FOR IMMEDIATE RELEASE: Thursday, July 03, 2025
Monthly Full Report on Manufacturers’ Shipments, Inventories, & Orders
CB25-104
New orders for manufactured goods in May, up five of the last six months, increased $48.5 billion or 8.2 percent to $642.0 billion, the U.S. Census Bureau reported today. This followed a 3.9 percent April decrease. Shipments, up following two consecutive monthly decreases, increased $0.7 billion or 0.1 percent to $599.4 billion. This followed a 0.3 percent April decrease. Unfilled orders, up ten of the last eleven months, increased $47.7 billion or 3.4 percent to $1,455.4 billion. This followed a virtually unchanged April decrease. The unfilled orders-to-shipments ratio was 6.98, up from 6.77 in April. Inventories, up seven of the last eight months, increased $0.8 billion or 0.1 percent to $944.1 billion. This followed a 0.1 percent April decrease. The inventories-to-shipments ratio was 1.58, unchanged from April.