- May 22, 2017
Value of manufacturers’ new orders; not seasonally adjusted; $ in million
New orders for all manufacturing industries increased in March 2017 by 6.2 percent or $30 billion, compared to March 2016. The most significant changes included Transportation Equipment up 8.5 percent, followed closely by Primary Metals and Fabricated Metal Products, with an increase of 7.8 percent. Year-over-year, all the industries increased, the smallest change being Furniture and Related Products’ rise of 1.6 percent. Transportation Equipment new orders increased month-over-month by 28.7 percent, a far cry from the increase of 9 percent registered in February 2016. Furniture and Related Products ranked among the bottom performers for month-over-month new orders (up 7.7 percent), the new orders for other industries seeing increases of more than 10 percent compared to the prior month’s change.