The

United States Census Bureau The United States Census Bureau (USCB), officially the Bureau of the Census, is a principal agency of the U.S. Federal Statistical System, responsible for producing data about the American people and economy. The Census Bureau is part of the ...

's Monthly Full Report on Manufacturers' Shipments, Inventories, and Orders, more commonly called the Factory Orders report, totals the dollar volume of new orders, shipments, unfilled orders, and inventories reported by domestic

manufacturers Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range ...

. Figures within the Factory Orders report are reported in the billions of dollars and also in a percent change from the previous month. Generally the Factory Orders report is not as widely watched as other

economic indicators An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic in ...

. The Advance Release on

Durable Goods In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be consid ...

, which usually precedes the Factory Orders report by one week, garners more attention, given that the durable goods report includes orders for

capital goods The economic concept of a capital good (also called complex product systems (CoPS),H. Rush, "Managing innovation in complex product systems (CoPS)," IEE Colloquium on EPSRC Technology Management Initiative (Engineering & Physical Sciences Researc ...

, a proxy for equipment

investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...

References

Economy of the United States Reports of the United States government United States Census Bureau {{US-stub

See also

References