Manufacturers' New Orders of Durable Goods, Value for United States
M0684CUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,306.00
Year-over-Year Change
8.45%
Date Range
1/1/1947 - 6/1/1969
Summary
The Manufacturers' New Orders of Durable Goods, Value for United States tracks the total value of new orders received by domestic manufacturers for durable goods, which are products designed to last more than three years. This metric is a key indicator of economic activity and business investment.
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 series represents the total value of new orders received by U.S. manufacturers for durable goods, which include items like machinery, electronics, and transportation equipment. It is used by economists and policymakers to gauge the strength of the manufacturing sector and overall business confidence.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Trends in new durable goods orders can signal shifts in consumer and business demand, providing insights for economic and monetary policy decisions.
Key Facts
- Durable goods account for about one-third of total U.S. manufacturing output.
- New orders for durable goods can signal upcoming changes in production and employment.
- The durable goods sector is sensitive to interest rates and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of new orders received by U.S. manufacturers for durable goods, which are products designed to last more than three years.
Q: Why is this trend relevant for users or analysts?
A: Trends in new durable goods orders provide insights into the strength of the manufacturing sector and overall business investment, which are important for economic and policy analysis.
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: Durable goods orders data is closely monitored by economists and policymakers to gauge consumer and business demand, which can inform decisions on economic and monetary policy.
Q: Are there update delays or limitations?
A: The durable goods orders data is released monthly by the U.S. Census Bureau, with a typical release lag of about 4 weeks from the end of the reference period.
Related Trends
Manufacturers' Shipments, Electrical Machinery, Total for United States
M06124USM144NNBR
Metal Cutting Type Machine Tools, Gross New Orders, Total for United States
M06093USM144NNBR
Retail Sales of Shoes for United States
M06061USM144NNBR
Buying Policy, Production Materials, Percent Reporting, Commitments 60 Days or Longer for the United States
M06098USM156NNBR
Sales by Grocery Chain Stores for United States
M0608AUSM363SNBR
Manufacturers' New Orders, Transportation Equipment for United States
M06130USM144NNBR
Citation
U.S. Federal Reserve, Manufacturers' New Orders of Durable Goods, Value for United States (M0684CUSM144NNBR), retrieved from FRED.