Track US Factory Orders m/m to gauge production trends and economic health. Key data on durable and non-durable goods included.
This serves as a key indicator of production; an increase in purchase orders suggests that manufacturers are likely to ramp up their operations to meet demand. This report includes updates to the Durable Goods Orders data published roughly a week prior and also features new information about non-durable goods.
What it Measures
The change in the overall value of new purchase orders submitted to manufacturers.
Usual Effect
A reported figure that exceeds expectations is generally favorable for the currency.
Source & Frequency
Census Bureau (latest release) - https://www.census.gov/ • Published monthly, approximately 35 days after the conclusion of the month.
How Data is Derived
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Also Known As
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Acronym
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