United States Factory Orders

Last Release

Sep 30, 2024

Actual

-0.5

Units In

-0.2

Frequency

Monthly

Next Release

Dec 04, 2024

Time to Release

28 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
12.2 Jul 2014	-13 Mar 2020	0.28 %	1991-2024	U.S. Census Bureau

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. .

Latest Updates

New orders for manufactured goods in the US fell by 0.5% from the previous month to $584.2 billion in September of 2024, extending the revised 0.8% decline in August and loosely in line with market expectations of a 0.4% drop. The result aligned with other key data that underscored the weakening momentum of the US manufacturing sector. Declines were noted for durable goods-producing industries (-0.7%), led by transportation equipment (-3.1% to $95.4 billion) and machinery (-0.2% to $37.6 billion), while an increase for orders by fabricated metal producers softened the blow (2.1% to $37.4 billion). In turn, orders also fell for non-durable goods producers (-0.2%).