May US factor orders -1.0% m/m vs -0.8% m/m expected

• Prior factory orders +1.9%
• Factor orders ex transportation +0.1%
• Prior factory orders ex trans +0.5% (revised to +0.3%)

Durable goods orders revisions:

• -2.3% vs -2.2% originally reported
• Ex-transport -0.3% (unrevised)
• Cap goods orders non-def ex-air -0.4% vs -0.7% originally reported
• Cap goods shipments non-def ex-air -0.5% (unrevised)

Factory orders were slightly weak but there was a small upward revision to core durable goods orders. All and all, these misses and changes are minor so there isn't much for the market to chew on here.