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FOR RELEASE AT 8:30 AM EDT, WEDNESDAY, SEPTEMBER 27, 2023 

MONTHLY ADVANCE REPORT ON DURABLE GOODS MANUFACTURERS’ SHIPMENTS, 

INVENTORIES AND ORDERS AUGUST 2023 

Release Number: CB 23-154 M3-1 (23)-08 

September 27, 2023 — The U.S. Census Bureau announces the August advance report on durable goods 

manufacturers’ shipments, inventories and orders:

New Orders

New orders for manufactured durable goods in August, up five of the last six months, increased $0.5 billion 

or 0.2 percent to $284.7 billion, the U.S. Census Bureau announced today. This followed a 5.6 percent July

decrease. Excluding transportation, new orders increased 0.4 percent. Excluding defense, new orders

decreased 0.7 percent. Machinery, up four of the last five months, led the increase, $0.2 billion or 0.5

percent to $37.8 billion.

Shipments

Shipments of manufactured durable goods in August, up three of the last four months, increased $1.4

billion or 0.5 percent to $284.6 billion. 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.

DURABLE GOODS – NEW ORDERS

AUGUST 2023 $284.7 billion +0.2%°

 JULY 2023

(revised) $284.3 billion -5.6%°

Next release: October 26, 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, September 

27, 2023.

0.3%

1.0%

-3.1%

4.5%

-1.3%

-2.7%

3.3%

1.2%

2.0%

4.3%

-5.6%

0.2%

-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%

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

DURABLE GOODS NEW ORDERS 2022-2023

Seasonally Adjusted, Month-To-Month Percentage Change

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders, September 27, 2023.
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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. 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 $1.2 billion or 0.2 percent to $523.6 billion. This followed a virtually unchanged July decrease. 

Transportation equipment, also up following two consecutive monthly decreases, led the increase, $0.5 

billion or 0.3 percent to $164.4 billion. 

Capital Goods

Nondefense new orders for capital goods in August decreased $2.6 billion or 2.9 percent to $86.1 billion. 

Shipments increased $1.0 billion or 1.2 percent to $83.3 billion. Unfilled orders increased $2.8 billion or 

0.4 percent to $780.6 billion. Inventories increased $0.7 billion or 0.3 percent to $226.0 billion. Defense 

new orders for capital goods in August increased $2.3 billion or 18.6 percent to $14.8 billion. Shipments

increased $0.3 billion or 2.0 percent to $13.6 billion. Unfilled orders increased $1.1 billion or 0.5 percent

to $212.0 billion. Inventories increased $0.1 billion or 0.6 percent to $24.3 billion.

Revised July Data

Revised seasonally adjusted July figures for all manufacturing industries were: new orders, $579.3 billion 

(revised from $579.4 billion); shipments, $578.2 billion (revised from $577.2 billion); unfilled orders, 

$1,330.9 billion (revised from $1,332.0 billion) and total inventories, $852.8 billion (revised from $852.5

billion).

Revised and more detailed estimates, plus nondurable goods data, will be published on October 4, 2023, at

10:00 a.m. EDT. The Advance Report on durable goods for September is scheduled for release on October

26, 2023, at 8:30 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 

sources. The use of company or divisional reports to estimate the monthly change for establishments is 
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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. Durable Goods Manufacturers' Shipments and New Orders 1

[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

Item Percent

Aug Jul Jun Jul - Jun - May - Aug Jul Aug Change

2023 2 2023 r 2023 Aug 2Jul r

Jun 2023 2 2023 r 2022 2023 2022 2023/2022

DURABLE GOODS

 Total:

 Shipments................................ 284,589 283,154 283,448 0.5 -0.1 0.0 298,228 259,915 288,876 2,240,250 2,150,894 4.2

 New Orders4.............................. 284,749 284,294 301,262 0.2 -5.6 4.3 290,537 261,624 282,058 2,261,586 2,171,418 4.2

 Excluding transportation:

 Shipments................................ 192,078 191,483 191,529 0.3 0.0 0.1 201,361 183,464 199,629 1,529,120 1,507,955 1.4

 New Orders4.............................. 186,977 186,284 186,164 0.4 0.1 0.1 192,419 177,880 190,631 1,494,139 1,486,329 0.5

 Excluding defense:

 Shipments................................ 268,727 267,531 267,650 0.4 0.0 -0.1 282,527 245,980 274,386 2,120,022 2,039,901 3.9

 New Orders4.............................. 267,176 269,031 286,251 -0.7 -6.0 5.8 276,205 250,772 266,890 2,135,236 2,059,992 3.7

 Manufacturing with unfilled orders:

 Shipments................................ 196,942 195,724 196,617 0.6 -0.5 0.3 204,649 180,304 198,514 1,552,676 1,489,716 4.2

 New Orders.............................. 201,990 201,818 219,419 0.1 -8.0 6.3 201,972 186,844 197,115 1,612,982 1,549,409 4.1

 Primary metals:

 Shipments................................ 26,646 26,654 26,824 0.0 -0.6 -0.3 28,259 25,422 28,802 218,296 221,688 -1.5

 New Orders.............................. 26,745 26,916 26,933 -0.6 -0.1 0.1 27,760 25,632 27,008 218,392 221,470 -1.4

 Fabricated metal products:

 Shipments................................ 35,748 35,697 35,688 0.1 0.0 1.0 38,182 34,311 38,317 285,531 286,982 -0.5

 New Orders.............................. 35,967 35,786 35,539 0.5 0.7 0.8 37,664 34,300 37,566 289,649 292,537 -1.0

 Machinery:

 Shipments................................ 38,210 37,922 37,792 0.8 0.3 0.3 39,404 35,783 37,987 302,938 292,233 3.7

 New Orders.............................. 37,760 37,564 37,298 0.5 0.7 -0.6 38,194 35,629 37,977 302,626 299,964 0.9

 Computers and electronic products4:

 Shipments................................ 29,421 29,336 29,227 0.3 0.4 -0.1 29,602 27,506 29,379 226,667 221,691 2.2

 New Orders.............................. 24,397 24,316 24,458 0.3 -0.6 1.2 23,399 22,204 23,108 186,849 183,085 2.1

 Computers and related products:

 Shipments................................ 2,052 1,976 2,011 3.8 -1.7 -2.0 2,047 1,885 1,805 15,451 12,970 19.1

 New Orders.............................. 2,039 1,988 2,022 2.6 -1.7 0.2 2,034 1,897 1,796 15,452 12,960 19.2

 

 Communications equipment:

 Shipments................................ 3,009 3,035 3,016 -0.9 0.6 1.0 2,699 2,677 2,851 23,146 23,411 -1.1

 New Orders.............................. 2,964 2,964 2,953 0.0 0.4 3.4 2,568 2,468 2,749 22,193 23,264 -4.6

 Electrical equipment, appliances, 

 and components: 

 Shipments................................ 14,179 14,039 14,037 1.0 0.0 -0.1 14,985 13,157 13,892 112,023 103,176 8.6

 New Orders.............................. 14,341 14,184 14,222 1.1 -0.3 0.4 14,965 13,254 14,090 113,543 106,953 6.2

 Transportation equipment: 

 Shipments................................ 92,511 91,671 91,919 0.9 -0.3 -0.1 96,867 76,451 89,247 711,130 642,939 10.6

 New Orders.............................. 97,772 98,010 115,098 -0.2 -14.8 11.9 98,118 83,744 91,427 767,447 685,089 12.0

 Motor vehicles and parts:

 Shipments................................ 63,274 63,160 62,538 0.2 1.0 -0.4 68,935 52,870 64,959 495,354 461,496 7.3

 New Orders.............................. 63,296 63,095 62,650 0.3 0.7 -0.2 68,772 52,686 64,726 494,666 460,469 7.4

 

 Nondefense aircraft and parts:

 Shipments................................ 13,660 13,139 13,788 4.0 -4.7 -0.2 12,435 10,176 9,446 94,930 68,871 37.8

 New Orders.............................. 17,136 20,370 37,499 -15.9 -45.7 71.1 14,788 20,995 10,436 146,851 110,520 32.9

 Defense aircraft and parts:

 Shipments................................ 4,700 4,772 4,829 -1.5 -1.2 1.0 4,796 4,243 4,646 36,960 34,914 5.9

 New Orders.............................. 5,829 4,890 5,334 19.2 -8.3 2.0 5,378 3,425 5,918 41,594 36,799 13.0

 All other durable goods: 

 Shipments................................ 47,874 47,835 47,961 0.1 -0.3 -0.4 50,929 47,285 51,252 383,665 382,185 0.4

 New Orders.............................. 47,767 47,518 47,714 0.5 -0.4 -0.5 50,437 46,861 50,882 383,080 382,320 0.2

 Capital goods3:

 Shipments................................ 96,943 95,686 96,854 1.3 -1.2 0.4 96,461 87,035 91,382 748,910 697,837 7.3

 New Orders.............................. 100,851 101,088 118,425 -0.2 -14.6 10.9 95,683 93,569 93,378 804,342 748,366 7.5

 Nondefense capital goods:

 Shipments................................ 83,318 82,328 83,296 1.2 -1.2 0.0 83,102 75,142 79,015 645,994 602,702 7.2

 New Orders.............................. 86,086 88,639 106,376 -2.9 -16.7 16.8 83,607 85,024 79,870 697,462 655,896 6.3

 Excluding aircraft:

 Shipments........................... 74,335 73,833 74,034 0.7 -0.3 0.0 75,400 69,108 73,509 586,234 563,359 4.1

 New Orders.......................... 73,916 73,253 73,559 0.9 -0.4 -0.4 73,577 68,342 73,170 586,061 574,258 2.1

 Defense capital goods:

 Shipments................................ 13,625 13,358 13,558 2.0 -1.5 2.6 13,359 11,893 12,367 102,916 95,135 8.2

 New Orders.............................. 14,765 12,449 12,049 18.6 3.3 -23.2 12,076 8,545 13,508 106,880 92,470 15.6

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 Based on advance sample. 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. 

3 The Capital Goods Industries include Nondefense : 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. Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space 

vehicles, and parts, ships and boats, and search and navigation equipment. 

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

orders exclude semiconductor industry data. 

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 Advance Report, September 27, 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. Durable Goods Manufacturers' Unfilled Orders and Total Inventories 1

[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 Percent

Item Change

Aug Jul Jun Jul - Jun - May - Aug Jul Aug 2023/

2023 2 2023 r 2023 Aug 2Jul r

Jun 2023 2 2023 2 2022 2022

DURABLE GOODS

 Total:

 Unfilled Orders4......................... 1,335,919 1,330,871 1,324,777 0.4 0.5 1.8 1,330,602 1,333,279 1,249,047 6.5

 Total Inventories....................... 523,569 522,402 522,478 0.2 0.0 0.0 525,723 524,794 519,516 1.2

 Excluding transportation:

 Unfilled Orders4......................... 497,226 497,439 497,684 0.0 0.0 -0.1 496,373 500,301 499,667 -0.7

 Total Inventories....................... 359,120 358,405 358,413 0.2 0.0 0.0 359,194 359,517 354,502 1.3

 Excluding defense:

 Unfilled Orders4........................... 1,091,339 1,088,002 1,081,548 0.3 0.6 2.2 1,089,752 1,091,060 1,020,871 6.7

 Total Inventories....................... 494,038 493,003 493,036 0.2 0.0 0.0 496,038 495,394 490,823 1.1

 Manufacturing with unfilled orders:

 Unfilled Orders......................... 1,335,919 1,330,871 1,324,777 0.4 0.5 1.8 1,330,602 1,333,279 1,249,047 6.5

 Total Inventories....................... 423,371 422,375 422,620 0.2 -0.1 0.0 425,186 424,937 419,196 1.4

 Primary metals:

 Unfilled Orders......................... 38,187 38,088 37,826 0.3 0.7 0.3 37,862 38,361 37,797 0.2

 Total Inventories....................... 46,637 46,505 46,588 0.3 -0.2 -0.5 46,355 46,661 47,865 -3.2

 Fabricated metal products:

 Unfilled Orders......................... 129,214 128,995 128,906 0.2 0.1 -0.1 130,542 131,060 132,020 -1.1

 Total Inventories....................... 64,855 64,789 64,966 0.1 -0.3 0.3 65,017 65,527 65,458 -0.7

 Machinery: 

 Unfilled Orders......................... 138,608 139,058 139,416 -0.3 -0.3 -0.4 138,045 139,255 139,392 -1.0

 Total Inventories....................... 94,860 94,697 94,737 0.2 0.0 0.2 94,600 94,256 89,200 6.1

 Computers and electronic products4:

 Unfilled Orders......................... 134,575 134,711 134,777 -0.1 0.0 0.2 133,542 134,731 133,221 0.2

 Total Inventories....................... 55,172 54,971 54,857 0.4 0.2 -0.2 55,496 55,395 55,220 0.5

 Computers and related products:

 Unfilled Orders......................... 1,284 1,297 1,285 -1.0 0.9 0.9 1,284 1,297 1,317 -2.5

 Total Inventories....................... 3,541 3,567 3,613 -0.7 -1.3 -0.2 3,676 3,606 3,992 -7.9

 

 Communications equipment:

 Unfilled Orders......................... 17,053 17,098 17,169 -0.3 -0.4 -0.4 16,840 16,971 17,698 -4.8

 Total Inventories....................... 5,025 5,019 5,007 0.1 0.2 -0.3 5,136 5,035 5,082 1.1

 Electrical equipment, appliances, 

 and components: 

 Unfilled Orders......................... 44,016 43,854 43,709 0.4 0.3 0.4 43,935 43,955 43,254 1.6

 Total Inventories....................... 26,424 26,345 26,304 0.3 0.2 0.4 26,603 26,581 25,441 4.6

 Transportation equipment: 

 Unfilled Orders......................... 838,693 833,432 827,093 0.6 0.8 2.9 834,229 832,978 749,380 11.3

 Total Inventories....................... 164,449 163,997 164,065 0.3 0.0 0.0 166,529 165,277 165,014 0.9

 Motor vehicles and parts:

 Unfilled Orders......................... 35,170 35,148 35,213 0.1 -0.2 0.3 34,253 34,416 34,878 -1.8

 Total Inventories....................... 53,642 53,561 53,443 0.2 0.2 -0.1 54,464 54,328 54,159 0.6

 

 Nondefense Aircraft and parts:

 Unfilled Orders......................... 582,663 579,187 571,956 0.6 1.3 4.3 582,636 580,283 508,211 14.6

 Total Inventories....................... 77,621 77,433 77,607 0.2 -0.2 -0.1 78,544 77,803 78,870 -0.4

 Defense Aircraft and parts: 

 Unfilled Orders......................... 73,033 71,904 71,786 1.6 0.2 0.7 71,936 71,354 67,693 6.3

 Total Inventories....................... 14,074 14,109 14,184 -0.2 -0.5 0.1 14,124 14,136 13,915 1.5

 All other durable goods: 

 Unfilled Orders......................... 12,626 12,733 13,050 -0.8 -2.4 -1.9 12,447 12,939 13,983 -11.0

 Total Inventories....................... 71,172 71,098 70,961 0.1 0.2 -0.3 71,123 71,097 71,318 -0.3

 Capital goods3:

 Unfilled Orders......................... 992,629 988,721 983,319 0.4 0.5 2.2 989,318 990,096 909,558 8.8

 Total Inventories....................... 250,362 249,498 249,598 0.3 0.0 -0.1 252,310 250,233 245,376 2.8

 Nondefense capital goods:

 Unfilled Orders......................... 780,586 777,818 771,507 0.4 0.8 3.1 780,112 779,607 708,899 10.0

 Total Inventories....................... 226,039 225,312 225,378 0.3 0.0 -0.1 227,883 226,073 221,773 2.8

 Excluding aircraft: 

 Unfilled Orders.................... 271,478 271,897 272,477 -0.2 -0.2 -0.2 270,507 272,330 273,577 -1.1

 Total Inventories................... 162,456 161,974 161,880 0.3 0.1 0.1 163,282 162,294 156,513 4.3

 Defense capital goods:

 Unfilled Orders......................... 212,043 210,903 211,812 0.5 -0.4 -0.7 209,206 210,489 200,659 4.3

 Total Inventories....................... 24,323 24,186 24,220 0.6 -0.1 0.1 24,427 24,160 23,603 3.5

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

 Based on advance sample. 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. 

3

 The Capital Goods Industries include Nondefense : 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. Defense Capital Goods include : small arms and ordnance, communications equipment, aircraft; missiles, space vehicles, and parts, ships and boats, and search and navigation 

equipment. 

4

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

percent changes for new orders and unfilled orders exclude semiconductor industry data. 

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 Advance Report, September 27, 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>.