Current New Orders; Percent Reporting Increases for New York
NOCISA156MSFRBNY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.90
Year-over-Year Change
10.12%
Date Range
7/1/2001 - 8/1/2025
Summary
This economic trend measures the percentage of firms in the New York region reporting increases in new orders. It provides insight into the current state of manufacturing activity and demand.
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 'Current New Orders; Percent Reporting Increases for New York' series is a key indicator of manufacturing conditions in the New York area. It captures the net share of firms seeing new order growth, serving as a real-time gauge of regional economic health.
Methodology
The data is collected through the Empire State Manufacturing Survey conducted by the Federal Reserve Bank of New York.
Historical Context
This metric is closely watched by economists and policymakers to understand regional economic dynamics and guide policy decisions.
Key Facts
- The series tracks the net percentage of firms seeing new order growth.
- It is part of the Empire State Manufacturing Survey conducted by the New York Fed.
- The data is released monthly, providing timely insights into regional economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in the New York region reporting increases in new orders, a key indicator of manufacturing activity and demand.
Q: Why is this trend relevant for users or analysts?
A: This metric provides real-time insights into the state of the regional economy, which is crucial for policymakers and market participants to understand economic dynamics and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Empire State Manufacturing Survey conducted by the Federal Reserve Bank of New York.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by economists and policymakers to assess regional economic conditions and guide policy decisions, particularly at the Federal Reserve and in the state of New York.
Q: Are there update delays or limitations?
A: The data is released monthly, providing timely insights into current regional economic conditions. There may be some reporting lags, but the series is generally considered a reliable and up-to-date indicator.
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Citation
U.S. Federal Reserve, Current New Orders; Percent Reporting Increases for New York (NOCISA156MSFRBNY), retrieved from FRED.