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What the public data says about how established B2B companies grow, how we build, and what we think about it.

Lead analysis · Research

Since 2019, American manufacturers ship 36% more in dollars and the same amount of goods.

Shipments, producer prices and industrial output, monthly from 2015 to August 2026. Most of the revenue growth in the sector came from price.

US manufacturing, indexed to 2019 = 100 Monthly, Jan 2015 to Aug 2026. Hover for values.
Value of shipments ($) Producer prices Industrial output (volume)
80
90
100
110
120
130
140
2015 2019 2023 Shipments
136.2
Prices
142.1
Output
99.6
Sources: Census Bureau M3 value of shipments (FRED AMTMVS); BLS producer price index, total manufacturing (PCUOMFGOMFG); Federal Reserve industrial production, manufacturing (IPMAN). Seasonally adjusted; each series divided by its 2019 average.

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