December 2017 US factory orders and durable goods revisions 2 February 2018

  • Prior 1.3%. Revised to 1.7%
  • Inventories 0.5% vs 0.5% prior
  • Invetory/sales ratio 1.35m unch
  • Durable goods rev 2.8% vs 2.9% flash. Nov 1.3%
  • Ex-trans 0.7% vs 0.6% flash. Nov -0.1%
  • Ex-Def 2.2% vs 2.2% flash. Nov 1.0%
  • Cap goods orders non-def ex-air -0.6% vs -0.3% flash. Nov -0.2%

Factory orders look good, and coming with a higher revision to Nov.

US factory orders

 

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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