BIT M3 Dashboard — Colliers NJ

How to read this scorecard

Shipments YoY

Actual goods leaving factories. Direct proxy for warehouse throughput and freight demand. Rising = real activity now.

Orders YoY

Incoming demand pipeline — ordered but not yet shipped. Leading indicator: rising orders mean space demand grows in 3–6 months.

Backlog trend

3-month change in unfilled orders vs prior 3 months. Building backlog = demand outpacing capacity. Strongest near-term space pressure signal.

Why blanks?

Census M3 only collects orders & backlog for durable goods. Food, pharma, chemicals, and nondurables have no orders data at source.

Orders > Shipments — demand accelerating

Backlog builds, capacity pressure rises. Tenants start looking for space within 3–6 months. Get in front of them now.

Orders < Shipments — demand slowing

Manufacturers burning backlog without replenishing. Space requirements contract. Avoid chasing tenants in this pattern.

Score methodology (max 10): +2 shipments YoY >0% (+1 bonus if >3%) · +2 orders YoY >0% · +2 orders outpacing shipments · +2 backlog building · +1 inventory/shipments ratio falling

Industry rankings

IndustryScore Ships YoYOrders YoYBklog trend Tier