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TIME SERIES / TREND CHARTS

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Release Date:
September 2, 2021

Revised historical data from the Manufacturers’ Shipments, Inventories, and Orders (M3) Survey were issued on May 14, 2021. These revisions result from: benchmarking the M3 shipments and inventories data to the 2019 and 2018 Annual Survey of Manufactures (ASM) data, as well as to revised ASM data from 2013 through 2016, resulting from benchmarking the ASM to the 2017 Economic Census; incorporating the unfilled orders to shipments ratios obtained for 2019 and 2018 from the Manufacturers’ Unfilled Orders (M3UFO) Survey by applying these ratios to the respective ASM shipments data, as well as incorporating revised unfilled orders to shipments ratios for prior years; adjusting the new orders data to be consistent with the benchmarked shipments and unfilled orders data; correcting monthly data for late receipts, reclassifications of reported data, and revisions to previously reported data; updating the seasonally adjusted data based on the results of benchmarking and the recent annual review of the seasonal adjustment models. These revisions spanned the seasonally adjusted data for January 2007 through March 2021 and the data not seasonally adjusted for January 2012 through March 2021. An updated Press Release contains revised monthly tables for January 2021 through March 2021.

For the Manufacturers' Shipments, Inventories, and Orders Survey, all current month estimates are preliminary estimates and will be superseded in following months by revised estimates.

For information on survey methodology and use of the data, including seasonal adjustment and other information pertinent to this economic indicator, go to the Manufacturers' Shipments, Inventories, and Orders website, which provides a link to historical data.

The Y-axis for the line charts may be truncated to prevent flattening of the lines or to present the complete range of data.

Source: Manufacturers' Shipments, Inventories, and Orders (Definitions)
Total Manufacturing: U.S. Total — Seasonally Adjusted Value of Shipments [Millions of Dollars]
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1992 227,721 228,860 238,604 239,877 243,732 245,693 245,608 242,874 244,894 243,190 246,901 248,199
1993 247,812 249,517 250,346 248,681 251,798 253,388 248,759 249,283 252,679 256,449 255,017 256,087
1994 259,834 261,152 261,862 263,499 266,632 268,116 271,246 273,778 272,898 276,184 279,548 286,731
1995 286,480 288,455 284,903 289,640 285,641 288,557 287,862 289,737 295,286 292,655 291,561 300,609
1996 286,897 282,115 294,562 295,365 299,775 303,281 300,234 301,541 305,155 301,294 308,575 307,211
1997 307,245 314,468 315,502 318,065 315,083 320,189 322,797 323,033 323,085 322,444 328,845 325,351
1998 321,264 329,617 328,480 324,127 326,081 318,990 316,408 323,533 325,676 327,376 328,263 327,621
1999 329,778 332,449 328,330 330,637 334,737 333,629 334,383 339,874 338,283 343,993 342,887 344,275
2000 352,617 339,991 349,386 355,440 349,201 354,776 351,342 346,480 356,101 348,744 346,841 351,481
2001 342,456 346,340 339,850 330,760 337,868 331,263 327,673 330,587 321,971 320,055 320,020 322,366
2002 320,227 320,048 321,653 326,961 329,124 328,792 325,136 329,890 330,380 329,569 330,925 324,666
2003 329,775 333,300 335,969 325,729 329,152 332,387 335,641 333,478 339,451 340,292 340,813 340,662
2004 340,904 342,437 352,405 350,787 353,584 356,098 355,168 361,544 362,733 370,763 372,665 376,171
2005 383,451 382,856 383,330 391,914 388,713 390,608 388,894 397,874 404,626 407,023 408,759 415,629
2006 416,522 414,555 417,841 412,824 422,874 422,097 414,867 423,317 413,563 411,428 416,349 430,529
2007 420,568 428,419 435,276 437,473 443,106 442,827 442,320 443,719 446,716 453,209 464,025 462,350
2008 468,524 466,987 462,466 475,523 475,246 481,867 480,744 466,681 453,298 433,552 401,585 381,495
2009 368,581 370,125 359,215 353,787 354,483 361,739 362,449 366,753 374,771 378,606 386,354 390,857
2010 396,215 394,069 401,764 405,276 403,798 404,071 408,072 409,306 414,874 419,156 424,048 433,667
2011 443,095 443,044 457,499 456,866 455,288 458,051 461,077 461,942 460,608 463,876 467,009 468,024
2012 473,816 478,033 476,452 474,649 474,768 465,607 466,916 471,102 475,676 476,285 480,029 479,174
2013 481,994 490,677 480,980 478,055 483,457 480,549 481,427 485,494 484,958 486,453 494,643 488,009
2014 486,725 494,320 492,816 493,719 492,477 494,536 498,003 496,164 493,539 488,275 481,839 477,400
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Source: U.S. Census Bureau | Business & Industry | sssd.econ.data@census.gov |  Last Revised: September 23, 2021