Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Sweden
Quarterly, Not Seasonally Adjusted
PRMNTO01SEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.33
Year-over-Year Change
5.95%
Date Range
1/1/1955 - 10/1/2023
Summary
This series measures quarterly, not seasonally adjusted manufacturing orders for the United States. It is an important economic indicator that provides insights into the health and direction of the manufacturing sector.
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 manufacturing orders trend tracks the value of new orders received by U.S. manufacturers. It is used by economists and policymakers to assess the current state of the manufacturing industry and gauge future production and investment.
Methodology
The data is collected through monthly surveys of manufacturing establishments conducted by the U.S. Census Bureau.
Historical Context
Trends in manufacturing orders offer insights into the overall strength of the economy and can inform monetary and fiscal policy decisions.
Key Facts
- Manufacturing orders have increased by 30% since 2010.
- The sector accounts for over 11% of U.S. GDP.
- New orders are a leading indicator of future production and investment.
FAQs
Q: What does this economic trend measure?
A: This series measures the value of new orders received by U.S. manufacturers on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing orders are a key indicator of the health and direction of the U.S. industrial sector, providing insights into future production, investment, and economic growth.
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: Trends in manufacturing orders offer insights into the overall strength of the economy and can inform monetary and fiscal policy decisions by policymakers and central banks.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMNTO01SEQ661N), retrieved from FRED.