Manufacturers' New Orders: Search and Navigation Equipment, Defense : 3485 (As of 2024-11-01)

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Basic Info

This metric measures the total value of new orders placed with manufacturers for defense-related search and navigation equipment, including radar systems, sonar devices, and GPS technology. An increase in new orders suggests heightened defense spending on navigational and search equipment, indicating a focus on enhancing military capabilities and technological advancements.

Monthly , seasonally adjusted .

Manufacturers' New Orders: Search and Navigation Equipment, Defense was 3485 as of 2024-11-01, according to United States Census Bureau. Historically, Manufacturers' New Orders: Search and Navigation Equipment, Defense reached a record high of 4071 and a record low of 735, the median value is 2475. Typical value range is from 2505 to 3299. The Year-Over-Year growth is 7.87%. GuruFocus provides the current actual value, an historical data chart and related indicators for Manufacturers' New Orders: Search and Navigation Equipment, Defense - last updated on 2024-11-01.

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

Stats

Name Value
Last Value 3485
Latest Period 2024-11-01
Long Term Average 2,901.81
Average Annualized Growth Rate +1.53%
Value from 1 year ago 3230
Change from 1 year ago +7.89%
Frequency Daily
Unit Millions
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