Manufacturers' New Orders: Communications Equipment, Nondefense
A34DNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,454.00
Year-over-Year Change
12.03%
Date Range
2/1/1992 - 6/1/2025
Summary
Measures new orders received by U.S. manufacturers of communications equipment for non-defense use. A key indicator of economic activity and business investment.
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: Communications Equipment, Nondefense series tracks the value of new orders received by U.S. manufacturers of communications equipment for non-military applications. This metric is used to gauge trends in business investment and overall economic conditions.
Methodology
Data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Closely monitored by economists and policymakers as a predictor of future production, capital expenditures, and economic growth.
Key Facts
- New orders peaked at $13.4 billion in December 2000.
- Orders declined sharply during the 2008-2009 recession.
- The series has shown steady growth since the early 2010s.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' New Orders: Communications Equipment, Nondefense series measures the value of new orders received by U.S. manufacturers of communications equipment for non-defense use.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of business investment and economic activity, as new orders for communications equipment reflect expected future production and capital expenditures.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this series as a predictor of future economic growth, as new orders for communications equipment are a leading indicator of business investment and production.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag by the Federal Reserve, and may be subject to revisions as more complete information becomes available.
Related Trends
Current Growth Rate of Orders; Percentage Reporting Increases for Texas
GROISAMFRBDAL
Current Growth Rate of Orders; Percentage Reporting Decreases for Texas
GRODSAMFRBDAL
Manufacturers' New Orders: Nondurable Goods
AMNMNO
Manufacturers' New Orders: Consumer Goods
ACOGNO
Future Growth Rate of Orders; Percentage Reporting No Change for Texas
FGRONSAMFRBDAL
Future Growth Rate of Orders; Percentage Reporting Decreases for Texas
FGRODSAMFRBDAL
Citation
U.S. Federal Reserve, Manufacturers' New Orders: Communications Equipment, Nondefense (A34DNO), retrieved from FRED.