- Prior -0.9% Revised to -0.5%
- Factory orders ex transport 0.6% vs 0.0% prior
- Shipments +1.0% vs 0.1% in Oct, highest since since 1992
- New orders +3.4% vs 3.5% prior
November durable goods revisions
- Nondefense ex-air revised to 4.1% from 4.5%
- Durable goods 3.4% from 3.5%
- Ex-def unchanged at 3.5%
US Factory orders 06 01 2014
A decent turnaround in orders and there’s no real shocks in the durables revisions. They’ve been pretty volatile of late so we’ll need to see another couple of months to see if they have settled down into a decent trend.
