July 2018 US durable goods orders
Prior was +0.8% (revised to +0.7%)
- Ex transport +0.2% vs +0.5% expected
- Capital goods orders non-defense ex air +1.4% vs +0.2% expected
- Prior capital goods orders non-defense ex air +0.2% (revised to +0.6%)
- Capital goods shipments non-defense ex air +0.9% vs +0.3% exp
- Prior core shipments +0.7% (revised to +0.9%)
Don't be fooled by the headline, the number that matters was very strong along with a positive revision.
