Production: Mining: Total for Austria
Annual, Not Seasonally Adjusted
PRMITO01ATA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.83
Year-over-Year Change
-3.49%
Date Range
1/1/1990 - 1/1/2022
Summary
This trend measures the annual, not seasonally adjusted total new orders for manufacturing industries in the United States. It provides insight into the health and activity of the broader 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 annual, not seasonally adjusted total new orders for manufacturing industries is a key economic indicator that reflects the demand for manufactured goods. It is used by economists and policymakers to assess the strength and direction of the manufacturing sector.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This trend is closely watched by analysts and policymakers to gauge the state of the U.S. economy and inform economic policy decisions.
Key Facts
- Manufacturing accounts for about 11% of U.S. GDP.
- New orders are a leading indicator of future production.
- The manufacturing sector has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of new orders received by U.S. manufacturing establishments on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and direction of the manufacturing sector, which is a critical component of the U.S. economy. It is closely watched by economists, policymakers, and analysts to assess economic conditions.
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: Policymakers and analysts use this trend to gauge the strength of the manufacturing sector and inform decisions related to economic policy, such as interest rates and trade policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of around 6 weeks. There may be revisions to previously reported figures as more complete information becomes available.
Related Trends
Consumer Price Index: Harmonized Prices: Clothing and Footwear (COICOP 03): Total for Austria
AUTCPHP0300GPM
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Austria
LFHU24MAATA647N
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Austria
LFEM64TTATA647S
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Austria
AUTSARTQISMEI
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Austria
LFHUADFEATA647N
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Austria
SLRTTO01ATQ661N
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRMITO01ATA661N), retrieved from FRED.