New orders for US manufactured goods excluding transportation rose by 2.6 percent from a month earlier in May 2020, partially recovering from a record 8.9 percent tumble in April, as several states gradually lifted coronavirus restrictions.
Factory Orders Ex Transportation in the United States averaged 0.21 percent from 1992 until 2020, reaching an all time high of 4.60 percent in March of 1996 and a record low of -8.90 percent in April of 2020. This page provides - United States Factory Orders Ex Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Factory Orders Ex Transportation - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: U.S. Census Bureau
Factory Orders Ex Transportation in the United States is expected to be -4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Factory Orders Ex Transportation in the United States to stand at 1.20 in 12 months time. In the long-term, the United States Factory Orders Ex Transportation is projected to trend around 0.30 percent in 2021, according to our econometric models.