Production: Mining: Total for Austria
Quarterly, Seasonally Adjusted
PRMITO01ATQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.86
Year-over-Year Change
-15.82%
Date Range
1/1/1990 - 7/1/2023
Summary
The Quarterly, Seasonally Adjusted trend measures the volume of new orders received by U.S. manufacturing industries, a key indicator of economic activity and industrial 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
This manufacturing new orders series tracks the total value of orders received by U.S. factories, providing insight into future production and supply chain dynamics. It is a leading economic indicator closely monitored by policymakers and analysts.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Quarterly new orders data is used to assess the health of the manufacturing sector and inform monetary and fiscal policy decisions.
Key Facts
- New orders have rebounded from pandemic lows.
- Durable goods orders account for a large portion of the total.
- The trend is a leading indicator of future manufacturing output.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the total value of new orders received by U.S. manufacturing industries, a key indicator of future production and economic activity.
Q: Why is this trend relevant for users or analysts?
A: New manufacturing orders are a leading indicator, providing insight into future production, employment, and supply chain dynamics. Analysts and policymakers closely monitor this trend to assess the health of the industrial sector.
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: Quarterly new orders data is used by the Federal Reserve and other policymakers to evaluate the state of the manufacturing sector and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a short delay between the reference period and publication.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (PRMITO01ATQ661S), retrieved from FRED.