United States Factory Orders

Last Release

Feb 29, 2024

Actual

1.4

Units In

-3.6

Frequency

Monthly

Next Release

May 02, 2024

Time to Release

29 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
12.2 Jul 2014	-13 Mar 2020	0.28 %	1991-2024	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

New orders for US manufactured goods rose by 1.4% from the previous month to $576.8 billion in February of 2024, trimming the upwardly revised 3.8% drop in January, and above market expectations of a 1% increase to point to further resilience of the US economy. New orders expanded by 1.3% for durable goods industries, lifted by transportation equipment (3.3%), machinery (1.8%), and fabricated metal products (0.8%). In the meantime, orders in non-durable goods industries rose by 1.2%. Excluding transportation, factory orders rose by a softer 1.1%.