US February durable goods orders -1.0% vs +0.6% expected

  • February 2023 durable goods orders
Durable goods orders
  • Prior was -4.5% (revised to -5.0%)
  • Durables ex transportation 0.0% vs +0.2% expected
  • Prior ex transportation +0.7% *(revised to +0.4%)
  • Capital goods orders non-defense ex-air +0.2% vs 0.0% expected
  • Prior capital goods orders non-defense ex-air +0.8% (revised to +0.3%)

Core orders were a tad stronger but the magnitude of the revision erases any of the good news, and more.

US durable goods

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