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FOR IMMEDIATE RELEASE: Thursday, May 02, 2024

Monthly Full Report on Manufacturers’ Shipments, Inventories, & Orders

CB24-64



New orders for manufactured goods in March, up two consecutive months, increased $9.1 billion or 1.6 percent to $584.5 billion, the U.S. Census Bureau reported today. This followed a 1.2 percent February increase. Shipments, also up two consecutive months, increased $1.5 billion or 0.3 percent to $583.3 billion. This followed a 1.4 percent February increase. Unfilled orders, up following two consecutive monthly decreases, increased $6.1 billion or 0.4 percent to $1,397.4 billion. This followed a 0.1 percent February decrease. The unfilled orders-to-shipments ratio was 7.19, up from 7.10 in February. Inventories, up two consecutive months, increased $0.4 billion or virtually unchanged to $857.7 billion. This followed a 0.2 percent February increase. The inventories-to-shipments ratio was 1.47, unchanged from February.

Additional Release Tables

Contact


Data Inquiries
Economic Indicators Divisions
Shipments, Inventories, and Orders Branch (M3)
301-763-4832
eid.m3.qs@census.gov

Media Inquiries
Public Information Office
301-763-3030
pio@census.gov
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