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         Ventilation, heating, air-conditioning, and refrigeration equipment manufacturing_NOT Seas Adj Value at end of 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 --           |
                 | Ventilation;       | Ventilation;       | Ventilation;       | Ventilation;       | Ventilation;       | Ventilation;       | Ventilation;       |
                 | heating;           | heating;           | heating;           | heating;           | heating;           | heating;           | heating;           |
                 | air-conditioning;  | air-conditioning;  | air-conditioning;  | air-conditioning;  | air-conditioning;  | air-conditioning;  | air-conditioning;  |
                 | and refrigeration  | and refrigeration  | and refrigeration  | and refrigeration  | and refrigeration  | and refrigeration  | and refrigeration  |
                 | equipment          | equipment          | equipment          | equipment          | equipment          | equipment          | equipment          |
                 | manufacturing      | manufacturing      | manufacturing      | manufacturing      | manufacturing      | manufacturing      | manufacturing      |
                 | U33HVS             | U33HNO             | U33HUO             | U33HTI             | U33HMI             | U33HWI             | U33HFI             |
                 | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           | Mil$ nsa           |
                 | End of Year        | End of Year        | End of Year        | End of Year        | End of Year        | End of Year        | End of Year        |
                 | StD=0.109          | StD=0.146          | StD=0.178          | StD=0.096          |                    |                    |                    | Standard Deviation,,Standard deviations (StD) and correlations (Corr) calculated starting 1991 or as available.  Variables are LN(x(t)/x(t-1).
                 | AutoCorr=0.038     | AutoCorr=-0.097    | AutoCorr=0.352     | AutoCorr=0.198     |                    |                    |                    | 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)=0.007     | GDP(y-1)=-0.020    | GDP(y-1)=0.042     | GDP(y-1)=0.073     |                    |                    |                    | corr() where xy = ln(v(y)/v(y+1))
                 | GDP(y  )=0.037     | GDP(y  )=0.049     | GDP(y  )=0.020     | GDP(y  )=0.063     |                    |                    |                    | corr() where xy = ln(v(y)/v(y+1))
                 | GDP(y+1)=-0.873    | GDP(y+1)=-0.149    | GDP(y+1)=-0.609    | GDP(y+1)=-0.568    |                    |                    |                    | 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                  22.7                 22.0                 -0.8                 16.7                   na                   na                   na   
2012     %chg                   5.4                  2.2                 -2.6                  7.9                   na                   na                   na   
2011     %chg                  -4.8                 -6.6                 11.6                  4.2                   na                   na                   na   
2010     %chg                   6.0                 17.0                  5.6                  2.4                   na                   na                   na   
2009     %chg                   5.9                 18.8                -28.1                -15.0                   na                   na                   na   
2008     %chg                  -4.6                -28.4                  8.5                 -0.9                   na                   na                   na   
2007     %chg                  -6.9                  4.9                 46.1                 -2.8                   na                   na                   na   
2006     %chg                  -0.6                 -4.8                 15.0                 19.3                   na                   na                   na   
2005     %chg                   4.3                  1.5                 32.7                  4.1                   na                   na                   na   

                            millions of dollars / month  ________________ 

2013     mil$/mn                 4006p                3888p                5171p                4870p                 na                   na                   na  
2012     mil$/mn                 3264                 3186                 5211                 4174                  na                   na                   na  
2011     mil$/mn                 3097                 3116                 5348                 3867                  na                   na                   na  
2010     mil$/mn                 3254                 3336                 4790                 3712                  na                   na                   na  
2009     mil$/mn                 3070                 2852                 4534                 3626                  na                   na                   na  
2008     mil$/mn                 2898                 2400                 6303                 4264                  na                   na                   na  
2007     mil$/mn                 3038                 3350                 5811                 4303                  na                   na                   na  
2006     mil$/mn                 3263                 3192                 3978                 4426                  na                   na                   na  
2005     mil$/mn                 3284                 3352                 3458                 3709                  na                   na                   na  
2004     mil$/mn                 3149                 3303                 2605                 3562                  na                   na                   na  
2003     mil$/mn                 3073                 2952                 2611                 3163                  na                   na                   na  
2002     mil$/mn                 2545                 2422                 2901                 3310                  na                   na                   na  
2001     mil$/mn                 2490                 2291                 3608                 3575                  na                   na                   na  
2000     mil$/mn                 2709                 2613                 4796                 4162                  na                   na                   na  
1999     mil$/mn                 3073                 2923                 4643                 4018                  na                   na                   na  
1998     mil$/mn                 2515                 2551                 4652                 3756                  na                   na                   na  
1997     mil$/mn                 2291                 2347                 5129                 3625                  na                   na                   na  
1996     mil$/mn                 2388                 2442                 4991                 4152                  na                   na                   na  
1995     mil$/mn                 2585                 2671                 5351                 4245                  na                   na                   na  
1994     mil$/mn                 2304                 2589                 4941                 3969                  na                   na                   na  
1993     mil$/mn                 2327                 2733                 4024                 3486                  na                   na                   na  
1992     mil$/mn                 1882                 2043                 3178                 3507                  na                   na                   na