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Manufacturers' Shipments, Inventories, and Orders Survey

Sample Full Report

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FOR RELEASE AT 10:00 AM EDT, TUESDAY, AUGUST 4, 2020

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS
JUNE 2020
Release Number: CB 20-113 M3-2 (20)-06
Statement Regarding COVID-19 Impact: Due to recent events surrounding COVID-19, many businesses are
operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored
response and data quality and determined estimates in this release meet publication standards. For more
information on the compilation of this month's reports, see < M3 COVID-19 FAQs>.
August 4, 2020 — The U.S. Census Bureau announces the June full report on manufacturers’ shipments,
inventories and orders:
MANUFACTURERS' NEW ORDERS 2019-2020
Seasonally Adjusted, Month-To-Month Percentage Change

MANUFACTURED GOODS – NEW ORDERS

8.0%
7.0%
6.0%
5.0%
4.0%
3.0%

JUNE 2020

$437.2 billion

+6.2%°

2.0%
1.0%
0.0%
-1.0%
-2.0%

MAY 2020
(revised)

-3.0%

$411.7 billion

+7.7%°

-4.0%
-5.0%
-6.0%
-7.0%
-8.0%
-9.0%

Next release: September 2, 2020

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, August 4, 2020.

-10.0%
-11.0%
-12.0%
-13.0%
-14.0%
% Change

Jul-19

Aug-19

Sep-19

Oct-19

Nov-19

Dec-19

Jan-20

Feb-20

Mar-20

Apr-20

May-20

Jun-20

1.6%

0.0%

-0.5%

0.1%

-1.1%

1.7%

-0.4%

0.2%

-11.0%

-13.5%

7.7%

6.2%

Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders,
August 4, 2020.

Summary
New orders for manufactured goods in June, up two consecutive months, increased $25.5 billion or 6.2
percent to $437.2 billion, the U.S. Census Bureau reported today. This followed a 7.7 percent May
increase. Shipments, also up two consecutive months, increased $40.7 billion or 9.8 percent to $457.3
billion. This followed a 3.0 percent May increase. Unfilled orders, down three of the last four months,
decreased $15.3 billion or 1.4 percent to $1,092.5 billion. This followed a virtually unchanged May
increase. The unfilled orders-to-shipments ratio was 7.01, down from 7.56 in May. Inventories, up two
consecutive months, increased $4.0 billion or 0.6 percent to $690.9 billion. This followed a 0.2 percent
May increase. The inventories-to-shipments ratio was 1.51, down from 1.65 in May.

Data Inquiries
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3)
301-763-4832
eid.m3.qs@census.gov

Media Inquiries
Public Information Office
301-763-3030
pio@census.gov

New Orders
New orders for manufactured durable goods in June, up two consecutive months, increased $14.6 billion
or 7.6 percent to $207.2 billion, up from the previously published 7.3 percent increase. This followed a
15.0 percent May increase. Transportation equipment, also up two consecutive months, led the increase,
$9.3 billion or 20.2 percent to $55.4 billion. New orders for manufactured nondurable goods increased
$10.9 billion or 5.0 percent to $230.0 billion.
Shipments
Shipments of manufactured durable goods in June, up two consecutive months, increased $29.8 billion or
15.1 percent to $227.3 billion, up from the previously published 14.9 percent increase. This followed a 4.1
percent May increase. Transportation equipment, also up two consecutive months, led the increase, $24.3
billion or 52.1 percent to $70.9 billion. Shipments of manufactured nondurable goods, up two consecutive
months, increased $10.9 billion or 5.0 percent to $230.0 billion. This followed a 2.0 percent May increase.
Petroleum and coal products, also up two consecutive months, led the increase, $7.6 billion or 27.0
percent to $35.9 billion.
Unfilled Orders
Unfilled orders for manufactured durable goods in June, down three of the last four months, decreased
$15.3 billion or 1.4 percent to $1,092.5 billion, unchanged from the previously published decrease. This
followed a virtually unchanged May increase. Transportation equipment, down four consecutive months,
drove the decrease, $15.6 billion or 2.1 percent to $743.5 billion.
Inventories
Inventories of manufactured durable goods in June, up four consecutive months, increased $0.2 billion or
virtually unchanged to $425.0 billion, down from the previously published 0.1 percent increase. This
followed a virtually unchanged May increase. Transportation equipment, up twenty-three of the last
twenty-four months, drove the increase, $2.1 billion or 1.5 percent to $146.5 billion. Inventories of
manufactured nondurable goods, up two consecutive months, increased $3.8 billion or 1.5 percent to
$265.9 billion. This followed a 0.4 percent May increase. Petroleum and coal products, also up two
consecutive months, led the increase, $3.2 billion or 11.0 percent to $32.1 billion. By stage of fabrication,
June materials and supplies decreased 1.2 percent in durable goods and increased 1.9 percent in
nondurable goods. Work in process increased 1.2 percent in durable goods and 2.3 percent in nondurable
goods. Finished goods increased 0.1 percent in durable goods and 0.9 percent in nondurable goods.

Data Inquiries
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3)
301-763-4832
eid.m3.qs@census.gov

Media Inquiries
Public Information Office
301-763-3030
pio@census.gov

The Advance Report on durable goods for July is scheduled for release on August 26, 2020 at 8:30 a.m. EDT
and the Full Report on September 2, 2020 at 10:00 a.m. EDT. View the full schedule in the Economic
Briefing Room: . The full text and tables of this release can be
found at .
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-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 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
Data Inquiries
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3)
301-763-4832
eid.m3.qs@census.gov

Media Inquiries
Public Information Office
301-763-3030
pio@census.gov

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:
.
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.
.
FRED Mobile App
Receive the latest updates on the nation’s key economic indicators by downloading
the FRED App  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.

###

Data Inquiries
Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3)
301-763-4832
eid.m3.qs@census.gov

Media Inquiries
Public Information Office
301-763-3030
pio@census.gov

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
Industry

p

June
p
2020

May
r
2020

Not Seasonally Adjusted
Percent Change

Apr.
2020

May June

Apr. May

Year to date

Monthly

Mar. Apr.

June
2020p

May
2020r

Apr.
2020

June
2019

% Change
p

2020

2019

2020/
2019

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

457,303
386,380
443,380
155,770

416,573
369,950
402,547
146,472

404,544
363,123
390,275
143,820

9.8
4.4
10.1
6.3

3.0
1.9
3.1
1.8

-14.0
-8.5
-14.5
-14.4

483,608
407,449
469,022
168,999

418,914
372,240
405,233
146,145

404,341
363,032
390,947
142,282

520,507
427,540
505,201
185,228

2,739,524
2,336,801
2,656,907
959,341

3,005,095
2,475,447
2,922,198
1,046,720

-8.8
-5.6
-9.1
-8.3

Durable goods industries………….…..…….

227,326

197,483

189,742

15.1

4.1

-18.8

245,593

196,809

188,568

264,794

1,341,500

1,501,981

-10.7

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……..………

8,918
11,653
17,816
8,987
7,656
1,173
29,132
29,715
1,748
2,425

8,674
11,235
16,800
8,496
7,162
1,142
27,668
28,793
1,569
2,252

8,255
10,952
16,653
8,489
7,083
1,081
27,397
28,211
1,567
2,292

2.8
3.7
6.0
5.8
6.9
2.7
5.3
3.2
11.4
7.7

5.1
2.6
0.9
0.1
1.1
5.6
1.0
2.1
0.1
-1.7

-9.4
-4.2
-12.2
-13.3
-9.5
-19.7
-11.2
-8.5
-7.4
-13.5

9,784
12,769
18,741
9,378
8,031
1,332
31,263
32,699
1,867
2,624

9,294
11,507
17,107
8,727
7,227
1,153
28,082
28,991
1,613
2,301

8,830
11,186
17,379
8,988
7,259
1,132
27,681
28,275
1,913
2,396

9,679
12,067
20,279
10,431
8,229
1,619
32,940
34,577
1,994
3,316

53,470
66,955
112,360
57,530
47,068
7,762
179,254
182,871
11,321
15,657

53,471
66,324
124,729
66,171
49,083
9,475
189,882
195,371
13,084
18,969

0.0
1.0
-9.9
-13.1
-4.1
-18.1
-5.6
-6.4
-13.5
-17.5

1,141
3,114
536

1,145
3,178
550

1,247
3,060
505

-0.3
-2.0
-2.5

-8.2
3.9
8.9

-9.6
-6.0
-6.7

1,175
3,565
648

1,079
3,066
505

1,170
2,809
456

1,553
3,499
615

7,617
18,668
3,181

8,749
16,997
3,157

-12.9
9.8
0.8

3,681
2,412

3,447
2,360

3,323
2,307

6.8
2.2

3.7
2.3

-12.8
-6.8

4,722
2,617

3,709
2,233

3,340
2,187

4,833
2,718

21,894
14,372

23,451
15,929

-6.6
-9.8

3,791
2,596
28,462
567
453
680

3,590
2,555
28,701
571
474
794

3,455
2,574
28,610
559
484
725

5.6
1.6
-0.8
-0.7
-4.4
-14.4

3.9
-0.7
0.3
2.1
-2.1
9.5

-12.2
-6.0
0.5
-0.2
-2.8
2.8

3,918
2,660
31,326
684
586
894

3,686
2,508
26,903
558
359
728

3,459
2,578
26,135
524
354
572

4,195
2,834
30,579
754
440
876

22,916
16,055
166,497
3,268
2,727
4,211

24,716
17,202
164,634
3,711
1,800
4,029

-7.3
-6.7
1.1
-11.9
51.5
4.5

3,477
287
317
4,130

3,491
283
288
4,181

3,485
264
277
4,193

-0.4
1.4
10.1
-1.2

0.2
7.2
4.0
-0.3

-0.2
3.5
5.3
1.9

4,390
290
300
4,593

3,172
263
269
4,190

3,133
269
232
4,085

4,069
277
328
4,307

20,311
1,550
1,527
24,846

19,127
1,575
1,842
22,966

6.2
-1.6
-17.1
8.2

1,484

1,490

1,501

-0.4

-0.7

-1.3

1,613

1,443

1,364

1,715

9,040

9,659

-6.4

2,993

3,006

3,011

-0.4

-0.2

0.3

3,116

2,900

2,900

3,138

17,551

17,082

2.7

8,787

8,779

8,775

0.1

0.0

-1.1

9,691

8,378

7,985

9,809

51,474

53,402

-3.6

10,293
947
1,878
2,959
759
70,923
6,119
17,674
2,135

10,085
911
1,823
2,942
737
46,623
1,692
4,031
1,586

10,013
933
1,610
3,079
639
41,421
473
2,190
1,279

2.1
4.0
3.0
0.6
3.0
52.1
261.6
338.5
34.6

0.7
-2.4
13.2
-4.4
15.3
12.6
257.7
84.1
24.0

-10.3
-8.3
-16.2
-11.9
-16.9
-43.6
-92.1
-83.7
-37.0

11,270
961
2,014
3,472
796
76,159
6,574
18,465
2,435

9,905
920
1,743
2,919
657
46,674
1,693
3,930
1,607

9,828
922
1,592
2,962
616
41,309
479
2,243
1,325

11,803
1,032
1,920
3,978
745
92,967
9,432
21,570
2,755

62,915
5,724
10,655
19,385
4,096
402,723
31,948
75,607
12,078

64,533
5,934
10,974
20,362
4,151
529,648
56,037
122,970
16,379

-2.5
-3.5
-2.9
-4.8
-1.3
-24.0
-43.0
-38.5
-26.3

26,165
4,190
3,940
2,504
6,555
13,859

21,061
3,523
3,966
2,628
6,040
12,864

18,368
4,350
4,213
2,363
5,855
12,375

24.2
18.9
-0.7
-4.7
8.5
7.7

14.7
-19.0
-5.9
11.2
3.2
4.0

-30.5
-59.5
9.9
-11.2
-10.8
-3.0

28,147
5,091
4,445
2,732
6,681
14,901

21,256
3,418
3,867
2,654
5,957
12,389

19,213
3,807
3,704
2,367
5,825
12,120

28,892
14,037
5,363
3,354
6,761
13,142

154,203
39,331
24,033
16,127
38,074
76,381

172,932
72,871
28,083
18,783
39,077
74,312

-10.8
-46.0
-14.4
-14.1
-2.6
2.8

Nondurable goods industries…….…………..

229,977

219,090

214,802

5.0

2.0

-9.3

238,015

222,105

215,773

255,713

1,398,024

1,503,114

-7.0

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…...…………

67,133
7,159
10,615
17,934
13,130
9,192
3,938
2,053
1,811
852
387
16,015
6,472
5,770
6,712
35,853
31,797
66,738

66,875
7,328
10,367
17,721
12,806
8,952
3,854
1,909
1,697
852
342
16,092
6,541
5,760
6,340
28,231
24,417
65,282

66,810
7,044
10,235
18,173
12,398
9,077
3,321
1,856
1,651
831
303
16,140
6,561
5,645
6,425
25,163
21,607
64,969

0.4
-2.3
2.4
1.2
2.5
2.7
2.2
7.5
6.7
0.0
13.2
-0.5
-1.1
0.2
5.9
27.0
30.2
2.2

0.1
4.0
1.3
-2.5
3.3
-1.4
16.0
2.9
2.8
2.5
12.9
-0.3
-0.3
2.0
-1.3
12.2
13.0
0.5

-2.7
2.5
-3.7
-7.4
-9.0
-2.6
-22.8
-16.8
-11.8
-6.1
-15.1
-1.0
-0.7
-1.9
-10.3
-32.5
-33.9
-4.7

67,234
7,188
10,467
18,788
13,982
10,044
3,938
2,201
1,920
823
410
16,534
6,537
6,059
6,632
37,347
32,755
70,068

66,284
7,002
10,351
18,210
13,291
9,437
3,854
1,977
1,758
788
337
16,084
6,458
5,701
6,360
30,508
26,545
65,638

65,486
6,875
10,044
18,209
12,416
9,095
3,321
1,900
1,696
719
298
15,811
6,396
5,621
6,510
25,744
22,286
66,435

65,782
6,599
10,032
20,011
13,930
9,702
4,228
2,493
2,147
877
422
16,323
6,477
5,907
6,903
56,255
51,449
69,245

400,819
41,470
62,111
112,289
77,366
54,747
22,619
12,773
10,903
4,878
2,186
96,737
38,820
34,598
40,757
227,906
204,179
405,538

394,922
40,912
60,481
117,670
78,447
54,452
23,995
14,207
12,263
5,094
2,455
96,158
38,529
34,613
41,351
329,773
305,521
404,595

1.5
1.4
2.7
-4.6
-1.4
0.5
-5.7
-10.1
-11.1
-4.2
-11.0
0.6
0.8
0.0
-1.4
-30.9
-33.2
0.2

2,705
25,184
4,256
19,293

2,678
24,465
4,106
18,664

2,719
24,306
4,045
18,256

1.0
2.9
3.7
3.4

-1.5
0.7
1.5
2.2

0.7
1.0
-9.1
-9.7

3,074
26,265
4,689
20,864

3,165
24,091
4,522
19,080

3,529
24,313
4,524
18,758

3,111
22,403
4,754
21,336

18,612
143,921
26,562
118,161

19,920
130,658
25,726
123,849

-6.6
10.2
3.2
-4.6

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
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, June Full Report, August 4, 2020. Information on data sources and methodology can be found on our website at
.
r

Table 2. Value of Manufacturers' New Orders for Industry Groups1
[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Seasonally Adjusted

Not Seasonally Adjusted

Monthly
Industry

June
p

2020
All manufacturing industries2......……….……..
Excluding transportation2……….…………
Excluding defense2…………...…..……….
With unfilled orders2………...…..…………
2

Durable goods industries ………….…..…….

p
r

May
r

2020

Percent Change

Apr.
2020

May June

Apr. May

Year to date

Monthly

Mar. Apr.

June
p

2020

May
r

2020

Apr.
2020

June
2019

% Change
p

2020

2019

2020/
2019

437,213
381,857
425,449
140,485

411,695
365,643
397,556
146,473

382,304
356,542
369,967
126,453

6.2
4.4
7.0
-4.1

7.7
2.6
7.5
15.8

-13.5
-8.9
-12.8
-12.3

463,346
401,468
448,254
153,454

408,235
367,843
396,667
139,669

381,868
358,154
371,111
124,104

508,008
421,701
493,432
177,297

2,664,960
2,315,681
2,577,370
912,102

2,963,530
2,456,591
2,880,429
1,032,732

-10.1
-5.7
-10.5
-11.7

207,236

192,605

167,502

7.6

15.0

-18.3

225,331

186,130

166,095

252,295

1,266,936

1,460,416

-13.2

17,906
8,962
7,644
1,300
29,159
29,697
2,410

17,106
8,908
7,011
1,187
27,773
28,826
2,322

15,782
7,800
6,860
1,122
26,211
28,503
2,204

4.7
0.6
9.0
9.5
5.0
3.0
3.8

8.4
14.2
2.2
5.8
6.0
1.1
5.4

-14.5
-14.0
-14.6
-16.4
-13.6
-8.0
-9.0

18,687
9,348
7,934
1,405
31,228
31,940
2,352

17,020
8,886
6,965
1,169
28,376
28,626
2,194

16,402
8,253
6,991
1,158
26,804
28,892
2,199

20,242
10,544
8,211
1,487
32,776
33,429
2,494

111,718
56,891
47,046
7,781
180,337
185,240
15,189

125,148
66,381
49,400
9,367
192,795
196,297
17,223

-10.7
-14.3
-4.8
-16.9
-6.5
-5.6
-11.8

1,031
3,007
506

1,025
3,190
563

1,263
3,033
533

0.6
-5.7
-10.1

-18.8
5.2
5.6

-3.5
-2.4
0.0

1,065
3,300
572

959
2,936
495

1,186
2,876
472

1,403
3,412
651

7,272
18,761
3,065

8,320
17,337
2,877

-12.6
8.2
6.5

3,826
2,582

3,442
2,369

3,314
2,380

11.2
9.0

3.9
-0.5

-15.2
-4.6

4,810
2,685

3,671
2,243

3,407
2,481

4,710
2,525

22,606
15,027

24,281
15,753

-6.9
-4.6

3,638
2,604
23,890
526

3,592
2,474
23,893
539

3,518
2,582
23,771
525

1.3
5.3
0.0
-2.4

2.1
-4.2
0.5
2.7

-12.9
-7.8
-0.1
-1.1

3,765
2,917
26,493
643

3,688
2,386
22,301
526

3,522
2,564
22,079
490

4,228
3,335
26,091
723

22,753
16,272
140,511
3,124

24,590
17,449
139,450
3,668

-7.5
-6.7
0.8
-14.8

3,519
229
4,118

3,509
237
4,128

3,496
212
4,230

0.3
-3.4
-0.2

0.4
11.8
-2.4

0.6
29.3
0.5

4,240
223
4,268

3,042
209
4,053

3,234
209
4,205

4,047
213
4,028

20,485
1,300
24,709

19,630
1,362
22,860

4.4
-4.6
8.1

1,619

1,624

1,549

-0.3

4.8

0.8

1,767

1,545

1,492

1,735

9,637

10,119

-4.8

3,150

3,063

3,013

2.8

1.7

1.1

3,488

2,689

2,915

3,604

18,061

18,698

-3.4

8,797

8,772

8,797

0.3

-0.3

-1.6

9,632

8,441

7,954

9,799

52,063

53,578

-2.8

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………………
Computers and electronic products2………..
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 parts3…..………..
Defense aircraft and parts……...….…….
Ships and boats……..………….………….
Furniture and related products…….….……..

10,307
953
2,057
2,933
55,356

10,110
893
1,899
2,933
46,052

10,128
919
1,625
3,054
25,762

1.9
6.7
8.3
0.0
20.2

-0.2
-2.8
16.9
-4.0
78.8

-9.0
-7.1
-15.3
-12.9
-48.9

11,071
1,018
2,151
3,362
61,878

10,028
883
1,877
2,879
40,392

10,150
909
1,687
2,995
23,714

11,768
1,146
1,925
3,841
86,307

64,034
5,680
11,022
19,599
349,279

65,593
6,102
11,008
20,712
506,939

-2.4
-6.9
0.1
-5.4
-31.1

26,932
-10,354
2,582
2,092
6,479

21,076
2,858
3,718
2,547
6,055

18,115
-8,601
3,923
2,272
5,799

27.8
-462.3
-30.6
-17.9
7.0

16.3
(NA)
-5.2
12.1
4.4

-31.1
(NA)
-34.9
253.9
-12.4

28,191
-9,905
3,706
3,938
6,568

21,126
-855
2,431
1,653
6,180

18,527
-9,938
3,516
1,687
5,954

28,076
9,407
5,533
1,738
6,778

154,203
-19,440
22,827
21,437
39,009

171,897
53,381
27,947
20,482
40,044

-10.3
-136.4
-18.3
4.7
-2.6

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

229,977

219,090

214,802

5.0

2.0

-9.3

238,015

222,105

215,773

255,713

1,398,024

1,503,114

-7.0

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.
1

2
3

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

(NA) - New Orders month-to-month percent change is not provided for Nondefense aircraft and parts because the denominator has a negative value.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting.
Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see .
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 4, 2020. Information on data sources and methodology can be found on our website at
.

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
Industry

2

All manufacturing industries ......……….……
2
Excluding transportation ……….…………
2
Excluding defense …………...…..………
2

Durable goods industries ………….…..……
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……………….
Computers and electronic products2………….
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…….….……..

Percent Change

June
p
2020

May
r
2020

Apr.
2020

May June

Apr. May

1,092,528
349,037
873,397

1,107,813
348,755
886,523

1,107,812
348,183
886,635

-1.4
0.1
-1.5

0.0
0.2
0.0

1,092,528

1,107,813

1,107,812

-1.4

30,656
12,839
12,493
5,324
72,533
96,929
5,059

30,566
12,864
12,505
5,197
72,506
96,947
5,074

30,260
12,452
12,656
5,152
72,401
96,914
5,004

3,677
8,609
1,022

3,787
8,716
1,052

7,038
8,210

Monthly

Mar. Apr.

% Change
June

June
p
2020

May
r
2020

Apr.
2020

June
2019

2020/
2019

-1.5
-0.5
-1.7

1,094,903
351,330
873,082

1,110,448
352,594
889,133

1,116,924
352,788
893,496

1,150,272
352,735
943,561

-4.8
-0.4
-7.5

0.0

-1.5

1,094,903

1,110,448

1,116,924

1,150,272

-4.8

0.3
-0.2
-0.1
2.4
0.0
0.0
-0.3

1.0
3.3
-1.2
0.9
0.1
0.0
1.4

-2.8
-5.2
-1.7
0.8
-1.6
0.3
-1.7

30,817
13,028
12,512
5,277
73,533
97,097
4,909

30,871
13,058
12,609
5,204
73,568
97,856
5,181

30,958
12,899
12,871
5,188
73,274
98,221
5,288

31,355
13,842
12,563
4,950
75,829
97,988
6,529

-1.7
-5.9
-0.4
6.6
-3.0
-0.9
-24.8

3,907
8,704
1,039

-2.9
-1.2
-2.9

-3.1
0.1
1.3

0.4
-0.3
2.8

3,677
8,584
954

3,787
8,849
1,030

3,907
8,979
1,040

4,237
9,024
1,085

-13.2
-4.9
-12.1

6,893
8,040

6,898
8,031

2.1
2.1

-0.1
0.1

-0.1
0.9

7,208
8,269

7,120
8,201

7,158
8,191

6,973
8,271

3.4
0.0

23,443
11,051
118,834
1,864

23,596
11,043
118,601
1,905

23,594
11,124
118,530
1,937

-0.6
0.1
0.2
-2.2

0.0
-0.7
0.1
-1.7

0.3
0.1
0.0
-1.7

23,443
11,253
119,081
1,864

23,596
10,996
119,197
1,905

23,594
11,118
119,596
1,937

23,861
10,999
118,016
1,948

-1.8
2.3
0.9
-4.3

24,882
711
14,754

24,840
769
14,766

24,822
815
14,819

0.2
-7.5
-0.1

0.1
-5.6
-0.4

0.0
-6.0
0.3

24,806
707
14,528

24,956
774
14,853

25,086
828
14,990

24,677
1,051
13,974

0.5
-32.7
4.0

21,943

21,808

21,674

0.6

0.6

0.2

21,945

21,791

21,689

21,215

3.4

30,882

30,725

30,668

0.5

0.2

0.0

31,231

30,859

31,070

31,355

-0.4

23,798

23,788

23,795

0.0

0.0

0.1

24,000

24,059

23,996

23,796

0.9

21,628
1,669
1,897
8,573
743,491

21,614
1,663
1,718
8,599
759,058

21,589
1,681
1,642
8,608
759,629

0.1
0.4
10.4
-0.3
-2.1

0.1
-1.1
4.6
-0.1
-0.1

0.5
-0.8
0.9
-0.3
-2.0

21,902
1,703
1,923
8,631
743,573

22,101
1,646
1,786
8,741
757,854

21,978
1,683
1,652
8,781
764,136

20,866
1,501
1,380
8,682
797,537

5.0
13.5
39.3
-0.6
-6.8

21,152
503,060
83,704
48,230
7,888

20,385
517,604
85,062
48,642
7,964

20,370
518,269
85,310
48,723
7,949

3.8
-2.8
-1.6
-0.8
-1.0

0.1
-0.1
-0.3
-0.2
0.2

-1.2
-2.4
-0.3
-0.2
-0.7

20,748
501,203
83,831
50,459
8,331

20,704
516,199
84,570
49,253
8,444

20,834
520,472
86,006
50,254
8,221

20,868
570,814
80,042
43,992
8,114

-0.6
-12.2
4.7
14.7
2.7

p

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.
r

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, June Full Report, August 4, 2020. Information on data sources and methodology can be found on our website at
.

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
Industry

May
2020r

Apr.
2020

May June

Apr. May

Monthly

Mar. Apr.

June
2020p

May
2020r

Apr.
2020

June
2019

% Change
June

2020/
2019

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

690,900
544,449
665,366
347,045

686,935
542,621
661,724
346,896

685,869
543,132
660,549
346,626

0.6
0.3
0.6
0.0

0.2
-0.1
0.2
0.1

-0.5
-0.6
-0.5
0.1

687,406
542,321
661,760
346,116

689,972
545,374
664,629
349,056

688,560
545,422
663,230
348,231

690,324
560,679
665,479
335,275

-0.4
-3.3
-0.6
3.2

Durable goods industries………….…..……

424,973

424,813

424,744

0.0

0.0

0.0

423,014

426,987

426,439

412,969

2.4

11,617
14,287
34,016
19,046
12,832
2,138
52,674
70,613
3,733
6,158

11,573
14,404
34,697
19,441
13,098
2,158
53,400
70,981
3,832
6,176

11,824
14,606
35,430
19,824
13,408
2,198
53,382
71,200
3,906
6,094

0.4
-0.8
-2.0
-2.0
-2.0
-0.9
-1.4
-0.5
-2.6
-0.3

-2.1
-1.4
-2.1
-1.9
-2.3
-1.8
0.0
-0.3
-1.9
1.3

-0.3
0.8
-1.3
-0.6
-2.4
-0.8
0.2
-0.4
2.6
0.2

11,356
14,390
33,870
18,938
12,816
2,116
52,777
70,278
3,668
6,150

11,389
14,688
34,826
19,401
13,237
2,188
53,692
71,370
3,768
6,146

11,814
14,833
35,488
19,700
13,551
2,237
53,601
71,481
3,846
6,150

11,892
14,569
36,405
21,081
13,088
2,236
53,996
71,770
3,885
6,328

-4.5
-1.2
-7.0
-10.2
-2.1
-5.4
-2.3
-2.1
-5.6
-2.8

4,682
9,915
1,438

4,853
9,795
1,446

4,938
9,636
1,475

-3.5
1.2
-0.6

-1.7
1.7
-2.0

-1.3
0.2
-0.8

4,631
10,020
1,407

4,873
9,736
1,443

4,953
9,423
1,462

5,536
9,139
1,433

-16.3
9.6
-1.8

5,350
5,987

5,483
6,037

5,588
6,068

-2.4
-0.8

-1.9
-0.5

-3.4
-0.5

5,413
5,884

5,850
6,043

5,960
6,043

5,851
6,071

-7.5
-3.1

9,577
4,767
44,177
1,859
955
1,076

9,525
4,858
44,203
1,911
954
1,071

9,574
4,964
44,212
1,846
960
1,076

0.5
-1.9
-0.1
-2.7
0.1
0.5

-0.5
-2.1
0.0
3.5
-0.6
-0.5

-1.0
-1.4
0.5
4.9
1.1
0.6

9,518
4,803
44,053
1,911
926
1,064

9,671
4,877
44,799
1,964
923
1,106

9,703
4,976
44,502
1,735
885
1,098

9,645
5,322
43,757
1,863
907
1,017

-1.3
-9.8
0.7
2.6
2.1
4.6

4,536
660
603
7,918

4,550
662
702
7,953

4,582
667
685
8,041

-0.3
-0.3
-14.1
-0.4

-0.7
-0.7
2.5
-1.1

0.4
1.2
9.8
-0.6

4,554
660
588
7,837

4,691
662
671
7,967

4,596
667
660
8,363

4,503
675
632
7,901

1.1
-2.2
-7.0
-0.8

2,946

2,950

2,932

-0.1

0.6

1.1

2,917

2,951

2,938

2,768

5.4

2,664

2,660

2,666

0.2

-0.2

-0.7

2,669

2,750

2,714

2,711

-1.5

15,473

15,272

15,218

1.3

0.4

0.4

15,444

15,548

15,317

14,967

3.2

19,760
2,028
2,380
6,435
1,856
146,451
5,830
5,198
1,910

19,813
2,029
2,359
6,502
1,855
144,314
5,888
4,699
1,939

19,906
2,030
2,498
6,443
1,865
142,737
5,688
4,534
1,967

-0.3
0.0
0.9
-1.0
0.1
1.5
-1.0
10.6
-1.5

-0.5
0.0
-5.6
0.9
-0.5
1.1
3.5
3.6
-1.4

1.0
-1.1
-1.7
2.1
-0.1
0.1
0.3
-11.9
3.2

19,900
2,029
2,380
6,436
1,960
145,085
5,620
4,844
1,923

20,100
2,041
2,415
6,620
1,924
144,598
5,769
4,609
2,006

20,164
2,042
2,544
6,559
1,914
143,138
5,633
4,484
1,996

19,943
2,069
2,761
6,298
2,022
129,645
5,502
4,936
1,926

-0.2
-1.9
-13.8
2.2
-3.1
11.9
2.1
-1.9
-0.2

27,192
76,913
12,479
4,237
7,268
24,110

27,621
75,136
12,317
4,181
7,267
24,161

27,748
73,668
12,284
4,262
7,337
24,110

-1.6
2.4
1.3
1.3
0.0
-0.2

-0.5
2.0
0.3
-1.9
-1.0
0.2

2.7
-0.4
0.7
0.7
-1.1
0.8

26,814
76,664
12,429
4,352
7,413
23,892

27,620
75,612
12,411
4,122
7,312
24,213

27,767
74,210
12,327
4,158
7,276
24,142

26,234
63,570
11,913
4,131
7,621
23,371

2.2
20.6
4.3
5.3
-2.7
2.2

265,927

262,122

261,125

1.5

0.4

-1.2

264,392

262,985

262,121

277,355

-4.7

54,441
5,182
8,332
9,285
25,724
21,824
3,900
3,111
3,777
1,845
854
15,324
5,696
5,495
5,683
32,146
26,567
96,610

54,421
5,228
8,260
9,336
25,667
21,771
3,896
3,169
3,789
1,839
857
15,259
5,672
5,470
5,680
28,955
23,236
95,912

55,144
5,285
8,381
9,776
25,674
21,775
3,899
3,170
3,805
1,858
860
15,122
5,630
5,437
5,703
27,035
21,112
96,079

0.0
-0.9
0.9
-0.5
0.2
0.2
0.1
-1.8
-0.3
0.3
-0.4
0.4
0.4
0.5
0.1
11.0
14.3
0.7

-1.3
-1.1
-1.4
-4.5
0.0
0.0
-0.1
0.0
-0.4
-1.0
-0.3
0.9
0.7
0.6
-0.4
7.1
10.1
-0.2

-0.2
-1.1
-1.3
-0.2
1.3
1.8
-1.3
-0.6
-1.2
2.9
-0.1
1.3
0.8
2.2
0.1
-12.2
-15.2
0.3

53,229
5,048
8,573
9,147
25,211
21,486
3,725
3,117
3,747
1,856
855
15,275
5,672
5,472
5,610
32,162
26,542
96,956

52,960
4,976
8,457
9,217
25,669
21,851
3,818
3,180
3,779
1,829
865
15,249
5,695
5,455
5,633
29,764
23,950
97,222

54,109
5,189
8,586
9,624
25,950
22,043
3,907
3,176
3,806
1,808
854
15,075
5,658
5,371
5,781
27,829
21,885
96,759

54,165
5,160
8,589
9,709
25,319
21,358
3,961
3,227
4,005
1,897
862
15,388
5,801
5,444
5,593
40,572
34,677
98,532

-1.7
-2.2
-0.2
-5.8
-0.4
0.6
-6.0
-3.4
-6.4
-2.2
-0.8
-0.7
-2.2
0.5
0.3
-20.7
-23.5
-1.6

5,539
45,578
3,845
26,412

5,490
45,084
3,882
26,574

5,387
44,896
4,036
26,675

0.9
1.1
-1.0
-0.6

1.9
0.4
-3.8
-0.4

-0.7
1.3
0.4
-0.5

5,236
46,503
3,895
26,374

5,453
45,818
3,962
26,835

5,545
45,061
4,164
26,974

5,235
45,745
4,112
27,795

0.0
1.7
-5.3
-5.1

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……..………….
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

June
2020p

Percent Change

Preliminary
r Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters.
Estimates are not adjusted for price changes.
2
Estimates of inventories for the semiconductor industry data are included in computers and electronic products, and all other applicable aggregate totals.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey
panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see .
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 4, 2020. Information on data sources and methodology can be found on our website at
.

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
% Change6

Industry

June
p

2020

May
r

2020

Apr.
2020

May June

Apr. May

Mar. Apr.

June
p

2020

May
r

2020

Apr.
2020

June
2019

p

2020/
2019

2019

2020

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

457,303

416,573

404,544

9.8

3.0

-14.0

483,608

418,914

404,341

520,507

2,739,524

3,005,095

-8.8

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

49,967
23,813
1,700
52,093

47,637
23,863
1,839
28,370

46,380
23,801
1,768
22,310

4.9
-0.2
-7.6
83.6

2.7
0.3
4.0
27.2

-10.2
-1.5
0.3
-53.5

55,252
26,691
2,164
55,621

49,687
22,681
1,645
28,486

47,912
21,947
1,450
23,260

55,980
26,447
2,070
62,649

299,092
140,562
10,206
273,836

306,670
140,360
9,540
368,318

-2.5
0.1
7.0
-25.7

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

78,296
65,995
64,093
12,301

75,600
63,227
62,026
12,373

75,518
63,081
61,110
12,437

3.6
4.4
3.3
-0.6

0.1
0.2
1.5
-0.5

-11.1
-13.5
-6.4
3.7

85,896
73,135
70,613
12,761

73,867
61,672
60,438
12,195

72,118
60,318
58,755
11,800

94,348
81,117
71,316
13,231

477,339
404,842
382,925
72,497

515,934
443,760
395,058
72,174

-7.5
-8.8
-3.1
0.4

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

189,283
36,923
152,360

161,587
18,178
143,409

154,240
14,381
139,859

17.1
103.1
6.2

4.8
26.4
2.5

-17.7
-55.8
-9.7

194,519
38,803
155,716

163,079
17,987
145,092

153,668
14,728
138,940

214,111
44,830
169,281

1,102,746
185,078
917,668

1,261,995
259,892
1,002,103

-12.6
-28.8
-8.4

All manufacturing industries5…………..……..

437,213

411,695

382,304

6.2

7.7

-13.5

463,346

408,235

381,868

508,008

2,664,960

2,963,530

-10.1

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

50,141
23,883
1,659
52,860

47,520
23,976
1,807
28,385

45,306
23,965
1,734
22,057

5.5
-0.4
-8.2
86.2

4.9
0.0
4.2
28.7

-10.9
-0.4
0.0
-53.9

55,533
26,541
2,123
55,665

49,740
22,475
1,613
28,356

47,181
22,289
1,416
22,574

56,058
26,825
2,039
61,833

299,530
142,504
10,062
273,836

309,663
143,087
9,497
367,283

-3.3
-0.4
5.9
-25.4

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

62,954
52,155
64,338
10,799

75,292
62,334
62,226
12,958

60,509
49,398
61,299
11,111

-16.4
-16.3
3.4
-16.7

24.4
26.2
1.5
16.6

-2.4
7.0
-6.6
-30.0

71,317
58,048
69,732
13,269

68,213
57,225
60,473
10,988

57,253
47,465
59,690
9,788

86,708
75,165
70,211
11,543

429,417
349,746
388,576
79,671

501,575
429,078
397,889
72,497

-14.4
-18.5
-2.3
9.9

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

189,474
37,114
152,360

161,774
18,365
143,409

154,232
14,373
139,859

17.1
102.1
6.2

4.9
27.8
2.5

-17.7
-55.9
-9.7

194,602
38,886
155,716

163,260
18,168
145,092

153,658
14,718
138,940

214,081
44,800
169,281

1,103,216
185,548
917,668

1,262,143
260,040
1,002,103

-12.6
-28.6
-8.4

1,092,528

1,107,813

1,107,812

-1.4

0.0

-1.5

1,094,903

1,110,448

1,116,924

1,150,272

(X)

(X)

-4.8

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

50,495
114,591
1,864
21,152

50,321
114,521
1,905
20,385

50,438
114,408
1,937
20,370

0.3
0.1
-2.2
3.8

-0.2
0.1
-1.7
0.1

-2.1
0.1
-1.7
-1.2

51,555
115,152
1,864
20,748

51,274
115,302
1,905
20,704

51,221
115,508
1,937
20,834

54,688
114,430
1,948
20,868

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

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

-5.7
0.6
-4.3
-0.6

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

788,210
610,040
216,821
178,170

803,552
623,880
216,576
179,672

803,860
624,773
216,376
179,087

-1.9
-2.2
0.1
-0.8

0.0
-0.1
0.1
0.3

-1.8
-2.1
0.1
-0.7

790,351
609,568
217,785
180,783

804,930
624,655
218,666
180,275

810,584
629,102
218,631
181,482

851,659
685,616
216,246
166,043

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

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

-7.2
-11.1
0.7
8.9

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

5,204
5,204

5,013
5,013

4,826
4,826

3.8
3.8

3.9
3.9

-0.2
-0.2

5,160
5,160

5,077
5,077

4,896
4,896

4,367
4,367

(X)
(X)

(X)
(X)

18.2
18.2

All manufacturing industries…………..………

690,900

686,935

685,869

0.6

0.2

-0.5

687,406

689,972

688,560

690,324

(X)

(X)

-0.4

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

70,350
39,421
3,890
40,130

71,273
39,407
3,936
40,147

71,989
39,339
3,882
39,937

-1.3
0.0
-1.2
0.0

-1.0
0.2
1.4
0.5

-0.1
0.9
2.7
0.5

70,326
39,378
3,901
39,201

72,053
39,968
3,993
40,004

72,878
39,337
3,718
39,880

72,628
38,422
3,787
38,598

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

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

-3.2
2.5
3.0
1.6

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

214,238
192,970
128,717
21,268

212,594
191,551
128,971
21,043

211,312
190,199
128,972
21,113

0.8
0.7
-0.2
1.1

0.6
0.7
0.0
-0.3

0.2
0.1
0.5
1.3

214,045
192,615
128,504
21,430

214,067
192,986
130,007
21,081

211,917
190,837
129,115
21,080

200,807
179,986
127,694
20,821

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

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

6.6
7.0
0.6
2.9

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

202,972
31,518
171,454

198,808
31,144
167,664

197,175
30,969
166,206

2.1
1.2
2.3

0.8
0.6
0.9

-1.8
-2.3
-1.7

201,180
30,632
170,548

198,373
30,802
167,571

196,970
30,752
166,218

211,203
31,468
179,735

(X)
(X)
(X)

(X)
(X)
(X)

-4.7
-2.7
-5.1

NEW ORDERS

UNFILLED ORDERS
All manufacturing industries5…………..……..

TOTAL INVENTORIES

X
p
r
1

Not Applicable
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 noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates
are not adjusted for price changes.
2
3

Topical series are regroupings of the separate industry categories.

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
5
6

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.
Estimates and percent changes exclude semiconductor industry data.

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, June Full Report, August 4, 2020. Information on data sources and methodology can be found on our website at
.

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
Industry

June
p
2020

May
r
2020

Percent Change

Apr.
2020

May June

Apr. May

Monthly

Mar. Apr.

June
p
2020

May
r
2020

Apr.
2020

June
2019

% Change
June

2020/
2019

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

238,419

238,549

238,756

-0.1

-0.1

0.9

237,515

238,806

238,848

237,468

0.0

147,355
5,352
5,811
12,686
19,574
28,041
19,863

149,157
5,388
5,853
13,037
19,819
28,255
19,957

149,309
5,468
5,911
13,105
19,715
28,531
19,861

-1.2
-0.7
-0.7
-2.7
-1.2
-0.8
-0.5

-0.1
-1.5
-1.0
-0.5
0.5
-1.0
0.5

2.4
1.4
1.9
1.2
0.4
3.0
0.4

146,667
5,153
5,838
12,666
19,586
27,902
19,940

149,019
5,134
5,888
12,834
19,716
28,398
20,253

148,876
5,238
5,943
12,861
19,576
28,469
19,998

143,855
5,171
5,713
13,468
20,375
28,329
19,195

2.0
-0.3
2.2
-6.0
-3.9
-1.5
3.9

8,838
35,659
3,555
7,976

8,884
36,439
3,578
7,947

8,808
36,418
3,538
7,954

-0.5
-2.1
-0.6
0.4

0.9
0.1
1.1
-0.1

2.2
5.6
0.4
1.0

8,881
35,159
3,596
7,946

9,005
36,257
3,573
7,961

8,874
36,503
3,501
7,913

8,496
31,737
3,703
7,668

4.5
10.8
-2.9
3.6

91,064
19,583
5,821
1,166
1,196
547
284
7,731
2,713
10,004
31,062
10,957

89,392
19,561
5,813
1,182
1,202
547
284
7,731
2,706
8,566
30,795
11,005

89,447
19,513
5,764
1,187
1,213
544
283
7,639
2,705
8,643
30,980
10,976

1.9
0.1
0.1
-1.4
-0.5
0.0
0.0
0.0
0.3
16.8
0.9
-0.4

-0.1
0.2
0.9
-0.4
-0.9
0.6
0.4
1.2
0.0
-0.9
-0.6
0.3

-1.5
-1.1
-2.5
1.0
0.6
2.8
0.7
2.0
0.4
-11.5
-0.7
1.1

90,848
19,382
5,596
1,176
1,197
547
288
7,651
2,696
10,349
31,066
10,900

89,787
19,172
5,772
1,191
1,207
547
288
7,659
2,698
9,143
31,124
10,986

89,972
19,259
5,829
1,196
1,213
539
279
7,603
2,721
9,131
31,178
11,024

93,613
19,595
5,701
1,188
1,250
572
288
7,660
2,714
12,311
31,477
10,857

-3.0
-1.1
-1.8
-1.0
-4.2
-4.4
0.0
-0.1
-0.7
-15.9
-1.3
0.4

206,473

203,584

201,922

1.4

0.8

-0.9

205,589

204,637

203,221

199,456

3.1

159,523
1,665
1,387
9,269
13,353
19,767
12,776

157,682
1,631
1,397
9,420
13,569
19,624
12,779

157,206
1,642
1,402
9,841
13,654
19,415
12,835

1.2
2.1
-0.7
-1.6
-1.6
0.7
0.0

0.3
-0.7
-0.4
-4.3
-0.6
1.1
-0.4

-0.7
-3.1
-0.3
-4.5
0.0
-4.5
-0.5

159,399
1,667
1,405
9,305
13,374
19,716
12,801

159,216
1,637
1,428
9,540
13,637
19,773
13,145

158,490
1,665
1,452
9,923
13,713
19,461
13,182

148,300
1,811
1,483
10,657
13,642
19,493
12,843

7.5
-8.0
-5.3
-12.7
-2.0
1.1
-0.3

4,230
92,188
1,118
3,770

4,241
90,213
1,101
3,707

4,254
89,283
1,137
3,743

-0.3
2.2
1.5
1.7

-0.3
1.0
-3.2
-1.0

1.4
0.3
-1.2
0.1

4,305
91,941
1,135
3,750

4,358
90,850
1,126
3,722

4,325
89,847
1,145
3,777

4,225
79,323
1,131
3,692

1.9
15.9
0.4
1.6

46,950
4,894
9,112
592
338
302
88
1,413
1,198
7,261
18,849
2,903

45,902
4,847
9,094
599
332
296
85
1,396
1,199
6,610
18,557
2,887

44,716
4,587
9,078
596
334
312
86
1,395
1,224
5,536
18,742
2,826

2.3
1.0
0.2
-1.2
1.8
2.0
3.5
1.2
-0.1
9.8
1.6
0.6

2.7
5.7
0.2
0.5
-0.6
-5.1
-1.2
0.1
-2.0
19.4
-1.0
2.2

-1.3
0.7
1.1
-4.9
-4.6
-0.6
-1.1
-0.1
-1.1
-15.3
2.0
-1.1

46,190
4,520
8,711
593
329
308
85
1,429
1,127
7,180
19,023
2,885

45,421
4,507
8,949
602
328
299
84
1,400
1,133
6,636
18,585
2,898

44,731
4,387
9,050
600
336
305
85
1,394
1,264
5,695
18,754
2,861

51,156
4,172
8,950
648
371
325
94
1,481
1,134
10,626
20,263
3,092

-9.7
8.3
-2.7
-8.5
-11.3
-5.2
-9.6
-3.5
-0.6
-32.4
-6.1
-6.7

246,008

244,802

245,191

0.5

-0.2

-1.4

244,302

246,529

246,491

253,400

-3.6

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………...………….

118,095
4,600
7,089
12,061
19,747
22,805
11,538

117,974
4,554
7,154
12,240
20,012
23,102
11,467

118,229
4,714
7,293
12,484
20,013
23,254
11,516

0.1
1.0
-0.9
-1.5
-1.3
-1.3
0.6

-0.2
-3.4
-1.9
-2.0
0.0
-0.7
-0.4

-1.9
-1.2
0.2
-1.3
0.2
-0.8
1.7

116,948
4,536
7,147
11,899
19,817
22,660
11,312

118,752
4,618
7,372
12,452
20,339
23,199
11,401

119,073
4,911
7,438
12,704
20,312
23,551
11,322

120,814
4,910
7,373
12,280
19,979
23,948
11,719

-3.2
-7.6
-3.1
-3.1
-0.8
-5.4
-3.5

6,692
18,604
2,595
12,364

6,688
17,662
2,588
12,507

6,844
17,036
2,662
12,413

0.1
5.3
0.3
-1.1

-2.3
3.7
-2.8
0.8

-0.9
-10.7
-3.0
0.8

6,714
17,985
2,682
12,196

6,737
17,491
2,613
12,530

6,965
16,788
2,630
12,452

7,222
18,585
2,787
12,011

-7.0
-3.2
-3.8
1.5

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……..….……

127,913
29,964
10,791
1,353
2,243
996
482
6,180
1,772
14,881
46,699
12,552

126,828
30,013
10,760
1,388
2,255
996
488
6,132
1,775
13,779
46,560
12,682

126,962
31,044
10,832
1,387
2,258
1,002
491
6,088
1,774
12,856
46,357
12,873

0.9
-0.2
0.3
-2.5
-0.5
0.0
-1.2
0.8
-0.2
8.0
0.3
-1.0

-0.1
-3.3
-0.7
0.1
-0.1
-0.6
-0.6
0.7
0.1
7.2
0.4
-1.5

-1.0
0.2
3.6
-0.1
-1.7
4.0
-0.4
0.8
0.5
-11.3
0.2
-1.7

127,354
29,327
10,904
1,348
2,221
1,001
482
6,195
1,787
14,633
46,867
12,589

127,777
29,281
10,948
1,387
2,244
983
493
6,190
1,802
13,985
47,513
12,951

127,418
30,463
11,071
1,380
2,257
964
490
6,078
1,796
13,003
46,827
13,089

132,586
30,398
10,668
1,391
2,384
1,000
480
6,247
1,745
17,635
46,792
13,846

-3.9
-3.5
2.2
-3.1
-6.8
0.1
0.4
-0.8
2.4
-17.0
0.2
-9.1

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………...………….
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……..….……

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

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

p

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 noncalendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters. Estimates
are not adjusted for price changes.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey
panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see .
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 4, 2020. Information on data sources and methodology can be found on our website at
.
r

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

Jun
2020

May
p

2020

r

Apr
2020

Mar
2020

Jun

May

2020

p

2020

r

Apr
2020

Mar
2020

All manufacturing industries3.……………………………..

1.51

1.65

1.70

1.46

(X)

(X)

(X)

(X)

Durable goods industries3.....…........……………………
Wood products………………..…………………………………
Nonmetallic mineral products………………………..
Primary metals……………….…………………………………..
Fabricated metal products………………………………..
Machinery……………….…..……….……………………………..
Computers and electronic products3……………….
Electrical equipment, appliances,
and components………………....…………………………
Transportation equipment……………………………….
Furniture and related products……………………….
Miscellaneous products……………………………………

1.87
1.30
1.23
1.91
1.81
2.38
1.55

2.15
1.33
1.28
2.07
1.93
2.47
1.54

2.24
1.43
1.33
2.13
1.95
2.52
1.55

1.82
1.30
1.27
1.89
1.73
2.32
1.55

7.01
(X)
(X)
1.72
2.56
3.60
5.47

7.56
(X)
(X)
1.82
2.70
3.69
5.44

7.70
(X)
(X)
1.82
2.72
3.74
5.44

6.70
(X)
(X)
1.64
2.45
3.42
5.43

1.92
2.06
1.11
1.74

1.96
3.10
1.20
1.88

1.99
3.45
1.25
1.95

1.77
1.94
1.13
1.87

2.27
16.52
1.37
(X)

2.31
19.31
1.47
(X)

2.30
20.27
1.49
(X)

2.07
14.92
1.36
(X)

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…………………………..

1.16
0.81
1.96
1.52
2.09
2.17
2.21
0.96
0.85
0.90
1.45
1.37

1.20
0.81
2.00
1.66
2.23
2.16
2.51
0.95
0.90
1.03
1.47
1.42

1.22
0.83
2.07
1.71
2.30
2.24
2.84
0.94
0.89
1.07
1.48
1.46

1.12
0.80
1.86
1.43
2.06
2.04
2.41
0.92
0.80
0.83
1.41
1.33

(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
r
Revised data due to late receipts and concurrent seasonal adjustment.
2
Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products; medical equipment and supplies; office supplies;
other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and peripheral devices; audio and video
equipment; manufacturing and reproducing magnetic and optical media; batteries; automobiles; light trucks and utility vehicles; heavy duty trucks; and
miscellaneous furniture.
3
Unfilled orders to shipments ratio excludes semiconductor manufacturing.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is
nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling
error cannot be calculated. For further details on survey design, methodology, and data limitations see .
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 4, 2020. Information on data sources
and methodology can be found on our website at .
p

Table 8. Revisions to Previously Published Monthly Percent Changes 1
[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Shipments
New Orders
Unfilled Orders

Industry
Jun2
2020

Jun3
2019May
2020

Jun2
2020

Jun3
2019May
2020

Jun2
2020

Jun3
2019May
2020

Inventories

Jun2
2020

Jun3
2019May
2020

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

(X)

0.2

(X)

0.2

(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……………………..

0.2
(X)
(X)
1.2
0.4
0.1
0.0

0.3
0.3
0.3
0.5
0.7
0.4
0.3

0.3
(X)
(X)
1.1
0.5
0.3
-0.1

0.6
(NA)
(NA)
0.6
0.8
0.5
0.5

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

0.1
(NA)
(NA)
0.1
0.2
0.1
0.1

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

0.1
0.3
0.2
0.3
0.2
0.1
0.1

0.1
0.2
(X)
(X)

0.3
0.3
0.6
0.3

0.7
0.2
(X)
(X)

0.4
1.2
0.8
0.3

0.3
0.0
(X)
(X)

0.2
0.1
0.5
0.1

-0.1
0.0
(X)
(X)

0.2
0.1
0.3
0.0

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
0.1
0.6
0.7
0.6
0.8
1.2
0.4
0.6
0.5
0.2
0.3

(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)

0.1
0.2
0.4
0.2
0.2
0.4
0.1
0.2
0.2
0.6
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, June Full Report, August 4, 2020. Information on
data sources and methodology can be found on our website at
.


File Typeapplication/pdf
AuthorNathan R Scarlett (CENSUS/EID FED)
File Modified2020-08-03
File Created2020-08-03

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