Manufacturers' New Orders: Defense Aircraft and Parts
ADAPNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,525.00
Year-over-Year Change
3.40%
Date Range
2/1/1992 - 6/1/2025
Summary
The Manufacturers' New Orders: Defense Aircraft and Parts trend measures the value of new orders received by U.S. manufacturers for defense aircraft and related parts. This metric is an important indicator of economic activity and investment in the defense aerospace 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
This data series tracks the dollar value of new orders placed with manufacturers for defense aircraft, engines, and parts. It is a leading indicator of production and investment in the defense aerospace sector, which is a key component of the U.S. industrial base.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this indicator to assess the state of the defense industrial base and gauge broader trends in the military procurement cycle.
Key Facts
- New orders for defense aircraft and parts have averaged $12.5 billion per month over the past decade.
- Defense aerospace manufacturing accounts for over 1.7 million U.S. jobs across the supply chain.
- This metric reached a record high of $25.3 billion in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' New Orders: Defense Aircraft and Parts trend measures the dollar value of new orders received by U.S. manufacturers for military aircraft, engines, and related parts.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the health and investment outlook of the defense aerospace industry, which is a critical component of the U.S. industrial base and a key driver of manufacturing activity.
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 monitor this indicator to assess the state of the defense industrial base and gauge broader trends in military procurement, which has implications for employment, investment, and the overall U.S. economy.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag by the U.S. Census Bureau. There are no known significant limitations to the data collection or reporting.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Defense Aircraft and Parts (ADAPNO), retrieved from FRED.