Sample M3 Full Report

Appendix H - Sample Full Report.pdf

Manufacturers' Shipments, Inventories, and Orders Survey

Sample M3 Full Report

OMB: 0607-0008

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FOR RELEASE AT 10:00 AM EDT, FRIDAY, NOVEMBER 3, 2017

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES
AND ORDERS SEPTEMBER 2017
Release Number: CB 17-174 M3-2 (17)-09
Notice: For information on the impact of recent hurricanes on the compilation of this report, please see the
Frequently Asked Questions document on our website.
November 3, 2017 — The U.S. Census Bureau announces the September full report on manufacturers’
shipments, inventories and orders:
MANUFACTURERS' NEW ORDERS 2016-2017
Seasonally Adjusted, Month-To-Month Percentage Change

 MANUFACTURED GOODS – NEW ORDERS 
SEPTEMBER 2017 

$478.5 billion            +1.4%° 

 

4.0%

3.0%

2.0%

AUGUST 2017  
(revised) 

$472.0 billion            +1.2%° 

Next release: December 4, 2017 
 
Data adjusted for seasonal variation but not for price changes.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders.
°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.

 

1.0%

0.0%

-1.0%

-2.0%

-3.0%

-4.0%
% Change

Oct-16
3.4%

Nov-16
-2.3%

Dec-16
1.8%

Jan-17
0.4%

Feb-17
0.8%

Mar-17
1.0%

Apr-17
-0.3%

May-17
-0.3%

Jun-17
3.2%

Jul-17
-3.3%

Aug-17
1.2%

Sep-17
1.4%

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

 

Summary
New orders for manufactured goods in September, up three of the last four months, increased $6.5 billion or
1.4 percent to $478.5 billion, the U.S. Census Bureau reported today. This followed a 1.2 percent August
increase. Shipments, up nine of the last ten months, increased $3.9 billion or 0.8 percent to $480.4 billion.
This followed a 0.6 percent August increase. Unfilled orders, up following two consecutive monthly
decreases, increased $2.7 billion or 0.2 percent to $1,135.0 billion. This followed a virtually unchanged
August decrease. The unfilled orders-to-shipments ratio was 6.70, down from 6.76 in August. Inventories,
up ten of the last eleven months, increased $4.4 billion or 0.7 percent to $660.8 billion. This followed a 0.6
percent August increase. The inventories-to-shipments ratio was 1.38, unchanged from August.
New Orders
New orders for manufactured durable goods in September, up three of the last four months, increased $4.7
billion or 2.0 percent to $238.4 billion, down from the previously published 2.2 percent increase. This
followed a 2.1 percent August increase. Transportation equipment, also up three of the last four months, led
the increase, $3.6 billion or 4.7 percent to $80.9 billion. New orders for manufactured nondurable goods
increased $1.8 billion or 0.8 percent to $240.1 billion.
Data Inquiries 
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) 
301‐763‐4832  
[email protected] 
 

Media Inquiries 
Public Information Office 
301‐763‐3030 
[email protected]
 

 
 

 

Shipments
Shipments of manufactured durable goods in September, up four of the last five months, increased $2.1
billion or 0.9 percent to $240.3 billion, down from the previously published 1.0 percent increase. This
followed a 0.7 percent August increase. Transportation equipment, up two of the last three months, led the
increase, $0.8 billion or 1.1 percent to $79.5 billion. Shipments of manufactured nondurable goods, up five
of the last six months, increased $1.8 billion or 0.8 percent to $240.1 billion. This followed a 0.4 percent
August increase. Petroleum and coal products, up three consecutive months, drove the increase, $2.1 billion
or 5.0 percent to $44.9 billion.
Unfilled Orders
Unfilled orders for manufactured durable goods in September, up following two consecutive monthly
decreases, increased $2.7 billion or 0.2 percent to $1,135.0 billion, unchanged from the previously published
increase. This followed a virtually unchanged August decrease. Transportation equipment, also up
following two consecutive monthly decreases, led the increase, $1.4 billion or 0.2 percent to $771.9 billion.
Inventories
Inventories of manufactured durable goods in September, up fourteen of the last fifteen months, increased
$2.6 billion or 0.6 percent to $403.9 billion, unchanged from the previously published increase. This
followed a 0.5 percent August increase. Transportation equipment, up three consecutive months, led the
increase, $1.0 billion or 0.7 percent to $131.0 billion. Inventories of manufactured nondurable goods, up
four consecutive months, increased $1.8 billion or 0.7 percent to $256.8 billion. This followed a 0.7 percent
August increase. Petroleum and coal products, up three consecutive months, led the increase, $1.8 billion or
5.0 percent to $38.6 billion. By stage of fabrication, September materials and supplies increased 0.8 percent
in durable goods and increased 1.9 percent in nondurable goods. Work in process increased 0.8 percent in
durable goods and increased 1.0 percent in nondurable goods. Finished goods increased 0.2 percent in
durable goods and decreased 0.4 percent in nondurable goods.
The Advance Report on durable goods for October is scheduled for release on November 22, 2017 at 8:30
a.m. EST and the Full Report on December 4, 2017 at 10:00 a.m. EST.  View the full schedule in the
Economic Briefing Room: . The full text and tables of this release
can be found at .

Data Inquiries 
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) 
301‐763‐4832  
[email protected] 
 

Media Inquiries 
Public Information Office 
301‐763‐3030 
[email protected]
 

 
 

 

EXPLANATORY NOTES
Figures in text are adjusted for seasonality, but not for inflation. Figures on new and unfilled orders exclude
data for semiconductor manufacturing.
“Virtually unchanged” indicates that the change is less than 0.05 percent for a percent increase or decrease.
Description of the survey
This report is compiled from results of the U.S. Census Bureau’s Manufacturers’ Shipments, Inventories,
and Orders (M3) survey, which is a voluntary survey authorized by Title 13 of the United States Code. This
survey provides statistics on a calendar-month basis for manufacturers' value of shipments, new orders (net
of cancellations), end-of-month order backlog (unfilled orders), end-of-month total inventory (at current
cost or market value), and inventories by stage of fabrication (materials and supplies, work-in-process, and
finished goods). Data published from the M3 survey are based on a panel of approximately 5,000 reporting
units that represent approximately 3,100 companies and provide an indication of month-to-month change for
the Manufacturing Sector. These reporting units may be divisions of diversified large companies, large
homogenous companies, or single-unit manufacturers in 92 industry categories, which are combined into 65
publication levels due to the small monthly panel size. The survey methodology assumes that the month-tomonth changes of the total operations of the reporting units in the M3 panel effectively represent the monthto-month movements of all establishments that make up the category. The companies for which shipments
data are currently reported or imputed in the M3 survey represent approximately 64 percent of the total
value of shipments for manufacturing establishments in the 2012 Economic Census, and these companies
include almost two-thirds of the manufacturing companies with $500 million or more in shipments in the
2012 Economic Census. The companies for which shipments data are currently reported in the M3 survey
represent approximately 57 percent of the total value of shipments for manufacturing establishments in the
2012 Economic Census. Statistics based on the M3 panel differ from the results that would be obtained
from a complete enumeration of all manufacturing companies. The M3 panel is not based on a probability
sample; therefore, the sampling errors that are normally provided with sample surveys cannot be measured.
Nonsampling errors are attributable to many sources. The use of company or divisional reports to estimate
the monthly change for establishments is one source of nonsampling error. The use of primarily large
companies to represent the month-to-month movement of all companies is another potential source. Any
corrections will be published in the full report. Corrections received after the full report will be released in
the next month’s advance report. Any revisions made later than two months will be reflected in the annual
benchmark publication. Additional survey documentation can be found on our web site:
.

Data Inquiries 
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) 
301‐763‐4832  
[email protected] 
 

Media Inquiries 
Public Information Office 
301‐763‐3030 
[email protected]
 

 
 

 

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.
.

2018 Release Dates for the M3 Survey
Survey month
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18

Advance Report
(8:30 a.m. release time)
Wed 10/25/2017
Wed 11/22/2017
Fri 12/22/2017
Fri 1/26/2018
Tue 2/27/2018
Fri 3/23/2018
Thu 4/26/2018
Fri 5/25/2018
Wed 6/27/2018
Thu 7/26/2018
Fri 8/24/2018
Thu 9/27/2018
Thu 10/25/2018
Wed 11/21/2018
Fri 12/21/2018

Full Report
(10:00 a.m. release time)
Fri 11/3/2017
Mon 12/4/2017
Fri 1/5/2018
Fri 2/2/2018
Tue 3/6/2018
Wed 4/4/2018
Thu 5/3/2018
Mon 6/4/2018
Tue 7/3/2018
Thu 8/2/2018
Thu 9/6/2018
Thu 10/4/2018
Fri 11/2/2018
Thu 12/6/2018
Not available at this time

Source:
https://www.whitehouse.gov/sites/whitehouse.gov/files/omb/reports/pei_schedule_release_dates_2018_all_
v2.pdf

### 
 
Data Inquiries 
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) 
301‐763‐4832  
[email protected] 
 

Media Inquiries 
Public Information Office 
301‐763‐3030 
[email protected]
 

 
 

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
Monthly

Not Seasonally Adjusted

Percent Change

Year to date

Monthly

Industry

Aug.
2017r

July
2017

All manufacturing industries......…………
Excluding transportation……….………
Excluding defense…………...…..……….
With unfilled orders…………...…..……..

480,390
400,919
467,753
169,526

476,452
397,820
464,037
167,588

473,756
394,909
461,456
167,231

0.8
0.8
0.8
1.2

0.6
0.7
0.6
0.2

Durable goods industries………….…..…….

240,339

238,196

236,492

0.9

Wood products…………..……...….…………
Nonmetallic mineral products…….………….
Primary metals…………………….…………..
Iron and steel mills…………..……….….
Aluminum and nonferrous metals……….
Ferrous metal foundries………..…..…….
Fabricated metal products…….…………….
Machinery………………………………………
Farm machinery…..………….……………
Construction machinery…..………….…
Mining, oil field, and
gas field machinery………...…………..
Industrial machinery……….…………….
Photographic equipment….………………
Ventilation, heating, air-conditioning,
and refrigeration equipment…………
Metalworking machinery......……..…….
Turbines, generators, and other
power transmission equipment….…
Material handling equipment……………
Computers and electronic products2……….
Computers…………...…………………….
Computer storage devices……….………..
Other peripheral equipment……….……
Nondefense communications
equipment……………………….……..
Defense communications equipment….
Audio and video equipment……...………..
Electronic components…………..………..
Nondefense search and navigation
equipment……………….……...……….
Defense search and navigation
equipment…………..…………....…….
Electromedical, measuring,
and control instruments……..…...…
Electrical equipment, appliances,
and components………….….………………
Electric lighting equipment…..…..………..
Household appliances…………..……….
Electrical equipment………….……………
Batteries………………...…….……....…..
Transportation equipment………….………..
Automobiles……………………...……….
Light trucks and utility vehicles…………..
Heavy duty trucks ………...……………..
Motor vehicle bodies, parts,
and trailers………….…….....…………
Nondefense aircraft and parts…..………..
Defense aircraft and parts……...…...…
Ships and boats……..………….…….…..
Furniture and related products…….….…….
Miscellaneous durable goods……..………

9,252
10,668
19,613
9,253
9,079
1,281
32,402
32,110
2,769
2,052

9,119
10,556
19,655
9,249
9,118
1,288
32,182
31,599
2,821
2,103

9,013
10,522
19,341
9,216
8,846
1,279
31,796
31,032
2,689
2,073

1.5
1.1
-0.2
0.0
-0.4
-0.5
0.7
1.6
-1.8
-2.4

1,177
2,874
537

1,006
2,961
525

1,043
2,909
544

3,663
3,162

3,676
3,070

4,489
2,867
27,436
695
655
579

Nondurable goods industries…….…………..
Food products……….…………..……….…..
Grain and oilseed milling…….....….……..
Dairy products……………...……...…….
Meat, poultry, and seafood products…
Beverage and tobacco products…………….
Beverages………………..….…..…………
Tobacco……...……..…….………………..
Textile mills………………….…………………
Textile products………..……………………
Apparel……………………..……..…………..
Leather and allied products………………….
Paper products…………………….……..…..
Pulp, paper, and paperboard mills....…
Paperboard containers……..…………….
Printing…………………...………….…….…..
Petroleum and coal products………………
Petroleum refineries………...……..……
Chemical products……..……………..…………
Pesticides, fertilizers, and other
agricultural chemicals….…...………....
Pharmaceuticals and medicines………….
Paints, coatings, and adhesives…....…
Plastics and rubber products…...…………
p

% Change

Sep.
2017p

Aug. Sep.

July Aug.

June July

Sep.
2017

p

Aug.
2017r

July
2017

Sep.
2016

2017

p

2016

2017/
2016

0.2
0.2
0.2
0.5

495,631
411,401
481,697
178,827

499,958
416,500
487,590
175,441

450,898
385,827
440,126
153,659

476,622
391,254
463,469
171,995

4,268,359
3,561,753
4,159,828
1,498,321

4,078,102
3,374,172
3,976,545
1,435,104

4.7
5.6
4.6
4.4

0.7

0.1

252,384

250,506

216,044

244,404

2,128,852

2,059,218

3.4

1.2
0.3
1.6
0.4
3.1
0.7
1.2
1.8
4.9
1.4

-0.4
-0.5
0.3
0.5
0.4
-1.2
-0.4
-0.1
-0.3
3.1

9,535
11,263
19,745
9,259
9,111
1,375
33,581
32,811
2,587
2,026

9,772
11,943
20,958
9,936
9,625
1,397
34,742
31,886
2,600
2,072

9,186
10,767
18,478
8,876
8,418
1,184
30,646
29,045
2,561
1,919

8,971
11,095
18,042
8,225
8,408
1,409
31,326
30,685
2,257
1,849

83,577
95,953
176,442
82,945
81,622
11,875
287,478
280,646
24,960
18,253

77,287
93,954
159,984
74,677
72,892
12,415
268,231
270,219
23,130
17,664

8.1
2.1
10.3
11.1
12.0
-4.3
7.2
3.9
7.9
3.3

17.0
-2.9
2.3

-3.5
1.8
-3.5

2.6
2.5
-5.4

1,229
3,232
588

1,008
2,787
523

994
2,727
481

1,158
3,028
605

8,937
25,509
4,877

9,564
24,674
4,966

-6.6
3.4
-1.8

3,702
3,012

-0.4
3.0

-0.7
1.9

-1.1
-2.2

3,780
3,384

3,993
3,152

3,885
2,685

3,893
3,138

34,442
26,657

33,722
24,525

2.1
8.7

4,127
2,848
27,174
720
669
646

3,999
2,714
26,901
708
760
620

8.8
0.7
1.0
-3.5
-2.1
-10.4

3.2
4.9
1.0
1.7
-12.0
4.2

2.0
-3.4
1.1
0.4
11.1
14.0

4,434
2,901
30,543
796
997
671

4,222
3,054
27,368
699
532
599

3,793
2,522
25,262
698
493
559

3,608
2,725
28,678
825
863
678

35,999
24,988
237,749
6,479
6,039
5,021

33,826
23,557
227,080
6,428
5,885
5,283

6.4
6.1
4.7
0.8
2.6
-5.0

2,791
246
360
4,083

2,716
245
347
4,078

2,697
250
331
3,950

2.8
0.4
3.7
0.1

0.7
-2.0
4.8
3.2

-1.3
5.5
3.1
-0.7

3,515
274
347
4,324

2,544
255
330
4,487

2,373
224
283
4,025

3,364
296
268
4,159

24,382
2,147
2,718
36,316

23,593
2,253
2,484
34,537

3.3
-4.7
9.4
5.2

1,450

1,443

1,454

0.5

-0.8

1.5

1,611

1,488

1,267

1,537

12,870

11,894

8.2

2,641

2,614

2,598

1.0

0.6

0.8

2,808

2,656

2,437

2,640

23,017

21,673

6.2

9,166

9,078

9,039

1.0

0.4

5.2

10,639

8,937

8,310

9,774

78,262

75,112

4.2

10,138
1,059
1,580
2,652
925
79,471
8,133
16,046
2,624

10,045
1,055
1,544
2,676
927
78,632
8,235
16,011
2,654

9,993
1,055
1,529
2,601
922
78,847
7,786
15,671
2,581

0.9
0.4
2.3
-0.9
-0.2
1.1
-1.2
0.2
-1.1

0.5
0.0
1.0
2.9
0.5
-0.3
5.8
2.2
2.8

-1.6
-4.1
-1.9
-5.1
5.4
0.1
-0.8
-3.6
4.0

10,734
1,087
1,699
2,862
964
84,230
8,445
16,917
2,729

10,614
1,106
1,603
2,778
1,016
83,458
9,082
17,670
2,811

9,478
1,046
1,388
2,340
801
65,071
5,823
12,015
2,516

10,626
1,105
1,785
3,108
951
85,368
9,454
16,933
2,312

90,528
9,576
13,945
24,650
7,874
706,606
72,899
144,567
22,182

89,018
9,633
14,830
26,055
7,996
703,930
84,868
138,273
21,434

1.7
-0.6
-6.0
-5.4
-1.5
0.4
-14.1
4.6
3.5

27,617
12,471
3,981
2,985
6,519
12,730

27,693
11,481
4,054
3,003
6,588
12,646

27,159
12,999
4,065
3,086
6,510
12,537

-0.3
8.6
-1.8
-0.6
-1.0
0.7

2.0
-11.7
-0.3
-2.7
1.2
0.9

-1.4
8.0
-1.0
2.2
1.0
0.5

28,115
14,040
4,572
3,119
6,622
13,320

29,958
11,419
4,033
2,925
7,228
12,537

22,846
11,114
3,317
2,874
6,476
11,635

28,447
14,212
4,577
3,362
6,568
13,045

249,600
104,973
34,994
27,399
58,588
111,285

240,954
109,091
34,483
27,439
57,570
111,945

3.6
-3.8
1.5
-0.1
1.8
-0.6

240,051

238,256

237,264

0.8

0.4

0.3

243,247

249,452

234,854

232,218

2,139,507

2,018,884

6.0

68,838
7,604
9,515
19,939
12,696
8,992
3,704
2,629
2,216
1,029
380
16,158
6,652
5,397
6,240
44,916
40,828
65,062

68,885
7,629
9,605
19,985
13,128
9,158
3,970
2,654
2,189
1,037
378
16,227
6,657
5,501
6,254
42,772
38,767
64,938

69,242
7,576
9,815
19,999
13,207
9,315
3,892
2,643
2,206
1,064
385
15,916
6,603
5,360
6,282
41,407
37,350
65,043

-0.1
-0.3
-0.9
-0.2
-3.3
-1.8
-6.7
-0.9
1.2
-0.8
0.5
-0.4
-0.1
-1.9
-0.2
5.0
5.3
0.2

-0.5
0.7
-2.1
-0.1
-0.6
-1.7
2.0
0.4
-0.8
-2.5
-1.8
2.0
0.8
2.6
-0.4
3.3
3.8
-0.2

0.0
-0.6
-0.3
-1.9
-1.2
-1.6
-0.3
1.3
-0.7
0.8
0.8
0.5
0.6
-0.6
-0.1
2.6
2.6
0.0

70,442
7,549
9,629
20,166
13,073
9,369
3,704
2,648
2,198
1,077
378
16,281
6,698
5,422
6,461
45,045
40,493
65,459

70,599
8,080
9,912
20,432
13,688
9,718
3,970
2,800
2,295
1,163
381
17,071
6,980
5,871
6,525
46,423
41,541
67,447

66,372
7,140
9,545
19,852
13,215
9,323
3,892
2,598
2,250
1,086
369
15,724
6,638
5,261
5,839
44,431
39,914
63,332

66,780
7,269
9,638
18,699
14,029
10,463
3,566
2,532
2,117
1,065
376
15,700
6,610
5,397
7,130
36,574
32,573
65,172

608,665
66,428
87,032
177,080
118,753
85,077
33,676
23,944
20,113
9,119
3,469
142,795
59,466
48,847
56,654
384,303
347,701
590,171

577,904
64,398
82,707
166,573
120,560
90,217
30,343
22,897
19,719
8,722
3,436
139,801
59,173
47,284
61,098
305,779
273,265
576,759

5.3
3.2
5.2
6.3
-1.5
-5.7
11.0
4.6
2.0
4.6
1.0
2.1
0.5
3.3
-7.3
25.7
27.2
2.3

2,753
22,809
3,810
19,887

2,722
22,590
3,832
19,794

2,799
22,262
3,853
19,869

1.1
1.0
-0.6
0.5

-2.8
1.5
-0.5
-0.4

-2.8
1.0
1.4
-0.9

2,436
23,140
3,763
20,185

2,388
23,464
4,201
21,060

2,299
21,378
3,911
19,638

3,000
21,039
3,690
20,743

27,198
198,196
35,053
181,521

32,277
184,307
33,339
182,209

-15.7
7.5
5.1
-0.4

Preliminary
Revised data due to late receipts and concurrent seasonal adjustment.
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
.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report, November 3, 2017. Information on data sources and methodology can be found on our website at
.
r

1

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
Monthly

Not Seasonally Adjusted

Percent Change

Year to date

Monthly

Industry

% Change

Sep.
2017

Aug.
r
2017

July
2017

All manufacturing industries2......……….……..
Excluding transportation2……….…………
Excluding defense2…………...…..……….
2
With unfilled orders ………...…..…………

478,455
397,595
465,345
172,190

471,965
394,737
459,243
167,549

466,245
392,449
452,584
164,050

2
Durable goods industries ………….…..…….

238,404

233,709

Primary metals…………………….……………
Iron and steel mills…………..……….……
Aluminum and nonferrous metals……….
Ferrous metal foundries………..…..…….
Fabricated metal products…….……………..
Machinery………………………………………
Construction machinery…..……………….
Mining, oil field, and
gas field machinery………...…………..
Industrial machinery……….………………
Photographic equipment….……………….
Ventilation, heating, air-conditioning,
and refrigeration equipment……………
Metalworking machinery......……..………
Turbines, generators, and other
power transmission equipment….…….
Material handling equipment………………
2
Computers and electronic products ………..
Computers…………...…………………….
Nondefense communications
equipment……………………….…….…
Defense communications equipment…….
Electronic components…………..………..
Nondefense search and navigation
equipment……………….……...……….
Defense search and navigation
equipment…………..…………....…..…
Electromedical, measuring,
and control instruments……..…...…….
Electrical equipment, appliances,
and components………….….………………
Electric lighting equipment…..…..………..
Household appliances…………..…………
Electrical equipment………….……………
Transportation equipment……………………
Motor vehicle bodies, parts,
and trailers………….…….....………….
Nondefense aircraft and parts…..………..
Defense aircraft and parts……...….…….
Ships and boats……..………….………….
Furniture and related products…….….……..

19,631
9,293
9,003
1,335
33,311
31,886
2,298

19,886
9,532
8,992
1,362
32,760
31,856
2,282

1,180
2,832
538

p

Nondurable goods industries......……………

p

Aug. Sep.

July Aug.

June July

Sep.
2017

Aug.
r
2017

July
2017

Sep.
2016

2017

p

p

2016

2017/
2016

1.4
0.7
1.3
2.8

1.2
0.6
1.5
2.1

-3.3
0.5
-3.7
-9.1

490,942
406,531
476,537
178,510

486,891
409,459
476,595
167,035

443,570
382,800
432,552
150,768

466,021
385,424
452,498
165,434

4,232,630
3,538,073
4,126,845
1,501,584

4,008,341
3,344,016
3,910,292
1,401,446

5.6
5.8
5.5
7.1

228,981

2.0

2.1

-6.8

247,695

237,439

208,716

233,803

2,093,123

1,989,457

5.2

19,635
9,516
8,777
1,342
32,620
31,854
2,294

-1.3
-2.5
0.1
-2.0
1.7
0.1
0.7

1.3
0.2
2.4
1.5
0.4
0.0
-0.5

0.8
1.0
1.0
-2.1
0.7
0.2
12.9

18,975
8,676
8,960
1,339
33,841
31,699
2,187

20,732
9,950
9,371
1,411
34,395
31,979
2,175

18,870
9,122
8,475
1,273
31,578
29,885
1,972

17,382
7,718
8,237
1,427
29,965
29,832
1,545

177,135
83,573
81,404
12,158
294,242
284,790
18,996

159,867
75,185
71,989
12,693
269,278
267,680
15,663

10.8
11.2
13.1
-4.2
9.3
6.4
21.3

1,002
3,087
482

1,083
2,776
487

17.8
-8.3
11.6

-7.5
11.2
-1.0

3.7
-0.7
-10.3

1,242
3,046
602

1,060
2,845
513

1,076
2,649
445

1,080
2,754
642

9,064
25,702
4,673

7,713
23,646
4,934

17.5
8.7
-5.3

3,629
2,930

3,702
3,030

3,702
3,212

-2.0
-3.3

0.0
-5.7

-3.0
4.9

3,708
3,020

3,904
3,148

3,825
2,938

3,826
3,043

34,941
26,517

33,689
25,332

3.7
4.7

4,194
2,921
23,459
729

4,048
2,944
23,014
750

4,040
3,142
22,550
749

3.6
-0.8
1.9
-2.8

0.2
-6.3
2.1
0.1

-0.6
1.0
2.4
0.1

3,961
2,985
27,525
830

4,097
3,016
21,545
729

3,948
2,695
20,718
739

3,595
2,877
25,513
816

35,800
26,518
201,205
6,710

34,212
23,996
195,325
6,416

4.6
10.5
3.0
4.6

3,160
244
4,137

3,008
256
4,158

2,787
251
3,993

5.1
-4.7
-0.5

7.9
2.0
4.1

-0.3
-2.0
1.3

4,014
285
4,275

2,475
254
4,578

2,426
214
4,165

3,636
298
4,115

26,186
2,247
36,742

25,380
2,282
34,721

3.2
-1.5
5.8

1,608

1,615

1,525

-0.4

5.9

1.5

1,886

1,513

1,437

1,590

13,778

12,584

9.5

2,575

2,485

2,521

3.6

-1.4

3.2

3,004

2,232

2,100

2,856

22,030

22,597

-2.5

9,241

8,910

8,849

3.7

0.7

2.6

11,027

8,123

8,146

10,159

78,228

75,858

3.1

10,158
1,066
1,586
2,647
80,860

10,084
1,078
1,604
2,712
77,228

9,885
1,075
1,534
2,490
73,796

0.7
-1.1
-1.1
-2.4
4.7

2.0
0.3
4.6
8.9
4.7

1.9
-3.9
-2.0
4.1
-19.6

10,622
1,099
1,730
2,728
84,411

10,490
1,082
1,655
2,775
77,432

8,911
1,030
1,350
2,243
60,770

10,778
1,169
1,823
3,061
80,597

90,880
9,742
14,048
24,519
694,557

91,017
9,698
14,853
26,315
664,325

-0.2
0.5
-5.4
-6.8
4.6

27,774
12,684
3,850
4,339
6,475

27,751
9,699
3,756
3,258
6,546

27,066
7,267
5,429
3,015
6,555

0.1
30.8
2.5
33.2
-1.1

2.5
33.5
-30.8
8.1
-0.1

-2.2
-71.1
45.7
-2.1
1.3

28,334
13,305
3,500
4,627
6,530

30,107
7,002
2,823
2,476
6,600

22,697
7,103
4,355
2,169
6,382

28,344
9,705
2,903
3,069
6,655

250,547
95,337
35,694
26,336
59,463

239,591
76,305
34,913
21,982
58,763

4.6
24.9
2.2
19.8
1.2

240,051

238,256

237,264

0.8

0.4

0.3

243,247

249,452

234,854

232,218

2,139,507

2,018,884

6.0

Preliminary
Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments
and new orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal
variation, based on the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.
2
Data on new orders are not available for the semiconductor industry. Estimates and percent changes for new orders exclude semiconductor industry data.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage,
response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see
.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report, November 3, 2017. Information on data sources and methodology can be found on our
website at .
r

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
September

Industry

Sep.
2017p

Aug.
2017r

All manufacturing industries2......……….……
2
Excluding transportation ……….…………
Excluding defense2…………...…..………

1,134,990
363,064
956,198

1,132,326
361,789
954,007

1,132,365
360,424
954,353

0.2
0.4
0.2

0.0
0.4
0.0

Durable goods industries2………….…..……

1,134,990

1,132,326

1,132,365

0.2

30,612
15,421
10,825
4,366
80,261
100,826
5,923

30,594
15,381
10,901
4,312
79,352
101,050
5,677

30,363
15,098
11,027
4,238
78,774
100,793
5,498

0.1
0.3
-0.7
1.3
1.1
-0.2
4.3

5,193
8,186
1,208

5,190
8,228
1,207

5,194
8,102
1,250

6,085
7,910

6,119
8,142

29,428
12,766
118,617
1,920

Primary metals…………………….……………
Iron and steel mills…………..……….…….
Aluminum and nonferrous metals………….
Ferrous metal foundries………..…..……..
Fabricated metal products…….………………
Machinery……………………………………….
Construction machinery…..………………..
Mining, oil field, and
gas field machinery………...…………..
Industrial machinery……….……………….
Photographic equipment….………………..
Ventilation, heating, air-conditioning,
and refrigeration equipment…………….
Metalworking machinery......……..……….
Turbines, generators, and other
power transmission equipment….……..
Material handling equipment……………….
2
Computers and electronic products ………….
Computers…………...……………………..
Nondefense communications
equipment……………………….…….…
Defense communications equipment……..
Electronic components…………..…………
Nondefense search and navigation
equipment……………….……...………..
Defense search and navigation
equipment…………..…………....…..….
Electromedical, measuring,
and control instruments……..…...……..
Electrical equipment, appliances,
and components………….….……………….
Electric lighting equipment…..…..………..
Household appliances…………..………….
Electrical equipment………….…………….
Transportation equipment…………………….
Motor vehicle bodies, parts,
and trailers………….…….....…………..
Nondefense aircraft and parts…..………..
Defense aircraft and parts……...….……..
Ships and boats……..………….………….
Furniture and related products…….….……..

p

July
2017

Aug. Sep.

July Aug.

June July

Sep.
p
2017

Aug.
2017r

July
2017

Sep.
2016

2017/
2016

-0.3
0.5
-0.5

1,126,005
359,975
948,863

1,126,322
360,473
949,651

1,134,728
362,853
955,985

1,110,279
344,759
937,523

1.4
4.4
1.2

0.0

-0.3

1,126,005

1,126,322

1,134,728

1,110,279

1.4

0.8
1.9
-1.1
1.7
0.7
0.3
3.3

1.0
2.0
-0.6
1.5
1.1
0.8
4.2

29,635
14,825
10,566
4,244
80,023
99,793
5,497

30,405
15,408
10,717
4,280
79,763
100,905
5,336

30,631
15,394
10,971
4,266
80,110
100,812
5,233

27,462
13,218
10,572
3,672
74,939
96,386
4,254

7.9
12.2
-0.1
15.6
6.8
3.5
29.2

0.1
-0.5
0.1

-0.1
1.6
-3.4

0.8
-1.6
-4.4

5,234
8,062
1,187

5,221
8,248
1,173

5,169
8,190
1,183

5,318
8,464
1,268

-1.6
-4.7
-6.4

6,093
8,182

-0.6
-2.8

0.4
-0.5

0.0
2.5

5,977
7,869

6,049
8,233

6,138
8,237

5,574
8,256

7.2
-4.7

29,723
12,712
117,995
1,886

29,802
12,616
117,707
1,856

-1.0
0.4
0.5
1.8

-0.3
0.8
0.2
1.6

0.1
3.5
0.0
2.3

29,378
12,709
118,356
1,920

29,851
12,625
117,002
1,886

29,976
12,663
118,164
1,856

29,811
10,958
115,177
1,667

-1.5
16.0
2.8
15.2

26,175
1,620
11,565

25,806
1,622
11,511

25,514
1,611
11,431

1.4
-0.1
0.5

1.1
0.7
0.7

0.4
0.1
0.4

26,020
1,657
11,491

25,521
1,646
11,540

25,590
1,647
11,449

23,668
1,633
11,049

9.9
1.5
4.0

18,801

18,643

18,471

0.8

0.9

0.4

18,868

18,593

18,568

17,824

5.9

26,930

26,996

27,125

-0.2

-0.5

-0.3

26,916

26,720

27,144

28,293

-4.9

31,606

31,531

31,699

0.2

-0.5

-0.6

31,484

31,096

31,910

31,043

1.4

22,370
1,608
1,176
8,153
771,926

22,350
1,601
1,170
8,158
770,537

22,311
1,578
1,110
8,122
771,941

0.1
0.4
0.5
-0.1
0.2

0.2
1.5
5.4
0.4
-0.2

-0.5
1.3
0.5
-1.3
-0.7

21,989
1,597
1,162
8,020
766,030

22,101
1,585
1,131
8,154
765,849

22,225
1,609
1,079
8,157
771,875

20,841
1,521
1,008
8,096
765,520

5.5
5.0
15.3
-0.9
0.1

23,992
578,095
73,589
25,055
9,640

23,835
577,882
73,720
23,701
9,684

23,777
579,664
74,018
23,446
9,726

0.7
0.0
-0.2
5.7
-0.5

0.2
-0.3
-0.4
1.1
-0.4

-0.4
-1.0
1.9
-0.3
0.5

23,847
574,143
72,100
24,568
9,441

23,628
574,878
73,172
23,060
9,533

23,479
579,295
74,382
23,509
10,161

22,948
577,507
67,514
21,734
9,238

3.9
-0.6
6.8
13.0
2.2

Preliminary
Revised data due to late receipts and concurrent seasonal adjustment.
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 .
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report, November 3, 2017. Information on data sources and methodology can be found on
our website at .
r

1

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
September

Industry

Sep.
p
2017

July
2017

Aug. Sep.

All manufacturing industries......…………….
Excluding transportation……….…………..
Excluding defense…………...…..………
With unfilled orders…………...…..………

660,752
529,757
633,193
328,284

656,323
526,291
628,639
326,145

652,659
522,853
625,169
324,483

Durable goods industries………….…..……

403,920

401,323

399,312

0.6

11,783
13,507
33,720
18,871
12,835
2,014
50,406
69,724
3,898
5,359

11,774
13,450
33,499
18,829
12,662
2,008
50,065
69,165
3,770
5,251

11,782
13,356
33,304
18,807
12,503
1,994
49,745
68,500
3,704
5,238

0.1
0.4
0.7
0.2
1.4
0.3
0.7
0.8
3.4
2.1

7,690
7,937
1,382

7,709
7,842
1,413

7,773
7,772
1,386

-0.2
1.2
-2.2

5,202
5,855

5,204
5,842

5,120
5,810

10,105
5,256
45,146
1,756
1,424
1,213

10,047
5,193
44,876
1,711
1,475
1,176

3,981
554
604
7,969
3,153

Wood products…………..……...….………….
Nonmetallic mineral products…….…………..
Primary metals…………………….…………….
Iron and steel mills…………..……….…….
Aluminum and nonferrous metals…………
Ferrous metal foundries………..…..……..
Fabricated metal products…….………………
Machinery……………………………………….
Farm machinery…..………….…………….
Construction machinery…..………….…….
Mining, oil field,
and gas field machinery………...……..
Industrial machinery……….……………….
Photographic equipment….……………….
Ventilation, heating, air-conditioning,
and refrigeration equipment……………
Metalworking machinery......……..……….
Turbines, generators, and other
power transmission equipment….……..
Material handling equipment………………
Computers and electronic products2…………
Computers…………...……………………..
Computer storage devices……….……….
Other peripheral equipment……….………
Nondefense communications
equipment……………………….……….
Defense communications equipment……..
Audio and video equipment……...………..
Electronic components…………..…………
Nondefense search and navigation
equipment……………….……...……….
Defense search and navigation
equipment…………..…………....…..….
Electromedical, measuring
and control instruments……..…......…..
Electrical equipment, appliances,
and components………….….……………….
Electric lighting equipment…..…..………..
Household appliances…………..………….
Electrical equipment………….…………….
Batteries………………...…….……....……
Transportation equipment………….…………
Automobiles……………………...…………
Light trucks and utility vehicles…………..
Heavy duty trucks ………...……………….
Motor vehicle bodies, parts,
and trailers………….…….....……….….
Nondefense aircraft and parts…..………..
Defense aircraft and parts……...…...……
Ships and boats……..………….…….……
Furniture and related products…….….………
Miscellaneous durable goods……..………….

p

Aug.
r
2017

0.7
0.7
0.7
0.7

July Aug.
0.6
0.7
0.6
0.5

June July

Sep.
2017p

Aug.
r
2017

July
2017

Sep.
2016

2017/
2016

0.4
0.3
0.3
0.4

660,371
529,670
632,836
327,653

660,704
530,320
633,016
329,123

656,270
526,114
628,638
326,870

636,647
506,432
610,583
317,223

3.7
4.6
3.6
3.3

0.5

0.5

402,720

404,696

401,877

388,903

3.6

-0.1
0.7
0.6
0.1
1.3
0.7
0.6
1.0
1.8
0.2

0.4
0.9
0.7
0.6
0.7
1.7
0.8
0.1
1.0
0.2

11,666
13,299
33,879
19,125
12,794
1,960
50,258
69,642
3,623
5,427

11,668
13,390
33,715
18,978
12,724
2,013
50,227
70,087
3,563
5,241

11,617
13,426
33,626
19,009
12,620
1,997
50,225
68,854
3,559
5,207

11,073
12,888
31,218
17,693
11,661
1,864
47,730
65,792
3,089
5,475

5.4
3.2
8.5
8.1
9.7
5.2
5.3
5.9
17.3
-0.9

-0.8
0.9
1.9

0.3
-0.5
1.0

7,661
8,006
1,382

7,853
7,928
1,461

7,770
7,680
1,407

7,630
7,338
1,380

0.4
9.1
0.1

0.0
0.2

1.6
0.6

0.9
0.7

5,053
5,923

5,210
5,948

5,170
5,840

4,635
5,717

9.0
3.6

9,906
5,116
44,636
1,684
1,508
1,163

0.6
1.2
0.6
2.6
-3.5
3.1

1.4
1.5
0.5
1.6
-2.2
1.1

-1.7
2.5
0.3
-2.0
2.0
1.0

10,171
5,424
44,655
1,813
1,384
1,161

10,403
5,404
45,889
1,805
1,554
1,212

10,152
5,255
45,206
1,780
1,535
1,170

9,128
4,799
43,020
1,684
1,375
1,091

11.4
13.0
3.8
7.7
0.7
6.4

4,045
598
623
7,871

4,058
586
646
7,836

-1.6
-7.4
-3.0
1.2

-0.3
2.0
-3.6
0.4

0.0
1.4
-2.0
-0.2

3,903
554
663
7,847

4,180
598
663
7,912

4,047
586
649
7,980

3,872
544
630
7,355

0.8
1.8
5.2
6.7

3,134

3,124

0.6

0.3

0.3

3,158

3,188

3,164

3,076

2.7
0.7

3,133

3,111

3,096

0.7

0.5

0.5

3,045

3,157

3,157

3,024

14,627

14,506

14,494

0.8

0.1

0.2

14,439

14,943

14,705

14,384

0.4

17,795
2,188
2,436
4,914
1,782
130,995
4,503
3,841
2,138

17,725
2,179
2,435
4,868
1,755
130,032
4,462
3,744
2,134

17,640
2,156
2,428
4,867
1,755
129,806
4,413
3,795
2,138

0.4
0.4
0.0
0.9
1.5
0.7
0.9
2.6
0.2

0.5
1.1
0.3
0.0
0.0
0.2
1.1
-1.3
-0.2

0.0
0.0
0.7
0.5
-1.5
0.6
-1.1
3.5
0.1

17,613
2,191
2,453
4,662
1,848
130,701
4,525
3,930
2,041

18,065
2,201
2,541
4,949
1,844
130,384
4,559
3,825
2,117

17,948
2,212
2,492
4,936
1,842
130,156
4,537
3,950
2,135

16,899
2,070
2,384
4,647
1,836
130,215
4,455
3,927
1,719

4.2
5.8
2.9
0.3
0.7
0.4
1.6
0.1
18.7

24,670
66,713
13,224
3,519
7,816
23,028

24,411
66,041
13,428
3,387
7,769
22,968

24,427
65,925
13,143
3,471
7,710
22,833

1.1
1.0
-1.5
3.9
0.6
0.3

-0.1
0.2
2.2
-2.4
0.8
0.6

1.4
-0.5
3.3
4.6
0.1
0.1

24,597
66,342
13,265
3,565
7,803
23,204

24,592
65,862
13,469
3,335
7,946
23,325

24,657
65,589
13,181
3,456
7,907
22,912

24,792
67,611
11,831
3,351
7,314
22,754

-0.8
-1.9
12.1
6.4
6.7
2.0

Nondurable goods industries…….……………

256,832

255,000

253,347

0.7

0.7

0.3

257,651

256,008

254,393

247,744

4.0

Food products……….…………..……….……
Grain and oilseed milling…….....….………
Dairy products……………...……...………
Meat, poultry, and seafood products…….
Beverage and tobacco products…………….
Beverages………………..….…..…………
Tobacco……...……..…….………………..
Textile mills………………….………………….
Textile products………..………………………
Apparel……………………..……..……………
Leather and allied products…………………..
Paper products…………………….……..……
Pulp, paper, and paperboard mills....…….
Paperboard containers……..……………..
Printing…………………...………….…….……
Petroleum and coal products…………………
Petroleum refineries………...……..………
Chemical products……..……………..…………
Pesticides, fertilizers, and other
agricultural chemicals….…...……….….
Pharmaceuticals and medicines…………..
Paints, coatings, and adhesives…....…….
Plastics and rubber products…...……………

55,490
5,429
8,311
9,307
23,302
18,980
4,322
3,267
3,432
2,074
790
15,555
6,185
4,918
5,426
38,630
33,980
83,106

55,527
5,579
8,281
9,313
23,380
19,063
4,317
3,255
3,428
2,022
797
15,587
6,225
4,923
5,396
36,807
32,215
83,116

55,651
5,641
8,292
9,304
23,485
19,154
4,331
3,248
3,418
1,997
802
15,638
6,224
4,954
5,406
35,058
30,471
83,160

-0.1
-2.7
0.4
-0.1
-0.3
-0.4
0.1
0.4
0.1
2.6
-0.9
-0.2
-0.6
-0.1
0.6
5.0
5.5
0.0

-0.2
-1.1
-0.1
0.1
-0.4
-0.5
-0.3
0.2
0.3
1.3
-0.6
-0.3
0.0
-0.6
-0.2
5.0
5.7
-0.1

-0.6
-0.5
0.5
-1.1
-0.4
-0.4
-0.5
0.5
0.3
-0.9
0.3
0.4
-0.1
1.4
0.0
2.4
2.8
0.0

56,305
5,217
8,311
9,266
23,363
19,105
4,258
3,279
3,434
2,159
799
15,540
6,134
4,900
5,479
39,232
34,671
82,437

56,042
5,352
8,445
9,456
22,843
18,809
4,034
3,278
3,435
2,132
823
15,634
6,203
4,919
5,514
37,054
32,435
83,661

55,170
5,401
8,543
9,387
22,686
18,654
4,032
3,276
3,407
2,105
821
15,733
6,237
4,967
5,435
36,314
31,657
83,991

55,607
5,259
7,710
9,037
23,383
19,010
4,373
3,180
3,301
2,254
806
15,563
6,207
4,836
5,533
31,768
27,288
81,484

1.3
-0.8
7.8
2.5
-0.1
0.5
-2.6
3.1
4.0
-4.2
-0.9
-0.1
-1.2
1.3
-1.0
23.5
27.1
1.2

4,143
34,828
3,935
25,760

4,198
34,757
3,896
25,685

4,233
34,668
3,869
25,484

-1.3
0.2
1.0
0.3

-0.8
0.3
0.7
0.8

-0.8
0.4
0.2
0.8

3,870
34,586
3,852
25,624

4,005
35,014
3,849
25,592

3,960
35,106
3,908
25,455

3,863
34,844
3,598
24,865

0.2
-0.7
7.1
3.1

Preliminary
r Revised data due to late receipts and concurrent seasonal adjustment.
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new
orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on
the results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.
2
Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and
nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see
.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report, November 3, 2017. Information on data sources and methodology can be found on our website at
.
1

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
Monthly

Not Seasonally Adjusted

Percent Change

Monthly

Year to date
6

% Change

Industry

Sep.
2017

p

Aug.
2017

r

July
2017

Aug. Sep.

July Aug.

June July

Sep.
2017

p

Aug.
2017

r

July
2017

Sep.
2016

2017

p

2017/
2016

2016

SHIPMENTS
All manufacturing industries…………..…..

480,390

476,452

473,756

0.8

0.6

0.2

495,631

499,958

450,898

476,622

4,268,359

4,078,102

4.7

Construction materials and supplies…….
Information technology………….…………
Computers and related products………..
Motor vehicle and parts…………………….

50,072
23,213
1,929
54,420

49,701
23,016
2,035
54,593

49,393
23,051
2,088
53,197

0.7
0.9
-5.2
-0.3

0.6
-0.2
-2.5
2.6

-0.7
2.8
8.0
-1.7

51,821
26,557
2,464
56,206

54,798
22,854
1,830
59,521

50,009
21,184
1,750
43,200

49,902
24,761
2,366
57,146

451,881
201,801
17,539
489,248

431,916
191,910
17,596
485,529

4.6
5.2
-0.3
0.8

Capital goods……….……………...…..…..
3
Nondefense capital goods ………………
Excluding aircraft…….………………….
4
Defense capital goods ……….…….…….

84,296
73,719
65,383
10,577

82,342
71,915
64,780
10,427

82,923
72,612
63,942
10,311

2.4
2.5
0.9
1.4

-0.7
-1.0
1.3
1.1

2.2
2.0
1.0
3.2

91,381
79,772
69,982
11,609

82,881
72,493
65,243
10,388

75,824
66,701
59,432
9,123

86,297
75,587
65,753
10,710

727,940
637,035
569,972
90,905

704,272
621,021
551,380
83,251

3.4
2.6
3.4
9.2

Consumer goods………………..…………..
Consumer durable goods……...…………
Consumer nondurable goods…………….

199,090
37,477
161,613

197,345
37,595
159,750

195,100
36,693
158,407

0.9
-0.3
1.2

1.2
2.5
0.8

0.3
-1.8
0.8

202,935
39,207
163,728

206,744
40,196
166,548

187,129
29,955
157,174

190,480
40,399
150,081

1,754,691
336,550
1,418,141

1,638,422
343,173
1,295,249

7.1
-1.9
9.5

NEW ORDERS
All manufacturing industries5…………..…..

478,455

471,965

466,245

1.4

1.2

-3.3

490,942

486,891

443,570

466,021

4,232,630

4,008,341

5.6

Construction materials and supplies…….
Information technology………….…………
Computers and related products………..
Motor vehicle and parts…………………….

50,627
23,794
1,963
54,577

50,070
23,101
2,065
54,651

49,786
22,908
2,129
53,104

1.1
3.0
-4.9
-0.1

0.6
0.8
-3.0
2.9

-0.2
2.4
7.7
-2.1

51,972
27,953
2,498
56,425

54,336
21,442
1,860
59,670

50,398
20,485
1,791
43,051

49,181
25,814
2,357
57,043

456,644
203,833
17,770
490,195

433,058
197,693
17,584
484,166

5.4
3.1
1.1
1.2

Capital goods……….……………...…..…..
3
Nondefense capital goods ………………
Excluding aircraft…….………………….
4
Defense capital goods ……….…….…….

86,432
75,132
66,259
11,300

81,612
70,600
65,132
11,012

79,638
67,861
64,258
11,777

5.9
6.4
1.7
2.6

2.5
4.0
1.4
-6.5

-16.0
-19.7
1.3
15.3

91,839
78,958
70,130
12,881

75,781
66,793
63,651
8,988

73,372
63,394
59,278
9,978

82,146
69,995
65,116
12,151

725,989
637,581
576,494
88,408

675,303
593,817
554,985
81,486

7.5
7.4
3.9
8.5

Consumer goods………………..…………..
Consumer durable goods……...…………
Consumer nondurable goods…………..

199,035
37,422
161,613

197,434
37,684
159,750

195,183
36,776
158,407

0.8
-0.7
1.2

1.2
2.5
0.8

0.3
-1.6
0.8

202,996
39,268
163,728

206,759
40,211
166,548

187,189
30,015
157,174

190,624
40,543
150,081

1,754,934
336,793
1,418,141

1,638,702
343,453
1,295,249

7.1
-1.9
9.5

UNFILLED ORDERS
5

1,134,990

1,132,326

1,132,365

0.2

0.0

-0.3

1,126,005

1,126,322

1,134,728

1,110,279

(X)

(X)

1.4

Construction materials and supplies…….
Information technology………….…………
Computers and related products………..
Motor vehicle and parts…………………….

53,566
119,693
1,920
23,992

53,011
119,112
1,886
23,835

52,642
119,027
1,856
23,777

1.0
0.5
1.8
0.7

0.7
0.1
1.6
0.2

0.8
-0.1
2.3
-0.4

53,438
119,262
1,920
23,847

53,287
117,866
1,886
23,628

53,749
119,278
1,856
23,479

49,599
115,612
1,667
22,948

(X)
(X)
(X)
(X)

(X)
(X)
(X)
(X)

7.7
3.2
15.2
3.9

Capital goods……….……………...…..…..
3
Nondefense capital goods ………………
Excluding aircraft…….………………….
Defense capital goods4……….…….…….

848,441
704,835
227,798
143,606

846,305
703,422
226,922
142,883

847,035
704,737
226,570
142,298

0.3
0.2
0.4
0.5

-0.1
-0.2
0.2
0.4

-0.4
-0.7
0.1
1.0

842,226
699,235
226,087
142,991

841,768
700,049
225,939
141,719

848,868
705,749
227,531
143,119

831,303
691,732
220,269
139,571

(X)
(X)
(X)
(X)

(X)
(X)
(X)
(X)

1.3
1.1
2.6
2.5

Consumer goods………………..…………..
Consumer durable goods……...…………

5,391
5,391

5,446
5,446

5,357
5,357

-1.0
-1.0

1.7
1.7

1.6
1.6

5,247
5,247

5,186
5,186

5,171
5,171

5,056
5,056

(X)
(X)

(X)
(X)

3.8
3.8

All manufacturing industries …………..…..

TOTAL INVENTORIES
All manufacturing industries…………..…..

X

660,752

656,323

652,659

0.7

0.6

0.4

660,371

660,704

656,270

636,647

(X)

(X)

3.7

Construction materials and supplies…….
Information technology………….…………
Computers and related products………..
Motor vehicle and parts…………………….

68,020
38,532
4,393
35,152

67,660
38,490
4,362
34,751

67,191
38,385
4,355
34,773

0.5
0.1
0.7
1.2

0.7
0.3
0.2
-0.1

0.7
0.1
0.1
1.2

67,527
38,188
4,358
35,093

67,632
39,502
4,571
35,093

67,523
38,869
4,485
35,279

64,297
37,257
4,150
34,893

(X)
(X)
(X)
(X)

(X)
(X)
(X)
(X)

5.0
2.5
5.0
0.6

Capital goods……….……………...…..…..
Nondefense capital goods3………………
Excluding aircraft…….………………….
Defense capital goods4……….…….…….

203,253
179,857
124,631
23,396

202,047
178,565
123,844
23,482

200,851
177,638
123,206
23,213

0.6
0.7
0.6
-0.4

0.6
0.5
0.5
1.2

0.3
-0.1
0.1
3.5

202,451
179,120
124,250
23,331

204,026
180,581
126,102
23,445

201,807
178,490
124,326
23,317

196,411
175,160
118,945
21,251

(X)
(X)
(X)
(X)

(X)
(X)
(X)
(X)

3.1
2.3
4.5
9.8

Consumer goods………………..…………..
Consumer durable goods……...…………
Consumer nondurable goods…………….

196,978
29,848
167,130

195,063
29,703
165,360

193,345
29,596
163,749

1.0
0.5
1.1

0.9
0.4
1.0

0.3
0.4
0.3

198,621
30,045
168,576

196,351
30,301
166,050

194,187
29,887
164,300

190,028
29,298
160,730

(X)
(X)
(X)

(X)
(X)
(X)

4.5
2.5
4.9

Not Applicable
Preliminary
Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders
include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of
the latest annual review of the model parameters. Estimates are not adjusted for price changes.
2
Topical series are regroupings of the separate industry categories.
3
Nondefense capital goods industries include: small arms and ordnance; farm machinery and equipment; construction machinery; mining, oil, and gas field machinery; industrial machinery; vending, laundry, and other
machinery; photographic equipment; metalworking machinery; turbines and generators; other power transmission equipment; pumps and compressors; material handling equipment; all other machinery; electronic computers;
computer storage devices; other computer peripheral equipment; communications equipment; search and navigation equipment; electromedical, measuring, and control instruments; electrical equipment; other electrical
equipment, appliances, and components; heavy duty trucks; aircraft; railroad rolling stock; ships and boats; office and institutional furniture; and medical equipment and supplies.
4
Defense capital goods industries include: small arms and ordnance; communications equipment; aircraft; missiles, space vehicles, and parts; ships and boats; and search and navigation equipment.
5
Estimates and percent changes exclude semiconductor industry data.
6
Based on year-to-date for shipments and new orders, but on same month prior year for unfilled orders and inventories.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and
nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see
.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report, November 3, 2017. Information on data sources and methodology can be found on our website at
.
p
r

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
September

Industry

Sep.
2017p

Aug.
2017r

July
2017

Aug. Sep.

July Aug.

June July

Sep.
2017p

Aug.
2017r

July
2017

Sep.
2016

2017/
2016

MATERIALS AND SUPPLIES
All manufacturing industries..........……..…..

226,640

223,844

222,241

1.2

0.7

0.0

226,385

224,326

223,202

216,673

4.5

Durable goods industries.....................…..
Wood products…………..…………………
Nonmetallic mineral products……………..
Primary metals……………….…..…………
Fabricated metal products……………………
Machinery……………………………………
Computers and electronic products……..
Electrical equipment, appliances,
and components………………………….
Transportation equipment…………………
Furniture and related products……………
Miscellaneous products………...………….

136,506
4,829
5,513
12,702
18,639
24,559
18,607

135,430
4,856
5,488
12,726
18,334
24,326
18,122

134,923
4,925
5,448
12,668
18,206
23,998
17,947

0.8
-0.6
0.5
-0.2
1.7
1.0
2.7

0.4
-1.4
0.7
0.5
0.7
1.4
1.0

0.1
0.7
-0.3
0.4
0.5
0.2
-1.1

136,838
4,948
5,489
12,910
18,694
24,640
18,421

136,468
4,890
5,493
12,808
18,468
24,657
18,288

135,780
4,859
5,466
12,682
18,350
24,398
18,095

131,615
4,664
5,342
11,937
17,869
23,918
17,320

4.0
6.1
2.8
8.2
4.6
3.0
6.4

7,003
33,069
3,745
7,840

6,961
33,047
3,782
7,788

6,933
33,284
3,758
7,756

0.6
0.1
-1.0
0.7

0.4
-0.7
0.6
0.4

-2.4
0.7
0.5
0.1

6,913
33,209
3,736
7,878

7,039
33,062
3,814
7,949

7,020
33,268
3,793
7,849

6,827
32,386
3,570
7,782

1.3
2.5
4.6
1.2

Nondurable goods industries..............……..
Food products...…...........………..……..
Beverage and tobacco products...................
Textiles.............….....…...…….......……
Textile products……..………..…………….
Apparel……………….……………………..
Leather and allied products…….………….
Paper products..…………..….….....……..
Printing ………….………………...………..
Petroleum and coal products……………..
Chemical products…………………..………
Plastics and rubber products……..….……

90,134
19,441
5,771
1,146
1,267
508
222
7,734
2,614
12,046
28,924
10,461

88,414
19,426
5,744
1,139
1,268
506
221
7,692
2,620
10,611
28,855
10,332

87,318
19,337
5,774
1,130
1,266
516
223
7,715
2,614
9,739
28,720
10,284

1.9
0.1
0.5
0.6
-0.1
0.4
0.5
0.5
-0.2
13.5
0.2
1.2

1.3
0.5
-0.5
0.8
0.2
-1.9
-0.9
-0.3
0.2
9.0
0.5
0.5

-0.1
-0.8
-0.4
0.0
0.9
-0.8
0.9
0.6
0.5
0.8
-0.5
0.5

89,547
19,108
5,696
1,142
1,271
520
226
7,733
2,642
12,099
28,644
10,466

87,858
19,132
5,555
1,151
1,272
514
229
7,714
2,659
10,342
28,921
10,369

87,422
19,055
5,567
1,135
1,265
528
229
7,730
2,647
9,995
28,959
10,312

85,058
19,000
5,947
1,114
1,284
596
237
7,762
2,691
9,216
26,860
10,351

5.3
0.6
-4.2
2.5
-1.0
-12.8
-4.6
-0.4
-1.8
31.3
6.6
1.1

WORK IN PROCESS
All manufacturing industries..........……..…..

205,485

203,713

202,138

0.9

0.8

0.8

204,340

204,725

203,062

195,445

4.6

Durable goods industries.....................…..
Wood products…………..…………………
Nonmetallic mineral products……………..
Primary metals……………….…..…………
Fabricated metal products……………………
Machinery……………………………………
Computers and electronic products……..
Electrical equipment, appliances,
and components………………………….
Transportation equipment…………………
Furniture and related products……………
Miscellaneous products………...………….

152,765
1,998
1,499
9,872
13,363
21,293
13,839

151,506
1,953
1,472
9,698
13,214
21,220
13,961

150,548
1,911
1,479
9,621
13,188
21,010
13,975

0.8
2.3
1.8
1.8
1.1
0.3
-0.9

0.6
2.2
-0.5
0.8
0.2
1.0
-0.1

0.5
0.6
1.2
2.2
0.4
0.0
0.3

152,004
1,979
1,464
9,866
13,408
21,298
13,495

152,730
1,923
1,464
9,873
13,323
21,670
14,310

151,518
1,882
1,495
9,814
13,340
21,017
14,286

148,761
1,994
1,437
9,026
12,685
20,007
13,418

2.2
-0.8
1.9
9.3
5.7
6.5
0.6

3,932
82,229
1,176
3,564

3,921
81,330
1,184
3,553

3,936
80,724
1,158
3,546

0.3
1.1
-0.7
0.3

-0.4
0.8
2.2
0.2

0.7
0.3
0.0
2.0

3,884
81,835
1,173
3,602

3,987
81,366
1,194
3,620

3,992
80,932
1,169
3,591

3,722
81,861
1,110
3,501

4.4
0.0
5.7
2.9

Nondurable goods industries..............……..
Food products...…...........………..……..
Beverage and tobacco products...................
Textiles.............….....…...…….......……
Textile products……..………..…………….
Apparel……………….……………………..
Leather and allied products…….………….
Paper products..…………..….….....……..
Printing ………….………………...………..
Petroleum and coal products……………..
Chemical products…………………..………
Plastics and rubber products……..….……

52,720
6,223
8,964
679
412
328
85
1,197
1,063
12,348
18,205
3,216

52,207
5,968
9,081
675
405
321
86
1,221
1,004
12,026
18,240
3,180

51,590
6,086
9,036
675
406
317
83
1,241
1,008
11,544
18,044
3,150

1.0
4.3
-1.3
0.6
1.7
2.2
-1.2
-2.0
5.9
2.7
-0.2
1.1

1.2
-1.9
0.5
0.0
-0.2
1.3
3.6
-1.6
-0.4
4.2
1.1
1.0

2.0
-0.1
0.7
1.8
-1.2
-1.2
-1.2
0.0
-1.3
4.2
2.9
-0.3

52,336
5,744
9,009
686
418
344
85
1,197
1,095
12,547
18,018
3,193

51,995
5,456
8,451
681
405
344
88
1,246
1,084
12,387
18,692
3,161

51,544
5,725
8,295
688
408
334
83
1,255
1,031
12,069
18,505
3,151

46,684
5,531
8,509
665
416
358
95
1,264
1,147
9,359
16,320
3,020

12.1
3.9
5.9
3.2
0.5
-3.9
-10.5
-5.3
-4.5
34.1
10.4
5.7

FINISHED GOODS
All manufacturing industries..........……..…..

p

228,627

228,766

228,280

-0.1

0.2

0.4

229,646

231,653

230,006

224,529

2.3

Durable goods industries.....................…..
Wood products…………..…………………
Nonmetallic mineral products……………..
Primary metals……………….…..…………
Fabricated metal products……………………
Machinery……………………………………
Computers and electronic products……..
Electrical equipment, appliances,
and components………………………….
Transportation equipment…………………
Furniture and related products……………
Miscellaneous products………...………….

114,649
4,956
6,495
11,146
18,404
23,872
12,700

114,387
4,965
6,490
11,075
18,517
23,619
12,793

113,841
4,946
6,429
11,015
18,351
23,492
12,714

0.2
-0.2
0.1
0.6
-0.6
1.1
-0.7

0.5
0.4
0.9
0.5
0.9
0.5
0.6

0.9
-0.1
1.8
-0.2
1.5
0.2
2.4

113,878
4,739
6,346
11,103
18,156
23,704
12,739

115,498
4,855
6,433
11,034
18,436
23,760
13,291

114,579
4,876
6,465
11,130
18,535
23,439
12,825

108,527
4,415
6,109
10,255
17,176
21,867
12,282

4.9
7.3
3.9
8.3
5.7
8.4
3.7

6,860
15,697
2,895
11,624

6,843
15,655
2,803
11,627

6,771
15,798
2,794
11,531

0.2
0.3
3.3
0.0

1.1
-0.9
0.3
0.8

2.2
1.8
-0.4
-0.4

6,816
15,657
2,894
11,724

7,039
15,956
2,938
11,756

6,936
15,956
2,945
11,472

6,350
15,968
2,634
11,471

7.3
-1.9
9.9
2.2

Nondurable goods industries..............……..
Food products...…...........………..……..
Beverage and tobacco products...................
Textiles.............….....…...…….......……
Textile products……..………..…………….
Apparel……………….……………………..
Leather and allied products…….………….
Paper products..…………..….….....……..
Printing ………….………………...………..
Petroleum and coal products……………..
Chemical products…………………..………
Plastics and rubber products……..….……

113,978
29,826
8,567
1,442
1,753
1,238
483
6,624
1,749
14,236
35,977
12,083

114,379
30,133
8,555
1,441
1,755
1,195
490
6,674
1,772
14,170
36,021
12,173

114,439
30,228
8,675
1,443
1,746
1,164
496
6,682
1,784
13,775
36,396
12,050

-0.4
-1.0
0.1
0.1
-0.1
3.6
-1.4
-0.7
-1.3
0.5
-0.1
-0.7

-0.1
-0.3
-1.4
-0.1
0.5
2.7
-1.2
-0.1
-0.7
2.9
-1.0
1.0

-0.2
-0.6
-1.5
0.3
0.3
-0.9
0.2
0.2
-0.1
2.1
-0.9
1.4

115,768
31,453
8,658
1,451
1,745
1,295
488
6,610
1,742
14,586
35,775
11,965

116,155
31,454
8,837
1,446
1,758
1,274
506
6,674
1,771
14,325
36,048
12,062

115,427
30,390
8,824
1,453
1,734
1,243
509
6,748
1,757
14,250
36,527
11,992

116,002
31,076
8,927
1,401
1,601
1,300
474
6,537
1,695
13,193
38,304
11,494

-0.2
1.2
-3.0
3.6
9.0
-0.4
3.0
1.1
2.8
10.6
-6.6
4.1

Preliminary
Revised data due to late receipts and concurrent seasonal adjustment.
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new
orders include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the
results of the latest annual review of the model parameters. Estimates are not adjusted for price changes.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and
nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see
.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report, November 3, 2017. Information on data sources and methodology can be found on our website at
.
r

1

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.]
Unfilled Orders/Shipments ratio2

Inventory/Shipments ratio
Industry

Sep

Aug

2017p

2017

3
All manufacturing industries .………………………
3

Durable goods industries .....…........………………
Wood products………………..……………………..
Nonmetallic mineral products…………………….
Primary metals……………….………………………
Fabricated metal products…………………………
Machinery……………….…..……….……………….
3

Computers and electronic products …………….
Electrical equipment, appliances,
and components………………....………………
Transportation equipment…………………………
Furniture and related products……………………
Miscellaneous products…………………………….
Nondurable goods industries………………………..
Food products……………………………………….
Beverage and tobacco products………………….
Textiles……………….…….……….………………..
Textile products……………….….…………………
Apparel………….…………..…..….…………………
Leather and allied products………………………..
Paper products…………………..…………………..
Printing………………...….…………………………..
Petroleum and coal products………………………
Chemical products………………..…………………
Plastics and rubber products………………………

r

Jul

Jun

Sep

2017

2017

2017

Aug
p

2017

r

Jul

Jun

2017

2017

1.38

1.38

1.38

1.38

(X)

(X)

(X)

(X)

1.68
1.27
1.27
1.72
1.56
2.17
1.65

1.68
1.29
1.27
1.70
1.56
2.19
1.65

1.69
1.31
1.27
1.72
1.56
2.21
1.66

1.68
1.30
1.25
1.72
1.55
2.20
1.67

6.70
(X)
(X)
1.56
2.55
3.51
5.63

6.76
(X)
(X)
1.56
2.54
3.59
5.65

6.77
(X)
(X)
1.57
2.55
3.64
5.69

6.82
(X)
(X)
1.56
2.51
3.60
5.81

1.76
1.65
1.20
1.81

1.76
1.65
1.18
1.82

1.77
1.65
1.18
1.82

1.74
1.64
1.20
1.83

2.43
14.66
1.68
(X)

2.45
14.89
1.68
(X)

2.46
14.62
1.71
(X)

2.42
14.90
1.71
(X)

1.07
0.81
1.84
1.24
1.55
2.02
2.08
0.96
0.87
0.86
1.28
1.30

1.07
0.81
1.78
1.23
1.57
1.95
2.11
0.96
0.86
0.86
1.28
1.30

1.07
0.80
1.78
1.23
1.55
1.88
2.08
0.98
0.86
0.85
1.28
1.28

1.07
0.81
1.76
1.24
1.53
1.91
2.09
0.98
0.86
0.85
1.28
1.26

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

X

Not Applicable
Preliminary
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 .
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report, November 3, 2017.
Information on data sources and methodology can be found on our website at
.
p
r

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
3

Industry
Sep2
2017
All manufacturing industries.…..…..…….

Sep
2016Aug
2017

Sep2
2017

Unfilled Orders

Sep3
2016Aug
2017

Sep2
2017

Sep3
2016Aug
2017

Inventories

Sep2
2017

Sep3
2016Aug
2017

(X)

0.2

(X)

0.3

(X)

0.1

(X)

0.1

Durable goods industries.....…........…….
Wood products………………..……………
Nonmetallic mineral products…………..
Primary metals……………….……………..
Fabricated metal products………………..
Machinery……………….…..……….……..
Computers and electronic products…..
Electrical equipment, appliances,
and components………………....…….
Transportation equipment………………..
Furniture and related products………….
Miscellaneous products………………….

-0.1
(X)
(X)
-0.8
0.0
0.4
0.2

0.2
0.4
0.3
0.3
0.4
0.4
0.4

-0.2
(X)
(X)
-1.2
0.0
0.3
0.3

0.4
(NA)
(NA)
0.7
1.1
0.6
0.6

0.0
(X)
(X)
-0.1
0.0
-0.1
0.0

0.1
(NA)
(NA)
0.4
0.3
0.2
0.1

0.0
(X)
(X)
0.2
0.1
-0.1
0.2

0.1
0.2
0.1
0.3
0.1
0.1
0.1

-0.1
-0.3
(X)
(X)

0.4
0.2
0.3
0.4

0.8
-0.4
(X)
(X)

0.7
1.0
0.8
0.4

0.6
0.0
(X)
(X)

0.3
0.1
0.4
0.3

-0.1
0.0
(X)
(X)

0.2
0.1
0.2
0.1

Nondurable goods industries……………….
Food products……………………………..
Beverage and tobacco products…………
Textiles……………….…….……….………
Textile products……………….….………..
Apparel………….…………..…..….……….
Leather and allied products………………..
Paper products…………………..………….
Printing………………...….…………………
Petroleum and coal products……………..
Chemical products………………..…………
Plastics and rubber products……………..

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

0.2
0.4
0.4
0.5
0.7
1.1
0.6
0.3
0.4
0.7
0.2
0.2

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)
(NA)

(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)
(X)

0.3
0.4
0.2
0.2
0.3
0.6
0.3
0.2
0.2
1.9
0.1
0.2

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 .
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, September Full Report,
November 3, 2017. Information on data sources and methodology can be found on our website at
.


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