NFPA’s Econ and Market Indicators (EMI) report pulls together data from multiple sources to provide the latest trends for:
- Customer Markets (U.S. Census Bureau)
- Economic Indicators (U.S. Census Bureau)
- Industrial Production (Federal Reserve)
- Capacity Utilization (Federal Reserve)
- Producer Price Index (Bureau of Labor Statistics)
Some highlights from the report include:
- New orders for durable goods in May increased $52.4 billion or 18 percent to $343.4 billion. This followed a 14.7 percent April decrease. Excluding transportation, new orders for durable goods increased 0.8 percent. Excluding defense, new orders for durable goods increased 16.8 percent. Total manufacturing shipments increased by $10 billion in May, just 0.12 percent above May 2023’s total manufacturing shipments.
- The fluid power equipment produce price index in June increased 4.8 percent from a year ago. The index rose just 0.15 percent from May to June and has been up 7 of the last 8 months. The index is graphed in the Econ and Market Indicator Dashboard as seen below:
The EMI report can be accessed at this link: https://www.nfpa.com/econ-market-indicators. An excel file with all the raw data is also available to download for internal analysis.
If you have any questions about interpreting or using the data in these reports, please contact Cecilia Bart at cbart@nfpa.com.