Advertisement
Advertisement
Search Indicator:
Choose Country 
United States Factory Orders
Last Release
Oct 31, 2023
Actual
-3.6
Units In
%
Previous
2.8
Frequency
Monthly
Next Release
Jan 05, 2024
Time to Release
30 Days 23 Hours
Highest | Lowest | Average | Date Range | Source |
12.2 Jul 2014 | -13 Mar 2020 | 0.28 % | 1991-2023 | U.S. Census Bureau |
Factory orders report is compiled from results of "Manufacturers’ Shipments, Inventories, and Orders (M3) survey" and shows the value of new factory orders for both durable (50% of total orders) and non-durable goods. The survey is usually released a week after durable goods orders report.
.
Latest Updates
Factory orders in the US sank 3.6% month-over-month in October 2023, following a downwardly revised 2.3% rise in September, and worse than market forecasts of a 2.8% fall. It is the biggest decrease since April 2020, in a sign the industrial sector is suffering from high interest rates and inflation. Orders for transportation equipment sank 14.7%, namely nondefense aircraft and parts (-49.6%). Orders also declined for electrical equipment, appliances, and components (-1.1%), machinery (-0.3%) and primary metals (-0.3%). In contrast, orders rose for fabricated metal products (0.4%) and computers and electronic products (0.3%). Excluding transportation, factory orders were down 1.2% and excluding defense, orders sank 4.2%.
United States Factory Orders History
Last 12 readings