Manufacturers' Shipments, Machinery Except Electrical, Total for United States
M06123USM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,124.00
Year-over-Year Change
8.36%
Date Range
1/1/1953 - 12/1/1965
Summary
This economic trend measures the total value of shipments by U.S. manufacturers of machinery excluding electrical machinery. It provides insight into the production and demand for industrial machinery, a key indicator of overall manufacturing 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 Manufacturers' Shipments, Machinery Except Electrical, Total for United States metric tracks the monthly dollar value of shipments from U.S. manufacturers producing industrial machinery. This data is used by economists and policymakers to assess the health and direction of the manufacturing sector.
Methodology
The data is collected through a monthly survey of U.S. manufacturing establishments by the U.S. Census Bureau.
Historical Context
This metric is closely watched by analysts and policymakers as a barometer of the broader economy and industrial investment.
Key Facts
- Tracks monthly dollar value of machinery shipments from U.S. manufacturers.
- An important indicator of manufacturing sector health and investment.
- Data collected through monthly Census Bureau survey of manufacturers.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of shipments by U.S. manufacturers of industrial machinery, excluding electrical machinery.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the production and demand for capital goods, which is a key indicator of overall manufacturing activity and economic investment.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of U.S. manufacturing establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is closely watched by analysts and policymakers as a barometer of the broader economy and industrial investment.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Manufacturers' Shipments, Machinery Except Electrical, Total for United States (M06123USM144NNBR), retrieved from FRED.