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         Ferrous metal foundries_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 --           |
                 | Ferrous metal      | Ferrous metal      | Ferrous metal      | Ferrous metal      | Ferrous metal      | Ferrous metal      | Ferrous metal      |
                 | foundries          | foundries          | foundries          | foundries          | foundries          | foundries          | foundries          |
                 | U31CVS             | U31CNO             | U31CUO             | U31CTI             | U31CMI             | U31CWI             | U31CFI             |
                 | 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=0.114          | StD=0.137          | StD=0.130          | StD=0.095          |                    |                    |                    | Standard Deviation,,Standard deviations (StD) and correlations (Corr) calculated starting 1991 or as available.  Variables are LN(x(t)/x(t-1).
                 | AutoCorr=0.186     | AutoCorr=-0.031    | AutoCorr=0.105     | AutoCorr=0.307     |                    |                    |                    | 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)=0.083     | GDP(y-1)=0.055     | GDP(y-1)=0.037     | GDP(y-1)=0.108     |                    |                    |                    | corr() where xy = ln(v(y)/v(y+1))
                 | GDP(y  )=0.074     | GDP(y  )=0.061     | GDP(y  )=0.029     | GDP(y  )=0.076     |                    |                    |                    | corr() where xy = ln(v(y)/v(y+1))
                 | GDP(y+1)=-0.905    | GDP(y+1)=-0.626    | GDP(y+1)=-0.762    | GDP(y+1)=-1.387    |                    |                    |                    | 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                  -1.1                 -0.4                 -5.4                 -1.0                   na                   na                   na   
2012     %chg                  10.1                  5.6                  9.3                  9.4                   na                   na                   na   
2011     %chg                  18.1                 15.0                 28.6                 16.4                   na                   na                   na   
2010     %chg                  17.2                 35.1                 13.6                 -2.8                   na                   na                   na   
2009     %chg                 -27.0                -32.1                -28.6                -18.5                   na                   na                   na   
2008     %chg                  -1.8                 -3.0                  0.8                 -1.1                   na                   na                   na   
2007     %chg                  -6.9                 -7.7                  2.7                  5.4                   na                   na                   na   
2006     %chg                   9.4                  9.8                  9.8                 -0.8                   na                   na                   na   
2005     %chg                  11.7                  9.1                  8.9                 26.0                   na                   na                   na   

                            millions of dollars / month  ________________ 

2013     mil$/mn                 1724p                1726p                4153p                2289p                 na                   na                   na  
2012     mil$/mn                 1744                 1733                 4388                 2313                  na                   na                   na  
2011     mil$/mn                 1584                 1641                 4014                 2113                  na                   na                   na  
2010     mil$/mn                 1342                 1427                 3121                 1816                  na                   na                   na  
2009     mil$/mn                 1145                 1057                 2747                 1869                  na                   na                   na  
2008     mil$/mn                 1569                 1556                 3846                 2292                  na                   na                   na  
2007     mil$/mn                 1598                 1604                 3814                 2318                  na                   na                   na  
2006     mil$/mn                 1716                 1737                 3716                 2199                  na                   na                   na  
2005     mil$/mn                 1568                 1581                 3385                 2216                  na                   na                   na  
2004     mil$/mn                 1404                 1449                 3109                 1759                  na                   na                   na  
2003     mil$/mn                 1215                 1235                 2622                 1614                  na                   na                   na  
2002     mil$/mn                 1251                 1250                 2419                 1572                  na                   na                   na  
2001     mil$/mn                 1389                 1396                 2486                 1780                  na                   na                   na  
2000     mil$/mn                 1498                 1527                 2235                 1827                  na                   na                   na  
1999     mil$/mn                 1500                 1465                 2247                 1833                  na                   na                   na  
1998     mil$/mn                 1442                 1424                 2681                 1783                  na                   na                   na  
1997     mil$/mn                 1452                 1488                 2471                 1678                  na                   na                   na  
1996     mil$/mn                 1324                 1342                 2208                 1562                  na                   na                   na  
1995     mil$/mn                 1265                 1258                 2134                 1460                  na                   na                   na  
1994     mil$/mn                 1182                 1191                 2094                 1333                  na                   na                   na  
1993     mil$/mn                 1067                 1049                 2040                 1353                  na                   na                   na  
1992     mil$/mn                  985                  978                 2344                 1422                  na                   na                   na