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United States Factory Orders
Last Release
May 31, 2024
Actual
-0.5
Units In
%
Previous
0.7
Frequency
Monthly
Next Release
Aug 02, 2024
Time to Release
29 Days 5 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.
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Latest Updates
New orders for US manufactured goods fell by 0.5% from the previous month to $583.1 billion in May of 2024, erasing the downwardly revised 0.4% increase from the previous month, and contrasting with market expectations of a 0.2% increase. The contraction was sharper when excluding the volatile component of transportation equipment, marking a 0.7% decline instead of expectations of a 0.3% expansion.
United States Factory Orders History
Last 12 readings