April final factory orders data:
- Prior was +1.9% (revised to +1.3%)
- Ex transport +0.3% vs +0.7% prior (revised to +0.3%)
Revisions to April durable goods orders:
- Durable goods orders -2.1% vs -2.1% in prelim report
- Ex transport 0.0% vs 0.0% prelim
- Capital goods orders non-defense ex air -1.0% vs -0.9% prelim
- Capital goods shipments 0.0% vs 0.0% prelim
The negative revisions are the story here. It adds to the narrative about softness but the changes are minor in the grand scheme of things.