Spain New Orders - Forecast

New Orders in Spain is expected to be -2.00 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 2.00 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 3.7 -0.6 -0.3 0.99 -1 -4
Services PMI 56.9 55.2 55.4 55.17 53.6 52.4
Manufacturing PMI 55.2 54 54.5 54.11 55.2 53.2
Industrial Production 6.1 2.8 2.8 3.72 2.5 2
Industrial Production Mom 0.9 0.5 -0.3 -0.2 0.4 0.2
Manufacturing Production 5.2 2.9 2.7 3.09 2.7 2.4
Capacity Utilization 80.03 79.82 79.87 79.77 78.7 79.6
Changes in Inventories 1361 901 854 815 764 680
Bankruptcies 1380 1346 1346 1237 985 647
Total Vehicle Sales 101661 100421 98804 97670 99600 115500
Car Production 1391 2014 1698 1666 1810 1930
Car Registrations 119523 118477 117803 117148 102500 109800
Internet Speed 15487 16306 16476 16378 16302 14463
IP Addresses 14575619 14928034 14894526 14899944 14894965 14545293
Mining Production 19 -0.2 0.3 4.09 0.6 1.5
Steel Production 1052 1220 1173 1190 1020 1260
Competitiveness Index 4.7 4.76 4.76 4.68 4.76 4.82
Competitiveness Rank 34 31 31 33 31 29
Ease of Doing Business 28 30 30 34 30 28
Electricity Production 24104 23490 23771 23702 23100 23700
Corruption Index 58 60 60 57 60 62
Corruption Rank 41 39 39 37 39 37
Factory Orders 8.8 4.92 4.09 3.51 3.09 2.19