Durable goods orders data for June 2018

  • Prior was -0.4% (revised to -0.3%)

  • Ex transport +0.4% vs +0.5% expected

  • Capital goods orders non-defense ex air +0.6% vs +0.5% expected
  • Prior capital goods orders non-defense ex air +0.3% (revised to +0.7%)
  • Capital goods shipments non-defense ex air +1.0% vs +0.4% exp

The shipments number is positive for tomorrow's GDP report but the headline is negative for Q3.