May US factory orders -0.8% vs -0.5% expected

May US factory orders and revisions to durable goods orders

• Prior was -0.2%
• Ex-transport -0.8% vs -1.0% expected
• Prior ex-transport -1.1% (unrevised)

Revisions to the May durable goods orders report:

• Initially reported at -1.1% (revised to -0.8%)
• Capital goods orders non-defense ex air revised to +0.2% from -0.2%
• Capital goods shipments nondefense ex air revised to +0.1% vs -0.2%

Some good news for US dollar bulls returning from holidays.