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TIME SERIES / TREND CHARTS

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Release Date:
November 3, 2020

Revised historical data from the Manufacturers’ Shipments, Inventories, and Orders (M3) Survey were issued on May 15, 2020. These revisions result from: benchmarking the M3 shipments and inventories data to the 2017 Economic Census data on a 2017 NAICS basis; incorporating the unfilled orders to shipments ratios obtained for 2017 and 2016 from the Manufacturers’ Unfilled Orders (M3UFO) Survey by applying these ratios to the respective 2017 Economic Census data and 2016 ASM shipments data; adjusting the new orders data to be consistent with the benchmarked shipments and unfilled orders data; correcting the seasonal adjusted new order data derived from the monthly estimate of shipments plus the change in unfilled orders between the current and prior period for January 2002; 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 2020 and the data not seasonally adjusted for January 2012 through March 2020. An updated Press Release contains revised monthly tables for January 2020 through March 2020.

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Shipments, Inventories, and Orders Survey, all current month estimates are preliminary estimates and will be superseded in following months by revised estimates.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)
Machinery: U.S. Total — Seasonally Adjusted Total Inventories [Millions of Dollars]
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 50,167 49,884 49,901 49,931 50,280 50,901 51,618 51,983 52,227 53,097 53,755 54,124
2011 55,031 55,664 56,856 57,429 58,385 58,835 59,522 60,181 59,965 61,010 61,611 61,457
2012 62,803 63,531 63,914 64,618 64,813 65,086 65,397 65,657 65,494 65,356 65,003 64,502
2013 64,143 64,093 64,326 64,449 64,151 63,391 63,610 63,693 64,008 64,366 63,957 64,011
2014 64,074 65,303 65,658 66,327 67,071 67,590 67,998 68,336 68,961 68,238 68,283 68,099
2015 68,850 68,262 68,292 68,403 68,405 67,680 68,073 67,589 67,077 66,727 66,616 66,545
2016 66,063 65,832 65,439 64,924 64,528 64,510 64,293 64,458 64,217 64,139 64,653 64,986
2017 65,017 64,976 64,943 65,328 65,463 65,423 65,863 66,080 66,349 66,584 66,465 66,757
2018 66,920 67,336 67,534 68,141 67,995 68,642 68,779 68,988 69,702 69,900 70,330 70,885
2019 71,583 71,376 71,971 71,890 71,981 72,115 72,437 72,272 72,216 72,007 71,636 71,665
2020 71,259 71,133 71,479 71,200 70,981 70,398 69,488 68,916 69,050 NA NA NA
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Source: U.S. Census Bureau | Business & Industry | sssd.econ.data@census.gov |  Last Revised: November 27, 2020