April US factory orders -0.2% vs -0.2% expected

April factory orders and revisions to durable goods orders

• Prior was +0.5% (revised to +1.0%)
• Factory orders ex transportation +0.1% vs 0.0% prior (prior revised to +0.2%)

Durable goods orders revisions:

• Durable goods orders -0.8% vs -0.6% expected
• Ex transport -0.5% vs -0.2% expected
• Capital goods orders non-defense ex air +0.1% vs +0.1% expected
• Capital goods shipments non-defense ex air +0.1% vs -0.1% initially
• Details of the initial durable goods orders report

The upward revision to factory orders makes the data better than it first appears but it's nothing to get overly excited about.