Quantities and Value of New Orders
Term · Economic statistics · MLC-T-ECS-001549
The sales value of orders received during the current reporting period for products and services to be delivered immediately or at some future date. Also represents the net sales value of contract change documents that increase or decrease the sales value of the orders to which they are related, when the parties concerned are in substantial agreement as to the amount involved. Included as orders are only those that are supported by binding legal documents such as signed contracts or letter contracts.
| Identifier | MLC-T-ECS-001549 |
|---|---|
| Field | Economic statistics |
| References | U.S. Census Bureau Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001549",
"term": "Quantities and Value of New Orders",
"field": "Economic statistics",
"definition": "The sales value of orders received during the current reporting period for products and services to be delivered immediately or at some future date. Also represents the net sales value of contract change documents that increase or decrease the sales value of the orders to which they are related, when the parties concerned are in substantial agreement as to the amount involved. Included as orders are only those that are supported by binding legal documents such as signed contracts or letter contracts.",
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/quantities-and-value-of-new-orders/"
}
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