Manufacturers' New Orders: Mining, Oil, and Gas Field Machinery Manufacturing
A33DNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,275.00
Year-over-Year Change
-2.22%
Date Range
2/1/1992 - 6/1/2025
Summary
This economic indicator tracks new orders received by U.S. manufacturers of mining, oil, and gas field machinery. It serves as an important leading indicator for investment and production trends in the energy 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 Manufacturers' New Orders: Mining, Oil, and Gas Field Machinery Manufacturing series measures the value of new orders received by U.S. manufacturers of machinery used in mining, oil, and natural gas extraction. This data provides insight into future activity and investment in the energy industry.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of manufacturing establishments.
Historical Context
Economists and policymakers closely monitor this indicator to gauge the health and near-term outlook of the energy and mining sectors.
Key Facts
- New orders peaked at $6.4 billion in December 2014.
- Orders declined by over 50% from 2014 to 2016 due to the oil price downturn.
- The series has exhibited high volatility, reflecting the cyclical nature of energy investment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks new orders received by U.S. manufacturers of machinery used in mining, oil, and natural gas extraction.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into future activity and investment in the energy industry, serving as a leading indicator for the sector.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to gauge the health and near-term outlook of the energy and mining sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Mining, Oil, and Gas Field Machinery Manufacturing (A33DNO), retrieved from FRED.