Manufacturers' Unfilled Orders: Nondefense Capital Goods Excluding Aircraft
ANXAUO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
300,367.00
Year-over-Year Change
0.14%
Date Range
1/1/1992 - 6/1/2025
Summary
The Manufacturers' Unfilled Orders: Nondefense Capital Goods Excluding Aircraft measure the backlog of outstanding orders for nondefense capital goods, excluding aircraft. This provides insight into the demand for business investment and the pipeline of future production.
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 economic indicator tracks the total value of unfilled orders held by manufacturers of nondefense capital goods, excluding aircraft. It represents the demand for business equipment and machinery, signaling future investment and production plans.
Methodology
The data is collected through monthly surveys of manufacturing establishments.
Historical Context
Analysts and policymakers monitor this metric to gauge the strength of the capital goods sector and broader business investment.
Key Facts
- Nondefense capital goods exclude items like aircraft, ships, and armored vehicles.
- Unfilled orders represent the backlog of customer orders that have not yet been fulfilled.
- This metric provides insight into the future production and investment plans of businesses.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' Unfilled Orders: Nondefense Capital Goods Excluding Aircraft measures the total value of outstanding orders for business equipment and machinery, excluding aircraft.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the demand for business investment and the pipeline of future production, which is a key indicator of economic activity and capital expenditure plans.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this metric to gauge the strength of the capital goods sector and broader business investment, which is a crucial driver of economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve with typical publication delays of several weeks.
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Citation
U.S. Federal Reserve, Manufacturers' Unfilled Orders: Nondefense Capital Goods Excluding Aircraft (ANXAUO), retrieved from FRED.