New orders for manufactured goods in the US increased by 2.3% from the previous month to $592 million in June of 2023, the most since January 2021, and extending the upwardly revised 0.4% advance from the previous month. As seen in May, transportation equipment remained the primary driver of growth as orders surged by 12% to $115.2 million, expanding from the upwardly revised 4.2% increase in the previous month due to strong demand for non-defense aircraft and parts (69.4% to $37.1 million). Growth in factory orders was also sharp for computers and electronic products (1.6% to $24.5 million), fabricated metal products (1.2% to $35.7 million), and electrical equipment, appliances, and components (1.5% to $ 14.4 million). Demand for nondurable goods edged 0.1% higher to $290 million. source: U.S. Census Bureau

Factory Orders in the United States averaged 0.29 percent from 1991 until 2023, 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 August of 2023.

Factory Orders in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States Factory Orders



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-05 02:00 PM May 0.3% 0.3% 0.8% 1.5%
2023-08-03 02:00 PM Jun 2.3% 0.4% 2.2% 1.5%
2023-09-05 02:00 PM Jul 2.3% -0.1% 0.1%


Related Last Previous Unit Reference
Manufacturing PMI 47.00 49.00 points Aug 2023
Business Confidence 46.40 46.00 points Jul 2023
Durable Goods Orders Ex Transportation 0.50 0.20 percent Jul 2023
Durable Goods Orders Ex Defense -5.40 5.90 percent Jul 2023
Durable Goods Orders -5.20 4.40 percent Jul 2023
Factory Orders Ex Transportation 0.20 -0.40 percent Jun 2023
New Orders 592045.00 578626.00 USD Million Jun 2023
Factory Orders 2.30 0.40 percent Jun 2023
Business Inventories 0.00 0.00 percent Jun 2023
Richmond Fed Manufacturing Index -7.00 -9.00 points Aug 2023
Philadelphia Fed Manufacturing Index 12.00 -13.50 points Aug 2023
NY Empire State Manufacturing Index -19.00 1.10 points Aug 2023
Dallas Fed Manufacturing Index -17.20 -20.00 points Aug 2023
Kansas Fed Manufacturing Index 12.00 -20.00 points Aug 2023

United States Factory Orders
Factory orders report is compiled from results of "Manufacturers’ Shipments, Inventories, and Orders (M3) survey" and shows the value of new factory orders for both durable (50% of total orders) and non-durable goods. The survey is usually released a week after durable goods orders report. .
Actual Previous Highest Lowest Dates Unit Frequency
2.30 0.40 11.50 -13.90 1991 - 2023 percent Monthly
Current Prices, SA

News Stream
US Factory Orders Rise the Most in 2-1/2 Years
New orders for manufactured goods in the US increased by 2.3% from the previous month to $592 million in June of 2023, the most since January 2021, and extending the upwardly revised 0.4% advance from the previous month. As seen in May, transportation equipment remained the primary driver of growth as orders surged by 12% to $115.2 million, expanding from the upwardly revised 4.2% increase in the previous month due to strong demand for non-defense aircraft and parts (69.4% to $37.1 million). Growth in factory orders was also sharp for computers and electronic products (1.6% to $24.5 million), fabricated metal products (1.2% to $35.7 million), and electrical equipment, appliances, and components (1.5% to $ 14.4 million). Demand for nondurable goods edged 0.1% higher to $290 million.
2023-08-03
US Factory Orders Rise Less than Forecast
New orders for manufactured goods in the US increased by 0.3 percent compared to the previous month in May 2023, the same pace as in the previous period but falling short of market expectations for a 0.8 percent advance. Notably, demand for transportation remained the primary driver of growth, as orders rose by 3.8 percent, following a 4.8 percent increase in April, mainly boosted by civilian aircraft and ships & boats. Demand was also up for electrical equipment, appliances, and components (1.9 percent vs -2.8 percent), computers and electronic products (0.3 percent vs -1.8 percent), machinery (1.2 percent vs 0.4 percent), primary metals (0.4 percent vs -0.5 percent), and fabricated metal products (0.1 percent vs -0.2 percent). Finally, demand for nondurable goods declined by 1.2 percent, after a 0.7 percent fall in April.
2023-07-05
US Factory Orders Grow Less Than Expected
New orders for manufactured goods in the US increased by 0.4% from the previous month in April of 2023 amid strong defense spending, but slowing from the downwardly revised 0.6% increase in the prior month and missing market forecasts of a 0.8% jump. Albeit slower, considerable order growth was noted for transportation equipment (3.7% vs 9.8% in March), carried by defense aircraft and parts (32.7% vs 26.9%), while demand for machinery rebounded (1.6% vs -0.1%). On the other hand, order levels stalled for fabricated metal products (vs 0.7%) and contracted for primary metals (-0.6% vs 0.5%), computers and electronic products (-1.4% vs 1.8%), and electrical equipment, appliances, and components (-1.7% vs 0.4%), underscoring the impact of higher interest rates. Excluding defense, orders fell by 0.4%. On an annual basis, US manufacturing orders expanded by 1.4%.
2023-06-05