Spain New Orders - Forecast

New Orders in Spain is expected to be -1.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Orders in Spain to stand at 7.06 in 12 months time. In the long-term, the Spain New Orders is projected to trend around 4.00 Index Points in 2020, according to our econometric models.


Spain New Orders
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Spain Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 2.9 1.5 2.5 2.9 2 -4
Services PMI 56.2 57 55.2 54.8 54.4 53.4
Manufacturing PMI 54.8 54.5 55 55.2 54.6 53.2
Industrial Production 3.1 2.8 2.9 2.5 3.2 2
Industrial Production Mom 1.5 -0.3 -0.2 0.4 0.6 0.2
Manufacturing Production 3.2 2.7 2.8 2.7 2.4 2.4
Capacity Utilization 80.03 80.4 80.5 80.5 80.6 81.2
Changes in Inventories 1880 1191 1100 1045 952 727
Bankruptcies 1380 1420 890 1210 1120 850
Total Vehicle Sales 128175 134200 85900 105600 129800 119500
Car Production 2088 2100 2250 1500 2700 1900
Car Registrations 112451 109400 118500 121400 107200 149800
Internet Speed 15487 16476 16378 16302 16216 13158
IP Addresses 14575619 14476804 14347767 14569036 14779791 15004114
Mining Production 13.7 4 3.2 2.9 1.5 1.5
Steel Production 1118 1290 1320 1020 1450 1260
Competitiveness Index 4.7 4.7 4.7 4.7 4.76 4.82
Competitiveness Rank 34 34 34 34 33 32
Ease of Doing Business 28 27 27 27 26 25
Electricity Production 23269 23700 21900 25400 22800 25600
Corruption Index 57 60 60 60 61 62
Corruption Rank 42 39 39 39 38 37
Factory Orders 3.2 4.5 4.2 4 3.8 3.2