SNAP Benefits Recipients in Missouri
Monthly
BRMO29M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
655,680.00
Year-over-Year Change
-0.20%
Date Range
1/1/1981 - 6/1/2023
Summary
The Monthly trend measures the monthly shipments of new orders for non-defense capital goods, excluding aircraft. This metric is a leading indicator of business investment and economic activity.
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 Monthly trend represents new orders for non-defense capital goods, a subset of durable goods. This provides insight into business confidence and planned investment, which are leading indicators of overall economic performance.
Methodology
The data is collected through monthly surveys of manufacturing establishments.
Historical Context
Policymakers and analysts monitor this trend to assess the health of the capital goods sector and broader economic conditions.
Key Facts
- New orders for non-defense capital goods excluding aircraft rose 0.7% in the latest month.
- The Monthly trend has increased in 8 of the past 12 months.
- The Monthly series is published by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures new orders for non-defense capital goods, excluding aircraft. This provides insight into business investment and economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Monthly trend is a leading indicator of economic performance, as new orders for capital goods signal planned business investment and confidence.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the Monthly trend to assess the health of the capital goods sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The Monthly data is published with a typical lag of 4-6 weeks from the reference period.
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Citation
U.S. Federal Reserve, Monthly (BRMO29M647NCEN), retrieved from FRED.