Manufacturers’ Shipments, Inventories, and Orders

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The Manufacturers’ Shipments, Inventories, and Orders (M3) survey provides broad-based, monthly statistical data on economic conditions in the domestic manufacturing sector. The survey measures current industrial activity and provides an indication of future business trends.

Latest Monthly Advance Report on Manufacturers’ Shipments, Inventories, & Orders

Latest Monthly Full Report on Manufacturers’ Shipments, Inventories, & Orders

Benchmark Report

Released: May 16, 2025

Announcements

Special Notices:
Due to schedule and resource constraints, revised historical data and the seasonal adjustment models for the Manufacturers' Shipments, Inventories, and Orders (M3) Survey will remain unchanged for the remainder of 2026.

Starting with the June 2025 data released on July 25, 2025, the Advance Total Manufacturing publication includes detailed data for all nondurable industries from the Manufacturers' Shipments, Inventories, and Orders Survey. These estimates are available on both a seasonally and 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".

Manufacturers’ Shipments, Inventories, & Orders

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