Manufacturers' New Orders: Turbines, Generators, and Other Power Transmission Equipment
ATGPNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,517.00
Year-over-Year Change
0.22%
Date Range
2/1/1992 - 6/1/2025
Summary
The Manufacturers' New Orders: Turbines, Generators, and Other Power Transmission Equipment measures the value of new orders received by manufacturers of these critical power system components. This metric serves as an important leading indicator of investment and activity in the electricity generation and transmission industries.
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 received by U.S. manufacturers of turbines, generators, and other power transmission equipment. It provides insight into the pipeline of upcoming projects and investments in the electricity infrastructure, which is crucial for analyzing economic growth and capacity expansion in the energy sector.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts closely monitor this metric to gauge the near-term outlook for the energy industry and broader capital expenditure trends.
Key Facts
- New orders reached a peak of $3.3 billion in December 2019.
- Orders declined sharply during the COVID-19 pandemic, falling to $1.6 billion in April 2020.
- The series has shown a gradual recovery since mid-2020 as the economy rebounds.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' New Orders: Turbines, Generators, and Other Power Transmission Equipment measures the dollar value of new orders received by U.S. manufacturers of these critical power system components.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into investment and activity levels in the electricity generation and transmission industries, serving as a leading indicator for economic growth and capacity expansion in the energy sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this metric to gauge the near-term outlook for the energy industry and broader capital expenditure trends.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Turbines, Generators, and Other Power Transmission Equipment (ATGPNO), retrieved from FRED.