NEW ORDERS, SHIPMENTS and INVENTORIES M3

U.S. Bureau of the Census   >>   M3 advance (end of month+1) M3 release pdf (beginning month+2) M3 historical (used by EconStats)   >>   new order M3 index

Not seasonally adjusted Seasonally adjusted Month   Avg over ...months in --> Quarter Year   Value on last month of --> Quarter Year         Metalworking machinery manufacturing_NOT Seas Adj Avg value over Year   |   For index to all 378 variables see : Index Go to Monthly regression results : ln(IPm/IPm-1) = α + β1 ln(IPm-1/IPm-2) + β2 ln(IPm-1/GDPm-2) + Β2 ln(xm-1/xm-2) + em where IP is Industrial Prodn (Monthly), and xm is the M3 variable such as found below. Go to Quarterly regression results : ln(GDPq/GDPq-1) = α + β1 ln(GDPq-1/GDPq-2) + β2 ln(GDPq-1/GDPq-2) + Β2 ln(xq-1/xq-2) + eq where GDP is Gross Domestic Prod (Quarterly), and xq is the M3 variable such as found below.

                 |    Column (1)      |    Column (2)      |    Column (3)      |    Column (4)      |    Column (5)      |    Column (6)      |    Column (7)      |
                 | Value of Shipments | New Orders         | Unfilled Orders    | Total Inventories  | Materials and      | Work in Process    | Finished Goods     |
                 |                    |                    |                    |                    | Supplies           | Inventories        | Inventories        |
                 |                    |                    |                    |                    | Inventories        |                    |                    |
                 |-- nsa --           |-- nsa --           |-- nsa --           |-- nsa --           |-- nsa --           |-- nsa --           |-- nsa --           |
                 | Metalworking       | Metalworking       | Metalworking       | Metalworking       | Metalworking       | Metalworking       | Metalworking       |
                 | machinery          | machinery          | machinery          | machinery          | machinery          | machinery          | machinery          |
                 | manufacturing      | manufacturing      | manufacturing      | manufacturing      | manufacturing      | manufacturing      | manufacturing      |
                 | U33IVS             | U33INO             | U33IUO             | U33ITI             | U33IMI             | U33IWI             | U33IFI             |
                 | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           |
                 | Avg over Year      | Avg over Year      | Avg over Year      | Avg over Year      | Avg over Year      | Avg over Year      | Avg over Year      |
                 | StD=0.120          | StD=0.142          | StD=0.174          | StD=0.090          |                    |                    |                    | Standard Deviation,,Standard deviations (StD) and correlations (Corr) calculated starting 1991 or as available.  Variables are LN(x(t)/x(t-1).
                 | AutoCorr=0.206     | AutoCorr=0.005     | AutoCorr=0.259     | AutoCorr=0.484     |                    |                    |                    | AutoCorr(x(y),x(y) where x(y) = ln(v(y)/v(y+1))
                 |-- Corr w GDP --    |-- Corr w GDP --    |-- Corr w GDP --    |-- Corr w GDP --    |-- Corr w GDP --    |-- Corr w GDP --    |-- Corr w GDP --    | -------- 
                 | GDP(y-1)=0.074     | GDP(y-1)=0.043     | GDP(y-1)=0.037     | GDP(y-1)=0.095     |                    |                    |                    | corr() where xy = ln(v(y)/v(y+1))
                 | GDP(y  )=0.065     | GDP(y  )=0.065     | GDP(y  )=0.020     | GDP(y  )=0.042     |                    |                    |                    | corr() where xy = ln(v(y)/v(y+1))
                 | GDP(y+1)=-0.682    | GDP(y+1)=-0.501    | GDP(y+1)=0.072     | GDP(y+1)=-0.314    |                    |                    |                    | corr() where xy = ln(v(y)/v(y+1))
Year             |____Jan92_to_Jul13 _|____Feb92_to_Jul13 _|____Jan92_to_Jul13 _|____Jan92_to_Jul13 _|___no_observations _|___no_observations _|___no_observations _|

                            pct chg from prev year (yoy) ________________ 

2013     %chg                   5.0                  7.0                 -6.6                  2.6                   na                   na                   na   
2012     %chg                  19.2                 13.3                  4.5                 16.0                   na                   na                   na   
2011     %chg                  18.3                 15.3                 40.9                 14.2                   na                   na                   na   
2010     %chg                  14.7                 33.1                  4.9                 -7.9                   na                   na                   na   
2009     %chg                 -29.6                -34.5                -29.5                 -8.8                   na                   na                   na   
2008     %chg                   0.4                 -3.5                 11.8                  0.8                   na                   na                   na   
2007     %chg                   3.1                  4.0                 15.2                 -3.2                   na                   na                   na   
2006     %chg                   3.8                  4.0                  3.4                  8.5                   na                   na                   na   
2005     %chg                  10.1                 10.0                 18.1                  9.2                   na                   na                   na   

                            millions of dollars / month  ________________ 

2013     mil$/mn                 2897p                2917p                5945p                5446p                 na                   na                   na  
2012     mil$/mn                 2760                 2726                 6365                 5308                  na                   na                   na  
2011     mil$/mn                 2315                 2407                 6091                 4575                  na                   na                   na  
2010     mil$/mn                 1956                 2088                 4322                 4006                  na                   na                   na  
2009     mil$/mn                 1706                 1569                 4121                 4351                  na                   na                   na  
2008     mil$/mn                 2423                 2395                 5847                 4769                  na                   na                   na  
2007     mil$/mn                 2414                 2481                 5228                 4732                  na                   na                   na  
2006     mil$/mn                 2341                 2387                 4538                 4886                  na                   na                   na  
2005     mil$/mn                 2255                 2294                 4390                 4505                  na                   na                   na  
2004     mil$/mn                 2049                 2085                 3718                 4125                  na                   na                   na  
2003     mil$/mn                 2003                 2006                 3224                 4145                  na                   na                   na  
2002     mil$/mn                 2071                 2044                 3459                 4605                  na                   na                   na  
2001     mil$/mn                 2224                 2080                 4657                 5662                  na                   na                   na  
2000     mil$/mn                 2579                 2501                 6120                 5823                  na                   na                   na  
1999     mil$/mn                 2483                 2487                 6534                 5956                  na                   na                   na  
1998     mil$/mn                 2559                 2516                 6854                 5784                  na                   na                   na  
1997     mil$/mn                 2535                 2460                 7585                 5912                  na                   na                   na  
1996     mil$/mn                 2351                 2364                 8016                 5813                  na                   na                   na  
1995     mil$/mn                 2242                 2248                 8216                 5237                  na                   na                   na  
1994     mil$/mn                 1968                 2110                 6928                 4618                  na                   na                   na  
1993     mil$/mn                 1749                 1738                 5711                 4234                  na                   na                   na  
1992     mil$/mn                 1655                 1620                 6580                 4305                  na                   na                   na