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Thursday, October 05, 2017

August US factory orders +1.2% vs +1.0% expected

  • Prior was -3.3%
  • Ex transport +0.4% vs +0.5% prior
  • Durable goods orders +2.0% vs +1.7% expected
  • The preliminary durable goods orders reading was +1.7%
  • Capital goods orders non-defense ex-air +1.1% versus +0.9% initially
  • Prior capital goods orders non-defense ex-air +1.1%
  • Capital goods shipments +1.1% vs +0.7% prelim
  • Durable goods orders ex transport +0.5% vs +0.2% initially
The Commerce Dept said it couldn't isolate effects of hurricanes in data.
There is lots of good news here, not great news, but good news.

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