October 2016 US factory orders and durable goods revisions report
Prior 0.3%
ex-transport 0.8% vs 0.6% prior m/m
Durable goods revision 4.6% vs 4.8% prior. Sep 0.4%
Ex-transport 0.8% vs 1.0% prior
Ex-Def 5.0% vs 5.2% prior
Cap goods orders non-def ex-air 0.2% vs 0.4% prior
Cap goods shipments non-def ex-air -0.1% vs 0.2% prior
That's the biggest jump in orders for over 2 years. It looks like transport did most of the work, and we can probably pin that on aircraft.
US factory orders m/m
The lower durable revisions take some of the gloss off the report. USDJPY poked its nose above 114.00 briefly to 114.10 but is back below.
