Factory orders in the US shrank 0.6 percent month-over-month in April of 2021, the first decline in 12 months and more than market forecasts of a 0.2 percent fall. transportation equipment recorded the biggest decrease (-6.6 percent), namely ships and boats (-62.8 percent), defense aircraft and parts (-8.5 percent) and motor vehicles (-1.8 percent). Orders for electrical equipment, appliances and components were also down (-0.7 percent). Excluding transportation, factory orders increased 0.5 percent. source: U.S. Census Bureau
Factory Orders in the United States averaged 0.26 percent from 1991 until 2021, 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 2021.
Factory Orders in the United States is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Factory Orders in the United States to stand at 0.50 in 12 months time. In the long-term, the United States Factory Orders is projected to trend around 0.50 percent in 2022 and 0.30 percent in 2023, according to our econometric models.