Physics bachelor's degree production has more than doubled since the recent low in 1999 and total enrollments in US undergraduate physics programs continue to increase. The all-time high of 7,526 bachelor's degrees in the class of 2014 represents the 15th consecutive year that the number of physics bachelor's conferred has increased. First-year graduate physics student enrollments have been relatively unchanged in recent years averaging around 3,200 students. The number of physics PhDs conferred continues the general decade long trend of increasing PhD production. The 1,803 physics PhDs conferred in the class of 2014 is a 3% increase from the previous year and represents a new all-time high for physics PhDs. This report contains detailed data from the annual Survey of Enrollments and Degrees. The survey was conducted in the fall of 2014 and covers all degree-granting physics departments in the United States. Of the 751 degree-granting physics departments, 679 (90%) contributed to the data supplied in this year's roster. The totals above include data from responding departments as well as estimated data for the 72 non-responding departments.