 Photographic equipment........................ 3,994 4,028 4,078 -0.8 -1.2 -0.9 3,793 3,851 3,894 3,542 7.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 13,410 13,513 13,642 -0.8 -0.9 0.4 13,310 13,662 13,795 12,548 6.1

 Metalworking machinery........................ 9,482 9,620 9,614 -1.4 0.1 -0.8 9,517 9,710 9,523 10,433 -8.8

 Turbines, generators, and other 

 power transmission equipment............ 32,448 32,336 32,086 0.3 0.8 0.8 32,448 32,336 32,086 32,105 1.1

 Material handling equipment................... 19,338 19,431 19,416 -0.5 0.1 0.0 19,153 19,372 19,446 18,300 4.7

 Computers and electronic products2

............. 134,575 134,711 134,777 -0.1 0.0 0.2 133,542 134,731 135,202 133,221 0.2

 Computers......................................... 1,284 1,297 1,285 -1.0 0.9 0.9 1,284 1,297 1,285 1,317 -2.5

 Nondefense communications

 equipment...................................... 16,819 16,860 16,929 -0.2 -0.4 -0.4 16,607 16,736 16,946 17,444 -4.8

 Defense communications equipment........ 234 238 240 -1.7 -0.8 0.8 233 235 234 254 -8.3

 Electronic components.......................... 16,576 16,728 16,879 -0.9 -0.9 -0.3 16,398 16,670 16,730 17,563 -6.6

 Nondefense search and navigation

 equipment....................................... 31,360 31,263 31,161 0.3 0.3 0.3 31,395 31,319 31,222 29,982 4.7

 Defense search and navigation

 equipment....................................... 36,101 36,227 36,227 -0.3 0.0 0.6 35,810 36,339 36,628 35,238 1.6

 Electromedical, measuring,

 and control instruments...................... 32,201 32,098 32,056 0.3 0.1 0.0 31,815 32,135 32,157 31,423 1.2

 Electrical equipment, appliances, 

 and components.................................... 43,950 43,845 43,709 0.2 0.3 0.4 43,863 43,955 43,858 43,254 1.4

 Electric lighting equipment..................... 3,856 3,890 3,902 -0.9 -0.3 0.8 3,823 3,901 3,962 3,418 11.8

 Household appliances........................... 5,230 4,921 4,684 6.3 5.1 0.8 5,037 4,799 4,593 3,977 26.7

 Electrical equipment............................. 22,217 22,387 22,544 -0.8 -0.7 -0.2 22,424 22,595 22,556 23,514 -4.6

 Transportation equipment......................... 838,707 833,432 827,093 0.6 0.8 2.9 834,243 832,978 825,685 749,380 11.3

 Motor vehicle bodies, parts, 

 and trailers...................................... 35,170 35,148 35,213 0.1 -0.2 0.3 34,253 34,416 34,600 34,878 -1.8

 Nondefense aircraft and parts................ 582,663 579,187 571,956 0.6 1.3 4.3 582,636 580,283 569,464 508,211 14.6

 Defense aircraft and parts..................... 73,033 71,904 71,786 1.6 0.2 0.7 71,936 71,354 72,172 67,693 6.3

 Ships and boats.................................. 56,624 56,210 56,232 0.7 0.0 -2.0 55,480 56,825 57,465 54,346 2.1

 Furniture and related products................... 10,624 10,714 10,946 -0.8 -2.1 -1.9 10,446 10,916 11,259 11,705 -10.8

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

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

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

2

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

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

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

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

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

CBDRB-FY23-0265). 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information on data sources and methodology can be found on our website at 

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry August

Aug. July June July - June - May - Aug. July June Aug. 2023/

2023p 2023r 2023 Aug. July June 2023p 2023r 2023 2022 2022

 All manufacturing industries...................... 855,423 852,634 851,905 0.3 0.1 -0.2 856,566 856,380 851,895 857,089 -0.1

 Excluding transportation........................ 691,033 688,650 687,840 0.3 0.1 -0.2 690,100 691,103 688,534 692,075 -0.3

 Excluding defense............................. 825,890 823,235 822,463 0.3 0.1 -0.2 826,879 826,980 822,357 828,396 -0.2

 With unfilled orders............................. 423,202 422,303 422,620 0.2 -0.1 0.0 425,022 424,937 423,468 419,196 1.4

 Durable goods industries........................ 523,380 522,327 522,478 0.2 0.0 0.0 525,538 524,796 522,292 519,516 1.2

 Wood products........................................ 15,871 15,832 15,831 0.2 0.0 -1.2 15,610 15,518 15,575 16,453 -5.1

 Nonmetallic mineral products..................... 17,278 17,196 17,108 0.5 0.5 0.0 17,167 17,268 17,208 16,365 4.9

 Primary metals......................................... 46,532 46,475 46,588 0.1 -0.2 -0.5 46,263 46,661 46,945 47,865 -3.3

 Iron and steel mills............................... 27,383 27,317 27,344 0.2 -0.1 -0.3 27,091 27,470 27,651 28,038 -3.4

 Aluminum and nonferrous metals............ 16,004 16,030 16,091 -0.2 -0.4 -1.0 16,069 16,110 16,128 16,881 -4.8

 Ferrous metal foundries........................ 3,145 3,128 3,153 0.5 -0.8 -0.2 3,103 3,081 3,166 2,946 5.3

 Fabricated metal products......................... 64,841 64,785 64,966 0.1 -0.3 0.3 65,002 65,527 65,253 65,458 -0.7

 Machinery.............................................. 94,909 94,687 94,737 0.2 -0.1 0.2 94,653 94,256 94,807 89,200 6.1

 Farm machinery.................................. 5,699 5,766 5,765 -1.2 0.0 0.9 5,480 5,609 5,616 5,877 -6.8

 Construction machinery......................... 9,621 9,470 9,456 1.6 0.1 0.6 9,484 9,368 9,381 8,398 12.9

 Mining, oil field, 

 and gas field machinery.................... 5,853 5,798 5,868 0.9 -1.2 0.1 5,872 5,799 5,950 5,261 11.6

 Industrial machinery............................. 11,324 11,181 11,248 1.3 -0.6 -0.3 11,385 10,726 11,566 10,682 6.6

 Photographic equipment....................... 1,459 1,462 1,466 -0.2 -0.3 -0.5 1,491 1,470 1,435 1,449 2.9

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 9,637 9,688 9,709 -0.5 -0.2 1.5 9,438 9,633 9,736 8,317 13.5

 Metalworking machinery........................ 7,440 7,451 7,428 -0.1 0.3 0.7 7,487 7,562 7,419 7,288 2.7

 Turbines, generators, and other

 power transmission equipment............ 12,027 12,075 11,883 -0.4 1.6 0.4 12,003 12,308 11,892 11,036 8.8

 Material handling equipment.................. 7,982 7,927 8,003 0.7 -0.9 -2.1 8,077 7,912 7,992 7,404 9.1

 Computers and electronic products2

............ 55,156 54,965 54,857 0.3 0.2 -0.2 55,476 55,395 54,641 55,220 0.5

 Computers......................................... 1,880 1,883 1,924 -0.2 -2.1 -1.5 1,973 1,924 2,003 2,252 -12.4

 Computer storage devices.................... 609 618 630 -1.5 -1.9 1.1 642 639 618 713 -10.0

 Other peripheral equipment................... 1,052 1,066 1,059 -1.3 0.7 1.5 1,061 1,043 1,040 1,027 3.3

 Nondefense communications

 equipment...................................... 4,369 4,368 4,373 0.0 -0.1 -0.3 4,476 4,390 4,346 4,481 -0.1

 Defense communications equipment........ 640 645 634 -0.8 1.7 0.0 640 645 634 601 6.5

 Audio and video equipment.................... 747 780 780 -4.2 0.0 -4.9 720 749 788 857 -16.0

 Electronic components.......................... 10,729 10,646 10,526 0.8 1.1 -1.2 10,442 10,777 10,449 11,042 -5.4

 Nondefense search and navigation

 equipment...................................... 4,252 4,219 4,211 0.8 0.2 0.4 4,322 4,261 4,177 4,141 4.4

 Defense search and navigation

 equipment....................................... 3,340 3,337 3,348 0.1 -0.3 0.3 3,361 3,365 3,349 3,371 -0.3

 Electromedical, measuring 

 and control instruments...................... 19,004 18,971 19,004 0.2 -0.2 -0.2 19,373 19,206 18,934 18,811 3.0

 Electrical equipment, appliances, 

 and components.................................... 26,409 26,338 26,304 0.3 0.1 0.4 26,585 26,581 26,522 25,441 4.5

 Electric lighting equipment..................... 2,521 2,531 2,532 -0.4 0.0 0.0 2,524 2,524 2,527 2,538 -0.6

 Household appliances........................... 3,588 3,608 3,636 -0.6 -0.8 0.4 3,727 3,734 3,675 3,832 -2.7

 Electrical equipment............................. 9,941 9,872 9,840 0.7 0.3 1.9 9,943 9,936 9,883 9,017 10.3

 Batteries............................................ 1,908 1,900 1,894 0.4 0.3 0.2 1,959 1,967 2,009 1,859 5.4

 Transportation equipment......................... 164,390 163,984 164,065 0.2 0.0 0.0 166,466 165,277 163,361 165,014 0.9

 Automobiles....................................... 5,894 5,936 5,879 -0.7 1.0 0.4 6,157 6,032 5,706 5,864 5.0

 Light trucks and utility vehicles.............. 9,222 9,175 9,335 0.5 -1.7 -2.5 9,723 9,236 8,969 10,346 -6.0

 Heavy duty trucks ............................... 2,909 2,861 2,856 1.7 0.2 -0.6 2,927 2,888 2,903 2,885 1.5

 Motor vehicle bodies, parts, 

 and trailers...................................... 35,559 35,577 35,373 -0.1 0.6 0.5 35,595 36,172 35,158 35,064 1.5

 Nondefense aircraft and parts................ 77,621 77,433 77,607 0.2 -0.2 -0.1 78,544 77,803 77,658 78,870 -0.4

 Defense aircraft and parts..................... 14,074 14,109 14,184 -0.2 -0.5 0.1 14,124 14,136 14,169 13,915 1.5

 Ships and boats.................................. 4,695 4,671 4,661 0.5 0.2 1.6 4,790 4,613 4,737 4,746 0.9

 Furniture and related products.................... 10,187 10,226 10,243 -0.4 -0.2 -1.1 10,238 10,308 10,364 10,664 -4.0

 Miscellaneous durable goods..................... 27,807 27,839 27,779 -0.1 0.2 0.3 28,078 28,005 27,616 27,836 0.9

 Nondurable goods industries...................... 332,043 330,307 329,427 0.5 0.3 -0.4 331,028 331,584 329,603 337,573 -1.9

 Food products........................................ 70,962 70,999 71,423 -0.1 -0.6 -0.3 70,302 69,832 69,645 70,350 -0.1

 Grain and oilseed milling........................ 7,628 7,686 7,723 -0.8 -0.5 0.4 7,370 7,560 7,482 7,773 -5.2

 Dairy products.................................... 10,814 10,792 10,820 0.2 -0.3 -0.7 10,875 11,119 11,168 10,458 4.0

 Meat, poultry, and seafood products....... 13,173 13,190 13,191 -0.1 0.0 -0.1 13,387 13,190 12,931 13,769 -2.8

 Beverage and tobacco products................ 31,095 31,034 31,106 0.2 -0.2 0.3 30,391 30,380 30,697 30,263 0.4

 Beverages......................................... 27,451 27,382 27,416 0.3 -0.1 0.4 27,009 26,979 27,162 26,745 1.0

 Tobacco............................................ 3,644 3,652 3,690 -0.2 -1.0 -0.5 3,382 3,401 3,535 3,518 -3.9

 Textile mills............................................ 3,591 3,602 3,624 -0.3 -0.6 0.2 3,616 3,649 3,625 3,761 -3.9

 Textile products...................................... 3,638 3,668 3,698 -0.8 -0.8 -0.7 3,644 3,651 3,664 3,974 -8.3

 Apparel................................................. 2,182 2,189 2,190 -0.3 0.0 -0.2 2,266 2,278 2,265 2,360 -4.0

 Leather and allied products....................... 1,264 1,259 1,271 0.4 -0.9 -1.0 1,284 1,284 1,277 1,334 -3.7

 Paper products....................................... 17,891 17,959 18,125 -0.4 -0.9 -1.1 18,029 18,217 18,151 18,664 -3.4

 Pulp, paper, and paperboard mills........... 5,564 5,580 5,657 -0.3 -1.4 -1.1 5,576 5,630 5,669 5,616 -0.7

 Paperboard containers......................... 6,781 6,824 6,874 -0.6 -0.7 -1.4 6,846 6,932 6,850 7,031 -2.6

 Printing.................................................. 6,755 6,809 6,902 -0.8 -1.3 -1.0 6,828 6,736 6,813 7,280 -6.2

 Petroleum and coal products..................... 48,455 46,241 44,207 4.8 4.6 -0.4 48,415 48,251 46,551 49,966 -3.1

 Petroleum refineries............................. 41,753 39,445 37,373 5.9 5.5 -0.3 41,760 41,368 39,659 43,429 -3.8

 Chemical products..................................... 112,573 112,698 112,804 -0.1 -0.1 -0.3 112,608 113,423 112,979 114,349 -1.5

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 6,158 6,143 6,157 0.2 -0.2 1.1 5,969 5,920 5,920 5,946 0.4

 Pharmaceuticals and medicines.............. 47,697 47,759 47,558 -0.1 0.4 0.3 47,368 48,059 48,225 46,240 2.4

 Paints, coatings, and adhesives.............. 5,685 5,716 5,797 -0.5 -1.4 -1.1 5,615 5,736 5,827 5,857 -4.1

 Plastics and rubber products..................... 33,637 33,849 34,077 -0.6 -0.7 -0.8 33,645 33,883 33,936 35,272 -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 noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. 

Estimates are not adjusted for price changes. 

2

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information on data sources and methodology can be found on our website at 

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

 Topical Series1, 2

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly Year to date

Industry % Change6

Aug. July June July - June - May - Aug. July June Aug. 2023/

2023p 2023r 2023 Aug. July June 2023p 2023r 2023 2022 2023p 2022 2022

SHIPMENTS

 All manufacturing industries......................... 585,981 578,270 574,298 1.3 0.7 0.2 611,630 552,030 609,697 607,864 4,608,541 4,585,256 0.5

 Construction materials and supplies....... 62,694 62,435 62,390 0.4 0.1 0.2 68,738 62,801 68,672 68,530 503,005 503,354 -0.1

 Information technology......................... 24,803 24,719 24,645 0.3 0.3 -0.2 24,697 23,081 27,255 24,306 190,916 186,105 2.6

 Computers and related products........... 2,052 1,976 2,011 3.8 -1.7 -2.0 2,047 1,885 2,463 1,805 15,451 12,970 19.1

 Motor vehicle and parts......................... 63,233 63,147 62,538 0.1 1.0 -0.4 68,868 52,870 66,166 64,959 495,287 461,496 7.3

 Capital goods...................................... 96,982 95,688 96,854 1.4 -1.2 0.4 96,506 87,035 108,742 91,382 748,955 697,837 7.3

 Nondefense capital goods3.................. 83,358 82,330 83,296 1.2 -1.2 0.0 83,149 75,142 94,622 79,015 646,041 602,702 7.2

 Excluding aircraft............................. 74,375 73,835 74,034 0.7 -0.3 0.0 75,447 69,108 81,134 73,509 586,281 563,359 4.1

 Defense capital goods4........................ 13,624 13,358 13,558 2.0 -1.5 2.6 13,357 11,893 14,120 12,367 102,914 95,135 8.2

 Consumer goods.................................. 252,233 246,277 241,450 2.4 2.0 0.2 263,474 238,277 249,492 264,600 1,956,692 1,990,837 -1.7

 Consumer durable goods..................... 46,552 46,573 45,989 0.0 1.3 -1.1 50,210 38,814 48,727 47,300 359,724 338,231 6.4

 Consumer nondurable goods................ 205,681 199,704 195,461 3.0 2.2 0.5 213,264 199,463 200,765 217,300 1,596,968 1,652,606 -3.4

 All manufacturing industries5...................... 586,086 579,414 592,112 1.2 -2.1 2.3 603,884 553,738 626,053 601,046 4,629,821 4,605,780 0.5

 Construction materials and supplies....... 62,669 62,187 62,265 0.8 -0.1 0.3 67,753 62,178 68,178 67,980 505,819 509,254 -0.7

 Information technology......................... 24,785 24,822 25,037 -0.1 -0.9 1.8 23,641 22,540 27,660 23,647 191,322 187,109 2.3

 Computers and related products........... 2,039 1,988 2,022 2.6 -1.7 0.2 2,034 1,897 2,474 1,796 15,452 12,960 19.2

 Motor vehicle and parts......................... 63,255 63,082 62,650 0.3 0.7 -0.2 68,705 52,686 65,520 64,726 494,599 460,469 7.4

 Capital goods...................................... 100,875 101,101 118,425 -0.2 -14.6 10.9 95,722 93,569 130,324 93,378 804,381 748,366 7.5

 Nondefense capital goods3.................. 86,116 88,653 106,376 -2.9 -16.7 16.8 83,653 85,024 116,179 79,870 697,508 655,896 6.3

 Excluding aircraft............................. 73,946 73,267 73,559 0.9 -0.4 -0.4 73,623 68,342 79,168 73,170 586,107 574,258 2.1

 Defense capital goods4........................ 14,759 12,448 12,049 18.6 3.3 -23.2 12,069 8,545 14,145 13,508 106,873 92,470 15.6

 Consumer goods.................................. 252,515 246,355 241,403 2.5 2.1 0.2 263,564 238,448 249,231 264,466 1,956,873 1,990,071 -1.7

 Consumer durable goods..................... 46,834 46,651 45,942 0.4 1.5 -1.2 50,300 38,985 48,466 47,166 359,905 337,465 6.6

 Consumer nondurable goods.............. 205,681 199,704 195,461 3.0 2.2 0.5 213,264 199,463 200,765 217,300 1,596,968 1,652,606 -3.4

 All manufacturing industries5...................... 1,335,868 1,330,875 1,324,777 0.4 0.5 1.8 1,330,546 1,333,278 1,326,739 1,249,047 (X) (X) 6.5

 Construction materials and supplies....... 99,689 99,714 99,962 0.0 -0.2 -0.1 100,561 101,546 102,169 101,152 (X) (X) -0.6

 Information technology......................... 134,640 134,658 134,555 0.0 0.1 0.3 133,516 134,572 135,113 131,545 (X) (X) 1.5

 Computers and related products........... 1,284 1,297 1,285 -1.0 0.9 0.9 1,284 1,297 1,285 1,317 (X) (X) -2.5

 Motor vehicle and parts......................... 35,170 35,148 35,213 0.1 -0.2 0.3 34,253 34,416 34,600 34,878 (X) (X) -1.8

 Capital goods...................................... 992,625 988,732 983,319 0.4 0.6 2.2 989,312 990,096 983,562 909,558 (X) (X) 8.8

 Nondefense capital goods3.................. 780,588 777,830 771,507 0.4 0.8 3.1 780,111 779,607 769,725 708,899 (X) (X) 10.0

 Excluding aircraft............................. 271,480 271,909 272,477 -0.2 -0.2 -0.2 270,506 272,330 273,096 273,577 (X) (X) -1.1

 Defense capital goods4........................ 212,037 210,902 211,812 0.5 -0.4 -0.7 209,201 210,489 213,837 200,659 (X) (X) 4.3

 Consumer goods.................................. 12,329 12,047 11,969 2.3 0.7 -0.4 12,059 11,969 11,798 11,629 (X) (X) 3.7

 Consumer durable goods..................... 12,329 12,047 11,969 2.3 0.7 -0.4 12,059 11,969 11,798 11,629 (X) (X) 3.7 

 All manufacturing industries....................... 855,423 852,634 851,905 0.3 0.1 -0.2 856,566 856,380 851,895 857,089 (X) (X) -0.1

 Construction materials and supplies....... 92,920 92,809 92,961 0.1 -0.2 -0.1 92,311 92,903 93,015 92,036 (X) (X) 0.3

 Information technology......................... 45,967 45,940 45,995 0.1 -0.1 -0.4 46,650 46,267 45,897 46,057 (X) (X) 1.3

 Computers and related products........... 3,541 3,567 3,613 -0.7 -1.3 -0.2 3,676 3,606 3,661 3,992 (X) (X) -7.9

 Motor vehicle and parts......................... 53,584 53,549 53,443 0.1 0.2 -0.1 54,402 54,328 52,736 54,159 (X) (X) 0.4

 Capital goods...................................... 250,403 249,482 249,598 0.4 0.0 -0.1 252,351 250,233 250,276 245,376 (X) (X) 2.8

 Nondefense capital goods3.................. 226,078 225,296 225,378 0.3 0.0 -0.1 227,922 226,073 225,945 221,773 (X) (X) 2.8

 Excluding aircraft............................. 162,495 161,958 161,880 0.3 0.0 0.1 163,321 162,294 162,130 156,513 (X) (X) 4.3

 Defense capital goods4........................ 24,325 24,186 24,220 0.6 -0.1 0.1 24,429 24,160 24,331 23,603 (X) (X) 3.5

 Consumer goods.................................. 255,003 253,067 251,661 0.8 0.6 -0.3 254,617 254,021 251,787 257,486 (X) (X) -1.1

 Consumer durable goods..................... 41,907 42,086 42,242 -0.4 -0.4 -0.9 43,005 42,348 41,548 44,482 (X) (X) -3.3

 Consumer nondurable goods................ 213,096 210,981 209,419 1.0 0.7 -0.1 211,612 211,673 210,239 213,004 (X) (X) -0.7

NEW ORDERS 

UNFILLED ORDERS 

TOTAL INVENTORIES 

X

 Not Applicable 

p

 Preliminary 

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

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates 

are not adjusted for price changes. 

2 Topical series are regroupings of the separate industry categories. 

3

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

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

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

boats; office and institutional furniture; and medical equipment and supplies. 

4

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

5 Estimates and percent changes exclude semiconductor industry data. 

6

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information on data sources and methodology can be found on our website at 

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

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

Seasonally Adjusted Not Seasonally Adjusted

Monthly Percent Change Monthly % Change

Industry August

Aug. July June July - June - May - Aug. July June Aug. 2023/

2023p 2023r 2023 Aug. July June 2023p 2023r 2023 2022 2022

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 315,152 315,174 314,857 0.0 0.1 0.0 314,965 316,992 315,316 316,743 -0.6

 Durable goods industries.......................... 197,220 197,620 197,469 -0.2 0.1 0.2 197,741 199,185 197,432 195,186 1.3

 Wood products................................... 7,556 7,593 7,632 -0.5 -0.5 -1.1 7,515 7,472 7,450 7,845 -4.2

 Nonmetallic mineral products................. 7,728 7,715 7,707 0.2 0.1 -0.6 7,712 7,732 7,728 7,426 3.9

 Primary metals.................................... 18,701 18,798 19,080 -0.5 -1.5 0.6 18,625 18,908 19,388 19,579 -4.9

 Fabricated metal products.......................... 24,344 24,370 24,521 -0.1 -0.6 0.1 24,481 24,642 24,604 25,977 -5.8

 Machinery.......................................... 40,956 40,806 40,392 0.4 1.0 -0.1 40,842 40,970 40,381 38,494 6.1

 Computers and electronic products........ 26,740 26,690 26,627 0.2 0.2 0.3 27,042 26,960 26,728 26,034 3.9

 Electrical equipment, appliances,

 and components............................... 12,752 12,673 12,662 0.6 0.1 0.1 12,839 12,835 12,779 12,134 5.8

 Transportation equipment..................... 43,463 43,937 43,794 -1.1 0.3 0.6 43,602 44,509 43,314 42,647 2.2

 Furniture and related products............... 5,240 5,245 5,264 -0.1 -0.4 -0.9 5,246 5,268 5,361 5,379 -2.5

 Miscellaneous products......................... 9,740 9,793 9,790 -0.5 0.0 0.3 9,837 9,889 9,699 9,671 1.7

 Nondurable goods industries...................... 117,932 117,554 117,388 0.3 0.1 -0.2 117,224 117,807 117,884 121,557 -3.6

 Food products.................................... 26,029 25,984 26,085 0.2 -0.4 -0.3 25,570 25,777 25,874 25,751 -0.7

 Beverage and tobacco products........................ 6,496 6,429 6,493 1.0 -1.0 1.6 6,157 6,112 6,313 5,814 5.9

 Textiles.............................................. 1,464 1,458 1,462 0.4 -0.3 0.4 1,476 1,476 1,472 1,488 -0.8

 Textile products................................... 1,698 1,709 1,696 -0.6 0.8 -1.5 1,703 1,707 1,684 1,772 -3.9

 Apparel............................................. 565 565 566 0.0 -0.2 -0.4 578 582 580 676 -14.5

 Leather and allied products.................... 386 384 380 0.5 1.1 -2.1 392 396 381 417 -6.0

 Paper products.................................... 9,280 9,374 9,544 -1.0 -1.8 -1.3 9,383 9,493 9,502 9,918 -5.4

 Printing ............................................. 3,490 3,506 3,575 -0.5 -1.9 0.3 3,514 3,480 3,534 3,752 -6.3

 Petroleum and coal products................. 14,007 13,339 12,780 5.0 4.4 -0.5 13,906 13,855 14,053 15,989 -13.0

 Chemical products................................ 39,889 39,825 39,738 0.2 0.2 0.5 39,758 39,897 39,552 40,100 -0.9

 Plastics and rubber products.................. 14,628 14,981 15,069 -2.4 -0.6 -1.7 14,787 15,032 14,939 15,880 -6.9

WORK IN PROCESS

 All manufacturing industries....................... 242,290 239,981 239,082 1.0 0.4 -0.2 242,796 241,276 239,752 241,349 0.6

 Durable goods industries.......................... 177,401 176,706 176,778 0.4 0.0 -0.4 178,794 177,378 177,346 179,911 -0.6

 Wood products................................... 1,805 1,811 1,811 -0.3 0.0 -0.4 1,794 1,793 1,793 2,100 -14.6

 Nonmetallic mineral products................. 1,783 1,742 1,704 2.4 2.2 1.5 1,765 1,746 1,725 1,585 11.4

 Primary metals.................................... 12,307 12,334 12,264 -0.2 0.6 -3.5 12,480 12,394 12,379 13,366 -6.6

 Fabricated metal products.......................... 17,141 17,006 16,960 0.8 0.3 0.3 17,182 17,151 16,972 16,361 5.0

 Machinery.......................................... 23,996 24,110 24,339 -0.5 -0.9 -0.8 24,229 23,897 24,617 23,791 1.8

 Computers and electronic products........ 13,915 13,801 13,553 0.8 1.8 0.1 13,682 13,757 13,396 14,313 -4.4

 Electrical equipment, appliances,

 and components............................... 4,661 4,642 4,619 0.4 0.5 0.8 4,698 4,706 4,682 4,589 2.4

 Transportation equipment..................... 95,559 95,015 95,262 0.6 -0.3 -0.2 96,649 95,651 95,504 97,578 -1.0

 Furniture and related products............... 1,441 1,488 1,502 -3.2 -0.9 1.6 1,438 1,477 1,496 1,476 -2.6

 Miscellaneous products......................... 4,793 4,757 4,764 0.8 -0.1 0.1 4,877 4,806 4,782 4,752 2.6

 Nondurable goods industries...................... 64,889 63,275 62,304 2.6 1.6 0.3 64,002 63,898 62,406 61,438 4.2

 Food products.................................... 7,569 7,601 7,680 -0.4 -1.0 0.1 6,986 7,106 7,198 7,308 -4.4

 Beverage and tobacco products........................ 11,332 11,284 11,194 0.4 0.8 1.1 10,928 10,926 10,867 10,451 4.6

 Textiles.............................................. 572 575 578 -0.5 -0.5 0.2 577 584 575 633 -8.8

 Textile products................................... 455 455 472 0.0 -3.6 0.2 458 452 463 505 -9.3

 Apparel............................................. 295 296 288 -0.3 2.8 2.1 306 307 299 287 6.6

 Leather and allied products.................... 135 138 140 -2.2 -1.4 3.7 137 142 140 134 2.2

 Paper products.................................... 1,763 1,778 1,606 -0.8 10.7 -0.3 1,797 1,823 1,619 1,664 8.0

 Printing ............................................. 1,149 1,166 1,171 -1.5 -0.4 -2.6 1,186 1,152 1,122 1,360 -12.8

 Petroleum and coal products................. 17,858 16,481 15,718 8.4 4.9 0.3 17,843 17,255 16,403 15,696 13.7

 Chemical products................................ 19,679 19,630 19,615 0.2 0.1 0.7 19,707 20,300 19,925 19,330 2.0

 Plastics and rubber products.................. 4,082 3,871 3,842 5.5 0.8 -2.2 4,077 3,851 3,795 4,070 0.2

FINISHED GOODS

 All manufacturing industries....................... 297,981 297,479 297,966 0.2 -0.2 -0.3 298,805 298,112 296,827 298,997 -0.1

 Durable goods industries.......................... 148,759 148,001 148,231 0.5 -0.2 0.2 149,003 148,233 147,514 144,419 3.2

 Wood products................................... 6,510 6,428 6,388 1.3 0.6 -1.5 6,301 6,253 6,332 6,508 -3.2

 Nonmetallic mineral products................. 7,767 7,739 7,697 0.4 0.5 0.3 7,690 7,790 7,755 7,354 4.6

 Primary metals.................................... 15,524 15,343 15,244 1.2 0.6 0.6 15,158 15,359 15,178 14,920 1.6

 Fabricated metal products.......................... 23,356 23,409 23,485 -0.2 -0.3 0.4 23,339 23,734 23,677 23,120 0.9

 Machinery.......................................... 29,957 29,771 30,006 0.6 -0.8 1.4 29,582 29,389 29,809 26,915 9.9

 Computers and electronic products........ 14,501 14,474 14,677 0.2 -1.4 -1.4 14,752 14,678 14,517 14,873 -0.8

 Electrical equipment, appliances,

 and components............................... 8,996 9,023 9,023 -0.3 0.0 0.7 9,048 9,040 9,061 8,718 3.8

 Transportation equipment..................... 25,368 25,032 25,009 1.3 0.1 -0.4 26,215 25,117 24,543 24,789 5.8

 Furniture and related products............... 3,506 3,493 3,477 0.4 0.5 -2.5 3,554 3,563 3,507 3,809 -6.7

 Miscellaneous products......................... 13,274 13,289 13,225 -0.1 0.5 0.4 13,364 13,310 13,135 13,413 -0.4

 Nondurable goods industries...................... 149,222 149,478 149,735 -0.2 -0.2 -0.8 149,802 149,879 149,313 154,578 -3.1

 Food products.................................... 37,364 37,414 37,658 -0.1 -0.6 -0.4 37,746 36,949 36,573 37,291 1.2

 Beverage and tobacco products........................ 13,267 13,321 13,419 -0.4 -0.7 -1.0 13,306 13,342 13,517 13,998 -4.9

 Textiles.............................................. 1,555 1,569 1,584 -0.9 -0.9 0.1 1,563 1,589 1,578 1,640 -4.7

 Textile products................................... 1,485 1,504 1,530 -1.3 -1.7 0.0 1,483 1,492 1,517 1,697 -12.6

 Apparel............................................. 1,322 1,328 1,336 -0.5 -0.6 -0.6 1,382 1,389 1,386 1,397 -1.1

 Leather and allied products.................... 743 737 751 0.8 -1.9 -1.3 755 746 756 783 -3.6

 Paper products.................................... 6,848 6,807 6,975 0.6 -2.4 -1.0 6,849 6,901 7,030 7,082 -3.3

 Printing ............................................. 2,116 2,137 2,156 -1.0 -0.9 -2.2 2,128 2,104 2,157 2,168 -1.8

 Petroleum and coal products................. 16,590 16,421 15,709 1.0 4.5 -1.1 16,666 17,141 16,095 18,281 -8.8

 Chemical products................................ 53,005 53,243 53,451 -0.4 -0.4 -1.2 53,143 53,226 53,502 54,919 -3.2

 Plastics and rubber products.................. 14,927 14,997 15,166 -0.5 -1.1 0.5 14,781 15,000 15,202 15,322 -3.5

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

are not adjusted for price changes. 

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information on data sources and methodology can be found on our website at 

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

 to Shipments, by Industry Group 1

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

Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Aug Jul Jun May Aug Jul Jun May

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

All manufacturing industries3

.................................... 1.46 1.47 1.48 1.49 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.84 1.84 1.84 1.84 6.78 6.80 6.74 6.64

 Wood products........................................................... 1.18 1.19 1.19 1.20 (X) (X) (X) (X)

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

 Primary metals............................................................ 1.76 1.75 1.74 1.74 1.44 1.43 1.41 1.40

 Fabricated metal products...................................... 1.81 1.81 1.82 1.83 3.70 3.70 3.70 3.75

 Machinery..................................................................... 2.48 2.50 2.51 2.51 3.99 4.04 4.06 4.08

 Computers and electronic products3

................... 1.87 1.87 1.88 1.88 5.95 6.02 6.02 6.02

 Electrical equipment, appliances,

 and components.................................................... 1.86 1.88 1.87 1.86 3.43 3.47 3.44 3.41

 Transportation equipment..................................... 1.78 1.79 1.78 1.78 14.36 14.45 14.14 13.82

 Furniture and related products............................ 1.52 1.52 1.49 1.51 1.81 1.80 1.84 1.89

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

Nondurable goods industries................................... 1.10 1.12 1.13 1.14 (X) (X) (X) (X)

 Food products............................................................. 0.89 0.89 0.90 0.90 (X) (X) (X) (X)

 Beverage and tobacco products........................... 1.74 1.74 1.75 1.78 (X) (X) (X) (X)

 Textiles.......................................................................... 1.73 1.72 1.73 1.72 (X) (X) (X) (X)

 Textile products......................................................... 1.83 1.86 1.86 1.87 (X) (X) (X) (X)

 Apparel........................................................................ 2.57 2.56 2.66 2.52 (X) (X) (X) (X)

 Leather and allied products................................ 2.67 2.64 2.66 2.69 (X) (X) (X) (X)

 Paper products.......................................................... 1.04 1.04 1.04 1.05 (X) (X) (X) (X)

 Printing........................................................................ 0.93 0.93 0.94 0.97 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.68 0.70 0.72 0.72 (X) (X) (X) (X)

 Chemical products................................................... 1.45 1.45 1.46 1.47 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.36 1.38 1.38 1.40 (X) (X) (X) (X)

Aug3 Aug3 Aug3 Aug3

Industry 2022- 2022- 2022- 2022-

Aug2 Jul Aug2 Jul Aug2 Jul Aug2 Jul

2023 2023 2023 2023 2023 2023 2023 2023

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

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

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

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

 Primary metals............................................. -0.4 0.2 -0.4 0.3 0.0 0.1 -0.2 0.2

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

 Machinery...................................................... 0.1 0.3 0.1 0.5 -0.1 0.1 0.0 0.1

 Computers and electronic products..... 0.0 0.2 0.0 0.4 0.0 0.1 -0.1 0.1

 Electrical equipment, appliances,

 and components..................................... 0.3 0.3 -0.1 0.7 -0.2 0.2 0.0 0.2

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

 Furniture and related products............. (X) 0.3 (X) 0.8 (X) 0.4 (X) 0.4

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

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

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

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

 Textiles.......................................................... (X) 0.5 (X) (NA) (X) (NA) (X) 0.3

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

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

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

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

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

 Petroleum and coal products............... (X) 1.4 (X) (NA) (X) (NA) (X) 0.4

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

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

X Not Applicable 

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

2

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

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

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

and miscellaneous furniture. 

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing. 

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

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

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information on data 

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

X Not Applicable 

NA Not Available 

1

 Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the 

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

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

variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes. 

2

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

3

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

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

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

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

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

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, August Full Report, October 4, 2023. Information 

on data sources and methodology can be found on our website at 

<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.

Table 8. Revisions to Previously Published Monthly Percent Changes 1

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

Shipments New Orders Unfilled Orders Inventories