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%. source: U.S. Census Bureau

Factory Orders in the United States increased 1.40 percent in February of 2024 over the previous month. Factory Orders in the United States averaged 0.28 percent from 1991 until 2024, reaching an all time high of 11.50 percent in July of 2014 and a record low of -13.90 percent in April of 2020. This page provides the latest reported value for - United States Factory Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Factory Orders - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.

Factory Orders in the United States increased 1.40 percent in February of 2024 over the previous month. Factory Orders in the United States is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-03-05 03:00 PM
Factory Orders MoM
Jan -3.6% -0.3% -2.9% -4.9%
2024-04-02 02:00 PM
Factory Orders MoM
Feb 1.4% -3.8% 1% 1.3%
2024-05-02 02:00 PM
Factory Orders MoM
Mar 0.8%


Related Last Previous Unit Reference
ISM Manufacturing PMI 50.30 47.80 points Mar 2024
Business Inventories MoM 0.40 0.00 percent Feb 2024
Dallas Fed Manufacturing Index -14.40 -11.30 points Mar 2024
Durable Goods Orders MoM 1.30 -6.90 percent Feb 2024
Durable Goods Orders ex Defense MoM 2.20 -7.90 percent Feb 2024
Durable Goods Orders Ex Transp MoM 0.50 -0.30 percent Feb 2024
Factory Orders MoM 1.40 -3.80 percent Feb 2024
Factory Orders ex Transportation 1.10 -0.60 percent Feb 2024
Kansas Fed Manufacturing Index -9.00 3.00 points Mar 2024
S&P Global Manufacturing PMI 51.90 52.20 points Mar 2024
New Orders 576760.00 568570.00 USD Million Feb 2024
NY Empire State Manufacturing Index -14.30 -20.90 points Apr 2024
Philadelphia Fed Manufacturing Index 15.50 3.20 points Apr 2024
Richmond Fed Manufacturing Index -11.00 -5.00 points Mar 2024

United States Factory Orders
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. .
Actual Previous Highest Lowest Dates Unit Frequency
1.40 -3.80 11.50 -13.90 1991 - 2024 percent Monthly
Current Prices, SA

News Stream
US Factory Orders Rebound More than Expected
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%.
2024-04-02
US Factory Orders Fall More than Expected
New orders for US manufactured goods fell by 3.6% month-over-month in January 2024, following a revised 0.3% decrease in December, and compared with market forecasts of a 2.9% decline. It is the biggest decrease since April 2020, as orders went down for transportation equipment (-16.2%), primary metals (-1.9%), fabricated metal products (-0.9%), machinery (-0.3%), On the other hand, orders for computers and electronic products rose 1.3% and those of electrical equipment, appliances, and components increased 0.9%. Excluding transportation, factory orders went down 0.8%.
2024-03-05
US Factory Orders Rise 0.2% as Expected
New orders for US manufactured goods edged up 0.2% month-over-month in December 2023, following a 2.6% surge in November, and in line with market forecasts. Orders went up for fabricated metal products (0.8%) and machinery (0.1%), namely ventilation, heating, air-conditioning, and refrigeration equipment (5%) and those for computers and electronic products were up 0.4%. Orders also rose for electrical equipment, appliances, and components by 1.4%. On the other hand, orders for transportation equipment declined 0.9%, namely ships and boats (-17.5%) and defense aircraft and parts (-2.9%). Excluding transportation, factory orders went up 0.4%.
2024-02-02