Manufacturers' Unfilled Orders to Shipments Ratios: Machinery
A33SUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
-4.65%
Date Range
1/1/1992 - 6/1/2025
Summary
The Manufacturers' Unfilled Orders to Shipments Ratios: Machinery trend measures the ratio of unfilled orders to shipments in the U.S. machinery manufacturing industry, providing insight into demand and supply dynamics.
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
This indicator represents the backlog of orders relative to current shipments, offering a gauge of production capacity utilization and future activity in the machinery sector. It is a closely watched metric by economists and policymakers assessing manufacturing health.
Methodology
The data is collected and calculated monthly by the U.S. Census Bureau through surveys of manufacturers.
Historical Context
The ratio helps inform analysis of business investment, economic growth, and the industrial production outlook.
Key Facts
- The ratio ranges from 0 to 1, with higher values indicating greater backlogs.
- Machinery orders are a leading indicator of business investment and overall economic activity.
- Rapid changes in the ratio can signal shifts in production capacity and supply chain dynamics.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' Unfilled Orders to Shipments Ratios: Machinery trend measures the ratio of unfilled orders to current shipments in the U.S. machinery manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into supply and demand dynamics, production capacity utilization, and the forward outlook for the machinery manufacturing sector, which is a key driver of broader economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by the U.S. Census Bureau through surveys of manufacturers.
Q: How is this trend used in economic policy?
A: The ratio helps inform analysis of business investment, economic growth, and the industrial production outlook, which are all important considerations for policymakers.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months, and may be subject to periodic revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Manufacturers' Unfilled Orders to Shipments Ratios: Machinery (A33SUS), retrieved from FRED.