Manufacturers' New Orders: Industrial Machinery Manufacturing
A33ENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,511.00
Year-over-Year Change
10.76%
Date Range
2/1/1992 - 6/1/2025
Summary
Manufacturers' New Orders: Industrial Machinery Manufacturing tracks new orders received by U.S. manufacturers of industrial machinery. This metric is a leading indicator of future production and investment activity in the industrial 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: Industrial Machinery Manufacturing series measures the value of new orders placed with domestic manufacturers for industrial machinery. This data provides insight into future demand and production plans in the industrial machinery industry, which is a key component of the broader U.S. manufacturing economy.
Methodology
The data is collected through monthly surveys of manufacturing firms by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this indicator to assess the health and near-term outlook for the industrial sector.
Key Facts
- Manufacturers' new orders rebounded sharply in 2021 after pandemic-related declines.
- The industrial machinery manufacturing industry accounts for over 10% of total U.S. manufacturing output.
- New orders serve as a leading indicator for future production and capital investment.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' New Orders: Industrial Machinery Manufacturing series tracks the value of new orders received by U.S. producers of industrial machinery and equipment.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into future demand and production plans in the industrial machinery sector, which is an important component of the broader U.S. manufacturing economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess the health and near-term outlook for the industrial sector, which informs decisions on economic and monetary policy.
Q: Are there update delays or limitations?
A: The Manufacturers' New Orders data is released on a monthly basis with a typical 4-6 week lag from the reference period.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Industrial Machinery Manufacturing (A33ENO), retrieved from FRED.