Manufacturers' New Orders: Communications Equipment
A34XNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,682.00
Year-over-Year Change
11.61%
Date Range
2/1/1992 - 6/1/2025
Summary
This economic trend measures new orders received by U.S. manufacturers of communications equipment. It is a key indicator of demand and production in this important manufacturing sector.
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 trend tracks the value of new orders received by U.S. producers of communications equipment. This metric provides insight into the strength of the communications manufacturing industry and broader economic conditions.
Methodology
The data is collected through monthly surveys of U.S. manufacturing firms.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to gauge the health of the communications equipment sector.
Key Facts
- Communications equipment accounts for 3.2% of total U.S. manufacturing output.
- New orders grew by 7.5% in 2022 compared to the previous year.
- The sector employs over 280,000 workers nationwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of new orders received by U.S. manufacturers of communications equipment, including phones, routers, and other communications devices.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength of demand and production in the communications equipment manufacturing sector, which is a key part of the broader U.S. industrial economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. manufacturing firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the health of the communications equipment industry and gauge broader economic conditions and production trends.
Q: Are there update delays or limitations?
A: This data is published monthly with a lag of approximately 6 weeks. The figures may be subject to revision as more complete information becomes available.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Communications Equipment (A34XNO), retrieved from FRED.