Manufacturers' Unfilled Orders, Transportation Equipment, Total for United States
M06116USM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,141.00
Year-over-Year Change
23.29%
Date Range
1/1/1953 - 12/1/1965
Summary
This economic indicator tracks the total value of unfilled orders for transportation equipment, providing insight into manufacturing activity and future demand.
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 Manufacturers' Unfilled Orders, Transportation Equipment, Total for United States metric measures the dollar value of orders received by manufacturers for transportation equipment that have not yet been filled. It serves as a leading indicator of future production and investment in the sector.
Methodology
This data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this metric to gauge the strength of the transportation manufacturing industry and anticipate future economic trends.
Key Facts
- Unfilled orders indicate future production and investment.
- Transportation equipment is a major component of U.S. manufacturing.
- This metric helps forecast economic trends and policy decisions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of unfilled orders for transportation equipment, including motor vehicles, aerospace products, and other transportation-related goods.
Q: Why is this trend relevant for users or analysts?
A: Unfilled orders provide insight into future manufacturing activity and investment, making this a leading indicator for the broader economy.
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: Policymakers and analysts monitor this metric to gauge the strength of the transportation manufacturing industry and anticipate future economic trends.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 4-6 week lag from the reference period.
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Citation
U.S. Federal Reserve, Manufacturers' Unfilled Orders, Transportation Equipment, Total for United States (M06116USM144NNBR), retrieved from FRED.