November 2016 US factory orders -2.4% vs -2.2% exp m/m

November 2016 US factory orders and durable revisions 6 January 2017

• Prior 2.7%. Revised to 2.8%

• Ex-transport 0.1% vs 0.8% prior

• Durable goods revision -4.5% vs -4.6% prior

• Ex-trans 0.6% vs 0.5% prior

• Ex-def -6.5% vs -6.6% prior

• Cap goods orders non-def ex-air 0.9% unch

Worse than expected on the factory orders. Durables hold up well enough though vs the first readings.

US factory orders details