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%. source: U.S. Census Bureau
Factory Orders in the United States decreased 3.60 percent in January 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 March of 2024.
Factory Orders in the United States decreased 3.60 percent in January of 2024 over the previous month. Factory Orders in the United States is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.