May factory orders and revisions to durable goods orders
- Prior factory orders +1.9%
- Factor orders ex transportation +0.1%
- Prior factory orders ex trans +0.5% (revised to +0.3%)
Durable goods orders revisions:
- -2.3% vs -2.2% originally reported
- Ex-transport -0.3% (unrevised)
- Cap goods orders non-def ex-air -0.4% vs -0.7% originally reported
- Cap goods shipments non-def ex-air -0.5% (unrevised)
Factory orders were slightly weak but there was a small upward revision to core durable goods orders. All and all, these misses and changes are minor so there isn't much for the market to chew on here.
