Recession Indicator New Orders vs Job OpeningsShowing the causation between new orders data and job opening data.
When new orders fall, new jobs fall.
RN, new orders have fallen. New jobs haven't fallen yet.
Key data points
Last release
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Next release
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Time to release
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Forecast
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Observation period
Mar 2024
Highest
598.60 BUSDSep 30, 2023
Lowest
223.50 BUSDFeb 29, 1992
About United States New Orders
In the United States, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product.
