November 2018 US factory orders
- Prior was -2.1%
- Ex transport +0.7% vs +1.5% exp
- Prior ex transport +0.8%
Durable goods orders revisions
- Orders +0.7% vs +1.5% exp
- Capital goods orders non-defense ex air -0.6% vs +0.1% exp
- Capital goods shipments non-defense ex air -0.2% vs +0.1% exp
Soft numbers all around. It was already known there was a hiccup in manufacturing late in 2018. There are signs that it's bounced but it's still far from clear. This is the worst three-month stretch of factory orders since Feb 2016.
