Manufacturers' New Orders: Mining, Oil, and Gas Field Machinery Manufacturing : 1741 (As of 2024-11-01)
Basic Info
It measures the total value of new purchase commitments placed with manufacturers for machinery used in mining, oil, and gas field operations. This metric reflects demand within these industries, providing insights into manufacturing activity and broader economic health. A decline may signal weakening demand, possibly due to economic uncertainties or reduced spending in energy and mining projects.
Monthly , seasonally adjusted .
Manufacturers' New Orders: Mining, Oil, and Gas Field Machinery Manufacturing was 1741 as of 2024-11-01, according to United States Census Bureau. Historically, Manufacturers' New Orders: Mining, Oil, and Gas Field Machinery Manufacturing reached a record high of 4276 and a record low of 368, the median value is 1289. Typical value range is from 1214 to 1725. The Year-Over-Year growth is 14.8%. GuruFocus provides the current actual value, an historical data chart and related indicators for Manufacturers' New Orders: Mining, Oil, and Gas Field Machinery Manufacturing - last updated on 2024-11-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1741 | ||
| Latest Period | 2024-11-01 | ||
| Long Term Average | 1,469.89 | ||
| Average Annualized Growth Rate | +4.48% | ||
| Value from 1 year ago | 1516 | ||
| Change from 1 year ago | +14.84% | ||
| Frequency | Daily | ||
| Unit | Millions | ||
| Download Source | source link |
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