Value of Manufacturers' New Orders for Motor Vehicles and Parts Industries : 60052 (As of 2024-11-01)

To

Basic Info

This metric represents the total dollar value of new purchase orders received by manufacturers within the motor vehicles and parts industries, a significant segment of the durable goods sector. It includes orders for automobiles, trucks, buses, motorcycles, recreational vehicles, and automotive parts and components. Changing preferences, such as increased demand for SUVs, crossovers, or eco-friendly vehicles, can influence the types of vehicles in demand and affect new orders.

Monthly , not seasonally adjusted .            

Value of Manufacturers' New Orders for Motor Vehicles and Parts Industries was 60052 as of 2024-11-01, according to United States Census Bureau. Historically, Value of Manufacturers' New Orders for Motor Vehicles and Parts Industries reached a record high of 70277 and a record low of 16406, the median value is 41725. Typical value range is from 49274 to 63563. The Year-Over-Year growth is -1.21%. GuruFocus provides the current actual value, an historical data chart and related indicators for Value of Manufacturers' New Orders for Motor Vehicles and Parts Industries - last updated on 2024-11-01.

Category Production & Business Activity
Region USA
Source United States Census Bureau

Stats

Name Value
Last Value 60052
Latest Period 2024-11-01
Long Term Average 56,418.49
Average Annualized Growth Rate +2.89%
Value from 1 year ago 60791
Change from 1 year ago -1.22%
Frequency Daily
Unit Millions
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