Month-to-month changes in factory orders may affect demand for transportation services, including both domestic and international transportation of parts and other manufacturing inputs.
|Manufacturers' New Orders||Jun-02||Jul-02|
|Total manufacturing (billions of dollars)||312.87||327.58|
|Total manufacturing percent change from previous month||-2.50||4.70|
NOTES: New orders, as reported in the monthly Manufacturers' Shipments, Inventories, and Orders (M3) survey conducted by the U.S. Census Bureau, are net of order cancellations and include orders received and filled during the month as well as orders received for future delivery. Orders are defined to include those supported by binding legal documents such as signed contracts, letters of award, or letters of intent, although in some industries this definition may not be strictly applicable. See more details at http://www.census.gov/indicator/www/m3/m3desc.htm.
The Census Bureau released revised historical new orders data on July 3, 2002. This report reflects those revisions. A previous revision affecting the composition of the series occurred with the May 2, 2002, release. The currently published numbers do not include semiconductor manufacturers because the Census Bureau does not have an adequate sample in order to produce an estimate for that sector. For more information, see http://www.census.gov/indicator/www/m3/prel/marsemifaq.pdf.
SOURCE: U.S. Department of Commerce, Bureau of the Census; Sept. 5, 2002; available at: http://www.census.gov/indicator/www/m3/prel/index.htm.