March factory orders data:
- Prior was -0.5% (revised to -0.3%)
- Ex transport +0.8% vs +0.3% prior
Revisions to March durable goods orders:
- Durable goods orders +2.6% vs +2.7% in prelim report
- Prior (February) was -1.1%
- Ex transport +0.3% vs +0.4% prelim
- Capital goods orders non-defense ex air +1.4% vs +1.3% prelim
- Capital goods shipments 0.0% vs -0.2% prelim
Good numbers and good revisions right across the board. What's strange is that we have some serious strength here while the ISM manufacturing survey yesterday fell to the lowest since 2014.
