Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft
NEWORDER • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,427.00
Year-over-Year Change
2.56%
Date Range
2/1/1992 - 6/1/2025
Summary
The 'Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft' metric tracks new orders received by manufacturers for nondefense capital goods, excluding aircraft. This provides insight into business investment and the broader economic outlook.
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 indicator measures the value of new orders received by manufacturers for nondefense capital goods, excluding aircraft. It serves as a barometer for business investment and overall economic activity, as companies' willingness to place new orders reflects their confidence in future demand.
Methodology
The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this metric to assess the health of the manufacturing sector and broader economy.
Key Facts
- This metric excludes the volatile aircraft industry to provide a more stable indicator of business investment.
- New orders for nondefense capital goods are a leading indicator of future economic activity.
- The data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This metric tracks new orders received by manufacturers for nondefense capital goods, excluding aircraft. It provides insight into business investment and the broader economic outlook.
Q: Why is this trend relevant for users or analysts?
A: This indicator serves as a barometer for business investment and overall economic activity, as companies' willingness to place new orders reflects their confidence in future demand.
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: Policymakers and analysts monitor this metric to assess the health of the manufacturing sector and broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with typical lags of a few weeks.
Related Trends
Manufacturers' New Orders: Motor Vehicles and Parts
AMVPNO
Manufacturers' New Orders: Communications Equipment, Nondefense
A34DNO
Manufacturers' New Orders: Communications Equipment
A34XNO
Future New Orders; Percent Reporting Decreases for Federal Reserve District 3: Philadelphia
NOFDNA156MNFRBPHI
Current New Orders; Diffusion Index for Federal Reserve District 3: Philadelphia
NOCDFSA066MSFRBPHI
Manufacturers' New Orders: Manufacturing Excluding Transportation
AMXTNO
Citation
U.S. Federal Reserve, Manufacturers' New Orders: Nondefense Capital Goods Excluding Aircraft (NEWORDER), retrieved from FRED.