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FOR RELEASE AT 10:00 AM EST, WEDNESDAY, JANUARY 6, 2021

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS 

NOVEMBER 2020

Release Number: CB 21-03 M3-2 (20)-11

Statement Regarding COVID-19 Impact: The Census Bureau continues to monitor response and data quality 

and has determined that estimates in this release meet publication standards. For more information, see < M3 

COVID-19 FAQs>.

January 6, 2021 — The U.S. Census Bureau announces the November full report on manufacturers’ 

shipments, inventories and orders:

MANUFACTURED GOODS – NEW ORDERS

NOVEMBER 2020 $487.2 billion +1.0%°

OCTOBER 2020

(revised) $482.2 billion +1.3%°

Next release: February 4, 2021

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, January 6, 2021.

Summary

New orders for manufactured goods in November, up seven consecutive months, increased $5.0 billion or 

1.0 percent to $487.2 billion, the U.S. Census Bureau reported today. This followed a 1.3 percent October

increase. Shipments, also up seven consecutive months, increased $3.4 billion or 0.7 percent to $492.9

billion. This followed a 1.2 percent October increase. Unfilled orders, down eight of the last nine months,

decreased $0.6 billion or 0.1 percent to $1,073.2 billion. This followed a 0.2 percent October decrease. 

The unfilled orders-to-shipments ratio was 6.40, up from 6.38 in October. Inventories, up three of the last 

four months, increased $5.1 billion or 0.7 percent to $692.9 billion. This followed a 0.3 percent October

increase. The inventories-to-shipments ratio was 1.41, unchanged from October.

Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20

%Change 1.7% -0.4% 0.2% -11.0% -13.5% 7.7% 6.4% 6.5% 0.6% 1.3% 1.3% 1.0%

-14.0%

-13.0%

-12.0%

-11.0%

-10.0%

-9.0%

-8.0%

-7.0%

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

MANUFACTURERS' NEW ORDERS 2019-2020

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, January 6, 2021.
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New Orders

New orders for manufactured durable goods in November, up seven consecutive months, increased $2.3

billion or 1.0 percent to $244.4 billion, up from the previously published 0.9 percent increase. This 

followed a 1.8 percent October increase. Transportation equipment, up six of the last seven months, led

the increase, $1.6 billion or 2.1 percent to $79.0 billion. New orders for manufactured nondurable goods 

increased $2.7 billion or 1.1 percent to $242.8 billion.

Shipments

Shipments of manufactured durable goods in November, up six of the last seven months, increased $0.8

billion or 0.3 percent to $250.1 billion, unchanged from the previously published increase. This followed a

1.5 percent October increase. Miscellaneous products, up nine of the last ten months, led the increase, 

$0.4 billion or 2.5 percent to $15.5 billion. Shipments of manufactured nondurable goods, up seven

consecutive months, increased $2.7 billion or 1.1 percent to $242.8 billion. This followed a 0.8 percent 

October increase. Petroleum and coal products, up six of the last seven months, led the increase, $1.8

billion or 4.4 percent to $41.6 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in November, down eight of the last nine months,

decreased $0.6 billion or 0.1 percent to $1,073.2 billion, unchanged from the previously published

decrease. This followed a 0.2 percent October decrease. Transportation equipment, down nine

consecutive months, drove the decrease, $3.4 billion or 0.5 percent to $713.4 billion.

Inventories

Inventories of manufactured durable goods in November, up three consecutive months, increased $3.8

billion or 0.9 percent to $426.5 billion, unchanged from the previously published increase. This followed a 

0.3 percent October increase. Transportation equipment, up twenty-six of the last twenty-seven months, 

led the increase, $2.5 billion or 1.7 percent to $150.8 billion. Inventories of manufactured nondurable 

goods, up three of the last four months, increased $1.3 billion or 0.5 percent to $266.5 billion. This 

followed a 0.2 percent October increase. Petroleum and coal products, up following two consecutive 

monthly decreases, led the increase, $0.9 billion or 2.9 percent to $31.3 billion. By stage of fabrication, 

November materials and supplies increased 0.5 percent in durable goods and 0.3 percent in nondurable 

goods. Work in process increased 1.0 percent in durable goods and 1.1 percent in nondurable goods. 

Finished goods increased 1.3 percent in durable goods and 0.3 percent in nondurable goods.
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The Advance Report on durable goods for December is scheduled for release on January 27, 2021 at 8:30

a.m. EST and the Full Report on February 4, 2021 at 10:00 a.m. EST. 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>.

EXPLANATORY NOTES

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

exclude data for semiconductor manufacturing. 

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

decrease. 

Description of the survey 

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

Inventories, and Orders (M3) survey, which is a voluntary survey authorized by Title 13 of the United 

States Code. This survey provides statistics on a calendar-month basis for manufacturers' value of 

shipments, new orders (net of cancellations), end-of-month order backlog (unfilled orders), end-ofmonth total inventory (at current cost or market value), and inventories by stage of fabrication 

(materials and supplies, work-in-process, and finished goods). Data published from the M3 survey are 

based on a panel of approximately 5,000 reporting units that represent approximately 3,100 

companies and provide an indication of month-to-month change for the Manufacturing Sector. These 

reporting units may be divisions of diversified large companies, large homogenous companies, or 

single-unit manufacturers in 92 industry categories, which are combined into 65 publication levels due 

to the small monthly panel size. The survey methodology assumes that the month-to-month changes 

of the total operations of the reporting units in the M3 panel effectively represent the month-tomonth 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 
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errors that are normally provided with sample surveys cannot be measured. Nonsampling errors are 

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

change for establishments is one source of nonsampling error. The use of primarily large companies to 

represent the month-to-month movement of all companies is another potential source. Any 

corrections will be published in the full report. Corrections received after the full report will be 

released in the next month’s advance report. Any 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>.

2021 Release Dates for the M3 Survey

Survey month Advance Report 

(8:30 a.m. release time)

Full Report 

(10:00 a.m. release time)

Nov-20 Thu 12/23/2020* Wed 1/6/2021

Dec-20 Wed 1/27/2021 Thu 2/4/2021

Jan-21 Thu 2/25/2021 Thu 3/4/2021

Feb-21 Wed 3/24/2021 Mon 4/5/2021

Mar-21 Mon 4/26/2021 Tue 5/4/2021

Apr-21 Thu 5/27/2021 Fri 6/4/2021

May-21 Thu 6/24/2021 Fri 7/2/2021

Jun-21 Tue 7/27/2021 Tue 8/3/2021

Jul-21 Wed 8/25/2021 Thu 9/2/2021

Aug-21 Mon 9/27/2021 Mon 10/4/2021

Sep-21 Wed 10/27/2021 Wed 11/3/2021

Oct-21 Wed 11/24/2021 Fri 12/3/2021

Nov-21 Thu 12/23/2021 Not available at this time

*Due to the executive order issued by President Trump closing the Federal Government on December 24, 2020, the U.S. 

Census Bureau released the Monthly Advance Report on Durable Goods Manufacturers' Shipments, Inventories and 

Orders on Wednesday, December 23, 2020 at 8:30 a.m. EST. Data were disseminated using standard economic indicators 

release procedures. The original release date was scheduled for Thursday, December 24 at 8:30 a.m. EST.

https://www.whitehouse.gov/wp-content/uploads/2020/09/pfei_schedule_release_dates_2021.pdf 
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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

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2020/

2020p 2020r 2020 Nov. Oct. Sep. 2020p 2020r 2020 2019 2020p 2019 2019

 All manufacturing industries.................. 492,931 489,486 483,743 0.7 1.2 0.5 477,262 502,055 502,538 483,631 5,179,794 5,525,392 -6.3

 Excluding transportation................... 410,531 407,392 401,910 0.8 1.4 0.6 397,556 416,396 415,935 402,420 4,369,962 4,576,009 -4.5

 Excluding defense.............................. 477,796 475,022 469,952 0.6 1.1 0.6 461,500 487,627 487,348 469,005 5,025,877 5,372,702 -6.5

 With unfilled orders............................ 167,791 168,427 163,756 -0.4 2.9 0.2 160,648 170,835 172,655 163,258 1,783,186 1,901,520 -6.2

 Durable goods industries......................... 250,130 249,356 245,600 0.3 1.5 0.5 240,340 256,990 259,427 235,741 2,578,412 2,740,674 -5.9

 Wood products....................................... 10,310 10,210 10,048 1.0 1.6 3.2 9,527 10,752 10,432 8,465 104,338 99,810 4.5

 Nonmetallic mineral products.................... 12,005 11,918 11,784 0.7 1.1 0.4 11,436 13,028 12,635 10,779 129,492 127,008 2.0

 Primary metals....................................... 19,152 18,840 18,360 1.7 2.6 0.1 17,768 18,960 18,560 17,729 203,941 221,231 -7.8

 Iron and steel mills............................ 9,834 9,631 9,347 2.1 3.0 1.7 9,077 9,702 9,310 9,008 103,993 115,923 -10.3

 Aluminum and nonferrous metals.......... 8,131 8,007 7,893 1.5 1.4 -0.3 7,643 8,075 8,067 7,465 86,353 88,748 -2.7

 Ferrous metal foundries....................... 1,187 1,202 1,120 -1.2 7.3 -9.9 1,048 1,183 1,183 1,256 13,595 16,560 -17.9

 Fabricated metal products....................... 30,987 30,898 30,136 0.3 2.5 0.3 29,377 31,976 31,490 30,173 333,258 351,170 -5.1

 Machinery............................................. 31,651 31,514 31,034 0.4 1.5 -0.4 29,156 31,885 31,765 29,162 336,077 352,599 -4.7

 Farm machinery................................. 2,209 2,210 2,126 0.0 4.0 -1.3 1,718 2,195 1,966 1,535 21,028 21,932 -4.1

 Construction machinery..................... 2,756 2,666 2,555 3.4 4.3 -0.4 2,565 2,877 2,496 2,570 28,726 33,573 -14.4

 Mining, oil field, and 

 gas field machinery.......................... 1,097 1,099 1,061 -0.2 3.6 -0.7 1,084 1,103 1,121 1,398 12,988 15,946 -18.6

 Industrial machinery.......................... 3,199 3,161 3,139 1.2 0.7 -1.8 2,921 3,161 3,555 2,932 34,378 32,480 5.8

 Photographic equipment...................... 564 560 577 0.7 -2.9 -1.0 532 552 672 535 6,081 5,881 3.4

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............ 3,951 4,031 3,974 -2.0 1.4 -2.0 3,440 3,876 4,140 3,343 42,046 42,731 -1.6

 Metalworking machinery..................... 2,525 2,508 2,483 0.7 1.0 0.7 2,454 2,665 2,643 2,480 26,808 29,177 -8.1

 Turbines, generators, and other

 power transmission equipment....... 3,927 3,860 3,804 1.7 1.5 -0.4 3,873 3,994 3,777 3,937 41,999 45,282 -7.3

 Material handling equipment............... 2,758 2,748 2,721 0.4 1.0 1.9 2,575 2,853 2,767 2,613 29,410 31,288 -6.0

 Computers and electronic products2.......... 30,666 31,103 30,408 -1.4 2.3 1.6 31,251 31,014 34,127 28,706 321,158 308,712 4.0

 Computers........................................ 590 586 576 0.7 1.7 4.3 606 583 624 533 6,226 6,678 -6.8

 Computer storage devices..................... 495 511 434 -3.1 17.7 -5.2 542 478 478 529 4,999 3,868 29.2

 Other peripheral equipment................ 846 814 797 3.9 2.1 -7.9 822 764 936 701 8,377 7,598 10.3

 Nondefense communications

 equipment.................................... 4,086 4,394 3,971 -7.0 10.7 2.8 3,759 3,774 4,892 3,046 39,587 35,231 12.4

 Defense communications equipment.... 283 277 277 2.2 0.0 -5.1 293 292 323 245 2,999 2,800 7.1

 Audio and video equipment.................... 370 371 366 -0.3 1.4 4.0 498 513 337 402 3,529 3,602 -2.0

 Electronic components......................... 4,539 4,475 4,411 1.4 1.5 0.3 4,307 4,373 4,579 3,799 47,240 42,809 10.4

 Nondefense search and navigation

 equipment...................................... 1,531 1,547 1,511 -1.0 2.4 0.0 1,541 1,483 1,669 1,538 16,606 17,515 -5.2

 Defense search and navigation

 equipment..................................... 3,004 3,068 3,047 -2.1 0.7 2.9 3,296 3,018 3,269 3,238 32,909 32,119 2.5

 Electromedical, measuring,

 and control instruments................. 9,335 9,418 9,260 -0.9 1.7 1.1 9,226 9,387 10,544 8,720 98,073 98,536 -0.5

 Electrical equipment, appliances, 

 and components................................... 10,886 11,028 10,559 -1.3 4.4 -0.4 10,559 11,337 11,430 10,584 117,515 120,211 -2.2

 Electric lighting equipment..................... 951 949 976 0.2 -2.8 0.5 950 1,004 1,006 996 10,666 11,100 -3.9

 Household appliances........................ 2,119 2,239 1,921 -5.4 16.6 -6.3 2,132 2,307 2,170 1,942 21,287 20,720 2.7

 Electrical equipment............................ 2,789 2,891 2,855 -3.5 1.3 -0.6 2,585 2,792 3,123 3,085 33,597 37,313 -10.0

 Batteries........................................... 762 770 769 -1.0 0.1 -0.4 846 907 865 839 8,213 8,271 -0.7

 Transportation equipment........................ 82,400 82,094 81,833 0.4 0.3 0.4 79,706 85,659 86,603 81,211 809,832 949,383 -14.7

 Automobiles..................................... 7,414 7,582 8,057 -2.2 -5.9 6.4 7,167 8,132 8,327 8,254 70,830 98,141 -27.8

 Light trucks and utility vehicles.............. 22,491 21,379 22,651 5.2 -5.6 -0.7 21,864 23,264 24,611 19,083 188,863 225,830 -16.4

 Heavy duty trucks ............................. 2,657 2,525 2,530 5.2 -0.2 7.9 2,459 2,644 2,647 2,248 24,520 29,055 -15.6

 Motor vehicle bodies, parts, 

 and trailers.................................... 29,415 29,015 28,814 1.4 0.7 0.9 27,735 30,560 29,275 26,484 297,510 312,592 -4.8

 Nondefense aircraft and parts................ 4,276 6,275 5,107 -31.9 22.9 -3.1 4,257 5,670 5,753 9,598 63,374 120,488 -47.4

 Defense aircraft and parts.................. 4,235 4,220 3,742 0.4 12.8 -8.6 4,377 4,164 4,235 4,423 44,705 50,465 -11.4

 Ships and boats................................. 2,749 2,659 2,695 3.4 -1.3 -1.6 2,918 2,667 2,742 3,052 29,357 33,313 -11.9

 Furniture and related products.................. 6,548 6,599 6,531 -0.8 1.0 -0.4 6,408 6,777 6,549 6,586 71,573 72,905 -1.8

 Miscellaneous durable goods................. 15,525 15,152 14,907 2.5 1.6 1.0 15,152 15,602 15,836 12,346 151,228 137,645 9.9

 Nondurable goods industries..................... 242,801 240,130 238,143 1.1 0.8 0.5 236,922 245,065 243,111 247,890 2,601,382 2,784,718 -6.6

 Food products....................................... 68,480 68,154 67,630 0.5 0.8 0.5 69,700 71,437 69,520 68,850 745,753 736,795 1.2

 Grain and oilseed milling....................... 7,193 7,142 7,109 0.7 0.5 -0.2 7,344 7,441 7,244 6,736 77,778 75,497 3.0

 Dairy products.................................. 10,564 10,618 10,498 -0.5 1.1 -0.1 10,840 10,969 10,531 10,867 115,882 113,586 2.0

 Meat, poultry, and seafood products... 18,189 18,032 18,032 0.9 0.0 0.4 18,217 18,440 18,057 19,596 203,352 215,423 -5.6

 Beverage and tobacco products................ 12,919 13,423 13,819 -3.8 -2.9 2.4 12,818 13,554 14,212 12,722 145,507 147,517 -1.4

 Beverages......................................... 9,435 9,465 9,422 -0.3 0.5 1.3 9,334 9,596 9,815 9,238 103,019 102,334 0.7

 Tobacco............................................ 3,484 3,958 4,397 -12.0 -10.0 4.8 3,484 3,958 4,397 3,484 42,488 45,183 -6.0

 Textile mills........................................... 2,211 2,202 2,193 0.4 0.4 1.3 2,088 2,266 2,212 2,155 23,725 25,847 -8.2

 Textile products................................... 1,807 1,831 1,878 -1.3 -2.5 2.3 1,768 1,911 1,869 1,938 20,160 22,409 -10.0

 Apparel................................................ 872 871 881 0.1 -1.1 5.0 986 1,009 932 1,007 9,615 10,039 -4.2

 Leather and allied products...................... 443 435 437 1.8 -0.5 -0.2 414 442 427 362 4,322 4,409 -2.0

 Paper products...................................... 16,785 16,686 16,433 0.6 1.5 0.1 16,136 17,228 16,914 15,584 180,372 178,500 1.0

 Pulp, paper, and paperboard mills....... 6,597 6,567 6,616 0.5 -0.7 0.9 6,365 6,712 6,880 6,322 72,238 72,193 0.1

 Paperboard containers........................ 5,984 5,969 6,031 0.3 -1.0 -0.3 5,735 6,285 6,239 5,534 65,169 64,124 1.6

 Printing................................................. 6,906 7,092 6,918 -2.6 2.5 1.1 6,997 7,630 7,261 7,376 76,345 78,788 -3.1

 Petroleum and coal products.................. 41,609 39,858 39,519 4.4 0.9 0.0 39,499 39,858 39,549 53,955 429,400 610,285 -29.6

 Petroleum refineries.......................... 37,289 35,610 35,348 4.7 0.7 -0.2 35,503 35,201 34,825 49,978 382,754 562,535 -32.0

 Chemical products..................................... 70,588 69,538 68,613 1.5 1.3 0.6 67,687 68,879 69,907 64,888 747,757 742,677 0.7

 Pesticides, fertilizers, and other

 agricultural chemicals....................... 3,024 2,933 2,712 3.1 8.1 0.4 2,565 2,315 2,506 2,278 30,630 31,926 -4.1

 Pharmaceuticals and medicines............. 26,096 25,533 25,402 2.2 0.5 0.0 25,586 25,402 26,867 22,648 272,030 245,000 11.0

 Paints, coatings, and adhesives.......... 4,886 4,732 4,731 3.3 0.0 2.6 4,238 4,757 4,775 3,855 49,851 48,033 3.8

 Plastics and rubber products.................. 20,181 20,040 19,822 0.7 1.1 0.2 18,829 20,851 20,308 19,053 218,426 227,452 -4.0

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/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. 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

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2020/

2020p 2020r 2020 Nov. Oct. Sep. 2020p 2020r 2020 2019 2020p 2019 2019

All manufacturing industries2........................ 487,240 482,228 475,929 1.0 1.3 1.3 469,891 490,308 492,188 472,495 5,045,369 5,441,527 -7.3

 Excluding transportation2...................... 408,261 404,863 399,721 0.8 1.3 0.9 393,888 411,909 411,736 396,321 4,324,924 4,524,343 -4.4

 Excluding defense2

.............................. 473,206 468,692 464,859 1.0 0.8 2.1 455,510 478,790 478,177 462,231 4,894,749 5,290,423 -7.5

 With unfilled orders2............................. 167,215 166,341 161,227 0.5 3.2 2.6 159,139 164,911 168,273 157,688 1,704,227 1,871,916 -9.0

 Durable goods industries2......................... 244,439 242,098 237,786 1.0 1.8 2.1 232,969 245,243 249,077 224,605 2,443,987 2,656,809 -8.0

 Primary metals........................................ 19,722 19,616 19,362 0.5 1.3 4.5 18,758 19,505 19,016 18,671 204,970 221,272 -7.4

 Iron and steel mills.............................. 10,152 10,229 10,170 -0.8 0.6 9.6 9,558 9,906 9,723 9,230 104,346 115,684 -9.8

 Aluminum and nonferrous metals.......... 8,263 8,099 8,025 2.0 0.9 0.2 8,000 8,360 8,170 7,608 86,660 88,832 -2.4

 Ferrous metal foundries....................... 1,307 1,288 1,167 1.5 10.4 -5.9 1,200 1,239 1,123 1,833 13,964 16,756 -16.7

 Fabricated metal products........................ 31,750 32,023 31,137 -0.9 2.8 2.3 29,739 32,344 31,748 29,155 335,866 351,329 -4.4

 Machinery............................................. 32,248 31,877 31,782 1.2 0.3 0.7 29,690 32,016 32,075 29,349 339,684 351,567 -3.4

 Construction machinery........................ 2,890 2,737 2,625 5.6 4.3 -3.7 2,793 2,903 2,662 2,437 28,848 30,641 -5.9

 Mining, oil field, and

 gas field machinery.......................... 1,122 1,089 1,181 3.0 -7.8 0.9 1,109 1,093 1,241 1,403 12,841 15,456 -16.9

 Industrial machinery............................ 3,157 3,078 3,135 2.6 -1.8 -0.4 2,854 3,179 3,491 2,969 34,211 32,561 5.1

 Photographic equipment....................... 553 530 530 4.3 0.0 -2.9 511 556 667 470 5,873 5,583 5.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 4,012 3,973 4,001 1.0 -0.7 -4.3 3,426 3,799 4,094 3,264 42,664 43,180 -1.2

 Metalworking machinery....................... 2,540 2,528 2,606 0.5 -3.0 2.9 2,442 2,585 2,699 2,492 27,590 28,718 -3.9

 Turbines, generators, and other 

 power transmission equipment........... 3,813 3,810 3,866 0.1 -1.4 5.3 3,759 3,944 3,839 3,949 41,642 45,182 -7.8

 Material handling equipment.................. 2,860 2,919 2,830 -2.0 3.1 3.8 2,560 2,929 2,793 2,517 29,559 31,191 -5.2

 Computers and electronic products2........... 26,208 26,270 25,196 -0.2 4.3 1.3 25,476 25,452 28,624 22,494 266,595 256,139 4.1

 Computers........................................ 623 586 597 6.3 -1.8 11.8 639 583 645 567 6,107 6,694 -8.8

 Nondefense communications

 equipment...................................... 4,401 4,488 4,008 -1.9 12.0 1.9 3,994 3,941 4,881 3,027 40,186 35,658 12.7

 Defense communications equipment....... 374 247 260 51.4 -5.0 -1.5 376 248 317 187 2,746 2,391 14.8

 Electronic components......................... 4,590 4,563 4,432 0.6 3.0 3.0 4,338 4,562 4,627 3,911 47,025 43,315 8.6

 Nondefense search and navigation

 equipment...................................... 1,638 1,662 1,590 -1.4 4.5 -1.7 1,663 1,695 1,777 1,587 17,909 18,380 -2.6

 Defense search and navigation

 equipment...................................... 3,018 3,039 2,965 -0.7 2.5 3.1 2,880 2,799 3,392 2,558 32,180 32,624 -1.4

 Electromedical, measuring,

 and control instruments..................... 9,381 9,519 9,274 -1.4 2.6 0.9 9,225 9,343 10,726 8,636 98,390 98,314 0.1

 Electrical equipment, appliances, 

 and components................................... 11,119 11,043 10,784 0.7 2.4 -0.8 10,737 11,312 11,595 10,575 119,064 121,370 -1.9

 Electric lighting equipment..................... 953 939 980 1.5 -4.2 3.9 950 1,004 1,016 1,021 10,582 11,512 -8.1

 Household appliances.......................... 2,246 2,262 1,979 -0.7 14.3 -9.6 2,208 2,341 2,379 1,973 22,132 20,949 5.6

 Electrical equipment............................ 2,768 2,889 2,859 -4.2 1.0 -2.3 2,589 2,821 2,935 3,053 33,671 37,429 -10.0

 Transportation equipment........................ 78,979 77,365 76,208 2.1 1.5 3.3 76,003 78,399 80,452 76,174 720,445 917,184 -21.5

 Motor vehicle bodies, parts, 

 and trailers..................................... 29,629 29,115 28,868 1.8 0.9 0.6 28,308 30,034 29,456 26,864 297,661 310,516 -4.1

 Nondefense aircraft and parts3................ 2,291 2,356 1,902 -2.8 23.9 (NA) 1,431 1,611 561 7,506 -23,731 93,801 -125.3

 Defense aircraft and parts.................... 3,266 2,824 1,649 15.7 71.3 -58.6 3,819 1,994 2,716 2,553 38,097 51,470 -26.0

 Ships and boats.................................. 2,392 2,719 2,738 -12.0 -0.7 -12.3 3,201 2,182 2,288 1,767 32,795 30,994 5.8

 Furniture and related products................... 6,588 6,637 6,637 -0.7 0.0 -0.3 6,466 6,846 6,723 6,607 72,388 73,436 -1.4

 Nondurable goods industries..................... 242,801 240,130 238,143 1.1 0.8 0.5 236,922 245,065 243,111 247,890 2,601,382 2,784,718 -6.6

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. 

3

 (NA) - New Orders month-to-month percent change is not provided for Nondefense aircraft and parts because the denominator has a negative value. 

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. 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 November

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2020/

2020p 2020r 2020 Nov. Oct. Sep. 2020p 2020r 2020 2019 2019

All manufacturing industries2

...................... 1,073,240 1,073,816 1,075,902 -0.1 -0.2 -0.2 1,063,183 1,064,692 1,070,616 1,134,656 -6.3

 Excluding transportation2...................... 359,846 357,001 354,358 0.8 0.7 0.9 355,553 353,359 352,023 346,609 2.6

 Excluding defense2............................. 856,428 855,903 857,061 0.1 -0.1 0.0 849,632 849,760 852,774 929,735 -8.6

 Durable goods industries2........................ 1,073,240 1,073,816 1,075,902 -0.1 -0.2 -0.2 1,063,183 1,064,692 1,070,616 1,134,656 -6.3

 Primary metals........................................ 33,178 32,608 31,832 1.7 2.4 3.3 32,488 31,498 30,953 30,977 4.9

 Iron and steel mills............................... 14,607 14,289 13,691 2.2 4.4 6.4 14,020 13,539 13,335 13,393 4.7

 Aluminum and nonferrous metals............. 12,860 12,728 12,636 1.0 0.7 1.1 12,841 12,484 12,199 12,330 4.1

 Ferrous metal foundries........................ 5,711 5,591 5,505 2.1 1.6 0.9 5,627 5,475 5,419 5,254 7.1

 Fabricated metal products......................... 76,292 75,529 74,404 1.0 1.5 1.4 75,058 74,696 74,328 73,075 2.7

 Machinery.............................................. 99,369 98,772 98,409 0.6 0.4 0.8 98,335 97,801 97,670 96,030 2.4

 Construction machinery......................... 5,663 5,529 5,458 2.4 1.3 1.3 5,499 5,271 5,245 5,343 2.9

 Mining, oil field, and

 gas field machinery.......................... 3,875 3,850 3,860 0.6 -0.3 3.2 3,875 3,850 3,860 4,176 -7.2

 Industrial machinery............................. 8,421 8,463 8,546 -0.5 -1.0 0.0 8,324 8,391 8,373 8,765 -5.0

 Photographic equipment........................ 852 863 893 -1.3 -3.4 -5.0 862 883 879 1,067 -19.2

 Ventilation, heating, air-conditioning,

 and refrigeration equipment................ 7,354 7,293 7,351 0.8 -0.8 0.4 7,114 7,128 7,205 6,592 7.9

 Metalworking machinery........................ 8,514 8,499 8,479 0.2 0.2 1.5 8,396 8,408 8,488 7,988 5.1

 Turbines, generators, and other 

 power transmission equipment............ 23,249 23,363 23,413 -0.5 -0.2 0.3 23,249 23,363 23,413 23,887 -2.7

 Material handling equipment................... 11,445 11,343 11,172 0.9 1.5 1.0 11,185 11,200 11,124 10,655 5.0

 Computers and electronic products2............. 119,700 119,043 118,704 0.6 0.3 0.1 118,645 118,558 118,297 117,311 1.1

 Computers......................................... 1,889 1,856 1,856 1.8 0.0 1.1 1,889 1,856 1,856 2,007 -5.9

 Nondefense communications

 equipment...................................... 25,385 25,070 24,976 1.3 0.4 0.1 25,231 24,996 24,829 24,601 2.6

 Defense communications equipment........ 714 623 653 14.6 -4.6 -2.5 704 621 665 855 -17.7

 Electronic components.......................... 14,587 14,536 14,448 0.4 0.6 0.1 14,450 14,419 14,230 14,586 -0.9

 Nondefense search and navigation

 equipment....................................... 22,505 22,398 22,283 0.5 0.5 0.4 22,651 22,529 22,317 21,620 4.8

 Defense search and navigation

 equipment....................................... 30,600 30,586 30,615 0.0 -0.1 -0.3 29,992 30,408 30,627 30,244 -0.8

 Electromedical, measuring,

 and control instruments...................... 24,020 23,974 23,873 0.2 0.4 0.1 23,728 23,729 23,773 23,398 1.4

 Electrical equipment, appliances, 

 and components.................................... 22,600 22,367 22,352 1.0 0.1 1.0 22,332 22,154 22,179 20,965 6.5

 Electric lighting equipment..................... 1,648 1,646 1,656 0.1 -0.6 0.2 1,663 1,663 1,663 1,745 -4.7

 Household appliances........................... 2,353 2,226 2,203 5.7 1.0 2.7 2,401 2,325 2,291 1,575 52.4

 Electrical equipment............................. 8,625 8,646 8,648 -0.2 0.0 0.0 8,491 8,487 8,458 8,448 0.5

 Transportation equipment......................... 713,394 716,815 721,544 -0.5 -0.7 -0.8 707,630 711,333 718,593 788,047 -10.2

 Motor vehicle bodies, parts, 

 and trailers...................................... 21,531 21,317 21,217 1.0 0.5 0.3 20,899 20,326 20,852 19,827 5.4

 Nondefense aircraft and parts................ 475,370 477,355 481,274 -0.4 -0.8 -0.7 472,869 475,695 479,754 563,617 -16.1

 Defense aircraft and parts..................... 79,504 80,473 81,869 -1.2 -1.7 -2.5 78,429 78,987 81,157 81,183 -3.4

 Ships and boats.................................. 49,584 49,941 49,881 -0.7 0.1 0.1 48,587 48,304 48,789 39,974 21.5

 Furniture and related products................... 8,223 8,183 8,145 0.5 0.5 1.3 8,211 8,153 8,084 7,678 6.9

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

1

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

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

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

2

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. 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 November

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2020/

2020p 2020r 2020 Nov. Oct. Sep. 2020p 2020r 2020 2019 2019

 All manufacturing industries...................... 692,933 687,818 686,099 0.7 0.3 -0.1 692,840 689,974 686,179 697,269 -0.6

 Excluding transportation........................ 542,178 539,561 538,599 0.5 0.2 -0.2 541,578 540,457 537,782 556,922 -2.8

 Excluding defense............................. 667,698 662,215 660,373 0.8 0.3 -0.1 667,602 664,389 660,427 671,815 -0.6

 With unfilled orders............................. 347,744 344,942 344,582 0.8 0.1 0.4 347,568 344,926 344,929 342,718 1.4

 Durable goods industries........................ 426,470 422,634 421,434 0.9 0.3 0.3 426,387 422,599 421,540 421,861 1.1

 Wood products........................................ 12,168 12,112 11,916 0.5 1.6 1.2 12,232 12,064 11,660 11,919 2.6

 Nonmetallic mineral products..................... 13,978 13,960 14,009 0.1 -0.3 -0.2 13,603 13,593 13,816 14,146 -3.8

 Primary metals......................................... 33,808 33,657 33,544 0.4 0.3 1.3 33,615 33,250 33,380 35,343 -4.9

 Iron and steel mills............................... 18,320 18,318 18,343 0.0 -0.1 0.6 18,207 18,075 18,321 19,744 -7.8

 Aluminum and nonferrous metals............ 13,442 13,281 13,122 1.2 1.2 2.4 13,380 13,146 13,046 13,338 0.3

 Ferrous metal foundries........................ 2,046 2,058 2,079 -0.6 -1.0 0.1 2,028 2,029 2,013 2,261 -10.3

 Fabricated metal products......................... 51,687 51,240 51,023 0.9 0.4 -0.3 51,033 50,873 50,990 52,695 -3.2

 Machinery.............................................. 69,290 68,876 68,916 0.6 -0.1 0.0 69,868 68,603 69,276 72,261 -3.3

 Farm machinery.................................. 3,852 3,724 3,642 3.4 2.3 -0.1 3,984 3,589 3,507 3,947 0.9

 Construction machinery......................... 5,985 5,946 5,927 0.7 0.3 -1.1 5,985 5,967 6,007 6,167 -3.0

 Mining, oil field, 

 and gas field machinery.................... 4,664 4,643 4,680 0.5 -0.8 -1.0 4,715 4,666 4,712 5,387 -12.5

 Industrial machinery............................. 10,018 9,868 9,786 1.5 0.8 0.3 10,065 9,686 10,152 9,344 7.7

 Photographic equipment....................... 1,444 1,426 1,411 1.3 1.1 -0.2 1,469 1,444 1,409 1,486 -1.1

 Ventilation, heating, air-conditioning,

 and refrigeration equipment............... 5,125 5,112 5,024 0.3 1.8 3.4 4,953 4,926 4,836 5,550 -10.8

 Metalworking machinery........................ 5,674 5,704 5,723 -0.5 -0.3 -1.2 5,760 5,767 5,764 6,426 -10.4

 Turbines, generators, and other

 power transmission equipment............ 9,081 9,039 9,196 0.5 -1.7 -0.7 9,218 9,059 9,186 9,854 -6.5

 Material handling equipment.................. 4,736 4,717 4,744 0.4 -0.6 -0.2 4,863 4,811 4,893 5,244 -7.3

 Computers and electronic products2

............ 43,535 43,552 43,518 0.0 0.1 -0.2 43,722 43,663 43,309 44,246 -1.2

 Computers......................................... 1,864 1,859 1,818 0.3 2.3 -1.7 1,876 1,828 1,895 1,835 2.2

 Computer storage devices.................... 1,041 960 978 8.4 -1.8 0.6 1,084 1,018 1,001 1,033 4.9

 Other peripheral equipment................... 1,007 1,046 1,054 -3.7 -0.8 1.0 1,037 1,040 1,026 1,080 -4.0

 Nondefense communications

 equipment...................................... 4,586 4,609 4,652 -0.5 -0.9 1.2 4,688 4,668 4,601 4,575 2.5

 Defense communications equipment........ 677 682 673 -0.7 1.3 1.1 677 682 673 662 2.3

 Audio and video equipment.................... 398 455 488 -12.5 -6.8 -0.4 406 497 536 635 -36.1

 Electronic components.......................... 7,304 7,339 7,363 -0.5 -0.3 -1.1 7,157 7,190 7,209 7,777 -8.0

 Nondefense search and navigation

 equipment...................................... 2,930 2,926 2,934 0.1 -0.3 -0.1 2,916 2,981 2,942 2,880 1.3

 Defense search and navigation

 equipment....................................... 2,708 2,695 2,695 0.5 0.0 0.3 2,672 2,675 2,625 2,639 1.3

 Electromedical, measuring 

 and control instruments...................... 15,409 15,387 15,430 0.1 -0.3 -0.1 15,523 15,465 15,336 15,209 2.1

 Electrical equipment, appliances, 

 and components.................................... 19,813 19,627 19,755 0.9 -0.6 0.3 19,478 19,530 19,422 19,563 -0.4

 Electric lighting equipment..................... 2,003 2,006 2,005 -0.1 0.0 0.1 1,975 1,996 2,002 2,055 -3.9

 Household appliances........................... 2,454 2,417 2,462 1.5 -1.8 4.6 2,410 2,431 2,422 2,622 -8.1

 Electrical equipment............................. 6,342 6,232 6,362 1.8 -2.0 -1.9 6,300 6,150 6,034 6,360 -0.9

 Batteries............................................ 1,837 1,861 1,852 -1.3 0.5 1.2 1,670 1,869 1,914 1,667 0.2

 Transportation equipment......................... 150,755 148,257 147,500 1.7 0.5 0.4 151,262 149,517 148,397 140,347 7.8

 Automobiles....................................... 5,632 5,512 5,376 2.2 2.5 -3.5 5,645 5,636 5,500 5,630 0.3

 Light trucks and utility vehicles.............. 5,753 5,090 4,796 13.0 6.1 -5.6 5,913 5,289 4,982 5,911 0.0

 Heavy duty trucks ............................... 2,032 2,001 1,984 1.5 0.9 1.1 1,958 1,963 1,905 1,878 4.3

 Motor vehicle bodies, parts, 

 and trailers...................................... 26,894 26,555 26,522 1.3 0.1 0.4 26,794 26,537 26,528 26,622 0.6

 Nondefense aircraft and parts................ 80,802 79,311 79,070 1.9 0.3 0.9 81,243 80,159 79,565 71,256 14.0

 Defense aircraft and parts..................... 12,359 12,446 12,436 -0.7 0.1 0.0 12,397 12,458 12,418 12,119 2.3

 Ships and boats.................................. 4,147 4,255 4,362 -2.5 -2.5 2.6 4,159 4,247 4,479 4,373 -4.9

 Furniture and related products.................... 7,125 7,132 7,161 -0.1 -0.4 0.8 7,126 7,078 7,101 7,458 -4.5

 Miscellaneous durable goods..................... 24,311 24,221 24,092 0.4 0.5 0.0 24,448 24,428 24,189 23,883 2.4

 Nondurable goods industries...................... 266,463 265,184 264,665 0.5 0.2 -0.5 266,453 267,375 264,639 275,408 -3.3

 Food products........................................ 55,056 54,882 54,576 0.3 0.6 0.0 56,670 57,813 55,226 56,832 -0.3

 Grain and oilseed milling........................ 5,477 5,364 5,338 2.1 0.5 1.3 5,688 5,641 5,158 5,460 4.2

 Dairy products.................................... 8,694 8,634 8,490 0.7 1.7 0.3 8,368 8,516 8,523 8,130 2.9

 Meat, poultry, and seafood products....... 9,369 9,388 9,306 -0.2 0.9 0.0 9,471 9,567 9,327 10,102 -6.2

 Beverage and tobacco products................ 25,455 25,251 25,263 0.8 0.0 -0.9 25,736 25,546 25,077 25,915 -0.7

 Beverages......................................... 21,740 21,533 21,503 1.0 0.1 -0.7 21,856 21,745 21,464 21,680 0.8

 Tobacco............................................ 3,715 3,718 3,760 -0.1 -1.1 -2.1 3,880 3,801 3,613 4,235 -8.4

 Textile mills............................................ 3,049 3,029 3,032 0.7 -0.1 -0.7 3,024 3,025 3,043 3,191 -5.2

 Textile products...................................... 3,697 3,698 3,703 0.0 -0.1 -0.2 3,679 3,683 3,717 3,916 -6.1

 Apparel................................................. 1,793 1,791 1,793 0.1 -0.1 -0.3 1,749 1,843 1,845 1,814 -3.6

 Leather and allied products....................... 801 805 810 -0.5 -0.6 -1.9 800 795 809 865 -7.5

 Paper products....................................... 15,003 15,035 15,056 -0.2 -0.1 -0.4 14,828 14,826 15,027 15,098 -1.8

 Pulp, paper, and paperboard mills........... 5,414 5,458 5,497 -0.8 -0.7 -1.4 5,331 5,331 5,437 5,690 -6.3

 Paperboard containers......................... 5,446 5,421 5,405 0.5 0.3 -0.2 5,377 5,363 5,400 5,311 1.2

 Printing.................................................. 5,629 5,636 5,637 -0.1 0.0 -0.8 5,644 5,768 5,686 5,683 -0.7

 Petroleum and coal products..................... 31,279 30,394 30,753 2.9 -1.2 -5.7 30,557 30,048 31,206 38,700 -21.0

 Petroleum refineries............................. 26,053 25,174 25,494 3.5 -1.3 -6.5 25,486 24,976 26,007 33,037 -22.9

 Chemical products..................................... 98,188 98,316 97,796 -0.1 0.5 0.7 97,534 97,926 96,854 96,438 1.1

 Pesticides, fertilizers, and other

 agricultural chemicals........................ 5,617 5,666 5,593 -0.9 1.3 1.5 5,540 5,389 5,194 5,495 0.8

 Pharmaceuticals and medicines.............. 46,778 46,875 46,540 -0.2 0.7 1.0 46,482 47,047 46,456 44,459 4.6

 Paints, coatings, and adhesives.............. 3,879 3,863 3,835 0.4 0.7 -0.6 3,765 3,748 3,750 3,939 -4.4

 Plastics and rubber products..................... 26,513 26,347 26,246 0.6 0.4 0.3 26,232 26,102 26,149 26,956 -2.7

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/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. 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

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2020/

2020p 2020r 2020 Nov. Oct. Sep. 2020p 2020r 2020 2019 2020p 2019 2019

SHIPMENTS

 All manufacturing industries......................... 492,931 489,486 483,743 0.7 1.2 0.5 477,262 502,055 502,538 483,631 5,179,794 5,525,392 -6.3

 Construction materials and supplies....... 53,815 53,401 52,798 0.8 1.1 1.0 50,121 56,348 55,370 48,585 571,252 576,222 -0.9

 Information technology......................... 25,841 26,195 25,327 -1.4 3.4 1.3 25,660 25,697 28,518 23,598 268,285 260,330 3.1

 Computers and related products........... 1,931 1,911 1,807 1.0 5.8 -3.6 1,970 1,825 2,038 1,763 19,602 18,144 8.0

 Motor vehicle and parts......................... 61,977 60,501 62,052 2.4 -2.5 1.2 59,225 64,600 64,860 56,069 581,723 665,618 -12.6

 Capital goods...................................... 85,230 85,928 82,758 -0.8 3.8 0.5 82,701 85,611 89,155 81,418 891,324 934,759 -4.6

 Nondefense capital goods3.................. 71,841 73,375 70,628 -2.1 3.9 0.7 68,610 73,009 75,909 68,488 756,244 801,869 -5.7

 Excluding aircraft............................. 69,925 69,568 67,814 0.5 2.6 0.8 66,692 69,721 72,537 62,524 721,754 723,937 -0.3

 Defense capital goods4........................ 13,389 12,553 12,130 6.7 3.5 -0.3 14,091 12,602 13,246 12,930 135,080 132,890 1.6

 Consumer goods.................................. 204,249 201,333 201,942 1.4 -0.3 0.4 201,469 207,678 208,143 209,999 2,121,547 2,335,939 -9.2

 Consumer durable goods..................... 43,674 42,847 44,309 1.9 -3.3 0.4 42,565 45,868 46,975 40,578 405,843 471,933 -14.0

 Consumer nondurable goods................ 160,575 158,486 157,633 1.3 0.5 0.5 158,904 161,810 161,168 169,421 1,715,704 1,864,006 -8.0

 All manufacturing industries5...................... 487,240 482,228 475,929 1.0 1.3 1.3 469,891 490,308 492,188 472,495 5,045,369 5,441,527 -7.3

 Construction materials and supplies....... 54,384 53,950 53,327 0.8 1.2 1.2 50,340 56,296 55,396 47,818 571,741 576,192 -0.8

 Information technology......................... 26,561 26,420 25,491 0.5 3.6 1.4 25,793 25,685 29,064 22,742 269,909 261,616 3.2

 Computers and related products........... 1,964 1,911 1,828 2.8 4.5 -1.6 2,003 1,825 2,059 1,797 19,483 18,160 7.3

 Motor vehicle and parts......................... 62,191 60,601 62,106 2.6 -2.4 1.1 59,798 64,074 65,041 56,449 581,874 663,542 -12.3

 Capital goods...................................... 83,888 83,708 80,998 0.2 3.3 5.7 80,042 81,354 85,686 73,713 816,994 905,130 -9.7

 Nondefense capital goods3.................. 71,377 71,107 70,641 0.4 0.7 11.5 67,146 70,517 73,153 64,403 679,758 774,012 -12.2

 Excluding aircraft............................. 71,042 70,681 69,507 0.5 1.7 1.9 67,481 70,498 73,718 62,691 730,102 723,956 0.8

 Defense capital goods4........................ 12,511 12,601 10,357 -0.7 21.7 -21.9 12,896 10,837 12,533 9,310 137,236 131,118 4.7

 Consumer goods.................................. 204,363 201,371 201,991 1.5 -0.3 0.4 201,661 207,758 208,396 210,164 2,122,873 2,336,556 -9.1

 Consumer durable goods..................... 43,788 42,885 44,358 2.1 -3.3 0.0 42,757 45,948 47,228 40,743 407,169 472,550 -13.8

 Consumer nondurable goods.............. 160,575 158,486 157,633 1.3 0.5 0.5 158,904 161,810 161,168 169,421 1,715,704 1,864,006 -8.0

 All manufacturing industries5...................... 1,073,240 1,073,816 1,075,902 -0.1 -0.2 -0.2 1,063,183 1,064,692 1,070,616 1,134,656 (X) (X) -6.3

 Construction materials and supplies....... 52,664 52,095 51,546 1.1 1.1 1.0 51,606 51,387 51,439 51,665 (X) (X) -0.1

 Information technology......................... 115,939 115,219 114,994 0.6 0.2 0.1 114,834 114,701 114,713 112,989 (X) (X) 1.6

 Computers and related products........... 1,889 1,856 1,856 1.8 0.0 1.1 1,889 1,856 1,856 2,007 (X) (X) -5.9

 Motor vehicle and parts......................... 21,531 21,317 21,217 1.0 0.5 0.3 20,899 20,326 20,852 19,827 (X) (X) 5.4

 Capital goods...................................... 769,979 771,321 773,541 -0.2 -0.3 -0.2 763,943 766,602 770,859 836,389 (X) (X) -8.7

 Nondefense capital goods3.................. 591,316 591,780 594,048 -0.1 -0.4 0.0 588,178 589,642 592,134 672,441 (X) (X) -12.5

 Excluding aircraft............................. 222,239 221,122 220,009 0.5 0.5 0.8 220,482 219,693 218,916 213,434 (X) (X) 3.3

 Defense capital goods4........................ 178,663 179,541 179,493 -0.5 0.0 -1.0 175,765 176,960 178,725 163,948 (X) (X) 7.2

 Consumer goods.................................. 5,821 5,707 5,669 2.0 0.7 0.9 6,016 5,824 5,744 4,836 (X) (X) 24.4

 Consumer durable goods..................... 5,821 5,707 5,669 2.0 0.7 0.9 6,016 5,824 5,744 4,836 (X) (X) 24.4 

 All manufacturing industries....................... 692,933 687,818 686,099 0.7 0.3 -0.1 692,840 689,974 686,179 697,269 (X) (X) -0.6

 Construction materials and supplies....... 69,785 69,195 68,697 0.9 0.7 0.2 68,584 68,211 68,145 70,733 (X) (X) -3.0

 Information technology......................... 39,393 39,309 39,357 0.2 -0.1 0.2 39,633 39,537 39,244 39,059 (X) (X) 1.5

 Computers and related products........... 3,912 3,865 3,850 1.2 0.4 -0.4 3,997 3,886 3,922 3,948 (X) (X) 1.2

 Motor vehicle and parts......................... 40,311 39,158 38,678 2.9 1.2 -0.9 40,310 39,425 38,915 40,041 (X) (X) 0.7

 Capital goods...................................... 217,022 215,076 215,026 0.9 0.0 0.3 218,223 216,071 215,619 209,642 (X) (X) 4.1

 Nondefense capital goods3.................. 195,989 193,670 193,515 1.2 0.1 0.3 197,225 194,695 194,064 188,407 (X) (X) 4.7

 Excluding aircraft............................. 127,688 126,947 127,130 0.6 -0.1 -0.2 128,482 126,975 127,218 129,005 (X) (X) -0.4

 Defense capital goods4........................ 21,033 21,406 21,511 -1.7 -0.5 1.2 20,998 21,376 21,555 21,235 (X) (X) -1.1

 Consumer goods.................................. 203,657 201,746 201,042 0.9 0.4 -1.0 204,958 205,407 202,397 212,701 (X) (X) -3.6

 Consumer durable goods..................... 31,779 31,006 30,575 2.5 1.4 -0.9 32,164 31,536 30,934 32,914 (X) (X) -2.3

 Consumer nondurable goods................ 171,878 170,740 170,467 0.7 0.2 -1.0 172,794 173,871 171,463 179,787 (X) (X) -3.9

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/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. 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 November

Nov. Oct. Sep. Oct. - Sep. - Aug. - Nov. Oct. Sep. Nov. 2020/

2020p 2020r 2020 Nov. Oct. Sep. 2020p 2020r 2020 2019 2019

MATERIALS AND SUPPLIES

 All manufacturing industries....................... 236,198 235,168 234,404 0.4 0.3 -0.8 235,150 235,521 234,549 236,470 -0.6

 Durable goods industries.......................... 145,471 144,754 143,854 0.5 0.6 -0.7 145,049 144,930 144,792 144,693 0.2

 Wood products................................... 5,630 5,572 5,416 1.0 2.9 0.2 5,768 5,661 5,486 5,461 5.6

 Nonmetallic mineral products................. 5,636 5,645 5,707 -0.2 -1.1 -0.6 5,576 5,603 5,696 5,572 0.1

 Primary metals.................................... 12,030 12,305 12,259 -2.2 0.4 -2.4 12,107 12,387 12,331 13,210 -8.3

 Fabricated metal products.......................... 19,420 19,132 18,952 1.5 0.9 -0.9 19,235 19,119 19,237 19,783 -2.8

 Machinery.......................................... 26,900 27,043 27,114 -0.5 -0.3 -0.9 26,850 27,083 27,374 28,194 -4.8

 Computers and electronic products........ 19,907 19,874 19,843 0.2 0.2 -0.6 20,011 20,008 19,837 19,792 1.1

 Electrical equipment, appliances,

 and components............................... 8,836 8,716 8,773 1.4 -0.6 0.4 8,665 8,651 8,616 8,333 4.0

 Transportation equipment..................... 35,522 34,897 34,313 1.8 1.7 -0.4 35,253 34,860 34,729 33,006 6.8

 Furniture and related products............... 3,505 3,481 3,472 0.7 0.3 0.8 3,475 3,458 3,447 3,505 -0.9

 Miscellaneous products......................... 8,085 8,089 8,005 0.0 1.0 0.2 8,109 8,100 8,039 7,837 3.5

 Nondurable goods industries...................... 90,727 90,414 90,550 0.3 -0.2 -0.9 90,101 90,591 89,757 91,777 -1.8

 Food products.................................... 19,593 19,492 19,618 0.5 -0.6 -0.6 19,959 20,275 19,447 19,955 0.0

 Beverage and tobacco products........................ 5,510 5,510 5,594 0.0 -1.5 -1.2 5,582 5,569 5,463 5,880 -5.1

 Textiles.............................................. 1,141 1,127 1,125 1.2 0.2 -0.5 1,128 1,114 1,125 1,158 -2.6

 Textile products................................... 1,191 1,192 1,189 -0.1 0.3 0.3 1,183 1,180 1,193 1,218 -2.9

 Apparel............................................. 551 551 556 0.0 -0.9 0.4 543 559 559 545 -0.4

 Leather and allied products.................... 270 271 273 -0.4 -0.7 -2.2 265 266 275 274 -3.3

 Paper products.................................... 7,602 7,607 7,605 -0.1 0.0 0.1 7,543 7,521 7,629 7,586 -0.6

 Printing ............................................. 2,631 2,648 2,668 -0.6 -0.7 -0.9 2,634 2,673 2,687 2,694 -2.2

 Petroleum and coal products................. 9,635 9,474 9,611 1.7 -1.4 -9.3 9,109 9,143 9,493 10,636 -14.4

 Chemical products................................ 31,864 31,878 31,637 0.0 0.8 1.5 31,545 31,684 31,194 31,208 1.1

 Plastics and rubber products.................. 10,739 10,664 10,674 0.7 -0.1 -1.0 10,610 10,607 10,692 10,623 -0.1

WORK IN PROCESS

 All manufacturing industries....................... 209,676 207,513 208,438 1.0 -0.4 1.0 210,132 208,973 208,031 206,077 2.0

 Durable goods industries.......................... 163,485 161,837 162,145 1.0 -0.2 1.6 163,418 162,261 162,027 154,564 5.7

 Wood products................................... 2,016 1,995 1,986 1.1 0.5 0.4 2,000 1,978 1,954 1,715 16.6

 Nonmetallic mineral products................. 1,402 1,402 1,393 0.0 0.6 0.7 1,334 1,337 1,363 1,392 -4.2

 Primary metals.................................... 9,449 9,524 9,329 -0.8 2.1 3.8 9,414 9,460 9,250 10,224 -7.9

 Fabricated metal products.......................... 12,903 12,793 12,773 0.9 0.2 -0.4 12,838 12,791 12,774 13,568 -5.4

 Machinery.......................................... 19,654 19,455 19,688 1.0 -1.2 1.8 20,141 19,514 19,916 19,927 1.1

 Computers and electronic products........ 12,540 12,525 12,432 0.1 0.7 0.9 12,323 12,232 12,099 12,340 -0.1

 Electrical equipment, appliances,

 and components............................... 4,196 4,176 4,203 0.5 -0.6 0.1 4,128 4,131 4,115 4,118 0.2

 Transportation equipment..................... 96,330 94,962 95,361 1.4 -0.4 1.8 96,232 95,785 95,569 86,390 11.4

 Furniture and related products............... 1,167 1,171 1,167 -0.3 0.3 5.1 1,168 1,152 1,162 1,179 -0.9

 Miscellaneous products......................... 3,828 3,834 3,813 -0.2 0.6 0.5 3,840 3,881 3,825 3,711 3.5

 Nondurable goods industries...................... 46,191 45,676 46,293 1.1 -1.3 -1.1 46,714 46,712 46,004 51,513 -9.3

 Food products.................................... 4,435 4,564 4,848 -2.8 -5.9 -2.2 5,034 5,263 4,549 5,108 -1.4

 Beverage and tobacco products........................ 8,958 8,873 8,943 1.0 -0.8 -1.3 9,203 9,064 8,880 9,498 -3.1

 Textiles.............................................. 579 580 579 -0.2 0.2 0.9 579 585 587 634 -8.7

 Textile products................................... 326 326 330 0.0 -1.2 -0.6 327 328 335 377 -13.3

 Apparel............................................. 286 288 289 -0.7 -0.3 0.0 280 292 295 315 -11.1

 Leather and allied products.................... 88 85 84 3.5 1.2 1.2 89 85 85 94 -5.3

 Paper products.................................... 1,431 1,428 1,404 0.2 1.7 -0.5 1,413 1,418 1,406 1,409 0.3

 Printing ............................................. 1,254 1,237 1,217 1.4 1.6 -1.1 1,271 1,309 1,257 1,218 4.4

 Petroleum and coal products................. 7,021 6,451 6,550 8.8 -1.5 -5.7 6,737 6,511 6,737 10,483 -35.7

 Chemical products................................ 18,616 18,685 18,893 -0.4 -1.1 0.0 18,587 18,680 18,712 19,307 -3.7

 Plastics and rubber products.................. 3,197 3,159 3,156 1.2 0.1 3.7 3,194 3,177 3,161 3,070 4.0

FINISHED GOODS

 All manufacturing industries....................... 247,059 245,137 243,257 0.8 0.8 -0.3 247,558 245,480 243,599 254,722 -2.8

 Durable goods industries.......................... 117,514 116,043 115,435 1.3 0.5 -0.5 117,920 115,408 114,721 122,604 -3.8

 Wood products................................... 4,522 4,545 4,514 -0.5 0.7 2.6 4,464 4,425 4,220 4,743 -5.9

 Nonmetallic mineral products................. 6,940 6,913 6,909 0.4 0.1 0.1 6,693 6,653 6,757 7,182 -6.8

 Primary metals.................................... 12,329 11,828 11,956 4.2 -1.1 3.3 12,094 11,403 11,799 11,909 1.6

 Fabricated metal products.......................... 19,364 19,315 19,298 0.3 0.1 0.4 18,960 18,963 18,979 19,344 -2.0

 Machinery.......................................... 22,736 22,378 22,114 1.6 1.2 -0.5 22,877 22,006 21,986 24,140 -5.2

 Computers and electronic products........ 11,088 11,153 11,243 -0.6 -0.8 -0.6 11,388 11,423 11,373 12,114 -6.0

 Electrical equipment, appliances,

 and components............................... 6,781 6,735 6,779 0.7 -0.6 0.3 6,685 6,748 6,691 7,112 -6.0

 Transportation equipment..................... 18,903 18,398 17,826 2.7 3.2 -4.9 19,777 18,872 18,099 20,951 -5.6

 Furniture and related products............... 2,453 2,480 2,522 -1.1 -1.7 -1.2 2,483 2,468 2,492 2,774 -10.5

 Miscellaneous products......................... 12,398 12,298 12,274 0.8 0.2 -0.2 12,499 12,447 12,325 12,335 1.3

 Nondurable goods industries...................... 129,545 129,094 127,822 0.3 1.0 -0.1 129,638 130,072 128,878 132,118 -1.9

 Food products.................................... 31,028 30,826 30,110 0.7 2.4 0.8 31,677 32,275 31,230 31,769 -0.3

 Beverage and tobacco products........................ 10,987 10,868 10,726 1.1 1.3 -0.5 10,951 10,913 10,734 10,537 3.9

 Textiles.............................................. 1,329 1,322 1,328 0.5 -0.5 -1.6 1,317 1,326 1,331 1,399 -5.9

 Textile products................................... 2,180 2,180 2,184 0.0 -0.2 -0.5 2,169 2,175 2,189 2,321 -6.5

 Apparel............................................. 956 952 948 0.4 0.4 -0.7 926 992 991 954 -2.9

 Leather and allied products.................... 443 449 453 -1.3 -0.9 -2.4 446 444 449 497 -10.3

 Paper products.................................... 5,970 6,000 6,047 -0.5 -0.8 -1.0 5,872 5,887 5,992 6,103 -3.8

 Printing ............................................. 1,744 1,751 1,752 -0.4 -0.1 -0.6 1,739 1,786 1,742 1,771 -1.8

 Petroleum and coal products................. 14,623 14,469 14,592 1.1 -0.8 -3.1 14,711 14,394 14,976 17,581 -16.3

 Chemical products................................ 47,708 47,753 47,266 -0.1 1.0 0.5 47,402 47,562 46,948 45,923 3.2

 Plastics and rubber products.................. 12,577 12,524 12,416 0.4 0.9 0.6 12,428 12,318 12,296 13,263 -6.3

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/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. 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 Nov Oct Sep Aug Nov Oct Sep Aug

2020p 2020r 2020 2020 2020p 2020r 2020 2020

All manufacturing industries3

.................................... 1.41 1.41 1.42 1.43 (X) (X) (X) (X)

Durable goods industries3

........................................ 1.70 1.69 1.72 1.72 6.40 6.38 6.57 6.60

 Wood products........................................................... 1.18 1.19 1.19 1.21 (X) (X) (X) (X)

 Nonmetallic mineral products............................. 1.16 1.17 1.19 1.20 (X) (X) (X) (X)

 Primary metals............................................................ 1.77 1.79 1.83 1.80 1.73 1.73 1.73 1.68

 Fabricated metal products...................................... 1.67 1.66 1.69 1.70 2.54 2.52 2.54 2.52

 Machinery..................................................................... 2.19 2.19 2.22 2.21 3.49 3.49 3.53 3.49

 Computers and electronic products3

................... 1.42 1.40 1.43 1.46 5.12 5.01 5.15 5.22

 Electrical equipment, appliances,

 and components.................................................... 1.82 1.78 1.87 1.86 2.23 2.18 2.28 2.25

 Transportation equipment..................................... 1.83 1.81 1.80 1.80 14.31 14.16 14.85 14.91

 Furniture and related products............................ 1.09 1.08 1.10 1.08 1.40 1.39 1.39 1.38

 Miscellaneous products.......................................... 1.57 1.60 1.62 1.63 (X) (X) (X) (X)

Nondurable goods industries................................... 1.10 1.10 1.11 1.12 (X) (X) (X) (X)

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

 Beverage and tobacco products........................... 1.97 1.88 1.83 1.89 (X) (X) (X) (X)

 Textiles.......................................................................... 1.38 1.38 1.38 1.41 (X) (X) (X) (X)

 Textile products......................................................... 2.05 2.02 1.97 2.02 (X) (X) (X) (X)

 Apparel........................................................................ 2.06 2.06 2.04 2.14 (X) (X) (X) (X)

 Leather and allied products................................ 1.81 1.85 1.85 1.89 (X) (X) (X) (X)

 Paper products.......................................................... 0.89 0.90 0.92 0.92 (X) (X) (X) (X)

 Printing........................................................................ 0.82 0.79 0.81 0.83 (X) (X) (X) (X)

 Petroleum and coal products............................... 0.75 0.76 0.78 0.82 (X) (X) (X) (X)

 Chemical products................................................... 1.39 1.41 1.43 1.42 (X) (X) (X) (X)

 Plastics and rubber products................................ 1.31 1.31 1.32 1.32 (X) (X) (X) (X)

Nov3 Nov3 Nov3 Nov3

Industry 2019- 2019- 2019- 2019-

Nov2 Oct Nov2 Oct Nov2 Oct Nov2 Oct

2020 2020 2020 2020 2020 2020 2020 2020

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

Durable goods industries....................... 0.0 0.2 0.1 0.6 0.0 0.1 0.0 0.1

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

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

 Primary metals............................................. -0.1 0.4 0.1 0.7 0.2 0.2 0.0 0.2

 Fabricated metal products.................... -0.1 0.6 -0.1 1.0 0.0 0.2 -0.1 0.2

 Machinery...................................................... 0.0 0.5 0.3 0.7 0.1 0.1 0.0 0.1

 Computers and electronic products..... -0.3 0.3 -0.6 0.4 0.0 0.1 0.1 0.1

 Electrical equipment, appliances,

 and components..................................... -0.2 0.4 -0.1 0.6 0.1 0.3 -0.1 0.2

 Transportation equipment.................... 0.1 0.3 0.2 1.3 0.0 0.1 0.1 0.1

 Furniture and related products............. (X) 0.6 (X) 0.8 (X) 0.4 (X) 0.3

 Miscellaneous products.......................... (X) 0.2 (X) 0.2 (X) 0.1 (X) 0.1

Nondurable goods industries................... (X) 0.2 (X) (NA) (X) (NA) (X) 0.1

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

 Beverage and tobacco products............ (X) 0.6 (X) (NA) (X) (NA) (X) 0.4

 Textiles.......................................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.2

 Textile products......................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.2

 Apparel......................................................... (X) 0.7 (X) (NA) (X) (NA) (X) 0.4

 Leather and allied products.................. (X) 1.1 (X) (NA) (X) (NA) (X) 0.2

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

 Printing.......................................................... (X) 0.6 (X) (NA) (X) (NA) (X) 0.3

 Petroleum and coal products............... (X) 0.4 (X) (NA) (X) (NA) (X) 0.6

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

 Plastics and rubber products................ (X) 0.3 (X) (NA) (X) (NA) (X) 0.2

X

 Not Applicable 

p

 Preliminary 

r

 Revised data due to late receipts and concurrent seasonal adjustment. 

2

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

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

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

miscellaneous furniture. 

3

 Unfilled orders to shipments ratio excludes semiconductor manufacturing. 

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

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

error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>. 

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. Information on data 

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

X Not Applicable 

NA Not Available 

1

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

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

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

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

2

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

3

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

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

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

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

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

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

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

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, November Full Report, January 6, 2021. 

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