Details of the US factory orders report for April, which includes revisions to durable goods orders:
- Prior factory orders +2.1% (revised to +2.2%)
- Ex-transportation 0.0%
- Prior factory orders ex-transportation 0.0%
Durable goods orders revisions:
- April nondefense capital goods orders revised to -0.3% from +1.0%
- April durable goods orders revised to -1.0% from -0.5%
- Original durable goods report
On the consensus estimate for the headline, BBG has it at -0.1% and RTRS at 0.0%.
Overall, it's a poor report and the revisions to durable goods orders were substantial.