As of February, new orders declined by a mean of 0.3 % year-over-year, totaling $1.9 million, in keeping with information from the U.S. Census Bureau. Almost all industries posted losses, whereas solely 4 reported positive aspects.
The transportation gear sector led the best way with a 4.3 % enhance in comparison with February 2024. Shut behind, the computer systems and digital merchandise section registered a 2.3 % achieve. Orders within the electrical gear, home equipment and parts class expanded by 1.2 %, whereas the sturdy items industries reported a extra modest rise of 0.5 %.
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In the meantime, a number of industries noticed notable declines. The furnishings and associated merchandise sector skilled the steepest year-over-year drop, with orders falling 3.1 %. The equipment trade adopted, posting a 2.9 % lower. Orders within the fabricated steel merchandise sector have been down 1.4 %, whereas the nondurable items industries section recorded a 1.1 % decline. The first metals section noticed a slight contraction of 0.1 %.
Month-over-month progress
From January to February this 12 months, new orders declined by 0.4 %, amounting to $2.2 million. Regardless of the general lower, 5 sectors confirmed constructive momentum. The transportation gear sector led month-to-month progress with a 7.1 % surge. The furnishings and associated merchandise trade bounced again with a 5 % enhance. {The electrical} gear, home equipment and parts section grew 2.7 %, adopted by a 2.4 % rise within the sturdy items industries. The computer systems and digital merchandise sector additionally posted a 1.8 % achieve.
However, the nondurable items industries registered the sharpest month-to-month decline, with orders falling 2.9 %. The equipment sector slipped 0.9 %, adopted by a 0.5 % drop within the fabricated steel merchandise section. The first metals trade noticed a smaller lower of 0.4 %.
—Posted on April 28, 2025
As of January, new orders elevated by a mean of three.5 %, or $18.6 million, in keeping with information from the U.S. Census Bureau. Probably the most important rise in comparison with January 2024 occurred within the transportation gear sector, which noticed a ten.5 % surge. The sturdy items industries sector posted a 4.3 % achieve, whereas the computer systems and digital merchandise section rose by 3.4 %. Orders within the nondurable items industries sector grew by 2.8 %, and first metals adopted with a 2.6 % enhance.
Yr-over-year, practically all surveyed manufacturing industries confirmed progress, aside from the furnishings and associated merchandise sector, which noticed a slight decline of 0.7 %. In distinction, the equipment sector rose by 1.0 %, and the fabricated steel merchandise section noticed a 1.6 % enhance.
Month-over-month progress
On a month-over-month foundation, new orders fell by a mean of 5.2 %, or $30.6 million as of January. In contrast to the yearly development, solely 4 sectors skilled constructive progress. Main metals noticed a ten.4 % enhance, orders for fabricated steel merchandise grew by 6.4 %, whereas furnishings and associated merchandise elevated by 4.3 %. The equipment sector skilled a small achieve of 0.7 %.
The most important drop occurred within the computer systems and digital merchandise section, which plummeted by 25.5 %. Orders for the transportation gear sector fell by 19.5 %, sturdy items industries noticed an 8.8 % lower and {the electrical} gear, home equipment and parts sector dropped by 5.6 %. Nondurable items industries additionally recorded a 1.8 % decline.
—Posted on March 25, 2025
