US June factory orders +0.7% vs +0.7% expected

June factory orders data

  • Prior was +0.4%

  • Factory orders ex transportation +0.4% vs +0.7% prior

Durable goods orders revisions

  • June durable goods orders +0.8% vs +1.0% prelim

  • Ex transportation +0.2% vs +0.4% prelim

  • Capital goods orders non-defense ex-air +0.2% vs +0.6% prelim

  • Capital goods shipments non-defense ex-air +0.7% vs +1.0% prelim

The durable goods revisions are all lower. They're still healthy but not as strong as they looked last week when the preliminary report was released.

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