US January factory orders data
- Prior was +1.1% (revised to +1.6%)
- Ex transport +1.7% vs +1.4% prior (revised to +1.9%)
Durable goods orders revisions:
- US durable goods orders +3.4% vs +3.4% expected
- Prelim January durable goods orders +3.4%
- Prior durable goods orders +1.2%
- Durables ex transportation +1.3% vs +1.4% prelim
- Capital goods orders non-defense ex-air +0.4% vs +0.5% expected
- Prior capital goods orders non-defense ex-air +0.5%
- Capital goods shipments non-defense ex-air +1.8% vs +2.1% prelim
Factory orders were strong and the revisions to the prior were positive. This is another strong sign in the manufacturing sector.
