Month-to-month changes in new orders for transportation equipment indicate the level of investment in transportation and may indicate the industry outlook for transportation services. There can be a substantial time lag between ordering and delivery of equipment such as commercial airplanes and ships. New orders refer to orders placed with domestic producers of equipment.
|Manufacturers' New Orders||Mar-02||Apr-02|
|Transportation equipment (billions of dollars)||56.35||54.75|
|Transportation equipment percent change from previous month||-0.88||-2.84|
NOTE: The Census Bureau released revised historical new orders data on May 21, 2001. This report reflects those revisions.
SOURCE: U.S. Department of Commerce, Bureau of the Census; May 31, 2002; available at: http://www.census.gov/indicator/www/m3/prel/index.htm.