April 2018 US durable goods report 25 May 2018
- Prior 2.6%
- Ex-trans 0.9% vs 0.5% exp m/m. Prior -0.1%
- Ex-Def -1.9% vs -1.0% exp m/m. Prior -3.7%
- Cap goods orders non-def ex-air 1.0% vs 0.7% exp m/m. Prior -0.4%. Revised to -0.9%
- Cap goods shipments non-def ex air 0.8% vs 0.4% exp m/m. Prior -0.8%. Revised to -0.7%
Worse than expected but the Cap goods orders help it from being worse. Further good increases for business equipment suggests good investment purchasing.
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