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Tuesday, October 27, 2015

Durable-goods orders fall 1.2% in September, marks second straight drop


  • Prior -2.3%. Revised to -3.0%
  • Ex-transport -0.4% vs 0.0% exp m/m. Prior -0.2%. Revised to -0.9%
  • Ex-Def -2.0% vs -1.3% prior m/m. Revised to -2.1%
  • Cap goods orders non-def ex-air -0.3% vs 0.0% exp m/m. Prior -0.8%. Revised to -1.6%
  • Cap goods shipments non-def ex-air 0.5% vs 0.4% exp m/m. Prior -0.4%. Revised to -0.8% 
Looks ho-hum on the headline but poor revisions seen also makes the report worse.

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