United States Factory Orders

Last Release

Dec 31, 2024

Actual

-0.9

Units In

-0.4

Frequency

Monthly

Next Release

Mar 05, 2025

Time to Release

26 Days 19 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 sank by 0.9% from the previous month to $578.5 billion in December of 2024, extending the revised 0.8% drop in the previous month, and firmly below market expectations of a 0.7% decline to mark the sharpest monthly drop since June. Decreases in orders were substantial for transportation goods (-7.4% to $86.1 billion) due to a plunge in nondefense aircraft orders (-45.7% to $8 billion), in addition to primary metals (-0.5% to $26.8 billion). On the other hand, orders rose for computers and electronic products (0.3% to $25.3 billion) and fabricated metal products (1.1% to $37.3 billion), while remaining broadly unchanged for machinery (0.1% to $37.5 billion).