FOR RELEASE AT 10:00 AM EDT, FRIDAY, AUGUST 2, 2024

MONTHLY FULL REPORT ON MANUFACTURERS’ SHIPMENTS, INVENTORIES AND ORDERS

JUNE 2024
Release Number: CB 24-118 M3-2 (24)-06

August 2, 2024 — The U.S. Census Bureau announces the June full report on manufacturers’ shipments,
inventories and orders:

MANUFACTURERS' NEW ORDERS 2023-2024

Seasonally Adjusted, Month-To-Month Percentage Change
5.0%
MANUFACTURED GOODS – NEW ORDERS 3.7%
4.0%

3.0%

2.0% 1.5% 1.4%

1.0%
0.7%
JUNE 2024 $564.2 billion -3.3%° 1.0% 0.4%

0.0%

-1.0%
MAY 2024 -0.5%
$583.3 billion -0.5%° -1.0%
(revised) -2.0%
-2.1% -2.3%
-3.0%
-3.0%
Next release: September 4, 2024 -4.0% -3.3%

-5.0%
Data adjusted for seasonal variation but not for price changes. Statistical significance is not Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24
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 2, 2024.
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories and Orders, August 2, 2024.

Summary
New orders for manufactured goods in June, down two consecutive months, decreased $19.1 billion or 3.3
percent to $564.2 billion, the U.S. Census Bureau reported today. This followed a 0.5 percent May
decrease. Shipments, up four of the last five months, increased $3.1 billion or 0.5 percent to $588.0
billion. This followed a 0.7 percent May decrease. Unfilled orders, down following forty-six consecutive
monthly increases, decreased $19.0 billion or 1.4 percent to $1,383.9 billion. This followed a 0.2 percent
May increase. The unfilled orders-to-shipments ratio was 6.94, down from 7.17 in May. Inventories, down
following four consecutive monthly increases, decreased $0.2 billion or virtually unchanged to $859.2
billion. This followed a 0.1 percent May increase. The inventories-to-shipments ratio was 1.46, down from
1.47 in May.

New Orders
New orders for manufactured durable goods in June, down following four consecutive monthly increases,
decreased $18.8 billion or 6.7 percent to $264.1 billion, down from the previously published 6.6 percent
decrease. This followed a 0.1 percent May increase. Transportation equipment, down two of the last

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three months, drove the decrease, $19.6 billion or 20.6 percent to $75.8 billion. New orders for
manufactured nondurable goods decreased $0.3 billion or 0.1 percent to $300.0 billion.

Shipments
Shipments of manufactured durable goods in June, up four of the last five months, increased $3.4 billion or
1.2 percent to $287.9 billion, unchanged from the previously published increase. This followed a 0.4
percent May decrease. Transportation equipment, also up four of the last five months, drove the increase,
$3.4 billion or 3.7 percent to $95.3 billion. Shipments of manufactured nondurable goods, down two
consecutive months, decreased $0.3 billion or 0.1 percent to $300.0 billion. This followed a 1.0 percent
May decrease. Petroleum and coal products, also down two consecutive months, drove the decrease, $1.5
billion or 2.2 percent to $63.6 billion.

Unfilled Orders
Unfilled orders for manufactured durable goods in June, down following forty-six consecutive monthly
increases, decreased $19.0 billion or 1.4 percent to $1,383.9 billion, down from the previously published
1.3 percent decrease. This followed a 0.2 percent May increase. Transportation equipment, down
following forty-one consecutive monthly increases, drove the decrease, $19.5 billion or 2.1 percent to
$889.7 billion.

Inventories
Inventories of manufactured durable goods in June, down following two consecutive monthly increases,
decreased $0.2 billion or virtually unchanged to $529.3 billion, unchanged from the previously published
decrease. This followed a 0.2 percent May increase. Transportation equipment, down following ten
consecutive monthly increases, drove the decrease, $0.3 billion or 0.1 percent to $172.0 billion.
Inventories of manufactured nondurable goods, down following four consecutive monthly increases,
decreased $0.1 billion or virtually unchanged to $329.9 billion. This followed a 0.1 percent May increase.
Food products, down two consecutive months, drove the decrease, $0.2 billion or 0.2 percent to $69.7
billion. By stage of fabrication, June materials and supplies decreased 0.4 percent in durable goods and
were virtually unchanged in nondurable goods. Work in process increased 0.2 percent in durable goods
and decreased 0.9 percent in nondurable goods. Finished goods increased 0.1 percent in durable goods
and 0.4 percent in nondurable goods.

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The Advance Report on durable goods for July is scheduled for release on August 26, 2024, at 8:30 a.m.
EDT and the Full Report on September 4, 2024, at 10:00 a.m. EDT. View the full schedule in the Economic
Briefing Room: <www.census.gov/economic-indicators/>. The full text and tables of this release can be
found at <www.census.gov/m3>.

EXPLANATORY NOTES
Figures in text are adjusted for seasonality, but not for inflation. Figures on new and unfilled orders
exclude data for semiconductor manufacturing.

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

The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure
avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board
(DRB) approval number: CBDRB-FY24-0254).

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-to-month changes of the total operations of the reporting units in the M3 panel
effectively represent the month-to-month movements of all establishments that make up the category.
The companies for which shipments data are currently reported or imputed in the M3 survey represent
approximately 60 percent of the total value of shipments for manufacturing establishments in the 2017
Economic Census, and these companies include roughly 61 percent of the manufacturing companies with
$500 million or more in shipments in the 2017 Economic Census. The companies for which shipments data
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are currently reported in the M3 survey represent approximately 51 percent of the total value of
shipments for manufacturing establishments in the 2017 Economic Census. Statistics based on the M3
panel differ from the results that would be obtained from a complete enumeration of all manufacturing
companies. The M3 panel is not based on a probability sample; therefore, the sampling errors that are
normally provided with sample surveys cannot be measured. Nonsampling errors are attributable to many
sources. The use of company or divisional reports to estimate the monthly change for establishments is
one source of nonsampling error. The use of primarily large companies to represent the month-to-month
movement of all companies is another potential source. Any corrections will be published in the full
report. Corrections received after the full report will be released in the next month’s advance report. Any
revisions made later than two months will be reflected in the annual benchmark publication. Additional
survey documentation can be found on our web site:
<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.

Notice of Revisions and Changes Due to Updated Seasonal Adjustment Models:

On May 14, 2024, monthly seasonally adjusted data for Manufacturers’ Shipments, Inventories, and
Orders were revised for January 2012 through March 2024. There was no accompanying press release
containing revised seasonally adjusted data for January through March of 2024, and historical data not
seasonally adjusted were unchanged. These revisions to the historical seasonally adjusted data were
based on the results of the recent annual review of the seasonal adjustment models. These results of the
annual seasonal review were used to produce seasonally adjusted data from the Manufacturers’
Shipments, Inventories, and Orders Survey, beginning with the April 2024 Advance Report on Durable
Goods released on May 24, 2024, and the Full Report released on June 4, 2024. Please call M3 staff on
(301) 763-4832 with any questions.

Special Notice:
Beginning with the release of June 2024 data on July 25, 2024, advance estimates of total manufacturing
include Petroleum and coal products shipments and inventories data, an enhancement of the publication
to include an early snapshot of this industry from the monthly Manufacturers’ Shipments, Inventories and
Orders. These estimates are available on a seasonally adjusted basis as well as a not seasonally adjusted
basis and are included in the Advance Total Manufacturing Estimates file on the M3 website under the
“Latest Monthly Advance report on manufacturers’ Shipments, Inventories and Order”, Monthly Advance
Report on Durable Goods Manufacturers' Shipments Inventories and Orders - Press Releases (census.gov).

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RESOURCES
API
The Census Bureau’s application programming interface (API) lets developers create custom apps to reach
new users and makes key demographic, socio-economic and housing statistics more accessible than ever
before.
<www.census.gov/developers/>.

FRED Mobile App

Receive the latest updates on the nation’s key economic indicators by downloading
the FRED App <https://fred.stlouisfed.org/fred-mobile/> for both Apple and
Android devices. FRED, the signature database of the Federal Reserve Bank of St.
Louis, now incorporates the Census Bureau’s 13 economic indicators.

###

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Table 1. Value of Manufacturers' Shipments for Industry Groups1
[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly Year to date
Industry % Change
June May Apr. May - Apr. - Mar. - June May Apr. June 2024/
p r p r p
2024 2024 2024 June May Apr. 2024 2024 2024 2023 2024 2023 2023

All manufacturing industries......………… 587,962 584,836 589,029 0.5 -0.7 0.8 608,700 601,302 589,418 609,697 3,500,966 3,444,881 1.6
Excluding transportation……….……… 492,680 492,978 496,285 -0.1 -0.7 0.4 507,289 507,320 499,294 508,500 2,951,790 2,907,069 1.5
Excluding defense…………...…..………. 571,510 567,910 572,142 0.6 -0.7 0.8 591,639 584,570 573,538 593,037 3,402,859 3,354,289 1.4
With unfilled orders…………...…..…….. 199,374 195,592 196,776 1.9 -0.6 1.3 212,430 200,067 194,219 215,042 1,182,611 1,167,723 1.3
Durable goods industries………….…..……. 287,931 284,523 285,652 1.2 -0.4 1.1 303,065 291,934 282,467 307,882 1,706,097 1,682,107 1.4
Wood products…………..……...….………… 13,212 13,247 13,337 -0.3 -0.7 -0.7 14,146 14,636 14,163 14,647 80,869 80,794 0.1
Nonmetallic mineral products…….…………. 13,338 13,268 13,328 0.5 -0.5 0.4 14,028 14,157 13,585 14,752 78,129 78,261 -0.2
Primary metals…………………….………….. 26,591 26,656 26,668 -0.2 0.0 0.7 27,028 28,087 27,706 28,463 163,519 164,615 -0.7
Iron and steel mills…………..……….…. 14,477 14,319 14,597 1.1 -1.9 -0.8 14,672 15,157 15,289 15,730 90,165 91,233 -1.2
Aluminum and nonferrous metals………. 10,452 10,633 10,373 -1.7 2.5 2.1 10,613 11,057 10,602 10,909 63,005 62,964 0.1
Ferrous metal foundries………..…..……. 1,662 1,704 1,698 -2.5 0.4 5.9 1,743 1,873 1,815 1,824 10,349 10,418 -0.7
Fabricated metal products…….……………. 36,312 36,259 36,292 0.1 -0.1 0.0 37,423 37,742 36,775 37,895 219,254 213,038 2.9
Machinery……………………………………… 38,121 37,979 37,979 0.4 0.0 0.3 40,426 39,482 38,215 41,428 230,664 227,751 1.3
Farm machinery…..………….…………… 2,572 2,629 2,614 -2.2 0.6 -9.8 2,683 2,741 3,039 2,709 16,949 15,818 7.2
Construction machinery…..………….… 4,379 4,358 4,445 0.5 -2.0 -0.2 4,649 4,722 4,695 4,915 27,395 26,354 4.0
Mining, oil field, and
gas field machinery………...………….. 1,704 1,688 1,638 0.9 3.1 -1.0 1,685 1,695 1,574 1,695 9,791 10,213 -4.1
Industrial machinery……….……………. 3,749 3,859 3,871 -2.9 -0.3 3.1 4,314 3,698 3,505 4,249 22,606 21,506 5.1
Photographic equipment….……………… 651 620 604 5.0 2.6 -3.4 746 629 529 750 3,770 3,771 0.0
Ventilation, heating, air-conditioning,
and refrigeration equipment………… 5,353 5,250 5,265 2.0 -0.3 1.3 6,208 5,822 5,242 5,906 31,536 28,921 9.0
Metalworking machinery......……..……. 2,661 2,687 2,700 -1.0 -0.5 0.1 2,681 2,662 2,602 2,806 16,169 16,336 -1.0
Turbines, generators, and other
power transmission equipment….… 3,954 3,886 3,858 1.7 0.7 0.7 4,012 3,969 3,906 4,081 23,278 23,927 -2.7
Material handling equipment…………… 4,008 3,929 3,895 2.0 0.9 3.9 3,984 4,071 3,870 4,365 23,813 23,962 -0.6
Computers and electronic products2………. 29,428 29,507 29,623 -0.3 -0.4 0.0 31,322 27,695 27,016 31,366 171,671 169,559 1.2
Computers…………...……………………. 995 1,018 1,029 -2.3 -1.1 3.8 1,161 1,047 975 992 5,804 4,691 23.7
Computer storage devices……….……….. 392 419 419 -6.4 0.0 1.7 505 362 386 500 2,485 2,333 6.5
Other peripheral equipment……….…… 846 844 840 0.2 0.5 5.4 955 723 689 971 4,696 4,495 4.5
Nondefense communications
equipment……………………….…….. 2,864 2,803 2,866 2.2 -2.2 0.0 3,498 2,477 2,572 3,514 16,566 16,598 -0.2
Defense communications equipment…. 196 200 204 -2.0 -2.0 1.5 198 189 201 200 1,147 1,172 -2.1
Audio and video equipment……...……….. 457 463 482 -1.3 -3.9 -7.1 383 466 403 434 2,616 2,268 15.3
Electronic components…………..……….. 4,973 5,037 4,992 -1.3 0.9 1.0 5,162 5,093 4,694 5,031 29,787 28,034 6.3
Nondefense search and navigation
equipment……………….……...………. 1,671 1,668 1,683 0.2 -0.9 2.2 1,771 1,637 1,581 1,756 9,835 9,647 1.9
Defense search and navigation
equipment…………..…………....……. 3,406 3,437 3,423 -0.9 0.4 0.4 3,548 3,373 3,270 3,397 20,019 18,930 5.8
Electromedical, measuring,
and control instruments……..…...… 8,720 8,707 8,799 0.1 -1.0 -0.3 9,485 8,096 8,050 9,734 50,747 51,380 -1.2
Electrical equipment, appliances,
and components………….….……………… 14,166 14,192 14,200 -0.2 -0.1 0.6 15,280 14,477 13,900 15,633 85,385 83,881 1.8
Electric lighting equipment…..…..……….. 1,370 1,344 1,360 1.9 -1.2 -2.4 1,429 1,390 1,341 1,398 8,115 7,624 6.4
Household appliances…………..………. 2,379 2,319 2,298 2.6 0.9 -3.6 2,608 2,374 2,144 2,602 13,810 13,873 -0.5
Electrical equipment………….…………… 4,439 4,575 4,673 -3.0 -2.1 3.2 5,006 4,693 4,524 5,422 28,179 27,822 1.3
Batteries………………...…….……....….. 1,482 1,420 1,314 4.4 8.1 0.9 1,474 1,337 1,299 1,352 7,977 7,595 5.0
Transportation equipment………….……….. 95,282 91,858 92,744 3.7 -1.0 3.1 101,411 93,982 90,124 101,197 549,176 537,812 2.1
Automobiles……………………...………. 9,102 9,107 9,172 -0.1 -0.7 1.3 8,844 9,557 8,881 9,442 54,711 53,325 2.6
Light trucks and utility vehicles………….. 22,928 23,432 23,098 -2.2 1.4 4.1 23,100 23,958 22,241 22,888 130,410 125,241 4.1
Heavy duty trucks ………...…………….. 3,187 2,979 3,159 7.0 -5.7 -1.1 3,287 3,134 3,237 3,231 19,223 17,513 9.8
Motor vehicle bodies, parts,
and trailers………….…….....………… 29,241 29,020 29,082 0.8 -0.2 0.5 29,221 30,656 30,044 30,605 178,570 177,470 0.6
Nondefense aircraft and parts…..……….. 15,289 11,451 12,205 33.5 -6.2 13.0 20,809 10,605 10,337 18,384 72,218 72,319 -0.1
Defense aircraft and parts……...…...… 4,810 5,122 5,223 -6.1 -1.9 4.6 5,099 5,098 4,886 5,300 29,480 27,921 5.6
Ships and boats……..………….…….….. 3,343 3,347 3,487 -0.1 -4.0 0.3 3,543 3,557 3,566 3,994 21,050 23,156 -9.1
Furniture and related products…….….……. 6,898 6,887 6,837 0.2 0.7 -0.2 7,044 6,954 6,674 7,175 40,722 40,707 0.0
Miscellaneous durable goods……..……… 14,583 14,670 14,644 -0.6 0.2 0.4 14,957 14,722 14,309 15,326 86,708 85,689 1.2
Nondurable goods industries…….………….. 300,031 300,313 303,377 -0.1 -1.0 0.5 305,635 309,368 306,951 301,815 1,794,869 1,762,774 1.8
Food products……….…………..……….….. 80,537 80,426 80,067 0.1 0.4 0.2 79,818 80,300 79,388 79,276 477,883 472,783 1.1
Grain and oilseed milling…….....….…….. 9,136 9,214 9,318 -0.8 -1.1 0.2 8,851 9,089 9,318 9,758 55,829 59,382 -6.0
Dairy products……………...……...……. 11,762 11,813 11,653 -0.4 1.4 -0.5 11,651 12,049 11,601 11,534 69,944 69,307 0.9
Meat, poultry, and seafood products… 23,774 23,708 23,816 0.3 -0.5 0.1 24,515 24,498 23,879 24,935 143,132 144,217 -0.8
Beverage and tobacco products……………. 19,631 19,322 19,101 1.6 1.2 1.3 20,138 19,946 19,345 18,599 113,380 102,351 10.8
Beverages………………..….…..………… 11,531 11,478 11,391 0.5 0.8 0.4 12,038 12,102 11,635 11,566 67,958 63,541 7.0
Tobacco……...……..…….……………….. 8,100 7,844 7,710 3.3 1.7 2.6 8,100 7,844 7,710 7,033 45,422 38,810 17.0
Textile mills………………….………………… 2,118 2,098 2,083 1.0 0.7 0.4 2,210 2,145 2,123 2,207 12,585 12,809 -1.7
Textile products………..…………………… 1,965 1,940 1,973 1.3 -1.7 0.1 2,115 2,019 2,034 2,139 11,987 12,188 -1.6
Apparel……………………..……..………….. 827 828 814 -0.1 1.7 -0.4 772 797 743 782 4,633 4,822 -3.9
Leather and allied products…………………. 546 528 525 3.4 0.6 -3.8 538 546 550 482 3,305 2,941 12.4
Paper products…………………….……..….. 17,289 17,290 17,324 0.0 -0.2 0.4 17,382 17,782 17,195 17,949 103,931 104,820 -0.8
Pulp, paper, and paperboard mills....… 6,896 6,907 6,914 -0.2 -0.1 0.7 6,849 7,040 6,879 7,017 41,224 41,848 -1.5
Paperboard containers……..……………. 6,295 6,283 6,297 0.2 -0.2 -0.2 6,354 6,398 6,242 6,681 37,902 37,804 0.3
Printing…………………...………….…….….. 7,379 7,319 7,338 0.8 -0.3 1.2 7,222 7,421 7,354 7,382 43,177 42,976 0.5
Petroleum and coal products……………… 63,579 65,031 69,127 -2.2 -5.9 0.6 66,505 69,341 71,546 65,734 390,832 391,104 -0.1
Petroleum refineries………...……..…… 58,671 60,107 64,164 -2.4 -6.3 0.5 61,031 64,068 66,733 60,201 362,540 363,653 -0.3
Chemical products……..……………..………… 80,877 80,359 79,946 0.6 0.5 0.5 82,906 82,703 81,031 80,905 481,472 467,282 3.0
Pesticides, fertilizers, and other
agricultural chemicals….…...……….... 4,375 4,251 4,185 2.9 1.6 1.3 4,346 4,544 4,940 3,942 27,712 25,784 7.5
Pharmaceuticals and medicines…………. 27,161 27,003 26,755 0.6 0.9 1.3 27,771 27,298 26,242 25,604 157,682 144,814 8.9
Paints, coatings, and adhesives…....… 4,105 4,127 4,156 -0.5 -0.7 -0.2 4,247 4,605 4,507 4,558 25,374 25,478 -0.4
Plastics and rubber products…...………… 25,283 25,172 25,079 0.4 0.4 0.7 26,029 26,368 25,642 26,360 151,684 148,698 2.0

p
Preliminary
r
Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted
data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the
model parameters. Estimates are not adjusted for price changes.
2
Estimates and percent changes of shipments for the semiconductor industry are included in computers and electronic products, and all other applicable aggregate totals.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the
survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY24-
0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on data sources and methodology can be found on our website at
<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 2. Value of Manufacturers' New Orders for Industry Groups1
[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly Year to date
Industry % Change
June May Apr. May - Apr. - Mar. - June May Apr. June 2024/
2024p 2024
r
2024 June May Apr. 2024
p
2024
r
2024 2023 2024p 2023 2023

2
All manufacturing industries ......……….…….. 564,170 583,300 586,114 -3.3 -0.5 0.4 593,475 594,104 582,517 626,053 3,469,317 3,472,199 -0.1
Excluding transportation2……….………… 488,377 487,861 491,247 0.1 -0.7 0.5 501,110 502,678 496,602 500,938 2,932,538 2,886,614 1.6
2
Excluding defense …………...…..………. 547,193 566,573 569,903 -3.4 -0.6 0.0 574,661 579,003 568,234 608,257 3,375,711 3,371,033 0.1
2
With unfilled orders ………...…..………… 180,343 198,821 198,602 -9.3 0.1 -0.1 201,718 196,963 191,384 236,087 1,178,071 1,224,166 -3.8
2
Durable goods industries ………….…..……. 264,139 282,987 282,737 -6.7 0.1 0.2 287,840 284,736 275,566 324,238 1,674,448 1,709,425 -2.0

Primary metals…………………….…………… 26,746 26,823 26,900 -0.3 -0.3 1.2 26,816 28,097 27,725 28,182 164,826 165,000 -0.1
Iron and steel mills…………..……….…… 14,537 14,243 14,392 2.1 -1.0 -1.7 14,576 15,026 14,829 15,611 90,259 91,764 -1.6
Aluminum and nonferrous metals………. 10,608 10,895 10,759 -2.6 1.3 5.0 10,673 11,250 10,955 10,793 64,188 62,810 2.2
Ferrous metal foundries………..…..……. 1,601 1,685 1,749 -5.0 -3.7 2.3 1,567 1,821 1,941 1,778 10,379 10,426 -0.5
Fabricated metal products…….…………….. 36,222 36,166 36,184 0.2 0.0 0.2 36,747 38,865 37,668 37,311 223,525 217,685 2.7
Machinery……………………………………… 37,885 37,328 37,603 1.5 -0.7 0.4 39,323 38,195 38,542 39,706 230,179 228,803 0.6
Construction machinery…..………………. 4,519 4,339 4,430 4.1 -2.1 1.1 4,558 4,440 4,811 4,504 27,001 25,802 4.6
Mining, oil field, and
gas field machinery………...………….. 1,562 1,510 1,730 3.4 -12.7 9.4 1,543 1,517 1,666 1,513 9,706 9,948 -2.4
Industrial machinery……….……………… 3,695 3,740 3,723 -1.2 0.5 2.3 4,108 3,508 3,563 3,697 21,918 22,018 -0.5
Photographic equipment….………………. 614 604 579 1.7 4.3 -1.5 608 600 474 588 3,491 3,822 -8.7
Ventilation, heating, air-conditioning,
and refrigeration equipment…………… 5,560 5,224 5,079 6.4 2.9 0.1 6,185 5,707 5,129 5,661 31,978 29,764 7.4
Metalworking machinery......……..……… 2,610 2,629 2,686 -0.7 -2.1 -5.3 2,573 2,537 2,646 2,565 16,501 16,075 2.7
Turbines, generators, and other
power transmission equipment….……. 3,894 3,799 3,830 2.5 -0.8 -2.4 3,952 3,882 3,878 4,351 23,644 23,885 -1.0
Material handling equipment……………… 3,726 3,774 3,804 -1.3 -0.8 1.8 3,897 3,756 3,681 4,639 23,286 24,168 -3.6
Computers and electronic products2……….. 25,170 25,029 24,908 0.6 0.5 0.6 27,478 23,170 22,798 26,919 145,780 141,246 3.2
Computers…………...……………………. 1,018 1,017 1,006 0.1 1.1 1.7 1,184 1,046 952 1,003 5,843 4,693 24.5
Nondefense communications
equipment……………………….…….… 2,944 2,833 2,796 3.9 1.3 2.9 3,492 2,370 2,355 3,391 15,890 15,997 -0.7
Defense communications equipment……. 195 199 200 -2.0 -0.5 1.0 198 185 193 204 1,128 1,160 -2.8
Electronic components…………..……….. 5,038 5,046 4,906 -0.2 2.9 -0.5 5,097 4,936 4,669 4,796 29,434 27,253 8.0
Nondefense search and navigation
equipment……………….……...………. 1,840 1,837 1,797 0.2 2.2 6.4 1,992 1,777 1,712 1,895 10,567 10,490 0.7
Defense search and navigation
equipment…………..…………....…..… 3,619 3,543 3,514 2.1 0.8 -3.2 4,155 3,122 3,389 3,957 21,534 20,035 7.5
Electromedical, measuring,
and control instruments……..…...……. 8,674 8,682 8,803 -0.1 -1.4 0.8 9,374 8,045 7,921 9,620 50,727 51,636 -1.8
Electrical equipment, appliances,
and components………….….……………… 14,305 14,129 14,146 1.2 -0.1 0.9 15,194 14,355 13,998 15,493 86,185 85,324 1.0
Electric lighting equipment…..…..……….. 1,378 1,326 1,326 3.9 0.0 -10.0 1,572 1,285 1,290 1,568 8,307 7,883 5.4
Household appliances…………..………… 2,402 2,422 2,419 -0.8 0.1 2.2 2,560 2,457 2,227 2,530 14,188 13,886 2.2
Electrical equipment………….…………… 4,505 4,471 4,592 0.8 -2.6 3.3 4,918 4,536 4,609 5,094 28,340 28,634 -1.0
Transportation equipment…………………… 75,793 95,439 94,867 -20.6 0.6 -0.1 92,365 91,426 85,915 125,115 536,779 585,585 -8.3
Motor vehicle bodies, parts,
and trailers………….…….....…………. 29,078 28,927 29,026 0.5 -0.3 -0.2 28,258 30,024 29,607 29,959 177,362 177,129 0.1
Nondefense aircraft and parts…..……….. -4,233 15,581 15,276 -127.2 2.0 -14.7 11,611 10,347 8,376 41,930 67,566 111,068 -39.2
Defense aircraft and parts……...….……. 4,634 5,087 4,424 -8.9 15.0 6.7 5,130 4,562 3,769 6,278 26,665 32,791 -18.7
Ships and boats……..………….…………. 3,338 3,157 3,148 5.7 0.3 20.1 3,644 2,893 2,570 3,702 19,544 25,435 -23.2
Furniture and related products…….….…….. 6,880 6,891 6,825 -0.2 1.0 -0.8 6,781 7,116 6,868 6,818 41,496 41,224 0.7
Nondurable goods industries......…………… 300,031 300,313 303,377 -0.1 -1.0 0.5 305,635 309,368 306,951 301,815 1,794,869 1,762,774 1.8

p
Preliminary
r
Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include
adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual
review of the model parameters. Estimates are not adjusted for price changes.
2
Data on new orders are not available for the semiconductor industry. Estimates and percent changes for new orders exclude semiconductor industry data.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting.
Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-
FY24-0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on data sources and methodology can be found on our website at
<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 3. Value of Manufacturers' Unfilled Orders for Industry Groups1
[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly % Change
Industry June
June May Apr. May - Apr. - Mar. - June May Apr. June 2024/
p r p r
2024 2024 2024 June May Apr. 2024 2024 2024 2023 2023

2
All manufacturing industries ......……….…… 1,383,880 1,402,911 1,399,682 -1.4 0.2 0.1 1,388,671 1,399,383 1,402,487 1,326,739 4.7
2
Excluding transportation ……….………… 494,135 493,677 494,029 0.1 -0.1 -0.1 497,740 499,406 499,954 501,054 -0.7
2
Excluding defense …………...…..……… 1,148,093 1,167,649 1,164,221 -1.7 0.3 0.2 1,151,558 1,164,023 1,165,496 1,081,437 6.5
2
Durable goods industries ………….…..…… 1,383,880 1,402,911 1,399,682 -1.4 0.2 0.1 1,388,671 1,399,383 1,402,487 1,326,739 4.7

Primary metals…………………….…………… 39,234 39,079 38,912 0.4 0.4 0.6 39,618 39,830 39,820 38,151 3.8
Iron and steel mills…………..……….……. 23,269 23,209 23,285 0.3 -0.3 -0.9 23,480 23,576 23,707 22,992 2.1
Aluminum and nonferrous metals…………. 10,946 10,790 10,528 1.4 2.5 3.8 11,120 11,060 10,867 10,555 5.4
Ferrous metal foundries………..…..…….. 5,019 5,080 5,099 -1.2 -0.4 1.0 5,018 5,194 5,246 4,604 9.0
Fabricated metal products…….……………… 128,931 129,021 129,114 -0.1 -0.1 -0.1 130,943 131,619 130,496 131,071 -0.1
Machinery………………………………………. 133,586 133,822 134,473 -0.2 -0.5 -0.3 133,839 134,942 136,229 139,409 -4.0
Construction machinery…..……………….. 9,573 9,433 9,452 1.5 -0.2 -0.2 9,536 9,627 9,909 10,835 -12.0
Mining, oil field, and
gas field machinery………...………….. 4,561 4,703 4,881 -3.0 -3.6 1.9 4,561 4,703 4,881 5,047 -9.6
Industrial machinery……….………………. 10,070 10,124 10,243 -0.5 -1.2 -1.4 10,102 10,308 10,498 12,195 -17.2
Photographic equipment….……………….. 3,381 3,418 3,434 -1.1 -0.5 -0.7 3,270 3,408 3,437 3,894 -16.0
Ventilation, heating, air-conditioning,
and refrigeration equipment……………. 13,795 13,588 13,614 1.5 -0.2 -1.3 13,914 13,937 14,052 13,795 0.9
Metalworking machinery......……..………. 9,242 9,293 9,351 -0.5 -0.6 -0.1 9,266 9,374 9,499 9,523 -2.7
Turbines, generators, and other
power transmission equipment….…….. 33,341 33,401 33,488 -0.2 -0.3 -0.1 33,341 33,401 33,488 32,086 3.9
Material handling equipment………………. 18,412 18,694 18,849 -1.5 -0.8 -0.5 18,485 18,572 18,887 19,446 -4.9
Computers and electronic products2…………. 135,952 135,449 135,162 0.4 0.2 0.0 136,397 135,728 136,159 135,202 0.9
Computers…………...…………………….. 1,311 1,288 1,289 1.8 -0.1 -1.8 1,311 1,288 1,289 1,285 2.0
Nondefense communications
equipment……………………….…….… 17,281 17,201 17,171 0.5 0.2 -0.4 17,205 17,211 17,318 16,946 1.5
Defense communications equipment…….. 230 231 232 -0.4 -0.4 -1.7 227 227 231 234 -3.0
Electronic components…………..………… 16,181 16,116 16,107 0.4 0.1 -0.5 16,058 16,123 16,280 16,730 -4.0
Nondefense search and navigation
equipment……………….……...……….. 32,531 32,362 32,193 0.5 0.5 0.4 32,561 32,340 32,200 31,222 4.3
Defense search and navigation
equipment…………..…………....…..…. 36,426 36,213 36,107 0.6 0.3 0.3 36,938 36,331 36,582 36,628 0.8
Electromedical, measuring,
and control instruments……..…...…….. 31,992 32,038 32,063 -0.1 -0.1 0.0 32,097 32,208 32,259 32,157 -0.2
Electrical equipment, appliances,
and components………….….………………. 43,797 43,658 43,721 0.3 -0.1 -0.1 43,995 44,081 44,203 43,858 0.3
Electric lighting equipment…..…..……….. 3,810 3,802 3,820 0.2 -0.5 -0.9 3,885 3,742 3,847 3,962 -1.9
Household appliances…………..…………. 6,003 5,980 5,877 0.4 1.8 2.1 5,927 5,975 5,892 4,593 29.0
Electrical equipment………….……………. 21,730 21,664 21,768 0.3 -0.5 -0.4 21,830 21,918 22,075 22,556 -3.2
Transportation equipment……………………. 889,745 909,234 905,653 -2.1 0.4 0.2 890,931 899,977 902,533 825,685 7.9
Motor vehicle bodies, parts,
and trailers………….…….....………….. 34,461 34,624 34,717 -0.5 -0.3 -0.2 33,916 34,879 35,511 34,600 -2.0
Nondefense aircraft and parts…..……….. 645,535 665,057 660,927 -2.9 0.6 0.5 646,456 655,654 655,912 569,464 13.5
Defense aircraft and parts……...….…….. 69,728 69,904 69,939 -0.3 -0.1 -1.1 69,903 69,872 70,408 72,172 -3.1
Ships and boats……..………….…………. 52,042 52,047 52,237 0.0 -0.4 -0.6 52,656 52,555 53,219 57,465 -8.4
Furniture and related products…….….…….. 10,672 10,690 10,686 -0.2 0.0 -0.1 10,985 11,248 11,086 11,259 -2.4

p
Preliminary
r
Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders
include adjusted data for non-calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of
the latest annual review of the model parameters. Estimates are not adjusted for price changes.
2
Data on unfilled orders are not available for the semiconductor industry. Estimates and percent changes for unfilled orders exclude semiconductor industry data.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and
nonreporting. Since the survey panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see
<http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number:
CBDRB-FY24-0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on data sources and methodology can be found on our website at
<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 4. Value of Manufacturers' Inventories for Industry Groups1
[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly % Change
Industry June
June May Apr. May - Apr. - Mar. - June May Apr. June 2024/
p r p r
2024 2024 2024 June May Apr. 2024 2024 2024 2023 2023

All manufacturing industries......……………. 859,198 859,416 858,304 0.0 0.1 0.1 858,471 865,679 863,860 851,895 0.8
Excluding transportation……….………….. 687,207 687,169 687,110 0.0 0.0 0.0 687,553 692,544 692,246 688,534 -0.1
Excluding defense…………...…..……… 828,161 828,574 827,478 0.0 0.1 0.1 827,345 834,624 832,929 822,357 0.6
With unfilled orders…………...…..……… 429,493 429,642 428,438 0.0 0.3 0.2 429,889 433,246 430,826 423,468 1.5
Durable goods industries………….…..…… 529,308 529,463 528,539 0.0 0.2 0.1 528,551 533,828 531,341 522,292 1.2
Wood products…………..……...….…………. 16,070 16,039 15,930 0.2 0.7 0.7 15,794 15,882 16,013 15,575 1.4
Nonmetallic mineral products…….………….. 17,609 17,522 17,477 0.5 0.3 0.1 17,758 17,841 17,765 17,208 3.2
Primary metals…………………….……………. 45,449 45,493 45,601 -0.1 -0.2 -0.1 45,833 46,192 46,016 46,945 -2.4
Iron and steel mills…………..……….……. 26,217 26,510 26,718 -1.1 -0.8 -0.3 26,554 26,793 26,821 27,651 -4.0
Aluminum and nonferrous metals………… 16,013 15,796 15,697 1.4 0.6 0.3 16,065 16,152 15,933 16,128 -0.4
Ferrous metal foundries………..…..…….. 3,219 3,187 3,186 1.0 0.0 -0.9 3,214 3,247 3,262 3,166 1.5
Fabricated metal products…….……………… 64,628 64,564 64,598 0.1 -0.1 0.0 64,984 65,280 65,146 65,253 -0.4
Machinery………………………………………. 94,461 94,421 94,664 0.0 -0.3 -0.1 94,438 95,221 95,162 94,807 -0.4
Farm machinery…..………….……………. 5,166 5,221 5,373 -1.1 -2.8 -1.5 5,061 5,240 5,403 5,616 -9.9
Construction machinery…..………….……. 10,164 10,061 9,957 1.0 1.0 1.1 10,115 10,105 10,127 9,381 7.8
Mining, oil field,
and gas field machinery………...…….. 5,252 5,317 5,396 -1.2 -1.5 -1.6 5,292 5,353 5,371 5,950 -11.1
Industrial machinery……….………………. 10,866 10,866 10,967 0.0 -0.9 -0.4 11,169 10,922 10,574 11,566 -3.4
Photographic equipment….………………. 1,389 1,400 1,396 -0.8 0.3 0.0 1,358 1,420 1,414 1,435 -5.4
Ventilation, heating, air-conditioning,
and refrigeration equipment…………… 9,095 9,218 9,373 -1.3 -1.7 -1.1 9,066 9,638 9,833 9,736 -6.9
Metalworking machinery......……..………. 7,577 7,586 7,592 -0.1 -0.1 0.3 7,597 7,639 7,603 7,419 2.4
Turbines, generators, and other
power transmission equipment….…….. 12,631 12,521 12,485 0.9 0.3 0.4 12,570 12,675 12,625 11,892 5.7
Material handling equipment……………… 8,348 8,274 8,133 0.9 1.7 0.3 8,303 8,281 8,180 7,992 3.9
Computers and electronic products2………… 54,969 55,106 55,067 -0.2 0.1 -0.4 54,595 55,541 55,263 54,641 -0.1
Computers…………...…………………….. 1,756 1,823 1,881 -3.7 -3.1 -0.3 1,819 1,877 1,858 2,003 -9.2
Computer storage devices……….………. 623 617 619 1.0 -0.3 -1.1 611 624 602 618 -1.1
Other peripheral equipment……….……… 971 965 966 0.6 -0.1 -3.4 945 985 967 1,040 -9.1
Nondefense communications
equipment……………………….………. 4,323 4,327 4,330 -0.1 -0.1 -0.5 4,292 4,400 4,384 4,346 -1.2
Defense communications equipment…….. 644 652 660 -1.2 -1.2 2.6 644 652 660 634 1.6
Audio and video equipment……...……….. 556 557 565 -0.2 -1.4 -3.7 568 586 596 788 -27.9
Electronic components…………..………… 10,262 10,357 10,256 -0.9 1.0 -0.6 10,123 10,299 10,477 10,449 -3.1
Nondefense search and navigation
equipment……………….……...………. 4,301 4,275 4,264 0.6 0.3 -0.4 4,251 4,245 4,250 4,177 1.8
Defense search and navigation
equipment…………..…………....…..…. 3,479 3,488 3,482 -0.3 0.2 0.2 3,476 3,571 3,536 3,349 3.8
Electromedical, measuring
and control instruments……..…......….. 19,404 19,346 19,315 0.3 0.2 -0.3 19,379 19,659 19,410 18,934 2.4
Electrical equipment, appliances,
and components………….….………………. 26,045 26,087 26,050 -0.2 0.1 0.4 26,194 26,572 26,351 26,522 -1.2
Electric lighting equipment…..…..……….. 2,409 2,412 2,405 -0.1 0.3 -0.7 2,410 2,416 2,385 2,527 -4.6
Household appliances…………..…………. 3,542 3,572 3,591 -0.8 -0.5 0.6 3,578 3,663 3,645 3,675 -2.6
Electrical equipment………….……………. 9,823 9,797 9,787 0.3 0.1 0.3 9,833 9,977 9,903 9,883 -0.5
Batteries………………...…….……....…… 1,938 1,935 1,939 0.2 -0.2 0.2 2,043 2,033 2,015 2,009 1.7
Transportation equipment………….………… 171,991 172,247 171,194 -0.1 0.6 0.5 170,918 173,135 171,614 163,361 4.6
Automobiles……………………...………… 5,582 5,500 5,394 1.5 2.0 0.2 5,550 5,472 5,275 5,706 -2.7
Light trucks and utility vehicles………….. 9,239 9,394 9,798 -1.6 -4.1 -2.1 8,657 9,817 10,004 8,969 -3.5
Heavy duty trucks ………...………………. 2,992 3,014 2,959 -0.7 1.9 4.3 3,029 3,119 2,992 2,903 4.3
Motor vehicle bodies, parts,
and trailers………….…….....……….…. 35,798 35,678 35,693 0.3 0.0 -0.3 35,392 35,575 35,906 35,158 0.7
Nondefense aircraft and parts…..……….. 83,773 84,193 83,039 -0.5 1.4 1.1 83,734 84,486 83,049 77,658 7.8
Defense aircraft and parts……...…...…… 14,235 14,149 14,119 0.6 0.2 0.4 14,208 14,215 14,166 14,169 0.3
Ships and boats……..………….…….…… 4,932 4,949 4,905 -0.3 0.9 2.1 5,005 5,034 4,919 4,737 5.7
Furniture and related products…….….……… 10,110 10,054 10,037 0.6 0.2 -0.1 10,231 10,190 10,074 10,364 -1.3
Miscellaneous durable goods……..…………. 27,976 27,930 27,921 0.2 0.0 -0.3 27,806 27,974 27,937 27,616 0.7
Nondurable goods industries…….…………… 329,890 329,953 329,765 0.0 0.1 0.1 329,920 331,851 332,519 329,603 0.1
Food products……….…………..……….…… 69,741 69,915 70,097 -0.2 -0.3 0.2 67,995 68,154 69,121 69,645 -2.4
Grain and oilseed milling…….....….……… 6,792 6,902 6,988 -1.6 -1.2 -1.4 6,631 6,586 6,950 7,482 -11.4
Dairy products……………...……...……… 10,773 10,654 10,657 1.1 0.0 -0.2 11,133 10,992 10,924 11,168 -0.3
Meat, poultry, and seafood products……. 12,313 12,389 12,434 -0.6 -0.4 -0.2 12,040 12,205 12,298 12,931 -6.9
Beverage and tobacco products……………. 31,005 30,942 30,907 0.2 0.1 -0.2 30,924 31,137 31,330 30,697 0.7
Beverages………………..….…..………… 27,671 27,579 27,530 0.3 0.2 0.4 27,740 27,835 27,943 27,162 2.1
Tobacco……...……..…….……………….. 3,334 3,363 3,377 -0.9 -0.4 -4.6 3,184 3,302 3,387 3,535 -9.9
Textile mills………………….…………………. 3,511 3,517 3,536 -0.2 -0.5 -0.1 3,523 3,536 3,533 3,625 -2.8
Textile products………..……………………… 3,644 3,649 3,643 -0.1 0.2 0.1 3,615 3,631 3,625 3,664 -1.3
Apparel……………………..……..…………… 2,169 2,167 2,179 0.1 -0.6 -1.0 2,236 2,152 2,120 2,265 -1.3
Leather and allied products………………….. 1,297 1,264 1,241 2.6 1.9 0.2 1,302 1,263 1,225 1,277 2.0
Paper products…………………….……..…… 17,919 17,927 17,945 0.0 -0.1 -0.1 17,987 18,023 17,998 18,151 -0.9
Pulp, paper, and paperboard mills....……. 5,618 5,615 5,601 0.1 0.2 -0.2 5,627 5,661 5,644 5,669 -0.7
Paperboard containers……..…………….. 6,835 6,814 6,824 0.3 -0.1 0.3 6,850 6,821 6,788 6,850 0.0
Printing…………………...………….…….…… 6,714 6,694 6,670 0.3 0.4 0.8 6,700 6,681 6,663 6,813 -1.7
Petroleum and coal products………………… 47,751 47,836 47,603 -0.2 0.5 0.0 49,216 49,935 49,621 46,551 5.7
Petroleum refineries………...……..……… 41,015 41,202 40,991 -0.5 0.5 -0.2 42,380 43,147 42,876 39,659 6.9
Chemical products……..……………..………… 112,968 112,929 112,875 0.0 0.0 0.2 113,326 114,003 113,915 112,979 0.3
Pesticides, fertilizers, and other
agricultural chemicals….…...……….…. 5,934 5,982 5,944 -0.8 0.6 -0.7 5,708 5,974 6,032 5,920 -3.6
Pharmaceuticals and medicines………….. 49,300 49,264 49,224 0.1 0.1 0.2 49,956 49,771 49,753 48,225 3.6
Paints, coatings, and adhesives…....……. 5,436 5,423 5,376 0.2 0.9 -0.3 5,470 5,501 5,518 5,827 -6.1
Plastics and rubber products…...…………… 33,171 33,113 33,069 0.2 0.1 -0.1 33,096 33,336 33,368 33,936 -2.5

p
Preliminary
r Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for
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 <http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY24-0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on data sources and methodology can be found on our website at
<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 5. Value of Manufacturers' Shipments, New Orders, Unfilled Orders, and Total Inventories for
Topical Series1, 2
[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly Year to date
Industry % Change6
June May Apr. May - Apr. - Mar. - June May Apr. June 2024/
p r p r p
2024 2024 2024 June May Apr. 2024 2024 2024 2023 2024 2023 2023

SHIPMENTS
All manufacturing industries…………..……….. 587,962 584,836 589,029 0.5 -0.7 0.8 608,700 601,302 589,418 609,697 3,500,966 3,444,881 1.6

Construction materials and supplies……. 62,648 62,494 62,723 0.2 -0.4 -0.1 66,532 67,315 64,450 68,672 375,453 371,466 1.1
Information technology………….………… 24,841 24,859 25,049 -0.1 -0.8 0.4 27,156 23,820 23,377 27,255 145,849 143,138 1.9
Computers and related products……….. 2,233 2,281 2,288 -2.1 -0.3 4.0 2,621 2,132 2,050 2,463 12,985 11,519 12.7
Motor vehicle and parts……………………. 64,458 64,538 64,511 -0.1 0.0 1.8 64,452 67,305 64,403 66,166 382,914 373,549 2.5

Capital goods……….……………...…..….. 98,886 95,132 96,247 3.9 -1.2 2.1 109,541 94,283 92,158 108,742 572,920 565,414 1.3
Nondefense capital goods3……………… 84,863 80,635 81,796 5.2 -1.4 2.0 95,070 79,952 78,527 94,622 489,100 487,750 0.3
Excluding aircraft…….…………………. 74,010 73,890 74,371 0.2 -0.6 0.3 78,769 73,931 72,693 81,134 445,092 441,726 0.8
Defense capital goods4……….…….……. 14,023 14,497 14,451 -3.3 0.3 2.6 14,471 14,331 13,631 14,120 83,820 77,664 7.9

Consumer goods………………..………….. 250,106 251,488 254,535 -0.5 -1.2 0.8 253,418 258,318 254,846 249,492 1,488,938 1,454,941 2.3
Consumer durable goods……...………… 47,433 47,958 47,732 -1.1 0.5 2.2 47,863 49,499 46,455 48,727 277,136 270,700 2.4
Consumer nondurable goods……………. 202,673 203,530 206,803 -0.4 -1.6 0.5 205,555 208,819 208,391 200,765 1,211,802 1,184,241 2.3

NEW ORDERS

All manufacturing industries5…………..…….. 564,170 583,300 586,114 -3.3 -0.5 0.4 593,475 594,104 582,517 626,053 3,469,317 3,472,199 -0.1

Construction materials and supplies……. 62,826 62,293 62,438 0.9 -0.2 0.0 66,330 67,934 65,126 68,178 379,293 375,888 0.9
Information technology………….………… 25,284 25,077 25,076 0.8 0.0 0.9 27,659 23,574 23,176 27,660 147,210 145,141 1.4
Computers and related products……….. 2,256 2,280 2,265 -1.1 0.7 3.0 2,644 2,131 2,027 2,474 13,024 11,521 13.0
Motor vehicle and parts……………………. 64,295 64,445 64,455 -0.2 0.0 1.5 63,489 66,673 63,966 65,520 381,706 373,208 2.3

Capital goods……….……………...…..….. 79,716 97,824 97,857 -18.5 0.0 -0.8 100,611 90,879 89,462 130,324 563,679 615,090 -8.4
Nondefense capital goods3……………… 65,121 84,064 84,376 -22.5 -0.4 -2.9 84,522 78,649 77,159 116,179 484,779 528,831 -8.3
Excluding aircraft…….…………………. 73,913 73,284 73,940 0.9 -0.9 0.2 77,482 72,879 73,078 79,168 445,432 444,142 0.3
Defense capital goods4……….…….……. 14,595 13,760 13,481 6.1 2.1 14.3 16,089 12,230 12,303 14,145 78,900 86,259 -8.5

Consumer goods………………..………….. 250,118 251,570 254,629 -0.6 -1.2 0.9 253,192 258,298 254,877 249,231 1,489,259 1,454,861 2.4
Consumer durable goods……...………… 47,445 48,040 47,826 -1.2 0.4 2.5 47,637 49,479 46,486 48,466 277,457 270,620 2.5
Consumer nondurable goods………….. 202,673 203,530 206,803 -0.4 -1.6 0.5 205,555 208,819 208,391 200,765 1,211,802 1,184,241 2.3

UNFILLED ORDERS

All manufacturing industries5…………..…….. 1,383,880 1,402,911 1,399,682 -1.4 0.2 0.1 1,388,671 1,399,383 1,402,487 1,326,739 (X) (X) 4.7

Construction materials and supplies……. 98,892 98,714 98,915 0.2 -0.2 -0.3 100,886 101,088 100,469 102,169 (X) (X) -1.3
Information technology………….………… 135,406 134,963 134,745 0.3 0.2 0.0 135,962 135,459 135,705 135,113 (X) (X) 0.6
Computers and related products……….. 1,311 1,288 1,289 1.8 -0.1 -1.8 1,311 1,288 1,289 1,285 (X) (X) 2.0
Motor vehicle and parts……………………. 34,461 34,624 34,717 -0.5 -0.3 -0.2 33,916 34,879 35,511 34,600 (X) (X) -2.0

Capital goods……….……………...…..….. 1,040,860 1,060,030 1,057,338 -1.8 0.3 0.2 1,043,905 1,052,835 1,056,239 983,562 (X) (X) 6.1
Nondefense capital goods3……………… 838,381 858,123 854,694 -2.3 0.4 0.3 840,195 850,743 852,046 769,725 (X) (X) 9.2
Excluding aircraft…….…………………. 266,122 266,219 266,825 0.0 -0.2 -0.2 266,997 268,284 269,336 273,096 (X) (X) -2.2
Defense capital goods4……….…….……. 202,479 201,907 202,644 0.3 -0.4 -0.5 203,710 202,092 204,193 213,837 (X) (X) -4.7

Consumer goods………………..………….. 13,127 13,115 13,033 0.1 0.6 0.7 12,928 13,154 13,174 11,798 (X) (X) 9.6
Consumer durable goods……...………… 13,127 13,115 13,033 0.1 0.6 0.7 12,928 13,154 13,174 11,798 (X) (X) 9.6

TOTAL INVENTORIES
All manufacturing industries…………..……… 859,198 859,416 858,304 0.0 0.1 0.1 858,471 865,679 863,860 851,895 (X) (X) 0.8

Construction materials and supplies……. 92,878 92,777 92,724 0.1 0.1 -0.1 92,951 93,986 94,136 93,015 (X) (X) -0.1
Information technology………….………… 45,939 45,981 45,965 -0.1 0.0 -0.2 45,814 46,664 46,238 45,897 (X) (X) -0.2
Computers and related products……….. 3,350 3,405 3,466 -1.6 -1.8 -1.3 3,375 3,486 3,427 3,661 (X) (X) -7.8
Motor vehicle and parts……………………. 53,611 53,586 53,844 0.0 -0.5 -0.4 52,628 53,983 54,177 52,736 (X) (X) -0.2

Capital goods……….……………...…..….. 258,113 258,192 257,023 0.0 0.5 0.4 258,333 260,284 257,489 250,276 (X) (X) 3.2
Nondefense capital goods3……………… 232,458 232,719 231,562 -0.1 0.5 0.4 232,562 234,664 231,970 225,945 (X) (X) 2.9
Excluding aircraft…….…………………. 163,194 162,928 162,870 0.2 0.0 0.0 163,254 164,533 163,439 162,130 (X) (X) 0.7
Defense capital goods4……….…….……. 25,655 25,473 25,461 0.7 0.0 0.9 25,771 25,620 25,519 24,331 (X) (X) 5.9

Consumer goods………………..………….. 253,186 253,609 253,849 -0.2 -0.1 -0.1 252,716 254,991 255,723 251,787 (X) (X) 0.4
Consumer durable goods……...………… 40,794 40,947 41,296 -0.4 -0.8 -0.7 40,059 41,427 41,382 41,548 (X) (X) -3.6
Consumer nondurable goods……………. 212,392 212,662 212,553 -0.1 0.1 0.1 212,657 213,564 214,341 210,239 (X) (X) 1.2

X
Not Applicable
p
Preliminary
r
Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for 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 <http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY24-0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on data sources and methodology can be found on our website at
<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 6. Value of Manufacturers' Inventories, by Stage of Fabrication, by Industry Group1
[Estimates are shown in millions of dollars and are based on data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Seasonally Adjusted Not Seasonally Adjusted
Monthly Percent Change Monthly % Change
Industry June
June May Apr. May - Apr. - Mar. - June May Apr. June 2024/
p
2024 2024r 2024 June May Apr. 2024p 2024r 2024 2023 2023

MATERIALS AND SUPPLIES

All manufacturing industries..........……..….. 312,036 312,785 312,344 -0.2 0.1 0.1 311,492 313,536 313,221 315,316 -1.2

Durable goods industries.....................….. 195,652 196,344 196,268 -0.4 0.0 -0.1 195,162 196,652 196,475 197,432 -1.1
Wood products…………..………………… 7,627 7,633 7,623 -0.1 0.1 0.7 7,428 7,413 7,447 7,450 -0.3
Nonmetallic mineral products…………….. 7,936 7,910 7,845 0.3 0.8 -0.1 7,954 7,965 7,893 7,728 2.9
Primary metals……………….…..………… 19,323 19,347 19,221 -0.1 0.7 -0.4 19,577 19,577 19,259 19,388 1.0
Fabricated metal products…………………….. 24,488 24,656 24,737 -0.7 -0.3 0.2 24,623 24,730 24,665 24,604 0.1
Machinery…………………………………… 40,089 40,085 40,060 0.0 0.1 -0.3 39,988 40,248 40,397 40,381 -1.0
Computers and electronic products…….. 26,580 26,884 27,079 -1.1 -0.7 -0.5 26,443 26,994 27,051 26,728 -1.1
Electrical equipment, appliances,
and components…………………………. 12,511 12,530 12,530 -0.2 0.0 0.0 12,562 12,674 12,623 12,779 -1.7
Transportation equipment………………… 42,155 42,392 42,284 -0.6 0.3 0.2 41,647 42,054 42,185 43,314 -3.8
Furniture and related products…………… 5,219 5,217 5,185 0.0 0.6 0.2 5,285 5,339 5,270 5,361 -1.4
Miscellaneous products………...…………. 9,724 9,690 9,704 0.4 -0.1 -0.8 9,655 9,658 9,685 9,699 -0.5
Nondurable goods industries..............…….. 116,384 116,441 116,076 0.0 0.3 0.4 116,330 116,884 116,746 117,884 -1.3
Food products...…...........………..…….. 25,548 25,868 25,941 -1.2 -0.3 0.5 25,238 25,503 25,489 25,874 -2.5
Beverage and tobacco products.....................… 6,186 6,139 6,107 0.8 0.5 -0.1 6,052 6,114 6,170 6,313 -4.1
Textiles.............….....…...…….......…… 1,479 1,487 1,500 -0.5 -0.9 1.1 1,486 1,497 1,503 1,472 1.0
Textile products……..………..……………. 1,683 1,670 1,672 0.8 -0.1 -0.3 1,672 1,665 1,664 1,684 -0.7
Apparel……………….…………………….. 630 613 606 2.8 1.2 -0.7 642 611 600 580 10.7
Leather and allied products…….…………. 378 371 374 1.9 -0.8 -1.6 377 372 372 381 -1.0
Paper products..…………..….….....…….. 9,378 9,351 9,338 0.3 0.1 0.2 9,370 9,339 9,300 9,502 -1.4
Printing ………….………………...……….. 3,482 3,470 3,457 0.3 0.4 0.6 3,470 3,441 3,432 3,534 -1.8
Petroleum and coal products…………….. 14,220 14,310 14,162 -0.6 1.0 -0.1 14,863 14,855 14,848 14,053 5.8
Chemical products…………………..……… 39,028 38,849 38,682 0.5 0.4 0.8 38,935 39,112 39,089 39,552 -1.6
Plastics and rubber products……..….…… 14,372 14,313 14,237 0.4 0.5 -0.1 14,225 14,375 14,279 14,939 -4.8

WORK IN PROCESS
All manufacturing industries..........……..….. 250,857 251,019 249,246 -0.1 0.7 0.5 251,197 253,276 250,854 239,752 4.8

Durable goods industries.....................….. 187,210 186,772 185,380 0.2 0.8 0.6 187,357 188,522 185,917 177,346 5.6
Wood products…………..………………… 1,822 1,839 1,817 -0.9 1.2 1.3 1,821 1,824 1,818 1,793 1.6
Nonmetallic mineral products…………….. 1,834 1,821 1,801 0.7 1.1 2.0 1,859 1,869 1,868 1,725 7.8
Primary metals……………….…..………… 11,831 11,742 11,735 0.8 0.1 0.0 11,927 11,959 11,927 12,379 -3.7
Fabricated metal products…………………….. 17,380 17,314 17,311 0.4 0.0 0.0 17,374 17,548 17,505 16,972 2.4
Machinery…………………………………… 24,325 24,264 24,371 0.3 -0.4 -0.2 24,591 24,762 24,197 24,617 -0.1
Computers and electronic products…….. 14,092 14,069 13,848 0.2 1.6 -0.7 13,940 14,265 14,060 13,396 4.1
Electrical equipment, appliances,
and components…………………………. 4,851 4,843 4,813 0.2 0.6 1.5 4,914 4,986 4,883 4,682 5.0
Transportation equipment………………… 104,637 104,431 103,233 0.2 1.2 1.2 104,488 104,801 103,180 95,504 9.4
Furniture and related products…………… 1,459 1,422 1,425 2.6 -0.2 0.2 1,476 1,430 1,420 1,496 -1.3
Miscellaneous products………...…………. 4,979 5,027 5,026 -1.0 0.0 -1.1 4,967 5,078 5,059 4,782 3.9
Nondurable goods industries..............…….. 63,647 64,247 63,866 -0.9 0.6 0.0 63,840 64,754 64,937 62,406 2.3
Food products...…...........………..…….. 5,785 5,786 5,931 0.0 -2.4 -2.7 5,410 5,355 5,700 7,198 -24.8
Beverage and tobacco products.....................… 11,794 11,732 11,645 0.5 0.7 0.4 11,606 11,666 11,679 10,867 6.8
Textiles.............….....…...…….......…… 569 562 557 1.2 0.9 -0.2 569 565 558 575 -1.0
Textile products……..………..……………. 476 481 468 -1.0 2.8 1.1 468 472 464 463 1.1
Apparel……………….…………………….. 317 322 323 -1.6 -0.3 -0.3 324 321 316 299 8.4
Leather and allied products…….…………. 137 133 131 3.0 1.5 -0.8 137 131 130 140 -2.1
Paper products..…………..….….....…….. 1,837 1,854 1,856 -0.9 -0.1 -0.2 1,855 1,878 1,875 1,619 14.6
Printing ………….………………...……….. 1,178 1,192 1,169 -1.2 2.0 2.9 1,144 1,171 1,148 1,122 2.0
Petroleum and coal products…………….. 17,834 17,850 17,786 -0.1 0.4 1.3 18,206 18,544 18,923 16,403 11.0
Chemical products…………………..……… 19,834 20,398 20,080 -2.8 1.6 -0.5 20,266 20,680 20,215 19,925 1.7
Plastics and rubber products……..….…… 3,886 3,937 3,920 -1.3 0.4 -0.4 3,855 3,971 3,929 3,795 1.6

FINISHED GOODS
All manufacturing industries..........……..….. 296,305 295,612 296,714 0.2 -0.4 -0.2 295,782 298,867 299,785 296,827 -0.4

Durable goods industries.....................….. 146,446 146,347 146,891 0.1 -0.4 -0.2 146,032 148,654 148,949 147,514 -1.0
Wood products…………..………………… 6,621 6,567 6,490 0.8 1.2 0.4 6,545 6,645 6,748 6,332 3.4
Nonmetallic mineral products…………….. 7,839 7,791 7,831 0.6 -0.5 -0.1 7,945 8,007 8,004 7,755 2.5
Primary metals……………….…..………… 14,295 14,404 14,645 -0.8 -1.6 0.0 14,329 14,656 14,830 15,178 -5.6
Fabricated metal products…………………….. 22,760 22,594 22,550 0.7 0.2 -0.2 22,987 23,002 22,976 23,677 -2.9
Machinery…………………………………… 30,047 30,072 30,233 -0.1 -0.5 0.1 29,859 30,211 30,568 29,809 0.2
Computers and electronic products…….. 14,297 14,153 14,140 1.0 0.1 0.0 14,212 14,282 14,152 14,517 -2.1
Electrical equipment, appliances,
and components…………………………. 8,683 8,714 8,707 -0.4 0.1 0.3 8,718 8,912 8,845 9,061 -3.8
Transportation equipment………………… 25,199 25,424 25,677 -0.9 -1.0 -1.6 24,783 26,280 26,249 24,543 1.0
Furniture and related products…………… 3,432 3,415 3,427 0.5 -0.4 -0.8 3,470 3,421 3,384 3,507 -1.1
Miscellaneous products………...…………. 13,273 13,213 13,191 0.5 0.2 0.4 13,184 13,238 13,193 13,135 0.4
Nondurable goods industries..............…….. 149,859 149,265 149,823 0.4 -0.4 -0.1 149,750 150,213 150,836 149,313 0.3
Food products...…...........………..…….. 38,408 38,261 38,225 0.4 0.1 0.4 37,347 37,296 37,932 36,573 2.1
Beverage and tobacco products.....................… 13,025 13,071 13,155 -0.4 -0.6 -0.7 13,266 13,357 13,481 13,517 -1.9
Textiles.............….....…...…….......…… 1,463 1,468 1,479 -0.3 -0.7 -1.3 1,468 1,474 1,472 1,578 -7.0
Textile products……..………..……………. 1,485 1,498 1,503 -0.9 -0.3 0.3 1,475 1,494 1,497 1,517 -2.8
Apparel……………….…………………….. 1,222 1,232 1,250 -0.8 -1.4 -1.3 1,270 1,220 1,204 1,386 -8.4
Leather and allied products…….…………. 782 760 736 2.9 3.3 1.4 788 760 723 756 4.2
Paper products..…………..….….....…….. 6,704 6,722 6,751 -0.3 -0.4 -0.3 6,762 6,806 6,823 7,030 -3.8
Printing ………….………………...……….. 2,054 2,032 2,044 1.1 -0.6 -0.1 2,086 2,069 2,083 2,157 -3.3
Petroleum and coal products…………….. 15,697 15,676 15,655 0.1 0.1 -1.2 16,147 16,536 15,850 16,095 0.3
Chemical products…………………..……… 54,106 53,682 54,113 0.8 -0.8 0.0 54,125 54,211 54,611 53,502 1.2
Plastics and rubber products……..….…… 14,913 14,863 14,912 0.3 -0.3 0.0 15,016 14,990 15,160 15,202 -1.2

p
Preliminary
r
Revised data due to late receipts and concurrent seasonal adjustment.
1
Estimates of shipments and new orders are for the duration of the period, while estimates of unfilled orders and total inventories are for the end of the period. Not seasonally adjusted estimates of shipments and new orders include adjusted data for non-
calendar reporters. Seasonally adjusted estimates include concurrent adjustments for holiday and trading-day differences, where appropriate, as well as seasonal variation, based on the results of the latest annual review of the model parameters.
Estimates are not adjusted for price changes.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey
panel is not a probability sample, estimates of sampling error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY24-0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on data sources and methodology can be found on our website at
<www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.
Table 7. Ratios of Manufacturers' Inventories to Shipments and Unfilled Orders
to Shipments, by Industry Group 1
[Based on Seasonally Adjusted data from the Manufacturers' Shipments, Inventories, and Orders Survey.]
Inventory/Shipments ratio Unfilled Orders/Shipments ratio2

Industry Jun May Apr Mar Jun May Apr Mar

p r p r
2024 2024 2024 2024 2024 2024 2024 2024

All manufacturing industries3.…………………………….. 1.46 1.47 1.46 1.47 (X) (X) (X) (X)

Durable goods industries3.....…........…………………… 1.84 1.86 1.85 1.87 6.94 7.17 7.11 7.20
Wood products………………..………………………………… 1.22 1.21 1.19 1.18 (X) (X) (X) (X)
Nonmetallic mineral products……………………….. 1.32 1.32 1.31 1.31 (X) (X) (X) (X)
Primary metals……………….………………………………….. 1.71 1.71 1.71 1.72 1.48 1.47 1.46 1.46
Fabricated metal products……………………………….. 1.78 1.78 1.78 1.78 3.64 3.65 3.65 3.65
Machinery……………….…..……….…………………………….. 2.48 2.49 2.49 2.50 3.86 3.89 3.91 3.96
Computers and electronic products3………………. 1.87 1.87 1.86 1.87 5.96 5.92 5.88 5.91
Electrical equipment, appliances,
and components………………....………………………… 1.84 1.84 1.83 1.84 3.45 3.42 3.39 3.42
Transportation equipment………………………………. 1.81 1.88 1.85 1.89 14.81 16.14 15.80 16.28
Furniture and related products………………………. 1.47 1.46 1.47 1.47 1.75 1.76 1.78 1.79
Miscellaneous products…………………………………… 1.92 1.90 1.91 1.92 (X) (X) (X) (X)

Nondurable goods industries…………………………….. 1.10 1.10 1.09 1.09 (X) (X) (X) (X)
Food products……………………………………………………. 0.87 0.87 0.88 0.88 (X) (X) (X) (X)
Beverage and tobacco products……………………… 1.58 1.60 1.62 1.64 (X) (X) (X) (X)
Textiles……………….…….……….……………………………….. 1.66 1.68 1.70 1.71 (X) (X) (X) (X)
Textile products……………….….……………………………. 1.85 1.88 1.85 1.84 (X) (X) (X) (X)
Apparel………….…………..…..….……………………………… 2.62 2.62 2.68 2.69 (X) (X) (X) (X)
Leather and allied products………………………….. 2.38 2.39 2.36 2.27 (X) (X) (X) (X)
Paper products…………………..…………………………….. 1.04 1.04 1.04 1.04 (X) (X) (X) (X)
Printing………………...….……………………………………….. 0.91 0.91 0.91 0.91 (X) (X) (X) (X)
Petroleum and coal products…………………………. 0.75 0.74 0.69 0.69 (X) (X) (X) (X)
Chemical products………………..…………………………. 1.40 1.41 1.41 1.42 (X) (X) (X) (X)
Plastics and rubber products………………………….. 1.31 1.32 1.32 1.33 (X) (X) (X) (X)

X Not Applicable
p
Preliminary
r
Revised data due to late receipts and concurrent seasonal adjustment.
2
Excludes the following industries with no unfilled orders: Wood products; nonmetallic mineral products; medical equipment and supplies; office supplies;
other miscellaneous manufacturing; cutlery and handtools; farm and garden machinery; computer storage and peripheral devices; audio and video
equipment; manufacturing and reproducing magnetic and optical media; batteries; automobiles; light trucks and utility vehicles; heavy duty trucks; and
miscellaneous furniture.
3
Unfilled orders to shipments ratio excludes semiconductor manufacturing.
Note: Estimates of manufacturers' shipments, inventories and orders are subject to survey error and revision. One major component of survey error is
nonsampling error, which includes errors of coverage, response, and nonreporting. Since the survey panel is not a probability sample, estimates of sampling
error cannot be calculated. For further details on survey design, methodology, and data limitations see <http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data
(Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY24-0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on data sources
and methodology can be found on our website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.

Table 8. Revisions to Previously Published Monthly Percent Changes 1

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

Jun3 Jun3 Jun3 Jun3

Industry 2023- 2023- 2023- 2023-
Jun2
2
May Jun May Jun2 May Jun2 May
2024 2024 2024 2024 2024 2024 2024 2024

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

Durable goods industries.....…........……. 0.0 0.1 -0.1 0.4 -0.1 0.1 0.0 0.1
Wood products………………..…………………… (X) 0.2 (X) (NA) (X) (NA) (X) 0.2
Nonmetallic mineral products………….. (X) 0.5 (X) (NA) (X) (NA) (X) 0.2
Primary metals……………….…………………….. 0.0 0.2 -0.2 0.4 0.0 0.1 0.0 0.2
Fabricated metal products……………….. -0.1 0.1 0.0 0.3 -0.1 0.1 0.0 0.1
Machinery……………….…..……….……………….. 0.2 0.2 -0.1 0.4 -0.1 0.1 0.0 0.2
Computers and electronic products….. -0.2 0.1 -0.2 0.3 0.0 0.0 0.0 0.1
Electrical equipment, appliances,
and components………………....…………… 0.0 0.4 -0.1 1.0 0.0 0.3 0.0 0.2
Transportation equipment……………….. -0.1 0.3 -0.1 1.1 0.0 0.1 0.0 0.1
Furniture and related products…………. (X) 0.3 (X) 0.7 (X) 0.2 (X) 0.2
Miscellaneous products…………………….. (X) 0.2 (X) 0.2 (X) 0.1 (X) 0.1

Nondurable goods industries………………. (X) 0.2 (X) (NA) (X) (NA) (X) 0.1
Food products………………………………………. (X) 0.1 (X) (NA) (X) (NA) (X) 0.1
Beverage and tobacco products………… (X) 0.2 (X) (NA) (X) (NA) (X) 0.2
Textiles……………….…….……….…………………. (X) 0.4 (X) (NA) (X) (NA) (X) 0.1
Textile products……………….….……………… (X) 0.2 (X) (NA) (X) (NA) (X) 0.2
Apparel………….…………..…..….………………… (X) 0.7 (X) (NA) (X) (NA) (X) 0.5
Leather and allied products……………… (X) 0.7 (X) (NA) (X) (NA) (X) 0.4
Paper products…………………..………………… (X) 0.1 (X) (NA) (X) (NA) (X) 0.1
Printing………………...….…………………………… (X) 0.4 (X) (NA) (X) (NA) (X) 0.6
Petroleum and coal products…………… (X) 0.8 (X) (NA) (X) (NA) (X) 0.4
Chemical products………………..…………… (X) 0.3 (X) (NA) (X) (NA) (X) 0.1
Plastics and rubber products……………. (X) 0.2 (X) (NA) (X) (NA) (X) 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
<http://www.census.gov/manufacturing/m3/>.
The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential
source data (Project No. P-6000307, Disclosure Review Board (DRB) approval number: CBDRB-FY24-0254).
Source: U.S. Census Bureau, Manufacturers’ Shipments, Inventories, and Orders (M3) Survey, June Full Report, August 2, 2024. Information on
data sources and methodology can be found on our website at <www.census.gov/manufacturing/m3/how_the_data_are_collected/index.html>.