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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 %1991-2023U.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

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