United States Factory Orders MoM

Info

History

Chart

Impact:

Medium

Latest Release:

Surprise:

-0.2%

USD

Actual:

4.3%

Forecast: 4.5%

Previous/Revision:

0.5%

Period: May 2025

Next Release:

Forecast:

Period: Jun 2025

What Does It Measure?

The United States Factory Orders MoM measures the change in the dollar value of new purchase orders placed with manufacturers for durable and non-durable goods. This indicator primarily assesses the strength of the manufacturing sector and provides insights into future production levels and economic activity, focusing on key areas such as production output and business investment.

Frequency

This report is released monthly, typically published on the first business day of the following month, and represents a preliminary estimate subject to later revision.

Why Do Traders Care?

Traders closely monitor Factory Orders as it serves as a key indicator of manufacturing health and overall economic momentum, impacting asset prices like the U.S. dollar and equities. An increase in factory orders often signals future strength for manufacturers, which is generally bullish for stocks and may result in a stronger currency.

What Is It Derived From?

Factory Orders are derived from monthly surveys conducted by the U.S. Census Bureau, which collects data on new orders placed with manufacturers across various sectors. The index captures orders for both durable goods, which last three years or more, and non-durable goods, using a weighting method to ensure accurate representation across industries.

Description

The Factory Orders MoM report compares the current month's new orders to the previous month, thereby highlighting short-term changes in demand for manufactured goods. This method focuses on immediate trends, making it particularly useful for traders seeking to understand shifting economic conditions quickly, though it is typically presented in dollar value terms without seasonally adjusted variations.

Additional Notes

The Factory Orders MoM report is often considered a leading indicator of future manufacturing activity, which can have broader implications for economic growth. It is related to other economic reports like industrial production, and analysts compare its trends to assess the manufacturing sector's performance both nationally and globally.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for USD, Bullish for Stocks. Lower than expected: Bearish for USD, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 02, 2025	4.3%	4.5%	0.5%	-0.2%
Apr 02, 2025	0.6%	0.5%	1.8%	0.1%
Mar 05, 2025	1.7%	1.6%	-0.6%	0.1%
Feb 04, 2025	-0.9%	-0.7%	-0.8%	-0.2%
Jan 06, 2025	-0.4%	-0.3%	0.5%	-0.1%
Dec 04, 2024	0.2%	0.2%	-0.2%
Nov 04, 2024	-0.5%	-0.4%	-0.8%	-0.1%
Oct 03, 2024	-0.2%	0%	4.9%	-0.2%
Sep 04, 2024	5%	4.7%	-3.3%	0.3%
Aug 02, 2024	-3.3%	-2.9%	-0.5%	-0.4%
Jul 03, 2024	-0.5%	0.2%	0.4%	-0.7%
Jun 04, 2024	0.7%	0.6%	0.7%	0.1%
May 02, 2024	1.6%	1.6%	1.2%
Apr 02, 2024	1.4%	1%	-3.8%	0.4%
Mar 05, 2024	-3.6%	-2.9%	-0.3%	-0.7%
Feb 02, 2024	0.2%	0.2%	2.6%
Jan 05, 2024	2.6%	2.1%	-3.4%	0.5%
Dec 04, 2023	-3.6%	-2.8%	2.3%	-0.8%
Nov 02, 2023	2.8%	2.4%	1%	0.4%
Oct 04, 2023	1.2%	0.2%	-2.1%	1%
Sep 05, 2023	-2.1%	-2.5%	2.3%	0.4%
Aug 03, 2023	2.3%	2.2%	0.4%	0.1%
Jul 05, 2023	0.3%	0.8%	0.3%	-0.5%
Jun 05, 2023	0.4%	0.8%	0.6%	-0.4%
May 02, 2023	0.9%	1.1%	-1.1%	-0.2%
Apr 04, 2023	-0.7%	-0.5%	-2.1%	-0.2%
Mar 06, 2023	-1.6%	-1.8%	1.7%	0.2%
Feb 02, 2023	1.8%	2.2%	-1.9%	-0.4%
Jan 06, 2023	-1.8%	-0.8%	0.4%	-1%
Dec 05, 2022	1%	0.7%	0.3%	0.3%
Nov 03, 2022	0.3%	0.3%	0.2%
Oct 04, 2022	0%	0%	-1%
Sep 02, 2022	-1%	0.2%	1.8%	-1.2%
Aug 03, 2022	2%	1.1%	1.8%	0.9%
Jul 05, 2022	1.6%	0.5%	0.7%	1.1%
Jun 02, 2022	0.3%	0.7%	1.8%	-0.4%
May 03, 2022	2.2%	1.1%	0.1%	1.1%
Apr 04, 2022	-0.5%	-0.5%	1.5%
Mar 03, 2022	1.4%	0.7%	0.7%	0.7%
Feb 03, 2022	-0.4%	-0.2%	1.8%	-0.2%
Jan 06, 2022	1.6%	1.5%	1.2%	0.1%
Dec 03, 2021	1%	0.5%	0.5%	0.5%
Nov 03, 2021	0.2%	0%	1%	0.2%
Oct 04, 2021	1.2%	1%	0.7%	0.2%
Sep 02, 2021	0.4%	0.3%	1.5%	0.1%
Aug 03, 2021	1.5%	1%	2.3%	0.5%
Jul 02, 2021	1.7%	1.6%	-0.1%	0.1%
Jun 04, 2021	-0.6%	-0.2%	1.4%	-0.4%
May 04, 2021	1.1%	1.3%	-0.5%	-0.2%
Apr 05, 2021	-0.8%	-0.5%	2.7%	-0.3%
Mar 04, 2021	2.6%	2.1%	1.6%	0.5%
Feb 04, 2021	1.1%	0.7%	1.3%	0.4%
Jan 06, 2021	1%	0.7%	1.3%	0.3%
Dec 04, 2020	1%	0.8%	1.3%	0.2%
Nov 03, 2020	1.1%	1%	0.6%	0.1%
Oct 02, 2020	0.7%	1%	6.5%	-0.3%
Sep 02, 2020	6.4%	6%	6.4%	0.4%
Aug 04, 2020	6.2%	5%	7.7%	1.2%
Jul 02, 2020	8%	8.9%	-13.5%	-0.9%
Jun 03, 2020	-13%	-14%	-11%	1%
May 04, 2020	-10.3%	-9.7%	-0.1%	-0.6%
Apr 02, 2020	0%	0.2%	-0.5%	-0.2%
Mar 05, 2020	-0.5%	-0.1%	1.9%	-0.4%
Feb 04, 2020	1.8%	1.2%	-1.2%	0.6%
Jan 07, 2020	-0.7%	-0.8%	0.2%	0.1%
Dec 05, 2019	0.3%	0.3%	-0.8%
Nov 04, 2019	-0.6%	-0.5%	-0.1%	-0.1%
Oct 03, 2019	-0.1%	-0.2%	1.4%	0.1%
Sep 05, 2019	1.4%	1%	0.5%	0.4%
Aug 02, 2019	0.6%	0.8%	-1.3%	-0.2%
Jul 03, 2019	-0.7%	-0.5%	-1.2%	-0.2%
Jun 04, 2019	-0.8%	-0.9%	1.3%	0.1%
May 02, 2019	1.9%	1.5%	-0.3%	0.4%
Apr 08, 2019	-0.5%	-0.6%	0%	0.1%
Mar 19, 2019	0.1%	0.3%	0.1%	-0.2%
Feb 27, 2019	0.1%	0.5%	-0.5%	-0.4%
Feb 04, 2019	-0.6%	0.2%	-2.1%	-0.8%
Dec 06, 2018	-2.1%	-2%	0.2%	-0.1%
Nov 02, 2018	0.7%	0.5%	2.6%	0.2%
Oct 04, 2018	2.3%	2.1%	-0.5%	0.2%
Sep 06, 2018	-0.8%	-0.6%	0.6%	-0.2%
Aug 02, 2018	0.7%	0.7%	0.4%
Jul 03, 2018	0.4%	-0.1%	-0.4%	0.5%
Jun 04, 2018	-0.8%	-0.5%	1.7%	-0.3%
May 03, 2018	1.6%	1.4%	1.6%	0.2%
Apr 04, 2018	1.2%	1.7%	-1.3%	-0.5%
Mar 06, 2018	-1.4%	-1.3%	1.8%	-0.1%
Feb 02, 2018	1.7%	1.5%	1.7%	0.2%
Jan 05, 2018	1.3%	1.1%	0.4%	0.2%
Dec 04, 2017	-0.1%	-0.4%	1.7%	0.3%
Nov 03, 2017	1.4%	1.3%	1.2%	0.1%
Oct 05, 2017	1.2%	1%	-3.3%	0.2%
Sep 05, 2017	-3.3%	-3.3%	3.2%
Aug 03, 2017	3%	2.9%	-0.3%	0.1%
Jul 05, 2017	-0.8%	-0.5%	-0.3%	-0.3%
Jun 05, 2017	-0.2%	-0.2%	1%
May 04, 2017	0.2%	0.4%	1.2%	-0.2%
Apr 04, 2017	1%	1%	1.5%
Mar 06, 2017	1.2%	1%	1.3%	0.2%
Feb 03, 2017	1.3%	1%	-2.3%	0.3%
Jan 06, 2017	-2.4%	0.7%	2.8%	-3.1%
Dec 06, 2016	2.7%	2.6%	0.6%	0.1%
Nov 03, 2016	0.3%	0.2%	0.4%	0.1%
Oct 05, 2016	0.2%	-0.1%	1.4%	0.3%
Sep 02, 2016	1.9%	2%	-1.8%	-0.1%
Aug 04, 2016	-1.5%	-1.8%	-1.2%	0.3%
Jul 05, 2016	-1%	-0.9%	1.8%	-0.1%
Jun 03, 2016	1.9%	1.9%	1.7%
May 04, 2016	1.1%	0.6%	-1.9%	0.5%
Apr 04, 2016	-1.7%	-1.7%	1.2%
Mar 03, 2016	1.6%	2%	-2.9%	-0.4%
Feb 04, 2016	-2.9%	-2.8%	-0.7%	-0.1%
Jan 06, 2016	-0.2%	-0.2%	1.3%
Dec 03, 2015	1.5%	1.4%	-0.8%	0.1%
Nov 03, 2015	-1%	-0.9%	-2.1%	-0.1%
Oct 02, 2015	-1.7%	-1.2%	0.2%	-0.5%
Sep 02, 2015	0.4%	0.9%	2.2%	-0.5%
Aug 04, 2015	1.8%	1.8%	-1.1%
Jul 02, 2015	-1%	-0.5%	-0.7%	-0.5%
Jun 02, 2015	-0.4%	0%	2.2%	-0.4%
May 04, 2015	2.1%	2%	-0.1%	0.1%