September 2018 US factory orders and durable goods revisions 2 November 2018

  • Prior 2.3%
  • Ex-transport 0.4% vs 0.1% prior m/m
  • Durable goods orders revision 0.7% vs 0.8% prior
  • Ex-transport 0.0% vs 0.1% prior
  • Ex-Def -0.7% vs -0.6% prior
  • Cap goods orders non-def ex-air -0.1% vs -0.1% prior

Better orders has the shine taken off by slightly worse durables. There’s the weather excuse in there too but the commerce dept says they can’t isolate those effects.

 

Ryan Littlestone

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