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Manufacturers’ Shipments, Inventories, & Orders

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.

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Special Notice - New Advance Estimates Of Total Manufacturing:

Beginning with September 2021 data released on October 27, 2021, advance estimates of total manufacturing, including M3 durable and nondurable industries, for shipments and inventories, are available at the same time as the Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders. Monthly advance total manufacturing estimates are available on a seasonally adjusted basis as well as a not seasonally adjusted basis on the M3 website under the “Advance Report Highlights”. For more information, please see attached file: monthly data example.

Statement Regarding COVID-19 Impact: The Census Bureau continues to monitor response and data quality and has determined that estimates in these releases meet publication standards. For more information on the compilation of this month's reports, see M3 COVID-19 FAQs.

New Time Series: Beginning with the release of June 2018 data on July 26, 2018, historical estimates of the Monthly Advance Report on Manufacturers’ Shipments, Inventories and Orders are available on a seasonally adjusted basis as well as a not seasonally adjusted basis in the Search Database.

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