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Quarterly, Not Seasonally Adjusted

LRIN74MACHQ156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.90

Year-over-Year Change

2.45%

Date Range

4/1/1998 - 1/1/2025

Summary

This economic trend measures the nominal value of new orders for non-defense capital goods, excluding aircraft, on a quarterly basis without seasonal adjustments. It provides insight into business investment and the health 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 'Quarterly, Not Seasonally Adjusted' new orders for non-defense capital goods, excluding aircraft, is a key indicator of capital investment and industrial production in the U.S. economy. Economists and policymakers closely monitor this trend to assess business confidence and the overall strength of the manufacturing industry.

Methodology

The U.S. Census Bureau collects this data through monthly surveys of manufacturing establishments.

Historical Context

This indicator is used by the Federal Reserve, economists, and market analysts to evaluate the near-term outlook for business investment and economic growth.

Key Facts

  • The series dates back to 1992.
  • New orders are a leading indicator of future production.
  • This metric excludes transportation equipment to focus on core capital goods.

FAQs

Q: What does this economic trend measure?

A: This trend measures the nominal value of new orders for non-defense capital goods, excluding aircraft, on a quarterly basis without seasonal adjustments.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into business investment and the health of the manufacturing sector, which are key drivers of economic growth.

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: The Federal Reserve, economists, and market analysts use this indicator to evaluate the near-term outlook for business investment and economic growth.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a typical delay of 1-2 months.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRIN74MACHQ156N), retrieved from FRED.