New orders for US manufactured goods rose by 1.6% from the previous month to $584.5 billion in March of 2024, following a 1.2% increase in February, in line with expectations. New orders expanded by 2.6% for durable goods industries, lifted by transportation equipment (7.8%), fabricated metal products (0.2%) and computers and electronic products (0.7%). In the meantime, orders in non-durable goods industries rose by 0.6%. Excluding transportation, factory orders rose by a softer 0.5%. source: U.S. Census Bureau
Factory Orders in the United States increased 1.60 percent in March 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 May of 2024.
Factory Orders in the United States increased 1.60 percent in March 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.