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.

 

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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