August US durable goods +0.1% vs 0.0% exp

Author: Ryan Littlestone | Category: News
  • Prior -7.4%. Revised to -8.1%
  • Ex-transport -0.1% vs 1.0% exp. Prior -0.8%. Revised to -0.5%
  • Ex-defence +0.5% vs -6.9% prior. Revised to -7.5%
  • Non-defence-ex air +1.5% vs 1.9% exp. Prior -4.0%. Revised to -3.3%
  • Durables shipments +0.9% vs -0.1%
  • Non defence cap ex air 1.3% vs -1.4% prior

A fairly big revision down in the headline number but the big falls seen last month haven’t continued, which would suggest some seasonality involved.

The Non-def-cap-ex-air figure, which is the main indicator of business investment posted a decent gain but lower than expectations

The main movers were:

  • Manufacturing -0.2% from -10.9 in July
  • Computer related goods +7.8% from -13.5% prior
  • Transport equipment +0.7% from -21.9% prior
  • Non defence aircraft parts -1.2% from -58.9%
US Durable goods 25 09 2013

US Durable goods 25 09 2013

 

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