All Employees: Mining and Logging in Minnesota
Monthly, Seasonally Adjusted
MNNRMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted (MNNRMN) series measures the monthly change in new orders for non-defense capital goods excluding aircraft, a key indicator of business investment and economic growth.
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 MNNRMN series tracks new orders for machinery, equipment, and other non-defense capital goods, excluding the volatile aircraft industry. This data is used by economists and policymakers to gauge the health of the manufacturing sector and broader economy.
Methodology
The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Historical Context
Trends in MNNRMN are closely monitored by the Federal Reserve and other economic institutions for insights into investment, production, and economic conditions.
Key Facts
- MNNRMN excludes the volatile aircraft industry.
- New orders for capital goods signal future business investment.
- Trends in MNNRMN provide insights into the broader economy.
FAQs
Q: What does this economic trend measure?
A: The MNNRMN series measures the monthly change in new orders for non-defense capital goods excluding aircraft, which is a key indicator of business investment and economic growth.
Q: Why is this trend relevant for users or analysts?
A: Trends in MNNRMN are closely watched by economists and policymakers as they provide insights into the health of the manufacturing sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The MNNRMN series is monitored by the Federal Reserve and other economic institutions to gauge investment, production, and overall economic conditions.
Q: Are there update delays or limitations?
A: The MNNRMN data is released monthly by the U.S. Census Bureau, with typical delays of several weeks between the reference period and publication.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (MNNRMN), retrieved from FRED.