Factory orders in the US went up 0.2% from a month earlier to $533.2 billion in April of 2022, after a downwardly revised 1.8% gain in March and missing market forecast of a 0.7% rise. Orders slowed in industries producing both durables (0.5% vs 0.7% in March) and nondurable goods (0.2% vs 2.9%). Among durable goods, orders increased at a softer pace for primary metals (0.8% vs 3.3%) and computers & electronic products (0.1% vs 1.8%) while those for fabricated metal products (-0.1% vs 1.2%) and electrical equipment, appliances, and components (-0.2% vs 2.6%) declined. On the other hand, orders advanced faster for machinery (1% vs 0.6%) and rebounded for transport equipment (0.7% vs -0.3%). source: U.S. Census Bureau
Factory Orders in the United States averaged 0.29 percent from 1991 until 2022, reaching an all time high of 12.20 percent in July of 2014 and a record low of -13 percent in March 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 June of 2022.
Factory Orders in the United States is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Factory Orders is projected to trend around 0.20 percent in 2023 and 0.30 percent in 2024, according to our econometric models.