Manufacturers' New Orders: Communications Equipment, Nondefense
Not Seasonally Adjusted
U34DNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,852.00
Year-over-Year Change
13.36%
Date Range
2/1/1992 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' series measures economic indicators without adjusting for seasonal fluctuations. This provides a raw, unmodified view of underlying trends that is useful for economic analysis 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 'Not Seasonally Adjusted' series presents economic data in its original, unprocessed form, without the adjustments made to account for predictable seasonal patterns. This contrasts with 'Seasonally Adjusted' data, which removes the effects of regular events like holidays and weather to reveal fundamental changes.
Methodology
The data is collected directly from survey responses and administrative sources without any seasonal adjustments.
Historical Context
Policymakers and analysts use the 'Not Seasonally Adjusted' series to understand the true underlying state of the economy, separate from transient seasonal factors.
Key Facts
- The 'Not Seasonally Adjusted' series presents unprocessed economic data.
- Seasonal adjustments can obscure fundamental economic trends.
- Policymakers use unadjusted data to understand the true state of the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series provides raw, unprocessed economic data without any modifications to account for seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: Unadjusted data is crucial for understanding the underlying state of the economy, separate from transient seasonal factors that can distort the interpretation of economic indicators.
Q: How is this data collected or calculated?
A: The data is collected directly from survey responses and administrative sources without any seasonal adjustments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the 'Not Seasonally Adjusted' series to gain a clear picture of the true state of the economy, which informs their decisions and policies.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' data is subject to the same update schedules and potential limitations as the underlying economic indicators it represents.
Related Trends
Future Growth Rate of Orders; Percentage Reporting Increases for Texas
FGROIUAMFRBDAL
Future New Orders; Percentage Reporting No Change for Texas
FVNWONSAMFRBDAL
Manufacturers' New Orders: Transportation Equipment
A36SNO
Manufacturers' New Orders: Electromedical, Measuring, and Control Instrument Manufacturing
A34KNO
Current New Orders; Percent Reporting Increases for Federal Reserve District 3: Philadelphia
NOCISA156MSFRBPHI
Manufacturers' New Orders: Ferrous Metal Foundries
A31CNO
Citation
U.S. Federal Reserve, 'Not Seasonally Adjusted' (U34DNO), retrieved from FRED.