Manufacturers' New Orders: Photographic Equipment Manufacturing
A33GNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
584.00
Year-over-Year Change
-3.47%
Date Range
2/1/1992 - 6/1/2025
Summary
This economic trend measures new orders received by manufacturers of photographic equipment, providing insight into the demand and production activity in this industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Manufacturers' New Orders: Photographic Equipment Manufacturing series tracks the value of new orders placed with U.S. manufacturers of cameras, lenses, and other photographic equipment. It is a key indicator of industry demand and production outlook.
Methodology
This data is collected through monthly surveys of a sample of manufacturing establishments.
Historical Context
The photographic equipment manufacturing industry is closely watched by economists and policymakers for its connections to consumer spending, technology trends, and international trade.
Key Facts
- New orders for photographic equipment have declined over the past decade due to the rise of digital cameras.
- This industry is highly globalized, with significant imports and exports of cameras and lenses.
- Trends in photographic equipment orders can signal changes in consumer technology preferences.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of new orders received by U.S. manufacturers of photographic equipment, including cameras, lenses, and related products.
Q: Why is this trend relevant for users or analysts?
A: Trends in photographic equipment orders provide insight into consumer demand, production activity, and technology shifts in this industry, which has implications for economic growth, consumer spending, and international trade.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of manufacturing establishments in the United States.
Q: How is this trend used in economic policy?
A: Photographic equipment orders are monitored by economists and policymakers as an indicator of consumer technology preferences, manufacturing performance, and international competitiveness.
Q: Are there update delays or limitations?
A: This data is released monthly by the U.S. Federal Reserve, with a typical lag of several weeks. It may not capture the full universe of photographic equipment manufacturers, especially smaller or more specialized firms.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Photographic Equipment Manufacturing (A33GNO), retrieved from FRED.