Manufacturers' Shipments, Inventories, and Orders (M3)

{
  "id": "MLC-T-ECS-001129",
  "term": "Manufacturers' Shipments, Inventories, and Orders (M3)",
  "field": "Economic statistics",
  "definition": "The survey measures current industrial activity and provides an indication of future business trends. It contains monthly statistics on manufacturers' value of shipments, new orders (net of cancellations), end-of-month order backlog (unfilled orders), end-of-month total inventory, materials and supplies, work-in-process, and finished goods inventories (at current cost or market value).\n\nManufacturers' Shipments, Inventories, and Orders (M3) is one of the Principal Economic Indicators defined by the Office of Management and Budget (OMB). The U.S. Census Bureau releases 13 Principal Economic Indicators on a monthly or quarterly basis.",
  "see_also": [
    "Annual Survey of Manufactures",
    "Business and Industry",
    "Current Industrial Reports",
    "E-Commerce Statistics (E-Stats)",
    "Economic Census",
    "Economic Indicators",
    "Economy-Wide Statistics",
    "Exports from Manufacturing",
    "Industry Statistics Portal",
    "Manufacturing",
    "North American Industry Classification System",
    "Quarterly Survey of Plant Capacity Utilization (QPC)"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/manufacturers-shipments-inventories-and-orders-m3/"
}