SNAP Benefits Recipients in Maryland
Annual
BR24000MDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
662,461.00
Year-over-Year Change
2.59%
Date Range
1/1/1989 - 1/1/2022
Summary
This annual economic data series tracks the total value of new orders received by U.S. manufacturers. It is a key indicator of business investment and future economic activity.
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 Annual New Orders for Manufacturers data measures the total value of new orders received by manufacturing firms across the United States. It is a leading indicator that provides insight into future production, investment, and overall economic conditions.
Methodology
The data is collected through monthly surveys of manufacturing establishments.
Historical Context
Economists and policymakers closely monitor this series to assess the strength of the manufacturing sector and broader economic trends.
Key Facts
- Manufacturers' new orders represent demand for future production.
- The series covers a wide range of manufacturing industries.
- Trends in new orders often precede changes in broader economic activity.
FAQs
Q: What does this economic trend measure?
A: The Annual New Orders for Manufacturers data measures the total value of new orders received by manufacturing firms across the United States.
Q: Why is this trend relevant for users or analysts?
A: This series is a leading indicator that provides insight into future production, investment, and overall economic conditions, making it a crucial metric for economists and policymakers.
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: Economists and policymakers closely monitor this series to assess the strength of the manufacturing sector and broader economic trends, which informs their decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Annual New Orders for Manufacturers (BR24000MDA647NCEN), retrieved from FRED.