US factory orders for February to be released at the top of the hour

Expectations are for a -0.5% decline

the US factory good orders for February will be released at the top of the hour with expectations of -0.5% versus +0.1% in January.

• Ex transportation came in at -0.2% last month
• durable goods orders - a piece of the factory orders - will potentially be revised from its -1.6% value released late last month. Ex transportation came in at 0.1% in that report. The preliminary report for durable goods can be found HERE