Current New Orders; Percent Reporting Decreases for New York
NOCDNA156MNFRBNY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.70
Year-over-Year Change
-30.91%
Date Range
7/1/2001 - 8/1/2025
Summary
The 'Current New Orders; Percent Reporting Decreases for New York' trend measures the percentage of manufacturing firms in New York that report decreases in new orders. This indicator provides insights into the health of the region's 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
This economic indicator tracks the portion of New York manufacturers that see declines in new orders, which is a leading signal of broader industrial activity. Economists monitor this metric to gauge the momentum of the state's manufacturing base and broader economic conditions.
Methodology
The data is collected through monthly surveys of manufacturing firms in the New York region.
Historical Context
Policymakers and analysts use this indicator to inform decisions and forecasts about regional economic policy.
Key Facts
- New York is a major U.S. manufacturing hub.
- Declining new orders signal potential production cutbacks.
- The indicator is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of manufacturing firms in New York that report decreases in new orders, providing insights into the health of the region's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers monitor this metric to gauge the momentum of New York's manufacturing base and broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms in the New York region.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to inform decisions and forecasts about regional economic policy in New York.
Q: Are there update delays or limitations?
A: The indicator is released monthly by the Federal Reserve, with minimal delays.
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Citation
U.S. Federal Reserve, Current New Orders; Percent Reporting Decreases for New York (NOCDNA156MNFRBNY), retrieved from FRED.