• Six consecutive months of negative readings
  • Prior -3.4%. Revised to -3.5%
  • Ex-transport -1.8% vs -2.3% prior

Durable goods revisions

  • Overall orders 2.8% (unch)
  • Ex transport 0.0% vs +0.3% prior
  • Non def cap ex air 0.5% vs 0.6% prior
  • Cap goods shipments non def ex air 0.1% vs -0.3% prior

A bounce of sorts but orders have been in the negative since last August

US factory orders m/m