May 2018 US factory orders and durable goods revisions 3 July 2018

  • Prior -0.8%. Revised to -0.4%
  • Ex-transport 0.7% vs 0.4% prior m/m. Revised to 0.9%

Durable goods revision;

  • Orders -0.4% vs -0.6% prior
  • Ex-trans 0.0% vs -0.3% prior
  • Ex-def -1.3% vs -1.5% prior
  • Cap goods orders non-def ex-air 0.3% vs -0.2% prior
  • Cap goods shipments non-def ex-air 0.2% vs -0.1% prior

A beat all round and better revisions. USD doing absolutely nothing.

Ryan Littlestone
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