All Employees: Leisure and Hospitality in Maryland
Monthly, Not Seasonally Adjusted
MDLEIHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294.70
Year-over-Year Change
1.62%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Not Seasonally Adjusted series measures the U.S. Manufacturers' New Orders: Durable Goods. This key metric provides insight into the health and direction of the manufacturing sector, which is crucial for economic growth and policy decisions.
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: Durable Goods measures the dollar value of new orders received by U.S. manufacturing establishments for products with an expected life of three years or more. This series is used by economists and policymakers to gauge the strength of the manufacturing industry and broader economic conditions.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Trends in new durable goods orders are closely monitored by the Federal Reserve and other policymakers for signals about the future direction of the economy.
Key Facts
- Durable goods are products with an expected lifespan of at least 3 years.
- New orders for durable goods reflect future production and investment plans.
- The manufacturing sector accounts for about 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted series measures the dollar value of new orders received by U.S. manufacturing establishments for durable goods - products with an expected lifespan of at least 3 years.
Q: Why is this trend relevant for users or analysts?
A: Trends in new durable goods orders provide valuable insights into the health and direction of the manufacturing sector, which is a key driver of economic growth. This information is closely monitored by economists, policymakers, and market analysts.
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: The Manufacturers' New Orders: Durable Goods series is a leading indicator closely watched by the Federal Reserve and other policymakers to gauge the strength of the manufacturing industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical lag of 4-6 weeks. There may be revisions to previously reported figures as more complete information becomes available.
Related Trends
Gross Domestic Product: Legal Services (5411) in Maryland
MDLEGALNGSP
Civilian Labor Force for Maryland
CIVLFMD
All Employees: Financial Activities in Maryland
MDFIRE
Average Hourly Earnings of Production Employees: Manufacturing: Durable Goods in Maryland
SMU24000003100000008
Average Hourly Earnings of All Employees: Goods Producing in Maryland
SMU24000000600000003A
Average Hourly Earnings of All Employees: Private Service Providing in Maryland
SMU24000000800000003
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (MDLEIHN), retrieved from FRED.