New orders for manufactured goods made in the US, excluding transportation, jumped 0.8 percent from a month earlier in March 2019, following a 0.3 percent gain in February. That was the largest increase in factory orders except transportation since May 2018. Factory Orders Ex Transportation in the United States averaged 0.25 percent from 1992 until 2019, reaching an all time high of 4.60 percent in March of 1996 and a record low of -7.20 percent in November of 2008.
Factory Orders Ex Transportation in the United States is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Factory Orders Ex Transportation in the United States to stand at 0.40 in 12 months time. In the long-term, the United States Factory Orders Ex Transportation is projected to trend around 0.30 percent in 2020, according to our econometric models.