New orders

New orders indicators provide a measure of the value of orders received by the unit during the reference period. It is defined as the value of all legally binding contracts between a producer and a consumer for future deliveries by the producer of goods or services.

New orders are a leading indicator of production in that they measure future demand and production requirements. Enterprises may meet orders through: their own production processes; by sub-contracting some or all of the production process or through the resale of goods purchased.

Developments ISM PMI

See: Purchasing Managers Index

https://tradingeconomics.com/united-states/ism-manufacturing-new-orders

Release Date	Manufacturing	Services
Dec-23	47.1	52.8
Nov-23	48.3	55.5
Oct-23	45.5	55.5
Sep-23	49.2	51.8
Aug-23	46.8	57.5
Jul-23	47.3	55
Jun-23	45.6	55.5
May-23	42.6	52.9
Apr-23	45.7	56.1
Mar-23	44.3	52.2
Feb-23	47	62.6
Jan-23	42.5	60.4
Dec-22	45.2	45.2
Nov-22	47.2	56
Oct-22	49.2	56.5
Sep-22	47.1	60.6
Aug-22	51.3	61.8
Jul-22	48	59.9
Jun-22	49.2	55.6
May-22	55.1	57.6
Apr-22	53.5	54.6
Mar-22	53.8	60.1
Feb-22	61.7	56.1
Jan-22	57.9	61.7

New Orders: Manufacturing

Date	Manufacturers' New Orders: Total Manufacturing
	Millions SA	% M/M	% Y/Y	Millions M/M	Millions Y/Y
2023-11-01	592,870	2.58	3.12	14,924	17,963
2023-10-01	577,946	-3.45	-1.89	-20,649	-11,136
2023-09-01	598,595	2.25	2.55	13,192	14,876
2023-08-01	585,403	1.03	0.43	5,989	2,501
2023-07-01	579,414	-2.14	-0.67	-12,698	-3,936
2023-06-01	592,112	2.33	-0.17	13,486	-1,011
2023-05-01	578,626	0.38	-0.87	2,210	-5,074
2023-04-01	576,416	0.26	0.02	1,501	100
2023-03-01	574,915	0.64	0.47	3,650	2,666
2023-02-01	571,265	-1.68	2.07	-9,784	11,562
2023-01-01	581,049	0.02	3.94	131	22,042
2022-12-01	580,918	1.05	5.42	6,011	29,846
2022-11-01	574,907	-2.41	5.82	-14,175	31,620
2022-10-01	589,082	0.92	10.13	5,363	54,183
2022-09-01	583,719	0.14	11.06	817	58,114
2022-08-01	582,902	-0.08	10.78	-448	56,735
2022-07-01	583,350	-1.65	12.79	-9,773	66,135
2022-06-01	593,123	1.61	15.53	9,423	79,728
2022-05-01	583,700	1.28	15.84	7,384	79,832
2022-04-01	576,316	0.71	16.71	4,067	82,524
2022-03-01	572,249	2.24	16.78	12,546	82,233
2022-02-01	559,703	0.12	15.43	696	74,838
2022-01-01	559,007	1.44	15.83	7,935	76,410
2021-12-01	551,072	1.43	18.57	7,785	86,294
2021-11-01	543,287	1.57	19.76	8,388	89,656
2021-10-01	534,899	1.77	19.10	9,294	85,793
2021-09-01	525,605	-0.11	18.71	-562	82,841
2021-08-01	526,167	1.73	20.75	8,952	90,427
2021-07-01	517,215	0.74	20.18	3,820	86,854
2021-06-01	513,395	1.89	26.55	9,527	107,710
2021-05-01	503,868	2.04	33.54	10,076	126,563
2021-04-01	493,792	0.77	39.01	3,776	138,566
2021-03-01	490,016	1.06	18.76	5,151	77,418
2021-02-01	484,865	0.47	5.58	2,268	25,625
2021-01-01	482,597	3.83	4.92	17,819	22,612

New Orders: Durable Goods

https://fred.stlouisfed.org/series/DGORDER

Date	Durable Goods (Millions)	M/M	Y/Y	Durable Goods Excluding Transportation (M)	M/M	Y/Y	Nondefense Capital Goods Excluding Aircraft	M/M	Y/Y
2024-01-01	276,652	-6.11	-0.62	186,878	-0.31	1.06	73,720	0.13	0.14
2023-12-01	294,654	-0.25	4.50	187,462	-0.06	1.66	73,622	-0.55	0.87
2023-11-01	295,403	5.42	9.50	187,574	0.46	1.99	74,031	0.87	2.07
2023-10-01	280,217	-5.13	0.61	186,720	-0.34	0.97	73,396	-0.56	0.04
2023-09-01	295,365	4.03	7.07	187,360	0.16	1.29	73,812	-0.19	1.47
2023-08-01	283,917	-0.13	3.22	187,062	0.42	1.12	73,951	0.93	0.38
2023-07-01	284,282	-5.64	3.20	186,284	0.06	0.59	73,267	-0.40	0.37
2023-06-01	301,262	4.29	8.49	186,164	0.09	-0.01	73,559	-0.43	1.14
2023-05-01	288,857	1.96	5.67	185,997	0.73	-0.11	73,873	0.40	1.97
2023-04-01	283,311	1.24	4.33	184,642	-0.56	-0.58	73,577	0.74	1.94
2023-03-01	279,837	3.33	4.09	185,680	0.31	0.13	73,034	-0.59	1.78
2023-02-01	270,825	-2.71	0.61	185,106	0.10	0.84	73,468	-0.21	3.61
2023-01-01	278,372	-1.27	1.91	184,923	0.28	1.21	73,619	0.87	4.28
2022-12-01	281,966	4.52	5.31	184,407	0.27	-0.74	72,985	0.62	2.18
2022-11-01	269,783	-3.13	3.11	183,908	-0.55	1.53	72,533	-1.13	3.23
2022-10-01	278,512	0.96	8.03	184,924	-0.02	3.21	73,365	0.86	4.74
2022-09-01	275,857	0.29	8.28	184,965	-0.01	3.60	72,742	-1.27	5.63
2022-08-01	275,063	-0.14	6.31	184,983	-0.11	4.19	73,674	0.93	7.29
2022-07-01	275,455	-0.81	8.89	185,189	-0.54	5.90	72,998	0.37	7.20
2022-06-01	277,698	1.58	9.51	186,188	-0.01	7.23	72,732	0.40	7.57
2022-05-01	273,368	0.67	9.33	186,211	0.27	8.25	72,444	0.37	8.68
2022-04-01	271,541	1.01	10.63	185,718	0.15	8.06	72,177	0.58	5.82
2022-03-01	268,835	-0.13	9.07	185,437	1.02	10.34	71,759	1.20	8.21
2022-02-01	269,191	-1.45	10.03	183,564	0.46	10.61	70,905	0.44	9.04
2022-01-01	273,151	2.02	11.52	182,720	-1.64	11.29	70,596	-1.17	8.97
2021-12-01	267,750	2.33	14.10	185,773	2.56	14.61	71,429	1.66	12.10
2021-11-01	261,651	1.49	13.42	181,141	1.09	15.43	70,265	0.31	12.73
2021-10-01	257,816	1.20	11.61	179,180	0.36	15.06	70,048	1.72	12.45
2021-09-01	254,759	-1.54	12.54	178,546	0.56	16.45	68,862	0.28	12.12
2021-08-01	258,736	2.29	17.01	177,549	1.53	19.10	68,667	0.84	14.50
2021-07-01	252,955	-0.24	15.83	174,873	0.71	18.55	68,094	0.71	14.56
2021-06-01	253,573	1.41	27.46	173,632	0.94	21.14	67,612	1.43	16.38
2021-05-01	250,043	1.87	37.65	172,013	0.09	26.19	66,660	-2.27	18.80
2021-04-01	245,453	-0.41	52.78	171,866	2.27	30.68	68,209	2.85	23.67
2021-03-01	246,475	0.74	23.80	168,054	1.26	15.53	66,317	1.98	9.70
2021-02-01	244,658	-0.11	4.70	165,962	1.08	10.59	65,028	0.38	6.41
2021-01-01	244,935	4.38	6.47	164,188	1.29	9.15	64,783	1.67	4.65

October 2023

New orders for manufactured durable goods in October, down three of the last four months, decreased $16.0 billion or 5.4 percent to $279.4 billion. A 3.5 decreased was expected

• Shipments of manufactured durable goods in October, down three of the last four months, decreased $2.4 billion or 0.9 percent to $280.4 billion.
• Unfilled orders for manufactured durable goods in October, up ten of the last eleven months, increased $4.0 billion or 0.3 percent to $1,356.9 billion
• Inventories of manufactured durable goods in October, up three consecutive months, increased $1.5 billion or 0.3 percent to $525.1 billion.

September 2023

Durable goods orders jumped 4.7% in September, more than double economist's expectations for a 2% increase, reversing from two consecutive months of decline.

• Aircraft and other transportation equipment led the gains, increasing 12.7%
• Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders increased 5.8 percent.
• Inventories of manufactured durable goods inched up 0.1% to reach $523.7 billion in September, its second consecutive month of increases.

August 2023

New orders for manufactured durable goods in August, up five of the last six months, increased $0.5 billion or 0.2 percent to $284.7 billion. This followed a 5.6 percent July decrease.

• Excluding transportation, new orders increased 0.4 percent.
• Excluding defense, new orders decreased 0.7 percent
• Machinery, up four of the last five months, led the increase, $0.2 billion or 0.5 percent to $37.8 billion.
• Shipments of manufactured durable goods in August, up three of the last four months, increased $1.4 billion or 0.5 percent to $284.6 billion. This followed a 0.1 percent July decrease.
• Unfilled orders for manufactured durable goods in August, up eight of the last nine months, increased $5.0 billion or 0.4 percent to $1,335.9 billion. This followed a 0.5 percent July increase.
• Inventories Inventories of manufactured durable goods in August, up following two consecutive monthly decreases, increased $1.2 billion or 0.2 percent to $523.6 billion. This followed a virtually unchanged July decrease.

July 2023

Metric (MoM change)	Actual	Estimate
Durable goods orders	-5.2%	-4%
Capital goods orders excl. defense & aircraft	+0.1%	+0.1%
Capital goods shipments, excl. defense & aircraft	-0.2%	+0.1%