Manufacturers' New Orders: Information Technology Industries
AITINO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,130.00
Year-over-Year Change
3.35%
Date Range
2/1/1992 - 6/1/2025
Summary
The Manufacturers' New Orders: Information Technology Industries trend measures the value of new orders received by U.S. manufacturers in the IT sector. This metric is a leading 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
This series tracks the dollar value of new orders placed with manufacturers for information technology products, including computers, communications equipment, and other IT hardware and software. It provides insight into the health and trajectory of a key U.S. industrial sector.
Methodology
The data is collected through surveys of domestic manufacturers by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this indicator to assess business confidence and near-term demand in the tech industry.
Key Facts
- New orders for IT products make up around 4% of total U.S. manufacturing orders.
- The IT industry accounts for over 3 million U.S. manufacturing jobs.
- Manufacturers' new orders are a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' New Orders: Information Technology Industries trend measures the dollar value of new orders received by U.S. manufacturers for IT products like computers, communications equipment, and software.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insight into the health and near-term trajectory of the U.S. IT manufacturing sector, which is a key driver of business investment and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of domestic manufacturers 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 business confidence and investment plans in the technology industry, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Manufacturers' New Orders data is released monthly by the U.S. Census Bureau, with a typical 4-6 week lag between the reference period and public release.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Information Technology Industries (AITINO), retrieved from FRED.